@ 2e8970de:63345c7a

https://x.com/Google/status/1924893837295546851

compare it to Will Smith eating Spaghetti from 2 years ago:

The end of objective truth from video evidence is nearing. In a sense we are retvrning to 1999.

https://stacker.news/items/985441

@ 51bbb15e:b77a2290

Yeah, I’m sure everything in the file is legit. 👍 Let’s review the guard witness testimony…Oh wait, they weren’t at their posts despite 24/7 survellience instructions after another Epstein “suicide” attempt two weeks earlier. Well, at least the video of the suicide is in the file? Oh wait, a techical glitch. Damn those coincidences!

At this point, the Trump administration has zero credibility with me on anything related to the Epstein case and his clients. I still suspect the administration is using the Epstein files as leverage to keep a lot of RINOs in line, whereas they’d be sabotaging his agenda at every turn otherwise. However, I just don’t believe in ends-justify-the-means thinking. It’s led almost all of DC to toss out every bit of the values they might once have had.

@ c9badfea:610f861a

1. Install Sky Map (it's free and open source)
2. Launch the app and tap Accept, then tap OK
3. When asked to access the device's location, tap While Using The App
4. Tap somewhere on the screen to activate the menu, then tap ⁝ and select Settings
5. Disable Send Usage Statistics
6. Return to the main screen and enjoy stargazing!

ℹ️ Use the 🔍 icon in the upper toolbar to search for a specific celestial body, or tap the 👁️ icon to activate night mode

@ 04c915da:3dfbecc9

This piece is the first in a series that will focus on things I think are a priority if your focus is similar to mine: building a strong family and safeguarding their future.

---

Choosing the ideal place to raise a family is one of the most significant decisions you will ever make. For simplicity sake I will break down my thought process into key factors: strong property rights, the ability to grow your own food, access to fresh water, the freedom to own and train with guns, and a dependable community.

A Jurisdiction with Strong Property Rights

Strong property rights are essential and allow you to build on a solid foundation that is less likely to break underneath you. Regions with a history of limited government and clear legal protections for landowners are ideal. Personally I think the US is the single best option globally, but within the US there is a wide difference between which state you choose. Choose carefully and thoughtfully, think long term. Obviously if you are not American this is not a realistic option for you, there are other solid options available especially if your family has mobility. I understand many do not have this capability to easily move, consider that your first priority, making movement and jurisdiction choice possible in the first place.

Abundant Access to Fresh Water

Water is life. I cannot overstate the importance of living somewhere with reliable, clean, and abundant freshwater. Some regions face water scarcity or heavy regulations on usage, so prioritizing a place where water is plentiful and your rights to it are protected is critical. Ideally you should have well access so you are not tied to municipal water supplies. In times of crisis or chaos well water cannot be easily shutoff or disrupted. If you live in an area that is drought prone, you are one drought away from societal chaos. Not enough people appreciate this simple fact.

Grow Your Own Food

A location with fertile soil, a favorable climate, and enough space for a small homestead or at the very least a garden is key. In stable times, a small homestead provides good food and important education for your family. In times of chaos your family being able to grow and raise healthy food provides a level of self sufficiency that many others will lack. Look for areas with minimal restrictions, good weather, and a culture that supports local farming.

Guns

The ability to defend your family is fundamental. A location where you can legally and easily own guns is a must. Look for places with a strong gun culture and a political history of protecting those rights. Owning one or two guns is not enough and without proper training they will be a liability rather than a benefit. Get comfortable and proficient. Never stop improving your skills. If the time comes that you must use a gun to defend your family, the skills must be instinct. Practice. Practice. Practice.

A Strong Community You Can Depend On

No one thrives alone. A ride or die community that rallies together in tough times is invaluable. Seek out a place where people know their neighbors, share similar values, and are quick to lend a hand. Lead by example and become a good neighbor, people will naturally respond in kind. Small towns are ideal, if possible, but living outside of a major city can be a solid balance in terms of work opportunities and family security.

---

Let me know if you found this helpful. My plan is to break down how I think about these five key subjects in future posts.

@ 04c915da:3dfbecc9

There is something quietly rebellious about stacking sats. In a world obsessed with instant gratification, choosing to patiently accumulate Bitcoin, one sat at a time, feels like a middle finger to the hype machine. But to do it right, you have got to stay humble. Stack too hard with your head in the clouds, and you will trip over your own ego before the next halving even hits.

Small Wins

Stacking sats is not glamorous. Discipline. Stacking every day, week, or month, no matter the price, and letting time do the heavy lifting. Humility lives in that consistency. You are not trying to outsmart the market or prove you are the next "crypto" prophet. Just a regular person, betting on a system you believe in, one humble stack at a time. Folks get rekt chasing the highs. They ape into some shitcoin pump, shout about it online, then go silent when they inevitably get rekt. The ones who last? They stack. Just keep showing up. Consistency. Humility in action. Know the game is long, and you are not bigger than it.

Ego is Volatile

Bitcoin’s swings can mess with your head. One day you are up 20%, feeling like a genius and the next down 30%, questioning everything. Ego will have you panic selling at the bottom or over leveraging the top. Staying humble means patience, a true bitcoin zen. Do not try to "beat” Bitcoin. Ride it. Stack what you can afford, live your life, and let compounding work its magic.

Simplicity

There is a beauty in how stacking sats forces you to rethink value. A sat is worth less than a penny today, but every time you grab a few thousand, you plant a seed. It is not about flaunting wealth but rather building it, quietly, without fanfare. That mindset spills over. Cut out the noise: the overpriced coffee, fancy watches, the status games that drain your wallet. Humility is good for your soul and your stack. I have a buddy who has been stacking since 2015. Never talks about it unless you ask. Lives in a decent place, drives an old truck, and just keeps stacking. He is not chasing clout, he is chasing freedom. That is the vibe: less ego, more sats, all grounded in life.

The Big Picture

Stack those sats. Do it quietly, do it consistently, and do not let the green days puff you up or the red days break you down. Humility is the secret sauce, it keeps you grounded while the world spins wild. In a decade, when you look back and smile, it will not be because you shouted the loudest. It will be because you stayed the course, one sat at a time. \ \ Stay Humble and Stack Sats. 🫡

@ ecda4328:1278f072

An honest response to objections — and an answer to the most important question: why does any of this matter?

Last updated: May 21, 2025\ \ 📄 Document version:\ EN: https://drive.proton.me/urls/A4A8Y8A0RR#Sj2OBsBYJFr1\ RU: https://drive.proton.me/urls/GS9AS1NB30#ZdKKb5ackB5e

---

\ Statement: Deflation is not the enemy, but a natural state in an age of technological progress.\ Criticism: in real macroeconomics, long-term deflation is linked to depressions.\ Deflation discourages borrowers and investors, and makes debt heavier.\ Natural ≠ Safe.

1. “Deflation → Depression, Debt → Heavier”

This is true in a debt-based system. Yes, in a fiat economy, debt balloons to the sky, and without inflation it collapses.

But Bitcoin offers not “deflation for its own sake,” but an environment where you don’t need to be in debt to survive. Where savings don’t melt away.\ Jeff Booth said it clearly:

“Technology is inherently deflationary. Fighting deflation with the printing press is fighting progress.”

You don’t have to take on credit to live in this system. Which means — deflation is not an enemy, but an ally.

💡 People often confuse two concepts:

1. That deflation doesn’t work in an economy built on credit and leverage — that’s true.

2. That deflation itself is bad — that’s a myth.

📉 In reality, deflation is the natural state of a free market when technology makes everything cheaper.

Historical example:\ In the U.S., from the Civil War to the early 1900s, the economy experienced gentle deflation — alongside economic growth, employment expansion, and industrial boom.\ Prices fell: for example, a sack of flour cost \~$1.00 in 1865 and \~$0.50 in 1895 — and there was no crisis, because wages held and productivity increased.

Modern example:\ Consumer electronics over the past 20–30 years are a vivid example of technological deflation:\ – What cost $5,000 in 2000 (e.g., a 720p plasma TV) now costs $300 and delivers 10× better quality.\ – Phones, computers, cameras — all became far more powerful and cheaper at the same time.\ That’s how tech-driven deflation works: you get more for less.

📌 Bitcoin doesn’t make the world deflationary. It just doesn’t fight against deflation, unlike the fiat model that fights to preserve its debt pyramid.\ It stops punishing savers and rewards long-term thinkers.

Even economists often confuse organic tech deflation with crisis-driven (debt) deflation.

---

\ \ Statement: We’ve never lived in a truly free market — central banks and issuance always existed.\ Criticism: ideological statement.\ A truly “free” market is utopian.\ Banks and monetary issuance emerged in response to crises.\ A market without arbiters is not always fair, especially under imperfect competition.

2. “The Free Market Is a Utopia”

Yes, “pure markets” are rare. But what we have today isn’t regulation — it’s centralized power in the hands of central banks and cartels.

Bitcoin offers rules without rulers. 21 million. No one can change the issuance. It’s not ideology — it’s code instead of trust. And it has worked for 15 years.

💬 People often say that banks and centralized issuance emerged as a response to crises — as if the market couldn’t manage on its own.\ But if a system needs to be “rescued” again and again through money printing… maybe the problem isn’t freedom, but the system itself?

📌 Crises don’t disprove the value of free markets. They only reveal how fragile a system becomes when the price of money is set not by the market, but by a boardroom vote.\ Bitcoin doesn’t magically eliminate crises — it removes the root cause: the ability to manipulate money in someone’s interest.

---

\ \ Statement: Inflation is an invisible tax, especially on the poor and working class.\ Criticism: partly true: inflation can reduce debt burden, boost employment.\ The state indexes social benefits. Under stable inflation, compensators can work. Under deflation, things might be worse (mass layoffs, defaults).

3. “Inflation Can Help”

Theoretically — yes. Textbooks say moderate inflation can reduce debt burdens and stimulate consumption and jobs.\ But in practice — it works as a stealth tax, especially on those without assets. The wealthy escape — into real estate, stocks, funds.\ But the poor and working class lose purchasing power because their money is held in cash — and cash devalues.

💬 As Lyn Alden says:

“When your money can’t hold value, you’re forced to become an investor — even if you just want to save and live.”

The state may index pensions or benefits — but always with a lag, and always less than actual price increases.\ If bread rises 15% and your payment increase is 5%, you got poorer, even if the number on paper went up.

💥 We live in an inflationary system of everything:\ – Inflationary money\ – Inflationary products\ – Inflationary content\ – And now even inflationary minds

🧠 This is more than just rising prices — it’s a degradation of reality perception. You’re always rushing, everything loses meaning.\ But when did the system start working against you?

📉 What went wrong after 1971?

This chart shows that from 1948 to the early 1970s, productivity and wages grew together.\ But after the end of the gold standard in 1971 — the connection broke. Productivity kept rising, but real wages stalled.

👉 This means: you work more, better, faster — but buy less.

🔗 Source: wtfhappenedin1971.com

When you must spend today because tomorrow it’ll be worth less — that’s rewarding impulse and punishing long-term thinking.

Bitcoin offers a different environment:\ – Savings work\ – Long-term thinking is rewarded\ – The price of the future is calculated, not forced by a printing press

📌 Inflation can be a tool. But in government hands, it became a weapon — a slow, inevitable upward redistribution of wealth.

---

\ \ Statement: War is not growth, but a reallocation of resources into destruction.

Criticism: war can spur technological leaps (Internet, GPS, nuclear energy — all from military programs). "Military Keynesianism" was a real model.

4. “War Drives R&D”

Yes, wars sometimes give rise to tech spin-offs: Internet, GPS, nuclear power — all originated from military programs.

But that doesn’t make war a source of progress — it makes tech a byproduct of catastrophe.

“War reallocates resources toward destruction — not growth.”

Progress doesn’t happen because of war — it happens despite it.

If scientific breakthroughs require a million dead and burnt cities — maybe you’ve built your economy wrong.

💬 Even Michael Saylor said:

“If you need war to develop technology — you’ve built civilization wrong.”

No innovation justifies diverting human labor, minds, and resources toward destruction.\ War is always the opposite of efficiency — more is wasted than created.

🧠 Bitcoin, on the other hand, is an example of how real R&D happens without violence.\ No taxes. No army. Just math, voluntary participation, and open-source code.

📌 Military Keynesianism is not a model of progress — it’s a symptom of a sick monetary system that needs destruction to reboot.

Bitcoin shows that coordination without violence is possible.\ This is R&D of a new kind: based not on destruction, but digital creation.

---

Statement: Bitcoin isn’t “Gold 1.0,” but an improved version: divisible, verifiable, unseizable.

Criticism: Bitcoin has no physical value; "unseizability" is a theory;\ Gold is material and autonomous.

5. “Bitcoin Has No Physical Value”

And gold does? Just because it shines?

Physical form is no guarantee of value.\ Real value lies in: scarcity, reliable transfer, verifiability, and non-confiscatability.

Gold is:\ – Hard to divide\ – Hard to verify\ – Expensive to store\ – Easy to seize

💡 Bitcoin is the first store of value in history that is fully free from physical limitations, and yet:\ – Absolutely scarce (21M, forever)\ – Instantly transferable over the Internet\ – Cryptographically verifiable\ – Controlled by no government

🔑 Bitcoin’s value lies in its liberation from the physical.\ It doesn’t need to be “backed” by gold or oil. It’s backed by energy, mathematics, and ongoing verification.

“Price is what you pay, value is what you get.” — Warren Buffett

When you buy bitcoin, you’re not paying for a “token” — you’re gaining access to a network of distributed financial energy.

⚡️ What are you really getting when you own bitcoin?\ – A key to a digital asset that can’t be faked\ – The ability to send “crystallized energy” anywhere on Earth (it takes 10 minutes on the base L1 layer, or instantly via the Lightning Network)\ – A role in a new accounting system that runs 24/7/365\ – Freedom: from banks, borders, inflation, and force

📉 Bitcoin doesn’t require physical value — because it creates value:\ Through trust, scarcity, and energy invested in mining.\ And unlike gold, it was never associated with slavery.

---

Statement: There’s no “income without risk” in Bitcoin: just hold — you preserve; want more — invest, risk, build.

Criticism: contradicts HODL logic; speculation remains dominant behavior.

6. “Speculation Dominates”

For now — yes. That’s normal for the early phase of a new technology. Awareness doesn’t come instantly.

What matters is not the motive of today’s buyer — but what they’re buying.

📉 A speculator may come and go — but the asset remains.\ And this asset is the only one in history that will never exist again. 21 million. Forever.

📌 Look deeper. Bitcoin has:\ – No CEO\ – No central issuer\ – No inflation\ – No “off switch”\ 💡 It was fairly distributed — through mining, long before ASICs existed. In the early years, bitcoin was spent and exchanged — not hoarded. Only those who truly believed in it are still holding it today.

💡 It’s not a stock. Not a startup. Not someone’s project.\ It’s a new foundation for trust.\ It’s opting out of a system where freedom is a privilege you’re granted under conditions.

🧠 People say: “Bitcoin can be copied.”\ Theoretically — yes.\ Practically — never.

Here’s what you’d need to recreate Bitcoin:\ – No pre-mine\ – A founder who disappears and never sells\ – No foundation or corporation\ – Tens of thousands of nodes worldwide\ – 701 million terahashes of hash power\ – Thousands of devs writing open protocols\ – Hundreds of global conferences\ – Millions of people defending digital sovereignty\ – All that without a single marketing budget

That’s all.

🔁 Everything else is an imitation, not a creation.\ Just like you can’t “reinvent fire” — Bitcoin can only exist once.

---

Statements:\ **The Russia's '90s weren’t a free market — just anarchic chaos without rights protection.\ **Unlike fiat or even dollars, Bitcoin is the first asset with real defense — from governments, inflation, even thugs.\ *And yes, even if your barber asks about Bitcoin — maybe it's not a bubble, but a sign that inflation has already hit everyone.

Criticism: Bitcoin’s protection isn’t universal — it works only with proper handling and isn’t available to all.\ Some just want to “get rich.”\ None of this matters because:

1. Bitcoin’s volatility (-30% in a week, +50% in a month) makes it unusable for price planning or contracts.

2. It can’t handle mass-scale usage.

3. To become currency, geopolitical will is needed — and without the first two, don’t even talk about the third.\ Also: “Bitcoin is too complicated for the average person.”

7. “It’s Too Complex for the Masses”

It’s complex — if you’re using L1 (Layer 1). But even grandmas use Telegram. In El Salvador, schoolkids buy lunch with Lightning. My barber installed Wallet of Satoshi in minutes right in front of me — and I now pay for my haircut via Lightning.

UX is just a matter of time. And it’s improving. Emerging tools:\ Cashu, Fedimint, Fedi, Wallet of Satoshi, Phoenix, Proton Wallet, Swiss Bitcoin Pay, Bolt Card / CoinCorner (NFC cards for Lightning payments).

This is like the internet in 1995:\ It started with modems — now it’s 4K streaming.

💸 Now try sending a regular bank transfer abroad:\ – you need to type a long IBAN\ – add SWIFT/BIC codes\ – include the recipient’s full physical address (!), compromising their privacy\ – sometimes add extra codes or “purpose of payment”\ – you might get a call from your bank “just to confirm”\ – no way to check the status — the money floats somewhere between correspondent/intermediary banks\ – weekends or holidays? Banks are closed\ – and don’t forget the limits, restrictions, and potential freezes

📌 With Bitcoin, you just scan a QR code and send.\ 10 minutes on-chain = final settlement.\ Via Lightning = instant and nearly free.\ No bureaucracy. No permission. No borders.

---

8. “Can’t Handle the Load”

A common myth.\ Yes, Bitcoin L1 processes about 7 transactions per second — intentionally. It’s not built to be Visa. It’s a financial protocol, just like TCP/IP is a network protocol. TCP/IP isn’t “fast” or “slow” — the experience depends on the infrastructure built on top: servers, routers, hardware. In the ’90s, it delivered text. Today, it streams Netflix. The protocol didn’t change — the stack did.

Same with Bitcoin: L1 defines rules, security, finality.\ Scaling and speed? That’s the second layer’s job.

To understand scale:

| Network | TPS (Transactions/sec) | | --- | --- | | Visa | up to 24,000 | | Mastercard | \~5,000 | | PayPal | \~193 | | Litecoin | \~56 | | Ethereum | \~20 | | Bitcoin | \~7 |

\ ⚡️ Enter Lightning Network — Bitcoin’s “fast lane.”\ It allows millions of transactions per second, instantly and nearly free.

And it’s not a sidechain.

❗️ Lightning is not a separate network.\ It uses real Bitcoin transactions (2-of-2 multisig). You can close the channel to L1 at any time. It’s not an alternative — it’s a native extension built into Bitcoin.\ Also evolving: Ark, Fedimint, eCash — new ways to scale and add privacy.

📉 So criticizing Bitcoin for “slowness” is like blaming TCP/IP because your old modem won’t stream YouTube.\ The protocol isn’t the problem — it’s the infrastructure.

🛡️ And by the way: Visa crashes more often than Bitcoin.

---

9. “We Need Geopolitical Will”

Not necessarily. All it takes is the will of the people — and leaders willing to act. El Salvador didn’t wait for G20 approval or IMF blessings. Since 2001, the country had used the US dollar as its official currency, abandoning its own colón. But that didn’t save it from inflation or dependency on foreign monetary policy. In 2021, El Salvador became the first country to recognize Bitcoin as legal tender. Since March 13, 2024, they’ve been purchasing 1 BTC daily, tracked through their public address:

🔗 Address\ 📅 First transaction

This policy became the foundation of their Strategic Bitcoin Reserve (SBR) — a state-led effort to accumulate Bitcoin as a national reserve asset for long-term stability and sovereignty.

Their example inspired others.

In March 2025, U.S. President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve of the USA, to be funded through confiscated Bitcoin and digital assets.\ The idea: accumulate, don’t sell, and strategically expand the reserve — without extra burden on taxpayers.

Additionally, Senator Cynthia Lummis (Wyoming) proposed the BITCOIN Act, targeting the purchase of 1 million BTC over five years (\~5% of the total supply).\ The plan: fund it via revaluation of gold certificates and other budget-neutral strategies.

📚 More: Strategic Bitcoin Reserve — Wikipedia

👉 So no global consensus is required. No IMF greenlight.\ All it takes is conviction — and an understanding that the future of finance lies in decentralized, scarce assets like Bitcoin.

---

10. “-30% in a week, +50% in a month = not money”

True — Bitcoin is volatile. But that’s normal for new technologies and emerging money. It’s not a bug — it’s a price discovery phase. The world is still learning what this asset is.

📉 Volatility is the price of entry.\ 📈 But the reward is buying the future at a discount.

