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@ 13e63e99:25525c6a
2025-01-16 04:19:03
<img src="https://blossom.primal.net/fe9e24ef5619e5a9230cf83bd3f5e6d7c5c8bc608e08480c3d063096f73929b0.webp">
## U.S. Labor Markets
The U.S. economy demonstrated resilience in December, adding 256,000 jobs, far exceeding expectations of 155,000. The unemployment rate remained steady at 4.1%, reflecting a strong labor market even as wage growth moderated to 3.9% year-over-year. This performance capped a robust year for U.S. employment, despite headwinds from tightening monetary policy and geopolitical uncertainties.
The jobs report reinforced expectations that the Federal Reserve may slow the pace of rate cuts in 2025. The Fed’s December meeting minutes indicated officials remain cautious about inflation risks, with Federal Reserve Governor Michelle Bowman stating that inflation remains “uncomfortably above” the 2% target. This hawkish stance, combined with resilient economic data, suggests interest rates could stay elevated longer than previously anticipated.
Investors reacted sharply to the report, sending equities lower on Friday as the implications for tighter financial conditions weighed on sentiment.
### **Equity Markets Under Pressure Amid Inflation and Policy Concerns**
U.S. equities posted losses as inflation fears and political uncertainty dominated market sentiment. Began positively, with optimism around potential softening of trade policies under President-elect Donald Trump. However, this faded after Trump dismissed reports of a more lenient tariff stance.
Economic data further dampened optimism. The Institute for Supply Management’s (ISM) Services PMI for December came in at 54.1, signaling continued expansion in the services sector. However, the index’s prices-paid component jumped by 6.2 percentage points to 64.4, raising concerns about persistent inflationary pressures.
### **Treasury Yields Surged on Strong Jobs Data**
U.S. Treasury yields climbed throughout the week and spiked on Friday following the strong labor market report. The benchmark 10-year Treasury yield reached its highest intraday level since November 2023. This movement reflects market expectations that the Fed will maintain higher interest rates for an extended period to combat inflation.
In the corporate bond market, investment-grade issuances were heavily oversubscribed, though spreads widened due to elevated supply. High-yield bonds mirrored equity market performance, trading in a mixed and cautious environment. Utilities gained attention amid California wildfires, adding to regional economic uncertainties.
> Reference: [T.RowePrice](https://www.troweprice.com/personal-investing/resources/insights/global-markets-weekly-update.html)
<img src="https://blossom.primal.net/7ea878597478faf3188452fbed2459c7985ce9c90fa40784c44e1d8d77ca0ea9.webp">
The debut of US spot Bitcoin exchange-traded funds (ETFs) in 2024 marked a turning point for the bitcoin market and traditional finance, achieving unparalleled success in its first year. Approved by the US Securities and Exchange Commission (SEC) on January 10, 2024, these ETFs launched the following day, swiftly capturing the attention of institutional and retail investors alike.
<img src="https://blossom.primal.net/32f293a944b464bb80bc8f1c3e6a2eab782e8274443377b01fd35a8ec7e96beb.png">
### **Explosive Growth Surpassing Projections**
BlackRock’s Bitcoin ETF reached $61 billion in assets under management (AUM) within a year—a feat that took its gold ETF two decades to achieve. This rapid growth reflects the pent-up demand for institutional-grade Bitcoin exposure. Investors were drawn to ETFs’ simplicity and familiarity, eliminating the challenges of self-custody while ensuring regulatory compliance.
### **Drivers of Success**
#### **Institutional Demand and Market Readiness**
For over a decade, the bitcoin community anticipated a US spot Bitcoin ETF. Its launch fulfilled a significant market gap, providing institutions and sophisticated investors with a way to access Bitcoin without the risks and complexities of direct ownership.
#### **Favorable Economic and Policy Environment**
The 2024 macroeconomic backdrop amplified demand. Federal Reserve interest rate cuts eased financial conditions, while Bitcoin-friendly policies under President-elect Donald Trump added regulatory clarity. Analysts also pointed to the asset’s price recovery and upcoming events, such as the Bitcoin halving in April 2024, which historically drive price appreciation.
#### **Global Trust in US Financial Markets**
As the birthplace of ETFs and the largest capital market globally, the US offers unmatched liquidity and investor confidence. With ETFs managing over $10.5 trillion in AUM domestically—out of $15 trillion globally—the US is a natural leader in this space.
### **What Lies Ahead for Bitcoin ETFs?**
#### **Continued Growth in 2025**
Market experts anticipate that 2025 will outperform 2024 as more professional investors gain access to Bitcoin ETFs. Bitwise CIO Matt Hougan noted that ETF adoption is often a multi-year process, with second-year inflows typically exceeding first-year figures. This pattern suggests significant upside potential for the market.
#### **Expansion of Offerings**
The competitive landscape is set to diversify, with multiple providers refining their offerings to cater to a broader audience. Features like staking-enabled ETFs and innovative custody solutions could become differentiators, attracting even more inflows.
The first year of US spot Bitcoin ETFs has redefined market standards, creating a benchmark for other jurisdictions. As these products evolve, they will likely remain at the forefront of the crypto and traditional financial worlds, offering a bridge between digital assets and institutional adoption.
> Reference: [Bitbo](https://treasuries.bitbo.io/us-etfs/), [Cointelegraph](https://cointelegraph.com/news/bitcoin-etfs-usa-versus-canada-2024), [Coinglass](https://www.coinglass.com/bitcoin-etf)
<img src="https://blossom.primal.net/d3adc72f1784f93819442f5a7020dca894aa2bd1c69013456e2121c3bb302b96.webp">
## **1.Meta Shareholder Proposal Advocated Bitcoin Allocation to Hedge Against Inflation**
<img src="https://blossom.primal.net/a88bb863aa394b36b68c6ad3a36dd5bf01470fd97f3972ef843f7a0d1478d755.webp">
A Meta shareholder proposal, submitted by Ethan Peck, calls for the company to allocate a portion of its $72 billion in cash and short-term cash equivalents to Bitcoin (BTC) as a hedge against currency debasement. The proposal highlights inflation’s erosive impact on Meta's cash holdings, claiming a 28% loss of value over time due to inflation. Peck underscored Bitcoin’s potential, noting its outperformance of bonds by 1,262% over the past five years.
In the proposal, Peck stated: “Mark Zuckerberg named his goats 'Bitcoin' and 'Max.' Meta director Marc Andreessen has praised Bitcoin and is also a director at Coinbase. Do Meta shareholders not deserve the same kind of responsible asset allocation for the Company that Meta directors and executives likely implement for themselves?”
Peck, an employee of the National Center for Public Policy Research — a Washington, D.C.-based think tank advocating free-market policies — has been involved in submitting similar Bitcoin treasury proposals to companies such as Microsoft and Amazon in 2024. However, the Meta proposal was submitted independently, representing shares owned by Peck’s family.
This proposal aligns with the growing trend of corporate Bitcoin adoption as a hedge against inflation, though it remains to be seen whether Meta’s board will entertain the idea.
> Reference: [Cointelegraph](https://cointelegraph.com/news/bitcoin-corporate-treasury-proposal-meta), [The Coin Rise](https://thecoinrise.com/meta-shareholder-advocates-for-bitcoin-adoption-amid-inflation-concerns/)
## **2. DOJ Cleared to Sell Seized Bitcoin After Court Ruling**
The U.S. Department of Justice (DOJ) has been authorized to sell tens of thousands of Bitcoins seized in the government’s largest-ever crypto asset confiscation.
On Dec. 30, a federal judge in the Northern District of California rejected a motion by Nevada-based venture capital firm Battle Born Investments to block the sale of Bitcoin valued at $6.5 billion. Battle Born had claimed rights to the assets, but the court ruled against the firm, effectively ending a years-long legal battle.
**Seized Bitcoin Linked to Silk Road**\
The 69,370 Bitcoins were confiscated in 2020 from an unidentified hacker, referred to in court as "Individual X." Federal agents traced the funds to the Silk Road, a notorious darknet marketplace dismantled in 2013. While the hacker's identity remains unknown, the government secured control of the funds.
**Potential Government Auction**\
Though the ruling does not mandate an immediate sale, the U.S. Marshals Service typically auctions off seized cryptocurrency, just as it does other confiscated assets like cars or real estate. A sale of this magnitude would be among the largest ever, potentially unsettling crypto markets. To mitigate market impact, the government has historically staggered auctions.
Last month, blockchain analytics firm Arkham Intelligence reported that U.S. government wallets moved $1.9 billion in Silk Road Bitcoin to Coinbase. While some investors feared an imminent sale, the move may be part of the government’s contract with Coinbase to manage digital assets.
**Strategic Bitcoin Reserve Discussions**\
The timing coincides with renewed political interest in Bitcoin under President-elect Donald Trump, a vocal crypto supporter. Trump has advocated for a national Bitcoin reserve as a hedge against inflation and encouraged investors to “never sell your Bitcoin.” Wyoming Senator Cynthia Lummis has also introduced legislation proposing the government purchase one million Bitcoin over five years. If the DOJ proceeds with the sale, it will add a significant chapter to the evolving intersection of cryptocurrency and government policy.
<img src="https://blossom.primal.net/56352a3127a4a4dc03a3e4490ce8db5e3bf62707b0873f98e6d36433e9e987bb.webp">
> Reference: [Yahoo Finance](https://finance.yahoo.com/news/federal-government-just-got-greenlight-220013306.html), [The Crypto Times](https://www.cryptotimes.io/2025/01/09/doj-granted-permission-to-sell-seized-6-5b-bitcoin/)
## **Federal Reserve’s Michael Barr to Resign Amid Crypto Industry Scrutiny**
Michael Barr, Vice Chair for Supervision at the US Federal Reserve, announced his resignation effective February 28 or earlier if a successor is appointed. His departure marks another high-profile exit tied to “Operation Chokepoint 2.0,” a controversial alleged effort to limit banking access for crypto firms.
Barr will remain a Federal Reserve Board Governor. In his resignation letter to President Joe Biden, dated January 6, Barr reflected on his tenure, during which he gained a reputation within the crypto industry for his critical stance on banks engaging with crypto assets. In a March 2023 speech, Barr stated: “We would likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.”
**Crypto Industry Reactions**\
Barr’s resignation has elicited strong reactions from the crypto community. Senator Cynthia Lummis criticized his leadership, accusing him of facilitating Operation Chokepoint 2.0 and undermining Wyoming’s digital asset industry. Caitlin Long, CEO of Custodia Bank, labeled Barr the “Fed’s debanker-in-chief,” suggesting he was instrumental in the alleged campaign against crypto companies.
Nic Carter of Castle Island Ventures noted that many key figures linked to anti-crypto policies, including FDIC Chair Martin Gruenberg and SEC Chair Gary Gensler, have recently left their roles or faced defeat. Carter’s so-called "anti-crypto" list now includes a shrinking roster of figures such as Senator Elizabeth Warren and Federal Reserve Board member Michael Gibson.
<img src="https://blossom.primal.net/e44f3b55cd2ce11ae63e1573b0eaf5c9bb9c58b236aca57d8452e530fe8ac881.webp">
**Ongoing Investigations into Operation Chokepoint 2.0**\
While US officials have denied orchestrating a campaign to debank the crypto industry, recent court orders granted Coinbase access to unredacted FDIC documents to investigate the agency’s role in the alleged initiative. Paul Grewal, Coinbase’s Chief Legal Officer, claimed the filings reveal a coordinated effort to suppress crypto activities ranging from Bitcoin transactions to more complex services. Former prosecutor and crypto advocate John Deaton has offered to lead an investigation into these actions under the incoming Trump administration, warning: “If unchallenged, such actions set a dangerous precedent, allowing regulatory bodies to quietly stifle innovation and economic opportunity.”
> Reference: [Cointelegraph](https://cointelegraph.com/news/fed-reserve-chair-supervision-michael-barr-to-resign)
<img src="https://blossom.primal.net/ff3554485d016c517ced7ba8396ac38478d2e7bcd9fa39f5b5434f9f5f13a067.webp">
## Launching the Chinese Version of "My First Bitcoin"
Over the past year, we've worked closely with the MiPremierBitcoin team to produce the Chinese version of Bitcoin Diploma *My First Bitcoin* . As the HCM team is based in Asia, we're passionate about connecting more people to Bitcoin and fostering its global adoption. We're thrilled to announce that the book will be launching soon! Stay tuned for more updates and join us on this incredible journey.
<img src="https://blossom.primal.net/88795768f97f1292a5d3d034c7e517331f8b230ca33e6aef2a36e2b836d9b165.jpg">
<img src="https://blossom.primal.net/77bfd3aaac19bf07c164eec4d3da59b05ded14de7490be72103b3e5cf21f8ccb.webp">
## Unchained led the sponsorship for Max and Stacy Invitational
<img src="https://blossom.primal.net/dacd0725a6b176c077139e6c7e74e59c9ad3368eb15a6c681c1d56369a5bf036.webp">
Unchained sponsored the **Max & Stacy Invitational**, a landmark event set to take place in El Salvador, the heart of the global Bitcoin movement. This gathering celebrates innovation, community, and the transformative potential of Bitcoin, embodying the vision championed by Max Keiser and Stacy Herbert. With the support of the community, we strive together to inspire continued progress toward the bitcoin future.
> Reference: [X.com](https://x.com/BSN_Events/status/1878163164325466368)
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@ 16d11430:61640947
2025-01-16 03:16:12
Will It Scale? Web2 vs. Ethereum, Solana, Lightning, and Aeternity (Part 1: The Basics)
When it comes to scaling, Web2 architectures rely on traditional centralized solutions: adding more servers, deploying load balancers, and utilizing CDNs. But scaling is costly and often inefficient.
Ethereum, the pioneer of DeFi, struggles with scalability due to its Proof-of-Stake (PoS) architecture and high fees, especially during peak times. Meanwhile, Solana boasts high throughput with low fees but has faced criticism for periodic downtime under heavy load. Lightning Network, built on Bitcoin, tackles scalability through off-chain transactions, enabling instant and cheap payments. Aeternity excels with state channels, allowing off-chain interactions while maintaining security and scalability.
When the question is "Will it scale?" Web2 stumbles, Ethereum gets expensive, Solana pushes hard but risks downtime, Lightning remains fast for payments, and Aeternity blends scalability with flexibility for smart contracts and oracles.
---
Will It Overload? Web2 vs. Ethereum, Solana, Lightning, and Aeternity (Part 2: Peak Demand)
Handling peak demand is a nightmare for Web2 systems. Auto-scaling might keep servers running, but the costs skyrocket, and outages can occur during sudden traffic spikes.
Ethereum's block capacity leads to congestion and sky-high gas fees during NFT drops or DeFi booms. Solana offers high throughput, but its monolithic design makes it vulnerable to overload and downtime. Lightning Network shines here, as its off-chain channels ensure seamless microtransactions even during high demand. Aeternity outpaces the rest with its state channel architecture, reducing on-chain congestion and enabling real-time interactions.
Under peak demand, Web2 buckles, Ethereum gets expensive, Solana may stall, Lightning remains reliable for payments, and Aeternity distributes load effortlessly for a seamless experience.
---
Will It Fail? Web2 vs. Ethereum, Solana, Lightning, and Aeternity (Part 3: Single Points of Failure)
Centralized Web2 systems depend on servers and databases, leaving them vulnerable to single points of failure (SPoFs). If a critical server goes down, the entire application can be paralyzed.
In blockchain ecosystems, decentralization minimizes SPoFs. Ethereum boasts strong decentralization but struggles with speed and scalability. Solana, while fast, compromises decentralization by relying on fewer nodes, raising concerns about centralization. Lightning Network is highly resilient for payments, but its reliance on node connectivity means it isn't entirely immune to outages. Aeternity's decentralized nodes and oracles ensure fault tolerance without compromising speed.
When failure isn’t an option, Ethereum resists well but gets slow, Solana risks centralization, Lightning thrives in payments, and Aeternity blends reliability with decentralization.
---
Will It Secure? Web2 vs. Ethereum, Solana, Lightning, and Aeternity (Part 4: Data Integrity)
Web2 security relies on firewalls and centralized databases, making breaches a constant concern. From data leaks to ransomware attacks, Web2 remains highly vulnerable.
Ethereum ensures security through cryptographic validation but suffers from phishing and smart contract exploits. Solana provides low-cost transactions but faces criticism for its centralization risks, which could undermine long-term security. Lightning Network prioritizes secure, private transactions for payments, but its reliance on custodial wallets introduces risks. Aeternity leverages cryptographic security and immutable records for unparalleled data integrity, while its state channels mitigate risks from on-chain congestion.
In the battle for data integrity, Web2 collapses, Ethereum secures with high costs, Solana trades decentralization for speed, Lightning secures payments, and Aeternity balances security with innovation.
---
Will It Innovate? Web2 vs. Ethereum, Solana, Lightning, and Aeternity (Part 5: Futureproofing)
Web2 systems evolve incrementally, hampered by legacy architecture. Meanwhile, blockchain ecosystems are leading the charge in innovation:
Ethereum introduced smart contracts and continues to innovate through layer-2 solutions like Optimism and zkSync.
Solana focuses on speed, catering to high-frequency traders and Web3 games. However, concerns over reliability and centralization linger.
Lightning Network revolutionizes Bitcoin by enabling microtransactions and instant payments, making it a frontrunner for financial applications.
Aeternity takes innovation further with oracles and state channels, enabling seamless real-world data integration and cost-effective, scalable smart contracts.
Web2 struggles to keep up, Ethereum pushes boundaries with layers, Solana races for speed, Lightning dominates payments, and Aeternity innovates across applications.
---
Conclusion: Web2 Cracks, Ethereum, Solana, Lightning, and Aeternity Compete
Each system has its strengths and weaknesses:
Web2 struggles with cost and centralization.
Ethereum leads in decentralization but suffers from congestion and high fees.
Solana offers speed but compromises decentralization.
Lightning Network excels in payments but isn’t built for generalized smart contracts.
Aeternity combines scalability, security, and real-world integration.
So, will it blend? In the end, the future belongs to solutions that balance scalability, security, and decentralization, and Aeternity is positioned to be a key contender in this space.
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@ 16d11430:61640947
2025-01-16 02:22:51
There was a catch—there was always a catch. The fiat businesses had built empires on sand, parading as indestructible titans while their foundations crumbled beneath them. They were too big to fail, they said, as if saying it loud enough could stop the tide. But the tide didn’t care, and the tide had a name: Bitcoin.
Bitcoin wasn’t the currency of criminals anymore, as the talking heads on television liked to parrot. No, it was the currency of mathematicians, engineers, and anyone else who figured out that trusting a bank to keep your money safe was like trusting a fox to guard your chickens. And while the fiat war machine churned along, chewing up lives with merciless efficiency, its disembodied body was writhing and bleeding out like a wounded ouroboros—an ancient snake devouring its own tail, too consumed by its gluttony to notice its inevitable demise.
The ouroboros wasn’t just dying. It was rotting.
The "Warscape of Disruption" was not kind.
---
The Ouroboros of Fiat
The fiat war machine, that hungry mouth, had always feasted on the lifeblood of ordinary people—wages diluted by inflation, savings eroded by fees, debts stretched out for eternity. The machine’s appetite was insatiable, gnashing and grinding through entire generations. Yet, the tail it chewed wasn’t just a metaphor; it was its own lifeline. Each bite it took to sustain itself weakened the system further, draining liquidity, trust, and time.
The result? A writhing, bleeding beast—a grotesque spectacle of a financial system that couldn’t stop destroying itself even as its days were clearly numbered. Bitcoin, like a sword forged from cryptographic steel, struck at the head of the ouroboros, severing the illusion that the system was sustainable.
---
The Fall of Fiat Empires
Imagine a city under siege. The walls are high, the defenses robust—or so they seem. Inside, the merchants continue their trade as if the invaders outside will simply get bored and leave. But Bitcoin does not leave. Bitcoin is a battering ram, each transaction a blow to the gates. It doesn’t stop, doesn’t sleep, doesn’t even care if it’s raining. The merchants inside—your Fortune 500s, your too-big-to-fails—sit around arguing over their spreadsheets, wondering why their liquidity is drying up.
And liquidity does dry up when your currency is no longer trusted. Why would anyone hold onto a rapidly devaluing asset when Bitcoin offers a deflationary alternative? Why leave wealth in the hands of a financial system designed to siphon it away? Fiat businesses scramble for answers, only to find themselves priced out of relevance.
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DeFi: The Siege Engines
If Bitcoin is the battering ram, DeFi is the trebuchet, hurling innovations like smart contracts and yield farming over the walls of traditional finance. What once required entire armies of lawyers and brokers can now be executed in seconds on a blockchain. Borrowing, lending, insuring—these were the sacred pillars of fiat finance, and DeFi is smashing them to pieces with algorithms.
But the beauty—or terror, depending on which side you’re on—is that DeFi doesn’t even need to storm the gates. It builds new cities outside the walls, cities without kings or tax collectors, where every transaction is voluntary and transparent. These new cities—protocols like Aave, Uniswap, and MakerDAO—are thriving. Meanwhile, the old cities burn.
---
Critical Analysis: The End of Complacency
The fall of fiat businesses is not just a matter of technological disruption; it is a reckoning. They thrived for decades on inefficiency and opacity, extracting rents from consumers who had no other choice. But now there is a choice, and it is brutally efficient.
Yet, the decimation of fiat businesses raises questions:
1. Regulatory Resistance: Governments will not surrender their economic dominance without a fight. Will they embrace Bitcoin and DeFi, or attempt to stifle it through draconian regulation?
2. Inclusion or Exclusion: While Bitcoin and DeFi promise financial inclusion, their adoption requires technical literacy and access to the internet. Will the transition leave the less fortunate behind?
3. Moral Hazard: As DeFi dismantles gatekeepers, it also removes the safety nets. If everyone becomes their own bank, who will rescue those who make poor financial decisions?
---
The Fiat Future: A Ghost Town
The ouroboros is dying. Its mouth still chews, trying to wring out a few last drops of life from a system that no longer works. Its tail, now bitten to the bone, hangs limp. Fiat businesses are already on life support, relying on bailouts, artificial liquidity injections, and consumer apathy. But this system, like all empires, will fall.
Bitcoin does not care about your quarterly earnings. DeFi does not care about your brand equity. The warscape of the technology landscape will be leveled, and those who fail to adapt will be left behind as relics of a bygone era.
To paraphrase an old soldier, “If we don’t end fiat, fiat will end us.” But maybe that’s not such a bad thing. After all, the only businesses that will truly disappear are the ones that deserve to.
So, as the siege continues, the merchants of fiat have a choice: reinvent or die. But as anyone in DeFi will tell you, the smart money is already on the other side of the wall.
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@ 000002de:c05780a7
2025-01-16 00:15:54
I have had the same network setup for a long time now. Unifi stuff just works most of the time. I didn't really pick it. Its not open source and now that I have fiber and have been having some issues with some of the Unifi hardware its time to make the call.
Do I just upgrade with Unifi or start migrating to something more in line with what I value.
So I've been chatting with my very helpful colleges at Red Hat and after mentioning PfSense to them I was told to check out Opnsense instead.
1. I want to slowly move to 10g network gear
2. I need PoE switches that are 10g
3. I want a robust firewall / router
4. I don't really wanna build my router due to time
Currently looking at [Protectli Buyer’s Guide](https://kb.protectli.com/buyers-guide/) who sell hardware that is pre-installed with many options. I haven't decided which one to get yet. I wanna buy with the future in mind though so 10g connections are a must and support for two WAN connection is as well. I'm glad I ran CAT6 in my house years ago instead of cheaping out.
After I replace my router / firewall I will want to replace my Unifi switches. I'm considering buying used Cisco switches from eBay.
Anyone have any advice on this plan or advice?
originally posted at https://stacker.news/items/851922
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@ 16d11430:61640947
2025-01-15 22:03:41
By a Humble Admirer of Reason and Revelation
In an age where the digital and metaphysical intertwine, Bitcoin emerges as more than a mere technological marvel; it beckons us to contemplate the profound relationship between faith and truth. This inquiry, inspired by the works of great philosophers such as Immanuel Kant and Thomas Aquinas, seeks to explore the interplay between Bitcoin, faith, and the divine truth.
---
Faith and Rational Certainty
Faith, in its essence, is often misunderstood. It is not mere blind belief but a rational assent to truths that transcend empirical verification. Immanuel Kant argued that reason sets the boundaries of what we can know, yet it also reveals the necessity of postulating certain truths—God, freedom, and immortality—for the coherence of our moral universe. In Bitcoin, we find a parallel. The network operates on cryptographic principles, open source code, and decentralized consensus mechanisms. Its participants, however, exhibit a form of faith—not in a centralized authority, but in the immutability of its mathematical foundation.
This faith is not irrational but deeply rooted in trust. The nodes and miners who uphold Bitcoin's ledger act in fidelity to its rules, a collective acknowledgment of truth beyond subjective influence. Bitcoin, therefore, embodies a kind of secular faith, where trust in a system replaces reliance on human arbiters.
---
The Immutable Ledger and the Divine Truth
Thomas Aquinas viewed God as the ultimate source of truth, whose divine law orders the cosmos. In Bitcoin, one might see a reflection of this divine order—a man-made system aspiring to transcend corruption, deceit, and centralization. The blockchain is immutable, a ledger where each transaction is sealed in time, immune to revision or manipulation. This echoes the divine truth: unchanging, eternal, and knowable through reason.
Yet Bitcoin also confronts us with a humbling realization. It is not divine; it is a human construct. Its immutability is contingent, not absolute. But in its operation, Bitcoin mirrors humanity's yearning for divine justice—a world where truth cannot be falsified, where accountability is woven into the fabric of existence.
---
The Role of Freedom
Freedom is a cornerstone of both faith and Bitcoin. Kant posited that moral law requires the freedom to act according to reason. Bitcoin, too, is a system predicated on individual freedom: freedom to transact without intermediaries, to store wealth beyond the reach of coercion, and to participate in a global economy unshackled by geographic or political constraints.
This freedom, however, is not anarchic. It is bounded by Bitcoin's rules, much like moral freedom is bound by divine law. The protocol demands adherence to its principles; deviation leads to exclusion. Here, Bitcoin becomes a microcosm of the moral universe, where freedom and law coexist in a delicate balance.
---
Bitcoin as a Test of Faith
Bitcoin also demands faith in the unseen. Its cryptographic foundations are abstract and inaccessible to most. To trust Bitcoin, one must trust the mathematics and the consensus that govern it—a faith akin to the theologian's trust in the coherence of divine revelation. This faith is tested by volatility, uncertainty, and the constant threat of human error or malice. Yet, like the pilgrim who endures trials to affirm their belief, Bitcoin participants persevere, drawn by a vision of a more just and truthful economic order.
---
The Eschatological Impulse
Finally, Bitcoin invites us to consider the eschatological—the end of things and the ultimate fulfillment of truth. In Christian theology, history moves toward a final reconciliation of all things in God. Bitcoin, while temporal, shares an eschatological impulse: it envisions a world where financial systems are no longer instruments of oppression but tools of liberation.
This vision is imperfect, as all human endeavors are. But it gestures toward the divine truth that undergirds all creation: that justice, transparency, and freedom are not merely human aspirations but reflections of a higher order.
---
Conclusion: Faith in the Age of Bitcoin
Bitcoin is not divine, yet it draws us toward the divine truth. It is a testament to human ingenuity and our unrelenting quest for systems that reflect the eternal values of justice and truth. To place faith in Bitcoin is not to worship it but to acknowledge its potential as a tool—a reminder of what humanity can achieve when it aligns its efforts with principles of truth and freedom.
In the end, faith and Bitcoin converge in their reliance on truth. One points us to the heavens, the other to the blockchain, yet both call us to live in fidelity to what is unchanging, just, and true. Thus, Bitcoin becomes not merely a technology but a philosophical and spiritual phenomenon, challenging us to reflect on the relationship between faith, reason, and the divine.
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@ bf47c19e:c3d2573b
2025-01-15 21:44:03
[Originalni tekst na ecd.rs](https://ecd.rs/blog/istorija-rudarenja-bitkoina-od-nastanka-blokcejna-do-danas/)
###### 25.08.2020 / Autor: Marko Matanović
---
Istorija rudarenja bitkoina počinje ne toliko davne 2009. godine nastankom Bitkoin-a, odnosno od nastanka blokčejna kao tehnologije. U Satošijevom *[whitepaper-u](https://bitcoin.org/bitcoin.pdf)* spominje se pojam *[Proof-of-Work](https://ecd.rs/faqs/proof-of-work-pow/)* (PoW). U ovom sada već istorijskom dokumentu koji objašnjava funkcionisanje Bitkoin-a navodi se da će se Proof-of-Work sistem koristiti za validaciju blokova u Bitkoin blokčejnu (procesuiranje transakcija), a da bi [blok](https://ecd.rs/faqs/blok/) bio “potvrđen” potrebno je da se izdvoji određena procesorska snaga. U suštini *Proof-of-Work* obezbeđuje sigurnost blokčejna tako što zahteva od korisnika da uloži odredjenu količinu rada kako bi bio nagradjen i omogućava dodavanje novih validnih transakcija u blok.
Da bismo poslali transakciju na Bitkoin mreži potrebno je da platimo određeni transaction fee, tj. naknadu za obradu i [potvrđivanje](https://ecd.rs/faqs/konfirmacijaconfirmation/) same transakcije. Upravo ovaj transaction fee se distribuira rudarima kao podsticaj da rade svoj posao u najboljem interesu i po utvrđenim pravilima sistema, odnosno da koriste svoj hardver radi potvrđivanja (naših) transakcija na mreži. Transakcije sa većim izdvojenim transaction fee-jem će biti brže potvrđene na mreži jer će baš ta transakcija rudarima biti isplativija za potvrđivanje. Osim ove vrste transakcija rudari dobijaju i određenu [nagradu za svaki potvrđeni blok](https://ecd.rs/faqs/blok-nagrada/).
Trenutni block reward je 6.25 BTC-a po potvrđenom bloku. Ovaj iznos se deli među svim rudarima na mreži proporcionalno njihovom učinku, što znači da što je više rudara na mreži to je njihova pojedinačna nagrada manja jer je veća konkurencija. Sem toga što se nagrada smanjuje sa većom konkurencijom povećava se i težina rudarenja. Nagrada za Bitkoin se smanjuje na određenom broju izrudarenih blokova i svaki put je nova nagrada dva puta manja od prethodne. Ovo je u kripto zajednici poznatije kao “*[Bitcoin halving](https://ecd.rs/faqs/halving/)*” koji se odigrava otprilike na svake četiri godine, sa ciljem da svaki put upola umanji inflaciju samog bitkoina kako bi održao/povećao svoju vrednost.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_1024/https://ecd.rs/wp-content/uploads/2020/08/Grafik-Cene-bitkoina-i-nagrade-po-bloku-1024x487.png)
*Cene Bitkoina i nagrade po bloku*
Istorija rudarenja bitkoina se može podeliti u nekoliko era koje prate razvoj kripto industrije kao celine. Ove ere se razlikuju po hardveru koji se koristio za rudarenja. Ukoliko se pitate zašto je uopšte bilo potrebno menjati, odnosno pojačavati hardver koji se koristi – razlog je povećanje težine kopanja usled popularizacije kriptovaluta i rudarenja kriptovaluta tokom vremena. Svake godine bio je potreban sve jači i bolji hardver kako bi se rudarenje isplatilo, prvenstveno jer je konkurencija (bila) sve veća, i samim tim više učesnika deli nagradu koja je posledično manja. To uglavnom znači da nam treba jači hardver kako bismo, kao rudari, uradili što veći deo posla na validaciji svakog bloka i maksimalno povećali nagradu koja sledi.
Istorija rudarenja bitkoina uopšteno se može podeliti na nekoliko celina:
– **Era procesora** (2009 – 2010)
– **Era grafičkih kartica** (2010 – 2011)
– **Era FPGA kartica** (2011 – 2013)
– **Era ASIC uređaja** (2013 – 2020)
#### Era procesora (2009 – 2010)
Ovo je početna era rudarenja koju karateriše korišćenje procesora koji se mogu naći u bilo kom laptopu ili desktop računaru. [Prvobitna Satošijeva ideja](https://ecd.rs/blog/idejni-tvorac-bitkoina-misteriozni-satosi-nakamoto/) je bila da svako na mreži koristi svoj procesor za [rudarenje](https://ecd.rs/faqs/kripto-rudarenje/). Na početku ove ere rudarenje je pre svega bio veoma neobičan hobi. Satoši je želeo na taj način da bolje osigura stabilnost i sigurnost mreže. Prvi bitkoini koji su bili iskopani, bili su iskopani upravo pomoću procesora. Korišćen je sličan program kao program za mrežno otključavanje Nokia telefona zbog sličnog principa korišćenja SHA-256 funkcije za enkripciju. Svako ko je želeo je mogao da rudari bitkoin uz pomoć svog laptopa ili desktop računara.
Kako se sve više rudara priključivalo na mrežu i kako je postalo moguće zameniti prve bitkoine za [fiat novac](https://ecd.rs/faqs/fiat-novac/), javio se interesantan problem – procesori koji su u to vreme imali bolje performanse su mogli da izrudare više bitkoina, što ujedno znači da su bili profitabilniji. Sve više rudara je koristilo procesore jačih performansi što je rezultovalo povećanjem težine kopanja. Povećanje težine kopanja je značilo da su procesori slabijih performansi postali još manje isplativi, odnosno da će dobiti proporcionalno manje bitkoina. Ljudi koji su u ovo vreme rudarili na Bitkoin mreži su mogli na mesečnom nivou da zarade i više hiljada bitkoina u zavisnosti od tipa i broja procesora koji su koristili.
Naravno, tada je cena bitkoina bila višestruko manja nego što je sada. Bez obzira na malu cenu, određeni ljudi su uvideli potencijal u rudarenju i krenuli su sa nabavkom sve boljih i boljih procesora. Cilj je bio što isplativije rudarenje bitkoina sa što manjim ulaganjima. Na ovaj način smo dobili prve rudare i potpuno funkcionalnu Bitkoin mrežu.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_600/https://ecd.rs/wp-content/uploads/2020/08/AMD-Phenom-II-procesor-iz-2008.-godine.jpg)
*AMD Phenom II procesor iz 2008. godine*
#### Era grafičkih kartica (2010 – 2011)
Kako je potražnja za bitkoinom porasla, a on dostigao cenu od 10 centi u oktobru 2010. godine, pojavili su se prvi rudari koji su koristili grafičke kartice (GPU) za rudarenje umesto procesora. Pojedinci su otkrili da je ovaj način rudarenja mnogo efikasniji od rudarenja procesorom, a vest se brzo raširila. Za relativno kratko vreme težina kopanja je toliko porasla da se uopšte nije isplatilo kopati procesorom. Računari sa dobrom diskretnom grafičkom karticom koja se može koristiti za igranje video igara su ubrzo postale mašine za zaradu nove vrste digitalnog novca.
Tada je u svetu računarstva bila popularna opcija korišćenja dve grafičke kartice za bolje performanse u video igrama i programima koji su bili veoma zahtevni (npr. video produkcija ili 3D modelovanje), tako da je već postojala potrebna infrastruktura za rudarenje sa više grafičkih kartica. Što više grafičkih kartica u računaru to je zarada bila bolja. Ubrzo su se pojavili *[miningrig](https://ecd.rs/faqs/mining-rig/)*-ovi (računari specijalizovani za rudarenje) koji su imali od 4 do 8 grafičkih kartica. U početku ovo su bile po izgledu jako amaterski sklopljene mašine, ali su kasnije poprimile poseban i donekle standardizovan oblik.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_768/https://ecd.rs/wp-content/uploads/2020/08/Primer-izgleda-prvih-mining-rig-ova-768x496.jpg)
*Primer izgleda prvih mining rig-ova*
#### Era FPGA kartica (2011 – 2013)
FPGA je skraćeno od field-programmable gate array. Konkretan hardver je dizajniran tako da korisnik može naknadno da ga prilagodi za određeni zadatak. Karakteristika ovih uređaja je brzo izvršavanje konkretne vrste zadataka koje može biti i do dva puta efikasnije od izvršavanja istog zadatka pomoću grafičke kartice. Ovaj potencijal zaintrigirao je rudare tog doba i sredinom 2011. godine otpočelo je korišćenje ovog hardvera za potrebe rudarenja. Obzirom na to da FPGA uređaji nisu toliko jednostavni za korišćenje za razliku od grafičkih kartica i procesora, u početku nije bilo puno ljudi koji su rudarili pomoću ovih uređaja. Kako je softver za rudarenje uz pomoć FPGA uređaja postajao sve dostupniji, rastao je i broj ljudi koji su na ovaj način zarađivali svoje bitkoine.
Naravno, velika efikasnost ovih uređaja i činjenica da daju dva puta bolje rezultate od grafičkih kartica samo je dodatno doprinela povećanju težine kopanja bitkoina, ali nisu FPGA uređaji doveli do toga da [GPU](https://ecd.rs/faqs/gpu/) rudarenje postane istorija rudarenja bitkoina. Do toga su doveli [ASIC](https://ecd.rs/faqs/asic/) uređaji koji su stupili na scenu 2013. godine.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_748/https://ecd.rs/wp-content/uploads/2020/08/FPGA-ure%C4%91aj.jpg)
*FPGA uređaj*
#### Era ASIC uređaja (2013 – 2020)
ASIC uređaji su se prvi put pojavili 2013. godine i potpuno su preuzeli scenu rudarenja. Naime, ASIC je skraćeno od application-specific integrated circuit što znači da su ASIC uređaji posebno pravljeni za rešavanje jedne vrste zadatka. Mana ovog pristupa je to što se ASIC uređaji ne mogu koristiti ni za šta drugo osim za rudarenje uz pomoć određenog algoritma. Prednosti ovih uređaja su višestruko bolje performanse i veoma laka instalacija. Nije bilo potrebno razumeti se u hardver za korišćenje ASIC uređaja. Rudari bi samo naručili ove mašine i uključili ih. Odjednom svako je mogao da rudari na Bitkoin mreži uz minimalan trud. To je rezultiralo povećanjem težine kopanja do te mere da su svi prethodno navedeni načini rudarenja postali (skoro) potpuno neisplativi za kopanje bitkoina.
Istorija rudarenja bitkoina pamti nekoliko firmi koje su se bavile prozvodnjom ASIC uređaja među kojima je i današnji gigant Bitmain. Trka za najboljim ASIC uređajem je dovela do gašenja velikog broja firmi jer su samo firme sa kompetentim proizvodom mogle da opstanu na tržištu. Što je veći broj određenog modela bio proizveden, to su troškovi njegove proizvodnje bili manji, tako da manje firme nisu imale puno šanse da opstanu kao ozbiljni konkurenti u ponudi uređaja rudarima.
Prvi ASIC-i su bili u obliku USB uređaja. Bili su bez ventilatora, bez buke i uz minimalnu potrošnju struje. Rudari su ubrzo krenuli da prave prve farme za rudarenje uz pomoć ovih malih uređaja – nekoliko desetina njih povezanih na isti računar uz pomoć USB hub-ova davali su maksimalne performanse. Sa porastom težine kopanja, sve bolji i bolji ASIC-i su zauzimali svoja mesta u garažama i skladištima rudara dok su stari bili prodavani po znatno manjim cenama.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_768/https://ecd.rs/wp-content/uploads/2020/08/Prve-ASIC-farme-768x576.jpg)
*Prve ASIC farme*
ASIC uređaji su se razvijali kako je potreba za sve jačim mašinama rasla. Ova era i dalje traje, a ASIC uređaji danas pružaju nekoliko hiljada puta bolje performanse od prvih procesora koji su bili korišćeni 2009. godine. Nove generacije ASIC-a su uvek veoma isplative, ali treba uzeti u obzir i veoma veliku cenu novih ASIC uređaja kao i činjenicu da novi modeli izlaze na svakih nekoliko meseci što smanjuje profitabilnost starih modela.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_768/https://ecd.rs/wp-content/uploads/2020/08/Izgled-dana%C5%A1njeg-ASIC-ure%C4%91aja-768x511.jpg)
*Izgled današnjeg ASIC uređaja*
Ovi uređaji će ostati dominantni na sceni Bitkoin rudarenja i nema naznaka da će se to promeniti u skorije vreme. U sledećem blogu o rudarenju bitkoina i kriptovaluta uopšte ćemo proći kroz način(e) za postavljanje rig-a za rudarenje i trenutno dostupne opcije na domaćem tržištu. Takođe ćemo pokriti određene modele i procene profitabilnosti rudarenja bitkoina u 2020-oj godini.
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@ 7f2d6fd6:64710921
2025-01-15 21:17:01
Tendrils of mist clung to the gnarled trees, casting an otherworldly pall over the ancient forest. In the heart of this spectral woodland, a being of unspeakable horror lurked, its very existence a blight upon the natural order.
They called it the Shrouded Watcher - a faceless spectre draped in tattered robes of ebony, its empty cowl concealing an abyss of dark power. For those rare few who had glimpsed its dread form, the memory was seared into their minds, a vision of pure, unadulterated terror.
The Shrouded Watcher's origins were shrouded in mystery, lost to the mists of a bygone age. Some whispered that it had once been a mortal man, corrupted by forbidden knowledge and a thirst for unholy power. Others claimed it was a manifestation of the forest's own malevolent spirit, a physical embodiment of the darkness that permeated this cursed place.
Whatever its true nature, the Watcher guarded jealously the arcane secrets of the woods, unleashing its wrath upon any who dared to trespass. Mortal flesh could not withstand the touch of its spectral form, for its very presence was a blight upon the living. Those who gazed into its soulless cowl were driven mad, their sanity shattered by the sheer weight of its malevolent power.
In the deepest, most remote reaches of the forest, where the trees grew twisted and gnarled, the Watcher kept its eternal vigil. Its presence was heralded by a bone-chilling chill that crept through the air, a sensation of being watched by unseen eyes. And woe betide the unfortunate soul who heard the distant, unearthly wail that echoed between the ancient trunks - for it signaled the Watcher's approach, and the imminent arrival of a fate worse than death.
None dared to challenge the Shrouded Watcher, for it was a creature born of the darkest corners of the human psyche, a manifestation of our deepest, most primal fears. To confront it was to stare into the abyss, to risk being consumed by the very essence of terror itself.
And so the Watcher remained, a sentinel of the forest's arcane secrets, its true nature forever hidden beneath the folds of its ebony shroud. Those who ventured too deeply into the woods would never return, their broken forms left to rot as a grim warning to all who would dare to uncover the mysteries of this accursed place.
![image](https://64.media.tumblr.com/d00402c4c76aeb9522da02e7b79e89d3/15ff4767c473cedf-40/s540x810/c25a1606178d5465d646e866b163ed0ced9c7db8.jpg)
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@ 7f2d6fd6:64710921
2025-01-15 21:16:48
Deep within the ancient, foreboding forest, where the canopy of twisted oaks blotted out the sun's light, a being of immense power and arcane knowledge dwelled in solitude. Geldar the Wizard, a diminutive yet formidable figure, had made this dark woodland his domain, guarding its myriad secrets from the prying eyes of mortal men.
For centuries, Geldar had studied the occult lore of the elder races, delving into the forbidden knowledge of realms beyond the ken of common folk. His small but agile form belied the potent sorcery that coursed through his veins, a legacy of his elven heritage intertwined with darker, more primal energies.
Now, as he moved silently through the shadowed trees, Geldar could sense a disturbance in the delicate balance of his woodland sanctuary. Some trespasser had breached the arcane wards that cloaked his hidden abode, drawn perhaps by rumors of the ancient power that slumbered within.
With a subtle gesture of his gnarled, spidery hands, Geldar conjured a shimmering orb of eldritch light, its eerie radiance illuminating the gnarled trees that crowded around him. His sharp, elfin features were set in a stern expression as he scanned the gloom, searching for any sign of the intruder.
Suddenly, a movement in the periphery of his vision - a fleeting shadow darting between the twisted trunks. Geldar's eyes narrowed, and with a muttered incantation, he unleashed a burst of arcane energy that lanced through the forest. The spell struck true, and a strangled cry echoed through the trees as the hapless trespasser was ensnared in a web of sorcerous energy.
Gliding forward on silent feet, Geldar approached the struggling form, his expression inscrutable. "So, another foolhardy mortal has dared to trespass in my domain," he murmured, his voice a soft, rasping whisper. "You have stirred the wrath of the ancients, human. Now you shall face the consequences of your folly."
With a dismissive gesture, Geldar wove a new spell, his fingers tracing intricate patterns in the air. The captive's cries grew more frantic as dark tendrils of power began to envelop him, slowly draining the life from his body.
As the last vestiges of the man's life force ebbed away, Geldar allowed himself a thin, humorless smile. "The forest keeps its secrets well," he murmured, his gaze sweeping the surrounding gloom. "And I shall ensure that no others dare to uncover them."
Turning, the diminutive wizard melted back into the shadows, his arcane power once more cloaking the ancient woodland in its impenetrable veil of mystery and dread.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/7f2d6fd62e87e2aaad8256d1bfee1f01eef1366d0c08c4bb74b0801464710921/files/1736884404665-YAKIHONNES3.jpg)
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@ 7f2d6fd6:64710921
2025-01-15 21:16:25
The ancient forest whispered with the echoes of a dark and terrible power - a presence that had endured for untold centuries, its malevolent influence seeping into the very fabric of the woodland. And at the heart of this spectral domain, enthroned amidst the gnarled roots and twisted trees, sat the Lich Queen.
Her name had been lost to the ravages of time, but the aura of dread and reverence that surrounded her was undeniable. Clad in robes of ebony and bone, her skeletal visage adorned with a crown of spiked obsidian, she radiated an aura of primal, unnatural might. Around her neck hung an amulet of immense power, its gemstone glowing with an eldritch light that cast her pale features in an unearthly glow.
The Lich Queen's origins were shrouded in mystery, whispers of a dark pact made long ago with forces beyond mortal understanding. It was said that she had once been a mortal sorceress, driven by ambition and a thirst for knowledge to delve into the most forbidden realms of magic. But in her quest for power, she had crossed a line, bartering her very soul to attain the gift of immortality.
Now, as the centuries passed, she sat enthroned in her domain, her skeletal minions and nightmarish abominations ever at her command. Her icy gaze swept the forest with a detached, predatory hunger, as if searching for the next unfortunate soul to fall victim to her machinations.
For those who dared to trespass in her domain, the Lich Queen's wrath was a fate worse than death. With a casual gesture, she could summon legions of undead horrors to tear the intruder apart, their agonized screams echoing through the shadowed trees. And for those who managed to flee her presence, the torment was far from over - for the Lich Queen's curse would haunt their every step, slowly draining the life from their bodies until they succumbed to the eternal embrace of the grave.
None dared to challenge the Lich Queen's dominion over the forest, for her power was absolute and her hunger for arcane knowledge insatiable. Even the Shrouded Watcher, that dread specter of the woods, was said to cower in her presence, for the Lich Queen commanded forces beyond the understanding of mortal men.
And so the ancient forest remained a realm of shadow and terror, its secrets guarded by the Lich Queen and her unholy retinue. Those who ventured too deep into the woods, drawn by tales of forgotten treasures or ancient lore, would never return - their fates sealed by the unyielding grip of the Lich Queen's power.
![image](https://64.media.tumblr.com/eb9cdbbc89721be6e141fa7937ad5be2/0e9b3b65a8377536-a6/s1280x1920/270fb871a33a43daabf346078e7ac25170533728.jpg)
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@ 7f2d6fd6:64710921
2025-01-15 21:16:06
Deep within the ancient forest, a dark and unearthly power held sway - a triumvirate of malevolent entities that commanded the respect and fear of all who dared to trespass in their domain.
At the center of this unholy alliance was the Lich Queen, her skeletal visage adorned with a crown of obsidian and the amulet of power that was the source of her immortal, arcane might. Enthroned amidst the gnarled roots and twisted trees, she reigned over the forest's denizens with an iron fist, her icy gaze sweeping the shadows for any sign of intrusion or defiance.
Arrayed at her sides were two other figures of pure terror - the Shrouded Watcher, a faceless spectre draped in tattered robes of ebony, and the elven wizard who had made a pact with the very essence of the forest itself. Together, this unholy triumvirate maintained an uneasy balance of power, each entity commanding its own dominion within the woodland.
The Shrouded Watcher, its empty cowl concealing untold horrors, was the guardian of the forest's most ancient and treacherous secrets. Its mere presence was enough to drive mortals to the brink of madness, and its spectral touch could shatter the sanity of even the bravest of souls. None dared to trespass in the deepest, most remote reaches of the woods, for that was the Watcher's domain.
And yet, even the Watcher's dread power paled in comparison to the Lich Queen's command of necromantic sorcery. With a mere gesture, she could summon legions of undead horrors to tear apart any who dared to challenge her rule. Her curse could slowly drain the life from the most stalwart of warriors, leaving them to rot as grim warnings to all who would seek to uncover the forest's darkest mysteries.
But the elven wizard, with his intimate connection to the very spirit of the woodland, was no less a force to be reckoned with. His arcane knowledge granted him the ability to manipulate the natural world, summoning vines and roots to ensnare and entrap any who would dare to trespass. And his mastery of illusion and deception made him a cunning and elusive adversary, able to lure the unwary deeper into the forest's shadowed embrace.
Together, this unholy triumvirate maintained a fragile balance of power, each entity jealously guarding its own domain and secrets. Should one of them fall, the others would surely seek to claim the vacant throne, unleashing a cataclysmic struggle for supremacy that would plunge the forest into an era of unimaginable darkness and terror.
None dared to challenge this unholy alliance, for to do so would be to invite the wrath of forces beyond mortal comprehension. The forest remained a realm of shadow and dread, its secrets guarded by the Lich Queen, the Shrouded Watcher, and the elven wizard - a triumvirate of pure, unadulterated evil that would brook no intrusion or defiance.
![image](https://64.media.tumblr.com/e48215646b3f7b18f07c8464d81aecb6/d4fa73c2b2adea9b-1d/s540x810/b9392105e09cb3037dab1ea11626a8882d15946b.jpg)
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@ 3ad01248:962d8a07
2025-01-15 19:03:50
I know with the hype around Trump's election victory and the pro-Bitcoin people that he has surrounded himself with as of late, the idea of a Bitcoin Strategy Reserve or BSR is an intoxicating idea among many Bitcoiners.
