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@ 3c7dc2c5:805642a8
2025-02-25 22:52:31
## ð§ Quote(s) of the week:
'When you self custody bitcoin, you strengthen the network.
When trusted third parties hold your bitcoin, you weaken it.' - Jameson Lopp
## ð§ĄBitcoin newsð§Ą
Unfortunately last week, the platform I am writing my Weekly Recaps on wasn't working. I apologize that you missed last week's recap.
This week an extra long edition!
On the 11th of February:
âĄïļThe Swiss creator of ProtonMail launches a Bitcoin wallet that's open-source and self-custody to its 100 million customers.
âĄïļPolish Central Bank President Adam GlapiÅski rules out holding Bitcoin reserves "under any circumstances".
"There is a lot to be said about Bitcoin. You can buy a lot and gain a lot, as well as lose a lot. However, we prefer something certain.â
HFSP
âĄïļEmail service provider Proton Mail just released an open-source Bitcoin wallet to their 100 million users.
âĄïļPublicly traded KULR buys an additional $10 million worth of Bitcoin. They now hold over 610 Bitcoin.
âĄïļHong Kong confirms Bitcoin can be used as proof of capital for the new investment visa.
âĄïļ'Bitcoin exchange reserves have hit a 3-year low of 2.5 million as demand continues to grow, per CryptoQuant.
People are demanding physical gold and more Bitcoin. Interesting times.' -TKL
âĄïļBinance sold 3.600 Bitcoin ($350 million) from its reserves in January.
âĄïļSenator Lummis tells Fed Chair Jerome Powell:
The Fed made a mess of Silicon Valley bank and there's a deliberate lack of understanding of Digital Asset policy by the Fed.
During the hearing, Powell admitted there is a problem with crypto debanking, and also said never creating a central bank digital currency.
âĄïļGoldman Sachs just disclosed owning $1.58 BILLION Bitcoin through BlackRock and Fidelity ETFs. â MacroScope
âĄïļBlackRock has labeled Bitcoin as a ârisk-offâ asset. BlackRock says Bitcoin is âRisk Offâ as a global monetary alternative, while ETH is âRisk Onâ as a blockchain play. Bitcoin is money, the rest of âcryptoâ is just a gamble.
On the 12th of February:
âĄïļMetaplanet finished the day as Japan's 19th most liquid stock, with ÂĨ42.6b (~$277 million) of trading volume.
âĄïļSo far this year, Strategy's treasury operations have yielded a gain of 18,527 BTC, equivalent to approximately $ 1.8B in value.
âĄïļ$114 billion VanEck's Matthew Sigel says the demand from 20 US Bitcoin Reserve bills could see states buy over 242,787 Bitcoin.
âĄïļTexas Senate Member Charles Schwertner filed legislation for a "Strategic Bitcoin Reserve"
Two weeks ago, Texas Lieutenant Governor Dan Patrick announced he would make this a "priority bill for the 2025 legislative session."
The new legislative text for the Texas Strategic Bitcoin Reserve, SB 21, is very bullish!
It removes the annual buying limit of $500 million, the legislature can appropriate as much as it wants to save BTC.
âĄïļMetaplanet Secures 4.0 Billion JPY Through 0% Unsecured, Unguaranteed Bonds for Additional Bitcoin Acquisition.
âĄïļThe National Bank of Canada has purchased Bitcoin ETF worth $2 million.
âĄïļGameStop can service a loan of up to $100 BILLION for 4.6 years with its existing $4.6b cash balance at 1% interest.
That's twice the amount of Bitcoin Michael Saylor's currently holds. On that news, GameStop surges +20% considering buying Bitcoin with its $4.6 BILLION cash balance.
On the 14th of February:
âĄïļJPMorgan Chase, which previously labeled Bitcoin as a Ponzi scheme and a tool for money laundering, has disclosed Bitcoin exposure through ETFs in its latest SEC filing.
âIf you canât beat them, join them.â
âĄïļBarclays discloses holding $131M worth of Bitcoin through IBIT shares in its latest 13F filing.
âĄïļHong Kong-based Avenir reported owning ~$600m Bitcoin through BlackRockâs ETF.
âĄïļJapanese energy consultant Remixpoint spent nearly its $65M target to acquire Bitcoin in 2024, according to the latest earnings presentation.Â
Holdings rose over 8,000% in nine months, from 68M yen in March to ÂĨ5.8B ($38M) by year-end.
âĄïļSBC Medical Group Holdings, a Delaware corporation headquartered in Tokyo, announces it will purchase 1B yen worth of Bitcoin.
âĄïļTrump had better hurry upâthe global Bitcoin arms race has begun. One of the world's largest sovereign wealth funds is now actively accumulating bitcoin.
Abu Dhabiâs sovereign wealth fund (with $1.75 Trillion AUM) invested $437 MILLION in Blackrock's Bitcoin ETF.
Although buying a Bitcoin ETF and not the spot Bitcoin is kinda weak.Â
<https://i.ibb.co/b5jjf74V/Gjw3q3-VWAAABWag.jpg>
âĄïļMore notable holdings from BlackRock's bitcoin ETF as of their latest filings (Dec 31):
- Goldman Sachs: 24,077,861 shares worth $1.35B (+89% increase)
- Millennium Mgmt: 23,498,001 shares worth $1.32B (+116% increase)
- State of Wisconsin Investment Board: 6,060,351 shares worth $339M (+110% increase)
- Tudor Investment Corp: 4,428,230 shares worth $248M (+409% increase)
On the 15th of February:
âĄïļMilei, President Argentina, and his shitcoinery (LIBRA):
- was not announced by decree (so Milei acted on his own)
- posted on his official presidential accounts on X and IG
- ultra rug pull.
Kirchnerists are planning their political trials, and shedding tears of joy.
Saifedean Ammous: 'Astonishing shitcoinery by Milei, shocking even to shitcoiners.
He marketed a shitcoin to support the growth of Argentina, received millions of dollars from fans worldwide, dumped his coins, tanked the coin 95%, deleted the tweet, and now expects everyone to just move on.'
<https://i.ibb.co/0jGL4zJH/Gj4cn-VPa-EAAE1hp.jpg>
'Government-shilled meme coin rug-pulls last month, country by country â scammers in suits running the same old fiat scam playbook.' - CarlBMenger
Okay, one more quote on this topic:
'You think Presidents of countries will rug pull you with meme-coins but they won't seize your bitcoin held at custodians?'- Jameson Lopp
Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node... be your own bank. Not your keys, not your coins. It's that simple.
âĄïļGlobal proprietary trading firm Jane Street Group has disclosed holdings of nearly 30K BTC ($2.8B), making it the largest Bitcoin ETF holder, surpassing Goldman Sachs at 25K BTC ($2.3B).
âĄïļMillennium Management owns $2.6B worth of Bitcoin. Theyâre the third largest hedge fund in the world.
On the 16th of February:
âĄïļThe National Bank of Canada and the Bank of Montreal are loading up on Strategy shares.
âĄïļIn just one year, institutions have accumulated over 300,000 BTC in ETFs, nearly doubling their holdings since Q3 2024. Data from the latest 13F filings
âĄïļ The State of California has bought 41 million Dollars worth of Strategy MSTR with their pension funds.
âĄïļThe California State Teachers Retirement System doubles its MSTR holdings, now worth $83 million.
âĄïļCantor Fitzgerald, formerly led by Howard Lutnick, bought over $1 billion worth of MSTR shares in Q4, making it their largest position.
With an average buy price of $229, theyâre already up 47%. Lutnick now runs Trumpâs new Sovereign Wealth Fund as Commerce Secretary.
CalSTRS has $352 billion AUM and is the second largest pension fund in the USA.
âĄïļU.S. TREASURY SECRETARY SCOTT BESSENT: Bitcoin is "about freedom... I think everything is on the table with Bitcoin."Â
On the 17th of February:
âĄïļ'Bitcoinâs correlation with the S&P 500 has dropped to zero, marking a significant shift in market behavior.
Historically tied to stocks, BTC is now moving independently, signaling a break from traditional macroeconomic influences.' - Bitcoin News
[](https://i.ibb.co/x8B4n8cf/Gk-A-NXn-WQAA9-T9c.jpg)
âĄïļ'Imagine using money whose supply you canât personally audit.
Bitcoin's the only widely accepted form of money whose supply anyone with a $200 computer can fully verify.
This is one of the key things that sets Bitcoin apart from everything else.' - Wicked
âĄïļMetaplanet buys another ÂĨ4 billion worth of Bitcoin. 'After ten months on the Bitcoin Standard, Metaplanet owns approximately 1/10,340th of the worldâs first & only absolutely scarce monetary asset.' - Dylan DeClair
âĄïļ2017 VCs dumping on ICOs
2020 DeFi rug pulls
2024 Meme coin pump and dumps
Thatâs the last 3 cycles in crypto. It normally takes 3 mistakes for people to learn.
This is why BTC dominance is climbing back to its proper equilibrium.' - Willy Woo
âĄïļGameStop is considering investing in Bitcoin.
The company is sitting on over $4.5 billion in cash.
On the 18th of February:
âĄïļBitcoin ownership changed massively in 2024.
[](https://i.ibb.co/HD0ndgPw/Gk-Fhucd-WQAAB2k-X.png)
âĄïļDaniel Batten: 'Tether is buying a 51% stake in Adecoagro, a renewable energy and Agriculture company for $1.24 billion.
Here's why this matters to Bitcoin mining, and Bitcoin.':
https://x.com/DSBatten/status/1891903192939577687
âĄïļUnion Bank of Switzerland UBS has bought 1.2 Billion Dollars worth of Strategy MSTR at an average price of $289.62 per stock.
âĄïļ4-Year CAGR:
BTC: 14%/year
Gold: 13%/year
S&P500: 12%/year
This is the first time BTC is in the same range as other major assets over 4 years.
âĄïļSouth African Publicly traded Altvest Capital adopts Bitcoin Treasury Strategy and plans to buy $10 million of BTC.
On the 20th of February:
âĄïļ'Michael Saylor's STRATEGY announced pricing for up to $2.3 BILLION of convertible notes to buy more Bitcoin
This is a $300m increase since the initial announcement.' -Bitcoin Archive
On the 21sst of February:
âĄïļThe Bybit hack is officially the largest crypto heist in HISTORY.
$1.46B+ stolen (especially ETH) and still counting. That's 16% of ALL previous crypto hacks COMBINED. The Bybit hacker, North Korea's Lazarus Group behind Bybit's $1.4 billion hack, is now the 14th largest ETH holder in the world.
They hold roughly 0.42% of total supply, more than Fidelity, Vitalik, and 2x +what the Ethereum Foundation holds
Ethereum is toast. They can roll back the chain and destroy what is left of the decentralization claim or allow North Korean baad actors to keep $1.4B of ETH and unleash an eternal internal battle. Either way, it is terrible.
https://x.com/Leishman/status/1892970132000866335
Now are ask yourself: If Coinbase got hacked and their Bitcoin was stolen, would Bitcoin's CEO consider rolling back the chain?
âĄïļNew report finds Bitcoin mining:
https://x.com/MARAHoldings/status/1893015821535879475
* brings $4.1 billion in annual U.S. gross product
* creates 31,000 jobs
* helps stabilize the grid
On the 22nd of February:
âĄïļMontana's #Bitcoin Reserve Bill has died in the House.
I fully agree with the following statement made by BitBuyer313 on X: "Unpopular fact.
This bill is going to get shot down in every single state that it was proposed, and a Bitcoin strategic reserve is going to get shot down as well.
In the case of an emergency, the US government is one EO 6102 away from a strategic reserve honeypot called Coinbase.'
Not only Coinbase but also the ETFs and maybe even MSTR.
On the 24th of February:
âĄïļWhales are buying Bitcoin in quantities never seen before.
âĄïļStrategy completes a $2 billion offering of convertible notes at 0% coupon and 35% premium so they can buy more Bitcoin.
Meanwhile, Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved a Bitcoin Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 Bitcoin acquired for ~$33.1 billion at ~$66,357 per Bitcoin
Strategy has now acquired 284,696 Bitcoin since the halving. That works out to 918 BTC per day since the halving. That is 2.04 times the daily issuance. Sjeezzzz
âĄïļRezolve AI launches a $1B Bitcoin treasury program, starting with a $100M investment.
âĄïļ'Citadel Securities to become Bitcoin and crypto liquidity provider for major exchanges like Coinbase, Binance, Crypto com, and others.' -Bitcoin Archive
âĄïļGermany's âŽ370 BILLION Deka bank to launch Bitcoin and crypto trading+custody for institutions.
âĄïļOver $110,000,000,000 was wiped out from the crypto market in the past 24 hours.
âĄïļMontana, North Dakota, and Wyoming all rejected bills for state Strategic Bitcoin Reserves over volatility concerns.
There are still 19 US states with live Strategic Bitcoin Reserves! A total of 5 states; WY, PA, ND, MT & MS have dead bills.
Joe Burnett: 'Unpopular opinion: Bitcoinâs volatility DOES make holding bitcoin risky in the short term, but the volatility is a function of its active monetization and 60% CAGR. Short-term swings donât affect its long-term fundamentals or long-term performance.'
âĄïļDespite $38.6B flowing into Bitcoin ETFs since January 2024, only $17.5B (44%) appears to be from direct long-term investment, according to 10x Research.
The remaining 56% likely involves arbitrage, where short Bitcoin futures are used to balance ETF inflows.
## ðļTraditional Finance / Macro:
On the 13th of February:
ðð―The S&P 500 surges toward 6100 despite rising inflation and trade war concerns, now 0.5% away from a new all-time high.
## ðĶBanks:Â
ðð―Jamie Dimon just sold 33% of his J.P. Morgan stock on February 20th
Co-CEO Troy Rohrbaugh also sold 20% yesterday. The 1% always knows when to bail.
## ðMacro/Geopolitics:
On the 11th of February:
ðð―CarlBMenger: 'The wait to withdraw Gold had increased from a few days to several weeks, Bank of England.
Imagine securing your wealth in a bearer asset to avoid counterparty risk, only to stash it in another country and pray they let you withdraw it.
Bitcoin fixes this stupidity.' (foto)
If a 2% drawdown in Bank of England's gold reserves has caused a 6-week delay, it's safe to say 99% of the vault is empty.
ðð―CPI 0.5% MoM, Exp. 0.3%
CPI Core 0.4% MoM, Exp. 0.3%
CPI 3.0% YoY, Exp. 2.9%
CPI Core 3.3% YoY, Exp. 3.1%
The Fed's worst nightmare just got worse. US CPI ran very hot in January. The headline inflation rate accelerated to 3% YoY from 2.9% in Dec, CPI increased 0.5% MoM, the biggest since Aug 2023. Core CPI rose to 3.3% YoY from 3.2%, higher than the consensus of +3.1%.
Zerohedge: 'The bad news: CPI is just catching up to the reality which was being masked by the Biden admin.
The good news: shelter CPI was the big driver, accounting for 30% of the headline increase, and lags by 12 months which means real inflation is far more modest.'
On the 13th of February:
ðð―The US budget deficit hit 6.4% in 2024, the biggest in history outside of major economic crises and wars.
Over the next decade, the interest contribution is set to widen and there is nothing that will stop this train. Opt-out, study Bitcoin.
ðð―In the past 12 months, America paid a record $1.167 trillion in interest on the federal debt; this is more than all US spending on Defense, Health, and Income Security, and only Social Security spending is bigger (for 3 years at which interest will surpass it)
ðð―Reuters was paid millions of dollars by the US government for âlarge scale social deceptionâ.
That is literally what it says on the purchase order!
Now we know why the left is in total panic mode. The walls are literally closing in on massive scams.
ðð―ZeroHedge: 'Another day, another 346K oz of gold delivered to comex vaults, pushing the total to 36.5 million oz, of which the big 3 are now at a record 30 million oz.'
On the 14th of February:
ðð― Ever since D.O.G.E. (Department of Governmental Examination) started sniffing around government agencies, something HILARIOUS has happened:
WikiLeaks: Washington DC searches soar for "Swiss bank" (yellow), "offshore bank" (green), "wire money" (red) and "IBAN" (blue). (foto)
Pretty damning, panic in DC, the cover-up is in full swing!
Washington DC searches for "lawyer' have increased 400% (data from Google trends)
ðð―The Chinese Property Market has seen a total loss of $18 Trillion over the past 3 years, surpassing the losses suffered by the U.S. during the Global Financial Crisis.
ðð―'The US government spent a near-record $642 BILLION in January, $142 billion higher than last year.
Over the last 12 months, government expenditures hit a whopping $7.1 TRILLION.
By comparison, public expenses in 2019 were 32% lower, at $4.8 trillion.
In just 10 years, federal government spending has DOUBLED.
Government outlays have never been so large excluding the 2020 pandemic and 2021 recovery.
Government spending is out of control.' -TKL
ðð―In the last 72 hours JD Vance has told Europe
- if it doesn't repeal the AI Act and Digital Services Act the US will outflank them
- if it doesn't repeal the GDPR, the US will tariff them
- if it keeps censoring its people, America will platform them
Europe thought they could regulate the internet (AI), censor speech, and impose trade barriers without consequences.
'As a European, Iâm outraged by Vanceâs speech.
Outraged that it took an American to say what no European bureaucrat dared to.' - Learn Latin (Twitter)
Europeâs biggest problem isnât just self-imposed tariffs or bureaucracy, itâs the illusion that regulation equals strength. While the U.S. plays to win, Europe debates rules that often handicap its own businesses. Don't get me wrong, I don't hate Europe whatsoever, but I do think that it is shooting itself in her foot.
Deregulation, lower taxes, Defense spending up, incentives for foreign direct investments and downsize red tape is more necessary than ever. Europe has a historical change of being in the game or becoming a pariah in the new global order. European leaders emphasize the superiority of the âEuropean way and therefore I lean more to the 'becoming a pariah in the new global order' side. Unfortunately.
ðð―Since DOGE began discussing mass layoffs, the median home price in Washington DC has FALLEN by -$139,000.
In 30 days, nearly 4,000 homes have been listed for sale in and around Washington DC.
Although I hate the shitcoinery by Milei, he has clearly shown that a free market is the only way out of poverty.
Thatâs the exact opposite of socialism which is the best proven way into poverty for all.
[](https://i.ibb.co/nMRXystB/Gj5-Kyg-HWw-AAA7td.jpg)
Poverty in Argentina fell to 33.5% in January 2025, according to UTDT. As inflation falls and wages rise, poverty rates in the country are falling sharply again.
ðð―Meloni announces that Italy supports yesterdayâs proposal by Ursula von der Leyen to remove military spending from the 3% deficit limit EU countries have.
It will allow Italy to quickly rearm and use its large defense industry to the fullest. EU plans a âŽ700 billion weapons package to arm Europe.
More debtâĶ more eurozone inflation.
On the 16th of February:
ðð―DOGE next target - Fort Knox Gold Reserve! The US gold reserves - last "audited" in 1974 - remain shrouded in secrecy. Elon Musk's recent query sheds light on decades of opacity! Itâs time for a full accounting of OUR Gold at Fort Knox.
'Theoretically, there's over 8k metric tons or roughly 250 million Troy Ounces. At today's spot price of over $2,800/oz is $700 billion.
The DC Swamp creatures have likely dipped deeply into that cookie jar.' - Diver Dan
On the 17th of February:
ðð―The Reserve Bank of Australia confirmed the existence of fake Gold bars being held at the Bank of England.
Donât trust, verify. Bitcoin is audited every 10 minutes.
ðð―41% of all the full-time jobs created during the Biden administration were government employees.
ðð―Gold prices are now officially up +50% over the last 14 months and made ANOTHER all-time high.
Gold's market cap just hit $20 TRILLION for the first time in history.
'After 45 years, Gold has finally reached a new all-time high in inflation-adjusted terms. Patience is key and most HODLers are dead by now.' - CarlBMenger
On the 18th of February:
ðð―The Treasury Access Symbol, an identification code for payments in the US Treasury system, was an "optional" field.
As a result, DOGE is unable to trace $4.7 TRILLION worth of US Treasury payments.
That's ~2.6 TIMES the 2024 US deficit..
https://www.zerohedge.com/political/doge-finds-47-trillion-virtually-untraceable-treasury-payments
ðð―'US inflation materially accelerated in January:
Supercore inflation jumped 4.0% year-over-year in January.
However, the 3-month annualized rate and the 6-month annualized rate jumped to 4.7% and 5.3%, respectively.
The 1-month rate annualized would put inflation at 9.5%, the second-highest since 2022. Overall, Supercore inflation has been now above the Fedâs 2% target for 4.5 years.
The fight against inflation has entered a new era.' - TKL
On the 21st of February:
ðð―China just cranked up the money printer to max speed (M1 Money Supply). Other CBs will follow suit. (foto)
[](https://i.ibb.co/q3t58CqS/Gk-Rh-Bn-ZWk-AA4-IAV.jpg)
'China's M1 money supply jumped from $67T in Dec 2024 to $112T in Jan 2025 because they changed how M1 is calculated.
Notice the rapid decline in M1 in 2024. The only reason you'd do this is to mask liquidity injections you're using to fend off a deflationary debt spiral.'
ðð―The ECB has recorded the biggest loss in its 25-year history. (foto) The European Central Bank (ECB) has reported a record loss of âŽ7.9 billion for the year 2024, surpassing the previous year's loss of âŽ1.3 billion.
https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.pr250220~eca25e4e21.en.html
ðð―Japanâs inflation rate rises to 4.0%, its highest since January 2023.
- the US (3.0%)
- the UK (3.7%)
- the Eurozone (2.5%)
- China (0.5%)
Yet, the policy rate of the Bank of Japan stands at 0.5%.
On the 24th of February:
ðð―'US CPI inflation is on track to hit 4.6% over the next 6 months, according to Bank of America.
CPI inflation has averaged +0.4% on a month-over-month basis over the last 3 months.
If this trend continues, this puts year-over-year inflation on pace to hit 4.6% by July, the highest since April 2023.
That would be more than DOUBLE the Fedâs 2% inflation target.
Even if monthly inflation prints ease to 0.3%, year-over-year inflation would still rise to 3.8%.
Inflation is accelerating.' - TKL
## ðIf you have made it this far I would like to give you a little gift:
What Bitcoin Did: THE MONEY PRINTER IS COMING with James Lavish. They discuss:
- Global liquidity
- The Fed caught lying
- QE is coming
- DOGE
- Bitcoin in 2025
https://youtu.be/uhQnDNWMNew
Credit: I have used multiple sources!
My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly.
Use the code SE3997
Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple. â â â â â â â â
Do you think this post is helpful to you? If so, please share it and support my work with a zap.
ââââââââââââââââââ
â Many thanksâ
Felipe - Bitcoin Friday!
ââââââââââââââââââ
-
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@ c1e9ab3a:9cb56b43
2025-02-25 22:49:38
# Election Authority (EA) Platform
## 1.1 EA Administration Interface (Web-Based)
- **Purpose**: Gives authorized personnel (e.g., election officials) a user-friendly way to administer the election.
- **Key Tasks**:
1. **Voter Registration Oversight**: Mark which voters have proven their identity (via in-person KYC or some legal process).
2. **Blind Signature Issuance**: Approve or deny blind signature requests from registered voters (each corresponding to one ephemeral key).
3. **Tracking Voter Slots**: Keep a minimal registry of who is allowed one ephemeral key signature, and mark it âusedâ once a signature is issued.
4. **Election Configuration**: Set start/end times, provide encryption parameters (public keys), manage threshold cryptography setup.
5. **Monitor Tallying**: After the election, collaborate with trustees to decrypt final results and release them.
## 1.2 EA Backend Services
- **Blind Signature Service**:
- An API endpoint or internal module that receives a *blinded ephemeral key* from a voter, checks if they are authorized (one signature per voter), and returns the blind-signed result.
- Typically requires secure storage of the EAâs **blind signing private key**.
- **Voter Roll Database**:
- Stores minimal info: âVoter #12345 is authorized to request one ephemeral key signature,â plus status flags.
- Does **not** store ephemeral keys themselves (to preserve anonymity).
- **(Optional) Mix-Net or Homomorphic Tally Service**:
- Coordinates with trustees for threshold decryption or re-encryption.
- Alternatively, a separate âTally Authorityâ service can handle this.
---
# 2. Auditor Interface
## 2.1 Auditor Web-Based Portal
- **Purpose**: Allows independent auditors (or the public) to:
1. **Fetch All Ballots** from the relays (or from an aggregator).
2. **Verify Proofs**: Check each ballotâs signature, blind signature from the EA, OTS proof, zero-knowledge proofs, etc.
3. **Check Double-Usage**: Confirm that each ephemeral key is used only once (or final re-vote is the only valid instance).
4. **Observe Tally Process**: Possibly see partial decryptions or shuffle steps, verify the final result matches the posted ballots.
- **Key Tasks**:
- Provide a **dashboard** showing the electionâs real-time status or final results, after cryptographic verification.
- Offer **open data** downloads so third parties can run independent checks.
## 2.2 (Optional) Trustee Dashboard
- If the election uses threshold cryptography (multiple parties must decrypt), each **trustee** (candidate rep, official, etc.) might have an interface for:
- Uploading partial decryption shares or re-encryption proofs.
- Checking that other trustees did their steps correctly (zero-knowledge proofs for correct shuffling, etc.).
---
# 3. Voter Application
## 3.1 Voter Client (Mobile App or Web Interface)
- **Purpose**: The main tool voters use to participateâ**before**, **during**, and **after** the election.
- **Functionalities**:
1. **Registration Linking**:
- Voter goes in-person to an election office or uses an online KYC process.
- Voter obtains or confirms their **long-term (âKYC-boundâ) key**. The client can store it securely (or the voter just logs in to a âvoter accountâ).
2. **Ephemeral Key Generation**:
- Create an ephemeral key pair (\(nsec_e, npub_e\)) locally.
- Blind \(\npub_e\) and send it to the EA for signing.
- Unblind the returned signature.
- Store \(\npub_e\) + EAâs signature for use during voting.
3. **Ballot Composition**:
- Display candidates/offices to the voter.
- Let them select choices.
- Possibly generate zero-knowledge proofs (ZKPs) behind the scenes to confirm âexactly one choice per race.â
4. **Encryption & OTS Timestamp**:
- Encrypt the ballot under the electionâs **public** (threshold) key or produce a format suitable for a mix-net.
- Obtain an **OpenTimestamps** proof for the ballotâs hash.
5. **Publish Ballot**:
- Sign the entire âtimestamped ballotâ with the ephemeral key.
- Include the EAâs blind signature on \(\npub_e\).
- Post to the Nostr relays (or any chosen decentralized channel).
6. **Re-Voting**:
- If the user needs to change their vote, the client repeats the encryption + OTS step, publishes a new ballot with a strictly later OTS anchor.
7. **Verification**:
- After the election, the voter can check that their final ballot is present in the tally set.
## 3.2 Local Storage / Security
- The app must securely store:
- **Ephemeral private key** (\(nsec_e\)) until voting is complete.
- Potential backup/recovery mechanism if the phone is lost.
- Blind signature from the EA on \(\npub_e\).
- Potentially uses hardware security modules (HSM) or secure enclaves on the device.
---
# 4. Nostr Relays (or Equivalent Decentralized Layer)
- **Purpose**: Store and replicate voter-submitted ballots (events).
- **Key Properties**:
1. **Redundancy**: Voters can post to multiple relays to mitigate censorship or downtime.
2. **Public Accessibility**: Auditors, the EA, and the public can fetch all events to verify or tally.
3. **Event Filtering**: By design, watchers can filter events with certain tags, e.g. âelection: 2025 County Race,â ensuring they gather all ballots.
---
# 5. Threshold Cryptography Setup
## 5.1 Multi-Seg (Multi-Party) Key Generation
- **Participants**: Possibly the EA + major candidates + accredited observers.
- **Process**: A **Distributed Key Generation (DKG)** protocol that yields a single **public** encryption key.
- **Private Key Shares**: Each trustee holds a piece of the decryption key; no single party can decrypt alone.
## 5.2 Decryption / Tally Mechanism
- **Homomorphic Approach**:
1. Ballots are *additively* encrypted.
2. Summation of ciphertexts is done publicly.
3. Trustees provide partial decryptions for the final sum.
- **Mix-Net Approach**:
1. Ballots are collected.
2. Multiple servers shuffle and re-encrypt them (each trustee verifies correctness).
3. Final set is decrypted, but the link to each ephemeral key is lost.
## 5.3 Trustee Interfaces
- **Separate or integrated into the auditor interface**âeach trustee logs in and provides their partial key share for decrypting the final result.
- Possibly combined with ZK proofs to confirm correct partial decryption or shuffling.
---
# 6. OpenTimestamps (OTS) or External Time Anchor
## 6.1 Aggregator Service
- **Purpose**: Receives a hash from the voterâs app, anchors it into a blockchain or alternative time-stamping system.
- **Result**: Returns a proof object that can later be used by any auditor to confirm the time/block height at which the hash was included.
## 6.2 Verifier Interface
- Could be part of the **auditor tool** or the **voter client**.
- Checks that each ballotâs OTS proof is valid and references a block/time prior to the electionâs closing.
---
# 7. Registration Process (In-Person or Hybrid)
1. **Voter presents ID** physically at a polling station or a designated office (or an online KYC approach, if legally allowed).
2. **EA official**:
- Confirms identity.
- Links the voter to a âvoter recordâ (Voter #12345).
- Authorizes them for â1 ephemeral key blind-sign.â
3. **Voter obtains or logs into the voter client**:
- The app or website might show âYou are now cleared to request a blind signature from the EA.â
- Voter later (or immediately) generates the ephemeral key and requests the blind signature.
---
# 8. Putting It All Together (High-Level Flow)
1. **Key Setup**
- The EA + trustees run a DKG to produce the **election public key**.
2. **Voter Registration**
- Voter is validated (ID check).
- Marked as eligible in the EA database.
3. **Blind-Signed Ephemeral Key**
- Voterâs client generates a key, blinds \(\npub_e\), obtains EAâs signature, unblinds.
4. **Voting**
1. Voter composes ballot, encrypts with the election public key.
2. Gets OTS proof for the ballot hash.
3. Voterâs ephemeral key signs the entire package (including EAâs signature on \(\npub_e\)).
4. Publishes to Nostr.
5. **Re-Voting** (Optional)
- Same ephemeral key, new OTS timestamp.
- Final ballot is whichever has the latest valid timestamp before closing.
6. **Close of Election & Tally**
1. EA announces closing.
2. Tally software (admin + auditors) collects ballots from Nostr, discards invalid duplicates.
3. Threshold decryption or mix-net to reveal final counts.
4. Publish final results and let auditors verify everything.
---
# 9. Summary of Major Components
Below is a succinct list:
1. **EA Admin Platform**
- Web UI for officials (registration, blind signature issuing, final tally management).
- Backend DB for voter records & authorized ephemeral keys.
2. **Auditor/Trustee Platforms**
- Web interface for verifying ballots, partial decryption, and final results.
3. **Voter Application (Mobile / Web)**
- Generating ephemeral keys, getting blind-signed, casting encrypted ballots, re-voting, verifying included ballots.
4. **Nostr Relays (Decentralized Storage)**
- Where ballots (events) are published, replicated, and fetched for final tally.
5. **Threshold Cryptography System**
- Multi-party DKG for the election key.
- Protocols or services for partial decryption, mix-net, or homomorphic summation.
6. **OpenTimestamps Aggregator**
- Service that returns a blockchain-anchored timestamp proof for each ballotâs hash.
## Additional Implementation Considerations
- **Security Hardening**:
- Using hardware security modules (HSM) for the EAâs blind-signing key, for trustee shares, etc.
- **Scalability**:
- Handling large numbers of concurrent voters, large data flows to relays.
- **User Experience**:
- Minimizing cryptographic complexity for non-technical voters.
- **Legal and Procedural**:
- Compliance with local laws for in-person ID checks, mandatory paper backups (if any), etc.
---
## Final Note
While each **functional block** can be designed and deployed independently (e.g., multiple aggregator services, multiple relays, separate tally servers), the **key** to a successful system is **interoperability** and **careful orchestration** of these componentsâensuring strong security, a straightforward voter experience, and transparent auditing.
nostr:naddr1qqxnzde5xq6nzv348yunvv35qy28wue69uhnzv3h9cczuvpwxyargwpk8yhsygxpax4n544z4dk2f04lgn4xfvha5s9vvvg73p46s66x2gtfedttgvpsgqqqw4rs0rcnsu
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@ 67403b2c:27b48c7a
2025-02-25 21:55:42
Sexual identityâhow one thinks of oneself in terms of romantic and sexual attractionâis among the most profound aspects of human experience. Understanding and accepting one's orientation often involves a complex journey of self-discovery that deserves compassion and patience.
Sexual orientation exists on a spectrum rather than in rigid categories, encompassing heterosexual, homosexual, bisexual, asexual, and other identities that reflect human diversity. For many, this identity may be fluid and evolve over time. While some people report knowing their orientation from a young age, others may not fully realize it until later in life, often experiencing periods of questioning and uncertaintyâespecially if their identity differs from familial or societal expectations.
The path to self-acceptance frequently requires overcoming internalized negative messages from family, religious backgrounds, or cultural sources. Support systems are crucial in this process, whether through accepting family members, supportive friends, LGBTQ+ communities, or professional counseling. These connections provide safe spaces for exploration and validation.
Education about human sexuality's diversity, including biological and psychological research, helps combat harmful myths and normalize varying orientations. Coming outâsharing one's identity with othersâshould happen on one's own timeline, with safety and readiness as primary considerations. Some choose to come out widely, others selectively, and both approaches are valid.
True self-acceptance doesn't mean eliminating all doubt, but rather developing a fundamentally positive attitude toward one's identity while acknowledging that challenges may arise. This acceptance often leads to more authentic relationships and stronger self-awareness.
While society's understanding of diverse sexual identities has grown significantly, discrimination persists, making internal acceptance and resilience crucial. The intersection of sexual identity with race, culture, religion, and gender adds complexity, as individuals navigate multiple cultural contexts and varying community attitudes.
Research consistently shows that LGBTQ+ individuals who achieve greater self-acceptance experience better mental health outcomes, highlighting the importance of supportive environments and accessible resources.
## Conclusion
The journey of understanding and accepting one's sexual identity, while sometimes challenging, leads to more authentic relationships and fuller self-expression. Everyone deserves support, respect, and the freedom to be exactly who they are, wherever they are in their journey.
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@ 67403b2c:27b48c7a
2025-02-25 21:54:41
**Key Takeaways:**
- Understanding the difference between revolutionaries and rebels
- Exploring mindful rebellion through acceptance and flow
- Practical approaches to authentic living and personal freedom
- Natural resistance versus ideological revolution
- Mindfulness and present-moment awareness in rebellion
## Introduction: The Nature of True Rebellion
> *"Don't become a revolutionary; become a rebel. A rebel is one who has no ideology, no ideals, who has nothing to impose upon himself, who takes life as it comes and takes it easily, who enjoys it, dances it and sings it."*
> **â Osho**
### What Makes a Rebel Different from a Revolutionary?
I am not a revolutionary. The weight of ideology holds no power over me, nor do I carry grand visions to force upon an unwilling world. I am, simply and profoundly, a rebel â one who embraces life's raw essence, unburdened by the shackles of ideals or the compulsion to remake what is.
Where revolutionaries march with fury toward tomorrow, I dance in the eternal now. Their hearts burn with the need to demolish and rebuild, to reshape reality according to their dreams. But I have learned the art of being, the wisdom of acceptance, the freedom found in surrender to life's endless flow.
## Understanding the Art of Being Present
### Embracing Life's Natural Flow
I take life as it appears before me â a vast tapestry of moments, each thread essential to the whole. In joy, I soar; in sorrow, I dive deep. Beauty fills my senses, while pain teaches its ancient lessons. I stand witness to it all, neither fighting against perceived injustices nor struggling to craft utopia from chaos. For in the pursuit of perfection, we lose the profound beauty of the imperfect present.
### Mindful Experience and Emotional Intelligence
Each experience washes over me like waves on the shore, leaving its mark before receding into memory. I taste life's flavors fully â bitter and sweet, subtle and overwhelming. When laughter bubbles up, I let it ring; when tears fall, I let them flow. When love fills my heart, I become love itself; when hurt finds me, I embrace it as another face of living. This is the wholeness I seek â not a carefully curated existence, but life in all its messy, glorious entirety.
## The Path of Natural Resistance
### Finding Freedom Through Acceptance
Free from the burden of ideals, I need not contort myself to match another's vision of righteousness. Like water finding its path downhill, I flow naturally through the landscape of existence, adapting to what lies before me rather than demanding the mountain step aside.
### Living the Rebel's Way
This, then, is the rebel's way â not to lead armies of change or craft manifestos of revolution, but to move in harmony with life's own rhythm. My rebellion lies not in resistance but in acceptance, not in fighting but in flowing, not in changing the world but in fully inhabiting it. I dance to the music of my own heart's truth, and in this simple act lies all the rebellion I will ever need.
## Conclusion: A Personal Declaration of Freedom
*This is my manifesto.
Not carved in stone or written in fire,
but flowing like water,
changing like clouds,
free like the wind.
This is my rebellion â
to simply, radically be.*
---
**Related Topics:**
- Mindfulness and presence
- Personal freedom
- Authentic living
- Natural resistance
- Flow state
- Emotional wisdom
- Self-acceptance
*[* *[Author's Note: This manifesto explores the distinction between revolutionary ideology and authentic rebellion, offering insights into mindful living and personal freedom. It draws from philosophical traditions of mindfulness, Taoism, and contemporary personal development practices.]*
---
### Support the Rebellion
In the spirit of authentic rebellion, this manifesto flows freely like water â available to all who seek it. If these words have touched your spirit or shifted your perspective, consider supporting this ongoing exploration of freedom and consciousness.
Your support helps maintain this space of authentic expression and enables more rebels to find their path to freedom.
ð [Fuel the Rebellion](https://buymeacoffee.com/adontai)
*"Every drop joins the ocean of change."*
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@ 67403b2c:27b48c7a
2025-02-25 21:53:01
Have you ever wondered why Jewish people often say "Hashem" instead of "God"? This thoughtful practice goes far beyond simple word choiceâit reveals profound insights about respect, spirituality, and the sacred nature of language in Judaism.
## What Does "Hashem" Mean?
Hashemâliterally meaning "the Name" in Hebrewârepresents a tradition built on reverence and deep spiritual understanding. This practice stems from a fundamental Jewish belief: God's true name is too sacred for everyday use. When practitioners say Hashem, they acknowledge something profound about divinityâthat it transcends human comprehension.
## The Spiritual Impact of Sacred Language
Think about how you speak about someone you deeply respect. You likely choose your words carefully, right? The use of Hashem works similarly. Each time this substitute name is spoken, it creates a powerful reminder: we stand before something far greater than ourselves. This mindful approach to sacred language creates a unique space for spiritual connectionâintimate yet respectful, close yet maintaining appropriate distance.
## Understanding Hashem in a Global Context
Different religions worldwide have their own special names and titles for the divine. Each reveals unique perspectives on humanity's relationship with the sacred. Hashem offers a fascinating example of how language shapes spiritual experience and opens doors for meaningful interfaith dialogue.
## Why This Matters for Everyone
Even if you're not Jewish, this practice offers valuable insights into spirituality and language. It demonstrates how our word choices can profoundly impact our spiritual awareness and relationship with the sacred. Whether you're speaking about God, contemplating the divine, or discussing matters of faith, the language you choose shapes your experience.
## The Universal Message of Hashem
The practice of saying Hashem transcends religious boundaries. It touches on universal human experiences we all share:
- Our sense of awe before the infinite
- Our struggle to express the inexpressible
- Our quest to find appropriate ways to speak about what we hold most sacred
## Learn More About Jewish Traditions
Understanding practices like using Hashem helps build bridges between different faiths and cultures. It reminds us that despite our different traditions, we share common human experiences in our spiritual journeys.
---
*Did you find this guide helpful? Support more articles like this:*
[â ](https://buymeacoffee.com/adontai)[Buy Me a Coffee](https://buymeacoffee.com/adontai)
*Share this article with others interested in spiritual practices and interfaith understanding!*
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@ 67403b2c:27b48c7a
2025-02-25 21:51:16
## Quick Summary
- Location: Tampa Bay, Florida
- Urgent Need: $500 for extended stay housing
- Deadline: 48 hours (move-in by Wednesday/Thursday)
- Recent Victory: Job secured at ARS Rescue Rooter
- Current Status: Third night on streets
- Housing Solution: West Wing extended stay apartments near USF
## The Journey So Far
My first experience with homelessness began on January 11, 2022. Now, facing my fourth bout of homelessness in Tampa Bay, each return to the streets becomes increasingly dangerous. I've survived three separate attacks while homeless, and the constant vigilance required to stay safe takes a devastating toll.
## Breaking News: Job Secured
After countless applications and interviews, I've secured a position as HD Store Sales Associate at ARS Rescue Rooter! The background check is in progress, with work beginning February 13th. This isn't just employment â it's a chance to break the cycle of homelessness.
## The Housing Crisis: By the Numbers
- 500,000+ Americans experience homelessness nightly
- 27% caught in chronic homelessness
- Average 1-bedroom apartment requires $40,000/year income
- Only 25% of eligible households receive housing assistance
- Current hotel rates: $88-100/day, $120+ weekends
## The Immediate Challenge
I've found an affordable solution at West Wing extended stay apartments:
- Weekly rate: $500 (all utilities included)
- Monthly option: $1,400
- Location: Near USF campus
- Move-in ready: Yes
- Management: Willing to work with my situation
- Need: $500 for immediate move-in
## Why This Is Critical
1. Physical Safety: Nearly collapsed from exhaustion yesterday
2. Job Security: Need stable base before starting work
3. Financial Stability: Weekly pay will maintain housing once started
4. Breaking the Cycle: Opportunity to end homelessness permanently
## Financial Strategy for Stability
The path to sustainable housing requires careful planning. Here's the strategic approach:
### Initial Housing Buffer
- Need: $1,000 for two weeks' extended stay
- Purpose: Create financial cushion through first paycheck
- Timing: Move in before job starts February 13th
- Goal: Avoid costly temporary hotel stays ($88-100/night)
### Payment Timeline Strategy
1. Week One: Community-supported housing payment ($500)
2. Week Two: Job begins, first week worked ($500 buffer active)
3. Week Three: First paycheck received, begins regular payment cycle
4. Week Four: Establish stable weekly payment pattern
### Cost Comparison
Traditional Hotels vs. Extended Stay:
- Hotels: $88-100/night ($616-700/week)
- Weekend rates: $120+/night
- Extended Stay: $500/week all-inclusive
- Monthly option: $1,400 (additional savings)
### Why Two Weeks Matter
- First week: Secure immediate housing
- Second week: Buffer during pay period transition
- Prevents falling back to expensive hotels
- Ensures stable foundation for job success
- Avoids gaps in housing security
- Transition from weekly to monthly payments
- Save $200+ per month vs. weekly rates
- Establish rental history for future housing
- Create non-profit organization focused on:
- Ending homelessness worldwide
- Providing immediate housing solutions
- Developing sustainable support systems
- Sharing lived experience expertise
- Building community-based intervention programs
- Breaking cycles of homelessness globally
- Creating replicable housing solutions
- Advocating for systemic change
This strategic approach ensures:
1. No gaps in housing during job transition
2. Maximum cost efficiency
3. Path to long-term stability
4. Foundation for future independence
5. Platform to help others escape homelessness
6. Opportunity to transform personal struggle into global impact
## How You Can Help
Immediate Actions:
1. Contribute through [Buy Me a Coffee](https://buymeacoffee.com/adontai)
2. Share this story on social media
3. Follow updates on Twitter [@adontaim](https://twitter.com/adontaim)
4. Connect with resources or housing solutions
## Related Resources
Learn more about homelessness in Tampa Bay:
- [The Hidden Dimensions of Homelessness](https://posts.type.ai/the-torah-of-traie/the-hidden-dimensions-of-homelessness) - An exploration of the often-overlooked aspects of homeless life and the daily realities faced by those experiencing it.
- [Surviving Florida's Anti-Homeless Laws](https://posts.type.ai/the-torah-of-traie/surviving-floridas-anti-homeless-laws) - A detailed look at the legal challenges and systemic barriers that make escaping homelessness increasingly difficult in Florida.
- [Surviving the In-Between](https://posts.type.ai/the-torah-of-traie/surviving-the-in-between) - A personal account of navigating the challenging transition periods between housing and homelessness.
- [Surviving Homelessness Alone](https://posts.type.ai/the-torah-of-traie/surviving-homelessness-alone) - An intimate look at the unique challenges and strategies for surviving homelessness without a support system.
- [Invisible Battles: The Silent Struggle](https://posts.type.ai/the-torah-of-traie/invisible-battles-the-silent-struggle) - A deep dive into the unseen mental and emotional challenges faced while experiencing homelessness.
These pieces provide additional context to my ongoing journey and highlight the complex intersections of personal struggle, public policy, and societal attitudes toward homelessness. Your engagement with these stories helps raise awareness about the real challenges faced by people experiencing homelessness in our community.
Thank you for taking the time to understand and share these experiences.
## Updates and Progress
Follow real-time updates across platforms:
- Twitter/X: [@adontaim](https://twitter.com/adontaim)
- Facebook: [facebook.com/adontai](https://facebook.com/adontai)
- Support Page: [buymeacoffee.com/adontai](https://buymeacoffee.com/adontai)
## Take Action Now
Every hour counts in this 48-hour window. Your support could be the difference between:
- Starting a new job from stable housing
- Continuing to sleep on the streets
- Breaking the cycle of homelessness
- Building a sustainable future
Share this story with anyone who might be able to help. Together, we can transform this opportunity into lasting stability.
\#TampaBay #Homelessness #CommunitySupport #EmergencyHousing #MutualAid
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@ 67403b2c:27b48c7a
2025-02-25 21:38:26
## The inconvenient truth about success that productivity gurus don't want you to know
"Just work harder."
If you're like me, you've heard this advice hundreds of times. It's plastered across LinkedIn posts, echoed in graduation speeches, and whispered in performance reviews. But here's what nobody tells you: it might be the most damaging piece of career advice ever given.
## The Religion of Hard Work
From an early age, we're indoctrinated into what I call "the religion of hard work." Its commandments are simple:
- Thou shalt hustle 24/7
- Thou shalt glorify the grind
- Thou shalt feel guilty about rest
We worship at the altar of productivity porn, sharing stories of self-made millionaires and pioneering entrepreneurs who "made it" through sheer force of will. The gospel is clear: work harder than everyone else, and success will follow.
But here's the inconvenient truth: it's mostly fiction.
## The Data Tells a Different Story
Let's look at what research actually shows:
- A 2022 study found that socioeconomic background was *twice* as predictive of career advancement as work ethic
- 77% of professionals report burnout at their current jobs
- Productivity *plummets* after 50 hours of work per week
- Working longer hours directly correlates with increased rates of depression and anxiety
Think about that for a second. We're killing ourselves for a promise that data shows isn't even true.
## The Real Success Stories Nobody Talks About
The tech industryâmy world for the past decadeâprovides the perfect case study. For every "overnight success" story about a founder who worked 100-hour weeks, there are dozens of equally hard-working teams that failed. The difference? Usually not effort, but timing, connections, or plain old luck.
Remember Friendster? They worked just as hard as Facebook. MySpace? They grinded just like Twitter. The difference wasn't effortâit was everything else.
## The Nordic Model: Working Less, Achieving More
Here's what really bakes my noodle: the countries with the shortest working hours often have the highest productivity and happiness levels. Take Denmark and Norway:
- Shorter workweeks
- More vacation time
- Higher productivity per hour
- Consistently ranked among the world's happiest nations
They've cracked the code that we're still trying to figure out: working smarter beats working harder.
## A Better Way Forward
Instead of measuring success in hours worked or sacrifices made, what if we measured it in:
- Mental health preserved
- Relationships strengthened
- Creative projects completed
- Life experiences gained
Companies like Buffer and Basecamp aren't just experimenting with this approachâthey're proving it works. Their four-day workweeks and "calm company" philosophies haven't hurt their bottom lines; they've helped them.
## The Real Revolution
The next time someone tells you to "just work harder," remember this: hard work has its place, but it's just one ingredient in a complex recipe. The real revolution isn't in grinding ourselves downâit's in building a life where success doesn't require sacrifice.
Because maybe, just maybe, the smartest thing we can do is stop working so hard at working hard.
---
*If this resonated with you, hit the subscribe button below. I write weekly about rethinking traditional career advice and finding better ways to define and achieve success.*
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@ 67403b2c:27b48c7a
2025-02-25 21:37:22
The heat was relentlessâa suffocating force that offered no refuge. Our world shrank to the confines of portable toilets and the fleeting mercy of a mobile shower truck. Even the simple dignity of clean clothes hung precariously on the whims of a laundry service that weaponized access as a form of control.
We lived under the weight of an institutional facade, where arbitrary rules served not order but power. Minutes late to retrieve laundry? The facility would shut down for the day. Showers became bargaining chips, withdrawn for imagined infractions. The computer room, our sole sanctuary of climate control, stood as a cruel mirageâperpetually promised, perpetually denied. Only the Wi-Fi remained steadfast, a digital umbilical cord to the world beyond our suspended reality.
In this liminal space between citizen and prisoner, I discovered an unexpected salvation in vulnerability. The act of opening up to my family about my circumstances didn't just halve the burdenâit restored a piece of my humanity. Yet even now, with those days behind me, the memories trigger visceral responses that ripple through my body like aftershocks of trauma.
The path to homelessness is a gradual unraveling. One moment, you're maintaining a precarious balance of employment and housing; the next, you're watching that fragile stability dissolve. The stress manifests physicallyâa constant companion that transforms into waves of terror and overwhelming dread. Even now, recounting these experiences summons that familiar tide of panic, threatening to pull me under.
Survival mode rewires your priorities with brutal efficiency. When shelter becomes uncertain, the body's response is primal and absolute:
- Communications fade to white noise
- Basic needs become luxury items
- The world contracts to a single imperative: find safety
In these moments of acute crisis, even fundamental human needsâfood, connection, dignityâbecome secondary concerns. Shelter becomes an obsession, sought in any form: a public restroom, a quiet corner, any space that offers temporary reprieve from exposure.
The myth of multitasking crumbles when basic survival consumes every ounce of mental energy. Each day balances precariously on the edge of catastrophe, where the slightest disruption can trigger a cascade of survival responses. These aren't conscious choices but reflexive adaptationsâoften destructive, always necessary.
Walking through society wearing the invisible marks of homelessness teaches you about humiliation, but also about resilience. There's something profoundly dehumanizing about having your existence reduced to pure survival, yet within that stripped-down reality, hope persistsâstubborn and essential as a heartbeat. Every step forward becomes an act of reclaiming identity, even as worn clothes and weathered dignity remind you of the distance still to travel.
This narrative transcends personal testimonyâit illuminates how survival consciousness reshapes human experience. My coping mechanisms, however imperfect, represent more than individual strategies; they reflect the universal human drive to preserve dignity in the face of systematic degradation. Through this lens, physical deprivation and emotional trauma reveal a deeper truth: resilience isn't about thriving, but about maintaining our essential humanity when circumstances conspire to strip it away.
# Garden of Modern Eden
Every Sunday, Adon watched Elder Clark stand at the pulpit, his voice carrying across the congregation like thunder. The elder preached about strength, about what made a "real man"âalways with those air quotes that made Adon's stomach turn.
After service one morning, Adon overheard Clark counseling another young man. "Stand alone. That's what men do. We don't need help, we don't ask for it." The words felt like stones dropping into Adon's chest, each one heavier than the last.
Adon thought about Steve waiting in their apartment, about the strength it took to be themselves in a world that seemed determined to deny their existence. He thought about Clark's daughter, who had transitioned years ago and now lived states away, sending only Christmas cards that were never acknowledged.
"Funny," Adon whispered to himself as he walked home that day, "how some people trust G_d with everything except the beautiful diversity of His creation." He smiled, finally understanding that true strength wasn't in standing aloneâit was in standing proudly as the person you were meant to be, even when others refused to see you. his voice carrying across the congregation like thunder. The elder preached about strength, about what made a "real man"âalways with those air quotes that made Adon's stomach turn.
After service one morning, Adon overheard Clark counseling another young man. "Stand alone. That's what men do. We don't need help, we don't ask for it." The words felt like stones dropping into Adon's chest, each one heavier than the last.
Adon thought about Steve waiting in their apartment, about the strength it took to be themselves in a world that seemed determined to deny their existence. He thought about Clark's daughter, who had transitioned years ago and now lived states away, sending only Christmas cards that were never acknowledged.
"Funny," Adon whispered to himself as he walked home that day, "how some people trust G_d with everything except the beautiful diversity of His creation." He smiled, finally understanding that true strength wasn't in standing aloneâit was in standing proudly as the person you were meant to be, even when others refused to see you.
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---
Love what you see? Support my work! â
Your coffee donations help fuel new content and keep this project going. I'd love to hear your thoughts and feedback too!
ð [Buy me a coffee at buymeacoffee.com/adontai](https://buymeacoffee.com/adontai)
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@ 3ad01248:962d8a07
2025-02-25 20:35:10
It has almost been a month since the Bitcoin friendly Trump administration has been in power. The Bitcoin price was riding high days before and after the election with Bitcoin reaching a new all time high of 109k. It sure seem like surely once Trump got into office the price would skyrocket and everyone finally would have lambos and girlfriends.
Sadly for the number go up crowd this didn't happen. There are no lambos to be found and no girlfriends. All we get is some sideways price action and a promise to look at creating a Strategic Bitcoin Reserve (BSR) or some kind of sovereign wealth fund.
If you are in Bitcoin for the right reasons and understand what you hold, this is the perfect time to stack sats before the price goes parabolic. I say this because Bitcoin sure seems to be poised to make a massive run. If you look past the current price of Bitcoin you can see a storm of dollars flowing into Bitcoin from the traditional fiat economy. The signs are there if you start looking for them.
## US States Creating Bitcoin Strategic Reserves
Guess how many states are considering creating a state level Bitcoin reserve of their own? Lots. Here is a list of states that are thinking about creating a reserve for their state:
- [Alabama](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#alabama)
- [Arizona](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#arizona)
- [Florida](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#florida)
- [Kansas](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#kansas)
- [Illinois](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#illinois)
- [Iowa](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#iowa)
- [Massachusetts](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#massachusetts)
- [Michigan](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#michigan)
- [Missouri](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#missouri)
- [Montana](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#montana)
- [New Hampshire](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#new-hampshire)
- [New Jersey](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#new-jersey)
- [New Mexico](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#new-mexico)
- [North Carolina](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#north-carolina)
- [North Dakota](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#north-dakota)
- [Ohio](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#ohio)
- [Pennsylvania](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#pennsylvania)
- [South Dakota](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#south-dakota)
- [Texas](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#texas)
- [Utah](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#utah)
- [Wisconsin](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#wisconsin)
- [Wyoming](https://crypto.news/the-list-us-states-embracing-bitcoin-reserves-growing/#wyoming)
Each state is at some varying degree of interest in creating a reserve. Texas and Arizona are by far have made the most progress on making a Bitcoin reserve a reality. [Texas is currently holding a public hearing on this at the time of this writing](https://bitcoinworld.co.in/texas-senate-bitcoin-reserve-hearing/). There is strong political will to create a reserve so I definitely can see them being first movers on this and once Texas makes it a reality the other state will move in short order.
[Arizona's strategic reserve bill passed the senate finance committee ](https://www.coinspeaker.com/arizona-senate-approves-strategic-bitcoin-reserve-bill/)on a 5-2 which is a big deal in itself but still has a long way to go before it becomes policy. If it passes the Senate it still has to pass the Arizona House of Representatives and signed by Democrat Governor Katie Hobbs, so the odds of this becoming law is slim. Arizona Democrats seem to be anti-Bitcoin in general and any bills coming from Republicans will likely be shoot down or watered down.
[Analysts believe that $23 billion could flow into Bitcoin](https://cryptopotato.com/us-state-strategic-bitcoin-reserves-could-buy-23b-in-btc-vaneck/) from government reserves which equates to 247k Bitcoin going into government cold storage. I have reservations about governments creating BSR's but if we are going to have them I much rather them be at the state level where it can benefit citizens the most. Especially state pension funds that so many of our firefighters, police and first responders depend on for retirement.
We will probably see a state level BSR created by the end of the year if not sooner. Time will tell.
### SAB 121 Repeal
What is SAB 121? SAB 121 or Staff Accounting Bulletin 121 made it problematic for financial institutions to custody digital assets such as Bitcoin for their customers. SAB 121 required institutions to record their holdings as a liability and not an asset.
Naturally banks and other financial institutions didn't see an upside to custody digital assets if it meant taking on liability and having an administration that was hostile to crypto in general. Why take the chance to piss off the government and give them a reason to go after you is probably the reasoning of most bank executives. SAB 121 achieved the goal the Biden administration set out to accomplish, namely stymie Bitcoin adoption by banks and individuals as long as possible.
[President Trump swiftly issued a executive order rescinding SAB 121](https://www.fireblocks.com/blog/the-repeal-of-sab-121-a-new-chapter-for-u-s-leadership-in-crypto/) and with that ushering a new era in the realm of Bitcoin and digital assets in general. Financial institutions now have the ability to explore Bitcoin custody solutions that fit their customer's need without fear of having to record a liability on their books.
As more and more people and business learn about Bitcoin third party custody options are going to be popular. Think about it from a small business owner perspective for a second. They are in the business of selling their widgets for Bitcoin but they don't want to manage the complexity that comes with accounting, taxes etc.. In steps in their local bank that they have been with for years if not decades and starts providing Bitcoin management services. Small business owners would be all over that idea. In the long run I think the repeal of SAB 121 is going to be a bigger deal than states creating Bitcoin strategic reserves.
### FASB
Financial Accounting Standards Board or FASB for short has applied fair value accounting rules on Bitcoin and other digital assets. This is a huge deal because it will allow business to realize profit and losses of Bitcoin based on market prices. It also makes it easier for investors who evaluate businesses that hold Bitcoin on their balance sheet. Overall it treats Bitcoin like any other asset that a business would hold.
This accounting rule change will pave the way for more businesses to put Bitcoin on their balance sheet further driving demand for Bitcoin.
#### Lightning Companies Leading The Way
We all know that L1 Bitcoin can not scale to the entire world and that in order to bring more people into Bitcoin that layer two solutions would have to be built. This has largely been done with the creation of the lightning network which enables seamless peer to peer micropayments in the blink of an eye.
Base layer Bitcoin will certain not be used to buy your daily coffees or gym memberships but lightning will be used for that purpose. Businesses small and large will demand one click on demand solutions to help them accept Bitcoin payments for their businesses. There are plenty of Bitcoin business ready to help business adopt a Bitcoin standard.
Businesses such as [Opennode,](https://opennode.com/) [Zaprite](https://zaprite.com/), [Voltage](https://www.voltage.cloud/), [Breez](https://breez.technology/) make switching over to a Bitcoin standard easy for businesses to do.
So when you take a step back and really look at the Bitcoin ecosystem it is a lot more mature than most give it credit for and will slowly eat away at fiat currency dominance around the world.
The best thing that you can do is be patient, stack as many sats as you can and educate others about Bitcoin. We all know how fiat currencies end. Our time will come.
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@ c1e9ab3a:9cb56b43
2025-02-25 19:49:28
# 1. Introduction
Modern election systems must balance **privacy** (no one sees how individuals vote) with **public verifiability** (everyone can confirm the correctness of the tally). Achieving this in a decentralized, tamper-resistant manner remains a challenge. Nostr (a lightweight protocol for censorship-resistant communication) offers a promising platform for distributing and archiving election data (ballots) without relying on a single central server.
This paper presents a design where:
1. Each *voter* generates a **new ephemeral Nostr keypair** for an election.
2. The election authority (EA) **blind-signs** this ephemeral public key (npub) to prove the voter is authorized, without revealing which voter owns which ephemeral key.
3. Voters cast *encrypted ballots* to Nostr relays, each carrying an **OpenTimestamps** proof to confirm the ballotâs time anchor.
4. **Re-voting** is allowed: a voter can replace a previously cast ballot by publishing a *new* ballot with a *newer* timestamp.
5. Only the *latest valid ballot* (per ephemeral key) is counted.
We combine well-known cryptographic primitivesâ**blind signatures**, **homomorphic or mix-net encryption**, **threshold key management**, and **time anchoring**âinto an end-to-end system that preserves anonymity, assures correctness, and prevents double-voting.
---
# 2. Roles and Components
## 2.1 Voters
- **Long-Term (âKYC-boundâ) Key**: Each voter has some identity-verified Nostr public key used only for official communication with the EA (not for voting).
- **Ephemeral Voting Key**: For each election, the voter **locally generates** a new Nostr keypair \((nsec_e, npub_e)\).
- This is the âone-timeâ identity used to sign ballots.
- The EA never learns the real identity behind \(\npub_e\) because of **blinding**.
## 2.2 Election Authority (EA)
- Maintains the **official voter registry**: who is entitled to vote.
- **Blind-Signs** each valid voterâs ephemeral public key to authorize exactly one ephemeral key per voter.
- Publishes a **minimal voter roll**: e.g., âVoter #12345 has been issued a valid ephemeral key,â without revealing which ephemeral key.
## 2.3 Nostr Relays
- Decentralized servers that store and forward events.
- Voters post their ballots to relays, which replicate them.
- No single relay is critical; the same ballot can be posted to multiple relays for redundancy.
## 2.4 Cryptographic Framework
1. **Blind Signatures**: The EA signs a blinded version of \(\npub_e\).
2. **Homomorphic or Mix-Net Encryption**: Ensures the content of each ballot remains private; only aggregate results or a shuffled set are ever decrypted.
3. **Threshold / General Access Structure**: Multiple trustees (EA plus candidate representatives, for example) must collaborate to produce a final decryption.
4. **OpenTimestamps (OTS)**: Attaches a verifiable timestamp proof to each ballot, anchoring it to a blockchain or other tamper-resistant time reference.
---
# 3. Protocol Lifecycle
This section walks through **voter registration**, **ephemeral key authorization**, **casting (and re-casting) ballots**, and finally the **tally**.
## 3.1 Registration & Minimal Voter Roll
1. **Legal/KYC Verification**
- Each real-world voter proves their identity to the EA (per legal procedures).
- The EA records that the voter is eligible to cast one ballot, referencing their long-term identity key (\(\npub_{\mathrm{KYC}}\)).
2. **Issue Authorization âSlotâ**
- The EAâs voter roll notes âthis person can receive exactly one blind signature for an ephemeral key.â
- The roll does *not* store an ephemeral keyâjust notes that it can be requested.
## 3.2 Generating and Blinding the Ephemeral Key
1. **Voter Creates Ephemeral Key**
- Locally, the voterâs client generates a fresh \((nsec_e, npub_e)\).
2. **Blinding**
- The client blinds \(\npub_e\) to produce \(\npub_{e,\mathrm{blinded}}\). This ensures the EA cannot learn the real \(\npub_e\).
3. **Blind Signature Request**
- The voter, using their **KYC-bound key** (\(\npub_{\mathrm{KYC}}\)), sends \(\npub_{e,\mathrm{blinded}}\) to the EA (perhaps via a secure direct message or a âgiftwrapped DMâ).
- The EA checks that this voter has not already been issued a blind signature.
- If authorized, the EA signs \(\npub_{e,\mathrm{blinded}}\) with its private key and returns the blinded signature.
4. **Unblinding**
- The voterâs client unblinds the signature, obtaining a **valid signature** on \(\npub_e\).
- Now \(\npub_e\) is a **blinded ephemeral public key** that the EA has effectively âauthorized,â without knowing which voter it belongs to.
5. **Roll Update**
- The EA updates its minimal roll to note that âVoter #12345 received a signature,â but does *not* publish \(\npub_e\).
## 3.3 Casting an Encrypted Ballot with OpenTimestamps
When the voter is ready to vote:
1. **Compose Encrypted Ballot**
- The ballot can be **homomorphically** encrypted (e.g., with Paillier or ElGamal) or structured for a **mix-net**.
- Optionally include Zero-Knowledge Proofs (ZKPs) showing the ballot is valid (one candidate per race, etc.).
2. **Obtain OTS Timestamp**
- The voterâs client computes a **hash** \(H\) of the ballot data (ciphertext + ZKPs).
- The client sends \(H\) to an **OpenTimestamps** aggregator.
- The aggregator returns a **timestamp proof** verifying that âthis hash was seen at or before block/time \(T\).â
3. **Create a âTimestamped Ballotâ Payload**
- Combine:
1. **Encrypted ballot** data.
2. **OTS proof** for the hash of the ballot.
3. **EAâs signature** on \(\npub_e\) (the blind-signed ephemeral key).
4. A final **signature** by the voterâs ephemeral key \((nsec_e)\) over the entire package.
4. **Publish to Nostr**
- The voter posts the complete âtimestamped ballotâ event to one or more relays.
- Observers see âan event from ephemeral key \(\npub_e\), with an OTS proof and the EAâs blind signature,â but cannot identify the real voter or see the voteâs contents.
### 3.4 Re-Voting (Updating the Ballot)
If the voter wishes to revise their vote (due to coercion, a mistake, or simply a change of mind):
1. **Generate a New Encrypted Ballot**
- Possibly with different candidate choices.
2. **Obtain a New OTS Proof**
- The new ballot has a fresh hash \(H'\).
- The OTS aggregator provides a new proof anchored at a *later* block/time than the old one.
3. **Publish the Updated Ballot**
- Again, sign with \(\npub_e\).
- Relays store both ballots, but the *newer* OTS timestamp shows which ballot is âfinal.â
**Rule**: The final vote for ephemeral key \(\npub_e\) is determined by the ballot with the **highest valid OTS proof** prior to the electionâs closing.
## 3.5 Election Closing & Tally
1. **Close Signal**
- At a specified time or block height, the EA publishes a âclosing token.â
- Any ballot with an OTS anchor referencing a time/block *after* the closing is invalid.
2. **Collect Final Ballots**
- Observers (or official tally software) gather the *latest valid* ballot from each ephemeral key.
