@ 2063cd79:57bd1320

### On-Chain Analytics Unter On-Chain Analytics versteht man die Analyse von Daten, die auf jeder beliebigen Blockchain vorhanden sind. Diese Daten sind auf der Chain, also on-chain und somit für jedermann jederzeit und von überall abrufbar. Genauer bieten Blockchains Daten über Adressen, Transaktionen und in gewisser Weise auch über Wallets. Diese Informationen können verwertet werden, um verschiedene Sachverhalte darzustellen. Es gibt unzählige Anwendungsbeispiele, aber nur um eine Handvoll einfacher Anwendungen zu nennen, können Transaktionsvolumen, Preisbewegungen, Verhalten großer Wallets (Whales) oder die Anzahl ruhender oder sich bewegender bitcoins nachvollzogen werden. Metriken, sind Beispiele dafür, wie z.B. Hashrate, Hashpreis, Realized Price, Mempool, diese Anwendung von Datenanalyse durch Information, die die Blockchain automatisch zur Verfügung stellt, nutzbar macht. Diese vermutliche Transparenz führt dazu, dass in der Theorie jede Bewegung nachverfolgt werden kann, die im digitalen Raum eine direkte Verknüpfung zum realen Raum (also dem sogenannten Meat-Space oder dem "echten Leben”) hat, an dem man ansetzen kann. Ein ganz einfaches Beispiel: Wenn ich eine bestimmt Menge Bitcoin bei einer Börse erwerbe, bei der ich mich zuvor ausweisen musste, um die Dienstleistungen in Anspruch zu nehmen, und mir anschließend diese erworbene Menge Bitcoin auf meine Wallet überweise, um sie in Selbstverwahrung zu halten, ist es gewissen Teilnehmern möglich, meine Wallet zu identifizieren, bzw. mir zuzuordnen. Die Börse, und damit im Zweifelsfall auch ein Gericht oder ein Staat, kennen die Bitcoin-Adresse, die sie meinen Ausweisdaten zuordnen können. Die Transaktion und die damit verbundenen UTXOs sind damit auch mir zuschreibbar und die Wahrscheinlichkeit, dass ich Eigentümer der Zieladresse bin, ist auch sehr hoch. Vor allem, wenn ich öfter Transaktionen von der Börsen-Adresse zu der gleichen Zieladresse ausführe. Dieses Verfahren wird auch Heuristik genannt und bedient sich wahrscheinlicher Annahmen, also z.B. wiederkehrender Muster. Diese Methode machen sich große Blockchain-Analyse Firmen zu eigen, deren Geschäftsmodell vorsieht, ihren Kunden Dienstleistungen dieser Art zu verkaufen. Services wie Adressen-Screening, Transaktions-Monitoring oder Business Intelligence Tools sollen Blockchain- und Finanzunternehmen, aber auch Regierungseinheiten das Analysieren von Daten auf der Blockchain erleichtern. Bis heute behaupten viele, die Blockchain sei anonym, dabei ist sie bestenfalls pseudonym. Denn natürlich kann man in keinem Block Explorer nach einem im Ausweis geführten Klarnamen suchen; doch wenn einmal die Verbindung zu einer Adresse hergestellt ist, kann man z.B. nach einer Adresse suchen und alle Transaktionen sowohl zu, als auch von dieser Adresse nachvollziehen. Manche Anbieter gehen bei ihren Dienstleistungen dann so weit, dass sie bekannte Adressen labeln und zusammenführen, um damit ein Abbild des gesamten Handels oder Vermögens darzustellen. So assoziiert beispielsweise der Anbieter Nansen verschiedene Adressen mit den Börsen Huobi und Crypto.com: Huobi Crypto.com Was sehr gut ersichtlich wird, sind die Vermögenswerte, die sich in den angegebenen Wallets befinden, und auch werden Verhältnisse grafisch gut aufbereitet, sodass auch ein Laie schnell erkennen kann, dass in diesem Beispiel 20% des Gesamtbestands an Vermögenswerten bei Crypto.com aus Shiba Inu Coins besteht (!!!) - was mir bei einem Gesamtvermögen von 2,3 Milliarden US Dollar nur ein ganz kleines bisschen fragwürdig erscheint! Und das genau ist das große Problem. Denn was On-Chain-Analyse ermöglicht, ist ein Einblick in das Guthaben verschiedener Wallets. Bleiben wir bei unserem Beispiel Crypto.com: Anhand von Nansens Analyse-Tool können wir schnell sehen, dass die mit Crypto.com assoziierten Adressen knapp unter einem Drittel (gemessen am Gesamtvermögen) an Bitcoin halten, ein gutes Fünftel besteht aus japanischen Hunde-Tokens und knapp ein Viertel aus Stablecoins in Form von Circle-Jerks und Feathers. Cool, konzentrieren wir uns also auf Bitcoin: Crypto.com Crypto.com halten (Stand heute) also knapp 46.000 bitcoins in ihren Wallets, bei heutigem Kurs ca. 784 M US Dollar wert. Das sind immerhin 45.999 bitcoins mehr, als FTX in ihren Wallets hatten. Doch sagt uns dies nichts darüber, ob a) dies auch der Menge an bitcoins entspricht, die Nutzer glauben auf Crypto.com eingelagert zu haben (Paper-Bitcoin Problem), oder ob b) diese Anzahl an bitcoins auch komplett unbelastet in einem sicher verwahrten Cold-Storage liegt und nicht als Sicherheit für einen anderen Kredit genutzt wird, oder schlichtweg verliehen wurde (nur weil eine Adresse mit Crypto.com assoziiert wird, heißt es nicht unbedingt, dass nicht auch Dritte Zugriff auf die privaten Schlüssel haben - weil z.B. verliehen, veruntreut, verbummelt). <img src="https://blossom.primal.net/1cd81fbf24c1d4c5ffdd8703e39f51dfde68dd49b8fba89623b4021969dbd073.gif"> Das allergrößte Problem allerdings besteht in der einseitigen Betrachtung der ganzen Angelegenheit - dazu mehr, wenn wir uns PoR anschauen - denn alles, was wir hier sehen, sind die "Vermögenswerte" bzw. Assets, die in den jeweiligen Wallets liegen. Wir bekommen gar keine Auskunft über die Verbindlichkeiten, die diesen Vermögenswerten gegenüberstehen. Viel schlimmer noch: Wir können uns nicht einmal wirklich sicher sein, dass es sich um tatsächliche Vermögenswerte handelt, da diese ja unter Umständen schon verliehen oder als Sicherheit anderweitig verwendet worden sind. Schließlich bekommen wir ja gar keine Auskunft darüber, was Krypto-Unternehmen-XYZ mit seinen Vermögenswerten anstellt. Es gibt keine Regeln, Gesetze oder anderweitige EInschränkungen, die besagen, dass ein Unternehmen, das teilweise oder sogar nur in minimaler Form Vermögenswerte in Bitcoin oder 💩hält, auch automatisch alle anderen Transaktionen auf einer oder allen Blockchains veröffentlichen muss. Dementsprechend bekommt man vorallem bei hybriden Unternehmen, die irgendwo den Spagat zwischen "Blockchain/ Crypto" und TradFi machen, aber auch bei Blockchain-only fokussierten Unternehmen, ein Gefühl, dass man Transparenz erlangt, wobei dies eigentlich überhaupt nicht der Fall ist. https://x.com/DylanLeClair\_/status/1594072133147181056 Eine der großen Fragen im Zusammenhang mit dem Mt.Ftx Fiasko ist, warum z.B. große Chain-Analytics Anbieter, wie Chainalysis (kann nur ich so viele Vokale am Stück nicht vernünftig aussprechen?) den großen Schwindel nicht früher erkannt haben. Warum haben diese Firmen nicht früher versucht, ähnlich wie in unserem Beispiel von Crypto.com, Adressen zuzuordnen, um damit festzustellen, dass alleine anhand der Vermögenswerte (zu wenig Bitcoin, zu viel FTT, MAPS, SRM, etc.) irgendetwas am Geschäftsmodell von Alameda/ FTX nicht ganz sauber war? <img src="https://blossom.primal.net/67902b9fda405178ca83d7ccacfb2ec2d4d785a9e6ebfde23a2922ea327e8e54.gif"> Das Problem ist und bleibt die Heuristik. Man kann nie mit 100%iger Genauigkeit sagen, dass man alle Adressen einem Nutzer, Besitzer, oder Unternehmen komplett und lückenlos zugeordnet hat. Besonders bei vermeintlich großen und vermeintlich ausgeklügelten, der großen Masse voraus schwimmenden, cutting-edge Unternehmen - wie FTX - , ist die Annahme automatisch, dass diese über bessere Privatisierungs- und Sicherheitsmethoden verfügen, als der normale Bitcoin- und/oder Kryptonutzer. Wenn diese Firmen auch noch privat sind, und die einzigen Personen mit Einblick in Pitch-Decks oder vorgebliche Geschäftsberichte, diese aus wettbewerblichen Gründen nicht öffentlich machen, bleibt eben nur das Grundvertrauen, das durch Werbung, durch die vermeintliche Größe des Unternehmens (sprich Aufmacher in Forbes oder Fortune, Super-Bowl-Werbungen mit Tom Brady, etc.), oder durch Shilling (also das Bewerben durch "Bitcoin-Maxis" in Newslettern oder Podcasts, etc.) vermittelt wird, um einem das Gefühl zu geben, dass es mit rechten Dingen zugehen MUSS, wenn so ein riesiges und beliebtes Unternehmen gewisse Behauptungen von sich gibt. https://www.theblock.co/post/189676/how-much-bitcoin-does-el-salvador-have-good-luck-getting-an-answer Ganz ähnlich verhält es sich wohl auch bei El Salvador. Genausowenig, wie andere Staaten ihre Kontoauszüge veröffentlichen und jeder interessierten Schnüffelnase Zugang zum Allerheiligsten gewähren, muss man sich auch bei El Salvador auf das Wort des Souveräns verlassen und davon ausgehen, dass die Angaben, sowohl über den aktuellen Stand des gehaltenenen Bitcoin-Vermögens (oder im regulären Fall, der Einnahmen gegenüber der Ausgaben), als auch über die tatsächliche Umsetzung der Ankündigung, jeden Tag einen bitcoin zu erwerben, einer Prüfung standhalten würden. https://x.com/DylanLeClair\_/status/1596345377154007041 Letzten Endes kann man sagen, dass On-Chain-Analyse natürlich viele Vorteile hat. Gegenüber traditionellen Anlageklassen bringt die Information, bzw. die Möglichkeit der Echtzeit-Datenerhebung ganz, ganz viele Vorteile mit sich. Ein Markt, der 24/7/365 gehandelt werden kann, braucht natürlich Vergleichsdaten in Echtzeit. Allerdings wahrt diese vermeintliche Transparenz in Daten, Verhaltensmustern, Sentiments und Patterns nicht davor, dass die nach außen kommunizierten und vor allem AUF der Blockchain verfestigten Informationen, nicht auch ein nicht veröffentlichtes und nicht auf der Blockchain verankertes Gegengewicht (z.B. in der Form von Sicherheiten) birgen. https://x.com/BitcoinMagazine/status/1597208278093955072 --- Am Ende bleibt auf jeden Fall zu sagen, dass eine der momentan am wichtigsten zu verfolgenden Metriken, die der Bewegung von bitcoins auf bzw. von Börsen ist. Alleine in den letzten 2 Wochen wurden über 200.000 bitcoins von Börsen genommen. Das bedeutet nicht, dass diese verkauft wurden, sondern, dass diese tatsächlich aus Börsen-assoziierten Adressen in private Adressen verschoben wurden. Der Einzelhandel und kleine Wallets, die Bitcoin in ihren Cold-Storage verlagern, ist die Verkörperung des Bitcoin-Ethos. Dies bestäkrt eigentlich nur, was ich eigentlich diese Woche sagen wollte: Die einzig wirklich sichere und bedeutsame Form von Chain-Analysis ist die der Eingabe der eigenen Keys zur Überprüfung, dass bei der Selbesverwahrung alles im Reinen ist (Analogie zu früher: Kontoauszug ziehen, bzw. PIN überprüfen). 🫳🎤 --- In diesem Sinne, 2... 1... Risiko!‌ 

@ c11cf5f8:4928464d

Let's hear some of your latest Bitcoin purchases, feel free to include links to the shops or merchants you bought from too. If you missed our last thread, [here](https://stacker.news/items/781052/r/AG) are some of the items stackers recently spent their sats on. originally posted at https://stacker.news/items/789759

@ 81cda509:ae345bd2

  @**florian | Photographer** **Studio-Shoot** * #[photography](https://yakihonne.com/tags/photography) * #[picstr](https://yakihonne.com/tags/picstr) * #[grownostr](https://yakihonne.com/tags/grownostr) * #[artonnostr](https://yakihonne.com/tags/artonnostr) “Know thyself” is a phrase attributed to the ancient Greek philosopher Socrates, and it has been a cornerstone of philosophical thought for centuries. It invites an individual to deeply examine their own thoughts, feelings, behaviors, and motivations in order to understand their true nature. At its core, “Know thyself” encourages self-awareness - an understanding of who you truly are beneath the surface. This process of introspection can uncover your strengths, weaknesses, desires, fears, and values. It invites you to acknowledge your habits, biases, and patterns of thinking, so you can make more conscious choices in life. Knowing yourself also involves understanding your place in the larger context of existence. It means recognizing how your actions and choices affect others and the world around you. This awareness can lead to greater empathy, a sense of interconnectedness, and a more authentic life, free from the distractions of societal expectations or superficial identities. In a practical sense, knowing yourself might involve: 1. Self-reflection: Regularly taking time to reflect on your thoughts, feelings, and experiences. 2. Mindfulness: Practicing awareness of the present moment and observing your reactions without judgment. 3. Exploration: Being open to trying new things and learning from both successes and failures. 4. Seeking truth: Engaging in honest inquiry about your motivations, desires, and beliefs. 5. Growth: Continuously learning from your past and striving to align your actions with your inner values. Ultimately, “Know thyself” is about cultivating a deep, honest understanding of who you are, which leads to a more fulfilled, intentional, and peaceful existence.

@ 5d4b6c8d:8a1c1ee3

We've arrived at the final round of Group Play. Everyone survived this past round, although the Wolves almost let @gnilma down. This will be the last opportunity to use a rebuy, should your pick lose this round. Once we're into the Knockout Rounds, it's single elimination. # Friday's Games 75ers @ Hornets Wizards @ Cavs Bucks @ Pistons Magic @ Knicks Pacers @ Raptors Jazz @ Thunder Grizzlies @ Mavs Spurs @ Suns Warriors @ Nuggets Rockets @ Kings Blazers @ Clippers # My Pick Normally, I like to wait until closer to the games, but I know I'm taking the Cavs this round. They've already been eliminated from the tournament and they're playing the lowly Wizards. If you want to read up on who's likely to make/miss the Knockout Rounds, @gnilma had a detailed [breakdown](https://stacker.news/items/788592/r/Undisciplined) earlier today. # Prize We're just shy of 60k, so I'll just commit to the prize being at least 60k. May the odds be always in your favor. originally posted at https://stacker.news/items/789403

@ 3c827db6:66418fc3

### The Dystopian Present – Fiat Has Made Us All Digit Addicts Everyone wants to make you an addict. Some people sell illicit drugs on the black market and want you to become addicted to them so they can profit from you. The dealers naturally focus on drugs that are physically addictive because they are often the hardest to kick. When they do manage to addict you to them that becomes harder and harder over time. For drug lords and dealers, this is heaven. This virtually guarantees that all customers will be regulars, at least for as long as they survive. For the addict, it depletes the quality of their life. They start to live from one fix to the next. The problem for the dealers is the illegality of the product. Staying in business as a dealer requires a lot of care, caution, and expense. Additionally, much of the total addressable market (TAM) is turned off by drugs’ bad reputation. So what do you do? If the problem is legality, make legal drugs. The drugs sold in pharmacies are legal and in many cases no less addictive. There’s a drug for every complaint and three dozen for the common cold viruses. Some, like a simple nasal spray, are addictive and can lead to a chronic condition which “locks” you in for life. It’s the same basic business model as the street dealer but with less friction, lower risk, and much better optics. The barrier to entry is that the clients have to be "sick". Now consider supermarkets, where the market is perhaps saturated, but the TAM is almost 100% of the population – everyone eats. Junk food can be quite addictive and can make its users sick. Sick junk food junkies might turn to pharmaceuticals without changing their habits, compounding the problem. Now the cycle is complete. As bad as such addictions might sound, and as widespread as they are, the current global addiction is yet worse: the addiction to digits pandemic. The first case of addiction to digits is in terms of fiat currencies. They have the benefit of transacting with everyone in a particular country. It is very convenient to use those digits as a medium of exchange. Those digit addicts usually say: "I can't buy anything with bitcoin, so I am not going to buy any." They are saying, “I am addicted to the benefit of a convenient medium of exchange even though my purchasing power will deteriorate.” Some people realise that money is usually static. It’s active when people are transacting and passive when they’re just keeping it for later. To be an effective store of value, money needs to preserve (or grow!) its purchasing power over time. A person should not earn the same money twice. When I have savings I should not be forced to actively manage it. So whole market segments focus on the passive use of money. It is strange how the system forces you to actively use your money to solve the passive use - it kind of defeats the purpose. Still, you can't let it degrade because of inflation. Here there are a few main categories - bonds, real estate, equities, gold, and art. The bond's benefit is its promise to return more digits after some period. “Guaranteed” by the state. And they truly do! They give you the benefit of increased digits and at the end of the period even with the more digits, your purchasing power is less than when you started. Still, it beats the ones that just saved. The bond digit addicts will not buy bitcoin because bitcoin in cold storage pays no interest. The real estate benefit is a digit "yield" in the form of rent and the digit value of the property will be higher. The value of the real estate is a function of the returns it generates every month. The digit value of the building increases because the degrading of the fiat digits happens faster than the degradation of the physical structure. Real-estate addicts will not buy bitcoin because it is not physical and does not pay any digits for rent. Financial “engineers” invent products for people to bet on against each other. The whole premise of a stock market is that you sell something you have for another thing that may increase in digit value. Each trade has a winner and a loser, but like in a casino, the house always wins in the end. Just another addiction with another kind of dealer. The Bitcoin system is unifying everything into one. In a bitcoin economy, there are no losers because one person’s profit is not necessarily a loss for another. Those addicts would not buy Bitcoin because there is no betting system in Bitcoin and can't do call or put options or other illusionary "engineering" things so the insiders benefit. If you just buy Bitcoin and HODL for when you need it then all the dealers of that addiction will be out of business. Gold addicts are addicted to the metal without realizing how it can be used against them. How can anyone tell us how much the market cap of gold is if no one can tell us the exact weight digits of gold that it is found? This is the true Schrödinger's cat these days. Now owning gold is represented only by a number on a screen, reducing it to the same status as fiat. With fiat currencies, one piece of paper has the number 1 on top and the other has the number 100 on top. ***We do not care that they are on the same paper value but we value the digits that are written on the paper.*** The gold digit addiction is the same, but it took longer to foster because everyone can measure its weight rather than rely on arbitrary numbers. Nobody can put 100 on top of 1 kilo of gold and tell you that it is 100 kilos. But since digital displays of gold ownership have largely replaced physical possession, it follows the exact same mechanism as paper. Gold addicts say that bitcoin does not have any physical (metal) properties, so it has no value, and they won’t buy it. How about the art digit addicts? Their views on bitcoin aren’t very well known since they aren’t very active in the discourse. The benefit of art is in the emotions it evokes. When Bitcoin starts to demonetize the art industry, we will see art digit addicts defending its value. Art should be art, it should not be a method for a store of value. The next digit addiction dominating today's societies is loyalty programs, like air miles, and loyalty points for discounts, promotions, and exclusive offers. Even to this day, my grandma is looking through the brochure of EVERY store in the area to find a discount of 10 cents cheaper bananas per kilo. Because the companies can't print currency digits they print loyalty digits. They not only have much greater purchasing power inflation than currencies (most of the time) but they also have much greater controls over when, where and how to actively use them. The addicts of the loyalty digits start orienting their lives around the loyalty program digits and the dealers love it. The next digit addiction is social media. People get addicted to subscribers, likes, views, etc. The benefit they provide is the platform, the ability to reach a far greater audience than through face-to-face interactions. This addiction is not directly connected to money, but all those digits are what promoters, sponsors and everyone is looking at sponsors and subscribers automatically convert metrics into value to assign worth in fiat. The next digit addiction is to video games. Gamers get addicted to the tokens needed to "unlock" the "special" item. They start chasing those token digits so hard in the virtual world that they forget to live in the real one. As young players age, their addictions often graduate from game tokens to other digit dealer systems. The current FOMO digit addiction is to blockchains. Their benefits include faster transactions, more anonymity, and smart contracts to get you hooked. If the creator is not a direct scammer and truly wants to give those benefits to people he is essentially saying that the benefit that he gives is more important than incorruptible money. The benefit of smart contracts is greater than incorruptibility. That is probably a misunderstanding that secure and decentralised money is the base that gives you certainty to build everything on top. If you want to launch rockets into space you do not change gravity to make your use case easier to achieve. If you do, you will destroy all the sports where people need to jump. All the tall buildings and trees will be collapsing because for winds it will be much easier to tilt them. You destroy the way of life on earth but it is nice that we can go to space. ***If you believe that the benefit is worth it then do the work and build it on Earth without destroying it. Build on Bitcoin!*** The next addiction is to the digits of the custodians. Bitcoin ETFs were hotly anticipated and have received plenty of acclaim. But their custodians are getting the punters hooked on convenience. Give me your bitcoin in my custody because you are inadequate to hold it yourself. Give me your Bitcoin, and I will give you digits. The common trait among all of these digit addictions is that they offer some benefit in return for dependence on certain digit lords. Once people experience the benefit, it becomes that is the thing that traps them. That is one of the struggles of the Bitcoiners to accept that there are benefits to all of the addictions mentioned above. Bitcoin has its benefits and limitations, but the benefits of Bitcoin do not negate the benefits of other things. This is the source of the greatest conflict between bitcoiners and crypto bros. Bitcoiners should not dismiss other crypto just because they are shitcoins. Instead, we should enter the arena and out-compete them just like we have been for the past 15 years. Some of them do provide nice benefits to get people hooked to their blockchain digits. When we as bitcoiners do not compete with them and learn what we can, we are going to deprive Bitcoin of those benefits. Bitcoin probably shouldn’t adopt every feature that emerges somewhere in the cryptosphere, but competition fosters improvement. As a former professional athlete, I can say that my skills improved the most after losing to a weaker opponent. When a weaker opponent defeats a stronger one, it only means that he revealed a weak spot. Just because the weaker opponent won does not imply that the rules are unfair and need to be changed or the weakling should be disqualified. That is the tactic of the fiat digit lords. If we want to beat more powerful opponents (i.e. fiat currencies), we must also face the weaker ones. Bitcoin’s obvious weak spot was, until recently, its throughput. Enter Lightning Network.. Privacy? Welcome to eCash on top of Bitcoin. ### The Battle for Control Continues in a New Domain – The Digit Lords Are Capturing Bitcoin Digit Addicts The addiction is so ingrained in all of us that even when someone understands Bitcoin and its implications, they transfer their digit addiction onto Bitcoin. For them, the addiction manifests in HODLing, and the object of their obsession is "How much do I have??" and “Is the number going up??” I HODL and want the digit value to rise to give me the "fix" that I need. Still intoxicated by other digits, they are the easiest prey for the custodian digit platforms. By contrast, real Bitcoin maximalists value proof of work above all. Their primary goal is to build a better life for everyone through Bitcoin. Unless you’re building, you’re just a digit addict chasing your high with Bitcoin. Different people get addicted to different digits. But even if someone benefits a lot from their addiction, that does not mean it is right for you. Michael Saylor was instrumental in helping me recover from my fiat addiction and going clean on Bitcoin. At the same time, he’s hooked on the custodians’ digits. After all, he has billions in the custodians’ digit ecosystem. He preaches to people that it is better to have more custodians of bitcoin. Let's go ask all the “gold bugs” how that thing turned out for them. Do not get me wrong all the benefits that he is saying are right and they are benefits so what is the difference? The difference is in the control. In the addictions described above, the users get the high, but they also get hooked. At the same time, a small group keeps control over the digits the addicts use and claims themselves as digit lords. In all those digit addictions, the mechanism is the same. Fiat digits are controlled by fiat digit lords. Air miles digits are controlled by the airline digit lords. Crypto bros are producing ever more blockchain digits with benefits that Bitcoin does not have (yet) to become the blockchain digit lords. The custodian's digits are controlled by the screen digits lords. They all control the addicts through the digits. Another reason why the addiction analogy fits so well is that detoxing is so hard. Wonder why "Orange Pilling" is a struggle? Have you tried to take the cocaine away from an addict, or the insulin of a diabetic, or the chocolate from a fat kid? Resistance is natural. A real estate mogul who has spent decades mastering his trade and amassing a fortune is naturally going to resist any force that could demonetise his industry. The HODLer junkies profiting from BlackRock’s ETFs and similar custodians will naturally resist any threat to the number-go-up fix. That is a marriage made in heaven. For the HODL digit addicts, you can see what infrastructure the custodians are setting up to capture you. Check the work of Whitney Webb and Mark Goodwin in their collaborative articles about that topic. Gold provides a clear example of how the digit custodians work. To analyse gold, you go to a goldsmith who can assess the gold’s weight and purity, not an ETF dealer. The ETF dealer is just the street pusher for the ETF digit lords. They can describe the imaginary trend lines on top of their imaginary digits that are disconnected from the metal. Unless that particular ETF dealer has a direct line to the gold digit lords, his opinion is absolutely worthless. He is just the digit addiction dealer pushing someone else’s product to get his cut. Bitcoin ETFs are no different. ***Bitcoin can be used as a real store of value! In the fiat system, it is mainly “You store my value!”*** The digit lords’ model has its weaknesses. Some try to exploit the model’s mechanics for their own benefit and to avoid becoming addicts. For example: - counterfeiting fiat - insider trading in the store of value digits - hard and soft nepotism in the loyalty digit programs - hacks in games - all of the above in blockchains Even though they are not obeying expected addiction behavior, they are still addicts by chasing the same digits. The difference is that if they succeed they are branded criminals (hackers) by the digit lords. They are using the control system as designed and demonstrating that the whole system is exploitable. The exploiters can attain enormous power by those actions but that is not the intention of the system. The digit lords need control to remain a privilege and guard it jealously so that no one else can own the digits but them. That is why they need us to be hooked: no single person’s effort can overcome control over the digits. That is why any system that is disconnected from work will fail in the Bitcoin era. Bitcoin is the panacea able to cure all addictions. There is no free lunch in Bitcoin. Once connected to the open and permissionless Bitcoin network, all wallets, all investments, all loyalty promotions, all social media, all gaming tokens, and all blockchains will benefit from bitcoin and their first-mover advantage. ### First Look at The Addiction The Right Way - Then Take Responsibility to Break It and Be Free Beyond the number go up addicts, analysts are also addicted to the models evaluating all the addiction digits. If Bitcoin is something genuinely new, then why are we using the same old modeling principles? The power-law model fits a number of real-world phenomena, including bitcoin through most of its history. From the growth of cities to metabolic rates and many other correlations relating to energy expenditure, the power law applies in a surprising number of cases. The power law is a functional relationship between two quantities, where a relative change in one quantity results in a relative change in the other quantity proportional to a power of the change, independent of the initial size of those quantities. In other words one quantity varies as a power of another. Funny how the name of the model coincidentally (or not) suggests using it for things connected to power. Bitcoin is inseparable from energy (power), so the power law is probably the proper tool. That is why the power law of the hash rate will never break even if the fiat price power law might. Since engineers have built Bitcoin, their models explain the technology best. But when it comes, to financial analysts they are not modeling reality - they are trying to model the collective psychology about particular digits. Elon Musk is not going to land a rocket on Mars powered by likes or fanboys. The only way is to model reality and then build it. Reality is uncompromising, and inspiration only takes you so far. Either the model is accurate and the execution works, or the rocket explodes. Over time, reality will defy even the best financial models, but they can accurately capture what the collective psychology values in the short term. That’s why the financial “engeneers” hypnotize the digital addicts and get them hooked. In the meantime, Bitcoin continues to do its thing regardless of what any of us think about its future - it is an uncompromising force of nature. Perhaps there’s a less fickle way to evaluate companies. Let's take NVIDIA, the current FOMO stock. The digit value unit of a stock is connected to a digit unit of the share. Neither quantity is directly connected to energy and, therefore, can be created at will. But what if someone maps the produced GPUs by NVIDIA? It is just a hunch but it probably follows a power law - the production capacity of the chips is limited by physics. The production of the company can’t break reality to scale but when you cross-reference it with the stock price, you may see when those digits are driven by the current psychology of the “market” or by fundamental value. Giovani Santostasi is the person to do the math on that and say if he can innovate a new way of evaluating stocks with the power law model. I may be talking out of my ass for the stocks valuation application of the model but he proved that this is the only model that maps the journey to hyperbitcoinisation. And what about digits that no one controls? Some digits are connected to reality, which is very useful: the digits for time, the digits for length, the digits for weight, and the digits for temperature. Reality does not care about what we think about it. Reality just is, and we use digits to understand it. That is the language of the engineers, not economists. The numbers not connected to physical energy are numbers backed by a group's opinion. They can be captured and controlled. Engineers’ digits are free. They resist control. Even those who haven’t mastered them can benefit from those who have. They are the ones building the roads, the computers, and everything else we need in modern life. The difference between open digits and controlled digits is that the addicts of the controlled digits depend on the digit lords for where, when, and how they can benefit. You can't use the digits of one country outside its borders freely. You can't use one company’s loyalty digit points with its competitors. You can't use the token digits from a game to buy a coffee. You can't buy MicroStrategy stock digits without a bank account. Michael Saylor always says that there is nothing worth buying in Africa even if you had a billion dollars to spend. That is grossly biassed towards the passive use of money – saving their purchasing power. If you are a billionaire it sure is a problem. But if you want humanity to flourish, the most important thing is to build stuff! Africa is a very important part of humanity, and we need to figure out what to build and how to facilitate spending, so they can get to the point of caring about store of value billionaire digit addiction problems and even beyond the addicion. Saving is just a partial view of that one store-of-value use case. My point is not that Saylor is wrong to protect his castle. Rather, we need to build castles for everyone and then they can start protecting them. His blind spot is that the custodians now want to co-opt Bitcoin as a store of value so they can continue the 2% inflation game and remain digit lords. The difference is that with Bitcoin the 2% inflation game runs on a decentralised global standard. Different countries and banks can connect to it and profit, but that attracts the degenerate custodians (companies, banks, and states) that will print digits on top of Bitcoin. At some point, a bank run on the most degenerate custodian digit lord is inevitable. Then the domino effect of bankruptcies that they can stop in the fiat system is not something that they can do in the Bitcoin system. So buckle up! The biggest volatility may lie ahead. ***The people that we call poor do not have access to custodian institutions, but now they can run their own Bitcoin nodes.*** For the first time ever, unprivileged societies have the tools to take back all the purchasing power that was stolen from them by the digit lords without spilling blood. Take control of the math you use, and take control over the money you use, so you can take control of the life you lead. Otherwise, there will come a time when you will beg someone in control to come and save you. This message is addressed to those without control, but this message is also relevant to those who already realise what Bitcoin is and need to prepare for the day when the addicts come and beg us to save them. ***We need to start working on becoming people of virtue --Alex Svetski***\*.\* We must not become digit lords, but actually detoxify people effectively and cooperate. Do not sit on your hands, just HODLing. Build that future. Anyone who’s been in Bitcoin for more than 4 years (one cycle) should be running a node and taking more control into their hands. Anyone who has profited from Bitcoin’s appreciation should be thinking about what they want and how to integrate Bitcoin into those goals. No coding or technical expertise is required. All the analog infrastructures need to be integrated with the Bitcoin infrastructure. Barbers need to start accepting Bitcoin and telling the community. The barber infrastructure has to be connected to the Bitcoin infrastructure along with all the others. The digit lord companies should consider replacing air miles with sats? Replace in-game tokens with milisats? The digit lords could do this immediately. This is Bitcoin’s ultimate, imminent network effect. Inflation in all the addiction digits will accelerate. The digit lords will do everything they can to keep addicts in their digit drug ecosystem. At the same time, companies that have already adopted Bitcoin will actually save them from bankruptcy. The digit lords will then serve all of us, and whoever gives the most benefits will be the one that WE choose, and they will fight for our vote and support. Until you drop the digit addiction, you will never be free. Reality is uncompromising for those (companies or countries) who do not navigate its rules/laws properly. This is exactly the problem that the digit lords face as long as the digits are connected to reality. Someone can always verify the accuracy of the digits. I can lie about today’s date, but you can verify. I can lie about the weight of something, but you can verify - maybe not applicable for gold :). I can lie about your height, but you can verify. I can lie about the temperature, but you can verify. Now, for the first time ever, money digits are connected to reality through Bitcoin, and everyone can verify! Lies won’t last long. Just ask the FTX, Celsius, and Terra Luna digit lords. They may control their closed-digit systems, but no one controls reality. ***That is exactly why we will win --Marty Bent!*** The digit lords are addicted to that control, but people are building solutions to transfer control from the digit lords to individuals. ***Whether the digit lords realise it or not, they are losing ever more digit addicts to a system that is detoxing them.*** Losing addicts is fine if you can get them hooked on another substance. Referring back to the chemical drugs mentioned above, that we looked at at the beginning of the article. This is why digit lords will do anything to keep their addicts hooked on the next digits. Now that people have Bitcoin – money inseparable from reality – we have clear detoxified heads. We will never go back to the addiction. The current dynamic is that the digit lords will chase our attention, but we will never give them back the control. I will happily take a discount on a vacation flight, but I will not serve the digits lords’ agenda. I will not obey the digit lords’ vacation plans for me whatever loyalty digits they offer. They will serve my plans and orient their services around my needs. One of my favorite phrases from ***Jeff Booth: There is no they; there is only we!*** It is incumbent on all of us to take control and become "we". The digit lords are the "they" people usually refer to. In the current system, there are digit lords, digit dealers, and digit addicts. In the Bitcoin system, addicts detox, dealers build detoxing tools, and no one is a digit lord. And brings us back to Jeff’s statement there is only we in the Bitcoin system! Congratulations on reaching the end of this article! Few people take any time to digest anything more demanding than a meme, but not you. If these ideas are worth spreading, please share the link. If you think that they are worth discussing on a podcast, tell the podcasters to hit me up, and I would be happy to chat with them. May we all live without addiction and build what we want for ourselves and ***for the kids --Greg Foss*.** P. S. Love to all the orange brothers and sisters out there. Godspeed!