As Michael Saylor put it:

“A tourist sees Niagara Falls as chaos — roaring, foaming, spraying water.\ An engineer sees immense energy.\ It all depends on your mental model.”

Same with Bitcoin. Speculators see chaos. Investors see structural scarcity. Builders see a new financial foundation.

💡 Now consider gold:

👉 After the gold standard was abandoned in 1971, the price of gold skyrocketed from around \~$300 to over $2,700 (adjusted to 2023 dollars) by 1980. Along the way, it experienced extreme volatility — with crashes of 40–60% even amid the broader uptrend.\ 💡 (\~$300 is the inflation-adjusted equivalent of about $38 in 1971 dollars)\ 📈 Source: Gold Price Chart — Macrotrends\ \ Nobody said, “This can’t be money.” \ Because money is defined not by volatility, but by scarcity, adoption, and trust — which build over time.

📊 The more people save in Bitcoin, the more its volatility fades.

This is a journey — not a fixed state.

We don’t judge the internet by how it worked in 1994.\ So why expect Bitcoin to be the “perfect currency” in 2025?

It grows bottom-up — without regulators’ permission.\ And the longer it survives, the stronger it becomes.

Remember how many times it’s been declared dead.\ And how many times it came back — stronger.

---

📊 Gold vs. Bitcoin: Supply Comparison

This chart shows the key difference between the two hard assets:

🔹 Gold — supply keeps growing.\ Mining may be limited, but it’s still inflationary.\ Each year, there’s more — with no known cap: new mines, asteroid mining, recycling.

🔸 Bitcoin — capped at 21 million.\ The emission schedule is public, mathematically predictable, and ends completely around 2140.

🧠 Bottom line:\ Gold is good.\ Bitcoin is better — for predictability and scarcity.

💡 As Saifedean Ammous said:

“Gold was the best monetary good… until Bitcoin.”

### While we argue — fiat erodes every day.

No matter your view on Bitcoin, just show me one other asset that is simultaneously:

– immune to devaluation by decree\ – impossible to print more of\ – impossible to confiscate by a centralized order\ – impossible to counterfeit\ – and, most importantly — transferable across borders without asking permission from a bank, a state, or a passport

💸 Try sending $10,000 through PayPal from Iran to Paraguay, or Bangladesh to Saint Lucia.\ Good luck. PayPal doesn't even work there.

Now open a laptop, type 12 words — and you have access to your savings anywhere on Earth.

🌍 Bitcoin doesn't ask for permission.\ It works for everyone, everywhere, all the time.

📌 There has never been anything like this before.

Bitcoin is the first asset in history that combines:

– digital nature\ – predictable scarcity\ – absolute portability\ – and immunity from tyranny

💡 As Michael Saylor said:

“Bitcoin is the first money in human history not created by bankers or politicians — but by engineers.”

You can own it with no bank.\ No intermediary.\ No passport.\ No approval.

That’s why Bitcoin isn’t just “internet money” or “crypto” or “digital gold.”\ It may not be perfect — but it’s incorruptible.\ And it’s not going away.\ It’s already here.\ It is the foundation of a new financial reality.

---

🔒 This is not speculation. This is a peaceful financial revolution.\ 🪙 This is not a stock. It’s money — like the world has never seen.\ ⛓️ This is not a fad. It’s a freedom protocol.

And when even the barber starts asking about Bitcoin — it’s not a bubble.\ It’s a sign that the system is breaking.\ And people are looking for an exit.

For the first time — they have one.

---

💼 This is not about investing. It’s about the dignity of work.

Imagine a man who cleans toilets at an airport every day.

Not a “prestigious” job.\ But a crucial one.\ Without him — filth, bacteria, disease.

He shows up on time. He works with his hands.

And his money? It devalues. Every day.

He doesn’t work less — often he works more than those in suits.\ But he can afford less and less — because in this system, honest labor loses value each year.

Now imagine he’s paid in Bitcoin.

Not in some “volatile coin,” but in hard money — with a limited supply.\ Money that can’t be printed, reversed, or devalued by central banks.

💡 Then he could:

– Stop rushing to spend, knowing his labor won’t be worth less tomorrow\ – Save for a dream — without fear of inflation eating it away\ – Feel that his time and effort are respected — because they retain value

Bitcoin gives anyone — engineer or janitor — a way out of the game rigged against them.\ A chance to finally build a future where savings are real.

This is economic justice.\ This is digital dignity.

📉 In fiat, you have to spend — or your money melts.\ 📈 In Bitcoin, you choose when to spend — because it’s up to you.

🧠 In a deflationary economy, both saving and spending are healthy:

You don’t scramble to survive — you choose to create.

🎯 That’s true freedom.

When even someone cleaning floors can live without fear —\ and know that their time doesn’t vanish... it turns into value.

---

🧱 The Bigger Picture

Bitcoin is not just a technology — it’s rooted in economic philosophy.\ The Austrian School of Economics has long argued that sound money, voluntary exchange, and decentralized decision-making are prerequisites for real prosperity.\ Bitcoin doesn’t reinvent these ideas — it makes them executable.

📉 Inflation doesn’t just erode savings.\ It quietly destroys quality of life.\ You work more — and everything becomes worse:\ – food is cheaper but less nutritious\ – homes are newer but uglier and less durable\ – clothes cost more but fall apart in months\ – streaming is faster, but your attention span collapses\ This isn’t just consumerism — it’s the economics of planned obsolescence.

🧨 Meanwhile, the U.S. debt has exceeded 3x its GDP.\ And nobody wants to buy U.S. bonds anymore — so the U.S. has to buy its own debt.\ Yes: printing money to buy the IOUs you just printed.\ This is the endgame of fiat.

🎭 Bonds are often sold as “safe.”\ But in practice, they are a weapon — especially abroad.\ The U.S. and IMF give loans to developing countries.\ But when those countries can’t repay (due to rigged terms or global economic headwinds), they’re forced to sell land, resources, or strategic assets.\ Both sides lose: the debtor collapses under the weight of debt, while the creditor earns resentment and instability.\ This isn’t cooperation — it’s soft colonialism enabled by inflation.

📌 Bitcoin offers a peaceful exit.\ A financial system where money can’t be created out of thin air.\ Where savings work.\ Where dignity is restored — even for those who clean toilets.

---

@ 662f9bff:8960f6b2

Issue 11 already - I will be including numbers going forward to make past letters easier to find and refer to. The past two weeks I have been on vacation - my first real vacation is a couple of years. Monday I am back to work for a bit. I have decided to work from here rather than subject myself to more international travel - we are still refugees from the insanity in Hong Kong. We really have been relaxing and enjoying life on the island. Levada hikes and Jeep tours!

220415 Jeep tour - Cabo Girao, Porto Moniz, Fanal and Ponto do Sol - Madeira

We had plenty of time to relax and enjoy life. Madeira is a fantastic place to visit with lots to see and do and even more weather!. I did think that HK was mountainous - but Madeira is next level! Portuguese is also something else; have not yet made much progress but we did not try much and English will generally suffice. As you see in the video above, Madeira is getting serious about attracting Digital Nomads and as you will see below they have forward-thinking local government - exactly as foreseen in my top book pick - The Sovereign Indvidual.

I did get to read quite a lot of interesting books and material - will be sharing insights below and going forward. Happy to discuss too - that offer is still open.

Among other things I got to appreciate more the Apple ecosystem and the seamless integration between Mac, iPhone and iPad - in combination with working with no/limited WiFi and using tethering from my CalyxOS Pixel. Strong privacy is important and Apple scores reasonably well - though you will want to take some additional precautions, I have been enjoying reading my kindle on all platforms and listening to the audio-books with reading-location syncing (fantastic). I am considering sharing tips and tricks on secure setups as well as aspects that I find particularly useful - do talk to me if you have questions or suggestions.

Bitcoin BTC

Given how important Bitcoin already is and will become I think it is right that I should include a section here with relevant news, insights and provocations to discuss. Note that Bitcoin is different from "Crypto"; do not get them mixed up!

• Madeira is not just trying to be friendly to digital nomads - photo above and Ponto do Sol. Last week the President of the Government of Madeira, Miguel Albuquerque attended the Miami conference to announce that his government will “work to create a fantastic environment for bitcoin in Madeira.” This is part of the Game Theory of Bitcoin Adoption by Nation States

• Announcing Taro, Multi-Asset Bitcoin & Lightning** **- this has potential to be something really big. It complements, and may even be better than, Jack Mallers' Strike. Their Blog post is here and the Wiki with the detailed specification is here.

• Michael Saylor is one of today's pre-eminent thinkers and communicators. Listen and learn from his revcent interview with Lex Friedman.

• SLP365 Anita Posch - Bitcoin For Fairness in Zimbabwe and Zambia — A great interview by Stephan Livera. Key takeaways: Learn how to use it before you really need it. if it works in Zimbabwe and Namibia it will work anywhere It’s still early and governments will give no help; rather they will be busy putting sticks in the wheels and sand in the gears…

• For those who look for education on Bitcoin - a starting point can be Anita Posch's The Art of (L)earning Bitcoin with many useful resources linked.

Discovery of the week - Obsidian

For years I have been an avid notetaker. I caught the bug when I did Electronic Engineering at Southampton University and we had to keep a "lab book". Ever since then in my professional work I kept a notebook and took daily notes. Recently this evolved into taking notes on computer. With the arrival of online working and screen-sharing such notes can be very useful and this unleased new value in note-taking.

For personal notes I found great value with Apple Notes - a tool that has improved dramatically in recent years and works perfectly on Mac, iPhone and iPad. However, like many notetakers I often felt that I was "missing a trick". The reality is that searching and retrieval is not as easy as you want it to be and it's hard to reassemble and repurpose your collected information into new output.

In recent years I have considered using several tools but found none of them compelling enough to put in the time to learn and adopt. There is also the fear of "lock in" and endless subscriptions to pay - as anyone who has used Evernote will know!

Big thank you to Rachel for this one. She did get me thinking and encouraged me to give Obsidian another try - I had looked at it last year but it felt overwhelming compared to Apple Notes - I could never have imagined how great it could be!

The absolute best overview of Obsidian and how to use it is FromSergio - his playlist is required watching. Particular highlights:

• Kindle Highlights - this is a superbly useful feature that normally you can only get with a subscription service - do buy the developer a coffee!

• No Lock-in - your files are simple markdown and you have full control

• Works perfectly on Mac and iPhones using iCloud - no annoying sync subscription to pay for

• It's free for personal use - no payment or annoying subscription

• Lots of high quality training material readily available and a great community of people to help you

Reading

• Empires Rise and Fall this extracts and summarises from John Glubb's paper of nearly 100 years ago, The Fate of Empires - I think you call that foresight! I do identify with his frustrations about how history has been taught considering how important it is to learn from past generations.

• The Sovereign Individual is required reading for everyone - I did dip back into it a few times over the last week or so, making Kindle highlights that magically sync into Obsidian - how great is that! If you read nothing else, read chapter 7.

• From Paris to Karachi – Regime Change is In the Air - Tom Luongo is a most interesting character and he does speak his mind. Read and consider. You might prefer to listen to him discussing with Marty.

• Aleks Svetski: The Remnant, The Parasite & The Masses - inspired by the incredible 1930’s essay by Albert J Nock; Isaiah’s Job. Aleks discusses this in his Wake Up podcast - also recommended.

• In my TBR queue (to be read): Atlas Shrugged by Ayn Rand - I must admit, I am in intrigued by Odolena's review in addition to Aleks' recommendation.

• I also think that I need to restart on (and finish) Foundation by Isaac Asimov - after watching Odolena's review of it!

• ...and I need to add Meditations by Marcus Aurelius - again inspired by Odolena's review and I have seen others recommend it too!

Watching and Listening

• Joe Blogs: Who is BUYING Russian Oil Now? Can Europe really change SUPPLIERS & are SANCTIONS Working? - do stop and think - in who's name are the governments implementing all these extreme measures - go back and re-read section "So what can you do about it?" in issue 9

• Rupert Murdochizing The Internet — The Cyberlaw Podcast — whether you agree with him or not Stewart Baker is just the best podcast provocateur!

• AntiWarhol, Culture Creation, & The Pop Art Syndicate — One of The Higherside Chats - perhaps this might open your mind and make you question some things. The rabbit hole goes deep.

• How Britain's Bankers Made Billions From The End Of Empire. At the demise of British Empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands.

• Secret City - A film about the City of London, the Corporation that runs it.

• How things get Re-Priced when a Currency Fails — An important explainer from Joe Brown of The Heresy Financial Podcast — keep an eye out for signs!

• E76: Elon vs. Twitter — the All-In Podcast. I do not agree with all these boyz say but it is interesting to listen to see how the Silicon Valley types think. David Sacks nails it, and Chamath is not far behind! If you were in any doubt as to how corrupt things are this should put you right!

For those who prefer a structured reading list, check References

That's it!

No one can be told what The Matrix is.\ You have to see it for yourself.**

Do share this newsletter with any of your friends and family who might be interested.

You can also email me at: LetterFrom@rogerprice.me

💡Enjoy the newsletters in your own language : Dutch, French, German, Serbian, Chinese Traditional & Simplified, Thai and Burmese.

@ 04c915da:3dfbecc9

Here’s a revised timeline of macro-level events from The Mandibles: A Family, 2029–2047 by Lionel Shriver, reimagined in a world where Bitcoin is adopted as a widely accepted form of money, altering the original narrative’s assumptions about currency collapse and economic control. In Shriver’s original story, the failure of Bitcoin is assumed amid the dominance of the bancor and the dollar’s collapse. Here, Bitcoin’s success reshapes the economic and societal trajectory, decentralizing power and challenging state-driven outcomes.

Part One: 2029–2032

• 2029 (Early Year)\ The United States faces economic strain as the dollar weakens against global shifts. However, Bitcoin, having gained traction emerges as a viable alternative. Unlike the original timeline, the bancor—a supranational currency backed by a coalition of nations—struggles to gain footing as Bitcoin’s decentralized adoption grows among individuals and businesses worldwide, undermining both the dollar and the bancor.

• 2029 (Mid-Year: The Great Renunciation)\ Treasury bonds lose value, and the government bans Bitcoin, labeling it a threat to sovereignty (mirroring the original bancor ban). However, a Bitcoin ban proves unenforceable—its decentralized nature thwarts confiscation efforts, unlike gold in the original story. Hyperinflation hits the dollar as the U.S. prints money, but Bitcoin’s fixed supply shields adopters from currency devaluation, creating a dual-economy split: dollar users suffer, while Bitcoin users thrive.

• 2029 (Late Year)\ Dollar-based inflation soars, emptying stores of goods priced in fiat currency. Meanwhile, Bitcoin transactions flourish in underground and online markets, stabilizing trade for those plugged into the bitcoin ecosystem. Traditional supply chains falter, but peer-to-peer Bitcoin networks enable local and international exchange, reducing scarcity for early adopters. The government’s gold confiscation fails to bolster the dollar, as Bitcoin’s rise renders gold less relevant.

• 2030–2031\ Crime spikes in dollar-dependent urban areas, but Bitcoin-friendly regions see less chaos, as digital wallets and smart contracts facilitate secure trade. The U.S. government doubles down on surveillance to crack down on bitcoin use. A cultural divide deepens: centralized authority weakens in Bitcoin-adopting communities, while dollar zones descend into lawlessness.

• 2032\ By this point, Bitcoin is de facto legal tender in parts of the U.S. and globally, especially in tech-savvy or libertarian-leaning regions. The federal government’s grip slips as tax collection in dollars plummets—Bitcoin’s traceability is low, and citizens evade fiat-based levies. Rural and urban Bitcoin hubs emerge, while the dollar economy remains fractured.

Time Jump: 2032–2047

• Over 15 years, Bitcoin solidifies as a global reserve currency, eroding centralized control. The U.S. government adapts, grudgingly integrating bitcoin into policy, though regional autonomy grows as Bitcoin empowers local economies.

Part Two: 2047

• 2047 (Early Year)\ The U.S. is a hybrid state: Bitcoin is legal tender alongside a diminished dollar. Taxes are lower, collected in BTC, reducing federal overreach. Bitcoin’s adoption has decentralized power nationwide. The bancor has faded, unable to compete with Bitcoin’s grassroots momentum.

• 2047 (Mid-Year)\ Travel and trade flow freely in Bitcoin zones, with no restrictive checkpoints. The dollar economy lingers in poorer areas, marked by decay, but Bitcoin’s dominance lifts overall prosperity, as its deflationary nature incentivizes saving and investment over consumption. Global supply chains rebound, powered by bitcoin enabled efficiency.

• 2047 (Late Year)\ The U.S. is a patchwork of semi-autonomous zones, united by Bitcoin’s universal acceptance rather than federal control. Resource scarcity persists due to past disruptions, but economic stability is higher than in Shriver’s original dystopia—Bitcoin’s success prevents the authoritarian slide, fostering a freer, if imperfect, society.

Key Differences

• Currency Dynamics: Bitcoin’s triumph prevents the bancor’s dominance and mitigates hyperinflation’s worst effects, offering a lifeline outside state control.
• Government Power: Centralized authority weakens as Bitcoin evades bans and taxation, shifting power to individuals and communities.
• Societal Outcome: Instead of a surveillance state, 2047 sees a decentralized, bitcoin driven world—less oppressive, though still stratified between Bitcoin haves and have-nots.

This reimagining assumes Bitcoin overcomes Shriver’s implied skepticism to become a robust, adopted currency by 2029, fundamentally altering the novel’s bleak trajectory.

@ 6ad3e2a3:c90b7740

I’ve written about MSTR twice already, https://www.chrisliss.com/p/mstr and https://www.chrisliss.com/p/mstr-part-2, but I want to focus on legendary short seller James Chanos’ current trade wherein he buys bitcoin (via ETF) and shorts MSTR, in essence to “be like Mike” Saylor who sells MSTR shares at the market and uses them to add bitcoin to the company’s balance sheet. After all, if it’s good enough for Saylor, why shouldn’t everyone be doing it — shorting a company whose stock price is more than 2x its bitcoin holdings and using the proceeds to buy the bitcoin itself?

Saylor himself has said selling shares at 2x NAV (net asset value) to buy bitcoin is like selling dollars for two dollars each, and Chanos has apparently decided to get in while the getting (market cap more than 2x net asset value) is good. If the price of bitcoin moons, sending MSTR’s shares up, you are more than hedged in that event, too. At least that’s the theory.

The problem with this bet against MSTR’s mNAV, i.e., you are betting MSTR’s market cap will converge 1:1 toward its NAV in the short and medium term is this trade does not exist in a vacuum. Saylor has described how his ATM’s (at the market) sales of shares are accretive in BTC per share because of this very premium they carry. Yes, we’ll dilute your shares of the company, but because we’re getting you 2x the bitcoin per share, you are getting an ever smaller slice of an ever bigger overall pie, and the pie is growing 2x faster than your slice is reducing. (I https://www.chrisliss.com/p/mstr how this works in my first post.)

But for this accretion to continue, there must be a constant supply of “greater fools” to pony up for the infinitely printable shares which contain only half their value in underlying bitcoin. Yes, those shares will continue to accrete more BTC per share, but only if there are more fools willing to make this trade in the future. So will there be a constant supply of such “fools” to keep fueling MSTR’s mNAV multiple indefinitely?

Yes, there will be in my opinion because you have to look at the trade from the prospective fools’ perspective. Those “fools” are not trading bitcoin for MSTR, they are trading their dollars, selling other equities to raise them maybe, but in the end it’s a dollars for shares trade. They are not selling bitcoin for them.

You might object that those same dollars could buy bitcoin instead, so they are surely trading the opportunity cost of buying bitcoin for them, but if only 5-10 percent of the market (or less) is buying bitcoin itself, the bucket in which which those “fools” reside is the entire non-bitcoin-buying equity market. (And this is not considering the even larger debt market which Saylor has yet to tap in earnest.)

So for those 90-95 percent who do not and are not presently planning to own bitcoin itself, is buying MSTR a fool’s errand, so to speak? Not remotely. If MSTR shares are infinitely printable ATM, they are still less so than the dollar and other fiat currencies. And MSTR shares are backed 2:1 by bitcoin itself, while the fiat currencies are backed by absolutely nothing. So if you hold dollars or euros, trading them for MSTR shares is an errand more sage than foolish.

That’s why this trade (buying BTC and shorting MSTR) is so dangerous. Not only are there many people who won’t buy BTC buying MSTR, there are many funds and other investment entities who are only able to buy MSTR.

