@ 2cde0e02:180a96b9

pen; monochromized

The Heart and Stomach operate within the same neurological pathway. Desire displays itself as hunger because that's our animal way of understanding it. When the heart is deprived, the stomach compensates but never satiates. However when the love ❤️ desire is fulfilled, hunger ceases; and the nervous system regulates. There is no overeating when the system is in balance.

Likewise, an oxytocin surge dominates the dopamine pathway. But when love is ill, it is the dopamine hit that becomes the substitute. Gambling, sugar, smoking, money, and alcohol give short term relieve for the unavailable love and deprivation of the heart.

https://stacker.news/items/1002414

@ 8bad92c3:ca714aa5

Key Takeaways

In this episode of TFTC, Jessy Gilger, Managing Partner at Sound Advisory and architect of Ganet Trust, unpacks the complexities of retiring on Bitcoin, emphasizing that the “right” amount depends on spending habits, age, and minimizing withdrawal pressure. He introduces Ganet Trust as a Bitcoin-native fiduciary solution that leverages multisig custody to meet institutional compliance standards without sacrificing decentralization. Jessy also critiques high-yield derivative products like MSTY, warning of systemic risks and advocating for safer alternatives like SMAs. The conversation broadens into the emotional pitfalls of financial decision-making, the importance of aligning wealth with values, and the evolving macro landscape where Bitcoin’s intersection with traditional finance and tax policy will shape how individuals and institutions protect and grow their holdings across generations.

Best Quotes

"The most comfort comes from putting as little pressure as possible against that stack."

"Multisig is the upgrade from a honeypot to a distributed key setup."

"If a whale pees in the pool, everyone is affected."

"Everyone feels late to Bitcoin because they know someone who got in earlier."

"Stacking Saturdays is my new stack sats."

"Bitcoin doesn’t know about trust, it knows private keys."

"The money is there to serve your values—not the other way around."

"Some financial products will help, some will hurt, and some will fail. Our job is to help clients navigate them safely."

Conclusion

This episode offers a powerful blend of practical insight and philosophical reflection on long-term Bitcoin strategy, emphasizing the need for sound custody, inheritance planning, and emotional discipline in a volatile, financialized world. Jessy Gilger introduces Ganet Trust as a vital solution for secure, compliant Bitcoin ownership, while his “stacking Saturdays” mantra reframes wealth as a pursuit of time, freedom, and meaningful priorities. As Bitcoin moves further into the mainstream, the conversation urges listeners to stay grounded, think generationally, and build resilient systems for both assets and life.

Timestamps

00:00 - Intro
0:33 - Bitcoin Retirement Planning at New All-Time Highs
5:22 - How Gannett Trust Works
10:05 - High Net Worth Bitcoin Storage and Estate Planning Solutions
16:48 - MSTY Derivatives: Understanding MicroStrategy Product Risks
19:53 - Bitkey
20:56 - How MSTY Works and the Whale in the Pool Problem
30:16 - Unchained
30:37 - Bitcoin Financialization and Corporate Treasury Strategy
39:35 - Avoiding Ego-Driven Bitcoin Mistakes and Building Bridges
47:33 - Stack Saturdays
53:15 - Tax Policy Changes and Wild Times Ahead
57:18 - Where to Find Gannett Trust and Closing

Transcript

(00:00) We have people retiring with hundreds of Bitcoin. Do you need to be on a yacht every week or are you staying humble and keeping those stats? 10 of the 12 ETFs are at Coinbase means all the keys are at Coinbase and with the news of the last week like, hey, there could be cracks. Micro Strategy is built on Bitcoin.
(00:18) It's got all of the risks of Bitcoin, right? But then it's got its own set of risks. Let's call them Sailor and Profitability. Then you have derivatives which are on top of Micro Strategy and they retain the risks of everything underneath. meeting on a on a day when we hit new all-time highs. Bitcoin approached $110,000.
(00:43) Got Jesse back on the show to talk about many things, not just the price ripping. A lot of good things happening on the unch unchained side of things. Watching Ganet Trust. We'll get into it. Yeah, lot lots of stuff happening. I think um the price likes Ganet. I I think that's the uh the mover. What uh I mean that's been a big discussion in in the space right now is uh are we heading to new all-time highs? How should Bitcoiners be preparing? How much Bitcoin do people need to retire? How how are you thinking about all this as we approach what seems
(01:22) to be another bull cycle? Yeah, that's a common question, right? How much Bitcoin do I need to retire? I get it a lot and there's so many other questions I want to ask like, well, how much money are you spending, right? Do you do you need to be on a yacht every week or are you staying humble and keeping those stats? And so, the amount of Bitcoin can vary because the spending pressure you're putting against your Bitcoin stack is the the biggest factor, right? And age is probably the second.
(01:54) a 30-year-old retiring on Bitcoin is different than a 75year-old retiring on Bitcoin just because of the horizon. So, stacks vary. We've got people retiring with um less than seven figures of Bitcoin because they have other assets and then we have people retiring with hundreds of Bitcoin um and putting very little pressure against that portfolio.
(02:16) So, can go in a lot of different ways. Um but it is a question of the day as you're poking new all-time highs. Everyone's like, "Well, how high is it going to get?" And then huge question is do we have cycles again right if countries are buying what what would a downside look like and that's the big question in the retirees mind is how do I protect and not ride that downside all the way down if we do have another 70 80% drawback. Yeah. No.
(02:42) And I think particularly for younger people having in their mind like the perspective of 21 million Bitcoin, 8 billion people, what's the stat? 60 million millionaires in the world. Mhm. How much how many stats do I need to get to to feel comfortable that I have a sufficient slice of the Bitcoin pie? That feel comfortable concept is just so different, right? because Bitcoin is moving and shaking and all-time highs or down 30% and that's still within a bull market.
(03:15) Is that comfortable, right? Can you actually hang it up and like, all right, not going into work and I'm just going to continue to ride these adoption cycles. I don't know if it ever gets comfortable. The most comfort comes from putting as little pressure as possible against that stack, right? that you're not pushing these withdrawal rates of like 5 10 20% of my Bitcoin stack.
(03:38) I'm needing to live on every because then you're requiring Bitcoin to do something for you in the short term which is just not great at, right? What what's Bitcoin price going to be in a year? Far less reliable than what's Bitcoin price going to be in 30 years. Yeah. Yeah. Yeah. Well, I I think one of the holdups too is the ability for people to get into Bitcoin and know where to put it and not only have certainty of what it will be valued at in 30 years, but will they have access to it? That's one thing that you guys
(04:10) have been very much focused. I know sound advisory is separate from Unchained technically but within the Unchained umbrella but Unchained focused on helping secure individuals and businesses and trust uh Bitcoin and I think today's announcement of Ganet Trust is a massive step in a direction towards more certainty for long-term holdings for particular entities.
(04:36) Yes, the unchained umbrella or or family of companies is growing and the intention will be for sound advisory to tuck under or be merged into folded into Ganet Trust Company as it gets stood up. But it is the most robust uh compliance offering that um is out there in the fiduciary space. And so that in my opinion was the one thing missing as people want to live on a Bitcoin standard.
(05:04) Sometimes they're in an entity or an organization or have a structure that requires a fiduciary standard. And these two coming together is solved by Ganet Trust Company. So it's going to be the most robust way to hold Bitcoin and have like true inheritance that can be um administered through generations. So how how does this work mechanically via Ganet? Mechanically.
(05:28) So as the first Bitcoin native trust company, other other trust companies do exist, right? but they don't build upon Bitcoin in the way that Unchained has. So Ganet in its um in its Unchained roots and using Unchained technology is going to be able to use multi-IG to achieve um trust company goals.
(05:50) And what that likely will mean is Ganet holding a key, Unchained holding a key, third party holding a key. Those three keys together ensure that the Bitcoin is not being held at any one spot, right? We could get into the Coinbase honeypot. We actually talked about this on our last episode like, "Hey, what do you think is the uh the risk out there that the industry might disagree with?" Said, "I'm launching a new segment.
(06:15) I'm going to ask you a prediction of what what's out there that the uh the industry doesn't see eye to eye with you at." And I was at conferences and they're saying, "Hey, Coinbase is the best. That's where we put all the cut." That means all the keys are at Coinbase and with the news of the last week like, hey, there could be cracks, right? If you've got exposure to Coinbase now, you could be questioning. I was on the list.
(06:37) I got the email. You were affected. That's not great. It doesn't feel good knowing that information that information could have been a lot worse. That headline could have been private keys being mismanaged. When you overlay what Ganet is going to offer to the custody space, it means that not all of the keys are going to be at any one entity.
(07:00) And so that gives the Bitcoiner who understands multisig the confidence that okay, I'm upgrading from a honeypot to a distributed key setup. But it has to be done in a fiduciary and compliant way to satisfy the the institutional and big money of the world, right? family offices, uh, Bitcoin treasury companies, they're going to need a structure that the CIO, the

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In a massive vote of confidence for a new bitcoin-focused company, Tether and Bitfinex have moved over 37,000 BTC—worth $3.9 billion—to digital treasury firm Twenty One Capital. This is one of the largest Bitcoin transactions in recent history.

The announcement came from Paolo Ardoino, CEO of Tether and CTO of Bitfinex, through multiple posts on X. According to Ardoino, the transfers were part of a pre-funding round for the launch of Twenty One Capital, a new company that will lead the bitcoin treasury space.

Ardoino announced several transfers on X — Sources 1, 2, 3, 4, and 5

“Tether Group is moving 10,500 BTC to address bc1qpzt4m58zzqgp84ktyuj5tz8g8k8ssg2g2d5eeerwhx4gxulqq5mqjzm5gc as part of the pre-funding of SoftBank’s investment in Twenty One Capital (XXI)” Ardoino said.

Twenty One Capital is a new bitcoin treasury firm led by Jack Mallers, CEO of Strike and founder of Zap. The company is backed by Tether, Bitfinex, SoftBank and Cantor Fitzgerald.

The company will go public via a SPAC merger with Cantor Equity Partners (CEP) and will trade under the ticker XXI on Nasdaq. After the merger was announced CEP’s stock price skyrocketed from $11 to $59.75.

Cantor Equity Partners’ stock price jumped on news of the merger — TradingView

Mallers says the company’s mission is bold and clear: accumulate bitcoin and provide full transparency through public wallet disclosures, also known as providing “proof-of-reserves“.

Total bitcoin moved to Twenty One Capital so far include:

• 10,500 BTC from Tether on behalf of SoftBank (worth about $1.1 billion)
• 19,729.69 BTC from Tether (worth around $2 billion)
• 7,000 BTC from Bitfinex (valued at roughly $740 million)

The amounts sum up to 37,229.69 BTC, worth around $3.9 billion at current prices. These were verified on public blockchain explorers.

The Twenty One Capital wallets now show large balances. They have already confirmed they have 31,500 BTC. That makes them the 3rd largest corporate bitcoin holder behind Strategy and Marathon Digital Holdings.

Once these new transfers are confirmed, the company will take over Marathon to become the second-largest corporate holder of the scarce digital asset globally.

Related: Twenty One Capital Becomes 3rd-Largest Corporate Holder of Bitcoin

Unlike companies that add bitcoin to their balance sheet, Twenty One Capital exists solely to accumulate and manage bitcoin. It follows a model similar to Strategy but is more transparent.

Mallers introduced new financial metrics like Bitcoin Per Share (BPS) and Bitcoin Return Rate (BRR) to value the company in bitcoin terms, not fiat.

He thinks economic value in the future will not be measured in dollars but in satoshis—the smallest unit of bitcoin. The company is not just about guarding against fiat collapse, but about completely opting out of the system.

A key part of the firm’s strategy is proof of reserves. Unlike some other big bitcoin holders, Twenty One Capital has already published its public wallet addresses so anyone can verify its holdings in real time.

Ardoino called this approach “Bitcoin Treasury Transparency (BTT)” and said it’s a response to recent industry scandals that showed the dangers of financial opacity in digital assets.

Mallers added openness is the only way to build long-term trust in a bitcoin-native financial system.

Twenty One Capital wants to reshape financial infrastructure, build native bitcoin lending models and promote global Bitcoin adoption.

@ b1ddb4d7:471244e7

Jason Lowery’s thesis, Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, reframes bitcoin not merely as digital cash but as a transformative security technology with profound implications for investors and nation-states alike.

For centuries, craft brewers understood that true innovation balanced tradition with experimentation—a delicate dance between established techniques and bold new flavors.

Much like the craft beer revolution reshaped a global industry, bitcoin represents a fundamental recalibration of how humans organize value and project power in the digital age.

The Antler in the Digital Forest: Power Projection

Lowery, a U.S. Space Force officer and MIT scholar, anchors his Softwar theory in a biological metaphor: Bitcoin as humanity’s “digital antler.” In nature, antlers allow animals like deer to compete for resources through non-lethal contests—sparring matches where power is demonstrated without fatal consequences. This contrasts sharply with wolves, who must resort to violent, potentially deadly fights to establish hierarchy.

The Human Power Dilemma: Historically, humans projected power and settled resource disputes through physical force—wars, seizures, or coercive control of assets. Even modern financial systems rely on abstract power structures: court orders, bank freezes, or government sanctions enforced by legal threat rather than immediate physical reality.

Lowery argues this creates inherent fragility: abstract systems can collapse when met with superior physical force (e.g., invasions, revolutions). Nature only respects physical power.

Bitcoin’s Physical Power Engine: Bitcoin introduces a novel solution through its proof-of-work consensus mechanism. Miners compete to solve computationally intense cryptographic puzzles, expending real-world energy (megawatts) to validate transactions and secure the network.

This process converts electricity—a tangible, physical resource—into digital security and immutable property rights. Winning a “block” is like winning a sparring match: it consumes significant resources (energy/cost) but is non-destructive.

The miner gains the right to write the next page of the ledger and collect rewards, but no participant is physically harmed, and no external infrastructure is destroyed.

Table: Traditional vs. Bitcoin-Based Power Systems

Power System

Mechanism

Key Vulnerability

Resource Cost

Traditional (Fiat/Banking)

Legal abstraction, threat of state force

Centralized points of failure, corruption, political change

Low immediate cost, high systemic risk

Military/Economic Coercion

Physical force, sanctions

Escalation, collateral damage, moral hazard

Very high (lives, capital, instability)

Bitcoin (Proof-of-Work)

Competition via energy expenditure

High energy cost, concentration risk (mining)

High energy cost, low systemic risk

Softwar Theory National Strategic Imperative: Governments Are Taking Notice

Lowery’s Softwar Theory has moved beyond academia into the corridors of power, shaping U.S. national strategy:

1. The Strategic Bitcoin Reserve: Vice President JD Vance recently framed bitcoin as an instrument projecting American values—”innovation, entrepreneurship, freedom, and lack of censorship”. State legislation is now underway to implement this reserve, preventing easy reversal by future administrations.
2. Regulatory Transformation: The SEC is shifting from an “enforcement-first” stance under previous leadership. New initiatives include:
   • Repealing Staff Accounting Bulletin 121 (SAB 121), which discouraged banks from custodying digital currency by forcing unfavorable balance sheet treatment.
   • Creating the Cyber and Emerging Technologies Unit (CETU) to develop clearer crypto registration/disclosure rules.

The Investor’s Lens: Scarcity, Security, and Asymmetric Opportunity

For investors, understanding “Softwar” validates bitcoin’s unique value proposition beyond price speculation:

• Digital Scarcity as Strategic Depth: Bitcoin’s fixed supply of 21 million makes it the only digital asset with truly inelastic supply, a programmed scarcity immune to political whims or central bank printing.

  This “scarcity imperative” acts as a natural antidote to global fiat debasement. As central banks expanded money supplies aggressively (Global M2), bitcoin’s price has shown strong correlation, acting as a pressure valve for inflation concerns. The quadrennial “halving” (latest: April 2024) mechanically reduces new supply, creating built-in supply shocks as adoption grows. * The Antifragile Security Feedback Loop: Bitcoin’s security isn’t static; it’s antifragile. The network strengthens through demand: * More users → More transactions → Higher fees → More miner revenue → More hashpower (computational security) → Greater network resilience → More user confidence.
  This self-reinforcing cycle contrasts sharply with traditional systems, where security is a cost center (e.g., bank security budgets, military spending). Bitcoin turns security into a profitable, market-driven activity. * Institutionalization Without Centralization: While institutional ownership via ETFs (like BlackRock’s IBIT) and corporate treasuries (MicroStrategy, Metaplanet) has surged, supply remains highly decentralized.

  Individuals still hold the largest share of bitcoin, preventing a dangerous concentration of control. Spot Bitcoin ETFs alone are projected to see over $20 billion in net inflows in 2025, demonstrating robust institutional capital allocation.

The Bitcoin Community: Building the Digital Antler’s Resilience

Lowery’s “Softwar” theory underscores why bitcoin’s decentralized architecture is non-negotiable. Its strength lies in the alignment of incentives across three participant groups:

1. Miners: Provide computational power (hashrate), validating transactions and securing the network. Incentivized by block rewards (newly minted BTC) and transaction fees. Their physical energy expenditure is the “muscle” behind the digital antler.
2. Nodes: Independently verify and enforce the protocol rules, maintaining the blockchain’s integrity. Run by users, businesses, and enthusiasts globally. They ensure decentralized consensus, preventing unilateral protocol changes.
3. Users: Individuals, institutions, and corporations holding, transacting, or building on bitcoin. Their demand drives transaction fees and fuels the security feedback loop.

This structure creates “Mutually Assured Preservation”. Attacking bitcoin requires overwhelming its global, distributed physical infrastructure (miners/nodes), a feat far more complex and costly than seizing a central bank’s gold vault or freezing a bank’s assets. It transforms financial security from a centralized liability into a decentralized, physically-grounded asset.

Risks & Responsibilities

Investors and policymakers must acknowledge persistent challenges:

• Volatility: Bitcoin remains volatile, though this has decreased as markets mature. Dollar-cost averaging (DCA) is widely recommended to mitigate timing risk.
• Regulatory Uncertainty: While U.S. policy is increasingly favorable, global coordination is lacking. The EU’s MiCAR regulation exemplifies divergent approaches.
• Security & Custody: While Bitcoin’s protocol is robust, user errors (lost keys) or exchange hacks remain risks.
• Environmental Debate: Proof-of-Work energy use is scrutinized, though mining increasingly uses stranded energy/renewables. Innovations continue.

Jason Lowery’s “Softwar” theory elevates bitcoin from a financial instrument to a socio-technological innovation on par with the invention of the corporation, the rule of law, or even the antler in evolutionary biology. It provides a coherent framework for understanding why:

• Nations like the U.S. are looking to establish bitcoin reserves and embracing stablecoins—they recognize bitcoin’s role in projecting economic power non-violently in the digital age.
• Institutional Investors are allocating billions via ETFs—they see a scarce, secure, uncorrelated asset with antifragile properties.
• Individuals in hyperinflationary economies or under authoritarian regimes use bitcoin—it offers self-sovereign wealth storage immune to seizure or debasement.

For the investor, bitcoin represents more than potential price appreciation. It offers exposure to a fundamental reorganization of how power and value are secured and exchanged globally, grounded not in abstract promises, but in the unyielding laws of physics and mathematics.

Like the brewers who balanced tradition with innovation to create something enduring and valuable, bitcoin pioneers are building the infrastructure for a more resilient digital future—one computationally secured block at a time. The “Softwar” is here, and it is reshaping the landscape of p

@ b1ddb4d7:471244e7

Paris, France – June 6, 2025 – Flash, the easiest Bitcoin payment gateway for businesses, just announced a new partnership with the Bitcoin Only Brewery, marking the first-ever beverage company to leverage Flash for seamless Bitcoin payments. 

Bitcoin Buys Beer Thanks to Flash!

As Co-Founder of Flash, it's not every day we get to toast to a truly refreshing milestone.

Okay, jokes aside.

We're super buzzed to see our friends at @Drink_B0B
Bitcoin Only Brewery using Flash to power their online sales!

The first… pic.twitter.com/G7TWhy50pX

— Pierre Corbin (@CierrePorbin) June 3, 2025

Flash enables Bitcoin Only Brewery to offer its “BOB” beer with, no-KYC (Know Your Customer) delivery across Europe, priced at 19,500 sats (~$18) for the 4-pack – shipping included.

The cans feature colorful Bitcoin artwork while the contents promise a hazy pale ale: “Each 33cl can contains a smooth, creamy mouthfeel, hazy appearance and refreshing Pale Ale at 5% ABV,” reads the product description.

Pierre Corbin, Co-Founder of Flash, commented: “Currently, bitcoin is used more as a store of value but usage for payments is picking up. Thanks to new innovation on Lightning, bitcoin is ready to go mainstream for e-commerce sales.”

Flash, launched its 2.0 version in March 2025 with the goal to provide the easiest Bitcoin payment gateway for businesses worldwide. The platform is non-custodial and can enable both digital and physical shops to accept Bitcoin by connecting their own wallets to Flash.

By leveraging the scalability of the Lightning Network, Flash ensures instant, low-cost transactions, addressing on-chain Bitcoin bottlenecks like high fees and long wait times.

Bitcoin payment usage is growing thanks to Lightning

In May, fast-food chain Steak ‘N Shake went viral for integrating bitcoin at their restaurants around the world. In the same month, the bitcoin2025 conference in Las Vegas set a new world record with 4,000 Lightning payments in one day.

According to a report by River Intelligence, public Lightning payment volume surged by 266% from August 2023 to August 2024. This growth is also reflected in the overall accessibility of lighting infrastructure for consumers. According to Lightning Service Provider Breez, over 650 Million users now have access to the Lightning Network through apps like CashApp, Kraken or Strike.

Bitcoin Only Brewery’s adoption of Flash reflects the growing trend of businesses integrating Bitcoin payments to cater to a global, privacy-conscious customer base. By offering no-KYC delivery across Europe, the brewery aligns with the ethos of decentralization and financial sovereignty, appealing to the increasing number of consumers and businesses embracing Bitcoin as a legitimate payment method.

“Flash is committed to driving innovation in the Bitcoin ecosystem,” Corbin added. “We’re building a future where businesses of all sizes can seamlessly integrate Bitcoin payments, unlocking new opportunities in the global market. It’s never been easier to start selling in bitcoin and we invite retailers globally to join us in this revolution.”

For businesses interested in adopting Bitcoin payments, Flash offers a straightforward onboarding process, low fees, and robust support for both digital and physical goods. To learn more, visit paywithflash.com.

About Flash

Flash is the easiest Bitcoin payment gateway for businesses to accept payments. Supporting both digital and physical enterprises, Flash leverages the Lightning Network to enable fast, low-cost Bitcoin transactions. Launched in its 2.0 version in March 2025, Flash is at the forefront of driving Bitcoin adoption in e-commerce.

About Bitcoin Only Brewery

Bitcoin Only Brewery (@Drink_B0B) is a pioneering beverage company dedicated to the Bitcoin ethos, offering high-quality beers payable exclusively in Bitcoin. With a commitment to personal privacy, the brewery delivers across Europe with no-KYC requirements.

Media Contact:

Pierre Corbin
Co-Founder, Flash
Email: press@paywithflash.com
Website: paywithflash.comPhotos paywithflash.com/about/press

How Flash Enables Interoperable, Self-Custodial Bitcoin Commerce

@ cae03c48:2a7d6671

Bitcoin Magazine

Japan’s ANAP Holdings Launches Full Bitcoin Business Strategy with Goal of Over 1,000 BTC by August 2025

ANAP Holdings, Inc. (3189: Tokyo Standard Market) has officially announced the launch of its “Bitcoin Business” in a formal corporate filing, detailing an entry into Bitcoin focused operations across treasury, finance, fashion, and mining.

JUST IN: fashion brand ANAP, previously purchased 102.9 BTC, goes into FULL #bitcoin Treasury Strategy mode and aims for 1,000+ BTC by August 2025.

They have raised capital to increase their treasury, including an in-kind investment of 584.9135 BTC, which would bring their… pic.twitter.com/k6L8snzmtY

— NLNico (@btcNLNico) June 9, 2025

In a statement signed by President and CEO Yuta Sawaki, the company confirmed that its consolidated subsidiary ANAP Lightning Channel will lead the initiative, with plans to hold more than 1,000 BTC by August 2025. “We aim to strengthen our balance sheet by acquiring Bitcoin in stages as a strategic reserve asset,” the company said. 

The company’s pivot toward Bitcoin is rooted in a belief that the asset, like gold, represents a global store of value amid rising inflation and macroeconomic instability. “Bitcoin is a decentralized digital currency… called ‘digital gold’ for its scarcity and durability, and is gaining attention as a store of value,” the document states. 

A significant portion of the strategy includes a planned in-kind capital contribution of 584.9135 BTC from Capital T Coin Co., Ltd., scheduled for July 2025. This builds on ANAP’s prior acquisition of 102.9 BTC, bringing its total to 687.8136 BTC, pending shareholder approval on July 18. The group aims to reach 1,000 BTC through further purchases. 

Beyond treasury accumulation, the group’s Bitcoin Business will also encompass:

• A Bitcoin trading desk targeting both institutional and retail participants.

• A Bitcoin x Fashion/Lifestyle division, which will develop Bitcoin-themed apparel and premium consumer goods.

• A Bitcoin mining-related business offering software, consulting, and operational support.

As part of its capital strategy, ANAP is executing a ¥7.625 billion Debt-to-Equity Swap (DES) in July 2025, with contributions from stakeholders including Net Prize GK, Q.L.Land, and Tiger Japan Investment. 

“Through the in-kind contribution from Capital T Coin, we will strategically hold Bitcoin within the group,” the company wrote. “We aim to maintain a low-cost position with an average acquisition fee of approximately 0.3% including market and spread costs.” 

With global institutional interest rising, ANAP’s pivot may position it as a pioneer among Asian consumer brands adopting Bitcoin as a reserve asset and innovation platform.

This post Japan’s ANAP Holdings Launches Full Bitcoin Business Strategy with Goal of Over 1,000 BTC by August 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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Bitcoin Magazine

New York City Won’t Be Issuing BitBonds Anytime Soon

Since 2021, Mayor Eric Adams has been talking about how he’s going to make New York City the center of the crypto industry, though this hasn’t materialized. (Some Bitcoin and crypto companies are based here, but this has little to do with Adams’ efforts — or lack thereof.)

So, when I heard the mayor propose issuing BitBonds in New York City at Bitcoin 2025, I was far from convinced that this would actually happen.

And then when I read a statement from NYC Comptroller Brad Lander on the topic, it became even more clear to me that Adams was merely posturing when it came to BitBonds.

“New York City will not be issuing any bitcoin-backed bonds on my watch,” said Lander in the statement.

“Mayor Eric Adams may be willing to bet our future on crypto in exchange for a trip to Vegas, but my job is to ensure our City’s financial stability. Cryptocurrencies are not sufficiently stable to finance our City’s infrastructure, affordable housing, or schools,” he added. 

“Proposing that New York City should open its capital planning to crypto could expose our City to new risks and erode bond buyers’ trust in our City.”

In the statement, Lander went on to discuss how BitBonds would work at the federal level (90% of the funds go to government expenditures, while 10% goes to buying bitcoin for a Strategic Bitcoin Reserve), before noting a key difference between federal bonds and the bonds that New York City issues.

“While the federal government issues bonds to fund traditional expenditures, New York City primarily issues bonds to fund capital assets and in only very narrow circumstances can the City finance other purposes,” wrote Lander.

Lander then went on to lay out a number of other reasons why New York City will not be issuing BitBonds anytime soon, including that ”New York City would have to be able to take transactions in Bitcoin in order to issue bonds backed by Bitcoin” because “New York City has neither any mechanism to pay for its Capital Assets in any other currency besides the US Dollar nor any means to convert Bitcoin to US Dollars.”

(If I read that correctly, Lander says that New York City doesn’t know how to set up a Bitcoin wallet or trade bitcoin for U.S. dollars. Just about on par for an elected official in New York.)

Now, pardon my cynicism here, but I’m a New Yorker — a resident of one of the most restrictive jurisdictions in the world when it comes to Bitcoin and crypto, thanks to the BitLicense — and there are two things you can bet on at this point in time in New York.

1. Mayor Eric Adams will talk a good game about Bitcoin and crypto while not taking any action behind the scenes.
2. Bureaucrats and elected officials alike in New York will continue to throw cold water on anything that challenges Wall Street’s power, while still claiming that New York is the “financial capital of the world.” (Laughable.)

So, Mayor Adams can make all the proposals he wants from stages in Las Vegas to NYC-sponsored crypto summits, but until I see his administration actually do something substantial for New York City residents as it pertains to Bitcoin and crypto, I’ll just assume that New York will continue to stagnate financially.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

This post New York City Won’t Be Issuing BitBonds Anytime Soon first appeared on Bitcoin Magazine and is written by Frank Corva.

@ cae03c48:2a7d6671

Bitcoin Magazine

BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days

BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under management (AUM), reaching the milestone in just 341 trading days. This achievement makes IBIT the fastest ETF to ever hit that threshold. 

JUST IN: BlackRock's spot Bitcoin ETF becomes the fastest ETF in history to surpass $70 billion AUM pic.twitter.com/kZkXhjEvq0

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

To put that into perspective, the previous record-holder—SPDR Gold Shares (GLD)—took 1,691 days to reach the same milestone. “5x faster than the old record held by GLD of 1,691 days,” Bloomberg ETF analyst Eric Balchunas wrote in a post on X. Other ETFs like VOO (1,701 days), IEFA (1,773 days), and IEMG (2,063 days) also lag far behind IBIT’s rapid growth.

The explosive rise in IBIT’s AUM coincides with Bitcoin’s continued rally. At the time of reporting, Bitcoin (BTC) is trading above $108,000, up more than 2.06%, and sitting just under 4% below its all-time high of nearly $112,000 set last month. 

BlackRock’s accumulation strategy has placed it at the forefront of institutional Bitcoin investment. According to blockchain analytics firm Arkham Intelligence, the firm now holds over 663,000 bitcoin—more than Michael Saylor’s MicroStrategy, which famously owns 582,000 BTC. 

The price surge and ETF milestone reflect a broader institutional embrace of Bitcoin as a legitimate and increasingly preferred asset class. The record breaking pace of IBIT’s growth underscores the demand from investors looking for regulated exposure to Bitcoin through traditional financial products. 