- They confirm the OTS proofs are valid and that no ephemeral key posted two different ballots with the **same** timestamp.
3. **Decryption / Summation**
- If homomorphic, the system sums the encrypted votes and uses a **threshold** of trustees to decrypt the aggregate.
- If a mix-net, the ballots are shuffled and partially decrypted, also requiring multiple trustees.
- In either case, individual votes remain hidden, but the final counts are revealed.
4. **Public Audit**
- Anyone can fetch all ballots from the Nostr relays, verify OTS proofs, check the EAâs blind signature, and confirm no ephemeral key was used twice.
- The final totals can be recomputed from the publicly available data.
---
# 4. Ensuring One Vote Per Voter & No Invalid Voters
1. **One Blind Signature per Registered Voter**
- The EAâs internal list ensures each real voter only obtains one ephemeral key signature.
2. **Blind Signature**
- Ensures an *unauthorized* ephemeral key cannot pass validation (forging the EAâs signature is cryptographically infeasible).
3. **Public Ledger of Ballots**
- Because each ballot references an EA-signed key, any ballot with a fake or duplicate signature is easily spotted.
---
# 5. Security and Privacy Analysis
1. **Voter Anonymity**
- The EA never sees the unblinded ephemeral key. It cannot link \(\npub_e\) to a specific person.
- Observers only see âsome ephemeral key posted a ballot,â not the real identity of the voter.
2. **Ballot Secrecy**
- **Homomorphic Encryption** or **Mix-Net**: no one can decrypt an individual ballot; only aggregated or shuffled results are revealed.
- The ephemeral key used for signing does not decrypt the ballotâthe electionâs threshold key does, after the election.
3. **Verifiable Timestamping**
- **OpenTimestamps** ensures each ballotâs time anchor cannot be forged or backdated.
- Re-voting is transparent: a later OTS proof overrides earlier ones from the same ephemeral key.
4. **Preventing Double Voting**
- Each ephemeral key is unique and authorized once.
- Re-voting by the same key overwrites the old ballot but does not *increase* the total count.
5. **Protection Against Coercion**
- Because the voter can re-cast until the deadline, a coerced vote can be replaced privately.
- No receipts (individual decryption) are possibleâonly the final aggregated tally is revealed.
6. **Threshold / Multi-Party Control**
- Multiple trustees must collaborate to decrypt final results, preventing a single entity from tampering or prematurely viewing partial tallies.
---
# 6. Implementation Considerations
1. **Blind Signature Techniques**
- Commonly implemented with RSA-based Chaumian blind signatures or BLS-based schemes.
- Must ensure no link between \(\npub_{e,\mathrm{blinded}}\) and \(\npub_e\).
2. **OpenTimestamps Scalability**
- If millions of voters are posting ballots simultaneously, multiple timestamp aggregators or batch anchoring might be needed.
- Verification logic on the client side or by public auditors must confirm each OTS proofâs integrity.
3. **Relay Coordination**
- The system must ensure no single relay can censor ballots. Voters may publish to multiple relays.
- Tally fetchers cross-verify events from different relays.
4. **Ease of Use**
- The user interface must hide the complexity of ephemeral key generation, blind signing, and OTS proof retrievalâmaking it as simple as possible for non-technical voters.
5. **Legal Framework**
- If law requires publicly listing which voters have cast a ballot, you might track âVoter #12345 used their ephemeral keyâ without revealing the ephemeral key. Or you omit that if secrecy about *who voted* is desired.
6. **Closing Time Edge Cases**
- The system uses a *block/time anchor* from OTS. Slight unpredictability in block generation might require a small buffer around the official close. This is a policy choice.
---
# 7. Conclusion
We propose an **election system** that leverages **Nostr** for decentralizing ballot publication, **blinded ephemeral keys** for robust voter anonymity, **homomorphic/mix-net encryption** for ballot secrecy, **threshold cryptography** for collaborative final decryption, **OpenTimestamps** for tamper-proof time anchoring, and **re-voting** to combat coercion.
**Key Advantages**:
1. **Anonymity**: The EA cannot link ballots to specific voters.
2. **One Voter, One Credential**: Strict enforcement through blind signatures.
3. **Verifiable Ordering**: OTS ensures each ballot has a unique, provable time anchor.
4. **Updatability**: Voters can correct or override coerced ballots by posting a newer one before closing.
5. **Decentralized Audit**: Anyone can fetch ballots from Nostr, verify the EAâs signatures and OTS proofs, and confirm the threshold-decrypted results match the posted ballots.
Such a design shows promise for secure, privacy-preserving **digital elections**, though real-world deployment will require careful **policy, legal, and usability** considerations. By combining cryptography with decentralized relays and an external timestamp anchor, the system can uphold both **individual privacy** and **publicly auditable correctness**.
-
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@ 6e0ea5d6:0327f353
2025-02-25 19:39:35
People naturally gravitate toward what they are already good at, often neglecting the development of complementary essential skillsâcreating an asymmetric growth. However, this common imbalance is a mistake we donât have to repeat.
To stand out, one must seek completeness.
If you possess natural intelligence, donât rely solely on itâstrengthen your body through physical training or martial arts.
If you are naturally athletic, nourish your mind with great books and intellectual content.
Aspiring to excellence demands this balance:
When your ambition is to be a king, you must first become a warrior-scholar.
Staying on the throne depends precisely on this deliberate fusion of seemingly opposite strengths.
"The society that separates its scholars from its warriors will have its thinking done by cowards and its fighting done by fools."
â Thucydides
"If your son is quiet and intelligent, emphasize boldness, leadership, and physicality. If your son is tall and impulsive, emphasize learning, mindfulness, and critical thinking. You cannot be a complete man when you only have 50% of the equation."
Thank you for reading, my friend!
If this message resonated with you, consider leaving your "ðĨ" as a token of appreciation.
A toast to our family!
-
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@ 8da249fe:ecc00e09
2025-02-25 18:25:37
à um sistema eletrÃīnico de dinheiro P2P, ou seja, ÃĐ uma forma de dinheiro essencialmente digital, onde as pessoas podem transacionar sem precisar de um intermediÃĄrio ou estar sujeito a autoridades centralizadas (Sistema Financeiro Governamental).
Ou seja, nÃĢo hÃĄ nenhuma existe de "Casa da Moedas" que façam o controle de dinheiro circulante e factÃveis a movimentos artificiais de manejo de crises econÃīmicas que pioram o processo de estabilizaçÃĢo financeira. Para que o Bitcoin nÃĢo seja alvo de fraudes e golpes o controle ÃĐ feito por um sistema colaborativo de todos os usuÃĄrios que validam suas transferÊncias em um sistema de audiçÃĢo que chamamos de blockchain.
Como o Bitcoin funciona?
A moeda Bitcoin ÃĐ um item eletrÃīnico colecionÃĄvel criando de forma de ser induplicÃĄvel e nÃĢo copiÃĄvel. Este tipo de "arquivo" eletrÃīnico tem propriedades de dinheiro, quando hÃĄ o envio deste arquivo ÃĐ retirado do seu local de armazenamento e transferido para outro sem gerar cÃģpia. Todas as transferÊncias deste tipo de "arquivo" sÃĢo registradas em um livro contÃĄbel que tem o nome de blockchain.
Por isso que o Bitcoin ÃĐ de fato uma moeda e nÃĢo algo que possa ser um mÃĐtodo de estelionato. Pois hÃĄ uma auditoria voluntÃĄria de todos os usuÃĄrios na Blockchain garantindo que nÃĢo haja fraude e injeçÃĢo de Bitcoin de forma artificial no sistema.
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@ dbb19ae0:c3f22d5a
2025-02-25 18:20:15
Using Nostr_sdk 0.39 (Latest)
module to send dm
```python
# test with 0.39
# working
import asyncio
from nostr_sdk import Client, NostrSigner, Keys, PublicKey, init_logger, LogLevel
async def send_direct_message(nsec, recipient_npub, message):
init_logger(LogLevel.INFO)
sender_keys = Keys.parse(nsec)
sender_client = NostrSigner.keys(sender_keys)
client = Client(sender_client)
public_key = sender_keys.public_key()
print(f"From Public key (npub): {public_key.to_bech32()}")
await client.add_relay("wss://relay.damus.io")
await client.connect()
print(f"to Public key (npub): {recipient_npub}")
await client.send_private_msg(PublicKey.parse(recipient_npub), message, [])
await asyncio.sleep(10)
print(f"Message sent")
if __name__ == '__main__':
nsec = "nsec1 ... replace with your nsec"
recipient_npub = "npub ... replace with npub to send dm"
message = "Hello there, this is a message!"
asyncio.run(send_direct_message(nsec, recipient_npub, message))
```
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@ fe02e8ec:f07fbe0b
2025-02-25 18:15:55
Viele Menschen (und es werden bestÃĪndig mehr) stellen sich inzwischen die Frage, ob die massiven Eingriffe in unser Leben mit dem Argument der ÂŦKlimarettungÂŧ noch in einem gesunden VerhÃĪltnis stehen. Ob De-Industrialisierung, StromausfÃĪlle, Autos mit 500 kg schweren Batterien oder riesige Windparks wirklich das Klima ÂŦrettenÂŧ werden. Doch die Frage ist falsch gestellt. Denn erstens kann das Klima nicht ÂŦgerettetÂŧ werden. Vor wem oder was denn soll eine statistische GrÃķÃe, die Þber 30 Jahre hinweg gemittelt wird, gerettet werden? Das ist natÞrlich Unfug. Es geht eigentlich darum, die *Lebensbedingungen fÞr uns Menschen* auf der Erde in einem gut vertrÃĪglichen Zustand zu halten. Das sagt aber keiner, denn es kÃķnnte auch ein wenig egoistisch klingen, deshalb ist es viel ehrenvoller, das Klima oder gleich ÂŦGaiaÂŧ zu retten. Dies ist tatsÃĪchlich ein wesentlicher *moralischer* Unterschied. Denn wenn ich fÞr ÂŦdas KlimaÂŧ oder ÂŦMutter ErdeÂŧ kÃĪmpfe, dann kÃĪmpfe ich selbstlos fÞr etwas absolut Gutes. Kein Mensch wÞrde auf die Idee kommen, diesen Einsatz negativ zu bewerten.
Nun zum Kampf um den *Erhalt von fÞr uns Menschen gÞnstigen Lebensbedingungen*. Was zweifellos ÃĪuÃerst wichtig und geboten ist. Um diese Anstrengung uneingeschrÃĪnkt gut zu finden, ist es *notwendig, den Menschen selbst*, die Menschheit, *gut zu finden*. Denn nur dann âšverdientâđ sie es, fÞr immer in einer lebenswerten Welt zu leben. Was aber, wenn man die Menschen fÞr gar nicht so gut, vielleicht sogar fÞr bÃķse und zerstÃķrerisch hÃĪlt? Ist dann die *Rettung einer fÞr den Menschen lebenswerten Erde* noch immer ein vollkommen gutes Ziel? Oder schwingt nicht auch ein Gedanke mit wie ÂŦwenn es den Menschen nicht mehr gÃĪbe, wÞrde es dem Klima endlich besser gehen?Âŧ oder ÂŦDie Erde hat einen Virus. Er heiÃt MenschÂŧ? Hier wird eine *moralische* Schuld aufgebaut, die dem entgegenkommt, was Menschen seit Jahrhunderten kennen: das GefÞhl, schuldig zu sein. ÂŦ*Jeder hat Schuld, da er von Natur aus bÃķse und sÞndig ist.Âŧ* Weshalb alle, die Zweifel an den CO2-Theorien ÃĪuÃern, nicht etwa zu Diskussionen aufgefordert werden, sondern als *Leugner* bezeichnet werden. Ganz so, wie wir es aus den Methoden der Schulderzeugung gewisser Institutionen kennen.
Doch damit nicht genug. Denn auf dieser Basis kÃķnnte man noch immer die Diskussion suchen, um herauszufinden, was denn nun die besten Bedingungen fÞr unser Leben sind. Doch wir alle wissen, dass das nicht geschieht. Es gibt keinerlei Diskussion Þber *die Auswirkungen der Klimapolitik auf gute Lebensbedingungen* (Nicht einmal angesichts der Tatsache, dass die allermeisten der KlimamaÃnahmen massiv der Natur schaden) oder die *VerhÃĪltnismÃĪÃigkeit dieser MaÃnahmen*. Und zwar aus einem ganz entscheidenden Grund: *Wenn die totale Vernichtung droht, so kann es keine VerhÃĪltnismÃĪÃigkeit geben*! Es ist dasselbe Vorgehen wie bei der ÂŦPandemieÂŧ: wenn der Tod von zig Millionen Menschen unmittelbar bevor steht, dann gibt es kein AbwÃĪgen, keine VerhÃĪltnismÃĪÃigkeit, keine Vernunftargumente mehr. Denn das ist das Prinzip dahinter: *Mache die Gefahr absolut und ermÃķgliche damit jede noch so extreme MaÃnahme*. In beiden FÃĪllen dienten und dienen einzig Modellrechnungen fÞr die Ausrufung der Katastrophe. Beim Virus war es das Imperial College in London (das fÞr Schweden eine 75-fach zu hohe Todeszahl ÂŦerrechnetÂŧ hatte), beim Klima ist es das IPCC, dessen Zweck ausschlieÃlich darin besteht, die menschengemachten Effekte auf das Klima zu prognostizieren (andere Effekte spielen praktisch keine Rolle). Beim Virus war es die Inzidenz, beim Klima sind es die Kipppunkte, die drohend in die Modellrechnungen eingebaut wurden. Denn diese Punkte haben alle eines gemeinsam: wenn sie erreicht werden, so gibt es kein ZurÞck mehr, dann ist die Katastrophe in voller Wucht Þber uns hereingebrochen. Dann droht die Vernichtung der gesamten Menschheit, allen Lebens und wir sind nur noch eine kleine Episode der planetaren Geschichte.
*Wann* ein Kipppunkt erreicht sein wird lÃĪsst sich prinzipiell nicht vorhersagen, da alles ein mehrfach gekoppeltes nichtlineares System darstellt. Der Schmetterlingseffekt in Potenz gewissermaÃen. Obwohl diese Klima-Gleichungen prinzipiell unlÃķsbar sind muss dennoch alles dafÞr getan werden, damit wir nicht in die NÃĪhe jener katastrophalen Punkte kommen. *NatÞrlich weià niemand, ob es diese Punkte wirklich gibt*, denn dazu mÞssten sie ja schon einmal beobachtet worden sein. Aber allein die MÃķglichkeit, dass es sie geben kÃķnnte und dass dann die totale Vernichtung Þber uns hereinbricht, genÞgt, um das Prinzip Vorsicht zu 100% walten zu lassen. *Denn wenn die Gefahr maximal ist â alles Leben wird zerstÃķrt â dann darf es kein Zaudern geben.*
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**Schuld und SÞnde**
Der Mensch ist bÃķse und schuldig. Das Thema Schuld ist absolut grundlegend fÞr den Erfolg des Narrrativs. Denn nur mit dieser ErzÃĪhlung sind die Menschen bereit, extreme MaÃnahmen und HÃĪrten in Kauf zu nehmen und sogar selbst dafÞr zu sorgen, dass sie eingehalten oder gar vorangetrieben werden (Klimakleber & Co.). Im Gegensatz zur Angsterzeugung, die permanent mit neuen schrecklichen Bildern und Geschichten angefacht werden muss, hat Schulderzeugung einen unschÃĪtzbaren Vorteil: sind die neuen Vorgaben erst einmal im Gewissen der Menschen verankert, so sorgt der eigene *Wunsch nach sozialem Passen* dafÞr, dass alles befolgt wird â ganz ohne weiteren ÃĪuÃeren Zwang! Bereits heute kÃķnnen Millionen Menschen CO2 und die erzeugende Industrie sowie Verbrennerfahrzeuge nur noch als bÃķse und gefÃĪhrlich denken. Wenn man ihnen sagen wÞrde, CO2 ist der NÃĪhrstoff aller Pflanzen und mehr wÃĪre besser, so wÞrde das ihren Denkrahmen vollkommen Þberfordern. Sie wÃĪren tatsÃĪchlich nicht in der Lage, diesen Gedanken zu denken. Es ginge nicht, Punkt. Das ist die Langfristwirkung von Indoktrination, von mÃĪchtigen Narrativen: *Dinge werden vollkommen undenkbar gemacht, sie werden zu gedanklichen Sperrgebieten.* Ein entscheidender Faktor ist auch hier - wie so oft â unsere Sprache. Allein beim Aussprechen oder Schreiben des Wortes ÂŦKlimawandelÂŧ denkt unser Gehirn das Wort ÂŦmenschengemachtÂŧ mit. Es wurde eine fast unlÃķsbare Verbindung geschaffen.
Fassen wir zusammen: wenn die Gefahr maximal ist, so kann es keine VerhÃĪltnismÃĪÃigkeit geben. Jede MaÃnahme â *absolut jede* â ist gerechtfertigt. AuÃerdem mÞssen die Schuldigen fÞr ihr Fehlverhalten bÞÃen, denn jeder Einzelne trÃĪgt persÃķnlich Verantwortung fÞr diese existenzielle Bedrohung. Nur Experten, Regierungen und vor allem globale Institutionen (WEF, UN etc.) kÃķnnen die Menschheit aus diesem Desaster erretten. Globale Probleme benÃķtigen globale Player, weshalb Landesgesetze weitgehend abgeschafft werden sollen.
**Der wahre Feind des Menschen ist der Mensch**
Und damit kommen wir zum entscheidenden Aspekt der Sache. Denn man kann sich bis hierhin noch immer fragen: weshalb das alles? Die Antwort wurde lÃĪngst gegeben, genauer gesagt im Jahr 1991:
*Auf der Suche nach einem gemeinsamen Feind, gegen den wir uns vereinen kÃķnnen, sind wir auf die Idee gekommen, dass Umweltverschmutzung, die drohende globale ErwÃĪrmung, Wasserknappheit, HungersnÃķte und Ãhnliches dafÞr infrage kommen âĶ Alle diese Gefahren sind durch menschliche Eingriffe in natÞrliche Prozesse verursacht und kÃķnnen nur durch verÃĪnderte Einstellungen und Verhaltensweisen Þberwunden werden. Der wahre Feind ist also der Mensch selbst.\
(*zum Beispiel [hier](https://historyheist.com/club-of-romes-report-the-first-global-revolution-in-searching-for-the-new-enemy-to-unite-us-we-came-up-with-the-threat-of-global-warming/), im englischen Original [The common enemy of humanity is Man](https://historyheist.com/club-of-romes-report-the-first-global-revolution-in-searching-for-the-new-enemy-to-unite-us-we-came-up-with-the-threat-of-global-warming/)).
Dieses Statement stammt von einem der bekanntesten und einflussreichsten Think Tanks der Welt, dem Club of Rome. Mit seinem Report ÂŦDie Grenzen des WachstumsÂŧ schufen sie 1972 erstmals eine dystopische Vision unserer Zukunft, nicht als Roman sondern als konkrete Prognose. Seither sind mehr als 50 Jahre vergangen und man kann feststellen, dass so gut wie *alle Vorhersagen falsch waren*. Komplett daneben liegend: weder sind Ãl oder Gas zu Ende gegangen (im Gegenteil, es werden laufend neue Vorkommen entdeckt) noch sind Milliarden Menschen auf Grund des BevÃķlkerungswachstums verhungert. Das hat dem Renommee dieses Clubs jedoch keinen Abbruch getan. Im Gegenteil. Das obige Zitat zeigt vielmehr, dass sie die Agenda fÞr unser Zeitalter gesetzt haben. *Der Feind des Menschen ist der Mensch*. Er ist bÃķse, sÞndig und schuldig. Er ist der Virus des Planeten.
***ÂŦWir selbst sind nun gefordert, diese Schuld zu sÞhnen. Der Planet hat unsere Generation als das Lamm auserwÃĪhlt, wir sind das Agnus Dei der Jetztzeit, das diese monstrÃķse SÞnde auf sich nimmt.Âŧ***
*(*die Antagonistin in [âHinter der Zukunftâ](https://www.thomas-eisinger.de/roman-hinter-der-zukunft/), 2021*,* Thomas Eisinger*).*
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**Die Frage nach dem Motiv**
Dennoch bleibt die Frage: wozu das Ganze? CO2 ist an jedem Produktions- und Lebensprozess beteiligt. Egal ob Nahrung, Transport, Energie, Heizung etc.: CO2 ist der gemeinsame Nenner. Was wÃĪre also besser geeignet, eine Gesellschaft und jeden Einzelnen zu steuern und zu kontrollieren als dieses kleine unschuldige MolekÞl? Genau hier kommen wir der Antwort nÃĪher. *Wer die Macht hat, CO2-Budgets zu erstellen und zu verteilen,* *der hat die Macht, alles zu kontrollieren*! Das ist lÃĪngst keine Fiktion, schon gar keine Spekulation: die CO2-Zertifikate existieren seit 2005 und verteuern inzwischen Jahr fÞr Jahr unser Leben. Sie sorgen dafÞr, dass Kraftwerke erst gar nicht gebaut werden, sie verteuern Diesel und Benzin, FlÞge, DÞngemittel und damit Nahrungsmittel und vieles mehr. Doch es geht noch weiter: Die Idee des *persÃķnlichen CO2-Budgets* wurde lÃĪngst in die Diskussion eingebracht! Damit lieÃe sich dann Kontrolle bis zu jedem Einkauf durchfÞhren, jeder Bahn- oder Autofahrt, jeder Urlaubsreise, jeder WohnflÃĪche, jedem Grad Zimmertemperatur. Das ist kein Witz und keine Ãbertreibung. Es fehlen nur noch die digitale ID sowie das digitale Geld, dann ist der Kreis geschlossen. Was derzeit zur Realisierung der totalen Kontrolle noch fehlt ist die Zuschreibung eines ÂŦCO2-FuÃabdrucksÂŧ zu jedem Produkt, jeder Fahrt, jedem Grad Wohntemperatur, jeder KW-Stunde Strom. Das wÃĪre das Ende jeder persÃķnlichen Freiheit!
**Langsam keimt Hoffnung**
Doch inzwischen besteht Hoffnung! Der Regierungswechsel in den USA zeigt bereits Wirkung. Die Trump-Administration ist nicht gewillt, die wirtschaftliche Vormachtstellung der USA ideologischen CO2-Zielen zu opfern. Der sofortige Austritt aus dem Pariser Klimaabkommen ist ein erster Schritt, das Verbot von Windkraftanlagen ein weiterer. Reihenweise treten GroÃunternehmen aus der ÂŦNet-Zero AllianceÂŧ aus, zuletzt Blackrock. Noch in diesem Jahr wird sich zeigen, ob die USA den ÂŦWertewestenÂŧ mitziehen kÃķnnen oder ob die KrÃĪfte, die den Net Zero-Plan weiter verfolgen, sich auf die EU und besonders Deutschland verlegen werden, um ihre bevÃķlkerungsfeindlichen Programme umzusetzen, so lange sie in den USA machtlos sind. Doch auch hier zu Lande gibt es inzwischen Millionen von Menschen, die die Nudging-, Schuldzuweisungs- und Propagandastrategien durchschauen. Was noch fehlt ist: mehr MUT! Das CO2-Klima-Narrativ mutig bei vielen Gelegenheiten in Frage zu stellen ist etwas, bei dem jeder mitwirken kann!
**Nachbemerkung**
Der Autor hat sich mit der Thematik intensiv auseinandergesetzt beim Schreiben des Near Fiction Romanes ÂŦHinter der ZukunftÂŧ, der all diese Entwicklungen um fÞnf bis zehn Jahre weiterdreht (ganz neu als HÃķrbuch bei [audible](http://hinter-der-zukunft.de/9ui)). Bis zum CO2-Lebensbudget. Und dem GroÃen Geschenk â das jeden CO2-Ausstoà fÞr immer beendet. Freiwillig. Denn im Unterschied zur Generation X und den Boomern, die noch eine Zeit ohne CO2-Diktat kennenlernen durften, sind die Menschen in naher Zukunft nichts anderes mehr gewohnt. Und: sie finden es gut und richtig! Denn ansonsten droht der totale Untergang. Und jeder einzelne ist daran Schuld... scheinbar.
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@ 7a7d16c9:1a700636
2025-02-25 17:39:16
Watched an awesome [video](https://youtu.be/QEJpZjg8GuA?si=ceYEbMeFO-Ind6KO) from one who I subscribe on YT.
I've been trying to put my finger on what it is that I don't like about the major social media platforms. Alec Watson gave me the answer in one of his latest videos: "Algorithmic Complacency".
TLDR: Rather than read, watch, and collaborate with those I follow online, modern social media platforms like to tell me what content I should consume. Nostr, Bluesky, and Mastodon don't do this - I can see what I want and what I don't, without relying on a computer algorithm to tell me.
This got me thinking about my own use of social media platforms and my recent adoption of the Fedi-verse to circumvent the machine telling me how I should consume online content.
I don't subscribe to any one platform. I've not found one that addresses all my online social needs, nor one that feature the diverse audiences I follow. Here's a rundown of what I use:
YouTube - the easiest of the bunch. YT has become my new binge TV. Initially a frequented site for learning how to replace a garbage disposal or to learn some of the tricks with Davinci Resolve, YT quickly became my platform of choice for learning and entertainment content. Yes, YT has an algorithm and provides recommendations - it's how I found Technology Connections - but I like that I can use the subscriptions feed to just see content that I follow in addition to that which YT recommends.
Facebook - the favorite with the old guard. TBH, I've never liked big tech owning my voice on the Internet. I'd have deleted my FB account along with X and Instagram, long ago, except that it's the one platform that my family uses. My mother uses Facebook, so do my distant cousins, but only a subset use the other platforms, and none use the Fedi-verse. FB remains as the one platform for me to post the occasional vacation photo and to find out that my cousin got married last week - and no I didn't get an invite.
Vero - I'm a photographer and love to post some of my more interesting art pieces online for feedback, so I can improve my craft. I used to use Instagram, until it went over to the algorithm dark side and filled my feed with short-form video. Vero maintains to be what Instagram used to be. I've not checked out Pixelfed (yet).
Mastodon - After Musk took over Twitter and rebranded it to X, I swiftly left and moved to Mastodon. I hate the idea of a single business entity owning my content and right to free speech online. Like many, I have my own issues with Musk and his business practices and shouldn't have to deal with them as part of my online presence. Mastodon was and still is, the place where I get to collaborate with people I've never met in person on likeminded topics of interests. Mastodon relies on federated servers, which people own; so, there's that to consider. I've managed to find a server that caters to my interests and fulfills my desire to collaborate online.
Then comes Nostr...
My friend \_@briangreen.net introduced me to Nostr. As a long-term orange-pill advocate, I was thrilled to join Nostr to collaborate on the latest Bitcoin and Crypto news. I will say that Nostr appears less diverse in topics but that's rapidly changing as I am now seeing a lot of posts on photography, meshtastic, and other personal interests of mine. I love that Nostr is not so much a platform, but a federated protocol. I don't have to subscribe to any one app and web site to post and read content. For now, I use both Mastodon and Nostr to scratch my online collab itch. A nice thing about the Fedi-verse is that there's plenty of cross-posting apps. I use [OpenVibe](https://openvibe.social/) to post and consume content in one place. Their app is slick and works as advertised.
How do you use social media? Is Nostr your only platform, or do you still use the traditional ones?
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@ 2e8970de:63345c7a
2025-02-25 17:16:37
> A Detailed Look at the Economic Impacts of Trump's Wide Ranging New Tariffs on China, Mexico, Canada, Steel, Aluminum, and Much More
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https://www.apricitas.io/p/trumps-2nd-trade-war-begins
If you're interested in global trade I recommend looking at the article. It's a real deep dive into many perspectives of US trade esp. with China. What gets imported from China, many individual product categories, what happened in round 1 in 2018 and so so much more. And lots of charts!
originally posted at https://stacker.news/items/896850
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@ 67403b2c:27b48c7a
2025-02-25 15:47:23
Michael Laitman, a world-renowned Kabbalist and spiritual teacher, recently introduced a groundbreaking concept on Facebook called "No Death." This transformative Kabbalistic teaching explains how death is not an ending but a spiritual transformation of consciousness. For those seeking answers about life after death, Laitman's perspective offers both ancient wisdom and modern understanding.
## Understanding Kabbalah's View on Death and Consciousness
The Kabbalistic concept of "No Death" builds on centuries of mystical Jewish wisdom. While traditional views see death as final, Kabbalah teaches that reality extends far beyond our physical world. Similar to Einstein's theory that energy cannot be destroyed but only transformed, Kabbalistic wisdom suggests consciousness continues after physical death.
## How Kabbalistic Teachings View Consciousness and Physical Reality
According to Laitman's Kabbalistic teachings, consciousness exists independently of our physical brain. This fundamental principle of Kabbalah suggests that our true essenceâour spiritual consciousnessâtranscends the temporary nature of our physical bodies. This understanding aligns with both ancient spiritual wisdom and emerging scientific theories about consciousness.
## Practical Applications of Kabbalistic Wisdom in Daily Life
This spiritual perspective transforms how we approach:
- Personal relationships and their eternal nature
- Daily challenges and spiritual growth
- Anxiety about death and mortality
- Life's deeper meaning and purpose
## Modern Relevance of Kabbalistic Teaching
In today's fast-paced digital world, Laitman's spiritual insights offer valuable guidance for:
- Managing death anxiety
- Finding life purpose
- Building meaningful relationships
- Understanding consciousness
- Exploring spiritual growth
## Impact on Personal Growth and Spiritual Development
Laitman's teaching extends beyond theoretical knowledge into practical spiritual development. By viewing death as transformation rather than termination, practitioners of Kabbalah develop:
- Enhanced spiritual awareness
- Deeper compassion for others
- Stronger personal relationships
- Greater life purpose
- Reduced fear of death
## Connecting Ancient Wisdom with Modern Understanding
While many spiritual teachers discuss life after death, Laitman's approach uniquely bridges:
- Traditional Kabbalistic wisdom
- Contemporary scientific understanding
- Practical daily application
- Personal spiritual growth
- Universal life questions
## Conclusion: Embracing Spiritual Transformation
Michael Laitman's exploration of "No Death" provides essential insights for anyone interested in:
- Kabbalistic teachings
- Spiritual development
- Life after death
- Consciousness studies
- Personal transformation
*About* *About the Author: This comprehensive guide explores Dr. Michael Laitman's Kabbalistic teachings on life, death, and spiritual transformation. Drawing from his recent social media insights and decades of Kabbalistic study, this article connects ancient wisdom with modern understanding.*
---
ð **Support This Work**
If you found this article valuable, consider supporting more content like this with a small contribution: [Buy Me a Coffee](https://Buymeacoffee.com/adontai)
---
\#Kabbalah #MichaelLaitman #SpiritualTeachings #LifeAfterDeath #KabbalisticWisdom #SpiritualGrowth #Consciousness #SpiritualTransformation
*About the Author: This piece explores the profound teachings of Michael Laitman, drawing from his recent social media insights and long-standing work in Kabbalistic wisdom. The article aims to bridge ancient spiritual knowledge with contemporary understanding, offering readers a new perspective on life, death, and continuity.*
#Philosophy #Kabbalah #MichaelLaitman #LifeBeyondDeath #SpiritualAwakening
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@ 460c25e6:ef85065c
2025-02-25 15:20:39
If you don't know where your posts are, you might as well just stay in the centralized Twitter. You either take control of your relay lists, or they will control you. Amethyst offers several lists of relays for our users. We are going to go one by one to help clarify what they are and which options are best for each one.
## Public Home/Outbox Relays
Home relays store all YOUR content: all your posts, likes, replies, lists, etc. It's your home. Amethyst will send your posts here first. Your followers will use these relays to get new posts from you. So, if you don't have anything there, **they will not receive your updates**.
Home relays must allow queries from anyone, ideally without the need to authenticate. They can limit writes to paid users without affecting anyone's experience.
This list should have a maximum of 3 relays. More than that will only make your followers waste their mobile data getting your posts. Keep it simple. Out of the 3 relays, I recommend:
- 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc.
- 1 personal relay to store a copy of all your content in a place no one can delete. Go to [relay.tools](https://relay.tools/) and never be censored again.
- 1 really fast relay located in your country: paid options like http://nostr.wine are great
Do not include relays that block users from seeing posts in this list. If you do, no one will see your posts.
## Public Inbox Relays
This relay type receives all replies, comments, likes, and zaps to your posts. If you are not getting notifications or you don't see replies from your friends, it is likely because you don't have the right setup here. If you are getting too much spam in your replies, it's probably because your inbox relays are not protecting you enough. Paid relays can filter inbox spam out.
Inbox relays must allow anyone to write into them. It's the opposite of the outbox relay. They can limit who can download the posts to their paid subscribers without affecting anyone's experience.
This list should have a maximum of 3 relays as well. Again, keep it small. More than that will just make you spend more of your data plan downloading the same notifications from all these different servers. Out of the 3 relays, I recommend:
- 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc.
- 1 personal relay to store a copy of your notifications, invites, cashu tokens and zaps.
- 1 really fast relay located in your country: go to [nostr.watch](https://nostr.watch/relays/find) and find relays in your country
Terrible options include:
- nostr.wine should not be here.
- filter.nostr.wine should not be here.
- inbox.nostr.wine should not be here.
## DM Inbox Relays
These are the relays used to receive DMs and private content. Others will use these relays to send DMs to you. **If you don't have it setup, you will miss DMs**. DM Inbox relays should accept any message from anyone, but only allow you to download them.
Generally speaking, you only need 3 for reliability. One of them should be a personal relay to make sure you have a copy of all your messages. The others can be open if you want push notifications or closed if you want full privacy.
Good options are:
- inbox.nostr.wine and auth.nostr1.com: anyone can send messages and only you can download. Not even our push notification server has access to them to notify you.
- a personal relay to make sure no one can censor you. Advanced settings on personal relays can also store your DMs privately. Talk to your relay operator for more details.
- a public relay if you want DM notifications from our servers.
Make sure to add at least one public relay if you want to see DM notifications.
## Private Home Relays
Private Relays are for things no one should see, like your drafts, lists, app settings, bookmarks etc. Ideally, these relays are either local or require authentication before posting AND downloading each user\'s content. There are no dedicated relays for this category yet, so I would use a local relay like Citrine on Android and a personal relay on relay.tools.
Keep in mind that if you choose a local relay only, a client on the desktop might not be able to see the drafts from clients on mobile and vice versa.
## Search relays:
This is the list of relays to use on Amethyst's search and user tagging with @. **Tagging and searching will not work if there is nothing here.**. This option requires NIP-50 compliance from each relay. Hit the Default button to use all available options on existence today:
- nostr.wine
- relay.nostr.band
- relay.noswhere.com
## Local Relays:
This is your local storage. Everything will load faster if it comes from this relay. You should install Citrine on Android and write ws://localhost:4869 in this option.
## General Relays:
This section contains the default relays used to download content from your follows. Notice how you can activate and deactivate the Home, Messages (old-style DMs), Chat (public chats), and Global options in each.
Keep 5-6 large relays on this list and activate them for as many categories (Home, Messages (old-style DMs), Chat, and Global) as possible.
Amethyst will provide additional recommendations to this list from your follows with information on which of your follows might need the additional relay in your list. Add them if you feel like you are missing their posts or if it is just taking too long to load them.
## My setup
Here's what I use:
1. Go to [relay.tools](https://relay.tools/) and create a relay for yourself.
2. Go to [nostr.wine](https://nostr.wine/) and pay for their subscription.
3. Go to [inbox.nostr.wine](https://inbox.nostr.wine/) and pay for their subscription.
4. Go to [nostr.watch](https://nostr.watch/relays/find) and find a good relay in your country.
5. Download Citrine to your phone.
Then, on your relay lists, put:
Public Home/Outbox Relays:
- nostr.wine
- nos.lol or an in-country relay.
- <your.relay>.nostr1.com
Public Inbox Relays
- nos.lol or an in-country relay
- <your.relay>.nostr1.com
DM Inbox Relays
- inbox.nostr.wine
- <your.relay>.nostr1.com
Private Home Relays
- ws://localhost:4869 (Citrine)
- <your.relay>.nostr1.com (if you want)
Search Relays
- nostr.wine
- relay.nostr.band
- relay.noswhere.com
Local Relays
- ws://localhost:4869 (Citrine)
General Relays
- nos.lol
- relay.damus.io
- relay.primal.net
- nostr.mom
And a few of the recommended relays from Amethyst.
## Final Considerations
Remember, relays can see what your Nostr client is requesting and downloading at all times. They can track what you see and see what you like. They can sell that information to the highest bidder, they can delete your content or content that a sponsor asked them to delete (like a negative review for instance) and they can censor you in any way they see fit. Before using any random free relay out there, make sure you trust its operator and you know its terms of service and privacy policies.
-
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@ e31e84c4:77bbabc0
2025-02-25 15:03:34
*The Fine Line: Bitcoin Companies Navigating Regulation and Freedom was [written by Bri](https://x.com/cyberBri). If you enjoyed this article then support her writing, by donating to her lightning wallet: bri_1@walletofsatoshi.com*
We all know the value proposition of Bitcoin: Bitcoin cannot be controlled by the state. Bitcoin is permissionless, it doesn't need a KYC and we can send money to anyone in the world, without middlemen, without censorship, without limits.
However, when companies use Bitcoin, and more so when they offer Bitcoin services, their activities are indeed controlled by the state. In order to fulfil the regulatory requirements, companies usually have to employ entire compliance teams.
Bitcoin-only exchanges are probably not better off than crypto service providers, even if one can sometimes hopefully recognise an increasing pro-Bitcoin attitude in the world. The Bitcoin scene recently looked expectantly to Nashville when Trump appeared at the Bitcoin 2024 conference as part of his election campaign. He doesn't really seem to be able to distinguish between Bitcoin and crypto though â in his keynote speech he promised to make the U.S. the âcrypto capital of the planetâ.
Nevertheless, the news that the United States plans to accumulate Bitcoin as a strategic reserve currency made headlines around the world and many Bitcoin supporters are delighted. Bitcoin's negative image could be somewhat corrected and it would certainly also be beneficial for Bitcoin adoption, so the hope goes. And indeed, the price of Bitcoin climbed to new record highs during the US election campaign, reaching its ATH of USD 109,000 when Trump took office on 20 January 2025.
The US announcement of a bitcoin strategic reserve can certainly be described as a historic moment. At the moment, it doesn't seem to be entirely clear whether Bitcoin or crypto, but a number of US states are working on advancing Bitcoin reserves. Whether it is a good thing when nation states start hoarding Bitcoin is another question. After all, from the very beginning and to this day, Bitcoin has been about taking power over money away from the state and giving it to the people.
Back to the Bitcoin companies. Let's assume that someone understands Bitcoin and has even discovered that there are Bitcoin-only exchanges. These companies recognise Bitcoin as sound money, support the Bitcoin community and want to integrate the Bitcoin ethos into their business model in the best possible way. Ouch â that already sounds like a compromise.
**The Dilemma â Bitcoin at Heart, Regulation at the Back of the Neck**
Bitcoin companies are caught between maximum independence and regulatory requirements. Companies such as Strike, Relai and River aim to make it as easy as possible for their customers to access Bitcoin while at the same time enabling them to maximise their independence from third parties. An important aspect of this is self-custody. Customers have full control over their Bitcoin and can avoid counterparty risks such as exchange failures or government seizures.
In contrast, most providers on the market, such as the major players Coinbase or Binance, rely on classic, centralised structures with full custody - and a large range of digital assets. They are basically fiat companies that offer crypto products.
And then, at the other end of the spectrum, there are projects such as Samourai, Wasabi Wallet or Tornado Cash, which are radically opposed to any form of control. They are developing powerful tools for more financial privacy â in line with Bitcoin's original idea as a decentralised cash system. But this commitment comes at a price: the founders of Samourai Wallet were arrested and the developers of Tornado Cash were prosecuted.
These Bitcoin rebels are putting the limits of state regulation to the test. And they raise the fundamental question: Is privacy an inalienable right or should it be subordinated to the public security interest?
**The Middle Ground Builders**
Bitcoin-only companies that choose the middle ground play an important role in the bitcoin ecosystem. This is because they appeal to the masses by keeping onboarding simple and often offering a range of interesting services. At the same time, they want to give their customers the greatest possible independence.
But are their business models sustainable? Or do these companies run the risk of being worn down by the balancing act between Bitcoin ethos and state control? How can these pioneers survive in a constantly changing regulatory environment?
It's a balancing act between regulation and Bitcoin values, and it's often a fight for the fundamental rights of not just Bitcoiners but people in general. For example, these companies need to have KYC processes in place to be compliant with the law and allow customers the greatest possible flexibility in their Bitcoin activities.
*Some popular Bitcoin-companies and their strategies:*
- [Strike](https://strike.me/): Custodial, fast lightning transactions, DCA, bill payments
- [Relai](https://relai.app/de/): Simple onramp, self-custody, private and business services
- [River](https://river.com/): Multisig and cold storage, proof of reserves, inheritance
- [Unchained](https://unchained.com/): Multisig vaults, DCA, inheritance, loans, retirement, advisory
- [Bull Bitcoin](https://www.bullbitcoin.com/): Non-custodial exchange, DCA, bill payments, OTC desk
Typical features of these accounts usually include a KYC check, which allows users to be granted higher buy and sell limits. Many Bitcoin companies offer self-custody wallets and often some also multi-sig solutions that increase security for users. Partnerships with banks or payment service providers facilitate buying and selling and enable services such as the creation of savings plans.
Bitcoin companies face several challenges. Regulatory pressure remains a key concern, as authorities may tighten KYC obligations or introduce new restrictions. Trust is another issue since die-hard Bitcoiners often see these companies as not being consistent enough with Bitcoin's core principles.
**Regulatory Framework and Political Influences**
***USA: Trump's Bitcoin course and the âCrypto Czarâ***
There are currently contradictory signals in the USA: on the one hand, Donald Trump has hinted at using Bitcoin as a strategic reserve (Strategic Bitcoin Reserve, SBR), while on the other hand, regulation is being tightened further. The newly created position of âWhite House AI and Crypto Czarâ, presumably conceived in collaboration with Elon Musk, is intended to implement clear rules for blockchain, AI and the crypto market. This is also likely to affect companies that are committed to the Bitcoin ethos.
- Positive signals: Bitcoin is increasingly recognised as a legitimate asset class.
- Regulatory pressure: Stricter regulations could threaten the existence of smaller companies.
- Possible future: If the US promotes Bitcoin as a strategic asset, this could fundamentally change the regulatory landscape.
***Europe and Global Developments***
- MiCA (Markets in Crypto-Assets Regulation): New EU regulation for crypto companies, requiring strict KYC and AML rules, among other things.
- Restrictive countries: China and India continue to rely on tough regulation or bans.
- Friendly jurisdictions: Countries such as El Salvador or Switzerland offer attractive conditions for Bitcoin companies.
**Self-custody of Bitcoin**
The so-called âTravel Ruleâ (Transfer of Funds Regulation, TFR) requires detailed information about the sender and recipient. This makes it more difficult for Europeans to interact with self-custody Bitcoin wallets. For transactions over 1,000 euros, users must prove that they are the owners of these wallets (proof of ownership).
Yet self-custody is a very important aspect of Bitcoin. It is the only way to avoid the risks associated with relying on centralised custodians. Self-custody ensures that you alone have control over your money. The new regulations represent a gradual financial disenfranchisement, which is not only criticised by Bitcoiners. And that is only part of the problem.
The disadvantages of centralised storage of customer assets are well known. Just think of the scandalous examples from the recent past: The fall of the FTX cryptocurrency exchange and the knock-on effects on the cryptocurrency industry or the fraudulent business practices of Celsius, which lost billions of customers' money.
> *âNot your keys, not your coins.ââ Andreas Antonopoulos*
However, it is often the users themselves who, consciously or unconsciously, jeopardise their funds. The obstacles to self-custody lie in both technical and practical aspects. Not everyone is willing or able to navigate hardware wallets and multisig solutions. Furthermore, without an adequate backup, there is a risk of losing coins irretrievably.
By keeping their coins in self-custody, Bitcoiners eliminate third-party risk. However, self-custody can be a challenge, especially for beginners. âStudy Bitcoinâ is more than just a phrase here. Only those who know their way around can protect themselves against errors, misuse and loss.
**CONCLUSION**
The uncertainties caused by ever-changing regulation in different jurisdictions is a constant challenge for businesses. However, as Bitcoin is increasingly being categorised as harmless by the authorities, pure Bitcoin platforms might face fewer regulatory risks compared to crypto exchanges.
The growing acceptance of Bitcoin and the plans of the United States and other countries to create a strategic Bitcoin reserve may have a positive impact on how Bitcoin companies continue to be treated by regulators. I would, though, like to quote Maya Parbhoe, the Surinamese presidential candidate for 2025, at this point, even if it seems a little off-topic:
> *âA Bitcoin Strategic Reserve is not the answer.*
*> *The moment a government holds Bitcoin as a reserve, it centralizes control over an asset designed to be decentralized. It strengthens the very system Bitcoin was created to replace.*
*> *Governments holding Bitcoin do not give power to the people, they give themselves a hedge while continuing to debase their fiat currency. They still print, they still tax, they still control. The people remain trapped in the same system, only now with a government-backed Bitcoin price floor that serves the state, not the individual.*
*> *Bitcoin was not made to be stockpiled by central banks. It was made to be used. As currency, as a tool of self-sovereignty, as a weapon against state overreach.â*
So let's summarise what we have covered in this article in the spirit of these liberal ideas. The following rules, which have just been created, should be mandatory reading for Bitcoin aficionados until further notice:
<img src="https://blossom.primal.net/914ac66c228ea1a398ec1f008234e4cd213da85f268de73fb36dc9e344dcfb45.jpg">
*The Fine Line: Bitcoin Companies Navigating Regulation and Freedom was [written by Bri](https://x.com/cyberBri). If you enjoyed this article then support her writing, by donating to her lightning wallet: bri_1@walletofsatoshi.com*
-
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@ 71df2119:9542d9d7
2025-02-25 14:57:23
Das Pareto-Team [(](https://njump.me/nprofile1qyvhwumn8ghj7un9d3shjtnndehhyapwwdhkx6tpdshsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshsqg9grf5ej25t0llsj2annf4rx5vpc9htx72g74depu796z0nc5pvssldhkxp)<https://tinylink.net/mIyvf>[)](https://njump.me/nprofile1qyvhwumn8ghj7un9d3shjtnndehhyapwwdhkx6tpdshsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshsqg9grf5ej25t0llsj2annf4rx5vpc9htx72g74depu796z0nc5pvssldhkxp) hat in den letzten Tagen die UnterstÞtzung fÞr *Zaps* verÃķffentlicht. *Zaps* sind *Lightning-Transfers* Þber *Nostr*, die im Pareto an Artikel oder Autoren gesendet werden kÃķnnen. Die aktuelle Umsetzung in der Pareto-App ist als erster Schritt zu verstehen, und es werden weitere Ausbau-Stufen folgen. In diesem Artikel wird die Nutzung des neuen Pareto-Features erklÃĪrt.
##### Artikel Zappen
Auf der Artikel-Seite des Pareto-Readers ist jetzt das Blitz-Symbol unter dem Artikelbild aktiviert. Durch einen Klick erscheint ein Dialog wie dieser:

Im Dialog kÃķnnen verschiedene vorgegebene BetrÃĪge ausgewÃĪhlt oder ein eigener Betrag manuell eingegeben werden. Ein optionales Kommentarfeld steht, wie Þblich, ebenfalls zur VerfÞgung. Nach dem BetÃĪtigen der *Zap-SchaltflÃĪche* verhÃĪlt sich die App unterschiedlich, abhÃĪngig davon, ob der Nutzer eine *Wallet-Erweiterung* im Browser installiert hat oder nicht. Falls ja, folgt die Interaktion mit der *Wallet-Erweiterung*, in diesem Beispiel Alby:

Hier kann die Zahlung freigegeben werden, und der Vorgang wird dann von der Software abgeschlossen.
Wenn der Nutzer keine *Wallet-Erweiterung* verwendet, erfordert der Vorgang weitere Schritte. Statt dem oben gezeigten Dialog erscheint eine *Lighting-Rechnung*:

An dieser Stelle gibt es mehrere MÃķglichkeiten: Man kann mit einer *Lightning-Wallet* den *QR-Code* einscannen oder die Rechnung in Textform kopieren. Alternativ kann man auch eine *Wallet* auf demselben GerÃĪt Ãķffnen und die Zahlung dort bestÃĪtigen.
##### Zaps an Autoren
Wie am Anfang erwÃĪhnt, kÃķnnen auch Autoren direkt, ohne Artikelbezug, *Zaps* erhalten. Auf der Profilseite des Autors gibt es neben der neu hinzugekommenen *Lightning-Adresse* einen *Blitz-Button,* ÃĪhnlich wie auf der Artikelseite:

Durch einen Klick kÃķnnen, ÃĪhnlich wie beim Artikel, *Zaps* an den Autor gesendet werden.
***
*Das Zap-Feature in der Pareto-App basiert auf der Community-Bibliothek nostr-zap (*<https://github.com/SamSamskies/nostr-zap>*). Wir bedanken uns fÞr den Code und haben mit einer Erweiterung der FunktionalitÃĪt beigetragen - ganz im Sinne von Open-Source!*
***
##### Ausblick
Wie eingangs erwÃĪhnt, sind weitere Ausbaustufen des *Zap-Features* geplant, darunter:
* UnterstÞtzung fÞr *Nostr Wallet Connect* fÞr eine nahtlosere Integration und ein besseres Nutzungserlebnis.
* UnterstÞtzung fÞr *eCash*, *Cashu-Nutzaps*.
Bleib auf dem Laufenden und folge uns auf unseren verschiedenen KanÃĪlen:
* *Nostr*: <https://tinylink.net/mIyvf>,
* *Web*: [https://pareto.space,](https://tinylink.net/mIyvf) 
* *Geyser*: [https://geyser.fund/project/pareto.](https://geyser.fund/project/pareto)
**Wir bei Pareto stehen erst am Anfang - nicht ausschlieÃlich bezÞglich Zaps!**
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@ 9171b08a:8395fd65
2025-02-25 14:53:19
Rein sat with her back against the cold steel of the jail cell, wrists and ankles bound.
She hadnât seen light or another human face in almost two weeks. The grinding and whirling of the Guardianâs mechanical gears was the only thing to break the silence, its daily arrival at noon serving as her only reminder of time. It brought her food, but nothing else; not a word, not a gesture of humanity.
In her waking moments, she sat and replayed the events that landed her in jail, and in her slumber, those thoughts morphed into haunting nightmares with specters stalking her in hell. Hell was no longer a distant fear; it had found her. Her fate now rested in the hands of the man she once considered her best friend. Whatever evidence he was putting together would serve to either absolve her or condemn her.
A sharp beam of light pierced the darkness of the jail cell from the cell block entrance. The overhead lights came on, and she stood as David, Reinâs partner and closest friend, appeared before the cell bars.
He stared at his feet and said, âToday's your trial.â
Rein struggled to keep her eyes open from the intense brightness over the overhead lights and said, âThat wasnât nearly enough time to gather evidence.â
David pressed his lips together, eyes fixed on the floor. âI had your back on this, Rein.â Then he shook his head, and as Rein finally overcame the harsh brightness, she noticed he was staring into her eyes. âThe evidence is damning. And, well, something pretty terrible has happened that has the government cracking down harder than ever.â
âSomething terrible? What happened?â asked Rein.
âI wouldâve never thought you were in so deep with this.â He seemed personally outraged when he said, âAfter everything weâve been through together, after everything *youâve* sacrificed for this city. Youâve been pretending this entire time. Iâve never known the real you.â He scoffed. âYet there you are.â
âCâmon, David, you donât actually thinkââ
David raised a hand and said, âStop. Donât try that shit with me. Youâre lucky to even be getting a trial.â
Two Guardians entered the cell block and came to parade rest behind David. He opened the cell, and the Guardians stepped in.
âWhat did you find? What happened?â asked Rein.
The Guardians seized Reinâs shoulders and pushed her forward, past David.
âWhat did you find, David?â Urged Rein.
David remained silent. He simply watched as the Guardians took her.
A hush fell over the precinct as officers gathered around the flickering television in the corner of the reception room. Flashing across the screen were the haunting images taken from an aircraft of a city on fire, thousands of black silhouettes infiltrating the city walls. The words ***Shadow Crawlers Strike, Orion Dome In Ruins*** were emblazoned the bottom of the newscast.
Rein strained against the Guardianâs grasp to try and get a closer look at the screen and gasped, âChronos have mercy.â
Those standing before the television turned and stared at her. Those seated at their desks stood at the sight of the Guardians ushering Rein through the offices, and within seconds, the precinct was heavy with tension. Everyone she had cared about now gaped at her with a fierce look of betrayal. Though Rein wished she could explain herself with a compelling defense, she could tell she was as good as dead to them.
---
The vehicle transporting her to the courthouse was as dark as the cell she had been locked up in. Rein ground her teeth and stared at the ray of light that shone through the slit in between the vehicle doors, contemplating what she had just seen on the precinct television.
After several minutes of toiling in the darkness with her own thoughts, the vehicle halted, and its doors opened at the hands of the two Guardians who towered over the roof of the hovercraft.
Many of the city peopleâs eyes, imbued in different shades of red, turned to stare as Rein stepped out. Their gazes were not so much filled with judgment as they were with fear. She stepped onto the walkway with her head sagged, ashamed to look at the very people she had sworn to protect.
> Join the furnace of the Empire! Invest in Elius today and be a part of the Industrial heart of Aurial.
Rein clenched her fist as she contemplated the words on the crumpled flyer laying on the sidewalk beside her foot. She couldnât help but think of what her father had been up to in that city.
She had never paid much attention to the image of the man on the flyer, his arms crossed and his head held high before a massive furnace that sparked embers into the four corners of the paper. The silhouette of a building was portrayed on one corner, a soldier held a weapon on another, the image of a child holding a toy on the bottom right, and a family held up a shirt on the remaining corner.
Those flyers were hung up throughout the precinct offices, inside coffee shops, and gathering places, attempting to attract the wealth that easily found itself in the pockets of the kind of people that lived in Roxis. It seemed to have worked on her father.
***But what had he been up to?***
Rein never understood why her father had abandoned Roxis for Elius, nor had he ever offered an explanation. As a financial hub, Roxis attracted wealth and intellect, leaving cities like Elius with a rougher class of laborersâ many of whom turned to crime to escape extreme poverty and hard work in the very factories exhibited on the promotional flyer.
The city of Roxis had been good to Rein. Though many a passerby would think differently seeing her now with her wrists and ankles shackled as she walked up the steps of the Judgment House. Sheâd grown to be a God-loving woman and spent most of her adult life protecting the city from criminals the likes of which the people walking by, now, would think she was.
One of the Guardians towering at her side nudged her shoulder, and with the artificial voice generated from within its chest said, âYou must move along, Miss Lancer.â
The robotâs hand ushered her forward, and a ray of sunlight nearly blinded her as she gazed upon the Judgment House made almost entirely of glass and marble.
The crest of Aurialian Empire above the entrance of the building made her pause. Her eyes lingered on the star that lay at the center of the red and blue shield of Ariel, the archangel. A character that looked like an angular and unfinished number eight with a line drawn through the middle sat like a crown above the words "***Out of God, An Empire***", inscribed around the crest of the Aurilian Empire.
The symbol of peace felt like a cruel joke now. She had once sworn to uphold the empireâs sanctity, yet here she was, condemned by it.
***Episode 2 coming soon...***
---
Thank you for reading!
If you enjoyed this episode, let me know with a zap and share it with friends who might like it too!
Your feedback sends a strong signal to keep making content like this!
Interested in blog posts? Follow @Beneath The Ink for great short stories and serialized fiction.
More short stories you might like from Fervid Fables:
nostr:naddr1qvzqqqr4gupzpyt3kz9079njd5g0fs5rxhtg8g9wdwkdar65kuhaujfyajpetlt9qq2kx6zzdap9s3nnde5hy7f5wej57d2twp54y82h07y
nostr:naddr1qvzqqqr4gupzpyt3kz9079njd5g0fs5rxhtg8g9wdwkdar65kuhaujfyajpetlt9qq2h5etx2fghgumyg3mhjanewgeysa6wdfmrs85l27m
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@ 85bdb587:7339d672
2025-02-25 14:14:57
## Marty's Bent

Since mid-2022 the Fed has been reigning in its balance sheet via a process called quantitative tightening (QT), in which they allow some of the debt assets they hold to come to maturity without reinvesting in them. This leads to a reduction in the Fed's balance sheet and is done to remove the excess liquidity introduced to the markets during the COVID crisis so that inflation can be reeled in. On top of this, the Fed is hoping that the extraordinary measures it took to step in during a time of crisis allowed the banking system to get their houses in order in preparation for a period of relatively tighter liquidity. Ideally, everyone took the time and effort to clean up their balance sheets, properly manage their duration risk, and get themselves on solid footing to move forward without the Fed stepping in to prop up the market.
At its peak, the overnight reverse repo facility had around $2.36T of liquidity in the form of debt instruments like treasuries and mortgage backed securities available to banks, money market funds and certain government enterprises. These entities lend the Fed cash for these instruments and get interest back in return. This acts as a mechanism the Fed can leverage to keep short-term rates in line with wherever their targets are at any given point in time. Over the last ~13 quarters the Fed has been slowly but surely letting these markets drain and, as of last Friday, they currently sit at $70.8B. At its current pace the reverse repo facility should be completely drained by the end of next month or beginning of April.
The question on everybody's mind is, what happens once the reverse repo markets are empty?
The last time the Fed embarked on QT was in October 2017. It drained the reverse repo over the course of a little less than two years before the market was drained and the overnight rates in the market spiked into the low teens in September of 2019. Many don't remember this, but it was a "holy shit" moment that forced the Fed to create new facilities overnight to band aid over the hemorrhaging. Coincidentally, a few months later COVID would overtake the world and the Fed had a convenient excuse to double the monetary base well above $6T.
If September 2019 is an example of exactly what happens when the reverse repo market drains, we may be in for a liquidity crunch. However, the Fed is posturing that it has learned its lessons from the 2019 rate spasm and has adjusted some things accordingly to ensure a smoother transition from a state of excess liquidity to a state of significantly less liquidity. Particularly, more control over SOFR and how it interacts with this market. If we reach the point where the reverse repo markets have been successfully drained without a 2019-like spasm, the Fed will then move on to the excess liquidity sitting on the balance sheets of commercial banks and continue their journey to try to reel in inflation.
President Trump certainly isn't making the Fed's job easier with promises of lower domestic taxes and the levying of aggressive tariffs, which could both be inflationary. I'm sure Jerome Powell is praying that DOGE continues their swift work and gets the signal out to markets that the US government is committed to getting its fiscal house in order to make treasuries more appealing to the market so that rates can float down.
I have no idea exactly what is going to happen, but I have a feeling that a liquidity crunch is on the horizon. It may not be once the reverse repo market is drained. I would not be the least bit surprised if the work the Fed has done behind the scenes to ensure a spasm like we experienced in 2019 doesn't happen is successful. Though, it likely only buys some time and delays the inevitable. As my good friend Parker Lewis likes to say, "There's too much debt and not enough dollars." At some point, QT will hit a point where it cannot be sustained because too many dollars have been pulled out of a system with ever increasing amounts of debt that need to be serviced with dollars. Whether it happens when the reverse repo market is drained or at some point after the Fed starts unwinding the excess liquidity on bank balance sheets isn't really that important.
We're getting early warning signs that a liquidity crunch may be near with the mad dash for bringing physical gold into the US, the VIX spiking above 20 earlier today and bitcoin "crashing" toward $90,000. Volatility is increasing at a time when the reverse repo market is almost tapped and the world is a bit uncertain as it tries to figure out the ramifications of Trump's blitzkreig his first month in office.
For those scratching their heads about the price of bitcoin falling during a time like this, it is pretty typical. Bitcoin is traded 24/7/365, has a ton of liquidity, and is easy to buy and sell. When markets sense volatility, bitcoin is usually one of the first assets to be sold off as investors try to sure up their cash balances and pay off debts. It is usually the first and quickest to move lower, but also the first and quickest to move higher when the dust has settled. I find it hard to believe that the price of bitcoin will stay down long if it falls considerably.
The fundamentals have never been stronger and too many people have been waiting for an opportune buying opportunity to pass it up. The question is how many of those looking for a buying opportunity will have dry powder and be liquid if and when it happens.
## Bitcoin's Institutional Moment: Big Players Are Entering the Game
Bitcoin's journey into mainstream financial markets is accelerating. During our conversation last week, Peruvian Bull highlighted several key milestones, including Abu Dhabi's $430 million position in Bitcoin ETFs and regulatory progress with the SEC's SAB 122, which now allows banks to custody Bitcoin. This fundamental shift isn't just about price â it represents a structural change in how traditional financial institutions view Bitcoin as a legitimate asset class.
"*This is a massive opportunity for bitcoin companies - go start a custody service and get a bunch of bitcoiners together and teach institutions how to safely custody their bitcoin.*" - [Peruvian Bull](https://x.com/peruvian_bull)
As I've observed through our work at Ten31, there's a growing recognition that a Bitcoin treasury strategy makes sense for both public and private companies. We're seeing this with MicroStrategy, Tesla, Bitcoin miners, and potentially GameStop. More importantly, the infrastructure is being built by major institutions like State Street and Citibank to support this adoption. While gold has the established financial plumbing, Bitcoin's institutional rails are being constructed rapidly, setting the stage for the next wave of adoption.
TLDR: Major institutions building Bitcoin infrastructure signals mainstream adoption
Check out the [full podcast here](https://youtu.be/aHzPTDDPXfU) for more on gold market disruptions, GameStop's potential Bitcoin strategy, and the looming debt crisis that's creating perfect conditions for Bitcoin adoption.
## Headlines of the Day
El Salvador Boosts Bitcoin Reserve - via [X](https://x.com/i/trending/1894181975528763539)
Jamie Dimon Sold $233.7M in JPM Stock - via [X](https://x.com/MartyBent/status/1894175451209220205)
Montana, North Dakota, and Wyoming Rejected Bills for SBR - via [X](https://x.com/SimplyBitcoinTV/status/1894071294653604257)
## Bitcoin Lesson of the Day
Bitcoin uses cryptographic **keys** to secure **transactions**. A private key, a secret random number, allows you to spend bitcoin, while a public key, derived from the private key, is used to receive bitcoin.
The public key is hashed and encoded into a Bitcoin address (e.g., 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa), a shorter, user-friendly string shared to receive funds. Private keys must be kept secureâlosing them means losing access to your bitcoin, and anyone with your private key can spend it.
Addresses are generated from public keys via hashing (SHA-256 and RIPEMD-160) and include a checksum for error detection. Bitcoin wallets manage these keys, often using seed phrases to recover them. Understanding keys and addresses is fundamental to securely using Bitcoin.
[Full Learnmeabitcoin.com post here](https://learnmeabitcoin.com/beginners/guide/keys-addresses/)
ICYMI [Fold](https://foldapp.com/credit-card?r=BgwRS) opened the waiting list for the new Bitcoin Rewards Credit Card. Fold cardholders will get unlimited 2% cash back in sats.
**[Get on the waiting list](https://foldapp.com/credit-card?r=BgwRS) now before it fills up!**
$200k worth of prizes are up for grabs.
Ten31, the largest bitcoin-focused investor, has deployed $150M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at [ten31.vc/funds](https://ten31.vc/funds).
-
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@ 6a6be47b:3e74e3e1
2025-02-25 14:14:41
Hi frens,
While drawing this fly ðŠ° ððŧ
nostr:nevent1qgsx56ly0wcj7gwasrc7707l9px39g5nzn82p35akhkdqj448e6w8cgqyrrnhgtqqfvcvf007gtxmffrhd8zw5j0t93cuxc3yrykl2dzyp3tvj4hcjx
I started thinking about how to make my art stand out. Maybe I should focus on making it more appealingâor at least improving its presentation. Donât get me wrong, Iâm not against making my work more consumable, but the marketing side of things takes so much time away from actually creating art. Itâs sad that sometimes it feels less about delivering high-quality work and more about turning it into âcontent.â
Honestly, that can be exhausting. Like Fall Out Boy said, âall this effort to make it look effortless.âItâs not really my style to turn my artâor the process of creating itâinto content. Thatâs why I sometimes struggle with crafting or presenting it in a way that fits todayâs trends.
Sometimes, the pressure to make my art presentable is so overwhelming that it makes me feel like not creating at all. And when it doesnât yield the kind of recognition or financial support I hope for after all that effort, it can be really disappointing. Itâs like watching all that hard work slowly erode my soul. Itâs tough to keep going when it feels like my art isnât being valued in the way I wish it could be.
I want to be clear: this isnât me dissing anyone. You do you, and Iâll do me. As Crowley would say, âDo what thou wilt.â What Iâm really trying to figure out is how to find that sweet spotâwhere I can keep up with the times and make my art more appealing without losing my soul in the process.
Iâm trying my best, and I know Iâll make mistakes along the way, but Iâll keep going. I just wanted to share these thoughts with you because Iâm usually pretty upbeat hereâmaybe even a little superficial at timesâbut this is me being _more_ real with you.
Art is such a huge part of my life, and through my work, Iâm already sharing something raw and personal with you. But now you also know why my presentation might sometimes feel simple or plain. Iâm working on finding that balance, and Iâll get there eventually.
Godspeed, my frens
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@ eaef5965:511d6b79
2025-02-25 14:14:11
Another quarter, another update on the global money supply.
I remember three years ago yesterday, texting my Ukrainian friends for updates as they fled with their families for safety from Putin's full-scale, unprovoked attack on their country. Three years on, they continue to fight incredibly bravely, for if they do not, there will be no Ukraine. Europe has drip-fed them enough support to not lose, but not enough to win. America now demands repayment for its aid to the victim in the form of mineral rights, and will not recognize the aggressor as the aggressor. The era of Reagan-style, speak softly while carrying a big stick approach to dictators seems no more, for now, from the new US admin. The world order is changing rapidly, and Europe is quickly finding out what the Baltics and Poland have known for 200 years: the threat from the East does not share its values; it is simply uncompromising.
