@ f85b9c2c:d190bcff

Cryptocurrency has been a hot topic in the world of finance and technology for the past few years. With the rise of Bitcoin and other digital currencies, many have speculated that crypto could be the future of money. But is this really the case? In this article, we’ll take a closer look at the concept of cryptocurrency and whether it has the potential to replace traditional forms of currency.

What is Cryptocurrency? First, let’s define what cryptocurrency actually is. Essentially, cryptocurrency is a digital or virtual form of currency that uses blockchain technology for secure and decentralized transactions. Unlike traditional currencies, which are controlled by central authorities such as banks and governments, cryptocurrency operates independently and is not subject to the same regulations or central authorities. Bitcoin, the first and most well-known cryptocurrency, was created in 2009 by an unknown individual or group using the pseudonym Satoshi Nakamoto. Since then, thousands of other cryptocurrencies have emerged, each with their own unique features and values.

The Advantages of Cryptocurrency 1.One of the main advantage of cryptocurrency is its decentralized nature. This means that it is not controlled by any central authority, making it immune to inflation and government interference. Transactions are also fast and secure, thanks to blockchain technology.

2.Another advantage of cryptocurrency is its potential for investment. Many people have made significant profits by investing in cryptocurrencies.However, it’s important to note that cryptocurrency carries a high level of risk.

The Challenges of Cryptocurrency While there are certainly benefits to using cryptocurrency, there are also several challenges that must be addressed before it can become the future of money. 1. One major issue is the lack of regulation. As mentioned earlier, cryptocurrency is not subject to the same regulations as traditional currencies, which can make it vulnerable to fraud and illegal activities. This has led to some governments imposing restrictions on the use of cryptocurrency, hindering its adoption on a global scale.

1. Another challenge is the complexity of cryptocurrency. For the average person, understanding how it works and how to use it can be challenging. This can make it less accessible and limit its potential for widespread use.

Is Crypto Really the Future of Money? So, back to our initial question: is crypto really the future of money? While it certainly has its advantages, there are still many obstacles that need to be overcome before that can happen. Some experts believe that cryptocurrency has the potential to transform the financial industry, while others argue that it will never fully replace traditional forms of currency. The truth is, it’s still too early to say for certain what the future holds for cryptocurrency. One thing is for sure, though — cryptocurrency has already made a significant impact on the financial world and it’s here to stay. Whether it will become the primary form of currency in the future remains to be seen, but it’s clear that it has disrupted the traditional financial system and sparked important discussions about the future of money.

In Conclusion Cryptocurrency has captured the attention of the world with its promise of a decentralized and secure currency. While it does have its advantages, there are still many challenges that need to be addressed before it can truly become the future of money. Only time will tell if cryptocurrency will live up to its potential and become a mainstream form of currency. In the meantime, it’s certainly worth keeping an eye on as it continues to evolve and shape the financial landscape.

@ 866e0139:6a9334e5

Autor: Michael Meyen. 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 in unserem Telegram-Kanal.

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„Warum der Weltfrieden von Deutschland abhängt“ steht auf dem Cover. Sicher: Ein Verlag will verkaufen. Superlative machen sich da immer gut. Der Weltfrieden und Deutschland. „Wie das“, wird mancher fragen, über den Atlantik schauen, nach Kiew oder gar nach Moskau und nach Peking, und die 24 Euro ausgeben. Ich kann nur sagen: Das ist gut investiert, wenn man verstehen will, was uns die Nachrichtensprecher und ihre Kritiker im Moment alles um die Ohren hauen. Ich durfte die Texte von Hauke Ritz schon lesen und ein Vorwort schreiben, in dem es nicht nur um Krieg und Frieden geht, sondern auch um die Frage, warum sich manche, die einst „links“ zu stehen glaubten, inzwischen mit einigen Konservativen besser vertragen als mit den alten Genossen – nicht nur bei der Gretchenfrage auf dem Cover. Nun aber zu meinem Vorwort.    

1. Der Leser

Hauke Ritz hat meinen Blick auf die Welt verändert. In diesem Satz stecken zwei Menschen. Ich fange mit dem Leser an, weil jeder Text auf einen Erfahrungsberg trifft, gewachsen durch all das, was Herkunft, soziale Position und Energievorrat ermöglichen. Ob ein Autor dort auf Resonanz stößt, kann er nicht beeinflussen. Also zunächst etwas zu mir. Ich bin auf der Insel Rügen aufgewachsen – in einer kommunistischen Familie und mit Karl Marx. Das Sein bestimmt das Bewusstsein. In der Schule haben wir Kinder uns über ein anderes Marx-Zitat amüsiert, das in einem der Räume groß an der Wand stand. „Die Philosophen haben die Welt nur verschieden interpretiert, es kömmt drauf an, sie zu verändern.“ Kömmt. Dieser Marx. Was der sich traut.

Das Schulhaus ist nach 1990 schnell abgerissen worden. Bauland mit Meerblick, fünf Minuten bis zum Strand. Marx stand nun zwar kaum noch in der Zeitung, Eltern, Freunde und Bekannte waren sich aber trotzdem sicher, dass er Recht hat. Das Sein bestimmt das Bewusstsein. Hier die Ostdeutschen, auf Jahre gebunden im Kampf um Arbeitsplatz und Qualifikationsnachweise, Rente und Grundstück, und dort Glücksritter aus dem Westen, die sich das Dorf kaufen und nach ihrem Bilde formen. Das Kapital live in Aktion gewissermaßen.

Ich selbst bin damals eher durch Zufall an der Universität gelandet und habe dort eine Spielart der Medienforschung kennengelernt, die in den USA erfunden worden war, um den Zweiten Weltkrieg nicht nur auf dem Schlachtfeld zu gewinnen, sondern auch in den Köpfen. Diese akademische Disziplin konnte und wollte nach ihrer Ankunft in der alten Bundesrepublik nichts mit Marx am Hut haben. Zum einen war da dieser neue Freund auf der anderen Atlantikseite, moralisch sauber und damit ein Garant gegen den Vorwurf, mitgemacht zu haben und vielleicht sogar Goebbels und sein Postulat von den Medien als Führungsmittel immer noch in sich zu tragen. Je lauter dieser Vorwurf wurde, desto stärker zog es deutsche Propagandaforscher, die sich zur Tarnung Kommunikations- oder Publizistikwissenschaftler nannten, in die USA.

Zum anderen verbannte der Radikalenerlass jeden Hauch von Marxismus aus dem universitären Leben. Selbst Postmarxisten wie Adorno und Horkheimer mit ihrer Frankfurter Schule, Karl Mannheim oder Pierre Bourdieu, auf die ich bei der Suche nach einer neuen intellektuellen Heimat fast zwangsläufig gestoßen bin, spielten in den Lehrveranstaltungen kaum eine Rolle und damit auch nicht in Dissertationen, Habilitationen, Fachzeitschriften. Peer Review wird schnell zur Farce, wenn jeder Gutachter weiß, dass bestimmte Texte nur von mir und meinen Schülern zitiert werden. Ich habe dann versucht, die Kollegen mit Foucault zu überraschen, aber auch das hat nicht lange funktioniert.

Zu Hauke Ritz ist es von da immer noch weit. Ich habe eine Lungenembolie gebraucht (2013), zwei Auftritte bei KenFM (2018) und die Attacken, die auf diese beiden Interviews zielten sowie auf meinen Blog Medienrealität, gestartet 2017 und zeitgleich mit großen Abendveranstaltungen aus der virtuellen Welt in die Uni-Wirklichkeit geholt, um bereit zu sein für diesen Denker. Corona nicht zu vergessen. Ich erinnere mich noch genau an diesen Abend. Narrative Nummer 16 im August 2020. Hauke Ritz zu Gast bei Robert Cibis, Filmemacher und Kopf von Ovalmedia. Da saß jemand, der mühelos durch die Geschichte spazierte und es dabei schaffte, geistige und materielle Welt zusammenzubringen. Meine Götter Marx, Bourdieu und Foucault, wenn man so will, angereichert mit mehr als einem Schuss Religionswissen, um die jemand wie ich, als Atheist erzogen und immer noch aufgeregt, wenn er vor einer Kirche steht, eher einen Bogen macht. Dazu all das, was ich in tapsigen Schritten auf dem Gebiet der historischen Forschung zu erkunden versucht hatte – nur in weit längeren Zeiträumen und mit der Vogelperspektive, die jede gute Analyse braucht. Und ich kannte diesen Mann nicht. Ein Armutszeugnis nach mehr als einem Vierteljahrhundert in Bewusstseinsindustrie und Ideologieproduktion.

2. Der Autor

Und damit endlich zu diesem Autor, der meinen Blick auf die Welt verändert hat. Hauke Ritz, Jahrgang 1975, ist ein Kind der alten deutschen Universität. Er hat an der FU Berlin studiert, als man dort noch Professoren treffen konnte, denen Eigenständigkeit wichtiger war als Leistungspunkte, Deadlines und politische Korrektheit. Seine Dissertation wurzelt in diesem ganz anderen akademischen Milieu. Ein dickes Buch, in dem es um Geschichtsphilosophie geht und um die Frage, welchen Reim sich die Deutschen vom Ersten Weltkrieg bis zum Fall der Berliner Mauer auf den Siegeszug von Wissenschaft und Technik gemacht haben. Das klingt sehr akademisch, wird aber schnell politisch, wenn man die Aufsätze liest, die Hauke Ritz ab den späten Nullerjahren auf diesem Fundament aufgebaut hat und die hier nun in einer Art Best-of in die Öffentlichkeit zurückgeholt werden aus dem Halbdunkel von Publikationsorten, deren Reputation inzwischen zum Teil gezielt zerstört worden ist, und die so hoffentlich ein großes und neues Publikum erreichen. In den Texten, die auf dieses Vorwort folgen, geht es um den tiefen Staat und den neuen kalten Krieg, um Geopolitik und Informationskriege und dabei immer wieder auch um die geistige Krise der westlichen Welt sowie um den fehlenden Realitätssinn deutscher Außenpolitik. 

Bevor ich darauf zurückkomme, muss ich die Doppelbiografie abrunden, mit der ich eingestiegen bin. Im Februar 2022, wir erinnern uns auch mit Hilfe des Interviews, das Paul Schreyer mit ihm führte, war Hauke Ritz gerade in Moskau, als Universitätslehrer auf Zeit mit einem DAAD-Stipendium. Im November 2024, als ich diese Zeilen schreibe, ist er wieder einmal in China, mit familiären Verbindungen. Das heißt auch: Hauke Ritz hat mehr gesehen, als einem in den Kongresshotels der US-dominierten Forschergemeinschaften je geboten werden kann. Und er muss weder um Zitationen buhlen noch um irgendwelche Fördertöpfe und damit auch nicht um das Wohlwollen von Kollegen.

Ein Lehrstuhl oder eine Dozentenstelle, hat er mir im Frühsommer 2021 auf Usedom erzählt, wo wir uns das erste Mal gesehen haben, so eine ganz normale akademische Karriere sei für ihn nicht in Frage gekommen. Der Publikationsdruck, die Denkschablonen. Lieber ökonomisch unsicher, aber dafür geistig frei. Ich habe mir diesen Satz gemerkt, weil er einen Beamten wie mich zwingt, seinen Lebensentwurf auf den Prüfstand zu stellen. Bin ich beim Lesen, Forschen, Schreiben so unabhängig, wie ich mir das stets einzureden versuche? Wo sind die Grenzen, die eine Universität und all die Zwänge setzen, die mit dem Kampf um Reputation verbunden sind? Und was ist mit dem Lockmittel Pension, das jeder verspielt, der das Schiff vor der Zeit verlassen will? 

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Hauke Ritz, das zeigen die zehn Aufsätze, die in diesem Buch versammelt sind, hat alles richtig gemacht. Hier präsentiert sich ein Autor, der „von links“ aufgebrochen ist und sich immer noch so sieht (so beschreibt er das dort, wo es um die aktuelle Theorieschwäche des einst gerade hier so dominanten Lagers geht), aber trotzdem keine Angst hat, für ein Wertesystem zu werben, das eher konservativ wirkt. Herkunft und Familie zum Beispiel. Verankerung und Zugehörigkeit, sowohl geografisch als auch intellektuell. Mehr noch: Wenn ich Hauke Ritz richtig verstanden habe, dann braucht es ein Amalgam aus den Restbeständen der »alten« Linken und dem christlich geprägten Teil des konservativen Lagers, um eine Entwicklung aufzuhalten und vielleicht sogar umzukehren, die in seinen Texten das Etikett »Postmoderne« trägt. Grenzen sprengen, Identitäten schleifen, Traditionen vergessen. Umwertung aller Werte. Transgender und Trans- oder sogar Posthumanismus. Wer all das nicht mag, findet in diesem Buch ein Reiseziel. Gerechtigkeit und Utopie, Wahrheitssuche, der Glaube an die Schöpferkraft des Menschen und die geistige Regulierung politischer Macht – verwurzelt in der Topografie Europas, die Konkurrenz erzwang, und vor allem im Christentum, weitergetragen in weltlichen Religionen wie dem Kommunismus, und so attraktiv, dass Hauke Ritz von Universalismus sprechen kann, von der Fähigkeit dieser Kultur, ein Leitstern für die Welt zu sein.

Ich habe die Texte im Frühling 2022 gelesen, allesamt in einem Rutsch, um mich auf das Gespräch vorzubereiten, das ich mit Hauke Ritz dann im Juni für die Plattform Apolut geführt habe, den Nachfolger von KenFM. Ich weiß, dass das ein Privileg ist. Lesen, worauf man Lust hat, und dafür auch noch bezahlt werden. Ich weiß auch, dass ich ohne die Vorgeschichte, ohne Corona und all das, was mich und dieses Land dorthin geführt hat, niemals das Glück hätte empfinden können, das mit der Entdeckung eines Autors wie Hauke Ritz verbunden ist. Ohne all das wäre ich wahrscheinlich weiter zu irgendwelchen hochwichtigen Tagungen in die USA geflogen und hätte mich mit Aufsätzen für Fachzeitschriften gequält, die für einen winzigen Kreis von Eingeweihten gemacht und selbst von diesem Kreis allenfalls registriert, aber nicht studiert werden.

Lange Gespräche mit Köpfen wie Hauke Ritz hatten bei Ovalmedia oder Apolut in den Coronajahren sechsstellige Zuschauerzahlen. Ein großes Publikum, wenn man die Komplexität und die Originalität mitdenkt, die jeder Leser gleich genießen kann. Man findet diese Videos noch, allerdings nicht beim De-facto-Monopolisten YouTube, der Zensur sei Dank. Im Bermudadreieck zwischen Berlin, Brüssel und dem Silicon Valley verschwindet alles, was die hegemonialen Narrative herausfordert und das Potenzial hat, Menschenmassen erst zu erreichen und dann zu bewegen. Ich habe Hauke Ritz deshalb schon im Studio und am Abend nach unserem Dreh ermutigt und wahrscheinlich sogar ein wenig gedrängt, aus seinen Aufsätzen ein Buch zu machen. Das war auch ein wenig egoistisch gedacht: Ich wollte mein Aha-Erlebnis mit anderen teilen und so Gleichgesinnte heranziehen. Der Mensch ist ein Herdentier und mag es nicht, allein und isoliert zu sein. 

3. Ein neuer Blick auf Macht

Drei Jahre später gibt es nicht nur die Aufsatzsammlung, die Sie gerade in den Händen halten, sondern auch ein Buch, das ich als „großen Wurf“ beschrieben habe – als Werk eines Autors, der die Wirklichkeit nicht ignoriert (Geografie, Reichtum und die Geschichte mit ihren ganz realen Folgen), sich aber trotzdem von der Vorstellung löst, dass der Mensch in all seinem Streben und Irren nicht mehr sei als ein Produkt der Umstände. Hauke Ritz dreht den Spieß um: Die Geschichte bewegt nicht uns, sondern wir bewegen sie. Was passiert, das passiert auch und vielleicht sogar in erster Linie, weil wir ganz bestimmte Vorstellungen von der Vergangenheit und unserem Platz in dieser Welt verinnerlicht haben. Von diesem Axiom ist es nur ein klitzekleiner Schritt zur Machtpolitik: Wenn es stimmt, dass das historische Bewusstsein mindestens genauso wichtig ist wie Atomsprengköpfe, Soldaten oder Gasfelder, dann können sich die Geheimdienste nicht auf Überwachung und Kontrolle beschränken. Dann müssen sie in die Ideenproduktion eingreifen. Und wir? Wir müssen die Geistesgeschichte neu schreiben, Politik anders sehen und zuallererst begreifen, dass der Mensch das Sein verändern kann, wenn er denn versteht, wer und was seinen Blick bisher gelenkt hat. Ich bin deshalb besonders froh, dass es auch das Herz der Serie „Die Logik des neuen kalten Krieges“ in dieses Buch geschafft hat, ursprünglich 2016 bei RT-Deutsch erschienen. Diese Stücke sind exemplarisch für das Denken von Hauke Ritz. Der Neoliberalismus, um das nur an einem Beispiel zu illustrieren, wird dort von ihm nicht ökonomisch interpretiert, „sondern als ein Kulturmodell“, das zu verstehen hilft, wie es zu der Ehe von Kapitalismus und „neuer Linker“ kommen konnte und damit sowohl zu jener „aggressiven Dominanz des Westens“, die auch den Westend-Verlag umtreibt und so diese Publikation ermöglicht, als auch zur „Vernachlässigung der sozialen Frage“. 

Hauke Ritz holt die geistige Dimension von Herrschen und Beherrschtwerden ins Scheinwerferlicht und fragt nach der „Macht des Konzepts“. Diese Macht, sagt Hauke Ritz nicht nur in seinem Aufsatz über die „kulturelle Dimension des Kalten Krieges“, hat 1989/90 den Zweikampf der Systeme entschieden. Nicht die Ökonomie, nicht das Wohlstandsgefälle, nicht das Wettrüsten. Ein Riesenreich wie die Sowjetunion, kaum verschuldet, autark durch Rohstoffe und in der Lage, jeden Feind abzuschrecken, habe weder seine Satellitenstaaten aufgeben müssen noch sich selbst – wenn da nicht der Sog gewesen wäre, der von der Rockmusik ausging, von Jeans und Hollywood, von bunten Schaufenstern und von einem Märchen, das das andere Lager als Hort von Mitbestimmung, Pressefreiheit und ganz privatem Glück gepriesen hat. Als selbst der erste Mann im Kreml all das für bare Münze nahm und Glasnost ausrief (das, was der Westen für seinen Journalismus bis heute behauptet, aber schon damals nicht einlösen konnte und wollte), sei es um den Gegenentwurf geschehen gewesen. Die Berliner Mauer habe der Psychologie nicht standhalten können.

Fast noch wichtiger: All das war kein Zufall, sondern Resultat strategischer und vor allem geheimdienstlicher Arbeit. Hauke Ritz kann sich hier unter anderem auf Francis Stonor Saunders und Michael Hochgeschwender stützen und so herausarbeiten, wie die CIA über den Kongress für kulturelle Freiheit in den 1950ern und 1960ern Schriftsteller und Journalisten finanzierte, Musiker und Maler, Zeitschriften, Galerien, Filme – und damit Personal, Denkmuster, Symbole. Die „neue“ Linke, „nicht-kommunistisch“, also nicht mehr an der System- und Eigentumsfrage interessiert, diese „neue“ Linke ist, das lernen wir bei Hauke Ritz, genauso ein Produkt von Ideenmanagement wie das positive US-Bild vieler Westeuropäer oder eine neue französische Philosophie um Michel Foucault, Claude Lévi-Strauss oder Bernard-Henri Lévy, die Marx und Hegel abwählte, stattdessen auf Nietzsche setzte und so ein Fundament schuf für das „Projekt einer Umwertung aller Werte“.

Natürlich kann man fragen: Was hat all das mit uns zu tun? Mit dem Krieg in der Ukraine, mit der Zukunft Europas oder gar mit der These auf dem Buchcover, dass nichts weniger als der „Weltfrieden“ ausgerechnet von uns, von Deutschland abhängt? Warum sollen wir uns mit Kämpfen in irgendwelchen Studierstübchen beschäftigen, die höchstens zwei Handvoll Gelehrte verstehen? Hauke Ritz sagt: Wer die Welt beherrschen will, muss den Code der europäischen Kultur umschreiben. Wie weit dieses „Projekt“ schon gediehen ist, sieht jeder, der die Augen öffnet. In der Lesart von Hauke Ritz ist Europa Opfer einer „postmodernen Fehlinterpretation seiner eigenen Kultur“, importiert aus den USA und nur abzuwehren mit Hilfe von Russland, das zwar zu Europa gehöre, sich vom Westen des Kontinents aber unterscheide und deshalb einen Gegenentwurf liefern könne. Stichworte sind hier Orthodoxie und Sozialismus sowie eine Vergangenheit als Imperium, ohne die, so sieht das Hauke Ritz, neben diplomatischen Erfahrungen die „politischen Energien“ fehlen, die nötig sind, um Souveränität auch da zu bewahren, wo die „Macht des Konzepts“ beginnt. China und der Iran ja, Indien und Lateinamerika nein.

Keine Angst, ich schreibe hier kein zweites Buch. Diese Appetithäppchen sollen Lust machen auf einen Autor, der die Hektik der Gegenwart hinter sich lässt und aus den Tiefen der Geschichte eine Interpretation anbietet, die die hegemoniale Ideologie in ein ganz neues Licht rückt und sie so als „Rechtfertigungslehre“ enttarnt (Werner Hofmann) oder als „Machtinterpretation der Wirklichkeit“ (Václav Havel), die sich zwangsläufig „ritualisiert“ und „von der Wirklichkeit emanzipiert“, um als „Alibi“ für alle funktionieren zu können, die mit der Macht marschieren. Ich weiß nicht mehr, wie ich das Marx-Zitat mit dem komischen Wort „kömmt“ als kleiner Junge gedeutet habe. Ich wusste wenig von Philosophie und gar nichts von der Welt. Hauke Ritz blickt nicht nur in Abgründe, die ich vorher allenfalls aus dem Augenwinkel gesehen hatte, sondern bietet zugleich eine Lösung an. Als Gleichung und in seinen Worten formuliert: „klassische Arbeiterbewegung“ plus „christlich orientierte Wertkonservative“ ist gleich Hoffnung und Neustart. Und nun Vorhang auf für einen Philosophen, der nicht nur Deutschland einen Weg weist in Richtung Veränderung und Frieden.