The chart clearly visualizes the disparity in ETF adoption timelines, with IBIT’s steep, vertical ascent dramatically outpacing its peers in the race to $70 billion. It’s a testament to the accelerating pace at which capital is flowing into Bitcoin markets.

As Bitcoin continues to hold just below its peak, and institutional products like IBIT grow at unprecedented speeds, all eyes are on what comes next—not just for Bitcoin, but for the legacy financial industry now being reshaped by it. 

This post BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ cae03c48:2a7d6671

Bitcoin Magazine

KULR Technology Group Announces $300 Million ATM Offering To Invest in Their Bitcoin Treasury

KULR Technology Group, Inc. (NYSE American: KULR) announced it has entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC, enabling the company to sell up to $300 million of its common stock in an at-the-market (ATM) offering to support its Bitcoin treasury reserve.

JUST IN: Public company KULR is raising up to $300 million to buy more #Bitcoin pic.twitter.com/Jg0yaAFkI7

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

Under the agreement, Cantor Fitzgerald will act as the sole sales agent, using commercially reasonable efforts to sell shares at market prices. The offering will be made under an existing shelf registration and may occur from time to time based on market conditions and company discretion.

As of June 6, 2025, KULR’s common stock was trading at $1.18 per share. The total number of shares issued under the agreement will not exceed the company’s authorized but unissued shares, after accounting for shares already reserved or committed.

“Our common stock is listed and traded on the NYSE American LLC under the symbol ‘KULR,’” stated the filing.

KULR will pay the sales agents a commission of up to 3.0% of the gross sales proceeds. The agents are considered underwriters under the Securities Act of 1933, and KULR has agreed to indemnify them against certain liabilities.

“Our business and an investment in our common stock involve significant risks,” stated the filing. “These risks are described under the caption “Risk Factors” beginning on page S-6 of this prospectus supplement, and the risk factors incorporated by reference into this prospectus supplement and the accompanying base prospectus.”

KULR started adopting bitcoin as their primary treasury reserve asset in December 2024. Their strategy focuses on acquiring and holding bitcoin by using cash flows that exceed working capital requirements, issuing equity debt securities or raising more capital to purchase more Bitcoin.

“We view our bitcoin holdings as long term holdings and expect to continue to accumulate bitcoin,” mentioned the filing on page S-2. “We have not set any specific target for the amount of bitcoin we seek to hold, and we will continue to monitor market conditions in determining whether to engage in additional bitcoin purchases. This overall strategy also contemplates that we may periodically sell bitcoin for general corporate purposes or in connection with strategies that generate tax benefits in accordance with applicable law, enter into additional capital raising transactions, including those that could be collateralized by our bitcoin holdings, and consider pursuing strategies to create income streams or otherwise generate funds using our bitcoin holdings.”

This post KULR Technology Group Announces $300 Million ATM Offering To Invest in Their Bitcoin Treasury first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 5ea46480:450da5bd

The objective web represents how we currently experience internet platforms. It functions primarily through centralized instances or platforms delivering shared information and statuses. These centralized platforms produce coherent views of reality based on standardized metrics such as trending content, view counts, likes, and aggregated user comments. This framework creates a single shared, authoritative depiction of the world, leading people to consume a shared interpretation of events. The objective web, therefore, becomes a centralized authority or source of truth, determining what is relevant, credible, and noteworthy. The presentation of a singular standard can also be extrapolated to concepts like Google's search rankings, user ratings on Uber, or Wikipedia's attempt at an objective encyclopedia. Though they differ in rigidity, each of these structures tries to deliver a consensus version of reality. Note that the argument is not that these platforms are objective, but they beget de facto objectivity, simply as a result of everyone deferring their subjectivity to the same entity.

This singular, consistency-based approach is increasingly failing. The objective web is under severe strain as diverse groups increasingly disagree about policies, representation, truth claims, and even basic shared facts. These difficulties become glaringly evident when considering disruptive technological changes, especially artificial intelligence-generated content and bots. The ability of platforms to consistently moderate and curate trustworthy information for all users quickly diminishes. The nature of centralized authorities means they're facing dedicated, scalable attacks. This creates an environment saturated with distrust and compromise. This approach is inherently unstable and is gradually collapsing amid internal contradictions and external pressures.

In sharp contrast, Nostr proposes the subjective web. The subjective web decouples individuals from standardized, centralized interpretive structures. Rather than relying on platforms or centralized systems to filter and interpret 'the internet', people individually decide how to interpret and judge the information and content they're exposed to. Subjectivity here is about personal judgment, local decision-making, and contextually flexible interpretations rather than universal coherence. This approach shifts the interpretative responsibility away from centralized authorities or algorithms and onto individuals and their personal networks.

This subjectivity is not limited to content but extends to the personal methods of interpreting information and people, using any variety of tools available—including algorithmic analysis, AI interpretation, or simple social-relationship analyses. In doing so, the subjective web becomes far tougher for malicious actors to compromise because attacks must be tailored to unique personal environments and rely upon infiltrating individual interpretations and decision-processes. In other words, infiltration tactics that might be successful on a centralized system become incredibly difficult when everyone is forming their own subjective reality.

Subjective realities are robust against generalized or mass attacks due to their inherently private and personalized nature. To effectively corrupt or hack these subjective webs, attackers must conduct sophisticated infiltration attacks tailored to each user specifically. Even then, attackers face significant obstacles in gathering precise information about a user's personal judgment process and inner interpretations, which remain fundamentally private and contextual. Users can easily retreat into their own trusted, locally built social circles or community ties, rather than having their trust networks limited to centralized authority structures.

This resilience relies on leveraging "webs of trust"—interconnected user relationships based on personal experiences and connections formed in the real world, rather than purely online interactions. This brings an important point: the subjective web fundamentally grounds trust on physical experience, minimizing large-scale vulnerabilities. Users maintain independent trust networks built through real-world interactions and institutions such as churches, sports-clubs, local community groups etc.. While these connections remain scalable and somewhat institutionally structured, they're significantly less susceptible to widespread digital manipulation and infiltrations. Additionally, since these trust webs are numerous, diversified, and individually tailored, single points of centralized failure are rare, and users can reconstruct trust if compromised.

Another significant is timestamping. Timestamping content offers a fundamental layer of objective verification within subjective systems, preventing after-the-fact manipulation. When timestamping is properly implemented, retrospective attacks (i.e., creating detailed fake environments designed to fool a person once that user is already engaging a particular environment) become practically impossible. For effective infiltration, attackers need established identities with consistent historical proof—meaning maintaining long-standing fraudulent identities across long periods—something more costly to scale in terms of effort, resources, and commitment.

While the subjective web represents a fundamentally decentralized and resilient structure, users naturally desire objective anchoring points at times. Users can incorporate ‘objective’ points but do so as part of a broader array of personalized, contextual interpretations rather than centrally imposed, universally agreed-upon concepts. Thus, objective systems in the subjective web landscape exist merely as subjective information sources rather than authoritative interpretations. The difference here lies in acknowledging their inherent subjectivity, rather than attempting to impose a façade of universal, authoritative objectivity.

The subjective web isn't merely a theoretical ideal or preference—it represents an unavoidable future. Signs already suggest the current centralized, authoritative, coherence-driven internet model is fundamentally crumbling, torn apart by emerging contradictions, trust collapses, polarization, disagreements, and attacks. Centralized authorities increasingly limit openness or transparency as defense mechanisms, fundamentally compromising the advantages that made the internet powerful in the first place.

By contrast, transitioning toward a subjective web reduces these dilemmas and opens spaces of autonomy and interpretations suited to diverse and individual user needs. Unlike centralized systems, subjective webs limit the risks of digital manipulation, mass misinformation campaigns, censorship, narrative control, and network lockdown. Each individual retains robust networks of trust and personal interpretations, inherently preventing large-scale coordinated misinformation campaigns simply by maintaining diversity and individuality.

Embracing subjective web approaches with Nostr naturally offers a practical, resilient way forward as centralized platforms collapse under their own contradictions. Subjective webs inherently maintain the openness of early internet freedom while also offering individuals trustworthy, personalized interpretative environments. Ultimately, the collapse of objective web coherent structures may be inevitable. In recognizing this inevitability, embracing decentralized, individual-focused subjective web systems represents a practical method to reassert personal autonomy, interpretation freedom, resilience against manipulation, scalable infiltration attacks, centralized censorship attempts, and trust compromises.

@ cae03c48:2a7d6671

Bitcoin Magazine

Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs.

“It’s a lot of things coming together. Out of the gate was retail and investor demand…” said Mitchnick. “Now, more recently, we’ve seen just steady progress of more wealth advisor adoption, more institutional adoption. It’s been a mix of people who it’s the first time that they’ve invested in anything in the crypto space. And then on the other hand, you have lots of people who’ve been invested in Bitcoin for a long time and they’re taking advantage of the ETP wrapper.”

JUST IN: $11.5 trillion BlackRock's Robert Mitchnick said wealth advisor adoption of Bitcoin is "very early" pic.twitter.com/UqiarMWEvV

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

When it comes to institutional adoption, Mitchnick says we’re still early. ETF approvals usually take years, but some firms are fast-tracking the process.

“We’ve seen that fast tracked by a number of firms, and we talk about fast tracking,” stated Mitchnick. “We’re talking about, you know, quarters, not months. And slowly but surely, you’ve seen, I think, an acceleration, particularly in the last couple of months of more notable firms lowering barriers, granting approvals to their advisors to use these.”

Bitcoin’s volatility has declined recently, making it more appealing for institutions seeking diversification. However, it remains volatile, but its risk and return profile differs from traditional assets.

“There’s no question it’s relatively novel technology,” Mitchnick commented. “Even though the volatility has come down, it’s still volatile, but at the same time its risk and return drivers are markedly different from most of the rest of the assets in a traditional portfolio, and that’s important. And so when institutions are looking at this, they’re heavily focused on that correlation and whether it’s zero or even in some periods negative, because then the portfolio construction case is very compelling to them.”

About a dozen Bitcoin ETFs currently compete in the market, and demand remains strong.

“Well, a lot of them have been, you know, very successful, too,” stated Mitchnick. “Obviously, it has been the leader in the category by a fair margin. But there’s been such demand that, you know, it’s been exciting and there’s lots of products in the space and that’s a good thing.”

This post Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ f0fd6902:a2fbaaab

Trestles is a collection of surfing spots between northern San Onofre State Beach in San Diego County and southern San Clemente in Orange County in California.Trestles consists of, from north to south, Upper Trestles (Uppers), Lower Trestles (Lowers), and Middle Trestles (Middles). North of Upper Trestles is the surf spot called Cottons. South of Middles is the surf spot called The Church. Middles gets its name because it was a middle area between Trestles (both Uppers and Lowers breaks) and The Church (sometimes just called "Church". It is named after Trestles Bridge, a wooden trestle bridge that surfers must walk under to reach the beach, replaced in 2012 by a concrete viaduct.

Lower Trestles consistently has the best waves of the group. For many years, the WSL World Tour surfing competition and the NSSA Nationals were annually held at Lowers. Uppers is less consistent, but it has the potential to be a good wave with a long ride. North of Uppers is Cotton's Point, the location of former president Richard Nixon's home, La Casa Pacifica, aka "The Western White House", and the associated surfing spot of Cottons.

Seasonal stream During periods of strong rain, Trestles has a stream that runs through its center and empties into the ocean. Usually, the stream flows during the winter and spring, the seasons with the most rain in Southern California. The stream does not contain much marine life as it dries up without a steady water source. The stream creates a small pool which contains mainly tadpoles. When the stream dries up above ground, an underground water flow still exits into the ocean, just not through a river delta.

Wave: Trestles Nicknames: Lowers, Middles, Uppers Where: San Onofre State Beach Park, California, USA When: Best Autumn to Spring Why: Smooth as silk Stats: Holds 1-12ft, wave ride from 150ft to 500ft

Link to follow the Event (Yesterday was postponed du to weather conditions):

https://www.worldsurfleague.com/events/2025/ct/327/lexus-trestles-pro/results

To watch live :

https://www.youtube.com/watch?v=6tcWqwaAwCc&ab_channel=WorldSurfLeague

https://stacker.news/items/1002382

@ 8d5ba92c:c6c3ecd5

Over the years, I’ve hit many different Bitcoin events across Europe, recently LATAM and Asia too. Small local meetups, bigger gatherings, mid-sized and large conferences, as well as cultural festivals like the one just held in Warsaw, Poland, Bitcoin FilmFest (aka BFF25, which I also co-run).

With probably an average of 7-10 gatherings a year, it’s a lot for some, not enough for others. For me, it’s a learning process hunting signal: real people, real ideas, real talks. In a way, Proof of Work—joining these events takes time and energy, it too yields the results—new connections, collaborations, or even just further steps toward our sovereign lives, meeting after meeting, just like adding a block to the chain.

When choosing a new place to join, location and program are important, almost equal, but what matters most is the overall theme and the vibe it creates with the ‘crowd’. Almost a paranormal synergy of what organizers bring and what attendees add with their presence.

May-June 2025...

First, culture without chains. Then privacy, tech, and cypher action. Still buzzing from BFF25, just a week later, a bit tired but stoked, I managed to take a 3-hour flight from Poland to Spain.

Worth it? Absolutely! Why? Continue reading to figure out.

BCC8333. Let’s first break down the name.

Barcelona Cyphers Conference, with “8333” referring to the port Bitcoin nodes use to sync the timechain in a decentralized network. Well, BCC8333 promised substance, not just empty fluff, from the very start. Honestly, I wouldn’t even call it a 'conference' but a high-signal, well-structured meetup of maybe 150-200 individuals. No influencers, no VIP rooms. No hype, no pressure.

Unleashing Decentralized Freedom.

Held at Palau Dalmases, a 17th-century palace in Barcelona’s Born district, the venue was pure magic. Its courtyard, with stair rails carved with mythological scenes, had an artistic, almost rebellious soul tied to its flamenco background (the venue officially hosts flamenco shows in the evenings). Not too big, not too small, it was just perfect for deep talks, hands-on workshops, signal-not-bullshit presentations, and real debates.

The courtyard, the heart of the venue, welcomed us with sunny weather and stylish décor, sparking some of the best daytime conversations I’ve had. The entire place, with its history and defiant spirit, felt ready for us to build something special. https://i.nostr.build/5CbApOqFnb8UoB0F.png

Organized by locals—Spanish Maxis with a cypherpunk soul—and attended by folks from across the globe, it was a perfect mix of knowledge and experiences. Deep discussions on tech, privacy, geo-politics, culture, communities, health, lifestyle, and philosophy. Precious moments with familiar faces or new ones, all working on very interesting projects. Fact: smaller crowd let you dive deep into talks and build genuine connections.

The program was thoughtfully structured. Intense sessions balanced with space to breathe, think, talk, and eat.

(Note: BCC8333, smack in the heart of Barcelona, meant plenty of nearby dining options despite tourist crowds and occasional long lines for top tapas bars. Breaks were long enough, so you could savor decent meals while enjoying the 5-10 minute walk here or there with other attendees. Could you pay in SATs everywhere? Not really, not outside the venue. But let’s be realistic: in a group of Bitcoiners, there’s always a way to use SATs, swapping fiat with others who’ll need it sooner or later. Win-win. Personally, I find these scenarios even better—Bitcoiners roaming the city for days, asking ‘Can I pay in bitcoin?’ again and again, spread a message stronger than just a group of us closed off at the venue doing our own thing. Moving around and repeating the same question will sooner or later inspire new places to take Bitcoin payments seriously. FYI: at one dinner, a delicious Brazilian steakhouse, we convinced a waiter to download a Lightning wallet, accept his tips in SATs, and vow to dig deeper into Bitcoin and Nostr in the coming days.)

Back To The Event and Its Agenda.

Practical workshops, sharp presentations, and real debates (sadly, still too rare in the space) covered topics like privacy, nodes, wallets, Bitaxe miners, and Nostr. Crucial stuff to forge the sovereign life.

https://i.nostr.build/PvD1bDKr9qQ87Mr5.png

- My personal highlights?

Friday’s sessions on the history and future of cypherpunks (Spanish / English, with Alfre Mancera, Entropy, Bebop, Max Hillebrand, and Begleri); Miniscripts Roundtable-Discussion (English, with Edouard from Liana, Landabaso from Rewind, Francesco from BitVault, Yuri da Silva from Great Wall); Self-Sufficient Houses (English with Matthew Prosser); and the debate on Op_return (English, with Peter Todd; Unhosted Marcellus, and Lunaticoin).

I couldn’t catch everything—too busy in hallway chats connecting dots from the past to the present for a stronger future ;) … Luckily, the main stage sessions were recorded by the organizers (follow Nostr: BCC833, with extra interviews/coverage done by Juan Cienfuegos (BitCorner Podcast). Sure, all of it will drop online soon.

https://i.nostr.build/lNppYMtEtz8DGNhi.png

- What left me in awe?

Pure, unfiltered signal.

First, the Spanish Bitcoin scene is a force. Well-organized, connected, decentralized but acting as one when needed. People relentlessly focused on building, not just talking. BCC8333 was proof.

Second, the fusion of ideas is remarkable; the power of plebs putting them into practice moves the world forward. Just as Bitcoin doesn’t need a CEO, Bitcoiners don’t need typical trendsetters or idols. Case by case, we verify truth ourselves, like nodes in a network, organically building, improving, brainstorming, discussing—not on flashy stages or in cold expo hangars, but in dynamic meetups like this one.

Third, the tribe. Don’t get me wrong, even with thousands of attendees, you can find your people if you try. But with a few hundred, free of overwhelming noise and far too many folks rushing around, you don’t miss the most valuable chats. BCC8333 was no different. I met and re-met my soulmates. The tribe you laugh with, but also work hard with when needed. Simply put: people who share the cypherpunk fire. Sovereignty and hands-on freedom.

- Bonus stuff?

Though the topics were serious (and important), the vibe still had plenty of fun. Barcelona’s nightlife was a great playground, but the organizers also brought joy right to the venue itself. https://i.nostr.build/ahJsprpg1d4qHFtV.png

Examples: Both days with Chain Duel to play in the courtyard and later a big-screen tournament, were cool to watch and join. Saturday’s concert by Roger 9000, with all of us shouting, “Tick tock, next block, it don’t stop. The love of freedom, it don’t stop!” to his energetic beats, made those moments truly spectacular.

Wrapping Up.

BCC8333 stands apart. As the title says, it was truly the event ‘Where Cypherpunk Spirit Forges Sovereign Minds.’ Cheers to the organizers, contributors, volunteers, and attendees! Those past few days in Barcelona were solid proof we’re keeping Bitcoin’s ethos alive—a strong case that it’s not about “going to the moon” but staying free on the ground.

Thank YOU!

---

BTC Your Mind. Let it Beat.

Şela

@ c11cf5f8:4928464d

NOW OPEN

Welcome stacker and cowboys to the first edition of this Sellers & Business Club series!

You're in the right place if you're serious about growing your business, or starting a new one. Let's discuss your preferred Bitcoin Business Models!

You'll find everything you need to move faster, sell smarter, and stay ahead of trends—with useful insights for every step of the way, community-powered learning posts, insights, and support from other sellers.

Pinging here @beejay, @deSign_r, @Kontext, @fauxfoe, @DarthCoin, @stack_harder, @BlokchainB, @Solomonsatoshi, @lunin and @021f3af1a6 because have demonstrated some interest in previous announcements, and other stackers[^1] that have been active in the ~AGORA marketplace.

Your insights and questions are welcome. I'll be opening with some questions:

• What are your latest wins?

• What are you dealing with lately?

• What current obstacles that are keeping you away from succeeding?

[^1]: FIY: @watchmancbiz @globalmerchant @midnightshipper @thebullishbitcoiner @realtrader @sandelllevy_ @thecommoner @matusalem @siggy47 @veintiuno @needcreations_ @globalthreat @profullstack @cryotosensei @catoshi @kr @pleblab @fabs @lendasat @Akg10s3 @bytephysics @byzantine @96dffdc39e @thewildhustle @0xbitcoiner @gpvansat @south_korea_ln @rideandsmile @btclnat @bitcoinerrorlog @wakingseason @tinstrmedia @pictureroom @isolabellart @jpedro64453 @herschel

https://stacker.news/items/1002347

@ f0fd6902:a2fbaaab

Instantly named Freedom Book of The Month and a major influence in the Cyber-underground, A Lodging of Wayfaring Men is the story of freedom-seekers who create an alternative society on the Internet - a virtual society, with no possibility of oversight or control. It grows so fast that governments and “leaders” are terrified, and fight to co-opt this cyber-society before it undermines the power of the governing elite.

The main body of the book is followed by a set of essays and a supplemental narrative that were composed as the book was being written.

For those of you who may not have read the marvelous A Lodging of Wayfaring Men, I strongly encourage you to do so. -- Capital Reward Blog

The novel leads us through a clever plot where the principles of freedom and individuality lead to a free market, one not controlled by governments or by tax men. The narrative is gripping. The reader cannot lay the book down. -- Dr. Thomas Dorman

As full as my reading schedule is, I plan to make time to return to A Lodging of Wayfaring Men in order to glean the most from this interesting, thought-provoking tale. -- Sunni Maravillosa, Free-Market.net

Of the twenty five or so people I worked with last fall, all of them revered A Lodging of Wayfaring Men as a bible. They referred to the house and their community effort as a Lodge. We all felt it was modeled on the Free Souls. -- HW, underground programmer

One of the most thought-provoking books to hit the information highway in recent times. -- David MacGregor, Sovereign Living

https://stacker.news/items/1002361

@ b17fccdf:b7211155

---

Check out the MiniBolt guide -> HERE <-

---

• Core guides
• System
  • Preparations
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  • Configuration
  • Security
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• Bitcoin
  • Bitcoin client (Bitcoin Core)
  • Electrum server (Fulcrum)
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• Lightning
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  • Channel backup
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• Bonus guides
• System bonus guide
  • Dashboard & Appearance
    • Pimp the command line
    • System Overview
  • System Administration
    • Aliases
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  • Install / Update / Uninstall common languages
    • Node.js + NPM
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  • Databases
    • PostgreSQL
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    • Store data in a secondary disk
• Bitcoin bonus guides
  • Electrum servers
    • Electrs
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  • Decentralized exchange
    • Bisq
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  • Fun
    • Download the bitcoin white paper
  • Payment processors
    • BTCPay Server
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    • MiniBolt on Testnet
• Nostr bonus guides
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• Security bonus guides
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• Networking bonus guides
  • VPN & Tunneling
    • WireGuard VPN
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  • Resilience
    • Tor services: bridges & relays

---

🏗️ Roadmap | 🌐 Dynamic Network map | 🔧 Issues | 📥 Pull requests | 🗣️ Discussions

---

By ⚡2FakTor⚡

---

Last updated: 09/06/2025

@ efc2b6e5:99c53c19

AI companies massively influence society by projecting their values on ML models, whether we want it or not. It'd be great if at least some people in the companies knew how exactly they influence society, could make certain predictions, or even make ML models themselves predict users' worldviews and some of their behavior.

Some might argue that AI systems already do something like that. I believe they could do it much better: chatbots could be more balanced in terms of security (they are definitely overcensored) and recommender systems, for instance, could contribute to healthy personal and collective transformations (rather than just competing in ability to steal users' attention and trap it in the echo chambers).

Reductionism is an obstacle in AI development

Even most reliable knowledge doesn't solve some of the problems that are already in demand. Even least reliable knowledge still may contain something useful for our problems. While we lack reliable and noncontradictory knowledge, we can still benefit from certain synthesis of working ideas. There's approach that makes it possible to look at the knowledge from a very broad perspective, do such synthesis, and benefit from emergent properties of the synthesis.

Integral (Meta-)Theory created by Ken Wilber is probably the best known attempt to enable the possibility to form and navigate the big picture understanding in a hope to address issues of the epoch we've recently entered.

IMO it has certain challenges that make it repellent to IT:

1. Fundamental psychological theories on which the Integral Theory is based are still pretty fragile; they need time to become mature enough and recognized (while it doesn't look like we have that time). There are endless edit wars on Wikipedia, which makes me feel depressing about possibilities to even introduce Spiral Dynamics and Multiple Intelligences to IT people.
2. Emphasis on controversial interpretations of certain arational states of consciousness.

It's hard to address the first challenge; however, I recently discovered a new “secularized” Non-Reductionist Philosophy launched by David Long, which, among other things, uses wisdom from Integral Theory and attempts to address the second challenge. I'm glad that there are people who don't just criticize the Integral Theory, its community and Wilber's positions but are also developing the new meta-theories.

NR can also be a good way to get familiar with other meta-theories, so one could choose whatever works the best for their problems. For instance, if you're working on something as exotic as some competitor to EEG-powered meditation device, perhaps you will find Integral Theory relevant to study as well, since it's more focused on the states.

I'd like to point out a couple of moments I noticed in the video "Why Non-Reductionism Is A Better Meta-Theory" that caught my attention, as well as in some other older videos. There's not much to comment on the content itself rather than on the form of the content. This feedback might be used for improvements/elaborations in the next videos and just for everyone curious about the new meta-theory. But first

Why do I post here?

Specifically for the deep topics that relate to the current epoch, I no longer find engaging in the YouTube/FB/Reddit/Diqus/Giscus/etc. discussions useful anymore, at least due to broken and almost omnipresent AI-based censorship, that keeps “improving” at randomly shadow-banning people. How many deep and valuable opinions we no longer see?

BTW, it's possible to create Reddit-like communities here at Nostr as well, using Satellite client for example. I believe it's a better place for NR, Rebel Wisdom and many others.

References to full materials used for criticism

There are curious clips with Wilber in the video. It'd be great to have links in the description (or at least titles of the full videos if it's copyrighted material) so viewers could easier form their own independent opinions. I find it important during the age of information overload and narrative warfare. This will also improve SEO.

Emergentism FAQ

There's a strong position on emergence of consciousness; it seems it's not even a hypothesis in NR and I guess that makes some people so reactive.

I think it would be great to have an FAQ page to possibly make future debates more ecological and fruitful. Some of the things that could be elaborated in the FAQ:

• importance of distinction between philosophical theory (inductive reasoning? or actually deductive reasoning? I'm confused here) and scientific theory (deductive reasoning)
• the fact that for now counterarguments usually fall into the categories of “ignorance fallacy”, “false equivalency fallacy” and “God of the gaps” which aren't something sufficient; the whole point of challenge was to find at least a logically valid counterposition (ideally a counterposition that is sound with currently available scientific facts), not the nitpicking attacks
• what kind of emergence is meant, is it important here at all and why.

Debates moderation

Probably most of the debates converge to consensus, which are fruitful anyway. There are a few interesting conflicting debates as well. However, I found this specific conflicting debate with Matt Segall quite exceptional.

Matt's position was not understood. He was more interested in a dialogue rather than debates and I think it would be more productive. However, in this specific case, my guess is it would literally take hours to just figure out the common language on a certain concept he mentions.

My humble guess is that a combination of negotiator and moderator with a strong perceiving personality type (if typologies work at all) could be a step to more meaningful and ecological dialogues in the future. But such negotiator/moderator should also be skilled enough to reflect most challenging parts using more “rational language” as best as possible. These people are rare. Basically I mean the style of dialogues that happened between theoretical physicist David Bohm and Indian philosopher Jiddu Krishnamurti: IMO these were the talks where both sides at some point were barely transcending limitations of their languages and focusing more on intuition in order to understand each other. Much fuzzier and spontaneous dialogues, which aren't prematurely limited by too harsh rationality. Similar thing (with shorter periods of negotiation) could be combined with debating as well.

I hope NR community will be open to understanding more perspectives and won't end up turning into something like a cold and scary crystallization of rational arrogance; that would be damaging and quite opposite to the healthy intentions of the whole project.

Final thoughts

I like the clarity and density of the presented ideas in the video, the choice of lines of development in the map and the alternative to the Integral Methodological Pluralism. I like the mentioned interpretation of “free” will, very much resonates with how I personally interpret it. Tritone-ish devilish sounds in the cons sections is a nice aesthetic choice as well.

I guess there's a lot to learn from NR, no matter what positions we hold on the “rational spirituality” and that sort of stuff. Just to avoid projections and misunderstandings: I'm at a neutral position to all of the NR, Integral and Metamodernism; what any of these philosophies claim to be somehow naive and unhealthy doesn't necessarily match my own positions.

Thank you David Long for launching this philosophy and the movement; I'm looking forward to the next videos!

I'd appreciate reposts and all this as well, thanks!

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

News

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.

• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.

• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable

@ eb0157af:77ab6c55

Over 40 experts from the Bitcoin technical community sign a petition for the adoption of CTV and CSFS opcodes within six months.

A portion of the Bitcoin developer community appears to have reached consensus regarding the next protocol upgrade. An open letter signed by over 40 experts requests the priority implementation of two opcodes: OP_CHECKTEMPLATEVERIFY (CTV, BIP-119) and OP_CHECKSIGFROMSTACK (CSFS, BIP-348).

The developers believe that activating CTV and CSFS constitutes the most appropriate next step for Bitcoin’s evolution. The letter emphasizes how, despite the existence of various proposals to improve the protocol, CTV and CSFS stand out for being extensively reviewed, for their implementation simplicity, and for proving to be both secure and widely requested by the community.

CTV: five years of development and refinement

OP_CHECKTEMPLATEVERIFY was first formalized in BIP-119 over five years ago. Despite numerous attempts at refinement or replacement, it remains the preferred method for enforcing pre-generated transaction sequences using consensus, the developers state.

According to the letter’s signatories, implementing CTV on Bitcoin would unlock functionality for:

• scaling solutions;
• secure vault systems;
• network congestion control;
• non-custodial mining;
• Discreet Log Contracts (DLC).

CSFS: eight years of proven experience

The developers declare that OP_CHECKSIGFROMSTACK is a primitive opcode, implemented on the open source Blockstream Elements platform for at least eight years. It does not represent a significant computational burden compared to Bitcoin’s most used opcode, OP_CHECKSIG, the document’s signatories state.

When combined with CTV, CSFS enables LN-symmetry, an improvement for Lightning Network. Additionally, it unlocks a variety of other use cases.

The letter’s signatories ask Bitcoin Core contributors to prioritize the review and integration of CTV and CSFS within the next six months. This timeline is considered appropriate to allow for rigorous final review and activation planning.