Do you want to get BTC at 1:1 with the 5-10 percent or MSTR backed 2:1 with the 90-95 percent. This is a bit like medical tests that have a 95 percent accuracy rate for an asymptomatic disease that only one percent of the population has. If someone tests positive, it’s more likely to be a false one than an indication he has the disease*. The accuracy rate, even at 19:1, is subservient to the size of the respective populations.

At some point this will no longer be the case, but so long as the understanding of bitcoin is not widespread, so long as the dollar is still the unit of account, the “greater fools” buying MSTR are still miles ahead of the greatest fools buying neither, and the stock price and mNAV should only increase.

. . .

One other thought: it’s more work to play defense than offense because the person on offense knows where he’s going, and the defender can only react to him once he moves. Similarly, Saylor by virtue of being the issuer of the shares knows when more will come online while Chanos and other short sellers are borrowing them to sell in reaction to Saylor’s strategy. At any given moment, Saylor can pause anytime, choosing to issue convertible debt or preferred shares with which to buy more bitcoin, and the shorts will not be given advance notice.

If the price runs, and there is no ATM that week because Saylor has stopped on a dime, so to speak, the shorts will be left having to scramble to change directions and buy the shares back to cover. Their momentum might be in the wrong direction, though, and like Allen Iverson breaking ankles with a crossover, Saylor might trigger a massive short squeeze, rocketing the share price ever higher. That’s why he actually welcomes Chanos et al trying this copycat strategy — it becomes the fuel for outsized gains.

For that reason, news that Chanos is shorting MSTR has not shaken my conviction, though there are other more pertinent https://www.chrisliss.com/p/mstr-part-2 with MSTR, of which one should be aware. And as always, do your own due diligence before investing in anything.

* To understand this, consider a population of 100,000, with one percent having a disease. That means 1,000 have it, 99,000 do not. If the test is 95 percent accurate, and everyone is tested, 950 of the 1,000 will test positive (true positives), 50 who have it will test negative (false negatives.) Of the positives, 95 percent of 99,000 (94,050) will test negative (true negatives) and five percent (4,950) will test positive (false positives). That means 4,950 out of 5,900 positives (84%) will be false.

@ 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.

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🎙️ 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.

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🌃 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:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau , nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmwdaehgu3wd33xgetk9en82m30qqsgqke57uygxl0m8elstq26c4mq2erz3dvdtgxwswwvhdh0xcs04sc4u9p7d , 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

| | | | | ----------- | -------------------- | ------------------- | | Time | Name | Topic | | 7:30-7:50 | Derek | Nostr for Beginners | | 8:00-8:20 | Mark & Paul | Primal | | 8:30-8:50 | Terry | Damus | | 9:00-9:20 | OpenMike and Ainsley | V4V | | 09:30-09:50 | The Space | Space |

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

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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.

@ b83a28b7:35919450

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

@ da8b7de1:c0164aee

„Európának a tettek mezejére kell lépnie a nukleáris energia támogatásában” – mondja a brüsszeli iparági csoport új vezetője

A cikk fő témája, hogy az európai nukleáris ipar új vezetője, Emmanuel Brutin (Nucleareurope), nagyobb elkötelezettséget vár el az Európai Bizottságtól a nukleáris energia támogatásában. Bár pozitív jelek mutatkoznak a nukleáris energia iránti nyitottság terén, Brutin szerint a gyakorlatban még mindig jelentős akadályok vannak, például a finanszírozási forrásokhoz való hozzáférésben és a projektengedélyezések lassúságában.

Főbb pontok:

• Politikai nyitottság, de gyakorlati akadályok: Az EU-ban nőtt a nukleáris energia elismerése, például bekerült a fenntartható befektetési taxonómiába és a Net-Zero Industry Act-be. Ugyanakkor a nukleáris energia továbbra is kizárt több fontos finanszírozási eszközből, mint az InvestEU vagy a Just Transition Fund.
• Technológiai semlegesség szükségessége: Brutin hangsúlyozza, hogy az EU-nak nemcsak nem szabad hátráltatnia a nukleáris energiát, hanem aktívan támogatnia is kellene, különösen a Clean Industrial Deal és az Affordable Energy Action Plan keretében.
• Finanszírozás és engedélyezés: A nukleáris ágazat számára kulcsfontosságú a finanszírozáshoz való jobb hozzáférés, mivel a beruházások tőkeigényesek. Brutin szerint gyorsítani kellene a nukleáris projektek engedélyezését, és lazítani az állami támogatási szabályokon.
• Stratégiai jelentőség: Európa teljes nukleáris értéklánccal rendelkezik, ami stratégiai autonómiát jelent, különösen a jelenlegi geopolitikai környezetben.
• Új PINC dokumentum: Nyáron várható a frissített PINC (Illustrative Nuclear Programme), amelynek konkrét lépéseket kell tartalmaznia a nukleáris beruházások támogatására.
• Iparági igények: Az energiaintenzív iparágak (pl. acél, cement) számára nem az energiaforrás típusa számít, hanem a megbízható, olcsó és dekarbonizált villamosenergia-ellátás.
• Tanulás a múlt hibáiból: Brutin elismeri, hogy a nukleáris projektek Európában gyakran szenvedtek késésektől és költségtúllépésektől, de az iparág dolgozik ezek megoldásán.

Forrás:

NucNet:
"Europe Must 'Walk The Talk' On Support For Nuclear Energy, Says New Head Of Brussels Industry Group"
Megjelenés dátuma: 2025. május 20.
Elérhető: NucNet honlapján

@ c239c0f9:fa4a5015

Block: #897676 - May 2025

It's again that time of the month, time to catch up with the latest features and trends that are shaping the future of Bitcoin—the very first and most commented insights from around SN cypherspace. Every issue arrives with expert analysis, in-depth interview, and breaking news of the most significant advancements in the Bitcoin layer two solutions.

Two new things this month: A) zaps to these posts will be split to the top contributor to this territory B) As have stacked some cowboy credits lately, I'll give them away to the stackers commenting below anything meaningful, feedback to this newsletter, or suggestions to improve the territory

Subscribe to the territory and make sure you don’t miss anything about the Bitcoin Revolution!

Now let's focus on the top five items for each category, an electrifying selection that hope you'll be able to read before next edition.

Happy Zapping!

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Top ~Lightning posts

Most zapranked posts this month:

1. Liquidity requirements for Lightning payments: Ark servers and LSPs compared by @supratic 409 sats \ 8 comments \ 12 May

2. Wallet of Satoshi is coming back to US with non-custodial wallet by @k00b 906 sats \ 18 comments \ 18 May

3. How to offer Submarine Swaps — Electrum Documentation by @f321x7 836 sats \ 5 comments \ 13 May

4. Parallel channels are a mess - a rant by @C_Otto 1918 sats \ 5 comments \ 1 May

5. LNBig insight about running a LN node by @DarthCoin 1244 sats \ 10 comments \ 23 Apr

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Top posts by comments

Excluding the ones already mentioned above, you can see them all here (excluding those already listed above):

1. I believe CoinOS will resolve itself, but this screenshot is a rug pull 💨 by @realBitcoinDog 411 sats \ 73 comments \ 13 May

2. CoinOS having some issues by @StillStackinAfterAllTheseYears 268 sats \ 24 comments \ 10 May

3. BOLT12 Suggestions? by @metadavid 516 sats \ 16 comments \ 28 Apr

4. Phoenix Wallet - Swap In by @02b58a1376 256 sats \ 15 comments \ 25 Apr

5. Clearnet+Tor LND in Docker with wireguard VPS for privacy by @klk 696 sats \ 14 comments \ 27 Apr

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Top ~Lightning Boosts

Check them all here.

1. What is the Right LSP for You? [VIDEO] by @Jestopher_BTC 667 sats \ 30k boost \ 3 comments \ 15 May

2. Things Bitcoiners Don’t Want To Hear (2020) by @k00b 1553 sats \ 20k boost \ 15 comments \ 10 May

3. Liquidity Subscriptions: Automated Liquidity for Merchants by @Jestopher_BTC 448 sats \ 10k boost \ 4 comments \ 8 May lightning

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Don't miss...

Lightning Network : our high-maintenance crazy-ex by @avbpod

Coinbase announces L402 copycat "x402" by @bounty_hunter

15% of Coinbase’s Bitcoin transactions run on the Lightning Network by @south_korea_ln

An Exposition of Pathfinding Strategies Within Lightning Network Clients by @supratic

How to censor users in cashu? by @kpa

@darthcoin by @Thecanadian88

Cashu Highlights Q1 by @supratic

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Top Lightning posts outside ~Lightning

This month best posts about the Lightning Network outside ~Lightning territory:

1. Ultimate guide to LN routing and fee management. by @javier 21.6k sats \ 39 comments \ 6 May on ~bitcoin

2. Mobile (non-phone) Lightning Wallet? by @jasonb 565 sats \ 36 comments \ 30 Apr on ~bitcoin

3. Robosats Guide by @siggy47 33k sats \ 27 comments \ 22 Apr on ~bitcoin_beginners

4. LNemail: Private Disposable Email via Lightning by @lnemail 2758 sats \ 22 comments \ 18 May on ~privacy

5. Another explanation of how Ark works 1329 sats \ 10 comments \ @k00b 21 May on ~bitcoin

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Forever top ~Lightning posts

La crème de la crème... check them all here. Nothing has changed this month!

1. 👨‍🚀 We're releasing 𝗔𝗟𝗕𝗬 𝗚𝗢 - the easiest lightning mobile wallet by @Alby 29.2k sats \ 41 comments \ @Alby 25 Sep 2024 on ~lightning

2. Building Self Custody Lightning in 2025 by @k00b 2303 sats \ 8 comments \ 22 Jan on ~lightning

3. Lightning Wallets: Self-Custody Despite Poor Network - Apps Tested in Zimbabwe by @anita 72.8k sats \ 39 comments \ 28 Jan 2024 lightning on ~lightning

4. How to Attach Your self-hosted LNbits wallet to SEND/RECEIVE sats to/from SN by @supratic 1765 sats \ 18 comments \ 23 Sep 2024 on ~lightning

5. A Way to Use Stacker News to improve your Zap Receiving by @bzzzt 1652 sats \ 22 comments \ 15 Jul 2024 on ~lightning

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Forever top Lightning posts outside ~Lightning

Ek's post rise at #5, congrats!

1. Rethinking Lightning by @benthecarman 51.7k sats \ 140 comments \ 6 Jan 2024 on ~bitcoin

2. Lightning Everywhere by @TonyGiorgio 12k sats \ 27 comments \ 24 Jul 2023 on ~bitcoin

3. Lightning is dead, long live the Lightning! by @supertestnet and zaps forwarded to @anita (50%) @k00b (50%) 6321 sats \ 28 comments \ @tolot 27 Oct 2023 on ~bitcoin

4. Bisq2 adds lightning by @supertestnet 3019 sats \ 47 comments \ 19 Aug 2024 on ~bitcoin

5. Lightning Prediction Market MVP - delphi.market by @ek 34.1k sats \ 59 comments \ 4 Dec 2023 on ~bitcoin

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@ ffbcb706:b0574044

Just a client name test

@ fa984bd7:58018f52

This post has been deleted.

@ 502ab02a:a2860397

หลายคนอาจแปลกใจว่า ทำไมน้ำมันจากผลไม้แบบอโวคาโดถึงกล้าขึ้นชั้น “ไขมันดี” ไปเทียบกับน้ำมันมะกอกได้ ทั้งที่ฟังดูไม่หรูเท่า แต่ความจริงแล้ว น้ำมันอโวคาโดคือหนึ่งในไม่กี่ชนิดของน้ำมันพืชที่สกัดจาก “เนื้อผล” ไม่ใช่เมล็ด ทำให้มีโครงสร้างไขมันที่ต่างจาก seed oils ทั่วไป ทั้งในแง่กรดไขมัน สารต้านอนุมูลอิสระ และวิธีที่มันตอบสนองต่อความร้อน

น้ำมันอโวคาโดมีกรดไขมันไม่อิ่มตัวตำแหน่งเดียว (MUFA) เป็นหลัก โดยเฉพาะ กรดโอเลอิก (Oleic acid) ซึ่งคิดเป็นประมาณ 65–70% ของไขมันทั้งหมด ใกล้เคียงน้ำมันมะกอกเลย แต่เหนือกว่าเล็กน้อยในแง่ของ ค่าควัน (smoke point) ที่สูงถึง 250°C (แบบ refined) และราว 190–200°C (แบบ cold-pressed) ทำให้เหมาะกับการผัดหรือทอดแบบเบา ๆ โดยไม่ทำให้เกิดสารพิษจากไขมันไหม้เร็วเท่าน้ำมันที่ค่าควันต่ำ

นอกจาก MUFA แล้ว น้ำมันอโวคาโดยังมี PUFA อยู่เล็กน้อย ประมาณ 10–14% ส่วนใหญ่คือ โอเมก้า-6 (linoleic acid) ซึ่งก็มีปริมาณไม่มากจนถึงขั้นต้องห่วงเรื่องการอักเสบ เหมือนที่เจอกับพวกน้ำมันรำข้าวหรือถั่วเหลืองที่ PUFA พุ่งสูงเกิน 50% ขึ้นไป และที่สำคัญ...โอเมก้า-3 ในอโวคาโดก็มีอยู่บ้างในรูปของ ALA แม้ไม่เยอะ แต่ก็บอกได้ว่าโครงสร้างโดยรวมของมันสมดุลพอควร ถ้ามองในรูปแบบพลังงานไขมัน ก็ถือว่าใช้ได้เลย

อโวคาโดออยล์แบบไม่ผ่านกระบวนการ (unrefined) ยังมีพวก วิตามินอี (tocopherols) ในระดับประมาณ 13–20 มก. ต่อ 100 กรัม และสารโพลีฟีนอลบางชนิดราวๆ 30–50 mg GAE/100 กรัม เช่น catechins และ procyanidins อยู่บ้าง ซึ่งช่วยลดการเกิดอนุมูลอิสระตอนเจอความร้อน และยังดีต่อผิวหนังในมิติของ skincare ด้วยนะ

ถ้าใช้แบบ cold-pressed, unrefined กลิ่นมันจะออกคล้ายอะโวคาโดสุก ๆ หน่อย มีความเขียวอ่อน ๆ และครีมมี่เล็ก ๆ ซึ่งเหมาะกับการคลุกหรือปรุงแบบ low heat มากกว่าการทอดแรง ส่วนถ้าจะใช้ทำอาหารจริงจัง น้ำมันอโวคาโดแบบ refined ก็จะกลิ่นอ่อนลง สีใสขึ้น และทนไฟได้ดีขึ้นมาก เหมาะจะเอาไปทำ steak หรือผัดไฟกลางได้แบบไม่กังวล อันนี้ก็แล้วแต่จะเลือกนะครับ

ถ้าจะพูดให้ตรง… น้ำมันอโวคาโดคือ “ไขมันผลไม้สายกลาง” ที่ทั้งทนไฟพอใช้ ทำครัวได้หลากหลาย และไม่บิดเบือนสัดส่วนไขมันในร่างกายเราจนเกินไป และถ้าเลือกแบบที่ผลิตดี ไม่โดนสารเคมี ไม่โดนไฮโดรเจนเสริม ก็ถือว่าเป็นน้ำมันดีอีกตัวที่วางใจได้ในครัวจริง ๆ

ใครอยากลองทำเองที่บ้านก็ได้นะ แบบง่ายๆแค่มีผ้าขาวบาง https://youtu.be/gwHGgoMuRnI?si=ehcQceabdbMGfkwG

นอกจากนี้บางคนอาจเคยเห็นโฆษณาสินค้าที่มีน้ำมันจากเมล็ดและเปลือกด้วยใช่ไหมครับ

เมล็ดอโวคาโดนั้นอุดมไปด้วย ไขมันน้อยกว่ามาก เมื่อเทียบกับเนื้อผล แต่มีสารพฤกษเคมีบางชนิดที่นักวิจัยสนใจ เช่น ฟีนอลิกส์ (phenolics), ฟลาโวนอยด์, สารต้านจุลชีพ และ ไฟเบอร์ละลายน้ำสูง การสกัดน้ำมันจากเมล็ดมักจะใช้ ตัวทำละลาย (solvent extraction) หรือ วิธี supercritical CO₂ ไม่ค่อยทำแบบ cold-pressed เพราะน้ำมันน้อยเกิน ปริมาณน้ำมันจากเมล็ดนั้นต่ำมาก คือไม่ถึง 5% ของน้ำหนักแห้ง ทำให้ไม่ค่อยนิยมในเชิงพาณิชย์ น้ำมันจากเมล็ดมักไม่ได้เอาไว้ปรุงอาหาร แต่เอาไปใช้ ด้านเวชสำอาง หรือ functional food มากกว่า เช่น ครีมทาผิว แชมพู หรือผลิตภัณฑ์ชะลอวัย

เปลือกอโวคาโดมี สารต้านจุลชีพและสารต้านออกซิเดชัน บางชนิดเช่นกัน แต่มีไขมันน้อยมากแทบจะไม่มีเลย บางงานวิจัยพยายามสกัดพวก polyphenols หรือสารสีธรรมชาติจากเปลือก เพื่อใช้ในอาหารเสริม หรือผลิตภัณฑ์สุขภาพ ไม่ได้สกัดน้ำมันโดยตรง แบบเนื้อผล แต่ใช้เปลือกเป็นวัตถุดิบเสริมมากกว่า เช่น ผสมในน้ำมันหลักเพื่อเพิ่มคุณสมบัติด้านสุขภาพ

ส่วนตัวคิดว่าไม่ต้องทำเองหรอกครับ ซื้อกินเหอะ 555 เจ้านี้ดีนะ อยู่คู่วงการสุขภาพมาแต่แรกๆเลย https://s.shopee.co.th/8zsnEsLrvh

#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ 57d1a264:69f1fee1

As a product builder over too many years to mention, I’ve lost count of the number of times I’ve seen promising ideas go from zero to hero in a few weeks, only to fizzle out within months.

The problem with most finance apps, however, is that they often become a reflection of the internal politics of the business rather than an experience solely designed around the customer. This means that the focus is on delivering as many features and functionalities as possible to satisfy the needs and desires of competing internal departments, rather than providing a clear value proposition that is focused on what the people out there in the real world want. As a result, these products can very easily bloat to become a mixed bag of confusing, unrelated and ultimately unlovable customer experiences—a feature salad, you might say.

Financial products, which is the field I work in, are no exception. With people’s real hard-earned money on the line, user expectations running high, and a crowded market, it’s tempting to throw as many features at the wall as possible and hope something sticks. But this approach is a recipe for disaster.

Here’s why: https://alistapart.com/article/from-beta-to-bedrock-build-products-that-stick/

https://stacker.news/items/985285

@ a6b4114e:60d83c46

GTA San Andreas is one installment of Grand Theft Auto.

It is safe and secure for your device. No harmful elements have been found yet. It does not contain viruses, malware, bloatware, bugs, or threats, as its authority always upgrades the game to eliminate unwanted components. The amazing thing is that the game is 100% free for Android users.

You do not pay a single cent from your pocket.

Download: https://androidhd.com/en/gta-san-andreas

@ 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.

@ 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.

@ 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.

---

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.

@ 04c915da:3dfbecc9

Capitalism is the most effective system for scaling innovation. The pursuit of profit is an incredibly powerful human incentive. Most major improvements to human society and quality of life have resulted from this base incentive. Market competition often results in the best outcomes for all.

That said, some projects can never be monetized. They are open in nature and a business model would centralize control. Open protocols like bitcoin and nostr are not owned by anyone and if they were it would destroy the key value propositions they provide. No single entity can or should control their use. Anyone can build on them without permission.

As a result, open protocols must depend on donation based grant funding from the people and organizations that rely on them. This model works but it is slow and uncertain, a grind where sustainability is never fully reached but rather constantly sought. As someone who has been incredibly active in the open source grant funding space, I do not think people truly appreciate how difficult it is to raise charitable money and deploy it efficiently.

Projects that can be monetized should be. Profitability is a super power. When a business can generate revenue, it taps into a self sustaining cycle. Profit fuels growth and development while providing projects independence and agency. This flywheel effect is why companies like Google, Amazon, and Apple have scaled to global dominance. The profit incentive aligns human effort with efficiency. Businesses must innovate, cut waste, and deliver value to survive.

Contrast this with non monetized projects. Without profit, they lean on external support, which can dry up or shift with donor priorities. A profit driven model, on the other hand, is inherently leaner and more adaptable. It is not charity but survival. When survival is tied to delivering what people want, scale follows naturally.

