@ f25afb62:8d50c6e7

https://i.postimg.cc/6p0S1LrR/Kiwi-bitcoin.png # Modernizing the Kiwi Dollar: How Kiwibank Can Lead the Future of Money ## **A Nation at an Inflection Point** Kiwibank’s upcoming capital raise offers New Zealand a rare opportunity to **future-proof its currency and banking system**. With up to **$500 million** in new capital on the table, the government aims to strengthen Kiwibank as a competitor to the dominant Australian-owned banks. Finance Minister Nicola Willis has emphasized that **more capital means greater competition**, which could **drive down interest rates** and improve banking services for everyday Kiwis. But this is more than just a competition play—it's a **chance to radically modernize the Kiwi dollar itself**. By integrating **Bitcoin's open infrastructure**, Kiwibank could issue a **digitally native, globally liquid, and ultra-secure NZD**. This wouldn’t require reinventing the financial system but rather **leveraging existing and proven Bitcoin technologies**. The result? A financial system that **empowers Kiwis**, attracts global investment, and **puts New Zealand at the forefront of monetary innovation**. This article outlines a **practical, step-by-step roadmap** for how Kiwibank could: 1. **Tokenize the New Zealand Dollar (NZD)** using **a Bitcoin sidechain like Liquid**. 2. **Issue Kiwi eCash**, providing **cash-like digital money** that’s private and fast. 3. **Enable global NZD payments via the Lightning Network**, making NZD as **instant and accessible as Bitcoin itself**. 4. **Unlock new Bitcoin-powered business models** that **expand Kiwibank’s revenue streams**. This isn’t a distant dream—it’s **completely feasible today**. The question is: **Will New Zealand lead or lag?** 🚀⚡🇳🇿 --- ## **Kiwibank’s Capital Raise – A Launchpad for Innovation** Kiwibank is raising fresh capital **to strengthen its position against the Big Four banks**, but this money could do much more than just improve traditional banking services. **It could lay the foundation for a digital-first Kiwi dollar, designed for the 21st century.** New Zealand is actively **courting global investment**, simplifying its **“golden visa”** program to attract **wealthy innovators and investors**. If Kiwibank integrates **Bitcoin-powered financial infrastructure**, it would send a **strong signal that New Zealand is open for high-tech finance business**—drawing interest from: - **Kiwi citizens**, who would benefit from a **better, faster, and cheaper** banking system. - **KiwiSaver funds and institutional investors**, who would see Kiwibank as a **bold growth investment**. - **Global Bitcoiners**, who might **invest in NZ** or move their wealth into a **Bitcoin-friendly jurisdiction**. Simply put, **this capital raise is a chance to future-proof the Kiwi financial system**—and Bitcoin provides the tools to make it happen. --- ## **Step 1: Tokenized NZD on a Bitcoin Sidechain** The **first step** in modernizing NZD is **bringing it onto Bitcoin rails** by issuing a **tokenized NZD** on **a Bitcoin sidechain** like **Liquid** or **a custom-built KiwiBTC sidechain**. ### **How It Works** - Kiwibank, alongside other NZ banks, could **issue digital NZD tokens**, backed **1:1 by reserves**. - This would be **secured on a federated Bitcoin sidechain**—a **fast, low-fee** network pegged to Bitcoin. - Transactions would **settle in seconds instead of days**, with **confidentiality features** ensuring **financial privacy**. This is **not an experiment**—it's **already being done**. **Tether (USDT) uses Liquid today** to issue stablecoins, and the same **proven tech** could be used to issue NZD. ### **Why This Matters** - **Faster Payments:** Move NZD **instantly**, unlike today’s slow banking rails. - **Global Liquidity:** Anyone, anywhere, could **hold and transact NZD digitally**. - **No Need for a CBDC:** The NZ government **retains full control** over monetary policy, without creating a **central bank-controlled digital currency**. This **solves many of the problems** the Reserve Bank of New Zealand has been grappling with in its **CBDC research**—by **using open Bitcoin tech instead of building from scratch**. --- ## **Step 2: Kiwi eCash – Digital Money With Cash-Like Privacy** While a **tokenized NZD** would **revolutionize banking and business payments**, **Kiwi eCash** would do the same for **everyday transactions and person-to-person payments**. **Kiwi eCash** is a **Chaumian eCash system**—a **digital cash** that **preserves privacy and security**, just like physical banknotes. It’s based on **battle-tested cryptographic blind signatures**, meaning: - **No bank account required.** - **No transaction tracking.** - **Total financial privacy.** ### **How It Works** - **NZ banks (or independent issuers) mint Kiwi eCash tokens**, backed by **tokenized NZD or Bitcoin**. - These tokens are **held in a wallet and can be spent freely**—just like handing someone cash. - Banks **don’t see individual transactions**, ensuring privacy. - Multiple issuers (banks, credit unions, or fintech firms) could **offer interoperable Kiwi eCash mints**. This is already happening with **Bitcoin eCash mints like Cashu and Fedimint**, and the **same concept** can be applied to **NZD**. ### **Why It Matters** - **Digital cash with cash-like privacy**—protecting **financial freedom**. - **Fast, free transactions**, perfect for **micro-payments and daily spending**. - **Works offline**, unlike today’s banking apps. - **Interoperable across banks**, reducing monopolistic control. --- ## **Step 3: Bridging Kiwi eCash to Lightning – NZD at the Speed of Bitcoin** The **final piece** of the puzzle is **making Kiwi eCash as fast and global as Bitcoin itself**. By **bridging Kiwi eCash to the Lightning Network** (via **Taproot Assets**), NZD transactions would become: - **Instant:** Settle in **milliseconds**, anywhere in the world. - **Global:** Easily convert NZD to **any currency, anywhere**. - **Ultra-cheap:** Fees near **zero**, unlike Visa or SWIFT. ### **How It Works** - Kiwi eCash is **wrapped into Lightning channels** using **Taproot Assets**. - **Payments flow instantly over Lightning**, just like Bitcoin transactions. - Merchants, individuals, and businesses can **send and receive NZD globally** in a **Bitcoin-compatible format**. This **integrates NZD directly into the Bitcoin economy**, giving it **instant global reach**. --- ## **Step 4: New Bitcoin-Powered Services for Kiwibank** Beyond modernizing NZD itself, **Bitcoin infrastructure unlocks entire new revenue streams** for Kiwibank: 1. **Bitcoin Custody:** Offer **multi-sig vaults** instead of **risky single-key custody**. 2. **Bitcoin Lending:** Let customers **borrow NZD against their BTC**—a proven model. 3. **Lightning Yield:** Earn **fees by providing Lightning liquidity**. 4. **Collaborative Bitcoin Custody:** Offer **collaborative custody** where customers **retain control** and Kiwibank is available for **recovery assistance**. 5. **Digital Securities**: Help **Kiwi business raise capital** with **digital securities on the Bitcoin sidechain** and facilitate **secondary market liquidity** of these securities. Each of these **aligns with Bitcoin’s strengths** while **expanding Kiwibank’s business model**. --- ## **A Bold Vision to Future-Proof the Kiwi Financial System** This **isn’t just an idea**—it’s **a path forward that’s 100% possible today**. - **For New Zealanders:** A **faster, fairer financial system** that puts power back in their hands. - **For Investors:** A **banking innovation play**, positioned for growth. - **For Bitcoiners worldwide:** A **Bitcoin-friendly financial hub**, with real-world Bitcoin services. Kiwibank has **a golden opportunity** to lead this transformation. The technology is ready, the capital is available, and the global financial landscape is **ripe for disruption**. The only question left is: **Will New Zealand lead, or will we be left behind?** 🚀⚡🇳🇿 --- ## **Sources** 1. Kiwibank Capital Raise: [NZ Lawyer](https://www.thelawyermag.com/nz/practice-areas/banking-and-finance/kiwibank-to-receive-500m-boost-as-government-targets-greater-competition-in-banking-sector/517422) 2. New Zealand Active Investor Visa: [NZTE](https://www.nzte.govt.nz/page/investor-migrants) 3. Taproot Assets & Lightning: [Lightning Labs](https://docs.lightning.engineering/the-lightning-network/taproot-assets) 4. Bitcoin Sidechains & Liquid: [Blockstream](https://blockstream.com/elements/) 5. Bitcoin eCash (Cashu/Fedimint): [Cashu](https://cashu.space/) --- originally posted at https://stacker.news/items/911023

