@ 005bc4de:ef11e1a2

Bitcoin, sats, bits, numbers, and perceptions

Quick background

In December 2024 John Carvalho proposed BIP 21Q titled "Redefinition of the Bitcoin Unit to the Base Denomination." His point: the word "bitcoin" should not refer to the 21 million bitcoins we hear about, but to what we currently call "sats", the "base" unit of bitcoin. There are 2.1 quadrillion sats. So, instead of saying there are 21 million bitcoin, BIP 21Q suggests saying there are 2.1 quadrillion.

There'd be absolutely zero change to Bitcoin, the protocol, with this BIP (unlike the OP_CAT or more current OP_RETURN debates). This is just a movement to get people to change the way they talk about and refer to "bitcoin." BIP 21Q is just a rewording, a rephrasing, a rebranding, a rethinking.

Since

Since then, there has been discussion. I'll admit it's interesting to talk about, but I've never thought much of it. My take has been, and frankly still is: this too will pass. I hadn't heard or thought of this in a couple of months. Until...

In the past couple of days though, like a campfire that has been slowly dying down, a sudden rush of wind has fanned the embers and the flames have sparked upward. As best I can tell, that wind came out of the mouth (or typing) of Jack Dorsey (Twitter founder, Square/Block CEO, billionaire, you know Jack) when he put this note out.

Watch the vid on YouTube.

The video makes some good points, both against and in favor of BIP 21Q. Quickly, Grok summarized the arguments for and against, below:

Today, I even read chatter about a middle ground compromise to use "bits" as the base unit. In other words, don't use "sats" but use "bits." I guess the idea is that a bitcoin can stay one of 21 million, but "bits," which sounds like little bitcoins, can be the 2.1 quadrillion. "Oh brother," I thought, even more confusion. We've been through this back in the 20-teens with bits, ubits, and mbits. This was a main reason I made the Satoshi Bitcoin Converter because it was confusing! I'm happy we were past all this, but then...it's back!

Just for kicks, you can fool around with the old SBC version 7 and find out how confusing it is.

One of the arguments in the video is that the BoardwalkCash.com folks have adopted "bitcoin" as their base unit. Boardwalk Cash is a cashu/ecash (and Lightning) web app with the intention of making spending and receiving small, coffee-sized payments easy.

Notice the bitcoin B after the zero, not "sats" or a satoshi symbol, like the one I proposed: シ 😃

Below, I sent 21 sats (bitcoins?) from a different ecash/cashu wallet. And, boom, there they appear in Boardwalk Cash. Notice how it appears as 21₿, as 21 bitcoin. Then, when I click it, it shows $0.02 USD, two pennies.

I didn't actually send 21 what-we-think-of-today bitcoins, worth $2.16 million. I sent two US pennies worth.

By the way, if you've never messed around with ecash/cashu and wish to try it out, get a wallet and I'll send you a few sats (bitcoins?) as ecash to see how easy it is. These images are from Boardwalkcash.com which is very clean, however I use Cashu.me.

And so...

And so, this is the main argument against, in my view: possible confusion. The other issue would be the changeover by things like exchanges or maybe even smart contracts that bridge BTC to other chains. Having worked on my little converter app, I know that it can be easy to make a decimal mistake in the code and throw everything off. I'm certain that, should we move to 2.1 quadrillion bitcoins, somebody will foul up an interface or back end which might cause a big problem, maybe some big losses.

Two things here:

On the more technical side, the changing of names and code on exchanges or smart contracts, it would almost be better if there was a hard-and-fast, set changeover date, like there was with Y2K. There is a clear before-and-after, B.C. and A.D. date. Call it, "BQ" and "AQ", before and after quadrillion. 😂 If there was a date/time where everything was 21M "bitcoin" to 2.1Q "bitcoin", that would force the issue.

However, there is not such a date or time, nor will there be...recall that bitcoin is decentralized, no CEO here. If this 2.1Q change actually happens, the reality is that it will be a rolling, gradual, thing. It will be case by case, app by app, exchange by exchange. And some won't make the change at all. This lends back to the confusion situation.

Secondly, on the human perception side, this actually concerns me less. We can change human perception. It takes some time, but human perception and thinking is very plastic and can definitely be molded. Heaven knows the examples of how this has been used the wrong way in history, umm, anything like this go on in World War II?

Quick case studies of changing perception:

Standard Oil (John D. Rockefeller's company) was essentially a monopoly and was broken up by the U.S., remember that from history class? They had a multitude of sub-brands, one of which was "Esso", get it?, S.O., Standard Oil? They wanted to move away from ties to Standard Oil, at least perception-wise, and wanted to consolidate all their sub-brands. They moved to "Exxon" with a marketing campaign. The marketing types were brilliant. They understood that there is a time thing involved. Unlike the Y2K hard date above, they knew that human perception, as malleable as it is, changes over time. Rather than fight this, they used this to their advantage.

As I understand, one of their techniques was to use the visual. The Esso sign was shown in places with the Esso logo up high and prominent. But, down below, was the never-before-seen Exxon sign. It was just there, doing nothing. Doing nothing except implanting itself into the subconscious of the viewers. Then, the Exxon sign, in later ads, appeared higher. The Esso sign lowered and was less prominent. Hmm? What's going on? Does anyone even notice? Hmm? Then, in the coup, the tiger mascot literally lowered the Esso sign down and raised the Exxon sign up.

In the final coup d'état, the Esso sign simply disappeared. And, make no mistake, this is the coup de grâce...the word Esso just disappeared. It was no longer seen at all. Then, it was forgotten and it was gone. Now, there is Exxon.

More recently, we all know that Twitter rebranded to X. It seemed so dumb, definitely awkward, I'm still not entirely used to it, people still write, "...so-and-so posted on X, formerly Twitter,..." (as if no one knows that X is formerly Twitter), I still say people "tweet" on X, but it's changing. I now hear reference to what so-and-so said "on X", with no mention of Twitter. It's changing. Time...it'll change...Twitter will stop being mentioned, Twitter will be a part of history, like Esso.

What'll happen with 21Q?

Nothing. I fully predict that this 2.1 quadrillion bitcoins thing will go nowhere. One of the main reasons for moving to replace "sats" as "bitcoins" is the perception that 1 bitcoin is unattainable and that people know "bitcoin," but don't know "sats." A bull bitcoin is out of reach for most people, but sats are attainable by everyone with a wallet. And, if they don't know ther term "sats," it's probably easier to change that perception (to educate them on sats) than it is to change and possibly confuse their knowledge of 21M bitcoins with 2.1Q bitcoins. It's probably easier to educate on "sats" than it is to change all the backends on exchanges and smart contracts and front ends (and some won't change at all, which will add more to confusion).

Solution: educate

Practical solution: if you think you might be speaking to a "normie" audience, make it a point to use the phrase "bitcoin sats." Over time, as people acquire and use sats to buy burgers, they'll know that sats means 1 of 2.1 quadrillion, but a bitcoin is 1 of 21 million. This is the Esso tiger lowering "bitcoin" and raising "sats."

@ c230edd3:8ad4a712

When beechen buds begin to swell,

And woods the blue-bird’s warble know,

The yellow violet’s modest bell

Peeps from the last year’s leaves below.

Ere russet fields their green resume,

Sweet flower, I love, in forest bare,

To meet thee, when thy faint perfume

Alone is in the virgin air.

Of all her train, the hands of Spring

First plant thee in the watery mould,

And I have seen thee blossoming

Beside the snow-bank’s edges cold.

Thy parent sun, who bade thee view

Pale skies, and chilling moisture sip,

Has bathed thee in his own bright hue,

And streaked with jet thy glowing lip.

Yet slight thy form, and low thy seat,

And earthward bent thy gentle eye,

Unapt the passing view to meet

When loftier flowers are flaunting nigh.

Oft, in the sunless April day,

Thy early smile has stayed my walk;

But midst the gorgeous blooms of May,

I passed thee on thy humble stalk.

So they, who climb to wealth, forget

The friends in darker fortunes tried.

I copied them—but I regret

That I should ape the ways of pride.

And when again the genial hour

Awakes the painted tribes of light,

I’ll not o’erlook the modest flower

That made the woods of April bright.

@ 4c96d763:80c3ee30

Changes

Ken Sedgwick (5):

• drive-by clippy fixes
• add add relay GUI
• add Accounts::add_advertised_relay
• upgrade url string to RelaySpec for [read|write] markers
• publish NIP-65 relay lists

William Casarin (7):

• persistent: dont nuke decks when using cli columns
• envrc: update vrod's npub for testing
• note: introduce RootNoteId
• enostr: introduce PubkeyRef
• mutes: hide logs
• debug: log when adding notes to start
• switch to TimelineCache

greenart7c3 (1):

• Fix side panel color when using light theme

kernelkind (2):

• log nip05 error
• fix persist deck author profile bug

kieran (4):

• note-ref: derive hash
• move Notedeck to notedeck crate
• export enostr / nostrdb
• Always update accounts

pushed to notedeck:refs/heads/master

@ c230edd3:8ad4a712

To him who in the love of Nature holds
Communion with her visible forms, she speaks
A various language; for his gayer hours
She has a voice of gladness, and a smile
And eloquence of beauty, and she glides
Into his darker musings, with a mild
And healing sympathy, that steals away
Their sharpness, ere he is aware. When thoughts
Of the last bitter hour come like a blight
Over thy spirit, and sad images
Of the stern agony, and shroud, and pall,
And breathless darkness, and the narrow house,
Make thee to shudder, and grow sick at heart;—
Go forth, under the open sky, and list
To Nature’s teachings, while from all around— Earth and her waters, and the depths of air— Comes a still voice— Yet a few days, and thee
The all-beholding sun shall see no more
In all his course; nor yet in the cold ground,
Where thy pale form was laid, with many tears,
Nor in the embrace of ocean, shall exist
Thy image. Earth, that nourished thee, shall claim
Thy growth, to be resolved to earth again, And, lost each human trace, surrendering up
Thine individual being, shalt thou go
To mix for ever with the elements,
To be a brother to the insensible rock
And to the sluggish clod, which the rude swain
Turns with his share, and treads upon. The oak
Shall send his roots abroad, and pierce thy mould.

Yet not to thine eternal resting-place
Shalt thou retire alone, nor couldst thou wish
Couch more magnificent. Thou shalt lie down
With patriarchs of the infant world—with kings,
The powerful of the earth—the wise, the good,
Fair forms, and hoary seers of ages past,
All in one mighty sepulchre. The hills
Rock-ribbed and ancient as the sun,—the vales
Stretching in pensive quietness between;
The venerable woods—rivers that move
In majesty, and the complaining brooks
That make the meadows green; and, poured round all,
Old Ocean’s gray and melancholy waste,—
Are but the solemn decorations all
Of the great tomb of man. The golden sun,
The planets, all the infinite host of heaven,
Are shining on the sad abodes of death,
Through the still lapse of ages. All that tread
The globe are but a handful to the tribes
That slumber in its bosom.—Take the wings
Of morning, pierce the Barcan wilderness,
Or lose thyself in the continuous woods
Where rolls the Oregon, and hears no sound,
Save his own dashings—yet the dead are there:
And millions in those solitudes, since first
The flight of years began, have laid them down
In their last sleep—the dead reign there alone. So shalt thou rest, and what if thou withdraw
In silence from the living, and no friend
Take note of thy departure? All that breathe
Will share thy destiny. The gay will laugh When thou art gone, the solemn brood of care
Plod on, and each one as before will chase
His favorite phantom; yet all these shall leave
Their mirth and their employments, and shall come And make their bed with thee. As the long train
Of ages glide away, the sons of men,
The youth in life’s green spring, and he who goes
In the full strength of years, matron and maid,
The speechless babe, and the gray-headed man—
Shall one by one be gathered to thy side,
By those, who in their turn shall follow them.
So live, that when thy summons comes to join
The innumerable caravan, which moves
To that mysterious realm, where each shall take
His chamber in the silent halls of death,
Thou go not, like the quarry-slave at night,
Scourged to his dungeon, but, sustained and soothed
By an unfaltering trust, approach thy grave,
Like one who wraps the drapery of his couch
About him, and lies down to pleasant dreams.

@ da18e986:3a0d9851

Since DVMs were introduced to Nostr in July 2023, we've witnessed remarkable growth - over 2.5 million DVM events (Kinds 5000-7000) and counting. Last fall, when Primal added custom feeds (Kind 5300 DVMs), we saw a 10x surge in DVM activity. To handle this growth, I've spent the last few months completely rewriting DVMDash.

The first version of DVMDash, still live at https://dvmdash.live, unfortunately uses full database table scans to compute the metrics. The code was simpler, but the computation ran on the database. This meant the only way to scale the system was to upgrade the database. Using managed databases (like AWS, Azure, Digital Ocean) beyond the lower tiers gets expensive quickly.

The other problem with the first version: it computes metrics globally (well... as global as you can get; there's no true global with Nostr). Global or all-time metrics aren't sustainable with a system that plans to analyze billions of events in the future (a long term goal for DVMDash). Especially metrics like the number of unique DVMs, Kinds, and Users. I spent more time than I care to admit on possible designs, and have settled on these design principles for now:

1. Precise accurate metrics will only be computed for the last 30 days of DVM activity.
2. At the turn of a new month, we will compute a snapshot of the last month's activity, and a snapshot per DVM and per Kind, and store them in a historical table. This way we can see what any given month in the past looked like from a bird's eye view with metrics like number of job requests, job results, a count of unique DVMs, kinds and users, which DVMs ran jobs on which kinds, etc. The monthly data will all be aggregate.

The goal of the new redesign is to support processing millions of DVM events an hour. Therefore we need to ensure we can horizontally scale the processing as the traffic increases. Horizontal scaling was the primary goal of this new redesign, and early results indicate it's working.

The new architecture for DVMDash uses a redis queue to hold events collected from relays. Then batches of events are pulled off of the queue by dvm event analyzers to compute metrics. Duplicating these analyzers is one way DVMDash can horizontally scale.

To see if increasing the number of dvm event analyzers improves speed, I ran a performance test on Digital Ocean using real DVM events collected from Jan. 1st 2024 to Jan 9th 2025, which includes more than 2.4 million events. The only difference between each run is the number of DVM event analyzers ranging from 1 to 6.

The first graph shows that adding more event analyzers has a significant speed improvement. With only one analyzer it took nearly an hour to process the 2.4 million events. With every added analyzer, there was a noticeable speedup, as can be seen in the graph. With n=6 analyzers, we were able to process all 2.4 million events in about 10 minutes.

When we look at the rate of processing shown in the second graph, we can see that we get up to 300k dvm events processed per minute when n=6, compared to just ~50k events processed when n=1.

While I did test beyond 6 analyzers, I found the sweet spot for the current infrastructure setup to be around 6 analyzers. This provides plenty of headroom above our current processing needs, which typically see less than a million events per month. Even at a million DVM events per day, DVMDash should be able to handle it with n=2 analyzers running. The most important takeaway is that DVMDash can now horizontally scale by adding more analyzers as DVM activity grows in the future.

The code to run these performance tests, either locally or on Digital Ocean (you'd need an API key), is in the dvmdash repo, so anyone can replicate these tests. There's a lot of nuance to scaling that I'm leaving out of this short article, and you can't get away from having to adjust database capacity (especially number of connections). The code for this test can be found in experiments/test_batch_processing_scaling.py and the code to produce the graphs is in experiments/graph_batch_processing_scaling_data.py. For now this is still in the full-redesign branch, soon it will be merged into main.

The live version of dvmdash doesn't have these performance updates yet, a complete redesign is coming soon, including a new UI.

I've had my head down working on this rewrite, and couldn't move on to add new features until this was done. Thank you to the folks who made github issues, I'll be getting to those soon.

DVMDash is open source, please drop by and give us a feature request, bug report, pull request or star. Thanks to OpenSats for funding this work.

Github: https://github.com/dtdannen/dvmdash

Shoutout to nostr:npub12xeqxplp5ut4h92s3vxthrdv30j0czxz9a8tef8cfg2cs59r85gqnzrk5w for helping me think through database design choices.

@ 7460b7fd:4fc4e74b

背景：WhatsApp的号码验证与运营商合作关系

作为一款基于手机号码注册的即时通信应用，WhatsApp的账号验证严重依赖全球电信运营商提供的短信或电话服务。这意味着，当用户注册或在新设备登录WhatsApp时，WhatsApp通常会向用户的手机号码发送SMS短信验证码或发起语音电话验证。这一流程利用了传统电信网络的基础设施，例如通过SS7（信令系统7）协议在全球范围内路由短信和电话securityaffairs.com。换句话说，WhatsApp把初始账户验证的安全性建立在电信运营商网络之上。然而，这种依赖关系也带来了隐患：攻击者可以利用电信网络的漏洞来拦截验证码。例如，研究人员早在2016年就演示过利用SS7协议漏洞拦截WhatsApp和Telegram的验证短信，从而劫持用户账户的攻击方法securityaffairs.com。由于SS7协议在全球范围内连接各国运营商，一个运营商的安全缺陷或恶意行为都可能被不法分子利用来获取他网用户的短信验证码securityaffairs.com。正因如此，有安全专家指出，仅依赖短信验证不足以保障账户安全，WhatsApp等服务提供商需要考虑引入额外机制来核实用户身份securityaffairs.com。

除了技术漏洞，基于电信运营商的验证还受到各地政策和网络环境影响。WhatsApp必须与全球各地运营商“合作”，才能将验证码送达到用户手机。然而这种“合作”在某些国家可能并不顺畅，典型例子就是中国。在中国大陆，国际短信和跨境电话常受到严格管控，WhatsApp在发送验证码时可能遭遇拦截或延迟sohu.com。因此，理解WhatsApp在中国的特殊联网和验证要求，需要将其全球验证机制与中国的电信政策和网络审查环境联系起来。下文将深入探讨为什么在中国使用WhatsApp进行号码验证时，必须开启蜂窝移动数据，并分析其中的技术逻辑和政策因素。

中国环境下的特殊问题：为何必须开启蜂窝数据？

中国的网络审查与封锁： WhatsApp自2017年起就在中国大陆遭遇严格封锁。起初，WhatsApp在华的服务受到**“GFW”（防火长城）**的部分干扰——例如曾一度只能发送文本消息，语音、视频和图片消息被封锁theguardian.com。到2017年下半年，封锁升级，很多用户报告在中国完全无法使用WhatsApp收发任何消息theguardian.com。中国官方将WhatsApp与Facebook、Telegram等西方通信平台一同屏蔽，视作对国家网络主权的挑战theguardian.com。鉴于此，在中国境内直接访问WhatsApp的服务器（无论通过Wi-Fi还是本地互联网）都会被防火长城所阻断。即使用户收到了短信验证码，WhatsApp客户端也无法在没有特殊连接手段的情况下与服务器完成验证通信。因此，单纯依赖Wi-Fi等本地网络环境往往无法完成WhatsApp的注册或登陆。很多用户经验表明，在中国使用WhatsApp时需要借助VPN等工具绕过审查，同时尽可能避免走被审查的网络路径sohu.com。

强制Wi-Fi热点与连接策略： 除了国家级的封锁，用户所连接的局域网络也可能影响WhatsApp验证。许多公共Wi-Fi（如机场、商场）采取强制门户认证（captive portal），用户需登录认证后才能上网。对此，WhatsApp在客户端内置了检测机制，当发现设备连入这类强制Wi-Fi热点而无法访问互联网时，会提示用户忽略该Wi-Fi并改用移动数据faq.whatsapp.com。WhatsApp要求对此授予读取Wi-Fi状态的权限，以便在检测到被拦截时自动切换网络faq.whatsapp.com。对于中国用户来说，即便所连Wi-Fi本身联网正常，由于GFW的存在WhatsApp依然可能视之为“不通畅”的网络环境。这也是WhatsApp官方指南中强调：如果Wi-Fi网络无法连接WhatsApp服务，应直接切换到手机的移动数据网络faq.whatsapp.com。在中国，由于本地宽带网络对WhatsApp的封锁，蜂窝数据反而成为相对可靠的通道——尤其在搭配VPN时，可以避开本地ISP的审查策略，实现与WhatsApp服务器的通信sohu.com。

国际短信的运营商限制： 使用移动数据还有助于解决短信验证码接收难题。中国的手机运营商出于防垃圾短信和安全考虑，默认对国际短信和境外来电进行一定限制。许多中国用户发现，注册WhatsApp时迟迟收不到验证码短信，原因可能在于运营商将来自国外服务号码的短信拦截或过滤sohu.com。例如，中国移动默认关闭国际短信接收，需要用户主动发送短信指令申请开通sohu.com。具体而言，中国移动用户需发送文本“11111”到10086（或10085）来开通国际短信收发权限；中国联通和电信用户也被建议联系运营商确认未屏蔽国际短信sohu.com。若未进行这些设置，WhatsApp发送的验证码短信可能根本无法抵达用户手机。在这种情况下，WhatsApp提供的备用方案是语音电话验证，即通过国际电话拨打用户号码并播报验证码。然而境外来电在中国也可能遭到运营商的安全拦截，特别是当号码被认为可疑时zhuanlan.zhihu.com。因此，中国用户经常被建议开启手机的蜂窝数据和漫游功能，以提高验证码接收的成功率sohu.com。一方面，开启数据漫游意味着用户准备接受来自境外的通信（通常也包含短信/电话）；另一方面，在数据联网的状态下，WhatsApp可以尝试通过网络直接完成验证通信，从而减少对SMS的依赖。

移动数据的网络路径优势： 在实际案例中，一些中国WhatsApp用户报告仅在开启蜂窝数据的情况下才能完成验证。这可能归因于蜂窝网络和宽带网络在国际出口上的差异。中国移动、联通等运营商的移动数据可能走与宽带不同的网关路由，有时对跨境小流量的拦截相对宽松。此外，WhatsApp在移动数据环境中可以利用一些底层网络特性。例如，WhatsApp可能通过移动网络发起某些专用请求或利用运营商提供的号码归属地信息进行辅助验证（虽然具体实现未公开，但这是业界讨论的可能性）。总之，在中国特殊的网络环境下，开启蜂窝数据是确保WhatsApp验证流程顺利的重要一步。这一步不仅是为了基本的互联网连接，也是为了绕开种种对国际短信和应用数据的拦截限制，从而与WhatsApp的全球基础设施建立必要的通讯。

PDP Context与IMSI：移动网络验证的技术细节

要理解为什么移动数据对WhatsApp验证如此关键，有必要了解移动通信网络中的一些技术细节，包括PDP Context和IMSI的概念。

PDP Context（分组数据协议上下文）： 当手机通过蜂窝网络使用数据（如4G/5G上网）时，必须先在运营商核心网中建立一个PDP上下文。这实际上就是申请开启一个数据会话，运营商将为设备分配一个IP地址，并允许其通过移动核心网访问互联网datascientest.com。PDP上下文包含了一系列参数（例如APN接入点名称、QoS等级等），描述该数据会话的属性datascientest.comdatascientest.com。简单来说，激活蜂窝数据就意味着创建了PDP上下文，设备获得了移动网络网关分配的IP地址，可以收发数据包。对于WhatsApp验证而言，只有在建立数据连接后，手机才能直接与WhatsApp的服务器交换数据，例如提交验证码、完成加密密钥协商等。如果仅有Wi-Fi而蜂窝数据关闭，且Wi-Fi环境无法连通WhatsApp服务器，那么验证过程将陷入停滞。因此，在中国场景下，开启蜂窝数据（即建立PDP数据通路）是WhatsApp客户端尝试绕过Wi-Fi限制、直接通过移动网络进行验证通信的前提faq.whatsapp.comsohu.com。值得一提的是，PDP Context的建立也表明手机在运营商网络上处于活跃状态，这对于某些验证机制（比如后述的闪信/闪呼）来说至关重要。

IMSI与MSISDN： IMSI（国际移动用户标识）和MSISDN（移动用户号码，即手机号码）是运营商网络中两个密切相关但不同的标识。IMSI是存储在SIM卡上的一串唯一数字，用于在移动网络中标识用户身份netmanias.com。当手机接入网络时，它向运营商提供IMSI以进行鉴权，运营商据此知道“是哪张SIM”的请求netmanias.com。而MSISDN则是我们平常说的手机号，用于在语音通话和短信路由中定位用户，也存储在运营商的HLR/HSS数据库中netmanias.com。运营商通过IMSI<->MSISDN的对应关系，将来自全球的短信/电话正确路由到用户手机上。WhatsApp的验证短信或电话本质上就是通过目标号码(MSISDN)寻找所属运营商网络，由该网络根据IMSI定位用户终端。一般情况下，WhatsApp应用并不直接接触IMSI这种信息，因为IMSI属于运营商网络的内部标识。然而，IMSI的存在仍然对安全产生影响。例如，**SIM卡交换（SIM Swap）**欺诈发生时，攻击者获得了受害者号码的新SIM卡，新SIM卡会有不同的IMSI，但MSISDN保持原号码不变。运营商会将原号码映射到新的IMSI，这样验证码短信就发送到了攻击者手中的SIM上。对WhatsApp而言，除非有机制检测IMSI变动，否则无法察觉用户号码背后的SIM已被盗换。部分应用在检测到SIM变化时会提示用户重新验证，这需要读取设备的IMSI信息进行比对。然而，在现代智能手机中，获取IMSI通常需要特殊权限，WhatsApp并未明确说明它有此类检测。因此，从WhatsApp角度，IMSI更多是网络侧的概念，但它提醒我们：电信级身份验证依赖于SIM的有效性。只有当正确的IMSI在网络注册、并建立了PDP数据上下文时，WhatsApp的后台服务才能确认该SIM对应的号码目前“在线”，进而可靠地发送验证信号（短信或电话）到该设备。

移动网络的信号辅助验证： 有观点认为，一些OTT应用可能利用移动网络提供的附加服务来辅助号码验证。例如，某些运营商提供号码快速验证API，当应用检测到设备在移动数据网络中时，可以向特定地址发起请求，由运营商返回当前设备的号码信息（通常通过已经建立的PDP通道）。Google等公司在部分国家与运营商合作过类似服务，实现用户免输入验证码自动完成验证。但就WhatsApp而言，没有公开证据表明其使用了运营商提供的自动号码识别API。即便如此，WhatsApp鼓励用户保持移动网络在线的做法，隐含的意义之一可能是：当手机处于蜂窝网络且数据畅通时，验证码通过率和验证成功率都会显著提升。这既包括了物理层面短信、电话能否送达，也涵盖了数据层面应用和服务器能否互通。

Flash Call机制：WhatsApp验证的新方案

针对传统SMS验证码容易被拦截、延迟以及用户体验不佳的问题，WhatsApp近年来引入了一种Flash Call（闪呼）验证机制fossbytes.com。所谓闪呼，即应用在用户验证阶段向用户的手机号发起一个非常短暂的来电：用户无需真正接听，WhatsApp会自动结束这通电话，并根据通话记录来确认是否拨通fossbytes.com。

原理与流程： 当用户选择使用闪呼验证（目前主要在Android设备上可用），WhatsApp会请求权限访问用户的通话记录fossbytes.com。随后应用拨打用户的号码，一般是一个预先设定的特定号码或号码段。由于WhatsApp后台知道它拨出的号码及通话ID，只要该未接来电出现在用户手机的通话日志中，应用即可读取并匹配最后一通来电的号码是否符合验证要求，从而确认用户持有这个号码fossbytes.com。整个过程用户无需手动输入验证码，验证通话在数秒内完成。相比6位数字短信验证码需要用户在短信和应用间切换输入，闪呼方式更加快捷无缝fossbytes.com。

优缺点分析： 闪呼验证的优势在于速度快且避免了SMS可能的延迟或拦截。一些分析指出闪呼将成为取代SMS OTP（一次性密码）的新趋势，Juniper Research预测2022年用于验证的闪呼次数将从2021年的六千万猛增到五十亿次subex.comglobaltelcoconsult.com。对于WhatsApp这样全球用户庞大的应用，闪呼可以节约大量SMS网关费用，并绕开部分运营商对国际SMS的限制。然而，闪呼也有局限：fossbytes.com首先，iOS设备由于系统安全限制，应用无法访问通话记录，因此iPhone上无法使用闪呼验证fossbytes.com。这意味着苹果用户仍需使用传统短信验证码。其次，为实现自动匹配来电号码，用户必须授予读取通话记录的权限，这在隐私上引发一些担忧fossbytes.comfossbytes.com。WhatsApp声称不会将通话记录用于验证以外的用途，号码匹配也在本地完成fossbytes.com，但考虑到母公司Meta的隐私争议，部分用户依然顾虑。第三，闪呼验证依赖语音通话路线，同样受制于电信网络质量。如果用户所处网络无法接通国际来电（比如被运营商拦截境外短振铃电话），闪呼也无法成功。此外，从运营商角度看，闪呼绕过了A2P短信计费，可能侵蚀短信营收，一些运营商开始研究识别闪呼流量的策略wholesale.orange.com。总体而言，闪呼机制体现了WhatsApp希望减轻对短信依赖的努力，它在许多国家提升了验证体验，但在中国等特殊环境，其效果仍取决于本地语音网络的开放程度。值得注意的是，中国运营商对于境外电话，尤其是这种**“零响铃”未接来电**也有防范措施，中国电信和联通用户就被建议如需接收海外来电验证，应联系客服确保未拦截海外来电hqsmartcloud.com。因此，即便WhatsApp支持闪呼，中国用户若未开启移动语音漫游或运营商许可，仍然难以通过此途径完成验证。

与SIM Swap安全性的关系： 从安全角度看，闪呼并未实质提升抵御SIM交换攻击的能力。如果攻击者成功将受害者的号码转移至自己的SIM卡上（获取新IMSI），那么无论验证码以短信还是闪呼方式发送，都会到达攻击者设备。闪呼机制能防御的是部分恶意拦截短信的行为（如恶意网关或木马读取短信），但对社工换卡没有太大帮助。WhatsApp早已提供两步验证（即设置6位PIN码）供用户自行启用，以防号码被他人重新注册时需要额外密码。然而大量用户未开启该功能。因此，闪呼更多是从用户体验和成本出发的改良，而非针对高级别攻击的防护机制。正如前文所述，真正要防御SIM Swap和SS7漏洞等系统性风险，依赖运营商的号码验证本身就是薄弱环节，需要引入更高级的身份认证手段。

SIM卡交换攻击的风险与运营商信任问题

WhatsApp和Telegram一类基于手机号认证的应用普遍面临一个安全挑战：手机号码本身并非绝对安全的身份凭证。攻击者可以通过一系列手段取得用户的号码控制权，其中SIM交换（SIM Swap）是近年高发的欺诈手法。SIM Swap通常由不法分子冒充用户，诱骗或贿赂运营商客服将目标号码的服务转移到攻击者的新SIM卡上keepnetlabs.com。一旦成功，所有发往该号码的短信和电话都转由攻击者接收，原机主的SIM卡失效。对于依赖短信/电话验证的应用来说，这意味着攻击者可以轻易获取验证码，从而重置账户并登录。近年来全球SIM Swap案件呈上升趋势，许多在线服务的账号被此攻破rte.ie。

WhatsApp并非未知晓此风险。事实上，WhatsApp在其帮助中心和安全博客中多次提醒用户开启两步验证PIN，并强调绝不向他人透露短信验证码。然而，从系统设计上讲，WhatsApp仍将信任根基放在运营商发送到用户手机的那串数字验证码上。一旦运营商端的安全被绕过（无论是内部员工作恶、社工欺诈，还是SS7网络被黑客利用securityaffairs.com），WhatsApp本身无法辨别验证码接收者是否是真正的用户。正如安全研究所Positive Technologies指出的那样，目前主要的即时通讯服务（包括WhatsApp和Telegram）依赖SMS作为主要验证机制，这使得黑客能够通过攻击电信信令网络来接管用户账户securityaffairs.com。换言之，WhatsApp被迫信任每一个参与短信/电话路由的运营商，但这个信任链条上任何薄弱环节都可能遭到利用securityaffairs.com。例如，在SIM Swap攻击中，运营商本身成为被欺骗的对象；而在SS7定位拦截攻击中，全球互联的电信网成为攻击面。在中国的场景下，虽然主要威胁来自审查而非黑客，但本质上仍是WhatsApp无法完全掌控电信网络这一事实所导致的问题。

应对这些风险，WhatsApp和Telegram等采用了一些弥补措施。除了提供用户自行设定的二次密码，两者也开始探索设备多因子的概念（如后文Telegram部分所述，利用已有登录设备确认新登录）。然而，对绝大多数首次注册或更换设备的用户来说，传统的短信/电话验证仍是唯一途径。这就是为什么在高安全需求的行业中，SMS OTP正逐渐被视为不充分securityaffairs.com。监管机构和安全专家建议对涉敏感操作采用更强验证，如专用身份应用、硬件令牌或生物识别等。WhatsApp作为大众通信工具，目前平衡了易用性与安全性，但其依赖电信运营商的验证模式在像中国这样特殊的环境下，既遇到政策阻碍，也隐藏安全短板。这一点对于决策制定者评估国外通信应用在华风险时，是一个重要考量：任何全球运营商合作机制，在中国境内都可能因为**“最后一公里”由中国运营商执行**而受到影响。无论是被拦截信息还是可能的监控窃听，这些风险都源自于底层通信网的控制权不在应用服务商手中。

Telegram登录机制的比较

作为对比，Telegram的账号登录机制与WhatsApp类似，也以手机号码为主要身份标识，但在具体实现上有一些不同之处。

多设备登录与云端代码： Telegram从设计上支持多设备同时在线（手机、平板、PC等），并将聊天内容储存在云端。这带来的一个直接好处是：当用户在新设备上登录时，Telegram会优先通过已登录的其他设备发送登录验证码。例如，用户尝试在电脑上登录Telegram，Telegram会在用户手机上的Telegram应用里推送一条消息包含登录码，而不是立即发短信accountboy.comaccountboy.com。用户只需在新设备输入从老设备上收到的代码即可完成登录。这种机制确保了只要用户至少有一个设备在线，就几乎不需要依赖运营商短信。当然，如果用户当前只有一部新设备（例如换了手机且旧设备不上线），Telegram才会退而求其次，通过SMS发送验证码到手机号。同时，Telegram也允许用户选择语音电话获取验证码，类似于WhatsApp的语音验证。当用户完全无法收到SMS时（比如在中国这种场景），语音呼叫常常比短信更可靠seatuo.com。

两步验证密码： 与WhatsApp一样，Telegram提供可选的两步验证密码。当启用此功能后，即使拿到短信验证码，仍需输入用户设置的密码才能登录账户quora.com。这对抗SIM Swap等攻击提供了另一层防线。不过需要指出，如果用户忘记了设置的Telegram密码且没有设置信任邮箱，可能会永久失去账号访问，因此开启该功能在中国用户中接受度一般。

登录体验与安全性的取舍： Telegram的登录流程在用户体验上更加灵活。多设备下无需每次都收验证码，提高了便利性。但从安全角度看，这种“信任已有设备”的做法也有隐患：如果用户的某个设备落入他人之手并未及时登出，那么该人有可能利用该设备获取新的登录验证码。因此Telegram会在应用中提供管理活动会话的功能，用户可随时查看和撤销其它设备的登录状态telegram.org。总体而言，Telegram和WhatsApp在初始注册环节同样依赖短信/电话，在这一点上，中国的网络环境对两者影响相似：Telegram在中国同样被全面封锁，需要VPN才能使用，其短信验证码发送也会受到运营商限制。另外，Telegram曾在2015年因恐怖分子利用该平台传递信息而被中国当局重点关注并屏蔽，因此其国内可达性甚至比WhatsApp更低。许多中国用户实际使用Telegram时，通常绑定国外号码或通过海外SIM卡来收取验证码，以绕开国内运营商的限制。

差异总结： 简而言之，Telegram在登录验证机制上的主要优势在于已有会话协助和云端同步。这使得老用户换设备时不依赖国内短信通道即可登录（前提是原设备已登录并可访问）。WhatsApp直到最近才推出多设备功能，但其多设备模式采用的是端到端加密设备链路，需要主手机扫码授权，而非像Telegram那样用账号密码登录其它设备。因此WhatsApp仍然强绑定SIM卡设备，首次注册和更换手机号时逃不开运营商环节。安全方面，两者的SMS验证所面临的系统性风险（如SS7攻击、SIM Swap）并无本质区别，都必须仰仗运营商加强对核心网络的保护，以及用户自身启用附加验证措施securityaffairs.comkeepnetlabs.com。

结论

对于希望在中国使用WhatsApp的用户来说，“开启蜂窝数据”这一要求背后体现的是技术与政策交织的复杂现实。一方面，蜂窝数据承载着WhatsApp与其全球服务器通信的关键信道，在中国的受限网络中提供了相对可靠的出路faq.whatsapp.comsohu.com。另一方面，WhatsApp的号码验证机制深深植根于传统电信体系，必须经由全球运营商的“协作”才能完成用户身份确认securityaffairs.com。而在中国，这种协作受到防火长城和运营商政策的双重阻碍：国际短信被拦截、国际数据被阻断。为克服这些障碍，WhatsApp既采取了工程上的应对（如检测强制Wi-Fi并提示使用移动网络faq.whatsapp.com），也引入了诸如闪呼验证等新方案以减少对短信的依赖fossbytes.com。但从根本上说，只要注册流程离不开手机号码，这种与电信运营商的捆绑关系就无法割舍。由此带来的安全问题（如SIM Swap和信令网络漏洞）在全球范围内敲响警钟securityaffairs.comkeepnetlabs.com。

对于从事安全研究和政策评估的人士，这篇分析揭示了WhatsApp在中国遇到的典型困境：技术系统的全球化与监管环境的本地化冲突。WhatsApp全球统一的验证框架在中国水土不服，不得不通过额外的设置和手段来“曲线救国”。这既包括让用户切换网络、配置VPN等绕过审查，也包括思考未来是否有必要采用更安全独立的验证方式。相比之下，Telegram的机制给出了一种启示：灵活运用多设备和云服务，至少在一定程度上降低对单一短信渠道的依赖。然而，Telegram自身在中国的处境表明，再优雅的技术方案也难以直接对抗高强度的网络封锁。最终，无论是WhatsApp还是Telegram，要想在受限环境下可靠运作，都需要技术与政策的双管齐下：一方面提高验证与登录的安全性和多样性，另一方面寻求运营商和监管层面的理解与配合。

综上所述，WhatsApp要求中国用户开启蜂窝数据并非偶然的臆想，而是其全球运营商合作验证机制在中国受阻后的务实选择。这一要求折射出移动通信应用在跨境运营中面临的挑战，也提醒我们在设计安全策略时必须考虑底层依赖的信任假设。对于个人用户，最实际的建议是在使用此类应用时提前了解并遵循这些特殊设置（如开通国际短信、启用数据漫游），并善用应用自身的安全功能（如两步验证）来保护账户免遭社工和网络攻击keepnetlabs.com。对于监管和运营商，则有必要权衡安全审查与用户便利之间的平衡，在可控范围内为可信的全球服务留出技术通道。在全球通信愈加融合的时代，WhatsApp的中国验证问题或许只是一个缩影，背后涉及的既有网络安全考量，也有数字主权与国际合作的议题，值得持续深入研究和关注。

faq.whatsapp.comfossbytes.comtheguardian.comsecurityaffairs.comsecurityaffairs.comkeepnetlabs.comdatascientest.comnetmanias.comsohu.comsohu.com

@ 3b70689a:c1e351eb

来自西班牙的公司 Liberux 最近推出了他们的新手机 Liberux NEXX 众筹计划. 根据目前主页上的介绍, 这款设备将会搭载基于 Debian 13 ARM 构建的 LiberuxOS 操作系统, 并且还提供一个受限的(jailed)的 Android 子系统.

• Liberux (@Liberux@mastodon.social) - Mastodon

Liberux 的 Fediverse 主页

• TX4RLY (@BUF0@mastodon.social) - Mastodon

Liberux 硬件开发工程师 Carlos Rodríguez 的 Fediverse 主页

Carlos Rodríguez 说, 目前网站上的 NEXX 是最初版本, 目前仍然在努力制造第一台原型机, 并且所有的硬件和软件设计都将免费(公开).

WOW, I think our little secret has been revealed, we hope that in a short time you will be able to see the first functional prototypes. We are working very hard on it, by the way, all our designs, both hardware and software, will be free. At the moment the web is a first version, some things will be modified.

—— TX4RLY: "@linmob @awai WOW, I think ou…" - Mastodon

硬件参数

• CPU: 瑞芯微 RK3588s (八核心, 8nm, 2.4Ghz, 2022Q1)

• GPU: ARM Mali-G610 (4 核心, 2021Q2)

• 存储: 32GB LPDDR4x RAM, 256GB eMMC ROM
• 电池: 5300mAh (可拆卸)
• 接口: 3.5mm 耳机 * 1, USB-C 3.1 * 2
• 扩展: microSD 插槽 (2TB Max)
• 屏幕: 6.34 吋, OLED, 2400*1080
• 相机: 后置 32MP, 前置 13MP
• 通讯: 高通骁龙 X62 基带 (2021Q1), 海华 AW-CM256SM 无线网卡 (Wi-Fi 5, 蓝牙 5.0)
• 传感器: 昇佳 STK3311-X 环境光传感器, 美新 MMC3630KJ 三轴磁传感器, 应美盛 ICM-42670-P 加速度计/陀螺仪
• 其他: 内置 DAC 和功放芯片 (瑞昱 ALC5640-VB-CG, 艾为 AW8737SCSR)

其他特点

设备目前公布的外观设计均是渲染效果, 最终交付的设备很可能会与这些渲染图片有很大出入. 但仍然可以通过这些效果图理解 Liberux 的最初意图.

• 摄像头 & 麦克风, 蓝牙 & WLAN, 数据网络功能模块的物理开关(位于顶部).

• 后置指纹解锁, 无摄像模组凸起.

• 左上角挖孔前置摄像头.

• 电源键位于侧边右下角.

其他报道

• Liberux Nexx: New Linux smartphone with 32GB RAM, 2TB storage, 5G and more - NotebookCheck.net News
• Смартфон Liberux Nexx получил ОС Linux и поддержку 2 ТБ памяти - 4PDA (讨论)
• Smartfon z Linuksem? Oto Liberux NEXX. Ekran OLED, 32 GB RAM i system oparty na Debianie. Ciekawy model, choć nie bez wad | PurePC.pl (讨论)
• LINux on MOBile: "The Liberux Nexx (https://libe…" - Fosstodon (Fediverse, 讨论, 工程师回复)

@ c9badfea:610f861a

1. Install Rethink (it's free and open source)
2. Launch the app and tap Skip
3. Tap Start and then Proceed to set up the VPN connection
4. Allow notifications and Proceed, then disable battery optimization for this app (you may need to set it to Unrestricted)
5. Navigate to Configure and tap Apps
6. On the top bar, tap 🛜 and 📶 to block all apps from connecting to the internet
7. Search Apps for the apps you want to allow and Bypass Universal
8. Return to the Configure view and tap DNS, then choose your preferred DNS provider (e.g. DNSCrypt > Quad9)
9. Optionally, tap On-Device Blocklists, then Disabled, Download Blocklists, and later Configure (you may need to enable the Use In-App Downloader option if the download is not working)
10. Return to the Configure view and tap Firewall, then Universal Firewall Rules and enable the options as desired:
    • Block all apps when device is locked
    • Block newly installed apps by default
    • Block when DNS is bypassed
11. Optionally, to set up WireGuard or Tor, return to the Configure view and tap Proxy
    • For Tor, tap Setup Orbot, then optionally select all the apps that should route through Tor (you must have Orbot installed)
    • For WireGuard, tap Setup WireGuard, then +, and select an option to import a WireGuard configuration (QR Code Scan, File Import, or Creation).
      • Use Simple Mode for a single WireGuard connection (all apps are routed through it).
      • Use Advanced Mode for multiple WireGuard connections (split tunnel, manually choosing apps to route through them)

⚠️ Use this app only if you know what you are doing, as misconfiguration can lead to missing notifications and other problems

ℹ️ On the main view, tap Logs to track all connections

ℹ️ You can also use a WireGuard connection (e.g., from your VPN provider) and on-device blocklists together

@ c9badfea:610f861a

1. Install Breezy Weather (it's free and open source)
2. Launch the app, tap Add A New Location and search for your city
3. Review the providers for each weather source
4. Optionally, add more locations by tapping the + icon
5. Enjoy the weather updates

ℹ️ To receive notifications for weather alerts, tap ⚙️, then Notifications and enable Notifications Of Severe Weather Alerts

@ e034d654:ca919814

I stumbled into nostr end of March 2023. At that point already fully thrown into the hows, whys and whats of Bitcoin, never really interested in social apps, just recently playing around with Lightning, the only experience of which at the time was Muun (😬) and stacker.news custodial wallet.

Fairly inexperienced with technicals other than rough understandings of concepts. A crappy laptop node with a dangling SSD via USB, constantly having to resync to current blockheights whenever I was ready to make an on chain transaction to cold storage. My great success after over two years of delay, and a couple failed attempts.

Something about the breadth of information for nitty gritty specifics, the clash with all the things that I found interesting about Bitcoin, with others equally as focused, kept me interested in Nostr. Plus the lighthearted shit posting to break up plumbing the depths of knowledge appealed to me.

Cut to now. Through the jurisdictional removals and even deaths of LN wallet projects, using mobile LSPs, finding use cases with the numerous cashu implementations, moderate comfortability with NWC strings of various permissions, budgets for seemingly endless apps of Nostr clients, swapping relays, isolated wallets with Alby go for my wife and cousin (I told them both not to put much on there as I'm sure failure is imminent) Alby Hub and Zeus, now fully backended by my own persistently online lightning node. All of it adding to the fluidity of my movement around the protocol.

Nimble.

Gradual progress. Reading through notes and guides posted on Nostr learning little bits, circling back eventually, if even at a time it wasn't clicking for me. Either way. Glad i've stuck to it even if I still barely know what it is I'm doing.

@ c9badfea:610f861a

1. Install Obtainium (it's free and open source)
2. Launch the app and allow notifications
3. Open your browser, navigate to the GitHub page of the app you want to install, and copy the URL (e.g. https://github.com/revanced/revanced-manager for ReVanced)
4. Launch Obtainium, navigate to Add App, paste the URL into App Source URL, and tap Add
5. Wait for the loading process to finish
6. You can now tap Install to install the application
7. Enable Allow From This Source and return to Obtainium
8. Proceed with the installation by tapping Install

ℹ️ Besides GitHub, Obtainium can install from additional sources

ℹ️ You can also explore Complex Obtainium Apps for more options

@ 04c915da:3dfbecc9

Bitcoin has always been rooted in freedom and resistance to authority. I get that many of you are conflicted about the US Government stacking but by design we cannot stop anyone from using bitcoin. Many have asked me for my thoughts on the matter, so let’s rip it.

Concern

One of the most glaring issues with the strategic bitcoin reserve is its foundation, built on stolen bitcoin. For those of us who value private property this is an obvious betrayal of our core principles. Rather than proof of work, the bitcoin that seeds this reserve has been taken by force. The US Government should return the bitcoin stolen from Bitfinex and the Silk Road.

Using stolen bitcoin for the reserve creates a perverse incentive. If governments see bitcoin as a valuable asset, they will ramp up efforts to confiscate more bitcoin. The precedent is a major concern, and I stand strongly against it, but it should be also noted that governments were already seizing coin before the reserve so this is not really a change in policy.

Ideally all seized bitcoin should be burned, by law. This would align incentives properly and make it less likely for the government to actively increase coin seizures. Due to the truly scarce properties of bitcoin, all burned bitcoin helps existing holders through increased purchasing power regardless. This change would be unlikely but those of us in policy circles should push for it regardless. It would be best case scenario for American bitcoiners and would create a strong foundation for the next century of American leadership.

Optimism

The entire point of bitcoin is that we can spend or save it without permission. That said, it is a massive benefit to not have one of the strongest governments in human history actively trying to ruin our lives.

Since the beginning, bitcoiners have faced horrible regulatory trends. KYC, surveillance, and legal cases have made using bitcoin and building bitcoin businesses incredibly difficult. It is incredibly important to note that over the past year that trend has reversed for the first time in a decade. A strategic bitcoin reserve is a key driver of this shift. By holding bitcoin, the strongest government in the world has signaled that it is not just a fringe technology but rather truly valuable, legitimate, and worth stacking.

This alignment of incentives changes everything. The US Government stacking proves bitcoin’s worth. The resulting purchasing power appreciation helps all of us who are holding coin and as bitcoin succeeds our government receives direct benefit. A beautiful positive feedback loop.

Realism

We are trending in the right direction. A strategic bitcoin reserve is a sign that the state sees bitcoin as an asset worth embracing rather than destroying. That said, there is a lot of work left to be done. We cannot be lulled into complacency, the time to push forward is now, and we cannot take our foot off the gas. We have a seat at the table for the first time ever. Let's make it worth it.

We must protect the right to free usage of bitcoin and other digital technologies. Freedom in the digital age must be taken and defended, through both technical and political avenues. Multiple privacy focused developers are facing long jail sentences for building tools that protect our freedom. These cases are not just legal battles. They are attacks on the soul of bitcoin. We need to rally behind them, fight for their freedom, and ensure the ethos of bitcoin survives this new era of government interest. The strategic reserve is a step in the right direction, but it is up to us to hold the line and shape the future.

@ d57360cb:4fe7d935

Time sinks and energy wastage.

The topic I'd like to talk on is being worse at something you do when you think about it doing it. Not even overthinking about it, but just in general thinking about an action. Becoming aware and self-conscious seems to divide you. Almost like splitting your brain and body in two when they should be working as a unit. Why am I worse when I want to do better?

The issue of multitasking

Why does my game at any sport or activity take a fall when I begin to think endlessly about it? We can’t multitask; our brain thrives on focus, pure focus. Laser-like unwavering — that’s when the mind is at its best. The kind of focus you have when you are thoughtless, when there is no self present. When you and the activity are merged as one, you reach a state where there is no longer activity, and there is no longer the human participating in the activity. This has been known to be zen, the Tao, the way, Wu Wei, and the flow state. It seems to me when one thinks about an action and simultaneously performs the action, they are experiencing a split in attention.

Trust your natural creativity

An action done without thought is smooth, unfiltered, and untainted by mental precepts for how it should’ve been carried out. Our bodies are natural and know better than our brains. Even as I write this, my best sentences and writing come from when I’m simply not thinking about them. But why? Simply because you allow the genius of creativity to flow through unobstructed. When you analyze and overthink, you get in your own way; you misdirect your energy, you split your brain and body, and you get them out of alignment.

We are at our best when we do one thing at a time, fully attentive, yet should not be mistaken for thinking about being attentive one must be fully there, where there is no thought. There is no mental chatter or storytelling; all flows like a vicious, violent river. These are inherent gifts, spontaneous like nature. The birds don’t think to fly, the plants don’t think to sprout, yet they create the most jaw-dropping beauty. Why do you think you are above that?

Trust your nature; trust your gift. Allow patience to carry you through.

@ 04c915da:3dfbecc9

One of the most common criticisms leveled against nostr is the perceived lack of assurance when it comes to data storage. Critics argue that without a centralized authority guaranteeing that all data is preserved, important information will be lost. They also claim that running a relay will become prohibitively expensive. While there is truth to these concerns, they miss the mark. The genius of nostr lies in its flexibility, resilience, and the way it harnesses human incentives to ensure data availability in practice.

A nostr relay is simply a server that holds cryptographically verifiable signed data and makes it available to others. Relays are simple, flexible, open, and require no permission to run. Critics are right that operating a relay attempting to store all nostr data will be costly. What they miss is that most will not run all encompassing archive relays. Nostr does not rely on massive archive relays. Instead, anyone can run a relay and choose to store whatever subset of data they want. This keeps costs low and operations flexible, making relay operation accessible to all sorts of individuals and entities with varying use cases.

Critics are correct that there is no ironclad guarantee that every piece of data will always be available. Unlike bitcoin where data permanence is baked into the system at a steep cost, nostr does not promise that every random note or meme will be preserved forever. That said, in practice, any data perceived as valuable by someone will likely be stored and distributed by multiple entities. If something matters to someone, they will keep a signed copy.

Nostr is the Streisand Effect in protocol form. The Streisand effect is when an attempt to suppress information backfires, causing it to spread even further. With nostr, anyone can broadcast signed data, anyone can store it, and anyone can distribute it. Try to censor something important? Good luck. The moment it catches attention, it will be stored on relays across the globe, copied, and shared by those who find it worth keeping. Data deemed important will be replicated across servers by individuals acting in their own interest.

Nostr’s distributed nature ensures that the system does not rely on a single point of failure or a corporate overlord. Instead, it leans on the collective will of its users. The result is a network where costs stay manageable, participation is open to all, and valuable verifiable data is stored and distributed forever.

@ 87f5e1d9:e251d8f4

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# Why Choose Crypt Recver? 🤔

🔑 Expertise You Can Trust\ At Crypt Recver, we blend advanced technology with skilled engineers who have a solid track record in crypto recovery. Whether you’ve forgotten your passwords, lost your private keys, or encountered issues with damaged hardware wallets, our team is ready to assist.

⚡ Fast Recovery Process\ Time is crucial when recovering lost funds. Crypt Recver’s systems are designed for speed, enabling quick recoveries — allowing you to return to what matters most: trading and investing.

🎯 High Success Rate\ With a success rate exceeding 90%, our recovery team has aided numerous clients in regaining access to their lost assets. We grasp the complexities of cryptocurrency and are committed to providing effective solutions.

🛡️ Confidential & Secure\ Your privacy is paramount. All recovery sessions at Crypt Recver are encrypted and completely confidential. You can trust us with your information, knowing we uphold the highest security standards.

🔧 Advanced Recovery Tools\ We employ proprietary tools and techniques to tackle complex recovery scenarios, from retrieving corrupted wallets to restoring coins from invalid addresses. No matter the challenge, we have a solution.

# Our Recovery Services Include: 📈

• Bitcoin Recovery: Lost access to your Bitcoin wallet? We can assist in recovering lost wallets, private keys, and passphrases.
• Transaction Recovery: Mistaken transfers, lost passwords, or missing transaction records — let us help you reclaim your funds!
• Cold Wallet Restoration: Did your cold wallet fail? We specialize in safely extracting assets.
• Private Key Generation: Forgotten your private key? We can help you generate new keys linked to your funds without compromising security.

Don’t Let Lost Crypto Ruin Your Day! 🕒

With an estimated 3 to 3.4 million BTC lost forever, it’s essential to act quickly when facing access issues. Whether you’ve been affected by a dust attack or simply forgotten your key, Crypt Recver provides the support you need to reclaim your digital assets.

🚀 Start Your Recovery Now!\ Ready to retrieve your cryptocurrency? Don’t let uncertainty hold you back!\ 👉 Request Wallet Recovery Help Today!cryptrecver.com

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@ a296b972:e5a7a2e8

Man stelle sich vor, es droht Frieden auszubrechen. Wie stehen wir, die Deutschen, die Europäer denn dann da? Ja, wie die letzten Deppen, die ihr auch seid!

Wen wundert es, wenn nach erfolgreicher Friedensverhinderung durch Boris Johnson in 2022 und den durch den Westen zahlreichen überschrittenen Roten Linien Russland skeptisch ist?

Am russischen Misstrauen haben die hinter der Ukraine stehenden westlichen Staaten jahrelang erfolgreich gearbeitet.

„Besonderer Dank“ gilt hier vor allem der von allen Mitgliedern bedenkenlos hingenommenen NATO-Osterweiterung.

Die Aussage von Frau Merkel, man habe nie vorgehabt, das Minsk-Abkommen umzusetzen, stattdessen habe man gewollt, der Ukraine Zeit zu verschaffen, sich aufzurüsten, kann nur von jemandem, der weniger als eine Gehirnzelle hat, als vertrauensbildende Maßnahme bewertet werden.

Die immer wieder im Raum stehende Debatte um eine deutsche Lieferung von Kampf-Stieren, demnächst wohlmöglich unter Ausschluss der Öffentlichkeit (das könnte Teile der Bevölkerung verunsichern), ein weiteres Beispiel von friedenstüchtiger Diplomatie.

Wie schon beim klaglosen Hinnehmen der terroristischen Sprengung der Nordstream2 Pipelines, wozu Präsident Trump schon geäußert hat, dass es die Russen sicher nicht waren, wird auch brav von Deutschland hingenommen, dass von Wiesbaden aus, die Koordination der Raketenangriffe von der Ukraine auf Russland durch die USA, innerhalb der Task Force Dragon, gesteuert werden.

Die Verletzung des 2+4-Vertrages durch die Stationierung von Nicht-NATO-Truppen in Rostock, die an die Umbenennung eines Schokoriegels von Raider in Twixx erinnert.

Das strikte Einhalten der deutschen Maxime: „Von Deutschland soll nur noch Frieden ausgehen.“

Dazu die Lieferung von Raketen mit mittlerer Reichweite durch die Franzosen und Briten nach dem Motto: Ich habe nur das Messer auf den Tisch gelegt, zugestochen hat ein anderer.

All das trägt dazu bei, dass Russland vertrauensvoll nach europäischen Friedensvorschlägen geradezu lechzt. Unterstrichen werden diese übermenschlichen Anstrengungen durch ein weiteres, das bereit 17. Sanktionspaket. Dümmer geht’s nimmer.

Auch diplomatisch nicht zu überbietende Aussagen, wie „Russland wird immer unser Feind sein“, oder „Russland wird Deutschland in spätestens 5 Jahren angreifen“, oder „Deutschland muss wieder kriegstüchtig werden“, unterstreichen den unbedingten Willen, das sinnlose Sterben auf beiden Seiten schnellst möglich beenden zu wollen.

Außerhalb Deutschlands kann man nur zu der Überzeugung gelangen, dass es sich bei diesem Land um eine Freiluft-Irrenanstalt handeln muss. Und wer will schon mit geistig verwirrten Insassen über so ernste Themen wie Krieg und Frieden verhandeln, bei denen Verstand gebraucht wird.

Derartige Weltfremde ist nur mit Sarkasmus zu ertragen.

Bewundernswert der Langmut, den Russland bis heute an den Tag legt. Wäre die Situation umgekehrt, hätte der Westen schon lange dem „bösen“ Russen gezeigt, wo der US-Hammer hängt, und dass man so mit der sogenannten Wertegemeinschaft nicht umgehen kann.

Ja, der russische Einmarsch in die Ukraine war völkerrechtswidrig, genau so wie die US-amerikanischen „Besuche“ der USA in Vietnam, in Libyen und im Irak, auf sehr unschöne Weise. Wer hat nicht noch die Bilder vom Blitzgewitter der Bomben auf Bagdad im Gedächtnis. „Immer schön drauf, Stärke zeigen!“

Die zentrale Frage ist, wie man Deutschland „möglichst schonend“ beibringen kann, ohne, dass es einen größeren psychischen Staatsschaden davonträgt, dass es als Geisterfahrer auf der Friedensautobahn unterwegs ist.

Von russischer Seite sind nicht gerade die Vorstände der Kaninchenzüchter-Vereine nach Istanbul entsandt worden. Im Gegenteil, es handelt sich wohl eher um Personen, die bestens über das Kriegsgeschehen vor Ort Bescheid wissen.