The real magic happens when profitable, sustainable businesses are built on top of open protocols and software. Consider the many startups building on open source software stacks, such as Start9, Mempool, and Primal, offering premium services on top of the open source software they build out and maintain. Think of companies like Block or Strike, which leverage bitcoin’s open protocol to offer their services on top. These businesses amplify the open software and protocols they build on, driving adoption and improvement at a pace donations alone could never match.

When you combine open software and protocols with profit driven business the result are lean, sustainable companies that grow faster and serve more people than either could alone. Bitcoin’s network, for instance, benefits from businesses that profit off its existence, while nostr will expand as developers monetize apps built on the protocol.

Capitalism scales best because competition results in efficiency. Donation funded protocols and software lay the groundwork, while market driven businesses build on top. The profit incentive acts as a filter, ensuring resources flow to what works, while open systems keep the playing field accessible, empowering users and builders. Together, they create a flywheel of innovation, growth, and global benefit.

@ 95543309:196c540e

Lets see if this works with the blossom upload and without markdown hassle.

:cat:

https://blossom.primal.net/73a099f931366732c18dd60da82db6ef65bb368eb96756f07d9fa7a8a3644009.mp4

@ 21335073:a244b1ad

Someone asked for my thoughts, so I’ll share them thoughtfully. I’m not here to dictate how to promote Nostr—I’m still learning about it myself. While I’m not new to Nostr, freedom tech is a newer space for me. I’m skilled at advocating for topics I deeply understand, but freedom tech isn’t my expertise, so take my words with a grain of salt. Nothing I say is set in stone.

Those who need Nostr the most are the ones most vulnerable to censorship on other platforms right now. Reaching them requires real-time awareness of global issues and the dynamic relationships between governments and tech providers, which can shift suddenly. Effective Nostr promoters must grasp this and adapt quickly.

The best messengers are people from or closely tied to these at-risk regions—those who truly understand the local political and cultural dynamics. They can connect with those in need when tensions rise. Ideal promoters are rational, trustworthy, passionate about Nostr, but above all, dedicated to amplifying people’s voices when it matters most.

Forget influencers, corporate-backed figures, or traditional online PR—it comes off as inauthentic, corny, desperate and forced. Nostr’s promotion should be grassroots and organic, driven by a few passionate individuals who believe in Nostr and the communities they serve.

The idea that “people won’t join Nostr due to lack of reach” is nonsense. Everyone knows X’s “reach” is mostly with bots. If humans want real conversations, Nostr is the place. X is great for propaganda, but Nostr is for the authentic voices of the people.

Those spreading Nostr must be so passionate they’re willing to onboard others, which is time-consuming but rewarding for the right person. They’ll need to make Nostr and onboarding a core part of who they are. I see no issue with that level of dedication. I’ve been known to get that way myself at times. It’s fun for some folks.

With love, I suggest not adding Bitcoin promotion with Nostr outreach. Zaps already integrate that element naturally. (Still promote within the Bitcoin ecosystem, but this is about reaching vulnerable voices who needed Nostr yesterday.)

To promote Nostr, forget conventional strategies. “Influencers” aren’t the answer. “Influencers” are not the future. A trusted local community member has real influence—reach them. Connect with people seeking Nostr’s benefits but lacking the technical language to express it. This means some in the Nostr community might need to step outside of the Bitcoin bubble, which is uncomfortable but necessary. Thank you in advance to those who are willing to do that.

I don’t know who is paid to promote Nostr, if anyone. This piece isn’t shade. But it’s exhausting to see innocent voices globally silenced on corporate platforms like X while Nostr exists. Last night, I wondered: how many more voices must be censored before the Nostr community gets uncomfortable and thinks creatively to reach the vulnerable?

A warning: the global need for censorship-resistant social media is undeniable. If Nostr doesn’t make itself known, something else will fill that void. Let’s start this conversation.

@ d61f3bc5:0da6ef4a

I remember the first gathering of Nostr devs two years ago in Costa Rica. We were all psyched because Nostr appeared to solve the problem of self-sovereign online identity and decentralized publishing. The protocol seemed well-suited for textual content, but it wasn't really designed to handle binary files, like images or video.

The Problem

When I publish a note that contains an image link, the note itself is resilient thanks to Nostr, but if the hosting service disappears or takes my image down, my note will be broken forever. We need a way to publish binary data without relying on a single hosting provider.

We were discussing how there really was no reliable solution to this problem even outside of Nostr. Peer-to-peer attempts like IPFS simply didn't work; they were hopelessly slow and unreliable in practice. Torrents worked for popular files like movies, but couldn't be relied on for general file hosting.

Awesome Blossom

A year later, I attended the Sovereign Engineering demo day in Madeira, organized by Pablo and Gigi. Many projects were presented over a three hour demo session that day, but one really stood out for me.

Introduced by hzrd149 and Stu Bowman, Blossom blew my mind because it showed how we can solve complex problems easily by simply relying on the fact that Nostr exists. Having an open user directory, with the corresponding social graph and web of trust is an incredible building block.

Since we can easily look up any user on Nostr and read their profile metadata, we can just get them to simply tell us where their files are stored. This, combined with hash-based addressing (borrowed from IPFS), is all we need to solve our problem.

How Blossom Works

The Blossom protocol (Blobs Stored Simply on Mediaservers) is formally defined in a series of BUDs (Blossom Upgrade Documents). Yes, Blossom is the most well-branded protocol in the history of protocols. Feel free to refer to the spec for details, but I will provide a high level explanation here.

The main idea behind Blossom can be summarized in three points:

1. Users specify which media server(s) they use via their public Blossom settings published on Nostr;
2. All files are uniquely addressable via hashes;
3. If an app fails to load a file from the original URL, it simply goes to get it from the server(s) specified in the user's Blossom settings.

Just like Nostr itself, the Blossom protocol is dead-simple and it works!

Let's use this image as an example:

If you look at the URL for this image, you will notice that it looks like this:

blossom.primal.net/c1aa63f983a44185d039092912bfb7f33adcf63ed3cae371ebe6905da5f688d0.jpg

All Blossom URLs follow this format:

[server]/[file-hash].[extension]

The file hash is important because it uniquely identifies the file in question. Apps can use it to verify that the file they received is exactly the file they requested. It also gives us the ability to reliably get the same file from a different server.

Nostr users declare which media server(s) they use by publishing their Blossom settings. If I store my files on Server A, and they get removed, I can simply upload them to Server B, update my public Blossom settings, and all Blossom-capable apps will be able to find them at the new location. All my existing notes will continue to display media content without any issues.

Blossom Mirroring

Let's face it, re-uploading files to another server after they got removed from the original server is not the best user experience. Most people wouldn't have the backups of all the files, and/or the desire to do this work.

This is where Blossom's mirroring feature comes handy. In addition to the primary media server, a Blossom user can set one one or more mirror servers. Under this setup, every time a file is uploaded to the primary server the Nostr app issues a mirror request to the primary server, directing it to copy the file to all the specified mirrors. This way there is always a copy of all content on multiple servers and in case the primary becomes unavailable, Blossom-capable apps will automatically start loading from the mirror.

Mirrors are really easy to setup (you can do it in two clicks in Primal) and this arrangement ensures robust media handling without any central points of failure. Note that you can use professional media hosting services side by side with self-hosted backup servers that anyone can run at home.

Using Blossom Within Primal

Blossom is natively integrated into the entire Primal stack and enabled by default. If you are using Primal 2.2 or later, you don't need to do anything to enable Blossom, all your media uploads are blossoming already.

To enhance user privacy, all Primal apps use the "/media" endpoint per BUD-05, which strips all metadata from uploaded files before they are saved and optionally mirrored to other Blossom servers, per user settings. You can use any Blossom server as your primary media server in Primal, as well as setup any number of mirrors:

## Conclusion

For such a simple protocol, Blossom gives us three major benefits:

1. Verifiable authenticity. All Nostr notes are always signed by the note author. With Blossom, the signed note includes a unique hash for each referenced media file, making it impossible to falsify.
2. File hosting redundancy. Having multiple live copies of referenced media files (via Blossom mirroring) greatly increases the resiliency of media content published on Nostr.
3. Censorship resistance. Blossom enables us to seamlessly switch media hosting providers in case of censorship.

Thanks for reading; and enjoy! 🌸

@ 52b4a076:e7fad8bd

Introduction

Me and Fishcake have been working on infrastructure for Noswhere and Nostr.build. Part of this involves processing a large amount of Nostr events for features such as search, analytics, and feeds.

I have been recently developing nosdex v3, a newer version of the Noswhere scraper that is designed for maximum performance and fault tolerance using FoundationDB (FDB).

Fishcake has been working on a processing system for Nostr events to use with NB, based off of Cloudflare (CF) Pipelines, which is a relatively new beta product. This evening, we put it all to the test.

First preparations

We set up a new CF Pipelines endpoint, and I implemented a basic importer that took data from the nosdex database. This was quite slow, as it did HTTP requests synchronously, but worked as a good smoke test.

Asynchronous indexing

I implemented a high-contention queue system designed for highly parallel indexing operations, built using FDB, that supports: - Fully customizable batch sizes - Per-index queues - Hundreds of parallel consumers - Automatic retry logic using lease expiration

When the scraper first gets an event, it will process it and eventually write it to the blob store and FDB. Each new event is appended to the event log.

On the indexing side, a Queuer will read the event log, and batch events (usually 2K-5K events) into one work job. This work job contains: - A range in the log to index - Which target this job is intended for - The size of the job and some other metadata

Each job has an associated leasing state, which is used to handle retries and prioritization, and ensure no duplication of work.

Several Workers monitor the index queue (up to 128) and wait for new jobs that are available to lease.

Once a suitable job is found, the worker acquires a lease on the job and reads the relevant events from FDB and the blob store.

Depending on the indexing type, the job will be processed in one of a number of ways, and then marked as completed or returned for retries.

In this case, the event is also forwarded to CF Pipelines.

Trying it out

The first attempt did not go well. I found a bug in the high-contention indexer that led to frequent transaction conflicts. This was easily solved by correcting an incorrectly set parameter.

We also found there were other issues in the indexer, such as an insufficient amount of threads, and a suspicious decrease in the speed of the Queuer during processing of queued jobs.

Along with fixing these issues, I also implemented other optimizations, such as deprioritizing Worker DB accesses, and increasing the batch size.

To fix the degraded Queuer performance, I ran the backfill job by itself, and then started indexing after it had completed.

Bottlenecks, bottlenecks everywhere

After implementing these fixes, there was an interesting problem: The DB couldn't go over 80K reads per second. I had encountered this limit during load testing for the scraper and other FDB benchmarks.

As I suspected, this was a client thread limitation, as one thread seemed to be using high amounts of CPU. To overcome this, I created a new client instance for each Worker.

After investigating, I discovered that the Go FoundationDB client cached the database connection. This meant all attempts to create separate DB connections ended up being useless.

Using OpenWithConnectionString partially resolved this issue. (This also had benefits for service-discovery based connection configuration.)

To be able to fully support multi-threading, I needed to enabled the FDB multi-client feature. Enabling it also allowed easier upgrades across DB versions, as FDB clients are incompatible across versions:

FDB_NETWORK_OPTION_EXTERNAL_CLIENT_LIBRARY="/lib/libfdb_c.so" FDB_NETWORK_OPTION_CLIENT_THREADS_PER_VERSION="16"

Breaking the 100K/s reads barrier

After implementing support for the multi-threaded client, we were able to get over 100K reads per second.

You may notice after the restart (gap) the performance dropped. This was caused by several bugs: 1. When creating the CF Pipelines endpoint, we did not specify a region. The automatically selected region was far away from the server. 2. The amount of shards were not sufficient, so we increased them. 3. The client overloaded a few HTTP/2 connections with too many requests.

I implemented a feature to assign each Worker its own HTTP client, fixing the 3rd issue. We also moved the entire storage region to West Europe to be closer to the servers.

After these changes, we were able to easily push over 200K reads/s, mostly limited by missing optimizations:

It's shards all the way down

While testing, we also noticed another issue: At certain times, a pipeline would get overloaded, stalling requests for seconds at a time. This prevented all forward progress on the Workers.

We solved this by having multiple pipelines: A primary pipeline meant to be for standard load, with moderate batching duration and less shards, and high-throughput pipelines with more shards.

Each Worker is assigned a pipeline on startup, and if one pipeline stalls, other workers can continue making progress and saturate the DB.

The stress test

After making sure everything was ready for the import, we cleared all data, and started the import.

The entire import lasted 20 minutes between 01:44 UTC and 02:04 UTC, reaching a peak of: - 0.25M requests per second - 0.6M keys read per second - 140MB/s reads from DB - 2Gbps of network throughput

FoundationDB ran smoothly during this test, with: - Read times under 2ms - Zero conflicting transactions - No overloaded servers

CF Pipelines held up well, delivering batches to R2 without any issues, while reaching its maximum possible throughput.

Finishing notes

Me and Fishcake have been building infrastructure around scaling Nostr, from media, to relays, to content indexing. We consistently work on improving scalability, resiliency and stability, even outside these posts.

Many things, including what you see here, are already a part of Nostr.build, Noswhere and NFDB, and many other changes are being implemented every day.

If you like what you are seeing, and want to integrate it, get in touch. :)

If you want to support our work, you can zap this post, or register for nostr.land and nostr.build today.

@ 266815e0:6cd408a5

Its been six long months of refactoring code and building out to the applesauce packages but the app is stable enough for another release.

This update is pretty much a full rewrite of the non-visible parts of the app. all the background services were either moved out to the applesauce packages or rewritten, the result is that noStrudel is a little faster and much more consistent with connections and publishing.

New layout

The app has a new layout now, it takes advantage of the full desktop screen and looks a little better than it did before.

Removed NIP-72 communities

The NIP-72 communities are no longer part of the app, if you want to continue using them there are still a few apps that support them ( like satellite.earth ) but noStrudel won't support them going forward.

The communities where interesting but ultimately proved too have some fundamental flaws, most notably that all posts had to be approved by a moderator. There were some good ideas on how to improve it but they would have only been patches and wouldn't have fixed the underlying issues.

I wont promise to build it into noStrudel, but NIP-29 (relay based groups) look a lot more promising and already have better moderation abilities then NIP-72 communities could ever have.

Settings view

There is now a dedicated settings view, so no more hunting around for where the relays are set or trying to find how to add another account. its all in one place now

Cleaned up lists

The list views are a little cleaner now, and they have a simple edit modal

New emoji picker

Just another small improvement that makes the app feel more complete.

Experimental Wallet

There is a new "wallet" view in the app that lets you manage your NIP-60 cashu wallet. its very experimental and probably won't work for you, but its there and I hope to finish it up so the app can support NIP-61 nutzaps.

WARNING: Don't feed the wallet your hard earned sats, it will eat them!

Smaller improvements

• Added NSFW flag for replies
• Updated NIP-48 bunker login to work with new spec
• Linkfy BIPs
• Added 404 page
• Add NIP-22 comments under badges, files, and articles
• Add max height to timeline notes
• Fix articles view freezing on load
• Add option to mirror blobs when sharing notes
• Remove "open in drawer" for notes

@ 7460b7fd:4fc4e74b

如果比特币发明了真正的钱，那么 Crypto 是什么？

引言

比特币诞生之初就以“数字黄金”姿态示人，被支持者誉为人类历史上第一次发明了真正意义上的钱——一种不依赖国家信用、总量恒定且不可篡改的硬通货。然而十多年过去，比特币之后蓬勃而起的加密世界（Crypto）已经远超“货币”范畴：从智能合约平台到去中心组织，从去央行的稳定币到戏谑荒诞的迷因币，Crypto 演化出一个丰富而混沌的新生态。这不禁引发一个根本性的追问：如果说比特币解决了“真金白银”的问题，那么 Crypto 又完成了什么发明？

Crypto 与政治的碰撞：随着Crypto版图扩张，全球政治势力也被裹挟进这场金融变革洪流（示意图）。比特币的出现重塑了货币信用，但Crypto所引发的却是一场更深刻的政治与治理结构实验。从华尔街到华盛顿，从散户论坛到主权国家，越来越多人意识到：Crypto不只是技术或金融现象，而是一种全新的政治表达结构正在萌芽。正如有激进论者所断言的：“比特币发明了真正的钱，而Crypto则在发明新的政治。”价格K线与流动性曲线，或许正成为这个时代社群意志和社会价值观的新型投射。

冲突结构：当价格挑战选票

传统政治中，选票是人民意志的载体，一人一票勾勒出民主治理的正统路径。而在链上的加密世界里，骤升骤降的价格曲线和真金白银的买卖行为却扮演起了选票的角色：资金流向成了民意走向，市场多空成为立场表决。价格行为取代选票，这听来匪夷所思，却已在Crypto社群中成为日常现实。每一次代币的抛售与追高，都是社区对项目决策的即时“投票”；每一根K线的涨跌，都折射出社区意志的赞同或抗议。市场行为本身承担了决策权与象征权——价格即政治，正在链上蔓延。

这一新生政治形式与旧世界的民主机制形成了鲜明冲突。bitcoin.org中本聪在比特币白皮书中提出“一CPU一票”的工作量证明共识，用算力投票取代了人为决策bitcoin.org。而今，Crypto更进一步，用资本市场的涨跌来取代传统政治的选举。支持某项目？直接购入其代币推高市值；反对某提案？用脚投票抛售资产。相比漫长的选举周期和层层代议制，链上市场提供了近乎实时的“公投”机制。但这种机制也引发巨大争议：资本的投票天然偏向持币多者（富者）的意志，是否意味着加密政治更为金权而非民权？持币多寡成为影响力大小，仿佛选举演变成了“一币一票”，巨鲸富豪俨然掌握更多话语权。这种与民主平等原则的冲突，成为Crypto政治形式饱受质疑的核心张力之一。

尽管如此，我们已经目睹市场投票在Crypto世界塑造秩序的威力：2016年以太坊因DAO事件分叉时，社区以真金白银“投票”决定了哪条链获得未来。arkhamintelligence.com结果是新链以太坊（ETH）成为主流，其市值一度超过2,800亿美元，而坚持原则的以太经典（ETC）市值不足35亿美元，不及前者的八十分之一arkhamintelligence.com。市场选择清楚地昭示了社区的政治意志。同样地，在比特币扩容之争、各类硬分叉博弈中，无不是由投资者和矿工用资金与算力投票，胜者存续败者黯然。价格成为裁决纷争的最终选票，冲击着传统“选票决胜”的政治理念。Crypto的价格民主，与现代代议民主正面相撞，激起当代政治哲思中前所未有的冲突火花。

治理与分配

XRP对决SEC成为了加密世界“治理与分配”冲突的经典战例。2020年底，美国证券交易委员会（SEC）突然起诉Ripple公司，指控其发行的XRP代币属于未注册证券，消息一出直接引爆市场恐慌。XRP价格应声暴跌，一度跌去超过60%，最低触及0.21美元coindesk.com。曾经位居市值前三的XRP险些被打入谷底，监管的强硬姿态似乎要将这个项目彻底扼杀。

然而XRP社区没有选择沉默。 大批长期持有者组成了自称“XRP军团”（XRP Army）的草根力量，在社交媒体上高调声援Ripple，对抗监管威胁。面对SEC的指控，他们集体发声，质疑政府选择性执法，声称以太坊当年发行却“逍遥法外”，只有Ripple遭到不公对待coindesk.com。正如《福布斯》的评论所言：没人预料到愤怒的加密散户投资者会掀起法律、政治和社交媒体领域的‘海啸式’反击，痛斥监管机构背弃了保护投资者的承诺crypto-law.us。这种草根抵抗监管的话语体系迅速形成：XRP持有者不但在网上掀起舆论风暴，还采取实际行动向SEC施压。他们发起了请愿，抨击SEC背离保护投资者初衷、诉讼给个人投资者带来巨大伤害，号召停止对Ripple的上诉纠缠——号称这是在捍卫全球加密用户的共同利益bitget.com。一场由民间主导的反监管运动就此拉开帷幕。

Ripple公司则选择背水一战，拒绝和解，在法庭上与SEC针锋相对地鏖战了近三年之久。Ripple坚称XRP并非证券，不应受到SEC管辖，即使面临沉重法律费用和业务压力也不妥协。2023年，这场持久战迎来了标志性转折：美国法庭作出初步裁决，认定XRP在二级市场的流通不构成证券coindesk.com。这一胜利犹如给沉寂已久的XRP注入强心针——消息公布当天XRP价格飙涨近一倍，盘中一度逼近1美元大关coindesk.com。沉重监管阴影下苟延残喘的项目，凭借司法层面的突破瞬间重获生机。这不仅是Ripple的胜利，更被支持者视为整个加密行业对SEC强权的一次胜仗。

