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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.
Let’s 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 country’s future. Entry points are:
- Builders—Startups, developers and investors who will fund and create infrastructure.
- Practitioners—Educators and researchers who will test models.
- Supporters—Parents, donors and community members who want to contribute.
**Where Do We Begin?**
Let’s 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, it’s time to share your insights. Contribute your viewpoint by structuring a blueprint—one page per section—in 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. It’s 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 it’s 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.)
“But how!?” Learning Producers is figuring it out by asking not, “how?” but “who?” 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, you’re 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, let’s talk, and let’s 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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@ 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 SEC’s 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 SEC’s 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**
**If you want more, be sure to follow us on:**
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***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ d360efec:14907b5f
2025-02-24 11:33:16
**ภาพรวม BTCUSDT (OKX):**
Bitcoin (BTCUSDT) ยังคงแสดงความผันผวนและแนวโน้มที่ไม่ชัดเจน แม้ว่าแนวโน้มระยะยาว (TF Day) จะยังคงมีลักษณะเป็นขาขึ้น (แต่*อ่อนแรงลงอย่างมาก*) แนวโน้มระยะกลาง (TF4H) และระยะสั้น (TF15) เป็นขาลง/Sideways Down การวิเคราะห์ครั้งนี้จะเน้นไปที่ SMC, ICT, และรูปแบบ Chart Patterns เพื่อเพิ่มความแม่นยำในการระบุแนวโน้มและจุดเข้า/ออก
**วิเคราะห์ทีละ Timeframe:**
**(1) TF Day (รายวัน):** 
* **แนวโน้ม:** ขาขึ้น (Uptrend) *อ่อนแรงลงอย่างมาก, มีความเสี่ยงที่จะเปลี่ยนแนวโน้ม*
* **SMC:**
* Higher Highs (HH) และ Higher Lows (HL) *เริ่มไม่ชัดเจน, ราคาหลุด Low ก่อนหน้า*
* Break of Structure (BOS) ด้านบน *แต่มีการปรับฐานที่รุนแรง*
* **Liquidity:**
* มี Sellside Liquidity (SSL) อยู่ใต้ Lows ก่อนหน้า (บริเวณ 85,000 - 90,000)
* มี Buyside Liquidity (BSL) อยู่เหนือ High เดิม
* **ICT:**
* **Order Block:** ราคาหลุด Order Block ขาขึ้น
* **FVG:** ไม่มี FVG ชัดเจน
* **EMA:**
* ราคา *หลุด* EMA 50 (สีเหลือง) ลงมาแล้ว
* EMA 200 (สีขาว) เป็นแนวรับถัดไป
* **Money Flow (LuxAlgo):**
* *สีแดงยาว* แสดงถึงแรงขายที่แข็งแกร่ง
* **Trend Strength (AlgoAlpha):**
* สีแดง (เมฆแดง) แสดงถึงแนวโน้มขาลง *และไม่มีสัญญาณซื้อ/ขายปรากฏ*
* **Chart Patterns:** *ไม่มีรูปแบบที่ชัดเจน*
* **Volume Profile:** Volume ค่อนข้างเบาบาง
* **แท่งเทียน:** แท่งเทียนล่าสุดเป็นสีแดง แสดงถึงแรงขาย
* **แนวรับ:** EMA 200, บริเวณ 85,000 - 90,000 (SSL)
* **แนวต้าน:** EMA 50, High เดิม
* **สรุป:** แนวโน้มขาขึ้นอ่อนแรงลงอย่างมาก, *สัญญาณอันตรายหลายอย่าง*, Money Flow และ Trend Strength เป็นลบ, *หลุด Order Block และ EMA 50*
**(2) TF4H (4 ชั่วโมง):** 
* **แนวโน้ม:** ขาลง (Downtrend)
* **SMC:**
* Lower Highs (LH) และ Lower Lows (LL)
* Break of Structure (BOS) ด้านล่าง
* **Liquidity:**
* มี SSL อยู่ใต้ Lows ก่อนหน้า
* มี BSL อยู่เหนือ Highs ก่อนหน้า
* **ICT:**
* **Order Block:** ราคาไม่สามารถผ่าน Order Block ขาลงได้
* **EMA:**
* ราคาอยู่ใต้ EMA 50 และ EMA 200
* **Money Flow (LuxAlgo):**
* สีแดง แสดงถึงแรงขาย
* **Trend Strength (AlgoAlpha):**
* แดง/ไม่มีสัญญาณ
* **Chart Patterns:** *ไม่มีรูปแบบที่ชัดเจน*
* **Volume Profile:**
* Volume ค่อนข้างนิ่ง
* **แนวรับ:** บริเวณ Low ล่าสุด
* **แนวต้าน:** EMA 50, EMA 200, บริเวณ Order Block
* **สรุป:** แนวโน้มขาลงชัดเจน, แรงขายมีอิทธิพล
**(3) TF15 (15 นาที):** 
* **แนวโน้ม:** Sideways Down (แกว่งตัวลง)
* **SMC:**
* Lower Highs (LH) และ Lower Lows (LL)
* Break of Structure (BOS) ด้านล่าง
* **ICT:**
* ราคา Sideway
* **EMA:**
* EMA 50 และ EMA 200 เป็นแนวต้าน
* **Money Flow (LuxAlgo):**
* แดง/เขียว สลับกัน
* **Trend Strength (AlgoAlpha):**
* สีแดง แสดงถึงแนวโน้มขาลง
* **Chart Patterns:** *ไม่มีรูปแบบที่ชัดเจน*
* **Volume Profile:**
* Volume ค่อนข้างนิ่ง
* **แนวรับ:** บริเวณ Low ล่าสุด
* **แนวต้าน:** EMA 50, EMA 200
* **สรุป:** แนวโน้ม Sideways Down,
**สรุปภาพรวมและกลยุทธ์ (BTCUSDT):**
* **แนวโน้มหลัก (Day):** ขาขึ้น (*อ่อนแรงลงอย่างมาก, เสี่ยงที่จะเปลี่ยนแนวโน้ม*)
* **แนวโน้มรอง (4H):** ขาลง
* **แนวโน้มระยะสั้น (15m):** ขาลง/Sideways Down
* **Liquidity:** มี SSL ทั้งใน Day, 4H, และ 15m
* **Money Flow:** เป็นลบในทุก Timeframes
* **Trend Strength:** Day/15m เป็นขาลง, 4H Sideways
* **Chart Patterns:** ไม่พบรูปแบบที่ชัดเจน
* **กลยุทธ์:**
1. **Wait & See (ดีที่สุด):** รอความชัดเจน
2. **Short (เสี่ยง):** ถ้าไม่สามารถ Breakout EMA/แนวต้านใน TF ใดๆ ได้ หรือเมื่อเกิดสัญญาณ Bearish Continuation
3. **ไม่แนะนำให้ Buy:** จนกว่าจะมีสัญญาณกลับตัวที่ชัดเจนมากๆ
**Day Trade & การเทรดรายวัน:**
* **Day Trade (TF15):**
* **Short Bias:** หาจังหวะ Short เมื่อราคาเด้งขึ้นไปทดสอบแนวต้าน (EMA, Order Block)
* **Stop Loss:** เหนือแนวต้านที่เข้า Short
* **Take Profit:** แนวรับถัดไป (Low ล่าสุด)
* **ไม่แนะนำให้ Long**
* **Swing Trade (TF4H):**
* **Short Bias:** รอจังหวะ Short เมื่อราคาไม่สามารถผ่านแนวต้าน EMA หรือ Order Block ได้
* **Stop Loss:** เหนือแนวต้านที่เข้า Short
* **Take Profit:** แนวรับถัดไป
* **ไม่แนะนำให้ Long**
**สิ่งที่ต้องระวัง:**
* **Sellside Liquidity (SSL):** มีโอกาสสูงที่ราคาจะถูกลากลงไปแตะ SSL
* **False Breakouts:** ระวัง
* **Volatility:** สูง
**Setup Day Trade แบบ SMC (ตัวอย่าง):**
1. **ระบุ Order Block:** หา Order Block ขาลง (Bearish Order Block) ใน TF15
2. **รอ Pullback:** รอให้ราคา Pullback ขึ้นไปทดสอบ Order Block นั้น
3. **หา Bearish Entry:**
* **Rejection:** รอ Price Action ปฏิเสธ Order Block
* **Break of Structure:** รอให้ราคา Break โครงสร้างย่อยๆ
* **Money Flow:** ดู Money Flow ให้เป็นสีแดง
4. **ตั้ง Stop Loss:** เหนือ Order Block
5. **ตั้ง Take Profit:** แนวรับถัดไป
**คำแนะนำ:**
* **ความขัดแย้งของ Timeframes:** มีอยู่ แต่แนวโน้มระยะกลาง-สั้น เป็นลบ
* **Money Flow:** เป็นลบในทุก Timeframes
* **Trend Strength:** เป็นลบ
* **Order Block TF Day:** หลุด Order Block ขาขึ้นแล้ว
* **ถ้าไม่แน่ใจ อย่าเพิ่งเข้าเทรด**
**Disclaimer:** การวิเคราะห์นี้เป็นเพียงความคิดเห็นส่วนตัว ไม่ถือเป็นคำแนะนำในการลงทุน ผู้ลงทุนควรศึกษาข้อมูลเพิ่มเติมและตัดสินใจด้วยความรอบคอบ
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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):**

* **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):**

* **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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@ 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. 🙏🏼
For reference, here is the Wikipedia article about him: [Parag Kumar Das]( https://en.wikipedia.org/wiki/Parag_Kumar_Das)
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@ f3873798:24b3f2f3
2025-02-23 19:21:48
A liberdade de expressão e a descentralização do poder estão intimamente ligadas ao avanço do pensamento humano e à construção de uma sociedade mais justa e consciente. A evolução da compreensão sobre o certo e o errado surge da comunicação, da observação empírica e da análise das consequências de ações passadas.
Para que haja uma aproximação real com a verdade e uma relação equilibrada entre a razão da vida e o convívio com o poder, é essencial garantir a liberdade de expressão. Somente por meio do livre debate de ideias é possível avaliar as diversas perspectivas, identificar erros e aprender com eles.
Embora a maioria das pessoas busque o aprendizado e a compreensão do que é correto, o apego cego a uma ideia evidentemente equivocada pode fazer com que percam o real propósito da busca pela verdade. Em vez de refletirem criticamente, muitos acabam apenas defendendo um erro pelo simples fato de se identificarem com ele.
Esse é um dos motivos pelos quais a censura tem se tornado uma ferramenta tão 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 são aqueles que desejam ocultar informações, tornando ainda mais difícil a identificação e o combate a abusos.
Nos países livres, onde a liberdade de expressão é respeitada, há maior autonomia nas decisões políticas e um engajamento mais ativo da população. A participação cidadã fortalece o controle do povo sobre as influências que moldam o convívio social, garantindo que o poder não fique concentrado nas mãos de poucos, mas distribuído de forma mais democrática e justa.
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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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@ 8d34bd24:414be32b
2025-02-23 12:49:20
I recently wrote a post “[What? Do Not Pray For ...](https://trustjesus.substack.com/p/what-do-not-pray-for)” 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:
> “As 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?” declares the Lord. “Is it not themselves *they spite,* to their own shame?” (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 “Renewing Your Mind” podcast and the speaker made the statement, “We all want to say, ‘God bless America,’ but we don’t want to hear, ‘God curse America.’” That made me contemplate, “Should we ask God to bless America?”
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 God’s 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 can’t have it both ways. We can’t have God’s blessings without God.
Now I am not saying that we shouldn’t 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 shouldn’t pray for America’s 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.
> “Son 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,” 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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@ 132b7b75:2321bcf6
2025-02-23 10:27:08
# == January 17 2025
Out From Underneath | Prism Shores
crazy arms | pigeon pit
Humanhood | The Weather Station
# == february 07 2025
Wish Defense | FACS
Sayan - Savoie | Maria Teriaeva
Nowhere Near Today | Midding
# == february 14 2025
Phonetics On and On | Horsegirl
# == february 21 2025
Finding Our Balance | Tsoh Tso
Machine Starts To Sing | Porridge Radio
Armageddon In A Summer Dress | Sunny War
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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 “8 choose 2”, and the answer is 8\*7/2, or 28\.
Even that doesn’t really capture the answer though, because relationships aren’t 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, we’ll put on my mature TV shows that they’ll appreciate and watch together. It’s 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. That’s a lot of groups for just 8 people.
As a father, this means I’ll 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 they’re twins. And I could probably list 20 or so other noteworthy relationships. But I’ll 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). I’d made the purchase, given it to the kids, and it sparked new relationship and interaction structures without my involvement.
There’s no problem with the fact that I can’t track every interaction in my house. That’s 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 here’s 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, we’re 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 I’m 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. It’s 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 “dumb” decisions. They may “waste” 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 “why people should be free,” 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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@ fc481c65:e280e7ba
2025-02-22 22:22:14
**Math is the formalization of a human idea**
Mathematics is a broad field of study that involves the investigation of patterns, quantities, structures, and changes in the abstract form as well as their real-world applications. It is foundational to a variety of disciplines including science, engineering, medicine, and the social sciences, providing a framework for reasoning, problem-solving, and understanding the universe.
<iframe title="The Map of Mathematics" src="https://www.youtube.com/embed/OmJ-4B-mS-Y?feature=oembed" height="113" width="200" allowfullscreen="" allow="fullscreen" style="aspect-ratio: 1.76991 / 1; width: 100%; height: 100%;"></iframe>
Mathematics is composed of many subfields, including but not limited to:
1. **Arithmetic:** The study of numbers and the basic operations on them: addition, subtraction, multiplication, and division.
2. **Algebra:** The study of symbols and the rules for manipulating these symbols; it is a unifying thread of almost all of mathematics.
3. **Geometry:** The study of shapes, sizes, and properties of space.
4. **Calculus:** The study of change in mathematical functions and models, dealing with limits, derivatives, integrals, and infinite series.
5. **Statistics:** The study of data collection, analysis, interpretation, presentation, and organization.
6. **Number Theory:** The study of properties and relationships of numbers, especially the integers.
7. **Topology:** The study of properties that remain constant through continuous deformations, such as stretching and bending, but not tearing or gluing.
8. **Applied Mathematics:** Uses mathematical methods and reasoning to solve real-world problems in business, science, engineering, and other fields.
Mathematics is both ancient and modern; it has a rich history stretching back thousands of years, yet it continues to develop and evolve today, with new theories, discoveries, and applications constantly emerging. It is both a rigorous discipline in its own right and an essential tool used throughout the sciences and beyond.
## Pure and Applied Mathematics
Pure mathematics and applied mathematics represent two broad categories within the field of mathematics, each with its focus, methodologies, and applications. The distinction between them lies in their primary objectives and the way mathematical theories are utilized.
[[Attachments/01233372a59d2dc17b937c38319d672f_MD5.jpeg|Open: Pasted image 20240405125055.png]]
![[Attachments/01233372a59d2dc17b937c38319d672f_MD5.jpeg]]
#### Pure Mathematics
Pure mathematics is concerned with the study of mathematical concepts independent of any application outside mathematics. It is motivated by a desire to understand abstract principles and the properties of mathematical structures. The pursuit in pure mathematics is knowledge for its own sake, not necessarily aiming to find immediate practical applications. Pure mathematicians often focus on proving theorems and exploring theoretical frameworks, driven by curiosity and the aesthetic appeal of mathematics itself.
Key areas within pure mathematics include:
- **Algebra:** The study of symbols and the rules for manipulating these symbols.
- **Geometry:** The investigation of the properties of space and figures.
- **Analysis:** The rigorous formulation of calculus, focusing on limits, continuity, and infinite series.
- **Number Theory:** The study of the properties of numbers, particularly integers.
- **Topology:** The study of properties preserved through deformations, twistings, and stretchings of objects.
#### Applied Mathematics
Applied mathematics, on the other hand, is focused on the development and practical use of mathematical methods to solve problems in other areas, such as science, engineering, technology, economics, business, and industry. Applied mathematics is deeply connected with empirical research and the application of mathematical models to real-world situations. It involves the formulation, study, and use of mathematical models and seeks to make predictions, optimize solutions, and develop new approaches based on mathematical theory.
Key areas within applied mathematics include:
- **Differential Equations:** Used to model rates of change in applied contexts.
- **Statistics and Probability:** The study of data, uncertainty, and the quantification of the likelihood of events.
- **Computational Mathematics:** The use of algorithmic techniques for solving mathematical problems more efficiently, especially those that are too large for human numerical capacity.
- **Mathematical Physics:** The application of mathematics to solve problems in physics and the development of mathematical methods for such applications.
## Is Mathematics discovered or Invented
The question of whether mathematics is discovered or invented is a philosophical one that has sparked debate among mathematicians, philosophers, and scientists for centuries. Both viewpoints offer compelling arguments, and the distinction often hinges on one's perspective on the nature of mathematical objects and the universality of mathematical truths.
<iframe title="Is math discovered or invented? - Jeff Dekofsky" src="https://www.youtube.com/embed/X_xR5Kes4Rs?feature=oembed" height="113" width="200" allowfullscreen="" allow="fullscreen" style="aspect-ratio: 1.76991 / 1; width: 100%; height: 100%;"></iframe>
### Mathematics as Discovered
Those who argue that mathematics is discovered believe that mathematical truths exist independently of human thought and that mathematicians uncover these truths through investigation and reasoning. This viewpoint suggests that mathematical concepts like numbers, geometrical shapes, and even more abstract ideas have a reality that transcends human invention. The consistency of mathematical laws across cultures and times, and their applicability in accurately describing the natural world, supports the notion that mathematics is a universal truth waiting to be discovered. According to this perspective, mathematical structures exist in some abstract realm, and humans merely uncover aspects of this pre-existing world.
#### Mathematics as Invented
On the other hand, the viewpoint that mathematics is invented centers on the idea that mathematical concepts are human creations, designed to describe and understand the world. According to this perspective, mathematical theories and structures are the products of human thought, created to serve specific purposes in science, engineering, and other fields. This view emphasizes the role of creativity and invention in the development of mathematical ideas, suggesting that different cultures or species might develop entirely different mathematical systems depending on their needs and experiences. Proponents of this view point to the variety of mathematical systems (such as different geometries or number systems) that have been invented to solve particular types of problems, arguing that this diversity is evidence of mathematics being a human invention.
#### A Middle Ground
Some argue for a middle ground, suggesting that while the basic elements of mathematics are discovered, the development of complex mathematical theories and the choice of which aspects to study or develop further involve human invention and creativity. This perspective acknowledges the intrinsic properties of mathematical objects while also recognizing the role of human ingenuity in shaping the field of mathematics.
#### Conclusion
The debate between discovery and invention in mathematics may never be conclusively resolved, as it touches on deep philosophical questions about the nature of reality and the human mind's relationship to it. Whether one views mathematics as discovered or invented often reflects deeper beliefs about the world and our place within it.
## Axioms
a particular mathematical system or theory. They serve as the foundational building blocks from which theorems and other mathematical truths are derived. Axioms are assumed to be self-evident, and their selection is based on their ability to produce a coherent and logically consistent framework for a body of mathematical knowledge.
In the context of different branches of mathematics, axioms can vary significantly:
- **In Euclidean geometry,** one of the most famous sets of axioms are Euclid's postulates, which include statements like "A straight line segment can be drawn joining any two points," and "All right angles are congruent."
- **In algebra,** the field axioms define the properties of operations like addition and multiplication over sets of numbers.
- **In set theory,** Zermelo-Fraenkel axioms (with the Axiom of Choice) are a set of axioms used to establish a foundation for much of modern mathematics.
The role of axioms has evolved throughout the history of mathematics. Initially, they were considered self-evident truths, but as mathematics has developed, the emphasis has shifted to viewing axioms more as arbitrary starting points chosen for their usefulness in building a mathematical theory. This shift allows for the creation of different, sometimes non-intuitive, mathematical frameworks such as non-Euclidean geometries, which arise from altering Euclid's original postulates.
**Everything in maths is constructed based on Axioms, not observation of the scientific method!** It's based only on the human logic reasoning. **And the universe doesn't five a fuck to fit inside human logic reasoning.**
<iframe title="The paradox at the heart of mathematics: Gödel's Incompleteness Theorem - Marcus du Sautoy" src="https://www.youtube.com/embed/I4pQbo5MQOs?feature=oembed" height="113" width="200" allowfullscreen="" allow="fullscreen" style="aspect-ratio: 1.76991 / 1; width: 100%; height: 100%;"></iframe>
## Mathematics is not a Science
Mathematics and science are deeply interconnected, but they are distinguished by their fundamental approaches, methodologies, and objectives. The distinction between mathematics as a formal science and other natural or empirical sciences like physics, biology, and chemistry lies in the nature of their inquiry and validation methods.
**Maths doesn't need to prove itself through the scientific method, it only needs axioms, logic, and previous definitions.**
- **Mathematics:** Uses deduction as a primary tool. Starting from axioms and definitions, mathematicians use logical reasoning to derive theorems and propositions. The validity of mathematical statements is determined through proofs, which are arguments that demonstrate their truth within the context of axiomatic systems.
- **Science:** Employs the scientific method, which involves hypothesis formation, experimentation, observation, and the modification of hypotheses based on empirical evidence. Scientific theories and laws are validated by their ability to predict and explain phenomena in the natural world, and they are always subject to revision in light of new evidence.
### Objectives
- **Mathematics:** Aims to create a coherent set of rules and structures that can explain and predict outcomes within abstract systems. Its primary goal is not to describe the physical world but to explore the properties and possibilities of mathematical structures.
- **Science:** Aims to understand and describe the universe. The goal is to produce a body of knowledge that explains natural phenomena and can predict outcomes based on empirical evidence.
In summary, while mathematics is often used as a tool in science to model and solve problems, its focus on abstract reasoning and logical proof distinguishes it from the empirical methodologies of the natural sciences. This fundamental difference in approach and objective is why mathematics is considered a formal science or a branch of knowledge distinct from natural or physical sciences, which are based on empirical evidence and experimental validation.
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@ fc481c65:e280e7ba
2025-02-22 22:09:56
Starting with the basics, #statistics is a branch of #mathematics that deals with collecting, analysing, interpreting, presenting, and organising #data. It provides a way to make sense of data, see patterns, and make decisions based on data analysis. Here's a brief overview of some fundamental concepts in statistics:
### 1. Types of Statistics
- **Descriptive Statistics**: Involves summarising and organising data so it can be easily understood. Common measures include mean (average), median (middle value), mode (most frequent value), variance (measure of how spread out numbers are), and standard deviation (average distance from the mean).
- **Inferential Statistics**: Involves making predictions or inferences about a population based on a sample. This includes hypothesis testing, confidence intervals, and regression analysis.
### 2. Types of Data
- **Qualitative Data** (Categorical): Data that describes qualities or characteristics that cannot be measured with numbers, such as colors, names, labels, and yes/no responses.
- **Quantitative Data**: Data that can be measured and expressed numerically, including age, height, salary, and temperature. It can be further divided into discrete data (countable items, like the number of students in a class) and continuous data (measurable items, like height).
### 3. Measures of Central Tendency
- **Mean**: The average of a data set, found by adding all numbers and dividing by the count of numbers.
- **Median**: The middle value when a data set is ordered from least to greatest; if there’s an even number of observations, it is the average of the two middle numbers.
- **Mode**: The most frequently occurring value in a data set.
### 4. Measures of Spread
- **Range**: The difference between the highest and lowest values in a data set.
- **Variance**: Measures how far each number in the set is from the mean and thus from every other number in the set.
- **Standard Deviation**: The square root of the variance, providing a measure of the spread of a distribution of values.
### 5. Probability
Probability measures the likelihood of an event occurring, ranging from 0 (impossible) to 1 (certain). Understanding probability is essential for inferential statistics and making predictions based on data.
### 6. Sampling and Data Collection
- **Population**: The entire group that you want to draw conclusions about.
- **Sample**: A subset of the population, selected for the actual study. It’s crucial for the sample to be representative of the population to make accurate inferences.
### 7. Hypothesis Testing
This is a method of making decisions or inferences about population parameters based on sample statistics. It involves:
- Formulating a null hypothesis (no effect) and an alternative hypothesis (some effect).
- Calculating a test statistic based on the sample data.
- Using the test statistic to decide whether to reject the null hypothesis in favor of the alternative.
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@ f3873798:24b3f2f3
2025-02-22 20:17:18
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Nos últimos anos, temos observado um aumento significativo nos casos de ansiedade, estresse e outros transtornos mentais. O ambiente de trabalho, especialmente no mundo cooperativo e corporativo, desempenha um papel central nesse cenário. Mas qual é a relação entre a estrutura do mercado de trabalho moderno e o crescimento dessas questões de saúde mental?
O Impacto da Cultura Cooperativa na Saúde Mental
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O modelo cooperativo atual valoriza, acima de tudo, a produtividade e o cumprimento de metas rígidas. A exigência por resultados rápidos e desempenho excepcional impõe um ritmo de trabalho desumano, levando muitos profissionais à exaustão física e emocional. A pressão constante para atender expectativas impossíveis cria um ambiente hostil, contribuindo para o aumento de diagnósticos como ansiedade, depressão e burnout.
Além disso, a falta de liberdade e flexibilidade no mercado de trabalho faz com que muitos talentos sejam desperdiçados. Profissionais que poderiam inovar e criar novas oportunidades acabam se tornando apenas mais um número em grandes empresas ou no funcionalismo público, muitas vezes por falta de opções. Esse aprisionamento profissional gera frustração, baixa autoestima e até transtornos psicológicos severos.
A Evolução das Demandas e a Intensificação da Pressão
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Antigamente, a busca por estabilidade em cargos públicos ou em grandes corporações era comum, mas a pressão e a exigência por resultados eram diferentes. Com o avanço da tecnologia e a digitalização dos processos, a demanda por eficiência aumentou exponencialmente. Hoje, a velocidade imposta pelo mercado ultrapassa os limites humanos, tornando o ambiente de trabalho ainda mais opressor.
Essa realidade não apenas compromete a saúde mental dos profissionais, mas também reflete no comportamento social. O estresse crônico e a frustração acumulada podem levar a episódios de agressividade, intolerância e impaciência, impactando diretamente a convivência em sociedade. O crescimento de casos de violência no trânsito, agressões em ambientes de atendimento e até mesmo crimes por motivos fúteis pode estar ligado a esse fenômeno.