Es darf nicht vergessen werden, dass es sich um einen Stellvertreterkrieg zwischen den von der Vorgängerregierung angezettelten USA und Russland, auf dem Rücken der Ukraine handelt.

In Istanbul haben sich zunächst die beiden Länder getroffen, deren Soldaten tatsächlich aufeinander schießen. Nicht die Strategen im Hintergrund. Und selbstverständlich beobachten die USA sehr wachsam, was vor sich geht und wie der Verlauf ist.

Es wäre fern der Realität, wenn im Hintergrund nicht weitere Fäden gesponnen würden, die der Öffentlichkeit zunächst vorenthalten werden. In diesem Fall kann das sogar von Vorteil sein, weil zu viele System-Journalisten den Brei mit dämlichen Kommentaren verderben könnten.

Zunächst soll zwischen den aktiv kämpfenden Parteien der Dialog wieder aufgenommen und eine Grundlage geschaffen werden, was schon ein großer Fortschritt ist, weil man sich seit 2022 überhaupt wieder erst einmal an einen gemeinsamen Tisch gesetzt hat und endlich wieder miteinander redet.

Wie immer im Krieg, wird auch hier strategisch vorgegangen und peinlichst darauf geachtet, dass alle Beteiligten möglichst weitgehend ihr Gesicht bewahren. Wer geglaubt hat, dass hier gleich Friedenstauben aufsteigen und alles mit einem Bruderkuss besiegelt wird, der ist wirklich ziemlich naiv.

Erst, wenn Sondierungsgespräche und Vorverhandlungen so weit gediehen sind, dass „nur“ noch eine Unterschrift fehlt, treten Putin und Trump als Friedensbringer auf die Bühne und besiegeln den „Deal“. Wie man jetzt an dem Vorführen Selenskyjs durch Putin gesehen hat, dient dieser nur noch als Spielball, der beim Ping-Pong um den Frieden hin- und hergeworfen wird. Trump hatte zuvor Selensky bei seinem Besuch im Weißen Haus ganz deutlich gesagt, dass er die Karten nicht in der Hand hat.

Jeder, der bei Verstand geblieben ist, wünscht sich endlich ein Ende dieses sinnlosen Sterbens, doch der Druck muss im Kessel langsam und kontrolliert abgelassen werden.

Entgegen der im Westen weitverbreiteten Propaganda-Lüge, der Konflikt in der Ukraine habe im Februar 2022 angefangen, hat sich die Situation über Jahre, mindestens mit der NATO-Osterweiterung aufgebaut. Da kann niemand erwarten, dass die Wiederherstellung eines Gleichgewichts jetzt in kürzester Zeit erreicht werden kann.

Urheber dieser Tragödie ist die NATO, die Russland immer mehr auf die Pelle gerückt ist. Hätte sie sich seinerzeit, wie der Warschauer Pakt, aufgrund der veränderten Kräfteverhältnisse ebenfalls aufgelöst, würden heute rund 1 Million Männer auf beiden Seiten sehr wahrscheinlich noch leben. Es wäre zu wünschen, dass nach dem exemplarischen Desaster in der Ukraine neue Überlegungen angestrengt werden würden, ob nicht die NATO, als Relikt aus alten Zeiten und aus Missachtung ihres Gründungsgedanken, ein Verteidigungsbündnis sein zu wollen, von der Zeit eingeholt wurde und ihrer Auflösung entgegensehen muss.

Dieser Artikel wurde mit dem Pareto-Client geschrieben

* *

(Bild von pixabay)

@ c9badfea:610f861a

1. Install KeePassDX (it's free and open source)
2. Launch the app, tap Create New Vault, and choose a location to store the database file
3. Activate the Password slider
4. Type a Password and Confirm Password, then tap OK
5. Tap + and Add Entry to add your first credentials
6. Enter a Title, Username, and Password (you can also generate a password here)
7. Tap ✓ at the bottom to create the entry
8. Tap ⋮ and then Save Data to save the database
9. Tap 🔒 to lock the database

⚠️ Make sure you use strong, high-entropy passphrases

⚠️ Back up the database file to a secure location (e.g. encrypted USB drive)

ℹ️ The database file (.kdbx) can also be opened with various KeePass ports

@ c54f9c60:7c34249a

In October 2018, Arjun Balaji asked the innocuous question, What have you learned from Bitcoin? After trying to answer this question in a short tweet, and failing miserably, I realized that the things I've learned are far too numerous to answer quickly, if at all.

The things I've learned are, obviously, about Bitcoin - or at least related to it. However, while some of the inner workings of Bitcoin are explained, the following lessons are not an explanation of how Bitcoin works or what it is, they might, however, help to explore some of the things Bitcoin touches: philosophical questions, economic realities, and technological innovations.

The 21 lessons are structured in bundles of seven, resulting in three chapters. Each chapter looks at Bitcoin through a different lens, extracting what lessons can be learned by inspecting this strange network from a different angle.

Chapter 1 explores the philosophical teachings of Bitcoin. The interplay of immutability and change, the concept of true scarcity, Bitcoin's immaculate conception, the problem of identity, the contradiction of replication and locality, the power of free speech, and the limits of knowledge.

Chapter 2 explores the economic teachings of Bitcoin. Lessons about financial ignorance, inflation, value, money and the history of money, fractional reserve banking, and how Bitcoin is re-introducing sound money in a sly, roundabout way.

Chapter 3 explores some of the lessons learned by examining the technology of Bitcoin. Why there is strength in numbers, reflections on trust, why telling time takes work, how moving slowly and not breaking things is a feature and not a bug, what Bitcoin's creation can tell us about privacy, why cypherpunks write code (and not laws), and what metaphors might be useful to explore Bitcoin's future.

Each lesson contains several quotes and links throughout the text. If I have explored an idea in more detail, you can find links to my related works in the "Through the Looking-Glass" section. If you like to go deeper, links to the most relevant material are listed in the "Down the Rabbit Hole" section. Both can be found at the end of each lesson.

Even though some prior knowledge about Bitcoin is beneficial, I hope that these lessons can be digested by any curious reader. While some relate to each other, each lesson should be able to stand on its own and can be read independently. I did my best to shy away from technical jargon, even though some domain-specific vocabulary is unavoidable.

I hope that my writing serves as inspiration for others to dig beneath the surface and examine some of the deeper questions Bitcoin raises. My own inspiration came from a multitude of authors and content creators to all of whom I am eternally grateful.

Last but not least: my goal in writing this is not to convince you of anything. My goal is to make you think, and show you that there is way more to Bitcoin than meets the eye. I can’t even tell you what Bitcoin is or what Bitcoin will teach you. You will have to find that out for yourself.

"After this, there is no turning back. You take the blue pill —the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill— you stay in Wonderland, and I show you how deep the rabbit hole goes."

—Morpheus

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
• This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."

"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."

What's new

• Dave Nostr AI assistant app.
• GIFs.
• Fulltext note search.
• Add full screen images, add zoom, and pan.
• Zaps! NWC/ Wallet UI.
• Introduce last note per pubkey feed (experimental).
• Allow multiple media uploads per selection.
• Major Android improvements (still WIP).
• Added notedeck app sidebar.
• User Tagging.
• Note truncation.
• Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
• Mute list support (reading).
• Relay list support.
• Ctrl-enter to send notes.
• Added relay indexing (relay columns soon).
• Click hashtags to open hashtag timeline.
• Fixed timelines sometimes not updating (stale feeds).
• Fixed UI bounciness when loading profile pictures
• Fixed unselectable post replies.

Announcement / Archive
GitHub Repo
Website

@ c9badfea:610f861a

1. Install Lemuroid (it's free and open source)
2. Launch the app, enable notifications, and select a directory for your games (e.g. /Download/ROMs)
3. Download game ROMs and place them in the folder from the previous step (see links below)
4. Open Lemuroid again, navigate to the Home tab, and tap the downloaded game
5. Enjoy!

Some ROM Sources

• WowRoms
• Retrospot

ℹ️ An internet connection is only required when opening a game for the first time to download the emulator core per system (e.g. Gameboy or PS2)

ℹ️ Supported ROM file formats include .nes, .gba, .sfc, .gb, .iso, .bin, and .zip

ℹ️ You may need to extract downloaded ROM files if they are packaged as archives (e.g. .7z, .rar, or .zip)

@ 5df413d4:2add4f5b

https://i.nostr.build/Ur1Je684aSgYCRn3.jpg

You Are Not A Gadget by Jaron Lanier

Reading Jaron Lanier’s 2010 You Are Not A Gadget in 2023 is an interesting experience—equal parts withering, prophetic, and heretical clarion call warning from a high priest of the Technocracy and rambling, musing, cognitive jam session from a technofied musician-philosopher.

Yet, in ways that I think the author would be simultaneously pleased, amused, saddened, and disturbed by, the 13 yeas since the book’s publishing have, in places, proven him right with stunning foresight and precision, and in others, made his ideas appear laughable, bizarre, even naive. The book is written in five parts, yet I would suggest viewing it as two discrete elements—Part One (around the first half of the book) and…everything else.

For context, Lanier, is a computer scientist and early technologist from the area of Jobs, Wozniak, and Gates, and is considered to be a founding father of virtual reality. He is also a consummate contrarian, a player of rare and obscure musical instruments, a deep interdisciplinary thinker…and a white man with dreadlocks named Jaron.

PART ONE

Part One of the book “What is a Person?” reads like a scathing and clear-eye manifesto—where Lanier is batting 1000, merciless in his rightness. Were one to pull a passage that speaks to the soul of this portion of the book, it might be the following: “The net does not design itself. We design it.”

Lanier terms the prevailing technocratic ideology—the particular winning tech-nerd subculture that has now come to capture our society—as “the cybernetic totalist” or “digital Maoists.” Essentially a materialist and stealth collectivist movement in new-age technocratic dress, that through its successes, and now excesses, represents much the same of religion that it’s founders would have claimed to be “evolving past.”

Lanier points out that in this, we are simply trading the pursuit of finding God in spirituality or the afterlife, for a notion of digital immortality—seeking, or, if possible, becoming, God in the cloud. He aptly identifies that this worldview requires that society, and all human interactions really, be savagely bent into adherence to this new religion of aggregation that demands deification of data, gross diminishment of the individual, and belief in some objective (but never defined) "meaning" that exists beyond and apart from the human observer.

With skill and simple wit, he raises strong, rational counterpoint to the digital Maoists’ obsession with quantity, data in aggregate and at-scale, as society's prime directive “A fashionable idea in technical circles is that quantity […] turns into quality at some extreme scale […] I disagree. A trope in the early days or computer science comes to mind: garbage in, garbage out.”

Lanier is able to envision the digital cages that likes of Facebook, Youtube, social-media dating apps would become for the internet native generations. Of whom he writes “The most effective young Facebook users […] are the ones who create successful online fictions about themselves,” and “If you start out by being fake, you’ll eventually have to put in twice the effort to undo the illusion if anything good is to come of it.”

Lanier’s 2010 criticism of Wikipedia-ism is now double or triply apropos in our current hype cycle of “AI magic” and Everything-GPT, “Wikipedia, for instance, works on what I can the Oracle Illusion, in which knowledge of human authorship of a text is suppressed in order to give the text superhuman validity. Traditional holy books work in precisely the same way and present many of the same problems.” This same deep truth now sits at the heart of every “new” creation churned out by the flavor-of-the-week, plagiarism-at-scale, generative AI tool.

More darkly, he is also able to foresee the spectre of a return to collectivism lurking both at the core and on the margins of our new digital age—“The recipe that led to social catastrophe in the past was economic humiliation combined with collectivist ideology. We already have the ideology in its new digital packaging, and it’s entirely possible we could face dangerously traumatic economic shock in the coming decades.”—“No Shit” said everyone who lived through 2020-2022…

This brings us, eerily, to the world of today. Where aggregate insights are upheld as more valuable than discrete insights. Where crowds are are assumed to have more wisdom than individuals. Where truth is twisted into a might-is-right numbers game. A world ruled by the idea that if we can just centralize enough information and sufficiently pulverize authorship, the result will, necessarily, be something super-intelligent, "alive," and perhaps even divine.

In short, the cybernetic totalists and digital Maoists, having killed reason, now sit on its corpse like a thrown, smearing its blood on the walls in the name of art and reading its still-steaming entrails for prophecy.

If I were to infer some ideological takeaway from Part One of the book, it might be that Lanier seems to axiomatically reject any affirmative implication of the Turing Test. Simply put, he believes that bits are not and cannot ever be alive independent of the human-as-oracle. Further, there is no objective meaning beyond the human observer—in fact, that observer fundamentally creates any meaning there is to be had. This is best illustrated by one of the most powerful passages in the book:

“But the Turing Test cuts both ways. You can’t tell if a machine has gotten smarter or if you’ve just lowered your own standard of intelligence to such a degree that the machine seems smart. If you can have a conversation with a simulated person presented by an AI program, can you tell how far you’ve let your sense of personhood degrade in order to make the illusion work for you?”

Ponder this well, Anon.

EVERYTHING ELSE

With all of the great stuff above out of the way, we must turn to…the rest of the book. Parts Two through Five breakdown into something more like a stream of consciousness. And while there are certainly many nuggets to insight and beauty to be found, the book becomes largely dis-coherent and very difficult to read. That said, the remainder of the book does contain three particularly compelling threads that I find to be worth pulling on.

Internet Attribution First, are Lanier’s musing about money and attribution in our authorless “information wants to be free” world. He laments the infinite elevation of advertising and offers harsh critique to the concept of attention as the new currency—as this tends to overwhelmingly reward the aggregator and a piddling few soulless super-influencers at the expense of all other users and creators.

Interestingly, under the guise of “what could have been” he imagines a world where attribution is tracked across the web (though how this achieved is left unanswered) and royalty payments can flow back to the author seamlessly over the internet. I find his vision to be intriguing because in 2010, we lacked the technology to either track attribution across the web or facilitate seamless micropayment royalties based on access / usage.

While we still don't have the ability to achieve the type of fully-tracked, always-on attribution Lanier imagines, we do now have the ability to stream payments across the internet with bitcoin and the lightning network. While Lanier can be excused for not mentioning the then uber-nascent bitcoin in 2010, bitcoin’s development since only goes to underscore the prescience of Lanier’s imagination.

The bigger question that now remains, especially in the face of the advent of “AI,” is whether such a system to manage and therefore enforce attribution globally on the internet would even be a good thing. Where obscured attribution enables mashed-up plagiarism-at-scale, centrally enforced attribution can just as easily enable idea, content, discovery, and innovation suppression-at-scale.

Music in the New Age Second, much of the book, particularly in the second half, is filtered through the lens and language of music. Music is essential to Lanier’s inner life and it is clear that he views music as an emergent mystery force attributable to something unknowable, if not divine, and entirely unique to the human experience.

He bemoans the music of the 2000s as lacking in any distinct chronological era sound—everything is either a rehashed mashup or digitally lofi-ed emulation of sounds from previous begone eras—it is music that is impossible to place. To him, it is as though musical evolution stopped right around the time of the advent of the internet…and then folded back in on itself, creating an endless kaleidoscoping of what came before but rarely, if ever, the creation anything truly new.

In response, Lanier goes so far as to imagine the ridiculous (my take, not his) world of “Songles”—songs on dongles—essentially physical music NFTs. In Songleland, listening to the hottest tracks at a party hinges on the guy or gal with the dankest songles swinging through and plugging them into the Songle player. And songles, being scarce, even become speculative investments. On this, Lanier manages to be both right and wrong in only the most spectacularly absurd of ways.

But what Lanier really laments is the passing of popular music as a shared cultural experience at national or even global scale. During Lanier’s coming of age through the 1960-80s—with only a few consolidated channels for music distribution, it was truly impossible to escape the sounds and influence of the Beatles or Prince or Micheal Jackson—everyone heard it and even the deaf still felt it.

In the end, Lanier could image Songles but he couldn’t envision what Spotify would become—a conduit to shatter music distribution into a myriad of tiny longtails—providing infinitely fragmented and individually fine-tuned music experiences rather than large and cohesive cultural moments. However, even in this miss, Lanier is largely able to project what Spotify-ed music would resolve to—music designed as much or more to please the self-referential selection algorithm than any real, human listeners. A dangerously foretelling insight that goes well beyond music as AI tools are posed to become the "googling" of the next technological cycle—what happens to information, to human thought, when the majority of "generative AI" outputs are just the machine referencing itself?

Digital Neoteny The final thread to pull is that of "digital neoteny," the retention of juvenile behaviors in adult form, in this case, a neoteny of the mind if you will. Lanier sees the internet as specifically primed to propagate three kinds of neoteny in digital-native humans— a blissful and curious Bachelardian neoteny (as in Gaston Bachelard’s Poetics of Reverie); a cruel and mob-like Goldingesque neoteny (as in William Golding’s Lord of the Flies); and a general and deeply pervasive, infantile neoteny.

Neoteny of the Bachelardian variety, which Lanier likens to “the sense of wonder and weirdness that a teen can find in the unfolding world,” is what he feels the internet has provided in a few brief and magical moments generally aligned with the “early days” of successive internet technologies, movements, and companies—through this generally degrades into Goldingesque neoteny as novelty gives way to ossification.

Lanier’s missives on Bachelardian neoteny feel especially pertinent to the present state of Nostr (where I am publishing this writing). Nostr is in a moment where winner-take all dynamics and corporatization have yet to take hold. Child-like revelry abounds with each new discovery or novel Nostr client development so much so that the likes of Jack Dorsey compare it to the excitement of the early internet.

But with time, if and as the Nostr protocol wins, to what extent will technical lock-in take hold here? To what extent will calcification of seemingly trivial or even comical decisions being made by client devs today have dramatic implications on the feasibility of other development in the future? And will we early Nostr users, at some point put down welcoming inclusivesness for insular tribalism—and in what ways might we be doing this already?

Finally, to the third kind of neoteny, Infantile neoteny—which perhaps incapsulates the internet even more so than either of the other two types—Lanier sees the net driving an evermore prolonged deferral of maturity, resulting ultimately in some centrally-managed permanent arresting of society in a stupefied and juvenile mental state:

“Some of the greatest speculative investments in human history continue to converge on Silicon Valley schemes that seemed to have been named by Dr. Seuss. On any given day, one might hear of tens or hundreds of millions of dollars flowing to a start-up company named Ublibudly or MeTickly. These are names I just made up, but they would make great venture capital bait if they existed. At these companies one finds rooms full of MIT PhD engineers not seeking cancer cures or sources of safe drinking water for the underdeveloped world but schemes to send little digital pictures of teddy bears and dragons between adult members of social networks. At the end of the road of the pursuit of technological sophistication appears to lie a playhouse in which humankind regresses to nursery school.”

The popular culture of the early 2020s—with it’s NFT Monke JPEGs, silent and masked TikTok dancing in the drab aisles of crumbling department stores, and rampant peer-pressured social-media virtue-signaling and paternalism—could scarcely be described in any more stark and specific detail. That such could be seen so vividly in 2010 is as masterful as it is dishearteningly dark.

CONCLUSION

You Are Not A Gadget is a special thing, a strange beast—as lucid in its first half as it is jumbled, meandering, and even nonsensical in its second half. And while the discerning reader might judge the book harshly for these structural failings, I doubt the author would care, he might even welcome it. Lanier’s apparent purpose in writing is to share his mind rather than please the reader in any particular regard. The sufficiently curious reader, one who is willing to engage with the book’s content, for whatever the book’s faults may be, finds a king’s randoms of wisdom, insight, and uncanny foresight.

In closing, it seems fitting to recall one of Lanier’s earliest warnings in the book, “Maybe if people pretend they are not conscious or do not have free will […] then perhaps we have the power to make it so. We might be able to collectively achieve antimagic.” 13 years on, this feels more pressing and urgent and true than ever. (Rating: 4/5🐙)

~Moon

Buy the Book: You Are Not A Gadget

@ ae6ce958:d0f02c7d

In a world increasingly reliant on software, ensuring its reliability, fairness, and ethical operation has never been more critical. Enter DamageBDD, a visionary platform combining Behavior-Driven Development (BDD) principles with the Bitcoin Lightning Network to create an inclusive, sustainable ecosystem that rewards contributors for enhancing global software quality. DamageBDD offers a groundbreaking solution: a decentralized, incentivized network where contributors can earn continuous rewards for their efforts, fostering collaboration, innovation, and resilience on a planetary scale.

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A Global Network of Inclusion

One of DamageBDD's core strengths lies in its accessibility. The platform lowers barriers to participation, enabling individuals from all walks of life to contribute to software quality assurance. Whether you're a seasoned developer, a student exploring programming, or an enthusiast with logical reasoning skills, DamageBDD offers a place for you to thrive.

• Inclusivity Across Borders: No matter where contributors are located, they can participate, write tests, and verify implementations, earning Bitcoin payouts directly via the Lightning Network. This opens doors for individuals in underserved regions, empowering them to earn a sustainable income by contributing to a global digital infrastructure.
• Democratizing Software Development: By simplifying the process of writing and validating BDD test cases, DamageBDD ensures that anyone, regardless of technical background, can play a vital role in the ecosystem.

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Sustainability Through Continuous Rewards

DamageBDD introduces a revolutionary incentive model where contributors earn not just for initial efforts but for the enduring utility of their work. Once a contributor writes and validates a test case or implements a feature, they can continue to earn payouts every time that test is executed successfully in the future. This model creates a self-sustaining loop of collaboration, innovation, and maintenance:

• Long-Term Incentives: Contributors remain financially motivated to keep their tests updated and ensure the associated feature works as expected. This continuous engagement ensures the software remains resilient, evolving to meet changing requirements.
• Encouraging Best Practices: By linking payouts to ongoing test executions, DamageBDD promotes robust test writing and feature development, reducing technical debt and encouraging sustainable software practices.

This approach not only aligns incentives with quality but also creates a virtuous cycle where contributors benefit from the long-term success of their work, ensuring a healthier, more collaborative software ecosystem.

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Empowering Contributors for a Sustainable Future

Participating in the DamageBDD network provides contributors with opportunities that extend beyond monetary rewards. It empowers individuals and communities by fostering education, skill development, and global collaboration.

• Economic Empowerment: By earning Bitcoin payouts for their contributions, participants gain access to a global, borderless financial system. This is particularly impactful for those in regions with limited economic opportunities or unstable fiat currencies.
• Skill Development: Contributors learn and refine valuable skills, from writing precise BDD test cases to collaborating on complex software projects. These skills are transferable, increasing contributors' employability and confidence.
• Community Collaboration: The DamageBDD network brings together a diverse group of individuals and teams, creating a vibrant global community focused on innovation and quality.

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A Self-Sustaining Software Ecosystem

At the heart of DamageBDD is a vision of a self-sustaining software ecosystem, where contributors, users, and developers are interconnected through mutual benefits:

• Decentralized Verification: Billions of test cases are verified daily on a distributed infrastructure, ensuring scalability and resilience.
• Dynamic Liquidity: The Bitcoin Lightning Network provides seamless micropayments, ensuring that contributors are rewarded in real time without delays or intermediaries.
• Adaptive Testing: DamageBDD's network detects gaps in coverage and autonomously generates new tests, keeping the ecosystem robust and up-to-date.
• Environmental Sustainability: By leveraging existing decentralized infrastructure and incentivizing efficient software development practices, DamageBDD minimizes waste and maximizes resource utilization.

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The Ripple Effect: Continuous Benefits for All

As the DamageBDD ecosystem grows, its benefits extend far beyond individual contributors. Organizations, communities, and even nations stand to gain:

• For Organizations: High-quality software reduces downtime, builds user trust, and accelerates innovation. Companies that integrate with DamageBDD can leverage its robust test coverage to deliver better products faster.
• For Communities: DamageBDD creates local economic opportunities by enabling individuals to participate in the global digital economy. Communities can build localized solutions while tapping into a global network of expertise.
• For the Planet: A robust, well-tested software ecosystem reduces inefficiencies and ensures that digital infrastructure remains resilient in the face of global challenges.

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A Vision for the Future

Imagine a world where billions of users collaborate daily to ensure the quality of the software we all rely on. In this vision, DamageBDD is the backbone of a planetary-scale ecosystem, verifying billions of tests and creating an ever-evolving foundation for innovation. Every test case is a building block, every contributor is a stakeholder, and every payout is a step toward a more equitable, sustainable, and inclusive digital future.

By aligning incentives with quality and participation, DamageBDD transforms software development into a collective endeavor that benefits everyone. It is more than a platform; it is a movement—one that empowers individuals, fosters collaboration, and builds a sustainable digital world for generations to come.

@ 2b24a1fa:17750f64

Wer sein eigenes Geld abheben möchte, macht sich heute – in Spanien - verdächtig. Wer dort eine größere Geldmenge des eigenen Vermögens abzuheben gedenkt, muss das von nun an Tage zuvor anmelden. Diese neue Regelung lässt sich auch nicht dadurch umgehen, dass man mehrere kleine Einzelbeiträge abhebt. Und die, die die neue Regelung missachten, werden empfindlich bestraft. So gerät jeder, der zu häufig Bares abhebt, in das Visier der Behörden.

https://soundcloud.com/radiomuenchen/barzahler-unter-generalverdacht-von-norbert-haring?

Was sich in Spanien an Bankautomaten und -schaltern eingeschlichen hat, könnte sich seinen Weg auch nach Deutschland bahnen. In Frankreich, so zeigt die persönliche Erfahrung, variiert die zu erzielende Geldmenge am Automaten unter noch ungeklärten Bedingungen von Tag zu Tag, von Konto zu Konto. Der Automat gibt vor, ob gerade beispielsweise 60, 200 oder 400 Euro abgehoben werden dürfen.

Hören Sie Norbert Härings Text zum spanischen Szenario der den Titel „Barzahler unter Generalverdacht“ trägt und zunächst auf seinem Blog erschienen war. norberthaering.de/news/spanien-bargeld/

Sprecher: Karsten Troyke

@ 2f29aa33:38ac6f13

The Myth and the Magic

Picture this: a group of investors, huddled around a glowing computer screen, nervously watching Bitcoin’s price. Suddenly, someone produces a stick-no ordinary stick, but a magical one. With a mischievous grin, they poke the Bitcoin. The price leaps upward. Cheers erupt. The legend of the Bitcoin stick is born.

But why does poking Bitcoin with a stick make the price go up? Why does it only work for a lucky few? And what does the data say about this mysterious phenomenon? Let’s dig in, laugh a little, and maybe learn the secret to market-moving magic.

The Statistical Side of Stick-Poking

Bitcoin’s Price: The Wild Ride

Bitcoin’s price is famous for its unpredictability. In the past year, it’s soared, dipped, and soared again, sometimes gaining more than 50% in just a few months. On a good day, billions of dollars flow through Bitcoin trades, and the price can jump thousands in a matter of hours. Clearly, something is making this happen-and it’s not just spreadsheets and financial news.

What Actually Moves the Price?

• Scarcity: Only 21 million Bitcoins will ever exist. When more people want in, the price jumps.

• Big News: Announcements, rumors, and meme-worthy moments can send the price flying.

• FOMO: When people see Bitcoin rising, they rush to buy, pushing it even higher.

• Liquidations: When traders betting against Bitcoin get squeezed, it triggers a chain reaction of buying.

But let’s be honest: none of this is as fun as poking Bitcoin with a stick.

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The Magical Stick: Not Your Average Twig

Why Not Every Stick Works

You can’t just grab any old branch and expect Bitcoin to dance. The magical stick is a rare artifact, forged in the fires of internet memes and blessed by the spirit of Satoshi. Only a chosen few possess it-and when they poke, the market listens.

Signs You Have the Magical Stick

• When you poke, Bitcoin’s price immediately jumps a few percent.

• Your stick glows with meme energy and possibly sparkles with digital dust.

• You have a knack for timing your poke right after a big event, like a halving or a celebrity tweet.

• Your stick is rumored to have been whittled from the original blockchain itself.

Why Most Sticks Fail

• No Meme Power: If your stick isn’t funny, Bitcoin ignores you.

• Bad Timing: Poking during a bear market just annoys the blockchain.

• Not Enough Hype: If the bitcoin community isn’t watching, your poke is just a poke.

• Lack of Magic: Some sticks are just sticks. Sad, but true.

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The Data: When the Stick Strikes

Let’s look at some numbers:

• In the last month, Bitcoin’s price jumped over 20% right after a flurry of memes and stick-poking jokes.

• Over the past year, every major price surge was accompanied by a wave of internet hype, stick memes, or wild speculation.

• In the past five years, Bitcoin’s biggest leaps always seemed to follow some kind of magical event-whether a halving, a viral tweet, or a mysterious poke.

Coincidence? Maybe. But the pattern is clear: the stick works-at least when it’s magical.

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The Role of Memes, Magic, and Mayhem

Bitcoin’s price is like a cat: unpredictable, easily startled, and sometimes it just wants to be left alone. But when the right meme pops up, or the right stick pokes at just the right time, the price can leap in ways that defy logic.

The bitcoin community knows this. That’s why, when Bitcoin’s stuck in a rut, you’ll see a flood of stick memes, GIFs, and magical thinking. Sometimes, it actually works.

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The Secret’s in the Stick (and the Laughs)

So, does poking Bitcoin with a stick really make the price go up? If your stick is magical-blessed by memes, timed perfectly, and watched by millions-absolutely. The statistics show that hype, humor, and a little bit of luck can move markets as much as any financial report.

Next time you see Bitcoin stalling, don’t just sit there. Grab your stick, channel your inner meme wizard, and give it a poke. Who knows? You might just be the next legend in the world of bitcoin magic.

And if your stick doesn’t work, don’t worry. Sometimes, the real magic is in the laughter along the way.

-aco

@block height: 897,104

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@ 975e4ad5:8d4847ce

Introduction

Bitcoin and torrents are two technologies that have reshaped how people share information and resources in the digital age. Both are built on decentralized principles and challenge traditional systems—torrents in the realm of file sharing, and Bitcoin in the world of finance. However, while torrents have seen a decline in popularity with the rise of streaming platforms like Netflix and HBO, many wonder whether Bitcoin will follow a similar trajectory or continue to grow as a widely adopted technology. This article explores the similarities between the two technologies, the resilience of torrents against attempts to shut them down, the reasons for their declining popularity, and why Bitcoin is likely to avoid a similar fate.

Similarities Between Torrents and Bitcoin

Torrents and Bitcoin share several key characteristics that make them unique and resilient:

1. Decentralization:\ Torrents rely on peer-to-peer (P2P) networks, where users share files directly with each other without depending on a central server. Similarly, Bitcoin operates on a blockchain—a decentralized network of nodes that maintain and validate transactions. This lack of a central authority makes both technologies difficult to control or shut down.

2. Censorship Resistance:\ Both systems are designed to withstand attempts at restriction. Torrents continue to function even when specific sites like The Pirate Bay are blocked, as the network relies on thousands of users worldwide. Bitcoin is also resistant to government bans, as transactions are processed by a global network of miners.

3. Anonymity and Pseudonymity:\ Torrents allow users to share files without revealing their identities, especially when using VPNs. Bitcoin, while pseudonymous (transactions are public but not directly tied to real-world identities), offers a similar level of privacy, attracting users seeking financial freedom.

4. Open Source:\ Both technologies are open-source, enabling developers to improve and adapt them. This fosters innovation and makes the systems more resilient to attacks.

Why Torrents Cannot Be Stopped

Torrents have persisted despite numerous attempts to curb them due to their decentralized nature. Governments and organizations have shut down sites like The Pirate Bay and Kickass Torrents, but new platforms quickly emerge. The key reasons for their resilience include:

• P2P Architecture:\ Torrents do not rely on a single server. Every user downloading or sharing a file becomes part of the network, making it impossible to completely dismantle.

• Global Distribution:\ Millions of users worldwide sustain torrent networks. Even if one country imposes strict regulations, others continue to support the system.

• Adaptability:\ The torrent community quickly adapts to challenges, using VPNs, proxy servers, or the dark web to bypass restrictions.

Despite this resilience, the popularity of torrents has significantly declined in recent years, particularly among younger users.

The Decline of Torrents: Why They Lost Popularity

In the early 2000s, torrents were the primary way to access movies, music, and software. They were easy to use, free, and offered a vast array of content. However, the rise of streaming platforms like Netflix, HBO, Disney+, and Spotify has changed how people consume media. The main reasons for the decline of torrents include:

1. Convenience:\ Streaming platforms provide instant access to high-quality content without the need for downloading or specialized software. Torrents, in contrast, require technical knowledge and are often slower.

2. Legality and Safety:\ Using torrents carries risks such as viruses, malware, and legal consequences. Streaming services offer a safe and legal alternative.

3. Marketing and Accessibility:\ Platforms like Netflix invest billions in original content and marketing, attracting younger users who prefer easy access over free but risky downloads.

4. Social Shifts:\ Younger generations, raised with access to subscription services, are often unfamiliar with torrents or view them as outdated. Studies from 2023 indicate that only a small percentage of people under 25 regularly use torrents.

Despite this decline, torrents have not disappeared entirely. They are still used in regions with limited access to streaming services or by users who value free access to niche content.

Why Bitcoin Will Not Share the Fate of Torrents

Despite the similarities, Bitcoin has unique characteristics that make it more likely to achieve mainstream adoption rather than being overshadowed by alternatives. Here are the key reasons:

1. Financial Revolution:\ Bitcoin addresses problems that lack direct alternatives. It enables transactions without intermediaries, which is particularly valuable in countries with unstable currencies or limited banking access. Unlike torrents, which were replaced by more convenient streaming platforms, traditional financial systems still have flaws that Bitcoin addresses.

2. Institutional Adoption:\ Major companies like Tesla, PayPal, and Square accept Bitcoin or invest in it. Financial institutions, including JPMorgan and Goldman Sachs, are developing cryptocurrency-related products. This institutional acceptance boosts Bitcoin’s credibility and legitimacy, something torrents never achieved.

3. Limited Supply:\ Bitcoin’s fixed supply of 21 million coins makes it attractive as a store of value, similar to gold. This characteristic distinguishes it from other technologies and gives it potential for long-term growth.

4. Technological Advancements:\ The Bitcoin network evolves through improvements like the Lightning Network, which makes transactions faster and cheaper. These innovations make it competitive with traditional payment systems, whereas torrents failed to adapt to streaming technologies.

5. Global Financial Integration:\ Unlike torrents, which remained in the niche of file sharing, Bitcoin has the potential to integrate into the global financial system. Countries like El Salvador have already recognized it as legal tender, and others may follow suit.

6. Cultural and Economic Significance:\ Bitcoin is perceived not only as a technology but also as a movement for financial independence and decentralization. This ideology attracts young people and tech enthusiasts, making it more resilient to the social shifts that affected torrents.

Conclusion

Torrents and Bitcoin share common roots as decentralized technologies that challenge the status quo. However, while torrents lost popularity due to the rise of more convenient and legal alternatives, Bitcoin has the potential to avoid this fate. Its ability to address real financial problems, institutional adoption, and technological advancements make it a likely candidate for mainstream use in the future. While torrents remained a niche technology, Bitcoin is emerging as a global force that could transform how the world perceives money.

@ c9badfea:610f861a

1. Install SDAI (it's free and open source)
2. Launch the app, and allow notifications when prompted
3. Complete the introduction to get started
4. Set Local Diffusion Microsoft ONNX as provider
5. In the configuration step, Download a model (such as Real Vision) and wait for the process to finish
6. Once the model is downloaded, tap on it and then select Setup
7. You can now create images offline by entering a Prompt and tapping 🪄 Imagine

ℹ️ Download the tracking-free FOSS variant

ℹ️ Internet connection is only required for the initial model download

ℹ️ To speed up image generation, consider reducing the image size (e.g. 256x256)

@ 2b24a1fa:17750f64

https://soundcloud.com/radiomuenchen/helge-buttkereit-medienkritik-als-trotziger-idealismus-teil-2?

@ 8bad92c3:ca714aa5

Let's dive into the most interesting forward-looking predictions from my recent conversations with industry experts.

Court Cases Against Bitcoin Developers Will Set Critical Precedent for the Industry's Future - Zack Shapiro

The outcome of the Samurai Wallet case will determine whether software developers can be held legally responsible for how users employ their non-custodial Bitcoin tools. Zack Shapiro laid out the stakes clearly: "The precedent that the Bank Secrecy Act can be applied to just software that allows you to move your own money on the Bitcoin blockchain is incredibly dangerous for developers, for node runners, for miners... Basically everyone in the Bitcoin space is at risk here."

According to Shapiro, the government's position in this case fundamentally misunderstands Bitcoin's architecture: "The government says that the defendants transmitted, Keone and Bill transmitted money that they knew belonged to criminals. That's not how a coin join works. The people who transmitted the money are the people that used Whirlpool and the people that used Ricochet. They signed their keys."

Should this prosecution succeed in establishing precedent, Shapiro predicts catastrophic consequences: "If that becomes the law of the land... then basically no actor in the Bitcoin economy is safe. The government's theory is that if you facilitate movement of money, you're a money transmitter, that would reach node runners, wallet developers, miners, lightning routing nodes... whatever tool stack you use, the people who built that are at risk."

With the case continuing despite FinCEN's own position that Samurai's software isn't money transmission, Shapiro believes the resolution will likely come through political rather than legal channels in the next 6-12 months.

Malpractice Around COVID mRNA Vaccines Will Be Exposed Within 2 Years - Dr. Jack Kruse

Dr. Jack Kruse predicts that major revelations about mRNA vaccine damage will force an eventual removal from the market, particularly from childhood vaccination schedules. During our conversation, Dr. Kruse shared alarming statistics: "25,000 kids a month are getting popped with this vaccine. Just so you know, since Trump has been elected, three million doses have been given to children."

According to Dr. Kruse, the scale of this problem dwarfs other health concerns: "The messenger job can drop you like Damar Hamlin, can end your career like JJ Watt, can end your career like all the footballers who've dropped dead on a soccer field." What makes this particularly concerning is the suppression of evidence about the damages, with Dr. Kruse noting that data from Japan showing changes in cancer distribution patterns was pulled, and VAERS data being dismissed despite showing alarming signals.

Dr. Kruse believes the coming years will see an unavoidable reckoning: "If by the end of this year, everybody in unison realized that MRA platform is bad news and it's gone. That to me is... I would tell you the biggest win is to get rid of the MRA platform even before any of the Bitcoin stuff." This suggests he expects significant momentum toward removing these vaccines from circulation by the end of 2025.

Global Economic Reordering Will Create Demand for Neutral Reserve Assets Like Bitcoin and Gold - Lyn Alden

The next two years will be critical in determining whether the United States maintains dollar dominance while navigating Triffin's dilemma. During our conversation, Lyn highlighted how the current administration is attempting to thread a needle between reshoring manufacturing while maintaining the dollar's reserve status - an almost impossible task on extremely fragile ground.

"When they talk about kind of a currency accord to weaken the dollar, they mentioned ideally they wanted to use multi-lateral approaches, but there are some unilateral approaches that they can do, which includes printing dollars to buy reserve assets," Lyn explained when discussing Treasury advisor Stephen Myron's position paper.

As the world potentially moves to a multipolar currency system, Lyn predicts significant demand increases for neutral reserve assets. "The two options on the table at this point are gold and Bitcoin," she noted, but pointed out that "our geopolitical adversaries have been stacking gold for a while and with a special intensity for the last three years." This creates a strategic opportunity for the US, as Bitcoin is "overwhelmingly held in the United States."

Lyn believes this transition is already underway, with the demand for neutral reserve assets like Bitcoin growing as countries seek alternatives to solely dollar-denominated reserves.

---

Blockspace conducts cutting-edge proprietary research for investors.

Iran's Shadow Mining Economy: 2 GW of Bitcoin Mined Underground While Legal Operations Struggle

Iran hosts a thriving underground Bitcoin mining industry that has emerged as a critical financial lifeline for citizens grappling with international sanctions and domestic economic controls. This shadow economy dwarfs the legal sector, with an estimated 2 gigawatts of illegal mining operations compared to just 5 megawatts of sanctioned activity.

According to ViraMiner CEO Masih Alavi, approximately 800,000 illegal miners have been discovered and fined by authorities. Yet operations continue in homes, office buildings, and even jewelry stores, where Iranians tap into unmetered electricity to mine Bitcoin, later converting it to stablecoins like USDT for savings and commerce.

While the government has approved permits for about 400 megawatts of legal mining capacity, punitive electricity tariffs and regulatory barriers have strangled legitimate operations. "I blamed the government for this situation," says Alavi. "They introduced flawed policies in the beginning, especially by setting the wrong electricity tariffs for the mining industry."

Despite using obsolete equipment like Antminer S9s and M3s, underground miners remain profitable when converting earnings to Iranian rials, creating an ecosystem that serves an estimated 18 million Iranian cryptocurrency holders.

Looking ahead, Alavi predicts further crackdowns as Iran enters peak electricity demand season, potentially reducing legal mining to zero while underground operations continue to evolve sophisticated detection evasion techniques.

Link to Full Article

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

---

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

---

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

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

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

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

@ c54f9c60:7c34249a

Falling down the Bitcoin rabbit hole is a strange experience. Like many others, I feel like I have learned more in the last couple of years studying Bitcoin than I have during two decades of formal education.

The following lessons are a distillation of what I’ve learned. First published as an article series titled “What I’ve Learned From Bitcoin,” what follows can be seen as a second edition of the original series.

Like Bitcoin, these lessons aren't a static thing. I plan to work on them periodically, releasing updated versions and additional material in the future.

Unlike Bitcoin, future versions of this project do not have to be backward compatible. Some lessons might be extended, others might be reworked or replaced. I hope that a future version will be something you can hold in your hands, but I don’t want to promise anything just yet.

Bitcoin is an inexhaustible teacher, which is why I do not claim that these lessons are all-encompassing or complete. They are a reflection of my personal journey down the rabbit hole. There are many more lessons to be learned, and every person will learn something different from entering the world of Bitcoin.

I hope that you will find these lessons useful and that the process of learning them by reading won’t be as arduous and painful as learning them firsthand.

nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

@ a311301f:4663f8f2

```perl

!/usr/bin/perl

use strict; use warnings; use Term::ReadKey;

STDOUT->autoflush(1);

this version run on Windows and use a pwd.txt file created by

the perl program ; otherwise encoding issue may follow

following sub needs to be used first by uncommenting the main call

sub write_password { print ("Enter Password: ") ; my $password = ; my $file_path = 'pwd.txt'; open(my $fh, '>', $file_path) or die "Cannot open file '$file_path' for writing: $!"; print $fh $password; close($fh); print ("\n"); print "Password written to '$file_path'\n"; }

sub printhex { my $str = shift ; foreach my $char (split //, $str) { printf "%02x ", ord($char); } print "\n"; }

Function to read password from file

sub read_password_from_file { #unecessary #binmode(STDIN, ':crlf'); my $file_path = shift; #unecessary #local $/ = "\r\n" ; # CR, use "\r\n" for CRLF or "\n" for LF open(my $fh, '<', $file_path) or die "Cannot open file '$file_path' for reading: $!"; my $password = <$fh>; close($fh); #printhex ($password) ;
chomp($password); print "'$password'\n" ; #$password =~ s/\r?\n$//; # Remove newline character #$password = substr($password, 2) ; # BOM File starts with FF FE printhex($password ) ; # "\'$password\'\n" ; #$password = "abcde" ;
return $password; }

Main program

sub main { #write_password(); # to uncomment for first use my $correct_password = read_password_from_file("pwd.txt") ; print "Enter password: "; ReadMode('noecho'); # Turn off echo my $entered_password = ReadLine(0); ReadMode('restore'); # Restore echo chomp($entered_password); print "\n";

# Compare entered password with the correct password
if ($entered_password eq $correct_password) {
    print "Access granted!\n";
} else {
    print "Access denied!\n";
    print "'$entered_password' not eq '$correct_password' \n"; 
    printhex ($entered_password); 
    printhex ($correct_password) ; 
    print "The end! \n" ; 
}

}

Call main function

main();

```

@ 9ca447d2:fbf5a36d

Donald Trump’s recent four-day visit took the President to Saudi Arabia, Qatar, and the United Arab Emirates. This visit has intertwined diplomatic relations with business interests, while simultaneously influencing the bitcoin market.

In Qatar, the President met with Emir Tanim bin Hamad Al Thani, resulting in over $243 billion in deals including major defense agreements, according to Bloomberg.

On May 15, the President made his visit to the Sheikh Zayed Grand Mosque in Abu Dhabi alongside Crown Prince Khaled bin Mohamed Al Nahyan. This occurs as the Trump family expands its business presence in the Middle East.

The Trump Organization is developing luxury properties across the region, including Trump Tower Dubai, real estate projects in Riyadh, and development in Jeddah and Oman.

Donald Trump and Mohammed bin Salman in King Khalid International Airport — NBCNews

Eric Trump publicly announced construction plans for Trump Tower Dubai just last month, highlighting the family’s ongoing commercial footprint in the region.

These business connections extend into the digital asset ecosystem as UAE-backed investment firm MGX recently announced it would use USD1, World Liberty Financial’s stablecoin to support a $2 billion investment in Binance, the world’s largest digital asset exchange, according to APNews.

This connection between Trump-aligned interests and major digital asset investments creates a potential avenue for market influence. 

Historically, stability in the Middle East, especially among oil-rich nations, reduces global market volatility. This encourages risk appetite among investors, often leading to increased allocations to digital assets like bitcoin.

Middle East diplomacy directly affects global oil prices. Stable oil prices can lower inflation expectations and lead to interest rate cuts by the Fed. Lower rates lead to an increase in liquidity, having positive effects on bitcoin, an asset that benefits from money printing.

Related: Fed Rate Cuts Could Lead to Major Price Swings for Bitcoin

On the investment front, Abu Dhabi’s Wealth Fund, Mubadala Investment Company, has been focused on increasing their shares in BlackRock’s iShares Bitcoin Trust (IBIT).

According to a 13F filing with the U.S. Securities and Exchange Commission, Mubdala held 8.7 million IBIT shares, totaling $408.5 million as of March 31, 2025. 

The Abu Dhabi Wealth Fund increased its shares by 500,000 since its last filing in December of 2024.

Back in March, the United States created a Strategic Bitcoin Reserve. The executive order states that the U.S. will not sell the bitcoin they already hold, and will create budget-neutral ways to increase their holdings.

The time has come where governments and wealth funds alike are jumping on board the Bitcoin train.

Trump’s recent visit to the Middle East illustrates how financial, diplomatic, and personal interests are becoming increasingly intertwined with Bitcoin and digital assets, serving as a new axis of influence in the U.S.-Middle East relations.

The combination of diplomatic progress and business expansion has heightened short-term volatility and trading volumes in the bitcoin market.

Trump’s business and digital asset ties in the region may further boost institutional interest and create an opportunity for more players to enter the market.

@ c9badfea:610f861a

1. Install MuPDF Mini (it's free and open source)
2. Launch the app and open a document or book
3. Tap the left or right edges to scroll through pages
4. Enjoy distraction-free reading

ℹ️ You can open .pdf, .xps, .cbz, .epub, and fb2 documents

@ 2b24a1fa:17750f64

"Kleines Erste-Hilfe-Büchlein gegen Propaganda" von 2023. „Normalerweise hört man das Wort „Propaganda“ im Mainstream-Diskurs nur, wenn es um Dinge geht, die andere Länder ihren eigenen Bürgern antun oder Teil ausländischer Beeinflussungsoperationen sind, obwohl in der überwältigenden Mehrheit der Fälle, in denen wir in unserem täglichen Leben Propaganda erlebt haben, der Anruf aus dem eigenen Haus kam.“

https://soundcloud.com/radiomuenchen/helge-buttkereit-medienkritik-als-trotziger-idealismus?

In der Folge dokumentiert sie einige gravierende Beispiele aus den US-Medien. Auch in Deutschland fehlt es den Massenmedien an der nötigen Distanz zur Regierung und ihrem Werte-Narrativ. Was umso gefährlicher ist, da sie über „Definitionsmacht“ verfügen. Auch wenn wir selbst diese Medien nicht konsumieren, so können wir doch sicher sein, dass die große Mehrheit der Bürger sie konsultiert und damit deren Sicht auf die Welt massiv beeinflusst wird. „Wenn wir die Tagesschau einschalten, erfahren wir nichts über die ‘Wirklichkeit’. Wir lernen vielmehr, wer es geschafft hat, seine Sicht auf die Wirklichkeit in die Propaganda-Matrix einzuschreiben“, verrät der Medienwissenschaftler Michael Meyen in seinem Buch "Die Propaganda-Matrix". Nun gilt jedoch die Presse in der öffentlichen Wahrnehmung als „Vierte Gewalt“ der Demokratie. Ihre Aufgabe wäre es demnach, die zunehmend verflochtenen Staatsgewalten Legislative, Exekutive und Judikative zu kontrollieren. Die Realität sieht anders aus. Dabei übersieht selbst die immer häufiger auftretende Medienkritik, dass die „Vierte Gewalt“ von den Herrschenden nie in dieser Funktion gedacht war – schließlich waren und sind die Medien seit je her in den Händen von Regierungen und Konzernen, schreibt unser Autor Helge Buttkereit. Hören Sie seinen zweiteiligen Beitrag „Medienkritik als trotziger Idealismus“, der zunächst beim Magazin Multipolar erschienen war: multipolar-magazin.de/artikel/medien…tik-idealismus

Sprecher: Karsten Troyke

Bild-Collage: Radio München

@ 90c656ff:9383fd4e

Bitcoin has been playing an increasingly important role in protests and social movements around the world. Thanks to its decentralized nature, resistance to censorship, and independence from government control, Bitcoin has become a valuable tool for activists, organizations, and citizens fighting against oppressive regimes or restrictive financial systems.

• Bitcoin as an alternative to the traditional financial system

In recent years, governments and banking institutions have used financial restrictions as a form of political repression. Frozen bank accounts, blocked donations, and limitations on transactions are some of the strategies used to weaken social movements and protests. Bitcoin offers an alternative, allowing funds to be transferred and stored without interference from banks or governments.

One of Bitcoin’s main advantages in these contexts is its censorship resistance. While bank accounts can be shut down and centralized payment services can be pressured to block transactions, Bitcoin operates on a decentralized network where no one can prevent a user from sending or receiving funds.

• Examples of Bitcoin use in protests

01 - Hong Kong (2019–2020): During the pro-democracy protests, activists faced financial restrictions when trying to organize demonstrations and campaigns. Many turned to Bitcoin to avoid surveillance by the Chinese government and to secure funding for their actions.

02 - Canada (2022): The truckers' protest against government restrictions saw participants' bank accounts frozen. As an alternative, Bitcoin donations were used to bypass financial repression.

03 - Belarus (2020): After the contested presidential elections, protesters used Bitcoin to fund activities and support those who lost their jobs due to state repression.

04 - Nigeria (2020): During the #EndSARS protests against police brutality, international donations to the movement were blocked. Bitcoin became one of the main methods for financing the cause.

• Challenges of using Bitcoin in social movements

01 - Education and accessibility: Many people still don’t know how to use Bitcoin safely and efficiently. This lack of knowledge can hinder large-scale adoption.

02 - Digital security: Social movements often operate under heavy surveillance. Without proper security measures, funds can be compromised.

03 - Volatility: Bitcoin’s price can fluctuate significantly in a short time, which may affect the value of donations and funds raised.

In summary, Bitcoin has proven to be an essential tool in resisting financial censorship and government repression. By enabling social movements and activists to fund their causes without intermediaries, Bitcoin strengthens the fight for freedom and justice. However, effective adoption of the technology requires knowledge, security, and adaptation to its unique characteristics. As more people learn to use Bitcoin, its role in protests and social movements will continue to grow, reinforcing the importance of financial sovereignty in the struggle for rights and freedoms.

Thank you very much for reading this far. I hope everything is well with you, and sending a big hug from your favorite Bitcoiner maximalist from Madeira. Long live freedom!

@ 2b24a1fa:17750f64

Herzlichen Glückwunsch zu einem weiteren denkwürdigen Europa-Tag, den wir mit einem Manifest des european-peace-projects begehen. Europaweit beteiligen sich heute Institutionen, Vereine und Bürger, die um 17 Uhr die Fenster öffnen und dieses Manifest laut verlesen. Wer das nicht möchte oder kann, schaltet vielleicht Radio München ein:

\ https://soundcloud.com/radiomuenchen/european-peace-project-das-manifest-heute-17-uhr?

@ 04c915da:3dfbecc9

Capitalism is the most effective system for scaling innovation. The pursuit of profit is an incredibly powerful human incentive. Most major improvements to human society and quality of life have resulted from this base incentive. Market competition often results in the best outcomes for all.

That said, some projects can never be monetized. They are open in nature and a business model would centralize control. Open protocols like bitcoin and nostr are not owned by anyone and if they were it would destroy the key value propositions they provide. No single entity can or should control their use. Anyone can build on them without permission.

As a result, open protocols must depend on donation based grant funding from the people and organizations that rely on them. This model works but it is slow and uncertain, a grind where sustainability is never fully reached but rather constantly sought. As someone who has been incredibly active in the open source grant funding space, I do not think people truly appreciate how difficult it is to raise charitable money and deploy it efficiently.

Projects that can be monetized should be. Profitability is a super power. When a business can generate revenue, it taps into a self sustaining cycle. Profit fuels growth and development while providing projects independence and agency. This flywheel effect is why companies like Google, Amazon, and Apple have scaled to global dominance. The profit incentive aligns human effort with efficiency. Businesses must innovate, cut waste, and deliver value to survive.

Contrast this with non monetized projects. Without profit, they lean on external support, which can dry up or shift with donor priorities. A profit driven model, on the other hand, is inherently leaner and more adaptable. It is not charity but survival. When survival is tied to delivering what people want, scale follows naturally.

The real magic happens when profitable, sustainable businesses are built on top of open protocols and software. Consider the many startups building on open source software stacks, such as Start9, Mempool, and Primal, offering premium services on top of the open source software they build out and maintain. Think of companies like Block or Strike, which leverage bitcoin’s open protocol to offer their services on top. These businesses amplify the open software and protocols they build on, driving adoption and improvement at a pace donations alone could never match.

When you combine open software and protocols with profit driven business the result are lean, sustainable companies that grow faster and serve more people than either could alone. Bitcoin’s network, for instance, benefits from businesses that profit off its existence, while nostr will expand as developers monetize apps built on the protocol.

Capitalism scales best because competition results in efficiency. Donation funded protocols and software lay the groundwork, while market driven businesses build on top. The profit incentive acts as a filter, ensuring resources flow to what works, while open systems keep the playing field accessible, empowering users and builders. Together, they create a flywheel of innovation, growth, and global benefit.

@ a5ee4475:2ca75401

lista #descentralismo #compilado #portugues

*Algumas destas listas ainda estão sendo trocadas, portanto as versões mais recentes delas só estão visíveis no Amethyst por causa da ferramenta de edição.

Clients do Nostr e Outras Coisas

nostr:naddr1qq245dz5tqe8w46swpphgmr4f3047s6629t45qg4waehxw309aex2mrp0yhxgctdw4eju6t09upzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqvzqqqr4guxde6sl

---

Modelos de IA e Ferramentas

nostr:naddr1qq24xwtyt9v5wjzefe6523j32dy5ga65gagkjqgswaehxw309ahx7um5wghx6mmd9upzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqvzqqqr4guk62czu

---

Iniciativas de Bitcoin

nostr:naddr1qvzqqqr4gupzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqq2nvmn5va9x2nrxfd2k5smyf3ux7vesd9znyqxygt4

---

Profissionais Brasileiros no Nostr

nostr:naddr1qq24qmnkwe6y67zlxgc4sumrxpxxce3kf9fn2qghwaehxw309aex2mrp0yhxummnw3ezucnpdejz7q3q5hhygatg5gmjyfkkguqn54f9r6k8m5m6ksyqffgjrf3uut982sqsxpqqqp65wp8uedu

---

Comunidades em Português no Nostr

nostr:naddr1qq2hwcejv4ykgdf3v9gxykrxfdqk753jxcc4gqg4waehxw309aex2mrp0yhxgctdw4eju6t09upzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqvzqqqr4gu455fm3

---

Grupos em Português no Nostr

nostr:nevent1qqs98kldepjmlxngupsyth40n0h5lw7z5ut5w4scvh27alc0w86tevcpzpmhxue69uhkummnw3ezumt0d5hsygy7fff8g6l23gp5uqtuyqwkqvucx6mhe7r9h7v6wyzzj0v6lrztcspsgqqqqqqs3ndneh

---

Jogos de Código Aberto

Open Source Games nostr:naddr1qvzqqqr4gupzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqq2kvwp3v4hhvk2sw3j5sm6h23g5wkz5ddzhz8x40v0

---

Itens Úteis com Esquemas Disponíveis

nostr:naddr1qqgrqvp5vd3kycejxask2efcv4jr2qgswaehxw309ahx7um5wghx6mmd9upzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqvzqqqr4guc43v6c

---

Formatação de Texto em Markdown

(Amethyst, Yakihone e outros) nostr:naddr1qvzqqqr4gupzpf0wg36k3g3hygndv3cp8f2j284v0hfh4dqgqjj3yxnreck2w4qpqq2454m8dfzn26z4f34kvu6fw4rysnrjxfm42wfpe90

---

Outros Links

nostr:nevent1qqsrm6ywny5r7ajakpppp0lt525n0s33x6tyn6pz0n8ws8k2tqpqracpzpmhxue69uhkummnw3ezumt0d5hsygp6e5ns0nv3dun430jky25y4pku6ylz68rz6zs7khv29q6rj5peespsgqqqqqqsmfwa78

@ 9ca447d2:fbf5a36d

KYC database of Coinbase, the largest U.S. digital asset exchange, has been breached and up to 1% of monthly active users, or around 100,000 customers, have had their personal info stolen.

Hackers reportedly bribed overseas customer support agents and contractors to leak internal company info and user data. They then demanded $20 million and threatened to release the stolen data if Coinbase didn’t pay.

Instead of paying the ransom, Coinbase said no and is setting up a $20 million reward fund for anyone who can help catch the hackers.

“They then tried to extort Coinbase for $20 million to cover this up. We said no,” the company said in a blog post. “Instead of paying the $20 million ransom, we’re establishing a $20 million reward fund.”

So what’s been stolen? The breach, which was first disclosed in a filing with the U.S. Securities and Exchange Commission (SEC), did not involve any theft of customer funds, login credentials, private keys or wallets.

But the hackers did get:

• Full names
• Addresses
• Phone numbers
• Email addresses
• Last 4 digits of Social Security numbers
• Bank account numbers and some bank identifiers
• Government ID images (driver’s licenses, passports, etc.)
• Account balances and transaction history
• Internal corporate documents and training materials

Coinbase says Prime accounts were not affected and no passwords or 2FA codes were stolen.

According to Coinbase, the attackers targeted outsourced support agents in countries like India. They were offering cash bribes in exchange for access to the company’s internal customer support tools.

