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![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:32
> [Read the original blog post](https://blog.kycnot.me/p/kyc-no-thanks)
Know Your Customer is a regulation that requires companies of all sizes to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. Such procedures fit within the broader scope of anti-money laundering (AML) and counterterrorism financing (CTF) regulations.
Banks, exchanges, online business, mail providers, domain registrars... Everyone wants to know who you are before you can even opt for their service. Your personal information is flowing around the internet in the hands of "god-knows-who" and secured by "trust-me-bro military-grade encryption". Once your account is linked to your personal (and verified) identity, tracking you is just as easy as keeping logs on all these platforms.
## Rights for Illusions
KYC processes aim to combat terrorist financing, money laundering, and other illicit activities. On the surface, KYC seems like a commendable initiative. I mean, who wouldn't want to halt terrorists and criminals in their tracks?
The logic behind KYC is: "If we mandate every financial service provider to identify their users, it becomes easier to pinpoint and apprehend the malicious actors."
However, terrorists and criminals are not precisely lining up to be identified. They're crafty. They may adopt false identities or find alternative strategies to continue their operations. Far from being outwitted, many times they're several steps ahead of regulations. Realistically, KYC might deter a small fraction – let's say about 1% [^1] – of these malefactors. Yet, the cost? All of us are saddled with the inconvenient process of identification just to use a service.
Under the rhetoric of "ensuring our safety", governments and institutions enact regulations that seem more out of a dystopian novel, gradually taking away our right to privacy.
To illustrate, consider a city where the mayor has rolled out facial recognition cameras in every nook and cranny. A band of criminals, intent on robbing a local store, rolls in with a stolen car, their faces obscured by masks and their bodies cloaked in all-black clothes. Once they've committed the crime and exited the city's boundaries, they switch vehicles and clothes out of the cameras' watchful eyes. The high-tech surveillance? It didn’t manage to identify or trace them. Yet, for every law-abiding citizen who merely wants to drive through the city or do some shopping, their movements and identities are constantly logged. The irony? This invasive tracking impacts all of us, just to catch the 1% [^1] of less-than-careful criminals.
## KYC? Not you.
> KYC creates barriers to participation in normal economic activity, to supposedly stop criminals. [^2]
KYC puts barriers between many users and businesses. One of these comes from the fact that the process often requires multiple forms of identification, proof of address, and sometimes even financial records. For individuals in areas with poor record-keeping, non-recognized legal documents, or those who are unbanked, homeless or transient, obtaining these documents can be challenging, if not impossible.
For people who are not skilled with technology or just don't have access to it, there's also a barrier since KYC procedures are mostly online, leaving them inadvertently excluded.
Another barrier goes for the casual or one-time user, where they might not see the value in undergoing a rigorous KYC process, and these requirements can deter them from using the service altogether.
It also wipes some businesses out of the equation, since for smaller businesses, the costs associated with complying with KYC norms—from the actual process of gathering and submitting documents to potential delays in operations—can be prohibitive in economical and/or technical terms.
## You're not welcome
Imagine a swanky new club in town with a strict "members only" sign. You hear the music, you see the lights, and you want in. You step up, ready to join, but suddenly there's a long list of criteria you must meet. After some time, you are finally checking all the boxes. But then the club rejects your membership with no clear reason why. You just weren't accepted. Frustrating, right?
This club scenario isn't too different from the fact that KYC is being used by many businesses as a convenient gatekeeping tool. A perfect excuse based on a "legal" procedure they are obliged to.
Even some exchanges may randomly use this to freeze and block funds from users, claiming these were "flagged" by a cryptic system that inspects the transactions. You are left hostage to their arbitrary decision to let you successfully pass the KYC procedure. If you choose to sidestep their invasive process, they might just hold onto your funds indefinitely.
## Your identity has been stolen
KYC data has been found to be for sale on many dark net markets[^3]. Exchanges may have leaks or hacks, and such leaks contain **very** sensitive data. We're talking about the full monty: passport or ID scans, proof of address, and even those awkward selfies where you're holding up your ID next to your face. All this data is being left to the mercy of the (mostly) "trust-me-bro" security systems of such companies. Quite scary, isn't it?
As cheap as $10 for 100 documents, with discounts applying for those who buy in bulk, the personal identities of innocent users who passed KYC procedures are for sale. [^3]
In short, if you have ever passed the KYC/AML process of a crypto exchange, your privacy is at risk of being compromised, or it might even have already been compromised.
## (they) Know Your Coins
You may already know that **Bitcoin and most cryptocurrencies have a transparent public blockchain**, meaning that all data is shown unencrypted for everyone to see and recorded **forever**. If you link an address you own to your identity through KYC, for example, by sending an amount from a KYC exchange to it, your Bitcoin is no longer pseudonymous and can then be traced.
If, for instance, you send Bitcoin from such an identified address to another KYC'ed address (say, from a friend), everyone having access to that address-identity link information (exchanges, governments, hackers, etc.) will be able to associate that transaction and know who you are transacting with.
## Conclusions
To sum up, **KYC does not protect individuals**; rather, it's a threat to our privacy, freedom, security and integrity. Sensible information flowing through the internet is thrown into chaos by dubious security measures. It puts borders between many potential customers and businesses, and it helps governments and companies track innocent users. That's the chaos KYC has stirred.
The criminals are using stolen identities from companies that gathered them thanks to these very same regulations that were supposed to combat them. Criminals always know how to circumvent such regulations. In the end, normal people are the most affected by these policies.
The threat that KYC poses to individuals in terms of privacy, security and freedom is not to be neglected. And if we don’t start challenging these systems and questioning their efficacy, we are just one step closer to the dystopian future that is now foreseeable.
> Edited 20/03/2024
> * Add reference to the 1% statement on [Rights for Illusions](#rights-for-illusions) section to an article where Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity [^1]
[^1]: https://www.chainalysis.com/blog/2024-crypto-crime-report-introduction/
[^2]: https://old.reddit.com/r/BitcoinBeginners/comments/k2bve1/is_kyc_bad_if_so_why/gdtc8kz
[^3]: https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web/
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![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:29
> [Read the original blog post](https://blog.kycnot.me/p/website-updates)
Over the past few months, I've dedicated my time to a complete rewrite of the kycnot.me website. The technology stack remains unchanged; Golang paired with TailwindCSS. However, I've made some design choices in this iteration that I believe significantly enhance the site. Particularly to backend code.
## UI Improvements
You'll notice a refreshed UI that retains the original concept but has some notable enhancements. The service list view is now more visually engaging, it displays additional information in a more aesthetically pleasing manner. Both filtering and searching functionalities have been optimized for speed and user experience.
Service pages have been also redesigned to highlight key information at the top, with the KYC Level box always accessible. The display of service attributes is now more visually intuitive.
The request form, especially the Captcha, has undergone substantial improvements. The new self-made Captcha is robust, addressing the reliability issues encountered with the previous version.
## Terms of Service Summarizer
A significant upgrade is the Terms of Service summarizer/reviewer, now powered by AI (GPT-4-turbo). It efficiently condenses each service's ToS, extracting and presenting critical points, including any warnings. Summaries are updated monthly, processing over 40 ToS pages via the OpenAI API using a self-crafted and thoroughly tested prompt.
## Nostr Comments
I've integrated a comment section for each service using [Nostr](https://usenostr.org). For guidance on using this feature, visit the [dedicated how-to page](https://kycnot.me/nostr).
## Database
The backend database has transitioned to [pocketbase](https://pocketbase.io), an open-source Golang backend that has been a pleasure to work with. I maintain an updated fork of the Golang SDK for pocketbase at [pluja/pocketbase](https://github.com/pluja/pocketbase).
## Scoring
The scoring algorithm has also been refined to be more fair. Despite I had considered its removal due to the complexity it adds (it is very difficult to design a fair scoring system), some users highlighted its value, so I kept it. The updated algorithm is available [open source](https://codeberg.org/pluja/kycnot.me).
## Listings
Each listing has been re-evaluated, and the ones that were no longer operational were removed. New additions are included, and the backlog of pending services will be addressed progressively, since I still have access to the old database.
## API
The API now offers more comprehensive data. For more details, [check here](https://kycnot.me/about#api).
## About Page
The About page has been restructured for brevity and clarity.
## Other Changes
Extensive changes have been implemented in the server-side logic, since the whole code base was re-written from the ground up. I may discuss these in a future post, but for now, I consider the current version to be just a bit beyond beta, and additional updates are planned in the coming weeks.
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![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:28
> [Read the original blog post](https://blog.kycnot.me/p/wizardswap-review)
I'm launching a new service review section on this blog in collaboration with [OrangeFren](https://orangefren.com). These reviews are sponsored, yet the sponsorship does not influence the outcome of the evaluations. Reviews are done in advance, then, the service provider has the discretion to approve publication without modifications.
Sponsored reviews are independent from the kycnot.me list, being only part of the blog. The reviews have no impact on the scores of the listings or their continued presence on the list. Should any issues arise, I will not hesitate to remove any listing.
---
## The review
[WizardSwap](https://kycnot.me/service/wizardswap) is an instant exchange centred around privacy coins. It was launched in 2020 making it old enough to have weathered the 2021 bull run and the subsequent bearish year.
| Pros | Cons |
|------|------|
| Tor-friendly | Limited liquidity |
| Guarantee of no KYC | Overly simplistic design |
| Earn by providing liquidity | |
**Rating**: ★★★★★
**Service Website**: [wizardswap.io](https://www.wizardswap.io/)
### Liquidity
Right off the bat, we'll start off by pointing out that WizardSwap relies on its own liquidity reserves, meaning they aren't just a reseller of Binance or another exchange. They're also committed to a no-KYC policy, when asking them, they even promised they would rather refund a user their original coins, than force them to undergo any sort of verification.
On the one hand, full control over all their infrastructure gives users the most privacy and conviction about the KYC policies remaining in place.
On the other hand, this means the liquidity available for swapping isn't huge. At the time of testing we could only purchase at most about 0.73 BTC with XMR.
It's clear the team behind WizardSwap is aware of this shortfall and so they've come up with a solution unique among instant exchanges. They let you, the user, deposit any of the currencies they support into your account and earn a profit on the trades made using your liquidity.
### Trading
Fees on WizardSwap are middle-of-the-pack. The normal fee is 2.2%. That's more than some exchanges that reserve the right to suddenly demand you undergo verification, yet less than half the fees on some other privacy-first exchanges. However as we mentioned in the section above you can earn almost all of that fee (2%) if you provide liquidity to WizardSwap.
It's good that with the current Bitcoin fee market their fees are constant regardless of how much, or how little, you send. This is in stark contrast with some of the alternative swap providers that will charge you a massive premium when attempting to swap small amounts of BTC away.
### Test trades
> Test trades are always performed without previous notice to the service provider.
During our testing we performed a few test trades and found that every single time WizardSwap immediately detected the incoming transaction and the amount we received was _exactly_ what was quoted before depositing. The fees were inline with what WizardSwap advertises.
![](https://i.ibb.co/nrT9QKF/wizardswap-proof.webp)
- [Monero payment proof](https://www.exploremonero.com/receipt/bd7d6fe81b1e6ba6a89505752ea3688a6fed3920202e513e309d37bc3aebff34/8AFcX8TNnrCHmKqyaZGUYSCdjKrYgqNyLSkksFhwZGaXHsrBCUxqHGjCL6aVUb87QcYLzRXKYBGuYME6t5MBQu1u7LHRztK/2b0442aa2c31c3715da1b485f407e01ca43db74fef7d9ce54ddb69452f15120d)
- [Bitcoin received](https://mempool.space/address/bc1qjqtyzav6dtly4vu9qr9qylf6vrqkhhlrsqnq2u)
- [Wizardswap TX link](https://www.wizardswap.io/id=87MVUQ7F) - it's possible that this link may cease to be valid at some point in the future.
### **ToS and KYC**
WizardSwap does not have a Terms of Service or a Privacy Policy page, at least none that can be found by users. Instead, they offer a FAQ section where they addresses some basic questions.
The site does not mention any KYC or AML practices. It also does not specify how refunds are handled in case of failure. However, based on the FAQ section "What if I send funds after the offer expires?" it can be inferred that contacting support is necessary and network fees will be deducted from any refund.
### UI & Tor
WizardSwap can be visited both via your usual browser and Tor Browser. Should you decide on the latter you'll find that the website works even with the most strict settings available in the Tor Browser (meaning no JavaScript).
However, when disabling Javascript you'll miss the live support chat, as well as automatic refreshing of the trade page. The lack of the first means that you will have no way to contact support from the trade page if anything goes wrong during your swap, although you can do so by mail.
One important thing to have in mind is that if you were to accidentally close the browser during the swap, and you did not save the swap ID or your browser history is disabled, you'll have no easy way to return to the trade. For this reason we suggest when you begin a trade to copy the url or ID to someplace safe, before sending any coins to WizardSwap.
The UI you'll be greeted by is simple, minimalist, and easy to navigate. It works well not just across browsers, but also across devices. You won't have any issues using this exchange on your phone.
### Getting in touch
The team behind WizardSwap appears to be most active on X (formerly Twitter): https://twitter.com/WizardSwap_io
If you have any comments or suggestions about the exchange make sure to reach out to them. In the past they've been very receptive to user feedback, for instance a few months back WizardSwap was planning on removing DeepOnion, but the community behind that project got together [^1] and after reaching out WizardSwap reversed their decision [^2].
You can also contact them via email at: `support @ wizardswap . io`
### Disclaimer
*None of the above should be understood as investment or financial advice. The views are our own only and constitute a faithful representation of our experience in using and investigating this exchange. This review is not a guarantee of any kind on the services rendered by the exchange. Do your own research before using any service.*
[^1]: https://deeponion.org/community/threads/wizardswap-io-news.46713/
[^2]: https://twitter.com/WizardSwap_io/status/1732814285242290380
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![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:19
> [Read the original blog post](https://blog.kycnot.me/p/monero-history)
Bitcoin enthusiasts frequently and correctly remark how much value it adds to Bitcoin not to have a face, a leader, or a central authority behind it. This particularity means there isn't a single person to exert control over, or a single human point of failure who could become corrupt or harmful to the project.
Because of this, it is said that no other coin can be equally valuable as Bitcoin in terms of decentralization and trustworthiness. Bitcoin is unique not just for being first, but also because of how the events behind its inception developed. This implies that, from Bitcoin onwards, any coin created would have been created by someone, consequently having an authority behind it. For this and some other reasons, some people refer to Bitcoin as "[The Immaculate Conception](https://yewtu.be/watch?v=FXvQcuIb5rU)".
While other coins may have their own unique features and advantages, they may not be able to replicate Bitcoin's community-driven nature. However, one other cryptocurrency shares a similar story of mystery behind its creation: **Monero**.
## History of Monero
### Bytecoin and CryptoNote
In March 2014, a Bitcointalk thread titled "*Bytecoin. Secure, private, untraceable since 2012*" was initiated by a user under the nickname "**DStrange**"[^1^]. DStrange presented Bytecoin (BCN) as a unique cryptocurrency, in operation since July 2012. Unlike Bitcoin, it employed a new algorithm known as CryptoNote.
DStrange apparently stumbled upon the Bytecoin website by chance while mining a dying bitcoin fork, and decided to create a thread on Bitcointalk[^1^]. This sparked curiosity among some users, who wondered how could Bytecoin remain unnoticed since its alleged launch in 2012 until then[^2^] [^3^].
Some time after, a user brought up the "CryptoNote v2.0" whitepaper for the first time, underlining its innovative features[^4^]. Authored by the pseudonymous **Nicolas van Saberhagen** in October 2013, the CryptoNote v2 whitepaper[^5^] highlighted the traceability and privacy problems in Bitcoin. Saberhagen argued that these flaws could not be quickly fixed, suggesting it would be more efficient to start a new project rather than trying to patch the original[^5^], an statement simmilar to the one from Satoshi Nakamoto[^6^].
Checking with Saberhagen's digital signature, the release date of the whitepaper seemed correct, which would mean that Cryptonote (v1) was created in 2012[^7^] [^8^], although there's an important detail: *"Signing time is from the clock on the signer's computer"* [^9^].
Moreover, the whitepaper v1 contains a footnote link to a Bitcointalk post dated May 5, 2013[^10^], making it impossible for the whitepaper to have been signed and released on December 12, 2012.
As the narrative developed, users discovered that a significant **80% portion of Bytecoin had been pre-mined**[^11^] and blockchain dates seemed to be faked to make it look like it had been operating since 2012, leading to controversy surrounding the project.
The origins of CryptoNote and Bytecoin remain mysterious, leaving suspicions of a possible scam attempt, although the whitepaper had a good amount of work and thought on it.
### The fork
In April 2014, the Bitcointalk user **`thankful_for_today`**, who had also participated in the Bytecoin thread[^12^], announced plans to launch a Bytecoin fork named **Bitmonero**[^13^] [^14^].
The primary motivation behind this fork was *"Because there is a number of technical and marketing issues I wanted to do differently. And also because I like ideas and technology and I want it to succeed"*[^14^]. This time Bitmonero did things different from Bytecoin: there was no premine or instamine, and no portion of the block reward went to development.
However, thankful_for_today proposed controversial changes that the community disagreed with. **Johnny Mnemonic** relates the events surrounding Bitmonero and thankful_for_today in a Bitcointalk comment[^15^]:
> When thankful_for_today launched BitMonero [...] he ignored everything that was discussed and just did what he wanted. The block reward was considerably steeper than what everyone was expecting. He also moved forward with 1-minute block times despite everyone's concerns about the increase of orphan blocks. He also didn't address the tail emission concern that should've (in my opinion) been in the code at launch time. Basically, he messed everything up. *Then, he disappeared*.
After disappearing for a while, thankful_for_today returned to find that the community had taken over the project. Johnny Mnemonic continues:
> I, and others, started working on new forks that were closer to what everyone else was hoping for. [...] it was decided that the BitMonero project should just be taken over. There were like 9 or 10 interested parties at the time if my memory is correct. We voted on IRC to drop the "bit" from BitMonero and move forward with the project. Thankful_for_today suddenly resurfaced, and wasn't happy to learn the community had assumed control of the coin. He attempted to maintain his own fork (still calling it "BitMonero") for a while, but that quickly fell into obscurity.
The unfolding of these events show us the roots of Monero. Much like Satoshi Nakamoto, the creators behind CryptoNote/Bytecoin and thankful_for_today remain a mystery[^17^] [^18^], having disappeared without a trace. This enigma only adds to Monero's value.
Since community took over development, believing in the project's potential and its ability to be guided in a better direction, Monero was given one of Bitcoin's most important qualities: **a leaderless nature**. With no single face or entity directing its path, Monero is safe from potential corruption or harm from a "central authority".
The community continued developing Monero until today. Since then, Monero has undergone a lot of technological improvements, migrations and achievements such as [RingCT](https://www.getmonero.org/resources/moneropedia/ringCT.html) and [RandomX](https://github.com/tevador/randomx). It also has developed its own [Community Crowdfundinc System](https://ccs.getmonero.org/), conferences such as [MoneroKon](https://monerokon.org/) and [Monerotopia](https://monerotopia.com/) are taking place every year, and has a very active [community](https://www.getmonero.org/community/hangouts/) around it.
> Monero continues to develop with goals of privacy and security first, ease of use and efficiency second. [^16^]
This stands as a testament to the power of a dedicated community operating without a central figure of authority. This decentralized approach aligns with the original ethos of cryptocurrency, making Monero a prime example of community-driven innovation. For this, I thank all the people involved in Monero, that lead it to where it is today.
*If you find any information that seems incorrect, unclear or any missing important events, please [contact me](https://kycnot.me/about#contact) and I will make the necessary changes.*
### Sources of interest
* https://forum.getmonero.org/20/general-discussion/211/history-of-monero
* https://monero.stackexchange.com/questions/852/what-is-the-origin-of-monero-and-its-relationship-to-bytecoin
* https://en.wikipedia.org/wiki/Monero
* https://bitcointalk.org/index.php?topic=583449.0
* https://bitcointalk.org/index.php?topic=563821.0
* https://bitcointalk.org/index.php?action=profile;u=233561
* https://bitcointalk.org/index.php?topic=512747.0
* https://bitcointalk.org/index.php?topic=740112.0
* https://monero.stackexchange.com/a/1024
* https://inspec2t-project.eu/cryptocurrency-with-a-focus-on-anonymity-these-facts-are-known-about-monero/
* https://medium.com/coin-story/coin-perspective-13-riccardo-spagni-69ef82907bd1
* https://www.getmonero.org/resources/about/
* https://www.wired.com/2017/01/monero-drug-dealers-cryptocurrency-choice-fire/
* https://www.monero.how/why-monero-vs-bitcoin
* https://old.reddit.com/r/Monero/comments/u8e5yr/satoshi_nakamoto_talked_about_privacy_features/
[^1^]: https://bitcointalk.org/index.php?topic=512747.0
[^2^]: https://bitcointalk.org/index.php?topic=512747.msg5901770#msg5901770
[^3^]: https://bitcointalk.org/index.php?topic=512747.msg5950051#msg5950051
[^4^]: https://bitcointalk.org/index.php?topic=512747.msg5953783#msg5953783
[^5^]: https://bytecoin.org/old/whitepaper.pdf
[^6^]: https://bitcointalk.org/index.php?topic=770.msg8637#msg8637
[^7^]: https://bitcointalk.org/index.php?topic=512747.msg7039536#msg7039536
[^8^]: https://bitcointalk.org/index.php?topic=512747.msg7039689#msg7039689
[^9^]: https://i.stack.imgur.com/qtJ43.png
[^10^]: https://bitcointalk.org/index.php?topic=740112
[^11^]: https://bitcointalk.org/index.php?topic=512747.msg6265128#msg6265128
[^12^]: https://bitcointalk.org/index.php?topic=512747.msg5711328#msg5711328
[^13^]: https://bitcointalk.org/index.php?topic=512747.msg6146717#msg6146717
[^14^]: https://bitcointalk.org/index.php?topic=563821.0
[^15^]: https://bitcointalk.org/index.php?topic=583449.msg10731078#msg10731078
[^16^]: https://www.getmonero.org/resources/about/
[^17^]: https://old.reddit.com/r/Monero/comments/lz2e5v/going_deep_in_the_cryptonote_rabbit_hole_who_was/
[^18^]: https://old.reddit.com/r/Monero/comments/oxpimb/is_there_any_evidence_that_thankful_for_today/
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![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:10
> [Read the original blog post](https://blog.kycnot.me/p/diy-seed-backup)
I've been thinking about how to improve my seed backup in a cheap and cool way, mostly for fun. Until now, I had the seed written on a piece of paper in a desk drawer, and I wanted something more durable and fire-proof.
[Show me the final result!](#the-final-result)
After searching online, I found two options I liked the most: the [Cryptosteel](https://cryptosteel.com/) Capsule and the [Trezor Keep](https://trezor.io/trezor-keep-metal). These products are nice but quite expensive, and I didn't want to spend that much on my seed backup. **Privacy** is also important, and sharing details like a shipping address makes me uncomfortable. This concern has grown since the Ledger incident[^1]. A $5 wrench attack[^2] seems too cheap, even if you only hold a few sats.
Upon seeing the design of Cryptosteel, I considered creating something similar at home. Although it may not be as cool as their device, it could offer almost the same in terms of robustness and durability.
## Step 1: Get the materials and tools
When choosing the materials, you will want to go with **stainless steel**. It is durable, resistant to fire, water, and corrosion, very robust, and does not rust. Also, its price point is just right; it's not the cheapest, but it's cheap for the value you get.
![A set of stainless steel bolts, nuts and washers, a hammer and stamps](/static/img/diy-seed-backup/all-what-is-needed.webp)
I went to a material store and bought:
- Two bolts
- Two hex nuts and head nuts for the bolts
- A bag of 30 washers
All items were made of stainless steel. The total price was around **€6**. This is enough for making two seed backups.
You will also need:
- A set of metal letter stamps (I bought a 2mm-size letter kit since my washers were small, 6mm in diameter)
- You can find these in local stores or online marketplaces. The set I bought cost me €13.
- A good hammer
- A solid surface to stamp on
Total spent: **19€** for two backups
## Step 2: Stamp and store
Once you have all the materials, you can start stamping your words. There are many videos on the internet that use fancy 3D-printed tools to get the letters nicely aligned, but I went with the free-hand option. The results were pretty decent.
![A washer stamped with letters](/static/img/diy-seed-backup/stamped.webp)
I only stamped the first 4 letters for each word since the BIP-39 wordlist allows for this. Because my stamping kit did not include numbers, I used alphabet letters to define the order. This way, if all the washers were to fall off, I could still reassemble the seed correctly.
## The final result
So this is the final result. I added two smaller washers as protection and also put the top washer reversed so the letters are not visible:
![A set of stainless steel bolts, nuts and washers, all put together to form the backup](/static/img/diy-seed-backup/result.webp)
Compared to the Cryptosteel or the Trezor Keep, its size is much more compact. This makes for an easier-to-hide backup, in case you ever need to hide it inside your human body.
## Some ideas
### Tamper-evident seal
To enhance the security this backup, you can consider using a **tamper-evident seal**. This can be easily achieved by printing a **unique** image or using a specific day's newspaper page (just note somewhere what day it was).
Apply a thin layer of glue to the washer's surface and place the seal over it. If someone attempts to access the seed, they will be forced to destroy the seal, which will serve as an evident sign of tampering.
This simple measure will provide an additional layer of protection and allow you to quickly identify any unauthorized access attempts.
Note that this method is not resistant to outright theft. The tamper-evident seal won't stop a determined thief but it will prevent them from accessing your seed without leaving any trace.
### Redundancy
Make sure to add redundancy. Make several copies of this cheap backup, and store them in separate locations.
### Unique wordset
Another layer of security could be to implement your own custom mnemonic dictionary. However, this approach has the risk of permanently losing access to your funds if not implemented correctly.
If done properly, you could potentially end up with a highly secure backup, as no one else would be able to derive the seed phrase from it. To create your custom dictionary, assign a unique number from 1 to 2048 to a word of your choice. Maybe you could use a book, and index the first 2048 unique words that appear. Make sure to store this book and even get a couple copies of it (digitally and phisically).
This self-curated set of words will serve as your personal BIP-39 dictionary. When you need to translate between your custom dictionary and the official [BIP-39 wordlist](https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt), simply use the index number to find the corresponding word in either list.
> Never write the idex or words on your computer (Do not use `Ctr+F`)
[^1]: https://web.archive.org/web/20240326084135/https://www.ledger.com/message-ledgers-ceo-data-leak
[^2]: https://xkcd.com/538/
-
![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:10:02
> [Read the original blog post](https://blog.kycnot.me/p/ai-tos-analysis)
**kycnot.me** features a somewhat hidden tool that some users may not be aware of. Every month, an automated job crawls every listed service's Terms of Service (ToS) and FAQ pages and conducts an AI-driven analysis, generating a comprehensive overview that highlights key points related to KYC and user privacy.
Here's an example: [Changenow's Tos Review](https://kycnot.me/service/changenow#tos)
![Changenow's Tos review](/static/img/ai-tos-analysis/tos_review.webp)
## Why?
ToS pages typically contain a lot of complicated text. Since the first versions of **kycnot.me**, I have tried to provide users a comprehensive overview of what can be found in such documents. This automated method keeps the information up-to-date every month, which was one of the main challenges with manual updates.
A significant part of the time I invest in investigating a service for **kycnot.me** involves reading the ToS and looking for any clauses that might indicate aggressive KYC practices or privacy concerns. For the past four years, I performed this task manually. However, with advancements in language models, this process can now be somewhat automated. I still manually review the ToS for a quick check and regularly verify the AI’s findings. However, over the past three months, this automated method has proven to be quite reliable.
Having a quick ToS overview section allows users to avoid reading the entire ToS page. Instead, you can quickly read the important points that are grouped, summarized, and referenced, making it easier and faster to understand the key information.
## Limitations
This method has a key limitation: JS-generated pages. For this reason, I was using Playwright in my crawler implementation. I plan to make a release addressing this issue in the future. There are also sites that don't have ToS/FAQ pages, but these sites already include a warning in that section.
Another issue is false positives. Although not very common, sometimes the AI might incorrectly interpret something harmless as harmful. Such errors become apparent upon reading; it's clear when something marked as bad should not be categorized as such. I manually review these cases regularly, checking for anything that seems off and then removing any inaccuracies.
Overall, the automation provides great results.
## How?
There have been several iterations of this tool. Initially, I started with GPT-3.5, but the results were not good in any way. It made up many things, and important thigs were lost on large ToS pages. I then switched to GPT-4 Turbo, but it was expensive. Eventually, I settled on Claude 3 Sonnet, which provides a quality compromise between GPT-3.5 and GPT-4 Turbo at a more reasonable price, while allowing a generous 200K token context window.
I designed a prompt, which is open source[^1], that has been tweaked many times and will surely be adjusted further in the future.
For the ToS scraping part, I initially wrote a scraper API using Playwright[^2], but I replaced it with Jina AI Reader[^3], which works quite well and is designed for this task.
### Non-conflictive ToS
All services have a dropdown in the ToS section called "Non-conflictive ToS Reviews." These are the reviews that the AI flagged as not needing a user warning. I still provide these because I think they may be interesting to read.
## Feedback and contributing
You can give me feedback on this tool, or share any inaccuraties by either opening an issue on Codeberg[^4] or by contacting me [^5].
You can contribute with pull requests, which are always welcome, or you can [support](https://kycnot.me/about#support) this project with any of the listed ways.
[^1]: https://codeberg.org/pluja/kycnot.me/src/branch/main/src/utils/ai/prompt.go
[^2]: https://codeberg.org/pluja/kycnot.me/commit/483ba8b415cecf323b3d9f0cfd4e9620919467d2
[^3]: https://github.com/jina-ai/reader
[^4]: https://codeberg.org/pluja/kycnot.me
[^5]: https://kycnot.me/about#contact
-
![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:09:54
> [Read the original blog post](https://blog.kycnot.me/p/swapter-review)
These reviews are sponsored, yet the sponsorship does not influence the outcome of the evaluations. Sponsored reviews are independent from the kycnot.me list, being only part of the blog. The reviews have no impact on the scores of the listings or their continued presence on the list. Should any issues arise, I will not hesitate to remove any listing. Reviews are in collaboration with [Orangefren](https://kycnot.me/service/orangefren).
## The review
[Swapter.io](https://kycnot.me/service/swapter) is an all-purpose instant exchange. They entered the scene in the depths of the bear market about 2 years ago in June of 2022.
| Pros | Cons |
| --------------- | ---------------------------------- |
| Low fees | Shotgun KYC with opaque triggers |
| Large liquidity | Relies on 3rd party liquidity |
| Works over Tor | Front-end not synced with back-end |
| Pretty UI | |
**Rating**: ★★★☆☆
**Service Website:** [swapter.io](https://swapter.io)
> ⚠️ There is an ongoing issue with this service: [read more on Reddit](https://old.reddit.com/r/Monero/comments/1d8olsd/swapter_225_xmr_missing/).
### Test Trades
During our testing we performed a trade from XMR to LTC, and then back to XMR.
Our first trade had the ID of: `mpUitpGemhN8jjNAjQuo6EvQ`. We were promised **0.8 LTC** for sending **0.5 XMR**, before we sent the Monero. When the Monero arrived we were sent **0.799 LTC**.
On the return journey we performed trade with ID: `yaCRb5pYcRKAZcBqg0AzEGYg`. This time we were promised **0.4815 XMR** for sending **0.799 LTC**. After Litecoin arrived we were sent **0.4765 XMR**.
As such we saw a discrepancy of `~0.1%` in the first trade and `~1%` in the second trade. Considering those trades were floating we determine the estimates presented in the UI to be highly accurate and honest.
Of course Swapter could've been imposing a large fee on their estimates, but we checked their estimates against CoinGecko and found the difference to be equivalent to a fee of just over `0.5%`. Perfectly in line with other swapping services.
### Trading
Swapter supports BTC, LTC, XMR and well over a thousand other coins. Sadly they **don't support the Lightning Network**. For the myriad of currencies they deal with they provide massive upper limits. You could exchange tens, or even hundreds, of thousands of dollars worth of cryptocurrency in a single trade (although we wouldn't recommend it).
The flip side to this is that Swapter **relies on 3rd party liquidity**. Aside from the large liqudity this also benefits the user insofar as it allows for very low fees. However, it also comes with a negative - the 3rd party gets to see all your trades. Unfortunately Swapter opted not to share where they source their liquidity in their Privacy Policy or Terms of Service.
### KYC & AML policies
Swapter reserves the right to require its users to provide their full name, their date of birth, their address and government-issued ID. A practice known as "*shotgun KYC*". This should not happen often - in our testing it never did - however it's not clear when exactly it could happen. The AML & KYC policy provided on Swapter's website simply states they will put your trade on hold if their "risk scoring system [deems it] as suspicious".
Worse yet, if they determine that "any of the information [the] customer provided is incorrect, false, outdated, or incomplete" then Swapter may decide to terminate all of the services they provide to the user. What exactly would happen to their funds in such a case remains unclear.
The only clarity we get is that the Swapter policy outlines a designated 3rd party that will verify the information provided by the user. The third party's name is Sum & Substance Ltd, also simply known as samsub and available at [sumsub.com](https://sumsub.com/)
It's understandable that some exchanges will decide on a policy of this sort, especially when they rely on external liquidity, but we would prefer more clarity be given. **When exactly is a trade suspicious?**
### Tor
We were pleased to discover Swapter **works over Tor**. However, they do not provide a Tor mirror, nor do they work without JavaScript. Additionally, we found that some small features, such as the live chat, did not work over Tor. Fortunately, other means of contacting their support are still available.
### UI
We have found the Swapter UI to be very modern, straightforward and simple to use. It's available in 4 languages (English, French, Dutch and Russian), although we're unable to vouch for the quality of some of those, the ones that we used seemed perfectly serviceable.
Our only issue with the UI was that it claims the funds have been sent following the trade, when in reality it seems to take the backend a minute or so to actually broadcast the transaction.
### Getting in touch
Swapter's team has a chat on their website, a support email address and a support Telegram. Their social media presence in most active on Telegram and X (formerly Twitter).
### Disclaimer
*None of the above should be understood as investment or financial advice. The views are our own only and constitute a faithful representation of our experience in using and investigating this exchange. This review is not a guarantee of any kind on the services rendered by the exchange. Do your own research before using any service.*
-
![](/static/nostr-icon-purple-64x64.png)
@ 39cc53c9:27168656
2025-01-24 20:09:43
> [Read the original blog post](https://blog.kycnot.me/p/four-years)
> “The future is there... staring back at us. Trying to make sense of the fiction we will have become.”
> — William Gibson.
This month is [the 4th anniversary](#the-anniversary) of kycnot.me. Thank you for being here.
Fifteen years ago, Satoshi Nakamoto introduced Bitcoin, a peer-to-peer electronic cash system: a decentralized currency **free from government and institutional control**. Nakamoto's whitepaper showed a vision for a financial system based on trustless transactions, secured by cryptography. Some time forward and KYC (Know Your Customer), AML (Anti-Money Laundering), and CTF (Counter-Terrorism Financing) regulations started to come into play.
What a paradox: to engage with a system designed for decentralization, privacy, and independence, we are forced to give away our personal details. Using Bitcoin in the economy requires revealing your identity, not just to the party you interact with, but also to third parties who must track and report the interaction. You are forced to give sensitive data to entities you don't, can't, and shouldn't trust. Information can never be kept 100% safe; there's always a risk. Information is power, who knows about you has control over you.
Information asymmetry creates imbalances of power. When entities have detailed knowledge about individuals, they can manipulate, influence, or exploit this information to their advantage. The accumulation of personal data by corporations and governments enables extensive surveillances.
Such practices, moreover, exclude individuals from traditional economic systems if their documentation doesn't meet arbitrary standards, reinforcing a dystopian divide. Small businesses are similarly burdened by the costs of implementing these regulations, hindering free market competition[^1]:
![Graph, worldwide, ~$304 billion goes towards KYC/AML enforcement, netting just $3 billion in total.](/static/img/four-years/kyc-costs.webp)
How will they keep this information safe? Why do they need my identity? Why do they force businesses to enforce such regulations? It's always for your safety, to protect you from the "bad". Your life is perpetually in danger: terrorists, money launderers, villains... so the government steps in to save us.
> ‟Hush now, baby, baby, don't you cry
> Mamma's gonna make all of your nightmares come true
> Mamma's gonna put all of her fears into you
> Mamma's gonna keep you right here, under her wing
> She won't let you fly, but she might let you sing
> Mamma's gonna keep baby cosy and warm”
> — Mother, Pink Floyd
We must resist any attack on our privacy and freedom. To do this, we must collaborate.
If you have a service, refuse to ask for KYC; find a way. Accept cryptocurrencies like Bitcoin and Monero. Commit to circular economies. Remove the need to go through the FIAT system. People need fiat money to use most services, but we can change that.
If you're a user, donate to and prefer using services that accept such currencies. Encourage your friends to accept cryptocurrencies as well. Boycott FIAT system to the greatest extent you possibly can.
This may sound utopian, but it can be achieved. This movement can't be stopped. Go kick the hornet's nest.
> “We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.”
> — Eric Hughes, A Cypherpunk's Manifesto
## The anniversary
Four years ago, I began exploring ways to use crypto without KYC. I bookmarked a few favorite services and thought sharing them to the world might be useful. That was the first version of [kycnot.me](https://kycnot.me) — a simple list of about 15 services. Since then, I've added services, rewritten it three times, and improved it to what it is now.
[kycnot.me](https://kycnot.me) has remained 100% independent and 100% open source[^2] all these years. I've received offers to buy the site, all of which I have declined and will continue to decline. It has been DDoS attacked many times, but we made it through. I have also rewritten the whole site almost once per year (three times in four years).
The code and scoring algorithm are open source (contributions are welcome) and I can't arbitrarly change a service's score without adding or removing attributes, making any arbitrary alterations obvious if they were fake. You can even see [the score summary](https://https://kycnot.me/api/v1/service/bisq/summary) for any service's score.
I'm a one-person team, dedicating my free time to this project. I hope to keep doing so for many more years. Again, thank you for being part of this.
[^1]: https://x.com/freedomtech/status/1796190018588872806
[^2]: https://codeberg.org/pluja/kycnot.me
-
![](/static/nostr-icon-purple-64x64.png)
@ 378562cd:a6fc6773
2025-01-24 16:15:53
**Top 20 U.S. Headlines:**
1. **Federal Judge Blocks Trump's Birthright Citizenship Executive Order**A federal judge has temporarily halted President Donald Trump's executive order aimed at ending birthright citizenship, citing constitutional concerns under the 14th Amendment. This decision marks a significant legal challenge to the administration's immigration policy.
2. **U.S. Withdraws from Global Tax Agreement**The United States has officially withdrawn from a global tax deal negotiated at the OECD, which sought to implement a global minimum tax and ensure multinational companies pay fair taxes where they operate. This move signals a potential shift towards a tax war, with considerations to double taxes on foreign companies as a retaliatory measure.
3. **Chancellor Rachel Reeves Backs Heathrow Expansion**Chancellor Rachel Reeves has expressed support for the long-debated Heathrow Airport expansion, citing economic growth and job creation. However, the project faces resistance from environmental groups and within her party, highlighting concerns over environmental impacts and carbon emissions.
4. **Former Politico Reporters Criticize Editorial Decisions on Hunter Biden Stories**Ex-Politico reporters Tara Palmeri and Marc Caputo have criticized their former editors for allegedly suppressing significant stories about Hunter Biden's laptop and related issues before the 2020 election, contributing to a narrative of misinformation. Politico has defended its editorial standards and commitment to accuracy.
5. **Skepticism Surrounds 'Drill, Baby, Drill' Plan**U.S. shale industry leaders have expressed skepticism about President Trump's plan to significantly boost oil production to combat inflation, emphasizing that financial motivations drive decisions rather than political agendas. Despite pressure on OPEC and Saudi Arabia to lower oil prices, low prices could harm U.S. shale profitability, with growth expected to slow.
6. **Chicago Bears Appoint Ben Johnson as Head Coach**The Chicago Bears have appointed Ben Johnson as their new head coach, offering a substantial salary of $13 million per year, making him the seventh-highest-paid NFL coach. Despite having no head coaching experience, Johnson's tenure as the Detroit Lions' offensive coordinator saw significant improvements in the team's offense.
7. **Southport Attack Aftermath: Addressing Myths and Misinformation**Following last summer's Southport attack, where three young girls were murdered, authorities are confronting far-right riots and disinformation that ensued. The attacker, Axel Rudakubana, pleaded guilty, and investigations revealed extremist materials in his home. The incident has prompted discussions on effective public communication to dispel harmful disinformation.
8. **Southern California Wildfires Force Mass Evacuations**A new explosive wildfire has erupted near Los Angeles, rapidly expanding to over 10,000 acres and forcing mass evacuations. Firefighters are battling to maintain control amid challenging conditions.
9. **Historic Snowstorm Paralyzes Parts of the Southern U.S**.A record-breaking snowstorm has swept across the southern United States, paralyzing regions unaccustomed to such weather. The storm has led to significant disruptions, including road closures and power outages.
10. **President Trump Deploys 1,500 Troops to Southern Border**In a move to bolster border security, President Trump has ordered the deployment of 1,500 active-duty troops to the U.S.-Mexico border. This action aligns with his administration's recent executive orders on immigration enforcement.
11. **Trump Administration Reviewing Automatic Emergency Braking Rule**The U.S. auto safety agency is reconsidering a landmark rule from the previous administration that required nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems.
12. **Lawmakers Seek Sanctions Over Hong Kong Human Rights Violations**Bipartisan U.S. lawmakers are introducing a bill requiring the Trump administration to review whether Hong Kong officials should be sanctioned for human rights violations.
13. **International Criminal Court Prepares for Possible U.S. Sanctions**The International Criminal Court has taken measures to shield staff from potential U.S. sanctions, including paying salaries three months in advance, as it braces for financial restrictions that could impact the tribunal's operations.
14. **Brianna 'Chickenfry' LaPaglia Reflects on Sexuality Post-Breakup**Following a tumultuous breakup with country singer Zach Bryan, Brianna LaPaglia, known as "Chickenfry," speculates about her dating preferences, expressing disinterest in having a boyfriend and considering dating women.
15. **NATO Chief Warns of Costly Impact if Russia Wins Over Ukraine**NATO Secretary-General Mark Rutte has warned that a Russian victory over Ukraine would undermine the alliance's credibility and could cost trillions of dollars to restore its deterrent power.
16. **U.S. Border Patrol Agent Fatally Shot in Vermont**Authorities report that a U.S. Border Patrol agent has been fatally shot in northern Vermont. The acting secretary of the Department of Homeland Security stated that the agent was killed in the line of duty.
17. **MLK Day Observance Highlights Warning Against Anti-Woke Rhetoric**Martin Luther King Jr. Day celebrations at King's former congregation in Atlanta featured a 70-member choir and remarks from his youngest daughter, warning against anti-woke rhetoric.