I don't blame Bitcoiners from being happy about it, how can you not be? After enduring the last 4 years of vicious crackdown, arbitrary rules from the SEC and outright hostility to the Bitcoin community in general it is nice to have an administration that is simply nice to us and wants to leave the community alone to do it own thing.
While I am excited to see what a new Trump administration looks like for Bitcoin over the next four years, I am not onboard with a BSR. I think that the BSR is bad policy and supports the system that we are trying escape from in the first place.
In my opinion I believe a BSR signals to the world that the government doesn't believe in its own currency or its ability to reign their spending problem. Even the mere signaling that America is going to create a BSR has sent other countries scrambling to create one of their own. This is incredibly bad news for the US bond market.
[Who are the buyers of US bonds right now?](https://www.reuters.com/markets/rates-bonds/bond-vigilante-pimco-trims-long-term-us-sovereign-debt-holdings-2024-12-09/) A huge component of the market is foreign governments.[ Even though they have been less willing to buy US bonds over the last couple of decades most governments are still in the market buying up US debt. ](https://wolfstreet.com/2024/10/19/which-foreign-countries-bought-the-recklessly-ballooning-us-debt-increasingly-crucial-question-many-piled-it-up-cleanest-dirty-shirt/)
Now imagine of these foreign buyers start buying Bitcoin in small amounts at first and slowly scale into Bitcoin in a big way once they see the insane price action. They will FINALLY get it and once that happens its over the dollar. This is a gradually then suddenly like moment that no one is ready for at the moment.
So if you take way the foreign buyer of US bonds, who are you left with? The Federal Reserve. Having the Federal Reserve directly buying up government debt is huge sign of monetization of the debt to the world and doesn't bode well for the future of America or the world.
As you can see setting up a BSR would be highly destabilizing in the short term and could create a whole slew of knock on effects that no one is prepared or equipped to deal with.
In addition to destabilizing an already fragile economic environment, why do we want this big ass government to have Bitcoin in the first place? So they can keep on oppressing the working man/woman, crushing innovation and generally being a tick on the back of the private sector? How about we not empower them to keep spying on us and the world.
I want to live in a world where war impose heavy costs on leaders and governments and peace is the default setting of the world. Governments using Bitcoin to prop up their tyrannical ways is not why Bitcoin was created. You know that. I know that. The rest of the world should know that.
Bitcoin was created as an electronic p2p system that allows anyone to transact regardless of artificial borders or political differences. Bitcoin allows anyone to transact globally without the grubby hands of the government trying to take a cut. We need less government, not more.
I'm personally not a fan of governments or big money institutions getting into Bitcoin as I feel its like letting the fox into the hen house but that ship has sailed. The best we can hope for now is to create enough individual adoption that it makes it hard for governments to get a large amount of Bitcoin so they can act as a check on the accumulation of Bitcoin.
HODL culture is needed now more than ever. Don't hand over your Bitcoin to tyrants. Stack sats. HODL. Create the change you want to see in the world.
-
@ c21b1a6c:0cd4d170
2025-01-15 18:04:31
Hello everyone, as part of the nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f grant I have to write a progress report for Formstr, I thought I'll use this opportunity to do a nostr blog! , Something I've been meaning to do for sometime, hopefully I don't bore you.
## Introduction
There was a lot of work ahead of us even before we got the grant, and we tried to tackle it heads on.
We completely changed the underlying mechanism of storing and fetching forms. Whereas previously a form was a kind 0 event, same as a profile event. The form is now created and responded to in the mechanism as outlined in the [Forms NIP](https://github.com/nostr-protocol/nips/pull/1190/files). This had to be done while making sure that none of the older forms broke during the process. The new specification helps streamline the forms usecase to expand to access control, private forms, upgrade to nip44 encryption.
Some of these features existed as Proofs of Concepts prior to this quarters work, the major tasks were to streamline and production-ize them, to be able to release it to the public. We were also joined by nostr:npub1vf6wyw9j38sm96vwfekwvqxucr9jutqrmwdc2qnql79a66al9fzsuvt9ys who along with nostr:npub15gkmu50rcuv6mzevmslyllppwmeqxulnqfak0gwud3hfwmau6mvqqnpfvg helped move the project along.
## How did we spend our time.
Released a major Formstr Update (16/12/204): - [Release PR](https://github.com/abhay-raizada/nostr-forms/pull/157):
This Release Contained The Following Changelog:
- Move Form Creation and Rendering to New Event
- Upgrade Response Encryption to NIP-44.
- Add Ability to create private forms.
- Add ability to send private form access as Gift Wraps.
- Create a new dashboard UI to incorporate new form types.
- Add ability to login to formstr
- Use naddr to encode form Urls instead of pubkey(centralized).
Work done to production-ize these features can be found in the following PRs:
1. [Save forms to local device automatically](https://github.com/abhay-raizada/nostr-forms/pull/176)
2. [Ability to remove participants in Access Control UI](https://github.com/abhay-raizada/nostr-forms/pull/178)
3. [Revamp Responses Page according to NIP-101](https://github.com/abhay-raizada/nostr-forms/pull/181/files)
4. [Add a "My Forms" Section on the dashboard](https://github.com/abhay-raizada/nostr-forms/pull/188)
5. [Add UI for Inserting Images](https://github.com/abhay-raizada/nostr-forms/pull/183)
6. [Using Naddr Instead of pubkey as formId](https://github.com/abhay-raizada/nostr-forms/pull/180)
In addition to these there were multiple bugfixes and patches that I've excluded for brevity.
## Major Challenges
We were in "beta hell" for a long time, even though I had finished rudimentary versions of each of the features in advance (some to test the viability of the forms NIP). Incorporating them into the running version proved to be a challenge. We realized that some of the features required major UI changes, and a lot of new features broke previously working desirable features such as NIP-04 Notifications. A lot of [work](https://github.com/abhay-raizada/nostr-forms/pull/157/commits/4ce6970b09e7728004ccdeb058efb2b58dd96ef0) like this had to be done to ensure formstr brought in new features while continuing to work exactly as old users liked it.
## What's left and what's coming?
From the wish-list items I had committed during the application a few major ones remain:
- Edit Past Forms.
- Paid Surveys.
- Support for NIP-42 Private Relays.
- Conditional Rendering of form fields
- Sections
Of these I'm happy to report that we've already begun work on conditional rendering of fields (https://github.com/abhay-raizada/nostr-forms/pull/199)
## What is de-prioritized?
Going with experiences from quarter 1, we are de-prioritizing Formstr Integrations with 3rd party services like Ollama (Self Sovereign AI) and business tools like Slack, Notion etc. We'll try to get to it, but it's less of a priority compared to other features!
## How the funds were used.
- Paying Individual Contributors for PRs submitted.
- Living Expenses
-
@ 8b9eb61d:09434328
2025-01-15 17:42:17
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**Why Choose Natural Supplements for Your Health**?
At TESTO - Herbal Vitality, we believe in the power of natural ingredients to support men’s wellness. Our products, including [vitamins that support testosterone](https://www.testo.co.nz/), libido supplements in NZ, and horny goat weed for men, are designed to provide safe, effective solutions for boosting vitality, energy, and sexual health.
By integrating these supplements into your routine, you’re taking steps toward improved wellness and a healthier lifestyle. We use high-quality, natural ingredients to ensure you receive the best possible results without harmful side effects.
Start your journey toward revitalisation with TESTO and enjoy the benefits of natural, holistic wellness. Whether you're aiming to boost your testosterone levels, support your libido, or enhance your overall vitality, we have the right solutions for you.
-
@ e968e50b:db2a803a
2025-01-15 16:59:56
I feel like I'm just full of newbie questions for stacker news this week. Sorry.
I recently took the killer [pleb devs courses](https://plebdevs.com/) and now confidently feel like I have some programming skills kinda-sorta (the classes are great, but I was starting from 0) under my belt. My end goal was to stick it to the man and be a part of the bitcoin revolution. That said, I've made a couple of projects that I really want to share with more folks, but would like to actually make them into cooler sites.
For my actual long-term business, I've been renting a domain name for decades and never thought too much about it since it was a business expense and I really didn't care what happened to it after I was gone. However, for these fun coding projects, I wanted to get a domain so that everything doesn't end in .onrender or .vercel.app and I assumed that since I was using a more silly name, it'd be cheap to just by something forever. But that doesn't seem to be the case. In fact...as most of you know...but which is news to me, you can't actually buy domains forever at all. Am I correct about this? If so, doesn't that mean the whole decentralized nature of the internet is a sham? I'm feeling very confused and not finding much helpful info.
My goal is to buy a landing page for a bunch of bitcoin-themed games I've built (something like bitcoingames.stupid) and my [nostrminusnostr](https://nostrminusnostr.vercel.app/) client, something like nostrminusnostr.nostr. Anyway, I found some stuff in the range I'd be willing to spend on Vercel, but am just a little confused how domain hosting actually works.
originally posted at https://stacker.news/items/851425
-
@ f9c0ea75:44e849f4
2025-01-15 16:42:53
Em 2007, o Brasil comemorava o fim da CPMF (Contribuição Provisória sobre Movimentação Financeira), um imposto que, embora "temporário", durou 10 anos e arrecadou centenas de bilhões de reais. Na época, o governo afirmava que a contribuição era necessária para financiar a saúde pública, mas, na prática, foi mais um peso sobre o cidadão e as empresas.
Agora, quase duas décadas depois, o cenário está mudando novamente. O monitoramento financeiro da Receita Federal sobre transações acima de R$ 5 mil e a implementação do DREX, a moeda digital programável do Banco Central, sugerem que o controle sobre o dinheiro nunca foi tão grande.
A pergunta que fica é: será que estamos caminhando para uma nova CPMF, só que digital e automatizada?
---
### **O Passado: CPMF e o Controle Estatal sobre o Dinheiro**
\
A CPMF nasceu sob o pretexto de ser um imposto temporário, com uma alíquota pequena (inicialmente 0,20%, depois 0,38%) que incidiria sobre qualquer movimentação bancária. Seu objetivo oficial era financiar a saúde, mas a verdade é que o governo encontrou nela uma mina de ouro de arrecadação, garantindo bilhões de reais anualmente.
Os problemas começaram a aparecer rapidamente:
1. O custo era repassado aos preços dos produtos e serviços, afetando toda a economia.
2. Empresas e cidadãos pagavam sobre transações repetidas, tornando a carga tributária ainda maior.
3. O dinheiro não foi totalmente para a saúde, sendo usado para tapar buracos no orçamento.
4. A promessa de temporariedade caiu por terra, e a CPMF durou uma década.
5. O governo insistia que não existia outro jeito de arrecadar sem essa cobrança, mas, quando foi extinta, nada desmoronou. Só ficou mais difícil tributar o cidadão sem que ele percebesse.
Agora, vemos novos mecanismos de controle financeiro surgindo. O argumento é o mesmo: transparência, combate à sonegação e otimização da arrecadação. Mas será que é só isso?
---
### **O Presente: Receita Federal Fecha o Cerco sobre Suas Transações**
\
A partir de 2025, qualquer movimentação acima de R$ 5 mil para pessoas físicas e R$ 15 mil para empresas será automaticamente informada à Receita Federal. Isso significa que se você fizer uma transferência maior que esse valor, o governo já saberá sem precisar pedir dados ao banco.
Oficialmente, essa medida não implica na criação de um novo imposto. Mas, se a história nos ensina algo, é que governos não implementam esse nível de monitoramento à toa. Algumas questões que surgem:
- Se não é para tributar, por que monitorar tão de perto?
- Se a CPMF foi extinta, por que voltamos a um sistema de rastreamento financeiro tão intrusivo?
- Esse é só um primeiro passo para um imposto automático sobre movimentações digitais?
---
### **O Futuro: DREX e a Automação da Tributação**
\
O DREX, a versão digital do real, será um grande passo para o controle financeiro estatal. Diferente do Pix, que apenas facilita transferências, o DREX permite que o Banco Central programe e rastreie cada centavo movimentado.
E o que isso significa para o cidadão comum?
- Pagamentos e tributações automáticas: um sistema de split payment poderia fazer com que impostos fossem cobrados diretamente na fonte, sem a necessidade de declarações ou boletos.
- Controle total sobre transações: diferente do dinheiro físico, que circula sem monitoramento, o DREX permitirá ao governo rastrear qualquer pagamento, em tempo real.
- Possibilidade de limitação de uso: com uma moeda programável, poderia haver restrições sobre onde, quando e como você pode gastar seu dinheiro.
O Banco Central e a Receita Federal garantem que não há planos de usar o DREX para tributação compulsória, mas a CPMF também começou assim: como algo temporário, necessário e inofensivo.
---
### **Estamos Caminhando para uma Nova CPMF Digital?**
\
Se analisarmos a trajetória do governo na questão tributária, fica claro que:
- Primeiro, nega-se qualquer imposto novo.
- Depois, implementa-se um sistema de monitoramento, supostamente para "combater fraudes".
- Por fim, a tributação é introduzida sob a justificativa de que "não há outra saída". A CPMF só funcionou porque o dinheiro passava pelo sistema bancário e era fácil de rastrear. Agora, com o DREX e o monitoramento da Receita, o governo não precisaria nem de um imposto explícito para tributar transações—ele poderia simplesmente automatizar a cobrança diretamente na moeda digital.
O que antes dependia de aprovação no Congresso e resistência da população, pode agora ser feito com um simples ajuste de software no Banco Central.
O governo diz que isso não está nos planos. Mas se olharmos para trás, essa é exatamente a mesma narrativa que ouvimos antes da CPMF entrar em vigor.
---
### **Seu Dinheiro, Seu Controle?**
\
O Brasil está entrando em uma nova era financeira. O monitoramento de grandes transações e a implementação do DREX podem representar um avanço na transparência e na eficiência econômica, mas também criam um risco real de perda de liberdade financeira e tributação automatizada.
O que aconteceu com a CPMF deve servir de lição: o que começa como uma simples ferramenta de arrecadação pode se transformar em um peso permanente sobre o cidadão.
Se o governo tiver a tecnologia e a infraestrutura para tributar automaticamente, quanto tempo levará até que eles resolvam usá-la?
-
@ 8d34bd24:414be32b
2025-01-15 16:29:24
Many times people wonder “Why do we have to obey God?” or “Why should we submit to Jesus’s lordship?” or “Why is Jesus the only way to Heaven?” Although there are many reasons, they can all be summarized in Him being our creator.
Today, I was listening to “The End Times” podcast with Mark Hitchcock and he was discussing Revelation chapter 4. Among other things, he read this passage:
> And the four living creatures, each one of them having six wings, are full of eyes around and within; and day and night they do not cease to say,
>
> “**Holy, holy, holy is the Lord God, the Almighty, who was and who is and who is to come**.”
>
> And when the living creatures give glory and honor and thanks to Him who sits on the throne, to Him who lives forever and ever, the twenty-four elders will fall down before Him who sits on the throne, and will worship Him who lives forever and ever, and will cast their crowns before the throne, saying,
>
> “**Worthy are You, our Lord and our God, to receive glory and honor and power; for You created all things, and because of Your will they existed, and were created**.” (Revelation 4:8-11) {emphasis mine}
God deserves our worship and our obedience because He is our creator. As creator, He has the right to command us to obey. Also as creator, He knows what is best for us because He created us and everything around us. He created us with a purpose and we will never know complete joy and peace until we obey Him and work according to the purpose He created us to fulfill.
If God was just a superhero type God, who was stronger and smarter than us, then He wouldn’t have a right to authority over us. Because He created us, He does. People questioning God’s authority to define right and wrong has existed throughout history. Isaiah addressed this complaint in the Old Testament:
> “Woe to the one who quarrels with his Maker—\
> An earthenware vessel among the vessels of earth!\
> Will the clay say to the potter, ‘What are you doing?’\
> Or the thing you are making say, ‘He has no hands’? (Isaiah 45:9)
In the New Testament, Paul goes into even more details on God’s right and authority:
> On the contrary, who are you, O man, who answers back to God? The thing molded will not say to the molder, “Why did you make me like this,” will it? Or does not the potter have a right over the clay, to make from the same lump one vessel for honorable use and another for common use? What if God, although willing to demonstrate His wrath and to make His power known, endured with much patience vessels of wrath prepared for destruction? And He did so to make known the riches of His glory upon vessels of mercy, which He prepared beforehand for glory, even us, whom He also called, not from among Jews only, but also from among Gentiles. (Romans 9:20-24)
The one who creates something has the right to do what he wants with his creation, whether using it for honor, for dishonor, or for destruction. The creator has the right to say how his creation will be used and for what purpose it will be used. No one, especially the created creature, has a right to question that authority. We question God’s authority and His truth because we do not have nearly a high enough view of God.
> **You turn things around!**\
> Shall the potter be considered as equal with the clay,\
> That what is made would say to its maker, “He did not make me”;\
> Or what is formed say to him who formed it, “He has no understanding”? (Isaiah 29:16) {emphasis mine}
Read this verse again. Anyone who is formed, who says to the one who formed it, “*He has not understanding*,” has completely turned their thinking upside down. This is foolish thinking.
God deserves our thanks, our worship, and our obedience because He created us. Without Him we would never have existed. God is good! All of the time!
> “**Worthy are You, our Lord and our God, to receive glory and honor and power; for You created all things, and because of Your will they existed, and were created**.” (Revelation 4:11) {emphasis mine}
Because I see so many people treat God in such a low manner, I tend to accentuate His holiness and His authority. That doesn’t mean that the God of the Bible is a distant taskmaster far away sitting waiting to punish anyone who strays from the exact path He has called them to walk. He is loving, kind, and merciful, too.
God is referred to as Father for a reason. A father of a youngster is feared by the child, but that child also leans on his father for protection, love, and direction. Although the father has the authority and the power to punish or make demands, a loving father does what is best for the child. The best may be a punishment for doing wrong or just allowing the child to fail, but the father’s protecting hand is always there preventing any major harm. The discomfort that is allowed is for the good of the child. It guides the child in the path that will most benefit the child in the long run even if the child is very unhappy with the father’s actions at the moment. Most of the time, when the child grows up, they come to understand and appreciate their parents’ actions. The God of the Bible is the heavenly Father of each and every believer and so much more loving, more wise, and more powerful than any earthly father.
Trust Jesus.\
\
your sister in Christ,
Christy
FYI, Right after writing this post, I read this article on a related subject. It is a hard truth, like the one I shared, but worth embracing, if you have time, check it out
![](https://substackcdn.com/image/fetch/w_56,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2db0efaa-4d4f-431c-b6b9-c7073aca7885_1280x1280.png)[The Not So Political Protestant](https://thenotsopoliticalprotestant.substack.com/p/could-oppression-be-gods-wonderful?utm_source=substack&utm_campaign=post_embed&utm_medium=web)
[Could Oppression Be God's Wonderful Plan for Your Life?](https://thenotsopoliticalprotestant.substack.com/p/could-oppression-be-gods-wonderful?utm_source=substack&utm_campaign=post_embed&utm_medium=web)
[Hey guys, it's Lee. Thanks for stopping by The Not So Political Protestant, a publication dedicated to correcting the course of the American church in regard to politics and its place in the lives of Christians. The Not So Political Protestant is here to call God's people back to sanity and repentance because, as citizens of another world, we should liv…](https://thenotsopoliticalprotestant.substack.com/p/could-oppression-be-gods-wonderful?utm_source=substack&utm_campaign=post_embed&utm_medium=web)
[Read more](https://thenotsopoliticalprotestant.substack.com/p/could-oppression-be-gods-wonderful?utm_source=substack&utm_campaign=post_embed&utm_medium=web)
[a month ago · 3 likes · 3 comments · Lee Lumley](https://thenotsopoliticalprotestant.substack.com/p/could-oppression-be-gods-wonderful?utm_source=substack&utm_campaign=post_embed&utm_medium=web)
Bible verses are NASB (New American Standard Bible) 1995 edition unless otherwise stated
-
@ 3eacaa76:bac66fe4
2025-01-15 16:25:13
Few days back this track get on Top of list on #wavlake.
It's nice , but not a point. at all.
> The message is clear. like Real Talk should be !
We know, specialy on #nostr, that solutions are available. However, the world is not yet aware of them.
100% of the donations for this remix will be sent to my friend [Yusef]( https://x.com/Yusef_Mahmoud1) who is on the ground and has been providing food, water, and shelter for children in Gaza even before or the psyop with October 07 took a place. Israel has enforced a blockade on Gaza for over decade. And Just past year completly destroyed 90% of land.
Like to the ground , no schools , no hospitals ... hard to find anything what surrvived those daily airstrikes without 1h of pause since 350 days. WTF
It's heartbreaking to see children dying daily in houreds and the lack of action from the public and authorities of other nations. The statistics are alarming, and it's essential to address this issue and find ways to make progress. it's crucial to raise awareness and take action to prevent further tragedies. Let's remember that every child's life is precious and deserves our attention and support.
In most apocaliptic condition , where is-real controling all money supply (check lastest news about banknotes in there) , the #Bitcoin is one and only solution can help them in daily bases. It was helping them before with great succes. Why you ask ? becuse even if they close all platforms You can still send them some sats.
> How fookin cool is that !!
I know it doesn't sound funny.
Those People pushed to the limit , now they have a tool that fulfills exactly what was created for A Peer-to-Peer Electronic Cash System.
```
No Middle man .
```
```
On the middle is only a finger whitch **WE the PEOPLE**
can give to those Scumbagz in Goverments and Banks, Full stop.
```
Many people are only recently realizing the truth about Gaza being an open-air prison from like 75 years. Not 3, not 5 or even 20 ..... but ***seventy five fookin years***.
This music mix was created to share the truth and provoke to critical thinking, which has been lacking for the past decade. and even more.
I wonder why we can watch live streams of the ongoing genocide in 4K HD and stil be silent. not all but many.
Why are we surprised that normies don't understand ***Bitcoin*** and still use **fiat** shit currency? Whitch is fudament of All war crimes. We should ask ourselves.
> Our own ignorance and the banking system are the cancers of this world.
### If we lose Palestine, we will lose much more than we think.
You will be next - One way or another
Thank you for your support, not for me but for those in need who can gain hope from our efforts.
Respect to you all.
![image]( https://yakihonne.s3.ap-east-1.amazonaws.com/3eacaa768326d7dce80f6ee17ada199bebe7eb3c1a60b39b14e0a58bbac66fe4/files/1727022113030-YAKIHONNES3.webp)
[LISTEN HERE]( https://wavlake.com/album/c980c860-9102-49bb-9fef-bdf0a270486d) and suport directly in upper links
#FreePalestine
Thanks
be blessed
MadMunky
-
@ 5bdb0e24:0ccbebd7
2025-01-15 15:44:04
I am a huge fan of Flatpak applications on Linux. I like how they work. I like how easy they are to install. I like how you can control their permissions with such granularity. Etc.
Well now, I have yet another reason to love Flatpaks: easy installation reproducibility. Let me show you what I mean.
---
Let's say you have been using Flatpaks for a while, and you have all the apps you could want installed on your system.
Then, for whatever reason, you have to set up an OS on a new machine. For example, it could be that a new version of Ubuntu is about to drop, and you want to install it from scratch on your laptop.
Well, now you can easily install all the Flatpaks that you use and love on that new OS with just a few commands.
First, on your current machine, we want to list out all the installed Flatpaks. But, we don't want to just do it with a `flatpak list`, because that gives us too much information.
All we want right now is a list of the Application IDs. We can do that with the following command:
```
flatpak list --app --columns application
```
Now, this is great, and we can just manually copy and paste this list into a text file if we want.
Instead, what we are going to do is take that output and redirect it to a file with the output redirection operator. We are going to call that output something like "flatpaks.txt" or something else unimportant, because we need to rename the file in the next step.
```
flatpak list --app --columns application > flatpaks.txt
```
Great! Now, we have a text file of every Flatpak we currently have installed on our system. Next, we need to format it, so we can easily input the contents of the text file into the command line for install at a later time.
We can easily format this file appropriately with the next command and output the contents into a new text file. In my experience, if we try to overwrite the contents of the first file, the command won't work. Here's how to do it:
```
cat flatpaks.txt | tr '\n' ' ' | sed 's/ $/\n/' > flatpakinstalls.txt
```
Now, this is technically a few commands, and when broken down they simply say "take this file's contents, replace the new lines with spaces, remove the trailing space at the end of the line, and write this new output to a new file." Regular expressions are wild.
The last thing you'll want to do is delete the original file, since now you have two:
```
rm flatpaks.txt
```
With that, you have a clean text file containing all the Flatpaks installed on your system that you can reference on any other machine. But, we can actually do this a little better.
With all of that out of the way, we can take that three or four-step process and boil it down to one simple copy pasta command thanks to the and operator, `&&`:
```
flatpak list --app --columns application > flatpaks.txt && cat flatpaks.txt | tr '\n' ' ' | sed 's/ $/\n/' > flatpakinstalls.txt && rm flatpaks.txt
```
That's it! Easy as pie.
Just keep this file backed up and safe. Then, after you are done installing your new OS, you'll need to make sure Flatpak is set up and ready by following the official Flatpak documentation.
After that, you can move this text file over to that machine, copy the contents, and paste them after the `flatpak install` command to quickly and effortlessly reproduce the Flatpak setup you had on your old installation.
Hope you find this as helpful as I do.
-
@ 5bdb0e24:0ccbebd7
2025-01-15 15:29:59
In infosec, there is a seemingly never ending list of acronyms any cyber professional must be familiar with in order to work efficiently and effectively. One of those is a common vulnerability known as IDOR.
IDOR stands for Insecure Direct Object Reference, and it's a type of vulnerability that can have serious implications for the security of web applications if not properly addressed. But what is it exactly?
## What is IDOR?
---
IDOR is a security vulnerability that occurs when an application exposes internal implementation objects to users without proper authorization checks. In simpler terms, it means that an attacker can manipulate parameters in the application's URL or form fields to access unauthorized data or functionality.
Ok, that's a mouthful, so let's break it down further.
## How Does IDOR Work?
---
To understand how IDOR works, consider a scenario where a web application reveals information about what you're accessing or viewing via the URL. For example, a user profile page may have a URL like the following: `https://example.com/profile?id=123`.
In a secure application, the server would verify that the user has the necessary permissions to access the profile with ID 123. However, in the case of an IDOR vulnerability, an attacker could change the ID parameter in the URL to something like `https://example.com/profile?id=456` to access a different user's profile, potentially exposing sensitive customer information.
The consequences of an IDOR vulnerability go beyond unauthorized access to customer information as well. Attackers could gain access to other sensitive data, such as financial records, administrative functions, or other business related data. This can lead to data breaches, privacy violations, and reputational damage to the organization.
## Preventing IDOR Attacks
---
Preventing IDOR attacks requires a proactive approach to security. Here are some basic best practices to mitigate theses attacks:
1. Implement Proper Access Controls: Ensure that all user requests are properly authenticated and authorized before granting access to resources.
2. Use Indirect Object References: Instead of exposing internal object references directly in URLs, use indirect references that are mapped to internal objects on the server side.
3. Validate User Input: Sanitize and validate all user input to prevent malicious manipulation of parameters.
4. Employ Role-Based Access Control: Implement role-based access control to restrict users' access to only the resources they are authorized to view or modify.
5. Regular Security Audits: Conduct regular security audits and penetration testing to identify and remediate potential IDOR vulnerabilities.
IDOR is a critical security issue that requires proactive measures to mitigate. By understanding how IDOR works and implementing various security controls, organizations can safeguard their web applications against potential threats and ensure the confidentiality, integrity, and availability of their data.
-
@ 5bdb0e24:0ccbebd7
2025-01-15 15:22:03
In cybersecurity, there is a buzzword I've seen some confusion about online recently. It's called zero trust, and though it sounds like vague corporate-ese at first, it actually represents a necessary approach to digital security.
Cyber threats are constantly evolving, and IT professionals need to be prepared for the worst at all times. Zero trust is a valid part of defense in depth and the principle of least privilege within a network or series of networks. But what exactly does that mean?
Well, historically, cyber professionals relied on perimeter defenses like firewalls to determine trust, assuming that everything inside the network was trustworthy. Zero trust challenges this notion by requiring strict identity verification for every user and device trying to access resources, regardless of their location.
You'll often hear the term "never trust, always verify" when talking about zero trust. Practically, this means that every user and device must authenticate their identity before accessing the resources on the network, ensuring that only authorized individuals can access sensitive data.
It also means users are granted the minimum level of access required to perform their tasks (the principle of least privilege I mentioned a second ago). This not only limits the potential damage that can be caused in case of a security breach, but it impedes insider threats from doing even more damage than would be possible otherwise.
Zero trust also makes it harder for attackers to move laterally within a network by implementing network segmentation. This divides larger networks up into smaller pieces, isolating each segment, and protecting them from threats in other segments.
Effectively implementing these steps is not a set it and forget it kind of thing either. Zero trust requires continuous monitoring of user and device behavior to detect anomalies or suspicious activities that may indicate security threats. Proper implementation takes the "never trust" part to the extreme.
In other words, zero trust means that organizations don't blindly trust their employees and internal networks. Threats can come from anywhere, including within, and implementing various controls to mitigate these risks can significantly enhance an organization's security posture and enable them to better protect all constituents involved.
-
@ 5bdb0e24:0ccbebd7
2025-01-15 15:11:28
The internet is a dangerous place, full of vulnerabilities attackers leverage to malicious ends. One of the more common vulnerabilities that websites face is cross-site scripting (XSS) attacks. XSS attacks can have serious consequences, ranging from stealing sensitive information to defacing websites. Without wasting any time, let's jump into what XSS is, how it works, and how to mitigate it on your websites.
## What is Cross-Site Scripting (XSS)?
---
XSS is a type of injection security vulnerability typically found in web applications, and it exploits the trust users have in websites. It occurs when an attacker injects malicious scripts into web pages via input fields, URLs, or even cookies.
When a user visits a compromised page, the injected script is executed in the user's browser, allowing the attacker to carry out various malicious activities. This works because the scripts are assumed to have come from a trusted source. When executed, they can steal sensitive information, hijack user sessions, or deface the website.
## Types of XSS Attacks
---
There are three types of XSS:
1. **Stored XSS**: The malicious script is stored on the server and executed whenever a user accesses the compromised page.
2. **Reflected XSS**: The malicious script is reflected off a web server and executed in the user's browser.
3. **DOM-based XSS**: The attack occurs in the Document Object Model (DOM) of the web page, allowing the attacker to manipulate the page's content.
## Preventing XSS Attacks
---
There are several ways to mitigate XSS, some examples include the following:
1. **Input Validation**: Validate and sanitize all user input to prevent the injection of malicious scripts.
2. **Output Encoding**: Encode user input before displaying it on the web page to prevent script execution.
3. **Content Security Policy (CSP)**: Implement a CSP to restrict the sources from which scripts can be loaded on your website.
4. **Use HTTPS**: Ensure that your website uses HTTPS to encrypt data transmitted between the server and the user's browser.
## Conclusion
---
Cross-site scripting attacks pose a significant threat to web security. By understanding how XSS works and implementing best practices to prevent such attacks, you can safeguard your website and protect your users' sensitive information. Stay vigilant, stay informed, and stay secure in the ever-evolving landscape of web security.
-
@ 2e8970de:63345c7a
2025-01-15 15:10:45
![](https://pbs.twimg.com/media/GhV0qZLX0AA6uwb?format=png&name=900x900)
https://www.pewresearch.org/short-reads/2025/01/08/share-of-us-adults-living-without-a-romantic-partner-has-ticked-down-in-recent-years/
> he share of U.S. adults who are not living with a spouse or partner has modestly declined since 2019. In 2023, 42% of adults were unpartnered, down from 44% in 2019, according to a new Pew Research Center analysis of Census Bureau data.
> However, certain demographic groups are more likely than others to be unpartnered, as of 2023
originally posted at https://stacker.news/items/851235
-
@ 5bdb0e24:0ccbebd7
2025-01-15 14:58:45
In the ever-evolving world of cybersecurity, understanding the various vulnerabilities that can be exploited by attackers is crucial for maintaining robust defenses. One such vulnerability that poses a significant risk is Local File Inclusion (LFI). This blog post aims to demystify LFI, explaining what it is, how it can be exploited, and what measures can be taken to prevent it.
## What is Local File Inclusion (LFI)?
---
Local File Inclusion is a type of web application vulnerability that allows an attacker to access files from the server where the application is hosted. This can be achieved by exploiting poorly written code in the web application that processes user input. Essentially, if an application allows users to specify a file to be included, and it doesn't properly sanitize the input, attackers can manipulate this input to include arbitrary files from the server.
LFI vulnerabilities often arise in applications that use scripts like PHP, where the `include`, `require`, `include_once`, and `require_once` functions are used to include files dynamically. When these functions are used improperly, they can become a gateway for attackers.
## How Does LFI Work?
---
To understand how LFI works, let's consider a simple example. Here we see a PHP script that uses user input to include different page templates:
```php
<?php
$page = $_GET['page'];
include("pages/" . $page . ".php");
?>
```
If the application fails to properly validate the `page` parameter from user input, an attacker could manipulate it by inserting paths that lead to unintended files:
```
http://example.com/index.php?page=../../etc/passwd
```
In this scenario, if not properly secured, the attacker could potentially read sensitive system files like `/etc/passwd` on Unix-based systems.
## Impacts of LFI Vulnerabilities
---
LFI vulnerabilities can have severe consequences, including but not limited to the following:
1\. **Information Disclosure**: Attackers can gain access to sensitive files, such as configuration files, passwords, and application source code.\
2. **Remote Code Execution**: In some cases, attackers can leverage LFI to execute arbitrary code on the server, especially if they can upload malicious files to the server.\
3. **Access to Internal Systems**: Attackers may use LFI to pivot and access other systems within the network, potentially leading to broader compromises.
## Preventing LFI Vulnerabilities
---
Preventing LFI vulnerabilities requires a combination of secure coding practices and proper input validation. Here are some key measures to take:
1\. **Input Validation**: Always validate and sanitize user inputs. Ensure that the input corresponds to the expected format and type, and reject any suspicious or malformed input.\
\
2. **Whitelist Files**: Instead of allowing arbitrary file inclusion, use a whitelist of allowable files that can be included. This restricts the files that can be included to a predefined set.\
\
3. **Avoid User-Controlled File Paths**: Where possible, avoid using user input directly in file paths. If it is necessary, use predefined directories and filenames.\
\
4. **Use Built-In Functions**: Utilize built-in functions and libraries that handle file inclusions more securely. For example, PHP’s `filter_input()` can help sanitize input data.\
\
5. **Principle of Least Privilege**: Ensure that the web server and application run with the least privileges necessary, minimizing the impact of a potential compromise.\
\
6. **Security Testing**: Regularly conduct security testing, including code reviews and penetration testing, to identify and fix vulnerabilities.
## Conclusion
---
Local File Inclusion is a potent vulnerability that can lead to significant security breaches if left unchecked. By understanding how LFI works and implementing robust security measures, developers and administrators can protect their applications from being exploited.
Ensuring that user inputs are properly validated and sanitized, using whitelists, and adhering to the principle of least privilege are fundamental steps in safeguarding against LFI attacks. Regular security assessments and staying informed about the latest security practices will further bolster defenses against this and other vulnerabilities.
-
@ 5af07946:98fca8c4
2025-01-15 14:46:36
A river must have two banks. A day has no meaning without a night. Even a narrative manifests amidst the story of a hero and a villain. Science is the study of the dualities - to put them to a greater use. Every time we get a better appreciation of a duality, we expound a new branch of science. For example Chemistry is built on the idea of "charge" duality. Particle physics is an outcome of magnetic duality (also called spin). The digital duality (0 and 1) is the basis for the computer science. Not only proven science, every thought has a dualistic outlook - a yes or a no - to be or not to be!
Our own anatomy is a mirror image as if two halves are sealed together - one on left and another on the right - two hands, two legs, two ears. Even the brains are split into left and right lobes. Leonardo da Vinci was trying to find the code of life in the parity symmetry of the Vitruvian Man. The physical duality of our anatomy led to most discoveries in ancient medicine of Suśruta and Charka - long before Leonardo. It is believed they were looking for a singularity amidst the duality of every other aspect of human body - an island in the river of life. And since they found only one heart in every mammal, they assumed god must live on this island.
In Vedic science , the study of dualities is known as Dwait. On the other hand, Vaidik philosophy believes the observer that sits amidst dualities is same across all of them - a singular observer - Adwait - an island between two banks of a river. The island underscores the nature, shape and the existence of that "perpetual" that dualities bind for conscious[^consciousness] experience? That Avykta (inexpressible knowledge) that dualities bind, is known as Tattva[^Tattva]. It binds itself into the knots (of evolving dualities) to gain answer to just one question - who am I? What is my own true shape (Swa-roopa). If one could know the answer to this question, dualities automatically shatter. They vanish because they are rendered unnecessary!
[^consciousness]: Conscious experience: is summation of Dwait and Adwait. In our geometric perception, it is easier to visualize a duality as a dimension - a one-dimensional line that goes from the object to its mirror image. The images may be merged in each other - as in case of atomic particles; or at perceived distances as in case of our reflection in a mirror. The important thing, however, is the one that sits at the surface of the mirror - in the middle - to see two images - one on the left and another on the right - one up and another down and infinite other angles. Millions of dimensions may intersect at this focal point. More intersections - greater the resolution of perception -> higher degree of conscious experience. A computer is lower in consciousness because it has only one dimension to resolve - from digital zero to a digital one. In Vaidik Science, the fifty significant traits (Vritties) are considered the prime dimensions of human experience measured through five senses. If digital duality enabled experiences such as internet, it is not hard to imagine how evolved conscious experience could be based on five senses playing with fifty traits. Yes, it can render the experience of our physical world, the seasons, the green expanses, rivers, buildings, gadgets - but that is only a fraction of what we are capable of. There are infinitely many more experiences that lie hidden in the realm of emotions. Yet senses only observe the chiral imagery. They find it hard to navigate the emotions, besides being grossly unaware of the observer that sits amidst this chaos. What is it that creates this beautiful tapestry? - sometimes layered over each other's like an onion; and other times existing on the same plane of conscious experience, and who is the observer? What is that "one" that sits within inseparable dipoles of a magnet? What exactly is that "unseen" that runs between an anode and a cathode ? Spirituality (Nyaan), is the careful study of that "one" staying put amidst the dualities always shuttling like a ping pong ball. Can it ever get to the rest? Or the idea of conscious life is to merely lock this incessant rhythm ? If so, to what avail?
[^Tattva]: Tattva: This "one", as per practitioners of spirituality, is the only real "element" - Tattva - the most elementary particle. Rest everything is just an expression of Tattva on account of complex wrinkles of dualities folded unto themselves. Tattva is neither unconscious or conscious. Consciousness is improvement in our sensory apparatus to approach this "one". The very reason of manifestation is to know, to understand what is there? Since it is the study of the "one", there are obviously no branches of "Spirituality". It is simply knowing "who am I?". The difference if at all, exists in the path to ascertain this truth. There are many possible paths. Some harder, some smarter - but the end goal is same - who am I? Tattva exists before the physical perception is born; and even after the cession the physical experience. For example, the written and the spoken are two reflections of the same word - they both carry the same meaning. Though a "word" has no physical existence unless it is spoken or written down, yet we know what a "word" means even before we say it or write it. In fact, we can't give a word a physical expression unless we already know the meaning. In essence, we understand the "knowledge" that a word captures irrespective of its physical manifestation. Thus, "knowledge" is the closest to describe that unseen in this physical world. Likewise, all dualities are reflections of a "single truth" hidden from sensory observations. It exists unattached, and yet it remains inseparable from the multitude of dualities it reflects ! For lack of a better word, Vedic Science uses the term Atma for it - it literally means "me". In mathematics, the word for this one is numeral "One" - yes, we call it "unity"! Unity is part of every number, every measurement, yet no one knows the shape of a unit - when measuring distance, this one is a meter, when measuring weight it becomes a kilo - it stays put in every measure, yet it stays indeterminate. You can say one cow, or one bird, and you know what they mean but no one knows what "one" stands for on its own! It is embedded in every number, every artifact and every observation. Many people try to explain Atma as "Energy" or "Electricity". Since it is hard to explain Atma with physical metaphors, I tend to use the word "knowledge". Partly because Energy is tied to physical matter and Electricity is limited to the motion of electrons. More importantly they have strict scientific definitions somewhat hindering the introduction of alternative approaches. That said, the choices are endless, and they are all valid based on the context. Similarly, the dualities are described differently based on the contexts. One may see the knots of dualities as the motherly cradle of manifestation - others may see them as a root cause of pain and confusion. But none may doubt their multidimensional omnipresence. In particle physics, duality is called "Parity Symmetry", In Vedic science, the faction that upholds "duality" as the only truth is known as Dwait - dualism. Dwait believes the "manifested" is nothing but the complex knots of many dualities in many dimensions. The "creation" is infinite manifestations of these knots (Karma Bandhana). It, thus, says that the liberation is all about gradual untying of these knots. The process of untying the knots of duality is called Karm-kshya - sacrificing the Karmas (that led to these knots in the first place) i.e. renunciation - weeding out dualities! It does agree that in this physical world, it is not possible to untie all the knots for human body too is a complex assimilation of uncountable knots, yet it asserts that as soon as our net "knot formation" gets negative - means we break more bonds than we create - the journey becomes a "hope of freedom". After initial jitters, the path becomes pleasurable though it appears insanely difficult (as well as counterintuitive) to the external world. For example, a person on the path of "minimalism" is naturally happy because she has found the taste of freedom - at the same time her network appreciates her for her sacrifices; often times wondering how she lives on so less ! As per Dvaita, the final freedom with exit from the physical world is thus the only objective goal - It is called Nirvana. Thus, there is no God, no observer. But it fails to answer what is it that we are trying to free up? What is the state of being in Nirvana? If Nirvana is all about giving up this beautiful experience, then Nirvana must be a very boring place! Adwait thus is the unyielding faith in singular underlying field, and a conscious ignorance of dualities as mere emergent sensory distractions. The singular truth is the thing that manifests amidst innumerable knotted dualities. Unlike the ideas of Quantum Mechanics, the "manifest" is neither a "given" nor an accident - it takes repetitive actions (Karma) to unveil one observable "truth". An "island" is thus the truth of a river's labour as much as a narrative is a writer's vociferous flow over dualities of the plot. This process of manifestation and its continuous evolution, as per Adwait, is Yazna - the modus operandi of Vishnu. And the consciousness that evolves (to seek the answer to the profound question) is Vishnu itself. The Sanskrit word Vishnu has two syllables - Vish comes from Vishisht, which means special and Anu means the smallest indestructible particle - special because it sits amidst all dualities and strives for continuous evolution of conscious experience to resolve the dualities. To an untrained eye - Dwait and Adwait may appear as the sides of the same coin, but there is vast difference in constructs that follow. Dwait seeks renunciation whereas Adwait celebrates the life, and it's growth. Vaidik approach thus is NOT to run away; it is to continuously struggle and fight to seek the ultimate object.
-
@ 0861144c:e68a1caf
2025-01-15 13:16:46
When I started using Bitcoin back in 2014, the first thing I wanted to do was start programming. Having no prior background in this, I chose [freeCodeCamp](https://freecodecamp.org/) as my development tool, and when I began writing my first lines of JavaScript, I realized it was much deeper than I cared to admit.
**My dream was to work directly with Bitcoin.**.
That didn’t stop me from pursuing my goals. While discipline wasn’t my ally at the time, research was my main weapon. I discovered [the free self-paced courses from Chaincode Labs](https://chaincode.gitbook.io/seminars), which provide all the necessary tools to get started as a Bitcoin or Lightning Network developer.
I also gave up on those along the way, but this time it was because they required much more than I had imagined—a radical shift in how I approached things and, above all, something I wasn’t ready to commit to at the time: discipline and dedication. When I was on the verge of throwing in the towel, putting everything I knew about Bitcoin into the "freezer," I had a revealing conversation with a friend who remains anonymous to this day. It was during the pandemic, on one of those calls, that the conversation took a significant turn.
*"I just want to work with Bitcoin and get paid in Bitcoin. I swear, I’ve looked everywhere and can’t find a way to connect with anything,"* I told him, to which there was a pause before he replied:
*"You’re already working with Bitcoin. What more are you looking for?"*
I couldn’t grasp what he meant and asked for a more detailed explanation.
*"Look,"* he said, *"you’re trying to publish a book for free, but people often send you money or cryptos that you convert to Bitcoin."* I nodded in agreement.
*"Then what you’re doing is working and buying Bitcoin. Think about it: what you’re doing takes time—your work, I mean. Your work takes time, and your time is valued in Guaraníes. You’ve told me a thousand times how the Guaraní loses value and that you don’t want to save in Guaraníes anymore. So, you turn to Bitcoin. What you’re really doing is buying Bitcoin to protect your work because, as things stand, it seems like we won’t be retiring anytime soon. Instead of letting your savings melt away, you’ve decided to work and convert it into Bitcoin, which, according to you, is the hardest currency with the least depreciation. Can you see how you’re already accepting Bitcoin? You’re already working with Bitcoin, even if your job pays you in Guaraníes."*
#### My aha moment
I was stunned. It was one of those _aha_ moments where you don’t even know how to explain what you’re doing until someone else spells it out perfectly. His explanation was so spot-on that it was almost scary. I realized that my quest shouldn’t be about finding a way to fit into the gears of Bitcoin core programming. That doesn’t mean I’ve given up on the hope of programming someday; it just means it’s currently on pause.
It also means that, just like me, you have skills—soft or hard—that are valued in money. That money can be converted into Bitcoin, and without even realizing it, without intending to, you’re already participating in the Bitcoin ecosystem, protecting your money from inflation.
My first message of the year, dear reader, is this: use Bitcoin without resorting to tricks or learning new skills. Instead, do what you’re best at today and convert a small fraction into satoshis.
Does it work? Yes.
Will it make you a millionaire? No.
Will you be better off? Much better.
Since you're read it all, [take this meme](https://primal.net/e/note13fe8ymwu89qymnme3mmppulq82nly6uq2pufwx8uazcjznejsmvqzkkwur):
![](https://m.stacker.news/73089)
originally posted at https://stacker.news/items/851104
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@ 21c71bfa:e28fa0f6
2025-01-15 11:29:03
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@ 21c71bfa:e28fa0f6
2025-01-15 11:28:38
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@ 21c71bfa:e28fa0f6
2025-01-15 11:28:20
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@ 21c71bfa:e28fa0f6
2025-01-15 11:28:03
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@ 21c71bfa:e28fa0f6
2025-01-15 11:27:47
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@ 21c71bfa:e28fa0f6
2025-01-15 11:27:31
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@ 21c71bfa:e28fa0f6
2025-01-15 11:27:15
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@ 21c71bfa:e28fa0f6
2025-01-15 11:26:58
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@ 21c71bfa:e28fa0f6
2025-01-15 11:26:38
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@ 21c71bfa:e28fa0f6
2025-01-15 11:26:24
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@ 21c71bfa:e28fa0f6
2025-01-15 11:26:06
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@ 21c71bfa:e28fa0f6
2025-01-15 11:25:50
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@ 21c71bfa:e28fa0f6
2025-01-15 11:25:34
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@ 21c71bfa:e28fa0f6
2025-01-15 11:25:18
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@ 21c71bfa:e28fa0f6
2025-01-15 11:24:48
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@ 21c71bfa:e28fa0f6
2025-01-15 10:59:47
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@ cf7ed325:050194cf
2025-01-15 10:56:56
Taba, nestled on the edge of the Red Sea, offers a unique gateway to some of Egypt's most iconic destinations. With [ETB Tours Egypt](https://www.etbtoursegypt.com/), you can embark on unforgettable [Taba trips and excursions](https://www.etbtoursegypt.com/day-tours/Taba-day-tours-excursions) that take you beyond the stunning beaches and crystal-clear waters, straight into the heart of Egypt’s rich history and culture.
One of the most popular experiences is the chance to [Explore Luxor and Cairo Tours from Taba](https://www.etbtoursegypt.com/tour/Cairo-and-Luxor-tours-from-Taba). Whether you're looking for a quick getaway or a deeper dive into Egypt’s ancient wonders, these tours offer something for everyone. For those with limited time, the [Full Luxor Day Tour From Taba](https://www.etbtoursegypt.com/tour/Luxor-day-Tour-from-Taba) is an excellent option, allowing you to witness the grandeur of the Valley of the Kings, Karnak Temple, and the Luxor Temple in just one day. It’s a whirlwind of history that will leave you in awe of Egypt’s timeless beauty.
If you're more inclined to explore the vibrant capital, [Cairo Sightseeing: One Day Tour to Cairo from Taba by Flight](https://www.etbtoursegypt.com/tour/Cairo-Tours-from-Taba) is the perfect choice. In just a day, you can marvel at the Pyramids of Giza, the Sphinx, and the world-famous Egyptian Museum. It’s an exciting adventure that brings you face-to-face with Egypt's most legendary landmarks.
For those seeking a deeper exploration, [Discover Cairo in Two Day Tours from Taba](https://www.etbtoursegypt.com/tour/Two-Day-Tours-to-Cairo-from-Taba) offers a more relaxed pace, allowing you to soak in the magic of Cairo’s ancient wonders and modern vibrancy. From the Coptic Cairo district to the bustling streets of Islamic Cairo, this tour gives you the full experience of Egypt’s fascinating capital.
No matter which tour you choose, ETB Tours Egypt ensures your Taba trip is packed with memories that will last a lifetime. ✨
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📲 Contact us now! +20 10 21100873
📧 Email: info@etbtours.com
🏢 Company Address: 4 El Lebeny Axis , Nazlet Al Batran , Al Haram, Giza , Egypt
-
@ f51f916e:39ec49e7
2025-01-15 10:01:47
What is so special about a **Green Barbet**, a **Bronze-naped Pigeon** and a **Swamp Nightjar**? Why do birders descend in their flocks for an unassuming sandpiper on the Mtunzini mudflats?
Rarities have value because they’re hard to find. We have to work for them, either by spending time in the right habitat or travelling to wherever their location might be.
Humans make decisions at the margin, under the influence of scarcity- the value of something is determined by how easy it is to obtain another one.
That’s why no one makes a special trip for a **Burchell’s Coucal** or an **Olive Thrush**, but happy to do so for a **Black Coucal** or a **Spotted Ground-Thrush**.
