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https://odysee.com/@TraderUniversity:a/bitcoin-scarce,-useful,-valuable:d Bitcoin: Scarce, Useful, Valuable

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https://odysee.com/@fireship:6/big-tech-in-panic-mode...-did-deepseek:2 Chip stocks like Nvidia are in trouble after the DeepSeek R1 AI model has proven that it is possible to train and run state-of-the-art reasoning models with minimal hardware. Let's find out why China's latest AI model has big tech and wall street in panic mode.

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https://ar.io/

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They literally rejected my fiat at the eatery and I was starving made me trip off

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Thanks for the 4 zaps!

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https://zorya.pages.dev/when-was-the-release-of-the-first-bitcoin-software/ When was the release of the first Bitcoin software?

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https://youtu.be/2RCwZDRwk48 Juan Benet, the originator of IPFS, explains the shortcomings of the current way we address content on the web using the example of a physical library.

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DVMs on Nostrudel ftw

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Triangle Closing in the Lightning Network https://zorya.pages.dev/triangle-closing-in-the-lightning-network/

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Incentivize Full Node Operators https://zorya.pages.dev/incentivize-full-node-operators/

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The Role of Hash Time-Locked Contracts (HTLCs) in the Lightning Network https://zorya.pages.dev/the-role-of-hash-time-locked-contracts-htlcs-in-the-lightning-network/

@ d34e832d:383f78d0

Dynamic Commitments: Enhancing Flexibility and Upgrades https://zorya.pages.dev/dynamic-commitments-enhancing-flexibility-and-upgrades/

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Code is Law and Technology

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Point Time Locked Contracts (PTLCs) https://zorya.pages.dev/point-time-locked-contracts-ptlcs/

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Why is Segwit Important https://zorya.pages.dev/why-is-segwit-important/

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NodeContext and CNode: Roles in Bitcoin's Architecture https://zorya.pages.dev/nodecontext-and-cnode-key-roles-in-bitcoins-architecture/

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Advantages of Schnorr Signatures Over ECDSA in Bitcoin https://zorya.pages.dev/advantages-of-schnorr-signatures-over-ecdsa-in-bitcoin/

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The Pubky GitHub repository hosts a set of tools for creating self-sovereign web applications and decentralized systems, such as `pkarr` for sovereign TLDs, `pubky-core` for censorship-resistant web app backends, and `pkdns` for DNS resolution of those domains. For more details, check out the [Pubky GitHub repository](https://github.com/pubky).