XRP的对抗路线与某些“主动合规”的项目形成了鲜明对比。 稳定币USDC的发行方Circle、美国最大合规交易所Coinbase等选择了一条迎合监管的道路：它们高调拥抱现行法规，希望以合作换取生存空间。然而现实却给了它们沉重一击。USDC稳定币在监管风波中一度失去美元锚定，哪怕Circle及时披露储备状况也无法阻止恐慌蔓延，大批用户迅速失去信心，短时间内出现数十亿美元的赎回潮blockworks.co。Coinbase则更为直接：即便它早已注册上市、反复向监管示好，2023年仍被SEC指控为未注册证券交易所reuters.com，卷入漫长诉讼漩涡。可见，在迎合监管的策略下，这些机构非但未能换来监管青睐，反而因官司缠身或用户流失而丧失市场信任。 相比之下，XRP以对抗求生存的路线反而赢得了投资者的眼光：价格的涨跌成为社区投票的方式，抗争的勇气反过来强化了市场对它的信心。

同样引人深思的是另一种迥异的治理路径：技术至上的链上治理。 以MakerDAO为代表的去中心化治理模式曾被寄予厚望——MKR持币者投票决策、算法维持稳定币Dai的价值，被视为“代码即法律”的典范。然而，这套纯技术治理在市场层面却未能形成广泛认同，亦无法激发群体性的情绪动员。复杂晦涩的机制使得普通投资者难以参与其中，MakerDAO的治理讨论更多停留在极客圈子内部，在社会大众的政治对话中几乎听不见它的声音。相比XRP对抗监管所激发的铺天盖地关注，MakerDAO的治理实验显得默默无闻、难以“出圈”。这也说明，如果一种治理实践无法连接更广泛的利益诉求和情感共鸣，它在社会政治层面就难以形成影响力。

XRP之争的政治象征意义由此凸显： 它展示了一条“以市场对抗国家”的斗争路线，即通过代币价格的集体行动来回应监管权力的施压。在这场轰动业界的对决中，价格即是抗议的旗帜，涨跌映射着政治立场。XRP对SEC的胜利被视作加密世界向旧有权力宣告的一次胜利：资本市场的投票器可以撼动监管者的强权。这种“价格即政治”的张力，正是Crypto世界前所未有的社会实验：去中心化社区以市场行为直接对抗国家权力，在无形的价格曲线中凝聚起政治抗争的力量，向世人昭示加密货币不仅有技术和资本属性，更蕴含着不可小觑的社会能量和政治意涵。

不可归零的政治资本

Meme 币的本质并非廉价或易造，而在于其构建了一种“无法归零”的社群生存结构。 对于传统观点而言，多数 meme 币只是短命的投机游戏：价格暴涨暴跌后一地鸡毛，创始人套现跑路，投资者血本无归，然后“大家转去炒下一个”theguardian.com。然而，meme 币社群的独特之处在于——失败并不意味着终结，而更像是运动的逗号而非句号。一次币值崩盘后，持币的草根们往往并未散去；相反，他们汲取教训，准备东山再起。这种近乎“不死鸟”的循环，使得 meme 币运动呈现出一种数字政治循环的特质：价格可以归零，但社群的政治热情和组织势能不归零。正如研究者所指出的，加密领域中的骗局、崩盘等冲击并不会摧毁生态，反而成为让系统更加强韧的“健康应激”，令整个行业在动荡中变得更加反脆弱cointelegraph.com。对应到 meme 币，每一次暴跌和重挫，都是社群自我进化、卷土重来的契机。这个去中心化群体打造出一种自组织的安全垫，失败者得以在瓦砾上重建家园。对于草根社群、少数派乃至体制的“失败者”而言，meme 币提供了一个永不落幕的抗争舞台，一种真正反脆弱的政治性。正因如此，我们看到诸多曾被嘲笑的迷因项目屡败屡战：例如 Dogecoin 自2013年问世后历经八年沉浮，早已超越玩笑属性，成为互联网史上最具韧性的迷因之一frontiersin.org；支撑 Dogecoin 的正是背后强大的迷因文化和社区意志，它如同美国霸权支撑美元一样，为狗狗币提供了“永不中断”的生命力frontiersin.org。

“复活权”的数字政治意涵

这种“失败-重生”的循环结构蕴含着深刻的政治意涵：在传统政治和商业领域，一个政党选举失利或一家公司破产往往意味着清零出局，资源散尽、组织瓦解。然而在 meme 币的世界，社群拥有了一种前所未有的“复活权”。当项目崩盘，社区并不必然随之消亡，而是可以凭借剩余的人心和热情卷土重来——哪怕换一个 token 名称，哪怕重启一条链，运动依然延续。正如 Cheems 项目的核心开发者所言，在几乎无人问津、技术受阻的困境下，大多数人可能早已卷款走人，但 “CHEEMS 社区没有放弃，背景、技术、风投都不重要，重要的是永不言弃的精神”cointelegraph.com。这种精神使得Cheems项目起死回生，社区成员齐声宣告“我们都是 CHEEMS”，共同书写历史cointelegraph.com。与传统依赖风投和公司输血的项目不同，Cheems 完全依靠社区的信念与韧性存续发展，体现了去中心化运动的真谛cointelegraph.com。这意味着政治参与的门槛被大大降低：哪怕没有金主和官方背书，草根也能凭借群体意志赋予某个代币新的生命。对于身处社会边缘的群体来说，meme 币俨然成为自组织的安全垫和重新集结的工具。难怪有学者指出，近期涌入meme币浪潮的主力，正是那些对现实失望但渴望改变命运的年轻人theguardian.com——“迷茫的年轻人，想要一夜暴富”theguardian.com。meme币的炒作表面上看是投机赌博，但背后蕴含的是草根对既有金融秩序的不满与反抗：没有监管和护栏又如何？一次失败算不得什么，社区自有后路和新方案。这种由底层群众不断试错、纠错并重启的过程，本身就是一种数字时代的新型反抗运动和群众动员机制。

举例而言，Terra Luna 的沉浮充分展现了这种“复活机制”的政治力量。作为一度由风投资本热捧的项目，Luna 币在2022年的崩溃本可被视作“归零”的失败典范——稳定币UST瞬间失锚，Luna币价归零，数十亿美元灰飞烟灭。然而“崩盘”并没有画下休止符。Luna的残余社区拒绝承认失败命运，通过链上治理投票毅然启动新链，“复活”了 Luna 代币，再次回到市场交易reuters.com。正如 Terra 官方在崩盘后发布的推文所宣称：“我们力量永在社区，今日的决定正彰显了我们的韧性”reuters.com。事实上，原链更名为 Luna Classic 后，大批所谓“LUNC 军团”的散户依然死守阵地，誓言不离不弃；他们自发烧毁巨量代币以缩减供应、推动技术升级，试图让这个一度归零的项目重新燃起生命之火binance.com。失败者并未散场，而是化作一股草根洪流，奋力托举起项目的残迹。经过迷因化的叙事重塑，这场从废墟中重建价值的壮举，成为加密世界中草根政治的经典一幕。类似的案例不胜枚举：曾经被视为笑话的 DOGE（狗狗币）正因多年社群的凝聚而跻身主流币种，总市值一度高达数百亿美元，充分证明了“民有民享”的迷因货币同样可以笑傲市场frontiersin.org。再看最新的美国政治舞台，连总统特朗普也推出了自己的 meme 币 $TRUMP，号召粉丝拿真金白银来表达支持。该币首日即从7美元暴涨至75美元，两天后虽回落到40美元左右，但几乎同时，第一夫人 Melania 又发布了自己的 $Melania 币，甚至连就职典礼的牧师都跟风发行了纪念币theguardian.com！显然，对于狂热的群众来说，一个币的沉浮并非终点，而更像是运动的换挡——资本市场成为政治参与的新前线，你方唱罢我登场，meme 币的群众动员热度丝毫不减。值得注意的是，2024年出现的 Pump.fun 等平台更是进一步降低了这一循环的技术门槛，任何人都可以一键生成自己的 meme 币theguardian.com。这意味着哪怕某个项目归零，剩余的社区完全可以借助此类工具迅速复制一个新币接力，延续集体行动的火种。可以说，在 meme 币的世界里，草根社群获得了前所未有的再生能力和主动权，这正是一种数字时代的群众政治奇观：失败可以被当作梗来玩，破产能够变成重生的序章。

价格即政治：群众投机的新抗争

meme 币现象的兴盛表明：在加密时代，价格本身已成为一种政治表达。这些看似荒诞的迷因代币，将金融市场变成了群众宣泄情绪和诉求的另一个舞台。有学者将此概括为“将公民参与直接转化为了投机资产”cdn-brighterworld.humanities.mcmaster.ca——也就是说，社会运动的热情被注入币价涨跌，政治支持被铸造成可以交易的代币。meme 币融合了金融、技术与政治，通过病毒般的迷因文化激发公众参与，形成对现实政治的某种映射cdn-brighterworld.humanities.mcmaster.caosl.com。当一群草根投入全部热忱去炒作一枚毫无基本面支撑的币时，这本身就是一种大众政治动员的体现：币价暴涨，意味着一群人以戏谑的方式在向既有权威叫板；币价崩盘，也并不意味着信念的消亡，反而可能孕育下一次更汹涌的造势。正如有分析指出，政治类 meme 币的出现前所未有地将群众文化与政治情绪融入市场行情，价格曲线俨然成为民意和趋势的风向标cdn-brighterworld.humanities.mcmaster.ca。在这种局面下，投机不再仅仅是逐利，还是一种宣示立场、凝聚共识的过程——一次次看似荒唐的炒作背后，是草根对传统体制的不服与嘲讽，是失败者拒绝认输的呐喊。归根结底，meme 币所累积的，正是一种不可被归零的政治资本。价格涨落之间，群众的愤怒、幽默与希望尽显其中；这股力量不因一次挫败而消散，反而在市场的循环中愈发壮大。也正因如此，我们才说“价格即政治”——在迷因币的世界里，价格不只是数字，更是人民政治能量的晴雨表，哪怕归零也终将卷土重来。cdn-brighterworld.humanities.mcmaster.caosl.com

全球新兴现象：伊斯兰金融的入场

当Crypto在西方世界掀起市场治政的狂潮时，另一股独特力量也悄然融入这一场域：伊斯兰金融携其独特的道德秩序，开始在链上寻找存在感。长期以来，伊斯兰金融遵循着一套区别于世俗资本主义的原则：禁止利息（Riba）、反对过度投机（Gharar/Maysir）、强调实际资产支撑和道德投资。当这些原则遇上去中心化的加密技术，会碰撞出怎样的火花？出人意料的是，这两者竟在“以市场行为表达价值”这个层面产生了惊人的共鸣。伊斯兰金融并不拒绝市场机制本身，只是为其附加了道德准则；Crypto则将市场机制推向了政治高位，用价格来表达社群意志。二者看似理念迥异，实则都承认市场行为可以也应当承载社会价值观。这使得越来越多金融与政治分析人士开始关注：当虔诚的宗教伦理遇上狂野的加密市场，会塑造出何种新范式？

事实上，穆斯林世界已经在探索“清真加密”的道路。一些区块链项目致力于确保协议符合伊斯兰教法（Sharia）的要求。例如Haqq区块链发行的伊斯兰币（ISLM），从规则层面内置了宗教慈善义务——每发行新币即自动将10%拨入慈善DAO，用于公益捐赠，以符合天课（Zakat）的教义nasdaq.comnasdaq.com。同时，该链拒绝利息和赌博类应用，2022年还获得了宗教权威的教令（Fatwa）认可其合规性nasdaq.com。再看理念层面，伊斯兰经济学强调货币必须有内在价值、收益应来自真实劳动而非纯利息剥削。这一点与比特币的“工作量证明”精神不谋而合——有人甚至断言法定货币无锚印钞并不清真，而比特币这类需耗费能源生产的资产反而更符合教法初衷cointelegraph.com。由此，越来越多穆斯林投资者开始以道德投资的名义进入Crypto领域，将资金投向符合清真原则的代币和协议。

这种现象带来了微妙的双重合法性：一方面，Crypto世界原本奉行“价格即真理”的世俗逻辑，而伊斯兰金融为其注入了一股道德合法性，使部分加密资产同时获得了宗教与市场的双重背书；另一方面，即便在遵循宗教伦理的项目中，最终决定成败的依然是市场对其价值的认可。道德共识与市场共识在链上交汇，共同塑造出一种混合的新秩序。这一全球新兴现象引发广泛议论：有人将其视为金融民主化的极致表现——不同文化价值都能在市场平台上表达并竞争；也有人警惕这可能掩盖新的风险，因为把宗教情感融入高风险资产，既可能凝聚强大的忠诚度，也可能在泡沫破裂时引发信仰与财富的双重危机。但无论如何，伊斯兰金融的入场使Crypto的政治版图更加丰盈多元。从华尔街交易员到中东教士，不同背景的人们正通过Crypto这个奇特的舞台，对人类价值的表达方式进行前所未有的实验。

升华结语：价格即政治的新直觉

回顾比特币问世以来的这段历程，我们可以清晰地看到一条演进的主线：先有货币革命，后有政治发明。比特币赋予了人类一种真正自主的数字货币，而Crypto在此基础上完成的，则是一项前所未有的政治革新——它让市场价格行为承担起了类似政治选票的功能，开创了一种“价格即政治”的新直觉。在这个直觉下，市场不再只是冷冰冰的交易场所；每一次资本流动、每一轮行情涨落，都被赋予了社会意义和政治涵义。买入即表态，卖出即抗议，流动性的涌入或枯竭胜过千言万语的陈情。Crypto世界中，K线图俨然成为民意曲线，行情图就是政治晴雨表。决策不再由少数权力精英关起门来制定，而是在全球无眠的交易中由无数普通人共同谱写。这样的政治形式也许狂野，也许充满泡沫和噪音，但它不可否认地调动起了广泛的社会参与，让原本疏离政治进程的个体通过持币、交易重新找回了影响力的幻觉或实感。

“价格即政治”并非一句简单的口号，而是Crypto给予世界的全新想象力。它质疑了传统政治的正统性：如果一串代码和一群匿名投资者就能高效决策资源分配，我们为何还需要繁冗的官僚体系？它也拷问着自身的内在隐忧：当财富与权力深度绑定，Crypto政治如何避免堕入金钱统治的老路？或许，正是在这样的矛盾和张力中，人类政治的未来才会不断演化。Crypto所开启的，不仅是技术乌托邦或金融狂欢，更可能是一次对民主形式的深刻拓展和挑战。这里有最狂热的逐利者，也有最理想主义的社群塑梦者；有一夜暴富的神话，也有瞬间破灭的惨痛。而这一切汇聚成的洪流，正冲撞着工业时代以来既定的权力谱系。

当我们再次追问：Crypto究竟是什么？ 或许可以这样回答——Crypto是比特币之后，人类完成的一次政治范式的试验性跃迁。在这里，价格行为化身为选票，资本市场演化为广场，代码与共识共同撰写“社会契约”。这是一场仍在进行的文明实验：它可能无声地融入既有秩序，也可能剧烈地重塑未来规则。但无论结局如何，如今我们已经见证：在比特币发明真正的货币之后，Crypto正在发明真正属于21世纪的政治。它以数字时代的语言宣告：在链上，价格即政治，市场即民意，代码即法律。这，或许就是Crypto带给我们的最直观而震撼的本质启示。

参考资料：

• 中本聪. 比特币白皮书: 一种点对点的电子现金系统. (2008)bitcoin.org

• Arkham Intelligence. Ethereum vs Ethereum Classic: Understanding the Differences. (2023)arkhamintelligence.com

• Binance Square (@渔神的加密日记). 狗狗币价格为何上涨？背后的原因你知道吗？binance.com

• Cointelegraph中文. 特朗普的迷因币晚宴预期内容揭秘. (2025)cn.cointelegraph.com

• 慢雾科技 Web3Caff (@Lisa). 风险提醒：从 LIBRA 看“政治化”的加密货币骗局. (2025)web3caff.com

• Nasdaq (@Anthony Clarke). How Cryptocurrency Aligns with the Principles of Islamic Finance. (2023)nasdaq.comnasdaq.com

• Cointelegraph Magazine (@Andrew Fenton). DeFi can be halal but not DOGE? Decentralizing Islamic finance. (2023)cointelegraph.com

@ 502ab02a:a2860397

ถ้าเอ่ยถึง CJ หลายคนอาจนึกถึงซอสเกาหลีรสจัดจ้าน หรือบะหมี่กึ่งสำเร็จรูปแบรนด์ดังที่ขายทั่วโลก แต่เบื้องหลังความสำเร็จของแบรนด์เหล่านั้น มีบริษัทแม่อย่าง CJ CheilJedang ที่ไม่ได้แค่ผลิตอาหารแปรรูป แต่เป็นหนึ่งในผู้เล่นใหญ่ของอุตสาหกรรมอาหารระดับโลก ด้วยฐานความรู้ลึกซึ้งในเทคโนโลยีชีวภาพ หนึ่งในแขนงที่โดดเด่นคือ CJ BIO ธุรกิจไบโอเทคโนโลยีที่เน้นการใช้ Microbial Fermentation หรือการหมักจุลินทรีย์เพื่อผลิตสารอาหารและวัตถุดิบอาหารคุณภาพสูงในระดับอุตสาหกรรม

ประวัติของ CJ BIO เริ่มจากจุดเล็ก ๆ แต่ทรงพลัง คือการผลิต โมโนโซเดียมกลูตาเมต (MSG) ซึ่งเป็นกรดอะมิโนชนิดหนึ่งที่มีบทบาทสำคัญในการเพิ่มรสชาติ “อูมามิ” ให้กับอาหารทั่วโลก จุดนี้เองที่ทำให้ CJ BIO ได้สะสมเทคโนโลยีหมักจุลินทรีย์ในระดับอุตสาหกรรมมายาวนานกว่า 60 ปี ด้วยโรงงานหมักขนาดใหญ่ที่ตั้งอยู่ในหลายประเทศ เช่น เกาหลีใต้ จีน บราซิล อินโดนีเซีย และสหรัฐอเมริกา ทำให้ CJ BIO กลายเป็นหนึ่งในผู้ผลิตกรดอะมิโนและวัตถุดิบอาหารหมักจุลินทรีย์รายใหญ่ของโลก

แต่ถ้าให้พูดแบบง่าย ๆ การหมักจุลินทรีย์ของ CJ BIO นั้น ไม่ใช่แค่ “การทำอาหาร” ธรรมดา ๆ แต่เป็นการ “สร้างอาหารในระดับโมเลกุล” ตั้งแต่พื้นฐาน ซึ่งถือเป็นเทคโนโลยีที่สำคัญสำหรับอนาคตของอาหาร เพราะมันช่วยให้เราสามารถผลิตโปรตีน กรดอะมิโน และสารอาหารต่าง ๆ ที่มีคุณภาพสูงและควบคุมได้ในโรงงานขนาดใหญ่ โดยไม่ต้องพึ่งพาการเกษตรแบบดั้งเดิมที่ต้องใช้พื้นที่มากและมีผลกระทบต่อสิ่งแวดล้อม

เมื่อเทรนด์โลกกำลังเปลี่ยนไปในทางที่ผู้บริโภคหันมาใส่ใจสุขภาพและสิ่งแวดล้อมมากขึ้น เรื่อง “อาหารจากห้องแล็บ” หรือ “อาหารเทคโนโลยีชีวภาพ” จึงกลายเป็นสิ่งที่ได้รับความสนใจอย่างมาก และนี่เองที่ทำให้ CJ BIO ไม่ได้หยุดอยู่แค่ Microbial Fermentation แบบดั้งเดิม แต่เริ่มขยับเข้าสู่โลกใหม่ของ Precision Fermentation การใช้จุลินทรีย์ที่ผ่านการดัดแปลงพันธุกรรมอย่างแม่นยำ เพื่อผลิตโปรตีนหรือสารอาหารเฉพาะอย่างที่ต้องการ

ความเคลื่อนไหวที่สำคัญเกิดขึ้นในปี 2022 เมื่อ CJ CheilJedang ประกาศลงทุนใน New Culture สตาร์ทอัพสัญชาติอเมริกันที่กำลังพัฒนา “ชีสไร้วัว” ด้วยเทคโนโลยี Precision Fermentation ซึ่ง New Culture ใช้จุลินทรีย์ที่ถูกออกแบบมาเพื่อผลิตโปรตีนเคซีน โปรตีนหลักในน้ำนมวัว โดยไม่ต้องมีวัวจริงเลย นั่นหมายความว่าชีสที่ผลิตออกมาจะไม่มีส่วนผสมจากสัตว์จริง ๆ แต่ยังคงรสชาติและเนื้อสัมผัสเหมือนชีสธรรมชาติทุกประการ