@ 21335073:a244b1ad

Before I saw those X right-wing political “influencers” parading their Epstein binders in that PR stunt, I’d already posted this on Nostr, an open protocol.  “Today, the world’s attention will likely fixate on Epstein, governmental failures in addressing horrific abuse cases, and the influential figures who perpetrate such acts—yet few will center the victims and survivors in the conversation. The survivors of Epstein went to law enforcement and very little happened. The survivors tried to speak to the corporate press and the corporate press knowingly covered for him. In situations like these social media can serve as one of the only ways for a survivor’s voice to be heard.  It’s becoming increasingly evident that the line between centralized corporate social media and the state is razor-thin, if it exists at all. Time and again, the state shields powerful abusers when it’s politically expedient to do so. In this climate, a survivor attempting to expose someone like Epstein on a corporate tech platform faces an uphill battle—there’s no assurance their voice would even break through. Their story wouldn’t truly belong to them; it’d be at the mercy of the platform, subject to deletion at a whim. Nostr, though, offers a lifeline—a censorship-resistant space where survivors can share their truths, no matter how untouchable the abuser might seem. A survivor could remain anonymous here if they took enough steps.  Nostr holds real promise for amplifying survivor voices. And if you’re here daily, tossing out memes, take heart: you’re helping build a foundation for those who desperately need to be heard.“ That post is untouchable—no CEO, company, employee, or government can delete it. Even if I wanted to, I couldn’t take it down myself. The post will outlive me on the protocol.  The cozy alliance between the state and corporate social media hit me hard during that right-wing X “influencer” PR stunt. Elon owns X. Elon’s a special government employee. X pays those influencers to post. We don’t know who else pays them to post. Those influencers are spurred on by both the government and X to manage the Epstein case narrative. It wasn’t survivors standing there, grinning for photos—it was paid influencers, gatekeepers orchestrating yet another chance to re-exploit the already exploited. The bond between the state and corporate social media is tight. If the other Epsteins out there are ever to be unmasked, I wouldn’t bet on a survivor’s story staying safe with a corporate tech platform, the government, any social media influencer, or mainstream journalist. Right now, only a protocol can hand survivors the power to truly own their narrative. I don’t have anything against Elon—I’ve actually been a big supporter. I’m just stating it as I see it. X isn’t censorship resistant and they have an algorithm that they choose not the user. Corporate tech platforms like X can be a better fit for some survivors. X has safety tools and content moderation, making it a solid option for certain individuals. Grok can be a big help for survivors looking for resources or support! As a survivor, you know what works best for you, and safety should always come first—keep that front and center. That said, a protocol is a game-changer for cases where the powerful are likely to censor. During China's # MeToo movement, survivors faced heavy censorship on social media platforms like Weibo and WeChat, where posts about sexual harassment were quickly removed, and hashtags like # MeToo or "woyeshi" were blocked by government and platform filters. To bypass this, activists turned to blockchain technology encoding their stories—like Yue Xin’s open letter about a Peking University case—into transaction metadata. This made the information tamper-proof and publicly accessible, resisting censorship since blockchain data can’t be easily altered or deleted. I posted this on X 2/28/25. I wanted to try my first long post on a nostr client. The Epstein cover up is ongoing so it’s still relevant, unfortunately. If you are a survivor or loved one who is reading this and needs support please reach out to: National Sexual Assault Hotline 24/7 https://rainn.org/ Hours: Available 24 hours

@ 57d1a264:69f1fee1

You can learn about what we’re doing at lava on our website: [lava.xyz](http://lava.xyz). We recommend you take a thorough look through everything before applying. Not an immediate fit? Lava has an open referral bounty. If you refer someone to us and we hire them, we will pay you $5k for an in-person NYC full-time hire and $1k for non-NYC full time hires. Send referrals to [hello@lava.xyz](mailto:hello@lava.xyz) We are looking for a designer to join our team at Lava. In this role, you will be responsible for leading the design of all of our products. **What you will do** - Drive and execute on an ambitious design vision for Lava - Communicate with engineering teams to make sure designs are implemented properly - Talk to users, analyze user feedback, and identify areas for improvement **What we look for in you** - You align with the guidelines and values we use to decide who we hire and how we operate: https://www.lava.xyz/onepager - Expertise as a designer - You are a great communicator (written and verbal). - You are extremely organized. - You learn fast. - You work hard. - You get shit done quickly. - You live in NYC, or you’re willing to relocate to NYC. If you feel that the above describes you, we’d love to hear from you! Please fill out this form: https://forms.gle/cJFsuP3tXgSknPJ8A Job Description: [https://lavaxyz.notion.site/Founding-Designer-78c91e29f4a44d0b8cb32e33ff40c167?pvs=4](https://www.notion.so/Founding-Designer-78c91e29f4a44d0b8cb32e33ff40c167?pvs=21) originally posted at https://stacker.news/items/910384

@ 57d1a264:69f1fee1

`Remote only` `Part Time` Estamos em busca de um profissional para aprimorar a experiência dos usuários em nossos produtos ramblyn.app. Você trabalhará remotamente com um time pequeno e ágil, colaborando diretamente no design de interfaces. Não nos preocupamos com diplomas, buscamos alguém criativo, organizado e capaz de aprimorar e implementar processos em sua área. **Requisitos:** - Experiência com desenvolvimento web e web design. - Ser uma pessoa organizada, com habilidade para documentar processos. - Experiência prévia com atendimento ao cliente (diferencial). - Conhecimento sobre Bitcoin e Lightning Network (diferencial). - Capacidade de criar interfaces intuitivas e otimizadas para a melhor experiência do usuário. [APPLY](https://t.me/RamblynHelp) originally posted at https://stacker.news/items/910158