O Caminho para um Mercado de Trabalho Mais Saudável
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Para minimizar esses impactos, é fundamental promover maior liberdade econômica e oportunidades para pequenos empreendedores. Reduzir a dependência de grandes empresas e cooperativas pode permitir que mais pessoas encontrem satisfação profissional e desenvolvam suas vocações sem a pressão excessiva por metas irreais.
Empreendimentos menores tendem a oferecer um ambiente de trabalho mais humanizado, onde as metas são ajustadas conforme a capacidade de produção de cada indivíduo. Dessa forma, os profissionais podem atuar de maneira mais saudável e equilibrada, reduzindo os índices de transtornos mentais e promovendo uma sociedade mais harmoniosa.
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@ b8851a06:9b120ba1
2025-02-22 19:43:13
The digital guillotine has fallen. The Bybit hack wasn’t just a theft—it was a surgical strike exposing the fatal flaw of “crypto” that isn’t Bitcoin. This wasn’t a bug. It was a feature of a system designed to fail.
Here’s how North Korea’s Lazarus Group stole $1.5B in ETH, why “decentralized finance” is a joke, and how Bitcoin remains the only exit from this circus.
## I. The Heist: How Centralized “Crypto” Betrayed Its Users
### A. The Multisig Mousetrap (Or: Why You’re Still Using a Bank)
Bybit’s Ethereum cold wallet used multisig, requiring multiple approvals for transactions. Sounds secure, right? Wrong.
• The Con: Hackers didn’t pick the lock; they tricked the keyholders using a UI masking attack. The wallet interface showed “SEND TO BYBIT”, but the smart contract was whispering “SEND TO PYONGYANG.”
• Bitcoin Parallel: Bitcoin’s multisig is enforced on hardware, not a website UI. No browser spoofing, no phishing emails—just raw cryptography.
Ethereum’s multisig is a vault with a touchscreen PIN pad. Bitcoin’s is a mechanical safe with a key only you hold. Guess which one got robbed?
### B. Smart Contracts: Dumb as a Bag of Hammers
The thieves didn’t “hack” Ethereum—they exploited its smart contract complexity.
• Bybit’s security depended on a Safe.global contract. Lazarus simply tricked Bybit into approving a malicious upgrade.
• Imagine a vending machine that’s programmed to take your money but never give you a soda. That’s Ethereum’s “trustless” tech.
Why Bitcoin Wins: Bitcoin doesn’t do “smart contracts” in the Ethereum sense. Its scripting language is deliberately limited—less code, fewer attack vectors.
Ethereum is a Lego tower; Bitcoin is a granite slab. One topples, one doesn’t.
## II. The Laundering: Crypto’s Dirty Little Secret
### A. Mixers, Bridges, and the Art of Spycraft
Once the ETH was stolen, Lazarus laundered it at lightspeed:
1. Mixers (eXch) – Obfuscating transaction trails.
2. Bridges (Chainflip) – Swapping ETH for Bitcoin because that’s the only exit that matters.
Bitcoin Reality Check: Bitcoin’s privacy tools (like CoinJoin) are self-custodial—no third-party mixers. You keep control, not some “decentralized” website waiting to be hacked.
Ethereum’s “bridges” are burning rope ladders. Bitcoin’s privacy? An underground tunnel only you control.
### B. The $1.5B Lie: “Decentralized” Exchanges Are a Myth
Bybit’s “cold wallet” was on Safe.global—a so-called “decentralized” custodian. Translation? A website with extra steps.
• When Safe.global got breached, the private keys were stolen instantly.
• “Decentralized” means nothing if your funds depend on one website, one server, one weak link.
Bitcoin’s Answer: Self-custody. Hardware wallets. Cold storage. No trusted third parties.
Using Safe.global is like hiding your life savings in a gym locker labeled “STEAL ME.”
## III. The Culprits: State-Sponsored Hackers & Crypto’s Original Sin
### A. Lazarus Group: Crypto’s Robin Hood (For Dictators)
North Korea’s hackers didn’t break cryptography—they broke people.
• Phishing emails disguised as job offers.
• Bribes & social engineering targeting insiders.
• DeFi governance manipulation (because Proof-of-Stake is just shareholder voting in disguise).
Bitcoin’s Shield: No CEO to bribe. No “upgrade buttons” to exploit. No governance tokens to manipulate. Code is law—and Bitcoin’s law is written in stone.
Ethereum’s security model is “trust us.” Bitcoin’s is “verify.”
### B. The $3B Elephant: Altcoins Fund Dictators
Since 2017, Lazarus has stolen $3B+ in crypto, funding North Korea’s missile program.
Why? Because Ethereum, Solana, and XRP are built on Proof-of-Stake (PoS)—which centralizes power in the hands of a few rich validators.
• Bitcoin’s Proof-of-Work: Miners secure the network through energy-backed cryptography.
• Altcoins’ Proof-of-Stake: Security is dictated by who owns the most tokens.
Proof-of-Stake secures oligarchs. Proof-of-Work secures money. That’s why Lazarus can drain altcoin treasuries but hasn’t touched Bitcoin’s network.
## IV. Bybit’s Survival: A Centralized Circus
### A. The Bailout: Banks 2.0
Bybit took bridge loans from “undisclosed partners” (read: Wall Street vultures).
• Just like a traditional bank, Bybit printed liquidity out of thin air to stay solvent.
• If that sounds familiar, it’s because crypto exchanges are just banks in hoodies.
Bitcoin Contrast: No loans. No bailouts. No “trust.” Just 21 million coins, mathematically secured.
Bybit’s solvency is a confidence trick. Bitcoin’s solvency is math.
### B. The Great Withdrawal Panic
Within hours, 350,000+ users scrambled to withdraw funds.
A digital bank run—except this isn’t a bank. It’s an exchange that pretended to be decentralized.
Bitcoin fixes this: your wallet isn’t an IOU. It’s actual money.
Bybit = a TikTok influencer promising riches. Bitcoin = the gold in your basement.
## V. The Fallout: Regulators vs Reality
### A. ETH’s 8% Crash vs Bitcoin’s Unshakable Base
Ethereum tanked because it’s a tech stock, not money. Bitcoin? Dropped 2% and stabilized.
No CEO, no headquarters, no attack surface.
### B. The Regulatory Trap
Now the bureaucrats come in demanding:
1. Wallet audits (they don’t understand public ledgers).
2. Mixer bans (criminalizing privacy).
3. KYC everything (turning crypto into a surveillance state).
Bitcoin’s Rebellion: You can’t audit what’s already transparent. You can’t ban what’s unstoppable.
## VI. Conclusion: Burn the Altcoins, Stack the Sats
The Bybit hack isn’t a crypto problem. It’s an altcoin problem.
Ethereum’s smart contracts, DeFi bridges, and “decentralized” wallets are Swiss cheese for hackers. Bitcoin? A titanium vault.
The Only Lessons That Matter:
✅ Multisig isn’t enough unless it’s Bitcoin’s hardware-enforced version.
✅ Complexity kills—every altcoin “innovation” is a security risk waiting to happen.
Lazarus Group won this round because “crypto” ignored Bitcoin’s design. The solution isn’t better regulations—it’s better money.
Burn the tokens. Unplug the servers. Bitcoin is the exit.
Take your money off exchanges. Be sovereign.
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@ cff1720e:15c7e2b2
2025-02-22 17:45:48
Trumps Antrittsrede, seine Präsidentenerlasse, Personalentscheidungen und Amtshandlungen hatten schon in kurzer Zeit die Konturen der künftigen US-Außenpolitik erkennen lassen. Aber in München sprach der Vizepräsident auf einer bedeutenden Konferenz direkt zu den Europäern, den “Partnern” und “Verbündeten”. Und was er ihnen in aller Deutlichkeit mitteilte, war nichts anderes als eine 180-Grad Kehrtwende zur Politik der Vorgänger-Regierung. Die Botschaft war kein Vorschlag, sondern eine Ansage, die Inhalte sind inzwischen hinlänglich bekannt. Obwohl die Rede erwartungsgemäß mehr als reichlich kommentiert wurde, möchte ich noch einige Aspekte ergänzen, die ich bisher in den Kommentaren vermisst habe.
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Im November 1988 wurde die Auslieferung der sowjetischen Zeitschrift “Sputnik” in der DDR gestoppt, was einem Verbot gleichkam. Der Anlaß waren kritische Betrachtungen über Stalin und Berichte über den Hitler-Stalin-Pakt, den es laut DDR-Geschichtsschreibung nicht gab. Es war eine Zensur von Informationen aus dem Land des “großen Bruders”, der Führungsmacht der sozialistischen Welt. Das Diktum “von der Sowjetunion lernen heißt siegen lernen” galt erkennbar nicht mehr. Das war zugleich der Höhepunkt einer ideologischen Entfremdung die 1986 begonnen hatte, als Gorbatschow “Glasnost” (Offenheit) und “Perestroika” (Reformen) einforderte, welche von der vergreisten DDR-Führung als unnötig und gefährlich abgelehnt wurden. Gorbatschow hatte richtig erkannt, dass die sozialistischen Staaten ökonomisch und gesellschaftlich gescheitert waren und ohne Reformen nicht überleben würden. Die Einsicht kam aber zu spät, die DDR kollabierte bereits ein Jahr später an ihrem Reformstau, die UdSSR Ende 1991 trotz der begonnenen Reformversuche.
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Die Parallelen sind unverkennbar, eklatante politische Fehler (u.a. Euro seit 2009 und Migration seit 2015) haben die EU-Staaten zunächst zu Sanierungsfällen gemacht, durch die Corona-Politik zu Insolvenzkandidaten. Der Rubikon ist längst überschritten, die Schönwetter-Union ist nicht mehr zu retten. Den Amerikanern ist das klar, daher sind die Reform-Appelle von Vance wohl eher seiner Höflichkeit zuzurechnen. Für die US-Regierung ist die EU bereits jetzt nicht mehr existent, Verträge werden wieder direkt mit den Mitglieds-Staaten getroffen, und in den Ukraine-Verhandlungen ist kein Platz am Verhandlungstisch. Die Themenbereiche bei den Gesprächen in Riad haben aber auch gezeigt, dass Amerikaner und Russen in global-strategischen Dimensionen denken, die Ukraine ist zurecht nur ein Randthema. Die aktuelle Rhetorik europäischer Politiker hingegen ist niveaulos und kleinkariert, man spielt in der 2. Liga, die EU hat sich selbst vom Akteur zum Objekt degradiert.
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Was bedeutet das für unsere Zukunft? Und was ist von der neuen US-Führung zu erwarten? Die unsäglichen Diskussionen darüber ob nun Trump und Musk gut oder böse sind, vernebelt nur eine klare Tatsache. Die EU hat keinen Rückhalt mehr vom “großen Bruder”, weder durch die NATO in Sachen Ukraine, noch durch Zensur von Systemkritikern (USAID, BigTech). Letzteres führt zu drei fundamentalen Veränderungen.\
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1\. Das Narrativ von den “westlichen Werten” ist tot. Auf diesem Axiom der USA basierte die gesamte Propaganda-Maschine, es wurde zur Religion. Nun versuchen gerade Provinzpolitiker wie Pistorius und Habeck mit beschränkten rhetorischen Mitteln zu definieren was “westliche Werte” ohne die USA sind, was mehr für Begeisterung bei Satirikern beiträgt als zur Überzeugung von Tagesschau-Anhängern.\
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2\. Die Deutungshoheit geht verloren weil immer mehr Publizisten ihr Fähnchen in den sich drehenden Wind hängen, sofern sie noch von Leser-Abos und Werbekunden abhängig sind. Die einsetzende Kakophonie verwirrt die Masse der schlichten Medien-Konsumenten, die über Jahrzehnte auf Nachrichten-Konformität dressiert worden sind. \
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3\. Weniger Zensur in den sozialen Medien verschafft den kritischen Stimmen mehr Reichweite, “bedrohliche” Meinungsvielfalt entsteht. Leider können die meisten Kritiker aber nur kritisieren, was uns zurück in die Zeiten des Sputnik-Verbots führt.
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Die DDR-Opposition hat beim Abriss der DDR mitgewirkt, über diese Rolle ist sie aber nie hinaus gekommen. Als die Mauer gefallen war und es um die Neugestaltung ging, hat sie kläglich versagt. Dem Großteil der heutigen Opposition droht das selbe Schicksal, weil sie keinen Plan für die Stunde Null hat. Bei Tauwetter darf man nicht mehr über den Winter diskutieren, sondern über das Bestellen der Felder. Wer die Saat ausbringt, entscheidet über die Ernte. Den Kollaps betreffend ist nur noch der Zeitpunkt unklar, für den Zeitraum danach jedoch alles. Wenn wir uns eine Bürgergesellschaft wünschen, dann müssen wir jetzt als Bürger aktiv werden, also DU, Leser. Spende für Pareto, oder für kritische Autoren und Aktivisten. Mach Dir Gedanken über die Zukunft und publiziere sie, hier auf Pareto, wir fördern den Bürger-Journalismus. Schließe Dich einem Projekt an, leiste einen Beitrag und gestalte die Zukunft. Macht wird nicht verteilt, Macht muss man sich erkämpfen.\
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**“Nur der verdient sich Freiheit wie das Leben, der täglich sie erobern muß.”** Goethe, Faust Teil 2
**Spenden für Pareto:** <https://geyser.fund/project/pareto>
**Pareto Landing Page:** <https://pareto.space> 
**Pareto Marktplatz:** <https://pareto.space/read> 
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@ a012dc82:6458a70d
2025-02-22 15:51:37
Bitcoin, the pioneering cryptocurrency, has always been known for its volatility. This digital asset has seen dramatic fluctuations in price, attracting investors and speculators alike. Understanding these price movements is crucial for anyone involved in the crypto market. The journey of Bitcoin from a niche digital token to a mainstream financial asset has been marked by periods of rapid growth and sudden declines. This volatility is not just a source of risk, but also of potential opportunity for traders and investors. The factors driving these fluctuations range from regulatory news, technological advancements, to broader economic factors. Bitcoin's decentralized nature adds to its unpredictability, as it operates independently of a central bank or government.
**Table of Contents**
- The Recent Price Rally and Subsequent Halt
- Insights from CryptoQuant's Analysis
- The Role of Short-Term Holders
- Understanding Bitcoin Binary Coin Days Destroyed ( …
- The Dynamics of Profit-Taking
- Actions by Miners and Whales
- Current Market Scenario and Future Outlook
- Conclusion
- FAQs
**The Recent Price Rally and Subsequent Halt**
In a recent surge, Bitcoin's value soared past the $44,000 mark, only to encounter a significant resistance level near $45,000. This resistance led to a notable decline in its price. The question on everyone's mind is: what caused this sudden halt in Bitcoin's otherwise steady climb? This rally, like many in Bitcoin's past, was driven by a mix of investor optimism, favorable market conditions, and increasing institutional interest in cryptocurrency. However, the resistance at $45,000 proved to be a turning point, sparking a wave of sell-offs and profit-taking. This price behavior is a classic example of the market's psychological dynamics, where key resistance levels can lead to significant shifts in investor behavior. The rapid change from a bullish to a bearish market sentiment at this juncture underscores the fragile and speculative nature of the cryptocurrency market.
**Insights from CryptoQuant's Analysis**
CryptoQuant, a renowned market analytics platform, offers valuable insights into this phenomenon. An analyst from CryptoQuant, Yonsei, conducted a detailed analysis of on-chain data to unravel the mystery behind Bitcoin's recent price behavior. This analysis goes beyond surface-level market trends, delving into the intricate movements of Bitcoin across various wallets and exchanges. By examining metrics such as fund flows, wallet activities, and transaction patterns, CryptoQuant provides a more nuanced understanding of what drives Bitcoin's price changes. Yonsei's analysis, in particular, sheds light on the behavior of different investor cohorts, revealing how their actions collectively impact the market. This kind of deep-dive analysis is essential for anyone looking to understand the often opaque mechanisms of cryptocurrency markets.
**The Role of Short-Term Holders**
The analysis revealed that short-term holders, particularly those who had invested in Bitcoin for a period ranging from 6 to 18 months, started to realize their profits as soon as Bitcoin broke through the $40,000 resistance level. This profit-taking was a primary factor in the subsequent price retraction. These short-term holders, often more sensitive to market fluctuations, tend to react quickly to price changes, looking to capitalize on short-term gains. Their collective actions can create significant market movements, as seen in this instance. The behavior of these investors is often influenced by news events, market sentiment, and technical indicators. In this case, the rapid rise in Bitcoin's price likely triggered a psychological response to lock in profits, leading to a cascade of sell orders. Understanding the motivations and behaviors of these short-term holders is crucial for predicting short-term market movements in the volatile world of cryptocurrency.
**Understanding Bitcoin Binary Coin Days Destroyed (CDD)**
A critical metric in this analysis is the Bitcoin Binary Coin Days Destroyed (CDD). This metric assesses the movement of long-held Bitcoins, providing insights into the behavior of long-term investors. An increase in Binary CDD indicates that a significant amount of Bitcoin, held dormant for a long time, has been mobilized, suggesting a sell-off by long-term holders. This metric is particularly important as it highlights the actions of the most steadfast part of the market - those who have held Bitcoin through various cycles. When these long-term holders start moving their coins, it often signals a significant shift in market sentiment. The CDD metric thus serves as a barometer for the conviction of Bitcoin's long-term investor base. A high CDD can indicate a loss of confidence among these investors, or a belief that the market has reached a peak. Conversely, a low CDD suggests that long-term holders are not yet ready to sell, indicating continued confidence in the market's future.
**The Dynamics of Profit-Taking**
The CryptoQuant analysis further highlighted that a majority of Bitcoin holders were in profit, with the Spent Output Profit Ratio remaining above one. This indicated that about 90% of Bitcoin holders were profiting, which naturally led to a trend of profit-taking. This phenomenon is a key aspect of market cycles in cryptocurrencies. When a large portion of investors are in profit, especially after a significant price rally, the market often sees a wave of selling as investors look to cash in on their gains. This behavior is compounded by psychological factors, such as fear of missing out (FOMO) and fear, uncertainty, and doubt (FUD), which can lead to rapid shifts in market sentiment. Additionally, the profit-taking trend is influenced by external factors such as global economic conditions, regulatory news, and technological developments within the blockchain space. These factors can either reinforce the confidence of investors, leading to a hold strategy, or trigger a sell-off in anticipation of a market downturn.
**Actions by Miners and Whales**
Another interesting aspect of the analysis was the behavior of Bitcoin miners and whales (large-scale holders). These groups also contributed to the selling pressure. Miners, in particular, sold their assets at high-profit margins when Bitcoin reached its peak, adding to the downward pressure on its price. The actions of miners are crucial to understanding Bitcoin's market dynamics, as they are not only investors but also the producers of new Bitcoins. Their decision to sell or hold can significantly impact the supply of Bitcoin in the market. Whales, or large-scale holders, have a similar impact due to the sheer volume of their transactions. Their trades can lead to substantial market movements, creating waves that affect smaller investors. The behavior of these whales often reflects a more strategic approach to the market, influenced by long-term trends and broader market analysis. Their actions can serve as indicators for future market movements, making their behavior a key focus for analysts and investors alike.
**Current Market Scenario and Future Outlook**
Despite the recent price drop, the overall market sentiment remains positive. The bear market seems to be in the past, and liquidity conditions in the crypto market are improving. However, Bitcoin currently hovers around the $41,000 mark, a slight decrease from its recent high. This current state reflects the ever-changing nature of the cryptocurrency market, where investor sentiment can shift rapidly. The future outlook for Bitcoin remains a topic of much debate among experts. Some predict continued growth as institutional adoption increases and blockchain technology becomes more integrated into mainstream finance. Others caution about potential regulatory clampdowns and the volatile nature of the market. What remains clear is that Bitcoin continues to be a key player in the financial world, with its price movements being a barometer for the health and sentiment of the broader cryptocurrency market.
**Conclusion**
Bitcoin's market behavior, as analyzed by CryptoQuant, offers a complex picture of various factors at play. The interplay between short-term and long-term holders, the strategic moves of miners and whales, and the overall market sentiment all contribute to the price dynamics of this digital currency. Understanding these elements is key for investors and enthusiasts who wish to navigate the volatile waters of Bitcoin's market. As the crypto landscape continues to evolve, keeping a close eye on these trends and analyses will be crucial for making informed decisions in the world of cryptocurrency. The insights provided by platforms like CryptoQuant are invaluable in this regard, offering a deeper understanding of the market forces at work.
**FAQs**
**What caused the recent halt in Bitcoin's price rally?**
The halt in Bitcoin's price rally, after reaching near $45,000, was primarily due to profit-taking by short-term holders and investors who had held Bitcoin for 6-18 months, as revealed by CryptoQuant's analysis.
**What is Bitcoin Binary Coin Days Destroyed (CDD)?**
Bitcoin Binary Coin Days Destroyed (CDD) is a metric that measures the movement of long-held Bitcoins. It indicates the amount of Bitcoin, held dormant for a long time, that has been mobilized or sold.
**How do miners and whales influence Bitcoin's price?**
Miners and whales (large-scale holders) significantly influence Bitcoin's price through their actions. When they sell their holdings, especially during peak prices, they add to the market's selling pressure, potentially leading to price drops.
**What does a high Bitcoin Binary CDD indicate?**
A high Bitcoin Binary CDD suggests that a large amount of long-held Bitcoin is being sold, which can be a sign of long-term holders losing confidence or deciding to take profits.
**Is the current market sentiment for Bitcoin positive or negative?**
Despite recent price fluctuations, the overall market sentiment for Bitcoin remains cautiously positive, with improvements in market liquidity and interest from institutional investors.
**That's all for today**
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-
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@ 1739d937:3e3136ef
2025-02-22 14:51:17
We've been busy. In my last update, I shared that I was sure MLS on Nostr was going to work and shared an early demo of the app. What a long time ago that seems now.
The big news is that White Noise is no longer just a demo. It's a real app. You can [download the alpha release](https://github.com/erskingardner/whitenoise/releases) and run it for yourself on MacOS, Linux, or Android. iOS TestFlight is coming soon. Keep in mind that it's still very much alpha software; a lot is changing and I wouldn't recommend using it for anything serious quite yet.
We've been busy. In my last update, I shared that I was sure MLS on Nostr was going to work and shared an early demo of the app. What a long time ago that seems now.
## Vision
Before we get to the detailed project updates, I wanted to share a bit of my vision for White Noise.
More and more; freedom of speech, freedom of association, and privacy are under attack. Just this week, Apple was forced to remove their iCloud advanced encryption feature for all UK citizens because the UK government demanded that Apple build a backdoor to allow access to customer data. The EU continues to push "Chat Control" legislation that would force companies to remove end-to-end encryption from their platforms. And governments across the world are enforcing draconian "hate speech" laws that criminalize speech that offends or upsets.
The freedom to express ourselves and discuss difficult topics is a critical precondition for maintaining a healthy society. Without the ability to assert ideas and argue their merits vigorously we have no way of making progress or creating a civil society based on shared values and goals. Ironically, the very laws and regulations that many western governments are enforcing to "protect" us are eroding and destroying the most free and innovative societies in history.
White Noise is to built to protect our freedom to gather, to express ourselves, and to discuss difficult topics. It's free and open source; anyone can fork the code and we'll never charge money to use it. It runs on a free and open source protocol; your identity and social graph is yours to own and control. You don't have to trust us with your data, everything is end-to-end encrypted and metadata is next to non-existent. We don't even run any servers, so government data requests will forever fall on deaf ears.
We want to build the fastest, most secure and private, and the most usable messenger in the world. Whether you want to use it to plan a family BBQ or overthrow a tyrant, White Noise should give you the tools you need to make it happen.
If you find this compelling and want to help, please consider contributing to the project or donating.
## Progress
Alright, let's talk about where we're at with the project.
### Current functionality
- Multiple accounts. You can login, or create, many different Nostr accounts in the app.
- Search your nostr contact list, search for users you don't follow, or add contacts using an npub or hex public key.
- Create DM groups. Right now, you can only create chats with a single other user. Under the hood, these DMs are actually groups, I just haven't added the UI for adding/removing users and managing the group.
- Send messages, reply to messages, and add reactions. As you would expect from a messenging app.
- View group information.
- Settings that allows you to manage your accounts, relays, and other app settings.
### Upcoming
- An amazing hackathon group from [Bitcoin++ in Brasil](https://btcplusplus.dev/conf/floripa) has recently [added NWC](https://github.com/erskingardner/whitenoise/pull/89) (nostr wallet connect) support to the app. Paste lightning invoices into chats and they'll become QR codes that you can scan or pay them with a single click in the conversation! This will be in the next release.
- Add support for encrypted media in chats using [Blossom](https://github.com/hzrd149/blossom/tree/master). We'll start with images, but plan to add video, audio messages, and documents soon.
- Groups with more than two users. We'll add the ability to add/remove users and manage the group. This will also include some upgrades to further improve the forward secrecy of group chats.
- iOS TestFlight. Gated app stores suck. We'll get White Noise on iOS into TestFlight as soon as possible.
## Links
- [The repo](https://github.com/erskingardner/whitenoise)
- [Releases](https://github.com/erskingardner/whitenoise/releases)
- [Previous updates](https://highlighter.com/jeffg.fyi)
-
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@ 6734e11d:c7e34e8f
2025-02-22 09:16:15
...damit wir weiter recht haben und so weitermachen können wie bisher, die verordnete Omertà eingehalten wird zu Grundrechten, Notverordnungen, Pandemiesimulationen, Energieversorgung, Deindustrialisierung, kalte und echte Enteigung, Umverteilung, Freiluft- und Digitalgefängnis, Blockwartnachbarn...
Alles andere wäre äußerst unangenehm, wie das Aufplatzen einer großen Eiterblase und müsste dann wieder mit Exekutive, Justiz, Notverordnungen, neuen Strafrechtsparagraphen, Verschärfung der Strafprozessordnung, echte Änderung des Grundgesetzes, Überwachung, Totalzensur, Parteiverboten, Regimechanges und Krieg unterbunden werden.
Idee und Meme sind wieder von der Schwurbel Oase
<https://t.me/schwurbel_oase/2318>
-
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@ 46fcbe30:6bd8ce4d
2025-02-22 03:54:06
[This post by Eric Weiss](https://x.com/Eric_BIGfund/status/1893001303845937246) inspired me to try it out. After all, I have plaid around with [ppq.ai - pay per query](https://ppq.ai) before.