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Michael Meyen ist Medienforscher, Ausbilder und Journalist. Seit 2002 ist er Universitätsprofessor an der LMU München. https://www.freie-medienakademie.de/

Der Link zum Buch von Hauke Ritz

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This article was originally part of the sermon of Plebchain Radio Episode 111 (May 2, 2025) that nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpqtvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq7fgefr and I did with nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7ct4w35zumn0wd68yvfwvdhk6tcqyzx4h2fv3n9r6hrnjtcrjw43t0g0cmmrgvjmg525rc8hexkxc0kd2rhtk62 and nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpq4wxtsrj7g2jugh70pfkzjln43vgn4p7655pgky9j9w9d75u465pqahkzd0 of the nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqwfvwrccp4j2xsuuvkwg0y6a20637t6f4cc5zzjkx030dkztt7t5hydajn

Listen to the full episode here:

<<https://fountain.fm/episode/Ln9Ej0zCZ5dEwfo8w2Ho>>

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Bitcoin has always been a narrative revolution disguised as code. White paper, cypherpunk lore, pizza‑day legends - every block is a paragraph in the world’s most relentless epic. But code alone rarely converts the skeptic; it’s the camp‑fire myth that slips past the prefrontal cortex and shakes hands with the limbic system. People don’t adopt protocols first - they fall in love with protagonists.

Early adopters heard the white‑paper hymn, but most folks need characters first: a pizza‑day dreamer; a mother in a small country, crushed by the cost of remittance; a Warsaw street vendor swapping złoty for sats. When their arcs land, the brain releases a neurochemical OP_RETURN which says, “I belong in this plot.” That’s the sly roundabout orange pill: conviction smuggled inside catharsis.

That’s why, from 22–25 May in Warsaw’s Kinoteka, the Bitcoin Film Fest is loading its reels with rebellion. Each documentary, drama, and animated rabbit‑hole is a stealth wallet, zipping conviction straight into the feels of anyone still clasped within the cold claw of fiat. You come for the plot, you leave checking block heights.

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Here's the clip of the sermon from the episode:

nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqqsy43fwz8es2wnn65rh0udc05tumdnx5xagvzd88ptncspmesdqhygcrvpf2

@ b83a28b7:35919450

This article was originally part of the sermon of Plebchain Radio Episode 110 (May 2, 2025) that nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpqtvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq7fgefr and I did with nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7ct4w35zumn0wd68yvfwvdhk6tcqyzx4h2fv3n9r6hrnjtcrjw43t0g0cmmrgvjmg525rc8hexkxc0kd2rhtk62 and nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpq4wxtsrj7g2jugh70pfkzjln43vgn4p7655pgky9j9w9d75u465pqahkzd0 of the nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqwfvwrccp4j2xsuuvkwg0y6a20637t6f4cc5zzjkx030dkztt7t5hydajn

Listen to the full episode here:

<https://fountain.fm/episode/Ln9Ej0zCZ5dEwfo8w2Ho>

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Bitcoin has always been a narrative revolution disguised as code. White paper, cypherpunk lore, pizza‑day legends - every block is a paragraph in the world’s most relentless epic. But code alone rarely converts the skeptic; it’s the camp‑fire myth that slips past the prefrontal cortex and shakes hands with the limbic system. People don’t adopt protocols first - they fall in love with protagonists.

Early adopters heard the white‑paper hymn, but most folks need characters first: a pizza‑day dreamer; a mother in a small country, crushed by the cost of remittance; a Warsaw street vendor swapping złoty for sats. When their arcs land, the brain releases a neurochemical OP_RETURN which says, “I belong in this plot.” That’s the sly roundabout orange pill: conviction smuggled inside catharsis.

That’s why, from 22–25 May in Warsaw’s Kinoteka, the Bitcoin Film Fest is loading its reels with rebellion. Each documentary, drama, and animated rabbit‑hole is a stealth wallet, zipping conviction straight into the feels of anyone still clasped within the cold claw of fiat. You come for the plot, you leave checking block heights.

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Here's the clip of the sermon from the episode:

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@ 04c915da:3dfbecc9

In much of the world, it is incredibly difficult to access U.S. dollars. Local currencies are often poorly managed and riddled with corruption. Billions of people demand a more reliable alternative. While the dollar has its own issues of corruption and mismanagement, it is widely regarded as superior to the fiat currencies it competes with globally. As a result, Tether has found massive success providing low cost, low friction access to dollars. Tether claims 400 million total users, is on track to add 200 million more this year, processes 8.1 million transactions daily, and facilitates $29 billion in daily transfers. Furthermore, their estimates suggest nearly 40% of users rely on it as a savings tool rather than just a transactional currency.

Tether’s rise has made the company a financial juggernaut. Last year alone, Tether raked in over $13 billion in profit, with a lean team of less than 100 employees. Their business model is elegantly simple: hold U.S. Treasuries and collect the interest. With over $113 billion in Treasuries, Tether has turned a straightforward concept into a profit machine.

Tether’s success has resulted in many competitors eager to claim a piece of the pie. This has triggered a massive venture capital grift cycle in USD tokens, with countless projects vying to dethrone Tether. Due to Tether’s entrenched network effect, these challengers face an uphill battle with little realistic chance of success. Most educated participants in the space likely recognize this reality but seem content to perpetuate the grift, hoping to cash out by dumping their equity positions on unsuspecting buyers before they realize the reality of the situation.

Historically, Tether’s greatest vulnerability has been U.S. government intervention. For over a decade, the company operated offshore with few allies in the U.S. establishment, making it a major target for regulatory action. That dynamic has shifted recently and Tether has seized the opportunity. By actively courting U.S. government support, Tether has fortified their position. This strategic move will likely cement their status as the dominant USD token for years to come.

While undeniably a great tool for the millions of users that rely on it, Tether is not without flaws. As a centralized, trusted third party, it holds the power to freeze or seize funds at its discretion. Corporate mismanagement or deliberate malpractice could also lead to massive losses at scale. In their goal of mitigating regulatory risk, Tether has deepened ties with law enforcement, mirroring some of the concerns of potential central bank digital currencies. In practice, Tether operates as a corporate CBDC alternative, collaborating with authorities to surveil and seize funds. The company proudly touts partnerships with leading surveillance firms and its own data reveals cooperation in over 1,000 law enforcement cases, with more than $2.5 billion in funds frozen.

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The global demand for Tether is undeniable and the company’s profitability reflects its unrivaled success. Tether is owned and operated by bitcoiners and will likely continue to push forward strategic goals that help the movement as a whole. Recent efforts to mitigate the threat of U.S. government enforcement will likely solidify their network effect and stifle meaningful adoption of rival USD tokens or CBDCs. Yet, for all their achievements, Tether is simply a worse form of money than bitcoin. Tether requires trust in a centralized entity, while bitcoin can be saved or spent without permission. Furthermore, Tether is tied to the value of the US Dollar which is designed to lose purchasing power over time, while bitcoin, as a truly scarce asset, is designed to increase in purchasing power with adoption. As people awaken to the risks of Tether’s control, and the benefits bitcoin provides, bitcoin adoption will likely surpass it.

@ 04c915da:3dfbecc9

One of the most common criticisms leveled against nostr is the perceived lack of assurance when it comes to data storage. Critics argue that without a centralized authority guaranteeing that all data is preserved, important information will be lost. They also claim that running a relay will become prohibitively expensive. While there is truth to these concerns, they miss the mark. The genius of nostr lies in its flexibility, resilience, and the way it harnesses human incentives to ensure data availability in practice.

A nostr relay is simply a server that holds cryptographically verifiable signed data and makes it available to others. Relays are simple, flexible, open, and require no permission to run. Critics are right that operating a relay attempting to store all nostr data will be costly. What they miss is that most will not run all encompassing archive relays. Nostr does not rely on massive archive relays. Instead, anyone can run a relay and choose to store whatever subset of data they want. This keeps costs low and operations flexible, making relay operation accessible to all sorts of individuals and entities with varying use cases.

Critics are correct that there is no ironclad guarantee that every piece of data will always be available. Unlike bitcoin where data permanence is baked into the system at a steep cost, nostr does not promise that every random note or meme will be preserved forever. That said, in practice, any data perceived as valuable by someone will likely be stored and distributed by multiple entities. If something matters to someone, they will keep a signed copy.

Nostr is the Streisand Effect in protocol form. The Streisand effect is when an attempt to suppress information backfires, causing it to spread even further. With nostr, anyone can broadcast signed data, anyone can store it, and anyone can distribute it. Try to censor something important? Good luck. The moment it catches attention, it will be stored on relays across the globe, copied, and shared by those who find it worth keeping. Data deemed important will be replicated across servers by individuals acting in their own interest.

Nostr’s distributed nature ensures that the system does not rely on a single point of failure or a corporate overlord. Instead, it leans on the collective will of its users. The result is a network where costs stay manageable, participation is open to all, and valuable verifiable data is stored and distributed forever.

@ 86dfbe73:628cef55

Es gibt einen neuen Markt. Es ist der Markt der Aufmerksamkeit. Die Aufmerksamkeitsökonomie ist ein Markt, auf dem menschliche Aufmerksamkeit als knappes Gut gilt. Werbetreibende sind zunehmend auf der Suche nach ihr. Aber Vorsicht: Aufmerksamkeit ist nicht das Produkt, sondern das Zahlungsmittel. Wer hier seine Produkte (Informationen) feilbietet, darf froh sein, wenn er Aufmerksamkeit – und nur diese – findet.

Der Schlüssel zum Erfolg in diesem Markt besteht darin, unsere Aufmerksamkeit mit ansprechenden Inhalten zu fesseln, sie durch verschiedene psychologische Tricks und Manipulationen zu erhalten und unsere Gehirne für Werbedollar auszunutzen. Um einem Nutzer Werbung zeigen zu können, muß dieser sich allerdings auf der Plattform befinden. Daher wollen alle Dienste - ob FB, YouTube oder Amazon - Nutzer möglichst lange auf der eigenen Site oder eben App halten. Allerdings ist Aufmerksamkeit eine biologisch begrenzte Ressource, um die immer mehr Angebote konkurrieren.

Der unglückliche Nebeneffekt davon ist, dass diese Manipulationen unsere Fähigkeit, klar zu denken und logische Meinungen zu bilden, weiter beeinträchtigen. Während die verfügbare Zeit pro Tag konstant bleibt, nimmt der Wettbewerb um unsere Aufmerksamkeit exponentiell zu. Unter dem immensen Druck, Engagement und Wachstum in den Vordergrund zu stellen, haben die kommerziellen Plattformen einen Wettlauf um die Aufmerksamkeit der Menschen in Gang gesetzt, der unsichtbare Schäden für die Gesellschaft verursacht hat.

Der Internet-Nutzer hat heutzutage, mit den richtigen Tools, die Macht über seine kostbare Aufmerksamkeit und wird deswegen jede Werbung wegfiltern, er wird jedes Bezahlmodell unterlaufen, das sich ihm in den Weg stellt und er wird jeden Text aus seinem Kontext reißen und ihn einbetten in seinen eigenen Kontext.

Wir müssen Aufmerksamkeit als politische Kategorie bewerten. Die Beobachtung, dass Energie der Aufmerksamkeit folgt, gilt als Grundlage für politische Debatten und bestimmt das Bild von Öffentlichkeit. Welcher Meinungsäußerung wird öffentlich Aufmerksamkeit geschenkt und welche Meinungen läßt man privat an sich heran?

@ 04c915da:3dfbecc9

Bitcoin has always been rooted in freedom and resistance to authority. I get that many of you are conflicted about the US Government stacking but by design we cannot stop anyone from using bitcoin. Many have asked me for my thoughts on the matter, so let’s rip it.

Concern

One of the most glaring issues with the strategic bitcoin reserve is its foundation, built on stolen bitcoin. For those of us who value private property this is an obvious betrayal of our core principles. Rather than proof of work, the bitcoin that seeds this reserve has been taken by force. The US Government should return the bitcoin stolen from Bitfinex and the Silk Road.

Using stolen bitcoin for the reserve creates a perverse incentive. If governments see bitcoin as a valuable asset, they will ramp up efforts to confiscate more bitcoin. The precedent is a major concern, and I stand strongly against it, but it should be also noted that governments were already seizing coin before the reserve so this is not really a change in policy.

Ideally all seized bitcoin should be burned, by law. This would align incentives properly and make it less likely for the government to actively increase coin seizures. Due to the truly scarce properties of bitcoin, all burned bitcoin helps existing holders through increased purchasing power regardless. This change would be unlikely but those of us in policy circles should push for it regardless. It would be best case scenario for American bitcoiners and would create a strong foundation for the next century of American leadership.

Optimism

The entire point of bitcoin is that we can spend or save it without permission. That said, it is a massive benefit to not have one of the strongest governments in human history actively trying to ruin our lives.

Since the beginning, bitcoiners have faced horrible regulatory trends. KYC, surveillance, and legal cases have made using bitcoin and building bitcoin businesses incredibly difficult. It is incredibly important to note that over the past year that trend has reversed for the first time in a decade. A strategic bitcoin reserve is a key driver of this shift. By holding bitcoin, the strongest government in the world has signaled that it is not just a fringe technology but rather truly valuable, legitimate, and worth stacking.

This alignment of incentives changes everything. The US Government stacking proves bitcoin’s worth. The resulting purchasing power appreciation helps all of us who are holding coin and as bitcoin succeeds our government receives direct benefit. A beautiful positive feedback loop.

Realism

We are trending in the right direction. A strategic bitcoin reserve is a sign that the state sees bitcoin as an asset worth embracing rather than destroying. That said, there is a lot of work left to be done. We cannot be lulled into complacency, the time to push forward is now, and we cannot take our foot off the gas. We have a seat at the table for the first time ever. Let's make it worth it.

We must protect the right to free usage of bitcoin and other digital technologies. Freedom in the digital age must be taken and defended, through both technical and political avenues. Multiple privacy focused developers are facing long jail sentences for building tools that protect our freedom. These cases are not just legal battles. They are attacks on the soul of bitcoin. We need to rally behind them, fight for their freedom, and ensure the ethos of bitcoin survives this new era of government interest. The strategic reserve is a step in the right direction, but it is up to us to hold the line and shape the future.

@ df478568:2a951e67

Mene sells investment grade, 24 kt gold jewelry. 24kt gold is 100% atomic number 79, AU, gold like a nugget. More pure than Ivory soap. Best of all, you can buy it the greatest money ever made. By the way, this really is not investment advice. I am bearish on the gold/bitcoin trade anyway. I'm old enough to remember [when a whole coin first became worth more than an ounce of gold.

nostr:nevent1qqsrssrzndmlv6vatcsg5ahzz9hy9k7026x4fq2ntwh3zfaw6hdtj0cjmjyn9.

Unfortunately, I didn't have an ounce of gold back then. I only had a few grams I didn't sell for bitcoin and like eight fiat bucks.

Gold is about gifts for me. I don't have any gold myself, except for  an 18 kt gold necklace my grandmother gave me when I was seven. I'm never selling it I would have a lot more bitcoin if I sold that necklace when bitcoin was $200, but I keep it for sentimental reasons. It's not about the money, it's about the utility of gold. 

Reduce Your Non-Strategic Future Trash Reserve

I don't like spending sats on stuff you expect to throw away within 5 years or less. l'll buy a pair of shoes  very now and then, but it doesn't make sense to go on a shopping spree at The Dollar Tree, where nothing is a dollar, nor built to last. Expect everything you buy at The Dollar Tree to be buried in a landfill within a few years. 

Consider this your non-strategic future trash reserve. Every 1,000 sats you don't spend is a thousand sats stacked. Put those sats into your Strategic Bitcoin Reserve instead of your non-strategic future trash reserve.

*“He is so rich, he has no room to shit.”

– Marcus Aurelius, Meditations*

People Don't Throw Gold Away

I still have that gold necklace even though it no longer fits my neck. If you buy someone a smart watch, you can bet your last sat it will help fill a landfill within 5 years or less. This is not financial advice. If you give the gift of a 24 kt. gold bracelet, you know it won't be thrown away. It might get stolen or sold, but nobody in their right mind is throwing gold away like a sock with holes in it.

That's why I like buying gold as a gift. Besides, my wife and daughter both like gold jewelery. Go figure. I have given them sats before. They prefer the gold. Well, my wife doesn't want to spend the sats anymore, but she did. In the old 144 block days, she She used to joke, "My husband never shuts up about bitcoin. It's money we can't spend. That's not the case anymore. Block by block, bitcoin is accepted more and more places. Menē accepts bitcoin for gold Jewelry.

I don't know if Menē stacks sats, but they do use the lightning network. I doubt they keep the sats. They use BitPay, the company BTCpayServer set out to destroy. I still use bitcoin over the lightning network to stack sats because, like BTCPins says…

Gold Is Stack-able

I'm not saying to spend your whole stack on a Cuban Link. You can start small. Buy a charm. It will come with a free leather strap, but just so you know, it's a trap. My wife said she loves the charm, but needs a charm bracelet to go with it because she's not wearing a strap. Good, now I know what to get her for Christmas. You could save sats for something nice though and many of the pieces are stack-able. Maybe you can't afford a whole ounce today. Buy a few grams and add to it as the blocks go by and the charms presumably become cheaper. Gold is the bigger asset right now and it has gone up quite a bit recently, but bitcoin is hovering just below the Gold/bitcoin all time high. i can't predict the future, but I want to re-iterate, just because they market this as investment jewelry, I am not saying this is investment advice. This is about giving the gift of bitcoin 1.0.

There's a metric ton of different charms that can be added to a bracelet or necklace. This makes gold a gift that keeps on giving. Buy a bracelet for her birthday this year and you can buy her a charm next year. They say bitcoin is digital gold. What better way to begin teaching people digital gold than by using analog gold? Again, I don't expect gold to be the biggest asset in the world for long. This is about showing your loved ones that bitcoin is better than gold.

You can spend sats at Menē. They will send you 100% pure gold. They charge spot for the gold and add a 25% fee for their labor. They will send your gift to the destination of your choice. You can even set the delivery date if you order in advance. Each piece is hand crafted and made to order like Burger King, but built to last and no seed oil. Best of all, they have 44,441 reviews as of block 897,304.

Each piece also comes with a letter of authenticity. It shows how many grams of 100% gold it's made of. It's not as good as a UTXO, but they say the jewelry is as good as gold. If you want to give bitcoin away, buy one of my birthday cards, but if you want to buy something your loved ones won't throw away, buy Menē. They accept bitcoin for tariff-free gold jewelry, hand-crafted in the United States of America. They accept bitcoin, but you know what they don't accept? Gold because bitcoin is better than gold for selling gold on the Internet.

Menē Is Great!

I give Menē two emoji 5-of-5 orange hearts. They make great gifts worthy of people who stand to inherit generational wealth.