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@c2827524936dedad5f623bcf8a04d201f3fd3ed7d4912a190dbeef685f45b2f7 "The Yield from Money Held" Reconsidered Tags Free Markets, Capital and Interest Theory, Monetary Theory, Other Schools of Thought 05/14/2009•Hans-Hermann Hoppe Franz Cuhel occupies an honored place in the history of economic thought and of the "Viennese" or "Austrian" School of economics in particular. In his book Zur Lehre von den Bedürfnissen (1907), Cuhel presented for the first time a strictly ordinal interpretation of marginal utility and thus contributed to a systematic advance of pure economic theory. Since this lecture is named in Cuhel's honor, I felt it appropriate that I, too, should discuss here a purely theoretical problem of economics. My subject is not the general theory of value, however, but, more specifically, the theory of money. I have chosen the title of my lecture after a famous article by William H. Hutt, "The Yield from Money Held."1 Like Hutt, I want to attack the following notion: that money held in cash balances and deposit accounts is somehow "unproductive," "barren," or "sterile," offering a "yield of nil"; that only consumer goods and producer (investment) goods are productive of human welfare; that the only productive use of money lies in its "circulation," i.e., in its spending on consumer or producer goods; and that the holding, i.e., the not spending, of money diminishes future consumption and production. This view is extremely popular within the economics profession and outside. Hutt offers many examples of its proponents. I will offer only two here. The first is John Maynard Keynes. One famous quote from his General Theory will suffice for my purpose: "An act of individual saving," by which Keynes means cash holding or "hoarding" instead of consumption or investment spending, means — so to speak — a decision not to have dinner to-day. But it does not necessitate a decision to have dinner or buy a pair of boots a week hence or a year hence or to consume any specified thing at any specified date. Thus it depresses the business of preparing to-day's dinner without stimulating the business of making ready for some future act of consumption. It is not a substitution of future consumption-demand for present consumption-demand — it is a net diminution of such demand.2 Here it is: the holding of money, i.e., the not spending of it on either consumer or investment goods, is unproductive, indeed detrimental. According to Keynes, the government or its central bank must create and then spend the money that "savers," i.e., the holders of cash balances, are unproductively holding back, so as to stimulate both consumption and investment. (Needless to say, this is precisely what governments and central banks are presently doing to supposedly rectify the current economic crisis.) The second example is from closer to home, i.e., from the proponents of "free banking" such as Lawrence White, George Selgin, and Roger Garrison. According to them, an (unanticipated) increase in the demand for money "pushes the economy below its potential," (Garrison) and requires a compensating money-spending injection from the banking system. Here it is again: an "excess demand for money" (Selgin and White) has no positive yield or is even detrimental; hence, help is needed. For the free bankers help is not supposed to come from the government and its central bank, but from a system of freely competing fractional-reserve banks. However, the idea involved is the same: the holding of (some, "excess") money is unproductive and requires a remedy.3 I do not want to engage in a textual critique of Keynes or the "free bankers" here. I only mentioned them to further elucidate the idea that I want to attack, and to indicate how widespread — and consequential — its acceptance is within the economics profession, both inside and outside Keynesian circles. Unlike Hutt, who proceeds "critically" in his article, i.e., through a textual examination of various authors, and arrives at his own contrary view of the (positive) yield from money held in a rather indirect and circumstantial way, I want to proceed "apodictically": by way of a positive demonstration of money's unique productivity.4 The first natural response to the thesis that money held in or added to cash balances is unproductive is to counter, Why, then, if money held in or added to cash balances is unproductive of human welfare, do people hold them or add to them? If cash holdings are indeed "good for nothing," no one would hold or add to them — and yet almost everyone does so all the time! And since all money is always held or hoarded by someone — when it "circulates," it only leaves one holding hand to be passed into another — money must be continuously "good for something" all the while it is being held (which is always). To understand what this "good for something" of money is, it is best to ask, When, under what conditions, would there be no demand for cash holdings? Interestingly, wide agreement exists within the economics profession on the answer. It has been most lucidly stated by Ludwig von Mises. No money, and no demand for cash balances, would exist in "general equilibrium," or as Mises calls it, within the imaginary construction of an "evenly rotating economy." In this construction, all uncertainty is by assumption removed from human action. Everyone knows precisely the terms, times, and locations of every future action, and accordingly all exchanges can be prearranged and take the form of direct exchanges. Writes Mises, In a system without change in which there is no uncertainty whatever about the future, nobody needs to hold cash. Every individual knows precisely what amount of money he will need at any future date. He is therefore in a position to lend all the funds he receives in such a way that the loans fall due on the date he will need them.5 Based on this fundamental insight, we can state as a first provisional conclusion concerning the positive theory of money that