![](https://blossom.primal.net/708c9e6b2d9c7bd54c49831a195d22b9322d89d7eab7ddea413d1dbbd9a3e647.png)*THE CONSERVATION PROBLEM*
We all recognise that our birds and their habitats are threatened. If they weren’t, there wouldn’t be non-profits fighting everyday to counter the anthropogenic challenges.
But the question is, do we really understand the problem? Are our interventions reversing the trends, or only offering a temporary resistance? It is only when a disease’s underlying cause is understood that it can be cured.
In March/April 2022, ***African Birdlife*** magazine reported on the dire state of Ndumo Game Reserve in the article “***Vested Interests***”. Two paragraphs are startling:
- *“…the human population living along the Phongolo River (which stretches up to Jozini and beyond) had grown from 30 000 to more than 400 000 from 1980 to 2020.”*
- *“…in communities surrounding Ndumo Game Reserve, more than 70 percent of the population survives on less than R800 a month, provided by government grants and a small informal economy, and that up to 70 percent of residents are under the age of 18.”*
This is the elephant in the room. And it’s going to get worse- this is why nothing conservation is doing today will make any difference.
Because the biggest threat to conservation is a socio-economic problem, and we are not addressing the economics.
![](https://blossom.primal.net/2999b7d5bed49a0c02e5055902b8542a63fd896242f038cd00bf2971a3a22afe.png)***TIME IS FUNDAMENTAL TO CONSERVATION***
***Conservation*** is the sustainable use of our natural resources. ***Sustainable*** means we are concerned about the future.
Human ***time preference*** can be described as the rate at which we discount the future compared to the present. We all agree that today is more important than tomorrow- there is a lot that can happen today that completely changes the context of tomorrow, and every individual discounts the future at a different rate than another.
Those with ***low time preference***, for instance, start planning for their child’s university education as soon as the child is born. The future is recognized as important enough, and provision is made today.
Humans with ***high time preference*** are not sure from where their child’s next meal will come. The future is uncertain, and therefore, university education is not considered during the actions of the present day.
As humans, we are all individually, communally, and nationally moving on the spectrum of time preference. What determines a person’s time preference? The leading factor is ***economic freedom***.
The more economic freedom a person has, the more likely they are to make decisions that benefit the people around them, because it’s mutually beneficial for their future self.
![](https://blossom.primal.net/87f3e19c3226f063d004f82d43ecc9620f1dc1018105903bae81a4141abbc41c.png)It follows that countries with high economic freedom have higher prosperity and better social indices, such as increased GDP, increased life expectancy, higher happiness scores in polling, lower corruption and violence, and, importantly, increased income levels for the poorest 10% ([**heritage.org**](https://www.heritage.org/index/pages/about)).
Notably, these countries also have better environmental protection.
Therefore, if we want to lower the time preference of communities for the benefit of biodiversity, ***we need to increase economic freedom***.
People will only protect Nature if they can afford a future where Nature still exists.
*Property rights, monetary policy, rule of law, freedom to trade and work, and low levels of bureaucracy and corruption* collectively influence our economic freedom.
*How could we as citizens then influence economic freedom when governments are largely responsible?*
![](https://blossom.primal.net/07b2d4db8ef913338f39252ca7144033a78ad360e06dd89d63f48fac65c02ce7.png)***SOLVING CONSERVATION***
We need to start using sound money.
When money is abundant, resources become rare; when money is rare, resources become abundant. *What do we mean by that?*
The natural state of a free market is deflation. Thanks to entrepreneurs and advances in technology, prices fall to the marginal cost of production. New entrants to the market will capture the difference between inputs and sales, enhancing competition and driving down prices.
*But why then do our prices continue to rise?*
Because the money supply is increasing at a higher rate than the influence of deflationary factors. For this, we can thank central banking and, more specifically, fractional reserve banking. Every time a loan is made, new money enters the financial system. [Currency debasement](https://youtu.be/YtFOxNbmD38?si=tRca3t1ne7xrsf_u) distorts price signals, increases business input costs, and inflates asset prices
What makes this worse is something called the [Cantillon Effect](https://www.hardmoneyhistory.com/why-fiat-currency-is-bad/). This ensures that those, who receive the newly created money first, benefit at the expense of all others, meaning that rural people living at the environmental interface become poorer as their earnings are eroded and their cost of living increases.
This is the cardinal reason why we see progressive wealth inequality.
![](https://blossom.primal.net/63193522cee157e09ca6806f9266df74a5da9e914bcbc1138ccb8dbd4f1085e5.png)An ever-increasing money supply is not needed for an economy to grow; we do not need a central bank-regulated interest rate- all we need is a single divisible monetary unit to run the economy.
Yes, capital may be needed to start a business, but that doesn’t mean new money has to be conjured magically onto a bank’s spreadsheet.
Humans are consumers, and with money that is finite in supply, purchasing power will rise as the amount of goods and services increases. It’s simply math, and the only available form of money that enables us to accurately perform this calculation, is Bitcoin.
Thus, for a community champion like Junior Gabela, or a conservation non-profit organisation, the cost of living or the operational costs will get cheaper should they migrate to a Bitcoin Standard.
**Bitcoin’s value proposition is that it is the best savings technology. And only when humans can save, can they start to value everything around them.**
![](https://blossom.primal.net/6f076257599b9cb7ca136534d1d64c22b90775b41931d2ff70cca58948c40dba.png)***WHY IS BITCOIN VITAL FOR CONSERVATION?***
The future of biodiversity will be determined by the choices of people at scale, whether it is communities at the wildlife interface, humans harvesting resources on which other species depend, or elected politicians making decisions about land-use.
If we want to spread this philosophy of conservation, then we also need to scale low time preference. People need to value their future, but how can they when their economic energy is being debased by inflation?
When you are struggling to pay rent, transport and food, what does it matter if **African Penguins** are going extinct. We don’t need birds and grasslands and wetlands in order to survive ourselves- humanity will always engineer an alternative or synthetic solution; that’s why the human species continues to flourish in places where the biodiversity has been eliminated.
But if we all use sound money, that is finite in supply and incorruptible, we can secure our future with productivity. With free market money, prices will fall to the marginal cost of production, and savings will increase in purchasing power.
We can then spend more time enjoying life, and we can value Nature purely for the Cultural Services she offers us, *like birding*.
![](https://blossom.primal.net/ddd74a8ad377f064e4169e28ed951b60a8a626b93337026b6221106898b5fc9c.png)***WHY DID WE CHOOSE THE NAME “SATOSHI’S SPARROWS”?***
The [Bitcoin White Paper](https://bitcoin.org/en/bitcoin-paper) was published by cypherpunk **Satoshi Nakamoto** on 31 October 2008, and in 2011 Satoshi disappeared- to this day his identity remains a mystery.
What we do know is that he favoured Austrian economics and despised central banks. He knew that the perfect money needed to be independent of human control, and so he wrote the open-source code for Bitcoin: sound money run on an incorruptible ledger that is maintained by thousands of contributors around the world.
What remains is all the early Bitcoin that he mined. And it serves two purposes: For 16 years no individual, company or nation-state has been able to hack the wallet and move these enormous holdings, proving the networks’s security model of cryptography and proof-of-work. The voluntary protocol has demonstrated anti-fragility and immutability; growing in the abscence of any singlular entity or group, revealing that we have finally [separated money from state](https://braiins.com/books/bitcoin-separation-of-money-and-state).
**Sparrow Wallet** is an open-source, globably reknown, Bitcoin desktop wallet. In a small way, our birding team pays homage to the South African developer that in the spirit of Satoshi, shares it for free with the world for anyone seeking self-sovereignty. Visit [sparrowwallet.com](http://sparrowwallet.com).
![](https://blossom.primal.net/26f55b4523be87b1c1659c23a717e0204e5dfc4466c9b8fd60db89199428e3a0.png)***HOW DOES BITCOIN HELP A BIRD GUIDE?***
Junior Gabela is a local legend in Mtunzini, and your best birding asset when visiting Ngoye and Dlinza mistbelt forests, or when searching for local specials such as **Palmnut Vulture**, **Mangrove Kingfisher** and **Southern Banded Snake Eagle**.
But the reality is that the financial system is rigged against him. The only honest way to improve the quality of one’s life is to *add value to society*, *live within your means*, and then *accumulate financial assets*; but what do you do when you can only save in cash, and your money is a melting ice cube?
What do you do when you can’t afford to buy a mortgage, or don’t meet the barriers of entry to get exposure to the Magnifcent 7?
***Bitcoin is the most equitable asset available.*** Now Junior can access the same asset class as a Wall Street banker or a nation-state. Bitcoin doesn’t care what your name is or what you look like, plus it’s permissionless- the protocol for prosperity.
![](https://blossom.primal.net/a72c432b0bb3ab5b1207aa8454f47ab4918a0dc1523885755b10a0951da29f1c.png)
With a smartphone, or even an old school feature phone (thanks to proudly South African [machankura.com](http://machankura.com)), anyone can save in the instrument that measures everything else, and everything goes to zero against Bitcoin.
Not only is it the best way to hedge against inflation and migrate one’s economic energy through time, but it is also extremely liquid and portable, and can be used for daily transactions using the Lightning Network.
You can spend it at Pick n Pay (using the [blink.sv](https://www.blink.sv) phone wallet), or at any business on [btcmap.org](http://btcmap.org) or [wedobitcoin.co.za](http://wedobitcoin.co.za), or you can trade a few satoshis peer-to-peer for ZAR with a friend that’s also stacking.
That’s why we call it [Freedom Money](https://freedommoney.africa).
For awesome birding in KZN, contact [Junior Gabela](https://zululandbirdingwithjuniorgabela.co.za) at **+27 82 667 3704**, and why not send some sats to his Lightning address: juniorgabela@blink.sv
Study Bitcoin.
![](https://blossom.primal.net/2c687836a3e70f64c7d1e6a964613841598dd71c20d3dcee9384771a65b619e4.png)
-
@ e1d968f7:5d90f764
2025-01-15 09:09:26
In the digital age, reviews play a pivotal role in every industry, and escorting is no different. For me, reviews aren’t just feedback; they’re a lifeline for building trust, attracting new clients, and standing out in a competitive world. But like so many aspects of this job, managing reviews requires care, strategy, and a touch of finesse.
### **Why Reviews Matter**
When someone is considering booking with me, they often turn to reviews first. They provide a sense of reassurance and help potential clients feel confident about their choice.
- **Building Credibility:** Positive reviews show that I’m genuine, professional, and deliver the experience I promise. They help break down any initial hesitation a client might have.
- **Standing Out:** In an industry where there are countless options, a few glowing reviews can make all the difference. They show why I’m unique and worth the time.
- **Feedback for Growth:** Even the occasional critical review can be useful. It’s a chance to reflect and improve how I approach my work.
### **How I Encourage Reviews**
Not everyone leaves a review, even if they had a great experience. I’ve learned to gently encourage feedback in ways that feel natural and respectful.
- **Casual Suggestions:** Sometimes, during a conversation or at the end of a session, I might say something like, “If you feel comfortable, a review would mean a lot.”
- **Follow-Up Messages:** A polite follow-up, thanking them for their time and subtly mentioning reviews, often works wonders.
- **Respecting Boundaries:** It’s always important to let clients know there’s no pressure. Their comfort and privacy come first.
### **Handling Negative Reviews**
No one likes receiving a negative review, but I’ve learned that it’s part of the job. How I handle them can say as much about me as the positive ones.
- **Staying Professional:** I’ve trained myself not to take things personally, even when a review stings. A calm, professional response can turn things around or at least show others that I handle situations with grace.
- **Taking Lessons to Heart:** If the criticism is valid, I take it seriously. It’s an opportunity to improve and ensure I’m providing the best experience possible.
- **Dealing with Fake Reviews:** Unfortunately, fake or malicious reviews do happen. In those cases, I work with the platform to get them removed, protecting my reputation.
### **Making the Most of Positive Reviews**
When a client leaves a lovely review, it’s like receiving a little gold star for my work. But there’s an art to showcasing them effectively.
- **Profile Highlights:** I carefully select the best snippets from reviews to feature on my profile. They give potential clients a taste of what I’m like.
- **Sharing Selectively:** Occasionally, I’ll share anonymised testimonials on my site or social media, always ensuring I protect the client’s privacy.
- **Authenticity is Key:** I focus on presenting reviews that reflect the real me, rather than creating a perfect but unrealistic image.
### **Balancing Reviews and Authenticity**
While reviews are incredibly valuable, I remind myself that they’re not the be-all and end-all of who I am or what I do.
- **Avoiding Perfectionism:** A profile with nothing but glowing reviews can feel too polished. I embrace the occasional constructive comment—it adds a human touch.
- **Staying True to Myself:** My reviews should reflect my genuine personality, quirks, and the unique experiences I offer. Authenticity resonates with the clients I want to attract.
### **Conclusion**
Reviews are a powerful part of my work—they build trust, open doors to new clients, and show the care I put into what I do. By encouraging honest feedback, handling critiques gracefully, and always staying true to myself, I’ve learned how to use reviews as a tool for growth and connection while maintaining the authenticity that makes my service special.
Rebecca x
-
@ fd06f542:8d6d54cd
2025-01-15 08:57:20
`relayServer = [
"wss://search.nos.today/",
"wss://relay.nostr.band/",
];
relays = [relay for relay in relayServer]
words = "news"
filters = {"kinds":[1,30023],"limit":100,"search":words}
r = RelayPool(relays)
r.connect(5)
def handler_event(event):
dt_object = datetime.datetime.fromtimestamp(event['created_at'])
log.blue(dt_object.strftime('%Y-%m-%d %H:%M:%S'),False)
print(event['content'])
print(event['tags'])
subs = r.subscribe(filters)
subs.on("EVENT",handler_event)`
这里主要解决的问题是 :服务器的选择,不是所有的服务器都支持搜索的。
第二, filter的写法,这个其实普通的去填写就可以。 然后订阅后,就有结果了。
过一段时间 nostrhttp会增加这个功能。
-
@ a012dc82:6458a70d
2025-01-15 07:51:51
**Table Of Content**
- Unexpected Findings in a Prison Raid
- The Tocorón Prison: A Criminal Haven
- The Lucrative World of Bitcoin Mining
- A Growing Trend in Latin America
- Conclusion
- FAQ
In the ever-evolving world of crime, criminals are constantly seeking innovative ways to further their illicit gains. The recent Venezuelan prison raid offers a startling glimpse into this world, revealing an unexpected intersection between organized crime and the realm of cryptocurrency. This article delves into the surprising findings of the raid, the notorious Tocorón prison, the lucrative allure of Bitcoin mining, and the emerging trend of cryptocurrency in the Latin American criminal landscape.
**Unexpected Findings in a Prison Raid**
In a recent raid on the Tocorón prison in Aragua state, Venezuelan authorities made an unexpected discovery. Alongside the anticipated confiscation of rocket launchers, grenades, and bullets, they stumbled upon Bitcoin mining machines. This operation, which involved a staggering 11,000 troops, was aimed at dismantling the country's most formidable organized crime group. While weapons were a predictable find, the presence of Bitcoin miners was a revelation that caught many off guard. Videos circulating on social media platforms showcased buildings filled with these machines, emphasizing the scale of the operation. The juxtaposition of traditional weapons with high-tech mining equipment highlights the adaptability and resourcefulness of criminal organizations, demonstrating their willingness to embrace new technologies to further their objectives.
**The Tocorón Prison: A Criminal Haven**
The Tocorón prison, located in the heart of Venezuela, has long been notorious for being under the control of criminals. In fact, it had been run by them for years, turning it into a veritable fortress of illicit activities. This prison wasn't just a place of confinement; it boasted amenities like a swimming pool and even a mini zoo, painting a picture of a facility that was more a criminal fortress than a penitentiary. Such luxuries are unheard of in conventional prisons, suggesting a level of autonomy and power that these criminals wielded. Venezuelan prisons, in general, have a reputation for being perilously overcrowded and hazardous, often leading to violent confrontations. This particular raid marked the first time Venezuelan authorities took decisive action against the dreaded Tren de Aragua, a criminal organization with a hand in various illicit activities, ranging from drug and human trafficking to extortion, both within Venezuela and in neighboring countries. The audacity of such a group to operate so openly speaks volumes about the challenges faced by Venezuelan law enforcement.
**The Lucrative World of Bitcoin Mining**
Bitcoin mining, for the uninitiated, might seem like a complex digital process, but its implications are very tangible. Mining machines play a pivotal role in minting new coins and ensuring the security of the Bitcoin blockchain. Engaging in this energy-intensive process requires a significant amount of electricity, often leading to concerns about its environmental impact. However, the rewards, in the form of new cryptocurrency, can be substantial. A recent report from Coin Metrics highlighted that Bitcoin miners raked in a whopping $184 million from transaction fees in a mere three months, from April to June. This lucrative venture offers a glimpse into why criminals might be drawn to such operations, given the potential for immense profits. The decentralized nature of cryptocurrencies also provides a level of anonymity, making it an attractive option for those wishing to operate outside the purview of traditional financial systems.
**A Growing Trend in Latin America**
The discovery of Bitcoin mining machines in the Tocorón prison isn't an isolated incident. Just two weeks prior, Chilean police uncovered a drug trafficking ring in Santiago that was operating a Bitcoin mining venture. This suggests a growing trend among criminals in Latin America, who seem to be exploring the lucrative world of cryptocurrency. As the digital currency gains traction globally, it's evident that the criminal underworld is also keen on capitalizing on its potential. The integration of cryptocurrency into criminal operations represents a new frontier in crime, challenging law enforcement agencies to adapt and develop new strategies to combat this emerging threat.
**Conclusion**
The Venezuelan prison raid serves as a stark reminder of the intricate and ever-changing nature of organized crime. As the lines between traditional criminal activities and the digital world blur, it's crucial for authorities to stay one step ahead. The fusion of organized crime with the world of cryptocurrency underscores the need for continued vigilance and adaptability in the face of evolving criminal methodologies.
**FAQs**
**What was discovered during the Venezuelan prison raid?**
Along with weapons like rocket launchers and grenades, authorities found Bitcoin mining machines in the Tocorón prison.
**Who controlled the Tocorón prison?**
The prison had been under the control of criminals for years, notably the Tren de Aragua crime group.
**Why is Bitcoin mining significant?**
Bitcoin mining is the process of minting new coins and securing the Bitcoin blockchain. It can be highly lucrative, with miners earning substantial amounts from transaction fees.
**Is cryptocurrency involvement a trend in Latin American crime?**
Yes, there's a growing trend among criminals in Latin America to integrate cryptocurrency into their operations, as seen in both Venezuela and Chile.
**How are authorities responding to this trend?**
The Venezuelan raid signifies a proactive approach by authorities, but the blending of crime with cryptocurrency highlights the need for continued vigilance and adaptability.
**That's all for today**
**If you want more, be sure to follow us on:**
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*DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.*
-
@ da0b9bc3:4e30a4a9
2025-01-15 07:17:24
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/850896
-
@ 141daddd:1df80a3f
2025-01-15 05:19:45
In the world of social media, the term "echo chamber" often carries a negative connotation. It’s associated with reinforcing biases, limiting perspectives, and fostering division. However, on platforms like **Nostr**, echo chambers take on a new, empowering dimension—one that allows users to consciously curate their own feeds and use them as tools for self-improvement and personal growth.
## The Power of Voluntary Echo Chambers
Unlike traditional social networks, where algorithms dictate what you see based on corporate interests or ad revenue, Nostr puts the power back in your hands. You choose the accounts you follow, the content you consume, and ultimately, the ideas that shape your thinking. This creates a **voluntary echo chamber**, one that reflects your personal interests and goals rather than the priorities of a centralized algorithm.
This concept ties into psychological principles like **autosuggestion** or **self-programming**. By surrounding yourself with content that aligns with your aspirations, you can subtly influence your thoughts and behaviors over time. For example:
- Following accounts that discuss **Bitcoin** might deepen your understanding of it even if you are normally lazy to do your own research.
- Subscribing to content about **meat eating** or **lifting** could motivate you to adopt those habits.
- Engaging with posts about **self-discipline** or **personal development** might inspire you to take actionable steps toward your goals.
Scrolling through your Nostr feed becomes more than a passive activity—it becomes a form of self-conditioning. Each post you see reinforces the values and ideas you’ve chosen to prioritize, nudging you toward the person you want to become.
## A Contrast with Traditional Social Media
On traditional platforms like Facebook, Instagram, or X, the feed is curated by algorithms designed to maximize engagement. These algorithms often prioritize sensationalism, controversy, or content that serves the platform’s business model. As a result, your brain is programmed not by your own goals, but by the interests of the corporation behind the platform.
This distinction is crucial. On Nostr, **you are the algorithm**. You decide what influences you, creating a space where your feed becomes a tool for self-improvement rather than a source of manipulation.
## Echo Chambers as Positive Spaces
The idea of an echo chamber isn’t inherently negative. In fact, any group or community built around shared interests can be considered an echo chamber. Think about:
- A **sports club**, where everyone encourages each other to train harder and improve.
- A **book club**, where members discuss ideas that expand their intellectual horizons.
- A **support group**, where people share experiences and motivate each other to overcome challenges.
These are all examples of echo chambers that people enter voluntarily, and they often lead to positive outcomes. The same principle applies to Nostr. By carefully curating your feed, you can create a digital space that motivates, educates, and inspires you.
## The Key to Beneficial Echo Chambers
The difference between a harmful and a beneficial echo chamber lies in **intentionality**. On Nostr, you have the freedom to:
1. **Choose your influences**: Follow accounts that align with your values and goals.
2. **Avoid manipulation**: Stay clear of (mute) content that doesn’t serve your interests.
3. **Adapt over time**: As your priorities evolve, so can your feed.
This level of control allows you to use echo chambers as a force for good—a way to program your mind for success, growth, and self-improvement.
## Final Thoughts
Nostr represents a paradigm shift in how we interact with social media. By giving users the power to create their own echo chambers, it transforms the concept from something limiting into something liberating. Your feed becomes a reflection of your aspirations, a tool for self-programming, and a space for growth.
So, the next time someone criticizes echo chambers, remember: when entered voluntarily and curated intentionally, they can be one of the most powerful tools for personal development. On Nostr, the choice is yours.
-
@ ae6ce958:d0f02c7d
2025-01-15 04:32:20
The world today stands at the confluence of unprecedented technological advancement and entrenched systemic challenges. Economic inequality, resource misallocation, and social fragmentation persist, often exacerbated by opaque systems that prioritize the interests of the few over the needs of the many. At the heart of these issues lies a critical flaw: the absence of transparent, verifiable accountability in behaviors and outcomes.
Enter DamageBDD, a revolutionary platform designed to automate behavioral verification and realign incentives; Damage Token, the accompanying utility token for integrating economic incentives; and Lightning Network Integration, enabling immediate liquidity for verified milestones. Together, they offer a transformative approach to addressing systemic challenges through fairness, transparency, and progress. This article critically explores the application of DamageBDD, Damage Token, and Lightning Network integration as tools to set the highest standards in behavioral verification, accountability, and real-world outcomes.
---
The Core Premise: Why Verification and Liquidity Matter
At its essence, DamageBDD is a response to a fundamental question: How do we ensure that what is promised is delivered, and how do we reward individuals and organizations fairly based on outcomes? In a world where centralized systems often obscure accountability, DamageBDD’s automated and decentralized verification capabilities bring clarity.
The integration of the Lightning Network, a Layer-2 scaling solution for Bitcoin, takes this premise further by enabling instant, low-cost payments for verified milestones. This seamless liquidity enhances trust and fosters participation across all levels of society.
1. Behavioral Verification as the Foundation
What It Is: Behavioral verification refers to the systematic confirmation that predefined actions or outcomes have occurred. Unlike trust-based systems, DamageBDD relies on automated verification, ensuring accuracy and fairness.
Why It Matters: Trust is fragile, and its erosion often leads to inefficiencies, fraud, and disillusionment. DamageBDD replaces subjective evaluation with objective, immutable validation, building systems that reward effort, not influence.
2. Lightning Network Integration for Instant Liquidity
What It Is: The Lightning Network allows fast, scalable transactions on the Bitcoin blockchain, providing near-instant payments with minimal fees.
Why It Matters: By integrating the Lightning Network, DamageBDD ensures that payouts for verified milestones are immediate. This reduces the financial risks often associated with delays in traditional systems and enhances liquidity for contributors.
3. The Role of Incentives
Incentives drive behavior. Misaligned incentives lead to inefficiencies, corruption, and exclusion. Damage Token, now enhanced with Lightning Network compatibility, ensures that rewards are directly tied to verified actions, fostering accountability and inclusivity.
---
DamageBDD in Action: The Vision of Practical Application
DamageBDD’s capabilities transcend industries, offering use cases that demonstrate its transformative potential:
1. Technology-Driven Development
Challenge: Traditional software development often suffers from misaligned incentives—developers prioritize delivery speed over quality, and stakeholders lack transparency into progress.
Solution: DamageBDD automates the verification of testing milestones. Paired with Lightning Network integration, developers receive immediate payouts upon milestone completion, incentivizing high-quality work.
Impact: Developers and stakeholders benefit from reduced friction, enhanced trust, and improved product outcomes.
2. Public Infrastructure and Governance
Challenge: Public projects are notoriously prone to corruption and inefficiency. Funds are misallocated, deadlines are missed, and trust in governance erodes.
Solution: DamageBDD integrates with public project management to verify milestone completion. Using the Lightning Network, payments are released instantly upon verification, ensuring accountability and liquidity.
Impact: Taxpayer money is safeguarded, public trust is restored, and projects deliver meaningful value without delays.
3. Education and Skill Development
Challenge: Traditional education systems prioritize rote learning over real-world skills, and students from disadvantaged backgrounds often lack access to resources.
Solution: DamageBDD tracks and verifies learning outcomes based on real-world applications, such as project submissions or skill demonstrations. Students are rewarded via the Lightning Network, enabling immediate access to resources.
Impact: A meritocratic system emerges, empowering learners regardless of background.
4. Decentralized Economies
Challenge: In traditional economies, wealth concentration and opaque systems marginalize individuals and small businesses.
Solution: Damage Token, coupled with DamageBDD and Lightning Network integration, creates decentralized economic systems where contributions are rewarded with immediate payouts for verified tasks.
Impact: Economic power shifts toward inclusivity, fostering a fairer distribution of resources.
---
The Higher Standard: What Sets DamageBDD Apart
For DamageBDD, Damage Token, and the Lightning Network to achieve their transformative potential, they must adhere to the highest standards of design and implementation. These principles distinguish them as tools for meaningful progress:
1. Transparency and Immutability
By leveraging blockchain technology, DamageBDD ensures that every verified action is recorded immutably. This transparency builds trust among participants and prevents manipulation.
2. Decentralization and Liquidity
Decentralization reduces systemic vulnerabilities, while Lightning Network integration ensures that liquidity is never a bottleneck for participants.
3. Ethical Alignment
Behavioral verification must respect individual autonomy and privacy. DamageBDD integrates ethical considerations, ensuring that data is used responsibly and that systems promote fairness.
4. Incentive Realignment
Damage Token ties economic incentives directly to verified actions, while the Lightning Network enables fast, frictionless access to rewards, fostering a more agile system.
5. Scalability and Adaptability
DamageBDD is designed to integrate seamlessly across industries and use cases, ensuring broad applicability without compromising its core principles.
---
Addressing Challenges: Critical Considerations
While the potential of DamageBDD and its ecosystem is immense, its implementation must navigate several challenges:
1. Adoption Barriers
Challenge: Organizations and individuals may resist adopting a new system, especially one that demands greater transparency and accountability.
Solution: Education, pilot programs, and highlighting the efficiency of instant payouts via the Lightning Network can foster trust and buy-in.
2. Technical Integration
Challenge: Integrating DamageBDD and Lightning Network with legacy systems may require significant effort.
Solution: Modular design and interoperability features ensure smoother integration and faster adoption.
3. Ethical and Privacy Concerns
Challenge: Behavioral verification involves data collection, which can raise privacy concerns.
Solution: DamageBDD adheres to stringent privacy standards, ensuring that data is anonymized and used ethically.
---
A Roadmap to the Future: Practical Progress Through Verification
The long-term success of DamageBDD and its ecosystem depends on their ability to create meaningful, measurable change. Here’s how they can drive progress:
1. Building Inclusive Systems
DamageBDD eliminates biases by evaluating behaviors, not backgrounds. This inclusivity ensures that opportunities are accessible to all.
2. Driving Accountability
By automating verification, DamageBDD holds individuals and organizations accountable for their actions, fostering trust and integrity.
3. Empowering Marginalized Groups
Damage Token, paired with the Lightning Network, provides immediate rewards, offering a lifeline for marginalized groups to participate in equitable systems.
4. Redefining Progress
By tying incentives to verified outcomes, DamageBDD shifts the focus from short-term gains to long-term impact, redefining what progress means in the 21st century.
---
Conclusion: The Vision of a Verified, Liquid Future
DamageBDD, Damage Token, and Lightning Network integration represent a paradigm shift in how we approach accountability, incentives, and progress. By automating behavioral verification and enabling instant liquidity, this ecosystem creates systems that are transparent, inclusive, and transformative.
In a world that often rewards power over merit and obscurity over transparency, DamageBDD sets a new standard. It is not just a technological evolution—it is a moral imperative, a call to action for organizations, governments, and individuals to embrace accountability and build systems worthy of humanity’s highest aspirations.
The tools are here. The vision is clear. The future is verified, liquid, and equitable.
-
@ 0fe1a615:c70a7ba5
2025-01-15 02:35:54
11
-
@ 16d11430:61640947
2025-01-15 02:13:17
Fiat monetary systems, often viewed as tools for economic stability and growth, are deeply anthropomorphic in their structure and impact. These systems reflect the essence of human nature: tribalism, competition, and the drive for survival. From our evolutionary roots to the intricacies of modern society, fiat systems amplify these instincts, shaping familial dynamics, societal structures, and even genetic outcomes. This article delves into the anthropological dimensions of fiat systems, exploring their strengths, weaknesses, and how individuals can navigate and exploit these systems to their advantage in an equitable manner.
---
Fiat Systems as an Extension of Human Tribalism
1. Tribalism and the Roots of Fiat
Humans are inherently tribal beings, evolved to form close-knit groups that ensure survival through resource sharing and kin protection. Fiat systems, governed by centralized entities like central banks and governments, mirror these tribal instincts:
Resource Centralization: Just as early tribes controlled access to food, water, and shelter, modern fiat systems centralize the control of money and credit.
Kinship Favoritism: Policy-making often reflects tribal loyalty, prioritizing the interests of elite families and economic classes. Wealth circulates within these "modern tribes," ensuring their dominance across generations.
2. The Sociological Impact
The societal effects of fiat systems are strikingly tribal in nature:
Class Stratification: Wealth concentration creates modern “tribes” defined by socioeconomic status, leading to rigid class divides.
Social Fragmentation: Disparities in resource access foster mistrust and division, weakening societal cohesion and reducing opportunities for collaboration.
Cultural Hegemony: Elite groups shape societal values and norms, perpetuating their influence and marginalizing alternative perspectives.
---
The Biological and Genetic Consequences
Fiat systems influence not only societal dynamics but also biological and genetic outcomes:
Health Disparities: Economic inequality leads to unequal access to healthcare and nutrition, creating long-term health and genetic advantages for wealthier groups.
Reproductive Patterns: Wealthier families often have higher reproductive success, while economically disadvantaged groups face declining birth rates due to financial stress.
Epigenetic Changes: Chronic stress caused by financial instability can lead to heritable epigenetic modifications, perpetuating cycles of disadvantage.
---
Economic and Evolutionary Weaknesses of Fiat Systems
While fiat systems are powerful, they are not invincible. Their weaknesses arise from their anthropomorphic tendencies, making them susceptible to manipulation and exploitation:
1. Over-Reliance on Centralization
Weakness: Centralized control creates inefficiencies, corruption, and vulnerabilities to mismanagement.
Exploitation Opportunity: Individuals can leverage decentralized systems (like Bitcoin) to protect their wealth from inflation and bypass the limitations of fiat systems.
2. Inflation as a Silent Tax
Weakness: Inflation erodes purchasing power, disproportionately affecting savings and fixed-income earners.
Exploitation Opportunity: Investing in assets that appreciate with inflation (e.g., real estate, gold, or cryptocurrencies) can preserve and grow wealth.
3. Debt Dependence
Weakness: Fiat systems thrive on debt, creating cycles of dependency that can cripple individuals and nations.
Exploitation Opportunity: By avoiding unnecessary debt and prioritizing investments in education and skill development, individuals can escape the debt trap and build long-term financial stability.
4. Wealth Inequality
Weakness: The concentration of wealth limits economic mobility and stifles innovation.
Exploitation Opportunity: Understanding the policies and mechanisms that benefit the wealthy (e.g., tax strategies, asset allocation) can help individuals replicate these practices ethically to improve their financial standing.
---
Anthropomorphic Resilience: How to Thrive in a Fiat World
1. Leverage Knowledge and Financial Literacy
Educate yourself on the nuances of monetary policy, taxation, and investment strategies.
Use this knowledge to navigate fiat systems effectively, turning systemic biases into personal opportunities.
2. Embrace Decentralization
Explore decentralized financial systems like Bitcoin to protect your wealth from inflation and central control.
Advocate for policies that promote equitable access to resources and reduce systemic barriers.
3. Build Resilient Networks
Cultivate strong social and professional networks that provide support and opportunities.
Recognize the tribal nature of human relationships and use it to create inclusive, collaborative communities.
4. Invest in Future Generations
Break the cycle of disadvantage by investing in education, health, and skill development for yourself and your family.
Prioritize long-term thinking over short-term gains to create lasting wealth and resilience.
---
Critically Examining the Future of Fiat and Tribalism
Fiat systems, for all their flaws, are a reflection of humanity’s deepest instincts. They embody our desire to control resources, protect kin, and ensure survival. However, these same traits make fiat systems vulnerable to exploitation and perpetuation of inequality. Recognizing this duality is the first step toward reform.
1. The Need for Equity: By addressing the biases inherent in fiat systems, we can create more inclusive policies that benefit all members of society, not just the privileged few.
2. The Role of Individuals: Each person has the power to navigate and exploit these systems ethically, turning their weaknesses into opportunities for growth and empowerment.
3. The Path Forward: As humanity evolves, so too must our economic systems. By embracing decentralization, fostering education, and prioritizing collective well-being, we can transcend the limitations of tribalism and build a more equitable world.
---
Conclusion: The Humanity in Fiat
At its core, the fiat monetary system is neither inherently good nor evil—it is simply human. It reflects our strengths and weaknesses, our ambitions and fears. By understanding the anthropomorphic nature of fiat systems, we can navigate their complexities, address their flaws, and ensure they serve humanity rather than divide it. In doing so, we honor the best of what it means to be human: the ability to adapt, evolve, and create a future that transcends our tribal roots.
Research References
The intersection of tribalism, monetary systems, and societal evolution has intrigued thinkers across multiple disciplines, though often explored indirectly or in fragmented ways. Here are some prominent individuals and schools of thought that have touched upon these ideas:
---
1. Anthropologists and Sociologists
Yuval Noah Harari:
Books: Sapiens: A Brief History of Humankind, Homo Deus.
Harari delves into humanity's tribal instincts, the role of shared myths (like money), and how these constructs shape societies. He discusses how systems like fiat currency act as collective fictions that unite and divide.
Emile Durkheim:
Durkheim explored how social cohesion and division are influenced by economic and societal structures, foreshadowing modern critiques of capitalism and monetary systems.
Marshall Sahlins:
Books: Stone Age Economics.
Sahlins analyzed the economic behaviors of early societies, highlighting the transition from tribal economies to centralized systems, including the rise of monetary mechanisms.
---
2. Economists and Monetary Theorists
John Maynard Keynes:
Keynes laid the foundation for modern monetary policy and explored how centralized control of money influences societal outcomes. Critics of Keynesian economics often highlight its potential to create inequality, unintentionally favoring elite "tribes."
Friedrich Hayek:
Books: The Road to Serfdom.
Hayek critiqued centralized monetary systems and advocated for decentralized economic structures, anticipating the rise of alternatives like Bitcoin.
Karl Marx:
Books: Das Kapital.
Marx argued that monetary systems are tools of class oppression, perpetuating tribal dynamics between the bourgeoisie and proletariat.
Saifedean Ammous:
Books: The Bitcoin Standard.
Ammous critiques fiat currency as a tool of wealth erosion and argues for Bitcoin as a decentralized alternative to counteract the tribal favoritism embedded in monetary systems.
---
3. Evolutionary Biologists and Geneticists
Richard Dawkins:
Books: The Selfish Gene.
Dawkins popularized the idea that genetic survival drives human behavior, including tribalism. While not explicitly discussing fiat systems, his work underpins theories on how resource allocation and power structures serve genetic imperatives.
E.O. Wilson:
Books: The Social Conquest of Earth.
Wilson explored how tribalism and group selection shape human societies, touching on themes relevant to how monetary systems reinforce social hierarchies.
---
4. Philosophers and Political Thinkers
Friedrich Nietzsche:
Nietzsche’s critiques of power and morality resonate with discussions on fiat systems, particularly the idea that such systems perpetuate control mechanisms favoring the powerful.
Hannah Arendt:
Books: The Human Condition.
Arendt examined the relationship between power, labor, and societal structures, providing a philosophical lens to understand how monetary systems influence human behavior.
---
5. Modern Bitcoin and Decentralization Advocates
Andreas M. Antonopoulos:
Books: The Internet of Money.
Antonopoulos advocates for decentralized systems like Bitcoin to counteract the inequalities and tribal dynamics perpetuated by fiat systems.
Balaji Srinivasan:
Ideas: Srinivasan often discusses the intersection of technology, economics, and societal evolution, emphasizing decentralized systems as a way to break free from entrenched tribal hierarchies.
---
6. Historians and Futurists
Will Durant:
Books: The Lessons of History.
Durant explored how economic systems and tribal instincts shape civilizations over time, offering a historical lens on modern monetary practices.
Arthur C. Clarke:
Clarke's science fiction often speculated on humanity’s evolution, blending technology, sociology, and biology to imagine futures where human instincts like tribalism adapt to new paradigms.
Alvin Toffler:
Books: Future Shock.
Toffler explored the impacts of rapid societal and technological change, touching on how economic systems evolve alongside human psychology.
---
7. Cultural Critics and Theorists
Joseph Campbell:
Books: The Hero with a Thousand Faces.
Campbell’s work on myth and archetypes provides insights into how shared cultural narratives, including those tied to money and power, shape human societies.
Frantz Fanon:
Books: The Wretched of the Earth.
Fanon analyzed the impacts of colonialism and economic exploitation on societal structures, resonating with critiques of fiat systems as tools of dominance.
---
8. Technologists and Cryptographers
Satoshi Nakamoto (Pseudonym):
The creator of Bitcoin, Nakamoto's vision challenges fiat systems and their inherent tribal favoritism, advocating for a decentralized, egalitarian alternative.
Nick Szabo:
Ideas: Szabo’s work on “smart contracts” and the history of money examines how monetary systems reinforce or dismantle tribal hierarchies.
---
Conclusion: An Evolving Discourse
While no single thinker has encapsulated the entire intersection of tribalism, genetics, fiat systems, and societal evolution, the cumulative insights of these scholars and innovators offer a comprehensive framework. Their work collectively illuminates how fiat systems reflect and amplify human instincts, providing fertile ground for future exploration and critique.
-
@ 52adc2ef:9f4bc0ba
2025-01-15 00:39:54
ใครที่ติดตามข่าวสารการเงิน อาจจะเคยได้ยินชื่อ
บริษัท Microstrategy (MSTR) ของ Michael Saylor
ซึ่งเป็นบริษัทที่ซื้อ Bitcoin เก็บมหาศาล เเละได้เอา Bitcoin เป็น Reserve ของบริษัท เเละทำให้มูลค่าของบริษัทเพิ่มขึ้นกว่า 1,000%
มีการออก Convertable Bond กู้เงินมาซื้อเป็น Bitcoin เป็นจำนวนมาก
คนภายนอกที่ไม่เข้าใจอาจจะคิดว่าซื้อ Bitcoin เก็บเนี่ยนะ ผันผวนมาก
คำถาม คือ Michael Saylor เค้าเห็นอะไรเเละกลยุทธ์ของบริษัท
ในการทำคืออะไร ที่แค่ซื้อ Bitcoin บริษัทมูลค่าเพิ่มขึ้นมากขนาดนี้
มีความเสี่ยงอะไรมั้ย ณ ตอนนี้ มีบริษัทอื่นๆเริ่มที่จะใช้กลยุทธ์เดียวกัน
สรุปจากคลิป
Saylor กู้ซื้อบิตคอยน์ยังไงให้ตลาดสะเทือน | Right Talk EP.7
https://www.youtube.com/live/mxAFqnL7MxY?si=JbETn-4CGR7EP_v1
### การลงทุนและการออม
ก่อนจะไปที่กลยุทธ์ เราต้องเข้าใจการออมเเละการลงทุนกันก่อนครับ
*การออม*
คือ การเก็บเงินไว้ในที่ที่ปลอดภัย เเละใช้เมื่อยามจำเป็นหรือจะจุดประสงค์อะไรก็ตาม ควรเก็บในสิ่งที่เก็บมูลค่าได้ ไม่เสื่อมสลาย
*การลงทุน*
คือ การต้องการเงินเพิ่ม เเละมีความเสี่ยงว่าสามารถสูญเสียเงินบางส่วนไปได้
ระบบการเงินที่ควรเป็นคือ เงินควรรักษามูลค่าของมันได้ เเละ เพิ่มอำนาจการจับจ่ายใช้สอย
ถ้าเงิน 100 บาท สามารถทำให้อยู่ใช้ชีวิตได้ การลงทุนคงไม่จำเป็นเเค่เก็บออมก็เพียงพอ
เงิน 100 บาท กับ เงิน 1,000,000 บาท อำนาจการใช้สอยไม่เท่ากัน
เเต่เเค่เงิน 100 บาท เพียงพอสำหรับคนที่ใช้ชีวิตอยู่ได้เพียงพอเเล้ว
เเต่ในระบบ Fiat ปัจจุบัน ทำให้เงินมีมูลค่าน้อยลง ทุกคนจึงถูกบังคับให้ไปลงทุน
บีบให้คนที่ต้องการแค่ออมต้องไปลงทุน ไม่ใช่ทุกคนที่จะลงทุนเเล้วสามารถทำกำไรจากตลาดได้
Bitcoin ทำให้การออมเเละการลงทุน แยกออกจากกันอย่างที่ควรจะเป็น
### กลยุทธ์ของ MSTR
#### 1.หุ้นกู้แปลงสภาพ หรือ Convertable Bond
Saylor ใช้วิธีการออก "หุ้นกู้แปลงสภาพ" หรือ Convertable Bond
หุ้นกู้แปลงสภาพ คือ
หุ้นกู้ที่แถมสิทธิ์ แปลงจากหนี้เป็นทุน
ถ้าคุณให้ กู้ 100 บาท แทนที่จะคืนเป็นเงินเเต่ให้สิทธิ์เปลี่ยนหนี้เป็นหุ้นของบริษัทได้
จาก 100 บาท แปลงไปไปหุ้นของทางบริษัทแทน
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/52adc2ef265d6627e11ce40d532fd208f13bf24c2b5ab6f82c929aed9f4bc0ba/files/1736431130076-YAKIHONNES3.jpg)
*ขอบคุณรูปภาพจาก*
https://www.thaibma.or.th/EN/Investors/Individual/Blog/2017/01112017.aspx
เมื่อราคา Bitcoin ขึ้น ราคาสินทรัพย์ของบริษัทก็จะมากขึ้น แทนที่ทาง Saylor จะคืนเป็นเงินเปลี่ยนคืนเป็นหุ้นบริษัทแทน
ถ้าพูดในอีกแง่ คือ มีความสามารถพิมพ์เงินเองได้ในรูปแบบของหุ้น ออกหุ้นใหม่จ่ายหนี้ของตัวเองได้เรื่อยๆ
ในกรณีปกติ ผู้ลงทุนที่จะซื้อหุ้นกู้แปลงสภาพนั้น ต้องคาดการณ์ว่าหุ้นบริษัทนี้ขึ้น เพราะแทนที่จะได้เงินคืนได้เป็นหุ้นจะมีมูลค่ามากกว่า เเละไปขายในตลาดต่อได้
เเละหุ้นกู้แปลงสภาพจะมีดอกเบี้ยต่ำกว่าหุ้นกู้ทั่วไป เพราะบริษัทที่ออกมั่นใจว่าหุ้นของตนนั้นมีโอกาสที่จะมีมูลค่าเพิ่มขึ้น จึงต้องการเงินกู้ที่มีดอกเบี้ยต่ำกว่าเเต่คุณก็ได้หุ้นไป
#### 2.มีความรู้เรื่อง Bitcoin เเละ Cycle ของ Bitcoin
Saylor มีการศึกษาเรื่อง Bitcoin เป็นอย่างดี ว่าอนาคตสามารถที่จะเป็น
Store of value เเละ เป็นทองคำดิจิตอล
รู้เรื่อง cycle 4 ปีของ Bitcoin ที่จะมี Having
(Having คือ ทุก 4 ปี Bitcoin จะมี Supply ลดลงครึ่งนึง)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/52adc2ef265d6627e11ce40d532fd208f13bf24c2b5ab6f82c929aed9f4bc0ba/files/1736433296440-YAKIHONNES3.jpg)
*ขอบคุณรูปภาพจาก*
https://tabtrader.com/academy/articles/bitcoin-halving-what-is-it-and-why-it-matters
ถ้าสมมุติว่า มีความต้องการเหมือนเดิม เเละ มี Supply ลดลงครึ่งนึง
ตามหลักเศรษฐศาสตร์ทั่วไปเเล้ว ราคาจะต้องเพิ่มขึ้น เพราะความต้องการมากกว่าความสามารถในการผลิต
เเละวงจรของ Bitcoin เมื่อราคาขึ้นสูงสุดในทุกรอบมันจะลงมาทำราคา Low จากยอด
ตามสถิติประมาณ 70-80%
ซึ่งต้องวางแผนให้รอดในช่วงราคาต่ำสุดในเเต่ละรอบจึงออกเเบบให้มีระยะเวลา 5 ปี เพื่อที่จะครอบคลุมช่วงเวลาที่ราคา Bitcoin ต่ำสุดที่ใช้เวลารอบละประมาณ 4 ปี
#### 3.มีความเข้าใจ Option
Option หรือ สัญญาสิทธิ
คือ สัญญาที่ผู้ซื้อได้รับ *สิทธิที่จะซื้อ* หรือ *สิทธิที่จะขาย* จากผู้ขาย
อ้างอิงราคา จำนวน เเละ ระยะเวลา โดยจ่ายค่าพรีเมี่ยม เเละ เลือกที่จะใช้สิทธิหรือไม่ก็ได้
ที่ต้องนำเอา Option มาใช้ เนื่องจากมีการคิดมาเเล้วว่า ถ้าช่วง Bear Market ของ Bitcoin การที่จะขายหุ้นกู้จะยากขึ้นเพราะราคา Bitcoin ลง หุ้นของบริษัทต้องลดลง
งั้นวิธีที่นำมาใช้ให้สามารถขายหุ้นกู้ในทุกสภาพตลาด
และเครื่องมือที่ใช้ทำกำไรหรือป้องกันความเสี่ยงนั้นคือ *Option*
ตัวอย่างของ Option
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/52adc2ef265d6627e11ce40d532fd208f13bf24c2b5ab6f82c929aed9f4bc0ba/files/1736847793716-YAKIHONNES3.jpg)
*ขอบคุณรูปภาพจาก*
https://www.setinvestnow.com/th/derivative/what-are-futures-and-options
ตัวอย่าง
เปิดจองหุ้นขายสิทธิในการซื้อหุ้นที่ราคา 100 บาท
โดยต้องจ่ายค่าจอง 5 บาท(ค่าพรีเมี่ยม)
ถ้าราคาหุ้นวิ่งขึ้นไป 110 บาทเเสดงว่าเราได้กำไร 5 บาทเนื่องจากต้องจ่ายค่าพรีเมี่ยมไป 5 บาท
ถ้าราคาหุ้นวิ่งลง 80 บาทเราก็จะไม่ทำการใช้สิทธิเพราะว่าไปซื้อหุ้นจริงๆราคาถูกกว่าการซื้อตามสิทธิเเต่เราจะเสียเเค่ค่าพรีเมี่ยม
ซึ่ง *หุ้นเเปลงสภาพ* ของ Saylor นั้นเป็นการซื้อหุ้นเเละได้สิทธิของ option มาด้วย
เเละฟรีค่าพรีเมี่ยม
#### 4.Delta Hedged Call
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/52adc2ef265d6627e11ce40d532fd208f13bf24c2b5ab6f82c929aed9f4bc0ba/files/1736859761231-YAKIHONNES3.jpg)
*ขอบคุณรูปภาพจาก*
https://thefinancialengineer.org/financial-engineering/volatility-engineering-and-volatility-trading/
การจะเข้าใจ Delta Hedged Call ต้องเข้าใจ
*ความผันผวน*
ความผันผวนในราคาหุ้น คือ
ตัวอย่าง
ราคาหุ้น A ใน 1 วันมีการวิ่งของราคาจาก 100 บาทไปที่ 200 บาทลงไปที่ 50 บาทเเละกลับมาที่ราคา 100 บาท
ราคาหุ้น B ใน 1 วันมีการวิ่งของราคา 100 บาทไปที่ 105 บาทลงไปที่ 95 บาทเเละกลับมาที่ราคา 100 บาท
แสดงว่า หุ้น A มีความผันผวนมากกว่าหุ้น B
ซึ่งมันจะมีวิธีการในการหากำไรจากความผันผวนของราคา โดยไม่ต้องสนใจเรื่องของราคาหุ้น
**Concept ของ Delta Hedged Call**
หลังจากที่เข้าใจ option ความผันผวนเเล้ววิธีการ
คือ การ call option เเละ Short sell หุ้น เพื่อ Hegding หุ้นตัวเอง
ตัวอย่าง
```
ปัจจุบันราคาหุ้น 100 บาท call option ราคาใช้สิทธิที่ 200 บาท
ราคาหุ้นได้มีการวิ่ง 150 บาท ลงมา 80 บาท กลับมาที่ราคา 110 บาท
```
สินทรัพย์ที่มีความผันผวนสูง ราคาพรีเมี่ยมจะมากกว่าราคาที่ Short sell เพราะนักลงทุนจะรู้สึกว่ามีโอกาสที่ราคาจะวิ่งไปที่ราคาใช้สิทธิที่ 200 บาท
กลับกัน
```
ราคาสินทรัพย์ 100 บาท call option ราคาใช้สิทธิที่ 200 บาท
ราคาหุ้นได้มีการลงมา 80 บาท ขึ้นไปที่ 150 บาท กลับมาที่ราคา 90 บาท
```
ราคาพรีเมี่ยมจะลงน้อยกว่าราคาที่ Short sell เพราะนักลงทุนจะรู้สึกว่ามีโอกาสที่ราคาจะวิ่งกลับไปราคาใช้สิทธิที่ 200 บาทได้
ซึ่งกราฟนี้จะเป็นไปได้คือ หุ้นต้องเหวี่ยงเเรงขึ้นเรื่อยๆ
การใช้ความผันผวนของสินทรัพย์ต้องหาสินทรัพย์ที่ผันผวน
Bitcoin ถือเป็นสินทรัพย์ที่ผันผวนมากที่สุดตัวนึง
ทำให้ราคาหุ้นของ MSTR นั้นผันผวน ทำให้ saylor กล้าที่จะตั้งราคาแปลงสิทธิ์สูงกว่าหุ้นถึง 55%
(หุ้นแปลงสภาพของ MSTR
ราคาใช้สิทธิคือ 672 ดอลล่าร์ต่อหุ้นขณะที่ราคา 19/11/2024
อยู่ที่ 433 ดอลล่าร์ต่อหุ้น สามารถดูเพิ่มเติมที่
https://www.microstrategy.com/press/microstrategy-completes-3-billion-offering-of-convertible-senior-notes-due-2029-at-0-coupon-and-55-conversion-premium_11-21-2024)
จะเห็นได้ว่านักลงทุนที่เข้าใจระบบนี้ทำกำไรได้ทั้งราคาขึ้นเเละลง
ทำให้หุ้นกู้ของ MSTR นั้นสามารถขายได้
เเละนำเงินไปซื้อ Bitcoin
ทำให้ราคาผันผวนมากขึ้นอีก
### จำนวนหุ้นมากขึ้นมูลค่าหุ้นของผู้ถือหุ้นเดิมจะลดลงมั้ย?
โดยปกติการออกหุ้นเพิ่มจะทำให้มูลค่าของหุ้นลดลงเช่น
ผู้ถือหุ้นเดิมมี 100 หุ้น ทั้งบริษัทมี 1,000 หุ้น คิดเป็น 10%
ออกหุ้นเพิ่ม 1,000 หุ้นเป็น 2,000 หุ้น
สัดส่วนของผู้ถือหุ้นเดิมเป็น 5%
ทำให้มูลค่าของผู้ถือหุ้นเดิมลดลงด้วย
เเต่ MSTR ให้ราคาเเปลงสิทธิมากกว่า 50% ทำให้ผู้ถือหุ้นเดิมได้มูลค่าเพิ่มขึ้น
ตัวอย่าง
```
หุ้นบริษัท 10 หุ้น
Bitcoin 10 BTC
Bitcoin/Share = 1 BTC
```
สิ่งที่ MSTR ทำ
```
หุ้นกู้ 100 บาท
ราคาBitcoin 100 บาท
ราคาแปลงสิทธิ 50% = 200 บาท
แปลงได้ 0.5 หุ้น
หุ้นบริษัทหลังออกหุ้นกู้ 10.5 หุ้น
Bitcoin 11 BTC
Bitcoin/share = 1.045 BTC
```
ทำให้นักลงทุนเดิมได้มูลค่ามากขึ้นด้วย ซึ่งเอื้อให้ได้ประโยชน์กับทุกฝ่าย
เเละเมื่อราคา Bitcoin เพิ่มมูลค่าบริษัทก็มากขึ้นตาม ทำให้บริษัทมีความน่าเชื่อถือ
ในการออกหุ้นกู้ได้มากขึ้นอีก
จากกระบวนการนี้เป็นการวนลูปเพื่อสามารถเพิ่ม Bitcoin ได้เรื่อยๆตราบที่ Bitcoin มีมูลค่าเเข็งเเกร่งกว่าดอลล่าร์
### ความเสี่ยงเเละอนาคตของกลยุทธ์นี้
สิ่งที่จะทำให้กระบวนการนี้ไม่ได้ผลคือ เมื่อ Bitcoin ตาย
หรือสูญเสียความสามารถการเป็น Store of value
กระบวนการนี้จะทำให้มูลค่าของบริษัทหายไปอย่างรวดเร็ว
#### บริษัทอื่นทำตามเเละถ้าระดับประเทศทำได้มั้ย?
เเน่นอนว่ามูลค่าของ Bitcoin เพิ่มมากขึ้นเเน่ๆเเละคนที่ได้ประโยชน์ก็คือ MSTR
ถ้าบริษัท Apple หรือ Google เริ่ม Reserve Bitcoin จะทำให้มีเเรงกระเพื่อมให้บริษัทอื่นๆทำตาม มีโอกาสที่ supply ของ Bitcoin น้อยลงมากจะเกิดการเเย่งชิงกันขึ้น
ยิ่งระดับประเทศสามารถลดกลไกของการกู้ได้ทันที
เพราะพิมพ์เงินมาซื้อเพื่อปลดหนี้ของตัวเองได้
ตัวอย่างในอดีตมีมาเเล้วที่ พิมพ์เงินที่อ่อนค่ากว่าไปซื้อสินทรัพย์ที่เเข็งกว่า
ต้องพิมพ์เงินให้เเรงที่สุดไปซื้อให้ได้มากที่สุด ล้างหนี้เเละประกาศเงินสกุลใหม่
สรุปสุดท้ายทั้งหมดนี้เป็นการพูดคุย ทฤษฎี ที่คิดว่าทาง MSTR ของ Michael Saylor น่าจะมีกลยุทธ์ในการเก็บ Bitcoin โดยใช้ความรู้ Traditional Financial ในการแปลงทรัพย์สินจากเงิน Fiat เป็น Bitcoin
หวังว่าจะเป็นประโยชน์กับทุกคนนะครับบบ
-
@ db625e76:f5ba6fa7
2025-01-15 00:26:44
Introduction: Rethinking Our Role in Planetary Systems
Imagine our planet as a living, breathing organism with an incredibly complex metabolic system. At the heart of this system lies carbon—the fundamental building block of life—constantly moving and transforming through an intricate global cycle. But what if this cycle has a critical flaw, and what if humans are accidentally becoming its unexpected solution?