As this next round of political theater plays out, and one can only hope for just, lasting peace and security with clear eyes from all democratic allies, the printing presses will do as instructed. But as we look through this update, you will see that we are actually at very low, relative-levels of money printing historically, even slight negative money growth.
Bitcoin continues on, and as of 31 December 2024, its **$1.8 trillion market cap was 7.2% of the global monetary base**. That means that the global monetary base, for this update, is $25.5 trillion.
## **Why the global monetary base?**
It is the only money supply that is economically analogous to bitcoins, digital store of value today, and to gold and silver ounces, store of values from the past.
The monetary base is **central bank money**, comprised of two supplies:
1. **Physical currency**: Notes and coins, or âcash;â
2. **Bank reserves**: The âMaster accountâ that each commercial bank holds with its central bank.
Now, why do I refer to this as *Central bank money*?
This is because, unlike all other money supplies in the fiduciary banking world (like M1/M2/M3), the Monetary base is the sole and ultimate money supply controlled by the central bank. It is, literally, the printing press. What follows won't be a lesson in reserve ratios or monetary economics. The point is that you simply understand that there is a money supply that central banks solely control, and of course (of course!) this is what Bitcoin's 21 million are up against.
The monetary base is to the core of the entire fiat financial system, as 21 million bitcoins are to the core of the Bitcoin protocol. One is open and permissionless, and one is not. By the way, the monetary base is essentially (though not entirely) analogous to the total liabilities of a central bank, so we can (basically) say that the monetary base is the "balance sheet" of each central bank.
**On cash**. Quick notes on the above. Certainly you understand what "cash" is, and it is indeed an instrument that has been fully monopolized by each central bank in each nation around the world--only they can print it. Even though it is true that banks in more free banking societies in the past could freely print and strike notes and coins, the central bank (or state) monopoly has been around for a long time. Kublai Khan was the first to do it 750 years ago.
**On bank reserves**. Don't stress your brain on this too much, but this is the main "settlement money" that banks use between each other, when they want to settle their debts. It is digital now (Fedwire in US, CHAPS in UK), but it doesn't technically have to be, and of course before modern technology took over even a few decades ago, it was not. These two stacks of retail and wholesale cash, stacks of central bank money, are what make up the **Monetary base**. *This is the printing press*. Only this compares to 21 million bitcoins. And gold, and silver by the way.
Final note, central bank digital currencies, or CBDCs, which are simply LARPing on Bitcoin's success, are indeed created by central banks, and they are indeed classified as Base money. They are going to be a "third rail." They are thankfully incredibly small, pilot projects today. We will see how far democracies will be tested, as autocracies no doubt will mainstream them; but for now, consider them, at least economically, to be inconsequential to the update below. It appears that central banks are actually cooling to them, as of this writing.
With that review out of the way, onward to Q4 update for 2024.
## **Bitcoin is the 6th largest money in the world**
This is unchanged from last quarter.
In February 2024, it surpassed the monetary base of the United Kingdom; that is, its value was larger than the Bank of England's balance sheet, and it remains so to this day.
As of 31 December 2024, it is only the balance sheets of the big four central banks that are larger than Bitcoin. These currencies are:
1. **Federal Reserve (dollar)**: $5.60 trillion
2. **People's Bank of China (yuan)**: $5.04 trillion equivalent
3. **European Central Bank (euro)**: $4.87 trillion equivalent
4. **Bank of Japan (yen)**: $4.20 trillion equivalent
If we remove gold from the equation (and we shouldn't), then Bitcoin could be considered the fifth largest money in the world. Including gold, Bitcoin is the sixth.
However, the all-important monetary metal throughout history that even a child knows about--gold--is still king at around **$17 trillion in value**, or 6 billion ounces worldwide. Note, this does not include gold lost/recycled through industry; in that case, it is estimated that about 7 billion ounces of gold have been mined throughout humanity.
Silver, for what it's worth, is still a big "monetary" metal; though it is true, much more silver is gobbled up in industry compared to gold. There are about 31 billion ounces of non-industrial silver floating around the world (most of it in jewelry and silverware form) that is valued in today's prices at nearly $1 trillion. Bitcoin bigger.
## **State of the print: $25.5 trillion**
This is down $1.5 trillion from last quarter!
However, we must also remember that as currencies lose value against the best-looking horse in the glue factory; that is, the dollar, then this dollar value actually "dampens" the effect of the print. More on this below.
If we consider **$25.5 trillion as the Big Boss** of central bank money, then Bitcoin at $1.8 trillion network value (December, quarter-end figure) indeed has some way to go. But as anyone who follows Bitcoin for a sustained about of time knows, this can change rapidly. We can also imagine how the Pareto distribution occurs even in money, if Bitcoin after only 15 years is already larger than every central bank money in the world except for four of them. Wild to ponder.
## **All-time supply (monetary) inflation: 12.7% per year compounded**
This is a long-term, "smoothed" monetary inflation, or money growth figure. It is looking across all the 50 currencies in my sample, going back to 31 December 1969 for almost 40% of them, and for those that don't, simply adding them into the weighted basket as data becomes available.
Roughly stated, it means that central banks on balance double their money supply every 5.8 years. This is a fact.
However, this overall rate of increase is indeed declining, and has been since 2022. For example, if we looked at this headline figure from last year ending 2023, it blended to **12.9% all-time, or 0.2% higher than now**. Still, even though central banks have been trying to tighten from their overheated 2020-22 money print, the overall, net effects of money growth **in native fiat units** have not changed significantly.
For more detail, we can look at the latest year.
## **Trailing 12-month money growth: -3.0%**
What is very interesting, however, and alluded to above, is how all global currencies continue to decline in *relative value against the dollar*. According to the simple, USD-based trendline analysis for all global currencies in the dataset (see below), we should have a $34 trillion monetary base right now, based on past performance. We have a $25.5 trillion monetary base right now. We are actually *lower than the 2.5th percentile* on this trendline.
But take note: What you are really seeing is actually *not that much less of money printing* (they have been letting up the gas, to be sure), but rather, a tremendous loss in purchasing power of all currencies versus the dollar!
In other words, from 2023 to 2024:
1. The weighted average, native change in money base growth of all currencies was **-3.0% over the prior 12 months**;
2. The overall dollar value change was **-8.5% over the prior 12 months ($25.5 trillion vs. $27.8 trillion)**.
This means that, in the last year, government money lost an **additional 5.5% per year in dollar purchasing power**, beyond its reduction of 3.0% in money print. Wild.
## **Since 2021 peak**
I don't publicize this information as much, and I probably should. In dollar terms, in December 2021, global central bank money printing **peaked at $30.5 trillion**. Big number. Now, it is $25.5 trillion. So one would assume that the printing presses have cooled by 16.4% in the last three years.
But again, as I have just described above, we are trying to see beyond Wittgenstein's Ruler here. This can be difficult, because we have 50 different currencies to contend with.
It is true, in the last three years, the **dollar value** of the top 50 currencies in the world has fallen by 16.4%.
*But does that mean that central banks are printing 16.4% less than before 2021?*
No.
In fact, when you look at the weighted average of each central bank's performance over the last three years, in their *native currency units*, you will find **that the weighted average decline in printing is only 2.4%**.
Notice anything? This decrease over three years is actually *less* than the decline over the last 12 months, which was 3.0% (section above).
And most obviously, **it is far less than 16.4%**.
There are dollar values. These grow differently from all the **native currency units**, because of foreign exchange rates.
**There are native currency units**. These grow differently from all the dollar values of these currencies, because of foreign exchange rates.
Central banks are printing less over the last three years: **2.4% less overall**. But this is much less than the decline in the dollar value of 50 currency stocks over the last three years: **16.4% decline**.
One must tear through the numbers to understand both ideas. I have provided you with both.
## **New data: China**
Firstly, what I am about to say has nothing to do with what I've described above, except for a very small impact on the overall, headline figure of 12.7% money growth. This is a historical addition.
I have added some important new monetary data this quarter, and that is from the quasi-transparent yet enormous economy of China. On the PBoC website, they publish balance sheet data back to only 31 December 1999. I have used this timespan for seven years now in my quarterly updates. However, I have now gone through some new figures from the book *China Financial Statistics (1949-2005)* and added additional data points all the way back to 1969 for China. It is published from PBoC sources. I am using M0 figures from 1969 until 1993 (only available, very compatible, as a subset of base money), and from 1993, they begin publishing full monetary base data. The break in growth metrics when switching from M0 to MB in 1993 is ignored.
The changes from this new data--from a huge, growing economy such as China will, as expected, boost the overall inflation numbers in my dataset. These are the net effects of the new data, as of 31 December 2024:
**China Monetary base average monthly growth for entire series:**
1. Old data from 1999: 0.85%
2. New data from 1969: 1.04%
**China Monetary base compound annual growth for entire series:**
1. Old data from 1999: 10.73%
2. New data from 1969: 14.24%
**Overall Monetary base compound annual growth for entire series:**
1. Before this additional China data: 12.56%
2. After this additional China data: 12.73%
So the net effect on "global monetary inflation" with this additional data is 17 basis points, or 0.17%. I thought the overall effect could be higher, but one must remember these growth rates are weighted by the *relative USD value of each respective base money*, on a continuous basis, updating each month. In the 1960s, 1970s, and 1980s, China was a much smaller proportion of the global economic pie than it is today.
One final point with this new data, and with my monetary inflation data overall. I am fairly confident my headline number of **12.6-12.7% per year compounded** for global money growth is *conservative*. These are the top 50 currencies in the world. We just saw what new data did to the entire dataset, and from a huge country no less. If I were to add more currencies, such as those from Kenya or Morocco (and I will), these currencies will only marginally affect this headline money growth figure. What's more, this new data will by definition come from ***smaller, more volatile, higher inflation-producing*** currencies, so I would only expect my headline figure to creep higher, the further it is refined.
***Huge thanks to Eryn @reltbracco (npub1e2rd2k45ym2jmctnysfadxumrvrr57vqj69ck6trt2y62c40r0kqs9lx8t) for sifting through tons of Chinese historical content here, and for eventually finding a great book with Chinese historical monetary data that was in English!***
## **The trends**
The remainder of the report is an update on global trends in demographics, money, and economics. All of these trends are **exponential curves**. The sole exception, is Bitcoin. It's price and market cap action, across time, are **power curves**.
One further change. I have allowed the 2.5 and 97.5 red percentile bands to evolve over time. I think this presentation allows the reader to see that trends indeed can change, across time. However, **the all-time trendline**, as of today, is the solid, black trendline.
We are where we are. Plan accordingly, never financial advice.
## **Population**
The world has grown exponentially at **1.7% per year** over the last 75 years. However, despite all the overpopulation myths you've probably heard, this rate of growth is actually falling, well below trend, and we only grow at **0.9% per year** at the moment, pulling the overall trend down every year.
## **US GDP**
The United States has grown its economy at 5.2% compounded per year since the founding of the republic. We are at the higher end of this trend right now, $29 trillion output per year, growing at **5.3% per year**. As this is exponential growth, if I put it on log scale, it will become a straight line.
## **Stock market**
Stocks grow exponentially as well, don't let anyone tell you otherwise. The growth rate is **7.3% per year** for the S&P 500, the main US index that tracks more than 80% of total market caps. Currently, the market is well above trend.
## **Stock market: Dividends reinvested**
*If you reinvest those dividends* into the same stock market, you'll earn more. The all-time compound annual growth increases by 2% to **9.3% per year**Â for the S&P.
## **Bonds**
Bonds are supposedly safer than stocks (bondholders get paid back first), and more regular cash flowing. If you look at the longest running bond index in the US, it grows at **7.0% per year**, compounded. Notice how, in a rising interest rate environment (which we are in at the moment), bond prices will suffer. In this case, it's the Bloomberg Aggregate Bond Index. This has kept the bond market returns at the lower end of the range, since the global financial crisis in 2008. Not even 1% TTM return.
## **Base Money**
As we've discussed, base money grows across the world at a weighted average of **12.7% compounded per year**. However, this trendline analysis looks at it differently than my headline figure. It simply looks at the USD value of the global monetary base (again, currently **$25.5 trillion**), and draws an exponential trendline on that USD equivalent growth for 50+ years. In other words, this is going to be *after all currency fluctuations* have played themselves out.
**Slope of the trend is 10.2% compounded for this one.**
This is further confirmation that, even though central banks around the world like to print at 12.7% compounded all-time in native unit terms, they will always lose value against the world's reserve currency, as that shakes out to around 10.2% compounded in USD-terms.
And we really are scraping the bottom of this range. 0.7x the trendline, which
## **Silver supply**
This is total ounces ever mined. They trend upward at **1.4% per year**.
## **Gold supply**
This is total ounces ever mined. Gold trends upward at **1.7% per year**. Faster than silver. Surprised? Notice the R-squared (goodness of fit) for both silver and gold production increase.
## **Bitcoin supply**
Bitcoins grow according to a basic logarithmic curve. Trying to draw percentiles is pointless here, and even measuring a trendline is relatively pointless, as everyone knows the bitcoins prescribed into the future, per the protocol. Better to just quote the trailing 12-month growth figure, and it is **1.2% per year** and falling, as of quarter end Dec-2024. Less than gold or silver.
## **Silver price**
Since 1971 it's trended at 3.5% per year. Silver bug?
## **Gold price**
Since 1971 it's trended at 5.1% per year. Gold bug?
## **Bitcoin price**
Bitcoin's price (and market cap) grows according to a power trend. Did you notice that the prior exponential trends displayed themselves as straight lines on log scale? Well, with Bitcoin, the power trendline gradually falls across time, but the growth is still well larger than anything we've covered thus far. Now, we have finally arrived at something that grows differently than exponential.
[As I've observed since 2018](https://x.com/1basemoney/status/1079740420438011905)
.
Why? Because you are viewing an *adoption curve*. This is how networks scale.
Bitcoin's power trendline has grown **164% per year** since Bitcoin Pizza Day in 2010. Note that this is something akin to a "Lifetime Achievement" figure, and it will continue to fall every day. Over the prior 12 months ending 31-Dec-2024, Bitcoin grew **121.1%.** The compound growth of the power trend today is just under **44% per year**. By 2030 it will fall to "only" **31% per year**. You can find more dissection of the
[power curve on my website here](https://www.porkopolis.io/thechart/)
.
Oh yes, and it is free (as in speech), open, and permissionless money.
## **To summarize**
That was a lot of data across a lot of charts. I've compiled all these trendlines and data in a helpful table here for you to review at any time. These are the growth trends of the monetary and major asset world, as of year-end 2024:
Again, a quick breakdown on why Bitcoin is so interesting, and confounding. Where most things in the financial and economic world grow *exponentially*, Bitcoin is actually a compilation of *three* different trend patterns:
## **Conclusion**
Below is a detailed summary of all the input assets:
1. 50 fiat currencies: $25.5 trillion
2. Gold: $17.1 trillion
3. Silver: $1 trillion
4. Bitcoin: $1.8 trillion
Print it out if you like!
Thank you for reading. This takes a lot of time to put together each quarter. If you enjoyed, please consider zapping, and you can also donate to my [BTCPay](https://donations.cryptovoices.com/) on [my website](https://www.porkopolis.io/) if you'd like to help keep this research going.
Take care.
-
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@ 4d41a7cb:7d3633cc
2025-02-25 13:53:41
Money is more abstract than most people think, as I will show in this article. Debt slavery stems from financial illiteracy, which occurs intentionally. The biggest secret is how bankers actually create **currency claims out of thin air and transfer the wealth of their clients (including nation states) to themselves for free without risking a cent, real money, or currency.**
## **MONEY**
Money, one of the most important things in our lives, is so important that we exchange wealth to obtain it. Not because we want it but because we need it in order to buy food, shelter, clothes, etc.
Money is not inherently bad, although some may argue that the love for money is the root of all evil, and I'll agree. If you are willing to sacrifice your soul, honor, reputation, family, or friends for money, it indicates a lack of morality and a willingness to engage in harmful actions to satisfy your greed and materialistic desires.
**Money is a technology, a tool, and like any tool or technology, it is impartial**; it cannot be inherently good or bad. It can be used to help others or to destroy them. At the end of the day, itâs all about the intention behind human behavior.
Money is not just a useful tool; itâs **the most important tool** to have for global commerce, division of labor, specialists, and the level of sophistication and comfort we achieve as humanity. All of this will not be possible without this tool working as a common medium of exchange and standard of value, a common language for all humanity: the language of monetary value.
**Money is the cornerstone of civilization.**Â Money is the bloodstream of commerce, and commerce is the spine of civilization; itâs what made our civilization so prosperous, letting any one of us decide how we want to provide value to society.
Money is half of every transaction, and since we will always need to intermediate between every exchange, money is the perfect intermediary to help achieve millions of different combinations of exchanges. It will be practically impossible to barter on a global scale; even in a small community with a few different products, it will be a mess.
For example, if there were 10 products, there would be 45 combinations; if there were 100, there would be 4950 combinations. Imagine a scenario on a large scale, requiring the exchange of hundreds of thousands of products every second..
This issue **necessitated the development of a new technology: money, which in turn led to the emergence of moneychangers (v4v). Money is a tool to exchange, measure, and store wealth.** Wealth is anything we can sell: our labor (time and energy), our house, a car, a product, a service, etc.
**Gold and silver were money for thousands of years**Â because of their unique characteristics of scarcity, durability, divisibility, and transportability. The most important characteristic of these metals is that they are scarce, and they canât be created out of thin air or reproduced with no effort.
**Only God can control the supply of gold and silver found in nature.** Men can only extract it, and it requires investment, work, time, and effort to find and mine it. So the common knowledge and the common sense of the people over thousands of years consensually chose gold and silver as money. And **this money is the only lawful money under common law.**
> âGold is money, everything else is creditâ
>
> J.P. Morgan 1912
As an interesting fact, the word "money" is used 140 times in the King James Bible, the word "gold" is mentioned 417 times, and the word "silver" over 320 times. But the word âcurrencyâ is not mentioned a single time.
The most important function of money is to **exchange and store your time and energy**. You work to acquire money and then use that money to acquire other goods and services.
**Our time and energy is our real wealth**Â because itâs limited. We all have a limited time on earth, and we can do certain things in the 24 hours we have every day, so we have to be conscious about how we administrate and store the fruits of our labor.
Money is a means to an end; we don't want money; we want what money can buy, and guess what, money cannot buy more time.
## **CURRENCY = FAKE MONEY**
**Currency exists as a money substitute.** Currencies began as the opposite of money, the **promise to deliver money in the future: debt**. Currencies can be used to exchange wealth, but they are not a fair unit of account and are never a good way to store it because men are tempted to create more and dilute its value (a process known as inflation)
Currencies have almost all the same characteristics of money, but thereâs a big difference: **currency is not scarce and durable**. Missing the store of value characteristic of money, since **its supply can be manipulated by men.**
For wealth preservation and measuring, modern currencies make no sense. Men control the supply of currency; **banks and governments can inflate or deflate it in any amount they please, giving them supreme power and control over wealth distribution.**Â This creates two classes of citizens: those who work to acquire currency and those who create it instantly and for free.
International banks have stolen money (gold and silver) over the past century, replacing its supply with currency or fake money (paper receipts). \[1913, 1933, 1944, 1971\]
Under this monetary game, those with "fixed income," savers, and creditors are the biggest losers, while debtors and asset owners are the winners..
The **most important distinction to keep in mind is that nature controls the money supply, making artificial inflation impossible.** On the other hand, men can inflate currency in unlimited amounts. It is **a manifestation of God's power on earth, as the mediums of exchange serve as the lifeblood of commerce, the backbone of our economic system, and facilitate the division of labor.**
If someone can **inflate the currency supply, this has the same economic effect as counterfeiting,** and heâs effectively stealing from everyone contracting, trading, and saving in that currency. Manipulating the mediums of exchange in an economy enables manipulation of every security, industry, and business.
This is the reason the founding fathers of the United States made gold and silver only lawful money for the payment of debts. To give everyone equal protection under the law and to get rid of the nobility and two types of citizens: bankers and workers or nobles and plebeians.
> Bank-notes are not money. It 's currency. Itâs unfair to take banks' currency as a standard for comparison.
>
> Bank-note currency is not âlawful moneyâ. It never could be counted as part of banks cash reserves. ***It would be too much like a man writing and signing his own promissory note for a million and then claiming that this made him a millionaire.***
>
> The very grave evils any currency depreciation always impose upon businesses and the people.
>
> Alfred Owen Crozier, US Money vs Corporate currency, 1912
So money has three very important functions that work as the pillars on which the wellness of our economic system and civilizations relies. Currency is not a store of value because its supply can be easily manipulated, men in power can create more of it, and so using this always-changing currency as a standard of value or a unit of account is like using an always-changing ruler to measure distance. A dollar today does not buy the same as a dollar one year ago. So yesterday prices are not equal to today's prices; this is an unfair business calculation.
So money has three very important functions that work as the pillars on which the wellness of our economic system and civilizations rel**ies. Currency is not a store of value because its supply can be easily manipulated**, men in power can create more of it, and so using this always-changing currency as a standard of value or a unit of account is like using an always-changing ruler to measure distance. **A dollar today does not buy the same as a dollar one year ago**. So yesterday prices are not equal to today's prices; this is an unfair business calculation.
There are several Bible verses that discuss the manipulation of weights and measures, emphasizing the importance of honesty and fairness in commercial dealings.
1. Leviticus 19:35-36 New International Version (NIV): "**Do not use dishonest standards when measuring length, weight, or quantity.**Â Use honest scales and honest weights, an honest ephah, and an honest hin.
2. Deuteronomy 25:13-15: Do not have two differing weights in your bagâone heavy, one light. Do not have two differing measures in your houseâone large, one small. **You must have accurate and honest weights and measures**.
3. Proverbs 11:1â"A "**dishonest scale is an abomination to the Lord**, but a just weight is his delight."
**Fake money (currency) is always and everywhere a dishonest scale.**Â So if you want a real measure of value or wealth use something with real value instead, like gold, commodities, products, times, etc.
Bankers have redefined the word money to mean fake money, currency, or debt. And this is not the worst part. Letâs introduce another concept: credit.
## **CREDIT = FAKE CURRENCY**
**Real credit is the promise to pay money in the future.** It involves delaying the payment of money. **Currency was born as credit**, as a money certificate or receipt. During the last century, banks gradually replaced 100% of the money with currency and bank credit to further boost their profits and control. \[1913, 1933, 1944, 1971\]
But in order to achieve this goal, **bankers redefined the word money to mean the opposite of money: credit/debt. This is like calling a night a day or evil a good.**
When you take out a loan from a friend, you receive credit from him, but you also incur a debt with him. You promise your friends that you will pay them (asset/right), and you owe them (liability/obligation). The asset and the liability are one and part of the same deal; they cannot exist without the other. Thereâs no credit with no debt, no debt with no credit, and no liability with no asset.
Federal Reserve notes, commonly known as **âdollars,â** are a private corporate currency; they are **not money** because they are not gold or silver, nor receipts for these metals as many people still believe. They were not redeemable in money from the start, despite being created under the assumption.
The âpesoâ (Spanish word for weight) used to be a standardized amount of gold or silver, but itâs not any more; it's just a debt denomination. And what's owing? Currency. **How can someone lend the opposite of money and charge interest? O**nly deceiving you into believing that he is lending you money. So they redefined the word money to mean the opposite of it.
But redefining words does not change the economic effect of the transaction.
When currencies first appeared, I can imagine people asking themselves, "How can people trust these paper certificates in exchange for their money?" Who will be that stupid?â And **nowadays, people donât understand the difference between money and currency, to the point that bankers redefined the word "money" to mean the opposite of "money."**
Lesson: Money is not just a medium of exchange; it is also a store of value and a unit of account. Currency, the opposite of money, is debt. Since it can be created in unlimited amounts, it can't work as a store of value because its value depreciates as more units are created; for this same reason, it is not fair to denominate values in currency units since one currency unit today does not buy the same as a year ago because of inflation, the loss of purchasing power.
Summarize: While money, currency, and credit all serve as effective mediums of exchange, only money serves as a reliable store of value for saving. Currency and credit are not stores of value (not good to save), and there are not fair units of account (not good for price).
In simple terms, money is not currency, because currency is just credit and debt. We can conceptualize it as a ledger, a record of who owes what to whom. Currency is fake money since itâs the opposite of a store of value; it's always depreciating in value while its supply is inflated. This is the definition of inflation.
**Modern credit is not currency; itâs the opposite. Itâs the promise to deliver currency in the future, the promise of a promise of money (in theory). But thereâs no money behind. Itâs an air loan.**
But how did we get here? Is everyone stupid? No, we have been tricked, manipulated, and dictated to use these currencies, and this banking system was forced on us. They stole our money and replaced it with fake substitutes to boost their profits.
## **MODERN MEDIUMS OF EXCHANGE = MONOPOLY MONEY**
**So nowadays we have fake money acting as cash/currency and fake currency acting as bank deposits or credit.**Â One is worse than the other, but both of them serve only as mediums of exchange. Those who store wealth with them will be robbed, and those who calculate business will be lied to.
Today we use currencies (government notes), coins, bank deposits (currency claims), checks (bank deposit claims), credit cards, and debit cards. All of them are âmonopoly moneyâ fake claims based on a big and global fraud.
- *Government notes (government debt)*
Since governments are under the control of central banks, they can only create currency by borrowing. Governments must issue bonds, or debt, and the central bank can generate credit, or currency, to purchase these bonds.
The bond (government liability) is the counterpart of the âassetâ (the currency, a central bank asset). Bonds are debt, and currencies are credit.
When the central bank creates currency to lend it to the government at interest, it has literally the economic effect of **transferring the wealth of the nation to the banks for free**. The banks are not lending anything that they had to labor to produce; instead, they are creating it by printing paper notes or digital currency.
On the other side, governments have to collect money from citizens (producers, merchants, and workers) to pay the interest on the debt.
Despite their best efforts, governments are unable to repay the debt due to interest, which makes it bigger than the amount of currency. Letâs say the debt is 100 at 1% interest. So thereâs only 100 in currency. But at the end of the year, thereâs going to be a debt of 101. In order for the system to keep working, someone else has to go into debt to create more currency units, and governments have to keep borrowing and at least only paying the interest and rolling the debt.
The important thing is that if you have government currency debt free, you own it. This is the new âmoney.â. **Government currency is the ârealâ cash, liquidity, or water.**
- *Bank deposits (bank debt)*
When you deposit your government currency in the bank, you are legally lending your currency to the bank, and the bank owes you the amount you deposit. This currency is not stored by banks until you request it. Banks use this currency as if it were theirs, and they do business with it. Thatâs why I said, **âYour money in the bankâ is not yours; itâs not money; itâs not in the bank.** Its currency, its owe to you, is only registered on the bank ledger as a debt, not in a safe box.
The numbers you get in the bank account, or your balance, are government currency substitutes; they are bank deposits. Your currency deposit is the asset, and the number on your bank account balance is the liability.
But this is not the worst part. Banks lend around 10 times more currency than they have in deposits. So banks have more liabilities than assets (they are literally broke).
People often treat bank deposits, also known as government currency substitutes or bank tokens, as legal tender, allowing banks to create them arbitrarily and 'lend' them to unsuspecting clients who mistakenly believe they are receiving currency.
This is possible only because the bank's deposit has equal cash value.
***Government bonds, government currency, and bank deposits have equal value. But they are not the same.***
All of them have counterparty risk, but **cash, or government currency, is better** or safer than bonds or bank deposits. If interest rates rise, the value of bonds can decrease, and default on bank deposits can result in total loss, a scenario that has frequently occurred.
Keep in mind that bank deposits represent the bank's debts, also known as liabilities. Business activities and risk-taking make your currency unsecured, and they don't compensate you enough for the loan and risk.
- *Debit cards (bank deposit transfer)*
Your bank deposit is your right to get your currency back. When you use a credit card to buy something, you are transferring that right to the seller so he can redeem that bank token for currency if he wishes.
But you have to have had a deposit before you can spend it or transfer it.
- *Checks (bank deposit transfer)*
The same applies to checks. Your bank deposit is your right to get your currency back. When you use a check to buy something, you are transferring that right to the seller so he can redeem that bank token for currency if he wishes.
- *Credit card (bank deposit creator)*
Credit cards are different. When you use a credit card, you are creating a bank deposit backed by your promise of paying it back. By allowing the bank to create a currency substitute out of nothing and charge you high interest, you are essentially working for them for free.
Not only this, but you are also letting them collect fees from the payments processing that cost them nothing and support their fake money as a medium of exchange.
**Using credit cards is literally voting for financial slavery.**Â This is why companies make credit cards so convenient and offer benefits, with the intention of incentivizing and pushing people into the debt slavery system.
## **BANKS = MONEYCHANGERS**
âLoansâ = exchanges
**The history of money is the history of moneychangers**, money dealers, or bankers. Money is an inanimate object. Bankers are alive; they are the ones in charge of making the money, currency, and credit flow or stop.
**They have been in existence for thousands of years**, from Egypt to Rome, where Jesus Christ himself threw them out of the temple and called them thieves, and he was not wrong.
Moneychangers played a crucial role in facilitating trade by exchanging different forms of currency and commodities. The profession of moneychangers evolved over time, particularly during the Roman Empire and the Middle Ages when various currencies were in circulation. In these times, moneychangers would set up shop at markets or public spaces to provide their services and **help merchants convert their money into a form that could be used for transactions with other traders.** As banking systems developed over time, the role of moneychangers expanded to include more complex financial services.
Today, moneychangers are still an essential part of the global economy, helping people exchange currencies and facilitating international trade.
**The Knights Templars** were a Christian military order established in 1119 who played a crucial role in the establishment of the financial system in medieval Europe. They established **a gold-backed credit system** that laid the foundation for the modern banking system. Their financial services included deposit accounts, loans, and even a form of early traveler's checks.
**The history of the goldsmiths**Â starts around 700 years ago in the year 1327. The company became responsible for hallmarking precious metals and played a significant role in regulating the quality and authenticity of gold and silver items. **In exchange for written acknowledgments or "receipts,"** they also provided gold deposit services.
Both groups played significant roles in the development of these early financial instruments, with goldsmiths issuing written acknowledgments for deposited gold and the Knights Templar establishing banking institutions that facilitated the use of such receipts as a form of payment.
This is a brief summary of the beginning of the moneychangers and how they discovered how to multiply money with paper receipts, better understood as counterfeiting. We now refer to it as fractional reserve banking, and let me tell you something: it's based on fraud.
Not only do they create bank deposits when you deposit currency, but they also create them when you "take a loan." Banks do not lend money, and they do not lend currency; they lend bank deposits (bank tokens/IOUs/currency substitutes/ paper receipts).
Banks had to redefine the word money to mean the opposite of money (debt) to trick the people. How can you lend the oposite of money and expect to be paid back plus interest? This took them thousands of years to achieve.
**The fact is that this is not a loan but an exchange.**Â When you take a loan, you sign a contract that creates a promissory note, which is your promise to pay. The bank then takes this promissory note, without your permission (steals), and sells it for cash (if you requiere it) or government bonds (to earn interest).
Your promissory note has equal value to cash and government bonds. And banks always need an asset to create a bank deposit (liability). So the banks literally steal your asset (promissory note) and sell them to create IOUs that they will âlendâ to you.
They âlendâ the oposite of money and call it a loan. The truth is that they are acting as moneychangers, and they are exchanging your IOU (promissory note) for a bank IOU (bank deposit) without your permission and pretending that you pay it back, but they never pay back theirsâĶ
How is this possible? This is only possible because most people treat bank deposits (bank tokens, IOUs, and debts) as a medium of exchange because they trust the banks.
This is the root of inequality under the law. While one group can create IOUs from nothing and steal others, the other must work for them or exchange wealth.
If this bank defaults, its IOUs quickly vanish. This is a mathematical certainty; thatâs why banks that are 'too big to fail' demand bailouts. **Every bank is bankrupt** since they have 7â10 times more liabilities than assets, and the assets they have are not theirs but their clients' assets. The only thing that keeps them alive is the trust of the public and the bailouts of the government.
**This is legalized slavery and theft.**Â Thereâs no other name. Banks own every industry, government, public figure, actor, etc. They have the power of God on earth, and it's time to stop them.
If we let the bank take our wealth for free, we will end up bankrupt, and they will end up owning everything. Every medium of exchange nowadays is an IOU or an IOU of an IOU. Ultimately, it is mathematically impossible to repay all of those IOUs, and banks pretend to keep all the assets.
*Check: IOU = deposit; IOU = cash; IOU = bond; IOU + interest*
The only way this system can continue is to keep creating new IOUs to pay the old ones, but even then (as it has been for over a century), the value of those IOUs keeps falling, causing hyperinflation.
If banks and governments want to âavoidâ (imposible) or relent to hyperinflation, they need to incur a great confiscation. So heads you lose, tails they win, playing this game doesn't make any fucking sense.
Buy Bitcoin, self custody, and fuck the government and the banking system.
Live free or die trying.
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@ 9171b08a:8395fd65
2025-02-25 13:27:26
For the price tag on this room, I would've thought my death bed would be more comfortable. Since I've been admitted I've been in a perpetual state of discomfort despite the medicine that is supposed to keep me numb. The room is dark and I'm alone with the sounds of industry that keep this planet churning through the expanse of space.
The unease goes deeper than the surface, beyond the 1000 thread count Earth cotton grating against my skin, deeper than the cracking sinews of my muscles, it lurks in the wake of the vibrations of my heart as it throbs its final throbs.
The holoscreen comes to life at a thoughts command and quickly my unease turns to irritation as my name crawls across the screen. A woman points to the very hospital where I lay and expresses her sorrow as "One of the greatest men of this era awaits his death."
I suppose it couldn't come quicker. I shut off the holoscreen. Plunge myself back into the darkness and simply watch the shadows of the freighter transports cast through the opaque vinyl shutter as they pass by.
The light comes on. It blinds me and all I can hear are the footsteps that approach. The heels clatter loudly, soles of well made shoes. Expensive, probably Earth made like my sheets.
"You don't have to go through with this old man." I know the voice well. My mentee, the man I've groomed to take over my empire speaks again, "It's not too late to take the regenerons. You'd be looking younger than me within the week."
I don't care to explain myself. I turn away from him and he mutters something else then reaches over and rests a vase on the table in front of me.
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Inside the vase float two scarlet tulips within a bouquet of gypsophila. The flowers smell freshly cut, a scent that instantly freshens my soul and harkens to a time before anyone could imagine I'd be known as "one of the greatest men of the era."
My mentee speaks, but his voice is nothing more than the ruffling of my sheets as I sit up and draw closer to you.
Precious tulips.
Tulips like these, I picked in the endless fields of Verduia. I, like the others who'd been bred to work on that planet, toiled away endless days to pick flowers just like these for affluent people just like me at this very moment.
I was never supposed to have the life I've lived. My biology was built to pick and die. To work, stay poor, and keep my head buried in the fields, that was my purpose.
I worked hard. My hands pruned and nurtured roots in the dark soil. But I loved harder. The memory of your marble skin against the thick layer of dirt beneath my nails will never fade. I've amassed a wealth that is the envy of entire solar systems, but the memory of you is richer.
My tulip, my eternal blossom. I'd run away from the task masters with you and hide in the tall sunflower fields where we'd make love.
People like us weren't meant to be in love. When you passed, I felt no greater discomfort. I thought wealth could fill that void. It hasn't. Not even a millennia since could wash away the memory of you. Only the closure of time, the death of me can remove this ever long dread. Here the need to revive the feeling only you could inspire ends.
-Art By Surenja Rajawat- Find him on instagram @suren.rajawat
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@ 57d1a264:69f1fee1
2025-02-25 13:24:49
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Galoy released a new product called Lana, a platform for bitcoin loans. The team will provide an introduction and then we'll dive into the design.
To get you up to speed, check out the website, slide deck and podcast interview:
- https://www.galoy.io/lana-bitcoin-loans-platform
- https://docs.google.com/presentation/d/1IQocefpCN5_wKX91EWtLa19IpMS_Ye8goNLAgGQbfdU/edit#slide=id.g31d536107ae_0_0
- https://stephanlivera.com/episode/634/
If you get a chance, please take a peek before the call. That makes the design reviews more useful because we need to spend less time going over the basics.
On `Thu Feb 27th · 15:00 â 16:00 CET`
Join from https://meet.jit.si/bitcoindesign
Check your timezone https://everytimezone.com/s/998e22fc
Track https://github.com/BitcoinDesign/Meta/issues/758
originally posted at https://stacker.news/items/896570
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@ e5de992e:4a95ef85
2025-02-25 12:46:53
The future of decentralized identity promises a digital landscape where users have full control over their personal data, privacy, and interactions. When users own their digital presence, several transformative changes could reshape the internet:
---
## Empowerment and Control
### Self-Sovereignty
Users will manage their identities through cryptographic keys rather than relying on third-party platforms. This means you decide what data to share, how to share it, and with whom, eliminating reliance on centralized authorities.
### Data Portability
Decentralized identity frameworks enable seamless movement of personal data across various services. Without vendor lock-in, you can maintain a consistent digital persona, regardless of the platform or application you choose to use.
---
## Privacy and Security
### Enhanced Privacy
With decentralized identity, you control the amount and type of information you reveal. This minimizes exposure to data breaches, unauthorized surveillance, and privacy violations that are common in centralized systems.
### Stronger Security
Cryptography plays a central role in decentralized identity, reducing the risk of identity theft and fraud. Since your identity is not stored in a single, vulnerable location, it's much harder for attackers to compromise your personal information.
---
## Interoperability and Innovation
### Interoperable Ecosystems
Decentralized identity standards can pave the way for interoperable systems where different services and platforms recognize and trust your digital credentials. This can lead to smoother user experiences and increased innovation in digital services.
### New Economic Models
Ownership of your digital identity might also enable new ways to monetize personal data. Instead of platforms harvesting data for profit, users could potentially control and even earn from the use of their own information.
---
## Social and Cultural Impact
### Democratizing the Digital Space
A user-owned digital identity reduces the power imbalance between large tech corporations and individuals. It fosters a more democratic online environment where freedom of expression and personal autonomy are respected.
### Resilience Against Censorship
Decentralized systems distribute data across multiple nodes, making it far more resistant to censorship. This ensures that your voice can be heard even in environments where centralized platforms might suppress it.
---
## Challenges Ahead
### Usability and Adoption
While the potential benefits are significant, mainstream adoption will require overcoming technical and usability challenges. Managing cryptographic keys, for instance, may be daunting for non-technical users unless user-friendly solutions are developed.
### Regulatory and Standardization Issues
As decentralized identity becomes more prevalent, there will be a need for clear standards and regulations to ensure interoperability, security, and consumer protection without stifling innovation.
---
## In Summary
When users own their digital presence, the future of decentralized identity is marked by increased privacy, enhanced control, and a more open, interoperable digital ecosystem. This shift not only empowers individuals but also encourages the development of innovative technologies and business models that prioritize user rights and freedoms in the online world.
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@ 57d1a264:69f1fee1
2025-02-25 12:38:46
I've been pondering how LSPs (lightning service providers) might pan out over time and how that might affect fees, and I am wondering what everyone else is thinking. Some people will always prefer to manage their own channels, and for some specific use cases, that might be preferable. But I am thinking about the broad userbase that does not want to do that. We will need a massive LSP infrastructure to onboard people and to enable insane amounts of payments.
LSPs will need to efficiently open and adjust channels for users, using their own liquidity or sourcing liquidity from other providers, using just-in-time channels, batching and/or splicing to reduce costs and wait times. Across all this, along with facilitating payments, they need to make their business model work and offer different options for users to pay for their services.
Users might be able to:
1. Pay-as-you-go (pay X for Y more liquidity for Z amount of time)
2. Pay X per month for Y inbound liquidity
3. Pay X per month for unlimited liquidity
4. Nothing for liquidity, but higher transaction fees
A wallet might also automatically choose an appropriate LSP based on what is the best and most appropriate deal at the time.
Let's look at user scenarios:
- If someone sends and receives the same amount every month, they will never need more liquidity. They just draw down the same channel and fill it up again. So they would only pay the LSP for them assigning that fixed amount of liquidity to them. Maybe options 1 and 2 are good for them.
- If someone receives more than they send (they save a certain amount every month), they will need more and more inbound liquidity over time. They might choose option 2.
- An online store that receives a ton and can't really estimate how much, might go for option 3.
- For option 4, it depends if the higher transaction fees are fixed or percentage-based.
It's a bit like choosing a data plan for your phone (or for internet at home). You can get a prepaid card, a regular plan with certain limits, or go unlimited. And there are separate plans for small and large businesses, etc. And there are massive amounts of complex infrastructure behind these service providers to make it all work.
So when someone starts using a lightning wallet, maybe they have to first pick an LSP and a plan before being able to receive. Or maybe they get a first channel for free and pay higher fees, and are then prompted to choose a plan. Maybe they need to wait an hour until the LSP has enough channel opens for a batch/splice, to reduce costs. A complex market at work.
Is that how things might pan out? Am I completely off? Is it worth mocking up different scenarios?
```
#bitcoin #LN #BTC #Lightning #LSP #service #zaps #sats #wallet
```
originally posted at https://stacker.news/items/896520
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@ f4c59e4c:82f66850
2025-02-25 12:14:45
## Introduction
Dora Factory actively participated in governance across multiple blockchain ecosystems, including Cosmos Hub, dYdX, Injective, and Osmosis, by casting votes on key proposals. These decisions reflect Dora Factoryâs commitment to supporting network upgrades, optimizing infrastructure, and ensuring responsible treasury and market management. Below is a summary of recent governance actions.
---
## Proposals
### Cosmos Hub
[2025-02-14 Cosmos Proposal 988 Yes](https://www.mintscan.io/cosmos/proposals/988)
Dora Factory voted YES on Cosmos Proposal 987 to approve the Gaia v22 software upgrade. The upgrade includes updates to the Cosmos Hub binary and has been tested by Informal Systems and Hypha Co-op.
### dYdX
[2025-02-04 dYdX Proposal 208 Yes](https://www.mintscan.io/dydx/proposals/208)
Dora Factory voted YES on dYdX Proposal 208 to add the dYdX Operations subDAO (DOS) signer as a market authority in the market map module and remove the 10% revenue share. This change allows DOS to update the market map while ensuring no fees accrue to Market Mappers, aligning with the communityâs interests.
[2025-02-08 dYdX Proposal 210 No](https://www.mintscan.io/dydx/proposals/210)
Dora Factory voted NO on dYdX Proposal 210, which aimed to revive the dYdX client to Sifchain. The proposal was flagged as suspicious due to false claims of support from Informal Systems, lack of prior discussion, and potential security implications for dYdX Chain.
[2025-02-10 dYdX Proposal 211 Yes](https://www.mintscan.io/dydx/proposals/211)
Dora Factory voted YES on dYdX Proposal 211, which recalls the Stride Liquid Staking Program. The proposal transfers control of stDYDX from the dYdX Community Treasury to the dYdX Treasury SubDAO, allowing it to redeem and manage the assets directly.
### Injective
[2025-01-29 Injective Proposal 490 Yes](https://www.mintscan.io/injective/proposals/490)
Dora Factory voted YES on Injective Proposal 490, which aimed to recover the IBC client for Kopi chain.
[2025-02-03 Injective Proposal 491 Yes](https://www.mintscan.io/injective/proposals/491)
Dora Factory voted YES on Injective Proposal 491, which aimed to increase the maximum gas amount per block to 150,000,000 to optimize on-chain transaction handling
[2025-02-06 Injective Proposal 493 Abstain](https://www.mintscan.io/injective/proposals/493)
Dora Factory ABSTAINED on Injective Proposal 493, which aimed to launch an on-chain S&P 500 Index market by introducing the SPY/USDT perpetual market across Injective Exchange dApps.
[2025-02-12 Injective Proposal 494 Yes](https://www.mintscan.io/injective/proposals/494)
Dora Factory voted YES on Injective Proposal 494, which proposed the Nivara mainnet upgrade. The upgrade includes enhancements to the RWA oracle and module architecture, improved delegation controls, and security updates for the exchange module and Injective Bridge.
[2025-02-12 Injective Proposal 495 Yes](https://www.mintscan.io/injective/proposals/495)
Dora Factory voted YES on Injective Proposal 495, which aimed to recover the IBC client used by the Kopi chain. The proposal passed with significant support.
[2025-02-12 Injective Proposal 496 Yes](https://www.mintscan.io/injective/proposals/496)
Dora Factory voted YES on Injective Proposal 496, which aimed to modify the ticker for the TRADFI/USDT PERP market to reflect the appropriate ticker.
[2025-02-20 Injective Proposal 498 Yes](https://www.mintscan.io/injective/proposals/498)
Dora Factory VOTED YES on Injective Proposal 498, which aims to launch the JNI/HDRO Spot Market for trading the JNI token in HDRO-denominated quote.
### Osmosis
[2025-01-29 Osmosis Proposal 897 Yes](https://www.mintscan.io/osmosis/proposals/897)
Dora Factory voted YES on Osmosis Proposal 897, which aimed to recover the IBC client used by the Kopi chain.
[2025-02-04 Osmosis Proposal 898 Yes](https://www.mintscan.io/osmosis/proposals/898)
Dora Factory voted YES on Osmosis Proposal 898, which aimed to reduce gas consumption for Mars contracts by pinning binary contracts and reducing resource usage.
[2025-02-04 Osmosis Proposal 899 Yes](https://www.mintscan.io/osmosis/proposals/899)
Dora Factory voted YES on Osmosis Proposal 899, which aimed to increase the static limits for Alloyed BTC during its rapid growth phase.
[2025-02-04 Osmosis Proposal 900 Yes](https://www.mintscan.io/osmosis/proposals/900)
Dora Factory voted YES on Osmosis Proposal 900, which requested $150,000 USDC from the Osmosis community pool to bootstrap DOGE liquidity by purchasing DOGE and adding it to a DOGE/USDC liquidity pool on Osmosis.
[2025-02-07 Osmosis Proposal 901 Yes](https://www.mintscan.io/osmosis/proposals/901)
Dora Factory voted YES on Osmosis Proposal 901, which authorized the purchase of BTC using 25% of Osmosis' non-OSMO taker fees. The January 2025 purchase was expected to be around 1.4 BTC.
---
## Conclusion
Dora Factoryâs recent votes demonstrate a strong focus on enhancing blockchain infrastructure, optimizing network efficiency, and ensuring responsible asset management. By supporting essential upgrades, market optimizations, and community-driven initiatives, Dora Factory continues to contribute to the long-term sustainability and innovation of these ecosystems.
-
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@ bc575705:dba3ed39
2025-02-25 11:07:17
Perfection is often held as the ultimate goal in many creative pursuits. But in musicâparticularly in the world of lo-fi and experimental genresâimperfections can be a source of magic. As a producer and artist, Iâve come to embrace the raw, unpolished elements in my compositions, finding that they add depth, character, and emotional resonance. In this post, I want to reflect on why imperfections are not just acceptable but essential to my music.
## **The Beauty of Imperfections**
Imperfections in musicâwhether itâs a slightly out-of-tune note, the hiss of tape, or the ambient noise of a recording spaceâhave a way of grounding the sound in reality. They remind us that music is a human endeavor, full of quirks and unpredictability. These imperfections donât detract from the music; they enhance it by creating a sense of authenticity and intimacy.
In my productions, I often incorporate elements like vinyl crackle, tape distortion, and ambient noise to evoke a feeling of nostalgia. These textures bring a warmth and organic quality to the music that can be hard to achieve with overly polished production.
## **Emotional Resonance Through Rawness**
Thereâs something deeply emotional about hearing a piece of music that isnât perfect. A wavering vocal, an unsteady rhythm, or a faint background hum can make a song feel more alive and relatable. Perfection can sometimes feel distant and unattainable, but imperfections invite listeners in, creating a connection that feels personal and genuine.
For example, in one of my tracks, I left in the faint sound of my fingers brushing against piano keys as I played. It wasnât intentional at first, but when I listened back, I realized it added a layer of intimacyâas if the listener was right there in the room with me.
## **Lo-Fi: A Celebration of Imperfection**
Lo-fi music, by its very definition, is an embrace of imperfection. It revels in the hiss of cassette tapes, the crackle of vinyl, and the subtle flaws that traditional production methods might seek to eliminate. This aesthetic aligns perfectly with my philosophy as an artist: that music doesnât need to be flawless to be impactful.
Lo-fiâs imperfections are not limitations; theyâre features that shape its character. By allowing these raw elements to shine, lo-fi creates an atmosphere of nostalgia and comfortâa reminder that beauty often lies in the imperfect and the incomplete.
## **Finding Freedom in the Flaws**
When I stopped striving for perfection, I found freedom. Embracing imperfections allowed me to focus on the emotional core of my work rather than obsessing over technical precision. Itâs in the rawness of a recording, the spontaneity of an improvised melody, or the unpredictable texture of a field recording that I find the most inspiration.
This approach also opens the door to experimentation. When perfection is not the goal, creativity can flow freely. Iâve discovered new sounds and techniques simply by letting go of the need for everything to be âjust right.â
## **A Reflection of Life Itself**
Life is imperfect, and music that reflects this reality often feels the most honest. Just as our lives are filled with unexpected turns, small mistakes, and moments of vulnerability, so too can our music. By embracing these elements, we create art that resonates on a deeper level: music that feels human!
## **Final Thoughts**
Imperfections are not flaws to be hidden; they are the soul of the music. They add character, depth, and emotion that canât be replicated by pristine production alone. As a producer, Iâve found that some of my most meaningful work comes from leaning into the raw, unpolished moments and letting them shape the sound.
To anyone creating music, my advice is this: donât be afraid of imperfections. Embrace them, celebrate them, and let them tell their own story. You might just find that they hold the key to something truly beautiful.
-
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@ d360efec:14907b5f
2025-02-25 10:16:18
**āļ āļēāļāļĢāļ§āļĄ BTCUSDT (OKX):**
Bitcoin (BTCUSDT) āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļĒāļēāļ§ TF Day āļĒāļąāļāļāļāđāļāđāļāļāļēāļĨāļ āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļāļĨāļēāļ TF 4H Sideway down āđāļĨāļ°āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļŠāļąāđāļ TF 15M Sideways Down
**āļ§āļīāđāļāļĢāļēāļ°āļŦāđāļāļĩāļĨāļ° Timeframe:**
**(1) TF Day (āļĢāļēāļĒāļ§āļąāļ):** 
* **āđāļāļ§āđāļāđāļĄ:** āļāļēāļĨāļ (Downtrend)
* **SMC:**
* Lower Highs (LH) āđāļĨāļ° Lower Lows (LL)
* Break of Structure (BOS) āļāđāļēāļāļĨāđāļēāļ
* **Liquidity:**
* āļĄāļĩ Sellside Liquidity (SSL) āļāļĒāļđāđāđāļāđ Lows āļāđāļāļāļŦāļāđāļē
* āļĄāļĩ Buyside Liquidity (BSL) āļāļĒāļđāđāđāļŦāļāļ·āļ Highs āļāđāļāļāļŦāļāđāļē
* **ICT:**
* **Order Block** āļĢāļēāļāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļāļāđāļēāļ Order Block āđāļāđ
* **EMA:**
* āļĢāļēāļāļēāļāļĒāļđāđāđāļāđ EMA 50 āđāļĨāļ° EMA 200
* **Money Flow (LuxAlgo):**
* āļŠāļĩāđāļāļ
* **Trend Strength (AlgoAlpha):**
* āļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļāļ§āđāļāđāļĄāļāļēāļĨāļ
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:**
* Volume āļāđāļāļāļāđāļēāļāļāļīāđāļ
* **āđāļāđāļāđāļāļĩāļĒāļ:** āđāļāđāļāđāļāļĩāļĒāļāļĨāđāļēāļŠāļļāļāđāļāđāļāļŠāļĩāđāļāļ
* **āđāļāļ§āļĢāļąāļ:** āļāļĢāļīāđāļ§āļ Low āļĨāđāļēāļŠāļļāļ
* **āđāļāļ§āļāđāļēāļ:** EMA 50, EMA 200 , Order Block
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄāļāļēāļĨāļ
**(2) TF4H (4 āļāļąāđāļ§āđāļĄāļ):** 
* **āđāļāļ§āđāļāđāļĄ:** āļāļēāļĨāļ (Downtrend)
* **SMC:**
* Lower Highs (LH) āđāļĨāļ° Lower Lows (LL)
* Break of Structure (BOS) āļāđāļēāļāļĨāđāļēāļ
* **Liquidity:**
* āļĄāļĩ SSL āļāļĒāļđāđāđāļāđ Lows āļāđāļāļāļŦāļāđāļē
* āļĄāļĩ BSL āļāļĒāļđāđāđāļŦāļāļ·āļ Highs āļāđāļāļāļŦāļāđāļē
* **ICT:**
* **Order Block** āļĢāļēāļāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļāļāđāļēāļ Order Block āđāļāđ
* **EMA:**
* āļĢāļēāļāļēāļāļĒāļđāđāđāļāđ EMA 50 āđāļĨāļ° EMA 200
* **Money Flow (LuxAlgo):**
* āļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļĢāļāļāļēāļĒ
* **Trend Strength (AlgoAlpha):**
* āļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļāļ§āđāļāđāļĄāļāļēāļĨāļ
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:**
* Volume āļāđāļāļāļāđāļēāļāļāļīāđāļ
* **āđāļāļ§āļĢāļąāļ:** āļāļĢāļīāđāļ§āļ Low āļĨāđāļēāļŠāļļāļ
* **āđāļāļ§āļāđāļēāļ:** EMA 50, EMA 200, Order Block
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄāļāļēāļĨāļ,
**(3) TF15 (15 āļāļēāļāļĩ):** 
* **āđāļāļ§āđāļāđāļĄ:** Sideway Down
* **SMC:**
* Lower High (LH) āđāļĨāļ° Lower Lows (LL)
* Break of Structure (BOS) āļāđāļēāļāļĨāđāļēāļ
* **ICT:**
* **Order Block:** āļĢāļēāļāļē Sideways āđāļāļĨāđ Order Block
* **EMA:**
* EMA 50 āđāļĨāļ° EMA 200 āđāļāđāļāđāļāļ§āļāđāļēāļ
* **Money Flow (LuxAlgo):**
* āđāļāļ
* **Trend Strength (AlgoAlpha):**
* āđāļāļ/ āđāļĄāđāļĄāļĩāļŠāļąāļāļāļēāļ
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:** Volume āļāđāļāļāļāđāļēāļāļŠāļđāļ
* **āđāļāļ§āļĢāļąāļ:** āļāļĢāļīāđāļ§āļ Low āļĨāđāļēāļŠāļļāļ
* **āđāļāļ§āļāđāļēāļ:** EMA 50, EMA 200, Order Block
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄ Sideways Down,
**āļŠāļĢāļļāļāļ āļēāļāļĢāļ§āļĄāđāļĨāļ°āļāļĨāļĒāļļāļāļāđ (BTCUSDT):**
* **āđāļāļ§āđāļāđāļĄāļŦāļĨāļąāļ (Day):** āļāļēāļĨāļ
* **āđāļāļ§āđāļāđāļĄāļĢāļāļ (4H):** āļāļēāļĨāļ
* **āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļŠāļąāđāļ (15m):** Sideways Down
* **Liquidity:** āļĄāļĩ SSL āļāļąāđāļāđāļ Day, 4H, āđāļĨāļ° 15m
* **Money Flow:** āđāļāđāļāļĨāļāđāļāļāļļāļ Timeframes
* **Trend Strength:** Day/4H/15m āđāļāđāļāļāļēāļĨāļ
* **Chart Patterns:** āđāļĄāđāļāļāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ
* **āļāļĨāļĒāļļāļāļāđ:**
1. **Wait & See (āļāļĩāļāļĩāđāļŠāļļāļ):** āļĢāļāļāļ§āļēāļĄāļāļąāļāđāļāļ
2. **Short (āđāļŠāļĩāđāļĒāļ):** āļāđāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļ Breakout EMA/āđāļāļ§āļāđāļēāļāđāļ TF āđāļāđ āđāļāđ āļŦāļĢāļ·āļāđāļĄāļ·āđāļāđāļāļīāļāļŠāļąāļāļāļēāļ Bearish Continuation
3. **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Buy:** āļāļāļāļ§āđāļēāļāļ°āļĄāļĩāļŠāļąāļāļāļēāļāļāļĨāļąāļāļāļąāļ§āļāļĩāđāļāļąāļāđāļāļāļĄāļēāļāđ
**Day Trade & āļāļēāļĢāđāļāļĢāļāļĢāļēāļĒāļ§āļąāļ:**
* **Day Trade (TF15):**
* **Short Bias:** āļŦāļēāļāļąāļāļŦāļ§āļ° Short āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļāđāļāļāļķāđāļāđāļāļāļāļŠāļāļāđāļāļ§āļāđāļēāļ (EMA, Order Block)
* **Stop Loss:** āđāļŦāļāļ·āļāđāļāļ§āļāđāļēāļāļāļĩāđāđāļāđāļē Short
* **Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ (Low āļĨāđāļēāļŠāļļāļ)
* **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Long**
* **Swing Trade (TF4H):**
* **Short Bias:** āļĢāļāļāļąāļāļŦāļ§āļ° Short āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļāļāđāļēāļāđāļāļ§āļāđāļēāļ EMA āļŦāļĢāļ·āļ Order Block āđāļāđ
* **Stop Loss:** āđāļŦāļāļ·āļāđāļāļ§āļāđāļēāļāļāļĩāđāđāļāđāļē Short
* **Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ
* **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Long**
**āļŠāļīāđāļāļāļĩāđāļāđāļāļāļĢāļ°āļ§āļąāļ:**
* **Sellside Liquidity (SSL):** āļĄāļĩāđāļāļāļēāļŠāļŠāļđāļāļāļĩāđāļĢāļēāļāļēāļāļ°āļāļđāļāļĨāļēāļāļĨāļāđāļāđāļāļ° SSL
* **False Breakouts:** āļĢāļ°āļ§āļąāļ
* **Volatility:** āļŠāļđāļ
**Setup Day Trade āđāļāļ SMC (āļāļąāļ§āļāļĒāđāļēāļ):**
1. **āļĢāļ°āļāļļ Order Block:** āļŦāļē Order Block āļāļēāļĨāļ (Bearish Order Block) āđāļ TF15
2. **āļĢāļ Pullback:** āļĢāļāđāļŦāđāļĢāļēāļāļē Pullback āļāļķāđāļāđāļāļāļāļŠāļāļ Order Block āļāļąāđāļ
3. **āļŦāļē Bearish Entry:**
* **Rejection:** āļĢāļ Price Action āļāļāļīāđāļŠāļ Order Block
* **Break of Structure:** āļĢāļāđāļŦāđāļĢāļēāļāļē Break āđāļāļĢāļāļŠāļĢāđāļēāļāļĒāđāļāļĒāđ
* **Money Flow:** āļāļđ Money Flow āđāļŦāđāđāļāđāļāļŠāļĩāđāļāļ
4. **āļāļąāđāļ Stop Loss:** āđāļŦāļāļ·āļ Order Block
5. **āļāļąāđāļ Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ
**āļāļģāđāļāļ°āļāļģ:**
* **āļāļ§āļēāļĄāļāļąāļāđāļĒāđāļāļāļāļ Timeframes:** āđāļĄāđāļĄāļĩāđāļĨāđāļ§ āļāļļāļ Timeframes āļŠāļāļāļāļĨāđāļāļāļāļąāļ
* **Money Flow:** āđāļāđāļāļĨāļāđāļāļāļļāļ Timeframes
* **Trend Strength:** āđāļāđāļāļĨāļ
* **Order Block TF Day:** āļŦāļĨāļļāļ Order Block āļāļēāļāļķāđāļāđāļĨāđāļ§
* **āļāđāļēāđāļĄāđāđāļāđāđāļ āļāļĒāđāļēāđāļāļīāđāļāđāļāđāļēāđāļāļĢāļ**
**Disclaimer:** āļāļēāļĢāļ§āļīāđāļāļĢāļēāļ°āļŦāđāļāļĩāđāđāļāđāļāđāļāļĩāļĒāļāļāļ§āļēāļĄāļāļīāļāđāļŦāđāļāļŠāđāļ§āļāļāļąāļ§ āđāļĄāđāļāļ·āļāđāļāđāļāļāļģāđāļāļ°āļāļģāđāļāļāļēāļĢāļĨāļāļāļļāļ āļāļđāđāļĨāļāļāļļāļāļāļ§āļĢāļĻāļķāļāļĐāļēāļāđāļāļĄāļđāļĨāđāļāļīāđāļĄāđāļāļīāļĄāđāļĨāļ°āļāļąāļāļŠāļīāļāđāļāļāđāļ§āļĒāļāļ§āļēāļĄāļĢāļāļāļāļāļ
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@ d360efec:14907b5f
2025-02-25 09:12:44
$OKX:BTCUSDT.P
**Overall Assessment:**
Bitcoin (BTCUSDT) on OKX is currently showing a bearish trend across all analyzed timeframes (Daily, 4-Hour, and 15-Minute). While the long-term trend (Daily) was technically an uptrend, it has *significantly weakened* and broken key support levels, including a major bullish Order Block and the 50-period EMA. The 4-hour and 15-minute charts confirm the downtrend. This analysis focuses on identifying potential areas of Smart Money activity (liquidity pools and order blocks), assessing trend strength, and looking for any emerging chart patterns.
**Detailed Analysis by Timeframe:**
**(1) TF Day (Daily):**
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* **Trend:** Downtrend
* **SMC (Smart Money Concepts):**
* The Higher Highs (HH) and Higher Lows (HL) structure is *broken*.
* Prior Breaks of Structure (BOS) to the upside, but now a significant and deep pullback/reversal is underway.
* **Liquidity:**
* **Sellside Liquidity (SSL):** Significant SSL rests below previous lows in the 85,000 - 90,000 range.
* **Buyside Liquidity (BSL):** BSL is present above the all-time high.
* **ICT (Inner Circle Trader Concepts):**
* **Order Block:** The price has *broken below* the prior bullish Order Block. This is a *major bearish signal*.
* **FVG:** No significant Fair Value Gap is apparent at the current price level.
* **EMA (Exponential Moving Average):**
* Price is *below* the 50-period EMA (yellow).
* The 200-period EMA (white) is the next major support level.
* **Money Flow (LuxAlgo):**
* A *long red bar* indicates strong and sustained selling pressure.
* **Trend Strength (AlgoAlpha):**
* Red cloud, indicating a downtrend. No buy/sell signals are present.
* **Chart Patterns:** No readily identifiable chart patterns are dominant.
* **Volume Profile:** Relatively low volume.
* **Candlesticks:** Recent candlesticks are red, confirming selling pressure.
* **Support:** EMA 200, 85,000-90,000 (SSL area).
* **Resistance:** EMA 50, Previous All-Time High.
* **Summary:** The Daily chart has shifted to a downtrend. The break below the Order Block and 50 EMA, combined with negative Money Flow and Trend Strength, are all strong bearish signals.
**(2) TF4H (4-Hour):**
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* **Trend:** Downtrend.
* **SMC:**
* Lower Highs (LH) and Lower Lows (LL).
* BOS to the downside.
* **Liquidity:**
* **SSL:** Below previous lows.
* **BSL:** Above previous highs.
* **ICT:**
* **Order Block:** The price was rejected by a bearish Order Block.
* **EMA:**
* Price is below both the 50-period and 200-period EMAs (bearish).
* **Money Flow (LuxAlgo):**
* Predominantly red, confirming selling pressure.
* **Trend Strength (AlgoAlpha):**
* Red cloud, confirming downtrend.
* **Chart Patterns:** No readily identifiable chart patterns.
* **Volume Profile:** Relatively steady volume.
* **Support:** Recent lows.
* **Resistance:** EMA 50, EMA 200, Order Block.
* **Summary:** The 4-hour chart is in a confirmed downtrend. Money Flow and Trend Strength are bearish.
**(3) TF15 (15-Minute):**
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* **Trend:** Downtrend / Sideways Down
* **SMC:**
* Lower Highs (LH) and Lower Lows (LL).
* BOS to the downside.
* **ICT:**
* **Order Block** price is near to a bearish Order Block.
* **EMA:**
* The 50-period and 200-period EMAs are acting as resistance.
* **Money Flow (LuxAlgo):**
* Red
* **Trend Strength (AlgoAlpha):**
* Red/No signals
* **Chart Patterns:** None
* **Volume Profile:**
* Relatively High Volume
* **Support:** Recent lows.
* **Resistance:** EMA 50, EMA 200, Order Block.
* **Summary:** The 15-minute chart is clearly bearish, with price action, EMAs, and Money Flow all confirming the downtrend.
**Overall Strategy and Recommendations (BTCUSDT):**
* **Primary Trend (Day):** Downtrend
* **Secondary Trend (4H):** Downtrend.
* **Short-Term Trend (15m):** Downtrend/ Sideways Down.
* **Liquidity:** Significant SSL zones exist below the current price on all timeframes.
* **Money Flow:** Negative on all timeframes.
* **Trend Strength:** Bearish on Day,4H and 15m.
* **Chart Patterns:** None identified.
* **Strategies:**
1. **Wait & See (Best Option):** The strong bearish momentum on all shorter timeframes.
2. **Short (High Risk):** This aligns with the 4H and 15m downtrends.
* **Entry:** On rallies towards resistance levels (EMAs on 15m/4H, previous support levels that have turned into resistance, Order Blocks).
* **Stop Loss:** Above recent highs on the chosen timeframe, or above a key resistance level.
* **Target:** The next support levels (recent lows on 15m, then potentially the SSL zones on the 4H and Daily charts).
3. **Buy (Extremely High Risk - NOT Recommended):** Do *not* attempt to buy until there are *very strong and consistent* bullish reversal signals across *all* timeframes.
**Key Recommendations:**
* **Conflicting Timeframes:** The conflict is resolved toward the downside. The Daily is weakening significantly.
* **Money Flow:** Consistently negative across all timeframes, a major bearish factor.
* **Trend Strength:** Bearish on Day,4h and 15m.
