@ c43d6de3:a6583169

Every Sunday, my brother Alex and I would catch the scent of pie creeping from the oven as we chased Ronnie and Ellis around my grandma’s house. We were good at keeping traditions. Though we eventually outgrew the days of stampeding through Grandma’s living room, her house remained our gathering place. The four of us—Alex, Ronnie, Ellis, and I—would settle on the back porch, the aroma of freshly baked pie still wafting through the air. We’d trade stories about our first crushes, our first kisses, and our dreams for the future, laughing in the warmth of a home that felt eternal. Alex was the first to leave for college. He never really came back. Four years away, then a big-time job across the country. Ronnie and Ellis—the twins—left a few years later. They never truly returned, either. Not the same, at least. A cruel trick of biology had been lurking in the depths of their genes, lying in wait for the right moment to surface. In college, Ronnie was consumed by schizophrenia, while Ellis battled years of depression. They came back home, but they weren’t the same boys I had grown up with. The ones I had once sprinted through hallways with, laughing until our sides hurt, were lost to something none of us could chase down or outrun. By the time I graduated, the scent of pie had vanished forever. My grandmother’s grave was my last stop before I, too, left town. I never went back. People leave in different ways. Some move to another city or another country. Some lose themselves to illness, slipping through our fingers even as they sit beside us. Some find their final resting place. All dearly departed. What makes their departure so bittersweet is the time we once had with them—the memories we carry, the laughter that still echoes in the corners of our hearts. That’s life. That’s what makes it worth it.

@ 5d4b6c8d:8a1c1ee3

# It's *contest-palooza* at ~Stacker_Sports: - We have [cricket](https://stacker.news/items/898849/r/Undisciplined) - We'll likely have more cricket soon! - We have [USA vs the world](https://stacker.news/items/897858/r/Undisciplined) - We have [soccer](https://stacker.news/items/894320/r/Undisciplined) - We have [NBA](https://stacker.news/items/894412/r/Undisciplined) - Coming soon: March Madness, Fantasy Baseball, MLB Survivor Pools, NFL Mock Drafts, and AFL! # In actual sports news, - the NBA is hitting the home stretch. The contenders, pretenders, and tankers are sorting themselves out. - Steph's 56 - Giannis vs Jokic showdown - Brady tampering for Stafford? - NFL combine and other offseason activity - Ovi chasing the Great One - MLB started spring training games - New ball/strike review system # Degenerate Corner - [Predyx Super Bowl market](https://beta.predyx.com/market/super-bowl-winner-2026-1740263192) - I'm killing it on Ember. What's my secret? Plus, whatever stackers drop in the comments. originally posted at https://stacker.news/items/899748

@ a012dc82:6458a70d

In the dynamic and often unpredictable world of cryptocurrency, the opinions and predictions of financial pundits like Jim Cramer, the host of CNBC's "Mad Money," can significantly sway market sentiments and investor behavior. Cramer, known for his incisive and sometimes controversial market insights, has recently turned his attention to Bitcoin, the leading cryptocurrency. His latest comments suggest a bearish outlook on Bitcoin, which has sparked intense discussions and speculations within the crypto community. This development is particularly noteworthy given Cramer's influence and the weight his opinions often carry in financial circles. His views on Bitcoin are not just idle chatter; they have the potential to shape market trends and influence investment strategies. **Table of Contents** - Cramer's Changing Stance on Bitcoin - Historical Perspective - The "Reverse Cramer Effect" - Market Reactions and Speculations - Analyzing Past Trends - The Role of Bitcoin ETFs - Implications for Investors - Navigating Market Sentiments - The Future of Bitcoin - Conclusion - FAQs **Cramer's Changing Stance on Bitcoin** **Historical Perspective** Jim Cramer's relationship with Bitcoin has been a rollercoaster of changing opinions and stances. Initially skeptical, Cramer warmed up to Bitcoin, acknowledging its potential as an investment asset. However, his recent bearish comments mark a significant shift from his earlier views. This change is intriguing, as it comes at a time when Bitcoin has been showing signs of recovery and gaining mainstream acceptance. Cramer's influence in the financial world means that his opinions are closely monitored and can lead to tangible market reactions. His latest stance, suggesting that Bitcoin is "topping out," has therefore raised eyebrows and led to debates about the future direction of the cryptocurrency. **The "Reverse Cramer Effect"** The phenomenon known as the "reverse Cramer effect" has become a topic of interest among investors and market analysts. This effect, where the market tends to move in the opposite direction of Cramer's advice, has been observed on multiple occasions. For example, after Cramer advised investors to sell Bitcoin in April 2023, the cryptocurrency's price surged, defying his predictions. This pattern has led some investors to view Cramer's predictions as a contrarian indicator. The consistency of this effect raises questions about market psychology and the influence of prominent financial figures on investor behavior. It also underscores the complexity and unpredictability of the cryptocurrency market, where sentiment can often drive price movements more than fundamentals. **Market Reactions and Speculations** **Analyzing Past Trends** The market's reaction to Cramer's comments is not just a matter of idle speculation; it has real implications for investors and traders. The "reverse Cramer effect" has been noted not just in the case of Bitcoin but also in other financial markets. This phenomenon suggests a deeper, perhaps psychological, aspect of market behavior where investors might be inclined to react contrarily to prominent predictions. The recent bearish stance by Cramer on Bitcoin thus becomes a focal point for market watchers. If history is any guide, this could very well be an inadvertent signal for a bullish phase for Bitcoin. **The Role of Bitcoin ETFs** The potential approval of Bitcoin ETFs by the SEC is a significant development in the cryptocurrency world. These ETFs would provide a more accessible and regulated avenue for investing in Bitcoin, potentially attracting a new class of investors. The approval of these ETFs could be a game-changer for Bitcoin's price, as it would represent a major step towards mainstream acceptance and institutional investment. The timing of Cramer's comments in the context of these developments adds an interesting dimension to market speculations. If the SEC does approve Bitcoin ETFs, and the "reverse Cramer effect" holds true, we could witness a substantial bull run in Bitcoin's price. **Implications for Investors** **Navigating Market Sentiments** For investors, the "reverse Cramer effect" and the potential approval of Bitcoin ETFs present a complex scenario. While it's tempting to base investment decisions on the predictions of market experts, the unpredictable nature of cryptocurrencies requires a more nuanced approach. Investors need to consider a range of factors, including market trends, technological developments, regulatory changes, and broader economic indicators. The case of Jim Cramer's shifting stance on Bitcoin highlights the importance of not relying solely on expert opinions but also conducting independent research and analysis. **The Future of Bitcoin** The future of Bitcoin, as suggested by the recent developments and Cramer's comments, appears to be at a potential turning point. While the possibility of a bull market looms, it's important to remember the inherent volatility and risks associated with cryptocurrencies. The market's response to Cramer's comments, coupled with the potential regulatory advancements like Bitcoin ETFs, could indeed set the stage for significant price movements. However, investors should remain cautious and diversified in their approach, keeping in mind that the cryptocurrency market is still maturing and subject to rapid changes. **Conclusion** Jim Cramer's recent bearish comments on Bitcoin have stirred up a wave of discussions and speculations about the future of this leading cryptocurrency. While his track record suggests the possibility of an upcoming bull market, the volatile and unpredictable nature of the crypto world warrants a cautious approach. Investors should weigh Cramer's opinions alongside other market indicators and conduct thorough research before making investment decisions. As the cryptocurrency landscape continues to evolve, staying informed, adaptable, and prudent remains crucial for navigating the market's ebbs and flows. **FAQs** **Who is Jim Cramer?** Jim Cramer is a well-known financial expert and the host of CNBC's "Mad Money." He is recognized for his bold market predictions and has a significant influence in the financial world. **What is the "Reverse Cramer Effect"?** The "Reverse Cramer Effect" refers to a phenomenon where the market tends to move in the opposite direction of Jim Cramer's predictions. This has been observed particularly in the cryptocurrency market with Bitcoin. **Why are Jim Cramer's comments on Bitcoin important?** Cramer's comments are closely followed by investors and can influence market trends. His recent bearish stance on Bitcoin has sparked discussions and speculations about a potential bull market due to the "Reverse Cramer Effect." **What impact could Bitcoin ETFs have on the market?** The approval of Bitcoin ETFs (Exchange Traded Funds) by the SEC could significantly boost Bitcoin's price by providing a regulated and accessible investment avenue, potentially attracting more mainstream and institutional investors. **Should investors base their decisions solely on Jim Cramer's predictions?** While Cramer's opinions are influential, investors are advised to conduct their own research and consider a range of factors before making investment decisions, due to the unpredictable nature of the cryptocurrency market. **That's all for today** **If you want more, be sure to follow us on:** **NOSTR: croxroad@getalby.com** **X: [@croxroadnewsco](https://x.com/croxroadnewsco)** **Instagram: [@croxroadnews.co/](https://www.instagram.com/croxroadnews.co/)** **Youtube: [@thebitcoinlibertarian](https://www.youtube.com/@thebitcoinlibertarian)** **Store: https://croxroad.store** **Subscribe to CROX ROAD Bitcoin Only Daily Newsletter** **https://www.croxroad.co/subscribe** **Get Orange Pill App And Connect With Bitcoiners In Your Area. Stack Friends Who Stack Sats link: https://signup.theorangepillapp.com/opa/croxroad** **Buy Bitcoin Books At Konsensus Network Store. 10% Discount With Code “21croxroad” link: https://bitcoinbook.shop?ref=21croxroad** ***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.***

@ 2dd9250b:6e928072

Vi recentemente um post onde a pessoa diz que aquele final do filme O Doutrinador (2019) não faz sentido porque mesmo se explodir o Palácio dos Três Poderes, não acaba a corrupção no Brasil. Olha a mentalidade desse pessoal! São analfabetos mesmo. Progressistas são pessoas que não sabem ler e não conseguem interpretar nada, não possuem essa capacidade de interpretar o que está lendo porque o final de Doutrinador não tem a ver com isso, tem a ver com a relação entre Herói e a sua Cidade. Nas histórias em quadrinhos sempre existe uma ligação entre a cidade e o Super-Herói, é por isso que Gotham City acaba criando o Batman, isso é mostrado em The Batman e em Batman: Cavaleiro das Trevas, quando aquele garoto no final, diz para o Batman não fugir, porque ele queria ver o Batman de novo. E o Comissário Gordon diz que o "Batman é o que a cidade de Gotham precisa." Em Batman: Cavaleiro das Trevas Ressurge você vê justamente a cidade de Gotham sendo tomada pela corrupção e pela ideologia do Bane. A Cidade vai definhando em imoralidade e o Bruce olha da prisão naquele poço a cidade sendo destruída e decide que o Batman precisa voltar porque se Gotham for destruída, o Batman é destruído junto e é por isso que ele consegue sair daquele poço e voltar para salvar Gotham. Isso também é mostrado em Demolidor. Na série Demolidor o Matt Murdock sempre está falando que ele precisa defender a cidade Cozinha do Inferno; que o Fisk não vai dominar a cidade e fazer o que ele quer. Inclusive na terceira temporada isso fica mais evidente na luta final na mansão do Fisk, onde Matt fala para ele que agora a cidade toda vai saber o que ele fez; a cidade vai ver o mal que ele é para Hell's Kitchen, porque a gente sabe que o Fisk fez de tudo para a imagem do Demolidor entrar e descrédito perante os cidadãos, então o que acontece no final ali do Doutrinador não significa que ele está acabando com a corrupção quando explode o Congresso, ele está praticamente interrompendo o ciclo do sistema, ele está colocando uma falha na engrenagem do sistema. Quando você ouve o nome "Brasília" você pensa na corrupção dos políticos, onde a farra acontece, onde os políticos moram, onde eles desviam dinheiro arrecadado dos impostos que vai tudo para Brasília, então quando você ouve falarem de Brasília, você sempre pensa que o pessoal que mora lá, mora junto com tudo de podre que acontece no Brasil. Então quando ele explode tudo ali, ele está basicamente destruindo o mecanismo que suja Brasília. Ele está fazendo isso naquela cidade. Porque o símbolo da cidade é justamente esse, a farsa de que naquele lugar o povo será ouvido e a justiça será feita. Ele está destruindo a ideologia de que o Estado nos protege, nos dá segurança, saúde e educação. Porque na verdade o Estado só existe para privilegiar os políticos, funcionários públicos de auto escalão, suas famílias e amigos. Enquanto que o povo sofre para sustentar a elite política. O protagonista Miguel entendeu isso quando a filha dele morreu na fila do SUS.

@ d360efec:14907b5f

**ภาพรวมการวิเคราะห์ Bitcoin (BTC)** จากการตรวจสอบกราฟและอินดิเคเตอร์ใน Timeframe 15 นาที, 4 ชั่วโมง, และรายวัน (Day) พบว่า Bitcoin มีความผันผวนและมีแนวโน้มการเปลี่ยนแปลงที่น่าสนใจในแต่ละ Timeframe ดังรายละเอียดต่อไปนี้ค่ะ **อินดิเคเตอร์ที่ใช้ในการวิเคราะห์** * **EMA (Exponential Moving Average):** * **EMA 50 (สีเหลือง):** แสดงแนวโน้มระยะสั้นของราคา * **EMA 200 (สีขาว):** แสดงแนวโน้มระยะยาวของราคา * **SMC (Smart Money Concepts):** แนวคิดการเทรดที่เน้นการวิเคราะห์พฤติกรรมของ "Smart Money" หรือผู้เล่นรายใหญ่ในตลาด * **ICT (Inner Circle Trader) Buyside & Sellside Liquidity:** อินดิเคเตอร์ที่ระบุตำแหน่งสภาพคล่องฝั่งซื้อและฝั่งขาย ซึ่งเป็นเป้าหมายราคาที่น่าสนใจ * **Money Flow:** อินดิเคเตอร์ที่แสดงทิศทางการไหลเข้าออกของเงินทุนในสินทรัพย์ * **Trend Strength (🌟Introducing the Trend and Strength Signals indicator by AlgoAlpha!):** อินดิเคเตอร์ที่ช่วยระบุแนวโน้มและความแข็งแกร่งของตลาด มีลักษณะเป็นเมฆและสัญญาณซื้อขาย **วิเคราะห์แนวโน้มและกลยุทธ์การเทรด** **1. Timeframe 15 นาที (TF 15m)**  * **แนวโน้ม:** ใน TF 15 นาที ราคา BTC มีความผันผวนในกรอบแคบ EMA 50 ตัดกับ EMA 200 บ่งบอกถึงความไม่แน่นอนของแนวโน้มในระยะสั้น * **สัญญาณอินดิเคเตอร์:** * **Trend Strength:** เกิดสัญญาณซื้อขาย (Buy/Sell Signal) แต่เมฆ (Cloud) ยังไม่ชัดเจน บ่งบอกถึงความแข็งแกร่งของแนวโน้มยังไม่เด่นชัด * **Money Flow:** มีการสลับการไหลเข้าออกของเงินทุน สะท้อนถึงความไม่แน่นอนในระยะสั้น * **Buyside & Sellside Liquidity:** อินดิเคเตอร์นี้จะช่วยระบุแนวรับแนวต้านใน TF สั้นๆ เพื่อใช้ในการพิจารณาจุดเข้าออก * **Chart Pattern:** พิจารณารูปแบบ Chart Pattern ใน TF 15 นาที เช่น รูปแบบสามเหลี่ยม (Triangle) หรือรูปแบบธง (Flag) เพื่อหารูปแบบราคาที่อาจเกิดขึ้น * **กลยุทธ์ Day Trade (การเทรดรายวัน):** * **กลยุทธ์:** เน้นการเทรดในกรอบ Sideway โดยใช้แนวรับแนวต้านที่ระบุจาก Buyside & Sellside Liquidity และสัญญาณจาก Trend Strength ประกอบการตัดสินใจ * **SMC Setup:** มองหา SMC Setup ใน TF 15 นาที เช่น Order Block หรือ Fair Value Gap บริเวณแนวรับแนวต้าน เพื่อหาจังหวะเข้าเทรดตามแนวโน้มระยะสั้น * **สิ่งที่ต้องระวัง:** ความผันผวนสูงใน TF 15 นาที อาจทำให้เกิดสัญญาณหลอก ควรใช้ Stop Loss ที่เหมาะสม และบริหารความเสี่ยงอย่างเคร่งครัด **2. Timeframe 4 ชั่วโมง (TF 4H)**  * **แนวโน้ม:** ใน TF 4 ชั่วโมง ราคา BTC มีแนวโน้มเป็นขาขึ้น EMA 50 อยู่เหนือ EMA 200 บ่งบอกถึงแนวโน้มขาขึ้นในระยะกลาง * **สัญญาณอินดิเคเตอร์:** * **Trend Strength:** เกิดเมฆสีเขียว (Green Cloud) และสัญญาณซื้อ (Buy Signal) บ่งบอกถึงแนวโน้มขาขึ้นที่แข็งแกร่ง * **Money Flow:** เงินทุนไหลเข้าต่อเนื่อง สนับสนุนแนวโน้มขาขึ้น * **Buyside & Sellside Liquidity:** อินดิเคเตอร์นี้จะช่วยระบุแนวรับแนวต้านที่สำคัญใน TF 4 ชั่วโมง เพื่อใช้ในการวางแผนการเทรดระยะกลาง * **Chart Pattern:** พิจารณารูปแบบ Chart Pattern ใน TF 4 ชั่วโมง เช่น รูปแบบ Cup and Handle หรือรูปแบบ Ascending Triangle เพื่อยืนยันแนวโน้มขาขึ้น * **กลยุทธ์ Day Trade (การเทรดรายวัน) / Swing Trade (การเทรดระยะกลาง):** * **กลยุทธ์:** เน้นการเทรดตามแนวโน้มขาขึ้น โดยใช้ EMA 50 และแนวรับแนวต้านจาก Buyside & Sellside Liquidity เป็นจุดอ้างอิงในการเข้าเทรด * **SMC Setup:** มองหา SMC Setup ใน TF 4 ชั่วโมง เช่น Break of Structure (BOS) หรือ Change of Character (CHOCH) เพื่อหาจังหวะเข้าเทรดตามแนวโน้มขาขึ้น * **สิ่งที่ต้องระวัง:** การพักตัวของราคาในแนวโน้มขาขึ้น อาจทำให้เกิดการย่อตัวระยะสั้น ควรพิจารณาแนวรับที่แข็งแกร่ง และตั้ง Stop Loss เพื่อป้องกันความเสี่ยง **3. Timeframe รายวัน (TF Day)**  * **แนวโน้ม:** ใน TF รายวัน ราคา BTC ยังคงอยู่ในแนวโน้มขาขึ้นระยะยาว EMA 50 อยู่เหนือ EMA 200 อย่างชัดเจน * **สัญญาณอินดิเคเตอร์:** * **Trend Strength:** เกิดเมฆสีเขียวขนาดใหญ่ (Large Green Cloud) และสัญญาณซื้อต่อเนื่อง (Continuous Buy Signal) บ่งบอกถึงแนวโน้มขาขึ้นระยะยาวที่แข็งแกร่งมาก * **Money Flow:** เงินทุนไหลเข้าอย่างต่อเนื่องและแข็งแกร่ง สนับสนุนแนวโน้มขาขึ้นระยะยาว * **Buyside & Sellside Liquidity:** อินดิเคเตอร์นี้จะช่วยระบุแนวรับแนวต้านที่สำคัญใน TF รายวัน เพื่อใช้ในการวางแผนการลงทุนระยะยาว * **Chart Pattern:** พิจารณารูปแบบ Chart Pattern ใน TF รายวัน เช่น รูปแบบ Bullish Flag หรือรูปแบบ Wedge เพื่อยืนยันแนวโน้มขาขึ้นระยะยาว * **กลยุทธ์ Day Trade (การเทรดรายวัน) / Swing Trade (การเทรดระยะกลาง) / Long-Term Investment (การลงทุนระยะยาว):** * **กลยุทธ์:** เน้นการลงทุนระยะยาวตามแนวโน้มขาขึ้น โดยพิจารณาจังหวะเข้าซื้อเมื่อราคาย่อตัวลงมาบริเวณแนวรับสำคัญใน TF รายวัน * **SMC Setup:** มองหา SMC Setup ใน TF รายวัน เช่น Institutional Order Flow เพื่อยืนยันแนวโน้มขาขึ้นระยะยาว * **สิ่งที่ต้องระวัง:** ความเสี่ยงจากปัจจัยภายนอกที่อาจกระทบตลาด Cryptocurrency ในระยะยาว ควรติดตามข่าวสารและสถานการณ์ตลาดอย่างใกล้ชิด และกระจายความเสี่ยงในการลงทุน **สรุป** จากการวิเคราะห์ BTC ใน 3 Timeframe ด้วยอินดิเคเตอร์และ Chart Pattern พบว่า BTC ยังคงมีแนวโน้มขาขึ้นในระยะกลางและระยะยาว อย่างไรก็ตาม ในระยะสั้น TF 15 นาที ยังมีความผันผวนและไม่แน่นอน กลยุทธ์การเทรดที่เหมาะสมจะแตกต่างกันไปตาม Timeframe และเป้าหมายการเทรดของแต่ละบุคคล ควรพิจารณาความเสี่ยงและบริหารจัดการเงินทุนอย่างเหมาะสม **คำแนะนำเพิ่มเติม** * **ศึกษาเพิ่มเติม:** ควรศึกษาเพิ่มเติมเกี่ยวกับ SMC, ICT, และ Trend Strength Indicator เพื่อให้เข้าใจหลักการทำงานและนำไปประยุกต์ใช้ในการเทรดได้อย่างมีประสิทธิภาพ * **ทดลองบนบัญชี Demo:** ทดลองกลยุทธ์ต่างๆ บนบัญชี Demo ก่อนนำไปใช้จริง เพื่อทดสอบความเข้าใจและปรับปรุงกลยุทธ์ให้เหมาะสมกับตนเอง * **ติดตามข่าวสาร:** ติดตามข่าวสารและสถานการณ์ตลาด Cryptocurrency อย่างสม่ำเสมอ เพื่อประกอบการตัดสินใจในการเทรดและการลงทุน **Disclaimer (ข้อจำกัดความรับผิดชอบ):** การวิเคราะห์นี้มีวัตถุประสงค์เพื่อให้ข้อมูลเท่านั้น และเป็นความคิดเห็นส่วนบุคคล ไม่ใช่คำแนะนำทางการเงิน การลงทุนใน Cryptocurrency มีความเสี่ยงสูง นักลงทุนควรศึกษาข้อมูลด้วยตนเองและใช้ความระมัดระวังก่อนตัดสินใจลงทุน

@ d360efec:14907b5f

$OKX:BTCUSDT.P From checking the charts and indicators in 15-minute, 4-hour, and daily timeframes, it is found that Bitcoin is volatile and has interesting trend changes in each timeframe, as detailed below: **Trend Analysis and Trading Strategies** **1. 15-Minute Timeframe (TF 15m)**  * **Trend:** In the 15-minute TF, the BTC price is fluctuating in a narrow range. EMA 50 crossing with EMA 200 indicates short-term trend uncertainty. * **Indicator Signals:** * **Trend Strength:** Buy/Sell signals occur, but the cloud is not yet clear, indicating that the trend strength is not yet prominent. * **Money Flow:** There is an alternating inflow and outflow of funds, reflecting short-term uncertainty. * **Buyside & Sellside Liquidity:** This indicator helps identify support and resistance levels in short TFs to consider entry and exit points. * **Chart Pattern:** Consider Chart Patterns in the 15-minute TF, such as Triangle or Flag patterns, to find possible price patterns. * **Day Trade Strategy:** * **Strategy:** Focus on trading in a Sideway range, using support and resistance levels identified by Buyside & Sellside Liquidity and signals from Trend Strength to make decisions. * **SMC Setup:** Look for SMC Setups in the 15-minute TF, such as Order Blocks or Fair Value Gaps around support and resistance areas, to find short-term trend trading opportunities. * **Things to watch out for:** High volatility in the 15-minute TF may cause false signals. Appropriate Stop Loss should be used and risk should be managed strictly. **2. 4-Hour Timeframe (TF 4H)**  * **Trend:** In the 4-hour TF, the BTC price is trending upwards. EMA 50 is above EMA 200, indicating a medium-term uptrend. * **Indicator Signals:** * **Trend Strength:** A Green Cloud and Buy Signal occur, indicating a strong uptrend. * **Money Flow:** Funds continue to flow in, supporting the uptrend. * **Buyside & Sellside Liquidity:** This indicator helps identify important support and resistance levels in the 4-hour TF for medium-term trading planning. * **Chart Pattern:** Consider Chart Patterns in the 4-hour TF, such as Cup and Handle or Ascending Triangle patterns, to confirm the uptrend. * **Day Trade / Swing Trade Strategy:** * **Strategy:** Focus on trading along the uptrend, using EMA 50 and support and resistance levels from Buyside & Sellside Liquidity as reference points for entering trades. * **SMC Setup:** Look for SMC Setups in the 4-hour TF, such as Break of Structure (BOS) or Change of Character (CHOCH), to find trading opportunities along the uptrend. * **Things to watch out for:** Price consolidation in an uptrend may cause short-term pullbacks. Strong support levels should be considered, and Stop Loss should be set to prevent risk. **3. Daily Timeframe (TF Day)**  * **Trend:** In the Daily TF, the BTC price is still in a long-term uptrend. EMA 50 is clearly above EMA 200. * **Indicator Signals:** * **Trend Strength:** A Large Green Cloud and Continuous Buy Signal occur, indicating a very strong long-term uptrend. * **Money Flow:** Funds are flowing in continuously and strongly, supporting the long-term uptrend. * **Buyside & Sellside Liquidity:** This indicator helps identify important support and resistance levels in the Daily TF for long-term investment planning. * **Chart Pattern:** Consider Chart Patterns in the Daily TF, such as Bullish Flag or Wedge patterns, to confirm the long-term uptrend. * **Day Trade / Swing Trade / Long-Term Investment Strategy:** * **Strategy:** Focus on long-term investment along the uptrend, considering buying opportunities when the price pulls back to important support levels in the Daily TF. * **SMC Setup:** Look for SMC Setups in the Daily TF, such as Institutional Order Flow, to confirm the long-term uptrend. * **Things to watch out for:** Risks from external factors that may affect the cryptocurrency market in the long term. Market news and situations should be closely monitored, and investment risk should be diversified. **Summary** From analyzing BTC in 3 Timeframes with indicators and Chart Patterns, it is found that BTC still has an uptrend in the medium and long term. However, in the short term, the 15-minute TF is still volatile and uncertain. Appropriate trading strategies will vary depending on the timeframe and individual trading goals. Risk should be considered and capital should be managed appropriately. **Additional Recommendations** * **Further Study:** Further study on SMC, ICT, and Trend Strength Indicator should be done to understand the working principles and apply them effectively in trading. * **Experiment on Demo Account:** Experiment with various strategies on a Demo account before using them in real trading to test understanding and improve strategies to suit oneself. * **Follow News:** Follow cryptocurrency market news and situations regularly to inform trading and investment decisions. **Disclaimer:** This analysis is for informational purposes only and represents a personal opinion. It is not financial advice. Investing in cryptocurrencies involves significant risk. Investors should conduct their own research and exercise due diligence before making any investment decisions.