The carbon cycle is more than just a scientific concept; it's the circulatory system of our planet. Carbon moves between the atmosphere, living organisms, oceans, and underground reserves in a delicate dance that has sustained life for millions of years. Yet, hidden within this process is a paradox that could potentially threaten the very system that supports life as we know it.
The Carbon Sequestration Puzzle: A Planetary Challenge
Plants are nature's most sophisticated carbon capture machines. Through photosynthesis, they pull carbon dioxide from the atmosphere, breaking it down and incorporating carbon into their tissues. Roots, stems, leaves—all become repositories of captured carbon. While this process creates oxygen and builds biomass, it also represents a one-way mechanism that gradually depletes atmospheric carbon.
Consider the long-term geological perspective. Over millions of years, vast amounts of carbon have been permanently removed from atmospheric circulation. Ancient forests compress into coal, marine organisms transform into oil, creating enormous carbon sinks. Each of these processes progressively reduces the available carbon dioxide that future plants will need to survive.
Biological systems typically develop feedback mechanisms to prevent such unidirectional processes. However, in the carbon cycle, natural regulatory systems have been limited. Decomposition returns some carbon to the atmosphere, but not nearly at the rate of sequestration. Volcanic activity once played a crucial role in carbon redistribution, but planetary cooling has significantly reduced volcanic intensity.
The Unexpected Role of Humans
Here's where human activity becomes fascinating. Our extraction and burning of fossil fuels—often criticized as environmentally destructive—can be viewed through an entirely different lens. By releasing ancient carbon stores back into the atmosphere, humans might be inadvertently counteracting the long-term depletion of atmospheric carbon.
Think of it like a global life support system. Volcanoes used to be the primary mechanism for redistributing carbon, essentially "resetting" the game board. As volcanic activity decreases, humans have unknowingly stepped into this role. We're extracting carbon that was locked away for millions of years and returning it to atmospheric circulation.
Evolutionary Perspective: Humans as a Planetary Mechanism
This perspective challenges our traditional understanding of humanity's relationship with the planet. We're not just consumers or destroyers, but potentially a critical component of a larger, more complex ecological regulatory mechanism. Evolution might have developed humans as a solution to a systemic challenge in the carbon cycle.
Our technological interventions—fossil fuel extraction, agricultural practices, emerging carbon capture technologies—can be seen as more than just human activities. They might represent a planetary-scale adaptive response, ensuring the continued availability of carbon for photosynthetic life.
Philosophical Implications
This theory invites us to reconsider our place in the world. We're not external to the system of life, but an integral part of a sophisticated planetary process. Our actions, often viewed as destructive, might actually be part of a broader mechanism of planetary self-regulation.
It's crucial to note that this perspective doesn't absolve us of environmental responsibility. Instead, it suggests a more nuanced understanding of human impact. We are active participants in an incredibly complex system, potentially fulfilling a role that has been millions of years in the making.
Conclusion: A New Way of Seeing
The carbon cycle is not a simple, linear process, but a dynamic, adaptive system. Humans represent an unexpected variable in this equation—a potentially purposeful mechanism for maintaining the delicate balance necessary for continued life on Earth.
This perspective challenges us to think beyond simplistic narratives of environmental destruction. It suggests that our relationship with the planet is far more intricate and potentially purposeful than we've previously imagined.
We are not just observers of life's complexity, but active participants in a planetary mechanism of remarkable sophistication and potential purpose.
-
@ 000002de:c05780a7
2025-01-14 23:37:42
Sometimes I forget that there are people that actually fall for corporate press propaganda.
Heard it said recently that the deep state is a conspiracy theory.
That is so stupid I almost don't know how to respond. That's like there are never politics in the office or at your company. The very idea that career bureaucrats and people in 3 letter agencies would not push back against politicians is absurd on its face. Its beyond naive.
Often I find that people have their heads in the sand. They cover their ears because they do not want to accept that the world is more complex and dark that they were told in their government school.
![](https://m.stacker.news/72986)
I recommend everyone watch the BBC show "Yes Minister!". Its one of the best examples of how the establishment in a government work against the politicians. It also doesn't paint the politicians in a good light. But the biggest reason to watch this show is that is so funny.
originally posted at https://stacker.news/items/850633
-
@ 16d11430:61640947
2025-01-14 21:31:36
In every town, in every home, there lies a force unseen but deeply felt. It does not bear a face or speak a word, yet its presence governs lives and decides destinies. This force, born of human invention, is the fiat monetary system. Like a shadow cast over the dinner table, it molds the lives of families in ways that few can name but all can feel.
---
The Weight of a Dollar That Isn't Worth a Dollar
Families, once the heart of a community, find themselves stretched thin under the weight of money that promises security but delivers uncertainty. Inflation, a quiet thief in the night, robs the hard-earned savings of parents who dream of brighter futures for their children. They sit at kitchen tables, bills spread like playing cards, and wonder how far their dollars will stretch this month. The dreams of vacations, college funds, or even a night out fade beneath the gnawing fear of rising prices and unpaid debts.
Debt itself is a serpent, coiled tightly around many a household. It whispers promises of homes, cars, and comforts, but its grip tightens with each passing month. Fathers work longer hours; mothers take second jobs. The children, left to their own devices, grow up in homes where the light of connection dims under the weight of obligation.
---
A House Divided by Numbers
Fiat money divides more than just wealth; it divides hearts and homes. Generations, once bound by shared struggle and sacrifice, now find themselves at odds. Parents, raised on tales of hard work and thrift, watch their children struggle beneath mountains of student debt and stagnant wages. The younger generation looks at their elders with a mix of envy and resentment, wondering why the ladder to success seems shorter for them.
This divide is not born of malice but of a system that values numbers over people. As communities grow wealthier in goods, they grow poorer in connection. Neighbors no longer gather on porches to share stories; families no longer sit down to meals together. The bonds that hold society together fray, one thread at a time.
---
The Exodus of Hope
In towns where opportunity dries up like a summer creek, young people leave, chasing dreams in distant cities. They promise to send money back home, but the miles between them and their kin grow longer with each passing year. Children grow up without grandparents; siblings become strangers. The family, once a stronghold, becomes a memory of what was and what could have been.
This migration is not born of greed but necessity. The fiat system creates deserts where once there were gardens, forcing people to seek greener pastures. But in the pursuit of individual prosperity, the roots of community are pulled up, leaving behind only dust and longing.
---
A Silent Burden on the Heart
The fiat system does not shout; it whispers. It whispers to parents as they lie awake at night, counting the cost of a child’s education. It whispers to children who watch their parents argue over money. It whispers to the elderly who wonder if their pensions will last. This constant hum of worry and uncertainty wears on the spirit, making joy a fleeting visitor in many homes.
The toll is not just financial but emotional. Anxiety becomes a constant companion; stress seeps into every corner of life. Families, once a refuge from the world, become battlegrounds where arguments over money take the place of laughter and love.
---
A Glimpse of Light
But even in the darkest corners, there is always a glimmer of hope. Some see a way out—a return to something simpler, something fairer. They dream of a world where money does not dictate worth, where families are not torn apart by financial strain, where communities are built on trust and shared purpose.
This vision is not easy to grasp, but it grows stronger with each passing day. It is a reminder that no system, no matter how powerful, is greater than the human spirit. Families have weathered storms before, and they will again. Perhaps, one day, they will gather around tables not to divide burdens but to share dreams, free from the chains of a system that seeks to control them.
---
Conclusion: A Call to Remember
The fiat system may govern the world, but it does not define it. At the heart of every family lies something far more valuable than money—love, resilience, and the hope of a better tomorrow. In remembering this, perhaps we can find a way to break free from the invisible chain and rebuild the bonds that truly matter.
For in the end, it is not wealth or power that sustains a family but the simple act of being together, unbroken by the weight of the world. And that, above all, is a treasure no system can take away.
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@ dff95033:862fbf40
2025-01-14 19:51:34
Você já se sentiu transportado para outro mundo ao ler um livro? Já se perguntou como uma história fantástica pode nos ensinar tanto sobre a realidade? Se a resposta for sim, prepare-se para uma aventura épica! Apresentamos o projeto “*Peregrinos da Fé: Uma Jornada Católica pela Terra-média*”, ou como também é conhecido, a “*Série sobre a Idade Média baseada nas obras de Tolkien*”, um convite para explorar a obra de J.R.R. Tolkien de uma forma que você nunca imaginou.
<img src="https://blossom.primal.net/6ef17643babb13570014fe546e8e660be2c638f3848315e56d0d059da99aaa74.jpg">
Imagine mergulhar na Terra-média, não apenas como um leitor passivo, mas como um explorador em busca de conhecimento e reflexão. Este não é um clube do livro qualquer; é uma jornada que une a fantasia com a filosofia, a história e a mitologia, tudo para iluminar o nosso próprio mundo.
## O Que Esperar Desta Aventura?
- **Encontros Quinzenais:** A cada 15 dias, vamos nos reunir para desvendar os mistérios da Terra-média. Cada encontro será uma oportunidade para aprofundar sua compreensão da obra de Tolkien e como ela se conecta com a sua vida.
- **Estrutura da Jornada:** Cada sessão será dividida em três partes:
- Primeiro, vamos apresentar e discutir o texto da vez, mergulhando nas páginas dos livros de Tolkien.
- Em seguida, vamos explorar o contexto e a análise filosófica, conectando os temas da Terra-média com questões do nosso mundo, como poder, sacrifício e moralidade.
- E, finalmente, teremos um espaço para discussão, reflexões e perguntas, incentivando você a usar a literatura para entender melhor a sua própria realidade.
- **Um Mapa para a Terra-média:** Vamos seguir uma ordem cronológica da história da Terra-média, não a ordem em que os livros foram publicados, como se estivéssemos lendo a Bíblia. Usaremos uma [planilha especial](https://docs.google.com/spreadsheets/d/1Avel5GpkeZ_en9IwFRnskAylb6u7PNoRVisPjfLHO8o/edit?usp=sharing), acessível a todos, que indica a ordem de leitura, capítulos, status e observações para cada livro.
- **Obras que Serão Desvendadas:** Prepare-se para explorar um vasto universo, incluindo Silmarillion, A História da Terra-média, Beren e Lúthien, Os Filhos de Húrin, Contos Inacabados, O Senhor dos Anéis, O Hobbit e muito mais.
- **Reflexões Profundas:** Começaremos nossa jornada filosófica com a criação da Terra-média em Ainulindalë, refletindo sobre a ordem no caos, o poder da música e a eterna luta entre o bem e o mal.
## Por Que Embarcar Nesta Jornada?
Este projeto não é apenas sobre ler livros; é sobre encontrar significados e conexões com o nosso mundo. A obra de Tolkien é rica em temas que tocam o coração humano, como a busca por sentido, a corrupção do poder e a importância da amizade. Ao explorar a Terra-média, você poderá encontrar respostas para as suas próprias perguntas e desvendar a magia que existe em cada um de nós.
## Como Começar?
https://youtu.be/n5pEMpchvWw
Assistir primeira sessão, a leitura recomendada é *Ainulindalë*, do livro Silmarillion. E uma pergunta para sua reflexão: “*Como a criação da Terra-média nos ensina a lidar com os conflitos entre ordem e caos em nossas vidas?*”.
O vídeo explica tudo, simples objetivo.
Então, o que você está esperando? Venha fazer parte desta aventura inesquecível pela Terra-média! Curta, compartilhe com seus amigos e prepare-se para descobrir mundos além da fantasia!
Se não for pedir, uma ajudinha com o café não custa muito, ou será que não?
-
@ bf47c19e:c3d2573b
2025-01-14 19:47:23
Originalni tekst na [startit.rs](https://startit.rs/sve-sto-bi-trebalo-da-znate-o-bitkoinu/)
###### 29.12.2017 / Autor: Danilo Backović
---
*Esej koji obrađuje konceptualne osnove Bitkoina, njegovu istorijsku ulogu i odnos sa klasičnim monetarnim sistemom.*
### Bitkoin, banke i suverenost individue
*Kratak dijalog o dva monetarna sistema sveta napisan u čast petstogodišnjice kačenja Luterovih “95 teza” na vrata crkve Svih Svetih u Vitenbergu.*
#### Šta je Bitkoin i ko je tu gazda uopšte?
Niko. Niko od nas i svi mi zajedno. To je “samo” softver koji radi na računarima svih onih koji žele da se pridruže. Ni od koga ti ne treba dozvola. Ne postoji meta gde naciljati Tomahavk.
Po svetu postoji toliko kopija ove računovodstvene knjige da ona može preživeti nuklearni udar (u žargonu se to zove “bubašvaba protokol”). Bitkoin se može preneti na računaru, mejlom, pismom, u glavi, u slici (steganografija), radio talasima… Jedna firma je čak platila lansiranje satelitskog repetitora koji pokriva Evropu, sever Afrike i dobar deo Azije namenjenog samo za prosleđivanje bitkoin transakcija.
Korišćenje je besplatno. Ovakav softver se zove distribuiran, jer nema jedan ili više centara sa privilegovanim učesnicima.
I Gutenbergova štamparska mašina je bila “samo” miks malo preciznog livenja, obrade drveta, poluge i tinte, začinjena *cutting-edge* telekomunikacionom tehnologijom tog doba — hartijom, ali ta otrovna kombinacija je promenila svet zauvek. Decentralizovala je pristup znanju i oslobodila najvažniju mrežu među ljudima od pisarskih centara moći — jezičku.
**Bitkoin koristeći se novom Gutenbergovom mašinom — internetom, oslobađa drugu najvažniju mrežu među ljudima — novčanu, koja prenosi signal o vrednosti.**
#### Ne razumem. Kako to radi samo od sebe?
Soft skillovi su mrtvi, pripremi se na vreme za svet u kome caruje matematika. Doba disidenata pisaca, novinara, pesnika i glumaca je prošlo. Svako može da shvati, treba samo malo napora i želje.
Sama srž ove tehnologije leži u zakonima brojeva. Koliko je koren iz 4? Dva? Sedi jedan. +/- 2 je tačan odgovor, jer parna stepena funkcija gubi informaciju o znaku.
Koren je čudna funkcija. Problem kvadriranja dvojke, 2^2 ne možeš tek tako da rešiš unazad (inverzno). Možda sam ja krenuo od -2? Moraš da znaš neki dodatni uslov da bi izabrao pravu granu korena (pozitivnu ili negativnu), ili da probaš obe. Na kompjuteru ne bi mnogo potrajalo da zaista probaš obe grane.
Ali! Postoji čitav jedan skup algoritama koji se zovu “kriptografske heš funkcije” (H). Pođimo od apsurdno velikog broja P (na primer od 55 cifara), stavimo ga u takav algoritam H i neka je rešenje broj J = H(P). Ovi algoritmi imaju čudesnu **osobinu ireverzibilnosti**.
To znači da, imao li čak i najjači mogući sekvencijalni kompjuter, ne najjači postojeći, nego najjači koji termodinamika dozvoljava, u nameri da rešiš ovaj problem unazad, znajući J, a želeći da otkriješ P od koga smo krenuli ( P = H^-1(J) ) trebalo bi ti otprilike onoliko vremena koliko je Svemiru ostalo do njegove konačne termodinamičke smrti. Ovakav algoritam u bitkoinu ima dve ključne uloge:
* On čuva tvoju imovinu od drugih, tako da svako može da pristupi toj računovodstvenoj knjizi (zamisli da banka dozvoli da svako pristupi njenoj bazi podataka), a da opet ne može da ti je uzme. Zato bitkoinu ne trebaju adresa, zaposleni, direktori, obezbeđenje i revizori.
* On čuva tuđu imovinu od tebe jer te sprečava da falsifikuješ transakciju i probaš dva puta da potrošiš isti novčić, kroz genijalno Satošijevo otkriće dokaza o radu (proof of work ili Nakamoto konsenzus). Novčana mreža je primer tzv. Vizantijske mreže, u kojoj se učesnici ne smatraju kooperantima nego suparnicima. Nakamoto konsenzus je rešenje kako ta mreža dolazi do zaključka šta je istina, kolika je nečija imovina, bez da nekome mora da se preda poverenje da za nas vodi tu knjigu evidencije imovine!
Sve do bloka postanja (genesis block) 3. januara 2009, morali smo da imamo računovođu (banka) kome predajemo poverenje da za nas vodi računovodstvenu knjigu. Ako on kaže prodavcu da ti imaš dinar kojim kupuješ robu, prodavac će mu verovati i robu će ti dati. Sada umesto poverenja imamo zakone brojeva.
Bitkoin je jedna računovodstvena knjiga za celu planetu, agnostična na državne regulative i konačno, hvala Bogu, ne zahteva računovođu. Oci prosvetiteljstva su nam dali “Liberté, égalité, fraternité” i upozorili na vreme da je predstavnički sistem samo najmanje loša aproksimacija demokratije, zato je naš doprinos: Vires in numeris!
#### Bojim se da mi i dalje ništa nije jasno.
Većina nas seda u avion u nadi da će poleteti. Ne moraš znati dinamiku fluida da bi negde otputovao. Daleko je prostije biti korisnik bitkoina nego klijent banke. Za koju godinu koristićeš neki finansijski proizvod, a da ni ne znaš da u pozadini radi bitkoin.
Ali ako želiš da saznaš trebaće ti ne više od par nedelja da shvatiš najvažnije tehničke detalje. Za matematičku suštinu malo više od toga, ali ne moraš ići toliko duboko. To je zato što je on slobodna, potpuno otvorena tehnologija.
Reci mi, gde to čovek može da sazna kako funkcioniše naš trenutni monetarni sistem, ta “džungla konfuzije” (Kejns)? Akademija i dalje predaje neistinu, da se Sunce vrti oko Zemlje (da je depozit stariji od kredita).
#### Kako to misliš: “Bitkoin oslobađa novac”?
To je pravo pitanje i najvažnija poruka: Društvo je samo jedan veoma kompleksan graf. Svaki proces u društvu se može opisati učesnicima i njihovim vezama. Školovanje, vađenje pasoša, matičenje rođenih, venčanih, umrlih, katastar, uprava, carina, itd…
Bez obzira na to što su neki procesi vrlo prosti, a neki beznadežno kompleksni, svi oni imaju jednu zajedničku osobinu da sačinjavaju hijerarhijski graf. To znači, da svaka od ovih procedura da bi funkcionisala ima u osnovi neku listu ili knjigu evidencije (ledger), a nad njom piramidu odgovornih ljudi sa pravom upisa u nju koji su pečatom, potpisom ili “ok” dugmetom garanti istine (da je diploma odbranjena, carina plaćena, da se imovina poseduje, da je dete rođeno, ugovor važeći itd…).
Ti ljudi su predstavnici kojima predajemo poverenje.
Sve do interneta ljudi nisu imali drugi izbor da se umrežavaju osim ovog hijerarhijskog — predstavničkog (sa izuzetkom primitivnih plemenskih mikrozajednica). U ovakvoj topologiji mreže postoji nezgodan fenomen koji se zove **korupcija**.
To je zloupotreba mreže od strane nekog od predstavnika. I nije stvar mentaliteta nego je inherentni fenomen takve geometrije mreže.
U svakom društvu postoje ubice koje se šetaju sa diplomatskim pasošima, mrtvi glasači, lažne diplome… Internet je prva horizontalna topologija umrežavanja ljudi u istoriji, a Bitkoin monetarni sistem koji koristi ovu osobinu interneta (peer-to-peer) kako bi izbacio posrednike iz novčane transakcije.
To je, po dizajnu, necenzorabilan, transnacionalan, nehakabilan, u potpunosti definisan monetarni sistem koji ne zahteva predaju poverenja posrednicima da bi funkcionisao (trustless/no counterparty risk). U srcu sistema je nesvakidašnje otkriće **digitalne oskudnosti**.
#### Gde je registrovan?
Bitkoin nije pravno lice, nije forex kockanje, ni akcija na berzi. Bitkoin je algoritam. Kao Pitagorina teorema. Znanje koje se više ne može vratiti nazad u bocu, niti se ljudi mogu naterati da se od njega oduče.
Bitkoin sa velikim “B” je protokol, to je nova vrsta baze podataka bez administratora, u kojoj svaki korisnik ima istu ulogu i koja ima token (žeton, unos u bazi, to je bitkoin sa malim “b”) koji može da menja vlasnika.
Dinamika kreiranja tokena tokom vremena je regulisana protokolom, neizmenjiva od bilo kog korisnika i **njihova količina nakon završetka te emisije će biti 21 milion**. On je prvi programabilni novac. U transakciji se može implementirati i neka obligacija (ugovor), ne samo prosta razmena.
#### Znači to su neki virtuelni žetoni upotrebljivi na internetu?
“Virtuelni” je omiljeni pridev korporativnih medija. Nije virtuelna nego kriptovaluta jer ga kriptografija čini mogućim i daleko realnijom od depozitnog novca.
Ovaj token nije obična informacija kao što je to mp3 fajl ili računovodstvena stavka na pasivi bilansa privatnog lica sa državnom licencom za depozitne poslove (banka).
To je inertna informacija, jer joj treba minimum fizičkog rada (pod “fizički” se misli na veličinu u fizici) da bi nastala i pokrenula se. Kao zlato, samo bez mase. Naučili smo da ovaplotimo informaciju, napravimo od nje oskudnu tvar. I to je jedna divna istorijska simetrija.
Moderna nauka — Galilejeva fizika je počela shvatanjem inertnosti materije, od toga da je pravolinijsko kretanje ravnomernom brzinom osnovno, ne kružno kao što su mislile tadašnje usijane akademske glave, zato što je ono enciklika na “savršenoj nebeskoj sferi”. Otuda i jeretička kovanica za “nebesku mehaniku” Johana Keplera.
Otkriće i otimanje kriptografskih heš funkcija od države, zasluga Sajferpankera, modernih Pitagorejaca, i njihov religiozni odnos prema kriptografiji, doveo nas je do otkrića inertne informacije i to će otvoriti novu veliku stranicu istorije u kojoj je kriptografija osnov organizacije društva.
Još uvek joj nismo dali ime, ali dobar kandidat je period omoćenja ili suverenosti individue. Jer se istorija ne ponavlja, ali se rimuje (enlightment — prosvetiteljstvo, empowerment — omoćenje).
#### Ali ne smeju se tek tako dozvoliti te slobode, nastaće haos. Šta ako posluže za kupovinu droge i pranje novca?
Anonimnost transakcije nije privilegija nego pravo koje treba braniti životom. Prva rečenica manifesta Sajferpank pokreta je: “Privatnost je neophodan uslov za otvoreno društvo informatičkog doba. Privatnost nije tajna. Privatna stvar je nešto što se ne želi podeliti sa celim svetom, tajna je nešto što se ne želi podeliti ni sa kim. **Privatnost je moć selektivnog otkrivanja sebe svetu**“.
Svako ko se odriče prava na privatnost, jer “nema šta da krije” se ne razlikuje od onoga ko se odriče prava na slobodu govora jer “nema šta pametno da kaže” (Edvard Snouden).
Ovog trenutka banka zna više o vama od vas samih. I to je posledica dizajna depozitnog novca. Dve najvažnije mreže među ljudima su jezička kojom serijalizujemo naše misli i novčana kojom prenosimo signal o vrednosti stvari oko nas. Svaki pokušaj ometanja ovih mreža treba da prepoznamo i sprečimo. Na vladama je da nađu načine da spreče protivzakonita ponašanja i oporezivanje bez diranja u anonimnost transakcije.
#### Ali, neko mora da stoji iza toga. Čiji je taj Satoši Nakamoto?
Irelevantno. “Iza toga” je samo otvoren i svima dostupan programski kod. Bitkoin je recept, ideja, algoritam. Nije pravno lice. Je li važno ko je zapravo bio Pitagora? Frensis Bekon? Vilijam Šekspir?
#### Postao je preskup. Mogu da ga priušte još samo bogati.
Novac sa dve decimale je samo istorijska posledica, verovatno nekada merne nepreciznosti kantara. Nije nikakav prirodni zakon da novac mora imati samo dve decimale. Bitkoin je deljiv na sto miliona delova. Možeš kupiti npr. hiljaditi deo bitkoina za 15 evra. Manje od 1% ljudi na planeti može imati više od jednog bitkoina, to je ogromna jedinica.
#### I šta onda? Da čekam da poraste pa da prodam?
Ne. Imaš priliku koju tvoji stari nisu imali. Da štediš u nečemu što ti nijedan diktator ne može obezvrediti, poreznik ili nasilnik oduzeti, bankarski službenik odbiti, proslediti. Svakim danom je sve jače i rasprostranjenije platežno sredstvo. Čekaj dok ne budemo razmenjivali delove bitkoina na lokalnom buvljaku.
#### Ovakav rast nije normalan. Ovo je balon koji mora da pukne.
Bitkoin je do sada imao 4 mehura. Prvi je bio jula 2010, kada je skočio sa $0.008 na $0.08.
Drugi je bio “veliki mehur 2011.”, sa $0.06 na $31, da bi onda pao na $5.
Treći je bio Aprila 2013, sa $20 na $280, kada su se kiparske banke spasavale pleneći klijentske depozite.
Četvrti je bio velika kriza MtGox berze novembra 2013. kada je skočio sa $70 na $1200, pa nekoliko meseci kasnije pao na $200.
Bitkoin je, naravno, i sada u balonu, koji se zove jedino slobodno neregulisano tržište na svetu. Višegodišnji trend rasta vrednosti bitkoina prati Metkalfeov zakon o vrednosti mreže. Ali na sitnijoj vremenskoj skali ta vrednost je vrlo volatilna, jer mreže rastu u naletima, a na svakom o njih se dešava borba straha i pohlepe i novo otkrivanje fer cene. Ne zaboravi samo Kejnsov investicioni savet: “Tržište može mnogo duže da ostane iracionalno nego ti solventan”.
#### Države jednog trenutka više neće dozvoliti ovo igranje.
Ovaj argument više svedoči o inferiornosti onoga ko ga izgovara nego o moći vlada. Evo spiska nekih državnih zabrana do sada: Hindu-Arapske cifre, štamparska mašina, slobodni izbori, podela vlasti, pruge, višespratnice, alkohol, saharoza, gramofon, zlato, homoseksualnost, marihuana, pornografija.
Jedino što vlade i bankarski kartel mogu je da pokušaju moralno prokazivanje ideje u nadi da će većina od nas nasesti. TPPN! TPPN! (Terorizam, Pedofilija i naravno omiljeni opresivni zakon, naslednik Sokratovog kvarenja omladine, njegovo predikativno visočanstvo: pranje novca).
Ali, bez većine nas to su samo zmajevi od papira. Ne zaboravi prvu lekciju renesansnog, prosvećenog čoveka: **ti nisi objekat nad kojim se vrši istorija, ti si subjekat koji je menja**.
Kada je 2000. Lars Ulrih iz Metalike lio suze pred Senatskim odborom za svojom intelektualnom svojinom u slučaju Napster, jedan koder pozvan kao veštak je lepo upozorio vladu SAD-a: “Zabranite Napster i pojaviće se nešto mnogo strašnije”. Ugasili su ga. I još istog meseca dobili bittorent protokol, koji je danas između ostalog i neizostavan deo mašinerije Bitkoin protokola.
Jer, kako je rekao Džon Gilmor, jedan od koderskih apostola i najuži krug sajferpankera:
> Internet tretira cenzuru kao kvar i meandrira oko nje.
”Čitave armije ne mogu zaustaviti ideju kojoj je došlo vreme”. Pokušati zabraniti Bitkoin bilo bi kao pokušati zabraniti psovke ili izraz za obim kružnice.
#### Priča se preko “virtuelnih” medija da je otkriće u stvari blockchain, a ne bitkoin?
Nakon potrošenih ismevanja i pretnji, ovo je preostala slamka sofista. Potcenjivački i sa visine, treba da ostavi utisak da se to deca igraju dok ne ulete veliki. Ali, kako kaže jedna od zen rekontri Patrijarha Pavla: “Ne kaže On da čovek ne živi o hlebu, nego da ne živi samo o hlebu”.
Blockchain je osnova, ali je samo telo, bez tokena je zombi. Bitkoin je sa razlogom jedna vrlo spora i neefikasna baza podataka. Imperativ dizajna je da mora ispunjavati uslov da je bez korisničkih uloga i administratora.
Jednostruko povezana lista heševa izrudarenih blokova (blockchain) je jedini poznat način da ovaj uslov implementiramo u programskom kodu. Dakle on rešava jedan vrlo uzak i specifičan problem. **Svega smo spremni da se odreknemo da bi dobili osobinu da nema vlasnika.**
Ako Dojče banka želi da napravi blockchain, on će po definiciji biti zatvoren, sa administratorom. Ta kreatura će ili imati bezvredan token pa nije opasnost Bitkoinu ili će biti zombi bez tokena, a onda je kupovina [Oracle](https://startit.rs/firme/oracle/) licence mnogo pametniji izbor.
#### Bitkoin je deflatoran, niko neće hteti da ga troši. Kako onda može biti novac?
Ako je nešto omiljena disciplina ekonomista, to je guranje višestrukih oprečnih značenja u isti pojam. Postoje dve vrste deflacije koje nisu ni nalik jedna drugoj.
Prva je deflacija privatnog bankarskog depozitnog novca. Kada se ekonomija nađe u stanju prezaduženosti (privatni dug je ključan!) banke više ne pozajmljuju. Odluka o puštanju kredita je isključivo pravo poslovne politike svake banke. Ako one smatraju da više nema kreditno sposobnih, kreditiranje može imati oštar pad.
Kako se prethodni krediti isplaćuju, novac nestaje iz ekonomije u momentu otplate rate, a nov kreditni novac se ne kreira. Ovo dovodi do rasta vrednosti preostalog novca onome ko ga ima u rukama, a nije zadužen.
Ostatak ekonomije se grabi da nakrpi za ratu sa sve manje novca u opticaju, koji sada mora još brže da menja ruke da bi svi isplatili rate, što naglo dovodi do nenaplativih kredita, još manje kreditno sposobnih dužnika, pada ekonomske aktivnosti, zatvaranja firmi, nezaposlenosti, punih kafića i dnevnih žurki do konačnog raspada.
Druga vrsta deflacije, ona Bitkoinova, je **nagrađivanje štediša, ne rasipnika, odlaganje potrošnje i inhibiranje fenomena namernog zastarevanja** (*artificial obsolescence*). Kada ograničeni novac obuhvati celu ekonomiju kao opna, vrednost njegove jedinice diše sa ukupnim izlazom cele ekonomije, raste kako ona raste i smanjuje se kako se ona kontrahuje.
Bitkoin motiviše štednju ne potrošnju, dok je štednja toksični elemenat u sistemu privatnog bankarskog depozitnog novca, jer ga privremeno uklanja iz cirkulacije. Ovakva deflacija ne da nije štetna po društvo nego je poželjna. U poređenju sa ovim dinamika privatnog bankarskog novca je vožnja ili pod punim gasom ili kočenje iz sve snage.
#### A šta ćemo sa bitkoin aristokratijom? Polovinu do sada izdatih bitkoina poseduje 1%?
Analize distribucije vlasništva bitkoina su u najmanju ruku sumnjive. Ali bez obzira na njihovu istinitost one su irelevantne. Pitanje pravde je klizav teren za nekog iz sveta tvrdih veština, ali postoji jedna dinamička osobina monetarnog sistema koja čini da nije svaki jaz između bogatih i siromašnih isti.
Kao prvo, ravnopravnost je jedna opasna kolektivistička zamka. Istinski evropski liberalizam i individualizam je nešto vrlo fino, tanano i nenametljivo.
Nema testosteron i udobnost rulje desnice niti romantizam plejboja sa gitarom i Čeovom kapicom. Veliki statizmi 20. veka su imali svako etičko pravo da nastanu. Jedan iz horora fabričkih hala, a drugi iz horora rovova 1. svetskog rata. Ali istorija je pokazala da nisu rešenje.
Zasnivanje društva na etičkoj i moralnoj aksiomatici je prošlost. Etika treba da bude posledica matematički pravilno dizajniranog monetarnog sistema. On je ključan za kanalisanje ljudske motivacije u pravom smeru.
Iako nema ekosistema u prirodi u kome su sve jedinke iste, postoje situacije kada imovinski jaz postaje neprihvatljiv kao danas. To je kada u društvu nastanu ono što Nasim Taleb naziva “upijajuća stanja”. Od imovinskog jaza daleko je važnije da li za svakog od nas važe ista pravila.
Ako svaki ekonomski akter bez obzira na njegov imovinski položaj mora da preuzme rizik od gubitka svaki put kada donosi neku investicionu odluku onda to čini društvo takvim da je moguć prolaz kroz stanja siromašan-bogat-siromašan. Takvo društvo nema upijajuća stanja.
Ali ako jednom dostignut položaj bogatog čini da taj akter više ne preuzima nikakav rizik ma kako lošu odluku doneo, onda to društvo ima aristokratiju.
Monetarni sistem zasnovan na oskudnom (ograničenom) novcu u kome su pravila zadata protokolom, a ne hijerarhijskim predstavničkim procesom ima jednaka pravila za sve po definiciji. Bitkoin bogataš nije isto što i venture kapitalista sa vezama u centralnoj banci koja vrši kvantitativna olakšavanja tako što kreira kroz privatnu banku depozite njegovom fondu za 0% kamate.
Ako ovaj prvi napravi lošu procenu zauvek je izgubio svoje koine. Ovaj drugi može da priušti 100 miliona gubitaka na startape i da opet ima novih 100 miliona.
#### U redu, vratimo se na ekonomiju. Uveo si pojam oskudnosti koji si dužan objasniti. Ali pre toga: zašto bi uopšte trebalo smatrati bitkoin vrednim?
U samoj biti, pitanje vrednosti kao i lepote je misterija. Antropolozi i ekonomisti imaju neke maglovite ideje o tome kako među ljudima proliferiše saglasnost da je nešto vredno, ali su to sve ad hoc akademske mudrosti.
U neverici gledaju kako im jedna gargantuantska mreža nastaje pred očima. Od nule, sama od sebe, bez arbitra iako je suparnička. Nešto što je do juče bilo predmet samo arheoloških iskopavanja. Fenomen koji se otima konvencionalnim akademskim objašnjenjima je već slomio dobar broj intelektualnih sujeta.
Ovo pitanje je imalo smisla postaviti u januaru 2009. godine. Surova istina je da se danas više ne pitaš. Uskoro ćeš ih morati imati, jer će taj pored tebe tražiti da mu u njima platiš.
> Kao što vrednost lopate dolazi od njene osobine da kopa, tako vrednost novca dolazi od toga koliko je dobro sredstvo razmene i čuvar vrednosti. - Karl Menger
Za Bitkoinom vlada planetarni grabež. Ta potražnja postoji zbog njegovih jedinstvenih osobina koje nijedan novac pre njega nije imao.
Bitkoin je:
– Fungabilan: svaka jedinica novca isto vredi. Ne kao dijamant kod koga zavisi kako je brušen.
– Durabilan: kao (inertna) informacija po prirodi je nepropadljiv.
– Portabilan: može da promeni ruke anonimno iz jedne u bilo koju drugu tačku planete za 10 minuta. Ne kao depozitni novac koji ne voli da putuje vikendom i traži potpis bankarskog službenika.
Portabilnost je Ahilova peta zlata, jer za razliku od Bitkoina ima masu. Zlato je uvek samo jedan korumpirani zakon daleko od konfiskacije. Ono jeste čuvar vrednosti, ali nije i transakcioni sistem kao Bitkoin.
– Oskudan: ovo je ključna karakteristika pravog novca, jer čini da on bude čuvar vrednosti. Zlato može nastati samo u sudaru neutronskih zvezda i to je njegov garant oskudnosti, ali koliko zlata ima oko nas nije do kraja jasno. Još manje je jasno koliko ga ima na Mesecu na primer, koji će nam sutra biti na dohvat ruke.
**Bitkoinova garancija oskudnosti je jača od zlata, jer proizilazi iz osobina brojeva — iz ireverzibilnosti kriptografskih heš funkcija.**
– U potražnji: U odnosu na konvencionalan novac, Bitkoin i dalje pokriva mali deo ekonomije, ali mreža raste neverovatnom brzinom. Ne dozvolite da vas ekonomski eksperti ubeđuju kako je ovo najbolji od svih svetova. Ne nasedajte na moralno prokazivanje (TPPN!), anonimnost transakcije nije privilegija nego pravo koje se brani koliko i sloboda govora. Mislite svojom glavom. Napravite napor, obrazujte se o novcu. Izbor novca je politika, ne ekonomija. Od nas zavisi ishod.
I na sve to još: pseudoniman, necenzorabilan, neoporeziv, programabilan, nemoguć za falsifikovati. On diže pojam lične svojine na novu skalu. A sa tim i slobodu.
#### U redu, ali i dalje ne može biti novac jer ga ne priznaje država. Zar ne?
Da bi čovek istinski mogao ceniti veličinu ideje Bitkoina, neophodno je razumeti mehaniku današnjeg novca, a ta materija je minsko polje oprečnih mišljenja, neočekivanih obrta i nedobronamerne obfuskacije pojmova. Slučajnost ili ne, ali upravo u deceniji bitkoina drmaju se temelji važeće akademske doktrine vezane za novac.
Novac je mreža za prenos informacije o vrednosti jednog ekonomskog dobra u odnosu na sva ostala. Ali kao što elektromagnetno polje ima nosioca — foton i novac mora imati neki svoj reprezent. To je ono što se dobija u trenutku prodaje dobra.
U zavisnosti od prirode tog tokena postoje dva moguća dizajna novca. U oba slučaja, suština je u našoj saglasnosti da ono što razmenjujemo smatramo vrednim, ali u prvoj vrsti novca ta vrednost dolazi iz prirode i nije opterećena nekom obligacijom, vrednost vadimo iz majke prirode (nešto je inherentno vredno). U drugoj vrsti novac je kvantifikovani socijalni odnos iza koga stoji neko obećanje koje nakon zaključivanja postaje transferabilno, a vrednost vadimo iz nas samih.
Razlog zašto postoje dva pristupa u dizajnu novca je igra zbog koje nastaju i nestaju čitava društva — kredit.
Kredit je transakcija rasparena u vremenu, gde se u zamenu za novac sada, ekonomsko dobro dobija kasnije. U trenutku razmene to dobro još ne postoji. Ne postoji potražnja za njim. Ali nakon njegovog kreiranja društvo ima jedno novo ekonomsko dobro koje (bi trebalo) da uveća egzistencijalno blagostanje svih nas.
Naravno da u ovom idealnom slučaju govorim samo o produktivnom kreditu, ne o tvorevinama potrošačkog društva: dozvoljeni minus, kreditna kartica i potrošački kredit kojim samo dovlačiš tvoju buduću kupovnu moć u sadašnjost do bankrota. Neproduktivni krediti su jedan od toksičnih elemenata u ovom sistemu.
U 1. vrsti novca nosilac je neka objektivna tvar koja bi po pravilu trebalo biti oskudna i van ljudskog domašaja stvaranja. Neki istorijski primeri su: retke školjke, so, pirinač, buseni duvana (“bucks”), čudni kameni stećci u obliku diska ostrva Jap, dabrove kože, zlato, srebro, bitkoin.
Da, **bitkoin je 1. vrsta**! Oskudnost je ovde ključna osobina jer ona čini novac čuvarom vrednosti. Na primer, garant oskudnosti zlata je što nastaje samo u sudaru neutronskih zvezda. Garancija oskudnosti bitkoina je još jača, jer sledi iz osobina brojeva (ireverzibilnosti kriptografskih heš funkcija).
Ekonomija zasnovana na ovakvom novcu se zove ekonomija razmene (barter economy), jer je za akciju razmene (transakciju) potrebno samo dva aktera i taj prirodni token. Ovakav novac ne poznaje fenomen inflacije, ali zato ima druge dve ozbiljne mane.
Pristup kreditu je izuzetno težak, jer ne postoji niko ko može stvoriti ovakav novac. Ekonomija na njemu ne može da “gori”, može samo vrlo sporo da “tinja” (možda je to i bolji recept za ljudsku sreću?).
Drugi problem je što novac može da isteče iz jedne zajednice, zbog nekog poremećaja, da li nagle demografske promene, neuravnoteženog uvoza i izvoza, rata i slično. Treba li zajednica da nestane? **Zajednica neće nestati nego će upravo iznedriti novac 2. vrste**.
Ekonomija zasnovana na drugom tipu novca, koji je kvantifikovani socijalni odnos, zove se monetarna ekonomija. U njoj je svaka transakcija triangularna, tj. potrebne su tri strane za razmenu: kupac, prodavac i poseban agent u ekonomiji koji izdaje ta cirkulirajuća obećanja. Taj specijalni akter nije država, nego privatna banka.
Pogađaš, ovde je pristup kreditu lak, jer je novac po definiciji neograničen. Ali da bi neoskudan novac mogao biti čuvar vrednosti, mora postojati proces kojim se on uklanja iz ekonomije. Ako taj proces zakaže, nastaje fenomen inflacije — najrazornije sile koja kida sve niti društva.
Zapravo u takvoj ekonomiji sav novac je dug. Odatle ona engleska poslovica: “Zlato je novac kraljeva, srebro gospode, a dug robova”.
**Šta ti se sada čini virtuelnije, lova koju imaš na računu banke ili kripto(!)valuta Bitkoin?**
#### Molim?!
Da, nije lako progutati ovu pilulu. Zaboravi na prvu asocijaciju da je novac keš koji štampa državni trezor. Prvo to je netačno, drugo, keš je zanemarljiv deo ekonomije (3.5% u Srbiji) i irelevantan. Zaboravi na to da banka navodno deli kredite tako što prvo uzme depozit od klijenta. Ništa nije dalje od istine.
Pravo je čudo da igra koja upravlja motivacijom celog ljudskog roda, **dvostruko knjigovodstvo**, nije predmet opšteg obrazovanja. Depozit je banci pasiva, a kredit je banci aktiva. To su suprotne strane bilansa! Depozit nikada ne može postati kredit.
Novac koji sve ekonomije sveta (izuzeci: Severna Koreja, Iran, Sirija, do nedavno Irak i Libija) koriste je tzv. depozitni novac, tj. pasiva privatnog pravnog lica (banke) koje ima državnu monopolsku licencu za obavljanje depozitnih poslova.
Država ne reguliše ko kako sme da pozajmljuje. Ali zato opasno reguliše ko sme da ima računovodstvenu kategoriju depozita na svom bilansu. Ako se dogodi pozajmica između bilo koja dva ne-banka aktera u ekonomiji, taj dug je samo između njih, on je bilateralan. Ali, kada banka pozajmi, onda je taj dug, to obećanje, multilateralno. Ono počinje da kruži po ekonomiji kao imovina nas ostalih.
Novac nastaje u trenutku puštanja kredita kada se dužnik obavezuje poveriocu (banci) da će ga vratiti. Tada banka, prostom računarskom SQL instrukcijom INSERT INTO, bez ikakvog drugog ograničenja osim sopstvene procene o kreditnoj sposobnosti dužnika, upiše u bazu podataka, svoju računovodstvenu knjigu, na strani pasive nov nikad ranije postojeći depozit u ekonomiji u visini iznosa kredita.
Dakle, **ono što je nama imovina, privatnoj banci je obaveza**. I to ne samo pri puštanju kredita, nego i pri deljenju plata, bonusa i investiranju za svoje potrebe (hartije od vrednosti, nekretnine, kancelarijsku opremu, softver itd…) banka stvara novac. Jer, ono što je svakom ne-banka akteru u ekonomiji novac, banci je obaveza. Sa tom razlikom što ako ga stvara za svoje potrebe, mora u krajnjem rezultatu da umanji svoj kapital za taj iznos.