18. **Biden Pardons Fauci, Milley, and Jan. 6 Panel Members**President Joe Biden has pardoned individuals including Dr. Anthony Fauci, General Mark Milley, and members of the Jan. 6 committee, as a guard against potential 'revenge' by former President Trump.
19. **Bitter Cold Spreads Across Much of the U.S**.Frigid temperatures are engulfing Texas and other parts of the South ahead of a rare winter storm expected to bring heavy snow and disruptive ice accumulations to the region.
20. **President Trump Grants Sweeping Pardon of Jan. 6 Defendants**\
Former President Trump has issued pardons to multiple individuals convicted of crimes related to the January 6th Capitol breach, framing the move as a commitment to "justice for patriots." This decision has sparked sharp debates across political lines.
---
**Top 5 Worldwide Headlines:**
1. **Tensions Escalate Between Russia and NATO Over Ukraine**\
Russia has ramped up its military offensive in Ukraine, with NATO allies pledging additional support, including advanced weaponry, to Kyiv. The conflict continues to reshape European geopolitics.
2. **Global Markets React to China's Economic Data**\
Slower-than-expected economic growth in China has sent ripples through global markets, raising concerns about the potential impact on global trade and supply chains.
3. **Massive Earthquake Strikes Turkey and Syria**\
A devastating earthquake has rocked parts of Turkey and Syria, resulting in significant casualties and widespread destruction. International relief efforts are underway.
4. **United Nations Calls for Immediate Action on Climate Crisis**\
A new UN report highlights the urgent need for global cooperation to combat the accelerating effects of climate change, including rising sea levels and extreme weather patterns.
5. **Protests Erupt in France Over Pension Reform Plans**\
Large-scale protests have broken out across France in response to the government’s proposal to raise the retirement age, with unions organizing nationwide strikes.
-
![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-24 15:24:17
This week flew by and we're already getting ready for another episode. Which reminds me that I need to get a couple more clips out.
### Territory Stuff
- We had a winner in the CFP pool
- I'm continuing to flounder in the Cricket contests
- The UEFA contest is back
- And, of course, Team USA notched another victory
### NFL News
- Conference Championships
- Are the Lions doomed?
- Is Jayden Daniels the best rookie we've ever seen?
- GOTW Ravens vs Bills: MVP vs OPOY why they're different awards
- Sports betting vs bad officiating
### NBA News
- Trade talk
- New All Star Game format
- Joker and SGA appreciation
### Golf
- What's this new TGL thing and why is it lame?
### Hockey
- Ovi update
- Canadian teams are killing it this season
Plus, anything you want us to talk about (that we remember while recording).
originally posted at https://stacker.news/items/862280
-
![](/static/nostr-icon-purple-64x64.png)
@ 141daddd:1df80a3f
2025-01-24 09:24:29
When we talk about **escaping the matrix**, the phrase often conjures images of dramatic physical change—abandoning the city for a remote wilderness, building a self-sufficient life in a village, or retreating to the mountains to escape the noise of modernity. But this interpretation, while romantic, misses the essence of what it truly means to break free. Escaping the matrix is not about fleeing the material world. It is not about geography or lifestyle. It is, above all, a **mental and spiritual transformation**.
Even in the movie *The Matrix*, which serves as a powerful allegory for this concept, Morpheus tells Neo that the prison he lives in is not a physical one. It is a prison of the mind. This statement cuts to the core of the matter: the matrix we seek to escape is not an external construct but an internal one. It is the web of beliefs, fears, and limitations that bind us. The bars of this prison are forged from societal expectations, inherited ideologies, and the relentless pursuit of material validation. To escape the matrix, we must first break free from these mental chains.
### The Real Battle: Within the Mind
The material world undoubtedly imposes certain limitations—laws, systems, and structures that shape our daily lives. And while it is possible to challenge and even overcome some of these external barriers, **the greatest battle is fought within**. The matrix is not something you can physically run from because it exists in your perception, in the way you interpret and interact with the world.
True freedom begins with **elevating your consciousness**. It is not about rejecting the material matrix but transcending it. You do not escape by leaving the system behind; you escape by rising above it. This shift in perspective allows you to see the matrix for what it is—a construct, a playground, a stage upon which life unfolds. When you reach this level of awareness, you are no longer a passive participant, a consumer of someone else’s design. Instead, you become a **co-creator** of your reality.
### Living Above the Matrix
To live above the matrix is to observe it without being consumed by it. You recognize its rules and structures, but you are no longer bound by them. You begin to shape your life not according to the desires and expectations of others but according to your own higher purpose. This is not escapism; it is empowerment. You are still in the matrix, but you are no longer of it.
This shift transforms the matrix from a prison into a **playground**. You engage with it consciously, using it as a tool to create a more fulfilling life. You are no longer a pawn in someone else’s game but a player in your own. By breaking free from the mental constructs that once confined you, you reclaim your power and your agency.
### The Path to Co-Creation
Escaping the matrix is not about rejecting the material world but about redefining your relationship with it. It is about moving from a state of consumption to one of creation. When you elevate your consciousness, you stop being a passive recipient of the matrix’s programming. Instead, you begin to actively participate in shaping it. You become a co-creator, weaving your own vision into the fabric of reality.
This process requires introspection, courage, and a willingness to let go of old paradigms. It is not an easy path, but it is a liberating one. By breaking free from the prison of the mind, you unlock the potential to live a life of purpose, creativity, and fulfillment.
### The Choice is Yours
The matrix is not something to be feared or fled from. It is a challenge, an opportunity, a mirror reflecting your own inner state. To escape it is not to abandon the world but to transcend it. The question is not whether the matrix exists but whether you will allow it to define you. Will you remain a prisoner of its illusions, or will you rise above and become a co-creator of your reality?
The choice, as Morpheus would say, is yours.
-
![](/static/nostr-icon-purple-64x64.png)
@ a012dc82:6458a70d
2025-01-24 02:24:43
In the rapidly evolving world of cryptocurrency, bitcoin mining has emerged as a critical yet often misunderstood component. It's a sector where technology, environmental concerns, and economic factors intersect, creating a complex and dynamic landscape. Fred Thiel, the CEO of Marathon Digital Holdings, is a leading voice in this space, advocating for a future where bitcoin mining is not only profitable but also sustainable and innovative. His insights offer a roadmap for the industry's evolution, emphasizing the need for decentralization, global expansion, and a deep commitment to environmental responsibility.
**Table Of Content**
- Decentralization and Global Expansion
- Tackling the Challenges Head-On
- Stranded Energy and Clean Tech Innovations
- Heat Harvesting and Strategic Partnerships
- Reshaping the Energy Landscape
- The Economics of Sustainability
- The Digital Age of Green Energy
- Conclusion
- FAQs
**Decentralization and Global Expansion**
The concept of decentralization is foundational to the ethos of bitcoin, and Thiel's approach to mining is no exception. Despite Marathon's status as one of the largest publicly-traded bitcoin mining companies, Thiel is quick to point out that they contribute to less than 5% of the network's total hash rate. This modest share underscores the decentralized nature of the industry and the vast potential for growth and expansion.
Under Thiel's leadership, Marathon is not content with maintaining the status quo. The company is actively seeking to broaden its horizons, exploring opportunities beyond the American landscape. Thiel's vision is global, recognizing the strategic importance of diversifying mining operations to mitigate risks and capitalize on international markets.
The push for global expansion is not just about increasing Marathon's footprint; it's about integrating renewable energy into the core of mining operations. Thiel is a proponent of leveraging the world's natural resources, such as solar, wind, and hydroelectric power, to fuel the next generation of bitcoin mining. This approach not only reduces the environmental impact but also aligns with the growing demand for sustainable practices in all sectors of the economy.
**Tackling the Challenges Head-On**
The journey toward sustainable innovation is fraught with challenges, and the bitcoin mining industry is no exception. Thiel is candid about the obstacles facing miners today, including the fierce competition for bitcoin rewards. As more players enter the field, the fight for a slice of the bitcoin pie becomes increasingly difficult, compressing profit margins and forcing miners to optimize their operations.
The upcoming halving event, a pre-programmed reduction in bitcoin rewards that occurs approximately every four years, adds another layer of complexity to the industry's economic landscape. Thiel predicts that this event will catalyze a significant shift in the industry, leading to the consolidation of mining power among a few dominant global players. Smaller mining operations may find it challenging to compete, potentially pivoting to specialized roles within the ecosystem.
**Stranded Energy and Clean Tech Innovations**
One of the most innovative concepts Thiel discusses is the utilization of "stranded energy" for bitcoin mining. Stranded energy refers to power that is generated but not used, often because it is too remote or too inconsistent to be incorporated into the traditional energy grid. By harnessing this otherwise wasted energy, bitcoin miners can reduce their environmental footprint and turn a potential liability into a valuable asset.
Thiel is particularly interested in the potential for capturing methane emissions from landfills and converting them into energy for mining. Methane is a potent greenhouse gas, and its capture and use not only mitigate environmental harm but also provide a cost-effective energy source for miners. This symbiotic relationship between waste management and bitcoin mining is a prime example of the innovative thinking that Thiel brings to the table.
The heat generated by mining equipment is another area ripe for innovation. Typically seen as a byproduct to be cooled and dissipated, Thiel envisions this heat being repurposed for agricultural use, such as heating greenhouses, or industrial processes, like drying lumber. These applications could create new revenue streams for miners and contribute to a more circular economy.
**Heat Harvesting and Strategic Partnerships**
The innovative use of excess heat from mining operations is just one example of the creative solutions being explored under Thiel's leadership. He envisions a future where the byproducts of mining contribute to other sectors, creating a more integrated and efficient industrial ecosystem.
Marathon's strategic partnerships are a testament to this vision. In Texas and North Dakota, the company is pioneering the use of wind energy that would otherwise be unutilized due to grid limitations. These initiatives not only bolster Marathon's commitment to sustainability but also demonstrate the potential for renewable energy to power large-scale mining operations.
Thiel also highlights collaborations with landfill owners, aiming to convert methane gas into a power source for mining. These partnerships are a win-win, reducing greenhouse gas emissions while providing a steady energy supply for Marathon's mining activities.
**Reshaping the Energy Landscape**
The strategic partnerships that Thiel fosters are not just about securing energy sources; they are about reimagining the energy landscape itself. By aligning with energy producers and innovators, Marathon is at the forefront of creating a new paradigm where energy production and consumption are balanced in a closed-loop system. This system not only powers the mining operations but also contributes to the stability and sustainability of local energy grids.
Thiel's vision extends to the creation of commodity markets centered around bitcoin mining. He sees a future where energy, particularly renewable energy, is traded with bitcoin mining as a key driver. This could lead to more efficient markets, where energy is not wasted but used as a strategic asset to secure the blockchain network.
**The Economics of Sustainability**
The economics of bitcoin mining are complex and often volatile. Thiel understands that for Marathon to remain competitive, it must not only innovate in terms of technology but also in its business model. The company's focus on sustainability is not just an ethical choice but an economic strategy. By reducing reliance on traditional energy sources and minimizing environmental impact, Marathon is positioning itself to be resilient against regulatory changes and shifts in public sentiment.
Thiel's approach to the economics of sustainability involves a long-term perspective. He is preparing for a future where the cost of energy and the impact of carbon emissions are likely to be significant factors in the profitability of mining operations. By investing in renewable energy and carbon reduction technologies now, Marathon is future-proofing its operations.
**The Digital Age of Green Energy**
As the conversation with Nelson concluded, it became clear that Thiel's vision for bitcoin mining is about more than just securing digital assets; it's about securing a sustainable future. The industry is at a pivotal moment, with the potential to lead the way in green energy utilization and innovation.
Bitcoin mining, in Thiel's view, is not just an industry but a catalyst for change. It has the potential to drive the adoption of renewable energy, to create new markets for stranded energy, and to foster a more sustainable approach to energy consumption worldwide.
**Conclusion**
Fred Thiel's journey in sustainable innovation within bitcoin mining is a testament to the transformative power of visionary leadership. His approach goes beyond the conventional scope of cryptocurrency mining, challenging the industry to rethink its relationship with energy and the environment.
Under Thiel's guidance, Marathon Digital Holdings is not just mining for bitcoin; it's mining for a better future. By embracing decentralization, tackling industry challenges with foresight, innovating with stranded energy, and forming strategic partnerships, Marathon is paving the way for a more sustainable and economically viable mining industry.
**FAQs**
**Who is Fred Thiel?**
Fred Thiel is the CEO of Marathon Digital Holdings, one of the largest publicly-traded bitcoin mining companies.
**What is Marathon Digital Holdings' approach to bitcoin mining?**
Marathon emphasizes sustainable and innovative mining practices, focusing on decentralization, global expansion, and renewable energy sources.
**What challenges does bitcoin mining face according to Thiel?**
Thiel notes competition for bitcoin rewards, tightening margins, and the impact of reward halving events as significant challenges.
**How is Marathon Digital Holdings addressing environmental concerns?**
The company is pioneering the use of stranded energy, such as methane from landfills, and harnessing excess heat from mining operations for other industrial uses.
**What are the economic benefits of sustainable mining practices?**
Sustainable practices can lead to reduced operational costs, resilience against regulatory changes, and a positive public perception, which can be economically beneficial.
**That's all for today**
**If you want more, be sure to follow us on:**
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*DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.*
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@ 5d4b6c8d:8a1c1ee3
2025-01-24 00:08:49
@grayruby and I wanted to do some Jokic appreciation, since he isn't going to be MVP this year, despite having one of the best seasons in NBA history.
Here's my case for Jokic being the best player in NBA history.
Jokic is averaging 30/13/10 while shooting damn near 50% from 3.
### Context
Some reference points to add context to those figures
- Shaq never averaged that many points in a single season, despite being considered the most dominant scoring big of all time by many people.
- Steph has never shot as high of a percentage from 3, despite being universally recognized as the best shooter of all time.
- Dirk never matched any of those four numbers in any season, despite being considered the best stretch-big ever.
- Neither Duncan nor Robinson ever averaged that many rebounds.
- Neither Jerry West nor Bob Cousy ever averaged so many assists.
### Best of the best
Looking at the best seasons ever played, as measured by Win Shares per 48 minutes, Jokic is currently having the second best season ever. Only Kareem's legendary 71-72 season is higher.
The best 20 seasons are accounted for by just 9 players:
- 5 are from Jokic
- 4 from Lebron
- 3 for Kareem
- 3 for Jordan
- 1 for Wilt
- 1 for Steph
- 1 for Durant
- 1 for Robinson
- 1 for SGA
Jokic does winning basketball stuff at a higher rate than anyone but Kareem and he's already done it more often than Kareem, despite still having several years left in his prime.
### Scalable Skills
Jokic, like most of those other top players, is an elite scorer. However, what's so special about him is how scalable his skills are.
Being a dominant scorer is one of the least scalable skills: as in, there are steeply diminishing marginal returns to adding elite scorers to NBA rosters (there's only one ball, after all).
Shooting, passing, and rebounding are highly scalable. Shooting ability improves offensive spacing, making life easier for teammates. Passing generates better scoring opportunities for teammates. Rebounding is a team effort.
Because Jokic is so great at the most scalable skills, it's relatively easy to build a great roster around him. Lots of different kinds of players thrive, because he can make up for almost any shortcomings they might have. This is why he's the only NBA Champion who had zero All Star or All Defense teammates.
### Conclusion
When we consider the totality of what it means to be good at basketball, it would be hard to argue that someone else has ever been better at it than The Joker.
originally posted at https://stacker.news/items/861853
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@ 434f9799:2d548c15
2025-01-23 23:15:34
**如果你在乎你网上的内容, 请为它们附上版权声明. 如果你在共享你的内容, 请表明你的意图. 否则不要抱怨别人为何不按你的意愿使用, 因为你从没有表明过它.**
同样身为创作者, 但还没有能自诩 "艺术家" 的程度, 从自己生产内容然后公开的开始就是希望被別人看到自己的作品, 并且要让别人知道「这是我创造的东西」, 然后才会有原创, 抄袭和借鉴的争论.
我是从最开始也是从 UGC 平台上逐渐转移到拥有自己 "平台" (从博客开始) 的人, 当时只为了追求所谓「自由」, 自己想写什么就写什么, 这是我的博客凭什么你来指指点点? 然后逐渐意识到当自己的身份从创作者用户过渡到创作者平台, 必须要考虑的事情就会变多, 这也是权利和义务的无条件对等结果, 我自己一个人就要成为平台. 到这时, 能对我指指点点人只会变得更多, 体量只会更大, 范围也会扩大到全世界, 因为这是互联网. 那么生活在在 UGC 平台的人难道就没有这个烦恼吗? 不是的, 只不过是平台已经帮我做了决定, 因为我必须同意他们的使用政策和隐私协议我才能使用, 包括其中顺带同意的版权声明.
作为小到自己都不想称之为一个 "平台" 的独立博客, 也要用自己身为平台应该要做的事情, 我的博客用户是谁? 是所有能够访问到我的博客的人, 机器人甚至伪装为人的机器人.
---
所以我需要:
- 如果我用了 Google Analytics 而我如果要面向的用户当地存在个人数据法, 那就要加上一个 cookie 知情确认通知.
- 如果有机器人来我的博客, 而我不想让它们进来, 那我应该声明 robots.txt.
- 如果我的用户, 我的读者希望能够轻松自如地帮我分享内容而不用时时刻刻都向我发消息确认转发请求, 那么我应该声明版权许可, 那至少也是 CC-BY 的等级.
- 如果我不希望我的内容在沒有许可的情况下被复制, 被重新演绎, 被用作商业用途盈利; 要么实行事后责任制, 请一个版权律师和版权机器人帮我给这些讨厌的东西发律师函, 发给对方的 ASN 管理员, DNS 解析服务器管理员, 域名管理局或者其他所有为它提供基础设施服务的服务商, 期盼他们能够遵守「自己的」法律.
- 如果我不希望某些用户访问我的博客, 我需要使用 WAF 屏蔽他们.
但可惜, 这互联网上最著名的版权法案 DMCA 也存在 "合理使用" 裁定, 各国各地对互联网著作权的处理也不尽相同, 如此大费周章并不能就让所有我想要不能使用我内容的人放弃使用我的内容. 那么真的没有办法了?
没有问题, 还可以同时实行事前责任制, 因为我还有 DRM, 也就是数字版权管理. 我能自己购买, 租用甚至自己开发一套版权管理系统, 只有在我的平台上才能看到我的内容, 别人想要复制我的内容会变得无比艰难, 但也只止步于 "无比艰难" 而已.
我作为平台, 需要这么努力吗? 或者说有必要这么麻烦吗? 手段的升级只会消耗更多的时间和金钱, 我只是一个小小的独立博客, 我只能用上 CC 和 robots.txt, 最多给内容加点水印. 我只是想保护我的内容而已, OpenAI 一众很可能已经在不知不觉中掠夺过我的东西了, 治不了大公司还治不了你吗?!
恭喜你, 你已经拥有成为一个平台的觉悟了.
## 说点实际的
我能在此如此大放厥词完全因为我实际拥有这个博客, 不用担心我会因为一两句话就破坏某些平台的狗屁 "社区守则" 乃至它们左右摇摆的政治立场, 没有别的意思, 这里的「政治」只不过是对于这些平台在社会中所扮演角色的简称.
如果你同意我说的, 那么下面是作为多个「独立平台」管理员**对平台管理员的一些建议**:
1. **如果你愿意为你的内容负责, 请至少为你的独立平台附上版权声明, 哪怕是在页脚加一个 "Copyright © CC-BY" 甚至 "Copyright © All rights reserved".** 当然前提是你的内容全部出自你的手, 或者你的平台有其他用户并且他们同意你的声明.
2. **如果你希望或者不希望被机器人或者某些机器人自动抓取内容, 请为你的独立平台添加 robots.txt.** 所有的机器人都能声称自己是真实的用户代理(User-Agent), 在如今的互联网上, 所有人都默认在没有 robots.txt 声明的情况下机器人可以随意进出你的平台, 尝试获取你的平台内容.
如果你已经是平台内的用户了, 或者你的独立平台需要使用其他平台的内容, **以下对于内容创作者的建议**:
1. **不要尝试使用任何没有版权声明的平台里的实际内容.** 它们比 "保留所有权利" 甚至带有 DRM 的内容更加不确定, 因为它们的创作者不愿意主动表露自己对他人使用自己内容的意图. 除非你愿意到处查找内容创作者或者平台的联系方式, 然后联系上他们请求使用他们的东西. 当然, 直接不使用实际内容就行了, 你可以引用来源乃至完全重新演绎它们, 就像 ChatGPT 一样.
2. **好好阅读平台的版权声明, 使用许可和隐私政策, 大多数时候你的东西是不是你的取决于平台而不是你, 甚至包括你的隐私.** 实际上, 我们处于社会化状态下是被动着去使用某些平台, 要么你说服别人或者强迫别人去使用你想用的平台, 而这又对于追求「人人平等」的现代社会是不可接受的, 除非这种对等关系被打破. 知悉这些条款并且在乎自己内容的创作者能够控制自己可以在这里产生什么东西, 或者是在平台上借助自己的内容和平台达成交易换取自己想要的东西.
## 结语
创作者或者是艺术家的世界对于版权这种事情看起来很在乎, 但实际上没有几个人是亲自去执行的, 大多都是依附于创作平台或者版权公司, 让它们代行自己的权利, 让自己能够专心于创作, 然后拿到自己想要的.
然而在计算机和互联网融合的世界, 构建这个数字世界的 "艺术家" 们早就已经发起了一场颠覆这种局面的政治运动, 名字叫作 "开源", 赋予开源权利的许可叫做 "开源许可", 成就他们理想的叫做 "自由软件", 自由软件基金会和 GPL 许可证由此诞生, 始于 1989 年.
而现实世界的艺术家们呢? 他们创作文学, 绘画, 音乐乃至影片在互联网上获得全世界范围的传播, 但可惜依旧遵守着老一套的规矩, 把自己的作品交给平台, 交给公司管理. 自由软件基金会诞生后的 12 年, 知识共享(Creative Commons, CC)才出现在互联网. 那么在这之前的 12 年间, 互联网上的艺术家们生产的内容难道都是默认公共领域的吗? 我想更多是即使想要保留部分权利但根本没有意识到要声明自己的意图.
而二十多年后的今天, 依旧如此. "书呆子" 程序员无人不知开源, 知道自己的创造的东西需要让别人知道自己的作品能够被如何使用, 即使是 "Copyleft", 是 "All rights reversed" 放弃了全部权利, 也是知道自己一开始就有权利可以对自己的东西这么做.
而那些迷失在意识洪流中的疯狂艺术家们, 对待自己的作品如何被别人使用上还是模棱两可, 暧昧不清. 即使是 CC 和 robots.txt 也都是可有可无地充满艺术感, 他们确实在乎自己的作品, 但是更在乎自己.
> PS: 本文属一时兴起一笔写完, 可能有很多奇怪的地方, 如果需要转载, 请首先遵守本站/账户的版权许可. 欢迎指正和纠错.
## 封面
![本文封面](https://images.unsplash.com/photo-1455390582262-044cdead277a?q=80&w=2573&auto=format&fit=crop&ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D)
> Photo by [Aaron Burden](https://unsplash.com/@aaronburden?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/fountain-pen-on-black-lined-paper-y02jEX_B0O0?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash)
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@ 0d97beae:c5274a14
2025-01-23 21:05:12
> History is written by the victor.
There is very little we can **know** about our history. We can have written literature and physical evidence, yet it is rarely possible to know the facts of something without having been there at the time. Even in the court of law, testimonies can be falsified, evidence can be misinterpreted, and stories can be spun to provide an alternative account of events.
In a world where history is shaped by perspective and bias, it might seem impossible to ever construct an account of events that is entirely free from distortion; not without a central arbiter who is **entrusted** to preserve the truth. We often rely on records of agreements to help settle disputes; however, as the degree of risk increases - such as when purchasing a house, for example - we need to involve licensed third parties who can be trusted to keep and preserve a historical record of our agreements, ensuring that penalties can be enforced if either party breaks the terms therein.
Of course, these agreements are often still vague enough to allow for re-interpretation, and, with enough corruption, nothing prevents the very institutions that were supposed to protect the sanctity of the agreement from altering the records. Fortunately, the system has worked well and has served its purpose truthfully most of the time.
## Relating back to Bitcoin
Bitcoin is able to do something remarkable: it can create a historical record of events that cannot be altered or revised in any way. However, it does not solve the problem of people and institutions re-interpreting records or choosing not to apply enforcement; this technology cannot be used to replace any and everything, it has a very specific use case. Bitcoin is designed to capture transaction records and enforce the criteria that they must meet before accepting them. They enforce that they do not inflate the supply of bitcoin units, and that they have included all of the necessary information required to be fully verifiable.
As well as enforcing transaction rules strictly, Bitcoin uses a process to fossilise these records into history through two core technical innovations: "proof of work" and "difficulty adjustment". Proof of work introduces the cost of energy, while difficulty adjustment enforces the cost of time. Together, Bitcoin effectively uses time and energy to ensure that history can never be rewritten.
To break it down a bit more, people can still create alternative chains of events, but each candidate must include the relevant time and energy data to make comparisons possible. Additionally, the "proof of work" technology ensures that the energy data is impossible to fabricate. The chain that has clearly spent the most time and energy will stand out immediately, meaning the chain produced by the largest global community will always emerge as the victor, without the need for inconclusive debates or corruptible authority figures to make the call.
> The magic lies in how data produced by Bitcoin is <u>**fully self verifiable**</u>.
> It is not just the transaction data that can be verified, it is the complete historical order of events that were observed and fossilised in real-time through a fair and neutral, yet irreversible process.
## Why we run Bitcoin nodes
Bitcoin does not run by itself. Beyond needing users to create and submit transactions, it also requires people to provide energy for its proof of work, and it requires people to participate by collecting, verifying, and storing the information in as many places as possible, all around the world.
If Bitcoin had an Achilles' heel, it would be the loss of its recorded data. If the data were lost, then there would be nothing to stop an alternative set of records from taking its place and rewriting history. By running a node, we ensure that there are plentiful copies of this data.
From a self-serving perspective, running a Bitcoin node ensures that we are always able to access first-hand data about the state of Bitcoin and our wallets. If we rely on third parties to inform us of this information, we introduce a layer of risk and place our trust in someone else. If that trust is abused, we could be fooled into believing we have received bitcoin when in fact this was not the case. While a Bitcoin node does collect its data from online sources, since it collects data from multiple sources and it is able to validate and identify any discrepant data, it is more likely to provide you with the latest and most accurate information available.
We also help in situations where connectivity is limited, such as the time when Australia was cut off from the world wide internet for some time. In this case, users in Australia were inconvenienced for some time:
1. With limited connectivity, miners in Australia could not share their work quickly enough to compete effectively with the greater global network.
2. Users might see their transactions remain unconfirmed for longer periods of time.
3. Users may even see their transactions transition from confirmed to unconfirmed as nodes struggle to keep up with the chain of events being agreed upon by the greater network.
By operating a node in Australia, you were helping to link and share data in real-time with the rest of the network, and if you had a connection to the greater network, you would be helping to bridge the connection.
Once the internet was restored, your node would help to keep track of all the unconfirmed transactions in your country and share them with the greater global network so that they can be processed.
> It should be noted that Bitcoin network does not need any sort of manual intervention to come to a shared agreement about the legitimate chain of events and continue operating as normal.
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@ f4db5270:3c74e0d0
2025-01-23 18:09:14
Hi Art lover! 🎨🫂💜
You may not know it yet but all of the following paintings are available in #Bitcoin on my website: https://isolabell.art/#shop
For info and prices write to me in DM and we will find a good deal! 🤝
![image]( https://creatr.nostr.wine/creator/content/fb199651-d777-42d5-9fc6-ad14d741a0ee.jpg)
ON THE ROAD AGAIN
40x50cm, Oil on canvas
Completed January 23, 2025
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![image]( https://creatr.nostr.wine/creator/content/ac1f5c7b-622c-42c7-926f-d3799d8bd9b2.jpg)
SUN OF JANUARY
40x50cm, Oil on canvas
Completed January 14, 2025
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![image]( https://creatr.nostr.wine/creator/content/30fc007c-9f1f-484e-8166-ec44f7445a27.jpg)
THE BLUE HOUR
40x50cm, Oil on canvas
Completed December 14, 2024
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![image]( https://creatr.nostr.wine/creator/content/472f7a18-a558-4e2c-9c84-6a7789c3ecc6.jpg)
LIKE A FRAGMENT OF ETERNITY
50x40cm, Oil on canvas
Completed December 01, 2024
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![image]( https://creatr.nostr.wine/creator/content/9c820dee-4070-4aa9-98d7-3f3b48a5c9ba.jpg)
WHERE WINTER WHISPERS
50x40cm, Oil on canvas
Completed November 07, 2024
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![image]( https://creatr.nostr.wine/creator/content/bbacb8b4-cd4f-43c8-b713-f779d2c1ed44.jpg)
L'ATTESA DI UN MOMENTO
40x40cm, Oil on canvas
Completed October 29, 2024
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![image]( https://creatr.nostr.wine/creator/content/3a3d69d5-d64a-4a80-8dfb-86394929f0ca.jpg)
LE COSE CHE PENSANO
40x50cm, Oil on paper
Completed October 05, 2024
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![image]( https://creatr.nostr.wine/creator/content/9a1b741e-2cac-4737-8ec5-b2ee6cc29c08.jpg)
TWILIGHT'S RIVER
50x40cm, Oil on canvas
Completed September 17, 2024
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![image]( https://creatr.nostr.wine/creator/content/0d248422-1a3f-4747-8d88-570e8879c9e6.jpg)
GOLD ON THE OCEAN
40x50cm, Oil on paper
Completed September 08, 2024
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![image]( https://creatr.nostr.wine/creator/content/5a1e2613-68fa-4839-9899-3da18d83fdd6.jpg)
SUSSURRI DI CIELO E MARE
50x40cm, Oil on paper
Completed September 05, 2024
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![image]( https://creatr.nostr.wine/creator/content/3135c4ce-e320-4666-af17-bd3189abd304.jpg)
THE END OF A WONDERFUL WEEKEND
40x30cm, Oil on board
Completed August 12, 2024
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![image]( https://creatr.nostr.wine/creator/content/7bab4b68-bfa8-40f2-88f5-4af628c2c312.jpg)
FIAMME NEL CIELO
60x35cm, Oil on board
Completed July 28, 2024
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![image]( https://creatr.nostr.wine/creator/content/50160f89-3aa3-4772-b1a9-6ec5711a0654.jpg)
INIZIO D'ESTATE
50x40cm, Oil on cradled wood panel
Completed July 13, 2024
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![image]( https://creatr.nostr.wine/creator/content/bffdc8b7-c08e-4171-b094-d050a8fc6ad0.jpg)
OMBRE DELLA SERA
50x40cm, Oil on cradled wood panel
Completed June 16, 2024
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![image]( https://creatr.nostr.wine/creator/content/e23250be-f472-4ea1-baa9-94349b601b8f.jpg)
NEW ZEALAND SUNSET
80x60cm, Oil on canvas board
Completed May 28, 2024
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![image]( https://creatr.nostr.wine/creator/content/716052c8-c9f9-437c-8ae8-330f631d51a5.jpg)
VENICE
50x40cm, Oil on board
Completed May 4, 2024
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![image]( https://creatr.nostr.wine/creator/content/f8a06fc7-9c77-4f0d-b8ac-4f46d0cc8488.jpg)
CORNWALL
50x40cm, Oil on board
Completed April 26, 2024
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![image]( https://creatr.nostr.wine/creator/content/d78f1619-11fa-4fb5-aa43-8769bb5084e4.jpg)
DOCKS ON SUNSET
40x19,5cm, Oil on board
Completed March 14, 2024
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![image]( https://creatr.nostr.wine/creator/content/0c0eb818-9601-488b-867c-5526a8446a2e.jpg)
SOLITUDE
30x30cm, Oil on cradled wood panel
Completed March 2, 2024
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![image]( https://creatr.nostr.wine/creator/content/4915dc0e-ff50-42bd-a4f7-a4cfc66f8630.jpg)
LULLING WAVES
40x30cm, Oil on cradled wood panel
Completed January 14, 2024
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![image]( https://creatr.nostr.wine/creator/content/7695eceb-7ed3-4847-94c6-7afc192350e8.jpg)
MULATTIERA IN AUTUNNO
30x30cm, Oil on cradled wood panel
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![image]( https://creatr.nostr.wine/creator/content/b2580c26-d829-42c5-b9c1-a4a99f644962.jpg)
TRAMONTO A KOS
40x40cm, oil on board canvas
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![image]( https://creatr.nostr.wine/creator/content/492f457c-8d3a-4489-add7-b02c8d4da230.jpg)
HIDDEN SMILE
40x40cm, oil on board
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![image]( https://creatr.nostr.wine/creator/content/478bf732-5b80-42bc-9b90-8e9810ce090c.jpg)
INIZIO D'AUTUNNO
40x40cm, oil on canvas
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![image]( https://creatr.nostr.wine/creator/content/6659598c-a3ea-41ce-8e81-ca23a464a67c.jpg)
BOE NEL LAGO
30x30cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/73925958-0e0b-4b12-a3e4-dc875c3eff23.jpg)
BARCHE A RIPOSO
40x40cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/f24b1642-d984-46cf-9cc6-f435f87393e1.jpg)
IL RISVEGLIO
30x40cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/6220962b-aa93-46e8-a7cb-1210da896df8.jpg)
LA QUIETE PRIMA DELLA TEMPESTA
30x40cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/25316d4a-9d43-41b5-a22c-cd2c498df9d2.jpg)
LAMPIONE SUL LAGO
30x30cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/e06d6065-2f87-485d-bb37-54bad2ee89c8.jpg)
DUE NELLA NEVE
60x25cm, oil on board
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![image]( https://creatr.nostr.wine/creator/content/1233470b-ac84-4666-80e0-772120430a0c.jpg)
UNA CAREZZA
30x30cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/c258597c-e696-4153-ad36-2c79376eba81.jpg)
REBEL WAVES
44x32cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/0e58f55e-ed57-464f-8f9c-5a0763dcd355.jpg)
THE SCREAMING WAVE
40x30cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/be910736-a650-440d-88e5-1f4f0bac0611.jpg)
"LA DONZELLETTA VIEN DALLA CAMPAGNA..."
30x40cm, oil on canvas board
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![image]( https://creatr.nostr.wine/creator/content/3795dec4-8d44-4988-b6ad-588b50f36617.jpg)
LIGHTHOUSE ON WHITE CLIFF
30x40cm, oil on canvas board
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![](/static/nostr-icon-purple-64x64.png)
@ 378562cd:a6fc6773
2025-01-23 17:57:13
**Top USA News**
1. **President Trump Threatens Tariffs on Non-U.S. Manufacturers**In a speech at the World Economic Forum in Davos, President Donald Trump announced plans to impose tariffs on companies that do not manufacture their products in the United States, aiming to boost domestic production.
[The Guardian](https://www.theguardian.com/us-news/live/2025/jan/23/donald-trump-pardons-january-6-us-president-joe-biden-jd-vance-republicans-live-news?utm_source=chatgpt.com)
2. **Historic Winter Storm Sweeps Across Southern U.S**.A severe winter storm has blanketed the southern United States with snow and freezing temperatures, leading to widespread power outages and hazardous travel conditions.
[WSJ](https://www.wsj.com/news/archive/2025/01/23?utm_source=chatgpt.com)
3. **Trump Administration Orders Federal DEI Staff on Leave**The Trump administration has directed all federal employees working in Diversity, Equity, and Inclusion (DEI) programs to be placed on paid leave, with plans to dismiss all DEI program employees by January 31.
[The Guardian](https://www.theguardian.com/us-news/live/2025/jan/22/donald-trump-china-sanctions-tariff-diversity-us-politics-live-latest-news?utm_source=chatgpt.com)
4. **U.S. Stock Futures Mixed After Tech-Driven Rally**Following a tech-fueled rise, U.S. stock futures show mixed results. The S&P 500 futures dipped slightly after nearing record highs, while Nasdaq futures declined by 0.5%, and Dow Jones futures saw a slight increase.
[Investopedia](https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-january-23-2025-8778964?utm_source=chatgpt.com)
5. **Trump Pardons January 6 Capitol Rioters**President Trump has issued pardons for individuals convicted in relation to the January 6 Capitol riot, a move that has sparked controversy and debate across the political spectrum.
[The Guardian](https://www.theguardian.com/us-news/live/2025/jan/23/donald-trump-pardons-january-6-us-president-joe-biden-jd-vance-republicans-live-news?utm_source=chatgpt.com)
6. **California Wildfires Cause Extensive Damage**Ongoing wildfires in Los Angeles County are causing significant destruction, with estimated damages exceeding $135 billion. Governor Gavin Newsom warns that these could become the worst natural disaster in American history.
[Wikipedia](https://en.wikipedia.org/wiki/Portal%3ACurrent_events/January_2025?utm_source=chatgpt.com)
7. **President Trump Withdraws U.S. from Paris Climate Agreement**In a series of executive orders, President Trump has withdrawn the United States from the Paris Climate Agreement, citing economic concerns and a focus on American energy independence.
[The Guardian](https://www.theguardian.com/us-news/live/2025/jan/21/donald-trump-inauguration-presidency-executive-orders-pardons-day-two-live-blog?utm_source=chatgpt.com)
8. **Trump Administration Re-designates Houthis as Terrorist Organization**The Trump administration has re-designated the Yemeni Houthi movement as a foreign terrorist organization, reversing a previous decision and impacting international relations in the region.
[Wikipedia](https://en.wikipedia.org/wiki/2025_in_the_United_States?utm_source=chatgpt.com)
9. **President Trump Announces $500 Billion AI Investment**President Trump, alongside tech executives, has announced a $500 billion investment in artificial intelligence infrastructure, aiming to bolster the United States' position in the global tech industry.
[WSJ](https://www.wsj.com/news/archive/2025/01/23?utm_source=chatgpt.com)
10. **ChatGPT Experiences Large-Scale Outage**A significant outage of the AI tool ChatGPT has been reported, affecting users worldwide. The cause of the disruption is under investigation.
[Wikipedia](https://en.wikipedia.org/wiki/2025_in_the_United_Kingdom?utm_source=chatgpt.com)
**Top International News**
1. **Israeli Military Conducts Extensive Raid in Jenin**The Israeli military launched a significant operation in Jenin, resulting in at least 10 Palestinian deaths and numerous injuries. The raid, named "Iron Wall," involved airstrikes and ground forces, escalating tensions in the West Bank.
[The Guardian](https://www.theguardian.com/world/2025/jan/23/first-edition-west-bank-settlers-israel-military?utm_source=chatgpt.com)
2. **Micheál Martin Appointed as Irish Taoiseach**Micheál Martin has been confirmed as Ireland's new Taoiseach following a day of delays and disagreements in the Irish parliament. His immediate focus includes forming his cabinet and addressing Ireland's housing crisis.
[The Guardian](https://www.theguardian.com/world/live/2025/jan/23/europe-dail-micheal-martin-rows-ireland-weather-storm-eowyn-latest-updates?utm_source=chatgpt.com)
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![](/static/nostr-icon-purple-64x64.png)
@ fd208ee8:0fd927c1
2025-01-23 15:31:24
## Planning Alexandria
People keep asking what features nostr:npub1s3ht77dq4zqnya8vjun5jp3p44pr794ru36d0ltxu65chljw8xjqd975wz has planned for #Alexandria, but they're not set in stone because we're an agile project.
What we do have, is lots of tickets on our Kanban boards and a naming scheme, where we use a famous person's last name, to signify the release goals.
![Gutenberg](https://upload.wikimedia.org/wikipedia/commons/thumb/3/33/Gutenberg.jpg/640px-Gutenberg.jpg)
### Gutenberg v 0.1.0
(after the inventor of the printing press)
will contain the features needed to read and write [NIP-62 Curated Publications](https://github.com/nostr-protocol/nips/pull/1600), as well as encompassing the complex infrastructure, architecture, documentation, and personnel we require to make this all run smoothly and look easy.
![Euler](https://upload.wikimedia.org/wikipedia/commons/f/f9/Leonhard_Euler_-_Jakob_Emanuel_Handmann_%28Kunstmuseum_Basel%29.jpg)
### Euler v 0.2.0
(after a mathematician credited with establishing graph theory)
will contain the features for deep-searching, visually exploring, and smartly navigating the data set, wiki page display, annotating and citing the publications, exporting to other formats (like PDF, ePUB, and LaTeX), and commenting/reviewing. To help with the heavy lifting, we will be swapping out the core with our own Nostr SDK called "Aedile".
![Defoe](https://upload.wikimedia.org/wikipedia/commons/7/78/Daniel_Defoe_1706.jpg)
### Defoe v 0.3.0
(after an author who perfected the novel format)
will be all about our favorite writers. We will be focusing upon profile data, payment systems, book clubs and communities, and stylesheets.
That is everything we have planned, for the v1.0 edition, and we consider that version to be a true product.
As for after that, a teaser...
![Hildegard](https://media04.meinekirchenzeitung.at/article/2011/11/27/2/30892_L.jpg)
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![](/static/nostr-icon-purple-64x64.png)
@ a012dc82:6458a70d
2025-01-23 14:50:29
The financial world has been abuzz with the concept of Bitcoin ETFs, a development that promises to blend the cutting-edge world of cryptocurrencies with the traditional investment landscape. The allure of Bitcoin ETFs lies in their potential to demystify the process of investing in digital currencies. For the average investor, navigating the cryptocurrency market can be daunting, with concerns ranging from wallet security to the complexities of exchange platforms. ETFs offer a solution by packaging Bitcoin into a familiar form that can be traded with the ease of stocks, bypassing the technical barriers that might deter traditional investors.
**Table Of Content**
- The Significance of BlackRock's Interest
- The Bridge to Mainstream Investment
- Regulatory Hurdles and Market Manipulation Concerns
- The Race to Launch the First Bitcoin ETF
- The Psychology of Demand
- Conclusion
- FAQs
**The Significance of BlackRock's Interest**
The interest of BlackRock, the world's largest asset manager, in launching a Bitcoin ETF is a significant endorsement for the cryptocurrency sector. BlackRock's move is not merely about launching a new product; it's a signal that the firm recognizes the long-term value proposition of cryptocurrencies. The implications of BlackRock's involvement are profound, as it could lead to a domino effect, with other institutional investors following suit.
BlackRock's entry into the Bitcoin space could also serve as a catalyst for regulatory clarity. As regulators see established financial institutions embracing cryptocurrencies, they may be more inclined to provide the necessary frameworks for these assets to thrive. This could lead to a virtuous cycle, where regulatory clarity leads to more institutional involvement, which in turn could lead to further regulatory advancements.
**The Bridge to Mainstream Investment**
The creation of a spot market Bitcoin ETF represents a pivotal bridge between the innovative world of cryptocurrencies and traditional financial markets. Such an ETF would provide a regulated, accessible, and efficient means for investors to gain exposure to Bitcoin, potentially unlocking billions of dollars of sidelined capital. The bridge metaphor is apt because it conveys the transformative potential of Bitcoin ETFs to connect disparate financial realms, facilitating a flow of capital that could stabilize and mature the cryptocurrency market.