The letter was signed by over 40 figures from the Bitcoin community, including developers such as Andrew Poelstra, Calle, Christian Decker, and Robin Linus, along with representatives from industry companies such as Chun Wang from f2pool, representatives from Zeus, Luxor Mining, Mara Pool, and Cake Wallet.

The post Bitcoin developers call for implementation of CTV and CSFS: letter to the community appeared first on Atlas21.

@ 9ca447d2:fbf5a36d

Strategy, the company formerly known as MicroStrategy, is expanding its already massive bitcoin bet.

The software company, led by Executive Chairman Michael Saylor, just announced it’s upsizing its Series A Perpetual Stride Preferred Stock (STRD) offering from $250 million to $1 billion—nearly four times the original amount.

Michael Saylor on X

This will raise about $979.7 million in net proceeds which will be used for general corporate purposes, with a big emphasis on buying more bitcoin.

“The point of our engine is to generate BTC torque via surgical management of our ATMs (at-the-market offerings) in every single trading day,” said Saylor, describing the financing as part of Strategy’s broader “Bitcoin engine.”

STRD will be sold at $85 per share with 11,764,700 shares to be issued on June 10, subject to closing conditions. Each share pays a 10% annual dividend, paid quarterly, starting September 30, 2025—but only if declared by the board.

What makes STRD unique is its structure. Unlike some of its previous offerings—STRF and STRK—the STRD stock does not allow missed dividends to accrue, cannot be converted into common stock, has no maturity date, and is non-callable for life.

So STRD is a permanent, high-yield instrument for professional and institutional investors who want returns tied to Strategy’s bitcoin plans rather than traditional equity growth.

“It’s our high-yield credit instrument,” said Saylor. “Compared to STRK or STRF, it should be a higher-yielding preferred instrument.”

In addition to high yields, the STRD offering has some protective clauses for both the company and investors. Strategy can redeem all outstanding shares if the total number of STRD shares drops below 25% of the original issue.

Shareholders can demand a buyback of their shares at $100 each (plus any declared but unpaid dividends) if there’s a “fundamental change” such as a restructuring or sale of the company.

Liquidation preference will be daily priced, based on recent market performance, trading prices and historical averages.

The whole point of this offering is to buy more bitcoin. The company already has 580,995 BTC, worth a whopping $61.2 billion, with bitcoin at around $106,000.

With $1 billion raised from this offering, it could buy around 9,700 more bitcoin at current prices, a big jump from the 705 BTC it bought for $75.1 million on June 2.

This is part of Saylor’s company’s ongoing and aggressive plan to be the biggest corporate holder of bitcoin, and so far, it has been very successful.

Related: Strategy Doubles its Bitcoin Acquisition Program

Financial analysts and digital asset experts are taking notice of the company’s growing influence in the Bitcoin space.

A VanEck report recently said the MSTR stock is trading at a +112% premium to the fair value of its bitcoin holdings and core software business—mainly due to future bitcoin purchases and investor sentiment.

But some warn that less experienced investors are overpaying for indirect bitcoin exposure by buying into these stocks, which are increasingly tied to bitcoin’s future price and less to the original business of the company.

Many have advised investors to go directly for bitcoin and keep it in self-custody when possible, instead of buying shares of companies or ETFs.

@ 57d1a264:69f1fee1

This post is part of a series. It is meant to be a place for stackers to discuss creative projects they have been working on, or ideas they are aiming to build. Regardless of your project being personal, professional, physical, digital, or even simply an idea to brainstorm together.

If you have any creative projects or ideas that you have been working on or want to eventually work on... This is a place for discussing those, gather initial feedback and feel more energetic on bringing it to the next level.

Thank you @OT @cryotosensei @sangekrypto, @nkmg1c_ventures and @SilkyNinja for your previous contributions in https://stacker.news/items/978934/r/DeSign_r

Look forward to hearing if there's any progress there.

₿e Creative, have Fun! :D

https://stacker.news/items/1002329

@ ea39b0da:29a1710d

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@ cae03c48:2a7d6671

Bitcoin Magazine

The Blockchain Group Accelerates Bitcoin Treasury Strategy with €300M Raise

On June 9, 2025, The Blockchain Group (Euronext: ALTBG) announced a €300 million capital increase program in partnership with TOBAM—marking one of the largest flexible funding facilities in the European public markets dedicated to scaling a Bitcoin treasury.

The raise is structured as an “ATM-type” (At-The-Market) offering, allowing TOBAM to subscribe daily for ordinary shares at a price based on the higher of the previous day’s closing price or volume-weighted average price (VWAP). Each tranche is capped at 21% of the day’s trading volume. This provides a disciplined mechanism to increase capital over time without disrupting market dynamics.

TOBAM: A Strategic Long-Term Backer

TOBAM, a Paris-based asset manager, has been a strategic investor in The Blockchain Group since 2017. The firm was among the earliest institutional advocates of Bitcoin as a treasury asset and remains one of Europe’s most innovative capital allocators. This deepened partnership underscores shared conviction in Bitcoin’s long-term value and the importance of financial infrastructure built on hard money principles.

Through this program, TOBAM can allocate capital into ALTBG shares in a way that aligns with market liquidity, ensuring that treasury growth occurs sustainably and with pricing transparency.

What It Means for Bitcoin For Corporations

For BFC members and observers, this development reflects the growing global standardization of capital tools for Bitcoin-native companies. The ATM structure—commonly used in U.S. equity markets—has now been adapted for European Bitcoin treasury growth. It offers several key advantages:

➤ Precision Timing: Capital can be deployed when conditions are favorable, avoiding the drawbacks of lump-sum raises.
➤ BTC Per Share Focus: The program is explicitly designed to increase the number of bitcoins per share on a fully diluted basis—aligning shareholder and treasury value.
➤ Strategic Flexibility: Instead of relying on traditional fundraising windows, The Blockchain Group now has continuous access to growth capital.

A Treasury Engine, Not Just a Treasury

The Blockchain Group has been steadily transforming itself from a digital services company into a full-fledged Bitcoin Treasury Company. This €300 million program turns that transformation into a capital engine—one that can convert equity into Bitcoin consistently, responsively, and with strategic intent.

It also strengthens Europe’s position in the emerging corporate Bitcoin ecosystem. While most Bitcoin Treasury Companies today are U.S.-based, The Blockchain Group’s playbook offers a model for public firms across Euronext and other international exchanges.

The Blockchain Group isn’t just holding Bitcoin—it’s designing infrastructure to accumulate it over time. With TOBAM’s backing and a flexible ATM program in place, Europe’s first Bitcoin Treasury Company is poised to scale BTC per share with precision—one tranche at a time.

Disclaimer: This content was written on behalf of Bitcoin For Corporations. This article is intended solely for informational purposes and should not be interpreted as an invitation or solicitation to acquire, purchase, or subscribe for securities.

This post The Blockchain Group Accelerates Bitcoin Treasury Strategy with €300M Raise first appeared on Bitcoin Magazine and is written by Nick Ward.

@ ea39b0da:29a1710d

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@ ea39b0da:29a1710d

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@ cae03c48:2a7d6671

Bitcoin Magazine

Investment Holding Company Belgravia Hartford Capital Makes First Bitcoin Purchase as Part of Treasury Strategy

Belgravia Hartford Capital Inc. (CSE:BLGV) announced that it has made its first Bitcoin acquisition as part of the company’s Bitcoin treasury strategy as well as other corporate developments. 

JUST IN: Publicly traded investment holding company Belgravia Hartford announces its first Bitcoin purchase for its reserves pic.twitter.com/TUfPCvGuBk

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

The company confirmed the purchase of 4.86 BTC for USD $500,000 at an average price of $102,848 per BTC. The move follows a previously announced $5 million credit facility with Round13 Digital Asset Fund L.P., from which Belgravia has drawn its first full tranche.

“We are very pleased to have entered the market at this time,” stated CEO of Belgravia Mehdi Azodi. “Belgravia and Round 13 DAF will continue to monitor the Facility and our holdings of BTC as we move into the anticipated active Summer for Belgravia, cryptocurrencies and BTC in particular.”

Belgravia also reported a CAD $44.1 million non-capital tax loss after filing its 2023 return. This loss can be carried forward for up to 20 years. The company is now working with advisors to explore ways to monetize the tax asset to support its Bitcoin treasury strategy and overall balance sheet.

“Belgravia’s accounting, legal and business advisors are exploring a number of options and opportunities in order to monetize this CAD $44 million Non-Capital Loss for the benefit of shareholders and further strengthen our balance sheet to match our stated BTC treasury strategy,” Azodi stated.

The adoption of Bitcoin as a treasury reserve asset has dramatically increased over the course of the last year, expanding globally. To date, there are 226 companies and other entities with Bitcoin in their balance sheets. 

Last week, Know Labs, Inc. (NYSE American: KNW) also announced the adoption of a Bitcoin treasury strategy, starting with 1,000 Bitcoin as part of a deal with Goldeneye 1995 LLC and Ripple Chief Risk Officer Greg Kidd, who is the CEO and Chairman of the Board of Directors of Know Labs. The Bitcoin will represent about 82% of Know Labs’ $128 million market cap at a BTC price of $105,000.

“I’m thrilled to deploy a Bitcoin treasury strategy with the support of a forward-looking organization like Know Labs at a time when market and regulatory conditions are particularly favorable,” said Mr. Kidd. “We believe this approach will generate sustainable growth and long-term shareholder value.”

JUST IN: Know Labs, Inc. announces its adopting a Bitcoin Treasury Strategy and holds 1,000 Bitcoin pic.twitter.com/NSn2xFZYx0

— Bitcoin Magazine (@BitcoinMagazine) June 6, 2025

This post Investment Holding Company Belgravia Hartford Capital Makes First Bitcoin Purchase as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ ea39b0da:29a1710d

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@ a296b972:e5a7a2e8

Wie weit ist es noch her mit Einigkeit und Recht und Freiheit?

Wie weit sind diese wunderbaren Begriffe schon von Spaltung, Willkür und Bevormundung verdrängt worden?

Ein Land, dessen Werte aus dem Ruder gelaufen sind. Regiert von Teflonauten. Teflonauten? Das sind die, die sich vor Eintritt in die Politik in einem Fass Teflon-Lack haben taufen lassen, damit alle Vernunft an ihnen abperlt.

Für Deutschland gehen die Superlative aus, die den Gesamtzustand eines Staates beschreiben könnten, der in jeder Hinsicht aus den Fugen geraten ist. Wie in einem vorangegangenen Kommentar zu einem anderen Thema zu lesen war, die Satiriker werden langsam arbeitslos, weil die Realität alles überbietet.

Eine unsägliche Riege von Politikern demontiert eine Demokratie, die bis 2019 wenigstens noch einigermaßen erträglich funktioniert hat. Man hatte noch das Gefühl, man wird weitgehend in Ruhe gelassen.

Mit dem Corona-Ereignis wurde die Büchse der Pandora geöffnet. Seitdem fließen totalitäre Elemente in die Demokratie ein. Wer darauf hinweist, läuft Gefahr, es mit der vom Souverän gekaperten Macht zu tun zu bekommen.

Für die, die gegen die Bevölkerungsverdummung immun sind, wird es zunehmend unerträglicher, doch – da müssen wir durch.

Es ist gut, dass all die Machenschaften, die die Deutschen sonst nicht mitbekommen haben, allendhalben hier und da mal ein Skandälchen, ans Tageslicht kommen.

Es ist gut, dass es so offensichtlich ist, dass die dicksten Klopse, die sich die sogenannten Politiker erlauben, nicht den geringsten Anlass dazu geben, zurückzutreten. Vorbei die Zeiten, in den schon viel kleinere Vergehen, einen Politiker dazu genötigt haben. Es ist gut, weil so klar wird, dass das politische Gewissen nur noch im Museum besichtigt werden kann. Irgendwann versteht das auch noch der Letzte im hintersten Winkel des besten Deutschlands aller Zeiten.

Die Inkompetenz ist überall sichtbar, durch die, die unfähig sind, ihre Machenschaften zu verbergen.

Läppisch geschnitzte Pfeifen geben sich als wohlgestimmte Orgel aus und meinen, es gäbe niemanden, der die Kakophonie hören würde. Ein schräges Blockflöten-Konzert wird zum Musikgenuss hochstilisiert, von Leuten, die ständig ihren Notenschlüssel verlegen und dadurch nicht mehr in den Raum der Vernunft kommen.

Die Menschen in Deutschland haben sich aufgeteilt in die, die von all dem nichts wissen wollen und sich einreden, es sei doch alles in Ordnung. Für die, die sich brav ihre tägliche Gehirnwäsche in den inzwischen für die Qualität ihrer Propaganda bekannten Medien abholen, das sind noch rund 60%, gibt es keine Einschränkung der Meinungsfreiheit. Rund 40%, die der Meinung sind, dass man in Deutschland seine Meinung nicht mehr frei äußern kann, sind noch viel zu wenig! Für immer noch zu viele ist J. D. Vance ein Verschwörungstheoretiker, der die Sicherheitskonferenz in München dazu missbraucht hat, seine kruden Ansichten zu verbreiten.

Und dann gibt es die, die mitbekommen, was in Deutschland los ist. Die werden oft erschlagen von den Verstrickungen, Irrungen und Wirrungen, die sich immer mehr zeigen und immer dreister als Selbstverständlichkeit, als das Normalste von der Welt postuliert werden. Für die ist der gesundheitliche Zustand der deutschen Demokratie immer mehr ein Dauerpatient auf der Intensivstation.

Realitätsfremde Energiepolitik, Nordstream kaputt, gut so, kein Interesse an einer Wiederinbetriebnahme;

rückläufige Wirtschaft, zunehmende Firmenpleiten, Abwanderung von Unternehmen;

eklatante Steuergeldverbrennung, Northvolt in die Grütze gefahren, Maskendeals, zur Belohnung das nächste Pöstchen;

einseitige, weglassende Hofberichterstattung mit dem Hang zu Amnäsie;

fragwürdige Gerichtsurteile; Schauprozesse gegen Ballweg, Füllmich und viele andere, Masken, Atteste, Strafzahlungen, Majestätsbeleidigung etc. etc. etc..

Gewalt und Tod durch Messerfachkräfte, es sind ja die Messer, nicht die Menschen, die sie in der Hand haben, transparenter Aufklärungsrückstau;

intellektuelle Beleidigungen durch Schönrederei, man glaubt, die anderen sind noch dümmer als man selbst;

existenzbedrohende Kontenkündigungen, wir machen dich fertig;

politischer Dummschwätz, Wiederholungen, Wiederholungen, Wiederholungen;

Einzug totalitärer Strukturen, wer die Augen aufmacht, sieht sie;

infantile Repräsentanz Deutschlands im Ausland, Abwesenheit von Diplomatie;

Aufstachelung der Bürger, damit sie ja schön kriegsgeil werden, siehe auch Dummschwätz;

Angstpornos, bei ständigem Einlass in Kino 7;

lächerliche Preisverleihungen, armutsfördernde Preiserhöhungen;

zunehmendes Misstrauen gegenüber der eigenen Bevölkerung, der Feind im eigenen Land;

Bevormundung, betreutes Denken, Fühlen, Wollen;

bedrohlich zunehmende Überwachungsanstrengungen, digitale Identität, die als Sicherheit verkauft wird, jedoch nichts anderes ist, als der Versuch der Einrichtung eines Überwachungs-Kontroll-Systems;

nichts, aber auch rein gar nichts hat Konsequenzen, die dazu führen, dass die Verantwortlichen zum Sandkornzählen in die Wüste geschickt werden, damit sie den Rest ihres Lebens beschäftigt sind und kein Unheil mehr anrichten können.

Unaufhaltsam rast der Personal-Zug Deutschland, überfüllt mit Fahrgästen, die meinen, Trump ist verrückt und Putin ist die Personifizierung des Bösen, gezogen von einer mit heißer Luft betriebenen Lok, die von Heizern befeuert wird, die den Kessel unentwegt  mit Angst und Wahnsinn schüren, auf den Berg aus Granit zu, der unweigerlich eine Katastrophe für die Demokratie von ungeahntem Ausmaß verursachen wird. Ständig wird die Strecke künstlich verlängert, indem neue Schienen und Schleifen hinzugefügt werden, statt den Zug rechtzeitig noch zum Halten zu bringen. Die Geschwindigkeit ist inzwischen schon so hoch, dass selbst der Geist, der zu Pfingsten ja ausgeschüttet wird, niemanden mehr erreicht.

Deutschland ist in der Hand von ideologisch vergifteten Versagern zweiter und letzter Wahl und einer verschworenen Gemeinschaft von Universal-Dilettanten, die den Untergang der freiheitlich-demokratischen Grundordnung fest im Zangengriff haben und keinerlei Anstalten machen, diesen wieder lösen zu wollen.

Das Land der Denker und Dichter geht vor die Hunde. Freiheitlich, wirtschaftlich, gesellschaftlich, politisch, rechtlich. Um die Manege sitzen immer noch viel zu viele sogenannte Bürger, die Beifall klatschen, oder sich zumindest einreden, es sei doch weitgehend alles in Ordnung. Bravo! Es ist so unglaublich unterhaltend, sich nach Strich und Faden an der Nase herumführen zu lassen.

Und die, die die Kraft haben, auf diesen Wahnsinn hinzuschauen, die wissen gar nicht, was sie zuerst tun sollen: Heulen, schreien, verzweifelt sein, unentwegt mit dem Kopf schütteln, dagegen anschreiben, wachrütteln, flüchten oder dableiben, sich in Sicherheit bringen?

Die Demokratie und Rechtsstaatlichkeit sind von „Demokraten“ gekidnappt worden, die behaupten, sie würden sie verteidigen. Dabei geht es ausschließlich nur um deren Machterhalt und die Besitzstandswahrung ihrer erbärmlichen Pöstchen, mit einer weiteren Diätenerhöhung von rund 600 Euro im Juli 2025. Deutschland ist zu einem drittklassigen Selbstbedienungsladen verkommen, und es wird unentwegt in die Kasse gegriffen, solange noch was zu holen ist. Und damit das auch noch eine Zeit lang so weitergehen kann, wird Luftgeld produziert und als Sondervermögen deklariert, und damit eine Hypothek geschaffen, die zukünftige Generationen niemals werden ausgleichen können.

Wie gelegen käme da ein Krieg, in dem all dieser menschengemachte Unsinn wertlos wird. Und ein Neuanfang danach wird dann als überragende politische Leistung verkauft, die zum Wohle des Volkes geschaffen wurde, damit ein neues Wirtschaftswunder möglich werden kann. Los, ran, wieder all das aufbauen, das Deppen zuvor in die Tonne gekloppt haben. Uns geht’s ja schon wieder so gut, wir wollen uns wirklich nicht beklagen. Wir haben ja von all dem nichts gewusst. Wir waren ja nur die Opfer einer fehlgeleiteten Politik. Was hätten wir denn tun können? So oder so ähnlich wird dann das eigene Gewissen wieder durch fadenscheinigen Selbstbetrug beruhigt.

Das ganze System stinkt zum Himmel. Unerträglicher Gestank nach Zersetzung und Verwesung, der uns als neuester Schrei der Parfum-Hersteller verkauft wird.

Man kann gar nicht so schnell schreiben, wie man sich aufregen möchte.

Das ist kein Ventil zum Ausdruck der unglaublichen Empörung. Das wäre zu einfach und bedeutungslos. Nein, mit jedem Wort und jedem Artikel und jedem neuen Abonnenten von pareto verbindet sich die Hoffnung, wieder jemanden zum Nachdenken anregen zu können. Damit die Zahl derjenigen, die die Demokratie verstanden haben, von Tag zu Tag größer wird. Damit sich von unten herauf eine geistige Kraft immer mehr entfaltet, die dieses impertinente Lügenkonstrukt zum Einstürzen bringt. Ein Leuchtfeuer muss ständig brennen, wenn Gefahr in Verzug ist. Wenn man so will, ist das Revolution, aber eine geistige und vor allem friedliche. Wenn immer mehr Menschen mutig verstehen, was in Deutschland abgeht, dann nagt das unermüdlich an den künstlich geschaffenen, unmenschlichen undemokratischen Strukturen, die den Stümpern die Macht rauben werden, damit dieses ganze Lügengebäude endlich implodieren kann.

Je lauter Delegitimierung geschrien wird, desto deutlicher tritt hervor, wer für die Delegitimierung der freiheitlich-demokratischen Grundordnung und die Aushöhlung des Grundgesetzes verantwortlich ist.

Deutschland kann nur wirklich in Richtung Souveränität gehen, wenn wir so weit gekommen sind, dass sich das deutsche Volk in freier Entscheidung eine Verfassung (gerne auf Grundlage des Grundgesetzes, das nach wie vor provisorischen Charakter hat) gegeben hat, in der Bürgerbeteiligung und Volksentscheide, gerne nach schweizerischem Vorbild, nicht nur zur Pflicht eines jeden Bürgers, sondern ganz selbstverständlich als notwendiger, alltäglicher Beitrag zur Demokratie fest in den Köpfen der Menschen verankert ist.

Gruß an das Amt für, aus Sicht des Bürgers, Fassungslosigkeit. Wenn ein leidenschaftliches Eintreten für Freiheit und Demokratie, durch berechtigte Kritik an den derzeitigen Verhältnissen, als rechts angesehen wird, dann ist der Autor gerne rechts. Eben ein rechter Demokrat, wie es sich gehört!

Vielleicht leidet der Autor auch an Demokratie-Tourette: Ihr Pfeifen, ihr Pfeifen, ihr Pfeifen! Was habt ihr nur aus unserem Land gemacht. Unserem, hört ihr, nicht eurem!

Der Autor hat fertig (jedenfalls für heute!), Deutschland leider auch.

“Dieser Beitrag wurde mit dem Pareto-Client geschrieben.”

* *

(Bild von pixabay)

@ 2b998b04:86727e47

For years, GitHub has been the default home for open source developers. It built its reputation on transparency, collaboration, and a commitment to giving coders a place to share and improve their work. But since Microsoft's acquisition in 2018, subtle changes have begun to surface—not all of them in service to the user.

GitHub is still free. Public repositories remain free. Even private repositories are free, to a point. GitHub Pages, Actions, and Codespaces offer incredibly powerful tools to build and deploy projects at no cost—until you hit certain usage limits or need team-scale features.

But the deeper question is this: what do you give up in exchange?

Microsoft Doesn’t Give Away Infrastructure for Free

GitHub, VSCode, Copilot, and Azure form a tightly integrated ecosystem. On the surface, it's all about productivity. But underneath, it's about data. Your code trains their models. Your habits inform their products. Your workflows deepen their lock-in.

Take Copilot, for example: it’s not just a coding assistant, it’s a data-harvesting engine built on top of a centralized platform. The more you use GitHub, the more Microsoft knows about what developers are building—and what they might buy.

Free Isn’t Sovereign

As developers, we have to ask hard questions:

• What happens when the free tier disappears or changes?

• Can I take my work elsewhere without breaking my stack?

• Who owns the insights derived from my development patterns?

These questions aren’t hypothetical. We’ve seen them play out with Heroku, Medium, Twitter, and countless others. Free turns into friction. Then friction becomes control.

Alternatives Are Emerging

Thankfully, there are options:

• Codeberg, Gitea, and SourceHut for Git hosting

• Cloudflare Pages for static sites + edge functions

• Railway, Fly.io, or even VPS hosting for dynamic apps

• Nostr and IPFS for decentralized publishing

These aren’t always drop-in replacements. But they represent a healthier direction—one aligned with freedom, transparency, and a proof-of-work ethos rather than a proof-of-data-capture business model.

My Move Away from GitHub (Sort Of)

I’m not deleting my GitHub account. It’s still the best way to reach other devs. But for key projects—especially those that touch on identity, sovereignty, or censorship resistance—I’m migrating:

• Private infrastructure where needed

• Cloudflare for front-end deployments

• Nostr for publishing and archiving

• Git mirroring to open alternatives

Because the tools we use shape the future we build. And if the platform is free, but the product is you—it's time to re-evaluate.

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#ProofOfWork #OpenSource #Cloudflare #DecentralizeEverything #Nostr #GitSovereignty #MicrosoftStack

@ eb0157af:77ab6c55

French authorities have identified a 24-year-old Franco-Moroccan man as the mastermind behind a series of attacks targeting crypto entrepreneurs, including the co-founder of Ledger.

The suspect, Badiss Mohamed Amide Bajjou, was captured in Tangier by Moroccan authorities following an international arrest warrant issued by Interpol.

The arrest marks a major breakthrough in the investigations into a wave of kidnappings that targeted several figures in the French crypto sector. According to Le Parisien, the suspect was wanted for multiple crimes, including armed extortion and kidnapping.

Bajjou is accused of remotely orchestrating a sophisticated criminal network specializing in targeting wealthy individuals in the crypto world. His alleged criminal activity dates back to July 2023, when he began coordinating abductions and extortion attempts against industry entrepreneurs.

The Ledger case and a wave of kidnappings

Among the most shocking incidents was the attack on David Balland, co-founder of Ledger. The kidnappers subjected him to extreme torture, amputating one of his fingers to increase psychological pressure while demanding a €10 million ransom in cryptocurrency. Investigations suggest a direct link between Bajjou and this case.

Another high-profile incident involved an attempted abduction of the family of Pierre Noizat, CEO of Paymium. In May, masked men tried to kidnap Noizat’s daughter, her husband, and their child in broad daylight. Subsequent investigations led to the indictment of 25 suspects, including teenagers and minors.

Capture operation and seizure of evidence

During Bajjou’s arrest, Moroccan authorities seized materials connected to the kidnappings. According to local media, multiple bladed weapons, dozens of mobile phones, and a substantial amount of cash allegedly linked to the criminal activities were confiscated.

International cooperation and the search for accomplices

French Interior Minister Gérald Darmanin publicly thanked Moroccan authorities for their cooperation in the arrest. However, investigations remain ongoing as another Franco-Moroccan man, believed to be the leader of the group and around 40 years old, is still at large. Interior Minister Bruno Retailleau has vowed to track down all those responsible and protect crypto entrepreneurs during meetings with industry leaders.

The post Suspected organizer of France’s crypto kidnapping spree arrested in Morocco appeared first on Atlas21.

@ ea39b0da:29a1710d

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@ 2b998b04:86727e47

Turning 60

Ten years ago, I turned 50 with a vague sense that something was off.

I was building things, but they didn’t feel grounded.\ I was "in tech," but tech felt like a treadmill—just faster, sleeker tools chasing the same hollow outcomes.\ I knew about Bitcoin, but I dismissed it. I thought it was just “tech for tech’s sake.”

Less than a year later, I fell down the rabbit hole.

It didn’t happen all at once. At first it was curiosity. Then dissonance. Then conviction.

Somewhere in that process, I realized Bitcoin wasn’t just financial—it was philosophical. It was moral. It was real. And it held up a mirror to a life I had built on momentum more than mission.

So I started pruning.

I left Web3.\ I pulled back from projects that ran on hype instead of honesty.\ I repented—for chasing relevance instead of righteousness.\ And I began stacking—not just sats, but new habits. New thinking. New rhythms of faith, work, and rest.

Now at 60, I’m not where I thought I’d be.

But I’m more myself than I’ve ever been.\ More convicted.\ More rooted.\ More ready.

Not to start over—but to build again, from the foundation up.

---

If you're in that middle place—between chapters, between convictions, between certainty and surrender—you're not alone.

🟠 I’m still here. Still building. Still listening.

Zap if this resonates, or send your story. I’d love to hear it.

[*Zap *](https://tinyurl.com/yuyu2b9t)

---

@ 9ca447d2:fbf5a36d

President Donald Trump’s media company, Trump Media & Technology Group (TMTG), is doubling down on its Bitcoin bet, partnering with Crypto.com and Yorkville America Digital to launch its own bitcoin exchange-traded fund (ETF), called the Truth Social Bitcoin ETF.

On June 3, a division of the New York Stock Exchange, NYSE Arca, filed a 19b-4 form with the Securities and Exchange Commission (SEC).

This is the final regulatory hurdle before an ETF can be launched. If approved, this new fund will allow everyday investors to buy shares tied to the price of bitcoin, without having to hold the asset themselves.

The Truth Social Bitcoin ETF will track the price of bitcoin and give investors a simple, regulated way to invest in the digital money.

It will be listed and traded on NYSE Arca, and Foris DAX Trust Company (the custodian for Crypto.com’s assets) has been named as the proposed custodian for this new fund.

According to the filings, the ETF is “designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin.”

This is part of a bigger plan by Trump Media to offer a full suite of digital-asset-based financial products.

The company has also applied to trademark six investment products and has plans for additional ETFs under its Truth.Fi fintech platform, which will focus on digital assets and energy sectors.

Trump Media also recently announced a $2.5 billion bitcoin treasury plan and raised $2.4 billion in stock and debt to support its bitcoin initiatives.

Related: Trump Media Will Raise $2.5 Billion to Build Bitcoin Treasury

Now that the 19b-4 has been filed, the SEC has 45 days to approve, reject or delay the application. This can be extended several times, but a final decision must be made by January 29, 2026.

In addition to the 19b-4, Yorkville America Digital must also file an S-1 registration statement. This will outline exactly how the ETF will work, what it offers to investors, how funds will be used, and the risks involved.

Since January 2024, bitcoin ETFs have been all the rage, with over $130 billion in assets. Big players like BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC dominate the space. BlackRock alone has $69 billion in assets through its bitcoin ETF.

Even though Trump’s ETF is entering a crowded field, its name will get attention. The Truth Social bitcoin ETF is expected to generate media buzz, political controversy and divided investor opinions, making it a cultural and financial statement.

Donald Trump is the majority owner of Trump Media, although his shares are in a trust controlled by his son, Donald Trump Jr. The ETF filing doesn’t mention Trump by name, but most people see it as a Trump product.

The President is getting more and more involved in the digital asset space. He has NFT collections, meme coins, a bitcoin mining company, a digital asset wallet, and now a potential bitcoin ETF.

But not everyone is happy. Some argue that a sitting president’s involvement in regulated financial products, especially one that could benefit from political influence, is unethical.

An SEC-approved digital asset product from Trump could blur the lines between politics, personal gain and digital assets.

Others, however, see this as a calculated move to boost Trump’s image and position him as a leader in the digital asset and tech space.