money and cash balances would disappear with the disappearance of uncertainty (never) and, mutatis mutandis, that the investment in money balances must be conceived of as an investment in certainty or an investment in the reduction of subjectively felt uneasiness about uncertainty. In reality, outside the imaginary construction of an evenly rotating economy, uncertainty exists. The terms, times, and locations of all future actions and exchanges cannot be predicted perfectly (with certitude). Action is by nature speculative and subject to error. Presently unpredictable surprises can occur. Whenever double coincidences of wants between pairs of prospective buyers and sellers are absent, for instance, i.e., when one does not want what the other has to sell or vice versa, any direct trade (exchange) becomes impossible. Faced with this challenge of unpredictable contingencies, man can come to value goods on account of their degree of marketability (rather than their use-value for him as consumer or producer goods) and consider trading also whenever a good to be acquired is more marketable than that to be surrendered, such that its possession would facilitate the future acquisition of other directly or indirectly serviceable goods and services. That is, a demand for media of exchange can arise, i.e., a demand for goods valued on account of their marketability or resalability. And since a more easily and widely resalable good is preferable to a less easily and widely resalable good as a medium of exchange, "there would be," as Mises writes, an inevitable tendency for the less marketable of a series of goods used as media of exchange to be one by one rejected until at last only a single commodity remained, which was universally employed as a medium of exchange; in a word, money.6 While this brief reconstruction of the origin of money is familiar, insufficient attention has been drawn to the fact that, as the most easily and widely salable good, money is at the same time the most universally present — instantly serviceable — good (which is why the interest rate, i.e., the discount rate of future goods against present goods, is expressed in terms of money) and, as such, the good uniquely suited to alleviate presently felt uneasiness about uncertainty. Because money can be employed for the instant satisfaction of the widest range of possible needs, it provides its owner with the best humanly possible protection against uncertainty. In holding money, its owner gains in the satisfaction of being able to meet instantly, as they unpredictably arise, the widest range of future contingencies. The investment in cash balances is an investment contra the (subjectively felt) aversion to uncertainty. A larger cash balance brings more relief from uncertainty aversion. The term uncertainty aversion is meant here in its technical sense, as opposed to risk aversion. The categorical distinction between uncertainty on the one hand and risk on the other was introduced into economics by Frank H. Knight and further elaborated on by Ludwig von Mises with his distinction between case probability and class probability.7 Risks (instances of class probability) are contingencies against which it is possible to take out insurance, because objective long-run probability distributions concerning all possible outcomes are known and predictable. We know nothing about an individual outcome, but we know everything about the whole class of events, and we are certain about the future. Insofar as man faces a risky future, then, he does not need to hold cash. To satisfy his desire to be protected against risk, he can buy or produce insurance. The sum of money that he spends on insurance is an indication of the height of his aversion to risk. Insurance premiums are money spent, not held, and are as such invested in the physical production structure of producer and consumer goods. The payment of insurance reflects a man's subjectively felt certainty concerning (predictable) future contingencies (risks). In distinct contrast, insofar as man faces uncertainty he is, quite literally, not certain concerning future contingencies, i.e., as to what he might want or need and when. In order to be protected against unpredictable contingencies at unpredictable moments, he cannot invest in producer goods (as in the case of risk insurance); for such investments would reflect his certainty concerning particular future needs. Only present, instantly serviceable goods can protect against unpredictable contingencies (uncertainty). Nor does a man want to invest in consumer goods for uncertainty protection. For an investment in consumer goods, too, is an expression of certainty concerning specific momentary or immediately impending wants. Only money, on account of its instant and unspecific wide-ranging salability, can protect him against uncertainty. Thus, just as insurance premiums are the price paid for protection against risk aversion, so cash holdings are the price paid for protection against uncertainty aversion. To the extent that a man feels certain regarding his future needs, he will invest in consumer or producer goods. To invest in money balances is to invest neither in consumer goods nor producer goods. Unlike consumer and producer goods, which are used up in consumption or production, money is neither used up through its use as a medium of exchange nor transformed into another commodity. To invest in cash balances means, "I am uncertain about my present and future needs and believe that a balance of the most easily and widely saleable good on hand will best prepare me to meet my as-of-yet unknown needs at as-of-yet unknown times." If a person then adds to his cash balance, he does so because he is confronted with a situation of (subjectively perceived) increased uncertainty regarding his future. The addition to his cash balance represents an investment in presently felt certainty vis-à-vis a future perceived as less certain. In order to add to his cash balance, a person must restrict his purchases