@ 0c469779:4b21d8b0

### Sobre el amor Mi percepción del amor cambió con el tiempo. Leer literatura rusa, principalmente a Dostoevsky, te cambia la perspectiva sobre el amor y la vida en general. Por mucho tiempo mi visión sobre la vida es que la misma se basa en el sufrimiento: también la Biblia dice esto. El amor es igual, en el amor se sufre y se banca a la otra persona. El problema es que hay una distinción de sufrimientos que por mucho tiempo no tuve en cuenta. Está el sufrimiento del sacrificio y el sufrimiento masoquista. Para mí eran indistintos. Para mí el ideal era Aliosha y Natasha de *Humillados y Ofendidos*: estar con alguien que me amase tanto como Natasha a Aliosha, un amor inclusive autodestructivo para Natasha, pero real. Tiene algo de épico, inalcanzable. Un sufrimiento extremo, redentor, es una vara altísima que en la vida cotidiana no se manifiesta. O el amor de Sonia a Raskolnikov, quien se fue hasta Siberia mientras estuvo en prisión para que no se quede solo en *Crimen y Castigo*. Este es el tipo de amor que yo esperaba. Y como no me pasó nada tan extremo y las situaciones que llegan a ocurrir en mi vida están lejos de ser tan extremas, me parecía hasta poco lo que estaba pidiendo y que nadie pueda quedarse conmigo me parecía insuficiente. Ahora pienso que el amor no tiene por qué ser así. Es un pensamiento nuevo que todavía estoy construyendo, y me di cuenta cuando fui a la iglesia, a pesar de que no soy cristiano. La filosofía cristiana me gusta. Va conmigo. Tiene un enfoque de humildad, superación y comunidad que me recuerda al estoicismo. El amor se trata de resaltar lo mejor que hay en el otro. Se trata de ser un plus, de ayudar. Por eso si uno no está en su mejor etapa, si no se está cómodo con uno mismo, no se puede amar de verdad. El amor empieza en uno mismo. Los libros son un espejo, no necesariamente vas a aprender de ellos, sino que te muestran quién sos. Resaltás lo que te importa. Por eso a pesar de saber los tipos de amores que hay en los trabajos de Dostoevsky, cometí los mismos errores varias veces. Ser mejor depende de uno mismo y cada día se pone el granito de arena.

@ 57d1a264:69f1fee1

## The Role Our team brings deep expertise across electric power markets, project development, and software development, positioning us as trusted experts in this rapidly evolving market. We are seeking an experienced Software Product Manager to lead the planning, development, and execution of our software products. You will play a key role in defining the product vision, roadmap, and strategy, and you will collaborate closely with cross-functional teams to ensure successful product launches and iterations. The ideal candidate will have an energy background, a deep understanding of user needs, and the ability to balance technical requirements with business objectives. ## Your Day-to-Day - Product Vision and Strategy: You will define and effectively communicate the product vision, strategy, and roadmap to internal teams and key stakeholders, ensuring alignment between our goals and our customers’ needs to drive product decisions and adoption. To do this, you will need to stay informed on industry trends, emerging technologies, and competition to ensure our product remains innovative and competitive. - End-to-End Product Development: You will lead the product development process from concept to launch, ensuring timely delivery of features that meet both quality standards and customer expectations. You will gather, prioritize, and articulate product requirements based on user feedback, market trends, and business goals. You will maintain clear and thorough documentation for product features, workflows, and technical specifications. You will - Performance Analysis and Improvement: You will continuously monitor product performance using key metrics and user feedback to refine and iterate on the product, driving ongoing enhancements. You will advocate for user needs throughout the product development cycle to create products that truly resonate with them and a product experience that provides outsized value. - Stakeholder Communication and Collaboration: You will synthesize and communicate results, insights, and actionable recommendations to the leadership team and all relevant stakeholders, and you will collaborate cross functionally to remove bottlenecks and be a force multiplier for our team. [APPLY](https://apply.workable.com/satoshi-energy/j/ba09aa8693/?utm_source=stackernews) originally posted at https://stacker.news/items/910029

@ a95c6243:d345522c

**«Wir brauchen eine digitale Brandmauer gegen den Faschismus»,** [schreibt](https://www.ccc.de/de/updates/2025/ccc-fordert-digitale-brandmauer) der Chaos Computer Club (CCC) auf seiner Website. Unter diesem Motto präsentierte er letzte Woche einen Forderungskatalog, mit dem sich 24 Organisationen an die kommende Bundesregierung wenden. Der Koalitionsvertrag müsse sich daran messen lassen, verlangen sie. **In den drei Kategorien «Bekenntnis gegen Überwachung»,** «Schutz und Sicherheit für alle» sowie «Demokratie im digitalen Raum» stellen die [Unterzeichner](https://d-64.org/digitale-brandmauer/), zu denen auch Amnesty International und Das NETTZ gehören, unter anderem die folgenden «Mindestanforderungen»: * Verbot biometrischer Massenüberwachung des öffentlichen Raums sowie der ungezielten biometrischen Auswertung des Internets. * Anlasslose und massenhafte Vorratsdatenspeicherung wird abgelehnt. * Automatisierte Datenanalysen der Informationsbestände der Strafverfolgungsbehörden sowie jede Form von Predictive Policing oder automatisiertes Profiling von Menschen werden abgelehnt. * Einführung eines Rechts auf Verschlüsselung. Die Bundesregierung soll sich dafür einsetzen, die Chatkontrolle auf europäischer Ebene zu verhindern. * Anonyme und pseudonyme Nutzung des Internets soll geschützt und ermöglicht werden. * Bekämpfung «privaten Machtmissbrauchs von Big-Tech-Unternehmen» durch durchsetzungsstarke, unabhängige und grundsätzlich föderale Aufsichtsstrukturen. * Einführung eines digitalen Gewaltschutzgesetzes, unter Berücksichtigung «gruppenbezogener digitaler Gewalt» und die Förderung von Beratungsangeboten. * Ein umfassendes Förderprogramm für digitale öffentliche Räume, die dezentral organisiert und quelloffen programmiert sind, soll aufgelegt werden. **Es sei ein Irrglaube, dass zunehmende Überwachung einen Zugewinn an Sicherheit darstelle,** ist eines der Argumente der Initiatoren. Sicherheit erfordere auch, dass Menschen anonym und vertraulich kommunizieren können und ihre Privatsphäre geschützt wird. **Gesunde digitale Räume lebten auch von einem demokratischen Diskurs,** lesen wir in dem Papier. Es sei Aufgabe des Staates, Grundrechte zu schützen. Dazu gehöre auch, Menschenrechte und demokratische Werte, insbesondere Freiheit, Gleichheit und Solidarität zu fördern sowie den Missbrauch von Maßnahmen, Befugnissen und Infrastrukturen durch «die Feinde der Demokratie» zu verhindern. **Man ist geneigt zu fragen, wo denn die Autoren «den Faschismus» sehen,** den es zu bekämpfen gelte. Die meisten der vorgetragenen Forderungen und Argumente finden sicher breite Unterstützung, denn sie beschreiben offenkundig gängige, kritikwürdige Praxis. Die Aushebelung der Privatsphäre, der Redefreiheit und anderer Grundrechte im Namen der Sicherheit wird bereits jetzt massiv durch die aktuellen «demokratischen Institutionen» und ihre «durchsetzungsstarken Aufsichtsstrukturen» betrieben. **Ist «der Faschismus» also die EU und ihre Mitgliedsstaaten?** Nein, die «faschistische Gefahr», gegen die man eine digitale Brandmauer will, kommt nach Ansicht des CCC und seiner Partner aus den Vereinigten Staaten. Private Überwachung und Machtkonzentration sind dabei weltweit schon lange Realität, jetzt endlich müssen sie jedoch bekämpft werden. In dem Papier heißt es: > «Die willkürliche und antidemokratische Machtausübung der Tech-Oligarchen um Präsident Trump erfordert einen Paradigmenwechsel in der deutschen Digitalpolitik. (...) Die aktuellen Geschehnisse in den USA zeigen auf, wie Datensammlungen und -analyse genutzt werden können, um einen Staat handstreichartig zu übernehmen, seine Strukturen nachhaltig zu beschädigen, Widerstand zu unterbinden und marginalisierte Gruppen zu verfolgen.» **Wer auf der anderen Seite dieser Brandmauer stehen soll, ist also klar.** Es sind die gleichen «Feinde unserer Demokratie», die seit Jahren in diese Ecke gedrängt werden. Es sind die gleichen Andersdenkenden, Regierungskritiker und Friedensforderer, die unter dem großzügigen Dach des Bundesprogramms «Demokratie leben» einem «kontinuierlichen Echt- und Langzeitmonitoring» wegen der Etikettierung [«digitaler Hass»](https://bag-gegen-hass.net/) unterzogen werden. **Dass die 24 Organisationen praktisch auch die Bekämpfung von Google,** Microsoft, Apple, Amazon und anderen fordern, entbehrt nicht der Komik. Diese fallen aber sicher unter das Stichwort «Machtmissbrauch von Big-Tech-Unternehmen». Gleichzeitig verlangen die Lobbyisten implizit zum Beispiel die Förderung des [Nostr](https://reason.com/video/2024/09/17/is-nostr-an-antidote-to-social-media-censorship/)-Netzwerks, denn hier finden wir dezentral organisierte und quelloffen programmierte digitale Räume par excellence, obendrein zensurresistent. Das wiederum dürfte in der Politik weniger gut ankommen. *\[Titelbild:* *[Pixabay](https://pixabay.com/de/illustrations/uns-ihnen-stammes-wettbewerb-1767691/)]* *** Dieser Beitrag ist zuerst auf ***[Transition News](https://transition-news.org/digitale-brandmauer-gegen-den-faschismus-von-der-kunftigen-bundesregierung)*** erschienen.