@ b1ddb4d7:471244e7

In today’s digital era, access to financial services remains a privilege for many. Bitcoinization – the mass adoption of bitcoin as a payment medium and store of value – represents a unique opportunity to democratize access to financial services.

Telecommunications carriers occupy a strategic position in this transformation, especially in regions where traditional internet access is limited. However, this aspect remains largely unexplored.

This article seeks to examine how these companies can catalyze this financial revolution by analyzing the Machankura case and the technical possibilities within current communication infrastructure.

The Success Sotry of Machankura

The Machankura project (8333.mobi) emerged to address a common challenge in various African regions: financial exclusion due to limited internet access. Created by South African developer Kgothatso Ngako, the service utilizes the USSD (Unstructured Supplementary Service Data) protocol, supported by virtually all mobile phones, to facilitate bitcoin transactions via 2G and 3G cellular networks.

Machankura – derived from South African slang for “money” – functions as a custodial bitcoin wallet. Through the USSD protocol, users can access the service by dialing short codes (*123*456789#, for example) or sending SMS messages to specific numbers.

When the server receives the code or message, an interactive session between the parties (server-user) begins. This enables users to create bitcoin wallets associated with their phone numbers, protected by multi-digit PINs.

Once registered, users receive a Lightning address (example: 1234567890@8333.mobi) that can be used to receive bitcoin from anyone worldwide. Users can also customize this address to a preferred username, further enhancing privacy.

Currently, Machankura is available in nine African countries, including Nigeria, Tanzania, South Africa, Kenya, Uganda, Ghana, and Malawi. The creator’s objective is to expand the service to all countries across the African continent in the coming years.

The Technical Foundations of Machankura’s Success – USSD

As mentioned, USSD is a protocol embedded in mobile networks and available on virtually all cellular devices. This choice proved crucial for the Machankura project, given that in Africa, more than half of phones sold are not smartphones. Additionally, this protocol offers critical technical advantages:

• Operates without requiring internet access, functioning in areas with poor connectivity.
• Universal compatibility with any mobile phone, including the most basic models.
• Provides real-time interactivity between users and the system.
• Features an intuitive interface already utilized for banking services, customer support, and self-service applications

These advantages have enabled bitcoin to become accessible to a significant portion of the region’s population, with over 15,000 users, according to Machankura’s project creator.

USSD and Connectivity Challenges

The primary technical limitation of USSD manifests in high-connectivity environments (4G, 5G, or higher). As established by the 3GPP (3rd Generation Partnership Project, organization for standardization of mobile networks), the protocol must be recognized by newer generations of cellular networks.

However, this recognition requires a procedure known as inter-technology fallback. For instance, if a user is connected to a 5G network and streaming music, when accessing a USSD service, their connection will downgrade to a 3G (or 2G) network, inevitably interrupting media streaming execution.

IP Multimedia Subsystem (IMS): The Evolution in Telecommunications Services

The solution to connectivity issues with USSD resides within the IMS (IP Multimedia Subsystem), a subsystem within the standardized architecture of newer cellular networks (from fourth generation onwards).

Its objective is to unify access and provision of multimedia services across both mobile and fixed networks. These services include:

• Voice services – such as Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi)
• Video services – such as Video over LTE  (ViLTE) and Video over WiFi (ViWiFi)
• Videoconferencing
• Instant messaging
• Streaming media
• Emergency services
• Interoperability between legacy networks

The New Era: USSI (USSD over IP)

USSI (USSD over IP) represents the solution for service continuity across 4G, 5G, and future networks when utilizing USSD services. This new protocol enhances service quality, increases simultaneous session capacity, provides additional features for recent devices, improves session security, and enables operation without requiring fallback procedures.

Strategic Opportunities for Carriers

Institutional bitcoin adoption is already established, with integration into portfolios of mining companies, exchanges, automobile manufacturers (Tesla), investment funds (BlackRock), financial institutions (Galaxy Digital Holdings), technology companies (including MicroStrategy, MercadoLibre, and Brazilian Meliúz), and even nations such as El Salvador, the United States, and China.

With robust, secure, and extensive infrastructure, telecommunications carriers can implement complex and advanced bitcoin-based financial services, demystifying its use and stimulating adoption.

Strategic partnerships with exchanges and fintechs enhance integrated solutions for entrepreneurs and consumers, such as integration with Lightning Network nodes to enable rapid, low-cost transactions between IoT devices, machine-to-machine (M2M) applications, and point-of-sale (POS) terminals.

The competitive advantages of this approach include:

• New Revenue Streams: Companies can collect fees from simple transactions and provide advanced financial services such as loans, insurance, and investments.
• Customer Retention: By offering innovative services, they can reduce customer churn.
• Vanguard Strategy: Strategic positioning in an emerging high-capitalization market

The Future of Bitcoinization in Telecommunications

The success of the Machankura project unequivocally demonstrates the potential of telecommunications as transformative agents in the mass adoption of bitcoin. As the bitcoin ecosystem consolidates and expands, it is essential that we recognize this opportunity not merely as a new business vertical but as an important step toward strategic positioning at the forefront of a global economic transformation.

Given the extensive reach of existing infrastructure, these carriers can become the primary catalyst for transforming the lives of the unbanked in an unprecedented manner. As we have seen, bitcoin is no longer just a trend; it is a reality. The natural consequence of this reality is bitcoinization, and we have the opportunity to be at the forefront of this emerging paradigm.

@ 472f440f:5669301e

Marty's Bent

via me

"The man in the coma" has been a long-running archetype of a bitcoiner on TFTC and Rabbit Hole Recap. Over the years, we've referenced the man in the coma in regards to bitcoin being a backward compatible distributed network that would enable an individual, in the case of our example - a man who fell into a coma, to be able to wake up many years, even decades, after falling into a deep sleep, go back to his bitcoin node and be able to participate in the network and validate his own transactions as if the network was operating the same it was the day he slipped into a coma. As a distributed network, this is one of bitcoin's greatest value props; consistency for the individual running it, no matter the version.

Having spent 12 years engrossed in bitcoin, thinking about it every day, building a media company focused on educating people about the network and the monetary revolution it enables, why it's important and how they can use it. Becoming a managing partner at Ten31, which is dedicated to investing in companies building out infrastructure that makes bitcoin more accessible and easier to use; "the man in the coma" has become a more prominent archetype in my mind.

"The man in the coma" archetype can be described in other ways. For instance, there was an individual by the name of John Doe, who joined myself and Matt Odell on TFTC about seven years ago who went to jail for four years. He was distributing certain goods on the Silk Road for many years and got nabbed by the police while throwing a house party. Unfortunately for Mr. Doe, the goods he were selling via the Silk Road were in the house hosting the party that got busted. Fortunately for Mr. Doe, the police who nabbed him were not privy to the way in which he was marketing and selling the goods. He went to jail for four years, walked out at the end of his sentence, found his bitcoin wallets, recovered them and was more than pleasantly surprised at the magnitude of his wealth.

The forced hodl that was incited by the state throwing him in a cage wound up paying off after four years. Now, I can certainly admit that time is the most scarce asset in the world. Being put in a cage for four years or falling into a coma for a number of years is not ideal. However, there are lessons to be gleaned from the successes that have been realized by "the man in the coma" and the man who was forced to hodl by being thrown in a cage. Unable to access his bitcoin during that period of time to make less than wise decisions.

The main lesson to be gleaned is that doing nothing is oftentimes significantly more optimal than doing something. Too many bitcoiners decide to make rash decisions influenced by the day-to-day happenings on social media or some one-off comment from someone in their personal life that they respect. These comments can be about the long-term viability of bitcoin itself, some prognostications about where the price is going in a short-term to medium-term time frame or simply the social aspects of being associated with bitcoin. All of these factors play into influencing certain individuals deciding to sell their bitcoin in the hopes of buying it back lower, realizing something material in their day-to-day life or jumping off a ship that they've been convinced is about to sink.

In my mind, the only thing listed above that makes a bit of sense to me is realizing something material in your day-to-day life. Selling some bitcoin to purchase something that makes your life better like enabling you to support your family at a critical time and in a way that would not be possible unless you sold bitcoin. That makes sense to me. However, the other two are completely nonsensical. Bitcoin's success is binary. It either succeeds or it doesn't. And if you accept that this is true, success means slowly but surely becoming the global reserve currency and monetary network used by billions of humans on the planet or it goes to zero.

If the former materializes, that means that billions of people are going to be competing for 21 million Bitcoin. There are, by some estimates, $900 trillion worth of assets that are being used to store wealth over the short, medium, and long term. Bitcoin has the potential to subsume a material percentage of that $900 trillion. In my mind, if bitcoin is as good as I believe it is, it should take at least half of that market, if not 80 to 90%. This in and of itself is a gamble. No one can be certain that this will come true. And with that in mind you have to make a probabilistic bet by surveying the world and discerning what the likelihood of bitcoin's ultimate success is.

If you think governments, central banks, and large corporations are going to continue down the path of unfettered expansion of the monetary base, debt, and misallocation of capital, bitcoin, a peer-to-peer distributed cash system that cannot be controlled by any individual. corporation, country, or central bank makes a lot of sense. The debasement, the debt expansion, and the misallocation of capital are driven by fallible humans working in incentive structures that are vulnerable to the fallible nature of the humans working within them.

Human fallibility brings with it the ability to talk oneself out of a position that one knows makes sense and is logical. This is the disadvantage that those who are not "the man in the coma" or "the man in a cage" operate from. Being forced to hodl bitcoin is already and will increasingly be seen as a relative advantage. Many who are in bitcoin today, paying attention to every headline, every pull request and every doubt flung their way will likely get to 2030 and agree that they made worse decisions than the man who was thrown in a cage or who slipped into a coma.

Of course, this isn't a fair introspective conclusion. The man in the coma and the man who was forced to hodl because he was put in a jail cell did not have a decision at the end of the day. Both were forced to hodl due to external or internal forces that, all else being equal, they would prefer not have had to endure. However, the outcome of these two situations will likely be better than the outcome of "the man in the arena" who thinks that by making decisions on the go as a slew of information comes his way on a day-to-day basis will materialize in a larger stack of satoshis.

The reality of the situation is such that no one truly knows where bitcoin is going to go on a day-to-day, month-to-month, or year-to-year basis. Especially at this point with large institutions, nation-states, corporations, and individual states getting into the fray. The only tried-and-true strategy within bitcoin over the long term is to stay humble, stack sats, and hodl like you are "the man in the coma" or the man who was thrown in a cage.

Bitcoin's Volatility Won't End With Institutional Adoption

Leon Wankum challenged the popular "supercycle" narrative during our conversation, arguing that Bitcoin's volatility isn't going away despite massive institutional adoption. While acknowledging that MicroStrategy now holds over 2% of all Bitcoin and won't sell, Leon maintains that leverage will still need to be washed out. He expects another 60% drawdown at the end of this bull cycle, viewing this as a feature rather than a bug of Bitcoin's design.

"Bitcoin naturally washes out leverage, it builds resilience and we don't go through these crazy boom and bust cycles, we go through bull and bear markets and I think that's a net positive." - Leon Wankum

Leon sees Bitcoin's volatility as fundamentally different from fiat's destructive boom-bust cycles. Where traditional markets require central bank intervention to prop up failing systems, Bitcoin's regular corrections create genuine resilience. Bad actors will always enter during euphoric phases, and the subsequent washouts ensure only strong hands remain. This natural selection process, he argues, is beautiful - it's what makes Bitcoin antifragile.

Check out the full podcast here for more on real estate opportunity costs, Bitcoin bonds, and treasury company risks.

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Headlines of the Day

Romania Adds Crypto Terminals to Post Offices - via X

Musk Claims Trump in Epstein Files - via X

Uber CEO Calls Bitcoin Proven Store of Value - via X

Get our new STACK SATS hat - via tftcmerch.io

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Ten31, the largest bitcoin-focused investor, has deployed $150.00M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.

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Final thought...

The kids really do grow up faster than you expect.

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@ 866e0139:6a9334e5

Autor: Anna Nagel. (Bild: Lukas Karl). Dieser Beitrag wurde mit dem Pareto-Client geschrieben. Sie finden alle Texte der Friedenstaube und weitere Texte zum Thema Frieden hier. Die neuesten Pareto-Artikel finden Sie auch in unserem Telegram-Kanal.

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Die neuesten Artikel der Friedenstaube gibt es jetzt auch im eigenen Friedenstaube-Telegram-Kanal.

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Im ersten Teil von «Mitgefühl und Vergebung» bin ich, um eine Übersicht zu verschaffen, eher auf eine generelle Ebene eingegangen, und wie wir Schuldvorwürfe und Zorn durch Perspektivwechsel entschärfen können. Es ging mehr um die «großen» Themen, die Themengebiete, die unverzeihlich scheinen. In diesem Text möchte ich jetzt einmal näher heranzoomen und am direkten Beispiel einen Weg der Reflexion aufzeigen, der zu überraschenden – und hoffentlich auch für dich – versöhnlichen Ergebnissen führen kann. Denn häufig halten wir an kleineren Situationen und Verletzungen fest, und, obwohl der Verstand «weiß», dass man schon irgendwie loslassen könnte, weiß man manchmal nicht recht wie.

Teil 1 finden Sie hier.

Möchtest du das wirklich?

Vor einiger Zeit tat jemand etwas, das mir schwer zu Herzen ging. Es widersprach meinem Verständnis von Mitgefühl, Anstand, Moral und Freundschaft und obwohl ich nicht direkt angegriffen wurde, verletzte und empörte mich dieses Verhalten zutiefst. Ja, ich war verletzt und ja, ich war wütend. All das fühlte ich durch, akzeptierte es, doch loslassen konnte ich es anscheinend irgendwie noch nicht. Und obwohl ich weiß, dass Heilung Zeit braucht, spürte ich, dass noch irgendetwas fehlte. Irgendwas, was ich noch nicht sah, noch nicht erkannt oder gelernt hatte.

Es kamen mir also immer wieder verärgerte Gedanken in den Sinn und wenn durch irgendeinen «Zufall» das Thema wieder auf den Tisch kam, kam alles wieder hoch. Bis ich die Gedanken samt Gefühlen bis zum Schluss zurückverfolgte.

Ich fragte mich, was ich denn eigentlich wollte; was könnte dazu führen, dass dieser Anteil in mir befriedet wird? Was ist sein Antrieb? Der Anteil wollte nämlich die ganze Zeit über immer mal wieder Aktionen von mir fordern, von denen ich aber nicht den Eindruck hatte, dass es dadurch besser werden würde. Also fragte – besser gesagt stellte – ich diesen Anteil.

«Möchtest du, dass diese Person Schmerz erleidet? Dass es ihr emotional schlecht geht? Sie Reue, Schuld und Scham empfindet? Möchtest du, dass ihr gar Unglück geschieht, dass sie ihren Job verliert, oder ihr Geld? Liebe Anna, möchtest du das wirklich? Was ist das dann? Eifersucht? Neid? Rache? Schadenfreude? Glaubst du wirklich, dass es dir dann besser geht? Möchtest du so sein oder vielmehr: Bist du so? Liebe Wut, ist das deine Absicht?»

Etwas betroffen sah ich mich in mir um und es wurde still. Ein eigentümliches Gefühl breitete sich im Bauch aus. Die Wut war verflogen und es zeigte sich eher eine Mischung aus Scham, etwas Schuld aber auch Demut. Eigentlich wollte ich das nämlich nicht. Eigentlich bin ich nicht rachsüchtig. Und möchte es auch gar nicht sein.

«Nein, ich möchte nicht, dass es der Person schlecht geht», beschwichtigte vorsichtig eine leise innere Stimme, die sich traute die Stille zu durchbrechen. «Eigentlich», fügte sie zaghaft hinzu, «wünsche ich mir, dass sie sieht, wie es mir geht…».

Verstehen und Mitgefühl breiteten sich aus. Berührt bedankte ich mich für die Tiefe und Ehrlichkeit, die dieser Anteil mir entgegen gebracht hatte und nahm ihn innerlich fest in die Arme. «Ich sehe dich, ich fühle dich. Und ich liebe dich».

Gesehen werden

Diese Erkenntnis erinnerte mich an das Thema Anerkennung, das ich im Beitrag «Der Schmerz des Nicht-Anerkanntseins» bereits aufgefasst habe und daher in diesem Text nur kurz erwähne. Wer den Text kennt, weiß, dass ich gerne mit der eigenen Vorstellungskraft arbeite. Also stellte ich mir vor, wie diese Person vor mir steht und meinen Schmerz und mein Leid sieht, spürt und anerkennt. In dieser inneren Situation war ebenfalls keine Wut mehr, kein Impuls zu schreien oder zu argumentieren, zu debattieren. Es war alles gesagt. Es war alles in Ordnung. Wenn wir das Glück haben, dass diese Person erreichbar ist, ist es natürlich heilsam, wenn wir die Möglichkeit haben, ihr unsere Gefühle mitzuteilen. Dafür ist es aber nicht minder wichtig, sich darüber bewusst zu werden, was wir denn eigentlich brauchen. Es geht aber tatsächlich auch allein.

Und ich frage mich, ob es beim Thema Rache generell im Kern darum geht, dass wir uns nicht gesehen fühlen. Dass wir uns stumm und taub und hilflos – möglicherweise gar vollends machtlos – fühlen. Wenn unsere Grenzen verletzt oder überschritten, wenn sie möglicherweise komplett niedergerissen wurden, versucht etwas in uns, sich selbst zu behaupten.

«Du hast deine Kindheit vergessen, aus den Tiefen deiner Seele wirbt sie um dich. Sie wird dich so lange leiden machen, bis du sie erhörst.»

– Hermann Hesse

Manchmal aber können wir es nicht; wir können in einigen Fällen – und wollen in anderen – nicht mit gleicher Kraft zurückschlagen. Sei es, weil die Person nicht erreichbar ist (physisch oder mental) oder weil uns etwas innerlich bremst. Solange aber der Schmerz da ist, solange er nicht gesehen und geheilt wird, wird ein anderer Aspekt in uns immer lauter werden. Er bleibt im Verteidigungsmodus, er will aus der Ohnmacht zurück in die Selbstwirksamkeit. Und so meint er lauter und lauter werden zu müssen, um sich gesehen und gehört zu fühlen. Er meint, er müsse mit gleicher Wucht antworten oder sogar noch lauter werden, um seine Anerkennung zu bekommen – und letztlich seinen Frieden zu finden.

Da ist es diesem Verteidigungssystem schlicht nicht bewusst – oder auch egal –, ob das eigene Verhalten niederen moralischen Impulsen entspringt, «Der andere hat angefangen!», und auch, ob wir uns selbst damit schuldig machen sowie, ob unsere, möglicherweise irgendwann durch Überdruck entstandene Auslebung unserer Wut überhaupt noch die Person trifft, die uns eigentlich einst diese Wunde zufügte, oder ob wir sie auf andere projizieren. Hier bedarf es tiefer Ehrlichkeit mit uns und unseren Gefühlen und Impulsen. 

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DIE FRIEDENSTAUBE FLIEGT AUCH IN IHR POSTFACH!

Hier können Sie die Friedenstaube abonnieren und bekommen die Artikel zugesandt, vorerst für alle kostenfrei, wir starten gänzlich ohne Paywall. (Die Bezahlabos fangen erst zu laufen an, wenn ein Monetarisierungskonzept für die Inhalte steht). Sie wollen der Genossenschaft beitreten oder uns unterstützen? Mehr Infos hier oder am Ende des Textes.

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Schuld und Frieden

Diese Form von Reflexion kann nur auf einer anderen Ebene stattfinden, als der des traumatisierten Anteils. Auf einer, von der aus wir auch sehen können, ob wir uns durch unsere eigene Unversöhnlichkeit schuldig machen.

Ab wann machen wir uns eigentlich selbst schuldig? Sind wir erst Schuldige, wenn wir handeln? Oder bereits, wenn wir jemand anderem Schlechtes wünschen? Gibt es eine «energetische Schuld»? Oder gibt es Schuld überhaupt? Und gibt es «Das Böse»? Sitzt es in jedem von uns? Diese Fragen kann sicherlich nur jedes Gewissen für sich selbst beantworten.

Falls es «Das Böse» gibt, scheint es sich durch unversöhnte Verletzungen in uns hineinzuschleichen oder auszubreiten. Die verletzten Anteile, die eigentlich nur gesehen werden wollen, fungieren als Trittbrett für Wut und Rachegelüste. Sie können im Extremfall als «Entschuldigung» oder Rechtfertigung dienen – oder vielleicht besser missbraucht werden –, endlich auch mal wütend und unmoralisch zu sein. Wenn im extremsten Fall sterbende Kinder im Krieg als Grund hergenommen werden, um auf der anderen Seite der Welt jemanden erschießen zu «dürfen», dann wird es, meinem Empfinden nach, arg düster.

Aber gleich, wo das «Böse» sitzt oder ob es es in Reinform gibt: Wir haben die Wahl. Immer. Unrecht im Außen ist keine Legitimation dafür, selbst Unrecht zu begehen, denn es wäre schlichtweg eine Ausrede. Der Kern unserer Gedanken und Handlungen findet sich in uns selbst. Daher ist es unsere Aufgabe, im eigenen Herzen Frieden zu schließen, unseren Schmerz anzuerkennen, unsere Wunden zu heilen und dem Bösen das Trittbrett zu entziehen, denn – ob es eine gedanklich «energetische» Schuld gibt oder nicht –, eines ist klar:

Wenn wir an Wut, Neid und Rachegedanken festhalten, bleiben wir uns unseres eigenen inneren Friedens schuldig. Ebenso des Anteils an Frieden, den wir in die Welt bringen könnten.

«Wenn wir den Frieden nicht in uns selbst finden, ist es sinnlos, ihn anderswo zu suchen.» – François de La Rochefoucauld

Und wenn das noch schwer fällt, erinnere ich an dieser Stelle noch einmal an die Worte der weisen Frau aus dem ersten Teil: «Dann verzeih dir wenigstens selber deine Unversöhnlichkeit», denn «Mitgefühl beginnt bei uns selbst», – worauf ich im nächsten Teil dieser Reihe näher eingehen werde. Denn niemand von uns ist frei von Schuld; und manchmal ist die schwierigste Aufgabe, sich selbst zu vergeben. Somit sind auch wir auf unsere eigene Gnade, unser eigenes Verständnis und Mitgefühl angewiesen.

Und wer es schafft, sich selbst zu verzeihen, dem wird es auch gleich leichter fallen, anderen zu vergeben.

«Vergeben heißt, einen Gefangenen zu befreien und zu entdecken, dass der Gefangene du warst.» – Lewis B. Smedes

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LASSEN SIE DER FRIEDENSTAUBE FLÜGEL WACHSEN!

Die Genossenschaft ist bereits mitten im Gründungsprozess, in Kürze folgt eine Mail an alle Genossenschafter, danke für die Geduld!

Hier können Sie die Friedenstaube abonnieren und bekommen die Artikel zugesandt.

Schon jetzt können Sie uns unterstützen:

• Für 50 CHF/EURO bekommen Sie ein Jahresabo der Friedenstaube.
• Für 120 CHF/EURO bekommen Sie ein Jahresabo und ein T-Shirt/Hoodie mit der Friedenstaube.
• Für 500 CHF/EURO werden Sie Förderer und bekommen ein lebenslanges Abo sowie ein T-Shirt/Hoodie mit der Friedenstaube.
• Ab 1000 CHF werden Sie Genossenschafter der Friedenstaube mit Stimmrecht (und bekommen lebenslanges Abo, T-Shirt/Hoodie).

Für Einzahlungen in CHF (Betreff: Friedenstaube):

Für Einzahlungen in Euro:

Milosz Matuschek

IBAN DE 53710520500000814137

BYLADEM1TST

Sparkasse Traunstein-Trostberg

Betreff: Friedenstaube

Wenn Sie auf anderem Wege beitragen wollen, schreiben Sie die Friedenstaube an: friedenstaube@pareto.space

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Sie sind noch nicht auf Nostr and wollen die volle Erfahrung machen (liken, kommentieren etc.)? Zappen können Sie den Autor auch ohne Nostr-Profil! Erstellen Sie sich einen Account auf Start. Weitere Onboarding-Leitfäden gibt es im Pareto-Wiki.

@ da8b7de1:c0164aee

Sizewell C atomerőmű – 14,2 milliárd fontos állami beruházás

A brit kormány 14,2 milliárd fonttal támogatja az új Sizewell C atomerőmű megépítését a suffolki tengerparton. A beruházás célja, hogy növelje az ország energiaszuverenitását, elősegítse a gazdasági növekedést, és hozzájáruljon a klímavédelmi célokhoz azáltal, hogy hatmillió otthon energiaellátását biztosítja alacsony szén-dioxid-kibocsátású forrásból.

Főbb pontok:

• A Sizewell C várhatóan 10 000 közvetlen munkahelyet teremt, és további ezreket a beszállítói láncban; az építkezés során 1 500 tanuló is részt vesz majd.
• A projekt a legnagyobb nukleáris beruházás egy generáció óta, és a kormány szerint elengedhetetlen a fosszilis energiahordozók kiváltásához, valamint a villamosenergia-hálózat dekarbonizációjához 2030-ig.
• A Sizewell C a Hinkley Point C mintájára épül, amely jelentős késésekkel és költségtúllépésekkel küzd – emiatt a kritikusok attól tartanak, hogy a Sizewell C is hasonló sorsra juthat.
• A projekt végső költsége még bizonytalan: a hivatalos becslések 20-35 milliárd font között mozognak, de egyes iparági források akár 40 milliárd fontos végösszeget is elképzelhetőnek tartanak.
• A finanszírozás részben állami, részben magánbefektetőktől és a fogyasztók villanyszámláján keresztül valósul meg – utóbbi a Regulated Asset Base (RAB) modell révén, ami várhatóan növeli a háztartások energiaszámláit.
• A beruházás ellenzői – köztük a Stop Sizewell C csoport – szerint a pénzt más, olcsóbb és gyorsabban megvalósítható megújuló energiaforrásokra kellene fordítani, és aggódnak a környezeti hatások, valamint a helyi lakosságot érintő változások miatt.
• A végső befektetési döntés (Final Investment Decision) még nem született meg, annak meghozatalát a nyárra ígérik.

Források::

• bbc.com
• stopsizewellc.org
• edfenergy.com
• gov.uk

@ b1ddb4d7:471244e7

This article was originally published on dev.to by satshacker.

Alright, you’ve built a useful and beautiful website, tool or app. However, monetization isn’t a priority and you’d rather keep the project free, ads-free and accessible?

Accepting donations would be an option, but how? A PayPal button? Stripe? Buymeacoffe? Patreon?

All of these services require a bank account and KYC verification, before you can send and receive donations – not very convenient.

If we only could send value over the internet, with just one click and without the need of a bank account…

Oh, hold on, that’s bitcoin. The decentralized protocol to send value across the globe. Money over TCP/IP.

In this article, we’ll learn how anyone can easily add a payment button or donation widget on a website or app.

Let’s get into it.

Introduction

Bitcoin is digital money that you can send and receive without the need for banks. While bitcoin is extremely secure, it’s not very fast. The maximum transactions per second (TPS) the network can handle is about 7. Obviously that’s not useful for daily payments or microtransactions.

If you’d like to dig deeper into how bitcoin works, a great read is “Mastering Bitcoin” by Andreas Antonopoulos.

Bitcoin vs Lightning

If you’d like to receive bitcoin donations “on-chain” all you need is a bitcoin wallet. You simply display your bitcoin address on your site and that’s it. You can receive donations.

It would look something like this; 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Instead of showing the actual bitcoin address, you can also turn it into a QR code.

However, this is not a recommended solution. Using static on-chain addresses has two major downsides. It lowers privacy for you and your donnors and it’s a UTXO disaster because many small incoming transactions could beocme hard to consolidate in the future.

For donations and small transactions, the Lightning Network is the better option. Lightning allows for instant settlement with fees only a fraction of a cent.

Similar to bitcoin, you have the choice between non-custodial and custodial wallets. This means, either you have full control over your money or the wallet provider has.

Option 1: Lightning Address

With the lightning address feature, you an easily receive donations to an email like address.

It looks like this: yourname@wallet.com

Many wallets support lightning addresses and make it easy to create one. Then, you simple add the address to your donation page and you’re ready to receive tips.

You can also add a link link as in lightning:yourname@wallet.com and compatible lightning wallets and browser wallets will detect the address.

How to get a Lightning Address Fast

Option 2: Lightning Donation Widgets

If you like to take it a step further, you can also create a more enhanced donation checkout flow. Of course you could programm something yourself, there are many open source libraries you can build upon. If you want a simple plug-and-play solution, here are a couple of options:

Name

Type

Registration

SatSale

Self-hosted

No KYC

BTCPay Server

Self-hosted

No KYC

Pay With Flash

Widget

Email

Geyser Fund

Widget

Email

The Giving Block

Hosted

KYC

OpenNode

Hosted

KYC

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SatSale (GitHub)

Lightweight, self-hosted Bitcoin/Lightning payment processor. No KYC.

Ideal for developers comfortable with server management. Simple to deploy, supports both on-chain and Lightning, and integrates with WooCommerce.

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BTCPay Server

Powerful, open-source, self-hosted processor for Bitcoin and Lightning. No KYC.

Supports multiple currencies, advanced features, and full privacy. Requires technical setup and maintenance. Funds go directly to your wallet; great for those seeking full control.

---

Pay With Flash

Easiest for indie hackers. Add a donation widget with minimal code and no KYC. Payments go directly to your wallet for a 1.5% fee.

Setup Steps:

1. Sign up at PayWithFlash.com
2. Customize your widget in the dashboard
3. Embed the code:

1. Test to confirm functionality

Benefits:

• Minimal technical skills required
• Supports one-time or recurring donations
• Direct fund transfer, no intermediaries

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Geyser Fund

Crowdfunding platform. Widget-based, connects to your wallet, email registration.Focused on Bitcoin crowdfunding, memberships and donations.

---

The Giving Block

Hosted, KYC required. Integrates with fiat and crypto, best for nonprofits or larger organizations.

---

OpenNode

Hosted, KYC required. Accept Bitcoin payments and donations; supports conversion to fiat, suitable for businesses and nonprofits.

---

Summary

• Fast, low-code setup: Use Pay With Flash or Geyser Fund.
• Privacy and control: Choose SatSale or BTCPay Server (requires technical skills).
• Managed, compliant solutions: The Giving Block or OpenNode.