Kredit je stariji od depozita. Sramota je da je to znao engleski zakonodavac još 1727. kada je pisao zakon o falsifikovanju, a profesori ekonomije se i dan danas prave ludi da se Sunce vrti oko Zemlje, ne obrnuto.
Ekonomija ne koristi državni, nego privatni novac. Preciznije onaj deo ekonomije koga činimo mi fizička, pravna lica ne-banke i javne ustanove države. Ni u jednom zakonu se eksplicitno ne tvrdi da privatna banka kreira novac, niti da se to dešava u momentu puštanja kredita. Ovaj proces je sporedni efekat, od države priznatih, međunarodnih računovodstvenih standarda koje donosi privatna nadnacionalna fondacija IFRS.
Da bi ovakav neoskudan novac mogao biti čuvar vrednosti, kada se obećanje ispuni, tj. ekonomsko dobro za koje je (produktivni) kredit uzet proizvede, novac koji je dat treba da bude uklonjen iz ekonomije. I zaista u trenutku plaćanja svake rate, banka na svom bilansu, sa desne strane obaveza, umanji depozit, a sa leve strane umanji preostali iznos duga dužnika.
#### Čekaj malo… A kamata? Nju ne spominješ?
U ovom grmu leži zec, ali ne onako kako to misle pesnici. Nije Gospod Hristos izlomio tezge ispred hrama zbog kamate. Kamata je cena za koju je izdavač tih obećanja spreman da preuzme rizik da mu dužnik ne vrati obećano.
Da, u trenutku stvaranja depozitnog novca (kredita) kamata nije stvorena. Zato je ukupan dug u ekonomiji uvek veći od ukupne količine novca u opticaju i sistem se ne može zatvoriti. Ali, zabluda koja kruži okolo je da je to razlog što ovakav sistem proizvodi novac (dug) eksponencijalno: da bi se, navodno, isplatili prethodni krediti koji vuku i kamatu za sobom.
Ne, to nije tačno. Zabluda dolazi od nerazumevanja mernih jedinica. Iznos kredita je kao koordinata (RSD), a kamata je brzina (RSD/god). To su različite veličine (stock and flow of money).
U teoriji, mogli bi se svi krediti (različitog tenora) isplatiti i sa jednim jedinim dinarom ako bi on dovoljnom brzinom menjao ruke.
Problem leži u tome šta banka naknadno uradi sa primanjima od kamate, jer samo je iznos kredita potrebno ukloniti iz ekonomije, kamatu ne. Nju bi banka trebalo u celosti da vrati u kruženje. Ali to ne radi, jer želi da obogaćuje svoje akcionare, a i regulativa (vrlo zgodna koincidencija) zahteva da uvećava svoj kapital. I to na našu žalost, na duže staze radi eksponencijalno. I niko to ne može da joj zabrani.
#### Dobro, pa na šta se to onda misli kada se spomene novac u zakonima?
Dinar je samo oznaka za jedinicu mere, kao kilogram ili sekund. Postoje dve različite tvari koje se mere tom istom jedinicom i obe su novac 2. vrste, tj. transferabilna obećanja, ali su različite tvari kao drvo i metal.
Rekli smo da je u monetarnoj ekonomiji svaka transakcija triangularna. Potrebna su dva ne-banka ekonomska aktera i banka, akteri razmenjuju stavke na pasivi privatne banke, koje ona proizvodi jer samo ona ima računovodstvenu kategoriju depozita.
A šta ako u ekonomiji postoji više od jedne banke? Tada mora postojati još jedan krug drugačijeg novca. U njemu su privatne banke ekonomski akteri, a nad-banka ili centralna banka je proizvođač obećanja. I taj novac je depozitni novac, tj. kružeće obećanje, ali je pasiva centralne banke, njena obaveza ka privatnim bankama. Zove se rezerva.
Dakle, u ekonomiji sa više banaka uvek postoji **hijerarhija novca**. Depozitni novac privatnih banaka je naša imovina, a njihova obaveza; depozitni novac centralne banke je privatnim bankama imovina, a centralnoj banci obaveza.
Rezerve kruže samo u računovodstvenoj knjizi centralne banke, čiji klijenti mogu biti samo banke i državni trezor i ta tvar iako merena u dinarima, nema kupovnu moć, nego mora da se pretvori u depozitni novac privatne banke na računu nekog ne-banka aktera u ekonomiji da bi nešto kupio.
Kada god država spomene reč novac u zakonima implicitno se misli uvek i samo na rezerve ili njihov materijalni ekvivalent: keš i kovanice. To zakonsko sredstvo plaćanja (legal tender) uopšte nije novac koji koristi ostatak ekonomije izuzev banaka. Vlada to zna i opet nije gadljiva na privatni depozitni novac.
Svaki put kada uplatiš porez, taj novac privremeno(!) nestaje iz ekonomije, jer se iz depozitnog novca privatne banke pretvori u rezerve na računu trezora kod centralne banke. Pojaviće se opet kada ga trezor prosledi nekoj državnoj ustanovi da ga potroši, opet kroz privatnu banku.
Evropska društva su imala vrlo gorka iskustva sa štampanjem novca od strane vlada. SAD upravo obrnuto. To društvo je cvetalo kad god je imalo državni novac, a ubija ga jedna centralna banka.
Današnji novac je zato jedna čudna istorijska tvorevina potrebe, pohlepe i polupromišljenosti slobodnog tržišta, koji nastaje van suverena (dakle nije fiat, iako svi koristimo taj žargon) obostranim dobrovoljnim pristankom dužnika i privatne banke u procesu kreditiranja, a nestaje otplatom tog kredita.
U krugu rezervi, izuzetno brzo struji zanemarljivo mala količina jednog novca bez kupovne moći i služi da se dve privatne banke poravnaju svaki put kada neki od depozita u njima preleće iz jedne u drugu. Rezerve su ono jedino do čega je jednoj privatnoj banci stalo.
Te žetone ona ne može da proizvede ad infinitum, jer su žetoni centralne banke. I naravno stalo joj je, da joj vratiš dug, inače će doći po svoju funtu živog mesa (za to plaća licencu vladi). Samo, bez žetona centralne banke se može ostati preko noći, a gomila nenaplativih kredita na bilansu se mogu poturati pod tepih jako dugo. Sve dok neko ne vikne da je car go.
Svakoga ko ovo jednom razume, ne može a da ne zaboli stomak na sofizam da kriptovaluta ne može imati vrednost, jer nije potkrepljena državom.
#### Spomenuo si “fiat”. Šta uopšte znači ta reč?
Fiat lux (neka bude svetlo)! Neutoljiva glad svakog vladara da uzme prerogativ bogova i stvori ni iz čega nešto.
Ovaj fenomen je najbolje shvatiti na primeru. Dinar, funta, dolar… Sve su to nekada davno bile jedinice za merenje težine srebra ili zlata.
Zamisli da imaš teg težine 100 dinara, terazije i prodaješ maline. Kupac se pojavi sa par grumenja zlata i želi maline u vrednosti od 100 dinara. Maline ćeš dati za onoliko grumenja koliko terazije pokažu da teže 100 dinara. Nevažno kog oblika je grumen i ima li na sebi neku facu, dokle god je pravo nesečeno zlato.
Međutim, niotkuda, pojavi se ekipa do te mere nasilna i organizovana da skalira svoje nasilje do nivoa države. Odmah donese zakon da svaki grumen težine 1 dinar mora da bude u obliku novčića. Sa jedne strane mora biti otisnut lik glavonje, a sa druge da piše 1 dinar, tako da više nisu potrebne terazije da provere da novčić zaista teži 1 dinar pri razmeni.
Nakon izvesnog vremena lokalna ekipa nasilnika se zakači sa susjedima i treba im zlata za vojsku plaćenika. Ali zlato je oskudno, ne može da se napravi. Međutim glavonja ima ideju. **Otisnuće rupu u sredini novčića ili će mu okrznuti krajeve ili će pomešati zlato i bakar, a ostaviti na njemu i dalje oznaku 1 dinar.**
**To je fiat**. Tačnije: fiat denarii! Rasparivanje jedinice mere od deklarisane vrednosti (face value).
Glavonja je sebi stvorio kupovnu moć prividno ni iz čega. Za manje od 1 dinara zlata može da kupi robu i usluge u ekonomiji od 1 dinara. U stvari, ovo je samo iluzija. Surova istina je da je oteo po malo imovine od svih ostalih, jer jedna jedinica novca sada svakome vredi manje. Ovakva igra bez izuzetka uvek završi na nuli. Naglo i nasilno. Rimsko carstvo je udžbenički primer.
**Termin fiat je danas žargon za svaki novac koji nije kriptovaluta što je u osnovi greška, jer izuzev kovanica, novac već dugo vremena nije fiat.** Jedino što suveren i dalje pravi su kovanice i prodaje ih centralnoj banci. Ako ga izrada kovanice od 1 dinar košta 5 para, a centralna banka je kupi tako što trezoru uveća depozit rezervi za 1 dinar, suveren je ni iz čega stvorio 95 para (senioraža).
Kovanice su istorijski reziduum fiata. Suveren je sveo sebe na sramotni sitniš.
#### Hmm… Mora li ovo ovako? Sve ovo počinje da mi izgleda kao jedno veliko zamešateljstvo dvostrukog knjigovodstva?
Pravo u metu, dragi moj Sagredo. Pravo u metu. Venecija 1494. Alkoholizam, prejedanje, sifilis i pussy galore. Sa izuzetkom organske ishrane, nesečene robe i lajf-koučeva to je kudikamo opis finansijske metropole i danas.
Armija perverzno bogatih snobova sa previše slobodnog vremena, humus za umetnost, nauku i startape. Knjiga je koštala kao skuplji laptop i bila omiljeni statusni simbol. Naročito ako je velika i debela poput Paćolijeve enciklopedije matematike.
Hindu-Arapske cifre su još uvek bile sporne, jer je: “svaki dobri Hrišćanin morao biti prezriv prema matematici” (Sv. Avgustin), a štamparska mašina tek nedavno unapređena da može otiskivati crteže. Dvostruko knjigovodstvo je samo 9. poglavlje tog renesansnog remek dela Fra Luke Paćolija iz koga je i Leonardo naučio perspektivu.
U školi tom otkriću, pleksusu današnjeg sveta, ne pridaju ni blizu značaj koji mu pripada. Uči se da je njegova poenta korekcija greške, a **dvostruko knjigovodstvo je u stvari izvorni blockchain.**
Svako dobro koje menja vlasnika, ta transakcija, ostaje zabeležena na 2 mesta, jednom akteru na izlazu (pasivi), a drugome na njegovom ulazu (aktivi) na taj način povezujući celu ekonomiju u jedan tok i omogućavajući reviziju i arbitražu.
Bez tog mehanizma današnji novac i kapitalizam je nemoguć. Možda najbolja definicija kapitalističke ekonomije je: “Money is nothing, that you get for something, before doing anything”. Novac je ni od čega, koje dobiješ samo ako založiš nešto, pre nego što možeš da napraviš bilo šta.
Ne zaboravi, makroekonomija su finansije, finansije računovodstvo, a računovodstvo pravo. Tamno srce sveta leži u definicijama računovodstvenih kategorija. Zabluda je misliti da je svet zao i beznadežan jer korporacije imaju samo jedan cilj — da uvećaju profit. Naprotiv to je racionalno ponašanje.
Ali mi smo ti koji definišemo šta je to profit! McDonalds je izuzetno profitabilan, zato što prebacuje dijabetes kao trošak na bilans društva. Monsato takođe, jer ekocid nije definisana računovodstvena kategorija troška, nego je “eksternalizacija”. Sve je u zakonima.
#### Znači kao što neka firma ode u banku po kredit, tako i država dobije kredit od centralne banke?
Ne. Država je jedini klijent centralne banke koji je to sam sebi zabranio. Tačno je, i za krug rezervi (depozitnog novca centralne banke) važi isto pravilo kao i kod depozitnog novca privatne banke. Centralna banka pogoni isti softver kao i privatna.
Rezerva nastaje kada centralna banka pusti kredit. Njeni klijenti, privatne banke mogu dobiti kredit sa ili bez obezbeđenja. U tom krugu jako brzo kruži vrlo mala količina novca u poređenju sa novcem ostatka ekonomije. Ti krediti su obično vrlo kratkog tenora. Takođe još češći je slučaj da banke međusobno jedne drugima bilateralno pozajmljuju već postojeće rezerve (money markets).
Upravo se u ovom reaktoru dogodila kriza 2008. Banke su trgovale egzotičnim finansijskim hartijama do te mere da su se jednog trenutka našle kao rogovi u vreći. Nikome nije bilo jasno ko je solventan, a ko više nije zbog ogromnih gubitaka na tim hartijama i međusobno pozajmljivanje rezervi je praktično stalo.
Od tada sistem rapidno gubi kontakt sa zdravim razumom, a centralne banke eksponencijalno kreiraju nove rezerve da bi vratile te leševe u solventno stanje. Kao obezbeđenje za te kreirane depozite rezervi bankama uzimaju akcije Pepsija, Koka Kole, Fejsbuka, toksične finansijske derivate i trilione korporativnih obveznica sa negativnom kamatnom stopom.
Ne zaboravi **rezerve nemaju kupovnu moć**! Da bi centralna banka kupila nečiju akciju u tom procesu “kvantitativnog olakšavanja” (nad našom imovinom) ona mora naložiti privatnoj banci da za taj iznos uveća nečiji depozit i tako se kreira nov novac u našem krugu ekonomije van standardnog kanala kreiranja uzimanjem kredita od privatne banke. Posledica toga je razarajući jaz u bogatstvu koji danas postoji u svetu. Od 2008. više niko nije za volanom.
U svakom slučaju, jedini klijent centralne banke koji ne može da se direktno zaduži je državni trezor. Suveren je samog sebe tako ograničio. Ako želi da potroši neki novac, na plate, vrtiće ili puteve, on mora da se dokopa već postojećeg depozitnog novca privatnih banaka jer je samo to novac sa kupovnom moći. I za to ima dva načina.
Može da odštampa obveznicu. Kada nađe kupca, privatna banka tada smanji depozit kupcu za iznos vrednosti obveznice, a isti iznos rezervi prebaci trezoru na njegov depozit u centralnoj banci.
Drugi način je da ubira porez. Tada banka umanji depozit onome ko porez plaća, a onda, kao u prethodnom slučaju, za isti iznos se uveća rezerva državnom trezoru u knjizi centralne banke. Kada želi da potroši taj novac, trezor prosledi rezerve i instrukciju privatnoj banci koja onda uveća depozit javne institucije kojoj se prosleđuje novac.
I u jednom i u drugom slučaju nije bilo stvaranja novog novca, nego samo promena vlasništva već postojeće količine privatnog depozitnog novca u ekonomiji. To čini oporezivanje mehanizmom redistribucije vlasništva, koje bi u teoriji trebalo ići u korist manje bogatih.
Polako ulazi u modu i treći način da suveren uzme kredit kod privatne banke kao bilo ko drugi od nas. Kao vrhunac poniženja suverena, ovo je i dalje retkost i dovodi do povećanja privatnog depozitnog novca u opticaju jer banka pušta nov kredit.
Ali, nezahvalno je tražiti opšte stavove u načinu finansiranja država. Na primer, Velika Britanija se dugo oslanjala na dozvoljeni minus kod svoje centralne banke. EU regulativa joj je to zabranila. Ona je poštovala taj zakon, dok joj je to odgovaralo, ali kada je 2008. udarila kriza, ona je opet uvela taj mehanizam ne obazirući se ni trenutka na zakon. UK sme, a Srbija ne sme. I? Šta ćeš sad?
#### Pa zašto Srbija ne dozvoli sebi dozvoljeni minus, kada je centralna banka i ovako narodna?
Zaista neke centralne banke su privatne, neke nisu. Jedine centralne banke koje su važne su i privatne: FED, BOE, BOJ, ECB, SNB.
Ali, još jedna uvrežena zabluda je da je upravo to ključni bag u sistemu. Nije. Većina profita centralne banke koji dolazi od držanja državnih dugovnih hartija, bez obzira na to ko joj je vlasnik, a država uvek ima udeo u upravljanju i postavljanju izvršnih funkcija, i ovako biva vraćena državi.
U svetu se vodi jedna vrlo nepravedna utakmica između nacija, jer većina njih mora da živi od poreza, a upravo najmoćniji imaju trikove da to u nekoj meri izbegnu. To se zove monetarna suverenost i prerogativ je samo najmoćnijih društava. U suštini ne više od 5. SAD, Velika Britanija, Kina, Japan i Švajcarska.
Naravno da sve države tu “muvaju” i ko zna kakva korisnička prava imaju u sistemu centralne banke, ne zaboravi da su to sve hijerarhijski procesi koji su inherentno koruptivni. Za razliku od bitkoina, konvencionalni monetarni sistem ni jednog trenutka nije do kraja definisan.
Prerogativ monetarne suverenosti je daleko teže dobiti od teritorijalne. Za teritorijalnu ti trebaju moćna leđa i naoružane face na granici. Za monetarnu moraš da budeš potreban svetu. Samo tada se tvoj žeton koga pravi centralna banka traži. Tek sa tim dolaze trikovi dolaženja do novca van oporezivanja.
Dozvoljeni minus Britanskog trezora zaista znači da država ima udeo u kreiranju novca. Uveća sebi iznos rezervi, a onda ih prebaci na račun neke privatne banke i naloži joj da uveća depozit neke javne ustanove u u njoj. I voilà, nov privatni kreditni novac je kreiran u ekonomiji bez puštanja kredita.
#### Dobro, ali zar nisi jednog trenutka tvrdio je ovo bolji sistem od novca 1. vrste u koji spada i bitkoin?
Kružeća obećanja se ne mogu iskoreniti. Društvo će uvek spontano iznedriti kreditni novac na manje ili više sofisticiran način čim oseti potrebu ili pretnju. Na zlatu se rat može samo izgubiti. Lako dostupan kredit omogućava da društvo raste kada i koliko ono želi. Ceo mehanizam, uključujući i tu osobinu da je vremenom izolovao vlade od čina kreiranja novca ima smisao koliko i vrlo pametna istorijska izolacija crkve.
Ali kao nekada državne fiat valute i ovaj privatni kreditni novac uporno iznova propada.
Bitkoin, novac 1. vrste, je čamac za spasavanje u takvim kobnim vremenima. Sa njim rasparuješ svoju sudbinu od sudbine kreditnog novca u raspadu.
> Ne postoji način da se izbegne konačni kolaps izazvan kreditnom ekspanzijom. Alternativa je jedino da li će kriza doći brže usled dobrovoljnog odustanka od dalje ekspanzije kredita ili kasnije kao konačna katastrofa valute u kojoj je izražen. - Ludvig fon Mizes
Sa ovom promisli iz “Teorije novca i kredita” treba da počne svaki kurs iz makroekonomije. Dinamika kreditnog novca, ne biva u konačnom ciklusu, nego prevodi sistem iz jedne fiksne tačke nezaduženosti u drugu totalne prezaduženosti nakon koga je neophodan reset u vidu deflatornog (“…dobrovoljni odustanak…”) ili inflatornog (“…konačna katastrofa…”) kraha.
Nesporna eksperimentalna činjenica, na podacima UK i SAD za poslednjih 120 godina je da ovaj sistem nema kočnice. On mahnito kreira novac (kredite), a onda naglo staje. Na duži period količina novca u opticaju raste eksponencijalno i njegova uloga čuvara vrednosti se raspada.
Stotine kreditnih kriza u svetu samo od “privremene” vladine uredbe Ričarda Niksona, tj. ukidanja monetarne funkcije zlata 1971. i gubitak vrednosti rezervne svetske valute dolara za 92% od 1913. su činjenice.
Još jedna nesporna eksperimentalna činjenica, na primeru SAD, je da ekonomija takođe raste eksponencijalno od 1650. godine, sa prosečnim rastom od 2.9%. Ključno pitanje je: da li monetarni sistem nameće eksponencijalni rast ekonomije, ili je obrnuto, ekonomija nameće eksponencijalni rast kredita, tj. depozita u opticaju?
Ako je tačno ovo prvo, onda je sistem disfunkcionalan i ne radi kako je zamišljen, jer umesto da servisira ekonomiju, ona servisira njega. Ako eksponencijalni rast ekonomije nije održiv, onda ovakav monetarni sistem uopšte nije moguć.
Centralna banka troši ogromnu energiju na privid kako je za volanom kreditne ekspanzije. Tu bajku zove “transmisioni mehanizam”. Dajdžest ove dogme se može naći i u doktorskoj disertaciji Jorgovanke Tabaković (nije šala).
Da si prišao jednom centralnom bankaru pre 1980. i rekao mu da se količina privatnog depozitnog novca u ekonomiji može kontrolisati kamatnom stopom na rezerve centralne banke koje ona kreira u procesu kreditiranja banaka, smejao bi ti se u lice. Danas ako mu tvrdiš da se to može postići regulacijom minimuma obaveznih rezervi, kao što se to radilo do 1980, opet će ti se smejati u lice.
U stvari, istina je da je centralna banka samo običan refinansijer, kliring kuća privatnih banaka. Jedino što centralna banka može je da utiče na cenu (kamatu) i količinu depozita koje ona stvara. Te rezerve ne samo da nisu u dodiru sa spoljnom ekonomijom nego ih ima mizerno malo u odnosu na kreditni novac privatnih banaka.
Uspeh centralne banke u obuzdavanju količine kreditnog novca privatnih banaka u opticaju je jedna tužna nula kroz celu njihovu istoriju.
Privatne banke sa druge strane vrlo brižljivo iznutra gaje kulturu privida kako strašna centralna banka zadaje pravila igre. Regulativa kojoj se podređuju privatne banke u ograničavanju emisije depozita usvaja i nadgleda centralna banka, tačno, ali kao i u slučaju računovodstvenih standarda i ovo je međunarodni standard. Naravno, došao iz kuhinje nadnacionalne privatne institucije registrovane kao banka i u vlasništvu najvećih privatnih banaka zvane BIS — arhitektonske alegorije Vavilonske kule, smeštene u miru Švajcarskog gradića Bazela poznatog po najvećem broju bordela po glavi stanovnika.
Srpski guverner tamo dolazi jednom u dva meseca na kratki poslovni ručak, a onda bude ispraćen kući. Nakon ručka, 5 najjačih privatnih računovodstvenih knjiga sveta se povlače na zatvoreni sastanak.
Autoregulativa se svodi na vrlo konvoluirani matematički postupak klasifikacije i stohastičke simulacije prepun magičnih cifara na presudnim mestima, da bi se emitovanje depozita (kreditiranje) ograničilo količinom kapitala banke.
Njen sporedni efekat je upravljanje rizicima (od insolvencije i nelikvidnosti), važnija agenda je da sve privatne banke koriste iste kriterijume procene rizika kako bi se postigao efekat da se ceo sektor ekspandira i kontrahuje kao jedan. Zašto? Jer to privatnim bankama garantuje minimalno korišćenje rezervi centralne banke, žetona koje one ne mogu da proizvedu.
Dakle, ako banka želi da emituje više depozita (kredita) mora da poveća svoj kapital. A to može da uradi na sledeće načine:
– Dokapitalizacijom: emitovanjem još akcija, ovo smanjuje procenat vlasništva koje nosi jedna akcija, što ugrožava postojeće vlasnike (dilution).
– Smanji aktivu: proda nekretnine, opremu u vlasništvu ili podeli otkaze.
– Napravi kratku pozajmicu od centralne banke (repo) samo za ovu potrebu (trik se zove “window dressing” i banke ga obavljaju na kraju računovodstvenog perioda da ulepšaju bilans)
– Emituje svoje korporativne obveznice za prodaju. Ova akcija uklanja novac iz ekonomije na određeno vreme trajanja obveznice.
– Ne potroši profit i ne isplati dividende. Ova akcija, reklasifikacije profita na stavku “retained earnings” uklanja novac iz ekonomije na neodređeno vreme. Dakle, postoji vrlo važna razlika kada banka uveća kapital i kada bilo koji drugi ekonomski akter ne-banka uveća kapital. U slučaju banke to uklanja novac iz kruženja na neodređeno vreme, sve dok banka ne odluči da ga potroši na sebe. Ali što više kredita želi da emituje, to više novca mora tu da stoji nepotrošeno. Ovakva akcija obogaćuje postojeće akcionare.
Ne zaboravi, u idealnom slučaju trebalo bi da postoji samo jedan mehanizam za nestajanje kreditnog novca iz kruženja: otplata (produktivnog) kredita. Svaki drugi je za sistem toksičan: štednja (koja ga uklanja na kratak period), kolaps banke koji briše ceo bilans i uvećanje bankinog kapitala.
Veza eksponencijalnog rasta ekonomije i novca u opticaju nije jasna. Ali akcija povlačenja novca iz opticaja poreklom od dobiti od kamate na kapital banke je dokazano jedan faktor koji izaziva obaveznost rasta.
#### Recimo da monetarni sistem kreditnog novca zaista zahteva večni eksponencijalni rast da se ne raspadne. Zašto ne bismo mogli večno tako da rastemo?
Jer postoje nepotkupljivi zakoni, oni od majke prirode. Jedan od njih, koji nam sreću kvari, je Štefan-Bolcmanov, a onaj najgori, zbog koga nikada nećemo postati bogovi je II zakon termodinamike.
Kakvu god mašinu napravio, njen krajnji rezultat osim korisnog rada mora biti i nešto toplote. A naš svemirski brod koji nam daje život — Zemlja ima samo jedan način da oslobodi tu toplotu u okolni vakuum svemira — zračenjem.
Štefan-Bolcman nam onda govori, kolika mora biti njena temperatura, ako se mora osloboditi izvesne količine toplote. Danas oslobađamo oko 12TW toplote. Ako nastavimo da rastemo eksponencijalno istim tempom kao poslednjih 300 godina, oko 2400. godine prosečna temperatura na Zemlji mora biti 100 stepeni celzijusa. Apsurd.
Ova analiza nema nikakve veze sa efektom staklene bašte i problematikom klime i ugljen-dioksida, Štefan-Bolcman je do te mere kristalno jasan, da sa loncem poznatih dimenzija, nešto vode, termometrom i štopericom možeš izmeriti temperaturu na površini Sunca. I to je školski zadatak.
Dakle, ako monetarni sistem zaista zahteva eksponencijalni rast ekonomije da bi postojao u ovoj formi, onda tvrdim sledeće: šta će biti sa dolarom 2020. ne znam, ali ono što znam sa apsolutnom sigurnošću je da već 2150. njega ovakvog neće biti, jer je termodinamička nemogućnost.
#### Zašto onda države ne bi napravile svoje kriptovalute? Zar time ne bi i Bitkoin postao suvišan?
To je jedna stvar koju država sigurno neće nikad uraditi. Razmisli šta to znači za novčani poredak? Temelj monetarne ekonomije je da banka kreira novac u činu puštanja kredita. Ako centralna banka napravi kriptovalutu, vraćamo se u stanje fiat valute, tj. državnog novca i barter ekonomije, jer banke postaju samo medijatori, a depozitni novac centralne banke (sada rezerve) bi postale jedino sredstvo plaćanja sa kupovnom moći.
Sa druge strane, Bitkoin ne bi ni osetio ovaj potez, jer njegov status najvećeg lanca otvorenog pristupa bez administratora ne bi bio izazvan jednom običnom zatvorenom bazom sa kontrolom pristupa i vladinim sisadminom. Svaki kripto maksimalista bi trebao da priželjkuje ovako glup potez vlada. Tehnologija kriptovalute je istinski šah-mat vladajućoj ekonomskoj dogmi.
#### Po ovome onda ne vidim da imamo izbora? Ili imamo bezdugovni novac i sporu ekonomiju razmene sa teško izvodljivim kreditiranjem ili imamo sofisticiranu monetarnu ekonomiju koja mora imati banku za triangularnu transakciju i u njoj uvek nekog ko odlučuje kome i kada pustiti kredit, tj. stvoriti novac. I da igramo tu igru dok ne spržimo Zemlju?
Treća opcija je da se svi mi izmenimo, počnemo da meditiramo i da raširimo kosmičku duhovnost tako da svaki od nas poput anđela može da čini samo dobro. Onda je svejedno kakav monetarni sistem imamo. Razočaravajuće je koliki broj ljudi i dalje misli da se tako gradi društvo.
Problem nije trivijalan, ali pre Gutenberga, dok su pisari bili centri kontrole pismenosti, mislili smo da je svet ravan i star 6000 godina, a žena nastala od muškog rebra. Nakon što smo oslobodili jezičku mrežu otkrili su nam se večni zakoni prirode zapisani jezikom matematike, kojima je i Tvorac odlučio da se povinuje.
Nekada smo decenijama plaćali harač za zarobljenog kralja da se vrati iz zatočeništva. Kada nam je Gutenbergova mašina omogućila da postanemo programeri pisanog jezika — gramatike i pravopisa, shvatili smo da je kralj smrtan, samo je ustav besmrtan.
Danas, centri kotrole kreiranja novca ulažu divovski trud u stvaranje privida da su izaslanici nevidljive ruke tržišta. Da bolje znaju kom mlekaru dati kredit od ostalih mlekara, kom poljoprivredniku od ostalih poljoprivrednika.
Iza tog vela stoji samo lamentiranje nad finansijskim izveštajima kreditnih odbora koji da se sutra zamene bacanjem fer novčića, ekonomija ne bi osetila razliku. Sve što ti lažni proroci rade je puštaju indulgencije svojim prisnima. Kako ekonomska nauka kaže: misalokacija kapitala.
Do 3. januara 2009. nismo imali izbora, jer smo transakcije mogli obavljati samo kroz njih. Izbor je duša Bitkoina. Sada imamo naše cevi za prenos vrednosti. A to što kroz njih teče nije ugroženo u kriznim vremenima kada obećanja počnu da se krše, jer nije opterećeno dugom i ima čvrstu garanciju oskudnosti.
Kreditni novac neće otići, ali više nismo u nemilosti bankara. Sada jedni druge držimo u šakama. Čovečanstvo je sazrelo za novo vreme u kome se privatnost transakcije, pravo raspolaganja imovinom neometeno nacionalnim granicama i dobrovoljno oporezivanje vidi kao elementarno pravo.
Sledeći korak istorije će biti distribuirana (p2p) kriptografska mreža kreditnog novca, u kome odluka o puštanju kredita biva oslobođena od centara kontrole, bitkoin postaje rezerva, nenaplativ kredit jasno definisan, a otplata kredita dobrovoljna, motivisana teorijom igara implementiranom u biznis logiku protokola.
Možda će upravo ovakav sistem pokazati da je kreditni novac moguć bez obaveznosti rasta. Banke će uspeti tek na tren da podignu glavu i vide obris tog asteroida u naletu.
#### Zar je zaista moguće da sistem ovako funkcioniše? Ovo sve miriše na teorije zavere, pseudonauku u najgorem slučaju.
[Kvartalni bilten centralne banke engleske (BOE) o mehanizmu kreiranja novca u ekonomiji
](http://positivemoney.org/2014/03/bank-england-money-money-creation-modern-economy/)
[O nemogućnosti eksponencijalnog rasta
](https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/)
[Vebsajt profesora Stiva Kina
](http://www.debtdeflation.com/blogs/2009/12/16/circuit-theory-and-the-state-of-post-keynesian-economics/)
[O imperativu rasta
](http://zaista.mathias-binswanger.ch/inhalt/Artikel_in_Fachzeitschriften/Journalofpostkeynesianeconomics.pdf)
[Školski zadatak kako izmeriti temperaturu na površini Sunca:
](http://sbo.colorado.edu/SBO_OLD_SITE/sbo/manuals/apsmanuals/suntemp.pdf)
Monetarni suverenisti: [www.positivemoney.org](http://www.positivemoney.org/),
[https://www.sovereignmoney.eu/](https://www.sovereignmoney.eu/)
[Odlična monografija Jozefa Hubera
](https://www.sovereignmoney.eu/books/)
[Nezaobilazno štivo Ričarda Wernera, oca kovanice “kvantitativne olakšice” i monetarnog suvereniste](http://positivemoney.org/where-does-money-come-from/)
[I njegov vrhunski članak o činu kreacije dugovnog novca](https://www.sciencedirect.com/science/article/pii/S1057521914001434)
#### Da li si svestan da nobelovac Pol Krugman tvrdi suprotno?
vaka epizoda istorije ima svoje fariseje i aristotelovce. Dežurnu dvorsku ludu postojećeg poretka, sramotni portret korumpiranosti jedne nauke — [Pola Krugmana istančano opisuje anonimni autor ‘Buckaroo Banzai’.](http://www.zerohedge.com/news/2017-10-19/krugman-and-heroic-fed)
Stiv Kin (Steve Keen) je mnogo bolji izbor ako želiš da razumeš ekonomiju, don Sagredo. Ali moraš da se potkuješ fizikom ako želiš da se probudiš iz računovodstvene bajke. Diferencijalne jednačine, ne tepisi teksta.
“Greši onaj ko misli da će nas simboli odvesti od realnosti, naprotiv dovešće nas u suštinu stvari”, umeo je da kaže veliki Lajbnic. Ili kraće: vires in numeris.
#### Don Salviati, nobody likes a smartass. Gde mogu da naučim više o Bitkoinu?
[https://lopp.net/bitcoin.html](https://lopp.net/bitcoin.html)
![](https://startit.rs/media/inel-768x480.jpg)
*Stilizovani prikaz bilansa sa dve računovodstvene situacije koje za banku znače kraj poslovanja i opisom kako do njih dolazi. Levi scenario se po pravilu nikada ne događa, jer šta je to nenaplativ kredit? Sliku izradio: miloseviclawyer.com*
-
@ 005bc4de:ef11e1a2
2025-01-14 19:18:55
![stars_cr.jpg](https://files.peakd.com/file/peakd-hive/crrdlx/23tRnCx9QdmTXBL3Y1yVBv2z8m8B7uxK6Ds7rdWj7LDhn77ZAZ92MtPuoFnXmPWtmiTeJ.jpg)There was a time when I liked to regularly listen to NPR for their stories. And, I owe a certain something to NPR since that's where I first got interested in bitcoin. But, their incessant political hard-left, alt-left push eventually pushed me away. Nowadays, I'll sometimes listen in just to get annoyed at whatever silliness they're projecting.
January 9, 2025, I heard this: https://www.npr.org/2025/01/09/nx-s1-5228194/what-are-biodiversity-credits-and-could-have-a-meaningful-impact talking about "Biodiversity credits." I'd heard of "carbon credits" before, but never biodiversity credits.
Evidently, some "financial instrument" is being sold for $25 a pop as a "biodiversity credit." I assume the sales site is [this one](https://market.climatetrade.com/projects/banco-de-habitat-bosque-de-niebla-el-globo?id=528). With one credit purchased, your **$25 gets you a promise** from...someone. The promise, or "assurance", is to protect a 10 x 10 square meter splotch of Andean mountainside where the spectacled bear lives. The spectacled bear? I was unfamiliar with the [spectacled bear](https://en.wikipedia.org/wiki/Spectacled_bear), but evidently it's a bear that looks like a large raccoon and likes to scratch trees.
![specbear.jpg](https://files.peakd.com/file/peakd-hive/crrdlx/23vhqCBG7mWLvmDH8apWfNABhWsHtehwefM5mrbKnWBDyfue4CkDF7PUswJ5aqm1naZk1.jpg)The NPR folks ponied up $25 for the so-called biodiversity credit financial instrument. After their purchase, the NPR journalists apparently traveled to Colombia, to the "water star" area where the alleged preserve exists as "El Globo." Okay, three things here:
1. They only buy one biodiversity credit? How's a spectacled bear supposed to live on a 10 x 10 meter square?!
2. I'll assume the journalists (I read this as plural since the article said "we"; I'll guess two people) flew from the US to Colombia. Are listeners/readers to just ignore the fact that they flew on a carbon-emitting jet to Colombia for the sole purpose of checking on a 100 square meter plot? This is the plot of land that exists supposedly to house animals threatened by supposed climate-caused deforestation, like jet exhaust? Are we to just pretend this hypocrisy is not there?
3. Are we to ignore that the plane tickets for two (not to mention room, board, and travel while visiting Colombia) could rather have been spent to buy more than one biodiversity credit and to ostensibly save more land?
I've got to say, this sounds like a $25 ticket to win a prize for an all expense paid trip to the Colombian Andes to see the exotic spectacled bear. Credit to those who pulled off this $25 trip to the water star region of Colombia; nicely done. Okay, maybe NPR had correspondents already in Colombia. Either way, first, it didn't sound that way in the report and secondly, there's more to the numbers.
According to the "climatetrade.com" website (that name, wow!), there are 310,000 biodiversity credits to be sold. Let's do the math:
310,000 credits times $25 for each credit comes to $7.75 million. El Globo is 340 hectares of land (that's 840 acres). $7.75M for 840 acres is $9,226 per acre.
Knowing zero about land value in Colombia, that still seemed high to me. Google Gemini AI informs me the median price is much lower. It reported this:
> According to available information, the median price per acre of land in Colombia varies significantly depending on location and land quality, but generally falls within a range of $1,500 to $10,000 per hectare (equivalent to roughly $365 to $2,400 per acre).
>
> Google Gemini
What's more, this is not for protection of the land *in perpetuity*...no, this is for 30 years only. Say what? This sounds to me like somebody's career plan: 30 years of protection, retirement, then I can't guarantee the land's protection after that. More likely, somewhere around about the 20 year mark, it will be time to start to re-up and start selling credits again. Well, at least these 30 years of protection are "verified by an independent third party." That should make us all feel better.
For a second opinion on numbers, I asked the AI, Microsoft Copilot. It said with $7.75 million USD one could buy a lot of land: between 7 and 16 thousand hectares. That's a lot more than the El Globo preserve of 340 hectares.
![screenshot-2025,01,10-16.38.02.274.png](https://files.peakd.com/file/peakd-hive/crrdlx/EokitT3V5Fks1xu4MhvndwbFuskci1bZ8RR3KM16iwr8Am1JUUVjew2DHFVG9ZFhmVE.png)Understand, this is actually purchasing the land. If you purchase it, it can be held as a preserve forever, not just for 30 years.
And, speaking of money, and funding, and choices made in spending that money, remember that NPR gets US government money to operate. They take great pride in running hours-long annual fundraisers to ask you and me for public donations while giving "commercial-free programming." Yes, they literally run hours-long commercials for a week or two each year to say that they run commercial-free programming! 😆 You can't make this up. Nevertheless, NPR gets about $34 million from the government annually according to Microsoft Copilot AI.
![screenshot-2025,01,11-09.01.35.819.png](https://files.peakd.com/file/peakd-hive/crrdlx/23tSwyS5QK9u8sQ1z2bVyRZLtD1fwRi91gxKJJrYELWnHtrBpxAyxjjuTcEnhpoYK5sqm.png)NPR seems to go to lengths to downplay this government funding. It's a mess. NPR apparently says they get "[less than 1%](https://en.wikipedia.org/wiki/NPR#:~:text=On%20April%2012%2C%20NPR%20announced,the%20Corporation%20for%20Public%20Broadcasting.)" of their $300 million annual budget from the government. (Disregard the fact that every other radio station supports themselves 100% and gets 0% from the government.) But, this 1% looks as though that's only money *directly* from the federal government. There is a larger chunk coming in via the Corporation for Public Broadcasting (CPB), which is also government money. The CPB funds "member stations" and those stations pay dues to NPR. Somehow, this government doesn't count in NPR's eyes. So, despite the "1%" talk, it's *still* government money funneling to NPR. By masking this fact, NPR is making the whole situation look shadier than it is. It might do well to simply be up front about government funding rather than obfuscating it and making the whole thing look shady; "the cover up is worse than the crime," as they say. All told, the Copilot estimate is $33.9 million in government funds going to NPR annually (about 12% of their budget, not 1%). The other 88%, I guess, comes from donations by regular folks, foundations, and corporations who respond to the hours-long, weeks long annual fundraiser commercials about commercial-free programming.
Anyway, $33.9 million in government money, and $300 million total when you count in donations. That's a lot of hectares of Andean biodiversity credits that could be bought. Actually, NPR could have bought them all and the bears would be safe for 30 years. Also, as to those reporters who trekked to Colombia for a visit, that's a pretty good tax-supported, listener-supported gig that they pulled off: buy one "biodiversity credit", get a vacation to the Andean forest to see bear scratchings.
It gets worse. The outfit selling these biodiversity credits on https://market.climatetrade.com admits that $7.75 million is a lot of money for Moms and Pops to purchase all the credits. (I still can't get over that URL, at least it's honest by flat out stating they're making a market out of trading the climate.) They say they need corporations to chip in and buy mass credits. According to the report, they have meet-ups and shin-digs for this sort of thing, apparently. A favorite line for me in the piece was "...Handing out shots to promote a jaguar credit."
![soireepianobar.jpg](https://files.peakd.com/file/peakd-hive/crrdlx/AJpjrRuV6UVk99fEKn2tgo9Ce69fQEdXVPDCLZjiM7PUMLYkSXNLatVE41dMomd.jpg)> Image created at https://leonardo.ai with the prompt: "well-dressed folks at the soirée laughing as they down a shot of tequila and suck a lemon in salute to said jaguar"
At this point, it seemed that these various credits were and are spinning off into something very much like the multitudes of memecoins...doge, dog-wif-hat, dog-wif-cat, dog-wif-pepe, pepe-wif-maximus, maximux-wif-spectacled-bear, spectacled-bear-wif-jaguar. Seriously, we have credits (tokens), we have "tokenomics" of a max supply and emission, we have a market to buy the the credits/tokens ICO-style. I wonder if there is a secondary market where NPR could unload their one biodiversity credit if they were to go full climate credit degen. I pictured in my mind the well-dressed folks at the soirée laughing as they down a shot of tequila and suck a lemon in salute to said jaguar in the report. "Jaguar credits to the moon!"
To be fair to NPR, they did include one man's counter to biodiversity credits. Mark Opel said this:
> At the end of the day, companies are in the business of generating shareholder value. There is not a business case for biodiversity credits to generate shareholder value beyond a token amount of philanthropy and marketing.
That was some much-needed concise analysis and clarity, a voice of reason. The only value these credits bring to companies was "a token amount of philanthropy and marketing." So, we have two value transfers going on here:
1. The "El Globo" outfit gets value by making money on climatetrade.com...$7.75 million if all spots sell, only to be re-upped again in 30 years. **Somebody is getting paid**.
2. A company can get value by **feeling good** for saving spectacled bears and thereby **looking good** in the public eye. It gets feel-good press.
Here's the bottom line...
This story checks many of the boxes for an NPR listener. It's a mix of climate change, saving cute and furry animals, deforestation, fighting corporations who want to exploit the land, and feeling good that you did something for these things. I see why they chose to send reporters to Colombia for this story. This story fits the narrative.
### Placebo Credits
Let's play this thing out.
Since the purpose of these credits is to (1) transfer money to some outfit and (2) make companies, or you, feel good and look good, then let's do this...
I want you to think of something that is wrong in this world right now. Think of something you feel is terribly unjust. Maybe it's the spectacled bear being pushed out by greedy corporations, or a baby polar bear swimming aimlessly searching for an ice floe, or maybe something else, like the blue footed booby. Maybe it's land being clear cut or burnt off or walls of ice breaking off into the ocean as lonely icebergs. Perhaps it's all the sad downtrodden puppies that could use your help. They are cold, they are hungry, they are sad. They are looking at you. Picture those puppies in your mind now.
To rectify whatever bad thing you are thinking of, whatever wrong you wish to help right, you can now **buy Placebo Credits** (PCs). Placebo Credits *will* make you feel that you are in fact doing your part; that you are *truly* making a difference in this world. **Placebo Credits work**.
To buy Placebo Credits, send bitcoin to the address below. One bitcoin satoshi will buy you one credit. Don't cheat yourself...the more PCs you buy, the better you will feel knowing that you are making a difference in this world.
Get Placebo Credits here: https://coinos.io/pay/crrdlx
![qr-coinos-PC-300.png](https://files.peakd.com/file/peakd-hive/crrdlx/AJj37buEMseDTR8XZEQhweHyv6sUZfLEyFDyp6aUmiCuPECLGRFRez3AcXiQAqR.png)Are you a Nostr user? Just send a zap! ⚡ A zap buys Placebo Credits too! Not on Nostr, [get on it](https://start.njump.me). Send zap, get Placebo Credits!
And, why only make a difference in *this* world? Don't constrain your imagination. Don't constrain how much you help the world and how much you help yourself in the process. Look up, look beyond, look to the stars. When you look at the stars tonight, pick one out. Pick out any of the beautiful stars above. It's twinkling at you, it's calling out to you...then help save that star. **Buy Placebo Credits to help save your chosen star**. Then, every night from today onward, you can look up at your shimmering, twinkling star. Let it remind you of your fight against all the wrongs that exist and your push toward a more just and verdant world. When you look at your star, let that point of light buoy up your resolve, and say to yourself, "I did my part...and I can do more."
![stars.jpg](https://files.peakd.com/file/peakd-hive/crrdlx/AJkKL6ifVxz9B2ur6U56payuDy1oLRH7bUWLfpbaddpzVpC9SS3Pymio1DV36Xa.jpg)> Source: leonardo.ai using the prompt: "beautiful stars shining brightly in the night sky creating a sense of wonder"
-
@ 72592ec9:ffa64d2c
2025-01-14 19:03:12
1. Knots helps you exercise your self sovereignty verification muscle, instead of conforming to the TrustMeBro defaults of core. Thus you are more prepared to actively defend Bitcoin in case of hardfork-softfork or other shenanigan's.
2. Knots is more feature rich and useful than core, allowing end users to finely tune their nodes mempool policy to reject spam transactions from their own mempools, through such bitcoin.conf settings as: rejectparasites=1 , datacarrier=0, permitbaremultisig=0
3. Running a Underdog Bitcoin Client makes the Bitcoin network more robust as a whole. Supporting an ecosystem of multiple compatible clients running in tandem. Running knots makes Bitcoin, the network more robust, and makes the bitcoin development ecosystem richer. Knots is a backup-option in case core becomes obviously compromised. For decentralization, do we really want only a single implementation, with all our eggs in one basket with just bitcoin core? No.
4. "Knots makes it so that you're not using your node's computing resources to hold and process spam shitcoin transactions and you have better control over what transactions you prioritize processing." - Thus you can save your mempool resources from being abused by bad actors with Knots, but not with core, unfortunately. Core doesn't believe in giving their end users too much choice. This has long been their attitude: to dictate down and deny non-consensus violating choice to end users.
5. Thus running Knots is a counter movement to the unfortunate attitude in core that has willfully neglected a core subset of it's users who care about spam filters. Running Knots is not just a technical improvement in running Bitcoin. It's a political statement in the Bitcoin development ecosystem. ie
**No. Not Good Enough. I get to run the code I want within consensus and you can't stop me. That's Bitcoin.**
You can download Bitcoin Knots at http://BitcoinKnots.org
Be sure to verify your download. Exercise your verification muscles.
For a full list of Bitcoin Knots features versus Core, see:
https://bitcoinknots.org/files/27.x/27.1.knots20240801/bitcoin-27.1.knots20240801.desc.html
A related video on the subject by Matthew Kratter:
https://www.youtube.com/watch?v=Pgab8FuBwgg&ab_channel=BitcoinUniversity
originally posted at https://stacker.news/items/850273
-
@ e8ed3798:67dd345a
2025-01-14 17:38:49
Crowdsourcing subjective value is a great idea, but when no thought has been put into how to do it, the results are neither useful nor healthy.
In this article we discuss the problems with the classic five star rating system and why it needs to be abolished in favor of better expressions of public sentiment.
## Part 1: What's In A Star?
Let's start with a thought experiment:
- Do you buy products on Amazon that have 3 stars?
- Do you take rides from Uber drivers that have 3 stars?
- Do you download apps on the App Store that have 3 stars?
- Do you visit places on Google Maps that have 3 stars?
"Not on purpose," is probably your answer. But why not? After all, a three out of five is better than the median; it's 60 percent! That is solidly "above average" by any usual measure. Although it makes sense in mathematical terms, it is not correct to say that a 3 star product is at least half as good as a 5 star product.
The funny thing about the 5 star rating system is that nobody really knows exactly what the stars mean, mostly because they aren't ever explained. They are just a weak abstraction of a score out of 5, which itself is an abstraction of a score out of 100, and it is used to average all ratings for a thing into an average star rating. Presumably, 5 is the best and 1 is the worst, and somewhere in between is... what exactly? Mediocre? Passable? Acceptable? Average? Who knows! This is the first problem with this system; while the top and bottom of the scale may be implied (ambiguity still isn't great), the middle of the scale is entirely ambiguous.
Most of the time, people start with a default supposition that a product ought to be 5 stars, and then they subtract stars according to their own perceived deficiencies of the product. On the flip side, people who are dissatisfied with a product tend to start at 1 star and perhaps award it a couple more if they are feeling charitable.
This dualistic approach highlights another issue with this kind of rating system. Despite the pure quantitative mechanism, the feelings and disposition of the rater ultimately assign meaning to the numeric scale.
Ultimately, any 5 star rating system ends up being a gamut ranging from hate it to love it with a lot of ambiguity in the middle.
To put it simply, the stars mean nothing. But to be more precise, the stars are the *average* of the *numeric expression* of the public sentiment about a thing.
OK, public sentiment. That's what we want right? We want to know what the public thinks about the product so we can make a good purchase decision.
Except, unfortunately, the 5 star rating system does an incredibly imprecise job at capturing what the public actually thinks about a product. Let's dive into why this is. But first, to conclude our thought experiment, I'd like to establish an informal consensus that we instinctually seek out the highest rated items and avoid ratings less than 4.5 out of 5, with infrequent exceptions. If this sounds like you, then let's proceed.
## Part 2: Trash or Treasure
How does one turn their feelings into a number? This is not something people are good at, or do naturally, or are even required to do very often. It is also completely subjective and arbitrary. Does "happy" mean 5 or 100 or 902,581? It really depends on what you are trying to measure.