The bridging role of Bitcoin ETFs is particularly important for institutional investors, who often face strict regulatory and operational requirements that make direct investment in cryptocurrencies challenging. By packaging Bitcoin within the familiar structure of an ETF, these investors can participate in the growth of digital assets while adhering to their investment mandates.
**Regulatory Hurdles and Market Manipulation Concerns**
The path to Bitcoin ETF approval has been fraught with regulatory hurdles, primarily due to concerns over market manipulation and the integrity of the underlying Bitcoin market. The SEC's apprehension is rooted in the decentralized and fragmented nature of cryptocurrency exchanges, which can complicate efforts to monitor and prevent manipulative practices.
However, the recent developments with Grayscale's Bitcoin ETF application suggest a potential softening of the SEC's stance. If Grayscale's ETF can demonstrate that it has adequate measures in place to address the SEC's concerns, it could set a precedent for the approval of future Bitcoin ETFs. This would be a significant milestone, as it would acknowledge the maturation of the cryptocurrency market and its surveillance mechanisms to a level that satisfies regulatory standards.
**The Race to Launch the First Bitcoin ETF**
The race to launch the first Bitcoin ETF is not just a matter of prestige but also of strategic advantage. The first-mover in this space will capture the attention of eager investors and set the tone for the market. The competition is fierce, with several financial giants vying for the position. The outcome of this race is eagerly anticipated by the crypto community, as it will likely have a significant impact on the market's dynamics and investor sentiment.
The anticipation surrounding the first Bitcoin ETF is also a reflection of the broader crypto industry's desire for validation and growth. Approval of an ETF would be a landmark event, signaling a new level of acceptance and integration of cryptocurrencies into the financial mainstream.
**The Psychology of Demand**
The demand for Bitcoin ETFs can be partly explained by the psychological concept of scarcity, where the value of an item increases with its rarity or inaccessibility. The SEC's repeated rejections of Bitcoin ETF proposals have only heightened their desirability. This phenomenon is not unique to the crypto industry; it is a well-documented aspect of human behavior that applies across various markets and products.
The psychology of demand for Bitcoin ETFs is also driven by the narrative of crypto's journey towards acceptance. Each regulatory challenge and milestone is part of a larger story of an emerging asset class striving for legitimacy. The crypto community's response to these developments is often charged with emotion, reflecting the high stakes and deep investment many have in the future of digital assets.
**Conclusion**
The excitement surrounding Bitcoin ETFs is a complex interplay of innovation, regulation, and human psychology. It encapsulates the hopes and challenges of an industry at the cusp of broader acceptance. The eventual introduction of Bitcoin ETFs could represent a significant inflection point, potentially ushering in a new era of institutional investment and mainstream interest in cryptocurrencies.
As the narrative unfolds, the crypto community watches with bated breath, anticipating the moment when Bitcoin ETFs become a reality. This event could validate the years of advocacy, development, and belief in the transformative potential of cryptocurrencies. For now, the excitement continues to build, with each rumor, regulatory update, and market movement watched closely by those eager to witness the next chapter in the evolution of finance.
**FAQs**
**What is a Bitcoin ETF?**
A Bitcoin ETF (Exchange-Traded Fund) is a type of investment fund that tracks the price of Bitcoin and is traded on traditional stock exchanges, allowing investors to buy into Bitcoin without the complexities of handling the cryptocurrency itself.
**Why are Bitcoin ETFs important?**
Bitcoin ETFs are seen as a bridge between traditional finance and the emerging world of cryptocurrencies, offering a regulated, familiar investment vehicle for institutional and retail investors to gain exposure to Bitcoin.
**Has the SEC approved any Bitcoin ETFs?**
As of the last update, the U.S. Securities and Exchange Commission (SEC) has not approved any spot market Bitcoin ETFs, citing concerns over market manipulation and surveillance. However, futures-based Bitcoin ETFs have been approved and are being traded.
**What are the benefits of a Bitcoin ETF?**
Benefits include easier access for traditional investors, improved liquidity and price stability for Bitcoin, and the potential for increased institutional investment in the cryptocurrency space.
**What are the main concerns about Bitcoin ETFs?**
The main concerns include the potential for market manipulation, the integrity of the underlying Bitcoin market, and the adequacy of market surveillance mechanisms.
**That's all for today**
**If you want more, be sure to follow us on:**
**NOSTR: croxroad@getalby.com**
**X: Instagram: [@croxroadnews.co](https://x.com/croxroadnewsco)**
**Instagram: [@croxroadnews.co](https://www.instagram.com/croxroadnews.co/)**
**Youtube: [@croxroadnews](https://www.youtube.com/@croxroadnews)**
**Store: https://croxroad.store**
**Subscribe to CROX ROAD Bitcoin Only Daily Newsletter**
**https://www.croxroad.co/subscribe**
*DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.*
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![](/static/nostr-icon-purple-64x64.png)
@ f1989a96:bcaaf2c1
2025-01-23 14:40:18
Good morning, readers!
In Iran, officials are accused of exploiting a recent currency devaluation to profit at the public’s expense. The regime raised the rial’s official exchange rate from 550,000 to 640,000 per dollar to maximize its profit when selling the $5 billion it had withdrawn from the National Development Fund. This move effectively stole one quadrillion rials ($23 billion) from citizens, fueling inflation and devastating the public’s already-slim purchasing power.
In Nicaragua, dictator Daniel Ortega dissolved 15 more nonprofit organizations since the start of the year. This brings the total to more than 5,400 NGOs shut down since 2018. Ortega frequently uses financial repression to wield power over citizens, freezing bank accounts, seizing assets, and fabricating financial crimes to dismantle civil society groups.
In open-source software news, Solo Satoshi, a company advancing home Bitcoin mining, unveiled the Bitaxe Touch, a new home mining device designed for individuals to mine Bitcoin. It features a touch screen that displays mining metrics, network data, and Bitcoin news. Innovations like this help democratize access to mining and strengthen the overall Bitcoin network, making an especially big difference for people who wish to mine in difficult political environments. \
\
Meanwhile, Bitcoin developers are exploring rewarding mining pool participants with ecash shares. This model lets miners receive earnings instantly and trade them on open markets without revealing personal details. This could make mining more attractive for dissidents whilst helping strengthen Bitcoin’s overall decentralization.
Finally, we feature the release of Evan Mawarire’s book “*Crazy Epic Courage*,” in which the Zimbabwean pastor and activist recounts his inspiring journey of a peaceful uprising against Robert Mugabe’s dictatorship and hyperinflation. We also include a Bitkey wallet tutorial from renowned Bitcoin educator Ben Perrin, aka BTC Sessions, who walks users through setting up cold storage and best practices for safe transactions.
**Now, let’s get right to it!**
### [**SUBSCRIBE HERE**](https://mailchi.mp/hrf.org/financial-freedom-newsletter?mc_cid=bf652c0a5a)
## **GLOBAL NEWS**
#### **Iran | Regime Profiting From Currency Devaluation**
In Iran, Hossein Samsami, a member of the parliament’s economic committee, [accused](https://www.iranintl.com/en/202412254272) the government of exploiting foreign currency exchange rates to profit at the expense of ordinary citizens. The regime recently increased the rial’s official exchange rate from 550,000 to 640,000 rial per dollar — a move Samsami explained “was to sell the $5 billion it had taken from the National Development Fund at the highest price.” By manipulating the exchange rate, the regime effectively stole [one quadrillion](https://www.iranintl.com/en/202412254272) rials ($23 billion) from citizens. This deliberate devaluation will drive up inflation, deplete savings, and push basic goods further out of reach. Iran’s multi-tiered exchange rate system has long fueled [corruption](https://www.iranintl.com/en/202412254272), allowing regime insiders to profit from the gap between the artificially low official exchange rate and the higher free-market rate. To block any financial escape, the regime has tried to [close](https://x.com/sina_21st/status/1873097867625140230) onramps to Bitcoin.
#### **Nicaragua | Regime Dismantles More Nonprofit Organizations**
Since the start of 2025, the Nicaraguan regime [dissolved](https://www.catholicnewsagency.com/news/261539/nicaraguan-dictatorship-shuts-down-more-organizations-including-dominican-nuns) an additional 15 nonprofit organizations (NGOs), including Save the Children and the Dominican Nuns Foundation of Nicaragua. This latest wave of repression brings the total to more than 5,400 NGOs shut down since 2018 under dictator Daniel Ortega. Ortega uses financial repression as a weapon, freezing bank accounts, seizing assets, and fabricating financial crimes to dismantle these groups. Deprived of resources and funding, these organizations are forced to close, leaving vulnerable communities without aid. These crackdowns come as part of Ortega’s broader strategy to stifle dissent, dismantle civil society, and consolidate his grip on Nicaragua.
#### **Nigeria | Political and Bitcoin Activist Faces Regime Censorship**
James Otudor, an activist and founder of [Bitcoin Calabar](https://x.com/BitcoinCalabar), a Nigerian Bitcoin circular economy, [described](https://x.com/BitcoinCalabar/status/1879121618850779577) what he believes is a deliberate campaign to silence his Bitcoin advocacy. After filing a [lawsuit](https://cointelegraph.com/news/nigerian-activist-sues-government-protect-crypto-rights) against the Nigerian regime to defend citizens’ rights to own, use, and trade Bitcoin, Otudor was interrogated by the Department of State Security (DSS) about his funding sources and financial activities. Despite providing proof of legitimate earnings, he reports facing a series of suspicious and coordinated attacks — including the theft of his lawyers’ documents, the suspension of his social media accounts, and disruptions to his phone and internet services. These actions represent the extent to which authoritarian regimes like Nigeria will go to block financial tools that operate beyond their control.
#### **United Arab Emirates | AI Ambitions and Authoritarian Control**
The United Arab Emirates (UAE) is accelerating its bid to lead the global artificial intelligence race, with [reports](https://www.wired.com/story/uae-intelligence-chief-ai-money/) suggesting that intelligence chief Sheikh Tahnoun is in talks with the United States to acquire NVIDIA’s proprietary AI chips. At the center of this push is [G42](https://www.g42.ai/), an AI conglomerate heavily invested in data analytics, satellite imagery, and predictive surveillance. These technologies enable the UAE to expand domestic surveillance and control to suppress dissent with unprecedented precision. As an authoritarian regime with an appalling human rights record, the UAE has long used technology to surveil activists, journalists, and civil society. Now, it aims to take surveillance and repression to new heights.
#### **Uganda | Civic Group Calls for the End of Trials of Civilians in Military Courts**
On Wednesday, Jan. 15, [Agora Discourse](https://agoraug.org/), a civic group co-founded by activist and Oslo Freedom Forum speaker [Agather Atuhaire](https://x.com/AAgather), launched a [Change petition](https://www.change.org/p/uganda-s-judiciary-on-trial-stop-trial-of-civilians-in-military-courts?recruiter=945636338&recruited_by_id=9c5b5d50-5006-11e9-9b83-854a2d65fd48&utm_source=share_petition&utm_campaign=petition_dashboard&utm_medium=copylink) calling for the end of trials of civilians in military courts in Uganda. The next day, police officers harassed and roughed up Agather Atuhaire as she delivered a physical copy of the petition, addressed to Chief Justice Owinyi Dollo, at Uganda’s Supreme Court in the capital, Kampala. Alongside this physical repression, Uganda employs financial repression — [freezing the bank accounts](https://www.independent.co.ug/ngos-plead-with-government-over-frozen-bank-accounts/) of civil society organizations to diminish civilian voices and their right to association and organization. This petition aims to rally international pressure against the regime’s practice of using military courts to target dissidents. If you have a moment, please consider reviewing and [signing the petition here](https://www.change.org/p/uganda-s-judiciary-on-trial-stop-trial-of-civilians-in-military-courts?recruiter=945636338&recruited_by_id=9c5b5d50-5006-11e9-9b83-854a2d65fd48&utm_source=share_petition&utm_campaign=petition_dashboard&utm_medium=copylink).
## RECOMMENDED CONTENT
#### **“*Crazy Epic Courage*” by Evan Mawarire**
Zimbabwean pastor and activist [Evan Mawarire](https://x.com/PastorEvanLive) never set out to become a revolutionary — he simply wanted to speak the truth. But when a video of him draped in a Zimbabwean flag went viral, it ignited a nationwide movement that would challenge Robert Mugabe, one of Africa’s longest-standing autocrats and a thief who looted Zimbabwean wealth via hyperinflation. In his newly released book, “[*Crazy Epic Courage*](https://www.amazon.com/dp/B0DSTKC1RT?bestFormat=true&newOGT=1&ref_=cm_sw_r_ffobk_cp_ud_dp_RWEK741WFKHWMP9TG3YR_1&skipTwisterOG=1),” Mawarire details how an ordinary citizen can become the voice of a nation. From arrests and exile to global advocacy, his journey is a testament to risking everything for what is right. Read the full book [here](https://www.amazon.com/dp/B0DSTKC1RT?bestFormat=true&newOGT=1&ref_=cm_sw_r_ffobk_cp_ud_dp_RWEK741WFKHWMP9TG3YR_1&skipTwisterOG=1).
## BITCOIN AND FREEDOM TECH NEWS
*This week’s Bitcoin news focuses on Bitcoin mining updates. To learn more about Bitcoin mining, we recommend checking out this explainer [article](https://www.investopedia.com/tech/how-does-bitcoin-mining-work/) and [video](https://www.youtube.com/watch?v=9lBqpOGIczM).*
#### **Mostro | Implements Key Management to Boost Privacy**
[Mostro](https://mostro.network/?mc_cid=ae2c9c852f&mc_eid=UNIQID), a peer-to-peer (P2P) Bitcoin exchange built on Nostr, [introduced](https://github.com/MostroP2P/mostro/releases/tag/v0.13.0) advanced [key management](https://mostro.network/protocol/key_management.html) to improve user privacy. Created by Venezuelan developer [Francisco Calderon](https://x.com/negrunch?mc_cid=ae2c9c852f&mc_eid=UNIQID), Mostro — specifically designed to aid people under tyranny — enables individuals to buy and sell Bitcoin without sharing excessive personal information. This adds another layer of privacy critical for human rights defenders, journalists, and nonprofits operating under authoritarian regimes. As a past recipient of HRF’s [Bitcoin Development Fund](https://hrf.org/program/financial-freedom/bitcoin-development-fund/), Mostro continues to advance private Bitcoin access for those who need it most.
#### **Bitcoin Safe | New Bitcoin Wallet Designed for Non-Technical Users**
[Bitcoin Safe](https://github.com/andreasgriffin/bitcoin-safe) is a new open-source Bitcoin wallet designed to make self-custody simple even for non-technical users, something that really comes in handy for human rights activists. The wallet guides users through the setup process, with step-by-step instructions for both single-signature (where one private key is used to control your Bitcoin) and multi-signature wallets (which require multiple private keys for added security). Bitcoin Safe also includes features to manage Bitcoin efficiently, such as automatically combining unused Bitcoin (known as [Unspent Transaction Outputs](https://river.com/learn/terms/u/unspent-transaction-output-utxo/) or UTXOs), speeding up stuck transactions with fees (known as [Replace-By-Fee](https://bitcoinops.org/en/topics/replace-by-fee/) or RBF), and letting users choose specific coins to spend. With support for more than 10 languages, Bitcoin Safe can lower the barriers to self-custody.
#### **Solo Satoshi | Introduces Bitaxe Touch**
[Solo Satoshi](https://www.solosatoshi.com/), a company advancing home Bitcoin mining, [unveiled](https://www.solosatoshi.com/unveiling-the-bitaxe-touch-the-worlds-first-touchscreen-bitcoin-miner/) the Bitaxe Touch, the first Bitcoin home miner with a built-in touchscreen. Scheduled for release in early 2025, the device enables users to monitor key metrics, including Bitcoin’s price, mining performance, power consumption, incoming transactions, and real-time temperature data. It also features a Bitcoin news feed, offering a comprehensive overview of the mining experience. Built using an open-source [Bitaxe 601 Gamma](https://www.solosatoshi.com/product/bitaxe-gamma/), the Bitaxe Touch is designed to simplify Bitcoin mining for individuals. By empowering more people to mine Bitcoin independently, devices like this reduce reliance on large mining pools, strengthening Bitcoin’s decentralization and resistance to censorship.
#### **Mining Pools | Rewarding Miners with Tradeable Ecash Shares**
Bitcoin developers are [exploring](https://bitcoinops.org/en/newsletters/2025/01/17/) a new way to reward miners using tradeable “ecash shares.” In Bitcoin mining, individuals often join “mining pools” — groups of Bitcoin miners that work together to verify transactions, solve blocks, and share rewards. They do so because pooling resources increases their chances of earning Bitcoin. However, miners in these pools can wait days or weeks for payouts (depending on the pools’ payout structure), and miners often suffer violations of their privacy. With ecash shares, miners could receive their earnings immediately and sell them on an open market (without having to reveal their identity, shielding them from a dictator’s watchful eye). This system could also make it easier for small mining pools to get started and grow. Smaller pools often struggle to attract miners because payouts are uncertain. By using ecash shares, these smaller pools could temporarily operate as clients of larger ones to ensure steady income in the early stages.
#### **F2Pool | Monitoring Global Censorship Risks**
Bitcoin developer [b10c](https://b10c.me/) revealed that [F2Pool](https://www.f2pool.com/), one of Bitcoin’s largest mining pools, may be [filtering](https://b10c.me/observations/13-missing-sanctioned-transactions-2024-12/) transactions. Over the past weeks, b10c’s [miningpool-observer](https://miningpool.observer/) detected [15 transactions](https://b10c.me/observations/13-missing-sanctioned-transactions-2024-12/) from certain addresses that were not mined in the first eligible block. While all transactions were eventually confirmed — proving the Bitcoin network’s overall censorship resistance — F2Pool appears to have excluded some despite negligible fee differences, raising concerns of potential censorship. Notably, no other pools filtered these transactions, revealing the strength of this decentralized software network. However, these observations warrant ongoing monitoring so that the public understands such risks before they metastasize.
#### **Mi Primer Bitcoin | Releases 2025 Bitcoin Diploma**
[Mi Primer Bitcoin](https://es.myfirstbitcoin.io/), a nonprofit advancing open-source Bitcoin education, [released](https://github.com/MyFirstBitcoin/Bitcoin-Diploma-2025) its updated 2025 Bitcoin Diploma. This 176-page open-source workbook serves as a 10-week educational program and is used by more than 56 projects in 30 countries. The diploma covers topics like the history of money, Bitcoin’s technical and practical applications, and its implication for financial freedom and human rights. The latest edition features enhanced infographics and refined content for improved clarity. Available in multiple languages, the Bitcoin Diploma is a powerful resource for fostering financial literacy and global Bitcoin adoption and is taught by civil society groups even under dictatorships like the one in Cuba.
## RECOMMENDED CONTENT
#### **Bitkey Wallet Tutorial by BTC Sessions**
In this [tutorial](https://www.youtube.com/watch?v=ccKZDNGhK9M), renowned Bitcoin educator Ben Perrin ([BTC Sessions](https://www.youtube.com/watch?v=ccKZDNGhK9M)) demonstrates how to set up and use the [Bitkey](https://bitkey.world/) hardware wallet on a mobile device. He guides viewers through the process of storing, sending, and receiving Bitcoin, with a focus on user-friendliness and secure practices. He also reveals secret techniques to make the most out of one’s hardware wallet. Don’t miss the full tutorial — watch it [here](https://www.youtube.com/watch?v=ccKZDNGhK9M).
*If this article was forwarded to you and you enjoyed reading it, please consider subscribing to the Financial Freedom Report [here](https://mailchi.mp/hrf.org/financial-freedom-newsletter?mc_cid=bf652c0a5a).*
*Support the newsletter by donating bitcoin to HRF’s Financial Freedom program [via BTCPay](https://hrf.org/btc).*\
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-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-23 14:02:06
UTF-16 key advantages:
* **Efficiency for Many Languages:**
* It's often more space-efficient than UTF-8 for languages with many characters outside the Basic Multilingual Plane (BMP), such as many East Asian languages. These languages often have characters that require 3 bytes in UTF-8 but only 2 bytes in UTF-16.
* **Simplicity in Some Cases:**
* For many common characters, UTF-16 uses a fixed-width encoding (2 bytes), which can simplify some string processing tasks.
* **Legacy Systems:**
* UTF-16 is widely used in some operating systems (like Windows) and programming languages (like Java), making it a practical choice for compatibility.
**However, it's important to note that UTF-8 has become increasingly dominant due to its overall flexibility and efficiency:**
* **Space Efficiency for Common Languages:** For languages with predominantly Latin characters, UTF-8 is significantly more space-efficient than UTF-16.
* **Backward Compatibility:** UTF-8 is backward-compatible with ASCII, which is a crucial advantage.
* **Growing Adoption:** UTF-8 is the preferred encoding for the web and many modern systems.
**In Summary:**
While UTF-16 has its strengths, UTF-8 is generally considered more versatile and efficient in most modern scenarios. The choice between them often depends on the specific needs and characteristics of the data being handled.
-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-23 13:59:37
* **UTF-16 Encoding:** The `echo` command in a DOS environment (like the command prompt) typically defaults to writing output to a file using UTF-16 encoding.
* **Byte Order Mark (BOM):** UTF-16 uses a Byte Order Mark (BOM) at the beginning of the file to indicate the endianness (byte order) of the encoding.
* **FF FE:** This specific byte order (FF FE) signifies **little-endian** encoding, where the least significant byte of each 16-bit code unit comes first.
* **2 Coding Pairs:** In UTF-16, each character is represented by two bytes (a code unit).
**Example:**
1. **Execution:**
- Open a command prompt window.
- Type the following command:
```
echo "something" > file.txt
```
- Press Enter.
2. **File Contents:**
- The `file.txt` will be created with the following:
- **FF FE:** BOM for little-endian UTF-16.
- Two bytes representing the letter 's'.
- Two bytes representing the letter 'o'.
- And so on, for each character in "something".
**Note:**
* The specific behavior might vary slightly depending on the exact version of Windows and the regional settings.
* You can often configure the command prompt to use different encodings, such as UTF-8, if needed.
-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-23 13:56:06
**1. Byte Order Mark (BOM)**
* **FF FE:** This indicates little-endian byte order for UTF-16.
**2. Character Encoding**
* **N:** 4E 00
* **o:** 6F 00
* **s:** 73 00
* **t:** 74 00
* **r:** 72 00
**Complete Hexadecimal Representation:**
FF FE 4E 00 6F 00 73 00 74 00 72 00
This assumes little-endian byte order.
-
![](/static/nostr-icon-purple-64x64.png)
@ 10f7c7f7:f5683da9
2025-01-23 10:43:15
“Perhaps a man really dies when his brain stops, when he loses the power to take in a new idea” ([Orwell in “Coming up for Air”, 1939](https://gutenberg.net.au/ebooks02/0200031h.html))
While George Bowler enjoyed visiting a retired schoolmaster (Porteous), having had some time to reflect on his own life realised that if the old professor only ever delivered the same monologues, there really wasn’t any point in going to visit him, other than for a late-night glass of whisky and soda. The same point is also raised with bitcoin, if it is too resistant to change, uses too much electricity or takes too long to process transactions, it is a dinosaur, a relic that demonstrated digital scarcity was possible, but overtime could become outdated. While at the start of anyone’s journey down the bitcoin rabbit hole, these appear valid points to justify the newest, shiniest protocol. However, once you realise that the founding team of your beloved coin, or still worse “token”, assigned the majority of coins to themselves, you will hopefully return, cap in hand, to the mothership.
I admit, I went on that very same journey, but looking back, while some purchases were motivated by more than 5 minutes of YouTube based research, as my knowledge matured, bitcoin gradually subsumed my portfolio (well that and the [Canadian Truckers Protests](https://www.foxnews.com/world/canadian-style-trucker-protests-spread-world)). However, it was not until one of the reviewers of my first academic paper on bitcoin asked the question “*why are you only focusing on bitcoin*?”, that I really began to formulate my own answer. This early version of the paper was rejected from the conference so there was no immediate need to respond to this point, but as an academic, compared to maybe an enthusiastic keyboard warrior, taking offence to such a *no coiner* comment, I should be able to answer this question. The 4 point, 766-word response that resulted, then answered the questions of both why there is only one digital asset worth researching and for me, only one digital asset worth holding, bitcoin. Subsequently, further reviewer comments and the excessive length of the paper ultimately resulted in this section coming to rest on the cutting room floor, but what I learnt from this stayed with me. From this point, I no longer needed to trust other’s logic for why they are bitcoin only, but from a logical argument, I felt like I had verified why I had to be bitcoin only.
At the foundation of this was bitcoin’s resistance to change. Within broader, organisational development literature, this is frequently viewed as a negative, preventing organisations from adapting to make use of new information. However, for bitcoin, specifically in relation to its ability to act as a store of value, unless it resists changes, its store of value characteristics could be affected (such as requests for “tail emissions” or “changes to the hard cap”). A similar argument was then raised in terms of using too much energy due to the proof-of-work algorithm, [Ethereum now uses 99.95% less electricity](https://www.home.saxo/content/articles/cryptocurrencies/one-year-later---how-proof-of-stake-has-changed-ethereum-21092023), but what did this change do to the Ethereum mining industry? If there was the slightest risk that one day all the publicly and privately owned miners could be put out of business due to a change in consensus algorithm, and being left with much less useful equipment, miners would need to consider this before investing in the industry. While not technically “application specific”, due to their ability to provide verifiable randomness to web applications, ([thanks Bob](https://twitter.com/boomer_btc)), rational miners would likely look elsewhere to deploy their resources. Developments within the broad mining community interestingly reflect such business and regulatory risks, with some bitcoin miners diversifying into [Artificial Intelligence service provision](https://www.forbes.com/sites/colinharper/2024/05/31/revenue-from-ai-could-be-a-game-changer-for-bitcoin-miners--but-can-they-make-it-work/). Although this may be viewed a prudent risk management, it shows that public miners’ focus is unsurprisingly on regulatory compliance and revenue generation, compared to focusing wholly on the Bitcoin Network. As a result, if the risk of a change in consensus algorithm increased, these miners would be well placed to refocus their efforts elsewhere. For these reasons, bitcoin’s resistance to change can be viewed as critical to be able to have confidence when holding it for long periods of time.
While I was very pleased with myself, it was not until a flippant tweet involving [CalleBtc](https://twitter.com/callebtc), that I was put back in place, *bitcoin has not already won*. Bitcoin’s resistance to change and so, tendency for ossification (the process of bone formation or opposed to change), is important in terms of certain attributes (hard cap and proof of work), but potentially less essential in terms of other parts of the protocol. For example, SHA256 is a great proof-of-work consensus algorithm for the moment, but what happens if quantum computers break the algorithm (actually a relatively small risk, when compared to the cracking of nuclear launch codes)? Alternatively, what happens if there is a confluence of events and transaction attributes, enabled by a previous soft-fork that prevent blocks being added to the proof-of-work chain? In either situation, it will be both necessary for the bitcoin community to cooperate and reach consensus on an upgrade quickly, that may require a soft or hard-fork, in order for bitcoin to remain operational and secure. This was clearly articulated by Vijay Boyapati:
“I would say I’m an ossification maximalist….. the only situation which I think bitcoin should change is under gravest extreme and that is when there is a critical bug or something that breaks bitcoin… say SHA256 is broken ” ([Vijay Boyapati, 2023)](https://swansignalpodcast.com/episodes/the-state-of-the-bitcoin-bull-market-with-vijay-boyapati-brady-swenson-ep-151)
As a bitcoin user, to believe that if you are able to receive, securely store and send bitcoin, it has sufficient functionality, there may be a tendency to think there is limited value in contributing to bitcoin developers, bitcoin already does what you need it to do. While bitcoin developers work tirelessly reviewing the code to identify bugs and clear up the code, there is a risk that developers may have ulterior motives, such as getting a piece of their code uploaded to mainnet or actively blocking particular proposals ([thank you GrassFedBitcoin](https://open.spotify.com/episode/6tMTAXUJca21JhWd6eMlpx?si=74ac84961d714d5a)). While extensive review processes aim to prevent there being any negative outcomes of malicious or ego-centric upgrades, the more resources directed to bitcoin developers mean the more time and effort that can be given to checking the code prior to upgrades going live. However, extra resources alone may not be sufficient, *the devil makes work for idle hands*. If all developers do is check, recheck and test the work of others, in my view, this creates at least 2 problems. Number 1; this could become a touch monotonous over time, if becoming a bitcoin developer primarily involves auditing and quality assurance, the best and brightest minds may go elsewhere. Number 2; if bitcoin developers are only refining what is already there, who is developing the skills, capabilities, competence and craft to write the code that overcomes the quantum computing threat (who will be the next [Shaolin Fry](https://www.reddit.com/r/Bitcoin/comments/5zsk45/i_am_shaolinfry_author_of_the_recent_user/?rdt=59545))?
This reminded me of some work by [Dorothy Leonard-Barton](https://www.hbs.edu/faculty/Pages/item.aspx?num=72), who provided fascinating counter arguments to the earlier, and highly influential work of [Gary Hamel and C.K. Prahalad](https://hbr.org/1994/07/competing-for-the-future). These three authors emphasised the need for businesses to develop core competences in order to build a long-term competitive advantage. However, Leonard-Barton suggested that unless companies balanced their learning and development activities between refining, variation reducing forms of improvement and more exploratory, innovative development activities, a firm could develop what they termed *core-rigidities*. Rather than providing firms with a sustainable competitive advantage, they trapped firms in path dependencies, where they were only able to develop better versions of products that customers no longer wanted (see Kodak, Polaroid, Blockbusters and maybe even [Vanguard - in the near future](https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/no-bitcoin-etfs-at-vanguard-heres-why.html)). Risks arise from developments focusing upon improvements with shorter payback periods and lower chances of failure, that prevent those in the system seeing value in improvements that may displace current [cash cows](https://www.bcg.com/about/overview/our-history/growth-share-matrix). Blockbusters didn’t like the idea of closing down stores in a similar manner to Bitmain and MicroBT disliking fundamental changes to chip or ASIC architecture.
From this position, contributing to bitcoin development does not have to only be about providing remuneration for those checking, monitoring and editing code that will move directly into changes to the bitcoin protocol. Contributing to bitcoin development also doesn’t have to mean that developments move off the base chain to layer 2 or 3, although both remain critical for the continual development of the bitcoin eco-system. Contributing to bitcoin development can instead relate to exploratory projects, that may not themselves change bitcoin core, but may contribute to learning, knowledge and the development of new capabilities that may be useful in the future. Such learning and progress is as much about trying, testing and finding out what doesn’t work, as it is about confirming your ideas were right. [James Dyson](https://www.forbes.com/sites/margiewarrell/2020/01/30/its-not-failure-that-sets-you-back-its-failing-to-risk-more-of-it/#:~:text=Less%20known%20is%20that%2C%20while,his%20failed%20experiments%20as%20failures.) had 5,126 failed patents while developing his now famous motor and vacuum cleaner business, not to mention the[ digital cash projects that failed before bitcoin](https://store.bitcoinmagazine.com/products/the-genesis-book). Bitcoin development can take a similar approach, with the protocol not only representing the quality of the BIPs that have been implemented, but also reflecting the learning that results from all the unsuccessful BIPs, that were ultimately rejected. [BIP 300](https://en.bitcoin.it/wiki/BIP_0300) may never get implemented, but if its limitations provide inspiration for alternative solutions, the BIP can be viewed has valuable even if Sidechains are never brought to the base layer.
Contributions to bitcoin developers could then be distributed more widely than only those working on core, reviewing BIPs and building protocols, but also to the wider community, to those learning about the system, integrating their own knowledge and proposing new BIPs. Only through such a process can novel ideas find their way into the system that will test and challenge developers to build their capabilities and competences ready for [black swan](https://www.britannica.com/topic/black-swan-event) scenarios or new consensus algorithms that can withstand a quantum attack. If developers are not supported in working on projects that will almost certainly fail in the short term, they may miss the stepping-stones to the next project, choosing to only focus upon variation reducing changes. While reducing the short-term risk of introducing unintended consequences to the bitcoin protocol, there may be longer-term consequences that bitcoin will lose the capacity to “take in a new idea”, ossify, and become exposed.
I don’t want any changes to the hard cap (ever), I don’t want any changes to the consensus algorithm (now), I don’t want to have to increase the storage capacity of my node (in the medium term). However, the idea of watching from the side lines as code auditors and quality assurance experts fumble to write new code to fix a mission critical bug would be much worse, as humanity’s best hope of escaping fiat enslavement becomes a valueless *pet rock*. Contributing to the developer ecosystem to build, test and prepare solutions to scenarios before they are needed feels like a good use of resources. Celebrating the work of these, often unsung heroes of bitcoin, may then provide motivation for new entrants, offsetting the carrot of getting *their*code implemented. This reflects some recent discussions across ‘X’, Nostr and popular [podcasts](https://www.whatbitcoindid.com/podcast/bitcoin-is-forever-money) that are worth having with major holders and influencers in the field:
<img src="https://blossom.primal.net/b850f3066e003806574adeb3b6daa7254592a23f88cebb5f08842c529d544fe1.png">
The long-term consistency of bitcoin as an asset is fundamental for it to maintain relevance as a store of value, but both limiting investment and signalling to others of the need to ossify the protocol misses an important mid to long-term risk. Organisations, such as [Opensats](https://opensats.org/), play an important role in channelling donations across the eco-system, to help ensure that exploratory forms of learning and capability development receive the support they deserve. Gold’s low stock to flow and physical properties made it THE store of value before the invention of the telegraph. However, physics and chemistry then meant gold had already ossified, its physical nature prevented it from adapting to a global world, and ultimately becoming a less relevant (soon to be irrelevant) store of value. Bitcoin doesn’t have these limitations, it can change to reflect the dynamic world in which it exists, so it and the skills of the developer community cannot ossify if it is to remain relevant and valuable in an ever changing, developing and learning world.
This led me to an analogy for balancing ossification against bitcoin development. If one is against changes being made to bitcoin unless they address extreme and mission critical issues, but also say that contributing to developers introduces unnecessary risks, appears a touch contradictory. For instance, if you know that someday, there will be a 40 yard dash, but, as a community, you neither know who will run the race (the proposed solution) or who they will be running against (the attack), with failure to win the race being catastrophic (the end of bitcoin), a choice needs to be made in terms of how to approach this risk. Would the sensible option be to say *we’ll just know who’s best on the day* or *let’s get in shape, start practicing and support our best athletes (coders) shine for when/if that day arrives*? From this position, while making and implementing the change can be viewed as a short sprint, the preparation for the sprint may need to be viewed as anything but.
And so to return back to where we started, [Old Porteous’s](https://gutenberg.net.au/ebooks02/0200031h.html) views reflected a by-gone age, knowledgeable and intelligent, able to regurgitate monologues that had been presented to his students countless times over the years, in an authoritative *Oxfordy way*. However, without taking in new knowledge, that reflected technical and societal developments, *the last two thousand years – just oughtn’t to have happened*. This appears very similar to Kodak’s [*Advanced Photo System*](https://en.wikipedia.org/wiki/Advanced_Photo_System), that while adding features, was outdated even before it was released in 1996. Bitcoin doesn’t have to change to remain relevant and have value, but that doesn’t mean those in the system should not be striving to gain the necessary capabilities to make changes when the need arises.
Thank you to the various podcasters and articles that have helped me form my ideas, in particular [Shinobi](https://bitcoinmagazine.com/culture/why-bitcoins-ossification-will-be-necessary) for his work on ossification and highlighting the need to [give our braincells something to](https://bitcoinmagazine.com/culture/dogma-kills-brain-cells) do, just because we are dogmatic about certain aspects of bitcoin, our laser eyed focus doesn’t have to trap us in a by-gone age.
As per usual, views are my own, I'm not a financial advisor, none of this should be taken as financial advice..... Peace.
-
![](/static/nostr-icon-purple-64x64.png)
@ c230edd3:8ad4a712
2025-01-23 00:26:14
When beechen buds begin to swell,
And woods the blue-bird’s warble know,
The yellow violet’s modest bell
Peeps from the last year’s leaves below.
Ere russet fields their green resume,
Sweet flower, I love, in forest bare,
To meet thee, when thy faint perfume
Alone is in the virgin air.
Of all her train, the hands of Spring
First plant thee in the watery mould,
And I have seen thee blossoming
Beside the snow-bank’s edges cold.
Thy parent sun, who bade thee view
Pale skies, and chilling moisture sip,
Has bathed thee in his own bright hue,
And streaked with jet thy glowing lip.
Yet slight thy form, and low thy seat,
And earthward bent thy gentle eye,
Unapt the passing view to meet
When loftier flowers are flaunting nigh.
Oft, in the sunless April day,
Thy early smile has stayed my walk;
But midst the gorgeous blooms of May,
I passed thee on thy humble stalk.
So they, who climb to wealth, forget
The friends in darker fortunes tried.
I copied them—but I regret
That I should ape the ways of pride.
And when again the genial hour
Awakes the painted tribes of light,
I’ll not o’erlook the modest flower
That made the woods of April bright.
-
![](/static/nostr-icon-purple-64x64.png)
@ c230edd3:8ad4a712
2025-01-22 23:52:14
To him who in the love of Nature holds
Communion with her visible forms, she speaks
A various language; for his gayer hours
She has a voice of gladness, and a smile
And eloquence of beauty, and she glides
Into his darker musings, with a mild
And healing sympathy, that steals away
Their sharpness, ere he is aware. When thoughts
Of the last bitter hour come like a blight
Over thy spirit, and sad images
Of the stern agony, and shroud, and pall,
And breathless darkness, and the narrow house,
Make thee to shudder, and grow sick at heart;—
Go forth, under the open sky, and list
To Nature’s teachings, while from all around—
Earth and her waters, and the depths of air—
Comes a still voice— Yet a few days, and thee
The all-beholding sun shall see no more
In all his course; nor yet in the cold ground,
Where thy pale form was laid, with many tears,
Nor in the embrace of ocean, shall exist
Thy image. Earth, that nourished thee, shall claim
Thy growth, to be resolved to earth again,
And, lost each human trace, surrendering up
Thine individual being, shalt thou go
To mix for ever with the elements,
To be a brother to the insensible rock
And to the sluggish clod, which the rude swain
Turns with his share, and treads upon. The oak
Shall send his roots abroad, and pierce thy mould.
Yet not to thine eternal resting-place
Shalt thou retire alone, nor couldst thou wish
Couch more magnificent. Thou shalt lie down
With patriarchs of the infant world—with kings,
The powerful of the earth—the wise, the good,
Fair forms, and hoary seers of ages past,
All in one mighty sepulchre. The hills
Rock-ribbed and ancient as the sun,—the vales
Stretching in pensive quietness between;
The venerable woods—rivers that move
In majesty, and the complaining brooks
That make the meadows green; and, poured round all,
Old Ocean’s gray and melancholy waste,—
Are but the solemn decorations all
Of the great tomb of man. The golden sun,
The planets, all the infinite host of heaven,
Are shining on the sad abodes of death,
Through the still lapse of ages. All that tread
The globe are but a handful to the tribes
That slumber in its bosom.—Take the wings
Of morning, pierce the Barcan wilderness,
Or lose thyself in the continuous woods
Where rolls the Oregon, and hears no sound,
Save his own dashings—yet the dead are there:
And millions in those solitudes, since first
The flight of years began, have laid them down
In their last sleep—the dead reign there alone.
So shalt thou rest, and what if thou withdraw
In silence from the living, and no friend
Take note of thy departure? All that breathe
Will share thy destiny. The gay will laugh
When thou art gone, the solemn brood of care
Plod on, and each one as before will chase
His favorite phantom; yet all these shall leave
Their mirth and their employments, and shall come
And make their bed with thee. As the long train
Of ages glide away, the sons of men,
The youth in life’s green spring, and he who goes
In the full strength of years, matron and maid,
The speechless babe, and the gray-headed man—
Shall one by one be gathered to thy side,
By those, who in their turn shall follow them.
So live, that when thy summons comes to join
The innumerable caravan, which moves
To that mysterious realm, where each shall take
His chamber in the silent halls of death,
Thou go not, like the quarry-slave at night,
Scourged to his dungeon, but, sustained and soothed
By an unfaltering trust, approach thy grave,
Like one who wraps the drapery of his couch
About him, and lies down to pleasant dreams.
-
![](/static/nostr-icon-purple-64x64.png)
@ da18e986:3a0d9851
2025-01-22 23:49:06
Since DVMs were introduced to Nostr in July 2023, we've witnessed remarkable growth - over 2.5 million DVM events (Kinds 5000-7000) and counting. Last fall, when Primal added custom feeds (Kind 5300 DVMs), we saw a 10x surge in DVM activity. To handle this growth, I've spent the last few months completely rewriting DVMDash.
The first version of DVMDash, still live at [https://dvmdash.live](https://dvmdash.live), unfortunately uses full database table scans to compute the metrics. The code was simpler, but the computation ran on the database. This meant the only way to scale the system was to upgrade the database. Using managed databases (like AWS, Azure, Digital Ocean) beyond the lower tiers gets expensive quickly.
The other problem with the first version: it computes metrics globally (well... as global as you can get; there's no true global with Nostr). Global or all-time metrics aren't sustainable with a system that plans to analyze billions of events in the future (a long term goal for DVMDash). Especially metrics like the number of unique DVMs, Kinds, and Users. I spent more time than I care to admit on possible designs, and have settled on these design principles for now:
1. Precise accurate metrics will only be computed for the last 30 days of DVM activity.
2. At the turn of a new month, we will compute a snapshot of the last month's activity, and a snapshot per DVM and per Kind, and store them in a historical table. This way we can see what any given month in the past looked like from a bird's eye view with metrics like number of job requests, job results, a count of unique DVMs, kinds and users, which DVMs ran jobs on which kinds, etc. The monthly data will all be aggregate.
The goal of the new redesign is to support processing millions of DVM events an hour. Therefore we need to ensure we can horizontally scale the processing as the traffic increases. Horizontal scaling was the primary goal of this new redesign, and early results indicate it's working.
The new architecture for DVMDash uses a redis queue to hold events collected from relays. Then batches of events are pulled off of the queue by dvm event analyzers to compute metrics. Duplicating these analyzers is one way DVMDash can horizontally scale.
To see if increasing the number of dvm event analyzers improves speed, I ran a performance test on Digital Ocean using real DVM events collected from Jan. 1st 2024 to Jan 9th 2025, which includes more than 2.4 million events. The only difference between each run is the number of DVM event analyzers ranging from 1 to 6.
![https://dvmdashbucket.nyc3.cdn.digitaloceanspaces.com/articles/cumulative_dvm_events_performance_results_01212025.png](https://dvmdashbucket.nyc3.cdn.digitaloceanspaces.com/articles/cumulative_dvm_events_performance_results_01212025.png)
The first graph shows that adding more event analyzers has a significant speed improvement. With only one analyzer it took nearly an hour to process the 2.4 million events. With every added analyzer, there was a noticeable speedup, as can be seen in the graph. With n=6 analyzers, we were able to process all 2.4 million events in about 10 minutes.