or increase his sales of nonmoney goods (producer or consumer goods). In either case, the outcome is an immediate fall in certain nonmoney goods' prices. As the result of restricting his purchases of x, y, or z, the money price of x, y, or z will be lowered (as compared to what it would have been otherwise), and likewise, by increasing his sales of a, b, or c, their prices will fall. The actor thus accomplishes exactly and immediately what he wants. He commands a larger (nominal and real) cash balance and is better prepared for an increasingly uncertain future. The marginal utility of the added cash is higher than (ranks above) the marginal utility of the nonmoney goods sold or unbought. He is better off with more cash on hand and less nonmoney goods, otherwise he would not have reallocated his assets in this way. There is more investment in the removal of perceived uncertainty, and there is less investment in needs, present or future, considered as certain. The situation does not change if there is a general increase in the demand for money, i.e., if all or most people try to increase their cash holdings, in response to heightened uncertainty. With the total quantity of money given, the average size of cash holdings cannot increase, of course. Nor is the total quantity of producer and consumer goods that make up the physical production structure affected by a general increase in the demand for money. It remains unchanged. In generally striving to increase the size of their cash holdings, however, the money prices of nonmoney goods will be bid down, and the purchasing power per unit money will correspondingly rise. Thus, the (increased) demand for and the (given) supply of money are equilibrated again, but at a higher purchasing power per unit money and lower prices of nonmoney goods. That is, even if nominal cash balances cannot rise as a result of a general increase in the demand for money, the real value of cash balances can; and it is this increase in the value of real cash balances that brings about precisely and immediately the effect desired: being better prepared for a future deemed as less certain. No one cares about the nominal number of money units in his possession. Rather, people want to keep cash with a definite amount of purchasing power on hand. If the purchasing power per unit money increases as the result of an increased demand for cash holdings, each unit of money confronted with an array of generally lower nonmoney goods prices can do a better job in affording its owner protection against uncertainty. This shall suffice as my attempt to provide a positive demonstration of the unique productivity of cash holdings as "yielders of certainty" in an uncertain world. Only a brief additional comment concerning the present, unprecedentedly severe economic crisis and the consequences that our theoretical considerations imply for its solution seems to be in order. I shall say nothing here about the cause of the present crisis, except that I consider it another, spectacular vindication of the so-called Austrian — or "Mises-Hayek" — business-cycle theory. In any case, the crisis has led to heightened uncertainty. People want more certainty vis-à-vis a future considered far less certain than before. Accordingly, their demand for cash increases. With the quantity of money given, the higher demand for money can be satisfied only by bidding down nonmoney goods' prices. Consequently, as the overall "level" of prices falls, the purchasing power per unit money correspondingly rises. Each unit of money is productive now of more certainty, and the desired level of uncertainty protection is restored. The crisis is ended. The solution to the crisis suggested instead by most economists and pundits and officially adopted by governments everywhere is entirely different. It is motivated by the here-criticized, fundamentally flawed doctrine that money held in or added to cash balances is money unproductively withheld from production and consumption. The additions to their cash holdings that people want to bring about are thus interpreted, wrongly, as a diminution of human welfare. Accordingly, huge efforts are now undertaken to increase the amount of spending. But this stands at cross purpose to the general public's needs and desires: in order to be better protected against heightened perceived uncertainty, prices must fall and the purchasing power of money must rise. Yet with an influx of additional, newly created money, prices will be higher and the purchasing power per unit money will be lower than otherwise. Thus, as the result of the current monetary policy, the restoration of the desired level of uncertainty protection will be delayed and the crisis prolonged. [Franz Cuhel Memorial Lecture, Prague, April 24, 2009] 1.William H. Hutt, "The Yield from Money Held," in: Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises, ed. M. Sennholz, Chicago: Van Nostrand, 1956, pp. 196-216. 2.John Maynard Keynes, The General Theory of Employment, Interest, and Money, New York: Harcourt, Brace, and World, 1964, p. 210. 3.Roger Garrison, "Central Banking, Free Banking, and Financial Crises," Review of Austrian Economics 9, no.2, 1996, p. 117; George Selgin and Lawrence White, "In Defense of Fiduciary Media," Review of Austrian Economics 9, no. 2, 1996, p. 100/01. 4.For a detailed critique of Keynes see Hans-Hermann Hoppe, "Theory of Employment, Money, Interest, and the Capitalist Process: The Misesian Case Against Keynes"; for a detailed critique of the free banking doctrine see idem, "How is Fiat Money Possible?" Review of Austrian Economics 7, no. 2, 1994 and idem, "Against Fiduciary Media," Quarterly Journal of Austrian Economics 1, no.1, 1998. 5.Ludwig von Mises, Human Action, Chicago: Regnery, 1966, p. 249. 6.Ludwig von Mises, Theory of Money and Credit, Irvington, N.Y.: Foundation for Economic Education, 1971, pp. 32–33. 7.Frank H. Knight, Risk, Uncertainty and Profit, Chicago: University of Chicago Press, 1971; Ludwig von Mises, Human Action, chap. VI.