🧡🧡🧡🧡🧡

npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0

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@ 08f96856:ffe59a09

เมื่อพูดถึง Bitcoin Standard หลายคนมักนึกถึงภาพโลกอนาคตที่ทุกคนใช้บิตคอยน์ซื้อกาแฟหรือของใช้ในชีวิตประจำวัน ภาพแบบนั้นดูเหมือนไกลตัวและเป็นไปไม่ได้ในความเป็นจริง หลายคนถึงกับพูดว่า “คงไม่ทันเห็นในช่วงชีวิตนี้หรอก” แต่ในมุมมองของผม Bitcoin Standard อาจไม่ได้เริ่มต้นจากการที่เราจ่ายบิตคอยน์โดยตรงในร้านค้า แต่อาจเริ่มจากบางสิ่งที่เงียบกว่า ลึกกว่า และเกิดขึ้นแล้วในขณะนี้ นั่นคือ การล่มสลายทีละน้อยของระบบเฟียตที่เราใช้กันอยู่

ระบบเงินที่อิงกับอำนาจรัฐกำลังเข้าสู่ช่วงขาลง รัฐบาลทั่วโลกกำลังจมอยู่ในภาระหนี้ระดับประวัติการณ์ แม้แต่ประเทศมหาอำนาจก็เริ่มแสดงสัญญาณของภาวะเสี่ยงผิดนัดชำระหนี้ อัตราเงินเฟ้อกลายเป็นปัญหาเรื้อรังที่ไม่มีท่าทีจะหายไป ธนาคารที่เคยโอนฟรีเริ่มกลับมาคิดค่าธรรมเนียม และประชาชนก็เริ่มรู้สึกถึงการเสื่อมศรัทธาในระบบการเงินดั้งเดิม แม้จะยังพูดกันไม่เต็มเสียงก็ตาม

ในขณะเดียวกัน บิตคอยน์เองก็กำลังพัฒนาแบบเงียบ ๆ เงียบ... แต่ไม่เคยหยุด โดยเฉพาะในระดับ Layer 2 ที่เริ่มแสดงศักยภาพอย่างจริงจัง Lightning Network เป็น Layer 2 ที่เปิดใช้งานมาได้ระยะเวลสหนึ่ง และยังคงมีบทบาทสำคัญที่สุดในระบบนิเวศของบิตคอยน์ มันทำให้การชำระเงินเร็วขึ้น มีต้นทุนต่ำ และไม่ต้องบันทึกทุกธุรกรรมลงบล็อกเชน เครือข่ายนี้กำลังขยายตัวทั้งในแง่ของโหนดและการใช้งานจริงทั่วโลก

ขณะเดียวกัน Layer 2 ทางเลือกอื่นอย่าง Ark Protocol ก็กำลังพัฒนาเพื่อตอบโจทย์ด้านความเป็นส่วนตัวและประสบการณ์ใช้งานที่ง่าย BitVM เปิดแนวทางใหม่ให้บิตคอยน์รองรับ smart contract ได้ในระดับ Turing-complete ซึ่งทำให้เกิดความเป็นไปได้ในกรณีใช้งานอีกมากมาย และเทคโนโลยีที่น่าสนใจอย่าง Taproot Assets, Cashu และ Fedimint ก็ทำให้การออกโทเคนหรือสกุลเงินที่อิงกับบิตคอยน์เป็นจริงได้บนโครงสร้างของบิตคอยน์เอง

เทคโนโลยีเหล่านี้ไม่ใช่การเติบโตแบบปาฏิหาริย์ แต่มันคืบหน้าอย่างต่อเนื่องและมั่นคง และนั่นคือเหตุผลที่มันจะ “อยู่รอด” ได้ในระยะยาว เมื่อฐานของความน่าเชื่อถือไม่ใช่บริษัท รัฐบาล หรือทุน แต่คือสิ่งที่ตรวจสอบได้และเปลี่ยนกฎไม่ได้

แน่นอนว่าบิตคอยน์ต้องแข่งขันกับ stable coin, เงินดิจิทัลของรัฐ และ cryptocurrency อื่น ๆ แต่สิ่งที่ทำให้มันเหนือกว่านั้นไม่ใช่ฟีเจอร์ หากแต่เป็นความทนทาน และความมั่นคงของกฎที่ไม่มีใครเปลี่ยนได้ ไม่มีทีมพัฒนา ไม่มีบริษัท ไม่มีประตูปิด หรือการยึดบัญชี มันยืนอยู่บนคณิตศาสตร์ พลังงาน และเวลา

หลายกรณีใช้งานที่เคยถูกทดลองในโลกคริปโตจะค่อย ๆ เคลื่อนเข้ามาสู่บิตคอยน์ เพราะโครงสร้างของมันแข็งแกร่งกว่า ไม่ต้องการทีมพัฒนาแกนกลาง ไม่ต้องพึ่งกลไกเสี่ยงต่อการผูกขาด และไม่ต้องการ “ความเชื่อใจ” จากใครเลย

Bitcoin Standard ที่ผมพูดถึงจึงไม่ใช่การเปลี่ยนแปลงแบบพลิกหน้ามือเป็นหลังมือ แต่คือการ “เปลี่ยนฐานของระบบ” ทีละชั้น ระบบการเงินใหม่ที่อิงอยู่กับบิตคอยน์กำลังเกิดขึ้นแล้ว มันไม่ใช่โลกที่ทุกคนถือเหรียญบิตคอยน์ แต่มันคือโลกที่คนใช้อาจไม่รู้ตัวด้วยซ้ำว่า “สิ่งที่เขาใช้นั้นอิงอยู่กับบิตคอยน์”

ผู้คนอาจใช้เงินดิจิทัลที่สร้างบน Layer 3 หรือ Layer 4 ผ่านแอป ผ่านแพลตฟอร์ม หรือผ่านสกุลเงินใหม่ที่ดูไม่ต่างจากเดิม แต่เบื้องหลังของระบบจะผูกไว้กับบิตคอยน์

และถ้ามองในเชิงพัฒนาการ บิตคอยน์ก็เหมือนกับอินเทอร์เน็ต ครั้งหนึ่งอินเทอร์เน็ตก็ถูกมองว่าเข้าใจยาก ต้องพิมพ์ http ต้องรู้จัก TCP/IP ต้องตั้ง proxy เอง แต่ปัจจุบันผู้คนใช้งานอินเทอร์เน็ตโดยไม่รู้ว่าเบื้องหลังมีอะไรเลย บิตคอยน์กำลังเดินตามเส้นทางเดียวกัน โปรโตคอลกำลังถอยออกจากสายตา และวันหนึ่งเราจะ “ใช้มัน” โดยไม่ต้องรู้ว่ามันคืออะไร

หากนับจากช่วงเริ่มต้นของอินเทอร์เน็ตในยุค 1990 จนกลายเป็นโครงสร้างหลักของโลกในสองทศวรรษ เส้นเวลาของบิตคอยน์ก็กำลังเดินตามรอยเท้าของอินเทอร์เน็ต และถ้าเราเชื่อว่าวัฏจักรของเทคโนโลยีมีจังหวะของมันเอง เราก็จะรู้ว่า Bitcoin Standard นั้นไม่ใช่เรื่องของอนาคตไกลโพ้น แต่มันเกิดขึ้นแล้ว

@ 8d34bd24:414be32b

We are all supposed to share Jesus and His word with those around us. We are called to:

but sanctify Christ as Lord in your hearts, always being ready to make a defense to everyone who asks you to give an account for the hope that is in you, yet with gentleness and reverence (1 Peter 3:15)

We should daily pray to God, read the Bible, and share Jesus with others. Some Christians will choose to go into full-time service to God. They will be pastors or missionaries. They will work for churches, Christian schools, and other Christian ministries. Of course, not everyone will make serving Jesus a career. That doesn’t mean the non-career Christians have no job to do. We are all to be a light to this world.

There is one ministry, though, that I’d argue is most important: sharing the gospel with and discipling our children.

These words, which I am commanding you today, shall be on your heart. You shall teach them diligently to your sons and shall talk of them when you sit in your house and when you walk by the way and when you lie down and when you rise up. (Deuteronomy 6:6-7)

This passage may have been written in the Old Testament, but I’d argue that it is even more true now that we have the truth of Jesus Christ, “the way, the truth, and the life.” If the Jews were called to diligently teach their kids the law, how much more should Christians diligently teach their kids the wonderous works and words of Jesus?

Train up a child in the way he should go, Even when he is old he will not depart from it. (Proverbs 22:6)

We should be so excited about what Jesus has done for us that it flows out of us in our daily lives. We should have a strong desire to learn God’s word and to share it with others, especially our children. We should share our excitement about Jesus with our kids. We should share our gratefulness for all Jesus has done for us. We should share our excitement about doing God’s work. Our children should see our faith in all we do and say.

Taking our kids to church Sunday morning and to Sunday school or youth group once a week is not going to teach our kids the importance of faith in Jesus. Praying openly at meals, at bedtime, when we hear about someone in need, and when a difficult situation happens teaches our kids to rely on Jesus. Reading our Bibles in front of our kids and doing daily devotions (at whatever time works for you, but we do evenings) teaches them the importance of the Scriptures. Acting according to a Biblical worldview and taking the time to explain to our kids the answers to the hard questions when the culture contradicts the Bible. This may mean taking the time to research answers to your kids’ questions because you don’t know the answer. Being patient with our kids, and even apologizing to them when we fail, teaches them to be humble and to repent. As the old saying goes, “morals are caught more than taught.” Also faith in Jesus is caught more than taught.

We need to live Godly lives that are different than the culture, remembering that our children are always watching, even when they are quite young and can’t articulate what they are learning.

We need to actively teach God’s word. This may be summarizing principles when they are young, but as soon as possible, this should include reading God’s word to our kids. (My daily reading is usually in an NASB Bible, but it is difficult for a young child to understand with its long, complex sentences, so I recommend something like the NLT Bible for children.)

“Now this is the commandment, the statutes and the judgments which the Lord your God has commanded me to teach you, that you might do them in the land where you are going over to possess it, so that you and your son and your grandson might fear the Lord your God, to keep all His statutes and His commandments which I command you, all the days of your life, and that your days may be prolonged. (Deuteronomy 6:1-2) {emphasis mine}

We want to share all of our knowledge of God and the Bible with our kids, grandkids, and great grandkids. We want to disciple our kids into strong faith in God and knowledge of the Bible, so they are capable of training their kids and their grandkids. We want to multiply faith in our families.

It is definitely good to have scheduled, intentional times of training our kids about the Bible. This could be part of homeschooling (which I strongly recommend). This could be family devotions, but we want teaching our kids about God to be just a natural part of life.

You shall teach them to your sons, talking of them when you sit in your house and when you walk along the road and when you lie down and when you rise up. (Deuteronomy 11:19)

Talking about what God has done in our lives, what we have learned about in our personal Bible study, and how the Bible relates to things we see in life should all naturally flow out of our interactions together. Talk about what the Bible says about a subject you hear on the news. Talk about what the Bible says about what is happening in a movie you watch. Talk about what the Bible says about the decisions you and your kids are having to make. Talk about what the Bible says about your kids’ relationship with each other and their friends and parents. God should be a normal part of everything in life.

We also want to make sure our actions don’t drive our kids away from God.

Fathers, do not provoke your children to anger, but bring them up in the discipline and instruction of the Lord. (Ephesians 6:4)

The Bible does not make light of our need to train our kids in faith.

Discipline your son while there is hope, And do not desire his death. (Proverbs 19:18)

This is so important that failure to train up our kids in faith is considered desiring our kid’s death.

God finds this training so critical, He also addresses it from the kid’s point of view and commands them to listen to their parent’s teaching.

My son, give attention to my words;\ Incline your ear to my sayings.\ Do not let them depart from your sight;\ Keep them in the midst of your heart.\ For they are life to those who find them\ And health to all their body.\ Watch over your heart with all diligence,\ For from it flow the springs of life. (Proverbs 4:20-23)

In Proverbs 31, the Bible gives the best explanation of a Godly woman and mother.

She opens her mouth in wisdom,\ And the teaching of kindness is on her tongue.\ She looks well to the ways of her household,\ And does not eat the bread of idleness.\ *Her children rise up and bless her*;\ Her husband also, and he praises her, saying:\ “Many daughters have done nobly,\ But you excel them all.” (Proverbs 31:26-29)

A Mom should continually “open her mouth in wisdom,” and teach kindly. A mother who fulfills this commandment faithfully is promised that “Her children rise up and bless her.” Being loved and appreciated by our kids is a wonderful blessing, but even greater is knowing that we will see our children with us in heaven.

May God guide you and encourage you as you teach, train, and discipline your kids to know their God, Creator, and Savior.

Trust Jesus.

@ 04c915da:3dfbecc9

Recently we have seen a wave of high profile X accounts hacked. These attacks have exposed the fragility of the status quo security model used by modern social media platforms like X. Many users have asked if nostr fixes this, so lets dive in. How do these types of attacks translate into the world of nostr apps? For clarity, I will use X’s security model as representative of most big tech social platforms and compare it to nostr.

The Status Quo

On X, you never have full control of your account. Ultimately to use it requires permission from the company. They can suspend your account or limit your distribution. Theoretically they can even post from your account at will. An X account is tied to an email and password. Users can also opt into two factor authentication, which adds an extra layer of protection, a login code generated by an app. In theory, this setup works well, but it places a heavy burden on users. You need to create a strong, unique password and safeguard it. You also need to ensure your email account and phone number remain secure, as attackers can exploit these to reset your credentials and take over your account. Even if you do everything responsibly, there is another weak link in X infrastructure itself. The platform’s infrastructure allows accounts to be reset through its backend. This could happen maliciously by an employee or through an external attacker who compromises X’s backend. When an account is compromised, the legitimate user often gets locked out, unable to post or regain control without contacting X’s support team. That process can be slow, frustrating, and sometimes fruitless if support denies the request or cannot verify your identity. Often times support will require users to provide identification info in order to regain access, which represents a privacy risk. The centralized nature of X means you are ultimately at the mercy of the company’s systems and staff.

Nostr Requires Responsibility

Nostr flips this model radically. Users do not need permission from a company to access their account, they can generate as many accounts as they want, and cannot be easily censored. The key tradeoff here is that users have to take complete responsibility for their security. Instead of relying on a username, password, and corporate servers, nostr uses a private key as the sole credential for your account. Users generate this key and it is their responsibility to keep it safe. As long as you have your key, you can post. If someone else gets it, they can post too. It is that simple. This design has strong implications. Unlike X, there is no backend reset option. If your key is compromised or lost, there is no customer support to call. In a compromise scenario, both you and the attacker can post from the account simultaneously. Neither can lock the other out, since nostr relays simply accept whatever is signed with a valid key.

The benefit? No reliance on proprietary corporate infrastructure.. The negative? Security rests entirely on how well you protect your key.

Future Nostr Security Improvements

For many users, nostr’s standard security model, storing a private key on a phone with an encrypted cloud backup, will likely be sufficient. It is simple and reasonably secure. That said, nostr’s strength lies in its flexibility as an open protocol. Users will be able to choose between a range of security models, balancing convenience and protection based on need.

One promising option is a web of trust model for key rotation. Imagine pre-selecting a group of trusted friends. If your account is compromised, these people could collectively sign an event announcing the compromise to the network and designate a new key as your legitimate one. Apps could handle this process seamlessly in the background, notifying followers of the switch without much user interaction. This could become a popular choice for average users, but it is not without tradeoffs. It requires trust in your chosen web of trust, which might not suit power users or large organizations. It also has the issue that some apps may not recognize the key rotation properly and followers might get confused about which account is “real.”

For those needing higher security, there is the option of multisig using FROST (Flexible Round-Optimized Schnorr Threshold). In this setup, multiple keys must sign off on every action, including posting and updating a profile. A hacker with just one key could not do anything. This is likely overkill for most users due to complexity and inconvenience, but it could be a game changer for large organizations, companies, and governments. Imagine the White House nostr account requiring signatures from multiple people before a post goes live, that would be much more secure than the status quo big tech model.

Another option are hardware signers, similar to bitcoin hardware wallets. Private keys are kept on secure, offline devices, separate from the internet connected phone or computer you use to broadcast events. This drastically reduces the risk of remote hacks, as private keys never touches the internet. It can be used in combination with multisig setups for extra protection. This setup is much less convenient and probably overkill for most but could be ideal for governments, companies, or other high profile accounts.

---

Nostr’s security model is not perfect but is robust and versatile. Ultimately users are in control and security is their responsibility. Apps will give users multiple options to choose from and users will choose what best fits their need.

@ d360efec:14907b5f

🚀📉 #BTC วิเคราะห์ H2! พุ่งชน 105K แล้วเจอแรงขาย... จับตา FVG 100.5K เป็นจุดวัดใจ! 👀📊

จากากรวิเคราะห์ทางเทคนิคสำหรับ #Bitcoin ในกรอบเวลา H2:

สัปดาห์ที่แล้ว #BTC ได้เบรคและพุ่งขึ้นอย่างแข็งแกร่งค่ะ 📈⚡ แต่เมื่อวันจันทร์ที่ผ่านมา ราคาได้ขึ้นไปชนแนวต้านบริเวณ 105,000 ดอลลาร์ แล้วเจอแรงขายย่อตัวลงมาตลอดทั้งวันค่ะ 🧱📉

ตอนนี้ ระดับที่น่าจับตาอย่างยิ่งคือโซน H4 FVG (Fair Value Gap ในกราฟ 4 ชั่วโมง) ที่ 100,500 ดอลลาร์ ค่ะ 🎯 (FVG คือโซนที่ราคาวิ่งผ่านไปเร็วๆ และมักเป็นบริเวณที่ราคามีโอกาสกลับมาทดสอบ/เติมเต็ม)

👇 โซน FVG ที่ 100.5K นี้ ยังคงเป็น Area of Interest ที่น่าสนใจสำหรับมองหาจังหวะ Long เพื่อลุ้นการขึ้นในคลื่นลูกถัดไปค่ะ!

🤔💡 อย่างไรก็ตาม การตัดสินใจเข้า Long หรือเทรดที่บริเวณนี้ ขึ้นอยู่กับว่าราคา แสดงปฏิกิริยาอย่างไรเมื่อมาถึงโซน 100.5K นี้ เพื่อยืนยันสัญญาณสำหรับการเคลื่อนไหวที่จะขึ้นสูงกว่าเดิมค่ะ!

เฝ้าดู Price Action ที่ระดับนี้อย่างใกล้ชิดนะคะ! 📍

BTC #Bitcoin #Crypto #คริปโต #TechnicalAnalysis #Trading #FVG #FairValueGap #PriceAction #MarketAnalysis #ลงทุนคริปโต #วิเคราะห์กราฟ #TradeSetup #ข่าวคริปโต #ตลาดคริปโต

@ f7d424b5:618c51e8

GAMERS, Join us for a vicless episode where we talk about AI for a change and how it has been impacting our lives. I promise it's video games related.

Stuff cited:

• Look at the bags under the Marathon guy's eyes
• Evidence that Marathon stole art

Obligatory:

• Listen to the new episode here!
• Discuss this episode on OUR NEW FORUM
• Get the RSS and Subscribe (this is a new feed URL, but the old one redirects here too!)
• Get a modern podcast app to use that RSS feed on at newpodcastapps.com
• Or listen to the show on the forum using the embedded Podverse player!
• Send your complaints here

Reminder that this is a Value4Value podcast so any support you can give us via a modern podcasting app is greatly appreciated and we will never bow to corporate sponsors!

@ c631e267:c2b78d3e

Die zwei mächtigsten Krieger sind Geduld und Zeit. \ Leo Tolstoi

Zum Wohle unserer Gesundheit, unserer Leistungsfähigkeit und letztlich unseres Glücks ist es wichtig, die eigene Energie bewusst zu pflegen. Das gilt umso mehr für an gesellschaftlichen Themen interessierte, selbstbewusste und kritisch denkende Menschen. Denn für deren Wahrnehmung und Wohlbefinden waren und sind die rasanten, krisen- und propagandagefüllten letzten Jahre in Absurdistan eine harte Probe.

Nur wer regelmäßig Kraft tankt und Wege findet, mit den Herausforderungen umzugehen, kann eine solche Tortur überstehen, emotionale Erschöpfung vermeiden und trotz allem zufrieden sein. Dazu müssen wir erkunden, was uns Energie gibt und was sie uns raubt. Durch Selbstreflexion und Achtsamkeit finden wir sicher Dinge, die uns erfreuen und inspirieren, und andere, die uns eher stressen und belasten.

Die eigene Energie ist eng mit unserer körperlichen und mentalen Gesundheit verbunden. Methoden zur Förderung der körperlichen Gesundheit sind gut bekannt: eine ausgewogene Ernährung, regelmäßige Bewegung sowie ausreichend Schlaf und Erholung. Bei der nicht minder wichtigen emotionalen Balance wird es schon etwas komplizierter. Stress abzubauen, die eigenen Grenzen zu kennen oder solche zum Schutz zu setzen sowie die Konzentration auf Positives und Sinnvolles wären Ansätze.

Der emotionale ist auch der Bereich, über den «Energie-Räuber» bevorzugt attackieren. Das sind zum Beispiel Dinge wie Überforderung, Perfektionismus oder mangelhafte Kommunikation. Social Media gehören ganz sicher auch dazu. Sie stehlen uns nicht nur Zeit, sondern sind höchst manipulativ und erhöhen laut einer aktuellen Studie das Risiko für psychische Probleme wie Angstzustände und Depressionen.

Geben wir negativen oder gar bösen Menschen keine Macht über uns. Das Dauerfeuer der letzten Jahre mit Krisen, Konflikten und Gefahren sollte man zwar kennen, darf sich aber davon nicht runterziehen lassen. Das Ziel derartiger konzertierter Aktionen ist vor allem, unsere innere Stabilität zu zerstören, denn dann sind wir leichter zu steuern. Aber Geduld: Selbst vermeintliche «Sonnenköniginnen» wie EU-Kommissionspräsidentin von der Leyen fallen, wenn die Zeit reif ist.

Es ist wichtig, dass wir unsere ganz eigenen Bedürfnisse und Werte erkennen. Unsere Energiequellen müssen wir identifizieren und aktiv nutzen. Dazu gehören soziale Kontakte genauso wie zum Beispiel Hobbys und Leidenschaften. Umgeben wir uns mit Sinnhaftigkeit und lassen wir uns nicht die Energie rauben!

Mein Wahlspruch ist schon lange: «Was die Menschen wirklich bewegt, ist die Kultur.» Jetzt im Frühjahr beginnt hier in Andalusien die Zeit der «Ferias», jener traditionellen Volksfeste, die vor Lebensfreude sprudeln. Konzentrieren wir uns auf die schönen Dinge und auf unsere eigenen Talente – soziale Verbundenheit wird helfen, unsere innere Kraft zu stärken und zu bewahren.

[Titelbild: Pixabay]

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Dieser Beitrag wurde mit dem Pareto-Client geschrieben und ist zuerst auf Transition News erschienen.