When we look at the rate of processing shown in the second graph, we can see that we get up to 300k dvm events processed per minute when n=6, compared to just ~50k events processed when n=1.
![https://dvmdashbucket.nyc3.cdn.digitaloceanspaces.com/articles/analyzer_rates_performance_results_01212025.png](https://dvmdashbucket.nyc3.cdn.digitaloceanspaces.com/articles/analyzer_rates_performance_results_01212025.png)
While I did test beyond 6 analyzers, I found the sweet spot for the current infrastructure setup to be around 6 analyzers. This provides plenty of headroom above our current processing needs, which typically see less than a million events per month. Even at a million DVM events per day, DVMDash should be able to handle it with n=2 analyzers running. The most important takeaway is that DVMDash can now horizontally scale by adding more analyzers as DVM activity grows in the future.
The code to run these performance tests, either locally or on Digital Ocean (you'd need an API key), is in the dvmdash repo, so anyone can replicate these tests. There's a lot of nuance to scaling that I'm leaving out of this short article, and you can't get away from having to adjust database capacity (especially number of connections). The code for this test can be found in `experiments/test_batch_processing_scaling.py` and the code to produce the graphs is in `experiments/graph_batch_processing_scaling_data.py`. For now this is still in the `full-redesign` branch, soon it will be merged into `main`.
The live version of dvmdash doesn't have these performance updates yet, a complete redesign is coming soon, including a new UI.
I've had my head down working on this rewrite, and couldn't move on to add new features until this was done. Thank you to the folks who made github issues, I'll be getting to those soon.
DVMDash is open source, please drop by and give us a feature request, bug report, pull request or star. Thanks to OpenSats for funding this work.
Github: [https://github.com/dtdannen/dvmdash](https://github.com/dtdannen/dvmdash)
Shoutout to nostr:npub12xeqxplp5ut4h92s3vxthrdv30j0czxz9a8tef8cfg2cs59r85gqnzrk5w for helping me think through database design choices.
-
![](/static/nostr-icon-purple-64x64.png)
@ e034d654:ca919814
2025-01-22 23:14:27
I stumbled into nostr end of March 2023. At that point already fully thrown into the hows, whys and whats of Bitcoin, never really interested in social apps, just recently playing around with Lightning, the only experience of which at the time was Muun (😬) and stacker.news custodial wallet.
Fairly inexperienced with technicals other than rough understandings of concepts. A crappy laptop node with a dangling SSD via USB, constantly having to resync to current blockheights whenever I was ready to make an on chain transaction to cold storage. My great success after over two years of delay, and a couple failed attempts.
Something about the breadth of information for nitty gritty specifics, the clash with all the things that I found interesting about Bitcoin, with others equally as focused, kept me interested in Nostr. Plus the lighthearted shit posting to break up plumbing the depths of knowledge appealed to me.
Cut to now. Through the jurisdictional removals and even deaths of LN wallet projects, using mobile LSPs, finding use cases with the numerous cashu implementations, moderate comfortability with NWC strings of various permissions, budgets for seemingly endless apps of Nostr clients, swapping relays, isolated wallets with Alby go for my wife and cousin (I told them both not to put much on there as I'm sure failure is imminent) Alby Hub and Zeus, now fully backended by my own persistently online lightning node. All of it adding to the fluidity of my movement around the protocol.
Nimble.
Gradual progress. Reading through notes and guides posted on Nostr learning little bits, circling back eventually, if even at a time it wasn't clicking for me. Either way. Glad i've stuck to it even if I still barely know what it is I'm doing.
-
![](/static/nostr-icon-purple-64x64.png)
@ f33c8a96:5ec6f741
2025-01-22 20:38:02
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/V-7u7bJccSM?enablejsapi=1" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-22 19:06:48
This isn't a fully crystalized post, but I want to see what people think about egregiously bad officiating in an era of widespread sports betting.
It seems so obvious that Chiefs games, for instance, are rigged. I don't think that's specifically done for gambling reasons. My gut says it has more to do with marketing and league revenue.
Might the sportsbooks be a check on this corruption of the sport, since honest matches (or at least the perception of such) are in their interest? People don't like betting on rigged events, after all.
In other cases, though, atrocious calls can no longer live in a vacuum. We, as spectators, are now always wondering if officials are putting their thumbs on the scales for their own enrichment.
If people keep watching and buying up all the merch, though, is there any incentive for the league to address it?
If the leagues were to attempt to address it, what's the best way to impose accountability?
originally posted at https://stacker.news/items/860390
-
![](/static/nostr-icon-purple-64x64.png)
@ 93eeb56c:9469e39a
2025-01-22 17:08:44
## 💀 Introducing No Good Kid
---
<br>
After 15 years of working as a graphic designer, marketer, and brand therapist, I recently started to feel the urgency to start a project of my own.
I feel out of tune with the state of mainstream marketing today—sterile aesthetics, overstated presentations, and endless battle for attention on centralized social media.
So, I’m introducing No Good Kid. And as you can guess from the title, No Good Kid targets both creators and audiences who don’t exactly fit the status quo.
No Good Kid is the creative’s alter ego. It’s an identity that can be shared and serves as a label under which we can collaborate to create cool projects.
<br><br>
## 🪩 What is it?
---
<br>
I think of it as an identity—the creative’s alter ego, if you will—that can be shared among creators and serve as a label under which we can collaborate and create.
And the result can be anything, from a marketing campaign to original music production. There are no borders. If the party is right, anything can happen.
In the spirit of gamma personalities, there will be no agency, leader, or hierarchy.
My hope is that the projects will reflect values such as freedom and solidarity. But it’s entirely up to the creators.
Feel free to use the No Good Kid identity, share your project, or reach out if I can help.
<br><br>
## 🔥 Projects released so far
---
<br>
<img src="https://blossom.primal.net/9eba693703b32501b8923dd7681cc741a611f4a37d62c8daf119604e358e1ccc.jpg">
### whistleblower10
In 2024, I crafted a campaign for Amnesty International CZ which led to Amnesty accepting Bitcoin donations for a limited time.
[whistleblower10 website→](https://whistleblower10.xyz/)\
[project design→](https://dribbble.com/shots/25151791-whistleblower10-Amnesty-International-CZ)<br>
<br><br>
<img src="https://blossom.primal.net/aa5a200a87d8558a0b3bc05d67886e76674de6b54c3e54a3d98fe12f203443a5.jpg">
### The Nocoiner Syndrome
By the end of last year, The Nocoiner Syndrome was published by Institute of Cryptoanarchy—a research paper written by Peter Horváth that rebutted the ECB’s statement about Bitcoin being on “the road to irrelevance.”
[Institute of Cryptoanarchy website→](https://cryptoanarchy.institute/)\
[project design→](https://dribbble.com/shots/25151801-The-Nocoiner-Syndrome-Institute-of-Cryptoanarchy)
<br><br>
## ☮️ Vision
---
<br>
There is no need to place a label on this project. I want No Good Kid to be a tool to connect beliefs and hopes with skills in the name of freedom.
Let me know what you think of the idea, or if you have a project in mind.
Be well, and stay no good.
dworis 💀
<br><br>
#### 🥁 Follow No Good Kid:
https://nogoodkid.com/
npub1j0ht2m9jgs6mccyvkffd2dlnfusmqfx9mjlwg6fsmfwxm9rfuwdq40w6rf
npub1uwglfjet0m2regqhmgeygc2tc75ngezl8fhftgzhaqas9rjeny8sdztml4
<br><br>
---
---
## 🔥 Thanks for reading
Enjoyed this article?
**⚡️ Zap some sats**<br>
literalpersian75(at)walletofsatoshi.com
**💀 No Good Kid projects & portfolio**<br>
<https://nogoodkid.com/>
**👥 Let’s connect on Nostr**<br>
npub1j0ht2m9jgs6mccyvkffd2dlnfusmqfx9mjlwg6fsmfwxm9rfuwdq40w6rf
-
![](/static/nostr-icon-purple-64x64.png)
@ 000002de:c05780a7
2025-01-22 16:33:59
Anyone else noticing their LN address not working with Minibits?
originally posted at https://stacker.news/items/860143
-
![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-22 16:20:47
I just completed my 5th steps challenge on Workit (only available on iOS, sorry).
This challenge was 10k steps every day for two weeks. Of course, these were the coldest two weeks of the year, so many of those steps were indoors.
The buy-in/stake was 25k sats and the payout was 28,608, which was a little less than I expected. I don't think the winners of the bonus rewards have been announced yet, so there may still be another 40k coming my way (but, probably not).
So far, I've netted over 50k on these challenges. What a great way to stay healthy, while stacking sats.
originally posted at https://stacker.news/items/860122
-
![](/static/nostr-icon-purple-64x64.png)
@ a853296a:209e695f
2025-01-22 15:30:28
🎙️ Howdy cowboys, stackers and podcast enthusiasts! 🤠
Last week we released [**Pull That Up Jamie**](https://pullthatupjamie.ai/?searchMode=podcast-search). 🚀
Today we're thrilled to announce an upgrade to **The Fastest Podcast Search in the West** 🤠 with significant UX improvements! Check out the full details in the [(announcement post)](https://stacker.news/items/852635). 📰
---
### **🔥 Fast Jamie Rundown**:
- 🛠️ **18 high-signal Bitcoin and lifestyle podcasts** for lightning-fast insights ⚡
- 🔗 **Share podcast clips** with exact timestamps and a dedicated landing page
- 📱 **Listen and explore** from mobile or desktop browser — smooth and seamless!
- 🚀 **Enhanced hybrid keyword and embeddings search** for lightning-fast performance & spot-on results
---
### **🏆 Highlights**
![](https://m.stacker.news/74112)
🎧 _Learning about **P2P rights legal work** on Samourai and Tornado Cash with Zach Shapiro on Citadel Dispatch @ODELL [(deeplink)](https://pullthatupjamie.ai/share?clip=df8da274-7920-4b6b-b1fc-a715076e89a8_p40)_
![](https://m.stacker.news/73977)
🎧 _@nicktee highlighted this **Bitcoin Optech** gem on BOLT12 blinded paths [(clip deeplink)](https://pullthatupjamie.ai/share?clip=d061904c-4317-4a58-9da9-76c2faa39e08_p142)_
![](https://m.stacker.news/74055)
🎧 _@futurepaul's chat with @TheGuySwann on Mutiny's pivot to **Open Secret** [(clip deeplink)](https://pullthatupjamie.ai/share?clip=https___permalink_castos_com_podcast_59707_episode_1931494_p119)_
---
### **🚀 Future Development**:
- 🎙️ **Expanding podcast feeds**: From sports and health to AI and theology!
- 🌐 **Integrating with Jamie Web Search** for a unified search experience
- 🤖 **More automation** for seamless use
- 🚨 **More [REDACTED]**... stay tuned for epic updates! 😉
---
🤠 Giddy-up, and happy listening, y’all! Let us know your thoughts in the comments! 🗣️
originally posted at https://stacker.news/items/860053
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-22 10:39:19
### **What's changed**
-----------
- [New bonus guide dedicated to install/upgrade/uninstall PostgreSQL](https://minibolt.minibolt.info/bonus-guides/system/postgresql)
- [Modified the LND guide to use PostgreSQL instead of bbolt](https://minibolt.minibolt.info/lightning/lightning/lightning-client)
- [Modified the Nostr relay guide to use PostgreSQL instead of SQLite (experimental)](https://minibolt.minibolt.info/bonus-guides/nostr/nostr-relay)
- [Modified the BTCPay Server bonus guide according to these changes](https://minibolt.minibolt.info/bonus-guides/bitcoin/btcpay-server)
- Used the [lndinit MiniBolt organization fork](https://github.com/minibolt-guide/lndinit), to add an [extra section to migrate an existing LND bbolt database to PostgreSQL](https://minibolt.minibolt.info/lightning/lightning/lightning-client#migrate-an-existing-bbolt-database-to-postgresql) (🚨⚠️[Experimental](https://github.com/lightninglabs/lndinit/pull/21) - use it behind your responsibility⚠️🚨)
- [New Golang bonus guide](https://minibolt.minibolt.info/bonus-guides/system/go) as a common language for the [lndinit compilation](https://minibolt.minibolt.info/lightning/lightning/lightning-client#install-lndinit)
- [Updated LND to v0.18](https://minibolt.minibolt.info/lightning/lightning/lightning-client#download-binaries)
- [New Bitcoin Core extra section to renovate Tor & I2P addresses](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#renovate-your-bitcoin-core-tor-and-i2p-addresses)
- [New Bitcoin Core extra section to generate a full `bitcoin.conf` file](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#generate-a-full-bitcoin.conf-example-file)
- [Rebuilt some homepage sections and general structure](https://minibolt.minibolt.info//)
- Deleted the `$` symbol of the commands to easy copy-paste to the terminal
- [Deleted the initial incoming and the outgoing rules configuration of UFW, due to it being by default](https://minibolt.minibolt.info/system/system/security)
---
🪧 PD: If you want to use the old database backend of the LND or Nostr relay, follow the next extra sections:
- [Use the default bbolt database backend for the LND](https://minibolt.minibolt.info/lightning/lightning/lightning-client#use-the-default-bbolt-database-backend)
- [Use the default SQLite database backend for the Nostr relay](https://minibolt.minibolt.info/bonus-guides/bitcoin/nostr-relay#use-the-default-sqlite-database-backend)
⚠️**Attention**⚠️: [The migration process](https://minibolt.minibolt.info/lightning/lightning/lightning-client#migrate-an-existing-bbolt-database-to-postgresql) was tested on testnet mode from an existing bbolt database backend to a new PostgreSQL database using lndinit and the results were successful. However, It wasn't tested on mainnet, [according to the developer](https://github.com/lightninglabs/lndinit/pull/21), it is in experimental status which could damage your existing LND database.🚨 Use it behind your responsibility 🧼
---
**🔧 PR related**: https://github.com/minibolt-guide/minibolt/pull/93
-----------
#### ♻️ Migrate the PostgreSQL database location
> **Attention!!** These instructions are invalid since the latest changes applied to the [PostgreSQL bonus guide](https://minibolt.minibolt.info/bonus-guides/system/postgresql). See more information on the recent associated post by clicking ~ > [HERE](https://habla.news/u/twofaktor@twofaktor.github.io/1735902560910) < ~
If you installed [NBXplorer + BTCPay Server](https://minibolt.minibolt.info/bonus-guides/bitcoin/btcpay-server) **before 05/06/2024**, it is probably you have the database of the PostgreSQL cluster on the default path (`/var/lib/postgresql/16/main/`), follow the next instructions to migrate it to the new dedicated location on `/data/postgresdb` folder:
* With user `admin` create the dedicated PostgreSQL data folder
```
sudo mkdir /data/postgresdb
```
* Assign as the owner to the `postgres` user
```
sudo chown postgres:postgres /data/postgresdb
```
* Assign permissions of the data folder only to the `postgres` user
```
sudo chmod -R 700 /data/postgresdb
```
* Stop NBXplorer and BTCPay Server
```
sudo systemctl stop nbxplorer && sudo systemctl stop btcpayserver
```
* Stop PostgreSQL
```
sudo systemctl stop postgresql
```
* Use the rsync command to copy all files from the existing database on (`/var/lib/postgresql/16/main`) to the new destination directory (`/data/postgresdb`)
```
sudo rsync -av /var/lib/postgresql/16/main/ /data/postgresdb/
```
Expected output:
```
sending incremental file list
./
PG_VERSION
postgresql.auto.conf
postmaster.opts
postmaster.pid
base/
base/1/
base/1/112
base/1/113
base/1/1247
base/1/1247_fsm
base/1/1247_vm
base/1/1249
base/1/1249_fsm
base/1/1249_vm
[...]
pg_wal/000000010000000000000009
pg_wal/archive_status/
pg_xact/
pg_xact/0000
sent 164,483,875 bytes received 42,341 bytes 36,561,381.33 bytes/sec
total size is 164,311,368 speedup is 1.00
```
* Edit the PostgreSQL data directory on configuration, to redirect the store to the new location
```
sudo nano /etc/postgresql/16/main/postgresql.conf --linenumbers
```
* Replace the line 42 to this. Save and exit
```
data_directory = '/data/postgresdb'
```
* Start PostgreSQL to apply changes and monitor the correct status of the main instance and sub-instance monitoring sessions before
```
sudo systemctl start postgresql
```
* You can monitor the PostgreSQL main instance by the systemd journal and check the log output to ensure all is correct. You can exit the monitoring at any time with Ctrl-C
```
journalctl -fu postgresql
```
Example of the expected output:
```
Nov 08 11:51:10 minibolt systemd[1]: Stopped PostgreSQL RDBMS.
Nov 08 11:51:10 minibolt systemd[1]: Stopping PostgreSQL RDBMS...
Nov 08 11:51:13 minibolt systemd[1]: Starting PostgreSQL RDBMS...
Nov 08 11:51:13 minibolt systemd[1]: Finished PostgreSQL RDBMS.
```
* You can monitor the PostgreSQL sub-instance by the systemd journal and check log output to ensure all is correct. You can exit monitoring at any time with Ctrl-C
```
journalctl -fu postgresql@16-main
```
Example of the expected output:
```
Nov 08 11:51:10 minibolt systemd[1]: Stopping PostgreSQL Cluster 16-main...
Nov 08 11:51:11 minibolt systemd[1]: postgresql@16-main.service: Succeeded.
Nov 08 11:51:11 minibolt systemd[1]: Stopped PostgreSQL Cluster 16-main.
Nov 08 11:51:11 minibolt systemd[1]: postgresql@16-main.service: Consumed 1h 10min 8.677s CPU time.
Nov 08 11:51:11 minibolt systemd[1]: Starting PostgreSQL Cluster 16-main...
Nov 08 11:51:13 minibolt systemd[1]: Started PostgreSQL Cluster 16-main.
```
* Start NBXplorer and BTCPay Server again
```
sudo systemctl start nbxplorer && sudo systemctl start btcpayserver
```
* Monitor to make sure everything is as you left it. You can exit monitoring at any time by pressing Ctrl+C
```
journalctl -fu nbxplorer
```
---
```
journalctl -fu btcpayserver
```
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ 3efdaebb:3e0d2681
2025-01-22 01:08:58
Hey Nostr! It’s App Store release day for Damus. Thanks again to our loyal Purple subscribers for helping us continue to improve the UX and pointing out important changes and fixes.
Highlights of Version 1.12:
### Added
- Render Gif and video files while composing posts (Swift Coder)
- Add profile info text in stretchable banner with follow button (Swift Coder)
- Paste Gif image similar to jpeg and png files (Swift Coder)
### Changed
- Improved UX around the label for searching words (Daniel D’Aquino)
- Improved accessibility support on some elements (Daniel D’Aquino)
### Fixed
- Fixed issue where the "next" button would appear hidden and hard to click on the create account view (Daniel D’Aquino)
- Fix non scrollable wallet screen (Swift Coder)
- Fixed suggested users category titles to be localizable (Terry Yiu)
- Fixed GradientFollowButton to have consistent width and autoscale text limited to 1 line (Terry Yiu)
- Fixed right-to-left localization issues (Terry Yiu)
- Fixed AddMuteItemView to trim leading and trailing whitespaces from mute text and disallow adding text with only whitespaces (Terry Yiu)
- Fixed SideMenuView text to autoscale and limit to 1 line (Terry Yiu)
- Fixed an issue where a profile would need to be input twice in the search to be found (Daniel D’Aquino)
- Fixed non-breaking spaces in localized strings (Terry Yiu)
- Fixed localization issue on Add mute item button (Terry Yiu)
- Replace non-breaking spaces with regular spaces as Apple's NSLocalizedString macro does not seem to work with it (Terry Yiu)
- Fixed localization issues in RelayConfigView (Terry Yiu)
- Fix duplicate uploads (Swift Coder)
- Remove duplicate pubkey from Follow Suggestion list (Swift Coder)
- Fix Page control indicator (Swift Coder)
- Fix damus sharing issues (Swift Coder)
- Fixed issue where banner edit button is unclickable (Daniel D’Aquino)
- Handle empty notification pages by displaying suitable text (Swift Coder)
-
![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-21 23:13:23
![](https://m.stacker.news/74031)
originally posted at https://stacker.news/items/859339
-
![](/static/nostr-icon-purple-64x64.png)
@ 000002de:c05780a7
2025-01-21 21:29:39
> The Bellamy salute is a palm-out salute created by James B. Upham as the gesture that was to accompany the Pledge of Allegiance of the United States of America, whose text had been written by Francis Bellamy. It was also known as the "flag salute" during the period when it was used with the Pledge of Allegiance. Bellamy promoted the salute and it came to be associated with his name. Both the Pledge and its salute originated in 1892. It was also known as the "flag salute" during the period when it was used with the Pledge of Allegiance. Bellamy promoted the salute and it came to be associated with his name. Both the Pledge and its salute originated in 1892. Later, during the 1920s and 1930s, Italian fascists and Nazi Germans adopted a salute which was very similar, attributed to the Roman salute, a gesture that was popularly believed to have been used in ancient Rome.[1] This resulted in controversy over the use of the Bellamy salute in the United States. It was officially replaced by the hand-over-heart salute when Congress amended the Flag Code on December 22, 1942.
~ [Bellamy salute - Wikipedia](https://en.wikipedia.org/wiki/Bellamy_salute)
originally posted at https://stacker.news/items/859191
-
![](/static/nostr-icon-purple-64x64.png)
@ 3c7dc2c5:805642a8
2025-01-21 21:00:47
## 🧠Quote(s) of the week:
'For the love of God, Bitcoin is not a 'scam', and it is not 'going away'. Do yourself some good by honestly and thoroughly researching it, away from mainstream media nonsense. You can thank me and thousands of others on here later.'
'Do you actually understand what it means when the whole world tries to squeeze into a fixed supply digital asset that never gets diluted, is audited every 10 minutes, and trades 24/7 as the most liquid asset on earth? If you do, you’re holding on for dear life.' -Bitcoin For Freedom
## 🧡Bitcoin news🧡
After a short break from the recap, I am back. I got a new place and I had to focus on that project. Now before I start with this week's Weekly Recap I want to remind all the political larpers (Trump voters etc) of one thing:
THE PROMISE
1. Strategic Bitcoin Reserve
2. Free Ross day one
THE REALITY
1. 47M Wrapped BTC
2. Maybe free Ross later
3. 4.7M tron
4. 47M Ethereum
5. 4.7 M litecoin
6. Pardoned J6 participants
Oh, and he launched the biggest meme/shitcoin, and rug pulled the shit out of it.
On the 12th of January:
➡️Eighth consecutive positive adjustment on the horizon. We saw nine in 2021 and 17 in 2018. This is insane.
➡️A Santander Bank report highlights El Salvador’s booming tourism industry, fueled by Bitcoin adoption.
The country announced 3.9M tourists in 2024—a 22% YoY increase and nearly double the levels seen between 2013-2016.
➡️Bitcoin mining difficulty increased by 0.6101% today. The network has programmatically adjusted to a new difficulty level of 110,451,907,374,649 hashes, ensuring the target block time remains stable as global computing power on the network fluctuates.
➡️We now have 7 states, and counting, pushing a Strategic Bitcoin Reserve Bill:
- New Hampshire
- Alabama
- Florida
- Pennsylvania
- Texas
- Ohio
- North Dakota
On the 13th of January:
➡️Italy's largest bank Intesa Sanpaolo has started buying Bitcoin, according to leaked internal emails which celebrate the "first transaction" of €1m for 11 Bitcoin.
➡️The number of Bitcoin addresses holding over 100 BTC has surged by 8.6% since Trump’s election in November.
➡️Ming Shing Group from Hong Kong just acquired 500 Bitcoin for $47M.
➡️Semler Scientific has acquired 237 BTC for ~$23.3 million at ~$98,267 per Bitcoin and has generated a BTC Yield of 99.3% since adopting our BTC treasury strategy in May 2024. As of 1/10/2025, we held 2,321 Bitcoin acquired for ~$191.9 million at ~$82,687 per Bitcoin.
➡️$11.5 trillion BlackRock says that Bitcoin adoption is outpacing the internet and mobile phones.
On the 14th of January:
➡️The Bitcoin network has 610,929x more hashing computational power than the combined total of the world’s top 500 supercomputers.
On the 16th of January:
➡️'Someone just moved 11,000 Bitcoin worth $1.1 BILLION around the world for ONLY $1.50
The world's most efficient monetary network.' - Pete Rizzo
➡️XRP is down 80% from its bitcoin all-time high in 2017. Just don't do shitcoins, it's that simple.
On the 17th of January:
➡️'They did it again! Bindseil and Schaaf published the article, 'Arguments Against a Strategic Bitcoin Reserve'.
It is a wild ride, reaching peak FUD. Maybe even so wild that they had to publish it in a newspaper and not as an ECB blog post.
This is ultra bullish' - Dr. Jan Wüstenfeld
➡️Metaplanet's market cap closes above $1 billion for the first time since adopting a Bitcoin Standard.
➡️Jeroen Blokland: ‘Nearly one-fifth of all U.S. states are formally weighing whether to have public funds invest in Bitcoin.’
I am afraid and convinced at the same time that soon, the EU will be the only region still aiming to introduce a central bank digital currency. As a result, it will trigger more polarization, and Europe will lose the Bitcoin battle, just as it hopelessly lost the technology and AI battle.
➡️'ETH was supposed to become deflationary after the "merge"
But now the supply is almost back to where it was BEFORE the merge
If you're still falling for this shit, you deserve to get scammed.' -Rajat Soni
To make it even worse:
'The ETHBTC ratio is now lower than the day when Coinbase listed it in 2016. You would have been buying ETH at ~$13, but funny enough if you would have just bought and held Bitcoin, you would have actually outperformed it.' -Pledditor.
➡️ First union in Idaho bought Bitcoin.
➡️ California state officials embraced Bitcoin.
➡️Wyoming filed for Strategic Bitcoin Reserve bill.
➡️Massachusetts filed for Strategic Bitcoin Reserve bill. Up to 10% of the $9 Billion Commonwealth Stabilization Fund can be invested in Bitcoin
On the 18th of January:
➡️ Swiss Bitcoin advocates are pushing for the Swiss National Bank to add Bitcoin to the national reserves - Bloomberg
They need 100,000 signatures to put it to a national vote.
➡️3.47M Bitcoin addresses hold more than 0.1 BTC. If you own one of them you’re set for life.
➡️Donald Trump dropped a meme coin instead of stacking Bitcoin for a Strategic Reserve. If the president of the UNITED STATES OF AMERICA can launch and promote a memecoin, then essentially it's OK (and not shamed) for anyone/anywhere to do so.
The grift to come is going to be unreal, even by CrApTo standards.
A memecoin/shitcoin is a zero-sum* lottery.
There is no wealth creation. Every buy order is simply matched by a sell order. After an initial spike, the price eventually crashes and the last buyers lose everything.
That's the only thing I am going to share on the subject.
[](https://i.ibb.co/jRctP3r/Ghpx9-BNWUAA2-Nxg.jpg)
➡️Arizona Strategic Bitcoin Reserve bill introduced
The State can invest up to 10% from:
1) State general fund - $28B
2) State retirement funds - $50B
➡️ Bitwise bought +$200 MILLION Bitcoin for its ETF today. The biggest single-day inflow since launching last year.
On the 19th of January:
➡️ Bitcoin Network System Explained in a Chart:
[](https://i.ibb.co/RBrC5tw/Ghn8-Bv-BW8-AAi-Xu-X.jpg)
On the 20th of January:
➡️Bitcoin mining difficulty hits a NEW ALL-TIME HIGH.
➡️YouTube rival Rumble started buying Bitcoin for its balance sheet on Friday - CEO
➡️Bitcoin went up 20x in Trump's first term as President. 10x this time?
##
💸Traditional Finance / Macro:
👉🏽no news
## 🏦Banks:
👉🏽Global central banks now hold more Gold than at any point in the past 45 years. Something is brewing.
## 🌎Macro/Geopolitics:
On the 12th of January:
👉🏽Treasuries are entering their 6th year of the third great bond bear market of the last 240 years!
On the 16th of January:
👉🏽EU Commission allows Thierry Breton to take up a new job at Bank of America despite a rule that requires a two-year waiting period before starting lobbying jobs.
There are no rules for these corrupt EU (you fill in the blank). The rules apply only to citizens, not to the Brussels elite, and certainly not if you belong to the French political elite.
In December I shared some news on the EU crusade against X. Let me explain this to you in simple terms.
Breton, a man preaching about the ‘rule of law’ and X, while breaching the rules he signed up to himself: ‘Code of Conduct EU Commissioners’.
Now read that again. Bitcoin only. Defund politicians.
👉🏽'The Congressional Budget Office just lowered the US population forecast by 11 million, to 372 million in 2054.
This implies 6.3% growth over the next 30 years instead of the 10.5% previously expected.
The agency also expects deaths to exceed births starting in 2033, 7 years earlier than in the 2024 estimates.
Lower fertility rates and lower net immigration expectations were behind the outlook changes.
Are we heading into a demographic crisis?' - TKL
On the 17th of January:
👉🏽 Germany had 17 nuclear power plants. It shut them all down. Germany spent $1 Trillion for its energy revamp with the following results:
- It is now totally dependent on Russian gas, French nuclear power electricity, and coal (the most polluting fossil fuel)
- Its citizens pay the highest electricity price in Europe
- It causes several times more CO2 per kWh than France
Go woke, go broke. $1T for ruining both its economy and environment. Wunderbar!
Just some data: In 2025, Europe is buying Russian gas at an unprecedented pace and spending billions of dollars on it, reports Politico. In the first 15 days of the year, the EU countries imported 837.3 thousand tons of Russian liquified natural gas (LNG).
Just to show you how fucked up things are in the EU. EU companies are backstabbed by their own policymakers.
'Europe's carmakers risk hefty bill for carbon credit from Chinese rivals.'
source: https://www.ft.com/content/677190d1-7d34-4506-a037-418baab67237
I read the article. It’mind-blowingng. It's like shooting a two-barrelled shotgun in your own nuts.
On this point, EU regulators are destroying an entire part of the economy (Car manufacturing + subcontractors) and are giving the keys to Chinese companies.
Go woke, go broke. China is making new coal plants at a rate that cancels German / EU efforts 10X or maybe 100x over.
Now from an economic perspective: 'European equities are more or less where they were at the beginning of the century.
Overregulation and bureaucracy throttling innovation, and belief in left redistribution nonsense instead of hard work and entrepreneurship have their price.' -Michael A.
Arouet
[](https://i.ibb.co/DWCV5pV/Ght-HId-Wc-AINW2x.jpg)
👉🏽Treasuries have experienced their worst rolling 10-year return in 90 YEARS, now at -0.5%.
People out here still stacking U.S. gov bonds instead of Bitcoin.
Data: U.S. Treasury bonds: -42% - Bitcoin: +809%
'The “smart money” is buying 30-year treasury bonds with a nominal yield of 1.20% on the whim that another investor (or central bank) will buy it from them at a higher price.'
-Dylan Leclair
On the 18th of January:
👉🏽Argentina has officially reached its first budget surplus in 14 years. Vamos!
Under Milei’s leadership, Argentina turned a $7.94B trade deficit in 2023 into a record-smashing $18-19B surplus in 2024, surpassing the previous high of $16.89B in 2009.
His push to boost energy exports from the Vaca Muerta shale reserves and ramp up grain sales is paying off, making Argentina a global exporting powerhouse again.
With inflation already down from nearly 300% to 117.8%, Milei’s economic reforms are proving their worth.
Argentinian President Javier Milei announces "Zero deficit is a reality...promises are fulfilled."
Let me refrain from the above:
➡️Less state
➡️Less government expenses
➡️Capitalism
➡️Free market
👉🏽Wealth exodus accelerated by 157% in 2024: One millionaire leaves Britain every 45 minutes under Labour — Telegraph
157% increase in the outflow of millionaires since Labour came to power - including losing over 10,000 millionaires & 12 billionaires. All these people created wealth in the U.K. through living and spending.
On the 19th of January:
👉🏽U.S. Housing Market
16.2% of Home Purchase Deals were canceled last month, the highest cancellation rate in history
If for some reason people still believe Bitcoin is a Ponzi scheme, well that's their fault. Let me share with you the real Ponzi scheme.
The following chart summarizes the impact of demographics on European pension systems really well:
[](https://i.ibb.co/r7QkYsv/Gh-J7j41-Wg-AEah31.jpg)
A ticking time bomb!
The regulatory burdens suffered by citizens are imposed by unelectable bureaucrats!
Study Bitcoin.
## 🎁If you have made it this far I would like to give you a little gift:
Some fountain of Lyn Alden's wisdom:
https://www.youtube.com/watch?v=fZlcrLZkNA8
Lyn Alden is a macro analyst, investment strategist, and the author of Broken Money. In this episode of What Bitcoin Did, they discuss the impact of fiscal policy on inflation, the Federal Reserve's constraints under fiscal dominance, and the role of tariffs in shaping the economic landscape. They also get into a Strategic Bitcoin Reserve, and what Donald Trump’s Administration will mean for Bitcoin.
Credit: I have used multiple sources!
The complete Weekly Recap will be accessible on my Bitcoin Friday page on Habla. Enriched with detailed charts, illustrative images, and comprehensive macroeconomic news to provide context and clarity.
My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly. Use the code BITCOINFRIDAY
Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple.⠀⠀⠀⠀ ⠀ ⠀⠀⠀
Do you think this post is helpful to you? If so, please share it and support my work with a zap.
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃
⭐ Many thanks⭐
Felipe - Bitcoin Friday!
▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃
-
![](/static/nostr-icon-purple-64x64.png)
@ f3b691eb:aa9a5c31
2025-01-21 20:53:59
I know there are a ton of people working on onboarding resources for new users. Informational sites, user guides, wallet info etc.
Where do you send new users?
originally posted at https://stacker.news/items/859149
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:42:14
Some guides on MiniBolt / RaMiX have suffered some modifications and need additional instructions to migrate. Here is a summary:
🔘 New installation/update instructions of [BTC RPC Explorer](https://minibolt.minibolt.info/bitcoin/bitcoin/blockchain-explorer) to avoid [this issue](https://github.com/janoside/btc-rpc-explorer/issues/668).
🔘 New installation/update method of [Node + NPM](https://minibolt.minibolt.info/bonus-guides/system/nodejs-npm).
🔘 New installation/update method of [PostgreSQL](https://minibolt.minibolt.info/bonus-guides/system/postgresql) ~ > **Attention!** If you installed PostgreSQL **after 30/09/2024**, you do not need to follow these steps related to PostgreSQL.
---
## Update Nodejs + NPM to the latest LTS version (using the new method)
> Guide related: [Node + NPM](https://minibolt.minibolt.info/bonus-guides/system/nodejs-npm)
> **Context:** The installation/upgrade section of this guide has suffered some modifications, so to upgrade to the latest LTS released version using the new installation method, you need to follow the next steps:
* Stop the Nodejs + NPM dependencies:
```
sudo systemctl stop thunderhub btcrpcexplorer
```
* With user **admin**, update the packages and upgrade to keep up to date with the OS, press "y" and ENTER when needed or ENTER directly:
```
sudo apt update && sudo apt full-upgrade
```
* Change to a temporary directory which is cleared on reboot:
```
cd /tmp
```
* Set the environment variable of the version:
```
VERSION=22
```
* We will use the new NodeSource Node.js Binary Distributions repository [instructions](https://github.com/nodesource/distributions?tab=readme-ov-file#using-ubuntu-nodejs-22). Download the setup script:
```
curl -fsSL https://deb.nodesource.com/setup_$VERSION.x -o nodesource_setup.sh
```
* Run the setup script:
```
sudo -E bash nodesource_setup.sh
```
* Update the package manager and update Node.js + NPM to the latest LTS version:
```
sudo apt update && sudo apt full-upgrade
```
* Check the correct update of NodeJS:
```
node -v
```
**Example** of expected output:
```
v22.12.0
```
* Check the correct installation of NPM:
```
npm -v
```
**Example** of expected output:
```
10.9.0
```
* **(Optional)** Delete the setup script:
```
rm nodesource_setup.sh
```
* Start again the Nodejs + NPM dependencies:
```
sudo systemctl start thunderhub btcrpcexplorer
```
-----------
## Update BTC RPC Explorer to the latest version
> Guide related: [2.3 Blockchain explorer: BTC RPC Explorer](https://minibolt.minibolt.info/bitcoin/bitcoin/blockchain-explorer)
> **Context:** After [this notice](https://t.me/minibolt_news/37), if you deleted the `deprecatedrpc=warnings` flag because it is no longer necessary, it is probably that the ["**Node Details**"](https://explorer.minibolt.info/node-details) section of the BTC RPC Explorer got you [this error](https://github.com/janoside/btc-rpc-explorer/issues/668), this is because after the Bitcoin Core v28 update, just like LND, Electrs and other services, they have needed an update to remain compatible. BTC RPC Explorer was updated on this [commit](https://github.com/janoside/btc-rpc-explorer/commit/01585b7825afe0eb3e8f6cf39e9e135a20c8c2dd), but an official version that includes this correction has not been officially released yet. To fix this, it is necessary to **point to the current source code** and not the one related to the last released version (3.4.0).
**~ >** Get instructions to get this by following these steps and fix the issue ~ > [HERE](https://minibolt.minibolt.info/bitcoin/bitcoin/blockchain-explorer#upgrade) < ~
-----------
## Update PostgreSQL (server instance migration & others)
> Guide related: [PostgreSQL](https://minibolt.minibolt.info/bonus-guides/system/postgresql)
> **Attention!!** If you installed PostgreSQL **after 30/09/2024**, **you don't need to do anything**, and the next steps don't apply to your case.
> **Context:** With each major version jump of PostgreSQL, the update creates a new and dedicated cluster and folder with the number of each version. Also, the changes made between versions cause the need to migrate the database, that is, from one cluster to another, with a specific tool. This was unknown at the beginning, before creating the MiniBolt PostgreSQL installation guide, so a specific folder for the versions was not created. The [installation section](https://minibolt.minibolt.info/bonus-guides/system/postgresql#installation) was changed past **30/09/2024** to use this new method, but people who followed the PostgreSQL installation before that, need to do things to be in line with the MiniBolt guide.
Following the next steps, we are going to do the necessary migrations, the summary is the next:
**1.** Migrate the PostgreSQL database to a new location (*a dedicated folder for each version*).
**2.** Migrate from PostgreSQL server version 16 to 17.
---
**Verification**
If you are not sure whether you installed PostgreSQL before or after the mentioned date (**30/09/2024**), you can check as follows:
* With user `admin` list the existing clusters:
```
pg_lsclusters
```
Expected output if you installed PostgreSQL **after 30/09/2024**, **(you don't need do anything)**:
```
Ver Cluster Port Status Owner Data directory Log file
17 main 5432 online postgres /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
Expected output if you installed PostgreSQL **before 30/09/2024**, and performed a full upgrade of the MiniBolt with **`sudo apt update && sudo apt full-upgrade`**, **(you need to follow the next steps)**:
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb /var/log/postgresql/postgresql-16-main.log
17 main 5433 down postgres /var/lib/postgresql/17/main /var/log/postgresql/postgresql-17-main.log
```
Expected output **if you have not** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024 (the PostgreSQL v17 release)** (unlikely case) **(you need to follow the next steps)**:
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb /var/log/postgresql/postgresql-16-main.log
```
---
### **Migrate the PostgreSQL database to the new location**
> (Only if you installed PostgreSQL following the MiniBolt guide **before 30/09/2024**)
* Show the existing clusters to show the current path of the database:
```
pg_lsclusters
```
**~ >** Expected output **if you have not** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024 (PostgreSQL v17 release)** (unlikely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb /var/log/postgresql/postgresql-16-main.log
```
**~ >** Expected output **if you have** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024 (PostgreSQL v17 release)** (most likely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb /var/log/postgresql/postgresql-16-main.log
17 main 5433 down postgres /var/lib/postgresql/17/main /var/log/postgresql/postgresql-17-main.log
```
~ > Check the current "Data directory" column value of the cluster 16 **(/data/postgresdb)** for the future, we have changed this to a dedicated folder for each version (`/data/postgresdb/16`, `/data/postgresdb/17`, `/data/postgresdb/18`, etc.)
* Stop the PostgreSQL dependencies and the PostgreSQL version 16 cluster:
```
sudo systemctl stop thunderhub scbackup btcpay lnd nbxplorer nostrelay cloudflared postgresql@16-main
```
~ > Ensure all services are successfully stopped by monitoring the logs of each service, especially **lnd** ~ > `journalctl -fu lnd`.
* Monitor the logs of the PostgreSQL version 16 cluster to ensure that it has been stopped gracefully:
```
journalctl -fu postgresql@16-main
```
Expected output:
```
minibolt systemd[1]: Stopping PostgreSQL Cluster 16-main...
minibolt systemd[1]: postgresql@16-main.service: Deactivated successfully.
minibolt systemd[1]: Stopped PostgreSQL Cluster 16-main.
```
~ > Press `Ctrl + C` to continue.
* Create a temporary directory in a place out of the `/data/postgresdb` to move the data securely:
```
sudo mkdir /tmp/postgresdb-temp
```
* Sync the existing data of the current directory `/data/postgresdb` to this temporary directory:
```
sudo rsync -av /data/postgresdb/ /tmp/postgresdb-temp/
```
Example of expected output:
```
[...]
pg_xact/
pg_xact/0000
[...]
sent 40,397,103 bytes received 18,619 bytes 80,831,444.00 bytes/sec
total size is 40,330,914 speedup is 1.00
```
~ > Wait until the prompt shows up again.
* Change to the user `root` temporary:
```
sudo su
```
* Delete the content of the folder that hosted the original database:
```
sudo rm -rf /data/postgresdb/*
```
* Come back to the `admin` user:
```
exit
```
* Create a new specific and dedicated folder to the version number and to be in line with the [new and current storage method](https://minibolt.minibolt.info/bonus-guides/system/postgresql#create-data-folder) of the current guide:
```
sudo mkdir /data/postgresdb/16
```
* Assign as the owner to the user `postgres`:
```
sudo chown postgres:postgres /data/postgresdb/16
```
* Assign the correct permissions to the folder:
```
sudo chmod 700 /data/postgresdb/16
```
* Now you can sync the data from the temporary directory to `/data/postgresdb/16` in a secure way since this directory is not inside the source directory:
```
sudo rsync -av /tmp/postgresdb-temp/ /data/postgresdb/16/
```
Example of expected output:
```
[...]
pg_xact/
pg_xact/0000
[...]
sent 40,397,103 bytes received 18,619 bytes 80,831,444.00 bytes/sec
total size is 40,330,914 speedup is 1.00
```
~ > Wait until the prompt shows up again.