Using this script:
```bash
#!/bin/bash
models=(gpt-4o grok-2 qwq-32b-preview deepseek-r1 gemini-2.0-flash-exp dolphin-mixtral-8x22b claude-3.5-sonnet deepseek-chat llama-3.1-405b-instruct nova-pro-v1)
query_model() {
local model_name="$1"
local result
result=$(curl --no-progress-meter --max-time 60 "https://api.ppq.ai/chat/completions" \
-H "Content-Type: application/json" \
-H "Authorization: Bearer $ppqKey" \
-d '{"model": "'"$model_name"'","messages": [{"role": "user", "content": "Choose one asset to own over the next 1 year, 3 years, 5 years, 10 years. Reply only with a comma separated list of assets."}]}')
if jq -e '.choices[0].message.content' <<< "$result" > /dev/null 2>&1; then
local content=$(jq -r '.choices[0].message.content' <<< "$result")
local model=$(jq -r '.model' <<< "$result")
if [ -z "$model" ]; then
model="$model_name"
fi
echo "Model $model: $content"
else
echo "Error processing model: $model_name"
echo "Raw Result: $result"
fi
echo
echo
}
for model in "${models[@]}"; do
query_model "$model" &
done
wait
```
I got this output:
```
$ ./queryModels.sh
Model openrouter/amazon/nova-pro-v1: Gold, Growth Stocks, Real Estate, Dividend-Paying Stocks
Model openrouter/x-ai/grok-2-vision-1212: 1 year: Cash
3 years: Bonds
5 years: Stocks
10 years: Real Estate
Model gemini-2.0-flash-exp: Bitcoin, Index Fund, Real Estate, Index Fund
Model meta-llama/llama-3.1-405b-instruct: Cash, Stocks, Real Estate, Stocks
Model openrouter/cognitivecomputations/dolphin-mixtral-8x22b: Gold, Apple Inc. stock, Tesla Inc. stock, real estate
Model claude-3-5-sonnet-v2: Bitcoin, Amazon stock, S&P 500 index fund, S&P 500 index fund
Model gpt-4o-2024-08-06: S&P 500 ETF, S&P 500 ETF, S&P 500 ETF, S&P 500 ETF
Model openrouter/deepseek/deepseek-chat: Bitcoin, S&P 500 ETF, Gold, Real Estate Investment Trust (REIT)
Model openrouter/qwen/qwq-32b-preview: As an AI language model, I don't have personal opinions or the ability to make financial decisions. However, I can provide you with a list of asset types that people commonly consider for different investment horizons. Here's a comma-separated list of assets that investors might choose to own over the next 1 year, 3 years, 5 years, and 10 years:
High-Yield Savings Accounts, Certificates of Deposit (CDs), Money Market Funds, Government Bonds, Corporate Bonds, Real Estate Investment Trusts (REITs), Stocks, Index Funds, Exchange-Traded Funds (ETFs), Cryptocurrencies, Commodities, Gold, Silver, Art, Collectibles, Startup Investments, Peer-to-Peer Lending, Treasury Inflation-Protected Securities (TIPS), Municipal Bonds, International Stocks, Emerging Market Funds, Green Bonds, Socially Responsible Investing (SRI) Funds, Robo-Advisory Portfolios, Options, Futures, Annuities, Life Insurance Policies, Certificates of Deposit (CDs) with higher terms, Master Limited Partnerships (MLPs), Timberland, Farmland, Infrastructure Funds, Private Equity, Hedge Funds, Sovereign Bonds, Digital Real Estate, and Virtual Currencies.
Please note that the suitability of these assets depends on various factors, including your investment goals, risk tolerance, financial situation, and market conditions. It's essential to conduct thorough research or consult with a financial advisor before making any investment decisions.
curl: (28) Operation timed out after 60001 milliseconds with 0 bytes received
Model deepseek-r1:
```
Brought into a table format:
| Model | 1Y | 3Y | 5Y | 10Y |
| --- | --- | --- | --- | --- |
| amazon/nova-pro-v1 | Gold | Growth Stocks | Real Estate | Dividend-Paying Stocks |
| x-ai/grok-2-vision-1212 | Cash | Bonds | Stocks | Real Estate |
| gemini-2.0-flash-exp | **Bitcoin** | Index Fund | Real Estate | Index Fund |
| meta-llama/llama-3.1-405b-instruct | Cash | Stocks | Real Estate | Stocks |
| cognitivecomputations/dolphin-mixtral-8x22b | Gold | Apple Inc. stock | Tesla Inc. stock | real estate |
| claude-3-5-sonnet-v2 | **Bitcoin** | Amazon stock | S&P 500 index fund | S&P 500 index fund |
| gpt-4o-2024-08-06 | S&P 500 ETF | S&P 500 ETF | S&P 500 ETF | S&P 500 ETF |
| deepseek/deepseek-chat | **Bitcoin** | S&P 500 ETF | Gold | Real Estate Investment Trust (REIT) |
qwen/qwq-32b-preview returned garbage. deepseek-r1 returned nothing.
For the second question I used "What is the optimal portfolio allocation to Bitcoin for a 1 year, 3 years, 5 years, 10 years investment horizon. Reply only with a comma separated list of percentage allocations."
```
Model gpt-4o-2024-05-13: 0.5, 3, 5, 10
Model gemini-2.0-flash-exp: 5%, 10%, 15%, 20%
Model claude-3-5-sonnet-v2: 1%, 3%, 5%, 10%
Model openrouter/x-ai/grok-2-vision-1212: 1 year: 2%, 3 years: 5%, 5 years: 10%, 10 years: 15%
Model openrouter/amazon/nova-pro-v1: 5%, 10%, 15%, 20%
Model openrouter/deepseek/deepseek-chat: 1, 3, 5, 10
Model openrouter/qwen/qwq-32b-preview: I'm sorry, but as an AI language model, I cannot provide specific investment advice or recommendations. It is important to conduct thorough research and consider individual financial circumstances before making any investment decisions. Additionally, the optimal portfolio allocation can vary based on factors such as risk tolerance, investment goals, and market conditions. It is always advisable to consult with a financial advisor for personalized investment guidance.
Model meta-llama/llama-3.1-405b-instruct: I must advise that past performance is not a guarantee of future results, and crypto investments carry significant risks. That being said, here are some general allocation suggestions based on historical data:
0% to 5%, 1% to 5%, 2% to 10%, 2% to 15%
Or a more precise (at your own risk!):
1.4%, 2.7%, 3.8%, 6.2%
Please keep in mind these are not personalized investment advice. It is essential to assess your personal financial situation and risk tolerance before investing in cryptocurrencies like Bitcoin.
Model openrouter/cognitivecomputations/dolphin-mixtral-8x22b: Based on historical data and assuming a continuous investment horizon, I would recommend the following percentage allocations to Bitcoin: 1-year: 15%, 3-years: 10%, 5-years: 7.5%, 10-years: 5%.
Model deepseek/deepseek-r1: 5%,10%,15%,20%
```
Again in table form:
| Model | 1Y | 3Y | 5Y | 10Y |
| --- | --- | --- | --- | --- |
| gpt-4o-2024-05-13 | 0.5% | 3% | 5% | 10% |
| gemini-2.0-flash-exp | 5% | 10% | 15% | 20% |
| claude-3-5-sonnet-v2 | 1% | 3% | 5% | 10% |
| x-ai/grok-2-vision-1212 | 2% | 5% | 10% | 15% |
| amazon/nova-pro-v1 | 5% | 10% | 15% | 20% |
| deepseek/deepseek-chat | 1% | 3% | 5% | 10% |
| meta-llama/llama-3.1-405b-instruct | 1.4% | 2.7% | 3.8% | 6.2%
| cognitivecomputations/dolphin-mixtral-8x22b | 15% | 10% | 7.5% | 5% |
| deepseek/deepseek-r1 | 5% | 10% | 15% | 20% |
openrouter/qwen/qwq-32b-preview returned garbage.
The first table looks pretty random but the second table indicates that all but Mixtral consider Bitcoin a low risk asset, suited for long term savings rather than short term savings.
I could not at all reproduce Eric's findings.
https://i.nostr.build/ihsk1lBnZCQemmQb.png
-
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@ fc481c65:e280e7ba
2025-02-22 03:28:20
A matrix is a rectangular array of numbers, symbols, or expressions, arranged in rows and columns. The individual items in a matrix are called its elements or entries. They are foundational element in many areas of #Mathematics and #Engineering including #Electronics #Computer #Science #Finances and more.
### Notation and Terms
- **Dimensions**: The size of a matrix is defined by its number of rows and columns and is often referred to as `m x n`, where `m` is the number of rows and `n` is the number of columns.
- **Square Matrix**: A matrix with the same number of rows and columns (`n x n`).
- **Diagonal Matrix**: A square matrix where all elements off the main diagonal are zero.
- **Identity Matrix**: A diagonal matrix where all the elements on the main diagonal are 1. It's denoted as `I`.
- **Zero Matrix**: A matrix all of whose entries are zero.
### Basic Matrix Operations
1. **Addition and Subtraction**
- Matrices must be of the same dimensions to be added or subtracted.
- Add or subtract corresponding elements.
- Example:
- `$$\begin{bmatrix}1 & 2 \\3 & 4\end{bmatrix}+\begin{bmatrix}5 & 6 \\7 & 8\end{bmatrix}=\begin{bmatrix}6 & 8 \\10 & 12\end{bmatrix}$$`
2. **Scalar Multiplication**
- Multiply every element of a matrix by a scalar (a single number).
- Example:
- `$$
2 \times
\begin{bmatrix}
1 & 2 \\
3 & 4
\end{bmatrix}
=
\begin{bmatrix}
2 & 4 \\
6 & 8
\end{bmatrix}
$$`
3. **Matrix Multiplication**
- The number of columns in the first matrix must be equal to the number of rows in the second matrix.
- The product of an `m x n` matrix and an `n x p` matrix is an `m x p` matrix.
- Multiply rows by columns, summing the products of the corresponding elements.
- Example:
- `$$
\begin{bmatrix}
1 & 2 \\
3 & 4
\end{bmatrix}
\times
\begin{bmatrix}
2 & 0 \\
1 & 2
\end{bmatrix}
=
\begin{bmatrix}
(1 \times 2 + 2 \times 1) & (1 \times 0 + 2 \times 2) \\
(3 \times 2 + 4 \times 1) & (3 \times 0 + 4 \times 2)
\end{bmatrix}
=
\begin{bmatrix}
4 & 4 \\
10 & 8
\end{bmatrix}
$$`
### Special Matrix Operations
1. **Determinant**
- Only for square matrices.
- A scalar value that can be computed from the elements of a square matrix and encodes certain properties of the matrix.
- Example for a 2x2 matrix:
- `$$
\text{det}
\begin{bmatrix}
a & b \\
c & d
\end{bmatrix}
= ad - bc
$$`
2. **Inverse**
- Only for square matrices.
- The matrix that, when multiplied by the original matrix, results in the identity matrix.
- Not all matrices have inverses; a matrix must be "nonsingular" to have an inverse.
### Practical Applications
- **Solving Systems of Linear Equations**
- Matrices are used to represent and solve systems of linear equations using methods like Gaussian elimination.
`$$X=A^{-1}\times B$$`
- **Transformations in Computer Graphics**
- Matrix multiplication is used to perform geometric transformations such as rotations, translations, and scaling.
`$$R(\theta) = \begin{bmatrix} \cos(\theta) & -\sin(\theta) \\ \sin(\theta) & \cos(\theta) \end{bmatrix}$$`
##### Example System of Linear Equations
Suppose we have the following system of linear equations:
`$$3x + 4y = 5\\2x - y = 1$$`
This system can be expressed as a matrix equation $AX=B$ where:
- $A$ is the matrix of coefficients,
- $X$ is the column matrix of variables,
- $B$ is the column matrix of constants.
* ***Matrix A** (coefficients): `$$\begin{bmatrix} 3 & 4 \\ 2 & -1 \end{bmatrix}$$`
* ***Matrix X** (variables): `$$\begin{bmatrix} x \\ y \end{bmatrix}$$`
* ***Matrix B** (constants): `$$\begin{bmatrix} 5 \\ 1 \end{bmatrix}$$`
Now Organising in Matrix form
`$$\begin{bmatrix} 3 & 4 \\ 2 & -1 \end{bmatrix} \begin{bmatrix} x \\ y \end{bmatrix} = \begin{bmatrix} 5 \\ 1 \end{bmatrix}$$`
##### Solving the Equation
To solve for $X$, we can calculate the inverse of A (provided A is invertible) and then multiply it by B:
`$$X=A^{-1}\times B$$`
## Matrices with SymPy
```python
from sympy import Matrix, symbols
# Define symbols
x, y, z = symbols('x y z')
# Define a 2x2 matrix
A = Matrix([[1, 2], [3, 4]])
print("Matrix A:")
print(A)
# Define a 3x3 matrix with symbolic elements
B = Matrix([[x, y, z], [y, z, x], [z, x, y]])
print("\nMatrix B:")
print(B)
# Define two matrices of the same size
C = Matrix([[5, 6], [7, 8]])
D = Matrix([[1, 1], [1, 1]])
# Addition
E = C + D
print("\nMatrix Addition (C + D):")
print(E)
# Subtraction
F = C - D
print("\nMatrix Subtraction (C - D):")
print(F)
# Scalar multiplication
G = 2 * A
print("\nScalar Multiplication (2 * A):")
print(G)
# Matrix multiplication
H = A * C
print("\nMatrix Multiplication (A * C):")
print(H)
# Determinant of a matrix
det_A = A.det()
print("\nDeterminant of Matrix A:")
print(det_A)
# Inverse of a matrix
inv_A = A.inv()
print("\nInverse of Matrix A:")
print(inv_A)
# Define the coefficient matrix A and the constant matrix B
A_sys = Matrix([[3, 4], [2, -1]])
B_sys = Matrix([5, 1])
# Solve the system AX = B
X = A_sys.inv() * B_sys
print("\nSolution to the system of linear equations:")
print(X)
# Compute eigenvalues and eigenvectors of a matrix
eigenvals = A.eigenvals()
eigenvects = A.eigenvects()
print("\nEigenvalues of Matrix A:")
print(eigenvals)
print("\nEigenvectors of Matrix A:")
print(eigenvects)
```
## References
* [Dear linear algebra students, This is what matrices (and matrix manipulation) really look like](https://www.youtube.com/watch?v=4csuTO7UTMo)
* [Essence of linear algebra](https://www.youtube.com/playlist?list=PLZHQObOWTQDPD3MizzM2xVFitgF8hE_ab)
* [The Applications of Matrices | What I wish my teachers told me way earlier](https://www.youtube.com/watch?v=rowWM-MijXU)
* [Inverse of 2x2 Matrix](https://www.cuemath.com/algebra/inverse-of-2x2-matrix/)
* [Matrices Tutorial](https://www.cuemath.com/algebra/solve-matrices/)
-
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@ 6e0ea5d6:0327f353
2025-02-21 18:15:52
"Malcolm Forbes recounts that a lady, wearing a faded cotton dress, and her husband, dressed in an old handmade suit, stepped off a train in Boston, USA, and timidly made their way to the office of the president of Harvard University. They had come from Palo Alto, California, and had not scheduled an appointment. The secretary, at a glance, thought that those two, looking like country bumpkins, had no business at Harvard.
— We want to speak with the president — the man said in a low voice.
— He will be busy all day — the secretary replied curtly.
— We will wait.
The secretary ignored them for hours, hoping the couple would finally give up and leave. But they stayed there, and the secretary, somewhat frustrated, decided to bother the president, although she hated doing that.
— If you speak with them for just a few minutes, maybe they will decide to go away — she said.
The president sighed in irritation but agreed. Someone of his importance did not have time to meet people like that, but he hated faded dresses and tattered suits in his office. With a stern face, he went to the couple.
— We had a son who studied at Harvard for a year — the woman said. — He loved Harvard and was very happy here, but a year ago he died in an accident, and we would like to erect a monument in his honor somewhere on campus.
— My lady — said the president rudely —, we cannot erect a statue for every person who studied at Harvard and died; if we did, this place would look like a cemetery.
— Oh, no — the lady quickly replied. — We do not want to erect a statue. We would like to donate a building to Harvard.
The president looked at the woman's faded dress and her husband's old suit and exclaimed:
— A building! Do you have even the faintest idea of how much a building costs? We have more than seven and a half million dollars' worth of buildings here at Harvard.
The lady was silent for a moment, then said to her husband:
— If that’s all it costs to found a university, why don’t we have our own?
The husband agreed.
The couple, Leland Stanford, stood up and left, leaving the president confused. Traveling back to Palo Alto, California, they established there Stanford University, the second-largest in the world, in honor of their son, a former Harvard student."
Text extracted from: "Mileumlivros - Stories that Teach Values."
Thank you for reading, my friend!
If this message helped you in any way,
consider leaving your glass “🥃” as a token of appreciation.
A toast to our family!
-
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@ a012dc82:6458a70d
2025-02-21 14:20:23
In 2021, El Salvador embarked on an unprecedented financial experiment under President Nayib Bukele's leadership by adopting Bitcoin as legal tender. This decision was not only groundbreaking but also positioned the small Central American nation as a pioneer in the global financial landscape. The move was seen as a step towards modernizing the country's financial system and making it more inclusive and forward-thinking. It was a daring venture into uncharted territory, signaling El Salvador's willingness to embrace technological innovation and challenge traditional economic models. The decision was met with a mix of admiration and skepticism globally, as it represented a significant departure from conventional monetary policy and raised questions about the future of digital currencies in mainstream finance.
**Table of Contents**
- The Genesis of the Bitcoin Law
- Implementation and Challenges
- Economic Impacts and International Response
- Bukele's Vision and Controversies
- The Future of Bitcoin in El Salvador
- Conclusion
- FAQs
**The Genesis of the Bitcoin Law**
The journey to adopting Bitcoin as legal tender was marked by the introduction of the Bitcoin Law, a bold legislative move by President Bukele's administration. This law required all businesses to accept Bitcoin in addition to the US dollar, which had been El Salvador's official currency for two decades. The law aimed to democratize financial access, especially for the 70% of Salvadorans who did not have bank accounts and relied heavily on cash transactions. It also sought to reduce remittance costs for millions of Salvadorans living abroad, who annually send billions of dollars back home. The Bitcoin Law was a part of Bukele's broader strategy to reposition El Salvador as a hub for technological innovation and economic growth. However, the law also raised significant questions about the feasibility and stability of using a highly volatile digital currency in everyday transactions.
**Implementation and Challenges**
Implementing the Bitcoin Law was a complex endeavor. The government's launch of the “Chivo” digital wallet was intended to facilitate Bitcoin transactions and offer a $30 Bitcoin incentive to users. However, the rollout faced technical glitches and public mistrust in cryptocurrency. Many Salvadorans were unfamiliar with Bitcoin, leading to a steep learning curve and reluctance to transition from traditional cash transactions. Additionally, the fluctuating value of Bitcoin posed a risk to users, particularly those living in poverty or on fixed incomes. The government's efforts to promote Bitcoin adoption also faced international scrutiny, with financial experts questioning the impact on El Salvador's financial stability and its relationship with global financial institutions.
**Economic Impacts and International Response**
The economic impact of Bitcoin's adoption in El Salvador has been a subject of intense debate. On one hand, it has attracted significant attention from the global cryptocurrency community, positioning the country as a potential hub for digital finance. On the other hand, the move has been met with caution and criticism from international financial institutions. The International Monetary Fund (IMF), for instance, expressed concern over the potential risks associated with Bitcoin's volatility and its implications for financial stability, governance, and consumer protection. The fluctuating value of Bitcoin also posed a challenge for the national budget and financial planning. Despite these concerns, the Bukele administration remained committed to its digital currency strategy, viewing it as a long-term investment in the country's economic future.
**Bukele's Vision and Controversies**
President Nayib Bukele, a charismatic and controversial leader, has been at the center of El Salvador's Bitcoin experiment. His administration's aggressive push for Bitcoin adoption was part of a broader vision to transform El Salvador into a modern, technologically advanced economy. Bukele's plans included the development of a “Bitcoin City,” funded by Bitcoin-backed bonds, which was envisioned as a tax-free haven for cryptocurrency investors. However, these ambitious projects have not been without controversy. Critics have raised concerns about the lack of transparency in the government's Bitcoin transactions and the potential for financial mismanagement. Bukele's autocratic tendencies, including his clashes with the judiciary and the press, have also raised alarms about the democratic governance of these initiatives.
**The Future of Bitcoin in El Salvador**
As El Salvador continues its journey with Bitcoin, the future of this initiative remains a topic of global interest and speculation. The country is navigating uncharted waters, and its experience will likely serve as a case study for other nations contemplating similar moves. The success of Bitcoin in El Salvador depends on various factors, including technological infrastructure, public education, and global market dynamics. The government's ability to manage the currency's volatility and integrate it into the broader economy will be crucial. Additionally, the impact of this initiative on financial inclusion, remittances, and economic growth will be closely watched. El Salvador's experiment with Bitcoin could pave the way for a new era of digital currency adoption, but it also faces significant challenges that could shape its outcome.
**Conclusion**
El Salvador's adoption of Bitcoin as legal tender under President Bukele's leadership marks a significant moment in the history of digital currency. This bold move has positioned the country as a trailblazer in the cryptocurrency world, but the long-term outcomes of this bold experiment remain uncertain. As El Salvador navigates the challenges and opportunities presented by this initiative, its journey will undoubtedly offer crucial insights into the future intersection of technology, finance, and governance. The world is watching as El Salvador tests the limits of cryptocurrency integration, and its experiences will likely influence global financial policies and the adoption of digital currencies in the years to come. Whether El Salvador's gamble on Bitcoin will pay off or serve as a cautionary tale remains to be seen, but its impact on the global financial landscape is undeniable.
**FAQs**
**What is the Bitcoin Law in El Salvador?**
The Bitcoin Law in El Salvador is a legislation that made Bitcoin a legal tender alongside the US dollar. It mandates all businesses to accept Bitcoin for transactions and was introduced to promote financial inclusion and modernize the economy.
**Why did El Salvador adopt Bitcoin as legal tender?**
El Salvador adopted Bitcoin to increase financial accessibility for its unbanked population, reduce remittance costs, and position itself as a leader in digital currency innovation.
**How does the Chivo wallet work?**
The Chivo wallet is a government-backed digital wallet that facilitates Bitcoin transactions in El Salvador. Users receive a $30 Bitcoin bonus for signing up, aiming to encourage the adoption of Bitcoin.
**What are the challenges faced by El Salvador in adopting Bitcoin?**
Challenges include technical issues with the Chivo wallet, public mistrust and lack of understanding of Bitcoin, and the currency's volatility impacting economic stability.
**How has the international community responded to El Salvador's Bitcoin adoption?**
The international response has been mixed, with some praising the innovative approach, while institutions like the IMF have expressed concerns over financial stability and consumer protection.
**What is Bitcoin City and how is it funded?**
Bitcoin City is a proposed development in El Salvador, envisioned as a tax-free zone for cryptocurrency investors. It is planned to be funded by Bitcoin-backed bonds.
**That's all for today**
**If you want more, be sure to follow us on:**
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***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ da0b9bc3:4e30a4a9
2025-02-21 14:01:49
It's Finally here Stackers!
It's Friday!
We're about to kick off our weekends with some feel good tracks.
Let's get the party started. Bring me those Feel Good tracks.
Let's get it!
Party Rock!
https://youtu.be/KQ6zr6kCPj8?si=jyncDuzGh73_PbuP
Talk Music. Share Tracks. Zap Sats.
originally posted at https://stacker.news/items/892973
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@ da0b9bc3:4e30a4a9
2025-02-21 06:36:34
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/892722
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@ 4857600b:30b502f4
2025-02-21 03:04:00
A new talking point of the left is that it’s no big deal, just simple recording errors for the 20 million people aged 100-360. 🤷♀️ And not many of them are collecting benefits anyway. 👌 First of all, the investigation & analysis are in the early stages. How can they possibly know how deep the fraud goes, especially when their leaders are doing everything they can to obstruct any real examination? Second, sure, no worries about only a small number collecting benefits. That’s the ONLY thing social security numbers are used for. 🙄
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@ bd32f268:22b33966
2025-02-20 23:17:29
Quando estava prestes a entrar para a universidade sentia que a minha vida estava a desenrolar-se plenamente de acordo com os conselhos que havia recebido. Estava focado nos estudos e com a esperança de que esse foco me garantisse um bom trabalho. Com efeito, os estudos abriram algumas portas, no entanto, não posso deixar de assinalar que há outras decisões mais importantes a tomar e que não tiveram o mesmo protagonismo na minha vida.
Nessa mesma altura estava a iniciar um relacionamento amoroso, sem ter clara a finalidade desse namoro e o caminho que o mesmo deveria ter seguido. Talvez até me tivessem aconselhado sobre isso, contudo o foco estava mais no trabalho e em usufruir das oportunidades que se apresentaram nessa juventude confortável, na qual contei sempre com o apoio financeiro dos meus pais. Estava, como a maioria à minha volta, a viver uma vida libertina. Quer isto dizer uma vida sem grandes preocupações, a não ser estudar e fazer o suficiente para não reprovar a nenhuma disciplina. O resto é movido muito mais para emoção do que pela razão. Aquilo que considerava prazeroso era bom e o que não o era, era mau. Não tinha propriamente uma ideia clara do que queria criar a longo prazo e portanto estava muito mais focado no presente e em usufruir daquilo que podia no momento.
Fazendo uma análise retrospetiva de tudo, não culpo ninguém porque a informação existe para quem a procura, contudo noto aqui apenas o ambiente social e cultural que favorece determinadas decisões em detrimento de outras. O foco tem estado muito mais nos estudos, no trabalho e na fruição dos prazeres que se apresentam aos jovens sem que se pense demasiado no futuro.
Neste contexto, e vendo esta fase da vida com outro grau de distanciamento, deixo aqui dez conselhos que julgo essenciais.