@ d360efec:14907b5f

@ d360efec:14907b5f

สวัสดีค่ะเพื่อนๆ นักเทรดที่น่ารักทุกคน! 💕 Lina Engword กลับมาพร้อมกับการวิเคราะห์ BTCUSDT.P แบบเจาะลึกเพื่อเตรียมพร้อมสำหรับเทรดวันนี้ค่ะ! 🚀

วันนี้ 12 พฤษภาคม 2568 เวลา 08.15น. ราคา BTCUSDT.P อยู่ที่ 104,642.8 USDT ค่ะ โดยมี Previous Weekly High (PWH) อยู่ที่ 104,967.8 Previous Weekly Low (PWL) ที่ 93,338 ค่ะ

✨ ภาพรวมตลาดวันนี้ ✨

จากการวิเคราะห์ด้วยเครื่องมือคู่ใจของเรา ทั้ง SMC/ICT (Demand/Supply Zone, Order Block, Liquidity), EMA 50/200, Trend Strength, Money Flow, Chart/Price Pattern, Premium/Discount Zone, Trend line, Fibonacci, Elliott Wave และ Dow Theory ใน Timeframe ตั้งแต่ 15m ไปจนถึง Week! 📊 เราพบว่าภาพใหญ่ของ BTCUSDT.P ยังคงอยู่ในแนวโน้มขาขึ้นที่แข็งแกร่งมากๆ ค่ะ 👍 โดยเฉพาะใน Timeframe Day และ Week ที่สัญญาณทุกอย่างสนับสนุนทิศทางขาขึ้นอย่างชัดเจน Money Flow ยังไหลเข้าอย่างต่อเนื่อง และเราเห็นโครงสร้างตลาดแบบ Dow Theory ที่ยก High ยก Low ขึ้นไปเรื่อยๆ ค่ะ

อย่างไรก็ตาม... ใน Timeframe สั้นๆ อย่าง 15m และ 1H เริ่มเห็นสัญญาณของการชะลอตัวและการพักฐานบ้างแล้วค่ะ 📉 อาจมีการสร้าง Buyside และ Sellside Liquidity รอให้ราคาไปกวาดก่อนที่จะเลือกทางใดทางหนึ่ง ซึ่งเป็นเรื่องปกติของการเดินทางของ Smart Money ค่ะ

⚡ เปรียบเทียบแนวโน้มแต่ละ Timeframe ⚡

🪙 แนวโน้มตรงกัน Timeframe 4H, Day, Week ส่วนใหญ่ชี้ไปทาง "ขาขึ้น" ค่ะ ทุกเครื่องมือสนับสนุนแนวโน้มนี้อย่างแข็งแกร่ง 💪 เป้าหมายต่อไปคือการไปทดสอบ PWH และ High เดิม เพื่อสร้าง All-Time High ใหม่ค่ะ! 🪙 แนวโน้มต่างกัน Timeframe 15m, 1H ยังค่อนข้าง "Sideways" หรือ "Sideways Down เล็กน้อย" ค่ะ มีการบีบตัวของราคาและอาจมีการพักฐานสั้นๆ ซึ่งเป็นโอกาสในการหาจังหวะเข้า Long ที่ราคาดีขึ้นค่ะ

💡 วิธีคิดแบบ Market Slayer 💡

เมื่อแนวโน้มใหญ่เป็นขาขึ้นที่แข็งแกร่ง เราจะเน้นหาจังหวะเข้า Long เป็นหลักค่ะ การย่อตัวลงมาในระยะสั้นคือโอกาสของเราในการเก็บของ! 🛍️ เราจะใช้หลักการ SMC/ICT หาโซน Demand หรือ Order Block ที่ Smart Money อาจจะเข้ามาดันราคาขึ้น และรอสัญญาณ Price Action ยืนยันการกลับตัวค่ะ

สรุปแนวโน้มวันนี้:

🪙 ระยะสั้น: Sideways to Sideways Down (โอกาส 55%) ↔️↘️ 🪙 ระยะกลาง: ขาขึ้น (โอกาส 70%) ↗️ 🪙 ระยะยาว: ขาขึ้น (โอกาส 85%) 🚀 🪙 วันนี้: มีโอกาสย่อตัวเล็กน้อยก่อนจะมีแรงซื้อกลับเข้ามาเพื่อไปทดสอบ PWH (โอกาส Sideways Down เล็กน้อย สลับกับ Sideways Up: 60%) 🎢

🗓️ Daily Trade Setup ประจำวันนี้ 🗓️

นี่คือตัวอย่าง Setup ที่ Lina เตรียมไว้ให้พิจารณาค่ะ (เน้นย้ำว่าเป็นเพียงแนวทาง ไม่ใช่คำแนะนำลงทุนนะคะ)

1️⃣ ตัวอย่างที่ 1: รอรับที่โซน Demand (ปลอดภัย, รอยืนยัน)

🪙 Enter: รอราคาย่อตัวลงมาในโซน Demand Zone หรือ Bullish Order Block ที่น่าสนใจใน TF 1H/4H (ดูจากกราฟประกอบนะคะ) และเกิดสัญญาณ Bullish Price Action ที่ชัดเจน เช่น แท่งเทียนกลืนกิน (Engulfing) หรือ Hammer 🪙 TP: บริเวณ PWH 104,967.8 หรือ Buyside Liquidity ถัดไป 🎯 🪙 SL: ใต้ Low ที่เกิดก่อนสัญญาณกลับตัวเล็กน้อย หรือใต้ Demand Zone ที่เข้า 🛡️ 🪙 RRR: ประมาณ 1:2.5 ขึ้นไป ✨ 🪙 อธิบาย: Setup นี้เราจะใจเย็นๆ รอให้ราคาลงมาในโซนที่มีโอกาสเจอแรงซื้อเยอะๆ ตามหลัก SMC/ICT แล้วค่อยเข้า เพื่อให้ได้ราคาที่ดีและความเสี่ยงต่ำค่ะ ต้องรอสัญญาณ Price Action ยืนยันก่อนนะคะ ✍️

2️⃣ ตัวอย่างที่ 2: Follow Breakout (สายบู๊, รับความเสี่ยงได้)

🪙 Enter: เข้า Long ทันทีเมื่อราคาสามารถ Breakout เหนือ High ล่าสุดใน TF 15m หรือ 1H พร้อม Volume ที่เพิ่มขึ้นอย่างมีนัยสำคัญ 🔥 🪙 TP: บริเวณ PWH 104,967.8 หรือ Buyside Liquidity ถัดไป 🚀 🪙 SL: ใต้ High ก่อนหน้าที่ถูก Breakout เล็กน้อย 🚧 🪙 RRR: ประมาณ 1:3 ขึ้นไป ✨ 🪙 อธิบาย: Setup นี้เหมาะกับคนที่อยากเข้าไวเมื่อเห็นโมเมนตัมแรงๆ ค่ะ เราจะเข้าเมื่อราคา Breakout แนวต้านระยะสั้นพร้อม Volume เป็นสัญญาณว่าแรงซื้อกำลังมาค่ะ เข้าได้เลยด้วยการตั้ง Limit Order หรือ Market Order เมื่อเห็นการ Breakout ที่ชัดเจนค่ะ 💨

3️⃣ ตัวอย่างที่ 3: พิจารณา Short สั้นๆ ในโซน Premium (สวนเทรนด์หลัก, ความเสี่ยงสูง)

🪙 Enter: หากราคาขึ้นไปในโซน Premium ใน TF 15m หรือ 1H และเกิดสัญญาณ Bearish Price Action ที่ชัดเจน เช่น แท่งเทียน Shooting Star หรือ Bearish Engulfing บริเวณ Supply Zone หรือ Bearish Order Block 🐻 🪙 TP: พิจารณาแนวรับถัดไป หรือ Sellside Liquidity ใน TF เดียวกัน 🎯 🪙 SL: เหนือ High ของสัญญาณ Bearish Price Action เล็กน้อย 💀 🪙 RRR: ประมาณ 1:1.5 ขึ้นไป (เน้นย้ำว่าเป็นการเทรดสวนเทรนด์หลัก ควรใช้ RRR ต่ำและบริหารขนาด Lot อย่างเข้มงวด!) 🪙 อธิบาย: Setup นี้สำหรับคนที่เห็นโอกาสในการทำกำไรจากการย่อตัวระยะสั้นค่ะ เราจะเข้า Short เมื่อเห็นสัญญาณว่าราคาอาจจะมีการพักฐานในโซนที่ถือว่า "แพง" ในกรอบสั้นๆ ค่ะ ต้องตั้ง Stop Loss ใกล้มากๆ และจับตาดูใกล้ชิดนะคะ 🚨

⚠️ Disclaimer: การวิเคราะห์นี้เป็นเพียงความคิดเห็นส่วนตัวของ Lina เท่านั้น ไม่ถือเป็นคำแนะนำในการลงทุนนะคะ การลงทุนมีความเสี่ยง ผู้ลงทุนควรศึกษาข้อมูลเพิ่มเติมและตัดสินใจด้วยความรอบคอบค่ะ 🙏

ขอให้ทุกท่านโชคดีกับการเทรดในวันนี้ค่ะ! มีคำถามอะไรเพิ่มเติม ถามมาได้เลยนะคะ ยินดีเสมอค่ะ! 😊

Bitcoin #BTCUSDT #Crypto #Trading #TechnicalAnalysis #SMC #ICT #MarketSlayer #TradeSetup #คริปโต #เทรดคริปโต #วิเคราะห์กราฟ #LinaEngword 😉

@ 57d56d16:458edffd

Automatic Matrix user creation so ONLY Minecraft players can access, talk and trade outside/with the community.

Moving away from our Discord Server, as that isn't very self sovereign of us :)

https://chat.sovereigncraft.com

========

https://github.com/CappyTech/ServerBridge |

Two-way Matrix chat bridge for Minecraft servers.

ServerBridge enables Spigot/Paper servers to relay chat messages between Minecraft and Matrix rooms in real time. It’s lightweight, server-focused, and ideal for community coordination, moderation, and cross-platform communication.

https://stacker.news/items/983174

@ ba31f050:d3089427

Review portatil MSI Alpha 15 A3DDK Escrito por Juanro49 - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Review%20portatil%20MSI%20Alpha%2015%20A3DDK

¿Se puede vivir sin los servicios de Google en Android? Ésta es mi experiencia - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/%C2%BFSe%20puede%20vivir%20sin%20los%20servicios%20de%20Google%20en%20Android%3F%20%C3%89sta%20es%20mi%20experiencia

Extraer imágenes de sistema Android desde Gnu/Linux - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Extraer%20im%C3%A1genes%20de%20sistema%20Android%20desde%20Gnu%2FLinux

Cómo usar Smart Cards y DNI electrónico en Firefox - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/C%C3%B3mo%20usar%20Smart%20Cards%20y%20DNI%20electr%C3%B3nico%20en%20Firefox

La moneda libre Ğ1, que es y que la diferencia de las demás criptomonedas - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/La%20moneda%20libre%20%C4%9E1,%20que%20es%20y%20que%20la%20diferencia%20de%20las%20dem%C3%A1s%20criptomonedas

F-Droid, la Store para los amantes del OpenSource - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/F-Droid,%20la%20Store%20para%20los%20amantes%20del%20OpenSource

Lenguas de Extremadura - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Lenguas%20de%20Extremadura

Añade fuentes de canales a Agile TV, Zapi TV o cualquier TV Box - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/A%C3%B1ade%20fuentes%20de%20canales%20a%20Agile%20TV,%20Zapi%20TV%20o%20cualquier%20TV%20Box

Lo que los gobiernos y medios de desinformación no te cuentan sobre el covid, las vacunas y es importante que sepas - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Lo%20que%20los%20gobiernos%20y%20medios%20de%20desinformaci%C3%B3n%20no%20te%20cuentan%20sobre%20el%20covid,%20las%20vacunas%20y%20es%20importante%20que%20sepas

Zapi TV: El servicio de televisión con el que los pequeños operadores locales quieren competir con los grandes - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Zapi%20TV:%20El%20servicio%20de%20televisi%C3%B3n%20con%20el%20que%20los%20peque%C3%B1os%20operadores%20locales%20quieren%20competir%20con%20los%20grandes

⁂ Que es el Fediverso y que lo diferencia de Mastodon y otras plataformas libres - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/%E2%81%82%20Que%20es%20el%20Fediverso%20y%20que%20lo%20diferencia%20de%20Mastodon%20y%20otras%20plataformas%20libres

Desempaquetar y empaquetar paquetes Deb - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Desempaquetar%20y%20empaquetar%20paquetes%20Deb

La democracia soviética como modelo de sistema político socialista - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/La%20democracia%20sovi%C3%A9tica%20como%20modelo%20de%20sistema%20pol%C3%ADtico%20socialista

La realidad política extremeña ante el 28 de Mayo - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/La%20realidad%20pol%C3%ADtica%20extreme%C3%B1a%20ante%20el%2028%20de%20Mayo

Que es Nostr y como interactuar desde el Fediverso - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Que%20es%20Nostr%20y%20como%20interactuar%20desde%20el%20Fediverso

La propia CIA admitió que Stalin no era un dictador y que en la URSS había un liderazgo colectivo - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/La%20propia%20CIA%20admiti%C3%B3%20que%20Stalin%20no%20era%20un%20dictador%20y%20que%20en%20la%20URSS%20hab%C3%ADa%20un%20liderazgo%20colectivo

Pagar para rechazar cookies, o como las autoridades de protección de datos se saltan el RGPD - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Pagar%20para%20rechazar%20cookies,%20o%20como%20las%20autoridades%20de%20protecci%C3%B3n%20de%20datos%20se%20saltan%20el%20RGPD

Meta va a comenzar a usar tus datos para entrenar su IA y así te puedes oponer - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Meta%20va%20a%20comenzar%20a%20usar%20tus%20datos%20para%20entrenar%20su%20IA%20y%20as%C3%AD%20te%20puedes%20oponer

Como interactuar con cuentas de Bluesky desde el Fediverso y viceversa - https://fediverse.blog/~/ElBlogDeJuanro@plume.nogafam.es/Como%20interactuar%20con%20cuentas%20de%20Bluesky%20desde%20el%20Fediverso%20y%20viceversa

@ d360efec:14907b5f

Disclaimer: * การวิเคราะห์นี้เป็นเพียงแนวทาง ไม่ใช่คำแนะนำในการซื้อขาย * การลงทุนมีความเสี่ยง ผู้ลงทุนควรตัดสินใจด้วยตนเอง

@ 5f078e90:b2bacaa3

Sloth test

Just a test

Please ignore.

In the lush canopy of a rainforest, Sid the sloth hung lazily from a branch, his mossy fur blending with the leaves. Each day, he nibbled on tender shoots, moving so slowly that ants marched faster. One morning, a curious toucan dropped a shiny berry. Sid, intrigued, reached for it over hours, only to find it was a pebble! Chuckling, he napped, dreaming of sweeter finds. His unhurried life taught the jungle: patience brings its own rewards. (376 characters)

@ c1e9ab3a:9cb56b43

I. Historical Foundations of U.S. Monetary Architecture

The early monetary system of the United States was built atop inherited commodity money conventions from Europe’s maritime economies. Silver and gold coins—primarily Spanish pieces of eight, Dutch guilders, and other foreign specie—formed the basis of colonial commerce. These units were already integrated into international trade and piracy networks and functioned with natural compatibility across England, France, Spain, and Denmark. Lacking a centralized mint or formal currency, the U.S. adopted these forms de facto.

As security risks and the practical constraints of physical coinage mounted, banks emerged to warehouse specie and issue redeemable certificates. These certificates evolved into fiduciary media—claims on specie not actually in hand. Banks observed over time that substantial portions of reserves remained unclaimed for years. This enabled fractional reserve banking: issuing more claims than reserves held, so long as redemption demand stayed low. The practice was inherently unstable, prone to panics and bank runs, prompting eventual centralization through the formation of the Federal Reserve in 1913.

Following the Civil War and unstable reinstatements of gold convertibility, the U.S. sought global monetary stability. After World War II, the Bretton Woods system formalized the U.S. dollar as the global reserve currency. The dollar was nominally backed by gold, but most international dollars were held offshore and recycled into U.S. Treasuries. The Nixon Shock of 1971 eliminated the gold peg, converting the dollar into pure fiat. Yet offshore dollar demand remained, sustained by oil trade mandates and the unique role of Treasuries as global reserve assets.

II. The Structure of Fiduciary Media and Treasury Demand

Under this system, foreign trade surpluses with the U.S. generate excess dollars. These surplus dollars are parked in U.S. Treasuries, thereby recycling trade imbalances into U.S. fiscal liquidity. While technically loans to the U.S. government, these purchases act like interest-only transfers—governments receive yield, and the U.S. receives spendable liquidity without principal repayment due in the short term. Debt is perpetually rolled over, rarely extinguished.

This creates an illusion of global subsidy: U.S. deficits are financed via foreign capital inflows that, in practice, function more like financial tribute systems than conventional debt markets. The underlying asset—U.S. Treasury debt—functions as the base reserve asset of the dollar system, replacing gold in post-Bretton Woods monetary logic.

III. Emergence of Tether and the Parastatal Dollar

Tether (USDT), as a private issuer of dollar-denominated tokens, mimics key central bank behaviors while operating outside the regulatory perimeter. It mints tokens allegedly backed 1:1 by U.S. dollars or dollar-denominated securities (mostly Treasuries). These tokens circulate globally, often in jurisdictions with limited banking access, and increasingly serve as synthetic dollar substitutes.

If USDT gains dominance as the preferred medium of exchange—due to technological advantages, speed, programmability, or access—it displaces Federal Reserve Notes (FRNs) not through devaluation, but through functional obsolescence. Gresham’s Law inverts: good money (more liquid, programmable, globally transferable USDT) displaces bad (FRNs) even if both maintain a nominal 1:1 parity.

Over time, this preference translates to a systemic demand shift. Actors increasingly use Tether instead of FRNs, especially in global commerce, digital marketplaces, or decentralized finance. Tether tokens effectively become shadow base money.

IV. Interaction with Commercial Banking and Redemption Mechanics

Under traditional fractional reserve systems, commercial banks issue loans denominated in U.S. dollars, expanding the money supply. When borrowers repay loans, this destroys the created dollars and contracts monetary elasticity. If borrowers repay in USDT instead of FRNs:

• Banks receive a non-Fed liability (USDT).
• USDT is not recognized as reserve-eligible within the Federal Reserve System.
• Banks must either redeem USDT for FRNs, or demand par-value conversion from Tether to settle reserve requirements and balance their books.

This places redemption pressure on Tether and threatens its 1:1 peg under stress. If redemption latency, friction, or cost arises, USDT’s equivalence to FRNs is compromised. Conversely, if banks are permitted or compelled to hold USDT as reserve or regulatory capital, Tether becomes a de facto reserve issuer.

In this scenario, banks may begin demanding loans in USDT, mirroring borrower behavior. For this to occur sustainably, banks must secure Tether liquidity. This creates two options: - Purchase USDT from Tether or on the secondary market, collateralized by existing fiat. - Borrow USDT directly from Tether, using bank-issued debt as collateral.

The latter mirrors Federal Reserve discount window operations. Tether becomes a lender of first resort, providing monetary elasticity to the banking system by creating new tokens against promissory assets—exactly how central banks function.

V. Structural Consequences: Parallel Central Banking

If Tether begins lending to commercial banks, issuing tokens backed by bank notes or collateralized debt obligations: - Tether controls the expansion of broad money through credit issuance. - Its balance sheet mimics a central bank, with Treasuries and bank debt as assets and tokens as liabilities. - It intermediates between sovereign debt and global liquidity demand, replacing the Federal Reserve’s open market operations with its own issuance-redemption cycles.

Simultaneously, if Tether purchases U.S. Treasuries with FRNs received through token issuance, it: - Supplies the Treasury with new liquidity (via bond purchases). - Collects yield on government debt. - Issues a parallel form of U.S. dollars that never require redemption—an interest-only loan to the U.S. government from a non-sovereign entity.

In this context, Tether performs monetary functions of both a central bank and a sovereign wealth fund, without political accountability or regulatory transparency.

VI. Endgame: Institutional Inversion and Fed Redundancy

This paradigm represents an institutional inversion:

• The Federal Reserve becomes a legacy issuer.
• Tether becomes the operational base money provider in both retail and interbank contexts.
• Treasuries remain the foundational reserve asset, but access to them is mediated by a private intermediary.
• The dollar persists, but its issuer changes. The State becomes a fiscal agent of a decentralized financial ecosystem, not its monetary sovereign.

Unless the Federal Reserve reasserts control—either by absorbing Tether, outlawing its instruments, or integrating its tokens into the reserve framework—it risks becoming irrelevant in the daily function of money.

Tether, in this configuration, is no longer a derivative of the dollar—it is the dollar, just one level removed from sovereign control. The future of monetary sovereignty under such a regime is post-national and platform-mediated.

@ 5d4b6c8d:8a1c1ee3

First, the caveat: Yes, I understand that there's a consistent libertarian case for free trade as a policy position.

With all the discourse around tariffs, I wanted to highlight something of a moral oddity in the arguments being used by many free trade libertarians (I am a free trade libertarian, btw): namely, the idea that we (Americans) should happily take advantage of subsidized exports from poorer countries.

I do agree with the economics of the argument: By subsidizing exports, other countries are imposing a deadweight loss on themselves and passing savings along to US consumers.

Why are libertarians celebrating this, though? Poor, oppressed foreigners are being stolen from by their authoritarian governments and American consumers are benefiting from it financially. Thinking this is a good situation is odd and thinking you have a right to take part in it is even stranger.

Libertarians certainly understand that subsidies are wrong and economically harmful, and that they benefit a select group of politically connected cronies. Nothing about that changes just because it's happening in a foreign country and your grocery bill benefits from it.

Saying "That's how they run their country. It's none of our business." is a plea to moral relativism, which libertarians generally avoid. Libertarians also usually understand that the "they" who rule is not the same as the "they" who are ruled. Is it just too uncomfortable to acknowledge being the beneficiary of abuse?

I can't help but draw parallels to the abolitionists of two hundred years ago, who refused to buy the products of slaves. I think they're mostly viewed as having been "on the right side of history", but they're probably on the "wrong" side of most "free trade" arguments. Another of those arguments being that it doesn't help the poor oppressed foreigner to stop doing business with their oppressor (yes, many lefties get all mixed up about who the oppressors are).

Anyway, I have no brilliant conclusion to offer. What do you all think?

https://stacker.news/items/983054

@ 998034a6:27d87b27

Jo, blomster kommer i alle farger og fasonger. Her har du to eksempler:

@ e3ba5e1a:5e433365

Prelude

I wrote this post differently than any of my others. It started with a discussion with AI on an OPSec-inspired review of separation of powers, and evolved into quite an exciting debate! I asked Grok to write up a summary in my overall writing style, which it got pretty well. I've decided to post it exactly as-is. Ultimately, I think there are two solid ideas driving my stance here:

1. Perfect is the enemy of the good
2. Failure is the crucible of success

Beyond that, just some hard-core belief in freedom, separation of powers, and operating from self-interest.

Intro

Alright, buckle up. I’ve been chewing on this idea for a while, and it’s time to spit it out. Let’s look at the U.S. government like I’d look at a codebase under a cybersecurity audit—OPSEC style, no fluff. Forget the endless debates about what politicians should do. That’s noise. I want to talk about what they can do, the raw powers baked into the system, and why we should stop pretending those powers are sacred. If there’s a hole, either patch it or exploit it. No half-measures. And yeah, I’m okay if the whole thing crashes a bit—failure’s a feature, not a bug.

The Filibuster: A Security Rule with No Teeth

You ever see a firewall rule that’s more theater than protection? That’s the Senate filibuster. Everyone acts like it’s this untouchable guardian of democracy, but here’s the deal: a simple majority can torch it any day. It’s not a law; it’s a Senate preference, like choosing tabs over spaces. When people call killing it the “nuclear option,” I roll my eyes. Nuclear? It’s a button labeled “press me.” If a party wants it gone, they’ll do it. So why the dance?

I say stop playing games. Get rid of the filibuster. If you’re one of those folks who thinks it’s the only thing saving us from tyranny, fine—push for a constitutional amendment to lock it in. That’s a real patch, not a Post-it note. Until then, it’s just a vulnerability begging to be exploited. Every time a party threatens to nuke it, they’re admitting it’s not essential. So let’s stop pretending and move on.