However, you've probably done this on a survey. Normally, a range of options is given with accompanying numbers. You may have heard a guiding explanation such as "Rate one through five, with one being 'least likely' and five being 'most likely' to recommend to a friend." Such explanations are useful in assisting a person in expressing their personal sentiments as a numeric range, and anecdotally I seem to provide more nuanced answers when I have guidance as to what each value actually means to me. However, such explanations are missing from most places where five star rating systems can make or break one's livelihood as a seller, developer, or musician. Users are normally given no guidance as to how a particular star value should correspond to their sentiment.
Accordingly, this manifests in an all too common star rating smiley. Like the famed "smiley face curve" equalizer setting popularized in the 70's in which the frequencies of a song were engineered to grow from the midranges upward toward the treble and bass making a smile shape (who's midrange is the lowest), the star rating smile is a common sight on product reviews where the most common review ratings appear anecdotally to be 5 and 1, then 4 and 2, and lastly 3.
The fact that the most common ratings are five stars and one star indicates that people most often do not think about their experience as a gradient between good and bad, but rather simply label their sentiment as only "good" or "bad" with little room for nuance. Having not received any guidance for expressing their sentiment numerically, this should be wholly unsurprising. But, I also feel like this binary outcome is a very natural expression that requires minimal mental energy to produce, and is therefore the most efficient expression of sentiment. I suspect that in another universe where we have a commonplace 15 star rating system but humans are the same, the most common ratings are 15 stars and 1 star respectively.
Other factors influence this binary good/bad paradigm too. People know instinctively that leaving a bad review is bad for business, and often this is their vengeful response to any sense of feeling as if they have been mistreated, misled, or swindled by the seller. Often times the sheer excitement of the new product compels people to write reviews only minutes after they have received it, precluding them from providing an experienced and time-tested perspective of how the product performs.
These quirks of human behavior can skew five star ratings severely. But the behaviors themselves are not bad! They are totally natural and expected. The real problem is how the five star rating system fails to capture these commonplace human sentiments accurately.
We need to build a rating system that works for people rather than forcing people to fit into a poorly executed rating system.
## Part 3: Feast or Famine
It is natural that when presented with a plethora of options, humans will be drawn to the options that are labeled as "the best". When "best" possible is five stars, then five stars naturally becomes the [Schelling point](https://en.wikipedia.org/wiki/Focal_point_(game_theory))for all buyers and sellers, where the vast majority of economic activity is concentrated.
When all ratings are seen from a five-based perspective, fours look barely adequate. Threes look unacceptable. Twos are abject. And ones are complete disasters.
You may have heard about how [Uber would suspend drivers whose ratings fell below 4.6](https://www.inc.com/minda-zetlin/uber-rider-ratings-deactivation-lyft-rideshare.html). The tendency of five star rating systems is to create a gradient of sentiment where 1 to 4.5 stars is "bad" and 4.5 to 5 stars is "good".
One rarely discussed outcome of this dynamic is that good ratings are nearly impossible to compare to each other. As alluded to in the introduction thought experiment, the narrow range between 4.5 and 5 leaves very little room to distinguish from a good product and an excellent product; both are simply "good" or "not bad". As highly rated products are usually the products people are most interested in, it is unfortunate that a favorable rating would actually provide less signal than a bad rating as to the product's relative quality in the spectrum of good ratings.
Meanwhile, bad ratings have wide berth to compare numerically. The astronomical range between 1 and 4.5 is a very spacious gradient in which to assess how bad one product is versus another, except nobody actually cares because nobody is going to buy it anyway!
In the five star rating system, the better a product is, the *less* information we get to compare it to other similarly good products. This is a critical design flaw, because the better a product is and the more people review it, the *more* information we should have about it versus other similar products. It would be better if the range of "good" ratings was wider so that good ratings could be compared to each other.
I'd like to emphasize that the *loss of precision* as a product becomes more desirable is a truly ludicrous mechanic of the five star rating system. This poorly conceived rating paradigm completely pervades our digital economic systems and determines the success of millions of producers. Let's be clear about the stakes. Assigning subjective value to things is completely overlooked for what it really is: a absolutely critical and monumentally influential economic activity. Because the most important economic activity is how we assign value to things with money, the second most important economic activity is how we *inform* our economic value assignments with subjective value assignments such as these.
We need to fix how we rate things. It could literally change how entire economies function.
## Part 4: Quality or Quantity
Valve has obviously put thought into how they handle ratings for video games sold through their extremely popular and long-lived Steam platform.
Reviews are not allowed until a certain amount of hours of the game have been played. The review must assign a thumbs-up or thumbs-down, and then provide a minimum amount of text.
Then, rather than simply providing an average of these binary ratings, Steam averages them over a recent period of time, creating a dynamic where if a game developer releases a new update, the reviews written more recently are sure to influence the overall rating of the game rather than old ratings that haven't taken the new update into consideration.
Finally, the aggregated rating itself is displayed as "Overwhelming Negative", "Very Negative", "Mostly Negative", "Mixed", "Mostly Positive", "Very Positive", or "Overwhelmingly Positive".
Ask yourself, which product would you be more likely to try?
- 2.5/5 stars
- "Mixed Reviews"
Ironically, the Steam rating system gives users less flexibility to express their sentiment as a number, and yet provides more depth, nuance, and balance to the resulting ratings. This, ladies and gentlemen, is what it looks like when somebody gives a damn about how things work. It is a great system.
Another interesting emergent behavior that accompanies many Steam reviews, as well as many reviews on other sites, are user generated pros/cons lists. These lists are helpful and offer qualitative labels that help to explain the quantitative rating assignment, although these labels are not mechanically related to the rating system itself.
Steam has another mechanism to express qualitative judgements in the form of labels, although they had to be restricted because they were being abused in undesirable or nefarious ways. Now the labeling system does more to tell you about what the game is rather than what people think about it, which is fine, but I feel like it is a missed opportunity.
Therefore, I'd like to propose a simple system that combines thumbs up/down and labeling to be used in the context of nostr's review system.
## Part 5: QTS
I call this new review system QTS, or the "Qualitative Thumb System". [Originally I developed QTS when working at Arcade Labs.](https://github.com/ArcadeLabsInc/arcade/wiki/ArcadeSocial)
[This PR for a new nostr review mechanism](https://github.com/nostr-protocol/nips/pull/879) allows for a lot of flexibility in how you apply ratings to things, so QTS is simply a method of applying rating values that creates a better human-oriented review system. QTS is a way of using reviews.
In essence, QTS capitalizes on our very human instinct to assign a "good" or "bad" label by limiting the quantitative assessment to a thumbs-up or thumbs-down. Then, QTS provides qualitative labels that describe possible positive sentiments that describe different aspects of the thing being rated.
First, the user chooses thumbs-up or thumbs-down as their overall assessment. If they do nothing else, this is sufficient to capture their sentiment. However, labels should be provided which the user can check or toggle on to increase their rating further.
The initial thumbs up is worth 0.5, and each label is worth (0.5 / number of labels). The minimum rating is 0 (thumbs down, no labels), and the maximum rating is 1 (thumbs up and all labels). Any rating 0.5 or above is trending toward good and below 0.5 is trending toward bad.
The labels should be applicable in the context of the thing. So, for example, I might provide the following labels for place reviews in a Google Maps-style app:
- Convenient
- Clean
- Affordable
- Memorable
- Inviting
These labels could possibly describe any place. It's OK if a place doesn't have all of these qualities. Zero labels and at thumbs up is still a "good" rating. Each label selected is essentially a "cherry on top" and its absence may indicate that either it isn't applicable OR the place failed to earn it.
Likewise, it is possible that you may give a place a thumbs-down and apply labels; this would result in a rating higher than 0 but still in the bad gradient (below 0.5).
Here are the key benefits I want to highlight of QTS:
- The 5 star rating system forces a user to do the work of translating their sentiment into a quantity. With QTS, the user never has to translate their feelings into a number! They only express good or bad and pick labels, and the QTS mechanism does the work of translating this into a computation-friendly value.
- The 5 star rating system generally results in a "bad" range from 1 to 4.5 and a "good" range from 4.5 to 5. QTS balances this with a "bad" rating at 0, a "good" rating at 0.5, and an excellent rating is anything above 0.5 (up to 1.0). This creates the maximum possible gradient between good and bad which makes it easier to compare similar ratings. Recall this in contrast to the 5 star rating system which actually _loses precision_ as more ratings are provided.
- It is also helpful that similar QTS ratings may have different labels, which will allow people to make easy qualitative assessments that do not depend on users generating their own pros/cons list.
## Part 6: Implementing QTS
Here is how it works:
You give the user the option to rate a thumbs up or thumbs down.
Then, you also give your user the option to choose from a predefined set of positive labels. You can have any number of labels but try to keep it below 10 so as not to overwhelm your users. Keep the labels general enough that they could potentially apply to any thing being rated.
For example, if you were providing labels for Amazon.com, some good labels would be:
- Good Value
- Good Quality
- As Described
- Durable
- Right Size
These labels are general enough that they could apply to almost any product. It is important to create labels that are general so that when comparing product ratings you are comparing the same labels. It is possible however that something like Amazon.com could define a different QTS label subset for each product category, and then the labels could be more specific to that category.
For example, a product category of Candles could have "Long Burning", "Good smell", "Safe", etc. These labels are much more specific, but appropriate for the Candle product category. The main point is that products which should be compared should use the same QTS label set.
Some poor examples of labels would be:
- Orange (not really relevant to the product's assessment)
- Easy to Lift (only relevant to certain products)
- Made in USA (not really relevant to the product's assessment)
- Cheap (not descriptive enough and could be interpreted as negative)
A score is derived as follows:
- a thumbs-down is a score of 0.00
- a thumbs-up is a score of 0.50
- a label is worth 0.50 ÷ the number of labels available. So, if there are 3 labels to pick from, each label is worth 0.1666. The labels should all have the same value.
Here is an example by calvadev being used on Shopstr:
https://github.com/nostr-protocol/nips/pull/879#issuecomment-2502210146
You can adjust the weights however you want. The fundamental thing that QTS prescribes is that a thumbs up gives a 50% score, and labels each contribute an equal share up to another 50%.
# Conclusion
With nostr we have a great opportunity to improve the economic information available to the planet. A more efficient market based on higher quality information will improve civilization in ways we may not expect, but definitely deserve!
If you like this post, be sure to give it a thumbs up ✌😁
-
@ 000002de:c05780a7
2025-01-14 17:24:02
Remember when people were freaking out about ordinals and NFTs on bitcoin?
Remember when fees went bananas?
Yeah, that kinda went nowhere.
Guess what, bitcoin isn't so easy to kill.
It ended up being a good thing IMO.
Pushed everyone to become more efficient.
There's a lesson here. Chill out. Its gonna be OK. Bitcoin's incentives work.
**What did you learn during the ordinals freak out?**
originally posted at https://stacker.news/items/850107
-
@ 5d4b6c8d:8a1c1ee3
2025-01-14 16:31:54
In my post about [morning routines](https://stacker.news/items/844949/r/Undisciplined), I mentioned that the middle of the day can get a little messy. I prefer flexibility over regimentation, but I still need some guiding principles to act on.
One of those principles is ***Hormesis***.
This is the idea that manageable doses of potentially harmful stressors are good for us. It's not quite "What doesn't kill us makes us stronger", but it's something like that.
# Intermittent Fasting
Intermittent fasting causes the body to enter a state of ketosis. This metabolic state burns fats more efficiently and reduces food cravings, because your body is munching down on its fat reserves. So, if I'm not hungry, I don't worry about preemptively eating, since I know being hungry can be good for me.
# Dry Fasting
Dry fasting, foregoing water, puts the body into a state of autophagy, which translates literally into "self eating". It's not as scary as it sounds, though. What happens is you start metabolizing a bunch of intracellular junk and debris, because water is a product of metabolic reactions. Our bodies will actually produce their own water ("endogenous water") out of junk that's making us sick, including excess body fat.
I haven't hydrated in over a year now and I feel great.
# Cold Exposure
Being mildly cold for an extended period of time causes our bodies to switch from storing white fat to storing brown fat. It's been a while since I looked into this, but brown fat is supposedly healthier and it generates more heat.
The thermostat isn't low in the winter just because I'm cheap: it's good to be a little cold.
# Heat Exposure
I've actually never looked into this in detail, but I know people swear by the health benefits of saunas, steam rooms, hot baths, etc. I think it's related to perspiration being one of the main ways we eliminate toxins from our bodies.
The thermostat isn't high in the summer just because I'm cheap: it's good to be a little hot.
# Exercise
The best known example of hormesis is just regular exercise. This extra stressing of our bodies is so linked to the idea of ~HealthAndFitness that I don't feel any need to elaborate on it.
# Hygiene Hypothesis
Why do so many more people have allergies and other autoimmune disorders than in prior generations and why is it a western phenomenon?
One leading explanation is that our immune systems don't learn what they're supposed to because our modern environments are so sterile. Regular minor exposure to germs and allergens gives our immune systems the opportunity to learn what they are so that it doesn't go berserk when it sees a higher volume later (or something like that, I'm not that kind of doctor).
The 5 Second Rule should be a lower bound.
------------
I'm sure there are many more examples of hormesis. Rather than look them up, though, I'd rather hear from the stackers about what beneficial stressors they rely on for their personal health.
originally posted at https://stacker.news/items/850029
-
@ 188302bb:9052db11
2025-01-14 16:15:45
The playoffs just seem over hyped.
originally posted at https://stacker.news/items/850003
-
@ f9c0ea75:44e849f4
2025-01-14 16:08:47
Por décadas, o Brasil se beneficiou de um bônus demográfico, no qual a população em idade produtiva crescia mais rápido que a população dependente. Isso impulsionou a economia, o consumo e a urbanização. No entanto, essa era chegou ao fim.
Com a queda nas taxas de natalidade e o envelhecimento acelerado da população, o país enfrenta um futuro de baixo crescimento econômico, crise previdenciária e perda de relevância global. Pior ainda, o Brasil não tem a estrutura econômica e tecnológica necessária para compensar esse declínio populacional.
---
## O Fim do Bônus Demográfico Brasileiro
A transição demográfica do Brasil está acontecendo mais rápido do que o esperado. A taxa de fertilidade caiu abaixo do nível de reposição, e a população idosa cresce rapidamente.
### Colapso da Taxa de Natalidade
O Brasil experimentou uma queda drástica na taxa de fecundidade nas últimas décadas:
- 1960: 6,3 filhos por mulher
- 2000: 2,3 filhos por mulher
- 2022: 1,6 filhos por mulher (abaixo da taxa de reposição de 2,1)
- Projeção para 2050: 1,5 filhos por mulher
- Fonte: Banco Mundial, IBGE, ONU
Essa queda acompanha tendências observadas no Japão, China e Coreia do Sul, países que agora sofrem com envelhecimento populacional e escassez de mão de obra. A diferença é que essas nações têm alta produtividade e tecnologia avançada para mitigar os efeitos demográficos. O Brasil não.
### Envelhecimento da População e Redução da Força de Trabalho
- Em 2023, 10,5% da população brasileira tinha 65 anos ou mais.
- Em 2050, esse número será de 24%, ou seja, quase 1 em cada 4 brasileiros será idoso.
- A idade média da população aumentou de 19 anos (1980) para 34 anos (2023) e chegará a 45 anos até 2050.
- Fonte: IBGE, ONU
*Com menos jovens entrando no mercado de trabalho e mais idosos dependendo do Estado, o sistema previdenciário e a economia entrarão em colapso.*
---
## Crescimento Lento e Crise Previdenciária
O declínio da população em idade produtiva trará queda na produtividade, estagnação do crescimento e aumento dos custos sociais.
### Encolhimento da Força de Trabalho
- Em 2020, havia 7 pessoas em idade ativa (15–64 anos) para cada idoso.
- Em 2050, essa proporção cairá para apenas 2,5 trabalhadores por aposentado.
- Fonte: IBGE, Banco Mundial
*Isso significa que menos pessoas estarão trabalhando e pagando impostos para sustentar a previdência e os serviços públicos.*
### Colapso do Sistema Previdenciário
- Em 2022, os gastos com previdência representavam 13% do PIB do Brasil.
- Sem reformas, esse valor pode chegar a 18% do PIB até 2050, tornando o sistema insustentável.
*O governo será forçado a aumentar impostos, cortar benefícios ou elevar a idade de aposentadoria—medidas impopulares que enfrentarão resistência política.*
### Crescimento Econômico Vai Despencar
- A taxa média de crescimento do PIB era de 4,5% ao ano nos anos 2000, mas caiu para apenas 1,2% ao ano entre 2013 e 2023.
- Com uma força de trabalho menor, o crescimento econômico de longo prazo ficará abaixo de 1% ao ano.
*O Brasil entrará em um ciclo de baixo crescimento econômico e estagnação, tornando-se menos atrativo para investidores.*
### **Queda no Investimento e Baixa Produtividade**
- A taxa de investimento do Brasil é de apenas 17% do PIB, muito abaixo da China (40%) e da Índia (30%).
- O crescimento da produtividade total dos fatores (PTF) está praticamente zerado desde os anos 1980.
- Fonte: OCDE, Banco Mundial
*Ou seja, o Brasil depende mais do crescimento populacional do que de ganhos de eficiência econômica—um modelo inviável com o encolhimento da força de trabalho.*
---
## Comparação Internacional: Brasil Está em Posição Pior
###
Japão e Coreia do Sul (Envelhecendo, Mas Produtivos)
- O Japão viu sua força de trabalho diminuir, mas compensou com alta produtividade e inovação tecnológica.
- PIB per capita do Japão: US$ 39.000 (2023) vs. Brasil: US$ 10.000.
- Fonte: Banco Mundial
*O Brasil não tem tecnologia, inovação nem uma economia avançada como o Japão, tornando sua situação mais grave.*
### China (Começando a Sofrer com o Envelhecimento)
- Taxa de fertilidade da China: 1,2 filhos por mulher (2023), ainda menor que a do Brasil.
- A população da China começou a encolher em 2022.
- O crescimento do PIB chinês caiu de 10% ao ano (2000) para 4% ao ano (2023) devido à queda da força de trabalho.
- Fonte: ONU
*Se até a China, com sua indústria forte, está sofrendo, o Brasil, com baixa produtividade e poucos investimentos, enfrentará um cenário muito pior.*
### Estados Unidos e Índia (Demograficamente Fortes)
- EUA: Fertilidade de 1,7 filhos por mulher (acima do Brasil) e 1 milhão de imigrantes por ano, sustentando o crescimento da força de trabalho.
- Índia: População jovem (idade média de 28 anos) e forte crescimento econômico.
- Fonte: ONU, Censo dos EUA
*Enquanto EUA e Índia continuarão crescendo, o Brasil envelhecerá sem soluções econômicas para compensar.*
---
## Por Que o Brasil Não Conseguirá Reagir
Mesmo que o Brasil reconheça o problema, o país carece dos meios para reverter a crise demográfica.
### Baixo Investimento em Tecnologia e Indústria
- O Brasil investe apenas 1,2% do PIB em P&D, enquanto a Coreia do Sul investe 4,8%.
- O crescimento da produtividade foi zero nas últimas duas décadas.
- Fonte: Banco Mundial, OCDE
*Sem investimentos em tecnologia e inovação, o Brasil não conseguirá substituir a perda de trabalhadores por automação e ganhos de eficiência.*
### Corrupção e Instabilidade Política
- O Brasil ocupa a 94ª posição no Índice de Percepção da Corrupção, dificultando reformas.
- Ranking de Facilidade para Fazer Negócios: 124º lugar (de 190 países).
- Fonte: Transparência Internacional, Banco Mundial
*A falta de reformas estruturais impedirá qualquer solução para a crise demográfica.*
---
## O Brasil Caminha para o Declínio
O bônus demográfico do Brasil acabou, e os efeitos serão devastadores. O país não tem produtividade, investimentos ou governança eficiente para lidar com o envelhecimento populacional.
Sem uma força de trabalho jovem, sem inovação tecnológica e com um sistema previdenciário insustentável, o Brasil enfrentará estagnação econômica e perda de competitividade global. *É impossível ser otimista sobre o futuro do Brasil.*
-
@ 17538dc2:71ed77c4
2025-01-14 15:52:00
Nassim Nicholas Taleb writes:
`“We cannot explain everything. We know more about what something is not than what something is. If there would have been no word for colour blue, it would still have existed in reality. It would only have been absent in linguistics. But since we don’t have a word for it, we couldn’t define or comprehend it. But we still could say what it is not. It is not orange. It’s not an elephant, etc. This method of knowledge is truer and more rigorous than positive knowledge.”`
In this article, I introduce practical examples of how to apply via negativa to various systems.
Recommended reading is [Antifragile](https://www.penguinrandomhouse.com/books/176227/antifragile-by-nassim-nicholas-taleb/) by N. N. Taleb.
The basic template is as follows:
## What is ____ **not**?
Let's start with something every human should be familiar with - food.
### Food
Take hot pockets. Is hot pockets food? ![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736867560126-YAKIHONNES3.png)
What is not food?
To answer this question, let's examine the contents of hot pockets.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736866761571-YAKIHONNES3.png)
There seem to be chemistry lab sounding ingredients ("MEDIUM CHAIN TRIGLYCERIES", "SODIUM STEAROYL LACTYLATE"), as well as food items that your great-great-great-great-great-great grandma cooked with ("SALT", "BEEF" etc.)
So What happens when we apply via negativa to the ingredients?
From 30 "ingredients" we deduce a couple foood items, or a ~90% reduction in "ingredients" by eliminating processed food slop.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736866954171-YAKIHONNES3.jpg)
meat good
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736866982033-YAKIHONNES3.jpeg)
bread yum
### Free Discourse
Take the social media platform X.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736869115142-YAKIHONNES3.png)
X consists of: leased identity, censored speech, and a tech platform for discourse. On the roadmap is social media score that will be used to determine if you can pay your bills when X launches its' bank.
What is free discourse not?
Removing the ingredient of WEF,
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736867076317-YAKIHONNES3.png)
KYC lease hell
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736867239912-YAKIHONNES3.png)
and censorship ![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736867133597-YAKIHONNES3.jpeg)
we receive nostr ![image](https://yakihonne.s3.ap-east-1.amazonaws.com/17538dc2a62769d09443f18c37cbe358fab5bbf981173542aa7c5ff171ed77c4/files/1736867181925-YAKIHONNES3.png).
[Nostr](https://fiatjaf.com/nostr.html), to my best understanding, is not a WEF globo-homo participant, does not lease identities, and it is that much more difficult to censor wrongspeak (e.g. Netanyahu and friends are commiting genocide, and wanted as war criminals; there are two genders; there is no climate crisis; Ivermectin works).
## Automobiles
Modern automobiles can be summed up in two words: "safety", and constant surveillance. Yes, advancements in safety are great - e.g. airbags, seatbelts, car frames that absorb impact energy.
However the "its for your safety" component of remote shutdown, remote control, location data selling to data brokers, insurance agents, and your local surveillance outfit is gulag tech.
!(image)[https://image.nostr.build/15befd30113614dad3fd7aac01b8771b95bd8ace9186ed4f8016eec6e886e969.jpg]
So what happens when we remove the gulag tech out of cars? That is, what is *not* a car?
Let's use the following definition of car:
```
A car, or an automobile, is a motor vehicle with wheels
```
Let's use the following definition of gulag:
```
The Gulag is recognized as a major instrument of political repression in the Soviet Union.
```
You get the [2024 Toyota Land Cruiser](https://youtu.be/5WHzKNi2ojY). No gulag. Airbags. Push and turn knobs. No spying, no remote control, no cameras, no satellite, no bluetooth, no wi-fi.
As an aside, it is practically impossible to import this car to the US. It's "for your safety", and "for the environment", of course.
!(image)[https://upload.wikimedia.org/wikipedia/commons/thumb/a/a1/Toyota_Land_Cruiser_16.09.20_JM_%283%29_%28cropped%29.jpg/800px-Toyota_Land_Cruiser_16.09.20_JM_%283%29_%28cropped%29.jpg]?20210328155727
Toyota Landcruiser HZJ-79 Double Cab, Johannes Maximilian `https://commons.wikimedia.org/wiki/File:Toyota_Land_Cruiser_16.09.20_JM_(3)_(cropped).jpg).`
Hopefully this guide has been helpful illustrating how simple and powerful it is to apply the Via Negativa approach.
Mr. Taleb, I commend you on speaking out on the Palestine genocide. I invite you to and hope one day you join anti-fragile nostr.
-
@ b8851a06:9b120ba1
2025-01-14 15:28:32
## **It Begins with a Click**
It starts with a click: *“Do you agree to our terms and conditions?”*\
You scroll, you click, you comply. A harmless act, right? But what if every click was a surrender? What if every "yes" was another link in the chain binding you to a life where freedom requires approval?
This is the age of permission. Every aspect of your life is mediated by gatekeepers. Governments demand forms, corporations demand clicks, and algorithms demand obedience. You’re free, of course, as long as you play by the rules. But who writes the rules? Who decides what’s allowed? Who owns your life?
---
## **Welcome to Digital Serfdom**
We once imagined the internet as a digital frontier—a vast, open space where ideas could flow freely and innovation would know no bounds. But instead of creating a decentralized utopia, we built a new feudal system.
- Your data? Owned by the lords of Big Tech.
- Your money? Controlled by banks and bureaucrats who can freeze it on a whim.
- Your thoughts? Filtered by algorithms that reward conformity and punish dissent.
The modern internet is a land of serfs and lords, and guess who’s doing the farming? You. Every time you agree to the terms, accept the permissions, or let an algorithm decide for you, you till the fields of a system designed to control, not liberate.
They don’t call it control, of course. They call it *“protection.”* They say, “We’re keeping you safe,” as they build a cage so big you can’t see the bars.
---
## **Freedom in Chains**
But let’s be honest: we’re not just victims of this system—we’re participants. We’ve traded freedom for convenience, sovereignty for security. It’s easier to click “I Agree” than to read the fine print. It’s easier to let someone else hold your money than to take responsibility for it yourself. It’s easier to live a life of quiet compliance than to risk the chaos of true independence.
We tell ourselves it’s no big deal. What’s one click? What’s one form? But the permissions pile up. The chains grow heavier. And one day, you wake up and realize you’re free to do exactly what the system allows—and nothing more.
---
## **The Great Unpermissioning**
It doesn’t have to be this way. You don’t need their approval. You don’t need their systems. You don’t need their permission.
The Great Unpermissioning is not a movement—it’s a mindset. It’s the refusal to accept a life mediated by gatekeepers. It’s the quiet rebellion of saying, *“No.”* It’s the realization that the freedom you seek won’t be granted—it must be reclaimed.
- **Stop asking.** Permission is their tool. Refusal is your weapon.
- **Start building.** Embrace tools that decentralize power: Bitcoin, encryption, open-source software, decentralized communication. Build systems they can’t control.
- **Stand firm.** They’ll tell you it’s dangerous. They’ll call you a radical. But remember: the most dangerous thing you can do is comply.
The path won’t be easy. Freedom never is. But it will be worth it.
---
## **The New Frontier**
The age of permission has turned us into digital serfs, but there’s a new frontier on the horizon. It’s a world where you control your money, your data, your decisions. It’s a world of encryption, anonymity, and sovereignty. It’s a world built not on permission but on principles.
This world won’t be given to you. You have to build it. You have to fight for it. And it starts with one simple act: refusing to comply.
---
## **A Final Word**
They promised us safety, but what they delivered was submission. The age of permission has enslaved us to the mundane, the monitored, and the mediocre. The Great Unpermissioning isn’t about tearing down the old world—it’s about walking away from it.
You don’t need to wait for their approval. You don’t need to ask for their permission. The freedom you’re looking for is already yours. Permission is their power—refusal is yours.
-
@ 554ab6fe:c6cbc27e
2025-01-14 15:26:51
We live in a world where the advances in modern medicine are heralded as achievements beyond our wildest dreams. Science is truly amazing and will continue to propel human life forward in tremendous ways. However, our journey as scientific healers is in its extreme infancy, and what we see as medicine today will be interpreted as primitive in the decades or centuries to come. I think there is already an aspect of medicine that is incredibly underrepresented, an aspect of human health that many still ignore; the recognition of the integral relationship between the body and mind.
Starting with my interest in the health benefits of mindfulness meditation, I have found that the body, its organs, and its systems are all incredibly interconnected to our mind and experience of consciousness. We often perceive each organ as separate and independent piece of our complicated “machine”, but this is far from the truth. For example, the gut affects the state of the mind, mental health translates into physical health, physical health translates back into mental health, etc. I tend to imagine the body as more of a soup, where everything is just a fluid flowing around, and a change in one area causes a ripple that influences everywhere else. Understanding the entire ecosystem, and how it functions to maintain balance, is at the heart of having true understanding of our own bodies, health, and how to obtain satisfaction in life. These ideas are rooted in core philosophies of eastern medicine, yet our western society often disregards these practices as pseudoscience and unfounded. As science matures, and more research is conducted, this naivety diminishes. It is my hope to share some scientific research that highlights how interconnected all the systems are, to explain the importance and scientific validly of holistic health. This article will provide a brief introduction to these topics. It will be the intent of this entire blog to further develop upon these ideas, as time continues to flow.
To begin, discussion of gut health, microbiota, and how it interacts with the brain is a sure way to articulate the beauty of our inner ecosystem. Many have heard the phrase “you are what you eat”. The cells from the food we consume become the cells that make our body, but this is an extreme oversimplification. Our gut is composed of more than just the organs and juices that process our food. It is also home to 300-500 bacterial species called microbiota (Quigley, 2010). These foreign species that live inside of us, come from the foods we eat, and they have a profound impact on our physical and mental health. A healthy colony of microbiota in our gut wall is essential for selectively allowing nutrients into our systems, while keeping other more harmful molecules such as pathogens out (Househam et al., 2017). Therefore, a healthy microbiota population has a severe impact on immune health. Additionally, microbiota, via the vagus nerve, may have influence over our dietary behavior (Alcock et al., 2014). For example, people who desire chocolate and those who are indifferent to it seem to have different microbiota (Rezzi et al., 2007). Other examples, from mice studies, have shown different mood styles depending on the food given (Bercik et al., 2011). Decreasing stress through probiotics (foods containing gut bacteria) in humans has also been achieved (Messaoudi et al., 2011). So, on top of affecting our immune health, our gut bacteria colony seems to affect our mind by both influencing what we want to eat and our mood. This is a clear example of how the body affects the mind. Not to mention, our mind obviously makes choices in what we eat. Therefore, our mind also affects our body. Hopefully this illustrates the cyclical nature of the influence our mind and body have on each other. Perhaps this also sparks interest in having more attention over our own diets. I know it has for me.
The gut is not the only body part to have this type of relationship with the mind; our heart does as well. The brain has dramatic influence over the heart. Our nervous system contains the autonomic nervous system, and within it are two branches: the sympathetic and parasympathetic nervous systems. The sympathetic nervous system induces the “fight or flight” response, which increases heart rate. The parasympathetic is the opposite and slows heart rate. The heart is continuously receiving signals from both branches and changes its pace accordingly (Armour, 1994). The cardiovascular system also has its own set of sensory neurons, so that it can regulate its pace on its own (Armour, 1994). It is a vital organ for life, and therefore must have robust communication back and forth between itself and the brain, to maintain proper functionality and harmony between the two major systems. This is in part why the heart and cardiovascular systems relay more information to the brain than any other organ in the body (Cameron, 2002). Additionally, this means that its influence over the brain is significant. It seems obvious that our emotional state can influence heart rate. When we get scared or nervous, our heart rate increases. This is something we have all experienced. However, heart rate not only represents our emotional states, but it can also determine them (Mccraty et al., 2009). Many of the afferent neurons sending signals from the heart to the brain innervate with the brain’s thalamus, hypothalamus, and amygdala, which all play a role in emotional processing (Mccraty et al., 2009). More evidence for this theory is found in research that shows panic is frequently generated after unrecognized cardiac arrhythmia (Mccraty et al., 2009). Not only does the mind influence the heart, but so does the heart influence the mind, likely in ways that we do not fully comprehend yet. Nonetheless, I hope it is becoming clear that our mind not only influences the activity of organs, but these organs also influence the mind and brain. Therefore, there seems to be a cyclical interaction and communication between our brain and body that is constantly at work. In which case, the brain is the body, and the body is the brain. It is one giant ecosystem influencing and reacting to itself.
A practice that seems to properly highlight the significance of the mind body relationship is meditation. Meditation can be thought of as both a physical and mental activity. It is mental in the sense that it involves a practice of processing all incoming thoughts, feelings, and emotions in a nonjudgmental way to learn to dereify thoughts (to learn that thoughts are not a part of reality)(Wielgosz et al., 2019). Additionally, it incorporates a physical aspect of breath work. Advanced meditators seem to commonly arrive at a calm breathing frequency of 8 breaths / minute (0.13Hz) (Cysarz & Büssing, 2005), suggesting that the process of meditation leads to certain breathing patterns. Of course, meditation can become even more physical within the practice that we commonly refer to as yoga, Tai Chi (太极), or Qi Gong (气功). These practices involve a certain orientation to the body and present moments that promote mindfulness.
The mental practice of mindfulness and meditation seem to lead to very healthy mental outcomes. For example, large meta-analysis studies have found that mindfulness-based practices lead to decreased ruminations, stress, anxiety (Greeson et al., 2018; Querstret et al., 2020). These poor mental habits are highly correlated to a wandering mind that is time traveling to the past and future. Mindfulness meditation is amazingly helpful in alleviating these psychological burdens by creating a practice of keeping the mind present. Furthermore, this field of practice not only affects the mind, but also the body. For example, there has been research to suggest that pranayama breathing may aid in the alleviation of asthmatic symptoms (Agnihotri et al., 2016; Jayawardena et al., 2020; Saxena & Saxena, 2009). The main theory behind how meditation leads to all the physical and mental benefits comes from the idea that meditation may increase vagus nerve tone. If this is true, then it has profound implications on the relationship between the mind and body. The vagus nerve is the longest nerve in the body (Bonaz et al., 2017), and is the main nerve for the parasympathetic nervous system. The activation of that nerve alters the state of most organs and systems throughout the body via promoting parasympathetic activity. Given our modern stressful lives, this is something our body is in dire need of. If the practice of meditation, which is largely mental, is truly capable of influencing the activation of this nerve, then the interplay between mind and body should be taken very seriously from a health care point of view. If science continues to promote this finding, then meditation could potentially be one of the most powerful ways we can promote health within ourselves.
Much of this blog will be devoted to the pursuit of the understanding of how the mind and body is related. How is the mind, our experience, and perception of world dictated by both our mental and physical habits? Additionally, how do physical habits influence the mind? Together, we can slowly learn how the body and mind work in a holistic manner, to gain more control over our health and well-being. I look forward to this journey of inquiry, and I hope you will join me on it.
References
Agnihotri, S., Kant, S., Mishra, S. K., & Singh, R. (2016). Efficacy of yoga in mild to moderate persistent chronic bronchial asthma. Indian Journal of Traditional Knowledge, 15(2), 337–340.
Alcock, J., Maley, C. C., & Aktipis, C. A. (2014). Is eating behavior manipulated by the gastrointestinal microbiota? Evolutionary pressures and potential mechanisms. BioEssays, 36(10), 940–949. https://doi.org/10.1002/bies.201400071
Armour, J. A. (1994). The role of peripheral autonomic neurons in cardiac regulation. Neurocardiology, 219–244. https://ci.nii.ac.jp/naid/10025731968
Bercik, P., Denou, E., Collins, J., Jackson, W., Lu, J., Jury, J., Deng, Y., Blennerhassett, P., MacRi, J., McCoy, K. D., Verdu, E. F., & Collins, S. M. (2011). The intestinal microbiota affect central levels of brain-derived neurotropic factor and behavior in mice. Gastroenterology, 141(2), 599–609. https://doi.org/10.1053/j.gastro.2011.04.052
Bonaz, B., Sinniger, V., & Pellissier, S. (2017). The vagus nerve in the neuro-immune axis: Implications in the pathology of the gastrointestinal tract. In Frontiers in Immunology (Vol. 8, Issue NOV, p. 1452). Frontiers Media S.A. https://doi.org/10.3389/fimmu.2017.01452
Cameron, O. G. (2002). Visceral Sensory Neuroscience: Interoception. In Oxford University Press. Oxford University Press.
Cysarz, D., & Büssing, A. (2005). Cardiorespiratory synchronization during Zen meditation. European Journal of Applied Physiology, 95(1), 88–95. https://doi.org/10.1007/s00421-005-1379-3
Greeson, J. M., Zarrin, H., Smoski, M. J., Brantley, J. G., Lynch, T. R., Webber, D. M., Hall, M. H., Suarez, E. C., & Wolever, R. Q. (2018). Mindfulness Meditation Targets Transdiagnostic Symptoms Implicated in Stress-Related Disorders: Understanding Relationships between Changes in Mindfulness, Sleep Quality, and Physical Symptoms. Evidence-Based Complementary and Alternative Medicine, 2018. https://doi.org/10.1155/2018/4505191
Househam, A. M., Christine, ;, Peterson, T., Mills, P. J., & Chopra, D. (2017). The Effects of Stress and Meditation on the Immune System, Human Microbiota, and Epigenetics.
Jayawardena, R., Ranasinghe, P., Ranawaka, H., Gamage, N., Dissanayake, D., & Misra, A. (2020). Exploring the therapeutic benefits of “Pranayama” (yogic breathing): A systematic review. International Journal of Yoga, 13(2), 99. https://doi.org/10.4103/ijoy.ijoy_37_19
Mccraty, R., Atkinson, M., Tomasino, D., & Bradley, R. T. (2009). The Coherent Heart Heart-Brain Interactions, Psychophysiological Coherence, and the Emergence of System-Wide Order. In REVIEW December (Vol. 5, Issue 2).
Messaoudi, M., Lalonde, R., Violle, N., Javelot, H., Desor, D., Nejdi, A., Bisson, J. F., Rougeot, C., Pichelin, M., Cazaubiel, M., & Cazaubiel, J. M. (2011). Assessment of psychotropic-like properties of a probiotic formulation (Lactobacillus helveticus R0052 and Bifidobacterium longum R0175) in rats and human subjects. British Journal of Nutrition, 105(5), 755–764. https://doi.org/10.1017/S0007114510004319
Querstret, D., Morison, L., Dickinson, S., Cropley, M., & John, M. (2020). Mindfulness-based stress reduction and mindfulness-based cognitive therapy for psychological health and well-being in nonclinical samples: A systematic review and meta-analysis. International Journal of Stress Management, 27(4), 394–411. https://doi.org/10.1037/str0000165
Quigley, E. M. M. (2010). Prebiotics and probiotics; modifying and mining the microbiota. In Pharmacological Research (Vol. 61, Issue 3, pp. 213–218). Academic Press. https://doi.org/10.1016/j.phrs.2010.01.004
Rezzi, S., Ramadan, Z., Martin, F. P. J., Fay, L. B., van Bladeren, P., Lindon, J. C., Nicholson, J. K., & Kochhar, S. (2007). Human metabolic phenotypes link directly to specific dietary preferences in healthy individuals. Journal of Proteome Research, 6(11), 4469–4477. https://doi.org/10.1021/pr070431h
Saxena, T., & Saxena, M. (2009). The effect of various breathing exercises (pranayama) in patients with bronchial asthma of mild to moderate severity. International Journal of Yoga, 2(1), 22. https://doi.org/10.4103/0973-6131.53838
Wielgosz, J., Goldberg, S. B., Kral, T. R. A., Dunne, J. D., & Davidson, R. J. (2019). Mindfulness Meditation and Psychopathology. Annual Review of Clinical Psychology, 15(1), 285–316. https://doi.org/10.1146/annurev-clinpsy-021815-093423
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2025-01-14 13:15:50
## **Warum Trump?**
 
**Die hierzulande völlig falsch vorhergesagten Ergebnisse bei der US-Wahl sowie die Regierungskrise in Deutschland** **stellt viele Menschen vor die Frage: wohin bewegen wir uns, was ist auf dieser Welt eigentlich los? Die Medien verlieren in nie gekanntem Ausmaß an Vertrauen und auch die Politiker können den Bürgern die Welt nicht mehr erklären, geschweige denn glaubhafte Lösungen aufzeigen.** Wie konnte es so weit kommen? Und wie kommen wir wieder dazu, miteinander zu reden und um Lösungen zu ringen anstatt die jeweils andere Seite zu verleumden und zu diskreditieren?
Dieser Artikel beleuchtet die Situation aus der *Perspektive von Werteebenen und Weltbildern*. Ganz entscheidend dafür sind die Biografie und das Wertesystem der Menschen. Der amerikanische Wissenschaftler Clare Graves hat in den 80er Jahren diese unterschiedlichen Ebenen erstmals beschrieben und ein Modell dazu entwickelt (‹[S*piral Dynamics*](https://en.wikipedia.org/wiki/Spiral_Dynamics)*›*, auch Bestandteil der *Integralen Theorie* von Ken Wilber). Das Modell beschreibt, wie sich Menschen und Gesellschaften im Lauf ihrer Entwicklung auf unterschiedlichen Werteebenen bewegen und wie eine Gruppe die andere kaum verstehen kann. Und hier liegt die Problematik unserer Gesellschaften: in den USA (ebenso wie in Europa) haben wir es parallel mit *drei sehr unterschiedlichen Wertesystemen und Weltbildern* zu tun, die sich heute immer stärker voneinander abgrenzen.
Die aktuell erlebten drei Ebenen sind (in knapper Darstellung):
**Die Ebene ‹Ordnung, Recht und Gesetz›**: Das Wichtigste ist, dass das Zusammenleben der Menschen durch einen klaren Ordnungsrahmen bestimmt wird. Fehlverhalten wird konsequent geahndet. Der Einzelne fühlt sich sicher, gemeinsam ist man stark. Die Freiheit des Einzelnen ist innerhalb des Rahmens von Gesetz und Ordnung garantiert. Das gemeinsam Erreichte ist wichtiger als das unbekannte Neue. Religion und Tradition spielen eine wichtige Rolle (politisch: rechts-konservativ).
**Die Ebene ‹anything goes›**: Jeder ist seines Glückes Schmied, jeder kann erfolgreich sein, wenn er sich nur genügend anstrengt. Wettbewerb zwischen Menschen und Unternehmen prägt Wirtschaft und Gesellschaft; persönlicher Erfolg, Effizienz und Leistung sind treibende Kräfte, Selbstoptimierung wird zur Pflichtübung für viele. Technische Erfindungen erleichtern und verändern unser Leben, wirken sich aber auch auf das Ökosystem und den Planten aus. Religion und Tradition werden zu Gunsten der Wissenschaft getauscht (politisch: (neo-)liberal)
**Die Ebene des ‹Pluralismus›**: Jeder und alles wird akzeptiert und hat ein Recht darauf, sein ‹Ding› zu leben. Der Einzelne übernimmt größere Verantwortung für sein Tun im Hinblick auf die Umwelt, Randgruppen, Ethik. Konsens geht vor Diskurs, Gefühle sind wichtiger als Rationalität. Gesetze und Struktur (z. B. Ländergrenzen) sind **‹old school**›, denn keiner möchte sich etwas vorschreiben lassen und wenn alle Menschen gleich sind, so braucht es keine Länder mehr. Es gibt *keine absolute Wahrheit*, jeder hat mit seiner eigenen (gefühlten) Wahrheit grundsätzlich recht. Man erlebt sich als moralisch höherstehend, *Political Correctness* oder *Wokeness* werden zu einer Art Religion (politisch: links-grün, Identitätspolitik).
(Durch die Zuwanderung existieren noch weitere Ebenen, vor allem die Stammesebene mit dem *Wert der Ehre* an oberster Stelle, doch dies wird hier nicht weiter ausgeführt).
So lange keine Existenzängste, keine Bedrohung von innen oder außen und keine größere Krise drohten konnten diese Ebenen zumeist gut nebeneinander existieren. Heute allerdings, da die scheinbaren und realen Bedrohungsszenarien permanent wachsen, prallen die unterschiedlichen Werte bei Wahlen, Parteiprogrammen und in den Medien mit Wucht aufeinander. Verstärkt wird die Problematik dadurch, dass sich die Anhänger des Pluralismus auf einer höheren moralischen Ebene wähnen, was sie scheinbar berechtigt, mit den anderen jeden Dialog verweigern. Hierbei erleben wir einen fundamentalen Widerspruch, denn während die Ebene des Pluralismus einerseits behauptet, dass es *keine absoluten Wahrheiten gibt, halten sie gleichzeitig ihr eigenes Weltbild und ihre Werte für unumstößlich wahr*. Dieser Widerspruch wird allerdings nicht bemerkt und macht Diskussionen deshalb umso schwieriger bis unmöglich. Während vor gut 100 Jahren die Verantwortungsmoral wesentlich höher gewichtet wurde als die Gesinnungsmoral hat sich dieses Verhältnis heute radikal verkehrt.
Der US-Wahlkampf seitens der ‹Demokraten› hat auch gezeigt, wie Menschen mit anderen Werten von den sogenannten Eliten verachtet werden. Sie wurden als *Abgehängte*, \*\*‹\*\**Basket of deplorables›* (Hillary Clinton) oder *‹Müll›* (Biden) bezeichnet. Dabei sind es genau diese Menschen, die durch ihre Arbeit die Versorgung des Landes sicherstellen. Trump hat die unnachahmliche Fähigkeit, diese Menschen anzusprechen und ihnen ein Gefühl der Akzeptanz und Wertschätzung zu geben, obwohl er Milliardär ist. Gerade bei jungen Männern konnte er punkten, da diese die permanenten Beleidigungen durch die *Woken* (‹toxische› Männlichkeit) und deren Umerziehungsversuche leid sind.
Das Modell der Werteebenen, *Spiral Dynamics*, kennt allerdings noch eine weitere Entwicklung, die *Integrale Ebene*, die auch in der Integralen Theorie von Ken Wilber eine bedeutsame Rolle spielt. Sie ist diejenige Ebene, der es gelingt, die jeweilige Berechtigung der anderen Ebenen zu erkennen. So ist *‹Ordnung, Recht und Gesetz›* dafür zuständig, das Bedürfnis der Menschen nach *Sicherheit* zu erfüllen. Sicherheit, genug zu essen zu haben, ein Dach über dem Kopf, eine verfügbare und bezahlbare Gesundheitsversorgung und natürlich körperliche Sicherheit, d. h. möglichst keinen Angriffen ausgesetzt zu werden. Die Ebene *‹anything goes›* erfüllt das Bedürfnis nach Individualität, nach persönlicher Freiheit, nach Unabhängigkeit von Institutionen und kirchlichen Vorschriften. Sie ermöglichte die großen Erfindungen, das enorme Wachstum des Wohlstands, aber auch der Ausbeutung des Planeten. Der Pluralismus erfüllt unser Bedürfnis nach Kooperation, nach größerer Verantwortung für Natur und Umwelt sowie nach Gleichberechtigung (nicht: Gleichstellung).
Problematisch dabei ist, dass jede Ebene die anderen ablehnt, entweder, weil sie nicht verstanden oder für bereits überwunden gehalten werden. Dabei hat jede – wie beschrieben – ihre Berechtigung. Erst die *Integrale Ebene* erkennt dies und kann die jeweiligen Werte *wert*schätzen. Dazu kommt, dass sich hier eine neue Spiritualität entwickeln kann, die ein Bewusstseinswachstum mit sich bringt. Weg von den institutionalisierten Kirchen, hin zu einer individuellen Suche und Erkenntnis. Denn gerade die *anything-goes-Ebene* hat mit ihrem Konzept von Wissenschaft den GEIST aus der Materie verbannt, was letztlich auch zu dem überbordenden Materialismus geführt hat, den wir seit den 60er-Jahren beobachten können.
*Spiral Dynamics* beschreibt diese Werteebenen als Antworten von Gesellschaften auf die herrschenden Umweltbedingungen. Während der überwiegenden Zeit der Menschheitsgeschichte waren Gesellschaften hinsichtlich ihrer Werte homogen. Der Übergang von einer zur anderen Ebene dauerte mehrere Generationen. Heute haben wir *erstmals in der Geschichte* die Situation, dass drei und mehr Ebenen gleichzeitig innerhalb einer Gesellschaft existieren. Dies erklärt anschaulich, woher das fundamentale Nichtverstehen ganzer Bevölkerungsgruppen herrührt. Der Übergang von einer Ebene zur nächsten kann nicht erzwungen werden, er erfolgt auf Grund der persönlichen Lebensumgebung. Das erklärt zum Beispiel die Unterschiede zwischen Stadt und Land, zwischen den Generationen oder Studenten aus bestimmten Fachrichtungen verglichen mit Menschen aus produzierenden Berufen. Dazu kommt, dass niemand ausschließlich in einer einzigen Werteeben zuhause ist, vielmehr gibt es Überschneidungen. Kommt es jedoch zu kritischen Situationen, so sucht man diejenige Ebene auf, die die größte Sicherheit verspricht.
In der Politik kommt noch eine besondere Zutat hinzu: *der unbedingte Wille zur Macht*. Das Ergebnis ist eine fundamentale Spaltung der Gesellschaft, wie in den USA zwischen Trump- und Harris-Anhängern zu beobachten oder in Deutschland, Österreich, Frankreich, Holland u. a. Ländern zwischen Anhängern linker und rechter Parteien. Die Anhänger des anderen Lagers sind dann wahlweise gefährliche Idioten, linksgrün versifft, Populisten, Rassisten oder gleich Nazis.
**Der Spaltpilz besteht aus dem Unverständnis (und der Nicht-Akzeptanz) für andere Menschen und deren Weltverständnis, gepaart mit dem Machtwillen der Politiker.**
Problematisch im ‹Wertewesten› ist fast überall die mediale Berichterstattung, die das Werteverständnis von *deutlich weniger als 50% der Bevölkerung* zur Grundlage hat, da sie primär durch Menschen erfolgt, die sich als *Pluralisten* sehen (politisch links-grün). Statt möglichst objektiv zu berichten haben sie den Anspruch, auf den anderen, größeren Teil der Bevölkerung *erzieherisch einzuwirken*. Doch die großen Medienhäuser sind heute keine Gatekeeper mehr. Schon seit Jahren haben sie nicht mehr die Hoheit darüber, was die Menschen in welcher Form und mit welcher Interpretation erfahren sollen. Das Internet hat hier etwas fundamental Neues bewirkt: die Empfänger konnten erstmals zu Sendern werden! Einzelne (Joe Rogan, Tucker Carlson), Gruppen, alternative Medien bauten sich Reichweiten auf, mit welchen sie zu den Etablierten direkt in Wettbewerb treten. Und oft sogar eine höhere Glaubwürdigkeit genießen.