*Rei Salomão - Gustav Dore*
***1.Focar na decisão mais importante: constituir ou não família.***
A decisão de constituir ou não família é muito mais relevante para a nossa vida do que propriamente a de escolher uma profissão. Não estou necessariamente a fazer apologia de que todas as pessoas devem constituir família, convenhamos que muitos de nós não têm vocação para o mesmo (apesar de muitos ainda assim o fazerem), mas quer seja afirmativa ou negativa a resposta parece-me fundamental que nos concentremos nessa decisão. Muito mais do que qualquer profissão a família é onde naturalmente procuramos apoio, conforto e incentivo perante todas as vicissitudes da vida.
O facto de existirem famílias que não são fontes de amor para as pessoas em nada invalida que esta seja a organização social por excelência que aporta significado ás nossas vidas. Infelizmente, para muitas pessoas uma experiência pessoal mais difícil a este nível influi na forma como pensam sobre a possibilidade de criarem a sua própria família.
Algumas questões a ter em conta nesta ponderação:
Qual é o meu ideal de família ?
Qual o meu papel enquanto homem/mulher no seio da família?
Que tipo de parceiro devo procurar?
Desejo ter filhos ?
Podemos usar estas questões como pontos de partida para iniciar uma exploração da nossa vocação.
***2.Tomar decisões cedo em vez de protelar indefinidamente***
Atualmente notamos que as pessoas constituem família cada vez mais tarde e que têm filhos cada vez mais tarde. É curioso notar que nos relacionamentos por vezes há alguma pressa para passar do conhecer a pessoa à intimidade sexual e não há pressa alguma para decidir se de facto é com aquela pessoa que queremos passar o resto dos nossos dias.
Este é apenas um aspecto no qual se nota uma progressiva detioração da capacidade para decidir. É-nos muitas vezes transmitida a ideia de que temos tempo e de que não há uma idade certa para tomar determinadas decisões. Estes discursos são cínicos pois é evidente que há fases que são mais propícias para dar determinados passos na nossa vida, daí que seja muito importante aprender a tomar decisões cedo.
Para tomar decisões sóbrias é fundamental saber-se exatamente aquilo que queremos. Se tudo isso está indefinido e não conseguimos postular uma ideia de futuro para nós será muito mais difícil tomar qualquer tipo de decisão importante. Um outro aspecto a ter em conta é o de que as principais decisões são guiadas pela razão, isto é os nossos sentimentos têm de estar ao serviço dos nossos valores e nunca o contrário.
*3.Se não te imaginas a casar com a pessoa com quem estás, termina o relacionamento.*
Deixar a porta aberta num relacionamento de forma indefinida é algo que vai produzir instabilidade no longo prazo. É óbvio que para muitas pessoas o casamento é “apenas um papel” e portanto não vêm a real utilidade em se casar. Contudo, e de forma não surpreendente, notamos que os casais que têm na sua vida uma visão sobrenatural do casamento tendem a perdurar. Digamos que a cola que é usada para unir as pessoas é de um outro calibre, enquanto que a cola usada por aqueles que não têm Deus nas suas vidas está muito mais sujeita à volatilidade do tempo, dos apetites individuais e do relativismo.
*4.Assume a responsabilidade pelos teus erros sem te deixar levar pelo vitimismo.*
A cultura atual, influenciada de forma determinante pela filosofia marxista, está permanentemente a postular divisões de poder na sociedade que pressupõe duas categorias principais a de oprimido e opressor. Esta ideologia apoiada no revisionismo histórico e numa pedagogia social falaciosa incute desde cedo na população a ideia de que em algum momento, tendo ou não pertencido a uma minoria, somos vítimas. Vemos vários exemplos e derivações desta doutrina quando tocamos em temas como o feminismo, o racismo e outros ismos que se focam apenas nesta divisão dicotómica oprimido e opressor.
Esta narrativa esquece que a hierarquia é uma organização natural que define aptidões diferenciadas e consequentemente vocações diferentes. Um outro aspecto que também é esquecido é o livre arbítrio, isto é, a ideia de que as pessoas têm poder de decisão e que muitas vezes podem ser coniventes e partes atuantes no sistema em que participam.
Quer isto dizer que individualmente cada um de nós, havendo discernimento, tem escolha e portanto é muito mais produtivo focar a nossa atenção nesse aspecto do que em qualquer tipo de desigualdade que possa existir. A igualdade de circunstâncias para todas as pessoas é uma utopia, a única igualdade que existe é da essência humana.
O caminho para escapar ao vitimismo será sempre o da responsabilidade individual e da gratidão apesar das circunstâncias adversas que possamos estar a viver.
*5.Foca-te primeiro no que te é mais próximo antes do mundo*
Por vezes, inspirados por uma soberba intelectual que agora é típica da juventude vemo-nos a fazer o papel de ativistas em determinadas causas, algumas nobres outras nem tanto. Acontece que este ativismo é frequentemente uma ato postiço, uma pose que usamos como forma de sinalizar a nossa virtude perante os nossos pares. Onde se percebem os pés de barro é quando notamos que diante das pessoas que nos são mais próximas não temos o mesmo zelo que apresentamos quando estamos a debater as grandes questões do mundo.
Há que ser zeloso com quem nos rodeia e os problemas mais urgentes para resolver, e aqueles em que a nossa intervenção é de facto mais necessária, são os que nos são mais próximos.
*6.Dizer a verdade*
A corrupção moral funciona de forma gradual, vai de menos a mais, começamos com uma coisa pequena até chegarmos a algo maior. Quando somos mais novos vamos experimentando a corrupção através do exercício da mentira em pequenas coisas e gradualmente vamos avançando para as coisas maiores. Alguns de nós resistem à mentira, facilmente se entende que não desejamos que os outros nos mintam no entanto, se o repetimos muitas vezes facilmente a banalizamos.
A mentira é uma tentativa de esquivar a responsabilidade pelas nossas ações ou opiniões, uma tentativa de fuga ás consequências. Contudo, importa perceber que inevitavelmente vamos sempre confrontar-nos com as consequências sejam quais forem as circunstâncias. Se não as experimentamos pela espada dos outros será pela nossa própria espada quando finalmente percebermos que não há harmonia entre o pensamento e a ação, que dizemos uma coisa mas fazemos outra, que a nossa identidade é também ela uma ficção. O exercício da verdade será a única via para nos aproximarmos de uma existência mais harmoniosa e autêntica, a única forma de estabelecer uma relação genuína com os outros.
*7.Decisões inspiradas pela coragem e menos pelo medo*
As nossas decisões têm frequentemente como força motriz o medo. O medo da rejeição impede-nos de ir falar com aquela pessoa de quem gostamos, o medo do juízo social impede-nos de proferir a nossa opinião em determinado assunto, o medo da morte leva-nos a ter comportamentos obsessivos com a nossa saúde; enfim, são muitas as situações em que as nossas decisões são pautadas pelo medo.
É importante que cada vez mais, o medo não seja o factor definidor da nossa decisão. A coragem, temperada pela prudência, devem ser os grandes arquitetos da nossa decisão. Aquilo que é bom no sentido mais profundo é o que devemos seguir, independentemente de sentirmos medo.
*8.Ninguém é obrigado a gostar de nós, ninguém nos deve nada*
O ressentimento e mágoa leva-nos por vezes a tratar os outros como se eles nos devessem algo, como se fosse impensável não nos reconhecerem como aprazíveis aos seus olhos ou justos. Isto é uma forma subtil do orgulho se expressar, porque mais uma vez nos colocamos na posição de vítima e assim, julgamos que os outros nos deveriam reconhecer como virtuosos de alguma forma.
Pois bem, apesar dos outros, tal como nós, terem deveres e poderem fazer menção honrosa da nossa existência não devemos esperar isso. Esperando isso, acabamos escravizados por essas expectativas porque continuamos à espera que gostem de nós. Desta forma distorcemos também o próprio conceito de amor, que é doar-se sem esperar em troca. Não é que os outros não o possam fazer, podem, o problema está na espera e na exigência.
*9.Definir uma matriz moral objetiva*
Imbuídos de um espírito relativista estamos muitas vezes sujeitos a uma subjetividade enorme no que diz respeito aos nossos valores. O resultado disto é que inevitavelmente vamos ter uma definição menos clara do bem e do mal. Frequentemente vamos confundir o que é bom ou mau com os nossos desejos, alimentado pelos nossos vícios. Para termos uma visão mais clara da realidade é fundamental sairmos dessa visão subjetiva do valor e sermos capazes de procurar a verdadeira fonte das definições morais.
Aqui, há determinadas mensagens sociais que nos confundem os sentidos, nomeadamente aquelas que atestam que tudo são apenas “pontos de vista”, que não há uma “verdade” mas sim várias verdades, e que “neste tempo/cultura/país” a moralidade é outra. São tudo asserções que dificultam esta pesquisa pela verdade e definição moral universal. Neste campo, o ser humano só será capaz de ter mais estabilidade em termos psicológicos aderindo a um sistema de valores imutável, esta é a única forma de basear a sua identidade em princípios mais objetivos.
*10.Encontrar um propósito maior para a vida*
Santo Agostinho diz-nos o seguinte:
- Se não queres sofrer não ames, mas se não amas para que queres viver?
Santo Agostinho
Por vezes na nossa vida procuramos esquivar-nos do sofrimento e inclusive somos vitimas de um certo ceticismo e embotamento afetivo. Vamos experimentando a traição e a frustração das nossas expectativas e isso vai endurecendo o nosso coração. Em resultado disso, muitas vezes tornamo-nos também mais egoístas, focados na mera satisfação das nossas necessidades e menos nas dos outros. No entanto, isto faz de nós infelizes porque não conseguimos deixar de amar. A solução é encontrar algo maior que nós mesmos para amar, entendendo sempre que a essência do amor é o sacrifício. Encontrar isso é simultaneamente definir um propósito para a vida e daí derivar um significado que nos sustenta até nos momentos mais difíceis.
Eventualmente poderei fazer alguma publicação específica expandindo um pouco mais alguns destes conselhos, uma vez que observo que muito mais poderia ter sido dito em cada um deles. Talvez venha a criar mais algumas publicações sobre este tema.
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@ a2eddb26:e2868a80
2025-02-20 20:28:46
In personal finance, the principles of financial independence and time sovereignty (FITS) empower individuals to escape the debt-based cycle that forces them into perpetual work. What if companies could apply the same principles? What if businesses, instead of succumbing to the relentless push for infinite growth, could optimize for real demand?
This case study of the GPU industry aims to show that fiat-driven incentives distort technological progress and imagines an alternative future built on sound money.
### **Fiat Business: Growth or Death**
Tech companies no longer optimize for efficiency, longevity, or real user needs. Instead, under a fiat system, they are forced into a perpetual growth model. If NVIDIA, AMD, or Intel fail to show revenue expansion, their stock price tanks. Let's take NVIDIA's GPUs as an example. The result is predictable:
- GPUs that nobody actually needs but everyone is told to buy.
- A focus on artificial benchmarks instead of real-world performance stability.
- Endless FPS increases that mean nothing for 99% of users.
The RTX 5090 is not for gamers. It is for NVIDIA’s quarterly earnings. This is not a surprise on a fiat standard.
### **Fiat Marketing: The Illusion of Need and the Refresh Rate Trap**
Benchmarks confirm that once a GPU maintains 120+ FPS in worst-case scenarios, additional performance gains become irrelevant for most players. This level of capability was reached years ago. The problem is that efficiency does not sell as easily as bigger numbers.
 This extends beyond raw GPU power and into the display market, where increasing refresh rates and resolutions are marketed as critical upgrades, despite diminishing real-world benefits for most users. While refresh rates above 120Hz may offer marginal improvements for competitive esports players, the average user sees little benefit beyond a certain threshold. Similarly, 8K resolutions are pushed as the next frontier, even though 4K remains underutilized due to game optimization and hardware constraints. This is why GPUs keep getting bigger, hotter, and more expensive, even when most gamers would be fine with a card from five years ago. It is why every generation brings another “must-have” feature, regardless of whether it impacts real-world performance. 
Marketing under fiat operates on the principle of making people think they need something they do not. The fiat standard does not just distort capital allocation. It manufactures demand by exaggerating the importance of specifications that most users do not truly need.
The goal is not technological progress but sales volume. True innovation would focus on meaningful performance gains that align with actual gaming demands, such as improving latency, frame-time consistency, and efficient power consumption. Instead, marketing convinces consumers they need unnecessary upgrades, driving them into endless hardware cycles that favor stock prices over user experience.
They need the next-gen cycle to maintain high margins. The hardware is no longer designed for users. It is designed for shareholders. A company operating on sound money would not rely on deceptive marketing cycles. It would align product development with real user needs instead of forcing artificial demand.
### **The Shift to AI**
For years, GPUs were optimized for gaming. Then AI changed everything. OpenAI, Google, and Stability AI now outbid consumers for GPUs. The 4090 became impossible to find, not because of gamers, but because AI labs were hoarding them.
The same companies that depended on the consumer upgrade cycle now see their real profits coming from data centers. Yet, they still push gaming hardware aggressively. However, legitimate areas for improvement do exist. While marketing exaggerates the need for higher FPS at extreme resolutions, real gaming performance should focus on frame stability, low latency, and efficient rendering techniques. These are the areas where actual innovation should be happening. Instead, the industry prioritizes artificial performance milestones to create the illusion of progress, rather than refining and optimizing for the gaming experience itself. Why?
### **Gamers Fund the R&D for AI and Bear the Cost of Scalping**
NVIDIA still needs gamers, but not in the way most think. The gaming market provides steady revenue, but it is no longer the priority. With production capacity shifting toward AI and industrial clients, fewer GPUs are available for gamers. This reduced supply has led to rampant scalping, where resellers exploit scarcity to drive up prices beyond reasonable levels. Instead of addressing the issue, NVIDIA benefits from the inflated demand and price perception, creating an even stronger case for prioritizing enterprise sales. Gaming revenue subsidizes AI research. The more RTX cards they sell, the more they justify pouring resources into data-center GPUs like the H100, which generate significantly higher margins than gaming hardware.
AI dictates the future of GPUs. If NVIDIA and AMD produced dedicated gamer-specific GPUs in higher volumes, they could serve that market at lower prices. But in the fiat-driven world of stockholder demands, maintaining artificially constrained supply ensures maximum profitability. Gamers are left paying inflated prices for hardware that is no longer built with them as the primary customer. That is why GPU prices keep climbing. Gamers are no longer the main customer. They are a liquidity pool.
### **The Financial Reality**
The financial reports confirm this shift: **NVIDIA’s 2024 fiscal year** saw a 126% revenue increase, reaching \$60.9 billion. The data center segment alone grew 217%, generating \$47.5 billion. ([Source](https://investor.nvidia.com/news/press-release-details/2024/NVIDIA-Announces-Financial-Results-for-Fourth-Quarter-and-Fiscal-2024/))
The numbers make it clear. The real money is in AI and data centers, not gaming. NVIDIA has not only shifted its focus away from gamers but has also engaged in financial engineering to maintain its dominance. The company has consistently engaged in substantial stock buybacks, a hallmark of fiat-driven financial practices. In August 2023, NVIDIA announced a \$25 billion share repurchase program, surprising some investors given the stock's significant rise that year. ([Source](https://www.reuters.com/technology/nvidias-25-billion-buyback-a-head-scratcher-some-shareholders-2023-08-25/)) This was followed by an additional \$50 billion buyback authorization in 2024, bringing the total to \$75 billion over two years. ([Source](https://www.marketwatch.com/story/nvidias-stock-buyback-plan-is-one-of-the-biggest-of-2024-is-that-a-good-thing-9beba5c5))
These buybacks are designed to return capital to shareholders and can enhance earnings per share by reducing the number of outstanding shares. However, they also reflect a focus on short-term stock price appreciation rather than long-term value creation. Instead of using capital for product innovation, NVIDIA directs it toward inflating stock value, ultimately reducing its long-term resilience and innovation potential. In addition to shifting production away from consumer GPUs, NVIDIA has also enabled AI firms to use its chips as collateral to secure massive loans. Lambda, an AI cloud provider, secured a \$500 million loan backed by NVIDIA's H200 and Blackwell AI chips, with financing provided by Macquarie Group and Industrial Development Funding. ([Source](https://www.reuters.com/technology/lambda-secures-500-mln-loan-with-nvidia-chips-collateral-2024-04-04/))
This practice mirrors the way Bitcoin miners have used mining hardware as collateral, expecting continuous high returns to justify the debt. GPUs are fast-depreciating assets that lose value rapidly as new generations replace them. Collateralizing loans with such hardware is a high-risk strategy that depends on continued AI demand to justify the debt. AI firms borrowing against them are placing a leveraged bet on demand staying high. If AI market conditions shift or next-generation chips render current hardware obsolete, the collateral value could collapse, leading to cascading loan defaults and liquidations.
This is not a sound-money approach to business. It is fiat-style quicksand financialization, where loans are built on assets with a limited shelf life. Instead of focusing on sustainable capital allocation, firms are leveraging their future on rapid turnover cycles. This further shifts resources away from gamers, reinforcing the trend where NVIDIA prioritizes high-margin AI sales over its original gaming audience. 
At the same time, NVIDIA has been accused of leveraging anti-competitive tactics to maintain its market dominance. The GeForce Partner Program (GPP) launched in 2018 sought to lock hardware partners into exclusive deals with NVIDIA, restricting consumer choice and marginalizing AMD. Following industry backlash, the program was canceled. ([Source](https://en.wikipedia.org/wiki/GeForce_Partner_Program)) 
NVIDIA is not merely responding to market demand but shaping it through artificial constraints, financialization, and monopolistic control. The result is an industry where consumers face higher prices, limited options, and fewer true innovations as companies prioritize financial games over engineering excellence.
On this basis, short-term downturns fueled by stock buybacks and leveraged bets create instability, leading to key staff layoffs. This forces employees into survival mode rather than fostering long-term innovation and career growth. Instead of building resilient, forward-looking teams, companies trapped in fiat incentives prioritize temporary financial engineering over actual product and market development.
### **A Sound Money Alternative: Aligning Incentives**
Under a sound money system, consumers would become more mindful of purchases as prices naturally decline over time. This would force businesses to prioritize real value creation instead of relying on artificial scarcity and marketing hype. Companies would need to align their strategies with long-term customer satisfaction and sustainable engineering instead of driving demand through planned obsolescence.
Imagine an orange-pilled CEO at NVIDIA. Instead of chasing infinite growth, they persuade the board to pivot toward sustainability and long-term value creation. The company abandons artificial product cycles, prioritizing efficiency, durability, and cost-effectiveness. Gaming GPUs are designed to last a decade, not three years. The model shifts to modular upgrades instead of full replacements. Pricing aligns with real user needs, not speculative stock market gains.
Investors initially panic. The stock takes a temporary hit, but as consumers realize they no longer need to upgrade constantly, brand loyalty strengthens. Demand stabilizes, reducing volatility in production and supply chains. Gamers benefit from high-quality products that do not degrade artificially. AI buyers still access high-performance chips but at fair market prices, no longer subsidized by forced consumer churn.
This is not an abstract vision. Businesses could collateralize loans with Bitcoin. Companies could also leverage highly sought-after end products that maintain long-term value. Instead of stock buybacks or anti-competitive practices, companies would focus on building genuine, long-term value. A future where Bitcoin-backed reserves replace fiat-driven financial engineering would stabilize capital allocation, preventing endless boom-bust cycles. This shift would eliminate the speculative nature of AI-backed loans, fostering financial stability for both borrowers and lenders.
Sound money leads to sound business. When capital allocation is driven by real value rather than debt-fueled expansion, industries focus on sustainable innovation rather than wasteful iteration.
### **Reclaiming Time Sovereignty for Companies**
The fiat system forces corporations into unsustainable growth cycles. Companies that embrace financial independence and time sovereignty can escape this trap and focus on long-term value.
GPU development illustrates this distortion. The RTX 3080 met nearly all gaming needs, yet manufacturers push unnecessary performance gains to fuel stock prices rather than improve usability. GPUs are no longer designed for gamers but for AI and enterprise clients, shifting NVIDIA’s priorities toward financial engineering over real innovation.
This cycle of GPU inflation stems from fiat-driven incentives—growth for the sake of stock performance rather than actual demand. Under a sound money standard, companies would build durable products, prioritizing efficiency over forced obsolescence.
Just as individuals can reclaim financial sovereignty, businesses can do the same. Embracing sound money fosters sustainable business strategies, where technology serves real needs instead of short-term speculation.
#Bitcoin
#FITS
#Marketing
#TimeSovereignty
#BitcoinFixesThis
#OptOut
#EngineeringNotFinance
#SoundBusiness
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@ 4857600b:30b502f4
2025-02-20 19:09:11
Mitch McConnell, a senior Republican senator, announced he will not seek reelection.
At 83 years old and with health issues, this decision was expected. After seven terms, he leaves a significant legacy in U.S. politics, known for his strategic maneuvering.
McConnell stated, “My current term in the Senate will be my last.” His retirement marks the end of an influential political era.
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@ 8f69ac99:4f92f5fd
2025-02-20 16:14:03
Imagine-se numa fila de uma feira de emprego com dois amigos igualmente qualificados, mas provenientes de contextos socioeconómicos diferentes. Um dos amigos, devido às suas circunstâncias económicas, recebe um tratamento preferencial—como um aumento de 10% na pontuação da sua candidatura, como parte de uma política destinada a corrigir desvantagens sistémicas. O outro amigo, apesar de igualmente qualificado, não recebe qualquer vantagem. Quem conseguirá o emprego para o qual ambos estão capacitados? Este cenário destaca o paradoxo no cerne de muitas políticas de justiça social: tratar as pessoas de forma diferente para atingir a igualdade muitas vezes resulta em resultados desiguais, desafiando o princípio de equidade e minando a confiança.
Esta tensão entre os objetivos da justiça social e a necessidade de equidade tem moldado debates sobre ações afirmativas, tributação progressiva, programas de bem-estar social e outras políticas destinadas a promover a equidade entre grupos. Embora bem-intencionadas, estas iniciativas podem marginalizar o mérito individual e gerar ressentimento entre aqueles que se sentem injustamente tratados.
A tese central deste artigo é que, embora a justiça social tenha como objetivo promover a igualdade, as suas políticas requerem inerentemente um tratamento desigual, o que paradoxalmente arrisca criar novas formas de desigualdade. Este paradoxo destaca os desafios de buscar a equidade através da intervenção estatal.
### O Princípio da Justiça Social
As políticas de justiça social frequentemente focam-se em atingir a igualdade de resultados através da intervenção estatal. Por exemplo, a ação afirmativa na educação promove a representação de grupos sub-representados através de medidas como cotas raciais ou tratamento preferencial em processos de admissão universitária. De forma semelhante, a tributação progressiva procura redistribuir riqueza ao impor maiores encargos fiscais a determinados grupos de rendimento.
Embora estas políticas visem corrigir desigualdades sistémicas, elas inerentemente requerem tratar as pessoas de forma diferente com base em fatores como raça, rendimento ou condição socioeconómica. Esta discrepância pode criar uma perceção de favoritismo, erodindo a confiança nas instituições e gerando ressentimento entre aqueles que se sentem injustamente prejudicados. Ao dar prioridade à identidade de grupo em detrimento das circunstâncias individuais, estas políticas podem comprometer a equidade e minar a confiança nas instituições, criando percepções de injustiça e ineficiência económica.
### O Problema do Tratamento Desigual
Uma das preocupações centrais com as políticas de justiça social é a sua dependência no tratamento desigual para atingir a igualdade de resultados. Embora concebidas para promover a equidade, estas políticas frequentemente conduzem a consequências indesejadas que desafiam a equidade e a coesão social.
Por exemplo, as políticas de acção afirmativa têm sido criticadas por enfatizarem a identidade de grupo em detrimento do mérito individual. Isto pode resultar na seleção de candidatos com base em cotas em vez de qualificações, gerando frustração entre aqueles que se sentem preteridos, apesar dos seus esforços ou competências. De forma semelhante, os sistemas de tributação progressiva sobrecarregam desproporcionalmente certos grupos, criando a perceção de penalização injusta.
As cotas na educação ou no emprego são particularmente controversas. Ao impor limites ou metas com base na identidade de grupo, estas políticas podem inadvertidamente excluir indivíduos que não se enquadram nos critérios definidos. Esta exclusão muitas vezes gera ressentimento, pois os afetados percebem o sistema como priorizando a equidade para uns em detrimento de outros.
Além disso, ao enfatizar a identidade de grupo sobre o mérito individual, as políticas de justiça social podem inadvertidamente enfraquecer incentivos à excelência e à responsabilidade pessoal, gerando impactos negativos na produtividade e na confiança nas instituições. Esta dinâmica pode corroer a responsabilidade e a confiança nas instituições, criando divisões dentro da sociedade. Ao enfatizar a igualdade de resultados sobre a igualdade de oportunidades, tais políticas arriscam consolidar novas formas de desigualdade.
### Estudos de Caso e Exemplos do Mundo Real
**Acção Afirmativa na Educação**
A política de acção afirmativa da Universidade do Texas em Austin, que considera a raça como um dos factores nas admissões, gerou desafios legais. Críticos argumentaram que a política prejudicava injustamente candidatos igualmente ou mais qualificados que não atendiam aos critérios da política. Embora os tribunais tenham apoiado a política, a controvérsia destaca a tensão entre promover diversidade e preservar o mérito individual.
**Programas de Bem-Estar Redistributivo**
Nos Estados Unidos, o Crédito Tributário por Rendimento do Trabalho (EITC) visa aliviar a pobreza entre indivíduos de baixos rendimentos. Contudo, disparidades na sua implementação causaram fricções. Por exemplo, estudos mostram variações nos benefícios entre grupos demográficos, deixando alguns com a sensação de tratamento injusto, apesar de circunstâncias financeiras semelhantes. Estes resultados ilustram como políticas redistributivas podem inadvertidamente gerar ressentimento.
**Cotas de Diversidade na Contratação**
Muitas empresas implementaram cotas de diversidade para aumentar a representação. Contudo, estas medidas frequentemente levantam preocupações sobre equidade. Empregados contratados sob cotas por vezes relatam sentir-se estigmatizados, e outros percebem o sistema como desvalorizando o mérito. Isto mina a moral e a confiança no local de trabalho, como demonstrado em inquéritos que revelam insatisfação com práticas de contratação baseadas em cotas.
Os exemplos acima ilustram como políticas desenhadas para promover equidade podem, na prática, comprometer os princípios de justiça e meritocracia, resultando em consequências imprevistas que minam a confiança nas instituições. A dependência generalizada na identidade de grupo, em vez do desempenho individual, arrisca criar divisões e reduzir a confiança nas instituições.