@ 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. Usually stolen bitcoin for the reserve creates a perverse incentive. If governments see a 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.

@ d68401a8:11aad383

**What do you need?** * A Handshake top-level domain * Bob wallet (with at least 10 HNS) * Varo account * GitHub account **1. Own a Handshake domain** First, you need to have a domain stored in your personal wallet (Bob Wallet). We don’t cover how to obtain a domain name, but it’s not difficult. You can bid for domains using Bob Wallet, which is a self-custodial method that allows you to interact directly with the blockchain. Alternatively, you can use a custodial service like Namebase.io or ShakeStation.io. If you opt for a custodial service, both platforms work well and significantly simplify the process. However, keep in mind that you will need to transfer your domain to your Bob Wallet. This transfer typically takes about a day, so be patient. **2. Create A Varo Account** Varo is a service that allows you to connect your self-custodied domain to a DNS nameserver, enabling you to manage your domain records without losing custody of your name. At any time, you can use your Bob Wallet to delete all records associating your domain with Varo, effectively breaking the connection. Varo is developed by [eskimo.software](https://eskimo.software). You can access Varo in both the ICANN and HNS root zones: * [https://varo.domains](https://varo.domains) * [https://varo](https://varo) **3. Connect your domain with Varo** Once your domain is in your Bob wallet, you need to connect it to Varo. Go to your Varo account > Add site *>* type the domain you own, and press the "+" button.  Your domain should appear under "External Domains". Next, go to "Manage", where you’ll find two subsections named "Nameservers" and "DNSSEC". These are the records you need to add to your domain in Bob Wallet to connect it with Varo. In Bob Wallet go to "Domain Manager", press on your domain, a new screen will open. In the "Records" section, add the records provided by Varo: * Add 2 NS records, with the value of ns1.varo. and ns2.varo. * Add 1 DS record, with whatever string of value you have in your Varo account Once done you need to "Submit" the changes. It will take approximately 10 minutes to update (the time it takes for each block to be created on the Handshake network). After 10–20 minutes, you should be able to see the new records on any HNS explorer, such as Niami.io.  To test if the connection is proper, you can add a "redirect" record on Varo. A redirect record is a type of DNS record used to redirect a domain or subdomain to another URL. In this example, I will redirect the domain "nostr.belikebill", to my Primal nostr address "https://primal.net/galetaire". * Type: REDIRECT * Name: nostr.yourdomain * Content: the URL of destination  Once completed, it will take about 6 hours for the changes to go live. Yes, it might seem like a long time, but domains are not like money—you’re not meant to move them around constantly. If your new address, "nostr.yourdomain" or "http://nostr.yourdomain.hns.to", redirects to your desired URL, your domain and Varo are successfully connected. **4. Create a GitHub account** Create or go to your GitHub account, create a "New repository", put the name of your choice, and "create". **4.1 Create an index file** At your new repository, click on the "Add file" > "Create new file" button. Name the file "index.html" and type some HTML content into the editor. Like: `<h1>Hi, It's me!</h1>` Commit changes. **4.2 Repository Settings** Click on the "Settings" tab and scroll down to the GitHub "Pages" section. Select the main branch source "/root" and click on the "Save" button.  After 5 minutes, you can refresh the Pages section, and at the top, you will see an information message indicating that your site is live at a URL similar to this: [https://youraccount.github.io/yourrepository](https://youraccount.github.io/yourrepository), visit the site. At this point, your website is online.  In the "Pages" section, go to "Custom Domain" and add your desired domain. Note that it must be a second-level domain (e.g., `something.yourdomain`). GitHub will not recognize a pure top-level domain: * hi.yourdomain, for example. Because it’s not an ICANN domain, GitHub will tell you it doesn’t work, but it actually does. Even though it will always show as "DNS Check in Progress," your site will be online. It will take around 30 minutes for the site to go live.  **5. Set up your domain as the address for your site** Finally, you need to connect Varo with GitHub. Go to you Varo account > "Manage" for your domain, and add an "A" record: * Type: A * Name: hi.yourdomain * Content: [185.199.111.153](http://185.199.111.153) (this is the IP address of [GitHub](https://docs.github.com/en/pages/configuring-a-custom-domain-for-your-github-pages-site/managing-a-custom-domain-for-your-github-pages-site)) As for the "Redirect" record, the update will take 6 hours to go live. But after that time, your site will be online at your domain address: * [http://hi.yourdomain/](http://hi.yourdomain/) * [http://hi.yourdomain.hns.to](http://hi.yourdomain.hns.to) (hns.to is a bridge to see HNS addresses trough ICANN addresses). Congrats! The next step is to personalize your website (at this point only the "index.html"), you can ask some AI to create you one, copy paste, and done! You can see mine at [http://hi.galetaire](http://hi.galetaire), any doubt hit the comment section :D.