การลงทุนครั้งนี้ของ CJ CheilJedang บริษัทแม่ของ CJ BIO จึงถือเป็นการผนึกกำลังระหว่างเทคโนโลยีดั้งเดิมที่ผ่านการพิสูจน์แล้วในระดับอุตสาหกรรม กับนวัตกรรมที่พร้อมเปลี่ยนแปลงวงการอาหารครั้งใหญ่

ถ้าให้เปรียบเทียบง่าย ๆ CJ BIO เหมือนกับ “โรงงานปั้นโมเลกุลอาหาร” ที่มีความเชี่ยวชาญสูงในการจัดการกับจุลินทรีย์และการผลิตกรดอะมิโนหลากหลายชนิด โดยเฉพาะ MSG ซึ่งถือเป็น “พี่ใหญ่” ในกลุ่มกรดอะมิโนที่ช่วยเพิ่มรสชาติและถูกใช้ในอุตสาหกรรมอาหารทั่วโลก

ความเชี่ยวชาญในการผลิต MSG นี้เอง คือฐานกำลังสำคัญที่ทำให้ CJ BIO สามารถขยายขอบเขตไปสู่การผลิตโปรตีนด้วย Precision Fermentation ได้อย่างมั่นใจ เพราะกระบวนการหมักจุลินทรีย์เพื่อผลิตกรดอะมิโนและโปรตีนนั้นมีความคล้ายคลึงกันในเชิงเทคนิคและการควบคุมคุณภาพ

CJ BIO มีโรงงานหมักจุลินทรีย์ที่ทันสมัยและขนาดใหญ่กระจายอยู่ทั่วโลก สามารถผลิตวัตถุดิบในปริมาณมหาศาลเพื่อตอบสนองตลาดอาหารที่เติบโตอย่างรวดเร็ว และการมีเครือข่ายโรงงานแบบนี้ทำให้ CJ BIO มีความได้เปรียบในการลดต้นทุนและควบคุมคุณภาพอย่างเข้มงวด

อนาคตที่ CJ BIO กำลังเดินไปนั้น ไม่ใช่แค่การผลิตวัตถุดิบอาหารธรรมดา ๆ แต่คือการสร้างนวัตกรรมที่จะเปลี่ยนแปลงวิธีการผลิตและการบริโภคอาหารของโลก

เมื่อผลิตภัณฑ์จากเทคโนโลยี Precision Fermentation อย่างชีสไร้วัว ไข่ไร่ไก่ หรือโปรตีนทางเลือกต่าง ๆ เริ่มเข้ามาในตลาดมากขึ้น เราอาจจะได้เห็น CJ BIO ทำหน้าที่เหมือน “Intel Inside” ของวงการอาหารอนาคต ที่อยู่เบื้องหลังผลิตภัณฑ์สำคัญ ๆ ที่ผู้บริโภคชื่นชอบโดยไม่รู้ตัว

นี่คือเหตุผลที่ทำให้การมองแค่แบรนด์อาหารหรือการตลาดที่พูดถึง “ความยั่งยืน” หรือ “อาหารปลอดสัตว์” ยังไม่พอ เราต้องมองให้ลึกไปถึงระบบนิเวศของเทคโนโลยีและทุนที่อยู่เบื้องหลัง เพราะนั่นคือเกมกระดานใหญ่ที่กำลังขยับเปลี่ยนแปลงวงการอาหารโลกอย่างแท้จริง

#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ 088436cd:9d2646cc

The arrival of the coronavirus brought not only illness and death but also fear and panic. In such an environment of uncertainty, people have naturally stocked up on necessities, not knowing when things will return to normal.

Retail shelves have been cleared out, and even online suppliers like Amazon and Walmart are out of stock for some items. Independent sellers on these e-commerce platforms have had to fill the gap. With the huge increase in demand, they have found that their inventory has skyrocketed in value.

Many in need of these items (e.g. toilet paper, hand sanitizer and masks) balk at the new prices. They feel they are being taken advantage of in a time of need and call for intervention by the government to lower prices. The government has heeded that call, labeling the independent sellers as "price gougers" and threatening sanctions if they don't lower their prices. Amazon has suspended seller accounts and law enforcement at all levels have threatened to prosecute. Prices have dropped as a result and at first glance this seems like a victory for fair play. But, we will have to dig deeper to understand the unseen consequences of this intervention.

We must look at the economics of the situation, how supply and demand result in a price and how that price acts as a signal that goes out to everyone, informing them of underlying conditions in the economy and helping coordinate their actions.

It all started with a rise in demand. Given a fixed supply (e.g., the limited stock on shelves and in warehouses), an increase in demand inevitably leads to higher prices. Most people are familiar with this phenomenon, such as paying more for airline tickets during holidays or surge pricing for rides.

Higher prices discourage less critical uses of scarce resources. For example, you might not pay $1,000 for a plane ticket to visit your aunt if you can get one for $100 the following week, but someone else might pay that price to visit a dying relative. They value that plane seat more than you.

*** During the crisis, demand surged and their shelves emptied even though

However, retail outlets have not raised prices. They have kept them low, so the low-value uses of things like toilet paper, masks and hand sanitizer has continued. Often, this "use" just takes the form of hoarding. At everyday low prices, it makes sense to buy hundreds of rolls and bottles. You know you will use them eventually, so why not stock up? And, with all those extra supplies in the closet and basement, you don't need to change your behavior much. You don't have to ration your use.

At the low prices, these scarce resources got bought up faster and faster until there was simply none left. The reality of the situation became painfully clear to those who didn't panic and got to the store late: You have no toilet paper and you're not going to any time soon.

However, if prices had been allowed to rise, a number of effects would have taken place that would have coordinated the behavior of everyone so that valuable resources would not have been wasted or hoarded, and everyone could have had access to what they needed.

On the demand side, if prices had been allowed to rise, people would have begun to self-ration. You might leave those extra plies on the roll next time if you know they will cost ten times as much to replace. Or, you might choose to clean up a spill with a rag rather than disposable tissue. Most importantly, you won't hoard as much. That 50th bottle of hand sanitizer might just not be worth it at the new, high price. You'll leave it on the shelf for someone else who may have none.

On the supply side, higher prices would have incentivized people to offer up more of their stockpiles for sale. If you have a pallet full of toilet paper in your basement and all of the sudden they are worth $15 per roll, you might just list a few online. But, if it is illegal to do so, you probably won't.

Imagine you run a business installing insulation and have a few thousand respirator masks on hand for your employees. During a pandemic, it is much more important that people breathe filtered air than that insulation get installed, and that fact is reflected in higher prices. You will sell your extra masks at the higher price rather than store them for future insulation jobs, and the scarce resource will be put to its most important use.

Producers of hand sanitizer would go into overdrive if prices were allowed to rise. They would pay their employees overtime, hire new ones, and pay a premium for their supplies, making sure their raw materials don't go to less important uses.

These kinds of coordinated actions all across the economy would be impossible without real prices to guide them. How do you know if it makes sense to spend an extra $10k bringing a thousand masks to market unless you know you can get more than $10 per mask? If the price is kept artificially low, you simply can't do it. The money just isn't there.

These are the immediate effects of a price change, but incredibly, price changes also coordinate people's actions across space and time.

Across space, there are different supply and demand conditions in different places, and thus prices are not uniform. We know some places are real "hot spots" for the virus, while others are mostly unaffected. High demand in the hot spots leads to higher prices there, which attracts more of the resource to those areas. Boxes and boxes of essential items would pour in where they are needed most from where they are needed least, but only if prices were allowed to adjust freely.

This would be accomplished by individuals and businesses buying low in the unaffected areas, selling high in the hot spots and subtracting their labor and transportation costs from the difference. Producers of new supply would know exactly where it is most needed and ship to the high-demand, high-price areas first. The effect of these actions is to increase prices in the low demand areas and reduce them in the high demand areas. People in the low demand areas will start to self-ration more, reflecting the reality of their neighbors, and people in the hotspots will get some relief.

However, by artificially suppressing prices in the hot spot, people there will simply buy up the available supply and run out, and it will be cost prohibitive to bring in new supply from low-demand areas.

Prices coordinate economic actions across time as well. Just as entrepreneurs and businesses can profit by transporting scarce necessities from low-demand to high-demand areas, they can also profit by buying in low-demand times and storing their merchandise for when it is needed most.

Just as allowing prices to freely adjust in one area relative to another will send all the right signals for the optimal use of a scarce resource, allowing prices to freely adjust over time will do the same.

When an entrepreneur buys up resources during low-demand times in anticipation of a crisis, she restricts supply ahead of the crisis, which leads to a price increase. She effectively bids up the price. The change in price affects consumers and producers in all the ways mentioned above. Consumers self-ration more, and producers bring more of the resource to market.

Our entrepreneur has done a truly incredible thing. She has predicted the future, and by so doing has caused every individual in the economy to prepare for a shortage they don't even know is coming! And, by discouraging consumption and encouraging production ahead of time, she blunts the impact the crisis will have. There will be more of the resource to go around when it is needed most.

On top of this, our entrepreneur still has her stockpile she saved back when everyone else was blithely using it up. She can now further mitigate the damage of the crisis by selling her stock during the worst of it, when people are most desperate for relief. She will know when this is because the price will tell her, but only if it is allowed to adjust freely. When the price is at its highest is when people need the resource the most, and those willing to pay will not waste it or hoard it. They will put it to its highest valued use.

The economy is like a big bus we are all riding in, going down a road with many twists and turns. Just as it is difficult to see into the future, it is difficult to see out the bus windows at the road ahead.

On the dashboard, we don't have a speedometer or fuel gauge. Instead we have all the prices for everything in the economy. Prices are what tell us the condition of the bus and the road. They tell us everything. Without them, we are blind.

Good times are a smooth road. Consumer prices and interest rates are low, investment returns are steady. We hit the gas and go fast. But, the road is not always straight and smooth. Sometimes there are sharp turns and rough patches. Successful entrepreneurs are the ones who can see what is coming better than everyone else. They are our navigators.

When they buy up scarce resources ahead of a crisis, they are hitting the brakes and slowing us down. When they divert resources from one area to another, they are steering us onto a smoother path. By their actions in the market, they adjust the prices on our dashboard to reflect the conditions of the road ahead, so we can prepare for, navigate and get through the inevitable difficulties we will face.

Interfering with the dashboard by imposing price floors or price caps doesn't change the conditions of the road (the number of toilet paper rolls in existence hasn't changed). All it does is distort our perception of those conditions. We think the road is still smooth--our heavy foot stomping the gas--as we crash onto a rocky dirt road at 80 miles per hour (empty shelves at the store for weeks on end).

Supply, demand and prices are laws of nature. All of this is just how things work. It isn't right or wrong in a moral sense. Price caps lead to waste, shortages and hoarding as surely as water flows downhill. The opposite--allowing prices to adjust freely--leads to conservation of scarce resources and their being put to their highest valued use. And yes, it leads to profits for the entrepreneurs who were able to correctly predict future conditions, and losses for those who weren't.

Is it fair that they should collect these profits? On the one hand, anyone could have stocked up on toilet paper, hand sanitizer and face masks at any time before the crisis, so we all had a fair chance to get the supplies cheaply. On the other hand, it just feels wrong that some should profit so much at a time when there is so much need.

Our instinct in the moment is to see the entrepreneur as a villain, greedy "price gouger". But we don't see the long chain of economic consequences the led to the situation we feel is unfair.

If it weren't for anti-price-gouging laws, the major retailers would have raised their prices long before the crisis became acute. When they saw demand outstrip supply, they would have raised prices, not by 100 fold, but gradually and long before anyone knew how serious things would have become. Late comers would have had to pay more, but at least there would be something left on the shelf.

As an entrepreneur, why take risks trying to anticipate the future if you can't reap the reward when you are right? Instead of letting instead of letting entrepreneurs--our navigators--guide us, we are punishing and vilifying them, trying to force prices to reflect a reality that simply doesn't exist.

In a crisis, more than any other time, prices must be allowed to fluctuate. To do otherwise is to blind ourselves at a time when danger and uncertainty abound. It is economic suicide.

In a crisis, there is great need, and the way to meet that need is not by pretending it's not there, by forcing prices to reflect a world where there isn't need. They way to meet the need is the same it has always been, through charity.

If the people in government want to help, the best way for the to do so is to be charitable and reduce their taxes and fees as much as possible, ideally to zero in a time of crisis. Amazon, for example, could instantly reduce the price of all crisis related necessities by 20% if they waived their fee. This would allow for more uses by more people of these scarce supplies as hoarders release their stockpiles on to the market, knowing they can get 20% more for their stock. Governments could reduce or eliminate their tax burden on high-demand, crisis-related items and all the factors that go into their production, with the same effect: a reduction in prices and expansion of supply. All of us, including the successful entrepreneurs and the wealthy for whom high prices are not a great burden, could donate to relief efforts.

These ideas are not new or untested. This is core micro economics. It has been taught for hundreds of years in universities the world over. The fact that every crisis that comes along stirs up ire against entrepreneurs indicates not that the economics is wrong, but that we have a strong visceral reaction against what we perceive to be unfairness. This is as it should be. Unfairness is wrong and the anger it stirs in us should compel us to right the wrong. Our anger itself isn't wrong, it's just misplaced.

Entrepreneurs didn't cause the prices to rise. Our reaction to a virus did that. We saw a serious threat and an uncertain future and followed our natural impulse to hoard. Because prices at major retail suppliers didn't rise, that impulse ran rampant and we cleared the shelves until there was nothing left. We ran the bus right off the road and them blamed the entrepreneurs for showing us the reality of our situation, for shaking us out of the fantasy of low prices.

All of this is not to say that entrepreneurs are high-minded public servants. They are just doing their job. Staking your money on an uncertain future is a risky business. There are big risks and big rewards. Most entrepreneurs just scrape by or lose their capital in failed ventures.

However, the ones that get it right must be allowed to keep their profits, or else no one will try and we'll all be driving blind. We need our navigators. It doesn't even matter if they know all the positive effects they are having on the rest of us and the economy as a whole. So long as they are buying low and selling high--so long as they are doing their job--they will be guiding the rest of us through the good times and the bad, down the open road and through the rough spots.

@ bc6ccd13:f53098e4

This article is slightly outside my normal writing focus. But it’s something everyone deserves to know, and take advantage of if they like. Before you click away, this isn’t a sports betting “system” or “strategy”. This is for anyone living in or near a state that has legalized online sports betting. It’s a way to take advantage of the new customer sign up bonuses these online sportsbooks give, by using free online tools to convert those bonuses into $2,000 or more in cash per person, depending on your state. It doesn’t require you to know anything whatsoever about sports, gambling, sports betting, odds, math, or anything like that. It doesn’t involve taking risks with your money. All you need is some capital (around $3-5,000 would be ideal), a smartphone, a legal sports betting state, and this guide.

Concepts and Principles

Online sports betting is now legal in 30 US states. You can check legality in your state on the map here. If you’re in a state with legal mobile betting, or close enough that you’d be willing to drive there, you can benefit from this guide.

Most states with legalized betting have multiple different sports books competing for customers. To attract new customers, many of them offer various types of bonus offers when you initially sign up. The idea is that once you sign up and place a bet, you’re likely to continue betting in the future. So the sportsbook doesn’t mind losing money on your first wager, because they’ll make it back over time. That leaves an opportunity for someone to just take the free money and leave, if they want to do that. It’s completely legal, and if you follow this guide, also risk free.

The bonuses vary in size, but are usually larger the first few months after a state legalizes online betting, since sportsbooks are competing heavily to attract the new customers to their site. But most states will have a combined $3-5,000 in bonuses available at any time across 4-8 sportsbooks. You can find the available offers in your state by searching “covers sports betting promo offers \”. For example for Maryland, we’d end up up at covers.com on a page like this.

The basic concept is that we open accounts on multiple sites, sign up for their bonus offers, then bet both sides of the same sports game but on 2 different sites. That way it doesn’t matter which team wins, we collect the free bonus money with no risk.

Actually doing it is a bit more nuanced, but I’ll explain it step by step and illustrate with plenty of screenshots to make sure you can follow along.

First, you want to find the offers for your state, and sign up for the sites with the offers you want to convert. For Maryland, if we scroll on down at covers.com, we’ll find this list of offers.

The larger offers are of course more worthwhile, so if I were in Maryland, I would first sign up for Caesars, DraftKings, BetMGM, and ESPN BET. Since you’ll also want another site to hedge your bets, I’d also sign up for FanDuel. You can download their apps, set up your accounts, and familiarize yourself with the deposit methods that are available.

Risk-Free Bets

These are the most common bonus offers you’ll find. They’ll also be called No Sweat Bets, Second Chance Bets, First Bet Insurance, Bonus Bets, First Bets, etc. Always make sure you check the details of the promotion you’re using to make sure it’s a Risk-Free Bet, and what the terms and details of the offer are. The four offers from the sites above for Maryland all fall under the category of risk-free bets.

The concept of this offer is simple: you open an account, deposit some money, and make a bet. The very first bet (MAKE SURE YOU GET THIS RIGHT) will be your risk-free bet. If you win that first bet, cool, you get the winnings from that bet and can withdraw it. If you lose your first bet, the risk-free bet kicks in, and you get a free bet deposited into your account equal to the amount of your first bet. So you basically get a do-over if you lose the first one.

Now you won’t be able to just withdraw the free bet in cash if you lose and get your money back. That would be too easy. The risk-free bet is a bet, you can only use it to bet on another game. If you win that second wager, you can withdraw your winnings. But if you don’t, you can still win by hedging your bets on a different sportsbook. That’s what I’m going to show you.

To find which games to bet on and how much to bet, you’ll need to use a different free website. Go to Crazy Ninja Odds.

Go to Settings in the top right corner, uncheck the sites you aren’t using.

Now go back to Home. Click on Risk-free bet page.

Now we need to choose an offer to convert. Let’s choose our Caesars $1,000 First Bet. We can walk through the steps first, to see which game we want to bet and how much we need to deposit.

First, starting at the top, under “Reward” we’ll enter 100%. With this offer, if we lose our first bet, we get a free bonus bet of 100% of the amount of our first bet, up to $1,000.

Next, we’ll select “Free bet (70%)”. Our free bonus bet will be convertible at about 70%, but that’s not something we need to understand right now. Just check the box and move on.

Next, open “Risk Free Bet Sportsbook” and select Caesars.

Now the page should be filled out like this.

Click “Update” at the bottom. Scroll down, and you’ll see a chart like this.

If none of this means anything to you, that’s fine. I’ll walk you through exactly what to do.

The bets are sorted by ranking from best to worst value. So we always want to choose the top bets unless we have a reason not to. In this case, we are making our risk-free bet on Caesars, and we want to hedge on the site where we aren’t trying to convert any offers, FanDuel. So we want to look at the second column on the right, Hedge Bet Sportsbook. Go down the column until you find FanDuel. In that row, the third column from the left has a “Calc” button. I’ve highlighted the button here.

Click the button. You’ll get a popup that looks like this.

So this is an NHL hockey game between the Dallas Stars and the Edmonton Oilers. If you know absolutely nothing about hockey, perfect. Neither do I. The important thing is that this shows us which wagers to place, and for how much. The left column is our Risk-Free Bet on Caesars, and the right column is our Hedge on FanDuel.

Our first decision is how much to wager. You’ll see that the Caesars wager is currently set to $100. But remember, our First Bet offer is for up to $1,000. You can wager any amount up to $1,000, but you’ll only get one shot at this offer, so if you wager less than $1,000, you won’t get the full benefit of the offer, and you’ll never be able to go back and use the rest in the future. It’s one shot. So my advice is wager $1,000, there’s no good reason not to. So we’ll change the wager amount to $1,000.

Now you can see that our risk-free bet is Edmonton Oilers -1.5 for $1,000, and our hedge bet is Dallas Stars +1.5 for $1,604.93. If you don’t know what that means, that’s fine. What you need to know is that you’ll need to deposit at least $1,000 into your Caesars account, and at least $1,604.93 into your FanDuel account. When that’s done, you can check the bets on each site to make sure the odds are accurate. They change constantly, so it’s always good to check both sites just before placing a bet.

First, we’ll open up the Caesars app and search for “Edmonton Oilers.” Sure enough, the game pops up.

Then we’ll click on that game and open it up

There are four things we want to check on each bet before placing it. I’ve highlighted them above. We have the Edmonton Oilers -1.5, odds of +196, a wager of $1,000, and a payout of $2,960. If we compare that with the correct column in our Risk-Free Bet Calculator, we’ll see that everything is correct.