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How Bitcoin and VoIP Can Foster Anonymous Communications https://zorya.pages.dev/how-bitcoin-and-voip-can-foster-anonymous-communications/

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https://archive.ph/roOIN

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https://zorya.pages.dev/using-esp32-boards-for-low-cost-bitcoin-payment-terminals/ ESP-32 For Low-cost Bitcoin Payments Environments Testing and teaching mining, understanding scale of mining equipment

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https://youtu.be/cxvWQDJCo6I

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https://youtu.be/3-IVGu5xXAI

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https://youtu.be/UyPnhOpngRA

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Bruce Almighty's God grants him all his powers with only two rules: Don't reveal his identity as God. Don't interfere with free will.

@ d34e832d:383f78d0

https://youtu.be/6et2ZSodS0g

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can't tell you what to do, only where to look

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https://youtu.be/nRl664UFXlM

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https://www.youtube.com/watch?v=SJoiLbL3jb0

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Материнська туга.

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Материнський біль.

@ d34e832d:383f78d0

https://youtu.be/r00rPN38__E

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HAVEN High Availability Vault For Events on Nostr (Relay Vault) https://zorya.pages.dev/haven-high-availability-vault-for-events-on-nostr/

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Beefy Lightning Node 2TB NVME

@ d34e832d:383f78d0

https://zorya.pages.dev/combining-bitcoin-lightning-with-tor-bridges-for-ultimate-privacy/ How some level of Privacy is attainable using bitcoin

@ d34e832d:383f78d0

nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyw8wumn8ghj7mn0wd68ytfsxyh8jcttd95x7mnwv5hxxmmdqqszpxr0hql8whvk6xyv5hya7yxwd4snur4hu4mg5rctz2ehekkzrvcsuxfmc natively supports GoAT diagrams with an embedded code block render hook.

@ d34e832d:383f78d0

https://zorya.pages.dev/why-update-node-documentation/ My thoughts on Keeping A Changelog For Node Maintenance

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harden servers for qtox

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So hungry right now, stomach is making noises i never heard

@ d34e832d:383f78d0

One day there will be schools and education platforms on Nostr using Bitcoin

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bear cms is amazing

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wish i had food to eat

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I shouldn't exist, and doubt I'm even alive

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I made a similiar mistake, dont hesitate to start over,it happens

@ d34e832d:383f78d0

travelling to tulum in august them maybe canada

@ d34e832d:383f78d0

https://zorya.pages.dev/bitcoin-for-emergency-communication-networks-in-conflict-zones/ How using Privacy as Freedom and Bitcoin awareness can end global conflict.

@ d34e832d:383f78d0

Damus urge everyone to purge list and put in work to build their new one there was a good article on this but I lost it

@ d34e832d:383f78d0

https://zorya.pages.dev/voip-enabled-bitcoin-exchanges-a-new-way-to-trade/ I've been dreaming of being able to have A Google Pixel with Silent.Link to run over Robosats. Here are some Ideas around it.

@ d34e832d:383f78d0

Caste will never be the same thing as Race

@ d34e832d:383f78d0

Why do some Brahmins love social media these days? Because now they can gatekeep “knowledge” with hashtags instead of caste lines.

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Why did the Brahmin wash his hands ten times after a Dalit touched his pen? Because touching ink made him feel impure, but centuries of oppression didn’t bother him at all.

@ d34e832d:383f78d0

**The Ecash Stack:** The origins, design, and historical journey of eCash—a revolutionary concept introduced by David Chaum in 1982. ECash influenced the decentralized financial technologies we use today. https://memos.eshgham.one/m/HQ3AvjLWvBq4QfDnQSTofB

@ d34e832d:383f78d0

**Spent The Last Few Hours Building Out New Relays**: *Hi! ⚡ this guide is about setting up HAVEN, the ultimate personal relay for the Nostr protocol. This post walks newcomers through creating a secure, high-availability vault for private messages, drafts, and media storage and Ecash. Whether you're curious about decentralized communication, protecting sensitive data, or optimizing your relay setup with advanced features like a web of trust, cloud backups, and media hosting, this step-by-step tutorial will help you get started. Intended as a read for Linux enthusiasts and system administrators, this is my version of how I understand the repo, which ensures you can build a robust, sovereign relay with ease. Dive in to empower your Nostr experience!* https://memos.eshgham.one/m/bd8bkYUuBYAJoeYM4rmrHy

@ d34e832d:383f78d0

nostr:nprofile1qyqqzrthwden5te0dehhxtnvdakqz8rhwden5te0dehhxarj9e3xjarrda5kuetj9eek7cmfv9kqzynhwden5te0danxvcmgv95kutnsw43qz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpq86ygyn6x8t0dmcrgw8ewqh49yad0c9caj5u7c3p09n4yl9ydzums7mqrsk This makes everything better nostr:naddr1qvzqqqr4gupzqd0n5fkdrem445td4kxv368f6jp9nlyvk33rp0ykv0ypy7fdmu33qqxnzdenxu6nwd3c8qurqwf4wu900h