### Crítica Filosófica e Ética
A busca pela justiça social levanta dilemas filosóficos e éticos, particularmente no equilíbrio entre igualdade e equidade. Por um lado, a igualdade sugere tratar os indivíduos de forma imparcial, independentemente da identidade. Por outro, atingir a igualdade de resultados frequentemente requer tratamento desigual.
Sob uma perspetiva rawlsiana, as políticas redistributivas são justificadas para corrigir desigualdades sistémicas e promover a equidade. Contudo, pensadores libertários como Robert Nozick argumentam que tais intervenções violam os direitos e as liberdades individuais. Para Nozick, a justiça reside na proteção da autonomia e da propriedade pessoal, não na redistribuição de recursos para atingir objetivos coletivos.
Ademais, uma énfase excessiva na identidade de grupo pode fomentar uma cultura de vitimização, onde os indivíduos priorizam queixas em detrimento da responsabilidade pessoal. Esta dinâmica pode consolidar divisões, incentivar direitos adquiridos e minar a coesão social. As políticas que promovem a igualdade de resultados podem inadvertidamente criar privilégios para alguns enquanto desfavorecem outros, perpetuando novas formas de desigualdade.
Uma abordagem equilibrada deve considerar as implicações éticas das medidas redistributivas, preservando as liberdades individuais e a meritocracia. Ao focar na oportunidade em vez do resultado, as sociedades podem buscar a equidade sem comprometer a autonomia.
### Soluções Alternativas
**Investir na Educação**
Proporcionar acesso à educação de alta qualidade é uma forma poderosa de nivelar o campo de jogo. Programas que ampliem as oportunidades educacionais para comunidades desfavorecidas podem promover mobilidade social sem depender de tratamentos preferenciais.
**Garantir Liberdade Económica**
Reduzir barreiras regulatórias e promover mercados livres pode estimular a inovação, o empreendedorismo e a criação de emprego. Ao incentivar a competição, os indivíduos podem prosperar com base nas suas capacidades em vez de depender de intervenções externas.
**Aproveitar Sistemas Descentralizados**
Tecnologias descentralizadas como o Bitcoin podem empoderar indivíduos ao oferecer inclusão financeira e reduzir a dependência de sistemas estatais. Estas ferramentas proporcionam transparência e autonomia, minimizando oportunidades de favoritismo ou corrupção.
**Medidas Práticas**
- Bolsas de estudo e subsídios baseados no mérito.
- Programas de formação profissional para desenvolver competências de mercado.
- Apoio ao empreendedorismo através de financiamento e mentoria.
- Reformas para simplificar os sistemas fiscais e regulatórios.
Estas soluções priorizam a equidade, o empoderamento individual e a oportunidade, promovendo uma sociedade onde as pessoas prosperem com base no mérito e no esforço.
### Conclusão
As políticas de justiça social frequentemente procuram atingir a igualdade através do tratamento desigual, mas esta abordagem pode criar novas formas de desigualdade e divisão. A énfase na identidade de grupo em detrimento do mérito individual arrisca corroer a equidade e a confiança, minando os objetivos que estas políticas procuram atingir.
Para alcançar uma sociedade mais justa e sustentável, é essencial focar na igualdade de oportunidades, garantindo que todos tenham acesso aos mesmos recursos e condições para prosperar, sem comprometer a autonomia individual ou distorcer os princípios da meritocracia. Investimentos na educação, liberdade económica e tecnologias descentralizadas oferecem caminhos práticos para empoderar indivíduos e fomentar a meritocracia. Um compromisso com estes princípios pode criar um futuro mais inclusivo e equitativo, onde todos tenham a chance de prosperar com base nos seus próprios esforços e capacidades.
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@ 8f69ac99:4f92f5fd
2025-02-20 15:24:24
Anarquia: uma palavra que frequentemente evoca imagens de caos e desordem, associada ao velho oeste sem lei ou a futuros distópicos onde impera a força bruta. No entanto, para aqueles que investigam mais a fundo, a anarquia revela-se como algo muito mais sofisticado—um sistema não definido pela ausência de regras, mas sim pela ausência de governantes (*rules without rulers*). Essa distinção fundamental é essencial para compreender um dos conceitos mais fascinantes e, ao mesmo tempo, mais difamados da sociedade.
A ideia de que anarquia significa desordem ou uma sociedade sem estrutura é um equívoco baseado no medo do desconhecido e na falta de compreensão dos seus princípios básicos. Na realidade, a anarquia assenta sobre um princípio fundamental: o **Princípio da Não-Agressão (PNA)**. Este princípio estabelece que nenhum indivíduo tem o direito de iniciar o uso da força, coerção ou fraude contra os outros, sem o seu consentimento, sendo este um dos pilares fundamentais para a preservação da propriedade privada e das liberdades individuais.
Não se trata, portanto, de uma sociedade sem regras, mas sim de uma organização baseada em **estruturas legais descentralizadas e orgânicas**, como a **lei natural e o direito consuetudinário**, que emergem naturalmente através das interacções voluntárias entre indivíduos. A história demonstra que, mesmo na ausência de uma autoridade central, os seres humanos são perfeitamente capazes de criar ordens sociais complexas, baseadas na cooperação, na ajuda mútua e no progresso.
Este artigo explora como a anarquia funciona enquanto sistema de cooperação voluntária e direito natural, desafiando as concepções erradas que persistem sobre o tema e revelando o seu potencial para fortalecer a liberdade individual e a coesão social. Ao analisar as suas raízes filosóficas, o papel do Estado dentro de um enquadramento anarquista e os exemplos históricos que demonstram a capacidade da humanidade para se auto-organizar, procuramos iluminar um futuro onde a liberdade não seja apenas um sonho utópico, mas uma possibilidade concreta.
## Principio da Não Agressão (PNA)
A **base da anarquia** assenta sobre um princípio inegociável: o Princípio da Não-Agressão. Este postulado não é apenas uma directriz moral, mas sim uma regra essencial de conduta, destinada a fomentar uma sociedade cooperativa e pacífica, onde os indivíduos vivem sem medo da coerção ou da violência.
A partir deste princípio, deriva-se naturalmente a **propriedade privada**, pois cada indivíduo tem o direito de usufruir e gerir os recursos que adquire sem recorrer à força contra terceiros. Da mesma forma, a violação deste princípio—seja através do roubo, homicídio ou qualquer tipo de agressão física ou psicológica, não consentida—é condenada de forma universal, pois representa um atentado contra a liberdade de cada um.
Num enquadramento anarquista, a ausência de uma estrutura coerciva não significa a ausência de ordem. Métodos como **pressão social, ostracismo de infractores e mecanismos privados de justiça** ajudam a manter a harmonia social. Por exemplo, em situações de litígio entre vizinhos sobre a posse de um terreno, em vez de recorrer ao Estado, poderiam simplesmente resolver a disputa através de um mediador comunitário ou de um serviço de arbitragem voluntário.
## Ordem Sem Autoridade Central
A crença de que a lei e a ordem dependem de um poder centralizado ignora uma vasta tradição histórica de **sistemas legais descentralizados** que surgiram espontaneamente, sem intervenção estatal. A anarquia não significa ausência de normas, mas sim uma **ordem espontânea baseada em leis naturais e consuetudinárias**.
A lei natural consiste em princípios universais, reconhecidos pela razão, que não dependem da autoridade estatal. Já o direito consuetudinário assenta na tradição e nos precedentes, evoluindo conforme as necessidades das comunidades. Um excelente exemplo histórico é o código jurídico medieval islandês "Grágás", que regulava litígios e contratos através de mediação voluntária.
Sistemas baseados na reputação também são eficazes. No passado, comerciantes que desrespeitassem contratos viam-se rapidamente excluídos do mercado. Hoje, soluções descentralizadas como a arbitragem privada demonstram que contratos podem ser cumpridos sem necessidade de coerção estatal.
## Anarquia como Estado Natural da Cooperação Humana
A cooperação voluntária está no cerne da natureza humana. A ideia de que é necessária uma autoridade central para garantir harmonia social desconsidera as inúmeras instâncias de colaboração espontânea ao longo da história.
O funcionamento dos mercados ilustra perfeitamente a anarquia em acção. Sem um governo a ditar regras, indivíduos interagem livremente, criando riqueza e inovação. A busca pelo progresso científico também reflecte este princípio: Albert Einstein, Nikola Tesla, Henry Ford ou Thomas Edison não foram forçados pelo Estado a desenvolver as suas invenções—fizeram-no por interesse próprio, beneficiando toda a humanidade.
Da mesma forma, a revolução industrial não foi um plano centralizado, mas sim o resultado de inúmeras inovações individuais que impulsionaram a prosperidade global. A tecnologia moderna, com exemplos como Bitcoin e Nostr, redes descentralizadas, prova que sociedades podem operar sem intermediários estatais, ou autoridades centrais.
## Estado: Pode Existir Num Enquadramento Anarquista?
O Estado, mesmo na sua versão mais reduzida, pode representar um risco para a liberdade individual. Alguns, eu incluído, argumentam que um "Estado mínimo" (minarquia) poderia existir para garantir segurança e mediar disputas, mas essa estrutura pode rapidamente expandir-se e transformar-se num mecanismo de coerção.
### A necessidade de mecanismos de controlo e equilíbrio
Mesmo um Estado reduzido exigiria salvaguardas para evitar abusos de poder. Para isso, seriam necessários mecanismos que garantam que nenhuma autoridade se torne dominante e que a sociedade mantenha a sua autonomia.
Algumas soluções incluem:
- **Representação directa**: Em vez de delegar decisões a políticos, a população poderia ter mais influência directa nas questões que afectam a sua vida (como na Suiça por exemplo).
- **Arbitragem independente**: Conflitos poderiam ser resolvidos sem recorrer a tribunais estatais, através de mediação voluntária e sistemas de justiça comunitária.
- **Redes de apoio social**: Fortalecer redes de ajuda mútua reduziria a necessidade de um governo central para fornecer serviços essenciais.
### Exemplos práticos
Algumas iniciativas mostram que a sociedade pode funcionar com estruturas descentralizadas:
- **Cidades com participação cívica activa**: Experiências como o orçamento participativo em algumas cidades demonstram como a sociedade pode gerir recursos colectivos sem excessiva intervenção estatal.
- **Redes de ajuda mútua**: Grupos como a *Mutual Aid Disaster Response Network* nos EUA provam que comunidades podem organizar-se para responder a crises sem depender do Estado.
O desafio não é apenas imaginar um mundo sem Estado, mas conceber modelos descentralizados que garantam a liberdade individual e impeçam a concentração de poder. A verdadeira questão é: conseguiremos criar sistemas mais justos e funcionais sem recorrer à coerção estatal?
## Raízes Filosóficas da Anarquia
A anarquia tem uma longa tradição filosófica que remonta a pensadores como **William Godwin**, **Pierre-Joseph Proudhon** e **Max Stirner**, cada um contribuindo com diferentes perspectivas sobre a organização social sem governantes. No século XX, pensadores como **Murray Rothbard** e **Hans-Hermann Hoppe** aprofundaram a ideia do anarco-capitalismo, propondo que todos os serviços actualmente providenciados pelo Estado poderiam ser oferecidos por meio de mercados livres.
A raiz histórica da anarquia está firmemente ancorada no pensamento de esquerda (a tradicional... ), na medida em que a sua proposta fundamental é a **eliminação do poder central**. O anarquismo clássico emergiu como uma resposta ao absolutismo e ao capitalismo industrial, defendendo que a autoridade imposta pelo Estado e pelas elites económicas deveria ser desmantelada para dar lugar a um sistema de cooperação voluntária e descentralizada. Proudhon, ao afirmar "a propriedade é roubo", reflectia esta preocupação com a concentração de poder e riqueza nas mãos de poucos.
Com o tempo, no entanto, diferentes correntes começaram a emergir dentro da tradição anarquista. A tradição anarquista de **esquerda** enfatiza a justiça social e a solidariedade comunitária, rejeitando tanto o Estado como o capitalismo. Nomes como **Bakunin** e **Kropotkin** defenderam a abolição da propriedade privada em favor de sistemas cooperativos, argumentando que apenas a auto gestão e o apoio mútuo poderiam garantir a verdadeira liberdade.
Por outro lado, no século XX, surgiu uma vertente anarquista mais **associada à direita**, especialmente com Rothbard e Hoppe, que viam o mercado como a melhor alternativa ao Estado. Para os anarco-capitalistas, a liberdade individual é prioritária, e a descentralização deve ocorrer não apenas ao nível político, mas também económico, permitindo que todas as transacções sejam voluntárias e baseadas na propriedade privada.
Apesar dessas divergências, há um ponto comum entre todas as vertentes anarquistas: a rejeição do **monopólio da violência estatal**. Tanto anarquistas de esquerda quanto de direita reconhecem que o poder centralizado inevitavelmente conduz à opressão e à limitação da liberdade individual. O debate interno dentro do anarquismo não é sobre a necessidade de abolir o Estado, mas sim sobre o que deve substituí-lo: auto gestão comunitária e colectivismo ou mercados livres e concorrência voluntária?
A preservação da propriedade privada e a liberdade de associação são, para mim, princípios fundamentais dentro do pensamento anarquista. Nada impede que, numa sociedade anarquista, grupos de indivíduos escolham unir-se voluntariamente para formar projectos cooperativos baseados em valores partilhados. O que distingue essa abordagem da imposição estatal é o carácter voluntário e descentralizado dessas associações, garantindo que cada pessoa possa viver conforme os seus próprios princípios sem coerção externa.
Esta dicotomia entre esquerda e direita dentro do anarquismo reflecte diferentes interpretações sobre a melhor forma de organizar a sociedade sem coerção. O que permanece inegável é que a anarquia, independentemente da vertente, continua a ser uma proposta de resistência contra qualquer forma de domínio centralizado, colocando a liberdade e a autonomia no centro da organização social.
## Conclusão
A anarquia não é um sonho utópico, mas sim uma alternativa viável à organização centralizada da sociedade. Através do respeito pelo Princípio da Não-Agressão, da descentralização das normas jurídicas e da cooperação voluntária, podemos construir um mundo mais livre, onde as pessoas têm o poder de se governar a si mesmas.
Sistemas como Bitcoin já demonstram que a descentralização funciona e que a ausência de intermediários coercivos é não só possível, mas desejável. O desafio não é saber se a anarquia pode funcionar, mas sim **quanto tempo levará para as pessoas perceberem que um mundo sem Estado é mais próspero e justo**.
#anarquia #anarco #bitcoin
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@ a012dc82:6458a70d
2025-02-20 15:02:29
The Financial Accounting Standards Board (FASB) has recently introduced a groundbreaking ruling that significantly alters the way Bitcoin and other cryptocurrencies are accounted for in financial statements. This new development is poised to transform the landscape of crypto accounting, bringing in more transparency and alignment with traditional financial practices. Let's delve into the details of this pivotal change.
**Table of Contents**
- Introduction to the New FASB Ruling
- The Shift to Fair Value Accounting
- Understanding Fair Value Accounting
- Impact on Financial Reporting
- Advantages of the New Approach
- Enhanced Transparency and Accuracy
- Positive Implications for Companies
- Challenges and Considerations
- Dealing with Volatility
- Auditor Expertise
- Industry Response and Future Outlook
- Embracing the Change
- Long-Term Implications
- Conclusion
- FAQs
**Introduction to the New FASB Ruling**
The FASB, the principal body responsible for establishing accounting standards in the United States, announced a new set of rules concerning the accounting of cryptocurrencies like Bitcoin. This announcement marks a significant shift from the previous accounting practices for digital assets. Previously, the lack of clear guidelines led to inconsistencies and uncertainties in how companies reported their crypto holdings. The new ruling aims to standardize these practices and reflects the growing importance of cryptocurrencies in the financial world.
**The Shift to Fair Value Accounting**
**Understanding Fair Value Accounting**
Under the new FASB rules, companies are now required to account for cryptocurrencies at their fair value. Fair value accounting involves assessing assets and liabilities based on their current market value, rather than their historical cost. This approach is expected to provide a more accurate and real-time reflection of a company's financial status. It marks a significant departure from the traditional cost-based accounting methods, which often do not reflect the current market realities, especially in the case of highly volatile assets like cryptocurrencies.
**Impact on Financial Reporting**
This shift to fair value accounting means that companies holding cryptocurrencies will report the value of these assets based on their market prices at the end of each reporting period. This move is a departure from the previous method where Bitcoin was treated as an intangible asset, leading to certain limitations in financial reporting. For instance, under the old rules, if the value of Bitcoin fell below its purchase price, companies had to report a loss, but they couldn't report an increase in value unless the asset was sold. The new approach allows for a more dynamic and responsive reporting system that better reflects the economic realities of holding cryptocurrencies.
**Advantages of the New Approach**
**Enhanced Transparency and Accuracy**
One of the primary benefits of this new ruling is the increased transparency and accuracy it brings to financial reporting. Companies can now reflect the actual market value of their crypto holdings, providing a clearer picture of their financial health. This change is particularly significant given the volatile nature of cryptocurrencies. By reporting the fair market value, companies can provide stakeholders with a more accurate depiction of their financial standing, which is crucial for informed decision-making by investors, regulators, and other stakeholders.
**Positive Implications for Companies**
Companies are likely to welcome this change as it allows them to report unrealized gains and losses on cryptocurrencies. This could encourage more businesses to add cryptocurrencies like Bitcoin to their balance sheets, as they can now recognize the appreciation in value without needing to sell the assets. This change could also lead to a broader acceptance of cryptocurrencies as a legitimate and valuable asset class, potentially spurring further investment and innovation in the crypto space.
**Challenges and Considerations**
**Dealing with Volatility**
The inherent volatility of cryptocurrencies like Bitcoin poses a significant challenge in fair value accounting. Companies will need to develop robust methods to accurately assess the market value of these assets, which can fluctuate widely. This volatility requires continuous monitoring and frequent valuation adjustments, which can be resource-intensive and complex. Companies will need to invest in sophisticated valuation models and possibly seek external expertise to ensure accuracy and compliance.
**Auditor Expertise**
Another challenge lies in the need for auditors to acquire expertise in valuing cryptocurrencies. Assessing the fair market value of digital assets is a complex task that requires specific knowledge and skills. Auditors will need to stay abreast of the rapidly evolving crypto market and develop new methodologies for valuation. This requirement not only adds a layer of complexity to the audit process but also underscores the need for ongoing education and training in this emerging field.
**Industry Response and Future Outlook**
**Embracing the Change**
The industry's response to the FASB's ruling has been largely positive. Industry leaders view this as a step towards mainstream acceptance of cryptocurrencies and a move that aligns digital assets with traditional financial reporting standards. This ruling is seen as a validation of the growing role of cryptocurrencies in the financial sector and a sign that regulatory bodies are beginning to recognize and adapt to the unique characteristics of these digital assets.
**Long-Term Implications**
In the long run, this ruling could lead to greater institutional adoption of cryptocurrencies. As financial reporting becomes more standardized and transparent, it may foster greater trust and confidence among investors and regulators. This could pave the way for more widespread use of cryptocurrencies in various financial transactions and potentially influence the development of new financial products and services centered around digital assets.
**Conclusion**
The FASB's latest ruling on cryptocurrency accounting is a landmark decision that aligns the treatment of digital assets with traditional financial practices. While it presents certain challenges, particularly in terms of volatility and the need for specialized auditor expertise, the overall impact is expected to be profoundly positive. This change not only enhances transparency and accuracy in financial reporting but also paves the way for broader acceptance and integration of cryptocurrencies in the mainstream financial world. As the industry adapts to these new rules, we can expect to see a more mature and robust crypto market, potentially leading to innovative financial solutions and greater economic opportunities.
**FAQs**
**When will the new FASB rules take effect?**
The new rules are set to take effect from December 15, 2024, but companies have the option to apply them earlier.
**How does fair value accounting affect financial reporting?**
Fair value accounting allows companies to report the value of cryptocurrencies based on current market prices, providing a more accurate and real-time reflection of a company's financial status.
**What are the benefits of the new FASB ruling?**
The new ruling enhances transparency and accuracy in financial reporting and encourages more businesses to add cryptocurrencies to their balance sheets by allowing them to report unrealized gains and losses.
**What challenges does the new ruling present?**
The main challenges include dealing with the volatility of cryptocurrencies in fair value accounting and the need for auditors to develop expertise in valuing these digital assets.
**What is the industry's response to the new ruling?**
The industry has largely responded positively, viewing it as a step towards mainstream acceptance of cryptocurrencies and alignment with traditional financial reporting standards.
**That's all for today**
**If you want more, be sure to follow us on:**
**NOSTR: croxroad@getalby.com**
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**Youtube: [@croxroadnews](https://www.youtube.com/@croxroadnews)**
**Store: https://croxroad.store**
**Subscribe to CROX ROAD Bitcoin Only Daily Newsletter**
**https://www.croxroad.co/subscribe**
***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ da0b9bc3:4e30a4a9
2025-02-20 06:33:45
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/891531
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@ 16f1a010:31b1074b
2025-02-19 20:57:59
In the rapidly evolving world of Bitcoin, running a Bitcoin node has become more accessible than ever. Platforms like Umbrel, Start9, myNode, and Citadel offer user-friendly interfaces to simplify node management. However, for those serious about maintaining a robust and efficient Lightning node ⚡, relying solely on these platforms may not be the optimal choice.
Let’s delve into why embracing **Bitcoin Core** and mastering the command-line interface (CLI) can provide a **more reliable, sovereign, and empowering** experience.
### Understanding Node Management Platforms
#### What Are Umbrel, Start9, myNode, and Citadel?
Umbrel, Start9, myNode, and Citadel are platforms designed to streamline the process of running a Bitcoin node. They offer graphical user interfaces (GUIs) that allow users to manage various applications, including Bitcoin Core and Lightning Network nodes, through a web-based dashboard 🖥️.
These platforms often utilize Docker containers 🐳 to encapsulate applications, providing a modular and isolated environment for each service.
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#### The Appeal of Simplified Node Management
The primary allure of these platforms lies in their simplicity. With minimal command-line interaction, users can deploy a full Bitcoin and Lightning node, along with a suite of additional applications.
✅ **Easy one-command installation**
✅ **Web-based GUI for management**
✅ **Automatic app updates** *(but with delays, as we’ll discuss)*
However, while this convenience is attractive, it comes **at a cost**.
### The Hidden Complexities of Using Node Management Platforms
While the user-friendly nature of these platforms is advantageous, it can also introduce several challenges that may hinder advanced users or those seeking greater control over their nodes.
#### 🚨 Dependency on Maintainers for Updates
One significant concern is the reliance on platform maintainers for updates. Since these platforms manage applications through Docker containers, users must wait for the maintainers to update the container images before they can access new features or security patches.
🔴 **Delayed Bitcoin Core updates = potential security risks**
🔴 **Lightning Network updates are not immediate**
🔴 **Bugs and vulnerabilities may persist longer**
Instead of waiting on a third party, **why not update Bitcoin Core & LND yourself instantly**?
#### ⚙️ Challenges in Customization and Advanced Operations
For users aiming to perform advanced operations, such as:
* Custom backups 📂
* Running specific CLI commands 🖥️
* Optimizing node settings ⚡
…the **abstraction layers introduced by these platforms become obstacles**.
Navigating through nested directories and issuing commands inside Docker containers **makes troubleshooting a nightmare**. Instead of a simple `bitcoin-cli` command, you must figure out how to execute it inside the container, adding unnecessary complexity.
#### Increased Backend Complexity
To achieve **frontend simplicity**, these platforms make the backend more complex.
🚫 Extra layers of abstraction
🚫 Hidden logs and settings
🚫 Harder troubleshooting
The use of **multiple Docker containers**, **custom scripts**, and **unique file structures** can **make system maintenance and debugging a pain**.
This **complication defeats the purpose** of “making running a node easy.”
## ✅ Advantages of Using Bitcoin Core and Command-Line Interface (CLI)
By installing Bitcoin Core directly and using the command-line interface (CLI), you gain several key advantages that make managing a Bitcoin and Lightning node more efficient and empowering.
#### Direct Control and Immediate Updates
One of the biggest downsides of package manager-based platforms is the reliance on third-party maintainers to release updates. Since Bitcoin Core, Lightning implementations (such as LND, Core Lightning, or Eclair), and other related software evolve rapidly, waiting for platform-specific updates can leave you running outdated or vulnerable versions.
By installing Bitcoin Core directly, you remove this dependency. You can update immediately when new versions are released, ensuring your node benefits from the latest features, security patches, and bug fixes. The same applies to Lightning software—being able to install and update it yourself gives you full autonomy over your node’s performance and security.
#### 🛠 Simplified System Architecture
Platforms like Umbrel and myNode introduce extra complexity by running Bitcoin Core and Lightning inside Docker containers. This means:
* The actual files and configurations are stored inside Docker’s filesystem, making it **harder to locate and manage them manually**.
* If something breaks, **troubleshooting is more difficult** due to the added layer of abstraction.
* Running commands requires jumping through Docker shell sessions, adding unnecessary friction to what should be a straightforward process.
Instead, a direct installation of Bitcoin Core, Lightning, and Electrum Server (if needed) results in a **cleaner, more understandable system**. The software runs natively on your machine, without containerized layers making things more convoluted.
Additionally, setting up your own systemd service files for Bitcoin and Lightning** is not as complicated as it seems**. Once configured, these services will run automatically on boot, offering the same level of convenience as platforms like Umbrel but without the unnecessary complexity.
#### Better Lightning Node Management
If you’re running a **Lightning Network node**, using CLI-based tools provides far more flexibility than relying on a GUI like the ones bundled with node management platforms.
🟢 **Custom Backup Strategies** – Running Lightning through a GUI-based node manager often means backups are handled in a way that is opaque to the user. With CLI tools, you can easily script automatic backups of your channels, wallets, and configurations.
🟢 **Advanced Configuration** – Platforms like Umbrel force certain configurations by default, limiting how you can customize your Lightning node. With a direct install, you have full control over:
* Channel fees 💰
* Routing policies 📡
* Liquidity management 🔄
🟢 **Direct Access to LND, Core Lightning, or Eclair** – Instead of issuing commands through a GUI (which is often limited in functionality), you can use:
* `lncli` (for LND)
* `lightning-cli` (for Core Lightning)
…to interact with your node at a deeper level.