* **Daily Order Block:** The *break* of the bullish Order Block on the Daily chart is a significant bearish development.
* **Sellside Liquidity (SSL):** Be aware that Smart Money may target the SSL zones below. This increases the risk of stop-loss hunting.
* **Risk Management:** Due to the high uncertainty and volatility, *strict risk management is absolutely critical.* Use tight stop-losses, do not overtrade, and be prepared for rapid price swings.
* **Volume:** Confirm any breakout or breakdown with volume.
**Day Trading and Intraday Trading Strategies:**
* **Day Trade (TF15 focus):**
* **Short Bias:** Given the current 15m downtrend and negative Money Flow, the higher probability is to look for shorting opportunities.
* **Entry:** Look for price to rally to resistance levels (EMAs, Order Blocks, previous support levels that have become resistance) and then show signs of rejection (bearish candlestick patterns, increasing volume on the downside).
* **Stop Loss:** Place a stop-loss order above the resistance level where you enter the short position.
* **Take Profit:** Target the next support level (recent lows).
* **Avoid Long positions** until there's a *clear* and *confirmed* bullish reversal on the 15m chart (break above EMAs, positive Money Flow, bullish market structure).
* **Swing Trade (TF4H focus):**
* **Short Bias:** The 4H chart is in a downtrend.
* **Entry:** Wait for price to rally to resistance levels (EMAs, Order Blocks) and show signs of rejection.
* **Stop Loss:** Above the resistance level where you enter the short position.
* **Take Profit:** Target the next support levels (e.g., the 200 EMA on the Daily chart, SSL zones).
* **Avoid Long positions** until there's a *clear* and *confirmed* bullish reversal on the 4H chart.
**SMC Day Trade Setup Example (TF15 - Bearish):**
1. **Identify Bearish Order Block:** Locate a bearish Order Block on the TF15 chart (a bullish candle before a strong downward move).
2. **Wait for Pullback:** Wait for the price to pull back up to test the Order Block (this may or may not happen).
3. **Bearish Entry:**
* **Rejection:** Look for price action to reject the Order Block (e.g., a pin bar, engulfing pattern, or other bearish candlestick pattern).
* **Break of Structure:** Look for a break of a minor support level on a *lower* timeframe (e.g., 1-minute or 5-minute) after the price tests the Order Block. This confirms weakening bullish momentum.
* **Money Flow:** Confirm that Money Flow remains negative (red).
4. **Stop Loss:** Place a stop-loss order *above* the Order Block.
5. **Take Profit:** Target the next support level (e.g., recent lows) or a bullish Order Block on a higher timeframe.
**In conclusion, BTCUSDT is currently in a high-risk, bearish environment. The "Wait & See" approach is strongly recommended for most traders. Shorting is the higher-probability trade *at this moment*, but only for experienced traders who can manage risk extremely effectively. Buying is not recommended at this time.**
**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.
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@ b8af284d:f82c91dd
2025-02-25 08:11:32
Liebe Abonnenten,
*âThe Fourth Turningâ ist ein epochemachendes wie hellseherisches Buch von William Strauss und Neil Howe. Es erschien 1997 mit der These, wonach Geschichte in Zyklen von 80 bis 100 Jahren verlaufe. Jede Gesellschaft durchlaufe vier Phasen (âTurningsâ): **High, Awakening, Unraveling und Crisis**. Nach der Crisis kommt es zum âFourth Turningâ - welches die Autoren in den Jahren 2020 bis 2030 prophezeiten. Das klingt nach esoterischer Science-Fiction-Literatur, ist es aber nicht: Der mittlerweile verstorbene Strauss war Historiker, Howl ist Ãkonom. In âThe Fourth Turningâ argumentieren sie demnach weitgehend wissenschaftlich. Die Argumentation hier wiederzugeben, wÞrden den Rahmen sprengen. Aber nur soviel: Wir sind mittendrin. Abseits des turbulenten Tagesgeschehens beginnt sich, eine neue Finanzordnung abzuzeichnen.*
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Musk und sein â[Department of Government Efficiency](https://x.com/DOGE)â drehen gerade jeden Stein um, den sie finden kÃķnnen. Alle Ausgaben der Regierung kommen auf den PrÞfstand.
Deswegen wurden sÃĪmtliche Zahlungen an die vermeintliche Entwicklungshilfe-Organisation USAID gestrichen. In die meisten Leitmedien schafften es nur Meldungen, wonach nun [Projekte zur FÃķrderung von Beschneidungen in Mozambique und BiodiversitÃĪt in Nepal ](https://x.com/DOGE/status/1890849405932077378)kein Geld mehr erhalten. Weniger war davon zu lesen, dass USAID als Deckorganisation fÞr die CIA funktionierte und zum Beispiel[ die Forschung an pathogenen Corona-Viren in China](https://www.washingtonexaminer.com/news/486983/usaid-wont-give-details-on-4-67-million-grant-to-wuhan-lab-collaborator-ecohealth-alliance/) mit 4,6 Millionen finanzierte. Auch mit dabei: [2,6 Millionen Dollar an ein Zensur-Programm namens âCenter for Countering Digital Hate (CCDH](https://x.com/AllumBokhari/status/1892027594666541412))â und vieles mehr: eine gute Ãbersicht findet man hier auf der [Website des WeiÃen Haus](https://www.whitehouse.gov/fact-sheets/2025/02/at-usaid-waste-and-abuse-runs-deep/)â. Die Einsparungen sind so hoch aktuell rund neun Milliarden US-Dollar, das darÞber nachgedacht wird, einen Teil der Steuergelder wieder an die BÞrger zurÞckzuzahlen: [Die âDogeDividendâ kÃķnnte bei 5000$ pro Kopf liegen](https://x.com/DeItaone/status/1892182305487097877). (Wer sich noch an den Covid-Stimulus in HÃķhe von 1200$ erinnert, weiÃ, welche Rally die Zahlungen 2020 auslÃķsten).
Der Kassensturz umfasst aber lÃĪngst nicht nur USAID, sondern betrifft sÃĪmtliche Staatsausgaben. SÃĪmtliche Ausgaben und VermÃķgenswerte der USA werden erfasst und hinsichtlich ihrer NÞtzlichkeit ÞberprÞft.
Im Rahmen von DOGE lieà Elon Musk kÞrzlich fragen, ob es nicht mal Zeit fÞr eine ZÃĪhlung der Gold-Reserven wÃĪre. In Fort Knox, das die meisten wahrscheinlich aus James-Bond-Filmen oder Donald-Duck-Comics kennen, lagern mindestens 4800 Tonnen Gold - Þber die HÃĪlfte der amerikanischen Reserven. Das heiÃt: Niemand weià genau, wie viel es eigentlich sind. Die letzte Inventur fand 1953 statt.
Dasselbe gilt fÞr die Zahlungen in die Ukraine. Mindestens 270 Milliarden US-Dollar haben die USA an Kiew gezahlt. Das Resultat: vermutlich Þber eine halbe Million Tote, ein vÃķllig zerstÃķrtes Land und ein korruptes System.
Nach der Rede von JD Vance bei der MÞnchener Sicherheitskonferenz ist Europa erst einmal in Schnappatmung gefallen. Am Dienstag darauf folgten zum ersten Mal seit Jahren direkte GesprÃĪche zwischen Moskau und Washington in Saudi-Arabien. EuropÃĪer waren nicht eingeladen, die hielten stattdessen ein Krisentreffen in Paris ab.
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Innerhalb der EU wird jetzt von einem neuen MilitÃĪrfonds gefaselt, um die grÃķÃte AufrÞstung des Kontinents seit 1933 zu finanzieren. [700 Milliarden Euro soll der umfassen, finanziert durch SteuererhÃķhungen](https://www.berliner-zeitung.de/wirtschaft-verantwortung/baerbock-verplappert-sich-nach-der-wahl-milliarden-fuer-ukraine-li.2295623), da ja der Schutz der USA jetzt wegfalle. Man kann nur hoffen, dass die EU-BÞrokratie zusammen mit Selenski nicht auf die Idee kommt, den Krieg allein weiterzufÞhren oder den Friedensprozess zu sabotieren.
Vielen dÞrfte allerdings klar sein, dass sich demnÃĪchst etwas grundsÃĪtzlich ÃĪndern wird. Die Trump-Administration ordnet die Welt neu, und damit auch die globale Finanzarchitektur. Was hat es damit auf sich? Und worum geht es eigentlich?
Zur Erinnerung: Mit dem Beitritt Chinas zur Welthandelsorganisation 2001 wurde die industrielle Basis der USA nach und nach ausgehÃķhlt. Chinesische Waren waren billiger - und so verlagerten sich immer mehr Industrien nach China. Deutschland profitierte relativ lÃĪnger von dieser Entwicklung, da die Automobilindustrie wettbewerbsfÃĪhiger war und deutsche Maschinenbauer chinesische Fabriken ausstatteten.
\
Trump 1 versuchte diese Entwicklung mit ZÃķllen zu unterbinden. Bei Trump 2 geht es um mehr. ZÃķlle sind nur noch die vorÞbergehende Waffe, die Ziele durchzusetzen. Ziel ist ein schwÃĪcherer Dollar.
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Eine starke WÃĪhrung klingt nett, bedeutet aber nichts anderes, als dass Importe aus anderen LÃĪndern gÞnstiger sind und Exporte in andere LÃĪnder vergleichsweise teurer sind. Eine schwÃĪchere WÃĪhrung heiÃt dagegen, dass Exporte gÞnstiger und damit wettbewerbsfÃĪhiger sind. Ein starker Dollar behindert deswegen den (RÞck-)Aufbau der amerikanischen Industrie. Allerdings ist das eben auch genau der Preis, den ein Land fÞr eine Leit- oder Reserve-WÃĪhrung zahlen muss. Weil die Welt mit US-Dollar bezahlt - auch ein mexikanisches Unternehmen, das mit einem chinesischen handelt, wickelt das mit Dollar ab - ist die Nachfrage nach US-Dollar hoch, und die WÃĪhrung damit stark:
> *From a trade perspective, the dollar is persistently overvalued, in large part because dollar assets function as the worldâs reserve currency. This overvaluation has weighed heavily on the American manufacturing sector while benefiting financialized sectors of the economy in manners that benefit wealthy Americans.*
Die USA zahlten indirekt fÞr dieses Privileg, indem sie es sich zur Aufgabe machten, internationale Handelswege zu schÞtzen. Die US-Marine Þbernahm nach 1945 und besonders nach 1989 den Job der British Royal Navy, und bewacht seitdem alle wichtigen Schifffahrtswege weltweit, um freien Handel zu ermÃķglichen.
\
*The U.S. dollar is the reserve asset in large part because America provides stability, liquidity, market depth and the rule of law. Those are related to the characteristics that make America powerful enough to project physical force worldwide and allow it to shape and defend the global international order. The history of intertwinement between reserve currency status and national security is long.*
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Das System funktionierte auch deswegen, weil die allermeisten, befreundeten Staaten, ihr ÃberschÞsse wieder in US-Dollar-Anleihen anlegten (US-Treasuries). Dieses Recycling aus âAmerikaner konsumieren und zahlen mit US-Dollar, die China, Japan und die EU wiederum in US-Anleihen anlegenâ funktionierte lange gut.
Das Problem ist seit einigen Jahren: Die Situation hat sich zuungunsten der USA verschoben. Man zahlt viel fÞr das MilitÃĪr, aber die Gewinne, die sich aus einer LeitwÃĪhrung ergeben, sind gefallen. Kurz gesagt: Das Verteidigungsbudget wÃĪchst, wÃĪhrend ArbeitsplÃĪtze verloren gegangen sind. Zwar konnten sich die USA in den vergangenen Jahren gÞnstiger als andere verschulden. Trotzdem erdrÞckt die Schuldenlast mittlerweile den Etat, und immer weniger Staaten haben Lust, ihre Reserven in US-Treasuries anzulegen. Sie kaufen lieber Gold (und vielleicht auch bald Bitcoin).
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Eine Neugewichtung des Deals ist notwendig. Daher der Kassensturz. Daher die stÃĪndigen Aufforderungen Trumps an VerbÞndete, kÞnftig mehr zu zahlen.
Die LÃķsung kÃķnnte ein âMar-a-Lagoâ-Accord sein. Die USA befanden sich in den 1980er Jahren schon einmal in einer ÃĪhnlichen Situation: Japanische und deutsche Waren Þberschwemmten die amerikanischen MÃĪrkte. Nach einem verlorenen Krieg in Vietnam und hoher Inflation hatten sich innerhalb Gesellschaft groÃe Spannungen aufgebaut. Ronald Reagan, Þbrigens ein PrÃĪsident, der ÃĪhnlich polarisierte wie Trump heute, sprach 1985 Klartext: Japan und in geringerem MaÃe die BRD, Frankreich und GroÃbritannien hatten ihre WÃĪhrungen aufzuwerten. Damit wurde die Flut der Exporte in die USA gestemmt und die FinanzflÞsse stabilisiert.
Seit einigen Wochen gibt es relativ klare PlÃĪne, wie diese neue Ordnung aussehen soll. Sie gehen zurÞck auf den Ãkonomen Steve Miran, der bereits unter der ersten Trump-Administration eine Berater-Rolle hatte. Seit Dezember 2024 ist der Vorsitzender des Council of Economic Advisers. Miran wiederum steht [Zoltan Pozsar nahe, der 2022/23 zum Shooting Star der Macro-Economy-Nerds wurde](https://www.finews.ch/themen/guruwatch/58206-zoltan-pozsar-ex-uno-plures-resarch-dollar-zinsen-bretton-woods-ungarn). Worum geht es?
Weiter geht es auf <https://blingbling.substack.com/p/der-mar-a-lago-accord>
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@ 57d1a264:69f1fee1
2025-02-25 07:28:18
Â
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@Voltage team will be building a simple implementation of a Lightning gated API service using a Voltage LND Node and the L402 protocol.
ð
Thursday, February 27th 4:00 PM CDT
ð· Live on Voltage Discord, on X, or on YouTube.
- discord.gg/EN93fDfQ
- https://x.com/voltage_cloud/status/1892938201980919985
- https://www.youtube.com/@voltage_cloud
originally posted at https://stacker.news/items/896373
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@ 6389be64:ef439d32
2025-02-25 05:53:41
Biochar in the soil attracts microbes who take up permanent residence in the "coral reef" the biochar provides. Those microbes then attract mycorrhizal fungi to the reef. The mycorrhizal fungi are also attached to plant roots connecting diverse populations to each other, allowing transportation of molecular resources (water, cations, anions etc).
The char surface area attracts positively charged ions like
K+
Ca2+
Mg2+
NH4+
Na+
H+
Al3+
Fe2+
Fe3+
Mn2+
Cu2+
Zn2+
Many of these are transferred to plant roots by mycorrhizal fungi in exchange for photosynthetic products (sugars). Mycorrhizal fungi are connected to both plant roots and biochar. Char adsorbs these cations so, it stands to reason that under periods of minimal need by plants for these cations (stress, low or no sunlight etc.), mycorrhizal fungi could deposit the cations to the char surfaces. The char would be acting as a "bank" for the cations and the deposition would be of low energy cost.
Once the plant starts exuding photosynthetic products again, signaling a need for these cations, the fungi can start "stripping" the cations off of the char surface for immediate exchange of the cations for the sugars. This would be a high energy transaction because the fungi would have to expend energy to strip the cations off of the char surface, in effect, an "interest rate".
The char might act as a reservoir of cations that were mined by the fungi while the sugar flow from the roots was active. It's a bank.
originally posted at https://stacker.news/items/896340
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@ 04c915da:3dfbecc9
2025-02-25 03:55:08
Hereâs a revised timeline of macro-level events from *The Mandibles: A Family, 2029â2047* by Lionel Shriver, reimagined in a world where Bitcoin is adopted as a widely accepted form of money, altering the original narrativeâs assumptions about currency collapse and economic control. In Shriverâs original story, the failure of Bitcoin is assumed amid the dominance of the bancor and the dollarâs collapse. Here, Bitcoinâs success reshapes the economic and societal trajectory, decentralizing power and challenging state-driven outcomes.
### Part One: 2029â2032
- **2029 (Early Year)**\
The United States faces economic strain as the dollar weakens against global shifts. However, Bitcoin, having gained traction emerges as a viable alternative. Unlike the original timeline, the bancorâa supranational currency backed by a coalition of nationsâstruggles to gain footing as Bitcoinâs decentralized adoption grows among individuals and businesses worldwide, undermining both the dollar and the bancor.
- **2029 (Mid-Year: The Great Renunciation)**\
Treasury bonds lose value, and the government bans Bitcoin, labeling it a threat to sovereignty (mirroring the original bancor ban). However, a Bitcoin ban proves unenforceableâits decentralized nature thwarts confiscation efforts, unlike gold in the original story. Hyperinflation hits the dollar as the U.S. prints money, but Bitcoinâs fixed supply shields adopters from currency devaluation, creating a dual-economy split: dollar users suffer, while Bitcoin users thrive.
- **2029 (Late Year)**\
Dollar-based inflation soars, emptying stores of goods priced in fiat currency. Meanwhile, Bitcoin transactions flourish in underground and online markets, stabilizing trade for those plugged into the bitcoin ecosystem. Traditional supply chains falter, but peer-to-peer Bitcoin networks enable local and international exchange, reducing scarcity for early adopters. The governmentâs gold confiscation fails to bolster the dollar, as Bitcoinâs rise renders gold less relevant.
- **2030â2031**\
Crime spikes in dollar-dependent urban areas, but Bitcoin-friendly regions see less chaos, as digital wallets and smart contracts facilitate secure trade. The U.S. government doubles down on surveillance to crack down on bitcoin use. A cultural divide deepens: centralized authority weakens in Bitcoin-adopting communities, while dollar zones descend into lawlessness.
- **2032**\
By this point, Bitcoin is de facto legal tender in parts of the U.S. and globally, especially in tech-savvy or libertarian-leaning regions. The federal governmentâs grip slips as tax collection in dollars plummetsâBitcoinâs traceability is low, and citizens evade fiat-based levies. Rural and urban Bitcoin hubs emerge, while the dollar economy remains fractured.
### Time Jump: 2032â2047
- Over 15 years, Bitcoin solidifies as a global reserve currency, eroding centralized control. The U.S. government adapts, grudgingly integrating bitcoin into policy, though regional autonomy grows as Bitcoin empowers local economies.
### Part Two: 2047
- **2047 (Early Year)**\
The U.S. is a hybrid state: Bitcoin is legal tender alongside a diminished dollar. Taxes are lower, collected in BTC, reducing federal overreach. Bitcoinâs adoption has decentralized power nationwide. The bancor has faded, unable to compete with Bitcoinâs grassroots momentum.
- **2047 (Mid-Year)**\
Travel and trade flow freely in Bitcoin zones, with no restrictive checkpoints. The dollar economy lingers in poorer areas, marked by decay, but Bitcoinâs dominance lifts overall prosperity, as its deflationary nature incentivizes saving and investment over consumption. Global supply chains rebound, powered by bitcoin enabled efficiency.
- **2047 (Late Year)**\
The U.S. is a patchwork of semi-autonomous zones, united by Bitcoinâs universal acceptance rather than federal control. Resource scarcity persists due to past disruptions, but economic stability is higher than in Shriverâs original dystopiaâBitcoinâs success prevents the authoritarian slide, fostering a freer, if imperfect, society.
### Key Differences
- **Currency Dynamics**: Bitcoinâs triumph prevents the bancorâs dominance and mitigates hyperinflationâs worst effects, offering a lifeline outside state control.
- **Government Power**: Centralized authority weakens as Bitcoin evades bans and taxation, shifting power to individuals and communities.
- **Societal Outcome**: Instead of a surveillance state, 2047 sees a decentralized, bitcoin driven worldâless oppressive, though still stratified between Bitcoin haves and have-nots.
This reimagining assumes Bitcoin overcomes Shriverâs implied skepticism to become a robust, adopted currency by 2029, fundamentally altering the novelâs bleak trajectory.
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@ f6488c62:c929299d
2025-02-25 03:22:49
āļāļēāļĢāļāļĩāđāļŠāļŦāļĢāļąāļāļāđāļĄāļĢāļīāļāļēāļāļĢāļąāļāļĄāļđāļĨāļāđāļēāļāļāļāļāļģāđāļāļāļĨāļąāļ (re-peg) āļāļ°āļĄāļĩāļāļĨāļāļĢāļ°āļāļāļāļĩāđāļŠāļģāļāļąāļāļāđāļāļāļąāđāļāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļāđāļĨāļāđāļĨāļ°āļāļīāļāļāļāļĒāļāđ āļāđāļ§āļĒāđāļŦāļāļļāļāļĨāļāđāļēāļāđ āļāļĩāđāļāļēāļāđāļāļīāļāļāļķāđāļāļāļąāļāļāļĩāđ:
āļāļāļāļāļģāđāļāļāļēāļāļ°āļŠāļīāļāļāļĢāļąāļāļĒāđāđāļāđāļāļĄāļđāļĨāļāđāļē: āļŦāļēāļāļŠāļŦāļĢāļąāļāļāđāļĄāļĢāļīāļāļēāļāļĢāļąāļāļĢāļēāļāļēāļāļāļāļāļģāļāļēāļ 42 āļāļāļĨāļĨāļēāļĢāđāļāđāļāļāļāļāļāđāđāļāđāļāļĢāļēāļāļēāļāļąāļāļāļļāļāļąāļāļāļĩāđāļŠāļđāļāļāļķāļ 2,953.5 āļāļāļĨāļĨāļēāļĢāđāļāđāļāļāļāļāļāđ āļāļēāļĢāļāļĢāļąāļāļāļĩāđāļāļ°āļāļģāđāļŦāđāļāļāļāļāļģāđāļāđāļĢāļąāļāļāļ§āļēāļĄāļāļīāļĒāļĄāđāļĨāļ°āļĄāļĩāļĄāļđāļĨāļāđāļēāđāļāļīāđāļĄāļāļķāđāļāļāļĒāđāļēāļāļĄāļēāļāđāļāļĄāļļāļĄāļĄāļāļāļāļāļāļāļąāļāļĨāļāļāļļāļāļāļąāđāļ§āđāļĨāļ āļŠāđāļāļāļĨāđāļŦāđāļāļāļāļāļģāļĄāļĩāļāļāļāļēāļāļŠāļģāļāļąāļāļāļķāđāļāđāļāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļ āļāļĩāļāļāļąāđāļāļĒāļąāļāđāļāđāļāļāļēāļāđāļĨāļ·āļāļāļāļēāļĢāļĨāļāļāļļāļāļāļĩāđāļāđāļēāļŠāļāđāļāļĄāļēāļāļāļķāđāļāđāļāļāļēāļāļ° "safe haven" āļŦāļĢāļ·āļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĩāđāļāļĨāļāļāļ āļąāļĒ.
āļāļĨāļāļĢāļ°āļāļāļāđāļāļāļĨāļēāļāļāļāļĨāļĨāļēāļĢāđāļŠāļŦāļĢāļąāļ: āļāļēāļĢāļāļĢāļ°āđāļĄāļīāļāļĄāļđāļĨāļāđāļēāļāļāļāļāļģāđāļŦāļĄāđāļāļ°āļāļģāđāļŦāđāļāđāļēāđāļāļīāļāļāļāļĨāļĨāļēāļĢāđāļāđāļāļāļāđāļēāļĨāļ āđāļāļ·āđāļāļāļāļēāļāļāļāļāļāļģāļāļđāļāļĄāļāļāļ§āđāļēāđāļāđāļāļāļąāļ§āļāđāļāļāļĩāđāļāļ§āļēāļĄāļĄāļąāđāļāļāļąāđāļāđāļĨāļ°āđāļŠāļāļĩāļĒāļĢāļ āļēāļāļāļēāļāļāļēāļĢāđāļāļīāļ āļāļēāļĢāļāđāļāļāļāđāļēāļāļāļāļāļāļĨāļĨāļēāļĢāđāļāļēāļāļŠāđāļāļāļĨāđāļŦāđāļāļīāļāļāļāļĒāļāđāđāļāđāļāļāļĩāđāļāđāļēāļŠāļāđāļāļĄāļēāļāļāļķāđāļāđāļāļāļēāļāļ°āļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĩāđāđāļĄāđāļāļķāđāļāļāļąāļāđāļāļīāļāļāļāļĨāļĨāļēāļĢāđāđāļĨāļ°āļāļāļēāļāļēāļĢāļāļĨāļēāļāđāļ āđ.
āļāļēāļĢāđāļāļīāļāđāļāļāļāļāļāļīāļāļāļāļĒāļāđ: āđāļĄāļ·āđāļāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļāļāļąāđāļāđāļāļīāļĄ (āđāļāđāļ āļāļāļĨāļĨāļēāļĢāđāļŠāļŦāļĢāļąāļ) āđāļĢāļīāđāļĄāļŠāļąāđāļāļāļĨāļāļāļŦāļĢāļ·āļāļĨāļāļāļ§āļēāļĄāļāđāļēāđāļāļ·āđāļāļāļ·āļ āļāļīāļāļāļāļĒāļāđāļāļķāđāļāđāļāđāļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļīāļāļīāļāļąāļĨāļāļĩāđāđāļĄāđāļāļķāđāļāļāļąāļāļĢāļąāļāļāļēāļĨāļŦāļĢāļ·āļāļāļāļēāļāļēāļĢāļāļĨāļēāļāļāđāļāļ°āđāļāđāļĢāļąāļāļāļ§āļēāļĄāļŠāļāđāļāļĄāļēāļāļāļķāđāļāļāļēāļāļāļąāļāļĨāļāļāļļāļāļāļĩāđāļāđāļāļāļāļēāļĢāļŦāļĨāļĩāļāđāļĨāļĩāđāļĒāļāļāļ§āļēāļĄāđāļŠāļĩāđāļĒāļāđāļāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļāđāļāļāļāļąāđāļāđāļāļīāļĄ āļāļāļāļāļēāļāļāļĩāđāļāļīāļāļāļāļĒāļāđāļĒāļąāļāļāļ·āļāđāļāđāļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĩāđāļĄāļĩāļāļēāļĢāļāļģāļāļąāļāļāļģāļāļ§āļ (21 āļĨāđāļēāļ BTC) āļāļķāđāļāļāļ·āļāļ§āđāļēāđāļāđāļāļāļēāļĢāļāđāļāļāļāļąāļāļ āļēāļ§āļ°āđāļāļīāļāđāļāđāļāļāļĩāđāļĄāļąāļāļāļ°āđāļāļīāļāļāļķāđāļāļāļēāļāļāļēāļĢāļāļīāļĄāļāđāđāļāļīāļāļāļģāļāļ§āļāļĄāļēāļāđāļāļĒāļāļāļēāļāļēāļĢāļāļĨāļēāļ.
āļāļēāļĢāļāļĢāļąāļāļāļąāļ§āļāļāļāļāļĢāļ°āđāļāļĻāļāļ·āđāļāđ: āļŦāļēāļāļŠāļŦāļĢāļąāļāļŊ āļāļĢāļąāļāļĄāļđāļĨāļāđāļēāļāļāļāļāļģāđāļŦāļĄāđ āļāļĢāļ°āđāļāļĻāļāļ·āđāļāđ āļāļēāļāļāļģāđāļāđāļāļāđāļāļāļāļĢāļąāļāđāļāļĨāļĩāđāļĒāļāļĄāļđāļĨāļāđāļēāļāļāļāļāļģāļāļāļāļāļāđāļāļāđāļāļ·āđāļāļāļāļāļŠāļāļāļāļāđāļāļāļēāļĢāđāļāļĨāļĩāđāļĒāļāđāļāļĨāļāļāļĩāđ āđāļĨāļ°āļāļēāļāđāļŦāđāļāļāļēāļĢāđāļāļĨāļ·āđāļāļāđāļŦāļ§āđāļāļāļēāļĢāļŠāļāļąāļāļŠāļāļļāļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļīāļāļīāļāļąāļĨāļāļĒāđāļēāļāļāļīāļāļāļāļĒāļāđāļĄāļēāļāļāļķāđāļāđāļāļ·āđāļāļāļĢāļ°āļāļēāļĒāļāļ§āļēāļĄāđāļŠāļĩāđāļĒāļāļāļēāļāļāļēāļĢāļāļķāđāļāļāļēāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļāļāļāļĨāļĨāļēāļĢāđāļŠāļŦāļĢāļąāļ.
āļŠāļĢāļļāļāđāļāđāļ§āđāļē āļŦāļēāļāļāļēāļĢāļāļĢāļąāļāļĄāļđāļĨāļāđāļēāļāļāļāļāļģāļāļāļāļŠāļŦāļĢāļąāļāđāļāđāļāļāļĢāļīāļ āļāļēāļĢāđāļāļĨāļ·āđāļāļāđāļŦāļ§āļāļĩāđāļāļēāļāđāļāđāļāļāļąāļ§āļāļĢāļ°āļāļļāđāļāđāļŦāđāļāļīāļāļāļāļĒāļāđāđāļāļīāļāđāļāļāļķāđāļ āđāļāļ·āđāļāļāļāļēāļāļāļąāļāļĨāļāļāļļāļāļĄāļāļāļŦāļēāļāļēāļāđāļĨāļ·āļāļāļāļĩāđāļāļĨāļāļāļ āļąāļĒāļāļēāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļāļāļāđāļāļĢāļ°āļāļāļāļēāļĢāđāļāļīāļāļāļąāđāļāđāļāļīāļĄ āđāļĨāļ°āđāļāļīāđāļĄāļāļēāļĢāļĒāļāļĄāļĢāļąāļāđāļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļīāļāļīāļāļąāļĨāļĄāļēāļāļāļķāđāļ.
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@ 8da249fe:ecc00e09
2025-02-25 01:08:49
Existem diversas corretoras onde vocÊ pode comprar e vender bitcoins e outras moedas. O ideal ÃĐ sempre escolher empresas idoneas e com boa fama, para isso, antes de ir comprando bitcoin conheça pessoas que usam estas corretoras, veja os depoimentos destas pessoas sobre esta plataforma, isso ÃĐ bem bÃĄsico e serve para qualquer coisa.
Geralmente estas exchanges (corretoras) exigem alguns dados pessoais, ou seja, sÃĢo fontes de bitcoin por KYC. Para pessoas que querem ter bitcoin sem seus dados registrados ÃĐ necessÃĄrio a compra peer-to-peer, que ÃĐ a compra direta por pessoas sem a uma "instituiçÃĢo financeira" mediando a transaçÃĢo.
Dica nÚmero 1 : Nunca deixe seus bitcoins armazenados em corretoras.
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Apesar do bitcoin ainda nÃĢo ter nenhum tipo de regulamentaçÃĢo, as corretoras por serem consideradas "instituiçÃĩes financeiras" sÃĢo reguladas pelo Sistema Financeiro Nacional, sendo vulnerÃĄveis as decisÃĩes governamentais.
AlÃĐm disso, as corretoras por movimentarem grandes quantidades de dinheiro, estÃĢo vulnerÃĄveis ataques hackears que sÃĢo frequentementes.
Dica nÚmero 2: Sempre deposite seus bitcoins em carteiras
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As carteiras sÃĢo locais de armazenamento seguros e alguns tipos com as cold Wallet nÃĢo hÃĄ gestÃĢo dos seus fundos por intermediÃĄrios, logo a responsabilidade pelo seu dinheiro ÃĐ totalmente sua.
Sempre importante guardar e ter uma boa organizaçÃĢo quanto as senhas de acesso, pois uma vez que perde nÃĢo hÃĄ nenhuma forma de recuperÃĄ-la.
Algo que o economista Fernando Roxo fala no YT que concordo plenamente ,ÃĐ , que nÃĢo se deve deixar todos os ovos numa cesta sÃģ. O que aplico no universo bitcoin que nÃĢo se deve colocar todos os seus bitcoin em apenas uma carteira. Ã muito importante dificultar o mÃĄximo para os criminosos roubarem, por isso devem ter vÃĄrias carteiras.
Dica nÚmero 3: Entenda que Bitcoin nÃĢo ÃĐ investimento, e sim uma soluçÃĢo econÃīmica.
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NÃĢo desista do bitcoin , sÃģ porque ele ocila de valor. O bitcoin nÃĢo ÃĐ um investimento a onde se aplica e vocÊ tem um lucro. O bitcoin ÃĐ uma soluçÃĢo em decorrÊncia da desonestidade dos governos que imprimem moedas sem valor agregado.
Este conhecimento ÃĐ extremamente importante para que nÃĢo se iluda com promessa de ficar milionÃĄrio ou algo do tipo. O bitcoin ÃĐ uma moeda segura que tem o intuito de proteger o mercado financeiro em decorrÊncia da mÃĄ fÃĐ de estados, e tambÃĐm uma arma contra governos.
Dica nÚmero 4 : Ajude a comunidade, comercialize em bitcoin.
Quer vocÊ seja consumidor ou produtor, faça com que seus fundos estejam em bitcoin. Apesar de estamos engatinhando no mercado hÃĄ muitas iniciativas como o Bitrefill, maquininhas e software para movimentaçÃĩes em bitcoin que tem facilitado as transaçÃĩes.
Dica nÚmero 5: Conheça os termos tÃĐcnico sobre este universo.
Fique sempre atualizados com os termos da comunidade com KYC, cold wallet, hot wallet, fiat ...
Assim vocÊ poderÃĄ seu um "agente" prÃģ bitcoin e ajudar pessoas simples a entrarem neste universo e ter sua auto custÃģdia e estarem imunes aos desgovernos.
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@ d57360cb:4fe7d935
2025-02-24 23:30:38
The moments and events that leave you lost. Shook. In Disbelief.
Those are the moments you need most. They unlock something dormant in you. Feelings you didn't think imaginable. Journeys you thought unlikely to happen.
Paths and roads filled with ups and downs. Uncertainties, roadblocks, long distances of absolutely nothing in sight. Periods of turmoil and absolute stillness.
Don't mistake where you are for the finale.
Embrace life, it gives you character.
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@ 378562cd:a6fc6773
2025-02-24 22:13:45
As someone deeply interested in decentralized technology, Iâve been closely following the rapid rise of the Nostr (Notes and Other Stuff Transmitted by Relays) protocol. Although I've only just begun investigating it, I have already almost all but canceled my X, Facebook, and Truth Social accounts!
Nostr is an exciting alternative to traditional social media and communication platforms. It is built on censorship resistance, user control, and interoperability principles. Given the growing concerns over centralized control, privacy breaches, and biased content moderation, I believe Nostr presents a compelling solution. In this ~~article~~ long note, I want to share my thoughts on how Nostr has evolved, its recent advancements, and its potential impact on the digital landscape.
**Understanding Nostr**
Nostr is a lightweight, open-source protocol that allows users like me and you to share notes, messages, and other digital interactions via relays rather than centralized servers. Itâs designed to be simple, robust, and censorship-resistant. Instead of relying on a single platform or authority, Nostr operates on a peer-to-peer model. Users interact through cryptographic key pairs and publish content to relays that distribute the data across the network.
Unlike traditional social networks like Twitter or Facebook, where all data is stored on centralized servers controlled by corporations, Nostr empowers me to truly own and control my digital identity. My data isnât locked away by a single company or subject to the whims of ever-changing policies, government overreach, or arbitrary bans. Instead, I can run my own relay or connect to multiple independent relays, ensuring that my presence online remains resilient and censorship-resistant. Even if one or more relays shut down, my data is not lostâit remains accessible through the broader network. This decentralized structure not only protects free expression but also guarantees that no single entity has the power to dictate who stays online and who gets silenced. With Nostr, I am in control, and my data belongs to meâjust as it should.
Since its inception, Nostr has seen impressive development, both technically and in terms of adoption. Some of the advancements that excite me the most include:
**Growing Ecosystem of Clients and Relays**
Developers have built a diverse ecosystem of client applications, ranging from sleek web-based interfaces to powerful mobile apps, making accessing and interacting with the Nostr network easier than ever. Whether on a desktop, smartphone or even experimental hardware, users have a growing array of options to stay connected seamlessly.
At the same time, the relay infrastructure has evolved rapidly, with new nodes optimized for speed, security, and regional accessibility. These relays ensure that messages are delivered efficiently while maintaining the network's decentralized and censorship-resistant nature. With relays distributed worldwide, Nostr continues to grow stronger, providing a resilient and open platform where users are free to communicate without relying on any single point of failure.
**Enhanced User Experience**
Early implementations of Nostr were simple and barebones, catering mostly to tech-savvy early adopters. However, the user experience has since evolved dramatically. Modern Nostr clients now feature sleek, intuitive UI designs, making navigation smooth and enjoyable. Enhanced media support allows for seamless sharing of images, videos, and other content, while improved interaction mechanismsâsuch as threaded conversations, reactions, and richer notificationsâmake engagement more dynamic and user-friendly.
To further streamline the experience, user-friendly wallets and browser extensions have been introduced, simplifying secure key management and making onboarding far more accessible. Newcomers no longer need to wrestle with complex cryptographic keys; instead, they can leverage intuitive tools that ensure both security and ease of use. As Nostr continues to grow, the focus on refining UX is making it an increasingly viable and compelling alternative to traditional social networks.
**Integration with Lightning Network**
Integrating Bitcoinâs Lightning Network into Nostr is a game-changer, revolutionizing how value is exchanged within the network. With seamless microtransactions and tipping systems, I can directly support content creators, developers, and other users without relying on traditional ad-driven revenue models or third-party payment processors. This fosters a more organic, community-driven economy where creators are rewarded instantly and fairly for their contributions.
By using Bitcoin for payments and interactions, Nostr enhances financial sovereignty, allowing users like me to transact in a truly decentralized mannerâfree from corporate gatekeepers, banking restrictions, or censorship. However, itâs important to remember that Nostr is still in its early days. While the potential is enormous, adoption and refinement take time. Content creators and users alike may need to be patient as the ecosystem matures, but those who embrace it early are helping to shape the future of open, censorship-resistant communication and finance.
**Privacy and Security Enhancements**
One of the most significant advancements in Nostr has been the introduction of end-to-end encrypted messaging, ensuring truly private and secure communication. Unlike traditional platforms that may scan, store, or even monetize user conversations, Nostr guarantees that only the intended recipient can decrypt and read messages. This level of privacy is a game-changer for those who value secure, censorship-resistant interactions.
Beyond private messaging, new identity verification methods leveraging cryptographic signatures have also emerged, allowing users to confirm authenticity without sacrificing pseudonymity. This means that while I can prove I am who I say I am, I donât have to tie my identity to a real-world name, giving me the best of both security and privacy in an increasingly surveilled digital landscape.
Mainstream Adoption and High-Profile Endorsements
As Nostr continues to gain traction, high-profile figures like Jack Dorsey have publicly supported and contributed to its development, lending credibility and visibility to the project. His endorsement, along with growing enthusiasm from privacy advocates, developers, and free speech supporters, has accelerated Nostrâs momentum.
More developers and tech enthusiasts are now embracing Nostr as a viable alternative to corporate-controlled social networks, building innovative applications and expanding its ecosystem. While still in its early days, the rapid pace of development suggests that Nostr is on a trajectory toward becoming a mainstream, decentralized communication platform that challenges the dominance of traditional social media.
**Challenges and the Road Ahead**
Despite its rapid progress, Nostr still faces some hurdles that need to be overcome for it to achieve mainstream adoption:
Scalability Issues: Maintaining a reliable and efficient relay system remains challenging as the number of users grows, which is understandable.
User Adoption and Education: While I find the protocol exciting, helping non-technical users (like me in a lot of ways) understand its benefits and navigate its interface is an ongoing challenge.
Without centralized control, Nostr relies on decentralized, user-driven solutions for spam and moderation. Relays set their own rules, allowing users to choose environments that match their preferencesâsome with strict moderation, others more open.
Client-side filtering also plays a key role, with modern Nostr clients enabling users to block, mute, or filter unwanted content. Reputation-based systems and algorithmic filtering are emerging to help surface valuable discussions while minimizing spam. As Nostr evolves, these community-driven approaches will continue to refine the balance between free expression and a quality user experience.
**Conclusion**
The advancement of the Nostr protocol marks a major shift toward decentralized, censorship-resistant communication networks. By giving users like US full control over their data and interactions, Nostr presents a strong alternative to traditional social media platforms. As the protocol continues to evolve, its integration with other decentralized technologies, such as Bitcoin and cryptographic identity solutions, will further solidify its role in shaping the future of the Internet.
While challenges remain, I firmly believe Nostr is redefining how we interact online by prioritizing freedom, privacy, and resilience in the digital age. I may be old, but I love Nostr and am glad I can participate at such an early stage. Let's learn together!
-
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@ d34e832d:383f78d0
2025-02-24 21:09:52
https://blossom.primal.net/af0bc86b52c7f91c26633ed0cba4f151bb74e5a5702b892f7f1efaa9e4640018.mp4
[npub16d8gxt2z4k9e8sdpc0yyqzf5gp0np09ls4lnn630qzxzvwpl0rgq5h4rzv]
### **What is Reticulum?**
Reticulum is a cryptographic networking stack designed for resilient, decentralized, and censorship-resistant communication. Unlike the traditional internet, Reticulum enables fully independent digital communications over various physical mediums, such as radio, LoRa, serial links, and even TCP/IP.
The key advantages of Reticulum include:
- **Decentralization** â No reliance on centralized infrastructure.
- **Encryption & Privacy** â End-to-end encryption built-in.
- **Resilience** â Operates over unreliable and low-bandwidth links.
- **Interoperability** â Works over WiFi, LoRa, Bluetooth, and more.
- **Ease of Use** â Can run on minimal hardware, including Raspberry Pi and embedded devices.
Reticulum is ideal for off-grid, censorship-resistant communications, emergency preparedness, and secure messaging.
---
## **1. Getting Started with Reticulum**
To quickly get started with Reticulum, follow the official guide:
[Reticulum: Getting Started Fast](https://markqvist.github.io/Reticulum/manual/gettingstartedfast.html)
### **Step 1: Install Reticulum**
#### **On Linux (Debian/Ubuntu-based systems)**
```sh
sudo apt update && sudo apt upgrade -y
sudo apt install -y python3-pip
pip3 install rns
```
#### **On Raspberry Pi or ARM-based Systems**
```sh
pip3 install rns
```
#### **On Windows**
Using Windows Subsystem for Linux (WSL) or Python:
```sh
pip install rns
```
#### **On macOS**
```sh
pip3 install rns
```
---
## **2. Configuring Reticulum**
Once installed, Reticulum needs a configuration file. The default location is:
```sh
~/.config/reticulum/config.toml
```
To generate the default configuration:
```sh
rnsd
```
This creates a configuration file with default settings.
---
## **3. Using Reticulum**
### **Starting the Reticulum Daemon**
To run the Reticulum daemon (`rnsd`), use:
```sh
rnsd
```
This starts the network stack, allowing applications to communicate over Reticulum.
### **Testing Your Reticulum Node**
Run the diagnostic tool to ensure your node is functioning:
```sh
rnstatus
```
This shows the status of all connected interfaces and peers.
---
## **4. Adding Interfaces**
### **LoRa Interface (for Off-Grid Communications)**
Reticulum supports long-range LoRa radios like the **RAK Wireless** and **Meshtastic devices**. To add a LoRa interface, edit `config.toml` and add:
```toml
[[interfaces]]
type = "LoRa"
name = "My_LoRa_Interface"
frequency = 868.0
bandwidth = 125
spreading_factor = 9
```
Restart Reticulum to apply the changes.
### **Serial (For Direct Device-to-Device Links)**
For communication over serial links (e.g., between two Raspberry Pis):
```toml
[[interfaces]]
type = "Serial"
port = "/dev/ttyUSB0"
baudrate = 115200
```
### **TCP/IP (For Internet-Based Nodes)**
If you want to bridge your Reticulum node over an existing IP network:
```toml
[[interfaces]]
type = "TCP"
listen = true
bind = "0.0.0.0"
port = 4242
```
---
## **5. Applications Using Reticulum**
### **LXMF (LoRa Mesh Messaging Framework)**
LXMF is a delay-tolerant, fully decentralized messaging system that operates over Reticulum. It allows encrypted, store-and-forward messaging without requiring an always-online server.
To install:
```sh
pip3 install lxmf
```
To start the LXMF node:
```sh
lxmfd
```
### **Nomad Network (Decentralized Chat & File Sharing)**
Nomad is a Reticulum-based chat and file-sharing platform, ideal for **off-grid** communication.
To install:
```sh
pip3 install nomad-network
```
To run:
```sh
nomad
```
### **Mesh Networking with Meshtastic & Reticulum**
Reticulum can work alongside **Meshtastic** for true decentralized long-range communication.
To set up a Meshtastic bridge:
```toml
[[interfaces]]
type = "LoRa"
port = "/dev/ttyUSB0"
baudrate = 115200
```
---
## **6. Security & Privacy Features**
- **Automatic End-to-End Encryption** â Every message is encrypted by default.
- **No Centralized Logging** â Communication leaves no metadata traces.
- **Self-Healing Routing** â Designed to work in unstable or hostile environments.
---
## **7. Practical Use Cases**
- **Off-Grid Communication** â Works in remote areas without cellular service.
- **Censorship Resistance** â Cannot be blocked by ISPs or governments.
- **Emergency Networks** â Enables resilient communication during disasters.
- **Private P2P Networks** â Create a secure, encrypted communication layer.
---
## **8. Further Exploration & Documentation**
- **Reticulum Official Manual**: [https://markqvist.github.io/Reticulum/manual/](https://markqvist.github.io/Reticulum/manual/)
- **Reticulum GitHub Repository**: [https://github.com/markqvist/Reticulum](https://github.com/markqvist/Reticulum)
- **Nomad Network**: [https://github.com/markqvist/NomadNet](https://github.com/markqvist/NomadNet)
- **Meshtastic + Reticulum**: [https://meshtastic.org](https://meshtastic.org)
---
## **Connections (Links to Other Notes)**
- **Mesh Networking for Decentralized Communication**
- **LoRa and Off-Grid Bitcoin Transactions**
- **Censorship-Resistant Communication Using Nostr & Reticulum**
## **Tags**
#Reticulum #DecentralizedComms #MeshNetworking #CensorshipResistance #LoRa
## **Donations via**
- **Bitcoin Lightning**: lightninglayerhash@getalby.com
-
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@ 2181959b:80f0d27d
2025-02-24 20:49:39
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https://image.nostr.build/9c8eda01e430425f1e379ffd975aea200d72746e8d8a31000c8bd0e013b8e449.jpg
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-
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@ 8bad797a:8461b4bc
2025-02-24 20:33:57
This time from a laptop computer via Highlighter, from which the Merry Frankster can post long form content. Be afraid. Be very afraid.
-
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@ a1c19849:daacbb52
2025-02-24 19:30:09
## Details
- âēïļ Prep time: 20 min
- ðģ Cook time: 4 hours
## Ingredients
- 1kg of chicken thighs
- 3 large onions
- 1 tablespoon garlic powder
- 2 tablespoons brown sugar
- 1.5 dl Ketjap Medja
- 0.5 liter chicken broth
- Pepper
- Salt
- Nutmeg
## Directions
1. Cut the onions and sautÃĐ them
2. Add the chicken thighs in pieces and bake for a few minutes
3. Add the garlic powder and the brown sugar and bake for a short time
4. Add the ketjap media and the chicken broth
5. Add some salt and pepper and nutmeg and let it simmer for 3 to 4 hours
6. Make sure all the moist evaporates but make sure it doesnât get too dry. Otherwise add some extra chicken broth
7. Bon appetit!
-
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@ 6e0ea5d6:0327f353
2025-02-24 19:29:02
Of all the people you should fear, fear most the peaceful man in situations where anyone else would be aggressive. The strongest man is the one who masters his emotions in moments of rage and furyâwho, even in anger, does not destroy everything around him, including himself.
Remember: no man truly knows how evil he can be until he strives to be good in a corrupt world and, for that, is crushed by it.
Anxiety makes a man suffer even before there is a concrete reason. The mere act of anticipating pain makes him feel it in its full intensity, even if it never materializes. On the other hand, anxiety leads to rash actions, driven by impulse or anger. And these decisions, in the end, can destroy him.
The most harmful choices are usually made under stress, rage, or passion. Anxiety, in turn, is a formidable adversary, difficult to tame. Controlling it requires constant and gradual training. The key is to balance expectationsâfacing the future with serenity rather than allowing worries to corrode the present. Sometimes, it is necessary to abandon the life we planned to face the life that awaits us. Instead of acting impulsively in moments of deep stress, learn to reflect rationally on all possibilities before taking action.
I recognize that, in theory, this advice is easy to give. Sono dâaccordo, I know how difficult it is in daily life. But listen well: do not let your actions be driven by impulsiveness. Remember, stubbornness combined with anxiety is a direct path to a pit of regrets.
Stubbornness, unlike persistence, makes a man insist on mistakes or ignore wise counsel. It forces him to act against logic, preventing him from learning from failures and reevaluating decisions. It is a silent source of suffering, robbing him of opportunities for change and growth.
Just as a river reaches its destination by adapting to the course it encounters, a wise man must seek new approaches rather than persist in the same mistakes. Adapting, learning, and changing course are the keys to reaching oneâs true destiny.
Thank you for reading, my friend!
If this message resonated with you, consider leaving your "ðĨ" as a token of appreciation.
A toast to our family!
-
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@ a1c19849:daacbb52
2025-02-24 19:19:16
## Details
- âēïļ Prep time: 20 min
- ðģ Cook time: 4 hours
## Ingredients
- 1kg of chicken thighs
- 3 large onions
- 1 tablespoon garlic powder
- 2 tablespoons brown sugar
- 1.5 dl Ketjap Medja
- 0.5 liter chicken broth
- Pepper
- Salt
- Nutmeg
## Directions
1. Cut the onions and sautÃĐ them
2. Add the chicken thighs in pieces and bake for a few minutes
3. Add the garlic powder and the brown sugar and bake for a short time
4. Add the ketjap media and the chicken broth
5. Add some salt and pepper and nutmeg and let it simmer for 3 to 4 hours
6. Make sure all the moist evaporates but make sure it doesnât get too dry. Otherwise add some extra chicken broth
7. Bon appetit!
-
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@ 037ebe13:93af01dc
2025-02-24 18:59:42
Se vocÊ acompanhou o noticiÃĄrio, deve ter visto que o ministro Alexandre de Moraes, do Supremo Tribunal Federal (STF), voltou a investir contra as redes sociais. Na sexta-feira (21), Moraes determinou a suspensÃĢo da rede social americana Rumble no Brasil.
De acordo com o ministro, a rede social cometeu "reiterados, conscientes e voluntÃĄrios descumprimentos das ordens judiciais, alÃĐm da tentativa de nÃĢo se submeter ao ordenamento jurÃdico e Poder JudiciÃĄrio brasileiros" e que instituiu um "ambiente de total impunidade e 'terra sem lei' nas redes sociais brasileiras".
No entanto, o CEO da Rumble, Chris Pavlovski, afirmou que Moraes exigiu que a Rumble cumprisse decisÃĩes que sÃĢo ilegais segundo a legistaçÃĢo americana e passou um âavisoâ ao ministro: ânos vemos no tribunalâ.
NÃĢo ÃĐ de hoje que o STF e Moraes sÃĢo acusados de promover um ambiente de âcensuraâ atravÃĐs de uma suposta perseguiçÃĢo enviesada a perfis que criticam as atuaçÃĩes da corte e do ministro, inclusive exigindo a remoçÃĢo de perfis por parte dessas redes â algo que contraria a legislaçÃĢo brasileira.
Em 2024, o X chegou a ficar suspenso no Brasil por quase 40 dias, sendo que Moraes chegou a impor multas para quem tentasse acessar a rede via VPN, uma decisÃĢo contestada e vista por muitas pessoas como ilegal.
Isso mostra que o poder do estado vai continuar agindo contra as redes sociais com o intuito de estabelecer algum tipo de restriçÃĢo a essas plataformas. E tal poder tende a funcionar, pois estas plataformas sÃĢo consideradas empresas e muitas tÊm representantes legais no Brasil, que sÃĢo um vetor de ataque para eventuais suspensÃĩes.
Felizmente, a criaçÃĢo do Bitcoin (BTC) levou a um avanço na forma como podemos manter nossa privacidade protegida da sanha autoritÃĄria dos estados. E isso chegou nas redes sociais com a criaçÃĢo do Nostr. Por isso, o protocolo descentralizado com foco em redes sociais ÃĐ o tema da nossa newsletter de hoje.
O que ÃĐ o Nostr?##
A palavra Nostr, que dÃĄ nome ao protocolo, ÃĐ a sigla para Notes and Other Stuff Transmitted by Relays (Notas e Outras Coisas Transmitidas por RelÃĐs, em traduçÃĢo livre). Esse protocolo surgiu em 2020 para criar uma âcamada socialâ na rede do Bitcoin. Ou seja, permitir o desenvolvimento de aplicativos similares a redes sociais.
No entanto, foi a partir de 2023 que o protocolo ganhou fama, a ponto de ficar conhecido como o âTwitter descentralizadoâ. Esse nome se deveu ao fato de que um dos aplicativos mais populares do Nostr era o Damus, que funciona como uma espÃĐcie de X.
A principal diferença do Nostr para outros serviços ÃĐ que os aplicativos criados pelos protocolos nÃĢo podem ser censurados. Eles operam baseados em clientes e relÃĐs (relays) muito similares aos nÃģs que rodam a rede do Bitcoin. Por isso, nÃĢo adianta um governo tentar derrubar um nÃģ: se os demais estiverem ativos, a rede seguirÃĄ funcionando livre de censura.
Sistema de chaves##
Da mesma forma que no Bitcoin, no Nostr cada usuÃĄrio ÃĐ identificado por uma chave pÚblica. E tambÃĐm hÃĄ uma chave privada, que ele usa para assinar as transaçÃĩes. Mas ao contrÃĄrio do BTC, as chaves privadas nÃĢo sÃĢo formadas por sequÊncia de palavras, mas sim por uma sequÊncia de letras:
chave pÚblica: cada chave pÚblica do Nostr começa com as iniciais ânpubâ. Ex: npub43tahY4TâĶ
chave privada: jÃĄ as chaves privadas começam com os caracteres ânsecâ. Ex: nsec4T6uyA4FâĶ
Para acessar os aplicativos do Nostr (como o Damus), vocÊ sÃģ precisa fazer o download e inserir a sua chave privada no app. Ele vai ler a chave e identificar que vocÊ de fato controla aquela conta, mas o aplicativo nÃĢo armazena as chaves. Por isso elas nÃĢo ficam sujeitas a roubos, mantendo o seu perfil seguro.
Uma vez logado no aplicativo, cada vez que vocÊ publica algo (por exemplo, uma mensagem que publica, uma atualizaçÃĢo da sua lista de seguidores, etc.), vocÊ assina uma transaçÃĢo. Os clientes validam estas assinaturas para garantir que estÃĢo corretas.
Hoje, existem mais de 70 aplicativos criados para o Nostr, desde outros âTwitter descentralizadosâ atÃĐ serviços de mensagem. E todos eles funcionam de forma integrada, o que significa que a sua chave privada funciona como uma identidade Única. Isso permite que vocÊ acesse a todos os aplicativos com uma Única senha, sem precisar fazer cadastros e deixar seus dados expostos em vÃĄrias redes sociais.
Esse protocolo foi criado por um brasileiro conhecido como fiatjaf, que preferiu se manter anÃīnimo. O projeto fez tanto sucesso que recebeu um apoio massivo de Jack Dorsey, criador do Twitter, que chegou a doar 14,6 BTC para ajudar no desenvolvimento do Nostr. Hoje, esse valor corresponde a mais de R$ 8 milhÃĩes.
Como fazer uma conta no Nostr##
Antes de acessar os aplicativos, vocÊ deve criar suas chaves pÚblica e privada no site oficial do Nostr. Basta acessar o [Endereço ]( https://nostr.com) e clicar na opçÃĢo âcreate your Nostr accountâ. E pronto, o site gera as duas chaves automaticamente. A chave pÚblica (npub) fica visÃvel, enquanto a chave privada (nsec) aparece coberta.
Basta clicar nos quadrados do lado esquerdo da chave privada que ele vai copiar automaticamente. VocÊ tambÃĐm pode clicar em âshow private keyâ para ver a chave privada, ou clicar em âdownload keysâ para baixar ambas as chaves.
Cabe frisar que essas chaves, sobretudo a privada, sÃĢo essenciais para acessar qualquer aplicativo criado no Nostr. Por isso, assim que vocÊ salvÃĄ-las, guarde essas chaves em um lugar seguro e longe da internet, para evitar roubos. Por isso:
jamais anote sua chave privada num bloco de notas;
escreva a chave privada à mÃĢo num papel e guarde com bastante cuidado;
nunca, sob qualquer hipÃģtese, compartilhe sua chave privada em arquivos na nuvem ou por e-mail.
Se vocÊ quiser ter ainda mais segurança, pode adquirir o NOSTR Signing Device, dispositivo que serve para assinar publicaçÃĩes com o Nostr e mantÃĐm sua chave privada segura. Ele ÃĐ importado, mas custa apenas 20 euros (cerca de R$ 120) no site da [LNBits.]( https://shop.lnbits.com/product/nostr-signing-device)
Redes sociais à prova de censura##
Bem, agora vamos conferir as duas redes sociais que selecionamos entre os mais de 70 aplicativos do Nostr. Nelas vocÊ pode publicar qualquer coisa sem medo de sofrer com censura, bloqueios ou processos indevidos por causa de alguma acusaçÃĢo vaga como âpromover discurso de Ãģdioâ.
O primeiro dessas aplicativos ÃĐ o [Primal]( https://nostrapps.com/primal), que ÃĐ praticamente uma cÃģpia do jÃĄ citado Damus. Ele tambÃĐm se parece muito com o X e lÃĄ vocÊ pode publicar, mandar mensagens inbox para outro usuÃĄrio, curtir, salvar, compartilhar e comentar.
Ao contrÃĄrio do X, o Primal nÃĢo impÃĩe limite de caracteres nas publicaçÃĩes e vocÊ nÃĢo tem selos. O aplicativo tambÃĐm possui uma carteira Lightning onde vocÊ pode enviar e receber satoshis. E o melhor de tudo, o Primal possui a funçÃĢo âzapâ, que permite que vocÊ possa enviar e receber satoshis por causa de suas publicaçÃĩes.
Ou seja, se vocÊ escrever alguma coisa no Primal e as pessoas gostarem, elas podem te enviar âgorjetasâ em satoshis. Isso significa que vocÊ consegue monetizar o seu conteÚdo sem precisar assinar nenhum plano ou pagar para conseguir um selo. VocÊ tambÃĐm pode enviar satoshis para seus criadores de conteÚdo favoritos.
Mas se vocÊ gosta de publicar artigos mais longos (como esta newsletter), o Nostr conta com o [YakiHonne]( https://nostrapps.com/yakihonne). Este âSubstack descentralizadoâ permite que vocÊ publique notas como o Primal, mas tambÃĐm oferece a possibilidade de criar artigos em formato de newsletter.
VocÊ pode favoritar ou salvar os seus autores preferidos, facilitando a leitura de artigos. E o aplicativo tambÃĐm possui seçÃĩes de curadoria especÃfica. Com ela, vocÊ consegue acessar artigos por tÃģpicos e ver o que estÃĄ se destacando no YakiHonne naquele momento.
Quer escrever sobre um tema polÊmico? Faça seu artigo no YakiHonne sem ter medo de censura ou de ver seu texto desmonetizado. E caso ele faça sucesso, vocÊ pode receber satoshis como pagamento e monetizar seu trabalho recebendo em moeda forte.
Infelizmente, os tribunais de censura seguem em crescimento no mundo e a liberdade de expressÃĢo em plataformas centralizadas seguirÃĄ ameaçada. Afinal, estas empresas visam o lucro e estÃĢo sujeitas à s leis. E elas dificilmente farÃĢo frente ao poder do estado apenas para beneficiar seus usuÃĄrios.
Por isso, da mesma forma que vocÊ pode tirar o estado do seu dinheiro com o Bitcoin, vocÊ pode tirar a censura das suas palavras usando o Nostr. Afinal, como diz o personagem Ensei Tankado de âFortaleza Digitalâ:
âTodos temos o direito de guardar segredos. Um dia eu farei com que isso volte a ser possÃvel.â
Vale uma olhada##
MatÃĐria completa sobre o lançamento do Nostr no [CriptoFacil;]( https://www.criptofacil.com/nostr-conheca-protocolo-criado-por-brasileiro-que-utiliza-o-bitcoin-para-descentralizar-redes-sociais/)
O canal dos tem um vÃdeo excelente falando sobre como criar e armazenar suas chaves privadas do Nostr usando o Signing Device. Vale a pena conferir.
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@ 6e0ea5d6:0327f353
2025-02-24 18:54:30
**Ascolta bene, amico mio.** The type of woman you choose reflects the type of man you truly areâor the one you hide from being.
Don't deceive yourself: your choices are a mirror of your essence. If you constantly get involved with women who drag you into chaos, who manipulate or belittle you, that says more about your weaknesses than about theirs. *Chi sceglie male, paga il prezzo.*
You cannot blame fate or the woman for your decisions. The responsibility is yours. If you are foolish enough to be swayed by superficial beauty or the need for approval, you are digging your own ruin.
A real man, before loving, learns to understand womenânot just one, but many. He observes, understands their motivations, and learns to distinguish between those who add value and those who destroy.
If you choose wrong, don't blame the world. *Cazzo!* The mistake was yours, and so will be the consequence. Needy men, who let themselves be trapped by the first woman who offers crumbs of attention, end up being shaped by their circumstances. *"La donna non ti fa cane; sei tu che ti fai cane."* By choosing a woman without character, you reveal your own lack of discernment and courage. And, my friend, if you fear being alone, remember: loneliness next to the wrong woman is far more bitter.
If you seek respect, start by choosing wisely. Those who cling blindly, out of fear or necessity, are doomed to suffer. Own your choices, learn from your mistakes, and be selective. The world does not forgive the weak, and excuses will not redeem your weakness.
Thank you for reading, my friend!
If this message resonated with you, consider leaving your "ðĨ" as a token of appreciation.
A toast to our family!
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@ 9bcc5462:eb501d90
2025-02-24 17:47:28
Every generation loves to learn. However, our public schooling system has gone as far as it can take us. The abundance of easily accessible information on the internet, coupled with emerging tech like AI, decentralized protocols and bitcoin, means this is our time to innovate our learning infrastructure. A complete overhaul is due along with the development of a pilot program to test new and unconventional models.
Letâs carve a path towards innovation by sparking discussion around this topic. Hence, this blueprint. It is a gauntlet for any person who genuinely wants to become a stakeholder for our countryâs future. Entry points are:
- BuildersâStartups, developers and investors who will fund and create infrastructure.
- PractitionersâEducators and researchers who will test models.
- SupportersâParents, donors and community members who want to contribute.
**Where Do We Begin?**
Letâs think about crafting the main components of a new pilot model. Below are suggested areas of focus:
- DEFINITION
- APPROACH
- PHILOSOPHY
- CULTURE
- PHYSICAL DESIGN
- OPERATIONAL ORGANIZATION
- ACCOUNTABILITY METHODS
- RISKS & CHALLENGES
- STYLE
- STAKEHOLDERS
**How It Works**
After researching your pedagogical ideas for current and future generations of scholars, itâs time to share your insights. Contribute your viewpoint by structuring a blueprintâone page per sectionâin the following sequence:
- Definition of your modern learning model with its key principles.
- Description of the core learning approach.
- Philosophy distilled into central concepts that will orient stakeholders.
- Culture your modern learning model aspires to live by.
- Potential challenges, risks and drawbacks.
- Design of physical spaces and rationale.
- Operational framework detailing adult and child learning organization.
- Accountability methods to ensure skill growth and competency.
- Style development and name of your model.
- Skin in the game, sign your model with your first and last name (unite stakeholders).
Perhaps if enough stakeholders come together, we can begin to actualize a more effective and updated way of learning. This is a challenge meant to separate those willing to engage in discourse, planning and laying foundations from those content to complain from the sidelines.
**Why Now and Where Does the Money Come From?**
After being a public educator for fifteen years, I learned you will not change the system, the system will change you. Itâs time to design and build above and apart from the current model. 2025 is when courageous people step up to the plate and discuss our learning infrastructure. Whether itâs contributing out of the box thinking, modernizing curriculum, investing in startups or creating your own venture; there is no greater time than now. And no greater place than in the USA!
(By extension, we also create the opportunity to influence our global allies including our neighbors to the North and South.)
âBut how!?â Learning Producers is figuring it out by asking not, âhow?â but âwho?â Who will unite together to develop our learning infrastructure? If you decide you want to participate and join our efforts, share your blueprint as well. For all stakeholders, this is an investment in an untapped market of a new learning economy.
If not, youâre not alone. Some consider this just rhetoric, idealism, or wishful thinking. Additionally, it is unclear how such actions can be profitable or how such infrastructure building will be funded. Money talks. Bullshit walks, right? In that case, letâs talk, and letâs fine tune our BS detectors. Onward, with this call to action:
- Share your own blueprint online or reach out to Learning Producers, Inc. ([Learningproducers.com](https://learningproducers.com/)).
- Conduct research on an ideal location and team to lay foundations on a pilot program at small scale.
- Engage in dialogue with investors interested in developing learning infrastructure for their own children and families.
- Secure stakeholders to develop and test a real world pilot model (real location, real agreements, real timeline, real people).
- Sponsor or donate resources to counter concerns over funding.
Now, we leave you with our blueprint:
PEDAGOGICAL WABI-SABI
We hope you enjoy it.
Sincerely,
**Israel Hernandez**
**Founder of Learning Producers**
**\**[Read or download full blueprint here: <https://www.learningproducers.com/blog/pedagogical-wabi-sabiblueprint-for-developing-learning-infrastructure> \]
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@ da0b9bc3:4e30a4a9
2025-02-24 16:56:02
Hello Stackers!
It's Monday so we're back doing "Meta Music Mondays" ð.
From before the territory existed there was just one post a week in a ~meta take over. Now each month we have a different theme and bring music from that theme.