@ 04222fa1:634e9de5

A little Saturday story I'm sharing... My Son started at university a couple of months ago He's quite into lifting and has shown interest using the concept 2 rower at the gym I kept telling him, join the rowing club, they'll love your size, he's 6'5 well built and has naturally huge legs, which isn't the norm with tall kids So the other day, he says 'there's a post on insta saying the boat crew will be on campus, if anyone interested pop along for some tests' So I'm like, you've gotta try it out So he goes along and they test him on a few exercises and the trainer says, these results are above average, can I get your details and I'll pass them to our racing director So few days later he gets an email from race director saying, can you come down to the boathouse, we want to see you ASAP So my Son was a little nervous but he went along and they tested him out The race director said to him, not gonna lie, these results are Olympic level! I was really proud of him. originally posted at https://stacker.news/items/788914

@ 5d4b6c8d:8a1c1ee3

Is anyone watching the Black Friday games? I'll be watching the Raiders games, but then I'll be eager to catch up on basketball. The Knicks squeaked out the early game and the Cavs are already trailing the Hawks. @realBitcoinDog is risking a strike if he doesn't get a pick in. originally posted at https://stacker.news/items/788007

@ 57d1a264:69f1fee1

Another follow up on @Jon_Hodl post, creating some custom banner designs for SN,   Some others dedicated to territory founders. In this case, ~alter_native for @DesertDave  and ~Design obviously!  In case you missed, there are some [SN Brand assets](https://stacker.news/items/786223/r/Design_r) available. You can access [the figma file](https://www.figma.com/design/ZL3FLItd9j48pzKVi4qlOy/Stacker.News-Media-Kit?node-id=1-3&node-type=canvas&t=Zo2ZpoOhQ5nugxhM-0) and create your own. If unable, shoot out and let's see if some can help you promote your territory :) FYI: @AGORA @anna @antic @AtlantisPleb @Bell_curve @benwehrman @bitcoinplebdev @BlokchainB @Bitter @ch0k1 @davidw @ek @elvismercury @frostdragon @grayruby @HODLR @inverselarp @jeff @k00b @marks @MaxAWebster @niftynei @nout @OneOneSeven @oracle @PlebLab @Public_N_M_E @RDClark @softsimon @siggy47 @StudentofBitcoin @south_korea_ln @theschoolofbitcoin @UCantDoThatDotNet originally posted at https://stacker.news/items/787497

@ 2063cd79:57bd1320

Ganz laienhaft gesprochen, sind Derivate Finanzprodukte, die auf einem Basisprodukt basieren (in unserem Fall ist dieses Basisprodukt der Bitcoin-Hashpreis). Derivate werden von diesem Basisprodukt abgeleitet, oder deriviert, damit man das Produkt indirekt handeln kann. Derivate werden meist zu zwei Zwecken gehandelt, entweder zur Absicherung oder zur Spekulation. https://archive.ph/95gBf Wie den verlinkten Nachrichten zu entnehmen ist, haben Luxor Technologies einen sogenannten Hashprice NDF lanciert, also einen Non-Deliverable Forward Contract. Bei Derivaten gibt es alle möglichen Formen und Arten von Verträgen, die das Basisprodukt indirekt handeln. Eine gängige Form bilden dabei Terminkontrakte, sogenannte Futures und Forwards. > 💡 Futures sind eine Form von Derivaten, die Parteien verpflichten, einen Vermögenswert zu einem vorher festgelegten zukünftigen Datum und Preis zu handeln. Hier muss der Käufer den Basiswert zum festgelegten Preis kaufen oder dem Verkäufer verkaufen, unabhängig vom aktuellen Marktpreis zum festgelegten Zeitpunkt der Abwicklung. > > Forwards hingegen stellen eine ähnliche Form von Terminkontrakten dar, die auch einen zukünftigen Preis zu einem zukünftigen Datum festlegen, nur dass Forwards außerbörslich (OTC) gehandelt werden. Hinzu kommt, dass Forwards anpassbare Bedingungen haben, die zwischen den Parteien und dem Händler individuell vereinbart werden. Forwards sind im Gegensatz zu Futures nicht standardisiert. Das heißt, der Luxor Hashprice NDF ist nichts anderes, als ein Vertrag zwischen einem Käufer und einem Verkäufer, die sich verständigen, das Basisprodukt (Bitcoin-Hashpreis) zu einem bestimmten Preis an einem festgelegten Fälligkeitsdatum zu handeln. Da es schwierig ist Hashpreis zwischen Verkäufer und Käufer auszuliefern, wird in diesem Fall ein Non-Deliverable Forward (NDF) genutzt. > 💡 Ein Non-Deliverable Forward (NDF) ist in der Regel kurzfristiger Terminkontrakt, der in Bar abgerechnet wird. Das zugrunde liegende Produkt wird nie ausgetauscht, daher der Name „nicht lieferbar“. Zwei Parteien einigen sich darauf, gegensätzliche Seiten einer Transaktion für einen festgelegten Geldbetrag zu übernehmen. Dies bedeutet, dass die Parteien die Differenz zwischen dem vertraglich vereinbarten (NDF) Preis und dem tatsächlichen Marktpreis abrechnen. Der Gewinn oder Verlust wird anhand des Nominalbetrags der Vereinbarung berechnet, indem die Differenz zwischen dem vereinbarten Kurs und dem Marktkurs zum Zeitpunkt der Abwicklung genommen wird. <img src="https://blossom.primal.net/dc7946a8729d0165218955b11f0e9b760e1d49a2d11a1e8e87fadedb99005aa3.gif"> Die gesamte Transaktion wird also anstatt in Bitcoin-Hashpreis in einer konvertierbaren Währung abgerechnet. In diesem Fall ist es möglich, den Vertrag in US Dollars, Bitcoin oder US Dollar Stablecoins zu begleichen. Das bedeutet einfach gesprochen, Verkäufer und Käufer einigen sich auf einen bestimmten Preis in der Referenzwährung für eine bestimmte Höhe an Bitcoin-Hashpreis. Bei Fälligkeit wird der vereinbarte Preis mit dem Referenzpreis des jeweiligen Tages verglichen. Generell kann dies ein vom Herausgeber des Kontrakts festgesetzter Tageskurs sein, Luxor bedient sich hier des Bitcoin Hashprice Index. Dazu gleich mehr. Die Differenz zwischen dem vorab vereinbarten Preis und dem Referenzpreis wird am Fälligkeitstag in der konvertierbaren Währung abgerechnet. <img src="https://blossom.primal.net/f1a0ac26c5662e6f64e659410d9ae14fbf57676e8136879012d5ffcb436c6544.gif"> Da wir nun die technische Komponente abgehakt haben, können wir uns dem Luxor Hashprice NDF im Detail widmen. Der Luxor Hashprice NDF soll es Minern ermöglichen, ihr Risiko gegenüber dem Bitcoin-Preis und den steigenden Energiekosten abzusichern, sogenanntes Hedging gegen Verluste aus diesen unbeeinflussbaren Preisfaktoren. Häufig verwenden institutionelle oder Einzelhändler Derivate (vornehmlich Optionen und Terminkontrakte), um Absicherungsstrategien zu entwickeln, die das Risiko einen Kursverlusts des Bitcoin-Preises mindern. Mit diesem Produkt haben jetzt Miner zum ersten Mal Zugriff auf ein Instrument, das speziell auf ihre Bedürfnisse angepasst ist. Luxor gehen davon aus, dass wie traditionelle Rohstoff- und Energieproduzenten, auch Bitcoin-Miner wahrscheinlich zu großen Nutzern von Derivaten werden. Traditionelle Hersteller bedienen sich sehr anspruchsvollen und hoch entwickelten Hedging-Strategien (sei es mit Futures, um Preise zu sichern, oder mit Optionen, um Verluste abzusichern), um sich vor Volatilität bei Vorprodukten, Energiepreisen und Preisschwankungen der eigenen Produkte zu schützen. Außerdem können Miner mit diesem Mittel dringend benötigtes Geld aus dem Verkauf von Wetten auf die zukünftige Produktion erhalten oder ihre zukünftige Produktion zu einem festen Preis sichern. <img src="https://blossom.primal.net/725dff443abdb858ddd2ba387e5d4c26ae1dda9364e767c1a849cf67086a4920.gif"> Bislang nutzten Miner hauptsächlich Optionen, um Risiken im Zusammenhang mit der Preisvolatilität auszugleichen, indem sie sich die Reserven in ihren Bilanzen zu eigen machten. Allerdings sind Miner nun mehr und mehr gezwungen, ihre Reserven zu liquidieren, um Fälligkeiten zu begleichen und Betriebskosten zu decken, wenn der Preis von Bitcoin, bzw. der Hashpreis, weiter fällt (siehe //Secondi). Doch nicht nur Miner profitieren von diesem neuen Finanzprodukt, denn auch Händlern wird ermöglicht, auf die von den Minern erzielten Einnahmen zu spekulieren und somit am Mining-Markt zu profitieren, ohne direkt in Mining-Equipment investieren zu müssen. Mit dem Hashprice NDF haben Luxor eine neue Investitionskategorie im Bitcoin-Finanzspektrum geschaffen, dass sicherlich auch Investoren interessieren könnte, die sonst die Nähe zum Mining-Sektor vermieden haben. > \[H\]ashprice derivatives are the apotheosis of our vision of hashrate as an asset class, something we’ve been pioneering since we introduced hashprice with the launch of Hashrate Index in 2020.” - Nick Hansen, CEO Luxor Doch wie genau sieht so ein Terminkontrakt genau aus? Zunächst mal wieder ein paar Basisfakten: <img src="https://blossom.primal.net/29202c311f4b4929f49e0d0210388918726696421ac2820caa628eaf100e1085.png"> Bei Vertragsabschluss stimmt eine Partei, der Käufer, zu, den Hashpreis zu einem späteren Zeitpunkt zu einem bestimmten Preis vom Verkäufer, dem Miner, zu kaufen. Da der Hashpreis NDF ein OTC-gehandelter Vertrag ist, kommt er mit Hilfe von Luxor zustande, die als Broker fungieren. > 💡 Ein OTC-gehandelter Vertrag ist ein Finanzkontrakt, der nicht an einer Wertpapierbörse gehandelt wird. OTC-Derivate sind stattdessen private Verträge, die zwischen Kontrahenten ausgehandelt werden, ohne eine Börse oder andere formelle Vermittler zu durchlaufen, obwohl ein Broker/ Makler bei der Organisation des Handels behilflich sein kann. Luxor kümmert sich dabei neben dem Order-Matchmaking um das Counterparty-Risk und die Zahlungsabwicklung bei Ablauf des Vertrags. Forwards können also von den Vertragsparteien beliebig lang oder kurz laufen, allerdings beträgt die übliche Dauer, laut Matthew Williams, der das Derivategeschäft von Luxor leitet, für einen Hashprice NDF in der Regel 30 Tage. Luxor haben sowohl den Begriff Hashpreis geprägt, als auch den Bitcoin Hashprice Index erschaffen. > 💡 Wir wissen der Hashpreis brechnet sich aus Bitcoin Preis / Hashrate. Der von Minern generierte Umsatz pro Tera-Hash. > > Beispiel: 0.20 US Dollar pro Tera-Hash/Sekunde pro Tag (0.20/TH/s/day) Die Terminkontrakte werden anhand dieses Index von Luxor abgerechnet, und Anleger können wählen, ob sie in US Dollars, Bitcoin oder US Dollar Stablecoins abrechnen möchten. Der Einfachheit halber, wird der Index in Peta-Hash dargestellt (Peta-Hash/Sekunde/Tag), da die Darstellung in Tera-Hash/Sekunde/Tag zu kleinteilig wäre. Wenn der abgeschlossene Vertrag ausläuft, wird der Hashpreis an dem festgelegten Tag mit dem Hashpreis des Vertrags verglichen. Ein Rechenbeispiel: Wenn der Verkäufer/ Miner weiß, dass 30 Tage lang ein Output von 50 Peta-Hash pro Sekunde (PH/s) erzeugt werden kann, kann er 1.500 (PH/s x Tage) Kontrakte zu 100 US Dollar pro PH/s/Tag verkaufen. Wenn bei Vertragsablauf der Abrechnungswert 70 US Dollar pro PH/s/Tag beträgt, profitiert der Miner von 45.000 US Dollar (100 US Dollar Marktpreis - 70 Dollar NDF-Preis = 30 US Dollar x 1.500 Kontrakte). Andersrum, wenn der Hashpreis 100 US Dollar PH/s/Tag bei Vertragsablauf übersteigt, steckt der Käufer den Gewinn ein und der Verkäufer/ Miner muss die Differenz begleichen. Da der Vertrag Non-Deliverable ist, also das zugrunde liegende Produkt nie tatsächlich ausgetauscht wird, nimmt der Käufer keine physische Lieferung von Hashrate entgegen. Sondern die Differenz wird ausgezahlt. Soviel erstmal zum Luxor Hashpreis NDF, dem ersten seiner Art auf dem Markt, obwohl das Unternehmen bereits angekündigt hat, es sei „das erste von vielen“ Derivate-Produkten, das Luxor bereits in diesem Jahr einführen will. Es bleibt abzuwarten, ob diese Art von Produkten Anklang findet, jedoch wurde, laut dem Unternehmen, im Vorfeld sehr viel Recherche bei potentiellen Kunden und Partnern betrieben, um eine Nachfrage und ein gewisses Bedürfnis nach Hedging-Möglichkeiten zu stillen. Ob das Produkt jedoch für einige Miner zu spät kommt, werden wir uns im zweiten Teil anschauen. Einen anderen Weg hat schon vor einiger Zeit FTX, eine der größten Börsen, eingeschlagen, als sie 2020 die Einführung eines Hashrate-Futures ankündigten. Die Futures wurden nach der durchschnittlichen Difficulty pro Quartal bewertet. Um die unlesbaren Zahlen der Difficulty lesbar zu machen, wurde der Kontraktwert berechnet, indem die Difficulty durch 1 Billion geteilt wurde, um eine zweistellige Zahl zu erhalten, die es dem Kunden erleichtern sollte, den Wert nachzuvollziehen. Anders als bei den Luxor Forwards, verhielten sich diese Futures ein bisschen (lies: komplett) wie ein Wettschein auf eine sinkende oder steigende Difficulty im Zeitraum des nächsten Quartals. Doch dieses kurzlebige Unterfangen hielt nur für 3 Quartale, bevor es kommentarlos beendet wurde. 🫳🎤 --- In diesem Sinne, 2... 1... Risiko!‌ 

@ fe7f6bc6:c42539a3

A few weeks ago, I sat down with Chad ([full podcast](https://creators.spotify.com/pod/show/proofofhealth/episodes/1-How-Muay-Thai-Fighting-Saved-My-Life---Chad-Mane-e2pnbmp)), a seasoned Muay Thai fighter with over a decade of experience, to talk about life inside and outside the ring. Chad’s story is raw, intense, and unfiltered—a journey of struggle, discipline, and transformation. His insights left me reflecting on how combat sports, especially Muay Thai, can teach us profound lessons about resilience, focus, and the human spirit. ### **The Fight Beyond the Ring** What struck me most was how Muay Thai isn’t just a sport for Chad—it’s a way of life. He began his journey as a teenager, struggling with family issues and uncertainty about his future. A chance meeting led him to Thailand, where he trained intensely and fought his first bout just 28 days later. Chad told me, “Muay Thai saved my life,” and I could feel the weight behind those words. For Chad, the ring became a space to confront not just opponents but his own fears and insecurities. The process of training—the relentless hill sprints, countless kicks, and sparring sessions—taught him how to face challenges head-on. Fighting wasn’t about aggression; it was about finding strength in adversity. --- ### **The Beauty in the Brutality** One of the most fascinating things Chad shared was his perspective on pain and sacrifice. During his career, he’s endured broken ribs, countless stitches, and even fought with a broken nose for eight years before getting it fixed. “Pain is the best teacher,” he said, explaining how injuries forced him to adapt and improve. What I found most compelling was how this physical suffering seemed to heighten his appreciation for life. Chad described moments after brutal training sessions when even a sunset or a simple breeze felt extraordinary. It’s as if the harshness of the ring makes the world outside it feel brighter, sharper, and more alive. “When you’re ready to die in the ring,” he said, “you start seeing life differently.” --- ### **The Mental Battle** Chad emphasized the mental aspect of fighting, something I hadn’t fully appreciated before. He talked about the mindset required to step into the ring: the inner dialogue where you convince yourself you’re ready to endure pain and push beyond limits. “You can play football or tennis, but you can’t play Muay Thai,” he said, driving home the seriousness of the sport. Before a fight, Chad uses visualization to prepare himself for the intensity of combat. He doesn’t shy away from the danger but instead leans into it, fully accepting the risks. This mindset, he believes, is what separates good fighters from great ones. --- ### **Lessons for Life** While most of us won’t step into a Muay Thai ring, Chad’s experiences offer valuable lessons that apply to all areas of life: - **Discipline Creates Freedom**: The structure of relentless training gave Chad a sense of purpose and control over his life. - **Face Your Fears**: Whether it’s an elbow to the face or a difficult decision in life, avoidance only makes things worse. - **Surround Yourself with the Right People**: Chad stressed the importance of training with people who push you to be better. “Energy matters,” he said, and I couldn’t agree more. --- ### **Final Thoughts** Chad’s story reminded me why I wanted to take on my own Muay Thai journey. It’s not just about fighting; it’s about testing yourself in ways that reveal who you really are. For Chad, the ring isn’t just a place to compete—it’s a place to grow, to learn, and to become a better version of himself. After our conversation, I realized that the lessons of Muay Thai go beyond the gym. Whether you’re training for a fight or tackling challenges in everyday life, the principles of resilience, discipline, and self-reflection are universal. If you’re curious to learn more about Chad’s journey, I highly recommend watching the [documentary](https://youtu.be/GPug-MuCKKY) we worked on together. It’s a glimpse into the raw, unforgiving world of Muay Thai—and the unshakable spirit of those who live it. Stay Healthy - Max

@ 5b862b5d:7dac3251

asdf originally posted at https://stacker.news/items/459388

@ 384f8226:e2ddb37b

asdf originally posted at https://stacker.news/items/459388

@ 57d1a264:69f1fee1

##### _Welcome back to our weekly `JABBB`, **Just Another Bitcoin Bubble Boom**, a comics and meme contest crafted for you, creative stackers!_ If you'd like to learn more, check our welcome post [here](https://stacker.news/items/480740/r/Design_r). - - - ### This week sticker: `Bitcoin Lyn-Alden` You can download the source file directly from the [HereComesBitcoin](https://www.herecomesbitcoin.org/) website in [SVG](https://www.herecomesbitcoin.org/assets/Lyn-Alden.svg) and [PNG](https://www.herecomesbitcoin.org/assets/Lyn-Alden.png).  ### The task > Starting from this sticker, design a comic frame or a meme, add a message that perfectly captures the sentiment of the current most hilarious take on the Bitcoin space. You can contextualize it or not, it's up to you, you chose the message, the context and anything else that will help you submit your comic art masterpiece. > Are you a meme creator? There's space for you too: select the most similar shot from the gifts hosted on the [Gif Station](https://www.herecomesbitcoin.org/) section and craft your best meme... Let's Jabbb! - - - If you enjoy designing and memeing, feel free to check our [JABBB archive](https://stacker.news/Design_r#jabbbs--just-another-bitcoin-bubble-boom--comic--meme-contests) and create more to spread Bitcoin awareness to the moon. Submit each proposal on the relative thread, bounties will be distributed next week together with the release of next JABBB contest. ₿ creative and have fun! - - - originally posted at https://stacker.news/items/786238

@ 57d1a264:69f1fee1

 Follow up on previous @Jon_Hodl's [post](https://stacker.news/items/783995/r/Design_r), translating everything in vector and providing access to the open source file for everyone to contribute, for territory owners to create their assets, etc...   Also corrected some colors and added icons.   ... and memes  # Files & Downloads ### Figma: https://www.figma.com/design/ZL3FLItd9j48pzKVi4qlOy/Stacker.News-Media-Kit?node-id=0-1&node-type=canvas&t=smAmQgXfj91LnEzs-0 **How to use the Figma templates:** Export files as follow: 1. Select the item or frame you need, 2. Click on **[Export]** button at the sidebar bottom in right, 3. Select the size (1x, 2x, 3x...) to resize the item, 4. Select the file format: 
 - - bitmap (PNG, JPG) or
 - - scalable vector file (PDF, SVG) 5. Click **[Export “item name”]** button. ### PenPot: https://design.penpot.app/#/workspace/7ad540b5-8190-815d-8005-5685b9c670bc/7ad540b5-8190-815d-8005-5685c186216e?page-id=2643bc5a-0d34-80b2-8005-58099eabda41 In PenPot there's still some work to have editable text. Also, custom fonts not available for now so shapes are outlined and _vectorialized_. `₿e Creative and have Fun!` originally posted at https://stacker.news/items/786223

@ 005bc4de:ef11e1a2

I'm kind of happy to finally get "Kicking" (Satoshi's writings in paperback) for sale in a buy-with-bitcoin format. Listed it on SatStash.io so, hopefully, things will work out. https://satstash.io/listings/29458f9a-1e5a-41b2-885b-26ec3fddb8dc (It'll always be free to download digitally at https://hive.blog/@crrdlx/satoshi) originally posted at https://stacker.news/items/786125

@ 2063cd79:57bd1320

Bitcoins Ruf in der breiten Masse ist eher mittelmäßig: nicht besonders positiv, nicht sehr negativ, viel Spott und Hohn, viel "versteh ich nicht und will ich auch nicht verstehen" und ein bisschen Angst. Der durchschnittliche No-Coiner, also all diejenigen, die aus Überzeugung nichts mit Bitcoin zu tun haben wollen, oder diejenigen, denen der Zugang bisher verwehrt geblieben ist, weiß in der Regel aber zwei Sachen über Bitcoin ganz bestimmt: 1) Mit Bitcoin kann man im Internet illegale Drogen kaufen und 2) Bitcoin braucht viel Energie und Energieverbrauch ist per se erstmal schlecht. Da wir uns zur Zeit in einer Energie- und in keiner Drogenkrise befinden, wollen wir uns diese Woche dem Energie-FUD widmen. FUD, also Fear, Uncertainty and Doubt (Angst, Unsicherheit und Zweifel) beschreibt laut Wikipedia "eine Werbe- oder Kommunikationsstrategie \[...\], die der gezielten Bekämpfung eines (in der Regel wirtschaftlichen oder politischen) Konkurrenten dient, insbesondere wenn dieser bislang ein gutes Image hat." Bitcoins oft negativ geprägter Ruf durchläuft gewisse Trends und im Moment lässt sich sehr gut beobachten, wie das Thema Energie- und Ressourcenverschwendung eigentlich immer an erster Stelle aufkommt, wenn jemand eine schlechte Nachricht, oder ein negativ gefärbtes Bild von Bitcoin verbreiten will. Aussagen wie "Wir befinden uns in einer Energiekrise, und Bitcoin benutzt zu viel Energie, während wir eigentlich Energie sparen müssen" sind deplatziert und falschrum gedacht. Denn die Energiekrise ist hausgemacht und die selben Menschen, die diese Krise herbeigeführt haben, sind diejenigen, die mit wehenden Fahnen und mit Fackeln und Mistgabeln gegen Bitcoin wettern. <img src="https://blossom.primal.net/9476dd794c1d746e82af9b6e5dbc88e39eb31524f335989342f29cc2e07895ea.gif"> Auf der einen Seite befinden wir uns momentan in einer ESG-Clownerie-Phase, das heisst, dass Investoren nur in die nächste grüne oder Kohlenstoff-neutrale, oder am liebsten -negative Idee, deren Gründer Tesla fährt, sich ausschließlich von Algenpräparaten und Krombacher (wegen Regenwald und so) ernährt und das Handy am hauseigenen Solarstromstecker lädt, investieren. Dabei wird gerne unterschlagen, dass die Menschheit Energie braucht, um zu prosperieren. Viel Spass beim Rubbeln von dreckiger Kleidung auf einem Waschbrett im Fluss, oder beim Anzünden und Löschen von Kerzen-betriebenen Straßenlaternen jede Nacht. Die meisten Menschen, die ich kenne, waschen ihre Wäsche lieber in der Waschmaschine und fahren auf gut beleuchteten Straßen. Energieverbrauch ist also per se nicht schlecht, im Gegenteil. Je weiter vorangeschritten eine Kultur ist, desto höher ist ihr Energieverbrauch. Genauso verhält es sich auch bei Bitcoin. Zunächst einmal vorweg, ja - Bitcoin wendet Energie auf und davon nicht zu knapp und sogar immer mehr; und das ist sogar beabsichtigt und ein grundlegender Teil des Designs. Allerdings wird diese Energie aufgewendet, gebraucht oder konsumiert und nicht verschwendet, verbraucht oder vergeudet. Denn, wie schon oft erwähnt, Energie, oder in diesem Fall konkret Strom, ist das Vorprodukt von Bitcoin. Zur Herstellung eines Produkts ist immer ein Vorprodukt, ein Rohstoff oder eben Energie nötig. Output benötigt Input. Im Fall vom Bitcoin Protokoll ist dieser Output bitcoin, also die Coins, und der Input ist Energie in Form von Strom. Doch wenn diese Argumentationslinie eigentlich so einfach nachzuvollziehen ist, woher rührt dann dieser immerwährende und nicht abreißende Strom von Nachrichten und Schlagzeilen, die genau das Gegenteil behaupten? <img src="https://blossom.primal.net/f639f824465fa404d5dbf3d0f5765ebfe8f4cacaed0175fd766e6fbf84120fdf.png"> Kaum verwunderlich ist die Tatsache, dass eine grosse Anzahl von Studien und Publikationen, und damit einhergehend viele Artikel in den großen Tageszeitungen, in den letzten Monaten erschienen sind. Praktisch seit das Thema Ethereum Merge, also der Wechsel von PoW zu PoS (💩), ein ganz wichtiger Meilenstein in der Mythenbildung von Ethereum, durch PR-Agenturen weltweit nach vorne gepresst wurde. Selbst Greenpeace haben sich vor den Karren spannen lassen und mit Hilfe von Ripple-Sponsoring die [Change the Code Kampagne](https://cleanupbitcoin.com/) losgetreten, die im Prinyip nur darauf beruht Bitcoins Mining-Prozess zu beschmutzen. Eine der größeren Schlagzeilen zu diesem Thema hat wohl die Biden Administration geliefert, als letzten Monat der Climate and Energy Implications of Crypto-Assets in the United States, kurz [Crypto-Assets and Climate Report](https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf), veröffentlicht wurde. Selbst große Veröffentlichungen, wie die Times, sind sofort auf den Zug aufgesprungen und haben über den Report berichtet, ohne diesen kritisch zu hinterfragen. https://time.com/6211780/crypto-mining-climate-white-house Die meisten Artikel wurden am gleichen Tag wie der Report veröffentlicht. Da ist es kaum verwunderlich, dass sich wenig kritisch mit den Inhalten auseinandergesetzt wurde. Deutlich mehr Mühe hat sich Nic Carter gegeben, der sich auf sehr detaillierte und dezidierte Weise mit dem Report auseinandergesetzt hat. https://medium.com/@nic__carter/comments-on-the-white-house-report-on-the-climate-implications-of-crypto-mining-8d65d30ec942 Er deckt vor allem die Unzulänglichkeiten der akademischen Arbeit auf, mit welcher der Report verfasst wurde. Hauptaugenmerk wirft er hierbei auf die Tatsache, dass die Verfasser hauptsächlich Quellen herangezogen haben, die bekannte PoW Kritiker sind und bestenfalls fragwürdige Positionen vertreten, wohingegen keine Stimmen aus der Mining-Branche selbst zitiert werden. Eines der größten Probleme besteht auch darin, dass ein Großteil der über 200 Quellen aus Alex de Vries Veröffentlichungen und seiner Digiconomist Website zitieren. Übersetzt schreibt Nic: > "Das Gesamtwerk von De Vries ist weder akademisch, wissenschaftlich noch unvoreingenommen. Er ist ein Blogger, der für die niederländische Zentralbank (eine Anti-Krypto-Institution) arbeitet, eine Zugehörigkeit, die er routinemäßig nicht in seinen Papieren offenlegt. Er behält eine äußerst antagonistische äußere Haltung gegenüber seinem Thema Proof-of-Work-Kryptowährungen bei, was in seinen Tweets deutlich wird. Seine Digiconomist-Website ist genau das – eine persönliche Website." Alex de Vries ist einer der lautstärksten Kritiker der Branche und wird nicht müde zu argumentieren, dass Mining eine schmutzige Industrie ist, weil sie zu globalen Emissionen und Abfällen beiträgt. Wie anhand dieses Beispiels offenkundig gezeigt werden kann, gibt es eine große und scheinbar finanziell starke und gut vernetzte Lobby, die gegen Bitcoin-Mining arbeitet. Mit Hilfe von NGOs, wie z.B. Earthjustice (Verfasser von unmissverständlichen Artikeln wie "How Bitcoin is Heating This Lake and Warming the Planet", "Crypto Miners Bought Their Own Power Plant. It's a Climate Disaster.", oder "The Energy Bomb: How Proof-of-Work Cryptocurrency Mining Worsens the Climate Crisis and Harms Communities Now") oder der Environmental Working Group (EWG) ("Ethereum’s energy-efficient ‘merge’ leaves bitcoin as lone cryptocurrency climate polluter") wird aktiv gegen Bitcoin-Mining gearbeitet und Nachrichten veröffentlicht, die das Narrativ von Bitcoin als Energie-Ferkel und Klimasünder aufrecht erhalten, bzw. noch befeuern. Es ist ja nicht so, als würde Bitcoin keinen Strom verbrauchen. Etwas anderes zu behaupten wäre dumm und falsch. Allerdings muss die richtige Frage lauten: Welche Art von Energie wird von Bitcoin verbraucht? Natürlich wäre es genauso falsch zu behaupten, dass der gesamte Strom, der ins Bitcoin-Netzwerk fließt, aus erneuerbaren, gestrandeten oder überschüssigen Energiequellen stammt. Allerdings wird bereits ein Großteil dieser Energiequellen genutzt und der Trend läuft weiter in diese Richtung. Das Bitcoin-Netzwerk wächst - was an der steigenden Hashrate abgelesen werden kann - und so wird es zukünftig auch einen höheren Stromverbrauch benötigen, doch wie wir schon gesagt haben, korreliert Stromproduktion mit einem erhöhten menschlichen Wohlstand. Denn eine erhöhte Stromproduktion ist an sich nicht schlecht - im Gegenteil. Dennoch ist sehr wichtig, aus welchen Quellen diese zusätzliche Energie gewonnen wird. Geopolitische und klimabedingte Auswirkungen haben in den letzten Jahren gezeigt, dass ein Umdenken und ein Umschwenken durchaus sehr vernünftig sind. Bitcoin Miner bewegen sich an vorderster Front dieses Umdenkprozesses. Eine Tatsache, die nicht unbedingt durch philanthropische oder weltverbessernde Ideen motiviert ist, sondern vielmehr durch finanzielle Anreize getrieben ist. Denn gerade momentan, in einer Zeit weiter in die Höhe schießender Hashrate und einer Difficulty, die sich infolgedessen immer weiter nach oben anpasst und eines gleichzeitig fallenden Hashpreises, sind die Margen für Miner nur noch hauchdünn. Miner sind also incentiviert, möglichst günstigen Strom einzukaufen (die einzige Variable, die sie aktiv kontrollieren können), oder im besten Fall sogar selbst zu erzeugen. Bitcoin wird damit zum Produzenten von Strom. https://bitcoinmagazine.com/business/seven-trends-in-bitcoin-mining-and-energy Ein nicht geringer Teil des erzeugten Stroms für den Erhalt von Bitcoin wird auch zukünftig aus fossilen Energiequellen gewonnen, da viele der erneuerbaren Energien Unterbrechungsprobleme vorweisen (fehlende Sonneneinstrahlung bei Photovoltaik, fehlender Wind bei Windkraft, etc.), sowie oft auch Kohlenstoff-intensive Herstellungsprozesse benötigen und darüber hinaus manchmal fragwürdige Langlebigkeit aufweisen. Fossile Energiequellen sind nicht unbedingt schlecht, wenn sie nachhaltig gefördert werden, z.B., können sie vielerorts sinnvoller umgesetzt werden als alle bislang bekannten erneuerbaren Alternativen. Generell scheint im Moment eine Tendenz zu existieren, alles durch erneuerbare Energie ersetzen zu wollen, ohne zu hinterfragen, ob diese oder jene Methode für den Standort, das Klima, die geopolitische Situation, den Nutzen und die vorliegende Infrastruktur überhaupt passend scheint. Erneuerbare Energien sind Gefangene von Umstand und Geografie - aber das ist ein ganz anderes Thema. Bitcoin Miner werden also kreativ, was die Beschaffung von günstigem Strom betrifft. Und da viele Miner vom Stromnetz entweder abgeschnitten sind, durch lokale Gesetzgebung, usw. keine günstigen Konditionen erhalten, oder einfach die Kontrolle behalten wollen - also ein autarkes System aufbauen, das sich nicht auf Dritte verlässt - müssen sie oft auf das einzige Mittel zurückgreifen, das ihnen bleibt: Strom selber herstellen. Dabei gibt es ganz viele nachhaltige und vernünftige Ansätze. Um einen kleinen Überblick von jüngsten Trends zu verschaffen, liste ich ein paar Ideen auf. Natürlich kann ich nicht auf jedwede Art der Stromerzeugung ([altes Fritierfett](https://www.reddit.com/r/Bitcoin/comments/xanz0h/bitcoin_mining_powered_by_used_cooking_oil)) für Bitcoin eingehen, doch zwei Paradebeispiele werden oft angebracht: Anlagen, die aus Biogas Strom erzeugen, sind vollständig autark und erfordern nur wenig Arbeit vor Ort. Betreiber profitieren von einer 100%igen Betriebszeit (keine Unterbrechungsprobleme wie bei anderen Erneuerbaren) und von einer sauberen Energie, da sie durch Vergärung erzeugt wird, spezifisch [anaerobe Vergärung](https://en.wikipedia.org/wiki/Anaerobic_digestion). Bei diesem Prozess wird Energie in Abfallstoffen zur Erzeugung von Biogas freigesetzt. Dieses Gas besteht im Durchschnitt zu 40% bis 50% aus Methan und 30% bis 40% CO2 und kann zum Betrieb eines Gasmotors verwendet werden. Dieses Verfahren reduziert somit den Ausstoß von Treibhausgasen, da der Kohlenstoff im biologisch abbaubarem Material Teil des Kohlenstoffkreislaufs ist und die Verwendung eines Gasmotors erzeugt vor Ort Strom, der zum Mining verwendet, oder an das Stromnetz angeschlossen und verkauft werden kann. <img src="https://blossom.primal.net/e78cbcef434b71a6b3f6e5161046734e8719b6631c0e14490ed75ceca0cba0bb.gif"> Man geht davon aus, dass beim Flaring täglich etwa 400 Millionen Kubikmeter Erdgas entlüftet oder abgefackelt werden. Schätzungen besagen sogar, dass wahrscheinlich sogar [doppelt so viel Gas](https://blogs.edf.org/energyexchange/2019/01/24/satellite-data-confirms-permian-gas-flaring-is-double-what-companies-report) abgefackelt wird wie gemeldet. Dies ist genug Energie, um die aktuelle Bitcoin-Hashrate zu verdoppeln. Viele Tests gibt es schon, um diese überschüssige Energie zum Mining zu nutzen. ConocoPhilips, Exxon, Crueso, etc. haben Projekte am Laufen, die aus diesem "Abfallprodukt" Energie gewinnen wollen. Alles was Bitcoin benötigt ist Strom, und das ist eine relativ niedrige Hürde, wenn man Energievorkommen hat. Man muss diese nur noch umwandeln. Bitcoin-Mining wird also immer nachhaltiger und wirklich nachhaltiger. Es nützt der Umwelt und dem Klima sehr wenig, wenn die ESG-Clownbande ihren Stempel auf Unternehmen setzt, die im Gegenzug für irgendwelche windigen Stiftungen, die mit Hilfe von [Klimakompensation durch das Pflanzen von Bäumchen](https://www.youtube.com/watch?v=6p8zAbFKpW0), den eigentlichen Treibhausgas-Austoß ausgleichen, damit diese weiter Investitionen erhalten können. Mit wirklich innovativen Techniken braucht es plötzlich keine Stiftungen mehr, um zu spenden, um den Planeten zu retten, denn dies ist ein selbsttragender Weg, um Verschwendung zu reduzieren. Darüber hinaus ermächtigt der Mining-Prozess Stromabnehmern die völlig unabhängige Operation vom Netz. Große Stromnetze stellen mächtige regionale Monopole dar, die entscheiden, wer Zugang zu den Energiemärkten hat und wie diese Märkte funktionieren. Mining kann als ein neuer globaler Markt für Strom gesehen werden, der sich stark von den netzbasierten Märkten abhebt und die alten Strukturen langsam umkrempelt. Wir werden sehen, wie große Versorgungsunternehmen selber Bitcoin Miner werden und große Bitcoin Miner über Zeit selbst zu Versorgungsunternehmen werden. Der Markt rückt immer näher aufeinander zu. Dieser neue Strommarkt fügt Wettbewerb wieder in jedes Stromnetz ein, da jeder Produzent entscheidet, ob der Strom verkauft oder für Mining verwendet wird. Darüber hinaus können [Mikro-Netze](https://x.com/hash_bender/status/1577354828551962624) in großem Maßstab entwickelt werden, da der Anschluss an das große monopolisierte Netzwerk nicht nötig ist. Kleine Kommunen können sich autark mit Energie versorgen und überschüssige Energie, kann sofort in Bitcoin verwandelt werden, wenn sie nicht zum Heizen, Leben oder zur Reserve gebraucht wird. Damit wird die Wirtschaftlichkeit von dieser Art Projekten automatisch gesteigert. <img src="https://blossom.primal.net/c94c80d75f21269cc4111d6cc5ae31cf8fd0f99b5dc2fddac4ff7aa6d5cd6203.gif"> --- Energie-FUD war das Thema. Was ich aufzeigen wollte, ist, dass es ein Interesse gibt, Bitcoin Mining als umweltschädlich und ressourcenverschwendend darzustellen. Es gibt viele Gruppen, denen Bitcoin ein Dorn im Auge ist, weil sie entweder direkte Konkurrenten sind (aus deren Sicht), z.B. Ripple oder Ethereum, weil sie in Bitcoin eine Gefahr für das aktuelle Modell sehen, z.B. Zentralbanken oder gewisse Regierungsfunktionen, oder weil sie ihr Geschäftsmodell angegriffen sehen, z.B. Stromversorger oder Netzbetreiber. Dabei is Bitcoin eigentlich sehr fortschrittlich und energieeffizient, da es spieltheoretisch nur den effizientesten Minern möglich ist profitabel zu sein und dafür müssen sie günstige Stromquellen anzapfen oder selbst erschließen. Der FUD ist demnach unangebracht und nichts anderes als eine Strategie, um die Entwicklung, den Fortschritt und die Adaption von Bitcoin aufzuhalten. 🫳🎤 --- In diesem Sinne, 2... 1... Risiko!‌ 