Supreme Court Packing: Because Nine’s Just a Number

Here’s another fun one: the Supreme Court. Nine justices, right? Sounds official. Except it’s not. The Constitution doesn’t say nine—it’s silent on the number. Congress could pass a law tomorrow to make it 15, 20, or 42 (hitchhiker’s reference, anyone?). Packing the court is always on the table, and both sides know it. It’s like a root exploit just sitting there, waiting for someone to log in.

So why not call the bluff? If you’re in power—say, Trump’s back in the game—say, “I’m packing the court unless we amend the Constitution to fix it at nine.” Force the issue. No more shadowboxing. And honestly? The court’s got way too much power anyway. It’s not supposed to be a super-legislature, but here we are, with justices’ ideologies driving the bus. That’s a bug, not a feature. If the court weren’t such a kingmaker, packing it wouldn’t even matter. Maybe we should be talking about clipping its wings instead of just its size.

The Executive Should Go Full Klingon

Let’s talk presidents. I’m not saying they should wear Klingon armor and start shouting “Qapla’!”—though, let’s be real, that’d be awesome. I’m saying the executive should use every scrap of power the Constitution hands them. Enforce the laws you agree with, sideline the ones you don’t. If Congress doesn’t like it, they’ve got tools: pass new laws, override vetoes, or—here’s the big one—cut the budget. That’s not chaos; that’s the system working as designed.

Right now, the real problem isn’t the president overreaching; it’s the bureaucracy. It’s like a daemon running in the background, eating CPU and ignoring the user. The president’s supposed to be the one steering, but the administrative state’s got its own agenda. Let the executive flex, push the limits, and force Congress to check it. Norms? Pfft. The Constitution’s the spec sheet—stick to it.

Let the System Crash

Here’s where I get a little spicy: I’m totally fine if the government grinds to a halt. Deadlock isn’t a disaster; it’s a feature. If the branches can’t agree, let the president veto, let Congress starve the budget, let enforcement stall. Don’t tell me about “essential services.” Nothing’s so critical it can’t take a breather. Shutdowns force everyone to the table—debate, compromise, or expose who’s dropping the ball. If the public loses trust? Good. They’ll vote out the clowns or live with the circus they elected.

Think of it like a server crash. Sometimes you need a hard reboot to clear the cruft. If voters keep picking the same bad admins, well, the country gets what it deserves. Failure’s the best teacher—way better than limping along on autopilot.

States Are the Real MVPs

If the feds fumble, states step up. Right now, states act like junior devs waiting for the lead engineer to sign off. Why? Federal money. It’s a leash, and it’s tight. Cut that cash, and states will remember they’re autonomous. Some will shine, others will tank—looking at you, California. And I’m okay with that. Let people flee to better-run states. No bailouts, no excuses. States are like competing startups: the good ones thrive, the bad ones pivot or die.

Could it get uneven? Sure. Some states might turn into sci-fi utopias while others look like a post-apocalyptic vidya game. That’s the point—competition sorts it out. Citizens can move, markets adjust, and failure’s a signal to fix your act.

Chaos Isn’t the Enemy

Yeah, this sounds messy. States ignoring federal law, external threats poking at our seams, maybe even a constitutional crisis. I’m not scared. The Supreme Court’s there to referee interstate fights, and Congress sets the rules for state-to-state play. But if it all falls apart? Still cool. States can sort it without a babysitter—it’ll be ugly, but freedom’s worth it. External enemies? They’ll either unify us or break us. If we can’t rally, we don’t deserve the win.

Centralizing power to avoid this is like rewriting your app in a single thread to prevent race conditions—sure, it’s simpler, but you’re begging for a deadlock. Decentralized chaos lets states experiment, lets people escape, lets markets breathe. States competing to cut regulations to attract businesses? That’s a race to the bottom for red tape, but a race to the top for innovation—workers might gripe, but they’ll push back, and the tension’s healthy. Bring it—let the cage match play out. The Constitution’s checks are enough if we stop coddling the system.

Why This Matters

I’m not pitching a utopia. I’m pitching a stress test. The U.S. isn’t a fragile porcelain doll; it’s a rugged piece of hardware built to take some hits. Let it fail a little—filibuster, court, feds, whatever. Patch the holes with amendments if you want, or lean into the grind. Either way, stop fearing the crash. It’s how we debug the republic.

So, what’s your take? Ready to let the system rumble, or got a better way to secure the code? Hit me up—I’m all ears.

@ 3f770d65:7a745b24

🏌️ Monday, May 26 – Bitcoin Golf Championship & Kickoff Party

Location: Las Vegas, Nevada\ Event: 2nd Annual Bitcoin Golf Championship & Kick Off Party"\ Where: Bali Hai Golf Clubhouse, 5160 S Las Vegas Blvd, Las Vegas, NV 89119\ 🎟️ Get Tickets!

Details:

• The week tees off in style with the Bitcoin Golf Championship. Swing clubs by day and swing to music by night.

• Live performances from Nostr-powered acts courtesy of Tunestr, including Ainsley Costello and others.

• Stop by the Purple Pill Booth hosted by Derek and Tanja, who will be on-boarding golfers and attendees to the decentralized social future with Nostr.

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💬 May 27–29 – Bitcoin 2025 Conference at the Las Vegas Convention Center

Location: The Venetian Resort\ Main Attraction for Nostr Fans: The Nostr Lounge\ When: All day, Tuesday through Thursday\ Where: Right outside the Open Source Stage\ 🎟️ Get Tickets!

Come chill at the Nostr Lounge, your home base for all things decentralized social. With seating for \~50, comfy couches, high-tops, and good vibes, it’s the perfect space to meet developers, community leaders, and curious newcomers building the future of censorship-resistant communication.

Bonus: Right across the aisle, you’ll find Shopstr, a decentralized marketplace app built on Nostr. Stop by their booth to explore how peer-to-peer commerce works in a truly open ecosystem.

Daily Highlights at the Lounge:

• ☕️ Hang out casually or sit down for a deeper conversation about the Nostr protocol

• 🔧 1:1 demos from app teams

• 🛍️ Merch available onsite

• 🧠 Impromptu lightning talks

• 🎤 Scheduled Meetups (details below)

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🎯 Nostr Lounge Meetups

Wednesday, May 28 @ 1:00 PM

• Damus Meetup: Come meet the team behind Damus, the OG Nostr app for iOS that helped kickstart the social revolution. They'll also be showcasing their new cross-platform app, Notedeck, designed for a more unified Nostr experience across devices. Grab some merch, get a demo, and connect directly with the developers.

Thursday, May 29 @ 1:00 PM

• Primal Meetup: Dive into Primal, the slickest Nostr experience available on web, Android, and iOS. With a built-in wallet, zapping your favorite creators and friends has never been easier. The team will be on-site for hands-on demos, Q\&A, merch giveaways, and deeper discussions on building the social layer of Bitcoin.

---

🎙️ Nostr Talks at Bitcoin 2025

If you want to hear from the minds building decentralized social, make sure you attend these two official conference sessions:

1. FROSTR Workshop: Multisig Nostr Signing

• 🕚 Time: 11:30 AM – 12:00 PM

• 📅 Date: Wednesday, May 28

• 📍 Location: Developer Zone

• 🎤 Speaker: nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqs9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qf4ggfm (Austin Kelsay) @ Voltage\ A deep-dive into FROST-based multisig key management for Nostr. Geared toward devs and power users interested in key security.

2. Panel: Decentralizing Social Media

• 🕑 Time: 2:00 PM – 2:30 PM

• 📅 Date: Thursday, May 29

• 📍 Location: Genesis Stage

• 🎙️ Moderator: nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jsqgxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlq00heps - Bitcoin Strategy @ Roxom TV

• 👥 Speakers:

• nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsy2ga7trfetvd3j65m3jptqw9k39wtq2mg85xz2w542p5dhg06e5qmhlpep – Early Bitcoin dev, CEO @ Sirius Business Ltd

• nostr:nprofile1qy2hwumn8ghj7mn0wd68ytndv9kxjm3wdahxcqg5waehxw309ahx7um5wfekzarkvyhxuet5qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncdhu7e3 – Analyst & Partner @ Ego Death Capital

Get the big-picture perspective on why decentralized social matters and how Nostr fits into the future of digital communication.

---

🌃 NOS VEGAS Meetup & Afterparty

Date: Wednesday, May 28\ Time: 7:00 PM – 1:00 AM\ Location: We All Scream Nightclub, 517 Fremont St., Las Vegas, NV 89101\ 🎟️ Get Tickets!

What to Expect:

• 🎶 Live Music Stage – Featuring Ainsley Costello, Sara Jade, Able James, Martin Groom, Bobby Shell, Jessie Lark, and other V4V artists

• 🪩 DJ Party Deck – With sets by nostr:nprofile1qy0hwumn8ghj7cmgdae82uewd45kketyd9kxwetj9e3k7mf6xs6rgqgcwaehxw309ahx7um5wgh85mm694ek2unk9ehhyecqyq7hpmq75krx2zsywntgtpz5yzwjyg2c7sreardcqmcp0m67xrnkwylzzk4 , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgkwaehxw309anx2etywvhxummnw3ezucnpdejqqg967faye3x6fxgnul77ej23l5aew8yj0x2e4a3tq2mkrgzrcvecfsk8xlu3 , and more DJs throwing down

• 🛰️ Live-streamed via Tunestr

• 🧠 Nostr Education – Talks by nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq37amnwvaz7tmwdaehgu3dwfjkccte9ejx2un9ddex7umn9ekk2tcqyqlhwrt96wnkf2w9edgr4cfruchvwkv26q6asdhz4qg08pm6w3djg3c8m4j , nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgxchnavlnv8t5vky5dsa87ddye0jc8z9eza8ekvfryf3yt649mytvhadgpe , nostr:nprofile1q9z8wumn8ghj7erzx3jkvmmzw4eny6tvw368wdt8da4kxamrdvek76mrwg6rwdngw94k67t3v36k77tev3kx7vn2xa5kjem9dp4hjepwd3hkxctvqyg8wumn8ghj7mn0wd68ytnhd9hx2qpqyaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgssuy4zk , nostr:nprofile1qy28wue69uhnzvpwxqhrqt33xgmn5dfsx5cqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyqqswavgevxe9gs43vwylumr7h656mu9vxmw4j6qkafc3nefphzpph8ssvcgf8 , and more.

• 🧾 Vendors & Project Booths – Explore new tools and services

• 🔐 Onboarding Stations – Learn how to use Nostr hands-on

• 🐦 Nostrich Flocking – Meet your favorite nyms IRL

• 🍸 Three Full Bars – Two floors of socializing overlooking vibrant Fremont Street

This is the after-party of the year for those who love freedom technology and decentralized social community. Don’t miss it.

---

Final Thoughts

Whether you're there to learn, network, party, or build, Bitcoin 2025 in Las Vegas has a packed week of Nostr-friendly programming. Be sure to catch all the events, visit the Nostr Lounge, and experience the growing decentralized social revolution.

🟣 Find us. Flock with us. Purple pill someone.

@ 998034a6:27d87b27

Skjønner du? Bare tekst.

@ a5ee4475:2ca75401

ai #artificial #intelligence #english #tech

---

Open Source

---

Models

Text

• LLAMA - Large Language Model Meta AI - Text AI [source]
• MistralAI - Text AI [info] [source]

Image

• SDAI FOSS - Stable Diffusion AI to Android [download] [source] 🤖
• Stable Diffusion - Text to image [source] 🌐
• Pixart Alpha - Photorealistic Text to Image Generation [source]
• Pixart Delta - Framework to Pixart Alpha [paper] [source]
• Pixart Sigma - 4K Text to Image Generation [source]
• OmniGen - Pompt, image or subject to image [source]
• Pigallery - Self-Hosted AI Image Generator [source]

Video

• CogVideo - Text and image to video generation [info] [source] [test]

---

Tools

• Evo AI - Platform for creating and managing AI agents, enabling integration A2A [source]

Lightning Based

• Animal Sunset - AI video generation with Nostr npub by lightning payments [source]
• Ai Rand - AI text generation with Pubky DNS by lightning payments [source]
• PlebAI - Text and Image generation without signup [source] 🌐🤖🍎 [sites down - only github available]

Others

• HuggingFace - Test and collaborate on models, datasets and apps. [source]
• DuckDuckGo AI Chat - Famous AIs without Login [source]
• Ollama - Run LLMs Locally [source]
• DreamStudio - Stable Diffusion’s Web App Tool [info] [source]
• Prompt Gallery - AI images with their prompts [source]

---

Closed Source

---

Models

Text

• ChatGPT
• Claude
• Gemini
• Copilot
• Maritalk - Text AI in Portuguese focused on Brazil with model Sabia-3 and the open source models Sabia-7b and Sabia-2 [source]
• Amazônia IA - Text AI in Portuguese focused on Brazil with the guara, hapia and golia models [source]

Image

• Midjourney

Video

• Minimax - Realistic videos (prompts only in chinese)

---

Tools

• Meshy - 3D Generative AI Toolbox [info]

---

Other index: Amazing AI

@ c631e267:c2b78d3e

Information ohne Reflexion ist geistiger Flugsand. \ Ernst Reinhardt

Der lateinische Ausdruck «Quo vadis» als Frage nach einer Entwicklung oder Ausrichtung hat biblische Wurzeln. Er wird aber auch in unserer Alltagssprache verwendet, laut Duden meist als Ausdruck von Besorgnis oder Skepsis im Sinne von: «Wohin wird das führen?»

Der Sinn und Zweck von so mancher politischen Entscheidung erschließt sich heutzutage nicht mehr so leicht, und viele Trends können uns Sorge bereiten. Das sind einerseits sehr konkrete Themen wie die zunehmende Militarisierung und die geschichtsvergessene Kriegstreiberei in Europa, deren Feindbildpflege aktuell beim Gedenken an das Ende des Zweiten Weltkriegs beschämende Formen annimmt.

Auch das hohe Gut der Schweizer Neutralität scheint immer mehr in Gefahr. Die schleichende Bewegung der Eidgenossenschaft in Richtung NATO und damit weg von einer Vermittlerposition erhält auch durch den neuen Verteidigungsminister Anschub. Martin Pfister möchte eine stärkere Einbindung in die europäische Verteidigungsarchitektur, verwechselt bei der Argumentation jedoch Ursache und Wirkung.

Das Thema Gesundheit ist als Zugpferd für Geschäfte und Kontrolle offenbar schon zuverlässig etabliert. Die hauptsächlich privat finanzierte Weltgesundheitsorganisation (WHO) ist dabei durch ein Netzwerk von sogenannten «Collaborating Centres» sogar so weit in nationale Einrichtungen eingedrungen, dass man sich fragen kann, ob diese nicht von Genf aus gesteuert werden.

Das Schweizer Bundesamt für Gesundheit (BAG) übernimmt in dieser Funktion ebenso von der WHO definierte Aufgaben und Pflichten wie das deutsche Robert Koch-Institut (RKI). Gegen die Covid-«Impfung» für Schwangere, die das BAG empfiehlt, obwohl es fehlende wissenschaftliche Belege für deren Schutzwirkung einräumt, formiert sich im Tessin gerade Widerstand.

Unter dem Stichwort «Gesundheitssicherheit» werden uns die Bestrebungen verkauft, essenzielle Dienste mit einer biometrischen digitalen ID zu verknüpfen. Das dient dem Profit mit unseren Daten und führt im Ergebnis zum Verlust unserer demokratischen Freiheiten. Die deutsche elektronische Patientenakte (ePA) ist ein Element mit solchem Potenzial. Die Schweizer Bürger haben gerade ein Referendum gegen das revidierte E-ID-Gesetz erzwungen. In Thailand ist seit Anfang Mai für die Einreise eine «Digital Arrival Card» notwendig, die mit ihrer Gesundheitserklärung einen Impfpass «durch die Hintertür» befürchten lässt.

Der massive Blackout auf der iberischen Halbinsel hat vermehrt Fragen dazu aufgeworfen, wohin uns Klimawandel-Hysterie und «grüne» Energiepolitik führen werden. Meine Kollegin Wiltrud Schwetje ist dem nachgegangen und hat in mehreren Beiträgen darüber berichtet. Wenig überraschend führen interessante Spuren mal wieder zu internationalen Großbanken, Globalisten und zur EU-Kommission.

Zunehmend bedenklich ist aber ganz allgemein auch die manifestierte Spaltung unserer Gesellschaften. Angesichts der tiefen und sorgsam gepflegten Gräben fällt es inzwischen schwer, eine zukunftsfähige Perspektive zu erkennen. Umso begrüßenswerter sind Initiativen wie die Kölner Veranstaltungsreihe «Neue Visionen für die Zukunft». Diese möchte die Diskussionskultur reanimieren und dazu beitragen, dass Menschen wieder ohne Angst und ergebnisoffen über kontroverse Themen der Zeit sprechen.

Quo vadis – Wohin gehen wir also? Die Suche nach Orientierung in diesem vermeintlichen Chaos führt auch zur Reflexion über den eigenen Lebensweg. Das ist positiv insofern, als wir daraus Kraft schöpfen können. Ob derweil der neue Papst, dessen «Vorgänger» Petrus unsere Ausgangsfrage durch die christliche Legende zugeschrieben wird, dabei eine Rolle spielt, muss jede/r selbst wissen. Mir persönlich ist allein schon ein Führungsanspruch wie der des Petrusprimats der römisch-katholischen Kirche eher suspekt.

[Titelbild: Pixabay]

---

Dieser Beitrag wurde mit dem Pareto-Client geschrieben und ist zuerst auf Transition News erschienen.

@ 5d4b6c8d:8a1c1ee3

What do we mean when we talk about "fitness"? The word implies a connection to a higher purpose: "Fitness for what?"

Biologically, "fitness" refers to the propensity of an organism to pass on it's genes. Biological fitness is clearly context dependent: i.e. an anaconda isn't so fit if it gets moved to the arctic. I think we can build on that, while making it more human.

I think of fitness as our capacity to thrive in our environment. That's going to be different for each of us, depending on our environment and our preferences. However, there are some useful implications of thinking of fitness this way: 1. Chores, errands, work, play, and family activities might be the best kind of exercise, since they are physical activities that are directly tied to your lifestyle. 2. Supplemental exercise should be geared towards your lifestyle and improving your ability to accomplish things you need to be able to do. 3. There's no such thing as a universal "best exercise" or "best diet", because we all have different fitness objectives. 4. "Fitness" is not static: We do different things and have different priorities at different points in our lives, so our fitness goals should change over time. Many of us will even have seasonal fitness changes, since we don't do the same things in winter as we do in summer.

How do you all think about "fitness"?

Is it a highfalutin ivory tower concept or is it just ABs?

https://stacker.news/items/982981

@ 4c191b5d:c42abba6

Eine kritische Auseinandersetzung mit Poppers Toleranzparadoxon

Vor kurzem wurde in einer Diskussion wieder argumentiert, man dürfte nicht tolerant sein mit Verweis auf Poppers Toleranzparadox.

Vielleicht habt ihr dieses Argument in Bezug auf unterschiedliche Themen (Corona, Krieg, Klima, Energie) auch schon gehört. Bei mir löst diese Forderung ein deutliches Störgefühl aus, da genau dieses Argument dafür genutzt wird, um die eigene Position zu verteidigen und andere auszugrenzen. Ich habe dies zum Anlass genommen, und mich intensiver mit der Frage beschäftigt, warum Popper irrte oder Menschen ihn falsch verstehen.

Denn ich begegne Immer wieder dem Argument, dass man nicht zu tolerant sein dürfe, um unsere Gesellschaft vor Intoleranz zu schützen. Dieses Argument stützt sich häufig auf Karl Poppers Toleranzparadoxon, das besagt, dass uneingeschränkte Toleranz gegenüber Intoleranz letztlich die Zerstörung einer toleranten Gesellschaft ermöglicht. Doch je mehr ich darüber nachdenke, desto mehr fallen mir problematische Aspekte dieses Konzepts auf.

Die menschliche Konfliktfähigkeit und Glasls Konfliktdynamik

Menschen sind von Natur aus emotionale Wesen, und unsere Fähigkeit, Konflikte konstruktiv zu lösen, ist oft begrenzt. Der Konfliktforscher Friedrich Glasl hat mit seinem Modell der neun Eskalationsstufen gezeigt, wie Konflikte schleichend von einer sachlichen Meinungsverschiedenheit zu einer destruktiven Auseinandersetzung eskalieren können.

In den frühen Stufen sind wir vielleicht noch in der Lage, rational zu diskutieren und Lösungen zu finden. Aber sobald Emotionen ins Spiel kommen, fällt es uns schwer, zwischen Beobachtung und Bewertung zu unterscheiden. Wir nehmen Kritik persönlich, fühlen uns angegriffen und reagieren defensiv. Diese Dynamik kann dazu führen, dass wir uns in unseren Positionen verhärten und der Konflikt weiter eskaliert.

Wenn wir nun Poppers Paradoxon anwenden und Intoleranz nicht tolerieren, riskieren wir, diesen Eskalationsprozess zu beschleunigen. Anstatt Brücken zu bauen, reissen wir sie ein. Wir schliessen Menschen aus dem Dialog aus und nehmen ihnen die Möglichkeit, ihre Sichtweisen zu überdenken.

Wer bestimmt, was intolerant ist? Wer hat das Recht zu entscheiden, was als intolerant gilt und was nicht?

Ein zentrales Problem ist die Frage der Definitionsmacht. Unsere Wahrnehmung ist subjektiv, geprägt von persönlichen Erfahrungen, kulturellem Hintergrund und gesellschaftlichen Normen. Wenn jeder für sich beansprucht, die richtige Definition von Toleranz und Intoleranz zu kennen, entsteht ein gefährliches Machtgefälle. Gruppen könnten ihre eigenen Ansichten als Massstab setzen und abweichende Meinungen als intolerant brandmarken. Dies öffnet Tür und Tor für Willkür und Unterdrückung von Minderheitenmeinungen.

Die Gefahr gegenseitiger Beschuldigungen

In meinen Begegnungen habe ich oft erlebt, wie schnell Diskussionen eskalieren können, wenn beide Seiten sich gegenseitig der Intoleranz beschuldigen. Es entsteht ein Teufelskreis: Jede Partei sieht sich im Recht und die andere im Unrecht. Laut Glasls Konfliktdynamik verschärft sich der Konflikt, je mehr die Kommunikation abbricht und Feindbilder aufgebaut werden.