@ d360efec:14907b5f

$OKX:BTCUSDT.P **Overview:** Based on the overall picture across the 3 timeframes (15m, 4H, Day), Bitcoin is in a bullish trend but is experiencing a short-term consolidation. **Analysis of each Timeframe:** * **TF 15m:**  * **SMC:** The price is in a sideways consolidation phase after breaking out of a triangle pattern. There's potential to test the Buyside Liquidity around $64,000. * **ICT:** The price is testing the EMA 50 (yellow) support. If it holds above this support, there's a chance for further upward movement. * **Buyside & Sellside Liquidity:** * Buyside Liquidity: $64,000 * Sellside Liquidity: $60,000 (around EMA 200 and the lower boundary of the sideways range) * **Money Flow:** Positive, supporting the bullish trend. * **EMA:** EMA 50 > EMA 200, a bullish signal. * **Trend Strength:** Thick green cloud and buy signals indicate a strong uptrend. * **Chart Pattern:** Triangle breakout. * **TF 4H:**  * **SMC:** The price is in a clear uptrend after breaking out of a significant resistance level. * **ICT:** The price is holding strongly above both EMA 50 and EMA 200. * **Buyside & Sellside Liquidity:** * Buyside Liquidity: No significant resistance nearby. * Sellside Liquidity: $58,000 (around EMA 50) * **Money Flow:** Positive, supporting the bullish trend. * **EMA:** EMA 50 > EMA 200, a bullish signal. * **Trend Strength:** Green cloud and buy signals indicate an uptrend. * **TF Day:**  * **SMC:** The price is in a clear uptrend. * **ICT:** The price is holding strongly above both EMA 50 and EMA 200. * **Buyside & Sellside Liquidity:** * Buyside Liquidity: No significant resistance nearby. * Sellside Liquidity: $50,000 (around EMA 50) * **Money Flow:** Positive, supporting the bullish trend. * **EMA:** EMA 50 > EMA 200, a bullish signal. * **Trend Strength:** Thick green cloud and buy signals indicate a strong uptrend. **Day Trade Strategy (SMC):** 1. **Buy on Dip:** Wait for the price to pull back towards the EMA 50 support on the 15m TF (around $61,500 - $62,000) or the lower boundary of the sideways range. 2. **Take Profit:** Set a profit target at the Buyside Liquidity around $64,000. 3. **Stop Loss:** Set a stop loss slightly below the Sellside Liquidity around $60,000. **Things to Watch Out For:** * **Volatility:** Bitcoin is highly volatile. Set your stop loss appropriately. * **False Breakout:** Be cautious of false breakouts. * **News:** Stay updated on news that may impact Bitcoin's price. **Summary:** Bitcoin is in a bullish trend across all timeframes but is experiencing a short-term consolidation. The recommended day trade strategy is "Buy on Dip," with a profit target of $64,000 and a stop loss slightly below $60,000. **Disclaimer:** This analysis is for informational purposes only and represents a personal opinion. It is not financial advice. Investing in cryptocurrencies involves significant risk. Investors should conduct their own research and exercise due diligence before making any investment decisions.

@ 2e8970de:63345c7a

 the silence before the storm originally posted at https://stacker.news/items/899535

@ e373ca41:b82abcc5

*Dieser Artikel wurde mit dem* *[Pareto-Client](https://pareto.space/read)* geschrieben (lesen Sie ihn dort, um die volle Erfahrung zu machen).  *Dies ist Teil 3 der Serie “Die Corona-Connection”: Lesen Sie hier* *[Teil 1](https://pareto.space/a/naddr1qqxnzden8quryveexq6rywp3qgswxu72gyq7ykjdfl9j556887jpzwu3mw3v9ez36quas55whq4te3grqsqqqa28l4mwne)* *und* *[Teil 2](https://pareto.space/a/naddr1qqxnzden8yensv3jxyenqv3eqgswxu72gyq7ykjdfl9j556887jpzwu3mw3v9ez36quas55whq4te3grqsqqqa2847yc03)*[.](https://pareto.space/a/naddr1qqxnzden8yensv3jxyenqv3eqgswxu72gyq7ykjdfl9j556887jpzwu3mw3v9ez36quas55whq4te3grqsqqqa2847yc03) *Wenn die Realität die Fiktion überholt: das ist die Signatur unserer Epoche. Im Zuge täglicher Enthüllungen tritt nun immer deutlicher der medial-industrielle Komplex der “Corona-Connection” zum Vorschein. Allein die Finanzströme zeigen deutlich: der Anfangsverdacht einer Verschwörung ist sichtbar und nachweisbar.* *** **Sie wollen meine (überwiegend englischen) Artikel auch per Email bekommen?**&#x20; **[Hier](https://pareto.space/u/ashoka@pareto.space#subscribe)** **können Sie sich eintragen für den Newsletter (max. 1-2 x pro Woche).** *** ### “Follow the Money” In Washington hat das große Sesselrücken begonnen: Tausende Wohnungen und Häuser werden gerade auf den Markt geschwemmt, die Suchanfragen nach Offshorebanken und Strafverteidigern explodiert. Die Ratten verlassen das sinkende Schiff, eine alte Nomenklatura fällt, eine neue wird errichtet. So ist Politik. Wie viel davon Inszenierung und wie viel echt ist, werden wir erst später erfahren. [](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F13c10c76-0ad9-4db8-b3f9-e5e83100c812_1040x1116.png) (Quelle: [X/@wikileaks](https://x.com/wikileaks/status/1890177866085855461?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1890177866085855461%7Ctwgr%5Ec7b04670001e6199207c6ed1c3bcf4ac8cf4d6d4%7Ctwcon%5Es1_\&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Feruption-bleachbit-wipe-hard-drive-offshore-bank-searches-dc-suggest-deep-state-panic)) Schon jetzt erfahren die Europäer allerdings von JD Vance, dass in Washington “ein neuer Sheriff in town” ist. [Die Rede auf der Münchener Sicherheitskonferenz](https://x.com/wikileaks/status/1890177866085855461?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1890177866085855461%7Ctwgr%5Ec7b04670001e6199207c6ed1c3bcf4ac8cf4d6d4%7Ctwcon%5Es1_\&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Feruption-bleachbit-wipe-hard-drive-offshore-bank-searches-dc-suggest-deep-state-panic) war eine Zäsur in den transatlantischen Beziehungen. JD Vance hat Europa die Leviten gelesen: Wir glaubten nicht mehr an die Meinungsfreiheit, und damit an die Demokratie; wir griffen in Wahlen ein, deindustrialisierten uns selbst, betrieben ideologische Beeinflussung, Zensur und Manipulation. Eine beeindruckende Rede eines früheren Trump-Verächters (er nannte ihn mal einen Betrüger und überlegte Hillary Clinton zu wählen). Und dann der „Killer-Satz“ an das Establishment: > *„Wenn Sie Angst vor den eigenen Bürgern haben gibt es nichts, was die USA für Sie tun können.“* Ja, Vance hat in vielem Recht, Europa ist ein sektiererischer Bürokratenkontinent, der ideologisch gekapert ist. Doch vielleicht hätte Vance etwas mehr darüber sprechen können, was die USA bereits „für Europa getan haben“, allein in den letzten Jahren: * Der Europäische Debattenraum wurde mit US-Steuergeldern manipuliert, [knapp 500 Mio USD. flossen durch die Kanäle von USAID und Co.](https://www.freischwebende-intelligenz.org/p/unterwanderter-journalismus-der-mediale) * Deindustrialisierung: Danke für die Sprengung von Nordstream, großer Bruder! * Zensur: waren das nicht auch die großen amerikanische Social Media Plattformen, siehe [Twitter-Files?](https://www.freischwebende-intelligenz.org/p/twitter-files) * Ach überhaupt, der ganze Verschwörungskomplex zu Corona, ist nicht die Corona-Connection im Kern ein Konsortium überwiegend amerikanischer Player? NGOs, öffentliche Gesundheitsbehörden, CIA, Überwachungsindustrie, Big Pharma im Verbund mit China. * Wer in den letzten Jahren von “Misinformation und Disinformation” sprach, benutzte exakt das USAID-Wording und derartige Beispiele gibt es viele. *** ANZEIGE: **Sie suchen nach dem einfachsten Weg, Bitcoin zu kaufen und selbst zu verwahren?**\*\*\*\*\*\* *Die* ***[Relai-App](https://relai.app/de/?af_xp=custom\&source_caller=ui\&pid=INFLUENCER\&is_retargeting=true\&af_click_lookback=7d\&shortlink=eo5zpzew\&af_channel=branded_url\&af_inactivity_window=30d\&c=Milosz%20Matuszek)*** *ist Europas erfolgreichste Bitcoin-App.* ***[Hier](https://relai.app/de/?af_xp=custom\&source_caller=ui\&pid=INFLUENCER\&is_retargeting=true\&af_click_lookback=7d\&shortlink=eo5zpzew\&af_channel=branded_url\&af_inactivity_window=30d\&c=Milosz%20Matuszek)*** *kaufen Sie Bitcoin in wenigen Schritten und können auch Sparpläne einrichten. Niemand hat Zugriff auf Ihre Bitcoin, außer Sie selbst.* ***Relai senkt jetzt die Gebühr auf 1%**, mit dem Referral-Code* ***MILOSZ*** *sparen Sie weitere 10%. (keine Finanzberatung). Disclaimer wg. EU-Mica-Regulierung: Die Dienste von Relai werden ausschließlich für Einwohner der Schweiz und Italiens empfohlen.*  *** Sprechen wir also zuerst vom Verrat Amerikas an der Welt, in Form der größten Psyop der Welt, sowie dem Biowaffenangriff in Form von Corona und mRNA, an dem amerikanische Behörden maßgeblich beteiligt waren. Die USA (oder der deep state?) sind scheinbar im Kalten Krieg mit der eigenen Bevölkerung und der Welt: * USAID und NIAID [finanzierten Coronavirusforschung](https://www.freischwebende-intelligenz.org/p/usaid-and-co-die-ersten-kopfe-der) in Wuhan, USAID finanzierte massiv die Bill & Melinda Gates Stiftung, [Impfprogramme](https://www.ivi.int/who-we-are/ivi-the-united-states/) sowie [GAVI](https://www.gavi.org/news/media-room/united-states-endorses-gavi-recommendation-us-116-billion-four-year-commitment), CEPI, Programme für [“reproductive health](https://2017-2020.usaid.gov/sites/default/files/documents/FPRH-factsheet_OCT2020.pdf)” [etc](https://www.mathematica.org/publications/wash-for-life-findings-from-an-evaluation-of-the-partnership-between-the-bill-and-melinda-gates-fdn). Die Liste der “joint ventures” von Gates und USAID ist lang. Und USAID finanzierte den Propagandaapparat. * Früher eichte die CIA Schriftsteller im [Congress for Culture Freedom](https://en.wikipedia.org/wiki/Congress_for_Cultural_Freedom), heute finanzieren sie Weiterbildungen und Medientrainings für Tausende Journalisten, auch in Europa. Die Presselandschaft wird wie bei [“Operation Mockingbird”](https://www.youtube.com/watch?v=NK1tfkESPVY\&t=20s) einfach weiter unterwandert. * Reuters bekam 9 Mio. vom US-Verteidigungsministerium und eine köstliche Programm-Beschreibung obendrein: [Millionen für social engineering und gesellschaftliche Täuschung,](https://www.usaspending.gov/award/CONT_AWD_FA865018C7886_9700_-NONE-_-NONE-) *[large societal deception](https://www.usaspending.gov/award/CONT_AWD_FA865018C7886_9700_-NONE-_-NONE-)* [(abgekürzt LSD)](https://www.usaspending.gov/award/CONT_AWD_FA865018C7886_9700_-NONE-_-NONE-). Ein Wink mit dem Zaunpfahl auf [“Mission Mind Control”](https://www.youtube.com/watch?v=DMH5WgGFxlc), also Bewusstseinsexperimente der CIA, u.a. mit LSD? [](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe5184a90-1b9c-42c3-95a7-505f87b34cac_900x471.jpeg) - Ein paar Tröpfchen LSD dürfen nicht fehlen (rechts unten) Die Rede vom Verrat an den eigenen Werten in vasallenartigem Gehorsam reiht sich jedenfalls schlecht ein in den noch größeren Verrat der eigenen Werte und eine Form von Hochverrat am Bürger durch amerikanische Behörden. Was genau bleibt also vom Vorwurf von Vance? Ihr habt bei der von uns mitfinanzierten Propagandamaschinerie etwas zu gut mitgemacht. Watch your values! Die Rede von Vance sei Wahlbeeinflussung, eine Einmischung in „unsere Demokratie“, heißt es nun bei hiesigen Nomenklaturapolitikern. Wahlbeeinflussung durch Vance? Eine schöne Nebelkerze. Die größte Wahlbeeinflussung war doch die mit Milliarden USAID-Geld finanzierte ideologische Unterwanderung des europäischen Debattenraums, von Moldawien und der Ukraine bis Deutschland und Frankreich: Internews Network, Trusted News Initiativen, Factchecker, Kampagnen zu „Misinformation/Disinformation“ uvm. Der europäische Debattenraum wurde auf CIA-Narrativebene geeicht. Die Europäer sind konsterniert: Sie haben mitgemacht und werden jetzt von Vance „unter den Bus geworfen“. Sie stehen als die nützlichen Idioten da, die sie waren. Auch eine Form von Gaslighing: Bestrafung für Gehorsam. ### Das Business Modell des Philanthrokapitalismus Der Verrat der Werte, er zieht sich längst durch alle Ebenen von Bürokratie, Politik, Wirtschaft. Was eröffnet auch bessere Geschäftsmöglichkeiten als Gedankenkontrolle, Beeinflussung, autoritäre Einschüchterungsmethoden, durchgeführt von einem korporativen Machtapparat aus Politik, Polizei, Medien, Big Tech und Pharma? Unter denen, die wegen USAID am meisten aufheulen, ist Bill Gates. Zu diesem tauchen, welch Wunder, gerade überall Lobesartikel auf, in US-Sendungen wird er wieder als Gesundheitsexperte herumgereicht, warnt vor Millionen Toten, wenn die Hilfen, die in seine Gesundheitsprogramme von USAID flossen, gestoppt werden. Nur am Rande: Gerade gab es einen Ebolaausbruch in Uganda. [Die WHO lobt den schnellen Impfstart.](https://www.watson.ch/international/gesundheit/825991708-ebola-ausbruch-in-uganda-who-lobt-zuegigen-impfstart) Immer diese Zufälle, *pandamic preparedness* sei Dank, Herr Gates! USAID und Gates sind [ziemlich beste Freunde](https://www.gatesfoundation.org/Ideas/Media-Center/Press-Releases/2010/06/Gates-Foundation-and-USAID-Announce-Innovative-Fund-to-Incentivize-Mobile-Money-Services-in-Haiti): Die weltgrößte Privatstiftung von Eugeniker Gates und eine CIA-Frontorganisation in trauter Verbundenheit. Was soll da anderes rauskommen, als die größte Psyop der Welt? Nein, USAID hat nicht in 1.6 Mrd. Dollar in deutsche Medien gesteckt, wie kürzlich per falschem Screenshot auf X verbreitet wurde. Die EU steckte dafür [132 Mio. Euro in journalistische EU-PR.](https://archive.ph/Ntehp) Doch es blieb genug Geld für die Medien übrig, um den Corona-Scam zu glauben, zu verbreiten – und sich boostern zu lassen. [](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc4119cc3-7237-44f3-a714-173650a675b6_458x768.png) So wird ein Schuh draus: (Netzfund) Darüber hinaus steckte USAID Milliarden in Gavi und CEPI, die Gatesschen Impfkonsortien mit Sitz in der Schweiz. Sowie in zig andere Programme der Gatesstiftung. Teils floss Geld zurück. Ein Geben und Nehmen. All das wäre für ein James-Bond-Drehbuch zu viel des Guten und Undenkbaren: Wir haben es bei der Corona-Connection mit einer Verschwörung von Geheimdienstkreisen, China und Philanthrokapitalisten zu tun. Deren teils geheimdienstfinanzierten Outlets (GAVI, CEPI), aber auch die WHO genießen in der Schweiz Steuervorteile und Immunität, wie eine Botschaft. Und so wird ein Business-Modell daraus: * Man suche sich ein Tätigkeitsfeld, Anliegen oder ein sonstiges Vorhaben der sozialen Ingenieurskunst aus. Bei Gates: Bevölkerungskontrolle und -reduktion, Impfstoffverkauf. 2010-2020 sollte die Dekade der Impfstoffe werden – und wurde es. Gates Gebaren konnte man [2015 in einer kritischen Untersuchung](https://archive.globalpolicy.org/images/pdfs/GPFEurope/Philanthropic_Power_online.pdf) von “Misereor” und “Brot für die Welt” studieren. * Dann definiere man Strukturen, Mechanismen und Businessmodelle zur Umsetzung. In einer [Studie von USAID, BMGF sowie Rockefeller-Stiftung](https://web.archive.org/web/20210309193849/https://www.usaid.gov/sites/default/files/documents/1864/AI-in-Global-Health_webFinal_508.pdf) zum Einsatz von KI im Gesundheitsbereich liest man es exemplarisch schwarz auf weiß: *“If evidence is promising, define business case – Wenn die Beweise vielversprechend sind, entwickle eine Geschäftsidee.”* [](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff5d42b19-4f01-4d68-9fde-66d2ad7b71b0_836x222.png) * Es erfolgt ein Investment in die Geschäftsidee. Das nennt sich dann Program-Related Investment, und nicht nur “grant”, wie die [New York Times](https://www.nytimes.com/2015/03/13/business/from-the-gates-foundation-direct-investment-not-just-grants.html?_r=0) früher noch kritisierte. Hier wird der angebliche Altruismus zum systemischen legalen Interessenkonflikt. Katastrophen zahlen sich jetzt aus. * WHO, Partnerorganisationen, News-Netzwerke werden auf die Idee geeicht, das übliche PR-Geschäft. * Dann noch schnell ein Planspiel, in Wuhan ist der USAID-Partner mit der gain of function-Forschung nämlich schon bereit für den Lab-Leak. Investments in Curevac, Biontech & Co. sind bereits getätigt, das politische Feld in Sachen Epidemic Preparedness ohnehin vorgeimpft (und beteiligt, hunderte Millionen gingen von Deutschland an die BMGF und CEPI, Gavi). In dieser Phase hängt der Erfolg der Operation nur noch davon ab, wie gut (und wie lange) man es schafft, das Overton-Fenster in den Medien (also das, was relevant ist) mit immer neuen Propaganda-Erzählungen und Angstbildern vollzuhängen, die sozialen Medien zurechtzustutzen und Kritiker zu dezimieren: Fertig ist der größte kriminelle Coup der Geschichte. Alle Beteiligten gewinnen: Gates vedient an den Impfstoffen, kann das Geld steuerbefreit in der Stiftung für neue Machtgewinnungsfeldzüge einsetzen, die CIA hat ein erfolgreiches Massenhypnose-Experiment durchgeführt und China konnte die Weltwirtschaft hinter sich lassen, intern die Pandemie schnell besiegen und dem Westen seine sehr schnell in Vergessenheit geratenen Bürger- und Menschenrechte vorhalten. Diese Rechte fielen ungefähr so schnell, wie die Menschen in chinesischen Propagandavideos auf der Straße zusammensackten. Nur in China übrigens, nirgendwo anders. *** **Sie wollen meine (überwiegend englischen) Artikel auch per Email bekommen?** **[Hier](https://pareto.space/u/ashoka@pareto.space#subscribe)** **können Sie sich eintragen für den Newsletter (max. 1-2 x pro Woche).** *** Philanthrokapitalismus bedeutet übersetzt, den Anreiz auszuleben, mit Kontrollphantasien, Social Engineering und Technokratie zugleich Geld zu verdienen, Steuern zu sparen, und Macht zu gewinnen. Ein Honeypot für schwerreiche Psychopathen, die munter nach Gutsherrenart an der Bevölkerung herumschrauben wollen. Der Philanthrokapitalismus eines Gates, Soros & Co ist das gefährlichste korporatistische Räuberbaronentum der Neuzeit. Der Staat kann legal für private Machterreichungszwecke ausgenommen werden – zum Schaden der Bürger. Es gab bei Corona viele Profiteure. Und viele Opfer. Über beide werden wir in naher Zukunft noch viel mehr erfahren. Die Welle der Aufarbeitung rollt. Und die Konsequenzen? Ein Bill Gates sollte vielleicht daran denken, nicht erst dann zu flüchten, wenn die Epstein-Files veröffentlicht werden, sondern schon früher. In der amerikanischen Verfassung gibt es nur einen Strafrechtsparagraphen und dieser lautet so: Artikel III, Abschnitt 3 der US-Verfassung: *„Hochverrat gegen die Vereinigten Staaten besteht ausschließlich darin, Krieg gegen sie zu führen oder ihren Feinden Beistand und Unterstützung zu leisten.“* Die Corona-Impfkampagne hat die Gesundheit der Amerikaner, auch der von Soldaten massiv geschadet, wie akut erhöhte Krankenstände und Nebenwirkungsmeldungen zeigten. Damit wurde Feinden der USA (mindestens jede verfeindete Kriegspartei) Beistand geleistet. Eines wissen wir schon jetzt: So in etwa ist der “Source Code” des Bösen programmiert. *** ***You prefer reading me in English?*** *You can find my first uncensorable articles written with our Pareto client via Nostr,* ***[clicking on this link.](https://pareto.space/u/ashoka@pareto.space)*** *Discover other authors at* ***[Pareto.space/read.](https://pareto.space/read)(click on the Pareto button to see our first authors).*** [](https://substackcdn.com/image/fetch/f_auto%2Cq_auto%3Agood%2Cfl_progressive%3Asteep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc33bfce1-1a89-42ff-a89f-e1fbd7edfac4_2382x1272.png) *** ***Join the marketplace of ideas!** We are building a publishing ecosystem on Nostr for citizen-journalism, starting with a client for blogging and newsletter distribution. Sound money and sound information should finally be in the hands of the people, right? Want to learn more about the [Pareto Project](https://pareto.space/en)? Zap me, if you want to contribute (all Zaps go to the project).* *Are you a publication or journalist and want to be part of it, test us, migrate your content to Nostr? Write to **<team@pareto.space>*** **Not yet on** **[Nostr](https://nostr.com/)** **and want the full experience?** Easy onboarding via **[Start.](https://start.njump.me/)** We have started a crowdfunding campaign on **[Geyser.](https://geyser.fund/project/pareto?hero=geyser)** **We are in the Top 3 in February, thank you for the support!**  *** **Sie wollen meine Artikel auch per Email bekommen?** **[Hier](https://pareto.space/u/ashoka@pareto.space#subscribe)** **können Sie sich eintragen für den Newsletter (max. 1-2 x pro Woche).**

@ 5afdec5b:2d631be1

# Bitcoin: The Future of Collateralized Loans _Bitcoin is transforming the financial landscape, not just as a digital currency but arguably as the best form of collateral for unlocking liquidity. At Lendasat, we're pioneering this shift by working towards a trustless, self-custodial lending platform that lets users borrow against their Bitcoin without selling it. Let's explore Bitcoin's unmatched value as collateral and how Lendasat's innovative approach - with Discreet Log Contracts (DLCs) and integrations - make borrowing secure, simple, and practical. Bitcoin unlocks cash access without letting it go._  --- ## Why Bitcoin Stands Out as Collateral ##### Bitcoin's intrinsic properties set it apart from traditional assets like real estate or stocks: 🌐 **Decentralized Control:** No intermediaries, ensuring transparency and independence. 💧 **Ultimate Liquidity:** Bitcoin is one of the most liquid assets in the world, tradable 24/7 without interruption. Unlike traditional markets with public holidays, and weekend downtime, Bitcoin operates continuously, allowing transactions at any time from anywhere. ✅ **Capped Supply:** Only 21 million coins will ever exist, shielding it from dilution/inflation. 🔒 **Robust Security:** Backed by cryptography and a global mining network, Bitcoin is portable, durable, and verifiable. These qualities make Bitcoin an ideal foundation for lending, a vision Lendasat brings to life. Our app leverages Bitcoin's censorship-resistant nature to offer a collateral option that traditional assets can't rival. ## The "Buy, Borrow, Die" Strategy: A Smart Money Move Now Available For Everyone  > For those unfamiliar, the "buy, borrow, die" strategy involves buying assets, borrowing against them for liquidity, and holding until death to pass on the assets with a stepped-up basis, minimizing taxes. Savvy investors and businesses often borrow against their holdings rather than sell them. Why? It's a tax-efficient way to access cash while retaining ownership and future gains. With Bitcoin, this approach is even more compelling: 🏷️ **Tax Advantage:** No capital gains taxes when borrowing instead of selling. 🔒 **Ownership Retention:** Keep your Bitcoin and its potential upside. 📈 **Growth Exposure:** Benefit from Bitcoin's long-term appreciation. Lendasat's motto, **"Get the bread you need without having to part with your corn"** encapsulates this strategy. We empower users to tap into their Bitcoin's value without sacrificing their stake in its future. Bitcoin gives access to practices that were previously reserved to the wealthiest individuals and companies. ℹ️ **Note:** Tax benefits may vary depending on your jurisdiction. Please consult with a tax professional. ## Lendasat's Vision: Seamless Lending Process ##### Lendasat, in its public release, will make Bitcoin-backed loans straightforward and secure. Here's how it works: 1. Secure Your Bitcoin: Lock your BTC in a Discreet Log Contract (DLC), a "smart contract" that eliminates counterparty risk while keeping you in control 2. Borrow Stablecoins: Receive stablecoins at an average 50% loan-to-value ratio (e.g., $50,000 for $100,000 in BTC), balancing liquidity with safety. 3. Spend Anywhere: Use our spending tools and off-ramps integrations to spend loan funds effortlessly in the real world, as an example, with a Virtual Card for online shopping - launched in our closed beta. This peer-to-peer process makes KYC optional, prioritizing privacy and accessibility. ## Who Benefits from Lendasat? ##### Our app serves a wide range of users: **Borrowers:** - Unlock cash without selling Bitcoin. - Enjoy tax savings and growth potential. - Spend easily with the virtual debit card. **Lenders:** - Earn guaranteed returns on overcollateralized loans. - Reduce risk with Bitcoin's security. - Diversify investments with a cutting-edge asset. Lendasat's self-custodial design ensures both parties retain autonomy, with DLCs handling the heavy lifting. ## Real-World Applications ##### Bitcoin collateral isn't just for individuals - it's a game-changer for businesses: **Businesses:** Fund expansion or operations without diluting equity or selling BTC. **Miners:** Cover costs like electricity bills by borrowing against mined Bitcoin, avoiding sales at low prices. Lendasat supports these scenarios with flexible solutions, and we're exploring enhancements like on-ramps integration for bank transfer repayments to streamline the experience. ## The Future of Bitcoin Collateral ##### Bitcoin's role as collateral is only beginning. Emerging possibilities include: **Credit Lines:** Bitcoin-backed spending options akin to traditional credit. **Institutional Use:** Large-scale financing for companies and even governments. While Bitcoin is currently primarily used as a store of value, its potential as a medium of exchange is still developing. Lendasat's platform is designed to adapt to Bitcoin's evolving role in the financial ecosystem, whether it remains a collateral asset or becomes widely used for transactions. Lendasat is driving this future by refining our platform, focusing on user-friendly on/off ramps and practical spending tools to make Bitcoin loans a financial mainstay. ## What Sets Lendasat Apart? ##### Lendasat isn't just another lending platform - it aims to be the leader in Bitcoin finance: **Trustless System:** DLCs ensure security without third-party custody. **Practical Tools:** The virtual debit card bridges DeFi and daily life. **User-Centric:** Optional KYC, no credit checks, and flexible repayment options in development. **Mission-Driven:** We're here to empower financial freedom through Bitcoin. These strengths make Lendasat the premier choice for leveraging Bitcoin as collateral. ## Challenges and Considerations ##### While Bitcoin-backed loans offer many advantages, there are risks to consider: **Volatility:** Bitcoin's price can be volatile, which may lead to liquidation if the value drops significantly. **User Experience:** Managing DLCs and understanding the lending process may be complex for some users. At Lendasat, we're actively working to mitigate these risks through user education, robust platform design, and ongoing development of user-friendly features. # Conclusion: Bitcoin's Full Potential Bitcoin isn't just money - It is the best collateral in the making ever discovered, blending security, liquidity, and growth. Lendasat brings this power to your fingertips with a platform that's secure, intuitive, and built for the future. Whether you're funding a dream or growing a business, we've got you covered. Ready to borrow without selling? Dive into [https://Lendasat.com](https://Lendasat.com) and see how your Bitcoin can work harder for you. ## Quick Comparison: Traditional vs. Lendasat's Bitcoin Collateral  This snapshot underscores why Bitcoin, paired with Lendasat, is rewriting the rules of collateral. ## Help Us To Achieve Our Vision! Want to be part of the journey? Join our waiting list or, even better, connect with us on Discord to get yourself an invite code and try our app and share your thoughts! Stay tuned, and as always, stay sovereign. 