@ 4857600b:30b502f4

At this point, we should be arresting, not firing, any FBI employee who delays, destroys, or withholds information on the Epstein case. There is ZERO explanation I will accept for redacting anything for “national security” reasons. A lot of Trump supporters are losing patience with Pam Bondi. I will give her the benefit of the doubt for now since the corruption within the whole security/intelligence apparatus of our country runs deep. However, let’s not forget that probably Trump’s biggest mistakes in his first term involved picking weak and easily corruptible (or blackmailable) officials. It seemed every month a formerly-loyal person did a complete 180 degree turn and did everything they could to screw him over, regardless of the betrayal’s effect on the country or whatever principles that person claimed to have. I think he’s fixed his screening process, but since we’re talking about the FBI, we know they have the power to dig up any dirt or blackmail material available, or just make it up. In the Epstein case, it’s probably better to go after Bondi than give up a treasure trove of blackmail material against the long list of members on his client list.

@ 57d1a264:69f1fee1

A presentation by @jsonbits Jason Hester for the [40th CSUN](https://web.cvent.com/event/2c5d8c51-6441-44c0-b361-131ff9544dd5/summary) Assistive Technology Conference - `March 10, 2025 – March 14, 2025`                                                            - - - [Download PDF](https://cdn.discordapp.com/attachments/903125939054059520/1347694223755051039/AC2A-FOSS-A11Y-JasonHester-V9.pdf?ex=67cf648d&is=67ce130d&hm=f61eb30b05783cfee2a37ffdcd5797af688a2fb3b7f01af48caa96c10136a129&) originally posted at https://stacker.news/items/908947

@ 57d1a264:69f1fee1

 Here I am posting a document that presents the Business Model Canvas (BMC) created for “Nasi Goreng Semrawut”, a Micro, Small, and Medium Enterprise (MSME) in Kendal, Central Java, Indonesia. BMC is a strategic management and entrepreneurship tool. It allows us to visualize, assess, and modify business models. It is crucial to understand the core components of a business and how they interact. As a UX researcher, analyzing and understanding the business model is critical to aligning user needs with business goals. This BMC provides the basis for identifying opportunities to improve user experience and drive business growth. I have broken it down into sections and grouped them carefully and I have clear reasons from a UX perspective why the groupings I have chosen are these points. I explain the UX side more fully on my portfolio website. For my reflections on this project analyzing the Business Model Canvas of "Nasi Goreng Semrawut" through a UX lens reveals several opportunities for improvement. By focusing on user needs and behaviors, I can enhance the customer experience, streamline operations, and drive business growth. This analysis highlights the importance of integrating UX research into the strategic planning process. By understanding the business model, I can ensure that our UX efforts are aligned with business goals and deliver tangible results. **My website Portfolio👇** https://octoporto.framer.website/blog/business-model-canvas-nasi-goreng-semrawut **Link Project :** https://www.figma.com/proto/5LZkoc2uSJ1RTaur4cDVCM/Business-Model-Canvas-Sego-Goreng-Semrawut?page-id=0%3A1&node-id=38-117&viewport=-170%2C587%2C0.16&t=8gt9qNV5G267Xq8B-1&scaling=scale-down&content-scaling=fixed&starting-point-node-id=20%3A3 mirorred from [dribbble](https://dribbble.com/shots/25718733-Business-Model-Canvas-Nasi-Goreng-Semrawut) originally posted at https://stacker.news/items/908920

@ f3873798:24b3f2f3

Recentemente, assisti a um vídeo que me fez refletir profundamente sobre o impacto da linguagem na hora de vender. No vídeo, uma jovem relatava sua experiência ao presenciar um vendedor de amendoim em uma agência dos Correios. O local estava cheio, as pessoas aguardavam impacientes na fila e, em meio a esse cenário, um homem humilde tentava vender seu produto. Mas sua abordagem não era estratégica; ao invés de destacar os benefícios do amendoim, ele suplicava para que alguém o ajudasse comprando. O resultado? Ninguém se interessou.  A jovem observou que o problema não era o produto, mas a forma como ele estava sendo oferecido. Afinal, muitas das pessoas ali estavam há horas esperando e perto do horário do almoço – o amendoim poderia ser um ótimo tira-gosto. No entanto, como a comunicação do vendedor vinha carregada de desespero, ele afastava os clientes ao invés de atraí-los. Esse vídeo me tocou profundamente. No dia seguinte, ao sair para comemorar meu aniversário, vi um menino vendendo balas na rua, sob o sol forte. Assim como no caso do amendoim, percebi que as pessoas ao redor não se interessavam por seu produto. Ao se aproximar do carro, resolvi comprar dois pacotes. Mais do que ajudar, queria que aquele pequeno gesto servisse como incentivo para que ele continuasse acreditando no seu negócio. Essa experiência me fez refletir ainda mais sobre o poder da comunicação em vendas. Muitas vezes, não é o produto que está errado, mas sim a forma como o vendedor o apresenta. Quando transmitimos confiança e mostramos o valor do que vendemos, despertamos o interesse genuíno dos clientes. ## Como a Linguagem Impacta as Vendas?  ##### 1. O Poder da Abordagem Positiva Em vez de pedir por ajuda, é importante destacar os benefícios do produto. No caso do amendoim, o vendedor poderia ter dito algo como: "Que tal um petisco delicioso enquanto espera? Um amendoim fresquinho para matar a fome até o almoço!" ##### 2. A Emoção na Medida Certa Expressar emoção é essencial, mas sem parecer desesperado. Os clientes devem sentir que estão adquirindo algo de valor, não apenas ajudando o vendedor. ##### 3. Conheça Seu Público Entender o contexto é fundamental. Se as pessoas estavam com fome e impacientes, uma abordagem mais objetiva e focada no benefício do produto poderia gerar mais vendas. ##### 4. Autoconfiança e Postura Falar com firmeza e segurança transmite credibilidade. O vendedor precisa acreditar no próprio produto antes de convencer o cliente a comprá-lo. ### Conclusão Vender é mais do que apenas oferecer um produto – é uma arte que envolve comunicação, percepção e estratégia. Pequenos ajustes na abordagem podem transformar completamente os resultados. Se o vendedor de amendoim tivesse apresentado seu produto de outra maneira, talvez tivesse vendido tudo rapidamente. Da mesma forma, se cada um de nós aprender a se comunicar melhor em nossas próprias áreas, poderemos alcançar muito mais sucesso. E você? Já passou por uma experiência parecida?