Choose based on your technical comfort, privacy needs, and project scale.

I hope this article helped you. If you added bitcoin donations, share your link in the comments and I will send you a few satoshis maybe

@ 97c70a44:ad98e322

When developing on nostr, normally it's enough to read the NIP related to a given feature you want to build to know what has to be done. But there are some aspects of nostr development that aren't so straightforward because they depend less on specific data formats than on how different concepts are combined.

An example of this is how for a while it was considered best practice to re-publish notes when replying to them. This practice emerged before the outbox model gained traction, and was a hacky way of attempting to ensure relays had the full context required for a given note. Over time though, pubkey hints emerged as a better way to ensure other clients could find required context.

Another one of these things is "relay-based groups", or as I prefer to call it "relays-as-groups" (RAG). Such a thing doesn't really exist - there's no spec for it (although some aspects of the concept are included in NIP 29), but at the same time there are two concrete implementations (Flotilla and Chachi) which leverage several different NIPs in order to create a cohesive system for groups on nostr.

This composability is one of the neat qualities of nostr. Not only would it be unhelpful to specify how different parts of the protocol should work together, it would be impossible because of the number of possible combinations possible just from applying a little bit of common sense to the NIPs repo. No one said it was ok to put t tags on a kind 0. But no one's stopping you! And the semantics are basically self-evident if you understand its component parts.

So, instead of writing a NIP that sets relay-based groups in stone, I'm writing this guide in order to document how I've combined different parts of the nostr protocol to create a compelling architecture for groups.

Relays

Relays already have a canonical identity, which is the relay's url. Events posted to a relay can be thought of as "posted to that group". This means that every relay is already a group. All nostr notes have already been posted to one or more groups.

One common objection to this structure is that identifying a group with a relay means that groups are dependent on the relay to continue hosting the group. In normal broadcast nostr (which forms organic permissionless groups based on user-centric social clustering), this is a very bad thing, because hosts are orthogonal to group identity. Communities are completely different. Communities actually need someone to enforce community boundaries, implement moderation, etc. Reliance on a host is a feature, not a bug (in contrast to NIP 29 groups, which tend to co-locate many groups on a single host, relays-as-groups tends to encourage one group, one host).

This doesn't mean that federation, mirrors, and migration can't be accomplished. In a sense, leaving this on the social layer is a good thing, because it adds friction to the dissolution/forking of a group. But the door is wide open to protocol additions to support those use cases for relay-based groups. One possible approach would be to follow this draft PR which specifies a "federation" event relays could publish on their own behalf.

Relay keys

This draft PR to NIP 11 specifies a self field which represents the relay's identity. Using this, relays can publish events on their own behalf. Currently, the pubkey field sort of does the same thing, but is overloaded as a contact field for the owner of the relay.

AUTH

Relays can control access using NIP 42 AUTH. There are any number of modes a relay can operate in:

1. No auth, fully public - anyone can read/write to the group.
2. Relays may enforce broad or granular access controls with AUTH.

Relays may deny EVENTs or REQs depending on user identity. Messages returned in AUTH, CLOSED, or OK messages should be human readable. It's crucial that clients show these error messages to users. Here's how Flotilla handles failed AUTH and denied event publishing:

LIMITS, PROBE, or some other reflection scheme could also be used in theory to help clients adapt their interface depending on user abilities and relay policy.

1. AUTH with implicit access controls.

In this mode, relays may exclude matching events from REQs if the user does not have permission to view them. This can be useful for multi-use relays that host hidden rooms. This mode should be used with caution, because it can result in confusion for the end user.

See Frith for a relay implementation that supports some of these auth policies.

Invite codes

If a user doesn't have access to a relay, they can request access using this draft NIP. This is true whether access has been explicitly or implicitly denied (although users will have to know that they should use an invite code to request access).

The above referenced NIP also contains a mechanism for users to request an invite code that they can share with other users.

The policy for these invite codes is entirely up to the relay. They may be single-use, multi-use, or require additional verification. Additional requirements can be communicated to the user in the OK message, for example directions to visit an external URL to register.

See Frith for a relay implementation that supports invite codes.

Content

Any kind of event can be published to a relay being treated as a group, unless rejected by the relay implementation. In particular, NIP 7D was added to support basic threads, and NIP C7 for chat messages.

Since which relay an event came from determines which group it was posted to, clients need to have a mechanism for keeping track of which relay they received an event from, and should not broadcast events to other relays (unless intending to cross-post the content).

Rooms

Rooms follow NIP 29. I wish NIP 29 wasn't called "relay based groups", which is very confusing when talking about "relays as groups". It's much better to think of them as sub-groups, or as Flotilla calls them, "rooms".

EDIT: Flotilla has migrated to exclusively use "managed rooms" — i.e., fully NIP 29 compliant rooms. Relays without NIP 29 support can still support chat, but all messages will be presented as sent to a single room. I've removed references to unmanaged rooms in what follows.

~~Rooms have two modes - managed and unmanaged. Managed~~ rooms follow all the rules laid out in NIP 29 about metadata published by the relay and user membership. In either case, rooms are represented by a random room id, and are posted to by including the id in an event's h tag. ~~This allows rooms to switch between managed and unmanaged modes without losing any content.~~

Managed room names come from kind 39000 room meta events, ~~but unmanaged rooms don't have these. Instead, room names should come from members' NIP 51 kind 10009 membership lists. Tags on these lists should look like this: ["group", "groupid", "wss://group.example.com", "Cat lovers"]. If no name can be found for the room (i.e., there aren't any members), the room should be ignored by clients.~~

Rooms present a difficulty for publishing to the relay as a whole, since content with an h tag can't be excluded from requests. ~~Currently, relay-wide posts are h-tagged with _ which works for "group" clients, but not more generally. I'm not sure how to solve this other than to ask relays to support negative filters.~~ I have ideas on how to solve this in future iterations of relay-based groups, for example using virtual relays or just a better rooms spec.

Cross-posting

The simplest way to cross-post content from one group (or room) to another, is to quote the original note in whatever event kind is appropriate. For example, a blog post might be quoted in a kind 9 to be cross-posted to chat, or in a kind 11 to be cross-posted to a thread. kind 16 reposts can be used the same way if the reader's client renders reposts.

Posting the original event to multiple relays-as-groups is trivial, since all you have to do is send the event to the relay. Posting to multiple rooms simultaneously by appending multiple h tags is however not recommended, since group relays/clients are incentivised to protect themselves from spam by rejecting events with multiple h tags (similar to how events with multiple t tags are sometimes rejected).

Privacy

Currently, it's recommended to include a NIP 70 - tag on content posted to relays-as-groups to discourage replication of relay-specific content across the network.

Another slightly stronger approach would be for group relays to strip signatures in order to make events invalid (or at least deniable). For this approach to work, users would have to be able to signal that they trust relays to be honest. We could also use ZkSNARKS to validate signatures in bulk.

In any case, group posts should not be considered "private" in the same way E2EE groups might be. Relays-as-groups should be considered a good fit for low-stakes groups with many members (since trust deteriorates quickly as more people get involved).

Membership

There is currently no canonical member list published by relays (except for NIP 29 managed rooms). Instead, users keep track of their own relay and room memberships using kind 10009 lists. Relay-level memberships are represented by an r tag containing the relay url, and room-level memberships are represented using a group tag.

Users can choose to advertise their membership in a RAG by using unencrypted tags, or they may keep their membership private by using encrypted tags. Advertised memberships are useful for helping people find groups based on their social graph:

User memberships should not be trusted, since they can be published unilaterally by anyone, regardless of actual access, so it's better to think of them as "bookmarked groups" or "favorites". Possible improvements in this area would be the ability to provide proof of access:

• Relays could publish member lists (although this would sacrifice member privacy)
• Relays could support a new command that allows querying a particular member's access status
• Relays could provide a proof to the member that they could then choose to publish or not

Moderation

There are two parts to moderation: reporting and taking action based on these reports.

Reporting is already covered by NIP 56. Clients should be careful about encouraging users to post reports for illegal content under their own identity, since that can itself be illegal. Relays also should not serve reports to users, since that can be used to find rather than address objectionable content.

Reports are only one mechanism for flagging objectionable content. Relay operators and administrators can use whatever heuristics they like to identify and address objectionable content. This might be via automated policies that auto-ban based on reports from high-reputation people, a client that implements NIP 86 relay management API, or by some other admin interface.

There's currently no way for moderators of a given relay to be advertised, or for a moderator's client to know that the user is a moderator (so that they can enable UI elements for in-app moderation). This could be addressed via NIP 11, LIMITS, or some other mechanism in the future.

General best practices

In general, it's very important when developing a client to assume that the relay has no special support for any of the above features, instead treating all of this stuff as progressive enhancement.

For example, if a user enters an invite code, go ahead and send it to the relay using a kind 28934 event. If it's rejected, you know that it didn't work. But if it's accepted, you don't know that it worked - you only know that the relay allowed the user to publish that event. This is helpful, becaues it may imply that the user does indeed have access to the relay. But additional probing may be needed, and reliance on error messages down the road when something else fails unexpectedly is indispensable.

This paradigm may drive some engineers nuts, because it's basically equivalent to coding your clients to reverse-engineer relay support for every feature you want to use. But this is true of nostr as a whole - anyone can put whatever weird stuff in an event and sign it. Clients have to be extremely compliant with Postell's law - doing their absolute best to accept whatever weird data or behavior shows up and handle failure in any situation. Sure, it's annoying, but it's the cost of permissionless development. What it gets us is a completely open-ended protocol, in which anything can be built, and in which every solution is tested by the market.

@ b1ddb4d7:471244e7

The Coinbase Lightning Network is Coinbase’s implementation of Bitcoin’s Lightning Network technology, launched in partnership with Lightspark in April 2024. This innovative solution allows users to send, receive, and pay with bitcoin instantly and cheaply directly from their Coinbase accounts.

Think of the Coinbase Lightning Network as the express lane of bitcoin transactions. While regular bitcoin transfers can take 10-60 minutes and cost several dollars in fees, Lightning Network transactions on Coinbase complete in seconds with fees typically under a cent.

Key Benefits of Coinbase Lightning Network:

• Instant transfers: Transactions complete in seconds, not hours
• Ultra-low fees: 0.2% processing fee vs. traditional network fees
• Global reach: Send bitcoin anywhere in the world instantly
• Cost efficiency: 20 times cheaper than traditional credit card fees

Coinbase Lightning Network vs Regular Bitcoin Transfers

Understanding the difference between Coinbase Lightning Network and regular bitcoin transfers is crucial for choosing the right method:

Feature

Coinbase Lightning Network

Regular Bitcoin Transfer

Speed

Instant (seconds)

10-60 minutes

Fees

0.2% + minimal network fee

$5-50+ depending on network

Best for

Small to medium amounts

Large amounts, long-term storage

Availability

24/7 instant

Subject to network congestion

The Coinbase Lightning Network processes transactions “off-chain,” creating payment channels that settle later on the main Bitcoin blockchain, resulting in dramatically faster and cheaper transactions.

How to Send Bitcoin Using Coinbase Lightning Network

Sending Bitcoin through Coinbase’s Lightning option is incredibly straightforward. Follow these step-by-step instructions:

Step 1: Access Your Coinbase Account

1. Sign in to your Coinbase account via web browser or mobile app
2. Ensure you have bitcoin (BTC) in your account balance
3. Navigate to your portfolio and locate your bitcoin holdings

Step 2: Initiate the Lightning Transfer

1. Click “Transfer” then select “Send crypto”
2. Choose bitcoin (BTC) as your asset
3. Enter the amount you wish to send
4. Select Lightning Network as your transfer method

Step 3: Add Recipient Information

1. Obtain the Lightning Network invoice from your recipient
2. Paste the invoice into the recipient field
3. The Coinbase Lightning Network will automatically detect and validate the invoice
4. Review the transaction details carefully

Step 4: Complete the Transaction

1. Verify the amount and recipient information
2. Click “Send” to initiate the transfer
3. Your Coinbase Lightning Network transaction will complete within seconds
4. Both you and the recipient will receive confirmation notifications

How to Receive Bitcoin via Coinbase Lightning Network

Receiving Bitcoin through Coinbase’s Lightning option requires generating a Lightning invoice. Here’s your complete guide:

Step 1: Generate a Lightning Invoice

1. Log into your Coinbase account
2. Navigate to “Transfer” then “Receive crypto”
3. Select Bitcoin (BTC) as the asset you wish to receive
4. Choose “Lightning Network” as your receiving method

Step 2: Create Your Invoice

1. Enter the specific amount you want to receive (required for Lightning)
2. Add an optional description or memo
3. Click “Generate Invoice”
4. Your Lightning Network invoice will appear as both a QR code and text string

Step 3: Share Your Invoice

1. Copy the Lightning invoice text or share the QR code
2. Send this information to the person sending you Bitcoin
3. Remember: Lightning invoices expire after 72 hours
4. Generate a new invoice if the original expires

Step 4: Receive Your Bitcoin

1. Once the sender pays your invoice, you’ll receive instant notification
2. The bitcoin will appear in your Coinbase account immediately
3. No waiting for blockchain confirmations required with Coinbase Lightning Network

Coinbase Lightning Network Fees and Limits

Understanding the fee structure of Coinbase Lightning Network helps you make informed decisions:

• Processing Fee: 0.2% of the transfer amount
• Network Fee: Minimal (typically fractions of a cent)
• Minimum Amount: Varies by region, typically $0.1- 5
• Maximum Amount: Subject to your account limits and Lightning Network capacity

The Coinbase Lightning Network offers significant savings compared to traditional bitcoin transfers, especially for smaller amounts under $1,000.

Troubleshooting Common Coinbase Lightning Network Issues

Even with the user-friendly Coinbase Lightning Network, you might encounter some challenges:

Invoice Expired Error

• Solution: Generate a fresh Lightning invoice
• Prevention: Complete transactions promptly after generating invoices

Transaction Failed

• Cause: Insufficient Lightning Network liquidity or routing issues
• Solution: Try again in a few minutes or use smaller amounts

Can’t Find Lightning Option

• Check: Ensure Lightning is available in your region
• Verify: Update your Coinbase app to the latest version

Address Whitelist Issues

• Problem: Lightning invoices may not work with address whitelisting enabled
• Solution: Temporarily disable whitelisting or contact Coinbase support

The Coinbase Lightning Network transforms bitcoin from a store of value into a practical, everyday payment method. With instant transactions, minimal fees, and user-friendly implementation, it’s never been easier to send and receive bitcoin.

@ 2b998b04:86727e47

In an inflationary system, the goal is often just to keep up.

With prices always rising, most of us are stuck in a race:\ Earn more to afford more.\ Spend before your money loses value.\ Monetize everything just to stay ahead of the curve.

Work becomes reactive.\ You hustle to outrun rising costs.\ You take on projects you don’t believe in just to make next month’s bills.\ Money decays. So you move faster, invest riskier, and burn out quicker.

But what happens when the curve flips?

A deflationary economy—like the one Bitcoin makes possible—rewards stillness, reflection, and intentionality.

Time favors the saver, not the spender.\ Money gains purchasing power.\ You’re no longer punished for patience.

You don’t have to convert your energy into cash before it loses value.\ You don’t have to be always on.\ You can actually afford to wait for the right work.

And when you do work—it means more.

💡 The “bullshit jobs” David Graeber wrote about start to disappear.\ There’s no need to look busy just to justify your existence.\ There’s no reward for parasitic middle layers.\ Instead, value flows to real craft, real care, and real proof of work—philosophically and literally.

So what does a job look like in that world?

— A farmer building soil instead of chasing subsidies.\ — An engineer optimizing for simplicity instead of speed.\ — A craftsman making one perfect table instead of ten cheap ones.\ — A writer telling the truth without clickbait.\ — A builder who says no more than they say yes.

You choose work that endures—not because it pays instantly, but because it’s worth doing.

The deflationary future isn’t a fantasy.\ It’s a recalibration.

It’s not about working less.\ It’s about working better.

That’s what Bitcoin taught me.\ That’s what I’m trying to live now.

---

🟠 If you’re trying to align your work with these values, I’d love to connect.\ Zap this post, reply with your story, or follow along as I build—without permission, but with conviction.\ [https://tinyurl.com/yuyu2b9t](https://tinyurl.com/yuyu2b9t)

@ 2b998b04:86727e47

How I Built a Decentralized CMS with Nostr + GitHub Actions – Part 2

Refinements, resilience, and real-world publishing

---

In Part 1, I shared the first steps of building a publishing stack that puts authors in control — using Nostr for content, GitHub Actions for automation, and GitHub Pages for free, fast hosting.

But that was just the foundation.

In this second installment, I focused on improving the system with better data hygiene, styling consistency, and end-to-end automation — all while keeping things minimal and open-source.

Here’s what changed — and what’s coming next.

---

✅ Key Improvements (Week of June 8)

🔁 1. Deduplication across relays

Nostr relays often echo the same events. In the original version, my script could pull the same article multiple times.\ To fix that, I updated the fetch_articles.py script to:

• Gather events from 8–10 relays concurrently using asyncio

• Flatten the results

• Deduplicate based on event.id

This brought the number of unique articles down from 90+ to around 20 — a huge cleanup win.

---

🏷 2. Tag styling and wrapping

Previously, the tags were unstyled or ran off the edge of the container. Now:

• Tags wrap cleanly and align left

• Each tag has a soft background and spacing (#tag)

• Tags are parsed directly from Nostr ["t", ...] tags

It looks better. It feels more coherent. And it reflects the decentralized ethos — clean, not corporate.

---

📅 3. Proper published_at parsing

Nostr events can include a ["published_at", timestamp] tag. Originally, my site sorted and displayed articles by their created_at time — which was sometimes misleading.

Now, the script:

• Extracts published_at (if present)

• Falls back to created_at if missing

• Uses this value for both sorting and display in index.html

This way, articles appear in the correct order — based on when I intended to publish them.

---

🎨 4. Markdown cleanup and layout polish

Markdown content from Nostr sometimes included extra backslashes (\\) or unparsed characters. I updated the rendering logic to:

• Remove unnecessary escape characters

• Use consistent fonts, spacing, and margins

• Inherit the overall styling from stantonweb.com

Now the articles don’t just work — they feel native to the rest of my site.

---

🤖 5. GitHub Actions automation

This was a big one: enabling daily auto-publishing.

I created a GitHub Actions workflow that:

• Pulls all my kind:30023 long-form articles daily from Nostr relays

• Deduplicates and filters by tag

• Generates one .html file per article and updates the index.json

• Commits the changes back to GitHub Pages — no manual pushing needed

After some token setup troubleshooting (and a wrong known_hosts key 😅), it works beautifully.

You can still run the script manually via:

bash

CopyEdit

./fetch_articles.sh

But now, it’s fire-and-forget. Just post on Nostr — the rest happens automatically.

---

⏱ Total Time Spent (est. 15 hours)

• Saturday (\~5h): initial build, tried sync-based fetch logic

• Sunday (\~5h): rewrote with asyncio, deduplication, cleaned up article objects

• Monday (\~5h): full styling pass, timestamp fixes, token creation, and automation pipeline setup

All running with zero paid infrastructure.

---

🔜 Coming Soon

• 🗂 Pagination: View 10–50 articles per page

• 🗓 Monthly Archives: Top-level by Year → then Month → then article list

• 🧠 RSS Feed: Auto-generate RSS from my npub so any Nostr long-form post becomes a blog feed\ (Bonus: use it to follow others via Primal or standard readers)

---

🙌 Built With

• Nostr (Primal, Damus, etc.)

• GitHub Pages + Actions

• Python (asyncio, websockets)

• A little stubbornness

• A lot of help from ChatGPT (“Dr. C”) 🧠

---

💡 Why This Matters

Most people don’t own their publishing tools.\ Medium can unlist you. Substack can shadowban. Even Ghost requires trust in a hosted instance.

But with Nostr + GitHub, I control the data, the visibility, and the publishing logic.

That’s the future I want — for myself, for others, for truth.

One article at a time.

---

🟧 View live:\ https://andrewgstanton.github.io/blog-stantonweb-site\ 📬 Zap: https://tinyurl.com/yuyu2b9t

@ 9ca447d2:fbf5a36d

CANNES, FRANCE – May 2025 — Bitcoin mining made its mark at the world’s most prestigious film gathering this year as Puerto Rican director and producer Alana Mediavilla introduced her feature documentary Dirty Coin: The Bitcoin Mining Documentary at the Marché du Film during the Cannes Film Festival.

The film puts bitcoin mining at the center of a rising global conversation about energy, technology, and economic freedom.

Dirty Coin is the first feature-length documentary to explore bitcoin mining through immersive, on-the-ground case studies.

From rural towns in the United States to hydro-powered sites in Latin America and the Congo, the film follows miners and communities navigating what may be one of the most misunderstood technologies of our time.

The result is a human-centered look at how bitcoin mining is transforming local economies and energy infrastructure in real ways.

To mark its Cannes debut, Mediavilla and her team hosted a packed industry event that brought together leaders from both film and finance.

Dirty Coin debut ceremony at the Marché du Film

Sponsors Celestial Management, Sangha Renewables, Nordblock, and Paystand.org supported the program, which featured panels on mining, energy use, and decentralized infrastructure.

Attendees had the rare opportunity to engage directly with pioneers in the space. A special session in French led by Seb Gouspillou spotlighted mining efforts in the Congo’s Virunga region.

Dirty Coin builds on Mediavilla’s award-winning short film Stranded, which won over 20 international prizes, including Best Short Documentary at Cannes in 2024.

That success helped lay the foundation for the feature and positioned Mediavilla as one of the boldest new voices in global documentary filmmaking.

Alana Mediavilla speaks at the Marché du Film — Cannes Film Festival

“If we’ve found an industry that can unlock stranded energy and turn it into real power for people—especially in regions with energy poverty—why wouldn’t we look into it?” says Mediavilla. “Our privilege blinds us.

“The same thing we criticize could be the very thing that lifts the developing world to our standard of living. Ignoring that potential is a failure of imagination.”

Much like the decentralized network it explores, Dirty Coin is spreading globally through grassroots momentum.

Local leaders are hosting independent screenings around the world, from Roatán and Berlin to São Paulo and Madrid. Upcoming events include Toronto and Zurich, with more cities joining each month.

Mediavilla, who previously worked in creative leadership roles in the U.S. — including as a producer at Google — returned to Puerto Rico to found Campo Libre, a studio focused on high-caliber, globally relevant storytelling from the Caribbean.

She was also accepted into the Cannes Producers Network, a selective program open only to producers with box office releases in the past four years.

Mediavilla qualified after independently releasing Dirty Coin in theaters across Puerto Rico. Her participation in the network gave her direct access to meetings, insights, and connections with the most active distributors and producers working today.

The film’s next public screening will take place at the Anthem Film Festival in Palm Springs on Saturday, June 14 at 2 PM. Additional screenings and market appearances are planned throughout the year at Bitcoin events and international film platforms.

Dirty Coin at the Cannes Film Festival

Watch the Trailer + Access Press Materials

📂 EPK
🎬 Screener
🌍 Host a Screening

Follow the Movement

Instagram: https://www.instagram.com/dirty_coin_official/
Twitter: https://x.com/DirtyCoinDoc
Website: www.dirtycointhemovie.com

@ b1ddb4d7:471244e7

Why are Stripe Alternatives are growing like mushrooms? When it comes to online payment processing, Stripe has long dominated the conversation.

However, with its complex pricing structure, strict policies and first-world focus, many entrepreneurs and companies are actively seeking viable Stripe alternatives.

Whether you’re a SaaS startup, e-commerce store, or global enterprise, choosing the right payment processor can significantly impact your bottom line and customer experience.

Table of Contents

• Why Consider Stripe Alternatives?
• The Complete List of Stripe Alternatives
• Additional Notable Mentions
• How to Choose the Right Stripe Alternative
• Conclusion

Why Consider Stripe Alternatives?

Before diving into our comprehensive list, it’s worth understanding why businesses are exploring alternatives to Stripe. While Stripe offers robust features and excellent developer tools, some businesses face challenges with pricing transparency, limited global coverage, or specific industry requirements that Stripe doesn’t fully address.

The Complete List of Stripe Alternatives

Based on extensive research and analysis of the payment processing landscape, here are 27 proven Stripe alternatives that could be the perfect fit for your business:

1. Flash – Easiest Bitcoin Payment Solution

Flash is the easiest Bitcoin payment gateway for businesses to accept payments. Supporting both digital and physical enterprises, Flash leverages the Lightning Network to enable fast, low-cost Bitcoin transactions. Launched in its 2.0 version in March 2025, Flash is at the forefront of driving Bitcoin adoption in e-commerce.

2. Lemon Squeezy – The SaaS-Focused Alternative

Dubbed as “acq’d by Stripe,” Lemon Squeezy offers a comprehensive solution specifically designed for digital product sales and SaaS businesses. It provides strong customer support, built-in analytics, and handles payments, subscriptions, global tax compliance, and fraud prevention in one platform.

3. Gumroad – Creator Economy Champion

Gumroad has carved out a niche serving creators and small businesses by providing tools for selling digital products, physical goods, and subscriptions. It’s particularly popular among content creators, artists, and independent entrepreneurs who want to experiment with various ideas and formats. They also open-sourced their code which is quite the ‘chad-move’.

4. Paddle – All-in-One SaaS Commerce

Paddle caters to SaaS and software companies by offering a comprehensive platform with billing, licensing, and global tax handling capabilities. It’s designed to be a complete solution for subscription-based businesses, handling payments, tax, and subscription management in one platform.

5. FastSpring – Global E-commerce Specialist

FastSpring specializes in e-commerce solutions for software and SaaS companies, with a focus on global payments and subscription management. According to TechnologyAdvice, it’s particularly strong for international transactions and helps companies sell more, stay lean, and compete big.

6. 2Checkout – Versatile Payment Solutions

2Checkout (now part of Verifone) offers versatile payment solutions excelling in global payments, subscription billing, and digital commerce. One of the best stripe alternatives as it’s an all-in-one monetization platform that maximizes revenues and makes global online sales easier, supporting over 200 countries and territories.

7. Payoneer – Cross-Border Payment Expert

Payoneer simplifies cross-border payment solutions, offering local payment ease globally with a focus on market expansion and multi-currency support. It’s trusted by small to medium-sized businesses for global payment solutions and international money transfers.

8. Chargebee – Subscription Management Leader

Chargebee is a subscription management platform perfect for SaaS and SMBs, with robust billing and revenue management features. If you were looking for stripe alternatives to setup subscriptions, Chargebee might be right for you. It streamlines revenue operations and helps businesses grow efficiently with comprehensive subscription billing capabilities.

9. Maxio (formerly Chargify) – B2B SaaS Billing

Maxio offers a robust platform for B2B SaaS billing and financial operations, focusing on growth and efficiency for subscription businesses. It’s the most complete financial operations platform for B2B SaaS, bringing core financial operations into one platform.

10. Recurly – Dynamic Subscription Management

Recurly offers dynamic subscription management platform, excelling in churn management and data insights for subscription growth. It’s the only proven platform that expands and protects your recurring revenue with subscription management, recurring billing, and payments orchestration.

11. Braintree – PayPal’s Enterprise Solution

Braintree (by PayPal) provides a versatile global payments platform, integrating multiple payment methods with a focus on conversion and security. It delivers end-to-end checkout experiences for businesses, offering single-touch payments and mobile optimization.

12. PayKickstart – Modern Commerce Platform

PayKickstart offers a modern commerce platform for online billing and affiliates, focusing on revenue maximization and churn minimization. It’s the most complete checkout, recurring billing, affiliate management, and retention solution with global capabilities.

13. PayPro Global – Full-Service E-commerce

PayPro Global offers a full-service eCommerce solution for selling software and SaaS, focusing on global payments, tax compliance, and customer support. It provides flexible solutions with over 70 payment methods and great support for software companies.

14. Shopify Payments – E-commerce Integration

Integrated with Shopify, this service is ideal for SMBs in eCommerce, offering a seamless shopping cart and payment experience. It’s the simplest way to accept online payments, automatically set up for major methods with no fees for some payment types.

15. Square – Versatile POS and Payment Solutions

Square provides versatile POS and payment solutions for small businesses with a strong focus on retail and mobile payments. Forbes Advisor notes it as one of the top alternatives for businesses needing both online and offline payment capabilities.

16. Zoho Billing – Integrated Business Solution

Zoho Billing is an online recurring billing and subscription management solution, ideal for small and medium-sized businesses seeking professional invoice creation, time and expense tracking, and improved cash flow management. Zoho isn’t just competing for stripe alternatives, they offer a ton of other products and services.

17. WePay – Chase Company Integration

WePay, a Chase company, provides integrated payment solutions for ISVs and SaaS companies with customizable payment solutions. It’s designed for platforms like marketplaces and small business tools, offering seamless user experience and fraud protection.

18. QuickBooks Payments – SMB Accounting Integration

This service provides seamless accounting and payment solutions for SMBs and SaaS businesses, featuring real-time tracking and automated bookkeeping. It lets small businesses accept payments online from anywhere with easy integration into QuickBooks accounting.

19. Mangopay – Marketplace Payment Infrastructure

Mangopay offers a modular payment infrastructure for marketplaces and platforms, emphasizing flexibility, global payouts, and AI-powered anti-fraud. It uses flexible wallets built to orchestrate fund flows and monetize payment experiences.

20. Coinbase Commerce – Cryptocurrency Payments

Coinbase Commerce enables businesses to accept payments from around the world using cryptocurrency. It offers instant settlement, low fees, and broad asset support, making it easy for merchants to accept digital currency payments globally.

21. BTCPay Server – Open-Source Bitcoin Processor

BTCPay Server is a self-hosted, open-source cryptocurrency payment processor with 0% fees and no third-party involvement. It’s secure, private, censorship-resistant, and completely free for businesses wanting full control over their Bitcoin payments.

22. Lago – Open-Source Billing Alternative

Lago is an open-source alternative to Stripe Billing and Chargebee, specializing in billing and metering in one place for usage-b

@ 2b998b04:86727e47

Solzhenitsyn Would Have Loved Bitcoin

I didn’t plan to write this. But a comment from @HODL stirred something in me — a passing thought that took root and wouldn’t let go:

\> “Solzhenitsyn would have understood Bitcoin.”

The more I sat with it, the more I realized: he wouldn’t have just understood it — he would have loved it.