@ 95cb4330:96db706c

Adopting Inversion Thinking, a mental model championed by Charlie Munger and Warren Buffett, can enhance decision-making and problem-solving by focusing on potential pitfalls to avoid. This approach involves considering the opposite of your desired outcome to identify and mitigate risks effectively. --- ## Understanding Inversion Thinking - **Definition:** Inversion Thinking entails approaching problems by asking, "What could cause failure?" rather than solely focusing on achieving success. This perspective helps in uncovering obstacles and errors that might be overlooked when only considering positive outcomes. --- ## Examples in Practice - **Charlie Munger's Approach:** Munger emphasizes solving problems by inverting them. For instance, instead of asking how to be successful, he suggests identifying what actions could lead to failure and then avoiding those actions. [FS.BLOG](https://fs.blog) - **Warren Buffett's Investment Strategy:** Buffett applies inversion by considering what factors could cause an investment to fail, such as poor management or unsustainable business models, and avoids investments with these red flags. --- ## Implementing Inversion Thinking 1. **Define the Problem:** Clearly articulate the challenge or goal you are addressing. 2. **Invert the Problem:** Ask what actions or factors could lead to the opposite of your desired outcome. 3. **Identify Preventative Measures:** Determine strategies to avoid these negative actions or factors. 4. **Apply Insights to Decision-Making:** Use the information gathered to inform your choices, focusing on avoiding identified pitfalls. --- ## Action Step Consider a current goal or project. Apply inversion by asking, "What steps could lead to failure in this endeavor?" List these potential pitfalls and develop strategies to prevent them, thereby increasing the likelihood of success. --- By integrating Inversion Thinking into your decision-making process, you can proactively address potential challenges, leading to more robust and resilient strategies. ---

@ 95cb4330:96db706c

Jeff Bezos, Sam Altman, and Elon Musk follow a critical decision-making principle: never let past investments dictate future choices. Instead of holding onto failing projects due to time, money, or effort already spent, successful entrepreneurs cut losses quickly and reallocate resources toward higher-impact opportunities. --- ## Why Avoiding Sunk Costs Matters - **Frees Up Resources for Better Opportunities:** The more time you spend on a failing project, the fewer resources you have to invest in something that could succeed. - **Prevents Emotional Bias in Decision-Making:** Many people stick with bad decisions because they feel committed, rather than assessing future potential objectively. - **Increases Agility & Competitive Edge:** Being able to pivot quickly allows you to adapt to market changes faster than competitors. --- ## Example in Action: Bezos, Musk & Altman - **Jeff Bezos & the Fire Phone:** Amazon heavily invested in its Fire Phone, but when it failed, Bezos shut it down and redirected efforts to Alexa and AWS, which became massive successes. - **Elon Musk & Tesla Model S Plaid+:** Tesla had planned a Model S Plaid+ variant, but Musk canceled it, realizing it no longer made strategic sense in Tesla’s long-term roadmap. - **Sam Altman & Startup Strategy:** Altman constantly advises founders to evaluate if they’re on the best path—not just the one they’ve already invested in. He encourages entrepreneurs to pivot fast rather than waste time on failing ideas. --- ## How to Apply This Principle 1. **Identify Projects You’re Holding Onto for the Wrong Reasons** *Ask:* Would I start this today knowing what I now know? 2. **Focus on Future Potential, Not Past Investment** Look at the expected future return rather than the money or effort already spent. 3. **Be Willing to Pivot or Cut Losses Quickly** If a project no longer aligns with your long-term vision, redirect resources elsewhere. --- ## Action Step: Audit Your Current Projects - 👉 Are you continuing something just because of past investment rather than future potential? - 👉 If so, consider pivoting or cutting it today. --- By avoiding the sunk cost fallacy, you can stay flexible, maximize impact, and ensure you’re always focused on the best opportunities ahead.

@ f6488c62:c929299d

เมื่อกระแสข่าวเรื่อง Government Shutdown ของสหรัฐฯ เริ่มร้อนแรงขึ้นเรื่อย ๆ โดยแพลตฟอร์มอย่าง Polymarket บ่งชี้ว่าความเป็นไปได้ของเหตุการณ์นี้พุ่งขึ้นถึง 50% หลายคนอาจสงสัยว่ามันเกี่ยวอะไรกับตลาดคริปโต โดยเฉพาะกลุ่ม เหรียญมีม (Meme Coins) ที่ดูเหมือนจะอยู่นอกเหนือระบบเศรษฐกิจแบบดั้งเดิม แต่ความจริงแล้ว การปิดตัวของรัฐบาลกลางสหรัฐฯ อาจส่งผลกระทบทั้งทางตรงและทางอ้อมต่อตลาดเหรียญมีมอย่างหลีกเลี่ยงไม่ได้ มาดูกันว่า โอกาส และ ความเสี่ยง ของสาวกเหรียญมีมในสถานการณ์เช่นนี้มีอะไรบ้าง 🎯 โอกาสสำหรับเหรียญมีม กระแสการเงินไหลเข้าสินทรัพย์เสี่ยงสูง (High-risk assets) หากนักลงทุนเชื่อว่า Shutdown จะทำให้ธนาคารกลางสหรัฐ (Fed) ต้องผ่อนคลายนโยบายการเงินในอนาคตเพื่อลดผลกระทบทางเศรษฐกิจ เงินทุนอาจไหลเข้าสินทรัพย์เสี่ยงอย่างคริปโต รวมถึงเหรียญมีมที่มักมีการเคลื่อนไหวรุนแรงเกินจริง เหรียญอย่าง DOGE, SHIBA หรือ PEPE อาจได้ประโยชน์จากความคลั่งไคล้และกระแส "ซื้อเพราะมันตลก" ที่เคยเกิดขึ้นในอดีต ชุมชนออนไลน์มีบทบาทมากขึ้น การปิดตัวของหน่วยงานรัฐอาจกระตุ้นความไม่พอใจในหมู่ประชาชน ส่งผลให้การเคลื่อนไหวทางออนไลน์เพิ่มขึ้น สังคมคริปโต โดยเฉพาะกลุ่มเหรียญมีม อาจใช้โอกาสนี้เพื่อสร้างกระแสหรือหาเหตุผลสนุก ๆ ในการผลักดันเหรียญ ตัวอย่าง: แคมเปญ "Shutdown? Buy DOGE!" หรือ "Government off, PEPE on!" อาจกลายเป็นไวรัลได้ Narrative ใหม่ ๆ เพื่อดึงนักลงทุน โปรเจกต์เหรียญมีมอาจสร้างเรื่องราวใหม่ ๆ เพื่อเชื่อมโยงกับเหตุการณ์ เช่น การล้อเลียนการเมืองหรือสร้างโทเค็นเชิงสัญลักษณ์เพื่อประท้วงรัฐบาล ดึงดูดนักลงทุนที่มองหาทางออกจากความวุ่นวายของระบบดั้งเดิม ⚠️ ความเสี่ยงสำหรับเหรียญมีม ภาวะเสี่ยงต่ำ (Risk-off sentiment) ในช่วงแรกของ Shutdown นักลงทุนมักถอยกลับไปถือ เงินดอลลาร์ (USD) หรือสินทรัพย์ปลอดภัย เช่น ทองคำ ส่งผลให้ตลาดคริปโตตกลงอย่างหนัก รวมถึงเหรียญมีมที่มีความผันผวนสูงและไม่มีมูลค่าพื้นฐาน ความเชื่อมั่นที่ลดลงนี้อาจทำให้ราคาเหรียญมีมดิ่งลงแบบไร้จุดหมาย ขาดสภาพคล่อง (Liquidity crunch) หากเศรษฐกิจชะงัก นักลงทุนรายย่อยอาจไม่มีเงินสดมาปั่นราคาหรือเก็งกำไรเหรียญมีมได้เหมือนเดิม ทำให้การเคลื่อนไหวของราคาเหรียญมีมซบเซา เหรียญเล็ก ๆ ที่อาศัยชุมชนเป็นหลัก อาจเผชิญกับปัญหาสภาพคล่องอย่างรุนแรง ความเสี่ยงด้านกฎระเบียบ แม้ Shutdown จะทำให้หน่วยงานกำกับดูแลบางส่วนหยุดทำงาน แต่ในระยะยาว หากรัฐบาลกลับมาพร้อมนโยบายคุมเข้ม ตลาดคริปโตอาจเจอแรงกดดันเพิ่มเติม ซึ่งอาจส่งผลลบต่อเหรียญมีมที่มักถูกมองว่าเป็นสินทรัพย์ "เก็งกำไรสูงสุด" 🚀 สรุป: เตรียมตัวรับมือยังไง? นักลงทุนสายเหรียญมีม ควรติดตามข่าวสารทั้งเรื่อง Shutdown และทิศทางของ Fed อย่างใกล้ชิด เพราะเหตุการณ์เหล่านี้สามารถเปลี่ยนทิศทางตลาดได้อย่างฉับพลัน วางแผนการลงทุน โดยแบ่งพอร์ตอย่างชาญฉลาด ไม่ทุ่มหมดหน้าตักกับเหรียญมีม และเตรียมเงินสดไว้เผื่อโอกาสซื้อเพิ่มหากราคาตกหนัก สร้างและติดตามกระแสออนไลน์ หากคุณเป็นแฟนเหรียญมีม การเคลื่อนไหวในโซเชียลมีเดียอาจเป็นตัวแปรสำคัญในการดันราคา ดังนั้นการร่วมชุมชนหรือมีส่วนร่วมในแคมเปญต่าง ๆ อาจช่วยให้เหรียญมีมของคุณกลับมาเป็นที่สนใจ สุดท้ายแล้ว Government Shutdown อาจเป็นทั้งโอกาสและความเสี่ยง แต่สำหรับสาวกเหรียญมีมแล้ว บางที "ความวุ่นวาย" อาจเป็นเชื้อไฟที่ทำให้ตลาดนี้ลุกเป็นไฟได้อีกครั้ง 🔥

@ 8947a945:9bfcf626

## Chef's notes https://video.nostr.build/ea19333ab7f700a6557b6f52f1f8cfe214671444687fa7ea56a18e5d751fe0a9.mp4 https://video.nostr.build/bcae8d39e22f66689d51f34e44ecabdf7a57b5099cc456e3e0f29446b1dfd0de.mp4 ## Details - ⏲️ Prep time: 5 min - 🍳 Cook time: 5 min - 🍽️ Servings: 1 ## Ingredients - ไข่ 1 - 2 ฟอง - ข้าวโอ๊ต 3 - 4 ช้อน ## Directions 1. ตอกไข่ + ตีไข่ 2. ปรุงรส พริกไทย หรือ ซอสถั่วเหลืองตามชอบ 3. ใส่ข้าวโอ๊ต 3 - 4 ช้อน 4. ใส่ถั่วลิสงอบ 1 - 2 หยิบมือ 5. เทน้ำใส่พอท่วมข้าวโอ๊ต 6. เข้าไมโครเวฟ ไฟแรง 1 - 2 นาที

@ da0b9bc3:4e30a4a9

Hello Stackers! Welcome on into the ~Music Corner of the Saloon! A place where we Talk Music. Share Tracks. Zap Sats. So stay a while and listen. 🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨 🚨Subscribe to the territory to ensure you never miss a post! 🚨 originally posted at https://stacker.news/items/899482

@ 1c19eb1a:e22fb0bc

After my first major review of [Primal on Android](https://www.nostr-reviews.com/post/1733635103705/), we're going to go a very different direction for this next review. Primal is your standard "Twitter clone" type of kind 1 note client, now branching into long-form. They also have a team of developers working on making it one of the best clients to fill that use-case. By contrast, this review will not be focusing on any client at all. Not even an "other stuff" client. Instead, we will be reviewing a very useful tool created and maintained by nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5 called #Amber. For those unfamiliar with Amber, it is an #Android application dedicated to managing your signing keys, and allowing you to log into various #Nostr applications without having to paste in your private key, better known as your #nsec. It is not recommended to paste your nsec into various applications because they each represent another means by which it could be compromised, and anyone who has your nsec can post as you. On Nostr, your #npub is your identity, and your signature using your private key is considered absolute proof that any given note, reaction, follow update, or profile change was authorized by the rightful owner of that identity. It happens less often these days, but early on, when the only way to try out a new client was by inputting your nsec, users had their nsec compromised from time to time, or they would suspect that their key may have been compromised. When this occurs, there is no way to recover your account, or set a new private key, deprecating the previous one. The only thing you can do is start over from scratch, letting everyone know that your key has been compromised and to follow you on your new npub. If you use Amber to log into other Nostr apps, you significantly reduce the likelihood that your private key will be compromised, because only one application has access to it, and all other applications reach out to Amber to sign any events. This isn't quite as secure as storing your private key on a separate device that isn't connected to the internet whatsoever, like many of us have grown accustomed to with securing our #Bitcoin, but then again, an online persona isn't nearly as important to secure for most of us as our entire life savings. Amber is the first application of its kind for managing your Nostr keys on a mobile device. nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5 didn't merely develop the application, but literally created the specification for accomplishing external signing on Android which can be found in [NIP-55](https://github.com/nostr-protocol/nips/blob/master/55.md). Unfortunately, Amber is only available for Android. A signer application for iOS is in the works from nostr:npub1yaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgs3tvjmf, but is not ready for use at this time. There is also a new mobile signer app for Android and iOS called Nowser, but I have not yet had a chance to try this app out. From a cursory look at the Android version, it is indeed in the very early stages of development and cannot be compared with Amber. This review of Amber is current as of version 3.2.5.  ## Overall Impression Score: **4.5** / 5 I cannot speak highly enough about Amber as a tool that every Nostr user on Android should start using if they are not already. When the day comes that we have more options for well-developed signer apps on mobile, my opinion may very well change, but until then Amber is what we have available to us. Even so, it is an incredibly well thought-out and reliable tool for securing your nsec. Despite being the only well-established Android signer available for Android, Amber ***can*** be compared with other external signing methods available on other platforms. Even with more competition in this arena, though, Amber still holds up incredibly well. If you are signing into web applications on a desktop, I still would recommend using a browser extension like #Alby or #Nos2x, as the experience is usually faster, more seamless, and far more web apps support this signing method ([NIP-07](https://github.com/nostr-protocol/nips/blob/master/07.md)) than currently support the two methods employed by Amber. Nevertheless that gap is definitely narrowing. A running list I created of applications that support login and signing with Amber can be found here: [Nostr Clients with External Signer Support](nostr:naddr1qvzqqqrcvgpzpde8f55w86vrhaeqmd955y4rraw8aunzxgxstsj7eyzgntyev2xtqydhwumn8ghj7un9d3shjtnzwf5kw6r5vfhkcapwdejhgtcpr4mhxue69uhkg6ttv95k7ue3x5cnwtnwdaehgu339e3k7mf0qq4xummnw3ez6cmvd9jkuarn94mkjarg94jhsar9wfhxzmpdwd5kwmn9wgkhxatswphhyaqrcy76t) I have run into relatively few bugs in my extensive use of Amber for all of my mobile signing needs. Occasionally the application crashes when trying to send it a signing request from a couple of applications, but I would not be surprised if this is no fault of Amber at all, and rather the fault of those specific apps, since it works flawlessly with the vast majority of apps that support either [NIP-55](https://github.com/nostr-protocol/nips/blob/master/55.md) or [NIP-46](https://github.com/nostr-protocol/nips/blob/master/46.md) login. I also believe that mobile is the ideal platform to use for this type of application. First, because most people use Nostr clients on their phone more than on a desktop. There are, of course, exceptions to that, but in general we spend more time on our phones when interacting online. New users are also more likely to be introduced to Nostr by a friend having them download a Nostr client on their phone than on a PC, and that can be a prime opportunity to introduce the new user to protecting their private key. Finally, I agree with the following assessment from nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn. nostr:nevent1qqsw0r6gzn05xg67h5q2xkplwsuzedjxw9lf7ntrxjl8ajm350fcyugpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9hyaxj3clfswlhyrd5kjsj5v04clhjvgeq6pwztmysfzdvn93gevpsgqqqye9qd30q62 The one downside to Amber is that it will be quite foreign for new users. That is partially unavoidable with Nostr, since folks are not accustomed to public/private key cryptography in general, let alone using a private key to log into websites or social media apps. However, the initial signup process is a bit cumbersome if Amber is being used as the means of initially generating a key pair. I think some of this could be foregone at start-up in favor of streamlining onboarding, and then encourage the user to back-up their private key at a later time. ## Features Amber has some features that may surprise you, outside of just storing your private key and signing requests from your favorite Nostr clients. It is a full key management application, supporting multiple accounts, various backup methods, and even the ability to authorize other users to access a Nostr profile you control. ### Android Signing This is the signing method where Amber really shines in both speed and ease of use. Any Android application that supports this standard, and even some progressive web-apps that can be installed to your Android's home-screen, can very quickly and seamlessly connect with Amber to authorize anything that you need signed with your nsec. All you have to do is select "Login with Amber" in clients like #Amethyst or #0xChat and the app will reach out to Amber for all signing requests from there on out. If you had previously signed into the app with your nsec, you will first need to log out, then choose the option to use Amber when you log back in.  This is a massive deal, because everything you do on Nostr requires a signature from your private key. Log in? Needs a signature. Post a "GM" note? Needs a signature. Follow someone who zapped your note? Needs a signature. Zap them back? You guessed it; needs a signature. When you paste your private key into an application, it will automatically sign a lot of these actions without you ever being asked for approval, but you will quickly realize just how many things the client is doing on your behalf when Amber is asking you to approve them each time. Now, this can also get quite annoying after a while. I recommend using the setting that allows Amber to automatically sign for basic functions, which will cut down on some of the authorization spam. Once you have been asked to authorize the same type of action a few times, you can also toggle the option to automatically authorize that action in the future. Don't worry, though, you have full control to require Amber to ask you for permission again if you want to be alerted each time, and this toggle is specific to each application, so it's not a blanket approval for all Nostr clients you connect with.  This method of signing is just as fast as signing via browser extension on web clients, which users may be more accustomed to. Everything is happening locally on the device, so it can be very snappy and secure. ### Nostr Connect/Bunker Signing This next method of signing has a bit of a delay, because it is using a Nostr relay to send encrypted information back and forth between the app the user is interacting with and Amber to obtain signatures remotely. It isn't a significant delay most of the time, but it is just enough to be noticeable. Also, unlike the previous signing method that would automatically switch to Amber as the active application when a signing request is sent, this method only sends you a notification that you must be watching for. This can lead to situations where you are wondering why something isn't working in a client you signed into remotely, because it is waiting on you to authorize the action and you didn't notice the notification from Amber. As you use the application, you get used to the need to check for such authorization requests from time to time, or when something isn't working as expected.  By default, Amber will use relay.nsec.app to communicate with whichever Nostr app you are connecting to. You can set a different relay for this purpose, if you like, though not just any relay will support the event kinds that Amber uses for remote signing. You can even run your own relay just for your own signing purposes. In fact, the creator of Amber has a relay application you can run on your phone, called Citrine, that can be used for signing with any web app you are using locally on your phone. This is definitely more of an advanced option, but it is there for you if you want it. For most users, sticking with relay.nsec.app will be just fine, especially since the contents of the events sent back and forth for signing are all encrypted. Something many users may not realize is that this remote signing feature allows for issuing signing permissions to team members. For instance, if anyone ever joined me in writing reviews, I could issue them a connection string from Amber, and limit their permissions to just posting long-form draft events. Anything else they tried to do would require my explicit approval each time. Moreover, I could revoke those permissions if I ever felt they were being abused, without the need to start over with a whole new npub. Of course, this requires that your phone is online whenever a team member is trying to sign using the connection string you issued, and it requires you pay attention to your notifications so you can approve or reject requests you have not set to auto-approve. However, this is probably only useful for small teams, and larger businesses will want to find a more robust solution for managing access to their npub, such as Keycast from nostr:npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2uc. The method for establishing a connection between Amber and a Nostr app for remote signing can vary for each app. Most, at minimum, will support obtaining a connection string from Amber that starts with "bunker://" and pasting it in at the time of login. Then you just need to approve the connection request from Amber and the client will log you in and send any subsequent signing requests to Amber using the same connection string.  Some clients will also offer the option to scan a QR code to connect the client to Amber. This is quite convenient, but just remember that this also means the client is setting which relay will be used for communication between the two. Clients with this option will also have a connection string you can copy and paste into Amber to achieve the same purpose. For instance, you may need this option if you are trying to connect to an app on your phone and therefore can't scan the QR code using Amber on the same phone.  ### Multiple Accounts Amber does not lock you into using it with only a single set of keys. You can add all of your Nostr "accounts" to Amber and use it for signing events for each independently. Of course, Nostr doesn't actually have "accounts" in the traditional sense. Your identity is simply your key-pair, and Amber stores and accesses each private key as needed.  When first signing in using native Android signing as described above, Amber will default to whichever account was most recently selected, but you can switch to the account that is needed before approving the request. After initial login, Amber will automatically detect the account that the signing request is for. ### Key Backup & Restore Amber allows multiple ways to back up your private key. As most users would expect, you can get your standard nsec and copy/paste it to a password manager, but you can also obtain your private key as a list of mnemonic seed words, an encrypted version of your key called an ncryptsec, or even a QR code of your nsec or ncryptsec.  Additionally, in order to gain access to this information, Amber requires you to enter your device's PIN or use biometric authentication. This isn't cold-storage level protection for your private key by any means, especially since your phone is an internet connected device and does not store your key within a secure element, but it is about as secure as you can ask for while having your key accessible for signing Nostr events. ### Tor Support While Amber does not have Tor support within the app itself, it does support connecting to Tor through Orbot. This would be used with remote signing so that Amber would not connect directly over clearnet to the relay used for communication with the Nostr app requesting the signature. Instead, Amber would connect through Tor, so the relay would not see your IP address. This means you can utilize the remote signing option without compromising your anonymity.  ### Additional Security Amber allows the user the option to require either biometric or PIN authentication before approving signing requests. This can provide that extra bit of assurance that no one will be able to sign events using your private key if they happen to gain access to your phone. The PIN you set in Amber is also independent from the PIN to unlock your device, allowing for separation of access. ## Can My Grandma Use It? Score: **4.0** / 5 At the end of the day, Amber is a tool for those who have some concept of the importance of protecting their private key by not pasting it into every Nostr client that comes along. This concept in itself is not terribly approachable to an average person. They are used to just plugging their password into every service they use, and even worse, they usually have the ***same password*** for everything so they can more readily remember it. The idea that they should never enter their "Nostr password" into any Nostr application would never occur to them unless someone first explained how cryptography works related to public/private key pairs. That said, I think there can be some improvements made to how users are introduced to these concepts, and that a signer application like Amber might be ideal for the job. Considering Amber as a new user's first touchpoint with Nostr, I think it holds up well, but could be somewhat streamlined. Upon opening the app, the user is prompted to either use their existing private key or "Create a new Nostr account." This is straightforward enough. "Account" is not a technically correct term with Nostr, but it is a term that new users would be familiar with and understand the basic concept.  The next screen announces that the account is ready, and presents the user with their public key, explaining that it is "a sort of username" that will allow others to find them on Nostr. While it is good to explain this to the user, it is unnecessary information at this point. This screen also prompts the user to set a nickname and set a password to encrypt their private key. Since the backup options also allow the user to set this password, I think this step could be pushed to a later time. This screen would better serve the new user if it simply prompted them to set a nickname and short bio that could be saved to a few default relays.  Of course, Amber is currently prompting for a password to be set up-front because the next screen requires the new user to download a "backup kit" in order to continue. While I do believe it is a good idea to encourage the creation of a backup, it is not crucial to do so immediately upon creation of a new npub that has nothing at stake if the private key is lost. This is something the UI could remind the user to do at a later time, reducing the friction of profile creation, and expediting getting them into the action.  Outside of these minor onboarding friction points, I think Amber does a great job of explaining to the user the purpose of each of its features, all within the app and without any need to reference external documentation. As long as the user understands the basic concept that their private key is being stored by Amber in order to sign requests from other Nostr apps, so they don't have to be given the private key, Amber is very good about explaining the rest without getting too far into the technical weeds. The most glaring usability issue with Amber is that it isn't available in the Play Store. Average users expect to be able to find applications they can trust in their mobile device's default app store. There is a valid argument to be made that they are incorrect in this assumption, but that doesn't change the fact that this is the assumption most people make. They believe that applications in the Play Store are "safe" and that anything they can't install through the Play Store is suspect. The prompts that the Android operating system requires the user to approve when installing "unknown apps" certainly doesn't help with this impression. Now, I absolutely ***love*** the Zapstore from nostr:npub1wf4pufsucer5va8g9p0rj5dnhvfeh6d8w0g6eayaep5dhps6rsgs43dgh9, but it doesn't do much to alleviate this issue. Users will still need to be convinced that it is safe to install the Zapstore from the GitHub repo, and then install Amber from there. Furthermore, this adds yet another step to the onboarding process. Instead of: - Install Amber - Set up your keys - Install the client you want to use - Log in with Amber The process becomes: - Go to the Zapstore GitHub and download the latest version from the releases page. - Install the APK you downloaded, allowing any prompt to install unknown apps. - Open Zapstore and install Amber, allowing any prompt to install unknown apps again. - Open Amber and set up your keys. - Install the client you want to use - Log in with Amber An application as important as Amber for protecting users' private keys should be as readily available to the new user as possible. New users are the ones most prone to making mistakes that could compromise their private keys. Amber should be available to them in the Play Store. ## How do UI Look? Score: **4.5** / 5 Amber's UI can be described as clean but utilitarian. But then, Amber is a tool, so this is somewhat expected. It is not an app you will be spending a lot of time in, so the UI just needs to be serviceable. I would say it accomplishes this and then some. UI elements are generally easy to understand what they do, and page headings fill in the gaps where that is not the case.  I am not the biggest fan of the color-scheme, particularly in light-mode, but it is not bad in dark-mode at all, and Amber follows whatever theme you have set for your device in that respect. Additionally, the color choice does make sense given the application's name.  It must also be taken into consideration that Amber is almost entirely the product of a single developer's work. He has done a great job producing an app that is not only useful, but pleasant to interact with. The same cannot be said for most utility apps I have previously used, with interfaces that clearly made good design the lowest priority. While Amber's UI may not be the most beautiful Nostr app I have seen, design was clearly not an afterthought, either, and it is appreciated. ## Relay Management Score: **4.9** / 5 Even though Amber is not a Nostr client, where users can browse notes from their favorite npubs, it still relies heavily on relays for some of its features. Primarily, it uses relays for communicating with other Nostr apps for remote signing requests. However, it also uses relays to fetch profile data, so that each private key you add to Amber will automatically load your chosen username and profile picture. In the relay settings, users can choose which relays are being used to fetch profile data, and which relays will be used by default when creating new remote signing connection strings.  The user can also see which relays are currently connected to Amber and even look at the information that has been passed back and forth on each of those active relays. This information about actively connected relays is not only available within the application, but also in the notification that Amber has to keep in your device's notification tray in order to continue to operate in the background while you are using other apps.  Optionality is the name of the game when it comes to how Amber handles relay selection. The user can just stick with the default signing relay, use their own relay as the default, or even use a different relay for each Nostr application that they connect to for remote signing. Amber gives the user an incredible amount of flexibility in this regard. In addition to all of this, because not all relays accept the event types needed for remote signing, when you add a relay address to Amber, it automatically tests that relay to see if it will work. This alone can be a massive time saver, so users aren't trying to use relays that don't support remote signing and wondering why they can't log into noStrudel with the connection string they got from Amber.  The only way I could see relay management being improved would be some means of giving the user relay recommendations, in case they want to use a relay other than relay.nsec.app, but they aren't sure which other relays will accept remote signing events. That said, most users who want to use a different relay for signing remote events will likely be using their own, in which case recommendations aren't needed. ## Current Users' Questions The AskNostr hashtag can be a good indication of the pain points that other users are currently having with any Nostr application. Here are some of the most common questions submitted about Amber in the last two months. nostr:nevent1qvzqqqqqqypzpv30auvvha0wkhteg500n3xd528063l6099zh37sgj2uevdm5mslqythwumn8ghj7ct49eex2mrp09skymr99ehhyee0qyt8wumn8ghj7ct4w35zumn0wd68yvfwvdhk6tcpz9mhxue69uhnzdps9enrw73wd9hj7qpqjx685wn6j3se7w6380ktwvrpydedpu06jd0cwfjawkgnzmahvs2s7t0585 This is a good example of Amber working correctly, but the app the user is trying to log into not working. In my experience with #Olas in particular, it sometimes allows remote signer login, and sometimes doesn't. Amber will receive the signing request and I will approve it, but Olas remains on the login screen. If Amber is receiving the signing requests, and you are approving them, the fault is likely with the application you are trying to log into. That's it. That's all the repeated questions I could find. Oh, there were a few one-off questions where relay.nsec.app wouldn't connect, or where the user's out-of-date web browser was the issue. Outside of that, though, there were no common questions about ***how*** to use Amber, and that is a testament to Amber's ease of use all on its own. ## Wrap Up If you are on Android and you are not already using Amber to protect your nsec, please do yourself a favor and get it installed. It's not at all complicated to set up, and it will make trying out all the latest Nostr clients a safe and pleasant experience. If you are a client developer and you have not added support for NIP-55 or NIP-46, do your users the courtesy of respecting the sanctity of their private keys. Even developers who have no intention of compromising their users' keys can inadvertently do so. Make that eventuality impossible by adding support for NIP-55 and NIP-46 signing. Finally, I apologize for the extended time it took me to get this review finished. The time I have available is scarce, Nostr is distracting, and nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5 kept improving Amber even as I was putting it through its paces over the last two months. Keep shipping, my friend! You have made one of the most useful tools we have seen for Nostr to date! Now... What should I review next?