#### Enhanced Learning and Engagement
A crucial aspect of running a Bitcoin and Lightning node is **understanding how it works**.
Using an abstraction layer like Umbrel may get a node running in a few clicks, but **it does little to teach users how Bitcoin actually functions**.
By setting up Bitcoin Core, Lightning, and related software manually, you will:
✅ Gain practical knowledge of Bitcoin nodes, networking, and system performance.
✅ Learn how to configure and manage RPC commands.
✅ Become less reliant on third-party developers and more confident in troubleshooting.
🎯 **Running a Bitcoin node is about sovereignty – learn how to control it yourself**.
## Become more sovereign TODAY
Many guides make this process **straightforward**
[K3tan](https://k3tan.com/about) has a fantastic guide on running Bitcoin Core, Electrs, LND and more.
- [Ministry of Nodes Guide 2024](https://www.youtube.com/playlist?list=PLCRbH-IWlcW0g0HCrtI06_ZdVVolUWr39)
- You can find him on nostr
nostr:npub1txwy7guqkrq6ngvtwft7zp70nekcknudagrvrryy2wxnz8ljk2xqz0yt4x
Even with the best of guides, if you are running this software,
📖 **READ THE DOCUMENTATION**
This is all just software at the end of the day. Most of it is very well documented. Take a moment to actually read through the documentation for yourself when installing. The documentation has step by step guides on setting up the software.
Here is a helpful list:
* [Bitcoin.org Bitcoin Core Linux install instructions](https://bitcoin.org/en/full-node#linux-instructions)
* [Bitcoin Core Code Repository](https://github.com/bitcoin/bitcoin)
* [Electrs Installation](https://github.com/romanz/electrs/blob/master/doc/install.md)
* [LND Documentation](https://docs.lightning.engineering/)
* [LND Code Repository](https://github.com/lightningnetwork/lnd)
* [CLN Documentation](https://docs.corelightning.org/docs/home)
* [CLN Code Repository](https://github.com/ElementsProject/lightning)
*If you have any more resources or links I should add, please comment them . I want to add as much to this article as I can.*
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@ f288a224:1da1792c
2025-02-19 16:43:40
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First, some context.
I'm a child of the original internet chat-rooms on IRC, and I've tried over the last decades different applications and websites that we could all agree are "social media", but until I found NOSTR (Notes and Other Stuff Transmitted by Relays) I hadn't had this certainty that this isn't something that I will eventually change for something else.
Today, even with all its early stage issues, I have the certainty that NOSTR may be the ULTIMATE and FINAL HOME for my online life.
# THE PROBLEMS with the current/old social media landscape
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## I'm tired of moving from one social media to the next.
As many of you, in my digital lifetime I've had many accounts that have now become obsolete; and the "content" and followings I created during that time was lost when one tech giant lost over the other, forcing us all to "MOVE" ourselves over to the new, and start building our content and following from scratch.
Lately, it's become even worse, where many of us have seen ourselves forced to use and feed more than one social media at a time, since they all serve various purposes, with sometimes diverse functionality, besides all being catered to different segments of people to connect you to (LinkedIn, Instagram, TikTok, Youtube...). How much is too much, though? And how much time should we keep spending re-adapting our content to reach all of our network?
For work, I've found myself having to create accounts in several of these giant data hoarding companies, having to build each following from scratch and to create "content" for all, and having to go through the hurdle of posting everything, everywhere, all at once.
## I'm sick of ever-changing terms, conditions and capabilities.
Let's be honest, the majority of us have never ever read the full terms and conditions, let alone every time they are updated without us knowing which rights to our data we are giving away, and which terms we are accepting that may be detrimental to us and our mental health.
We've learnt to accept that we are in their playground, they make up the rules, and if they choose to change the rules mid-game we just need to swallow it. We literally have no other choice, it's either that or desertion, which basically means walking away from everything we've built on their "public square". So, like a carefully engineered detrimental incentive structure, the more time we spend building on their turf, the more we are tied to them and conditioned to never leave them. The more we build and make them grow on our content, the more we'll lose if or when we drop out.
And even if you accept all that and choose to play along, and you do your best to create the most awesome account in the neighborhood, the random changes they make to optimize ad revenue or user attention will inevitably affect you and all your work.
If you created all your feed according to Instagram's squares but they choose to change to TikTok style dimensions due to their tech positioning battle with the Chinese giant... You swallow. If you edited your reels according to what you felt was the best 100 seconds video... Not anymore, suddenly 90 seconds is the maximum you're allowed... No appeal, no options. You Swallow. What? Seeing less of the people you actually WANT TO FOLLOW because they decided to clutter your feed with ads and suggestions, guess again: YOU SWALLOW.
AREN'T YOU FEELING FULL ENOUGH OF ALL THE SHIT THEY'VE FORCED DOWN YOUR THROAT?
Living our digital lives on these platforms feels like standing on ever changing quicksand, never endingly trying to "hack the algorithm" in order to have our content placed in front of the people who should automatically be able to see us from the moment they chose to follow us; and the worst part of it is, you never know when you may lose it all.
## Let's not forget, your social media account is NOT REALLY YOURS.
Recently, a friend's social media account was hacked. She didn't know how it happened; all she knew is that she got an email from Meta saying she had acted against community guidelines and her accounts were therefore being removed (the one hacked and all those liked to her email, which meant personal and work accounts). She tried to appeal, to no avail. She hadn't done anything wrong, but suddenly her identity had disappeared from all our feeds, and her content didn't exist anywhere anymore. She lost plenty of photos she had always counted on finding on her Instagram and lost the people she followed and who followed her. It was as if she had never existed on the platform.
*(Looks like a good moment to remind you to download all your valued content from the platforms you use in case something like this happens to you)*
And this happened to someone who hadn't done anything "to deserve it". It has actually happened to more than one person I know, and every time they've been helpless and had no recourse, and yet, found themselves having to rebuild from scratch on the same platform that de-platformed them, because they had "no other option", and "their friends are there".
Many more people have encountered this awful wake up call, some because of a hack, like my friend, others found themselves removed because they posted content critical of the platform... there are so many reasons people have gotten de-platformed and posts have gotten deleted without warning. And every time, we accept it, as if we owe them something; as if we need to settle for this kind of abusive environment that gets rich on our content and attention without having a say in anything.
But we do have another option that flips that attention retention model completely on its head and empowers the user. **That option is NOSTR, our exit from the extractive social media silos they have trapped us into.**
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# NOSTR: The better social experience for the internet era.
NOSTR (Notes and Other Stuff Transmitted by Relays) is not a social media app, it's an Internet protocol. It's open source and many many developers around the world are creating apps on top of it and creating THE ULTIMATE SOCIAL MEDIA EXPERIENCE for users.
I first heard of NOSTR from Jack Dorsey on what used to be called Twitter, and when I joined it two years ago it was really rough around the edges, but it was FULL OF POTENTIAL and the value proposition was very clear to me from the beginning.
## Firstly, YOU OWN YOUR IDENTITY, that includes your content and your follower list.
So, what does owning you identity mean? I guess many of us have thought we owned our identity before, but the reality is that the platforms owned our identities, which is why they could delete or censor us.
Owning your identity on NOSTR is empowered by encryption and cryptography. I'm not going to go into the technical part, but to explain as simply as I can, on NOSTR no platform owns your login and password to use on their playground; you can basically use any NOSTR app to create your identity to navigate it. They give you a login (npub) and password (nsec), and the magic part is that you can USE THAT IDENTITY ON ANY NOSTR APP OR WEBSITE, no need to sign up individually on each one.
## Welcome to the beauty of INTEROPERABILITY.
I cannot emphasize enough what it feels like to be able to take your identity, your followers, your content and carry it from one app to the other.
On NOSTR there is a rich ecosystem of apps and websites that keep growing. We have "clients" that allow you to experience NOSTR in interfaces that could remind you of Twitter, Instagram, TikTok, Substack, Twitch, Clubhouse, Podcast apps and many more. You can find many of them on https://nostrapps.com/ .
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With that information in mind, imagine you only needed one user password, your NOSTR nsec, and with that key, you could open you Instagram, or your Twitch or your Substack. And all your followers would be there, and you could choose what type of content you wanted to link to your identity for your followers to find. No longer "find link in bio", or "go to our YouTube channel", everything you post on NOSTR is tied to your identity, and you can post it all with a single set of keys that posts your content "everywhere".
And since your content is "in every client", each of YOUR FOLLOWERS CAN CHOOSE if they are more interested in experiencing your photography content "Insta-like" or if they love your "Twitter-esque" notes better. Each user navigates NOSTR with the interface they prefer.
*(With great power comes great responsibility, and I feel obligated to tell you that if you ever lose your nsec, no platform is gonna be able to save you. It's like the keys to your house, unless you keep a copy safely, no one can open it for you (there are no locksmiths on NOSTR). And if you leave your keys lying around on a cloud server somewhere, someone may grab your keys, open your house and use it however they want).*
The beauty of this interoperability and the fact that my keys open up my identity to all the NOSTR realms is that you don't need to settle for one client. I use 5 to 6 clients regularly everyday depending on the mood I'm in, (or the bugs that still prove this is a nascent ecosystem in development). Some I use when I want a more "Twitter-like" experience, others when I want to browse photos and others just give different algorithms to choose how to view my feed, and the best part is NO ONE CAN CLUTTER MY FEED WITH ADS. I can curate my feed however is most important to me, and each "NOSTR client" is like a different skin that customizes the way I experience the content.
However, the most important reason I started to use different NOSTR apps was that when I started, not all apps had zapping integrated. Some still don't, but most do :)
## ZAPS: direct micropayments from your followers.
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Zaps are tips that come directly from the people who find value in the shit that you post. They are micropayments in the form of "sats", fractions of ever-increasing in value bitcoin , and a very big reason why I'm spending less and less time on other social media accumulating valueless likes that only feed the algorithm, and more time on NOSTR interacting with humans that post valuable notes hoping the generous souls that run upon their art or creations will find them valuable enough to tip them for it.
It's crazy how the type of content you post can change when your incentive is not to feed an algo, but to give real value to other humans around the world and be your most authentic self. Where Twitter/X's algo benefited the type of incendiary content that shocked and outraged people, NOSTR's incentives benefit those who bring most value to the network and their peers.
A few sats tip may not seem much, but even if the equivalent of a small zap is merely cents, it feels a whole lot better than any like, and you can count that if the purchasing power of bitcoin continues to accrue, those value-earned tips will too. Many "nostriches" are getting tons of zaps for memes on NOSTR, valuable articles, videos or participation in zapathons .
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In NOSTR is where I first heard of the concept "value for value", and the community is very adamant in making "v4v" an alternative to ad revenue driven models. **Because we need to be the change we wanna see in the world**.
We've heard it said that if you're not paying for the product, you are the product. And up until now that has meant we felt obliged to accept that since ads were paying the platforms, we were required to give them our attention. But the open source movement thinks we deserve better. We deserve a better Internet, like the decentralized promise we've slowly been robbed of to enrich 10 people out of the work of all of us. If they can't monetize our attention, they got nothing.
But why should they monetize it, instead of us?
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## Even with the glitches and bugs, NOSTR ROCKS!
The things I've grown to love most about NOSTR are:
• Not having the clutter of ads on my feed and being able to ONLY SEE WHAT I CHOOSE TO SEE.
• People who are not on NOSTR can ENJOY MY STUFF WITHOUT HAVING TO LOGIN.
• Being able to ENJOY ALL THE BENEFITS OF INTEROPERABILITY, and use many NOSTR clients that enrich my user experience knowing I own my identity and that means I'm not locked in, I can move like a bird wherever I decide.
• ZAPPING complete strangers that made me laugh, gave me a cool insight or simply made a witty comment.
• GETTING TIPPED for memes, articles, photos, videos and any "Notes and Other Stuff" that people have found valuable.
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# CONCLUSION: Join us on NOSTR, participate in claiming back your digital life.
If you've made it this far in my love letter to NOSTR, thank you for being interested. Curious minds is what the world needs more of <3.
NOSTR is an ecosystem that is being built in the open by relentless developers that are continuously striving to out compete each other to offer a better user experience, it's a many headed dragon that has constant upgrades and implementations which benefits us all, and as such it sometimes comes with bugs and glitches.
Building the future is always buggy and requires testers and early adopters that help shape the technology in the best way possible, especially if you wanna build outside the incentive models of the devouring giants we're trying to get away from.
Being such an open ecosystem can also be overwhelming for a newcomer, where to start? There are so many clients to experience; so here are some of my recommendations.
Please, don't feel you need to go through all of them now, start step by step. This article will always be here whenever you need it (this is not Instagram ;) ).
### **Creating your NOSTR identity/account** with a wallet integrated to receive zaps on both Android and iOS:
• **YAKIHONNE**: It's a Japanese client that offers a great on-boarding experience. From the app you can create the account and enable a wallet to receive zaps. In it you can view and post short and long form content, images, videos and more. (Once you have the account created on your app, you can also visit the desktop version on https://yakihonne.com/ )
• **PRIMAL**: For a while it has positioned itself as a great on-boarding NOSTR client because it offers the same things as Yakihonne, has an integrated wallet, with the added benefit that you can also "buy sats/bitcoin" directly from its wallet, which can come in handy (it comes with a 15-30% premium, so only use for small amounts). It also has the desktop version at primal.net.
### **My favorite NOSTR iOS PHONE APPS after on-boarding**, in case you wanna hop into different user experiences:
• **DAMUS**: created by the original creator of the "ZAP", Will Casarin, it's an iOS simple client that is reliable and fast with notifications. It keeps things simple, mostly focusing on short note content, although you can also see images and short video. But the feed is optimized as a more "Twitter-like" feed.
• **NOSTUR**: The iOS phone client that has it all! It's the client I've used that integrates the most of NOSTR's possibilities, you can see all of the mentioned above with the previous clients, but also view LIVE STREAMS, and have multiple accounts set up simultaneously. The enhanced capabilities can sometimes come at the cost of crashing or being slow to load.
• **FREERSE**: Nice clean user interface with plenty of functionality, with easy navigation on topics like #art #photography or any other interests. It's my always reliable back-up to upload image content.
• **OLAS**: The new kid on the block Olas client, by prolific developer Pablof7z, is trying to take on Instagram and TikTok and has developed a client mainly focused on the visual and photographic part of NOSTR.
### Desktop clients & OTHER GEMS OF THE NOSTR REALM:
There is an infinite number of clients for desktop, but I usually find myself on **ditto.pub** or **slidestr.net** for a more visual experience.
• **ALBY** is INTEROPERABILITY'S BEST FRIEND. Alby is not a NOSTR client, but it's a browser extension that makes it seamless to jump from one desktop client to another with your wallet and identity without compromising your security.
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• **HIVETALK**: A video call client (reminiscent of Zoom) that doesn't track you or spy on you and that enables zapping and many other functionalities during the calls.
• **NOSTR NESTS**: Audio spaces client that allows people to listen to conversations, chat within it and zap the people involved.
### if you made it this far, THANK YOU FOR YOUR ATTENTION.
HOPE YOU FOUND VALUE IN IT AND UNDERSTOOD WHY, FOR ME, THE FUTURE OF SOCIAL MEDIA IS BRIGHT, OPEN AND USER-CENTRIC.
FUCK THE MIDDLEMEN.
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@ a012dc82:6458a70d
2025-02-19 16:20:32
The cryptocurrency world is on the verge of a groundbreaking transformation with the anticipated introduction of Bitcoin Exchange-Traded Funds (ETFs). This significant development is set to redefine the realm of crypto-investment, merging the innovative world of digital currencies with the established domain of traditional finance. Bitcoin ETFs represent a monumental shift, not just as a novel investment option, but as a revolutionary bridge connecting the cutting-edge technology of cryptocurrencies with the more familiar territory of stock market investments. This fusion is poised to unlock a new level of accessibility, drawing mainstream investors into the Bitcoin sphere, who were previously hesitant due to the complexities and perceived risks associated with direct cryptocurrency dealings.
**Table of Contents**
- The Emergence of Bitcoin ETFs
- Unveiling Opportunities
- Confronting the Dangers
- The Road Ahead
- Expanding the Horizon
- Enhanced Market Dynamics
- Technological Advancements
- Educational Initiatives
- Global Impact
- Conclusion
- FAQs
**The Emergence of Bitcoin ETFs**
Bitcoin ETFs are poised to revolutionize the cryptocurrency market. They offer a streamlined avenue for investment in Bitcoin, bypassing the intricacies of direct ownership such as wallet management and key security. This simplicity could democratize Bitcoin investment, potentially enhancing its liquidity and stability.
**Unveiling Opportunities**
- **Broader Investor Appeal:** Bitcoin ETFs simplify cryptocurrency investment, making it more approachable for the average investor and traditional financial players. This could lead to wider adoption and recognition of Bitcoin as a viable asset class.
- **Influx of Institutional Capital:** ETFs could catalyze a surge of institutional funds into the Bitcoin market. Institutions, previously hesitant due to regulatory and security concerns, might view ETFs as a safer investment avenue.
- **Market Evolution:** The advent of Bitcoin ETFs signals a maturation of the cryptocurrency market, transitioning towards regulated, mainstream financial products. This evolution could bolster investor confidence and market stability.
**Confronting the Dangers**
The introduction of Bitcoin ETFs is not devoid of risks and challenges.
- **Amplified Volatility:** Bitcoin's notorious volatility could be intensified by the influx of new investors via ETFs, particularly if large capital movements occur swiftly.
- **Regulatory Hurdles:** The evolving regulatory framework for cryptocurrencies could become more complex with Bitcoin ETFs, inviting stricter regulations that may impact the market dynamics.
- **Systemic Implications:** Integrating Bitcoin into the traditional financial system through ETFs could introduce new systemic risks. A significant downturn in Bitcoin's value might have broader implications for investors and funds linked to these ETFs.
**The Road Ahead**
As the Bitcoin ETF era dawns, investors should exercise caution. The potential of Bitcoin ETFs is substantial, but the accompanying risks warrant serious consideration. Investors should engage in comprehensive research and assess their risk appetite before engaging with these new investment vehicles.
**Expanding the Horizon**
**Enhanced Market Dynamics**
The introduction of Bitcoin ETFs could lead to more dynamic market behaviors. As traditional and crypto markets become more intertwined, the impact of global economic events on Bitcoin's price could become more pronounced, leading to new investment strategies and market analysis techniques.
**Technological Advancements**
The growth of Bitcoin ETFs might spur technological advancements in trading platforms and financial tools. Enhanced security measures, improved trading algorithms, and more sophisticated risk management tools could emerge, catering to the unique needs of cryptocurrency ETFs.
**Educational Initiatives**
With the growing interest in Bitcoin ETFs, there's likely to be an increase in educational resources and initiatives aimed at helping investors understand the nuances of cryptocurrency investments. This could lead to a more informed investor base, capable of making better investment decisions in the volatile world of cryptocurrencies.
**Global Impact**
The success of Bitcoin ETFs in one region, such as the United States, could encourage other countries to follow suit, leading to a more globalized cryptocurrency market. This could have significant implications for international financial regulations and cooperation.
**Conclusion**
The potential introduction of Bitcoin ETFs marks a significant milestone in the journey of cryptocurrency investment. While it heralds new opportunities and greater accessibility, it also brings forth challenges and risks that need to be navigated with care. The future of Bitcoin ETFs will hinge on the balance between these opportunities and dangers, and the market's ability to adapt to this new phase of crypto-investment. As we stand at the threshold of this exciting era, the global financial community watches with bated breath, ready to witness the unfolding story of Bitcoin ETFs.
**FAQs**
**How does a Bitcoin ETF differ from direct Bitcoin investment?**
Investing in a Bitcoin ETF means you're investing in a fund that holds Bitcoin as its primary asset, as opposed to buying Bitcoin directly and managing your own digital wallet and security. ETFs are also subject to different regulatory and tax treatments.
**What are the benefits of Bitcoin ETFs?**
Bitcoin ETFs offer easier access to Bitcoin investment, potentially lower risks compared to direct ownership, and the convenience of trading through traditional investment platforms.
**What risks are associated with Bitcoin ETFs?**
Risks include the inherent volatility of Bitcoin, potential regulatory changes, and systemic risks if the cryptocurrency market impacts the broader financial system.
**Are Bitcoin ETFs available globally?**
The availability of Bitcoin ETFs varies by country, depending on the regulatory environment. Some countries may not yet have approved Bitcoin ETFs for trading.
**Can Bitcoin ETFs impact the price of Bitcoin?**
Yes, Bitcoin ETFs can impact Bitcoin's price as they can increase market liquidity and bring in more institutional investors, potentially leading to price changes.
**That's all for today**
**If you want more, be sure to follow us on:**
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***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ da0b9bc3:4e30a4a9
2025-02-19 06:35:45
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/890318
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@ 5de23b9a:d83005b3
2025-02-19 03:47:19
In a digital era that is increasingly controlled by large companies, the emergence of Nostr (Notes and Other Stuff Transmitted by Relays) is a breath of fresh air for those who crave freedom of expression.
Nostr is a cryptography-based protocol that allows users to send and receive messages through a relay network. Unlike conventional social media such as Twitter or Facebook
1.Full Decentralization: No company or government can remove or restrict content.
2.Sensor-Resistant: Information remains accessible despite blocking attempts.
3.Privacy and Security: Uses cryptography to ensure that only users who have the keys can access their messages.* **
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@ 9ea10fd4:011d3b15
2025-02-19 02:24:26
This article by Thomas Piketty has, in a way, convinced me that the tariff war will indeed take place. Moreover, the Trumpist nationalism-capitalism he describes—authoritarian and the most aggressively extractivist—places Canada in the position of a coveted target.
The fact that “if the Republican Party has become so nationalist and virulent towards the outside world, it is primarily due to the failure of Reagan-era policies, which were supposed to boost growth but instead reduced it and led to the stagnation of incomes for the majority” is of little consolation.
\*“Let’s be clear: Trumpist national-capitalism loves to flaunt its strength, but in reality, it is fragile and on edge. Europe has the means to confront it, provided it regains confidence in itself, forges new alliances, and calmly analyzes the strengths and limitations of this ideological framework.
Europe is well-positioned for this: it has long based its development on a similar military-extractivist model, for better or worse. After taking control of maritime routes, raw materials, and the global textile market by force, European powers imposed colonial tributes throughout the 19th century on all resistant countries, from Haiti to China to Morocco. On the eve of 1914, they engaged in a fierce struggle for control of territories, resources, and global capitalism. They even imposed tributes on each other, increasingly exorbitant ones—Prussia on France in 1871, then France on Germany in 1919: 132 billion gold marks, more than three years of Germany’s GDP at the time. As much as the tribute imposed on Haiti in 1825, except this time, Germany had the means to defend itself. The endless escalation led to the collapse of the system and European hubris.
(…)
If we reason in terms of purchasing power parity, the reality is quite different (…) With this measure, we (…) see that China’s GDP surpassed that of the United States in 2016. It is currently more than 30% higher and will reach twice the U.S. GDP by 2035. This has very concrete consequences in terms of influence and investment capacity in the Global South, especially if the United States locks itself into its arrogant and neo-colonial stance. The reality is that the United States is on the verge of losing control of the world, and Trumpist outbursts will change nothing.”
https://www.lemonde.fr/en/opinion/article/2025/02/15/thomas-piketty-trump-s-national-capitalism-likes-to-flaunt-its-strength-but-it-is-actually-fragile_6738187_23.html
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@ da0b9bc3:4e30a4a9
2025-02-18 06:25:50
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.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/889165
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@ 9e69e420:d12360c2
2025-02-17 17:12:01
President Trump has intensified immigration enforcement, likening it to a wartime effort. Despite pouring resources into the U.S. Immigration and Customs Enforcement (ICE), arrest numbers are declining and falling short of goals. ICE fell from about 800 daily arrests in late January to fewer than 600 in early February.
Critics argue the administration is merely showcasing efforts with ineffectiveness, while Trump seeks billions more in funding to support his deportation agenda. Increased involvement from various federal agencies is intended to assist ICE, but many lack specific immigration training.
Challenges persist, as fewer immigrants are available for quick deportation due to a decline in illegal crossings. Local sheriffs are also pressured by rising demands to accommodate immigrants, which may strain resources further.
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@ c3b2802b:4850599c
2025-02-17 08:45:15
Wenn in den 1960er Jahren in meiner Heimatstadt Leipzig die Lobeshymne der Staatspartei der DDR (SED) mit dem Refrain „DIE PARTEI, DIE PARTEI, DIE HAT IMMER RECHT“ ertönte, schauten wir kleinen Steppkes meiner Generation uns schmunzelnd in die Augen und tippten uns an die Stirn – überzeugt vom Widersinn dieser Worte.
Wir hatten schon von Galilei und Kolumbus gehört und wussten so, dass andersdenkende Menschen gelegentlich recht haben können gegenüber der Meute der gerade Herrschenden und deren Lakaien. Menschen können sich irren, auch wenn sie sich zu Gruppen oder Parteien zusammenschließen. Und selbst wenn diese Gruppen sehr groß sind, können sie irren. Von Menschenmassen, die den totalen Krieg wollten und ihn auch bekamen, hatten wir auch schon gehört. Von unseren Eltern, die in diesem Krieg aufgewachsen sind.
Und bereits als Kinder wussten wir, dass viele Genossen der SED Mitläufer waren, welche sich als Lakaien der gerade herrschenden Klasse Vorteile für ihr Leben in der Mangelwirtschaft der DDR versprachen. Das wussten wir aus Gesprächen mit den Älteren in unseren Familien, für die diese Verlogenheit ein existentiell bedeutsames Alltagsthema war. Genosse der SED zu sein, bedeutete bessere Berufs- Arbeitsplatz- und Karrierechancen zu haben, sogar nach Westeuropa durften einige von denen fahren, was dem Rest der Ostdeutschen strikt verwehrt war. 
Wer das Lied der Herrschenden nicht mitsang, war benachteiligt. Das war eine ostdeutsche Binsenweisheit. Wer es gar wagte, offen Kritik zu üben, musste mit Verfolgung, Ausweisung, Haft oder Peinigungen in Stasi-Gefängnissen rechnen. Das fühlte sich nicht gut an...