Welcome to Femmes Fatales 3!!!
I absolutely loved doing this last year so I'm bringing it back for round 3!
It's Femmes Fatales, where we celebrate women in ~Music. So let's have those ladies of the lung, the sirens of sound, our Femmes Fatales!
Stackers, here's Avril Lavigne.
https://youtu.be/dGR65RWwzg8?si=T5onrZ0T_zREhd-n
Talk Music. Share Tracks. Zap Sats.
originally posted at https://stacker.news/items/895855
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@ 2e8970de:63345c7a
2025-02-24 16:44:51
> The highest-earning 10% of Americans have increased their spending far beyond inflation. Everyone else hasnât.
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> The top 10% of earnersâhouseholds making about $250,000 a year or moreâare splurging on everything from vacations to designer handbags, buoyed by big gains in stocks, real estate and other assets.
Those consumers now account for 49.7% of all spending, a record in data going back to 1989, according to an analysis by Moodyâs Analytics. Three decades ago, they accounted for about 36%.
All this means that economic growth is unusually reliant on rich Americans continuing to shell out. Mark Zandi, chief economist at Moodyâs Analytics, estimated that spending by the top 10% alone accounted for almost one-third of gross domestic product.
https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571?mod=hp_lead_pos7
originally posted at https://stacker.news/items/895834
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@ 2e8970de:63345c7a
2025-02-24 16:32:54
> Air pollution tends to get worse before it gets better, but how can we accelerate this transition?
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> Iâm lucky to have grown up with far cleaner air than my parents or grandparents did. In fact, air quality in the United Kingdom is now better than it was for several generations [...] For younger generations in many other countries, this is not the case. Those living in cities like Delhi, Dhaka, or Accra breathe in some of the most polluted air in their countryâs history.
https://ourworldindata.org/cleanest-air-lessons
originally posted at https://stacker.news/items/895817
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@ 378562cd:a6fc6773
2025-02-24 16:30:05
Bitcoin is an incredible innovation, a financial revolution, and an obsession for many. The idea of decentralization, financial sovereignty, and the potential for life-changing gains make it easy to get sucked into the never-ending cycle of price checks, news updates, and technical analysis. But hereâs the reality: dedicating every waking moment to Bitcoinâor anything, reallyâis not sustainable. Itâs not healthy. You need to breathe. You need to live.
### The Trap of Constant Focus
It starts innocently enough. You buy your first bit of Bitcoin. You check the price. Then you check it again. Before long, youâre spending hours reading articles, listening to podcasts, watching charts, and diving into the latest market trends. The highs of a bull market fuel your excitement; the lows of a crash send you spiraling into despair. And soon, it consumes you.
If youâre not careful, Bitcoin can become an all-encompassing mental trap, a black hole that sucks in every moment of your free time. You think about it when you wake up. You refresh your portfolio at lunch. You browse Twitter threads before bed. Itâs an addiction that disguises itself as productivity. But the truth? Itâs draining you.
### The Case for Letting Go
Letâs be realâBitcoin should not be your entire life. Your well-being, relationships, and overall happiness depend on balance. Financial freedom is meaningless if you sacrifice your health, your connections, and your experiences along the way. Hereâs why you need to step back:
1. **Your Brain Needs a Break**âConstantly thinking about Bitcoin puts you under heightened stress. Markets are volatile, and living in reaction mode is exhausting. Give your brain space to rest, reflect, and reset.
2. **The Sun Existsâgo Enjoy It.**Â Get outside, walk, breathe fresh air, and touch some grass, literally. Sitting in front of a screen tracking prices all day is not fulfilling.
3. **Love and Human Interaction Matter**. Your most valuable asset is not Bitcoinâitâs the relationships you build. Spend time with God, with friends, family, and loved ones. Share experiences. Have deep conversations that donât involve blockchain technology.
4. **Automation is Your Best Friend** â Hereâs a secret: You donât need to manually buy Bitcoin every day or even every week. Set up an automated buying schedule and forget about it. Whether itâs once a week, biweekly, or monthly, let technology do the work while you focus on living.
5. **Thereâs More to Life Than Financial Gains** â Wealth is important, but so is joy. Read a book. Pick up a hobby. Travel. Laugh. Life is happening all around youâdonât miss it because youâre staring at a screen.
### Finding a Healthier Approach
Bitcoin can be part of your life without becoming your life. Set boundaries. Schedule specific times to check in on the market, but outside of those moments, let it go. Treat it like any other long-term investmentâbuy, hold, and forget. Trust the process without obsessing over every tick in the chart.
Most importantly, remember: You are a human being, not just an investor. You are here to experience, to love, to learn, and to grow. Bitcoin will be there whether youâre watching or notâbut life wonât wait.
So step away. Breathe. Live.
### Automate Your Bitcoin Strategy with River
If you want to make Bitcoin a seamless part of your life without the stress, consider using **River**. Itâs a platform I love because it allows me to deposit cash and earn a percentage back in Bitcoin on that cash balance and automatically execute a **daily dollar-cost averaging (DCA) strategy FEE-FREE**. Instead of constantly watching charts, my Bitcoin purchases happen automatically, drawing from my cash balance. Itâs fully customizable, meaning you can adjust your buy schedule and even **automatically transfer part of your holdings to your own wallet**, ensuring you hold your own keys.
For those concerned about security, River recently introduced **Forcefield**, an added layer of protection for your assets. If youâre interested in making your Bitcoin journey effortless, **sign up using my referral code** [here](https://river.com/signup?r=6DEZAJLR)âthis earns us both free Bitcoin! Set it and forget it, and get back to living your life.
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@ e5de992e:4a95ef85
2025-02-24 15:30:44
One of the most common misconceptions about trading is that it's no different from gambling. This belief often comes from people who misunderstand the discipline, structure, and effort that go into becoming a successful trader. The truth is, trading couldn't be further from gambling when done right. It's about edges, calculated risks, consistency, and discipline.
Let's break down the key differences and why trading, when approached correctly, is a professional skillânot a game of chance.
---
## Why People Think Trading Is Gambling
1. **Lack of Understanding:**
Many assume trading is about guessing market direction or chasing quick profits, which mirrors gambling behavior.
2. **Emotional Reactions:**
Traders who rely on instincts or impulsive decisions often resemble gamblers, reinforcing the stereotype.
3. **Stories of Losses:**
Headlines about traders losing their life savings due to overleveraging or poor risk management create the illusion that all trading is reckless.
---
## What Trading Really Is
### 1. Trading is About Edges
- **What It Means:**
An edge is a systematic advantage that gives you a higher probability of success over time. It could be a proven strategy, a deep understanding of market patterns, or an ability to exploit inefficiencies.
- **Why It's Not Gambling:**
Gambling relies on pure chance or unfavorable odds (e.g., the house always wins). In trading, a well-researched edge tips the probability in your favor.
### 2. Trading Involves Calculated Risks
- **What It Means:**
Every trade involves assessing how much you're willing to lose relative to the potential gain. Risk management ensures no single trade can wipe you out.
- **Why It's Not Gambling:**
In gambling, you often bet more than you can afford to lose. In trading, calculated risks are taken with predefined stop-losses and position sizing to minimize potential damage.
### 3. Trading is an Emotional Fight
- **What It Means:**
Success in trading depends on mastering your emotionsâfear, greed, impatience, and overconfidence can destroy even the best strategies.
- **Why It's Not Gambling:**
Gambling thrives on emotional highs and lows. Trading requires emotional discipline, where decisions are based on logic and planning, not impulse.
### 4. Trading Demands Consistency
- **What It Means:**
Successful trading isn't about a single big winâit's about executing your strategy consistently over hundreds or thousands of trades.
- **Why It's Not Gambling:**
Gambling often relies on luck and one-off results. Trading builds wealth through steady, disciplined application of a proven system.
### 5. Trading Focuses on Long-Term Goals
- **What It Means:**
Traders work towards sustainable growth over months and years, prioritizing capital preservation and compounding profits.
- **Why It's Not Gambling:**
Gamblers often aim for immediate gratification, while traders take a marathon approach, understanding that success is built gradually.
### 6. Trading Requires Countless Hours of Practice
- **What It Means:**
Traders spend countless hours backtesting strategies, studying market behavior, and improving their skills.
- **Why It's Not Gambling:**
Gambling involves minimal preparation or reliance on skill, whereas trading is a craft honed through continuous learning and refinement.
---
## Key Differences Between Trading and Gambling
| **Aspect** | **Trading** | **Gambling** |
|------------------------|-----------------------------------------|-----------------------------|
| **Control** | Follows a defined plan | Relies on chance |
| **Risk Management** | Uses stop-losses and proper sizing | All-in mentality |
| **Skill vs. Luck** | Based on skill and strategy | Primarily luck |
| **Timeframe** | Focused on long-term growth | Instant gratification |
| **Emotional Approach** | Requires discipline | Driven by highs and lows |
---
## Final Thoughts: Trading is a Profession, Not a Bet
The idea that trading is gambling stems from a lack of knowledge about what trading truly entails. While both involve risk, trading is a calculated, skill-based profession that rewards preparation, discipline, and consistency. Gambling, on the other hand, is a game of chance with the odds stacked against you.
If you want to succeed as a trader, focus on building edges, managing risk, and staying consistent over the long term. These principles separate professionals from gamblersâand turn trading into a sustainable path to financial growth.
**Remember:** It's not about luck. It's about skill.
---
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@ fd78c37f:a0ec0833
2025-02-24 15:15:58
In this episode, we invited Alexandra from the Bitcoin Reach community to share insights on the development, challenges, and adoption strategies of the Bitcoin community in Zimbabwe.
**YakiHonne**: Before we begin, let me briefly introduce YakiHonne. YakiHonne is a decentralized media client built on Nostrâa protocol designed to empower freedom of speech through technology. It enables creators to own their voices and assets while offering innovative tools like smart widgets, verified notes, and support for long-form content. Today we'll be exploring more about community building and management with our honorable guest Alexandra. Could you please introduce yourself and your community?
**Alexandra**ïžI'm Alexandra, and I founded a community called Bitcoin Beach, which is a suburban community. One thing that really astonished me was that there were already many Bitcoin communities worldwide before us. Before getting into Bitcoin, I worked for a podcast called Global Bitcoin Fest, where I interviewed community leaders from different countries, innovators driving change, and those advocating for Bitcoin regulations. Through these conversations, I discovered that Bitcoin communities existed all over the worldâyet, surprisingly, there wasnât one in Zimbabwe.
**Alexandra**ïžThis was particularly shocking because Zimbabwe has experienced some of the highest inflation rates in historyâthe second-highest inflation rate of all time. Many people associate Zimbabwe with its 100 trillion-dollar banknotes, which symbolize our extreme hyperinflation. In fact, we have gone through six currency failures, yet many still donât fully understand inflation or how it affects us.
**Alexandra**ïžOur community was created to educate people about Bitcoin and financial sovereignty, helping them navigate economic instability and regain control over their finances through Bitcoin.
**YakiHonne**: It seems like you have a lot of people who genuinely want to learn about Bitcoin. They are not only focused on improving Zimbabweâs economy but also actively engaging with the Bitcoin ecosystem.
**Alexandra**ïžI think one of the biggest challenges is that people don't truly understand how devastating a failed monetary system can be. If you look at it this wayâmoney is involved in 50% of all transactions, meaning it plays a fundamental role in every economic activity. When money fails, one of the first consequences is the inability to calculate capital effectively, leading to high time preference decision-making.
**Alexandra**ïžWhy is this a problem? Well, in a stable monetary system, when people have strong purchasing power, they receive fair value for their economic output. This allows them to buy goods and services, invest in their future, pursue higher education, start businesses, and invest in assets like real estate and stocks. Essentially, good money gives people the time and ability to build a better future.
**Alexandra**ïžHowever, when money does not store economic value, people only receive a fraction of what they produce. Instead of earning a full dollar for their work, they might get only two to three cents on the dollar. This means their income is barely enough for basic sustenanceâjust buying food, bread, and milk, and often, that isnât even sufficient.
**Alexandra**ïžAs a result, people shift from long-term financial planning to immediate survival, making economic calculations purely about what they need right now rather than investing in the future. This is why so many places remain impoverished. Without stable money, real estate investments disappear, housing becomes inaccessible, and infrastructure like malls and gyms is nearly nonexistent. The only way to secure housing is outright purchase, which very few people can afford. This highlights the severe economic limitations caused by a broken monetary system.
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**YakiHonne**: It seems like you've already answered our first question. I was going to ask what sparked your interest in Bitcoin, but I can see that many factors actually led you toward the Bitcoin ecosystem. So, I think you've already covered that. Now, one more thingâIâd love to know what motivated you to build a community around Bitcoin?
**Alexandra**ïžAbsolutely. Like I said, we observed communities all across Zimbabwe, but we noticed that nothing was really happening in terms of Bitcoin adoption. In fact, Zimbabwe's adoption rate is significantly lower than in most countries. While sub-Saharan Africa has the highest Bitcoin adoption rate, Zimbabwe itself has one of the lowest adoption rates.
**Alexandra**ïžI realized that if no one else was willing to pave the way to make Bitcoin adoption more resilient and accessible, then I should step up and do the necessary work to facilitate the process. My goal was to connect the people who needed to be connectedâwhether it's miners, individuals looking to buy Bitcoin, or those who need help installing and using it.
**YakiHonne**: How did Bitcoin Reach begin? How was your community formed, and how did you initially attract new members?
**Alexandra**ïžit all started with just a few people. I was highly motivated and kept asking myself, how can we create an impact in Zimbabwe? Strangely enough, it began with me simply chasing leads.
**Alexandra**ïžThe turning point came when Anita Posch visited Zimbabwe. Through her visit, I connected with other like-minded individuals in the Bitcoin space. From there, we decided to create a WhatsApp group, which became the foundation of our community. With this small collective, I started reaching out to more people. Having even a modest level of influence allowed me to leverage connections and secure sponsorships.
**Alexandra**ïžOur first sponsor was Booking for Fairness, followed by Money on Chain, Rootstock, and Global Bitcoin Fest. With this support, we started hosting regular meetups, organizing at least two meetups per month in different cities and countries. So far, we've held meetups in over eight cities across four different countries. At these events, attendance ranged from 25 to over 50 people, and at times, we even filled an entire restaurant with Bitcoin enthusiasts.
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**YakiHonne**: That's really impressive! You started with just three people, and now you're hosting events with over 50 attendeesâsometimes even filling an entire restaurant. Thatâs truly amazing. Alexandra, you and your team are doing incredible work in Zimbabweâit's a massive achievement! What challenges have you faced, and how have you overcome them?
**Alexandra**ïž I think one of the major challenges that we do face is what we call an implicit ban, and some functions. Firstly, when we have what we call the negative order assumptions, a policy similar to what South Africa recently faced. Essentially, any country with bilateral relations with the United States must enforce the same sanctions imposed by the U.S. As a result, Zimbabwe is restricted from receiving goods and services from many companies. If youâre a Bitcoin business, you cannot provide Bitcoin services to Zimbabwe, cannot send hardware wallets, cannot hire people from Zimbabwe, and cannot offer sponsorships to Zimbabwean projects. This significantly limits the number of Bitcoin companies we could have collaborated with, which would have helped people earn Bitcoin and drive adoption.
**Alexandra**ïžThe second major challenge is implicit ban. If a Bitcoin company sets up in Zimbabwe, they cannot access on-ramps and off-ramps for funds. This means converting Bitcoin to physical cash is very expensiveânormally, the cost should be around 2%, but due to the lack of formal channels, we have to buy Bitcoin at a 10% margin, making transactions extremely costly. As a result, it becomes difficult to establish a circular Bitcoin economy, and since we donât have one, we struggle to secure funding.
**YakiHonne**: What advice would you give to someone looking to start or expand a Bitcoin-focused community in todayâs landscape?
**Alexandra**ïžMy advice would be to focus on the core issues, and the two most important ones are structure and education. Often, we get distracted by other elements when building a larger economyâsuch as organizing meetups, managing day-to-day operations, or maintaining WhatsApp groups for communication. However, for a community to truly grow and thrive, it needs a strong structural system and a functional circular economy.
**Alexandra**ïžFirst, structure is key. If someone wants to learn about Bitcoin, where can they go? What courses or resources are available? Having clear educational pathways is essential for adoption.
**Alexandra**ïžSecond, building a circular economy is crucial. The first step is identifying people who are earning Bitcoinâwhether through remittances, jobs, or services. Once there are enough Bitcoin earners, the next step becomes easier: figuring out where they can spend it. This is a far more practical approach than simply convincing businesses to accept Bitcoin without an existing customer base.For example, if youâre a vendor, shop owner, photographer, baker, or farmer, there are many potential Bitcoin customers who donât want to cash out due to high fees. By accepting Bitcoin, businesses expand their clientele, which is a critical factor in establishing a sustainable Bitcoin economy.
**YakiHonne**: Does your community engage in the technical or non-technical aspects of Bitcoin? Or perhaps do you guys do both?
**Alexandra**ïžI think one of the biggest challenges is that we have people conducting thousands of dollars in Bitcoin transactions, yet they donât understand what Lightning or Layer 2 is. Some even believe that Bitcoin has no real utility, despite using it regularly. There are people who are interested in the technical aspects, and we are gradually finding them. However, our community initially consisted mostly of people who used Bitcoin primarily for remittances. This is a common challenge in AfricaâBitcoin adoption grew rapidly because people saw it as a useful tool, not because they fully understood it. Unfortunately, we are currently more focused on the non-technical aspects, but we are actively working to change that.
**YakiHonne**ïžAlexandra, how do you see the role of Bitcoin communities evolving as technology advances, particularly in areas like scalability, privacy, and adaptability? How do you think these communities will develop as these technologies mature?
**Alexandra**ïžYeah, I think Bitcoin communities play a crucial role in adoption and education. One of the most common things I hear when teaching people about Bitcoin is, âI wish I had learned about this from you first.â Many people's first encounter with Bitcoin was through scams, which led them to give up on it. Communities are essential because people are more likely to trust and engage with products when they come from a trusted source.
**Alexandra**ïžWhen you build a community, every new member you bring in has the potential to influence five to ten others. These people are more likely to trust a friendâs recommendation when they say, âBitcoin is good,â or when they explain how on-chain transactions might be slower or more expensive, but tools exist to enable faster, cheaper, and more private transactions.
**Alexandra**ïžPeople buy into products they trustâor from people they trust. This is why communities are so important, even in a system built on "Don't trust, verify." Ironically, trust is still the first step for many newcomers. I think this is where Bitcoin might have missed the markâthere are so many incredible Bitcoin advocates, but if no one knows them personally, their messages, no matter how well-articulated, may not resonate. However, when the information comes from a trusted individual, people are much more receptive.
**Alexandra**ïžBitcoin communities serve as a solid foundation for introducing new solutions, including scalability, privacy, and other innovations. The key is communicating these ideas in a way that people trust and understand. Unlike expensive marketing campaigns, a passionate community can spread Bitcoin education almost for freeâall they need are the right tools and resources to drive the movement forward.
**YakiHonne**ïžAs long as there is trust, expansion will happen more effectively. Every user, every community member is a stakeholder, as they have the ability to bring others into the community. Iâm confident that Bitcoin Reach will continue to grow and make an impact. Now, moving on to my final question, is the government in your region supportive or opposed to Bitcoin? And how has that stance impacted your community so far?
**Alexandra**ïžour government is against Bitcoin. As I mentioned earlier, they were the ones who imposed the implicit ban, making it very expensive for individuals to buy Bitcoin. Zimbabwe used to be one of the fastest adopters in sub-Saharan Africa, but as soon as the government banned Bitcoin, adoption plummeted from 100 to zero. This has made it much more challenging for people like me to build a community around Bitcoin.
**Alexandra**ïžNow, people hold their own keys because they are all using hardware wallets, which is a major benefit. Since they donât trust institutions, they have taken full control of their Bitcoin, which is a great step toward financial sovereignty. However, this also slows down adoption in some ways. For example, in South Africa, our neighboring country, Pick n Pay has over 1,500 stores where people can pay with Bitcoin. In Zimbabwe, however, there are almost no places to spend Bitcoin, making real-world usage extremely limited.
**YakiHonne**ïžThank you, Alexander.We've now reached the conclusion of today's interview, and I must say, I've learned so much from you. First, I truly admire how you were motivated by the low Bitcoin adoption rate in your country and took action to change that. I also appreciate your efforts to integrate economic growth with Bitcoin adoption, showing a deep understanding of both financial and technological progress. Your approach to community building is inspiringâyou recognize that every community member matters, and the trust they bring is essential to the communityâs success. Itâs unfortunate that your government does not support Bitcoin, but with time, I believe that as Bitcoinâs influence continues to grow, they will eventually yield to its impact. Iâm confident that there will be a stronger Bitcoin movement in Zimbabwe in the future.
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@ 2f4550b0:95f20096
2025-02-24 14:30:45
The role of a leader extends far beyond managing tasks or hitting targets. Great leaders donât just steer their ships; they design environments where their teams can grow, adapt, and thrive. By wearing the hat of "learning architects," leaders can craft intentional, impactful learning experiences that empower their teams to take ownership of their development. This isnât about spoon-feeding knowledge or enforcing rigid training programs. Itâs about building a framework where learning feels natural, relevant, and self-directed, unlocking both individual potential and collective success.
At the heart of this approach are two guiding principles: self-direction and relevance. Encouraging self-direction for your team will tap into the innate human drive to explore and grow when given autonomy. People donât want to be told what to learn; they want to pursue learning that matters to them. Relevance, meanwhile, ensures that learning connects directly to real-world challenges, making it immediately applicable. When leaders weave these principles into their teamâs growth strategy, they foster a culture of curiosity and resilience.
Why does a learning architect mindset matter? Teams that prioritize learning are better equipped to navigate uncertainty. When leaders design growth opportunities, they signal trust in their teamâs ability to evolve, boosting morale and performance. More importantly, in a world where skills can become obsolete overnight, fostering continuous learning isnât optional; itâs a survival tactic.
So, how can leaders build this learning ecosystem? Hereâs a three-step blueprint to kickstart a team learning initiative thatâs both practical and impactful:
## Step 1: Map the Terrain by Identifying Needs and Interests
Start by understanding your teamâs needs. What skills do they need to excel in their roles today, and what might they need tomorrow? Donât assume; ask. Conduct one-on-one chats or a quick team survey to uncover your team membersâ goals, pain points, and passions. For example, a marketing team might crave data analytics skills, while a product team might lean toward user experience design. Pair these insights with organizational priorities to find the sweet spot where individual interests meet business needs. This step ensures relevance by grounding learning in real-world demands, while inviting self-direction by giving team members a voice.
## Step 2: Build the Framework by Curating Flexible Learning Paths
Once youâve mapped the terrain, design lightweight, adaptable learning paths. Avoid heavy-handed mandates; instead, offer a menu of options. This could mean curating online courses from providers like Coursera or LinkedIn Learning, organizing peer-led workshops, or even setting up a book club tackling industry trends. The key is flexibility; let team members choose what resonates. For instance, if someoneâs keen on leadership, point them to a podcast series, while a hands-on learner might shadow a senior colleague. Add structure with loose milestones (e.g., âTry one new resource this monthâ) to keep momentum without stifling autonomy. This balance of guidance and freedom fuels self-directed growth.
## Step 3: Encourage Reflection and Application
Learning doesnât stick unless itâs used. Create opportunities for your team to reflect on what theyâve learned and apply it. Host casual âshare-backâ sessions where they present key takeaways or test new skills on a small project. For example, a salesperson who studied negotiation tactics could role-play a contract negotiation scenario, while a developer might prototype a tool theyâve explored. Tie these efforts to real challenges, like improving a process or brainstorming a product tweak, to reinforce relevance and connect their learning to the organizationâs strategy. As a leader, your role is to cheerlead, ask questions, and remove roadblocks. Being a learning architect isnât about having all the answers. Itâs about designing a system where growth becomes second nature. By anchoring your approach in self-direction and relevance, and following a simple blueprint (map needs, build paths, open space), you empower your team to take the reins. The result? A group thatâs not just keeping up, but pushing forward, ready for whatever comes next. Start small, iterate often, and watch your team transform into a powerhouse of learners and top performers.
**Leaders as Learning Architects: Designing Growth for Your Team**
The role of a leader extends far beyond managing tasks or hitting targets. Great leaders donât just steer their ships; they design environments where their teams can grow, adapt, and thrive. By wearing the hat of "learning architects," leaders can craft intentional, impactful learning experiences that empower their teams to take ownership of their development. This isnât about spoon-feeding knowledge or enforcing rigid training programs. Itâs about building a framework where learning feels natural, relevant, and self-directed, unlocking both individual potential and collective success.
At the heart of this approach are two guiding principles: self-direction and relevance. Encouraging self-direction for your team will tap into the innate human drive to explore and grow when given autonomy. People donât want to be told what to learn; they want to pursue learning that matters to them. Relevance, meanwhile, ensures that learning connects directly to real-world challenges, making it immediately applicable. When leaders weave these principles into their teamâs growth strategy, they foster a culture of curiosity and resilience.Â
Why does a learning architect mindset matter? Teams that prioritize learning are better equipped to navigate uncertainty. When leaders design growth opportunities, they signal trust in their teamâs ability to evolve, boosting morale and performance. More importantly, in a world where skills can become obsolete overnight, fostering continuous learning isnât optional; itâs a survival tactic.
So, how can leaders build this learning ecosystem? Hereâs a three-step blueprint to kickstart a team learning initiative thatâs both practical and impactful:
**Step 1: Map the Terrain by Identifying Needs and Interests**
Start by understanding your teamâs needs. What skills do they need to excel in their roles today, and what might they need tomorrow? Donât assume; ask. Conduct one-on-one chats or a quick team survey to uncover your team membersâ goals, pain points, and passions. For example, a marketing team might crave data analytics skills, while a product team might lean toward user experience design. Pair these insights with organizational priorities to find the sweet spot where individual interests meet business needs. This step ensures relevance by grounding learning in real-world demands, while inviting self-direction by giving team members a voice.
**Step 2: Build the Framework by Curating Flexible Learning Paths**
Once youâve mapped the terrain, design lightweight, adaptable learning paths. Avoid heavy-handed mandates; instead, offer a menu of options. This could mean curating online courses from providers like Coursera or LinkedIn Learning, organizing peer-led workshops, or even setting up a book club tackling industry trends. The key is flexibility; let team members choose what resonates. For instance, if someoneâs keen on leadership, point them to a podcast series, while a hands-on learner might shadow a senior colleague. Add structure with loose milestones (e.g., âTry one new resource this monthâ) to keep momentum without stifling autonomy. This balance of guidance and freedom fuels self-directed growth.
**Step 3: Encourage Reflection and Application**
Learning doesnât stick unless itâs used. Create opportunities for your team to reflect on what theyâve learned and apply it. Host casual âshare-backâ sessions where they present key takeaways or test new skills on a small project. For example, a salesperson who studied negotiation tactics could role-play a contract negotiation scenario, while a developer might prototype a tool theyâve explored. Tie these efforts to real challenges, like improving a process or brainstorming a product tweak, to reinforce relevance and connect their learning to the organizationâs strategy. As a leader, your role is to cheerlead, ask questions, and remove roadblocks.
Being a learning architect isnât about having all the answers. Itâs about designing a system where growth becomes second nature. By anchoring your approach in self-direction and relevance, and following a simple blueprint (map needs, build paths, open space), you empower your team to take the reins. The result? A group thatâs not just keeping up, but pushing forward, ready for whatever comes next. Start small, iterate often, and watch your team transform into a powerhouse of learners and top performers.
-
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@ a012dc82:6458a70d
2025-02-24 13:16:04
The financial landscape has been dramatically reshaped with the U.S. Securities and Exchange Commission's (SEC) landmark approval of the first-ever batch of spot bitcoin exchange-traded funds (ETFs). This pivotal moment not only signifies a major leap forward for the cryptocurrency realm but also marks a significant evolution in traditional investment methodologies. The integration of Bitcoin into the ETF framework heralds a new era of digital asset investment, blending the innovative world of cryptocurrencies with the stability and familiarity of traditional financial markets. This article aims to provide a comprehensive understanding of Bitcoin ETFs, their profound implications for the investment community, and the transformative potential they hold for the future of financial diversification and strategy.
**Table of Contents**
- What is a Bitcoin ETF?
- The Significance of SECâs Approval
- Impact on the Cryptocurrency Market
- Benefits for Investors
- Enhanced Accessibility
- Portfolio Diversification
- Regulatory Safety Net
- Challenges and Considerations
- Conclusion
- FAQs
**What is a Bitcoin ETF?**
A Bitcoin ETF represents a seismic shift in investment opportunities, offering a bridge between the cutting-edge realm of cryptocurrencies and the established world of stock market investing. It functions as an investment fund that closely tracks the value of Bitcoin, allowing investors to buy shares that mirror the performance of the digital currency. These shares are traded on conventional stock exchanges, akin to stocks, thereby democratizing access to Bitcoin investment. This innovative approach eliminates the technical barriers and security concerns associated with direct cryptocurrency investments, such as understanding blockchain technology, managing digital wallets, and safeguarding private keys. By simplifying the investment process, Bitcoin ETFs are poised to attract a diverse range of investors, from seasoned stock market enthusiasts to newcomers intrigued by the potential of digital currencies.
**The Significance of SECâs Approval**
The SEC's approval of Bitcoin ETFs is a watershed moment, signaling a paradigm shift in the financial sector's approach to digital assets. It's a recognition of Bitcoin's growing relevance and maturity as an investment asset, and a nod to its potential to integrate seamlessly into the broader financial system. This move is not just about regulatory compliance; it's a strong endorsement of the legitimacy and viability of cryptocurrencies. The involvement of heavyweight financial institutions in sponsoring these ETFs is a testament to the growing confidence in Bitcoin's future. This development is expected to catalyze further innovations in the cryptocurrency space, encouraging more rigorous standards, enhanced security protocols, and greater transparency, all of which are essential for mainstream acceptance and long-term growth.
**Impact on the Cryptocurrency Market**
The launch of Bitcoin ETFs is set to revolutionize the cryptocurrency market. By offering a regulated, familiar, and accessible investment vehicle, these ETFs are likely to attract a new demographic of investors, including those who have been on the sidelines due to the perceived complexities and risks of cryptocurrencies. This broader investor base could lead to increased market capitalization and liquidity for Bitcoin, potentially reducing volatility and fostering a more stable pricing environment. Moreover, the introduction of Bitcoin ETFs could serve as a catalyst for the development of similar products for other cryptocurrencies, paving the way for a more diverse and robust digital asset market. This could also spur innovation in blockchain technology and crypto-related services, further integrating these into the mainstream financial ecosystem.
**Benefits for Investors**
**Enhanced Accessibility**
Bitcoin ETFs represent a democratization of cryptocurrency investment, making it accessible to a wider audience. This inclusivity extends beyond individual investors to institutional ones, who may have been hesitant to invest in cryptocurrencies due to regulatory concerns or logistical complexities. By trading on major stock exchanges, Bitcoin ETFs offer a familiar and regulated environment, lowering the entry barrier for those new to digital currencies.
**Portfolio Diversification**
The introduction of Bitcoin ETFs offers a novel avenue for portfolio diversification. Historically, investors seeking diversification would turn to a mix of stocks, bonds, and commodities. Bitcoin ETFs add a new dimension to this mix, providing exposure to an asset class that has shown a low correlation with traditional markets. This diversification can be particularly appealing in times of economic uncertainty or inflationary pressures, where Bitcoin has often been touted as a 'digital gold'.
**Regulatory Safety Net**
Trading within the regulated framework of stock exchanges, Bitcoin ETFs offer a level of oversight and consumer protection not typically available in direct cryptocurrency investments. This regulatory safety net can be particularly reassuring for risk-averse investors and those concerned about the legal implications of cryptocurrency investments.
Simplified Investment and Taxation Process: Investing in Bitcoin directly involves a complex maze of tax implications and ownership challenges. Bitcoin ETFs streamline this process, offering a straightforward investment vehicle that fits neatly into existing tax and investment frameworks. This simplification is a boon for both individual investors managing their portfolios and financial advisors seeking to incorporate digital assets into their clients' strategies.
**Challenges and Considerations**
While Bitcoin ETFs offer numerous advantages, they are not without their challenges and risks. The cryptocurrency market, known for its volatility, presents a unique risk profile that may not be suitable for all investors. The price of Bitcoin can be influenced by a range of factors, from regulatory news to technological developments, and investor sentiment. Therefore, while ETFs provide a more accessible route to Bitcoin investment, they do not shield investors from the inherent price volatility of the underlying asset. Additionally, as with any emerging investment vehicle, there is a learning curve associated with understanding how Bitcoin ETFs fit into a broader investment strategy. Investors should conduct thorough research, consider their long-term investment goals, and possibly consult with financial advisors to understand how Bitcoin ETFs align with their risk tolerance and investment objectives.
**Conclusion**
The introduction of Bitcoin ETFs is a landmark development in the financial world, bridging the gap between traditional investment mechanisms and the burgeoning world of digital currencies. This innovation not only expands the accessibility of Bitcoin to a broader range of investors but also enhances the overall credibility and stability of the cryptocurrency market. As the financial landscape continues to evolve, Bitcoin ETFs stand as a beacon of the growing synergy between conventional finance and digital asset innovation, offering a glimpse into a future where such collaborations are not just possible but are a cornerstone of investment strategy. As we move forward, Bitcoin ETFs will likely play a pivotal role in shaping the dynamics of investment portfolios, offering a unique combination of innovation, accessibility, and diversification.
**FAQs**
**What is a Bitcoin ETF?**
A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin, allowing investors to buy shares in the ETF on traditional stock exchanges, without directly purchasing and managing Bitcoin.
**How does a Bitcoin ETF differ from buying Bitcoin directly?**
Unlike direct Bitcoin purchases, which require a cryptocurrency exchange account and a digital wallet, a Bitcoin ETF allows investors to trade shares representing Bitcoin on conventional stock exchanges, simplifying the investment process.
**Are Bitcoin ETFs safe investments?**
While Bitcoin ETFs offer the safety of regulated stock exchanges and eliminate the need for digital wallet management, they still carry the inherent volatility and risks associated with Bitcoin prices.
**Can Bitcoin ETFs be included in retirement portfolios?**
Yes, Bitcoin ETFs can be included in various investment portfolios, including retirement plans, offering a way to diversify with a new asset class.
**What are the tax implications of investing in a Bitcoin ETF?**
Bitcoin ETFs simplify tax reporting compared to direct cryptocurrency investments. However, investors should consult with a tax professional to understand specific implications.
**That's all for today**
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***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ 0463223a:3b14d673
2025-02-24 12:34:15
Iâm in a weird space of nostalgia. 24 hours without any pharmaceutical help for mood and anxiety problems. As mentioned previously, Iâve been boshing RRSIs and the like for 10 plus years. Theyâre very addictive to be honest. For context Iâve given up nicotine, amphetamines, crack cocaine and heroin in the past so I think Iâm a decent benchmark for a drugâs addictive qualities...
Top, without question was nicotine. Not for the side effects but the fact it took many years to kick and a lot of on/off usage. I canât remember the last time I smoked a cigarette so itâs been quite a few years now. Heroin was funâĶ. Well if you call fun having a horrible case of flu where you also hallucinate, that sort of fun.
But RRSIs have been very tough and itâs only been 24 hours (after slowly reducing the dose over 6 months). I feel pretty shit to be honest but Iâll get through today. Iâve also quit Pregabalin today which, as I understand, is an anti-psychotic so I canât rule out the possibility of psychopathy todayâĶ I tried once before and it came close to ending my relationship with my wife (not for psychopathy I hasten to add, just an absolutely foul, unstable mood). This time Iâve taken the process a lot slower.
Iâve been trapped in a weird feeling of nostalgia these last 24 hours, itâs odd as it is being trapped inside the perception of a piece of music. I donât think I can describe the feeling well but the track is from a cassette I had as a kid. The true origins of the tape I donât know. I taped it from a friend who told me it was from the club we frequented in 1991, a place called Slammers. Still without doubt the best club I ever went to. It was tiny, like not much bigger than an average house in the UK, in fact probably smaller, depends on your perception of house sizes. Iâm going by turn of the century terraced houses common in the UK. The club coincided with a particularly good run of ecstasy tablets in the UK. The downstairs of the club was truly mental. There were no lights at all. Pitch black, the only lighting being from the turntables and mixer. It was nuts. It was a life changing experience. Being broke I only ever went a handful of times but the idea the tape originated from there was good enough for me. The in house DJ crew were the Get Down Crew from Bethnal Green (at least I think this is what I remember). Namely two guys by the names of Wigs and Easy T. The music played was a lot of what paved the way for Jungle in 1993 and the term Jungle Techno was being used by us around this time. Now the tape may not have been Wigs and Easy T, part of me wonders if it was DJ Rap (Or Fabio???). Whist the tunes were great, the mixing wasnât amazing and reminiscent of Rapâs style (sorry DJ Rap!) but it exists in my memory, a very real artefact.
So this tape was another source for me to find records, most that I really liked I identified over the years but some eluded me. One was Virtual by The Black Dog (ironic), that I found on night online, probably a few glasses of wine inâĶ And I now know that there were only 500 copies of that record made, copies go for around ÂĢ100 these days. Worst is I actually nearly bought it at the time but the dude in the record shop said it probably wasn't my thing!?!?!?!? Even back in 1991 the song sounded like some ancient artefact. Such a warm noise. âWorld World World, I sit in my room imagine the futureâ. Damn.
The other track I only recently found out, and it was on the B Side from a group I already loved and had some of their records. However, unlike The Black Dog, itâs not rare, just overlooked as the group were more known for their Hip Hop output. It was The Cash Crew all along?! Fuck!!!! Now since finding I play on my streaming show a lot and given Iâd listened so much on cassette too, I know that record inside out!
Well no I donât!??! After editing for a mixtape, I noticed layers of vocals I never knew existed and Iâm also now trapped in this nostalgic frame and it feels immeasurably sad. The fact is I never actually heard that record in a club, despite it being on a tape that I help as an ultimate reference point for a moment in time that I never actually experienced. That sums up the feeling of coming off RRSIs. Maybe this all sounds frivolous but music has always make up a core of my identity, more so than being a fucking spastic ever did.
Now I own the record, I am old as fuck and millions of miles away from a moment that never existed. I canât explain.
Cash Crew â HUMP
https://video.mxtthxw.art/w/dQHPt96bXwMP8Ggyjrcq8x
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@ e7bc35f8:3ed2a7cf
2025-02-24 12:15:30
Contrary to what its multi-million dollar [international PR campaign]( https://youtu.be/D_MZKRG3frQ) would have you believe, the "White Helmets" are not a group of volunteer search-and-rescue workers that sprang spontaneously out of the Syrian soil.
In November 2017, journalist Vanessa Beeley gave a [groundbreaking presentation]( https://www.youtube.com/live/lC7ZxdFzdzQ) to the Swiss Press Club in Geneva on the so-called "Syria Civil Defence" (better known as the "White Helmets"), which presents itself as an impartial group of volunteer search and rescue workers working "_to save lives and strengthen communities in Syria._"
In her presentation, Beeley demonstrated the connections between this supposedly "neutral" organization, recognized terrorist groups operating in Syria, and the UK government.
VANESSA BEELEY
> During my time working in East Aleppo, it was clear that the councils were working hand in hand with [Al] Nusra Front. Their centers in each district were always next door to Nusra Front headquarters and White Helmet centres, i.e., they always formed an integrated complex.
Less than three weeks later, [The Guardian]( https://www.theguardian.com/world/2017/dec/18/syria-white-helmets-conspiracy-theories) released a report painting all skeptics of the White Helmets, including Beeley and other "anti-imperialist activists", as proponents of a Russian propaganda campaign directed by the Kremlin.
This is no coincidence.
The White Helmets are in fact part of a coordinated propaganda campaign. But that campaign is not being directed by the Kremlin, but the western governments which have been responsible for the founding and funding of the White Helmets.
And the ones promoting that propaganda are not independent journalists like Beeley, but establishment mouthpieces like The Guardian.
The White Helmets won an Oscar at the 2017 Academy Awards. This is, after all, an organization that thrives on the magic of movie-making to make themselves into heroes. Surely any movie that could turn a group funded by the US and UK governments, associated with western intelligence operatives, and embedded with Al Qaeda terrorists, into a group of crusading heroes is as worthy of an Academy Award as any similarly fictitious movie about superheroes saving the world.
It was also fitting that the leader of the group, Raed Saleh, [was not at the ceremony]( https://youtu.be/EJ5uFsEMLGw) to help accept the prize as originally planned.
ðļNPR REPORTER:
> Hi, I 'm wonderingâĶum, I thought the White Helmets weâre gonna be here, or the leader and the cinematographer who shot a lot of this film. What happened?
ðļORLANDO VON EINSIEDEL:
> Well, Raed Saleh, whoâs the leader of the White Helmets, he couldnât come in the end because the last couple of days in Syria the violence has really escalated and he does life-saving work[âĶ]. Our cinematographer, I mean, you know weâre confused about this, too. The last two weeks have been very difficult. He had a US visa, he tried to board a plane, and he wasnât able to come, so we - you know, weâre very sad about that.
What Orlando von Einsiedel, the director of the film, neglected to mention is that this was not the first time that Raed Saleh, the leader of the White Helmets, failed to appear in the US.
In April of 2016, InterAction, an alliance of NGOs, held a gala dinner in Washington, where it planned to honour Saleh and the work of the White Helmets in Syria.
However, Saleh [was refused entry]( https://www.nytimes.com/2016/04/21/world/middleeast/leader-of-syria-rescue-group-arriving-in-us-for-award-is-refused-entry.html?_r=0) into the country when he arrived at Washingtonâs Dulles Airport.
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Declining to talk about the details of the case, a [State Department spokesman]( https://youtu.be/ehdAVgmPODY) merely said, "_The U.S. governmentâs system of continual vetting means that traveler records are screened against available information in real time_".
ðļMATT LEE:
> You commend this group, youâre going to continue to support them, and yet you revoked the visa of their leader? I donâtâĶthat makes zero sense to me. [âĶ]
ðļMARK TONER:
> ...unfortunately, we canât speak to individual visa cases. I think broadly speaking, though on any visa case we are constantly looking at new information, so-called 'continually vetting' travel or records and if we do have new information that we believe an individual would pose a security risk weâll certainly act on that.
ðļLEE:
> Iâm saying that it just strikes me as a bit odd that youâre saying that this group is wonderful and does such a great job and youâre commending them for their heroism, and yet youâre doing this just 10 days after the leader of this group, who was supposed to be, you knowâĶgot his visa revoked or wasnât allowed to travel here. [âĶ]
ðļTONER:
> Well, heâs one individual in the group, and any individualâagain, Iâm broadening my language here for specific reasonsâbut any individual in any group suspected of ties or relations with extremist groups, or that we have believed to be a security threat to the United States, we would act accordingly. But that does not by extension mean we condemn or would cut off ties to the group for which that individual works for.
So how is this possible?
How could the leader of such a valiant team of crusading do-gooders himself be denied a visa to enter the United States as a potential security threat with ties to terrorists?
The multi-million dollar PR campaign that surrounds the White Helmets, after all, portrayed the group as being pure as the driven snow.
A perfect example for this is [the story]( https://youtu.be/L5ULObu2ByM) about the boy named Omran Daqneesh.
A story that eventually turned to be totally [fake news]( https://www.mintpressnews.com/mintpress-meets-father-iconic-aleppo-boy-says-media-lied-son/228722/).

But what is always left out of these glowing mainstream media puff pieces is any actual information about the organization.
Where did it come from?
Who founded it?
Where does it get its funding?
And why did it operate exclusively in terrorist-held areas of Syria?
The first clues about the real nature of the group come from their name itself. Calling themselves the "Syria Civil Defence" is misleading in multiple ways.
First, it implies that the group was founded in Syria by Syrians.
It was not.
The group was in fact founded in March 2013 in Turkey, by James Le Mesurier, a former British military intelligence officer then doing contract work for the US and UK governments.
None of this information is even controversial. This is the story as told by [Le Mesurier]( https://youtu.be/sw3NMEyMSTw) himself.
The name "Syria Civil Defence" was also a lie because there was a [real Syria Civil Defence]( https://21stcenturywire.com/2016/09/23/exclusive-the-real-syria-civil-defence-expose-natos-white-helmets-as-terrorist-linked-imposters/) that has been operating in the country for 65 years.
The actual Syria Civil Defence, a volunteer search and rescue organization, was established in Syria in 1953.
Unlike the White Helmets, the [real Syria Civil Defence]( https://icdo.org/) was a member of the International Civil Defence Organisation and (again, in contrast to the White Helmets) had an emergency number (113) that can be called in Syria by those needing assistance.
But thar Syria Civil Defence does not enjoy the glitz and glamour of Oscar-winning documentaries, the constant attention of the international press, or the [more than $60 million]( https://web.archive.org/web/20170103120950/https://www.youtube.com/watch?v=J2mWdvgCOqs) in [funding]( https://21stcenturywire.com/2017/12/02/white-helmets-local-councils-uk-fco-financing-terrorism-syria-taxpayer-funds/) by [foreign governments]( https://web.archive.org/web/20170730064327/http://www.adamsmithinternational.com/explore-our-work/middle-east-north-africa/syria/building-the-capacity-for-governance-in-communities-across-opposition-contr/) that have been bestowed on the [White Helmets]( https://www.theguardian.com/global-development/2016/may/08/gazientep-turkey-tamkeen-quest-to-rebuild-syria).
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But even more disturbing than the unusual founding of the group is the evidence demonstrating that the White Helmets, far from their official claim to political neutrality, are in fact intimately embedded with known and listed terrorist organizations in Syria.
Again, the most damning evidence in this regard is not controversial in the slightest. It comes directly from the White Helmets themselves.
Numerous videos and photos have surfaced showing the White Helmets parading on the dead bodies of Syrian government forces and flying the flags of known terrorist organizations.
An in-depth report on "The Syrian War Blog" in 2017, examined the social media profiles of 65 different White Helmets-connected figures and found numerous posts in support of ISIS, Jabhat al-Nusra, Ahrar al-Sham and other listed terrorist organizations.
Some even [posted pictures]( https://syrianwar1.blogspot.com/2017/11/white-helmets-exposed-as-extremists-65.html?m=1) of themselves with known terrorist leaders or waving the flag of terrorist groups like ISIS, and many proudly displayed images of dead Syrian soldiers.
Most of this evidence is explained away as "bad apples" in the organization acting on their own.
Some of these "bad apples" are then castigated in public displays, like when one White Helmet was fired when footage surfaced showing him [disposing the mutilated corpses]( https://www.newsweek.com/oscar-win-white-helmets-syria-volunteer-dump-bodies-rebels-628407) of Syrian government fighters.
When a graphic video of the White Helmets [overseeing]( https://x.com/BenjaminNorton/status/865033499950145538?t=Ru67QyFS7hgqWRJWLuEb0g&s=19) [the execution]( https://web.archive.org/web/20170627003514/https://twitter.com/Ali_Kourani/status/877287658472472579) of a man in terrorist-occupied Daraa surfaced, the group actually [defended the workers]( https://web.archive.org/web/20170613015828/http://syriacivildefense.org/sites/syriacivildefense.org/files/18%20May%202017%20-%20.pdf) while acknowledging that they "did not fully uphold the strict principle of neutrality and impartiality".
But incredibly, Le Mesurier, the former British intel officer who founded the White Helmets in 2013, defended the workers [caught in one bloody video]( https://web.archive.org/web/20190502060841/https://www.liveleak.com/view?i=fd8_1430900709&comments=1) from May 2015.
The Middle Ground, a Singaporean website, ran a story [featuring Le Mesurierâs take ]( https://web.archive.org/web/20180212075744/http://203.211.130.27/2017/04/18/white-helmets-terrorists-fake-news-syria-assad-nobel-oscars/)on the incident.
In opposition to the deafening mainstream media silence over this incredible mountain of evidence against the White Helmets standed only a handful of independent researchers, universally ignored or marginalized from the mainstream discussion on the issue.
These independent researchers include [Vanessa Beeley]( https://youtu.be/NQL3rX6xWRg), a British researcher who has been one of the few journalists to report extensively on the ground in areas like East Aleppo over the last two years, and Eva Bartlett, a Canadian freelancer who has gained notoriety for using her own on-the-ground reporting from Syria to speak out against the mainstream narrative about the White Helmets.
Given that there were so few voices speaking up against the White Helmets, it should come as no surprise that when "The Guardian" finally deigned to address what they termed the "conspiracy theories" about the organization, they turned their attention on these very researchers.
In "How Syriaâs White Helmets became victims of an online propaganda machine", The Guardian turned to Olivia Solon to dismiss all opposition to the White Helmets as the work of "anti-imperialist activists", "conspiracy theorists" and "trolls with the support of the Russian government".
The choice of Solon to report on this story is especially odd; a "technology reporter" in San Francisco, Solon has no background of any sort in geopolitics or combat zone reporting and, as far as can be determined, has never set foot in Syria.
Instead, she relied exclusively on sources such as the [murky PR lobbying firm]( https://web.archive.org/web/20170110212932/https://www.alternet.org/world/inside-shadowy-pr-firm-thats-driving-western-opinion-towards-regime-change-syria), The Syria Campaign, to praise the White Helmets and [castigate their detractors]( https://www.theguardian.com/world/2017/dec/18/syria-white-helmets-conspiracy-theories).
Bizarrely, the report devotes a great deal of attention to the White Helmetsâ [Mannequin Challenge video]( https://youtu.be/Zgl271A6LgQ), footage of an admittedly fake and staged "rescue" operation released by the group in an attempt to cash in on a viral internet video trend taking place at the time.
The inference of the video is obvious: that the group is perfectly capable of staging incredibly realistic and completely fake "rescue" operations at any time.
These fake videos, stripped of their context, would be uncritically promoted as authentic by mainstream outlets like The Guardian in the exact same way that the completely fictitious video of a "Syrian" boy rescuing his sister under sniper fire was uncritically accepted by the mainstream mediaâĶuntil it was admitted to be a [fake video produced in Malta]( https://www.bbc.com/news/blogs-trending-30057401) by a Norwegian film crew "_to see how the media would respond to such a video_".
The Guardianâs headline when the fake Norwegian film production was released? "[Syrian boy 'saves girl from army sniper]( https://www.theguardian.com/world/video/2014/nov/12/syrian-boy-saves-girl-from-army-sniper-video)' â video."
Strangely, Solonâs report does not mention that incident.
The majority of The Guardian's report focuses on why the innocent and virtuous White Helmets would be so viciously attacked by independent journalists and how all opposition to the group is connected to the Kremlin.
This is supposedly demonstrated in an utterly meaningless "infographic" of colored dots showing precisely nothing of substance.
Unsurprisingly, Solon's contact with the reporters whose work she was set to impugn displayed her biases from the very start.
[Bartlett exposed the conversation]( https://www.globalresearch.ca/how-the-mainstream-media-whitewashed-al-qaeda-and-the-white-helmets-in-syria/5624930) she had with Olivia Solon and the emails received from her, where you can see her real [dishonest intentions]( https://ingaza.wordpress.com/2017/01/28/those-who-transmit-syrian-voices-are-russian-propagandists-monitors-of-fake-news-negate-syrian-suffering/).
Olivia Solon contacted Beeley as well.
Her attempt to put them in a position of having to defend themselves [becomes obvious]( https://youtu.be/NQL3rX6xWRg).
Of course what would you have expected from The Guardian?
[In 2016 it lobbied]( https://www.theguardian.com/commentisfree/2016/oct/05/the-guardian-view-on-the-nobel-peace-prize-give-it-to-syrias-white-helmets), effectively, for the White Helmets to win the Nobel Peace Prize, and when it was inundated with negative comments it simply closed comments.
Researchers like Beeley, Bartlett and Professor Tim Anderson, also mentioned in Solonâs report, are easy enough targets for The Guardian.
Independent journalists taking it upon themselves to counter the Syria narrative, they would never be taken seriously by establishment media circles in the first place.
Curiously omitted from The Guardian article, however, are the award-winning, internationally respected journalists who have similarly expressed skepticism about the White Helmets, their backers, and the PR campaign that surrounds them.
There is [Gareth Porter]( https://web.archive.org/web/20170104164043/https://www.alternet.org/grayzone-project/how-syrian-white-helmets-played-western-media), the award-winning journalist who has contributed to Foreign Policy, Foreign Affairs, The Nation, Al Jazeera, Salon, The Huffington Post, Alternet and countless other outlets, who wrote "How a Syrian White Helmets Leader Played Western Media" in November 2016.
There is [Philip Giraldi]( https://www.unz.com/pgiraldi/the-fraud-of-the-white-helmets/), a former CIA counter-terrorism specialist and military intelligence officer who wrote "The Fraud of the White Helmets" in July of 2017.
There is [Stephen Kinzer]( https://www.theguardian.com/profile/stephenkinzer), former New York Times correspondent who tweeted his [congratulations to "al-Qaeda and Syrian jihadists"]( https://x.com/stephenkinzer/status/836216952913809409?t=1hqvhtGMQn1FYbz7OL7y6Q&s=19) when the film about "their PR outfit, the White Helmets", won the Oscar.
So the issue here is not merely one of PR and propaganda, as appalling as the uncritical reporting about the White Helmets has been.
What is worrying is that the so-called Syrian Civil Defence is, as we have seen, not Syrian at all.
Founded, funded and promoted by foreign governments, foreign contractors and foreign lobbyists and PR agencies, the White Helmets are not a spontaneous Syrian search-and-rescue operation, but a template.
A template that, if successful, can and will be employed anywhere and everywhere that those same foreign powers want to destabilize targeted governments in the future.
-
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@ d360efec:14907b5f
2025-02-24 11:33:16
**āļ āļēāļāļĢāļ§āļĄ BTCUSDT (OKX):**
Bitcoin (BTCUSDT) āļĒāļąāļāļāļāđāļŠāļāļāļāļ§āļēāļĄāļāļąāļāļāļ§āļāđāļĨāļ°āđāļāļ§āđāļāđāļĄāļāļĩāđāđāļĄāđāļāļąāļāđāļāļ āđāļĄāđāļ§āđāļēāđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļĒāļēāļ§ (TF Day) āļāļ°āļĒāļąāļāļāļāļĄāļĩāļĨāļąāļāļĐāļāļ°āđāļāđāļāļāļēāļāļķāđāļ (āđāļāđ*āļāđāļāļāđāļĢāļāļĨāļāļāļĒāđāļēāļāļĄāļēāļ*) āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļāļĨāļēāļ (TF4H) āđāļĨāļ°āļĢāļ°āļĒāļ°āļŠāļąāđāļ (TF15) āđāļāđāļāļāļēāļĨāļ/Sideways Down āļāļēāļĢāļ§āļīāđāļāļĢāļēāļ°āļŦāđāļāļĢāļąāđāļāļāļĩāđāļāļ°āđāļāđāļāđāļāļāļĩāđ SMC, ICT, āđāļĨāļ°āļĢāļđāļāđāļāļ Chart Patterns āđāļāļ·āđāļāđāļāļīāđāļĄāļāļ§āļēāļĄāđāļĄāđāļāļĒāļģāđāļāļāļēāļĢāļĢāļ°āļāļļāđāļāļ§āđāļāđāļĄāđāļĨāļ°āļāļļāļāđāļāđāļē/āļāļāļ
**āļ§āļīāđāļāļĢāļēāļ°āļŦāđāļāļĩāļĨāļ° Timeframe:**
**(1) TF Day (āļĢāļēāļĒāļ§āļąāļ):** 
* **āđāļāļ§āđāļāđāļĄ:** āļāļēāļāļķāđāļ (Uptrend) *āļāđāļāļāđāļĢāļāļĨāļāļāļĒāđāļēāļāļĄāļēāļ, āļĄāļĩāļāļ§āļēāļĄāđāļŠāļĩāđāļĒāļāļāļĩāđāļāļ°āđāļāļĨāļĩāđāļĒāļāđāļāļ§āđāļāđāļĄ*
* **SMC:**
* Higher Highs (HH) āđāļĨāļ° Higher Lows (HL) *āđāļĢāļīāđāļĄāđāļĄāđāļāļąāļāđāļāļ, āļĢāļēāļāļēāļŦāļĨāļļāļ Low āļāđāļāļāļŦāļāđāļē*
* Break of Structure (BOS) āļāđāļēāļāļāļ *āđāļāđāļĄāļĩāļāļēāļĢāļāļĢāļąāļāļāļēāļāļāļĩāđāļĢāļļāļāđāļĢāļ*
* **Liquidity:**
* āļĄāļĩ Sellside Liquidity (SSL) āļāļĒāļđāđāđāļāđ Lows āļāđāļāļāļŦāļāđāļē (āļāļĢāļīāđāļ§āļ 85,000 - 90,000)
* āļĄāļĩ Buyside Liquidity (BSL) āļāļĒāļđāđāđāļŦāļāļ·āļ High āđāļāļīāļĄ
* **ICT:**
* **Order Block:** āļĢāļēāļāļēāļŦāļĨāļļāļ Order Block āļāļēāļāļķāđāļ
* **FVG:** āđāļĄāđāļĄāļĩ FVG āļāļąāļāđāļāļ
* **EMA:**
* āļĢāļēāļāļē *āļŦāļĨāļļāļ* EMA 50 (āļŠāļĩāđāļŦāļĨāļ·āļāļ) āļĨāļāļĄāļēāđāļĨāđāļ§
* EMA 200 (āļŠāļĩāļāļēāļ§) āđāļāđāļāđāļāļ§āļĢāļąāļāļāļąāļāđāļ
* **Money Flow (LuxAlgo):**
* *āļŠāļĩāđāļāļāļĒāļēāļ§* āđāļŠāļāļāļāļķāļāđāļĢāļāļāļēāļĒāļāļĩāđāđāļāđāļāđāļāļĢāđāļ
* **Trend Strength (AlgoAlpha):**
* āļŠāļĩāđāļāļ (āđāļĄāļāđāļāļ) āđāļŠāļāļāļāļķāļāđāļāļ§āđāļāđāļĄāļāļēāļĨāļ *āđāļĨāļ°āđāļĄāđāļĄāļĩāļŠāļąāļāļāļēāļāļāļ·āđāļ/āļāļēāļĒāļāļĢāļēāļāļ*
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:** Volume āļāđāļāļāļāđāļēāļāđāļāļēāļāļēāļ
* **āđāļāđāļāđāļāļĩāļĒāļ:** āđāļāđāļāđāļāļĩāļĒāļāļĨāđāļēāļŠāļļāļāđāļāđāļāļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļĢāļāļāļēāļĒ
* **āđāļāļ§āļĢāļąāļ:** EMA 200, āļāļĢāļīāđāļ§āļ 85,000 - 90,000 (SSL)
* **āđāļāļ§āļāđāļēāļ:** EMA 50, High āđāļāļīāļĄ
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄāļāļēāļāļķāđāļāļāđāļāļāđāļĢāļāļĨāļāļāļĒāđāļēāļāļĄāļēāļ, *āļŠāļąāļāļāļēāļāļāļąāļāļāļĢāļēāļĒāļŦāļĨāļēāļĒāļāļĒāđāļēāļ*, Money Flow āđāļĨāļ° Trend Strength āđāļāđāļāļĨāļ, *āļŦāļĨāļļāļ Order Block āđāļĨāļ° EMA 50*
**(2) TF4H (4 āļāļąāđāļ§āđāļĄāļ):** 
* **āđāļāļ§āđāļāđāļĄ:** āļāļēāļĨāļ (Downtrend)
* **SMC:**
* Lower Highs (LH) āđāļĨāļ° Lower Lows (LL)
* Break of Structure (BOS) āļāđāļēāļāļĨāđāļēāļ
* **Liquidity:**
* āļĄāļĩ SSL āļāļĒāļđāđāđāļāđ Lows āļāđāļāļāļŦāļāđāļē
* āļĄāļĩ BSL āļāļĒāļđāđāđāļŦāļāļ·āļ Highs āļāđāļāļāļŦāļāđāļē
* **ICT:**
* **Order Block:** āļĢāļēāļāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļāļāđāļēāļ Order Block āļāļēāļĨāļāđāļāđ
* **EMA:**
* āļĢāļēāļāļēāļāļĒāļđāđāđāļāđ EMA 50 āđāļĨāļ° EMA 200
* **Money Flow (LuxAlgo):**
* āļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļĢāļāļāļēāļĒ
* **Trend Strength (AlgoAlpha):**
* āđāļāļ/āđāļĄāđāļĄāļĩāļŠāļąāļāļāļēāļ
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:**
* Volume āļāđāļāļāļāđāļēāļāļāļīāđāļ
* **āđāļāļ§āļĢāļąāļ:** āļāļĢāļīāđāļ§āļ Low āļĨāđāļēāļŠāļļāļ
* **āđāļāļ§āļāđāļēāļ:** EMA 50, EMA 200, āļāļĢāļīāđāļ§āļ Order Block
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄāļāļēāļĨāļāļāļąāļāđāļāļ, āđāļĢāļāļāļēāļĒāļĄāļĩāļāļīāļāļāļīāļāļĨ
**(3) TF15 (15 āļāļēāļāļĩ):** 
* **āđāļāļ§āđāļāđāļĄ:** Sideways Down (āđāļāļ§āđāļāļāļąāļ§āļĨāļ)
* **SMC:**
* Lower Highs (LH) āđāļĨāļ° Lower Lows (LL)
* Break of Structure (BOS) āļāđāļēāļāļĨāđāļēāļ
* **ICT:**
* āļĢāļēāļāļē Sideway
* **EMA:**
* EMA 50 āđāļĨāļ° EMA 200 āđāļāđāļāđāļāļ§āļāđāļēāļ
* **Money Flow (LuxAlgo):**
* āđāļāļ/āđāļāļĩāļĒāļ§ āļŠāļĨāļąāļāļāļąāļ
* **Trend Strength (AlgoAlpha):**
* āļŠāļĩāđāļāļ āđāļŠāļāļāļāļķāļāđāļāļ§āđāļāđāļĄāļāļēāļĨāļ
* **Chart Patterns:** *āđāļĄāđāļĄāļĩāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ*
* **Volume Profile:**
* Volume āļāđāļāļāļāđāļēāļāļāļīāđāļ
* **āđāļāļ§āļĢāļąāļ:** āļāļĢāļīāđāļ§āļ Low āļĨāđāļēāļŠāļļāļ
* **āđāļāļ§āļāđāļēāļ:** EMA 50, EMA 200
* **āļŠāļĢāļļāļ:** āđāļāļ§āđāļāđāļĄ Sideways Down,
**āļŠāļĢāļļāļāļ āļēāļāļĢāļ§āļĄāđāļĨāļ°āļāļĨāļĒāļļāļāļāđ (BTCUSDT):**
* **āđāļāļ§āđāļāđāļĄāļŦāļĨāļąāļ (Day):** āļāļēāļāļķāđāļ (*āļāđāļāļāđāļĢāļāļĨāļāļāļĒāđāļēāļāļĄāļēāļ, āđāļŠāļĩāđāļĒāļāļāļĩāđāļāļ°āđāļāļĨāļĩāđāļĒāļāđāļāļ§āđāļāđāļĄ*)
* **āđāļāļ§āđāļāđāļĄāļĢāļāļ (4H):** āļāļēāļĨāļ
* **āđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļŠāļąāđāļ (15m):** āļāļēāļĨāļ/Sideways Down
* **Liquidity:** āļĄāļĩ SSL āļāļąāđāļāđāļ Day, 4H, āđāļĨāļ° 15m
* **Money Flow:** āđāļāđāļāļĨāļāđāļāļāļļāļ Timeframes
* **Trend Strength:** Day/15m āđāļāđāļāļāļēāļĨāļ, 4H Sideways
* **Chart Patterns:** āđāļĄāđāļāļāļĢāļđāļāđāļāļāļāļĩāđāļāļąāļāđāļāļ
* **āļāļĨāļĒāļļāļāļāđ:**
1. **Wait & See (āļāļĩāļāļĩāđāļŠāļļāļ):** āļĢāļāļāļ§āļēāļĄāļāļąāļāđāļāļ
2. **Short (āđāļŠāļĩāđāļĒāļ):** āļāđāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļ Breakout EMA/āđāļāļ§āļāđāļēāļāđāļ TF āđāļāđ āđāļāđ āļŦāļĢāļ·āļāđāļĄāļ·āđāļāđāļāļīāļāļŠāļąāļāļāļēāļ Bearish Continuation
3. **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Buy:** āļāļāļāļ§āđāļēāļāļ°āļĄāļĩāļŠāļąāļāļāļēāļāļāļĨāļąāļāļāļąāļ§āļāļĩāđāļāļąāļāđāļāļāļĄāļēāļāđ
**Day Trade & āļāļēāļĢāđāļāļĢāļāļĢāļēāļĒāļ§āļąāļ:**
* **Day Trade (TF15):**
* **Short Bias:** āļŦāļēāļāļąāļāļŦāļ§āļ° Short āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļāđāļāļāļķāđāļāđāļāļāļāļŠāļāļāđāļāļ§āļāđāļēāļ (EMA, Order Block)
* **Stop Loss:** āđāļŦāļāļ·āļāđāļāļ§āļāđāļēāļāļāļĩāđāđāļāđāļē Short
* **Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ (Low āļĨāđāļēāļŠāļļāļ)
* **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Long**
* **Swing Trade (TF4H):**
* **Short Bias:** āļĢāļāļāļąāļāļŦāļ§āļ° Short āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļĄāđāļŠāļēāļĄāļēāļĢāļāļāđāļēāļāđāļāļ§āļāđāļēāļ EMA āļŦāļĢāļ·āļ Order Block āđāļāđ
* **Stop Loss:** āđāļŦāļāļ·āļāđāļāļ§āļāđāļēāļāļāļĩāđāđāļāđāļē Short
* **Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ
* **āđāļĄāđāđāļāļ°āļāļģāđāļŦāđ Long**
**āļŠāļīāđāļāļāļĩāđāļāđāļāļāļĢāļ°āļ§āļąāļ:**
* **Sellside Liquidity (SSL):** āļĄāļĩāđāļāļāļēāļŠāļŠāļđāļāļāļĩāđāļĢāļēāļāļēāļāļ°āļāļđāļāļĨāļēāļāļĨāļāđāļāđāļāļ° SSL
* **False Breakouts:** āļĢāļ°āļ§āļąāļ
* **Volatility:** āļŠāļđāļ
**Setup Day Trade āđāļāļ SMC (āļāļąāļ§āļāļĒāđāļēāļ):**
1. **āļĢāļ°āļāļļ Order Block:** āļŦāļē Order Block āļāļēāļĨāļ (Bearish Order Block) āđāļ TF15
2. **āļĢāļ Pullback:** āļĢāļāđāļŦāđāļĢāļēāļāļē Pullback āļāļķāđāļāđāļāļāļāļŠāļāļ Order Block āļāļąāđāļ
3. **āļŦāļē Bearish Entry:**
* **Rejection:** āļĢāļ Price Action āļāļāļīāđāļŠāļ Order Block
* **Break of Structure:** āļĢāļāđāļŦāđāļĢāļēāļāļē Break āđāļāļĢāļāļŠāļĢāđāļēāļāļĒāđāļāļĒāđ
* **Money Flow:** āļāļđ Money Flow āđāļŦāđāđāļāđāļāļŠāļĩāđāļāļ
4. **āļāļąāđāļ Stop Loss:** āđāļŦāļāļ·āļ Order Block
5. **āļāļąāđāļ Take Profit:** āđāļāļ§āļĢāļąāļāļāļąāļāđāļ
**āļāļģāđāļāļ°āļāļģ:**
* **āļāļ§āļēāļĄāļāļąāļāđāļĒāđāļāļāļāļ Timeframes:** āļĄāļĩāļāļĒāļđāđ āđāļāđāđāļāļ§āđāļāđāļĄāļĢāļ°āļĒāļ°āļāļĨāļēāļ-āļŠāļąāđāļ āđāļāđāļāļĨāļ
* **Money Flow:** āđāļāđāļāļĨāļāđāļāļāļļāļ Timeframes
* **Trend Strength:** āđāļāđāļāļĨāļ
* **Order Block TF Day:** āļŦāļĨāļļāļ Order Block āļāļēāļāļķāđāļāđāļĨāđāļ§
* **āļāđāļēāđāļĄāđāđāļāđāđāļ āļāļĒāđāļēāđāļāļīāđāļāđāļāđāļēāđāļāļĢāļ**
**Disclaimer:** āļāļēāļĢāļ§āļīāđāļāļĢāļēāļ°āļŦāđāļāļĩāđāđāļāđāļāđāļāļĩāļĒāļāļāļ§āļēāļĄāļāļīāļāđāļŦāđāļāļŠāđāļ§āļāļāļąāļ§ āđāļĄāđāļāļ·āļāđāļāđāļāļāļģāđāļāļ°āļāļģāđāļāļāļēāļĢāļĨāļāļāļļāļ āļāļđāđāļĨāļāļāļļāļāļāļ§āļĢāļĻāļķāļāļĐāļēāļāđāļāļĄāļđāļĨāđāļāļīāđāļĄāđāļāļīāļĄāđāļĨāļ°āļāļąāļāļŠāļīāļāđāļāļāđāļ§āļĒāļāļ§āļēāļĄāļĢāļāļāļāļāļ
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@ 86a82cab:b5ef38a0
2025-02-24 10:58:53
Not everyone wants a super app though, and thatâs okay. As with most things in the Nostr ecosystem, flexibility is key. Notedeck gives users the freedom to choose how they engage with itâwhether itâs simply following hashtags or managing straightforward feeds. You'll be able to tailor Notedeck to fit your needs, using it as extensively or minimally as you prefer.