@ d830ee7b:4e61cd62

ในชีวิตประจำวัน เรามักวัดมูลค่าของสิ่งต่างๆ ด้วยหน่วยเงินที่เราคุ้นเคย เช่น บาทหรือดอลลาร์ เราดีใจเมื่อการลงทุนของเรา **“เพิ่มขึ้น”** ในหน่วยเงินเหล่านั้น ..แต่น้อยคนนักจะหยุดคิดว่าไม้บรรทัดที่เราใช้วัดมูลค่านั้นมีความมั่นคงเพียงใด หากไม้บรรทัดเองหดสั้นลงเรื่อยๆ สิ่งของที่เราวัดอาจดูเหมือนยาวขึ้นทั้งที่ความจริงไม่ได้เปลี่ยนไปเลย แนวคิดนี้สะท้อนถึงการวัดมูลค่าทางเศรษฐกิจในหน่วยเงินที่เปลี่ยนแปลงตลอดเวลา และนำเราไปสู่หลักการเรื่อง **"ค่าเสียโอกาส" (opportunity cost)** ในการลงทุน เมื่อเราเลือกถือสินทรัพย์ชนิดหนึ่ง เรากำลังสละโอกาสที่จะได้ผลตอบแทนจากอีกชนิดหนึ่งเสมอ การทำความเข้าใจว่าอะไรเป็นตัววัดมาตรฐานของเราและค่าเสียโอกาสที่ตามมา จึงเป็นจุดเริ่มต้นในการสำรวจมุมมองใหม่ของการประเมินความมั่งคั่ง ในบริบทนี้.. **บิตคอยน์** (Bitcoin) ได้ถูกเสนอขึ้นมาเป็น **“มาตรฐาน”** ใหม่ในการวัดมูลค่ว เสมือนกับที่ทองคำเคยเป็นมาตรฐานการเงินของโลกในอดีต หนังสือ **The Bitcoin Standard** ของ Saifedean Ammous ชวนเราคิดว่า Bitcoin อาจกลายเป็นเหมือน **“มาตรฐานทองคำ”** ยุคดิจิทัล ที่มารองรับระบบการเงินสากลในอนาคต เหตุผลสำคัญที่ Bitcoin ถูกมองว่าเป็นเงินตราที่มีความแข็งแกร่ง (sound money) คือคุณสมบัติที่หาได้ยากในเงินสกุลปัจจุบัน มันมีปริมาณจำกัดตายตัว 21 ล้านหน่วย ไม่มีธนาคารกลางใดสามารถพิมพ์เพิ่มได้ตามใจชอบ ต่างจากเงินเฟียต (Fiat money) อย่างดอลลาร์ ที่จำนวนเพิ่มขึ้นตลอดเวลาจากนโยบายรัฐ ผลคือ Bitcoin มีความทนทานต่อภาวะค่าเงินเสื่อมค่าจากเงินเฟ้อ และสามารถรักษามูลค่าได้ในระยะยาวดุจทองคำในอดีต หลายคนจึงยกให้มันเป็น **“Sound Money”** หรือเงินที่มั่นคง เชื่อถือได้ในด้านมูลค่าเมื่อเวลาผ่านไป แนวคิดนี้เองเปิดประตูไปสู่การใช้ Bitcoin เป็นหน่วยวัดเปรียบเทียบมูลค่าสินทรัพย์อื่นๆ เพื่อมองภาพเศรษฐกิจในมุมใหม่ - - - ลองจินตนาการกราฟหนึ่งที่นำดัชนีหุ้นชั้นนำอย่าง S&P 500 มาเปรียบเทียบในหน่วย Bitcoin แทนที่จะเป็นดอลลาร์ กราฟนี้จะแสดงให้เราเห็นภาพที่ต่างออกไปอย่างมากจากกราฟปกติที่คุ้นเคย https://nostr.download/e344db050a8f6b023b2a9c7883560ad8a7be3fc4154d3908cbae3471b970272a.webp หากย้อนไปช่วงปี 2011 หุ้น S&P 500 อยู่ที่ราว 1,300 จุด ขณะที่บิตคอยน์มีราคายังไม่ถึง 1 ดอลลาร์ นั่นหมายความว่าดัชนี S&P 500 ในเวลานั้นมีมูลค่าประมาณ 1,300 BTC แต่เมื่อเวลาผ่านไป Bitcoin มีราคาสูงขึ้นมหาศาล ในปี 2021–2022 Bitcoin (เคยพุ่งขึ้นไปแตะหลักหลายหมื่นดอลลาร์ต่อ 1 BTC) ทำให้มูลค่าของ S&P 500 เมื่อวัดในหน่วย BTC กลับกลายเป็นเพียงเศษเสี้ยวของที่เคยเป็น สมมติ S&P 500 ล่าสุดอยู่แถว 4,000 จุด และราคา BTC อยู่หลักแสนดอลลาร์ ดัชนี S&P 500 ทั้งดัชนีอาจมีค่าไม่ถึง 0.05 BTC ด้วยซ้ำ ผลลัพธ์ที่สะท้อนออกมาบนกราฟคือเส้นค่าของ S&P 500 (เมื่อวัดด้วย BTC) ที่มีแนวโน้มลดลงเรื่อยๆ ตลอดทศวรรษที่ผ่านมา แปลความได้ว่า.. บิตคอยน์มีมูลค่าเพิ่มขึ้นเมื่อเทียบกับสินทรัพย์การเงินดั้งเดิมอย่างหุ้น ถึงขั้นที่... **การถือ Bitcoin ไว้ให้ผลตอบแทนดีกว่าการลงทุนในดัชนีหุ้นใหญ่เสียอีกในช่วงเวลาที่ผ่านมา** แม้จะฟังดูเหลือเชื่อ แต่นี่คือภาพที่ข้อมูลได้บอกเรา.. ในมุมมองของมาตรฐาน Bitcoin ตลาดหุ้นสหรัฐฯ ที่ว่าทำผลตอบแทนโดดเด่น ยังดูซีดเซียวลงในทันที ข้อมูลในช่วงสิบปีให้หลังตอกย้ำภาพนี้อย่างชัดเจน ผลตอบแทนของ Bitcoin เหนือกว่าสินทรัพย์แทบทุกชนิดที่เรารู้จักในยุคปัจจุบัน ในเชิงตัวเลข Bitcoin ให้ผลตอบแทนเฉลี่ยต่อปีราว 230% ตลอดทศวรรษ 2011–2021 ขณะที่ดัชนี S&P 500 ซึ่งขึ้นชื่อว่าให้ผลตอบแทนดีสม่ำเสมอ ยังมีค่าเฉลี่ยผลตอบแทนต่อปีประมาณ 10% กว่าๆ เท่านั้นเอง เมื่อนำมาคำนวณทบต้น นั่นหมายความว่า.. ในช่วงเวลาประมาณ 10 ปีที่ผ่านมา มูลค่าของ Bitcoin เพิ่มขึ้นหลักหลายหมื่นเปอร์เซ็นต์ ในขณะที่ S&P 500 เพิ่มขึ้นเพียงไม่กี่ร้อยเปอร์เซ็นต์ **ผลต่างระดับนี้ใหญ่พอที่จะเปลี่ยนวิธีที่เรามองความสำเร็จในการลงทุนไปเลยทีเดียว** มีการสังเกตด้วยว่าเพียงช่วงห้าปีหลังสุด ดัชนี S&P 500 สูญเสียมูลค่าประมาณเกือบ 90% หากวัดในหน่วยของบิตคอยน์ พูดอีกอย่างคือ.. ในสายตาของคนที่ถือ Bitcoin ไว้เป็นเกณฑ์ *"เงิน 100 บาทที่ลงทุนในหุ้นเมื่อต้นช่วงเวลาดังกล่าว จะเหลือมูลค่าเพียงประมาณ 10 บาทเท่านั้นในปัจจุบัน** (เพราะ 90 บาทที่เหลือคือค่าเสียโอกาสที่หายไปเมื่อเทียบกับการถือ Bitcoin) มุมมองแบบนี้ชวนให้เราตั้งคำถามว่า ที่ผ่านมาสินทรัพย์ที่ดูเหมือนมั่นคงปลอดภัย อาจไม่ปลอดภัยอย่างที่คิดเมื่อประเมินด้วยบรรทัดฐานใหม่ การเปรียบเทียบข้างต้นยังสะท้อนถึง ปัญหาการเสื่อมค่าของเงินเฟียต ซึ่งเราคุ้นเคยแต่บางครั้งมองข้ามความร้ายกาจของมัน เงินดอลลาร์สหรัฐซึ่งเป็นสกุลเงินหลักของโลก สูญเสียอำนาจซื้อไปแล้วกว่า 96% ตั้งแต่ปี 1913 จนถึงปัจจุบัน (กล่าวคือ เงิน 1 ดอลลาร์ในสมัยนั้นมีค่าพอๆ กับเงินเกือบ 30 ดอลลาร์ในปัจจุบัน) การที่ค่าเงินด้อยค่าลงเรื่อยๆ แบบนี้หมายความว่า **ตัวเลขราคาในหน่วยเงินเฟียตอาจเพิ่มขึ้นทั้งที่มูลค่าที่แท้จริงไม่เพิ่ม** ยกตัวอย่างเช่น ดัชนี S&P 500 ทำจุดสูงสุดใหม่เป็นประวัติการณ์ในหน่วยดอลลาร์สหรัฐอยู่บ่อยครั้ง แต่หากปรับค่าด้วยปัจจัยเงินเฟ้อหรือปริมาณเงินที่พิมพ์เพิ่มเข้าไป เราจะพบว่ามูลค่าที่แท้จริงของดัชนีนี้ไม่ได้เพิ่มขึ้นมากอย่างที่เห็น บางการวิเคราะห์ชี้ว่าหลังวิกฤตการเงินปี 2008 เป็นต้นมา แม้ดัชนี S&P 500 ในตัวเลขจะพุ่งขึ้นไม่หยุด แต่เมื่อหารด้วยปริมาณเงินที่เพิ่มขึ้น (เช่น M3) เส้นกราฟที่ได้กลับแทบไม่สูงไปกว่าจุดก่อนวิกฤตเลยด้วยซ้ำ หมายความว่า.. ที่ราคาหุ้นสูงขึ้น ส่วนใหญ่ก็เพื่อไล่ตามสภาพคล่องเงินที่ไหลเข้าระบบเท่านั้น ไม่ได้สะท้อนการเติบโตแท้จริงของเศรษฐกิจมากนัก เงินเฟ้อและการขยายตัวของปริมาณเงินจึงเปรียบเสมือน **“หมอก”** ที่บังตา ทำให้เรามองไม่ชัดว่าสิ่งใดเพิ่มมูลค่าแท้จริง สิ่งใดแค่ตัวเลขฟูขึ้นตามสกุลเงินที่ด้อยค่าลง เมื่อ Bitcoin ถูกใช้เป็นหน่วยวัดเปรียบเทียบ มันทำหน้าที่เสมือนกระจกใสที่กวาดเอาหมอกเงินเฟ้อนั้นออกไป เราจึงเห็นภาพที่ต่างไปโดยสิ้นเชิง เช่นเดียวกับกรณีที่เราเปรียบเทียบราคาสินค้าโภคภัณฑ์บางอย่างในหน่วย BTC ผลลัพธ์ก็อาจกลับทิศ การทดลองหนึ่งของธนาคารเฟด สาขาเซนต์หลุยส์ เคยเล่นเปรียบเทียบราคา **“ไข่ไก่หนึ่งโหล”** ในหน่วยดอลลาร์กับในหน่วยบิตคอยน์ ปรากฏว่า... แม้ต้องการจะชี้ให้เห็นความผันผวนของ Bitcoin แต่ดันกลับตอกย้ำความจริงที่ว่า ในช่วงเงินเฟ้อสูง ราคาฟองไข่ที่ดูเพิ่มขึ้นเรื่อยๆ ในหน่วยดอลลาร์ จริงๆ แล้วทรงตัวหรือลดลงด้วยซ้ำเมื่อคิดเป็น BTC นี่เป็นตัวอย่างสนุกๆ ที่บอกเราว่า กรอบอ้างอิง (frame of reference) ในการวัดมูลค่านั้นสำคัญเพียงใด แน่นอนว่า Bitcoin เองก็มีความผันผวนสูงและยังอยู่ในช่วงเริ่มต้นเมื่อเทียบกับสินทรัพย์ดั้งเดิม การที่มันพุ่งทะยานหลายหมื่นเปอร์เซ็นต์ที่ผ่านมาไม่ได้รับประกันว่ากราฟในหน่วย BTC ของสินทรัพย์ต่างๆ จะดิ่งลงอย่างนี้ไปตลอด แต่สิ่งที่เกิดขึ้นแล้วได้ให้แง่คิดทางปรัชญาการเงินที่ลึกซึ้งกับเรา อย่างแรกคือเรื่อง **ค่าเสียโอกาส** ที่กล่าวถึงตอนต้น ทุกการตัดสินใจทางการเงินมีต้นทุนค่าเสียโอกาสแฝงอยู่เสมอ เพียงแต่เมื่อก่อนเราอาจไม่เห็นมันชัดเจน การเก็บออมเงินสดไว้เฉยๆ ในธนาคารมีต้นทุนคือผลตอบแทนที่สูญไปหากเราเลือกลงทุนอย่างอื่น การลงทุนในสินทรัพย์ A ก็ย่อมหมายถึงการไม่ได้ลงทุนในสินทรัพย์ B หาก B นั้นให้ผลตอบแทนสูงกว่า เราก็สูญเสียส่วนต่างนั้นไป สิบกว่าปีที่ผ่านมา Bitcoin ทำผลงานได้เหนือชั้นกว่าสินทรัพย์อื่นๆ มาก ค่าเสียโอกาสของการไม่ถือ Bitcoin จึงสูงลิ่วในช่วงนี้ สำหรับนักลงทุนที่มองย้อนกลับไป นี่คือบทเรียนราคาแพง บางคนอาจนึกเสียดายว่า **“รู้งี้ซื้อบิตคอยน์ไว้ตั้งแต่แรกซะก็ดี”** แต่ประเด็นไม่ได้อยู่ที่การเสียดายอดีต แต่อยู่ที่ **การตระหนักรู้ถึงค่าเสียโอกาสและผลกระทบของมันที่มีต่อความมั่งคั่งของเราในระยะยาว** ต่างหาก อีกแง่หนึ่งที่ลึกกว่านั้นคือเรื่อง **กรอบในการวัดมูลค่า** ของเราทุกวันนี้ว่าเหมาะสมแล้วหรือไม่ หากการที่เราใช้เงินเฟียตที่เสื่อมค่าเป็นตัววัด ทำให้เราประเมินค่าของสิ่งต่างๆ ผิดเพี้ยนไป การตัดสินใจทางเศรษฐกิจของเราก็อาจผิดทิศทางในระยะยาวได้ ลองนึกภาพว่า.. ถ้าเงินที่เราใช้อยู่มีมูลค่าเสถียรหรือเพิ่มขึ้นตามประสิทธิภาพการผลิตจริงๆ ของเศรษฐกิจ (เหมือนที่เงิน Bitcoin ถูกออกแบบมาให้ไม่เสื่อมค่าไปตามกาลเวลา) เราอาจไม่จำเป็นต้องวิ่งไล่หาผลตอบแทนสูงๆ เพียงเพื่อรักษามูลค่าเงินออมของตัวเองให้ทันเงินเฟ้อ ผู้คนอาจวางแผนการเงินระยะยาวขึ้น แนวคิดเรื่อง **“เวลาที่ต้องใช้”** กับ **“อัตราส่วนลดของอนาคต”** (time preference) ก็จะเปลี่ยนไป ดังที่ Ammous กล่าวไว้ใน The Bitcoin Standard ว่าเงินที่มีเสถียรภาพจะส่งเสริมให้คนออมและลงทุนในโครงการระยะยาวมากขึ้น ผิดกับระบบเงินเฟ้อที่ชักจูงให้ผู้คนรีบใช้จ่ายหรือเข้าร่วมเก็งกำไรระยะสั้นเพราะกลัวว่าเงินจะด้อยค่าไป นี่ไม่ใช่แค่เรื่องการเงินส่วนบุคคล แต่สะท้อนถึงคุณภาพของการเติบโตทางเศรษฐกิจและนวัตกรรมในสังคมโดยรวมด้วย หากเรามีหน่วยวัดมูลค่าที่เที่ยงตรง ไม่บิดเบือนไปตามนโยบายการเงินรายวัน เราก็อาจประเมินโครงการต่างๆ ได้ตามศักยภาพที่แท้จริงมากขึ้น เงินเฟ้อและการพิมพ์เงินจำนวนมากมักทำให้เกิดการลงทุนผิดที่ผิดทาง (malinvestment) เพราะสัญญาณราคาถูกบิดเบือน เช่น ดอกเบี้ยที่ต่ำผิดปกติอาจทำให้เกิดหนี้ล้นเกินหรือลงทุนในโครงการที่ไม่ยั่งยืน ในขณะที่มาตรฐานเงินที่เข้มงวดอย่าง Bitcoin อาจบังคับให้ทุกการลงทุนต้องมีเหตุผลรองรับที่แข็งแรงขึ้น เนื่องจากไม่สามารถอาศัยการอัดฉีดสภาพคล่องมาช่วยพยุงได้ง่ายๆ เมื่อมาถึงตรงนี้.. เราอาจไม่ได้ข้อสรุปทันทีว่า **“ต่อไปนี้ฉันควรถือ Bitcoin แทนที่จะลงทุนอย่างอื่น”** และบทความนี้ก็ไม่ได้มีเจตนาจะชี้นำการลงทุนเช่นนั้น เป้าหมายแท้จริงคือการเปิดมุมมองใหม่ว่า เราประเมินคุณค่าของสิ่งต่างๆ อย่างไร ลองตั้งคำถามกับตัวเองว่า.. ทุกวันนี้เราวัดความร่ำรวยหรือความก้าวหน้าทางเศรษฐกิจด้วยหน่วยอะไร หน่วยนั้นวัดได้เที่ยงตรงหรือเปล่า? หากเงินที่เราใช้วัดเองลดค่าลงทุกปีๆ เราจะมั่นใจได้อย่างไรว่าตัวเลขที่เพิ่มขึ้นบนกระดาษคือความมั่งคั่งที่เพิ่มขึ้นจริง? การใช้ Bitcoin เป็นมาตรฐานเทียบเคียง เป็นเสมือนการลองวัดด้วยไม้บรรทัดอีกอันที่อาจตรงกว่าเดิม ในหลายกรณีมันเผยให้เห็นภาพที่เราคาดไม่ถึงและท้าทายความเชื่อเดิมๆ ของเรา บทเรียนที่ได้รับไม่ใช่ให้เราทุกคนเปลี่ยนไปคิดเป็น BTC ในชีวิตประจำวันทันที แต่คือการตระหนักว่า **หน่วยวัดมีความหมาย** และการมองโลกการเงินด้วยหน่วยวัดที่ต่างออกไปสามารถให้ข้อคิดที่ลึกซึ้งได้อย่างไร ท้ายที่สุด ไม่ว่าจะเชื่อใน **“มาตรฐานบิตคอยน์”** หรือไม่นั้น ไม่สำคัญเท่ากับการที่เราได้ฉุกคิดและตั้งคำถามกับระบบที่เราใช้อยู่ทุกเมื่อเชื่อวัน บางทีสิ่งที่ Bitcoin และปรัชญาการเงินแบบใหม่ๆ นำมาให้เรา อาจไม่ใช่คำตอบสำเร็จรูป แต่คือแรงกระตุ้นให้เราเปิดใจมองภาพใหญ่ของเศรษฐกิจในมุมที่กว้างขึ้น ลองพิจารณาปัจจัยพื้นฐานอย่างค่าเงิน เวลา และโอกาสที่สูญเสียไปกับการตัดสินใจต่างๆ อย่างรอบด้านขึ้น เมื่อเราเริ่มมองเห็นว่าการวัดมูลค่าของสิ่งต่างๆ ด้วย **ไม้บรรทัดที่ต่างออกไป** ให้อะไรเราได้บ้าง เราก็จะพร้อมที่จะปรับมุมมองและกลยุทธ์การเงินของตนเองให้เท่าทันโลกที่เปลี่ยนแปลงเสมอ ไม่แน่ว่าในอนาคต เราอาจได้เห็นผู้คนพูดถึงราคาบ้านหรือดัชนีหุ้นในหน่วยบิตคอยน์อย่างเป็นเรื่องปกติ และการคิดเช่นนั้นอาจไม่ใช่เรื่องแปลกใหม่อีกต่อไป เพราะเราได้เรียนรู้ที่จะมองผ่านเปลือกของหน่วยเงิน ไปสู่แก่นแท้ของมูลค่าจริงๆ ที่อยู่เบื้องหลังนั่นเอง ขอบคุณ Thai Ratel สำหรับความกระจ่างในการวัดมูลค่าสินทรัพย์ต่าง ๆ ด้วยบิตคอยน์