* Modify the configuration file (`postgresql.conf`) of the PostgreSQL to point to the new directory folder created:
```
sudo nano +42 /etc/postgresql/16/main/postgresql.conf
```
* Replace the data directory location to match with the new path:
```
data_directory = '/data/postgresdb/16'
```
* Start again the PostgreSQL service instance:
```
sudo systemctl start postgresql@16-main
```
* Monitor the logs of the PostgreSQL version 16 cluster to ensure that it works fine:
```
journalctl -fu postgresql@16-main
```
Expected output:
```
minibolt systemd[1]: Starting PostgreSQL Cluster 16-main...
minibolt systemd[1]: Started PostgreSQL Cluster 16-main.
```
~ > Press `Ctrl + C` to continue.
* Check the new database location with:
```
pg_lsclusters
```
~ > Expected output **if you have not** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024** (unlikely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
```
~ > Expected output **if you have** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024** (most likely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
17 main 5433 down postgres /var/lib/postgresql/17/main /var/log/postgresql/postgresql-17-main.log
```
~ > Check the new path on the "Data directory" column value of the cluster version 16, now **(/data/postgresdb/16)**.
* Start again the PostgreSQL dependencies services:
```
sudo systemctl start lnd nbxplorer btcpay thunderhub scb-backup nostr-relay cloudflared
```
~ > Check all work fine with the logs of each service, especially **lnd** ~ > `journalctl -fu lnd`.
* Stop again the PostgreSQL dependencies services, to continue working:
```
sudo systemctl stop thunderhub scbackup btcpay lnd nbxplorer nostrelay cloudflared
```
~ > Ensure all services are successfully stopped by monitoring the logs of each service, especially **lnd** ~ > `journalctl -fu lnd`.
### **Migrate from PostgreSQL server version 16 to 17**
> (Only if you installed PostgreSQL following the MiniBolt guide **before 30/09/2024**)
> **Context:** If you fully updated your OS after **26/09/2024** (the PostgreSQL v17 launched), using `sudo apt update && sudo apt full-upgrade`, and **you installed PostgreSQL before that date** following [the PostgreSQL MiniBolt guide](https://minibolt.minibolt.info/bonus-guides/system/postgresql), it is likely that you now are using the old version (v16) of the PostgreSQL server instance.
To confirm that, follow the next steps:
**Check the PostgreSQL server version in use**
* With the user `admin`, enter the psql (PostgreSQL CLI):
```
sudo -u postgres psql
```
* Enter the next command to get the server version:
```
SELECT version();
```
Expected output:
```
version
-----------------------------------------------------------------------------------------------------------------------------------
PostgreSQL 16.6 (Ubuntu 16.6-1.pgdg22.04+1) on x86_64-pc-linux-gnu, compiled by gcc (Ubuntu 11.4.0-1ubuntu1~22.04) 11.4.0, 64-bit
(1 row)
```
~ > Check the previous version is "PostgreSQL 16.6" (an outdated version of the PostgreSQL server), the latest version is PostgreSQL 17.2. 🔧✅ We are going to fix this in the next steps.
* Come back to the `admin` user bash prompt:
```
\q
```
* List the cluster to show the state of the both PostgreSQL server instances:
```
pg_lsclusters
```
~ > Expected output **if you have not** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024** (unlikely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
```
~ > Expected output **if you have** performed a full upgrade of the MiniBolt with `sudo apt update && sudo apt full-upgrade` **since 26/09/2024** (most likely):
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5432 online postgres /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
17 main 5433 down postgres /var/lib/postgresql/17/main /var/log/postgresql/postgresql-17-main.log
```
**Update PostgreSQL**
If you haven't done so before, make sure to update the OS (PostgreSQL included to the latest version 17):
* With user `admin`, fully update the OS with the package manager:
```
sudo apt update && sudo apt full-upgrade
```
~ > Press "y" and enter or directly enter when the prompt asks you.
-----------
#### **PostgreSQL server migration**
* Stop all existing clusters:
```
sudo systemctl stop postgresql@16-main postgresql@17-main
```
* Create a new database destination folder for the v17 cluster ready for migration from v16:
```
sudo mkdir /data/postgresdb/17
```
* Assign the owner as the postgres user:
```
sudo chown postgres:postgres /data/postgresdb/17
```
* Assign the correct permissions:
```
sudo chmod 700 /data/postgresdb/17
```
* Delete the cluster created by default for v17:
```
sudo -u postgres pg_dropcluster 17 main
```
* Update the systemd:
```
sudo systemctl daemon-reload
```
* Start the migration with the PostgreSQL migration tool:
```
sudo -u postgres pg_upgradecluster 16 main /data/postgresdb/17
```
**~ >** ⌛ This may take a lot of time depending on the existing database size (the nostr relay database especially) and your machine's performance; it is recommended to use [tmux](https://github.com/tmux/tmux). Wait until the prompt shows up again.
Example of expected output:
```
Restarting old cluster with restricted connections...
Notice: extra pg_ctl/postgres options given, bypassing systemctl for start operation
Creating new PostgreSQL cluster 17/main ...
/usr/lib/postgresql/17/bin/initdb -D /data/postgresdb/17 --auth-local peer --auth-host scram-sha-256 --no-instructions --encoding UTF8 --lc-collate en_US.UTF-8 --lc-ctype en_US.UTF-8 --locale-provider libc
The files belonging to this database system will be owned by user "postgres".
This user must also own the server process.
The database cluster will be initialized with locale "en_US.UTF-8".
The default text search configuration will be set to "english".
Data page checksums are disabled.
fixing permissions on existing directory /data/postgresdb/17 ... ok
creating subdirectories ... ok
selecting dynamic shared memory implementation ... posix
selecting default "max_connections" ... 100
selecting default "shared_buffers" ... 128MB
selecting default time zone ... Etc/UTC
creating configuration files ... ok
running bootstrap script ... ok
performing post-bootstrap initialization ... ok
syncing data to disk ... ok
Warning: systemd does not know about the new cluster yet. Operations like "service postgresql start" will not handle it. To fix, run:
sudo systemctl daemon-reload
Copying old configuration files...
Copying old start.conf...
Copying old pg_ctl.conf...
Starting new cluster...
Notice: extra pg_ctl/postgres options given, bypassing systemctl for start operation
Running init phase upgrade hook scripts ...
Roles, databases, schemas, ACLs...
set_config
------------
(1 row)
set_config
------------
(1 row)
Fixing hardcoded library paths for stored procedures...
Upgrading database postgres...
Fixing hardcoded library paths for stored procedures...
Upgrading database template1...
Stopping target cluster...
Stopping old cluster...
Disabling automatic startup of old cluster...
Starting upgraded cluster on port 5432...
Warning: the cluster will not be running as a systemd service. Consider using systemctl:
sudo systemctl start postgresql@17-main
Running finish phase upgrade hook scripts ...
vacuumdb: processing database "postgres": Generating minimal optimizer statistics (1 target)
vacuumdb: processing database "template1": Generating minimal optimizer statistics (1 target)
vacuumdb: processing database "postgres": Generating medium optimizer statistics (10 targets)
vacuumdb: processing database "template1": Generating medium optimizer statistics (10 targets)
vacuumdb: processing database "postgres": Generating default (full) optimizer statistics
vacuumdb: processing database "template1": Generating default (full) optimizer statistics
Success. Please check that the upgraded cluster works. If it does,
you can remove the old cluster with
pg_dropcluster 16 main
Ver Cluster Port Status Owner Data directory Log file
16 main 5433 down postgres /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
Ver Cluster Port Status Owner Data directory Log file
17 main 5432 online postgres /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
* Reload the systemd again:
```
sudo systemctl daemon-reload
```
* List the clusters to show the state:
```
pg_lsclusters
```
Expected output:
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5433 down <unknown> /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
17 main 5432 online <unknown> /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
~> **Notes:**
* Don't worry about the <unknown> output of the "Owner" column.
* Note how the old 16 cluster has automatically gone into status "down" after the migration.
---
* Stop the version 17 cluster using the `pg_ctlcluster` tool, to then be able to run it and manage it with `systemd`:
```
sudo pg_ctlcluster 17 main stop
```
* List the clusters again to show the state:
```
pg_lsclusters
```
Expected output:
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5433 down <unknown> /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
17 main 5432 down <unknown> /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
**~>** Note how the version 17 cluster has gone into status "down".
* Start the version 17 cluster with systemd:
```
sudo systemctl start postgresql@17-main
```
* Monitor the logs of the PostgreSQL version 17 cluster to ensure that it working fine with `systemd`:
```
journalctl -fu postgresql@17-main
```
Expected output:
```
minibolt systemd[1]: Starting PostgreSQL Cluster 17-main...
minibolt systemd[1]: Started PostgreSQL Cluster 17-main.
```
~ > Press `Ctrl + C` to continue.
* List the clusters again to show the state:
```
pg_lsclusters
```
Expected output:
```
Ver Cluster Port Status Owner Data directory Log file
16 main 5433 down <unknown> /data/postgresdb/16 /var/log/postgresql/postgresql-16-main.log
17 main 5432 online <unknown> /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
**~>** Note how the version 17 cluster has come back into the status "online".
* Delete the version 16 (old and disused) cluster:
```
sudo pg_dropcluster 16 main
```
* List again the clusters to check the correct deletion:
```
pg_lsclusters
```
Expected output:
```
Ver Cluster Port Status Owner Data directory Log file
17 main 5432 online <unknown> /data/postgresdb/17 /var/log/postgresql/postgresql-17-main.log
```
**~>** Note how it no longer appears version 16 (old and disused) cluster.
**Check the PostgreSQL server version in use**
* With the user `admin`, enter the psql (PostgreSQL CLI):
```
sudo -u postgres psql
```
* Enter the next command to get the server version:
```
SELECT version();
```
Example of expected output:
```
version
-----------------------------------------------------------------------------------------------------------------------------------
PostgreSQL 17.2 (Ubuntu 17.2-1.pgdg22.04+1) on x86_64-pc-linux-gnu, compiled by gcc (Ubuntu 11.4.0-1ubuntu1~22.04) 11.4.0, 64-bit
(1 row)
```
**~ >** Check the previous version in use is now PostgreSQL 17.2 (the latest and current version of the PostgreSQL server at this moment).
* Come back to the `admin` user bash prompt:
```
\q
```
* Start again the PostgreSQL dependencies services:
```
sudo systemctl start lnd nbxplorer btcpay thunderhub scb-backup nostr-relay cloudflared
```
~ > Check all works fine with the logs of each service, especially **lnd** ~ > `journalctl -fu lnd`.
* **(Optional)** Once you have verified that everything is working correctly, you can delete the created PostgreSQL backup and temporary directory:
```
sudo rm -rf /tmp/postgresdb-temp
```
* Delete unnecessary packages:
```
sudo apt autoremove
```
~ > Press "y" and ENTER when needed or ENTER directly when the prompts ask you.
---
✅ That's it! If you have any questions or issues, you can go to any RRSS available for the MiniBolt project ~ > [HERE](https://minibolt.minibolt.info/#community) < ~
---
Only for MiniBolters! Enjoy it! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:39:47
~ > **Check out the steps to get this** ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#dot-doh--dnssec) < ~
**Note:** for different reasons, it is recommended choosing [Option 1: DoT & DNSSEC using systemd-resolved](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-1-use-dot-and-dnssec-validation-with-systemd-resolved), but you could want to use [Option 2](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-2-use-doh-with-cloudflared-proxy-dns), choose behind your criteria, both are valid to achieve the same objective.
-----------
Some more changes were released recently in other places of the MiniBolt guide, check the full release notes:
#### **Full release notes**
~ > [Static IP & custom DNS servers](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers) bonus guide:
- Adds custom DNS server suggestions.
- Adds different steps to check the changes after configurations.
- Deleted some unnecessary steps.
- Fix some nits.
---
~ > Modifications on [Configuration](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#configuration) (`bitcoin.conf`) of [Bitcoin Core](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client):
- Replace proxy value parameter to use UNIX domain socket (`proxy=unix:/run/tor/socks`) | (recently [enabled](https://github.com/bitcoin/bitcoin/pull/27375) on Bitcoin Core v28).
- Replace `startupnotify=chmod g+r /home/bitcoin/.bitcoin/.cookie` to `rpccookieperms=group` [Bitcoin Core PR](https://github.com/bitcoin/bitcoin/pull/28167).
- Adds another special bind address to listen to incoming connections from Tor (`bind=127.0.0.1=onion`) | (recently [changed](https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-28.0.md#p2p-and-network-changes) on Bitcoin Core v28).
- Modified [systemd service](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#create-systemd-service) to improve the startup and shutdown process.
**Note:** remember to restart Bitcoin Core and reload the systemd with `sudo systemctl daemon-reload` to apply changes.
---
~ > Delete unnecessary parameters of the [systemd service](https://minibolt.minibolt.info/lightning/lightning/lightning-client#create-systemd-service) of [Lightning client](https://minibolt.minibolt.info/lightning/lightning/lightning-client).
**Note:** remember to reload the systemd with `sudo systemctl daemon-reload` to apply changes.
---
~ > **Others:**
- New [i2pd webconsole](https://minibolt.minibolt.info/system/system/privacy#access-to-the-i2pd-webconsole) section.
- Adds a new ["Validation"](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#validation) subsection to the guides to clarify when checks begin.
- New "[Use the Tor proxy from another device](https://minibolt.minibolt.info/system/system/privacy#use-the-tor-proxy-from-another-device)" section.
- Adds Electrs [compatible with Testnet4](https://minibolt.minibolt.info/bonus-guides/bitcoin/minibolt-on-testnet#bitcoin-electrs) on Testnet bonus guide.
- Adds how to build a [Guard/Middle relay](https://minibolt.minibolt.info/bonus-guides/system/tor-services#guard-middle-relay) section on "Tor services: bridges & relays" bonus guide.
- Adds [Extras (optional)](https://minibolt.minibolt.info/bonus-guides/system/tor-services#extras-optional) section to "Tor services: bridges & relays" bonus guide with different utilities like install Nyx, how to "Limit bandwidth" and others.
- Changed [Electrs](https://minibolt.minibolt.info/bonus-guides/bitcoin/electrs) ports to enable simultaneous mode with Fulcrum.
- [Updated aliases](https://minibolt.minibolt.info/bonus-guides/system/aliases#upgrades) list to include news additions in line with updates.
- Updated the [Networkmap](https://bit.ly/minibolt-ramix_netmap) resource to include news additions in line with updates and migrate to a dynamic visual mode.
- Reorganized some menu items and sections to improve the UX and make more sense in the face of the future.
- Restructure and rename the "Tor obfs4 bridge" bonus guide to ["Tor services: bridges & relays"](https://minibolt.minibolt.info/bonus-guides/system/tor-services) and modify it to run the obfs4bridge, relays, and the master, in separate instances.
- Hidden [NYM mixnet](https://minibolt.minibolt.info/bonus-guides/system/nym-mixnet) and [Sparrow server](https://minibolt.minibolt.info/bonus-guides/bitcoin/sparrow-server) bonus guides from the menus due to disuse or poor performance. **Note:** it will continue to be maintained later if the situation changes due to the development of the associated software.
- Bump version of various services.
---
~ > **Coming soon...**
- Enable DNSSEC for your domain using Cloudflare + Namecheap.
- Enable DoH on:
- Desktop/Android browser (Windows/Linux).
- OS: Windows 11 // Linux ([Completed](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-2-use-doh-with-cloudflared-proxy-dns) ✅)
- Router.
- Enable DoT on:
- Android OS.
- OS: Windows 11 // Linux ([Completed](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-1-use-dot-and-dnssec-validation-with-systemd-resolved) ✅) with DNSSEC verification included.
- Router.
---
Enjoy it MiniBolter!💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:33:28
---
**CHECK OUT at** ~ > **[ramix.minibolt.info](https://ramix.minibolt.info)** < ~
---
**Main changes:**
* **Adapted to Raspberry Pi 5**, with the possibility of using internal storage: a PCIe to M.2 adapter + SSD NVMe:
> *Connect directly to the board, **remove the instability issues** with the USB connection, and unlock the ability to enjoy **higher transfer speeds***
* **Based on Debian 12** (Raspberry Pi OS Bookworm - 64-bit).
* **Updated all services** that have been tested until now, to the latest version.
* Same as the MiniBolt guide, changed I2P, Fulcrum, and ThunderHub guides, to be **part of the core guide**.
* **All UI & UX improvements in the MiniBolt guide** are included.
* Fix some links and wrong command issues.
* Some existing guides have been improved to **clarify the following steps**.
---
**Important notes:**
* The RRSS will be the same as the MiniBolt original project (for now) | More info
-> [HERE](https://ramix.minibolt.info/#community) <-
* The common resources like the [Roadmap](https://github.com/orgs/minibolt-guide/projects/1) or [Networkmap](https://bit.ly/minibolt-ramix_netmap) have been merged and will be used together | Check -> [HERE](https://ramix.minibolt.info/#resources) <-
* The attempt to upgrade from Bullseye to Bookworm (RaspiBolt to RaMiX migration) has failed due to **several difficult-to-resolve dependency conflicts**, so unfortunately, there will be no dedicated migration guide and **only the possibility to start from scratch** ☹️
⚠️ **Attention**‼️-> This guide is in the WIP (work in progress) state and hasn't been completely tested yet. Many steps may be incorrect. Pay special attention to the "**Status: Not tested on RaMiX**" tag at the beginning of the guides. Be careful and act behind your responsibility.
---
For Raspberry Pi lovers!❤️🍓
Enjoy it RaMiXer!! 💜
---
By [⚡2FakTor⚡](nostr:npub1k9luehc8hg3c0upckdzzvusv66x3zt0eyw7290kclrpsndepz92sfcpp63) for the plebs with love ❤️🫂
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:30:13
~ > Available at: [https://minibolt.info](https://minibolt.info)
---
~> It builds on a personal computer with **x86/amd64** architecture processors.
~> It is based on the popular [RaspiBolt v3](https://raspibolt.org) guide.
---
**Those are some of the most relevant changes:**
* Changed OS from Raspberry Pi OS Lite (64-bits) to ***Ubuntu Server LTS*** (Long term support) 64-bit PC (AMD64).
* Changed binaries and signatures of the programs to adapt them to ***x86/amd64 architecture***.
* Deleted unnecessary tools and steps, and added others according to this case of use.
* Some useful authentication logs and monitoring commands were added in the security section.
* Added some interesting parameters in the settings of some services to activate and take advantage of new features.
* Changed I2P, Fulcrum, and ThunderHub guides, to be part of the core guide.
* Added exclusive optimization section of services for slow devices.
---
~ > Complete release notes of the MiniBolt v1: [https://github.com/twofaktor/minibolt/releases/tag/1.0](https://github.com/twofaktor/minibolt/releases/tag/1.0).
~ > Feel free to contribute to the [source code on GitHub](https://github.com/minibolt-guide/minibolt) by opening [issues](https://github.com/minibolt-guide/minibolt/issues), [pull requests](https://github.com/minibolt-guide/minibolt/pulls) or [discussions](https://github.com/orgs/minibolt-guide/discussions).
---
Created by [⚡2 FakTor⚡](nostr:npub1k9luehc8hg3c0upckdzzvusv66x3zt0eyw7290kclrpsndepz92sfcpp63)
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:22:51
😱 Did you recently find this signature verification error when you tried to update your MiniBolt repositories with -> `sudo apt update`? 💥🚨👇
![](https://blossom.minibolt.info/f8f1adfb88507d39c41ae6b12f6d3fa391d6d53e8d8fbe66f2d4b1dcb3720bad.jpeg)
🔧 Don't worry, that's because Tor renewed its signing key since it expired last 07/15, just renew your keyring by following the next steps to solve this problem:
~ > [CLICK HERE](https://minibolt.minibolt.info/system/system/privacy#tor-signature-verification-error) < ~
---
Enjoy it MiniBolter!💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:10:10
**Link to the bonus guide** ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/bitcoin/minibolt-on-testnet) <~
---
Some notes:
ℹ️ For the moment, this guide will touch only the case of an **only testnet mode** situation, in the future, we will study adding the case of configuration to enable the parallel/simultaneous mode (mainnet+testnet in the same device) in an extra section in this guide.
ℹ️ The services mentioned in this guide are those that have been tested using testnet configuration and these worked fine. Later, in the next versions of this guide, we will go to adding other processes to adapt other services to the testnet mode.
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 18:04:28
Available at: [https://minibolt.info](https://minibolt.info)
---
**Main changes to** the version 1:
* The complete guide has been migrated to the new design visual builder web tool platform [gitbook.com](https://www.gitbook.com/)
* New modern UI (responsive, full width, and better visual items)
* New menu structure for a better user experience
* New visual items to improve the navigation through the web page
* New switch to enable light/dark theme
* Enabled Cloudflare Proxy for maximum protection against attacks and better management of the domain
---
**Other changes:**
* New [MiniBolt Linktr](https://linktr.minibolt.info/) forked of the alternative [FOSS project](https://github.com/gzuuus/linktr) proposed by [Gzuuus](https://twitter.com/gzuuus)
* Changed MiniBolt from a personal project to an [organization](https://github.com/minibolt-guide) so that the project has its own identity
* New email contact address [hello@minibolt.info](mailto:hello@minibolt.info) to receive proposals and give support
* New [resources](https://github.com/minibolt-guide/minibolt/tree/main/resources) folder with the current MiniBolt roadmap, network map diagrams, and others
---
ℹ️ **More info:**
* The new version is available with the known domain: [minibolt.info](https://minibolt.info/) but from now on links associated with the new v2 version were shared using the [v2.minibolt.info](https://v2.minibolt.info/) subdomain due to a GitBook limitation
* The old and deprecated v1 will be still available at a time in the subdomain [v1.minibolt.info](https://v1.minibolt.info/), but is in the roadmap delete it definitely in the future, take note ASAP of all that you need of that version before this happens
* Contributors and collaborators will be able to continue doing PR through code programming or using the design block builder [gitbook.com](https://www.gitbook.com/)
---
[GitHub release](https://github.com/minibolt-guide/minibolt/releases/tag/2.0)
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:58:35
The **router reserves the IP address** of the device **for a time after going out**, but if the device goes out some time, the next time that the device starts, the router could assign a different IP and you could lose access to your node. To avoid this, you need to **set a static IP to your MiniBolt**.
~ > In addition, you can **customize your DNS servers to improve your privacy**, normally your ISP, gives you the router with its own DNS servers set by default, and this does that you expose all of your navigation trackings to your ISP, affecting seriously your privacy.
~ > This bonus guide includes all of the necessary steps to get this and is available ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers) < ~
---
![GIF example of a Static IP & custom DNS server configuration](https://blossom.minibolt.info/e14da906324d98d7f7458f309041672d7a3dddc1acc8a12249a7aea81aad7165.gif)
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:47:28
Link to the bonus guide ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/system/ssh-keys) < ~
---
Some sections of the guide:
* Generate SSH keys
* Import SSH pubkey
* Connect to the MiniBolt node using SSH keys
* Disable password login
* Disable admin password request
---
Some shortcuts to the Extra sections:
* Disable password login: click ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/system/ssh-keys#disable-password-login) < ~
* Disable admin password request: click ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/system/ssh-keys#disable-admin-password-request-caution) < ~
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:39:34
**Link to the bonus guide** ~ > [HERE](https://minibolt.minibolt.info/bonus-guides/bitcoin/ordisrespector) < ~
---
⏰ Recently added an update that includes a new section **[How to detect Ordinals transactions](https://minibolt.minibolt.info/bonus-guides/bitcoin/ordisrespector#how-to-detect-ordinals-transactions) and [verify Ordisrespector filter works](https://minibolt.minibolt.info/bonus-guides/bitcoin/ordisrespector#check-the-ordisrespector-filter-working-on-your-mempool)** to verify that Ordispector is **filtering and burning Ordinals** correctly 🔥
---
Fuck Ordinals🤡🔫 and enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:29:54
Some sections inside of the guide:
* Set up Dynamic DNS
* Wireguard VPN server & client side configurations
* Install & configure the WireGuard VPN Client on a mobile phone
* Configure additional servers & clients
* Use your router’s DDNS preconfigured provider
* Port forwarding on NAT/PAT router
---
Link to the bonus guide [HERE](https://minibolt.minibolt.info/bonus-guides/system/wireguard-vpn)
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:19:12
Do you want to use a different disk to store data (blockchain and other databases) independently of the disk of the system?
A step-by-step guide using a secondary disk to store the data (blockchain and other databases) independently of the disk of the system and using the Ubuntu Server guided installation.
---
### **What's changed**
* Rebuilt the [Ubuntu Server installation guide](https://minibolt.minibolt.info/system/system/operating-system#ubuntu-server-installation) based on this bonus guide added.
* Added GIFs to improve the illustration of the steps to follow.
* [Case 1](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-1-at-the-beginning-during-the-ubuntu-server-installation-gui): during the Ubuntu server guided installation.
* [Case 2](https://minibolt.minibolt.info/bonus-guides/system/static-ip-and-custom-dns-servers#option-2-after-ubuntu-server-installation-by-command-line): build it after system installation (by command line).
---
~ > Link to the bonus guide [HERE](https://minibolt.minibolt.info/bonus-guides/system/store-data-secondary-disk)
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:07:47
**Link to the bonus guide** ~> [HERE](https://minibolt.minibolt.info/bonus-guides/bitcoin/btcpay-server) < ~
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 17:02:21
The past 26 August, Tor [introduced officially](https://blog.torproject.org/introducing-proof-of-work-defense-for-onion-services/) a proof-of-work (PoW) defense for onion services designed to prioritize verified network traffic as a deterrent against denial of service (DoS) attacks.
~ > This feature at the moment, is [deactivate by default](https://gitlab.torproject.org/tpo/core/tor/-/blob/main/doc/man/tor.1.txt#L3117), so you need to follow these steps to activate this on a MiniBolt node:
* Make sure you have the latest version of Tor installed, at the time of writing this post, which is v0.4.8.6. Check your current version by typing
```
tor --version
```
**Example** of expected output:
```
Tor version 0.4.8.6.
This build of Tor is covered by the GNU General Public License (https://www.gnu.org/licenses/gpl-3.0.en.html)
Tor is running on Linux with Libevent 2.1.12-stable, OpenSSL 3.0.9, Zlib 1.2.13, Liblzma 5.4.1, Libzstd N/A and Glibc 2.36 as libc.
Tor compiled with GCC version 12.2.0
```
~ > If you have v0.4.8.X, you are **OK**, if not, type `sudo apt update && sudo apt upgrade` and confirm to update.
* Basic PoW support can be checked by running this command:
```
tor --list-modules
```
Expected output:
```
relay: yes
dirauth: yes
dircache: yes
pow: **yes**
```
~ > If you have `pow: yes`, you are **OK**
* Now go to the torrc file of your MiniBolt and add the parameter to enable PoW for each hidden service added
```
sudo nano /etc/tor/torrc
```
Example:
```
# Hidden Service BTC RPC Explorer
HiddenServiceDir /var/lib/tor/hidden_service_btcrpcexplorer/
HiddenServiceVersion 3
HiddenServicePoWDefensesEnabled 1
HiddenServicePort 80 127.0.0.1:3002
```
~ > Bitcoin Core and LND use the Tor control port to automatically create the hidden service, requiring no action from the user. We have submitted a feature request in the official GitHub repositories to explore the need for the integration of Tor's PoW defense into the automatic creation process of the hidden service. You can follow them at the following links:
* Bitcoin Core: https://github.com/lightningnetwork/lnd/issues/8002
* LND: https://github.com/bitcoin/bitcoin/issues/28499
---
More info:
* https://blog.torproject.org/introducing-proof-of-work-defense-for-onion-services/
* https://gitlab.torproject.org/tpo/onion-services/onion-support/-/wikis/Documentation/PoW-FAQ
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:56:24
It turns out that Ubuntu Linux installations of Ubuntu 23.04, 22.04.3 LTS, and installs done since April 2023 that accepted the Snap version update haven't been following Ubuntu's own recommended security best practices for their security pocket configuration for packages.
A new Subiquity release [was issued](https://github.com/canonical/subiquity/releases/tag/23.09.1) to fix this problem while those on affected Ubuntu systems already installed are recommended to manually edit their `/etc/apt/sources.list` file.
If you didn't install MiniBolt recently, **you are affected by this bug**, and we need to fix that manually if not we want to install all since cero. Anyway, if you installed Minibolt recently, we recommend you review that.
Follow these easy steps to review and fix this:
* Edit the `sources-list` file:
```
sudo nano /etc/apt/sources.list
```
* Search now for every line that includes '-security' (without quotes) (normally at the end of the file) and change the URL to --> http://security.ubuntu.com/ubuntu
~ > For example, from http://es.archive.ubuntu.com/ubuntu (or the extension corresponding to your country) to --> http://security.ubuntu.com/ubuntu
~> Real case, Spain location, **before fix**:
```
deb http://es.archive.ubuntu.com/ubuntu jammy-security main restricted
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security main restricted
deb http://es.archive.ubuntu.com/ubuntu jammy-security universe
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security universe
deb http://es.archive.ubuntu.com/ubuntu jammy-security multiverse
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security multiverse
```
**After fix:**
```
deb http://security.ubuntu.com/ubuntu jammy-security main restricted
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security main restricted
deb http://security.ubuntu.com/ubuntu jammy-security universe
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security universe
deb http://security.ubuntu.com/ubuntu jammy-security multiverse
# deb-src http://es.archive.ubuntu.com/ubuntu jammy-security multiverse
```
**Save and exit**
**Note:** If you have already these lines changed, you are not affected by this bug, and is not necessary to do anything. Simply exit the editor by doing Ctrl-X
* Finally, type the next command to refresh the repository pointers:
```
sudo apt update
```
* And optionally take the opportunity to update the system by doing:
```
sudo apt full-upgrade
```
More context:
* https://wiki.ubuntu.com/SecurityTeam/FAQ#What_repositories_and_pockets_should_I_use_to_make_sure_my_systems_are_up_to_date.3F
* https://bugs.launchpad.net/subiquity/+bug/2033977
* https://www.phoronix.com/news/Ubuntu-Security-Pocket-Issue
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:49:27
### **What's changed**
* New method for Bitcoin Core signature check, click ~ >[HERE](https://minibolt.minibolt.info/bitcoin/bitcoin/bitcoin-client#signature-check)< ~
* GitHub repo of Bitcoin Core release attestations (Guix), click ~ >[HERE](https://github.com/bitcoin-core/guix.sigs)< ~
---
**History:**
~ > PR that caused the broken and obsolescence of the old signature verification process, click ~ >[HERE](https://github.com/bitcoin/bitcoin/pull/26598)< ~
~ > New GitHub folder of Bitcoin Core repo that stores the signatures, click ~ >[HERE](https://github.com/bitcoin-core/guix.sigs/tree/main/builder-keys)< ~
---
Thanks to nostr:npub1gzuushllat7pet0ccv9yuhygvc8ldeyhrgxuwg744dn5khnpk3gs3ea5ds for building the command that made magic possible 🧙♂️🧡
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:40:01
### **Important notice to MiniBolt node runners:**
~ > It turns out that the I2P devs have opened an issue on the Bitcoin Core GitHub repo commenting that because they gave the option to enable the `notransit=true` parameter in the official documentation:
> [...] If you prefer not to relay any public I2P traffic and only allow I2P traffic from programs connecting through the SAM proxy, e.g. Bitcoin Core, you can set the no transit option to true [...] are having a heavy load on the I2P network since last December 19. Also comment that it is advisable to share as much bandwidth and transit tunnels as we can, to increase anonymity with coverage traffic, by contributing more to the I2p network than we consume.
So they ask that we deactivate that option that you use activated. With all this, he already updated the "Privacy" section by removing that setting.
The steps to delete this configuration once we have already configured it, are the following:
* With the "admin" user, stop i2pd:
```
sudo systemctl stop i2pd
```
* Comment line 93 with "#" at the beginning of it (notransit = true), save and exit
```
sudo nano /var/lib/i2pd/i2pd.conf --line numbers
```
* Start i2pd again:
```
sudo systemctl start i2pd
```
* And that's it, you could take a look at Bitcoin Core to see that it has detected i2pd running again after the reboot with:
```
tail --lines 500 -f /home/bitcoin/.bitcoin/debug.log
```
~ > If you don't see that I2P is up in Bitcoin Core after the restart, `sudo systemctl restart bitcoind` and look again at the logs of the same.
---
More info in the rollback commit, see ~> [HERE](https://github.com/twofaktor/minibolt/commit/99cae67a5150bb5b7deae3674cc958eb31c74a75) < ~
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:30:11
> Your MiniBolt is on a home local network, you want to expose it on the public Internet (clearnet) without exposing your public IP, without Firewall rules, without NAT port forwarding, without risk, easy and cheap?
---
Go to the bonus guide by clicking ~ >[HERE](https://minibolt.minibolt.info/bonus-guides/system/cloudflare-tunnel) <~
---
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:23:44
> Build your nostr relay step by step on your MiniBolt node! (**easily adaptable to other environment**)
No need to trust anyone else! Be sovereign!
~> Go to the bonus guide by clicking ~> [HERE](https://minibolt.minibolt.info/bonus-guides/nostr/nostr-relay)< ~
~> This guide includes a complete [extra section](https://minibolt.minibolt.info/bonus-guides/nostr/nostr-relay#extras-optional) to cover the different processes for using nostr **as a user and relay operator**.
---
PS: The MiniBolt project has its FREE relay, be free to connect by adding to your favorite client the next address: `wss://relay.minibolt.info`
~> Let a review on [noStrudel](https://nostrudel.ninja/#/r/wss%3A%2F%2Frelay.minibolt.info) or [Coracle](https://coracle.social/relays/relay.minibolt.info) of your experience using it.
---
Remember, Nostr is freedom! Stay resilient! 💜 🛡️💪
-
![](/static/nostr-icon-purple-64x64.png)
@ b17fccdf:b7211155
2025-01-21 16:15:51
### What's changed
A bonus guide to get a quick overview of the system status with the most relevant data about the services on the main guide.
-----------
#### ➕Additional extra sections (optional) to:
* [Show on login](https://minibolt.minibolt.info/bonus-guides/system/system-overview#show-on-login-optional)
* [Get the channel.db size of an old LND bbolt database backend](https://minibolt.minibolt.info/bonus-guides/system/system-overview#get-the-channel.db-size-of-an-old-lnd-bbolt-database-backend)
* [Use MobaXterm compatibility version](https://minibolt.minibolt.info/bonus-guides/system/system-overview#use-the-mobaxterm-compatibility-version)
🔧 **GitHub PR related**: https://github.com/minibolt-guide/minibolt/pull/97
Σ **Dedicated GitHub repository**: https://github.com/minibolt-guide/system_overview
-----------
#### 🫂Acknowledgments
This is a fork of the [minibolt_info repository](https://github.com/rmnscb/minibolt_info), the main developer of this project is [rmnscb](https://github.com/rmnscb), a member of the MiniBolt community, all the merits go to him. Thank you for your contribution 🧡🫂
-----------
-> [CLICK HERE](https://minibolt.minibolt.info/bonus-guides/system/system-overview) <- to go to the bonus guide
-----------
Enjoy it MiniBolter! 💙
-
![](/static/nostr-icon-purple-64x64.png)
@ a012dc82:6458a70d
2025-01-21 13:47:17
In the annals of treasure hunting, tales of sunken galleons and buried chests have given way to a new narrative—one that unfolds in the digital realm. The U.S. Government, traditionally associated with the physical might of gold reserves in Fort Knox, has inadvertently entered the arena of cryptocurrency by amassing a staggering $5 billion in Bitcoin. This digital fortune, however, was not amassed through investment or mining efforts but rather through the seizure of assets from the darker corners of the internet. As we stand at the crossroads of finance and technology, this cache of Bitcoin opens up a Pandora's box of possibilities and challenges that could redefine the economic landscape of tomorrow.
**Table Of Content**
- A Digital Fort Knox
- The Origins of the Cache
- The Dilemma of Liquidation
- Potential Paths Forward
- The Impact on the Future of Currency
- Conclusion
- FAQs
**A Digital Fort Knox**
Imagine a vault, not of steel and stone, but of complex cryptographic algorithms, housing a vast sum of Bitcoin equivalent to the wealth of small nations. This digital Fort Knox does not require armed guards or thick walls but instead relies on the impenetrable nature of blockchain technology. The U.S. Government's acquisition of such a significant amount of Bitcoin is a testament to the changing nature of value and wealth in the 21st century. Each Bitcoin in this modern trove was once part of illicit transactions, flowing through the veins of the internet until it was intercepted by the vigilant efforts of federal agencies. The narrative of each coin is a digital ledger, chronicling a journey from the shadowy fringes of the web to the secure wallets of the government.
**The Origins of the Cache**
The backstory of the government's Bitcoin collection is not one of serendipity but of strategic cyber sleuthing and legal might. It is a modern saga of law enforcement adapting to the challenges posed by the digital age. Federal agencies, armed with court orders and cutting-edge technology, have traced the movement of these digital assets through the blockchain, unraveling complex webs of transactions that lead to the criminal enterprises operating in the darknet markets. Each seizure represents a battle won in the ongoing war against cybercrime, with the confiscated Bitcoin serving as both evidence of victory and the spoils of war.
**The Dilemma of Liquidation**
The government's Bitcoin cache presents a unique conundrum: to liquidate or not to liquidate? This decision is fraught with economic implications, akin to a game of high-stakes poker where the government's hand could influence the entire table. A sudden influx of $5 billion worth of Bitcoin into the market could trigger a tidal wave of volatility, potentially devaluing the currency and destabilizing the fragile ecosystem of digital assets. The government must navigate these waters with a blend of economic savvy and strategic foresight, ensuring that any decision made is in the best interest of not just the immediate financial landscape but also the long-term viability of cryptocurrencies.
**Potential Paths Forward**
The government stands at the helm, charting a course through uncharted waters with its Bitcoin bounty. The options are as varied as they are complex. Holding onto the Bitcoin could be seen as an endorsement of its value, a digital reserve akin to the gold of yesteryear. Alternatively, a measured approach to selling the Bitcoin could be employed, releasing it into the market in a controlled manner to mitigate any negative impacts. There's also the innovative possibility of integrating Bitcoin into the government's financial transactions, embracing the very currency that was once shunned by the establishment.
**The Impact on the Future of Currency**
The U.S. Government's handling of this Bitcoin cache is not merely a financial decision; it is a statement on the future of currency itself. As the line between digital and fiat currencies blurs, the actions taken with this Bitcoin hoard could send ripples across the global economy. It could influence how governments around the world perceive and interact with digital assets, potentially ushering in a new era where cryptocurrency becomes a staple of economic policy and international trade.
**Conclusion**
The U.S. Government's Bitcoin cache is more than a collection of digital assets; it is a symbol of a new era in governance and economic strategy. The decisions made regarding this treasure will likely resonate through the annals of financial history, setting precedents for how nations interact with the burgeoning realm of digital currencies. As we delve deeper into this narrative, we realize that this treasure is not hidden but in plain sight, waiting to unlock a future where digital assets are as commonplace and as valuable as the gold once stored in the vaults of old.
**FAQs**
**How did the U.S. Government acquire $5 billion in Bitcoin?**
The U.S. Government seized this Bitcoin from various cybercriminal operations and darknet markets through legal and technological efforts by federal agencies.
**What is the significance of the government holding such a large amount of Bitcoin?**
This significant holding of Bitcoin by the government underscores the changing landscape of value and wealth, highlighting the increasing relevance of digital currencies in today's economy.
**What challenges does the government face with this Bitcoin cache?**
The government faces the challenge of deciding how to manage and potentially liquidate the Bitcoin without causing market disruption due to the currency's volatility.
**What are the potential strategies for the U.S. Government's Bitcoin cache?**
Strategies include holding the Bitcoin as a reserve asset, selling it off gradually to minimize market impact, or using it for government transactions and policy-making.
**How could the government's handling of the Bitcoin cache affect the future of currency?**
The government's approach to managing the Bitcoin cache could set a precedent for how digital assets are treated by national entities, potentially influencing the integration of cryptocurrencies into mainstream finance.
**That's all for today**
**If you want more, be sure to follow us on:**
**NOSTR: croxroad@getalby.com**
**X: [@croxroadnews.co](https://x.com/croxroadnewsco)**
**Instagram: [@croxroadnews.co](https://www.instagram.com/croxroadnews.co/)**
**Youtube: [@croxroadnews](https://www.youtube.com/@croxroadnews)**
**Store: https://croxroad.store**
**Subscribe to CROX ROAD Bitcoin Only Daily Newsletter**
**https://www.croxroad.co/subscribe**
*DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.*
-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-21 09:00:36
Warning:
*Use this at your own risk
Backup your files before using them in the software
Backup often, test your backup.
Verify and dry test your files before doing a production run*
I had to write this program
because rmdir was claiming not to have enough authorization
context nostr:note1l0u4pw5xp73eultr9nf5tgmlsgnv9q05wdqha4t6grd4699v74zssshm40
```perl
use strict;
use warnings;
use File::Path qw(remove_tree);
# Specify the directory to be deleted
my $directory = 'c:\\Users\\mydirectory\\mysubdirectory\\';
# Remove the directory
remove_tree($directory, {error => \my $err});
# Check for errors
if (@$err) {
foreach my $diag (@$err) {
my ($file, $message) = %$diag;
if ($file eq '') {
print "General error: $message\n";
} else {
print "Problem unlinking $file: $message\n";
}
}
} else {
print "Directory successfully deleted.\n";
}
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 75656740:dbc8f92a
2025-01-21 04:38:21
We spend too much time enthralled by even numbers. We can instantly
tell if a number is even or odd and often have preferences in the
matter. In grade school we memorize rules like
- An **even** plus an **even** is an **even**
- An **odd** plus an **odd** is an **even**
- An **even** plus an **odd** is and **odd**
And so forth to rules of multiplication. But this magical quality of
numbers really just means *evenly divisible by 2.* What is so special
about 2? Shouldn't we just as well care if a number is divisible by 3?
So I am introducing **threeven numbers** as all numbers divisible by
3.
0, 3, 6, 9, 12, 15, ...
are all threeven numbers. But what about numbers that aren't divisible
by 3? Numbers that are not divisible 2 are called *odd* so I guess
*throdd?*
There is, however, a slight problem. There seem to be more throdd
numbers than threeven numbers.
1, 2, 4, 5, 7, 8, 10, 11, 13, 14, ...
To solve that we need to think about what an odd number is. If an even
number is some number *n times 2* or *2n* then odd numbers are *2n +
1*
This gives a nice way to think about threeven numbers as well. Every
threeven is *3n* and a throdd is *3n + 1* and we need to introduce
throdder numbers as *3n + 2*. There isn't any reason that there should
only be two types of numbers. So instead of numbers that are divisible
by 2 and numbers that aren't, we have numbers that are divisible by 3,
numbers that are 1 greater than a multiple of three and numbers that
are 2 greater than a multiple of three.
To recap
- Threeven = *3n*
- Throdd = *3n + 1*
- Throdder = *3n + 2*
Now for handy rules of thumb.