@ d34e832d:383f78d0

no matter what i do ill never get a zap or like using primal

@ d34e832d:383f78d0

nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft olas has no plaster for lightning and the camera on phone is broken. Search and video feed crash app for me

@ d34e832d:383f78d0

Blossom is the most beautiful protocol Budding servers can act as storage hubs with bitcoin as base layer for storage. 8000 sats a blossom bud https://github.com/hzrd149/blossom

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eMansipater. (2013, May 23). Re: A Guide to Bitcoin Transaction Priority. Bitcoin Stack Exchange. https://bitcoin.stackexchange.com/questions/15490#16572

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Andrychowicz, M. (2013, April 1). How Bitcoin will change society. Oleganza Blog. https://blog.oleganza.com/post/46894057432/how-bitcoin-will-change-society

@ d34e832d:383f78d0

Back, A. (2015, August 17). Re: [bitcoin-dev] Block size, technical merit, and trade-offs. Bitcoin-dev Mailing List. https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010473.html

@ d34e832d:383f78d0

Maxwell, G. (2022, July 5). [bitcoin-dev] SIGHASH_NOINPUT and forward security. Bitcoin-dev Mailing List. https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-July/020685.html

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Eagle's Stern

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{ "event": "hal_finney_quote", "data": { "quote": "Bitcoin seems to be a very promising idea. I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail. – Hal Finney", } }

@ d34e832d:383f78d0

🌿 𝕄𝕚𝕥𝕙𝕣𝕚𝕝 𝕊𝕥𝕒𝕔𝕜: 𝔸 𝕎𝕖𝕒𝕧𝕖𝕣 𝕠𝕗 𝔹𝕚𝕡 𝟠𝟝 🌿

@ d34e832d:383f78d0

A reference implementation for BIP-0012 is available on GitHub, providing a practical framework for developers to integrate this enhancement into their Bitcoin implementations. https://github.com/petertodd/bips/wiki/bip-0012

@ d34e832d:383f78d0

Surprisingly, OP_EVAL maintains compatibility with old clients and miners by redefining the OP_NOP1 opcode. This ensures that standard OP_EVAL transactions validate correctly, even with legacy implementations. Careful handling of backward compatibility issues is crucial to prevent blockchain splits and ensure the smooth adoption of this enhancement. #AdoptIt

@ d34e832d:383f78d0

"end-to-end" secure wallets and payments, particularly for funding escrow transactions or other complex transactions.

@ d34e832d:383f78d0

OP_EVAL

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{ "races": { "Elvish": "Ash nazg durbatulûk, ash nazg gimbatul, ash nazg thrakatulûk agh burzum-ishi krimpatul.", "Dwarvish": "Ash burzum-ishi krimpatul.", "Hobbitish": "In the land of Mordor where the shadows lie." } }

@ d34e832d:383f78d0

https://lconf.gandlaf.com/ Best Deck https://youtu.be/UNjVc-WYdgE

@ d34e832d:383f78d0

nostr:npub1mz3vx0ew9le6n48l9f2e8u745k0fzel6thksv0gwfxy3wanprcxq79mymx Is PlebAI still around?