Now we want to do the same for the FanDuel hedge. We’ll open the FanDuels app and search for “Dallas Stars” and find the same game against the Oilers.

Here we can see the first problem. The spread we see here is -1.5, odds of +225. Our Risk-Free Bet Calculator is asking for Dallas Stars +1.5, odds -245. So we need to select a different line. Farther down the page you’ll see “Series Alternate Handicap.” Open that, and you’ll see Dallas Stars +1.5.

This is the bet we’re looking for. But you’ll also notice that the odds are -225 instead of -245. So we can select this bet, but we need to go back to our Risk-Free Bet Calculator and change the odds to get the correct amount to bet on this line.

So go back to the calculator and change -245 to -225. You’ll see this.

As you can see, the amount of the wager has changed to $1,564.62. So we can go back to FanDuel, select Dallas Stars +1.5, odds -225, and enter our updated wager amount.

As you can see, when we add the “Wager” and the “To Win” amount, we get $2,260.01. Looking at our calculator, that’s the exact number in our “Payout” row. So these are the bets we need to make.

Now that we’ve double checked everything, we can go back and make our $1,000 bet on Caesars, and immediately go make our $1,564.62 bet on FanDuel.

Awesome!

Now what? Well, our job is done. We just wait to see which team wins. Not that it matters to us either way. But which team wins will determine our next step.

Looking at our calculator again, there are two possible outcomes.

The first outcome is the Edmonton Oilers win. In that case, our Caesars bet will payout $2,960, while our FanDuel bet will be a total loss. Here’s how we do the math on that scenario.

We start with our $2,960 Caesars balance. We subtract our $1,564.62 FanDuel bet (which was a loss). Then we subtract the $1,000 we initially deposited and wagered on Caesars. This leaves us with a profit of $395.38! Not bad for a one day return on $2,564.62, while taking no risk.

Now for the second scenario. That would be if the Dallas Stars win. In that case, our Caesars bet is a total loss. Our FanDuel bet pays our $2,260.01

So to calculate our profit here, we start with our payout of $2,260.01, subtract our wager of $1,564.62, subtract our Caesars wager of $1,000 (which was a loss), and then add 70% of our free bonus Caesars bet of $1,000, or $700 (more on that in a minute). Once again, that gives us a profit of $395.39.

Now back to the free bonus bet. Since our Caesars bet lost, we qualified for the promotional payout. If we check the Caesars app, we should see a bonus bet of $1,000 in our balance. Remember I said that you can’t just withdraw the bonus bet? This situation is where that becomes an issue. So we have to place a $1,000 wager with Caesars before we can withdraw that money. The problem with that is, what if our second wager also loses? Then we lose money on the entire process. That’s where the 70% number comes in. We’ll use a similar process when making that $1,000 wager, by hedging on a second site once again. By doing that, we’ll be guaranteed to collect around 70% of the wager, or $700. I’ll explain that in the next section.

Free Bets

This is the name for the bet we get if we lose our initial bet on a site with a Risk-Free Bet offer. This is just what it sounds like, a free bet. You can bet the amount on a game, and if you win, the winnings are your money. You’re free to withdraw that cash.

How do we ensure we still make a profit, even if our free bet loses? Well, Crazy Ninja Odds can help once again. Go back to their homepage, and this time click on Free Bets instead of Risk Free Bets. This time all we need to do is enter the sportsbook, Caesars, and click “update.” We’ll get a chart like this.

You know the drill by now. We find the first option on our Hedge Bet Sportsbook, FanDuel. This time it’s highlighted on the second row. Click “Calc.”

This is a money line bet, so it’s slightly different than the first one, but you won’t have any trouble figuring it out this time. You can check Caesars, and you’ll find the money line bet of $1,000 on the Pacers at +222, with a payout of $2,220.

Make sure you select your free bonus bet when you make the wager. If you lost your initial $1,000 deposit and didn’t deposit again, that should be your only option. It will look slightly different than this, since when you use a free bet, your payout won’t include the initial $1,000 wager, so it will read $2,220 instead of $3,220. I don’t have the free offer in my account so I can’t show you the exact screenshot, but you’ll be able to figure it out.

Then jump over to the other side of the game on FanDuel.

You’ll notice that the line is -275 instead of -270 like your calculator said. By now you know how to go back and change the odds in the calculator to get this.

Once again, you’ll want to make a $1,628 wager on the Boston Celtics at -275 to hedge your $1,000 free bonus bet on the Indiana Pacers at +222.

I could go through the math again, but you know how to do it now. You can look at the profit line and see that both outcomes will pay $592. If you remember, our initial bet used 70% of $1,000, or $700, as a bonus bet profit target. So given the odds available on this particular day, you’ll end up with just over $100 less profit if you need to convert the bonus bet than you’ll make if your first Caesars bet wins. That’s unfortunate, but just a result of games and odds available on a particular day. Getting a higher conversion rate would require more complex strategies, and this guide is long enough already.

Next Steps

Once you’ve successfully completed your initial offer, you can continue to do the same process for each additional sportsbook available in your state. And as you work through the offers on one site, you can then use that site to hedge the next site you sign up for.

There are a few things to keep in mind. Your free bonus bets are usually time limited. That means if your first bet loses, you often have as little as 7 days to use the free bonus bet before it disappears. So make sure you stay on top of your offers and play them before they expire. If you aren’t sure whether you qualify for a specific promotional offer, reach out to customer support before placing any bets. They’ll be able to explain exactly which offers you qualify for and how to access them.

Once you sign up and start betting, you’ll likely start getting more offers in the apps. They might be free bets, in which case you already know how to play them. But there are other offers as well, some of which you can do in a risk free way. If this guide gets enough interest, I may write more about how to handle other types of offers.

These offers will be available once to each person. So you can play them once, and that’s it. But you can also help each member of your family or close friends sign up and show them how to play the offers, or do it for them. Just be careful with your money management, since there will be a significant capital investment up front. If you’re putting up the capital, make sure it’s someone you fully trust with control of that money.

If there’s enough interest, I may also put together a guide on how you can do this with family members or friends who live anywhere, even if they’re not in a state with legal sports betting.

Most of all, be safe, don’t tie up capital you need for your daily life, and make sure you understand each offer and how to exploit it before placing any wagers.

If you have any questions, feel free to reach out to me and I’ll do my best to help you in any way I can.

Best of luck!

@ 21335073:a244b1ad

Please respect Virginia Giuffre’s memory by refraining from asking about the circumstances or theories surrounding her passing.

Since Virginia Giuffre’s death, I’ve reflected on what she would want me to say or do. This piece is my attempt to honor her legacy.

When I first spoke with Virginia, I was struck by her unshakable hope. I had grown cynical after years in the anti-human trafficking movement, worn down by a broken system and a government that often seemed complicit. But Virginia’s passion, creativity, and belief that survivors could be heard reignited something in me. She reminded me of my younger, more hopeful self. Instead of warning her about the challenges ahead, I let her dream big, unburdened by my own disillusionment. That conversation changed me for the better, and following her lead led to meaningful progress.

Virginia was one of the bravest people I’ve ever known. As a survivor of Epstein, Maxwell, and their co-conspirators, she risked everything to speak out, taking on some of the world’s most powerful figures.

She loved when I said, “Epstein isn’t the only Epstein.” This wasn’t just about one man—it was a call to hold all abusers accountable and to ensure survivors find hope and healing.

The Epstein case often gets reduced to sensational details about the elite, but that misses the bigger picture. Yes, we should be holding all of the co-conspirators accountable, we must listen to the survivors’ stories. Their experiences reveal how predators exploit vulnerabilities, offering lessons to prevent future victims.

You’re not powerless in this fight. Educate yourself about trafficking and abuse—online and offline—and take steps to protect those around you. Supporting survivors starts with small, meaningful actions. Free online resources can guide you in being a safe, supportive presence.

When high-profile accusations arise, resist snap judgments. Instead of dismissing survivors as “crazy,” pause to consider the trauma they may be navigating. Speaking out or coping with abuse is never easy. You don’t have to believe every claim, but you can refrain from attacking accusers online.

Society also fails at providing aftercare for survivors. The government, often part of the problem, won’t solve this. It’s up to us. Prevention is critical, but when abuse occurs, step up for your loved ones and community. Protect the vulnerable. it’s a challenging but a rewarding journey.

If you’re contributing to Nostr, you’re helping build a censorship resistant platform where survivors can share their stories freely, no matter how powerful their abusers are. Their voices can endure here, offering strength and hope to others. This gives me great hope for the future.

Virginia Giuffre’s courage was a gift to the world. It was an honor to know and serve her. She will be deeply missed. My hope is that her story inspires others to take on the powerful.

@ a008def1:57a3564d

A Vision for #GitViaNostr

Git has long been the standard for version control in software development, but over time, we has lost its distributed nature. Originally, Git used open, permissionless email for collaboration, which worked well at scale. However, the rise of GitHub and its centralized pull request (PR) model has shifted the landscape.

Now, we have the opportunity to revive Git's permissionless and distributed nature through Nostr!

We’ve developed tools to facilitate Git collaboration via Nostr, but there are still significant friction that prevents widespread adoption. This article outlines a vision for how we can reduce those barriers and encourage more repositories to embrace this approach.

First, we’ll review our progress so far. Then, we’ll propose a guiding philosophy for our next steps. Finally, we’ll discuss a vision to tackle specific challenges, mainly relating to the role of the Git server and CI/CD.

I am the lead maintainer of ngit and gitworkshop.dev, and I’ve been fortunate to work full-time on this initiative for the past two years, thanks to an OpenSats grant.

How Far We’ve Come

The aim of #GitViaNostr is to liberate discussions around code collaboration from permissioned walled gardens. At the core of this collaboration is the process of proposing and applying changes. That's what we focused on first.

Since Nostr shares characteristics with email, and with NIP34, we’ve adopted similar primitives to those used in the patches-over-email workflow. This is because of their simplicity and that they don’t require contributors to host anything, which adds reliability and makes participation more accessible.

However, the fork-branch-PR-merge workflow is the only model many developers have known, and changing established workflows can be challenging. To address this, we developed a new workflow that balances familiarity, user experience, and alignment with the Nostr protocol: the branch-PR-merge model.

This model is implemented in ngit, which includes a Git plugin that allows users to engage without needing to learn new commands. Additionally, gitworkshop.dev offers a GitHub-like interface for interacting with PRs and issues. We encourage you to try them out using the quick start guide and share your feedback. You can also explore PRs and issues with gitplaza.

For those who prefer the patches-over-email workflow, you can still use that approach with Nostr through gitstr or the ngit send and ngit list commands, and explore patches with patch34.

The tools are now available to support the core collaboration challenge, but we are still at the beginning of the adoption curve.

Before we dive into the challenges—such as why the Git server setup can be jarring and the possibilities surrounding CI/CD—let’s take a moment to reflect on how we should approach the challenges ahead of us.

Philosophy

Here are some foundational principles I shared a few years ago:

• Let Git be Git
• Let Nostr be Nostr
• Learn from the successes of others

I’d like to add one more:

• Embrace anarchy and resist monolithic development.

Micro Clients FTW

Nostr celebrates simplicity, and we should strive to maintain that. Monolithic developments often lead to unnecessary complexity. Projects like gitworkshop.dev, which aim to cover various aspects of the code collaboration experience, should not stifle innovation.

Just yesterday, the launch of following.space demonstrated how vibe-coded micro clients can make a significant impact. They can be valuable on their own, shape the ecosystem, and help push large and widely used clients to implement features and ideas.

The primitives in NIP34 are straightforward, and if there are any barriers preventing the vibe-coding of a #GitViaNostr app in an afternoon, we should work to eliminate them.

Micro clients should lead the way and explore new workflows, experiences, and models of thinking.

Take kanbanstr.com. It provides excellent project management and organization features that work seamlessly with NIP34 primitives.

From kanban to code snippets, from CI/CD runners to SatShoot—may a thousand flowers bloom, and a thousand more after them.

Friction and Challenges

The Git Server

In #GitViaNostr, maintainers' branches (e.g., master) are hosted on a Git server. Here’s why this approach is beneficial:

• Follows the original Git vision and the "let Git be Git" philosophy.
• Super efficient, battle-tested, and compatible with all the ways people use Git (e.g., LFS, shallow cloning).
• Maintains compatibility with related systems without the need for plugins (e.g., for build and deployment).
• Only repository maintainers need write access.

In the original Git model, all users would need to add the Git server as a 'git remote.' However, with ngit, the Git server is hidden behind a Nostr remote, which enables:

• Hiding complexity from contributors and users, so that only maintainers need to know about the Git server component to start using #GitViaNostr.
• Maintainers can easily swap Git servers by updating their announcement event, allowing contributors/users using ngit to automatically switch to the new one.

Challenges with the Git Server

While the Git server model has its advantages, it also presents several challenges:

1. Initial Setup: When creating a new repository, maintainers must select a Git server, which can be a jarring experience. Most options come with bloated social collaboration features tied to a centralized PR model, often difficult or impossible to disable.

2. Manual Configuration: New repositories require manual configuration, including adding new maintainers through a browser UI, which can be cumbersome and time-consuming.

3. User Onboarding: Many Git servers require email sign-up or KYC (Know Your Customer) processes, which can be a significant turn-off for new users exploring a decentralized and permissionless alternative to GitHub.

Once the initial setup is complete, the system works well if a reliable Git server is chosen. However, this is a significant "if," as we have become accustomed to the excellent uptime and reliability of GitHub. Even professionally run alternatives like Codeberg can experience downtime, which is frustrating when CI/CD and deployment processes are affected. This problem is exacerbated when self-hosting.

Currently, most repositories on Nostr rely on GitHub as the Git server. While maintainers can change servers without disrupting their contributors, this reliance on a centralized service is not the decentralized dream we aspire to achieve.

Vision for the Git Server

The goal is to transform the Git server from a single point of truth and failure into a component similar to a Nostr relay.

Functionality Already in ngit to Support This

1. State on Nostr: Store the state of branches and tags in a Nostr event, removing reliance on a single server. This validates that the data received has been signed by the maintainer, significantly reducing the trust requirement.

2. Proxy to Multiple Git Servers: Proxy requests to all servers listed in the announcement event, adding redundancy and eliminating the need for any one server to match GitHub's reliability.

Implementation Requirements

To achieve this vision, the Nostr Git server implementation should:

1. Implement the Git Smart HTTP Protocol without authentication (no SSH) and only accept pushes if the reference tip matches the latest state event.

2. Avoid Bloat: There should be no user authentication, no database, no web UI, and no unnecessary features.

3. Automatic Repository Management: Accept or reject new repositories automatically upon the first push based on the content of the repository announcement event referenced in the URL path and its author.

Just as there are many free, paid, and self-hosted relays, there will be a variety of free, zero-step signup options, as well as self-hosted and paid solutions.

Some servers may use a Web of Trust (WoT) to filter out spam, while others might impose bandwidth or repository size limits for free tiers or whitelist specific npubs.

Additionally, some implementations could bundle relay and blossom server functionalities to unify the provision of repository data into a single service. These would likely only accept content related to the stored repositories rather than general social nostr content.

The potential role of CI / CD via nostr DVMs could create the incentives for a market of highly reliable free at the point of use git servers.

This could make onboarding #GitViaNostr repositories as easy as entering a name and selecting from a multi-select list of Git server providers that announce via NIP89.

!(image)[https://image.nostr.build/badedc822995eb18b6d3c4bff0743b12b2e5ac018845ba498ce4aab0727caf6c.jpg]

Git Client in the Browser

Currently, many tasks are performed on a Git server web UI, such as:

• Browsing code, commits, branches, tags, etc.
• Creating and displaying permalinks to specific lines in commits.
• Merging PRs.
• Making small commits and PRs on-the-fly.

Just as nobody goes to the web UI of a relay (e.g., nos.lol) to interact with notes, nobody should need to go to a Git server to interact with repositories. We use the Nostr protocol to interact with Nostr relays, and we should use the Git protocol to interact with Git servers. This situation has evolved due to the centralization of Git servers. Instead of being restricted to the view and experience designed by the server operator, users should be able to choose the user experience that works best for them from a range of clients. To facilitate this, we need a library that lowers the barrier to entry for creating these experiences. This library should not require a full clone of every repository and should not depend on proprietary APIs. As a starting point, I propose wrapping the WASM-compiled gitlib2 library for the web and creating useful functions, such as showing a file, which utilizes clever flags to minimize bandwidth usage (e.g., shallow clone, noblob, etc.).

This approach would not only enhance clients like gitworkshop.dev but also bring forth a vision where Git servers simply run the Git protocol, making vibe coding Git experiences even better.

song

nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 created song with a complementary vision that has shaped how I see the role of the git server. Its a self-hosted, nostr-permissioned git server with a relay baked in. Its currently a WIP and there are some compatability with ngit that we need to work out.

We collaborated on the nostr-permissioning approach now reflected in nip34.

I'm really excited to see how this space evolves.

CI/CD

Most projects require CI/CD, and while this is often bundled with Git hosting solutions, it is currently not smoothly integrated into #GitViaNostr yet. There are many loosely coupled options, such as Jenkins, Travis, CircleCI, etc., that could be integrated with Nostr.

However, the more exciting prospect is to use DVMs (Data Vending Machines).

DVMs for CI/CD

Nostr Data Vending Machines (DVMs) can provide a marketplace of CI/CD task runners with Cashu for micro payments.

There are various trust levels in CI/CD tasks:

• Tasks with no secrets eg. tests.
• Tasks using updatable secrets eg. API keys.
• Unverifiable builds and steps that sign with Android, Nostr, or PGP keys.

DVMs allow tasks to be kicked off with specific providers using a Cashu token as payment.

It might be suitable for some high-compute and easily verifiable tasks to be run by the cheapest available providers. Medium trust tasks could be run by providers with a good reputation, while high trust tasks could be run on self-hosted runners.

Job requests, status, and results all get published to Nostr for display in Git-focused Nostr clients.

Jobs could be triggered manually, or self-hosted runners could be configured to watch a Nostr repository and kick off jobs using their own runners without payment.

But I'm most excited about the prospect of Watcher Agents.

CI/CD Watcher Agents

AI agents empowered with a NIP60 Cashu wallet can run tasks based on activity, such as a push to master or a new PR, using the most suitable available DVM runner that meets the user's criteria. To keep them running, anyone could top up their NIP60 Cashu wallet; otherwise, the watcher turns off when the funds run out. It could be users, maintainers, or anyone interested in helping the project who could top up the Watcher Agent's balance.

As aluded to earlier, part of building a reputation as a CI/CD provider could involve running reliable hosting (Git server, relay, and blossom server) for all FOSS Nostr Git repositories.

This provides a sustainable revenue model for hosting providers and creates incentives for many free-at-the-point-of-use hosting providers. This, in turn, would allow one-click Nostr repository creation workflows, instantly hosted by many different providers.

Progress to Date

nostr:npub1hw6amg8p24ne08c9gdq8hhpqx0t0pwanpae9z25crn7m9uy7yarse465gr and nostr:npub16ux4qzg4qjue95vr3q327fzata4n594c9kgh4jmeyn80v8k54nhqg6lra7 have been working on a runner that uses GitHub Actions YAML syntax (using act) for the dvm-cicd-runner and takes Cashu payment. You can see example runs on GitWorkshop. It currently takes testnuts, doesn't give any change, and the schema will likely change.

Note: The actions tab on GitWorkshop is currently available on all repositories if you turn on experimental mode (under settings in the user menu).

It's a work in progress, and we expect the format and schema to evolve.

Easy Web App Deployment

For those disapointed not to find a 'Nostr' button to import a git repository to Vercel menu: take heart, they made it easy. vercel.com_import_options.png there is a vercel cli that can be easily called in CI / CD jobs to kick of deployments. Not all managed solutions for web app deployment (eg. netlify) make it that easy.

Many More Opportunities

Large Patches via Blossom

I would be remiss not to mention the large patch problem. Some patches are too big to fit into Nostr events. Blossom is perfect for this, as it allows these larger patches to be included in a blossom file and referenced in a new patch kind.

Enhancing the #GitViaNostr Experience

Beyond the large patch issue, there are numerous opportunities to enhance the #GitViaNostr ecosystem. We can focus on improving browsing, discovery, social and notifications. Receiving notifications on daily driver Nostr apps is one of the killer features of Nostr. However, we must ensure that Git-related notifications are easily reviewable, so we don’t miss any critical updates.

We need to develop tools that cater to our curiosity—tools that enable us to discover and follow projects, engage in discussions that pique our interest, and stay informed about developments relevant to our work.

Additionally, we should not overlook the importance of robust search capabilities and tools that facilitate migrations.