Anstatt den Konflikt zu lösen, vertiefen sich die Gräben. Die Bereitschaft zum Zuhören schwindet, Vorurteile verfestigen sich, und es entsteht eine Spirale der Eskalation, die schwer zu durchbrechen ist.

Unrealistische Annahmen über menschliches Verhalten

Poppers Paradoxon setzt voraus, dass Menschen in der Lage sind, ihre Emotionen zu kontrollieren und stets rational zu handeln. Doch sind wir ehrlich: Wie oft gelingt uns das wirklich? In hitzigen Debatten kochen die Emotionen hoch, und selbst die besten Argumente prallen ab.

Die Erwartung, dass wir immer sachlich bleiben können, ignoriert die Komplexität menschlicher Interaktionen. Wir sind keine Maschinen, sondern von Gefühlen geleitete Wesen. Diese Realität muss in Betracht gezogen werden, wenn wir über Toleranz und Intoleranz diskutieren.

Ein Plädoyer für Dialog und Verständnis

Anstatt Intoleranz mit Intoleranz zu begegnen, sollten wir uns bemühen, den Dialog zu suchen. Das bedeutet nicht, dass wir hasserfüllte oder menschenfeindliche Äusserungen akzeptieren müssen. Aber wir sollten versuchen, die Ursachen solcher Einstellungen zu verstehen und durch Aufklärung und Bildung entgegenzuwirken.

Durch offene Gespräche können Vorurteile abgebaut und Missverständnisse geklärt werden. Es geht darum, Brücken zu bauen, anstatt Mauern zu errichten. Nur so können wir langfristig eine wirklich tolerante Gesellschaft fördern.

Fazit

Poppers Toleranzparadoxon wirft wichtige Fragen auf, doch seine praktische Anwendung ist mit erheblichen Schwierigkeiten verbunden. Die menschliche Neigung zur Eskalation von Konflikten, wie von Glasl beschrieben, sowie die subjektive Wahrnehmung von Intoleranz erschweren eine klare Umsetzung.

Wir sollten uns darauf konzentrieren, die Konfliktfähigkeit der Menschen zu stärken und Räume für konstruktive Auseinandersetzungen zu schaffen. Toleranz bedeutet nicht, alles hinzunehmen, sondern offen für andere Sichtweisen zu sein und gemeinsam nach Lösungen zu suchen.

In einer Welt, in der mir immer wieder das Argument begegnet, man dürfe nicht zu tolerant sein, plädiere ich dafür, dass wir unsere Definition von Toleranz überdenken. Es geht nicht um Nachgiebigkeit gegenüber Intoleranz, sondern um den mutigen Schritt, aufeinander zuzugehen und den Dialog zu suchen. Nur so können wir verhindern, dass wir in die Fallen der Eskalation tappen und die Werte verlieren, die unsere Gesellschaft ausmachen.

@ 318ebaba:9a262eae

When connecting to multiple relays in the Nostr protocol, users may encounter several challenges that can affect their overall experience. Here are some of the key issues:

Challenges of Connecting to Multiple Relays

• Performance Issues: The lightweight design of Nostr relays can lead to performance bottlenecks, especially when many users are connected simultaneously. This can result in slow message delivery or even failures in posting messages if the relays are overwhelmed[1][2][32].

• Reliability and Connectivity: Users may experience connectivity problems with certain relays, which can lead to inconsistent access to messages or delays in communication. If a relay goes offline or has connectivity issues, it can disrupt the flow of information, making it difficult for users to send or receive messages reliably[3][4][18].

• Data Synchronization: As users connect to multiple relays, ensuring that data is synchronized across these relays can be challenging. Inconsistent data states may arise if different relays store messages differently or if there are delays in message propagation. This can lead to confusion about which messages have been sent or received[7][41].

• Configuration Complexity: Managing connections to multiple relays requires a certain level of technical knowledge. Users need to configure their clients properly to connect to various relays, which can be daunting for those less familiar with the technology. Misconfigurations can lead to connection failures or suboptimal performance[4][21].

• Spam and Quality Control: With the open nature of Nostr, some relays may be more susceptible to spam or low-quality content. Users connecting to multiple relays might encounter a higher volume of irrelevant or unwanted messages, which can detract from the overall user experience[6][32].

• Security Concerns: When using multiple relays, users must be cautious about the security of their connections. Not all relays may implement the same level of security, and connecting to less secure relays could expose users to risks such as data interception or unauthorized access to their messages[26][27].

In summary, while connecting to multiple relays in Nostr offers benefits such as redundancy and improved access to information, users must navigate various challenges related to performance, reliability, configuration, and security. Addressing these issues is crucial for a smooth and effective experience on the Nostr network.

[1] https://forum.dfinity.org/t/introducing-replicatr-enhancing-nostr-with-internet-computer-integration/31861 [2] https://medium.com/coinmonks/a-deep-dive-into-nostr-clients-with-technical-insights-and-code-snippets-b1666bb11fac [3] https://nostr.com/nevent1qqsfvjvg73wxdn7mda28m704r2zv9lnzlcdgh8r0g52lfvy2wj7uw4czyq32rylmsmre84lhxdypy6jlu4dt3fxfwkq9a0p0lqdl9y8hsp0hur4fuw4 [4] https://www.reddit.com/r/nostr/comments/1e6nm68/new_nostream_relay_created_problems_with_publish/ [5] https://www.lynalden.com/the-power-of-nostr/ [6] https://bitcoinmagazine.com/technical/how-nostr-can-improve-bitcoin-privacy [7] https://barelybuggy.blog/2024/11/26/mostr-offline/ [8] https://github.com/scsibug/nostr-rs-relay/issues/126 [9] https://community.umbrel.com/t/nostr-relay-troubleshooting/17828 [10] https://research.dorahacks.io/2024/04/30/nostr-relay-incentive/ [11] https://community.start9.com/t/issue-confirming-nostr-relay/1682 [12] https://arxiv.org/html/2402.05709v1 [13] https://community.umbrel.com/t/nostr-relay-not-connecting/11401 [14] https://www.purplerelay.com/troubleshooting-common-issues-with-nostr-relay-server-a-users-guide/ [15] https://news.ycombinator.com/item?id=35694029 [16] https://substack.com/home/post/p-158872714?utm_campaign=post&utm_medium=web [17] https://stacker.news/items/142013 [18] https://www.reddit.com/r/nostr/comments/1h6admk/are_these_relays_working/ [19] https://news.ycombinator.com/item?id=33746360 [20] https://github.com/scsibug/nostr-rs-relay/issues/195 [21] https://www.purplerelay.com/how-to-run-a-nostr-relay-a-step-by-step-guide/ [22] https://denostr.medium.com/the-future-of-social-communication-nostrs-origins-and-the-next-destination-in-social-networking-27f0c901d7ae [23] https://nostr.com/nevent1qqsqwklh29cvf3z0skhh77xyqf3m53xkppcttf3c8nuc2jqteulfx0czyqcgr7epv9hha2v9afp99l5wl0ljna0zum59fzyhl9v8pgv5xlhf5ava642 [24] https://www.reddit.com/r/nostr/comments/15fyr6r/pervasive_private_key_sharing_seems_dangerous/ [25] https://whtwnd.com/agoracitizen.network/3l2fysaripd2q [26] https://ron.stoner.com/nostr_Security_and_Privacy/ [27] https://forums.puri.sm/t/about-what-is-nostr/20764 [28] https://github.com/nostr-protocol/nips/issues/107 [29] https://medium.com/@volodymyrpavlyshyn/security-features-of-nostr-a0276a22e815 [30] https://nostr.com/nevent1qqspd8fh3tplxtfhjpka3y3glzh63v3ygsdhacyq8dvyrnxtvl09lpczyr2v7dprke9lad2qk0svug55vxguqv7n3dwn9vm63u8n5n84znxjxedjf6c [31] https://nostr.com/nevent1qqs8e2su6n8m2xtg45qdjw7rdcq6w3g5guvt085h52qhg25wxn755sczyrh26kg89z95jqaz4xkex7kaw2t36twtc75vmrfx2k3p3jqvhfa8vzan82f [32] https://www.cointribune.com/en/nostr-et-la-censure-pourquoi-un-reseau-social-decentralise-est-essentiel-2/ [33] https://nostr.com/nevent1qqsv86d756zcw32x0zcvqmr924y5sltvwqud0dywny83ndee30zzrmczyrh26kg89z95jqaz4xkex7kaw2t36twtc75vmrfx2k3p3jqvhfa8vwpfv29 [34] https://github.com/nbd-wtf/nostr-tools/issues [35] https://www.voltage.cloud/blog/the-growth-of-nostr-the-era-of-decentralization [36] https://medium.com/@BingVentures/status-quo-challenges-and-prospect-of-decentralized-social-networks-18f9584f2e8d [37] https://www.reddit.com/r/RedditAlternatives/comments/14s8ao4/greetings_im_here_to_tell_you_about_nostr_a/ [38] https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress- [39] https://github.com/mayneyao/eidos/issues/129 [40] https://www.reddit.com/r/nostr/comments/115a8et/data_duplication_and_distribution_in_nostr_relays/ [41] https://github.com/open-nostr/nostar [42] https://nostr.com/nevent1qqsryg8zuc9rdwldat385al24mdt56wanc6g6hfymy8l9tgtmzsc4nspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg85cx73 [43] https://ckbcn.xlog.app/Nostr-sheng-tai-fa-zhan-xian-zhuang-ji-wen-ti?locale=en [44] https://nostr.com/naddr1qqc92mnvda3kk6twvuk5ummnw3ez6ued2phhgetww35kzmpdwa5hg6pdfehhgetyv43kktt08p5hscnkqgsr7acdvhf6we9fch94qwhpy0nza36e3tgrtkpku25ppuu80f69kfqrqsqqqa28aknkml

@ 998034a6:27d87b27

TEST TEST TEST Her kommer bildene:

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Jo, blomster kommer i alle farger og fasonger. Her har du to eksempler:

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Skjønner du? Bare tekst.

@ 91bea5cd:1df4451c

Básico

bash lsblk # Lista todos os diretorios montados.

Para criar o sistema de arquivos:

bash mkfs.btrfs -L "ThePool" -f /dev/sdx

Criando um subvolume:

bash btrfs subvolume create SubVol

Montando Sistema de Arquivos:

bash mount -o compress=zlib,subvol=SubVol,autodefrag /dev/sdx /mnt

Lista os discos formatados no diretório:

bash btrfs filesystem show /mnt

Adiciona novo disco ao subvolume:

bash btrfs device add -f /dev/sdy /mnt

Lista novamente os discos do subvolume:

bash btrfs filesystem show /mnt

Exibe uso dos discos do subvolume:

bash btrfs filesystem df /mnt

Balancea os dados entre os discos sobre raid1:

bash btrfs filesystem balance start -dconvert=raid1 -mconvert=raid1 /mnt

Scrub é uma passagem por todos os dados e metadados do sistema de arquivos e verifica as somas de verificação. Se uma cópia válida estiver disponível (perfis de grupo de blocos replicados), a danificada será reparada. Todas as cópias dos perfis replicados são validadas.

iniciar o processo de depuração :

bash btrfs scrub start /mnt

ver o status do processo de depuração Btrfs em execução:

bash btrfs scrub status /mnt

ver o status do scrub Btrfs para cada um dos dispositivos

bash btrfs scrub status -d / data btrfs scrub cancel / data

Para retomar o processo de depuração do Btrfs que você cancelou ou pausou:

btrfs scrub resume / data

Listando os subvolumes:

bash btrfs subvolume list /Reports

Criando um instantâneo dos subvolumes:

Aqui, estamos criando um instantâneo de leitura e gravação chamado snap de marketing do subvolume de marketing.

bash btrfs subvolume snapshot /Reports/marketing /Reports/marketing-snap

Além disso, você pode criar um instantâneo somente leitura usando o sinalizador -r conforme mostrado. O marketing-rosnap é um instantâneo somente leitura do subvolume de marketing

bash btrfs subvolume snapshot -r /Reports/marketing /Reports/marketing-rosnap

Forçar a sincronização do sistema de arquivos usando o utilitário 'sync'

Para forçar a sincronização do sistema de arquivos, invoque a opção de sincronização conforme mostrado. Observe que o sistema de arquivos já deve estar montado para que o processo de sincronização continue com sucesso.

bash btrfs filsystem sync /Reports

Para excluir o dispositivo do sistema de arquivos, use o comando device delete conforme mostrado.

bash btrfs device delete /dev/sdc /Reports

Para sondar o status de um scrub, use o comando scrub status com a opção -dR .

bash btrfs scrub status -dR / Relatórios

Para cancelar a execução do scrub, use o comando scrub cancel .

bash $ sudo btrfs scrub cancel / Reports

Para retomar ou continuar com uma depuração interrompida anteriormente, execute o comando de cancelamento de depuração

bash sudo btrfs scrub resume /Reports

mostra o uso do dispositivo de armazenamento:

btrfs filesystem usage /data

Para distribuir os dados, metadados e dados do sistema em todos os dispositivos de armazenamento do RAID (incluindo o dispositivo de armazenamento recém-adicionado) montados no diretório /data , execute o seguinte comando:

sudo btrfs balance start --full-balance /data

Pode demorar um pouco para espalhar os dados, metadados e dados do sistema em todos os dispositivos de armazenamento do RAID se ele contiver muitos dados.

Opções importantes de montagem Btrfs

Nesta seção, vou explicar algumas das importantes opções de montagem do Btrfs. Então vamos começar.

As opções de montagem Btrfs mais importantes são:

**1. acl e noacl

**ACL gerencia permissões de usuários e grupos para os arquivos/diretórios do sistema de arquivos Btrfs.

A opção de montagem acl Btrfs habilita ACL. Para desabilitar a ACL, você pode usar a opção de montagem noacl .

Por padrão, a ACL está habilitada. Portanto, o sistema de arquivos Btrfs usa a opção de montagem acl por padrão.

**2. autodefrag e noautodefrag

**Desfragmentar um sistema de arquivos Btrfs melhorará o desempenho do sistema de arquivos reduzindo a fragmentação de dados.

A opção de montagem autodefrag permite a desfragmentação automática do sistema de arquivos Btrfs.

A opção de montagem noautodefrag desativa a desfragmentação automática do sistema de arquivos Btrfs.

Por padrão, a desfragmentação automática está desabilitada. Portanto, o sistema de arquivos Btrfs usa a opção de montagem noautodefrag por padrão.

**3. compactar e compactar-forçar

**Controla a compactação de dados no nível do sistema de arquivos do sistema de arquivos Btrfs.

A opção compactar compacta apenas os arquivos que valem a pena compactar (se compactar o arquivo economizar espaço em disco).

A opção compress-force compacta todos os arquivos do sistema de arquivos Btrfs, mesmo que a compactação do arquivo aumente seu tamanho.

O sistema de arquivos Btrfs suporta muitos algoritmos de compactação e cada um dos algoritmos de compactação possui diferentes níveis de compactação.

Os algoritmos de compactação suportados pelo Btrfs são: lzo , zlib (nível 1 a 9) e zstd (nível 1 a 15).

Você pode especificar qual algoritmo de compactação usar para o sistema de arquivos Btrfs com uma das seguintes opções de montagem:

• compress=algoritmo:nível
• compress-force=algoritmo:nível

Para obter mais informações, consulte meu artigo Como habilitar a compactação do sistema de arquivos Btrfs .

**4. subvol e subvolid

**Estas opções de montagem são usadas para montar separadamente um subvolume específico de um sistema de arquivos Btrfs.

A opção de montagem subvol é usada para montar o subvolume de um sistema de arquivos Btrfs usando seu caminho relativo.

A opção de montagem subvolid é usada para montar o subvolume de um sistema de arquivos Btrfs usando o ID do subvolume.

Para obter mais informações, consulte meu artigo Como criar e montar subvolumes Btrfs .

**5. dispositivo

A opção de montagem de dispositivo** é usada no sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs.

Em alguns casos, o sistema operacional pode falhar ao detectar os dispositivos de armazenamento usados em um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs. Nesses casos, você pode usar a opção de montagem do dispositivo para especificar os dispositivos que deseja usar para o sistema de arquivos de vários dispositivos Btrfs ou RAID.

Você pode usar a opção de montagem de dispositivo várias vezes para carregar diferentes dispositivos de armazenamento para o sistema de arquivos de vários dispositivos Btrfs ou RAID.

Você pode usar o nome do dispositivo (ou seja, sdb , sdc ) ou UUID , UUID_SUB ou PARTUUID do dispositivo de armazenamento com a opção de montagem do dispositivo para identificar o dispositivo de armazenamento.

Por exemplo,

• dispositivo=/dev/sdb
• dispositivo=/dev/sdb,dispositivo=/dev/sdc
• dispositivo=UUID_SUB=490a263d-eb9a-4558-931e-998d4d080c5d
• device=UUID_SUB=490a263d-eb9a-4558-931e-998d4d080c5d,device=UUID_SUB=f7ce4875-0874-436a-b47d-3edef66d3424

**6. degraded

A opção de montagem degradada** permite que um RAID Btrfs seja montado com menos dispositivos de armazenamento do que o perfil RAID requer.

Por exemplo, o perfil raid1 requer a presença de 2 dispositivos de armazenamento. Se um dos dispositivos de armazenamento não estiver disponível em qualquer caso, você usa a opção de montagem degradada para montar o RAID mesmo que 1 de 2 dispositivos de armazenamento esteja disponível.

**7. commit

A opção commit** mount é usada para definir o intervalo (em segundos) dentro do qual os dados serão gravados no dispositivo de armazenamento.

O padrão é definido como 30 segundos.

Para definir o intervalo de confirmação para 15 segundos, você pode usar a opção de montagem commit=15 (digamos).

**8. ssd e nossd

A opção de montagem ssd** informa ao sistema de arquivos Btrfs que o sistema de arquivos está usando um dispositivo de armazenamento SSD, e o sistema de arquivos Btrfs faz a otimização SSD necessária.

A opção de montagem nossd desativa a otimização do SSD.

O sistema de arquivos Btrfs detecta automaticamente se um SSD é usado para o sistema de arquivos Btrfs. Se um SSD for usado, a opção de montagem de SSD será habilitada. Caso contrário, a opção de montagem nossd é habilitada.

**9. ssd_spread e nossd_spread

A opção de montagem ssd_spread** tenta alocar grandes blocos contínuos de espaço não utilizado do SSD. Esse recurso melhora o desempenho de SSDs de baixo custo (baratos).

A opção de montagem nossd_spread desativa o recurso ssd_spread .

O sistema de arquivos Btrfs detecta automaticamente se um SSD é usado para o sistema de arquivos Btrfs. Se um SSD for usado, a opção de montagem ssd_spread será habilitada. Caso contrário, a opção de montagem nossd_spread é habilitada.

**10. descarte e nodiscard

Se você estiver usando um SSD que suporte TRIM enfileirado assíncrono (SATA rev3.1), a opção de montagem de descarte** permitirá o descarte de blocos de arquivos liberados. Isso melhorará o desempenho do SSD.

Se o SSD não suportar TRIM enfileirado assíncrono, a opção de montagem de descarte prejudicará o desempenho do SSD. Nesse caso, a opção de montagem nodiscard deve ser usada.

Por padrão, a opção de montagem nodiscard é usada.

**11. norecovery

Se a opção de montagem norecovery** for usada, o sistema de arquivos Btrfs não tentará executar a operação de recuperação de dados no momento da montagem.

**12. usebackuproot e nousebackuproot

Se a opção de montagem usebackuproot for usada, o sistema de arquivos Btrfs tentará recuperar qualquer raiz de árvore ruim/corrompida no momento da montagem. O sistema de arquivos Btrfs pode armazenar várias raízes de árvore no sistema de arquivos. A opção de montagem usebackuproot** procurará uma boa raiz de árvore e usará a primeira boa que encontrar.

A opção de montagem nousebackuproot não verificará ou recuperará raízes de árvore inválidas/corrompidas no momento da montagem. Este é o comportamento padrão do sistema de arquivos Btrfs.

**13. space_cache, space_cache=version, nospace_cache e clear_cache

A opção de montagem space_cache** é usada para controlar o cache de espaço livre. O cache de espaço livre é usado para melhorar o desempenho da leitura do espaço livre do grupo de blocos do sistema de arquivos Btrfs na memória (RAM).

O sistema de arquivos Btrfs suporta 2 versões do cache de espaço livre: v1 (padrão) e v2

O mecanismo de cache de espaço livre v2 melhora o desempenho de sistemas de arquivos grandes (tamanho de vários terabytes).

Você pode usar a opção de montagem space_cache=v1 para definir a v1 do cache de espaço livre e a opção de montagem space_cache=v2 para definir a v2 do cache de espaço livre.

A opção de montagem clear_cache é usada para limpar o cache de espaço livre.

Quando o cache de espaço livre v2 é criado, o cache deve ser limpo para criar um cache de espaço livre v1 .

Portanto, para usar o cache de espaço livre v1 após a criação do cache de espaço livre v2 , as opções de montagem clear_cache e space_cache=v1 devem ser combinadas: clear_cache,space_cache=v1

A opção de montagem nospace_cache é usada para desabilitar o cache de espaço livre.

Para desabilitar o cache de espaço livre após a criação do cache v1 ou v2 , as opções de montagem nospace_cache e clear_cache devem ser combinadas: clear_cache,nosapce_cache

**14. skip_balance

Por padrão, a operação de balanceamento interrompida/pausada de um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs será retomada automaticamente assim que o sistema de arquivos Btrfs for montado. Para desabilitar a retomada automática da operação de equilíbrio interrompido/pausado em um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs, você pode usar a opção de montagem skip_balance .**

**15. datacow e nodatacow

A opção datacow** mount habilita o recurso Copy-on-Write (CoW) do sistema de arquivos Btrfs. É o comportamento padrão.

Se você deseja desabilitar o recurso Copy-on-Write (CoW) do sistema de arquivos Btrfs para os arquivos recém-criados, monte o sistema de arquivos Btrfs com a opção de montagem nodatacow .

**16. datasum e nodatasum

A opção datasum** mount habilita a soma de verificação de dados para arquivos recém-criados do sistema de arquivos Btrfs. Este é o comportamento padrão.