Damit ist *erstmals seit Menschengedenken* das Meinungs- und Interpretationsmonopol der Mächtigen in großem Stil durchbrochen. Die Angst der Eliten kann man täglich beobachten, wenn die neu geschaffenen Zensurgesetze gegen unliebsame Meinungen zum Einsatz kommen (Digital Service Act). Hier spielt die EU eine Vorreiterrolle und Deutschland meldet mit Abstand die meisten Fälle von ‹Hass und Hetze› an die Meldestellen. Dies wird noch viel massivere Formen annehmen, siehe die EU-Gesetzgebung, die ‹Trusted Flagger› oder zum Beispiel die Verhaftung des telegram Gründers Pavel Durov zur Erpressung der Zusammenarbeit. Eine Gegenbewegung im Sinne freier Meinungsäußerung stellt dagegen X.com (twitter) dar, weshalb Elon Musk für einige nun zum [Staatsfeind Nr. 2](https://www.spiegel.de/wirtschaft/unternehmen/elon-musk-staatsfeind-nummer-zwei-a-19071f99-5099-4e2a-aa87-c7a17ab9c046) (nach Trump) ‹aufstieg›, s. Spiegel. Der Wahlausgang in den USA gibt Anlass zur Hoffnung, dass die Zensurpolitik künftig nicht weiter verschärft werden wird.
**Die Menschen wehren sich**
Die größten politischen Schockereignisse im letzten Jahrzehnt waren die Wahl Trumps 2016 und nun erneut 2024 sowie der Brexit (Abstimmung 2016). Wie konnte es dazu kommen, obwohl nach übereinstimmenden Analysen 90% der Medien für die [Gegenseite](https://de.statista.com/infografik/9524/tenor-der-berichterstattung-ueber-donald-trump/) geschrieben und gesendet hatten? Die hier beschriebenen Zusammenhänge machen klar, dass ein immer größer werdender Teil der Bevölkerung Medien und Politik von ihrer Lebenswirklichkeit abgekoppelt erleben, deren Ziele kaum noch Gemeinsamkeiten haben mit den Bedürfnissen großer Teile der Gesellschaft. Eine bittere Desillusionierung ist die Folge: die Erkenntnis, dass die Demokratie aufgehört hat zu funktionieren und durch eine Oligarchie abgelöst wurde (laut [Studie der Princeton University](https://talkingpointsmemo.com/livewire/princeton-experts-say-us-no-longer-democracy) für die USA). Die immer größere Schere zwischen den superreichen 0,1 Prozent und dem Rest vertiefen bei den Wählern den Graben zu ‹denen in Washington› oder ‹denen in Berlin›. Und deshalb entschieden sich nun in den USA zig Millionen Menschen dafür, auf keinen Fall ein ‹Weiter-so‹ zu wählen. Und Trump war damals geschickt und ist es heute wieder: er verspricht Stärke, Sicherheit, ‹Make America great again›. Also Werte aus der Ebene ‹*Ordnung, Recht und Gesetz*›: wirtschaftlichen Aufschwung, weniger Immigranten, das Recht auf Waffenbesitz. Aber auch Menschen, die ihre Individualität schätzen wählten Trump, denn er verspricht – zusammen mit Elon Musk – weniger Zensur, technische Innovationen, volle Akzeptanz von Bitcoin. Werte aus der Ebene ‹anything-goes›. Damit erreicht er die Mehrheit der Menschen aus zwei Ebenen, während Harris mit den Schwerpunkten Identitätspolitik, Weiter-so und Wokismus nur eine der drei Ebenen erreichen konnte.
![1.00](https://route96.pareto.space/bc5d36d30024b0c8008f55ed943eae37e48c74c4da3565b031a3d0a130eb4696.webp)
**Und in Deutschland?**
In Deutschland existieren ebenfalls die beschriebenen drei Werteebenen. Und gleichzeitig gibt es große Unterschiede zu den USA. Das Nummer-eins-Ziel der USA ist es *die größte Nation der Welt zu sein* und damit implizit alles zu tun, um diesen Status aufrecht zu erhalten. Das betrifft die Geopolitik, das Militär, das Finanzwesen, die Kulturproduktion, die Digitalindustrie, die Medien. Das ist so ziemlich das Gegenteil deutschen innen- und außenpolitischen Verständnisses. Und wo in den USA das Prinzip des ‹the winner gets it all› dominiert, gab es in Deutschland lange Zeit die weitgehend gut funktionierende Soziale Markwirtschaft. Ein weiterer großer Unterschied: während in den USA lange Zeit die *Linken* die Erzfeinde der Nation waren („alles Kommunisten“) und es nach *rechts* kaum Grenzen gibt ist es in Deutschland exakt umgekehrt. Durch Instrumentalisierung der historischen Schuld wird alles, was nur im Entferntesten als *national* bezeichnet werden könnte, in die Verdammnis *rechts=Nazi* geworfen. Damit wird nationales Eigeninteresse, das für jede Regierung handlungsleitend sein sollte, in die no-go Area verschoben!
Diese politische No-go Area in Deutschland liegt nun aber genau in den *Werteebenen großer Bevölkerungsteile*. Und hier zeigt sich die aktuelle Problematik: Statt dass verschiedene politische Richtungen im echten Diskurs um die beste Lösung feilschen, besteht die Taktik ausschließlich darin, das verminte Gebiet des *Nicht-Diskutierbaren* ([Overton Window](https://www.zerohedge.com/political/overton-window-shift-towards-liberty")) immer weiter auszudehnen. Kampfbegriffe wie\*\*\*\* *Populisten*, *‹Rechte›* (was ja eine weit verbreitete\*\*\*\* und notwendige politische Richtung darstellt, jedenfalls in allen anderen demokratischen Ländern) oder sogar *‹Nazi›* führen dazu, dass **kein einziges Thema – und sei es noch so wichtig – auf der Sachebene diskutiert werden kann.**
Die Betrachtung der Werteebenen stellt natürlich nur einen Ausschnitt dar aus der komplexen gesellschaftlichen und politischen Realität. Dennoch vermag sie zu mehr Verständnis der aktuellen Verhältnisse verhelfen. Was hier nicht betrachtet wurde ist die Ausbeutung der Bedürfnisse von Menschen speziell aus der Gruppe *Pluralismus*. Ihr Wunsch nach Gleichberechtigung und Schutz von Umwelt und Klima wird von sehr mächtigen Gruppen und Personen dazu missbraucht, bestimmte Themen voranzutreiben (Abschaffung von: Nationen, Geschlechtsidentität, Heimatbezug, gemeinsamer Kultur u. a.), unter Einsatz extremer Manipulationstechniken. Dazu mehr in einem eigenen Beitrag.
*Die Wahl Trumps wird die Deutungshoheit der Staats- und Konzernmedien weiter schwächen*. In den USA vertrauen ihnen weniger als [30% der Menschen](https://www.zerohedge.com/political/great-news-americans-trust-mass-media-hits-all-time-low), in Deutschland noch immerhin [knapp die Hälfte](https://reutersinstitute.politics.ox.ac.uk/digital-news-report/2024/germany). Doch was hilft uns diese Erkenntnis? Viel interessanter ist die Frage, was jeder einzelne tun kann in dieser verfahrenen Situation. **Wie können wir daran mitwirken, dass die Gräben nicht tiefer, die Verachtung für die jeweils andere Seite nicht größer wird?**
Dieser Beitrag erschien ebenfalls bei Radio München >> [hier anhören](https://www.radiomuenchen.net/de/podcast-archiv/sendeformate/2014-10-28-15-17-59/2747-werte-warum-trum-von-thomas-eisinger.html?highlight=WyJlaXNpbmdlciJd)
Oder direkt hier:
[https://soundcloud.com/radiomuenchen/werte-warum-trump-von-thomas-eisinger](https://soundcloud.com/radiomuenchen/werte-warum-trump-von-thomas-eisinger?utm_source=clipboard\&utm_medium=text\&utm_campaign=social_sharing)
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@ b6424601:a11e4ff4
2025-01-14 03:08:09
In a world where homes are increasingly valued by their size and room types rather than their functionality and authenticity, it's time to rethink how we design and build houses. [A Pattern Language](https://www.patternlanguage.com/bookstore/pattern-language.html), written by Christopher Alexander in 1977, offers a timeless approach to architecture that prioritizes human needs and experiences. Architects and homeowners can use this classic work as a pre-fiat reference to learn about principles to create functional, authentic, and meaningful homes. The principles can be used to create homes that are worth HODLing.
How would your grandmother use this space? [Muir,](https://muirstewart.com/) my favorite Scottish professor in architecture school, asked this question. Besides, have you boys ever seen a pint of Guinness Stout? In Alabama in the last century, a pint of Guinness did not exist, and the idea of writing your name in the head with a fountain pen to see it at the bottom of the glass was even before our time.
Planning spaces for how your grandmother used them sent us at Jones Pierce down the
rabbit hole of designing for humans and not the current fashions of that day. This led my
baby architect tribe to A Pattern Language, written in 1977, and [A Timeless Way of Building,](https://en.wikipedia.org/wiki/The_Timeless_Way_of_Building)
written by Christopher Alexander in 1979. Alexander and graduate students researched and
documented their projects over eight years to create Patterns that individuals and groups
could use as a shared pattern language to design for themselves and their communities.
A Pattern Language and the Timeless Way of Building were open source before there was
open source. The books outline a process meant to be used by the people and groups
designing their own spaces utilizing a collection of shared patterns combined to solve the
design problem of their site, built for their unique needs.
Now, I look back and wonder if the book's conception to enable people to design their own authentic spaces, neighborhoods, and towns was the self-design guide it was intended for or if it was a reaction to inflation that began to kick in in the early 70s. Were Alexander and the crew trying to provide a lifeline as housing products decreased in quality? You know how architects are…they probably thought the layperson did not know how to build meaningful spaces. Maybe when the erosion of fiat currency started, it was not allowing people to consider affording meaningful space.
To prepare for the coming time when hard assets will once again enable people to build
authentic architecture, it is worth reconsidering the Patterns used from a time before fiat.
Interestingly, Pattern Language and the Timeless Way process use patterns to create
personal architecture based on sound money. Structures are designed mindfully,
developed organically, and built to last. In other words, *architecture on a bitcoin standard*.
From my own professional experience working with clients, I have seen that, given a choice, people always choose the most interesting space that best aligns with their needs in the best community they want to afford. The patterns for design (from Pattern Language) are still relevant as a starting point to build with hard money assets again - bitcoin. These patterns are baked into our process of working with clients at Jones Pierce, and I want to share some of the relevant patterns from the book with my commentary on how they have evolved from the 70s until today to create homes worth HODLing.
**Patterns for the Site**
Analyzing the site and site patterns is the most critical first step for homes worth HODLing. We want to end the practice of "ready, aim, fire" - when the builder makes their well-considered opening move by calling the Grading Guy to clear a building site. Features came with your property as part of the price of the land; take a breath and figure out how to capture the most potential of your property to create a building site. These are some of the patterns essential to us:
*104: Site repair* – Locate building sites on parts of the land in the worst conditions, not the
best. Be a contrarian and locate a house on the edge of a flat spot to create quality outdoor
spaces the house can open to.
*105: South facing outdoors* – Locate buildings in a place to allow indoor/ outdoor transitions to happen to the south. If south is not possible, East works for morning outdoor spaces, and west works for afternoon spaces if you can protect the outdoor spaces from the heat.
*112: Entrance transitions* – In The Pattern Language, this pattern is about an urban entrance oƯ the street into the building. We apply the pattern to capture the total use of properties. Define the entrance to the property to visually claim the space to use the entire front yard for your benefit and not just the HOA's.
*134: Zen view* - Analyze the site for Zen view potential to orient windows and spaces to connect space beyond the house's walls visually. This pattern works well with site lighting to extend your night view beyond the window's glass. On more significant sites, we analyze for opinions and work out places to capture the money shot for essential rooms. We also think about creating smaller Zen-view moments that happen continuously while living in the house. Why not make a surprise view through a slot window when brushing your teeth?
*168: Plan to connect buildings to the earth*—Use paths and gardens throughout the building to blur the line between the future building and gardens. To accomplish this blur, we study the site topography to ensure that the construction will not create an oversized kill zone caused by grading a house in the wrong spot.
*177: Vegetable garden* – 1/40 acre per person for food production. It is even better when combined with *169 terraced slopes*, *170 fruit trees, 173 garden walls, 175 greenhouses,* and *178 compost.* When designing a custom home, the design thoughts extend to the property line. We like landscapes that have classic landscape organization with food production. Make your house a homestead to prepare for [The Mandibles, A Family, 2029 - 2047](https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X) scenario if times get tough, or provide nutrient-dense food for your loved ones.
**Patterns for the Building**
We are attracted to patterns that provide a return on investment beyond money. How does a house footprint create outdoor space, have a rational roof plan, and let in natural light? Do the rooms function by following the sun around the house during the day? Can we use design to create a place to work, recover, entertain, and retreat? How can a house design allow an owner to transition through life phases in the same house? Can we save space and cost by function stacking to use the same space more than one way? Is there an opportunity to create rental income or a place to work on side gigs to convert more fiat to BTC? The following are some patterns we think about:
*106: Positive outdoor space* - Use wings pattern 107 of light to create an L-shaped positive
outdoor space. Designing homes that make outdoor spaces contrasts with building a
square-shaped plan with a roof that does not relate to the plan we call a PILE… a pile of
excrement, typically.
*128: Indoor sunlight*—Morning beds, breakfast nook, kitchen, family and garden spaces, mid-day living spaces, and evening living, dining, and porch spaces.
*136: Couples Realm*—Provide adult spaces away from kids' noise and access. Include a bed, sitting area, and dressing space in the Couple's realm.
*141: A room of one's own*—Everyone in the house needs a personal space, such as an alcove, nook, or room. This is not on the appraisal sheet to determine value, but we ensure everyone, including kids, pets, and outside help, has a place to call their own.
*143: Children's bed clusters* – Clustering beds happen for us in lake houses to let smaller houses sleep more guests. In a non-fiat house design, they can be a great way to save space if there is no bank to tell you there should be a certain number of bedrooms. Your kids may even grow to like each other by sharing a space.
*146: Flexible workspace* – The patterns provided flexible workspace for working, which you could use for other uses when not working. For us, the pattern evolved to an idea of function stacking to provide additional uses. Space is expensive; use it twice.
*153: Rooms to rent* – This is a function of asset architecture. Make some parts of the building rentable with outside entrances so the use of the space works flexibly either in the entire house or rentable. These spaces are also flexible, allowing uses for rentable accessory dwelling units (ADU), a teenager's cottage, boomerang kids, or multigenerational housing.
*157: Maker's space* – Make a place in the home where hobbies and side gigs happen. Give the workshop a few hundred square feet off the street for owners to hang their shingles or rent to others. Some of our clients are first building “barndominiumns” to stage for construction and live on-site as construction on the main house happens. These spaces can become workspaces for personal use or rent after construction.
*159: Light* – Light on two sides of every room. Some houses feel right when you walk in. We contend these spaces have windows on at least two walls.
*163: Outdoor rooms*—Plan spaces beyond the building footprint to allow functions to flow indoors and outdoors.
*181: The fire* – There is no substitute for places where fire and gathering happen, inside or out.
*203: Child caves*—We like to create toy caves that become play spaces for young kids, trapping toys in the space rather than the living room. Adult caves are root cellars, wine cellars, or basement golf simulators.
*204: Secret places*—The original pattern references a hidden place for precious objects and family history. We use this space for storm shelters, safe rooms, gun safes, and areas where precious stuff like your hardware wallet is hidden.
**In Conclusion**
Our architectural firm has stayed in touch with how quality homes are designed without fiat because our clients are older and mostly pay for projects with assets or cash. Our clients come to us as architects to help provide a non-cookie-cutter housing solution and are willing to pay for it, which we call architecture.
Bitcoin may offer the opportunity for more people to build quality personal architecture backed by a sound money standard who can think longer term beyond the initial construction or sales price. More authentic architecture happened before fiat currency began, and the values were accepted when building with fiat. The values of the person on a personal BTC standard who wants or even needs to make a home to live in will wish for their home to be the best asset they can build to hold long-term value.
We need to rethink house value to prepare for the opportunity to build with hard currency. The degrading products of the 50 years of fiat building may not be worth holding, nor store value on a bitcoin standard when we remove housing’s monetary premium. Architects can study past resources, like A Pattern Language, to help ourselves and clients remember what was important before fiat. In addition, we can develop new patterns to enhance the high-value design further.
We chose clients willing to consider the house's total cost over time, not just the construction cost. We want clients to understand the opportunity that a well-considered home and spaces around the home can do for the quality of our lives, the people who will live in and experience the architecture for a long time, and the people who get to help create it.
Our firm is working on organizing our process to service bitcoiners with less friction. We are creating a sister company to our 25-year-old firm focused on service products to help more people have a personal architecture in their lives. Our new company will operate on a Bitcoin standard to walk the walk so that we can compare the operation to our existing company. We believe the world is better when more people build things for the right reasons. We accept the mission to focus our work on creating houses worth HODLing.
Bryan
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@ 6389be64:ef439d32
2025-01-14 01:31:12
Bitcoin is more than money, more than an asset, and more than a store of value. Bitcoin is a Prime Mover, an enabler and it ignites imaginations. It certainly fueled an idea in my mind. The idea integrates sensors, computational prowess, actuated machinery, power conversion, and electronic communications to form an autonomous, machined creature roaming forests and harvesting the most widespread and least energy-dense fuel source available. I call it the Forest Walker and it eats wood, and mines Bitcoin.
I know what you're thinking. Why not just put Bitcoin mining rigs where they belong: in a hosted facility sporting electricity from energy-dense fuels like natural gas, climate-controlled with excellent data piping in and out? Why go to all the trouble building a robot that digests wood creating flammable gasses fueling an engine to run a generator powering Bitcoin miners? It's all about synergy.
Bitcoin mining enables the realization of multiple, seemingly unrelated, yet useful activities. Activities considered un-profitable if not for Bitcoin as the Prime Mover. This is much more than simply mining the greatest asset ever conceived by humankind. It’s about the power of synergy, which Bitcoin plays only one of many roles. The synergy created by this system can stabilize forests' fire ecology while generating multiple income streams. That’s the realistic goal here and requires a brief history of American Forest management before continuing.
# Smokey The Bear
In 1944, the Smokey Bear Wildfire Prevention Campaign began in the United States. “Only YOU can prevent forest fires” remains the refrain of the Ad Council’s longest running campaign. The Ad Council is a U.S. non-profit set up by the American Association of Advertising Agencies and the Association of National Advertisers in 1942. It would seem that the U.S. Department of the Interior was concerned about pesky forest fires and wanted them to stop. So, alongside a national policy of extreme fire suppression they enlisted the entire U.S. population to get onboard via the Ad Council and it worked. Forest fires were almost obliterated and everyone was happy, right? Wrong.
Smokey is a fantastically successful bear so forest fires became so few for so long that the fuel load - dead wood - in forests has become very heavy. So heavy that when a fire happens (and they always happen) it destroys everything in its path because the more fuel there is the hotter that fire becomes. Trees, bushes, shrubs, and all other plant life cannot escape destruction (not to mention homes and businesses). The soil microbiology doesn’t escape either as it is burned away even in deeper soils. To add insult to injury, hydrophobic waxy residues condense on the soil surface, forcing water to travel over the ground rather than through it eroding forest soils. Good job, Smokey. Well done, Sir!
Most terrestrial ecologies are “fire ecologies”. Fire is a part of these systems’ fuel load and pest management. Before we pretended to “manage” millions of acres of forest, fires raged over the world, rarely damaging forests. The fuel load was always too light to generate fires hot enough to moonscape mountainsides. Fires simply burned off the minor amounts of fuel accumulated since the fire before. The lighter heat, smoke, and other combustion gasses suppressed pests, keeping them in check and the smoke condensed into a plant growth accelerant called wood vinegar, not a waxy cap on the soil. These fires also cleared out weak undergrowth, cycled minerals, and thinned the forest canopy, allowing sunlight to penetrate to the forest floor. Without a fire’s heat, many pine tree species can’t sow their seed. The heat is required to open the cones (the seed bearing structure) of Spruce, Cypress, Sequoia, Jack Pine, Lodgepole Pine and many more. Without fire forests can’t have babies. The idea was to protect the forests, and it isn't working.
So, in a world of fire, what does an ally look like and what does it do?
# Meet The Forest Walker
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817510192-YAKIHONNES3.png)
For the Forest Walker to work as a mobile, autonomous unit, a solid platform that can carry several hundred pounds is required. It so happens this chassis already exists but shelved.
Introducing the Legged Squad Support System (LS3). A joint project between Boston Dynamics, DARPA, and the United States Marine Corps, the quadrupedal robot is the size of a cow, can carry 400 pounds (180 kg) of equipment, negotiate challenging terrain, and operate for 24 hours before needing to refuel. Yes, it had an engine. Abandoned in 2015, the thing was too noisy for military deployment and maintenance "under fire" is never a high-quality idea. However, we can rebuild it to act as a platform for the Forest Walker; albeit with serious alterations. It would need to be bigger, probably. Carry more weight? Definitely. Maybe replace structural metal with carbon fiber and redesign much as 3D printable parts for more effective maintenance.
The original system has a top operational speed of 8 miles per hour. For our purposes, it only needs to move about as fast as a grazing ruminant. Without the hammering vibrations of galloping into battle, shocks of exploding mortars, and drunken soldiers playing "Wrangler of Steel Machines", time between failures should be much longer and the overall energy consumption much lower. The LS3 is a solid platform to build upon. Now it just needs to be pulled out of the mothballs, and completely refitted with outboard equipment.
# The Small Branch Chipper
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817558159-YAKIHONNES3.png)
When I say “Forest fuel load” I mean the dead, carbon containing litter on the forest floor. Duff (leaves), fine-woody debris (small branches), and coarse woody debris (logs) are the fuel that feeds forest fires. Walk through any forest in the United States today and you will see quite a lot of these materials. Too much, as I have described. Some of these fuel loads can be 8 tons per acre in pine and hardwood forests and up to 16 tons per acre at active logging sites. That’s some big wood and the more that collects, the more combustible danger to the forest it represents. It also provides a technically unlimited fuel supply for the Forest Walker system.
The problem is that this detritus has to be chewed into pieces that are easily ingestible by the system for the gasification process (we’ll get to that step in a minute). What we need is a wood chipper attached to the chassis (the LS3); its “mouth”.
A small wood chipper handling material up to 2.5 - 3.0 inches (6.3 - 7.6 cm) in diameter would eliminate a substantial amount of fuel. There is no reason for Forest Walker to remove fallen trees. It wouldn’t have to in order to make a real difference. It need only identify appropriately sized branches and grab them. Once loaded into the chipper’s intake hopper for further processing, the beast can immediately look for more “food”. This is essentially kindling that would help ignite larger logs. If it’s all consumed by Forest Walker, then it’s not present to promote an aggravated conflagration.
I have glossed over an obvious question: How does Forest Walker see and identify branches and such? LiDaR (Light Detection and Ranging) attached to Forest Walker images the local area and feed those data to onboard computers for processing. Maybe AI plays a role. Maybe simple machine learning can do the trick. One thing is for certain: being able to identify a stick and cause robotic appendages to pick it up is not impossible.
Great! We now have a quadrupedal robot autonomously identifying and “eating” dead branches and other light, combustible materials. Whilst strolling through the forest, depleting future fires of combustibles, Forest Walker has already performed a major function of this system: making the forest safer. It's time to convert this low-density fuel into a high-density fuel Forest Walker can leverage. Enter the gasification process.
# The Gassifier
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817765349-YAKIHONNES3.png)
The gasifier is the heart of the entire system; it’s where low-density fuel becomes the high-density fuel that powers the entire system. Biochar and wood vinegar are process wastes and I’ll discuss why both are powerful soil amendments in a moment, but first, what’s gasification?
Reacting shredded carbonaceous material at high temperatures in a low or no oxygen environment converts the biomass into biochar, wood vinegar, heat, and Synthesis Gas (Syngas). Syngas consists primarily of hydrogen, carbon monoxide, and methane. All of which are extremely useful fuels in a gaseous state. Part of this gas is used to heat the input biomass and keep the reaction temperature constant while the internal combustion engine that drives the generator to produce electrical power consumes the rest.
Critically, this gasification process is “continuous feed”. Forest Walker must intake biomass from the chipper, process it to fuel, and dump the waste (CO2, heat, biochar, and wood vinegar) continuously. It cannot stop. Everything about this system depends upon this continual grazing, digestion, and excretion of wastes just as a ruminal does. And, like a ruminant, all waste products enhance the local environment.
When I first heard of gasification, I didn’t believe that it was real. Running an electric generator from burning wood seemed more akin to “conspiracy fantasy” than science. Not only is gasification real, it’s ancient technology. A man named Dean Clayton first started experiments on gasification in 1699 and in 1901 gasification was used to power a vehicle. By the end of World War II, there were 500,000 Syngas powered vehicles in Germany alone because of fossil fuel rationing during the war. The global gasification market was $480 billion in 2022 and projected to be as much as $700 billion by 2030 (Vantage Market Research). Gasification technology is the best choice to power the Forest Walker because it’s self-contained and we want its waste products.
# Biochar: The Waste
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817802326-YAKIHONNES3.png)
Biochar (AKA agricultural charcoal) is fairly simple: it’s almost pure, solid carbon that resembles charcoal. Its porous nature packs large surface areas into small, 3 dimensional nuggets. Devoid of most other chemistry, like hydrocarbons (methane) and ash (minerals), biochar is extremely lightweight. Do not confuse it with the charcoal you buy for your grill. Biochar doesn’t make good grilling charcoal because it would burn too rapidly as it does not contain the multitude of flammable components that charcoal does. Biochar has several other good use cases. Water filtration, water retention, nutrient retention, providing habitat for microscopic soil organisms, and carbon sequestration are the main ones that we are concerned with here.
Carbon has an amazing ability to adsorb (substances stick to and accumulate on the surface of an object) manifold chemistries. Water, nutrients, and pollutants tightly bind to carbon in this format. So, biochar makes a respectable filter and acts as a “battery” of water and nutrients in soils. Biochar adsorbs and holds on to seven times its weight in water. Soil containing biochar is more drought resilient than soil without it. Adsorbed nutrients, tightly sequestered alongside water, get released only as plants need them. Plants must excrete protons (H+) from their roots to disgorge water or positively charged nutrients from the biochar's surface; it's an active process.
Biochar’s surface area (where adsorption happens) can be 500 square meters per gram or more. That is 10% larger than an official NBA basketball court for every gram of biochar. Biochar’s abundant surface area builds protective habitats for soil microbes like fungi and bacteria and many are critical for the health and productivity of the soil itself.
The “carbon sequestration” component of biochar comes into play where “carbon credits” are concerned. There is a financial market for carbon. Not leveraging that market for revenue is foolish. I am climate agnostic. All I care about is that once solid carbon is inside the soil, it will stay there for thousands of years, imparting drought resiliency, fertility collection, nutrient buffering, and release for that time span. I simply want as much solid carbon in the soil because of the undeniably positive effects it has, regardless of any climactic considerations.
# Wood Vinegar: More Waste
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817826910-YAKIHONNES3.png)
Another by-product of the gasification process is wood vinegar (Pyroligneous acid). If you have ever seen Liquid Smoke in the grocery store, then you have seen wood vinegar. Principally composed of acetic acid, acetone, and methanol wood vinegar also contains ~200 other organic compounds. It would seem intuitive that condensed, liquefied wood smoke would at least be bad for the health of all living things if not downright carcinogenic. The counter intuition wins the day, however. Wood vinegar has been used by humans for a very long time to promote digestion, bowel, and liver health; combat diarrhea and vomiting; calm peptic ulcers and regulate cholesterol levels; and a host of other benefits.
For centuries humans have annually burned off hundreds of thousands of square miles of pasture, grassland, forest, and every other conceivable terrestrial ecosystem. Why is this done? After every burn, one thing becomes obvious: the almost supernatural growth these ecosystems exhibit after the burn. How? Wood vinegar is a component of this growth. Even in open burns, smoke condenses and infiltrates the soil. That is when wood vinegar shows its quality.
This stuff beefs up not only general plant growth but seed germination as well and possesses many other qualities that are beneficial to plants. It’s a pesticide, fungicide, promotes beneficial soil microorganisms, enhances nutrient uptake, and imparts disease resistance. I am barely touching a long list of attributes here, but you want wood vinegar in your soil (alongside biochar because it adsorbs wood vinegar as well).
# The Internal Combustion Engine
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817852201-YAKIHONNES3.png)
Conversion of grazed forage to chemical, then mechanical, and then electrical energy completes the cycle. The ICE (Internal Combustion Engine) converts the gaseous fuel output from the gasifier to mechanical energy, heat, water vapor, and CO2. It’s the mechanical energy of a rotating drive shaft that we want. That rotation drives the electric generator, which is the heartbeat we need to bring this monster to life. Luckily for us, combined internal combustion engine and generator packages are ubiquitous, delivering a defined energy output given a constant fuel input. It’s the simplest part of the system.
The obvious question here is whether the amount of syngas provided by the gasification process will provide enough energy to generate enough electrons to run the entire system or not. While I have no doubt the energy produced will run Forest Walker's main systems the question is really about the electrons left over. Will it be enough to run the Bitcoin mining aspect of the system? Everything is a budget.
# CO2 Production For Growth
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817873011-YAKIHONNES3.png)
Plants are lollipops. No matter if it’s a tree or a bush or a shrubbery, the entire thing is mostly sugar in various formats but mostly long chain carbohydrates like lignin and cellulose. Plants need three things to make sugar: CO2, H2O and light. In a forest, where tree densities can be quite high, CO2 availability becomes a limiting growth factor. It’d be in the forest interests to have more available CO2 providing for various sugar formation providing the organism with food and structure.
An odd thing about tree leaves, the openings that allow gasses like the ever searched for CO2 are on the bottom of the leaf (these are called stomata). Not many stomata are topside. This suggests that trees and bushes have evolved to find gasses like CO2 from below, not above and this further suggests CO2 might be in higher concentrations nearer the soil.
The soil life (bacterial, fungi etc.) is constantly producing enormous amounts of CO2 and it would stay in the soil forever (eventually killing the very soil life that produces it) if not for tidal forces. Water is everywhere and whether in pools, lakes, oceans or distributed in “moist” soils water moves towards to the moon. The water in the soil and also in the water tables below the soil rise toward the surface every day. When the water rises, it expels the accumulated gasses in the soil into the atmosphere and it’s mostly CO2. It’s a good bet on how leaves developed high populations of stomata on the underside of leaves. As the water relaxes (the tide goes out) it sucks oxygenated air back into the soil to continue the functions of soil life respiration. The soil “breathes” albeit slowly.
The gasses produced by the Forest Walker’s internal combustion engine consist primarily of CO2 and H2O. Combusting sugars produce the same gasses that are needed to construct the sugars because the universe is funny like that. The Forest Walker is constantly laying down these critical construction elements right where the trees need them: close to the ground to be gobbled up by the trees.
# The Branch Drones
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817903556-YAKIHONNES3.png)
During the last ice age, giant mammals populated North America - forests and otherwise. Mastodons, woolly mammoths, rhinos, short-faced bears, steppe bison, caribou, musk ox, giant beavers, camels, gigantic ground-dwelling sloths, glyptodons, and dire wolves were everywhere. Many were ten to fifteen feet tall. As they crashed through forests, they would effectively cleave off dead side-branches of trees, halting the spread of a ground-based fire migrating into the tree crown ("laddering") which is a death knell for a forest.
These animals are all extinct now and forests no longer have any manner of pruning services. But, if we build drones fitted with cutting implements like saws and loppers, optical cameras and AI trained to discern dead branches from living ones, these drones could effectively take over pruning services by identifying, cutting, and dropping to the forest floor, dead branches. The dropped branches simply get collected by the Forest Walker as part of its continual mission.
The drones dock on the back of the Forest Walker to recharge their batteries when low. The whole scene would look like a grazing cow with some flies bothering it. This activity breaks the link between a relatively cool ground based fire and the tree crowns and is a vital element in forest fire control.
# The Bitcoin Miner
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817919076-YAKIHONNES3.png)
Mining is one of four monetary incentive models, making this system a possibility for development. The other three are US Dept. of the Interior, township, county, and electrical utility company easement contracts for fuel load management, global carbon credits trading, and data set sales. All the above depends on obvious questions getting answered. I will list some obvious ones, but this is not an engineering document and is not the place for spreadsheets. How much Bitcoin one Forest Walker can mine depends on everything else. What amount of biomass can we process? Will that biomass flow enough Syngas to keep the lights on? Can the chassis support enough mining ASICs and supporting infrastructure? What does that weigh and will it affect field performance? How much power can the AC generator produce?
Other questions that are more philosophical persist. Even if a single Forest Walker can only mine scant amounts of BTC per day, that pales to how much fuel material it can process into biochar. We are talking about millions upon millions of forested acres in need of fuel load management. What can a single Forest Walker do? I am not thinking in singular terms. The Forest Walker must operate as a fleet. What could 50 do? 500?
What is it worth providing a service to the world by managing forest fuel loads? Providing proof of work to the global monetary system? Seeding soil with drought and nutrient resilience by the excretion, over time, of carbon by the ton? What did the last forest fire cost?
# The Mesh Network
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817962167-YAKIHONNES3.png)
What could be better than one bitcoin mining, carbon sequestering, forest fire squelching, soil amending behemoth? Thousands of them, but then they would need to be able to talk to each other to coordinate position, data handling, etc. Fitted with a mesh networking device, like goTenna or Meshtastic LoRa equipment enables each Forest Walker to communicate with each other.
Now we have an interconnected fleet of Forest Walkers relaying data to each other and more importantly, aggregating all of that to the last link in the chain for uplink. Well, at least Bitcoin mining data. Since block data is lightweight, transmission of these data via mesh networking in fairly close quartered environs is more than doable. So, how does data transmit to the Bitcoin Network? How do the Forest Walkers get the previous block data necessary to execute on mining?
# Back To The Chain
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736817983991-YAKIHONNES3.png)
Getting Bitcoin block data to and from the network is the last puzzle piece. The standing presumption here is that wherever a Forest Walker fleet is operating, it is NOT within cell tower range. We further presume that the nearest Walmart Wi-Fi is hours away. Enter the Blockstream Satellite or something like it.
A separate, ground-based drone will have two jobs: To stay as close to the nearest Forest Walker as it can and to provide an antennae for either terrestrial or orbital data uplink. Bitcoin-centric data is transmitted to the "uplink drone" via the mesh networked transmitters and then sent on to the uplink and the whole flow goes in the opposite direction as well; many to one and one to many.
We cannot transmit data to the Blockstream satellite, and it will be up to Blockstream and companies like it to provide uplink capabilities in the future and I don't doubt they will. Starlink you say? What’s stopping that company from filtering out block data? Nothing because it’s Starlink’s system and they could decide to censor these data. It seems we may have a problem sending and receiving Bitcoin data in back country environs.
But, then again, the utility of this system in staunching the fuel load that creates forest fires is extremely useful around forested communities and many have fiber, Wi-Fi and cell towers. These communities could be a welcoming ground zero for first deployments of the Forest Walker system by the home and business owners seeking fire repression. In the best way, Bitcoin subsidizes the safety of the communities.
# Sensor Packages
### LiDaR
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818012307-YAKIHONNES3.png)
The benefit of having a Forest Walker fleet strolling through the forest is the never ending opportunity for data gathering. A plethora of deployable sensors gathering hyper-accurate data on everything from temperature to topography is yet another revenue generator. Data is valuable and the Forest Walker could generate data sales to various government entities and private concerns.
LiDaR (Light Detection and Ranging) can map topography, perform biomass assessment, comparative soil erosion analysis, etc. It so happens that the Forest Walker’s ability to “see,” to navigate about its surroundings, is LiDaR driven and since it’s already being used, we can get double duty by harvesting that data for later use. By using a laser to send out light pulses and measuring the time it takes for the reflection of those pulses to return, very detailed data sets incrementally build up. Eventually, as enough data about a certain area becomes available, the data becomes useful and valuable.
Forestry concerns, both private and public, often use LiDaR to build 3D models of tree stands to assess the amount of harvest-able lumber in entire sections of forest. Consulting companies offering these services charge anywhere from several hundred to several thousand dollars per square kilometer for such services. A Forest Walker generating such assessments on the fly while performing its other functions is a multi-disciplinary approach to revenue generation.
### pH, Soil Moisture, and Cation Exchange Sensing
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818037057-YAKIHONNES3.png)
The Forest Walker is quadrupedal, so there are four contact points to the soil. Why not get a pH data point for every step it takes? We can also gather soil moisture data and cation exchange capacities at unheard of densities because of sampling occurring on the fly during commission of the system’s other duties. No one is going to build a machine to do pH testing of vast tracts of forest soils, but that doesn’t make the data collected from such an endeavor valueless. Since the Forest Walker serves many functions at once, a multitude of data products can add to the return on investment component.
### Weather Data
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818057965-YAKIHONNES3.png)
Temperature, humidity, pressure, and even data like evapotranspiration gathered at high densities on broad acre scales have untold value and because the sensors are lightweight and don’t require large power budgets, they come along for the ride at little cost. But, just like the old mantra, “gas, grass, or ass, nobody rides for free”, these sensors provide potential revenue benefits just by them being present.
I’ve touched on just a few data genres here. In fact, the question for universities, governmental bodies, and other institutions becomes, “How much will you pay us to attach your sensor payload to the Forest Walker?”
# Noise Suppression
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818076725-YAKIHONNES3.png)
Only you can prevent Metallica filling the surrounds with 120 dB of sound. Easy enough, just turn the car stereo off. But what of a fleet of 50 Forest Walkers operating in the backcountry or near a township? 500? 5000? Each one has a wood chipper, an internal combustion engine, hydraulic pumps, actuators, and more cooling fans than you can shake a stick at. It’s a walking, screaming fire-breathing dragon operating continuously, day and night, twenty-four hours a day, three hundred sixty-five days a year. The sound will negatively affect all living things and that impacts behaviors. Serious engineering consideration and prowess must deliver a silencing blow to the major issue of noise.
It would be foolish to think that a fleet of Forest Walkers could be silent, but if not a major design consideration, then the entire idea is dead on arrival. Townships would not allow them to operate even if they solved the problem of widespread fuel load and neither would governmental entities, and rightly so. Nothing, not man nor beast, would want to be subjected to an eternal, infernal scream even if it were to end within days as the fleet moved further away after consuming what it could. Noise and heat are the only real pollutants of this system; taking noise seriously from the beginning is paramount.
# Fire Safety
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818111311-YAKIHONNES3.png)
A “fire-breathing dragon” is not the worst description of the Forest Walker. It eats wood, combusts it at very high temperatures and excretes carbon; and it does so in an extremely flammable environment. Bad mix for one Forest Walker, worse for many. One must take extreme pains to ensure that during normal operation, a Forest Walker could fall over, walk through tinder dry brush, or get pounded into the ground by a meteorite from Krypton and it wouldn’t destroy epic swaths of trees and baby deer. I envision an ultimate test of a prototype to include dowsing it in grain alcohol while it’s wrapped up in toilet paper like a pledge at a fraternity party. If it runs for 72 hours and doesn’t set everything on fire, then maybe outside entities won’t be fearful of something that walks around forests with a constant fire in its belly.
# The Wrap
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32/files/1736818144087-YAKIHONNES3.png)
How we think about what can be done with and adjacent to Bitcoin is at least as important as Bitcoin’s economic standing itself. For those who will tell me that this entire idea is without merit, I say, “OK, fine. You can come up with something, too.” What can we plug Bitcoin into that, like a battery, makes something that does not work, work? That’s the lesson I get from this entire exercise. No one was ever going to hire teams of humans to go out and "clean the forest". There's no money in that. The data collection and sales from such an endeavor might provide revenues over the break-even point but investment demands Alpha in this day and age. But, plug Bitcoin into an almost viable system and, voilà! We tip the scales to achieve lift-off.
Let’s face it, we haven’t scratched the surface of Bitcoin’s forcing function on our minds. Not because it’s Bitcoin, but because of what that invention means. The question that pushes me to approach things this way is, “what can we create that one system’s waste is another system’s feedstock?” The Forest Walker system’s only real waste is the conversion of low entropy energy (wood and syngas) into high entropy energy (heat and noise). All other output is beneficial to humanity.
Bitcoin, I believe, is the first product of a new mode of human imagination. An imagination newly forged over the past few millennia of being lied to, stolen from, distracted and otherwise mis-allocated to a black hole of the nonsensical. We are waking up.
What I have presented is not science fiction. Everything I have described here is well within the realm of possibility. The question is one of viability, at least in terms of the detritus of the old world we find ourselves departing from. This system would take a non-trivial amount of time and resources to develop. I think the system would garner extensive long-term contracts from those who have the most to lose from wildfires, the most to gain from hyperaccurate data sets, and, of course, securing the most precious asset in the world. Many may not see it that way, for they seek Alpha and are therefore blind to other possibilities. Others will see only the possibilities; of thinking in a new way, of looking at things differently, and dreaming of what comes next.
-
@ 17538dc2:71ed77c4
2025-01-13 18:17:24
Sci-Hub 2024 year end review is translated to English by Kagi Translate from Russian. Original text can be found in Sci-Hub's telegram channel https://t.me/freescience.
### RESULTS OF 2024
First. The project received donations totaling 2 million dollars in meme coins.
The project is actively used by many students in China, which is why a group of Sci-Hub fans has emerged there. As far as I understand, the organizer of the group is actively interested in the topic of cryptocurrencies (even wrote a book). Somewhere in mid-November, the Chinese launched a meme coin in honor of the Sci-Hub project. At its peak, the coin's price reached 5 cents, and now it is somewhere around 1-2 cents. This means that the exchange rate of the Sci-Hub cryptocurrency is now almost equal to the ruble exchange rate (100 to one or so).
In general, I converted part of these donations into normal, traditional cryptocurrency (like Bitcoin) and paid for servers several months in advance. The other part is still sitting in meme coins—I hope that the token will still grow in price (there is a promotion plan). Of course, this is risky, but Sci-Hub is a project that is not afraid of risk. Therefore, anyone who wants to invest in Sci-Hub by purchasing this token can do so here: www.coingecko.com/en/coins/sci-hub
Second. A dissertation on the topic of open scientific knowledge has been defended at the Institute of Philosophy.
For those interested in the history and philosophy of science, I defended a dissertation in April at the Institute of Philosophy on the topic that scientific knowledge should be open (otherwise, it is strange to call it scientific at all). The work shows that open communication is one of the basic traditional values of science when considering science as a social institution. In other words, journals that charge for access to scientific articles are a kind of 'non-traditional orientation journals.'
Moreover, openness is an important prerequisite for rationality. Rationality is not limited to the criterion of falsification (hello Popper); it is a much more complex concept.
You can familiarize yourself with the text of the dissertation here: web.archive.org/web/20240425100014/https://iphras.ru/page26414303.htm (I provide the link through the web archive because the Institute's website, strangely enough, is glitching again at the time of writing this post).
All criticism and comments (as well as praise) regarding the dissertation can be sent to my email.
Third. Work has begun on a new declaration of open access to scientific knowledge.
Currently, all discussions on the topic of open science are conducted within the frameworks defined by the so-called BBB declarations back in 2001-2003. Within these frameworks, two main types of open access are recognized: gold, meaning open journals with an author-pays model, and green, which refers to repositories like the well-known arXiv. We can also add the so-called diamond open access, which includes open journals that are free for both authors and readers.
However, since 2003, internet technologies have advanced significantly. Today, we can already talk about such types of open access as blue (through academic social networks) or red (your beloved Sci-Hub). It is time to adopt a new declaration of open access to scientific knowledge that corresponds to the current state of scientific and technological progress.
A preliminary version of the declaration can be read and signed here: open.science.do
We will be more actively engaged in this in the coming year. Signing the declaration is an important step towards recognizing access to scientific knowledge through sites like Sci-Hub or Libgen as completely legal and ceasing to pursue them—first in the former USSR, and then in all countries of the world.
Fourth. In 2024, about one billion articles were downloaded through Sci-Hub. Despite the fact that this is unfiltered statistics, the fact remains: the popularity of the project has not decreased but only grown, despite the fact that Sci-Hub has not been updated for quite a long time. Of course, this does not mean that the site will not be updated at all now—just that the patient is more alive than dead (no matter how much some haters might wish otherwise).
The cause of open access to scientific knowledge will definitely prevail—because good always triumphs over evil.
In the new year, I wish all scientists new discoveries and large grants. Happy New Year, comrades!
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@ 3f770d65:7a745b24
2025-01-12 21:03:36
I’ve been using Notedeck for several months, starting with its extremely early and experimental alpha versions, all the way to its current, more stable alpha releases. The journey has been fascinating, as I’ve had the privilege of watching it evolve from a concept into a functional and promising tool.
In its earliest stages, Notedeck was raw—offering glimpses of its potential but still far from practical for daily use. Even then, the vision behind it was clear: a platform designed to redefine how we interact with Nostr by offering flexibility and power for all users.
I'm very bullish on Notedeck. Why? Because Will Casarin is making it! Duh! 😂
Seriously though, if we’re reimagining the web and rebuilding portions of the Internet, it’s important to recognize [the potential of Notedeck](https://damus.io/notedeck/). If Nostr is reimagining the web, then Notedeck is reimagining the Nostr client.
Notedeck isn’t just another Nostr app—it’s more a Nostr browser that functions more like an operating system with micro-apps. How cool is that?
Much like how Google's Chrome evolved from being a web browser with a task manager into ChromeOS, a full blown operating system, Notedeck aims to transform how we interact with the Nostr. It goes beyond individual apps, offering a foundation for a fully integrated ecosystem built around Nostr.
As a Nostr evangelist, I love to scream **INTEROPERABILITY** and tout every application's integrations. Well, Notedeck has the potential to be one of the best platforms to showcase these integrations in entirely new and exciting ways.
Do you want an Olas feed of images? Add the media column.
Do you want a feed of live video events? Add the zap.stream column.
Do you want Nostr Nests or audio chats? Add that column to your Notedeck.
Git? Email? Books? Chat and DMs? It's all possible.
Not everyone wants a super app though, and that’s okay. As with most things in the Nostr ecosystem, flexibility is key. Notedeck gives users the freedom to choose how they engage with it—whether it’s simply following hashtags or managing straightforward feeds. You'll be able to tailor Notedeck to fit your needs, using it as extensively or minimally as you prefer.
Notedeck is designed with a local-first approach, utilizing Nostr content stored directly on your device via the local nostrdb. This will enable a plethora of advanced tools such as search and filtering, the creation of custom feeds, and the ability to develop personalized algorithms across multiple Notedeck micro-applications—all with unparalleled flexibility.
Notedeck also supports multicast. Let's geek out for a second. Multicast is a method of communication where data is sent from one source to multiple destinations simultaneously, but only to devices that wish to receive the data. Unlike broadcast, which sends data to all devices on a network, multicast targets specific receivers, reducing network traffic. This is commonly used for efficient data distribution in scenarios like streaming, conferencing, or large-scale data synchronization between devices.
> In a local first world where each device holds local copies of your nostr nodes, and each device transparently syncs with each other on the local network, each node becomes a backup. Your data becomes antifragile automatically. When a node goes down it can resync and recover from other nodes. Even if not all nodes have a complete collection, negentropy can pull down only what is needed from each device. All this can be done without internet.
>
> \-Will Casarin
In the context of Notedeck, multicast would allow multiple devices to sync their Nostr nodes with each other over a local network without needing an internet connection. Wild.
Notedeck aims to offer full customization too, including the ability to design and share custom skins, much like Winamp. Users will also be able to create personalized columns and, in the future, share their setups with others. This opens the door for power users to craft tailored Nostr experiences, leveraging their expertise in the protocol and applications. By sharing these configurations as "Starter Decks," they can simplify onboarding and showcase the best of Nostr’s ecosystem.
Nostr’s “Other Stuff” can often be difficult to discover, use, or understand. Many users doesn't understand or know how to use web browser extensions to login to applications. Let's not even get started with nsecbunkers. Notedeck will address this challenge by providing a native experience that brings these lesser-known applications, tools, and content into a user-friendly and accessible interface, making exploration seamless. However, that doesn't mean Notedeck should disregard power users that want to use nsecbunkers though - hint hint.
For anyone interested in watching Nostr be [developed live](https://github.com/damus-io/notedeck), right before your very eyes, Notedeck’s progress serves as a reminder of what’s possible when innovation meets dedication. The current alpha is already demonstrating its ability to handle complex use cases, and I’m excited to see how it continues to grow as it moves toward a full release later this year.
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@ 8d34bd24:414be32b
2025-01-12 03:44:53
Our old pastor, Jack Olsen (2 pastors ago), still attends our church and preaches occasionally. Today, he gave his annual New Year’s sermon where he encouraged us to pray about a word and a verse to guide us through the year. To be honest, I generally don’t like this kind of thing. It feels too gimmicky for my logical, engineer’s mind, but as I was thinking about how I don’t like this thing, the word *share* came to mind.
As Christians, we are called to share many things. Of course to be able to share, we have to have built up something to share. Let’s review some of the things God might call us to share.
## Share Property
> He who is generous will be blessed,\
> For he gives some of his food to the poor. (Proverbs 22:9)
With some of the misinterpretations in our culture, I need to make some clarifications. This is not referring to voting to have the government take care of the poor. This is not referring to everyone having the same thing despite how hard they work or how much talent they have. This is calling for personal charity as each one is called upon by God. You will also note that it says “*he gives **some** of his food to the poor*.” It is appropriate to keep some of what you earn to take care of you and your family.
The Bible also says:
> The hard-working farmer ought to be the first to receive his share of the crops. (2 Timothy 2:6)
The primary benefactor of hard work, should be the worker. No one has the right to take from the one who worked to give to the one who did not.
> For even when we were with you, we used to give you this order: if anyone is not willing to work, then he is not to eat, either. (2 Thessalonians 3:10)
On the other hand, everything belongs to our Creator and God. We are solely stewards of what He has enabled us to earn. God promises blessings to those who are generous with what God has given them and counts this generosity as if we had done it to Him.