---

A Life of Resistance

Aleksandr Solzhenitsyn didn’t just survive the Soviet gulags — he exposed them. Through The Gulag Archipelago and other works, he revealed the quiet machinery of evil: not always through brutality, but through systemic lies, suppressed memory, and coerced consensus.

His core belief was devastatingly simple:

\> “The line dividing good and evil cuts through the heart of every human being.”

He never let anyone off the hook — not the state, not the system, not even himself. Evil, to Solzhenitsyn, was not “out there.” It was within. And resisting it required truth, courage, and deep personal responsibility.

---

Bitcoin: Truth That Resists

That’s why I believe Solzhenitsyn would have resonated with Bitcoin.

Not the hype. Not the coins. Not the influencers.

But the heart of it:

• A system that resists coercion.

• A ledger that cannot be falsified.

• A network that cannot be silenced.

• A protocol that doesn't care about party lines — only proof of work.

Bitcoin is incorruptible memory.\ Solzhenitsyn fought to preserve memory in the face of state erasure.\ Bitcoin cannot forget — and it cannot be made to lie.

---

Responsibility and Sovereignty

Bitcoin demands what Solzhenitsyn demanded: moral responsibility. You hold your keys. You verify your truth. You cannot delegate conscience.

He once wrote:

\> “A man who is not inwardly prepared for the use of violence against him is always weaker than his opponent.”

Bitcoin flips that equation. It gives the peaceful man a weapon: truth that cannot be seized.

---

I’ve Felt This Line Too

I haven’t read all of The Gulag Archipelago — it’s long, and weighty — but I’ve read enough to know Solzhenitsyn’s voice. And I’ve felt the line he describes:

\> That dividing line between good and evil… that runs through my own heart.

That’s why I left the noise of Web3. That’s why I’m building with Bitcoin. Because I believe the moral architecture of this protocol matters. It forces me to live in alignment — or walk away.

---

Final Word

I think Solzhenitsyn would have seen Bitcoin not as a tech innovation, but as a moral stand. Not a replacement for Christ — but a quiet echo of His justice.

And that’s why I keep stacking, writing, building — one block at a time.

---

Written with help from ChatGPT (Dr. C), and inspired by a comment from @HODL that sparked something deep.

If this resonated, feel free to zap a few sats — not because I need them, but because signal flows best when it’s shared with intention.

---

HODL mentioned this idea in a note — their Primal profile:\ <https://primal.net/hodl>

@ cae03c48:2a7d6671

Bitcoin Magazine

Strategy Buys $110 Million Worth of Bitcoin

Strategy has acquired an additional 1,045 Bitcoin for approximately $110.2 million, further cementing its position as the largest corporate holder of Bitcoin as institutional adoption continues to accelerate in 2025.

According to an SEC filing on June 9, the company purchased the Bitcoin at an average price of $105,426 per coin last week, bringing its total holdings to 582,000 BTC. The acquisition was funded through Strategy’s at-the-market (ATM) sales of STRK and STRF preferred stocks.

BREAKING: STRATEGY BUYS ANOTHER 1045 #BITCOIN FOR $110 MILLION pic.twitter.com/PUjgvEUg4B

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

With this latest purchase, Strategy’s average acquisition price across all its Bitcoin holdings has risen to $70,086 per coin. At current market prices of approximately $107,700, the company’s total Bitcoin holdings are valued at $62.8 billion.

The purchase follows recent significant acquisitions by other major corporations, including GameStop’s $513 million purchase of 4,710 BTC and The Blockchain Group’s €60.2 million acquisition of 624 BTC.

The pace of corporate Bitcoin adoption has reached an unprecedented level, with over 100 public companies now holding Bitcoin worth more than $90 billion collectively.

Strategy’s continued accumulation has helped establish a model for corporate treasury diversification that’s being rapidly adopted across industries.

Strategy’s reported BTC Yield, a key performance indicator measuring the year-to-date percentage change in Bitcoin holdings relative to diluted shares outstanding, now stands at 17.1% for 2025.

At press time, Bitcoin trades at $107,700, up 1.78% over the past 24 hours, as the market continues to process this latest institutional development and its implications for broader corporate adoption of Bitcoin as a treasury asset.

This post Strategy Buys $110 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

@ 5d4b6c8d:8a1c1ee3

First day of intentionally doing just one meal (or at least one highly condensed period of eating), but I chickened out on the cold shower. Those are a lot easier after being out in the hot Sun than when you've just woken up and the house is chilly.

How'd you do today stackers? What are you going to do better tomorrow?

https://stacker.news/items/1002208

@ 6c05c73e:c4356f17

Invista na Sua Saúde: O Melhor Retorno é uma Vida Plena

Esqueça dietas milagrosas, suplementos que prometem te tornar o próximo Apolo. E, programas de treino (tais como Crossfit) que dizem fazer a diferença entre escalar o Everest e se abaixar e pegar seu par de tênis.

Muitas pessoas falam em dinheiro, conexões e conhecimento. Mas, nada disso vai funcionar se sua saúde for uma porcaria. Imagina, estar no melhores anos da sua vida e não ter forças para aproveitar nada. Então, pare de ser teimoso e coloque sua saúde no patamar de importância que ela merece!

Tudo o que você precisa é de paciência, ritmo e disciplina. Portanto, nesse artigo. Vou te apresentar como eu invisto na minha saúde e você pode entender se algo do que eu escrever aqui vale a pena para você aplicar na sua vida e obter resultados semelhantes.

Mas, antes de tudo…

Disclaimer

Nada do que eu escrever aqui deve ser levado como regra. Você deve consultar seu médico e nutricionista para entender quais as melhores ações para serem tomadas com base no seu biotipo e necessidade físicas.

Desenvolva seu corpo, seu templo

Se alimente como Sapiens:

Primeiro de tudo, alimentar se de forma correta é a chave. Se você prestar bastante atenção nos alimentos que ingere e nas coisas que bebe. Seu corpo vai te agradecer enormemente. Ele te presenteia com saúde, disposição, força e energia.

Se colocar combustível "ruim", seu corpo vai detectar e vai reclamar… Não tem que seguir essas dietas malucas que a galera prega na internet. Uma dose de bom senso combinado a uma dose de disciplina vão te tornar um velhinho(a) que todos vão admirar no futuro.

Eu já fiz dietas em que comia até 7x ao dia, tomava 3-4 suplementos por dia e no fim de tudo. Entendi uma coisa. Quanto mais natural nossa dieta, melhor. Legumes, frutas, verduras, carne (com moderação), sementes e grãos. Vão fazer seu corpo te pagar os melhores dividendos possíveis em saúde.

Busque o Olimpo, quem sabe acerta as olimpíadas

Se você como eu, é um entusiasta de esportes. Vai saber bem o que quero ilustrar aqui. Em 2015, após um término de relacionamento. Eu me sentia tão sufocado, que eu queria gritar e extravasar o que estava em mim. Peguei um par de tênis e decidi sair para fazer uma caminhada, fiz outra no outro dia, de repente comecei a “trotar” e duas semanas depois eu estava correndo 5 km.

Passados alguns meses, eu tinha me inscrito em uma primeira corrida "só para ver como era". Depois outra e outra. E, assim fui… Mas, eu tinha três ingredientes:

• O foco (correr)
• O combustível (eliminar aquela dor e tensão)
• O lugar (a rua)

E, depois que aprendi isso galera. Eu juro, que destravei muita coisa. Eu participei de campeonatos de levantamento de peso, de xadrez e mais um bocado. Minha meta nunca foi ser uma atleta profissional e viver disso. Mas, eu via mais como um hobbie que me pagava muito bem

Endorfina é boa demais

Então pensa assim:

1. Sem grana? Calce os tênis e vá correr. Tem praças perto da sua casa com equipamentos.
2. Sem ânimo? Arruma alguém para te acompanhar nos primeiro 60 dias. Depois vira hábito.
3. Vida corrida? Vamos definir que 3x por semana é uma lei!

O que não vale é não fazer NADA. Temos muita comodidade e temos que usar isso para o bem. Senão, “seremos velhos de 30 anos”.

Aqui, vale tudo com excecao de duas coisas: Ficar parado e complicar demais as coisas.

Saúde Mental

Aqui é onde separamos os maduros dos nãos. Eu tive que entrar em colapso para entender que cuidar na minha mente era importante.

Por mais que eu tenha lido livros, me preparado de várias formas e tenha sido resiliente. Ninguém, absolutamente ninguém está pronto para lidar com a quantidade de coisas que acontece na nossa vida.

Um terapeuta é fundamental!

Galera, eu faço terapia há 5 anos e foi um salto quântico na minha vida. Quando você passa a conhecer a si mesmo e entender sobre você. Você se torna imbatível! Mas, é um processo lento e doloroso. Você vai visitar cantos e memórias que não são confortáveis. Mas, isso vai te fazer crescer muito além do que jamais imaginou.

Todos nós somos tomados por stress e ansiedade. Ainda mais em um mundo como o de hoje, aonde a informação viaja rápido demais. Você consegue ver conteúdo do fim do mundo, fome e corrupção com alguns cliques de distância.

Vai por mim: -Terapia é o dinheiro mais barato que faço como investimento na vida!

Sua vida vai ser outra. Juro. Comece fazendo uma vez por mês e vá aumentando a medida que achar necessário e puder pagar. O ideal vai variar de acordo com seu momento necessidade. Tem que caber no orçamento também. Senão, vai aliviar uma dor e trazer outra.

Sono de Qualidade:

Eu dormi em cama ruim nos últimos 3 anos da minha vida. E, nesse ano eu investi em uma cama e um travesseiro de qualidade. E, faz totalllllll diferença na vida. O sono ruim, nos deixa stressado e cansados para o resto do dia.

Portanto, te convido a refletir sobre seus equipamentos de descanso. Porque? De nada vai adiantar você: Fazer exercícios, cuidar da alimentação e da sua mente. Se, seu sono estiver quebrado!

Você vai continuar stressado e cansado demais reclamando. Quando fizer um check up sobre isso vai entender na hora o que estou falando e sobre os dois próximos que quero abordar:

• Higiene do sono
• Horário de deitar

Higiene do sono = Deixar tudo o que é eletrônico na sala e parar de mexer neles pelo menos uma hora antes. Deita e vai conversar com seu parceiro(a), leia um livro ou anote coisas em um papel. Vai fazer muita diferença na sua vida.

Horário de deitar = Também faz muita diferença. Se precisa acordar ás 07 da manhã. O ideal é estar na cama 10 horas antes. Ou seja, ás 22:00 já junta tudo e vai pro seu quarto sem distrações. Muita gente dorme e não descansa porque vai se deitar muito tarde e não consegue o sono REM.

Sono regular vai terminar de fechar o ciclo e você vai se tornar mais disposto e com força para fazer o que é necessário. Hoje, em dia para conseguir o que almeja. Não basta somente a mente e o dinheiro. Vai precisar do seu corpo em funcionamento total.

Check-ups e Prevenção

Para concluirmos aqui, é vital fazer exame regularmentes. Não sou médico, mas você deve visitar o seu e agendar bateria de exames periodicamente. E, entender como seu corpo está. Sempre e em qualquer ocasião busque acompanhamento médico antes, durante e pós qualquer atividade esportiva em que se propor.

Apesar de não usar, sou a favor de relógios e aparelhos que possam te ajudar a medir de alguma forma seu progresso e monitorar sua saúde. Toda vez que alguém falar contigo: -Para que vai comprar isso, é caro e é bobagem! Vai lá e compra!

Se a compra, te dar mais vontade de treinar e te ajudar a chegar mais próximo do seu objetivo. Então, eu não vejo como gasto. Vejo como investimento!

Tudo o que puder investir para aumentar e melhorar sua saúde. É uma boa jogada e ignore os críticos. No fundo, eles querem ser como você. Mas, tem muito medo e não conseguem dar o primeiro passo.

Concluindo tudo

Não é café com seu pai, mas uma convesa descontraída de uma pessoa que tentou (e sofreu) várias coisas até chegar em um bom equilíbrio. Fico orgulhoso de poder compartilhar minhas experiências com vocês e se você chegou até aqui. Me sinto honrado em ter sua atenção por tanto tempo. Te agradeço pela sua atenção e convido a compartilhar esse post com quem precisa. Até a próxima.

@ 2b998b04:86727e47

Most of the assets I hold—real estate, equities, and businesses—depreciate in value over time. Some literally, like physical buildings and equipment. Some functionally, like tech platforms that age faster than they grow. Even cash, which should feel "safe," quietly loses ground to inflation. Yet I continue to build. I continue to hold. And I continue to believe that what I’m doing matters.

But underneath all of that — beneath the mortgages, margin trades, and business pivots — I’ve made a long-term bet:

Bitcoin will outlast the decay.

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The Decaying System I Still Operate In

Let me be clear: I’m not a Bitcoin purist. I use debt. I borrow to acquire real estate. I trade with margin in a brokerage account. I understand leverage — not as a sin, but as a tool that must be used with precision and respect. But I’m also not naive.

The entire fiat-based financial system is built on a slow erosion of value. Inflation isn't a bug — it’s a feature. And it's why most business models, whether in real estate or retail, implicitly rely on asset inflation just to stay solvent.

That’s not sustainable. And it’s not honest.

---

The Bitcoin Thesis: Deflation That Works for You

Bitcoin is fundamentally different. Its supply is fixed. Its issuance is decreasing. Over time, as adoption grows and fiat weakens, Bitcoin’s purchasing power increases.

That changes the game.

If you can hold even a small portion of your balance sheet in BTC — not just as an investment, but as a strategic hedge — it becomes a way to offset the natural depreciation of your other holdings. Your buildings may age. Your cash flow may fluctuate. But your Bitcoin, if properly secured and held with conviction, becomes the anchor.

It’s not about day trading BTC or catching the next ATH. It’s about understanding that in a world designed to leak value, Bitcoin lets you patch the hole.

---

Why This Matters for Builders

If you run a business — especially one with real assets, recurring costs, or thin margins — you know how brutal depreciation can be. Taxes, maintenance, inflation, replacement cycles… it never stops.

Adding BTC to your long-term treasury isn’t about becoming a "crypto company." It’s about becoming anti-fragile. It’s about building with a component that doesn’t rot.

In 5, 10, or 20 years, I may still be paying off mortgages and navigating property cycles. But if my Bitcoin allocation is still intact, still growing in real purchasing power… then I haven’t just preserved wealth. I’ve preserved optionality. I’ve created a counterbalance to the relentless decay of everything else.

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Final Word

I still play the fiat game — because for now, I have to. But I’m no longer betting everything on it. Bitcoin is my base layer now. Quiet, cold-stored, and uncompromising.

It offsets depreciation — not just financially, but philosophically. It reminds me that not everything has to erode. Not everything has to be sacrificed to time or policy or inflation.

Some things can actually hold. Some things can last.

And if I build right — maybe what I build can last too.

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If this resonated, feel free to send a zap — it helps me keep writing and building from a place of conviction.

This article was co-written with the help of ChatGPT, a tool I use to refine and clarify what I’m working through in real time.

@ cae03c48:2a7d6671

Bitcoin Magazine

KULR Technology Joins Bitcoin for Corporations, Increases Holdings to 920 BTC

KULR Technology Group, Inc. (NYSE American: KULR), a Bitcoin First Company and global leader in sustainable energy management, announced that it has joined the Bitcoin for Corporations (BFC) initiative, an institutional platform by Strategy and Bitcoin Magazine to promote corporate Bitcoin adoption.

$KULR is proud to join the "@BitcoinforCorporations” initiative by @Strategy and @BitcoinMagazine, strengthening its Bitcoin First approach.
The company now holds 920 BTC, worth $91M, as part of its growing Bitcoin treasury strategy.https://t.co/TZ7tyw1Dsw pic.twitter.com/gK9vDlpkcQ

— KULR Technology (@KULRTech) June 9, 2025

The initiative is  made to support publicly traded companies in integrating Bitcoin into their corporate treasury strategies and balance sheets. Participating organizations gain access to institutional-grade tools, frameworks, and peer networks that support the responsible management and expansion of Bitcoin holdings. KULR’s role as an Executive Member of BFC aligns with its strategy to position Bitcoin as a long-term reserve asset.

“Our commitment to Bitcoin for Corporations reflects a strong conviction in Bitcoin’s long-term value as a monetary asset,” CEO of KULR Michael Mo, commented. “As KULR continues to scale its Bitcoin treasury, we welcome the chance to align with other institutions pioneering this shift in corporate treasury management.”

KULR also has increased its Bitcoin treasury by $13 million, bringing total holdings to 920 BTC, at an average acquisition price of $98,760 per bitcoin. The company’s total Bitcoin investment now stands at $91 million. The latest purchase was made at an average price of $107,861 per bitcoin. Year to date, KULR has delivered a 260% return on its Bitcoin holdings. They use a strategic mix of cash reserves and its At-The-Market (ATM) equity program to fund their acquisitions.

JUST IN: Publicly traded KULR buys an additional 118.6 #Bitcoin for $13 million. pic.twitter.com/PJ29hsOk22

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

On July 25, 2024, at the 2024 Bitcoin Conference, Strategy and Bitcoin Magazine announced the launch of Bitcoin for Corporations, a new initiative designed to help companies integrate Bitcoin into their treasury strategies. The program provides corporate leaders with educational resources, practical tools, and access to a network of peers and experts. It includes a co-branded web platform offering specialized content, newsletters, and success stories, as well as VIP access to events.

“The ‘Bitcoin for Corporations’ initiative is a significant step towards accelerating corporate Bitcoin adoption,” added Co-founder and former CEO of Strategy Michael Saylor. “By combining our expertise, resources and reach, along with Bitcoin Magazine we aim to create a robust platform that educates and supports corporations in implementing Bitcoin strategies.”

This post KULR Technology Joins Bitcoin for Corporations, Increases Holdings to 920 BTC first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 7f6db517:a4931eda

For years American bitcoin miners have argued for more efficient and free energy markets. It benefits everyone if our energy infrastructure is as efficient and robust as possible. Unfortunately, broken incentives have led to increased regulation throughout the sector, incentivizing less efficient energy sources such as solar and wind at the detriment of more efficient alternatives.

The result has been less reliable energy infrastructure for all Americans and increased energy costs across the board. This naturally has a direct impact on bitcoin miners: increased energy costs make them less competitive globally.

Bitcoin mining represents a global energy market that does not require permission to participate. Anyone can plug a mining computer into power and internet to get paid the current dynamic market price for their work in bitcoin. Using cellphone or satellite internet, these mines can be located anywhere in the world, sourcing the cheapest power available.

Absent of regulation, bitcoin mining naturally incentivizes the build out of highly efficient and robust energy infrastructure. Unfortunately that world does not exist and burdensome regulations remain the biggest threat for US based mining businesses. Jurisdictional arbitrage gives miners the option of moving to a friendlier country but that naturally comes with its own costs.

Enter AI. With the rapid development and release of AI tools comes the requirement of running massive datacenters for their models. Major tech companies are scrambling to secure machines, rack space, and cheap energy to run full suites of AI enabled tools and services. The most valuable and powerful tech companies in America have stumbled into an accidental alliance with bitcoin miners: THE NEED FOR CHEAP AND RELIABLE ENERGY.

Our government is corrupt. Money talks. These companies will push for energy freedom and it will greatly benefit us all.

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Microsoft Cloud hiring to "implement global small modular reactor and microreactor" strategy to power data centers: https://www.datacenterdynamics.com/en/news/microsoft-cloud-hiring-to-implement-global-small-modular-reactor-and-microreactor-strategy-to-power-data-centers/

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If you found this post helpful support my work with bitcoin.

@ 623893fc:f8e3eaad

testing something

@ 6c05c73e:c4356f17

Descrição da empresa

A Itaúsa S.A. é uma das maiores holdings de investimentos do Brasil, com um portfólio diversificado que abrange setores estratégicos da economia. Com sede em São Paulo, a companhia é mais conhecida por ser a principal acionista do Itaú Unibanco, a maior instituição financeira privada da América Latina.

Fundada em 1966, a Itaúsa consolidou-se como um veículo de investimento de longo prazo, buscando a criação de valor para seus acionistas através da gestão ativa de suas empresas investidas. Além de sua posição dominante no setor financeiro com o Itaú Unibanco, a holding possui participações relevantes em empresas líderes de outros segmentos.

cotacao itausa

Visão geral da empresa

A Itaúsa S.A. é uma das mais importantes holdings de investimento do Brasil, com uma trajetória de mais de 45 anos marcada pela gestão de um portfólio diversificado e de grande relevância para a economia nacional.

Com um modelo de negócio focado na criação de valor a longo prazo, a companhia se destaca por sua sólida governança corporativa e por uma estratégia de alocação de capital em empresas líderes de setores estratégicos.

Modelo de Negócio e Estratégia:

O core business da Itaúsa é atuar como uma holding "pura", ou seja, seu principal objetivo é a gestão de suas participações acionárias. A companhia busca centralizar as decisões financeiras e estratégicas das empresas que controla ou nas quais possui influência significativa. Sua filosofia de investimento pauta-se pela busca de empresas com:

• Geração de caixa consistente: Foco em negócios maduros e com histórico de rentabilidade.
• Marcas consolidadas e liderança de mercado: Investimento em empresas que são referência em seus respectivos segmentos.
• Potencial de crescimento e geração de valor a longo prazo: Visão estratégica para o desenvolvimento sustentável das investidas.
• Sólida governança corporativa: Comprometimento com a transparência, ética e as melhores práticas de gestão.

Mercado que atua

Como holding, a empresa não atua em um mercado específico. Em vez disso, sua presença se dá de forma indireta através da participação acionária em grandes empresas que são líderes em seus respectivos setores.

Portanto os principais mercados que a empresa atua, são:

1. Setor financeiro (ITUB4)
2. Bens de consumo (ALPA4)
3. Materiais de construção civil e acabamentos (DXCO3)
4. Energia (Copaenergia)
5. Saneamento (Aegea)
6. Infraestrutura e mobilidade urbana (NTS)

Oportunidades que o ativo traz

Estudando melhor a empresa e após lermos o relatório do primeiro trismestre. Entendemos que há dois pontos chaves que vão na nossa visão tornar o ativo bem interessante.

Ponto 1 - Redução da divída líquida

Esse ponto é bem óbvio e fica evidente aqui no gráfico abaixo. Com menos débito para pagar sobre mais dinheiro. Dinheiro esse que pode ser reinvestido em novas aquisições e/ou aumentar participação em outros negócios.

noticias de jcp

Ponto 2 - Reforma tributária aprovada em Janeiro 2025

fundamentos itausa

"O nosso valor de mercado em 31.03.2025, com base no valor da ação mais líquida (ITSA4), era de R$ 102,5 bilhões, enquanto a soma das participações nas empresas investidas a valor de mercado totalizava R$ 135,2 bilhões, resultando em um desconto de holding de 24,2%.

Parte do nosso desconto é explicada por despesas operacionais, financeiras, tributárias (como PIS/COFINS sobre JCP), entre outros fatores. Contudo, a reforma tributária aprovada em janeiro de 2025 eliminará a incidência de tributação sobre o JCP recebido a partir de janeiro de 2027, o que extinguirá essa ineficiência fiscal.

Além disso, empresas como Aegea e Copa Energia estão avaliadas por seus valores contábeis, havendo um descolamento importante em relação ao seu valor justo atual.

Nesse contexto, acreditamos que o atual nível de desconto é maior do que o considerado justo e que o crescimento do desconto no período analisado não reflete adequadamente os fundamentos da nossa estratégia de alocação eficiente de capital e a qualidade e desempenho do nosso portfólio.."

Em outras palavras, a empresa está precificada bema baixo do seu valor patrimonial real. O que entendemos ser um ponto chave para a empresa.

Riscos

Aqui, temos muito pouco a comentar. Pois a empresa está fomentada sobre uma base sólida.

Contudo, a empresa é familiar, com muitos micro sócios pendurados e a maior parte das ações já tomadas.

Catalisadores

• Taxas de juros seguem altas até 2027. Lembrando que ano que vem temos eleições presidenciais.
• Taxas de desemprego devem corroborar em 7% no próximo ano, o que faz uma corrida ao crédito. Aonde o Itaú entra e ganha juros sobre quem toma crédito.
• Estabilidade das empresas que tem sociedade.
• Boa diversificação de portfólio de investimentos.
• Eliminação da incidência de impostos sobre o JCP recebido apartir de janeiro de 2027.

Faq

Quanto rende 1.000 reais em ITSA4?

Considerando um aporte mensal de R$ 1.000 na Itaúsa (ITSA4) ao longo de 30 anos, e assumindo um retorno médio anual de 9% (incluindo valorização das ações e reinvestimento dos dividendos), o investidor poderá acumular aproximadamente R$ 1.702.113 ao final do período

Qual é o preço justo da ação ITSA4?

O preço justo da ação ITSA4 é um assunto complexo, sem uma resposta única e definitiva. Analistas e investidores utilizam diferentes métodos e critérios para determinar um preço justo, e as estimativas podem variar consideravelmente.

Quando o ITSA4 paga dividendos em 2025?

Forma de pagamento: (i) à vista, em dinheiro, no ato de subscrição; ou (ii) mediante compensação de crédito relativo ao dividendo que será pago em 22 de abril de 2025.

Bio

Apaixonado por investimentos e pela transformação que eles podem trazer, a equipe threedolar dedica-se a desmistificar o mundo financeiro e guiar seus leitores rumo à independência financeira. Acreditamos que o conhecimento é a chave para o sucesso nos investimentos.

Disclaimer

Lembre-se: este não é um conselho de investimento. Faça sua própria pesquisa antes de investir. Resultados passados não garantem lucros futuros. Cuide do seu dinheiro!

Referencia

https://api.mziq.com/mzfilemanager/v2/d/afd9200b-9b01-4d1c-bdd9-9b2c1e9b3b4d/5917b593-ac70-0e17-99ec-c1c14cc9ac66?origin=1

https://www.fundamentus.com.br/detalhes.php?papel=ITSA4&h=1

https://tradingeconomics.com/brazil/indicators

@ cae03c48:2a7d6671

Bitcoin Magazine

BitMine Immersion Technologies Buys 100 Bitcoin in First Treasury Acquisition

BitMine Immersion Technologies, Inc., a Bitcoin focused technology company, has taken its first step into treasury accumulation with the open market purchase of 100 Bitcoin. The acquisition marks the launch of BitMine’s formal Bitcoin Treasury business.

JUST IN: Publicly traded BitMine Immersion Technologies bought 100 #Bitcoin for the first time. pic.twitter.com/4PPaFQGMbr

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

The 100 BTC were purchased using funds raised through BitMine’s recent public stock offering, which closed on June 6, 2025. The offering raised $18 million through the sale of 2,250,000 shares at $8.00 per share.

“We are excited to make our first open market purchase of Bitcoin, and expect to make more Bitcoin purchases moving forward,” said Jonathan Bates, Chairman and CEO of BitMine.

BitMine’s Treasury strategy reflects a growing trend among public companies to diversify their balance sheets with Bitcoin as a store of value. The company joins a cohort of firms leveraging proceeds from capital markets to accumulate BTC as a long term asset, echoing broader institutional adoption. 

Based in regions with low-cost energy—including Pecos and Silverton, Texas, and Trinidad—BitMine’s operations span traditional Bitcoin mining, synthetic Bitcoin mining through hashrate financial products, and advisory services for companies seeking Bitcoin-denominated revenues. 

The company’s focus is not only on direct mining but also on offering consulting and infrastructure solutions to other public firms entering the Bitcoin space. Its strategic pivot toward treasury holdings represents a natural extension of its belief in Bitcoin as a core financial asset.

BitMine emphasized in its announcement that the move is just the beginning. The company “expects to make more Bitcoin purchases moving forward,” pointing to a sustained long-term accumulation plan.

With this initial acquisition, BitMine has placed itself among a growing group of companies actively converting capital into Bitcoin—showcasing not only conviction in the asset but a business model structured around it.

This post BitMine Immersion Technologies Buys 100 Bitcoin in First Treasury Acquisition first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 623893fc:f8e3eaad

testing some top secret business

@ b83a28b7:35919450

I posted on nostr last week that I had finally had enough of the fiat job and decided to take action:

nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qyghwumn8ghj7mn0wd68ytnhd9hx2tcqyr604hwzr8vvluvp8y0s42gu4x0e725cetugnh7g293g9cggtpujww6vn8n

I'm going to document my journey from being in a well-established and well-paying fiat job into the unknown world of independent work in freedom tech in a series of articles. Will I end up finding something truly inspiring and fulfilling, while being able to support my family? We'll find out over the course of the next few weeks.

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They say a watched pot never boils, but I’ve discovered a corollary: a watched lay-off never lands. It has now been ten full rotations of this curious planet since I politely asked my SVP to lay me off. The axe remains lodged somewhere in upper-management limbo, perhaps awaiting the proper ceremonial robe or a Procrustean bed that meets quarterly OKR standards.

While the paperwork drifts in the stratosphere, I’ve begun a quiet, delicious rebellion. My calendar, once a Tetris board stacked with 10–12 neon bricks of back-to-back calls, now resembles minimalist art: a single meeting block lounging at 11 a.m., sipping espresso and judging the empty white space around it. When unreasonable requests for road-maps, slide-decks, or seventeen-page AI vision statements arrive, I respond with the calm of a mountain lake: That timeline seems ambitious... shall we refine the scope? The sound you hear is the collective gasp of colleagues who thought the only acceptable answer was Yes, by yesterday.

With those reclaimed hours I’ve slipped into my mad-scientist lab (occasionally also known as sofa in the guest bedroom, or Orange Room) to experiment on MKStack. Imagine a Lego set for nostr clients, only the bricks are pure code and half the instructions are written in the margin of a philosophy book. I’m vibecoding away, torching roughly thirty thousand sats in compute every day as GPUs hum like distant Tibetan bowls. An accountant might call it reckless; I call it tuition for the University of Possibility.

The experiments are already bearing odd fruit. NosFabrica, the health-data-on-nostr project I started with nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqt8pwzkkhhs94e9acgw9jwca9csyl7a4tnpdttu05039um5j7d6xskflc8d and nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3qamnwvaz7tmwdaehgu3wd4hk6tcqyprqcf0xst760qet2tglytfay2e3wmvh9asdehpjztkceyh0s5r9cpvx58v is finally getting the attention it deserves. I've built out a simple prototype for a provider directory, that only lists providers with a "credential" issued by me. I'm polishing the app now, but hope to release it for testing in the next couple of weeks.