Se você não quiser que o sistema de arquivos Btrfs faça a soma de verificação dos dados dos arquivos recém-criados, monte o sistema de arquivos Btrfs com a opção de montagem nodatasum .

Perfis Btrfs

Um perfil Btrfs é usado para informar ao sistema de arquivos Btrfs quantas cópias dos dados/metadados devem ser mantidas e quais níveis de RAID devem ser usados para os dados/metadados. O sistema de arquivos Btrfs contém muitos perfis. Entendê-los o ajudará a configurar um RAID Btrfs da maneira que você deseja.

Os perfis Btrfs disponíveis são os seguintes:

single : Se o perfil único for usado para os dados/metadados, apenas uma cópia dos dados/metadados será armazenada no sistema de arquivos, mesmo se você adicionar vários dispositivos de armazenamento ao sistema de arquivos. Assim, 100% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser utilizado.

dup : Se o perfil dup for usado para os dados/metadados, cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos manterá duas cópias dos dados/metadados. Assim, 50% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser utilizado.

raid0 : No perfil raid0 , os dados/metadados serão divididos igualmente em todos os dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, não haverá dados/metadados redundantes (duplicados). Assim, 100% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser usado. Se, em qualquer caso, um dos dispositivos de armazenamento falhar, todo o sistema de arquivos será corrompido. Você precisará de pelo menos dois dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid0 .

raid1 : No perfil raid1 , duas cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a uma falha de unidade. Mas você pode usar apenas 50% do espaço total em disco. Você precisará de pelo menos dois dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1 .

raid1c3 : No perfil raid1c3 , três cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a duas falhas de unidade, mas você pode usar apenas 33% do espaço total em disco. Você precisará de pelo menos três dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1c3 .

raid1c4 : No perfil raid1c4 , quatro cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a três falhas de unidade, mas você pode usar apenas 25% do espaço total em disco. Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1c4 .

raid10 : No perfil raid10 , duas cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos, como no perfil raid1 . Além disso, os dados/metadados serão divididos entre os dispositivos de armazenamento, como no perfil raid0 .

O perfil raid10 é um híbrido dos perfis raid1 e raid0 . Alguns dos dispositivos de armazenamento formam arrays raid1 e alguns desses arrays raid1 são usados para formar um array raid0 . Em uma configuração raid10 , o sistema de arquivos pode sobreviver a uma única falha de unidade em cada uma das matrizes raid1 .

Você pode usar 50% do espaço total em disco na configuração raid10 . Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid10 .

raid5 : No perfil raid5 , uma cópia dos dados/metadados será dividida entre os dispositivos de armazenamento. Uma única paridade será calculada e distribuída entre os dispositivos de armazenamento do array RAID.

Em uma configuração raid5 , o sistema de arquivos pode sobreviver a uma única falha de unidade. Se uma unidade falhar, você pode adicionar uma nova unidade ao sistema de arquivos e os dados perdidos serão calculados a partir da paridade distribuída das unidades em execução.

Você pode usar 1 00x(N-1)/N % do total de espaços em disco na configuração raid5 . Aqui, N é o número de dispositivos de armazenamento adicionados ao sistema de arquivos. Você precisará de pelo menos três dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid5 .

raid6 : No perfil raid6 , uma cópia dos dados/metadados será dividida entre os dispositivos de armazenamento. Duas paridades serão calculadas e distribuídas entre os dispositivos de armazenamento do array RAID.

Em uma configuração raid6 , o sistema de arquivos pode sobreviver a duas falhas de unidade ao mesmo tempo. Se uma unidade falhar, você poderá adicionar uma nova unidade ao sistema de arquivos e os dados perdidos serão calculados a partir das duas paridades distribuídas das unidades em execução.

Você pode usar 100x(N-2)/N % do espaço total em disco na configuração raid6 . Aqui, N é o número de dispositivos de armazenamento adicionados ao sistema de arquivos. Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid6 .

@ fbe736db:187bb0d5

This article was published in November 2024 by the Bitcoin Collective and is best viewed here for images

Ssssh. Did you hear that? In their recent Q3 2024 earnings call MicroStrategy (NSQ:MSTR) announced plans to buy a further $42 billion worth of Bitcoin over the next 3 calendar years. Here are some reflections on where MicroStrategy has come from, and where they are going.

From the beginning

Let’s rewind as to how we got here. Microstrategy is a business intelligence software company originally founded by Michael Saylor in 1989.

They started acquiring Bitcoin in Q3 2020, firstly via their cash reserves on the balance sheet. This was soon followed by debt issuance (mainly in the form of convertible debt), and has in more recent years been followed by issuing further MSTR equity into the market, alongside yet more convertible debt issuance.

Nearly all the proceeds have gone towards buying bitcoin. As can be seen on the chart below, they have managed to steadily grow these holdings, albeit this growth visibly slowed in the last bear market.

[p13 of Q3 2024 Earnings Presentation. Please note - all screenshots from this article come from the slide deck accompanying the recent MSTR Q3 earnings presentation, which can be viewed by clicking here]

MSTR now holds well over 1% of all the Bitcoin that will ever exist. With Bitcoin nearing all time highs again, this Bitcoin is worth around $18.3bn at the time of writing, and has an average purchase cost of around $9.9bn.

This has led to a spectacular share price performance, unmatched in the entire S&P 500 since August 2020.

[p23 of Q3 2024 Earnings Presentation]

It was not always this way. When I wrote this article in July 2022, MSTR was firmly in the red and sitting on unrealised bitcoin losses of $1.4bn. A search for Michael Saylor on Twitter back then auto-completed to “Michael Saylor liquidated”.

Rumours of imminent demise were always unfounded since the debt was of long enough term, and with the exception of a small proportion, could not be margin called.

A developing strategy

What’s interesting about MicroStrategy since then is their developing vision as to how to add Bitcoin to their balance sheet and more value to shareholders. This is especially in terms of outperforming BTC and achieving what they define as a “positive BTC yield” – not yield in a conventional sense but a measure of increasing the number of bitcoin held per assumed diluted shares outstanding.

The concept of MSTR outperforming bitcoin is interesting to me, as I’ve previously suggested attempting to value MSTR stock as priced in bitcoin rather than dollars. This then begs the question of whether an investment of bitcoin into MSTR shares will positively perform in bitcoin terms over time.

This valuation is very difficult by its nature, but can broadly be done by adding the bitcoin they currently hold on their balance sheet with an estimate of all the bitcoin they may ever acquire in the future, plus an allowance for other factors such as debt.

The landscape has shifted over this period, with Michael Saylor admitting that their strategy has evolved over time. The vital point that I missed when considering how MSTR might acquire more bitcoin in the future was their ability to issue considerable amounts of new equity into the market and achieve two things in doing so:

i) increasing bitcoin held per share of existing shareholders

ii) strengthen their balance sheet to take on more debt (since further debt issued would be a smaller proportion of their overall balance sheet).

“But where does the (btc) yield come from?”

This is not yield in the conventional sense, but nor is it Terra Luna. Firstly, this could come from profits from the business, which are relatively small. More relevantly, let’s consider how both the capital raises from debt and equity have served to increase the bitcoin held per share.

1. Equity “at the money” offerings

Much has been made of MSTR’s market cap (i.e. the overall value of the shares) trading above “Net Asset Value” (NAV) – which is essentially the value of their current bitcoin holdings plus the value of the conventional business, less debt. A multiple approach is used to describe how far above or below NAV this might be.

At the time of writing, the MSTR market cap stands at around $50bn and the value of their bitcoin holdings at $18bn. Given the conventional MSTR business is relatively small, it’s easy to see how this is approaching a multiple of 3x NAV.

If the share price is $240 and the net asset value is only $80 per share, MSTR can then issue more equity at $240, buy more bitcoin with this, and by doing so increase the bitcoin per share of existing shareholders. What’s more, they can keep doing this as long as the share price remains high. As shown above, MSTR has coined the term “BTC yield” to measure how well they are performing at increasing bitcoin held per share.

2. Convertible Debt

This also generally serves to increase bitcoin held per share. To consider how, let’s consider one of the previous convertible debt offerings – those due in 2028 – works in practice

Amount borrowed – $1,010m

Annual interest rate payable – 0.625%

Conversion price – $183.2

As can see MSTR pays a very low interest rate, as most of the value of the bond is in the potential convertibility to MSTR equity at a price of $183.2. Ultimately there is a binary situation here – either the share price is above that level and they end up issuing more equity at that price, or it’s below, and they end up having simply borrowed money at a very low interest rate.

The crucial point is that the convertible bond conversion price is typically set at a premium of at least 30% to the current market share price, whilst MSTR are buying bitcoin at the outset with the bond proceeds.

Hence if all of this debt converts to equity (and all debt looks like it will at present – see slide below), they are typically managing to increase the BTC held per share for existing shareholders.

This is because in this example when the bonds are converted to shares at $183.2, this is done at a premium to the prior share price (let’s say for illustration it was $140) at which MSTR initially issued the debt and converted the borrowing proceeds to bitcoin.

[p16 of Q3 2024 Earnings Presentation]

It is these combined activities that have led to an impressive bitcoin yield of 17.8% for the year to date 2024, and leads to questions for how long this financial alchemy can continue. Some bitcoiners, such as the Quant Bros duo and True North* group (see both here) have spoken of a flywheel effect – the more Bitcoin MSTR can acquire and the higher the bitcoin per share metric goes, the higher the share price, which in turn increases their ability to issue yet more equity and debt to buy more bitcoin and further increase bitcoin per share.

*Side note – Michael Saylor used the phrase “True North” on the Earnings Call; likely not accidental.

One answer to how long this can continue is – as long as the equity and debt markets still show an appetite for snapping up the new debt and equity issuance, even if the share price is high. Michael Saylor characterises it as the beginning of the adoption of Bitcoin as digital capital for these markets, and MSTR constitutes the easiest exposure. They have established a monopoly of sorts – whilst it would feasibly be possible for a large company to catch them in Bitcoin held, it would still have a smaller proportion of its business exposed to Bitcoin than MSTR.

[p21 of Q3 2024 Earnings Presentation]

Volatility is vitality

Michael Saylor is very clear in this earnings call and other interviews that MicroStrategy’s share volatility is a feature and not a bug. It is more volatile than any other S&P stock. As can be seen below, the recent daily trading volume only trails to the very biggest companies in the S&P 500.

Saylor embraces this volatility. It is what gives the optionality component of their convertible debt its value, and allows the interest rate payable to be lower. In addition, when the share price is high MSTR can issue more equity and increase bitcoin per share.

The Earnings presentation makes reference to several different forms of Bitcoin exposure that MSTR can offer to the market now and in the future.

[p27 of Q3 2024 Earnings Presentation]

The MSTR “True North” Principles

The Q3 Earnings call saw the following principles outlined for the first time. The message is clear to the market – do not conflate the dollar volatility of MSTR’s share price with the nature of their Bitcoin principles, which (perhaps analogous to the Bitcoin protocol itself) are intended to be rock solid and consistent. In addition, Saylor cleared up one source of speculation – MSTR will not be seeking to purchase other companies to add to its potential for generating free cash flows to invest into Bitcoin.

[p34 of Q3 2024 Earnings Presentation]

Can’t stop, won’t stop

The Earnings call contained an ambitious plan to raise $42bn more capital over the next 3 calendar years. This would be $21bn worth of equity, by selling new shares into the market (known as an “at the money” equity option), and $21bn worth of fixed income debt. This was split as $10bn in 2025, $14bn in 2026 and $18bn in 2027.

There is no doubting the scale of this ambition – to date MSTR have issued in total around $4.3bn in convertible debt and $4.3bn in terms of issued equity.

One key point is clear in line with the principles listed above. Whilst Saylor wants to raise Capital at opportune times to best benefit shareholders in the long term and to achieve what he terms “intelligent leverage”, he doesn’t try and time his bitcoin buys.

Moreover, he is likely also not bothered that selling so much further equity into the market may not always benefit the share price in the short term.

[p33 of Q3 2024 Earnings Presentation]

Turning up the volume, but is anyone listening?

With this announcement of $42bn to come over the next 3 years, there is no end in sight with respect to MSTR’s thirst for further Bitcoin purchases.

And yet, there was little in the media around the announcement, and despite the share price performance topping the entire S&P 500 over the past 4 years, MicroStrategy sits nowhere on Google Trends in comparison to Bitcoin:

[Source: https://trends.google.co.uk/trends/explore?q=bitcoin,microstrategy&hl=en-GB]

For now, this is no Gamestop. There’s no huge amount of short interest, and the fabled retail crowds are nowhere to be seen. One thing’s for sure though. Buckle up.

Please get in touch with your thoughts and feedback.

@ fbe736db:187bb0d5

This article was first published in July 2024 (and is best viewed) in the Bitcoin Collective here

Simon Sinek asks in his book “The Infinite Game” why more companies don’t operate with an infinite rather than a finite mindset. One main reason he misses, of course, is the money. The good news is there’s a new infinite game in town.

In “The Infinite Game”, Simon Sinek argues that great leaders set up their organisations to succeed beyond their own lifetimes. By recognising and positioning their business with an infinite rather than a finite mindset, they can engender greater trust throughout their employees and also build more resilience into their business. Their companies can also remain true to themselves and their mission, whatever that may be.

Sinek outlines that unfortunately we have entered an age of general subservience from leaders to their shareholders, and a slavery to the balance sheet and short term, “finite”, accounting and strategy. This generally leads to a decline of loyalty and engagement amongst customers and an increase in insecurity and anxiety amongst employees.

There’s plenty to agree with here in general terms. With that said, Sinek fails to identify one of the largest causes of the issues he identifies, which is the money. The book lays the blame on a watershed article from 1970 in which Milton Friedman laid out that “there is one and only one social responsibility of business, to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.” This is noted in the book as a turning point from the original ideas of Adam Smith, for whom the consumer was king, but I couldn’t help but wonder if anything else happened in the early 70s, such as Nixon cancelling the convertibility of dollars into gold in 1971. (see also – https://wtfhappenedin1971.com/).

Sinek bemoans the short term nature of companies since that point, but doesn’t consider how the nature of money has shaped this; surely a much more omnipresent and powerful factor than the writings of Milton Friedman. For the average bitcoiner this may be relatively self evident, but let’s consider the motives of the leadership under a system in which the underlying money cannot hold it’s value and in which credit is artificially priced. Incentives abound – one to laden the company with debt (which all else will likely diminish in real terms over time versus company assets and earnings), acquire other businesses and grow as big as possible in the process. Other options such as share buybacks also reflect short term incentives. Shareholders are going to place their own high short term demands on companies in a world where it is hard to outrun monetary debasement.

What of new businesses? When a new private entity is formed, the business plan is written, agreement on its viability is formed, strategy is set, tactics are agreed and then the first question posed by external stakeholders or posed to the majority shareholders is ‘what is your exit strategy’. Small successful businesses are expected to have a 3-5 year plan, private equity is usually a 3-5 year plan, and the successful larger companies with a longer trajectory also tend to swallow up the smaller successful companies (easier access to debt). With such incentives, it’s no wonder that we tend to see certain outcomes. There are obvious agency problems the larger a company gets, and they are more likely to fail to adhere to an infinite game principle. Smaller companies are forever at risk of getting swallowed up by larger ones.

So how does Bitcoin come into this? In my view, in two ways:

1. Bitcoin is an infinite game within itself

This is one of the subtle but crucial differences that splits Bitcoin sceptics and bitcoiners, and then dominates their onward arguments. If interpreted as a finite game, Bitcoin is for gambling, for speculation, it will have an end, and will be defined by winners and losers. Just the other day, this article framed it as such with the following line – “Whether Bitcoin is rising or falling, or who is buying or not buying it, nothing alters a basic fact: that Bitcoin is a classic zero-sum game. Large numbers of people can make vast paper fortunes by bidding up the price, but they cannot all realise those fortunes, because if everyone sells out the price collapses to zero. In that situation, those who were quick to sell would become rich at the expense of those who were slow to sell.”

Herein lies the problem for this criticism. As far as I can possibly ascertain right now, Bitcoin doesn’t end. Plenty might treat it as a finite game (and dismiss it as a ponzi, or try and trade it), but that treatment is a one way journey, and once you see Bitcoin as an infinite game there is little going back.

Going back to the book, let’s consider the “just cause” that Sinek says all businesses should have. According to Sinek, a just cause defines “the world we hope to live in and will commit to help build. It is the just cause that we are working to advance that gives our work and lives meaning. We know a cause is just when we commit to it with the confidence that others will carry on our legacy.” There are criteria listed too – a just cause must be “inclusive, service orientated, resilient, and idealistic.” Bitcoin surely fulfils these. On the ideology point, Michael Saylor articulated this well when dismissing altcoins in comparison to Bitcoin on the What Is Money podcast –

“If you really want a crypto to be successful over 100 years, the technology is only a part of it, right? It’s the ideology paired with the technology. And you’re gonna have to have an ideology that is so pure and so straightforward that people will fight to the death to defend the ideology. And that’s why I’m probably not gonna sacrifice my life for the 13th iteration on smart contracts. It’s not that important. On the other hand, if you tell me that we’re about to suck all of the economic energy out of the civilization and plunge ourselves into the Dark Ages, then I think I’ll fight for it. That’s worth fighting for.”

Michael Saylor – What is Money Show Episode 8

2. Bitcoin on balance sheets

Any business embracing Bitcoin on its balance sheet will automatically be closer to playing an infinite game itself, and let’s consider why. For starters, any shareholders will likely be holding equity with one opportunity cost being a holding of an equivalent amount of Bitcoin instead. This in itself will give them a low time preference mindset, which should transfer onto the company. Secondly, the act of having Bitcoin on the balance sheet provides a very simple yet iron clad discipline upon the company. One goal in broad terms is to grow that Bitcoin balance sheet over time, and they can only achieve that by being profitable. If they are not, they will find that Bitcoin balance dwindling over time instead. Though conventional businesses do broadly have the same need to be profitable, the Bitcoin example is quite different from a business with requirements to service debt, which may carry much shorter term deadlines for payment. In conclusion, companies looking to grow their Bitcoin holdings on a balance sheet are far more likely to buy into an infinite game mindset.

There are examples of infinite minded leaders out there, of course. Elon Musk is perhaps the most relevant in the present day, given Tesla and SpaceX have lofty long term ideals far removed from satisfying shareholders. Steve Jobs is another obvious one, and Sinek quotes an anecdote about sharing a cab with a senior Apple executive and telling him that the latest Microsoft Zune product (mp3 player at the time) was so much better than the Ipod touch. The executive smiled politely and was unfazed – tellingly, Apple weren’t worried about competitors in the short term due to their infinite mindset in making great & innovative products. Fast forward to today and there is evidence that Apple aren’t playing the infinite game that they used to. Take for example the recent news that Apple is plugging in Open AI into the iPhone. This doesn’t feel like the same ethos of a company who famously told us to “Think different” under Steve Jobs.

In conclusion, there’s plenty of decent ideas in the text and he articulates the issues well. However, due to failing to identify probably the main cause of the problem, Sinek doesn’t quite nail the call to arms for leaders to embrace an infinite game. Add in Bitcoin though, and the time preference of companies and their shareholders would vastly decrease and an infinite game mindset would come naturally.

One final thought – Sinek opens by looking back to the Vietnam war. Despite their vastly superior army and losing far fewer men, the US still lost the war. The reason being – it was an example of a finite mindset (thinking there would be a simple beginning and end) coming up against an infinite game and an enemy with an infinite mindset. The USA had comparatively infinite resources, infinite money, but a finite purpose & ideology when it came to the war. By contrast the Vietnamese, as one of their foreign ministry specialists was quoted as saying, were fighting for their independence and had already been doing so for thousands of years.

As far as Bitcoin is concerned, it might be said that companies who adopt a Bitcoin strategy are playing an infinite game with a non-debt based money of finite supply, and the competition are playing a finite game with an infinite supply of debt-based money.

This is a guest blog by Bitcoin Actuary / BitcoinActuary@BitcoinNostr.com. Thanks go to @btconlyscott for early comments/suggestions on this article.

This article is for information and education purposes only and is not intended as promotional material in any respect. All posts are the opinion of the author and should not be construed as investment advice and the opinions expressed do not necessarily reflect the views of The Bitcoin Collective Ltd.

@ 21335073:a244b1ad

Warning: This piece contains a conversation about difficult topics. Please proceed with caution.

TL;DR please educate your children about online safety.

Julian Assange wrote in his 2012 book Cypherpunks, “This book is not a manifesto. There isn’t time for that. This book is a warning.” I read it a few times over the past summer. Those opening lines definitely stood out to me. I wish we had listened back then. He saw something about the internet that few had the ability to see. There are some individuals who are so close to a topic that when they speak, it’s difficult for others who aren’t steeped in it to visualize what they’re talking about. I didn’t read the book until more recently. If I had read it when it came out, it probably would have sounded like an unknown foreign language to me. Today it makes more sense.

This isn’t a manifesto. This isn’t a book. There is no time for that. It’s a warning and a possible solution from a desperate and determined survivor advocate who has been pulling and unraveling a thread for a few years. At times, I feel too close to this topic to make any sense trying to convey my pathway to my conclusions or thoughts to the general public. My hope is that if nothing else, I can convey my sense of urgency while writing this. This piece is a watchman’s warning.

When a child steps online, they are walking into a new world. A new reality. When you hand a child the internet, you are handing them possibilities—good, bad, and ugly. This is a conversation about lowering the potential of negative outcomes of stepping into that new world and how I came to these conclusions. I constantly compare the internet to the road. You wouldn’t let a young child run out into the road with no guidance or safety precautions. When you hand a child the internet without any type of guidance or safety measures, you are allowing them to play in rush hour, oncoming traffic. “Look left, look right for cars before crossing.” We almost all have been taught that as children. What are we taught as humans about safety before stepping into a completely different reality like the internet? Very little.

I could never really figure out why many folks in tech, privacy rights activists, and hackers seemed so cold to me while talking about online child sexual exploitation. I always figured that as a survivor advocate for those affected by these crimes, that specific, skilled group of individuals would be very welcoming and easy to talk to about such serious topics. I actually had one hacker laugh in my face when I brought it up while I was looking for answers. I thought maybe this individual thought I was accusing them of something I wasn’t, so I felt bad for asking. I was constantly extremely disappointed and would ask myself, “Why don’t they care? What could I say to make them care more? What could I say to make them understand the crisis and the level of suffering that happens as a result of the problem?”