@ d830ee7b:4e61cd62

In our daily lives, we often measure the value of things using familiar monetary units such as baht or dollars. We feel delighted when our investments **"increase"** in these units. However, few people stop to consider how stable the measuring stick itself is. If the ruler we use to measure value keeps shrinking, the objects we measure may appear longer, even though their actual size remains unchanged. This concept reflects the way we assess economic value in constantly changing monetary units, leading us to the principle of opportunity cost in investment: when we choose to hold one type of asset, we are always giving up the opportunity to earn returns from another. Understanding what serves as our standard measure and the opportunity costs that come with it is the first step toward exploring a new perspective on wealth assessment. In this context, Bitcoin has been proposed as a new **"standard"** for measuring value, much like gold once served as the global financial standard in the past. Some view Bitcoin as the "digital gold standard" that could support the international financial system in the future. A key reason Bitcoin is considered **"sound money"** is its rarity—something modern currencies lack. Its supply is permanently capped at 21 million units, meaning no central bank can print more at will. This contrasts with fiat money, such as the dollar or baht, which constantly increases in supply due to government policies. As a result, Bitcoin is resistant to inflation-induced depreciation and can retain its value over the long term, much like gold in the past. Many therefore consider it **"sound money"**—a form of currency that is stable and reliable in preserving value over time. This idea opens the door to using Bitcoin as a benchmark for comparing the value of other assets, offering a fresh perspective on the economy. Imagine a graph that compares the leading stock index, **the S&P 500, in Bitcoin terms instead of dollars.**  This graph would reveal a drastically different picture from the conventional charts we are familiar with. Looking back to 2011, the S&P 500 was around 1,300 points, while Bitcoin was priced at less than $1. This means the S&P 500 index was valued at approximately 1,300 BTC at the time. However, as Bitcoin's price surged over the years—reaching tens of thousands of dollars per BTC in 2021–2022—the value of the S&P 500, when measured in BTC, shrank dramatically. Suppose the S&P 500 currently stands at around 4,000 points, while Bitcoin is priced at six figures in dollars. The entire S&P 500 index might be worth less than 0.05 BTC. The resulting graph would show a consistent downward trend in the S&P 500's value **(when measured in BTC)** over the past decade. This means Bitcoin has appreciated relative to traditional financial assets like stocks—to the extent that simply holding Bitcoin has outperformed investing in major stock indices. As surprising as this may seem, the data tells this story: from the perspective of a Bitcoin standard, even the high-performing U.S. stock market appears lackluster. Data from the past decade reinforces this view. Bitcoin has outperformed nearly every asset class known today. In numerical terms, Bitcoin delivered an average annual return of **approximately 230% from 2011 to 2021**, whereas the S&P 500, which is renowned for its consistent performance, achieved an average annual return of just over 10%. When compounded over time, this means Bitcoin's value increased by tens of thousands of percent over the past decade, while the S&P 500's value rose by only a few hundred percent. The magnitude of this difference is significant enough to reshape how we perceive investment success. Observations also indicate that in just **the past five years, the S&P 500 has lost nearly 90% of its value when measured in Bitcoin.** In other words, for someone using Bitcoin as their benchmark, a 100-baht investment in stocks at the beginning of this period would be worth only about 10 baht today—the remaining 90 baht representing the opportunity cost of not holding Bitcoin. This perspective challenges our assumptions about the stability of supposedly safe assets when evaluated under a new standard. This comparison also highlights the issue of fiat currency depreciation—something we are familiar with but often underestimate. The U.S. dollar, the world's primary reserve currency, has **lost over 96% of its purchasing power since 1913**. This means that what $1 could buy back then now requires nearly $30. This ongoing depreciation implies that prices in fiat terms may rise even when real value does not. For example, the S&P 500 frequently reaches all-time highs in U.S. dollar terms. However, when adjusted for inflation or money supply expansion, its real value has not increased as much as it seems. Some analyses suggest that since the 2008 financial crisis, although the S&P 500's nominal value has surged, when divided by the expanding money supply (such as M3), its graph remains largely unchanged from pre-crisis levels. This suggests that stock prices have risen primarily in response to liquidity injections rather than genuine economic growth. Inflation and monetary expansion act like a **"fog,"** obscuring our ability to discern real value from mere numerical increases. When Bitcoin is used as a comparative unit, it acts as a clear lens that removes this inflationary fog, revealing a completely different picture. The same applies when comparing commodity prices in BTC. A notable experiment by the St. Louis Federal Reserve once examined the price of **"a dozen eggs"** in both dollars and Bitcoin. While the study aimed to highlight Bitcoin’s volatility, it inadvertently reinforced the point that during periods of high inflation, the price of eggs, which seemed to rise continuously in dollars, actually remained stable or even declined in BTC terms. This amusing example illustrates the profound impact of measurement standards. Of course, Bitcoin itself is highly volatile and still in its early stages compared to traditional assets. Its meteoric rise over the past decade does not guarantee that all asset graphs in BTC terms will continue declining indefinitely. However, what has already transpired provides deep financial insights. **The first takeaway** is the concept of opportunity cost mentioned earlier—every financial decision has an inherent cost, even if we do not always recognize it. Holding cash in a bank carries the opportunity cost of the returns one could earn by investing elsewhere. Investing in asset A means missing out on asset B, and if B delivers higher returns, we incur that loss. Over the past decade, Bitcoin has outperformed all other assets by a wide margin, making the opportunity cost of not holding Bitcoin extremely high. Investors looking back on this period might regret not having bought Bitcoin earlier, but the key lesson is not about dwelling on past decisions—it is about becoming aware of **opportunity costs** and their long-term impact on wealth. On a deeper level, this discussion raises questions about whether our current valuation framework is truly appropriate. If using a depreciating fiat currency as a benchmark distorts our perception of value, our economic decisions may be misaligned in the long run. Imagine a scenario where money retains or even appreciates in value in line with real economic productivity (as Bitcoin was designed to do). In such a system, people would not need to chase high returns merely to preserve their savings from inflation. They could plan finances with a longer-term perspective. Concepts like **"time preference"** and **"discounting the future"** would shift. It is often argued that sound money encourages saving and long-term investment, whereas inflationary systems push people toward short-term spending or speculation out of fear that their money will lose value. This is not just a matter of personal finance but a fundamental influence on the quality of economic growth and innovation. **A sound money standard** like **Bitcoin** might enforce stricter investment discipline, as liquidity injections could no longer be used as a safety net for unsustainable projects. At this point, readers may not conclude that they should immediately hold Bitcoin instead of investing in other assets—and this article is not intended as investment advice. Its real purpose is to provoke thought about how we measure value. **Ask yourself:** What unit do we use to gauge wealth and economic progress? Is that unit reliable? If the money we use for measurement loses value every year, how can we be sure that increasing numbers on paper reflect true wealth growth? Using Bitcoin as a reference standard is like measuring with a new ruler—one that may be more accurate. In many cases, it reveals unexpected insights and challenges long-held beliefs. Ultimately, whether or not one believes in the **"Bitcoin standard"** is less important than the ability to critically examine the system we rely on daily. Perhaps the greatest value Bitcoin and new financial philosophies offer is not a definitive answer but the impetus to look at the bigger economic picture with fresh eyes. Thank you, Thai Ratel, for enlightening me on this topic! Jakk Goodday.

@ 3eba5ef4:751f23ae

### Standardizing Bitcoin Layer 2 Withdrawals: Output Script Descriptor (BOSD) Jose Storopoli and Trey Del Bonis from Alpen Labs introduced [Output Script Descriptor (BOSD)](https://bitcoinops.org/en/topics/output-script-descriptors/), a standardized withdrawal output format aimed at improving the on-chain withdrawal process for Bitcoin Layer 2s while eliminating reliance on ad-hoc rules. One key issue BOSD addresses is the risk L2 operators face when users request non-standard transactions, such as those with oversized OP\_RETURN outputs. By abstracting complex validation logic into a more manageable format, BOSD helps mitigate these risks and serves as a crucial tool for maintaining the integrity and reliability of Bitcoin’s Layer 2 infrastructure. * [Rust implementation of BOSD](https://crates.io/crates/bitcoin-bosd) * [Specification](https://github.com/alpenlabs/bitcoin-bosd/blob/main/SPECIFICATION.md) ### Allowing Mobile Wallets to Settle Lightning Channels Without Extra UTXOs Bastien Teinturier [introduced](https://delvingbitcoin.org/t/zero-fee-commitments-for-mobile-wallets/1453) an opt-in variant of Lightning Network’s [V3 commitments](https://bitcoinops.org/en/topics/v3-commitments/), enabling mobile wallets to settle channels using funds within the channel even in cases of theft attempts. This removes the need for users to maintain an on-chain UTXO to cover closing fees. ### Custodial Solutions Are Not Solutions Matt Corallo, one of Bitcoin’s most prolific developers, has been vocal about the challenges of non-custodial Bitcoin payment solutions, particularly in the Lightning Network. His article, [*Custodial Solutions Are Not Solutions*](https://spiralbtc.substack.com/p/custodial-solutions-are-not-solutions), critiques the Bitcoin community’s fixation on new custodial models. He argues that too many engineering resources have gone into custodial solutions like Blockstream’s Liquid (a multisig-controlled private blockchain), ecash (blind-signed custodial systems), Spark (Lightspark’s Statechains extension requiring near-total operator trust), and modern Ark variants (which rely heavily on trusted Statechain operators for scalability). While many of these systems offer excellent UX and privacy, they compromise Bitcoin’s core censorship resistance. For now, Corallo believes Lightning remains the only non-custodial solution capable of supporting most Bitcoin users. ### Three Approaches to Solo Mining There is significant debate over what qualifies as *solo mining*. Some define it as a miner earning block rewards alone, while others focus on miners generating their own block templates. To clarify this, the open-source mining advocacy group [256 Foundation](https://256foundation.org/) explored the topic in their recent report, [*Swim at Your Own Risk*](https://256foundation.org/newsletters/256Foundation-Newsletter-2502_v1.pdf), outlining three types of solo mining: * **Self-Hosted Solo Mining:** The miner runs their own Bitcoin node and Stratum server, generates block templates, broadcasts blocks, and keeps all rewards. This is the most "pure" form of solo mining. * **OCEAN Mining**: The miner runs their own Bitcoin node and DATUM gateway, generates block templates, but relies on a pool to broadcast blocks. Miners can choose whether to share rewards with others, and the pool charges a 1% fee. * **Joining a Solo Mining Pool** * The miner operates mining hardware, while the pool provides block templates and broadcasts blocks. Pools supporting this include CK Pool, Braiins Solo Pool (2% fee), and Public Pool (no fees). * While this method involves pools, individual miners still receive direct rewards, making it a hybrid form of solo mining. ### Lightning Network Growth Report Lightning Network service provider Voltage Cloud released a report titled *The Lightning Network: Expanding Bitcoin Use Cases*, highlighting key trends: * More businesses are integrating Lightning, a trend expected to continue through 2025. * Older, inefficient channels deployed between 2018 and 2020 are closing in favor of larger, more efficient ones. * The average total capacity of public Lightning channels is increasing, improving the success rate for larger payments. * If nodes are well-optimized, transaction fees can be near zero, with settlement times under half a second. * The Lightning Network is evolving toward fewer but better-connected nodes rather than many weakly connected ones. * Lightning is proving itself as one of the most efficient transaction methods in the digital asset ecosystem. * Lightning can be seen as a *yield-bearing network*, allowing users to earn without sacrificing Bitcoin custody. [Download](https://www.voltage.cloud/expanding-bitcoin-use-cases) the full report. ### Mempool Block Art Created Through Anomalous Transactions According to [256 Foundation’s monthly report](https://256foundation.org/newsletters/256Foundation-Newsletter-2502_v1.pdf), researcher *boerst* [discovered](https://x.com/boerst/status/1882390953496809484) anomalies involving empty block templates from mining pools like Binance, SECpool, Sigmapool, and EMCD. Earlier, SEC Pool mined [empty block 880496](https://mempool.space/block/00000000000000000000e3f7c2b91609da1394fd9a725fedb8123419188b34ec), which later returned to a normal transaction-included state. These anomalies were linked to SEC Pool engineers configuring block templates to create block art. As a result, [block 880512](https://mempool.space/block/00000000000000000001c3fbc76a7efe7a320a8236ea6250bc15e4f7a67e727d) was shaped into a Satoshi pattern. Additionally, some of the first transactions contained OP\_RETURN messages with the text: *Declaration of Genesis: Awakening on the Bitcoin Network. Bitcoin’s promise of freedom will become an untamperable habitat for AI.*  ### Podcast | SNI: Fractional Reserve Banking is Obsolete The latest episode of *The Reorg*, a podcast by the Satoshi Nakamoto Institute, discusses Pierre Rochard’s article *Fractional Reserve Banking is Obsolete*. The article argues that the fractional reserve banking system leads to capital misallocation and price distortions, inevitably causing economic crises. Bitcoin, on the other hand, provides a safer, more transparent, and more efficient way to store and transfer funds, rendering traditional banking obsolete. Moreover, the increasing adoption of Bitcoin serves as a validation of Austrian economic theory: a 100% reserve banking system can prevent financial crises and economic downturns. A healthy economy expands based on capital goods rather than monetary or credit inflation. [Listen here](https://nakamotoinstitute.org/podcasts/the-reorg/fractional-reserve-banking-is-obsolete/) ### Central Banks Postpone CBDC Plans A survey conducted by the Official Monetary and Financial Institutions Forum (OMFIF) on 34 central banks, titled [*Why central banks should take the next step on CBDCs*](https://www.omfif.org/2025/02/why-central-banks-should-take-the-next-step-on-cbdcs/), reveals that 31% of central banks have delayed their retail central bank digital currency (CBDC) plans. The percentage of central banks inclined to issue a CBDC has dropped from 38% in 2022 to 18%. While this slowdown is a welcome shift, the survey [concludes](https://cointelegraph.com/news/central-banks-pushing-back-cbdc-plans-survey) that most central banks are still likely to issue a CBDC in the future. ### Governments Worldwide Seek to Break Encryption for Data Access Will Jager [reveals](https://www.therage.co/encryption-is-under-siege/) the global trend of governments attempting to bypass encryption protections to access private data. He highlights the growing risks associated with government access to encrypted data, citing examples such as the UK government’s [order to Apple](https://www.bbc.com/news/articles/c20g288yldko) to create a backdoor for encrypted iCloud data, the EU’s [Chat Control proposal](https://www.techradar.com/computing/cyber-security/chat-control-all-you-need-to-know-about-the-eu-plan-to-scan-all-your-whatsapp-chats), and the U.S. [EARN IT Act](https://www.congress.gov/bill/118th-congress/senate-bill/1207), which expands government surveillance over encrypted communications.

@ bf47c19e:c3d2573b

Originalni tekst na [medium.com](https://medium.datadriveninvestor.com/do-not-buy-bitcoin-75da73226530). ###### Autor: [Aleksandar Svetski](https://primal.net/svetski) / Prevod: [₿itcoin Serbia](https://x.com/BTCSRB) --- Nemojte kupovati Bitkoin! Ni danas, ni kasnije, nikada! Posvećeno skepticima, neznalicama, arogantnima i nezainteresovanima. ##### NE TREBA vam Bitkoin. ##### Molim vas. Nemojte ga kupovati. ##### Lično me ne zanima "masovna adopcija". ##### Draža mi je selektivna adopcija. ##### Svinja ne zaslužuje bisere. ##### Na vama je da platite cenu neznanja. ##### Kao i cenu glupavosti. ##### Kada dođe vreme, sa zadovoljstvom ću vam platiti hiljadu satošija mesečno za vaše vreme i smejati se usput.  #### Najbitnija odluka koju ćete ikada doneti NEMA važnije odluke za vašu finansijsku, ekonomsku i suverenu budućnost koju danas možete doneti nego da kupite Bitkoin. A ako ne želite da izdvojite malo vremena da ga dalje proučite, JEDINA osoba koju treba da krivite kasnije ste vi sami. Danas, Bitkoin se nalazi u svojoj ranoj, početnoj fazi. O ovome možete više pročitati ovde (hvala [ObiWan Kenobit](https://obiwankenobit.medium.com/)): [Hiperbitkoinizacija: pobednik uzima sve](https://medium.com/coinmonks/hyperbitcoinization-winner-takes-all-69ab59f9695f) Ovo JE prilika ne samo vašeg života, već verovatno i najveći mogući transfer bogatstva u istoriji, a najluđa stvar je što će se najveći deo toga odigrati u narednih nekoliko decenija. Nalazimo se tek u prvih 12 godina ove promene, a već smo videlo kako je Bitkoin eksplodirao sa $0.008c (kada su za 10.000 BTC kupljene dve pice) na trenutnu cenu od oko $11.500. **Ovo je tek početak.** Tek 0.001% svetskog bogatstva je denominirano u Bitkoinu. Ako sada izdvojite samo trenutak da razumete novac, njegovu ulogu u društvu i kako će ekonomski darvinizam voditi ceo svet prema najrobusnijem, najčvršćem i najsigurnijem obliku očuvanja bogatstva, možete odlučiti da kupite neki deo pre nego što se ostatak sveta priključi. Čitajući ovo, vi ste poput drevnog pojedinca koji je pronašao zlato, dok svi ostali koriste školjke. Razlika je u tome što živite u digitalnom dobu tokom kojeg će se ovaj novac pojaviti i sazreti *za vreme vašeg života*. Taj drevni pojedinac bi bio u pravu ali mrtav zato što je zlatu bilo potrebno nekoliko hiljada godina da uradi ono za šta će Bitkoinu biti potrebne decenije. **Zamislite. Se. Nad. Tim.** I naučite dalje o nastanku Bitkoina ovde: [Zašto je Bitkoin važan](https://medium.com/hackernoon/why-bitcoin-matters-c8bf733b9fad) I za ime ljubavi prema sopstvenoj budućnosti, preuzmite ovu kratku elektronsku knjigu i jebeno se edukujte!! [Preuzmite "Investiranje u Bitkoin"](https://info.amber.app/investing-in-bitcoin) I eto, dajem vam izvore.. jbt.. Svejedno... Danas, imate izbor da kupite Bitkoin; najoskudniji novac u univerzumu, za siću!! Bukvalno možete kupiti hiljade satošija (najmanju jedinicu Bitkoina gde je 100.000.000 satošija = 1 BTC) za $1!!! Danas ne postoji veća prilika, kao što sutradan neće postojati veće žaljenje kada više ne budete imali "izbor" da ga kupite. Kada taj dan bude došao i kada budete to *morali* da prihvatite, setićete se ovih reči, ali avaj, biće prekasno, a vreme ne možete vratiti.  #### Više nije 2012 Tada ste imali izgovor. Sada je 2020... Apsolutno NEMA razloga zašto neko sa malo radoznalosti i relativno funkcionalnim mozgom ne može da prouči šta je Bitkoin, zašto postoji, zašto je važan i zašto bi trebalo da u njega prebaci malo ličnog bogatstva. *Naročito* ako ima prijatelja poput mene ili mnoštvo Bitkoinera negde tamo. Ja više neću smarati ljude sa porukama "*zašto treba kupiti Bitkoin*". Više nije 2012. godina. Danas imamo toliko puno informacija od toliko mnogo dobrih ljudi na svim mogućim medijima, tako da NEMATE IZGOVORA da ga ignorišete ili kažete: "ali niko mi nije rekao". Ukoliko nemate da izdvojite bar malo vremena od vašeg Netflix rasporeda da biste istražili šta je ova stvar i zašto je bitna za vašu ličnu ekonomsku budućnost, onda zaslužujete to što imate. Deluje okrutno ali dobrodošao u život, mladi žutokljunče. Sada... Ako ste izdvojili malo vremena ali ste i dalje nezainteresovani ili dovoljno glupi da ga odbacite, onda zaista zaslužujete to što dolazi i ostatak ovog članka je definitivno za vas. #### Ne želim da uopšte kupite Bitkoin! Ok Aleks, ali šta ćemo sa "masovnom adopcijom"??? Pažljivo me slušajte: ##### Zabole me kurac da li će masovna adopcija doći za 10, 20, 50 ili 100 godina! Ja sam skroz za selektivnu adopciju i potpuno za dugačku igru. Tako da sam spreman da čekam. Kao u SVIM prirodnim, evolutivno funkcionalnim sistemima, oni koji seju i pomažu u izgradnji temelja bi trebalo da budu i nesrazmerno nagrađeni. Ovo je 100% fer i predivno **nejednako** (*neki od vas koji me znate ste upoznati sa mojim stavom o nejednakosti kao najprezrenijem od svih ljudskih ideala. Radi se o odvratnom idealu koji nagrađuje najgore među nama*).  **Tako da za skeptike i "neverne Tome" imam jednostavnu poruku:** Nadam se da nećete uopšte kupiti Bitkoin. *Ni danas ni bilo kada.* Nadam se da će jedini put kada budete stupili u dodir sa Bitkoinom to biti jedini način da za nešto budete isplaćeni; npr. kada budete morali da ga zaradite. Jedva čekam dan kada će mojih nekoliko hiljada satošija moći da kupi tri, četiri ili pet meseci vašeg vremena. A u međuvremenu... **Molim vas**, držite se vašeg fiat novca. **Molim vas**, držite se vaših šitkoina. Ne želim nikoga od vas "blokčejnera", šitkoinera, fiat nokoinera i vas svih ostalih klovnova koji mislite da znate bolje. Ovaj rolerkoster je specijalan, tako da zašto bih želeo da ga delim sa vama glupanderima? Zašto bih bacao bisere pred svinje? Ja verujem u *principe isključivosti.* Ovo nije "kumbaya" ili "svi smo jedno". Jebite se. Sa razlogom smo drugačiji. Napraviću sam svoj krevet i ležati u njemu. Vi napravite svoje. Kada bude došlo vreme, ja ću vam za vaše vreme plaćati satošijima zato što onda nećete imati izbora. Tada ja pobeđujem, a vi gubite. #### Kako sejete, tako žanjete Razlika između mene i vas je ta što ja **kupujem** Bitkoin sada zato što tako **želim**. Vi ćete morati da **radite** za Bitkoin sutra zato što tako **morate**. To je cena neznanja. *To* je cena arogancije. To je cena gluposti koju ćete platiti i, koliko god ovo zvuči okrutno, istina je da *zaslužujete svaki delić toga.* Svi ležimo u krevetu koji sami pravimo, a vi svoj krevet pravite sada. Neće vam samouvereni Bitkoiner reći: "lepo sam vam rekao". Nova ekonomska realnost će vam to reći umesto njega. "Lepo sam vam rekao" će vas udariti poput tone cigle kada shvatite razliku između vas i onih koji su bili razboriti, koji su marljivo štedeli, koji su uložili vreme i trud da otkriju šta je zapravo Bitkoin dok su ih svi nazivali ludacima. Neće biti sažaljenja. #### Nema više bacanja bisera pred svinje Oni koji imaju priliku da kupe nešto Bitkoina sada, a odluče da to ne urade zahvaljujući neznanju, aroganciji ili gluposti, *zaslužuju da plate sa kamatom.* Zaslužuju da trguju svoje sutrašnje dragoceno vreme i energiju za ono što su mogli da nabave danas i to bukvalno "za kikiriki". Ovde nema greške: nismo jednaki. Mi smo veoma, veoma različiti ljudi. Ja sam uložio vreme, trud i energiju **sada**, ne samo zbog sebe samog, već i da bih posadio seme i pomogao mreži. Uradio sam svoj deo. Vi ćete doći kasnije i pomoći mi da žanjem nagrade svog truda. Postojaćete da biste mi pomogli da uživam u plodovima. To će biti vaša uloga. Izabrao sam da rizikujem i steknem deo onoga zbog čega su me svi nazivali ludim zato što sam učio, verovao i shvatio **danas**, sa nadom da se izgradi bolja, poštenija i pravičnija budućnost za sve. Radeći to, neki od nas će postati džinovi i nesrazmerno bogati. I vi imate tu šansu ali je mnogi od vas neće iskoristiti. ###### *I ja sam skroz ok sa tim. Više neću bacati bisere pred svinje.* --- Ovaj članak može zvučati neprijatno ali više me zabole kurac. Sada je na vama da sami istražujete. Ovo se događa bez obzira sviđalo vam se to ili ne. Ja i hiljade drugih Bitkoinera smo pisali eseje i eseje o ovome. Neka imena sa kvalitetnim materijalom kojih se mogu setiti iz glave su: * Naravno ja * [Gigi](https://dergigi.com/) * [Robert Breedlove](https://breedlove22.medium.com/) * [Saifedean Ammous](https://saifedean.com/) Ako ste radoznali možete ih pratiti. A ovo je sjajno mesto gde možete preuzeti nekoliko odličnih radova: [The Bitcoin Times](https://bitcointimes.io/) I za kraj, ako si Bitkoiner koji ovo čita, nikada nećeš znati da li sam zloban ili samo igram 4D šah. Iskreno, nije ni bitno. Ovo se dešava. Bitkoin osvaja svet. Ekonomski darvinizam je činjenica. Sakupljajte vaše satošije, ponudite maslinovu grančicu, obratite pažnju na njihovu radoznalost ili iskru u njihovom oku kao znak da nastavite. Ukoliko toga nema ili naiđete na odbijanje, ostavite ih da se igraju kao svinje u govnima sa njihovim fiatom, deonicama ili šitkoinima. Biće nam potrebni čistači za naše citadele.

@ 6e0ea5d6:0327f353

Ascolta bene, amico mio. Admiration is always better than mere understanding! Simple understanding in a relationship is an easy, almost automatic gesture. Any woman can understand a man, tolerate his flaws, and accept his presence. But this often stems from pity, convenience, or merely the habit of having someone around. Understanding without admiration is not respect; it is resignation. A woman who only understands but does not admire may stay by your side, but she will never be truly loyal in her heart. And who wants to be merely tolerated out of pity when they could be followed with pride? Admiration, on the other hand, is the pillar that upholds any worthy relationship. It’s not just about liking someone; it’s about recognizing the value in a man's daily battles, not just his victories. A woman who truly admires you takes pride in your strength, respects your struggles, and walks beside you with her head held high. She doesn’t just accept you—she follows you to the end because she sees greatness in what you build and what you represent. Admiration is not just about affection; it’s about looking at the man beside you and feeling deep respect for who he is, what he builds, and what he stands for. Without that, what remains? Tolerance? Indifference? The woman who merely understands accepts your existence, but the one who admires follows you with pride because she sees value in your struggle, your strength, and your legacy. So forget about being “understood” as a priority. Understanding can be a mere transaction, but admiration is the true foundation of any dignified relationship. If your woman does not admire you for what you do, who you are, and what you build, she is either occupying a space she does not deserve, or you are too weak to be admired. Thank you for reading, my friend! If this message resonated with you, consider leaving your "🥃" as a token of appreciation. A toast to our family!