@ 000002de:c05780a7

I have been trying to use the device sync for a while now. I forget when it was launched but I think I set it up right after it was launched. I was having issues with it and I could not figure it out. It seemed like one device would work with my external wallet but others would not. Then today it dawned on me. I'm not even sure how I did this but I had saved by seed and then enabled sync on other devices but was never asked to enter my seed. So I think the issue was cause by me basically enabling sync on different devices and not using the same seed. The solution was to disable sync on one device. Then log out. Log back in and enable it again. Copy the seed. Repeat this on all other devices. Now it works. I don't think this is a bug. Maybe it is but it is a UX issue for low IQ users like me. Maybe it could be fixed with more clear instructions about logging out. If anyone else is having issues maybe try to do what I did. Thank you @k00b @ek for all your work. Hopefully this feedback is helpful. originally posted at https://stacker.news/items/785604

@ 94a6a78a:0ddf320e

The backbone of your Nostr experience lies in relays—servers that transmit your notes, zaps, and private messages across the decentralized network. Azzamo offers three specialized relays to suit different user needs, ensuring reliability, performance, and privacy. ### **1. Free Relay** - **URL:** `wss://nostr.azzamo.net` - **Overview:** Azzamo’s Free Relay is perfect for newcomers to Nostr. It’s open-access, reliable, and ensures fair use with moderate rate limits. - **Key Features:** - Free to use. - Notes older than one month are purged daily. - Accessible gateway for decentralized communication. --- ### **2. Paid Relay** - **URL:** `wss://relay.azzamo.net` - **Overview:** Designed for power users, the Paid Relay offers unmatched performance with 99.9% uptime and low latency. - **Key Features:** - Scalable for heavy users. - Fewer users for faster, consistent connections. - Premium support included for paid users. --- ### **3. Inbox Relay** - **URL:** `wss://inbox.azzamo.net` - **Overview:** Never miss a private message again with the Inbox Relay, optimized for secure, spam-free direct messaging. - **Key Features:** - Guaranteed message delivery. - Optimized for NIP-17 private messages. - Optimized for NIP-19 group chats. - Premium users enjoy advanced support. --- ### **Why Choose Azzamo Relays?** Life on Nostr is easier with Azzamo relays. They’re fast, reliable, and built to handle whatever you throw at them. The Paid Relay keeps your connections strong, the Inbox Relay makes sure no private message gets lost, and the Free Relay is always there to get you started. Supporting Azzamo by going premium helps keep this decentralized network growing—and you get priority support while you’re at it. Azzamo has your back on Nostr! 🔗 **Start now:** - Free Relay: `wss://nostr.azzamo.net` - Paid Relay: [azzamo.net/pay](https://azzamo.net/pay) - Inbox Relay: [azzamo.net/inbox](https://azzamo.net/inbox) Support the network and upgrade your experience—add time to your account via the [Azzamo Dashboard](https://azzamo.net/nostr-dashboard/). Choose Azzamo, and take control of your Nostr journey today!

@ 000002de:c05780a7

After listening to Steve Patterson talk about the blockchain war and [Roger Ver’s Book, Hijacking Bitcoin on the Bob Murphy Show](https://stacker.news/items/784900) I thought I would share my initial thoughts. Bob says he is going to have Stephan Livera on to offer the other side. That one should be good. ## Steve's Main Points * Small blockers are for SOV not MOE * Bitcoin now requires large companies to use (ironic point...) * Lightning doesn't work and still requires on-chain transactions and high fees of $50 * Satoshi's vision was never for bitcoin to be a store of value * Appeals to Satoshi's authority and seems to speak for him several times ## SOV (Store of Value) vs MOE (Medium of Exchange) Steve creates a straw man. It is true that there are many bitcoiners that believe bitcoin is not a MOE. Some will say that it must first become a SOV and then as adoption grows it will be used as a MOE. There are also those that believe it is and can be both. I believe many stackers including me are in this camp. There are also those that do not care at all about the MOE use case. I believe he's creating a straw man with this argument. The reality is that in the US and the wealthy nations of the world MOE is not a huge problem. However, with fiat the fruits of our labor are a melting ice cube without bitcoin. So of course SOV is going to be a bigger demand. Steve likes to say he is for the market making decisions. Its interesting because it would appear that the market did make the choice. :) ## Bitcoin Requires Large Companies Steve argues that the small blockers have created a situation where big companies are required to use bitcoin as a MOE. I think its a rather ironic point to make seeing as the big blockers created a situation where it is not reasonable for plebs to be able to run their own nodes. As a user of bitcoin and someone that has done every aspect of bitcoin on the technical side bitcoin has a long way to go to be used by every person on the planet as a MOE. Its well on its way but there is a ways to go yet. That said, the reality is that the average person isn't going to care about any of these things. But the average person is only one consideration. Bitcoin if successful will attract businesses of all sizes. From what I have seen it seems to that the big businesses he seems to be talking about are the exchanges. I fail to see how bitcoin cash has addressed this "problem". Maybe I am just not understanding his point. He may be referring to Lighting centralization and other L2s. If so, that is a valid concern but I disagree that it is more of a concern than node centralization. Being able to validate our own transactions is a very core feature for me and most of the hard core bitcoiners I respect. ## Lightning So he starts off by saying lightning doesn't work. That's funny because I literally use it every day and it works. Its not perfect. I don't think it is ready for mass adoption but I also don't see mass adoption in the short term as likely. He also states that lightning requires on-chain transactions. This is true but he doesn't really explain that it basically batches many small transactions therefore making it far more efficient. He falsely states that these channel opens cost $50. As a lightning node operator I have not experienced this level of fee for a channel open. If I were running it as business though this would be an issue. Over and over again with technical discussions I see people make the mistake of not considering trade-offs. There are no real solutions, only trade-offs as Thomas Sowell once said. Bitcoin cash solved high on-chain fees by increasing the block size. This created other negative trade-offs. Its never as simple as people like it to be. ## Satoshi Vision & Appeals to Authority Satoshi's vision was never for bitcoin to be a store of value. It is interesting to me to hear people still appealing to Satoshi's after all these years. I mean, I get it. The appeal to authority angle works on many people. Honestly, I find it hard to believe that with the hard cap on supply that Satoshi didn't see bitcoin as being both a MOE and a SOV. It just seems odd with all the gold analogies. Now, it is clear to me that he didn't see bitcoin as only a SOV. But again, that's a straw man. Of course there are bitcoiners that see bitcoin that way but honestly that doesn't matter to me. The way people think about a thing can change over time. Once you create something and put it out in the world you quickly lose the control you thought you had over it. In the end this is why speculating about what Satoshi would say about x is a waste of time. As any software engineer will tell you as your work gets used you almost always find it being used in ways you couldn't have imagined. I know many long time bitcoiners are probably tired of these guys and this debate. The reality is that there are new bitcoiners every day and the issues raised by small blockers aren't stupid. They have valid points. They just have a poor solution. I wasn't as into bitcoin during the block side wars but I did listen to a few debates on the subject and the small blockers made more sense to me. Go figure. I'm a software engineer. But also, I am an economics nerd and fascinated by market decisions. Looking forward to the Livera response. originally posted at https://stacker.news/items/785293

@ 5d4b6c8d:8a1c1ee3

No recap post today: everyone survived and we talked about the fun games in the [discussion post](https://stacker.news/items/784245/r/Undisciplined). Remember that there are only two more rounds in which you can use your rebuys. # Friday's Games - Knicks (2-0) @ Hornets (0-2) - Cavs (1-1) @ Hawks (2-1) - Pelicans (1-2) @ Grizzlies (0-2) - Magic (2-0) @ Nets (1-2) - Clippers (1-1) @ T-Wolves (1-2) - Pistons (2-0) @ Pacers (0-2) - Raptors (0-2) @ Heat (1-2) - Celtics (2-1) @ Bulls (2-1) - Thunder (1-1) @ Lakers (2-1) - Kings (0-2) @ Blazers (1-1) Perhaps worth noting is that the Raptors and Pelicans have both been eliminated already. This is a very interesting slate of games. There are a bunch of teams that aren't going to make the Knockout Stage who should be heavy favorites. The Grizzlies, T-Wolves, Heat, and Kings are all great choices. I'm saving the Pacers for the final round of Group Play. # Prize: 57k! We'll almost certainly get over 60k. If we all end up using rebuys, then we'll be get to 80k. originally posted at https://stacker.news/items/785055

@ 005bc4de:ef11e1a2

On the road, visiting for the week...I half wake up, brain groggy, force my eyes open, look out the window... https://files.peakd.com/file/peakd-hive/crrdlx/23xyLpphpFL62Wnh4oWTGUZudFUU4hnh8Y9EqegEb7y9JPZRJH9zSxtbfZq9f79JAexso.jpg ...brain foggy, gray outside, lace drapes, wait, what?... https://files.peakd.com/file/peakd-hive/crrdlx/23ycuLZpcbADyGuk3hny6GEHgvwu2FMVDxEXvpRoFU6Yyd1j1jDDvhT1LoZGgL4o9oMgC.jpg ...head turned sideways on the pillow, rows and rows of mushrooms... https://files.peakd.com/file/peakd-hive/crrdlx/Eo8Ruxz5vuvG6xtAQJpoQE7T1V5R9nJkiiBEVd6cEcyBJzqn5KG9kiRNamr2CwfS8XZ.jpg ...and the bitcoin logo? https://files.peakd.com/file/peakd-hive/crrdlx/EoK6EBPxV6xmZSipLZqDpoDz4cyDhFuGwgZnQD3NBn829LZwXsWS5sHiMDfjQT9Jvoj.jpg Either I've become "orange-pilled" to the point of bitcoin enlightenment... ...or I have an obsession problem and admission is the first step. Or, there were some "special" mushrooms in my tacos yesterday. originally posted at https://stacker.news/items/784874

@ e31e84c4:77bbabc0

‘Think You Know Bitcoin Security?’ was Written By Paul G Conlon. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: noisycyclone54@walletofsatoshi.com ### Childhood Lessons As a boy, my grandmother shared stories of her experiences in wartime Germany, each revealing a common theme: the terrifying reality of living without security. I was amazed with the scale of destruction and, at the time, understood security largely as physical protection. Yet the years have deepened my appreciation for security’s nuances. In this article, we’ll explore how studying Bitcoin has helped me now recognise “security” not just as physical safety, but related to personal agency, mental and social well-being, and the ability to control one's destiny. ### Definitions of Security Property confiscation was rife in 1930s Germany, and much of this behaviour didn’t even constitute illegality. The 1938 Ordinance on the Use of Jewish Assets for example required those identified as Jews to deposit all their stocks, shares, fixed-income securities and similar in a deposit at a for­eign exchange bank. The government even allowed itself to sell Jewish businesses. Access to these resources required no less than approval by the Reich Minister for Economic Affairs. Narrowly defining security as simply asset protection is tempting, given its historical prevalence. Everything from my grandmother’s tales of stashing cash in curtains, to the US Constitution's 4th Amendment, “the right of the people to be secure in their persons, houses, papers, and effects” reinforces this physical emphasis. When I discovered Bitcoin, I was hence drawn to its asset protection features. Like many, this biased view of security defined the start of my Bitcoin journey, focusing my attention on hardware wallets and encryption protocols. But that was soon to change. ## How Bitcoin Changed Me The more I read, the more I learned that with a network of nodes working to secure a global protocol, came a network of people working to secure global principles. It dawned on me that I had not so much discovered the ultimate bastion of property rights, but of human rights. Here are just a few examples: ### Freedom of Expression Anonymity is fundamental for the full exercise of the right to freedom of expression. This is enshrined in Article 19 of the Universal Declaration of Human Rights (UDHR) and the International Covenant on Civil and Political Rights (ICCPR). Bitcoin's pseudonymous and decentralised nature makes it difficult for tyrants to identify and censor one of the purest forms of expression: transactions. ### Adequate Living Standards Article 25 of the UDHR states that everyone has the right to a standard of living adequate for health and well-being, including food, clothing, housing, and medical supplies. Article 17 further enshrines the retention of property necessary to support these living standards. Bitcoin's cryptographic security reinforces ownership rights, making it difficult for rogue states to arbitrarily seize assets essential for the maintenance of these living standards. Furthermore, Bitcoin's 21-million-coin capped supply prevents arbitrary inflation, protecting against the erosion of purchasing power that has time and again proven correlated with the erosion of living standards. ### Freedom of Association Article 20 of the UDHR states that everyone has the right to freedom of peaceful assembly and association. Article 22 of the ICCPR also protects the right to freedom of association, including the right to form and join trade unions. Multi-signature wallets are an explicit expression of this associative freedom. By enabling groups to collaboratively manage resources, the human connections required for civilisation to flourish can be directly represented and enforced in code. Programmatic freedom of association is particularly pertinent for activist and civil society organisations and provides security against coercion in situations where individuals may face pressure to hand over funds from those who wield power. ### Right to Information The open-source nature of Bitcoin also somewhat poetically aligns with the right to seek, receive, and impart information, as outlined in Article 19 of the UDHR. Anyone can inspect, verify, and contribute to Bitcoin's code, promoting transparency and accountability. Its immutability also supports the right to information by preserving truth in the face of potential revisionism. Furthermore, Article 27 states that everyone has the right to share in scientific advancement and its benefits. Bitcoin embodies this principle by allowing global participation in its development and use. ## Personal Context For me, Bitcoin brought context to those old wartime stories I heard as a boy. It led me to the understanding that property rights are simply a derivative of human rights. Now, for the first time in history, we have a borderless technology that secures these rights not in international declarations or national constitutions – both susceptible to the stroke of a tyrant’s pen – but in executable code. In essence, Bitcoin's technical features embody the very principles of security and resilience that are well recognised as essential to personal agency, mental well-being, and social cohesion. These operate independently of central authorities that have historically proven both capable and willing of stripping human rights, and not a moment too soon… ## A Modern Necessity These concerns are not limited to the past. Just recently, Blackrock CEO, Larry Fink, said this about Bitcoin in a CNBC interview: *“We have countries where you’re frightened of your everyday existence and it gives an opportunity to invest in something that is outside your country’s control.” ([https://www.youtube.com/watch?v=K4ciiDyUvUo](https://www.youtube.com/watch?v=K4ciiDyUvUo))* As an Australian, I see the precursors of what Larry describes. Legislative attacks on the right to expression, living standards, association, and information are becoming brazen. The Digital ID Bill 2024, legislated on May 16th, has already denied employment and government services to some, and is now poised to police the internet in what appears to be the making of a conditional access society.  The Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2024, currently sitting before federal parliament, is even more horrendous. It effectively establishes a protectionist Ministry of Truth and threatens imprisonment for an extremely broad array of ill-defined speech – all while providing exemptions for government and legacy media. This political activity is occurring amidst a cost-of-living and housing crisis, where many working individuals are living in tents in major cities. ## Bitcoin’s True Security Yet with Bitcoin (and a Starlink connection), I feel secure. Bitcoin has become a source of resilience and mental well-being for people in an increasingly complex world. Beyond its cryptographic security, Bitcoin provides a global network of like-minded individuals who share common principles. This distributed community offers a sense of belonging and support that extends far beyond the technology behind it. Bitcoin’s existence gives me confidence in my ability to secure basic needs and find community anywhere, without relying on easily confiscated physical assets. Meeting fellow Bitcoin enthusiasts often reveals shared worldviews and values, creating instant connections. Ultimately, Bitcoin's security stems not just from its technology, but from the human network it has fostered. It offers the reassurance that I could "land on my feet" anywhere, preserving both financial sovereignty and social bonds with free-thinking individuals. This holistic security - financial, social, and psychological - provides profound peace of mind in uncertain times. --- ‘Think You Know Bitcoin Security?’ was Written By Paul G Conlon. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: noisycyclone54@walletofsatoshi.com

@ 57d1a264:69f1fee1

Looking to contribute to @Jon_Hodl [SN Media Kit](https://stacker.news/items/783995/r/Design_r), It will be great to have all memes about SN in one place. I did not find many, as SN search does not really focus on image results! Help me collect the best SN themed memes! These are the ones I found:          originally posted at https://stacker.news/items/784549

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/WaPLVUS81EM?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ 5d4b6c8d:8a1c1ee3

Wizards and Bulls are about to tip. Who's watching the games tonight? I've got a little action on the Bucks, who are pretty large underdogs, for reasons I can't begin to fathom. originally posted at https://stacker.news/items/784245

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><video src="https://plebdevs-bucket.nyc3.cdn.digitaloceanspaces.com/starter-lesson-4.mp4" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" controls></video></div> # CSS Fundamentals: Styling Your First Webpage ## Introduction In our previous lesson, we created the structure of our webpage with HTML. Now, we'll learn how to style it using CSS (Cascading Style Sheets). While HTML provides the bones of our webpage, CSS adds the visual presentation - the colors, layouts, spacing, and overall aesthetics. ## What is CSS? ### Definition CSS (Cascading Style Sheets) is a stylesheet language that controls the visual presentation of HTML documents. Think of it like the paint, decorations, and interior design of a house - it determines how everything looks and is arranged. ### Key Concepts 1. **Styling Capabilities** - Fonts and typography - Colors and backgrounds - Margins and padding - Element sizes - Visual effects - Layout and positioning 2. **Cascading Nature** - Styles can be inherited from parent elements - Multiple styles can apply to the same element - Specificity determines which styles take precedence - Styles "cascade" down through your document ## Basic CSS Syntax ```css selector { property: value; } ``` ### Example: ```css h1 { color: blue; font-size: 24px; margin-bottom: 20px; } ``` ## Connecting CSS to HTML ### Method 1: External Stylesheet (Recommended) ```html <link rel="stylesheet" href="style.css"> ``` ### Method 2: Internal CSS ```html <style> h1 { color: blue; } </style> ``` ### Method 3: Inline CSS (Use Sparingly) ```html <h1 style="color: blue;">Title</h1> ``` ## The Box Model Every HTML element is treated as a box in CSS, with: ``` ┌──────────────────────┐ │ Margin │ │ ┌──────────────┐ │ │ │ Border │ │ │ │ ┌──────────┐ │ │ │ │ │ Padding │ │ │ │ │ │ ┌──────┐ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │Content│ │ │ │ │ │ │ │ │ │ │ │ │ │ │ └──────┘ │ │ │ │ │ └──────────┘ │ │ │ └──────────────┘ │ └──────────────────────┘ ``` - **Content**: The actual content of the element - **Padding**: Space between content and border - **Border**: The border around the padding - **Margin**: Space outside the border ## CSS Units ### Absolute Units - `px` - pixels - `pt` - points - `cm` - centimeters - `mm` - millimeters - `in` - inches ### Relative Units - `%` - percentage relative to parent - `em` - relative to font-size - `rem` - relative to root font-size - `vh` - viewport height - `vw` - viewport width ## Practical Example: Styling Our Webpage ### 1. Basic Page Setup ```css body { min-height: 100vh; margin: 0; font-family: Arial, sans-serif; background-color: #f0f0f0; display: flex; flex-direction: column; } ``` ### 2. Header Styling ```css header { background-color: #333; color: white; padding: 20px; text-align: center; } ``` ### 3. Main Content Area ```css main { max-width: 800px; margin: 0 auto; padding: 20px; flex: 1; } ``` ### 4. Footer Styling ```css footer { background-color: #333; color: white; padding: 10px; text-align: center; } ``` ## Layout with Flexbox ### Basic Concept Flexbox is a modern layout system that makes it easier to create flexible, responsive layouts. ### Key Properties ```css .container { display: flex; flex-direction: row | column; justify-content: center | space-between | space-around; align-items: center | flex-start | flex-end; } ``` ### Common Use Cases 1. Centering content 2. Creating navigation bars 3. Building responsive layouts 4. Equal-height columns 5. Dynamic spacing ## Best Practices ### 1. Organization - Use consistent naming conventions - Group related styles together - Comment your code for clarity - Keep selectors simple and specific ### 2. Performance - Avoid unnecessary specificity - Use shorthand properties when possible - Minimize redundant code - Consider load time impact ### 3. Maintainability - Use external stylesheets - Follow a consistent formatting style - Break large stylesheets into logical files - Document important design decisions ## Debugging CSS ### Common Tools 1. Browser Developer Tools - Element inspector - Style inspector - Box model viewer ### Common Issues 1. Specificity conflicts 2. Inheritance problems 3. Box model confusion 4. Flexbox alignment issues ## Exercises ### 1. Style Modifications Try modifying these properties in your stylesheet: ```css /* Change colors */ header { background-color: #4a90e2; } /* Adjust spacing */ main { padding: 40px; } /* Modify typography */ h1 { font-size: 32px; font-weight: bold; } ``` ### 2. Layout Challenge Create a card layout using Flexbox: ```css .card-container { display: flex; justify-content: space-between; gap: 20px; } .card { flex: 1; padding: 20px; background: white; border-radius: 8px; box-shadow: 0 2px 4px rgba(0,0,0,0.1); } ``` ## Additional Resources ### Learning Tools 1. [Flexbox Froggy](https://flexboxfroggy.com/) - Interactive Flexbox learning game 2. [CSS-Tricks](https://css-tricks.com) - Excellent CSS reference and tutorials 3. [MDN CSS Documentation](https://developer.mozilla.org/en-US/docs/Web/CSS) ### Practice Projects 1. Style your personal webpage 2. Create a responsive navigation menu 3. Build a flexible card layout 4. Design a custom button style Remember: CSS is both an art and a science. Don't be afraid to experiment and break things - that's how you'll learn the most. The key is to start simple and gradually add complexity as you become more comfortable with the basics. Next up, we'll dive into JavaScript to add interactivity to our webpage! 🚀

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><video src="https://plebdevs-bucket.nyc3.cdn.digitaloceanspaces.com/starter-lesson-4.mp4" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" controls></video></div> # CSS Fundamentals: Styling Your First Webpage ## Introduction In our previous lesson, we created the structure of our webpage with HTML. Now, we'll learn how to style it using CSS (Cascading Style Sheets). While HTML provides the bones of our webpage, CSS adds the visual presentation - the colors, layouts, spacing, and overall aesthetics. ## What is CSS? ### Definition CSS (Cascading Style Sheets) is a stylesheet language that controls the visual presentation of HTML documents. Think of it like the paint, decorations, and interior design of a house - it determines how everything looks and is arranged. ### Key Concepts 1. **Styling Capabilities** - Fonts and typography - Colors and backgrounds - Margins and padding - Element sizes - Visual effects - Layout and positioning 2. **Cascading Nature** - Styles can be inherited from parent elements - Multiple styles can apply to the same element - Specificity determines which styles take precedence - Styles "cascade" down through your document ## Basic CSS Syntax ```css selector { property: value; } ``` ### Example: ```css h1 { color: blue; font-size: 24px; margin-bottom: 20px; } ``` ## Connecting CSS to HTML ### Method 1: External Stylesheet (Recommended) ```html <link rel="stylesheet" href="style.css"> ``` ### Method 2: Internal CSS ```html <style> h1 { color: blue; } </style> ``` ### Method 3: Inline CSS (Use Sparingly) ```html <h1 style="color: blue;">Title</h1> ``` ## The Box Model Every HTML element is treated as a box in CSS, with: ``` ┌──────────────────────┐ │ Margin │ │ ┌──────────────┐ │ │ │ Border │ │ │ │ ┌──────────┐ │ │ │ │ │ Padding │ │ │ │ │ │ ┌──────┐ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │Content│ │ │ │ │ │ │ │ │ │ │ │ │ │ │ └──────┘ │ │ │ │ │ └──────────┘ │ │ │ └──────────────┘ │ └──────────────────────┘ ``` - **Content**: The actual content of the element - **Padding**: Space between content and border - **Border**: The border around the padding - **Margin**: Space outside the border ## CSS Units ### Absolute Units - `px` - pixels - `pt` - points - `cm` - centimeters - `mm` - millimeters - `in` - inches ### Relative Units - `%` - percentage relative to parent - `em` - relative to font-size - `rem` - relative to root font-size - `vh` - viewport height - `vw` - viewport width ## Practical Example: Styling Our Webpage ### 1. Basic Page Setup ```css body { min-height: 100vh; margin: 0; font-family: Arial, sans-serif; background-color: #f0f0f0; display: flex; flex-direction: column; } ``` ### 2. Header Styling ```css header { background-color: #333; color: white; padding: 20px; text-align: center; } ``` ### 3. Main Content Area ```css main { max-width: 800px; margin: 0 auto; padding: 20px; flex: 1; } ``` ### 4. Footer Styling ```css footer { background-color: #333; color: white; padding: 10px; text-align: center; } ``` ## Layout with Flexbox ### Basic Concept Flexbox is a modern layout system that makes it easier to create flexible, responsive layouts. ### Key Properties ```css .container { display: flex; flex-direction: row | column; justify-content: center | space-between | space-around; align-items: center | flex-start | flex-end; } ``` ### Common Use Cases 1. Centering content 2. Creating navigation bars 3. Building responsive layouts 4. Equal-height columns 5. Dynamic spacing ## Best Practices ### 1. Organization - Use consistent naming conventions - Group related styles together - Comment your code for clarity - Keep selectors simple and specific ### 2. Performance - Avoid unnecessary specificity - Use shorthand properties when possible - Minimize redundant code - Consider load time impact ### 3. Maintainability - Use external stylesheets - Follow a consistent formatting style - Break large stylesheets into logical files - Document important design decisions ## Debugging CSS ### Common Tools 1. Browser Developer Tools - Element inspector - Style inspector - Box model viewer ### Common Issues 1. Specificity conflicts 2. Inheritance problems 3. Box model confusion 4. Flexbox alignment issues ## Exercises ### 1. Style Modifications Try modifying these properties in your stylesheet: ```css /* Change colors */ header { background-color: #4a90e2; } /* Adjust spacing */ main { padding: 40px; } /* Modify typography */ h1 { font-size: 32px; font-weight: bold; } ``` ### 2. Layout Challenge Create a card layout using Flexbox: ```css .card-container { display: flex; justify-content: space-between; gap: 20px; } .card { flex: 1; padding: 20px; background: white; border-radius: 8px; box-shadow: 0 2px 4px rgba(0,0,0,0.1); } ``` ## Additional Resources ### Learning Tools 1. [Flexbox Froggy](https://flexboxfroggy.com/) - Interactive Flexbox learning game 2. [CSS-Tricks](https://css-tricks.com) - Excellent CSS reference and tutorials 3. [MDN CSS Documentation](https://developer.mozilla.org/en-US/docs/Web/CSS) ### Practice Projects 1. Style your personal webpage 2. Create a responsive navigation menu 3. Build a flexible card layout 4. Design a custom button style Remember: CSS is both an art and a science. Don't be afraid to experiment and break things - that's how you'll learn the most. The key is to start simple and gradually add complexity as you become more comfortable with the basics. Next up, we'll dive into JavaScript to add interactivity to our webpage! 🚀