@ 732c6a62:42003da2

Não são recentes as táticas da esquerda de tentar reprimir intelectualmente seus opositores na base do deboche, da ironia, do desprezo e do boicote à credibilidade. Até Marx usava ironia para chamar os críticos de "burgueses iludidos". A diferença é que, no século XXI, trocaram o manifesto comunista por threads no Twitter e a dialética por memes de mau gosto. ### **A Falácia da Superioridade Moral** O debate sobre o "pobre de direita" no Brasil é contaminado por uma premissa tácita da esquerda: **a ideia de que classes baixas só podem ter consciência política se aderirem a pautas progressistas**. Quem ousa divergir é tratado como "traidor de classe", "manipulado", "ignorante", ou até vítimas de deboches como alguma pessoa com um qi em temperatura ambiente repetir diversas vezes "não é possível que ainda exista pobre de direita", "nunca vou entender pobre de direita", ou "pobre de direita é muito burro, rico eu até entendo", como se o autor dessas frases fosse o paladino dos mais oprimidos e pobres. Esse discurso, porém, não resiste a uma análise empírica, histórica ou sociológica. --- ### **Contexto Histórico: A Esquerda e o Mito do "Voto Consciente"** A noção de que o pobre deve votar na esquerda por "interesse de classe" é herança do **marxismo ortodoxo**, que via a política como mero reflexo da posição econômica. No entanto, a realidade é mais complexa: - **Dados do Latinobarómetro (2022):** 41% dos brasileiros de baixa renda (até 2 salários mínimos) apoiam redução de impostos e maior liberdade econômica — pautas tradicionalmente associadas à direita. - **Pesquisa IPEC (2023):** 58% dos pobres brasileiros priorizam "segurança pública" como principal demanda, acima de "distribuição de renda". Esses números não são acidentais. Refletem uma **mudança estrutural**: o pobre moderno não é mais o "operário industrial" do século XX, mas um empreendedor informal, motorista de app, ou microempresário — figuras que valorizam autonomia e rejeitam paternalismo estatal. Eles dizem não entender o pobre de direita e que nunca vai entendê-los, mas o fato é que não entendem porque **nunca conversaram com um sem fazer cara de psicólogo de posto de saúde**. Sua "preocupação" é só uma máscara para esconder o desprezo por quem ousa pensar diferente do seu manual de "oprimido ideal". ## **Se ainda não entenderam:** **Direita ≠ rico:** Tem gente que trabalha 12h/dia e vota em liberal porque quer **ser dono do próprio negócio**, não pra pagar mais taxação pra você postar meme no Twitter. **Acham que são o Sherlock Holmes da pobreza:** o palpite de que "o pobre é manipulado" é tão raso quanto sua compreensão de economia básica. --- ### **A Psicologia por Trás do Voto Conservador nas Periferias** A esquerda atribui o voto pobre em direita a "falta de educação" ou "manipulação midiática". Essa tese é não apenas elitista, mas **cientificamente falsa**: **Análise Psicológica Básica (para você que se acha o Paulo Freire):** - **Síndrome do Branco Salvador:** Acha que o pobre é uma criatura tão frágil que precisa de você pra pensar. Spoiler: ele não precisa. - **Viés da Superioridade Moral:** "Se você é pobre e não concorda comigo, você é burro". Parabéns, recriou a escravidão intelectual. - **Efeito Dunning-Kruger:** Não sabe o que é CLT, mas dá palpite sobre reforma trabalhista. - **Estudo da Universidade de São Paulo (USP, 2021):** Entre moradores de favelas, 63% associam políticas de segurança dura (como "bandido bom é bandido morto") à proteção de seus negócios e famílias. Para eles, a esquerda é "branda demais" com o crime. - **Pesquisa FGV (2020):** 71% dos trabalhadores informais rejeitam aumentos de impostos, mesmo que para financiar programas sociais. Motivo: já sofrem com a burocracia estatal para legalizar seus negócios. Esses dados revelam uma **racionalidade prática**: o pobre avalia políticas pelo impacto imediato em sua vida, não por abstrações ideológicas. Enquanto a esquerda fala em "reforma estrutural" e tenta importar discursos estrangeiros para debate, por exemplo, o tema irrelevante do pronome neutro, ele quer resolver problemas como: - **Violência** (que afeta seu comércio); - **Impostos** (que consomem até 40% do lucro de um camelô); - **Burocracia** (que impede a legalização de sua barraca de pastel). --- ### **Religião, Valores e a Hipocrisia do "Ateísmo de Redes Sociais"** A esquerda subestima o papel da religião na formação política das classes baixas. No Brasil, **76% dos evangélicos são pobres** (Datafolha, 2023), e suas igrejas promovem valores como: - **Família tradicional** (contra pautas progressistas como ideologia de gênero em escolas); - **Auto-responsabilidade** (ênfase em "trabalho duro" em vez de assistencialismo). **Exemplo Concreto:** Nas favelas de São Paulo, pastores evangélicos são frequentemente eleitos a cargos locais com plataformas anticrime e pró-mercado. Para seus eleitores, a esquerda urbana (que defende descriminalização de drogas e críticas à polícia) representa uma **ameaça ao seu estilo de vida**. --- ### **A Esquerda e seu Desprezo pela Autonomia do Pobre** O cerne do debate é a **incapacidade da esquerda de aceitar que o pobre possa ser autônomo**. Algumas evidências: #### **O Caso dos Empreendedores Informais** - **Segundo o IBGE (2023), 40% dos trabalhadores brasileiros estão na informalidade.** Muitos veem o Estado como obstáculo, não aliado. Políticas de direita (como simplificação tributária) são mais atraentes para eles que o Bolsa Família. #### **A Ascensão do Conservadorismo Periférico** - Pessoas assim tem um pensamento simples. Sua mensagem: *"Queremos empreender, não depender de político."* #### **A Rejeição ao "Vitimismo"** - **Pesquisa Atlas Intel (2022):** 68% dos pobres brasileiros rejeitam o termo "vítima da sociedade". Preferem ser vistos como "lutadores". --- ### **A projeção freudiana "o pobre é burro porque eu sou inteligente"** O deboche esquerdista esconde um complexo de inferioridade disfarçado de superioridade moral. É a **Síndrome do Salvador** em sua forma mais patética: - **Passo 1:** Assume-se que o pobre é um ser desprovido de agência. - **Passo 2:** Qualquer desvio da narrativa é atribuído a "manipulação da elite". - **Passo 3:** Quem critica o processo é chamado de "fascista". **Exemplo Prático:** Quando uma empregada doméstica diz que prefere o livre mercado a programas sociais, a esquerda não pergunta *"por quê?"* — ela grita *"lavagem cerebral!"