“What these attackers were doing was finding Coinbase employees and contractors based in India who were associated with our business process outsourcing or support operations, that kind of thing, and bribing them in order to obtain customer data,” said Philip Martin, Coinbase’s Chief Security Officer.

Coinbase said it first saw suspicious activity in January 2025 but didn’t get a direct email from the threat actors until May 11. The email had evidence of stolen data and the ransom demand.

Coinbase quickly launched an investigation, fired all the involved support agents and notified law enforcement. It also started notifying users via email on May 15.

The Coinbase data breach has hit it hard, financially and publicly. The company estimates it will spend $180-$400 million on security upgrades, reimbursements and other remediation.

Coinbase’s stock also took a hit, dropping 6.4% after the news broke, before rebounding.

Analysts say this couldn’t have come at a worse time, as Coinbase is about to be added to the S&P 500 index – a big deal for any publicly traded company.

It’s definitely an unfortunate timing. “This may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, analyst at U.S. Tiger Securities.

Coinbase will reimburse any customers who were tricked into sending their digital assets to the attackers as part of social engineering scams. They’ve also introduced new security measures:

• Extra ID verification for high-risk withdrawals
• Scam-awareness prompts
• A new U.S.-based support center
• Stronger insider threat monitoring
• Simulation testing for internal systems

Affected customers have already been notified and the exchange is working with U.S. and international law enforcement to track down the attackers.

This is part of a larger trend in the digital assets world. Earlier this year, Bybit, another exchange, was hit with a $1.5 billion theft, dubbed the biggest digital asset heist in history.

Research from Chainalysis shows over $2.2 billion was stolen from digital asset platforms in 2024 alone.

@ 35f3a26c:92ddf231

Background

Most people non familiar with Bitcoin thinks that there its has not smart contracts capabilities, and that is incorrect, there are smart contract capabilities, and despite limited in comparison with other blockchain networks, those capabilities are evolving slowly but surely.

The support for smart contracts is done through its scripting language, Script, which allows developers to create complex conditions for transactions.

What can you do with Script? 1. time locks 2. multi-signature requirements 3. other custom logic

opcodes like OP_CHECKLOCKTIMEVERIFY (CLTV) and OP_CHECKSEQUENCEVERIFY (CSV) are used to build more sophisticated smart contracts, these opcodes enable features such as the Lightning Network, a key scaling solution for Bitcoin

back in 2021, the Taproot upgrade introduced Pay-to-Taproot (P2TR), in summary allows for more private and efficient smart contracts, in that soft fork more was added, in addition to Taproot, we got as well Schnorr signatures, which enables multiple signatures to be aggregated into a single signature, improving scalability and privacy and MAST (Merklized Abstract Syntax Trees) which reduces the size of complex smart contracts, making them more efficient, as an added value, this efficiency reduces the cost of transactions.

The Taproot upgrade has laid the foundation for the development of more sophisticated smart contracts on the Bitcoin network, and the use of covenants is an important part of this development.

What is Bitcoin Covenants?

It is a BIP (Bitcoin Improvement Proposal), BIP-347, assigned on April 24, 2024, which marks the first step towards reintroducing functionality removed from Bitcoin by its creator Satoshi Nakamoto in 2010. This proposal aims to bring smart contract functionality to Bitcoin as we see in other EVM networks.

The proposal’s developers authors names are Ethan Heilman and Armin Sabouri, now the community will debate its merits.

Here the link, in case you are curious:

https://github.com/bitcoin/bips/blob/master/bip-0347.mediawiki

It is worth to read the motivation section of the BIP, which reads:

“Bitcoin Tapscript lacks a general purpose way of combining objects on the stack, restricting the expressiveness and power of Tapscript. This prevents, among many other things, the ability to construct and evaluate merkle trees and other hashed data structures in Tapscript. OP_CAT, by adding a general purpose way to concatenate stack values, would overcome this limitation and greatly increase the functionality of Tapscript.

OP_CAT aims to expand the toolbox of the tapscript developer with a simple, modular, and useful opcode in the spirit of Unix. To demonstrate the usefulness of OP_CAT below we provide a non-exhaustive list of some use cases that OP_CAT would enable:

Bitstream, a protocol for the atomic swap (fair exchange) of bitcoins for decryption keys, that enables decentralized file hosting systems paid in Bitcoin. While such swaps are currently possible on Bitcoin without OP_CAT, they require the use of complex and computationally expensive Verifiable Computation cryptographic techniques. OP_CAT would remove this requirement on Verifiable Computation, making such protocols far more practical to build in Bitcoin.

Tree signatures provide a multisignature script whose size can be logarithmic in the number of public keys and can encode spend conditions beyond n-of-m. For instance a transaction less than 1KB in size could support tree signatures with up to 4,294,967,296 public keys. This also enables generalized logical spend conditions.

Post-Quantum Lamport signatures in Bitcoin transactions. Lamport signatures merely require the ability to hash and concatenate values on the stack. [4] It has been proposed that if ECDSA is broken or a powerful computer was on the horizon, there might be an effort to protect ownership of bitcoins by allowing people to mark their taproot outputs as "script-path only" and then move their coins into such outputs with a leaf in the script tree requiring a Lamport signature. It is an open question if a tapscript commitment would preserve the quantum resistance of Lamport signatures. Beyond this question, the use of Lamport Signatures in taproot outputs is unlikely to be quantum resistant even if the script spend-path is made quantum resistant. This is because taproot outputs can also be spent with a key. An attacker with a sufficiently powerful quantum computer could bypass the taproot script spend-path by finding the discrete log of the taproot output and thus spending the output using the key spend-path. The use of "Nothing Up My Sleeve" (NUMS) points as described in BIP-341 to disable the key spend-path does not disable the key spend-path against a quantum attacker as NUMS relies on the hardness of finding discrete logs. We are not aware of any mechanism which could disable the key spend-path in a taproot output without a soft-fork change to taproot.

Non-equivocation contracts in tapscript provide a mechanism to punish equivocation/double spending in Bitcoin payment channels. OP_CAT enables this by enforcing rules on the spending transaction's nonce. The capability is a useful building block for payment channels and other Bitcoin protocols.

Vaults [6] which are a specialized covenant that allows a user to block a malicious party who has compromised the user's secret key from stealing the funds in that output. As shown in OP_CAT is sufficient to build vaults in Bitcoin.

Replicating CheckSigFromStack which would allow the creation of simple covenants and other advanced contracts without having to pre-sign spending transactions, possibly reducing complexity and the amount of data that needs to be stored. Originally shown to work with Schnorr signatures, this result has been extended to ECDSA signatures.

OP_CAT was available in early versions of Bitcoin. In 2010, a single commit disabled OP_CAT, along with another 15 opcodes. Folklore states that OP_CAT was removed in this commit because it enabled the construction of a script whose evaluation could have memory usage exponential in the size of the script. For example, a script that pushed a 1-byte value on the stack and then repeated the opcodes OP_DUP, OP_CAT 40 times would result in a stack element whose size was greater than 1 terabyte assuming no maximum stack element size. As Bitcoin at that time had a maximum stack element size of 5000 bytes, the effect of this expansion was limited to 5000 bytes. This is no longer an issue because tapscript enforces a maximum stack element size of 520 bytes.”

The last update of the BIP was done on Sep. 8 2024 by Ethan Heilman

Controversy

The controversy revolves around two main camps:

1. Those who want to preserve Bitcoin’s network for monetary transactions only, arguing that adding smart contract capabilities could introduce risks and complexity.
2. Others who advocate for expanding Bitcoin’s capabilities to support a wider range of applications, seeing OP_CAT as a step towards enhancing the network’s utility.

Final Thoughts

Bitcoin have done what no other asset have done in history, neither gold, its success is clear, and now, that BlackRock is involved, “miraculously”, corporations and governments are getting on board and Bitcoin is not anymore only for criminals or “rat poison” or “is going to zero”.

But as all tech, improvements are important, if those improvements are done to secure more the network and to make it more robust, there will be little to none controversy, however, when those changes are aiming at adding new shinning features that would change Bitcoin into a network with similar features as Ethereum in terms of contracts that requires attention and debate, few questions come to mind:

1. How will that change affect the security of the network?
2. How that change will affect the blockchain usage?
3. What is the projected impact over the fees per transaction if this change is approved?
4. Will the impact create pressure for the block size increase discussion to come back to the table and with it a second war?

Looking into Ethan Heilman work and contribution to the Bitcoin ecosystem, I am inclined to believe that he has considered most of those questions.

Looking forward to observe the evolution of this proposal.

You liked the article? Make my day brighter!

Like and share!

Last but not least, the following link is an unstoppable domain, it will open a page in which you can perform an anonymous contribution to support my work:

https://rodswallet.unstoppable/

The link didn’t open?

To open the link you need to use a best in class browser that supports web3, two are recommended: Brave Browser and Opera Browser

@ f33c8a96:5ec6f741

@ 2b24a1fa:17750f64

"Was ist da drin?", fragte wohl jedes unverdorbene Kind, bevor eine Flüssigkeit in den Muskel seines Arms gespritzt würde. Aber wir sind alle keine unverdorbenen Kinder mehr. Wissen, das haben die anderen, die Gebildeteren, die Wissenschaftler, die Ärzte. Nachfragen würde Autoritäten untergraben und Unglauben demonstrieren. Und drum fällt kaum jemandem auf, dass wir bis heute keine sauberen Inhaltsangaben über die sogenannten Corona-Spritzen erhalten haben, geschweige denn wissen, was der Inhalt in unseren Körpern genau anrichten kann.

https://soundcloud.com/radiomuenchen/inmodia-weist-schwer-schadigende-substanzen-nach-von-dna-resten-sv40-und-nanolipiden-ein-interview-mit-prof-klaus-steger

Auf die Suche nach Aufklärung hat sich von Beginn dieser sogenannten Pandemie der Verein Mediziner und Wissenschaftler für Gesundheit, Frieden und Demokratie gemacht. Jetzt gibt es ein erstes Labor, das die bekannten, relevanten Impfstoffbestandteile nachweisen will. Darüber unterhält sich unsere Redakteurin Eva Schmidt mit dem Molekularbiologen Prof. Klaus Steger von der Universität Gießen und engagiert bei inmodia, dem Institut für molekularbiologische Diagnostik. Zunächst wollte sie wissen, welche Bestandteile eigentlich bekannt sind, die in Millionen von Menschen gespritzt wurden.

Link zur Webseite: inmodia.de

@ c1e9ab3a:9cb56b43

If you're an engineer stepping into the Bitcoin space from the broader crypto ecosystem, you're probably carrying a mental model shaped by speed, flexibility, and rapid innovation. That makes sense—most blockchain platforms pride themselves on throughput, programmability, and dev agility.

But Bitcoin operates from a different set of first principles. It’s not competing to be the fastest network or the most expressive smart contract platform. It’s aiming to be the most credible, neutral, and globally accessible value layer in human history.

Here’s why that matters—and why Bitcoin is not just an alternative crypto asset, but a structural necessity in the global financial system.

1. Bitcoin Fixes the Triffin Dilemma—Not With Policy, But Protocol

The Triffin Dilemma shows us that any country issuing the global reserve currency must run persistent deficits to supply that currency to the world. That’s not a flaw of bad leadership—it’s an inherent contradiction. The U.S. must debase its own monetary integrity to meet global dollar demand. That’s a self-terminating system.

Bitcoin sidesteps this entirely by being:

• Non-sovereign – no single nation owns it
• Hard-capped – no central authority can inflate it
• Verifiable and neutral – anyone with a full node can enforce the rules

In other words, Bitcoin turns global liquidity into an engineering problem, not a political one. No other system, fiat or crypto, has achieved that.

2. Bitcoin’s “Ossification” Is Intentional—and It's a Feature

From the outside, Bitcoin development may look sluggish. Features are slow to roll out. Code changes are conservative. Consensus rules are treated as sacred.

That’s the point.

When you’re building the global monetary base layer, stability is not a weakness. It’s a prerequisite. Every other financial instrument, app, or protocol that builds on Bitcoin depends on one thing: assurance that the base layer won’t change underneath them without extreme scrutiny.

So-called “ossification” is just another term for predictability and integrity. And when the market does demand change (SegWit, Taproot), Bitcoin’s soft-fork governance process has proven capable of deploying it safely—without coercive central control.

3. Layered Architecture: Throughput Is Not a Base Layer Concern

You don’t scale settlement at the base layer. You build layered systems. Just as TCP/IP doesn't need to carry YouTube traffic directly, Bitcoin doesn’t need to process every microtransaction.

Instead, it anchors:

• Lightning (fast payments)
• Fedimint (community custody)
• Ark (privacy + UTXO compression)
• Statechains, sidechains, and covenants (coming evolution)

All of these inherit Bitcoin’s security and scarcity, while handling volume off-chain, in ways that maintain auditability and self-custody.

4. Universal Assayability Requires Minimalism at the Base Layer

A core design constraint of Bitcoin is that any participant, anywhere in the world, must be able to independently verify the validity of every transaction and block—past and present—without needing permission or relying on third parties.

This property is called assayability—the ability to “test” or verify the authenticity and integrity of received bitcoin, much like verifying the weight and purity of a gold coin.

To preserve this:

• The base layer must remain resource-light, so running a full node stays accessible on commodity hardware.
• Block sizes must remain small enough to prevent centralization of verification.
• Historical data must remain consistent and tamper-evident, enabling proof chains across time and jurisdiction.

Any base layer that scales by increasing throughput or complexity undermines this fundamental guarantee, making the network more dependent on trust and surveillance infrastructure.

Bitcoin prioritizes global verifiability over throughput—because trustless money requires that every user can check the money they receive.

5. Governance: Not Captured, Just Resistant to Coercion

The current controversy around OP_RETURN and proposals to limit inscriptions is instructive. Some prominent devs have advocated for changes to block content filtering. Others see it as overreach.

Here's what matters:

• No single dev, or team, can force changes into the network. Period.
• Bitcoin Core is not “the source of truth.” It’s one implementation. If it deviates from market consensus, it gets forked, sidelined, or replaced.
• The economic majority—miners, users, businesses—enforce Bitcoin’s rules, not GitHub maintainers.

In fact, recent community resistance to perceived Core overreach only reinforces Bitcoin’s resilience. Engineers who posture with narcissistic certainty, dismiss dissent, or attempt to capture influence are routinely neutralized by the market’s refusal to upgrade or adopt forks that undermine neutrality or openness.

This is governance via credible neutrality and negative feedback loops. Power doesn’t accumulate in one place. It’s constantly checked by the network’s distributed incentives.

6. Bitcoin Is Still in Its Infancy—And That’s a Good Thing

You’re not too late. The ecosystem around Bitcoin—especially L2 protocols, privacy tools, custody innovation, and zero-knowledge integrations—is just beginning.

If you're an engineer looking for:

• Systems with global scale constraints
• Architectures that optimize for integrity, not speed
• Consensus mechanisms that resist coercion
• A base layer with predictable monetary policy

Then Bitcoin is where serious systems engineers go when they’ve outgrown crypto theater.

Take-away

Under realistic, market-aware assumptions—where:

• Bitcoin’s ossification is seen as a stability feature, not inertia,
• Market forces can and do demand and implement change via tested, non-coercive mechanisms,
• Proof-of-work is recognized as the only consensus mechanism resistant to fiat capture,
• Wealth concentration is understood as a temporary distribution effect during early monetization,
• Low base layer throughput is a deliberate design constraint to preserve verifiability and neutrality,
• And innovation is layered by design, with the base chain providing integrity, not complexity...

Then Bitcoin is not a fragile or inflexible system—it is a deliberately minimal, modular, and resilient protocol.

Its governance is not leaderless chaos; it's a negative-feedback structure that minimizes the power of individuals or institutions to coerce change. The very fact that proposals—like controversial OP_RETURN restrictions—can be resisted, forked around, or ignored by the market without breaking the system is proof of decentralized control, not dysfunction.

Bitcoin is an adversarially robust monetary foundation. Its value lies not in how fast it changes, but in how reliably it doesn't—unless change is forced by real, bottom-up demand and implemented through consensus-tested soft forks.

In this framing, Bitcoin isn't a slower crypto. It's the engineering benchmark for systems that must endure, not entertain.

Final Word

Bitcoin isn’t moving slowly because it’s dying. It’s moving carefully because it’s winning. It’s not an app platform or a sandbox. It’s a protocol layer for the future of money.

If you're here because you want to help build that future, you’re in the right place.

nostr:nevent1qqswr7sla434duatjp4m89grvs3zanxug05pzj04asxmv4rngvyv04sppemhxue69uhkummn9ekx7mp0qgs9tc6ruevfqu7nzt72kvq8te95dqfkndj5t8hlx6n79lj03q9v6xcrqsqqqqqp0n8wc2

nostr:nevent1qqsd5hfkqgskpjjq5zlfyyv9nmmela5q67tgu9640v7r8t828u73rdqpr4mhxue69uhkymmnw3ezucnfw33k76tww3ux76m09e3k7mf0qgsvr6dt8ft292mv5jlt7382vje0mfq2ccc3azrt4p45v5sknj6kkscrqsqqqqqp02vjk5

nostr:nevent1qqstrszamvffh72wr20euhrwa0fhzd3hhpedm30ys4ct8dpelwz3nuqpr4mhxue69uhkymmnw3ezucnfw33k76tww3ux76m09e3k7mf0qgs8a474cw4lqmapcq8hr7res4nknar2ey34fsffk0k42cjsdyn7yqqrqsqqqqqpnn3znl

@ 83279ad2:bd49240d

test nostr:nevent1qvzqqqqqqypzpqe8ntfgamz8sh3p88w99x5k2r7mksjrvm2xghju9qj00j75jfqdqyxhwumn8ghj77tpvf6jumt9qyghwumn8ghj7u3wddhk56tjvyhxjmcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpzemhxue69uhhyetvv9ujumn0wvh8xmmrd9skcqg5waehxw309aex2mrp0yhxgctdw4eju6t0qy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqzrmhwden5te0dehhxarj9ekk7mgpp4mhxue69uhkummn9ekx7mqqyqknwtnxd4422ya9nh0qrcwfy6q3hhruyqaukvh2fpcu94es3tvu20tf7nt nostr:nevent1qvzqqqqqqypzpqe8ntfgamz8sh3p88w99x5k2r7mksjrvm2xghju9qj00j75jfqdqyxhwumn8ghj77tpvf6jumt9qyghwumn8ghj7u3wddhk56tjvyhxjmcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpzemhxue69uhhyetvv9ujumn0wvh8xmmrd9skcqg5waehxw309aex2mrp0yhxgctdw4eju6t0qy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqzrmhwden5te0dehhxarj9ekk7mgpp4mhxue69uhkummn9ekx7mqqyqknwtnxd4422ya9nh0qrcwfy6q3hhruyqaukvh2fpcu94es3tvu20tf7nt

@ 9f9fda7f:e5e82a43

Apache Kafka Architecture

Apache Kafka Architecture

Apache Kafka is a powerful distributed stream processing platform originally developed by LinkedIn, written in Scala and Java. In this article, I walk through the foundational concepts, design and architecture, concluding with hands-on coding examples using Node.js and the KafkaJS library.

Introduction to Kafka

Kafka enables the processing of real-time data streams in a distributed and scalable manner. It’s widely used in systems requiring reliable communication between components, especially for event-driven architectures and microservices.

However, these words sounds very markety and I like to deconstruct things to its basic first principles so that is what I’m going to do. This guide outlines the essential components, explains the core concepts like brokers, producers, consumers, and topics, and dives into more complex abstractions like partitions, consumer groups, and Kafka’s distributed nature.

Kafka Core Components

Here we discuss the fundamental components of Kafka.

Topics and Messages

Messages in Kafka are organized into logical categories called topics. Each topic is append-only and immutable (ie you cannot go back and edit a message). New data is added sequentially at the end. Disks love that.

There are two topics, one called users with two messages (John and Ed) and a Jobs with two messages Req1 and Req2.

Kafka Broker (Server)

The central server that receives and stores messages sent by producers and allow consumers to read the messages. Clients communicate with brokers via TCP, typically on port 9092.

Kafka broker hosts the topics and messages.

Producers and Consumers:

Producers connects to a broker, sends messages to the Kafka broker by specifying the topic.

Publisher pushes messages to the broker for a topic, messages go to the end.

Consumers connects to a broker, polls messages from a topic for a given broker for processing.

Customer polls messages based on a position

Partitions

I always say the best way to work with billions of rows is to avoid working with billions of row. Kafka is no different.

The topics in Kafka can be divided into partitions to allow data distribution and scalability. Each partition acts as a log that consumers read sequentially. Messages within partitions are identified by their offset, which is the message’s position in the log.

Partitioning

Partitioning enables parallel processing, you can have two consumers each processing a partition in parallel. While this allows scaling and improve reading throughput, it introduces complexity as producers and consumers must be aware of partitioning logic. A topic may have multiple partitions based on partition keys (e.g., A–M in partition 0, N–Z in partition 1).

Pub/Sub vs Queue Model

Kafka supports both pub/sub and queue-based messaging patterns:

• Queue: The topic can be treated as a queue, ie any message published to the queue will be consumed only once and popped from the queue. No two consumers can get the same message.
• Pub/Sub: The topic can be in publish-subscribe entity, ie any message published to the topic can be consumed by different consumers.

Kafka achieves this dual functionality using consumer groups. Each consumer in a group is assigned specific partitions, ensuring messages are processed only once per group.

To simulate a queue , all consumers are placed in the same consumer group (they all have the same group name). Whereas to simulate pub/sub mode you would place all consumers in unique group names.

Consumer Groups and Rebalancing

Each partition in a topic is assigned one consumer in a group. When multiple consumers join the same group, Kafka rebalances partitions among them. Each partition is consumed by only one consumer in a group. This allows horizontal scaling while ensuring order within each partition is maintained. Will demonstrate that in the code section.

Distributed Kafka Clusters and Zookeeper

Kafka operates as a distributed system with multiple brokers. Each broker can be a leader or follower for different partitions. The leader handles reads and writes, while followers replicate data.

Kafka originally relied on Zookeeper to manage broker coordination, metadata, and leader election. Zookeeper tracks which broker is the leader of which partition. However, Zookeeper introduces complexity and is being phased out in newer Kafka versions. Kafka 4.0 no longer has Zookeeper.

On Long Polling

You may ask, how does the consumer get the data the moment it is published to the topic/partition? I encourage you to first think of how could this be implemented.

One approach is push, ie the broker pushes the message to the consumer TCP connection. This approach is real-time, but overwhelms the consumer, as it needs to process the message.

Another approach is polling, ie the consumer every X milliseconds asks the broker, is there anything for me and the broker replies, yes here you go, or no nothing, this approach does allow the consumer to read at its own pace but may introduce severe network chatter, which lead to network bandwidth, it also may causes consumer to miss the real-time message, since the message may have came in to the broker between polls.

The final approach which Kafka went with is long polling which I talked extensively on my backend course. The consumer connects to the broker and sends a normal poll, if there is a message the broker replies back, if there isn’t the broker doesn’t respond with “no”, but instead just wait little bit more (configurable), this increases the chances that messages may arrive during this wait. Once we get a message the broker writes the response. Meanwhile the consumer feels like its poll request just took little longer.

Kafka, Docker and Node Example

We will use docker to install Kafka broker and Zookeeper single mode cluster. Then create a topic called “Users” with two partitions, produce some messages on both partitions and have consumers read from the partitions.

My docker host IP is 192.168.7.179, replace it with your own docker host IP.

You will need to have docker and Node installed to proceed

First we clone the repo and change IP address to your docker host.

```javascript

clone the repo

git clone https://github.com/hnasr/javascript_playground.git

change to the kafka directory

cd javascript_playground/kafka

edit docker-compose.yml, producer.js, topics.js and consumer.js change the 192.168.7.179 with your docker host ip.

cat starthere.txt ```

Spin up Zookeeper and Kafka containers using Docker commands.

```javascript services: zookeeper: image: zookeeper hostname: zookeeper ports: - 2181:2181 volumes: - zookeeper_data:/data - zookeeper_datalog:/datalog

kafka: image: ches/kafka restart: always hostname: localhost ports: - "9092:9092" environment: KAFKA_ADVERTISED_HOST_NAME: 192.168.7.179 ZOOKEEPER_IP: 192.168.7.179 KAFKA_OFFSETS_TOPIC_REPLICATION_FACTOR: 1 ALLOW_PLAINTEXT_LISTENER: 1 depends_on: - zookeeper volumes: - kafka_data:/kafka

volumes: zookeeper_data: zookeeper_datalog: kafka_data: ```

javascript docker-compose up

Create a topic called MyUsers with two partitions, we will use kafkajs module to connect to the kafka broker.

```javascript //const Kafka = require("kafkajs").Kafka const {Kafka} = require("kafkajs")

run(); async function run(){ try { const kafka = new Kafka({ "clientId": "myapp", "brokers" :["192.168.7.179:9092"] })

    const admin = kafka.admin();
    console.log("Connecting.....")
    await admin.connect()
    console.log("Connected!")
    //A-M, N-Z
    await admin.createTopics({
        "topics": [{
            "topic" : "MyUsers",
            "numPartitions": 2
        }]
    })
    console.log("Created Successfully!")
    await admin.disconnect();
}
catch(ex)
{
    console.error(`Something bad happened ${ex}`)
}
finally{
    process.exit(0);
}

} ```

javascript node topics.js

Produce some messages with a producer, the messages are user names. I have the messages starting with letters

```javascript //const Kafka = require("kafkajs").Kafka const {Kafka} = require("kafkajs") const msg = process.argv[2]; run(); async function run(){ try { const kafka = new Kafka({ "clientId": "myapp", "brokers" :["192.168.7.179:9092"] })

    const producer = kafka.producer();
    console.log("Connecting.....")
    await producer.connect()
    console.log("Connected!")
    //A-M 0 , N-Z 1 
    const partition = msg[0] < "N" ? 0 : 1;
    const result =  await producer.send({
        "topic": "Users",
        "messages": [
            {
                "value": msg,
                "partition": partition
            }
        ]
    })

    console.log(`Send Successfully! ${JSON.stringify(result)}`)
    await producer.disconnect();
}
catch(ex)
{
    console.error(`Something bad happened ${ex}`)
}
finally{
    process.exit(0);
}

} ```

javascript node producer.js Adam node producer.js Zack

javascript HusseinMac:kafka HusseinNasser$ node producer.js Adam Connecting..... Connected! Send Successfully! [{"topicName":"MyUsers","partition":0,"errorCode":0,"offset":"0","timestamp":"-1"}] HusseinMac:kafka HusseinNasser$ node producer.js Zack Connecting..... Connected! Send Successfully! [{"topicName":"MyUsers","partition":1,"errorCode":0,"offset":"0","timestamp":"-1"}]

Implement a consumer that subscribes to the topic and handles messages with long polling.

Note that I hard coded a consumer group name “test” in the consumer.js file. Running the consumer.js file will create a new consumer on the MyUsers topic and it will be responsible for both partitions. You can note this from the response"memberAssignment”:{“MyUsers”:[0,1]}

javascript HusseinMac:kafka HusseinNasser$ node consumer.js Connecting..... Connected! {"level":"INFO","timestamp":"2025-04-13T14:29:36.102Z","logger":"kafkajs","message":"[Consumer] Starting","groupId":"test"} {"level":"INFO","timestamp":"2025-04-13T14:29:58.411Z","logger":"kafkajs","message":"[Runner] Consumer has joined the group","groupId":"test","memberId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","leaderId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","isLeader":true,"memberAssignment":{"MyUsers":[0,1]},"groupProtocol":"RoundRobinAssigner","duration":22307} RVD Msg Adam on partition 0 RVD Msg Zack on partition 1

Now assume we run another consumer, which will also have the same group. Kafka will rebalance the group and assign a partition for each consumer so they parallel process.

Note the memberAssignment property for each consumer.

```javascript HusseinMac:kafka HusseinNasser$ node consumer.js (consumer 1) {"level":"ERROR","timestamp":"2025-04-13T14:31:09.360Z","logger":"kafkajs","message":"[Connection] Response Heartbeat(key: 12, version: 0)","broker":"192.168.7.179:9092","clientId":"myapp","error":"The group is rebalancing, so a rejoin is needed","correlationId":39,"size":6} {"level":"ERROR","timestamp":"2025-04-13T14:31:09.361Z","logger":"kafkajs","message":"[Runner] The group is rebalancing, re-joining","groupId":"test","memberId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","error":"The group is rebalancing, so a rejoin is needed","retryCount":0,"retryTime":308} {"level":"INFO","timestamp":"2025-04-13T14:31:09.382Z","logger":"kafkajs","message":"[Runner] Consumer has joined the group","groupId":"test","memberId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","leaderId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","isLeader":true,"memberAssignment":{"MyUsers":[1]},"groupProtocol":"RoundRobinAssigner","duration":21}

HusseinMac:kafka HusseinNasser$ node consumer.js (consumer 2) Connecting..... Connected! {"level":"INFO","timestamp":"2025-04-13T14:31:07.599Z","logger":"kafkajs","message":"[Consumer] Starting","groupId":"test"} {"level":"INFO","timestamp":"2025-04-13T14:31:09.383Z","logger":"kafkajs","message":"[Runner] Consumer has joined the group","groupId":"test","memberId":"myapp-6c861d03-879d-4b7b-81a1-1e2cd1c15c83","leaderId":"myapp-901679c6-034c-4efd-bc4d-cb5fc5bc9e6e","isLeader":false,"memberAssignment":{"MyUsers":[0]},"groupProtocol":"RoundRobinAssigner","duration":1783} ```

Let us publish one message for each partition and see what happens.

javascript node producer.js Adamy node producer.js Zackery