Most gratifying of all, I’ve traded status meetings for sideline cheers. My 14-yo son is sprinting toward his final exams and soccer playoffs simultaneously - Hegel might call it thesis and antithesis, I call it Tuesday. Instead of doom-scrolling Microsoft Teams during his matches, I’m barking out instructions to him to stay onside, while curbing my desire to manhandle the incompetent refs for not calling a penalty when he's clearly being roughhoused in the box by 190-lb defenders with neck beards and chest hair.

Here’s an unexpected twist: without the daily psychic smog of corporate urgency, the sky inside my skull has cleared. Ideas that once flickered like fireflies now glow with stadium lighting. I have sketched three chapters of the sequel to 24 (called July 18), and outlined a new creative project called A Muse Stochastic (coming soon). I don’t know which, if any, of these seedlings will grow, but the soil finally feels fertile again.

Do I worry about the math? Of course. The household budget once kept afloat by a predictable salary will soon meet the iceberg of reality. Yet the anxiety is strangely weightless, as though the fear itself got furloughed. Maybe it’s naïveté, maybe faith; either way, the net I cannot see is starting to feel palpable beneath my feet.

Ten days in, the lessons are already crystallizing:

• Silence is space. Remove a dozen meetings and the mind blooms faster than AWS bills.

• Pushback is a spiritual practice. Each gentle “no” to nonsense is a “yes” to sanity.

• Compute credits are cheaper than regrets. I’ll trade a double espresso's worth of GPU time for a shot at building the future any day.

• Presence compounds. One extra hour on the training pitch yields more familial ROI than a dozen performance reviews.

• Uncertainty is a mirror. Stare into it long enough and you start seeing yourself, not your résumé.

Where does this road lead? I genuinely have no clue. The map dissolves about three steps ahead, like one of those old adventure games where the terrain renders just before you walk off a cliff. But every time I inch forward, the ground materializes. The net appears.

Next week, perhaps I’ll report that the corporate guillotine finally fell, or that I’ve secured my first contract, or that my son aced biology while scoring the winning goal. Whatever unfolds, I’ll keep threading these reflections into the loom of “The Net Appears.” After all, an abyss is just an invitation to practice flight.

Until then, may your own invisible nets breeze into view exactly when you need them, and may they be woven from stronger stuff than corporate lanyards.

@ bf47c19e:c3d2573b

Originalna diskusija na reddit.com iz juna 2025

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"Sindrom poremećenosti zbog Bitkoina proističe iz niza zabrinutosti, od pitanja legitimnosti novca, straha da je reč o Ponzijevoj šemi, da je to trojanski konj strane države, da je pomama stvorena za špekulante, do zabrinutosti zbog uticaja rudarenja na životnu sredinu.

Simptomi sindroma poremećenosti zbog Bitkoina (BDS) uključuju odbacivanje svih pozitivnih aspekata povezanih s Bitkoinom uz neodoljivu potrebu da se on prikaže u negativnom svetlu. Sindrom izgleda kao rezultat postepene akumulacije ogorčenja i osećaja da su zakasnili s kupovinom Bitkoina.

Umesto da imaju poniznosti da priznaju da su pogrešili u vezi s Bitkoinom, oni sada posvećuju svoje vreme beznadežnim pokušajima napada na njega i zagovaranju njegovog neuspeha kako bi dokazali da su bili u pravu.

Nije važno ako se više pojedinaca pridruži Bitkoin mreži, ako se pridruže velike kompanije, male zemlje, niti ako globalna plaćanja učini efikasnijim i ako ga korisnici koriste po sopstvenoj volji; oboleli od BDS-a odbijaju da veruju da pojedinci mogu delovati samostalno, već to mora biti neki kult ili potreba za kockanjem.

Ne postoji nijedan argument koji bi mogao promeniti njihovo mišljenje". - The Bitcoin Manual

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Diskusija tokom koje se autor posta usled svog neznanja, pogrešne informisanosti ili čak straha, nepovratno upleo "kao pile u kučine".

Mada moram priznati da su određeni delovi njegovog izlaganja, naročito tačke 7) i 8), najbolje reklame za Bitkoin koje bi svakog racionalnog ekonomskog aktera navele na dugoročnu akumulaciju ovog novog oblika novca. Koji razlozi mogu navesti racionalnog učesnika na tržištu koji sledi svoj interes da ignoriše Bitkoin kao novi oblik novca dok se nalazi u fazi svoje monetizacije?

U svojim odgovorima sam pokušao da mu otvoreno ukažem na apsurdnost i nelogičnost njegovih tvrdnji ali sam nailazio na prilično mršave odgovore koji su se više svodili na puko ponavljanje uobičajenih dezinformacija iz klasičnih medija nego autentično i nezavisno mišljenje ovog korisnika Reddita.

Na kraju sam prestao da odgovaram zato što je postalo besmisleno. Ovekovečićemo ga ovde na Nostru i prepustiti vremenu da bude sudija. Za desetak godina će ova debata završiti u sekciji "Retrovizor" pa će analiza sa decenijske distance biti izrazito zanimljiva.

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Originalni post

1. Zagovornici bitkoina ga lažno predstavljaju kao rješenje za skoro sve probleme i nešto što će stvoriti nekakvu utopiju. Pritom vrše vrlo agresivnu i toksičnu propagandu. Troše svoj već prilično jak finansijski položaj na lobiranje i uticaj na vladu. Tako su uspjeli da Ameriku okrenu da postane žestoko pro-kripto.

2. Petljanje vlada u kripto svijet omogućava im da tempiraju pumpanje i dumpanje bitkoina (ali i drugih kriptovaluta), prethodno obavijstivši one koje žele da obavijeste, što bi vladi dalo još jedan mehanizam da finansijski nagradi one koji rade za nju razne stvari, ili prosto svoju insajdersku vrhušku, koja bi se time mogla bogati na račun svih ostalih.

3. Vlade su sve bliže tome da počnu koristiti novac poreskih obveznika za ulaganje u bitkoin.

4. Bitkoin se predstavlja kao rješenje problema inflacije, a to je samo djelimično tačno. Ako držiš bitkoin duže od 4 godine, bićeš u plusu - tako je bilo barem zasad. Međutim, na kraći rok oscilacije cijene bitkoina su ogromne. Pad od 80% u roku od godinu dana je normalna stvar. A to kad bi se prevelo na standardni ekonomski jezik u kome se priča o inflaciji značilo bi godišnju inflaciju od 400%. Znači bitkoin rutinski ima stopu inflacije od 400%, a vole da prozivaju fiat valute i za mnogo manju inflaciju tipa već od 5% do 10%, to im je kao mnogo.

5. Centralne banke generalno i Fed konkretno, sa svim svojim manama, i uz sve negativne epizode, kad je bila hiperinflacija, istorijski su ipak odigrale i još uvijek igraju pozitivnu ulogu: obezbjeđuju kakvu takvu stabilnost cijena i podstiču veću zaposlenost. To je taj dual mandat feda. Bez centralnih banaka i njihovih intervencija, ekonomske krize bi bile češće i oštrije, a kada se dese, ne bi bilo lakog izlaza iz istih. Trajale bi duže. Bitkoin se protiv centralnih banaka bori. (Ili se bar borio, a sad sve češće odustaje od svojih ideala i sarađuje sa tradicionalnim finansijskim sektorom - što meni ukazuje na to da ti ideali možda nikad nisu ni bili iskreni, već da se narativ prilagođava situaciji, a da je jedino bitno da se u svakom trenutku ima neki narativ koji bi opravdao "number goes up")

6. Jedan od glavnih motora moderne ekonomije je sistem frakcionalnih rezervi koji omogućava bankama da lako daju kredite po relativno povoljnim kamatnim stopama. To ponekad može zaista i dovesti do krize, kad se banke previše opuste, a računaju na Fed ili neku drugu centralnu banku da ih čupa ako upadnu u dubiozu. Tako je bilo 2008. Ali ne treba zbog jedne loše epizode odustati od cijelog tog sistema. Prisustvo jeftinih i lako dostupnih kredita sa niskim kamatnim stopama je jako bitna i povoljna za ekonomiju. Zamislite kad toga ne bi bilo, kad bi ljudi morali za svaku krupnu kupovinu da prvo uštede, pa da onda kupuju u kešu. Niko ne bi mogao kupiti stan prije 50. ili 60. godine. A šta će ti stan sa 50 ili 60 godina?! Porodica se zasniva mnogo ranije. Isto tako, mnoge firme ne bi mogle dobiti kredite za započinjanje ili proširenje poslovanja, što bi usporilo inovaciju i rast produktivnosti. Bitkoin standard koga zagovirnici zagovaraju, podrazumijevao bi mnogo skuplje i teže dostupne kredite, jer tu ne bi bilo mogućnosti za lako uvećavanje novčane mase. Samim tim to bi bilo vrlo nepovoljno za ekonomski rast.

7. Bitkoin bi izazvao i deflaciju cijena (izraženih u bitkoinu, pod pretpostavkom da on postane glavna valuta), koja je takođe vrlo nepovoljna za ekonomski rast. Evo primjera kakve je probleme deflacija svojevremeno izazvala u Japanu: Under deflation, the value of cash increases as time passes. In such a situation, Japanese companies began to cut wages, research and development, and other investments, opting to hold onto cash instead. This tendency, coinciding with the acceleration of the aging population, gradually diminished the competitiveness of the economy and the potential growth rate of the country. The Bank of Japan (BoJ) and the Japanese government has focused on halting the deflation and eventually achieving the 2% inflation target since the early 2000s. However, as deflation persisted, the traditional monetary policy of setting low interest rates to stimulate investment and consumption, which typically causes inflation, became ineffective. This ineffectiveness arose because a nominal rate of 0% effectively meant a positive real rate due to the increasing value of cash. This phenomenon is known as the zero lower bound.

8. Istovremeno, bitkoin (ali samo pod uslovom da bude na putu da postane glavna svjetska valuta) bi izazvao terminalnu inflaciju cijena u svim drugim valutama - tj. njihovu demonetizaciju. Kako bi se bitkoin sve više monetizovao, tako bi se ostale valute, ali i ostali asseti demonetizovali. To bi značilo ogroman transfer bogatstva od onih koji nemaju bitkoin ili kupe kasno, kao onima koji imaju, naročito onima koji imaju mnogo i koji su kupili rano po ekstremno niskoj cijeni. Znači bukvalno, rani vlasnici bitkoina bi se bogatili na račun svih ostalih. I to im je zapravo i cilj. To je jedini razlog zašto toliko promovišu bitkoin - svi ostali narativi, te borba protiv inflacije, te digitalno zlato, te ovo, te ono, su zapravo samo priče i racionalizacije, a poenta je da se nagovaraju svi da nastave kupovati bitkoin, kako bi oni koji su kupili ranije, još više uvećali svoje bogatstvo. Tu činjenicu da bi bitkoin doveo do osiromašivanja svih koji nisu vlasnici bitkoina, prepoznala je Evropska centralna banka u jednom svom članku. Citiraću samo relevantan dio: While most economists argue that the Bitcoin boom is a speculative bubble that will eventually burst, we analyse in this paper the impact of a Bitcoin-positive scenario in which its price continues to rise in the foreseeable future. What sounds intuitively promising or at least not harmful is problematic: Since Bitcoin does not increase the productive potential of the economy, the consequences of the assumed continued increase in value are essentially redistributive, i.e. the wealth effects on consumption of early Bitcoin holders can only come at the expense of consumption of the rest of society. If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers. While previous discussions on the redistributive effects of Bitcoin assumed that badly timed trading was a necessary condition for losses, this paper shows that neither poor timing of trades nor holding Bitcoin at all are necessary for impoverishment under a Bitcoin-positive scenario.

9. To bi naravno uvećalo nejednakost u svijetu koja je ionako već sad ogromna, i prenijelo bi nejadnakost kakva vlada u samom bitkoin ekosistemu na cijeli svijet. A nejednakost koja vlada u bitkoin ekosistemu je toliko ekstremna da je to teško uopšte i zamisliti. Navešću samo par podataka (iz ovog izvora: bitinfocharts.com/top-100-richest-bitcoin-addresses.html ) 0,03% najbogatijih bitkoin adresa (ili brojem: 18.651 adresa), drže 60,93% cjelokupne količine bitkoina. Sad zamislite da bitkoin postane dominantan oblik bogatstva u svijetu. Znači manje od 20.000 ljudi bi držalo preko 60% kompletnog svjetskog finansijskog bogatstva. Drugi podatak: 23.835.989 najbogatijih bitkoin adresa drži 99,97% cjelokupne količine bitkoina. Ili prostim jezikom, 24 miliona adresa, drže praktično SAV BITKOIN. Nećemo se zamajavati sa onih preostalih 0,03% bitkoina. To se može slobodno zanemariti. Znači sve što ima bitkoina u svijetu je u rukama 24 miliona ljudi. (A od toga preko 60% u rukama manje od 20.000 ljudi). Gdje smi mi ostali u svemu tome? Nema nas!!! Šta je sa 8.2 milijarde ljudi u svijetu? Ništa! Ko ih j... 24 miliona je samo 0,29% svjetske populacije. Tako da ako bi bitkoin zavladao - 20.000 ljudi bi držalo većinu svjetskog finansijskog bogatstva, 24 miliona bi imalo neke kao mrvice, a svi ostali, ne bi praktično imali NIŠTA. Nula. Nada. Sad naravno, promoteri bitkoina će reći kako meni račun nije dobar, jer su neki od najvećih vlasnika bitkoina kripto berze i ETF fondovi, i firme kao Strategy, koje su u vlasništvu velikog broja ljudi, pa je zapravo, po njima distribucija mnogo bolja nego što se to čini. Donekle su u pravu. Ali samo donekle. Ti isti zagovornici će preskočiti činjenicu da postoje i procesi koji čine da je distribucija zapravo još gora nego što se čini. Šta ako mnogi krupni vlasnici (whale-ovi) drže svoj bitkoin, ne na jednoj, nego na više adresa? A to je vrlo česta strategija, jer se plaše, ako slučajno izgube pristup jednoj adresi, ili im neko hakuje wallet ili se nešto desi... izgubiće samo dio bogastva, jer su rasporedili svoj bitkoin na možda desetak i više različitih adresa. Tako da, mogao bi se napraviti i case, da je taj mali broj najbogatihih bitkoina adresa zapravo u rukama još manjeg broja ljudi. Obe tendencije su donekle tačne. Procjenjuje se da institucije, vlade, fondovi, firme i na kraju sam Satoshi Nakamoto, drže ukupno 43% ukupne količine bitkoina. I za tih 43% (osim Satošijevog dijela), bi se možda moglo pretpostaviti da imaju malo bolju distribuciju, jer jedna adresa pokriva veći broj ljudi. Preostalih 57% drže pojedinci. U tom dijelu što drže pojedinci, vjerovatno gotovo cjelokupnu količinu drže krupni vlasnici - whaleovi, a svi ostali neku mizeriju. Bilo kako bilo, raspodjela bogatstva u bitkoinu je ekstremno nejednaka, i ako bi bitkoin postao jedan od dominantnih svjetskih oblika bogatstva, ta nejednakost iz tog ekosistema bi se prelila na cijeli svijet, što bi bilo poprilično distopijski.

10. Ovih 9 tačaka su moje glavne kritike bitkoina, ali bi se na njih mogle dodati i još neke kao što su problem potrošnje struje (koji je ipak donekle riješen halving mehanizmom, i zato bitkoin neće nikad trošiti mnogo više struje nego sad), problem elektronskog otpada, širenje raznih scamova, ransom napadi, i generalno širenje vrlo problematičnog, materijalističkog pogleda na svijet u kome je bitkoin ultimativni statusni simbol (barem u toj zajednici koja za sebe kaže da je orange pilled), a grozničavo štekanje satošija (stacking sats) i držanje istih (hodling), postaje smisao života.

11. Na kraju iznosim kritiku, koja se odnosi na razloge koji će najvjerovatnije dovesti i do ultimativnog pada i kolapsa bitkoina, zbog čega ćemo, nadam se, izbjeći distopijske scenarije o kojima sam govorio u prethodnim tačkama. Naime, bitkoin, sam po sebi, nije ništa posebno. Komplikovan je, nezgodan za korištenje, online novčanici mogu da se hakuju, pare koje se drže na kripto berzama mogu da nestanu, da budu ukradene, transakcije se ne mogu stornirati, ako se zezneš pa pošalješ na pogrešnu adresu, nepovratno si se zezno. Transakcije su skupe i nisu instantne, a kako pada reward majnerima, u budućnosti će izgledno biti još i skuplje. Layer 2 rješenja kao što je Lightning, ne mogu u potpunosti da riješe scaling problem i nisu jednako pouzdane kao glavni blokčejn. Na kraju, glavni zvanični value proposition bitkoina, to da je on dobar "čuvar vrijednosti" u praksi se pokazao jako loše. Kao prvo, imovina koja redovno trpi pad cijene od 70-80% ne može nikako biti dobar čuvar vrijednosti, sve i da se ti gubici na kraju nadoknade (kao što je dosad bio slučaj). Kao drugo, na dugi rok, bitkoin da bi bio dobar čuvar vrijednosti, ljudi moraju trajno da nastave da mu pripisuju visoku vrijednost, i čitava mašinerija majnera i nodova mora da nastavi u nedogled, danonoćno da radi i troši struju, samo da bi bitkoin uopšte nastavio da postoji. To ga čini veoma, veoma, krhkim na dugi rok, i to znači da je on, recimo, u odnosu na zlato, na dugi rok, neuporedivo lošiji čuvar vrijednosti. Zlato jednom kad imaš, imaš ga... ne treba mu nikakvo održavanje, ne mora postojati čitava skupa i energetski intenzivna infrastruktura da ga podržava. Zlato je samodovoljno. Osim toga, zlato ima i određenu intrinzičku vrijednost koja znači da nikad neće biti besplatno, sve i kad bi se ljudi odlučili da štede u nečemu drugom. Zlato je faktički rijetko i dragocijeno i ne traži nikakvo održavanje. Bitkoin sve to nije. Nema nikakvu intrinzičku vrijednost, i sva mu vrijednost dolazi od one vrijednosti koju mu ljudi pripisuju. Pritom zahtijeva konstantno energetski intenzivno održavanje. I na kraju čemu sve to? Da bi ponudilo neku finansijsku uslugu lošeg kvaliteta, bez osiguranja, sa redovnim padovima od 80% itd... Ljudi budite ozbiljni. Niko zapravo ne drži bitkoin radi štednje i kao neki čuvar vrijednosti. Zvanični value proposition (store of value, digital gold), je obmana i šarena laža. Međutim, postoji PRAVI, nezvanični value proposition kod bitkoina, a to je "number goes up". To je JEDINI PRAVI RAZLOG ZAŠTO LJUDI ZAPRAVO KUPUJU BITKOIN. Taj value proposition, koji bismo mogli nazvati raznim imenima kao što su "number goes up", "to the moon", ili prosto "moon narrative" je osnovni razlog zašto ljudi kupuju bitkoin. A on ne može da traje vječno. Da bi raniji investitori mogli da nastave da profitiraju i da se bogate, moraju stalno ulaziti novi investitori i ulagati sve veće i veće količine novca. To funkcioniše kao piramidalna ili ponci šema (Iako se ne radi o bukvalnoj ponci prevari). Što je veća cijena bitkoina, to su veći ulozi potrebni da bi se ona mogla nastaviti pumpati. Već vidimo da je svaki novi četvorogodišnji ciklus sve slabiji i slabiji od onih prethodnih. Rast je sve sporiji. Bliži se trenutak u kome više niko neće vjerovati pričama da je još rano "We're so early", niti da se neko novi ko sad ulazi u to sve, od toga zaista može obogatiti. Samim tim "moon narrative" postaje sve manje i manje kredibilan. A kad moon narrativ padne, pada i bitkoin, jer je on zapravo sve vrijeme i bio njegov jedini pravi value proposition. Bitkoin nije dobar čuvar vrijednosti, nije user friendly, ne pruža nikakvo osiguranje, i niko ga ne bi kupovao bez tog moon narrativa, jer postoje mnogo bolji finansijski proizvodi koji omogućavaju mnogo brže i jeftinije transakcije, koje su pritom osigurane, i bolji store of value.

Dakle kao zaključak, bitkoin će ili uspijeti ili propasti. Ako uspije, izvjesno je da će dovesti do distopije, ekstremne nejednakosti i do mnogo lošijeg stanja ekonomije nego što je to danas slučaj.

Ipak, mislim da je mnogo veća šansa da će propasti jer je njegov jedini pravi value proposition, a to je moon narrative, matematički i fizički neodrživ, a postoje mnogo bolje alternative, ako gledamo na bitkoin kao na neku pravu finansijsku uslugu.

U tom padu bitkoina, neki će izaći na vrijeme, biti u plusu, neće biti trauma, neki će izaći prekasno, izgubiće dosta, neki će ući onda kad treba izaći, pa će izgubiti sve, itd... U svakom slučaju, to će biti dosta nezgodan period za vlasnike, i dovešće do mnogo razočarenja. Ali kad se to sve završi, svijet će postati malo mudriji i iskusniji, i ostavićemo iza sebe još jednu veliku finansijsku iluziju, koja je potencijalno mogla dovesti i do velike distopije.

Odgovori

@BTCSRB: Odgovoriću kratko samo na deo o navodnom negativnom uticaju na ekonomiju iz razloga što ljudi ne žele da troše novac kojem vremenom raste vrednost. Ovo je lažna ekonomska dilema. Zašto? Zato što se ova dilema postavlja samo ako imate previše fiat novca. Ako je jedini novac koji imate Bitkoin (što bi u slučaju hipotetičkog scenarija da je BTC glavna svetska valuta bila uobičajena praksa), ova dilema praktično ne postoji jer bi onda po definiciji stvari morali da trošite.

Jer ako je BTC sve što imate, onda nije dilema da li treba da trošite BTC već da li UOPŠTE treba da trošite?

Logika trošenja Bitkoina

Što se tiče nejednakosti raspodele Bitkoina, mislim da će biti prosvetljujuće da pročitaš ovaj tekst.

Da li je raspodela Bitkoina pravična?

Ako imamo novac rođen na slobodnom tržištu, u slobodnom društvu, koji treba da zameni fiat novac, onda on ne može biti ravnomerno raspoređen od samog početka dok istovremeno svi ljudi cene njegovu vrednost – nužno mora proći kroz period kada ga samo nekolicina ljudi vrednuje.

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hn-mc: Zato po meni bitkoin i nema legitimitet.

Ako se pravi neka nova valuta, treba da svi mogu na početku da je kupe po istom kursu, i da svi istovremeno pređu na nju, kao što su Švabe zamjenile marku evrom, po fiksnom kursu.

Rađanje novca na slobodnom tržištu nije normalna stvar. Novac su uvijek ili plasirale države, ili je on bio prirodan, koji je već imao neku prirodnu raspodjelu, tipa začini, so, zlato, srebro.

A praviti vještački novac, i da pritom ti nisi nikakva vlast, i nuditi ga na početku nekima praktično za džabe, a da ga kasniji neki plaćaju sa 100.000 USD i više, to za moj pojam nema legitimitet da bude novac.

To mi više liči na skupljenje znački ili poštanskih markica, koje mogu igrom slučaja kod kolekcionara da dosegnu astronomsku vrijednost.

Nadam se da kontaš da nije normalno, da se neka nova valuta uspostavlja na način da se ljudi na nju prebacuju po ekstremno različitim uslovima.

Po meni da bi kripto imao neki legitimitet, mora postojati duži period na početku, tokom koga mora biti svima omogućeno da dobiju istu količinu, ili makar da plate po istoj cijeni, znači da uđu po istim uslovima.

Zato mi je recimo onaj projekat worldcoin dobar po pitanju raspodjele, jer bi tu svako dobio na početku istu količinu. Druga je stvar što mi se ne sviđa to što skeniraju oči, s tim distopijskim forama su upropastili dobru ideju po pitanju distribucije.

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@BTCSRB: O svemu što si nabrojao su Bitkoineri odavno već diskutovali. Taj tekst sam danas preveo upravo zbog tvojih navoda. Taj hipotetički scenario je takođe razrađen u tekstu (koji evidentno nisi pročitao), šta bi se desilo kada bi svi istovremeno prešli na njega po istom kursu ali da ne postoji obaveza držanja i plaćanja poreza u tom novcu kao što je to slučaj sa fiat novcem (nemačkom markom)?

"Šta će se desiti? Neki ljudi će ga visoko vrednovati, a neki neće – ljudi koji ga visoko vrednuju kupiće ga od onih koji ga ne vrednuju. I šta nam onda ostaje? Mali deo sveta koji veruje u ovaj novac i sada poseduje većinu ponude.

Čekajte, zar nije upravo to slučaj sa Bitkoinom? Zar se ljudi nisu baš zbog toga žalili?

Kada je Bitkoin u pitanju, većina nas je imala otprilike jednak pristup početnim novčićima. Svi su mogli da rudare, a novčići su u početku bili gotovo bezvredni. Rani korisnici su trgovali troškovima električne struje, svojim vremenom i trudom u zamenu za novoizrudarene bitkoine."

Dakle, opet bismo došli na isto zato što bi ponovo veći deo novčića završio u rukama manjine koja je najviše u njega verovala.

Ponovo citiram:

"Drugim rečima, ponuditi ravnomernu raspodelu od samog početka je suštinski isto kao i ponuditi podjednake šanse za sticanje bitkoina.

Ako imamo novac rođen na slobodnom tržištu, u slobodnom društvu, koji treba da zameni fiat novac – onda on ne može biti ravnomerno raspodeljen od početka, a da ga svi ljudi istovremeno vrednuju. Neminovno mora proći kroz period kada ga samo nekolicina ljudi vrednuje."

Dakle, kako god okreneš, koliko god svima podelio istu količinu na početku, neminovno će doći do koncentracije vlasništva jer je nemoguće da svi vrednuju novi novac na isti način.

Da li se tebi čini nenormalnim da novac nastane na slobodnom tržištu je potpuno subjektivno.Činjenica je da se tako nešto sa Bitkoinom desilo, a ne da li je "normalno". A ni BTC nije prvi takav slučaj u istoriji jer su se neke druge stvari koristile kao novac pre zlata pa ih je zlato na slobodnom tržištu potisnulo kao kvalitetniji novac. Sami ljudi su prvi koristili zlato kao novac, tek nakon toga su vladari urezali svoj lik na kovanice i izdavali ih, a ne obrnuto. Oni koji su batalili perle i među prvima prešli na zlato su svakako mnogo bolje prošli od onih koji su tvrdoglavo držali perle do samog kraja.

Bitkoin niko nikome nije nudio "za džabe" pošto centralni izdavalac ne postoji, već je svako morao da ga rudari i da potroši određenu količinu energije. Zašto ti i ja nismo rudarili kada smo prvi put čuli za BTC? BTC košta koliko košta zato što se, kao što si i sam rekao, nalazi u fazi monetizacije pa je prirodno su rani korisnici profitirali više od kasnijih korisnika. Takav je slučaj istorijski bio i sa zlatom, npr. Kina je mnogo izgubila što se tvrdoglavo držala srebra kada su gotovo sve države usvojile zlatni standard.

I to zlato je krenulo kao "collectible" i nije odmah postalo novac već je imalo svoj razvojni put: 1) kolekcionarski predmet, 2) skladište vrednosti, 3) sredstvo razmene, 4) obračunska jedinica. Po mom dubokom uverenju se BTC nalazi u fazi broj 2.

To sa Worldcoinom je viđeno i kod nas: koliko ljudi još uvek drži one besplatne akcije Telekoma, NIS-a, Aerodoroma itd. Tako se npr. pokojni najbogatiji Čeh Petr Kelner obogatio jer je devedesetih otkupljivao vaučere tokom tamošnje privatizacije koje je u to vreme malo ko vrednovao, kao i važnost i buduću vrednost akcija tih preduzeća.

Worldcoin se, uprkos "pravičnoj distribuciji" nalazi na -90% od svoje rekordne vrednosti uz oko 1.6 milijardi novčića u opticaju što je samo mali deo ukupne buduće količine od 10 milijardi jedinica. Šta je dakle sa preostalim novčićima, kome će oni biti podeljeni i kako? Inflacija ponude tek predstoji pošto će se količina tog novčića u opticaju i više nego ušestostručiti. Zašto Wordlcoin ili neki drugi kripto nije dostigao ni blizu vrednosti Bitkoina ako je suština u "pravičnoj i ravnomernoj raspodeli"? Čak i Ethereum se na početku rudario i nije bio ravnomerno raspoređen pa je i dalje druga najvrednija kriptovaluta.

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hn-mc: Fora je u tome što prelazak na novu valutu treba da bude javna i široko poznata stvar. 2009. niko nije znao za bitkoin osim malobrojne zajednice entuzijasta.

Takođe što se tiče ovoga "šta bi se desilo kada bi svi istovremeno prešli na njega po istom kursu ali da ne postoji obaveza držanja i plaćanja poreza u tom novcu kao što je to slučaj sa fiat novcem (nemačkom markom)?" - tvoj odgovor na to pitanje nije tačan iz prostog razlog što ako bi SVI na to prešli po istim uslovima, znači da bi on od starta imao većinsku podršku, i SVI ti koji su ušli po istim uslovima bi ga prilično jednako i vrednovali. Ne bi on tada završio u rukama neke manjine koja ga više vrednuje kao što ti pretpostavljaš.

Jer ljudi da nisu vjerovali u njega, ne bi ni prelazili na njega, prosto jednostavno.

Ja uvođenje neke alternativne valute koja bi bila ozbiljna i legitimna, zamišljam na način da se to unapred najavi, dobro izreklamira, da ljudi znaju za to, i da možda čak ima i neku instutucionalnu podršku na međunarodnom nivou, ako ne samih Ujedinjenih nacija, barem neke jake i kredibilne međunarodne organizacije, npr. Transparency International, ili nešto tog tipa. I taj period ulaska po istim uslovima bi morao trajati bar godinu dana, što bi vodilo stabilizovanju cijene.