\
\
Not everyone wants a super app though, and thatâs okay. As with most things in the Nostr ecosystem, flexibility is key. Notedeck gives users the freedom to choose how they engage with itâwhether itâs simply following hashtags or managing straightforward feeds. You'll be able to tailor Notedeck to fit your needs, using it as extensively or minimally as you prefer.</span>
[IMage](https://nostrtips.com/wp-content/uploads/2023/03/nostr-structure-1-1024x576.jpg)
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@ d360efec:14907b5f
2025-02-24 10:49:26
$OKX:BTCUSDT.P
**Overall Assessment:**
Bitcoin (BTCUSDT) on OKX continues to exhibit high volatility and an uncertain trend. While the long-term trend (Daily chart) is technically still an uptrend, it has *weakened considerably*. The 4-hour and 15-minute charts are in downtrends, creating conflicting signals. This analysis focuses on identifying potential areas of Smart Money activity (liquidity pools and order blocks), assessing trend strength, and identifying any relevant chart patterns.
**Detailed Analysis by Timeframe:**
**(1) TF Day (Daily):**
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* **Trend:** Uptrend (*Significantly Weakening, High Risk of Reversal*).
* **SMC (Smart Money Concepts):**
* The Higher Highs (HH) and Higher Lows (HL) structure is *becoming less defined*. The recent price action has broken a previous low.
* Prior Breaks of Structure (BOS) to the upside, but the current pullback is very deep.
* **Liquidity:**
* **Sellside Liquidity (SSL):** Significant SSL rests below previous lows in the 85,000 - 90,000 range. This is a likely target for Smart Money.
* **Buyside Liquidity (BSL):** BSL is present above the all-time high.
* **ICT (Inner Circle Trader Concepts):**
* **Order Block:** The price has *broken below* the prior bullish Order Block (the large green candle before a significant up-move). This is a *major bearish signal*.
* **FVG:** No clear, significant Fair Value Gap is apparent at the current price level on the Daily chart.
* **EMA (Exponential Moving Average):**
* Price has *broken below* the 50-period EMA (yellow), a bearish signal.
* The 200-period EMA (white) is the next major support level.
* **Money Flow (LuxAlgo):**
* A *long red bar* indicates strong and sustained selling pressure.
* **Trend Strength (AlgoAlpha):**
* Red cloud indicates a downtrend. No buy/sell signals are present.
* **Chart Patterns:** No readily identifiable, classic chart patterns are apparent on the Daily chart.
* **Volume Profile:** Relatively low volume on the decline.
* **Candlesticks:** The most recent candlestick is red, confirming selling pressure.
* **Support:** EMA 200, 85,000-90,000 (SSL area).
* **Resistance:** EMA 50, Previous All-Time High.
* **Summary:** The Daily chart's uptrend is significantly weakening. The break below the 50 EMA *and* the bullish Order Block, combined with the negative Money Flow and bearish Trend Strength, are all major red flags. The SSL below is a key area to watch.
**(2) TF4H (4-Hour):**
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* **Trend:** Downtrend.
* **SMC:**
* Lower Highs (LH) and Lower Lows (LL).
* BOS to the downside.
* **Liquidity:**
* **SSL:** Below previous lows.
* **BSL:** Above previous highs.
* **ICT:**
* **Order Block:** The price failed to break above a bearish Order Block.
* **EMA:**
* Price is below both the 50-period and 200-period EMAs (bearish).
* **Money Flow (LuxAlgo):**
* Predominantly red, confirming selling pressure.
* **Trend Strength (AlgoAlpha):**
* Red, indicating no particular trend or a sideways movement. No buy/sell signals.
* **Chart Patterns:** No readily identifiable, classic chart patterns are apparent.
* **Volume Profile:** Relatively consistent volume.
* **Support:** Recent lows.
* **Resistance:** EMA 50, EMA 200, Order Block.
* **Summary:** The 4-hour chart is in a confirmed downtrend. The Money Flow is bearish, price below both EMAs.
**(3) TF15 (15-Minute):**

* **Trend:** Downtrend / Sideways Down
* **SMC:**
* Lower Highs (LH) and Lower Lows (LL).
* BOS to the downside.
* **ICT:**
* **Order Block** Price could not break up the bearish Order Block.
* **EMA:**
* The 50-period and 200-period EMAs are acting as resistance.
* **Money Flow (LuxAlgo):**
* Red and Green
* **Trend Strength (AlgoAlpha):**
* Red cloud (Bearish)
* **Chart Patterns:** No readily identifiable, classic chart patterns are apparent.
* **Volume Profile**
* Relatively high volume.
* **Support:** Recent lows.
* **Resistance:** EMA 50, EMA 200, Order Block.
* **Summary:** The 15-minute chart is in a downtrend, with price action, EMAs, and Money Flow all confirming.
**Overall Strategy and Recommendations (BTCUSDT):**
* **Primary Trend (Day):** Uptrend (Significantly Weakening).
* **Secondary Trend (4H):** Downtrend.
* **Short-Term Trend (15m):** Downtrend/ Sideways Down.
* **Liquidity:** Significant SSL zones exist below the current price on all timeframes.
* **Money Flow:** Negative on all timeframes.
* **Trend Strength:** Bearish on 15m and Day, Sideway on 4H.
* **Chart Patterns:** None identified.
* **Strategies:**
1. **Wait & See (Best Option):** The conflicting signals and the strong bearish momentum on the shorter timeframes, combined with the weakening Daily chart, make waiting the most prudent approach. Look for:
* **Bearish Confirmation:** A decisive break below the recent lows on the 15m and 4H charts, with increasing volume and continued negative Money Flow. This would confirm the continuation of the downtrend.
* **Bullish Confirmation:** A strong, sustained break above the 15/4H EMAs and Order Block, a shift in the 15m/4H Money Flow to green.
2. **Short (High Risk):** This aligns with the 4H and 15m downtrends.
* **Entry:** On rallies towards resistance levels (EMAs on 15m/4H, previous support levels that have turned into resistance, Order Blocks).
* **Stop Loss:** Above recent highs on the chosen timeframe, or above a key resistance level.
* **Target:** The next support levels (recent lows on 15m, then potentially the SSL zones on the 4H and Daily charts).
3. **Buy (Extremely High Risk - Not Recommended):** Do *not* attempt to buy until there are *very strong and consistent* bullish reversal signals across *all* timeframes, including a definitive shift in market structure on the 4H and 15m charts, positive Money Flow, and a clear break above resistance levels.
**Key Recommendations:**
* **Conflicting Timeframes:** The primary conflict is now resolved toward the downside. The Daily is weakening significantly.
* **Money Flow:** Consistently negative across all timeframes, a major bearish factor.
* **Trend Strength:** Bearish on 15m and Day, Sideways on 4h.
* **Daily Order Block:** The *break* of the bullish Order Block on the Daily chart is a significant bearish development.
* **Sellside Liquidity (SSL):** Be aware that Smart Money may target the SSL zones below. This increases the risk of stop-loss hunting.
* **Risk Management:** Due to the high uncertainty and volatility, *strict risk management is absolutely critical.* Use tight stop-losses, do not overtrade, and be prepared for rapid price swings.
* **Volume:** Confirm any breakout or breakdown with volume.
**Day Trading and Intraday Trading Strategies:**
* **Day Trade (TF15 focus):**
* **Short Bias:** Given the current 15m downtrend and negative Money Flow, the higher probability is to look for shorting opportunities.
* **Entry:** Look for price to rally to resistance levels (EMAs, Order Blocks, previous support levels that have become resistance) and then show signs of rejection (bearish candlestick patterns, increasing volume on the downside).
* **Stop Loss:** Place a stop-loss order above the resistance level where you enter the short position.
* **Take Profit:** Target the next support level (recent lows).
* **Avoid Long positions** until there's a *clear* and *confirmed* bullish reversal on the 15m chart (break above EMAs, positive Money Flow, bullish market structure).
* **Swing Trade (TF4H focus):**
* **Short Bias:** The 4H chart is in a downtrend.
* **Entry:** Wait for price to rally to resistance levels (EMAs, Order Blocks) and show signs of rejection.
* **Stop Loss:** Above the resistance level where you enter the short position.
* **Take Profit:** Target the next support levels (e.g., the 200 EMA on the Daily chart, SSL zones).
* **Avoid Long positions** until there's a *clear* and *confirmed* bullish reversal on the 4H chart.
**SMC Day Trade Setup Example (TF15 - Bearish):**
1. **Identify Bearish Order Block:** Locate a bearish Order Block on the TF15 chart (a bullish candle before a strong downward move).
2. **Wait for Pullback:** Wait for the price to pull back up to test the Order Block (this may or may not happen).
3. **Bearish Entry:**
* **Rejection:** Look for price action to reject the Order Block (e.g., a pin bar, engulfing pattern, or other bearish candlestick pattern).
* **Break of Structure:** Look for a break of a minor support level on a *lower* timeframe (e.g., 1-minute or 5-minute) after the price tests the Order Block. This confirms weakening bullish momentum.
* **Money Flow:** Confirm that Money Flow remains negative (red).
4. **Stop Loss:** Place a stop-loss order *above* the Order Block.
5. **Take Profit:** Target the next support level (e.g., recent lows) or a bullish Order Block on a higher timeframe.
**In conclusion, BTCUSDT is currently in a high-risk, bearish environment in the short-to-medium term. The "Wait & See" approach is strongly recommended for most traders. Shorting is the higher-probability trade *at this moment*, but only for experienced traders who can manage risk extremely effectively. Buying is not recommended at this time.**
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.
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@ a876a108:419b647e
2025-02-24 09:40:44
Getting verified on Kraken requires completing the KYC process, which involves submitting personal information, including a government-issued ID, proof of residence, and in some cases, financial details. The verification process has different levels, including Starter, Express, Intermediate, and Pro, each offering varying limits and access to features. Many users wonder, can I use Kraken without KYC? The answer is that while basic accounts may allow limited access to the platform, KYC is required for fiat deposits, withdrawals, and full trading capabilities. Some users also ask, why is it so hard to withdraw from Kraken? The platform enforces strict compliance measures, and withdrawals may be delayed due to verification, security checks, or bank processing times. Ensuring that your account is fully verified and your banking details are correct can help avoid issues. Despite these security measures, a Kraken account is free to create, though trading fees apply depending on the transaction type and volume. Understanding these requirements can help ensure a smooth experience while using the exchange.
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@ 044da344:073a8a0e
2025-02-24 08:50:56
#
WorÞber schreibt man am Tag nach einer Bundestagswahl? Ãber morgen und Þbermorgen, worÞber sonst. In der Medienwelt heiÃt die Zukunft KI. Was passiert mit den Redakteuren, mit den Inhalten, mit dem Publikum? LÃĪngst vergeht kein Tag mehr ohne entsprechende Umfragen und Wasserstandsmeldungen. Es genÞgt eigentlich schon, die Stellenanzeigen zu sichten. Am meisten verdient, wer vorgibt, den besten Prompt zu schreiben. Sag der Maschine, was sie machen soll. Wenn du das Optimum herauskitzelst, sparen wir drei Kollegen.
Eigentlich ist das nicht mein Thema, auch beim Schreiben nicht. Ich habe das natÞrlich ausprobiert und ChatGPT gebeten, diesen Text zu Þbernehmen. Etwas zu âKI und Medienâ im Stil von Michael Meyen. Versuch eins war so lala. Viele Kommas. Begriffe und Konstruktionen, die ich nie verwenden wÞrde. Eine âder grÃķÃten Herausforderungen der Geschichteâ. GÃĪhn. Auch eine freundliche Nachfrage hat nicht geholfen, obwohl mir der Bildschirm versprach, jetzt âkritisch und analytischâ zu werden und meinen âklaren, prÃĪgnanten Schreibstilâ zu berÞcksichtigen. Nicht ein einziger Satz, den ich so formulieren wÞrde, vom Inhalt ganz zu schweigen. Das Þbliche Blabla, schon in der Ãberschrift: âDie Zukunft der Medienwelt: KÞnstliche Intelligenz als SchlÞsselakteurâ.
Vielleicht hÃĪtte ich ein Bezahl-Modell nutzen sollen. Vielleicht wÃĪre aber auch die Billigvariante besser gewesen, wenn Laura Lewandowski schon unser Interview verÃķffentlicht hÃĪtte. Laura hat ein paar Jahre bei der dpa gearbeitet, dann den Kanal [Meet Your Mentor](https://www.youtube.com/@meetyourmentor) zu einer Nummer gemacht und nun eine neue Idee. Sendungen rund um das Thema KI. Mich hat sie eingeladen, weil sie spannend fand, was ich zu Medien und Journalismus zu sagen habe. Um KI ging es dabei bisher so gut wie nie. Wie sagt ChatGPT so schÃķn: eine der grÃķÃten Herausforderungen in der Geschichte.
Laura hat es mir leicht gemacht. Sie kennt das YouTube-Publikum. 50 Tabs offen, mit einem Auge schon woanders, immer auf der Suche nach dem nÃĪchsten Kick. Dieses Publikum braucht Struktur. Ich sollte ihr deshalb vorher drei Thesen schicken. Futter fÞr die Haie und fÞr uns zugleich etwas, woran wir uns entlang hangeln konnten.
## These 1: KI ist ein Angriff auf die Zukunft der Menschheit.
GrÃķÃer geht es nicht, ich weiÃ. Was ist der Mensch? Was unterscheidet uns von anderen Tieren? In so einer Kolumne kann ich das nicht auflÃķsen, schon gar nicht am Tag vor der Bundestagswahl. Deshalb nur zwei Punkte. Wir kÃķnnen Instinkte, PrÃĪgungen, Vorurteile hinter uns lassen. Der Hund muss fressen, wenn er Hunger hat. Wir nicht. Vielleicht noch wichtiger ist Transzendenz. Wir kÃķnnen uns etwas vorstellen, was es noch nicht gibt, und das Wirklichkeit werden lassen, wahrscheinlich meist nicht allein, aber mit ein paar Leuten, die an uns und unsere Idee glauben. Die Sprache verschleiert das, wenn sie *er-finden* sagt oder *ent-decken* â ganz so, als ob schon alles da ist und nur auf uns wartet. Ich zitiere hier freihÃĪndig Axel Klopprogge und verweise auf unser [GesprÃĪch](https://www.youtube.com/watch?v=LUiUAhb2OXY\&t=).
Selbst eine perfekte KI (also eine, die weiÃ, welches Wort ich nie schreiben wÞrde und was ich bisher Þber sie gesagt habe) schaut immer nur zurÞck, verlÃĪngert deshalb die Vergangenheit und zerstÃķrt so die Zukunft. Anders formuliert: Der KI fehlt sowohl die Transzendenz als auch die Option, heute alles ganz anders zu machen als bis gestern. Wenn dieser Satz nicht mehr stimmt, kÃķnnen wir das âKâ streichen und haben tatsÃĪchlich ein Problem. Der Begriff KI ist eine Mogelpackung, die uns etwas verspricht, was nicht zu haben ist (ein Mensch ohne seine SchwÃĪchen, ohne seine Natur, ohne die Launen der Tagesform), und uns so das nehmen kÃķnnte, was uns als Menschen ausmacht. Das ist so ÃĪhnlich wie beim Begriff [Faktencheck](https://www.youtube.com/watch?v=TiMtwqp_lKk). DIE Wahrheit, und das auch noch von Profis geprÞft. An den Begriffen werdet ihr sie erkennen.
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## These 2: Gerade die Kreativen und die Medienleute, die KI jetzt feiern, sollten sich eher fÞrchten.
Ich habe gerade Mathias DÃķpfner gehÃķrt, im [Podcast](https://omr.com/de/daily/mathias-doepfner-axel-springer) von OMR. Ein Loblied auf KI. Endlich, endlich kÃķnne sich der Journalist auf seinen Job konzentrieren. Recherche, exklusive Nachrichten. Zusammenschreiben, was da ist: Das mache die Maschine jetzt schon besser. Mag sein.
Ich halte es wieder mit Axel Klopprogge, diesmal mit seinem Buch âLiebeserklÃĪrung an die Arbeitâ, herausgegeben vom Goinger Kreis. Dort heiÃt es: Jede definierte Arbeit kann ersetzt werden. Alles, was von der Wiederholung lebt. In der Bewusstseinsindustrie sind das acht von zehn Jobs. MÃķglichkeit eins: Harari bekommt Recht. Lauter Nutzlose und ÃberflÞssige, abzulenken mit Drogen und Computerspielen. MÃķglichkeit zwei: Die acht wollen das nicht, klammern sich an ihre Jobs und ziehen dafÞr die beiden auf ihr Niveau herunter, die bisher das verkÃķrpern, was DÃķpfner als den Kern des Journalismus feiert. Ãberraschend bleiben. Nicht ausrechenbar sein.
Ich muss das nicht ausbuchstabieren und auch nicht sagen, was ich fÞr wahrscheinlicher halte. Kein Text von Michael Meyen mehr. Stattdessen Þberall Vorgestanztes. Die KI schreibt dabei nur weiter, was wir seit Jahr und Tag erleben. Es ist ohnehin fast alles verschwunden, was sich nicht in [Zahlen](https://medienblog.hypotheses.org/521) ausdrÞcken lÃĪsst. BauchgefÞhl, Urteilskraft. 10.000 Schritte musst du gehen, auch wenn der KÃķrper sagt: Ich will das heute nicht. KI wird das verstÃĪrken. Eins oder null. Und wehe, dir gefÃĪllt das Ergebnis nicht. Schon heute schreiben selbst schlaue Menschen BÞcher, die KI als Letztbeweis nutzen. Schaut her, liebe Leute: Die KI sagt das auch. Ich muss also Recht haben. Na da.
## These 3: KI ist ein Machtinstrument und kÃķnnte so ein neuer Filter fÞr die Meinungs- und Willensbildung werden.
Wer schreibt, der bleibt, hieà es frÞher beim Kartenspiel. Ãbersetzt: Es gewinnt der, der die Maschinen fÞttert oder ihnen sagt, wo sie zu essen haben und wo besser nicht. Ich habe den [Ãberwachungskapitalismus](https://www.freie-medienakademie.de/medien-plus/31) gewÞrdigt, den [Digital Services Act](https://www.freie-medienakademie.de/medien-plus/brussel-greift-nach-dem-netz) und auch ganz grundsÃĪtzlich alles, was es zu [Propaganda und Zensur](https://www.freie-medienakademie.de/medien-plus/139) zu sagen gibt.
Um das nicht wiederholen zu mÞssen, erzÃĪhle ich eine Anekdote â eingesammelt bei einem Spaziergang mit jemandem, der in einem der Medienkonzerne ganz weit oben ist. Dieser Manager erzÃĪhlte mir, dass sein Haus ein paar Jahre herumgebastelt habe an einem Programm, das die dpa ersetzt. Inzwischen sei man so weit. Kein Unterschied mehr zwischen dem, was Þber den Ticker kommt, und dem, was das Tool aus dem Netz zusammenbaut. Und? Hat man die dpa abbestellt, einen nicht ganz billigen Dienst? Das nun doch nicht. Es fiel das Wort OpportunitÃĪtskosten. Die Nachrichtenagentur gehÃķrt den Medienkonzernen. Wenn einer aussteigt, wird es fÞr alle anderen teurer.
Fast hÃĪtte ich geschrieben: Es wÃĪre auch schwerer geworden fÞr Regierung, BehÃķrden, Parteien und Þberhaupt alle, die die Medienwirklichkeit formen wollen, weil damit Herrschaft steht und fÃĪllt. Ein Anruf oder ein Mensch bei der dpa â und der Journalismus ruft im Chor zurÞck. KI macht sowohl den Anruf obsolet als auch den BrÞckenkopf im dpa-Raumschiff. In den USA hat dieses Beben lÃĪngst begonnen, Stichwort USAID. Meine Wahlempfehlung ergab sich daraus fast von selbst: Bleiben wir offline, wo immer es geht. 
[Freie Akademie fÞr Medien & Journalismus](https://www.freie-medienakademie.de/)
[UnterstÞtzen](https://www.freie-medienakademie.de/unterstuetzen)
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@ 04ea4f83:210e1713
2025-02-24 06:42:36
Erschienen im [The Bitstein Brief](https://bitstein.substack.com/p/mises-the-original-toxic-maximalist?ref=europeanbitcoiners.com) | VerÃķffenlichung 10.12.2022 |\
Author:Â [Bitstein (Michael Goldstein)](https://twitter.com/bitstein?ref=europeanbitcoiners.com)\
Ãbersetzt von:Â [Sinautoshi am 11.12.2022 - 766906](https://twitter.com/Sinautoshi_8_21?ref=europeanbitcoiners.com)
*âDie gesellschaftliche Funktion der Wirtschaftswissenschaft besteht gerade darin, solide Wirtschaftstheorien zu entwickeln und die IrrtÞmer bÃķsartiger Denkweisen zu entlarven. Bei der Verfolgung dieser Aufgabe zieht der Wirtschaftswissenschaftler die tÃķdliche Feindschaft aller Schwindler und Scharlatane auf sich, deren AbkÞrzungen zum irdischen Paradies er entlarvt. Je weniger diese Quacksalber in der Lage sind, plausible EinwÃĪnde gegen die Argumente eines Ãkonomen vorzubringen, desto wÞtender beschimpfen sie ihn.â*
\- Ludwig von Mises, âNationalÃķkonomie, Theorie des Handelns und Wirtschaftensâ
***
Das âtoxischste" an einem Bitcoin-Maximalisten ist seine unerschÞtterliche Bereitschaft, â*Neinâ *zu sagen. Nach dem Studium der Geldtheorie und -geschichte und der Erfahrung mit den unerbittlichen KrÃĪften des Marktes, hat der Bitcoiner ein VerstÃĪndnis fÞr die RealitÃĪt des monetÃĪren Wettbewerbs, ein Bewusstsein fÞr die kritische Natur dezentraler Systeme, einen Fokus auf die LÃķsung der wichtigsten monetÃĪren Probleme und eine strikte Ablehnung der unvermeidlichen Ablenkungen, OpportunitÃĪtskosten und ethischen Bedenken bei der EinfÞhrung und FÃķrderung von Altcoin-Projekten.
Einige Kritiker bemÃĪngeln unhÃķfliche rhetorische SchnÃķrkel, die als Hindernis fÞr die Gewinnung neuer Bitcoin-Nutzer angesehen werden. Wenn das wahr wÃĪre, gÃĪbe es in der Arbeitsteilung eine Chance fÞr eine qualitativ hochwertigere Bitcoin-Ausbildung, die die Bitcoiner meiner Meinung nach gerne wahrnehmen wÞrden, vor allem die Kritiker, die die bestehenden UnzulÃĪnglichkeiten besser erkennen. Doch egal, wie hÃķflich die Bitcoiner ihre Ansichten darlegen, bestimmte MÃķchtegern-Unternehmer und Influencer werden immer im Streit mit einer leidenschaftlichen BevÃķlkerungsgruppe stehen, die einfach nicht interessiert ist - und ihr Desinteresse lautstark kundtut. Die âtoxischsten" Bitcoiner sind oft diejenigen, die die Weisheit der Bitcoiner erst erkannt haben, nachdem sie von Shitcoins verbrannt wurden und ihr neu gefundenes Desinteresse unmissverstÃĪndlich zum Ausdruck bringen wollen.
Was soll man also als Bitcoiner tun? Ich empfehle, sich der Wahrheit und der FÃķrderung der Wahrheit zu verschreiben und die Wirksamkeit von Rhetorik an ihrem langfristigen Einfluss und nicht an ihrer kurzfristigen PopularitÃĪt zu messen.
In dieser Hinsicht sollten sich die Bitcoiner von dem ursprÞnglichen toxischen Maximalisten inspirieren lassen: Ludwig von Mises. Der bedeutende Wirtschaftswissenschaftler setzte sich unbeirrt fÞr die Wahrheit, freie MÃĪrkte und gesundes Geld ein und scheute sich nicht, das zu sagen, was gesagt werden musste, auch wenn er sich damit keine Freunde machte. Langfristig wurde er zu einem der einflussreichsten Ãkonomen und Denker des 20. Jahrhunderts, und seine Arbeit hat den Weg fÞr den Bitcoin geebnet.
### Mises, der Geldmaximalist
Einer der Hauptkritikpunkte an den Bitcoin-Maximalisten ist die Behauptung, dass die Welt auf Bitcoin (als Geld) konvergieren wird und es generell keine Verwendung fÞr andere WÃĪhrungen gibt. Dies wird als normative Aussage betrachtet. In Wirklichkeit machen die Bitcoiner eine positive, beschreibende Aussage darÞber, wie der monetÃĪre Wettbewerb funktioniert.
In der 1912 verÃķffentlichten *[Theorie des Geldes und der Umlaufmittel](https://mises.org/library/theory-money-and-credit?ref=europeanbitcoiners.com)*[ ](https://mises.org/library/theory-money-and-credit?ref=europeanbitcoiners.com)schrieb Mises:
***
*âSo haben die Erfordernisse des Marktes allmÃĪhlich dazu gefÞhrt, dass bestimmte Waren als gemeinsame Tauschmittel ausgewÃĪhlt wurden. Die Gruppe der Waren, aus der diese ausgewÃĪhlt wurden, war ursprÞnglich sehr groà und unterschied sich von Land zu Land; sie wurde aber immer mehr eingeschrÃĪnkt. Wann immer ein direkter Tausch nicht in Frage kam, war jede der an einem GeschÃĪft beteiligten Parteien bestrebt, ihre ÞberflÞssigen Waren nicht nur gegen marktgÃĪngigere Waren im Allgemeinen, sondern gegen die marktgÃĪngigsten Waren einzutauschen, und von diesen wiederum bevorzugte sie natÞrlich die marktgÃĪngigste Ware. Je grÃķÃer die MarktfÃĪhigkeit der zuerst im indirekten Tausch erworbenen Waren ist, desto grÃķÃer ist die Aussicht, das endgÞltige Ziel ohne weitere ManÃķver erreichen zu kÃķnnen. So gÃĪbe es die unvermeidliche Tendenz, dass die weniger marktfÃĪhigen GÞter aus der Reihe der als Tauschmittel verwendeten Waren nach und nach verworfen wÞrden, bis schlieÃlich nur noch ein einziges Gut Þbrig bliebe, das allgemein als Tauschmittel verwendet wÞrde: das Geld.â*
***
Mises zufolge wÃĪhlen die Akteure zunehmend das marktgÃĪngigste Gut als Tauschmittel aus und der natÞrliche Verlauf des Marktes geht in Richtung Vereinheitlichung zu einem einzigen Geldgut. Das ist schlicht und einfach monetÃĪrer Maximalismus.
Mises unterscheidet sich von den Bitcoinern lediglich durch die StÃĪrke der Behauptungen, die er Þber die tatsÃĪchlichen empirischen Entscheidungen der Wirtschaftsakteure zu treffen bereit ist. Mises weist darauf hin, dass sowohl Gold als auch Silber an vielen Orten zu Geld gemacht wurden, wahrscheinlich wegen ihrer ÃĪhnlichen Eigenschaften, und dass es den Rahmen der Geldtheorie sprengt, zu sagen, ob Gold oder Silber letztlich besser verkÃĪuflich ist. Trotzdem sagt er:
***
*âDenn es ist ziemlich sicher, dass die Vereinheitlichung auch dann ein wÞnschenswertes geldpolitisches Ziel gewesen wÃĪre, wenn die ungleiche MarktfÃĪhigkeit der als Tauschmittel verwendeten GÞter kein Motiv geboten hÃĪtte. Die gleichzeitige Verwendung mehrerer Geldarten bringt so viele Nachteile mit sich und verkompliziert die Technik des Tauschens so sehr, dass das Bestreben, das Geldsystem zu vereinheitlichen, in jedem Fall unternommen worden wÃĪre.â*
***
Die natÞrliche Tendenz zu einem einzigen Geldgut ist so stark, dass seiner Meinung nach die Vereinheitlichung der Geldsysteme auch dann angestrebt wÞrde, wenn zwei GÞter genau gleich marktfÃĪhig wÃĪren. Zuvor stellt er auÃerdem fest:
***
*âDas endgÞltige Urteil kÃķnnte erst gefÃĪllt werden, wenn alle Hauptteile der bewohnten Erde ein einziges Handelsgebiet bilden, denn erst dann wÃĪre es unmÃķglich, dass andere Nationen mit unterschiedlichen Geldsystemen sich anschlieÃen und die internationale Organisation verÃĪndern.â*
***
Jede neue Handelsbeziehung erÃķffnet die MÃķglichkeit, ein brandneues Geldgut einzufÞhren, das bisher nicht verwendet wurde. Wenn seine QualitÃĪten ein hÃķheres Maà an MarktfÃĪhigkeit aufrechterhalten kÃķnnten, ist es mÃķglich, dass sich die gesamte internationale WÃĪhrungsordnung aufgrund seiner natÞrlichen Ãberlegenheit bei der BewÃĪltigung der Funktionen des Geldes um ihn herum neu organisieren kÃķnnte.
Im [Bitcoin Standard ](https://aprycot.media/shop/der-bitcoin-standard/?ref=europeanbitcoiners.com)liefert Saifedean Ammous zahlreiche Argumente dafÞr, warum Gold dem Silber als Geldwert Þberlegen war, obwohl Mises nicht bereit oder nicht daran interessiert war, diesen Punkt zu diskutieren, und warum Bitcoin ein noch besserer Geldwert ist. Mises hat die EinfÞhrung von Bitcoin in die Weltwirtschaft zwar nicht mehr erlebt, aber seine Wirtschaftstheorie erklÃĪrt genau, warum Bitcoin an Wert gewinnen wÞrde und warum es plausibel ist, dass die gesamte internationale WÃĪhrungsordnung auf einen Bitcoin-Standard umgestellt wird. Er gibt auch den theoretischen Rahmen, um zu verstehen, warum Altcoins Bitcoin nicht allein durch ihre Eigenschaften ausstechen kÃķnnen. Sie mÞssen eine bessere MarktfÃĪhigkeit in Bezug auf Raum, Zeit und GrÃķÃe bieten, um einen ausreichenden Vorteil gegenÞber Bitcoin zu haben. Wie bereits an anderer Stelle beschrieben, ist dies einfach nicht gelungen, und nur Bitcoin bietet ein stark dezentralisiertes, ÞberprÞfbares und glaubwÞrdig knappes digitales Geldgut.
### Mises, der Marktmaximalist
Die Geldtheorie ist nicht der einzige Ort, an dem der Leser eine Art âMaximalismus" in Mises' Denken spÞren kann. Sein gesamtes Werk lÃĪuft auf einen unverhohlenen Marktmaximalismus hinaus, der sich weigert, durch rigorose Ãķkonomische Theorie und Analyse sozialistischen oder interventionistischen Argumenten nachzugeben.
Ein groÃartiges Beispiel fÞr seine Verteidigung des freien Marktes findet sich in einem Vortrag aus dem Jahr 1950 mit dem Titel â[Die Mitte des Weges fÞhrt zum Sozialismus](https://mises.org/library/middle-road-leads-socialism?ref=europeanbitcoiners.com)". In dieser Vorlesung greift Mises Interventionisten an, die behaupten, eine Politik der âMitte" zwischen den beiden Extremen Kapitalismus und Sozialismus zu favorisieren. Durch strategische Interventionen kann der Staat die AuswÞchse beider Systeme verhindern.
Mises betrachtet Kapitalismus und Sozialismus jedoch als diametral entgegengesetzte und unvereinbare Organisationssysteme und nicht als ein Spektrum der Wohlstandsverteilung:
***
*âDer Konflikt der beiden Prinzipien ist unÞberbrÞckbar und lÃĪsst keinen Kompromiss zu. Kontrolle ist unteilbar. Entweder entscheidet die Nachfrage der Verbraucher, die sich auf dem Markt manifestiert, fÞr welche Zwecke und wie die Produktionsfaktoren eingesetzt werden sollen, oder der Staat kÞmmert sich um diese Angelegenheiten. Es gibt nichts, was den Gegensatz zwischen diesen beiden widersprÞchlichen Prinzipien abmildern kÃķnnte. Sie schlieÃen sich gegenseitig aus. Der Interventionismus ist kein goldener Mittelweg zwischen Kapitalismus und Sozialismus. Er ist der Entwurf fÞr ein drittes System der wirtschaftlichen Organisation der Gesellschaft und muss als solches gewÞrdigt werden.â*
***
Dieses dritte System ist jedoch im Grunde nur ein lÃĪngerer Marsch zum Sozialismus, indem es ein falsches Lippenbekenntnis zu Privateigentum und freier Marktwirtschaft ablegt. Auf jeden Eingriff, der stattfindet, mÞssen weitere folgen. Die Festsetzung eines Preises hier erfordert die Festsetzung eines anderen Preises dort, und so geht es die ganze Lieferkette entlang. Am Ende hat der Interventionismus die gesamte âMarktwirtschaft" im WÞrgegriff.
***
*Der Interventionismus kann nicht als ein Wirtschaftssystem betrachtet werden, das dazu bestimmt ist, zu bleiben. Er ist eine Methode zur Umwandlung des Kapitalismus in den Sozialismus in mehreren aufeinanderfolgenden Schritten. Damit unterscheidet er sich von den BemÞhungen der Kommunisten, den Sozialismus auf einen Schlag zu verwirklichen. Der Unterschied bezieht sich nicht auf das letztendliche Ziel der politischen Bewegung, sondern vor allem auf die Taktik, die zur Erreichung des von beiden Gruppen angestrebten Ziels angewandt wird.*
***
Trotzdem sind selbst die meisten vermeintlichen BefÞrworter einer freien Marktwirtschaft in Wirklichkeit von interventionistischen Ideologien und Denkweisen durchdrungen, und ihre Strategien sind immer zum Scheitern und zu Kompromissen verurteilt.
***
*âDies hat zur Folge, dass praktisch kaum etwas getan wird, um das System der Privatwirtschaft zu erhalten. Es gibt nur MittelsmÃĪnner, die glauben, erfolgreich gewesen zu sein, wenn sie eine besonders ruinÃķse MaÃnahme eine Zeit lang hinausgezÃķgert haben. Sie sind immer auf dem RÞckzug. Sie nehmen heute MaÃnahmen in Kauf, die sie noch vor zehn oder zwanzig Jahren fÞr undiskutabel gehalten hÃĪtten. In ein paar Jahren werden sie sich mit anderen MaÃnahmen abfinden, die sie heute noch fÞr undiskutabel halten. Was den totalitÃĪren Sozialismus verhindern kann, ist nur ein grundlegender Wandel der Ideologien.*\
\
*Was wir brauchen, ist weder Antisozialismus noch Antikommunismus, sondern eine offene BefÞrwortung des Systems, dem wir all den Wohlstand verdanken, der unser Zeitalter von den vergleichsweise beengten VerhÃĪltnissen vergangener Zeiten unterscheidet.â*
***
Mises nimmt kein Blatt vor den Mund, wenn er eine interventionistische Politik fordert, und es gibt viele Lehren, die Bitcoiner daraus ziehen kÃķnnen.
Erstens ist das Bitcoin-Netzwerk nicht einfach nur eine andere Art des Werttransfers als eine bestehende zentralisierte LÃķsung, eine Art PayPal 2.0. Es ist ein strukturell anderer Ansatz fÞr das gesamte Problem der doppelten Ausgaben. âBlockchain, nicht Bitcoin" ist eine Mogelpackung, weil sie den Kern dessen, was Bitcoin einzigartig macht (Dezentralisierung, unabhÃĪngige ÃberprÞfbarkeit usw.), wegnimmt, wÃĪhrend sie behauptet, âdie zugrundeliegende Technologie" zu nutzen, ÃĪhnlich wie ein nationalsozialistisches oder faschistisches Regime die staatliche Kontrolle Þber die Produktion Þbernehmen kÃķnnte, wÃĪhrend es behauptet, fÞr Privateigentum zu sein. Wenn du die Vorteile des Marktes nutzen willst, musst du tatsÃĪchlich einen Markt haben, und wenn du die Vorteile von Bitcoin nutzen willst, musst du Bitcoin tatsÃĪchlich nutzen.
AuÃerdem sollte die Dezentralisierung als binÃĪres System betrachtet werden. Entweder ist ein System dezentralisiert, oder es ist dazu verdammt, zentralisiert zu werden, manchmal mit einem Hard Fork nach dem anderen (*vgl. Ethereum*). Bitcoin-Maximalisten werden regelmÃĪÃig als toxisch bezeichnet, weil sie entschlossen an bestimmten Netzwerkparametern festhalten, selbst wenn diese willkÞrlich oder trivial erscheinen. Ein ganzer[ Krieg Þber die BlockgrÃķÃe](https://amzn.to/3OZX84g?ref=europeanbitcoiners.com) wurde um eine Begrenzung von 1 MB gefÞhrt. Die Zahl schien willkÞrlich und die LÃķsung trivial zu sein, aber die Bitcoiner weigerten sich, davon abzuweichen. Und warum? Eine hÃķhere BlockgrÃķÃe wÞrde die Kosten fÞr den Betrieb eines vollstÃĪndigen Knotens (Full Node)  erhÃķhen, der fÞr eine unabhÃĪngige Validierung und Dezentralisierung notwendig ist. Ein Hard Fork wÞrde einen vernichtenden PrÃĪzedenzfall schaffen und alle zukÞnftigen AnsprÞche auf AbwÃĪrtskompatibilitÃĪt gefÃĪhrden, die fÞr die GlaubwÞrdigkeit der Geldpolitik und die FÃĪhigkeit der Nodes, sich vertrauensvoll mit dem Netzwerk zu synchronisieren, erforderlich sind. Die BlockkapazitÃĪt stieg zwar an, aber nur, weil SegWit, dessen Vorteile weit Þber die bloÃe Verbesserung der Skalierung hinausgingen, Þber einen Soft Fork aktiviert werden konnte, sodass denjenigen, die dies nicht wollten, keine neuen Kosten auferlegt wurden.
Andere Projekte hingegen akzeptieren nicht, dass [die Kompromisse bei Bitcoin nicht wirklich willkÞrlich sind](https://medium.com/@nic__carter/bitcoin-bites-the-bullet-8005a2a62d29?ref=europeanbitcoiners.com). Sie bieten Turing-complete Smart Contracts, schnellere Blockzeiten, grÃķÃere BlÃķcke oder alle mÃķglichen anderen âFeatures" an. Die Features werden nicht mit demselben extrem konservativen Engagement fÞr Sicherheit produziert wie Bitcoin und bedrohen oft die FÃĪhigkeit, Þberhaupt einen vollstÃĪndigen Knoten (*Full-Node*) zu betreiben. Nur bei Bitcoin kÞmmern sich die Leute darum, dass die Geldmenge tatsÃĪchlich ÞberprÞft werden kann. Mit der Zeit verlieren die Projekte, wenn sie Þberhaupt aufrechterhalten werden, jeden Anschein einer glaubwÞrdigen Dezentralisierung. Ethereum, das einst mit unaufhaltsamen Anwendungen und der Aussage âCode ist Gesetz" warb, erlebte den DAO-Hack und ist nach der EinfÞhrung von Proof-of-Stake (das von Natur aus zentralisierend ist) der OFAC-Zensur in unterschiedlichem MaÃe unterworfen.
Bitcoin akzeptiert nichts von alledem. Er beugt seine Regeln fÞr niemanden. Bitcoiner wissen auch, dass das System gar kein Bitcoin mehr wÃĪre, wenn die Regeln gebogen *wÞrden*. Mises hilft uns zu verstehen, dass eine Politik des Mittelweges zu Shitcoinerei fÞhrt. Eine WÃĪhrung ist entweder Bitcoin oder dazu verdammt, ein Shitcoin zu sein.
### Mises, der toxische Maximalist
Im Jahr 1947 fand in der Schweiz das erste Treffen der Mont PÃĻlerin Society statt. Bei diesem Treffen trafen sich viele der einflussreichsten Verfechter der freien MÃĪrkte und des klassischen Liberalismus, von Ludwig von Mises Þber F. A. Hayek bis hin zu Milton Friedman und vielen anderen, um darÞber zu diskutieren, wie man die steigende Flut des Totalitarismus und seiner Wirtschaftsideologien durch die FÃķrderung freier MÃĪrkte und des Privateigentums bekÃĪmpfen kann. Man kÃķnnte meinen, dass Mises genau in diese Diskussionen passt. Doch wie [Milton Friedman berichtete](https://reason.com/1995/06/01/best-of-both-worlds/?ref=europeanbitcoiners.com), kam es anders:
***
*âDie Geschichte, an die ich mich am besten erinnere, ereignete sich auf dem ersten Treffen in Mont PÃĻlerin, als \[Mises] aufstand und sagte: âIhr seid alle ein Haufen Sozialisten." Wir diskutierten Þber die Einkommensverteilung und darÞber, ob man progressive Einkommenssteuern haben sollte. Einige der Anwesenden vertraten die Ansicht, dass es eine Rechtfertigung dafÞr geben kÃķnnte.*\
\
*Eine andere Gelegenheit, die ebenso aufschlussreich ist: Fritz Machlup war ein SchÞler von Mises, einer seiner treuesten JÞnger. Bei einem der Treffen in Mont PÃĻlerin hielt Machlup einen Vortrag, in dem er, glaube ich, die Idee eines Goldstandards in Frage stellte; er sprach sich fÞr freie Wechselkurse aus. Mises war so wÞtend, dass er drei Jahre lang nicht mit Machlup sprechen wollte. Einige Leute mussten die beiden wieder zusammenbringen. Es ist schwer zu verstehen; man kann es einigermaÃen nachvollziehen, wenn man sich vor Augen fÞhrt, wie Menschen wie Mises in seinem Leben verfolgt wurden.â*
***
Wie bereits erwÃĪhnt, hielt Mises drei Jahre spÃĪter einen Vortrag, in dem er eindrucksvoll erklÃĪrte, warum sie tatsÃĪchlich alle ein Haufen Sozialisten waren. Wer staatliche Eingriffe in die Einkommensverteilung akzeptiert, ist dem Sozialismus bereits verfallen, sobald genug Zeit vergangen ist. Mises war einfach nicht bereit, den sozialistischen IrrtÞmern, die er im Laufe seiner intellektuellen Karriere so akribisch aufgespieÃt hatte, Glauben zu schenken. JÃķrg Guido HÞlsmann stellt in [Mises: *The Last Knight of Liberalism*](https://mises.org/library/mises-last-knight-liberalism-0?ref=europeanbitcoiners.com) fest, dass âMises zwar in der Lage war, Sozialisten hoch zu schÃĪtzen, aber der Vorfall zeigte, dass er wenig Geduld mit Sozialisten hatte, die sich als Liberale ausgaben."
Doch Mises' giftiges Verhalten blieb nicht ohne Folgen. Laut HÞlsmann:
***
*âDer Schlagabtausch zwischen Mises und seinen neoliberalen Gegnern prÃĪgte den Ton in der Mont PÃĻlerin Society fÞr die kommenden Jahre.... Obwohl die LibertÃĪren um Mises eine kleine Minderheit waren, hatten sie die finanzielle UnterstÞtzung der amerikanischen Hauptsponsoren wie dem Volker Fund, ohne die die Gesellschaft in jenen frÞhen Jahren schnell ausgestorben wÃĪre. Solange Mises aktiv an den Treffen teilnahm, war es daher unmÃķglich, die technischen Details eines genehmigten staatlichen Interventionismus zu diskutieren. Das** **Laissez-faire hatte ein Comeback gefeiert. Es war zwar nicht die Mehrheitsmeinung, aber es war eine diskutierbare und diskutierte politische Option - zu viel fÞr einige anfÃĪngliche Mitglieder wie Maurice Allais, der die Gesellschaft genau aus diesem Grund bald wieder verlieÃ.â*
***
Indem er toxisch war, konnte Mises dazu beitragen, den Ton fÞr eine wirklich *laissez-faire* Mont PÃĻlerin Society zu setzen, die ihrem erklÃĪrten Ziel gerecht werden konnte, und sie wÃĪhlten F. A. Hayek zu ihrem PrÃĪsidenten. Er hatte keine Angst, Klartext zu reden, aber lautstark, sogar gegenÞber Leuten, die vermutlich zu seinem âeigenen Team" gehÃķrten. Ludwig von Mises war ein Mann, der seine Ideen ernst nahm und die Wahrheit noch viel ernster.
In seinen [Memoiren ](https://mises.org/library/memoirs?ref=europeanbitcoiners.com)schreibt Mises Þber seine Zeit in der Ãķsterreichischen Handelskammer in den 1910er und 1920er Jahren:
***
*âIch wurde manchmal beschuldigt, meinen Standpunkt zu schroff und unnachgiebig zu vertreten. Es wurde auch behauptet, dass ich mehr hÃĪtte erreichen kÃķnnen, wenn ich eine grÃķÃere Kompromissbereitschaft gezeigt hÃĪtte.... Die Kritik war ungerechtfertigt; ich konnte nur dann effektiv sein, wenn ich die Dinge so darstellen konnte, wie sie mir erschienen. Wenn ich heute auf meine Arbeit bei der Handelskammer zurÞckblicke, bedauere ich nur meine Kompromissbereitschaft und nicht meine Unnachgiebigkeit.â*
***
In dieser Zeit trug sein Rat dazu bei, die Hyperinflation in Ãsterreich aufzuhalten und ihre Auswirkungen im Vergleich zur Weimarer Republik abzuschwÃĪchen.
Bitcoiner werden von endlosen âKrypto-" und âShitcoin"-BetrÞgern geplagt, die auf dem RÞcken der innovativen Technologie und des wirtschaftlichen Erfolgs von Bitcoin reiten wollen. Den Bitcoinern wird gesagt, dass sie alle im selben Team sind. In den Augen der Ãffentlichkeit sind sie das auch. Das Ergebnis ist eine getÃĪuschte Ãffentlichkeit, der zentralisierte Pump-and-Dump-Systeme und Rugpulls, Affen-Jpegs und Rube-Goldberg-Maschinen verkauft werden, die auf SchlagwÃķrtern basieren und die Vorstellung vermitteln, dass sie in der gleichen Liga spielen wie die groÃartigste Geldtechnologie, die je geschaffen wurde. âKrypto" profitiert vom Erfolg von Bitcoin, und die Bekanntheit von Bitcoin sinkt mit den Misserfolgen von âKrypto". Doch wenn Bitcoiner die Unterschiede ansprechen und diese Projekte ablehnen, die sie uninteressant oder sogar verabscheuungswÞrdig finden, wird das als schÃĪdlich angesehen. Den Bitcoinern schadet das nicht, denn sie kÃķnnen weiter (Satoshis) stapeln und bauen, aber die Menschen, die unter Fiat-Regimen leben mÞssen, leiden darunter, dass ihnen kein Weg zu Freiheit und Wohlstand gezeigt wird.
Abgesehen davon, dass das Geld des Einzelnen in Gefahr ist, kann die Offenheit fÞr Shitcoins auch VerÃĪnderungen im Netzwerk fÃķrdern, die die Dezentralisierung beeintrÃĪchtigen. Wenn es UnterstÞtzung fÞr einen Shitcoin gibt, der auf einem bestimmten Merkmal basiert, warum sollte das Merkmal dann nicht in Bitcoin existieren? Wenn es tatsÃĪchlich eine Tendenz zu einer einzigen WÃĪhrung gibt, ist die FÃķrderung einer alternativen KryptowÃĪhrung selbst ein Angriff auf das Potenzial von Bitcoin. Wirtschaft und Technik sind mit gnadenlosen  Konsequenzen konfrontiert. Eine falsche Abfolge von Schritten kann zu absoluter VerwÞstung fÞhren. Bitcoiner nehmen das sehr ernst und machen keinen Hehl daraus, dass sie diese Konsequenzen fÞrchten. Wenn sie das tun, lehnen sie ganze unternehmerische Vorhaben ab und stellen ihre gesamte Einnahmequelle in Frage. Das ist toxisch.
Bitcoiners sollten immer den Mut haben, Mises zu zitieren und jedem zu sagen: âIhr seid alle ein Haufen Shitcoiner."
### Der aufgehende Stern von Mises
Obwohl er aus einer adligen Familie stammte und in Ãsterreich hohe Positionen innehatte, hatte Mises, als er auf der Flucht vor den Nazis in die Vereinigten Staaten emigrierte, nur wenige MÃķglichkeiten. Bis zu seiner Pensionierung war er âGastprofessor" an der New York University. Er arbeitete im Grunde genommen im stillen KÃĪmmerlein und unterrichtete hauptsÃĪchlich in seinen inzwischen berÞhmten informellen Seminaren, an denen auch Murray Rothbard und andere teilnahmen. Er benÃķtigte die UnterstÞtzung verschiedener philanthropischer Fonds. Hinzu kam, dass die Wirtschaftswissenschaften, wie alle Sozialwissenschaften, dem Szientismus und der Technokratie erlegen waren, so dass Mises' strenge logisch-deduktive Methoden im Vergleich zu mathematischen Formeln und statistischen Modellen als altmodisch galten. Der Goldstandard wurde zugunsten eines Fiat-Systems abgeschafft, und als Mises starb, hatte der US-Dollar keinerlei Verbindung mehr zu Edelmetallen oder realen Ersparnissen, so dass die Geldpolitik allein den Launen der Politik Þberlassen blieb.
Es gab allen Grund, Ludwig von Mises vÃķllig in Vergessenheit geraten zu lassen. Doch seine SchÞler, wie Murray Rothbard, hielten die Ãķsterreichische Schule am Leben. Im Jahr 1982 wurde das Ludwig von Mises Institute von Rothbard und Lew Rockwell gegrÞndet und von Dr. Ron Paul finanziert (beide wurden von ihren Kritikern als âtoxisch" bezeichnet). Dr. Paul selbst wurde zu einem legendÃĪren Verfechter der Ideen von Mises und anderen, sowohl im Kongress als auch im PrÃĪsidentschaftswahlkampf. In letzterem machte Dr. Paul die von der Federal Reserve verursachte wirtschaftliche ZerstÃķrung zu einem zentralen Bestandteil seines Programms und zum ersten Mal seit Jahrzehnten zu einem wichtigen Thema in der politischen Debatte, was den Diskurs danach fÞr immer verÃĪnderte.
Es ist also kein Wunder, dass viele Menschen, die sich als erste fÞr Bitcoin begeisterten, treue SchÞler von Mises waren und dass seine Ideen mit dem Wachstum von Bitcoin noch mehr an Bedeutung gewonnen haben. Seine rigorose ErlÃĪuterung der Wahrheiten des Wirtschaftsrechts, die auf Subjektivismus, Marginalismus und methodologischem Individualismus beruht, gab den Menschen den Rahmen, um zu verstehen, wie Bitcoin die Geldpolitik veranschaulicht, die zu Frieden, Wohlstand und Freiheit fÞhrt. Anstatt irrelevant zu werden, ist Mises heute wichtiger denn je. Wie Ron Paul bemerkte: â[Wir sind jetzt alle Ãsterreicher](https://www.youtube.com/watch?v=467hCNuGvNw\&ref=europeanbitcoiners.com)."
### Fazit
Das Toxische liegt im Auge des Betrachters oder des Bagholders. Die Wirtschaftswissenschaft ist, wie jedes Streben nach Wahrheit, kein Beliebtheitswettbewerb, und die Wahrheit wird immer von denen bekÃĪmpft werden, deren GeschÃĪft und Status von der Verbreitung von IrrtÞmern und Unwahrheiten abhÃĪngt.\
\
Ludwig von Mises stand fest zu seinen grÞndlichen Analysen der Wirtschaftswissenschaften und des klassischen Liberalismus und scheute sich nicht, das zu verteidigen, was er fÞr wahr hielt, selbst auf Kosten von Prestige und PopularitÃĪt. Heute steht er weit Þber fast jedem anderen Sozialwissenschaftler des 20. Jahrhunderts.
Ich habe an anderer Stelle Þber [Memes und Rhetorik ](https://www.youtube.com/watch?v=PBAuHv5cPl8\&ref=europeanbitcoiners.com)gesprochen, und es gibt viel zu diskutieren Þber bestimmte Strategien und ihre Wirksamkeit. Aber vor allem muss jede Strategie die Wahrheit in den Mittelpunkt stellen. Die Wahrheit ist zeitlos, so dass ihre Relevanz nicht auf kurzfristige PopularitÃĪt beschrÃĪnkt ist. Wenn dies der Fall ist, ist der Vorwurf der âToxizitÃĪt" entweder eine Aufforderung zur Verbesserung oder ein Ehrenzeichen dafÞr, dass man trotz aller Widrigkeiten fÞr die Wahrheit einsteht. Wie das Motto von Ludwig von Mises schon sagte: *tu ne cede malis, sed contra audentior ito.* Weiche dem BÃķsen nicht, trete ihm umso mutiger entgegen.
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@ da0b9bc3:4e30a4a9
2025-02-24 06:35:50
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.
ðĻDon't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!ðĻ
ðĻSubscribe to the territory to ensure you never miss a post! ðĻ
originally posted at https://stacker.news/items/895451
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@ 583e5ea1:b44effdd
2025-02-24 06:05:24
Today, we remember and pay tribute to Parag Kumar Das, a fearless journalist and human rights activist from Assam, on what would have been his 64th birthday. Though he's no longer with us, his legacy lives on, inspiring generations to continue fighting for justice and human rights.
Das's journey as a journalist began in the 1990s, writing for local newspapers in Assam. However, he soon realized that true power lies not in reporting events, but in giving voice to the voiceless and holding those in power accountable. This marked the beginning of his journey as a human rights activist.
Throughout his career, Das criticized state-sponsored violence, human rights abuses, and social injustices. His writings shed light on pressing issues in Assam, including extrajudicial killings, enforced disappearances, and internally displaced persons. He relentlessly campaigned against the Armed Forces (Special Powers) Act (AFSPA), highlighting the need for its repeal.
Das faced harassment, intimidation, and physical attacks, but these challenges strengthened his resolve. He received several awards, including the prestigious 'Scoop' Award for Investigative Journalism. However, for Das, the true reward lay in knowing his work made a tangible difference in people's lives.
As we reflect on his remarkable journey, we're reminded that the pen is mightier than the sword, and voices of truth and justice will always prevail. We salute Parag Kumar Das, a champion of human rights in Assam, on his 64th birthday. His courage, conviction, and commitment to justice continue to inspire us.
Though Das was assassinated by SULFA in 1996, his memory lives on, and his work continues to inspire human rights activists in Assam and beyond.
With love and respect on your 64th birthday, sir! May your courage, conviction and commitment to justice continue to inspire generations to come. We salute you, on this special day, and always. ððž
For reference, here is the Wikipedia article about him: [Parag Kumar Das]( https://en.wikipedia.org/wiki/Parag_Kumar_Das)
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@ 57d1a264:69f1fee1
2025-02-24 04:10:33
As your involvement in open source design increases, youâll face challenges that go beyond basic UI work. From creating scalable design systems to mentoring new contributors, these advanced areas require strategic thinking, collaboration, and leadership.
This chapter dives into these complexities, helping you handle real-world situations while continuing to grow as a designer.
- Championing Design Initiatives
- Creating and Maintaining Design Systems
- Handling Complex Design Challenges
- Conducting In-Depth User Research
- Balancing Open Source Work with Other Commitments
- Navigating Project Dynamics
-0 Mentoring New Designers
Read more:
https://opendesign.guide/10-advanced-topics
```
#design #nostrdesign #bitcoindesign #ln #grownostr #asknostr #zap #btc #bitcoin #nostr #cashu
```
originally posted at https://stacker.news/items/895377
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@ b8851a06:9b120ba1
2025-02-24 02:02:32
The French fiscal catastrophe is unfolding exactly as Austrian economists predicted. Government intervention breeds more intervention, trapping the economy in a death spiral of debt, deficits, and monetary debasement.
Franceâs public debt has surged to 111% of GDP in 2023, with projections showing 119% by 2029. The governmentâs much-touted âŽ60 billion âbudget effortâ is a political charadeâby 2025, the deficit will still exceed 5.4% of GDP. To stabilize its finances, France would need âŽ120 billion in permanent savingsâan impossible task in a system where political survival depends on endless spending.
## The Political Crisis: A System Losing Legitimacy
Economic crises create political ones. In December 2024, Prime Minister Barnier was ousted over austerity measures, replaced by Bayrouâa desperate attempt to calm markets. But leadership changes wonât fix the fundamental issue: France is ungovernable under its current fiscal trajectory.
Every attempt to âfixâ the problemâmore regulation, more spending, more monetary manipulationâonly worsens the crisis. Political chaos is a symptom of economic insolvency.
## The ECBâs Stealth Bailout: Germanyâs Growing Revolt
France is functionally bankrupt, but the ECB is quietly shifting the burden onto German savers through Target2 claims and monetary expansion. This amounts to a silent wealth transferâbailing out Paris at Berlinâs expense.
The German public is noticing. Support for the AfDâs âDexitâ movement is rising, as voters realize they are being forced to subsidize failing economies. The eurozoneâs fault lines are deepening.
## The Likely Scenarios: What Comes Next?
Based on current conditions, three major outcomes are most probable:
### Scenario 1: ECB âMuddles Throughâ
The ECB takes a âtoo little, too lateâ approach, avoiding decisive action while failing to restore confidence. This leads to:
âĒ Wider French bond spreads as investors demand higher yields
âĒ Weakened ECB credibility, as markets lose faith in its ability to contain the crisis
âĒ Prolonged volatility without addressing the fundamental debt problem
### Scenario 2: IMF/ESM Bailout
France is forced into a formal bailout via the IMF and European Stability Mechanism (ESM). This would trigger:
* Harsh austerity measures, politically toxic in a nation that riots over pension reforms
* Severe political fallout, as both left and right-wing factions resist external control
* A crisis within the ECB itself, as its French president faces backlash for âbailing out his own countryâ
* Northern European pushback, with the German Bundestag and creditor states reluctant to approve another bailout
### Scenario 3: Communications Crisis
A severe market panic caused by ECB miscommunication leads to:
* A European-style âTaper Tantrumâ, triggering a selloff in French bonds
* Spreads widening rapidly, forcing emergency interventions
* Loss of market confidence, accelerating capital flight
* Potential contagion, pulling in weaker Eurozone economies
The remaining probability accounts for more moderate scenarios, where France manages to delay disaster through temporary measures. But at this level of debt and deficit spending, delay is the best-case scenarioânot resolution.
## The Endgame: Default or Hyperinflation?
Franceâs pension system alone is set to bleed âŽ30 billion annually by 2045. The debt load is unsustainable, the political will to cut spending is nonexistent, and the ECBâs ability to print euros without consequence is rapidly eroding.
#### There are only two ways this ends:
* Massive defaults, triggering economic and social chaos.
* Hyperinflationary money printing, destroying savings and purchasing power.
#### Ludwig von Mises warned about this nearly a century ago:
âThe ultimate outcome of credit expansion is either a depression brought about by the voluntary abandonment of further credit expansion, or a catastrophe of the currency system involved.â
Franceâand the entire euro systemâhas reached this fork in the road. The only question left is: Will they choose ruin now, or ruin later?
Mises was right. And in the end, economic reality always wins. The only choice left is whether you want to be a victimâor prepared.
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@ d34e832d:383f78d0
2025-02-24 01:22:32
## **age** - Simple, modern, and secure file encryption.
## SYNOPSIS
```bash
age [--encrypt] (-r RECIPIENT | -R PATH)... [--armor] [-o OUTPUT] [INPUT]
age [--encrypt] --passphrase [--armor] [-o OUTPUT] [INPUT]
age --decrypt [-i PATH | -j PLUGIN]... [-o OUTPUT] [INPUT]
```
The **age** tool provides a robust solution for encrypting and decrypting files. It simplifies the encryption process while ensuring strong security through modern cryptographic standards. **age** primarily focuses on:
- Encrypting data to specific recipients or using passphrases.
- Decrypting data based on available private keys or passphrases.
- Supports both binary and ASCII armored (Base64-encoded) outputs.
- A compact, secure design suitable for integration into diverse environments.
- **RECIPIENTS**: Public keys or identities to which a file is encrypted. Each recipient can decrypt the file with their corresponding private key.
- **IDENTITIES**: Private keys that allow decryption of files encrypted to corresponding recipients.
- **Passphrase**: A user-defined secret key used to encrypt or decrypt data interactively, typically used when specific recipient identities are not available.
### Encryption Process:
Files are encrypted using public keys or passphrases. The `-r` option encrypts the file to specific recipients, whereas the `--passphrase` option allows encryption using a passphrase. In the absence of these options, **age** will prompt the user for the necessary inputs interactively.
### Decryption Process:
Decryption is automatically handled by **age** based on the format of the encrypted file. If the file is encrypted with a passphrase, **age** will request the passphrase interactively. Alternatively, it will use the private key specified by the `-i` option to decrypt the file.
### Binary and ASCII Output:
The default output for **age** is binary, which is suitable for storage and transmission. However, when using the `--armor` option, the encrypted file is encoded into a text format that is easy to handle in text-based systems.
---
## OPTIONS
### General Options:
- `-o, --output=OUTPUT`: Directs the encrypted or decrypted content to the specified OUTPUT file. If OUTPUT already exists, it is overwritten. In the case of encryption without `--armor`, the tool refuses to output binary to a TTY.
- `--version`: Displays the **age** version and exits.
### Encryption Options:
- `-e, --encrypt`: Default mode for encrypting files. Specifies that the input file should be encrypted.
- `-r, --recipient=RECIPIENT`: Encrypts to the recipient's public key, which can be a native X25519 key or an SSH key. This option may be repeated to encrypt for multiple recipients.
- `-R, --recipients-file=PATH`: Encrypts for recipients listed in a file, each recipient specified on a new line. Lines starting with `#` are treated as comments. If `PATH` is `-`, recipients are read from standard input.
- `-p, --passphrase`: Encrypts the file with a passphrase. The passphrase is requested interactively, and **age** offers an option to auto-generate a secure passphrase. This mode cannot be combined with other recipient options.
- `--armor`: Encrypts the output to an ASCII "armored" encoding (strict Base64). This makes it more suitable for text environments.
- `-i, --identity=PATH`: Specifies the path to the private key(s) that correspond to the recipients. Used to generate a file compatible with recipient encryption, allowing seamless encryption to private keys.
- `-j PLUGIN`: Specifies the use of a plugin for encryption, typically used for non-standard encryption schemes.
### Decryption Options:
- `-d, --decrypt`: Decrypts the specified INPUT file. If the file is passphrase-encrypted, the passphrase is automatically detected and requested interactively.
- `-i, --identity=PATH`: Specifies the private key file used for decryption. This can be a native age private key, an SSH private key, or a passphrase-protected identity file. The file path can also be `-` to read from standard input.