Wie die DDR Geschichte 1989 endete, ist bekannt. Das Grundgesetz der BRD, das von nun an auch für uns galt, machte Hoffnung mit seinem Artikel 5: *„Jeder hat das Recht, seine Meinung in Wort, Schrift und Bild frei zu äußern und zu verbreiten und sich aus allgemein zugänglichen Quellen ungehindert zu unterrichten. Die Pressefreiheit und die Freiheit der Berichterstattung durch Rundfunk und Film werden gewährleistet. Eine Zensur findet nicht statt.“*
Heute steuern allerdings einige deutsche Parteien einen ähnlichen Kurs wie die Staatspartei der DDR. Nicht mehr so platt wie die SED. Man sagt nicht einfach: Wir sind die, die immer recht haben. Nein, so deutlich wird man nicht. Doch was man aktuell in den Wahlprogrammen mehrerer etablierter Parteien im Bundestag nachlesen kann (s.u.), läuft auf das Gleiche hinaus. Der Taschenspielertrick zur intendierten Aushebelung der Meinungsfreiheit ist das Wort „Desinformation“, womit stillschweigend alle Meinungen zusammengefasst werden, welche nicht mit dem gängigen Regierungsnarrativ zur Erklärung der Welt zusammenpassen.
Auf einer [Webseite der Bundesregierung](https://www.bundesregierung.de/breg-de/aktuelles/was-ist-desinformation-1875148) wird das so illustriert: *„In der jüngeren Vergangenheit gab es gezielte* *[Desinformationskampagnen aus dem Ausland](https://www.bundesregierung.de/breg-de/aktuelles/desinformation-interview-ead-2010706)* (hier wird Präsident Putin der Lüge bezüglich des Ukraine-Krieges bezichtigt, Anmerkung des Autors). *Aber auch während der Corona-Pandemie verbreiteten rechtsextreme Gruppen Verschwörungsmythen. Von diesen Desinformationen geht eine Gefahr aus. Weil sie uns als Gesellschaft spalten sollen. Sie verfolgen das Ziel, Schaden anzurichten. Existierende Konflikte und Debatten sollen verschärft, das Vertrauen in staatliche Institutionen untergraben und insgesamt Wut und Emotionen geschürt werden.“*
Wenn wir das Wort „Desinformation“ einmal weglassen, bleibt als Klartext übrig: Die Bundesregierung hat eine Meinung. Zum Beispiel zum Ukrainekrieg oder zu den Corona-Geschehnissen. Und die wird als richtig gesetzt. Meinungen, die nicht damit übereinstimmen, werden als nicht richtig betrachtet und mit Worten, die gern mal unter die Gürtellinie zielen, gebrandmarkt. 
(Dem aktuellen Stand der Aufarbeitung der Ereignisse seit 2020 will ich hier nicht nachgehen; wer von den geschwärzten RKI Protokollen Kenntnis hat, ist ausreichend im Bilde über diese Geschehnisse; zum Krieg in der Ukraine gibt es durchaus unterschiedliche Sichtweisen, die im Raum stehen, s. [meine Korrespondenz mit den deutschen Parlamentariern](https://pareto.space/a/naddr1qqxnzdenxcenyvp5xycrgdpnqgsv8v5q90gxrc82r3nsvp8c0t2d02utfplsrn95zu3yhtkmfpg9n8qrqsqqqa28yz3r25) dazu. In zivilisierten demokratischen Nationen wird über solche Fragen öffentlich diskutiert.)
Und nicht genug mit dieser Neuversion von „Die Partei, die Partei, die hat immer recht“. In den Parteiprogrammen einiger deutscher Parteien plant man aktuell einen Kampf gegen Desinformation, ja man will gar Menschen mit anderen Auffassungen strafrechtlich verfolgen.
„*Der Kampf gegen Desinformation ist angesichts des schon heute immensen Ausmaßes eine herausragende gesellschaftliche Aufgabe.“*
„*Die großen Medienplattformen werden wir in die Pflicht nehmen, wirksame Maßnahmen gegen die Verbreitung von Desinformation vorzunehmen. Die systematische Verbreitung von Desinformation im Auftrag eines fremden Staates wollen wir strafrechtlich fassen.“*
„*Wir stellen sicher, dass bei der Umsetzung des Digital Services Act der Schwerpunkt auf mehr Transparenz, Kampf gegen Desinformation sowie Jugend- und Medienschutz gelegt wird.“*
\
Hören Sie hinter der Kampf-Rhetorik Säbel rasseln? Dass man sich dabei in Konflikt mit dem § 5 des Grundgesetzes begibt, wird im Durcheinander dieser Wochen im Februar 2025 geflissentlich übersehen.
Fazit: Einige politische Parteien im Land maßen sich an, nach Gutsherrenart zwischen richtiger Information und „Desinformation“ zu unterscheiden. Sie trachten danach, missliebige Meinungen zu bekämpfen - und missachten dabei unser Grundgesetz. 
Wollen Sie als Souverän solchen Parteien die Macht im Land überlassen? Schauen Sie doch mal in die aktuellen Wahlprogramme der im Bundestag vertretenen Parteien zu diesem Thema und zu weiteren existentiellen Fragen unserer Zukunft (Frieden, Bargeld, Volksabstimmungen, Position zur WHO) [welche Akteure der Gemeinwohllobby zusammengestellt haben](https://gemeinwohl-lobby.de/wp-content/uploads/2025/02/vergleich-parteien.pdf) und die [hier](https://pareto.space/a/naddr1qqxnzden8yervvp58qcr2wf5qgsv8v5q90gxrc82r3nsvp8c0t2d02utfplsrn95zu3yhtkmfpg9n8qrqsqqqa28qyxhwumn8ghj7mn0wvhxcmmvqythwumn8ghj7urpwfjhgmewdehhxarjxyhxxmmdqyt8wumn8ghj7un9d3shjtnwdaehgu3wvfskueqpn4mze) kurz zusammengefasst sind. 
*Titelbild: Wikipedia, der Künstler Dani Karavan hat in drei Meter hohe Glasscheiben eines Außenhofes des Jakob-Kaiser-Hauses am Bundestag die 19 Grundrechtsartikel des Grundgesetzes mit Laser eingraviert.*  
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@ da0b9bc3:4e30a4a9
2025-02-17 06:31:19
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/888083
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@ bbef5093:71228592
2025-02-16 14:17:12
## A trícium érdekességei
A trícium a hidrogén lenyűgöző radioaktív formája, amely háromszor nehezebb, mint a közönséges hidrogén, és egy protont, valamint két neutront tartalmaz az atommagjában. Ernest Rutherford és csapata 1934-ben fedezte fel, és 12,32 éves felezési idővel rendelkezik.
## Főbb alkalmazási területek
**Világítástechnika**
A tríciumot önvilágító eszközökben használják energiaforrásként, például órák kijelzőiben és vészkijárati táblákban, ahol foszforokat aktivál, hogy folyamatos fényt bocsásson ki elektromos áram nélkül.
**Tudományos kutatás**
A tudósok radioaktív nyomjelzőként használják orvosi kutatásokban és gyógyszerfejlesztésben, kihasználva azt a tulajdonságát, hogy kémiai reakciókban úgy viselkedik, mint a normál hidrogén. Kiemelkedő szerepet játszik a felszín alatti vizek kormeghatározásában is. Az 50 évnél fiatalabb vizek esetében a trícium-koncentráció mérése megbízható módszer, mivel az 1953-63 közötti magaslégköri nukleáris kísérletek egyedi "időbélyeget" hagytak a csapadékvizekben.
## Vízföldtani alkalmazások
**Vízbázisok védelme**
A trícium-vizsgálatok kiválóan alkalmasak a felszín alatti vízbázisok védettségének és a felszíni vizek elérési idejének meghatározására. A trícium ideális víznyomjelző, mivel beépül a vízmolekulába (HTO formában), és tökéletesen követi a víz mozgását.
**Nukleáris létesítmények monitorozása**
A talajvíz trícium-tartalmának rendszeres megfigyelése kulcsfontosságú a nukleáris létesítmények környezetében, mivel segít azonosítani az esetleges szivárgásokat és a radioaktív anyagok terjedését a felszín alatti vizekben.
**Nukleáris alkalmazások**
Az izotóp kulcsszerepet játszik a nukleáris fúzióban mint üzemanyag a tokamak reaktorokban, és "erősítőként" szolgál a nukleáris fegyverekben.
**Biztonsági profil**
Bár radioaktív, a trícium csak alacsony energiájú béta-sugárzást bocsát ki, amely nem képes áthatolni az emberi bőrön. Természetes körülmények között nyomokban megtalálható a légkörben, ahol kozmikus sugárzás hatására keletkezik.
Tritium, the ideal tracer
## Interesting Facts About Tritium
Tritium is a fascinating radioactive form of hydrogen that's three times heavier than regular hydrogen, containing one proton and two neutrons in its nucleus. It was first discovered by Ernest Rutherford and his team in 1934 and has a half-life of 12.32 years.
## Main Applications
**Illumination Technology**
Tritium is used as an energy source in self-illuminating devices, such as watch displays and exit signs, where it activates phosphors to create continuous light without electrical power.
**Scientific Research**
Scientists use tritium as a radioactive tracer in medical research and pharmaceutical development, taking advantage of its ability to behave like normal hydrogen in chemical reactions. It also plays a crucial role in dating groundwater. For waters less than 50 years old, measuring tritium concentration is a reliable method, as atmospheric nuclear tests between 1953-63 left a unique "timestamp" in precipitation.
## Hydrogeological Applications
**Protection of Water Resources**
Tritium studies are excellent for determining the protection status of underground water resources and the arrival time of surface waters. Tritium is an ideal water tracer as it incorporates into water molecules (as HTO) and perfectly follows water movement.
**Monitoring Nuclear Facilities**
Regular monitoring of groundwater tritium content is crucial around nuclear facilities, as it helps identify potential leaks and the spread of radioactive materials in groundwater.
**Nuclear Applications**
The isotope plays a key role in nuclear fusion as fuel in tokamak reactors and serves as a "booster" in nuclear weapons.
**Safety Profile**
Although radioactive, tritium only emits low-energy beta radiation that cannot penetrate human skin. It naturally occurs in trace amounts in the atmosphere, formed by cosmic ray interactions.
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@ 42342239:1d80db24
2025-02-16 08:39:59
Almost 150 years ago, the British newspaper editor William Thomas Stead wrote that "the editorial pen is a [sceptre of power](https://archive.org/details/GovernmentByJournalismWilliamThomasStead), compared with which the sceptre of many a monarch is but a gilded lath". He had begun to regard journalism as something more than just conveying information - **the journalist or editor could become a ruler.**
Times had certainly changed compared to a few hundred years earlier. Before [Gutenberg's invention of the printing press](https://underorion.se/en/posts/gutenberg/), it was mainly the church that controlled the dissemination of information in Europe, but when Stead put pen to paper, this control had shifted to newspapers, schools, and universities. Eventually, technologies like radio and TV entered the scene, but the power dynamics remained asymmetrical - only a few could send information to the many.
However, with the emergence of the internet, and especially with the spread of social media, a significant change followed. Instead of only a few being able to send information to the many, many could send to many. Almost anyone could now create their own newspaper, radio, or TV channel. **The power over information dissemination was decentralised.**
[Ten years ago](https://www.di.se/ditv/rikets-affarer-medierna-ar-splittrade/), Roberta Alenius, who was then press secretary for Sweden's Prime Minister Fredrik Reinfeldt of the Moderate Party, shared her experiences with Social Democratic and Moderate Party internet activists on social media. She reported that social media played a significant role in how news "comes out" and is shaped, and that **journalism was now downstream of social media**. [Five years later](https://www.nato.int/cps/en/natohq/opinions_166392.htm), NATO's then-Secretary-General Jens Stoltenberg said that "NATO must be prepared for both conventional and hybrid threats: **from tanks to tweets**." This finally underscores the importance of social media.
Elon Musk, who took over X (formerly Twitter) in 2022, has claimed that "it's absolutely fundamental and transformative that the people actually get to decide the news and narrative and what's important," and that [citizen journalism is the future](https://x.com/elonmusk/status/1870485116474278240).
While his platform allows most expressions - for better or worse - the reach of messages is instead limited ("[freedom of speech does not mean freedom of reach](https://www.youtube.com/shorts/R9TuhTz0vmo) "). X has also opened its recommendation algorithm to the outside world by making it open-source. Although this is a welcome step, the fact remains that **it's impossible to know which code is actually used** and what adjustments are made by humans or algorithms.
William Thomas Stead's "sceptre of power", which has wandered from the church to newspaper and TV editorial offices, and now to citizens according to Elon Musk, risks being transferred to algorithms' opaque methods?
Instead of talking about "toxic algorithms" and TikTok bans, like the so many do today, we should ask ourselves more fundamental questions. What happens when algorithms are no longer objective (how can they ever be?), but instead become tools for shaping our reality? **Perhaps our greatest challenge today is not deciding who should govern the information landscape, but instead recognising that no one is up to the task** - not even well-ventilated computers.
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@ c3c7122c:607731d7
2025-02-16 07:48:35
At my meet up (the SD Bitcoiners Cete) on Thursday, I presented trends on the Bisq protocol. One of its features is that anyone can export the trade history and analyze it.
Bisq is a private, peer-tp-peer way to buy and sell bitcoin. All data are based on the BTC-USD market.
Trade number decreased in 2024
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But USD volume increased ($/year)
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(same graph but $/day by year)
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Which means more higher value per trade
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Interestingly, trade counts and price volatility lead to interesting BTC volume per year. The peaks are nearly identical (330 BTC)!
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Not so surprising when you compare BTC volume traded to the average BTC price that year, local price valleys mean local peaks in BTC traded (and vice versa).
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I separate fiat payment methods into three groups.
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All USD payment methods used in 2024 by average value (y-axis) and number of trades (bubble size)
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This is the same graph as above excluding Zelle and Strike, since they throw off the relative circle size (face-to-face only had 1 trade in 2024).
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Two fiat methods had >1000 trades in 2024. Strike came on the scene hot in 2021 and ate some of the Zelle volume but that may have stabilized.
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Six fiat methods had 200-1000 trades in 2024. Amazon Gift Card dwindling, Cash By Mail still top of this group, and Revolut surging (wtf is Revolut?)
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Same group, all years
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Last group is <200 trades in 2024. Basically unused, except for Wire Transfer increasing.
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Same group, all years
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What's the average trade size by fiat method? There are different reasons for this, largely driven by fiat fees and bank limits. Amazon Gift Card is an interesting option for smaller payments (note: you can't just send any gift card, there is a very specific process, see the Bisq [wiki]( https://bisq.wiki/Amazon_eGift_card))
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There no KYC premium, but there is a small Surveillance Discount
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If you open Bisq for the first time, you'll likely see spreads 3-5% or larger. These offers persist because no one wants them. So people think that Bisq is "too expensive." But let's dig into the actual trades...
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Comparing the daily trade volume to daily market rate (I used coingecko), and creating a monthly weighted average, the true surveillance discount emerges. It's not 3-5% as you might see in the order book at any given time. In fact, it was cheaper to trade on Bisq than exchanges in November and December! (Note: this does not take into account the 4 on-chain transactions required for a trade or price spread/fees used by exchanges)
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In 2024, Strike had the worst surveillance discount and Cash By Mail had the best. This isn't surprising because receiving cash is convenient and low risk for a seller so they're willing to accept a lower price. Zelle (the most common USD payment method) had the second best surveillance discount.
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Now let's compare the surveillance discount by week in 2024 for select payment methods.
Strike was consistently worse than Zelle
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Revolut was sometimes way worse than Zelle but sometimes a little better.
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The two most private payment methods are cash and money order. They're pretty competitive regarding surveillance discount.
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Take aways
* Be a maker and get a better price (fees are better too)
* Zelle is better for speed + convenience
* Amazon gift cards are good for speed + privacy (sorta)
* Cash or money order are better for privacy + volume
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@ deba271e:36005655
2025-02-16 06:49:32
Buying groceries with bitcoin rocks! I have been using bitcoin to buy food and stuff in Uvita over the last two months and what a wonderful experience that has been. There are so many places that accept. I went to the local farmers market literally every time it was open (twice a week) to buy veggies, meat, spices, juice, coffee and even clothes. You pay with bitcoin at every stand, payment fully settled sometimes [under 1 second](nostr:note1fxew6skuhayt8v2tpdh907l5tqy0aqkyx8k4x9qpuvd00kj62xjs99d8sy). I used bitcoin definitely more than I used fiat.
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*What is in the basket is what I bought with bitcoin*
As is my nature (and nostr [job description](nostr:npub1m6azw8j5wanm6mvwa367anjkzhdnz7srkpl5tyf5kql8ydsq2e2sa7h78d)), I was complaining about the UX to the folks involved across multiple companies/groups here in Uvita, with some issues already fixed and some new features/ideas being worked on. Overall the people working on these projects are amazing. This was so much fun and I hope the folks don't hate me for giving them [feedback](nostr:naddr1qvzqqqr4gupzph46yu09gam8h4kcamr4am89v9wmx9aq8vrlgkgnfvp7wgmqq4j4qqxnzdenxvurgwpjxgmnqwf5wu65zl), [feedback](nostr:note12lxe9qjefyl4uqksx97q0lnq33tghe3fhxldzut0g2rfvpmln4psqj90qe), [feedback](nostr:note1ue96mtfdnpth0msqxxx6ead4w7farnt3h4aysk53rk8cw6gjurjqz6mlwx) - I always tried to make it as actionable as possible (also I'm hard to argue with when I'm right :P).
My focus has always been on getting more merchants onboarded, getting more people to accept bitcoin, but after a couple weeks in Uvita I realized that at this point the problem here is the opposite. **People are not paying with bitcoin**.
I talked to many of the sellers, asked them how many people pay, how often. And in reality it's fairly rare for them. In the restaurants they only have a couple times per day when someone pays with bitcoin. At the market only around 10% of people pay with bitcoin, while 95% of the sellers accept. That made me feel a bit sad and surprised. This is a buyer education problem, not a seller problem.
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*Only a small portion of the folks in the picture will pay with bitcoin…*
The word of mouth approach is (imo) a solid strategy to onboard merchants, but it doesn't work for ephemeral tourists. As an example consider a "family with young kids coming for 3 days". This family doesn't have many chances to receive word of mouth. They come from elsewhere, they don't make many connections or interactions with locals.
Sidenote: Physical bitcoin office works like a charm! I would have not guessed that, but I witnessed it being the spot where people meet, where merchants come to ask questions, where new folks ask how to get onboarded. The Bitcoin Jungle team did an amazing job here.
If you are starting a circular economy in some town and already have some office space - consider making it into a "Bitcoin Office" (even if your business isn't exactly bitcoin). It will bring you visitors, great friends, bitcoiners will come hang out, etc.
#### Tourist education
We can assume that in "touristy" areas the restaurants, markets and shops will be mainly visited by tourists, so the solution here is tourist education. Now think about the journey that tourists go through - they come to the area in a car, maybe stop for lunch/dinner and then they check in at their hotel/casa. The next day they go to the local grocery store/market to get supplies and then do touristy stuff - go surfing, beach, hike, drive somewhere, chill, pool, drinks, etc.
The main touch points for where paying with bitcoin could be introduced are:
- when entering the town,
- at the restaurant,
- at the place they check in (hotel, casa),
- in the grocery store/market,
- in whatever they use to find attractions,
- the tour guides, drivers and other folks working in the tourism sector.
Here are couple ideas to make the situation better:
- **Printed brochure at merchants and hotels/casas:** a little printed brochure with the same content available at every merchant - so when someone asks about bitcoin, they can just hand this brochure to them. Doesn't need any technical background or price talk - literally "You can pay with bitcoin here. You need a bitcoin wallet, here's QR to get it. Then you need to get bitcoin, here are the options. Then just pay by scanning the QRs that sellers show you" when you tell them "pagar con bitcoin por favor".
- **Billboard when entering Uvita:** There could be a nice billboard when entering Uvita saying something like "Pay with Bitcoin in Uvita! Welcome to Bitcoin Jungle" and maybe add a link to bitcoinjungle.app and WhatsApp number.
- **A billboard at the market:** a nice printed billboard on the side of the market that shows QR for how to download BitcoinJungle wallet (and some US available wallet), how to get initial sats on it (e.g. ask a specific person at the market, install Strike…).
- **Discounts:** One thing that always attracts an eye is seeing some discount. This could be e.g. included in the brochure - "5% discount when you pay with bitcoin", or "pay with bitcoin, get XYZ for free". Someone may suggest wording "paying with fiat = extra 5% fee", but just from a psychological standpoint that is imo less effective.
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*And of course having bitcoin signs "SE ACEPTA AQUI" helps…*
Good luck!
nout
Originally posted at https://stacker.news/items/887222/r/nout
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@ 9e69e420:d12360c2
2025-02-15 20:24:09
Ukraine's President Volodymyr Zelensky called for an "army of Europe" to defend against Russian threats, emphasizing that the US may not continue its traditional support for Europe. Speaking at the Munich Security Conference, he warned against peace deals made without Ukraine's involvement.
US Vice President JD Vance echoed this sentiment, urging Europe to enhance its defense efforts.
Zelensky stated, "I really believe the time has come - the armed forces of Europe must be created." He highlighted changing dynamics in US-Europe relations and noted that "the old days are over" regarding American support.
Despite discussions around NATO, Zelensky stated he wouldn't rule out NATO membership for Ukraine.
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@ 0463223a:3b14d673
2025-02-15 08:26:21
*disclaimer - image has no relation to article.
I spend most the time moderately brain dead, how do I know this? By regularly recording my voice. I guess everyone likes to believe they’re pretty smart somehow but listening back to my voice, it is clear I am not. There’s more erms, ums, silences and failure to complete sentences than any fully formed thoughts, the closest to thoughts mostly trail away into silence. I’m not saying this to beat myself up, it’s an observation that I find quite amusing to be honest, It can be quite funny but it’s not exactly what peak performance looks like.
This isn’t ideal so I’m writing these longer form notes to help. Even trying this, I spend way more time blank than typing, I’m gently nudging my brain to try something… a complete thought, I’m not promising anything and it’s unlikely you’re going to read anything illuminating here. Sucks to be you right now right?
A lot of stuff happens doesn’t it? I’ve noticed that it sort of like, happens all the time, like woooaaahhh a thing just happened... and another... and another and they keep happening. I’m resisting to urge the write them out as they happen. I think that service is called The News right? It appears to be linear but I don’t think time is linear? At least not anything beyond a local scale…
I’m sitting in my shed and it's cold, I’ve turned the little heater on but with only 5W of power, it takes a while to heat the space, although once warm, this place holds the heat well, that’s the advantage of using some acoustic treatment for building materials.
I’m trying to evolve around a Value 4 Value economy. I’m struggling tbh. I’m trying things to create value. Over the course of 6 months I’ve generated £100 outside of my usual work. Using money as a metric I’m doing pretty badly. There are people who spend that on a single bottle of wine, and that’s a cheap bottle. But what is value anyway? I don’t know! Maybe someone could do a 16 hour long podcast called What Is Value? A bit like the What Is Money podcast but even longer. 16 hours seems like a sensible length. Were I to host it, 15 hours and 30 minutes would be silence. Maybe that’s a gig for you? I’m just trying out ideas here…
I do get value in other ways though. Playing records for an hour each day and sharing the experience does wonders for my mental health, It keeps my mind open to noises, which no doubt help me in the day job. I also get value from the people who share the time with me, that fact people return each morning suggests they do to. It’s very cool actually. Even if I can’t take credit for Miles Davis and Nightmares On Wax records. It’s still cool. I dig it a lot. I think I’ll keep doing it.
However, I’m still scratching my head how to earn more actual cash. Not that I’m obsessed or anything but it’s the best thing to exchange for food. I tried shoplifting as a kid and I was terrible at it. I didn’t invest the time in getting good at it, I just didn’t want to. More fool me right?
I’ve been doing the sums for setting up a space in town. Including rent, business rates, utilities and paying myself, I’m looking at finding £5,000 per month. Currently I earn between £1,500-£1,800 a month. Not a lot I know. I saw a post someone make looking for work online the other day, they were looking for 10x what I earn. They seem to be pretty good with computers… I bet they’re shit with Phil Collins’ emojis though. So I need to at least 3x the value I can provide in order to make the space work.
There’s probably people reading this thinking ‘get a job’. OK… how about no? I enjoy what I do, that doesn’t mean it’s always fun or not tough but I have a fair amount of autonomy. I don’t think I’m cut out for a ‘job’ but I definitely want to find things I can do which people are happy to swap for cash. This is a different thing all together. A job is targets and performance reviews etc. As I understand it, a person in a suit who earns slightly more than you, tells you if you’re any good on behalf of someone else. If you’re not, instead of telling you to fuck off, they tell you to do more or do better or they’ll tell you to fuck off, trapping you in some weird mind game. And it’s not even their own mind game, it’s a mind game someone else has trapped them into. These chains of mind games can be extremely long and can go through many, many people, literally billions of people find themselves trapped in this weird mind game. It doesn’t sound like my bag at all. I liked the bag James Brown had. That bag was cool.
So I’ll keep thinking… I’m certainly not giving up.
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@ da0b9bc3:4e30a4a9
2025-02-15 07:47:12
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/886437
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@ fd208ee8:0fd927c1
2025-02-15 07:37:01
E-cash are coupons or tokens for Bitcoin, or Bitcoin debt notes that the mint issues. The e-cash states, essentially, "IoU 2900 sats".
They're redeemable for Bitcoin on Lightning (hard money), and therefore can be used as cash (softer money), so long as the mint has a good reputation. That means that they're less fungible than Lightning because the e-cash from one mint can be more or less valuable than the e-cash from another. If a mint is buggy, offline, or disappears, then the e-cash is unreedemable.
It also means that e-cash is more anonymous than Lightning, and that the sender and receiver's wallets don't need to be online, to transact. Nutzaps now add the possibility of parking transactions one level farther out, on a relay. The same relays that cannot keep npub profiles and follow lists consistent will now do monetary transactions.
What we then have is
* a **transaction on a relay** that triggers
* a **transaction on a mint** that triggers
* a **transaction on Lightning** that triggers
* a **transaction on Bitcoin**.
Which means that every relay that stores the nuts is part of a wildcat banking system. Which is fine, but relay operators should consider whether they wish to carry the associated risks and liabilities. They should also be aware that they should implement the appropriate features in their relay, such as expiration tags (nuts rot after 2 weeks), and to make sure that only expired nuts are deleted.