*. A ironia? Essa mesma esquerda defende a **autonomia feminina**, exceto quando a mulher é pobre e pensa diferente. ### **Dados Globais: O Fenômeno Não é Brasileiro** A ideia de que "pobre de direita" é uma anomalia é desmentida por evidências internacionais: - **Estados Unidos:** 38% dos eleitores com renda abaixo de US$ 30k/ano votaram em Trump em 2020 (Pew Research). Motivos principais: conservadorismo social e rejeição a impostos. A esquerda: "vítimas da falsa consciência". Mais um detalhe: na última eleição de 2024, grande parte da classe "artística" milionária dos Estados Unidos, figuras conhecidas, promoveram em peso a Kamala Harris, do Partido Democrata. Percebe como a esquerda atual é a personificaçãoda burguesia e de só pensar na própria barriga? - **Argentina:** Javier Milei, libertário radical, quando candidato, tinha forte apoio nas *villas miseria* (favelas). Seu lema — *"O estado é um parasita"* — ressoa entre quem sofria com inflação de 211% ao ano. - **Índia:** O partido BJP (direita nacionalista) domina entre os pobres rurais, que associam a esquerda a elites urbanas desconectadas de suas necessidades. ### **A história que a esquerda tenta apagar: pobres de direita existem desde sempre** A esquerda age como se o "pobre de direita" fosse uma invenção recente do MBL, mas a realidade é que **classes baixas conservadoras são regra, não exceção**, na história mundial: - **Revolução Francesa (1789):** Camponeses apoiaram a monarquia contra os jacobinos urbanos que queriam "libertá-los". - **Brasil Imperial:** Escravos libertos que viraram pequenos proprietários rurais rejeitavam o abolicionismo radical — queriam integração, não utopia. **Tradução:** Quando o pobre não segue o script, a esquerda inventa teorias conspiratórias. --- ### **A Hipocrisia da Esquerda Urbana e Universitária** Enquanto acusa o pobre de direita de "alienado", a esquerda brasileira é dominada por uma **elite desconectada da realidade periférica**: - **Perfil Socioeconômico:** 82% dos filiados ao PSOL têm ensino superior completo (TSE, 2023). Apenas 6% moram em bairros periféricos. - **Prioridades Descoladas:** Enquanto o pobre debate segurança e custo de vida, a esquerda pauta discussões como "linguagem não-binária em editais públicos" — tema irrelevante para quem luta contra o desemprego. Os grandes teóricos comunistas se reviram no túmulo quando veem o que a esquerda se tornou: não debatem os reais problemas do Brasil, e sim sobre suas próprias emoções. *"A esquerda brasileira trocou o operário pelo influencer progressista. O pobre virou um personagem de campanha, não um interlocutor real."* ### **A diversidade de pensamento que a esquerda não suporta** A esquerda prega diversidade — desde que você seja diverso dentro de um **checklist pré-aprovado**. Pobre LGBTQ+? Herói. Pobre evangélico? Fascista. Pobre que abre MEI? "Peão do capitalismo". A realidade é que favelas e periferias são **microcosmos de pluralidade ideológica**, algo que assusta quem quer reduzir seres humanos a estereótipos. --- ### **Respostas aos Argumentos Esquerdistas (e Por que Falham)** #### **"O pobre de direita é manipulado pela mídia!"** - **Contradição:** Se a mídia tradicional é dominada por elites (como alegam), por que grandes veículos são abertamente progressistas? A Record (evangélica) é exceção, não regra. **Contradição Central:** Como explicar que, segundo o **Banco Mundial (2023)**, países com maior liberdade econômica (ex.: Chile, Polônia) reduziram a pobreza extrema em 60% nas últimas décadas, enquanto modelos estatizantes (ex.: Venezuela, Argentina com o governo peronista) afundaram na miséria? Simples: a esquerda prefere culpar o "neoliberalismo" a admitir que **o pobre com o mínimo de consciência quer emprego, não esmola**. **Dado que Machuca:** - 71% das mulheres da periferia rejeitam o feminismo radical, associando-o a "prioridades distantes da realidade" (**Instituto Locomotiva, 2023**). #### **"Ele vota contra os próprios interesses!"** - **Falácia:** Pressupõe que a esquerda define o que é o "interesse do pobre". Para um pai de família na Cidade de Deus, ter a boca de fogo fechada pode ser mais urgente que um aumento de 10% no Bolsa Família. O pobre de direita não é uma anomalia. É o **produto natural de um mundo complexo** onde seres humanos têm aspirações, medos e valores diversos. Enquanto a esquerda insiste em tratá-lo como um projeto fracassado, ele está ocupado: - **Trabalhando** para não depender do governo. - **Escolhendo** religiões que dão sentido à sua vida. - **Rejeitando** pautas identitárias que não resolvem o custo do gás de cozinha. #### **"É falta de educação política!"** - **Ironia:** Nos países nórdicos (modelo da esquerda), as classes baixas são as mais conservadoras. Educação não correlaciona com progressismo. --- ### **Por que o Debuste Precisa Acabar** A insistência em descredibilizar o pobre de direita revela um **projeto de poder fracassado**. A esquerda, ao substituir diálogo por deboche, perdeu a capacidade de representar quem mais precisaria dela. Enquanto isso, a direita — nem sempre por virtude, mas por pragmatismo — capturou o descontentamento de milhões com o status quo. O pobre de direita existe porque ele **não precisa da permissão do rico de esquerda para pensar**. A incapacidade de entender isso só prova que **a esquerda é a nova aristocracia**. **Último Dado:** Nas eleições de 2022, Tarcísio de Freitas (direita) venceu em 72% das favelas de São Paulo. O motivo? Seu discurso anti-burocracia e pró-microempreendedor. A mensagem é clara: o pobre não é um projeto ideológico. É um agente político autônomo — e quem não entender isso continuará perdendo eleições. A esquerda elitista não odeia o pobre de direita por ele ser "irracional". Odeia porque ele **desafia o monopólio moral** que ela construiu sobre a miséria alheia. Enquanto isso, o pobre segue sua vida, ignorando os berros de quem acha que sabem mais da sua vida que ele mesmo. **Pergunta Retórica (Para Incomodar):** Se a esquerda é tão sábia, por que não usa essa sabedoria para entender que **pobre também cansa de ser tratado como cachorro que late no ritmo errado**? --- # **Fontes Citadas:** 1. Latinobarómetro (2022) 2. IPEC (2023) 3. USP (2021): *"Segurança Pública e Percepções nas Favelas Cariocas"* 4. FGV (2020): *"Informalidade e Tributação no Brasil"* 5. Datafolha (2023): *"Perfil Religioso do Eleitorado Brasileiro"* 6. Atlas Intel (2022): *"Autopercepção das Classes Baixas"* 7. Pew Research (2020): *"Voting Patterns by Income in the U.S."* 8. TSE (2023): *"Perfil Socioeconômico dos Filiados Partidários"* **Leitura Recomendada para Esquerdistas:** - *"Fome de Poder: Por que o Pobre Brasileiro Abandonou a Esquerda"* (Fernando Schüller, 2023) - *"A Revolução dos Conservadores: Religião e Política nas Periferias"* (Juliano Spyer, 2021) - *"Direita e Esquerda: Razões e Paixões"* (Demétrio Magnoli, 2019)