- `-j PLUGIN`: Decrypts using a plugin, similar to how the plugin is used in encryption. The plugin should contain no data-specific encryption information.
### Plugins:
**age** supports the use of plugins to extend its encryption and decryption functionality. A plugin is used when encryption or decryption requires a non-standard method. The plugin executes specific cryptographic operations as defined by the plugin.
---
## VARIOUS EXAMPLES
### 1. Encrypt a file to a recipient using a native X25519 key:
```bash
age -r age1ql3z7hjy54pw3hyww5ayyfg7zqgvc7w3j2elw8zmrj2kg5sfn9aqmcac8p file.txt > file.txt.age
```
### 2. Encrypt a file to multiple recipients:
```bash
age -o file.txt.age -r age1ql3z7hjy54pw3hyww5ayyfg7zqgvc7w3j2elw8zmrj2kg5sfn9aqmcac8p \
-r age1lggyhqrw2nlhcxprm67z43rta597azn8gknawjehu9d9dl0jq3yqqvfafg file.txt
```
### 3. Encrypt to recipients listed in a file:
```bash
cat > recipients.txt
# Alice
age1ql3z7hjy54pw3hyww5ayyfg7zqgvc7w3j2elw8zmrj2kg5sfn9aqmcac8p
# Bob
age1lggyhqrw2nlhcxprm67z43rta597azn8gknawjehu9d9dl0jq3yqqvfafg
age -R recipients.txt file.txt > file.txt.age
```
### 4. Encrypt and decrypt a file with a passphrase:
```bash
# Encrypt with a passphrase
age -p secrets.txt > secrets.txt.age
Enter passphrase (leave empty to autogenerate a secure one):
Using the autogenerated passphrase "release-response-step-brand-wrap-ankle-pair-unusual-sword-train".
# Decrypt with the same passphrase
age -d secrets.txt.age > secrets.txt
Enter passphrase:
```
### 5. Encrypt and decrypt with a passphrase-protected identity file:
```bash
# Generate a passphrase-protected identity file
age-keygen | age -p > key.age
Enter passphrase (leave empty to autogenerate a secure one):
Using the autogenerated passphrase "hip-roast-boring-snake-mention-east-wasp-honey-input-actress".
# Encrypt using the identity
age -r age1yhm4gctwfmrpz87tdslm550wrx6m79y9f2hdzt0lndjnehwj0ukqrjpyx5 secrets.txt > secrets.txt.age
# Decrypt using the identity file
age -d -i key.age secrets.txt.age > secrets.txt
Enter passphrase for identity file "key.age":
```
---
## EXIT STATUS
- `0`: Encryption or decryption was successful.
- `1`: An error occurred during the operation.
---
## BACKWARDS COMPATIBILITY
Files encrypted with a stable version of **age** will be compatible with any later version of the tool. When decrypting older files, **age** might provide a flag to force the operation if the operation poses a security risk.
---
The **age** tool is designed with security and simplicity in mind. It uses strong encryption methods to ensure that your files are protected against unauthorized access, with flexibility in how encryption keys are managed and applied.
[Age Github Repo](https://github.com/FiloSottile/age?tab=readme-ov-file)
-
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@ b8851a06:9b120ba1
2025-02-23 23:41:06
> Something stinks in the crypto markets, and itâs not just OpenSeaâs suspicious trading activity.
The recent regulatory pivot in Washingtonâdriven by the Trump administrationâs aggressive push to make the U.S. âthe worldâs crypto capitalââhas set the stage for a wave of unchecked fraud. OpenSeaâs sudden regulatory relief and strategic transformation are just the beginning.
## The SECâs Curious Retreat
Letâs start with the smoking gun: the SEC was investigating OpenSea for unregistered securities violations, even issuing a Wells notice in August 2024. Then, in a complete reversal, they dropped the case without explanation. This wasnât some random bureaucratic oversightâit happened right after Trump took office.
The timing is too perfect. His administration wasted no time signaling its pro-crypto stance, and the SEC, once an enforcer, is now rolling over like a neutered watchdog.
> The message? As long as youâre playing the âcrypto-broâ game, the rules donât apply.
## OpenSeaâs Convenient Pivot
With the regulatory threat gone, OpenSea immediately rebranded itselfânot just as an NFT marketplace but a full-blown token trading platform. Hereâs what they did:
* Launched OS2, a rebuilt exchange expanding into token trading.
* Dropped the SEA token on February 13, 2025âperfectly timed with the regulatory climate shift.
* Slashed fees to near zero to attract volume and dominate the market.
This wasnât just a business moveâit was a power play. OpenSea knew that under the previous administration, tokenizing its platform might have triggered another securities probe. But under Trumpâs SEC? Itâs open season.
## Wash Trading and Market Manipulation
And it worked. The SEA token launch sent OpenSeaâs market share skyrocketing from 25.5% to 71.5% in just four weeks. Daily trading volume exploded from $3.47 million to $17.4 millionâbut the numbers donât add up. The surge was so artificial that OpenSea had to suspend its XP-based incentives system after accusations of wash trading flooded in.
### Letâs be clear: this isnât real market growth. This is manipulation.
By incentivizing rapid-fire, circular trading, OpenSea created the illusion of demand. The goal? Pump the SEA token, dominate competitors, and make insiders richâat the expense of everyday traders.
## Whoâs Really Benefiting?
The financials paint a grim picture. #Coatue Management, once a major investor, slashed OpenSeaâs valuation from $13.3 billion to just $1.4 billion. Trading volume has collapsed from its $5 billion peak to just $190 million per month. And yet, insiders are doubling down.
Consider these strategic moves:
* OpenSea relocated from New York to Miami, aligning with Floridaâs looser regulatory environment.
* It established a foundation in the Cayman Islandsâa classic move for dodging scrutiny.
* Itâs benefiting from a hands-off #SEC, which has abandoned enforcement actions under the new administration.
This is the new crypto economy: a lawless Wild West where the biggest players game the system while retail traders foot the bill.
## What Comes Next?
With #Trumpâs administration actively reshaping crypto regulation, OpenSea is the first of many companies to exploit this new reality. Weâre entering an era where politically connected #crypto firms will enjoy total freedom to manipulate markets, while ordinary investors will be left holding the bag.
### The lesson? If youâre not on the inside, youâre the exit liquidity.
This isnât just about #OpenSea. Itâs about a government-sanctioned crypto casino, where fraud is no longer the exceptionâit seems to be the business model.
I really hope am wrong on this one #nostr.
-
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@ 629c4a12:f822cc1a
2025-02-23 21:50:25
Treasury bonds, once considered the gold standard for conservative investments, have struggled to maintain their appeal in an era of low yields and rising inflation. Governments face mounting pressure to rethink their traditional treasury instruments, especially the long duration bonds. Enter Bitcoinâa neutral, decentralized, scarce, and globally recognized asset. By integrating Bitcoin into treasury bonds, governments have a unique opportunity to breathe new life into their sovereign debt markets and attract a new wave of investors.
### Problem: The decline of long-duration sovereign bonds
Around the world, governments are grappling with declining investor confidence in their long-term debt instruments. Major institutional investors have been reducing their exposure to long-dated sovereign bonds due to rising inflation, unsustainable debt levels, and uncertainty around global monetary policies.
In Europe, countries like Italy and Greece have faced heightened yield spreads, reflecting investor wariness over fiscal sustainability. In Japan, long-term government bonds have seen weak demand, despite interventions by the Bank of Japan to stabilize yields. Emerging markets, too, face significant challenges, with higher borrowing costs and limited foreign investor participation in their sovereign bond markets.
Globally, yields on long-term sovereign bonds have risen as investors demand higher compensation for the perceived risks. This inverse relationship between yields and bond prices highlights a broader issue: governments are finding it increasingly difficult to issue long-term debt at sustainable costs.
### Key factors contributing to this global decline include:
* **Persistent inflation:** Eroding the purchasing power of fixed-income returns across global markets.
* **Increased government borrowing:** Leading to an oversupply of bonds in developed and emerging economies alike.
* **Monetary policy uncertainty:** Central bank actions in response to inflation and slowing economic growth have added volatility to bond markets.
As a result, global investors are increasingly favoring short-term bonds or alternative assets, leaving long-term sovereign bonds struggling to attract sufficient demand.
Solution: Bitcoin as collateral for treasury bonds
Governments can collateralize 10% of their 10-year and 30-year treasury bond offerings with Bitcoin. In practice, this means a portion of the bondâs value would be backed by Bitcoin reserves held securely by the issuing government or a trusted custodian. Investors would gain exposure not only to the guaranteed yield of the bond but also to the potential upside of Bitcoinâs price appreciation.
To sweeten the deal, governments could offer tax-free capital gains on any Bitcoin price appreciation realized through this instrument. This would make Bitcoin-backed treasury bonds not only a conservative, yield-generating investment but also a potentially lucrative one.
### Why this matters for governments
* **Attracting a new investor class:** Bitcoin has a growing base of institutional and retail investors. A Bitcoin-collateralized bond could attract Bitcoin enthusiasts and institutional investors seeking compliant exposure to Bitcoin.
* **Strengthening national bitcoin reserves:** By holding Bitcoin as collateral, governments would gradually build Bitcoin reserves, which could act as a hedge against currency devaluation and macroeconomic instability.
* **Enhancing bond appeal in inflationary environments:** In inflationary periods, traditional bonds struggle to offer real returns. Bitcoinâs historical performance as an inflation hedge could help offset this concern.
* **Diversifying reserve assets:** Bitcoin offers a unique diversification benefit compared to traditional reserve assets like gold and foreign currencies.
### Why this matters for investors
* **Dual upside potential:** Investors not only gain the fixed yield of a treasury bond but also the upside of Bitcoin price appreciation.
* **Tax-gree gains on Bitcoin exposure:** The tax exemption on Bitcoin gains would be a significant incentive for investors looking for capital-efficient exposure to Bitcoin.
* **Low-risk Bitcoin exposure:** For more conservative investors, Bitcoin-backed bonds offer a lower-risk pathway to Bitcoin exposure compared to direct ownership.
### Why focus on 10-Year and 30-year treasuries?
Long-term treasuries, such as 10-year and 30-year bonds, are ideal candidates for Bitcoin collateralization due to their extended maturity periods. These longer timelines allow Bitcoinâs historical price appreciation to play a more significant role in generating value for investors. Additionally, they align better with Bitcoinâs long-term investment thesis, making them more attractive to investors seeking both yield and potential asset growth.
Short-term treasuries, on the other hand, are less suited for Bitcoin collateralization due to Bitcoinâs volatility and shorter investment horizons.
Implementation and challenges
While the concept is innovative, there are several practical and regulatory challenges:
* **Custody and Security:** Governments must establish secure custody solutions for Bitcoin reserves.
* **Volatility Management:** Bitcoinâs price volatility could introduce risk into the bondâs collateral structure.
* **Regulatory Clarity:** Clear regulatory frameworks would need to be established to govern these hybrid financial instruments.
However, with the right infrastructure and governance, these challenges are far from insurmountable.
A win-win opportunity
By collateralizing 10-year and 30-year treasury bonds with Bitcoin, governments around the world can tap into the growing Bitcoin economy, attract a new wave of global investors, and future-proof their financial strategies. Investors, on the other hand, gain access to a secure, regulated, and potentially lucrative investment vehicle.
In a rapidly changing financial landscape, integrating Bitcoin into long-term sovereign bonds is not just an opportunityâitâs a strategic imperative. Governments that act decisively could position themselves at the forefront of a new era in global sovereign finance.
-
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@ 629c4a12:f822cc1a
2025-02-23 21:33:31
Iâve always been drawn to minimalism. Thereâs a certain peace that comes from stripping away the unnecessary, decluttering both physical and mental spaces. Yet, when it comes to finances, Iâve found myself tangled in complexity. As an âoptimizer,â I spend an inordinate amount of time thinking about investments, managing risk, and endlessly tinkering with my portfolio. This preoccupation contradicts the minimalist principles I try to live by.
It seems absurd to me that the financial world has become so complicated that we need money managers to simply preserve the value of our money. If investing is so intricate that the average person must hire professionals just to preserve (let alone grow) the value of their savings, then something is fundamentally wrong.
For the past five years, Iâve immersed myself in the history and mechanics of financial systems. The deeper I delved, the clearer it became: Bitcoin is a force of minimalism in an increasingly financialized and complex world.
### The Clutter of Modern Finance
Our financial system has become bloated with complexity. The hyper-securitization of assets has created an environment filled with financial clutter. Derivatives, for example, represent layers upon layers of financial engineering, often so convoluted that even experts struggle to understand them fully.
More troubling is the way nearly everything of value has been financialized. Real estate and art, two things that should embody personal value and cultural significance, have been transformed into mere asset classes. They are bought, sold, and speculated upon not for their intrinsic qualities but as instruments in the game of wealth preservation.
But why has this happened? Itâs actually quite simple: our money is constantly losing value. The dollar, for example, debases at a rate of around 7% per year. Holding cash feels like holding melting ice, so itâs only natural for people to seek out scarce assets to preserve their wealth.
The Never-Ending Game of Diversification
This pursuit of scarce assets sets off a complex gameâa game that forces people to diversify endlessly:
* Equities
* Bonds
* Real Estate
* Commodities
* Art
* Collectibles
Weâre told to spread our investments across these asset classes to mitigate risk and preserve our hard-earned money. Those who can afford to hire money managers generally fare better in this game, as they have access to expertise and strategies designed to navigate this maze of complexity.
Ironically, this system creates an incentive for more complexity. The more convoluted the financial landscape becomes, the more we need money managers, and the more entrenched this cycle of financialization and securitization becomes. Itâs a force of ever-increasing entropyâquite the opposite of minimalism.
### Bitcoin: Simplicity in a Complex World
In the midst of this financial chaos, Bitcoin emerges as a beacon of simplicity. It offers a way out of the clutter, a chance to reclaim financial minimalism. Bitcoin embodies the concept of scarcity with a rare kind of perfection: there will only ever be 21 million Bitcoins. No more.
This scarcity makes Bitcoin the perfect savings technology. Unlike traditional currencies, no one can debase your holdings. You donât need to chase after real estate, art, or other assets to preserve your wealth. You donât need to constantly diversify and rebalance a portfolio to stay ahead of inflation. Bitcoinâs scarcity gives you a way to hold your wealth securely, without the need for endless tinkering.
Iâm not blind to Bitcoinâs short-term price volatility. However, itâs crucial to understand that weâre still in the early stages of adoption. As more people embrace this perfect form of scarcity, Bitcoinâs qualities as savings technology will express itself.
Bitcoin has the potential to de-financialize the housing market. It can de-financialize art.
Ultimately, Bitcoin has the power to replace those aspects of our lives that currently serve as proxies for scarcity.
### A Minimalist Approach to Wealth
Bitcoin allows us to step off the treadmill of constant financial optimization. It offers a simpler way to safeguard the fruits of our labor. Rather than spending our time, energy, and attention on navigating a complex financial system, we can focus on what truly matters: living a meaningful life.
By embracing Bitcoin, we embrace a minimalist approach to wealth. We reject the idea that we must play a never-ending game of diversification to maintain our standard of living. Instead, we adopt a simple, elegant solution that aligns with the principles of minimalism.
### Conclusion
In a world that grows more financially cluttered by the day, Bitcoin stands as a path to financial minimalism. It frees us from the complexities of traditional finance, allowing us to preserve our wealth without the need for constant vigilance and management.
By embodying scarcity and simplicity, Bitcoin gives us a way to reclaim our time and energy. Itâs not just a financial tool; itâs a way to simplify our lives, to step back from the chaos, and to focus on what truly matters
-
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@ c11cf5f8:4928464d
2025-02-23 20:42:52
Let's hear some of your latest #Bitcoin purchases, feel free to include links to the #shops or #merchants you bought from too. Any good #deal we should know about?
If you missed our last thread, [here](https://stacker.news/items/887305/r/AG) are some of the items stackers recently spent and #zap #sats on.
originally posted at https://stacker.news/items/895134
-
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@ 378562cd:a6fc6773
2025-02-23 20:41:59
Social media platforms like Facebook and X (formerly Twitter) have long dominated online communication. However, many people are looking for alternatives due to increasing censorship, algorithmic manipulation, and corporate control over user data. One of the most promising new protocols I have found is Nostr, a decentralized and open-source alternative to traditional social media. But how does Nostr compare, and why should you consider making the switch? If you're reading this, presumably, you already have made the switch, but share this with friends if you like. Letâs dive in.
The Fundamental Differences Between Nostr and Traditional Social Media
1. Decentralization vs. Centralization
Facebook and X are owned and operated by massive corporations that control everything from content moderation to algorithmic visibility. Your posts, followers, and interactions are at the mercy of the company's policies and changes.
Nostr: No single entity owns Nostr. It operates as a protocol where anyone can run a relay (a server that transmits messages). Users are not tied to a single company or platform, ensuring freedom from corporate control.
2. Censorship Resistance
Facebook & X: Heavily moderate content, often removing posts or banning accounts based on internal policies, government pressure, or **advertiser** demands.
Nostr: Built to resist censorship. Since users publish to multiple relays, blocking content on one relay does not remove it from others. You control where your messages are sent, not a centralized authority.
3. User Ownership and Privacy
Facebook & X: Your data is stored on corporate servers and often sold to advertisers. You donât truly own your content or connections.
Nostr: Users control their private keys, which function like cryptographic signatures. Your identity is yours alone, and no company can take it away.
4. Algorithm-Free Experience
Facebook & X: Content is curated by algorithms that determine what you see based on engagement metrics, often promoting divisive or viral content over meaningful conversations.
Nostr: No forced algorithms. You decide which relays to use and what content to follow. Your feed remains chronological and free from corporate influence.
Pros and Cons of Nostr
â
Pros:
True freedom of speech: No corporate moderation, allowing open discussion.
User-owned identity: You control your account with a cryptographic key.
No ads or tracking: Your data isnât harvested or sold to advertisers.
Resilient against shutdowns: Multiple relays ensure content persists even if one relay goes offline.
Customizable experience: Choose the relays and clients that best suit your needs.
â Cons (If Any):
Early-stage adoption: Not as many users as Facebook or X (yet!).
Technical learning curve: Requires setting up keys and understanding relays, though improving rapidly.
Lack of centralized moderation: While this is a pro for free speech, it can also mean exposure to spam or undesirable content if it is not filtered properly. However, they are developing hidden or block features to help control your feeds. I don't have a lot of worries here. To be perfectly honest, it seems like a better class of people come here.
Why Should You Leave Facebook and Join Nostr?
If youâre tired of algorithmic manipulation, invasive tracking, and corporate censorship, Nostr offers a fresh start. Itâs a place where your voice truly belongs to you, and a centralized authority cannot control your connections.
Yes, it may take some time to adjust to using Nostr, but the benefits far outweigh the minor learning curve. If you value digital freedom, privacy, and resistance to censorship, now is the perfect time to explore the future of social networking.
How to Get Your Friends to Leave Corporate Social Media and Join Nostr
Switching to Nostr is one thing, but convincing your friends to make the leap can be challenging. Here are some practical ways to help them transition:
Explain the benefits: Many people donât realize how much control corporations have over their online experience. Share this article and highlight the key points.
Make it easy: Walk them through setting up a Nostr account, generating a private key, and connecting to relays.
Show them the community: Introduce them to active Nostr users, groups, and discussions to make the transition feel worthwhile.
Lead by example: Use Nostr consistently and post compelling content that makes it appealing to your friends.
Keep the conversation going. As more people join, Nostr will become even more engaging, making it a true alternative to corporate-controlled platforms.
-
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@ badc29af:a92bd071
2025-02-23 20:34:58
**Part I: The First Hour (Blocks 694,200â694,205)**
**Block 694,200: The Coder**\
Sarah Chen sat hunched over her keyboard in her San Francisco apartment, the fog smudging her window. Debugging a fintech app, she watched block 694,200 confirm on the Bitcoin blockchain. Suddenly, its architecture snapped into focus: not just code, but a defiance of artificial abundance.\
"Holy shit," she whispered, easing back from her desk, her monitor casting light on scattered ramen cups. Sheâd coded financial systems for years, but now she saw moneyâs true potentialâscarce, digital, unbound.
**Block 694,201: The Entrepreneur**\
Ten minutes later, in a steamy Lagos cybercafÃĐ, James Okonjoâs world shifted as block 694,201 locked in. Struggling with payment delays under Nigeriaâs currency controls, he read about Bitcoinâs borderless flow.\
"No more gatekeepers," he said, startling nearby patrons. His hands shook as he set up his first wallet, already dreaming of a Bitcoin education platform for African developers.
**Block 694,202: The Economist**\
In Caracas, Maria Rodriguez paced before her Universidad Central de Venezuela class, dissecting inflationâs latest surge. As block 694,202 formed, the idea of fixed-supply money hit her like a revelation.\
"Forget this slide," she said, closing her laptop. "Letâs talk proof-of-work." Her students stared, but her mind was already racing with possibilities.
**Block 694,203: The Retiree**\
In Tokyo, Hiroshi Yamamoto sipped tea during his morning portfolio review when block 694,203 confirmed. A retired salaryman, he saw Bitcoin as a shield against decades of yen erosion. Quietly, he began researching wallets, his curiosity ignited.
**Block 694,204: The Prodigy**\
In Toronto, 16-year-old Emma Chen, a coding whiz, stumbled across block 694,204 while tinkering online. The power to program her own money dawned on her. She grinned, diving into Bitcoinâs whitepaper with reckless glee.
**Block 694,205: The Shopkeeper**\
In Buenos Aires, Carlos Mendoza tallied his shopâs dwindling profits as block 694,205 ticked into existence. Sick of the pesoâs collapse, he found Bitcoinâan escape from financial quicksand. By nightfall, heâd downloaded a wallet app.
---
**Part II: The First Day (Blocks 694,206â694,343)**
**The Morning Wave (Blocks 694,206â694,247)**\
Over the next 42 blocksâabout seven hoursâas Asia slept and Europe stirred, the awakenings multiplied:
**Block 694,206**: A Swiss banker questioned her fiat career.
**Block 694,207**: A German programmer marveled at Bitcoinâs consensus beauty.
**Block 694,208**: A Korean gamer saw virtual gold turn real.\
The chain hummed, each block birthing new believers, ten minutes apart.
**The American Session (Blocks 694,248â694,295)**\
As Wall Street woke, blocks 694,248 to 694,295âeight hoursâmarked a finance-world reckoning:
**Block 694,248**: A Connecticut hedge fund manager saw through fiatâs illusions.
**Block 694,249**: A Chicago commodities trader grasped digital scarcity.
**Block 694,250**: A Texas pension admin envisioned a sounder future.\
Each block stamped a timestamp on their transformation.
**The Global South Rises (Blocks 694,296â694,343)**\
The dayâs final stretchâ48 blocks, eight more hoursâsaw the global south ignite:
**Block 694,296**: Brazilian students planned Bitcoin beach hubs.
**Block 694,297**: Indonesian merchants linked Lightning payment loops.
**Block 694,298**: South African miners turned solar power into hash rate.\
The chain pulsed, relentless, binding them all.
---
**Part III: The Network Effect (Beyond Block 694,343)**
**The Teachers (Block 694,344)**\
Sarah quit her job at block 694,344, coding Bitcoin education tools. Jamesâs platform launched, reaching Africaâs devs. Mariaâs NOSTR lectures spread, her voice a beacon.
**The Builders (Block 694,345)**\
At block 694,345, innovation bloomed: privacy upgrades, scaling fixes, Lightning finance tools. The awakened built atop the chain.
**The HODLers (Block 694,346)**\
By block 694,346, others simply heldâsilent sentinels whose faith grew with each block, each halving.
---
**Epilogue: The Endless Chain (Blocks Onward)**
The awakening rolled on, ten minutes at a time. Block 694,347 saw a Mumbai coder join Sarahâs cause. Block 694,348 brought a Nairobi merchant to Jamesâs platform. Block 694,349 swayed a Manila policymaker with Mariaâs words.
Every blockâ144 a dayâsparked new stories: dreamers seeking freedom, builders crafting tools, HODLers standing firm. Money, they understood, was too vital to be ruled by power. From block 694,200, the chain stretched forward, a living testament to scarcity, ownership, math over might.
Each block was a birth, each hash a heartbeat, each Bitcoiner a node in a network of financial truthâmarching on, block by block, toward a harder, sounder world, forever verified, never permissioned, growing but never diluted, ten minutes at a time.
-
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@ 629c4a12:f822cc1a
2025-02-23 20:27:36
This is test 2
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@ d34e832d:383f78d0
2025-02-23 19:53:32
Hockeypuck is an **OpenPGP keyserver** that allows users to publish, search, and retrieve **PGP public keys** for secure communication. It is designed for **federation** with other keyservers and supports a **high-performance, scalable** architecture.
---
## **ð ïļ Usage**
### **1. Public PGP Key Directory**
- Organizations, security researchers, and privacy-focused users can **publish and retrieve PGP keys** for encrypted email and document verification.
- Similar to **SKS Keyserver**, but actively maintained and more scalable.
### **2. Enterprise PGP Key Management**
- Companies can **host a private keyserver** for internal teams to share PGP keys securely.
- Prevents reliance on external keyservers like keys.openpgp.org.
### **3. Decentralized Identity and Key Distribution**
- Used in federated **PGP keyserver networks** like **Hockeypuck & SKS pools** to distribute OpenPGP keys across multiple servers.
- Useful for **distributed trust models** where multiple organizations manage keys collaboratively.
### **4. Bitcoin & Nostr Applications**
- Can be used alongside **Nostr** for key verification, ensuring public keys are retrievable for cryptographic signatures.
- Useful in **Bitcoin** applications where PGP-signed messages confirm identity.
### **5. Software Package Signing**
- Developers and package maintainers can **sign software updates** using OpenPGP, and end users can fetch public keys from Hockeypuck to verify authenticity.
- Example: **Debian and Arch Linux package signing**.
### **6. Secure Messaging**
- Supports secure email systems using **PGP-encrypted mail (e.g., ProtonMail, Thunderbird + Enigmail, Mailpile, etc.)**.
---
## **ð Key Benefits**
â
**Docker-Based Deployment** â Easily installable with **Docker** and **docker-compose**.
â
**Federated Keyserver** â Can join existing **PGP keyserver networks**.
â
**High-Performance Storage** â Uses PostgreSQL for better performance than older SKS keyservers.
â
**Supports HTTP & HTTPS** â Can be hosted publicly with **TLS encryption**.
â
**Fully Open Source** â Maintained as a modern alternative to SKS.
## **ð Signing a Nostr Event Using PGP & Verifying It on a Relay**
If Alice wants to **prove she controls `npub1xyz...`** using **PGP**, she can sign a Nostr event and publish both the event and signature.
---
### **ðđ Step 1: Create a Nostr Event (Kind 0)**
Alice generates a **Nostr profile metadata event**:
```json
{
"id": "xxxxxxxxxxxxxxxxxx",
"pubkey": "npub1xyz...",
"created_at": 1700000000,
"kind": 0,
"tags": [],
"content": "{ \"name\": \"Alice\", \"about\": \"PGP Verified Nostr User\" }"
}
```
She saves this as **`nostr_event.json`**.
---
### **ðđ Step 2: Sign the Event with PGP**
Alice uses GnuPG to sign the event:
```bash
gpg --clearsign --armor nostr_event.json
```
This creates **`nostr_event.json.asc`**, which contains the event with a **PGP signature**.
ðđ **Example of the signed event:**
```
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
{
"id": "xxxxxxxxxxxxxxxxxx",
"pubkey": "npub1xyz...",
"created_at": 1700000000,
"kind": 0,
"tags": [],
"content": "{ \"name\": \"Alice\", \"about\": \"PGP Verified Nostr User\" }"
}
-----BEGIN PGP SIGNATURE-----
iQIzBAEBCAAdFiEEbGSk4HTlMz5tG0tF0Y8fO3HTQYYFAmS8mOkACgkQ0Y8fO3HT
QYYX4w/+JwzbfM1EZ2F7H3yqbdGBJ2cGd...
-----END PGP SIGNATURE-----
```
---
### **ðđ Step 3: Upload the Signature to a Public Keyserver**
Alice submits her signed Nostr event to the **Hockeypuck keyserver**:
```bash
curl --data-binary @nostr_event.json.asc https://keyserver.example.com/pks/add
```
---
### **ðđ Step 4: Publish the Event to a Nostr Relay**
Alice **publishes the original event** to a Nostr relay:
```bash
curl -X POST https://nostr-relay.example.com/ -d @nostr_event.json
```
---
### **ðđ Step 5: Verification**
Anyone can **fetch Aliceâs PGP-signed event** and verify it:
```bash
curl "https://keyserver.example.com/pks/lookup?op=get&search=alice@nostr.example.com" | gpg --verify
```
If successful, it will show:
```
gpg: Good signature from "Alice <alice@nostr.example.com>"
```
---
### **â
Use Cases**
1. **Proving Ownership of a Nostr Public Key** with PGP.
2. **Bitcoin Applications**: PGP-signed messages can confirm identities for multisig coordination.
3. **Decentralized Web of Trust**: Verifying Nostr users via signed events.
---
Additionally a simple JS or python script could automate signing process.
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@ 3ffac3a6:2d656657
2025-02-23 19:40:19
## Renoters: Proposal for Anonymous Event Relaying in Nostr
*This document is a proposal and not an official NIP.*
This Document proposes "Renoters," a mechanism for anonymous event relaying in Nostr, inspired by the Mixminion remailer design. Renoters aim to enhance privacy by obscuring the origin of events, making it difficult to trace the author of a message.
### **Motivation**
While Nostr offers a decentralized platform, current relay mechanisms can potentially reveal the source of events. Renoters address this by introducing an onion-routing-like system where events are encrypted and relayed through a series of nodes, making it harder to link the event to its originator. This enhances privacy for users who wish to communicate anonymously or protect their identity.
In some totalitarian regimes, the use of Tor and VPNs is criminalized, making online anonymity dangerous. Even in some democratic countries, merely downloading Tor can mark individuals as suspects. This underscores the need for a decentralized and anonymous communication system that operates independently of commonly surveilled privacy tools.
### **Proposed Solution**
Renoters operate on the principle of "gift-wrapping" events, using asymmetric encryption. A user wishing to send an event anonymously performs the following steps:
1. **Event Creation:** The user creates the Nostr event they wish to publish.
2. **Renoter Path Selection:** The user selects a path of Renoters through which the event will be relayed. This path can be pre-configured or dynamically chosen.
3. **Gift Wrapping (Encryption and Signing):** The user encrypts and signs the event for each Renoter in the path, working in reverse order:
- A *new* random Nostr private key (`sk_wrapper`) is generated.
- The event (or the previously wrapped event) is encrypted using the *next* Renoter's Npub (`npub_next`) using Nostr's standard encryption mechanism (e.g., using shared secrets derived from the private key and the recipient's public key).
- A *new* Nostr event is created. This "wrapper" event's content contains the ciphertext. The wrapper event is signed using the newly generated private key `sk_wrapper`. The wrapper event also includes the next hop's `npub_next` (or the final destination if it's the last renoter) in cleartext, to allow for routing.
4. **Publication:** The user publishes the *first* gift-wrapped event (the one encrypted for the last Renoter in the path). This event is sent to a regular Nostr relay, which then forwards it to the first Renoter in the path.
5. **Renoter Relaying:** Each Renoter in the path receives the gift-wrapped event, verifies the signature using the `sk_wrapper`'s corresponding public key, decrypts it using its own private key, and forwards the decrypted event (now wrapped for the *next* Renoter) to the next Renoter in the path. This process continues until the event reaches the final Renoter.
6. **Final Delivery:** The final Renoter decrypts the event and publishes it to the Nostr network.
### **Example**
Let's say Alice wants to send an event anonymously through Renoters R1, R2, and R3.
1. Alice creates her event.
2. She generates a random private key `sk3` and encrypts the event with R3's public key `npub_r3`.
3. She creates a wrapper event containing the ciphertext and `npub_r3`, signed with `sk3`.
4. She generates a random private key `sk2` and encrypts the previous wrapper event with R2's public key `npub_r2`.
5. She creates a wrapper event containing this ciphertext and `npub_r2`, signed with `sk2`.
6. She generates a random private key `sk1` and encrypts the previous wrapper event with R1's public key `npub_r1`.
7. She creates a final wrapper event containing this ciphertext and `npub_r1`, signed with `sk1`.
8. Alice publishes this final wrapper event.
R1 decrypts with its private key, verifies the signature with the public key corresponding to `sk1`, and forwards to R2. R2 decrypts, verifies the signature with the public key corresponding to `sk2`, and forwards to R3. R3 decrypts, verifies the signature with the public key corresponding to `sk3`, and publishes the original event.
### **Renoter Incentives (using Cashu)**
To incentivize Renoters to participate in the network, this NIP proposes integrating Cashu tokens as a payment mechanism.
- **Token Inclusion:** When a user creates the initial gift-wrapped event (the one sent to the first Renoter), they include a Cashu token *within* the event content. This token is itself encrypted and wrapped along with the original message, so only the receiving Renoter can access it.
- **Renoter Redemption:** Upon receiving a gift-wrapped event, the Renoter decrypts it. If the event contains a Cashu token, the Renoter can decrypt the token and redeem it.
- **Renoter Behavior:** Paid Renoters would be configured *not* to relay events that do *not* contain a valid Cashu token. This ensures that Renoters are compensated for their service. Free Renoters could still exist, but paid Renoters would likely offer faster or more reliable service.
- **Token Value and Tiers:** Different Cashu token denominations could represent different levels of service (e.g., faster relaying, higher priority). This could create a tiered system where users can pay for better anonymity or speed.
- **Token Generation:** Users would need a way to acquire Cashu tokens. This could involve purchasing them from a Cashu mint or earning them through other means.
### **Security Threats and Mitigations**
- **Anonymity Against Correlation Attacks:** Even when using Tor, traffic patterns can still be analyzed to infer the origin of events. To mitigate this risk, Renoters can introduce:
- Random delays in event relaying.
- Dummy packets to complicate statistical analysis by malicious observers.
- **Replay Attacks:** To mitigate replay attacks, each Renoter must store, for a reasonable period, the IDs of received events and the decrypted events that were forwarded. This ensures that duplicate messages are not processed again.
- **Sybil Attacks:** Sybil attacks can be mitigated by requiring payments via Cashu tokens for relaying events, increasing the cost of launching such attacks. By ensuring that each relay operation has a monetary cost, attackers are discouraged from creating large numbers of fake identities to manipulate the network.
- **Traffic Analysis:** Traffic analysis can be mitigated by using Tor for Renoters. Routing events through the Tor network adds an additional layer of anonymity, making it more difficult to track message origins or infer sender-recipient relationships. While Renoters enhance privacy, sophisticated traffic analysis might still be a threat.
### **Operational Considerations**
- **Renoter Reliability:** The reliability of the Renoter network is crucial.
- **Latency:** Relaying through multiple Renoters will introduce latency.
- **Key Management:** While each layer uses a new key, the initial key generation and path selection process need to be secure.
This NIP provides a robust framework for anonymous event relaying in Nostr, leveraging encryption and Cashu-based incentives to enhance privacy and usability.
### **References**
- **Untraceable Electronic Mail, Return Addresses, and Digital Pseudonyms**: David L. Chaum (https://dl.acm.org/doi/10.1145/358549.358563)
- **Mixminion Design**: Mixminion: Design of a Type III Anonymous Remailer (https://www.mixminion.net/minion-design.pdf)
- **Nostr Protocol**: Official Nostr Documentation (https://github.com/nostr-protocol/nostr)
- **Cashu Token System**: Cashu: Ecash for Bitcoin Lightning (https://cashu.space/)
- **Tor Project**: The Tor Project - Anonymity Online (https://www.torproject.org/)
- **Onion Routing**: The Second-Generation Onion Router (https://svn.torproject.org/svn/projects/design-paper/tor-design.pdf)
#Privacy #Nostr #Anonymity #Crypto #CensorshipResistance #OnlinePrivacy #Decentralization #Encryption #Security #ThreatMitigation #Micropayments #CryptoEconomy #NextSteps #Development
-
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@ f3873798:24b3f2f3
2025-02-23 19:21:48
A liberdade de expressÃĢo e a descentralizaçÃĢo do poder estÃĢo intimamente ligadas ao avanço do pensamento humano e à construçÃĢo de uma sociedade mais justa e consciente. A evoluçÃĢo da compreensÃĢo sobre o certo e o errado surge da comunicaçÃĢo, da observaçÃĢo empÃrica e da anÃĄlise das consequÊncias de açÃĩes passadas.
Para que haja uma aproximaçÃĢo real com a verdade e uma relaçÃĢo equilibrada entre a razÃĢo da vida e o convÃvio com o poder, ÃĐ essencial garantir a liberdade de expressÃĢo. Somente por meio do livre debate de ideias ÃĐ possÃvel avaliar as diversas perspectivas, identificar erros e aprender com eles.
Embora a maioria das pessoas busque o aprendizado e a compreensÃĢo do que ÃĐ correto, o apego cego a uma ideia evidentemente equivocada pode fazer com que percam o real propÃģsito da busca pela verdade. Em vez de refletirem criticamente, muitos acabam apenas defendendo um erro pelo simples fato de se identificarem com ele.
Esse ÃĐ um dos motivos pelos quais a censura tem se tornado uma ferramenta tÃĢo temida e contestada. Ilude-se quem acredita que a censura existe apenas para combater crimes e golpes. Na realidade, quanto maior a censura, mais favorecidos sÃĢo aqueles que desejam ocultar informaçÃĩes, tornando ainda mais difÃcil a identificaçÃĢo e o combate a abusos.
Nos paÃses livres, onde a liberdade de expressÃĢo ÃĐ respeitada, hÃĄ maior autonomia nas decisÃĩes polÃticas e um engajamento mais ativo da populaçÃĢo. A participaçÃĢo cidadÃĢ fortalece o controle do povo sobre as influÊncias que moldam o convÃvio social, garantindo que o poder nÃĢo fique concentrado nas mÃĢos de poucos, mas distribuÃdo de forma mais democrÃĄtica e justa.
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@ 2e8970de:63345c7a
2025-02-23 18:38:06
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> 1 in 5 women with a BA are willing to marry a man without one
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> But crucially, the men without a BA married to women with a BA are those with better earnings. So women "marry down" educationally, not so much economically
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> Why aren't women without a BA marrying men without one? Short answer: economic viability. In areas where men from lower-income backgrounds are doing better. women are more likely to be married
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https://aibm.org/research/will-college-educated-women-find-someone-to-marry/
originally posted at https://stacker.news/items/895044
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@ 0f4795bf:a8365abe
2025-02-23 18:26:48
## Der neue Pareto-Client
Unter der Adresse <https://pareto.space/read> lÃĪsst sich der neue Pareto-Client aufrufen.
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Durch Klicken auf **Anmelden** (rechts oben) kann mit einem vorhandenen Nostr-Konto angemeldet werden oder ein neues Konto erstellt werden.
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Sofern schon ein Nostr-Konto vorhanden ist, kann nach Klick auf **Log in** einfach z. B. mittels Browser Extension angemeldet werden.
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Nach dem Anmelden wird das Profilbild rechts oben angezeigt und ggf. eine Kategorie mit den Artikeln der Autoren, denen man folgt.
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Nach Umschalten vom Leser- in den Autoren-Modus (Schalter oben, rechts neben Logo) werden die bereits verÃķffentlichten Artikel angezeigt.
Sollte der Schalter nicht angezeigt werden, bitte bei uns mit dem npub melden, damit wir ihn in die Liste der Pareto-Autoren aufnehmen kÃķnnen.
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Eine zweite Kategorie zeigt die bestehenden EntwÞrfe.
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Unter dem Punkt Bilder links lassen sich Bilder hochladen, die in Artikeln verwendet werden sollen.
Sollte noch kein Medien-Server (Blossom oder NIP-96) konfiguriert sein, wird angeboten, den Standard-Server des Pareto-Projektes zu nutzen.
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Nachdem der Server konfiguriert wird, werden alle hochgeladenen Bilder angezeigt.
Weitere Bilder lassen sich Þber den Knopf **Bilder hochladen** hinzufÞgen.
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Nach Auswahl des Punktes **Schreiben** wird der leere Pareto-Editor angezeigt.
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Neben dem Titel sollte auch die Zusammenfassung aufgefÞllt werden, da diese beim Teilen des Artikels (Telegram, Social Media, ...) neben dem Titel und dem Bild des Artikels angezeigt werden.
Das Bild kann durch Klicken auf den grauen Rahmen rechts oben gewÃĪhlt werden.
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Nach Doppelklick auf das gewÞnschte Bild wird es rechts neben Titel und Zusammenfassung angezeigt.
Neue Elemente kÃķnnen im Text durch Klicken auf das Plus-Symbol hinzugefÞgt werden.
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Neben Ãberschriften lassen sich so auch Zitate, AufzÃĪhlungen, Programm-Code, Tabellen und Bilder einfÞgen.
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Nachdem ein Bild-Element eingefÞgt wurde, kann es entweder mit einem Link auf ein Bild bestÞckt werden oder - durch Klicken auf "Select file" ein bereits hochgeladenes auswÃĪhlen.
Durch Klicken auf die kleine Sprechblase rechts oben in einem Bild lÃĪsst sich eine Bildunterschrift hinzufÞgen.
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### Markdown
Neben dem HinzufÞgen von Elementen Þber das Plus-Symbol kann natÞrlich auch direkt [Markdown-Auszeichnung](https://www.ionos.de/digitalguide/websites/web-entwicklung/markdown/) eingegeben werden.
Es gibt im Netz diverse Anleitungen fÞr Markdown. Allerdings gibt es im Kontext von Nostr die EinschrÃĪnkung, dass keine HTML-Elemente in Artikeln enthalten sein dÞrfen.
Durch Tippen eines Doppelkreuzes, gefolgt von einem Leerzeichen, lÃĪsst sich beispielsweise eine Ãberschrift einfÞgen
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### Besonderheiten
Der Pareto-Client stellt Links unterschiedlich dar, je nachdem, ob sie innerhalb eines Absatzes oder allein erscheinen.
*Links innerhalb eines Absatzes* werden ganz regulÃĪr dargestellt als Link, auf den der Leser klicken kann.
*Alleinstehende Links* (also ohne Text davor oder dahinter) hingegen werden ggf. mit einer Vorschau versehen und nach einmaligem Klick wird der Inhalt eingebettet dargestellt.
FÞr Links zu **YouTube**, **Odysee**, **Rumble**, **SoundCloud**, **[theplattform.net](https://tube.theplattform.net/)**, und andere kÃķnnen die Inhalte direkt im Artikel konsumiert werden.
Auch alleinstehende Links zu Dateien mit den Endungen .mp4, .mov, .mkv, .avi, .m4v und .webm (Videos) sowie .mp3, .wav, ogg (Audio) und .pdf (PDF-Dokumente) werden eingebettet dargestellt.
> **Tipp:**
>
> Beim Schreiben lÃĪngerer Artikel empfiehlt es sich, diese zwischendurch immer wieder als Entwurf zu speichern, um Datenverlust zu vermeiden.
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Oberhalb des Knopfes zum Speichern von EntwÞrfen wird immer der aktuelle Status des Artikels angezeigt.
SchlÞsselwÃķrter werden einfach durch Komma getrennt. Es ist Þblich, diese klein zu schreiben.
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Nach dem Speichern wird der Knopf deaktiviert.
Der Entwurf sollte anschlieÃend unter dem Punkt **Artikel** unter **EntwÞrfe** eingeblendet werden.
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Ein Klick auf **Bearbeiten** bringt den Entwurf wieder in den Editor.
Nach Klicken von **VerÃķffentlichen** kann noch die Liste der Nostr-Relays ausgewÃĪhlt werden, auf denen der Artikel verÃķffentlicht werden soll.
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Nach dem VerÃķffentlichen sollte der Status das entspr. anzeigen.
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Herzlichen GlÞckwunsch!
Dein erster Artikel wurde Þber den Pareto-Client verfasst und verÃķffentlicht!
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@ f7d424b5:618c51e8
2025-02-23 18:01:38
(This was originally posted on melonmancy.net which is a blog on write.as, an ActivityPub based blogging instance)
Listeners rejoice as we are joined today by [ironee212 @ shitposter.world](https://shitposter.world/ironee212)
Another major videogame release happened since we last recorded and it looks like a big stinker, or is it? All that and more in today's episode.
We mentioned a few things in the show you might want to pull up while listening, they are the following:
- [Avowed steam chart](https://steamdb.info/app/2457220/charts/)
- [TF2 SDK news](https://www.teamfortress.com/post.php?id=238809)
Obligatory:
- [Listen to the new episode here!](https://melonmancy.net/listen)
- [Discuss this episode on OUR NEW FORUM](https://melonmancy.cafe/d/103-mp101-my-favorite-body-type-b)
- [Get the RSS and Subscribe](https://feeds.rssblue.com/melonmancy-podcast) (this is a new feed URL, but the old one redirects here too!)
- Get a modern podcast app to use that RSS feed on at [newpodcastapps.com](http://newpodcastapps.com/)
- Or listen to the show on [the forum](https://melonmancy.cafe) using the embedded [Podverse](https://podverse.fm) player!
- [Send your complaints here](https://melonmancy.net/contact-us)
Reminder that this is a [Value4Value](https://value4value.info/) podcast so any support you can give us via a modern podcasting app is greatly appreciated and we will never bow to corporate sponsors!
Our podcast is created entirely with free software and is proudly hosted on [RSSBlue!](https://rssblue.com)
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@ 04ea4f83:210e1713
2025-02-23 17:38:11
Erschienen in [Citadel 21 Vol. 21](https://www.citadel21.com/are-you-tired-of-clown-world?ref=europeanbitcoiners.com) | VerÃķffentlichung 21.03.2023 \
Autor:Â [Knut Svanholm](https://twitter.com/knutsvanholm?ref=europeanbitcoiners.com)\
Ãbersetzt von:Â [Sinautoshi am 24.03.2023 - 782344](https://twitter.com/Sinautoshi_8_21?ref=europeanbitcoiners.com)\
\
RÞckblickend sieht das Jahr 2022 wie eine Art HÃķhepunkt aus. WÃĪhrend der GroÃteil der Gesellschaft weitgehend vergessen hat, was die politische Klasse ihren Untertanen wÃĪhrend der sogenannten Pandemie angetan hat, kotzte Hollywood weiterhin Inhalte aus, die von âdiversen" Regisseuren und Drehbuchautoren produziert wurden und bis zum Rand mit nicht ganz so subtilen Botschaften und Verachtung fÞr ihr Publikum gefÞllt waren.
Star Wars und Marvel haben nach der Ãbernahme durch Disney auf diese Weise Franchise-Mord begangen, und auch das Erbe von *Der Herr der Ringe* wurde von der linken Idiotie vergewaltigt und fÞr immer befleckt. Jetzt gibt es von jedem mÃĪnnlichen Avenger eine weibliche Version. Hugh Jackman, der Schauspieler, der frÞher die Hauptrolle des X-Men-Mutanten Wolverine spielte, empfahl seinen AnhÃĪngern in den sozialen Medien kÞrzlich Bill Gates' Buch Þber den Klimawandel.
Als Frauen verkleidete MÃĪnner gewinnen Sportmeisterschaften fÞr Frauen, und alle haben so viel Angst davor, als bigott bezeichnet zu werden, dass sich niemand traut, auf die AbsurditÃĪt hinzuweisen, dass ein Mann alle MÃĪdchen schlÃĪgt. Diese so genannten Sportler werden als âmutig" bezeichnet, obwohl sie alles andere als das sind.
Die Tatsache, dass es in einigen Berufen mehr MÃĪnner als Frauen gibt, wird als Problem angesehen, aber warum genau das ein Problem ist, wird selten erwÃĪhnt. Die Verdienste und die tatsÃĪchliche Meinungsvielfalt werden auf dem Altar der âVielfalt und Integration" geschlachtet.
Die Gesellschaft ist an einem Punkt angelangt, an dem die Verbraucher Ãrzten und AnwÃĪlten gerade wegen ihrer Hautfarbe misstrauen, da sie vermuten, dass sie deshalb in ihre Positionen gekommen sind und nicht wegen ihrer Kompetenz oder ihrer Verdienste. Noch vor zwanzig Jahren war die normale Bauchreaktion das Gegenteil: â*Wow, ein Arzt aus einer Minderheit! Sie mÞssen hart gearbeitet haben, um dorthin zu gelangen, wo sie heute sind!*"
Als ich aufgewachsen bin, wurde ein âRassist" als jemand definiert, der sich einen Dreck um die Hautfarbe oder die ethnische ZugehÃķrigkeit einer anderen Person scherte. Dasselbe galt fÞr das Wort âSexist" - man war ein Sexist, wenn man das Geschlecht einer Person bei der Beurteilung berÞcksichtigte.
Ich hatte das GefÞhl, dass die Welt seit den GrÃĪueltaten des Zweiten Weltkriegs im Kampf gegen diese Vorurteile einen weiten Weg zurÞckgelegt hatte und dass jeder eine anstÃĪndige Karriere in jedem Beruf machen konnte, wenn er sich nur anstrengte und sich MÞhe gab. Doch irgendwann in den frÞhen 2000er Jahren ÃĪnderte sich etwas.
PlÃķtzlich begannen die Worte das Gegenteil von dem zu bedeuten, was sie ursprÞnglich bedeuteten. PlÃķtzlich war jeder, der sich einen Dreck um seine Hautfarbe scherte, ein Rassist. Jeder, dem es egal war, ob der CEO eines groÃen Unternehmens ein Mann oder eine Frau war, war ein Sexist.
Im Jahr 2023 behaupten manche sogar, man sei ein âTransphobe", wenn man nicht gelegentlich Fellatio an einem âweiblichen Penis" betreiben will. Die TugendwÃĪchter laufen in der Tat Amok, und die Medienunternehmen lieben es. Sie lieben es, weil sie alles lieben, was die Kluft zwischen den Menschen schÞrt. Je verrÞckter die Aktionen der ClownweltÂŪ sind, desto wÞtender sind die Reaktionen der leichtglÃĪubigen, verÃĪrgerten Menschen auf der âvernÞnftigen" Seite des politischen Spektrums.
Die Menschheit neigt dazu, sich wie ein Pendel oder eine Abrissbirne zu verhalten, wenn es um politische Meinungen oder âdie aktuelle Sache" geht.
Wenn es zu viele blauhaarige, Þbergewichtige, lesbische, glutenintolerante, vegane UmweltschÞtzer gibt, taucht von irgendwoher eine Welle von Skinheads auf, die mit Steroiden vollgepumpt sind und gegen SamenÃķl und Fleischfresser sind.
FÞr jede Hillary Clinton gibt es einen Donald Trump. FÞr jede Greta Thunberg gibt es einen Andrew Tate. FÞr jeden CNN-Reporter gibt es einen Alex Jones.
Auch im Bitcoin-Bereich gibt es immer ein âaktuelles Thema", an das man sich klammern kann, wenn auch oft eine mÃĪnnlichere Idee als das âaktuelle Thema" des Mainstreams. Was nur wenige wissen, ist, wie faul diese Art des Denkens ist.
Wissenschaft ist nicht automatisch schlecht, nur weil âdie Wissenschaft" schlecht ist.
Nur weil man gelernt hat, dass alles, was die Regierung sagt, eine LÞge ist, ist nicht automatisch auch das Gegenteil wahr. Die Welt ist nuanciert; die meisten Dinge sind nicht schwarz oder weiÃ.
Was wahr und sehr schwarz-weià ist, ist das Geld - es gibt Bitcoin und es gibt Shitcoins. Nur wenn wir letztere fÞr erstere aufgeben, kÃķnnen wir die Politik aus dem menschlichen Handeln entfernen und uns auf eine gewisse Wahrheit in der Basisschicht der Zivilisation zurÞck arbeiten. Bitcoin belohnt weder Rent-Seeking noch faules Denken.
Die positiven Aspekte vieler moderner Technologien werden oft Þbersehen. Auch wenn sich die ClownweltÂŪ und die lÃĪcherlichen Ideen, die ihr folgen, wie ein Lauffeuer verbreiten, gibt es GrÞnde fÞr einen ungetrÞbten Optimismus fÞr die Zukunft.
Wir hÃķren oft von den Gefahren der sozialen Medien und wie sie die Gehirne unserer Kinder schÃĪdigen, aber wir werden selten an die Kehrseite der Medaille erinnert. Soziale Medien verbinden Menschen in einem AusmaÃ, das der Menschheit nie zuvor zugÃĪnglich war. Jeder Mensch auf der Welt kann heute mit jedem anderen in Kontakt treten und mit einem Mausklick einen Videoanruf starten. Das ist ein enorm wichtiges Instrument fÞr den Frieden. In Kombination mit Bitcoin haben die BÃķsewichte keine Chance mehr.
Wenn jeder auf diese Weise vernetzt ist, wird Þberdeutlich, wie absurd es ist, dass wir in Staaten mit unterschiedlichen Gesetzen und Vorschriften leben. Warum gelten fÞr meine Mitmenschen auf der anderen Seite dieses Teiches, dieses Flusses, dieses Gebirges oder sogar dieser imaginÃĪren Linie in der Erde andere Regeln?
Jeden Tag wachen mehr und mehr Menschen auf und erkennen, dass es nur ein einziges Menschenrecht gibt - das Recht, in Ruhe gelassen zu werden.
Immer mehr Menschen erkennen, dass die Geldentwertung kein natÞrliches PhÃĪnomen ist, sondern eine bewusste Politik. Es ist nur eine Frage der Zeit, bis die alte Welt verschwindet. Solange wir kommunizieren dÞrfen, gibt es Hoffnung. Das Internet hat bewiesen, dass sich jede Kommunikation auf eine Reihe von Einsen und Nullen reduzieren lÃĪsst, und Bitcoin hat bewiesen, dass Geld nichts anderes als Information ist.
-
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@ dbb19ae0:c3f22d5a
2025-02-23 16:38:41
Derive npub from nsec given as parameter
``` python
import argparse
import asyncio
from nostr_sdk import Keys, init_logger, LogLevel
async def main(nsec):
init_logger(LogLevel.INFO)
keys = Keys.parse(nsec)
public_key = keys.public_key()
print(f"Public key (hex): {public_key.to_hex()}")
print(f"Public key (npub): {public_key.to_bech32()}")
if __name__ == '__main__':
parser = argparse.ArgumentParser(description='Fetch all relay from a given nsec')
parser.add_argument('nsec', type=str, help='The nsec of the user')
args = parser.parse_args()
asyncio.run(main(args.nsec))
```
https://docs.rs/nostr_rust/latest/nostr_rust/keys/fn.get_public_key_from_secret.html
https://github.com/ev3rst/nostr_sdk_examples/blob/main/ns-derive-npub.py
-
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@ 2779f3d9:1a7f98d1
2025-02-23 15:20:19
# NOSTR SDK FOR APPLE PLATFORMS
## Progress Report # 2: Nov 2024 - Jan 2025
[Nostr SDK for Apple Platforms](https://github.com/nostr-sdk/nostr-sdk-ios) continued to make progress this quarter. I am still the sole part-time active developer and maintainer of Nostr SDK for Apple Platforms.
Implementations for a few NIPs were added or updated. The CI build pipeline was broken due to deprecated dependencies, which have since been fixed.
I pushed out a (controversial) [proposal](https://github.com/nostr-protocol/nips/pull/1770) to gracefully deprecate stringified JSON in favor of tags on user metadata kind 0 events to the NIPs repo as a pull request to improve consistency and reduce the complexity of reading and writing this commonly used kind. The SDK has become the first to [implement](https://github.com/nostr-sdk/nostr-sdk-ios/pull/212) with the hopes that others will follow.
We have had new external interest in the SDK from developers working on various Nostr clients:
- Damus has [copied the NIP-44 encryption implementation from the SDK](https://github.com/damus-io/damus/pull/2850/files#diff-5eb31bd8e6dc73d21bb3caef975a7f3508765e7f3ab01ecec545635ccb89d17c) for their use in [NIP-37 Draft Events](https://github.com/nostr-protocol/nips/blob/7cc120ecb01963e37f9adcd3b57b8efc1dd9e828/37.md), swapping out their previous usage of rust-nostr due to large binary size issues.
- [Fabian](nostr:npub1n0sturny6w9zn2wwexju3m6asu7zh7jnv2jt2kx6tlmfhs7thq0qnflahe) from Nostur contributed a [NIP-44 encrypt/decrypt example](https://github.com/nostr-sdk/nostr-sdk-ios/pull/204) to the SDK demo project to help him understand how it works and is [currently being used](https://github.com/nostur-com/nostr-essentials/blob/05e5452bb05c4c2e94ec9a78bb0c80d5123919a7/Sources/NostrEssentials/NIP-44/NIP44v2Encrypting.swift) by Nostur
- A new livestreaming Nostr client called [Swae](https://github.com/suhailsaqan/swae) has adopted the SDK, using Comingle as a reference client implementation.
Progress on the SDK this quarter has been slower than the previous quarter due to a shift in emerging priorities in Nostr. This quarter, I focused on building a native iOS Nostr event signer, as none exist today. The problem is that some iOS users do not fully trust pasting their private key into Nostr clients, which they fear could be buggy or malicious in accessing and signing bad data with their private key. A native signer on Android called Amber already exists, and there has been an increase in demand from users for an equivalent solution on iOS. The iOS signer app is called [Yeti](https://github.com/tyiu/Yeti) (credit to [Karnage](nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac) for the name and Figma designs) and I'm using Nostr SDK for Apple Platforms and its demo app as a [test bed](https://github.com/nostr-sdk/nostr-sdk-ios/tree/tyiu/signer-demo) for this experimental cross-app communication protocol that will eventually be proposed as a NIP. I hope iOS clients adopting the SDK will get built-in standardized event signing protocol capabilities, tightening up this attack vector.
This report marks the end of the six-month grant period, as agreed with OpenSats. I thank OpenSats for supporting Nostr SDK for Apple Platforms, other Nostr projects, and the developer community. I will re-apply for a grant at OpenSats for the SDK, Yeti, or other impactful Nostr projects.
## 1) How did you spend your time?
Below is a broken-down summarized bulletpointed list of completed tasks.
### Development of Nostr SDK for Apple Platforms
#### Added
- [NIP-37 Draft Events](https://github.com/nostr-protocol/nips/blob/master/37.md)
- [NIP-44 encrypt/decrypt example to demo project](https://github.com/nostr-sdk/nostr-sdk-ios/pull/204)
### Updated
- [Updated NIP-11 Relay Information Document implementation](https://github.com/nostr-sdk/nostr-sdk-ios/pull/201) to support all the newly added fields
- [Renamed ParameterizedReplaceableEvent to AddressableEvent and NonParameterizedReplaceableEvent to NormalReplaceableEvent](https://github.com/nostr-sdk/nostr-sdk-ios/pull/205) to conform to the [new terminology](https://github.com/nostr-protocol/nips/pull/1418) in the NIPs repo
- Gracefully deprecated stringified JSON in favor of tags on user metadata kind 0 events, being the first to implement the [not-yet-merged proposal](https://github.com/nostr-protocol/nips/pull/1770) to NIP-01/NIP-24
### Fixed
- Fixed broken CI build pipeline
- [Fix GitHub workflow for running build and test](https://github.com/nostr-sdk/nostr-sdk-ios/pull/202)
- [Upgrade upload-pages-artifact from deprecated version to v3 to fix build](https://github.com/nostr-sdk/nostr-sdk-ios/pull/207)
- [Upgrade deploy pages action to v4 to fix build](https://github.com/nostr-sdk/nostr-sdk-ios/pull/208)
#### In Progress
- Native iOS event signing protocol, using the [SDK as a test bed](https://github.com/nostr-sdk/nostr-sdk-ios/tree/tyiu/signer-demo)
## 2) What do you plan to work on next quarter?
The top priorities will be developing the native iOS event signing protocol, building out Yeti, and integrating the iOS signing protocol into the SDK.
I will continue maintaining and developing the SDK, albeit at a slower pace:
- Deprecate EventCreating protocol in favor of NostrEventBuilding protocol for the remaining event kinds
- Add or update implementations for various NIPs where critical or needed
- Support clients as they integrate with parts of the SDK by answering questions, fixing any issues they have, adding requested features, and reviewing pull requests
## 3) How did you make use of the money?
Living expenses.
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@ 8d34bd24:414be32b
2025-02-23 12:49:20
I recently wrote a post â[What? Do Not Pray For ...](https://trustjesus.substack.com/p/what-do-not-pray-for)â where I shared a passage telling us not to pray for the nation of Israel (at a particular point in time). Before reading this post, I strongly encourage you to read that post first.
The verse in question was:
> âAs for you, **do not pray for this people, and do not lift up cry or prayer for them, and do not intercede with Me; for I do not hear you**. Do you not see what they are doing in the cities of Judah and in the streets of Jerusalem? The children gather wood, and the fathers kindle the fire, and the women knead dough to make cakes for the queen of heaven; and *they* pour out drink offerings to other gods in order to spite Me. Do they spite Me?â declares the Lord. âIs it not themselves *they spite,* to their own shame?â (Jeremiah 7:16-19) {emphasis mine}
Jeremiah was told not to pray blessings on Israel because Israel had turned away from God and were serving other Gods.
I was just listening to a âRenewing Your Mindâ podcast and the speaker made the statement, âWe all want to say, âGod bless America,â but we donât want to hear, âGod curse America.ââ That made me contemplate, âShould we ask God to bless America?â
Over the past decade or more (probably several decades), America has been using its military and economic might to push actions around the globe that are abhorrent to God. We give aid to countries if they legalize and fund abortions, if they promote gay marriage, and if they encourage transgender surgeries and chemical castration. They encourage people and nations to murder unborn children, to redefine marriage as different than what God created it to be, and to sterilize young people confused about their gender, breaking both Godâs good creation of male and female and \
His command to be fruitful and multiply. You could make the argument that the US has been the largest purveyor of evil in the world. (It breaks my heart to say this.)
It is true that with the past election, America has turned away from many of these evil actions, but have Americans truly repented and turned back to God? I am convinced that neither our leaders nor most of our people have turned back to God in any significant way. It is like famous atheist, Richard Dawkins, saying he misses Christian culture but continuing to reject God and make fun of actual Christians. We canât have it both ways. We canât have Godâs blessings without God.
Now I am not saying that we shouldnât pray for America. It is totally appropriate to pray for revival in America. It is good to pray for Americans to repent of their sins and to trust in Jesus. It is great to pray for God to help us to share the gospel and to produce fruit. The issue is that we shouldnât pray for Americaâs blessing while she has turned her back on God.
Obviously there are a decent number of Christians in America. That and the fact that America was founded on Christian principles actually means that America will be punished harsher than those nations where people have had little knowledge of the Bible and Jesus. Those who have been shown the gospel and still rejected God will be held to a higher standard and will be punished harsher than those who have never heard the gospel.
I ask you to pray that God would bring revival to America, that He would turn hearts and minds to Himself, and that He would draw our leaders to submit in full trust and obedience to Him. I also pray that God would help all of believers to be faithful stewards with all of the blessings with which He has already showered us and to use us to shine the light of the gospel with America and the rest of the world. I pray that He would help us to live lives fully devoted to Him and will help us to stand out from the crowd of pseudo-Christians and normal people, so we can be used to draw America back to God.
Unfortunately, we may be in a situation, like Jeremiah and Israel, where the nation has turned so far from God that we will be rejected in the same way they reject Jesus. We may have to look upon the nation we love and let go because our citizenship is in heaven. We need to always be more devoted to God and His kingdom than we are to our earthly citizenship.
> âSon of man, if a country sins against Me by committing unfaithfulness, and I stretch out My hand against it, destroy its supply of bread, send famine against it and cut off from it both man and beast, even though these three men, Noah, Daniel and Job were in its midst, by their own righteousness they could only deliver themselves,â declares the Lord God. (Ezekiel 14:13-14)
May God guide you in your prayers, your actions, and your faith so that you will be a light in the darkness and never forget where your allegiance lies. I pledge allegiance to my God, my Lord, and my Creator, and to Him alone does my allegiance belong.
Trust Jesus
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@ 95cb4330:96db706c
2025-02-23 12:38:57
Embracing asynchronous work can significantly enhance productivity and reduce burnout by allowing individuals to work according to their own schedules without the pressure of immediate responses. This approach fosters deep, focused work and minimizes unnecessary interruptions.
---
## Understanding Asynchronous Work
- **Definition:**
Asynchronous work refers to a work style where employees complete tasks and communicate on their own time, without the expectation of immediate feedback. This contrasts with synchronous work, which requires real-time interaction.
---
## Benefits of Asynchronous Work
- **Enhanced Productivity:**
By reducing the need for constant real-time communication, employees can focus on tasks without frequent interruptions, leading to improved efficiency.
- **Flexibility:**
Employees can work during their most productive hours, accommodating personal schedules and time zones, which promotes a healthier work-life balance.
- **Reduced Burnout:**
The autonomy to manage one's workload and schedule can decrease stress and prevent burnout.
---
## Implementing Asynchronous Work
1. **Limit Meetings:**
Reduce the number of real-time meetings. When meetings are necessary, keep them concise and focused.
2. **Utilize Asynchronous Communication Tools:**
Employ platforms like email, project management software, and collaborative documents that allow team members to contribute on their own schedules.
3. **Set Clear Expectations:**
Establish guidelines for response times and project deadlines to ensure alignment and accountability.
4. **Encourage Deep Work:**
Promote periods of uninterrupted work to allow employees to engage deeply with complex tasks.
---
## Jeff Bezos's Approach to Time Management
Jeff Bezos, founder of Amazon, is known for his strategic approach to time management, which aligns with asynchronous principles:
- **Morning Routine:**
Bezos avoids early morning meetings, preferring to start his day with personal time that includes having coffee and reading the newspaper.
- **"Two-Pizza Rule":**
He limits meetings to a size that can be fed with two pizzas, ensuring they remain small and focused.
- **Intentional "Do Nothing" Time:**
Bezos schedules periods with no planned activities, allowing for reflection and spontaneous thought, which can lead to innovative ideas.