@ 378562cd:a6fc6773

How much better would life be if we could hit a reset button and erase computers from existence? It’s a question worth asking, especially in an age where screens dominate our attention, social interactions have been reduced to text bubbles, and Google searches have replaced critical thinking. Would we be smarter? Would life be simpler? Common sense suggests that without computers constantly thinking for us, we’d have to rely on our own intelligence a whole lot more. **What Year Would We Have to Go Back To?** To escape computers entirely, we’d have to rewind far beyond today’s digital chaos—probably to the early 20th century. While the 1940s and 1950s saw the first massive computers creeping into government and military operations, the average person had little to no interaction with them. The term “computer” wasn’t something you’d hear at the dinner table, in the classroom, or even in most workplaces. It wasn’t until the late 1970s and early 1980s—when personal computers like the Apple II and IBM PC hit the market—that computers began working their way into homes, offices, and eventually, every aspect of daily life. Before then, life was entirely hands-on. People weren’t glued to screens but engaged in the world around them. Finances were managed with checkbooks and mental math, not banking apps. Phone numbers lived in people’s heads, not in a digital contact list. If you needed directions, you either studied a map or asked someone for help. Letters were written by hand, and the act of research meant flipping through encyclopedia pages, not skimming Wikipedia. An algorithm didn’t give you information; it was earned through effort, curiosity, and real-world experience. The transition happened slowly, but once computers became mainstream, they took over with astonishing speed. What started as a tool for business efficiency soon became a crutch for everyday life, shaping how we communicate, learn, and even think. But if we could turn back time to before computers dictated our every move, would we find ourselves living richer, more connected, and perhaps even smarter lives? **How Things Were Done Without Computers** Before computers ran the world, problem-solving required actual thought. If you needed directions, you read a map or asked a local. If you wanted to research something, you visited a library or consulted an expert. People had to remember things because no cloud storage or smartphone reminder buzzed every five minutes. Work was different before computers took over. Office tasks like accounting, inventory management, and record-keeping were done manually, with pens scratching across paper and filing cabinets brimming with carefully organized documents. Sure, it took longer, but there was an attention to detail that software often lacks—errors were caught by sharp human eyes, not overlooked by buggy algorithms or buried in digital spreadsheets. Customer service meant face-to-face interactions or a polite phone call, not endless chatbot loops and automated phone menus that never seem to understand what you need. Shopping wasn’t an online transaction handled by an AI-driven algorithm—it was an experience, where store clerks knew regular customers by name and recommendations were based on conversation, not data tracking. Banking required a visit to a teller who personally handled your deposit, rather than a faceless app approving transactions in milliseconds. Even skilled trades and craftsmanship thrived without automation. Mechanics relied on their knowledge of engines, not diagnostic computers spitting out error codes. Artists and designers used their hands, not digital tablets and AI-generated imagery. Cooking was a learned skill, not a task handed off to a microwave with pre-programmed settings. Farming—one of the last truly hands-on professions—was once guided by intuition, experience, and a deep connection to the land. Farmers studied the sky, felt the moisture in the soil, and trusted generational wisdom and intuition to predict a good harvest. There were no satellite forecasts, automated irrigation systems, or genetically modified shortcuts—just nature's raw, unpredictable rhythm and the skill to work alongside it. Even leisure time was more grounded. Families gathered around a radio for evening entertainment, played board games, read books, or simply sat on the porch and talked. People weren’t glued to screens, endlessly doom-scrolling through bad news and meaningless content—they were present, engaged, and connected in ways that modern life has all but erased. **Would We Be Smarter Without Computers?** The short answer here is "Hell Yes! It’s hard to argue otherwise. The more we outsource thinking to machines, the less we need to use our brains. We no longer need to remember phone numbers, calculate tips in our heads, or even read maps. Schools teach kids how to use software but often fail to emphasize basic skills like handwriting, mental math, or deep reading. Common sense, once the backbone of decision-making, is in short supply. Why? Because computers do too much thinking for us. Instead of analyzing situations logically, people Google an answer and take it as fact. Instead of experiencing life firsthand, we experience it through a filtered, algorithm-driven feed. And instead of developing problem-solving skills, we ask AI to do it for us now. **How Would Life Work Today Without Computers?** If computers vanished overnight, the world would be thrown into chaos—at least initially. Banks would scramble to process transactions, businesses would struggle to function without automated systems, and most people—so dependent on screens for communication, navigation, and even basic problem-solving—would feel completely lost. The silence of a world without notifications, emails, and instant internet access might feel eerie at first. But after the initial shock wore off, something incredible might happen. We’d be forced to slow down, to actually live in the present rather than constantly checking in on a digital one. People would have to interact face-to-face, strengthening real-life relationships instead of shallow online connections. Communities might grow tighter, with neighbors relying on each other instead of distant customer service centers and faceless apps. The lost critical thinking, memorization, and hands-on problem-solving skills would resurface out of necessity. Work would change, too. Without computers dictating every move, businesses would have to rethink their operations. There would be less automation but more craftsmanship, less efficiency but more human intuition. Transactions would be slower but perhaps more intentional. Creativity, once overshadowed by digital shortcuts, would thrive as people relied on their own talents rather than the latest AI-generated solution. Now, picture a world where children race bikes and climb trees instead of being glued to tablets, where conversations happen over dinner tables rather than through screens. Where decisions are made based on wisdom, instinct, and experience, not whatever happens to be trending. Would life be harder? At first, sure. But would it be better? Arguably, yes. Maybe it’s time we step back and ask ourselves: Are computers running our lives, or are they ruining them? The truth is, they’re doing both. They’ve woven themselves into every aspect of our daily existence, dictating how we work, communicate, and even think. They make life more convenient, sure—but at what cost? Over time, as we hand over more control to algorithms, automation, and artificial intelligence, we risk losing the very things that make us human: deep thought, real-world problem-solving, and genuine face-to-face connection. Computers have made us more efficient, but also more dependent. They’ve expanded our access to information, yet dulled our ability to think critically. They connect us instantly across the globe, yet leave us lonelier than ever. The balance is tipping, and if we’re not careful, the very technology designed to serve us may quietly end up ruling us. What are YOUR thoughts? #asknostr

@ 4523be58:ba1facd0

# NIP-117 ## The Double Ratchet Algorithm The Double Ratchet is a key rotation algorithm for secure private messaging. It allows us to 1) communicate on Nostr without revealing metadata (who you are communicating with and when), and 2) keep your message history and future messages safe even if your main Nostr key is compromised. Additionally, it enables disappearing messages that become undecryptable when past message decryption keys are discarded after use. See also: [NIP-118](./118.md): Nostr Double Ratchet Invites ### Overview "Double ratchet" means we use 2 "ratchets": cryptographic functions that can be rotated forward, but not backward: current keys can be used to derive next keys, but not the other way around. Ratchet 1 uses Diffie-Hellman (DH) shared secrets and is rotated each time the other participant acknowledges a new key we have sent along with a previous message. Ratchet 2 generates encryption keys for each message. It rotates after every message, using the previous message's key as input (and the Ratchet 1 key when it rotates). This process ensures forward secrecy for consecutive messages from the same sender in between Ratchet 1 rotations. ## Nostr implementation We implement the Double Ratchet Algorithm on Nostr similarly to Signal's [Double Ratchet with header encryption](https://signal.org/docs/specifications/doubleratchet/#double-ratchet-with-header-encryption), but encrypting the message headers with [NIP-44](./44.md) conversation keys instead of symmetric header keys. Ratchet 1 keys are standard Nostr keys. In addition to encryption, they are also used for publishing and subscribing to messages on Nostr. As they are rotated and not linked to public Nostr identities, metadata privacy is preserved. ## Nostr event format ### Message #### Outer event ```typescript { kind: 1060, content: encryptedInnerEvent, tags: [["header", encryptedHeader]], pubkey: ratchetPublicKey, created_at, id, sig } ``` We subscribe to Double Ratchet events based on author public keys which are ephemeral — not used for other purposes than the Double Ratchet session. We use the regular event kind `1060` to differentiate it from other DM kinds, retrieval of which may be restricted by relays. The encrypted header contains our next nostr public key, our previous sending chain length and the current message number. #### Inner event Inner events must be [NIP-59](https://github.com/nostr-protocol/nips/blob/master/59.md) Rumors (unsigned Nostr events) allowing plausible deniability. With established Nostr event kinds, clients can implement all kinds of features, such as replies, reactions, and encrypted file sharing in private messages. Direct message and encrypted file messages are defined in [NIP-17](https://github.com/nostr-protocol/nips/blob/master/17.md). ## Algorithm Signal's [Double Ratchet with header encryption](https://signal.org/docs/specifications/doubleratchet/#double-ratchet-with-header-encryption) document is a comprehensive description and explanation of the algorithm. In this NIP, the algorithm is only described in code, in order to highlight differences to the Signal implementation. ### External functions We use the following Nostr functions ([NIP-01](https://github.com/nostr-protocol/nips/blob/master/01.md)): - `generateSecretKey()` for creating Nostr private keys - `finalizeEvent(partialEvent, secretKey)` for creating valid Nostr events with pubkey, id and signature We use [NIP-44](https://github.com/nostr-protocol/nips/blob/master/44.md) functions for encryption: - `nip44.encrypt` - `nip44.decrypt` - `nip44.getConversationKey` [NIP-59](https://github.com/nostr-protocol/nips/blob/master/59.md): - createRumor Key derivation function: ```typescript export function kdf( input1: Uint8Array, input2: Uint8Array = new Uint8Array(32), numOutputs: number = 1 ): Uint8Array[] { const prk = hkdf_extract(sha256, input1, input2); const outputs: Uint8Array[] = []; for (let i = 1; i <= numOutputs; i++) { outputs.push(hkdf_expand(sha256, prk, new Uint8Array([i]), 32)); } return outputs; } ``` ### Session state With this information you can start or continue a Double Ratchet session. Save it locally after each sent and received message. ```typescript interface SessionState { theirCurrentNostrPublicKey?: string; theirNextNostrPublicKey: string; ourCurrentNostrKey?: KeyPair; ourNextNostrKey: KeyPair; rootKey: Uint8Array; receivingChainKey?: Uint8Array; sendingChainKey?: Uint8Array; sendingChainMessageNumber: number; receivingChainMessageNumber: number; previousSendingChainMessageCount: number; // Cache of message & header keys for handling out-of-order messages // Indexed by Nostr public key, which you can use to resubscribe to unreceived messages skippedKeys: { [pubKey: string]: { headerKeys: Uint8Array[]; messageKeys: { [msgIndex: number]: Uint8Array }; }; }; } ``` ### Initialization Alice is the chat initiator and Bob is the recipient. Ephemeral keys were exchanged earlier. ```typescript static initAlice( theirEphemeralPublicKey: string, ourEphemeralNostrKey: KeyPair, sharedSecret: Uint8Array ) { // Generate ephemeral key for the next ratchet step const ourNextNostrKey = generateSecretKey(); // Use ephemeral ECDH to derive rootKey and sendingChainKey const [rootKey, sendingChainKey] = kdf( sharedSecret, nip44.getConversationKey(ourEphemeralNostrKey.private, theirEphemeralPublicKey), 2 ); return { rootKey, theirNextNostrPublicKey: theirEphemeralPublicKey, ourCurrentNostrKey: ourEphemeralNostrKey, ourNextNostrKey, receivingChainKey: undefined, sendingChainKey, sendingChainMessageNumber: 0, receivingChainMessageNumber: 0, previousSendingChainMessageCount: 0, skippedKeys: {}, }; } static initBob( theirEphemeralPublicKey: string, ourEphemeralNostrKey: KeyPair, sharedSecret: Uint8Array ) { return { rootKey: sharedSecret, theirNextNostrPublicKey: theirEphemeralPublicKey, // Bob has no ‘current’ key at init time — Alice will send to next and trigger a ratchet step ourCurrentNostrKey: undefined, ourNextNostrKey: ourEphemeralNostrKey, receivingChainKey: undefined, sendingChainKey: undefined, sendingChainMessageNumber: 0, receivingChainMessageNumber: 0, previousSendingChainMessageCount: 0, skippedKeys: {}, }; } ``` ### Sending messages ```typescript sendEvent(event: Partial<UnsignedEvent>) { const innerEvent = nip59.createRumor(event) const [header, encryptedData] = this.ratchetEncrypt(JSON.stringify(innerEvent)); const conversationKey = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, this.state.theirNextNostrPublicKey); const encryptedHeader = nip44.encrypt(JSON.stringify(header), conversationKey); const outerEvent = finalizeEvent({ content: encryptedData, kind: MESSAGE_EVENT_KIND, tags: [["header", encryptedHeader]], created_at: Math.floor(now / 1000) }, this.state.ourCurrentNostrKey.privateKey); // Publish outerEvent on Nostr, store inner locally if needed return {outerEvent, innerEvent}; } ratchetEncrypt(plaintext: string): [Header, string] { // Rotate sending chain key const [newSendingChainKey, messageKey] = kdf(this.state.sendingChainKey!, new Uint8Array([1]), 2); this.state.sendingChainKey = newSendingChainKey; const header: Header = { number: this.state.sendingChainMessageNumber++, nextPublicKey: this.state.ourNextNostrKey.publicKey, previousChainLength: this.state.previousSendingChainMessageCount }; return [header, nip44.encrypt(plaintext, messageKey)]; } ``` ### Receiving messages ```typescript handleNostrEvent(e: NostrEvent) { const [header, shouldRatchet, isSkipped] = this.decryptHeader(e); if (!isSkipped) { if (this.state.theirNextNostrPublicKey !== header.nextPublicKey) { // Received a new key from them this.state.theirCurrentNostrPublicKey = this.state.theirNextNostrPublicKey; this.state.theirNextNostrPublicKey = header.nextPublicKey; this.updateNostrSubscriptions() } if (shouldRatchet) { this.skipMessageKeys(header.previousChainLength, e.pubkey); this.ratchetStep(header.nextPublicKey); } } decryptHeader(event: any): [Header, boolean, boolean] { const encryptedHeader = event.tags[0][1]; if (this.state.ourCurrentNostrKey) { const conversationKey = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, event.pubkey); try { const header = JSON.parse(nip44.decrypt(encryptedHeader, conversationKey)) as Header; return [header, false, false]; } catch (error) { // Decryption with currentSecret failed, try with nextSecret } } const nextConversationKey = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, event.pubkey); try { const header = JSON.parse(nip44.decrypt(encryptedHeader, nextConversationKey)) as Header; return [header, true, false]; } catch (error) { // Decryption with nextSecret also failed } const skippedKeys = this.state.skippedKeys[event.pubkey]; if (skippedKeys?.headerKeys) { // Try skipped header keys for (const key of skippedKeys.headerKeys) { try { const header = JSON.parse(nip44.decrypt(encryptedHeader, key)) as Header; return [header, false, true]; } catch (error) { // Decryption failed, try next secret } } } throw new Error("Failed to decrypt header with current and skipped header keys"); } ratchetDecrypt(header: Header, ciphertext: string, nostrSender: string): string { const plaintext = this.trySkippedMessageKeys(header, ciphertext, nostrSender); if (plaintext) return plaintext; this.skipMessageKeys(header.number, nostrSender); // Rotate receiving key const [newReceivingChainKey, messageKey] = kdf(this.state.receivingChainKey!, new Uint8Array([1]), 2); this.state.receivingChainKey = newReceivingChainKey; this.state.receivingChainMessageNumber++; return nip44.decrypt(ciphertext, messageKey); } ratchetStep(theirNextNostrPublicKey: string) { this.state.previousSendingChainMessageCount = this.state.sendingChainMessageNumber; this.state.sendingChainMessageNumber = 0; this.state.receivingChainMessageNumber = 0; this.state.theirNextNostrPublicKey = theirNextNostrPublicKey; // 1st step yields the new conversation key they used const conversationKey1 = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, this.state.theirNextNostrPublicKey!); // and our corresponding receiving chain key const [theirRootKey, receivingChainKey] = kdf(this.state.rootKey, conversationKey1, 2); this.state.receivingChainKey = receivingChainKey; // Rotate our Nostr key this.state.ourCurrentNostrKey = this.state.ourNextNostrKey; const ourNextSecretKey = generateSecretKey(); this.state.ourNextNostrKey = { publicKey: getPublicKey(ourNextSecretKey), privateKey: ourNextSecretKey }; // 2nd step yields the new conversation key we'll use const conversationKey2 = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, this.state.theirNextNostrPublicKey!); // And our corresponding sending chain key const [rootKey, sendingChainKey] = kdf(theirRootKey, conversationKey2, 2); this.state.rootKey = rootKey; this.state.sendingChainKey = sendingChainKey; } skipMessageKeys(until: number, nostrSender: string) { if (this.state.receivingChainMessageNumber + MAX_SKIP < until) { throw new Error("Too many skipped messages"); } if (!this.state.skippedKeys[nostrSender]) { this.state.skippedKeys[nostrSender] = { headerKeys: [], messageKeys: {} }; if (this.state.ourCurrentNostrKey) { const currentSecret = nip44.getConversationKey(this.state.ourCurrentNostrKey.privateKey, nostrSender); this.state.skippedKeys[nostrSender].headerKeys.push(currentSecret); } const nextSecret = nip44.getConversationKey(this.state.ourNextNostrKey.privateKey, nostrSender); this.state.skippedKeys[nostrSender].headerKeys.push(nextSecret); } while (this.state.receivingChainMessageNumber < until) { const [newReceivingChainKey, messageKey] = kdf(this.state.receivingChainKey!, new Uint8Array([1]), 2); this.state.receivingChainKey = newReceivingChainKey; this.state.skippedKeys[nostrSender].messageKeys[this.state.receivingChainMessageNumber] = messageKey; this.state.receivingChainMessageNumber++; } } trySkippedMessageKeys(header: Header, ciphertext: string, nostrSender: string): string | null { const skippedKeys = this.state.skippedKeys[nostrSender]; if (!skippedKeys) return null; const messageKey = skippedKeys.messageKeys[header.number]; if (!messageKey) return null; delete skippedKeys.messageKeys[header.number]; if (Object.keys(skippedKeys.messageKeys).length === 0) { delete this.state.skippedKeys[nostrSender]; } return nip44.decrypt(ciphertext, messageKey); } ```

@ ef1744f8:96fbc3fe

pjqOtnFN4cMViySAX3uSp8iJkzNxvxh0mdpvsvdyG+ccoULXl2QipPpGRM63+VRUwQwiCSzXRRLafEF/rYTQ8ew6o/xrjI4Yimz5dOzA7q5nnni46Q9s5E5IAxSnq1bc5bJ8gG00K/9BU6nudcc1r7iQpvWe/5vtDaMtknfPlc5J3ZDkVGRokJA1J6N+TCi0?iv=5kSDHmcj2vjLIwBz0vw1Bw==

@ c9f48a56:234112d2

**" The Power of Buying $2.50 of Bitcoin Every Day: A Deep Dive into Small-Scale Crypto Investing "**  **Imagine this:** every day, you set aside $2.50—the price of a cheap coffee or a quick snack—and use it to buy Bitcoin. It doesn’t sound like much, right? But over time, this tiny habit could turn into something surprisingly meaningful. Let’s break down what happens when you buy $2.50 worth of Bitcoin daily, with its price sitting at $85,000 today, February 27, 2025. Spoiler: it’s less about getting rich quick and more about playing the long game with a volatile asset. **The Basics: What $2.50 Gets You Today** Bitcoin operates on a micro level through satoshis—think of them as the pennies of the Bitcoin world. One Bitcoin equals 100 million satoshis. At $85,000 per Bitcoin, each satoshi costs $0.00085 ($85,000 ÷ 100,000,000). So, with your daily $2.50: - $2.50 ÷ $0.00085 = ~2,941 satoshis. - That’s 0.00002941 Bitcoin per day. It’s a sliver of a coin—barely a whisper in the crypto universe. But that’s the beauty of it: you’re not swinging for the fences; you’re stacking crumbs into a pile.  **Scaling It Up: Monthly and Yearly Gains** Let’s stretch this out. Over 30 days, you’re spending $75 ($2.50 × 30). That nets you: - 2,941 satoshis × 30 = 88,230 satoshis, or 0.0008823 Bitcoin. Over a full year (365 days), it’s $912.50 spent and: - 2,941 satoshis × 365 = 1,073,465 satoshis, or 0.01073465 Bitcoin. At today’s $85,000 price, that year’s worth of Bitcoin is valued at $912.50—exactly what you put in. No profit, no loss. But Bitcoin doesn’t just sit there. It’s a rollercoaster, and your daily buys are a way to ride it without losing your lunch.  **The Dollar-Cost Averaging Magic** This method is a textbook example of dollar-cost averaging (DCA). Instead of dumping a lump sum into Bitcoin and praying the price moons, you spread your buys across time. When Bitcoin dips, your $2.50 grabs more satoshis. When it spikes, you get less. Over months or years, this evens out the wild swings. Say Bitcoin drops to $50,000 tomorrow. Your $2.50 would buy 5,000 satoshis ($2.50 ÷ $0.0005). If it surges to $100,000, you’d get 2,500 satoshis ($2.50 ÷ $0.001). The average price you pay ends up somewhere in the middle, protecting you from buying all-in at a peak. **What Could Happen? The Scenarios** Here’s where it gets fun (or nerve-wracking, depending on your vibe). After a year of $2.50 daily buys, you’ve got 0.01073465 Bitcoin. Let’s play out some futures: - **Bitcoin hits $100,000:** Your stash is worth $1,073.47. You’ve spent $912.50, so that’s a $160.97 profit—about 17.6% return. Not bad for pocket change. - **Bitcoin climbs to $150,000:** Now it’s $1,610.20—a $697.70 gain, or 76.5%. Starting to feel like a sneaky good move. - **Bitcoin falls to $50,000:** Your pile’s worth $536.73. You’re down $375.77, or 41%. Ouch, but you’re still in the game with minimal damage. - **Bitcoin crashes to $20,000:** It’s $214.69—a $697.81 loss, 76.5% down. Rough, but $912.50 over a year isn’t a life-ruining bet. The point? This isn’t about timing the market perfectly—it’s about staying consistent and letting Bitcoin’s long-term trajectory (if you believe in it) do the heavy lifting. **The Real World: Fees and Friction** One catch: exchanges aren’t free. Most platforms charge a fee—maybe 1-2% per trade, or a flat rate like $0.10. On a $2.50 buy, that’s brutal. A 2% fee is $0.05, leaving you $2.45 to spend (2,882 satoshis instead of 2,941). A $0.10 flat fee? You’re down to $2.40 (2,823 satoshis). Over a year, fees could shave off 50,000+ satoshis from your total. Look for low-fee options or batch your buys weekly to dodge this trap. **Why $2.50? The Psychology and Practicality** Why not $5 or $10? Simple: $2.50 is so small you barely notice it. It’s a pack of gum, a vending machine soda, a tip you’d leave without blinking. Psychologically, it’s easy to stick with. Practically, it keeps your risk tiny while still giving you skin in the crypto game. If Bitcoin goes to zero, you’re out $912.50 after a year—annoying, but not catastrophic. If it 10xes, you’ve got a nice little win. **How to Start** The best way to kick this off is by mining with Ember Fund—it’s how I stack up to 100 satoshis per hour and fund my $2.50 daily buys without spending a dime upfront. Ember’s app lets us earn free satoshis just by tapping a button daily to start a 24-hour mining cycle. You begin at a base rate of 13 satoshis per hour, which is 312 satoshis daily ($0.27 at $85,000 Bitcoin), but with referrals, it scales fast—each friend adds 10-13 satoshis per hour when they mine with you ( You Create Your Own Mining Pool ) capping at 100 satoshis per hour. At the max, that’s 2,400 satoshis daily, or about $2.04—nearly our $2.50 target. Team up with a few friends or better yet family members, sync your mining, and you’re golden. Withdraw to a wallet or reinvest into your daily Bitcoin buys through Ember. It’s a near-passive way to fuel this strategy for free. Other options like buying directly on exchanges (Coinbase, Binance, Kraken) with recurring $2.50 purchases work too, but they dip into your pocket and come with fees. Ember’s mining trumps that by letting us earn our way in. Track your satoshis, not dollars; it’s more satisfying to see the stack grow.  **The Big Picture: Is It Worth It?** This depends on you. If you’re a Bitcoin skeptic, $2.50 daily might feel like tossing coins into a wishing well. If you’re a believer—say you think it’ll hit $200,000 in five years—it’s a low-effort way to build a position. Historically, Bitcoin’s climbed from pennies to $85,000 over 15 years, but past performance isn’t a promise. Zoom out: $912.50 is 0.01073465 Bitcoin today. At $200,000, that’s $2,146.93. At $1 million? $10,734.65. Small seeds, big dreams. **Final Thought** Buying $2.50 of Bitcoin daily isn’t a get-rich-quick scheme—it’s a slow drip into a wild market. You’re not betting the farm; you’re nibbling at the edges. Whether it’s genius or a waste depends on Bitcoin’s future, and nobody’s got a crystal ball. But for less than a Netflix subscription each month, you’re in the ring. What’s $2.50 to you?