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><video src="https://plebdevs.com/api/get-video-url?videoKey=starter-lesson-0.mp4" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" controls></video></div> # Welcome to the PlebDevs Starter Course ## Course Mission Welcome to the PlebDevs starter course! I'm Austin, the founder of PlebDevs, and I'll be walking you through this short intro starter course that will get you up and running and interacting with the rest of the content on the platform. If you're here, I'm assuming you're new to coding or just starting out. If you already have experience and have your bearings down, there's lots more intermediate and advanced content on the platform. This course is designed for absolute beginners. ## Course Goals ### Overall PlebDevs Goals 1. Learn how to code 2. Build Bitcoin/Lightning/Nostr apps 3. Become a developer This is a big journey with a lot of pieces and things to learn. The starter course is going to get you on that path as quickly as possible and make it a smooth journey. ### Starter Course Objectives 1. Give you an easy, high-level overview of the dev journey 2. Get you set up and comfortable in a development environment where you'll write and ship code 3. Give you basic experience in the languages covered in our courses and workshops There's lots of material out there that will just tell you exactly what to do and not explain why but I want you to actually understand for yourself. I want you to have a good mental model of what this journey is going to be like, what it's going to be like actually writing and pushing code. And then we're going to start getting our hands dirty and gain real experience. ## What is a PlebDev? ### Origins and Philosophy I started using the term "PlebDev" a few years ago to describe a unique approach to learning development in the Bitcoin space. It represents: - **Inclusive Learning**: Anyone can become a developer, regardless of background - **Growth Mindset**: Embracing the journey from beginner to professional - **Practical Focus**: Emphasizing real-world application development - **Community Support**: Learning and growing together ### Key Characteristics - 🌱 **Growth-Focused**: PlebDevs are always learning and improving - 🎯 **App-Centric**: Focus on building applications rather than protocol development - 🆕 **Embrace Being New**: Being a new developer is infinitely better than being on the sidelines - 🤝 **Community-Driven**: Bitcoin/Lightning/Nostr ecosystem needs more plebdevs like you! ## Our Learning Approach ### Core Principles 1. **Lower Barriers** - Simplify complex concepts - Focus on practical understanding - Build confidence through action 2. **Project-Based Learning** - Learn by doing - Create real applications - Build a portfolio as you learn 3. **MVP (Minimum Viable Product) Focus** - Start with core functionality - Get things working first - Iterate and improve 4. **Actionable Knowledge** - Focus on the 20% that delivers 80% of results - Learn what you can use right away - Build practical skills ### Teaching Methods - Detailed concept breakdowns - Line-by-line code explanations - Interactive learning - 1:1 support available - Community-driven progress ## Course Structure ### The Learning Path Instead of the traditional bottom-up approach, we use a project-focused method: ``` 🏔️ Advanced Skills 🏔️ Projects & Practice 🏔️ Core Concepts 🏔️ Development Environment 🏔️ Getting Started ``` We'll create checkpoints through projects, allowing you to: - Verify your understanding - Build your portfolio - See real progress - Have reference points for review ## Student Expectations ### What We Expect From You - **High Agency**: Take ownership of your learning journey - **Active Participation**: Engage with the material and community - **Persistence**: Push through challenges - **Curiosity**: Ask questions and explore concepts ### What You Can Expect From Us - Clear, practical instruction - Comprehensive support - Real-world applications - Community backing ## Getting Started ### Next Steps 1. Ensure you're ready to commit to learning 2. Set up your development environment (next lesson) 3. Join our community 4. Start building! ## Resources and Support ### Where to Get Help - plebdevs.com ### Tips for Success 1. Push code daily, even if it is small. 2. Focus on understanding rather than memorizing. 3. Build projects that interest you. 4. Engage with the community. 5. Don't be afraid to ask questions. ## Remember You don't need to become a "10x developer" overnight. The goal is to start writing code, build useful things, and gradually improve. Every expert was once a beginner, and the journey of a thousand miles begins with a single line of code. Ready to begin? Let's dive into the next lesson where we'll set up your development environment! 🚀

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/BgKagRu_n2M?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/RK40cIY8t3E?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ 5d4b6c8d:8a1c1ee3

We're moving on up! The Raiders are sitting on the third pick, with no prospect of winning again in sight. This is by far the most hopeless Raiders team I've ever seen. Not necessarily the worst, but I've never been so sure that they're going to lose each week. # Picks 3rd - QB Shedeur Sanders 34th - WR Isaiah Bond 65th - CB Mansoor Delane 69th (nice) - RB Kaleb Johnson 104th - DT Omarr Norman-Lott 140th - DE Dani Dennis-Sutton 177th - S Dante Trader Jr. 212th - G Jonah Monheim 216th - LB Chris Paul Jr. 219th - OT Drew Shelton Finally! We got our QB. There are a lot of signs that Shedeur is angling to land in Vegas and the interest is definitely mutual. It would have been nice to take care of the lines a little earlier, but a high-end WR would be very helpful. Also, Chris Paul's son falls to us in the 7th. originally posted at https://stacker.news/items/782909

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/HLhjV813rqc?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/qeKZj-DZ6iU?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ f33c8a96:5ec6f741

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/_G49vKrKbsU?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ 468f729d:5ab4fd5e

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><video src="http://localhost:3000/api/get-video-url?videoKey=starter-lesson-0.mp4" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" controls></video></div> ## Course Mission Welcome to the PlebDevs starter course! I'm Austin, the founder of PlebDevs, and I'll be walking you through this short intro starter course that will get you up and running and interacting with the rest of the content on the platform. If you're here, I'm assuming you're new to coding or just starting out. If you already have experience and have your bearings down, there's lots more intermediate and advanced content on the platform. This course is designed for absolute beginners. ## Course Goals ### Overall PlebDevs Goals 1. Learn how to code 2. Build Bitcoin/Lightning/Nostr apps 3. Become a developer This is a big journey with a lot of pieces and things to learn. The starter course is going to get you on that path as quickly as possible and make it a smooth journey. ### Starter Course Objectives 1. Give you an easy, high-level overview of the dev journey 2. Get you set up and comfortable in a development environment where you'll write and ship code 3. Give you basic experience in the languages covered in our courses and workshops There's lots of material out there that will just tell you exactly what to do and not explain why but I want you to actually understand for yourself. I want you to have a good mental model of what this journey is going to be like, what it's going to be like actually writing and pushing code. And then we're going to start getting our hands dirty and gain real experience. ## What is a PlebDev? ### Origins and Philosophy I started using the term "PlebDev" a few years ago to describe a unique approach to learning development in the Bitcoin space. It represents: - **Inclusive Learning**: Anyone can become a developer, regardless of background - **Growth Mindset**: Embracing the journey from beginner to professional - **Practical Focus**: Emphasizing real-world application development - **Community Support**: Learning and growing together ### Key Characteristics - 🌱 **Growth-Focused**: PlebDevs are always learning and improving - 🎯 **App-Centric**: Focus on building applications rather than protocol development - 🆕 **Embrace Being New**: Being a new developer is infinitely better than being on the sidelines - 🤝 **Community-Driven**: Bitcoin/Lightning/Nostr ecosystem needs more plebdevs like you! ## Our Learning Approach ### Core Principles 1. **Lower Barriers** - Simplify complex concepts - Focus on practical understanding - Build confidence through action 2. **Project-Based Learning** - Learn by doing - Create real applications - Build a portfolio as you learn 3. **MVP (Minimum Viable Product) Focus** - Start with core functionality - Get things working first - Iterate and improve 4. **Actionable Knowledge** - Focus on the 20% that delivers 80% of results - Learn what you can use right away - Build practical skills ### Teaching Methods - Detailed concept breakdowns - Line-by-line code explanations - Interactive learning - 1:1 support available - Community-driven progress ## Course Structure ### The Learning Path Instead of the traditional bottom-up approach, we use a project-focused method: ``` 🏔️ Advanced Skills 🏔️ Projects & Practice 🏔️ Core Concepts 🏔️ Development Environment 🏔️ Getting Started ``` We'll create checkpoints through projects, allowing you to: - Verify your understanding - Build your portfolio - See real progress - Have reference points for review ## Student Expectations ### What We Expect From You - **High Agency**: Take ownership of your learning journey - **Active Participation**: Engage with the material and community - **Persistence**: Push through challenges - **Curiosity**: Ask questions and explore concepts ### What You Can Expect From Us - Clear, practical instruction - Comprehensive support - Real-world applications - Community backing ## Getting Started ### Next Steps 1. Ensure you're ready to commit to learning 2. Set up your development environment (next lesson) 3. Join our community 4. Start building! ## Resources and Support ### Where to Get Help - plebdevs.com ### Tips for Success 1. Push code daily, even if it is small. 2. Focus on understanding rather than memorizing. 3. Build projects that interest you. 4. Engage with the community. 5. Don't be afraid to ask questions. ## Remember You don't need to become a "10x developer" overnight. The goal is to start writing code, build useful things, and gradually improve. Every expert was once a beginner, and the journey of a thousand miles begins with a single line of code. Ready to begin? Let's dive into the next lesson where we'll set up your development environment! 🚀

@ 468f729d:5ab4fd5e

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><video src="http://localhost:3000/api/get-video-url?videoKey=testr.mp4" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" controls></video></div> ## Course Mission Welcome to the PlebDevs starter course! I'm Austin, the founder of PlebDevs, and I'll be walking you through this short intro starter course that will get you up and running and interacting with the rest of the content on the platform. If you're here, I'm assuming you're new to coding or just starting out. If you already have experience and have your bearings down, there's lots more intermediate and advanced content on the platform. This course is designed for absolute beginners. ## Course Goals ### Overall PlebDevs Goals 1. Learn how to code 2. Build Bitcoin/Lightning/Nostr apps 3. Become a developer This is a big journey with a lot of pieces and things to learn. The starter course is going to get you on that path as quickly as possible and make it a smooth journey. ### Starter Course Objectives 1. Give you an easy, high-level overview of the dev journey 2. Get you set up and comfortable in a development environment where you'll write and ship code 3. Give you basic experience in the languages covered in our courses and workshops There's lots of material out there that will just tell you exactly what to do and not explain why but I want you to actually understand for yourself. I want you to have a good mental model of what this journey is going to be like, what it's going to be like actually writing and pushing code. And then we're going to start getting our hands dirty and gain real experience. ## What is a PlebDev? ### Origins and Philosophy I started using the term "PlebDev" a few years ago to describe a unique approach to learning development in the Bitcoin space. It represents: - **Inclusive Learning**: Anyone can become a developer, regardless of background - **Growth Mindset**: Embracing the journey from beginner to professional - **Practical Focus**: Emphasizing real-world application development - **Community Support**: Learning and growing together ### Key Characteristics - 🌱 **Growth-Focused**: PlebDevs are always learning and improving - 🎯 **App-Centric**: Focus on building applications rather than protocol development - 🆕 **Embrace Being New**: Being a new developer is infinitely better than being on the sidelines - 🤝 **Community-Driven**: Bitcoin/Lightning/Nostr ecosystem needs more plebdevs like you! ## Our Learning Approach ### Core Principles 1. **Lower Barriers** - Simplify complex concepts - Focus on practical understanding - Build confidence through action 2. **Project-Based Learning** - Learn by doing - Create real applications - Build a portfolio as you learn 3. **MVP (Minimum Viable Product) Focus** - Start with core functionality - Get things working first - Iterate and improve 4. **Actionable Knowledge** - Focus on the 20% that delivers 80% of results - Learn what you can use right away - Build practical skills ### Teaching Methods - Detailed concept breakdowns - Line-by-line code explanations - Interactive learning - 1:1 support available - Community-driven progress ## Course Structure ### The Learning Path Instead of the traditional bottom-up approach, we use a project-focused method: ``` 🏔️ Advanced Skills 🏔️ Projects & Practice 🏔️ Core Concepts 🏔️ Development Environment 🏔️ Getting Started ``` We'll create checkpoints through projects, allowing you to: - Verify your understanding - Build your portfolio - See real progress - Have reference points for review ## Student Expectations ### What We Expect From You - **High Agency**: Take ownership of your learning journey - **Active Participation**: Engage with the material and community - **Persistence**: Push through challenges - **Curiosity**: Ask questions and explore concepts ### What You Can Expect From Us - Clear, practical instruction - Comprehensive support - Real-world applications - Community backing ## Getting Started ### Next Steps 1. Ensure you're ready to commit to learning 2. Set up your development environment (next lesson) 3. Join our community 4. Start building! ## Resources and Support ### Where to Get Help - plebdevs.com ### Tips for Success 1. Push code daily, even if it is small. 2. Focus on understanding rather than memorizing. 3. Build projects that interest you. 4. Engage with the community. 5. Don't be afraid to ask questions. ## Remember You don't need to become a "10x developer" overnight. The goal is to start writing code, build useful things, and gradually improve. Every expert was once a beginner, and the journey of a thousand miles begins with a single line of code. Ready to begin? Let's dive into the next lesson where we'll set up your development environment! 🚀

@ e968e50b:db2a803a

# Home bitcoin mining is arbitrage across time. As I understand it, industrial miners pay as they go. In fact, I believe there are whole companies that are dedicated to mitigating risk to the energy providers by providing direct, real-time payment rails between the miners and providers. This is not true for me. I pay my energy bill once a month, LONG after the bitcoin has been mined, the heat recycled, and the sn pontifications posted. What this means is that the "profitability" of home miners on any given day is actually related to the current "price" of bitcoin on the date that one has to sell it to pay the electric bill. For example: [Here's a website I like to go to when I'm too lazy to do the math on a miner's profitability myself.](https://www.asicminervalue.com) Whenever I've checked it, it's been basically correct. BUT, that's if I'm assuming that I have to pay my electric bill in fiat the same day that I do my mining it sats. This isn't the case though. In reality, if I have a miner that makes 250 (pic below) sats a day, I can get those sats from my pool immediately through the lightning network. According to the calculator, I'm paying 20 cents for those sats, so I'm paying 210 sats in electricity as of the time of this writing. BUT that's not really the case. I'm actually going to pay for that electricity on January 1st. So, by the time I'm paying, if the "price" of bitcoin has risen, I'm selling less sats out of my earnings.  What's the point? You should be home mining. It's not just good for the network, it's a way to be a real-life time bandit! You'll be like the Terminator, but with arbitrage. ...like of like a Robin Hood Terminator. ## Actual Picture of Home Miner in 2024 - The Robinator  Also, my [Braiins Boiler Room](https://github.com/ttooccooll/braiinsboilerroom) now lets you see how many sats each of your miners are specifically contributing to your mining revenue. Also, also, after watching [this video](https://www.youtube.com/watch?v=L2hE-kAnlvs), I've just been stuffing my s9 into my air intake after everyone goes to bed at night. I remove it in the morning to put back in the garage. It's a much cheaper alternative to the s19 he demonstrates with here and the noise doesn't disturb anyone since it's just become my after-hours furnace. originally posted at https://stacker.news/items/782522

@ 005bc4de:ef11e1a2

I edited the book "Kicking the Hornet's Nest" with all of Satoshi's writings. It's free, but there's a printed version also on Lulu and Amazon. Of course, they only take fiat. I want to offer "Kicking" for sale via bitcoin. https://crrdlx.vercel.app/kicking/index.html Here's what I want to happen: 1. Simple web form...person clicks buy-with-bitcoin. They enter their shipping address, they send BTC. 2. I get notified of shipping address and proof of payment. 3. I ship book. I understand that btcpay is likely the gold standard for this and I've watched a few videos on it. But, that might be getting ahead of things at this point. Maybe in the future. I'm looking for simple...I'm considering doing this just via dm and trust (trust is required anyway when buying online). I'd be saying, "You send me X sats and include your shipping address, I promise I'll send you the book." However, I'm sure there are more professional options out there. SN has all the smart bitcoin kids, so I'm asking, "What are my options?" originally posted at https://stacker.news/items/782304

@ 5d4b6c8d:8a1c1ee3

Here are today's picks using my proprietary betting strategy at [Freebitcoin](https://freebitco.in/?r=51325722). For details about what Risk Balanced Odds Arbitrage is and why it works see https://stacker.news/items/342765/r/Undisciplined. For a hypothetical 1k wager on each match, distribute your sats as follows: | Outcome 1 | Outcome 2 | Outcome 3 | Bet 1 | Bet 2 | Bet 3 | |--------------|-------------|--------------|-------|-------|-------| | Real Betis| Barcelona | Draw | 220| 520 | 260| | Leganes| Real Sociedad| Draw | 270| 420| 310| | Girona| Real Madrid| Draw | 200| 580| 220| | Atletico Madrid| Sevilla | Draw | 650| 140| 210| | Napoli| Lazio| Draw | 500| 230| 270| | Juventus| Bologna| Draw | 550| 190| 260| | Inter Milan| Parma| Draw | 820| 60| 120| | Atalanta| AC Milan| Draw | 480| 270| 250| The most recent RBOA post that is entirely in the books is https://stacker.news/items/743312/r/Undisciplined. I won over 28k on these picks with just over 26k in wagers. originally posted at https://stacker.news/items/782203

@ c11cf5f8:4928464d

Are you a merchant? Having a shop? Doing commerce? Selling stuff for BTC? Or even you have friends with shops that start accepting Bitcoin? After a year, I'd be interested to bring up an [old conversation](https://stacker.news/items/248871/r/AG), as it was really valuable! Share here your story (no need to give specific location details if you do not want to dox yourself), just explain how was your process and what would like to be better: - type of shop your have (online or pupusas) - type of commerce (retail, grocery, bar etc) - how was the onboarding process - what tools / apps you used, in the beginning and later - how you improved your use of bitcoin apps - how you consider bitcoin in your accounting (cash or "investment") - anything you would like to share We need more voice from Bitcoin merchants! Speak loud! originally posted at https://stacker.news/items/782196

@ 30ceb64e:7f08bdf5

 ## Introduction As Nostr continues to evolve, exciting opportunities are emerging for creators looking to build shops online . The age of the nostr shop is just begining. I'm staring at a the inevitability of extremely easy to setup shops from your most trusted npubs and creators, offering you cool products and services. ## Background My bitcoin rabbit hole journey (which is probably another article I should write) coincided with me setting up a drop shipping Shopify store, selling remote work gear and merch to people who found themselves making that transition during the plandemic. Funnily enough, I find myself attempting to do similar things, but on top of bitcoin and nostr. ## Present The combination of cypher.space and printify, allow me to sell custom products to freaks. Currently I have a pair of running shoes and a poster showing artwork from my album Animal Bus. Both of these items appear on Amethyst and Shopstr, and once i've tested the quality of the products and have ironed out any kinks, i'll advertise the shop to the wider nostr ecosystem. For the time being, the shop being a bit directionless is probably fine, over time i'll hone in on what my audience would be willing to buy, and offer pretty cool stuff.   ## Rough Roadmap - Album Artwork as Posters - Vinyl Records - Notebooks - Backpacks - Clothes - Shoes I have all of these pretty much ready to go, but I'd want to re-do designs and test the quality of the products before promoting the stuff too heavily. I'll sell a bunch of the stuff at a discount, as to generate orders so that I can increase my WOT score, and selling the products below the cost of production would probably market well in the short term.   ## Would be cool to sell - Seed Signer Parts - Blockstream Jades - Meshtastic Stuff - Bitaxe things I could wait for an order and buy most of the stuff from a local computer store. Contributing to the decentralization of Free Open Source hardware sourcing would be pretty cool, and probably more important or attractive than selling t-shirts.  ## Interoperability and Opportunity Its pretty wild how Amethyst has Shopstr integrated into their client. Its pretty much the most popular non apple client on Nostr and as such, creates excellent visibility for sellers to showcase products. Right now the demand and listings aren't too great (which is probably great for people just starting out like me). I see Nostr as the new digital frontier with 100x growth over the horizon. I'm building a digital homestead and the shop hustle might be a few of the bricks in the wall. ## Intentions matter I've been thinking a bit if my intentions were pure. I'm having fun creating these things and setting up some of this stuff, but I think its more important to do things for the right reason. I would hate to find myself larping or aiming for social media fame as an InFluEncer. Serving the community while getting zaps seems to be a primary motivator, I want to make zaps but I don't want to do it by selling my soul, grifting or scamming. I'll keep hustling wildly and if I think I've gone too far, ill try reeling it back I suppose. ## Conclusion In Conclusion, this wild hustle is about they joy of building and contributing to a community, while enjoying a deeper sense of ownership, censorship resistance, and freedom. I'm looking forward to growing sustainably while providing value and receiving value in return. Thanks, Hustle originally posted at https://stacker.news/items/782173

@ 5d4b6c8d:8a1c1ee3

We're coming down the home stretch of the Group Play rounds. Remember that you won't be able to use your rebuys once we enter the Knockout Round. # Tuesday's Games - Bulls 1-1 @ Wizards 0-2 - Bucks 2-0 @ Heat 1-1 - Rockets 2-0 @ T-Wolves 1-1 - Spurs 1-1 @ Jazz 0-2 - Lakers 2-0 @ Suns 1-1 I need to decide between the Spurs and the Bulls. The Spurs might actually make it to the Knockout Rounds, but it's hard to imagine wanting to pick them then. I'll post the segment of our podcast where we talk about the Emirates Cup before Tuesday, just in case our analysis sways any opinions. # Prize: Almost 60k! Thanks to recent zaps and @Carresan buying back in, we're closing in on a 60k prize. originally posted at https://stacker.news/items/781193

@ 30ceb64e:7f08bdf5

## A Personal Journey I recently created a blog using npub.pro to consolidate my Nostr and Stacker News longform posts in one place. It's been a fun experiment, with surprising results.  https://thebloghustle.npub.pro/ Primal now displays my SN and Nostr posts through a selection on my profile screen, and users are able to highlight, zap, and comment on the highlights of my articles.  I need to write more, the blog will be something of an open diary, detailing my personal experience with Nostr and bitcoin. ## Why Nostr Outshines Substack and Medium Nostr in my opinion has already surpassed the legacy blogging platforms. Functionalities like zapping, highlighting, and commenting, are fun and cool, but when added to Nostr's interconnectivity something magical appears. I had no idea my cross posted SN longform posts would be found in npub.pro, and I didn't know npub.pro had added longform support. Primal 2.0 was pretty much the nail in the coffin, the most popular Nostr client just added a reads section, supporting longform content. Nostr freaks like to talk about sovereignty and decentralization and owning your online identity, but the main attraction will probably be zaps, interconnectivity, and a more optimal UX. Npub.pro, Cypher.space, Blogspot.io, Highlighter, Stacker News, Primal 2.0 and Yakihonne, are just the beginnings, but offer an amazing glimpse at what the future has in store. Keep in mind that these sites are sharing an average of around 10k daily active users, we'll see an explosion of content and a diversity of content because these platforms offer incentives and functionalities that you don't see elsewhere, as bitcoin becomes less taboo, and as the early adopter phase of these products comes to a close, we'll probably see v4v censorship resistance and digital ownership immensely supporting the underdog, the same underdog that just came over for the ease of use and hype. So with that being said, highlight away. Let me know what you guys think about blogging on Nostr and if you think these are just the ramblings of a madman, or bland and obvious observations. Thanks, Hustle originally posted at https://stacker.news/items/781159

@ 9358c676:9f2912fc

### OBJECTIVE Establish a hospital guide for thromboembolism prophylaxis in patients admitted to our center, aiming to increase safety in its indication, reduce the incidence of venous thrombosis events in at-risk patients, and minimize adverse effects related to thromboprophylaxis. ### SCOPE All patients over 16 years of age admitted to our institution. ### RESPONSIBILITIES Institution physicians from Hematology Services, Surgical Services, Medical Clinic Service, Intensive Care Unit (ICU), and Coronary Unit (CCU). Nursing Coordination. Nursing Department Head. Pharmacy Service. ### REFERENCES AND BIBLIOGRAPHY 1. Updated recommendations for prophylaxis of venous thromboembolic disease in Argentina. Fernando J. Vazquez et al. MEDICINA (Buenos Aires) 2020; 80: 69-80. 2. American Society of Hematology 2018 guidelines for management of venous thromboembolism: prophylaxis for hospitalized and nonhospitalized medical patients. Blood Advances. Holger J. Schünemann et al. DOI 10.1182/bloodadvances.2018022954 3. High-dose versus low-dose venous thromboprophylaxis in hospitalized patients with COVID-19: a systematic review and meta-analysis. Emanuele Valeriani et al. Internal and Emergency Medicine (2022) 17:1817–1825. https://doi.org/10.1007/s11739-022-03004-x 4. Recommendations for the use of thromboprophylaxis in hospitalized COVID-19 patients in Argentina. Fernando J. Vazquez et al. MEDICINA (Buenos Aires) 2020; Vol. 80 (Suppl. III): 65-66. ISSN 1669-9106 ### INTRODUCTION Thromboembolic prophylaxis in hospitalized patients is a critical intervention to reduce the risk of thrombotic events, one of the leading causes of morbidity and mortality in hospitals. Prolonged immobilization, along with other risk factors such as surgeries, trauma, comorbidities, and specific treatments, significantly increases the possibility of developing deep vein thrombosis (DVT) or pulmonary embolism (PE), which are serious conditions requiring rapid intervention and can threaten the patient's life. In Argentina, the incidence of venous thromboembolism in hospitalized patients is high and represents a significant clinical challenge. It is estimated that hospitalization increases the likelihood of a thromboembolic event by 10 times compared to the general population. Implementing effective thromboprophylaxis strategies can reduce this incidence, optimizing patient safety and reducing both the costs associated with complications and the duration of hospitalization. This guide aims to standardize the use of thromboprophylaxis in our institution, improving the identification of at-risk patients and promoting safe interventions based on updated scientific evidence. ### GENERAL RECOMMENDATIONS FOR THROMBOPROPHYLAXIS General indications for thromboprophylaxis are essential to ensure safety and effectiveness in preventing thromboembolic events. The following general recommendations are provided: Patients without prior anticoagulation: Recommendations apply only to patients who were not receiving oral anticoagulation before hospitalization. Initial Evaluation: Prior to starting prophylaxis, a complete blood count, prothrombin time, aPTT, platelet count, and an estimation of renal function through creatinine clearance should be obtained. Conditions for Surgical Patients: All recommendations for surgical patients assume no intraoperative hemorrhagic complications and adequate hemostasis. Special Cases Evaluation: Prophylaxis in patients with extreme weight (under 40 kg or over 100 kg) or renal insufficiency with a clearance of less than 30 ml/min should be evaluated by a Hematology specialist. Early Mobilization: Routine early mobilization is recommended for all patients, as long as it is safe. ### RISK SCALE APPLICATION The assessment of thromboembolic event risk should begin with correct categorization of the patient. Risk Factors for Venous Thromboembolism (VTE) during hospitalization include: prolonged immobility (more than 2 days in bed), active neoplasms, stroke, heart failure, chronic obstructive pulmonary disease, acute infections, rheumatoid arthritis, ANCA-positive vasculitis, and inflammatory bowel disease. These clinical conditions account for approximately 75% of fatal pulmonary thromboembolisms (PE), highlighting the importance of adequate antithrombotic prophylaxis. Risk scales are designed to categorize both thromboembolic risk and bleeding risk associated with thromboprophylaxis. The bleeding risk, whether major or clinically relevant, increases with the use of pharmacological prophylaxis. However, fatal bleeding is 10 times less frequent than fatal PE. ### CONTRAINDICATIONS FOR THROMBOPROPHYLAXIS General contraindications for pharmacological thromboprophylaxis in hospitalized patients aim to prevent hemorrhagic complications. The main contraindications are: Clinically significant active hemorrhage. Platelet count less than 30,000 platelets/ml. Major bleeding disorders. Active intracranial hemorrhage. Recent peri-spinal hemorrhage. Recent surgery with a high risk of bleeding. It is crucial to carefully evaluate these contraindications before initiating any thromboprophylaxis protocol. ### INDICATION FOR THROMBOPROPHYLAXIS IN NON-SURGICAL HOSPITALIZED PATIENTS Validated scales help categorize the risk and indication for venous thromboembolism (VTE) in hospitalized patients with non-surgical conditions: the IMPROVE-VTE scale, which considers a high risk for scores above 2 and very high risk for scores above 4, with additional factors such as elevated D-dimer, advanced age, cancer history, or previous VTE. To assess bleeding risk, the IMPROVE-Bleed scale identifies high risk with scores of 7 or higher. Patients with high VTE risk and low bleeding risk should receive prophylaxis until discharge, and in high-risk cases, it should be extended afterward. Improve VTE Scale Risk Factors and Points Patient History Previous VTE: 3 points Recent surgery (within 30 days): 2 points Active cancer: 2 points History of trauma: 1 point Clinical Factors Age 40-60 years: 1 point Age over 60 years: 2 points Obesity (BMI > 30): 1 point Prolonged immobility (e.g., bed rest for more than 3 days): 2 points Laboratory Findings Elevated D-dimer: 1 point Medication Use Hormonal therapy (e.g., oral contraceptives, hormone replacement therapy): 1 point Recent chemotherapy: 2 points Physical Examination Signs of deep vein thrombosis (DVT) such as swelling, pain, or tenderness in the legs: 2 points Scoring and Risk Levels Total Score Calculation: Add the points from all applicable categories. Risk Levels: 0-2 points: Low Risk - Standard care; consider early mobilization. 3-5 points: Moderate Risk - Consider mechanical prophylaxis (e.g., compression stockings) and/or pharmacologic prophylaxis. 6+ points: High Risk - Strongly consider pharmacologic prophylaxis (e.g., anticoagulants) and close monitoring. IMPROVE-Bleed Scale for Bleeding Risk Assessment Risk Factors and Points Creatinine clearance < 60 ml/min: 1 point Creatinine clearance < 30 ml/min: 2.5 points Male sex: 1 point Age > 40: 1.5 points Age > 85: 3.5 points Active cancer: 2 points Rheumatic disease: 2 points Central venous catheter: 2 points Admission to Intensive Care Unit or Coronary Care Unit: 2.5 points Liver failure (INR > 1.5): 2.5 points Platelets < 50,000/µl: 4 points Bleeding in the last 3 months: 4 points Active gastroduodenal ulcer: 4.5 points Score Interpretation Total Score: 7 or more: High bleeding risk, with a bleeding probability of 4% or more. General Recommendations for Thromboprophylaxis in Hospitalized Patients with Medical Conditions Without Surgery Population: High or moderate risk of thrombosis and low risk of bleeding Recommendation: Critical: Enoxaparin 40 mg every 24 hours; Non-critical: Enoxaparin 40 mg every 24 hours. Alternative: Unfractionated heparin 5000 U every 8 or 12 hours. Comments: Until discharge; may consider prolonging in very high-risk patients. Population: High risk of thrombosis and high risk of bleeding Recommendation: IPC or CG. Alternative: - Comments: - Population: Patients with creatinine clearance less than 30 ml/min Recommendation: Unfractionated heparin 5000 U every 8 or 12 hours. Alternative: - Comments: Reassess pharmacological prophylaxis when there is low bleeding risk. Until discharge; may consider prolonging in very high-risk patients. Population: Patients with ischemic stroke Recommendation: Enoxaparin 40 mg every 24 hours. Alternative: IPC. Comments: Initiate within the first 24 hours. Until discharge; may consider prolonging in very high-risk patients. Population: Patients with intracranial hemorrhage (ICH) Recommendation: IPC or CG for 48 to 72 hours after stabilization of bleeding, then Enoxaparin 40 mg every 24 hours. Alternative: IPC. Comments: Hemorrhage control should be monitored with imaging and evolution. Until discharge; may consider prolonging in very high-risk patients. Population: Patients with subarachnoid hemorrhage (SAH) Recommendation: IPC or CG for 48 to 72 hours after vascular exclusion or surgical resolution of the aneurysm, then Enoxaparin 40 mg every 24 hours. Alternative: IPC. Comments: Hemorrhage control should be monitored with imaging and evolution. Until discharge; may consider prolonging in very high-risk patients. References UFH: unfractionated heparin IPC: intermittent pneumatic compression CG: graduated compression stockings CVA: cerebrovascular accident ICH: intracranial hemorrhage SAH: subarachnoid hemorrhage ### RECOMMENDATIONS FOR THROMBOPROPHYLAXIS IN HOSPITALIZED PATIENTS WITH NON-SURGICAL CLINICAL DISEASES Population Recommendation Alternative Comments Duration High or moderate VTE risk with low bleeding risk Enoxaparin 40 mg every 24 hours (critical); Enoxaparin 40 mg every 24 hours (non-critical) Unfractionated heparin (UFH) 5000 U every 8 or 12 hours Until discharge, may be extended for very high-risk patients High VTE risk and high bleeding risk CNI or MCG Creatinine clearance < 30 ml/min UFH 5000 U every 8 or 12 hours Reevaluate when bleeding risk is low Until discharge, may be extended for very high-risk patients ### INDICATION FOR THROMBOPROPHYLAXIS IN SURGICAL PATIENTS WITH NON-ORTHOPEDIC SURGERY In non-ambulatory surgeries, the risk of venous thromboembolism (VTE) varies depending on the patient's risk factors and the type of surgery. Thus, individual risk stratification using the Caprini scale is imperative. Patients undergoing general surgery with moderate or higher thrombotic risk (3 points or more) and no increased bleeding risk should receive pharmacological thromboprophylaxis. ### CAPRINI SCALE Caprini Risk Assessment Model Risk Factors and Points History of VTE Previous VTE: 3 points Active Cancer Current or recent cancer (within 6 months): 3 points Receiving treatment for cancer: 3 points Surgery/Trauma Major surgery (e.g., orthopedic, abdominal) with general anesthesia: 2 points Trauma with hospitalization: 2 points Minor surgery with general anesthesia: 1 point Age Age 41-60 years: 1 point Age 61-74 years: 2 points Age 75 years or older: 3 points Obesity BMI 30-39: 1 point BMI 40 or greater: 2 points Immobility Bed rest for more than 3 days: 2 points Paraplegia or quadriplegia: 2 points Hormonal Therapy Current use of estrogen-containing medications (e.g., oral contraceptives, hormone replacement therapy): 1 point Other Risk Factors History of heart failure or chronic lung disease: 1 point History of inflammatory bowel disease: 1 point History of stroke: 1 point Varicose veins: 1 point Recent travel (long-distance travel > 4 hours): 1 point Scoring and Risk Levels Total Score Calculation: Add the points from all applicable categories. Risk Levels: 0-1 points: Low Risk - Standard care; consider early mobilization. 2-3 points: Moderate Risk - Consider mechanical prophylaxis (e.g., compression stockings). 4-5 points: High Risk - Consider pharmacologic prophylaxis (e.g., anticoagulants) and mechanical methods. 6+ points: Very High Risk - Strongly consider pharmacologic prophylaxis and close monitoring. Interpretation of Caprini Scale Score: Total Score Risk Level Recommendation Comments Duration 0-1 Low Early ambulation Until discharge 2-3 Moderate CNI or MCG Begin before surgery Until discharge 4 or more High Enoxaparin 40 mg every 24 hours or UFH 5000 U every 8 or 12 hours Administer the dose 12 hours before abdominal or pelvic surgery, restart 12 hours post-procedure Minimum 7-10 days; extend up to 28 days post-surgery for oncologic patients or those with low bleeding risk ### INDICATION FOR THROMBOPROPHYLAXIS IN ORTHOPEDIC SURGERY PATIENTS Major orthopedic surgeries, including total hip arthroplasty (THA), total knee arthroplasty (TKA), and hip fracture surgery (HFS), pose a high risk of thrombotic complications (40%-60% without proper thromboprophylaxis). Pharmacological prophylaxis is always recommended regardless of individual risk factors. Special Considerations: In outpatient knee arthroscopy, early ambulation is encouraged. Prophylaxis with low molecular weight heparin (LMWH) for at least 7 days should be considered only in patients with high thrombotic risk (e.g., cancer, prior VTE, obesity, pregnancy, or postpartum). For immobilization lasting more than 7 days due to fractures, tendinous/cartilaginous ruptures, or soft tissue injuries below the patella with risk factors, pharmacological prophylaxis with LMWH is recommended. In spinal surgeries, mechanical prophylaxis with graduated compression stockings (GCS) and early ambulation are advised. For prolonged procedures (> 1 hour) with risk factors, pharmacological prophylaxis (Enoxaparin 40 mg/day or UFH 5000 U every 8-12 hours) is recommended 24 hours post-surgery until discharge. Major trauma patients should receive mechanical prophylaxis (CNI or GCS) combined with Enoxaparin 40 mg/day, provided there is no increased bleeding risk, from admission to discharge, including the rehabilitation period. Recommendations for Orthopedic Surgery: Population Recommended Indication Alternative Comments Duration Scheduled hip and knee surgery Apixaban 2.5 mg every 12 hours None Start 12 hours after surgery 28-35 days (hip), 14 days (knee), extend up to 35 days Dabigatran 220 mg every 24 hours None Start 110 mg 4 hours after surgery, then continue with 220 mg Enoxaparin 40 mg every 24 hours None Start 12 hours after surgery Rivaroxaban 10 mg every 24 hours None Start 6 hours after surgery Hip fracture Enoxaparin 40 mg every 24 hours UFH 5000 U every 8 or 12 hours Administer from admission and 8-12 hours before surgery; restart 8-12 hours post-surgery 14-35 days ### INDICATION FOR THROMBOPROPHYLAXIS IN OBSTETRICS Postpartum hemorrhage is the leading cause of maternal death in developing countries, while venous thromboembolic disease (VTE) is the leading cause in developed countries. Pregnant women are 4-10 times more likely to develop VTE than non-pregnant women. Although the incidence of VTE during pregnancy is low (1-2 per 1000 pregnancies), it is considered a preventable cause of maternal death. ### INDICATION FOR THROMBOPROPHYLAXIS IN COVID-19 HOSPITALIZED PATIENTS COVID-19 infection is associated with an increased risk of venous thromboembolism, particularly in ICU patients. These patients are considered at high thrombotic risk during hospitalization, with significantly elevated D-dimer levels linked to greater risk of severe complications, including death and disseminated intravascular coagulation. Recommendations: Thromboprophylaxis with subcutaneous Enoxaparin 40 mg/day is suggested for all hospitalized patients with severe COVID-19, provided no contraindications exist, throughout their hospital stay.