```javascript (consumer 1) RVD Msg Zackery on partition 1 (consumer 2) RVD Msg Adamy on partition 0

```

What happens if more consumers than partitions are available? As per testing, new consumers won’t get any partitions assigned. But a consumer group rebalance may reassign partitions.

Kafka Pros and Cons

By understanding the architecture and design of Apache Kafka we know the fact it is performs well for writes (producing messages), because of the append-only nature. And having the consumer aware of the position to where to read from makes reads also fast. Kafka scales well with partitioning and handle fault tolerant with the distributed nature.

However, no software is free of limitations, with all these features added to Kafka, complexity is unavoidable. Producers needs to be aware of the partitions which introduces complexity in producing messages. The need for distributed architecture, replication introduces depedancies on an external component (Zookeeper) which adds more complexity and even latency. All of this makes Kafka difficult to install, maintain and manage.

Note that Kafka 4.0 that was release in March 2025 has completely removed Zookeeper in favor of a raft based replication between brokers.

Conclusion

Now that you know the basics of Apache Kafka, you will understand its power and its limitations. That is the most important thing. Anything on top of Kafka uses these fundamentals.

If you enjoyed this article, check out my backend and database courses.

https://stas.layer3.press/articles/c11f511b-29f5-4612-a308-004c44183c7b

@ 2b24a1fa:17750f64

Eine Kolumne von Michael Sailer, jeden ersten Freitag bei Radio München, nachzulesen auf sailersblog.de.

https://soundcloud.com/radiomuenchen/belastigungen-35-das-ist-nicht-meine-regierung?

@ d360efec:14907b5f

🚀📉 #BTC วิเคราะห์ H2! พุ่งชน 105K แล้วเจอแรงขาย... จับตา FVG 100.5K เป็นจุดวัดใจ! 👀📊

จากากรวิเคราะห์ทางเทคนิคสำหรับ #Bitcoin ในกรอบเวลา H2:

สัปดาห์ที่แล้ว #BTC ได้เบรคและพุ่งขึ้นอย่างแข็งแกร่งค่ะ 📈⚡ แต่เมื่อวันจันทร์ที่ผ่านมา ราคาได้ขึ้นไปชนแนวต้านบริเวณ 105,000 ดอลลาร์ แล้วเจอแรงขายย่อตัวลงมาตลอดทั้งวันค่ะ 🧱📉

ตอนนี้ ระดับที่น่าจับตาอย่างยิ่งคือโซน H4 FVG (Fair Value Gap ในกราฟ 4 ชั่วโมง) ที่ 100,500 ดอลลาร์ ค่ะ 🎯 (FVG คือโซนที่ราคาวิ่งผ่านไปเร็วๆ และมักเป็นบริเวณที่ราคามีโอกาสกลับมาทดสอบ/เติมเต็ม)

👇 โซน FVG ที่ 100.5K นี้ ยังคงเป็น Area of Interest ที่น่าสนใจสำหรับมองหาจังหวะ Long เพื่อลุ้นการขึ้นในคลื่นลูกถัดไปค่ะ!

🤔💡 อย่างไรก็ตาม การตัดสินใจเข้า Long หรือเทรดที่บริเวณนี้ ขึ้นอยู่กับว่าราคา แสดงปฏิกิริยาอย่างไรเมื่อมาถึงโซน 100.5K นี้ เพื่อยืนยันสัญญาณสำหรับการเคลื่อนไหวที่จะขึ้นสูงกว่าเดิมค่ะ!

เฝ้าดู Price Action ที่ระดับนี้อย่างใกล้ชิดนะคะ! 📍

BTC #Bitcoin #Crypto #คริปโต #TechnicalAnalysis #Trading #FVG #FairValueGap #PriceAction #MarketAnalysis #ลงทุนคริปโต #วิเคราะห์กราฟ #TradeSetup #ข่าวคริปโต #ตลาดคริปโต

@ d61f3bc5:0da6ef4a

I remember the first gathering of Nostr devs two years ago in Costa Rica. We were all psyched because Nostr appeared to solve the problem of self-sovereign online identity and decentralized publishing. The protocol seemed well-suited for textual content, but it wasn't really designed to handle binary files, like images or video.

The Problem

When I publish a note that contains an image link, the note itself is resilient thanks to Nostr, but if the hosting service disappears or takes my image down, my note will be broken forever. We need a way to publish binary data without relying on a single hosting provider.

We were discussing how there really was no reliable solution to this problem even outside of Nostr. Peer-to-peer attempts like IPFS simply didn't work; they were hopelessly slow and unreliable in practice. Torrents worked for popular files like movies, but couldn't be relied on for general file hosting.

Awesome Blossom

A year later, I attended the Sovereign Engineering demo day in Madeira, organized by Pablo and Gigi. Many projects were presented over a three hour demo session that day, but one really stood out for me.

Introduced by hzrd149 and Stu Bowman, Blossom blew my mind because it showed how we can solve complex problems easily by simply relying on the fact that Nostr exists. Having an open user directory, with the corresponding social graph and web of trust is an incredible building block.

Since we can easily look up any user on Nostr and read their profile metadata, we can just get them to simply tell us where their files are stored. This, combined with hash-based addressing (borrowed from IPFS), is all we need to solve our problem.

How Blossom Works

The Blossom protocol (Blobs Stored Simply on Mediaservers) is formally defined in a series of BUDs (Blossom Upgrade Documents). Yes, Blossom is the most well-branded protocol in the history of protocols. Feel free to refer to the spec for details, but I will provide a high level explanation here.

The main idea behind Blossom can be summarized in three points:

1. Users specify which media server(s) they use via their public Blossom settings published on Nostr;
2. All files are uniquely addressable via hashes;
3. If an app fails to load a file from the original URL, it simply goes to get it from the server(s) specified in the user's Blossom settings.

Just like Nostr itself, the Blossom protocol is dead-simple and it works!

Let's use this image as an example:

If you look at the URL for this image, you will notice that it looks like this:

blossom.primal.net/c1aa63f983a44185d039092912bfb7f33adcf63ed3cae371ebe6905da5f688d0.jpg

All Blossom URLs follow this format:

[server]/[file-hash].[extension]

The file hash is important because it uniquely identifies the file in question. Apps can use it to verify that the file they received is exactly the file they requested. It also gives us the ability to reliably get the same file from a different server.

Nostr users declare which media server(s) they use by publishing their Blossom settings. If I store my files on Server A, and they get removed, I can simply upload them to Server B, update my public Blossom settings, and all Blossom-capable apps will be able to find them at the new location. All my existing notes will continue to display media content without any issues.

Blossom Mirroring

Let's face it, re-uploading files to another server after they got removed from the original server is not the best user experience. Most people wouldn't have the backups of all the files, and/or the desire to do this work.

This is where Blossom's mirroring feature comes handy. In addition to the primary media server, a Blossom user can set one one or more mirror servers. Under this setup, every time a file is uploaded to the primary server the Nostr app issues a mirror request to the primary server, directing it to copy the file to all the specified mirrors. This way there is always a copy of all content on multiple servers and in case the primary becomes unavailable, Blossom-capable apps will automatically start loading from the mirror.

Mirrors are really easy to setup (you can do it in two clicks in Primal) and this arrangement ensures robust media handling without any central points of failure. Note that you can use professional media hosting services side by side with self-hosted backup servers that anyone can run at home.

Using Blossom Within Primal

Blossom is natively integrated into the entire Primal stack and enabled by default. If you are using Primal 2.2 or later, you don't need to do anything to enable Blossom, all your media uploads are blossoming already.

To enhance user privacy, all Primal apps use the "/media" endpoint per BUD-05, which strips all metadata from uploaded files before they are saved and optionally mirrored to other Blossom servers, per user settings. You can use any Blossom server as your primary media server in Primal, as well as setup any number of mirrors:

## Conclusion

For such a simple protocol, Blossom gives us three major benefits:

1. Verifiable authenticity. All Nostr notes are always signed by the note author. With Blossom, the signed note includes a unique hash for each referenced media file, making it impossible to falsify.
2. File hosting redundancy. Having multiple live copies of referenced media files (via Blossom mirroring) greatly increases the resiliency of media content published on Nostr.
3. Censorship resistance. Blossom enables us to seamlessly switch media hosting providers in case of censorship.

Thanks for reading; and enjoy! 🌸

@ c9badfea:610f861a

1. Install PocketPal (it's free and open source)
2. Launch the app, open the menu, and navigate to Models
3. Download one or more models (e.g. Phi, Llama, Qwen)
4. Once downloaded, tap Load to start chatting

ℹ️ Experiment with different models and their quantizations (Q4, Q6, Q8, etc.) to find the most suitable one

@ 90c656ff:9383fd4e

Millions of people around the world still lack access to basic banking services, whether due to lack of infrastructure, bureaucratic requirements, or economic instability in their countries. Bitcoin emerges as an innovative solution to this problem, allowing anyone with internet access to have control over their money without relying on banks or governments. By offering an open and accessible financial system, Bitcoin becomes a powerful tool for global financial inclusion.

• The problem of financial exclusion

In many developing countries, a large portion of the population does not have a bank account. This can happen for several reasons, such as:

01 - Lack of access to banks: Many communities, especially in rural areas, do not have nearby financial institutions.

02 - Bureaucratic requirements: Some banks require specific documentation or a credit history that many people cannot provide.

03 - High costs: Banking fees can be prohibitive for those with low incomes.

04 - Economic and political instability: In countries with high inflation or unstable governments, banks may not be a safe option for storing money.

These challenges leave millions of people on the margins of the financial system, unable to save, invest, or carry out transactions efficiently.

• Bitcoin as an alternative

Bitcoin addresses many of the issues of financial exclusion by offering an accessible and decentralized system. With Bitcoin, anyone with a mobile phone and internet access can store and transfer money without needing a bank. Key advantages include:

01 - Global accessibility: Bitcoin can be used anywhere in the world, regardless of the user's location.

02 - No intermediaries: Unlike banks that impose fees and rules, Bitcoin allows direct transactions between people.

03 - Low-cost international transfers: Sending money to another country can be expensive and slow with traditional methods, while Bitcoin offers a faster and more affordable alternative.

04 - Protection against inflation: In countries with unstable currencies, Bitcoin can be used as a store of value, protecting the population’s purchasing power.

• Use cases in financial inclusion

Bitcoin is already being used to promote financial inclusion in various parts of the world. Some examples include:

01 - Africa and Latin America: In countries like Nigeria, Venezuela, and Argentina, where inflation is high and access to U.S. dollars is limited, many people use Bitcoin to preserve their money and make international transactions.

02 - International remittances: Workers sending money to their families abroad avoid the high fees of traditional transfer companies by using Bitcoin.

03 - Digital microeconomy: Small merchants and freelancers without access to bank accounts can receive payments in Bitcoin directly and securely.

• Challenges to financial inclusion with Bitcoin

Despite its advantages, Bitcoin adoption as a tool for financial inclusion still faces some challenges, such as:

01 - Internet access: Many impoverished regions still lack adequate digital infrastructure.

02 - Financial education: Greater knowledge of the technology and best security practices is needed for broader adoption.

03 - Price volatility: Value fluctuations can make Bitcoin difficult to use for everyday expenses, especially in countries where people live on unstable incomes.

In summary, Bitcoin offers a viable solution for millions of people excluded from the traditional financial system. By providing global access, low-cost transactions, and protection from inflation, it becomes a powerful instrument for promoting financial inclusion. However, for its full potential to be realized, it is essential to invest in digital education and expand technological infrastructure, enabling more people to achieve financial autonomy through Bitcoin.

Thank you very much for reading this far. I hope everything is well with you, and sending a big hug from your favorite Bitcoiner maximalist from Madeira. Long live freedom!

@ c1e9ab3a:9cb56b43

Introduction: The Power of Fiction and the Shaping of Collective Morality

Stories define the moral landscape of a civilization. From the earliest mythologies to the modern spectacle of global cinema, the tales a society tells its youth shape the parameters of acceptable behavior, the cost of transgression, and the meaning of justice, power, and redemption. Among the most globally influential narratives of the past half-century is the Star Wars saga, a sprawling science fiction mythology that has transcended genre to become a cultural religion for many. Central to this mythos is the arc of Anakin Skywalker, the fallen Jedi Knight who becomes Darth Vader. In Star Wars: Episode III – Revenge of the Sith, Anakin commits what is arguably the most morally abhorrent act depicted in mainstream popular cinema: the mass murder of children. And yet, by the end of the saga, he is redeemed.

This chapter introduces the uninitiated to the events surrounding this narrative turn and explores the deep structural and ethical concerns it raises. We argue that the cultural treatment of Darth Vader as an anti-hero, even a role model, reveals a deep perversion in the collective moral grammar of the modern West. In doing so, we consider the implications this mythology may have on young adults navigating identity, masculinity, and agency in a world increasingly shaped by spectacle and symbolic narrative.

Part I: The Scene and Its Context

In Revenge of the Sith (2005), the third episode of the Star Wars prequel trilogy, the protagonist Anakin Skywalker succumbs to fear, ambition, and manipulation. Convinced that the Jedi Council is plotting against the Republic and desperate to save his pregnant wife from a vision of death, Anakin pledges allegiance to Chancellor Palpatine, secretly the Sith Lord Darth Sidious. Upon doing so, he is given a new name—Darth Vader—and tasked with a critical mission: to eliminate all Jedi in the temple, including its youngest members.

In one of the most harrowing scenes in the film, Anakin enters the Jedi Temple. A group of young children, known as "younglings," emerge from hiding and plead for help. One steps forward, calling him "Master Skywalker," and asks what they are to do. Anakin responds by igniting his lightsaber. The screen cuts away, but the implication is unambiguous. Later, it is confirmed through dialogue and visual allusion that he slaughtered them all.

There is no ambiguity in the storytelling. The man who will become the galaxy’s most feared enforcer begins his descent by murdering defenseless children.

Part II: A New Kind of Evil in Youth-Oriented Media

For decades, cinema avoided certain taboos. Even films depicting war, genocide, or psychological horror rarely crossed the line into showing children as victims of deliberate violence by the protagonist. When children were harmed, it was by monstrous antagonists, supernatural forces, or offscreen implications. The killing of children was culturally reserved for historical atrocities and horror tales.

In Revenge of the Sith, this boundary was broken. While the film does not show the violence explicitly, the implication is so clear and so central to the character arc that its omission from visual depiction does not blunt the narrative weight. What makes this scene especially jarring is the tonal dissonance between the gravity of the act and the broader cultural treatment of Star Wars as a family-friendly saga. The juxtaposition of child-targeted marketing with a central plot involving child murder is not accidental—it reflects a deeper narrative and commercial structure.

This scene was not a deviation from the arc. It was the intended turning point.

Part III: Masculinity, Militarism, and the Appeal of the Anti-Hero

Darth Vader has long been idolized as a masculine icon. His towering presence, emotionless control, and mechanical voice exude power and discipline. Military institutions have quoted him. He is celebrated in memes, posters, and merchandise. Within the cultural imagination, he embodies dominance, command, and strategic ruthlessness.

For many young men, particularly those struggling with identity, agency, and perceived weakness, Vader becomes more than a character. He becomes an archetype: the man who reclaims power by embracing discipline, forsaking emotion, and exacting vengeance against those who betrayed him. The emotional pain that leads to his fall mirrors the experiences of isolation and perceived emasculation that many young men internalize in a fractured society.

The symbolism becomes dangerous. Anakin's descent into mass murder is portrayed not as the outcome of unchecked cruelty, but as a tragic mistake rooted in love and desperation. The implication is that under enough pressure, even the most horrific act can be framed as a step toward a noble end.

Part IV: Redemption as Narrative Alchemy

By the end of the original trilogy (Return of the Jedi, 1983), Darth Vader kills the Emperor to save his son Luke and dies shortly thereafter. Luke mourns him, honors him, and burns his body in reverence. In the final scene, Vader's ghost appears alongside Obi-Wan Kenobi and Yoda—the very men who once considered him the greatest betrayal of their order. He is welcomed back.

There is no reckoning. No mention of the younglings. No memorial to the dead. No consequence beyond his own internal torment.

This model of redemption is not uncommon in Western storytelling. In Christian doctrine, the concept of grace allows for any sin to be forgiven if the sinner repents sincerely. But in the context of secular mass culture, such redemption without justice becomes deeply troubling. The cultural message is clear: even the worst crimes can be erased if one makes a grand enough gesture at the end. It is the erasure of moral debt by narrative fiat.

The implication is not only that evil can be undone by good, but that power and legacy matter more than the victims. Vader is not just forgiven—he is exalted.

Part V: Real-World Reflections and Dangerous Scripts

In recent decades, the rise of mass violence in schools and public places has revealed a disturbing pattern: young men who feel alienated, betrayed, or powerless adopt mythic narratives of vengeance and transformation. They often see themselves as tragic figures forced into violence by a cruel world. Some explicitly reference pop culture, quoting films, invoking fictional characters, or modeling their identities after cinematic anti-heroes.

It would be reductive to claim Star Wars causes such events. But it is equally naive to believe that such narratives play no role in shaping the symbolic frameworks through which vulnerable individuals understand their lives. The story of Anakin Skywalker offers a dangerous script:

• You are betrayed.
• You suffer.
• You kill.
• You become powerful.
• You are redeemed.

When combined with militarized masculinity, institutional failure, and cultural nihilism, this script can validate the darkest impulses. It becomes a myth of sacrificial violence, with the perpetrator as misunderstood hero.

Part VI: Cultural Responsibility and Narrative Ethics

The problem is not that Star Wars tells a tragic story. Tragedy is essential to moral understanding. The problem is how the culture treats that story. Darth Vader is not treated as a warning, a cautionary tale, or a fallen angel. He is merchandised, celebrated, and decontextualized.

By separating his image from his actions, society rebrands him as a figure of cool dominance rather than ethical failure. The younglings are forgotten. The victims vanish. Only the redemption remains. The merchandise continues to sell.

Cultural institutions bear responsibility for how such narratives are presented and consumed. Filmmakers may intend nuance, but marketing departments, military institutions, and fan cultures often reduce that nuance to symbol and slogan.

Conclusion: Reckoning with the Stories We Tell

The story of Anakin Skywalker is not morally neutral. It is a tale of systemic failure, emotional collapse, and unchecked violence. When presented in full, it can serve as a powerful warning. But when reduced to aesthetic dominance and easy redemption, it becomes a tool of moral decay.

The glorification of Darth Vader as a cultural icon—divorced from the horrific acts that define his transformation—is not just misguided. It is dangerous. It trains a generation to believe that power erases guilt, that violence is a path to recognition, and that final acts of loyalty can overwrite the deliberate murder of the innocent.

To the uninitiated, Star Wars may seem like harmless fantasy. But its deepest myth—the redemption of the child-killer through familial love and posthumous honor—deserves scrutiny. Not because fiction causes violence, but because fiction defines the possibilities of how we understand evil, forgiveness, and what it means to be a hero.

We must ask: What kind of redemption erases the cries of murdered children? And what kind of culture finds peace in that forgetting?

@ d360efec:14907b5f

@ 52b4a076:e7fad8bd

Introduction

Me and Fishcake have been working on infrastructure for Noswhere and Nostr.build. Part of this involves processing a large amount of Nostr events for features such as search, analytics, and feeds.

I have been recently developing nosdex v3, a newer version of the Noswhere scraper that is designed for maximum performance and fault tolerance using FoundationDB (FDB).

Fishcake has been working on a processing system for Nostr events to use with NB, based off of Cloudflare (CF) Pipelines, which is a relatively new beta product. This evening, we put it all to the test.

First preparations

We set up a new CF Pipelines endpoint, and I implemented a basic importer that took data from the nosdex database. This was quite slow, as it did HTTP requests synchronously, but worked as a good smoke test.

Asynchronous indexing

I implemented a high-contention queue system designed for highly parallel indexing operations, built using FDB, that supports: - Fully customizable batch sizes - Per-index queues - Hundreds of parallel consumers - Automatic retry logic using lease expiration

When the scraper first gets an event, it will process it and eventually write it to the blob store and FDB. Each new event is appended to the event log.

On the indexing side, a Queuer will read the event log, and batch events (usually 2K-5K events) into one work job. This work job contains: - A range in the log to index - Which target this job is intended for - The size of the job and some other metadata

Each job has an associated leasing state, which is used to handle retries and prioritization, and ensure no duplication of work.

Several Workers monitor the index queue (up to 128) and wait for new jobs that are available to lease.

Once a suitable job is found, the worker acquires a lease on the job and reads the relevant events from FDB and the blob store.

Depending on the indexing type, the job will be processed in one of a number of ways, and then marked as completed or returned for retries.

In this case, the event is also forwarded to CF Pipelines.

Trying it out

The first attempt did not go well. I found a bug in the high-contention indexer that led to frequent transaction conflicts. This was easily solved by correcting an incorrectly set parameter.

We also found there were other issues in the indexer, such as an insufficient amount of threads, and a suspicious decrease in the speed of the Queuer during processing of queued jobs.

Along with fixing these issues, I also implemented other optimizations, such as deprioritizing Worker DB accesses, and increasing the batch size.

To fix the degraded Queuer performance, I ran the backfill job by itself, and then started indexing after it had completed.

Bottlenecks, bottlenecks everywhere

After implementing these fixes, there was an interesting problem: The DB couldn't go over 80K reads per second. I had encountered this limit during load testing for the scraper and other FDB benchmarks.

As I suspected, this was a client thread limitation, as one thread seemed to be using high amounts of CPU. To overcome this, I created a new client instance for each Worker.

After investigating, I discovered that the Go FoundationDB client cached the database connection. This meant all attempts to create separate DB connections ended up being useless.

Using OpenWithConnectionString partially resolved this issue. (This also had benefits for service-discovery based connection configuration.)

To be able to fully support multi-threading, I needed to enabled the FDB multi-client feature. Enabling it also allowed easier upgrades across DB versions, as FDB clients are incompatible across versions:

FDB_NETWORK_OPTION_EXTERNAL_CLIENT_LIBRARY="/lib/libfdb_c.so" FDB_NETWORK_OPTION_CLIENT_THREADS_PER_VERSION="16"

Breaking the 100K/s reads barrier

After implementing support for the multi-threaded client, we were able to get over 100K reads per second.

You may notice after the restart (gap) the performance dropped. This was caused by several bugs: 1. When creating the CF Pipelines endpoint, we did not specify a region. The automatically selected region was far away from the server. 2. The amount of shards were not sufficient, so we increased them. 3. The client overloaded a few HTTP/2 connections with too many requests.

I implemented a feature to assign each Worker its own HTTP client, fixing the 3rd issue. We also moved the entire storage region to West Europe to be closer to the servers.

After these changes, we were able to easily push over 200K reads/s, mostly limited by missing optimizations:

It's shards all the way down

While testing, we also noticed another issue: At certain times, a pipeline would get overloaded, stalling requests for seconds at a time. This prevented all forward progress on the Workers.

We solved this by having multiple pipelines: A primary pipeline meant to be for standard load, with moderate batching duration and less shards, and high-throughput pipelines with more shards.

Each Worker is assigned a pipeline on startup, and if one pipeline stalls, other workers can continue making progress and saturate the DB.

The stress test

After making sure everything was ready for the import, we cleared all data, and started the import.

The entire import lasted 20 minutes between 01:44 UTC and 02:04 UTC, reaching a peak of: - 0.25M requests per second - 0.6M keys read per second - 140MB/s reads from DB - 2Gbps of network throughput

FoundationDB ran smoothly during this test, with: - Read times under 2ms - Zero conflicting transactions - No overloaded servers

CF Pipelines held up well, delivering batches to R2 without any issues, while reaching its maximum possible throughput.

Finishing notes

Me and Fishcake have been building infrastructure around scaling Nostr, from media, to relays, to content indexing. We consistently work on improving scalability, resiliency and stability, even outside these posts.

Many things, including what you see here, are already a part of Nostr.build, Noswhere and NFDB, and many other changes are being implemented every day.

If you like what you are seeing, and want to integrate it, get in touch. :)

If you want to support our work, you can zap this post, or register for nostr.land and nostr.build today.

@ c1831fbe:de4b39bf

What follows is my best effort to recall the details of an arguably supernatural encounter I experienced almost sixty years ago. I've told this story many times before, and while my recollection may not be perfect in every detail, my account is real and substantively factual.

It was early one long ago morning, in that twilit between-time shortly before dawn. As I dangled precariously in a quasi-aware state, hovering on the knife edge between wakefulness and sleep, I was transported in a dream to another place and time. Was it the Mediterranean coast? Perhaps ancient Greece?

In my mind's eye, I found myself climbing a rather steep, rocky hillside overlooking a sparkling bright blue sea. Ahead of me, and slightly higher, was what appeared to be a young shepherd boy, leading me ever higher up the hill.

As we wove our way upward,

skirting rocky outcroppings and zig-zagging because of the steepness of the slope, I heard the boy chanting:

"Ata, Ata, Archontos, Ata, Ata, Echousi, Ata, Ata, Archousi"

He kept repeating the mantra, over and over:

"Ata, Ata, Archontos, Ata, Ata, Echousi, Ata, Ata, Archousi"

\~ \~ \~

"Ata, Ata, Archontos, Ata, Ata, Echousi, Ata, Ata, Archousi"

I listened for a few cycles, and then took up the chant myself. After several attempts, when at last I got it right, the shepherd boy turned, looking back at me and smiling broadly to signal that I had finally mastered the cadence and the words.

Then I awoke.

Because my dream had been so vivid and unusual, I immediately found a pencil and paper to write down the chant phonetically before I could forget it.

A few days passed.

Life was busy. Then I remembered my friend in grad school, studying biblical Greek. That weekend, I went and hung out with him while he worked his night job at the college heating plant. Between his rounds inspecting and managing the steam boilers keeping students from freezing to death in the Arctic Midwest winter, I told him about my strange dream.

Pulling out an exhaustive Greek lexicon, one by one, my knowledgeable friend looked up the words from my dream, interpreting each according to its verb conjugation, tense, and mood.

"Ata, Ata" had no discernible meaning; we soon concluded that it was probably just meaningless vocables, added to give the chant rhythm and substance. My friend moved on to the first recognizable word of the chant...

"Archontos" - "They are ruled."

OK, so far, so good. He checked the next word:

"Echousi" - "They shed blood."

Hmmmm... This chant is beginning to appear to be more than random sounds.

"Archousi" - "They rule."

At this point, I almost fell out of my chair in shock. Far from being a meaningless chant, this cycle—repeating again and again—is the seemingly never-ending story of the entirety of human history...

"They Are Ruled, They Shed Blood, They Rule."

\~ \~ \~

"They Are Ruled, They Shed Blood, They Rule."

This concise mantra perfectly captures the endlessly repeating cycle of oppression, revolt, and revolution that always leaves us with a fresh set of oppressors all too ready to replace the last.

Who will rescue us?

Who will redeem us from this endless tedious cycle into which we have been born?

A long lifetime of study and reflection has persuaded me that this deadly cycle can and ultimately will be broken. If we follow the teachings of Jesus; if we love one another and live together in voluntary, local societies, serving each other; I am persuaded that we can break free of this desperately destructive cycle of endlessly seeking to dominate one another. It's past time for us to enter into a mutually beneficial life in the Kingdom of our Creator-God Jesus, the most authentically benevolent King the universe has ever known.

stories #politics #Christianity #supernatural #strange

@ d360efec:14907b5f

สวัสดีค่ะเพื่อนๆ นักเทรดที่น่ารักทุกคน! 💕 Lina Engword กลับมาพร้อมกับการวิเคราะห์ BTCUSDT.P แบบเจาะลึกเพื่อเตรียมพร้อมสำหรับเทรดวันนี้ค่ะ! 🚀

วันนี้ 12 พฤษภาคม 2568 เวลา 08.15น. ราคา BTCUSDT.P อยู่ที่ 104,642.8 USDT ค่ะ โดยมี Previous Weekly High (PWH) อยู่ที่ 104,967.8 Previous Weekly Low (PWL) ที่ 93,338 ค่ะ

✨ ภาพรวมตลาดวันนี้ ✨

จากการวิเคราะห์ด้วยเครื่องมือคู่ใจของเรา ทั้ง SMC/ICT (Demand/Supply Zone, Order Block, Liquidity), EMA 50/200, Trend Strength, Money Flow, Chart/Price Pattern, Premium/Discount Zone, Trend line, Fibonacci, Elliott Wave และ Dow Theory ใน Timeframe ตั้งแต่ 15m ไปจนถึง Week! 📊 เราพบว่าภาพใหญ่ของ BTCUSDT.P ยังคงอยู่ในแนวโน้มขาขึ้นที่แข็งแกร่งมากๆ ค่ะ 👍 โดยเฉพาะใน Timeframe Day และ Week ที่สัญญาณทุกอย่างสนับสนุนทิศทางขาขึ้นอย่างชัดเจน Money Flow ยังไหลเข้าอย่างต่อเนื่อง และเราเห็นโครงสร้างตลาดแบบ Dow Theory ที่ยก High ยก Low ขึ้นไปเรื่อยๆ ค่ะ

อย่างไรก็ตาม... ใน Timeframe สั้นๆ อย่าง 15m และ 1H เริ่มเห็นสัญญาณของการชะลอตัวและการพักฐานบ้างแล้วค่ะ 📉 อาจมีการสร้าง Buyside และ Sellside Liquidity รอให้ราคาไปกวาดก่อนที่จะเลือกทางใดทางหนึ่ง ซึ่งเป็นเรื่องปกติของการเดินทางของ Smart Money ค่ะ

⚡ เปรียบเทียบแนวโน้มแต่ละ Timeframe ⚡

🪙 แนวโน้มตรงกัน Timeframe 4H, Day, Week ส่วนใหญ่ชี้ไปทาง "ขาขึ้น" ค่ะ ทุกเครื่องมือสนับสนุนแนวโน้มนี้อย่างแข็งแกร่ง 💪 เป้าหมายต่อไปคือการไปทดสอบ PWH และ High เดิม เพื่อสร้าง All-Time High ใหม่ค่ะ! 🪙 แนวโน้มต่างกัน Timeframe 15m, 1H ยังค่อนข้าง "Sideways" หรือ "Sideways Down เล็กน้อย" ค่ะ มีการบีบตัวของราคาและอาจมีการพักฐานสั้นๆ ซึ่งเป็นโอกาสในการหาจังหวะเข้า Long ที่ราคาดีขึ้นค่ะ

💡 วิธีคิดแบบ Market Slayer 💡

เมื่อแนวโน้มใหญ่เป็นขาขึ้นที่แข็งแกร่ง เราจะเน้นหาจังหวะเข้า Long เป็นหลักค่ะ การย่อตัวลงมาในระยะสั้นคือโอกาสของเราในการเก็บของ! 🛍️ เราจะใช้หลักการ SMC/ICT หาโซน Demand หรือ Order Block ที่ Smart Money อาจจะเข้ามาดันราคาขึ้น และรอสัญญาณ Price Action ยืนยันการกลับตัวค่ะ

สรุปแนวโน้มวันนี้:

🪙 ระยะสั้น: Sideways to Sideways Down (โอกาส 55%) ↔️↘️ 🪙 ระยะกลาง: ขาขึ้น (โอกาส 70%) ↗️ 🪙 ระยะยาว: ขาขึ้น (โอกาส 85%) 🚀 🪙 วันนี้: มีโอกาสย่อตัวเล็กน้อยก่อนจะมีแรงซื้อกลับเข้ามาเพื่อไปทดสอบ PWH (โอกาส Sideways Down เล็กน้อย สลับกับ Sideways Up: 60%) 🎢

🗓️ Daily Trade Setup ประจำวันนี้ 🗓️

นี่คือตัวอย่าง Setup ที่ Lina เตรียมไว้ให้พิจารณาค่ะ (เน้นย้ำว่าเป็นเพียงแนวทาง ไม่ใช่คำแนะนำลงทุนนะคะ)

1️⃣ ตัวอย่างที่ 1: รอรับที่โซน Demand (ปลอดภัย, รอยืนยัน)

🪙 Enter: รอราคาย่อตัวลงมาในโซน Demand Zone หรือ Bullish Order Block ที่น่าสนใจใน TF 1H/4H (ดูจากกราฟประกอบนะคะ) และเกิดสัญญาณ Bullish Price Action ที่ชัดเจน เช่น แท่งเทียนกลืนกิน (Engulfing) หรือ Hammer 🪙 TP: บริเวณ PWH 104,967.8 หรือ Buyside Liquidity ถัดไป 🎯 🪙 SL: ใต้ Low ที่เกิดก่อนสัญญาณกลับตัวเล็กน้อย หรือใต้ Demand Zone ที่เข้า 🛡️ 🪙 RRR: ประมาณ 1:2.5 ขึ้นไป ✨ 🪙 อธิบาย: Setup นี้เราจะใจเย็นๆ รอให้ราคาลงมาในโซนที่มีโอกาสเจอแรงซื้อเยอะๆ ตามหลัก SMC/ICT แล้วค่อยเข้า เพื่อให้ได้ราคาที่ดีและความเสี่ยงต่ำค่ะ ต้องรอสัญญาณ Price Action ยืนยันก่อนนะคะ ✍️

2️⃣ ตัวอย่างที่ 2: Follow Breakout (สายบู๊, รับความเสี่ยงได้)

🪙 Enter: เข้า Long ทันทีเมื่อราคาสามารถ Breakout เหนือ High ล่าสุดใน TF 15m หรือ 1H พร้อม Volume ที่เพิ่มขึ้นอย่างมีนัยสำคัญ 🔥 🪙 TP: บริเวณ PWH 104,967.8 หรือ Buyside Liquidity ถัดไป 🚀 🪙 SL: ใต้ High ก่อนหน้าที่ถูก Breakout เล็กน้อย 🚧 🪙 RRR: ประมาณ 1:3 ขึ้นไป ✨ 🪙 อธิบาย: Setup นี้เหมาะกับคนที่อยากเข้าไวเมื่อเห็นโมเมนตัมแรงๆ ค่ะ เราจะเข้าเมื่อราคา Breakout แนวต้านระยะสั้นพร้อม Volume เป็นสัญญาณว่าแรงซื้อกำลังมาค่ะ เข้าได้เลยด้วยการตั้ง Limit Order หรือ Market Order เมื่อเห็นการ Breakout ที่ชัดเจนค่ะ 💨

3️⃣ ตัวอย่างที่ 3: พิจารณา Short สั้นๆ ในโซน Premium (สวนเทรนด์หลัก, ความเสี่ยงสูง)

🪙 Enter: หากราคาขึ้นไปในโซน Premium ใน TF 15m หรือ 1H และเกิดสัญญาณ Bearish Price Action ที่ชัดเจน เช่น แท่งเทียน Shooting Star หรือ Bearish Engulfing บริเวณ Supply Zone หรือ Bearish Order Block 🐻 🪙 TP: พิจารณาแนวรับถัดไป หรือ Sellside Liquidity ใน TF เดียวกัน 🎯 🪙 SL: เหนือ High ของสัญญาณ Bearish Price Action เล็กน้อย 💀 🪙 RRR: ประมาณ 1:1.5 ขึ้นไป (เน้นย้ำว่าเป็นการเทรดสวนเทรนด์หลัก ควรใช้ RRR ต่ำและบริหารขนาด Lot อย่างเข้มงวด!) 🪙 อธิบาย: Setup นี้สำหรับคนที่เห็นโอกาสในการทำกำไรจากการย่อตัวระยะสั้นค่ะ เราจะเข้า Short เมื่อเห็นสัญญาณว่าราคาอาจจะมีการพักฐานในโซนที่ถือว่า "แพง" ในกรอบสั้นๆ ค่ะ ต้องตั้ง Stop Loss ใกล้มากๆ และจับตาดูใกล้ชิดนะคะ 🚨

⚠️ Disclaimer: การวิเคราะห์นี้เป็นเพียงความคิดเห็นส่วนตัวของ Lina เท่านั้น ไม่ถือเป็นคำแนะนำในการลงทุนนะคะ การลงทุนมีความเสี่ยง ผู้ลงทุนควรศึกษาข้อมูลเพิ่มเติมและตัดสินใจด้วยความรอบคอบค่ะ 🙏

ขอให้ทุกท่านโชคดีกับการเทรดในวันนี้ค่ะ! มีคำถามอะไรเพิ่มเติม ถามมาได้เลยนะคะ ยินดีเสมอค่ะ! 😊

Bitcoin #BTCUSDT #Crypto #Trading #TechnicalAnalysis #SMC #ICT #MarketSlayer #TradeSetup #คริปโต #เทรดคริปโต #วิเคราะห์กราฟ #LinaEngword 😉

@ 2b24a1fa:17750f64

Das Kriegsgrauen kriecht unter die Haut. Bilder von verstümmelten Beinen und Armen, von Kriegstraumatisierten schweigenden Männern, von Kriegsgräbern steigen auf. Als Mutter, Schwester, Tante, Großmutter wachsen die Ängste, dass sich ein Verwandter von der politischen und medialen Kriegslust anstecken lässt und tatsächlich die Beteiligung an den näher kommenden kriegerischen Auseinandersetzungen in Erwägung zieht. Einen wütenden Kommentar anlässlich der wachsenden Kriegstreiberei verfasste unser Autor Nicolas Riedl.

https://soundcloud.com/radiomuenchen/sofa-soldaten-an-die-front-von-nicolas-riedl?

Bild: KI

@ c9badfea:610f861a

1. Install EtchDroid (it's free and open source)
2. Launch the app, then tap What's Supported? to check compatibility with devices and disk images
3. Insert the USB drive
4. Tap Write An Image, then select the desired image file
5. Tap Grant Access, confirm, and then tap Write image
6. Optionally, allow notifications to be notified when the process is complete
7. Your bootable USB drive is now ready

⚠️ This app has telemetry enabled by default. Make sure to turn it off in the app menu. If you trust F-Droid, you can get a telemetry-free version from there

⚠️ Avoid moving the phone during the image writing process

@ c9badfea:610f861a

1. Install Grayjay (it's free and open source)
2. Launch the app and navigate to the Sources tab
3. Enable the desired sources (and log in if needed by tapping on the source and scrolling down to Authentication)
4. Go to Android Settings > Apps, select Grayjay, and tap Open By Default and Add Link to automatically open supported links with Grayjay
5. Enjoy

ℹ️ If you are using Obtainium to install apps, search for Grayjay on Complex Apps

@ 04ea4f83:210e1713

30. November 2022

Sehr geehrter Herr Bindseil und Herr Schaff von der Europäischen Zentralbank,

Ich schreibe Ihnen heute, am Tag der Veröffentlichung Ihres EZB-Blog-Berichts „Bitcoin's Last Stand", sowohl mit Belustigung als auch mit Bestürzung. Ich amüsiere mich darüber, wie albern und hilflos Sie beide erscheinen, indem Sie sich auf müde und längst widerlegte Erzählungen über Bitcoin und seine Nutzlosigkeit und Verschwendung stützen. Und ich bin beunruhigt, weil ich von zwei sehr gut ausgebildeten und etablierten Mitgliedern Ihres Fachgebiets eine viel differenziertere kritische Sichtweise auf den aufkeimenden Bitcoin und die Lightning Skalierungslösung erwartet hätte.

Sie haben sich mit Ihren dilettantischen Versuchen, Angst, Unsicherheit und Zweifel an einem globalen Open-Source-Kooperationsprojekt zu säen, das als ein ständig wachsendes Wertspeicher und -übertragungssystem für viele Millionen Menschen weltweit fungiert, wirklich einen Bärendienst erwiesen. Ein System, das jedes Jahr von mehr und mehr Menschen genutzt wird, da sie von seiner Effektivität und seinem Nutzen erfahren. Und ein System, das noch nie gehackt oder geknackt wurde, das funktioniert, um die „Banklosen" zu versorgen, besonders in den Ländern und Orten, wo sie von finsteren totalitären Regierungen schwer unterdrückt oder von der finanziell „entwickelten" Welt einfach im Stich gelassen wurden. In der Tat ist Bitcoin bereits gesetzliches Zahlungsmittel in El Salvador und der Zentralafrikanischen Republik, und erst gestern erhielt er in Brasilien den Status eines „Zahlungsmittels".

Es entbehrt nicht einer gewissen Ironie, wenn ich schreibe, dass Sie das Ziel so gründlich verfehlen, insbesondere weil die Bank- und Finanzsysteme, zu denen Sie gehören, für eine Energie- und Materialverschwendung verantwortlich sind, die um Größenordnungen größer ist als die Systeme und Ressourcen, die das Bitcoin-Netzwerk antreiben und erhalten. Ich bin mir sicher, dass Sie sich der revolutionären kohlenstoff- und treibhausgasreduzierenden Effekte bewusst sind, die Bitcoin-Mining-Anlagen haben, wenn sie neben Methan-emittierenden Mülldeponien und/oder Ölproduktionsanlagen angesiedelt sind. Und ich weiß, dass Sie auch gut über solar- und windbetriebene Bitcoin-Mining-Cluster informiert sind, die dabei helfen, Mikronetze in unterversorgten Gemeinden einzurichten.

Ich könnte noch weiter darüber sprechen, wie das Lightning-Netzwerk implementiert wird, um Überweisungszahlungen zu erleichtern sowie Finanztechnologie und Souveränität in Gemeinden in Laos und Afrika südlich der Sahara zu bringen. Aber lassen Sie mich zu dem Teil kommen, der einen gewöhnlichen Menschen wie mich einfach zutiefst traurig macht. Bitcoin ist, wie Sie sehr wohl wissen (trotz Ihrer dummen und veralteten Verleumdungen), ein technologisches Netzwerk, das nicht auf nationaler oder internationaler Verschuldung oder der Laune von Politikern basiert oder durch sie entwertet wird. Es ist ein System, das jenseits der Kontrolle einer einzelnen Person, eines Landes oder einer Gruppe von Ländern liegt. Wenn Bitcoin sprechen könnte (was er in der Tat ungefähr alle zehn Minuten tut, durch das elektro-mathematische Knistern und Summen des Wahrheitsfeuers), würde er diese Worte aussprechen:

„Über allen Völkern steht die Menschlichkeit".\ \ Als Bankiers der Europäischen Union, als Menschen von der Erde, als biologische Wesen, die denselben Gesetzen des Verfalls und der Krankheit unterliegen wie alle anderen Wesen, wäre es da nicht erfrischend für Sie beide, das Studium und die Teilnahme an einer Technologie zu begrüßen, die die Arbeit und die Bemühungen der sich abmühenden Menschen auf unserem Planeten bewahrt, anstatt sie zu entwerten? Wie die Bitcoin-Kollegin Alyse Killeen wiederholt gesagt hat: „Bitcoin ist FinTech für arme Menschen".

Ich bin dankbar für Ihre Aufmerksamkeit und hoffe, dass Sie über Bitcoin nachdenken und es gründlicher studieren werden.

Mit freundlichen Grüßen,

Cosmo Crixter

@ 04ea4f83:210e1713

Digitales Geld ist nur Text, die ganze Zeit

Bei digitalem Geld geht es im Grunde nur um Zahlen in einem Hauptbuch. Die ganze Zeit über sind es die Zahlen, auf die es ankommt. Lange Zahlen sind einfach nur Zeichenketten im PC und diese werden als Nachrichten in einem Netzwerk, das durch Regeln gebildet wird, an gleichwertige Peers gesendet - das ist Bitcoin, das mit einem einzigartigen dezentralen Zeitstempel-Algorithmus kombiniert wird, der durch die Unfälschbarkeit von Energie gesichert ist. Das Ergebnis ist ein Bargeldnetzwerk mit einem festen, vorprogrammierten Zeitplan für die Geldschöpfung, das den ersten absolut knappen digitalen Inhabervermögenswert schafft.\ \ Diese revolutionären Ideen werden bleiben, genauso wie das Feuer, das Rad, die Elektrizität, das Smartphone, das Internet oder die Zahl Null. Technologie entwickelt sich weiter und was machen lebende Organismen? Sie können mutieren, genau wie Viren, und das hat mich zu dem Schluss gebracht, dass es auch in dieser Hinsicht eine Verbindung gibt und das obwohl Gigi bereits einige der vielen Facetten von Bitcoin beschrieben hat. Für mich ist die Grundlage die Abstraktion, dass Bitcoin nur die Summe aller Menschen ist, die Satoshis besitzen oder anderweitig mit dem Bitcoin-Netzwerk interagieren.\ \ Die Technologien werden in einem bestimmten Tempo angenommen. Allerdings gibt es immer frühe oder späte Entdecker von neuer Technologie. Aber was passiert, wenn es zu einer ernsthaften Bedrohung wird, wenn hartes Geld nicht adoptiert wird? Was passiert, wenn die Geschwindigkeit der Preiszunahme so hoch wird, dass es unmöglich ist, jemanden zu finden, der Satoshi in Fiat tauschen möchte? Was passiert, wenn die Hyperbitcoinisierung morgen beginnt? Was wäre, wenn es eine UpSideProtection™️ gäbe, die diesen Prozess noch mehr beschleunigt und dir Bitcoin zu einem Bruchteil seines wahren Wertes sichert?\ \ Wir alle wünschen uns einen sicheren Übergang, um den Krieg aufgrund einer scheiternden Dollar-Hegemonie zu vermeiden, und tatsächlich gibt es ein Rennen, um den Krieg zu vermeiden. Mein größtes Geschenk ist die Zeit, die ich ich investiere, und die monetäre Energie, die ich in Bitcoin spare, und da ich schon eine Weile dabei bin, sehe ich, dass meine Mitstreiter die gleiche Mission verfolgen. Aber das ist NICHT genug. Wir müssen skalieren. Schneller.\ \ Das Erstaunen über den  Kurzfilm der große Widerstand hat mich zu dem Schluss gebracht, dass wir alle Werkzeuge und Informationen in Form von Lehrern, Podcasts, Büchern und aufklärenden Videos bereits haben. Der Vorteil einer festen Geldmenge wird aber noch nicht von einer kritischen Masse verstanden, sondern nur von einer intoleranten Minderheit. Diese Minderheit wächst von Tag zu Tag. Ihre Inkarnationen sind die DCA-Armee, die Hodler der letzten Instanz, die unbeirrten Stacker, die Cyberhornets, die Memefactory™️ und Mitglieder der 21 Gruppe auf der ganzen Welt.\ \ Wir Bitcoiner sind räumlich getrennt, aber nicht in der Zeit. Getrennt in der Sprache, aber nicht in der Mission. Vereint müssen wir uns zu Wort melden, aufklären und Bitcoin wie einen Virus verbreiten.\ \ Niemand entscheidet, was Bitcoin für dich ist - dieser Virus des Geistes verfestigt sich in unbestechlichen Zahlen, die zu einer wachsenden Zahl an UTXOs in den Geldbörsen führen, nicht in negativen gesundheitlichen Auswirkungen. Bitcoin ist der Virus der Schuldenindustrie, der Virus, der im 21. Jahrhundert zur größten Definanzialisierung und Auflösung des Kredits führen wird. Da wir noch nicht in einer hyperbitcoinisierten Welt leben, müssen wir den Virus effektiver machen. Bitcoin muss mutieren, aber es ist nicht Bitcoin, der tatsächlich mutiert, sondern die Menschen, die ihn benutzen. Sie werden zu toxischen Maximalisten, die den Virus noch stärker verbreiten und alle Shitcoiner während ihrer Anwesenheit geistig infizieren oder argumentativ töten.\ \ Ich habe mich gefragt, wie wir eine Milliarde Menschen dazu ausbilden und überzeugen können, Bitcoin freiwillig zu nutzen und darin zu sparen, so dass sie Bitcoin als primäres Mittel zur Speicherung und Übermittlung von Werten in Raum und Zeit nutzen? Die Hyperbitcoinisierung braucht nur eine einzige, starke positive Rückkopplungsschleife um wirklich in Gang zu kommen, und diese Rückkopplung gibt es bereits, aber nicht in den Köpfen aller. Ab einer bestimmten Schwelle wird die Schwerkraft von Bitcoins gehärteten monetären Eigenschaften einfach zu hoch sein, als dass die Spieltheorie nicht zu dieser Rückkopplung führen würde, vor allem da Bitcoin im Jahr 2024 Gold in Punkto Knappheit übertrifft.\ \ Die Verbreitung der Idee einer festen dezentralen Geldmenge, die der Macht zentraler Kräfte entzogen ist, ist der Virus. Der Weg, das Spiel zu spielen, ist, Stacker zu stapeln, und Stacker stapeln Sats, wodurch die Geldmenge noch dezentralisierter wird und ein Verbot noch absurder wird. Sats sind endlich und unser Spiel ist es auch. Allein eine bestimmte Anzahl von einfachen Leuten, den Plebs, kann den Preis auf 1.000.000 EURO treiben.\ \ Letztendlich wird sich die Welt an das neue Gleichgewicht der Macht zugunsten des Individuums anpassen. Diese Idee in die Köpfe der Massen zu bringen, ist die wichtigste Aufgabe für 2023, die in das nächste Halving Mitte 2024 führt.\ \ Wir müssen unseren Reproduktionswert erhöhen, um die Akzeptanz zu steigern. Die Verwendung von Bitcoin als Zahlungsmittel und eine Kreislaufwirtschaft ist wichtig. Bildung ist wichtig. Apps und Anwendungsfälle sind wichtig. Die Kaufkraft, d.h. die Moskau Zeit, die sich in Richtung Mitternacht (00:00) bewegt, spielt eine Rolle, und all dies hängt zusammen.\ \ Aber wie genau können Plebs eine Milliarde Menschen überzeugen?\ \ Wie genau hat das Corona-Virus eine Milliarde Menschen infiziert?\ \ Peer-to-Peer.\ \ Erhebe deine Stimme, wer auch immer du bist, sprich über Bitcoin, werde aktiv und BUIDL oder lass uns einfach Spaß daran haben, arm zu bleiben und es genießen, jeden Tag bestohlen zu werden.\ \ Lass uns Yellow mehr Freizeit schenken und Bitcoin bis 100k+ aufkaufen und uns damit ins Stackheaven befördern.

"Don't stop believin' HODL on to that feelin' "

Der Rest wird in die unumstößliche Geschichte der Timechain eingraviert.

„Unter dieser Maske gibt es mehr als nur Fleisch. Unter dieser Maske ist eine Idee. Und Ideen sind kugelsicher."  Alan Moore, V wie Vendetta

⚡

Danke für deine Aufmerksamkeit .\ \ #GetShortFiat und #GetOnZero\ \ Es ist immer noch 60 Uhr. Sei weise und stapele unbeirrt. Man kann die Mathematik und Physik nicht austricksen.\ \ Wenn der Post dir Motivation zum Stapeln von Sats oder dem Stapeln von Stackern gemacht hat, freue ich mich, wenn du mir auch etwas beim Stapeln hilfst!

@ c9badfea:610f861a

1. Install FUTO Keyboard (it's free and open source)
2. Launch the app, tap Switch Input Methods and select FUTO Keyboard
3. For voice input, choose FUTO Keyboard (needs mic permission) and grant permission While Using The App
4. Configure keyboard layouts under Languages & Models as needed

Adding Support for Non-English Languages

Voice Input

1. Download voice input models from the FUTO Keyboard Add-Ons page
   • For languages like Chinese, German, Spanish, Russian, French, Portuguese, Korean, and Japanese, download the Multilingual-74 model
   • For other languages, download Multilingual-244
2. Open FUTO Keyboard, go to Languages & Models, and import the downloaded model under Voice Input

Dictionaries

1. Get dictionary files from AOSP Dictionaries
2. Open FUTO Keyboard, navigate to Languages & Models, and import the dictionary under Dictionary

ℹ️ When typing, tap the microphone icon to use voice input

@ 5edbd885:5fbc291e

Because Bitcoin operates outside traditional financial and political systems, engaging with it can create cognitive dissonance.

This uneasy tension is felt in the space between a lifetime of systemic conditioning and the reality of a protocol that functions beyond anything we have ever known.

Bitcoin challenges deeply ingrained assumptions about what money is, who should control it, and how trust is established in society. 

Many initially reject it because Bitcoin breaks the mental models we’ve relied on for understanding value, authority, and trust. 

It’s not just adopting a new system; it’s detaching from the old one and any -ism we may personally identify with.

Before we dive in I would like to make an important note about our current system.

Modern Fiat is Not Capitalism

Capitalism is an economic system in which private individuals or businesses own and control the means of production, distribution, and exchange of goods and services, rather than the state.

The main features of this system are limited government intervention, a free market economy, and competition.

While we may believe we live in a capitalistic society, reality is very different:

• Governments Intervention: Governments intervene in free markets primarily through monetary expansion (money printing) and capital controls.

• Inflation and Redistribution: Printing increases the money supply, causing inflation that erodes purchasing power unevenly. Those who receive new money first gain at the expense of later recipients. Capital controls restrict market flows, distorting asset and currency prices.

• Cantillon Effect and Concentration: These mechanisms concentrate wealth and economic power among government insiders and favored corporations, who gain preferential access to resources. This leads to growing government influence and corporate monopolies.

• Systemic Distortions: Such interventions stifle innovation, reduce market competition, and undermine price signals essential to free market functioning.

• Therefore: Our modern fiat monetary system is not free market capitalism.

To quote Jeff Booth, from first principles:

> “In a free market, prices fall to the marginal cost of production; if they are not falling, we do not live in a free market. Communism and capitalism are the same system under manipulated money.”

Bitcoin is the first opportunity for humanity to experience a true free market where prices fall—a reality beyond fiat altogether.

Let’s explore how Bitcoin differs from fiat-based systems and economic theories.

Bitcoin vs. Major -isms

| Feature | Capitalism | Communism | Libertarianism | Bitcoin | | ------------------------- | ------------------------------------ | ----------------------------------------- | ------------------------------------ | ------------------------------------------------- | | Ownership Model | Private, profit-driven | Collective, state-owned | Private, voluntary exchange | Individual, self-sovereign | | Control of Money | Central banks & private institutions | State-controlled | Privatized or gold-backed | Decentralized, algorithmic issuance | | Value Flow | Favors asset owners | Centralized and controlled redistribution | Market-driven | Distributed to all network participants | | Ideological Basis | Market efficiency, competition | Class struggle, equality | Individual freedom, non-intervention | Neutral protocol, transparency, free market | | Governance Structure | Market and government interplay | Centralized planning | Minimal state | Consensus among decentralized nodes | | Inflation Policy | Targeted via central banking | Controlled by state | Opposed to fiat inflation | Hard-capped supply: 21 million BTC | | Censorship Resistance | Low to moderate (depends on regime) | Low | Medium, still requires trust | Very high—no central chokepoint | | Accessibility | Varies by class and location | Controlled by state allocation | Varies by market access | Global, permissionless | | Moral Foundation | Efficiency and growth | Equity and solidarity | Autonomy and property rights | Mathematical integrity, sovereignty, transparency |

Bitcoin is not an -ism or a fiat system.

I don't see it as a way to make more fiat paper money either.

It’s a system outside the system that breaks all of our previous mental models.

A truly interdependent reality where the creativity, productivity, gifts, talents, and abilities of one serves all.

Sovereign individuals in service of the collective and vice-versa.

The Difficulty Categorizing Free Thinkers

In different conversations, and while discussing Bitcoin with non-Bitcoiners, I’ve been asked if I am an anarchist, capitalist, communist, liberal, or a libertarian.

Since I don’t identify with any political leaning or traditional ideology, I was sincerely confused when this first started happening—but now I see why.

Bitcoiners are notoriously difficult to place into political categories because their convictions often cut across traditional ideological boundaries.

To the outside observer, this can appear contradictory: a Bitcoiner might criticize the Federal Reserve like a libertarian, value personal personal sovereignty like an anarchist, and believe in sound money like a gold-standard capitalist. 

These labels, however, fail to capture the deeper thread—I believe our views are aligned with a protocol in service of humanity, and shaped by a shared belief in a system that values humans rather than fiat-based incentives.

Bitcoin challenges the default left/right binary and exposes just how much our frameworks are built around centralized systems, division, and control.

When those systems are removed—as they are in Bitcoin—any traditional world view falls apart, along with all the labels and polarization that come with it. 

To some, this may be why Bitcoiners seem ‘radical’ or ‘religious,’ because we have stepped outside their frame of reality entirely.

This protocol is not a revolution in the name of an ideology—it’s a revolution in the absence of one known to modern history.

Unlearning the Past, Embracing the Now

What makes Bitcoin truly disruptive isn’t just its technology—it invites us to question assumptions we didn’t even know we were making.

I still catch myself trying to compare Bitcoin to a "known" sometimes in this ongoing process of unlearning.

I think part of this evolution is catching myself and remembering, we are at the forefront of a new reality.

Our individual choices and actions are shaping what the post-fiat world will look like.

While for some, this will feel empowering and exciting, for others, this shift can feel unsettling, even threatening, as it calls into question the stability of the familiar.

This is one of the reasons why I see Bitcoin as being the initiator of an individual and collective spiritual awakening.

I can only encourage you to embrace the change—be the change—a powerful manifestor ushering in a new paradigm ✨

@ 04ea4f83:210e1713

Was ist ein Meme?

Bevor wir uns in die Materie vertiefen, sollten wir einen genaueren Blick auf die Begriffe werfen, mit denen wir es zu tun haben. Laut dem American Heritage Dictionary of the English Language ist ein Meme „eine Einheit kultureller Informationen, wie z. B. eine kulturelle Praxis oder Idee, die verbal oder durch wiederholte Handlungen von einem Geist zum anderen übertragen wird".

Der Begriff wurde von Richard Dawkins in seinem 1976 erschienenen Buch geprägt und ist eine Anspielung auf das Wort "Gen", die Einheit der biologischen Information, die sexuell von einem Organismus auf einen anderen übertragen wird.

Dawkins erkannte, dass kulturelle Informationen ähnlich wie biologische Informationen sind und sich genauso verbreiten und mutieren, wenn auch auf einer höheren Abstraktionsebene. Genau wie bei biologischen Informationen ist der ultimative Test für kulturelle Informationen das Überleben, und genau wie biologische Informationen müssen sie für die Umwelt geeignet sein, um sich zu verbreiten und am Leben zu gehalten zu werden.

Manche Ideen funktionieren einfach nicht, wenn sie fehl am Platz sind oder die Zeit nicht reif für sie ist. Sie werden schnell sterben, genau wie der sprichwörtliche Fisch auf dem Trockenen. Andere Memes funktionieren vielleicht eine Zeit lang, verblassen aber langsam durch allmähliche Veränderungen in der Umwelt oder brechen plötzlich durch die von ihnen ausgelösten destruktiven Rückkopplungsschleifen zusammen. Wie Gene verbreiten sich Meme langfristig nur dann, wenn sie für den Organismus und seine Umwelt von Nutzen sind.

„In der Wissenschaft der Ökologie lernt man, dass der Mensch nicht ein Organismus in einer Umwelt ist, sondern eine Organismus-Umwelt-Beziehung. Das heißt, ein einheitlicher Bereich des Verhaltens. Wenn man das Verhalten eines Organismus sorgfältig beschreibt, kann man das nicht tun, ohne gleichzeitig das Verhalten der Umwelt zu beschreiben... [...] Der Organismus ist nicht die Marionette der Umwelt, die von ihr herumgeschubst wird. Umgekehrt ist auch die Umwelt nicht die Marionette des Organismus, die vom Organismus herumgeschubst wird. Die Beziehung zwischen ihnen ist, um es mit John Deweys Worten zu sagen, transaktional."\ \ Alan Watts

Was hat das mit Bitcoin zu tun? Nun, du musst dich fragen, wie das Bitcoin-Netzwerk zustande kommt, und wenn du das tust, wirst du feststellen, dass Bitcoin sich nicht allzu sehr von den oben erwähnten Memen und Genen unterscheidet. Bitcoin ist ein instanziierter Computercode, ein digitaler Organismus, der die Menschheit dafür bezahlt, ihn am Leben zu erhalten, wie Ralph Merkle es so treffend formulierte. Die kumulative Arbeit, die in Bitcoins Timechain eingebettet ist, ist das, was Bitcoin real macht und was ihn von gewöhnlicher Information unterscheidet. Und von gewöhnlichen Computerprogrammen, was das betrifft. Genauso wie es einen Unterschied zwischen dir selbst und einem Ausdruck deiner DNA gibt, gibt es einen Unterschied zwischen dem Bitcoin-Code - den Memes, die er sich zu Nutze macht - und der realen Instanziierung von Bitcoin.

Das Bitcoin-Netzwerk instanziiert und validiert sich selbst alle 10 Minuten, Block für Block, wie ein Uhrwerk. Diese Blöcke sind die Informationseinheit, die übertragen wird, und ja, genau wie bei den Memen ist diese Information eine kulturelle Information. Die Tatsache, dass diese Information elektronisch übertragen wird, spielt keine Rolle; sie verkörpert immer noch den Kern der Bitcoin-Kultur, die Seele des Netzwerks. Und genau wie Memes wird diese Information durch wiederholte Aktionen von einem Knotenpunkt zum anderen übertragen. Und davor, von einem Geist zum anderen.

Im ökologischen Sinne handeln wir alle mit Bitcoin, und Bitcoin handelt mit uns. Wenn du von Bitcoin gehört hast, wenn du das Meme „21 Millionen" kennst, dann hat Bitcoin mit dir Geschäfte gemacht. Lange bevor du deine erste Bitcoin-Transaktion gemacht haben.

Memes und ihre Umgebung

Bitcoin sind Menschen, wenn es darauf ankommt. Ja, es ist Software, aber die Menschen müssen die Software ausführen und, was noch wichtiger ist, selbst entscheiden, was Bitcoin ist. Es gibt keine Autorität, wenn es um Bitcoin geht. So muss jeder für sich selbst herausfinden, was Bitcoin ist, und aus der Überschneidung der verschiedenen Standpunkte ergibt sich ein Konsens. Dies ist ein ständiger Prozess, denn es geht nicht nur darum, was Bitcoin derzeit ist, sondern auch darum, was Bitcoin sein könnte. Was Bitcoin sein sollte. Genau darum ging es im Blocksize War. Ein Kampf um die Seele von Bitcoin. Eine Meinungsverschiedenheit über die Zukunft und den ultimativen Zweck von Bitcoin. Ein Unterschied im memetischen Material, der letztendlich zu einer Spaltung des Protokolls führte, was wiederum zu einer Spaltung des Netzwerks und einer Spaltung der Kultur führte.

Aber auch ohne eine Spaltung, selbst wenn ein Konsens besteht, ist die Frage „was Bitcoin ist" nicht eindeutig zu beantworten.

Für dich mag das Lightning Network nicht wichtig sein, und es steht dir frei, eine Vor-SegWit-Version von Bitcoin zu betreiben. Für jemand anderen sind Dickbutts und Fürze auf der Blockchain vielleicht nicht wichtig, und er könnte sich entscheiden, eine Vor-Taproot-Version von Bitcoin zu verwenden (oder eine Version zu verwenden, die Ordnungszahlen (Ordinals) nicht respektiert). Bitcoin ist abwärtskompatibel, und Upgrades sind optional, gerade weil es keine Autorität gibt, die etwas vorschreibt.

So funktioniert Bitcoin, und so wird es immer funktionieren, weshalb Memes wichtig sind und warum es eigentlich durchweg Memes sind.

Um Bitcoin zu nutzen, muss man sich freiwillig entscheiden. Man muss zuerst von der Idee überzeugt werden, von der Idee, Sats zu akzeptieren, damit Fiat fallen zu lassen und Bitcoin zu erwerben. Erst wenn man davon überzeugt ist, dass elektronisches Bargeld mit einer (absolut) festen Menge nützlich sein könnte, wird man es akzeptieren oder damit sparen.

Das Meme „21 Millionen" kommt zuerst, und nachdem unsere Gehirne ausreichend von der Idee infiziert wurden, werden wir deshalb die Software starten, die die 21 Millionen ins Leben rufen.

Natürlich kommen manche Leute - ich glaube, die meisten - auf Umwegen zum Bitcoin. Du denkst, dass es sich um einen spekulativen Vermögenswert handelt, etwas, das existiert, um mehr Dollar zu verdienen, d. h. um mehr Papiergeld zu verdienen. Oder du entdeckst ihn über Online-Glücksspiele oder andere Wege, und auf diese Weise kommen sie zu ihren ersten Sätzen. Aber selbst wenn du auf Umwegen zu Bitcoin kommst, selbst wenn Bitcoin vor deiner Haustür ankommt, ohne dass du verstehst, womit du es zu tun hast, musst du lernen, Bitcoin selbstbestimmt zu nutzen, oder du wirst es nicht schaffen.

Bitcoin auf eine selbstsouveräne Art und Weise zu nutzen, bedeutet, dass du die Memes von Bitcoin absorbieren musst. Zum Beispiel musst du die „21 Millionen" übernehmen und ihnen zustimmen, sonst hast du keinen Bitcoin, sondern einen Shitcoin in den Händen. Bitcoin am Laufen zu halten bedeutet, Bitcoin auszuleben, was wiederum bedeutet, seine eigenen Schlüssel zu besitzen, seinen eigenen Knoten zu betreiben und den zentralen Konsensparametern zuzustimmen, die Bitcoin zu Bitcoin machen.

Mit der Zeit wird ein horizontaler Meme-Transfer stattfinden. Bitcoin wird auf dich abfärben. Du wirst nicht nur den Ideen ausgesetzt sein, die in Bitcoin eingebettet sind; nein, du wirst ein Teil davon sein und das Meme leben, indem du die Satoshi Tag für Tag und Block für Block hältst.

Oder du wirst es nicht. Wenn du mit den Ideen, die in den Konsensparametern von Bitcoin eingebettet sind, nicht einverstanden sind, hast du zwei Möglichkeiten: Du kannst dich abspalten oder unter dem Bitcoin Derangement Syndrom leiden. Man kann sich natürlich auch an die Umwelt anpassen und in Symbiose mit ihr leben, was bedeutet, sich mit dem in Bitcoin eingebetteten memetischen Material zu arrangieren - es zu akzeptieren und ihm langsam zuzustimmen.

Wenn man die zuvor skizzierte ökologische Sichtweise anwendet, bilden Bitcoin und die Bitcoiner selbst den Organismus-Umwelt und beeinflussen sich gegenseitig in 10-Minuten-Intervallen. Das Knifflige daran ist, dass Bitcoin sowohl Organismus als auch Umwelt ist, genau wie wir selbst. Das Bitcoin-Meme lebt in unseren Gehirnen und unsere Vorstellung davon, was Bitcoin ist - und was es sein sollte - ändert sich mit der Zeit. Die ökonomische Erweiterung von uns - unsere Sats - leben in der Umgebung, die Bitcoin ist, eine Umgebung, die wir individuell und kollektiv hervorbringen.

Wir formen unsere Werkzeuge, und unsere Werkzeuge formen uns. Und wir benutzen unsere Werkzeuge, um unsere Umwelt zu formen, die natürlich auch uns formt. Kultur ist das Ergebnis dieser gegenseitigen Beeinflussung, und was ist Kultur anderes als eine Vielzahl von Memen?

Bei Bitcoin haben wir es mit einem unglaublichen meinungsbildenden Werkzeug zu tun, das eng mit uns verwoben ist. Ein Werkzeug, das ein Umfeld schafft, das lächerlich schwer zu ändern ist. Ich würde sogar so weit gehen zu sagen, dass einige Aspekte dieser seltsamen Meme-Werkzeug-Organismus-Umwelt-Schleife unmöglich zu ändern sind, da dies die Identität von Bitcoin und Bitcoinern gleichermaßen zerstören würde.

Für mich wird Bitcoin immer durch 21ismus definiert werden, auch wenn ich der letzte Mensch wäre, der an dieses Meme glauben würde. Anstelle dessen würde ich lieber auf dem Hügel von 21 Millionen sterben - allein und in Armut, mit dem Node in der Hand und zwölf Worten in meinem Kopf - als einer Erhöhung des Bitcoin-Angebots um 1 % zuzustimmen. (Buchvorschlag: Mandibles)

Es gibt diejenigen, die diese unveränderliche Umgebung akzeptieren, und diejenigen, die sie ablehnen, was natürlich zu einer Spaltung der Kultur führt.

Kulturelle Spaltungen

Wir erleben zweifelsohne eine Art Kulturkrieg. Links gegen Rechts, Rot gegen Schwarz, Based gegen Woke, Blue Bird gegen Purple Bird und Furries gegen normale Menschen. Es ist schwer, die Bruchlinien auszumachen, die diesem Krieg zugrunde liegen. Einige glauben, dass es auf Individualismus gegen Kollektivismus hinausläuft. Andere sehen es als Kapitalismus vs. Marxismus, selbstregulierende Ordnung vs. zentrale Planung. Wieder andere spekulieren, dass dieses Chaos mit dem Rückgang des religiösen Glaubens zusammenhängt, der eine Folge der nietzscheanischen Ermordung Gottes ist.

Alle diese Gründe mögen zutreffend oder teilweise zutreffend sein, aber für mich als Bitcoiner - als jemand, der die Graphen des "WTF geschah 1971" viele Male bestaunt hat - ist es schwer, etwas anderes als den Notstand des Fiat-Geldes als den Hauptgrund für das Chaos, das wir erleben, zu benennen. Für mich scheint es offensichtlich, dass diese verrückten Zeiten ein Ergebnis des Fiat-Geldsystems und der wirtschaftlichen sowie memetischen Konsequenzen sind, die es mit sich bringt. Es ist ein System, das völlig von der Realität abgekoppelt ist, ein künstliches und hochpolitisches Umfeld, das, ob wir es erkennen oder nicht, das wirtschaftliche Betriebssystem unserer Welt ist. Für mich lässt sich die Bruchlinie der Gesellschaft am besten als „Bitcoin vs. Fiat" zusammenfassen.

Seit 50 Jahren leben wir die Idee des Fiat-Geldes aus. Das Meme, dass die Art des Basisgeldes keine Rolle spielt, die hartnäckige Überzeugung, dass „wir es uns selbst schulden". Wir scheinen zu glauben, dass unsere kollektive Zukunft ein magischer goldener Topf ist - scheinbar ohne Boden -, aus dem wir uns immer und immer wieder etwas leihen können.

Ich glaube, dass wir uns in der Endphase des großen Fiat-Experiments befinden. Einmal mehr haben die arroganten Könige dieser Welt beschlossen, Gott zu spielen und sich in Kräfte einzumischen, die größer sind als sie, größer als wir. Wieder einmal müssen wir feststellen, dass das Drucken von Geld keinen wirklichen Wert schafft. Einmal mehr wird sich die Gesellschaft wandeln oder ganz zusammenbrechen, wie es in Ägypten, Rom und in vielen anderen Kulturen vor der unseren geschah. Und einmal mehr wird sich die Natur durchsetzen, indem sie Verwüstung anrichtet und alles ausrottet, was nicht mit ihr übereinstimmt. Seien es Ideen oder anderes.

„Als es nun an Geld gebrach im Lande Ägypten und in Kanaan, kamen alle Ägypter zu Josef und sprachen: Schaffe uns Brot! Warum lässt du uns vor dir sterben? Denn das Geld ist zu Ende."\ \ Mose 47:15

Diesmal ist das Fiat-Experiment jedoch nicht lokal begrenzt. Es ist nicht das Geld eines einzelnen Landes, das versagt, sondern das Meme des Fiat-Geldes selbst.

Geld drucken vs. das Geld in Ordnung bringen

Die Erkenntnis der Bedeutung des Geldes sowie der moralischen und kulturellen Implikationen der Natur des Geldes - und der Ethik der Geldproduktion - hat mein Weltbild unwiderruflich verändert. Als ich erkannte, dass Gelddrucken nichts anderes als eine Umverteilung von Reichtum ist und dass eine zentral geplante Umverteilung von Reichtum eine unmögliche Aufgabe ist - nicht nur rechnerisch, sondern auch moralisch -, dämmerte mir, dass Konfiszierung durch Inflation und andere Formen der unfreiwilligen Umverteilung nichts anderes ist als Diebstahl auf Umwegen. Das Fiat-System ist ein System der Sklaverei, und nein, das ist keine Übertreibung.

Aber hier ist die gute Nachricht: Bitcoin schafft hier Abhilfe.

Das ist unsere Meme-Welt, alle anderen leben nur darin.

Es gibt eine bestimmte Ethik, die in Bitcoin eingebettet ist, und es ist diese Ethik, die den Grundstein für die Meme bildet, die wir entstehen und sich verbreiten sehen. Wenn ich es in einem Satz zusammenfassen müsste, dann wäre es dieser: „Du sollst nicht stehlen." Wenn ich es in einer Zahl zusammenfassen müsste, dann wäre es natürlich 21 Millionen.

Die Motivation hinter der Erschaffung von Bitcoin ist zweifelsohne politisch, wie „Kanzlerin am Rande der zweiten Bankenrettung" und verschiedene Kommentare von Satoshi zeigen. So stimmte Satoshi zwar der Aussage zu, dass „sie in der Kryptographie keine Lösung für politische Probleme finden werden", aber er erwähnte auch, dass „wir eine wichtige Schlacht im Wettrüsten gewinnen und ein neues Territorium der Freiheit gewinnen können". Man beachte die Worte, die in dieser Aussage verwendet werden: ein Gebiet (Umfeld) der Freiheit (im Gegensatz zur Sklaverei).

Ich würde argumentieren, dass „eine große Schlacht gewinnen" eine Untertreibung ist, und ich würde auch argumentieren, dass die ursprüngliche Behauptung falsch ist, aber ich werde darauf zurückkommen.

Doch auch ohne diese Kommentare, selbst wenn die in den Genesis-Block eingebettete Botschaft „ooga chaka ooga ooga ooga chaka" lauten würde, wäre Bitcoin immer noch politisch. Ja, das daraus resultierende System ist unpolitisch, genau wie der Sonnenaufgang unpolitisch ist, aber der Akt der Schaffung von bitcoin ist ein politischer Akt. Er ist eine Aussage, eine Manifestation bestimmter Ideen, von Qualitätsmemes.

Vergleiche die in Bitcoin eingebettete Ethik (festes Angebot, keine erzwungene Umverteilung, kein kostenloses Mittagessen, keine Rettungsaktionen) mit der Ethik des Fiat-Geldes (endloses Angebot, zentral geplante Umverteilung, Rettungsaktionen für Freunde, alles ist erfunden) - oder, noch drastischer, mit der „Ethik" der Shitcoins, die nur Fiat-Geld auf Steroiden ist (jeder kann sein eigenes Geld drucken, nichts ist wichtig, Rugpulls sind lustig und Dickbutts sind im Grunde die Mona Lisa).

Ist es eine Überraschung, dass die Kultur rund um diese Phänomene so unterschiedlich ist? Oder ist „du wirst nichts besitzen und du wirst glücklich sein" einfach eine Folge des Mems, das Fiat-Geld ist? Ist der kulturelle Unterschied zwischen Bitcoinern und Shitcoinern ein natürliches Ergebnis der Meme, die in den verschiedenen Organismus-Umgebungen eingebettet sind und von diesen hervorgebracht werden?

Im Klartext bedeutet das Meme des Fiat-Geldes - die Idee, dass wir Geld aus dem Nichts erschaffen können und sollten - einfach zu sagen: „Ich weiß besser als der Markt, wie man Geld verteilt", was bedeutet, dass ich besser als alle anderen weiß, was gut und was schlecht ist, was wertvoll ist und was nicht, was notwendig und was überflüssig ist.

Die Frage, die das Fiat-System beantwortet, ist die folgende: Wer darf Geld fälschen und wie viel? Und wer darf Zugang zu Geld haben, und wer nicht? Die Antwort ist politisch und wird mit Gewalt durchgesetzt.

Das Bitcoin-System beantwortet dieselben Fragen, und die Antworten sind ebenso einfach wie ethisch: Niemand darf Geld fälschen, und jeder kann darauf zugreifen. Keine Ausnahmen.

Dies sind zwei sehr unterschiedliche Ideen, zwei sehr unterschiedliche Memes. Die eine wird im Fiat-System umgesetzt, die andere im Bitcoin-System. Das eine bricht aus den Nähten, das andere tuckert vor sich hin und wächst wirtschaftlich, rechnerisch und memetisch - alle 10 Minuten.

Bitcoin vs. Gold

Wenn es darum geht, die Grundursache vieler unserer Übel zu identifizieren, hatten die Goldanhänger (größtenteils) die richtige Idee. Aber sie hatten keine Möglichkeit, ihre Ideen auf sinnvolle und effektive Weise umzusetzen, die in der vernetzten Welt des 21. Das Meme des „gesunden Geldes" ist das richtige Mem, aber ohne eine Möglichkeit, dieses Meme effizient umzusetzen, hat das Meme keine Möglichkeit, sich in der Bevölkerung zu verbreiten.

So sieht es aus, liebe Goldfresser: Wir werden nicht zu einem Goldstandard zurückkehren. Gold hat in der Vergangenheit versagt, und es würde auch in der Zukunft versagen. Die Nützlichkeit des „Goldstandard"- Memes ist zu einem Ende gekommen. Das Überbleibsel seiner glorreichen Vergangenheit wird nur noch in der Linguistik zu finden sein.

„Warum", fragst du dich? Nun, zunächst einmal verbietet der physische Körper des Goldes die Teleportation, d. h. die elektronische Übertragung von Gold. Er verbietet die Unsichtbarkeit, d. h. die plausible Abstreitbarkeit des Besitzes. Bitcoin kann sofort teleportiert und perfekt versteckt werden. Man kann ihn im Kopf behalten, und niemand kann wissen, ob man Bitcoin tatsächlich besitzt oder nicht. Gold wird allein aus logistischen Gründen immer in Tresoren zentralisiert sein. Bitcoin muss das nicht sein. Gold wird sich immer mit einer bestimmten Rate aufblähen, da eine unbekannte Menge noch unter der Erde (und im Weltraum) liegt. Die Menge, die sich über der Erde befindet, ist ebenfalls unbekannt, da der weltweite Goldvorrat nicht einfach überprüft werden kann.

Im Gegensatz dazu ist Bitcoin absolut knapp und perfekt überprüfbar. Alle 10 Minuten wird der Gesamtvorrat an Bitcoin geprüft. Alle 10 Minuten wird der Emissionsplan überprüft. Alle 10 Minuten werden Milliarden von Sats endgültig und elektronisch, d.h. mit Lichtgeschwindigkeit, abgerechnet. Eine echte, physische Abrechnung. Global und sofort, ohne große Kosten oder Reibungsverluste. Alle 10 Minuten.

Das Gold-Meme wird sich noch eine Weile halten, und das ist auch gut so. Die Menschen sind nostalgisch, besonders wenn sie in ihren Gewohnheiten verhaftet sind. Wie bei wissenschaftlichen Revolutionen wird sich die monetäre Revolution, die derzeit im Gange ist, wahrscheinlich langsam verbreiten: eine Beerdigung nach der anderen.

Ich glaube jedoch, dass Bitcoin die Macht hat, die Köpfe und Herzen der Menschen sehr schnell zu gewinnen, wenn diese Köpfe offen oder kulturell angepasst genug sind; oder wenn die Veränderung in ihrem Umfeld drastisch genug ist.

Allmählich, dann plötzlich.

Politik vs. Kultur

Kehren wir zu der Behauptung zurück, dass "du in der Kryptographie keine Lösung für politische Probleme finden werden". Ich habe bereits erwähnt, dass ich dem nicht zustimme, und hier ist der Grund. Politik ist der Kultur nachgelagert, und Kryptographie im Allgemeinen (und Bitcoin im Besonderen) verändert die Kultur.

Das sollte jedem außer dem blindesten Beobachter des Bitcoin-Bereichs sonnenklar sein. Die Kultur rund um Bitcoin ist durchdrungen von Verantwortung und Selbsteigentum („besitze deine eigenen Schlüssel" & „nicht deine Schlüssel, nicht dein Bitcoin"), Verifizierung und Schlussfolgerungen aus ersten Prinzipien ("vertraue nicht, verifiziere"), langfristigem Denken und Sparen für die Zukunft ("bleibe bescheiden, staple Sats"), sowie einem Fokus auf harte Arbeit, Integrität, Wahrheit und sichtbare Ergebnisse ("Proof-of-work, der Arbeitsnachweis").