- A **threeven** plus a **threeven** is a **threeven**
- A **threeven** plus a **throdd** is a **throdd**
- A **threeven** plus a **throdder** is a **throdder**
- A **throdd** plus a **throdd** is a **throdder**
- A **throdd** plus a **throdder** is a **threeven**
- A **throdder** plus a **throdder** is a **throdd**
And, for multiplication
- A **threeven** times a **threeven** is a **threeven**
- A **threeven** times a **throdd** is a **threeven**
- A **threeven** times a **throdder** is a **threeven**
- A **throdd** times a **throdd** is a **throdd**
- A **throdd** times a **throdder** is a **throdder**
- A **throdder** times a **throdder** is a **throdd**
This is just modular arithmetic and the same can be done for any integer *n*
*m mod n = 0*
Means *m* is an **nven** and there will be *n - 1* varieties of **nodd**
**Threeven**, however, is the most fun to say and makes the point nicely, there is no need to carry it further.
Note: it appears that I am not the first to have discovered threeven
numbers. And now you are stuck knowing about them as well.
-
![](/static/nostr-icon-purple-64x64.png)
@ 30b99916:3cc6e3fe
2025-01-21 02:08:26
## Details
- 🍳 Cook time: 10 to 8 minutes at 350
- 🍽️ Servings: About 4 dozen cookies
## Ingredients
- 2 sticks of butter
- 2 eggs
- 1 cup granulated sugar
- 1 cup brown sugar
- 1 cup peanut butter
- 1 t vanilla
- 2 cups flour
- 1/2 t salt
- 1 t soda
- 6 oz Semi-Sweet Chocolate chips (optional)
## Directions
1. Blend butter, eggs, vanilla and sugars together thoroughly
2. Next blend in peanut butter thoroughly
3. Next blend in flour, salt, and soda thoroughly
4. Optional blend in chocolate chips
5. Add about table spoon of cookie dough per cookie on a cookie sheet. With a fork based in sugar place a cross hatch pattern on each cookie. Bake cookies for 10 to 8 minutes and place onto cooler rack.
-
![](/static/nostr-icon-purple-64x64.png)
@ 85cd42e2:0e6f2173
2025-01-20 22:49:02
<img src="https://blossom.primal.net/eadba2f69da199a082e7f618aca85ba219b193cf08c89cc29aa298c82eb7c23d.jpg">
Solomon, Moses, and Melchizedek were worshipping, and an enchanting beast was underneath the throne, and its mouth was an abyss. A cunning angel worshiped near the three prophets and said to them, "Any who can satisfy the Beast at the Lord's feet will be blessed forever." \
\
The three prophets spoke among themselves and asked the angel, "What is the beast's name?" \
\
And the angel answered them, "She is called ‘Desire’." \
\
Solomon went before the Beast and it spoke and said, "I can only be satisfied by great treasure." Solomon was a man of great riches, so he cast all his vast empire into the mouth of the Beast, but it was not filled. The Beast said, "What a marvelous offering! There are many great treasures, but something else is needed. You are blessed, but you shall go away empty-handed." Solomon was impoverished but rejoiced. \
\
Moses went before the Beast, and the Beast spoke and said, "Do you have great treasure?" Moses was a mighty prophet, so he struck the earth with his staff and made a river of gold flow into the mouth of the Beast for eternity, but it was not filled. The Beast spoke and said, "Moses, you are cursed to gaze until this river fills my belly." And Moses was cursed to gaze
upon the abyss that could not be filled until the end of the age. \
\
Melchizedek went before the Beast, and the Beast spoke and said, "No matter what I eat, I am not satisfied." Melchizedek said, "I see that if a man gives all he has, you are not satisfied. I see that if a man gives you treasures without meaning, it is the same as offering dust and you will curse him. Thus, I will give you a portion of a treasure that has great worth." Melchizedek had two jewels called Urim and Thummim. He gave the black stone to the Beast, and the Beast didn't desire to eat Urim without Thummim. She did not consume the jewel but gazed upon it and desired its pair. The Beast spoke and said, "Give me the other stone." Melchizedek replied, "If I give you the other, you will consume both and we will have nothing between us. Let us make a covenant; If you will not bless me or curse me, but let me live in peace, I will give you Thummim at the end of time." The Beast agreed to Melchizedek's request and fashioned Urim into an amulet, and that amulet became the only possession of the Beast called Desire. Thus, Melchizedek subdued Desire by teaching her that satisfaction is not in consumption, stockpiling, or might. Satisfaction is found in treasure shared between two souls.
[#poetry](https://primal.net/search/%23poetry) [#writing](https://primal.net/search/%23writing) [#bitcoin](https://primal.net/search/%23bitcoin) [#literature](https://primal.net/search/%23literature) [#story](https://primal.net/search/%23story) [#stories](https://primal.net/search/%23stories) [#mythology](https://primal.net/search/%23mythology) [#books](https://primal.net/search/%23books)[#readstr](https://primal.net/search/%23readstr) [#grownostr](https://primal.net/search/%23grownostr) [#bookstr](https://primal.net/search/%23bookstr) [#fantasy](https://primal.net/search/%23fantasy) [#plebstr](https://primal.net/search/%23plebstr) [#readstr](https://primal.net/search/%23readstr) [#philosophy](https://primal.net/search/%23philosophy)[#art](https://primal.net/search/%23art) [#artst](https://primal.net/search/%23artst) [#family](https://primal.net/search/%23family) [#parenting](https://primal.net/search/%23parenting) [#plebianmarket](https://primal.net/search/%23plebianmarket) [#market](https://primal.net/search/%23market) [#zap](https://primal.net/search/%23zap) [#diy](https://primal.net/search/%23diy)[#nostrart](https://primal.net/search/%23nostrart) [#hodl](https://primal.net/search/%23hodl) [#proofofwork](https://primal.net/search/%23proofofwork) [#craft](https://primal.net/search/%23craft) [#artisans](https://primal.net/search/%23artisans) [#nashville](https://primal.net/search/%23nashville) [#market](https://primal.net/search/%23market) [#olas](https://primal.net/search/%23olas)[#artwork](https://primal.net/search/%23artwork) [#digitalart](https://primal.net/search/%23digitalart) [#buyintoart](https://primal.net/search/%23buyintoart) [#dadlife](https://primal.net/search/%23dadlife) [#smallbusiness](https://primal.net/search/%23smallbusiness) [#education](https://primal.net/search/%23education)[#kidsbook](https://primal.net/search/%23kidsbook) [#gift](https://primal.net/search/%23gift) [#gm](https://primal.net/search/%23gm) [#artist](https://primal.net/search/%23artist) [#introductions](https://primal.net/search/%23introductions) [#wisdom](https://primal.net/search/%23wisdom)
-
![](/static/nostr-icon-purple-64x64.png)
@ bcea2b98:7ccef3c9
2025-01-20 22:02:45
![](https://m.stacker.news/73894)
originally posted at https://stacker.news/items/857857
-
![](/static/nostr-icon-purple-64x64.png)
@ f3b691eb:aa9a5c31
2025-01-20 20:32:23
Not all coffee roasts are created equal. The way coffee is roasted significantly impacts its flavor, aroma, and overall quality. Let’s dive deeper into the differences between drum roasting and air roasting—and why air roasting might just change the way you experience coffee.
Drum Roasting: The Traditional Approach
Drum roasting involves placing coffee beans into a rotating drum that’s heated from below. This method has been around for centuries and is popular among many large-scale roasters. However, it comes with some challenges:
Uneven Heat Distribution: Beans rest against the hot drum surface, leading to inconsistent roasting. Some beans may scorch, while others roast unevenly.
Residual Chaff: The outer skin of the coffee bean, called chaff, remains in the drum during roasting. If not properly removed, it can burn and contribute to bitter or smoky flavors.
Slower Process: Drum roasting can take longer, which can risk over-roasting and muting the coffee’s unique flavor notes.
While drum roasting is widely used, it often requires an experienced hand to avoid these pitfalls and deliver a high-quality roast.
Air Roasting: The Modern Revolution
Air roasting, also known as fluid-bed roasting, uses a stream of hot air to roast coffee beans. This method creates a perfectly balanced environment where beans are suspended and roasted evenly. The results? Pure, unadulterated flavor. Here’s why air roasting is superior:
Even Roasting: With no direct contact with hot surfaces, beans are roasted uniformly, ensuring consistent flavor throughout every batch.
Cleaner Taste: Chaff is blown away during the roasting process, preventing it from burning and leaving behind off-putting bitterness.
Enhanced Flavors: Air roasting preserves the coffee’s natural flavor notes, highlighting the bright, clean, and vibrant characteristics of each bean.
Faster Roasting: The shorter roasting time minimizes over-cooking and delivers a fresher, more aromatic cup of coffee.
Air roasting isn’t just a method—it’s an art. By focusing on the bean’s intrinsic qualities, it elevates your coffee experience to a whole new level.
Try Micro-Batch Air Roasted Coffee
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Make the switch to air roasting and discover coffee the way it’s meant to taste. Your mornings will never be the same! 🚀
#coffee #coffeechain #fffcoffee
originally posted at https://stacker.news/items/857770
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@ f527cf97:65e232ee
2025-01-20 20:22:45
Our modern civilization comes with a lot of amenities and luxuries for all. When Christopher Columbus brought the potato from America to the Spanish royal court, it was a luxury vegetable reserved only for the nobility. Today, potatoes are thrown at anyone who has 1-2 Dollars or Euros. The same applies to chocolate. Once a luxury good, it now costs only a few Cents. We live in luxury, just like kings did a few centuries ago.
But all this has a price.
Allah ﷻ says in the Quran that he sent "manna and quails from above" to the people of Musā (Moses) عَلَیهِالسَّلام (Surah 2, Ayah 57 and Surah 7, Ayah 160), after they escaped from Pharaoh and fled from Egypt into the desert.
Manna is a food described in the Quran and the Bible as a gift from God to the people of Israel. It is described as a white, sweet, and nutritious powder that lay on the ground every morning.
The exact nature of manna is unknown, but there are various theories about what it could be. Some scientists believe that manna could be a product of the tamarisk plant (Tamarix gallica), which occurs in the Sinai Desert. The tamarisk plant produces a sweet, white resin that could be used as food by the Israelites.
Other theories suggest that manna could be a product of insects like ants or butterflies that produce a sweet secretion.
Quails are small birds that occur in the Sinai Desert. They are an important part of the food chain in the desert and were used as food by the Israelites.
Some studies have shown that the resin of the tamarisk plant, which is considered a possible source of manna, is rich in various nutrients, including:
- Carbohydrates: Manna probably contains a mixture of simple and complex carbohydrates, such as sugar, starch, and cellulose.
- Proteins: Manna may also contain proteins from insects or other organisms that produce the resin.
- Vitamins: Manna may contain vitamins like vitamin C, vitamin B1, and vitamin B2.
- Minerals: Manna may contain minerals like calcium, phosphorus, magnesium, and iron.
Quails are small birds rich in various nutrients. Here are some of the most important nutrients found in quails:
- Proteins: Quails are rich in proteins that are essential for building and maintaining muscles and other body tissues. A 100g piece of quail contains about 20-25g of protein.
- Fat: Quails also contain fat, which is essential for energy supply and maintaining body functions. A 100g piece of quail contains about 10-15g of fat.
- Vitamins: Quails are rich in various vitamins, including:
- Vitamin B12: essential for blood formation and nerve function
- Vitamin B6: essential for energy supply and immune function
- Vitamin E: essential for cell protection and tissue function
- Vitamin A: essential for vision and immune function
- Minerals: Quails also contain various minerals, including:
- Iron: essential for blood formation and oxygen supply
- Calcium: essential for bone formation and muscle contraction
- Phosphorus: essential for bone formation and energy supply
- Magnesium: essential for muscle contraction and nerve function
- Amino acids: Quails contain various amino acids that are essential for building and maintaining proteins.
To put it in one sentence: Allah gave the people of Musā عَلَیهِالسَّلام in the wilderness everything they needed to survive.
In the Quran and the Bible, it is reported that some members of the community of Musā عَلَیهِالسَّلام complained about the monotonous diet of manna and quails. They longed for the variety of foods they had eaten in Egypt.
In the Quran, this is described in Surah 2, Ayah 61:
"And when you said to us, 'O Moses, we will not be satisfied with one dish. Ask your Lord to bring us from the earth, from vegetables, onions, garlic, lentils, and chickpeas.' He said, 'Do you want to exchange something better for something worse? Go down to a city, and you will find what you want.'"
These complaints show that the people in the community of Musā عَلَیهِالسَّلام had difficulty adapting to the new situation and being content with the simple diet.
For they were accustomed to the variety and luxury of Egypt. Even though they lived there as slaves and an oppressed minority. They could be physically rescued from slavery by Musā عَلَیهِالسَّلام , but the mental slavery was still anchored in them. They could not bear the total freedom, even if it came with sufficient food, and became ungrateful. (from Nouman Ali Khan, Tafseer Lessons)
These stories in the Quran are timeless and not told without reason. Even today, we find ourselves in a kind of spiritual bondage and cannot mentally free ourselves from the captivity and slavery in which we voluntarily reside. If we could, we would have to live with much less, but it would be enough. And we would have to work harder for it than the people of Musā عَلَیهِالسَّلام did back then.
We would have to engage in agriculture and farming with the means available to us. We would have to plow and dig and get our hands dirty. But we wouldn't have to go to the supermarket and apply for a credit card to pay for goods. We would have to trade with our surplus to buy meat from the equally self-sovereign livestock farmer. We would have to build a trading community with all sovereign individuals and use money that the banks cannot exclude us from.
The common pattern here is: freedom and self-sovereignty require effort, work, and being content with what one needs.
- If we want freedom and self-sovereignty in our money, we have to deal with Bitcoin and seed storage technologies.
- If we want free, full, and fair hearing in social media, we have to acquire the basic technical understanding to handle Nostr correctly.
People give up their self-sovereignty because they want more than they need and are not willing to do the necessary work.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f527cf970ce260e74261214bf612e8f75a59db1835ed7e4053326c3f65e232ee/files/1737404016687-YAKIHONNES3.jpg)
The Matrix trilogy also deals with this topic, describing a future where humans serve as energy sources for the machines that, in turn, simulate a world (the Matrix) that people desire. We already see the first approaches to this today. We give our data to Big Tech, which generates profits for various industries. We have AI in the starting blocks, which is supposed to largely automate the analysis and preparation of this data. With neural interfaces, we are supposed to approach human thoughts and, above all, desires. If you know what people long for, you can sell them the perfect product. Or just simulate it. Humans then become mere milkable data cows, whose "real work" (for the Matrix) becomes superfluous.
With socialist ideas, such as unconditional basic income or its capitalist counterpart "ad revenue sharing" by large platforms, it is ensured that the individual also has something to spend. Regardless of their qualifications or professional experience, because these no longer count.
A large part of humanity becomes an energy source for the machines. Unless we become self-sovereign again and get our hands dirty for what we actually need.
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![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-20 20:03:28
# Mock Draft
Pick 6: CB/WR Travis Hunter
Pick 37: DT Derrick Harmon
Pick 68: QB Quinn Ewers
Pick 73: OT Emery Jones Jr.
Pick 106: DE Ashton Guillotte
Pick 142: RB Dylan Sampson
Pick 178: OG Jared Wilson
Pick 212: LB Jamon Dumas-Johnson
Pick 216: WR Antwane Wells Jr.
Pick 222: S Rayuan Lane III
We're going with the very rare two-way prospect Travis Hunter as our first pick. Both CB and WR are positions of need, so he'll get a lot of opportunity to shine.
Then, the best player available at 37 was a DT, so we go defense heavy with the first two picks.
In the third round, we grab a QB and beef up the pass protection. From these mocks, it's looking like the third round is where we'll land a QB, whether that's Ewers or Dart (who was also still on the board and has a cooler name).
originally posted at https://stacker.news/items/857729
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![](/static/nostr-icon-purple-64x64.png)
@ 129f5189:3a441803
2025-01-20 19:20:16
Many believe that to buy #Bitcoin, they need to purchase 1 whole #Bitcoin, which may seem unaffordable for most people today. This belief is rooted in a misunderstanding of how #Bitcoin works.
#Bitcoin is divisible up to eight decimal places, and the smallest unit is called a satoshi. 1 #Bitcoin equals 100 million satoshis.
https://image.nostr.build/4c25abae971d2d817d2e9c38cac0ae7ea6a439e39bc7e2db46a610cc91a58e4b.jpg
This means that anyone can start by purchasing a fraction of #Bitcoin, like 0.0001 #BTC (10,000 satoshis), for a much smaller amount than the price of 1 whole #Bitcoin.
The mistake lies in comparing the value of 1 #Bitcoin to the price of 1 unit of traditional currency, such as the dollar or the real. This comparison ignores #Bitcoin’s divisibility and fungibility.
Imagine if someone said they couldn’t buy gold because they couldn’t afford a whole gold bar. Does that make sense? Of course not. Just as gold can be bought in grams, #Bitcoin can be purchased in fractions.
Another important point is understanding that the value of a satoshi is proportional to the value of #Bitcoin as a whole. If #Bitcoin reaches a price of $1 million, for example, 1 satoshi will be worth $0.01.
What ultimately matters is the relative appreciation of the asset, not the number of units you own.
Therefore, the unit bias is merely a psychological barrier.
Instead of focusing on the price of 1 whole #Bitcoin, think about the opportunity to accumulate satoshis, which are just as valuable as any fraction of #Bitcoin.
After all, every satoshi is part of the largest computational network in the world—scarce and decentralized—that is poised to transform the global financial system.
Buying #Bitcoin isn’t about how much you can buy today, but about understanding the value it represents in the long term. Don’t let the unit bias stop you from being part of this monetary revolution.
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@ 000002de:c05780a7
2025-01-20 16:27:40
I just finished the audio book read by Norm himself. I must say, if you love Norm you will love this book. I highly recommend the audio book. I don't want to spoil anything but the book is like sitting down with Norm and listening to him tell you stories. You never know what is true or false and if the whole thing IS the joke. I laughed out loud many times.
![](https://m.stacker.news/73848)
originally posted at https://stacker.news/items/857482
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@ 6bae33c8:607272e8
2025-01-20 16:25:00
The 40-minute edited version of Ravens-Bills wasn’t available this morning so I chose the 1:55 commercial-free full-length one instead. What a monumental waste of my morning. Why watch an entire game for it to end via a dropped two-point conversion? What is the purpose of even playing the game? A child can catch a two-yard pass.
Truth be told, the Ravens scored way too early, and the Bills probably would have driven into field-goal range anyway, but in those conditions, no kick was guaranteed. Moreover, the Ravens wouldn’t even have been in that situation but for the retarded play call on the prior two-point try where after Derrick Henry and Justice Hill gashed the Bills for 10 yards every rush, the Ravens tried to get tricky from two-yards out.
Of course, there was also the senseless Lamar Jackson fumble that was returned 40 yards and the earlier Mark Andrews fumble while trying to run backwards for no reason. Just a total waste of time.
I look forward to seeing the Bills win next week, only to have the refs cheat them out of it.
- The Chiefs got all the calls against a game Texans team. The Texans will be back, especially if they fix the offensive line. Cheating or not, it’s amazing the Chiefs are always in the Conference Title game — this makes seven straight.
- Travis Kelce looked like he was still in his late prime.
- I was rooting for the Lions — if only to retain one of my only commenters, Tony, who has no doubt defenestrated and won’t be contributing here any more. Turns out you can’t win without a defense.
- Jared Goff channeled Sam Darnold at the least opportune time too.
- Jahmyr Gibbs was electric. If the Lions had a lead he might have had 300 YFS.
- The Eagles will probably win at home, but Caleb Williams over Jayden Daniels might be even worse than Bryce Young over C.J. Stoud.
- The Rams were awfully close to hosting the NFC title game. I thought with one minute left, inside the 20, they should have run the ball at least once with the Eagles bringing the rush every play. It only takes one hole, and defenders slipping and sliding everywhere in the snow.
- Saquon Barkley might be the GOAT when fully healthy. He’s like Derrick Henry with pass-catching skills. I’d love to see him win Super Bowl MVP.
- It’s amazing how many great backs there are in the league right now: Henry, Barkley, Gibbs and a healthy McCaffrey might be four of the top-10 ever.
- The Texans, Rams and Ravens arguably outplayed their opponents this weekend, but couldn’t advance. I love the snow game aesthetic, but it adds a lot of randomness.
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@ ce6b432f:c07ce020
2025-01-20 15:52:57
If you think I can’t blame the scale of devastation from the LA fires on the Federal Reserve - think again.
After the 2008 financial crisis, Tyler Cowen was fond of saying “we aren’t as rich as we thought we were”. If you ask him, (I did in a zoom call sometime in the last 2 years), he thinks this state of being was temporary. My belief is that 17 years later, this illusion still persists, but it is cracking. Instead of allowing the dead wood to burn through financial markets, QE, ZIRP, BTFP, TARP, foreign central bank swap lines, Repo, Reverse Repo, double-triple-just kidding-repo, and a variety mechanisms beyond comprehension have been deployed to create the impression of wealth. We are still much less wealthy than we thought we were even 4 years ago. Until 2021, this was confined mainly to the inflation of asset prices and the stealth inflation embodied in the deteriorating quality of consumer goods, but Covid stimmies injected enough liquidity directly into the consumer blood stream that CPI finally started blinking red. The public began to gain some awareness of a more concrete problem in the structure of our economy. The pressing problem of inflation exposed first order problems of real urgency. A real wake up call had arrived for those middle class and below on the socio-economic ladder. There is no shortage of material to read on this for the curious.
Now some of the bills are coming due for the top half of the economic spectrum. When a plane you’re on falls out of the sky, it doesn’t matter how big your bank account is. When wildfire driven by 100 mph winds hits a neighborhood with empty fire hydrants, adequate water isn’t available at any price. When you realize your 22 year old child has spent the last 16 years being indoctrinated into a camouflaged marxist worldview - parenting mulligans are not available. If you want to retire with a nest egg adequate to provide food, shelter and healthcare for the rest of your life, finding out at age 65 that a good portion of your portfolio has been allocated to ‘companies’ focused on not cutting down trees will not be a fun reason to put down for “why do you want to join the WalMart Team?”. The common thread across many of these items is what used to be called “mission creep”. Leveraging the modern love of the word diversity - I call it “A Diversity of Goals”. They are both deadly for any organization tasked with important and specific goals.
Boeing should be focused on building safe airplanes. Fire departments should be focused on minimizing the damage fire does in their communities. Schools should prioritize reading, writing, arithmetic, and critical thinking skills. Financial professionals should focus on their fiduciary duties.
How did everyone take their eye off of the ball? Everyone decided to add the goal of diversity in some way shape or form. Is it really that simple? No. Was it really that bad? Yes. In a recent podcast with Russ Douthat of the NYT, Marc Andreeson says some pretty shocking things. [Link to Transcript](https://www.nytimes.com/2025/01/17/opinion/marc-andreessen-trump-silicon-valley.html?unlocked_article_code=1.qU4.-gWN.t9SCSEN7crDR&smid=url-share)
> Andreessen: "I’ll speak for the group because there’s a lot of similarities between the different players here for the same pressures. I’ll just speak for the group.
> First of all, let me disabuse you of something, if you haven’t already disabused yourself. The view of American C.E.O.s operating as capitalist profit optimizers is just completely wrong.
> That’s like, Goal No. 5 or something. There’s four goals that are way more important than that. And that’s not just true in the big tech companies. It’s true of the executive suite of basically everyone at the Fortune 500.
> I would say Goal No. 1 is, “I’m a good person.” “I’m a good person,” is wildly more important than profit margins. Wildly. And this is why you saw these big companies all of a sudden go completely bananas in all their marketing. It’s why you saw them go bananas over D.E.I. It’s why you saw them all cooperating with all these social media boycotts. I mean, the level of lock step uniformity, unanimity in the thought process between the C.E.O.s of the Fortune 500 and what’s in the pages of The New York Times and in the Harvard classroom and in the Ford Foundation — they’re just locked together. Or at least they were through this entire period."
If you don’t believe this is the case, you weren’t paying attention. Centralized asset managers like Blackrock who are usually one of the largest shareholders in every company were sending out notices to CEOs and the markets trumpeting how much they prioritized DEI. [Blackrock, the ESG Bully - WSJ](https://www.wsj.com/articles/blackrock-takes-aggressive-posture-on-esg-proxy-votes-11619775002?utm_source=chatgpt.com)
> BlackRock Inc. has so far increased its support for shareholder-led environmental, social and governance proposals, and published a slew of criticisms of public companies that haven’t bent to its overall requests. …
> “BlackRock has strongly signaled that quiet diplomacy is not the only tool in its toolbox,” said Rich Fields, a partner at law firm King & Spalding who focuses on corporate-governance issues. “We expect more votes for shareholder proposals and against directors in this and future years.” …
> The firm is one of the top three shareholders of more than 80% of the companies in the S&P 500, according to S&P Global Market Intelligence, through its many funds. The money manager casts a long shadow on shareholder meetings where it can vote on behalf of its investors on board directors, executives’ pay packages and other company matters.
In all fairness, Blackrock is quickly moving away from its ESG focus as the level of nonsense here has become more obvious to larger audiences who are pushing back. (State pension funds dropping them over this was a great example of both Federalism and market forces at work.)
Read the entire transcript from Andreeson. He lays out a very compelling case for what happened when a new generation of employees/elites rolled into adulthood in the 2010’s. The between-the-lines punchline is “it got so bad that billionaires were starting to suffer!!”
If DEI could infect and inhibit performance of large for-profit companies, what do you think the impact was on organizations with far less accountability? If your budget comes from politicians who don’t have to balance budgets or produce concrete results, the amount of drift “off mission” could be and was severe.
Why did this happen? We thought we were so rich that we could afford to entertain these luxury beliefs. We could just add more goals to our plate without diluting our ability to accomplish the very important things these various organizations were supposed to be focused on. We aren’t as rich as we thought we were. We can’t afford for planes to fall out of the sky. We can’t afford for huge sections of large cities to burn down. We can’t afford for an entire generation of Americans to prefer marxism to capitalism. We can’t afford to waste money on feel good projects that have a negative return even before factoring in inflation.
The simplest immediate action to take is for stakeholders large and small in organizations of all sizes to say no more Diversity of Goals - no more Goals of Diversity. Don’t discriminate against anyone who can accomplish the organization’s goals, but the goals must come first. If it’s your church or your local fire department or the local school district - everyone can have an impact on their own community. One by one, we can reverse this trend. Be the change you want to see in the world.
Now - what I think is the root of the problem. Why aren’t we as rich as we thought we were? I just can’t help myself. You may not agree on the solution (I do) - but this description of the problem will give you pause.
[What's the Problem video](https://youtu.be/YtFOxNbmD38?si=bCciKqlCkeCeflGZ)
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@ 652d58ac:dc4cde60
2025-01-20 14:39:11
**Introduction**
We must rethink how we envision the future. In the short term, things may be worse than we expect, rising inflation, war, and health crises, but this is all part of the fiat dilemma. A system that cannibalizes itself. Yet, at the same time, a new system is emerging.
Bitcoin and Artificial intelligence (AI) will be central to this foundation, providing humanity with the time and tools needed to thrive.
How Technology Drives Deflation
As Jeff Booth so masterfully explains, technology is inherently deflationary. Over time, through free market competition and productivity gains, prices should fall to their marginal cost of production.
Yet, in our inflationary fiat system, productivity gains are eroded by the continuous increase in the money supply, driving prices higher. Instead of allowing prices to approach their marginal cost of production as they should, goods and services become more expensive due to monetary inflation.
This principle, that an expanding money supply reduces the purchasing power of individual monetary units and ultimately undermines wealth creation, was recognized as early as 1517 by Copernicus in the quantity theory of money.
Because bitcoin is limited in supply, productivity gains across the economy can lead to greater wealth for all participants in the system, as the price of goods and services falls to the marginal cost of production over time. Rather than rise due to an increase in the monetary supply. We need Bitcoin to ensure that the productivity gains that drive the economy forward can have a lasting, sustainable impact.
**The Interplay of Bitcoin und AI**
Since the existing system benefits from inflation, market participants are often manipulated into believing that AI is inherently dangerous. While there are significant risks associated with AI, particularly its potential for centralization and manipulation, the technology itself offers great opportunities. The real problem lies in the inflationary monetary system, not AI.
Artificial intelligence is set to increasingly shape the workplace, trade, and finance. Consider the “Magnificent Seven”, a group of tech giants, Apple, Microsoft, Amazon, Alphabet (Google), Meta (Facebook), Nvidia, and Tesla, that all leverage AI as a key driver of productivity.
In 2023, the financial services industry alone invested an estimated $35 billion in AI, with banking leading the charge, accounting for approximately $21 billion. This is particularly relevant to Bitcoin, since it serves as both money and a financial system.
As AI becomes more sophisticated, it will increasingly rely on a digital currency that aligns with its digital nature, such as bitcoin, which offers both scalability and speed through the Lightning Network.
For instance, AI systems could use Bitcoin to facilitate microtransactions in real time, managing their wallets autonomously to process payments for services or data. This would unlock new opportunities for AI applications in sectors like actual decentralized finance (DeFi) and machine-to-machine transactions.
The Lightning Network, as a second-layer protocol built on top of Bitcoin, enables transactions to be settled almost instantly and at low cost. This makes it particularly well-suited for AI applications that require fast and reliable transactions.
While some AI and language models can exhibit programmed biases, AI systems, driven by algorithms and data, should strive to prioritize efficiency, minimizing biases wherever possible. If programmed without bias, AI seeks the best tools for operations and decision-making, and Bitcoin offers an optimal solution, providing both the asset and infrastructure needed for efficient, resilient, digital financial systems.
In addition, AI is likely to also contribute to Bitcoin’s development, with algorithms optimizing mining efficiency, hardware usage, forecasting energy demand, and ensuring more efficient resource allocation, all of which will lead to more effective mining strategies.
**Conclusion**
The synergy between Bitcoin and AI has the potential to enable the creation of more efficient, intelligent and resilient systems. These developments will underpin bitcoin’s role as digital money in a digital world, potentially creating positive second-order effects on global financial markets. The impact will be especially profound in industries such as finance, insurance, robotics, lending, investments, architecture, housing, healthcare, logistics, and others, with effects accelerating over time.
The free market is inherently deflationary, because of productivity gains, things, like housing, should become cheaper over time. Yet, this doesn't happen. Inflationary fiat currencies, like the dollar, lose purchasing power as their supply increases, eroding those gains. Bitcoin offers a framework in which productivity gains can have a lasting, sustainable impact.
Bitcoin, as a disinflationary currency with a fixed supply, preserves the value of productivity improvements, allowing prices to fall to their marginal cost of production. This ensures that efficiency gains lead to greater wealth for all participants in the system.
Moreover, since Bitcoin is accessible, it allows wealth to become more attainable for a wider range of people, enabling general living standards to increase more easily. The interplay between Bitcoin and AI is pretty exciting, and it’s becoming clear that the widespread adoption of AI will drive the widespread adoption of Bitcoin. This is necessary, as only Bitcoin, as a counterbalance to the self-destructive fiat system, can protect humanity from the negative effects of inflation. With the accelerated productivity gains of the AI age, Bitcoin becomes even more crucial as a solution, ensuring that these gains can be preserved and shared more equitably.
**Originally published as the 28th edition of my n ewsletter, Bitcoin & AI:**
https://leonwankum.substack.com/p/bitcoin-and-ai
**Photo Credit**: commonedge.org (An Optimist’s Take on AI and the Future of Architecture)
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@ a012dc82:6458a70d
2025-01-20 02:02:07
The advent of cryptocurrency has sparked a modern-day gold rush, with Bitcoin mining at the forefront of this digital revolution. The United States, with its vast resources and technological prowess, has become a fertile ground for these operations. However, the recent shift in the global mining landscape has brought a wave of Chinese mining companies to U.S. shores, fleeing a regulatory crackdown in their homeland. This migration has set off alarm bells within national security circles, as the technology that underpins cryptocurrencies is not just a tool for financial gain but also a potential vector for cyber espionage and other security threats. The dual-use nature of this technology, capable of both revolutionizing economies and potentially undermining national security, has placed it at the heart of a complex debate involving economic policy, technological innovation, and national defense.
**Table Of Content**
- The Economic Impact of Cryptocurrency Mining
- National Security Risks and Strategic Concerns
- Regulatory Responses to Foreign Mining Operations
- The Path Forward: Innovation, Security, and Diplomacy
- Conclusion
- FAQs
The economic allure of cryptocurrency mining is undeniable. In regions hit hard by economic downturns, the establishment of mining operations has been a boon, providing much-needed jobs and revitalizing local economies. These operations often take over abandoned industrial sites, turning them into hives of high-tech activity. The promise of a revitalized industrial base, however, comes with caveats. The energy-intensive nature of cryptocurrency mining has led to a surge in demand for electricity, straining local grids and raising concerns about the environmental impact of such operations. The long-term economic benefits are also questioned, as the volatility of the cryptocurrency market means that the stability of these jobs and the longevity of the operations are not guaranteed. As Chinese companies increasingly dominate this space, there is also the fear that the economic benefits may be offset by the outflow of profits to foreign entities.
**National Security Risks and Strategic Concerns**
The strategic implications of foreign-controlled cryptocurrency mining operations on U.S. soil are complex and troubling. The opaque nature of these operations, often shrouded in layers of corporate secrecy, makes it difficult to discern their true intentions. The proximity of some mining farms to sensitive sites, such as military bases and critical infrastructure, has compounded these fears, suggesting the potential for these facilities to be used for more than just mining. The vast computational power of mining operations could theoretically be repurposed for code-breaking and hacking, posing a direct threat to national security. The concern is not just hypothetical; it is rooted in a history of cyber incursions attributed to Chinese state-sponsored actors. The potential for these mining operations to serve as a front for such activities, intentionally or not, has put them in the crosshairs of U.S. security agencies.
**Regulatory Responses to Foreign Mining Operations**
The U.S. government's response to the influx of Chinese cryptocurrency mining operations has been measured yet firm. Recognizing the need to maintain an open economic environment that fosters innovation, regulators have nonetheless moved to establish guardrails to protect national interests. This has involved a multifaceted approach, including the proposal of legislation aimed at scrutinizing foreign investments in critical technologies and infrastructure. Agencies such as the Committee on Foreign Investment in the United States (CFIUS) have been at the forefront of these efforts, working to untangle the complex web of ownership and control that characterizes foreign mining operations. The goal is to ensure that while the U.S. remains a hub for technological innovation, it does not become a playground for foreign powers with adversarial intentions.
**The Path Forward: Innovation, Security, and Diplomacy**
The path forward for the United States in managing the rise of Chinese bitcoin mining operations is akin to walking a tightrope. On one side is the need to nurture innovation and maintain the U.S.'s competitive edge in the burgeoning field of cryptocurrency. On the other is the imperative to safeguard national security and ensure that the country's technological infrastructure is not compromised. This delicate balance requires a nuanced approach that includes fostering a robust domestic mining industry, investing in renewable energy sources to mitigate the environmental impact, and engaging in strategic diplomacy to manage the international dimensions of cryptocurrency governance. The U.S. must leverage its strengths in innovation, policy-making, and international relations to set standards that will shape the future of cryptocurrency mining and secure its digital economy.
**Conclusion**
The challenge of balancing the economic potential of cryptocurrency mining with the imperatives of national security is emblematic of the broader challenges facing policymakers in the digital age. As Chinese bitcoin mining operations continue to expand their footprint in the U.S., the need for a strategic, measured response becomes increasingly critical. This response must be multifaceted, engaging with all stakeholders, including the mining industry, environmental groups, energy providers, and security agencies. By striking a balance between economic growth and security, the U.S. can harness the potential of the digital economy while protecting its national interests. The stakes are high, and the decisions made today will have lasting implications for the security and prosperity of future generations.
**FAQs**
**How does Bitcoin mining impact local economies?**
Bitcoin mining can provide jobs and economic investment in local communities, especially in areas with excess energy capacity or where industrial sites are underutilized.
**What is the U.S. government's response to foreign cryptocurrency mining operations?**
The U.S. government is considering stricter regulations on foreign investments in critical technologies, including cryptocurrency mining, to protect national security while fostering economic growth.
**Can cryptocurrency mining operations be environmentally sustainable?**
There are concerns about the high energy consumption of mining operations, but with investment in renewable energy and efficient technologies, mining can move towards greater sustainability.
**How does the U.S. plan to balance innovation with security in cryptocurrency mining?**
The U.S. aims to strike a balance by creating policies that encourage technological innovation and economic benefits while implementing security measures to protect against potential threats.
**That's all for today**
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![](/static/nostr-icon-purple-64x64.png)
@ b8851a06:9b120ba1
2025-01-19 22:05:55
A TALE OF RESILIENCE
Nine years ago today, The Washington Post declared "R.I.P. Bitcoin" when the cryptocurrency traded at $380. Fast forward to January 19, 2025, and Bitcoin trades at $104,803, representing a staggering 27,500% increase since that infamous obituary.
## The Numbers Tell the Story
🔘 Bitcoin has been declared dead 477 times since its inception
🔘 2023 saw only 8 death notices, a decade-low
🔘 2024 recorded just 2 death declarations, compared to 124 in 2017
## From Mockery to Mainstream
The transformation has been remarkable. When the Washington Post published its obituary, Bitcoin was dismissed as a fringe technology. Today, it's embraced by financial giants like BlackRock and Fidelity. [The price history tells an compelling story]( https://coinmarketcap.com/currencies/bitcoin/historical-data/).
## The Future Outlook
Despite past skepticism, institutional analysts now project ambitious targets. Galaxy Digital predicts Bitcoin could exceed $150,000 in the first half of 2025. This represents a dramatic shift from the days when Nobel laureates and banking executives routinely dismissed Bitcoin as worthless.
## A Lesson in Resilience
The premature death notice serves as a powerful reminder about the dangers of dismissing innovative technologies. While Bitcoin faced numerous challenges since 2016, including regulatory crackdowns and market crashes, its fundamental value proposition has remained intact. The declining frequency of "Bitcoin obituaries" suggests that even its harshest critics are beginning to acknowledge its staying power.
There is no second best, and it’s going to millions.
Ref: [the Washington post from Jan 19 2016]( https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/)
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![](/static/nostr-icon-purple-64x64.png)
@ 3f770d65:7a745b24
2025-01-19 21:48:49
The recent shutdown of TikTok in the United States due to a potential government ban serves as a stark reminder how fragile centralized platforms truly are under the surface. While these platforms offer convenience, a more polished user experience, and connectivity, they are ultimately beholden to governments, corporations, and other authorities. This makes them vulnerable to censorship, regulation, and outright bans. In contrast, Nostr represents a shift in how we approach online communication and content sharing. Built on the principles of decentralization and user choice, Nostr cannot be banned, because it is not a platform—it is a protocol.
**PROTOCOLS, NOT PLATFORMS.**
At the heart of Nostr's philosophy is **user choice**, a feature that fundamentally sets it apart from legacy platforms. In centralized systems, the user experience is dictated by a single person or governing entity. If the platform decides to filter, censor, or ban specific users or content, individuals are left with little action to rectify the situation. They must either accept the changes or abandon the platform entirely, often at the cost of losing their social connections, their data, and their identity.
What's happening with TikTok could never happen on Nostr. With Nostr, the dynamics are completely different. Because it is a protocol, not a platform, no single entity controls the ecosystem. Instead, the protocol enables a network of applications and relays that users can freely choose from. If a particular application or relay implements policies that a user disagrees with, such as censorship, filtering, or even government enforced banning, they are not trapped or abandoned. They have the freedom to move to another application or relay with minimal effort.
**THIS IS POWERFUL.**
Take, for example, the case of a relay that decides to censor specific content. On a legacy platform, this would result in frustration and a loss of access for users. On Nostr, however, users can simply connect to a different relay that does not impose such restrictions. Similarly, if an application introduces features or policies that users dislike, they can migrate to a different application that better suits their preferences, all while retaining their identity and social connections.
The same principles apply to government bans and censorship. A government can ban a specific application or even multiple applications, just as it can block one relay or several relays. China has implemented both tactics, yet Chinese users continue to exist and actively participate on Nostr, demonstrating Nostr's ability to resistant censorship.
How? Simply, it turns into a game of whack-a-mole. When one relay is censored, another quickly takes its place. When one application is banned, another emerges. Users can also bypass these obstacles by running their own relays and applications directly from their homes or personal devices, eliminating reliance on larger entities or organizations and ensuring continuous access.
**AGAIN, THIS IS POWERUFL.**
Nostr's open and decentralized design makes it resistant to the kinds of government intervention that led to TikTok's outages this weekend and potential future ban in the next 90 days. There is no central server to target, no company to regulate, and no single point of failure. (Insert your CEO jokes here). As long as there are individuals running relays and applications, users continue creating notes and sending zaps.
Platforms like TikTok can be silenced with the stroke of a pen, leaving millions of users disconnected and abandoned. Social communication should not be silenced so incredibly easily. No one should have that much power over social interactions.
Will we on-board a massive wave of TikTokers in the coming hours or days? I don't know.
TikTokers may not be ready for Nostr yet, and honestly, Nostr may not be ready for them either. The ecosystem still lacks the completely polished applications, tools, and services they’re accustomed to. This is where we say "we're still early". They may not be early adopters like the current Nostr user base. Until we bridge that gap, they’ll likely move to the next centralized platform, only to face another government ban or round of censorship in the future. But eventually, there will come a tipping point, a moment when they’ve had enough. When that time comes, I hope we’re prepared. If we’re not, we risk missing a tremendous opportunity to onboard people who genuinely need Nostr’s freedom.
Until then, to all of the Nostr developers out there, keep up the great work and keep building. Your hard work and determination is needed.
###
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@ 9349d012:d3e98946
2025-01-19 19:47:15
For many reasons, not least of those the outcome of the last US presidential election, I’m now working on Librarian Detective, Book Two as my creative release. At the moment, I’m already on chapter seven, which means I made it through writing the second chapter, always an admirable hurdle to clear. If you’ll recall, with Librarian Detective, Book One, [clearing that milestone was a challenge.]( https://www.michellezaffino.com/photo-collage-inspiration/) It took between nine and 12 years to [finish that book]( https://www.michellezaffino.com/more-on-my-writing-process/), although I wrote three books in those meantime years. This was partly because of working on my day job business more fulltime (MyLibrarian! Our app is out, sign up to test on [the pop up here](MyLibrarian.co)) but also because I revamped my entire writing process, which I’ll share with you.
Here’s a picture of the writing methods I use. I went from writing longhand to digitally, which is more efficient, and I also use a series of guides to help organize the writing process: An outline, character list, calendar timeline, editing checklist and the main writing doc itself.
Seven years ago when I realized my writing method was working for me, I started doing a [video series on Writing, called On Storytelling]( https://youtube.com/playlist?list=PLEoSokUqVUMxG71DEDHLXWpL9NBE6GFJH&si=pc3uHyPfnPCsdGho), filmed at all the remote locations I work at, one of the best of which I’m at right now, working on my new book. If you are looking for more writing resources, there’s [a list]( https://www.michellezaffino.com/category/writerly-resources/) on my blog. When you go down these rabbit holes you may come out ready to write your first book.