@ 5d4b6c8d:8a1c1ee3

 Here are today's picks using my proprietary betting strategy at [Freebitcoin](https://freebitco.in/?r=51325722). For details about what Risk Balanced Odds Arbitrage is and why it works see https://stacker.news/items/342765/r/Undisciplined. For a hypothetical 1k wager on each match, distribute your sats as follows: | Outcome 1 | Outcome 2 | Outcome 3 | Bet 1 | Bet 2 | Bet 3 | |--------------|-------------|--------------|-------|-------|-------| | Torino| Napoli| Draw | 210| 500| 290| | Lecce| Juventus| Draw | 180| 560| 260| | Fiorentina| Inter Milan| Draw | 260| 480| 260| | Tottenham| Fullham| Draw | 580| 200| 220| | Southampton| Chelsea| Draw | 160| 620| 220| | Newcastle| Liverpool| Draw | 250| 490| 260| | Man United| Everton| Draw | 640| 150| 210| | Man City| Nottingham Forest| Draw | 800| 60| 140| | Liverpool| Man City| Draw | 440| 300| 260| | Chelsea| Aston Villa| Draw | 530| 240| 230| | Bournemouth| Tottenham| Draw | 310| 440| 250| | Arsenal| Man United| Draw | 600| 180| 220| Yesterday's soccer and Formula 1 events brought in almost 28k on 24k of wagers. The soccer matches came out slightly ahead, but Formula 1 was a huge winner. originally posted at https://stacker.news/items/781101

@ c11cf5f8:4928464d

Let's hear some of your latest Bitcoin purchases, feel free to include links to the shops or merchants you bought from too. If you missed our last thread, [here](https://stacker.news/items/771187/r/AG) are some of the items stackers recently spent their sats on. originally posted at https://stacker.news/items/781052

@ 6f170f27:711e26dd

> Google to sell Chrome AND be banned from re-entering the browser market for five years, recommends US Department of Justice. ([source](https://www.pcgamer.com/hardware/Google-should-sell-chrome-and-more-recommends-US-DoJ/?utm_campaign=socialflow)) What now? Despite Alphabet probably battling this in court I'm interested in how this might affect the internet and literally the world. Here are a few of my unorganized early thoughts, **feel free to share your predictions too** 1. Chrome itself isn't profitable. Alphabet might try to **sell it to another tech firm**. Microsoft, Apple, Meta, Amazon have probably no interest in running it. Second row tech firms like Oracle, IBM, Atlassian, Salesforce, SAP might have big interest in this but will probably not allowed by regulators. 2. Chrome will IPO independently. It's not unprecedented for a divested spinoff to IPO. Then Chrome will have to make money by itself. Would you be willing to **buy Chrome premium subscription**? Or do you think corporate customers would be willing to pay while private usage stays free? 3. Making all Users pay would fundamentally transform the internet. **Imagine a world were Web access costs monthly**. The direction in which money flows from user to browser to website would be fundamentally different from the ad-infrastructure 4. Mozilla **Firefox** might not survive this. If Google is forced to stop paying all browser companies we might end up with a 90% Chrome monopoly and 10% Apple adopting the features Chromium forces them to adopt. 5. **Tor Browser** is in deep trouble. Without relying on Firefox we might need to rewrite Tor ontop of Chromium. Depressing thought. 6. App internet vs Web internet. The balance might shift. If Chrome costs money and Firefox dies we might see a decline in Web usage and rise of Apps using APIs instead. It's not a prison but can you already feel the walls getting closer? originally posted at https://stacker.news/items/780740

@ 07907690:d4e015f6

Karena orang tuanya yang berasal dari Hongaria telah melarikan diri dari rezim Soviet pascaperang untuk menetap di Amerika Serikat, Nick Szabo menganggap daerah Teluk California pada tahun 1990-an sebagai rumahnya. Di sana, ia termasuk orang pertama yang sering menghadiri pertemuan tatap muka "Cypherpunk" yang diselenggarakan oleh Timothy May, Eric Hughes, dan anggota pendiri kolektif kriptografer, programmer, dan aktivis privasi lainnya yang berpusat di sekitar milis tahun 90-an dengan nama yang sama. Seperti Cypherpunk lainnya, Szabo khawatir dengan jaminan privasi yang semakin berkurang di era digital yang akan datang dan mengambil tindakan untuk membendung gelombang tersebut semampunya. Misalnya, di milis Cypherpunk, Szabo memimpin penentangan terhadap "[_Chip Clipper_](https://en.wikipedia.org/wiki/Clipper_chip)", sebuah chip yang diusulkan untuk disematkan di telepon, yang memungkinkan NSA untuk mendengarkan panggilan telepon. Szabo memiliki bakat khusus untuk menjelaskan risiko pelanggaran privasi tersebut dengan cara yang dapat diterima oleh orang-orang yang tidak memiliki latar belakang teknis, terkadang memberikan ceramah tentang topik tersebut atau bahkan membagikan brosur. (Chip tersebut akhirnya ditolak oleh produsen dan konsumen.) Namun seperti Cypherpunk yang lebih berorientasi libertarian, minat Szabo dalam privasi digital adalah bagian dari gambaran yang lebih besar — ini bukan hanya tentang privasi saja. Terinspirasi oleh visi Timothy May sebagaimana yang ditetapkan dalam [_The Crypto Anarchist Manifesto_](https://activism.net/cypherpunk/crypto-anarchy.html), Szabo melihat potensi untuk menciptakan "Galt's Gulch" di dunia maya: domain tempat individu dapat berdagang dengan bebas, seperti yang dijelaskan oleh novel penulis libertarian Ayn Rand, _Atlas Shrugged_. Medan gaya pseudo-fisika dari cerita tersebut, May dan Szabo percaya, dapat digantikan dengan keajaiban kriptografi kunci publik yang baru-baru ini ditemukan. “Jika kita mundur sejenak dan mencermati apa yang ingin dicapai oleh banyak cypherpunk, tema idealis utamanya adalah dunia maya Ghana di mana kekerasan hanya bisa menjadi khayalan, entah itu dalam Mortal Komat \[sic\] atau 'perang api',” [tulis](https://cypherpunks.venona.com/date/1995/09/msg01303.html) Szabo dalam milis Cypherpunks. Namun, Szabo juga menyadari bahwa perusahaan bebas membutuhkan lebih dari sekadar enkripsi sebagai lapisan keamanan. Terinspirasi oleh penulis libertarian lainnya — ekonom Friedrich Hayek — ia menemukan bahwa dasar masyarakat manusia, sebagian besar, didasarkan pada komponen dasar, seperti properti dan kontrak, yang biasanya ditegakkan oleh negara. Untuk menciptakan alternatif dunia maya tanpa negara dan tanpa kekerasan, Szabo tahu bahwa komponen dasar ini harus dipindahkan ke ranah daring. Beginilah cara Szabo, pada pertengahan 1990-an, mengusulkan sesuatu yang mungkin paling dikenalnya saat ini: _kontrak pintar_. Protokol komputer (yang saat itu masih hipotetis) ini dapat memfasilitasi, memverifikasi, dan menegakkan negosiasi atau pelaksanaan kontrak secara digital, idealnya tanpa memerlukan pihak ketiga mana pun. Seperti yang pernah [dikatakan](http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/szabo.best.vwh.net/ttps.html) Szabo : "Pihak ketiga yang tepercaya adalah lubang keamanan." Lubang keamanan ini akan menjadi target peretas atau penjahat — serta negara-negara bangsa selama masa ketidakstabilan politik atau penindasan. Namun kontrak pintar hanyalah sebagian dari teka-teki. Alat kedua yang dibutuhkan Szabo untuk mewujudkan "Galt's Gulch" mungkin bahkan lebih penting. Uang. Uang Elektronik --------------- Mata uang digital, uang tunai untuk internet, selalu menjadi [tujuan utama](https://cypherpunks.venona.com/date/1993/08/msg00426.html) Cypherpunk. Namun, hanya sedikit yang mendalami pokok bahasan tersebut seperti yang dilakukan Szabo. Dalam esainya _"Shelling Out: The Origins of Money,"_ Szabo [menjelaskan](https://nakamotoinstitute.org/shelling-out/) bagaimana — seperti yang [pertama kali dihipotesiskan](https://books.google.nl/books?id=ekonDAAAQBAJ&pg=PA244&lpg=PA244&dq=Richard+Dawkins+money+as+a+formal+token+of+reciprocal+altruism&source=bl&ots=kBbSS-l5AC&sig=fr85YmvwkvFqWcOYLBkL10O7sI4&hl=en&sa=X&redir_esc=y#v=onepage&q=Richard20Dawkins20money20as20a20formal20token20of20reciprocal20altruism&f=false) oleh ahli biologi evolusi Richard Dawkins — penggunaan uang telah tertanam dalam DNA manusia. Setelah menganalisis masyarakat pra-peradaban, Szabo menemukan bahwa orang-orang di berbagai budaya cenderung mengumpulkan benda-benda langka dan mudah dibawa, sering kali untuk dijadikan perhiasan. Benda-benda inilah yang berfungsi sebagai uang, yang pada gilirannya memungkinkan manusia untuk bekerja sama: "altruisme timbal balik" teori permainan melalui perdagangan, dalam skala besar dan lintas waktu. Szabo juga sangat tertarik pada [perbankan bebas](https://en.wikipedia.org/wiki/Free_banking), sebuah pengaturan moneter yang didukung oleh Hayek, di mana bank swasta menerbitkan mata uang mereka sendiri yang tidak terikat pada negara tertentu. Di bawah sistem seperti itu, pasar bebas sepenuhnya bebas menentukan mata uang mana yang akan digunakan. Meskipun merupakan ide baru saat ini (dan bahkan lebih baru lagi pada tahun-tahun sebelum Bitcoin), perbankan bebas merupakan kenyataan di Amerika Serikat pada tahun 1800-an, serta di beberapa negara lain. Szabo juga melanjutkan untuk menerapkan minatnya dalam praktik dan menjual keahliannya sebagai _konsultan perdagangan internet_ pada pertengahan 1990-an, jauh sebelum kebanyakan orang melihat potensi perdagangan daring. Yang paling menonjol, ia menghabiskan waktu bekerja di perusahaan rintisan DigiCash milik David Chaum, yang berkantor pusat di Amsterdam. Perusahaan Chaum memperkenalkan uang digital pertama yang pernah ada di dunia dalam bentuk [eCash](https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream): sarana untuk melakukan pembayaran daring yang sama rahasianya dengan uang tunai di dunia nyata. Namun, di DigiCash pula Szabo mengetahui risiko solusi Chaum. DigiCash adalah perusahaan terpusat, dan Szabo merasa terlalu mudah baginya dan orang lain untuk mengutak-atik saldo orang lain jika mereka mau. Bagaimanapun, pihak tepercaya adalah celah keamanan, dan risiko ini mungkin tidak lebih besar daripada risiko dalam hal uang. “Masalahnya, singkatnya, adalah bahwa uang kita saat ini bergantung pada kepercayaan pada pihak ketiga untuk menentukan nilainya,” Szabo [berpendapat](https://unenumerated.blogspot.com/2005/12/bit-gold.html) pada tahun 2005. “Seperti yang ditunjukkan oleh banyak episode inflasi dan hiperinflasi selama abad ke-20, ini bukanlah keadaan yang ideal.” Bahkan, ia menganggap masalah kepercayaan ini sebagai hambatan yang bahkan solusi perbankan bebas pada umumnya bisa mengalaminya: “\[P\]enerbitan uang kertas swasta, meski memiliki berbagai kelebihan dan kekurangan, juga bergantung pada pihak ketiga yang terpercaya.” Szabo tahu ia ingin menciptakan bentuk uang baru yang tidak bergantung pada kepercayaan pada pihak ketiga mana pun. Berdasarkan analisisnya terhadap uang prasejarah, Szabo telah menempuh perjalanan panjang dalam menentukan seperti apa bentuk uang idealnya. Pertama, uang tersebut harus “aman dari kehilangan dan pencurian yang tidak disengaja.” Kedua, nilainya harus “sangat mahal dan tidak dapat dipalsukan, sehingga dianggap berharga.” Dan ketiga: “Nilai ini \[harus\] diperkirakan secara akurat melalui pengamatan atau pengukuran sederhana.” Dibandingkan dengan logam mulia seperti emas, Szabo ingin menciptakan sesuatu yang digital dan langka, di mana kelangkaan ini tidak bergantung pada kepercayaan pihak ketiga. Ia ingin menciptakan emas digital. > Logam mulia dan barang koleksi memiliki kelangkaan yang tidak dapat dipalsukan karena mahalnya biaya pembuatannya. Hal ini pernah menghasilkan uang yang nilainya sebagian besar tidak bergantung pada pihak ketiga yang tepercaya. Namun, logam mulia memiliki masalah. \[…\] Jadi, akan sangat bagus jika ada protokol yang memungkinkan bit yang sangat mahal dapat dibuat secara daring dengan ketergantungan minimal pada pihak ketiga yang tepercaya, lalu disimpan, ditransfer, dan diuji dengan aman dengan kepercayaan minimal yang serupa. Bit Gold. Bit Gold -------- Szabo pertama kali mencetuskan Bit Gold pada tahun 1998, meskipun ia baru [menjelaskannya secara lengkap](https://unenumerated.blogspot.com/2005/12/bit-gold.html) di depan publik pada [tahun 2005](http://web.archive.org/web/20060329122942/http://unenumerated.blogspot.com/2005/12/bit-gold.html). Skema uang digital yang diusulkannya terdiri dari kombinasi berbagai solusi, beberapa di antaranya terinspirasi oleh (atau menyerupai) konsep uang elektronik sebelumnya. Properti utama pertama Bit Gold adalah _proof of work_, trik kriptografi yang digunakan oleh Dr. Adam Back dalam "mata uang anti-spam" miliknya, [Hashcash](https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block). _Proof of work_ merupakan biaya yang tidak dapat dipalsukan yang dicari Szabo, karena memerlukan sumber daya dunia nyata — daya komputasi — untuk menghasilkan bukti-bukti ini. Sistem pembuktian kerja Bit Gold dimulai dengan "string kandidat": pada dasarnya angka acak. Siapa pun dapat mengambil string ini dan secara matematis menggabungkannya — "hash" — dengan angka acak lain yang baru dibuat. Berdasarkan sifat hashing, hasilnya akan menjadi string angka baru yang tampak acak: hash. Satu-satunya cara untuk mengetahui seperti apa hash ini adalah dengan benar-benar membuatnya — hash tidak dapat dihitung atau diprediksi dengan cara lain. Triknya, yang juga digunakan dalam Hashcash, adalah bahwa tidak semua hash dianggap valid dalam protokol Bit Gold. Sebaliknya, hash yang valid harus, misalnya, dimulai dengan sejumlah angka nol yang telah ditentukan sebelumnya. Karena sifat hashing yang tidak dapat diprediksi, satu-satunya cara untuk menemukan hash yang valid adalah dengan coba-coba. Oleh karena itu, hash yang valid membuktikan bahwa pembuatnya telah mengeluarkan daya komputasi. Hash yang valid ini, pada gilirannya, akan menjadi string kandidat Bit Gold berikutnya. Oleh karena itu, sistem Bit Gold akan berkembang menjadi rantai hash proof-of-work, dan akan selalu ada string kandidat berikutnya untuk digunakan. Siapa pun yang menemukan hash yang valid akan secara harfiah memiliki hash tersebut, mirip dengan bagaimana orang yang menemukan sedikit bijih emas memilikinya. Untuk menetapkan kepemilikan ini secara digital, Bit Gold menggunakan [registri kepemilikan digital](https://nakamotoinstitute.org/secure-property-titles/#selection-125.47-125.66) : blok penyusun lain yang terinspirasi Hayek yang diusulkan oleh Szabo. Dalam registri ini, hash akan ditautkan ke kunci publik dari masing-masing pembuatnya. Melalui registri kepemilikan digital ini pula, hash dapat ditransfer ke pemilik baru: Pemilik asli secara harfiah akan menandatangani transaksi dengan tanda tangan kriptografi. Registri kepemilikan akan dikelola oleh "klub properti" Bit Gold. Klub properti ini terdiri dari "anggota klub" (server) yang akan melacak kunci publik mana yang memiliki hash mana. Solusi ini agak mirip dengan solusi basis data replikasi yang diusulkan Wei Dai untuk b-money; baik Szabo maupun Dai tidak hanya aktif di milis Cypherpunks, tetapi juga di milis tertutup yang membahas topik-topik ini. Namun, alih-alih sistem proof-of-stake milik Dai untuk menjaga agar sistem tetap mutakhir, Szabo mengusulkan "Sistem Kuorum Bizantium." Mirip dengan sistem yang sangat penting bagi keamanan seperti komputer pesawat terbang, jika hanya satu (atau sebagian kecil) dari komputer ini yang tidak berfungsi, sistem secara keseluruhan akan tetap beroperasi dengan baik. Sistem akan bermasalah hanya jika sebagian besar komputer gagal pada saat yang sama. Yang penting, tidak satu pun dari pemeriksaan ini memerlukan pengadilan, hakim, atau polisi, yang didukung oleh monopoli negara atas kekerasan: Semuanya akan bersifat sukarela. Meskipun sistem ini sendiri tidak sepenuhnya sangat ketat — misalnya [Serangan Sybil](https://en.wikipedia.org/wiki/Sybil_attack) (_"sock puppet problem"_) — Szabo yakin sistem ini bisa berjalan sendiri. Bahkan dalam skenario di mana mayoritas anggota klub akan mencoba berbuat curang, minoritas yang jujur bisa bercabang ke dalam daftar kepemilikan yang bersaing. Pengguna kemudian dapat memilih daftar kepemilikan mana yang akan digunakan, yang menurut Szabo mungkin adalah yang jujur. "Jika aturan dilanggar oleh pemilih yang menang, maka pecundang yang benar dapat keluar dari grup dan membentuk grup baru, mewarisi gelar lama," jelasnya. "Pengguna gelar (partai yang mengandalkan) yang ingin mempertahankan gelar yang benar dapat memverifikasi sendiri dengan aman kelompok sempalan mana yang telah mengikuti aturan dengan benar dan beralih ke grup yang benar." (Sebagai contoh modern, ini mungkin dapat dibandingkan dengan Ethereum Classic, yang [memelihara](https://bitcoinmagazine.com/articles/rejecting-today-s-hard-fork-the-ethereum-classic-project-continues-on-the-original-chain-here-s-why-1469038808) versi buku besar Ethereum asli yang tidak membatalkan kontrak pintar The DAO.) Inflasi ------- Masalah berikutnya yang harus dipecahkan Szabo adalah inflasi. Seiring dengan semakin baiknya komputer dari waktu ke waktu, akan semakin mudah untuk menghasilkan hash yang valid. Ini berarti bahwa hash itu sendiri tidak dapat berfungsi sebagai uang dengan baik: hash akan semakin langka setiap tahunnya, sampai pada titik di mana kelimpahan akan melemahkan semua nilai. Szabo menemukan solusinya. Setelah hash yang valid ditemukan, hash tersebut harus diberi cap waktu, idealnya dengan server cap waktu yang berbeda untuk meminimalkan kepercayaan pada hash tertentu. Cap waktu ini akan memberikan gambaran tentang seberapa sulitnya menghasilkan hash: hash yang lama akan lebih sulit diproduksi daripada hash yang baru. Pasar kemudian akan menentukan berapa nilai hash tertentu relatif terhadap hash lainnya, mungkin menyesuaikan nilainya dengan tanggal ditemukannya. "Hash 2018" yang valid seharusnya bernilai jauh lebih rendah daripada "Hash 2008" yang valid. Namun solusi ini, tentu saja, menimbulkan masalah baru, Szabo tahu : "bagian-bagian (solusi teka-teki) dari satu periode (mulai dari detik hingga minggu, katakanlah seminggu) ke periode berikutnya tidak dapat dipertukarkan." Kepertukaran — gagasan bahwa setiap unit mata uang sama dengan unit lainnya — sangat penting bagi uang. Seorang pemilik toko ingin menerima pembayaran tanpa harus khawatir tentang tanggal uang tersebut dibuat. Szabo juga menemukan solusi untuk masalah ini. Ia membayangkan semacam solusi "lapisan kedua" di atas lapisan dasar Bit Gold. Lapisan ini akan terdiri dari sejenis bank, meskipun bank yang dapat diaudit secara aman, karena registri Bit Gold bersifat publik. Bank-bank ini akan mengumpulkan hash yang berbeda dari periode waktu yang berbeda dan, berdasarkan nilai hash ini, menggabungkannya ke dalam paket-paket dengan nilai standar gabungan. "Paket 2018" akan mencakup lebih banyak hash daripada "paket 2008," tetapi kedua paket akan bernilai sama. Paket-paket ini kemudian harus dipotong-potong menjadi sejumlah unit tertentu. Akhirnya, unit-unit ini dapat diterbitkan oleh "bank" sebagai eCash Chaumian yang bersifat pribadi dan anonim. “\[P\]ansa pesaing menerbitkan uang kertas digital yang dapat ditukarkan dengan bit solusi yang nilai pasarnya sama dengan nilai nominal uang kertas (yakni mereka menciptakan kumpulan nilai standar),” jelas Szabo . Dengan demikian, Bit Gold dirancang sebagai lapisan dasar seperti standar emas untuk sistem perbankan bebas di era digital. Bitcoin ------- Pada tahun 2000-an, Szabo melanjutkan pendidikannya dengan meraih gelar sarjana hukum untuk memahami hukum dan realitas kontrak yang ingin ia gantikan atau tiru secara daring dengan lebih baik. Ia juga mulai mengumpulkan dan menerbitkan ide-idenya di sebuah blog yang sangat dihormati, “[Unenumerated](https://unenumerated.blogspot.com/),” yang membahas berbagai topik mulai dari ilmu komputer hingga hukum dan politik, tetapi juga sejarah dan biologi. “Daftar topik untuk blog ini \[…\] sangat luas dan beragam sehingga tidak dapat disebutkan satu per satu,” Szabo [menjelaskan](https://unenumerated.blogspot.com/2005/10/unenumerated.html) judulnya. Pada tahun 2008 — 10 tahun setelah pertama kali mengusulkannya secara pribadi — Szabo mengangkat Bit Gold di blognya sekali lagi, hanya saja kali ini ia ingin mewujudkan implementasi pertama usulannya. “Bit Gold akan sangat diuntungkan dari sebuah demonstrasi, pasar eksperimental (dengan misalnya pihak ketiga yang tepercaya menggantikan keamanan kompleks yang dibutuhkan untuk sistem nyata). Adakah yang mau membantu saya membuat kodenya?” tanyanya [di bagian komentar](https://unenumerated.blogspot.com/2008/04/bit-gold-markets.html?showComment=1207799580000#c3741843833998921269) blognya. Jika ada yang menanggapi, tanggapan itu tidak disampaikan di depan umum. Bit Gold, dalam bentuk yang diusulkan Szabo, tidak pernah dilaksanakan. Namun, Bit Gold tetap menjadi inspirasi utama bagi Satoshi Nakamoto, yang menerbitkan white paper Bitcoin di akhir tahun yang sama. [“Bitcoin merupakan implementasi dari proposal b-money Wei Dai \[...\] di Cypherpunks \[...\] pada tahun 1998 dan proposal Bitgold milik Nick Szabo,”](https://bitcointalk.org/index.php?topic=342.msg4508#msg4508) tulis penemu Bitcoin dengan nama samaran di forum Bitcointalk pada tahun 2010. Memang, tidak sulit untuk melihat Bit Gold sebagai rancangan awal Bitcoin. Selain dari basis data bersama catatan kepemilikan berdasarkan kriptografi kunci publik, rangkaian hash bukti kerja memiliki kemiripan yang aneh dengan [blockchain](/2024/07/apa-itu-blockchain.html) Bitcoin . Dan, tentu saja, nama Bit Gold dan Bitcoin juga tidak terlalu jauh. Namun, tidak seperti sistem seperti Hashcash dan b-money, Bit Gold jelas tidak ada dalam white paper Bitcoin. Beberapa orang bahkan menganggap ketidakhadiran ini begitu penting sehingga mereka menganggapnya sebagai salah satu dari beberapa petunjuk bahwa Szabo pastilah orang di balik julukan Satoshi Nakamoto: Siapa lagi yang akan mencoba menyembunyikan asal-usul Bitcoin seperti ini? Meski demikian, meski mirip dengan Bit Gold dalam beberapa hal, Bitcoin memang menyertakan beberapa perbaikan atas desain Szabo. Secara khusus, di mana Bit Gold masih bergantung pada pihak tepercaya sampai batas tertentu — server dan layanan stempel waktu harus dipercaya sampai batas tertentu untuk tidak berkolusi — Bitcoin adalah sistem pertama yang memecahkan masalah ini sepenuhnya. Bitcoin memecahkannya dengan sangat elegan, dengan memiliki sistem bukti kerja yang diperlukan yang berfungsi sebagai sistem penghargaan dan mekanisme konsensus dalam satu sistem: Rantai hash dengan bukti kerja terbanyak dianggap sebagai versi sejarah yang valid. “Nakamoto memperbaiki kekurangan keamanan signifikan yang ada pada desain saya,” Szabo [mengakui pada tahun 2011](https://unenumerated.blogspot.com/2011/05/bitcoin-what-took-ye-so-long.html), “yakni dengan mensyaratkan bukti kerja untuk menjadi simpul dalam sistem peer-to-peer yang tangguh terhadap Byzantine untuk mengurangi ancaman pihak yang tidak dapat dipercaya yang mengendalikan mayoritas simpul dan dengan demikian merusak sejumlah fitur keamanan penting.” Lebih jauh, Bitcoin memiliki model moneter yang sangat berbeda dari yang diusulkan Szabo, dengan jadwal inflasi tetap yang sama sekali tidak terpengaruh oleh peningkatan daya hash. Seiring meningkatnya daya komputasi pada jaringan Bitcoin, itu artinya semakin sulit menemukan koin baru. “Alih-alih pasar otomatis saya memperhitungkan fakta bahwa tingkat kesulitan teka-teki sering kali dapat berubah secara radikal berdasarkan peningkatan perangkat keras dan terobosan kriptografi (yaitu menemukan algoritma yang dapat memecahkan bukti kerja lebih cepat), dan ketidakpastian permintaan, Nakamoto merancang algoritma yang disetujui Bizantium yang menyesuaikan tingkat kesulitan teka-teki,” jelas Szabo. “Saya tidak dapat memutuskan apakah aspek Bitcoin ini lebih banyak fitur atau lebih banyak bug,” tambahnya, “tetapi ini membuatnya lebih sederhana.” Sumber artikel: [bitcoinmagazine.com](https://bitcoinmagazine.com/culture/genesis-files-bit-gold-szabo-was-inches-away-inventing-bitcoin) Diterjemahkan oleh: [Abeng](https://abeng.xyz)

@ 5d4b6c8d:8a1c1ee3

Hi Everyone, Sorry I'm late putting this up this week. I would like to blame @grayruby, but he actually sent me the itinerary early this week. Here's an outline of topics we're planning on hitting this week: # Territory things: - NFL Survivor Pool- tnstacker and wumbo still hanging around (tnstacker with a bit of a surprise pick this week) - USA vs World NFL pick 'em- what is going on??? - Cricket Pools - NBA Cup pool # Blokd shots (NHL) - why can't Canada win the cup? # MLB - Off-season news - MLB testing ball/strike challenge system # NFL - Fantasy football recap - Current playoff picture - Who is frontrunner for MVP? # NBA cup - Survivor Pool Strategy - Are the Bucks getting back on track or is Giannis just really good - Who wins a 7 game series between Cavs/Celtics right now - Embiid and the 76ers failed Process # Betting - Predyx: in-game betting experience and trying to inflate the 49ers odds originally posted at https://stacker.news/items/780312

@ 6f170f27:711e26dd

 > Here’s a crazy fact for you: Spain and Germany have now seen basically the exact same amount of economic growth post-2008. Would have been unthinkable to people during most of the 2010s. Spain has seen ~10 percentage points more cumulative growth since 2017. ([source](https://x.com/JosephPolitano/status/1860253636762169567)) originally posted at https://stacker.news/items/780007