Satoshi erkannte in wahrer Cypherpunk-Manier, dass Memes implementiert werden müssen, um sich möglichst effizient zu verbreiten, weshalb er sich hinsetzte und den Code schrieb. Es war auch der erste Test für die Tauglichkeit seiner Ideen, wie er in einem seiner vielen Forenbeiträge erwähnte: „Ich musste den ganzen Code schreiben, bevor ich mich selbst davon überzeugen konnte, dass ich jedes Problem lösen kann, und dann habe ich das Whitepaper geschrieben."

Das ist der Arbeitsnachweis, genau da. Das ist Anti-Fiat. Nicht nur darüber reden, sondern es auch tun. Mit gutem Beispiel vorangehen. Nicht nur über die Ideen spekulieren, die man im Kopf hat, die Memes, die man in der Welt verbreitet sehen möchte, sondern sie auch umsetzen. Das heißt, sie an der Realität zu messen.

„Lass deine Memes keine Träume sein."

Satoshi (paraphrasiert)

Ist es eine Überraschung, dass sich Bitcoin in den Bereichen „gesunde Ernährung", „gesunde Landwirtschaft", „freie Meinungsäußerung und Menschenrechte ausbreitet? Dass Bitcoin schnell und einfach von Menschen verstanden wird, die buchstäblich nahe am Boden sind, verbunden mit der grundlegenden Realität der Dinge? Ist es eine Überraschung, dass Bitcoin von denjenigen genutzt und verstanden wird, die es am meisten brauchen? Von denjenigen, die in Ländern leben, in denen das Geld versagt? Von denjenigen, die vom Fiat-System abgelehnt werden?

Das sollte keine Überraschung sein. Einige Kulturen haben eine natürliche Überschneidung mit der Bitcoin-Kultur, und es sind diese Kulturen, die Bitcoin zuerst annehmen werden. Frühe Beispiele sind die Cypherpunk-Kultur sowie die Kulturen rund um die österreichische Wirtschaft, den Libertarismus und das muslimische Finanzwesen. Wenn diese Kulturen Bitcoin annehmen, wird Bitcoin seinerseits diese Kulturen annehmen und dich beeinflussen. Ein für beide Seiten vorteilhafter Einfluss, wie er für alles, was langfristig überlebt, erforderlich ist, und wie er für die Symbiose, die die Natur darstellt, Standard ist. Der Organismus und das Umfeld, das durch die orangefarbene Münze und ihre Besitzer geschaffen wird, will überleben. Bitcoin: das egoistische Meme.

Natürlich gibt es auch Fiat-Meme. Es ist das, was unsere Kultur in den letzten 50 Jahren geprägt hat: „Fake it till you make it" und „YOLO" kommen mir in den Sinn, was interessanterweise die moderne Version der keynesianischen Idee ist, dass wir auf lange Sicht alle tot sind. Ist es verwunderlich, dass ein Umfeld, das durch falsches Geld geschaffen wurde, zu falschem Essen, falschen Körpern, falscher Gesundheit, falscher Medizin, falschen Beziehungen, falschen Experten und falschen Menschen führt?

Diejenigen, die an der Spitze der Fiat-Pyramide sitzen, sprechen von „nutzlosen Essern" und versuchen uns davon zu überzeugen, dass wir nichts besitzen müssen, aber trotzdem glücklich sein werden. Man muss sich über den Slogan wundern: „Du wirst nichts besitzen und du wirst glücklich sein".

„Du wirst ein glücklicher kleiner Sklave sein", heißt es in diesem Meme. Jemand hat beschlossen, dass Glück das ultimative Ziel ist, das es zu erreichen gilt, und du (und nur du) weißt, wie du es für dich erreichen können.

„Glück"

Als ob Glück das eigentliche Ziel wäre, das A und O, der Grund für unsere Existenz. Was ist mit dem Streben nach etwas Sinnvollem, etwas, das schwer ist, etwas, das Opfer erfordert, das Schmerz und Leid mit sich bringt?

\ „Jeder Mensch ist glücklich, bis das Glück plötzlich ein Ziel ist."

Tame Impala

Oder was ist mit der Aussage von Lagarde, dass „wir glücklicher sein sollten, einen Arbeitsplatz zu haben, als dass unsere Ersparnisse geschützt sind?" Das ist Ausdruck eines bestimmten Memes, das sich in ihrem Kopf festgesetzt hat, des Mems, dass Arbeitsplatzsicherheit die meisten anderen Bedürfnisse übertrumpft und dass normale Menschen kein Vermögen anhäufen müssen. Schlimmer noch: Es suggeriert, dass es völlig in Ordnung ist, das zu stehlen, was normale Menschen durch fleißige Arbeit im Laufe ihres Lebens angespart haben.

Wir sollte glücklicher sein einen Job zu haben als das unsere Erparnisse geschützt werden. Christine Largarde Präsidentin der ECB, Oktober 2019

Es gibt einen Grund, warum wir vom „Rattenrennen" oder dem „Hamsterrad" sprechen und warum dieser Teil unserer Kultur in Kunst und Film so stark kritisiert wird. Um Tyler Durden zu zitieren: „Die Werbung bringt uns dazu, Autos und Klamotten zu jagen, Jobs zu machen, die wir hassen, damit wir Scheiß kaufen können, den wir nicht brauchen. Wir sind die mittleren Kinder der Geschichte, Mann. Wir haben keinen Sinn und keinen Platz. Wir haben keinen Großen Krieg. Keine Weltwirtschaftskrise. Unser großer Krieg ist ein spiritueller Krieg... unsere große Depression ist unser Leben. Wir sind alle durch das Fernsehen in dem Glauben erzogen worden, dass wir eines Tages alle Millionäre, Filmgötter und Rockstars sein werden. Aber das werden wir nicht. Und wir lernen diese Tatsache langsam kennen. Und wir sind sehr, sehr wütend."

Ich glaube jedoch nicht, dass die Menschen wütend sind. Ich glaube, dass die meisten Menschen deprimiert und nihilistisch sind. Sie sehen keinen Ausweg, sie sind hoffnungslos und haben sich mit ihrer Position im System abgefunden - ob bewusst oder unbewusst.

Nichts zeigt die Plackerei des Fiat-Rattenrennens besser als der kurze Animationsfilm „Happiness", der eine visuelle Reise durch die unerbittliche Suche des Menschen nach Erfüllung in der modernen Welt darstellt. Er setzt in Bilder um, was viele Menschen nicht in Worte fassen können. Hilflosigkeit, Sucht, Hoffnungslosigkeit. Eine Krise des Selbst, eine Krise des Sinns. Das Fehlen einer hoffnungsvollen Vision für die Zukunft.

„Ehrlich gesagt, ist es ziemlich deprimierend", so ein 44-jähriger Arbeiter, der allein im Wald festsitzt. „Ich habe versucht, einen Gedanken zu formulieren, ihn auszudrücken, ohne zusammenzubrechen und zu weinen. Aber ich bin mir nicht sicher, ob ich ihn weitergeben kann, ohne zu weinen."

„Mein Problem, einer der Gründe, warum ich hierher kommen wollte, war also, dass ich versuchen wollte, über den neuen Aspekt meines Lebens nachzudenken. Mit anderen Worten: nach den Kindern."

„Ein Mensch kann eine Menge Dinge ertragen, für jemanden, den er liebt. Die gleichen Dinge nur für sich selbst zu ertragen, ist nicht so einfach. Ich bin Elektriker. Man könnte meinen, das sei nicht so schwer, aber es sind viele sich wiederholende Aufgaben. Ich weiß, dass jeder seine eigene Arbeit hat, ich weiß, dass das einfach der Lauf der Welt ist. Aber für mich ist der Gedanke, dass ich weitere 15 Jahre meines Lebens damit verbringen muss, auf die Wochenenden zu warten, einfach eine Qual. Einfach nur die banale Qual des Ganzen..."

Schau dir bei Möglichkeit diesen Clip an. Es ist eine Sache, über das Meme des Rattenrennens zu theoretisieren; es ist eine andere Sache, einem erwachsenen Mann zuzusehen, der weinend zusammenbricht, nachdem er über sein Leben, das System, in das er eingebettet ist, und die Zukunft, die dieses System für ihn bereithält, nachgedacht hat. Nachdem er sich die Tränen weggewischt hat, spekuliert er darüber, was der Grund für seine depressive Stimmung sein könnte: „An diesem Ort kenne ich die Regeln. Es ist das Leben außerhalb dieses Ortes, das mich zum Weinen bringt."

Das ist es, nicht wahr? Regeln und Regeländerungen. Wenn du jemanden zutiefst deprimieren wollen, änderst du die Regeln, und zwar häufig. Zwingen du sie, etwas Sinnloses zu tun. Ändere die Regeln willkürlich. Das ist es, was die Menschen wirklich demoralisiert: in einem System willkürlicher Regeländerungen gefangen zu sein. Keine Hoffnung auf Stabilität und kein Ausweg.

Der Dritte Weltkrieg wird ein Guerilla-Informationskrieg sein, bei dem es keine Trennung zwischen militärischer und ziviler Beteiligung gibt. - Marshall McLuhan

Das Meme ist die Nachricht.

"Weißt du, jetzt habe ich es endlich verstanden. Über den Unterschied zwischen einem echten Krieg und einem globalen Guerillakrieg. Denn was wir jetzt haben, ist kein konventioneller Krieg mit scharfen Waffen. Mit militärischer Ehre, militärischen Rängen, militärischer Aktivität... Das ist ein Kulturkrieg. Wir haben die Unruhen. Wir haben die Unordnung. Und jetzt weiß ich wirklich, wie das funktioniert. Wenn die Unruhen vorbei sind, kann man nicht mehr sagen: „Ich habe mit Stolz gedient. Es spielt keine Rolle, auf welcher Seite man steht. Denn die Unruhen sind ein Krieg gegen den Stolz. Es ist ein Krieg gegen die Moral der Menschen. Man kann dem Feind nicht als Gleicher gegenübertreten. Jeder lebt im Schatten. Es ist immer verdeckt. Es ist immer gefälscht. Er ist immer erfunden. Und es kann keine Geschichte darüber geschrieben werden, weil alles abgeschottet ist."\ \ Bruce Sterling

Für die Geldpolitik gibt es im Fiat-System keine Regeln. „Die Regeln sind erfunden, und die Punkte sind egal", um Drew Carey zu zitieren. Die Realität hat Regeln, und wenn ein Fiat-System erst einmal aus dem Ruder gelaufen ist, dann ist es die Realität, die die Konsequenzen zieht, nicht das Fiat-System selbst.

Das Fiat-System ist kaputt; sein Geld ist wertlos; seine Kultur ist deprimiert und hoffnungslos. Wenn die Politik der Kultur nachgelagert ist, ist es dann eine Überraschung, dass unsere Politik größtenteils eine Clownshow ist, die nur auf Äußerlichkeiten und kurzfristige Ziele ausgerichtet ist? Wo gibt es Hoffnung in der hoffnungslosen Welt des fiat everything? Kaputte Ideen führen zu kaputten Umgebungen, die wiederum zu kaputten Organismen führen. Ist der Mensch erst einmal kaputt, wird er nicht in der Lage sein, seine Umwelt auf eine für alle Seiten vorteilhafte Weise zu verändern. Ganz im Gegenteil. Er wird in einer Abwärtsspirale aus Verzweiflung und Zerstörung feststecken und versuchen, „um jeden Preis" zu tun, was nötig ist.

Ohne Bitcoin sind die Aussichten für unsere Zukunft düster. Ohne Bitcoin hast du zwei Möglichkeiten: die schwarze Pille des Pessimismus oder das Soma des Nihilismus.

Es gibt einen Grund, warum die Leute sagen, dass Bitcoin Hoffnung ist.

Schwarze Pille vs. Orange Pille

Bitcoin ist Hoffnung, weil die Regeln von Bitcoin bekannt und stabil sind. Das Bitcoin-System ist wahnsinnig zuverlässig, funktioniert wie ein Uhrwerk, mit Regeln, die bekannt und in Stein gemeißelt sind. Es ist eine Umgebung mit eisenharten Zwängen, die ohne Herrscher durchgesetzt werden.

Es ist nicht nur das Gegenteil des Fiat-Systems, sondern auch sein Gegengift. Es ist nicht nur ein Rettungsboot, in das jeder einsteigen kann, der in Not ist, sondern auch ein Heilmittel, das Sinn und Optimismus gibt, wo es vorher keinen gab.

Es ist leicht, depressiv zu werden, wenn man die Übel des Fiat-Systems erkannt hat. Viele Bitcoiner, die heute von Optimismus erfüllt sind, waren hoffnungslos und fatalistisch, bevor sie die orangefarbene Pille schluckten. Viele Menschen sind es immer noch, Lionel Shriver und die meisten Goldfresser eingeschlossen.

Aber man muss bereit sein. Man kann sich nur selbst eine orangefarbene Pille geben, wie man sagt. Niemand kann dir Bitcoin aufzwingen.

Du müsstest eine Erleuchtung haben, dieselbe Erleuchtung wie unser 44-jähriger Elektriker im Wald, der über sein Leben nachdenkt. Kurz nach seinem Zusammenbruch und seinem Monolog darüber, dass er im Rattenrennen feststeckt, kommt er zu einer plötzlichen Erkenntnis: „Ich muss etwas ändern. Es ist nicht die Welt, die sich ändern muss. Es bin ich, der sich ändern muss. Es ist meine Einstellung zum Leben."

Ja. Was für ein Chad.

Das ist buchstäblich die Funktionsweise von Bitcoin.

Fiat Denkweise vs. Bitcoin Denkweise

\ Das Fiat-System wird nicht einfach verschwinden, und es wird auch nicht still und leise verschwinden. Zu viele Menschen sind immer noch mit dem Gedanken an leicht verdientes Geld infiziert, arbeiten in Scheißjobs und führen ein Fiat-Leben. Der Tod des Fiat-Organismus ist jedoch unausweichlich. Er ist selbstzerstörerisch, und wie alle Tiere, die in die Enge getrieben werden und am Rande des Todes stehen, wird er in einem letzten Versuch, das Unvermeidliche zu verhindern, um sich schlagen.

Piggies von artdesignbysf

„Unser großer Krieg ist ein spiritueller Krieg", wie Tyler Durden es so treffend formulierte. Und wir sind mittendrin in diesem Krieg.

Mit jedem Tag wird es offensichtlicher, dass dies ein geistiger Krieg ist. Ein Zusammenprall von Ideen, ein Kampf der unterschiedlichen Weltanschauungen.

Selbst der letzte Boss von Bitcoin, Augustin Carstens, weiß, dass dies ein Krieg ist. Warum sonst würde er, die Verkörperung des Fiat-Standards, im Fernsehen auftreten und Folgendes sagen?

„Vor ein paar Jahren wurden Kryptowährungen als Alternative zu Papiergeld dargestellt. Ich denke, diese Schlacht ist gewonnen. Eine Technologie macht noch kein vertrauenswürdiges Geld."

Augustin Carstens

Wenn wir uns nicht in einem memetischen Krieg befänden, warum wäre es dann notwendig zu erklären, dass eine Schlacht gewonnen wurde?

Wenn wir uns nicht mitten in einem spirituellen Krieg befinden würden, warum würde Christine Lagarde, eine Person, die wegen Fahrlässigkeit und Missbrauchs öffentlicher Gelder verurteilt wurde - eine Person, die jetzt Präsidentin der Europäischen Zentralbank ist - öffentlich erklären, dass wir Bitcoin auf globaler Ebene regulieren müssen, denn „wenn es einen Ausweg gibt, wird dieser Ausweg genutzt werden?"

Warum würde Stephen Lynch behaupten, dass Bitcoin „auf Null gehen wird, wenn wir ein CBDC entwickeln, das den vollen Glauben und Kredit der Vereinigten Staaten hinter sich hat?"

Warum würde Neel Kashkari, verrückt wie er ist, vor eine Kamera treten, um das Mem zu verbreiten, dass „es unendlich viel Bargeld in der Federal Reserve gibt", in der Hoffnung, dass diese Aussage das Vertrauen in das zusammenbrechende Fiat-System stärken würde?

Es ist fast unmöglich, sich diese Interviews anzusehen, ohne den Kopf zu schütteln. Glauben diese Menschen wirklich, was sie sagen? Ist es Böswilligkeit oder ist es Unwissenheit? Oder ist es einfach ein Auswuchs der verzerrten Weltsicht des Fiat-Verstandes? Sind diese Menschen nicht mehr zu retten, oder könnte Bitcoin sie sogar demütigen und sie auf den Pfad der Verantwortung und der Finanzdisziplin bringen?

Wie auch immer die Antwort lauten mag, die bloße Existenz von Bitcoin ist eine Beleidigung für ihr Denken, oder für jedes Fiat-Denken, was das betrifft. Bitcoin setzt die Idee außer Kraft, dass Geld vom Staat geschaffen werden muss. Seine Architektur sagt: „Jeder sollte Zugang zum Geldsystem haben". Sein Design sagt: „Wir sehen, was ihr getan habt, Fiat-Leute, und wir werden dem ein Ende setzen."

„Die Existenz von Bitcoin ist eine Beleidigung für den Fiat-Verstand."

\ Es ist ironisch, dass das, was die meisten Fiat-Leute zuerst sehen, die Schlachtrufe der Bitcoiner sind, die „HODL!" schreien und „wir werden euch obsolet machen" von den Dächern schreien. Du übersiehst die tiefere Wahrheit dieser Memes, die Tatsache, dass diese Meme der tiefen Überzeugung entspringen, dass ein mathematisch und thermodynamisch gesundes System einem politischen System vorzuziehen ist. Sie hören weder das Brummen der ASICs, noch achten sie auf die gültigen Blöcke, die unaufhörlich eintreffen. Alle 10 Minuten wird leise geflüstert: „Du sollst nicht stehlen."

Das laute und prahlerische Oberflächenphänomen lässt sich leicht ins Lächerliche ziehen und abtun. Der zutiefst technische, wirtschaftliche und spieltheoretische Organismus, der die 21 Millionen zustande bringt, nicht so sehr. Beide sind im Wachstum begriffen. Beide sind miteinander verwoben. Das eine kann ohne das andere nicht existieren.

Fiat-Selbst vs. Bitcoin-Selbst

\ Beim ersten Kontakt wird der Bitcoin von den meisten abgetan. In einer Welt, die vom Fiat-Standard beherrscht wird, sind die meisten Menschen nicht in der Lage, die orangefarbene Münze zu verstehen, wenn sie zum ersten Mal über sie stolpern. Ich denke, man kann mit Sicherheit sagen, dass die meisten Bitcoiner es nicht sofort „verstanden" haben. Ich habe es anfangs sicherlich nicht verstanden.

Die Reise vieler Bitcoiner lässt sich wie folgt zusammenfassen:

1. Was zum Teufel ist das?
2. Was zum Teufel ist das?
3. Was zur Hölle?
4. Die Scheiße?
5. Scheiße...
6. All in.

Der Prozess des Verstehens und der Annahme von Bitcoin ist der Prozess des Verlassens deines Fiat-Selbst hinter sich. Man muss die Fiat-Memes aus dem Kopf bekommen und die Bitcoin-Memes hineinlassen. Du musst dein Fiat-Selbst ausbrennen und dein Bitcoin-Selbst aufbauen. Tag für Tag, Aktion für Aktion, Block für Block.

Indem du am System der Fiat-Schuldensklaverei teilnimmst, verstärkst du das Meme der sofortigen Befriedigung, der Diskontierung der Zukunft für die Gegenwart, des falschen Geldes und des kurzfristigen Denkens. Indem du am Bitcoin-System teilnimmst, stärkst du das Mem des gesunden Geldes, des unelastischen Angebots, des langfristigen Denkens, der Verantwortung und der unveräußerlichen Eigentumsrechte.

„Man kann die Revolution nicht kaufen. Man kann die Revolution nicht machen. Du kannst nur die Revolution sein. Sie ist in deinem Geist, oder sie ist nirgendwo." - Ursula K. Le Guin

Verstehe mich nicht falsch. Es ist nichts falsch daran, in den Fiat-Minen zu arbeiten und bescheiden Sats zu stapeln. Es ist eines der wichtigsten Dinge, die du tun kannst. Das Stapeln von Sats gibt dir Freiheit, Kontrolle und Selbstständigkeit. Es ermöglicht dir, sich in eine Position der Stabilität und Stärke zu manövrieren, und ehe du dich versiehst, wird der einfache Akt des demütigen Stapelns und der Liebe zu deinem zukünftigen dich selbst verändern.

Der wahre Kampf ist ein persönlicher Kampf. Den Drang zu unterdrücken, etwas umsonst haben zu wollen. Die Gewohnheit der sofortigen Befriedigung aufzugeben und eine Kultur des langfristigen Denkens aufzubauen. Ablehnung von impulsiven Ausgaben, Akzeptanz von Opfern und Einschränkungen.

Die Beziehung zwischen Ihnen und der Welt ist transaktional, wie John Dewey uns lehrte. Nicht nur unsere physischen Körper sind an unsere physische Umgebung gebunden, sondern wir sind auch über die ebenso reale wirtschaftliche Umgebung, an der wir uns beteiligen, miteinander verbunden. Und mit jedem Dollar, den wir ausgeben, und jedem Satoshi, den wir sparen, erschaffen wir unsere Zukunft.

Es gibt eine Weggabelung. Das Schild auf der einen Seite sagt: „Du wirst nichts besitzen und du wirst glücklich sein". Das Schild auf der anderen Seite sagt: „Du wirst Bitcoin besitzen und du wirst die beste Version deiner selbst sein."

Die Wahl liegt bei dir.

Bitcoin hat die Macht, die beste Version von sich selbst hervorzubringen, weil die Anreize von Bitcoin auf gegenseitige Verbesserung ausgerichtet sind. Auf individueller Ebene erfordert der Besitz von Bitcoin eine Änderung der Zeitpräferenz und der Verantwortung. Der Besitz impliziert, dass man seine eigenen Schlüssel besitzt. Wenn du das nicht tun, besitzts du keine Bitcoin, sondern Schuldscheine. Es bedeutet auch, dass du deinen eigenen Knotenpunkt betreiben, um zu überprüfen, ob du tatsächlich Bitcoin besitzen. Wenn man das nicht tut, vertraut man auf das Wort eines anderen, verlässt sich auf seine Sicht von Bitcoin, seine Weltsicht und darauf, dass er einen nicht anlügt.

Darüber hinaus bedeutet der fortgesetzte Besitz von Bitcoin, dass man die Verantwortung übernimmt, einen Wert für die Gesellschaft zu schaffen. Geld tut nichts anderes, als zu zirkulieren, also musst etwas leisten, das andere Menschen als wertvoll empfinden. Wenn du das nicht tust, wirst du bald keine Bitcoin mehr haben. Die Natur wird dich dazu zwingen, dich von deinen Sats zu trennen, denn jeder - auch du - muss essen.

„Beschäftige dich mit dem Sinn des Lebens, wirf leere Hoffnungen beiseite, engagiere dich für deine eigene Rettung - wenn du dich überhaupt um dich selbst kümmerst - und tue es, solange du kannst."\ \ Marcus Aurelius

Der Bitcoin-Weg ist kein einfacher Weg, aber ein erfüllender. Er ist erfüllend, weil du die Regeln kennst, du kennst die Konsequenzen, und du hast die Verantwortung. Es ist ein Weg, der es dir erlaubt, dein Leben so zu gestalten, wie du es für richtig hältst, aber du musstes auch selbst gestalten. Es ist ein Weg, der es dir ermöglicht, sich vor Übergriffen und Diebstahl zu schützen, und der langfristige Sicherheit und Stabilität bietet. Aber du musst ihn gehen. Du musst mitmachen. Du musst ihn ausleben.

Du musst dein Fiat-Selbst ausbrennen und die einfachen Antworten, die Abkürzungen und den Scheinwert hinter dir lassen. Du musst etwas Reales anbieten, jemand Reales sein und im Falle des Scheiterns die realen Konsequenzen tragen.

Die Grenze zwischen Gut und Böse verläuft nicht nur in jedermanns Herzen, sondern auch die Grenze zwischen Fiat und Bitcoin verläuft ebenfalls in jedermanns Herzen. Es geht nicht um „wir gegen sie". Es geht um unser Fiat-Selbst gegen unser Bitcoin-Selbst. Persönliche Verantwortung vs. vorsätzliche Ignoranz. Systemische Fragilität vs. langfristige Stabilität. Mit jeder Handlung triffst du eine Entscheidung, und du hast keine andere Wahl als zu handeln.

Es gibt eine Weggabelung, und jeder Einzelne von uns muss sich entscheiden, welchen Weg er einschlagen will. Den scheinbar bequemen Weg, den die Machthaber vorgeben, oder den Bitcoin-Weg: hart, steinig, mit Höhen und Tiefen, ohne Sicherheitsnetze und ohne Rettungsaktionen. Es ist kein einfacher Weg, aber es ist ein schöner Weg. Ein Weg, der Geduld, Verantwortung und Disziplin lehrt. Ein Weg, der dich demütig macht. Ein sinnvoller Weg. Ein Weg, den zu gehen sich lohnt.

Früher war es ein einsamer Weg, aber das ist er nicht mehr. Früher war es ein verrückter Weg. Heute ist der Weg zu mehr Freiheit der verrückte Weg. Es ist ein langer Weg, ein täglicher Kampf. Und niemand außer dir kann diesen Weg gehen. Ich würde dir gerne sagen, dass ich dich auf dem Gipfel treffe, aber ich fürchte, es gibt keinen Gipfel. Ich treffe dich stattdessen auf dem Weg.

Gigi ist ein professioneller Shitposter und Meme-Kenner. Er ist vor kurzem aus der woken Höllenlandschaft der Vogel-App in das lila gelobte Land des Straußen-Protokolls umgezogen. Wenn er nicht gerade Shitposting betreibt, ist er meistens damit beschäftigt, ein Bitcoin-Genießer zu sein und seine Pflaumen im Glanz der orangefarbenen Münze zu baden. Du kannst ihn herbeirufen, indem du seinem npub in den Kartenschlitz eines stillgelegten Geldautomaten flüsterst:

npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

@ d360efec:14907b5f

Disclaimer: * การวิเคราะห์นี้เป็นเพียงแนวทาง ไม่ใช่คำแนะนำในการซื้อขาย * การลงทุนมีความเสี่ยง ผู้ลงทุนควรตัดสินใจด้วยตนเอง

@ 04ea4f83:210e1713

In nicht allzu vielen Jahren wird die Zahl der Bitcoiner in den Vereinigten Staaten von Amerika zehn Millionen überschreiten. Wenn wir diesen Meilenstein erreichen, ist das Spiel vorbei: Bitcoin gewinnt.

Mein Lieblingsautor und -denker, Nassim Nicholas Taleb, schrieb in seinem Buch Skin in the Game über "die unnachgiebige Minderheit". Das Konzept funktioniert folgendermaßen: Auf fast allen verpackten Lebensmitteln, die in den USA verkauft werden, ist außen ein kleines U in einem Kreis aufgedruckt. Nur sehr wenige US-Bürger benötigen die durch dieses U gekennzeichnete Koscher-Zertifizierung, aber für die Lebensmittelhersteller ist es einfacher, nicht für jedes Produkt zwei separate Versionen zu produzieren, so dass sie im Allgemeinen alles koscher machen. Nach Taleb gilt die Regel: „Ein koscherer Esser wird niemals nicht-koschere Lebensmittel essen, aber einem nicht-koscheren Esser ist es nicht verboten, koscher zu essen."

„Bei den meisten beobachteten komplexen Systemen liegt der Anteil der Minderheit, der erforderlich ist, um die Bevölkerung von ihrer unnachgiebigen Meinung abzubringen, in der Größenordnung von 3 bis 4%. Bei einer US-Bevölkerung von 325 Millionen sind 3% 10 Millionen." - Nassim Nicholas Taleb

Ein Fintech-Fonds, der seit 2012 im Bitcoin-Bereich tätig ist, hat kürzlich eine intensive Analyse durchgeführt, die zur besten Schätzung des Bitcoin-Besitzes geführt hat, die ich kenne. Nur 7 Millionen Menschen weltweit haben einen Wert von 100 Dollar oder mehr im Bitcoin-Protokoll gespeichert. Um die Zahlen zu runden, nehmen wir an, dass die Hälfte dieser Menschen in den USA lebt und dass ein Siebtel von ihnen einen höheren Wert als $2500 in BTC speichert. Das sind gerade einmal 500.000 US-Bürger mit einer bedeutenden Menge an Bitcoin. Und wie viel Prozent davon verstehen und interessieren sich tatsächlich so sehr für Bitcoin, dass sie dafür kämpfen würden? Lass uns großzügig sein und sagen wir 20%.

Es gibt ungefähr 100.000 Bitcoiner in den Vereinigten Staaten. Das bedeutet, dass wir eine 100-fache Steigerung benötigen, um das Niveau einer "unnachgiebigen Minderheit" zu erreichen. Das ist der Grund, warum die Akzeptanz alle anderen Prioritäten für Bitcoin dominiert.

„Bitcoiner haben bereits so viele potentielle Angriffsvektoren ausgeschaltet und so viel FUD gehandhabt, dass es nicht mehr viel Abwärtsrisiko für Bitcoin gibt." - Cory Klippsten

Ein weiteres Konzept, auf das sich Taleb in den fünf Bänden seines Incerto bezieht, ist: Schütze dich vor dem Abwärtsrisiko. Bitcoiner haben bereits so viele potentielle Angriffsvektoren ausgeschaltet und so viel FUD gehandhabt, dass es nicht mehr viel Abwärtsrisiko für Bitcoin gibt. Aber es gibt ein gewisses Risiko, egal ob man es mit unter 1%, unter 10% oder mehr beziffert. Und der bei weitem bedrohlichste Angriffsvektor wäre meiner Meinung nach eine konzertierte Aktion der US-Regierung auf vielen Ebenen, die versucht, Bitcoin auszurotten, um die Hegemonie des Dollars auf der ganzen Welt zu erhalten.

Um es klar zu sagen: Bitcoin würde selbst den konzertiertesten und bösartigsten Angriff der US-Regierung überleben. Er könnte sogar gedeihen, im Stil von Antifragile (ein weiteres Buch von Taleb), mit Menschen auf der ganzen Welt, die massenhaft Sats kaufen, wenn sie sehen, wie der frühere Hegemon ausschlägt. Es könnte aber auch anders kommen, mit einem massiven Rückgang der Netzwerkaktivität und des gespeicherten Wertes, mit Tausenden von Menschenleben, die irreparabel gestört werden, und mit einer Verzögerung unserer leuchtend orangenen Zukunft um Jahrzehnte oder länger.

Das ist für mich nicht hinnehmbar. Deshalb habe ich mein Leben der Rekrutierung der anderen 99% unserer unnachgiebigen Bitcoiner-Minderheit hier in den Vereinigten Staaten gewidmet. Es gibt bereits 100.000 von uns. Helfe mit, die anderen 9,9 Millionen zu rekrutieren.

@ a0c34d34:fef39af1

My last article, I wrote about DePIN, a passive income that is easily accessible and something to consider as supplemental income. This week I want to discuss another form of finance. Let’s face it: when most of us hear the word “finance”, our eyes glaze over faster than a donut in a Krispy Kreme factory.

It conjures images of Wall Street suits, casino type crypto scams, and incomprehensible jargon. What if I told you that finance could be regenerative? Could your money heal the world?

Regenerative Finance is what I’m discussing; ReFi if you want to sound cool. Regenerative finance is a movement that’s quietly transforming how we think about money, investment and our collective future. Let’s dive down the rabbit hole and take a journey into a world where your money can make things better.

You’re at a party and someone asks what you do for a living. You say, “I work in sustainable finance.” Boring to most, they politely nod. But what if you said, “I work in regenerative finance. We invest in projects that restore rainforests, rebuild communities and make money while healing the planet.” How interesting, right?

What is sustainable? It is about not making things worse, just sustaining them. On the other hand, regenerative finance restores, renews and improves systems, making sure things are better when you leave than when you arrived.

Regeneration systems imagine every dollar invested helps a forest grow, a community thrive or a river run clear again. Remember sustainability is about keeping things as they are. Regeneration is about making things better.

Here’s a real-world example: The Savory Institute works with ranchers to restore grasslands using holistic grazing. Investors in their projects don’t just avoid harm, they rebuild the soil, increase biodiversity, and capture carbon. That’s money making a difference.

Regenerative finance asks, “How will the investment affect people, planet and profit, not just today, but decades from now?” Another real-world example, Ecosia, the search engine that plants trees, invests profits into reforestation projects worldwide. Their financial model considers long term ecological health, not just quarterly returns.

ReFi isn’t about faceless corporations. It’s about empowering local communities and restoring ecosystems. Think of it as crowdfunding Mother Earth.

How does all this magic happen? Here are a few ways to invest.

IMPACT INVESTING As examples from above, this is where you put your money into projects that actively restore ecosystems, empower communities or fight climate change. FUNDING BONDS These are bonds issued on blockchain platforms to fund sustainable projects. They are managed by smart contracts and investors get digital tokens representing their share. Think about this as an early adopter.

TOKENIZATION This is taking real-world assets and turning them into digital tokens. Think carbon credits. There’s no Wall Street middleman which makes it easier to track, invest and trade in regenerative projects. You can have fractional ownership with tokenization which means easier access to more assets.

Real estate has moved into fractional ownership using tokenization. The threshold to invest has lowered immensely with this practice.

The world is facing some big problems with climate change, inequality, biodiversity loss and I could go on. Traditional finance hasn’t exactly been successful. Regenerative finance offers a new way forward.

By focusing on restoring rather than just sustaining, we create resilient, equitable and thriving systems for future generations. As someone who is 64 years old, I was taught to leave the world better than you found it.

There has been much speculation over the years about the next evolution of the internet and business. How will we adapt? What will financial systems look like?

Let’s look at some projects that are already making a difference: Eden Reforestation Project Employs local communities to plant millions of trees, restoring ecosystems and creating jobs.

Kiva Community lending to entrepreneurs in developing countries, empowering them out of poverty.

Mosaic Solar projects, investing, earning returns while helping the planet.

KlimaDAO This DAO uses blockchain to buy and retire carbon credits, driving up the price of pollution and funding climate action.

Look for reputable ReFi projects or platforms that align with your values. Many platforms have low minimum investment thresholds making it easier for anyone to participate.

You don’t need to be a billionaire or a blockchain wizard to get involved in the regenerative finance revolution. Individuals can invest in ReFi initiatives through several accessible pathways, any of which leverage new technologies and community-driven models to make participation easier and more transparent.

Regenerative finance changes the way you think about money, value and your place in the world. Putting your dollars to work for people and planet, you can be a part of building a thriving future.

Regenerative finance addresses the shortcomings of traditional finance which often prioritizes short term profit over long term environmental and social costs. The core idea behind ReFi is that financial systems should restore, and grow society’s economic, social and environmental systems.

Regenerative finance represents a transformative shift in how capital is allocated and managed. By integrating advanced technology, community participation, and a focus on ecological and social renewal, ReFi seeks to build a financial system that not only generates returns but also restores and strengthens the foundations of a sustainable and healthy future.

As the world moves forward in different ways of finance and business, I hope this information was useful for you. The different monetary systems and financial markets are growing. ReFi is an alternative finance system becoming a movement. If you are interested in other financial systems or know of any, please let me know. Thank you for reading. Be fabulous, Sandra Abrams Onboard60 Founder

@ a4043831:3b64ac02

Money is emotional. It’s not just numbers on a spreadsheet. It’s about peace of mind. Vacations. College. Retirement. And sometimes… It's about stress. Even the smartest families make money mistakes. Not because they don’t care. But because life is busy. Financial planning can feel overwhelming. And it’s easy to put it off until “later.” But the truth is: later turns into never.

Here are five common money missteps families make—and how to avoid them, starting today.

1. Spending Without a Plan

You’re out running errands. You grab a latte. Order takeout. Buy a couple things online. Nothing big. But by the end of the week? The bank account’s hurting. Sound familiar?

Many families spend without a clear plan. They don’t know exactly how much they earn, where their money is going, or what’s left for savings. It’s a recipe for stress.

How to avoid it: Start simple. Track your income. List your expenses. Identify where you can cut back. Use a budgeting app or just a notebook. The key is consistency. Build awareness around spending.

Working with a financial advisor makes this even easier. Passive Capital Management helps families create realistic, stress-free budgets that actually work.

2. Delaying Retirement Savings

Let’s be honest—retirement feels far away. Especially when you’re dealing with daycare, car payments, and rising grocery bills. But here’s the catch: the earlier you start, the less you have to save. Why? Two words: compound interest. The money you invest today earns interest. And then that interest earns interest. Over time, your money grows exponentially.

How to avoid it: Contribute to a 401(k), IRA, or both—right now. Even if it's just $50 a month. Got a workplace plan? Take full advantage of any employer match.

And don’t “set it and forget it.” Revisit your plan regularly with a trusted advisor. PCM’s retirement planning services help families build smart, flexible strategies tailored to their long-term goals.

3. Overusing Credit Cards

Swipe now, worry later. That’s the trap. Credit cards can be useful but dangerous when used for emotional or unplanned purchases. High-interest rates can turn a $100 dinner into a $300 debt headache.

How to avoid it: Use credit cards for planned expenses only. And pay off the balance in full each month. Avoid minimum payments—they just feed the debt cycle. If you’re already in credit card trouble, don’t panic.

Passive Capital Management works with families to create smart debt reduction plans while still saving for the future.

4. Buying Too Much House

Big house. Fancy kitchen. Bonus room. Sounds great, right? Until the mortgage, property taxes, repairs, insurance, utilities, and maintenance come crashing in. Many families make the mistake of maxing out their home budget. It feels like an investment—but in reality, it can squeeze your finances for decades.

How to avoid it: Buy what you need, not what impresses others. Be realistic about ongoing costs. And remember: your mortgage should never eat up your emergency savings or retirement goals. Before making a big move, talk to a financial expert.

PCM helps clients evaluate housing costs in the context of their full financial picture.

5. Skipping the Emergency Fund

Unexpected car repair? Out-of-pocket medical bill? Job loss? Life happens. And when it does, many families don’t have a cushion. They rely on credit cards or drain their retirement accounts just to stay afloat.

How to avoid it: Build an emergency fund with 3–6 months of essential expenses. Keep it in a separate, easy-access savings account. This fund is your safety net—don’t touch it unless it’s truly an emergency.

PCM includes emergency fund planning as a core part of every family’s financial plan. Because peace of mind isn’t optional—it’s essential.

Final Thoughts

Nobody gets it right 100% of the time. But small, consistent changes can transform your family’s financial future. The good news? You don’t have to do it alone. Passive Capital Management offers straightforward, judgment-free guidance to help families avoid costly mistakes and make confident money moves. Whether you need help building a budget, planning for retirement, or finally tackling your debt, PCM is ready to help.

Take the first step. Your future self will thank you. Talk to a PCM Advisor Today.

@ c1e9ab3a:9cb56b43

High-Level Overview

Bitcoin developers are currently debating a proposed change to how Bitcoin Core handles the OP_RETURN opcode — a mechanism that allows users to insert small amounts of data into the blockchain. Specifically, the controversy revolves around removing built-in filters that limit how much data can be stored using this feature (currently capped at 80 bytes).

Summary of Both Sides

Position A: Remove OP_RETURN Filters

Advocates: nostr:npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm, nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg, nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp, others

Arguments: - Ineffectiveness of filters: Filters are easily bypassed and do not stop spam effectively. - Code simplification: Removing arbitrary limits reduces code complexity. - Permissionless innovation: Enables new use cases like cross-chain bridges and timestamping without protocol-level barriers. - Economic regulation: Fees should determine what data gets added to the blockchain, not protocol rules.

Position B: Keep OP_RETURN Filters

Advocates: nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk, nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p, nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr, others

Arguments: - Historical intent: Satoshi included filters to keep Bitcoin focused on monetary transactions. - Resource protection: Helps prevent blockchain bloat and abuse from non-financial uses. - Network preservation: Protects the network from being overwhelmed by low-value or malicious data. - Social governance: Maintains conservative changes to ensure long-term robustness.

Strengths and Weaknesses

Strengths of Removing Filters

• Encourages decentralized innovation.
• Simplifies development and maintenance.
• Maintains ideological purity of a permissionless system.

Weaknesses of Removing Filters

• Opens the door to increased non-financial data and potential spam.
• May dilute Bitcoin’s core purpose as sound money.
• Risks short-term exploitation before economic filters adapt.

Strengths of Keeping Filters

• Preserves Bitcoin’s identity and original purpose.
• Provides a simple protective mechanism against abuse.
• Aligns with conservative development philosophy of Bitcoin Core.

Weaknesses of Keeping Filters

• Encourages central decision-making on allowed use cases.
• Leads to workarounds that may be less efficient or obscure.
• Discourages novel but legitimate applications.

Long-Term Consequences

If Filters Are Removed

• Positive: Potential boom in new applications, better interoperability, cleaner architecture.
• Negative: Risk of increased blockchain size, more bandwidth/storage costs, spam wars.

If Filters Are Retained

• Positive: Preserves monetary focus and operational discipline.
• Negative: Alienates developers seeking broader use cases, may ossify the protocol.

Conclusion

The debate highlights a core philosophical split in Bitcoin: whether it should remain a narrow monetary system or evolve into a broader data layer for decentralized applications. Both paths carry risks and tradeoffs. The outcome will shape not just Bitcoin's technical direction but its social contract and future role in the broader crypto ecosystem.

@ c9badfea:610f861a

1. Install LibreTorrent (it's free and open source)
2. Search for torrents on various sources (see links below)
3. Copy the torrent's 🧲️ Magnet Link
4. Open LibreTorrent, tap the + icon, and select Add Link
5. Paste the magnet link and tap Add
6. The app will display the torrent's details and files; tap the ✓ icon to start the download

Some Sources

• FMHY
• The Pirate Bay
• Torrends
• 1337x

ℹ️ Magnet links start with magnet:?

ℹ️ Tapping a magnet link usually opens LibreTorrent automatically

⚠️ Using a VPN is strongly recommended

@ e97aaffa:2ebd765d

Quando tentamos simplificar/ilustrar algo que é extremamente complexo, pode resultar em algo distorcido. Apesar do resultado sair distorcido, continua a ser a melhor representação, temos é que ter em mente que essa distorção existe quando analisamos essa informação.

O maior exemplo, é o mapa mundi, quando transformamos uma esfera em algo plano, é natural que crie distorções, como quanto mais perto dos polos, os países são sobredimensionados em relação aos que estão mais perto da linha do Equador.

Esta infografia criada pelo Saylor é comumente utilizada, mas esta deve ser utilizada com moderação, porque a informação também está distorcida.

Assim, sempre que alguém utiliza estes dados para fazer análises, deve estar ciente que existem distorções. Primeiro, em alguns ativos os valores são impossíveis de calcular, são apenas estimativas. Já foram feitos vários estudos, e sempre com valores bastantes díspares.

Depois, esta infografia simplifica demasiado, não sendo visível a sobreposição de ativos, por exemplo, as empresas possuem outros ativos, isso significa, que não podemos fazer somas simples. Ou seja, se somarmos as Equities (115T) e os Bonds(300T) não resulta em $415 Triliões de riqueza, o real valor é inferior.

Vamos a dois bons exemplos:

A Berkshire Hathaway, a empresa de Warren Buffett, que o seu atual core business é investir em outras empresas. Apesar de neste momento, ter uma enorme liquidez, está a aguardar pelo momento certo para voltar ao mercado.

A outra empresa é MicroStrategy, que gradualmente está-se a transformar num banco Bitcoin. O seu negócio inicial, começa a ser insignificante, para a sua atual dimensão, está a fazer um percurso muito similar à Berkshire Hathaway, enquanto a Berkshire Hathaway redirecionou o seu negócio para o investimento em ações, a MicroStrategy para o Bitcoin.

Um erro comum entre alguns bitcoiners quando fazem estimativas baseada nesta tabela, é acreditarem que o crescimento do valor do Bitcoin, vai resultar numa redução do valor das Equities. Isso não vai acontecer, porque as empresas também vão possuir Bitcoin na sua tesouraria, logo se o valor do bitcoin subir, as equities também o vão.

Onde o Bitcoin vai certamente impactar, é nas Bonds e no Real Estate.

Assim para concluir, esta infografia é interessante para fazer cálculos ou análises, mas não podemos esquecer que contém distorções.

@ 2b24a1fa:17750f64

Ein Gedicht unserer Zeit von Lionne Douce.

Sprecherin: Sabrina Khalil

https://soundcloud.com/radiomuenchen/der-gutmenschzug-ist-da-von?

@ a008def1:57a3564d

A Vision for #GitViaNostr

Git has long been the standard for version control in software development, but over time, we has lost its distributed nature. Originally, Git used open, permissionless email for collaboration, which worked well at scale. However, the rise of GitHub and its centralized pull request (PR) model has shifted the landscape.

Now, we have the opportunity to revive Git's permissionless and distributed nature through Nostr!

We’ve developed tools to facilitate Git collaboration via Nostr, but there are still significant friction that prevents widespread adoption. This article outlines a vision for how we can reduce those barriers and encourage more repositories to embrace this approach.

First, we’ll review our progress so far. Then, we’ll propose a guiding philosophy for our next steps. Finally, we’ll discuss a vision to tackle specific challenges, mainly relating to the role of the Git server and CI/CD.

I am the lead maintainer of ngit and gitworkshop.dev, and I’ve been fortunate to work full-time on this initiative for the past two years, thanks to an OpenSats grant.

How Far We’ve Come

The aim of #GitViaNostr is to liberate discussions around code collaboration from permissioned walled gardens. At the core of this collaboration is the process of proposing and applying changes. That's what we focused on first.

Since Nostr shares characteristics with email, and with NIP34, we’ve adopted similar primitives to those used in the patches-over-email workflow. This is because of their simplicity and that they don’t require contributors to host anything, which adds reliability and makes participation more accessible.

However, the fork-branch-PR-merge workflow is the only model many developers have known, and changing established workflows can be challenging. To address this, we developed a new workflow that balances familiarity, user experience, and alignment with the Nostr protocol: the branch-PR-merge model.

This model is implemented in ngit, which includes a Git plugin that allows users to engage without needing to learn new commands. Additionally, gitworkshop.dev offers a GitHub-like interface for interacting with PRs and issues. We encourage you to try them out using the quick start guide and share your feedback. You can also explore PRs and issues with gitplaza.

For those who prefer the patches-over-email workflow, you can still use that approach with Nostr through gitstr or the ngit send and ngit list commands, and explore patches with patch34.

The tools are now available to support the core collaboration challenge, but we are still at the beginning of the adoption curve.

Before we dive into the challenges—such as why the Git server setup can be jarring and the possibilities surrounding CI/CD—let’s take a moment to reflect on how we should approach the challenges ahead of us.

Philosophy

Here are some foundational principles I shared a few years ago:

• Let Git be Git
• Let Nostr be Nostr
• Learn from the successes of others

I’d like to add one more:

• Embrace anarchy and resist monolithic development.

Micro Clients FTW

Nostr celebrates simplicity, and we should strive to maintain that. Monolithic developments often lead to unnecessary complexity. Projects like gitworkshop.dev, which aim to cover various aspects of the code collaboration experience, should not stifle innovation.

Just yesterday, the launch of following.space demonstrated how vibe-coded micro clients can make a significant impact. They can be valuable on their own, shape the ecosystem, and help push large and widely used clients to implement features and ideas.

The primitives in NIP34 are straightforward, and if there are any barriers preventing the vibe-coding of a #GitViaNostr app in an afternoon, we should work to eliminate them.

Micro clients should lead the way and explore new workflows, experiences, and models of thinking.

Take kanbanstr.com. It provides excellent project management and organization features that work seamlessly with NIP34 primitives.

From kanban to code snippets, from CI/CD runners to SatShoot—may a thousand flowers bloom, and a thousand more after them.

Friction and Challenges

The Git Server

In #GitViaNostr, maintainers' branches (e.g., master) are hosted on a Git server. Here’s why this approach is beneficial:

• Follows the original Git vision and the "let Git be Git" philosophy.
• Super efficient, battle-tested, and compatible with all the ways people use Git (e.g., LFS, shallow cloning).
• Maintains compatibility with related systems without the need for plugins (e.g., for build and deployment).
• Only repository maintainers need write access.

In the original Git model, all users would need to add the Git server as a 'git remote.' However, with ngit, the Git server is hidden behind a Nostr remote, which enables:

• Hiding complexity from contributors and users, so that only maintainers need to know about the Git server component to start using #GitViaNostr.
• Maintainers can easily swap Git servers by updating their announcement event, allowing contributors/users using ngit to automatically switch to the new one.

Challenges with the Git Server

While the Git server model has its advantages, it also presents several challenges:

1. Initial Setup: When creating a new repository, maintainers must select a Git server, which can be a jarring experience. Most options come with bloated social collaboration features tied to a centralized PR model, often difficult or impossible to disable.

2. Manual Configuration: New repositories require manual configuration, including adding new maintainers through a browser UI, which can be cumbersome and time-consuming.

3. User Onboarding: Many Git servers require email sign-up or KYC (Know Your Customer) processes, which can be a significant turn-off for new users exploring a decentralized and permissionless alternative to GitHub.

Once the initial setup is complete, the system works well if a reliable Git server is chosen. However, this is a significant "if," as we have become accustomed to the excellent uptime and reliability of GitHub. Even professionally run alternatives like Codeberg can experience downtime, which is frustrating when CI/CD and deployment processes are affected. This problem is exacerbated when self-hosting.

Currently, most repositories on Nostr rely on GitHub as the Git server. While maintainers can change servers without disrupting their contributors, this reliance on a centralized service is not the decentralized dream we aspire to achieve.

Vision for the Git Server

The goal is to transform the Git server from a single point of truth and failure into a component similar to a Nostr relay.

Functionality Already in ngit to Support This

1. State on Nostr: Store the state of branches and tags in a Nostr event, removing reliance on a single server. This validates that the data received has been signed by the maintainer, significantly reducing the trust requirement.

2. Proxy to Multiple Git Servers: Proxy requests to all servers listed in the announcement event, adding redundancy and eliminating the need for any one server to match GitHub's reliability.

Implementation Requirements

To achieve this vision, the Nostr Git server implementation should:

1. Implement the Git Smart HTTP Protocol without authentication (no SSH) and only accept pushes if the reference tip matches the latest state event.

2. Avoid Bloat: There should be no user authentication, no database, no web UI, and no unnecessary features.

3. Automatic Repository Management: Accept or reject new repositories automatically upon the first push based on the content of the repository announcement event referenced in the URL path and its author.

Just as there are many free, paid, and self-hosted relays, there will be a variety of free, zero-step signup options, as well as self-hosted and paid solutions.

Some servers may use a Web of Trust (WoT) to filter out spam, while others might impose bandwidth or repository size limits for free tiers or whitelist specific npubs.

Additionally, some implementations could bundle relay and blossom server functionalities to unify the provision of repository data into a single service. These would likely only accept content related to the stored repositories rather than general social nostr content.

The potential role of CI / CD via nostr DVMs could create the incentives for a market of highly reliable free at the point of use git servers.

This could make onboarding #GitViaNostr repositories as easy as entering a name and selecting from a multi-select list of Git server providers that announce via NIP89.

!(image)[https://image.nostr.build/badedc822995eb18b6d3c4bff0743b12b2e5ac018845ba498ce4aab0727caf6c.jpg]

Git Client in the Browser

Currently, many tasks are performed on a Git server web UI, such as:

• Browsing code, commits, branches, tags, etc.
• Creating and displaying permalinks to specific lines in commits.
• Merging PRs.
• Making small commits and PRs on-the-fly.

Just as nobody goes to the web UI of a relay (e.g., nos.lol) to interact with notes, nobody should need to go to a Git server to interact with repositories. We use the Nostr protocol to interact with Nostr relays, and we should use the Git protocol to interact with Git servers. This situation has evolved due to the centralization of Git servers. Instead of being restricted to the view and experience designed by the server operator, users should be able to choose the user experience that works best for them from a range of clients. To facilitate this, we need a library that lowers the barrier to entry for creating these experiences. This library should not require a full clone of every repository and should not depend on proprietary APIs. As a starting point, I propose wrapping the WASM-compiled gitlib2 library for the web and creating useful functions, such as showing a file, which utilizes clever flags to minimize bandwidth usage (e.g., shallow clone, noblob, etc.).

This approach would not only enhance clients like gitworkshop.dev but also bring forth a vision where Git servers simply run the Git protocol, making vibe coding Git experiences even better.

song

nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 created song with a complementary vision that has shaped how I see the role of the git server. Its a self-hosted, nostr-permissioned git server with a relay baked in. Its currently a WIP and there are some compatability with ngit that we need to work out.

We collaborated on the nostr-permissioning approach now reflected in nip34.

I'm really excited to see how this space evolves.

CI/CD

Most projects require CI/CD, and while this is often bundled with Git hosting solutions, it is currently not smoothly integrated into #GitViaNostr yet. There are many loosely coupled options, such as Jenkins, Travis, CircleCI, etc., that could be integrated with Nostr.

However, the more exciting prospect is to use DVMs (Data Vending Machines).

DVMs for CI/CD

Nostr Data Vending Machines (DVMs) can provide a marketplace of CI/CD task runners with Cashu for micro payments.

There are various trust levels in CI/CD tasks:

• Tasks with no secrets eg. tests.
• Tasks using updatable secrets eg. API keys.
• Unverifiable builds and steps that sign with Android, Nostr, or PGP keys.

DVMs allow tasks to be kicked off with specific providers using a Cashu token as payment.

It might be suitable for some high-compute and easily verifiable tasks to be run by the cheapest available providers. Medium trust tasks could be run by providers with a good reputation, while high trust tasks could be run on self-hosted runners.

Job requests, status, and results all get published to Nostr for display in Git-focused Nostr clients.

Jobs could be triggered manually, or self-hosted runners could be configured to watch a Nostr repository and kick off jobs using their own runners without payment.

But I'm most excited about the prospect of Watcher Agents.

CI/CD Watcher Agents

AI agents empowered with a NIP60 Cashu wallet can run tasks based on activity, such as a push to master or a new PR, using the most suitable available DVM runner that meets the user's criteria. To keep them running, anyone could top up their NIP60 Cashu wallet; otherwise, the watcher turns off when the funds run out. It could be users, maintainers, or anyone interested in helping the project who could top up the Watcher Agent's balance.

As aluded to earlier, part of building a reputation as a CI/CD provider could involve running reliable hosting (Git server, relay, and blossom server) for all FOSS Nostr Git repositories.

This provides a sustainable revenue model for hosting providers and creates incentives for many free-at-the-point-of-use hosting providers. This, in turn, would allow one-click Nostr repository creation workflows, instantly hosted by many different providers.

Progress to Date

nostr:npub1hw6amg8p24ne08c9gdq8hhpqx0t0pwanpae9z25crn7m9uy7yarse465gr and nostr:npub16ux4qzg4qjue95vr3q327fzata4n594c9kgh4jmeyn80v8k54nhqg6lra7 have been working on a runner that uses GitHub Actions YAML syntax (using act) for the dvm-cicd-runner and takes Cashu payment. You can see example runs on GitWorkshop. It currently takes testnuts, doesn't give any change, and the schema will likely change.

Note: The actions tab on GitWorkshop is currently available on all repositories if you turn on experimental mode (under settings in the user menu).

It's a work in progress, and we expect the format and schema to evolve.

Easy Web App Deployment

For those disapointed not to find a 'Nostr' button to import a git repository to Vercel menu: take heart, they made it easy. vercel.com_import_options.png there is a vercel cli that can be easily called in CI / CD jobs to kick of deployments. Not all managed solutions for web app deployment (eg. netlify) make it that easy.

Many More Opportunities

Large Patches via Blossom

I would be remiss not to mention the large patch problem. Some patches are too big to fit into Nostr events. Blossom is perfect for this, as it allows these larger patches to be included in a blossom file and referenced in a new patch kind.

Enhancing the #GitViaNostr Experience

Beyond the large patch issue, there are numerous opportunities to enhance the #GitViaNostr ecosystem. We can focus on improving browsing, discovery, social and notifications. Receiving notifications on daily driver Nostr apps is one of the killer features of Nostr. However, we must ensure that Git-related notifications are easily reviewable, so we don’t miss any critical updates.

We need to develop tools that cater to our curiosity—tools that enable us to discover and follow projects, engage in discussions that pique our interest, and stay informed about developments relevant to our work.

Additionally, we should not overlook the importance of robust search capabilities and tools that facilitate migrations.

Concluding Thoughts

The design space is vast. Its an exciting time to be working on freedom tech. I encourage everyone to contribute their ideas and creativity and get vibe-coding!

I welcome your honest feedback on this vision and any suggestions you might have. Your insights are invaluable as we collaborate to shape the future of #GitViaNostr. Onward.

Contributions

To conclude, I want to acknowledge some the individuals who have made recent code contributions related to #GitViaNostr:

nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 (gitstr, song, patch34), nostr:npub1useke4f9maul5nf67dj0m9sq6jcsmnjzzk4ycvldwl4qss35fvgqjdk5ks (gitplaza)

nostr:npub1elta7cneng3w8p9y4dw633qzdjr4kyvaparuyuttyrx6e8xp7xnq32cume (ngit contributions, git-remote-blossom),nostr:npub16p8v7varqwjes5hak6q7mz6pygqm4pwc6gve4mrned3xs8tz42gq7kfhdw (SatShoot, Flotilla-Budabit), nostr:npub1ehhfg09mr8z34wz85ek46a6rww4f7c7jsujxhdvmpqnl5hnrwsqq2szjqv (Flotilla-Budabit, Nostr Git Extension), nostr:npub1ahaz04ya9tehace3uy39hdhdryfvdkve9qdndkqp3tvehs6h8s5slq45hy (gnostr and experiments), and others.

nostr:npub1uplxcy63up7gx7cladkrvfqh834n7ylyp46l3e8t660l7peec8rsd2sfek (git-remote-nostr)

Project Management nostr:npub1ltx67888tz7lqnxlrg06x234vjnq349tcfyp52r0lstclp548mcqnuz40t (kanbanstr) Code Snippets nostr:npub1ygzj9skr9val9yqxkf67yf9jshtyhvvl0x76jp5er09nsc0p3j6qr260k2 (nodebin.io) nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac (snipsnip.dev)

CI / CD nostr:npub16ux4qzg4qjue95vr3q327fzata4n594c9kgh4jmeyn80v8k54nhqg6lra7 nostr:npub1hw6amg8p24ne08c9gdq8hhpqx0t0pwanpae9z25crn7m9uy7yarse465gr

and for their nostr:npub1c03rad0r6q833vh57kyd3ndu2jry30nkr0wepqfpsm05vq7he25slryrnw nostr:npub1qqqqqq2stely3ynsgm5mh2nj3v0nk5gjyl3zqrzh34hxhvx806usxmln03 and nostr:npub1l5sga6xg72phsz5422ykujprejwud075ggrr3z2hwyrfgr7eylqstegx9z for their testing, feedback, ideas and encouragement.

Thank you for your support and collaboration! Let me know if I've missed you.

@ 2b24a1fa:17750f64

Die Satire Muxmäuchenstill von 2004 erzählt die Geschichte des 30-jährigen Mux, der seine Mitbürgern zu mehr Verantwortungsbewusstsein erziehen möchte. Dazu stellt er Raser, Schwarzfahrer, Graffiti-Sprüher, Falschparker, Ladendiebe und Vergewaltiger, konfrontiert sie mit ihrem Verhalten und bestraft sie.

https://soundcloud.com/radiomuenchen/muxmauschenstill-x-interview-mit-jan-henrik-stahlberg?

Als Mitstreiter gewinnt er Arbeits- und Obdachlose. Mux’ fanatische Ein-Mann-Mission wächst zu einem kleinen Unternehmen. Auch privat kann er seinen Moralismus nicht zügeln und erschießt seine Freundin. Am Ende des Films wird er von einem Raser überfahren.

Ab 1. Mai läuft die Fortsetzung in den Kinos: Muxmäuschenstill X: muxfilm.de/. Nach zwanzig Jahre Wachkoma findet sich Mux in einer Welt wieder, die er nicht mehr versteht: dem wunderbaren Neoliberalismus. Wieder möchte Mux die Menschen erziehen. Doch diesmal kämpft er gegen ein System, das alles durchdringt, die Welt spaltet, unsere Lebensgrundlagen zerstört, die Reichen reicher macht und die Armen ärmer. Mux gründet den Muxismus und schart die Aussortierten des Systems um sich.

Drehbuchautor und Hauptdarsteller Jan Henrik Stahlberg führt diesmal auch Regie. Unser Autor Jonny Rieder hat mit Jan Henrik Stahlberg über seinen neuen Film gesprochen. Zunächst wollte er wissen, wo für ihn die Grenze verläuft zwischen Übergriffigkeit und Zivilcourage und wie er Mux hier einordnet.

Bild: Mux Filmproduktion

@ 83279ad2:bd49240d

@ c913b8e3:8704332c

Absurdities from Finland

Hydrogen, Railways, and Datacenters: Just an Armchair Economist Ranting (Expect Zero Value)

"Next year we'll have growth!" they promise. Again. And again. And again.

The "economists" who yell and preach about this are just state puppets. The track record: 17-18 years of zero growth.

Finland, 1980-2025: Real GDP growth stagnant (red) while prices still bite (blue). After 2008 Red line - 17 years of “wait till next year.” — IMF DataMapper, April 2025

Why do the experts always get it wrong? Here in Finland, everybody is blinded by Keynesianism.

• Low interest rates

• High spending

Even those I once thought had "common sense" have become blind. They mistake subsidized sectors for "growth." So in love with the state, they ignore incentives, time preference, and basic economics.

New brave Finland - Hydrogen economy (1)

Launch event: free champagne, no customers. Taxpayers pay.

“Finland’s hydrogen economy is stuttering - there’s still no real market for it, so officials insist it must be manufactured with policy decrees and taxpayer subsidies.”

“Once science has to serve, not truth, but the interests of a state, argument exists only to vindicate the approved belief.” — The Road to Serfdom, ch. 11

Malinvestment Musical. Subsidies shuffle capital from things consumers actually want, such as lower electricity prices. Healthcare that works? I honestly don’t even know; Finnish people have become lazy and idiotic.

The Cantillon effect from this “green stimulus” showers money on consultants and lobbyists first; the average worker gets the hangover in the form of higher power bills and grocery prices.

Only companies living on subsidies call it “the future.”

(Sometimes I wish I was an engineer so I could do shit instead of just whining like a proper economist. At least then I could build something useful instead of just talking shit. Even with my limited knowledge of physics, I understand hydrogen is an inefficient way to store electricity - the laws of thermodynamics don't care about government subsidies.)

Hurray, we love the railways (2)

NATO will bring investments to Finland - Hurray!

We must rip up perfectly good tracks so we can afford to move troops we can no longer afford.

War talk has clouded judgment: when “national security” is the slogan, cost-benefit math is treason. As Hayek warned, the road to serfdom is always paved with strategic necessity.

• What, exactly, is a "sufficient" defense for five million Finns? (Asking this here makes you a Russian Bot, though I don't like Russia or Putin.)

• Who decides when the price tag crosses from prudent to reckless?

If hatred of an external foe sets every budget line, freedom and prosperity shrink to the margins.

In other words, the track to “strategic readiness” can be the same track to serfdom -just painted NATO blue.

When an economy flat-lines for 17 years, nothing says “revival” like swapping 1,435 mm of track for 1,520 mm - and calling it growth.

Finnish economists and "liberalists" are celebrating this? (pics in the end, can't read that X much, it has become so idiotic).

l

The Ministry of Transport has estimated that the cost of conversion work for the railway section between Haparanda and Oulu alone will exceed 1.5 billion euros. The distance is about 150 kilometers. (ESTIMATION…)

New Brave Finland – Datacenter Dissonance (3)

Well, our little minister was not involved so bad, bad, and bad!

Apparently, the box is evil if it says TikTok, but awesome if the logo reads Meta or Google. Hey, all of them are shit, just producing brain rot and stealing our data.

Low temps, reliable grid, sparse population - Finland is a logical server-farm host (shithole). But let's call it what it is: a capital-intensive, low-employment utility business. Selling it as a "high-tech jobs boom" is wishful accounting. The politicians like to yell that these investments are "Billions and Billions," yes, but how much stays in Finland? Some construction jobs and a handful of cleaners? Fucking exquisite.

"Digital Red Menace!" Lohjalainen Harri panics about Chinese bytes corrupting Finnish soil. His brilliant plan? Pray the project fails "Lohjan malliin." Nothing says "economic prosperity" like hoping jobs don't materialize! Peak Finnish paradox: pray for investments and fumble them with bureaucracy or nationalist paranoia.

What cybersecurity threat do these server farms pose to Finland? Absolutely fucking none. The data doesn't care where it sits. TikTok videos don't turn into communist spies when stored in Kouvola/Lohja. Absurd and idiotic.

Yes TikTok is brainrot and stupid shit, you have to be an idiot to install that app on your phone, but it's consumer choice - if you want it then go for it, fucking idiot. Same goes for Facebook, Instagram, all that dopamine garbage.

The Datacenter Paradox: Finland needs investment but fears investors. It celebrates clean industry then hyperventilates about who owns the servers. Classic malinvestment by decree - politicians picking winners.

Datacenters can be fine investments… BUT let's be honest about the tradeoffs. All the value goes abroad. Every megawatt sent to datacenters is not available for households or actual productive industry. Basic economics: when datacenters consume 5-10% of Finland's electricity, prices rise for everyone else. Your heating bill subsidizes Facebook's server cooling. Another brilliant example of the invisible tax of political favoritism.

The Bitcoin Alternative No One Will Discuss: Here's the real irony - datacenters can't be easily switched off during peak demand, creating grid rigidity. Bitcoin mining farms, meanwhile, could be turned on/off based on grid needs, serving as perfect complementary loads for Finland's growing but inconsistent renewable energy (wind/solar). Miners would pay premium rates during excess generation and shut down during shortages - a genuine market solution! But no, can't have sound money solutions in Finland. Better to have Googles servers running 24/7 regardless of grid conditions than allow the evil Bitcoin to improve our renewable energy economics. God forbid we actually use a solution that simultaneously strengthens the grid, supports renewables, AND promotes sound money. That might accidentally lead to common sense, and we can't have that in Finland.

General Observations: The Finnish Decay

Finland is slowly becoming like southern Europe, where nothing gets done on time. We used to laugh at how inefficient and idiotic it is there, but it is now the same here. I got a reply from my Bank after 4-5 months of sending a message. Asking for offers? Wait 3-4 months in some cases (I had this with garbage service). Need a solid service man? Let's see if somebody is free in 2 weeks? Well, I am also becoming like this with my business; nobody even cares.

Rotting services and entertainment

Hard to imagine our restaurant industry was almost on par with Sweden and Denmark just +5 years ago. Today? How many good restaurants have quit? How many Michelin stars have we lost?

Well, how about concerts? Our biggest stadium this summer will host Iron Maiden in June and Robbie Williams in September. WTF? Even the Baltic states can attract bigger names than Finland, this is becoming total shithole in every aspect.

Why?

COVID, collapsing purchasing power, bureaucracy cancer, tax asphyxiation, war hysteria, sheepish compliance, and state dependency.

The entrepreneurial drive that once built world-leading companies has withered. Why innovate when bureaucrats decide winners? Why take risks when failure is punished extremely hard (lifelong debt prison, and shame) and success is taxed away?

The result: economic stagnation rationalized as "social stability" and "equality."

Economic literacy has collapsed. Even the economists here don't grasp the basic concepts, so how on earth could the average citizen? The scariest part is that they don't even care. They've outsourced their economic thinking to the state, the same way they've outsourced their responsibility and risk management. The blind leading the blind, straight to economic mediocrity.

The Finnish Decay: When Will We Say "Enough"?

It would be a good idea to write a book in a similar style to Lawrence Lepard's Big Print: What Happened To America And How Sound Money Will Fix It.

Make readers mad! Advocate for hard money and small government.

Problems? and What's next? Recession 1990s → Nokia Mirage → Euro‑Zone Handcuffs → GFC & The Silent Depression → Everyday Decay → Complete state dependency or get mad?

A glimmer of hope: Despite the lost decades, there's a spark in Finland's youth. They hustle and show more entrepreneurial spirit, saving habits, and investment interest than their parents.

In 1999, we were a top country in education, technology, healthcare, and debt contracted on top of that we were one of the safest places to live, we didn’t lock the bikes and even the doors…

Now look at us?

When will Finns wake up and say enough?

As Hayek warned: "A movement whose main promise is the relief from responsibility cannot but be antimoral in its effect, however lofty the ideals." We've outsourced our moral obligations to an impersonal state, weakening "both the willingness to bear responsibility and the consciousness that it is our own individual duty."

We need a hard money and personal responsibility renaissance.

Coming soon: "How Sound Money and Small Government Can Save Finland From Its Slow-Motion Suicide"

News and sources:

I recently finished reading F.A. Hayek's "The Road to Serfdom" (1944). The similarities between Hayek's warnings and Finland's current course are striking. Europe and Finland are ramping up defence spending to ridiculous levels, now even talking over 5% GDP levels, which is total insanity. What would be enough for defence? We have little freedoms left here in Finland (and Europe), and in pursuit of “security,” we might lose it all. Central planners who believe they can direct an economy better than market forces are just clowns, from hydrogen to datacenter politics. What market forces have we left in Finland? I can breath freely? Soon that will be taxed too. Next we have CBDC coming up in EU.

I highly recommend reading "The Road to Serfdom." Its analysis of how good intentions lead to economic ruin remains as relevant in 2025 as it was in 1944. I feel like a total idiot for not reading it before.

Read 27 books so far this year, thx for Jack Dorsey “reading challenge” I started this in March, aim was 50 book but now we aim to 100, so fucking good to read books!

New brave Finland - Hydrogen economy (1) ://www.is.fi/kotimaa/art-2000011199663.html

Railways (2): https://yle.fi/a/74-20161549 and https://yle.fi/a/74-20161793

Datacenters (3): https://yle.fi/a/74-20160436

Hope its not russian or Chinese? Harri (4) https://www.hs.fi/suomi/art-2000011229295.html

https://youtu.be/6XbG6aIUlog

@ 2b24a1fa:17750f64

Eine Stunde Klassik! Der Münchner Pianist und "Musikdurchdringer" Jürgen Plich stellt jeden Dienstag um 20 Uhr bei Radio München (https://radiomuenchen.net/stream/) große klassische Musik vor. Er teilt seine Hör- und Spielerfahrung und seine persönliche Sicht auf die Meisterwerke. Er spielt selbst besondere, unbekannte Aufnahmen, erklärt, warum die Musik so und nicht anders klingt und hat eine Menge aus dem Leben der Komponisten zu erzählen.

Sonntags um 10 Uhr in der Wiederholung. Oder hier zum Nachhören:

https://soundcloud.com/radiomuenchen/eine-stunde-klassik-franz-schubert-und-peter-anders-besingen-den-fruhling?

@ 83279ad2:bd49240d

@ 52b4a076:e7fad8bd

I have been recently building NFDB, a new relay DB. This post is meant as a short overview.

Regular relays have challenges

Current relay software have significant challenges, which I have experienced when hosting Nostr.land: - Scalability is only supported by adding full replicas, which does not scale to large relays. - Most relays use slow databases and are not optimized for large scale usage. - Search is near-impossible to implement on standard relays. - Privacy features such as NIP-42 are lacking. - Regular DB maintenance tasks on normal relays require extended downtime. - Fault-tolerance is implemented, if any, using a load balancer, which is limited. - Personalization and advanced filtering is not possible. - Local caching is not supported.

NFDB: A scalable database for large relays

NFDB is a new database meant for medium-large scale relays, built on FoundationDB that provides: - Near-unlimited scalability - Extended fault tolerance - Instant loading - Better search - Better personalization - and more.

Search

NFDB has extended search capabilities including: - Semantic search: Search for meaning, not words. - Interest-based search: Highlight content you care about. - Multi-faceted queries: Easily filter by topic, author group, keywords, and more at the same time. - Wide support for event kinds, including users, articles, etc.

Personalization

NFDB allows significant personalization: - Customized algorithms: Be your own algorithm. - Spam filtering: Filter content to your WoT, and use advanced spam filters. - Topic mutes: Mute topics, not keywords. - Media filtering: With Nostr.build, you will be able to filter NSFW and other content - Low data mode: Block notes that use high amounts of cellular data. - and more

Other

NFDB has support for many other features such as: - NIP-42: Protect your privacy with private drafts and DMs - Microrelays: Easily deploy your own personal microrelay - Containers: Dedicated, fast storage for discoverability events such as relay lists

Calcite: A local microrelay database

Calcite is a lightweight, local version of NFDB that is meant for microrelays and caching, meant for thousands of personal microrelays.

Calcite HA is an additional layer that allows live migration and relay failover in under 30 seconds, providing higher availability compared to current relays with greater simplicity. Calcite HA is enabled in all Calcite deployments.

For zero-downtime, NFDB is recommended.

Noswhere SmartCache

Relays are fixed in one location, but users can be anywhere.

Noswhere SmartCache is a CDN for relays that dynamically caches data on edge servers closest to you, allowing: - Multiple regions around the world - Improved throughput and performance - Faster loading times

routerd

routerd is a custom load-balancer optimized for Nostr relays, integrated with SmartCache.

routerd is specifically integrated with NFDB and Calcite HA to provide fast failover and high performance.

Ending notes

NFDB is planned to be deployed to Nostr.land in the coming weeks.

A lot more is to come. 👀️️️️️️

@ 04ea4f83:210e1713

Veröffentlicht auf Youtube am 19.01.2024\ Originalautor: Bitcoin University\ Übersetzt und angepasst von: Sinautoshi am 21.01.2024 - 825611\ \ Dieser Artikel wird auf der Website von European Bitcoiners nur zu Bildungs-, Informations- und Übersetzungszwecken zur Verfügung gestellt und stellt weder eine finanzielle Beratung noch einen Anspruch auf die im Bericht erwähnten Details dar.\ \ Alle Rechte liegen bei dem Autor des Originals.