I have been serving minor survivors of online child sexual exploitation for years. My first case serving a survivor of this specific crime was in 2018—a 13-year-old girl sexually exploited by a serial predator on Snapchat. That was my first glimpse into this side of the internet. I won a national award for serving the minor survivors of Twitter in 2023, but I had been working on that specific project for a few years. I was nominated by a lawyer representing two survivors in a legal battle against the platform. I’ve never really spoken about this before, but at the time it was a choice for me between fighting Snapchat or Twitter. I chose Twitter—or rather, Twitter chose me. I heard about the story of John Doe #1 and John Doe #2, and I was so unbelievably broken over it that I went to war for multiple years. I was and still am royally pissed about that case. As far as I was concerned, the John Doe #1 case proved that whatever was going on with corporate tech social media was so out of control that I didn’t have time to wait, so I got to work. It was reading the messages that John Doe #1 sent to Twitter begging them to remove his sexual exploitation that broke me. He was a child begging adults to do something. A passion for justice and protecting kids makes you do wild things. I was desperate to find answers about what happened and searched for solutions. In the end, the platform Twitter was purchased. During the acquisition, I just asked Mr. Musk nicely to prioritize the issue of detection and removal of child sexual exploitation without violating digital privacy rights or eroding end-to-end encryption. Elon thanked me multiple times during the acquisition, made some changes, and I was thanked by others on the survivors’ side as well.

I still feel that even with the progress made, I really just scratched the surface with Twitter, now X. I left that passion project when I did for a few reasons. I wanted to give new leadership time to tackle the issue. Elon Musk made big promises that I knew would take a while to fulfill, but mostly I had been watching global legislation transpire around the issue, and frankly, the governments are willing to go much further with X and the rest of corporate tech than I ever would. My work begging Twitter to make changes with easier reporting of content, detection, and removal of child sexual exploitation material—without violating privacy rights or eroding end-to-end encryption—and advocating for the minor survivors of the platform went as far as my principles would have allowed. I’m grateful for that experience. I was still left with a nagging question: “How did things get so bad with Twitter where the John Doe #1 and John Doe #2 case was able to happen in the first place?” I decided to keep looking for answers. I decided to keep pulling the thread.

I never worked for Twitter. This is often confusing for folks. I will say that despite being disappointed in the platform’s leadership at times, I loved Twitter. I saw and still see its value. I definitely love the survivors of the platform, but I also loved the platform. I was a champion of the platform’s ability to give folks from virtually around the globe an opportunity to speak and be heard.

I want to be clear that John Doe #1 really is my why. He is the inspiration. I am writing this because of him. He represents so many globally, and I’m still inspired by his bravery. One child’s voice begging adults to do something—I’m an adult, I heard him. I’d go to war a thousand more lifetimes for that young man, and I don’t even know his name. Fighting has been personally dark at times; I’m not even going to try to sugarcoat it, but it has been worth it.

The data surrounding the very real crime of online child sexual exploitation is available to the public online at any time for anyone to see. I’d encourage you to go look at the data for yourself. I believe in encouraging folks to check multiple sources so that you understand the full picture. If you are uncomfortable just searching around the internet for information about this topic, use the terms “CSAM,” “CSEM,” “SG-CSEM,” or “AI Generated CSAM.” The numbers don’t lie—it’s a nightmare that’s out of control. It’s a big business. The demand is high, and unfortunately, business is booming. Organizations collect the data, tech companies often post their data, governments report frequently, and the corporate press has covered a decent portion of the conversation, so I’m sure you can find a source that you trust.

Technology is changing rapidly, which is great for innovation as a whole but horrible for the crime of online child sexual exploitation. Those wishing to exploit the vulnerable seem to be adapting to each technological change with ease. The governments are so far behind with tackling these issues that as I’m typing this, it’s borderline irrelevant to even include them while speaking about the crime or potential solutions. Technology is changing too rapidly, and their old, broken systems can’t even dare to keep up. Think of it like the governments’ “War on Drugs.” Drugs won. In this case as well, the governments are not winning. The governments are talking about maybe having a meeting on potentially maybe having legislation around the crimes. The time to have that meeting would have been many years ago. I’m not advocating for governments to legislate our way out of this. I’m on the side of educating and innovating our way out of this.

I have been clear while advocating for the minor survivors of corporate tech platforms that I would not advocate for any solution to the crime that would violate digital privacy rights or erode end-to-end encryption. That has been a personal moral position that I was unwilling to budge on. This is an extremely unpopular and borderline nonexistent position in the anti-human trafficking movement and online child protection space. I’m often fearful that I’m wrong about this. I have always thought that a better pathway forward would have been to incentivize innovation for detection and removal of content. I had no previous exposure to privacy rights activists or Cypherpunks—actually, I came to that conclusion by listening to the voices of MENA region political dissidents and human rights activists. After developing relationships with human rights activists from around the globe, I realized how important privacy rights and encryption are for those who need it most globally. I was simply unwilling to give more power, control, and opportunities for mass surveillance to big abusers like governments wishing to enslave entire nations and untrustworthy corporate tech companies to potentially end some portion of abuses online. On top of all of it, it has been clear to me for years that all potential solutions outside of violating digital privacy rights to detect and remove child sexual exploitation online have not yet been explored aggressively. I’ve been disappointed that there hasn’t been more of a conversation around preventing the crime from happening in the first place.

What has been tried is mass surveillance. In China, they are currently under mass surveillance both online and offline, and their behaviors are attached to a social credit score. Unfortunately, even on state-run and controlled social media platforms, they still have child sexual exploitation and abuse imagery pop up along with other crimes and human rights violations. They also have a thriving black market online due to the oppression from the state. In other words, even an entire loss of freedom and privacy cannot end the sexual exploitation of children online. It’s been tried. There is no reason to repeat this method.

It took me an embarrassingly long time to figure out why I always felt a slight coldness from those in tech and privacy-minded individuals about the topic of child sexual exploitation online. I didn’t have any clue about the “Four Horsemen of the Infocalypse.” This is a term coined by Timothy C. May in 1988. I would have been a child myself when he first said it. I actually laughed at myself when I heard the phrase for the first time. I finally got it. The Cypherpunks weren’t wrong about that topic. They were so spot on that it is borderline uncomfortable. I was mad at first that they knew that early during the birth of the internet that this issue would arise and didn’t address it. Then I got over it because I realized that it wasn’t their job. Their job was—is—to write code. Their job wasn’t to be involved and loving parents or survivor advocates. Their job wasn’t to educate children on internet safety or raise awareness; their job was to write code.

They knew that child sexual abuse material would be shared on the internet. They said what would happen—not in a gleeful way, but a prediction. Then it happened.

I equate it now to a concrete company laying down a road. As you’re pouring the concrete, you can say to yourself, “A terrorist might travel down this road to go kill many, and on the flip side, a beautiful child can be born in an ambulance on this road.” Who or what travels down the road is not their responsibility—they are just supposed to lay the concrete. I’d never go to a concrete pourer and ask them to solve terrorism that travels down roads. Under the current system, law enforcement should stop terrorists before they even make it to the road. The solution to this specific problem is not to treat everyone on the road like a terrorist or to not build the road.

So I understand the perceived coldness from those in tech. Not only was it not their job, but bringing up the topic was seen as the equivalent of asking a free person if they wanted to discuss one of the four topics—child abusers, terrorists, drug dealers, intellectual property pirates, etc.—that would usher in digital authoritarianism for all who are online globally.

Privacy rights advocates and groups have put up a good fight. They stood by their principles. Unfortunately, when it comes to corporate tech, I believe that the issue of privacy is almost a complete lost cause at this point. It’s still worth pushing back, but ultimately, it is a losing battle—a ticking time bomb.

I do think that corporate tech providers could have slowed down the inevitable loss of privacy at the hands of the state by prioritizing the detection and removal of CSAM when they all started online. I believe it would have bought some time, fewer would have been traumatized by that specific crime, and I do believe that it could have slowed down the demand for content. If I think too much about that, I’ll go insane, so I try to push the “if maybes” aside, but never knowing if it could have been handled differently will forever haunt me. At night when it’s quiet, I wonder what I would have done differently if given the opportunity. I’ll probably never know how much corporate tech knew and ignored in the hopes that it would go away while the problem continued to get worse. They had different priorities. The most voiceless and vulnerable exploited on corporate tech never had much of a voice, so corporate tech providers didn’t receive very much pushback.

Now I’m about to say something really wild, and you can call me whatever you want to call me, but I’m going to say what I believe to be true. I believe that the governments are either so incompetent that they allowed the proliferation of CSAM online, or they knowingly allowed the problem to fester long enough to have an excuse to violate privacy rights and erode end-to-end encryption. The US government could have seized the corporate tech providers over CSAM, but I believe that they were so useful as a propaganda arm for the regimes that they allowed them to continue virtually unscathed.

That season is done now, and the governments are making the issue a priority. It will come at a high cost. Privacy on corporate tech providers is virtually done as I’m typing this. It feels like a death rattle. I’m not particularly sure that we had much digital privacy to begin with, but the illusion of a veil of privacy feels gone.

To make matters slightly more complex, it would be hard to convince me that once AI really gets going, digital privacy will exist at all.

I believe that there should be a conversation shift to preserving freedoms and human rights in a post-privacy society.

I don’t want to get locked up because AI predicted a nasty post online from me about the government. I’m not a doomer about AI—I’m just going to roll with it personally. I’m looking forward to the positive changes that will be brought forth by AI. I see it as inevitable. A bit of privacy was helpful while it lasted. Please keep fighting to preserve what is left of privacy either way because I could be wrong about all of this.

On the topic of AI, the addition of AI to the horrific crime of child sexual abuse material and child sexual exploitation in multiple ways so far has been devastating. It’s currently out of control. The genie is out of the bottle. I am hopeful that innovation will get us humans out of this, but I’m not sure how or how long it will take. We must be extremely cautious around AI legislation. It should not be illegal to innovate even if some bad comes with the good. I don’t trust that the governments are equipped to decide the best pathway forward for AI. Source: the entire history of the government.

I have been personally negatively impacted by AI-generated content. Every few days, I get another alert that I’m featured again in what’s called “deep fake pornography” without my consent. I’m not happy about it, but what pains me the most is the thought that for a period of time down the road, many globally will experience what myself and others are experiencing now by being digitally sexually abused in this way. If you have ever had your picture taken and posted online, you are also at risk of being exploited in this way. Your child’s image can be used as well, unfortunately, and this is just the beginning of this particular nightmare. It will move to more realistic interpretations of sexual behaviors as technology improves. I have no brave words of wisdom about how to deal with that emotionally. I do have hope that innovation will save the day around this specific issue. I’m nervous that everyone online will have to ID verify due to this issue. I see that as one possible outcome that could help to prevent one problem but inadvertently cause more problems, especially for those living under authoritarian regimes or anyone who needs to remain anonymous online. A zero-knowledge proof (ZKP) would probably be the best solution to these issues. There are some survivors of violence and/or sexual trauma who need to remain anonymous online for various reasons. There are survivor stories available online of those who have been abused in this way. I’d encourage you seek out and listen to their stories.

There have been periods of time recently where I hesitate to say anything at all because more than likely AI will cover most of my concerns about education, awareness, prevention, detection, and removal of child sexual exploitation online, etc.

Unfortunately, some of the most pressing issues we’ve seen online over the last few years come in the form of “sextortion.” Self-generated child sexual exploitation (SG-CSEM) numbers are continuing to be terrifying. I’d strongly encourage that you look into sextortion data. AI + sextortion is also a huge concern. The perpetrators are using the non-sexually explicit images of children and putting their likeness on AI-generated child sexual exploitation content and extorting money, more imagery, or both from minors online. It’s like a million nightmares wrapped into one. The wild part is that these issues will only get more pervasive because technology is harnessed to perpetuate horror at a scale unimaginable to a human mind.

Even if you banned phones and the internet or tried to prevent children from accessing the internet, it wouldn’t solve it. Child sexual exploitation will still be with us until as a society we start to prevent the crime before it happens. That is the only human way out right now.

There is no reset button on the internet, but if I could go back, I’d tell survivor advocates to heed the warnings of the early internet builders and to start education and awareness campaigns designed to prevent as much online child sexual exploitation as possible. The internet and technology moved quickly, and I don’t believe that society ever really caught up. We live in a world where a child can be groomed by a predator in their own home while sitting on a couch next to their parents watching TV. We weren’t ready as a species to tackle the fast-paced algorithms and dangers online. It happened too quickly for parents to catch up. How can you parent for the ever-changing digital world unless you are constantly aware of the dangers?

I don’t think that the internet is inherently bad. I believe that it can be a powerful tool for freedom and resistance. I’ve spoken a lot about the bad online, but there is beauty as well. We often discuss how victims and survivors are abused online; we rarely discuss the fact that countless survivors around the globe have been able to share their experiences, strength, hope, as well as provide resources to the vulnerable. I do question if giving any government or tech company access to censorship, surveillance, etc., online in the name of serving survivors might not actually impact a portion of survivors negatively. There are a fair amount of survivors with powerful abusers protected by governments and the corporate press. If a survivor cannot speak to the press about their abuse, the only place they can go is online, directly or indirectly through an independent journalist who also risks being censored. This scenario isn’t hard to imagine—it already happened in China. During #MeToo, a survivor in China wanted to post their story. The government censored the post, so the survivor put their story on the blockchain. I’m excited that the survivor was creative and brave, but it’s terrifying to think that we live in a world where that situation is a necessity.

I believe that the future for many survivors sharing their stories globally will be on completely censorship-resistant and decentralized protocols. This thought in particular gives me hope. When we listen to the experiences of a diverse group of survivors, we can start to understand potential solutions to preventing the crimes from happening in the first place.

My heart is broken over the gut-wrenching stories of survivors sexually exploited online. Every time I hear the story of a survivor, I do think to myself quietly, “What could have prevented this from happening in the first place?” My heart is with survivors.

My head, on the other hand, is full of the understanding that the internet should remain free. The free flow of information should not be stopped. My mind is with the innocent citizens around the globe that deserve freedom both online and offline.

The problem is that governments don’t only want to censor illegal content that violates human rights—they create legislation that is so broad that it can impact speech and privacy of all. “Don’t you care about the kids?” Yes, I do. I do so much that I’m invested in finding solutions. I also care about all citizens around the globe that deserve an opportunity to live free from a mass surveillance society. If terrorism happens online, I should not be punished by losing my freedom. If drugs are sold online, I should not be punished. I’m not an abuser, I’m not a terrorist, and I don’t engage in illegal behaviors. I refuse to lose freedom because of others’ bad behaviors online.

I want to be clear that on a long enough timeline, the governments will decide that they can be better parents/caregivers than you can if something isn’t done to stop minors from being sexually exploited online. The price will be a complete loss of anonymity, privacy, free speech, and freedom of religion online. I find it rather insulting that governments think they’re better equipped to raise children than parents and caretakers.

So we can’t go backwards—all that we can do is go forward. Those who want to have freedom will find technology to facilitate their liberation. This will lead many over time to decentralized and open protocols. So as far as I’m concerned, this does solve a few of my worries—those who need, want, and deserve to speak freely online will have the opportunity in most countries—but what about online child sexual exploitation?

When I popped up around the decentralized space, I was met with the fear of censorship. I’m not here to censor you. I don’t write code. I couldn’t censor anyone or any piece of content even if I wanted to across the internet, no matter how depraved. I don’t have the skills to do that.

I’m here to start a conversation. Freedom comes at a cost. You must always fight for and protect your freedom. I can’t speak about protecting yourself from all of the Four Horsemen because I simply don’t know the topics well enough, but I can speak about this one topic.

If there was a shortcut to ending online child sexual exploitation, I would have found it by now. There isn’t one right now. I believe that education is the only pathway forward to preventing the crime of online child sexual exploitation for future generations.

I propose a yearly education course for every child of all school ages, taught as a standard part of the curriculum. Ideally, parents/caregivers would be involved in the education/learning process.

Course: - The creation of the internet and computers - The fight for cryptography - The tech supply chain from the ground up (example: human rights violations in the supply chain) - Corporate tech - Freedom tech - Data privacy - Digital privacy rights - AI (history-current) - Online safety (predators, scams, catfishing, extortion) - Bitcoin - Laws - How to deal with online hate and harassment - Information on who to contact if you are being abused online or offline - Algorithms - How to seek out the truth about news, etc., online

The parents/caregivers, homeschoolers, unschoolers, and those working to create decentralized parallel societies have been an inspiration while writing this, but my hope is that all children would learn this course, even in government ran schools. Ideally, parents would teach this to their own children.

The decentralized space doesn’t want child sexual exploitation to thrive. Here’s the deal: there has to be a strong prevention effort in order to protect the next generation. The internet isn’t going anywhere, predators aren’t going anywhere, and I’m not down to let anyone have the opportunity to prove that there is a need for more government. I don’t believe that the government should act as parents. The governments have had a chance to attempt to stop online child sexual exploitation, and they didn’t do it. Can we try a different pathway forward?

I’d like to put myself out of a job. I don’t want to ever hear another story like John Doe #1 ever again. This will require work. I’ve often called online child sexual exploitation the lynchpin for the internet. It’s time to arm generations of children with knowledge and tools. I can’t do this alone.

Individuals have fought so that I could have freedom online. I want to fight to protect it. I don’t want child predators to give the government any opportunity to take away freedom. Decentralized spaces are as close to a reset as we’ll get with the opportunity to do it right from the start. Start the youth off correctly by preventing potential hazards to the best of your ability.

The good news is anyone can work on this! I’d encourage you to take it and run with it. I added the additional education about the history of the internet to make the course more educational and fun. Instead of cleaning up generations of destroyed lives due to online sexual exploitation, perhaps this could inspire generations of those who will build our futures. Perhaps if the youth is armed with knowledge, they can create more tools to prevent the crime.

This one solution that I’m suggesting can be done on an individual level or on a larger scale. It should be adjusted depending on age, learning style, etc. It should be fun and playful.

This solution does not address abuse in the home or some of the root causes of offline child sexual exploitation. My hope is that it could lead to some survivors experiencing abuse in the home an opportunity to disclose with a trusted adult. The purpose for this solution is to prevent the crime of online child sexual exploitation before it occurs and to arm the youth with the tools to contact safe adults if and when it happens.

In closing, I went to hell a few times so that you didn’t have to. I spoke to the mothers of survivors of minors sexually exploited online—their tears could fill rivers. I’ve spoken with political dissidents who yearned to be free from authoritarian surveillance states. The only balance that I’ve found is freedom online for citizens around the globe and prevention from the dangers of that for the youth. Don’t slow down innovation and freedom. Educate, prepare, adapt, and look for solutions.

I’m not perfect and I’m sure that there are errors in this piece. I hope that you find them and it starts a conversation.

@ 318ebaba:9a262eae

Relays play a crucial role in the Nostr communication protocol, serving as the backbone of its decentralized architecture. Here’s an overview of their functions and significance:

Functions of Nostr Relays

• Data Storage and Broadcasting: Relays act as intermediaries that store and distribute messages between users. When a user sends a message, it is transmitted to one or more relays, which then broadcast that message to other connected clients. This decentralized approach ensures that no single entity controls the flow of information, enhancing censorship resistance[1][2][6].

• Interoperability: Users can connect to multiple relays simultaneously, allowing them to access the same content across different applications. This interoperability means that messages can be shared and retrieved from various clients without being tied to a specific platform, promoting a more flexible user experience[4][11].

• User Control: Anyone can run their own relay, which empowers users to maintain control over their data and interactions. By operating a personal relay, users can ensure that their messages are stored and accessible without relying on third-party services, thus enhancing privacy and security[3][7][11].

• Performance and Reliability: The performance of a Nostr client can be influenced by the relays it connects to. If a relay is slow or unreliable, it can affect the overall user experience. Users are encouraged to choose or add multiple relays to improve message delivery speed and reliability[7][8][11].

Types of Relays

• Public and Private Relays: There are both public and private relays available. Public relays are free to use, while private relays may charge fees. Paid relays often provide better performance and reduced spam, as the cost can deter malicious users from flooding the network with unwanted content[6][7][14].

• Self-Hosted Relays: For those who want maximum control and privacy, setting up a self-hosted relay is an option. This allows users to manage their own data and ensure that their communications are not subject to external censorship or data loss[4][7].

In summary, relays are essential to the Nostr protocol, facilitating decentralized communication by storing, broadcasting, and managing messages across a network of users. They enhance user autonomy, improve performance, and contribute to the overall resilience of the Nostr ecosystem. [1] https://www.voltage.cloud/blog/the-essential-guide-to-nostr-relays [2] https://substack.com/home/post/p-158872714?utm_campaign=post&utm_medium=web [3] https://www.purplerelay.com/how-to-run-a-nostr-relay-a-step-by-step-guide/ [4] https://medium.com/@michael.leigh.stewart/nostr-series-part-3-setting-up-a-relay-6f9ca426e43e [5] https://www.voltage.cloud/blog/understanding-nostr-data-storage-relays-and-decentralization [6] https://www.ccn.com/education/what-is-nostr-and-how-to-start-using-nostr/ [7] https://nostr.how/en/relays [8] https://blog.theya.us/what-is-nostr/ [9] https://www.cointribune.com/en/nostr-pour-les-debutants-tout-ce-que-vous-devez-savoir-sur-le-protocole-2/ [10] https://community.umbrel.com/t/introducing-the-official-nostr-relay-app/11339 [11] https://nostr.com/ [12] https://www.habyb.com/blog/nostr-what-is-this-protocol-and-how-does-it-work/ [13] https://www.reddit.com/r/nostr/comments/15jmhpi/purpose_of_free_vs_paid_relay/ [14] https://nostr.com/relays [15] https://www.reddit.com/r/nostr/comments/115cgcu/whats_the_point_of_adding_more_and_more_relays_do/ [16] https://messari.io/copilot/share/understanding-nostr-f00aa3df-d02c-4381-91f5-9a103b8e25ce