@ a849beb6:b327e6d2

<img src="https://blossom.primal.net/e306357a7e53c4e40458cf6fa5625917dc8deaa4d1012823caa5a0eefb39e53c.jpg"> \ \ It was another historic week for both bitcoin and the Ten31 portfolio, as the world’s oldest, largest, most battle-tested cryptocurrency climbed to new all-time highs each day to close out the week just shy of the $100,000 mark. Along the way, bitcoin continued to accumulate institutional and regulatory wins, including the much-anticipated approval and launch of spot bitcoin ETF options and the appointment of several additional pro-bitcoin Presidential cabinet officials. The timing for this momentum was poetic, as this week marked the second anniversary of the pico-bottom of the 2022 bear market, a level that bitcoin has now hurdled to the tune of more than 6x despite the litany of bitcoin obituaries published at the time. The entirety of 2024 and especially the past month have further cemented our view that bitcoin is rapidly gaining a sense of legitimacy among institutions, fiduciaries, and governments, and we remain optimistic that this trend is set to accelerate even more into 2025. Several Ten31 portfolio companies made exciting announcements this week that should serve to further entrench bitcoin’s institutional adoption. AnchorWatch, a first of its kind bitcoin insurance provider offering 1:1 coverage with its innovative use of bitcoin’s native properties, announced it has been designated a Lloyd’s of London Coverholder, giving the company unique, blue-chip status as it begins to write bitcoin insurance policies of up to $100 million per policy starting next month. Meanwhile, Battery Finance Founder and CEO Andrew Hohns appeared on CNBC to delve into the launch of Battery’s pioneering private credit strategy which fuses bitcoin and conventional tangible assets in a dual-collateralized structure that offers a compelling risk/return profile to both lenders and borrowers. Both companies are clearing a path for substantially greater bitcoin adoption in massive, untapped pools of capital, and Ten31 is proud to have served as lead investor for AnchorWatch’s Seed round and as exclusive capital partner for Battery. As the world’s largest investor focused entirely on bitcoin, Ten31 has deployed nearly $150 million across two funds into more than 30 of the most promising and innovative companies in the ecosystem like AnchorWatch and Battery, and we expect 2025 to be the best year yet for both bitcoin and our portfolio. Ten31 will hold a first close for its third fund at the end of this year, and investors in that close will benefit from attractive incentives and a strong initial portfolio. Visit ten31.vc/funds to learn more and get in touch to discuss participating.\ \ **Portfolio Company Spotlight**  [Primal](http://primal.net/) is a first of its kind application for the Nostr protocol that combines a client, caching service, analytics tools, and more to address several unmet needs in the nascent Nostr ecosystem. Through the combination of its sleek client application and its caching service (built on a completely open source stack), Primal seeks to offer an end-user experience as smooth and easy as that of legacy social media platforms like Twitter and eventually many other applications, unlocking the vast potential of Nostr for the next billion people. Primal also offers an integrated wallet (powered by [Strike BLACK](https://x.com/Strike/status/1755335823023558819)) that substantially reduces onboarding and UX frictions for both Nostr and the lightning network while highlighting bitcoin’s unique power as internet-native, open-source money.  ### **Selected Portfolio News** AnchorWatch announced it has achieved Llody’s Coverholder status, allowing the company to provide unique 1:1 bitcoin insurance offerings starting in [December](https://x.com/AnchorWatch/status/1858622945763131577).\ \ Battery Finance Founder and CEO Andrew Hohns appeared on CNBC to delve into the company’s unique bitcoin-backed [private credit strategy](https://www.youtube.com/watch?v=26bOawTzT5U). Primal launched version 2.0, a landmark update that adds a feed marketplace, robust advanced search capabilities, premium-tier offerings, and many [more new features](https://primal.net/e/note1kaeajwh275kdwd6s0c2ksvj9f83t0k7usf9qj8fha2ac7m456juqpac43m). Debifi launched its new iOS app for Apple users seeking non-custodial [bitcoin-collateralized loans](https://x.com/debificom/status/1858897785044500642). ### **Media** Strike Founder and CEO Jack Mallers [joined Bloomberg TV](https://www.youtube.com/watch?v=i4z-2v_0H1k) to discuss the strong volumes the company has seen over the past year and the potential for a US bitcoin strategic reserve.  Primal Founder and CEO Miljan Braticevic [joined](https://www.youtube.com/watch?v=kqR_IQfKic8) The Bitcoin Podcast to discuss the rollout of Primal 2.0 and the future of Nostr.  Ten31 Managing Partner Marty Bent [appeared on](https://www.youtube.com/watch?v=_WwZDEtVxOE&t=1556s) BlazeTV to discuss recent changes in the regulatory environment for bitcoin.  Zaprite published a customer [testimonial video](https://x.com/ZapriteApp/status/1859357150809587928) highlighting the popularity of its offerings across the bitcoin ecosystem.  ### **Market Updates** Continuing its recent momentum, bitcoin reached another new all-time high this week, clocking in just below $100,000 on Friday. Bitcoin has now reached a market cap of [nearly $2 trillion](https://companiesmarketcap.com/assets-by-market-cap/), putting it within 3% of the market caps of Amazon and Google.  After receiving SEC and CFTC approval over the past month, long-awaited options on spot bitcoin ETFs were fully [approved](https://finance.yahoo.com/news/bitcoin-etf-options-set-hit-082230483.html) and launched this week. These options should help further expand bitcoin’s institutional [liquidity profile](https://x.com/kellyjgreer/status/1824168136637288912), with potentially significant [implications](https://x.com/dgt10011/status/1837278352823972147) for price action over time. The new derivatives showed strong performance out of the gate, with volumes on options for BlackRock’s IBIT reaching [nearly $2 billion](https://www.coindesk.com/markets/2024/11/20/bitcoin-etf-options-introduction-marks-milestone-despite-position-limits/) on just the first day of trading despite [surprisingly tight](https://x.com/dgt10011/status/1858729192105414837) position limits for the vehicles.  Meanwhile, the underlying spot bitcoin ETF complex had yet another banner week, pulling in [$3.4 billion](https://farside.co.uk/btc/) in net inflows.  New reports [suggested](https://archive.is/LMr4o) President-elect Donald Trump’s social media company is in advanced talks to acquire crypto trading platform Bakkt, potentially the latest indication of the incoming administration’s stance toward the broader “crypto” ecosystem.  On the macro front, US housing starts [declined M/M again](https://finance.yahoo.com/news/us-single-family-housing-starts-134759234.html) in October on persistently high mortgage rates and weather impacts. The metric remains well below pre-COVID levels.  Pockets of the US commercial real estate market remain challenged, as the CEO of large Florida developer Related indicated that [developers need further rate cuts](https://www.bloomberg.com/news/articles/2024-11-19/miami-developer-says-real-estate-market-needs-rate-cuts-badly) “badly” to maintain project viability.  US Manufacturing PMI [increased slightly](https://www.fxstreet.com/news/sp-global-pmis-set-to-signal-us-economy-continued-to-expand-in-november-202411220900) M/M, but has now been in contraction territory (&lt;50) for well over two years. The latest iteration of the University of Michigan’s popular consumer sentiment survey [ticked up](https://archive.is/fY5j6) following this month’s election results, though so did five-year inflation expectations, which now sit comfortably north of 3%.  ### **Regulatory Update** After weeks of speculation, the incoming Trump administration appointed hedge fund manager [Scott Bessent](https://www.cnbc.com/amp/2024/11/22/donald-trump-chooses-hedge-fund-executive-scott-bessent-for-treasury-secretary.html) to head up the US Treasury. Like many of Trump’s cabinet selections so far, Bessent has been a [public advocate](https://x.com/EleanorTerrett/status/1856204133901963512) for bitcoin.  Trump also [appointed](https://www.axios.com/2024/11/19/trump-commerce-secretary-howard-lutnick) Cantor Fitzgerald CEO Howard Lutnick – another outspoken [bitcoin bull](https://www.coindesk.com/policy/2024/09/04/tradfi-companies-want-to-transact-in-bitcoin-says-cantor-fitzgerald-ceo/) – as Secretary of the Commerce Department.  Meanwhile, the Trump team is reportedly considering creating a new [“crypto czar”](https://archive.is/jPQHF) role to sit within the administration. While it’s unclear at this point what that role would entail, one report indicated that the administration’s broader “crypto council” is expected to move forward with plans for a [strategic bitcoin reserve](https://archive.is/ZtiOk). Various government lawyers suggested this week that the Trump administration is likely to be [less aggressive](https://archive.is/Uggnn) in seeking adversarial enforcement actions against bitcoin and “crypto” in general, as regulatory bodies appear poised to shift resources and focus elsewhere.  Other updates from the regulatory apparatus were also directionally positive for bitcoin, most notably FDIC Chairman Martin Gruenberg’s confirmation that he [plans to resign](https://www.politico.com/news/2024/11/19/fdics-gruenberg-says-he-will-resign-jan-19-00190373) from his post at the end of President Biden’s term.  Many critics have alleged Gruenberg was an architect of [“Operation Chokepoint 2.0,”](https://x.com/GOPMajorityWhip/status/1858927571666096628) which has created banking headwinds for bitcoin companies over the past several years, so a change of leadership at the department is likely yet another positive for the space. SEC Chairman Gary Gensler also officially announced he plans to resign at the start of the new administration. Gensler has been the target of much ire from the broader “crypto” space, though we expect many projects outside bitcoin may continue to struggle with questions around the [Howey Test](https://www.investopedia.com/terms/h/howey-test.asp). Overseas, a Chinese court ruled that it is [not illegal](https://www.benzinga.com/24/11/42103633/chinese-court-affirms-cryptocurrency-ownership-as-legal-as-bitcoin-breaks-97k) for individuals to hold cryptocurrency, even though the country is still ostensibly [enforcing a ban](https://www.bbc.com/news/technology-58678907) on crypto transactions.  ### **Noteworthy** The incoming CEO of Charles Schwab – which administers over $9 trillion in client assets – [suggested](https://x.com/matthew_sigel/status/1859700668887597331) the platform is preparing to “get into” spot bitcoin offerings and that he “feels silly” for having waited this long. As this attitude becomes more common among traditional finance players, we continue to believe that the number of acquirers coming to market for bitcoin infrastructure capabilities will far outstrip the number of available high quality assets.  BlackRock’s 2025 Thematic Outlook notes a [“renewed sense of optimism”](https://www.ishares.com/us/insights/2025-thematic-outlook#rate-cuts) on bitcoin among the asset manager’s client base due to macro tailwinds and the improving regulatory environment. Elsewhere, BlackRock’s head of digital assets [indicated](https://www.youtube.com/watch?v=TE7cAw7oIeA) the firm does not view bitcoin as a “risk-on” asset.  MicroStrategy, which was a sub-$1 billion market cap company less than five years ago, briefly breached a [$100 billion equity value](https://finance.yahoo.com/news/microstrategy-breaks-top-100-u-191842879.html) this week as it continues to aggressively acquire bitcoin. The company now holds nearly 350,000 bitcoin on its balance sheet.  Notably, Allianz SE, Germany’s largest insurer, [spoke for 25%](https://bitbo.io/news/allianz-buys-microstrategy-notes/) of MicroStrategy’s latest $3 billion convertible note offering this week, suggesting [growing appetite](https://x.com/Rob1Ham/status/1860053859181199649) for bitcoin proxy exposure among more restricted pools of capital.  The [ongoing meltdown](https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html) of fintech middleware provider Synapse has left tens of thousands of customers with nearly 100% deposit haircuts as hundreds of millions in funds remain missing, the latest unfortunate case study in the fragility of much of the US’s legacy banking stack.  ### **Travel** - [BitcoinMENA](https://bitcoin2024.b.tc/mena), Dec 9-10 - [Nashville BitDevs](https://www.meetup.com/bitcoinpark/events/302533726/?eventOrigin=group_upcoming_events), Dec 10 - [Austin BitDevs](https://www.meetup.com/austin-bitcoin-developers/events/303476169/?eventOrigin=group_upcoming_events), Dec 19 - [Nashville Energy and Mining Summit](https://www.meetup.com/bitcoinpark/events/304092624/?eventOrigin=group_events_list), Jan 30

@ 5d4b6c8d:8a1c1ee3

# Recap We almost made it through unscathed, but the Nets couldn't pull off the win over superstar-less 76ers. The Ewing Theory is very much in play with Joel Embiid. The Warriors game came right down to the wire and was unreasonably close throughout. The Rockets demonstrated why most of us picked them. Easily the pick of the night was @supercyclone's Bulls. I thought he was a dead man walking with that pick, but that's why we play the games. Great pick! The Wizards and Nuggets did their best to keep us from watching, with their horrific court designs. Are the Bucks back on track or are the Pacers just that bad? I'm glad I didn't take the Kings. # Prize: 50 kilosats! @Carresan, you can zap your 5k to this post to buy back in. originally posted at https://stacker.news/items/779825

@ 8dac122d:0fc98d37

Below are discount codes and holiday deals on various cold storage devices. Now is the perfect time to take custody of your own coins. If you know of any other deals not mentioned here, please leave them in the comments. **BITBOX** Get 21% off on the “Black Friday Bundle” (includes BitBox02 hardware wallet; 1 Steelwallet w/automatic puncher; 3 Backup cards). https://shop.bitbox.swiss/de/products/bitbox-all-inclusive-bundle-29/?ref=gxouqmnm **COLDCARD** Get 20% off most products https://store.coinkite.com/store **JADE** Buy One Jade - Get Free Shipping https://store.blockstream.com/products/blockstream-jade-hardware-wallet **KEYSTONE** Get 20% off Keystone Bundle Pack + Extra $10 OFF + Free Shipping. Now thru December 5th https://keyst.one/shop/products/keystone-bundle-pack **LEDGER** Get $70 of Bitcoin with new Ledger. Now thru December 5th https://shop.ledger.com/pages/black-friday **PORTAL** Hardware Wallet - Batch #2 https://store.twenty-two.xyz/products/portal-hardware-wallet **SEEDSIGNER** Kits & Assembled Signers – EU/UK: [GoBrrr](https://www.gobrrr.me), [VULCAN](https://vulcan21.com),  [DIYNodes](https://diynodes.com), [BitcoinBrabant](https://bitcoinbrabant.com), [Bitsaga](https://bitsaga.be) – USA/Canada: [BTC Hardware Solutions](https://btc-hardware-solutions.square.site) (by project leader/creator) – Brazil: [StackBit](https://stackbit.me/categoria-produto/cases) – Australia: [HansMade](https://shopbitcoin.com.au/collections/hansmade) **TREZOR** Get up to 70% off all Trezor products. https://trezor.io/store -50% Trezor Keep Metal 12-word -40% Trezor Model T -30% Trezor Model One -30% Trezor Model Safe 3 originally posted at https://stacker.news/items/779699

@ 6f170f27:711e26dd

 source: https://www.axios.com/2024/11/22/boomers-gen-z-millennials-financial-success I wanted to share this because of two observations: 1. **Why the Zoomer expectation is so surprisingly high** 2. **Why the Millennials are so surprisingly low** Alright, about that first one:  The gut reaction of most people probably is that Zoomers are young, their impressionable years have been marked by inflation. They have more years into the future to think about and their character will be forever stained by this just like great depression babies had a different scarcity mindset even decades after 1929. And thus Zommers extrapolate from there for the next 40 years. 600k. Big number. I think there must be something true to this. But don't forget that the youngest Zoomers are 12yo. Ask any 12yo about financial success and they will answer ONE MILLION. They would answer every question with one million. That skews the statistic. Second thought: Why are Millennials so low? Surely there is a flaw in the graph here if its even lower than genX. Shouldn't it look more like this naturally:  Have a few birthyears been uniquely tainted by 2008? 2008 was bad but there were recessions every few years before that. What's different here? And even more interesting for me: Will we see an effect of this on genAlpha, the children of Millennials? Maybe the future will hold an alternating pattern of scarcity-abundance generations. Reinforced by a self-fulfilling prophecy. originally posted at https://stacker.news/items/779653

@ 5af07946:98fca8c4

US natives think $USD is a currency - for the rest of the world it is an asset . Just like #bitcoin. The way Microstrategy accumulates bitcoin , all central banks collect US debt - a fancier word for US Dollar. As of April 2024, the five countries that hold the most US debt are: Japan: $1.1 trillion China: $749.0 billion United Kingdom: $690.2 billion Luxembourg: $373.5 billion Canada: $328.7 billion Compare this global stake to 15 odd billions that #Microstrategy has in bitcoin. The way Microstrategy wants to protect bitcoin network , central banks want to protect #USD. Which means they all resist any change in capital structure. Not even bitcoin. Thus the peaceful path for bitcoin is to become the reserve strategic asset for United States and thus for rest of the world. The other path is literally fighting governments worldwide .. There is however one more opportunity - that is if people all around world adopt #SATs - which is why success of #nostr is so critical ! And other lightning apps - #LNCalendar , #StackerNews , #Fountain In reality , both these things can happen simultaneously - that would be real freedom - Top down and Bottom up. originally posted at https://stacker.news/items/779432

@ 5d4b6c8d:8a1c1ee3

More exciting basketball and this time we can live bet one of the matches. [Predyx](https://beta.predyx.com/market/nets-vs-76ers-nets-win) has a prediction market for the Sixers/Nets game. One of you maniacs picked the Nets. Good luck! I would have been excited about that Mavs/Nuggets game later, but I don't know if Jokic is even playing and Luka definitely isn't. That probably leaves Bucks/Pacers as the game of the night. originally posted at https://stacker.news/items/779386

@ 6f170f27:711e26dd

 Image [source](https://x.com/hot_girl_spring/status/1859642773059797181) I like Python a lot. But this fcking design decision is so annoying. I cannot tell you how many times I have tumbled over this now by accident. originally posted at https://stacker.news/items/778991

@ 5d4b6c8d:8a1c1ee3

Here are today's picks using my proprietary betting strategy at [Freebitcoin](https://freebitco.in/?r=51325722). For details about what Risk Balanced Odds Arbitrage is and why it works see https://stacker.news/items/342765/r/Undisciplined. There are more matches up, including some Budesliga, but they're too far out to find odds on. For a hypothetical 1k wager on each match, distribute your sats as follows: | Outcome 1 | Outcome 2 | Outcome 3 | Bet 1 | Bet 2 | Bet 3 | |--------------|-------------|--------------|-------|-------|-------| | Sevilla| Osasuna| Draw | 400| 300| 300| | Real Sociedad| Real Betis| Draw | 510| 210| 280| | Real Madrid| Getafe| Draw | 700| 120| 180| RBOA is up almost 85k now. A ton of our past matches are being played tomorrow, so that will be a big test. originally posted at https://stacker.news/items/778487

@ 0861144c:e68a1caf

In the days surrounding the US election, here in Stacker but also in other places, there were lots of debates whether is OK to support a politician or not. That's because of the position took by the *crypto*-industry that have [a very active participation](https://x.com/jespow/status/1806569144294556146) in the republican campaign, not only with words but also money and [some proposals](https://x.com/BitcoinMagazine/status/1859618962092216660). Those days prosecuted also with lots of comments of bitcoiners making arguments about how bad was the take made by the industry because, at the end of the day, Trump isn't a bitcoiner, it's a politician that takes maximum benefits from the *crypto* stuff. Now, having said these things, a couple of notes that I made while I was traveling. ### We were victims of the nirvana fallacy This I heard in the Lex's interview [with Javier Milei](https://www.youtube.com/watch?v=8NLzc9kobDk), where he ask about his insertion into politics. Milei tells that lots of people, including anarcho-capitalists and liberals, criticized him a lot because he was getting with people not so trustworthy and was building a minarchist-style political campaign. The ones making critics argue that nothing is going to change and be truly free, so why bother to get into it? Enter the nirvana fallacy, [which states](https://en.wikipedia.org/wiki/Nirvana_fallacy) *"...comparing actual things with unrealistic, idealized alternatives. It can also refer to the tendency to assume there is a perfect solution to a particular problem."* So, what this has to do with us, as bitcoiners? Well, some notes about where we are right now: * @suraz puts you context in inflation, [it's bad](https://stacker.news/items/767210). * @TomK still talking [about economics](https://stacker.news/items/751811) downsides [and new plans](https://stacker.news/items/731370) So, what can you do? Well, here is where I stated in the past that [bitcoin is a political tool](https://stacker.news/items/627008). Those who doesn't want to participate in politics, I'm sorry but in the moment you chose to opt-out the fiat system, you made a political act, stating your discomfort to participate in a system which promotes war and terrorism. And some of them, tired of legislators who tirelessly chase the industry through the well-documented [Operation ChokePoint 2.0](https://x.com/RepFrenchHill/status/1859270268805657058), took a side. Is the best solution to take a politician as ally? I think not, we don't like political intrusion into our lives but...hey, the [world which we live](https://stacker.news/items/557608) in, either you accept that they want to intrude and try to guide them or leave it to those anti-crypto fascists. We don't take a clear position, it has consequences, so I think is stupid not to fight against it, even if that means to get into the mud, look the other way and pretend we won because we just use it is to fool ourselves. We won't have hyperbitcoinization[^1] in our generation, maybe my kids would and in order to happen, we need hands in every aspect. I myself doubt that all promises are going to make it. [^1]: I think hyperbitcoinization as it is, it's just nonsense invented by some dudes So, yeah, the nirvana fallacy is real, those who claim or criticize bitcoiners for participate in politics behind a screen....fuck you but have a nice day. originally posted at https://stacker.news/items/778354

@ 524314bf:d1e30e55

Hello Fellow Stackers, As many of you know, Stacker News will be completely eliminating it's custodial lightning wallet soon. Prior to this change, Stacker News could serve as a 'poor man's' ln proxy as the sats would go to the Stacker News node, then Stacker News would create a new payment to your node (depending on your wallet settings). This was an awesome tool for us Plebs, but I totally understand that it was probably never the intent of Stacker News to serve this purpose ; more of an emergent behavior. So, I mourn it's loss but I am excited for the next phase of the Stacker News value for value experiment. So, what does this mean for lightning node runners that want to receive sats sent to their Stacker News ln address or want to receive sats from Stacker News activity instead of cowboy credits ? Well, it means that now when you setup a receive option, the receiving node will be exposed when a zap is sent to your Stacker News address. This is a bit of a bummer in comparison to the old setup. With that said, Stacker News is providing an immediate solution for those users that do not want their node ID exposed. Stacker News now has a setting where you can turn on a proxy for any incoming sats to your Stacker News ln address, albeit at a cost of 10% of the receiving amount. I assume this will work to basically give you the same experience as before, with the Stacker News lightning node acting as the proxy before sats are sent to your node. That's awesome that the option is available, but the price is pretty steep (I'd imagine that the price is set steep because Stacker News does not want to act in this function for its users ; this is a classy move to provide it at all even though Stacker News is not probably intending to be a leading privacy service provider in the lightning space). So, what is a pleb to do ? Well, there is a solution out there available to all plebs that can give you the proxy receiving privacy you want without paying 10% of your received sats for that privacy: Enter Zeuspay (https://docs.zeusln.app/lightning-address/intro/) So, Zeuspay is an ln address that any LND node runner can use by setting up their node in the Zeus app via the available options. I won't go into detail how to do this (i'm happy to answer questions in the comments, but not really the point of this post to give a step by step tutorial), but essentially once you have set up your connection in Zeus to your LND node, there is an option in the setting to create your own Zeuspay ln address. This ln address is a bit different than custodial options you have experienced: 1. When sats are sent to this ln address, they actually need to be redeemed by you within the Zeus app within 24 hours. If not redeemed within 24 hours, they are sent back to the sender's wallet. This is how zeus set up the service so that it works best with their embedded mobile node as such nodes will not be online all the time. 2. When you redeem sats, those sats are then actually going first to the Zeus lightning node, and then to your node. Thus, it is a proxy for receiving sats that will not reveal your node to the original sat sender. So, if a Stacker News user sets up their wallet config in Stacker News to receive sats using the ln address to their Zeuspay ln address, they will now have the privacy benefit of before. AND, what's great is that Zeus just recently dropped the receiving fees to 0 for this service (see the recent nost post here: https://njump.me/nevent1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpz9mhxue69uhkummnw3ezumrpdejz7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctcpz9mhxue69uhkummnw3ezuamfdejj7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qqsdmf5h6kpzt2pxh0cmgf43uksjhklx07s49n2ydeh82lnqw83p2pqsph5ec). So, as long as you make sure to log into your Zeus app and redeem sats once a day, you can use this option to receive sats to your Stacker News ln address with a privacy proxy that does not utilize Stacker News' proxy service. Now, one caveat I will say which I experienced while testing: if you do not have a channel open with Zeus, it did not work very well for me. However, once I got a channel open with Zeus, and got some inbound liquidity in that channel, it has worked perfectly. Hope that post serves you well fellow Stackers, happy zapping n stacking :) #bitcoin #lightning originally posted at https://stacker.news/items/778172

@ 129f5189:3a441803

Today we will understand how Argentina, when under the control of the Foro de São Paulo, was an important asset for the Chinese Communist Party in South America and how Javier Milei is charting paths to change this scenario. The Chinese government has been making diplomatic overtures to areas near the polar regions as part of its maritime strategy. After a "strategic retreat," the Southern Hemisphere has assumed a new dimension for Chinese interests in South America. Beijing has been increasing its diplomatic engagement with countries in the region, especially Argentina in recent times, through a series of economic, sociocultural, and to a lesser extent, military agreements. This includes the delivery of vaccines and the intention to accelerate an investment plan worth $30 million. China has focused on several geopolitically sensitive projects in Argentina, all strategic: controlling air and maritime space and strategic facilities in territorial areas monitored by Beijing over Antarctica and the South Atlantic. However, doubts arise about China's intentions... https://image.nostr.build/f55fc5464d8d09cbbddd0fe803b264a5e885da387c2c6c1702f021875beb18c2.jpg For Xi Jinping's government, Argentina stands out for its strategic location, the influential posture of its leaders, and its alignment with China's economic and military power expansion. China has made significant investments and infrastructure initiatives in various Argentine regions. In addition to establishing a presence in the province of Neuquén, China has targeted the port city of Ushuaia in Tierra del Fuego, Antarctica, the South Atlantic islands, and the San Juan region near the Chilean border. A 2012 agreement between authorities in Argentina's Neuquén province and Beijing allowed the construction of a deep space tracking station near the Chilean border, which caught Washington's attention. https://image.nostr.build/a3fa7f2c7174ee9d90aaecd9eadb69a2ef82c04c94584165a213b29d2ae8a66e.jpg In 2014, through a bilateral agreement between the Chinese Lunar Exploration Program, represented by the Satellite Launch and Tracking Control General (CLTC) of the People's Liberation Army (PLA) and Argentina's National Commission on Space Activities (CONAE), the agreement identified the Argentine space station at Bajada del Agrio as the most favorable location for hosting a Chinese base in the Southern Hemisphere. The project became operational in 2017 on a 200-hectare area and represents the third in a global network and the first outside China. It features a 110-ton, 35-meter-diameter antenna for deep space exploration (telemetry and technology for "terrestrial tracking, command, and data acquisition"), with the CLTC having a special exploration license for a period of 50 years. https://image.nostr.build/0a469d8bab900c7cefa854594dfdb934febf2758e1a77c7639d394f14cd98491.jpg The 50-year contract grants the Chinese Communist Party (CCP) the ability to operate freely on Argentine soil. The facility, known as Espacio Lejano, set a precedent for a Chinese ground tracking station in Río Gallegos, on the southeastern coast of Argentina, which was formally announced in 2021. In 2016, a document issued by the U.S. State Council Information Office raised concerns among the U.S. government and European Union (EU) countries about the potential military and geopolitical uses of the base in the Southern Hemisphere and Antarctica. Another element fueling suspicion is the existence of "secret clauses" in a document signed by the General Directorate of Legal Advisory (DICOL) of Argentina’s Ministry of Foreign Affairs, International Trade, and Worship with the Chinese government. https://image.nostr.build/1733ba03475755ddf9be4eafc3e9eb838ba8f9fa6e783a4b060f12b89c3f4165.jpg Since the Espacio Lejano contract was signed, U.S. analysts and authorities have repeatedly expressed concern about China's growing collaboration with Argentina on security and surveillance issues. In 2023, a general from the U.S. Southern Command stated during a hearing of the House Armed Services Committee: "The PRC [People's Republic of China] has expanded its capacity to extract resources, establish ports, manipulate governments through predatory investment practices, and build potential dual-use space facilities." https://image.nostr.build/16bbdeae11247d47a97637402866a0414d235d41fe8039218e26c9d11392b487.jpg The shift in the Argentine government from a leftist spectrum, led by leaders of the São Paulo Forum, to a Milei administration, which has always advocated for libertarian and pro-Western rhetoric, has altered the dynamics of Chinese-Argentine relations in 2024. Milei assumed office on December 10, 2023, replacing the progressive president Alberto Fernández, who had strengthened ties with China and signed an agreement in 2022 to join the CCP’s Belt and Road Initiative. During his campaign, Milei did not hide his disdain for communist regimes and signaled his intention to move away from socialist policies in favor of a more libertarian direction. In the nearly seven months since taking office, Milei has implemented major economic reforms and streamlined the government. https://image.nostr.build/1d534b254529bf10834d81e2ae35ce2698eda2453d5e2b39d98fa50b45c00a59.jpg Other recent "positive indicators" suggest that the Milei administration is prioritizing defense relations with the United States over China, according to Leland Lazarus, Associate Director of National Security at the Jack D. Gordon Institute for Public Policy at Florida International University. "The fact is that, in just six months, he has already visited the United States several times. He has met with Secretary [Antony] Blinken, been to the White House... all of this is like absolute music to General Richardson's ears; to President [Joe] Biden's ears," Lazarus told Epoch Times. General Richardson visited Argentina in April, a trip that included the donation of a C-130H Hercules transport aircraft to the Argentine Air Force and a visit to a naval facility in Ushuaia, Tierra del Fuego, at the southern tip of the country. "We are committed to working closely with Argentina so that our collaborative security efforts benefit our citizens, our countries, and our hemisphere in enduring and positive ways," she said in a statement at the time. In Ushuaia, General Richardson met with local military personnel to discuss their role in "safeguarding vital maritime routes for global trade." https://image.nostr.build/f6d80fee8a7bba03bf11235d86c4f72435ae4be7d201dba81cc8598551e5ed24.jpg In a statement from the Argentine Ministry of Defense, Milei confirmed that General Richardson also reviewed the progress of an "integrated naval base" at the Ushuaia naval facility. Argentine officials said they also discussed "legislative modernization on defense issues." Under the previous administration, China had received preferential treatment. In June 2023, Tierra del Fuego Governor Gustavo Melella approved China's plans to build a "multi-use" port facility near the Strait of Magellan. The project was met with legislative backlash, as three national deputies and members of the Civic Coalition filed an official complaint against the governor's provincial decree to build the port with Beijing. The same group also accused Melella of compromising Argentina’s national security. No public records show that the project has progressed since then. https://image.nostr.build/3b2b57875dc7ac162ab2b198df238cb8479a7d0bbce32b4042e11063b5e2779b.jpg Argentina's desire for deeper security cooperation with Western partners was also evident in April when Argentine Defense Minister Luis Petri signed a historic agreement to purchase 24 F-16 fighter jets from Denmark. "Today we are concluding the most important military aviation acquisition since 1983," Petri said in an official statement. "Thanks to this investment in defense, I can proudly say that we are beginning to restore our air sovereignty and that our entire society is better protected against all the threats we face." https://image.nostr.build/8aa0a6261e61e35c888d022a537f03a0fb7a963a78bf2f1bec9bf0a242289dba.jpg The purchase occurred after several media reports in 2022 indicated that the previous Fernández administration was considering buying JF-17 fighter jets made in China and Pakistan. A former minister from ex-president Mauricio Macri's government, who requested anonymity, confirmed to Epoch Times that a deal to acquire JF-17 jets was being considered during the Fernández era. Chinese investment did not occur only in Argentina. According to a document from the U.S. House Foreign Affairs Committee: "From 2009 to 2019, China transferred a total of $634 million in significant military equipment to five South American countries—Argentina, Bolivia, Ecuador, Peru, and Venezuela. The governments of Venezuela, Ecuador, Bolivia, and Argentina purchased defense equipment from the PRC, cooperated in military exercises, and engaged in educational exchanges and training for their military personnel." https://image.nostr.build/ed6d8daeea418b7e233ef97c90dee5074be64bd572f1fd0a5452b5960617c9ca.jpg Access to space plays a crucial role in the CCP's strategic objectives. Thus, when reports emerged in early April that Milei's government wanted to inspect Espacio Lejano, experts suggested it supported his national security moves away from China. According to the Espacio Lejano contract, signed under Cristina Fernández de Kirchner's Peronist regime, CCP officials are not required to let anyone—including the Argentine president—enter the facility without prior notice. According to Article 3, the agreement stipulates that Argentine authorities cannot interfere with or interrupt the "normal activities" of the facility and must explore alternative options and provide an unspecified amount of notice before being granted access. China has maintained that Espacio Lejano is for deep space exploration, lunar missions, and communication with satellites already in orbit. However, there is deep skepticism that the claim of space exploration alone is highly unlikely. The big question is: what could this facility do in times of war? https://image.nostr.build/f46a2807c02c512e70b14981f07a7e669223a42f3907cbddec952d5b27da9895.jpg Neuquén is just one of 11 ground stations and space research facilities China has in Latin America and the Caribbean. This represents the largest concentration of space equipment China has outside its own country. According to data from the Gordon Institute, the Chinese Espacio Lejano station and the Río Gallegos facility provide an ideal surveillance position near the polar orbit. The polar orbit is useful for data collection, transmission, and tracking because it allows for observation of the entire planet from space. The resolution of communications is also improved due to the proximity of satellites in orbit to the Earth's surface. Additionally, it offers strategic advantages for any government involved in espionage. https://image.nostr.build/39215a4c9f84cbbaf517c4fda8a562bba9e0cd3af3d453a24d3a9b454c5d015d.jpg Regarding deeper security collaboration with the United States, the trend is that Milei’s government will do as much as possible without jeopardizing its contracts with China, which is currently Argentina's second-largest trading partner. However, if Argentina's defense cooperation with China cools, the communist regime might wait for another Argentine government to continue its expansion—a government that could be more favorable to the CCP's objectives. Everything will depend on the continued success of Javier Milei's economic miracle, ensuring his government is re-elected and he can appoint a successor, making it more challenging for China, and avoiding a situation similar to what occurred in Brazil starting in 2023. https://image.nostr.build/a5dd3e59a703c553be60534ac5a539b1e50496c71904d01b16471086e9843cd4.jpg