> “Then the King will say to those on His right, ‘Come, you who are blessed of My Father, inherit the kingdom prepared for you from the foundation of the world. For I was hungry, and you gave Me something to eat; I was thirsty, and you gave Me something to drink; I was a stranger, and you invited Me in; naked, and you clothed Me; I was sick, and you visited Me; I was in prison, and you came to Me.’ Then the righteous will answer Him, ‘Lord, when did we see You hungry, and feed You, or thirsty, and give You something to drink? And when did we see You a stranger, and invite You in, or naked, and clothe You? When did we see You sick, or in prison, and come to You?’ The King will answer and say to them, ‘Truly I say to you, **to the extent that you did it to one of these brothers of Mine, even the least of them, you did it to Me**.’ (Matthew 25:34-40) {emphasis mine}
God also calls those who have been blessed more to bless others as God has blessed us.
> **Instruct those who are rich in this present world** not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy. Instruct them to do good, to **be rich in good works**, to **be generous and ready to share**, **storing up for themselves the treasure of a good foundation for the future**, so that they may take hold of that which is life indeed. (1 Timothy 6:17-19) {emphasis mine}
There is a benefit to living meager, saving well, and getting to the point where you can be generous towards both those in need and those in ministry. If you allow yourself to get in debt, you are a slave to that debt and can’t have the blessing of blessing others. If you are in debt, you can’t easily pick up and go into missions if you feel God calling you. Managing your money well determines whether money controls you or you are free to spend your money for God’s glory.
Also, don’t lie to yourself and say that you are saving and making money for God, when you are solely spending it on your own comfort or stashing it away to protect yourself instead of relying on God. You definitely aren’t fooling God. You likely aren’t fooling others. You are depriving yourself of the blessing of helping others and seeing their joy and thankfulness.
> **Be devoted to one another in brotherly love**; give preference to one another in honor; not lagging behind in diligence, fervent in spirit, serving the Lord; rejoicing in hope, persevering in tribulation, devoted to prayer, **contributing to the needs of the saints, practicing hospitality**. (Romans 12:10-13) {emphasis mine}
We can use our wealth (and our time & talents) to help those in need (believers and unbelievers) as well as to support missionaries, churches, and ministries in their work sharing the gospel with unbelievers and discipling immature Christians. Everything we “spend” to support the body of Christ and His work will be blessed.
> The **one who is taught the word is to share all good things with the one who teaches him**. Do not be deceived, God is not mocked; for whatever a man sows, this he will also reap. For the one who sows to his own flesh will from the flesh reap corruption, but the one who sows to the Spirit will from the Spirit reap eternal life. **Let us not lose heart in doing good**, for in due time we will reap if we do not grow weary. So then, **while we have opportunity, let us do good to all people, and especially to those who are of the household of the faith**. (Galatians 6:6-10) {emphasis mine}
Although we are all expected to share the Gospel with others, some people have a calling and a talent while others may be called to support those who are called to “go make disciples.” We need to use our wealth, our talents, our time, and every other thing God has given us in service to His glory and drawing others to Him.
## Share Hope
We live in a very dark world where people are desperately searching for hope (usually in all of the wrong places). We are called to be a light in this darkness. I’d argue that two things stand out in the darkness more than anything else and both of them come from Jesus — love and hope.
> But even if you should suffer for the sake of righteousness, you are blessed. And do not fear their intimidation, and do not be troubled, but sanctify Christ as Lord in your hearts, **always being ready to make a defense to everyone who asks you to give an account for the hope that is in you**, yet with gentleness and reverence; and keep a good conscience so that in the thing in which you are slandered, those who revile your good behavior in Christ will be put to shame. For it is better, if God should will it so, that you suffer for doing what is right rather than for doing what is wrong. (1 Peter 3:14-17) {emphasis mine}
God wants us to “*always being ready to make a defense to everyone who asks you to give an account for the hope that is in you*.” How can we be ready? We can study God’s word and especially His promises, so we know them backwards and forwards and can share them with others. We can be constantly searching for God working in our lives, our churches, fellow believers, and even in our country and the world and can join Him in His work. When we are looking for His works, we will see them and can share them with others.
In 2015 We had our hot water heat pipes break and had a long fight with insurance. We then had our house burn down in a fire. The next month my husband’s car’s engine blew up. The next month he ruptured his achilles tendon and we missed Christmas with family. Then the beginning of the following year, he got blood clots in his leg and had to be on blood thinners for months. Most people going through something like that would be crying “Why me?” and likely be in despair.
We were looking for God’s hand in our troubles and what He was teaching us and what good He was doing. The flooding caused us to change insurance 10 days before our house burnt down. The new insurance company had us paid for the whole house, barn, trees, and a year’s rent in barely over a month. The rental house we stayed in had a layout that was so much easier to take care of my husband, when he couldn’t even touch his toe to the ground while healing, than the house that burnt down. Because the first insurance only wanted to pay barely over half of the repair costs of the flood, we had to sue them and got a settlement. The fire happened so soon afterwards that most of that money was left over to apply to our new home. We were able to rebuild the home as our dream home and when we were done we had a paid off house. God provided for our every need and we ended up much better off after the hardship than we had been before. Every member of our family grew in their faith in God and our story has blessed many others in their hardships.
> (for the Law made nothing perfect), and on the other hand **there is a bringing in of a better hope, through which we draw near to God**. (Hebrews 7:19) {emphasis mine}
As things grow more and more evil around the world, people are looking for hope. Jesus is the hope of the world. He is the perfect, holy God who came to earth as a man and lived the perfect life that we cannot, and paid the price for our sins. He is our savior and our example.
> For this reason, therefore, I requested to see you and to speak with you, for I am **wearing this chain for the sake of the hope** of Israel.” (Acts 28:20) {emphasis mine}
When we go through hard times and lean on God, we learn that there is nothing He cannot handle and we can have hope. When people see the hope in us, even when they know we are going through the hardest of times, then they want what we have. This is the moment that the Gospel changes lives.
## Share the Gospel
Probably the most important thing we can share is the Gospel — the good news about Jesus Christ our Savior.
> For though I am free from all men, I have made myself a slave to all, so that I may win more. To the Jews I became as a Jew, so that I might win Jews; to those who are under the Law, as under the Law though not being myself under the Law, so that I might win those who are under the Law; to those who are without law, as without law, though not being without the law of God but under the law of Christ, so that I might win those who are without law. To the weak I became weak, that I might win the weak; **I have become all things to all men, so that I may by all means save some. I do all things for the sake of the gospel**, so that I may become a fellow partaker of it. (1 Corinthians 9:19-23) {emphasis mine}
When sharing the Gospel, people need to understand who Jesus is (God, Creator, and perfect man) and have to understand that they have disobeyed their Creator’s commands and are worthy of death. Telling a person they need a Savior without telling them what they need saving from is a futile task. On the other hand, brow beating people with their sin isn’t likely to make them want to trust Jesus.
The above verse talks about becoming relatable to people. We want people to see Christ in us and the difference He makes in our lives. At the same time, we don’t want to be perceived as that strange person they can’t relate to. We also don’t want to be perceived as a super holy person on a pedestal, that was able to “work” their way into God’s good graces in a way they never could. We need to be a good friend. We need to speak the truth while being gentle and loving.
As we share the Gospel and do everything in our power to win them to Jesus, we have to realize that only God can truly call a person to repentance and salvation. If we do all we can, we at best “*save some*.” Also, it isn’t us doing the saving, but we are blessed when we act as a tool of God for His glory.
> But we proved to be gentle among you, **as a nursing mother tenderly cares for her own children**. Having so fond an affection for you, we were well-pleased to **impart to you not only the gospel of God but also our own lives**, because you had become very dear to us. (1 Thessalonians 2:7-8) {emphasis mine}
Most Christians have a tendency to err to one extreme or another. They are so worried about being loving, that they don’t speak the truth and point out sin. Without understanding their sin, they won’t ever repent from a sin they don’t know they have committed. These Christians can love people straight into Hell. On the other hand, there are people so focused on the truth, holiness, and obeying God, that they are very harsh to those who have not trusted in Jesus or even new Christians who are not far on their path to sanctification. They forget that they were once the same. We need to reach a proper balance where we tell the truth gently and in a loving manner. We need to be honest about our own failings. We need to sacrifice our comfort for other’s well being, whether physical or spiritual.
> So, for my part, **I am eager to preach the gospel to you** also who are in Rome.\
> For **I am not ashamed of the gospel**, for it is the power of God for salvation to everyone who believes, to the Jew first and also to the Greek. For in it the **righteousness of God is revealed from faith to faith**; as it is written, “But the righteous man shall live by faith.” (Romans 1:15-17) {emphasis mine}
So often we hold back speaking up against sin or speaking up about Jesus and the Bible. We think others will think us weird. We think we will harm friendships. We think we will be ostracized. We need to understand how important faith in Jesus is. These people’s eternity depends on repenting and trusting Jesus. We also need to consider who is more important to please: family, friends, coworkers, or God? My prayer for you (and for myself) is that we will always be “*eager to preach the gospel*” and “*not ashamed of the gospel*.”
> Therefore **do not be ashamed of the testimony of our Lord** or of me His prisoner, but **join with me in suffering for the gospel according to the power of God**, who has saved us and called us with a holy calling, not according to our works, but **according to His own purpose and grace** which was granted us in Christ Jesus from all eternity, (2 Timothy 1:8-9) {emphasis mine}
Although ultimately sharing the Gospel leads only to blessings, in the short run there will be people who resent us. There will be people who make fun of us and belittle us. We may even lose relationships or even a job. Despite this, we are called to “*not be ashamed of the testimony of our Lord*” and to “*join with me in suffering for the gospel according to the power of God*” because it is “*according to His own purpose and grace*.”
> For **if I preach the gospel**, I have nothing to boast of, for I am under compulsion; for **woe is me if I do not preach the gospel**. For if I do this voluntarily, I have a reward; but if against my will, I have **a stewardship entrusted to me**. What then is my reward? That, when I preach the gospel, I may offer the gospel without charge, so as not to make full use of my right in the gospel. (1 Corinthians 9:16-18) {emphasis mine}
I have noticed as time goes by that I feel the calling to share the gospel more and more. I’m not sure if this is because as I get closer to God, I hear Him more clearly, or if it is because as I learn His word more completely, I have more that is worth sharing, but I can relate to Paul’s feelings “*woe is me if I do not preach the gospel*.” (I am most definitely not saying that my words, or my interpretation of scripture is anywhere near Paul’s authority or clarity.)
## Share Joy
Part of the world’s darkness is caused by the sin that is rampant today and even being glorified. I don’t know if it is just a result of this sin or if it is a whole other form of darkness, but I also see despair everywhere. People are unhappy. They feel hopeless. Many are so hopeless that they even resort to suicide. One thing that helps draw people to Jesus is the joy of the believers.
> O clap your hands, all peoples;\
****Shout to God with the voice of joy**.\
> For the Lord Most High is to be feared,\
> A great King over all the earth.\
> He subdues peoples under us\
> And nations under our feet.\
****He chooses our inheritance for us,**\
> The glory of Jacob whom He loves. Selah.\
> God has ascended with a shout,\
> The Lord, with the sound of a trumpet.\
> Sing praises to God, sing praises;\
> Sing praises to our King, sing praises. (Psalm 47:1-6) {emphasis mine}
We are called to praise God in joy, not just in good times, but especially in the hard times. God has chosen “*our inheritance for us*.” He has gifted us each with different skills, talents, spiritual gifts, and opportunities. He expects us to make the most of what He has given us. When we use these gifts according to His purpose for us, we can find peace and joy even in the most difficult circumstances. We grow most in difficult circumstances and we shine the light of Jesus most brightly in difficult circumstances. Instead of saying, “Why me?” we need to say, “Use me.”
> What was from the beginning, what we have heard, what we have seen with our eyes, what we have looked at and touched with our hands, concerning the Word of Life— and the life was manifested, and we have seen and testify and proclaim to you the eternal life, which was with the Father and was manifested to us— what we have seen and heard we proclaim to you also, so that you too may have fellowship with us; and indeed our fellowship is with the Father, and with His Son Jesus Christ. **These things we write, so that our joy may be made complete**. (1 John 1:1-4) {emphasis mine}
We receive the most joy when we are obeying God and working according to His purpose. (FYI, works don’t get you into heaven, but works after salvation do lead to blessings.) When we have joy, we can share joy with others.
It isn’t a major spiritual thing, but I noticed during the masking in 2020, I could get away with not wearing a mask. I smiled at everyone. I smiled at the person I passed on the sidewalk. I smiled at the person I passed in the shopping aisle. I smiled at the checkout clerk. I rarely got questioned about not wearing a mask (although I did get quite a few quizzical looks). I think this was because everyone was so starved for personal interaction and a smile. It made people realize what they were missing. They would smile back, even if all I could see was the wrinkles around the eyes from the smile. I like to think that I made these people’s days a little brighter and helped others to escape from the fear and loneliness they were feeling.
Joy is contagious. Joy makes everything better. When we have joy, others want what we have, which is Jesus.
> Now may the God of hope fill you with all joy and peace in believing, so that you will abound in hope by the power of the Holy Spirit. (Romans 15:13)
and
> For I have come to have much joy and comfort in your love, because the hearts of the saints have been refreshed through you, brother. (Philemon 1:7)
We need to share our hope, joy, and love. It draws the unbeliever to Christ and refreshes the fellow believer who is suffering.
Last of all, we need to remember that God doesn’t promise us an easy life, but He does promise us that it will be worth it.
> **Consider it all joy**, my brethren, when you encounter various trials, knowing that the testing of your faith produces endurance. And let endurance have *its* perfect result, so that you may be perfect and complete, lacking in nothing. (James 1:2-4) {emphasis mine}
## Share Persecution
One of the strangest things in Scripture is the call to rejoice in suffering. If someone was making up a religion, they wouldn’t say “Let’s tell everyone that if they join our religion they will be constantly persecuted and will suffer all of their days.” The Bible has an inordinate number of passages that warn us that we will will experience hardship and that we should rejoice in this hardship.
> Beloved, do not be surprised at the fiery ordeal among you, which comes upon you for your testing, as though some strange thing were happening to you; but **to the degree that you share the sufferings of Christ, keep on rejoicing, so that also at the revelation of His glory you may rejoice with exultation**. (1 Peter 4:12-13) {emphasis mine}
We are called to rejoice in hardship and to share that joy with others who are experiencing hard times. We are literally called to “*share the sufferings of Christ*” with rejoicing. Most of us would consider this expert level Christianity, but each and every one of us are called to rejoice when we “*share the sufferings of Christ.*”
> But even if I am being poured out as a drink offering upon the sacrifice and service of your faith, **I rejoice and share my joy with you all**. You too, I urge you, **rejoice in the same way and share your joy with me**. (Philippians 2:17-18) {emphasis mine}
Until we truly learn to lean completely on God, it is hard to rejoice in suffering, but even harder is seeing someone we love suffer. I can rejoice in suffering, especially if I can see how God is using it for good, but it becomes much harder when my kids are suffering. I always think of Mary watching her son, Jesus, dying on the cross. I can’t imagine a much worse heartache than that, but even she was called to rejoice because this torturous event was for her good and her salvation, as well as the salvation of every believer throughout history. Learn the power of joy, choose joy, and then share that joy with everyone around you and your witness will be great.
> But **I rejoiced in the Lord greatly**, that now at last you have revived your concern for me; indeed, you were concerned *before,* but you lacked opportunity. Not that I speak from want, for I have learned to be **content in whatever circumstances** I am. I know how to get along with humble means, and I also know how to live in prosperity; in any and every circumstance I have learned the secret of being filled and going hungry, both of having abundance and suffering need. I can do all things through Him who strengthens me. Nevertheless, you have done well to **share *with me* in my affliction**. (Philippians 4:10-14) {emphasis mine}
The beginning portion of this passage is a familiar description of trusting God in all situations, but I never truly saw the last sentence. Paul is not just calling fellow believers to “*rejoice in the Lord greatly*” and to be “ *content in whatever circumstances*,” but he is also calling them to “*share with me in my affliction.*” Instead of warning away others so they won’t experience the affliction he is experiencing, he is calling them to share his affliction. He is sharing his affliction with them. Why? Because he knows the blessings that come from faithful service and the afflictions that usually come from that faithful service. He knows that “*For momentary, light affliction is producing for us an eternal weight of glory far beyond all comparison*.” (2 Corinthians 4:17)
I hope that this year each of you will search for how you can share the blessings that God has given you, and that you will look and see how much God has blessed you even in the hardships that all of us experience.
> For the ministry of this service is not only fully **supplying the needs of the saints**, but is also **overflowing through many thanksgivings to God**. Because of the proof given by this ministry, they **will glorify God for your obedience to your confession of the gospel of Christ** and for the **liberality of your contribution to them** and to all, while they also, by **prayer on your behalf**, yearn for you because of the surpassing grace of God in you. **Thanks be to God for His indescribable gift!** (2 Corinthians 9:12-15) {emphasis mine}
When we share our possessions, our hope, the Gospel, our joy, and Jesus’s persecution, we will be blessed and we will be a blessing to others. Getting started is so very hard, but when we obey God’s command, the blessings are indescribable.
Trust Jesus.\
\
your sister in Christ,
Christy
Bible verses are NASB (New American Standard Bible) 1995 edition unless otherwise stated
-
@ 5a8e581f:c150c8ba
2025-01-11 18:31:08
Doing Bitcoin the right way is hard.
If Bull Bitcoin wanted to take the easy path, we would have done what all the other exchanges are doing and would simply have offered a custodial wallet to our users. But our mission is not to sell numbers on a screen, fake paper bitcoin and IOUs. Our mission is to create sovereign individuals. If our clients don’t take full control over their wealth, we have failed them.
If we wanted to take the easy path, we would have offered shitcoin trading, NFTs, ICOs, yield and all sorts of nonsense. No doubt, we would today be far more wealthy.
But we would have failed in our mission to establish a universal Bitcoin standard and fixed the problems created by easy money. We would have compromised on our values and sold products that we don’t believe in and we don’t personally use.
If we wanted to take the easy path, we wouldn't have spent years building open-source software that lets any business run their own self-hosted Bitcoin wallet API infrastructure connected directly to their own Bitcoin, Lightning and Liquid network nodes. We would have just done a deal with Coinbase or another third party to take care of the Bitcoin engineering on our behalf.
But we would have failed in our mission to help keep the Bitcoin network decentralized and resilient to institutional failures. We would have lost our direct and precious connection to the Bitcoin network.
The engineering, operational and logistical challenges involved in maintaining a noncustodial Bitcoin service like Bull Bitcoin, in an environment where Bitcoin network fees are increasingly high, while also maintaining an accessible user experience with minimal compromises on the cypherpunk principles of Bitcoin… are impossibly hard to fathom for the vast majority of Bitcoiners.
Despite consistently taking the most difficult path at every turn, Bull Bitcoin has nonetheless been crushing it for the past 10 years thanks to our Bitcoiner ethos and mindset, sticking to our core values and creating products with a singular focus: engineering sovereignty.
All of this we accomplished without any outside funding. Every sat invested in Bull Bitcoin was acquired by offering a service valued by our customers. Every network fee we pay, every investment in R&D comes straight out of our pockets. If our bitcoin-only noncustodial model fails and we become unprofitable, there will be no bailout.
As a low-time preference business, taking the hard path today means we will have a unique competitive advantage in the future. Nobody uses Bitcoin more than a non-custodial exchange. Every trade and every revenue generating activity is derived directly from a Bitcoin payment. We are keenly aware of every possible problem that Bitcoin users may be facing, because we are ourselves are a power user. We know what kinds of problems the users will face, what solutions we need to build and how we must adapt. We always skate where the puck is going.
But there is another, more noble purpose to choosing the hard path.
I'm also heavily involved in a community circular economy project in Costa Rica called Bitcoin Jungle. We spend countless hours to educate locals, set merchants up with Bitcoin point of sales, and build the infrastructure necessary for Bitcoin to thrive as a medium of exchange in even the most rural areas. All of this we do for free, and in fact it we pay for it out of pocket! I discovered recently that a few people were skeptical of our efforts. I met one of them and he asked us “but why are you doing this, if you don't make any money from it”.
We do it because we love Bitcoin. We believe in the ideology of Bitcoin, its underlying cypherpunk and free market principles. We do it because we as sovereign individuals cannot live in isolation and we all benefit from the success of our communities. We do it because we want our kids to grow up in a world that is free from the evils of Fiat currency. May our children never suffer the corruption of participating in a socialist economic system that steals their time and their wealth by the simple fact of interacting with fiat currency. We do it because doing it is a moral imperative. In a world of systematic injustice, doing nothing is to be complicit. You cannot live a virtuous life with the knowledge that you had the capacity to act heroically but chose to capitulate.
Bitcoin is at the center of a spiritual war between forces of corruption and forces of liberation. There is a higher power that calls us to become the resistance. Bitcoin is hope. Bitcoin is salvation. If Bitcoin fails, everyone on earth is truly and utterly fucked.
We are on the cusp of a fundamental civilizational change. The global debt-fueled fiat ponzi is imploding right before our eyes. What comes next is up to us to determine. We are the right place and the right time. We have a unique window of opportunity that may not come again within our lifetimes and that of our children.
The choices we make today will shape what the world looks hundreds of years from now. Whether our descendants live in totalitarian dystopias or will be ushering in a new era of prosperity and freedom depends on our willingness to choose the hard path today.
And if you think the hard part is over and that Bitcoin has already won, think again. During our decade of operational experience, there were few serious attacks on the Bitcoin network. Bitcoin had relatively low levels of adoption and apart from a few periods of intense fee spikes and the fork wars of 2017, it was smooth sailing. Bitcoin was mostly flying under the radar, left to develop organically in the hands of its cypherpunk caretakers.
This era of complacency is over. From now on, everything is about to get much, much harder. This is what we live for! Nothing easy is worth pursuing.
Bull Bitcoin hasn't given up on Bitcoin's mission to free humanity from the shackles of fiat slavery and centralized systems, we are reinvigorated by the challenges that Bitcoin is facing and that will continue to intensify.
We will not give up on Bitcoin's use case as a medium of exchange and we will continue to build tools that make it easy for anyone to opt out of the traditional banking system to conduct peer-to-peer transactions securely, as was originally intended by Satoshi when launched the Bitcoin project.
This new epoch, Bull Bitcoin is leveling up to an entire new standard for consumer-facing Bitcoin apps, higher than anyone has ever seen. We have been thinking about how to make our unique noncustodial model work sustainably long-term for years. This is the hill that we choose to die on.
But as we entered into a new Bitcoin epoch, I've witnessed many in the Bitcoin community become cynical, fatalistic and even depressed. It’s hard to blame them.
Privacy-preserving tools are being shut down. The Lightning Network is suffering scalability issues. The Bitcoin blockchain is being spammed by degenerate NFT gamblers, driving up transaction fees for everyone else. Bankers and Wall Street insiders are accumulating Bitcoin fortunes and promoting exchange traded funds as an alternative to self-custody. Bitcoin mining is being heavily centralized among a small group of American-based public companies. It sometimes feels like Bitcoin is under attack by various nefarious interests that want to control it and corrupt it.
Even from within our own community we are suffering from prophets of doom spewing fear, uncertainty and doubt. Many sneer that Lightning is broken, that Bitcoin has been co-opted by Wall Street. Some say we should give up and switch to altcoins. Some pundits blame “lasereyed maxis” for blocking protocol changes and claim that being conservative about modifying the rules of Bitcoin means “ossification” and that's the reason why Bitcoin has high fees. Others are pushing the idea that Bitcoin was never meant for payments anyway and that being a store of value was always the main goal of Bitcoin. Who cares about the poor? The plebs can always keep their funds on an exchange.
At Bull Bitcoin, we see it very differently. We have a realistic and optimistic approach towards building a bright future for Bitcoin. I have never been so bullish on the future Bitcoin as I am today.
Make no mistake: the core principles of Bitcoin self-custody, censorship-resistance and privacy are under attack. But the Bitcoin community possesses a unique advantage that will ultimately allow us to prevail: not only do we have skin in the game, we have soul in the game.
Our tribe of a few thousand cypherpunk Bitcoin maximalist fanatics stand against an empire of fiat clones, millions of faceless cogs in a soulless machine. I like our odds.
While I agree that we should never take Bitcoin’s success for granted, the bleak picture that some want to paint regarding the state of Bitcoin is detached from reality.
We've already achieved incredible technological miracles. The fact that it is possible for a user to run a Lightning network node on a mobile device and make fully trustless payments is a monumental achievement. Despite what they claim I can guarantee that no other shitcoin or fiat payment system has anywhere near the level of sophistication of Bitcoin. It is an incredibly bullish sign for the Bitcoin ecosystem that we have achieved a level where users can remain fully sovereign if they have the means.
Scaling Bitcoin so that it can enable hundreds of millions of people to become sovereign individuals is the most pressing challenge of our times. Our community must accept inevitable realities: not everybody will be able to afford on-chain transactions. The success of Bitcoin means that one day, during our lifetimes, a single Bitcoin translation will cost hundreds of dollars.
Upgrading the Bitcoin protocol may allow us to create tools that enable a more secure, censorship-resistant and private payment mechanism, but no soft fork can fix the fundamental tradeoffs of the Bitcoin protocol.
But this doesn't mean that we should either give up on Bitcoin’s value proposition as a medium of exchange, or that we must fork bitcoin according to the whims of whoever is trending on Twitter, nor should we capitulate to traditional exchanges acting as banks for the vast majority of users.
To fix the inconvenient and expensive user experience that most people are suffering in times of high fees while making the minimum amount of compromises, you need vision and execution.
There is an army of shadowy super coders that, like us, have dedicated their lives to ensure that Bitcoin becomes the universal medium of exchange, store of value and medium of account. We come from different walks of life and we have different strategies. Some of us work on self-sovereign consumer applications. Other focus of privacy protocols, mining decentralization, second later payment networks, e-cash protocols, and finally, as a last resort, some are working to add changes to the Bitcoin protocol which can enable tools that we currently cannot build.
At Bull Bitcoin, our vision of the future Bitcoin experience is crystal clear. It is a vision of success and integrity, where the path of least resistance for the user is also the path of least compromise.
We, the Bitcoin builders, will make it real.
-
@ f33c8a96:5ec6f741
2025-01-08 23:05:33
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<source src="https://plebdevs-bucket.nyc3.cdn.digitaloceanspaces.com/starter-lesson-1.mp4" type="video/mp4"/>
<source src="https://plebdevs-bucket.nyc3.cdn.digitaloceanspaces.com/starter-lesson-1.webm" type="video/mp4"/>
</video></div>
# Setting Up Your Code Editor
## Introduction
In this lesson, we'll set up the most fundamental tool in your development journey: your code editor. This is where you'll spend most of your time writing, testing, and debugging code, so it's crucial to get comfortable with it from the start.
## What is an IDE?
### Definition
An IDE (Integrated Development Environment) is a software application that provides comprehensive facilities for software development. Think of it as your complete workshop for writing code.
### Key Components
1. **Code Editor**
- Where you write and edit code
- Provides syntax highlighting
- Helps with code formatting
- Makes code easier to read and write
2. **Compiler/Interpreter**
- Runs your code
- Translates your code into executable instructions
- Helps test your applications
3. **Debugging Tools**
- Help find and fix errors
- Provide error messages and suggestions
- Make problem-solving easier
## Setting Up Visual Studio Code
### Why VS Code?
- Free and open-source
- Lightweight yet powerful
- Excellent community support
- Popular among developers
- Great for beginners and experts alike
### Installation Steps
1. Visit [code.visualstudio.com](https://code.visualstudio.com)
2. Download the version for your operating system
3. Run the installer
4. Follow the installation prompts
### Essential VS Code Features
#### 1. Interface Navigation
- **File Explorer** (Ctrl/Cmd + Shift + E)
- Browse and manage your files
- Create new files and folders
- Navigate your project structure
- **Search** (Ctrl/Cmd + Shift + F)
- Find text across all files
- Replace text globally
- Search with regular expressions
- **Source Control** (Ctrl/Cmd + Shift + G)
- Track changes in your code
- Commit and manage versions
- Integrate with Git
#### 2. Terminal Integration
To open the integrated terminal:
- Use ``` Ctrl + ` ``` (backtick)
- Or View → Terminal from the menu
- Basic terminal commands:
```bash
ls # List files (dir on Windows)
cd # Change directory
clear # Clear terminal
code . # Open VS Code in current directory
```
#### 3. Essential Extensions
Install these extensions to enhance your development experience:
1. **ESLint**
- Helps find and fix code problems
- Enforces coding standards
- Improves code quality
2. **Prettier**
- Automatically formats your code
- Maintains consistent style
- Saves time on formatting
3. **Live Server**
- Runs your web pages locally
- Auto-refreshes on save
- Great for web development
### Important Keyboard Shortcuts
```
Ctrl/Cmd + S # Save file
Ctrl/Cmd + C # Copy
Ctrl/Cmd + V # Paste
Ctrl/Cmd + Z # Undo
Ctrl/Cmd + Shift + P # Command palette
Ctrl/Cmd + P # Quick file open
```
## Writing Your First Code
Let's create and run a simple HTML file:
1. Create a new file (`index.html`)
2. Add basic HTML content:
```html
<h1>Hello World!</h1>
```
3. Save the file (Ctrl/Cmd + S)
4. Open in browser or use Live Server
## Best Practices
### 1. File Organization
- Keep related files together
- Use clear, descriptive names
- Create separate folders for different projects
### 2. Regular Saving
- Save frequently (Ctrl/Cmd + S)
- Watch for the unsaved dot indicator
- Enable auto-save if preferred
### 3. Terminal Usage
- Get comfortable with basic commands
- Use the integrated terminal
- Practice navigation and file operations
## Troubleshooting Common Issues
### 1. Installation Problems
- Ensure you have admin rights
- Check system requirements
- Use official download sources
### 2. Extension Issues
- Keep extensions updated
- Disable conflicting extensions
- Restart VS Code after installation
### 3. Performance
- Don't install too many extensions
- Regular restart of VS Code
- Keep your system updated
## Next Steps
1. **Practice Navigation**
- Create and manage files
- Use the integrated terminal
- Try keyboard shortcuts
2. **Customize Your Editor**
- Explore themes
- Adjust font size
- Configure auto-save
3. **Prepare for Next Lesson**
- Keep VS Code open
- Get comfortable with the interface
- Practice basic operations
## Additional Resources
- [VS Code Documentation](https://code.visualstudio.com/docs)
- [Keyboard Shortcuts Reference](https://code.visualstudio.com/shortcuts/keyboard-shortcuts-windows.pdf)
- [VS Code Tips and Tricks](https://code.visualstudio.com/docs/getstarted/tips-and-tricks)
Remember: Your code editor is your primary tool as a developer. Take time to get comfortable with it, and don't worry about mastering everything at once. Focus on the basics we covered in the video, and you'll naturally learn more features as you need them.
Happy coding! 🚀
-
@ 2fb77d26:c47a6ee1
2025-01-08 19:47:47
#### Sehr geehrte Damen und Herren,
wenn wir an Schlachtfelder denken, sehen wir vor unserem inneren Auge düstere Bilder von verkohlten Wracks, von Einschlagkratern, schreienden Verwundeten, Leichen und dichten Rauchschwaden, die am Horizont über verbrannter Erde wabern.
Vergleichbare Assoziationen drängen sich auf, versucht man in Bilder zu fassen, in was für einer Gesellschaft wir mittlerweile leben. Intellektuelle Wracks, mediales Flächenbombardement, stumme Schreie von Pharmaopfern und hungernden Kindern, weggescrollt von Smartphone-Zombies, deren letzter Hauch Empathie am Rande ihres dissoziativen Wahrnehmungshorizontes verblasst. Zivilisatorische Transformation als Kriegsfilm.
Früher verliefen die Frontlinien von Klassenkampf und Propagandakrieg durch die Auslagen der Zeitungskioske, durch Rundfunkredaktionen und über die nach Sendeschluss flimmernden Bildschirme der Mattscheibe. Heute durch den Kopf.
Sprichwörtlich. Denn die »Vierte Industrielle Revolution« begegnet zunehmendem Desinteresse an Erziehungsfunk und aufkeimender Renitenz mit Dopamin-Shots, Implantaten und Nanotechnologie. Das erklärte Ziel der Herrschaftskaste ist nicht mehr die Manipulation, sondern die Fernsteuerung der Steuersklaven. Das »Hive Mind«.
Sendeschluss gibt es nicht mehr. Und der Newsfeed ist unerschöpflich, ist Manifestation dessen, was Aufmerksamkeitsökonomie für uns bedeutet: Den Verlust wertvoller Lebenszeit an neonbunte Sinnlosigkeit. Das Smartphone dient nicht der Evolution, sondern der Degeneration der Spezies Mensch. Es ist kein Werkzeug, sondern eine Waffe. Aber das Handy lässt sich — wie das TV-Gerät — abschalten. Oder abschaffen. Das birgt Risiken — denn nur Lufthoheit über dem Debattenraum garantiert dem postmodernen Feudalismus Machterhalt. Dementsprechend setzen seine Vertreter nun alles daran, invasive Technologien ins Feld zu führen, um sich unserer Gedanken bemächtigen zu können.
Der Kriegsfilm spielt sich also nicht mehr nur als dunkles Phantasma vor unserem inneren Auge ab, er handelt nicht von irgendeinem fernen Land — das zu erobernde Terrain, das primäre Schlachtfeld der biodigitalen Konvergenz liegt unmittelbar hinter dem Sehnerv. Kriegsziel: Die Verschmelzung von Mensch und Maschine. Transhumanismus. Und bei so manchem Zeitgenossen scheint bereits eine gewisse Konträrfaszination am eigenen Untergang Einzug zu halten. Die Résistance des Mediazän verteidigt demnach nicht nur das Recht auf Meinungsfreiheit, sie kämpft um den Erhalt des freien Willens. Um Menschlichkeit. Um das Fortbestehen unserer Spezies. 
Vor diesem Hintergrund beschäftigt sich die dritte GEGENDRUCK mit dem »Schlachtfeld Gehirn«. Mit dem zerebralen Status quo. Die Autoren analysieren und dokumentieren den Stand von Forschung, Angriffswellen, Waffenarsenal und Verteidigungsmechanismen. Denn unser Leben ist das Produkt unserer Gedanken. Unserer Erinnerungen. Sie sind die Basis unserer Freiheit, unserer Geschichte und Zukunft. Wir müssen sie schützen. Mit allen Mitteln.
Denn »*ein Kopf ohne Gedächtnis ist eine Festung ohne Besatzung*« (Napoleon).
Im Namen des gesamten Teams,
Tom-Oliver Regenauer
**Printausgabe bestellen unter: www\.gegendruck.de**
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@ bf47c19e:c3d2573b
2025-01-07 12:20:59
#### [bitcoinstandard.rs](https://bitcoinstandard.rs/)
---
[PREUZMITE ODLOMAK](https://bitcoinstandard.rs/wp-content/uploads/2024/11/Bitkoin_standard_odlomak.pdf)
[KUPITE KNJIGU](https://sidechain.pro/en/products/knjiga-bitcoin-standard)
Autor Bitkoin standarda, ekonomista Sajfedin Amus, vešto uvodi svakog čitaoca u svet digitalnog novca pokazujući da bitkoin može da postane dominantni čuvar vrednosti u budućnosti, a jedna od glavnih snaga knjige je njena sposobnost da objasni kompleksne ekonomske i tehničke aspekte bitkoina na razumljiv i jednostavan način.
Sajfedin Amus prvo prikazuje fascinantnu istoriju tehnologija novca i istražuje šta je tim tehnologijama dalo njihovu monetarnu ulogu, kako su je izgubile, šta nas to uči o poželjnim osobinama novca i kako je bitkoin osmišljen da unapredi te tehnologije. Amus zatim objašnjava ekonomske, društvene, kulturne i političke prednosti zdravog novca u odnosu na nezdrav novac kako bi omogućio relevantnu raspravu o ulozi koju bi bitkoin mogao imati u digitalnoj ekonomiji budućnosti. Umesto kao valuta za kriminalce ili jeftina masovna mreža za plaćanja, ova knjiga pokazuje kako bitkoin izrasta kao decentralizovana, politički neutralna, slobodnotržišna alternativa nacionalnim centralnim bankama, sa potencijalno ogromnim implikacijama za individualnu slobodu i prosperitet.
Sa ovim osnovama, knjiga prelazi na objašnjenje funkcionisanja bitkoina na lak i intuitivan način. Bitkoin je decentralizovani, distribuirani softver koji omogućava svojim korisnicima da koriste internet za obavljanje tradicionalnih funkcija novca bez oslanjanja na bilo kakve autoritete ili infrastrukturu u fizičkom svetu. Bitkoin se tako najbolje razume kao prvi uspešno implementirani oblik digitalne gotovine i digitalnog tvrdog novca – digitalni oblik zlata.
Amusovo čvrsto razumevanje tehnoloških mogućnosti kao i istorijskih realnosti evolucije novca omogućava istraživanje posledica dobrovoljnog slobodnog tržišta novca. Izazivajući najsvetije državne monopole, bitkoin pomera klatno suvereniteta od vlada ka pojedincima, nudeći nam primamljivu mogućnost sveta u kojem je novac potpuno odvojen od politike i nesputan granicama.
Završno poglavlje knjige istražuje neka od najčešćih pitanja u vezi sa bitkoinom: Da li je rudarenje bitkoina rasipanje energije? Da li je bitkoin za kriminalce? Ko kontroliše bitkoin i mogu li ga promeniti ako žele? Kako se bitkoin može uništiti? I šta misliti o svim hiljadama kopija bitkoina i mnogim navodnim primenama bitkoinove „blockchain tehnologije“?
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@ 16d11430:61640947
2025-01-06 03:55:21
Ah, the path to enlightenment has never been more accessible, my friends. Forget the mystics, the gurus, and the silent retreats. The ultimate deep meditative state is found by tuning your inner vibrations to the soothing hum of the money printer. That's right – the cosmic Brrrr is your new mantra.
Step 1: Assume the Position
First, sit comfortably in a position that screams "I understand fiat but choose to transcend it." Maybe cross-legged, maybe lounging in your gamer chair with a Bitcoin hoodie. Whatever works.
Step 2: Focus on the Sound
Close your eyes and visualize the printer in all its glory, churning out currency like a caffeinated octopus. Let the rhythm of Brrrr wash over you. This is not just a sound; it’s the vibration of a system so intricate, it persists by sheer force of mass cognitive dissonance.
Step 3: Sync with the Counter
Here’s the key: attune your mind to the rate of counter persistence. Each new unit of fiat materializes not as value, but as a data point in the algorithm of systemic confidence. Breathe in the inflation, exhale the diminishing purchasing power. Feel the balance.
Step 4: Become One with the System
As the printer continues its song, let your consciousness merge with the ledger of the world. Understand the duality: to some, it’s salvation; to others, a Ponzi scheme so complex even Madoff would blush. In this awareness lies the secret truth: the system operates because it must.
Step 5: Release and Reflect
Slowly emerge from your trance, whispering your final affirmation: "I am not a consumer; I am a node." Congratulations, you’ve transcended fiat reality. Treat yourself to a decentralized transaction to celebrate.
Post-Meditation Exercise:
For the fully enlightened, consider live-streaming your practice. Your audience will marvel at your ability to tune into a system that operates solely on the unspoken agreement that nobody asks too many questions.
Namaste, fellow printers of truth. May your sats always stack higher than the Fed’s balance sheet.
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@ 662f9bff:8960f6b2
2025-01-06 03:48:26
I remember taking this picture on the train from the airport into HK on my first morning after the overnight flight from Brussels via Zurich. Somehow I had expected that there might be a party on the plane since we flew over the end of the year, but...nothing! Also it did strike me as symbolic that I got a one-way ticket.
Great winter weather in HK this week - we spent [a few days away in Cheung Chau](https://rogerprice.me/211231/); for such a small island there are sooo many people living there and it is a totally different atmosphere to much of Hong Kong - very traditional and relaxed.
[211231 - Cheung Chau trip](https://rogerprice.me/211231/)
[Set 1/4 Set 2/4 Set 3/4 Set 4/4](https://rogerprice.me/211231/)
![](https://rogerprice.me/content/images/icon/favicon-5.ico)[Letter from ...around the worldRoger Price](https://rogerprice.me/211231/)
![](https://rogerprice.me/content/images/thumbnail/IMG_5869.jpeg)Click to see photos from the trip
Apart from that, quite a few hikes this week - you have really got to appreciate the good weather and convenience of HK. No matter where you go you can easily get to and from the hike with public transport and you have all conceivable environments available - beach, forrest, mountain and even city-walks. Not to mention [girls in the trees](https://rogerprice.me/220101-girls-will-be-girlz/)!
## Following
**Michael Saylor** is a required follow - gotta appreciate his clarity of vision and eloquence of explanation. The CEO! Do also check out Michael's legacy, [The Saylor Academy](https://www.saylor.org/). Saylor Academy is a nonprofit initiative working since 2008 to offer free and open online courses to all who want to learn. Offering nearly 100 full-length courses at the college and professional levels, each built by subject matter experts. All courses are available to complete — at your pace, on your schedule, and free of cost. [@saylor](https://twitter.com/saylor)
**Saifedean Ammous** - author of [The Fiat Standard ](https://saifedean.com/the-fiat-standard/)- required reading for these times to understand what the governments are doing to you and your savings. [@saifedean](https://twitter.com/saifedean)
**Jeff Booth** - author of [The Price of Tomorrow](https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405/ref=sr_1_2?keywords=the+price+of+tomorrow&qid=1574403883&sr=8-2) - further evidence, if needed that the current system (over 100 years in the making) is ending. Jeff has a unique ability to connect the dots to something bigger. Few books offer a more succinct, provocative, and enlightening view of the world as it is today, and what it could be tomorrow. Your world view will transform instantly. [@jeffbooth](https://twitter.com/JeffBooth)
## Listening
Coming to a city near you - Price Gouging, Price Controls, And Inflation.... [Pomp's latest newsletter read by him](https://pomp.substack.com/p/price-gouging-price-controls-and?token=eyJ1c2VyX2lkIjo0MDEyODUxMiwicG9zdF9pZCI6NDYzMDg4OTQsIl8iOiJ5bzBRQyIsImlhdCI6MTY0MTEwNjQwMCwiZXhwIjoxNjQxMTEwMDAwLCJpc3MiOiJwdWItMTM4MyIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.ufJGpEiYvLYTAMaBDMuhM8sbAnGHb8ZLAwlpO8RXD4g&utm_source=substack&utm_medium=email#play).
Joe Brown also explains how [Turkey inches closer to Hyperinflation](https://overcast.fm/+p-dpdGLe4). I do rather think that you need to pay attention to what happens here. Turkey ranks 11th place globally in terms of GDP at PPP in 2020 ahead of Italy and Mexico and just behind UK and France.
Super interesting interview of Cory Klippstein, CEO of Swan Bitcoin - indeed a reminder that we are still early: [SLP333 Cory Klippsten - Building for Bitcoiners](https://overcast.fm/+OBZlCH1-s/2:47)
## Watching
One of the best interviews of the year: **Peter and Lyn** [discuss Currency wars](https://www.youtube.com/watch?v=TWSIkBNegjA); I can listen to Lyn all day.
Equally informative is **James**' [Holiday special with Jeff Booth and Greg Foss](https://www.youtube.com/watch?v=5K6JPXlVh-Y)
Mark explains all about endless wars: [Central Banks Covert Plan For Never-Ending Stimulus | Get Ready](https://www.youtube.com/watch?v=TEbIJsLobYQ). And then, George G: [Breaking: Media Now Saying US Needs PRICE CONTROLS!!](https://www.youtube.com/watch?v=mvpXL-oFpJg)
James' [fast-paced outlook for 2022](https://www.youtube.com/watch?v=RO2gbzTJtzo&t=55s) is wide-ranging and informative
I do recommend: **Guy's** [tips for Security for your Crypto](https://www.youtube.com/watch?v=h6m7psfXxzQ)
## Reading
I finally finished [Harry Potter and the Order of the Phoenix](https://www.audible.com/pd/Harry-Potter-and-the-Order-of-the-Phoenix-Book-5-Audiobook/B017WO34IQ?ref=a_library_t_c5_libItem_&pf_rd_p=80765e81-b10a-4f33-b1d3-ffb87793d047&pf_rd_r=0WR4JP8KPFCK6RRM5NKN). I really did not like this book when I read it 18 years ago. Second time round, though still a dark read, you will spot so many parallels to what is happening in the world right now. Well worth the 30+ hours on audible.com or 896 pages! Not to mention that whilst the "first wave" from Voldemort is over there are two more episodes to come...
Still In my queue: Harry Potter - book 6 (**Half Blood Prince**) and book 7 (**Deathly Hallows**) ...
I have now started on [When Money Dies ](https://www.audible.com/pd/When-Money-Dies-Audiobook/B004DEYAS2?ref=a_library_t_c5_libItem_&pf_rd_p=80765e81-b10a-4f33-b1d3-ffb87793d047&pf_rd_r=PERH4EHHY721YTVT40J1)- The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar, Germany. This really is required reading for these times. Those who do not learn from history are doomed to repeat it. Once aware of them you will see signs all around you.
I think it is not linked on their website but still accessible if you know where to look (maybe download and safestore it before it disappears):[ The Bank of England 1914-21 (Unpublished War History)](https://www.bankofengland.co.uk/archive/bank-of-england-1914-21-ww1). This corroborates and elaborates on what you can read in [The Creature from Jekyll Island](https://www.audible.com/pd/The-Creature-from-Jekyll-Island-Audiobook/B00DZUGWX6?qid=1641109461&sr=1-1&ref=a_search_c3_lProduct_1_1&pf_rd_p=83218cca-c308-412f-bfcf-90198b687a2f&pf_rd_r=BVAQ5VZHY39AYPT6ZJX8).
## **That's it!**
> ***No one can be told what The Matrix is.*** \
> ***You have to see it for yourself.***
Do share this newsletter with any of your friends and family who might be interested.
You can also email me at: [LetterFrom@rogerprice.me](undefined)
*💡Enjoy the newsletters in **your own language** : [Dutch](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=nl&_x_tr_hl=en-US&_x_tr_pto=wapp), [French](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=fr&_x_tr_hl=en-US&_x_tr_pto=wapp), [German](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=de&_x_tr_hl=en-US&_x_tr_pto=wapp), [Serbian](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=sr&_x_tr_hl=en-US&_x_tr_pto=wapp), Chinese [Traditional](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=zh-TW&_x_tr_hl=en-US&_x_tr_pto=wapp) & [Simplified](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=zh-CN&_x_tr_hl=en-US&_x_tr_pto=wapp), [Thai](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=zh-CN&_x_tr_hl=en-US&_x_tr_pto=wapp) and [Burmese](https://rogerprice-me.translate.goog/?_x_tr_sl=en&_x_tr_tl=my&_x_tr_hl=en-US&_x_tr_pto=wapp).*
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@ 22c5769e:09af4623
2025-01-05 22:49:48
I made my mother in law bday donner
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@ 22c5769e:09af4623
2025-01-05 22:45:25
I can't wait to start something small with my dream goal to which is to start my own food truck by starting something small by selling eggroll. My passion is cooking, I love to learn new recipe and create my own recipe. My family& friends loves my cooking #foodstr
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@ 3f770d65:7a745b24
2025-01-05 18:56:33
New Year’s resolutions often feel boring and repetitive. Most revolve around getting in shape, eating healthier, or giving up alcohol. While the idea is interesting—using the start of a new calendar year as a catalyst for change—it also seems unnecessary. Why wait for a specific date to make a change? If you want to improve something in your life, you can just do it. You don’t need an excuse.
That’s why I’ve never been drawn to the idea of making a list of resolutions. If I wanted a change, I’d make it happen, without worrying about the calendar. At least, that’s how I felt until now—when, for once, the timing actually gave me a real reason to embrace the idea of New Year’s resolutions.
Enter [Olas](https://olas.app).
If you're a visual creator, you've likely experienced the relentless grind of building a following on platforms like Instagram—endless doomscrolling, ever-changing algorithms, and the constant pressure to stay relevant. But what if there was a better way? Olas is a Nostr-powered alternative to Instagram that prioritizes community, creativity, and value-for-value exchanges. It's a game changer.
Instagram’s failings are well-known. Its algorithm often dictates whose content gets seen, leaving creators frustrated and powerless. Monetization hurdles further alienate creators who are forced to meet arbitrary follower thresholds before earning anything. Additionally, the platform’s design fosters endless comparisons and exposure to negativity, which can take a significant toll on mental health.
Instagram’s algorithms are notorious for keeping users hooked, often at the cost of their mental health. I've spoken about this extensively, most recently at Nostr Valley, explaining how legacy social media is bad for you. You might find yourself scrolling through content that leaves you feeling anxious or drained. Olas takes a fresh approach, replacing "doomscrolling" with "bloomscrolling." This is a common theme across the Nostr ecosystem. The lack of addictive rage algorithms allows the focus to shift to uplifting, positive content that inspires rather than exhausts.
Monetization is another area where Olas will set itself apart. On Instagram, creators face arbitrary barriers to earning—needing thousands of followers and adhering to restrictive platform rules. Olas eliminates these hurdles by leveraging the Nostr protocol, enabling creators to earn directly through value-for-value exchanges. Fans can support their favorite artists instantly, with no delays or approvals required. The plan is to enable a brand new Olas account that can get paid instantly, with zero followers - that's wild.
Olas addresses these issues head-on. Operating on the open Nostr protocol, it removes centralized control over one's content’s reach or one's ability to monetize. With transparent, configurable algorithms, and a community that thrives on mutual support, Olas creates an environment where creators can grow and succeed without unnecessary barriers.
Join me on my New Year's resolution. Join me on Olas and take part in the [#Olas365](https://olas.app/search/olas365) challenge! It’s a simple yet exciting way to share your content. The challenge is straightforward: post at least one photo per day on Olas (though you’re welcome to share more!).
[Download on iOS](https://testflight.apple.com/join/2FMVX2yM).
[Download on Android](https://github.com/pablof7z/olas/releases/) or download via Zapstore.
Let's make waves together.