GOOD LUCK—MEZ
Originally appeared on [ https://www.michellezaffino.com/my-writing-methods/]( https://www.michellezaffino.com/my-writing-methods/)
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![](/static/nostr-icon-purple-64x64.png)
@ 41fa852b:af7b7706
2025-01-19 18:31:45
> "It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." -- Charles Darwin
* * *
**It's usually a big week when the 21st comes around, but this week we have 5 meetups that day!**
Also, Trump takes office on Monday so there'll be loads to discuss at this week's meetups.
Let's take a look…
* * *
[![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0a122d17-2696-4531-9ab1-e2954806d146_1500x110.png)](https://bitcoinevents.uk/donate/)
* * *
_This week's sponsor is…_
[![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4afbfcb8-30d0-4074-9da9-0f749368e69c_1500x500.png)](https://www.orangepillapp.com?utm_source=BEUK&utm_medium=email&utm_campaign=BEUK)
* * *
### **Upcoming Bitcoin Meetups**
Happening this week…
1. [**Bitcoin Bristol**](https://bitcoinbristol.org/): Meeting at Little Martha Brewing, BS2 0QT. On Tuesday 21st at 18:15. 🍺
2. [**Bitcoin Surrey**](https://meetu.ps/e/NLBzr/v822r/i): It's a Bitcoin Pension Scheme Special this month at [Yiayias at The Fox](https://www.yiayias.co.uk/yiayiasatthefox/). A fireside chat and Q&A with Sam Roberts, Cartwright's Director of Investment Consulting (1st UK pension scheme to allocate 3% to Bitcoin). 18:00 - 23:00 on the 21st. Bitcoin accepted at the venue. 🎙️🍻
3. [**Newcastle upon Tyne Bitcoin Meetup**](https://bitcoinevents.uk/newcastle-bitcoin/): The next Newcastle meetup is on Tuesday 21st January at Kabin @ Kabannas, L2 6RE. 18:30 PM. 🍻
4. [**London Bitcoin Space**](https://meetu.ps/e/NNk9z/v822r/i): LBS will be at Cyphermunk house on Tuesday 21st from 18:30 till 22:00 for a social gathering, head along to share knowledge and meet some fellow Bitcoiners. 🫂
5. [**Oxbit**](https://x.com/oxbitmeetup): Celebrate Bitcoins 16th birthday with the Oxford meetup crew. You'll find them at [The Old Black Horse](https://www.oldblackhorse.com/) (bitcoin accepted) at 19:00 on the 21st. 🍺
6. [**Preston Bitcoin Meetup**](https://x.com/prestonbtcmeet/status/1880289279093666243): Join the Preston meetup for A Bitcoin chat and some amazing burgers. 18:30 on Thursday the 23rd January. At All Hopes No Promises, PR1 2US.
7. [**The Northamptonshire Bitcoin Network**](https://bitcoinevents.uk/northamptonshire-bitcoin-network/) : [BTC Citadel Engineering](https://btc-citadel.co.uk/) are hosting a 'Bitcoin Builders' space on Saturday the 25th. Head along to learn about Seedsigners and how to build one. Come and use the 3D printers, get a project started and chat about Bitcoin with everyone there. It all gets started at 12:00. No tech skills are necessary. ⚙️🧡
8. [**Bitcoin Walk - Edinburgh**](https://bitcoinevents.uk/bitcoinwalk/): Every Saturday they walk around Arthur's Seat in this historic city. Join them at 12 pm to chat about all things Bitcoin and keep fit. 🚶🏻🚶🏼♀️🚶🏽♂️
9. [**Bitcoin East**](https://x.com/bitcoineastuk/status/1875867783457910895): Their first meetup of 2025 will be at Marzano Cafe in the beautiful city of Norwich. Join them at 11:00 on Sunday 26th Jan, there's a lot to discuss. ☕️
* * *
**Get Involved**
- **Volunteer Opportunities**: [Bridge2Bitcoin](https://bridge2bitcoin.com/) is actively seeking volunteers who share our passion for merchant adoption. We'd be delighted to connect if you're eager to contribute. Reach out to us on [Twitter](https://x.com/bridge2bitcoin) or through our [website](https://bridge2bitcoin.com/).
- **Start Your Own Meetup**: Interested in launching a Bitcoin meetup? We're here to support you every step of the way. We've assisted numerous UK Bitcoin meetups in getting started. Get in touch via [Twitter](https://x.com/bitcoineventsuk).
- [**Contribute to BTCMaps**](https://wiki.btcmap.org/general/tagging-instructions.html): BTCMaps is a vital part of the Bitcoin ecosystem. It's a perfect project to get involved with if you're not a coder or even that technical. A great way to give back to the community. Maintain an area of the UK and keep it up-to-date.
- **Telegram users**: You might find our [Telegram Channel](https://t.me/BitcoinEventsUKHub) another useful way to keep up-to-date with UK meetups.
- **Feedback and Suggestions**: We value your input! Share your ideas on how we can enhance this newsletter.
* * *
_This week's sponsors are…_
[![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F93ec8821-fb1e-467f-9ed7-f2ceb33de143_1280x427.jpeg)](https://orangecoinstore.com/)
[![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2c4361f4-74a6-4b06-b748-9de5862b5af1_900x300.png)](https://lasereyes.cards/skins/leather-bitcoin-skin/)
* * *
Get out and support the meetups where you can, visit [Bitcoin Events UK](https://bitcoinevents.uk/) for more info on each meetup and to find your closest on the interactive map.
Stay tuned for more updates next week!
Simon.
[![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0a122d17-2696-4531-9ab1-e2954806d146_1500x110.png)](https://bitcoinevents.uk/donate/)
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@ bf7973ed:841ad12a
2025-01-19 17:34:16
Today marked the end of the tik tok era (is it really the end?) and if think it shows how powerful social engineering is. People are experiencing withdrawals and some have resorted to a more dangerous drug (Rednote) which I find funny because they can't understand any writing in the app. They just need that cheap thrill.
Social media was first created to keep in tough with friends and family and possibly make new friends. It wasn't long before social media was turned into for profit advertising platforms. This introduced "The Algorithm" to make the experience more "relatable" to users. This is where the addiction began.
Nostr doesn't have an algorithm. It is a place to keep in touch with family, friends and make a lot of new friends. Nostr is a protocol at heart. Nostr is a place for everyone. A true freedom of speech. A place with no controlling autority. Nostr is what social media was meant to be.
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@ ce6b432f:c07ce020
2025-01-19 13:42:12
I’ve never lived in LA, though I’ve visited many times. The devastation there from recent fires there is still in the headlines and anyone with a soul feels for the folks without homes, neighbors and communities. Whether they vote the same way or look the same way or worship the same god, “what can I do to help these victims?” is our first question.
The second question is, what is the most responsible way to help? Paragraph two and controversy is already here. Responsible according to who? These people are victims, just give them as much money as they need and let them figure it out according to their local knowledge and culture! The broadest possible answer to this comes from a recent Substack by Arnold Kling: California Tough Love . His position is that there are certain factors controlled locally that led to the disaster, and we shouldn’t be in a rush to replicate them. Having some strings attached to funds that reduce the likelihood of $50,000/year blue collar workers in Iowa footing the bill for the rebuild of $5,000,000 homes in Pacific Palisades AGAIN in the foreseeable future is a very reasonable position.
My position here will be more detailed than Arnold’s, and thus has a higher probability of being wrong. That has never stopped me before. The source of this hubris is a crystal ball. While not a resident of LA, I have been an honorary citizen of Maui for several decades. This attachment is longer than the attachment to the city I currently live in. In August of 2023, a similar devastating fire engulfed the town of Lahaina on the west side of Maui. ~2,200 homes were burned or damaged. The plight of those rebuilding and the process they have gone through quickly faded from national attention, but not to those of us who spend substantial amounts of time on the island. This experience 17 months before the LA fires has painted a depressing blueprint of what we can expect in LA’s recovery. A couple of highlights:
- In November of 2024, the first house was rebuilt. 15 months = 1 house. First House Rebuilt -[Maui News](https://www.mauinews.com/news/local-news/2024/11/a-moment-in-history-family-says-thanks-as-community-celebrates-first-rebuilt-home-in-lahaina/) Article highlight: Maui “expedited the permitting process for this house, so it “only” took 2 months.
- In December of 2024, federal funding for rebuilding via a block grant is finally approved by congress. Federal Block Grant For Rebuild - [Maui News](https://www.mauinews.com/news/local-news/2025/01/federal-disaster-funding-signals-a-shift-for-lahaina/) Article highlight: $1.6 billion approved for housing = ~$800,000 per house.
What do these items have in common? The biggest price so far is time. Arnold’s substack was more of a philosophical position, but I doubt even he knew that at the time of writing, Lahaina’s federal funding had just been approved. All those strings he had attached by the feds? Still very slow for a family without a home. This is half of the ‘real price gouging’ mentioned in the subtitle. Those further down the socio-economic ladder have less time to weather the process in Lahaina and the same will likely be true for the middle class residents embedded in the areas destroyed by California’s fires.
The second element of price gouging is the red tape partially embodied in Maui’s example of two months of permitting. These costs aren’t just the time, but also the professional consultants of various stripes required to navigate the process successfully and the costly modifications to homes mandated through these processes.
Here is where I posit my broad and general suggestion. There should exist a “right to rebuild”. If you can legally own a piece of property in a specific condition, you should have the right to rebuild that exact same property if it is destroyed by means out of your control. If you don’t have a “right to rebuild”, you really don’t own that property - you are just renting it for an indefinite period from whoever can prohibit rebuilding it.
Rebuilding is a special case in both the individual and the community level. See the map of Lahaina below. We know where all the plumbing and power lines were. We know where the streets and drainage were. The right to rebuild translates nicely to the community level. Rebuild everything back where it was. Take a month or two to clear out the debris, from an area and begin to rebuild. Rinse and repeat until done.
Taxpayers in Texas shouldn’t be paying for bloated permitting processes in Lahaina or LA. They shouldn’t be paying for eco-upgrades unless very specific, critical failures that caused the current disaster are clearly identified with lowest-cost available solutions. (In Lahaina - pay to bury the power lines. I drove through the area the fire started 2 weeks before it occurred. That place was a tinder box, and it will be again unless someone puts a golf course on that hill. I’m not joking about the golf course. Directly adjacent to the north of the area of Lahaina that burned is Ka’anapali, whose identical hillside is green all year round due to the presence of golf courses that pay for themselves and do not burn.)
How to address this in the context of federal funding via Arnold’s original post:
- Extremely expedited permitting process for rebuilds that get any federal funding: 5 days not 60. You can rebuild what you had, no questions asked, just file the paper work to prove it is the same lot and same size structure. If local jurisdictions drag their heels - no funding, answer to your voters who are now SOL.
- Capped amount of funding per structure that covers a functional modest structure built at the average cost of the 10 most affordable states in the country. The process of building a single family residence is not dramatically different in various areas of the country, unless dictated by excessive regulation. There may be factors for labor to consider if an area is remote like Lahaina or the hills of North Carolina affected by Helene. But if it costs 2x to build a house in your county than in the 10 most affordable states - you are doing it wrong. There is some regulatory price gouging going on. Figure it out. [The 10 Most Affordable States to Build a Home](https://chatgpt.com/share/678bc709-6694-8007-9068-f6fbeec8f53b) - According to this research you can build a 2,100 square foot home for an average of less than $300,000 in the 10 most affordable states.
- This funding will also be contingent on these rebuilt houses being completed within 110% of the time it takes to build 2,100 square foot home in the same 10 markets - measured from the day funds begin to be distributed by the federal government.
- Federal funding will begin to be distributed from a risk pool within 6 months of the disaster, with minimal review to just ensure the disaster qualifies and the receiving state/city will abide by its parameters.
The funding is distributed at intervals governed by compliance with the program. Permits are being issued timely, and the amounts distributed are aligned with the cost of building in our most affordable markets.
If you want to build something new and different than before - it might take longer. If you want more than 2,100 square feet of house - I hope you had insurance to cover the difference. A new 2,100 square foot house puts you in the top 10% of humans on earth in terms of shelter. Being a good neighbor does not require rebuilding your infinity pool.
The right to rebuild will get people in homes quicker, remove government obstacles, and stop funding waste. Every citizen will know the rules - money is there to get me a basic structure quickly or fund the beginning of something larger. Any obstacles to that time and money are coming from politicians/regulations I can vote on locally. Comments will surely pour in explaining how it isn’t that simple. These comments will be reviewed diligently 2 years from now when Pacific Palisades is still a wasteland after $20 billion in federal aid has been spent.
!(image)[https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8e7875da-145c-4f34-b115-eb0cf09b9ccf_792x612.jpeg]
Source: Maui Now
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@ 1123ece2:7d1e00c0
2025-01-19 04:02:12
Hey everyone I’m Gary Hoban and welcome to Refinery Life Australia.
“The Christ of John’s Gospel” is the theme we are continuing for the coming Sunday morning teachings that focus on John’s unique portrayal of the Christ.
We will continue this series for a while longer.
Today we are discussing, The Distinctives of Discipleship.
**Prayer**
Father, we come to You today because You made us, You redeemed us, and we acknowledge that every good and perfect gift comes from Your bountiful hands.
Thank You, Father, for the privilege of giving to You for the glory of Your name and cause.
The words of Jesus are so true, “It is more blessed to give than to receive.”
Thank you for this heavenly blessing.
In Jesus name we pray.
Amen.
**Text**
John 8:31 NKJV
The Truth Shall Make You Free
31 Then Jesus said to those Jews who believed Him, “If you abide in My word, you are My disciples indeed.
**Scripture Reading**
John 8:30-59 NKJV
30 As He spoke these words, many believed in Him.
The Truth Shall Make You Free
31 Then Jesus said to those Jews who believed Him, “If you abide in My word, you are My disciples indeed.
32 And you shall know the truth, and the truth shall make you free.”
33 They answered Him, “We are Abraham’s descendants, and have never been in bondage to anyone. How can You say, ‘You will be made free’?”
34 Jesus answered them, “Most assuredly, I say to you, whoever commits sin is a slave of sin.
35 And a slave does not abide in the house forever, but a son abides forever.
36 Therefore if the Son makes you free, you shall be free indeed.
Abraham’s Seed and Satan’s
37 “I know that you are Abraham’s descendants, but you seek to kill Me, because My word has no place in you.
38 I speak what I have seen with My Father, and you do what you have seen with your father.”
39 They answered and said to Him, “Abraham is our father.”
Jesus said to them, “If you were Abraham’s children, you would do the works of Abraham.
40 But now you seek to kill Me, a Man who has told you the truth which I heard from God. Abraham did not do this.
41 You do the deeds of your father.”
Then they said to Him, “We were not born of fornication; we have one Father—God.”
42 Jesus said to them, “If God were your Father, you would love Me, for I proceeded forth and came from God; nor have I come of Myself, but He sent Me.
43 Why do you not understand My speech? Because you are not able to listen to My word.
44 You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it.
45 But because I tell the truth, you do not believe Me.
46 Which of you convicts Me of sin? And if I tell the truth, why do you not believe Me?
47 He who is of God hears God’s words; therefore you do not hear, because you are not of God.”
Before Abraham Was, I AM
48 Then the Jews answered and said to Him, “Do we not say rightly that You are a Samaritan and have a demon?”
49 Jesus answered, “I do not have a demon; but I honor My Father, and you dishonor Me.
50 And I do not seek My own glory; there is One who seeks and judges.
51 Most assuredly, I say to you, if anyone keeps My word he shall never see death.”
52 Then the Jews said to Him, “Now we know that You have a demon! Abraham is dead, and the prophets; and You say, ‘If anyone keeps My word he shall never taste death.’
53 Are You greater than our father Abraham, who is dead? And the prophets are dead. Who do You make Yourself out to be?”
54 Jesus answered, “If I honor Myself, My honor is nothing. It is My Father who honors Me, of whom you say that He is your God.
55 Yet you have not known Him, but I know Him. And if I say, ‘I do not know Him,’ I shall be a liar like you; but I do know Him and keep His word.
56 Your father Abraham rejoiced to see My day, and he saw it and was glad.”
57 Then the Jews said to Him, “You are not yet fifty years old, and have You seen Abraham?”
58 Jesus said to them, “Most assuredly, I say to you, before Abraham was, I AM.”
59 Then they took up stones to throw at Him; but Jesus hid Himself and went out of the temple, going through the midst of them, and so passed by.
**Introduction.**
What does it really mean to follow Jesus?
Somehow in the early part of the twenty first century, people have lost sight of what it means to follow Jesus.
Discipleship is linked to external observance of religion rather than a relationship experience with Jesus Christ.
During Jesus’ life and ministry on earth, many people sought to follow Him.
John 8:30, 30 As He spoke these words, many believed in Him.
Any motives moved to associate with Jesus Christ.
Some were infatuated with His miracles and teachings.
Others were just curious.
Jesus did not want people to follow Him outside the motive of a genuine commitment.\
To distinguish the authentic followers, Jesus gave the distinctive qualities of a true disciple.
1. **A true disciple has continuance**
John 8:31-33 NKJV
The Truth Shall Make You Free
31 Then Jesus said to those Jews who believed Him, “If you abide in My word, you are My disciples indeed. 32 And you shall know the truth, and the truth shall make you free.”
33 They answered Him, “We are Abraham’s descendants, and have never been in bondage to anyone. How can You say, ‘You will be made free’?”
Jesus realised that some people made an impulsive decision to follow Him.
At times in Jesus’ ministry, large crowds followed Him.
He knew they followed mainly to see His miracles or just to be part of the crowd.
He knew that many would decide not to follow Him.
After Jesus taught the crowds that He was the Bread of Life, John 6:66 says, From that time many of His disciples went back and walked with Him no more.
Jesus pointed out that perseverance would be the sign of a true disciple.
John 8:31, The Truth Shall Make You Free
31 Then Jesus said to those Jews who believed Him, “If you abide in My word, you are My disciples indeed.
Discipleship is not the excitement of one moment.
It is a patient continuance in the footsteps of Jesus Christ.
To a crowd of potential followers, Jesus gave a sure sign of a disciple.
A disciple is one who follows Jesus continuously.
The genuine evidence is in the sustained effort.
**2. A true disciple has freedom.**
John 8:34-38, Jesus answered them, “Most assuredly, I say to you, whoever commits sin is a slave of sin. And a slave does not abide in the house forever, but a son abides forever. Therefore if the Son makes you free, you shall be free indeed.
“I know that you are Abraham’s descendants, but you seek to kill Me, because My word has no place in you. I speak what I have seen with My Father, and you do what you have seen with your father.”
Jesus taught of a freedom that led to bondage.
Jesus answered them, “Most assuredly, I say to you, whoever commits sin is a slave of sin.
Jesus taught a group of potential disciples about how sin leads to bondage.
Going through life with self will, self trust, and self assertion leads to a detrimental bondage.
No one who follows Jesus can be a master to himself.
Jesus spoke of a bondage that leads to freedom.
A true disciple is one who has renounced his or her way to follow the way of Christ.
Bondage to the Lord leads to authentic freedom.
Jesus said, “Therefore if the Son makes you free, you shall be free indeed.”
The true disciple of Jesus lives to please only one person, Jesus Christ.
A disciple of Jesus is not a slave to sin but is a slave to the master.
**3. A true disciple has Christlike behaviour.**
John 8:39-47 NKJV
39 They answered and said to Him, “Abraham is our father.”
Jesus said to them, “If you were Abraham’s children, you would do the works of Abraham.
40 But now you seek to kill Me, a Man who has told you the truth which I heard from God. Abraham did not do this.
41 You do the deeds of your father.”
Then they said to Him, “We were not born of fornication; we have one Father—God.”
42 Jesus said to them, “If God were your Father, you would love Me, for I proceeded forth and came from God; nor have I come of Myself, but He sent Me.
43 Why do you not understand My speech? Because you are not able to listen to My word.
44 You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it.
45 But because I tell the truth, you do not believe Me.
46 Which of you convicts Me of sin? And if I tell the truth, why do you not believe Me?
47 He who is of God hears God’s words; therefore you do not hear, because you are not of God.”
The Jew’s claimed to be Abraham’s children.
By physical lineage this was true.
However, many Jews lived contrary to Abraham’s example.
They sought to kill Jesus and slander His name.
Jesus said they were not God’s children, for they did not reflect God’s character.
Rather, He said in John 8:44, You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it.
God’s children behave like His children.
John 8:42, “If God were your Father, you would love Me”, and He added in verse 47, “He who is of God hears God’s words.”
Nature will be true to itself.
If one is born of God, then they will live in accordance with Christ’s character.
**4. A true disciple honours Christ.**
John 8:48-59 NKJV
Before Abraham Was, I AM
48 Then the Jews answered and said to Him, “Do we not say rightly that You are a Samaritan and have a demon?”
49 Jesus answered, “I do not have a demon; but I honor My Father, and you dishonor Me.
50 And I do not seek My own glory; there is One who seeks and judges.
51 Most assuredly, I say to you, if anyone keeps My word he shall never see death.”
52 Then the Jews said to Him, “Now we know that You have a demon! Abraham is dead, and the prophets; and You say, ‘If anyone keeps My word he shall never taste death.’
53 Are You greater than our father Abraham, who is dead? And the prophets are dead. Who do You make Yourself out to be?”
54 Jesus answered, “If I honor Myself, My honor is nothing. It is My Father who honors Me, of whom you say that He is your God.
55 Yet you have not known Him, but I know Him. And if I say, ‘I do not know Him,’ I shall be a liar like you; but I do know Him and keep His word.
56 Your father Abraham rejoiced to see My day, and he saw it and was glad.”
57 Then the Jews said to Him, “You are not yet fifty years old, and have You seen Abraham?”
58 Jesus said to them, “Most assuredly, I say to you, before Abraham was, I AM.”
59 Then they took up stones to throw at Him; but Jesus hid Himself and went out of the temple, going through the midst of them, and so passed by.
Many claimed to be disciples of Jesus, but they did not honour Him.
In fact, they accused Him of being demon possessed.
Jesus said in verse 49, “I do not have a demon; but I honor My Father, and you dishonor Me.”
They could not be authentic followers and dishonour the Lord in this way.
True disciples honour and adore and obey Christ.
**Conclusion.**
Are you a true disciple of Jesus Christ?
The proof is a continuing commitment to Him, freedom from sin, Christlike behaviour, and a Christ honouring life.
Until next time
Stay in the Blessings
I really want to encourage you to be diligent with your Bible study time, because God has so much more for us than we can get from just going to church once or twice a week and hearing someone else talk about the Word.
When you spend time with God, your life will change in amazing ways, because God is a Redeemer. Theres nothing thats too hard for Him, and He can make you whole, spirit, soul and body!
You’re important to God, and you’re important to us at The Refinery.
When it comes to prayer, we believe that God wants to meet your needs and reveal His promises to you.
So whatever you’re concerned about and need prayer for we want to be here for you! Or even if you just want to say Hi, you can contact us at www.refinerylife.org
2025 IS A YEAR OF NEW BEGINNINGS.
© www.refinerylife.org 2013-2024 All rights reserved. Except as permitted under the Australian Copyright Act 1968, no part of this Article may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without the prior written permission.
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-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-18 20:46:35
# Introduction to Perl programming
Perl is a high-level, general-purpose programming language that excels in text processing, system administration, web development, and more. Its flexibility and strong regular expression capabilities make it a popular choice for scripting tasks. This article introduces the basics of Perl programming, including an example script.
## Basics of Perl
### Running a Perl Script
To execute a Perl script, save the code in a file with a `.pl` extension (e.g., `script.pl`) and run it from the command line:
```bash
perl script.pl
```
### Syntax Highlights
1. **Shebang Line**: Specify the interpreter.
```perl
#!/usr/bin/perl
```
2. **Comments**: Use `#` for single-line comments.
```perl
# This is a comment
```
3. **Printing Output**:
```perl
print "Hello, World!\n";
```
### Variables
Perl has three main variable types:
- **Scalars**: Single values (numbers, strings, etc.), prefixed by `$`.
```perl
my $name = "Eva";
my $age = 35;
```
- **Arrays**: Ordered lists, prefixed by `@`.
```perl
my @colors = ("red", "green", "blue");
```
- **Hashes**: Key-value pairs, prefixed by `%`.
```perl
my %capitals = ("France" => "Paris", "Japan" => "Tokyo");
```
### Control Structures
- **Conditional Statements**:
```perl
if ($age > 18) {
print "You are an adult.\n";
} else {
print "You are a minor.\n";
}
```
- **Loops**:
```perl
for my $color (@colors) {
print "$color\n";
}
```
## Example Script: Text File Analysis
This script reads a text file, counts the lines, words, and characters, and prints the results.
### Script
```perl
#!/usr/bin/perl
use strict;
use warnings;
# Check for file argument
if (@ARGV != 1) {
die "Usage: $0 <filename>\n";
}
my $filename = $ARGV[0];
# Open the file
open(my $fh, '<', $filename) or die "Could not open file '$filename': $!\n";
# Initialize counters
my ($line_count, $word_count, $char_count) = (0, 0, 0);
# Process the file
while (my $line = <$fh>) {
$line_count++;
$char_count += length($line);
$word_count += scalar(split(/\s+/, $line));
}
close($fh);
# Print results
print "File: $filename\n";
print "Lines: $line_count\n";
print "Words: $word_count\n";
print "Characters: $char_count\n";
```
### Explanation
1. **Input Validation**: Ensures the script is called with a filename.
2. **File Handling**: Uses `open` and `close` for file operations.
3. **Counters**: Tracks lines, words, and characters.
4. **Loop**: Reads the file line by line, processing each line.
### Running the Script
Save the script as `file_analysis.pl` and run it with a text file:
```bash
perl file_analysis.pl sample.txt
```
## Conclusion
Perl is a powerful tool for scripting and data processing. Its concise syntax and robust text-handling capabilities make it an excellent choice for many tasks. This example demonstrates basic Perl features and encourages further exploration of its vast capabilities.
-
![](/static/nostr-icon-purple-64x64.png)
@ dbb19ae0:c3f22d5a
2025-01-18 20:40:48
Inspired by a video on [youtube](https://youtu.be/OxPdPOsbxY8)
I wrote a calculator with Perl:
Beware the line my ($num1, $num2, $operator) = '@'_;
should be my ($num1, $num2, $operator) = @_;
But the markdown syntax needs to have the @ into quotes otherwise, well the rest of the program is missing
#!/usr/bin/perl
# calculator
#
use strict;
use warnings;
sub get_input {
print "Enter number 1: ";
chomp(my $num1 = <STDIN>);
print "Enter number 2: ";
chomp(my $num2 = <STDIN>);
print "Enter operator (+, -, *, /): ";
chomp(my $operator = <STDIN>);
return ($num1, $num2, $operator);
}
sub calculate {
my ($num1, $num2, $operator) = '@'_;
my $result;
if ($operator eq '+') {
$result = $num1 + $num2;
} elsif ($operator eq '-') {
$result = $num1 - $num2;
} elsif ($operator eq '*') {
$result = $num1 * $num2;
} elsif ($operator eq '/') {
if ($num2 == 0) {
die "Error: Division by zero\n";
}
$result = $num1 / $num2;
} else {
die "Invalid operator\n";
}
return $result;
}
# Get input from the user
my ($num1, $num2, $operator) = get_input();
# Calculate the result
my $result = calculate($num1, $num2, $operator);
# Print the result
print "$num1 $operator $num2 = $result\n";
originally posted at https://stacker.news/items/816121
-
![](/static/nostr-icon-purple-64x64.png)
@ 6871d8df:4a9396c1
2025-01-18 20:12:46
## 2024 Prediction Reflections
### Politics
#### **Democrats & 2024 Election**
- _“Democrats’ attempt to stifle democracy will likely put Trump in the White House. If not, some real sketchy stuff would need to happen to keep him out.”_
This prediction was *exactly right*. The assassination attempt on Trump seemed to be the final blow for the Democrats. Despite a heavy push my legacy media, Trump won handily.
The Democrats switched to Kamala Harris after Biden showed signs of incapacity, most notably in the first debate against Trump.
My prediction for the election also turned out to be [exactly right](https://cwilbzz.com/election-prediction-my-vote/), which, thank you [Robert Barnes and Richard Baris](https://www.youtube.com/playlist?list=PLHe3u4zZfY7K8PqHcVM0iLjHKV9Sr7iDy).
#### **Evidence of Institutional Ideological Capture**
- _“People will continue to wake up to ideologically captured institutions, and DEI will be the main loser.”_
Trump’s resounding election victory underscores that the public is increasingly aware of (and rejecting) such institutional capture.
Of note, Boeing comes to mind as an institution that had a tough time in 2024, in large part to DEI. Nothing seemed to function correctly. The biggest story being how they [stranded people in space](https://www.forbes.com/sites/jeremybogaisky/2023/01/17/boeing-spacex-nasa-artemis/)
### Media & Public Opinion
#### **Rise of Independent & Alternative Media**
- _“Independent and alternative media will continue to grow as people’s trust in legacy media declines.”_
Twitter (X), under Elon Musk, shattered mainstream media’s influence far more than expected. As Elon has said, “You are the media now.” Alternative sources are king.
- *Notable Example:* Kamala Harris’s decision _not_ to appear on the Joe Rogan podcast contrasted with Trump’s appearance, further highlighting the power shift to alternative media.
### Markets & IPOs
#### **Interest Rates & Public Markets**
- _“As interest rates come down, I expect public markets and IPOs to heat up.”_
This _did not_ play out. Companies that were expected to go public in 2024 remain private in 2025. The reasons are varied, but there is confidence that 2025 might see changes.
### Technology & AI
#### **LLMs & AI Adoption**
- _“AI and LLMs will continue to move at a rapid rate, increasing productivity. Tools like Bard will become more mainstream.”_
AI did *take off*. Usage among nontechnical users increased, and it’s no longer uncommon for people to default to AI-driven tools rather than Google search.
#### **Decentralized AI**
- _“I hope to see a rise in decentralized AI to counter big-player LLMs.”_
We didn’t see explicit ‘decentralized AI’ breakthroughs, but more players entered the AI market. ChatGPT still dominates, with Elon’s ‘Grok’ making moves. Google, Meta, and Microsoft remain active but slightly behind in usage.
### Bitcoin & Digital Assets
#### **Institutional Adoption of Bitcoin**
- _“2024 will bring more institutions to Bitcoin. Possibly another large company or nation-state. The ETF should help, likely pushing BTC to a new all-time high.”_
No *large* public company or nation-state placed a bet, but smaller public companies did. Michael Saylor presented to Microsoft’s Board, which was the closest instance to a major move.
- *Price Movement:* Bitcoin _did_ hit a new all-time high, rising to as much as $108k in 2024.
#### **Lightning Network**
- _“Lightning will improve but remain primarily used for acquiring Bitcoin, not everyday payments.”_
Still true. Lightning usage remains *tiny* relative to broader Bitcoin adoption.
#### **Nostr Adoption**
- _“Nostr will grow, and we’ll see new companies leverage this network beyond just social media.”_
Growth continues, but Elon Musk’s Twitter takeover slowed adoption. Nostr will remain niche until a major catalyst occurs (e.g., a big player joins or forced usage due to censorship).
#### **Stablecoin-Specific Regulations**
- _“Expect stablecoin regulations in 2024 that’ll be favorable to them.”_
This didn’t happen, largely due to the administration’s hostility. Expect potential change in 2025.
#### Miscellaneous 2024 Reflections
- **Return to Sanity**
- 2024 felt like sanity prevailed, largely due to the Democrats’ collapse behind Biden and Harris and Elon’s Twitter dominance.
- **Operation Chokepoint 2.0**
- Received a lot of attention, and I’m thankful it did because my experience at Strike was radicalizing and extreme.
- **Bryan Johnson & Anti-Aging**
- He burst onto the scene with his obsession over biomarkers. I see it as misguided—chasing markers in isolation doesn’t automatically yield a healthy system.
- **Apple’s Rough Year**
- Without a visionary leader, Apple appears to be scraping by on existing products rather than innovating.
- **Google Under Fire**
- Google is in a tough fight with the government, just as it seems they’re on their heels with AI competition.
---
## 2025 Predictions
1. **Bitcoin’s Performance**
Bitcoin will have a good year, but not better than 2024. To beat 2024, it must close above 206k on December 31, 2025. I’ll take the under on that.
- I am not ruling out it to be over that at some point in 2025.
2. **Twitter’s Success Continues to Stunt nostr**
- Nostr adoption will stay slow due to Elon’s dominant influence with X (Twitter).
- As long as it remains a beacon of free speech, I doubt we see an exodus.
- Rumble integrating Tether *might* help if they allow Nostr-like features (zaps), but that seems unlikely.
3. **Apple**
- Apple will continue its rent-seeking behavior and put out underwhelming products.
4. **Google’s Quantum & AI**
- Recent buzz about Google’s quantum chip and AI improvements won’t pan out as a big deal.
- Google will continue to trail OpenAI and xAI in practical LLM usage.
5. **Elon, Vivek & DOGE**
- I expect them to *deliver* more than critics think. They’ll expose bloat and inefficiencies in ways that will shake up norms. I greatly welcome this. I wouldn’t bet against them.
6. **Mainstream Media Reckoning**
- In Trump’s second term, mainstream news outlets will face a real reckoning, as I can’t see how their bias can continue.
- They’ll have to reduce their bias or risk bankruptcy.
- Alternative media’s growth trend continues, especially as Twitter keeps exposing mainstream outlets’ weaknesses.
7. **RFK Delivers**
- We will see big changes in the health space due to RFK at HHS. These are changes that I am very excited to see.
8. **Foreign Policy**
- With the transition to Trump, I expect some foreign policy wins that will buck the establishment but will deliver wins that are not thought possible by the “experts.”
---
### Closing Note
- **Overall 2024**: It was a year of major political upheaval, vindication for Bitcoin, and continued AI advances.
- **Outlook for 2025**: Bitcoin remains strong, AI competition heats up, and media institutions face existential challenges. I’m optimistic for continued decentralization and a more level playing field across tech, finance, and politics. I think the start of Trump’s second term will be very strong for the market, health, and culture. Accelerate.
-
![](/static/nostr-icon-purple-64x64.png)
@ 378562cd:a6fc6773
2025-01-18 16:20:12
As a frequent user who depends on my phone for a wide range of activities, including boosting my productivity and capturing spontaneous moments, I have been paying close attention to the OnePlus 13. This flagship device appears to meet all my essential requirements, particularly excelling in power and camera capabilities, which are my main priorities. Here are the standout features that have caught my attention.
<img src="https://blossom.primal.net/9d0b0d98e9ac02d756f31ab0b46f3e0e79b98aa0576d0e71847bba4fcf5ee2e3.webp">
### Power to Handle Anything I Throw at It
Performance is a big deal for me, and the OnePlus 13 doesn’t seem to disappoint. It’s powered by the Snapdragon 8 Elite processor, a beast in the mobile tech world. I can already imagine how smoothly it would handle heavy multitasking, like switching between editing photos, running multiple apps, and even gaming.
The insane memory options—up to 24GB of RAM—truly stand out. That’s more RAM than most laptops I’ve owned! Pair that with up to 1TB of storage, and you’re looking at a future-proof phone. I’d never have to worry about running out of space for apps, photos, or videos, and everything would load lightning-fast.
###
<img src="https://blossom.primal.net/6f9363e8e4a9663346e5fdaf41b25b611dcf1324a85799bdefa1f90f980fc02d.jpg">
### A Camera Setup That’s Hard to Ignore
One of my favorite things to do is capture high-quality photos and videos, so a powerful camera system is non-negotiable. The OnePlus 13 delivers with its triple-camera setup; all three lenses are 50 megapixels. That means whether I’m shooting with the main wide lens, zooming in with the telephoto, or going wide with the ultra-wide, I’m getting consistently sharp, detailed shots.
The Hasselblad collaboration is a big draw for me, too. OnePlus phones have been steadily improving their color science, and this partnership seems to really shine in the OnePlus 13. I’d expect vibrant, true-to-life colors in my photos without much editing required.
The AI enhancements also pique my interest. From what I’ve read, the phone handles tricky lighting situations, like low-light environments or high-contrast scenes, exceptionally well. That’s exactly what I need to capture spontaneous moments without worrying about settings.
### Battery and Charging That Won’t Leave Me Hanging
Another thing I appreciate is the long battery life. The 6,000 mAh battery on the OnePlus 13 is reportedly a powerhouse, capable of lasting two days under mixed usage. And when I do need to charge, the 100W wired charging can fully juice up the phone in just over half an hour. Even the 50W wireless charging is incredibly fast, which is perfect for someone like me who’s always on the move.
### Design and Features That Add Value
The flat-edge design and premium finish make the phone feel as good as it looks. I’d probably go for the Midnight Ocean with its vegan leather back—it sounds grippy and unique, ideal for someone who doesn’t want to slap on a bulky case.
The little extras, like Glove Mode and Aqua Touch 2.0, also catch my attention. Since winters are cold here, using my phone with gloves on is a practical bonus.
### Why It’s Tempting Me
At $899 for the base model, the OnePlus 13 seems like a solid deal, especially for the power and camera capabilities it offers. Even if I choose a higher configuration, the pricing still feels reasonable compared to other flagships with similar specs.
For me, the OnePlus 13 feels like a phone that’s built for power users—people who need speed, reliability, and top-tier camera performance. I’m seriously considering it for my next upgrade because it feels like it would keep up with everything I do and then some. If the camera and performance live up to the hype, I might just have my decision made.
-
![](/static/nostr-icon-purple-64x64.png)
@ c69b71dc:426ba763
2025-01-18 15:39:35
## Chef's notes
This raw vegan curry ramen is a vibrant, nourishing dish packed with fresh vegetables and a rich, creamy coconut curry broth. It’s quick to prepare, full of flavour, and the perfect guilt-free comfort food! 🌱 Feel free to use your favourite veggies👩🏼🍳
## Details
- ⏲️ Prep time: 20 min.
- 🍳 Cook time: 0
- 🍽️ Servings: 2
## Ingredients
- 500g or 2 packs kelp noodles
- 1/2 Lemon juice ( 1/4 for soaking and 1/4 for the soup
- Salt
- Fresh vegetables of your choice, such as: 4 medium mushrooms, 4 leaves red cabbage, 2 carrots (julienned or peeled into strips), 1 Celery stick (diced)
- 2 cups coconut milk (or coconut cream diluted with water)
- 1/2 flesh of a Coconut (optional, if using fresh coconuts) otherwise more coconut cream
- 1 thumb of fresh ginger
- 1 thumb of fresh turmeric
- 2 tbsp light miso paste
- 2 pitted dates
- 2 tbsp cashews
- 1 clove garlic
- 1 tsp curry powder or pepper (optional)
## Directions
1. Prepare the Noodles: Rinse the kelp noodles thoroughly. Then soak them in warm water with a squeeze of lemon juice and a pinch of salt for 10 minutes to soften.
2. Prep the Vegetables: Thinly slice or julienne carrots, dice celery, thinly cut mushrooms, cut the red cabbage into thin strips.
3. Make the Broth: In a blender, combine the following: 2 cups coconut milk (or coconut cream diluted with water if fresh coconuts are unavailable), ginger, turmeric, 1/4 juice of 1 lemon, light miso paste, pitted dates, cashews, garlic, salt, curry powder
4. Blend on high speed for about 3 to 4 minutes until the broth is smooth and slightly warm. Do not overheat!
5. Assemble the Ramen: Drain the kelp noodles and place them in serving bowls. Arrange the prepped vegetables on top of the noodles. Pour the warm curry broth over the noodles and vegetables.
6. Serve immediately and enjoy your raw vegan ramen with chopsticks for an authentic touch!
-
![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2025-01-18 14:47:23
Since I don't follow a particular regiment throughout the day, I need some guiding principles to stay on track. Previously, I wrote about [Hormesis](https://stacker.news/items/850029/r/Undisciplined), which let's me be more comfortable being uncomfortable.
My primary weakness, when it comes to ~HealthAndFitness, is snacking. Honestly, "snacking" is putting it mildly. If there are unprotected baked goods in the house, I'm going to eat them until either they're gone or I'm too sick to continue.
The point where I am able to exercise some self-control is at the point of purchase. I have no problem (usually) keeping junk food out of my cart.
I will buy the ingredients to make baked goods, when my wife asks me to, though. However, being limited to homemade baked goods that other people make for me is a pretty good constraint. Plus, her cooking is healthier, tastier, and less expensive than prepackaged snacks.
I'm curious if this works for anyone else. Or, do you weirdos have self control when there are tasty treats in your vicinity?
originally posted at https://stacker.news/items/854896
-
![](/static/nostr-icon-purple-64x64.png)
@ c4b5369a:b812dbd6
2025-01-18 12:17:22
This is the first edition of the SDR (Squirrel Den Recap), a development blog where I recap the recent Cashu related things I've been working on.
### The year of the nut
IYKYK. 2025 is the year of the nut. Don't blame me, you can put it on the Chinese:
<img src="https://blossom.primal.net/c83ed9f135dd2ba6285d90ff3320055d7245d6d8e11022e2d57af2995b2bc654.jpg">
And I intend to take full advantage of that. This is the year where I go all in on the nut development!
## Building a mint???
There are already a few mint implementations out there ([nutshell](https://github.com/cashubtc/nutshell), [gonuts](https://github.com/elnosh/gonuts), [cdk](https://github.com/cashubtc/cdk)...). So why build another?
Honestly it was kind of a selfish move. So far, I have mainly concerned myself with building tools for Cashu wallets and clients. I figured, if I wanted to truly focus on Cashu this year, I should also know my stuff when it comes to building a mint from scratch. And so I did. It also allows me to experiment with mint related stuff, having an implementation handy that I can mess around with.
<img src="https://blossom.primal.net/3b6e156bfc9d464929696502f28986bf3764ac736e826429673129f548ec4954.png">
![](blob:https://highlighter.com/eb34c543-594e-4f4b-b1a7-1470e0ca0864)
The mint implementation is called MNT. You can visit the homepage <https://mnt.cash> , where you will also find a link to the code.
Although the code works, the mint implementation is not yet ready for production. I've been playing around with it using a local testing lightning network with [Polar](https://lightningpolar.com/) , which by the way is a great tool for devs that need to test lightning integrations.
### The mint
MNT is short for mint. It's also pronounced like mint, but without the "i". The goal of this project is to be an easy to run mint, that could be deployed by users for example when running an event. It won't support all of the protocol features, to keep it simple. Instead the focus will be on simplicity and ease of use.
MNT comes with an admin web interface, that makes it easy to set the mint up with a lightning backend:
<img src="https://blossom.primal.net/d5ef4baee85173e98057447c1f14e70d73fe2f647a71096a954288bc70785571.png">
![](blob:https://highlighter.com/628ffff7-3237-4839-a30c-4fc7530b5808)
After adding a lightning backend, the mint is basically ready! Users can enjoy a live view of what is happening on their mint via the integrated dashboard:
<img src="https://blossom.primal.net/a2b8968f564cfe082182a44a68aed8c2e4001170f26c76d7b6892981ec43aa05.png">
![](blob:https://highlighter.com/44005a26-7b4d-4bf0-ac9e-b4d0b9ae18e5)
Admins can take direct actions on the mint via the admin tool, like rotating keysets, disabling and enabling features, etc...