@ d34e832d:383f78d0

https://youtu.be/2NV2tInVHuA

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https://youtu.be/kf--Yx8bEK0 -Bitcoin: commodity or currency? -Bitcoin: store of value? -Bitcoin: medium of exchange? -Money's definition -Currency's definition -Bitcoin's marketability -Money's social construction Bitcoin: currency or commodity? Bitcoin's Nature: Commodity, Currency, or Both? The speaker argues Bitcoin can be simultaneously a commodity (due to its decentralized production and liquid market) and a currency (as the most marketable commodity, aligning with Austrian economic theory). The distinction between currency and money is blurry, especially outside a gold standard; currency is viewed as a denomination of money, while money is the most widely accepted medium of exchange. Commodity Definition and Bitcoin: The speaker defines a commodity as something produced by anyone and sold in a liquid market without central authority control, contrasting it with securities. This definition fits Bitcoin, unlike many "shitcoins" with centralized control over supply. Marketability and Money Emergence: Austrian economists' theories on money's emergence emphasize marketability, linked to a low supply growth rate (stock-to-flow ratio). Bitcoin's low supply growth rate contributes to its marketability and potential as money. Mises and Menger's theories are criticized for omitting the importance of this supply growth rate. Medium of Exchange vs. Store of Value: The speaker argues that a good store of value is inherently a good medium of exchange because its value preservation leads to larger cash balances, increasing its usability in transactions. Bitcoin's success hinges on its function as a store of value. Money is Not a Social Construct: The speaker refutes the idea that money is a social construct or hallucination. Instead, money's function (as both a store of value and a medium of exchange) is tied to inherent properties, including a limited supply and resistance to inflation. This is compared to airplanes: a tomato cannot be an airplane even with social agreement, similarly, anything easily inflated cannot effectively function as money. Bitcoin's Future: The speaker envisions Bitcoin becoming a widely accepted money, possibly with various denominations ("currencies") emerging on top of it. While some (like Michael Saylor) view it primarily as a store of value, the speaker sees its potential for broader use as a medium of exchange. Political Implications: The speaker acknowledges the current dominance of fiat currencies and the potential for governments to influence definitions. However, they believe Bitcoin's inherent properties and decentralized nature will ultimately drive its adoption as money, regardless of official definitions or popular misconceptions.

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https://www.youtube.com/watch?v=6tzCLydAN3c https://www.youtube.com/watch?v=6tzCLydAN3c -Bitcoin wallets -Hardware wallets -Desktop wallets -Multisig wallets -Merchant tools -Bitcoin privacy -Running a node Top Bitcoin wallets and tools for 2025. Mobile Bitcoin Wallets: Aqua Wallet: A hybrid wallet offering simplicity, versatility, and support for on-chain Bitcoin, Lightning Network, and Liquid Network transactions. It features "savings" and "spending" accounts for different transaction needs and allows stablecoin (Tether) usage. Phoenix Wallet: A full self-custodial Lightning wallet with seamless on-chain and Lightning payment handling, automatic channel management, and easy channel scaling. May require a VPN for US users due to app store removal. Desktop Bitcoin Wallets: Sparrow Wallet: A versatile desktop wallet ideal for managing on-chain Bitcoin alongside hardware wallets. It offers features for multisig setups, hot wallets, and hardware wallet integration, but can have a steep initial learning curve. Hardware Wallets: Tap Signer: A low-cost, NFC-enabled card offering added security for mobile wallets. Requires a PIN and physical tap for transactions, enhancing security against phone theft. Coldcard Mk IV: A highly secure, versatile hardware wallet with dual secure elements, anti-phishing mechanisms, and various interface options (direct connection, SD card, NFC, QR codes). Ideal for long-term savings and larger amounts. Multisig Solutions: Nunchuk: A mobile-first multisig option with options for self-sovereign or assisted multisig setups. Prioritizes privacy and requires no personal information for signup. Offers features like threshold limits, notifications, and automated inheritance. Unchained: A user-friendly web interface for assisted multisig, supporting Coldcard, Trezor, and Ledger hardware wallets. Emphasizes ease of setup, export, and inheritance features. Offers more of a traditional institutional feel. Merchant Tools: Zaprite: An easy-to-use payment gateway supporting on-chain, Lightning, and Liquid payments, along with fiat options. Offers invoicing, payment links, tip pages, and point-of-sale functionalities, with extensive wallet and payment portal integrations. BTCPay Server (mentioned as alternative): A more self-sovereign option but requires more technical expertise to set up. Bitcoin Privacy Tools: Wasabi Wallet: A self-custodial wallet with a simple coinjoin functionality, allowing users to choose their own coinjoin coordinator for increased privacy. Note: Privacy is not absolute and this is one tool among many that can be used to enhance privacy. Running a Bitcoin Node: Start9 Labs: An open-source, resilient node implementation with a user-friendly app store and the ability to integrate external app marketplaces for enhanced censorship resistance. Offers plug-and-play devices or DIY options. Self-Hosted Lightning Tool: Alby Hub: A user-friendly interface for setting up and managing a lightning node, simplifying channel creation, channel scaling, lightning address generation, and remote access. Supports integration with various wallets. Nostr App: Primal: A user-friendly Nostr app with a built-in lightning wallet, offering a simple onboarding experience and optional premium features. Allows easy connection to external lightning wallets.