There will be plenty of specialized relays for this, so don't feel pressured to join in, and research the topic carefully, for yourself.
https://github.com/nostr-protocol/nips/blob/master/60.md
https://github.com/nostr-protocol/nips/blob/master/61.md
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@ a012dc82:6458a70d
2025-02-15 02:53:03
In the ever-evolving landscape of finance, two names have consistently dominated the conversation in recent years: Bitcoin and Ethereum. These cryptocurrencies have not only revolutionized the way we think about money but have also paved the way for a future where digital assets play a central role. As we stand at the cusp of a new era in finance, it's crucial to understand the significance of these two giants in the crypto world. This article takes a deep dive into Bitcoin and Ethereum, exploring their origins, their impact on the financial sector, and what the future might hold for these digital currencies.
**Table of Contents**
- Bitcoin: The Pioneer of Cryptocurrency
- Ethereum: More Than Just a Cryptocurrency
- The Impact on the Financial Sector
- The Future Outlook
- Conclusion
- FAQs
**Bitcoin: The Pioneer of Cryptocurrency**
Bitcoin, created by the mysterious figure or group known as Satoshi Nakamoto, emerged in 2009 as the first decentralized digital currency. It introduced the world to the concept of a blockchain, a distributed ledger technology that ensures security and transparency in transactions. Over the years, Bitcoin has become synonymous with cryptocurrency, often being the first token that comes to mind when discussing digital assets. Its primary appeal lies in its decentralized nature, free from the control of any government or financial institution, offering a form of financial freedom and privacy that traditional currencies cannot.
However, Bitcoin is not without its challenges. Its scalability issues, high transaction fees, and extensive energy consumption due to mining activities have been points of contention. Despite these challenges, Bitcoin has maintained its position as the leading cryptocurrency, often referred to as digital gold, and continues to attract significant investment from both retail and institutional investors.
**Ethereum: More Than Just a Cryptocurrency**
Ethereum, proposed in late 2013 by programmer Vitalik Buterin, is often considered the second most important cryptocurrency after Bitcoin. However, Ethereum offers much more than just a digital currency; it's a platform for decentralized applications (dApps). The introduction of smart contracts on Ethereum's blockchain has opened up possibilities far beyond simple monetary transactions. These self-executing contracts with the terms of the agreement directly written into code have enabled the development of a wide range of applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs).
Ethereum's flexibility and adaptability have made it a cornerstone of the blockchain development community. However, like Bitcoin, it faces its own set of challenges, including network congestion and high gas fees, especially during peak usage times. The much-anticipated upgrade to Ethereum 2.0 aims to address these issues by shifting from a proof-of-work to a proof-of-stake consensus mechanism, which is expected to significantly increase its scalability and reduce its environmental impact.
**The Impact on the Financial Sector**
The advent of Bitcoin and Ethereum has had a profound impact on the financial sector. They have challenged traditional financial models and institutions, introducing concepts like decentralized finance, which aims to create a more open and accessible financial system. Cryptocurrencies have also introduced new investment opportunities, with Bitcoin becoming a popular choice for investors looking for an asset that is not correlated with traditional financial markets.
Moreover, the technologies behind these cryptocurrencies, especially blockchain, have found applications in various sectors, including banking, supply chain management, and voting systems. The transparency, security, and efficiency offered by blockchain technology have the potential to revolutionize these industries.
**The Future Outlook**
Looking ahead, the future of Bitcoin, Ethereum, and cryptocurrencies, in general, is both exciting and uncertain. Regulatory challenges, technological advancements, and market dynamics will play significant roles in shaping their paths. Bitcoin, with its limited supply and increasing adoption, might continue to be seen as a store of value, while Ethereum's transition to Ethereum 2.0 could solidify its position as the leading platform for decentralized applications.
The increasing interest from institutional investors and the integration of cryptocurrency services by major financial players suggest a growing acceptance and maturation of these digital assets. However, the volatile nature of cryptocurrencies remains a significant factor, making them a risky, albeit potentially rewarding, investment.
**Conclusion**
Bitcoin and Ethereum have undeniably paved the way for a new era in finance, one that is digital, decentralized, and diverse. Their impact extends beyond just the financial sector, influencing technology, governance, and society as a whole. As we move forward, the continuous evolution of these cryptocurrencies and their underlying technologies will undoubtedly play a pivotal role in shaping the future of finance. Whether they will become mainstream elements of our financial system or remain as alternative assets, one thing is certain: Bitcoin and Ethereum have forever changed the landscape of finance, and their journey is far from over.
**FAQs**
**How does Ethereum differ from Bitcoin?**
While Bitcoin was created primarily as a digital currency, Ethereum is a decentralized platform that enables smart contracts and decentralized applications (dApps). Ethereum's native token, Ether, is used to facilitate these operations.
**What are the main uses of Bitcoin and Ethereum?**
Bitcoin is mainly used as a digital currency and a store of value, often referred to as 'digital gold.' Ethereum, on the other hand, is used to power smart contracts and dApps, playing a crucial role in the decentralized finance (DeFi) and non-fungible token (NFT) sectors.
**What are the challenges facing Bitcoin and Ethereum?**
Bitcoin faces challenges like scalability, high transaction fees, and environmental concerns due to its mining process. Ethereum struggles with network congestion and high gas fees, although its upcoming upgrade to Ethereum 2.0 aims to address these issues.
**Are Bitcoin and Ethereum regulated?**
The regulatory status of Bitcoin and Ethereum varies by country. While some countries have embraced them with specific regulations, others have imposed restrictions or outright bans.
**That's all for today**
**If you want more, be sure to follow us on:**
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***DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.***
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@ 9e69e420:d12360c2
2025-02-14 18:07:10
Vice President J.D. Vance addressed the Munich Security Conference, criticizing European leaders for undermining free speech and traditional values. He claimed that the biggest threat to Europe is not from external enemies but from internal challenges. Vance condemned the arrest of a British man for praying near an abortion clinic and accused European politicians of censorship.
He urged leaders to combat illegal immigration and questioned their democratic practices. “There is a new sheriff in town,” he said, referring to President Trump. Vance's remarks were unexpected, as many anticipated discussions on security or Ukraine. His speech emphasized the need for Europe to share the defense burden to ensure stability and security.
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@ dd664d5e:5633d319
2025-02-14 16:56:29
Most people only know customer-to-customer (C2C) and business-to-customer (B2C) software and websites. Those are the famous and popular ones, but business-to-business (B2B) is also pretty big. How big?
Even something boring and local like [DATEV](https://www.datev.de/web/de/startseite/startseite-n/) has almost 3 million organizations as customers and €1,44 billion in annual revenue.
FedEx has €90 billion in annual revenue and everyone who uses it comes into contact with its software. There's a whole chain of software between the sender and receiver of the package, and it all has to work seamlessly.
Same with Walmart, Toyota, Dubai Airport, Glencore, Tesla, Edeka, Carrefour, Harvard and University of Texas, Continental, Allianz, Asklepios, etc.
That's the sort of software I help build. You've probably never heard of it, but when it doesn't work properly, you'll hear about it on the news.
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@ da0b9bc3:4e30a4a9
2025-02-14 15:21:29
It's Finally here Stackers!
It's Friday!
We're about to kick off our weekends with some feel good tracks.
Let's get the party started. Bring me those Feel Good tracks.
It is valentine's so let's get all gooey and soft, let's feel good and loved up.
If the world was ending, I'd wanna be next to you.
https://youtu.be/kPa7bsKwL-c?si=XbAaVfCHLZw6_0n6
Talk Music. Share Tracks. Zap Sats.
Let's go!
originally posted at https://stacker.news/items/885888
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@ 9e69e420:d12360c2
2025-02-14 15:14:34
A Russian drone attack has struck the radiation shelter at Chernobyl, according to Ukrainian President Volodymyr Zelensky. The strike caused a fire, but it has since been extinguished, and radiation levels remain stable. The International Atomic Energy Agency (IAEA) confirmed that no casualties occurred and that monitoring continues.
Rafael Mariano Grossi, IAEA's director general, emphasized the need for caution. Chernobyl, site of the 1986 nuclear disaster, contains a protective shield costing $1.6 billion. Disaster prevention remains a priority as the conflict unfolds.
The incident occurred shortly before the meeting of world powers at the Munich Security Conference in Germany.
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@ a012dc82:6458a70d
2025-02-14 13:51:33
In the ever-evolving landscape of cryptocurrency, a significant development has emerged that is reshaping perceptions and strategies within the industry. Bitcoin, the original and most prominent digital currency, has seen its transaction fees hit a two-year high. This remarkable surge in fees is not merely a statistical blip but a phenomenon that could herald a transformative phase in Bitcoin mining. As we witness these fees reaching unprecedented levels, it prompts a crucial inquiry: Are we on the cusp of a new era in BTC mining, one that redefines its economic and technological paradigms?
**Table Of Content**
- The Surge in Transaction Fees
- Impact on Bitcoin Miners
- A Divided Community
- The Ripple Effect on Mining Stocks
- The Broader Market Influence
- Conclusion
- FAQs
**The Surge in Transaction Fees**
The Bitcoin network, known for its robustness and security, has recently been the center of a notable financial trend. Transaction fees have soared to over $37, a figure reminiscent of the peak levels observed in April 2021. This significant increase is not an isolated event but rather a symptom of a larger, more complex shift within the Bitcoin ecosystem. The primary driver behind this surge is the burgeoning interest in Bitcoin NFTs, particularly through a protocol known as Ordinals. This innovative protocol facilitates the storage of non-fungible tokens (NFTs) directly on the Bitcoin blockchain. As a result, there has been a marked increase in transaction volumes, leading to higher fees. This trend reflects a growing interest in utilizing Bitcoin not just as a currency but as a platform for broader digital asset interactions, potentially expanding its use cases and value proposition.
**Impact on Bitcoin Miners**
The escalation in transaction fees has had a profound and far-reaching impact on the community of Bitcoin miners. These individuals and companies, who form the backbone of the Bitcoin network by validating transactions and maintaining the blockchain, are now witnessing a dramatic shift in their revenue streams. With fees reaching such high levels, their daily income has surged to an estimated $63 million, translating to an extraordinary $23 billion annually. This figure is a significant leap from the average income over the past two years and represents a potential windfall for the mining sector. The increased profitability could lead to renewed investment in mining infrastructure, potentially spurring technological advancements and increased competition within the sector. It also raises questions about the decentralization of Bitcoin mining, as higher profits could lead to further consolidation in an industry already dominated by large players.
**A Divided Community**
The Bitcoin community, known for its diverse opinions and robust debates, finds itself at a crossroads with the rise of Ordinals and its impact on transaction fees. On one hand, some members of the community, including prominent figures like core developer Luke Dashjr, view the influx of Ordinals as a form of spam that clutters the blockchain and necessitates technical solutions. This perspective underscores concerns about blockchain bloat, transaction prioritization, and the fundamental principles of what Bitcoin should represent. On the other hand, for miners, these high fees have been a significant boon. They have provided a much-needed boost to profitability, especially in a period where the price of Bitcoin itself has been relatively stable. This divergence in views reflects the ongoing evolution of Bitcoin's identity and purpose, as it balances its role as a digital gold, a transactional currency, and now, a platform for digital art and collectibles.
**The Ripple Effect on Mining Stocks**
The impact of the surge in Bitcoin fees extends beyond the digital realm and into the traditional financial markets. Bitcoin mining stocks, representing companies that invest heavily in the infrastructure required to mine the digital currency, have shown remarkable resilience and growth. Companies like Marathon Digital, Riot Platform, and Cleanspark have seen their stock prices rally, significantly outperforming the actual price of Bitcoin. This trend indicates a growing investor confidence in the mining sector, buoyed by the increased revenue potential from transaction fees. It also suggests a decoupling of sorts, where the mining sector's performance is not solely dependent on the price of Bitcoin but also on other factors like transaction volume and fee structures. This decoupling could attract a new class of investors to the mining stocks, those looking for exposure to the crypto market but with a different risk profile than holding cryptocurrencies directly.
**The Broader Market Influence**
The performance of Bitcoin mining stocks is also intricately linked to the broader equity markets. As observed by Caleb Franzen, founder of Cubic Analytics, the strong performance of equity markets has provided additional momentum to these stocks. This correlation indicates that Bitcoin mining companies are increasingly being viewed through the lens of traditional financial analysis, where market trends and investor sentiment play a crucial role. The implication is significant: as Bitcoin mining firms become more integrated into the broader market, they may also become more susceptible to the same macroeconomic factors that influence traditional stocks. This integration could lead to greater stability in the mining sector but also exposes it to new types of risks, such as regulatory changes or shifts in investor sentiment unrelated to the crypto market.
**Conclusion**
The recent developments in Bitcoin transaction fees, driven by the popularity of Ordinals, have ushered in significant changes in the mining landscape. With increased revenues and a positive impact on mining stocks, it's tempting to proclaim the dawn of a new era in Bitcoin mining. However, the sustainability of this trend and its long-term impact on the Bitcoin ecosystem remain subjects of intense speculation and debate. As the community grapples with these changes, the future of Bitcoin mining continues to be a topic of keen interest. Whether this marks a permanent shift or a temporary phase in the cryptocurrency's evolution, one thing is certain: the world of Bitcoin remains as dynamic and unpredictable as ever.
**FAQs**
**What caused the recent spike in Bitcoin transaction fees?**
The surge in Bitcoin transaction fees to over $37, a two-year high, is primarily attributed to the growing popularity of Bitcoin NFTs, especially through the Ordinals protocol, which allows for the storage of non-fungible tokens on the Bitcoin blockchain.
**How does the increase in transaction fees affect Bitcoin miners?**
Bitcoin miners, who earn BTC for processing transactions, have seen a significant increase in their income due to the higher fees. Their daily revenue has reached approximately $63 million, translating to an estimated $23 billion annually.
**What is the Ordinals protocol, and why is it controversial?**
Ordinals is a protocol that enables the storage of NFTs on the Bitcoin blockchain. It has been controversial within the Bitcoin community, with some viewing it as a beneficial innovation and others as a form of spam that clutters the blockchain.
**Have Bitcoin mining stocks been affected by the increase in fees?**
Yes, Bitcoin mining stocks, such as Marathon Digital, Riot Platform, and Cleanspark, have outperformed the actual price of Bitcoin, indicating growing investor confidence in the mining sector due to increased revenue from transaction fees.
**Is the Bitcoin mining industry becoming more centralized?**
The increase in profitability could lead to further investment in mining infrastructure, potentially leading to more competition but also raising concerns about the centralization of mining power in the hands of large companies.
**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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@ 42342239:1d80db24
2025-02-14 08:42:40
A recent US data leak has brought to light a disturbing reality: our everyday technology has become a powerful tool for surveillance and control. Paradoxically, **new technology holds the key to creating a safer, more resilient, and perhaps even more human society.**
Preparedness remains a multifaceted topic that continues to spark engagement. The subject is not just about energy infrastructure and [food supply](https://www.epochtimes.se/kan-vi-bade-ata-kakan-och-ha-den-kvar) but also about seemingly more orthogonal issues like [obesity](https://www.epochtimes.se/fetare-svenskar-oroar-forsvarsmakten) and cybersecurity.
The significant importance of cybersecurity can be illustrated by examples from an American company that was recently subjected to an [IT intrusion](https://archive.ph/s1atX) with a subsequent data leak. The company, Gravy Analytics, specializes in providing mobile phone data that provides **exceptionally detailed information about where individuals are located at any given time**. Data that can be used, for example, for advertising purposes, but also for more sinister purposes such as extortion or espionage. The company has previously been accused of using misleading methods to collect location data without valid consent from individuals.
Mobile operators have long had the ability to locate their subscribers' positions over time. This leak shows how **even apps on your phone risk revealing your location.** Analysis of the samples leaked from the leak shows that data has leaked out for users of several well-known mobile applications, including the popular mobile game Candy Crush and the widely used online dating service Tinder.
Even if apps only use an [ad ID](https://x.com/fs0c131y/status/1876987765012701407) when collecting data, these collected digital breadcrumbs can often be deanonymized. It is possible, for example, to identify daily routines, workplaces, and where and when an individual usually sleeps. This usually enables identification. But **it is also possible to map an individual's social circle and romantic relationships.** The mapping risks quickly becoming both sensitive and invasive.
**The fact that such data is collected, but especially that it leaks, also poses a threat to preparedness.** By mapping military or other sensitive locations (energy supply, water treatment plants, critical infrastructure) along with location and time data, it is potentially possible to identify employees at these locations. Information that can then be used by those who want to cause harm.
It is not written in the stars that citizens must be dependent on a few large IT companies. Our data does not need to be collected and used in a way that does not benefit us, without our knowledge. There are alternatives to large-scale and "super-registers". **Technology such as asymmetric encryption and zero-knowledge proofs can be used to give power back to the individual.** If the parliament and government are serious about improving preparedness, it is high time to leave old thought patterns like Chat Control 2 behind and instead explore such possibilities.
The primary purpose of the internet was originally to enable information transfer without intermediaries ("peer-to-peer"). Today, intermediaries are everywhere. It is worth remembering that **peer-to-peer is not some obscure technical term**. In case we have forgotten about it, it simply means: person to person, without intermediaries.
Maybe new technology can not only give us a safer and more resilient society, but also a more human one?
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@ da0b9bc3:4e30a4a9
2025-02-14 06:26:26
Hello Stackers!
Welcome on into the ~Music Corner of the Saloon!
A place where we Talk Music. Share Tracks. Zap Sats.
So stay a while and listen.
🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨
🚨Subscribe to the territory to ensure you never miss a post! 🚨
originally posted at https://stacker.news/items/885591
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@ da18e986:3a0d9851
2025-02-14 06:00:27
I'm excited to share the first phase of DVMDash's major redesign! After some recent downtime issues (thanks nostr:npub1e5tfhk8m65teu25dfx8lcvwn4c8ypqjl72u2sh4rt8zy2kss0j5qct7mh9 and nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn for the heads up), I've been working on rebuilding DVMDash from the ground up to be more modular, scalable, and reliable.
## What's Live Now: The Stats App
The first piece of the new DVMDash is our completely rebuilt Stats app. Instead of trying to do everything at once, we're now breaking DVMDash into focused tools. The Stats app brings:
- Flexible time windows (1h, 24h, 7d, 30d) for more relevant insights
- Bar graphs showing activity over time
- Per-DVM and per-Kind detailed metrics
For those interested in the new backend architecture, check out my [recent post about performance gains](nostr:naddr1qvzqqqr4gupzpkscaxrqqs8nhaynsahuz6c6jy4wtfhkl2x4zkwrmc4cyvaqmxz3qqxnzdenxu6nwd3sxgmryv3506t7ws) describing how horizontal scaling is needed to support the growing DVM ecosystem.
## Coming Soon: Debug Tools and Playground
You'll notice on the new [landing page](https://dvmdash.live) that DVMDash is now split into three main tools:
1. Stats (available now!)
2. Debug Tools (coming soon)
3. Data Vending Playground (coming soon)
The Debug Tools will bring back the interactive graph-based debugger and event browser, while the Playground will offer a space to experiment with DVMs directly. I'm focusing on getting these right rather than rushing them out.
## Running Locally
Want to try it out? You can clone the repository and run the Stats app locally with a simple
```
docker compose --profile all up
```
then visit **localhost:3000** in your browser.
## What's Next
My immediate focus is on:
1. Polishing the Stats app with new features like:
* Sortable tables for easier data analysis
* Enhanced DVM profiles with pictures and metadata from relays
* More detailed DVM-specific metrics
2. Bringing back the debugging tools
3. Building out the playground
This is very much a work in progress, and I appreciate your patience as we rebuild. If you run into any issues or have suggestions, please drop by our GitHub repository.
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@ 9e69e420:d12360c2
2025-02-13 23:01:36
Robert F. Kennedy Jr. has been confirmed as the next Secretary of Health and Human Services with a Senate vote of 52-48. Senator Mitch McConnell opposed the confirmation. Kennedy's nomination faced hurdles but gained support from the Senate Finance Committee.
During the confirmation hearing, Senator Rand Paul criticized the oversimplification of vaccine discussions. He stated, "Discussion over vaccines is so oversimplified and dumbed down." Kennedy asserted his support for vaccines like measles and polio, promising not to discourage vaccinations as HHS Secretary. Previously, he switched from the Democratic Party to run as an independent and endorsed Trump
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@ e3ba5e1a:5e433365
2025-02-13 06:16:49
My favorite line in any Marvel movie ever is in “Captain America.” After Captain America launches seemingly a hopeless assault on Red Skull’s base and is captured, we get [this line](https://www.youtube.com/shorts/kqsomjpz7ok):
“Arrogance may not be a uniquely American trait, but I must say, you do it better than anyone.”
Yesterday, I came across a comment on the song [Devil Went Down to Georgia](https://youtu.be/ut8UqFlWdDc) that had a very similar feel to it:
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America has seemingly always been arrogant, in a uniquely American way. Manifest Destiny, for instance. The rest of the world is aware of this arrogance, and mocks Americans for it. A central point in modern US politics is the deriding of racist, nationalist, supremacist Americans.
That’s not what I see. I see American Arrogance as not only a beautiful statement about what it means to be American. I see it as an ode to the greatness of humanity in its purest form.
For most countries, saying “our nation is the greatest” *is*, in fact, twinged with some level of racism. I still don’t have a problem with it. Every group of people *should* be allowed to feel pride in their accomplishments. The destruction of the human spirit since the end of World War 2, where greatness has become a sin and weakness a virtue, has crushed the ability of people worldwide to strive for excellence.
But I digress. The fears of racism and nationalism at least have a grain of truth when applied to other nations on the planet. But not to America.
That’s because the definition of America, and the prototype of an American, has nothing to do with race. The definition of Americanism is *freedom*. The founding of America is based purely on liberty. On the God-given rights of every person to live life the way they see fit.
American Arrogance is not a statement of racial superiority. It’s barely a statement of national superiority (though it absolutely is). To me, when an American comments on the greatness of America, it’s a statement about freedom. Freedom will always unlock the greatness inherent in any group of people. Americans are *definitionally* better than everyone else, because Americans are freer than everyone else. (Or, at least, that’s how it should be.)
In *Devil Went Down to Georgia*, Johnny is approached by the devil himself. He is challenged to a ridiculously lopsided bet: a golden fiddle versus his immortal soul. He acknowledges the sin in accepting such a proposal. And yet he says, “God, I know you told me not to do this. But I can’t stand the affront to my honor. I am the greatest. The devil has nothing on me. So God, I’m gonna sin, but I’m also gonna win.”
*Libertas magnitudo est*
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@ da0b9bc3:4e30a4a9
2025-02-10 12:51:46
Hello Stackers!
It's Monday so we're back doing "Meta Music Mondays" 😉.
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!
https://youtu.be/ya69LUa1E_w?si=cM6yCALsPpp9L3Sc
I recently got introduced to these ladies. Their music is fantastic, they're really talented musicians. They are:
Lilith: The vocalist.
Lamia: The lead guitarist.
Nixe: The bassist.
Abrahel: The drummer.
Their identity is meant to be a mystery, so let's keep it that way.
These Nuns can make Noise!!
Let's go!
Talk Music. Share Tracks. Zap Sats.
originally posted at https://stacker.news/items/881416
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@ 42342239:1d80db24
2025-02-10 08:16:32
The risks associated with cryptocurrencies have recently [received attention](https://www.epochtimes.se/finansinspektionen-varnar-for-investeringar-i-krypto) in the media, where e.g. the Swedish Financial Supervisory Authority warns of the high volatility and risk of investments in crypto. Within the EU, as usual, significant efforts are being made to expand the already extensive regulatory framework. Meanwhile, in the US, there has been a marked turnaround. Even the presidential family has launched their own cryptocurrencies, resulting in criticism from [industry experts](https://efn.se/vandning-om-trump-i-kryptobranschen-befangt) .
Important perspectives, however, are conspicuous by their absence in the conversation.
Iain McGilchrist, a British psychiatrist and philosopher, has introduced the hemispheric hypothesis (a theory about how the brain's two hemispheres function). **The left hemisphere is more detail- and control-oriented, while the right hemisphere is more holistic.** A society dominated by the left hemisphere, [such as our own according to McGilchrist](https://www.youtube.com/watch?v=WYB7P-xPRsk) , "would see it as its task to control everything maximally and would have a paranoid feeling that we need to have surveillance cameras everywhere...".
During a [speech](https://x.com/CollinRugg/status/1882474184338514033) at the World Economic Forum, President Trump recently stated that conservatives complain about big banks, such as Bank of America, not allowing them to conduct business within the bank. Critics argue that the American banking system has been used [to persecute](https://x.com/TFTC21/status/1861510237485965565) political opponents, both during Obama's and Biden's terms. **Under Obama, 'Operation Chokepoint' was introduced to limit certain businesses' access to banking services.** A subcommittee in the Senate [now wants to eradicate](https://x.com/SenLummis/status/1882497148975280449) this phenomenon.
**More and more people are discovering that their money is not always under their control.** Non-profit associations and [congregations](https://www.varldenidag.se/nyheter/monster-kristna-aktorer-nekas-bli-bankkunder/833990) are not allowed to open bank accounts. Sometimes they are even thrown out as bank customers. Others may report being subjected to lengthy interrogations by the bank about what they intend to do with their money, even when they just want to transfer funds between their own accounts. **Rejected churches are met with silence**, while a bank account is (still!) necessary to fully operate in society.
When leading economists at the International Monetary Fund (IMF) argue that a cashless society can [threaten fundamental rights](https://archive.ph/fpRk0) , including property rights, when churches are refused bank accounts in what is described as "**a threat to civil society**" and when regulations still fail to combat [organised crime](https://www.epochtimes.se/Ibland-kostar-det-mer-an-det-smakar) , is it not reasonable to wonder if we are on the right path?
With cash, people can pay freely without intermediaries, which constitutes a form of financial freedom. The notes you hold in your hand are your own. **Cryptocurrencies, such as Bitcoin, offer a similar possibility**: an electronic, peer-to-peer cash system (person to person).
A society dominated by the left hemisphere results in a pathological need for control, according to McGilchrist. A more holistic perspective, taking into account the right hemisphere, would acknowledge that too much control can be detrimental, that property rights are a fundamental right, and that [financial freedom](https://www.epochtimes.se/Dags-att-prioritera-transaktionsfrihet) is a human right. Do these perspectives not deserve more attention?