Du hast auch begrenzte Zeit um Bitcoin zu verstehen und zu nutzen.

Also, wie bestimmst du nun wie du deine begrenzte Zeit sinnvoll einsetzt?

Weg #1: Shitcoiner/Altcoiner

Dein Tag als Shitcoiner:

• Schaue viele Youtube Videos mit den Vorschaubildern von Kerlen mit offenem Mund, weil die dich mit einfach mit den besten Informationen versorgen

• Den Preis von einem dutzend Kryptowährungen mindestens ein paar hundertmal checken
• Ehrfurchtsvoll Krypto Trading Charts lesen
• Sicher gehen, dass du niemals deine Performance in BTC misst, da dies dir zeigen könnte, dass Shitcoins doch nicht so eine gute Idee ist
• Das Internet nach Informationen durchforstest, welcher Coin als nächstes groß rauskommen wird um dabei nach folgenden Schema vorzugehen:\ - Versuche frühzeitig zu kaufen\ - Versuche nicht abgezockt zu werden\ - Dann schnell verkaufen\ - Einen großen Teil des Gewinns direkt ans Finanzamt abdrücken\ - Und nun alles wieder von vorn!\ \ VERTRAU MIR JUNGE, SO WERDEN WIR ALLE MILLIONÄRE!!!!
• Achtung (!), du brauchst nur den passenden Guru oder Online Trading Berater, der dir sagt welche Kryptowährung und dir stündlich, die passenden Trading-Signale schickt
• Das einzig wichtige: schalte niemals dein eigenes Hirn an.
• Versuche nicht zu verstehen wie ein Markt funktioniert
• Springe von Gerücht zu Gerücht und kümmere dich nur um das Allerneuste

Vertraue einfach anderen Leute dir zu sagen was du zu denken hast, denn schließlich hat reich werden nichts damit zu tun an sich zu arbeiten und echte Fähigkeiten zu lernen.

Das Patentrezept ist der Hochfrequenz-Handel während man im Schlafanzug vor dem PC sitzt.

Falls du doch mal abgezogen werden solltest:

Stelle sicher, dass du auf Telegram einen ausgezeichneten Online Wiederherstellungsdienst bezahlst, der dir hilft die Coins wiederzuholen.

Lass dir dabei vorlügen, dass alle Bitcoin und Kryptotransaktionen rückgängig zu machen sind, obwohl sie IRREVERSIBEL sind.

Genieß deine Shitcoinerei - sie könnte nicht von langer Dauer sein.

Immerhin hast du nun ein paar Dopamin Stöße bekommen.

Weg #2: Bitcoiner

Wenn dir der Dopamin Stoß wichtiger ist als harte Arbeit, dann ist dieser Weg sicherlich nichts für dich.

Der Tag im Leben eines Bitcoiners:

• Prüft nicht den Preis
• Kauft ein bisschen BTC, sobald etwas Bargeld reinkommt oder macht einfach regelmäßiges DCA
• Bleibt am Ball um zu verstehen wie Bitcoin funktioniert
• Versteht die Anreize, welche das Bitcoin Netzwerk schützt
• Versteht den Unterschied zwischen Proof of Work und Proof of Stake
• Versteht was Miner, Mining Pools, Nodes, XPubs und UTXO sind
• Versteht die Grundlagen eines asymmetrischen Verschlüsselungsverfahren und was es so nützlich macht
• Versteht wie verschiedene Attacken gegen Bitcoin aussehen könnten und warum sie erfolgreich seien oder fehlschlagen müssten
• Lernt wie man eine Hardware Wallet sicher aufsetzt und wiederherstellt
• Lernt wie man die Hardware Wallet mit Sparrow oder Nunchuk verbindet
• Spielt mit Nodes herum auf einem Desktop, Laptop oder Mini PC
• Versteht wie Wiederherstellungsphrasen und Passphrasen funktionieren
• Versteht die Vor- und Nachteile von Single-Sig und Multi-Sig
• Entwickelt seine persönliche Aufbewahrungsmethode, die ihn vor verschiedenen Szenarien schützt
• Weiß wie man eine Hardware Wallet zurücksetzt und sie wiederherstellt
• Weiß wie man seine Bitcoin schnell und überall in die Welt mitnehmen kann, falls das nötig sein sollte
• Weiß wie man seine Bitcoin zwischen den verschiedenen Ebenen wie Lightning und Liquid bewegen kann
• Weiß wie man eine Bitcoin im Lightning Netzwerk selbst verwahren kann wie z.B. mit Phoenix Wallet
• Lernt wie man eine Lightning Node betreibt
• Weiß wie man Bitcoin ohne Identifizierungsverfahren kauft
• Weiß wie und wann man seine Bitcoin mit einer Coinjoin Transaktion verschleiert
• Arbeitet hart in der echten Welt um seinen Lohn in Bitcoin zu tauschen
• Schaut nach Möglichkeiten Bitcoin direkt zu verdienen, entweder durch den Hauptjob oder einen kleinen Nebenjob
• Lernt wie man Software mit GPG verifiziert
• Versteht wie Lightning, Splicing, Liquid und Fedimint arbeiten

Es gibt einfach so viele zu lernen und du wirst einsehen, dass das Trading von Shitcoins einfach Zeitverschwendung ist, wenn man auch die aufgelisteten Fähigkeiten lernen könnte. Dazu wird die übrige Zeit mit Folgendem verbracht:

• Viel Zeit in der Natur
• Atmen von frischer Luft
• Etwas Sonne abbekommen
• Laufen, Joggen und Gewichtstraining
• Kochen, und das mit guten Zutaten
• Zeit mit den Liebsten verbringen, während man abgekoppelt von den sozialen Medien ist

Man versucht einfach jeden Tag eine schlauere, stärkere und bessere Person im Allgemeinen zu werden.

Was nimmst du nun mit?

Hör auf zu zocken, fang an zu lernen.

Anstatt deine Zeit mit Trading und Shitcoins zu verschwenden, lerne wie du Bitcoin kaufst und sie sicher auf einer Hardware Wallet verwahrst. Lerne sie zu benutzten, sie zu löschen und sie wiederherzustellen. Schaue dir regelmäßig dein Sicherheitskonzept an und falls nötig, mache eine Upgrade zu etwas besserem, damit du sicherer und privater unterwegs bist.

Übe deine Bitcoin zu bewegen. Schicke sie dir selbst, konsolidiere deine UTXO und stelle deine Bitcoin wieder her über deinen Seed.

Höre auf mit dem Glückspiel und #studybitcoin.

Bitcoin ist die Revolution.

Bitcoin hat schon gewonnen.

Bitcoin ist der nächste Bitcoin.

Also, wirst du dich dem Gewinnerteam anschließen?

Wirst du lernen wie du auf einem Bitcoin Standard als selbst souveränes Individuum lebst?

Oder wirst du weiter von Coin zu Coin hüpfen um den nÄcHsTen Bitcoin zu finden ohne etwas an deinen echten Fähigkeiten oder deiner Expertise zu arbeiten während du die größte Menge an Bitcoin, die du je verdient hättest und die in den nächsten 1000 Jahren in Kaufkraft steigt, einfach links liegen lässt.

Selbst wenn du keine Bitcoin haben solltest, oder eine sehr kleine Menge hast, sei dir bewusst es ist nicht zu spät.

Wir sind noch sehr früh dabei.

Wähle weise wie du deine Tage und Wochen verbringst

Die heutigen Entscheidungen werden einen nachhaltigen Einfluss auf den Rest deines Lebens und wahrscheinlich sogar, das deiner Kinder.

Bist du neugierig geworden oder weißt du schon alles über Bitcoin? Ich fordere dich heraus mehr über Bitcoin zu Lernen. Hier findest du eine große Menge an weiterem Material.

@ 6a6be47b:3e74e3e1

Hi frens, you may or may not have noticed I’ve been MIA for about three weeks. I wanted to take a moment to explain where I’ve been, and why I stepped back for a bit.

At the start of the year, I was determined to make the most of it-and I still am. I’ve been pouring myself into several projects, especially my painting, which has really taken off. I’m so grateful for your support; none of this would be possible without you. But here’s where things got tricky. I started feeling like I had to “earn” every moment of rest, and that mindset snowballed. My health took a hit, and then one of my other projects completely derailed.

The stress piled up, and I felt like I was on the verge of burning out.

Don’t get me wrong-I’ve always welcomed change, even when it’s tough. And this time was no exception. The project I’d been working on for months took a 180, and all that effort seemed to go down the drain. I was frustrated, but I kept pushing, even though I was running on fumes. By the time I “earned” a break, I was too exhausted to enjoy it.

I managed to post a piece about Holy Week on my blog (which I’m really proud of-check it out if you haven’t!), but after that, I was done. I realized I needed to stop, not just for a day, but for a real break. When I finally took a few days off with my husband, it was clear how much I needed it. I was burned out, plain and simple. Now, I’m still putting myself back together. Mentally, I feel drained, but I’m stronger than I was a few weeks ago. I know I’m lucky and privileged to be able to take this time, and I’m grateful for the perspective it’s given me. I also r realize that this isn’t just a “me” thing-most people have been here at some point. We keep going until there’s nothing left, then wonder why we feel like empty shells.

I’ll be back to drawing soon (knock on wood-don’t want to jinx it!). In the meantime, take care of yourselves, and godspeed.

@ 04ea4f83:210e1713

Veröffentlicht auf Nakamoto Portfolio am 06.04.2023\ Originalautor: Alpha Zeta\ Übersetzt von: Sinautoshi am 24.06.2023 - 795682

Einführung

Bitcoin wurde mit verschiedenen Formen von Eigentum und anderen Vermögenswerten verglichen, die traditionell zur Wertaufbewahrung verwendet werden. In der Abwesenheit von gesundem Geld weisen rationale Investoren\ Kapital in Immobilien, Aktien und andere alternativen Wertaufbewahrungsmittel auf. Inspiriert von „Bitcoin as Property" von Michael Saylor, diskutiert dieses Whitepaper das Potenzial von Bitcoin, das monetäre Premium (Anm. den Aufschlag für die Geldartigkeit des Vermögenswertes) von traditionellen Vermögenswerten einzufangen, und seine Auswirkungen auf deren zukünftige Bewertung.

Die Verlagerung vom traditionellen Sparen zu alternativen Anlagen

In der Vergangenheit haben weniger erfahrene Anleger ihr Geld auf Sparkonten gespart, während erfahrenere Anleger nach Hebelwirkung und Effizienz durch Immobilien und Risikoinvestitionen suchten. In den letzten zehn Jahren haben sich die Anleger aufgrund des Rückgangs der Zinssätze und der Ausweitung der Finanzinstrumente haben sich die Anleger für Aktien, Immobilien und\ börsengehandelte Fonds (ETFs) als ihre primären Wertaufbewahrungsmittel entschieden. Die explosionsartige Zunahme von ETFs und die Beliebtheit von Zweitimmobilien (zur Vermietung) oder Real Estate Investment Trusts (REITs) haben zu einer Monetarisierung zahlreicher Vermögenswerte geführt.\ Bis Ende 2021 wurden viele Vermögenswerte, darunter auch Immobilien, weit über ihrem Nutzwert gehandelt. Die Zentralbanken haben mit überschüssigem Geld den Wert des Geldes grundlegend zerstört, was die Anleger dazu veranlasst, nach Vermögenswerten zu suchen, die einen Schutz gegen die negativen Auswirkungen des Gelddruckens bieten. Dieses Phänomen hat zu einer Finanzialisierung der Wirtschaft geführt, bei der die Anleger keine andere Wahl haben, als nach anderen Formen des Sparens zu suchen.

Bitcoin: Der optimale Vermögenswert für die Monetarisierung

Bitcoin hat das Potenzial, der optimale Vermögenswert für die Monetarisierung zu werden und die traditionellen Wertaufbewahrungsmittel wie Währungen, Anleihen, Immobilien, Aktien und Gold konsequent zu demonetisieren.

Immobilien werden aufgrund ihres inhärenten Nutzwerts oft als begehrter Vermögenswert betrachtet, aber ihr Wert wird auch stark von der Monetarisierung beeinflusst, die dazu geführt hat, dass viele Menschen mehrere Immobilien besitzen, was die Nachfrage und die Preise in die Höhe treibt. Es ist jedoch zu beachten, dass der Besitz von Immobilien mit einer Reihe von Problemen verbunden ist. So können beispielsweise die Grundsteuer und die Instandhaltungskosten die potenziellen Renditen erheblich schmälern. Außerdem können Immobilien im Laufe der Zeit an Wert verlieren, was ihren Wert weiter schmälert. Auch wenn man eine Urkunde für eine Immobilie besitzt, ist man nicht der eigentliche Eigentümer der Immobilie; die Zusage des Eigentums kann unter bestimmten Umständen widerrufen werden. Wenn beispielsweise die Regierung beschließt, die Immobilie für die öffentliche Nutzung zu beschlagnahmen, kann der Immobilieneigentümer seine Investition vollständig verlieren. All diese Faktoren haben Anleger dazu veranlasst, nach Alternativen zum Schutz ihres Vermögens zu suchen, insbesondere in einem Umfeld mit geringem Risiko und niedriger Inflation.

Im Gegensatz dazu bietet Bitcoin ein „Konstrukt", das nicht zerstört werden kann, keine Wartung erfordert und eine hervorragende Wertaufbewahrung bietet. Als dezentralisierter, sicherer und knapper digitaler Vermögenswert hat Bitcoin das Potenzial, den monetären Aufschlag traditioneller Vermögenswerte zu übernehmen, was möglicherweise zu deren Demonetisierung führt.

Bitcoin wird aus mehreren Gründen zunehmend als überlegenes Wertaufbewahrungsmittel anerkannt:

1. Knappheit: Bitcoin hat einen festen Vorrat von 21 Millionen Münzen, was zu einem Grad an Knappheit führt, der seinen Wert vor Inflation schützt.
2. Übertragbarkeit: Bitcoin lässt sich leicht digital übertragen und aufbewahren, was ihn praktischer macht als physische Vermögenswerte wie Gold.
3. Sicherheit: Die dezentralisierte Natur der Blockchain-Technologie, die Bitcoin zugrunde liegt, gewährleistet seine Sicherheit und seinen Schutz vor Manipulationen.
4. Transparenz: Alle Transaktionen werden in der Blockchain aufgezeichnet, wodurch ein transparenter und überprüfbarer Eigentumsnachweis entsteht.
5. Zugänglichkeit: Bitcoin ist für jeden zugänglich, der über einen Internetanschluss verfügt, was ihn zu einem umfassenden Wertaufbewahrungsmittel macht.
6. Unveränderlichkeit oder Widerstand gegen Zensur: Die Aufzeichnung des Eigentums ist durch ein massives und wachsendes Computernetzwerk gesichert, was es nahezu unmöglich macht, Transaktionen zu verändern oder zu zensieren. Dies bietet eine zusätzliche Sicherheitsebene und stärkt den Status von Bitcoin als zuverlässiges und vertrauenswürdiges Wertaufbewahrungsmittel.

Das Modell

Das Schrödinger-Münzmodell basiert auf dem Konzept der Quantensuperposition, bei dem ein Objekt gleichzeitig in mehreren Zuständen existieren kann, bis es beobachtet wird. In diesem Fall wird davon ausgegangen, dass Bitcoin zwei mögliche Ergebnisse hat: Entweder scheitert er und ist wertlos (das Dan-Peña-Szenario) oder er erobert erfolgreich die Geldprämie traditioneller Wertaufbewahrungsmittel (das Saylor-Szenario).

Anstatt sich auf absolute Gewissheit wie in den obigen Szenarien zu verlassen, ordnet dieses Modell jedem dieser Szenarien Wahrscheinlichkeiten zu, um einen fairen Wert für Bitcoin zu ermitteln. Wenn du die Box öffnest und eine Welt beobachtest, in der Saylor Recht hatte, was passiert dann? Was wäre, wenn Dan Recht hätte?

Modell-Komponenten

Das Modell berechnet den Marktwert von Bitcoin heute anhand der folgenden Komponenten:

a. Marktkapitalisierung der Vermögenswerte: Der aktuelle Marktwert jedes traditionellen Wertaufbewahrungsmittels (z.B. Gold, Immobilien, Aktien, Anleihen).

b. Prozentsatz des monetären Aufschlags: Der Anteil der Marktkapitalisierung eines Vermögenswerts, der auf seinen Status als Wertaufbewahrungsmittel zurückzuführen ist.

c. Wahrscheinlichkeit der Vereinnahmung: Die Wahrscheinlichkeit, dass Bitcoin die monetäre Prämie jedes Vermögenswerts vereinnahmt.

d. Zeit bis zur Vereinnahmung: Die erwartete Zeit, bis Bitcoin die Geldprämie eines jeden Vermögenswerts erbeutet. Dies kann auch als Vektor mit verschiedenen Prozentsätzen der eingefangenen Prämie über die Zeit modelliert werden.

e. Abzinsungsrate: Der Prozentsatz, mit dem die zukünftig erwarteten Erfassungswerte auf den Gegenwartswert abgezinst werden, um den heutigen Marktwert zu berechnen.

Modell-Berechnung

Der Zeitwert von Bitcoin wird als Summe des erwarteten Erfassungswerts der einzelnen Vermögenswerte berechnet:

wobei der Zeitwert jedes Vermögenswerts definiert ist als:

• mcap: Aktuelle Marktkapitalisierung der einzelnen Vermögenswerte
• mp: Prozentualer Anteil der Marktkapitalisierung, der Monetarisierungscharakter hat (nicht Nutzwert)\ prob: Wahrscheinlichkeit, dass Bitcoin diesen Wert erfasst
• r: Abzinsungssatz
• n: Anzahl der Perioden, bis die Monetarisierung realisiert wird

Denke daran, dass wir mit diesem Rahmen auch den heutigen Bitcoin-Preis verwenden könnten, um die aktuell implizierte Wahrscheinlichkeit des Marktes zu berechnen.

Modell-Inputs

Potenzielle Vermögensklassen und geschätzte Werte - Daten vom April 2023

1. Aktien: a. Angenommener Marktwert: $100 Billionen b. Quelle: Die Börsenkapitalisierung kann der Weltbank und Statista entnommen werden.Die Daten stellen eine ungefähre Schätzung dar, da die Börsenkapitalisierung mit den Marktbewegungen schwankt.
2. Anleihen: a. Angenommener Marktwert: $130 Billionen b. Quelle: Die Kapitalisierung des globalen Anleihemarktes wurde aus Quellen wie der Bank für Internationalen Zahlungsausgleich abgeleitet. Die Daten stellen eine ungefähre Schätzung dar, da sich die Kapitalisierung des Anleihemarktes durch Neuemissionen und Tilgungen ändert. Sie umfassen nur die Gesamtsumme für „fortgeschrittene Volkswirtschaften".
3. Gold: a. Angenommener Marktwert: $10 Billionen b. Quelle: Die Gesamtmarktkapitalisierung von Gold wurde anhand der Daten des World Gold Council zu den oberirdischen Goldbeständen und dem durchschnittlichen Goldpreis pro Unze zum Zeitpunkt der Erstellung dieses Berichts berechnet. Die Daten sollten aktualisiert werden, um den aktuellen Goldpreis für eine genaue Bewertung widerzuspiegeln.
4. Silber: a. Angenommener Marktwert: $1,3 Billionen b. Quelle: Die gesamte Marktkapitalisierung von Silber wurde anhand der Daten des Silver Institute zu den oberirdischen Silberbeständen und dem durchschnittlichen Silberpreis pro Unze zum Zeitpunkt der Erstellung dieses Berichts geschätzt. Die Daten sollten aktualisiert werden, um den aktuellen Silberpreis für eine genaue Bewertung widerzuspiegeln.
5. Immobilien: a. Angenommener Marktwert: $320 Billionen b. Quelle: Savills Research
6. Kryptowährungen (ausgenommen BTC): a. Angenommener Marktwert: $500 Mrd. b. Quelle: Coinmarketcap.com

Parallelen zum Black-Scholes-Modell für die Optionsbewertung

Die Black-Scholes-Formel wird verwendet, um den fairen Preis von Optionen zu berechnen. Dabei handelt es sich um Finanzkontrakte, die dem Käufer das Recht (aber nicht die Verpflichtung) geben, einen Basiswert, z. B. eine Aktie oder einen Rohstoff, zu einem bestimmten Preis und Zeitpunkt zu kaufen oder zu verkaufen.

Die Formel umfasst fünf Inputs: den aktuellen Kurs des Basiswerts, den Ausübungspreis (den Preis, zu dem die Option ausgeübt werden kann), die Zeit bis zum Ablauf, den risikofreien Zinssatz und die Volatilität des Kurses des Basiswerts. Hier ist die Formel für den Preis einer Call-Option:

Die Formel selbst ist etwas kompliziert, aber in einfachen Worten funktioniert sie, indem sie die Wahrscheinlichkeit verschiedener Zukunftsszenarien für den Kurs des Basiswerts auf der Grundlage seiner Volatilität (wie stark sein Kurs im Laufe der Zeit zu schwanken pflegt) schätzt. Die Formel berechnet dann den erwarteten Wert der Option auf der Grundlage dieser Wahrscheinlichkeiten, abgezinst auf den heutigen Wert unter Verwendung des risikofreien Zinssatzes.

Die linke Seite der Gleichung stellt den Wert der Call-Option dar (das Recht, den Basiswert zu kaufen), während die rechte Seite die Summe aus dem Gegenwartswert des Ausübungspreises (der bei Ausübung der Option garantiert wird) und dem erwarteten Wert des Kurses des Basiswerts bei Fälligkeit darstellt. Der Erwartungswert wird berechnet, indem der aktuelle Kurs des Basiswerts mit einer Wahrscheinlichkeitsdichtefunktion multipliziert wird, die auf der Volatilität des Kurses des Basiswerts basiert.

Ein wesentlicher Unterschied zwischen den beiden Modellen besteht darin, dass die Black-Scholes-Formel auf der Annahme einer kontinuierlichen Zeit und einer bekannten Verteilung der Preise von Vermögenswerten beruht, während das Schrödinger-Münzmodell auf dem Konzept der Quantensuperposition basiert, bei dem ein Objekt in mehreren Zuständen existieren kann, bis es beobachtet wird. Das Schrödinger-Münzmodell ordnet jedem möglichen Ergebnis Wahrscheinlichkeiten zu, um einen fairen Wert für Bitcoin zu ermitteln, während die Black-Scholes-Formel eine Wahrscheinlichkeitsdichtefunktion verwendet, die auf der Volatilität des Preises des zugrunde liegenden Vermögenswerts basiert.

Ein weiterer Unterschied besteht darin, dass die Black-Scholes-Formel eine geschlossene Gleichung ist, was bedeutet, dass sie analytisch gelöst werden kann, während das Schrödinger-Münzen-Modell ein komplexeres Modell ist, das mehrere Eingaben und Berechnungen umfasst.

Trotz dieser Unterschiede zielen beide Modelle darauf ab, den beizulegenden Zeitwert eines Vermögenswerts zu schätzen, indem sie verschiedene Faktoren wie den aktuellen Preis des Vermögenswerts, die Zeit bis zum Verfall, die Zinssätze und die Volatilität berücksichtigen. Beide Modelle berücksichtigen auch das Potenzial für extreme Ergebnisse und die Ungewissheit künftiger Ereignisse, die zur Volatilität des Vermögenswerts beitragen können.

Schrödingers Münze und Volatilität als Merkmal, nicht als Fehler

Einer der meistdiskutierten Aspekte von Bitcoin und anderen Kryptowährungen ist ihre inhärente Preisvolatilität. In diesem Abschnitt argumentieren wir, dass das Schrödinger-Münzmodell die Volatilität von Bitcoin als ein natürliches Merkmal seiner Bewertung erklärt und nicht als Fehler oder Schwachstelle. Darüber hinaus werden wir diskutieren, wie diese Volatilität abnehmen kann, wenn wir uns der Hyperbitcoinisierung nähern.

1. Extreme Ergebnisse Das Schrödinger Modell basiert auf zwei extremen Ergebnissen für Bitcoin: entweder sch-eitert er und wird wertlos (das Dan Peña Szenario), oder er erobert erfolgreich die Geldprämie traditioneller Wertaufbewahrungsmittel (das Saylor Szenario). Infolgedessen sagt das Modell von Natur aus erhebliche Wertschwankungen voraus, die von der Marktstimmung und externen Faktoren abhängen, die die Wahrnehmung der Anleger hinsichtlich der Wahrscheinlichkeit dieser Ergebnisse beeinflussen.
2. Kleine Änderungen in der Wahrscheinlichkeit, große Änderungen im fairen Wert Angesichts der extremen Natur der beiden möglichen Ergebnisse können kleine Änderungen in der wahrgenommenen Wahrscheinlichkeit des Eintretens eines der beiden Szenarien zu erheblichen Änderungen im fairen Wert von Bitcoin führen. Zum Beispiel könnte ein leichter Anstieg des Vertrauens des Marktes in den Erfolg von Bitcoin zu einem signifikanten Anstieg des Preises führen, während ein Rückgang des Vertrauens zu einem starken Rückgang führen könnte.
3. Ungewissheit der Zeit Ein weiterer Faktor, der zur Volatilität von Bitcoin beiträgt, ist die Ungewissheit über die Zeit, die benötigt wird, um die Hyperbitcoinisierung zu erreichen. Während Hausse-Märkten nimmt die Zeitwahrnehmung (t) tendenziell ab, da die Anleger optimistischer werden, was die Akzeptanz von Bitcoin und die Geschwindigkeit angeht, mit der Bitcoin die Geldprämie von traditionellen Vermögenswerten erreichen wird. Umgekehrt steigt die wahrgenommene Zeit bis zur Hyperbitcoinisierung während Baisse-Märkten, wenn die Marktstimmung negativ wird. Diese Fluktuation in der Zeitwahrnehmung fügt dem Bitcoin-Kurs eine weitere Ebene der Volatilität hinzu.
4. Abnehmende Volatilität bei zunehmender Hyperbitcoinisierung Je näher wir der Hyperbitcoinisierung kommen, desto geringer dürfte die Volatilität von Bitcoin werden. Dies liegt daran, dass der Markt im Laufe der Zeit mehr Informationen über die Akzeptanz von Bitcoin, das regulatorische Umfeld und die technologischen Entwicklungen erhalten wird. Infolgedessen wird die Wahrnehmung des Marktes hinsichtlich der Wahrscheinlichkeit der beiden extremen Ergebnisse stabiler werden, was zu geringeren Preisschwankungen führt.

Zusammenfassend erklärt das Schrödinger-Münzen-Modell die Volatilität von Bitcoin als eine natürliche Folge seiner Bewertung, die auf extremen Ergebnissen, kleinen Veränderungen der Wahrscheinlichkeit und der Ungewissheit der Zeit bis zur Hyperbitcoinisierung beruht. Wenn der Markt mehr Informationen erhält und mehr Vertrauen in die Zukunft von Bitcoin gewinnt, wird erwartet, dass seine Volatilität abnimmt und gegen Null tendiert. Das Verständnis dieses Aspekts des Modells kann Anlegern helfen, fundiertere Entscheidungen über die mit einer Investition in Bitcoin verbundenen Risiken und Erträge zu treffen.

Schlussfolgerung

Schrödingers-Münzmodell bietet einen Rahmen für die Bewertung von Bitcoin, indem es sein Potenzial berücksichtigt, den monetäre Aufschlag von traditionellen Vermögenswerten wie Immobilien, Aktien und Anleihen einzufangen. Als überlegenes Wertaufbewahrungsmittel hat Bitcoin das Potenzial, Investitionen in traditionelle Vermögenswerte konsequent zu demonetisieren, was zu einer Verschiebung der Kapitalallokation und einer Neubewertung ihres Wertes führt.

Das Modell beleuchtet auch die inhärente Volatilität von Bitcoin, die sich aus den extremen Ergebnissen, kleinen Veränderungen der Wahrscheinlichkeit und der Ungewissheit der Zeit bis zur Hyperbitcoinisierung ergibt. Da der Markt jedoch mehr Informationen erhält und mehr Vertrauen in die Zukunft von Bitcoin gewinnt, wird erwartet, dass seine Volatilität abnimmt und gegen Null tendiert.

Darüber hinaus unterstreicht das Modell, wie wichtig es ist, die Risiken zu verstehen, die mit einer Investition in Bitcoin verbunden sind, wie regulatorische Änderungen, technologische Herausforderungen und potenzielle Konkurrenz durch andere Kryptowährungen oder alternative Wertaufbewahrungsmittel.

Durch das Verständnis der Dynamik des Schrödinger-Münzmodells sowie der Faktoren, die zur Volatilität von Bitcoin und den damit verbundenen Risiken beitragen, können Anleger fundiertere Entscheidungen über das potenzielle Wachstum und die mit Bitcoin und anderen Vermögenswerten verbundenen Risiken treffen. Dieser ganzheitliche Bewertungsansatz ermöglicht eine umfassendere Beurteilung des Potenzials von Bitcoin sowohl als Investition als auch als transformative Technologie.

@ 04ea4f83:210e1713

Veröffentlicht auf Bitcoin Magazine am 11.01.2024\ Originalautor: Josh von BlueCollarBitcoin\ Übersetzt von: Sinautoshi am 13.01.2024 - 825611

Wir alle haben einen Werdegang in Bezug auf Bitcoin. Einige begannen als Verfechter des gesunden Geldes, die die österreichische Schule der Nationalökonomie und Gold verehrten. Andere sind aus der TradFi-Welt herausgefallen, als sie merkten, dass etwas nicht ganz richtig war. Die meisten Bitcoiner haben die Irrungen und Wirrungen der Altcoin-Hölle durchlaufen. Wie auch immer du es hierher und zu Bitcoin geschafft hast, willkommen und schnall dich verdammt nochmal an.

Als ich mich zum ersten Mal für Bitcoin interessierte, war das im Juli 2017, und der Bullenmarkt des Jahres war bereits in vollem Gange. Ich kaufte etwas Bitcoin und sah zu, wie der Wert stieg. Dann kaufte ich mehr. Wie es bei diesen parabolischen Aufwärtsbewegungen üblich ist, beobachtete ich, wie der Preis stieg und mein Gemütszustand veränderte sich:

Von Interesse zu Unglauben zu Verliebtheit zu ausgearteten Käufen zu Verzweiflung.

Dies ist eine Entwicklung, die du während der nächsten Aufwärtsbewegung vermeiden kannst, wenn du dich richtig vorbereitest.

Wenn du dies in der Hoffnung liest, alle Antworten zu finden, habe ich leider schlechte Nachrichten. Es gibt keine richtigen Antworten in Bitcoin oder im Leben. Wir sind alle auf einer Reise, um herauszufinden, was wir tun und wie wir vorgehen sollen. Ich hoffe, dass ich dir einen Leitfaden an die Hand geben kann, aber letztendlich werden deine persönlichen Ziele und deine Veranlagung bestimmen, wie du mit der Volatilität umgehst. Bitcoin wird deine Entschlossenheit auf die Probe stellen.

In der späteren Phase des Bullemarkts 2017 sprach ich mit jedem in meinem Leben über Bitcoin - völlig besessen. Mein damaliger Nachbar war älter als ich und hatte den Dot-Com-Boom erlebt. Den Rat, den er mir gab, werde ich nie vergessen, denn er hatte während der Dot-Com-Blase eine Menge Geld gewonnen (und verloren). Er hörte sich mein glühendes Interesse an Bitcoin an und ging sehr maßvoll mit meiner offensichtlichen LIEBE für diesen Vermögenswert um. Er erzählte mir, dass er während des Dot-Com-Booms mehr Geld verdient hat, als er jemals geglaubt hätte, und am Ende war er wieder genau da, wo er angefangen hatte - weil er den Bullenmarkt über den Gipfel geritten und nichts verkauft hatte. Sein Rat war: "Ich freue mich, dass es dir gut geht, aber vergiss nicht, etwas Gewinn mitzunehmen." Er riet mir, 50 % zu verkaufen und 50 % zu behalten - eine einfache Absicherungsstrategie. Kurz nachdem Bitcoin sein Allzeithoch erreicht hatte, beherzigte ich seinen Rat und verkaufte einige meiner Bestände in der Nähe des lokalen Höchststands.

Ich weiß, dass dies für viele Hodler ein Frevel ist. Wir verkaufen unsere Bitcoin doch nicht, oder? Nun, das ist eine persönliche Entscheidung, und je nach deiner Risikotoleranz und deinem Platz im Leben, möchtest du vielleicht ein gewisses Risiko vom Tisch nehmen. Das ist Teil des Investierens, und wie das alte Sprichwort sagt, verliert niemand Geld, wenn er mit Gewinn verkauft. Dieser Artikel soll den Rat geben, den ich mir gewünscht hätte, als ich Bitcoin zum ersten Mal entdeckte. Ich hoffe, er hilft Neulingen in diesem Bereich zu verstehen, wie man sich in dem bombastischen Umfeld zurechtfindet, das Bitcoin während seiner Bullenmärkte erzeugt.

Ich habe zwei Bullenmärkte erlebt, einen im Jahr 2017 und einen im Jahr 2021. Diese Bullenmärkte waren SEHR unterschiedlich, und ich vermute, wenn du mit denjenigen sprichst, die bei Bullenmärkten vor 2017 dabei waren, wirst du feststellen, dass sie sich auch sehr unterschiedlich anfühlten.

Das erste, was ich loswerden möchte, ist Folgendes - niemand weiß, was passieren wird:

• Balaji spricht von 1 Million in 3 Monaten
• Nobelpreisträger sagen, Bitcoin wird auf Null sinken
• Buffett und Munger (RIP) nennen es Rattengift

Egal, wem Du zuhörst, egal, wie lange sie schon in dem Bereich tätig sind oder wie korrekt sie in der Vergangenheit waren, es spielt keine Rolle. Sie haben keine Ahnung, was die Zukunft bringt.

Bei Investitionen gibt es eine Idee, die als Überlebensbias bezeichnet wird. Diejenigen, die richtig lagen, haben überlebt, und sie erscheinen wie Genies, weil sie richtig lagen. Die überwiegende Mehrheit derjenigen, die sich geirrt haben, ist vergessen. Man hört nichts über sie. Ich will hier niemanden in die Pfanne hauen, aber es gab prominente Bitcoin-Leute, die VIEL höhere Preise riefen, als wir im Jahr 2021 bei 68K waren. Ich sage nicht, dass sie schlechte Menschen sind; ich bin mir sicher, dass sie einen guten Grund hatten, diese Zahlen zu prognostizieren, aber wenn man damals ihren Ratschlägen gefolgt wäre, hätte man zum denkbar schlechtesten Zeitpunkt gekauft und wäre für JAHRE unter die Räder gekommen.

Meiner Meinung nach gibt es verschiedene Arten von Kristallkugelbesitzern, und die unterste Kategorie sind die technischen Analysten. Das sind die ein Dutzend Leute, die man auf Twitter sieht, die über Momentum, Preisniveaus, Tassen und Griffe usw. schwadronieren. Diese Leute riefen für 10K Bitcoin, wo der Boden bei 16k lag. Ich sage nicht, dass TA Unsinn ist; im Grunde ist es ein System zur Vorhersage menschlicher Handlungen durch Wahrscheinlichkeit. Es ist bestenfalls eine Überlegung. Sie sollte nie in einem Vakuum verwendet werden, um Ihre Allokationen zu bestimmen. Wenn du es in Verbindung mit den Fundamentaldaten verwendest, kann es viel hilfreicher sein. Worauf ich hier hinaus will, ist, dass es GANZ viele TA-Analysten gibt, die Ihnen raten, bei 68 K zu kaufen und nicht bei 16 K. Sie werfen probabilistische Darts. Setze deine finanzielle Zukunft nicht auf eine fundierte Vermutung von irgendjemandem.

Die zweite Art von Kristallkugel-Liebhabern sind Makro-Analysten. Diese Leute sind meiner Meinung nach glaubwürdiger, weil sie den allgemeinen Trend in der Wirtschaft einschätzen. Sie berücksichtigen die Zinssätze, die Bewegungen der Fed und die Wirtschaftsdaten. Diese Leute sind viel näher an der Realität, weil sie den Finger am Puls des wirtschaftlichen Geschehens haben. Aber wie bei den TA-Analysten können sich auch diese Leute VÖLLIG irren. Viele sagten, dass die Leitzinsen nicht über x oder y steigen könnten, da sonst die gesamte Wirtschaft zusammenbrechen würde. Nun, die Zinssätze wurden auf ein Niveau angehoben, das weit über ihren Weltuntergangsprognosen liegt, und wir haben keinen Zusammenbruch erlebt.

Ob du nun einem TA-Analysten oder einem Makro-Analysten folgst, sie können wegen eines schwarzen Schwans völlig FALSCH liegen. Nicholas Taleb - bekanntlich von Bitcoinern gehasst - hat den Begriff "schwarzer Schwan" geprägt, um Ereignisse zu bezeichnen, die von Zeit zu Zeit eintreten und mit Standardmodellen einfach nicht vorhergesagt werden können, weil sie so unwahrscheinlich sind. Covid war ein schwarzer Schwan. Der Krieg in der Ukraine war ein schwarzer Schwan. Und rate mal, was passiert: Morgen könnte es einen weiteren unvorhersehbaren schwarzen Schwan geben, der alle TA- und Makro-Analysten völlig auf den Kopf stellt. In der Welt gibt es jede Menge Zufälle. Übrigens sind schwarze Schwäne nicht immer schlecht. Sie können genauso gut auch positive Katalysatoren sein.

Heißt das also, dass wir vor Angst gelähmt bleiben und niemandem trauen sollten?

Ganz und gar nicht. Es bedeutet, dass wir uns die Mühe machen sollten, UNS SELBST zu BILDEN! Du musst die Verantwortung für dich und deine Entscheidungen übernehmen. Du kannst die Informationen der TA-Analysten und der Makro-Analysten nehmen und deine eigenen fundierten Entscheidungen treffen. DAS IST VON GRÖSSTER WICHTIGKEIT.

BILDE DICH SELBST WEITER

Bitcoin ist ein unglaublich einfaches und doch unendlich komplexes Wesen. Deine Ausbildung wird nie vollständig sein, aber du kannst dein Verständnis Schritt für Schritt erweitern. Wir haben eine 10-teilige Bitcoin-Grundlagen-Serie mit Dazbea und Seb Bunney gemacht, und ich habe das Gefühl, dass wir nicht einmal an der Oberfläche gekratzt haben!

Du solltest gut ausgebildet sein, um widerstandsfähig zu werden. Wenn du ein solides Verständnis von Bitcoin und seiner Funktionsweise hast, wirst du nicht so leicht zu erschüttern sein. Die Psychologie ist hier SEHR WICHTIG. Wenn du verstehst, in was du investierst, und der Markt von einem Börsenausfall betroffen ist, ähnlich dem, der FTX passiert ist, wirst du einige Dinge verstehen, die die Durchschnittsperson vielleicht nicht versteht.

• Bitcoin ist davon nicht betroffen
• Der Preisverfall ist vorübergehend und unbegründet
• Deshalb ist jetzt ein guter Zeitpunkt, um Bitcoin zu akkumulieren

Aber auch das Gegenteil ist der Fall. Wenn du siehst, wie die Mainstream-Schlagzeilen über Bitcoin schwärmen und die Gewinne kein Ende zu nehmen scheinen, und du das Gefühl hast, dass du jedes bisschen Geld in Bitcoin investieren solltest, weil der Preis nirgendwo hin geht, außer nach oben - dann sei VORSICHTIG. Ich habe festgestellt, dass meine Psychologie typisch ist. Ich habe Angst, wenn der Preis nach unten geht, und ich habe irrationalen Überschwang, wenn der Preis schnell steigt. Wenn ich GENAU das Gegenteil von dem tue, was mein Affenhirn mir sagt, stelle ich fest, dass ich oft das Richtige tue. Das heißt, wenn du extreme Angst verspürst, ist dies der richtige Zeitpunkt zum Kaufen, und wenn du dich überschwänglich fühlst, ist dies der richtige Zeitpunkt zum Verkaufen.

Panikkäufe sind gefährlich. Wenn du einen unkontrollierbaren Drang verspürst, Bitcoin zu kaufen, atme tief durch. Ich kann dir versichern, dass du in der Lage sein wirst, etwas Bitcoin zu kaufen, und wenn du den Drang so stark verspürst, ist der Markt wahrscheinlich reif für einen Rücksetzer. Das ist keine Garantie, aber nach meiner Erfahrung ist dies der wahrscheinliche Fall. Ich plädiere nicht für den Handel mit BTC, ganz und gar nicht. Ich kann ehrlich sagen, dass ich durch den Handel mehr BTC verloren als gewonnen habe, und wenn die meisten Leute ehrlich sind, werden sie das auch zugeben. Das Trading ist eine Fähigkeit und Disziplin, die nur sehr wenige Menschen beherrschen.

Die typischen psychologischen Hindernisse, die den Menschen im Weg stehen, sind Angst und Gier. Denk über deine Gefühle nach und erkenne, wann du diese Emotionen erlebst. Sie werden dich dazu bringen, Fehler zu machen. Der einfachste Weg, all dies zu mildern, ist einfach der Dollar-Cost-Average. Dollar-Cost Averaging nimmt den ganzen Stress heraus. Basta. Wenn du in diesem Moment in diesen Schatz einsteigst und er über Nacht auf 30 % fällt, frage dich ehrlich: Habe ich den Mut dazu? Habe ich die nötige Überzeugung dafür? Habe ich das nötige Wissen, um zu verstehen, warum der Dollarpreis kurzfristig keine Rolle spielt? Werde ich in Panik verkaufen? Wenn du nicht überzeugt bist, wird dich das Dollar-Cost-Averaging retten. Du bekommst den Durchschnittspreis über einen langen Zeitraum.

Ich habe eine kleine DCA-Taktik, die einfach ist und bei mir funktioniert:

Wenn der Preis sich entspannt, erhöhe ich meinen DCA, und wenn der Preis in die Höhe schießt, ziehe ich mich zurück und kaufe im Durchschnitt weniger. Über Monate und Jahre hinweg führt dies zu einem optimalen Durchschnittswert.

FÜHLE DICH NICHT WIE EIN VERRÄTER, WENN DU BTC VERKAUFST

Habe einen Plan und sei bereit, ihn auszuführen. Der Plan meines Nachbarn ist ein guter Anfang. Sobald du dein Geld verdoppelt hast, nimmst du die Anfangsinvestition heraus. Dabei gibt es ein erhebliches Sternchen - was willst du anstelle von Bitcoin kaufen? Inflationäres Bargeld? Die Möglichkeiten, sein Geld woanders anzulegen, sind heutzutage sehr begrenzt. Das mag für viele in diesem Bereich kontrovers sein, aber ich denke, es ist absolut vernünftig, Bitcoin zu verkaufen. Wenn du Bitcoin seit JAHREN hältst und dein Stack dein Leben sinnvoll verbessern könnte, solltest du auf jeden Fall einen Teil verkaufen.

Zeit ist das einzige Gut, das wertvoller ist als BTC; wir haben wirklich nur eine begrenzte Menge an Zeit auf dieser Erde. Wenn du deine BTC hortest und dann friedlich einschläfst was war dann der Sinn? Wenn du einen Teil deines Stacks verkaufen kannst, um dein Haus abzubezahlen oder dich von erdrückenden Schulden zu befreien, halte ich das für eine gute Entscheidung. Es ist vielleicht nicht die BESTE finanzielle Entscheidung, vor allem, wenn Ihr Haus mit einem zinsgünstigen Darlehen belastet ist, aber es ist eine nachvollziehbare Entscheidung, weil man dadurch beruhigt sein kann. Man muss jedoch auch bedenken, dass der Verkauf von Bitcoin auf lange Sicht sehr wahrscheinlich eine schmerzhafte Entscheidung sein wird.

Bitcoin für Spielzeug zu verkaufen, ist hingegen kein guter Schachzug. Wenn du den 250.000 Dollar teuren Lamborghini kaufst, der in 3 Jahren 50% seines Wertes verliert, während Bitcoin um mehr als diesen Prozentsatz zugelegt hat, wird das Bedauern unerträglich sein. Robert Kiyosaki kommt mir in den Sinn. Sein Buch Rich Dad Poor Dad hat mich sehr beeinflusst, und seine Beschreibung von Vermögenswerten und Verbindlichkeiten hat mich sehr beeindruckt:

• Ein Vermögenswert erzeugt Cashflow
• Eine Verbindlichkeit zieht den Cashflow ab

Wenn du Vermögenswerte kaufst, wird dein Nettovermögen auf einer exponentiellen Kurve erheblich ansteigen. Wenn du Verbindlichkeiten kaufst, wirst du einfach ärmer. Wenn du Bitcoin verkaufst, wirst du es wahrscheinlich langfristig bereuen.

ZEITPRÄFERENZ

Die Zeitpräferenz ist ein Thema, das in Bitcoin oft angesprochen wird. Eine niedrige Zeitpräferenz zu haben bedeutet, dass man bereit ist, für eine bessere Zukunft auf die Annehmlichkeiten von heute zu verzichten. Jede sehenswerte Kathedrale, jedes klassische Kunstwerk, alles Schöne auf dieser Welt wurde gebaut, weil Menschen mit Blick auf die Zukunft und nicht auf die Gegenwart gearbeitet haben. Hätte DaVinci Bananen an die Wand geklebt, hätten wir uns nie an ihn erinnert. Wären die großen Pyramiden aus Lehm gebaut worden, gäbe es sie heute nicht mehr. Wenn die Zivilisation ihren gesamten Reichtum für das Hier und Jetzt ausgeben würde, ohne in die Zukunft zu investieren, würde sie nicht überleben.

Bitcoin selbst ist ein digitales Artefakt, das von einem geheimnisvollen Architekten bis zur Perfektion entwickelt wurde. Er ist so konzipiert, dass er Äonen überdauert; wenn die Zivilisation überdauert, wird er bis in die Zukunft hinein perfekte Treue beweisen. Da niemand ihn verändern oder kontrollieren kann, ist Bitcoin anti-entropisch. Das ist der Inbegriff von Handwerkskunst der geringen Zeitpräferenz. Bitcoin ist ein Da Vinci in einer Welt der an die Wand geklebten Bananen. Es ist so offensichtlich, wenn die Arbeit erst einmal geleistet ist, dass es peinlich ist, dass nicht mehr Menschen den Wert verstehen, den er bietet.

Im krassen Gegensatz zu diesem Bitcoin-Meisterwerk stehen die Schrotthaufen, die wir Altcoins oder Shitcoins nennen. Diese wurden mit der Technologie von Bitcoin gebaut, führen aber Entropie ein. Die Treue geht bei den Altcoins verloren, weil sie jeweils von einem Gründer oder einer Gruppe kontrolliert werden. Wenn Menschen etwas kontrollieren können, manipulieren sie es unweigerlich zu ihrem Vorteil. Und ob bewusst oder unbewusst, es wird sich verschlechtern. Die meisten dieser Shitcoins waren von Anfang an darauf ausgelegt, dich zu betrügen. Einige dieser Altcoins haben eine Führung, die vielleicht gute Absichten hat, aber sie sind menschlich und können beeinflusst und genötigt werden. Das Problem ist die FÜHRUNG. Bitcoin und seine Zeitkette wurden entwickelt, um das menschliche Element als primäre Eigenschaft zu entfernen. Die Einführung von Menschen in den Mix verursacht Entropie, die den Wert durch Seigniorage zerstört.

Die Erfindung von Bitcoin war die der NICHT-INTERVENTION durch Menschen.

Das sind Erkenntnisse, die für viele Menschen Jahre dauern, um sie vollständig zu verstehen. Wenn du das Kurzfassung über Altcoins wissen willst, ist es einfach. Bemühe dich einfach nicht. Du bist besser dran, wenn du dein Geld in ein Casino bringst und Glücksspiel machst. Die Karten sind in der Kryptowelt schwer gegen Dich ausgelegt; du hast einfach Glück, wenn du Geld verdienst. Nimm den Weg der geringen Zeitpräferenz und staple Bitcoin, während du lernst, wie deine Investition wächst. Ich kann mit Zuversicht sagen, dass du in 5 Jahren viel weiter vorne sein wirst, wenn du in Bitcoin Dollar-Cost-Averaging betreibst, als wenn du mit Shitcoins spielen würdest.

5-JAHRES-AUSSICHTEN MINIMUM

Die meisten Menschen interessieren sich für Bitcoin während einer seiner parabolischen Bullenläufe. Ich war einer von ihnen. Wir sind alle daran interessiert, finanziell voranzukommen, besonders wenn das Gespenst der Inflation über unseren Köpfen schwebt.

Wenn du neu bei Bitcoin bist und dies dein erster Versuch ist, dann stelle sicher, dass du bereit bist, diesen Vermögenswert für mindestens 5 Jahre zu halten. Du bist wahrscheinlich während einer Aufwärtsbewegung hier, und wenn du kein Glück hattest, ist es wahrscheinlich am Ende der Aufwärtsbewegung. Zum Zeitpunkt der Erstellung dieses Berichts im Dezember 2023 stehen wir meiner Meinung nach am Anfang der nächsten Aufwärtsbewegung. Mit der Zulassung der ETFs, der Halbierung im April 2024 und der Aussicht, dass die US-Notenbank ihre Geldpolitik zurückfahren wird, sind viele Katalysatoren aufeinander abgestimmt. Das bedeutet jedoch NICHT, dass dies unvermeidlich ist. Schwarze Schwäne sind immer eine Möglichkeit. Abgesehen von diesem schwarzen Schwan scheinen wir für einen massiven Kursanstieg in den nächsten Jahren bereit zu sein.

SELBSTVERWAHRUNG

Wenn du zum ersten Mal Bitcoin an der Börse deiner Wahl kaufst, wird es sich anfühlen wie der Kauf eines beliebigen anderen Vermögenswerts bei einem Broker. Du kaufst Bitcoin, und die Zahl auf dem Bildschirm spiegelt die Menge an Bitcoin wider, die du jetzt "besitzt".

Es ist von entscheidender Bedeutung, dass du deine Bitcoin in Verwahrung nimmst. Wir haben in jüngster Zeit Fehler beim Umtausch und regelrechte Betrugsfälle erlebt. Wenn diese Betrügereien aufgedeckt und strafrechtlich verfolgt werden und der Preis von Bitcoin unter Druck gerät, weil viele Menschen den Vermögenswert Bitcoin mit den Börsen in Verbindung bringen, die ihn verkaufen, wird dies zu einer RIESIGEN Kaufgelegenheit. Als FTX vor einem Jahr scheiterte, wurde der Preis von Bitcoin negativ beeinflusst, und diejenigen, die verstanden, dass Bitcoin kein fundamentales Problem hatte, kauften mehr. Du hast verstanden, dass die Angst durch den Markt strömte (womit wir wieder bei dem Punkt wären, warum es in diesem Bereich SO WICHTIG ist, gut informiert zu sein). Wer damals Bitcoin kaufte (um 16k), sicherte sich innerhalb eines Jahres einen Gewinn von weit über 100%!

Stell dir die Seed Keys als das Passwort zu deinem Bitcoin vor, das geschützt werden muss, denn wenn jemand anderes es bekommt, kann er deine Bitcoin in Besitz nehmen - nicht gut für dich. Bitcoin-Seed-Keys werden in der Regel durch eine Hardware-Wallet oder ein Signiergerät geschützt. Dieses Gerät schützt deine Schlüssel vor Hackern oder schlechten Akteuren. Ich verwende seit Jahren Coldcards, und sie gehören zu den besten Geräten zum Schutz von privaten Schlüsseln. Es funktioniert sehr einfach. Du erstellst auf dem Gerät die geheimen Schlüssel; es speichert sie und bewahrt sie offline auf, d. h. ohne Verbindung zum Internet. Dieser letzte Punkt ist WICHTIG. Du darfst diese Wörter NIEMALS auf einem Computer mit Internetanschluss speichern. Der einzige Ort, an dem du deine Schlüssel sicher aufbewahren kannst, ist ein dafür vorgesehenes Gerät. Wenn der Computer kompromittiert wird (und glauben Sie mir, es ist SEHR WÄHRLICH, dass er kompromittiert wird), wird das Signiergerät deine Bitcoin schützen.

Das mag sich alles sehr schwierig und komplex anhören, wenn du es noch nie gemacht hast, aber glaub mir, es ist ganz einfach. Ich würde empfehlen, dass du dir die Videos von BTC Sessions über die Verwendung des Signiergeräts deiner Wahl ansiehst. Er hat unglaubliche Walk-Through-Videos auf YouTube, die alles im Detail erklären.

Eine gemeinsame Verwahrung mit einem Unternehmen wie Swan Bitcoin oder Unchained Capital ist auch eine gute Idee für diejenigen, die neu in diesem Bereich sind. Sie werden dir die Hand halten und dich davor schützen, einfache Fehler zu machen, die zu Problemen führen können. Die gemeinschaftliche Verwahrung ist die Kosten wert, wenn du dir Sorgen machst, deine Bitcoin zu verlieren. Unchained bietet ein Produkt zur gemeinschaftlichen Verwahrung an, das mehrere Schlüssel enthalten kann und deinen Verwandten helfen kann, deine Bitcoin im Falle deines Ablebens wiederzuerlangen.

GEBE NICHT MIT DEINEN BITCOIN AN. Es besteht die Versuchung, mit dem Erfolg zu prahlen. Wenn du fünf Jahre lang durchhältst, wirst du ihn wahrscheinlich haben. Du bist stolz darauf, dass du die Disziplin und Selbstbeherrschung hattest, dich selbst zu beherrschen und erfolgreich das zu erwerben, was du als eine bedeutende Menge an Bitcoin ansiehst. Teile nicht, wie viel du hast, mit anderen. Das sollte offensichtlich sein, aber es gibt Leute, die sich nicht so sehr für dich freuen. Sie könnten es ihren Freunden erzählen, und früher oder später könnte jemand, den du nicht kennst und der vielleicht gewaltbereit ist, feststellen, dass du ein attraktives Ziel bist. Dies ist ein weiterer Grund für die Verwendung einer Konfiguration mit mehreren Signaturen. Selbst wenn jemand 1 von 3 Schlüsseln erhalten hat, kann er deine Bitcoin nicht stehlen.

KAUFE KEINE BITCOIN, DIE DU NICHT KONTROLLIEREN KANNST

Kaufe nicht den glänzenden neuen ETF, den die Wall Street anbietet. Kaufe Bitcoin nur bei Anbietern, die es dir ermöglichen, deine Bitcoin tatsächlich in Verwahrung zu nehmen. Lege deine Bitcoin nicht bei irgendeinem Dienst an, der eine Rendite bietet, insbesondere wenn diese Rendite unrealistisch hoch erscheint. Als allgemeine Faustregel gilt: Lass es einfach bleiben.

Der erste und wichtigste Grund, warum du deine Bitcoin in Verwahrung nehmen solltest, ist, dass du die absolute und vollständige Kontrolle über sie hast. Es gibt in Bitcoin ein Sprichwort: "Nicht deine Schlüssel, nicht deine Coins". Wenn du deine Bitcoin nicht verwahrst, hast du einfach einen Schuldschein. Das ist der ganze Grund für die Existenz von Bitcoin. Um Zwischenhändler auszuschalten und den Menschen zu ermöglichen, ihr finanzielles Schicksal selbst in die Hand zu nehmen.

Wenn du den Besitz hast, fallen keine Gebühren an wie bei einem ETF. Diese Gebühren können niedrig erscheinen, aber mit der Zeit können sie SIGNIFIKANT sein. GBTC ist ein Trust, der einem Bitcoin-ETF am ähnlichsten ist. GBTC erhebt eine Gebühr von 2 % PRO JAHR (jetzt 1,5 % mit dem ETF). Im Laufe der Zeit kann dies erheblich sein. Außerdem erlauben es die ETF-Produkte, die die Wall Street verkauft, nicht, den Bitcoin JEMALS zu verwahren. Ein ETF könnte für einige Leute in bestimmten Szenarien Sinn machen, aber für jeden, der ein Lego-Set bauen kann, ist die Verwahrung von Bitcoin ähnlich komplex. Nimm es selbst in die Hand.

Wenn sich Bitcoin mehr und mehr durchsetzt, wird es möglich sein, ihn als Sicherheiten zu verwenden. Ja, ich verstehe, dass die Verwendung deines Bitcoin als Sicherheit ihn aus deinem Besitz nimmt und Vertrauen in eine dritte Partei erfordert. Dies ist ein weiterer Fall, in dem du dich informieren und SICHER sein solltest, dass der von dir gewählte Kreditgeber vertrauenswürdig ist und nicht pleite gehen wird. Im Zweifelsfall solltest du dich immer auf die Selbstverwahrung verlassen.

Eine Kreditaufnahme gegen deine Bitcoin ist unmöglich, wenn du ihn nicht selbst verwahrst. Du kannst den Bitcoin, den Blackrock in deinem Namen hält, nicht ausleihen. Dies ist von Bedeutung. Es hat steuerliche Vorteile, Bitcoin zu beleihen, anstatt sie zu verkaufen. Wenn du keine Kontrolle über deine Bitcoin hast, schließt du dich selbst von einigen vorhersehbaren Anwendungsfällen in der nahen Zukunft aus und von vielen unvorhersehbaren Anwendungen, die noch erfunden werden müssen. Programmierbares Geld ist nicht nützlich, wenn du es nicht in deiner Hand hältst.

Der letzte Grund, warum du deine Bitcoin aufbewahren solltest, ist ein wenig düsterer. Bitcoin wurde entwickelt, um unzensierbar und nicht konfiszierbar zu sein. Wenn der Staat merkt, dass er die Kontrolle über das Geld verliert, wird er sich wahrscheinlich dein Bitcoin holen. Dies ist ein Präzedenzfall in der Geschichte der USA. Im Jahr 1933 wurde mit der Executive Order 6102 der Besitz von Gold für US-Bürger illegal. Sie zwangen die Menschen, Gold abzugeben und 20 Dollar pro Unze zu erhalten. Die Regierung setzte dann den Goldpreis auf 35 Dollar pro Unze herauf. Für den Besitz von Goldmünzen konnte man in den USA von 1933 bis Mitte der 1970er Jahre ins Gefängnis kommen. Das könnte wieder passieren, und du hast die Wahl, wenn du Bitcoin selbst hältst. Depotbanken WERDEN in diesem Szenario gezwungen sein, der Regierung deine Bitcoin zu geben. Was du in dieser Situation mit deinem Bitcoin tust, sollte DEINE Entscheidung sein, nicht die eines Verwahrers.

VERANTWORTUNG

Wenn du die Schritte unternimmst, um deine Bitcoin selbst zu verwahren, bist du verantwortlich. Dies ist eine Art von radikaler Verantwortung, die Menschen beunruhigen kann. Wenn du deine Schlüssel verlierst, ist dein Bitcoin für immer verloren. Es gibt keine Nummer, die du anrufen kannst, und niemanden, der dir helfen kann. SIE. SIND. WEG.

Im Jahr 2017 verlor einer meiner Freunde auf der Feuerwache Bitcoin im Wert von 1300 Dollar, weil er die Bitcoin in einer Papier-Wallet aufbewahrte. Diese werden nicht mehr verwendet, weil sie so unsicher sind, aber man kann einen QR-Code ausdrucken, der die Bitcoin enthält. Er ließ das Stück Papier in seinem Auto liegen. Dann räumte er sein Auto aus und saugte die Papier-Wallet auf. Diese Bitcoin sind für immer weg. Sie sind jetzt irgendwo zwischen 4 und 5 Tausend Dollar wert, und sie sind einfach weg. Nun, technisch gesehen sind sie nicht weg, sie sind immer noch da, nur für niemanden zugänglich. Ohne die Schlüssel kann niemand die Bitcoin bewegen, also sind die Bitcoin praktisch für immer eingefroren.

Ein anderer guter Freund von mir verlor eine beträchtliche Menge an Bitcoin bei einem Unternehmen namens BlockFi. Dabei handelte es sich um eine Börse, die Renditen für Bitcoin anbot, die bei ihrer Börse aufbewahrt wurden. Dieser Bitcoin ist nicht eingefroren, aber er ist jetzt für die absehbare Zukunft in einem Rechtsstreit eingesperrt. Um dem Ganzen noch die Krone aufzusetzen - da der Bitcoin, als er von BlockFi gehalten wurde, technisch gesehen nicht ihm gehörte, sondern aufgrund der "Vereinbarung", die er bei der Eröffnung des Kontos unterschrieben hat, ihnen gehört, wird er irgendwann in der Zukunft den Dollarwert dieses Bitcoins zu dem Preis erhalten, zu dem BlockFi pleite ging - also 16.000 Dollar -, sind wir wieder bei dem Punkt angelangt, warum du die Selbstverwahrung ernst nehmen solltest!

Das alte Bitcoin-Sprichwort lautet: "Nicht deine Schlüssel, nicht deine Coins".

Bitcoin ist eine endlose Lernreise. Wenn du ein Kaninchenloch erforschen willst, hast du Glück! Die Menge an soliden Inhalten, die in diesem Bereich angeboten werden, ist um Lichtjahre besser als im Jahr 2017. Man kann in einem Bruchteil der Zeit, die man damals gebraucht hätte, von null auf kompetent umsteigen. Wie oben bereits angedeutet, haben wir bei Blue Collar Bitcoin eine Grundlagenreihe zusammengestellt, die du für den Einstieg nutzen kannst. Die Liste der großartigen Inhaltsersteller und Ressourcen ist so lang, dass wir sie nicht alle aufzählen können. Geh einfach auf Entdeckungsreise und achte darauf, zu überprüfen, nicht zu vertrauen.

Lerne weiter, und vor allem - denke selbst!

Erinnere dich an die Weisheit von Matt Odell: "Bleib bescheiden und staple Sats".

@ c9badfea:610f861a

1. Install Kiwix (it's free and open source)
2. Download ZIM files from the Kiwix Library (you will find complete offline versions of Wikipedia, Stack Overflow, Bitcoin Wiki, DevDocs and many more)
3. Open the downloaded ZIM files within the Kiwix app

ℹ️ You can also package any website using either Kiwix Zimit (online tool) or the Zimit Docker Container (for technical users)

ℹ️ .zim is the file format used for packaged websites

@ 6e64b83c:94102ee8

Nostr-static is a powerful static site generator that transforms long-form Nostr content into beautiful, standalone websites. It makes your content accessible to everyone, even those not using Nostr clients. For more information check out my previous blog post How to Create a Blog Out of Nostr Long-Form Articles

What's New in Version 0.7?

RSS and Atom Feeds

Version 0.7 brings comprehensive feed support with both RSS and Atom formats. The system automatically generates feeds for your main content, individual profiles, and tag-specific pages. These feeds are seamlessly integrated into your site's header, making them easily discoverable by feed readers and content aggregators.

This feature bridges the gap between Nostr and traditional web publishing, allowing your content to reach readers who prefer feed readers or automated content distribution systems.

Smart Content Discovery

The new tag discovery system enhances your readers' experience by automatically finding and recommending relevant articles from the Nostr network. It works by:

1. Analyzing the tags in your articles
2. Fetching popular articles from Nostr that share these tags
3. Using configurable weights to rank these articles based on:
4. Engagement metrics (reactions, reposts, replies)
5. Zap statistics (amount, unique zappers, average zap size)
6. Content quality signals (report penalties)

This creates a dynamic "Recommended Articles" section that helps readers discover more content they might be interested in, all while staying within the Nostr ecosystem.

See the new features yourself by visiting our demo at: https://blog.nostrize.me

@ 58537364:705b4b85

ความสำเร็จ จำเป็นต้องมีวินัย

ความมีวินัย คือ "การทำด้วยความตั้งใจ ไม่หวั่นไหว/ไหลตามไปกับอารมณ์" ส่วน "ความไร้วินัย" มีนัยยะตรงกันข้าม กล่าวคือ

ความไร้วินัย คือ "การทำตามความหวั่นไหว/ไหลตามไปกับอารมณ์" เช่น ความง่วง หิว เบื่อ เซ็ง พอใจ ไม่พอใจ กลัว หลงไหล/ขาดสติ เป็นต้น จนเกิดข้ออ้างสารพัด เช่น * อ้างว่าเดี๋ยวก่อน เอาไว้ทีหลัง * อ้างว่าเหนื่อยหน่าย * อ้างว่าร้อนไป หนาวไป * อ้างว่ายังเช้าอยู่ * อ้างว่าสายไปแล้ว * ฯลฯ

การสร้างวินัยที่ยั่งยืน "ไม่ได้เกิดจากการฝืน แต่เกิดจากความฝัน" กฎแห่งความฝันระบุว่า เราต้องสร้างภาพสวรรค์ (เป้าหมาย) ให้ชัด จากนั้นให้ลดช่องว่างระหว่างการคิดและการกระทำให้เหลือน้อยที่สุด เพราะถ้าเราคิดมาก ส่วนใหญ่เราจะไม่ได้ทำ จิตใจเราจะอ่อนแอ ไม่เข้มแข็งมั่นคง

กฎแห่งความฝัน ควรฝันเพื่อผู้อื่น อย่าฝันเพื่อตัวเองคนเดียว เพราะขณะที่จิตมุ่งเป้าสู่ความสำเร็จนั้นมัน ถ้ามันมีมากเกินไป สติปัญญาจะอ่อนค่าลง ความรอบรู้จะน้อยลง ณ ขณะนั้นการกระทำทั้งปวงจะขาดความเห็นอกเห็นใจผู้อื่นหากทำเพื่อตัวเองฝ่ายเดียว แต่ถ้าพลังมุ่งเป้าที่ส่วนรวม ทุกการกระทำจะส่งคุณค่าเกิดเป็นความสุขความสำเร็จร่วมกัน

-เมธา หริมเทพาธิบดี

คู่มือมนุษย์

@ 04ea4f83:210e1713

Bei dem Begriff "Midlife-Crisis" denkt man oft an Menschen mittleren Alters, die sich Sportwagen kaufen, ihre Ehepartner für jüngere Partner verlassen oder sich in einem verzweifelten Versuch, ihre Jugend wiederzuerlangen, plötzlich auf ausgefallene Abenteuer einlassen. Im Bitcoin Space zeichnet sich jedoch ein neues Phänomen ab - die Bitcoiner Midlife-Crisis.

Für diejenigen, die tief in den Kaninchen Bau eingetaucht sind kommt ein Punkt auf ihrer Reise, an dem sie ein Plateau erreichen. Sie haben ein außerordentliches Vermögen in Form von Sats angehäuft und verfügen über ein klares Verständnis der Technologie und des Marktes. Aber trotz alledem fühlen sie sich unerfüllt, so als ob der nächste Kauf von Bitcoin einfach keinen wirklichen Unterschied mehr macht.

Dieses Gefühl wird durch die extreme Volatilität des Bitcoin-Marktes noch verstärkt. An einem Tag kann das Nettovermögen in neue Höhen steigen, nur um am nächsten Tag wieder deutlich zu fallen. Die Schwankungen können so drastisch sein, dass ihr Jahresgehalt im Vergleich zu den nicht realisierten Gewinnen und Verlusten, die sie an einem einzigen Tag erleben, verblasst. Es wird schwierig, die Achterbahnfahrt der finanziellen Freiheit mit der Stabilität einer traditionellen Festanstellung in Einklang zu bringen.

Die traditionellen Vorstellungen von Erfolg und Erfüllung verlieren für Bitcoiner, die diese Midlife-Crisis erleben, an Bedeutung. Die Verlockung von materiellen Besitztümern oder beruflichen Fortschritten hat nicht mehr das gleiche Gewicht im Vergleich zu den potenziellen Gewinnen und Verlusten der Bitcoin. Die Vorstellung, für jemand anderen zu arbeiten und Zeit gegen Geld zu tauschen, wird zunehmend unattraktiver, wenn sie das Potenzial für finanzielle Unabhängigkeit durch ihre überlegene Spar-Technologie sehen.

Infolgedessen können Bitcoiner in der Mitte ihrer Lebenskrise ihre Prioritäten und Werte in Frage stellen. Sie könnten beginnen, die gesellschaftlichen Normen und Erwartungen zu hinterfragen, die ihr Leben bis zu diesem Zeitpunkt bestimmt haben. Das Bedürfnis nach Anerkennung oder Bestätigung durch andere hat nicht mehr den gleichen Stellenwert, da sie erkennen, dass ihr Wohlstand und ihr Erfolg nicht durch traditionelle Maßstäbe definiert werden.

Diese veränderte Denkweise kann zu einem Mangel an Filter oder Selbstzensur in ihren Interaktionen mit anderen führen. Bitcoiner, die eine Midlife-Crisis durchleben, werden möglicherweise offener und selbstbewusster, wenn es darum geht, ihre Überzeugungen und Meinungen zu äußern, unabhängig davon, wie sie von ihrem Umfeld wahrgenommen werden. Sie haben vielleicht nicht mehr das Bedürfnis, sich an gesellschaftliche Normen anzupassen oder sich an konventionelle Weisheiten zu halten, was zu Konflikten mit Freunden, Familie oder Arbeitskollegen führt, die ihre Ansichten nicht verstehen oder teilen.

Die emotionale Loslösung, die mit der Bitcoiner-Midlife-Crisis einhergeht, kann sich auch in einem allgemeinen Gefühl der Apathie oder Gleichgültigkeit gegenüber äußeren Ereignissen oder Umständen äußern. Themen oder Herausforderungen, die früher vielleicht eine starke emotionale Reaktion hervorgerufen haben, werden jetzt kaum noch wahrgenommen. Die Höhen und Tiefen des alltäglichen Fiat-Jobs scheinen im Vergleich zur Volatilität des Bitcoin-Marktes unbedeutend zu sein.

Mitten in dieser Midlife-Crisis könnten sich Bitcoiner an einem Scheideweg wiederfinden und sich mit Fragen der Identität, des Zwecks und der Erfüllung auseinandersetzen. Sie könnten gezwungen sein, sich mit ihrer eigenen Sterblichkeit und dem Erbe, das sie hinterlassen wollen, auseinanderzusetzen. Die traditionellen Meilensteine des Erfolgs, wie ein Haus, staatliche Altersvorsorge oder berufliche Erfolge, haben vielleicht nicht mehr die gleiche Anziehungskraft, wenn man sie mit dem Potenzial für finanzielle Freiheit und Souveränität vergleicht, das der Bitcoin bietet.

Die Midlife-Crisis der Bitcoiner ist nicht nur ein persönlicher Kampf, sondern ein Spiegelbild der breiteren gesellschaftlichen Veränderungen und Umwälzungen, die durch den Aufstieg eines digitalen Geldes ausgelöst wurden, welches die Gesellschaft von monetärer Entwertung und finanzieller Unterdrückung befreit. Sie ist eine Herausforderung für die etablierten Normen und Strukturen der Finanzwelt und eine Neudefinition dessen, was es bedeutet, in der modernen Zeit Erfolg und Erfüllung zu finden.

Während Bitcoiner durch diese Midlife-Crisis schreiten, können sie Trost darin finden, sich mit anderen zu verbinden, die ihre Reise und Erfahrungen teilen. Online-Communities, Meetups und Konferenzen bieten einen Raum für Gleichgesinnte, um zusammenzukommen und sich gegenseitig durch die Höhen und Tiefen des Bitcoin-Marktes zu unterstützen. Indem sie ihre Kämpfe, Erfolge und Einsichten miteinander teilen, können Bitcoiner ein Gefühl der Kameradschaft und ein Ziel auf ihrem Weg zur finanziellen Unabhängigkeit und Selbstverwirklichung finden.

Zusammenfassend lässt sich sagen, dass die Midlife-Crisis der Bitcoiner ein komplexes und vielschichtiges Phänomen ist, das die einzigartigen Herausforderungen und Chancen der Einführung von gesundem Geld widerspiegelt. Sie stellt einen Wendepunkt im Leben derjenigen dar, die tief in die Welt des Bitcoin eingetaucht sind, wo traditionelle Maßstäbe für Erfolg und Erfüllung im Lichte des Potenzials für Selbstständigkeit und finanzielle Freiheit neu bewertet werden. Indem sie sich mit ihren eigenen Werten, Überzeugungen und Prioritäten auseinandersetzen, können Bitcoiner aus dieser Midlife-Crisis mit einem neuen Sinn für Ziel und Richtung auf ihrer Reise zu finanzieller Unabhängigkeit und Selbstverwirklichung hervorgehen.

@ 6ad3e2a3:c90b7740

You are wearing a helmet, but it's been on your head so long you no longer notice it.

The helmet interfaces with your mind via thought-emotion. It influences what you think about and how you feel.

You could remove the helmet at any time. But the thought-emotions keep you distracted, fearful and attached.

Occasionally you remember you are wearing it. Moments of clarity and detachment. You see the way your experience is colored by it. You know it is biased, untrue to reality. You seriously contemplate removing it.

But the moment passes.

Later, you remember contemplating your helmet’s removal, but you wonder what you will gain from it, whether it’s worth doing.

You are no longer having a moment of clarity, just a memory of the question that arose from it, but colored now by thought-emotions.

You decide even if you wanted to remove it, you would put it back on before long. After all, you have never kept it off before, why would you suddenly live without this interface now? The interface is what you know.

Maybe one day, when you are in a more secure place, when your ducks are more in a row, you will remove it. Not now, not in the midst of all this chaos, so many things to do, so much on your plate. You will leave it on for now. You will deal with this later.

But one day too late it dawns on you it is always ever now, and later means never. You have lived your entire life at the behest of the interface when all you had to do was remove it.

@ 502ab02a:a2860397

ยังมีเรื่องราวของน้ำตาล และ เซลล์ มาคุยกันต่อนะครับ เพราะยังมีคนสงสัยอยู่ว่า เอ้ย ตกลงต้องห่วงการ Spike&Staylong ของอินซุลินอยู่หรือเปล่า แล้วถ้าเราไม่ spike&staylong ก็คือกินคาร์บเบาๆตลอดวันได้เลยใช่ไหมก็มันไม่ spike&staylong แล้วนี่ โอเคครับ เรามาเปิดผับกันอีกครั้ง

คราวก่อนนั้นเราคุยกันเรื่อง ผับน้ำตาลกันไปแล้วนะครับว่า เมื่ออินซูลิน spike สูง และค้างนาน เหมือนเปิดผับแล้ววัยรุ่นแห่กันเข้ามาเที่ยว จนพีอาร์เมาจัด

เผื่อใครจำไม่ได้ ย้อนให้นิดๆครับ ว่าให้ลองนึกภาพว่าเฮียเปิดผับอยู่ดี ๆ ลูกค้าหลั่งไหลเข้ามารัว ๆ เหมือนมีโปรเบียร์ 1 แถม 10 ตอนสามทุ่ม ทุกโต๊ะสั่งข้าวเหนียวหมูปิ้งพร้อมเบียร์น้ำแข็งเต็มโต๊ะ นักเที่ยวก็ยังแห่เข้าผับแบบไม่มีพัก อินซูลินซึ่งเป็นเหมือน “พีอาร์” ที่ต้องจัดการรับแขก (หรือรับน้ำตาลเข้าสู่เซลล์) ก็เลยต้องทำงานหนักแบบ non-stop

อินซูลินเป็นฮอร์โมนสำคัญที่ช่วยเอาน้ำตาลในเลือดเข้าไปเก็บในเซลล์ ถ้า spike ทีเดียวสูงมาก เซลล์ก็รีบดูดน้ำตาลเข้าไปเต็มที่จนเกินพิกัด เหมือนผับที่แน่นจนปิดประตูไม่ลง

ถ้าเหตุการณ์แบบนี้เกิดขึ้นบ่อย ๆ ร่างกายจะเริ่มรู้สึกว่า “ทำไมอินซูลินถึงต้องออกมาบ่อยขนาดนี้วะ?” ระบบก็เริ่มปิดรับแขก เซลล์เริ่มไม่อยากตอบสนอง เพราะมันเหนื่อย มันชิน และมันก็เริ่ม “ดื้ออินซูลิน”

ผลที่ตามมาเมื่อ spike สูงและค้าง สิ่งที่ตามมา... คือความปั่นป่วนในร่างกายอย่างต่อเนื่อง น้ำตาลลอยค้างในเลือด ไปจับกับโปรตีนจนกลายเป็นเจ้า AGEs ตัวร้าย ไขมันก็ถูกสร้างมากขึ้น ล้นเข้าไปสะสมในตับ ในพุง ในซอกที่ร่างกายไม่รู้จะเก็บไว้ตรงไหนแล้ว สมองก็เบลอ ใจวูบ ง่วงงุน... เหมือนเข้าเวรประชุมยาวแบบไม่มีกาแฟ ฮอร์โมนที่เคยเป็นทีมงานสามัคคี ก็เริ่มทะเลาะกันเอง อินซูลินงอน leptin งง ghrelin งวย

แล้วถ้าเราไม่ spike แต่กินคาร์บจุ๋มจิ๋มทั้งวันล่ะ? พอรู้ว่าการเปิดผับแจกคาร์บแบบจัดหนักไม่ดี หลายคนก็ปรับกลยุทธ์ใหม่ มาแนวสายสุขุมว่า “งั้นเปิดผับแบบเนิบ ๆ ก็แล้วกัน… ไม่จัดปาร์ตี้ใหญ่ แต่มีแขกแวะเข้ามาทั้งวัน” ฟังดูดีใช่ไหม? แต่เอาเข้าจริง มันเหนื่อยไม่แพ้กันเลย

ลองนึกภาพว่าประเทศไม่มีเคอร์ฟิว เฮียเปิดผับที่มีลูกค้าเดินเข้าออกไม่หยุด ไม่ได้มากันเป็นฝูงแบบรอบโปรโมชั่น แต่มาเรื่อย ๆ แบบชั่วโมงละโต๊ะ สองโต๊ะ พีอาร์ อินซูลิน ก็เลยต้องยืนต้อนรับแขกตลอดเวลา ไม่มีเวลานั่งพัก ไม่มีช่วงเปลี่ยนกะ ไม่มีเวลาปิดไฟเก็บโต๊ะ คือทำงานต่อเนื่องยาว ๆ ตั้งแต่ 8 โมงเช้า ยัน 8 โมงเช้า สุดท้าย ผับก็เปิดไฟยันสว่าง อินซูลินก็กลายเป็นพนักงานกะดึกตลอดชีพ และเมื่อไม่มีเวลา “พักผับ” ระบบหลังบ้านก็ไม่เคยได้ฟื้นฟูเลย

ภาพรวมของการกินจุ๋มจิ๋มทั้งวันแบบนี้นั้น - เผาผลาญไขมันไม่ออกเลย เพราะอินซูลินทำหน้าที่เหมือนไฟบนเวที ถ้ายังเปิดไฟอยู่ “เครื่องดูดไขมันหลังร้าน” มันก็ไม่ทำงาน - แม่บ้านทำความสะอาดก็เข้าไม่ได้ เพราะแขกเดินเข้าเดินออกตลอด ระบบกำจัดที่ควรจะได้ล้างของเสียในเซลล์ ก็เลยโดนขัดจังหวะตลอด - พนักงานเหนื่อยสะสมจากงานไม่มีหยุด ทำให้เกิดความเครียดสะสมในร่างกาย ฮอร์โมนรวน อารมณ์ก็แปรปรวนง่ายขึ้น หิวเก่งขึ้น ทั้งที่เพิ่งกินไป

เปิดผับแบบคึกคักจัดเต็มทีเดียว แล้วปิดยาว หรือ เปิดทั้งวันแบบไม่มีช่วงปิด สุดท้ายพังทั้งคู่

ทีนี้เราน่าจะพอเห็นภาพร่างคร่าวๆ ของการบริหารการจัดการน้ำตาลในตัวเราได้แล้วนะครับ ว่าจะไดเอทไหนก็ตาม การบริหารการจัดการฮอร์โมนส์ คือสิ่งสำคัญไม่แพ้เรื่องอื่นๆ แม้จะไม่ใช่เรื่องสำคัญที่สุดในสายตาใครก็ตาม

นี่เป็นเพียงจุดเริ่มต้นการเรียนรู้เล็กๆ ซึ่งเส้นทางสายที่เรียกว่า ร่างกาย มันยังไปไกลอีกลิบลับเลยครับ ไม่ว่าจะจังหวัดคอติซอล จังหวัดพฤกษเคมี จังหวัดพลังงาน จังหวัดสารอาหาร แถมลักษณะร่างกายแต่ละคน ก็เปรียบเหมือนรถต่างยี่ห้อ ต่างน้ำมันขับเคลื่อน ต่างซีซี หรือแม้ว่าจะเหมือนกัน ก็ยังต่างปี ต่างไมล์การขับขี่

#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ 04ea4f83:210e1713

Veröffentlicht auf Medium am 07.06.2021\ Originalautor: Tomer Strolight\ Übersetzt von: Sinautoshi am 04.05.2023 - 788249\

Reden wir über Dinge, die man mit Geld nicht kaufen kann.

Ehrlichkeit kann man mit Geld nicht kaufen. Tatsächlich sind Menschen, die versuchen, dich davon zu überzeugen, ihnen dein Geld zu geben, oft nicht ganz ehrlich zu dir.

Freundschaft kann man mit Geld nicht kaufen. Du kannst nicht in ein Geschäft oder eine Bar gehen und einen Freund kaufen – jemanden, der deine Werte teilt, der dich respektiert, den du respektierst. Und aus den gleichen Gründen kann man sich damit keine Liebe kaufen , die eine besonders tiefe Form der Freundschaft ist.

Vor allem kann Geld dir keine Dinge kaufen, die in dir selbst sind: Es kann dir kein Selbstwertgefühl, Intelligenz, Mut oder Integrität kaufen, um nur einige Beispiele zu nennen. Gebe einer unsicheren Person einen Haufen Geld und sie wird es verschwenden, um vor anderen anzugeben oder sich selbst zu zerstören. Gib einem intellektuell faulen Menschen Geld und er wird nicht schlauer. Gebe einem Feigling Geld und er hat nur noch eine Sache, vor der er Angst haben muss: das Geld zu verlieren. Und gebe einem Betrüger Geld, und er wird versuchen, es zu verwenden, um einen unehrlichen Plan auszuhecken, durch den er mehr bekommen kann.

Die Dinge, die man für Geld kaufen kann

Geld wird dir ein schönes Outfit, einen tollen Haarschnitt, ein schickes Auto und ein schönes Haus kaufen, aber das Glück selbst wird unerreichbar bleiben ohne echte Freunde und Liebhaber, denen du vertrauen kannst, und ohne in der Lage zu sein, dich selbst zu lieben und zu respektieren.

Geld kauft nämlich kein Glück. Nicht von alleine. Es ist nicht ausreichend.

Warum arbeiten wir dann so hart für Geld? Warum messen manche Menschen ihren Wert in Dollar?

Es ist wahr, dass wir viele der Dinge brauchen, die man mit Geld kaufen kann, wie Nahrung, Unterkunft, Kleidung und sogar Unterhaltung, die uns ein wenig glücklicher macht.

Geld kann ein Wegbereiter sein. Es kann verwendet werden, um Dinge zu kaufen, die grundlegende Überlebensbedürfnisse befriedigen, und uns dadurch die Zeit verschaffen, diesen anderen Werten nachzugehen, die Geld selbst nicht kaufen kann.

Es ist jedoch immer noch sehr falsch, unseren Wert anhand einer einzigen Zahl zu messen, geschweige denn an einer Zahl, von der wir wissen, dass sie Freundschaft, Liebe, Selbstwertgefühl, Intelligenz, Mut, Integrität und viele andere Tugenden und Werte, die wir zeigen und verfolgen sollten, auslässt.

Was hat das mit Bitcoin zu tun?

Nehmen wir uns nun eine Minute Zeit, um uns die Gemeinschaft der Bitcoiner anzusehen. Bitcoiner sind überzeugt von einer neue Form von Geld, Bitcoin.

Wir unternehmen große Anstrengungen, um zu erklären, warum wir denken, dass es die beste Form von Geld ist, die es je gegeben hat und wahrscheinlich jemals geben wird.

Um dies erklären zu können, müssen wir zunächst große Anstrengungen unternehmen, um zu verstehen, was Geld ist und wie Bitcoin die Anforderungen erfüllt, Geld zu sein.

Dazu müssen wir einen sehr ehrlichen Blick auf die Geschichte und die Gegenwart werfen . Wir müssen erforschen, was viele Menschen für selbstverständlich halten. Wir müssen harte Fragen stellen und nach ehrlichen, vertretbaren Antworten suchen.

Wir müssen etwas über die Mathematik lernen, auf die sich Bitcoin stützt.

Wir müssen etwas über die Energieproduktion lernen, auf die Bitcoin angewiesen ist.

Wir lernen etwas über Ökonomie, die Lehre davon, wie Menschen mit den Dingen umgehen, die man mit Geld kaufen kann.

Wir entwickeln eine tiefe Überzeugung, die von all diesem Lernen und unseren Beobachtungen und Argumenten über das, was um uns herum passiert, geprägt ist.

Wir bilden Ansichten darüber aus, wohin die Welt steuert .

Wir kommen zu dem Schluss, dass eine Welt mit Bitcoin als Geld oder auch nur als das Geld, das von uns, welche sich für Bitcoin entscheiden, verwendet wird, eine bessere Welt ist.

Wir schließen daraus, dass es eine bessere Welt ist, weil sie ehrlich und transparent ist. Es ist eine Welt ohne Geheimnisse, Intrigen und Täuschungen darüber, was Geld ist.

Es ist eine Welt ohne mächtige Leute, die die Kontrolle über das Geldsystem ausüben, um die Schwachen zu kontrollieren.

Wir finden dann eine moralische Mission in Bitcoin.

Wir übernehmen die Verantwortung, das Wissen zu verbreiten.

Dazu braucht es Mut. Wir müssen unser Geld dort einsetzen, wo unser Mund ist, indem wir Bitcoin mit unseren Euro kaufen. Dies ist ein Akt der Risikobereitschaft oder des Mutes. Es ist ein Akt der Integrität – unsere Worte an unseren Taten auszurichten.

Wir müssen standhaft bleiben. Wir werden ausgelacht. Mächtige Menschen und Institutionen verspotten uns und versuchen, uns zu diskreditieren. Sie bezeichnen uns als Unterstützer von Kriminellen und Terroristen. Entweder stärken wir unseren Mut und unsere Überzeugung oder verlassen Bitcoin.

Diejenigen von uns, die bleiben, wissen, dass unsere Mit-Bitcoiner, die die gleichen Schwierigkeiten durchgemacht haben oder durchmachen wie wir, ehrlich, intelligent und mutig sind.

Wir respektieren einander. Wir werden Freunde.

Wir alle tragen bei, was wir können, wie wir können. Wir bauen die Welt, die wir uns vorstellen.

All dies tun wir unbeirrt, während Millionen an der Seitenlinie stehen, einige neugierig zusehen, uns verspotten und einige aktiv angreifen und versuchen, uns aufzuhalten. Ab und zu rennt einer rüber und sagt „Ich will so sein wie du!“ Und wir empfangen sie mit offenen Armen.

Ein Bitcoiner zu werden ist ein Prozess, durch den du Dinge erhältst, die man mit Geld nicht kaufen kann.

Schau mal. Ehrlichkeit kann man mit Geld nicht kaufen. Freundschaft kann man damit nicht kaufen. Selbstachtung, Mut, Intelligenz oder Integrität kann man damit auch nicht kaufen. Doch diese Bitcoiner mit ihren Ideen, ihren Idealen, Bemühungen und ihren Errungenschaften haben sich all diese Dinge angeeignet. Bitcoiner sind ehrlich. Sie haben authentische Freundschaften. Sie glauben an sich. Sie sind mutig. Sie sind schlau. Und sie besitzen eine Integrität, die all diese Dinge über jeden Reichtum stellt, der in einem monetären Wert gemessen wird.

Kein Bitcoiner beurteilt einen anderen danach, wie viel Bitcoin diese andere Person wert ist.

Es ist ein Fauxpas in der Community, überhaupt danach zu fragen.

Ich liebe meine Mit-Bitcoiner. Sie sind die besten Menschen auf Erden. Einige mögen finanziell reich sein, andere nicht. Aber sie sind mir alle viel mehr wert als Geld. 

Bitcoin hat uns allen eine Fülle von Dingen gegeben, die man mit Geld nicht kaufen kann.

@ 088436cd:9d2646cc

The arrival of the coronavirus brought not only illness and death but also fear and panic. In such an environment of uncertainty, people have naturally stocked up on necessities, not knowing when things will return to normal.

Retail shelves have been cleared out, and even online suppliers like Amazon and Walmart are out of stock for some items. Independent sellers on these e-commerce platforms have had to fill the gap. With the huge increase in demand, they have found that their inventory has skyrocketed in value.

Many in need of these items (e.g. toilet paper, hand sanitizer and masks) balk at the new prices. They feel they are being taken advantage of in a time of need and call for intervention by the government to lower prices. The government has heeded that call, labeling the independent sellers as "price gougers" and threatening sanctions if they don't lower their prices. Amazon has suspended seller accounts and law enforcement at all levels have threatened to prosecute. Prices have dropped as a result and at first glance this seems like a victory for fair play. But, we will have to dig deeper to understand the unseen consequences of this intervention.

We must look at the economics of the situation, how supply and demand result in a price and how that price acts as a signal that goes out to everyone, informing them of underlying conditions in the economy and helping coordinate their actions.

It all started with a rise in demand. Given a fixed supply (e.g., the limited stock on shelves and in warehouses), an increase in demand inevitably leads to higher prices. Most people are familiar with this phenomenon, such as paying more for airline tickets during holidays or surge pricing for rides.

Higher prices discourage less critical uses of scarce resources. For example, you might not pay $1,000 for a plane ticket to visit your aunt if you can get one for $100 the following week, but someone else might pay that price to visit a dying relative. They value that plane seat more than you.

*** During the crisis, demand surged and their shelves emptied even though

However, retail outlets have not raised prices. They have kept them low, so the low-value uses of things like toilet paper, masks and hand sanitizer has continued. Often, this "use" just takes the form of hoarding. At everyday low prices, it makes sense to buy hundreds of rolls and bottles. You know you will use them eventually, so why not stock up? And, with all those extra supplies in the closet and basement, you don't need to change your behavior much. You don't have to ration your use.

At the low prices, these scarce resources got bought up faster and faster until there was simply none left. The reality of the situation became painfully clear to those who didn't panic and got to the store late: You have no toilet paper and you're not going to any time soon.

However, if prices had been allowed to rise, a number of effects would have taken place that would have coordinated the behavior of everyone so that valuable resources would not have been wasted or hoarded, and everyone could have had access to what they needed.

On the demand side, if prices had been allowed to rise, people would have begun to self-ration. You might leave those extra plies on the roll next time if you know they will cost ten times as much to replace. Or, you might choose to clean up a spill with a rag rather than disposable tissue. Most importantly, you won't hoard as much. That 50th bottle of hand sanitizer might just not be worth it at the new, high price. You'll leave it on the shelf for someone else who may have none.