@ 6389be64:ef439d32

GA, plebs. The latest episode of Bitcoin And is out, and, as always, the chicanery is running rampant. Let’s break down the biggest topics I covered, and if you want the full, unfiltered rant, make sure to listen to the episode linked below. ## House Democrats’ MEME Act: A Bad Joke? House Democrats are proposing a bill to ban presidential meme coins, clearly aimed at Trump’s and Melania’s ill-advised token launches. While grifters launching meme coins is bad, this bill is just as ridiculous. If this legislation moves forward, expect a retaliatory strike exposing how politicians like Pelosi and Warren mysteriously amassed their fortunes. Will it pass? Doubtful. But it’s another sign of the government’s obsession with regulating everything except itself. ## Senate Banking’s First Digital Asset Hearing: The Real Target Is You Cynthia Lummis chaired the first digital asset hearing, and—surprise!—it was all about control. The discussion centered on stablecoins, AML, and KYC regulations, with witnesses suggesting Orwellian measures like freezing stablecoin transactions unless pre-approved by authorities. What was barely mentioned? Bitcoin. They want full oversight of stablecoins, which is really about controlling financial freedom. Expect more nonsense targeting self-custody wallets under the guise of stopping “bad actors.” ## Bank of America and PayPal Want In on Stablecoins Bank of America’s CEO openly stated they’ll launch a stablecoin as soon as regulation allows. Meanwhile, PayPal’s CEO paid for a hat using Bitcoin—not their own stablecoin, Pi USD. Why wouldn’t he use his own product? Maybe he knows stablecoins aren’t what they’re hyped up to be. Either way, the legacy financial system is gearing up to flood the market with stablecoins, not because they love crypto, but because it’s a tool to extend U.S. dollar dominance. ## MetaPlanet Buys the Dip Japan’s MetaPlanet issued $13.4M in bonds to buy more Bitcoin, proving once again that institutions see the writing on the wall. Unlike U.S. regulators who obsess over stablecoins, some companies are actually stacking sats. ## UK Expands Crypto Seizure Powers Across the pond, the UK government is pushing legislation to make it easier to seize and destroy crypto linked to criminal activity. While they frame it as going after the bad guys, it’s another move toward centralized control and financial surveillance. ## Bitcoin Tools & Tech: Arc, SatoChip, and Nunchuk Some bullish Bitcoin developments: ARC v0.5 is making Bitcoin’s second layer more efficient, SatoChip now supports Taproot and Nostr, and Nunchuk launched a group wallet with chat, making multisig collaboration easier. ## The Bottom Line The state is coming for financial privacy and control, and stablecoins are their weapon of choice. Bitcoiners need to stay focused, keep their coins in self-custody, and build out parallel systems. Expect more regulatory attacks, but don’t let them distract you—just keep stacking and transacting in ways they can’t control. **🎧 Listen to the full episode here: [https://fountain.fm/episode/PYITCo18AJnsEkKLz2Ks](Fountain.fm)** **💰 Support the show by boosting sats on Podcasting 2.0!** and I will see you on the other side.

@ 2ed3596e:98b4cc78

## Pay anyone in Canada with bitcoin! One step closer to replacing your bank with Bitcoin Well Everyone who accepts e-Transfers, now accepts bitcoin! Canadians with a Bitcoin Well account can send money to anyone via e-Transfer using their bitcoin in self custody. Typical transactions, like rent payments, paying friends back for dinner, paying your cleaning lady or even to pay for that new (to you) boom box on Facebook marketplace, can now be paid quickly, securely and cheaper with your Bitcoin Well account. And best of all, it’s all done with bitcoin in self custody. Keep reading to learn more! ## How to send an e-Transfer to anyone in Canada using bitcoin: From the sell page in your Bitcoin Well account you can select the network (Bitcoin or Lightning Network) and how many dollars you’d like to send via e-Transfer. For more information on the [Lightning Network click here.](https://bitcoinwell.com/blog/how-to-sell-bitcoin-on-the-lightning-network-in-canada) Next you will see a new dropdown where you can choose the recipient for the e-Transfer. It will be the email on your Bitcoin Well account by default. <img src="https://blossom.primal.net/47b721b22f9df5d38e2edb02dfe0c41adab90442a9e55158bb815980b596d4ec.png"> To add a new recipient, select the drop down and “Add recipient”. Here you will be asked to provide the recipient’s name, email and the security question/answer you’d like to provide for the e-Transfer. <img src="https://blossom.primal.net/a63580e9b8a314cedf04105e168f74d7ea279a281a867479e511833003cf2b28.png"> You’ll be responsible for telling them the security question and answer, so don’t forget! <img src="https://blossom.primal.net/8c7fb8b06aa1a2e991f5f94a005b6c1f0d6b8cb78c2966dc917b98ca3491af7c.png"> You can also invite your recipient to [join Bitcoin Well with your ref link!](https://app.bitcoinwell.com/referrals) You’ll earn Bitcoin Well points and sats when they use Bitcoin Well! ## If you chose the Bitcoin network: With all your information entered, you will be able to send bitcoin to the bitcoin address on screen and an e-Transfer will be sent to your recipient after 1 confirmation. Note! This bitcoin address is permanently associated with your recipient. Any and all bitcoin received by this bitcoin address will be automatically converted into dollars and sent to your recipient; even if you do not login to your Bitcoin Well account! <img src="https://blossom.primal.net/046ee31cd2098a027254cef95a1a380f7423705b4dcced6485d64e3dfda4c386.png"> ## If you chose the Lightning Network: Select “Generate Invoice” to generate an LN-invoice which will be associated with your transaction. Once that invoice is paid an e-Transfer will be immediately sent to your desired recipient. Of course, you can still send sats to your Bitcoin Well Payment Address any time to receive an e-Transfer yourself. <img src="https://blossom.primal.net/afa78ce53beac2f6172119cc18601ea9f26beae6e65502e304b88fa122080fc2.png"> ## Banks out; Bitcoin Standard in Bitcoin Well arms its customers with the knowledge and tools to fully live on a Bitcoin Standard and maximize their independence by keeping bitcoin in self custody instead of dollars in their bank. Bitcoin Well now enables the same instant and fast transfer capabilities as a bank, but facilitated with bitcoin in self custody! Replace your bank with Bitcoin Well! ## Earn sats from your bitcoin transactions Bitcoin Well is also the best place in the world to earn bitcoin. When you earn points in your Bitcoin Well account, you gain the opportunity to play the Bitcoin (Wishing) Well, where you win sats with every play. The best part? We send bitcoin that you win straight to your personal wallet via the Lightning Network. Oh yeah, did we mention you can win 1,000,000 sats? If you're an active Bitcoin Well customer, there is a chance you've earned a pile of points. The more you use your account for buying, selling or spending bitcoin - the more points you’ll earn! Log in to your Bitcoin Well account and [check your point balance](https://app.bitcoinwell.com/reward-points). ## About Bitcoin Well Bitcoin Well exists to enable independence. We do this by coupling the convenience of modern banking, with the benefits of bitcoin. In other words, we want to make it easy to use bitcoin in self-custody.

@ f1989a96:bcaaf2c1

Good morning, readers! In Nigeria, financial officials are revising digital asset regulations to impose taxes on digital asset transactions on regulated exchanges. This aims to bolster state revenue as more citizens turn to Bitcoin in response to rampant inflation, the naira’s devaluation, and the regime's ever-increasing financial controls. Meanwhile, in Cuba, thousands of citizens remain unable to access money the regime forced them to convert into Certificates of Deposit (CDs) in 2021. These funds have not been returned by the Communist Party of Cuba. If they eventually are, they will be paid out in since-hyperinflated Cuban pesos, a reality that stands in stark contrast to regime propaganda that it is working “for the people.” In open-source freedom tech news, we feature NostrPIX, an experimental tool built during the bitcoin++ developer hackathon in Florianopolis, Brazil. It allows anyone in Brazil to pay any merchant or individual with Bitcoin over the Lightning Network. While it is still in its early stages of development, this stands to enable Bitcoin payments at nearly every merchant in Brazil, similar to how apps like Tando enable Bitcoin payments across Kenya.\ \ We end with the official livestreams of the HRF-supported bitcoin++ developer conference in Florianopolis, Brazil, that brought together open-source developers and freedom tech enthusiasts for four days of technical gatherings to enhance Bitcoin’s privacy, usability, and censorship resistance. These livestreams offer a unique chance to view and understand the presentations and workshops at the event. **Now, let’s jump right in!** ### [**Subscribe Here**](https://mailchi.mp/hrf.org/financial-freedom-newsletter?mc_cid=bf652c0a5a) ## **GLOBAL NEWS** #### **Nigeria | Introducing Digital Asset Transaction Tax to Boost State Revenue** Nigerian officials plan to [amend](https://archive.ph/fTRMl) their digital asset regulations to tax digital asset transactions in a coercive effort to boost the regime’s dwindling revenues. The Nigerian Securities and Exchange Commission (SEC) is reviewing a new framework to tax transactions on regulated exchanges, allowing the regime to extract even more value from the growing digital asset sector. Nigerians, especially the [younger population](https://www.forbes.com/sites/digital-assets/2024/01/08/central-bank-of-nigeria-approves-naira-stablecoin-for-2024-launch/), increasingly have turned to Bitcoin and stablecoins to escape high inflation, a devalued naira, and an authoritarian regime that repeatedly undermines financial autonomy and human rights. The new tax could hinder the efficiency of tools like Bitcoin by making transactions more expensive. But enforcing this tax beyond regulated platforms presents a challenge. Bitcoin held in self-custody and transacted peer-to-peer remains largely outside the reach of authoritarian states. #### **Cuba | Citizens Remain Locked Out of Devalued Funds** Thousands of Cubans remain [locked out](https://havanatimes.org/features/cuban-savers-lose-on-devalued-bank-deposit-certificates/) of their savings after the regime forced them to convert Cuban Convertible Peso (CUC) deposits into Certificates of Deposit (CDs) in 2021. This policy was part of the “Tarea Ordenamiento” economic reforms, which eliminated the CUC, a convertible currency previously pegged to the US dollar. For years, Cubans who received foreign currency — whether through work abroad or remittances — were required to exchange it for CUCs, expecting they could later redeem those CUCs for dollars or other foreign currencies. But when the regime eliminated the CUC in 2021, it forced depositors to either accept a heavily [devalued](https://havanatimes.org/features/cuban-savers-lose-on-devalued-bank-deposit-certificates/) exchange rate for Cuban pesos (far worse than the advertised 24-1 ratio) or convert their money into Certificates of Deposit (CDs), with the promise of returning the equivalent value in foreign currency once liquidity allowed. Unbeknownst to Cubans, the CDs paid a negligible 0.15% interest and had no clear timeline for repayment. Today, many depositors still can’t access their money. #### **Google | Facilitating Censorship in Russia and China** Google is actively [assisting](https://www.theguardian.com/world/2025/feb/15/google-helped-facilitate-russia-china-censorship-requests) authoritarian regimes like China and Russia to censor dissent, removing online content critical of the Kremlin and Chinese Communist Party. In Russia, Google complied with government requests to erase YouTube videos opposing the war in Ukraine, while in China, it removed references to the Tiananmen Square massacre and pro-democracy activism. With more than [70% of Russians](https://www.theguardian.com/world/2025/feb/15/google-helped-facilitate-russia-china-censorship-requests) relying on YouTube for news and China’s Great Firewall blocking independent sources, corporate compliance with state censorship enables state propaganda to proliferate as a dominant narrative. For activists and nonprofits seeking uncensorable communications, nostr — an open and decentralized protocol — offers a way to share information beyond the reach of authoritarian regimes. Activists and NGOs can get started [here](https://start.njump.me/). #### **World | Transnational Repression Most Common Under CBDC-Leading Countries** New data from [Freedom House](https://freedomhouse.org/expanding-and-defending-freedom-around-world) reveals that [23 governments](https://freedomhouse.org/article/new-data-mass-incidents-mark-dramatic-year-transnational-repression-23-governments-silence) engaged in transnational repression in 2024, using abductions, assassinations, and forced deportations to silence exiled dissidents. Leading perpetrators include the authoritarian regimes of China, Russia, Iran, and Turkey — orchestrating over [1,200](https://freedomhouse.org/article/new-data-mass-incidents-mark-dramatic-year-transnational-repression-23-governments-silence) incidents in the past decade. Notably, many of these regimes are at the forefront of central bank digital currency (CBDC) development, a technology that drastically increases state control over financial activity. By allowing governments to surveil, freeze, and block funds in real time, CBDCs strip activists of financial privacy and force them into greater vulnerability. As authoritarian states refine both digital and physical methods of repression, CBDCs may become a powerful weapon for crushing dissent beyond borders. #### **Niger | Delays Democratic Elections While Citizens Financially Struggle** Niger’s deteriorating economic conditions are set to continue as the ruling military junta has [proposed](https://archive.ph/zd4QS) delaying democratic elections until at least 2030 to contain a “security threat.” Army commander Abdourahamane Tchiani, who came to power in a 2023 coup, originally pledged a three-year transition to civilian rule. Now, that timeline appears extended to five years, allowing “the junta to restore security and regain control of territory captured by Islamist militants that have expanded their insurgency in recent months.” With inflation [eroding](https://business.inquirer.net/501713/inflation-forces-nigeriens-to-adapt-what-they-eat) Nigerien’s purchasing power and the general economic well-being of citizens [declining](https://africacenter.org/spotlight/niger-coup-reversing-hard-earned-gains/), Niger can’t afford more military rule. This could be a pretext for Tchiani to consolidate power, especially as [discussions](https://archive.ph/zd4QS) emerge about dissolving political parties and granting him the rank of general. \________________________________________________________\_ #### **Webinar Series for Nonprofits: Become Unstoppable** HRF will host a [free, three-day webinar](https://docs.google.com/forms/d/e/1FAIpQLSf0sjqwSFQo8HGMsWIIDRyhx34TsoonOSTfYoWSy-aaBbLeSw/viewform) from March 17-19, teaching human rights defenders and nonprofits how to use Bitcoin to counter state censorship and confiscation. Sessions run daily from 10:30 a.m. to 12:00 p.m. EDT and are beginner-friendly. The webinar will be led by Anna Chekhovich, HRF’s Bitcoin nonprofit adoption lead and financial manager at Alexei Navalny’s Anti-Corruption Foundation, and co-taught by the prominent Bitcoin educator Ben Perrin. [Register for webinar](https://docs.google.com/forms/d/e/1FAIpQLSf0sjqwSFQo8HGMsWIIDRyhx34TsoonOSTfYoWSy-aaBbLeSw/viewform) #### **SXSW | The Human Rights Risks of Central Bank Digital Currencies (CBDCs)** Join HRF at [SXSW 2025](https://www.sxsw.com/) in Austin from March 7-13 to explore how CBDCs threaten financial freedom. Experts [Roger Huang](https://x.com/Rogerh1991), [Charlene Fadirepo](https://x.com/CharFadirepo), and [Nick Anthony](https://x.com/EconWithNick) will discuss how authoritarian regimes use CBDCs for surveillance and control. Attendees can also visit HRF’s [CBDC Tracker](https://cbdctracker.hrf.org/) booth to explore an interactive map of CBDC developments worldwide.  [Get your tickets](https://www.sxsw.com/conference/) \________________________________________________________\_ ## BITCOIN AND FREEDOM TECH NEWS #### **NostrPIX | Enabling Bitcoin Payments in Brazil** [NostrPIX](https://github.com/gringokiwi/nostrpix-api) is a new tool built just a few days ago during the bitcoin++ hackathon in Florianopolis, Brazil, that lets users pay any merchant or individual in Brazil with Bitcoin over the Lightning Network. To use NostrPIX, users scan a Pix QR code (the country’s widely used digital payment system) and pay with bitcoin from their Lightning wallet. Designed with the unbanked in mind, NostrPIX lets those who cannot open a Brazilian bank account to transact with Bitcoin and Pix (no sign-ups required, just instant payments). Its innovative approach [won](https://x.com/gringokiwi/status/1893375343118967063?s=19) the bitcoin++ hackathon, showcasing its potential to bridge Bitcoin with traditional systems. While still a proof of concept, NostrPIX joins projects like [Tando](https://tando.me/) in Kenya, making Bitcoin more practical for everyday commerce and could inspire similar products elsewhere in countries facing political oppression. #### **Iris | Implements Double Ratchet Messaging for Better Privacy** [Iris](https://iris.cx/), a client for Nostr launched by Martti Malmi, implemented [double ratchet](https://signal.org/docs/specifications/doubleratchet/) messaging, an encryption algorithm similar to that used by Signal, significantly improving private communications for activists and human rights defenders. This ensures message metadata remains hidden, and with its implementation, past and future conversations on Iris stay private even if a user’s main Nostr private key is compromised. This upgrade empowers individuals in difficult political environments to communicate without fear of surveillance by reducing the risks of authoritarian regimes tracking their conversations. HRF is proud to have helped support Malmi as he invented and launched this innovation. #### **Presidio Bitcoin | New Bitcoin Co-Working and Events Space in Bay Area** [Presidio Bitcoin](https://www.presidiobitcoin.org/) is the Bay Area’s first dedicated co-working and events space. Located in San Francisco’s famous Presidio neighborhood, it will be a collaborative space for developers, educators, and freedom tech enthusiasts to connect, work, and innovate together to drive Bitcoin adoption forward. It draws inspiration from other Bitcoin hubs worldwide, like [Bitcoin Park](https://bitcoinpark.com/) in Nashville, Tenn., [Bitcoin House Bali](https://bitcoinindonesia.xyz/) in Indonesia, and [Bitcoin Ekasi](https://x.com/BitcoinEkasi) in South Africa. This time, aiming to create a community of Bitcoiners in the tech capital of the US. Presidio Bitcoin hopes to foster new talent and secure greater funding from Silicon Valley, becoming a central meeting point for those passionate about Bitcoin and freedom. HRF Freedom Fellows were able to visit the space recently, and HRF staff will be speaking at upcoming events at the venue in the near future. Check the space out [here](https://www.presidiobitcoin.org/). #### **Cashu | Releases Cashu Development Kit** [Cashu](https://cashu.me/), an open-source Chaumian ecash protocol for Bitcoin integrated with the Lightning Network, [released](https://x.com/CashuBTC/status/1889321095125258313?s=19) the [Cashu Development Kit](https://github.com/cashubtc/cdk) (CDK) in Rust (a common programming language). This makes it easier for developers to build and integrate Cashu wallets, expanding access to private Bitcoin transactions. With Cashu, users can spend Bitcoin-backed ecash without revealing their identity or transaction history. This enables private, cheap, and fast transactions with the tradeoff of being custodial. As digital financial surveillance increases, ecash offers an alternative to remain private. The CDK release expands the reach of said private Bitcoin transactions, providing more safety and anonymity for dissidents. #### **RoboSats | Adds LNp2pBot Orders on Android App** [RoboSats](https://github.com/RoboSats/robosats), a privacy-focused peer-to-peer (P2P) Bitcoin exchange powered by the Lightning Network, [added](https://github.com/RoboSats/robosats/releases/tag/v0.7.4-alpha) support for [LNp2pBot](https://lnp2pbot.com/) orders in its Android app. Previously, users used Telegram to interact with LNp2pBot for P2P bitcoin trades. Now, they can access P2P orders directly from the RoboSats Android app. This integration enhances usability by reducing platform dependency and provides users with greater liquidity for P2P trades. HRF is pleased to see the continued development and interoperability of privacy-focused, self-custodial Bitcoin on and off ramps from this [Bitcoin Development Fund](https://hrf.org/program/financial-freedom/bitcoin-development-fund/) grantee. #### **Bitcoin Dada | Visits Bitcoin Mining Site for Hands-On Learning** Bitcoin Dada, an HRF-supported nonprofit empowering African women with financial literacy and Bitcoin education, recently took its students on a [trip](https://x.com/btc_dada/status/1891495542078726163) to a Bitcoin mining site operated by [Gridless](https://gridlesscompute.com/) in Kibwezi, Kenya. This visit provided students firsthand exposure to Bitcoin mining’s potential for driving economic growth and expanding electricity access in rural African communities while simultaneously helping decentralize the network. The site repurposes sisal waste (the waste from fiber production) to generate electricity, reduce blackouts, and provide power to homes in Kibwezi. As more and more off-grid sites like this come online, Bitcoin’s mining composition becomes less centralized and stronger against threats from authoritarian states. ## RECOMMENDED CONTENT #### **bitcoin++ Developer Conference Livestream** Last week, [bitcoin++](https://btcplusplus.dev/) hosted the  “hacking edition” developer conference in Florianopolis, Brazil. The event brought together Bitcoin developers and freedom tech enthusiasts for four days of hands-on development, workshops, and technical discussions to enhance Bitcoin’s privacy, accessibility, and censorship resistance. If you missed the event, you can catch the key sessions and workshops via live stream. Watch them [here](https://www.youtube.com/@btcplusplus/streams). #### **Nostr: The Importance of Censorship-Resistant Communication for Innovation and Human Progress** In [this](https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress-) article for [Bitcoin Magazine](http://bitcoinmagazine.com), [Leon Wankum](https://x.com/leonwankum) highlights why Nostr, a censorship-resistant protocol, is key to unlocking innovation and free expression. He explains how Nostr enables decentralized content sharing using cryptographic keys and relays, preventing central control of the protocol. This approach ensures that no single entity controls the flow of information, thereby enhancing freedom of expression. Alongside Bitcoin, Nostr has the potential to break corporate and state monopolies, allowing for grassroots progress and innovation on the individual level. You can read the full article [here](https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress-). *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).*\ *Want to contribute to the newsletter? Submit tips, stories, news, and ideas by emailing us at ffreport @ [hrf.org](http://hrf.org/)* *The Bitcoin Development Fund (BDF) is accepting grant proposals on an ongoing basis. The Bitcoin Development Fund is looking to support Bitcoin developers, community builders, and educators. Submit proposals [here](https://forms.monday.com/forms/57019f8829449d9e729d9e3545a237ea?r=use1)*. [**Subscribe to newsletter**](http://financialfreedomreport.org/) [**Apply for a grant**](https://forms.monday.com/forms/57019f8829449d9e729d9e3545a237ea?r=use1&mc_cid=39c1c9b7e8&mc_eid=778e9876e3) [**Support our work**](https://hrf.org/btc?mc_cid=39c1c9b7e8&mc_eid=778e9876e3) [**Visit our website**](https://hrf.org/programs/financial-freedom/)

@ f3873798:24b3f2f3

Você já conheceu alguém que sempre tenta levar vantagem em tudo? Aquele tipo de pessoa que, em vez de buscar crescimento legítimo, prefere explorar os outros para obter benefícios? Infelizmente, essa mentalidade está mais presente do que gostaríamos de admitir. Ela se manifesta de diversas formas, como: * Pedir descontos e brindes de maneira abusiva, como se fosse um direito; * Ameaçar ou constranger vendedores para conseguir preços mais baixos; * Vender produtos com valores incompatíveis com a qualidade ou omitir defeitos para enganar clientes. Quem age assim tem uma conduta antiética e, pior, muitas vezes se orgulha disso, como se enganar alguém fosse um sinal de esperteza. Mas será que essa mentalidade realmente leva ao sucesso? A curto prazo, pode parecer que sim. Alguns até conseguem vantagens temporárias, mas a longo prazo, essa postura cobra seu preço. A reputação se desgasta, as oportunidades diminuem e, inevitavelmente, o comportamento oportunista se volta contra quem o pratica. No Brasil, essa mentalidade oportunista se tornou quase um traço cultural. Combater isso exige uma mudança de perspectiva e, acima de tudo, uma autoavaliação sincera. O primeiro passo é reconhecer se, em algum momento, você já adotou esse comportamento. Ser honesto consigo mesmo é fundamental para evoluir. O segundo passo é entender que essa mentalidade não só é antiética, mas também prejudica seu próprio crescimento. Quem não valoriza o trabalho alheio dificilmente conseguirá que seu próprio trabalho seja valorizado. Portanto, abandone essa postura de querer sempre "se dar bem" às custas dos outros. Valorize o esforço e o trabalho de quem está oferecendo um produto ou serviço. Se não pode pagar, simplesmente não compre. Faça igual o Lula rsrsrs. Mas brincadeiras a parte, não exija que os outros arquem com o custo da sua insatisfação. E esta foi a mensagem de hoje. Espero que tenha gostado de mais uma leitura aleatória.

@ 5975800a:3d9a6b7d

Sometimes people come into your life and you know right away that they were meant to be there. *to serve some sort of purpose, teach you a lesson,* *or to help you figure out who you are or who you want to become.* You may never know who these people may be but.. *when you lock eyes with them, you know that at that very moment they will affect your life in some profound way.* And sometimes things happen to you that may seem horrible, painful, and unfair at first.. *but in reflection you find that without overcoming those obstacles, you would have never realized your potential, strength, willpower, or heart.*  > Everything happens for a reason. *Nothing happens by chance or by means of good luck. Illness, injury, love, lost moments of true greatness, and sheer stupidity all occur to test the limits of your soul.* Without the small tests, whatever they may be, life would be like a smoothly paved, straight flat road to nowhere. It would be safe and comfortable, but dull and utterly pointless. --- Written by [Samantha McConnell]( https://hellopoetry.com/poem/632166/everything-happens-for-a-reason/). Pictures by [me](nostr:npub1t96cqznzh0zmqq5y5rm9yfpqhdjs2gjgjzwzzn5alsy9g0v6dd7snrpyjw).