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https://youtu.be/gLHsMC7aJj4 Blockstream Jade Plus: Setup, Honest Review Hardware Wallet Upgrade: The Blockstream Jade Plus offers significant improvements over its predecessor, including a larger screen, enhanced camera, and a more robust metal casing. Open-Source Security: Unlike many hardware wallets that rely on proprietary secure elements, the Jade Plus utilizes a "blind oracle" system, making it fully open-source while maintaining high security. This means the device's code is publicly auditable, and a physical attacker cannot extract the seed phrase or private key from the device alone. Advanced Security Features: The Jade Plus incorporates anti-XSS technology, protecting against sophisticated attacks like the Dark Skippy vulnerability. Air-Gapped Transactions: The improved camera facilitates smooth and easy air-gapped transactions using QR codes, simplifying the process of interacting with companion apps. Companion App Integration: The Jade Plus works seamlessly with various companion apps, such as Blockstream Green and Sparrow Wallet, allowing users to manage their Bitcoin on the broader network while keeping their private keys safely offline. Setup and Usage: The tutorial demonstrates the complete setup process, including seed phrase generation, pairing with a companion app (Sparrow Wallet in this case), receiving, and sending Bitcoin. Security Best Practices: The review emphasizes the importance of securely storing the seed phrase and using strong passwords for companion apps. It also highlights the option of setting a duress PIN to protect against forced disclosure of funds. Factory Reset and Seed Recovery: The video explains the process of factory resetting the device and recovering the wallet using the seed phrase, demonstrating a crucial aspect of self-custody.

@ d34e832d:383f78d0

Nutstash https://www.nutstash.app/ Clear balance daily

@ d34e832d:383f78d0

Try something with BDK wallet on IOS

@ d34e832d:383f78d0

nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3yamnwvaz7tmsw4e8qmr9wpskwtn9wvq3gamnwvaz7tmjv4kxz7fwv3sk6atn9e5k7qgkwaehxw309aex2mrp0yhxummnw3ezucnpdejqz9nhwden5te0wfjkccte9ec8y6tdv9kzumn9wsqzp4sl80zm866yqrha4esknfwp0j4lxfrt29pkrh5nnnj2rgx6dm622d3ttr wallet on desktop

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Miss Monique is a whole mood

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https://youtu.be/d8Awtl8WMUs

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https://archive.org/download/Los_Gigantes_Del_Vallenato_Aventura/Los%20Gigantes%20Del%20Vallenato_Aventura.mp4

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https://archive.org/download/Korn_Hold_On/Korn_Hold%20On.mp4

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https://archive.org/download/Judas_Priest_War__/Judas%20Priest_War%20%20.mp4

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https://archive.org/download/Joaquin_Michelle/Joaquin_Michelle.mp4

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https://archive.org/download/Jacks_Mannequin_Mixed_Tape__The/Jacks%20Mannequin_Mixed%20Tape_%20The.mp4

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https://archive.org/download/Tegan_And_Sara_I_Hear_Noises/Tegan%20And%20Sara_I%20Hear%20Noises.mp4

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https://archive.org/download/Regina_Spektor_Fidelity/Regina%20Spektor_Fidelity.mp4

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https://archive.org/download/Micachu_Turn_Me_Well/Micachu_Turn%20Me%20Well.mp4

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https://archive.org/download/Janelle_Monae_Cold_War/Janelle%20Monae_Cold%20War.mp4

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https://archive.org/download/Eve_6_Inside_Out/Eve%206_Inside%20Out.mp4

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Blur_Shes_So_High

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https://archive.org/download/Eagle-Eye_Cherry_Save_Tonight/Eagle-Eye%20Cherry_Save%20Tonight.mp4

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Speak like charlie chaplin

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https://archive.org/download/CIBERCULTURAL-MidniteCuritiba22008570-3/CIBERCULTURAL-MidniteCuritiba22008570.mp4

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https://archive.org/download/CIBERCULTURAL-MidniteCuritiba2008323/CIBERCULTURAL-MidniteCuritiba2008323.mp4

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rich man poor man beggar man thief https://www.youtube.com/watch?v=-2rCLbL7SFM

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https://archive.org/download/Worldbeat-MidniteConcertInterview977-2/Worldbeat-MidniteConcertInterview601_512kb.mp4

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T’chuwa Nkora-Kibali

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https://archive.org/download/TheSearchforSatan/Frontline.S13E16.The.Search.for.Satan.1995.VHSRip.AAC2.0.x264-rattera.mp4 The Search for Satan