On the supply side, higher prices would have incentivized people to offer up more of their stockpiles for sale. If you have a pallet full of toilet paper in your basement and all of the sudden they are worth $15 per roll, you might just list a few online. But, if it is illegal to do so, you probably won't.

Imagine you run a business installing insulation and have a few thousand respirator masks on hand for your employees. During a pandemic, it is much more important that people breathe filtered air than that insulation get installed, and that fact is reflected in higher prices. You will sell your extra masks at the higher price rather than store them for future insulation jobs, and the scarce resource will be put to its most important use.

Producers of hand sanitizer would go into overdrive if prices were allowed to rise. They would pay their employees overtime, hire new ones, and pay a premium for their supplies, making sure their raw materials don't go to less important uses.

These kinds of coordinated actions all across the economy would be impossible without real prices to guide them. How do you know if it makes sense to spend an extra $10k bringing a thousand masks to market unless you know you can get more than $10 per mask? If the price is kept artificially low, you simply can't do it. The money just isn't there.

These are the immediate effects of a price change, but incredibly, price changes also coordinate people's actions across space and time.

Across space, there are different supply and demand conditions in different places, and thus prices are not uniform. We know some places are real "hot spots" for the virus, while others are mostly unaffected. High demand in the hot spots leads to higher prices there, which attracts more of the resource to those areas. Boxes and boxes of essential items would pour in where they are needed most from where they are needed least, but only if prices were allowed to adjust freely.

This would be accomplished by individuals and businesses buying low in the unaffected areas, selling high in the hot spots and subtracting their labor and transportation costs from the difference. Producers of new supply would know exactly where it is most needed and ship to the high-demand, high-price areas first. The effect of these actions is to increase prices in the low demand areas and reduce them in the high demand areas. People in the low demand areas will start to self-ration more, reflecting the reality of their neighbors, and people in the hotspots will get some relief.

However, by artificially suppressing prices in the hot spot, people there will simply buy up the available supply and run out, and it will be cost prohibitive to bring in new supply from low-demand areas.

Prices coordinate economic actions across time as well. Just as entrepreneurs and businesses can profit by transporting scarce necessities from low-demand to high-demand areas, they can also profit by buying in low-demand times and storing their merchandise for when it is needed most.

Just as allowing prices to freely adjust in one area relative to another will send all the right signals for the optimal use of a scarce resource, allowing prices to freely adjust over time will do the same.

When an entrepreneur buys up resources during low-demand times in anticipation of a crisis, she restricts supply ahead of the crisis, which leads to a price increase. She effectively bids up the price. The change in price affects consumers and producers in all the ways mentioned above. Consumers self-ration more, and producers bring more of the resource to market.

Our entrepreneur has done a truly incredible thing. She has predicted the future, and by so doing has caused every individual in the economy to prepare for a shortage they don't even know is coming! And, by discouraging consumption and encouraging production ahead of time, she blunts the impact the crisis will have. There will be more of the resource to go around when it is needed most.

On top of this, our entrepreneur still has her stockpile she saved back when everyone else was blithely using it up. She can now further mitigate the damage of the crisis by selling her stock during the worst of it, when people are most desperate for relief. She will know when this is because the price will tell her, but only if it is allowed to adjust freely. When the price is at its highest is when people need the resource the most, and those willing to pay will not waste it or hoard it. They will put it to its highest valued use.

The economy is like a big bus we are all riding in, going down a road with many twists and turns. Just as it is difficult to see into the future, it is difficult to see out the bus windows at the road ahead.

On the dashboard, we don't have a speedometer or fuel gauge. Instead we have all the prices for everything in the economy. Prices are what tell us the condition of the bus and the road. They tell us everything. Without them, we are blind.

Good times are a smooth road. Consumer prices and interest rates are low, investment returns are steady. We hit the gas and go fast. But, the road is not always straight and smooth. Sometimes there are sharp turns and rough patches. Successful entrepreneurs are the ones who can see what is coming better than everyone else. They are our navigators.

When they buy up scarce resources ahead of a crisis, they are hitting the brakes and slowing us down. When they divert resources from one area to another, they are steering us onto a smoother path. By their actions in the market, they adjust the prices on our dashboard to reflect the conditions of the road ahead, so we can prepare for, navigate and get through the inevitable difficulties we will face.

Interfering with the dashboard by imposing price floors or price caps doesn't change the conditions of the road (the number of toilet paper rolls in existence hasn't changed). All it does is distort our perception of those conditions. We think the road is still smooth--our heavy foot stomping the gas--as we crash onto a rocky dirt road at 80 miles per hour (empty shelves at the store for weeks on end).

Supply, demand and prices are laws of nature. All of this is just how things work. It isn't right or wrong in a moral sense. Price caps lead to waste, shortages and hoarding as surely as water flows downhill. The opposite--allowing prices to adjust freely--leads to conservation of scarce resources and their being put to their highest valued use. And yes, it leads to profits for the entrepreneurs who were able to correctly predict future conditions, and losses for those who weren't.

Is it fair that they should collect these profits? On the one hand, anyone could have stocked up on toilet paper, hand sanitizer and face masks at any time before the crisis, so we all had a fair chance to get the supplies cheaply. On the other hand, it just feels wrong that some should profit so much at a time when there is so much need.

Our instinct in the moment is to see the entrepreneur as a villain, greedy "price gouger". But we don't see the long chain of economic consequences the led to the situation we feel is unfair.

If it weren't for anti-price-gouging laws, the major retailers would have raised their prices long before the crisis became acute. When they saw demand outstrip supply, they would have raised prices, not by 100 fold, but gradually and long before anyone knew how serious things would have become. Late comers would have had to pay more, but at least there would be something left on the shelf.

As an entrepreneur, why take risks trying to anticipate the future if you can't reap the reward when you are right? Instead of letting instead of letting entrepreneurs--our navigators--guide us, we are punishing and vilifying them, trying to force prices to reflect a reality that simply doesn't exist.

In a crisis, more than any other time, prices must be allowed to fluctuate. To do otherwise is to blind ourselves at a time when danger and uncertainty abound. It is economic suicide.

In a crisis, there is great need, and the way to meet that need is not by pretending it's not there, by forcing prices to reflect a world where there isn't need. They way to meet the need is the same it has always been, through charity.

If the people in government want to help, the best way for the to do so is to be charitable and reduce their taxes and fees as much as possible, ideally to zero in a time of crisis. Amazon, for example, could instantly reduce the price of all crisis related necessities by 20% if they waived their fee. This would allow for more uses by more people of these scarce supplies as hoarders release their stockpiles on to the market, knowing they can get 20% more for their stock. Governments could reduce or eliminate their tax burden on high-demand, crisis-related items and all the factors that go into their production, with the same effect: a reduction in prices and expansion of supply. All of us, including the successful entrepreneurs and the wealthy for whom high prices are not a great burden, could donate to relief efforts.

These ideas are not new or untested. This is core micro economics. It has been taught for hundreds of years in universities the world over. The fact that every crisis that comes along stirs up ire against entrepreneurs indicates not that the economics is wrong, but that we have a strong visceral reaction against what we perceive to be unfairness. This is as it should be. Unfairness is wrong and the anger it stirs in us should compel us to right the wrong. Our anger itself isn't wrong, it's just misplaced.

Entrepreneurs didn't cause the prices to rise. Our reaction to a virus did that. We saw a serious threat and an uncertain future and followed our natural impulse to hoard. Because prices at major retail suppliers didn't rise, that impulse ran rampant and we cleared the shelves until there was nothing left. We ran the bus right off the road and them blamed the entrepreneurs for showing us the reality of our situation, for shaking us out of the fantasy of low prices.

All of this is not to say that entrepreneurs are high-minded public servants. They are just doing their job. Staking your money on an uncertain future is a risky business. There are big risks and big rewards. Most entrepreneurs just scrape by or lose their capital in failed ventures.

However, the ones that get it right must be allowed to keep their profits, or else no one will try and we'll all be driving blind. We need our navigators. It doesn't even matter if they know all the positive effects they are having on the rest of us and the economy as a whole. So long as they are buying low and selling high--so long as they are doing their job--they will be guiding the rest of us through the good times and the bad, down the open road and through the rough spots.

@ 3b3a42d3:d192e325

Atomic Signature Swaps (ASS) over Nostr is a protocol for atomically exchanging Schnorr signatures using Nostr events for orchestration. This new primitive enables multiple interesting applications like:

• Getting paid to publish specific Nostr events
• Issuing automatic payment receipts
• Contract signing in exchange for payment
• P2P asset exchanges
• Trading and enforcement of asset option contracts
• Payment in exchange for Nostr-based credentials or access tokens
• Exchanging GMs 🌞

It only requires that (i) the involved signatures be Schnorr signatures using the secp256k1 curve and that (ii) at least one of those signatures be accessible to both parties. These requirements are naturally met by Nostr events (published to relays), Taproot transactions (published to the mempool and later to the blockchain), and Cashu payments (using mints that support NUT-07, allowing any pair of these signatures to be swapped atomically.

How the Cryptographic Magic Works 🪄

This is a Schnorr signature (Zₓ, s):

s = z + H(Zₓ || P || m)⋅k

If you haven't seen it before, don't worry, neither did I until three weeks ago.

The signature scalar s is the the value a signer with private key k (and public key P = k⋅G) must calculate to prove his commitment over the message m given a randomly generated nonce z (Zₓ is just the x-coordinate of the public point Z = z⋅G). H is a hash function (sha256 with the tag "BIP0340/challenge" when dealing with BIP340), || just means to concatenate and G is the generator point of the elliptic curve, used to derive public values from private ones.

Now that you understand what this equation means, let's just rename z = r + t. We can do that, z is just a randomly generated number that can be represented as the sum of two other numbers. It also follows that z⋅G = r⋅G + t⋅G ⇔ Z = R + T. Putting it all back into the definition of a Schnorr signature we get:

s = (r + t) + H((R + T)ₓ || P || m)⋅k

Which is the same as:

s = sₐ + t where sₐ = r + H((R + T)ₓ || P || m)⋅k

sₐ is what we call the adaptor signature scalar) and t is the secret. ((R + T)ₓ, sₐ) is an incomplete signature that just becomes valid by add the secret t to the sₐ:

s = sₐ + t

What is also important for our purposes is that by getting access to the valid signature s, one can also extract t from it by just subtracting sₐ:

t = s - sₐ

The specific value of t depends on our choice of the public point T, since R is just a public point derived from a randomly generated nonce r.

So how do we choose T so that it requires the secret t to be the signature over a specific message m' by an specific public key P'? (without knowing the value of t)

Let's start with the definition of t as a valid Schnorr signature by P' over m':

t = r' + H(R'ₓ || P' || m')⋅k' ⇔ t⋅G = r'⋅G + H(R'ₓ || P' || m')⋅k'⋅G

That is the same as:

T = R' + H(R'ₓ || P' || m')⋅P'

Notice that in order to calculate the appropriate T that requires t to be an specific signature scalar, we only need to know the public nonce R' used to generate that signature.

In summary: in order to atomically swap Schnorr signatures, one party P' must provide a public nonce R', while the other party P must provide an adaptor signature using that nonce:

sₐ = r + H((R + T)ₓ || P || m)⋅k where T = R' + H(R'ₓ || P' || m')⋅P'

P' (the nonce provider) can then add his own signature t to the adaptor signature sₐ in order to get a valid signature by P, i.e. s = sₐ + t. When he publishes this signature (as a Nostr event, Cashu transaction or Taproot transaction), it becomes accessible to P that can now extract the signature t by P' and also make use of it.

Important considerations

A signature may not be useful at the end of the swap if it unlocks funds that have already been spent, or that are vulnerable to fee bidding wars.

When a swap involves a Taproot UTXO, it must always use a 2-of-2 multisig timelock to avoid those issues.

Cashu tokens do not require this measure when its signature is revealed first, because the mint won't reveal the other signature if they can't be successfully claimed, but they also require a 2-of-2 multisig timelock when its signature is only revealed last (what is unavoidable in cashu for cashu swaps).

For Nostr events, whoever receives the signature first needs to publish it to at least one relay that is accessible by the other party. This is a reasonable expectation in most cases, but may be an issue if the event kind involved is meant to be used privately.

How to Orchestrate the Swap over Nostr?

Before going into the specific event kinds, it is important to recognize what are the requirements they must meet and what are the concerns they must address. There are mainly three requirements:

• Both parties must agree on the messages they are going to sign
• One party must provide a public nonce
• The other party must provide an adaptor signature using that nonce

There is also a fundamental asymmetry in the roles of both parties, resulting in the following significant downsides for the party that generates the adaptor signature:

• NIP-07 and remote signers do not currently support the generation of adaptor signatures, so he must either insert his nsec in the client or use a fork of another signer
• There is an overhead of retrieving the completed signature containing the secret, either from the blockchain, mint endpoint or finding the appropriate relay
• There is risk he may not get his side of the deal if the other party only uses his signature privately, as I have already mentioned
• There is risk of losing funds by not extracting or using the signature before its timelock expires. The other party has no risk since his own signature won't be exposed by just not using the signature he received.

The protocol must meet all those requirements, allowing for some kind of role negotiation and while trying to reduce the necessary hops needed to complete the swap.

Swap Proposal Event (kind:455)

This event enables a proposer and his counterparty to agree on the specific messages whose signatures they intend to exchange. The content field is the following stringified JSON:

{     "give": <signature spec (required)>,     "take": <signature spec (required)>,     "exp": <expiration timestamp (optional)>,     "role": "<adaptor | nonce (optional)>",     "description": "<Info about the proposal (optional)>",     "nonce": "<Signature public nonce (optional)>",     "enc_s": "<Encrypted signature scalar (optional)>" }

The field role indicates what the proposer will provide during the swap, either the nonce or the adaptor. When this optional field is not provided, the counterparty may decide whether he will send a nonce back in a Swap Nonce event or a Swap Adaptor event using the nonce (optionally) provided by in the Swap Proposal in order to avoid one hop of interaction.

The enc_s field may be used to store the encrypted scalar of the signature associated with the nonce, since this information is necessary later when completing the adaptor signature received from the other party.

A signature spec specifies the type and all necessary information for producing and verifying a given signature. In the case of signatures for Nostr events, it contain a template with all the fields, except pubkey, id and sig:

{ "type": "nostr", "template": { "kind": "<kind>"        "content": "<content>"        "tags": [ … ],        "created_at": "<created_at>" } }

In the case of Cashu payments, a simplified signature spec just needs to specify the payment amount and an array of mints trusted by the proposer:

{   "type": "cashu",   "amount": "<amount>",   "mint": ["<acceptable mint_url>", …] }

This works when the payer provides the adaptor signature, but it still needs to be extended to also work when the payer is the one receiving the adaptor signature. In the later case, the signature spec must also include a timelock and the derived public keys Y of each Cashu Proof, but for now let's just ignore this situation. It should be mentioned that the mint must be trusted by both parties and also support Token state check (NUT-07) for revealing the completed adaptor signature and P2PK spending conditions (NUT-11) for the cryptographic scheme to work.

The tags are:

• "p", the proposal counterparty's public key (required)
• "a", a kind:30455 Swap Listing event or an application specific version of it (optional)

Forget about this Swap Listing event for now, I will get to it later...

Swap Nonce Event (kind:456) - Optional

This is an optional event for the Swap Proposal receiver to provide the public nonce of his signature when the proposal does not include a nonce or when he does not want to provide the adaptor signature due to the downsides previously mentioned. The content field is the following stringified JSON:

{     "nonce": "<Signature public nonce>",     "enc_s": "<Encrypted signature scalar (optional)>" }

And the tags must contain:

• "e", a kind:455 Swap Proposal Event (required)
• "p", the counterparty's public key (required)

Swap Adaptor Event (kind:457)

The content field is the following stringified JSON:

{ "adaptors": [ {         "sa": "<Adaptor signature scalar>",         "R": "<Signer's public nonce (including parity byte)>",         "T": "<Adaptor point (including parity byte)>",         "Y": "<Cashu proof derived public key (if applicable)>",     }, …],     "cashu": "<Cashu V4 token (if applicable)>" }

And the tags must contain:

• "e", a kind:455 Swap Proposal Event (required)
• "p", the counterparty's public key (required)

Discoverability

The Swap Listing event previously mentioned as an optional tag in the Swap Proposal may be used to find an appropriate counterparty for a swap. It allows a user to announce what he wants to accomplish, what his requirements are and what is still open for negotiation.

Swap Listing Event (kind:30455)

The content field is the following stringified JSON:

{ "description": "<Information about the listing (required)>", "give": <partial signature spec (optional)>, "take": <partial signature spec (optional)>, "examples: [<take signature spec>], // optional "exp": <expiration timestamp (optional)>, "role": "<adaptor | nonce (optional)>" }

The description field describes the restrictions on counterparties and signatures the user is willing to accept.

A partial signature spec is an incomplete signature spec used in Swap Proposal events kind:455 where omitting fields signals that they are still open for negotiation.

The examples field is an array of signature specs the user would be willing to take.

The tags are:

• "d", a unique listing id (required)
• "s", the status of the listing draft | open | closed (required)
• "t", topics related to this listing (optional)
• "p", public keys to notify about the proposal (optional)

Application Specific Swap Listings

Since Swap Listings are still fairly generic, it is expected that specific use cases define new event kinds based on the generic listing. Those application specific swap listing would be easier to filter by clients and may impose restrictions and add new fields and/or tags. The following are some examples under development:

Sponsored Events

This listing is designed for users looking to promote content on the Nostr network, as well as for those who want to monetize their accounts by sharing curated sponsored content with their existing audiences.

It follows the same format as the generic Swap Listing event, but uses the kind:30456 instead.

The following new tags are included:

• "k", event kind being sponsored (required)
• "title", campaign title (optional)

It is required that at least one signature spec (give and/or take) must have "type": "nostr" and also contain the following tag ["sponsor", "<pubkey>", "<attestation>"] with the sponsor's public key and his signature over the signature spec without the sponsor tag as his attestation. This last requirement enables clients to disclose and/or filter sponsored events.

Asset Swaps

This listing is designed for users looking for counterparties to swap different assets that can be transferred using Schnorr signatures, like any unit of Cashu tokens, Bitcoin or other asset IOUs issued using Taproot.

It follows the same format as the generic Swap Listing event, but uses the kind:30457 instead.

It requires the following additional tags:

• "t", asset pair to be swapped (e.g. "btcusd")
• "t", asset being offered (e.g. "btc")
• "t", accepted payment method (e.g. "cashu", "taproot")

Swap Negotiation

From finding an appropriate Swap Listing to publishing a Swap Proposal, there may be some kind of negotiation between the involved parties, e.g. agreeing on the amount to be paid by one of the parties or the exact content of a Nostr event signed by the other party. There are many ways to accomplish that and clients may implement it as they see fit for their specific goals. Some suggestions are:

• Adding kind:1111 Comments to the Swap Listing or an existing Swap Proposal
• Exchanging tentative Swap Proposals back and forth until an agreement is reached
• Simple exchanges of DMs
• Out of band communication (e.g. Signal)

Work to be done

I've been refining this specification as I develop some proof-of-concept clients to experience its flaws and trade-offs in practice. I left the signature spec for Taproot signatures out of the current document as I still have to experiment with it. I will probably find some important orchestration issues related to dealing with 2-of-2 multisig timelocks, which also affects Cashu transactions when spent last, that may require further adjustments to what was presented here.

The main goal of this article is to find other people interested in this concept and willing to provide valuable feedback before a PR is opened in the NIPs repository for broader discussions.

References

• GM Swap- Nostr client for atomically exchanging GM notes. Live demo available here.
• Sig4Sats Script - A Typescript script demonstrating the swap of a Cashu payment for a signed Nostr event.
• Loudr- Nostr client under development for sponsoring the publication of Nostr events. Live demo available at loudr.me.
• Poelstra, A. (2017). Scriptless Scripts. Blockstream Research. https://github.com/BlockstreamResearch/scriptless-scripts

@ 69eea734:4ae31ae6

What to record from the last two weeks? The key points from the things I've read and watched? \ The encounters I had with various groups of people, and also one on one? (on my trip to Munich)\ My thoughts on what is going on in the world?\ It is all connected anyway.

This is my second post. The first was under a different profile, which I lost the private key to.

So close and yet apart

The various encounters: Overlapping 'camps'. School friends, friends from uni times, friends from Covid times. One friend from school, and one friend from uni did not have a Covid vaccine and were critical of measures. To think that this still matters! Can you believe it? But it does! Which is sad on one hand, and makes for strong bonds on the other.

I'm in a pub with three school friends. They discover that they all voted Green, and are delighted. They kind of congratulate each other, and themselves. I don't even know what to feel in that moment. I'm not shocked. It is not surprising. And yet I still find it astounding.

As the evening progresses, we move to a Greek restaurant round the corner. On the way there, I walk alongside the friend with whom I exchanged the most challenging emails of the last five years. There had been long pauses between replies. Once I read only the first two lines, and then 'quarantined' the mail. I once deleted one, and three weeks later asked him to send it again.

In 2023 we sat in a café and openly talked about the Corona period and our differing positions. I appreciated it. At least we could talk. Shortly after, the emphasis in our conversations shifted from Covid to Putin. One arch enemy was replaced by another. And when previously, the 'Covid deniers' were the deplorable ones, now it was the 'Putin understanders', and weren't they the same people anyway? And mentioning peace talks was right wing. It was all so predictable. Was I predictable, too? I'd sent a long email a week ago. But walking alongside each other, we preferred to talk about the kids.

At the Greek restaurant, the inevitable happened. We ended up in a massive discussion. I once was gesticulating wildly at him. "Conspiracy theorist! That is so convenient. Everything that does not fit into your worldview, becomes a conspiracy theory. That there would be a vaccine mandate was once a conspiracy theory. That the virus came from a lab was once a conspiracy theory."

On another occasion, he exclaimed: "You know that I know all that about America! You know exactly that I know all those things!"

We both knew a lot of things, and it went back and forth.

The irony was that we managed to stay respectful, and it was a discussion with the other school friend there (the fourth person on the table was my husband), that turned out to be the last straw. She had voted Green as well, and had congratulated our school mate on having been to the protest 'against the right'. But she was also the one who didn't have the vaccine, and now said, "With Covid, it was just so obvious that it was all set up." A bit later she said something about the WEF. Only to be greeted with a long tirade. "Aha. So you think this is all a big conspiracy with some powerful people in the background planning everything. And this wasn't a pandemic although lots of people died. I know six doctors, and they all told me the same." A bit later, to me: "So why did only the unvaccinated die then?" And then shortly after, when my friend stated again how the whole thing had seemed premeditated, "Right. That's enough now. I'm leaving." And he got up to pay and left.

My friend, who stayed behind, thought we had had interesting discussions and she had learned something. On reflection, it was good to have this discussion at all -- at a time that nobody seems to want to talk about Covid anymore.

But also: Shouldn't we be much much further than this???

My first sats

A few months ago I had tried to buy bitcoin, just to play around, but there had been difficulties to do with the fact I have a UK bank account. When looking at how to get funds into my getalby account, I ended up with Strike, which is available in the UK. But it seems they take extra care to make sure you know what you are letting yourself into! I had to do a test with about 10 questions to show I understand the risks.

I then had to wait 24 hours, but now I have sent my first sats.

On the Strike website, I noticed this video of a conversation between Jack Mallers, founder of Strike, and Jack Dorsey, co-founder of Twitter. The more I watched, the more I thought, wow, here it is all in one video, all that I would like my friend to see. "America has a problem." The Empire needs to end, and it would be a good thing for America, says Jack Dorsey. This was also the second time in a week that I heard about how Great Britain had created money and bought their own bonds when the public didn't want to, in effect stealing from the people by making their money worth less. It was good to be reminded of Adam Curtis who has made some mind-blowing documentaries, using lots of BBC archive material. Including about the special US and UK relationship (An ocean apart), and also one about Russia from 1985 to 1999 (Trauma Zone).

The two Jacks talk about the importance of open source, and of being independent of government. The dangers of building abstraction on abstraction on abstraction. About how Mark Zuckerberg served Dorsey raw goat once, because he had this challenge to only eat what he had killed himself. That was also a way to get back to the real.

Dorsey endorsed RFK jr, this was in summer of 2023, when he was still running for president.

There is also an interesting bit on the pressures of running a company that has gone public. And the government interference, in effect censorship. The Twitter files. It is not quite clear to me, if it was really so difficult for Jack Dorsey to pay attention and know what was going on, but I can understand that it must have been a difficult situation.

What I also find very interesting is that in Africa or Latin America bitcoin is sometimes valuable as an exchange medium. That is where I think it could diverge from the pure Ponzi scheme that people often call it.

And yet, doubts remain. Is bitcoin not too valuable for a lot of people to spend it? But what if you don't have access to any other money. And sending Satoshis around is different from hording bitcoin. Can it fulfil both these functions in the end, storage medium and exchange medium?

I believe that these two people want to achieve something positive. But they also remain tech bros. And I don't mean that in a bad way. It is just something that will always remain a bit alien to me.

I did like what Dorsey said about the punks. How they just started to play an instrument, and didn't care if they were not good at it. Then just turned up again and again and eventually got better. I have often thought of myself as a bit punk-like in that respect, although I've often been worried about not being good enough.

Doing away with domination

The last blog article posted on a website I work on, made me explore the writings by Darren Allen on his Expressive Egg substack. I had landed there before, years ago, and had been very impressed back then. He seems to criticise people's thoughts a lot though -- almost everybody's -- and I was wondering if that was all he ever did. But then I came across this article about anarchy. It made me realise again, in all this mess about different worldviews, different expectations and values, that this is a constant for me: How can we have less coercion, how can we live in a way that frees ourselves and others at the same time. I once saw a Twitter bio: "I insist on your freedom." It seems to come from Jack Kerouac.

Allen writes that there are seven dominants, seven elements that "control individuals against their will". They are, " in roughly ascending order of subtlety and pervasiveness":

1. The [autocratic] monarchy.\ 2. The [socialist-democratic] state (which includes its money, law, property, police, etc.).\ 3. The [totalitarian-capitalist] corporation.\ 4. The [mass] majority.\ 5. The [professional-religious] institution.\ 6. The [technocratic] system.\ 7. The [mental-emotional] ego.

I want to keep this list in mind and pay attention when I get sucked into the influence of one of these spheres.

\ I also like this quote:

The reason men and women do not need kings, princes, states, professionals, institutions and systems to rule over them is because the life within them is more intelligent, more apt, more sensitive, more forgiving and more creative than anything else—certainly any human authority. But this life cannot be rationally fixed. It can be expressed, artistically, indirectly, poetically, musically, or with tone and glance and such ordinary, metaphorical arts of human interaction; but it cannot be literally stated. 

\ Although this would be a good ending for this post, I have to mention Jeffrey Sachs as well. I have been following him for a while. He appeared in the EU parliament, invited by Michael von der Schulenburg. Sachs has an amazing amount of experience with both Russian and American government officials, and with currencies. In the 90s he spent some time helping Eastern European countries with the transition to capitalist systems. He realised that the U.S. did not want to help Russia in the same way.

He gave a long speech in which he laid bare the ways in which the U.S. had influenced so many wars and uprisings around the world, and how the NATO enlargement had been a long-term strategy. That now, with Trump, the war was going to end.

There would be so much more to say. In any case, this seems to me a historic speech. Can it break through the mirror glass that has kept so many people away from valid sources of knowledge?

@ 69eea734:4ae31ae6

Deutsche Version\ \ Recently, I was on Zoom with someone who has been involved in sustainable living for decades and has built a community around it. "I find it easier to talk to people on the right. They're more open." And then something like: "If you say something to the left that doesn't fit in with their concept, they immediately reject it reflexively."

This is someone who comes from a working-class town, sees too much power in the big corporations and is also sceptical about the state. Things that I would classify as traditionally left-wing.

Even though it often seems that this categorisation no longer makes sense, we still use the terms left and right - mainly along traditional party lines. In Germany, SPD, Greens and the Left (the BSW has been deemed not to fit in). In the UK, Labour. In the USA, the Democrats.

Why does the assessment I mentioned at the beginning ring so true to me? I want to get to the bottom of the difficulties I have with the group I once felt I belonged to one hundred per cent.

On the side of the good guys

There always seems to be a clear path. There is only one reasonable view. This reflects a simple, to-the-point truth. "If a country is attacked, it must be allowed to defend itself." That is incontestable. Just like "every person who dies because of Covid is one too many."

Additional, potentially relevant information is no longer of interest from that point onwards. The question of "How can this conflict be ended as quickly as possible?" hardly comes up at all. The roles are clear. The aggressor represents absolute evil, is solely to blame and is either mad or driven by imperial desires, probably both.

If it was all so clear, one wonders why people who simply wanted to give more context to what was happening - wouldn't it be good to know more context to a conflict in order to deal with it better? - were deprived of any platform. (1) They were also labelled in a way that justified simply not listening to them if a video did get through to someone. If everything was so clear, why not deal with the arguments on a factual base?

Even if you reached the conclusion that weapons should be supplied to Ukraine on a long-term basis - isn't it still worth knowing that there were already peace negotiations in Istanbul in March 2022, which were at a very advanced state, when Zelensky was advised by the UK and the USA to continue fighting ("We will support you")?

What perplexes me the most is how carelessly the war is being handled. How quickly we have landed on the side that is most likely to mean a long war and maximum profit for the arms industry. (2) "Putin started it and is solely to blame, and now we have to fight him to the max" trumps the possibility of even thinking about diplomatic channels.

Would this have been the case 20 years ago? Or 40? At school we sang ‘Where have all the flowers gone?’ many times, and it always touched me. On the radio you could hear Bruce Springsteen singing War, and Paul Hardcastle's Nineteen. All that seems forgotten now.

And even if it was Putin's long-cherished plan to invade Ukraine and take over parts of it: Why then was he so readily given an excuse? Why give him something that, if it can never be a real justification, can be interpreted as such by him? (3) In other words: If you look at recent history, this war appears to have been absolutely avoidable had the US behaved differently.

Instead, they supported Ukraine in defending "our values’" and saw "Western democracies" under threat. With Trump's inauguration, we can now see just how far American democracy has sunk.

The progressive-liberal world is now in an uproar. And easily overlooks the fact that under the Democrats, especially Obama, the foundations were laid for far-reaching censorship and manipulation of public opinion. Their effects were clearly visible to anyone who disagreed with the coronavirus regime, even those of us across the pond.

---

Why I don't feel comfortable: Because I have the feeling that, out of a need to be moral and good, people have gone down a wrong track a second time, again with disastrous consequences. Or rather, they didn't want to see their error of judgement the first time round, and continue in a similar way. Both times with a war logic which aims to crush an enemy, while neglecting enormous ‘collateral’ damage that follows on from it.

The Democrats as a reactive force

The article I started has been sitting here for a while, and there are so many ways to continue it. - My original plan covered so many topics that I will need to split it up into more texts.

Also, a number of further outrageous events have happened meanwhile. The Trump administration is now really taking on fascist overtones, with the internment of a leader of pro-Palestinian student protests, Mahmoud Khalil, and the deportation of over 200 alleged Venezuelan gang members to a security prison in El Salvador. The whole thing seems like a huge spectacle, with videos accompanied by music, reminiscent of advertising films. Something is being demonstrated here. Simply power? Malice, spite? The rule of law, which has not really worked for a long time, is thoroughly being undermined.

Every now and then a podcast comes along that amazes and impresses me, because it breaks the usual categorisations and at the same time expresses many truths.

Link to the podcast: https://jaredyatessexton.substack.com/p/we-are-in-the-crisis-a-conversation

Here's a woman, Danielle Moodie, who founded a radio station called Woke AF during Trump's first term, in conversation with author Jared Sexton, who writes a sub-stack called Notes from a collapsing state in addition to books. They address the events mentioned above, and remind us of Martin Niemöller's "Als die Nazis die Kommunisten holten..." (When the Nazis came for the Communists...) because of the lack of opposition.

Large sections, especially in the second half, are a merciless reckoning with the Democrats. According to the two, they are more concerned with keeping the stock market afloat than doing anything for disadvantaged citizens. The alleged support for minorities (floats at the Pride Parade, kneeling, etc.) was always just window dressing.

Moodie once exclaims that what happens again and again is this: "Democrats don't lose the plot, they don't even know where the fuck it is. ’ And Sexton once remarks that the opposition is more of a counterweight designed to keep things going the way they are. "The Democratic Party has become reactive and conservative and has no actual vision for solving any of the problems."

They touch on a few other things: That it's necessary to act in a decentralised way, and that you should start things even if you won't see the results of your actions yourself. And a few other things.

Not only from this podcast, but from many others, and from articles, it becomes clear that the Democrats - like the ‘left’ in many other countries - have their supporters mainly in the middle class, the "professioal-managerial class", and are -- perhaps often unconsciously -- more concerned with maintaining the status they have achieved than really caring about social issues.

In bed with the Russians

Another interesting publication I came across recently, is by a Russian couple who emigrated to America: Nefarious Russians. The podcast that goes along with it, is called In Bed with the Russians. It's very much about the cultural side of things, but not only.

What I found very interesting is the assessment of Evgenia, who grew up in Russia in the 90s. In short, that the country, or at least Moscow, was colonised by American culture. Her friends eventually made a good career for themselves and she was initially delighted with how everything developed. However, her friends themselves apparently didn't see it that way, but always looked longingly towards America, which they imagined to be much better. At some point, Evgenia realised that Russian culture had actually become a poor copy of American culture. - This is an abridged version and I hope not too distorted.

On Putin: The idea that he wants to recreate the Soviet Union is fundamentally wrong. He and his leadership team would much rather recreate the pre-revolutionary Russia.

I haven't found anything on whether NATO's eastward expansion played a role in the invasion of Ukraine. But the authors are definitely neither Trump nor Putin fans.

There's also interesting stories of ‘weaponised immigrants’, i.e. former Soviet citizens who were then immediately used for propaganda purposes against their old homeland.

Since I am writing about native Russians, I would also like to mention Tessa Lena, who for me was one of the most important authors in the Covid era, and who already in April 2020 saw through the technocracy that came with it. I am very grateful to her.

I wrote about the conflict with Russia because it is currently topical and gives rise to war propaganda. I have not found any justification for the fact that Russia is supposed to be on Germany's doorstep

My conclusion on the former left: It's a force that has forgotten its former ideals, indulges in declarations of solidarity and is otherwise more concerned with maintaining the status quo than wringing concessions from the state. It pushes for climate protection, but makes an exception for one of the biggest CO2 emitters, the military, which is not even discussed.

Perhaps it really is outdated to think in these categories. In any case, I no longer feel that I belong to any one direction.

The key is to find allies, regardless of which direction they come from. Building support structures outside of politics. The Commons is a good idea, and I want to write more about it in the future. For this time, I've landed on global politics, which ultimately it does influence what is happening locally. As always, it is important to keep the right balance.

---

(1): In Germany, one of the main figures treated like that is Gabriele Krone-Schmalz, who has given several well-founded presentations

(2): Antje Vollmer, Green politician and vice president of the German parliament, shortly before her death wrote impressively about rearmament and the transformation of the Greens into a party of war:: https://epaper.berliner-zeitung.de/article/ea77236b6b434f4d5fc01cace486274626d2c168ae5896b667f2d021d2ced5ce

(3): The comments on this article show how it is possible to have an open and respectful discussion. People from the Balkan states have their say here, who oppose the narrative that the revolutions in the former Soviet republics were always controlled by the USA. https://iainmcgilchrist.substack.com/p/laughter-in-heaven

This article was written with the Pareto-Client.

@ 42342239:1d80db24

Last fall, Italian economist Mario Draghi, former head of the European Central Bank (ECB), published his 400-page report on Europe's (actually the EU's) competitiveness. Draghi's verdict was harsh: Europe is facing an "existential challenge." It's hard to disagree. While the EU is launching new regulations on plastic corks and hiding text messages from the public, Elon Musk is changing the world with groundbreaking innovations in the automotive, robotics, and space industries.

At the same time that the EU is not only preventing people from trying new things but also preventing them from even thinking about trying, Musk's space company SpaceX is capturing massive star rockets with "chopstick grips". While the EU is stuck in an ocean of meaningless bureaucratic details, Musk is engaged in a process of constant testing and improvement, reminiscent of the natural course of decentralized systems.

The EU's meager economic growth can be compared to a ticking time bomb that threatens to explode in all of our faces. Disposable incomes have increased nearly twice as much in the US compared to the EU since 2000, and this is a difference that is noticeable not only in our standard of living but also in our opportunities for leisure time. As the late economist Robert Lucas said, "Once you start thinking about growth, it's hard to think about anything else." Perhaps the best thing that can be said about the report is that its abundance of words, numbers, and images underscores how bad things are. And perhaps it has therefore become impossible for the EU's leaders to continue ignoring the union's problems.

Like giving a shark responsibility for beach safety

However, asking a former EU president to investigate and propose changes is like giving a shark responsibility for beach safety. Among other things, he proposes larger allocations for research and development, even though the EU already spends more than the US as a percentage of GDP - it's thus impossible for this to be the problem. It comes as no surprise that the proposals are about more centralization, harmonization, and streamlining - i.e., continuing in the same old tracks. While Musk seems to have an intuitive understanding of how knowledge arises through real-world experiments , what is proposed here is more of the administrative bureaucracy's preconceived five-year plans. The bureaucracy is to be given free rein, and the nations are to be pushed back - a repeat of a theme we know all too well. Centralization undermines real knowledge growth, which may explain why the EU is falling behind.

A venomous snake that is ignored

Rent-seeking is like a venomous snake that slithers through the EU's corridors, but the concept is conspicuous by its absence in Draghi's report. It is a well-known phenomenon where companies spend resources on influencing decision-makers to gain advantages instead of creating value. The EU bureaucracy has produced a total of 13,000 legislative acts since 2019 - more than four times as many as the US. How many of these have received an invisible stamp of approval from lobbyists? Economist Jeffrey Sachs has warned that American lobbying in Brussels is so dominant that it affects all decision-making in the digital economy, which may be one of the EU's biggest problems. GDPR regulations, for example, are estimated to have reduced small tech companies' profits by 15% (!).

Size is not everything

Small businesses are the invisible heroes that contribute most to productivity and employment growth. These are being suffocated by the ECB's actions and the constantly increasing and inefficient regulatory mess. The ECB's war on small banks hampers growth for small businesses because large banks prioritize large transactions. Big computers' algorithms cannot replace small banks' local knowledge. Harmful regulations and grandiose dreams lead to a loss of both knowledge and growth.

What should the end goal be?

Sweden's daily Dagens Industri's editorial page recently wrote that "Defeat is not an option" on the theme of green transition. It asked whether "free democracies or a Chinese dictatorship should lead the way." Large-scale industrial projects and plans can undoubtedly provide benefits. But it's worth questioning whether Europe should really have the same end goal as China.

During both the Renaissance and the Industrial Revolution, decentralized power structures played a crucial role. During the Renaissance, states and cities were relatively independent. Power was decentralized to princes, nobles, and merchants. The Church had an important role, but it was not as centralized as it would become. Florence, Venice, and Amsterdam could develop different scientific and artistic traditions. When one region encountered problems, other regions could continue to develop and grow, and so on. At that time - even if the concept did not exist - it seemed to be understood that the economy is a complex system of the second order. Or a computationally irreducible one, as Stephen Wolfram would have expressed it.

In the book "The Art of War," Chinese General Sun Tzu wrote that "He who chooses the battlefield first will win. He who lets his opponent choose the battlefield will lose." Instead of striving to play on China's (alleged) centralized battlefield, perhaps we Europeans should consider returning to our roots. Do away with the bureaucracy's heavy foot and give power back to the individual! Scrap the monster banks and create conditions for small local banks instead. Stop subsidizing American IT giants' data centers and give every European an AI in their own hand. Forget the five-year plans and invest in decentralized economic experiments instead. Does that sound radical?

The word "radical" comes from the Latin word for root, radix . The word used to have a positive connotation because it implied a willingness to go to the root of the problem or to return to one's roots.

More of us should dare to question the modern structures that brought us to today's sad situation. Roots are a plant's strength - without them, it cannot grow and flourish. So it is with Europe. Our continent, which was once a thriving garden where ideas and innovations bloomed, needs to return to its roots to regain its former strength. This may be exactly what is required.

Put simply: a more radical Europe.

@ 14206a66:689725cf

This article is a repost, migrating from Substack

Uncertainty is the only constant

It goes without saying that uncertainty is a given in business. It could be the weather, pestilence, or some other physical phenomenon that brings different conditions for your business (good or bad). Or it could be uncertainty in the behaviour of consumers, suppliers, workers, or any other person critical to your success. Most of the time, we just don’t know what will happen next.

One of the most important skills in managing a business, then, is making predictions in the face of uncertainty. We have several tools to do so. The first covers methods from the physical sciences, and involves calculating the frequency of events. We need to unpick a concept at the root of uncertainty, probability.

Thanks for reading Department of Praxeology! Subscribe for free to receive new posts and support my work.

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Types of probability

In Human Action, Ludwig von Mises introduces us to two classifications of probability: case and class probability.

Case probability

Case probability is when we know something about some of the factors which determine the outcome, but not others.

This is the kind of probability most often encountered in business. We often know small key parts about several factors that lead to a particular outcome, we might see that oil prices have risen significantly, coupled with a decrease in the exchange rate. These factors help to lead to the outcome of a rising price of fertiliser. But then, there are other factors that lead to this outcome, such as a myriad of decisions by businesspeople all along the supply chain. These, we know absolutely nothing about!

Class probability

Class probability is when we know everything about the particular kind (or class) of event, but we don’t know anything at all about the specific event.

We do encounter class probability in business. But it happens at very specific times (as opposed to just all the time, as with case probability).

Myrtle rust, picture courtesy of NZ Department of Conservation

For example (and sticking to agriculture) we know nothing about an outbreak of Myrtle rust on our farm. But we know, from agricultural science, that the likelihood of an outbreak in our area for a given year is about 13 percent.

So how can we make predictions of these events?

Making predictions

For the latter (class probabilities, like losses caused by Myrtle rust) we can always rely on methods from the physical sciences to calculate frequencies. Then, we know that the physical world has certain constants, so we can say that given a set of conditions (like rainfall) the likelihood of losses from Myrtle rust in future is about 12 percent.

Thinking about the former (case probabilities such as changing consumer preferences, or changes in prices). In these situations we are dealing with the realm of human decisions. So while we can count the number of these events, we cannot use these counts for prediction. The reason is that, in the realm of human decisions, there are no constants. We can’t say that given the world of 2023 prices rose five times, therefore in the world of 2027 prices will rise five times. Even if physical conditions are the same, human decisions will not be.

Luckily, economic science does give us an answer. In dealing with case probabilities we should use our method of understanding (which I wrote about here).

Using this in your business

You can incorporate this knowledge into your business by critically analysing each event for which you need to make a prediction. Is the event dealing with the physical world, for which there are constants? Or is it the realm of human decisions, for which there are no constants? It most likely is a mix of these.

Work backwards and jot down the more granular events which compose the event in question. Then try again to fit each of these into case or class probability.

When each event is broken down into only one category you know which methods of prediction to apply to each event.

For case probabilities, engage a specialist in the area. For class probabilities, engage your own expertise in understanding, and consider hiring an economist to augment your analysis.

@ 14206a66:689725cf

This article is a repost, migrating from Substack

Introduction

Released in November 2020 by fiatjaf, Nostr is an open, decentralised, censorship-resistant messaging protocol. The protocol is well designed, and many authors have written extensively about the mechanics and use-cases. For the purposes of this article, I will narrow the focus to Nostr as a tool to enable the creation of platform markets. My aim is to give the reader an introduction to platform market pricing and provide concrete steps to price their platform strategically.

What is a Platform Market?

A platform market consists of multiple groups of users who want to interact but can’t do so directly. The platform brings them together to enable interaction, benefiting all users and the platform itself by enabling these interactions and pricing appropriately. Although platform markets have been around forever, the last decade has seen an explosion in their number due to the ubiquity of the internet.

Examples:

·         Google

·         YouTube

·         TV

·         Facebook

·         Twitter (X)

Platform markets have historically earned significant revenue if they design their pricing correctly. This is because platform markets don’t need to produce goods themselves; rather, one or more “sides” of the platform produce goods and services for the other side, with the platform merely enabling the exchange. TikTok is a prime example: it produces nothing except a video hosting service, with users generating all the content for other users. Effectively, the platform has only fixed costs and very low marginal costs.

Therefore, platform markets are far more scalable than traditional one-sided markets, as their primary concern is to attract as many users as possible (who have no marginal cost to the platform). Additionally, platforms often enjoy a captive audience, making it difficult for competitors to entice away users once they are established. This is particularly evident in software and payment platforms.

How Does Nostr Enable the Creation of Platform Markets?

·         Open Protocol: Like the internet, Nostr is an open protocol.

·         Inbuilt Payment Systems: Nostr integrates payment systems such as Bitcoin’s Lightning Network.

·         Existing User Base: It already has a growing user base.

·         Decentralisation: This feature acts as a moat against competitors.

Types of platform enabled by Nostr

As of 2024 we are seeing multiple types of platforms that Nostr has enabled. The first is Nostr relays. A Nostr relay is a simple server that receives and broadcasts user notes (messages) in the Nostr protocol. Users can publish and fetch notes across multiple relays. Nostr relays can be configured by their operator to curate content on specific topics or people. Alternatively, they can be configured with an algorithm as experienced by users of contemporary social media. These can be valuable for users. And potentially, paid relays are a viable business opportunity.

The second platform Nostr enables is the Nostr client. Nostr clients are analogous to internet browser software. Historically, we have seen users be charged to install an internet browser, though this is unlikely to emerge in the market for Nostr clients. As a platform, a Nostr client might be bundled with a relay service (with curation or algorithm).

The third type of platform is Nostr apps. Each app can be designed as a platform if that is valuable for users. We are already seeing Nostr-based alternatives for music and video streaming, looking to compete with apps like YouTube.

We can’t know what the future will hold but the possibilities for designing platforms with Nostr are many. The advantage in designing a platform is that you can create a two sided market.

What is a Two-Sided Market?

All two-sided markets are platform markets, but not all platform markets are two-sided markets. The critical aspect of a two-sided market is that the volume of interactions on the platform depends on both the relative prices charged to each side and the total price charged. This is the case when both sides value more users on the other side, known in literature as an “indirect network externality.”

An example of a one-sided platform market is a clothes retailer, where the volume of sales depends only on the total price, not the relative prices charged to buyers and producers. Conversely, YouTube is a two-sided market where both creators and watchers benefit from more users. Watchers benefit from more variety and quality, while creators benefit from more users and views. YouTube introduces a special category of creators, the advertisers, who benefit monetarily from views because consumers viewing their content are likely to purchase their goods.

The prices paid by YouTube users are not all monetary:

·         Watchers are charged an inconvenience fee in the form of advertisements.

·         Advertisers are charged a monetary fee.

·         Creators are not charged any fees.

Let’s assume the total fees for YouTube add up to $100. Say advertisers are charged $90, watchers face an inconvenience worth $10, and creators still enjoy $0 costs. In this scenario, the total volume of videos watched might be some number like 100,000.

Assume we change the price structure to advertisers being charged $80, watchers paying an inconvenience worth $10, and creators being charged $10 (keeping the total fees at $100). In this new scenario, the likely outcome is that the marginal creator will no longer create videos, and thus, the total volume of videos watched will fall.

Two-Sided Markets that Allow Money Exchange

The key to understanding Nostr’s value lies in its inbuilt payment mechanism—Bitcoin’s Lightning Network protocol. Although this protocol is not part of the Nostr codebase, the existing Nostr clients incorporate it to allow users to pay each other bitcoin with a simple user interface. This means that Nostr as a protocol is ideal for creating platforms where users can exchange monetary value. The mechanics and design choices of the Lightning network further augment Nostr’s value proposition more so than traditional payment systems like credit cards, PayPal, etc.

Key Problem: Chicken and Egg

So far, we have established that platform markets enable at least two groups of users to come together and exchange. The primary problem is that both groups will only use the platform if the other group is already using it, creating a classic chicken and egg scenario. Platforms operate by bringing groups of users together, making users reticent to switch to a new platform because they don’t know if the other users will be there. This gives existing platforms enormous power.

Guy Swann sums this up well in this Nostr note: note1695j0czewtkfwy7h4ne7k2ug706uwc7lendsq50prsfp8vwq8nfszdx4z7.

Competing with Existing Platforms: Divide and Conquer!

To compete with existing platforms, you need to divide and conquer. The original formulation for this strategy is given in both Caillaud and Jullien (2003) and Armstrong (2006). To take advantage of the indirect network externalities identified earlier, the divide and conquer strategy involves subsidising one side of the market to attract a large user base (the "divide" part) and then monetising the other side of the market (the "conquer" part).

Divide: Attract one side of the market by offering lower prices or subsidies. For example, offer free registration to one side. This subsidy is essential to kickstart the network effects, as a larger user base on one side increases the platform’s attractiveness to the other side. This was observed in the early days of YouTube, which was free for both creators and watchers.

Conquer: Once a substantial user base is established on the subsidised side, charge higher fees on the other side of the market. This can be seen in contemporary YouTube, where advertisers (a specific kind of creator) pay fees, and watchers deal with the inconvenience of watching ads (inconvenience is a non-price fee).

Implementing This Strategy in Your Platform:

So who are are you dividing, who are you conquering? Deciding which side to subsidise involves understanding which side offers more benefit to the other side. For example, in nightclubs (Wright, 2004), men and women go to interact. Men are assumed to gain more from each woman’s presence than vice versa, so nightclubs often subsidise women with free entry or drinks to attract men.

First, consider all your user groups. What brings them to your platform, what do they want to gain by interacting with the other user groups.

Think about, and identify, which group confers more value for the other group by being on the platform.

Then, think about how you can subsidise that user group. Free access is common. But Nostr allows seamless payment integration which encourages users to exchange money. A potential model for your platform could be that you charge a fee to both users based on how much value they send to each other. One way to subsidise users in this case is to reduce those fees.

Alternatively, you could pay users to join your platform using Nostr’s integration with the Lightning Network.

References:

·         Armstrong, M. (2006). Competition in two-sided markets. The RAND Journal of Economics, 37(3), 668-691.

·         Caillaud, B., & Jullien, B. (2003). Chicken & Egg: Competition among Intermediation Service Providers. The RAND Journal of Economics, 34(2), 309-328.

·         Wright, J. (2004). One-sided logic in two-sided markets. Review of Network Economics, 3(1).

@ 1739d937:3e3136ef

MLS over Nostr - 30th April 2025

YO! Exciting stuff in this update so no intro, let's get straight into it.

🚢 Libraries Released

I've created 4 new Rust crates to make implementing NIP-EE (MLS) messaging easy for other projects. These are now part of the rust-nostr project (thanks nostr:npub1drvpzev3syqt0kjrls50050uzf25gehpz9vgdw08hvex7e0vgfeq0eseet) but aren't quite released to crates.io yet. They will be included in the next release of that library. My hope is that these libraries will give nostr developers a simple, safe, and specification-compliant way to work with MLS messaging in their applications.

Here's a quick overview of each:

nostr_mls_storage

One of the challenges of using MLS messaging is that clients have to store quite a lot of state about groups, keys, and messages. Initially, I implemented all of this in White Noise but knew that eventually this would need to be done in a more generalized way.

This crate defines traits and types that are used by the storage implementation crates and sets those up to wrap the OpenMLS storage layer. Now, instead of apps having to implement storage for both OpenMLS and Nostr, you simply pick your storage backend and go from there.

Importantly, because these are generic traits, it allows for the creation of any number of storage implementations for different backend storage providers; postgres, lmdb, nostrdb, etc. To start I've created two implementations; detailed below.

nostr_mls_memory_storage

This is a simple implementation of the nostr_mls_storage traits that uses an in-memory store (that doesn't persist anything to disc). This is principally for testing.

nostr_mls_sqlite_storage

This is a production ready implementation of the nostr_mls_storage traits that uses a persistent local sqlite database to store all data.

nostr_mls

This is the main library that app developers will interact with. Once you've chose a backend and instantiated an instance of NostrMls you can then interact with a simple set of methods to create key packages, create groups, send messages, process welcomes and messages, and more.

If you want to see a complete example of what the interface looks like check out mls_memory.rs.

I'll continue to add to this library over time as I implement more of the MLS protocol features.

🚧 White Noise Refactor

As a result of these new libraries, I was able to remove a huge amount of code from White Noise and refactor large parts of the app to make the codebase easier to understand and maintain. Because of this large refactor and the changes in the underlying storage layer, if you've installed White Noise before you'll need to delete it from your device before you trying to install again.

🖼️ Encrypted Media with Blossom

Let's be honest: Group chat would be basically useless if you couldn't share memes and gifs. Well, now you can in White Noise. Media in groups is encrypted using an MLS secret and uploaded to Blossom with a one-time use keypair. This gives groups a way to have rich conversations with images and documents and anything else while also maintaining the privacy and security of the conversation.

This is still in a rough state but rendering improvements are coming next.

📱 Damn Mobile

The app is still in a semi-broken state on Android and fully broken state on iOS. Now that I have the libraries released and the White Noise core code refactored, I'm focused 100% on fixing these issues. My goal is to have a beta version live on Zapstore in a few weeks.

🧑‍💻 Join Us

I'm looking for mobile developers on both Android and iOS to join the team and help us build the best possible apps for these platforms. I have grant funding available for the right people. Come and help us build secure, permissionless, censorship-resistant messaging. I can think of few projects that deserve your attention more than securing freedom of speech and freedom of association for the entire world. If you're interested or know someone who might be, please reach out to me directly.

🙏 Thanks to the People

Last but not least: A HUGE thank you to all the folks that have been helping make this project happen. You can check out the people that are directly working on the apps on Following._ (and follow them). There are also a lot of people behind the scenes that have helped in myriad ways to get us this far. Thank you thank you thank you.

🔗 Links

Libraries

• nostr_mls
• nostr_mls_storage
• nostr_mls_memory_storage
• nostr_mls_sqlite_storage

White Noise

• White Noise Repo
• White Noise Releases

Other

• Previous updates

@ 42342239:1d80db24

With the rapid development of artificial intelligence (AI), we face a future where we may soon have access to almost everything we desire – at least in the digital realm. But unfortunately, what we wish for doesn’t always align with what we truly need, or what would benefit us.

The Dutch ethologist Niko Tinbergen was awarded the Nobel Prize in Physiology or Medicine in 1973 for his studies of animal behaviour patterns. While earlier scientists had primarily focused on learning as the main explanation for animal behaviour, Tinbergen instead emphasised instincts.

Tinbergen studied, among other things, what makes newly hatched bird chicks beg for food from their parents. This was investigated by presenting parentless chicks with various painted beak models to see which ones they would seek food from. Several objects proved more popular than real gull beaks.

Artificial eggs were also created and placed in bird nests. Black-headed gulls that received wooden eggs before laying their own were found to actually refrain from laying real eggs. Fake eggs were painted in different colours and patterns, and made in various sizes. The gulls always preferred trying to incubate eggs of absurd sizes – for example eggs with eight times the volume of real ones. The poor gulls made desperate attempts to sit on these giant eggs – but often slid off.

The explanation for the gulls’ self-destructive behaviour was that they had a hardwired ability (instinct) to respond to specific stimuli (appearance of beaks and eggs with particular colours/sizes). Researchers exaggerated these stimuli, creating stronger but ultimately misguided reactions. The concept of "superstimuli" was hatched. Nothing in the gulls’ evolution had prepared them for these experiments, explaining their self-destructive behaviors.

Psychologist Deirdre Barrett has translated this concept to a human context. She argues that superstimuli govern human behaviours much like they do other animals’, citing junk food consumption, addictive social media use, and pornography consumption as examples. Nothing in Homo sapiens’ evolution prepared us for modern society’s stimuli, which might explain our frequently self-destructive behaviours.

When the Liberal Party (Swedish political party Liberalerna) proposes mandatory porn filters on all mobile phones "to protect children and youth," it might appear they’re on the right track. However, these issues deserve more profound discussions.

How do we create technical solutions that meet our fundamental needs for health, education, and human connection – rather than just supplying mindless scrolling entertainment? How can we ensure those collecting our data don’t exploit it for their own interests, selling us things we don’t need? Is the current model of centralisation, corporate giants, and profit maximisation really compatible with our best interests?

In summary: How can we ensure future technology serves our real needs, rather than mislead us - much like Niko Tinbergen deceived the poor gulls?

@ 4523be58:ba1facd0

NIP-117

The Double Ratchet Algorithm

The Double Ratchet is a key rotation algorithm for secure private messaging.

It allows us to 1) communicate on Nostr without revealing metadata (who you are communicating with and when), and 2) keep your message history and future messages safe even if your main Nostr key is compromised.

Additionally, it enables disappearing messages that become undecryptable when past message decryption keys are discarded after use.

See also: NIP-118: Nostr Double Ratchet Invites

Overview

"Double ratchet" means we use 2 "ratchets": cryptographic functions that can be rotated forward, but not backward: current keys can be used to derive next keys, but not the other way around.

Ratchet 1 uses Diffie-Hellman (DH) shared secrets and is rotated each time the other participant acknowledges a new key we have sent along with a previous message.

Ratchet 2 generates encryption keys for each message. It rotates after every message, using the previous message's key as input (and the Ratchet 1 key when it rotates). This process ensures forward secrecy for consecutive messages from the same sender in between Ratchet 1 rotations.

Nostr implementation

We implement the Double Ratchet Algorithm on Nostr similarly to Signal's Double Ratchet with header encryption, but encrypting the message headers with NIP-44 conversation keys instead of symmetric header keys.

Ratchet 1 keys are standard Nostr keys. In addition to encryption, they are also used for publishing and subscribing to messages on Nostr. As they are rotated and not linked to public Nostr identities, metadata privacy is preserved.

Nostr event format

Message

Outer event

typescript { kind: 1060, content: encryptedInnerEvent, tags: [["header", encryptedHeader]], pubkey: ratchetPublicKey, created_at, id, sig }

We subscribe to Double Ratchet events based on author public keys which are ephemeral — not used for other purposes than the Double Ratchet session. We use the regular event kind 1060 to differentiate it from other DM kinds, retrieval of which may be restricted by relays.

The encrypted header contains our next nostr public key, our previous sending chain length and the current message number.

Inner event

Inner events must be NIP-59 Rumors (unsigned Nostr events) allowing plausible deniability.

With established Nostr event kinds, clients can implement all kinds of features, such as replies, reactions, and encrypted file sharing in private messages.

Direct message and encrypted file messages are defined in NIP-17.

Algorithm

Signal's Double Ratchet with header encryption document is a comprehensive description and explanation of the algorithm.

In this NIP, the algorithm is only described in code, in order to highlight differences to the Signal implementation.

External functions

We use the following Nostr functions (NIP-01):

• generateSecretKey() for creating Nostr private keys
• finalizeEvent(partialEvent, secretKey) for creating valid Nostr events with pubkey, id and signature

We use NIP-44 functions for encryption:

• nip44.encrypt
• nip44.decrypt
• nip44.getConversationKey

NIP-59:

• createRumor

Key derivation function:

```typescript export function kdf( input1: Uint8Array, input2: Uint8Array = new Uint8Array(32), numOutputs: number = 1 ): Uint8Array[] { const prk = hkdf_extract(sha256, input1, input2);

const outputs: Uint8Array[] = []; for (let i = 1; i <= numOutputs; i++) { outputs.push(hkdf_expand(sha256, prk, new Uint8Array([i]), 32)); } return outputs; } ```

Session state

With this information you can start or continue a Double Ratchet session. Save it locally after each sent and received message.

```typescript interface SessionState { theirCurrentNostrPublicKey?: string; theirNextNostrPublicKey: string;

ourCurrentNostrKey?: KeyPair; ourNextNostrKey: KeyPair;

rootKey: Uint8Array; receivingChainKey?: Uint8Array; sendingChainKey?: Uint8Array;

sendingChainMessageNumber: number; receivingChainMessageNumber: number; previousSendingChainMessageCount: number;

// Cache of message & header keys for handling out-of-order messages // Indexed by Nostr public key, which you can use to resubscribe to unreceived messages skippedKeys: { [pubKey: string]: { headerKeys: Uint8Array[]; messageKeys: { [msgIndex: number]: Uint8Array }; }; }; } ```

Initialization

Alice is the chat initiator and Bob is the recipient. Ephemeral keys were exchanged earlier.

```typescript static initAlice( theirEphemeralPublicKey: string, ourEphemeralNostrKey: KeyPair, sharedSecret: Uint8Array ) { // Generate ephemeral key for the next ratchet step const ourNextNostrKey = generateSecretKey();

// Use ephemeral ECDH to derive rootKey and sendingChainKey const [rootKey, sendingChainKey] = kdf( sharedSecret, nip44.getConversationKey(ourEphemeralNostrKey.private, theirEphemeralPublicKey), 2 );

return { rootKey, theirNextNostrPublicKey: theirEphemeralPublicKey, ourCurrentNostrKey: ourEphemeralNostrKey, ourNextNostrKey, receivingChainKey: undefined, sendingChainKey, sendingChainMessageNumber: 0, receivingChainMessageNumber: 0, previousSendingChainMessageCount: 0, skippedKeys: {}, }; }

static initBob( theirEphemeralPublicKey: string, ourEphemeralNostrKey: KeyPair, sharedSecret: Uint8Array ) { return { rootKey: sharedSecret, theirNextNostrPublicKey: theirEphemeralPublicKey, // Bob has no ‘current’ key at init time — Alice will send to next and trigger a ratchet step ourCurrentNostrKey: undefined, ourNextNostrKey: ourEphemeralNostrKey, receivingChainKey: undefined, sendingChainKey: undefined, sendingChainMessageNumber: 0, receivingChainMessageNumber: 0, previousSendingChainMessageCount: 0, skippedKeys: {}, }; }

```

Sending messages

```typescript sendEvent(event: Partial) { const innerEvent = nip59.createRumor(event) const [header, encryptedData] = this.ratchetEncrypt(JSON.stringify(innerEvent));

const conversationKey = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, this.state.theirNextNostrPublicKey); const encryptedHeader = nip44.encrypt(JSON.stringify(header), conversationKey);

const outerEvent = finalizeEvent({ content: encryptedData, kind: MESSAGE_EVENT_KIND, tags: [["header", encryptedHeader]], created_at: Math.floor(now / 1000) }, this.state.ourCurrentNostrKey.privateKey);

// Publish outerEvent on Nostr, store inner locally if needed return {outerEvent, innerEvent}; }

ratchetEncrypt(plaintext: string): [Header, string] { // Rotate sending chain key const [newSendingChainKey, messageKey] = kdf(this.state.sendingChainKey!, new Uint8Array([1]), 2); this.state.sendingChainKey = newSendingChainKey; const header: Header = { number: this.state.sendingChainMessageNumber++, nextPublicKey: this.state.ourNextNostrKey.publicKey, previousChainLength: this.state.previousSendingChainMessageCount }; return [header, nip44.encrypt(plaintext, messageKey)]; } ```

Receiving messages

```typescript handleNostrEvent(e: NostrEvent) { const [header, shouldRatchet, isSkipped] = this.decryptHeader(e);

if (!isSkipped) { if (this.state.theirNextNostrPublicKey !== header.nextPublicKey) { // Received a new key from them this.state.theirCurrentNostrPublicKey = this.state.theirNextNostrPublicKey; this.state.theirNextNostrPublicKey = header.nextPublicKey; this.updateNostrSubscriptions() }

if (shouldRatchet) {
  this.skipMessageKeys(header.previousChainLength, e.pubkey);
  this.ratchetStep(header.nextPublicKey);
}

}

decryptHeader(event: any): [Header, boolean, boolean] { const encryptedHeader = event.tags[0][1]; if (this.state.ourCurrentNostrKey) { const conversationKey = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, event.pubkey); try { const header = JSON.parse(nip44.decrypt(encryptedHeader, conversationKey)) as Header; return [header, false, false]; } catch (error) { // Decryption with currentSecret failed, try with nextSecret } }

const nextConversationKey = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, event.pubkey); try { const header = JSON.parse(nip44.decrypt(encryptedHeader, nextConversationKey)) as Header; return [header, true, false]; } catch (error) { // Decryption with nextSecret also failed }

const skippedKeys = this.state.skippedKeys[event.pubkey]; if (skippedKeys?.headerKeys) { // Try skipped header keys for (const key of skippedKeys.headerKeys) { try { const header = JSON.parse(nip44.decrypt(encryptedHeader, key)) as Header; return [header, false, true]; } catch (error) { // Decryption failed, try next secret } } }

throw new Error("Failed to decrypt header with current and skipped header keys"); }

ratchetDecrypt(header: Header, ciphertext: string, nostrSender: string): string { const plaintext = this.trySkippedMessageKeys(header, ciphertext, nostrSender); if (plaintext) return plaintext;

this.skipMessageKeys(header.number, nostrSender);

// Rotate receiving key const [newReceivingChainKey, messageKey] = kdf(this.state.receivingChainKey!, new Uint8Array([1]), 2); this.state.receivingChainKey = newReceivingChainKey; this.state.receivingChainMessageNumber++;

return nip44.decrypt(ciphertext, messageKey); }

ratchetStep(theirNextNostrPublicKey: string) { this.state.previousSendingChainMessageCount = this.state.sendingChainMessageNumber; this.state.sendingChainMessageNumber = 0; this.state.receivingChainMessageNumber = 0; this.state.theirNextNostrPublicKey = theirNextNostrPublicKey;

// 1st step yields the new conversation key they used const conversationKey1 = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, this.state.theirNextNostrPublicKey!); // and our corresponding receiving chain key const [theirRootKey, receivingChainKey] = kdf(this.state.rootKey, conversationKey1, 2); this.state.receivingChainKey = receivingChainKey;

// Rotate our Nostr key this.state.ourCurrentNostrKey = this.state.ourNextNostrKey; const ourNextSecretKey = generateSecretKey(); this.state.ourNextNostrKey = { publicKey: getPublicKey(ourNextSecretKey), privateKey: ourNextSecretKey };

// 2nd step yields the new conversation key we'll use const conversationKey2 = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, this.state.theirNextNostrPublicKey!); // And our corresponding sending chain key const [rootKey, sendingChainKey] = kdf(theirRootKey, conversationKey2, 2); this.state.rootKey = rootKey; this.state.sendingChainKey = sendingChainKey; }

skipMessageKeys(until: number, nostrSender: string) { if (this.state.receivingChainMessageNumber + MAX_SKIP < until) { throw new Error("Too many skipped messages"); }

if (!this.state.skippedKeys[nostrSender]) { this.state.skippedKeys[nostrSender] = { headerKeys: [], messageKeys: {} };

if (this.state.ourCurrentNostrKey) {
  const currentSecret = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, nostrSender);
  this.state.skippedKeys[nostrSender].headerKeys.push(currentSecret);
}
const nextSecret = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, nostrSender);
this.state.skippedKeys[nostrSender].headerKeys.push(nextSecret);

}

while (this.state.receivingChainMessageNumber < until) { const [newReceivingChainKey, messageKey] = kdf(this.state.receivingChainKey!, new Uint8Array([1]), 2); this.state.receivingChainKey = newReceivingChainKey; this.state.skippedKeys[nostrSender].messageKeys[this.state.receivingChainMessageNumber] = messageKey; this.state.receivingChainMessageNumber++; } }

trySkippedMessageKeys(header: Header, ciphertext: string, nostrSender: string): string | null { const skippedKeys = this.state.skippedKeys[nostrSender]; if (!skippedKeys) return null;

const messageKey = skippedKeys.messageKeys[header.number]; if (!messageKey) return null;

delete skippedKeys.messageKeys[header.number];

if (Object.keys(skippedKeys.messageKeys).length === 0) { delete this.state.skippedKeys[nostrSender]; }

return nip44.decrypt(ciphertext, messageKey); } ```

@ 6fc114c7:8f4b1405

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💻 Advanced Technology Our proprietary tools and brute-force optimization techniques maximize recovery efficiency. Regardless of how challenging your case may be, our technology is designed to give you the best chance at retrieving your crypto.

Our Recovery Services Include: 📈 Bitcoin Recovery: Lost access to your Bitcoin wallet? We help recover lost wallets, private keys, and passphrases. Transaction Recovery: Mistakes happen — whether it’s an incorrect wallet address or a lost password, let us manage the recovery. Cold Wallet Restoration: If your cold wallet is failing, we can safely extract your assets and migrate them into a secure new wallet. Private Key Generation: Lost your private key? Our experts can help you regain control using advanced methods while ensuring your privacy. ⚠️ What We Don’t Do While we can handle many scenarios, some limitations exist. For instance, we cannot recover funds stored in custodial wallets or cases where there is a complete loss of four or more seed words without partial information available. We are transparent about what’s possible, so you know what to expect

Don’t Let Lost Crypto Hold You Back! Did you know that between 3 to 3.4 million BTC — nearly 20% of the total supply — are estimated to be permanently lost? Don’t become part of that statistic! Whether it’s due to a forgotten password, sending funds to the wrong address, or damaged drives, we can help you navigate these challenges

🛡️ Real-Time Dust Attack Protection Our services extend beyond recovery. We offer dust attack protection, keeping your activity anonymous and your funds secure, shielding your identity from unwanted tracking, ransomware, and phishing attempts.

🎉 Start Your Recovery Journey Today! Ready to reclaim your lost crypto? Don’t wait until it’s too late! 👉 cryptrecver.com

📞 Need Immediate Assistance? Connect with Us! For real-time support or questions, reach out to our dedicated team on: ✉️ Telegram: t.me/crypptrcver 💬 WhatsApp: +1(941)317–1821

Crypt Recver is your trusted partner in cryptocurrency recovery. Let us turn your challenges into victories. Don’t hesitate — your crypto future starts now! 🚀✨

Act fast and secure your digital assets with cryptrecver.com.Losing access to your cryptocurrency can feel like losing a part of your future. Whether it’s due to a forgotten password, a damaged seed backup, or a simple mistake in a transfer, the stress can be overwhelming. Fortunately, cryptrecver.com is here to assist! With our expert-led recovery services, you can safely and swiftly reclaim your lost Bitcoin and other cryptocurrencies.

# Why Trust Crypt Recver? 🤝

🛠️ Expert Recovery Solutions\ At Crypt Recver, we specialize in addressing complex wallet-related issues. Our skilled engineers have the tools and expertise to handle:

• Partially lost or forgotten seed phrases
• Extracting funds from outdated or invalid wallet addresses
• Recovering data from damaged hardware wallets
• Restoring coins from old or unsupported wallet formats

You’re not just getting a service; you’re gaining a partner in your cryptocurrency journey.

🚀 Fast and Efficient Recovery\ We understand that time is crucial in crypto recovery. Our optimized systems enable you to regain access to your funds quickly, focusing on speed without compromising security. With a success rate of over 90%, you can rely on us to act swiftly on your behalf.

🔒 Privacy is Our Priority\ Your confidentiality is essential. Every recovery session is conducted with the utmost care, ensuring all processes are encrypted and confidential. You can rest assured that your sensitive information remains private.

💻 Advanced Technology\ Our proprietary tools and brute-force optimization techniques maximize recovery efficiency. Regardless of how challenging your case may be, our technology is designed to give you the best chance at retrieving your crypto.

Our Recovery Services Include: 📈

• Bitcoin Recovery: Lost access to your Bitcoin wallet? We help recover lost wallets, private keys, and passphrases.
• Transaction Recovery: Mistakes happen — whether it’s an incorrect wallet address or a lost password, let us manage the recovery.
• Cold Wallet Restoration: If your cold wallet is failing, we can safely extract your assets and migrate them into a secure new wallet.
• Private Key Generation: Lost your private key? Our experts can help you regain control using advanced methods while ensuring your privacy.

⚠️ What We Don’t Do\ While we can handle many scenarios, some limitations exist. For instance, we cannot recover funds stored in custodial wallets or cases where there is a complete loss of four or more seed words without partial information available. We are transparent about what’s possible, so you know what to expect

# Don’t Let Lost Crypto Hold You Back!

Did you know that between 3 to 3.4 million BTC — nearly 20% of the total supply — are estimated to be permanently lost? Don’t become part of that statistic! Whether it’s due to a forgotten password, sending funds to the wrong address, or damaged drives, we can help you navigate these challenges

🛡️ Real-Time Dust Attack Protection\ Our services extend beyond recovery. We offer dust attack protection, keeping your activity anonymous and your funds secure, shielding your identity from unwanted tracking, ransomware, and phishing attempts.

🎉 Start Your Recovery Journey Today!\ Ready to reclaim your lost crypto? Don’t wait until it’s too late!\ 👉 cryptrecver.com

📞 Need Immediate Assistance? Connect with Us!\ For real-time support or questions, reach out to our dedicated team on:\ ✉️ Telegram: t.me/crypptrcver\ 💬 WhatsApp: +1(941)317–1821

Crypt Recver is your trusted partner in cryptocurrency recovery. Let us turn your challenges into victories. Don’t hesitate — your crypto future starts now! 🚀✨

Act fast and secure your digital assets with cryptrecver.com.

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Losing access to your cryptocurrency can feel like losing a part of your future. Whether it’s due to a forgotten password, a damaged seed backup, or a simple mistake in a transfer, the stress can be overwhelming. Fortunately, cryptrecver.com is here to assist! With our expert-led recovery services, you can safely and swiftly reclaim your lost Bitcoin and other cryptocurrencies.

Why Trust Crypt Recver? 🤝 🛠️ Expert Recovery Solutions At Crypt Recver, we specialize in addressing complex wallet-related issues. Our skilled engineers have the tools and expertise to handle:

Partially lost or forgotten seed phrases Extracting funds from outdated or invalid wallet addresses Recovering data from damaged hardware wallets Restoring coins from old or unsupported wallet formats You’re not just getting a service; you’re gaining a partner in your cryptocurrency journey.

🚀 Fast and Efficient Recovery We understand that time is crucial in crypto recovery. Our optimized systems enable you to regain access to your funds quickly, focusing on speed without compromising security. With a success rate of over 90%, you can rely on us to act swiftly on your behalf.

🔒 Privacy is Our Priority Your confidentiality is essential. Every recovery session is conducted with the utmost care, ensuring all processes are encrypted and confidential. You can rest assured that your sensitive information remains private.

💻 Advanced Technology Our proprietary tools and brute-force optimization techniques maximize recovery efficiency. Regardless of how challenging your case may be, our technology is designed to give you the best chance at retrieving your crypto.

Our Recovery Services Include: 📈 Bitcoin Recovery: Lost access to your Bitcoin wallet? We help recover lost wallets, private keys, and passphrases. Transaction Recovery: Mistakes happen — whether it’s an incorrect wallet address or a lost password, let us manage the recovery. Cold Wallet Restoration: If your cold wallet is failing, we can safely extract your assets and migrate them into a secure new wallet. Private Key Generation: Lost your private key? Our experts can help you regain control using advanced methods while ensuring your privacy. ⚠️ What We Don’t Do While we can handle many scenarios, some limitations exist. For instance, we cannot recover funds stored in custodial wallets or cases where there is a complete loss of four or more seed words without partial information available. We are transparent about what’s possible, so you know what to expect

Don’t Let Lost Crypto Hold You Back! Did you know that between 3 to 3.4 million BTC — nearly 20% of the total supply — are estimated to be permanently lost? Don’t become part of that statistic! Whether it’s due to a forgotten password, sending funds to the wrong address, or damaged drives, we can help you navigate these challenges

🛡️ Real-Time Dust Attack Protection Our services extend beyond recovery. We offer dust attack protection, keeping your activity anonymous and your funds secure, shielding your identity from unwanted tracking, ransomware, and phishing attempts.

🎉 Start Your Recovery Journey Today! Ready to reclaim your lost crypto? Don’t wait until it’s too late! 👉 cryptrecver.com

📞 Need Immediate Assistance? Connect with Us! For real-time support or questions, reach out to our dedicated team on: ✉️ Telegram: t.me/crypptrcver 💬 WhatsApp: +1(941)317–1821

Crypt Recver is your trusted partner in cryptocurrency recovery. Let us turn your challenges into victories. Don’t hesitate — your crypto future starts now! 🚀✨

Act fast and secure your digital assets with cryptrecver.com.Losing access to your cryptocurrency can feel like losing a part of your future. Whether it’s due to a forgotten password, a damaged seed backup, or a simple mistake in a transfer, the stress can be overwhelming. Fortunately, cryptrecver.com is here to assist! With our expert-led recovery services, you can safely and swiftly reclaim your lost Bitcoin and other cryptocurrencies.

# Why Trust Crypt Recver? 🤝

🛠️ Expert Recovery Solutions\ At Crypt Recver, we specialize in addressing complex wallet-related issues. Our skilled engineers have the tools and expertise to handle:

• Partially lost or forgotten seed phrases
• Extracting funds from outdated or invalid wallet addresses
• Recovering data from damaged hardware wallets
• Restoring coins from old or unsupported wallet formats

You’re not just getting a service; you’re gaining a partner in your cryptocurrency journey.

🚀 Fast and Efficient Recovery\ We understand that time is crucial in crypto recovery. Our optimized systems enable you to regain access to your funds quickly, focusing on speed without compromising security. With a success rate of over 90%, you can rely on us to act swiftly on your behalf.

🔒 Privacy is Our Priority\ Your confidentiality is essential. Every recovery session is conducted with the utmost care, ensuring all processes are encrypted and confidential. You can rest assured that your sensitive information remains private.

💻 Advanced Technology\ Our proprietary tools and brute-force optimization techniques maximize recovery efficiency. Regardless of how challenging your case may be, our technology is designed to give you the best chance at retrieving your crypto.

Our Recovery Services Include: 📈

• Bitcoin Recovery: Lost access to your Bitcoin wallet? We help recover lost wallets, private keys, and passphrases.
• Transaction Recovery: Mistakes happen — whether it’s an incorrect wallet address or a lost password, let us manage the recovery.
• Cold Wallet Restoration: If your cold wallet is failing, we can safely extract your assets and migrate them into a secure new wallet.
• Private Key Generation: Lost your private key? Our experts can help you regain control using advanced methods while ensuring your privacy.

⚠️ What We Don’t Do\ While we can handle many scenarios, some limitations exist. For instance, we cannot recover funds stored in custodial wallets or cases where there is a complete loss of four or more seed words without partial information available. We are transparent about what’s possible, so you know what to expect

# Don’t Let Lost Crypto Hold You Back!

Did you know that between 3 to 3.4 million BTC — nearly 20% of the total supply — are estimated to be permanently lost? Don’t become part of that statistic! Whether it’s due to a forgotten password, sending funds to the wrong address, or damaged drives, we can help you navigate these challenges

🛡️ Real-Time Dust Attack Protection\ Our services extend beyond recovery. We offer dust attack protection, keeping your activity anonymous and your funds secure, shielding your identity from unwanted tracking, ransomware, and phishing attempts.

🎉 Start Your Recovery Journey Today!\ Ready to reclaim your lost crypto? Don’t wait until it’s too late!\ 👉 cryptrecver.com

📞 Need Immediate Assistance? Connect with Us!\ For real-time support or questions, reach out to our dedicated team on:\ ✉️ Telegram: t.me/crypptrcver\ 💬 WhatsApp: +1(941)317–1821

Crypt Recver is your trusted partner in cryptocurrency recovery. Let us turn your challenges into victories. Don’t hesitate — your crypto future starts now! 🚀✨

Act fast and secure your digital assets with cryptrecver.com.