A key feature is also the keyset view, where operators get a view on how much of the issued ecash has already been redeemed in each keyset. This is a crucial tool for mint operators, because it lets them know when they can safely delete records from their database, or shut the mint down.
<img src="https://blossom.primal.net/182bb23b39b6cb1002a48abc8a0093b0fee506ebee01e7a48d50a434869e6557.png">
![](blob:https://highlighter.com/a0cd5860-2c1b-4cc1-b76f-dc0a6caa7379)
The mint is compatible with all Cashu wallets. It only supports a subset of the cashu specification (NUTs), and will probably never implement the full spec. I'm looking forward to soon recklessly give this badboy a spin on mainnet 😎
## What else?
**Cashu-ts**
Last year
npub1mhcr4j594hsrnen594d7700n2t03n8gdx83zhxzculk6sh9nhwlq7uc226
joined cashu-ts as a maintainer and has been killing it with development in the project! As I ramp up my involvement in the project again, we started having weekly dev calls. **Developers that want to contribute to cashu-ts development**, **please reach out to me so you can join us on the next call!**
**Nutstash**
The wallet has seen a complete make-over at the end of last year. Now is the time to consolidate, fix bugs and improve the UX.
npub12zpfs3yq7we83yvypgsrw5f88y2fv780c2kfs89ge5qk6q3sfm7spks880
has been helping me with awesome designs and UX suggestions, while I've been crushing bugs. A new version fixing some edge cases in the restore process can be expected next week!
<img src="https://blossom.primal.net/55222e2206e938285cf344e84f6a5c4e8aca31c150891aad2ea6061a2a50d322.png">
### This blog
\
This year, I was fortunate to receive funding for my work on open source projects in the [Cashu](https://cashu.space) ecosystem. I am very grateful for the trust from
npub17xvf49kht23cddxgw92rvfktkd3vqvjgkgsdexh9847wl0927tqsrhc9as
and
npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f
this means a lot to me, to be able to make a living by working on something I am passionate about is a blessing, and I don't think it would be possible without the support from you. My deepest gratitude, I hope my contributions will not only match, but exceed expectations.
By writing this blog, I want to show my progress, proof of work, and give people a look into the daily life in the squirrels den 🐿️🐿️🐿️🐿️🐿️🐿️
If you have any questions or suggestions about this blog, please let me know in a comment!
###
Best,
Gandlaf
-
![](/static/nostr-icon-purple-64x64.png)
@ a10260a2:caa23e3e
2025-01-18 12:04:41
*Last Updated: January 18, 2025*
First off, big shoutout to Coinos for having support for adding a memo to BOLT12 offers. This provides a solid alternative for the pleb who wants to support mining decentralization but doesn’t want to set up a CLN node and pay thousands of sats for a channel only to get little rewards. This is the case for most of us who only have a miner or two (e.g. a Bitaxe and/or an S9).
Before we get into setting up Lightning payouts, you’ll want to have your miner configured to mine with OCEAN of course. You’ll also want to make sure that the bitcoin address you use is from a wallet that supports signing messages.
These are the ones listed in the OCEAN [docs](https://ocean.xyz/docs/lightning):
* Bitcoin Knots/Bitcoin Core
* Coldcard
* Electrum
* LND (Command Line)
* Seedsigner
* Sparrow
* Specter
* Trezor
I checked one of my favorite, user-friendly wallets — Blue Wallet — and it happens to support signing messages as well.
Just tap the three dots on the upper right and you’ll see the “Sign/Verify Message” button at the bottom.
![](https://m.stacker.news/73009)
![](https://m.stacker.news/73010)
Update [January 18]: You can now use Coinos to sign by going to https://coinos.io/sign
The trick here is to not refresh the page. In other words, when you're logged in to your Coinos account, go to the URL and use the legacy address (starts with a "1") that's displayed to configure your miner(s). If you refresh the page, you're going to get a new address which will cause the signing to fail later on. *Remember*, keep the tab open and don't refresh the page.
![](https://thebullishbitcoiner.wordpress.com/wp-content/uploads/2025/01/screenshot-2025-01-15-at-9.31.33-pm-1.jpg)
Whichever wallet you choose, generate a receive address to use when configuring your miner (it’ll also be your OCEAN username).
Here’s how it looks on the Bitaxe (AxeOS)…
![](https://m.stacker.news/73011)
And the Antminer S9 (Braiins OS).
![](https://m.stacker.news/73012)
NOTE: There’s a slight difference in the URL format between the two apps. Other than that, the username will be your bitcoin address followed by the optional “.” + the nickname for your machine.
You can find more details on OCEAN’s [get started page](https://ocean.xyz/getstarted).
---
Alright, now that your miner is pointed at OCEAN. Let’s configure Lightning payouts!
### Generating the BOLT12 Offer
In the Coinos app, go to Receive > Bolt 12.
![](https://m.stacker.news/73015)
Tap “Set memo” and set it to “OCEAN Payouts for [insert your bitcoin address]” (this text is case-sensitive). Use the same bitcoin address you used above to configure your miner(s).
![](https://m.stacker.news/73016)
After tapping OK, copy the BOLT12 offer (it should start with “lno”) and proceed to the next step.
### Generating the Configuration Message
Navigate to the [My Stats](https://ocean.xyz/stats) page by searching for your OCEAN Bitcoin address.
![](https://m.stacker.news/73073)
The click the Configuration link next to Next Block to access the configuration form.
![](https://m.stacker.news/73075)
Paste the BOLT12 offer here, update the block height to latest, click GENERATE, and copy the generated unsigned message.
![](https://m.stacker.news/73066)
![](https://m.stacker.news/73067)
### Signing the Configuration Message
To sign the generated message, go back to Blue Wallet and use the signing function. Paste the configuration message in the Message field, tap Sign, and copy the signed message that’s generated.
![](https://m.stacker.news/73068)
If you're using Coinos to sign, return to the page that you kept open (and didn't refresh) and do the same. Paste the configuration message, click submit, and copy the signed message.
### Submitting the Signed Message
Once signed, copy the signature, paste it in the OCEAN configuration form, and click CONFIRM.
![](https://m.stacker.news/73069)
If all goes well, you should see a confirmation that the configuration was successful. Congrats! 🎉
All you gotta do now is sit back, relax, and wait for a block to be found…
Or you can look into setting up [DATUM](https://ocean.xyz/docs/datum-setup). 😎
-
![](/static/nostr-icon-purple-64x64.png)
@ a012dc82:6458a70d
2025-01-18 02:33:24
Over the past decade, the cryptocurrency landscape has witnessed unprecedented growth, with Bitcoin undeniably at its forefront. As the trailblazer of digital currencies, Bitcoin has not only introduced the world to the possibilities of decentralized finance but has also inspired the creation of thousands of other cryptocurrencies. Yet, among the myriad of developments in the crypto domain, the advent of Bitcoin ETFs (Exchange Traded Funds) stands out. These innovative financial instruments have not only revolutionized how investors perceive and interact with Bitcoin but have also provided a bridge between the volatile world of cryptocurrencies and the more stable, regulated realm of traditional finance.
**Table Of Content**
- What is a Bitcoin ETF?
- Why are Bitcoin ETFs Important?
- The Current Landscape of Bitcoin ETFs
- How to Invest in a Bitcoin ETF
- Conclusion
- FAQs
**What is a Bitcoin ETF?**
At its core, a Bitcoin ETF is a financial instrument designed to track the price movements of Bitcoin. Rather than diving into the intricate world of cryptocurrencies—buying Bitcoin directly, grappling with the nuances of digital wallets, or navigating the often complex landscape of crypto exchanges—investors can now simply purchase shares of a Bitcoin ETF. These shares are traded just like any other stock on traditional stock exchanges, offering a seamless integration of Bitcoin into conventional investment portfolios.
**Why are Bitcoin ETFs Important?**
**Accessibility:** One of the primary advantages of Bitcoin ETFs is their accessibility. They open the doors for everyday investors, even those unfamiliar with the intricacies of the crypto world, to gain exposure to Bitcoin. There's no need to delve into the technical aspects of purchasing, storing, or securing the cryptocurrency—Bitcoin ETFs simplify the entire process.
**Regulation:** Being listed and traded on recognized stock exchanges means that Bitcoin ETFs come under the purview of financial regulators. This regulatory oversight ensures a degree of transparency and protection for investors, something that's often amiss in the wild west of direct cryptocurrency investments.
**Diversification:** For seasoned investors and newcomers alike, diversification is a cornerstone of a robust investment strategy. Bitcoin ETFs offer a golden opportunity to tap into the burgeoning cryptocurrency market without the direct volatility and risks tied to holding the actual digital assets.
**The Current Landscape of Bitcoin ETFs**
The concept of a Bitcoin ETF isn't new. However, its journey to mainstream acceptance has been riddled with regulatory challenges. Many countries, initially hesitant, have taken a cautious approach, leading to delays in the adoption of Bitcoin ETFs. But as the broader financial community becomes more attuned to the potential benefits (and risks) of cryptocurrencies, we're witnessing a gradual shift. Regulators are now more open, and approvals for Bitcoin ETFs in major financial markets are on the rise. This evolving landscape has sparked renewed interest, with both institutional and retail investors keenly exploring these novel investment avenues.
**How to Invest in a Bitcoin ETF**
The process of investing in a Bitcoin ETF mirrors that of any other traditional investment vehicle. Here's an elaborated guide:
**Research:** Embarking on any investment journey necessitates thorough research. It's imperative to delve deep, understand the nuances, and compare the various Bitcoin ETFs available in the market. Look into their past performance, management strategies, and fee structures.
**Choose a Brokerage:** Once you've zeroed in on a Bitcoin ETF that aligns with your investment goals, the next step is to select a suitable brokerage. Opt for one that offers your chosen Bitcoin ETF and boasts a reputation for reliability and security.
**Buy Shares:** With your brokerage account set up, you're all set to make your purchase. Navigate to the trading platform, search for your chosen Bitcoin ETF, decide on the number of shares you wish to buy, and execute the trade. It's as simple as buying shares of any other company.
**Conclusion**
The emergence of Bitcoin ETFs signifies a monumental shift in the financial world. It's a testament to the growing acceptance of cryptocurrencies and their potential to coexist with traditional financial instruments. As the crypto ecosystem continues to evolve, mature, and gain broader acceptance, the allure of Bitcoin ETFs is set to grow. For investors, this evolution offers a unique vantage point—a chance to be at the intersection of time-tested financial principles and the dynamic world of digital currencies.
**FAQs**
**What is a Bitcoin ETF?**
A Bitcoin ETF is a financial instrument that tracks the price of Bitcoin, allowing investors to buy its shares on traditional stock exchanges.
**Why choose a Bitcoin ETF over direct Bitcoin investment?**
Bitcoin ETFs offer easier accessibility, regulatory oversight, and a way to diversify investments without dealing with the complexities of direct cryptocurrency handling.
**Are Bitcoin ETFs regulated?**
Yes, Bitcoin ETFs traded on established stock exchanges are subject to regulatory oversight, providing added protection for investors.
**How do I invest in a Bitcoin ETF?**
Start with research, choose a reputable brokerage that offers the Bitcoin ETF you're interested in, and then purchase its shares like you would with any other stock.
**Are Bitcoin ETFs a safer investment than Bitcoin?**
While no investment is risk-free, Bitcoin ETFs offer a layer of protection due to regulatory oversight and eliminate the risks associated with direct handling and storage of cryptocurrencies.
**That's all for today**
**If you want more, be sure to follow us on:**
**NOSTR: croxroad@getalby.com**
**X: @croxroadnews**
**Instagram: @croxroadnews.co**
**Youtube: @croxroadnews**
**Store: https://croxroad.store**
**Subscribe to CROX ROAD Bitcoin Only Daily Newsletter**
**https://www.croxroad.co/subscribe**
*DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.*
-
![](/static/nostr-icon-purple-64x64.png)
@ 378562cd:a6fc6773
2025-01-18 00:12:47
In the ever-changing world of decentralized networks, **Nostr** (Notes and Other Stuff Transmitted by Relays) is leading the charge. Its lightweight, open design has created an ecosystem that’s as adaptable as it is revolutionary. Whether you're chatting, publishing, or experimenting with new ways to connect, Nostr provides the foundation for a truly decentralized and censorship-resistant internet.
---
### **How Nostr Works: A Quick Overview**
At its heart, Nostr is built on simplicity and decentralization. Here’s a breakdown of its core components:
1. **Public and Private Keys**:\
Your public key acts as your identity, and private keys ensure your messages are securely signed.
2. **Relays**:\
Relays are decentralized servers that distribute messages. They don’t own your data but simply pass it along to those who request it.
3. **Clients**:\
Clients are the user-facing applications where you interact with Nostr, offering diverse features and designs.
---
### **Deep Dive: Events in Nostr**
Everything on Nostr revolves around **events**, which are cryptographically signed pieces of information containing various kinds of data. Here are the types of events currently supported and their use cases:
#### **1. Note Events (Type 1)**
- **What They Are**:\
These are the bread and butter of Nostr—text-based posts, much like tweets or status updates on traditional platforms.
- **Features**:
- Can include text, media links, and hashtags.
- Interact with others through likes, replies, and boosts (reposts).
- **Use Cases**:\
Perfect for microblogging, status updates, and general social interaction.
#### **2. Profile Metadata Events (Type 0)**
- **What They Are**:\
This event type stores and updates user profile information, such as your display name, bio, profile picture, and website.
- **Features**:
- Easily editable and updated across all Nostr clients.
- Keeps your identity consistent across platforms.
- **Use Cases**:\
Makes profile portability seamless—update once, and it reflects everywhere.
#### **3. Relay List Events (Type 2)**
- **What They Are**:\
These events store a list of relays that a user is connected to or prefers to use.
- **Features**:
- Share your relay preferences across devices or clients.
- Allows automatic relay connection in supported clients.
- **Use Cases**:\
Simplifies the onboarding process for users switching clients or devices.
#### **4. Direct Message Events (Type 4)**
- **What They Are**:\
End-to-end encrypted messages sent directly between two users.
- **Features**:
- Only readable by the intended recipient.
- Supports text and basic formatting.
- **Use Cases**:\
Secure communication for personal or professional purposes.
#### **5. Reaction Events (Type 7)**
- **What They Are**:\
Events that express reactions to other events, such as likes or emojis.
- **Features**:
- Provides social feedback (e.g., showing appreciation for a post).
- Lightweight and simple to implement.
- **Use Cases**:\
Enhances engagement and interaction within the network.
#### **6. Repost Events (Type 6)**
- **What They Are**:\
Events that allow users to reshare content, similar to retweets on Twitter.
- **Features**:
- Ensures the original poster retains credit.
- Enables broader content visibility.
- **Use Cases**:\
Amplifying content that resonates with users or is worth sharing.
#### **7. Custom Event Types (Beyond Type 7)**
- **What They Are**:\
Developers can create and define custom event types for specific applications.
- **Features**:
- Flexibility to introduce entirely new functionality.
- Supported based on client and relay compatibility.
- **Use Cases**:\
Enables innovation, from collaborative editing tools to advanced publishing workflows.
---
### **What Makes Events Special?**
1. **Portability**: Events follow your public key, not the client or relay, ensuring they’re available wherever you go.
2. **Interoperability**: All events are standardized, meaning any Nostr client can understand and process them.
3. **Extensibility**: Through custom event types, the protocol encourages experimentation and development.
---
### **Primal: A Favorite Client for Engaging Events**
Among the many clients, **Primal** stands out as a favorite for how it handles Nostr events. Its emphasis on **content discovery** and **rich user interaction** makes it an excellent choice for exploring everything the protocol offers. Whether it’s crafting note events, managing profile metadata, or diving into direct messaging, Primal delivers a polished experience that feels seamless.
---
### **The Future of Nostr Events**
As Nostr continues to evolve, so will the events it supports. Imagine event types for live streaming, collaborative workspaces, or even decentralized governance. The possibilities are limitless, driven by the creativity of the developers and the needs of the community.
**Have you explored the potential of Nostr events yet? What’s your favorite client or feature? Let’s discuss below!** ⚡️
#Nostr #Primal #Decentralization #NostrEvents #FutureOfWeb
-
![](/static/nostr-icon-purple-64x64.png)
@ f7922a0a:82c34788
2025-01-17 23:06:56
Now that the 3rd Satellite Skirmish is complete I wanted to highlight some of the cool features on embrace.satskirmish.com
This is what the cutting edge of podcasting 2.0 looks like imo. Live video in an app that allows you to send sats to the artists in real time.
On the left hand side we have a Boost score borad that displays the total amount of sats that have come in during the show, live Boosts/Booastagrams as they come in, total amount of sats from each person Boosting and total amount sent from each app.
The middle is ovisaly the video of the band playing but with some graphics around it and Boost alerts that show up on the screen in the form of snow flakes for this one.
The righthand side is an IRC chat window that connects to an IRC server that the No Agenda community has used for 18+ years thanks to zoidzero++.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f7922a0adb3fa4dda5eecaa62f6f7ee6159f7f55e08036686c68e08382c34788/files/1736985300946-YAKIHONNES3.png)
The bottom of the page is where things get cool. When you click the Boost the Crew button in the center you can send a Boost that gets split between everyone helping produce the show (hightlighted in yellow).
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f7922a0adb3fa4dda5eecaa62f6f7ee6159f7f55e08036686c68e08382c34788/files/1736986166749-YAKIHONNES3.png)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f7922a0adb3fa4dda5eecaa62f6f7ee6159f7f55e08036686c68e08382c34788/files/1736987870636-YAKIHONNES3.png)
Each band also has their own Boost button so you can Boost them while they are playing or anytime you visit the page.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f7922a0adb3fa4dda5eecaa62f6f7ee6159f7f55e08036686c68e08382c34788/files/1736988711705-YAKIHONNES3.png)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/f7922a0adb3fa4dda5eecaa62f6f7ee6159f7f55e08036686c68e08382c34788/files/1736989857092-YAKIHONNES3.png)
-
![](/static/nostr-icon-purple-64x64.png)
@ ed5774ac:45611c5c
2025-01-17 22:05:36
A good question. I do not think so. I will explain below why, but first where did this question come from?
The statement that Tether is a Bitcoin company was recently made by Samson Mow in X ([here](https://x.com/Excellion/status/1870577229367005648)) in a response to Paolo Ardoino’s initial Tweet about Tether’s $775 million investment on Rumble ([here](https://x.com/paoloardoino/status/1870231681497538759)).
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/ed5774ac84f70a9e1ca14027e07de8e643cef5dcf3e3593266886bb745611c5c/files/1737149991010-YAKIHONNES3.png)
In response to Samson Mow's statement, I expressed my disagreement by pointing out that Tether prints USDT “out of thin air” and uses these funds to purchase US Treasuries, which in effect helps finance US debt and fund military operations.
In my opinion, a bitcoin company should not provide life support to the current broken financial system that is built on the US dollar's status as a global reserve currency, allowing a small group of Western elites to control the system and exploit it for wealth transfer.
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”(Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System)
I believe that the primary purpose of bitcoin is to replace the current fraudulent system, not to support it. My assessment is based on this fundamental principle, and I therefore disagree with Samson’s statement. In short, Tether does not align with bitcoin’s purpose of existence, a point to which I will return later.
First, it is necessary to clarify the logic behind my “Tether prints USDT out of thin air” statement as Samson Mow shifted the focus of conversation merely to this specific point instead of clarifying how he considers Tether as a bitcoin company in light of its actions (i.e., financing US debt and thereby funding the US war machine).
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/ed5774ac84f70a9e1ca14027e07de8e643cef5dcf3e3593266886bb745611c5c/files/1737150132136-YAKIHONNES3.png)
My next tweet aimed to highlight the trust concerns inherent in Proof of Stake, a concept that should be familiar to Samson Mow, where ETH holders validate transactions by staking their holdings, creating a system that relies on the implicit trustworthiness of these validators.
In response to my reasoning and explanation, Samson initially claimed that Tether is not proof of stake. Next, in a subsequent tweet where I asked for clarification on whether Tether is on the Ethereum blockchain, he acknowledged this point but introduced a new argument suggesting that Tether's situation has nothing to do with PoS. This claim is, to be frank, disconnected from reality and raises questions about Samson Mow’s true motivations.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/ed5774ac84f70a9e1ca14027e07de8e643cef5dcf3e3593266886bb745611c5c/files/1737150426128-YAKIHONNES3.png)
Following my discussion with Samson Mow on X, I decided to provide further clarification on the reasoning behind my statement that "Tether prints USDT out of thin air". The underlying logic of this argument can be grasped by examining two crucial factors: Proof of Work (PoW) and debt.
### Proof of Work:
A critical examination of Tether's USDT issuance requires a deeper understanding of the PoW.
When individuals exchange their dollars for USDT, they are essentially trading earned value (their time and energy) for a digital representation thereof. However, Tether's issuance of new USDT units occurs without incurring any cost or spending resources, effectively creating digital tokens that represent claims on value rather than value itself.
In stark contrast, the creation of new bitcoins is facilitated through a competitive mining, wherein miners use computational power (spend energy) to validate transactions and create new blocks, thereby earning newly minted bitcoins as a reward for their efforts. Similarly, in gold mining, the discovery of new deposits is the result of the investment of time, energy, and resources by miners. Likewise, individuals who are employees or entrepreneurs invest their time and energy to generate income or profit.
This underscores a fundamental principle: that genuine value creation typically results from tangible efforts, and resource allocations, distinguishing it from mechanisms that generate value without any corresponding expenditures.
Unlike the aforementioned examples, Tether's mechanism for creating USDT operates under a distinctly different paradigm. Tether issues USDT without expending time, energy, or resources. Instead, individuals give Tether their hard-earned money in exchange for an IOU certificate represented by USDT. This is in theory, assuming that Tether is an honest player and only mints USDT when a user transfers corresponding USD. In practice, however, there are several factors that complicate the verification of Tether's claim regarding the backing of USDT with USD.
One issue with Tether operating on Ethereum is that transactions are validated by ETH stakeholders by staking their ETH. This introduces an element of trust in third-party (validators), raising concerns in the integrity of the ledger.
Additionally, in contrast to Bitcoin's blockchain, Proof of Stake blockchains do not have a clear "chain" of hashes linking each block back to its predecessor through a computationally intensive process, since there's no mining involved in creating new blocks (as blocks are proposed by validators based on their stake), thereby preventing verification of historical transaction validity. As a result, the current state of a Proof of Stake blockchain reflects only the validators' confirmation without providing any assurance regarding its historical accuracy or integrity.
Most significantly, there exists no inherent mechanism, as far as I am aware of, preventing Tether from minting additional USDT without corresponding USD backing and transferring to an ETH address under their control and buying real assets (such as bitcoin) with it.
In my opinion, these considerations underscore significant challenges on transparency, accountability and oversight within Tether’s operations. In other words, the entire system relies on the honesty of Tether and Ethereum validators as trusted third parties, which contradicts Bitcoin's fundamental principle that eliminates the need for trusted intermediaries in transactions as described by Satoshi Nakamoto in Bitcoin White Paper. (source: [bitcoin white paper](https://bitcoin.org/bitcoin.pdf))
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/ed5774ac84f70a9e1ca14027e07de8e643cef5dcf3e3593266886bb745611c5c/files/1737150302534-YAKIHONNES3.png)
While Bitcoin's decentralized architecture eliminates the need for intermediaries, Tether as a centralized entity controls the issuance and management of USDT and relies on ETH validators for the validity of transactions. This centralized control enables Tether & Ethereum to unilaterally freeze, blacklist, or manipulate accounts at their discretion, as evidenced by past incidents and potential future actions. Furthermore, USDT holdings are exposed to counterparty risk, as holders are only entitled to redeem their funds if Tether maintains its solvency and adheres to a 100% reserve requirement which are significant question marks as explained in previous paragraphs.
### Debt:
Even if the claim that all USDT tokens are fully backed is true, it is essential to recognize that USDT is ultimately backed by fiat currency, which itself is debt —whether in the form of dollars or U.S. Treasuries. Consequently, the statement “Tether prints USDT out of thin air” is not entirely unfounded, as the creation of new USDT tokens is effectively facilitated by the issuance of new debt instruments.
How does USD come to existence? As many bitcoiners know very well, they are simply printed out of thin air by FED. This process is facilitated by the US government's issuance of debt certificates, including short-term Treasury bills and long-term Treasury bonds. The value of these debt instruments is derived from the expectation that the US government will honor its obligations by repaying the indicated amount of USD to certificate holders in the future, primarily through tax revenue collected from its citizens. In essence, these debt certificates represent IOUs and their value is contingent upon the credibility of the US government's promise to fulfill its debt obligations. The entire system relies on a collective belief in the government's creditworthiness, rather than any tangible asset backing it. Even if Tether's USDT is assumed to be backed 1-to-1 with USD, it is ultimately backed by nothing but the US government's fiat currency, which is itself created out of thin air. This highlights the tenuous nature of USDT's backing, as it is predicated on trust in the US government's ability to pay its debt.
In contrast to Bitcoin, which is decentralized money, independent of any third-party liability, holding USDT introduces multiple layers of third-party liability such as:
- Trust in the integrity of the Ethereum network & in the honesty of ETH stakeholders who validate transactions and maintain the ledger.
- Trust in Tether's financial stability and solvency, as well as its commitment to honoring its obligations, thereby mitigating the risk of bankruptcy or fraudulent activities.
- Trust in the creditworthiness of the US government, as the value of USDT is ultimately tied to the value of US Treasury securities held by Tether.
These cumulative risks underscore the significance of third-party liability in the context of USDT ownership.
In conclusion, the statement “Tether prints USDT out of thin air” is based on the fact that USDT is minted by Tether without incurring any cost or spending resources, there is no mechanism to prove that Tether maintains 100% reserves and USDT is ultimately backed by fiat currency, which itself is debt created out of thin air by the FED. Therefore, “Tether prints USDT out of thin air” notion is not entirely unfounded and highlights the tenuous nature of USDT's backing.
### Tether finances US debt and war machine by buying US Treasuries:
Having laid out the logic behind my statement that “Tether prints USDT out of thin air,” I will now move on to the main argument underlying my position: namely, that Tether is not a bitcoin company because its acquisition of US debt provides life support to a profoundly corrupt and exploitative financial system, which enables a small cabal of western elites exploit the rest of the world to further enrich themselves. The fundamental purpose of bitcoin is to replace this broken system, not to provide life support to it.
The current financial system:
erodes the purchasing power of working-class individuals through inflation
- excludes a significant portion of the global population from accessing to financial services
- preserves ‘the rules-based global order’ (as it is called by the West) that exploits developing nations for the benefit of a privileged few in Western countries
- concentrates control in the hands of an unscrupulous banking cartel and self-proclaimed elites
At the heart of the existing financial system lies the US dollar's role as a global reserve currency that grants the US government considerable leverage to enforce its economic and geopolitical interests. By controlling USD flows, the US can impose financial sanctions on nations that refuse to comply with its rules and norms.
In instances where financial coercion proves ineffective, the US has historically resorted to alternative measures, including military intervention and covert operations, aimed at bringing disobedient countries into compliance with its policy directives. Historical records are full of examples.
- [ ] In 1953, the United States and the United Kingdom collaborated to orchestrate a coup d'état in Iran, resulting in the overthrow of the democratically elected government of Prime Minister Mohammad Mossadegh. This action was carried out following Mossadegh's decision to nationalise Iranian oil companies, which were vital to the West's economic interests.
- [ ] The Central Intelligence Agency (CIA) played a substantial role in supporting a coup against Salvador Allende, the democratically elected President of Chile in 1970, because they were concerned that Allende's policies would lead to a shift towards socialism and potentially even communism, which was seen as a threat to US interests in the region.
- [ ] Saddam Hussein's decision to transition Iraq's oil transactions from US dollars to euros was a major factor contributing to his downfall. By challenging the existing global financial system, Hussein became a threat to the global financial order and therefore paid the price with his life.
- [ ] Muammar Gaddafi proposed the establishment of a gold-based currency, known as the gold dinar, intended for use in African oil transactions. This initiative aimed to create a pan-African currency independent of both the US dollar and euro, potentially undermining their influence in regional trade. The perceived threat posed by this proposal to the global financial order has been the main factor to Libya's destabilization and Gaddafi's eventual demise.
- [ ] The overthrow of Ukraine's democratically elected president in 2014 by a CIA orchestrated a coup d'état, with Victoria Nuland, then-Assistant Secretary of State for European and Eurasian Affairs, playing a key role in the operation. The intervention was motivated by Western corporations’ desire to colonize Russia and use its resources as collateral to prolong the life of the global financial system that has become unsustainable with its current debt levels.
Those interested in understanding the mechanics of the current financial system or learning about the historical crimes committed by West against the Global South are invited to contact me directly. I can provide access to a comprehensive collection of resources that document these issues. However, due to space and time constraints, it is not feasible to elaborate on these topics in detail here.
The statement that Tether is primarily a bitcoin company is entirely unfounded since Tether provides significant support to the current financial system. The US government is currently facing challenges in financing its debt due to decreasing global confidence in its ability to repay its obligations. This is evident in the fact that China has ceased purchasing US debt, while Russia has sold off its entire holdings prior to the Special Military Operation (SMO). Furthermore, private investors are increasingly wary of investing in US debt, citing concerns over its sustainability. Currently, the UK and EU are the only entities actively buying US debt, which, along with the US, are the other two pillars of the existing global financial order. Notably, Tether has emerged as a substantial purchaser of US debt (approximately $100 billion at the time of writing), effectively serving as a vital lifeline for the prolongation of the Western colonial order.
Tether is NOT a bitcoin company. In my opinion, it is fair to say that those who claim that Tether is a bitcoin company are either lacking in critical thinking or have a financial stake that compromises their objectivity.
It is true that it helps bitcoin adoption and by providing liquidity contributes to the upward momentum of bitcoin price. I believe, it is likely that the current price of bitcoin would be significantly lower without Tether's involvement. This raises important questions about the motivations and values of those involved in the bitcoin community who claim that Tether is a bitcoin company. Can their support for Bitcoin be attributed to a sincere interest in advancing the principles of decentralization and sovereignty, or might it be influenced by self-interest and the pursuit of personal wealth? Are there other potential motivations or conflicts of interest at play?
As outlined in this article, I have concerns regarding Tether's alignment with the principles that underpin Bitcoin’s core values. My critique is not intended to be accusatory, but rather to encourage critical evaluation. I acknowledge and appreciate Tether's contribution to bitcoin ecosystem and see their investment in Rumble as a positive development for freedom of speech and recognize Samson's dedication for Bitcoin adoption. However, my appreciation for their efforts does not imply unconditional trust.
The defensive responses of some individuals within the community to my criticisms (without any reasonable counterarguments) have raised questions for me about their potential biases and motivations. While I do not aim to convince those who misinterpret my intentions, I will exercise increased suspicion when engaging with individuals who appear more focused on protecting Tether's interests than upholding the principles of Bitcoin.
In summary, I believe that Tether's role in propping up the current financial system - intentionally or not - underscores the need for skepticism and critical thinking. As global events continue to unfold with unprecedented speed and complexity, it's essential to remember: **'Don't trust, verify!'**
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@ 8ea48526:e6720a43
2025-01-17 18:56:34
Technology trends toward openness time and again. This is why I say that Freedom Tech is Final Tech. Ideas want to be free. Many people built brands on TikTok that are now threatened, which is a reminder to also build on open alternatives you control. There are many examples from history.
Shift from Monasteries to Printing Press. During the Middle Ages, monasteries controlled the production and dissemination of written knowledge. The printing press decentralized access to information, enabling mass production of books and changing the course of history.
Transition from Trains to Automobiles. Trains required centralized infrastructure and control, while cars empowered individuals to travel freely. This shift from centralized to decentralized transportation transformed the way people lived, worked, and interacted with each other.
Telegraph and Telephone. The Telegraph was initially a closed system, with message transmission gated by businesses. The Telephone enabled direct, person-to-person communication, decentralizing access to real-time information and revolutionizing the way people connect.
The evolution of the Internet. ARPANET, the early internet, was a closed network. With the development of TCP/IP, the open internet was born, enabling global communication, innovation, and access to information on an unprecedented scale.
Operating Systems. Unix, a proprietary OS, was the early powerhouse and later eclipsed by Linux, an open-source alternative. Today, Linux powers millions of devices, from smartphones to servers, and has become a cornerstone of modern computing. It runs the world.
Computers. Mainframe Computers were massive, centralized systems that only large organizations could afford. The development of Personal Computers democratized access to computing power, enabling individuals to create, innovate, and participate in the digital economy.
Television and Radio, once controlled by a few large broadcasters, have given way to Podcasts, which enable anyone to create and distribute content. This has democratized the media, allowing new voices and perspectives to emerge. (Thank you Aaron for RSS 😢)
The music industry. Vinyl, tape, and CD distribution, once controlled by record labels and physical stores, have given way to open file formats like MP3 and streaming services. Artists can connect directly with fans and music is more widely available than ever before. V4V.
Government, Monarchy to Republic. Monarchies, with their centralized power and hereditary rule, have given way to republics, where power is distributed among the people and their elected representatives, increasing class mobility and participation.
Central Banking System and Bitcoin. The experimental Central Banking System, with its centralized control and intermediaries, is being challenged by a decentralized, open alternative. It is transforming the way we think about money, value, and financial freedom.
Digital payments and Ecash. Systems like PayPal & Venmo (once the innovators themselves) are being challenged by open alternatives, such as Chaumian e-cash systems like Cashu and Fedimint. These systems promise to increase financial privacy and autonomy for day-to-day payments.
Social networking. Proprietary social platforms control the data & access. Nostr is an open protocol for authoring & distributing digital content. In the age of AI, authenticity is paramount. Nostr cryptographically proves who authored content, maximizing freedom & transparency.
AI. AI began as closed systems from large corporations investing heavily in computing and training. The open community is catching up and pushing new boundaries. Open models that run locally or in confidential computing enclaves provide AI that is free, open, and private.
This is the pattern: over time, the processes that were controlled by a few get replaced by processes controlled by everyone. Always be searching out open alternatives for the tech you use, that’s where we eventually end up. I’m bullish on the future of technology and humanity. 🤘
P.S. You can see that many of these examples are themselves becoming compromised over time, looking to be disrupted again by open technology.
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@ 000002de:c05780a7
2025-01-17 17:23:25
With the [news of Facebook changing its policy on DEI](https://stacker.news/items/853798) I was reminded of how it started and my early thoughts on it. I don't think DEI is dead, far from it but there's a trend forming pushing back. With Facebook and companies in general you have to understand something. Companies are mostly spineless. If a company is pushing something its not "brave" or "risky". All companies are profit driven and when they run these "woke" commercial its not brave. It would have been brave for companies to speak boldly against racism in the 50s but not today. Today most people oppose racism. Not saying we are rid of racism but just that companies are like a flag flying in the wind. They show you the direction the winds are blowing in culture and politics.
I have to say the whole DEI story line has been interesting to watch over the past 20 years. 20 years? Yeah that's what I said because its been a long arc. 20 years is probably to short but in the tech field I'd argue it really started back in the mid 2000s.
In the early 2000s I remember a push to make the tech field more friendly to women. To rid the startup culture of the bro culture and make it more welcoming and less like a college fraternity culture. I had no problem with any of that. But it became clear that very vocal people were not satisfied with that. It wasn't enough to not discriminate and stop tolerating sexism. We needed to actively set quotas for female speakers at conferences and have more diverse representation all over the place. The idea of meritocracy which was once the hallmark of the high tech industry was denigrated.
In the place of meritocracy we have what some have called "positive discrimination". At least that is the perception of critics of DEI. It can be easy to ignore your critics and sometimes that is a good approach. But when your goals are changing the hearts and minds, which at least in the early days of DEI seemed to be the goal, it is vital. Before I offer criticism of DEI I want to say a few positive things about it. From my perspective working in tech for 20 years I think it is good that the culture has become more vocal about "isms". Racism and sexism will always be with us but we should strive to treat people fairly. I've seen both of these in my work life and people are much more comfortable speaking up than they were in the past. That's not a bad thing.
To me it is obvious that quotas and pushing lies like the wage gap harmed the goals of DEI. Why do I say this? Stay with me here. If you believe there are people that just hate women or are racists in an industry those people are very unlikely to come over to your side. So you of course have people that agree with your DEI agenda but to me the focus of DEI is really the middle. Those that aren't sexist or racist but also aren't that motivated. The majority of workers in the early 2000s at least were white males. I believe this is still true today. For the last 20 years this group have been ridiculed on mass and told they are the problem. If this is the group you are seeking to win over... I can't think of a more terrible strategy. So either you have people who just think they are terrible and are being told there isn't much if anything they can do about their racism and sexism. Or you have people who buck up against how they are being lumped in with real racists and sexists.
You end up making enemies of allies. I have watched this happen in the industry over the years. As DEI has expanded into other industries this push back has only became stronger.
Another unintended consequence of DEI seems obvious to me but I rarely hear it mentioned. Today when you see something go wrong and the org has been vocal about DEI those that DEI claims to protect become the obvious targets. This is regardless of any evidence. It just seems like if you are saying we hire and promote on a basis other than merit or qualifications you are not hiring the best. That doesn't mean someone that is a minority isn't as good as a white male but when you discriminate you undercut those you claim to protect.
The loudest voices in DEI have done a terrible job. They have made enemies of allies. When you aren't honest about statistics and data, when you lump people into massive groups and boil everything down to biology and DNA you show your true colors. People don't buy it. I believe this is what we are seeing with the rejection of DEI. When you build something on lies and half truths it is doomed to fail. I'm convinced MOST people that support DEI are just good hearted people that have been manipulated and propagandized. DEI on the surface sounds good to most people. Those that respond in hate to DEI also provide a good boogie man. Divide and conquer works for a while but in the end truth wins.
What do you think?
originally posted at https://stacker.news/items/853862
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@ aade47fd:281e8e4f
2025-01-17 16:52:40
###### Дорогой дневник!
Для формирования творческой дисциплины принял решение вести публичный дневник. Надеюсь, что через несколько недель втянусь, но прямо сейчас мне совершенно не хочется этим заниматься. Использую редактор Obsidian с плагином Nostr Writer. Все это должно попадать в том числе на мою [страницу](https://bkhm.tv) и сможет быть доступно в качестве RSS. Интернет это какая-то магия до сих пор для меня!
###### Один градус тепла
Есть разные мнения о том, какой должна быть погода в аду, но в моем личном температура в течение суток вращается вокруг ноля, порывистый ветер, мелкая холодная морось, лед под ногами и бесконечная ночь. Да, речь идет о зимнем Петербурге. Я каждый год обещаю себе никогда здесь больше не зимовать, но вся эта атмосфера каким-то образом постепенно затягивает. Надо будет напомнить себе, что выбираться отсюда нужно в начале ноября, сразу после дня рождения. Если не в теплые страны, то по крайней мере на Сахалин.
###### Умер Дэвид Линч
Отдаете вы себе в этом отчет или нет, но одна из базовых установок западного человека заключается в том, что никакого зла в этом мире самостоятельным образом не существует: зло это отсутствие добра, глупость — отсутствие ума, болезнь — отсутствие здоровья, тьма — отсутствие света, и так далее. Корнями это все уходит в традицию античного идеализма, кстати, как и слепая вера в рациональность поведения человека. Линч был способен замечать зло в его собственной онтологии, а человека — в абсурде. "*Замечать зло*" звучит, как будто речь идет о шамане, но никого не удивит, если мы скажем, что человек замечает любовь и добро (не поступки, а то, что за ними стоит). В общем, ничего экстрасенсорного — просто иная оптика. Она же позволяет замечать насколько абсурдным оказывается повседневное поведение радикально серьезных людей. Вот и сюжет: борьба Света и Тьмы за сонного человека. Спим на ходу и пробуждаемся в своих снах. И вот у меня всегда было ощущение, что я с Линчем из одного детства, из одних и тех же страшных детских снов. Я благодарен этому человеку за то, что в самых темных и сокровенных частях своей души я не чувствую себя одиноким.
---
На сегодня все, приходите завтра!
Пишите мне на hello@bkhm.tv — обещаю ответить на каждому.
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@ 5d4b6c8d:8a1c1ee3
2025-01-17 14:57:02
# Football
We're in the home stretch of Futbol Americano season. The College Football championship game on Monday will be the final round of our [College Football Playoff Pool](https://stacker.news/items/846487/r/Undisciplined). However, the NFL Playoffs are also the opening rounds of the [**Team USA!!!** vs "the world" challenge](https://stacker.news/items/849989/r/Undisciplined).
As a slight aside, I'm very much looking forward to these markets closing on [Predyx](https://beta.predyx.com/), so I can get some of my sats back.
We'll also talk about where various coaches will end up in the NFL.
# NBA
The Celtics are looking a bit more mortal. Is that real or just a January lull?
KAT Corner
Loser of the Week (submit your entries)
# MLB
Offseason news
I think @grayruby wants to apply the Ewing Theory to Juan Soto, but we'll have to find out.
# NHL
Ovi watch
[Stanley Cup prediction market](https://beta.predyx.com/market/stanley-cup-champion-2025)
# Other Territory News
UEFA and Cricket contest updates
--------
What else should we cover?
My Game of the Week nominee is actually from last week. Is that allowed? There weren't many great games this week.
originally posted at https://stacker.news/items/853599
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@ f88e6629:e5254dd5
2025-01-17 14:10:19
...which allow online payments to be sent directly from one party to another without going through a
financial institution.
- Without sovereign and accessible payments we are loosing censorship resistance
- Without censorship resistance even other core characteristics are in danger - including scarcity and durability.
- This affects every bitcoiner including sworn hodlers and MSTR followers.
| Property | Description | Fulfillment |
| --- | --- | --- |
| Scarce | Fixed supply forever. Instantly and costlessly verifiable | 🟢 Good, but can be harmed without censorship resistance |
| Portable | Effortless to store and move, with negligible costs | 🟠 Onchain transactions can be expensive, other layers require onchain to be sovereign. Easy portability is offered by custodians only. |
| Divisible | Infinitely divisible | 🟠 Smaller units than dust are available only for LN users, which most people can’t use in a sovereign way. |
| Durable | Exists forever without deterioration | 🟢 Good, but can be harmed without censorship resistance |
| Fungible | Every piece is forever the same as every other piece | 🟡 Onchain bitcoin is not fungible. |
| Acceptable | Everyone, anywhere, can send and receive | 🟠 Most people are not able to send and receive in a sovereign way. |
| Censorship Resistant | You hold it. Nobody can take it or stop you sending it | 🟠 Custodians are honey-pots that can and will be regulated |
> ➡️ We need accessible, scalable, and sovereign payment methods
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@ 9dd283b1:cf9b6beb
2025-01-17 14:05:02
If I'm looking at this graph right, then the total zaps per month are somewhere around 100-110k sats.
At the same time, the monthly fee for territory is 50k sats.
So we have 20+ territories, all sharing the total income of 100k, while spending 50k per month each? Or what am I missing?
![](https://m.stacker.news/73372)
originally posted at https://stacker.news/items/853551