---
## Action Step
Evaluate your current work processes to identify areas where asynchronous methods can be applied. Start by reducing unnecessary meetings and implementing tools that facilitate communication without requiring immediate responses. This shift can lead to increased productivity, flexibility, and overall job satisfaction.
By adopting asynchronous work practices, you empower yourself and your team to work more efficiently and harmoniously, aligning work schedules with personal productivity peaks and reducing the risk of burnout.
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@ 04ea4f83:210e1713
2025-02-23 10:43:38
VerÃķffentlicht auf [Discreetlog.com](https://www.discreetlog.com/no-privacy-no-freedom/?ref=europeanbitcoiners.com) am 17.04.2023\
Originalautor:Â [Matt Odell](https://twitter.com/ODELL?ref=europeanbitcoiners.com)\
Ãbersetzt von:Â [Sinautoshi am 20.05.2023 - 790600](https://twitter.com/Sinautoshi_8_21?ref=europeanbitcoiners.com)
*âPrivatsphÃĪre ist fÞr eine offene Gesellschaft im elektronischen Zeitalter notwendig. PrivatsphÃĪre ist keine Geheimhaltung. Eine private Angelegenheit ist etwas, von dem man nicht mÃķchte, dass es die ganze Welt erfÃĪhrt, aber eine geheime Angelegenheit ist etwas, von dem man nicht mÃķchte, dass es irgendjemand erfÃĪhrt." PrivatsphÃĪre ist die Macht, sich der Welt selektiv zu offenbaren.â* **- Eric Hughes, [A Cypherpunk's Manifesto](https://www.activism.net/cypherpunk/manifesto.html?ref=discreetlog.com) , 1993**
**PrivatsphÃĪre ist fÞr die Freiheit unerlÃĪsslich.** Ohne PrivatsphÃĪre ist der Einzelne nicht in der Lage, frei von Ãberwachung und Kontrolle Entscheidungen zu treffen. Mangelnde PrivatsphÃĪre fÞhrt zum Verlust der Selbstbestimmung. Wenn Einzelpersonen stÃĪndig Þberwacht werden, schrÃĪnkt dies unsere FÃĪhigkeit ein, uns auszudrÞcken und Risiken einzugehen. Alle Entscheidungen, die wir treffen, kÃķnnen negative Auswirkungen auf diejenigen haben, die uns Þberwachen. Ohne die Freiheit, Entscheidungen zu treffen, kann der Einzelne nicht wirklich frei sein.
**Freiheit ist fÞr den Erwerb und Erhalt von Wohlstand von entscheidender Bedeutung.** Wenn der Einzelne nicht die Freiheit hat, Entscheidungen zu treffen, hindern uns EinschrÃĪnkungen und BeschrÃĪnkungen daran, wirtschaftliche Chancen zu nutzen. Wenn es uns in einem solchen Umfeld irgendwie gelingt, Wohlstand zu erlangen, kann mangelnde Freiheit zur direkten Beschlagnahme von VermÃķgenswerten durch Regierungen oder andere bÃķswillige Organisationen fÞhren. Wenn die Freiheit gefÃĪhrdet wird, fÞhrt dies im groÃen MaÃstab zu weitverbreiteter wirtschaftlicher Stagnation und Armut. Der Schutz der Freiheit ist fÞr den wirtschaftlichen Wohlstand von wesentlicher Bedeutung.
Der Zusammenhang zwischen **PrivatsphÃĪre, Freiheit und Wohlstand** ist entscheidend. Ohne PrivatsphÃĪre verliert der Einzelne die Freiheit, frei von Ãberwachung und Kontrolle Entscheidungen zu treffen. WÃĪhrend der Mangel an Freiheit den Einzelnen daran hindert, wirtschaftliche Chancen wahrzunehmen, und den VermÃķgenserhalt nahezu unmÃķglich macht. ***Keine PrivatsphÃĪre? Keine Freiheit. Keine Freiheit? Kein Wohlstand.***
Rechte werden nicht gewÃĪhrt. Sie werden eingenommen und verteidigt. Rechte werden oft als Erlaubnis der Machthaber missverstanden, etwas zu tun. Wenn dir jedoch jemand etwas geben kann, kann er es dir grundsÃĪtzlich nach Belieben wegnehmen. Im Laufe der Geschichte haben Menschen zwangslÃĪufig fÞr Grundrechte gekÃĪmpft, darunter PrivatsphÃĪre und Freiheit. Diese Rechte wurden nicht von den Machthabern gegeben, sondern durch Kampf eingefordert und erkÃĪmpft. Selbst nachdem diese Rechte erlangt wurden, mÞssen sie kontinuierlich verteidigt werden, um sicherzustellen, dass sie nicht weggenommen werden. **Rechte werden nicht gewÃĪhrt â sie werden durch Kampf erworben und durch Opfer verteidigt.**
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@ 42342239:1d80db24
2025-02-23 10:00:20
Europe's economic framework requires restructuring grounded in realism. The Commission's Competitiveness Compass, alas, reveals dangerous left-hemisphere dominance and risks repeating Mao's mistakes.
The European Commission presented its "competitiveness compass" in January. There will be massive investments in biotechnology, materials technology, medicines, space, and the defence industry. AI gigafactories are to be established, while Europe will "maintain its leadership in quantum technologies" (a leadership that few seem to be aware of). This will be achieved through more environmental labelling schemes, nature credits, procurement rules, platforms, cooperation plans, and coordination systems. Although the report contains some bright spots, such as promises to ease the regulatory burden, **the overall picture is strikingly lacking in creativity**. Instead, we are mainly met with the usual thought patterns of the European technocracy, which manifest in additional centralised frameworks, quantifiable goals, and annual reports. Mao's ghost haunts Brussels.
#### The Missing Half of Europe's Brain
Iain McGilchrist, a British psychiatrist and philosopher, has launched the hemispheric hypothesis (a theory about how the two hemispheres of the brain work). The left hemisphere is more detail- and control-oriented, while the right hemisphere is holistic and creative. A society dominated by the left hemisphere, [like our own according to McGilchrist](https://www.youtube.com/watch?v=WYB7P-xPRsk), "would see it as its task to control everything maximally." **The Commission's compass appears similarly lobotomised , prioritising measurable processes over imaginative solutions.**
In an earlier text, I mentioned that Europe might need to return [to its roots](https://www.affarsvarlden.se/kronika/enlund-lar-av-elon-musk-vi-behover-ett-mer-radikalt-europa) and asked if Europe should have "the same end goal as China." This is still a relevant and justified question. But if we are honest, China has implemented a series of well-thought-out reforms since the 1980s, in addition to its many well-known and large-scale investments. It is not necessarily wrong to be inspired by China, as many believe; it depends on which China you are inspired by.
#### Lessons from the Cat Theory
When Deng Xiaoping returned to power in the late 1970s, he chose a more pragmatic approach than his predecessors. China left Mao Zedong's purges of dissidents behind. Instead, he launched the cat theory: **"it doesn't matter what colour the cat is as long as it catches mice"**, regarding economic development. It was now free to experiment with different models. Instead of ideological conformity, the most important thing was to increase productivity and material prosperity.
What was done in China?
* Companies and individuals were given more freedom
* Provinces and municipalities were given more autonomy
* Special economic zones were established, with different conditions and rules
* Programs to increase the number of banks were introduced
* The banking sector was deregulated
* Property rights and contract law began to be respected
China has since gone from being an economic backwater to not only being the world's largest economy in terms of purchasing power but also a [global tech contender](https://www.aspi.org.au/index.php/report/critical-technology-tracker) (leading in 37 out of 44 key technologies per ASPI).
#### EU's Compliance Obsession vs Chinese Pragmatism
And today, when China is astonishing the world with surprisingly cheap and competent AI systems, which recently set American tech stocks in motion, in the EU one is met with advertisements for yet another compliance training, this time about AI. **Every new compliance training echoes Mao's ghost** â ideological correctness overriding practical results. Is prosperity really built with certifications, directives, requirements, and penalties?
When we compare the Chinese experience with today's EU, the contrast is clear:
* Freedoms are curtailed. The right to privacy is undermined (Chat Control, etc.)
* Member states' ability to self-govern is reduced, year by year
* Streamlining and harmony are popular buzzwords in the bureaucracy
* The ECB is actively working to reduce the number of banks
* The banking sector is being regulated more and more
* Property rights and contract law are being eroded, which can be partly attributed to [developments in payment systems](https://underorion.se/en/posts/freedom_to_transact/)
Deng's cat theory was an example of when the right hemisphere was involved in decision-making. Rather than just focusing on details (the cat's colour), the whole (the result) was important. **The Chinese proverb "cross the river by feeling the stones" is another example of more holistic thinking**. Under Deng's leadership, reforms were first tested in a free zone or a province. After a while, the reforms could be evaluated before they were possibly implemented on a larger scale. "Try before you buy" is also a wise principle that follows from complexity research. In sharp contrast to this approach was Mao's "Great Leap Forward," a part of a disastrous five-year plan that shows what can happen when the left hemisphere is given too much power. A tragedy of historic proportions - a mass famine - resulted. While Deng exorcized Mao's ghost through pragmatic experimentation, Brussels seems determined to resurrect. **Today's EU risks repeating Mao's mistake of letting political abstractions ("green transition! digital decade!") override reality** â Mao's ghost surely smiles at nature credit schemes replacing actual market signals.
#### Mao's ghost trives on the ontological mistake
The serious problems that the EU is facing have been built up over decades and stem from incorrect assumptions. The economy is not complicated. It is complex. The concepts are often confused, but they describe two fundamentally different things. The complicated refers to something composite, but which can still be unfolded and then folded back up again without changing its essence. The complex, on the other hand, refers to something entangled, where every attempt to divide it changes its character. Compare, for example, an airplane engine with a bÃĐarnaise sauce. If you mix up the concepts, you make an ontological mistake, a philosopher would say. A programmer would say: garbage in, garbage out. **Mao's ghost thrives on this ontological error**, convincing technocrats they can blueprint society like a Soviet tractor factory.
**When a system is complicated, predictable, and linear, centralised coordination and control by the left hemisphere can work well.** But in complex systems, it can never be a solution because it leads to reduced adaptability and increased system risks. Instead, the goal should be diversity and decentralisation, which provide greater adaptability! The faster the changes of the system or in the environment, the greater the demands on adaptability and flexibility - if the system is to survive, that is. Increased diversity and decentralisation would not only increase adaptability and flexibility but also promote creativity, an ability that will likely become increasingly important in a world where AI and automation are changing the rules.
#### A better path forward
Europe's economic framework requires restructuring grounded in realism. The Commission's competitiveness compass - fixated on metrics and control - reveals dangerous left-hemisphere dominance, echoing Maoist central planning's epistemological errors. Our path forward demands:
* Dual-brain governance (prioritising creativity over control)
* Banishing of category mistakes (acknowledging the complex adaptive nature of the economy)
* Pragmatism over ideology (policy sandboxes inspired by China's special economic zones)
* Anti-fragile design (increased autonomy of EU nations, within states, and decentralised banking)
* Sunset clauses on all bureaucracy (regulators cannot originate breakthroughs)
The alternative? Another technocratic Great Leap Forward - eco-certified, AI-monitored, but economically brittle and fundamentally maladapted to the complex global economy. **As Deng's reformers understood: no institutional architecture, not even the First Emperor's Terracotta Army, can withstand modernity's tide.**
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@ 41fa852b:af7b7706
2025-02-23 09:41:15
> "Paper money eventually returns to its intrinsic value, zero." --Voltaire
* * *
**Lots happening this coming week for UK Bitcoiners, so there is plenty to report for this edition.**
There are ten meetups for the coming week, two new businesses, and two new events, and we have a new sponsor, [Bitcoin Metalworks](https://bitcoinmetalworks.com/). Check out their amazing Bitcoin-inspired artwork at the bottom of the ad section.
Let's dive inâĶ
* * *
[](https://bitcoinevents.uk/donate/)
* * *
_This week's sponsor isâĶ_
[](https://www.orangepillapp.com/?utm_source=BEUK&utm_medium=email&utm_campaign=BEUK)
* * *
### **Upcoming Bitcoin Meetups**
Happening this weekâĶ
1. [**Real Bedford - Home Game**](https://www.realbedford.com/real-bedford-v-aylesbury-united2): Peter MacCormack's boys are at home this Tuesday the 25th, playing Aylesbury United. Join them for a 19:45 kickoff. â―ïļ
2. [**Leamington Spa**](https://t.me/leambitcoin): Meetups on the last Tuesday of each month at 7 PM. You'll find them this month at the White Horse, CV32 5PZ on the 25th. ðŧ
3. [**Bitcoin Surrey**](https://x.com/bitcoinsurrey/status/1888974122358641007): On Tuesday, February 25th, from 18:00 to 23:00, Bitcoin Surrey is hosting a special meetup focused on Bitcoin art at Yiayias at The Fox, located at 21 Frensham Road, Lower Bourne, Farnham, Surrey GU10 3PH. The event features a fireside chat and talk at 19:00 by artist and curator Rebel Money Art, titled "Bitcoin Art: The New Revolution," discussing the evolution and future of Bitcoin art. Additionally, the venue's upstairs will be transformed into a pop-up Bitcoin art gallery for the evening, showcasing works by various international artists, including Cryptograffiti, RYR, HodlxHold, Flo Montoya, Sham Shad, 2140 Collective, Mr Hansel, Asanoha, No Good, and Rebel Money Art. Bitcoin is accepted at the venue and entry is free. ðŧðžïļðĻ
4. [**Brighton Bitcoin**](https://t.me/brighton_btc): Building a bitcoin community in the Brighton & Hove area. A regular informal meetup happens every last Wednesday of the month at [Indian Summer](https://www.indiansummerbrighton.co.uk/) where they accept bitcoin payments. The meetup starts at 20:00, or 19:00 if you'd like to eat first. ðĨðŧ
5. [**Manchester Bitcoin**](https://btcmap.org/community/bitcoin-manchester): On the 27th, Manchesters Bitcoin will be at The Smithfield Market Tavern. Join them at 19:00. ðš
6. [**Cyphermunk House - Constellation Money**](https://btcpay.btc.aw/apps/3KBnXP178MWUvGGizGKsgFQrKoaY/pos): Exploring unconscious blocks and hidden patterns in your relationship to money. At 18:30 on Thursday 27th. ðĻðŧâð
7. [**The Satoshi Society - Southampton**](https://x.com/satssociety): Join a friendly group of bitcoiners at The Maritimo Lounge, Ocean Village on Friday the 28th for food and a Bitcoin chat. ðš
8. [**Bitcoin Walk - Edinburgh**](https://bitcoinwalk.org/): Every Saturday they walk around Arthur's Seat in this historic city. Join them at 12 pm to chat about all things Bitcoin and keep fit. ðķð―ââïļðķðžââïļðķðŧ
9. [**Leeds Bitcoin Network**](https://t.me/LeedsBTC): The first Sunday of every month the Leeds Bitcoin Network meet at the [Global Tribe Cafe](https://www.globalcrystals.com/), LS1 6LG at 1 PM on Sunday 2nd March. âïļ
10. [**Cyphermunk House - Repair Party**](https://btcpay.btc.aw/apps/3KBnXP178MWUvGGizGKsgFQrKoaY/pos): Watch, learn and get hands-on experience at this community lead electronic repair training workshop. UK Plug, Laptop, Kettle, toaster... On Sunday 2nd March at 10:00. ðĻðŧâð§ð ïļ
* * *
### New Businesses Accepting Bitcoin
- [**Hollins Mill**](https://btcmap.org/merchant/node:236019804): This traditional English Pub in Sowerby Bridge specialises in craft beers and ales, 50+ gins, and has a large beer garden and function room for up to 120 people. Perfect for weddings, christenings and birthday parties. Now accepting bitcoin!
- [**Alema Coffee**](https://www.alemacoffee.com/): Some great work is going on behind the scenes in Bury St Edmunds. Expect some new businesses to appear here as Bitcoin East onboard them. Alema's Coffee is grown on a family farm in Ecuador and sent directly to Alema coffee for roasting. You can visit them at 2 High Baxter Street, Bury St Edmunds, IP33 1ES for some exceptional, hand-crafted coffee, paid for with bitcoin.
* * *
### Upcoming Special Events
These events aren't happening next week, but they're important to add to your calendar now as tickets are selling fast.
- [**Eat and Meet with Joe Bryan**](https://orangepill.app.link/MDg7o8KxcRb): Meet the creator of 'Whats the Problem' and a host of bitcoiners at the Weeping Willow in Bury St Edmunds. Starting at 18:00 on Tuesday March the 4th.
[](https://orangepill.app.link/MDg7o8KxcRb)
- [**CheatCode 2025**](https://www.cheatcode.co.uk/) - Peter McCormack hosts the CheatCode conference, following last year's success. This year, international guest speakers include Preston Pysh, Alex Gladstein, Natalie Brunell, Matthew Pines, Steve Baker, Ben Arc, and Checkmate.
Friday, April 11th, is the main conference day, followed by a huge meetup at Ledger Park for the men's Real Bedford match, and again on Sunday for the women's match. Check out the link for ticket details.
[](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcb0553a-dc8c-4fb7-98dd-4a95085d83a5_1500x500.png)
* * *
**Get Involved**
- **Volunteer Opportunities**: [Bridge2Bitcoin](https://bridge2bitcoin.com/) is actively seeking volunteers who share our passion for merchant adoption. We'd be delighted to connect if you're eager to contribute. Reach out to us on [Twitter](https://x.com/bridge2bitcoin) or through our [website](https://bridge2bitcoin.com/).
- **Start Your Own Meetup**: Interested in launching a Bitcoin meetup? We're here to support you every step of the way. We've assisted numerous UK Bitcoin meetups in getting started. Get in touch via [Twitter](https://x.com/bitcoineventsuk).
- [**Contribute to BTCMaps**](https://wiki.btcmap.org/general/tagging-instructions.html): BTCMaps is a vital part of the Bitcoin ecosystem. It's a perfect project to get involved with if you're not a coder or even that technical. A great way to give back to the community. Maintain an area of the UK and keep it up-to-date.
- **Telegram users**: You might find our [Telegram Channel](https://t.me/BitcoinEventsUKHub) another useful way to keep up-to-date with UK meetups.
- **Feedback and Suggestions**: We value your input! Share your ideas on how we can enhance this newsletter.
* * *
_This week's sponsors areâĶ_
[](https://orangecoinstore.com/)
[](https://bitcoinretreat.co.uk/)
[](https://bitcoinmetalworks.com/)
* * *
Get out and support the meetups where you can, visit [Bitcoin Events UK](https://bitcoinevents.uk/) for more info on each meetup and to find your closest on the interactive map.
Stay tuned for more updates next week!
Simon.
[](https://bitcoinevents.uk/donate/)
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@ 6a3d3f20:6a569bcc
2025-02-23 08:50:19
Imagina un internet donde tÚ tienes el control, donde nadie puede silenciarte y donde las conexiones entre personas fluyen sin barreras corporativas. Esto no es un sueÃąo lejano, ÂĄes la realidad que estÃĄ tomando forma gracias a Nostr! Este protocolo **descentralizado**, nacido en 2020 de la mente ingeniosa de un desarrollador brasileÃąo conocido como *fiatjaf*, ha surgido como una respuesta vibrante a los desafÃos del internet actual. En un mundo donde las redes sociales centralizadas han comenzado a tambalearse bajo el peso de la **censura**, la privacidad comprometida y el control excesivo, Nostr llega como un soplo de aire fresco, prometiendo devolvernos el poder sobre nuestra voz y nuestros datos.
## CÃģmo surge Nostr
El nacimiento de Nostr no fue un accidente, sino una reacciÃģn a un panorama digital que pedÃa a gritos un cambio. Hacia finales de la dÃĐcada de 2010, plataformas como **Twitter** enfrentaban crecientes crÃticas por sus polÃticas de **moderaciÃģn**, dejando a muchos usuarios frustrados y silenciados. Al mismo tiempo, alternativas como **Mastodon** o **ActivityPub**, aunque descentralizadas, no terminaban de cuajar para todos debido a su complejidad tÃĐcnica o diferencias culturales. Fue en este caldo de cultivo donde *fiatjaf*, inspirado por la resistencia de **Bitcoin** y su criptografÃa de clave pÚblica, lanzÃģ **Nostr** en noviembre de 2020. Pero el verdadero punto de inflexiÃģn llegÃģ en diciembre de 2022, cuando *Jack Dorsey*, cofundador de Twitter, donÃģ 14 bitcoins (unos 250,000 dÃģlares) al proyecto. ÂĄEse fue el momento en que Nostr pasÃģ de ser un secreto de la comunidad *web3* a brillar en el radar global!
## Una evoluciÃģn que no para de sorprendernos
Desde sus humildes comienzos, Nostr ha crecido a pasos agigantados. Su diseÃąo es simple pero poderoso: "*Notes and Other Stuff Transmitted by Relays*" (Notas y otras cosas transmitidas por relevadores) usa servidores ligeros llamados *relays* para distribuir mensajes firmados criptogrÃĄficamente por los usuarios. ÂŋLo mejor? No depende de un servidor central, lo que lo hace prÃĄcticamente ++imposible de censurar++. En sus primeros aÃąos, era un terreno experimental, con aplicaciones como **Damus** (un cliente tipo Twitter) abriendo camino. Hoy, en 2025, la escena es vibrante: desde **Primal 2.0**, con bÚsquedas avanzadas y feeds personalizados, hasta integraciones con la **Lightning Network** de Bitcoin, que permite "**zaps**" (*micropagos*) para apoyar a creadores. Los desarrolladores no paran de innovar, creando desde marketplaces descentralizados hasta sistemas de identidad, demostrando que Nostr es mucho mÃĄs que una red social: ÂĄes una base para reinventar el internet!
## La importancia de Nostr hoy y maÃąana
ÂŋPor quÃĐ Nostr importa tanto ahora? Porque estÃĄ devolviendo la *soberanÃa* a los usuarios en un momento en que la *privacidad* y la *libertad* en lÃnea estÃĄn bajo asedio. Con cada relay que se suma y cada cliente que aparece, Nostr construye una red resistente donde las grandes tecnolÃģgicas no dictan las reglas. Su integraciÃģn con Bitcoin estÃĄ creando una economÃa circular emocionante: imagina ganar *sats* (fracciones de bitcoin) por tus publicaciones o apoyar directamente a tus creadores favoritos sin intermediarios. En febrero de 2025, ya vemos comunidades activas, desde entusiastas de la tecnologÃa hasta artistas, floreciendo en este ecosistema abierto.
De cara al futuro, Nostr tiene el potencial de ser un pilar del internet que siempre quisimos: descentralizado, transparente y al servicio de las personas. No solo compite con las redes sociales tradicionales, sino que las supera al ofrecer un lienzo en blanco para que cualquiera construya lo que imagine, desde plataformas de comunicaciÃģn hasta soluciones IoT o mercados globales. Su simplicidad invita a miles de desarrolladores a sumarse, y su resistencia a la censura asegura que las voces marginadas siempre tengan un lugar. Si **Bitcoin** nos dio libertad financiera, **Nostr** nos estÃĄ dando libertad digital, y juntos podrÃan ser la dupla que transforme cÃģmo interactuamos en lÃnea.
[[]()]()
## Un gran futuro nos espera
Nostr no es solo un protocolo; es un movimiento, una chispa de optimismo en un mundo digital que a veces parece gris. Cada vez que alguien se une, configura un relay o prueba una nueva app, estamos dando un paso hacia un internet mÃĄs justo y emocionante. Asà que, ÂŋquÃĐ esperas? Nostr no es el futuro lejano, ÂĄes el presente vibrante que estÃĄ creciendo hoy! **Ãnete**, experimenta y sÃĐ parte de esta revoluciÃģn que estÃĄ poniendo el poder de internet de vuelta en nuestras manos. ÂĄEl maÃąana digital nunca luciÃģ tan prometedor!
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@ e373ca41:b82abcc5
2025-02-23 08:39:06
*Dieser Artikel wurde mit dem* *[Pareto-Client](https://pareto.space/read)* *geschrieben (lesen Sie ihn dort, um die volle Erfahrung zu machen). Er wurde zuerst auf Deutsch von Milosz Matuschek auf* *["Freischwebende Intelligenz"](https://www.freischwebende-intelligenz.org/p/was-bringt-eine-wahl-wenn-das-system)* *verÃķffentlicht.*
Zur Demokratur, der vom SouverÃĪn losgelÃķsten Demokratie, gehÃķrt es zum Ritus, dem Volk regelmÃĪÃig den Puls zu fÞhlen. Heute ist wieder so ein Tag. Doch was wird der SouverÃĪn am Ende dieses Tages gewonnen haben?
Zur parlamentarischen Demokratie gehÃķrt der Wesentlichkeitsgrundsatz. Alle grundrechtswesentlichen, also den Wesenskern von Grundrechten betreffenden Entscheidungen mÞssen vom Parlament gefÃĪllt werden.
Behandelt der Bundestag die wesentlichen Fragen?
* Was hat man im Gremium des SouverÃĪns bisher Þber Nordstream herausgefunden?Â
* Was Þber Spike-Proteine, die 700 Tage nach der Impfung noch aktiv sind?Â
* Wie erklÃĪrt dieses Gremium dem SouverÃĪn, dass Bankenbosse, Bundeskanzler und migrantische StraftÃĪter in diesem Land ungleich schwieriger zu verurteilen sind als BÞrger, die einen gefÃĪhrlich mindertalentierten Politiker âSchwachkopfâ nennen?
WofÞr einen Bundestag wÃĪhlen, der nichts zÃĪhlt, wenn es darauf ankommt und wenig zustande bringt, was dem BÞrger nÞtzt, wenn er mal darf? Eine allgemeine Impfpflicht, die auf Politikerseite erst jeder kategorisch ausschloss und dann jeder ebenso salbungsvoll kategorisch befÞrwortete, scheiterte nur knapp. Aufarbeitung seither?

Legitimation des rituellen Umkehrschwungs? (Foto: [Rosenbusch/X](https://x.com/rosenbusch_/status/1893456799728062698))
\
Aus dem Kontrollgremium des SouverÃĪns gegenÞber der Regierung ist eine realitÃĪtsverweigernde BRD-Volkskammer geworden. Was kann eine Wahl verÃĪndern, wenn das System, welches sie alimentiert und perpetuiert, das Problem ist? Nehmen wir einen Motor, der mit Benzin lÃĪuft. Der Motor ist âunsere Demokratieâ, Wahlen sind der Betankungsvorgang. Der BÞrger betankt heute die Maschinerie mit der Legitimation durch seine Stimme. Doch er weià nicht mehr, welche Hebel und GerÃĪtschaften der Motor eigentlich antreibt. Dieser Teil befindet sich hinter einem schweren Vorhang. Kann im Sinne von Transparenz und Mit-Verantwortung der Betankungsvorgang guten Gewissens vollzogen werden?
Der Wahlvorgang ist ein Paradebeispiel dessen, was der Soziologe Niklas Luhmann mit âLegitimation durch Verfahrenâ beschrieben hat. Der prozessuale Akt, die AuszÃĪhlung und VerkÞndung schafft neue RealitÃĪt und legitimiert die neue Ordnung. Aus der Erfahrung der letzten Jahre in einer autoritÃĪren parlamentarischen Demokratur bedeutet die Wahlentscheidung jedoch eine de facto Blanko-Einwilligung in die eigene Versklavung. Im Privatrecht wÃĪre das ein sittenwidriges Ziel, das zur Nichtigkeit des Vertrages fÞhren wÞrde. Wieso sollte das auf der Ebene des politischen Gesellschaftsvertrages dann mÃķglich sein? Und wie kann ein solcher Legitimationsvorgang verantwortet werden?
<https://www.youtube.com/watch?v=Ngy05PFUlo8&t=5s>
Der Parlamentarismus in Deutschland ist fÞr mich gescheitert, wieder einmal. Doch warum soll in einem besetzten, globalistisch durchzogenen NATO-EU-WHO-Konglomerat wie Deutschland auch ausgerechnet der BÞrger das letzte Wort haben? Die Legitimationskette von BÞrger zu Staat hat zu viele blinde Flecken bekommen. Die RÞckverfolgung desastrÃķsen politischen Handelns ist nicht mehr mÃķglich. In Deutschland hat keine gesellschaftliche Instanz, nicht die Politik, nicht die Wissenschaft, nicht die Justiz, nicht die Medien, bisher eine Form der Corona-Aufarbeitung hinbekommen, die diesen Namen verdient. Das ist Sache von unabhÃĪngigen, versprengten Stimmen und Publikationen.
Wie ist es um die LegitimitÃĪt der âPartneroganisationenâ Deutschlands bestellt? Die EU ist unlÃĪngst vom FriedensbÞndnis zum KriegsbÞndnis geworden, die Nato kann nicht mal BÞndnispartner vor BÞndnispartnern schÞtzen und die WHO ist ein durch China und Bill Gates unterwandertes Jointventure fÞr globale Impf- und Kontrollexperimente. All das wird heute erneut zementiert und wenn es gesprengt wÞrde, mÞsste der Wahlvorgang verboten werden. Im besetzten Land darf nur richtig gewÃĪhlt werden.
Und deshalb gibt es fÞr mich in diesem System keine Wahl.
Wie ist es bei Ihnen?
Wie stehen Sie zu dieser Wahl? Gehen Sie hin und mit welchen GefÞhlen, Erwartungen, Intentionen? Ich freue mich auf Ihren Kommentar.
ANZEIGE:
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***
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@ e5de992e:4a95ef85
2025-02-23 07:52:00
A trading log isn't just a record of past tradesâit's a tool for learning, improving, and achieving consistency. By keeping a detailed log, you gain insights into your decision-making process, identify patterns, and refine your strategy over time.
Here's why and how to maintain a comprehensive trading log effectively.
---
## 1. The Importance of a Trading Log
- **Track Performance Objectively**
Without a log, it's easy to misremember trades or overestimate success. A detailed log provides accurate data to analyze your progress.
- **Understand Your Strengths and Weaknesses**
By reviewing your log, you can identify what works well and where you need improvement. Patterns in losing trades often highlight common mistakes or emotional triggers.
- **Build Confidence and Trust in Your System**
Seeing a record of rule-based, consistent trades reinforces trust in your strategy. Reviewing past successes can boost morale during challenging periods.
---
## 2. What to Include in Your Trading Log
A detailed trading log should cover both objective data and subjective reflections.
### Objective Data
- **Date and Time:** When the trade was entered and exited.
- **Instrument Traded:** Stock, forex pair, crypto, etc.
- **Entry and Exit Prices:** Precise levels where you opened and closed the trade.
- **Position Size:** Number of shares, contracts, or units traded.
- **Stop Loss and Take Profit Levels:** Risk management details.
- **P/L (Profit or Loss):** Outcome of the trade in dollars or percentage terms.
- **Trade Type:** Long, short, scalping, swing, etc.
### Subjective Reflections
- **Reason for Entering the Trade:** What setup or signal prompted the trade?
- **Emotional State:** How did you feel before, during, and after the trade?
- **Execution Notes:** Did you follow your plan? If not, why?
- **Lessons Learned:** What can you take away from this trade to improve next time?
> **Key Insight:** Both data and reflection are essential for meaningful analysis.
---
## 3. How to Analyze Your Trading Log
1. **Identify Patterns**
Look for common themes in your winning and losing trades.
_Examples:_ Winning trades often align with specific setups, while losing trades frequently result from breaking rules or impulsive decisions.
2. **Evaluate Strategy Effectiveness**
Assess whether your system produces consistent results over time.
Use metrics like win rate, risk-reward ratio, and drawdown to evaluate performance.
3. **Address Emotional Triggers**
Reflect on emotional notes to understand what triggers fear, greed, or hesitation.
Develop strategies to manage emotions based on these insights.
---
## 4. Benefits of Keeping a Trading Log
- **Improved Discipline:**
Writing down each trade reinforces the habit of sticking to your plan.
- **Informed Adjustments:**
Logs provide data-driven insights to refine your strategy.
- **Emotional Control:**
Journaling emotions helps you recognize and address psychological pitfalls.
- **Long-Term Growth:**
By tracking your progress, you can measure improvement over months and years.
> **Key Insight:** A trading log turns mistakes into lessons and successes into repeatable actions.
---
## 5. Tools for Logging Trades
### Manual Logs
- Use a notebook or spreadsheet to record trades.
- **Pros:** Highly customizable, forces you to engage deeply with each entry.
- **Cons:** Time-intensive and less automated.
### Software and Platforms
- Tools like Edgewonk, TraderSync, or Tradervue can streamline the process.
- **Pros:** Automated data collection, advanced analytics, and performance tracking.
- **Cons:** May have a learning curve or subscription costs.
> **Key Insight:** Choose a method that aligns with your workflow and trading style.
---
## 6. Tips for Maintaining a Consistent Trading Log
- **Log Every Trade:**
Don't skip trades, even the ones you'd rather forget. They're often the most valuable for learning.
- **Be Honest:**
Record trades exactly as they happened, including mistakes and rule-breaking.
- **Review Regularly:**
Set aside time weekly or monthly to analyze your log and adjust your approach.
- **Stay Disciplined:**
Treat logging as an essential part of your trading routine.
---
## 7. Conclusion: Your Trading Log is Your Mirror
A detailed trading log is more than just a recordâit's a roadmap to success. It provides clarity, accountability, and insights that are essential for continuous improvement.
Start today. Keep a detailed log, review it often, and use it to refine both your strategy and your mindset. Your future self will thank you.
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@ e5de992e:4a95ef85
2025-02-23 07:46:45
Chinaâs M1 increases a lot, it means thereâs more money available for people and businesses to buy things. This can help boost spending and economic growth in the short term. However, if thereâs too much money chasing the same amount of goods and services, prices can rise, leading to inflation. Sometimes, a rapid increase in M1 can also signal that banks are lending a lot of money, which might eventually create bubbles in things like real estate or stocks if the growth isnât managed carefully.
https://tradingeconomics.com/china/money-supply-m1
Chinaâs M1 increases a lot, it means thereâs more money available for people and businesses to buy things. This can help boost spending and economic growth in the short term.
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@ da0b9bc3:4e30a4a9
2025-02-23 07:08:22
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.
ðĻDon't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!ðĻ
ðĻSubscribe to the territory to ensure you never miss a post! ðĻ
originally posted at https://stacker.news/items/894609
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@ e3ba5e1a:5e433365
2025-02-23 06:35:51
My wife and I have six children, making our house a household of eight people. Looking just at the eight of us, how many relationships exist? Well, as a first stab, we could look at how many connections exist between two unique individuals in this family. The mathematical term for this is â8 choose 2â, and the answer is 8\*7/2, or 28\.
Even that doesnât really capture the answer though, because relationships arenât just between two people. For example, when my wife and two oldest children are the only ones still awake after the younger kids go to bed, weâll put on my mature TV shows that theyâll appreciate and watch together. Itâs our own little subgroup within the group.
Based on that, we could have groups of 2, 3, 4, all the way up to 8, the group of all of us. If you do the math, this comes up to 247 different subgroups of 2 or more people. Thatâs a lot of groups for just 8 people.
As a father, this means Iâll never be able to fully understand every set of connections within my family. I may have a good understanding of my own relationship with each child. I also am closely aware of the relationship between our two youngest children, since theyâre twins. And I could probably list 20 or so other noteworthy relationships. But Iâll never understand all of them.
For example, months ago I bought a game on Steam for my 3rd and 4th kids. I know they like to play games together, so it was a relationship that I thought I understood well. A few days ago I found out that my oldest had joined them in playing one of these games (Brotato). Iâd made the purchase, given it to the kids, and it sparked new relationship and interaction structures without my involvement.
Thereâs no problem with the fact that I canât track every interaction in my house. Thatâs healthy\! The kids are able to discover ways of interacting beyond what I can teach them, learn everything from schoolwork to video games from each other, and overall become more healthy and well-adjusted adults (I hope).
And hereâs the important part: the growth of the number of connections is *massive* as the number of participants increases. If we add in another participant, we have 502 groupings. At 10 total participants, it jumps to over 1,000. By the time we get to 100, weâre well into the trillions.
A mathematical and software term for this is *combinatoric complexity*, the massive increase in an output value based on a small increase in the input. The analysis Iâm providing could be termed as part of graph theory (for connections of 2, looking at people as *vertices* and connections as *edges*) or set theory (unique subsets, allowing for larger group sizes). But regardless, the point is: the increase in complexity is huge as more people join.
Now consider the global economy. Itâs over 8 billion people. There are so many people that the number of groupings is absurd to talk about. Nonetheless, massive numbers of these groupings naturally occur. There are family units, friend circles, individual connections, companies, project teams, sports teams, schools, classes, and millions more. These groups of people form new ways of interacting, express vastly different desires for goods and services, and are capable of producing wide varieties of goods and services themselves.
When you allow this system to run free, beauty emerges. Each node in the graph can manage its own connections. Each *person* is free to make his or her own decisions about association, what to spend time on, what to spend money on, and so on. Each person does so on their own judgement and world view.
Some of these people may make âdumbâ decisions. They may âwasteâ their time and money on useless things. Except: who made that value judgement? Clearly not them, they decided it was worth it. No central planner has the right to override their will.
My point in all this is: as yet another of many reasons in the list of âwhy people should be free,â we have one more data point: pure math. Central planning will never scale. Central planning will never appreciate the individuality and desires of each person. Only by giving people the freedom to explore their connections to others, discover what they can produce and consume, explore their options, and ultimately make their own decisions, can we have any chance of creating a world where everyone can succeed.
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@ 78c90fc4:4bff983c
2025-02-23 06:25:25
 
Vor dem Prozess kursierten GerÞchte, Maxwell verstecke sich in einem U-Boot oder auf nahe gelegenen Inseln. Sie besitzt ein U-Boot und hat eine Lizenz dafÞr
Water Island ist eine 500 Hektar groÃe Landzunge auf den U.S. Virgin Islands. Aufnahmen aus dem Jahr 2012 (auch Video) zeigen einen Teil des Untergrunds und seiner Umgebung.
2005: James und Sara Biden kaufen ein GrundstÞck auf Water Island, in der Mitte der Insel, fÞr 150.000 Euro. Dieser Teil des GrundstÞcks wurde in drei Teile aufgeteilt und verkauft. Einer von ihnen ist Scott Green.
Scott Green, ein Lobbyist mit engen Beziehungen zu Joe Biden, kaufte das GrundstÞck auf den Jungferninseln von James Biden und gewÃĪhrte ihm dann eine private Hypothek.
Nach dem Kauf machte Joe Biden mindestens dreimal Urlaub auf der winzigen Insel, die einst einen nahe gelegenen U-Boot-StÞtzpunkt und eine unterirdische Anlage schÞtzte, bevor sie zu einem tropischen RÞckzugsort wurde.
Die Bedingungen des Darlehens wurden in den Immobilienunterlagen nicht offengelegt.Â
Green hat auf mehrere Bitten um Stellungnahme nicht reagiert.
Der Anwalt von James Biden, George Mesires, bestÃĪtigte den Erhalt von Fragen, beantwortete sie aber nicht.
Green hat Biden 2.300 Dollar gespendet, aber als er um einen Kommentar gebeten wurde, hat er nicht geantwortet.
Und raten Sie mal, was Green in Washington, D.C., als Auftragnehmer fÞr Ãķffentliche Sicherheits- und StrafverfolgungsbehÃķrden als Teil einer Firma arbeitet, die er 1994 mitbegrÞndet hat.
Es wird noch interessanter!! Scotts Lafayette Group erhÃĪlt 5,8 Millionen Dollar von der FEMA. 3 TAGE SPÃTER gaben sie James und Sara Biden eine Hypothek von 133.000 fÞr Water Island Land. Und es gibt noch so viel mehr, aber das ist ein anderes Kaninchenloch (ein weiterer Zuschuss fÞr 40 Millionen Dollar).
Unten kÃķnnen Sie eine von Bidens zahlreichen LÞgen sehen:
âIch habe nie mit meinem Sohn oder meinem Bruder oder sonst jemandem etwas besprochen, was mit ihren GeschÃĪften zu tun hat.â
Hunter Biden arbeitete als Energieberater ohne jegliche Erfahrung in diesem Bereich.Â
James Biden trat der Firma HillStone bei. Und wie durch ein Wunder erhielt das Unternehmen zahlreiche AuftrÃĪge von der Bundesregierung (USA, Irak, Puerto Rico, Mosambik usw.)
Kredit: Natly Denise, CaptainBirchShow, Politico
\#EpsteinClientList #EpsteinIsland
<https://x.com/SaladMeToday/status/1892971887006810214>
<https://x.com/RealWsiegrist/status/1893543364676522222>
Perplexity:
Der U-Boot-StÞtzpunkt in der NÃĪhe von Water Island auf St. Thomas auf den US-Jungferninseln war wÃĪhrend des Zweiten Weltkriegs aufgrund seiner Rolle bei der Verteidigung der Karibik und der US-Marineoperationen von groÃer strategischer Bedeutung.\
\
\### \*\*Strategische Bedeutung der U-Boot-Basis\*\*\
\- Die U-Boot-Basis auf St. Thomas wurde 1941 als Teil einer umfassenderen US-MilitÃĪrstrategie zur Sicherung der Karibik wÃĪhrend des Zweiten Weltkriegs eingerichtet. Diese Region war entscheidend fÞr den Schutz der Schifffahrtswege und die BekÃĪmpfung der deutschen U-Boot-AktivitÃĪten im Atlantik\[1]\[2].\
\- Der StÞtzpunkt verfÞgte Þber eine umfangreiche Infrastruktur mit drei Piers, UnterkÞnften fÞr fast 1.000 Mitarbeiter, Lagereinrichtungen, einer TorpedoÞberholungswerkstatt und einem bombensicheren Maschinenhaus\[1]. Diese Einrichtungen unterstÞtzten den Betrieb und die Wartung von U-Booten in einem strategisch wichtigen Gebiet.\
\
\###\
\- Water Island, sÞdlich von St. Thomas gelegen, wurde 1944 von der US-Regierung erworben, um die KÞstenverteidigung zu stÃĪrken\[5]. Fort Segarra, eine unterirdische Festung auf Water Island, wurde zum Schutz der nahe gelegenen U-Boot-Basis auf St. Thomas\[2]\[4] errichtet.\
\- Das Fort umfasste GeschÞtzstellungen, Tunnel, unterirdische Kammern, Kasernen und andere militÃĪrische Infrastrukturen. Es wurde jedoch nie fertiggestellt oder voll einsatzfÃĪhig, da der Zweite Weltkrieg vor Abschluss der Bauarbeiten beendet wurde\[3]\[6].\
\
\*\*Nachkriegsnutzung\*\*\
\- Nach dem Krieg wurden Fort Segarra und Water Island fÞr verschiedene militÃĪrische Tests genutzt, darunter Experimente zur chemischen KriegsfÞhrung, die zwischen 1948 und 1950 durchgefÞhrt wurden\[4]\[6]. SpÃĪter, im Jahr 1952, wurde die Insel unter zivile Kontrolle gestellt.\
\
\###\
\- Heute sind die Ãberreste von Fort Segarra und seine unterirdischen Strukturen auf Water Island fÞr Besucher zugÃĪnglich. Sie erinnern an die Rolle des Forts beim Schutz des U-Boot-StÞtzpunkts und an seine strategische Bedeutung wÃĪhrend des Zweiten Weltkriegs\[3]\[6].\
\
Zusammenfassend lÃĪsst sich sagen, dass der U-Boot-StÞtzpunkt auf St. Thomas und die damit verbundenen Verteidigungsanlagen auf Water Island entscheidende Komponenten der US-BemÞhungen zur Sicherung der Karibik wÃĪhrend des Zweiten Weltkriegs waren. Obwohl ihre militÃĪrische Nutzung vor Jahrzehnten endete, bleiben sie aufgrund ihres historischen und strategischen Erbes von Bedeutung.\
\
Quellen\
\[1] MilitÃĪrgeschichte von Water Island https\://history.wica.vi/military-history/\
\[2] Fort Segarra - Flamingo Point USVI Water Island http\://flamingopointusvi.com/water-island\
\[3] Fort Segarra - Virgin Islands - VInow\.com https\://www\.vinow\.com/wi/wi-a/fort-segarra/\
\[4] Fort Segarra - Wikipedia https\://en.wikipedia.org/wiki/Fort\_Segarra\
\[5] Fort Segarra - Jacksonville District - Army.mil https\://www\.saj.usace.army.mil/FortSegarra/\
\[6] Water Island, U.S. Virgin Islands - Wikipedia https\://en.wikipedia.org/wiki/Water\_Island,\_U.S.\_Virgin\_Islands\
\[7] Water Island | Seas the Day Charters USVI https\://seasthedayusvi.com/2022/02/11/exploring-water-island-u-s-virgin-islands-best-kept-secret/\
\[8] Water Island: AktivitÃĪten und SehenswÞrdigkeiten - Jungferninseln - VInow\.com https\://www\.vinow\.com/waterisland/attractions\_wi/
Dazu auch die Sammlung
Epstein
<https://waltisiegrist.locals.com/post/1353380/epstein-oder-wie-leicht-sich-die-wissenschaft-kaufen-laesst>
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@ 52adc2ef:9f4bc0ba
2025-02-23 03:45:10
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āļŦāļĢāļ·āļ āļŠāļąāļāļāļēāļāļēāļĒ BTC āļĢāļēāļāļē 100,000$ āđāļāļĒāļĄāļĩāļāļēāļĒāļļāļŠāļąāļāļāļē 3 āđāļāļ·āļāļ āļāđāļēāļ§āļąāļāļāļĢāļāļŠāļąāļāļāļē BTC āļĢāļēāļāļē 95,000$ āļāļ°āļāđāļāļāļāļēāļĒāđāļŦāđāđāļāļĢāļēāļāļē 100,000$
**Options** āļāļ·āļ āļŠāļąāļāļāļēāļāļĩāđāļāļđāđāļāļ°āļāļ·āđāļāļāļēāļĒ āđāđāļāļ futures āđāļāđāļĄāļĩāļāđāļēāļĒāļāđāļē Premium āđāļāļ·āđāļāļĄāļĩāļŠāļīāļāļāļīāđāļāļĩāđāļāļ°āđāļāđāļŠāļīāļāļāļīāđāļāļ·āđāļāļŦāļĢāļ·āļāļŠāļīāļāļāļīāđāļāļēāļĒāļāđāđāļāđ āđāļāļĒāđāļāđāļŠāļīāļāļāļīāđāđāļāļĢāļ°āļĒāļ°āđāļ§āļĨāļēāļāļĩāđāļāļģāļŦāļāļ
āđāļāđāļ āļŠāļąāļāļāļē long call āļŠāļąāļāļāļēāđāļāđāļŠāļīāļāļāļīāđāļāļ·āđāļ āđāļĄāļ·āđāļ BTC āļĢāļēāļāļē 98,000$ āđāļāļĒāļāđāļāļāļāđāļēāļĒāļāđāļē premium 100$ āđāļāļ·āđāļLock āļŠāļīāļāļāļīāđ
āļāđāļēāļĢāļēāļāļē BTC = 95,000$ āđāļĢāļēāđāļĄāđāļāļģāđāļāđāļāļāđāļāļāđāļāđāļŠāļīāļāļāļīāđāđāļāđ āđāļāļĢāļēāļ°āļāļ·āđāļāđāļāļāļĨāļēāļāļāļđāļāļāļ§āđāļē āđāđāļāđāđāļĢāļēāļāļ°āļāđāļāļāđāļŠāļĩāļĒ premium āļāļĩāđāđāļĢāļēāļ§āļēāļāđāļ§āđ āđāļāđāļāļāđāļ
āļāļāļāļ°āđāļŦāđāļāļ āļēāļāđāļāđāļĄāļąāđāļĒāļāļĢāļąāļ
āļāļķāđāļāļāļ°āļĄāļēāļāļđāļāđāļāļŠāđāļ§āļāļāļāļ options āļāļąāļ
Options āļĄāļĩāļāļēāļĢāđāļāđāļŠāļīāļāļāļīāđāļāļĒāļđāđ 2 āđāļāļ
Call Options āđāļāļĒāļĄāļĩ Long call āļāļ·āļ āļŠāļīāļāļāļīāđāđāļāļāļēāļĢāļāļ·āđāļ Long put āļāļ·āļ āļŠāļīāļāļāļīāđāđāļāļāļēāļĢāļāļēāļĒ
Put OptionsāđāļāļĒāļĄāļĩ Short call āļāļ·āļ āļāļđāđāļāļĩāđāļĄāļĩāļŦāļāđāļēāļāļĩāđāļāđāļāļāļāļēāļĒāļāļ°āļāļđāđāļāļąāļ Long call
Short put āļāļ·āļ āļāļđāđāļāļĩāđāļĄāļĩāļŦāļāđāļēāļāļĩāđāļāđāļāļāļāļ·āđāļāļāļ°āļāļđāđāļāļąāļ Long put
āđāļāļĒāļĄāļĩāļāļģāļĻāļąāļāļāđāļāļ§āļĢāļĢāļđāđāļāļĩāļāđāļĨāđāļāļāđāļāļĒ āļāļ°āđāļāđāđāļāđāļēāđāļāļ āļēāļāļĢāļ§āļĄāļāļąāđāļāļŦāļĄāļāļāļąāļ
Strike price = āļĢāļēāļāļēāļāļĩāđāļāļ°āļāļ·āđāļāļāļ°āļāļēāļĒ
maturity=āļ§āļąāļāļŠāļīāđāļāļŠāļąāļāļāļē
premium=āđāļāļĩāđāļĒ
time to maturity=āļĢāļ°āļĒāļ°āđāļ§āļĨāļēāļŠāļąāļāļāļē
āļāļēāļāļāļ°āļĒāļąāļāļāļāđ āļāļąāđāļāđāļĢāļīāđāļĄāļāļāļīāļāļēāļĒāļāļĩāļĨāļ°āļāđāļāļāļąāļāļĄāļēāđāļĢāļīāđāļĄāļāļĩāđ
**Long Call Option**
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āļŠāļīāļāļāļīāđāđāļāļāļēāļĢāļāļ·āđāļ āļāļēāļāļĢāļđāļāļāļ°āđāļŦāđāļāļ§āđāļēāļāđāļēāđāļĢāļēāļāļīāļāļ§āđāļēāļĢāļēāļāļē āļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĩāđāđāļĢāļēāļŠāļāđāļāļĄāļĩāđāđāļāļ§āđāļāđāļĄāļāļĩāđāļāļ°āļāļķāđāļ
āļāļķāđāļāļāļāļ°āļāļĩāđ āļĢāļēāļāļēāļāļĒāļđāđāļāļĩāđ 90$ āđāļĢāļēāļāļēāļāļāļ°āļāļ·āđāļ Long call āļāļĩāđāļĢāļēāļāļēāđāļĢāļīāđāļĄāđāļāđāļŠāļīāļāļāļīāđ Strike Price=100$
āđāļāļĒāļĄāļĩāļāđāļē Premium āļāļĩāđ 5$
āļāļ°āđāļŦāđāļāļ§āđāļēāļāđāļēāļĢāļēāļāļēāđāļāđāļ 80$ āđāļĢāļēāļāļāđāļĄāđāđāļāđāļŠāļīāļāļāļīāđ āđāļāļĢāļēāļ°āļāļ·āđāļāļāļāļāļīāļāļđāļāļāļ§āđāļē
āļĢāļēāļāļēāđāļāđāļŠāļīāļāļāļīāđāđāļĢāļēāļāļ°āļāđāļāļāļāļ·āđāļāļāļĩāđ 100$
āđāļĄāļ·āđāļāđāļĄāđāđāļāđāļŠāļīāļāļāļīāđ āđāļĢāļēāļāđāļāļāđāļŠāļĩāļĒāļāđāļē Premium āđāļŦāđāļāļąāļāļāļąāđāļāļāļĩāđāļĄāļĩāļŦāļāđāļēāļāļĩāđāļāļēāļĒ āļāļ·āļ Short call
āļāļķāđāļāđāļĄāļ·āđāļāđāļāļĩāļĒāļāļāļąāļāļāļēāļĢ Long Futures āļāđāļēāđāļāļīāļāļĨāļāđāļāđāļŦāļĨāļ·āļ 45$ āđāļĢāļēāļāļ°āđāļŠāļĩāļĒ 50% āđāđāļāđāļāđāļēāļĄāļĩ option āļāļ°āđāļŠāļĩāļĒāļŠāļļāļāļāļĩāđāđāđāļāđāļāđāļē Premium
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āļĢāļđāļāļāļĢāļēāļāļāļāļ Long Futures
āļāļķāđāļ Long call = Long future āļāļĢāļķāđāļāđāļāļĩāļĒāļ§āđāļāļĢāļēāļ° Long Future āļĢāļēāļāļēāļāļ°āļāļķāđāļāđāļāđāļĢāļ·āđāļāļĒāđāļāļēāļĄāļāļĢāļēāļ
Long Call Option āđāļŦāļĄāļēāļ°āđāļāđāđāļĄāļ·āđāļāđāļŦāļĢāđ?
āđāļŦāđāļāļīāļāļ§āđāļēāđāļŦāļĄāļ·āļāļāļāļ·āđāļāļŦāļ§āļĒ āđāļāļĢāļēāļ°āļāđāļēāļĢāļēāļāļēāđāļĄāđāđāļāļāļēāļĄāļāļĩāđāļāļīāļāđāļĢāļēāļāļ°āđāļŠāļĩāļĒāđāđāļāđāļāđāļē Premium āļŦāļ§āļĒāđāļŦāļĄāļ·āļāļāđāļĢāļēāđāļŠāļĩāļĒāļāđāļē Premium āđāļāļāđāļāļ 80 āļāļēāļ āļŦāļĢāļ·āļāļ§āļīāđāļāļĢāļēāļ°āļŦāđāļĄāļēāđāđāļĨāđāļ§āļ§āđāļēāļĄāļĩāđāļāļāļēāļŠāļāļĩāđāļĢāļēāļāļēāļāļķāđāļ
**Short Call Option**
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āđāļāđāļāļāļąāđāļāļāļĢāļāļāđāļēāļĄāļāļąāļ Long
call āđāļĢāļēāļāđāļāļāļĄāļĩāļŦāļāđāļēāļāļĩāđāļāļēāļĒāđāļŦāđāļāļąāđāļ long call āļāļķāđāļāļāļąāđāļāļāļēāļĒāļāđāļāļāļĄāļĩāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļąāđāļāđāđāļāļ·āđāļāđāļ§āđāļāļēāļĒ āđāļāļĢāļēāļ°āļĄāļĩāļŦāļāđāļēāļāļĩāđ
āļāđāļāļāļāļēāļĒ āđāļĄāđāđāļŦāļĄāļ·āļāļāļāļąāđāļ long call āļāļĩāđāļĄāļĩāļŠāļēāļĄāļēāļĢāļāđāļĨāļ·āļāļāđāļāđāļŠāļīāļāļāļīāđāđāļāđ
āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļĄāđāļāļķāļ Strike Price āļŦāļĨāļąāļāļāļēāļāļŦāļĄāļāļāļēāļĒāļļāļŠāļąāļāļāļē āļāļąāđāļ short call āđāļāđāļāđāļē Premium
āļāļēāļāļāļąāđāļ Long call
āļāļēāļāļĢāļđāļ āļāđāļēāļŠāļīāļāļāļĢāļąāļāļĒāđ āļĢāļēāļāļē 90$ āļĢāļēāļāļēāļāļĩāđāļāđāļāļāļāļēāļĒāļŠāļīāļāļāļĢāļąāļāļĒāđ 100$ āļāđāļēāļĢāļēāļāļēāđāļĄāđāļāļķāļ 100$ āļāļ°āđāļāđāļāđāļē Premium āđāđāļāđāļāđāļēāļĢāļēāļāļēāđāļāļīāļ 100$ āđāļāđāļāļāđāļāđāļ āļāļ°āļāļēāļāļāļļāļāļĄāļēāļāļāļķāđāļāđāļĢāļ·āđāļāļĒāđ
āļāđāļēāļĢāļēāļāļēāđāļāļāļĩāđ 150$ āļāđāļāļāļĄāļēāļāļēāļĒāļāļĩāđ 100$ āļāļēāļĄāļŠāļąāļāļāļē
Short Call Option āđāļŦāļĄāļēāļ°āđāļāđāđāļĄāļ·āđāļāđāļŦāļĢāđ?
āđāļŦāļĄāļēāļ°āļŠāļģāļŦāļĢāļąāļāļāļĩāđāđāļĢāļēāļĄāļĩāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĩāđāļāļĒāļēāļāļāļ°āļāļēāļĒāļāļĒāļđāđāđāđāļĨāđāļ§āļāļēāļĄ Target āļāļĩāđāđāļĢāļēāļāļąāđāļāđāļ§āđ
āđāļāđāļ āļĄāļĩāļŦāļļāđāļāļāļĩāđāļāļ·āļāđāļ§āđāļāļĒāļđāđāđāđāļĨāđāļ§ āļĢāļēāļāļē 50$ āļāļąāđāļāđāļāļāļ°āļāļģāļāļģāđāļĢāđāļĄāļ·āđāļāļĢāļēāļāļē 100$ āđāļāļāļāļĩāđāļāļ°āļĢāļāļāļēāļĒāđāļāļĒāđ
āļĄāļēāļāļģāļāļēāļĢ Short call
āļāđāļēāļĢāļēāļāļēāđāļĄāđāļāļķāļāļāđāđāļāđāļāļīāļāļāđāļē Premium āđāļ āđāđāļāđāļāđāļēāļĢāļēāļāļēāļāļķāļ 100$
āđāļĢāļēāļāđāļāļāļāļēāļĢāļāļĩāđāļāļ° Take Profit āļāļĒāļđāđāđāđāļĨāđāļ§ āļāđāļāļēāļĒāđāļ
Long Put Option
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āļŦāļĄāļēāļĒāļāļķāļāđāļĢāļēāļŠāļīāļāļāđāđāļāļāļēāļĢāļāļēāļĒāļĢāļ·āļāđāļĄāđāļāļēāļĒāļāđāđāļāđ āļāļ°āļāļĢāļāļāđāļēāļĄāļāļąāļ Long call
āļāļēāļāļĢāļđāļāļāđāļēāļāļ·āļāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļēāļāļāļļāļ 50$ āđāđāļāđāļāļāļāļāļĩāđāļĢāļēāļāļē 80$ āđāđāļĨāđāļ§āđāļĄāđāđāđāļāđāđāļāļ§āđāļēāļĢāļēāļāļēāļāļ°āļĨāļāļĄāļąāđāļĒ āđāđāļāđāļāļķāđāļāļāđāļāļāđāđāļĄāđāđāļāļāđāļĢ
āļāļĒāļēāļāļāļ° Lock āļĢāļēāļāļēāļāļēāļĒ 70$ āđāļāđāļŠāļąāļāļāļē Long Put āļāđāļēāļĒāļāđāļē Premium āļāđāļēāļĢāļēāļāļēāļĨāļāđāļāļāļĩāđ 50$ āđāļĢāļēāđāļāđāļŠāļīāļāļāļīāđāđāļāļāļēāļĢāļāļēāļĒāļāļĩāđ āļĢāļēāļāļē 70$ āđāļāđ āļāđāļēāļĢāļēāļāļēāļāļķāđāļāđāļĢāļēāļāđāļāļ°āđāļĄāđāđāļāđāļŠāļīāļāļāļīāđāđāļāļĢāļēāļ°āļāļēāļĒāđāļāļāļĨāļēāļāđāļāđāļĢāļēāļāļēāļāļĩāļāļ§āđāļē
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āļĢāļđāļāļāļĢāļēāļāļāļāļ Short Futures
āļāļķāđāļ Long put = Short future āļāļĢāļķāđāļāđāļāļĩāļĒāļ§āđāļāļĢāļēāļ° Short Future āļĢāļēāļāļēāļāļ°āļĨāļāđāļāđāļĢāļ·āđāļāļĒāđāļāļēāļĄāļāļĢāļēāļ
Long Put Option āđāļŦāļĄāļēāļ°āđāļāđāđāļĄāļ·āđāļāđāļŦāļĢāđ?
āđāļŦāđāļāļīāļāļ§āđāļēāđāļŦāļĄāļ·āļāļāļāļ·āđāļāļāļĢāļ°āļāļąāļ āļāļĩāđāđāļĢāļēāļāđāļēāļĒāđāļāļĩāđāļĒāļāļĢāļ°āļāļąāļāđāļāđāļāļ·āđāļāļāļĩāđāļāļ° Lock āļāļ§āļēāļĄāđāļŠāļĩāđāļĒāļāļāļĩāđāļāļ°āđāļāļīāļ āļŠāđāļ§āļ Long Put āļāđāđāļĄāđāļĢāļđāđāļ§āđāļēāļĢāļēāļāļēāļāļĩāđāļāļ·āļāļāļ°āļĨāļāļĄāļąāđāļĒ āļĒāļāļĄāļāļĩāđāļāđāļēāļĒāļāđāļē Premium āđāļāļ·āđāļāļāļĩāđāļāļ°āđāļāđāļĢāļēāļāļēāļāļēāļĄāļĄāļđāļĨāļāđāļēāđāļāļīāļĄāļāļāļāđāļĢāļē
**Short Put Option*
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āđāļāđāļāļāļąāđāļāļāļĢāļāļāđāļēāļĄāļāļąāļ Long put āđāļĢāļēāļāđāļāļāļĄāļĩāļŦāļāđāļēāļāļĩāđāļĢāļąāļāļāļ·āđāļāđāļŦāđāļāļąāđāļ long put āļāļķāđāļāļāļąāđāļāļāļ·āđāļāļāđāļāļāļĄāļĩāđāļāļīāļāđāļāļ·āđāļāđāļ§āđāļāļ·āđāļ āđāļāļĢāļēāļ°āļĄāļĩāļŦāļāđāļēāļāļĩāđāļāđāļāļāļāļ·āđāļ āđāļĄāđāđāļŦāļĄāļ·āļāļāļāļąāđāļ long put āļāļĩāđāļĄāļĩāļŠāļēāļĄāļēāļĢāļāđāļĨāļ·āļāļāđāļāđāļŠāļīāļāļāļīāđāđāļāđ
āđāļĄāļ·āđāļāļĢāļēāļāļēāđāļĄāđāļāļķāļ Strike Price āļŦāļĨāļąāļāļāļēāļāļŦāļĄāļāļāļēāļĒāļļāļŠāļąāļāļāļē āļāļąāđāļ short put āđāļāđāļāđāļē
Premium āļāļēāļāļāļąāđāļ Long put
āļāļēāļāļĢāļđāļ
āļĢāļēāļāļēāļŠāļīāļāļāļĢāļąāļāļĒāđāļāļĒāļđāđāļāļĩāđ 80$ āļĢāļēāļāļēāļāļĩāđāđāļĢāļēāļĢāļąāļāļāļ·āđāļ āļŦāļĢāļ·āļ Strike Price 70$ āļāđāļēāļĢāļēāļāļēāļĨāļāđāļĄāđāļāļķāļ 70 $ āļāđāļāļ°āđāļāđāļāđāļē Premium āļāđāļēāļĢāļēāļāļēāļĨāļāđāļāļāđāļģāļāļ§āđāļē 70$ āļāđāļāđāļāļāļĢāļąāļāļāļ·āđāļāļāļļāļāļāļĢāļāļĩ
āļĢāļēāļāļēāļĨāļāđāļāļāļĩāđ 50$ āđāļĢāļēāļāđāļāđāļāļāļĢāļąāļāļāļ·āđāļāļāļĩāđ 70$ āļāļēāļĄāļŠāļąāļāļāļē
Short Put Option āđāļŦāļĄāļēāļ°āđāļāđāđāļĄāļ·āđāļāđāļŦāļĢāđ?
āđāļāđāđāļĄāļ·āđāļāđāļĢāļēāļāļĒāļēāļāļāļ°āļāļ·āđāļāļŠāļīāļāļāļĢāļąāļāļĒāđāļĢāļēāļāļēāļāļąāđāļāđāļāļĒāļđāđāđāđāļĨāđāļ§ āđāļāđāļ āļāļĒāļēāļāļāļ°āļāļ·āđāļāļāļĩāđāļĢāļēāļāļē 70 $ āđāļāļāļāļĩāđāļāļ°āļĢāļāđāļāļĒāđ
āļāļēāļāļāļ°āđāļāļīāļ Short Put āđāļāļ·āđāļāļāļĩāđāļĢāļēāļāļēāļĒāļąāļāđāļĄāđāļāļķāļ target āļāđāļāļ°āđāļāđāļāđāļē Premium
āļāđāļēāļĢāļēāļāļēāļāļķāļāļāđāđāļāđāļāļ·āđāļāđāļŦāļĄāļ·āļāļāļāļĩāđāļāļąāđāļāđāļāđāļ§āđ
āļŠāļĢāļļāļ
āļāļēāļāļāļĩāđāđāļĨāđāļēāļāļąāđāļāļŦāļĄāļāđāļāđāļāļāļēāļĢāļāļāļīāļāļēāļĒ Options āđāļāļ·āđāļāļāļāđāļāļāļĩāđāļāļĒāļēāļāđāļŦāđāđāļāļ·āđāļāļāđ āļāļĩāđāļŠāļāđāļāļāļēāļĢāđāļāļĢāļāļāļĒāļđāđāđāđāļĨāđāļ§
āļāđāļēāđāļāđāļēāđāļāđāļĢāļ·āđāļāļ Options āļāđāļ§āļĒāđāļĢāļēāļāļīāļāļ§āđāļēāļāđāļēāļāļ°āļāļĢāļąāļāđāļāđāđāļāļŠāđāļ§āļāļāđāļ§āļĒāđāļ Port āļāļāļāđāļĢāļēāđāļĄāđāļĄāļēāļāļāđāļāđāļāļĒ
āļŦāļ§āļąāļāļ§āđāļēāļāļ°āđāļāđāļāļāļĢāļ°āđāļĒāļāļāđāļāļąāļāļāļļāļāđāļāļāļāļ°āļāļĢāļąāļāļāļāļāļāļļāļāļāļĢāļąāļ