@ 468f729d:5ab4fd5e

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/RFA4XJ5HfG4?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div> ```js import prisma from "../prisma"; export const getAllDraftsByUserId = async (userId) => { return await prisma.draft.findMany({ where: { userId }, include: { user: true, }, }); } export const getDraftById = async (id) => { return await prisma.draft.findUnique({ where: { id }, include: { user: true, }, }); }; export const createDraft = async (data) => { return await prisma.draft.create({ data: { ...data, user: { connect: { id: data.user, }, }, additionalLinks: data.additionalLinks || [], }, }); }; export const updateDraft = async (id, data) => { const { user, additionalLinks, ...otherData } = data; return await prisma.draft.update({ where: { id }, data: { ...otherData, user: user ? { connect: { id: user } } : undefined, additionalLinks: additionalLinks || undefined, }, }); }; export const deleteDraft = async (id) => { return await prisma.draft.delete({ where: { id }, }); } ```

@ 72592ec9:ffa64d2c

A few months ago, I took a crack at trying to solve a Satoshi puzzle that resurfaced in 2013. Satoshi’s private November 2008 draft code was revealed by Ray Dillinger on BitcoinTalk, receiving acclaim from the likes of @peterktodd and others. This code was originally shared privately by Satoshi with James Donald, Ray Dillinger and Hal Finney. The code was only a draft work in progress, incomplete. It was not yet polished or ready for deployment. But it was where Satoshi was beginning to form his thoughts on Bitcoin's network details, eventually refined and deployed in January of 2009. After the 2013 BitcoinTalk thread died down, the code was left unexamined in detail for years, forgotten again. But one day, @francispouliot_ tweeted about the v0.0 code. Being curious, I thought I’d take a look to see if there were any differences in this private v0.0 code versus the Bitcoin code published as v0.1 in January of 2009. There were huge differences. The most outstanding ones included:  You can see more details about this journey down the rabbit hole of v0.0 code in my earlier part one here: https://medium.com/@Fiach_dubh/1-99-billion-bitcoin-not-21-million-fad9f5550659 Recently, I received some very nice feedback from @lev1tas35619 on this part one, with there interpretation of the Bitcoin v0.0 supply numbers being different from mine. Lev1tas assumed a Bitcoin supply of 20 million units, referring to the COIN variable as supporting evidence for this. This COIN variable, though defined, is not used at all in the v0.0 code. I've looked for it's usage in the three available files (main.cpp, main.h and node.cpp), and not found it being utilized anywhere. To Lev1tas’ credit, they sniffed out something I didn’t feel like explaining all that much in my first article. The fact that bitcoin is not defined at all in v0.0. Satoshi’s are what are defined in Bitcoin’s code, and from their bitcoin is inferred. In v0.1 this inference is expressed by the following code found in the file util.cpp  The most important line here is “n /= CENT” which converts the amount from "satoshi’s" to Bitcoin by dividing it by CENT(a constant defined as 1000000). This is used to show "50.000000" bitcoin as the balance in the Bitcoin GUI for someone who successfully mined one of the first Bitcoin blocks. The issue is that this above code to define the decimal place demarcating Bitcoin’s versus Satoshi’s is nowhere to be found in v0.0 (a lot of code is missing actually). So we are left to assume. I assumed that if we ported over this above v0.1 code to v0.0, we’d get numbers and decimal places as described in part one. (1.99 Billion Bitcoin & 1.9 Trillion Satoshi’s). Lev1tas assumes that COIN is used in place of CENT here for v0.0, even though this “n/=COIN” code is missing from v0.0. So there’s kind of two leaps of assumption they’re making here, versus my one assumption. They’re both assuming a port over of this above code, AND and change from the use of CENT to COIN? But neither of us is really right here, since we don’t really know, the code is missing. What we can at least say for sure though is that the number of Satoshi’s increased from 19.9 Trillion in v0.0 to 2.1 Quadrillion in v0.1. The number of bitcoin in v0.0 is unknown, since it was never defined. Or more accurately, the file and lines of code that defined bitcoin for v0.0 was never revealed publicly by Satoshi. Only the Satoshi’s were known. I want to say a special thank you to Lev1tas for taking the time to engage with me on this interesting bit of Bitcoin history. It’s so fun going through this early Satoshi work, looking at details, and it gets so much better when someone else coinjoins. You mean I’m not the only nerd who likes this stuff? You sniffed out one of my assumptions, good job! But maybe I’m wrong somewhere and missed something? Please let me know what you all think! For the medium link of this article: https://medium.com/@Fiach_dubh/satoshis-2008-bitcoin-source-code-v0-0-had-less-bitcoin-4db33fd0e6c9 originally posted at https://stacker.news/items/777712

@ b6dcdddf:dfee5ee7

Hey SN friends! We built a fun and exciting little thing: Ambassadors. Ambassadors play an essential role in the Bitcoin ecosystem: they spread the word about valuable Geyser initiatives. We finally gave them the recognition they deserve on the leaderboards whenever someone contributes through their "hero link". What do you think? Dope right? The kind of thing you can only/easily do on Lightning ;) Announcement: https://x.com/geyserfund/status/1859654651148370219 originally posted at https://stacker.news/items/777550

@ e968e50b:db2a803a

 I have a bandmate (not in the group pictured) who, as of last night, has now started telling people, "unless you want an earful, PLEASE don't ask the trombone player what his shirt means."  originally posted at https://stacker.news/items/777321

@ 7175188c:6382a72c

It looks like the Megalith LSP node is offline.  What to do in this situation? @Alby @getalby originally posted at https://stacker.news/items/777271

@ a39d19ec:3d88f61e

A state-controlled money supply can influence the development of socialist policies and practices in various ways. Although the relationship is not deterministic, state control over the money supply can contribute to a larger role of the state in the economy and facilitate the implementation of socialist ideals. ## Fiscal Policy Capabilities When the state manages the money supply, it gains the ability to implement fiscal policies that can lead to an expansion of social programs and welfare initiatives. Funding these programs by creating money can enhance the state's influence over the economy and move it closer to a socialist model. The Soviet Union, for instance, had a centralized banking system that enabled the state to fund massive industrialization and social programs, significantly expanding the state's role in the economy. ## Wealth Redistribution Controlling the money supply can also allow the state to influence economic inequality through monetary policies, effectively redistributing wealth and reducing income disparities. By implementing low-interest loans or providing financial assistance to disadvantaged groups, the state can narrow the wealth gap and promote social equality, as seen in many European welfare states. ## Central Planning A state-controlled money supply can contribute to increased central planning, as the state gains more influence over the economy. Central banks, which are state-owned or heavily influenced by the state, play a crucial role in managing the money supply and facilitating central planning. This aligns with socialist principles that advocate for a planned economy where resources are allocated according to social needs rather than market forces. ## Incentives for Staff Staff members working in state institutions responsible for managing the money supply have various incentives to keep the system going. These incentives include job security, professional expertise and reputation, political alignment, regulatory capture, institutional inertia, and legal and administrative barriers. While these factors can differ among individuals, they can collectively contribute to the persistence of a state-controlled money supply system. In conclusion, a state-controlled money supply can facilitate the development of socialist policies and practices by enabling fiscal policies, wealth redistribution, and central planning. The staff responsible for managing the money supply have diverse incentives to maintain the system, further ensuring its continuation. However, it is essential to note that many factors influence the trajectory of an economic system, and the relationship between state control over the money supply and socialism is not inevitable.

@ b17c5987:85d68928

Our nation was founded on the basic idea that the people we elect run the government. That isn’t how America functions today. Most legal edicts aren’t laws enacted by Congress but “rules and regulations” promulgated by unelected bureaucrats—tens of thousands of them each year. Most government enforcement decisions and discretionary expenditures aren’t made by the democratically elected president or even his political appointees but by millions of unelected, unappointed civil servants within government agencies who view themselves as immune from firing thanks to civil-service protections. Our nation was founded on the basic idea that the people we elect run the government. That isn’t how America functions today. Most legal edicts aren’t laws enacted by Congress but “rules and regulations” promulgated by unelected bureaucrats—tens of thousands of them each year. Most government enforcement decisions and discretionary expenditures aren’t made by the democratically elected president or even his political appointees but by millions of unelected, unappointed civil servants within government agencies who view themselves as immune from firing thanks to civil-service protections. This is antidemocratic and antithetical to the Founders’ vision. It imposes massive direct and indirect costs on taxpayers. Thankfully, we have a historic opportunity to solve the problem. On Nov. 5, voters decisively elected Donald Trump with a mandate for sweeping change, and they deserve to get it. President Trump has asked the two of us to lead a newly formed Department of Government Efficiency, or DOGE, to cut the federal government down to size. The entrenched and ever-growing bureaucracy represents an existential threat to our republic, and politicians have abetted it for too long. That’s why we’re doing things differently. We are entrepreneurs, not politicians. We will serve as outside volunteers, not federal officials or employees. Unlike government commissions or advisory committees, we won’t just write reports or cut ribbons. We’ll cut costs. This is antidemocratic and antithetical to the Founders’ vision. It imposes massive direct and indirect costs on taxpayers. Thankfully, we have a historic opportunity to solve the problem. On Nov. 5, voters decisively elected [Donald Trump](https://www.wsj.com/topics/person/donald-trump) with a mandate for sweeping change, and they deserve to get it. President Trump has asked the two of us to lead a newly formed Department of Government Efficiency, or DOGE, to cut the federal government down to size. The entrenched and ever-growing bureaucracy represents an existential threat to our republic, and politicians have abetted it for too long. That’s why we’re doing things differently. We are entrepreneurs, not politicians. We will serve as outside volunteers, not federal officials or employees. Unlike government commissions or advisory committees, we won’t just write reports or cut ribbons. We’ll cut costs. We are assisting the Trump transition team to identify and hire a lean team of small-government crusaders, including some of the sharpest technical and legal minds in America. This team will work in the new administration closely with the White House Office of Management and Budget. The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrative reductions and cost savings. We will focus particularly on driving change through executive action based on existing legislation rather than by passing new laws. Our North Star for reform will be the U.S. Constitution, with a focus on two critical Supreme Court rulings issued during President Biden’s tenure. In West Virginia v. Environmental Protection Agency (2022), the justices held that agencies can’t impose regulations dealing with major economic or policy questions unless Congress specifically authorizes them to do so. In Loper Bright v. Raimondo (2024), the court overturned the Chevron doctrine and held that federal courts should no longer defer to federal agencies’ interpretations of the law or their own rulemaking authority. Together, these cases suggest that a plethora of current federal regulations exceed the authority Congress has granted under the law. DOGE will work with legal experts embedded in government agencies, aided by advanced technology, to apply these rulings to federal regulations enacted by such agencies. DOGE will present this list of regulations to President Trump, who can, by executive action, immediately pause the enforcement of those regulations and initiate the process for review and rescission. This would liberate individuals and businesses from illicit regulations never passed by Congress and stimulate the U.S. economy. When the president nullifies thousands of such regulations, critics will allege executive overreach. In fact, it will be correcting the executive overreach of thousands of regulations promulgated by administrative fiat that were never authorized by Congress. The president owes lawmaking deference to Congress, not to bureaucrats deep within federal agencies. The use of executive orders to substitute for lawmaking by adding burdensome new rules is a constitutional affront, but the use of executive orders to roll back regulations that wrongly bypassed Congress is legitimate and necessary to comply with the Supreme Court’s recent mandates. And after those regulations are fully rescinded, a future president couldn’t simply flip the switch and revive them but would instead have to ask Congress to do so. A drastic reduction in federal regulations provides sound industrial logic for mass head-count reductions across the federal bureaucracy. DOGE intends to work with embedded appointees in agencies to identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions. The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified: Not only are fewer employees required to enforce fewer regulations, but the agency would produce fewer regulations once its scope of authority is properly limited. Employees whose positions are eliminated deserve to be treated with respect, and DOGE’s goal is to help support their transition into the private sector. The president can use existing laws to give them incentives for early retirement and to make voluntary severance payments to facilitate a graceful exit. Conventional wisdom holds that statutory civil-service protections stop the president or even his political appointees from firing federal workers. The purpose of these protections is to protect employees from political retaliation. But the statute allows for “reductions in force” that don’t target specific employees. The statute further empowers the president to “prescribe rules governing the competitive service.” That power is broad. Previous presidents have used it to amend the civil service rules by executive order, and the Supreme Court has held—in Franklin v. Massachusetts (1992) and Collins v. Yellen (2021) that they weren’t constrained by the Administrative Procedures Act when they did so. With this authority, Mr. Trump can implement any number of “rules governing the competitive service” that would curtail administrative overgrowth, from large-scale firings to relocation of federal agencies out of the Washington area. Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home. Finally, we are focused on delivering cost savings for taxpayers. Skeptics question how much federal spending DOGE can tame through executive action alone. They point to the 1974 Impoundment Control Act, which stops the president from ceasing expenditures authorized by Congress. Mr. Trump has previously suggested this statute is unconstitutional, and we believe the current Supreme Court would likely side with him on this question. But even without relying on that view, DOGE will help end federal overspending by taking aim at the $500 billion plus in annual federal expenditures that are unauthorized by Congress or being used in ways that Congress never intended, from $535 million a year to the Corporation for Public Broadcasting and $1.5 billion for grants to international organizations to nearly $300 million to progressive groups like Planned Parenthood. The federal government’s procurement process is also badly broken. Many federal contracts have gone unexamined for years. Large-scale audits conducted during a temporary suspension of payments would yield significant savings. The Pentagon recently failed its seventh consecutive audit, suggesting that the agency’s leadership has little idea how its annual budget of more than $800 billion is spent. Critics claim that we can’t meaningfully close the federal deficit without taking aim at entitlement programs like Medicare and Medicaid, which require Congress to shrink. But this deflects attention from the sheer magnitude of waste, fraud and abuse that nearly all taxpayers wish to end—and that DOGE aims to address by identifying pinpoint executive actions that would result in immediate savings for taxpayers. With a decisive electoral mandate and a 6-3 conservative majority on the Supreme Court, DOGE has a historic opportunity for structural reductions in the federal government. We are prepared for the onslaught from entrenched interests in Washington. We expect to prevail. Now is the moment for decisive action. Our top goal for DOGE is to eliminate the need for its existence by July 4, 2026—the expiration date we have set for our project. There is no better birthday gift to our nation on its 250th anniversary than to deliver a federal government that would make our Founders proud. Mr. Musk is CEO of SpaceX and Tesla. Mr. Ramaswamy, a businessman, is author, most recently, of “Truths: The Future of America First” and was a candidate for the 2024 Republican presidential nomination. President-elect Trump has named them co-heads of the Department of Government Efficiency. We are assisting the Trump transition team to identify and hire a lean team of small-government crusaders, including some of the sharpest technical and legal minds in America. This team will work in the new administration closely with the White House Office of Management and Budget. The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrative reductions and cost savings. We will focus particularly on driving change through executive action based on existing legislation rather than by passing new laws. Our North Star for reform will be the U.S. Constitution, with a focus on two critical Supreme Court rulings issued during President Biden’s tenure. In *West Virginia v. Environmental Protection Agency* (2022), the justices held that agencies can’t impose regulations dealing with major economic or policy questions unless Congress specifically authorizes them to do so. In *Loper Bright v. Raimondo* (2024), the court overturned the *Chevron* doctrine and held that federal courts should no longer defer to federal agencies’ interpretations of the law or their own rulemaking authority. Together, these cases suggest that a plethora of current federal regulations exceed the authority Congress has granted under the law. DOGE will work with legal experts embedded in government agencies, aided by advanced technology, to apply these rulings to federal regulations enacted by such agencies. DOGE will present this list of regulations to President Trump, who can, by executive action, immediately pause the enforcement of those regulations and initiate the process for review and rescission. This would liberate individuals and businesses from illicit regulations never passed by Congress and stimulate the U.S. economy. When the president nullifies thousands of such regulations, critics will allege executive overreach. In fact, it will be *correcting* the executive overreach of thousands of regulations promulgated by administrative fiat that were never authorized by Congress. The president owes lawmaking deference to Congress, not to bureaucrats deep within federal agencies. The use of executive orders to substitute for lawmaking by adding burdensome new rules is a constitutional affront, but the use of executive orders to roll back regulations that wrongly bypassed Congress is legitimate and necessary to comply with the Supreme Court’s recent mandates. And after those regulations are fully rescinded, a future president couldn’t simply flip the switch and revive them but would instead have to ask Congress to do so. A drastic reduction in federal regulations provides sound industrial logic for mass head-count reductions across the federal bureaucracy. DOGE intends to work with embedded appointees in agencies to identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions. The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified: Not only are fewer employees required to enforce fewer regulations, but the agency would produce fewer regulations once its scope of authority is properly limited. Employees whose positions are eliminated deserve to be treated with respect, and DOGE’s goal is to help support their transition into the private sector. The president can use existing laws to give them incentives for early retirement and to make voluntary severance payments to facilitate a graceful exit. Conventional wisdom holds that statutory civil-service protections stop the president or even his political appointees from firing federal workers. The purpose of these protections is to protect employees from political retaliation. But the statute allows for “reductions in force” that don’t target specific employees. The statute further empowers the president to “prescribe rules governing the competitive service.” That power is broad. Previous presidents have used it to amend the civil service rules by executive order, and the Supreme Court has held—in *Franklin v. Massachusetts* (1992) and *Collins v. Yellen* (2021) that they weren’t constrained by the Administrative Procedures Act when they did so. With this authority, Mr. Trump can implement any number of “rules governing the competitive service” that would curtail administrative overgrowth, from large-scale firings to relocation of federal agencies out of the Washington area. Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home. Finally, we are focused on delivering cost savings for taxpayers. Skeptics question how much federal spending DOGE can tame through executive action alone. They point to the 1974 Impoundment Control Act, which stops the president from ceasing expenditures authorized by Congress. Mr. Trump has previously suggested this statute is unconstitutional, and we believe the current Supreme Court would likely side with him on this question. But even without relying on that view, DOGE will help end federal overspending by taking aim at the $500 billion plus in annual federal expenditures that are unauthorized by Congress or being used in ways that Congress never intended, from $535 million a year to the Corporation for Public Broadcasting and $1.5 billion for grants to international organizations to nearly $300 million to progressive groups like Planned Parenthood. The federal government’s procurement process is also badly broken. Many federal contracts have gone unexamined for years. Large-scale audits conducted during a temporary suspension of payments would yield significant savings. The Pentagon recently failed its seventh consecutive audit, suggesting that the agency’s leadership has little idea how its annual budget of more than $800 billion is spent. Critics claim that we can’t meaningfully close the federal deficit without taking aim at entitlement programs like Medicare and Medicaid, which require Congress to shrink. But this deflects attention from the sheer magnitude of waste, fraud and abuse that nearly all taxpayers wish to end—and that DOGE aims to address by identifying pinpoint executive actions that would result in immediate savings for taxpayers. With a decisive electoral mandate and a 6-3 conservative majority on the Supreme Court, DOGE has a historic opportunity for structural reductions in the federal government. We are prepared for the onslaught from entrenched interests in Washington. We expect to prevail. Now is the moment for decisive action. Our top goal for DOGE is to eliminate the need for its existence by July 4, 2026—the expiration date we have set for our project. There is no better birthday gift to our nation on its 250th anniversary than to deliver a federal government that would make our Founders proud. *Mr. Musk is CEO of SpaceX and [Tesla](https://www.wsj.com/market-data/quotes/TSLA). Mr. Ramaswamy, a businessman, is author, most recently, of “Truths: The Future of America First” and was a candidate for the 2024 Republican presidential nomination. President-elect Trump has named them co-heads of the Department of Government Efficiency.*

@ 1bda7e1f:bb97c4d9

### Tldr - Nostr is an open protocol which is interoperable with all kinds of other technologies - You can use this interoperability to create custom solutions - Nostr apps define a custom URI scheme handler "nostr:" - In this blog I use this to integrate Nostr with NFC cards - I create a Nostr NFC "login card" which allows me to log into Amethyst client - I create a Nostr NFC "business card" which allows anyone to find my profile with a tap ### Inter-Op All The Things! Nostr is a new open social protocol for the internet. This open nature is very exciting because it means Nostr can add new capabilities to all other internet-connected technologies, from browsers to web applications. In my view, it achieves this through three core capabilities. - A lightweight decentralised identity (Nostr keys, "npubs" and "nsecs"), - A lightweight data distribution network (Nostr relays), - A set of data interoperability standards (The Nostr Improvement Protocols "NIPs"), including the "nostr:" URI which we'll use in this post. The lightweight nature is its core strength. Very little is required to interoperate with Nostr, which means many existing technologies can be easily used with the network. Over the next few blog posts, I'll explore different Nostr inter-op ideas, and also deliver my first small open source projects to the community. I'll cover– - NFC cards integrated with Nostr (in this post), - Workflow Automations integrated with Nostr, - AI LLMs integrated with Nostr. #### The "Nostr:" URI One feature of Nostr is it defines a custom URI scheme handler "nostr:". What is that? A URI is used to identify a resource in a system. A system will have a protocol handler registry used to store such URI's, and if a system has a URI registered, then it knows what to do when it sees it. You are probably already familiar with some URI schemes such as "http:" and "mailto:". For example, when you click an http link, the system knows that it describes an http resource and opens a web browser to fetch the content from the internet. A nostr: link operates in the same way. The nostr: prefix indicates a custom URI scheme specifically designed for the Nostr protocol. If a system has a Nostr application installed, that application may have registered "nostr:" in the protocol handler registry. On that system when a "nostr:" URI is clicked, the system will know that it describes a nostr resource and open the Nostr client to fetch the content from the nostr relay network. This inter-op with the protocol handler registry gives us the power to do nice and exciting things with other technologies. ### Nostr and NFC Another technology that uses URIs is NFC cards. NFC (Near Field Communication) is a wireless technology that enables devices to exchange data over a few centimeters. It’s widely used in contactless payments, access control, and information sharing. NFC tags are small chips embedded in cards or stickers which can store data like plain text, URLs, or custom URIs. They are very cheap (cents each) and widely available (Amazon with next day delivery). When an NFC tag contains a URI, such as a http: (or nostr:) link, it acts as a trigger. Tapping the tag with an NFC-enabled device launches the associated application and processes the URI. For example, tapping a tag with "nostr:..." could open a Nostr client, directing it to a specific login page, public profile, or event. This inter-op allows us to bridge the physical world to Nostr with just a tap. #### Many useful ideas There are many interesting ways to use this. Too many for me to explore. Perhaps some of these are interesting for your next side hustle? - Nostr NFC "login cards" – tap to log into Amethyst on Android, - Nostr NFC "business cards" – give to connections so they can tap to load your npub, - Nostr NFC "payment cards" – integrating lightning network or ecash, - Nostr NFC "doorbells", "punch cards", "drop boxes", or "dead drops" – put a tag in a specific place and tap to open a location-specific message or chat, - Integrations with other access control systems, - Integrations with other home automation systems, - Many more ... To start with I have built and use the "login card" and "business card" solutions. This blog post will show you how to do the same. ### Nostr Login Card You can use an NFC card to log into your Nostr client. Most Nostr clients accept a variety of login methods, from posting your nsec into the app (insecure) to using a remote signer (more secure). A less known but more secure method is to sign into a session with a tap of a specially-configured NFC card. Amethyst is a Nostr client on Android which supports this type of login. - A secure method for logging in - Optionally keeps no log in history on the device after logout - Does not require users to know or understand how keys work - Keys are kept secure on a physically-separated card to reduce risk of compromise Nostr devs think that this is useful for anti-establishment actors–Fair enough. For me, I am interested in this login card pattern as it could be useful for rolling out identities within an organisation context with less training (office workers are already familiar with door access cards). This pattern potentially abstracts away key management to the IT or ops team who provision the cards. I first discovered this when [Kohei](nostr:npub16lrdq99ng2q4hg5ufre5f8j0qpealp8544vq4ctn2wqyrf4tk6uqn8mfeq) demonstrated it in [his video](nostr:nevent1qqstx0jy5jvzgh7wr6entjuw7h58d7mapupfdpt9hkf7s4gze34a0vspremhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet59upzp47x6q2txs5ptw3fcj8ngj0y7qrnm7z0ft2cptshx5uqgxn2hd4ckqyqd3). Here's how you set it up at a high level– 1. Buy yourself some NFC cards 2. Get your Nostr key ready in an encrypted, password protected format called "nencryptsec" 3. Write the nencryptsec to the NFC card as a custom URI 4. Tap to load the login screen, and enter your password to login Here it is in detail– #### Buy yourself some NFC cards I found no specific requirements. As usual with Nostr so far, I tried to the cheapest possible route and it worked. Generic brand NFC cards shipped from China, I believe it was 50X for $15 from Amazon. Your mileage may vary. #### Get your Nostr key ready Your key will be saved to the NFC card in an encrypted password-protected format called "nencryptsec". Several applications support this. As we'll be using this to login to Amethyst, we will use Amethyst to output the nencryptsec for us. 1. Login to Amethyst with your nsec, 2. Open the sidebar and click "Backup Keys", 3. Enter a password, and click "Encrypt and my secret key", 4. It will add the password-protected key to your clipboard in the format "ncryptsec1...", 5. Remember to backup your password. #### Write the ncryptsec to the NFC card 1. Download the free [NFC Tools app](https://play.google.com/store/apps/details?id=com.wakdev.wdnfc) to your device, and open it, 2. Click "Write" and "Add a record", then click "Custom URL / URI", 3. Paste your nencryptsec with the nostr URI in front, i.e. "nostr:ncryptsec1..." and click OK, 4. Click "Write". NFC Tools will prompt you to "Approach an NFC tag", 5. Place your NFC card against your phone, and it will write to the card, 6. Your card is ready. #### Tap to load the login screen Tap the card against your phone again, and your phone should open the login screen of Amethyst and prompt you for your password. Once you enter your password, Amethyst will decrypt your nsec and log you in. Optionally, you can also set the app to forget you once you log out. You have created a Nostr NFC "login card". ### Nostr Business Card You can use another NFC card to give anyone you meet a link straight to your Nostr profile. I attended [Peter McCormack](nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx)'s #CheatCode conference in Sydney and gave a few of these out following the Nostr panel, notably to [Preston Pysh](nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z) where it [got some cut through](nostr:nevent1qqsdx0acma85u9knejnvfnfms9pfv27g97mfnnq9fnxslsa9vtrx73spremhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet59upzppggp5a66uxvmntlwnpf5384twu9e0xnm5xth9ta58fpt0dexysy26d4nm) and found me my first 100 followers. You can do the same. To create your Nostr NFC "business card" is even easier than your NFC "login card". 1. Buy yourself some NFC cards, 2. Download the free [NFC Tools app](https://play.google.com/store/apps/details?id=com.wakdev.wdnfc) to your device, and open it, 2. Click "Write" and "Add a record", then click "Custom URL / URI", 3. Write your npub to the NFC card as a custom URI in the format "nostr:npub1..." (e.g. for me this is "nostr:npub1r0d8u8mnj6769500nypnm28a9hpk9qg8jr0ehe30tygr3wuhcnvs4rfsft"), 4. Your card is ready. Give the card to someone who is a Nostr user, and when they tap the card against their phone it will open their preferred Nostr client and go directly to your Nostr profile page. You have created a Nostr NFC "business card". ### What I Did Wrong I like to share what I did wrong so you don't have to make the same mistakes. This time, this was very easy, and little went wrong. In general - When password-protecting your nsec, don't forget the password! - When writing to the NFC card, make sure to use "Custom URI/URL" as this accepts your "nostr:" URI scheme. If you use generic "URI/URL" it won't work. ### What's Next Over my first four blogs I have explored creating a good Nostr setup - [Mined a Nostr pubkey and backed up the mnemonic](nostr:naddr1qqsy66twd9hxwtteda6hyt2kv9hxjare94g82cntv4uj6drfw4cxyeszyqda5lslwwttmgk3a7vsx0dgl5kuxc5pq7gdlxlx9av3qw9mjlzdjqcyqqq823c6e2ekw) - [Set up Nostr payments with a Lightning wallet plus all the bells and whistles](nostr:naddr1qq34xet5w35kueedw4cz65rp09kk2mn5wvkk7m3dfehhxarj95mk7dnvwvmsygqmmflp7uukhk3drmueqv763lfdcd3gzpusm7d7vt6ezquth97ymypsgqqqw4rsuql6je) - [Set up NIP-05 and Lighting Address at my own domain](nostr:naddr1qqyx2efcvy6rvcnrqyghwumn8ghj7mn0wd68ytnhd9hx2tczyqda5lslwwttmgk3a7vsx0dgl5kuxc5pq7gdlxlx9av3qw9mjlzdjqcyqqq823c634nh0) - [Set up a Personal Relay at my own domain](nostr:naddr1qqyx2efcvy6rvcnrqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7q3qr0d8u8mnj6769500nypnm28a9hpk9qg8jr0ehe30tygr3wuhcnvsxpqqqp65wmzpn9e) Over the next few blogs I will be exploring different types of Nostr inter-op - NFC cards integrated with Nostr (this post) - Workflow Automations integrated with Nostr - AI LLMs integrated with Nostr Please be sure to let me know if you think there's another Nostr topic you'd like to see me tackle. GM Nostr.