@ dbb19ae0:c3f22d5a

Using nostr_sdk 0.39 replace nsec_key with your secret key replace npub_to_follow by the npub to follow ``` python from nostr_sdk import Metadata, Client, Keys, Filter, Kind, KindStandard, Contact, PublicKey, EventBuilder from datetime import timedelta import asyncio async def main(): keys = Keys.parse("nsec_key") client = Client() await client.add_relay("wss://relay.damus.io") await client.connect() # Get current contact list f = Filter().author(keys.public_key()).kind(Kind.from_std(KindStandard.CONTACT_LIST)) events = await client.fetch_events(f, timedelta(seconds=10)) event = events.first() if event: # Get current contact public keys and add a new contact public_keys = event.tags().public_keys() new_public_key = PublicKey.parse("npub_to_follow") public_keys.append(new_public_key) # Create a new contact list event and send it to relays contacts = [Contact(public_key=pk, relay_url=None, alias=None) for pk in public_keys] event = EventBuilder.contact_list(contacts).sign_with_keys(keys) await client.send_event(event) print(f"Added follow to: {new_public_key}") else: print("No contact list found") if __name__ == '__main__': asyncio.run(main()) ``` https://github.com/ev3rst/nostr_sdk_examples/blob/main/ns-follow-npub.py

@ df478568:2a951e67

In [my Soapminer article](https://habla.news/u/marc@primal.net/washing-the-invisible-hand-with-soapminer), I added quotes from various plebs. I earned over 12,000 sats! That's enough for a McJunk today, but maybe a steak dinner in a few years. That's my two sats anyway. *This is not investment advice* It feels great to receive value from people who support and appreciate your work. It's also nice to stack more sats by writing. I have a budget of $25.00 that I have sent to various people using Zapplanner, but I'm trying something new: Zapsplits. ## WTF Are Zapsplits? I asked [Unleashed.chat](https://unleashed.chat). Here's what the anthropomorphic Unleashed said. Me: What is a Zapsplit on nostr?  Unleashed: A Zapsplit on Nostr refers to splitting a Zap, which is a form of donation or tipping on the ~platform~ protocol, among multiple recipients. **It allows users to distribute their support more broadly across various content creators instead of just one**. That's more succinct than I would put it, but nostr is a protocol, not a platform. The important part about Zapsplits for me is that it removes the cognitive cost of deciding what percentage of my giving budget should go to each creator. Do I zap podcast guests? Do podcasters with ads get less than podcasters sans ads? How much value did this particular article bring me? If I zap Guy Swann, should I also zap the authors he reads? Should I zap long-form articles more than micro-blogs? There are 21 million different considerations. Zapsplits removes all this from me because I can use the following algorithm.  ### Does This Person Provide Me Value? Yes ⬇️ I add them to my Zapsplit post for that month. A portion of my monthly zapping budget, 25 dirty-fiat bucks, transforms into magic Internet money and is distributed among everyone in the Zapsplit. No ⬇️ If I don't get any value, I don't send value. Simple. #### Testing Zapsplits I added podcasters and devs to a nostr post and enabled a 10-way zapsplit on the post. It's based on [prisms](https://www.nobsbitcoin.com/lightning-prism-nostr/), a little nostr feature that gives me prose writing superpowers. 1. I can earn sats for writing. 2. I can support others with a single zap. 3. I can add people who give me quotes to my zap splits. People appreciate attribution. I suspect they will appreciate it more if they also get paid. What if I added some quotes to an article and then split any zaps I get with the quoted plebs? Come to think of it, I'll try it. [Here's a quote from a dev on nostr](nostr:note1qf4277rudtflllrjr555890xsjp6u60f7xdvclkwc9t220duajeq0x665q  I added Silberangel to the Zapsplits on Habla.news. My [V4V](https://blog.getalby.com/the-case-for-value-4-value/) payments can also get sent to ten different plebs with a simple click of a button. I am going to start using this for a lot of my monthly V4V budget. Every month, I'll think about the people's content I value most and add them to a single zapsplit payment. Then, I'll zap the post. Say I create a poll and make a wager with ten different people. If I lose, I can pay everyone pit at the same time. This is probably better for a football pool, but you get the idea. The options are limited only by your imagination.  nostr:nevent1qqspnhucgxc6mprhw36fe2242hzv7zumavyy7dhzjswtldhxk4dh7ugpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxlg7zks3uauf454q7phhzdh2mpkhxg9cdrzt3t9z7gzksj49g7vupsgqqqqqqsl5uwfl Other people can also zap the post. As Siberangel says, we can use other people's money to provide value, too. This is a great option for stacking neophytes, people who don't have much bitcoin or cheap skates. Let's be honest, bitcoin has made most of us cheapskates. Bitcoin books with multiple authors can have QR codes that link to one of these Zapsplit posts. The authors can do a book signing and sell their books using this on nostr. Nerds like me can get three autographs and zap the book. The sats are split among all authors. Here's a Zapsplit that includes all the authors of Parallel.  Can you think of any other ways to use Zapsplits? Let me know. npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0 [885,610](https://mempool.marc26z.com/block/00000000000000000000742c0f980fcfcbd25fade47c3ebcfd69eda93f6861c7) [Merch](https://marc26z.com/merch/)

@ 5d4b6c8d:8a1c1ee3

I've really enjoyed these two months running ~econ. It crystallized that what I most enjoy is reading and commenting. Thankfully, our excellent contributors are giving me ample opportunities. # Metrics - Posts: 5th place - 264 - Comments: 6th place - 1653 - Stacking: 3rd place - 149.6k - Revenue: 6th place - 59.4k We're still over the breakeven point, but revenue was down from last month (still above the month before I took over, though). That means the new posting fee will be 81 sats, which is halfway back to the previous 108. # Contest Ideas Last month, I asked what people thought the best use of previously donated sats was and funding a contest seemed to get the best response. I'd like to try out a quarterly contest. The prize pool will be whatever sats have been earned, above the breakeven point, until the donated sats have all been paid out. I'm not sure if this will be a winner-takes-all thing or a top 3. I also don't want to completely defer to zaprank, so what I'll do is list the top 10 posts by zaprank and have people vote on the best post. Let me know what you think (including if this is an acceptable use of your donations, for those who made donations). originally posted at https://stacker.news/items/899082

@ 78c90fc4:4bff983c

**Gerichtliche Beschwerde wg. Arbeitsverweigerung** &#x20; Sehr geehrte Damen und Herren \ Da meine Fragen zum Schutz der Bevölkerung an das kantonale Gesundheitsamt und die weiteren Verantwortungsträger bis heute nicht beantwortet wurden, habe ich mich mit einer Beschwerde an das Kantonsgericht Baselland gewandt. Ignorieren und Wegschauen bei möglichen Offizialdelikten (schwere Körperverletzung) ist kein verantwortungsvolles Handeln. Bitte stellen Sie sich den Fragen und der Realität. \ Freundliche Grüsse Oliver Christen <https://x.com/RealWsiegrist/status/1895162279953367067> Verbrechen gegen die Menschlichkeit sind schwerwiegende Verstöße gegen das Völkerrecht, die durch systematische oder ausgedehnte Angriffe gegen die Zivilbevölkerung gekennzeichnet sind. Sie zählen zu den Kernverbrechen des Völkerstrafrechts und sind unabhängig von Kriegszuständen strafbar.  <https://x.com/RealWsiegrist/status/1895162279953367067> ## Covid Dossier; ‭Eine Aufzeichnung der militärischen und geheimdienstlichen Koordination des globalen Covid-Ereignisses‬ ### <https://www.aletheialib.org/doc/809> 

@ 8412613c:df65608a

The book "Till We Have Faces" by C.S. Lewis had a profound spiritual impact on me, unlike most books that typically stay on an intellectual or entertainment level. I kept thinking, "Why didn't I read this sooner?" (It had been on my list for years). However, I believe I wouldn't have understood it as deeply as I did now, and I attribute that to my decision to fully embrace my Christian faith and accept Jesus as the Son of God who incarnated and resurrected—with no more questions or doubts, just faith. This choice has been truly liberating for me. Although *Till We Have Faces* is not explicitly a Christian book, it beautifully reflects the themes of voluntary sacrifice, selfless love, suffering, and the mystery of the divine by retelling the myth of Psyche and Eros from the perspective of Psyche’s sister, Orual. Her journey through profound grief and blame toward the gods ultimately leads her to inner transformation and peace at the end of her life. C.S. Lewis’ personal faith undeniably influenced his writing, often exploring spiritual and philosophical themes through the lens of myth and allegory, as we see in this book. I want to briefly mention a few topics that gave me pause: ### The case against the gods > ‘But, your eyes being open, you saw no such thing.’ > ‘You don’t think—not possibly—not as a mere hundredth chance—there might be things that are real though we can’t see them?’ > ‘Certainly I do. Such things as Justice, Equality, the Soul, or musical notes.’ > ‘Oh, grandfather, I don’t mean things like that. If there are souls, could there not be soul-houses? (p. 161). It was clever of the author to make Psyche's palace invisible to mortal eyes, as this allows readers to relate to Orual's struggle with the nature of reality. Orual faces the abyss that humans encounter when witnessing the limits of reason. > If what I saw was real. I was in great fear. Perhaps it was not real. I looked and looked to see if it would not fade or change. Then as I rose (for all this time I was still kneeling where I had drunk), almost before I stood on my feet, the whole thing was vanished. (p. 150). Even though Orual has a glimpse of the divine, she makes an important decision that will mark her for the rest of her life: she chooses to neglect recognizing her vision as the sign she had been asking for, and instead looks for other possible explanations. She thinks the gods are cruel and untrustworthy, and also blames them for their lack of clarity in their messaging. She expresses that if they wanted her to understand something, they are at fault for not being clear. > The gods never send us this invitation to delight so readily or so strongly as when they are preparing some new agony. We are their bubbles; they blow us big before they prick us. (p. 111). Orual reached her breaking point when the gods twisted what she believed to be real: her experiences and her life story. She interpreted this event as a mockery by the gods, and so decided to write a book from her perspective—a case against them—without realizing that, in doing so, she was writing a case against herself: > Now, you who read, judge between the gods and me. They gave me nothing in the world to love but Psyche and then took her from me. But that was not enough. They then brought me to her at such a place and time that it hung on my word whether she should continue in bliss or be cast out into misery. They would not tell me whether she was the bride of a god, or mad, or a brute’s or villain’s spoil. They would give no clear sign, though I begged for it. I had to guess. And because I guessed wrong they punished me—what’s worse, punished me through her. And even that was not enough; they have now sent out a lying story in which I was given no riddle to guess, but knew and saw that she was the god’s bride, and of my own will destroyed her, and that for jealousy. As if I were another Redival. I say the gods deal very unrightly with us. For they will neither (which would be best of all) go away and leave us to live our own short days to ourselves, nor will they show themselves openly and tell us what they would have us do. For that too would be endurable. But to hint and hover, to draw near us in dreams and oracles, or in a waking vision that vanishes as soon as seen, to be dead silent when we question them and then glide back and whisper (words we cannot understand) in our ears when we most wish to be free of them, and to show to one what they hide from another; what is all this but cat-and-mouse play, blindman’s buff, and mere jugglery? Why must holy places be dark places? (pp. 283-284). I have always believed in God as Jesus, yet I understand Orual's accusations. I have questioned "unfair" situations, victimized myself, and blamed God. I have also saddened the beautiful souls of believers when, in my state of rebellion, I harshly questioned their faith, even as they were showing me Christ's love. I saw myself in many of Orual's attitudes With time, I have come to understand that humans can move between reason and faith, each requiring different skills. Dismissing either is dangerous. Reason protects us from deception but it can also blind us from truths. Faith is part of what gives us purpose in life, it comes with uncertainty but also with a blessing: > Then Jesus told him, “Because you have seen me, you have believed; blessed are those who have not seen and yet have believed. -John 20:39. ### Dying before dying This part of the book was truly inspiring to me because I have been obsessed with these words for a long time [^1]: > If you die before you die, you won't die when you die. -Inscription at St. Paul's Monastery on Mt. Athos. So I recognized them in the text: > Die before you die. There is no chance after. (p. 318). Orual explains what the gods meant by “dying before dying”: > Then I remembered that conversation which his friends had with Socrates before he drank the hemlock, and how he said that true wisdom is the skill and practise of death... But by the death which is wisdom I supposed he meant the death of our passions and desires and vain opinions. And immediately (it is terrible to be a fool) I thought I saw my way clear and not impossible. To say that I was Ungit meant that I was as ugly in soul as she; greedy, blood-gorged. But if I practised true philosophy, as Socrates meant it, I should change my ugly soul into a fair one. And this, the gods helping me, I would do. I would set about it at once. (pp. 321-322). These words brought me to the central Christian teaching of "dying to self" or "crucifying the old self”, which is only achieved through divine intervention. The idea of dying before dying is described by Paul as follows: > I have been crucified with Christ. It is no longer I who live, but Christ who lives in me. And the life I now live in the flesh I live by faith in the Son of God, who loved me and gave himself for me. -Galatians 2:20 ### Dreams Orual was stubborn and tried to fix her sorrow by another form of dying: completely changing her identity and true nature by neglecting herself and becoming someone else. This might seem similar to “dying before dying”, but the latter just comes through an act of humility and surrender by recognizing that only divine mercy can prevent us from going astray and truly heal. Orual, however, relied on her own strength and pride to endure her suffering. She hid behind a veil and metaphorically killed herself. > I had worn a veil because I wished to be secret. I now determined that I would go always veiled. I have kept this rule, within doors and without, ever since. It is a sort of treaty made with my ugliness. There had been a time in childhood when I didn’t yet know I was ugly. Then there was a time (for in this book I must hide none of my shames or follies) when I believed, as girls do—and as Batta was always telling me—that I could make it more tolerable by this or that done to my clothes or my hair. Now, I chose to be veiled. The Fox, that night, was the last man who ever saw my face; and not many women have seen it either. (p. 205). > I am the Queen; I’ll kill Orual too. (p. 256). By writing her book, Orual finally reaches a state where she is ready for divine intervention. Ultimately, she removes her veil. The following is one of the most important paragraphs: > Not many days have passed since I wrote those words no answer, but I must unroll my book again. It would be better to rewrite it from the beginning, but I think there’s no time for that. Weakness comes on me fast... Since I cannot mend the book, I must add to it. To leave it as it was would be to die perjured; I know so much more than I did about the woman who wrote it. What began the change was the very writing itself. Let no one lightly set about such a work. Memory, once waked, will play the tyrant. I found I must set down (for I was speaking as before judges and must not lie) passions and thoughts of my own which I had clean forgotten. The past which I wrote down was not the past that I thought I had (all these years) been remembering. I did not, even when I had finished the book, see clearly many things that I see now. The change which the writing wrought in me (and of which I did not write) was only a beginning—only to prepare me for the gods’ surgery. They used my own pen to probe my wound. (p. 287). Through random encounters, dreams, and visions, the gods showed Orual what she had been missing her whole life. One specific dream (or vision) caught my attention and made me think that C.S. Lewis had a profound insight while writing this masterpiece: Orual had a vision in which she presented her case against the gods in a courtroom before a judge. The assembly was made up of gods and ghosts, some of whom she knew. When the judge asked her to read her complaint, she had a scroll that was not the book she had written while recounting the story of her life. But she read it anyway until the judge said "enough," and she understood that she had read it over and over. The judge asked if she had her answer, and she replied "yes." > The complaint was the answer. To have heard myself making it was to be answered. (p. 335). This was incredible, and I could relate. I have had similar dreams in which I have a book in my hands—a book I know I wrote. Suddenly, I become lucid and tell myself, "Here is the answer; when I read it, I will know." This has been a recurring dream, and it's interesting because there are insights we only have access to on a deeper inner level. I have also dreamed of conversing with Jesus, repeating certain words, some of which I do not even remember. I interpret these kinds of dreams as follows: > In the same way, the Spirit helps us in our weakness. We do not know what we ought to pray for, but the Spirit himself intercedes for us through wordless groans. -Romans 8:26 I think that C.S. Lewis, speaking through Orual and the Fox, understands this and writes: > Lightly men talk of saying what they mean. Often when he was teaching me to write in Greek the Fox would say, ‘Child, to say the very thing you really mean, the whole of it, nothing more or less or other than what you really mean; that’s the whole art and joy of words.’ A glib saying. When the time comes to you at which you will be forced at last to utter the speech which has lain at the centre of your soul for years, which you have, all that time, idiot-like, been saying over and over, you’ll not talk about joy of words. I saw well why the gods do not speak to us openly, nor let us answer. Till that word can be dug out of us, why should they hear the babble that we think we mean? How can they meet us face to face till we have faces? (p. 335). I am very impressed with how the author explored Orual's life through her own eyes, enabling the reader to understand her transformation once she finally confronted her shortcomings and humbly accepted divine wisdom. With this new knowledge, she could finally see her path from a different perspective. Furthermore, the reader was able to appreciate the role of the gods: they weren’t meant to alleviate Orual’s suffering, but rather to lead her to see that it had a purpose—to transcend. This story made me reflect on my own journey and acknowledge Jesus's presence and mercy in my life and His selfless love as the key to transformation. --- This book resonated so deeply with me. I absolutely recommend it. To C.S. Lewis, thank you—your words truly touched my heart. --- ### References: Lewis, C. S.. Till We Have Faces: A Myth Retold. Kindle Edition. [^1]: See: https://habla.news/u/nancyqa@mynostr.space/1691458659942

@ a5caac8b:172ed717

 ### **Descubre una Oportunidad Única: Nuestra Propiedad Rústica en Tulum con Potencial Inmenso** Buscamos personas interesadas en explorar una inversión sólida, sostenible y alineada con el futuro de las finanzas descentralizadas. Queremos compartir con ustedes nuestra propiedad excepcional ubicada en **La Veleta**, Tulum, un lugar donde la naturaleza se fusiona con el estilo de vida moderno y el ecosistema Bitcoin. ### **Características destacadas de esta joya rústica:** - **Construcción robusta:** Diseñamos esta propiedad con materiales locales como piedra y Chucum, reflejando autenticidad y resistencia. - **Fuente propia de agua:** Garantiza independencia hídrica, un valor inigualable en la región. - **Vegetación abundante:** Un oasis verde que conecta directamente con la esencia de Tulum. - **Ubicación estratégica:** Está súper céntrica, rodeada de los sitios más hermosos de la región, perfecta tanto para residencia como para negocio. - **Documentación al día:** Todo está en regla y listo para transacciones seguras. ### **Nuestra propuesta para la administración y finanzas** Estamos buscando colaboradores para gestionar y/o comprar esta propiedad. Ya sea mediante plataformas como **Nostr**, **Telegram** o **Element (en Matrix)**, podemos coordinarnos de manera eficiente para cualquier aspecto relacionado con la propiedad. Además, si están interesados en adquirirla, queremos destacar que recientemente ajustamos el precio en **170,000 USD menos** tras cuatro años en el mercado. Este cambio refleja nuestro compromiso con encontrar a los socios ideales que valoren no solo la belleza del lugar, sino también su potencial financiero dentro del ecosistema Bitcoin. ### **Por qué invertir aquí?** 1. **Negocio rentable:** Ideal para emprendedores que deseen desarrollar proyectos turísticos, ecológicos o incluso tecnológicos en una de las regiones más codiciadas del mundo. 2. **Valorización asegurada:** La tendencia inmobiliaria en Tulum sigue creciendo año con año. 3. **Sostenibilidad y tecnología:** Combina la magia natural de México con herramientas innovadoras. ### **Comunicación Multilingüe** Ofrecemos la posibilidad de comunicarnos en **español, alemán e inglés**, lo que facilitará la interacción con inversores de diferentes partes del mundo. No duden en contactarnos si son visionarios dispuestos a explorar nuevas formas de inversión en bienes raíces utilizando Bitcoin. Estamos emocionados por conectar con ustedes y construir juntos un futuro próspero. **Contacto:** No duden en escribirnos. Respondemos todas sus preguntas con detalle y entusiasmo. ¡Juntos podemos transformar esta propiedad en un proyecto extraordinario! --- #TulumRealEstate #BitcoinFriendly #SustainableLiving #InvestInTulum #RusticCharm #PropertyForSale #DecentralizedFinance #TulumDreams --- ### **Discover a Unique Opportunity: Our Rustic Property in Tulum with Incredible Potential** We are looking for individuals interested in exploring a solid, sustainable investment aligned with the future of decentralized finance. We want to share with you our exceptional property located in **La Veleta**, Tulum—a place where nature blends seamlessly with modern living and the Bitcoin ecosystem. ### **Key Features of this Rustic Gem:** - **Sturdy construction:** We designed this property using local materials like stone and Chucum, reflecting authenticity and durability. - **Own water source:** Ensures hydrological independence, an invaluable asset in the region. - **Abundant vegetation:** A lush green haven that connects directly with the essence of Tulum. - **Strategic location:** Centrally located, surrounded by the most beautiful spots in the region, perfect for both residential and business use. - **Up-to-date documentation:** Everything is in order and ready for secure transactions. ### **Our Proposal for Management and Finances** We are seeking collaborators to manage and/or purchase this property. Whether through platforms like **Nostr**, **Telegram** or **Element (on Matrix)**, we can efficiently coordinate any aspect related to the property. Additionally, if you're interested in acquiring it, we’d like to highlight that we recently reduced the price by **$170,000 USD** after four years on the market. This adjustment reflects our commitment to finding the ideal partners who appreciate not only the beauty of the place but also its financial potential within the Bitcoin ecosystem. ### **Why Invest Here?** 1. **Profitable business opportunity:** Perfect for entrepreneurs looking to develop tourism, ecological, or even tech projects in one of the world's most sought-after regions. 2. **Guaranteed appreciation:** The real estate trend in Tulum continues to grow year after year. 3. **Sustainability and technology:** Combines the natural magic of Mexico with innovative tools. ### **Multilingual Communication** We offer the possibility of communicating in **Spanish, German, and English**, making interaction easier for investors from around the world. Don’t hesitate to reach out if you’re visionaries eager to explore new ways to invest in real estate using Bitcoin. We’re excited to connect with you and build a prosperous future together. **Contact:** Feel free to write to us. We’ll be happy to answer all your questions in detail and with enthusiasm. Together, we can turn this property into an extraordinary project! --- #TulumRealEstate #BitcoinFriendly #SustainableLiving #InvestInTulum #RusticCharm #PropertyForSale #DecentralizedFinance #TulumDreams --- ### **Entdeckt eine einzigartige Gelegenheit: Unsere rustikale Immobilie in Tulum mit enormem Potenzial** Wir suchen Personen, die daran interessiert sind, eine feste, nachhaltige Investition zu tätigen, die sich auf die Zukunft der dezentralisierten Finanzen ausrichtet. Wir möchten euch unsere außergewöhnliche Immobilie in **La Veleta**, Tulum vorstellen – ein Ort, an dem Natur nahtlos mit dem modernen Leben und dem Bitcoin-Ekosystem verschmilzt. ### **Herausragende Merkmale dieser rustikalen Perle:** - **Robuste Bauweise:** Wir haben diese Immobilie mit lokalen Materialien wie Stein und Chucum gebaut, um Authentizität und Beständigkeit widerzuspiegeln. - **Eigen Quelle:** Sicherstellt wertvolle Wasserunabhängigkeit, ein unschätzbarer Vorteil in der Region. - **Reiche Vegetation:** Ein grünes Paradies, das euch direkt mit der Essenz von Tulum verbindet. - **Strategisch günstige Lage:** Zentral gelegen, umgeben von den schönsten Plätzen der Region, ideal sowohl für Wohnzwecke als auch für Geschäfte. - **Aktuelle Dokumentation:** Alles ist aktuell und bereit für sichere Transaktionen. ### **Unser Angebot zur Verwaltung und Finanzen** Wir suchen Mitstreiter, um diese Immobilie gemeinsam zu verwalten und/oder zu kaufen. Ob über Plattformen wie **Nostr**, **Telegram** oder **Element (auf Matrix)**, können wir alle Aspekte der Immobilie effizient koordinieren. Außerdem, wenn ihr Interesse habt, sie zu erwerben, möchten wir betonen, dass wir den Preis kürzlich um **170.000 USD** gesenkt haben, nachdem sie vier Jahre lang auf dem Markt war. Diese Anpassung spiegelt unser Engagement wider, die idealen Partner zu finden, die nicht nur die Schönheit des Ortes schätzen, sondern auch sein finanzielles Potenzial im Bitcoin-Ekosystem. ### **Warum hier investieren?** 1. **Rentables Geschäft:** Ideal für Unternehmer, die Tourismus-, ökologische oder sogar technologische Projekte in einer der weltweit begehrtesten Regionen entwickeln möchten. 2. **Gewährleistung von Wertsteigerung:** Die Immobilientrends in Tulum steigen Jahr für Jahr weiter. 3. **Nachhaltigkeit und Technologie:** Kombiniert die natürliche Magie Mexikos mit innovativen Tools. ### **Mehrsprachige Kommunikation** Wir bieten die Möglichkeit an, uns in **Spanisch, Deutsch und Englisch** zu kommunizieren, was die Interaktion mit Investoren aus aller Welt erleichtert. Zögert nicht, euch zu melden, wenn ihr Visionäre seid, die neue Wege zur Immobilieninvestition mit Bitcoin erforschen möchten. Wir freuen uns darauf, mit euch zusammenzuarbeiten und gemeinsam eine erfolgreiche Zukunft aufzubauen. **Kontakt:** Schreibt uns einfach. Wir werden alle eure Fragen detailliert und enthusiastisch beantworten. Zusammen können wir diese Immobilie in ein außergewöhnliches Projekt verwandeln! --- #TulumImmobilien #BitcoinFreundlich #NachhaltigesLeben #InvestiereInTulum #RustikalerCharme #ImmobilieZuVerkaufen #DezentralisierteFinanzen #TulumTräume

@ 4523be58:ba1facd0

# NIP-118 ## Nostr Double Ratchet Invites In order to start a [NIP-117](./117.md) Nostr Double Ratchet session, Alice and Bob need to exchange ephemeral public keys and a shared secret. In a Nostr Double Ratchet invite, Alice gives Bob her - ephemeral public key, which is also used to respond to the invite on Nostr, - shared secret, and - Nostr identity public key, which is used to authenticate the exchange. ### Nostr event Publishing an invite event on Nostr allows other users to start a Double Ratchet session with you. ```typescript { pubkey: inviterIdentityKey, content: '', tags: [ ['d', `double-ratchet/invites/${uid}`], // uid: unique name for the invitation, e.g. "public" ['l', 'double-ratchet/invites'], // label, for listing all your invites ['ephemeralKey', inviterEphemeralKey], ['sharedSecret', sharedSecret] ], kind: 30078, created_at, id, sig } ``` `l` is a [NIP-32](https://github.com/nostr-protocol/nips/blob/master/32.md) label tag that can be used to list your invites. We use this approach with [NIP-78](./78.md) application specific data kind `30078` in order to not bloat the event kind space and instead have a human-readable label. ### URL Invites can be also shared privately, without requiring a Nostr event. This improves privacy, removing the public association between the inviter and response. URL and QR code are often convenient ways to share privately, especially when the other user is not yet on Nostr. Format: ```typescript const invite = { inviter, ephemeralKey, sharedSecret }; const json = JSON.stringify(invite); const url = `https://example.com/#${encodeURIComponent(json)}`; ``` Encoding the invite into the URL hash ensures it's not sent to the server and logged by default. `nostr:` URI scheme is another possible way to share invites, when we have native clients supporting the feature. ### Invite response #### Outer event Invite response outer event is a [NIP-59](https://github.com/nostr-protocol/nips/blob/master/59.md) gift wrap event of kind `1059`, sent from a random, one-time-use pubkey, hiding the responder's identity from the public. It is addressed to the ephemeral key in the invite. If the invite was publicly shared, responses can be publicly associated to the inviter. #### Inner event [NIP-59](https://github.com/nostr-protocol/nips/blob/master/59.md) Rumor. ```typescript const conversationKey = nip44.getConversationKey( inviteeKeyPair, inviterPublicKey ); const encrypted1 = encrypt(inviteeEphemeralKey, conversationKey); const encrypted2 = encrypt(encrypted1, sharedSecret); const rumor = { pubkey: inviteePublicKey, kind: 1060, content: encrypted2, tags: [], createdAt, id, }; ``` After receiving the invite response, both parties have what they need to start a double ratchet session: each others' ephemeral public keys and a shared secret. Both parties have authenticated by encrypting or decrypting using their nip44 conversation key. The shared secret from the invite is used in the response to ensure that only actual recipients of the invite can follow it. Otherwise, attackers could initiate double ratchet sessions by sending invite responses to all addresses that received gift wraps, some of which are private invite addresses.

@ 6260f29f:2ee2fcd4

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

@ 6260f29f:2ee2fcd4

# titleeee test

@ 5d4b6c8d:8a1c1ee3

Here are today's picks using my proprietary betting strategy at [Freebitcoin](https://freebitco.in/?r=51325722). For details about what Risk Balanced Odds Arbitrage is and why it works see https://stacker.news/items/342765/r/Undisciplined. There were so many today, that I abandoned the markdown table. I recommend skipping the ones that are taking place within a week (the early bonus isn't great for those).  originally posted at https://stacker.news/items/898935