E onda, nakon toga, kad ta godina prođe, naravno da bi došlo postepeno do fluktuacija cijene i raslojavanja, ali tad to ne bi bio problem, jer bi se moglo zaista pošteno reći da su svi ušli po približno istim uslovima, i bili obavješteni na vrijeme, i znali o čemu se radi, što kod bitkoina uopšte nije bio slučaj.

Npr. zbog odsustva regulative, nedostupnosti kripto berzi kod nas, itd... sve do 2015. kod nas je bilo to vrlo teško kupiti. Što se rudarenja tiče, na početku si morao za početak znati da to uopšte postoji. A čim se to malo proširilo više nisi mogao to raditi na običnom računaru, znači morao si raditi neka ulaganja ozbiljnija ako oćeš da rudariš.

Bitkoineri inače vole da pišu dugačke tekstove radi odbrane bitkoina, zaista se trude, i skidam im kapu na tome, ali neke stvari su prosto neodržive, i neodbranjive. Možeš prosto da kažeš, prihvatam to tako kako je, nemam s tim neki problem, moja je odluka da u to ulažem i kraj priče. I na to svak ima pravo, i ne mogu ja to nikome osporiti.

Ali imam i ja pravo da kritikujem.

I što se ovog tiče "Bitkoin niko nikome nije nudio "za džabe" pošto centralni izdavalac ne postoji, već je svako morao da ga rudari i da potroši određenu količinu energije."

U pravu su tehnički, ali praktično, neki su na osnovu sreće ili pravovremenih informacija mogli da ga dobiju mnogo ranije od nekih drugih...

Znači bitkoin nije ponudio do kraja čak ni "equality of opportunities", iako zagovornici tvrde da jeste. A sve i da jeste - to nije NI BLIZU rezultiralo onim što Englezi zovu "equality of outcomes"

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@BTCSRB: A ko bi predložio, najavio ili naredio prelazak na novu valutu? I zašto? Ljudi koji kontrolišu svetski finansijski sistem sigurno nemaju interes da pokrenu tako nešto, a i da imaju, to bi radili isključivo zarad sopstvene koristi a ne radi dobrobiti čovečanstva (npr. prelazak na CBDC).

Prelazak na novu valutu istovremeno pod istim uslovima jednostavno nije moguć bez nekog vida prisile. Kao što se kaže u tekstu - nemoguće je da ga od starta svi podjednako vrednuju bez nekog oblika prinude. Dakle ostaje jedini način da takav novac iznedri slobodno tržište, a BTC je iznedren na način na kakav je iznedren. Spontano i organski kao "grassroot movement". I kao takav je neutralan, etički novac sa najboljim karakteristikama u poređenju sa svim drugim oblicima novca koje imamo.

Ljudi koji su verovali u njega su prešli na njega; oni koji nisu, nisu ni prešli. Prosto i jednostavno. Ali takvi sada kukaju što se njihova imovina obezvređuje prema BTC, a krivi su im Bitkoineri koji su prešli pre njih?! Isti Bitkoineri koji godinama na sva usta ukazuju na BTC dok su sve to vreme ismevani, vređani, cancellovani! Ako se neko ideološki ne slaže sa nastankom BTC-a ili njegovom distribucijom, nejednakošću bogatstva, sujetom zbog toga što misli da je zakasnio - to ga neće spasiti od neminovnog gubitka kupovne moći zato što nije prihvatio bolji novac. Isto kao što su srednjevekovni vitezovi možda mrzeli barut i vatreno oružje smatrajući ih neviteškim sredstvima ratovanja ali ih to nije spasilo od uništenja od strane onih koji su prihvatili barut kao superiornu tehnologiju

Ko bi najavio novu valutu, ko bi finansirao njeno reklamiranje i marketing? Da li zaista misliš da bi se međunarodne organizacije koje se nalaze pod kontrolom vladajućeg finansijskog establišmenta založile za neku novu valutu koja bi im ugrozila moć?

Zapitaj sebe kada si saznao za Bitkoin i koliko je vremena prošlo od tada? Zašto ga nisu kupio, zašto ga i danas ne kupuješ i šta ćeš misliti o današnjem trenutku i ovoj diskusiji kada jednog dna bude vredeo 1M USD? Da li ti se čini da je rano ako posmatraš u tom kontekstu? Ili samo posmatraš u kontekstu da si zakasnio jer ga nisi kupio na 100 USD ili 1000 USD? I opet vas nešto sprečava da počnete sa nekom štednjom u njemu, samo nemoj posle da bude da vam nismo pričali i kako nije fer.

BTC je po svemu superiorniji oblik novca od zlata, a ima trž. kapitalizaciju od oko 2T USD naspram zlata sa 22T USD. To ti je jedan od znakova pored puta gde ova stvar ide i da li je rano ili kasno.

Inače domaća menjačnica ECD postoji od 2012. godine, toliko o tome da li je u Srbiji bilo teško nabaviti ga.

Inače postoji zabluda o tome da su se rani korisnici nesrazmerno obogatili. Znaš i sam da je ogroman broj prerano prodao i izgubio ključeve i pristup novčićima. Uostalom, zašto bih se poredio sa drugima? Skidam kapu svima koji su ušli i razumeli stvar pre mene, od takvih sam i učio, ti rani korisnici su pisali prve vodiče, snimali podkaste, držali predavanja i predavali baklju sledećoj generaciji Bitkoinera. Nemam ni trunke zavisti prema njima, samo poštovanje i zahvalnost.

Možda i jedina stvar koju većinu ljudi deli od Bitkoina je ponajviše sujeta i čisto poricanje realnosti. Tek onda dolazi nezainteresovanost, neradoznalost ili tehnička nepotkovanost. Ali Bitkoineri nikad neće moći da kažu da nisu dali sve od sebe, pa ko razume - razume.

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”

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hn-mc: Nisam ja za btc saznao juče, pa da sad iz neke zavisti kukam kako su ga neki dobili skoro za dž, a sad ove nove generacije moraju plaćati 100k. Mada ni takvo razmišljanje ne bi bilo sasvim bez osnova, ako uzmeš npr. često ponavljanu mantru da "svako dobija bitkoin po cijeni koju je zaslužio". Ta mantra mi je, iskreno, mnogo arogantna i antipatična, jer ona potpuno ignoriše to, da mnogi nisu imali posla i para za ulaganje dok je bitkoin bio jeftiniji, ili su bili djeca, ili nisu ni rođeni. Ignoriše se mogućnost stvaranja određene gerontokratije u budućnosti, gdje bi stara generacija, koje je to prva kupila po povoljnijim cijenama imala disproporcionalnu moć u odnosu na nove generacije, koje nisu tad mogle ni fizički da ga kupe, jer ih prosto nije bilo. Ignoriše se mogućnost stvaranja te tako neke aristokratije ili oligarhije, gdje bi u budućnosti ekonomski položaj nekog djeteta zavio od toga koliko mu je ćale nekad uštekao bitkoina. To bitkoineri slave kroz još jednu mantru "generational wealth", a meni to više liči na zasnivanje prilično distopijskog sistema veliki ekonomske nejednakosti koji dosta podsjeća na feudalizam - u njemu bi imao novu klasu bitkoin "plemića".

Za bitkoin sam saznao 2013. i na samom početku sam njime bio fasciniran. Donekle sam prihvatao većinu talking pointsa i value proposition-a.

Međutim, malo-pomalo počeo sam uviđati mračnu stranu cijele stvari. (u šta spada to koliko je cijeli kripto svijet preplavljen raznim scamovima, koliko je cijela zajednica izuzetno alava na pare i materijalisitčki nastrojena - lambo, to the moon, etc... postoji to neko implicitno obećanje lakog bogaćenja i rješavanja svih finansijskih problema, postoji toksični antagonizam između bitkoinera i altkoinera (npr. zato što samo postojanje altkoina podriva narativ bitkoina o scarcity-ju - ako neko može da napravi sličan ili još bolji alternativni koin koji se takmiči na istom tržištu sa bitkoinom, onda to što je sam bitkoin "zakucan" na 21 milion gubi relevantnost), uvidio sam koliko mentalitet samog štekanja (hodl) smanjuje podsticaj za realne, produktivne investicije, što bi bilo loše za ekonomiju, koliko se plasiraju razni nerealistički narativi radi propagande. Proučio sam malo o zlatnom standardu i zašto je bio loš i kako je možda doprinio velikoj ekonomskoj krizi, a tu digitalno zlato iako bi bilo možda zgodnije za upotrebu, suštinski se ne bi razlikovalo od pravog, i imalo bi jednako loš efekat na ekonomiju... Naučio sam da je Austrijska škola diskreditovana od strane svih ozbiljnijih ekonomista. Uvidio sam koje su opasnosti od deflacije. Vidio sam koliko je nejednakost ogromna... čak i ako je do nje došlo na pošten način, to je i dalje problem - jer kako god da je do toga došlo, šta ti da radiš sa svijetom u kojem manjina ima skoro sve, a svi ostali ništa, ili mrvice. Pogotovo kad zavlada AI, pa ta većina više ne bude mogla ni da zaradi nešto svojim radom, itd... Mnogo tu ima stvari koje mi nisu baš "legle". Kasnije sam čitao i to da je većina ulagača u bitkoin na kraju završila u minusu. Uvidio sam dinamiku ciklusa gdje većina običnih ljudi bude "ošišana". Niko im nije "kriv", ali jednostavno običan čovjek niti je dovoljno finansijski jak i stabilan da se održi u tom svijetu, niti ima dovoljno ekspertize i samokontrole. Zato retail investitori ulaze kad je hajp, prodaju kad padne cijena, a whale-ovi rade pametno, tj. obrnuto od toga, ili rade DCA. Takva dinamika dovodi do sve veće i veće koncentracije bogatstva i do bogaćenja whale-ova na račun "sitnih riba". Krupna riba jede sitnu ribu. Znači cijeli taj svijet je prilično anarhičan, gdje najjači opstaju, nema zaštite potrošača, itd... Ko je već bogat, može uložiti nešto u to i da zaboravi na to, ne sikira se. A dosta sirotinje uloži MNOGO, jer se nada da će ih to izvući iz neke dubioze, a onda kad cijena krene da pada, prodaju s gubitkom, jer ne mogu sebi da priušte totalni gubitak. Draže im je da padnu za 20% nego za 50%. Ali i 20% je gubitak, i na takvim gubicima, većina naroda gubi od kripta, a dovoljno jaki, disciplinovani, i prije svega bogati, se bogate od cijele stvari. I ne vidim da će nešto moći značajno da promijeni tu dinamiku.

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@BTCSRB: Ta mantra o ceni Bitkoina i zaslugama je nastala kao odgovor na još arogantnije i antipatične ismevanja, nipodaštavanjai netačne i neutemeljene tvrdnje Bitkoin skeptika tokom godina koje su uporno ponavljali na mnogo nižim cenama i time učinili veliku finansijsku štetu ljudima koji su ih slušali (a možda bi u nekom trenutku kupili BTC) dok se BTC penjao na ove visine.

Pre nego što kritikuješ potencijalni "Bitkoin feudalni sistem", morao bi da sagledaš i kritikuješ postojeći finansijski sistem i zapitaš se da li ono čega se plašiš u BTC sistemu već postoji u fiat sistemu? Da li postoji manjina sa nesrazmernim bogatstvom? Koliko se njihovo bogatstvo uvećalo od kovida? A koliko od svetske finansijske krize 2008? Da li neko čiji je pradeda povoljno kupio zemljište na Menhetnu, Malibuu, Monte Karlu, Zlatiboru, Dedinju... Da li se tada radilo o "gerontokratiji" koja ima nesrazmernu moć u odnosu na današnje generacije? Dok ja i ti možda živimo u kutiji šibica od 40 ili 50 kvadrata? Koliki procenat ljudi danas drži koliki procenat društvenog bogatstva?

Ispada da ti braniš status quo koji mora da ostane zacementiran i koji nijedna nova generacija putem otkrićem novih tehnologija ne sme da ugrozi? Kao da je postojeći status quo bila pravična raspodela društvenog bogatstva (hint: nije, daleko od toga) i da više ne sme doći do društvene raspodele? Pritom pojava Bitkoina ne onemogućava postojeću dominantnu klasu da učestvuje u toj novoj raspodeli pošto i oni imaju jednake šanse da uzmu deo tog novog novca za sebe kao što takvu istu šansu ima neki obični pripadnik srednje klase?

Reći da postojanje Bitkoina podriva narativ o oskudnosti Bitkoina je isto što i reći da postojanje gomile automobilskih marki podriva narativ o kvalitetu Mercedesa ili Audija?! Ili da postojanje brojnih drugih metala i njihovih legura podriva narativ o retkosti zlata?! Udeo Bitkoina u celokupnom kripto tržištu je oko 65% tako da i brojke taj narativ veoma efikasno opovrgavaju zato što se izrazita većina tržišta jasno opredelila koja je kripto-imovina najkvalitetnija i najpouzdanija. Da li bi nastanak na stotine novih krš automobilskih marki podrio narativ o kvalitetu Mercedesa? Isto tako nastanak desetina hiljada šitkoina ne može podriti legitimnost Bitkoina.

Bogaćenje putem Bitkoina niti je lako niti je on cilj. Cilj je bio da se izbace treće strane iz elektronskih plaćanja i da se očuva kupovna moć novca time što bi on imao fiksnu količinu. Takođe i da taj novi monetarni sistem bude otporan na korupciju i kontrolu centralnog autoriteta. Sve ove funkcije Bitkoin radi izuzetno uspešno.

Meni kao slobodnom pojedincu NE TREBA nikakav podsticaj da trošim ili investiram, ja sam suvereni pojedinac koji zna šta je u mom najboljem interesu. A ponajmanje ću prihvatiti da me neko "podstiče" da trošim i investiram time što će mi erodirati kupovnu moć novca. Na stranu što je to besmisleno zato što je svako prinuđen da troši da bi mogao da preživi tako da i Bitkoineri itekako troše i investiraju, samo što će donositi mnogo racionalnije i proračunatije ekonomske odluke. Zašto da investiram u neku firmu koja ima projektovani rast 5% godišnje ako do BTC-a očekujem rast 10%? Jednoga dana će stope rasta BTC-a biti mnogo manje nego danas pa će vremenom biti lakše naći isplative investicije koje će mi zapravo uvećavati kapital denominiran u Bitkoinu. Tada će Bitkoineri biti više nego srećni da investiraju. Ti ako se toliki altruista i toliko brineš za ekonomiju slobodno investiraj fiat ali baci nekada pogled na vrednost svog kapitala izraženu kroz BTC i da li se ona uvećava ili smanjuje. ;).

Što se tiče zlata i ekonomskih kriza, može da se gleda i sa druge strane. FED je napravljen 1913, zar ti se ne čini možda da su oni odgovorni za Veliku depresiju 1929. i da li se period koji je tome prethodio zvao "roaring twenties" zahvaljujući zlatu ili jeftinom kapitalu koje su potpomogle novoformirane Federalne Rezerve?

Šta ima loše u deflaciji i u tome da cene vremenom padaju umesto da rastu čineći život običnom čoveku sve težim? Deflacija je loša samo po poverioce zato što će u jednom trenutku dužnici koji sada štede u čvrstoj valuti vratiti dug pa će siroti kamataši izgubiti klijenta. Onda se neće zaduživati da bi investirali ili kupovali već će to raditi iz akumulirane štednje. Svaka inflacija je pljačka, ako je rast produktivnosti 5% uz istu inflaciju, neko ti je ukrao 5% kupovne moći koju bi uvećao samim razvojem tehnologije koji je suštinski deflatoran. Deflacija je neizbežna, pa kalkulator je sada besplatan zato što su njegovi troškovi prozivodnje pali na nulu, samim tim i njegov cena.

Kako je moguće da je BTC blizu ATH, a da je većina ljudi izgubila? izgubili su samo oni koji su prodali zato što nisu znali šta poseduju. Ko se pravilno informisao i nije slušao Pitera Šifa, Krugmana ili Taleba pa je držao bilo koji period duži od 4 godine, taj je uvećao kupovnu moć. Ja nisam ni whale niti neka krupna riba niti radim za neku extra platu, samo sam dobro proučio materiju, znao šta posedujem, trošio manje od zarađenog, radio DCA, čuvao i čekao da vreme odradi svoje. Tako da mi niko ne može reći da to ne može svako ko ima bar malo finansijske pismenosti i samodiscipline kada je trošenje u pitanju.

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hn-mc: Što se tiče sadašnjeg sistema on je loš u smislu nejednakosti, ali je problem u tome što bi hiperbitkoinizacija dovela do još veće nejednakosti. Ako kritikuješ sadašnji sistem, a nudiš još gori, onda je ta kritika isprazni whataboutizam.

Štampanje para (i pored Kantilon efekta o kome bitkoineri vole da govore), ipak donekle dovodi i do razređivanja bogatstva i do neke redistribucije. Jer te nove pare ko dobija? Često dobiju ljudi koji nemaju, a treba, im npr. ljudi koji dignu kredit za stan, ili npr. penzioneri, državni službenici, itd... Povećanjem ukupne količine novca, udio starih vlasnika u ukupnom bogatstvu se smanjuje i cijeli sistem postaje više protočan, dinamičniji, ne toliko statičan.

S druge strane u bitkoin svijetu, bukvalno mentalitet je takav da se svi ustreme kao kobci na tih 21 milion, nastoje to da razgrabe, i da onda drže do daljnjeg i nikom ne daju. Bukvalno kao kad klejmuješ zemlju i kažeš "MOJE". Imaš ti bitkoinaških glava koji su u fazonu, nikad neću trošiti svoj bitkoin, ako mi trebaju pare, diću kredit, a koristiti bitkoin kao kolateralu. Ono u fazonu, buy, borrow, die.

A prije smrti, prenesi na potomstvo, da se tako nastavi bitkoin dinastija.

Ovdje griješiš:

Pritom pojava Bitkoina ne onemogućava postojeću dominantnu klasu da učestvuje u toj novoj raspodeli pošto i oni imaju jednake šanse da uzmu deo tog novog novca za sebe kao što takvu istu šansu ima neki obični pripadnik srednje klase?

Apsolutno netačno. Naravno da će postojeći milijarderi imati neuporedivo veću šansu da postanu i bitkoin vejlovi i da ih bole kurci ako btc padne i 80%, neće prodati, jer im je btc, samo 1% njihovog basnoslovnog bogatstva. Ti misliš da ta redistribucija ide u korist sirotinje, što je potpuno netačno. Kao što sam već pisao, sitne ribe uglavnom (čast izuzecima) propadaju u tom btc ekosistemu u bivaju ošišane.

Postojeći sistem se makar razrjeđuje štampanjem i dinamičniji je, a btc je statičan, zacementiran i ispunjen vrlo čudnim mentalitetom.

Šta ima loše u deflaciji?

To što djeluje destimulativno na investicije i na potrošnju. Samo to. Taj efekat možda nije toliko veliki - neće ljudi prestati da troše, daleko od toga. Ali efekat svakako postoji.

A što se tiče kupovne moći sama inflacija i deflacija su potpuno irelevantne. Bitno je da li plate prate rast ili pad cijena.

Uprkos mitu da plate ne prate rast cijena, one to itekako prate i čak rastu brže. Jer kako bi drugačije objasnio ipak evidentan rast standarda tokom godina?

Ako bi bilo istina ono što ljudi koji šire paniku o inflaciji pričaju, s vremenom bi standard bio sve gori, jer bi cijene rasle brže od plata. A to ipak nije slučaj. Uporedi kako se sad živi, i kako se živjelo prije 20 godina. A pregurali smo i SEKU i Covid, pa se opet živi bolje nego ranije.

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BTCSRB: "Povećanjem ukupne količine novca, udio starih vlasnika u ukupnom bogatstvu se smanjuje i cijeli sistem postaje više protočan, dinamičniji, ne toliko statičan."

Ovde sam prestao da čitam. Ovo nije prva činjenična neistina koju si izneo ali je najpokvarenija. Naravno da su u poslednjih 50 godina bogatiji postali još bogatiji, a siromašni još siromašniji. Naravno da je 1% na vrhu uvećalo svoje bogatstvo više od ostalih 99%.

Samo si pokazao da ne znaš puno o ekonomiji, a još manje o Bitkoinu.

Uostalom nije ni bitno, vreme će pokazati ko je u pravu kao što je pokazao i period od prethodnih 16 godina.

Poenta je da šta god vi opsesivno-kompulzivni protivnici Bitkoina uradili, prosto nemate načina da sprečite nekoga da koristi novac koji želi i za koji misli da je bolji i da razmenjuje vrednost sa ostalim korisnicima tog novca.

Vi ste zapravo štetočine jer nećete nijednog Bitkoinera prevesti nazad ali ćete ogroman broj ljudi odvratiti od prelaska na BTC dok se nalazi u fazi monetizacije, dakle samo im nanosite štetu čak iako mislite da to radite iz najbolje namere.

BTC je odavno dostigao "escape velocity" pa je vaše mišljenje po sudbinu Bitkoina potpuno irelevantno ali je itekako relevantno u negativnom smislu po ljude koji vas slušaju.

Neka svako iz ove diskusije izvuče svoje zaključke i neka bude svestan posledica (ne)prihvatanja novog superiornog oblika novca u fazi monetizacije.

hn-mc: Ja sam doskora mislio da će bitkoin zaista uspijeti i doseći te lude vrijednosti o kojima se priča - milion, pet miliona, ko zna. Mislio sam da mu je ta trajektorija zagarantovana i da to ništa neće spriječiti. To je prosto determinizam. I iskreno, prilično sam se plašio toga, jer sam smatrao da bi to bio poprilično distopijski ishod.

Konto sam, bitkoin će uspijeti, ali to neće biti dobro za svijet, za društvo i za ekonomiju. Naravno, biće i više nego dobro za one koji ga imaju.

To mi je bio stav.

A onda sam skonto da će bitkoin, vjerovatno ipak propasti, pa samim tim ti moji strahovi od distopije postaju manje relevantni.

Zašto mislim da će propasti?

Prosto zato što mu je neophodan konstantan brzi rast, da bi se održao, a konstantan brzi rast je prosto nemoguć na dugi rok.

Brzi, jak rast je neophodan da bi se održale tri stvari koje su od vitalnog značaja za bitkoin:

1. Moon narativ kao jedini pravi value proposition.
2. Isplativost majninga kao nešto što je neophodno za bezbednost mreže.
3. Jeftinoća transakcija.

Bez jakog rasta, uz stalne halvinge, majning postaje manje isplativ, mreža time manje bezbedna, transakcije postaju skuplje, jer kako drugačije majneri da zarade, istovremeno pada u vodu moon narativ koji je većini jedini pravi razlog za kupovinu.

Kad bitkoin postane "samo" store of value, ili neki standardni instrument štednje bez moon narativa, malo ko će imati motiva da ga kupi, jer su u svrhu obične, regularne štednje, bez moon narativa, zlato i državne obveznice mnogo bolji instrument, a indeksni fond uz to pruža i mnogo veći potencijal za zaradu, kao što i treba da bude (da se nagradi investiranje, a ne pasivno držanje kapitala).

Dakle, za opstanak bitkoina neophodan je jak, brz rast.

A ako uzmemo zadnjih par ciklusa, vidimo da se taj rast sve više usporava, i to se usporava još brže od nekih prognoza. Npr. za prošli ciklus prognoza je bila 100k - 200k, a on došao samo do 69k. Sad za ovaj ciklus opet se spominje 200k, a veliko je pitanje da li će doći i do 150k. Po meni je realno do 130k.

Šta to onda govori o ciklusima. Ako u odnosu na prošli ovaj nije napravio ni 2x rasta, onda za naredni možemo očekivati možda tek, 1.5x. Znači ako sad bude 130k, onda možda 2029. bude 195k...

Takav tempo rasta, toliko usporavanje, postaće uskoro nedovoljno, i bitkoin će postati neodrživ.

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hn-mc: BTW, svjestan sam da ako bitkoin uspije, mogu teoretski biti "štetočina" spram onih koji me slušaju, ali je veća šansa da će im čak i u tom slučaju moj savjet biti koristan - jer praksa je pokazala da je većina investitora dosad završila u minusu iz ovih ili onih razloga. To su prosto sirovi podaci.

To da nećeš izgubiti pare ako držiš duže od 4 godine dosad se pokazalo kao tačno, ali ni to nije zagarantovano u budućnosti.

A veliki broj ljudi iz nekog razloga proda ranije.

barrons.com/news/three-out-of-four-bitcoin-investors-have-lost-money-study-01668454507

Evo ti članak, kaže 75% ljudi koji se "bakćalo" s bitkoinom, završili u minusu.

Samo držanje bitkoina za mnoge ljude je stres jer nemaju povjerenja u to, i ako vide da nema brzog rasta, neće da drže svoj kapital u nečem tako rizičnom. Sa berze koini mogu nestati, ne bi bilo prvi put. Onlajn wallet može biti lažni, ili hakovan. Hardware wallet je dodatna investicija i za mnoge ljude too technical, itd...

Ja sam imao nekad nešto malo btc-a i dok sam imao to u btc-u ja sam smatrao da te pare NEMAM. Dok god ne vratiš to u keš koji ti je dostupan na računu, računaš da ih nemaš, jer nikad nisi 100% siguran da će svi koraci proći kako treba do samog kraja kad ti to legne na račun. Može ti hakovat, možeš se zajebat poslat na pogrešnu adresu, može te zajebat kriptomjenjačnica, svašta može bit.

Tek kad sam prodao i kad mi je leglo na račun, skonto sam da sam zaradio nešto i da je to realno.

@ 6c05c73e:c4356f17

Muitas pessoas me perguntam como eu faço o rebalanceamento das minhas carteiras de investimentos. Por isso, decidi compartilhar meu processo aqui. Você pode decidir se ele se adapta ao seu modelo ou não.

Por que Rebalancear a Carteira?

A primeira e mais importante pergunta é: por que precisamos fazer o rebalanceamento de carteira? A resposta é simples: somos humanos e não sabemos de tudo. Muitas informações estão acontecendo agora, e isso pode ser bom ou ruim (dependendo do quanto você está alavancado, rsrsrs). Mas, o rebalanceamento vai liberar caixa e reduzir a exposição ao risco.

Ou, em outra medida, pode aumentar sua exposição e capturar uma oportunidade que ninguém "percebeu ainda". Contudo, quero ressaltar que somos falhos e não podemos prever o futuro. Com isso em mente, você logo pensa que pode (e vai) estar errado em 80% do tempo.

Fazer os ajustes corretos na sua carteira de investimento é uma questão de sobrevivência. Imagina colocar 100% do patrimônio em Bitcoin em 2021? Pois é… Você estaria com uma perda considerável agora. Esse é só um dentre os milhares de exemplos que poderia dar.

Quando Rebalancear a Carteira?

A pergunta de 1 milhão de dólares é: quando rebalancear a bendita carteira?

Na palavra dos analistas: Trimestralmente. (Leia-se: Ganhamos as taxas).

Nas minhas palavras: Uma vez no ano. De preferência dia 20 de Dezembro (Leia-se: F*das analistas, o dinheiro é meu!).

Já testei mensal, trimestral, semestral e bienal. A verdade é que o dinheiro fica com as corretoras e foge do nosso bolso. Então, o melhor a se fazer é mexer o mínimo possível.

Partindo do princípio de que não sabemos nada ou sabemos muito pouco, corremos risco até de acertar um grande investimento. Isso aconteceu comigo no pós-Dilma. Porque? Pois eu estava focado no meu autodesenvolvimento.

Conhecimento, experiências, rede de contatos e saúde.

O único dia que eu queria saber de mercado financeiro era no quinto dia útil, quando eu ia aportar e decidir para onde ia mandar meu dinheiro. Só isso, foco em você e deixa seus investimentos de lado maturando.

Tudo se trata sobre rebalancear sua carteira com qualidade. Mas, qualidade para você.

Onde Manter o Dinheiro?

Gosto de ter uma parte do meu dinheiro livre e uma parte investida em dólar, majoritariamente em Bitcoin.

Então, gosto de ter uma parte do meu dinheiro em Bitcoin, pois acho que é o meio mais seguro e confiável para ter e transportar dólares literalmente usando a cabeça.

Dólares em bancões não me atraem. São totalmente rastreáveis e, em uma eventual urgência do dinheiro, duvido que eles vão dar moral para gente como nós.

A parte do dinheiro solto, gosto de deixar metade na conta da corretora e metade na minha poupança. Muita gente pensa que CDB/DI/CDI rendem rios de dinheiro a mais que a poupança. Rendem, mas é muito pouco. E o foco aqui é liquidez imediata!

Meu Modelo de Rebalanceamento

Para concluir nosso raciocínio, gosto de deixar assim:

• 50% do dinheiro livre.
• 50% do dinheiro investindo progressivamente.

50% livre = Dinheiro na conta da corretora e poupança mesmo.

50% investimento progressivo = A cada queda do mercado, eu compro 5% do dinheiro disponível em caixa de algum ativo que eu já tenha feito estudo.

Como Funciona Essa Abordagem?

Primeiro, eu rastreio o VIX. Coloco um alarme nele. A cada aumento de X porcento, ele me envia um e-mail me notificando. Eu acompanho o mercado durante o dia. Ao final do pregão, eu posiciono uma ordem de compra para o dia seguinte. Só isso.

Volto para o meu trabalho, negócio, família, lazer e para mim mesmo.

Mercado financeiro vicia, parceiro(a). Já estive dos dois lados e sei como funciona. Pega o que é seu e desliga. Se ficar online, vai ver coisas demais que nem deveria ter visto.

Concluindo

Existe muito misticismo sobre investimentos. E, até que deveria ter mesmo. Mas, a verdade é que ele é feito por pessoas + Bots + IA. E, pessoas são previsíveis. Já vi e vivi muita coisa. Minha maior lição é: Aproveite as oportunidades! Porque elas são raras…

Eu teria outras histórias para contar senão fosse o pós-Dilma, Bitcoin de 2017 e Covid. Sei que nem tudo são flores. Mas, estamos aqui para explorar uma brecha e fazer grana rápido. Liquidar e voltar a ver Netflix e ler livros. Meu único casamento é com minha esposa. Empresas, eu vejo como ciclos hoje em dia.

Além do mais, estamos na era das IAs. E Mary Meeker já lançou suas (brilhantes) previsões sobre nosso futuro. Então, aproveite enquanto há tempo. Já já o mercado deverá ser bem mais automatizado que hoje.