@ f25afb62:8d50c6e7

The recent economic turmoil in New Zealand has reignited debates over the role of the Reserve Bank of New Zealand (RBNZ) in "engineering a recession." Many believe that the RBNZ’s decision to raise the Official Cash Rate (OCR) was the root cause of the downturn, but this narrative oversimplifies the reality. ### Who Really Engineered the Recession? Blaming the RBNZ for the recession ignores a fundamental truth: **market interest rates were rising long before the OCR was adjusted.** Bond yields, swap rates, and borrowing costs surged as the RBNZ stepped back from being the primary buyer of government bonds. When the RBNZ stopped paying artificially high prices (low yields) for bonds, the private sector had to price them instead, leading to yields rising back to real market interest rates. Meanwhile, the government continued to refinance its rolling debt at these higher rates, further driving up borrowing costs. The RBNZ, in hiking the OCR, was following the market interest rate, attempting to maintain credibility rather than dictating outcomes. The real policy missteps were made much earlier: 1. **Artificially Suppressing Interest Rates Through Money Printing**\ The RBNZ engaged in Large-Scale Asset Purchases (LSAP), creating money out of thin air to buy government bonds. This artificially lowered yields, making it cheaper for the government to borrow and spend beyond its means. The result? Inflation surged as the economy was flooded with cheap money. 2. **Funding for Lending Programme (FLP): Free Money for Banks**\ The RBNZ offered near 0% loans to banks, allowing them to borrow at artificially low rates while lending at much higher rates. This wasn’t just monetary easing—it was a blatant distortion of the free market, reinforcing the **Cantillon Effect**, where those closest to the money printer benefit first. 3. **Holding Rates Too Low for Too Long**\ A 0% OCR in itself doesn’t cause inflation—what does is creating excess liquidity while artificially suppressing borrowing costs. Banks, instead of competing for deposits and lending productively, were incentivized to park money in assets like housing, fueling unsustainable bubbles. When inflation inevitably took hold, the RBNZ had no choice but to raise rates aggressively. This wasn’t an effort to “engineer” a recession—it was damage control after prior policy failures. The claim that the RBNZ alone caused the recession is a convenient distraction from the real culprits: **government overspending and central bank interventionism.** ### The Cycle of Blame: Central Bank Governors as Fall Guys This cycle isn’t new. Central banks are officially independent, but in reality, they almost always align with the government of the day. The **Large-Scale Asset Purchase (LSAP) program** was effectively a way to finance government spending through money printing—something politicians would never admit outright. When the government needed funding for pandemic-era stimulus, the RBNZ obliged, creating \$50 billion out of thin air to buy government bonds and lower borrowing costs, making it easier for the Labour government to spend big. Now, with a new government in power, they get to bring in their own person—likely someone who will align with their fiscal policies, just as Orr aligned with Labour's. This cycle plays out over and over again: 1. **Print money to fund government priorities.** 2. **Blame the central bank for inflation or economic consequences.** 3. **Replace the central bank governor with someone more aligned with the new government’s agenda.** 4. **Repeat.** The “independent central bank” narrative is a useful tool for politicians to deflect blame. Labour can say, *“Inflation wasn’t our fault, it was the RBNZ’s monetary policy!”* Meanwhile, National can now install someone who will adjust policy to suit their needs while still claiming, *“We respect the independence of the Reserve Bank!”* This allows both parties to escape accountability, despite the fact that **excessive government spending and central bank money printing go hand in hand.** This isn’t just a New Zealand issue—**most central banks operate the same way.** They provide the liquidity needed to keep government spending rolling, and when inflation or other economic problems arise, the governor becomes the convenient fall guy. ### The Role of Bitcoin: An Exit From the Broken System This cycle of money printing, asset bubbles, inflation, and central bank tightening isn’t unique to New Zealand—it’s the natural consequence of a system where central banks and governments have **unchecked control over money.** Bitcoin was created as a direct response to this very problem. #### Bitcoin Fixes the Cantillon Effect - Unlike fiat money, which is distributed to banks and institutions first, **Bitcoin’s issuance is predictable and transparent.** There are no backroom deals, no preferential access, no bailouts. - Bitcoin doesn’t change its supply to accommodate political agendas. There is only one Bitcoin—just like there is only one Earth, and its land area cannot be expanded. It can be divided into **21 million equal-sized pieces called BTC or 2,100 trillion equal-sized pieces called sats.** - **Bitcoin doesn’t grant special privileges.** You either earn it, mine it, or buy it. No one gets first access at a discount. #### Bitcoin Removes the Central Bank Middleman - The RBNZ and other central banks manipulate money supply and interest rates to serve political and economic interests. Bitcoin’s monetary policy is fixed and free from human interference. - No government can arbitrarily print Bitcoin to fund its spending or suppress its value. - Bitcoin allows people to store their wealth without the risk of inflationary dilution or government confiscation. #### Bitcoin Protects You from the Next Bailout - Every time the financial system faces a crisis, governments and central banks shift the cost onto the public—through inflation, taxation, or outright financial repression. - Bitcoin lets you **opt out** of this cycle. By holding Bitcoin, your savings remain secure, beyond the reach of reckless monetary policy. - When the next crisis hits—and it will—Bitcoin holders won’t be left wondering how much purchasing power they’ve lost overnight. ### A Strategic Shift: The U.S. Embraces Bitcoin Recent developments in the U.S. signal a major turning point in how governments view Bitcoin. President Trump recently signed an Executive Order establishing a **Strategic Bitcoin Reserve**, marking the first time a nation has officially designated Bitcoin as a strategic asset. This reserve will be **exclusively Bitcoin**, initially seeded with Bitcoin seized through civil and criminal forfeitures, but with a commitment to acquiring more through budget-neutral strategies at no additional cost to taxpayers. This means that if the government can save money elsewhere, those funds can be redirected toward buying and holding Bitcoin as a permanent reserve asset. The implications of this decision are profound: - The U.S. **acknowledges Bitcoin as fundamentally different from “crypto.”** Altcoins and centralized tokens are being liquidated, while Bitcoin is being held as a permanent reserve. - The government is shifting from selling confiscated Bitcoin to **strategically accumulating it**, positioning the U.S. as a key player in a Bitcoin-based financial future. - Bitcoin mining is being embraced as a domestic industry, stabilizing power grids and reinforcing the U.S. as a leader in proof-of-work security. This policy shift highlights what Bitcoiners have long understood: **Bitcoin is digital gold, and fiat systems will eventually recognize its superiority.** While central banks continue their cycle of money printing and blame-shifting, the adoption of Bitcoin as a strategic reserve asset may mark the beginning of a global financial transformation. ### The Bigger Picture: Free Markets vs. Centralized Control The idea that the RBNZ acted independently in creating these economic conditions is a myth. Central banks do not exist in isolation; they facilitate government spending and economic policies, whether through bond purchases, artificially low interest rates, or direct lending programs. The economic pain we’re seeing now is not an accident—it’s a consequence of a system designed to redistribute wealth to those closest to the money printer. Bitcoin represents an alternative: a free-market monetary system where no central entity controls issuance, no insiders get preferential treatment, and no government can erode its value through reckless policies. The sooner people recognize the flaws in the current system, the sooner they’ll understand why Bitcoin exists—not just as an investment, but as a **monetary revolution.** originally posted at https://stacker.news/items/907966