@ 30ceb64e:7f08bdf5

Damn, I always put too many projects on my plate. I really need to focus on one at a time or a couple of them. I'm starting to feel the risk of not doing everything I wanted to accomplish. I think with a few days hard push, I'd be able to knock out a lot. - Article Blog - Cool Shopstr Site - Nostr Running App - Podcast with AI reading my Blogs, with wavlake beats playing in the background - Radio Show - Music Videos - Couple more Wavlake Albums (TheWildHustle, and Jayhawk) - Viny Record - Short Story - A brand/npub to release some of my projects, instead of overloading my one npub. This week I want to hit coding and writing hard. I need to a hard push will get me to a good place, considering the steps i've already taken. The start date for my part time job has been moved to December 9th, Its a weekend job working 14 hour shifts on Saturday and Sunday......Ha! I'll be assisting teens with disabilities like downsyndrome and whatnot. I'm looking forward to doing something more than just clicking fiat buttons on the computer and possibly making a direct difference in a freaks life. I've proofed of work pretty well in the bear. Now I need to execute in this early bull. How I plan to execute - I'm TheWIldHustle so it behooves me to lean into my sporadic nature - Get alot of work done when I feel the animal spirits take me - Broadcast my actions and rely on negative emotions (me not wanting to be a larp) to motivate my actions and force me into work with an angry ferver. - Try to maintain a constructive mood More specifically - Autoposting blogposts to nostr would be a good idea, I already have some brain dumps in obsidian i can throw into an llm and edit to get my points across, and the autoposting will consistancy if done right. - The radio show is probably just me using zap.stream and streaming all of the beats i've come out with on wavlake so far and so setting up a stream shouldnt be too dificult and i'd iterrate over time with different processes - I know where to get the vinyl done, I have an album mixed and mastered with artwork bought from a graphic design artist to use for the front cover just need to hit the buy button and offer it on shopstr when it arrives - The running app at this point is about 20 percent away from being released as a noob beta project. I primarily need to work on nostr login, UI/UX and testing. - Short story rough outline is done, I'll probably throw the thing into Claude and edit just as I will with the blogposts. - The podcast will be a reading of my blog posts with my wavlake beats playing in the background - The shopstr site will sell digital projects like my stories ebook, wavlake beats and beat tapes. Will sell physical stuff like vinyl records, Album artwork as posters, printify merch-like stuff. - Music videos/Shorts will probably come from AnimalSunrise/Wavlake beats - Might want to do some sort of brand consultation with a freak on nostr or fiverr to develop a brand to push out some of this stuff. Fun times ahead, Thanks for reading, Wish me luck, Hustle originally posted at https://stacker.news/items/776493

@ 04222fa1:634e9de5

So much information about US foreign policy, NATO and the installation of the current Ukrainian government. I'm just saying, is the western legacy media reporting a one sided account? originally posted at https://stacker.news/items/776252

@ dca6e1cc:ea7d1750

Hi all, Are there programs out there that offer funding for students pursuing graduate degrees with a focus on Bitcoin? I'd love to get funding for a program I'm interested in... originally posted at https://stacker.news/items/776186

@ 5d4b6c8d:8a1c1ee3

We've made it to the middle of the Group Play portion of the Emirates Cup. Sadly, one of our party didn't make it this far and two others have sustained serious wounds. It's probably worth thinking about who will still be standing come the Knockout Round. Remember that only eight teams advance. # Games (Tournament Standings) - Nets (1-1) @ 76ers (0-2) - Celtics (1-1) @ Wizards (0-1) - Warriors (2-0) @ Pelicans (1-1) - Pacers (0-1) @ Bucks (1-0) - Hawks (2-0) @ Bulls (0-1) - Blazers (1-0) @ Rockets (1-0) - Mavs (1-1) @ Nuggets (1-1) - Kings (0-1) @ Clippers (0-1) I never could have imagined wishing that I still had the Hawks available for a pick, but here we are. I'm leaning towards the Kings. # Prize 49,293 sats and counting! (That'll put some inbound liquidity on my channel) originally posted at https://stacker.news/items/776040

@ e968e50b:db2a803a

# Braiins Boiler Room  Braiins's mining pool has this API where you can monitor all of your sweet worker stats. [docs](https://academy.braiins.com/en/braiins-pool/monitoring/#api-configuration) I started making a boiler room themed dashboard for anybody looking to have all these stats in one spot. You can see how all of your miners are doing and I ran some sophisticated equations (division, multiplication, other hardcore arithmetic) to let you see how your miners are doing in relation to each other. [Here's the repo for you to use.](https://github.com/ttooccooll/braiinsboilerroom/tree/main) Use it. Enjoy it. Lemme know what you think. My goal is to turn all of those stats into little retro-future gauges. I want it to look really steam punk. My wife says the Art Deco font isn't steam punk, so maybe it's just going to be 20s themed. IDK Are there any other features you'd want? **Also, I slapped this together pretty quick, including the README so lemme know if you need help running it.** Fun fact: If you look at the pic, as of today, my mining revenue (with Braiins) is less than 15,000 sats more than my stacker news revenue. They're neck and neck! originally posted at https://stacker.news/items/776023

@ 000002de:c05780a7

The 10th amendment to the US Constitution says the following. > The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. When Obama or Biden is in office Democrats seem to believe in a strong federal government. States that oppose the power of the feds over their state's rights are Neo-confederate racists. But something magical occurs when the Democrats lose power. The suddenly discover states rights! This is playing out all over again. Its fun to watch these clowns expose their hypocrisy. Gavin Newsom is "Trump proofing" California he says. He's also changing his tune on many other issues but that's another topic(in his preparation to run for President in 2028). The Republicans play the same game. When they hold power many of that party want a nation ban on whatever. They suddenly don't care about the 10th amendment. If you can't see this hypocrisy in both sides you might need to unplug from the Matrix for a while. Its interesting to me that after over ten years of not being on either side how blind partisans seem to be about reality. originally posted at https://stacker.news/items/776002

@ 5d4b6c8d:8a1c1ee3

Everyone survived! That Cavs vs Celtics game was really good. Even though the Cavs historic winning streak came to an end, I was very impressed that they got back into that game. Normally, when the Celtics are shooting the lights out like that, the game is a complete blowout. @siggy47 barely got out alive, with the Nets only winning by one point. However, that gives him lots of good teams to choose from going forward. Not having a center finally caught up with OKC. Why don't they use some of those picks to trade for one? I haven't seen any of the highlights or anything, but the Lakers improved to 2-0 in the tournament, with very beatable Suns and Thunder teams left to play. We'll see if picking the defending champs comes back to bite people in the future. @grayruby's daughter hit on 4/6 of her picks, which leads me to assume he didn't allow her to participate out of fear of humiliation. I'll tally up the victory pot for the picks post, but we're still sitting at about 50k for the winner. originally posted at https://stacker.news/items/775864

@ 57d1a264:69f1fee1

##### _Welcome back to our weekly `JABBB`, **Just Another Bitcoin Bubble Boom**, a comics and meme contest crafted for you, creative stackers!_ If you'd like to learn more, check our welcome post [here](https://stacker.news/items/480740/r/Design_r). - - - ### This week sticker: `Bitcoin Nostrich` You can download the source file directly from the [HereComesBitcoin](https://www.herecomesbitcoin.org/) website in [SVG](https://www.herecomesbitcoin.org/assets/Nostrich.svg) and [PNG](https://www.herecomesbitcoin.org/assets/Nostrich.png).  ### The task > Starting from this sticker, design a comic frame or a meme, add a message that perfectly captures the sentiment of the current most hilarious take on the Bitcoin space. You can contextualize it or not, it's up to you, you chose the message, the context and anything else that will help you submit your comic art masterpiece. > Are you a meme creator? There's space for you too: select the most similar shot from the gifts hosted on the [Gif Station](https://www.herecomesbitcoin.org/) section and craft your best meme... Let's Jabbb! - - - If you enjoy designing and memeing, feel free to check our [JABBB archive](https://stacker.news/Design_r#jabbbs--just-another-bitcoin-bubble-boom--comic--meme-contests) and create more to spread Bitcoin awareness to the moon. Submit each proposal on the relative thread, bounties will be distributed next week together with the release of next JABBB contest. ₿ creative and have fun! - - - originally posted at https://stacker.news/items/775646

@ 87730827:746b7d35

Original: https://techreport.com/crypto-news/brazil-central-bank-ban-monero-stablecoins/ Brazilian’s Central Bank Will Ban Monero and Algorithmic Stablecoins in the Country =================================================================================== Brazil proposes crypto regulations banning Monero and algorithmic stablecoins and enforcing strict compliance for exchanges. * * * **KEY TAKEAWAYS** * The Central Bank of Brazil has proposed **regulations prohibiting privacy-centric cryptocurrencies** like Monero. * The regulations **categorize exchanges into intermediaries, custodians, and brokers**, each with specific capital requirements and compliance standards. * While the proposed rules apply to cryptocurrencies, certain digital assets like non-fungible tokens **(NFTs) are still ‘deregulated’ in Brazil**.  In a Notice of Participation announcement, the Brazilian Central Bank (BCB) outlines **regulations for virtual asset service providers (VASPs)** operating in the country. **_In the document, the Brazilian regulator specifies that privacy-focused coins, such as Monero, must be excluded from all digital asset companies that intend to operate in Brazil._** Let’s unpack what effect these regulations will have. Brazil’s Crackdown on Crypto Fraud ---------------------------------- If the BCB’s current rule is approved, **exchanges dealing with coins that provide anonymity must delist these currencies** or prevent Brazilians from accessing and operating these assets. The Central Bank argues that currencies like Monero make it difficult and even prevent the identification of users, thus creating problems in complying with international AML obligations and policies to prevent the financing of terrorism. According to the Central Bank of Brazil, the bans aim to **prevent criminals from using digital assets to launder money**. In Brazil, organized criminal syndicates such as the Primeiro Comando da Capital (PCC) and Comando Vermelho have been increasingly using digital assets for money laundering and foreign remittances. > … restriction on the supply of virtual assets that contain characteristics of fragility, insecurity or risks that favor fraud or crime, such as virtual assets designed to favor money laundering and terrorist financing practices by facilitating anonymity or difficulty identification of the holder. > > – [Notice of Participation](https://www.gov.br/participamaisbrasil/edital-de-participacao-social-n-109-2024-proposta-de-regulamentacao-do-) The Central Bank has identified that **removing algorithmic stablecoins is essential to guarantee the safety of users’ funds** and avoid events such as when Terraform Labs’ entire ecosystem collapsed, losing billions of investors’ dollars. The Central Bank also wants to **control all digital assets traded by companies in Brazil**. According to the current proposal, the [national regulator](https://techreport.com/cryptocurrency/learning/crypto-regulations-global-view/) will have the **power to ask platforms to remove certain listed assets** if it considers that they do not meet local regulations. However, the regulations will not include [NFTs](https://techreport.com/statistics/crypto/nft-awareness-adoption-statistics/), real-world asset (RWA) tokens, RWA tokens classified as securities, and tokenized movable or real estate assets. These assets are still ‘deregulated’ in Brazil. Monero: What Is It and Why Is Brazil Banning It? ------------------------------------------------ Monero ($XMR) is a cryptocurrency that uses a protocol called CryptoNote. It launched in 2013 and ‘erases’ transaction data, preventing the sender and recipient addresses from being publicly known. The Monero network is based on a proof-of-work (PoW) consensus mechanism, which incentivizes miners to add blocks to the blockchain.  Like Brazil, **other nations are banning Monero** in search of regulatory compliance. Recently, Dubai’s new digital asset rules prohibited the issuance of activities related to anonymity-enhancing cryptocurrencies such as $XMR. Furthermore, exchanges such as **Binance have already announced they will delist Monero** on their global platforms due to its anonymity features. Kraken did the same, removing Monero for their European-based users to comply with [MiCA regulations](https://techreport.com/crypto-news/eu-mica-rules-existential-threat-or-crypto-clarity/). Data from Chainalysis shows that Brazil is the **seventh-largest Bitcoin market in the world**.  In Latin America, **Brazil is the largest market for digital assets**. Globally, it leads in the innovation of RWA tokens, with several companies already trading this type of asset. In Closing ---------- Following other nations, Brazil’s regulatory proposals aim to combat illicit activities such as money laundering and terrorism financing. Will the BCB’s move safeguard people’s digital assets while also stimulating growth and innovation in the crypto ecosystem? Only time will tell. References ---------- Cassio Gusson is a journalist passionate about technology, cryptocurrencies, and the nuances of human nature. With a career spanning roles as Senior Crypto Journalist at CriptoFacil and Head of News at CoinTelegraph, he offers exclusive insights on South America’s crypto landscape. A graduate in Communication from Faccamp and a post-graduate in Globalization and Culture from FESPSP, Cassio explores the intersection of governance, decentralization, and the evolution of global systems. [View all articles by Cassio Gusson](https://techreport.com/author/cassiog/)

@ 5d4b6c8d:8a1c1ee3

Anyone else tuning in? I've got Celtics/Cavs on. originally posted at https://stacker.news/items/774889

@ 468f729d:5ab4fd5e

<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/aWsZX7247cc?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>

@ 6f170f27:711e26dd

 originally posted at https://stacker.news/items/774585

@ 57d1a264:69f1fee1

📙 Sharing the Research plan + Interview Script, lets learn from each other and improve the **[Bitcoin Design Guide](https://bitcoin.design/guide/)**. 🍏 [Previous research](https://github.com/BitcoinDesign/Meta/issues/320) has been done on the guide. We'll use the [Jobs to be Done framework](https://bitcoinresearch.xyz/jobs-to-be-done) to understand: - Understand how the Bitcoin Design Guide is being used by builders - Understand what users typically love about the Bitcoin Design Guide + Community resources - Understand what friction points exist when using the guide - Collect a list of key takeaways as to how the Bitcoin Design Guide is useful as a resource to builders as well as how it can be improved Want to help out? Here's how you can help: - Feel free to drop comments on the google doc[^1][^2] - Process the data? These interviews will be done throughout the year and if you're keen to help sort through the data in the end you're most welcome - Know any builder who has used the guide? Please feel free to send them [our way](https://bitcoin.design) [^1]: Bitcoin Design Guide Interviews 2024 - Jobs to be done https://docs.google.com/document/d/199wXQYTM75PAIRpApfHpa8KVOo1_veMFhdGgZnRmASw/edit?usp=sharing, [^2]: Interview script - Jobs to be done https://docs.google.com/document/d/1uFBoZ1nv0HOYBcop2jhqUE4lEEklZT_u5tHeUSqtdNk/edit?tab=t.0#heading=h.c3akgkgb195j originally posted at https://stacker.news/items/774300

@ 8dac122d:0fc98d37

On this day, 21st day of October, in the year of our Lord 2024 (Gregorian calendar), the nation of Deos Terrum was proclaimed. Deos Terrum is a nation of self-governing, sui juris, men and women. https://www.deosterrum.com/ originally posted at https://stacker.news/items/774248

@ 5e5fc143:393d5a2c

Now test old reliable front end Stay tuned more later Keeping this as template long note for debugging in future as come across few NIP-33 post edit issues

@ 266815e0:6cd408a5

## Applesauce I've been working on cleanup up a lot of the old crufty logic in noStrudel and as part of that process I've started breaking out a lot of the "event interpretation" layer into a new library [applesauce](https://github.com/hzrd149/applesauce) The goal with the library isn't to build another "nostr SDK" but instead to only tackle the problem of how the UI layer of web apps should get data from events and update when new events are detected. Its still a work-in-progress but if your interested check out the [docs](https://hzrd149.github.io/applesauce/modules/applesauce_core.html) (hopefully ill write some examples soon) ## nsite After SEC-02 I noticed nostr:npub1elta7cneng3w8p9y4dw633qzdjr4kyvaparuyuttyrx6e8xp7xnq32cume created a project built on top of blossom called [nsite](https://github.com/lez/nsite) which was a simple static website CDN using nostr to store the object paths and blossom to store the objects themselves Because I don't know python I decided to write my own implementation of it in typescript [nsite-ts](https://github.com/hzrd149/nsite-ts) and started hosting it at https://nsite.lol nostr:npub1klr0dy2ul2dx9llk58czvpx73rprcmrvd5dc7ck8esg8f8es06qs427gxc also created super easy cli tool for uploading static sites to blossom servers called [nsite-cli](https://www.npmjs.com/package/nsite-cli). If your a developer of a nostr web app I would encourage you to give it a try I also opened my first NIP PR for [static websites](https://github.com/nostr-protocol/nips/pull/1538) :D ## Blossom Thanks to nostr:npub138s5hey76qrnm2pmv7p8nnffhfddsm8sqzm285dyc0wy4f8a6qkqtzx624, nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6, nostr:npub1v0lxxxxutpvrelsksy8cdhgfux9l6a42hsj2qzquu2zk7vc9qnkszrqj49, and nostr:npub1a6we08n7zsv2na689whc9hykpq4q6sj3kaauk9c2dm8vj0adlajq7w0tyc for opening PRs and contributing to the blossom spec. also thanks to everyone else who has shown interest in it. its awesome to watch it slowly grow There are two more optional BUDs in the spec now - [BUD-06](https://github.com/hzrd149/blossom/blob/master/buds/06.md) Upload requirements - [BUD-08](https://github.com/hzrd149/blossom/blob/master/buds/08.md) Nostr File Metadata Tags And a two breaking changes - [X-Reason](https://github.com/hzrd149/blossom/pull/32) for all error messages - Authorization events may have multiple `x` tags with hashes [PR](https://github.com/hzrd149/blossom/pull/24) ## noStrudel I'm continuing to work on noStrudel and add new features and iron out bugs. I can't list everything here but the next release of the app is shaping up nicely. you can see the changes [here](https://github.com/hzrd149/nostrudel/pull/236) ## Hyper SOCKS5 proxy Mostly a weekend project but I created a SOCKS5 proxy for hyperDHT and holesail called [hyper-socks5-proxy](https://github.com/hzrd149/hyper-socks5-proxy) that uses a bech32 encoded version of the holesail "connection strings" (public keys) to make them compatible with traditional URLs [hyper-address](https://github.com/hzrd149/hyper-address) If you want to give it a try you can run it using `npx hyper-socks5-proxy start` to run it locally and have a SOCKS5 proxy that can connect to any hyperDHT or holesail node Full post here: nostr:nevent1qvzqqqqqqypzqfngzhsvjggdlgeycm96x4emzjlwf8dyyzdfg4hefp89zpkdgz99qyghwumn8ghj7mn0wd68ytnhd9hx2tcpzfmhxue69uhkummnw3e82efwvdhk6tcqypl8dftpuvdlzfekjd5nc0lmtsldgttv3f0c3uqy3xa3jnqdz4qkw9nptvs ## Other experiments ### CherryTree A small app for uploading and downloading chunked files on blossom servers [repo](https://github.com/hzrd149/cherry-tree) ### Blossom HLS uploader A half working cli tool to upload HSL videos to blossom servers [repo](https://github.com/hzrd149/blossom-hls-upload) ### PoW note DVM A simple content recommendation DVM that recommends notes with the most proof of work [repo](https://github.com/hzrd149/pow-content-dvm) ## Plans for Q4 - Release a working v1 of applesauce packages with documentation - Release v0.42.0 of noStrudel and start next phase of refactoring the networking code - Remove "app relays" from noStrudel and make it work entirely on the outbox model - Try to make WebRTC relays work one last time (before I give up on it forever) - Work with quentin and leo to release multiple types of paid blossom servers. and also build my own - More noStrudel features? highlights? NIP-29? cashu wallet?

@ af9c48b7:a3f7aaf4

## Chef's notes This simple, easy, no bake desert will surely be the it at you next family gathering. You can keep it a secret or share it with the crowd that this is a healthy alternative to normal pie. I think everyone will be amazed at how good it really is. ## Details - ⏲️ Prep time: 30 - 🍳 Cook time: 0 - 🍽️ Servings: 8 ## Ingredients - 1/3 cup of Heavy Cream- 0g sugar, 5.5g carbohydrates - 3/4 cup of Half and Half- 6g sugar, 3g carbohydrates - 4oz Sugar Free Cool Whip (1/2 small container) - 0g sugar, 37.5g carbohydrates - 1.5oz box (small box) of Sugar Free Instant Chocolate Pudding- 0g sugar, 32g carbohydrates - 1 Pecan Pie Crust- 24g sugar, 72g carbohydrates ## Directions 1. The total pie has 30g of sugar and 149.50g of carboydrates. So if you cut the pie into 8 equal slices, that would come to 3.75g of sugar and 18.69g carbohydrates per slice. If you decided to not eat the crust, your sugar intake would be .75 gram per slice and the carborytrates would be 9.69g per slice. Based on your objective, you could use only heavy whipping cream and no half and half to further reduce your sugar intake. 2. Mix all wet ingredients and the instant pudding until thoroughly mixed and a consistent color has been achieved. The heavy whipping cream causes the mixture to thicken the more you mix it. So, I’d recommend using an electric mixer. Once you are satisfied with the color, start mixing in the whipping cream until it has a consistent “chocolate” color thorough. Once your satisfied with the color, spoon the mixture into the pie crust, smooth the top to your liking, and then refrigerate for one hour before serving.

@ b98139a6:eb269255

I've been suddenly having trouble posting comments that are priced at 1 sat. I also tested with zaps, and 1sat zaps fail as well. They seem to fail instantly, and show canceled in the wallet history & on AlbyHub (running on my Start9). However, there is no record of the TX failing (or even attempting) in the lightning node itself. Bigger payments do work, and I tried a 2sat zap which did work. I don't comment too often, but I zap every day, and my zaps are well above 1sat, so I didn't notice until I wanted to write some comments today and they all came back as failing... Has anyone else seen this? Is there a setting that I somehow messed up? It's odd that the 2sat zap went through fine, and much bigger payments have been working without issue (both outgoing and incoming), so it's not a liquidity issue. originally posted at https://stacker.news/items/773077

@ 5d4b6c8d:8a1c1ee3

Another OC, another loss. There were some encouraging signs (Bowers might be a generational TE) and we get some clarity on what's wrong. Thanks to this loss, the Raiders are now picking 4th and it seems that Shedeur is angling to play for the Silver and Black. The stars are aligning a little bit. Also, the Jets continue being a trainwreck, so the pick we got for Davante is moving up the board. # 2025 Mock Draft - 4th Pick: QB Jalen Milroe - 35th Pick: OT Cameron Williams - 66th Pick: RB Quinshon Judkins - 71st Pick: DT T.J. Sanders - 106th Pick: WR Jayden Higgins - 142nd Pick: IOL Armand Membou - 179th Pick: CB Zy Alexander - 212th Pick: QB Dillon Gabriel - 215th Pick: IOL Seth McLaughlin - 217th Pick: OT Jude Bowry It ended up being funny how this board fell, but I don't mind doubling up on all the positions of need. It's maddening watching this team fail to upgrade at QB and on the O-Line. The Raiders defense is already fine and they'll be getting back two very good D-Linemen next season. They just can't go into next season without addressing the problems on offense. When are the rest of you going to look to the draft? originally posted at https://stacker.news/items/772891

@ 5d4b6c8d:8a1c1ee3

Now that we have a month of basketball, we can start reflecting on our predictions. If you want to move on from one of your picks, let me know. Remember that older correct picks are worth more than newer correct picks. We had a couple new participants join the contest in October. The contest is still open to new folks as the season rolls on. Here's the current state of the competition with your max possible score next to your name: | Contestant | MVP | Champ | All NBA | | | | | |--------------|------|---------|----------|-|-|-|-| | @Undisciplined 69 | Luka | OKC | Jokic | Giannis | Luka | Ant | SGA | | @grayruby 70 | Giannis| Pacers| Jokic | Giannis | Luka | Mitchell| Brunson| | @gnilma 70 | SGA| OKC| Jokic | Wemby| Luka | SGA| Brunson| | @BitcoinAbhi 70 | Luka| Denver| Jokic | Giannis | Luka | Ant| SGA| | @Bell_curve 70 | Luka| Celtics| Jokic | Giannis | Luka | Ant| SGA| | @0xbitcoiner 70 | Jokic| Pacers| Jokic | Giannis | Luka | Ant| Brunson| | @Coinsreporter 49| Giannis| Pacers| Jokic | Giannis | Luka | Ant| Brunson| | @TheMorningStar 49| Luka| Celtics| Jokic | Giannis | Luka | Ant| SGA| | @onthedeklein 49| Luka| T-Wolves| Jokic | Giannis | Luka | Wemby| SGA| | @Carresan 49| Luka| Mavs| Jokic | Giannis | Luka | Wemby| SGA| | @BTC_Bellzer 49| Luka| Celtics| Embiid| Giannis | Luka | Tatum| SGA| | @realBitcoinDog 49| Luka| Lakers| Jokic | Giannis | Luka | Ant| SGA| | @SimpleStacker 42| SGA| Celtics| Jokic| Tatum| Luka | Brunson| SGA| | @BlokchainB 42| SGA| Knicks| AD| Giannis | Ant| Brunson| SGA| I'm not quite ready to move on from Luka, but it's not looking great for Dallas. The nice thing is that Giannis and Jokic are also on struggling teams. The pot is still only about 4k, but I'm sure it will continue to grow. If you want to join this contest, just leave your predictions for MVP, Champion, and All-NBA 1st team in the comments. See the [June post](https://stacker.news/items/585231/r/Undisciplined) for more details. originally posted at https://stacker.news/items/772746

@ a79bb203:dde63268

https://primal.b-cdn.net/media-cache?s=o&a=1&u=https%3A%2F%2Fm.primal.net%2FMZsK.jpg Find me on Nostr [here](https://njump.me/npub157dmyq6ehpra5xatrn0sssz03qe0y6k69v02xmzyqcrf0h0xxf5qxaw6u8) originally posted at https://stacker.news/items/772474

@ 41e6f20b:06049e45

Let me tell you a beautiful story. Last night, during the speakers' dinner at Monerotopia, the waitress was collecting tiny tips in Mexican pesos. I asked her, "Do you really want to earn tips seriously?" I then showed her how to set up a Cake Wallet, and she started collecting tips in Monero, reaching 0.9 XMR. Of course, she wanted to cash out to fiat immediately, but it solved a real problem for her: making more money. That amount was something she would never have earned in a single workday. We kept talking, and I promised to give her Zoom workshops. What can I say? I love people, and that's why I'm a natural orange-piller.

@ 5d4b6c8d:8a1c1ee3

We continue on having lost one of our contestants and two others hanging on by a thread. # Round 3 Games - Cavs @ Boston - Hornets @ Nets - Nuggets @ Grizzlies - Pelicans @ Mavs - Thunder @ Spurs - Jazz @ Lakers We don't have odds for these games yet and there are injuries galore, so proceed with caution. I'm leaning towards the Mavs, who should make easy work of the Pelicans. Picks due by tip-off on Tuesday. # Prize Let's say 50k, since I know we'll get there soon. originally posted at https://stacker.news/items/771479

@ ac6f9572:8a6853dd

The Asian Bitcoin Technical Unconference is set!  8—10th February 2025 - Chang Mai, Thailand 🇹🇭 - - - We finally got (nearly) everything ready! ✅ Agenda? NO agenda! ✅ Venue is booked, ✅ Attendees confirmed, ✅ [Registration open](https://satsnfacts.btc.pub/#register) and... ✅ Merch now available! If you are around Asia this coming Febrary, come and **join us** in Chang Mai, Thailand 🇹🇭  Book your **seat** --> https://formstr.app/#/fill/b3b9bd115fe936848a5e03134fefff945287285d51b1dee4731fef6a1070c597 Submit an **idea** --> https://formstr.app/#/forms/cf02333ea3c0d0c21080df599373e289fa343a55e63a1abdc7f633d1594078ff Then... Buy your **ticket** --> https://satsnfacts.btc.pub/p/ticket/ And... Add some **merch** at check out --> https://satsnfacts.btc.pub/merch/ - - - If you like to support the event, and the participants joining, consider visit https://geyser.fund/project/satsnfacts - - - #SATSnFACTS #event #Biitcoin #Nostr #Lightning #ecash #health #creativity #unconference originally posted at https://stacker.news/items/771203

@ c11cf5f8:4928464d

Let's hear some of your latest Bitcoin purchases, feel free to include links to the shops or merchants you bought from too. If you missed our last thread, [here](https://stacker.news/items/761231/r/AG) are some of the items stackers recently spent their sats on. originally posted at https://stacker.news/items/771187

@ a79bb203:dde63268

I was quite happy with the result (about 3 hours of work) https://primal.b-cdn.net/media-cache?s=o&a=1&u=https%3A%2F%2Fm.primal.net%2FMYNb.jpg Bumblebees symbolize hard work, diligence, and productivity. originally posted at https://stacker.news/items/770779

@ 5d4b6c8d:8a1c1ee3

We almost all survived! Sorry, @BlokchainB. You took what should have been a very safe Denver team and then neither their very good head coach nor the best player in the world showed up. **Ode to the fallen**: > In peace, may you leave this shore. In love, may you find the next. Safe passage on your travels, until our final journey to the ground. May we meet again. Let's all pour one out for Blok. ---------- # Winners' Recap The Pistons were really trying to get @supercyclone eliminated, but the Raptors were just too pathetic to hold onto the win. Despite putting up almost 50 points in the first quarter, Cleveland let the lowly Bulls back into the game. Ultimately, I doubt @realBitcoinDog was ever particularly concerned that the now 14-0 Cavs would put Chicago away. After seeming to have the game in hand, the Knicks somehow allowed cross-town rival Brooklyn back in the game. Thankfully for @gnilma's wallet, they made two big plays to close out the game. The Magic, sans young star Paolo, clobbered the supposedly contending 76ers. @Carresan really never had to sweat this one. In a game of which I watched not one second, the Hawks defeated the woeful Wizards and secured survival for the rest of us. # Other Notable Games The Jimmy-less Heat put a real whooping on the Pacers, who are looking miserable this season. OKC continues winning, despite having no centers in their rotation. I think 6'3" Lu Dort might be playing center. I caught a little bit of the Lakers, Warriors, and T-Wolves, all of whom looked good in their wins. # Prize Closing in on 50k! originally posted at https://stacker.news/items/770488

@ 5d4b6c8d:8a1c1ee3

I've got Heat-Pacers on and I'm excited about some of the later games. Is anyone else tuning into the second night of the Emirates Cup? originally posted at https://stacker.news/items/769843

@ f33c8a96:5ec6f741

# Voltage Tipper ⚡ A Simple Lightning tipping app template built with NextJS and Voltage. [Voltage Tipper Video Walkthrough](https://www.youtube.com/watch?v=y2eFBtRLRUk) To deploy, click the button below, create a free Vercel account if you don't have one, fill in the required environment variables from your Voltage node, deploy, and everything should work! [](https://vercel.com/new/clone?repository-url=https%3A%2F%2Fgithub.com%2FAustinKelsay%2Fvoltage-tipper&env=NEXT_PUBLIC_HOST,NEXT_PUBLIC_INVOICE_MACAROON,NEXT_PUBLIC_READ_MACAROON&envDescription=The%20host%20url%20for%20your%20lnd%20lightning%20node%20(not%20including%20port)%2C%20the%20invoice%20macaroon%20and%20read%20only%20macaroon.&envLink=https%3A%2F%2Fdocs.voltage.cloud%2Flnd-node-api&project-name=voltage-tipper&repository-name=voltage-tipper) **Run on Replit** [https://replit.com/@voltage-cloud/voltage-tipper](https://replit.com/@voltage-cloud/voltage-tipper) ## Table of Contents 1. [Deployment](#deployment) 2. [Environment Variables](#environment-variables) 3. [API](#api) 4. [Contributing](#contributing) 5. [License](#license) ## Deployment To deploy, click the button below, create a free Vercel account if you don't have one, fill in the required environment variables from your Voltage node, deploy, and everything should work! [](https://vercel.com/new/clone?repository-url=https%3A%2F%2Fgithub.com%2FAustinKelsay%2Fvoltage-tipper&env=NEXT_PUBLIC_HOST,NEXT_PUBLIC_INVOICE_MACAROON,NEXT_PUBLIC_READ_MACAROON&envDescription=The%20host%20url%20for%20your%20lnd%20lightning%20node%20(not%20including%20port)%2C%20the%20invoice%20macaroon%20and%20read%20only%20macaroon.&envLink=https%3A%2F%2Fdocs.voltage.cloud%2Flnd-node-api&project-name=voltage-tipper&repository-name=voltage-tipper) ## Environment Variables - `NEXT_PUBLIC_HOST`: The host URL for your LND lightning node (not including port). - `NEXT_PUBLIC_INVOICE_MACAROON`: The invoice macaroon. - `NEXT_PUBLIC_READ_MACAROON`: The read-only macaroon. #### Host The host is your Node's 'API endpoint' you can copy it from your Voltage Dashboard, be sure to include 'https://'. Example: `https://plebdev.m.voltageapp.io` #### Macaroons The Invoice and Read macaroons are authentication tokens that allows you to interact with your LND node's REST API with permissions for reading data, and creating invoices. You can also grab a "Admin" macaroon for permissions to spend but that is not required here since we are only receiving through this webapp, so your funds are safu. **You can find your Macaroons in your Voltage Dashboard by visiting Manage Access -> Macaroon Bakery** ## API - `/api/lnurl` Returns lnurlPay response object defined in [LUD-06](https://github.com/lnurl/luds/blob/luds/06.md) - `/api/getlnurl` Returns bech32 encoded lnurlPay - `/.well-known/lnurlp/{NodeAlias}` This is your lightning address endpoint, returns lnurlPay response defined in [LUD-16](https://github.com/lnurl/luds/blob/luds/16.md) - `/api/callback?amount=21000` This is your callback endpoint that will return an invoice when `amount` query parameter is passed with millisat value ## Contributing Contributions are welcome! Please open an issue or submit a pull request. ## License This project is licensed under the MIT License. See the LICENSE file for details.

@ 5d4b6c8d:8a1c1ee3

This is a requested topic for a future podcast episode. I do have a giant spreadsheet with a bunch of stats and stuff in it to help figure this out, but I'm doing this off the top of my head. # My Top 10 1. Jordan: 6 titles, 6 Finals MVPs, 5 MVPs, 1 DPOY, and tops by my eye test 2. Lebron: 4 titles, 4 Finals MVPs, 4 MVPs, 20 All-NBAs, holds virtually all the career playoff stats 3. Kareem: 6 titles, 2 Finals MVPs, 6 MVPs, 15 All-NBAs, also the greatest HS and college player ever 4. Wilt: 2 titles, 1 Finals MVP, 4 MVPs, 10 All-NBAs, holds virtually all single game and single season records 5. Magic: 5 titles, 3 Finals MVPs, 3 MVPs, 10 All-NBAs, greatest passer of all time and played every position 6. Bird: 3 titles, 2 Finals MVPs, 3 MVPs, 10 All-NBAs, most well-rounded player ever 7. Russell: 11 titles, 5 MVPs, 11 All-NBAs, greatest winner in the history of professional sports 8. Duncan: 5 titles, 3 Finals MVPs, 2 MVPs, 15 All-NBAs, most underrated player in NBA history 9. Kobe: 5 titles, 2 Finals MVPs, 1 MVP, 15 All-NBAs, 12 All-Defense teams, more All-Star MVPs than anyone 10. Steph: 4 titles, 1 Finals MVP, 2 MVPs, 10 All-NBA, greatest shooter ever Honorable mentions: Shaq and Jokic Shaq and Steph are a toss-up to me. I came down on the side of positional balance. You could think of this as an All-time 1st and 2nd team, rather than purely a top 10. I expect Jokic to make it, but he's right in the middle of his prime and hasn't yet matched the career achievements of these guys. Let the arguments begin! originally posted at https://stacker.news/items/769603

@ f33c8a96:5ec6f741

# Setting Up a React App from Scratch: A Minimal Guide ## Prerequisites - Node.js and npm installed on your machine - A text editor of your choice ## Step 1: Create a New Project Directory ```bash mkdir my-react-app cd my-react-app ``` ## Step 2: Initialize the Project ```bash npm init -y ``` This creates a package.json file with default values. ## Step 3: Install Dependencies ```bash npm install react react-dom npm install --save-dev parcel @babel/preset-react ``` ## Step 4: Create Project Structure Create the following files and directories: ``` my-react-app/ ├── src/ │ ├── index.html │ └── index.js └── package.json ``` ## Step 5: Set Up HTML In src/index.html, add the following content: ```html <!DOCTYPE html> <html lang="en"> <head> <meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title>My React App</title> </head> <body> <div id="root"></div> <script src="./index.js"></script> </body> </html> ``` ## Step 6: Create React Entry Point In src/index.js, add the following content: ```javascript import React from 'react'; import ReactDOM from 'react-dom/client'; const App = () => { return <h1>Hello, React!</h1>; }; const root = ReactDOM.createRoot(document.getElementById('root')); root.render(<App />); ``` ## Step 7: Configure Babel Create a .babelrc file in the project root: ```json { "presets": ["@babel/preset-react"] } ``` ## Step 8: Update package.json Scripts Add the following scripts to your package.json: ```json "scripts": { "start": "parcel src/index.html", "build": "parcel build src/index.html" } ``` ## Step 9: Run the Development Server ```bash npm start ``` Your app should now be running at http://localhost:1234. ## Step 10: Build for Production When you're ready to deploy: ```bash npm run build ``` This will create a dist folder with your optimized production build. --- Congratulations! You've set up a React app from scratch using Parcel. This setup provides a lightweight and modern development environment with minimal overhead.