Concluding Thoughts

The design space is vast. Its an exciting time to be working on freedom tech. I encourage everyone to contribute their ideas and creativity and get vibe-coding!

I welcome your honest feedback on this vision and any suggestions you might have. Your insights are invaluable as we collaborate to shape the future of #GitViaNostr. Onward.

Contributions

To conclude, I want to acknowledge some the individuals who have made recent code contributions related to #GitViaNostr:

nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 (gitstr, song, patch34), nostr:npub1useke4f9maul5nf67dj0m9sq6jcsmnjzzk4ycvldwl4qss35fvgqjdk5ks (gitplaza)

nostr:npub1elta7cneng3w8p9y4dw633qzdjr4kyvaparuyuttyrx6e8xp7xnq32cume (ngit contributions, git-remote-blossom),nostr:npub16p8v7varqwjes5hak6q7mz6pygqm4pwc6gve4mrned3xs8tz42gq7kfhdw (SatShoot, Flotilla-Budabit), nostr:npub1ehhfg09mr8z34wz85ek46a6rww4f7c7jsujxhdvmpqnl5hnrwsqq2szjqv (Flotilla-Budabit, Nostr Git Extension), nostr:npub1ahaz04ya9tehace3uy39hdhdryfvdkve9qdndkqp3tvehs6h8s5slq45hy (gnostr and experiments), and others.

nostr:npub1uplxcy63up7gx7cladkrvfqh834n7ylyp46l3e8t660l7peec8rsd2sfek (git-remote-nostr)

Project Management nostr:npub1ltx67888tz7lqnxlrg06x234vjnq349tcfyp52r0lstclp548mcqnuz40t (kanbanstr) Code Snippets nostr:npub1ygzj9skr9val9yqxkf67yf9jshtyhvvl0x76jp5er09nsc0p3j6qr260k2 (nodebin.io) nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac (snipsnip.dev)

CI / CD nostr:npub16ux4qzg4qjue95vr3q327fzata4n594c9kgh4jmeyn80v8k54nhqg6lra7 nostr:npub1hw6amg8p24ne08c9gdq8hhpqx0t0pwanpae9z25crn7m9uy7yarse465gr

and for their nostr:npub1c03rad0r6q833vh57kyd3ndu2jry30nkr0wepqfpsm05vq7he25slryrnw nostr:npub1qqqqqq2stely3ynsgm5mh2nj3v0nk5gjyl3zqrzh34hxhvx806usxmln03 and nostr:npub1l5sga6xg72phsz5422ykujprejwud075ggrr3z2hwyrfgr7eylqstegx9z for their testing, feedback, ideas and encouragement.

Thank you for your support and collaboration! Let me know if I've missed you.

@ bc6ccd13:f53098e4

The credit/debt fiat money system is broken. If you haven’t been living under a rock, I’m sure you’re aware that something is really messed up in the financial system. Hopefully you’re at least somewhat aware of the reasons why and are placing blame squarely on the structure of the monetary system and not on politics or “capitalism” or “socialism” or corporations or billionaires or any of the other red herrings the bankers desperately hope to distract you with.

If you’re still obsessing over any of those things, that’s okay too, and you’re the reason I started this newsletter. It’s impossible to make good decisions without understanding the relevant information, and when it comes to money, almost no one understands the relevant information. My goal is to change that for as many people as I can reach, to grow the small group of people who are knowledgeable and empowered to make better decisions on money and finance.

Previous articles have been focused on economic theory and how money works at a conceptual level. That’s critically important to understand, and if you haven’t taken the time to read those articles, I know it will open your eyes to the world in a way you’ve never considered before. That understanding will give you a huge advantage in benefiting from what I’m about to describe. But today’s subject is strictly practical, actionable information on one specific financial instrument, and how you can use it to game the broken money system to benefit YOU.

Money Is Not Scarce

If you read my previous articles, you’ll understand that one of the biggest problems with the credit/debt money system is that money is not scarce in this system. In fact, the quantity of money is basically unlimited. That’s because money is created by banks every time they make a loan. Unlike everything you’ve ever thought, banks don’t lend out money that’s given to them by depositors. They create new money, out of thin air, with a computer keystroke, every time they make a new loan. That means in practical terms that the amount of money is only limited by the willingness of banks to make loans. And since banks profit by charging interest to loan out money they can create at zero cost, they’re incentivized to make a LOT of loans.

Now as you can easily see, things that aren’t scarce don’t have a lot of value. The less scarce and more easily available something is, the less valuable it becomes. If you and a friend were standing on the shore of Lake Michigan and you reached down and scooped up a cup full of water, turned to your friend, and said “I’ll trade you this cup of water for your Rolex watch,” he’d look at you like you lost your mind. And rightly so, since a cup of water on the shore of a giant lake is so abundant and easily accessible that it has no value compared to a Rolex watch, which are deliberately produced in very limited amounts to increase their scarcity and value.

The difference between money and the water in that example is that money is not scarce, but it is selectively scarce. If you’re a bank, you have access to as much money as you choose to loan out, at zero cost. On the other hand, if you aren’t a bank, money is only available if the bank decides to create some and loan it to you, or you work hard to earn money someone else already has.

This selective scarcity of money is the root cause of the massive wealth inequality we see today. Money is essential to survive in the modern economy, but access to that money is very unevenly distributed.

So how does this benefit certain people? You might be thinking, but don’t borrowers have to pay the loan back with interest? Of course it’s easy to see how the banks benefit, but plenty of wealthy people are not bankers. And that’s a good point. Here’s how.

Because of the incentives banks have to make loans, the amount of money in circulation tends to keep rising exponentially. The amount of most real goods in the economy, however, typically doesn’t rise as fast. When you have more money circulating in the economy without more goods available, the prices people are willing to pay for those goods will go up. That means prices of some scarce goods rise very consistently over time. Those with access to newly created money in the form of loans benefit by using that money to buy assets that are more scarce than the money they borrowed to buy the asset. So they may buy an asset for $1 million, but by the time the loan is due to be repaid, the continuous inflation caused by the increasing money supply might have pushed the price of that asset up to $1.5 million. So subtract the interest paid from $500,000, and there’s your profit, all for doing nothing but convincing a banker to create some money and let you borrow it. The concept that those closest to the source of new money will benefit the most, because they can buy things before the prices rise, is called the Cantillon effect.

Benefitting from the Cantillon Effect

So how can you benefit? You can see that borrowing a bunch of money and buying a good asset with it would be the perfect way to take advantage of the Cantillon effect. But the problem for most people is, if they go to the bank and ask to borrow a few hundred thousand dollars, they’ll be declined in a millisecond. If you’re not already wealthy, you’re going to have a really tough time getting a big loan at a low interest rate, which is what it takes to make this system work in your favor. Most people only have access to loans in the form of a credit card or personal loan, which will be for a small amount and a very high interest rate. That’s not helpful. Luckily there’s one exception, one way almost anyone can borrow a big chunk of money at a low interest rate, and buy an asset that will increase in price over time as the money supply grows: a mortgage.

If you have the income and credit to support a mortgage payment, it can be a great way to take advantage of the broken monetary system to accumulate some long term wealth. However, there are a few caveats and some simple tricks that can make all the difference.

First, while the constant demand for houses fueled by easy access to newly created money means house prices tend to rise consistently over time, there are no guarantees. The housing market often has periods of boom and bust, and falling prices can last for years. Borrowing is always risky, and you shouldn’t take a risk you don’t understand or aren’t comfortable with. While no one can time the housing market, it’s always good to at least be aware that the housing market does rise and fall in cycles, and try to avoid buying when all signs point to housing being extremely overpriced.

Second, just because houses are rising in price doesn’t mean they’re rising in value. It’s a simple concept, but one most people miss. Like Warren Buffet says, price is what you pay, value is what you get. If you buy a house today for $400,000, and in 10 years that same house sells for $700,000, how much did the value of the house change? The price went up, but the house is still the same house in the same location, it’s just a decade older. And a decade of wear and tear is a decrease in value, not an increase. Think of it this way. You can sell for $700,000 and you have $300,000 of “profit”. But if you want the same house back, you can’t buy it for $400,000 again and pocket the $300,000. You can only get the same house back for the full price you received. You haven’t increased your purchasing power at all in terms of housing with that “profit”. Your house hasn’t become more valuable, your money has just become less valuable when measured against houses. In that sense, you probably can’t increase your purchasing power by buying a house to live in, but you can at least avoid losing purchasing power. If you just save money in the bank to buy a house later, house prices will probably rise faster than you can save. That’s especially true if you’re paying rent at the same time. At least with a mortgage, if you pay long enough you own a house eventually. You can pay rent your whole life and you’ll still own nothing at the end.

Understanding Amortization

The key to making a mortgage work for you is to understand and manipulate the amount of principal and interest you pay over the term of the loan. To do this, you need to understand how a mortgage amortization schedule works. An amortization schedule is basically a big chart of your mortgage payments each month, showing how much of each payment is applied to paying down the principal and how much is paying interest. The payment size is the same each month, but the amount of principal and interest varies over the term of the loan, and that’s key to understanding how to manipulate the system.

To understand amortization, you need a good amortization calculator. There are plenty of different ones available online, but I’m going to use the one here to illustrate. In this example, I’m going to arbitrarily choose a mortgage size of $500,000 and an interest rate of 7%, but you can of course use your own numbers. When we enter this into the calculator with a loan term of 30 years and click “calculate”, we get something that looks like this.

You can see the monthly payment of $3,326.51, and the total payments over 30 years of almost $1.2 million, almost $700,000 of which is interest. So you end up paying more in interest than the total amount of principal you borrowed. Gulp.

That seems terrible, and it is. But this is where understanding the amortization schedule, that scary looking chart to the left, is going to pay big dividends. First, change the amortization schedule from an annual schedule to a monthly schedule. You’ll see something that looks like this.

So now for each month, you can see how much of the payment is interest, how much is principal, and how much of your original $500,000 balance is still outstanding. As you can see in month one, you’re paying over $2,900 in interest and only $400 in principal, leaving you with a balance of $499,590.15. The reason the interest is so high initially is that you have to pay interest on the full principal balance. As the principal gets paid down, you are now paying interest on a smaller balance. If you scroll down to year 29, you’ll see the opposite situation. In month 338 you’ll pay $2,900 of principal and only $400 of interest. That’s because you’re now paying interest on a balance of only $68,000 instead of $500,000.

As you can see, getting into the later years of the mortgage is a much better situation than paying huge amounts of interest in the first few years. Is there a way to get closer to the end fast? Yes there is, and you may be surprised how easy it is.

Go back to the annual amortization schedule. Suppose you want to take 5 years off your mortgage. How much would it cost to do, and how much would you save in interest? There are two ways to do this, and we’ll cover both.

First, the easiest way to get 5 years off your mortgage is to move straight down the amortization schedule to year 6. How can you do that? Look at the annual amortization schedule for year 5. Your ending balance is a little over $470,000. That means to get to that point in the loan repayment schedule, you need to pay $30,000 of principal. So let’s see where a lump sum payment of $30,000 gets us. Inside the box where you entered your loan terms you’ll see a little checkbox labeled “Optional: make extra payments”. Click that box. In the “Extra one-time pay” box, enter $30,000. Click calculate. You’ll see this.

And viola, with the extra payment, the loan will be paid off in 25 years, and you’ll save $172,362 in interest. Pretty amazing results for a one-time $30,000 payment.

Of course for the sake of simplicity, that’s assuming you pay the $30,000 at the very beginning of the loan. Paying the lump sum later into the loan term will change the exact amount of the savings. You can play around with other payment sizes, or even multiple lump sum payments, and see how much each one will save.

But most of you will be thinking, “Where am I going to get $30,000? That’s never going to happen.” If that’s you, don’t worry. We can do the exact same thing a different way.

Go back to your calculator, remove the lump sum payment, and leave everything else the same, except the loan term. Change the loan term to 25 years instead of 30 years. Click calculate. Now look at just one number, the payment size. You’ll see it’s $3,533.90. Don’t worry about anything else, just note that number. Now reset to your original calculation of a 30 year term. You’ll see the payment size is back down to $3,326.51. Now get out your calculator and subtract $3,326.51 from $3,533.90. You’ll get $207.39. Go back to your “make extra payments” box and enter an “extra monthly pay” of $207.39. Click calculate.

As you can see, just by paying an extra $207 of principal every month, you’ll pay the loan off 5 years faster and save $137,379 in interest.

You’ll save a little less that way than the lump sum payment, because you’re not paying the principal down as much early in the loan. But paying an extra $200 a month is much easier for most people than accumulating thousands of dollars to make a large lump sum payment. A few hundred dollars is only about 6% of the size of this mortgage payment, so it’s really a small difference. And if you can’t afford to pay a few percent of your payment size extra each month, the mortgage is probably bigger than you can reasonably afford.

You can play around with these numbers in all kinds of ways. It’s a good way to help you think about your financial decisions, and the real impact they might have over time. Say for example, you’re considering buying a new grill for the backyard. You only grill a few times a month during the summer, and a replacement model of the basic charcoal grill you have now would be perfectly serviceable. It’s available for $119 on Amazon. But your brother-in-law just bought one of those Big Green Eggs and he keeps bragging about how amazing it is. They’re $1,950, but you can afford it, you just got a nice little bonus at work. So why not?

But before you get out the checkbook, let’s take a quick look at the mortgage calculator. Let’s see how much that extra $1,831 spent on a grill you don’t really need will actually cost you. Again, input your mortgage size, term, and interest rate, and add an extra one-time payment of $1,831.

Hopefully you’re still using that Big Green Egg in 30 years, because by that time, it will have cost you almost $13,000 in additional interest payments.

You can fill in the blank with your own discretionary purchases and see whether they’re really worth the cost. It’s just another little tool to help plan your financial decisions. It’s free to do, and can make a very significant difference in your financial well-being down the road. But almost no one takes advantage of the opportunity, so you’ll have a huge leg up on most people just by knowing this simple concept.

The Bottom Line

To take advantage of the opportunity to build wealth with a mortgage, there are only two simple rules.

1. Use a mortgage to buy a reasonably priced house that you couldn’t otherwise afford.

2. Take advantage of amortization to pay that mortgage off as fast as possible, so you pay as little interest as possible while still capturing the increase in price of the house.

If you already own a home, you can use the same concept. Take out a mortgage for whatever amount you’re comfortable with, and use the money to buy an asset that will increase in price with inflation. Choose your asset wisely, and don’t take on more debt than you can afford. But if you make good decisions, you can take advantage of the broken financial system, using this little mortgage cheat code to get the Cantillon effect on your side. The wealthy are doing it every day, so don’t miss the opportunity to lock in long-term, fixed rate debt and acquire hard assets. As the debt/credit fiat system implodes, the opportunity to do this will disappear. Take advantage of it while you can.

@ 52b4a076:e7fad8bd

I have been recently building NFDB, a new relay DB. This post is meant as a short overview.

Regular relays have challenges

Current relay software have significant challenges, which I have experienced when hosting Nostr.land: - Scalability is only supported by adding full replicas, which does not scale to large relays. - Most relays use slow databases and are not optimized for large scale usage. - Search is near-impossible to implement on standard relays. - Privacy features such as NIP-42 are lacking. - Regular DB maintenance tasks on normal relays require extended downtime. - Fault-tolerance is implemented, if any, using a load balancer, which is limited. - Personalization and advanced filtering is not possible. - Local caching is not supported.

NFDB: A scalable database for large relays

NFDB is a new database meant for medium-large scale relays, built on FoundationDB that provides: - Near-unlimited scalability - Extended fault tolerance - Instant loading - Better search - Better personalization - and more.

Search

NFDB has extended search capabilities including: - Semantic search: Search for meaning, not words. - Interest-based search: Highlight content you care about. - Multi-faceted queries: Easily filter by topic, author group, keywords, and more at the same time. - Wide support for event kinds, including users, articles, etc.

Personalization

NFDB allows significant personalization: - Customized algorithms: Be your own algorithm. - Spam filtering: Filter content to your WoT, and use advanced spam filters. - Topic mutes: Mute topics, not keywords. - Media filtering: With Nostr.build, you will be able to filter NSFW and other content - Low data mode: Block notes that use high amounts of cellular data. - and more

Other

NFDB has support for many other features such as: - NIP-42: Protect your privacy with private drafts and DMs - Microrelays: Easily deploy your own personal microrelay - Containers: Dedicated, fast storage for discoverability events such as relay lists

Calcite: A local microrelay database

Calcite is a lightweight, local version of NFDB that is meant for microrelays and caching, meant for thousands of personal microrelays.

Calcite HA is an additional layer that allows live migration and relay failover in under 30 seconds, providing higher availability compared to current relays with greater simplicity. Calcite HA is enabled in all Calcite deployments.

For zero-downtime, NFDB is recommended.

Noswhere SmartCache

Relays are fixed in one location, but users can be anywhere.

Noswhere SmartCache is a CDN for relays that dynamically caches data on edge servers closest to you, allowing: - Multiple regions around the world - Improved throughput and performance - Faster loading times

routerd

routerd is a custom load-balancer optimized for Nostr relays, integrated with SmartCache.

routerd is specifically integrated with NFDB and Calcite HA to provide fast failover and high performance.

Ending notes

NFDB is planned to be deployed to Nostr.land in the coming weeks.

A lot more is to come. 👀️️️️️️

@ 8125b911:a8400883

In Nostr, all data is stored as events. Decentralization is achieved by storing events on multiple relays, with signatures proving the ownership of these events. However, if you truly want to own your events, you should run your own relay to store them. Otherwise, if the relays you use fail or intentionally delete your events, you'll lose them forever.

For most people, running a relay is complex and costly. To solve this issue, I developed nostr-relay-tray, a relay that can be easily run on a personal computer and accessed over the internet.

Project URL: https://github.com/CodyTseng/nostr-relay-tray

This article will guide you through using nostr-relay-tray to run your own relay.

Download

Download the installation package for your operating system from the GitHub Release Page.

| Operating System | File Format | | --------------------- | ---------------------------------- | | Windows | nostr-relay-tray.Setup.x.x.x.exe | | macOS (Apple Silicon) | nostr-relay-tray-x.x.x-arm64.dmg | | macOS (Intel) | nostr-relay-tray-x.x.x.dmg | | Linux | You should know which one to use |

Installation

Since this app isn’t signed, you may encounter some obstacles during installation. Once installed, an ostrich icon will appear in the status bar. Click on the ostrich icon, and you'll see a menu where you can click the "Dashboard" option to open the relay's control panel for further configuration.

macOS Users:

• On first launch, go to "System Preferences > Security & Privacy" and click "Open Anyway."
• If you encounter a "damaged" message, run the following command in the terminal to remove the restrictions:

bash sudo xattr -rd com.apple.quarantine /Applications/nostr-relay-tray.app

Windows Users:

• On the security warning screen, click "More Info > Run Anyway."

Connecting

By default, nostr-relay-tray is only accessible locally through ws://localhost:4869/, which makes it quite limited. Therefore, we need to expose it to the internet.

In the control panel, click the "Proxy" tab and toggle the switch. You will then receive a "Public address" that you can use to access your relay from anywhere. It's that simple.

Next, add this address to your relay list and position it as high as possible in the list. Most clients prioritize connecting to relays that appear at the top of the list, and relays lower in the list are often ignored.

Restrictions

Next, we need to set up some restrictions to prevent the relay from storing events that are irrelevant to you and wasting storage space. nostr-relay-tray allows for flexible and fine-grained configuration of which events to accept, but some of this is more complex and will not be covered here. If you're interested, you can explore this further later.

For now, I'll introduce a simple and effective strategy: WoT (Web of Trust). You can enable this feature in the "WoT & PoW" tab. Before enabling, you'll need to input your pubkey.

There's another important parameter, Depth, which represents the relationship depth between you and others. Someone you follow has a depth of 1, someone they follow has a depth of 2, and so on.

• Setting this parameter to 0 means your relay will only accept your own events.
• Setting it to 1 means your relay will accept events from you and the people you follow.
• Setting it to 2 means your relay will accept events from you, the people you follow, and the people they follow.

Currently, the maximum value for this parameter is 2.

Conclusion

You've now successfully run your own relay and set a simple restriction to prevent it from storing irrelevant events.

If you encounter any issues during use, feel free to submit an issue on GitHub, and I'll respond as soon as possible.

Not your relay, not your events.

@ bc6ccd13:f53098e4

I recently listened to an episode of The Progressive Bitcoiner podcast featuring guest Scott Santens discussing the topic of universal basic income, or UBI. It was an excellent show, and I’d encourage everyone to check it out here. The hosts, Trey Walsh and Margot Paez, and their guest definitely don’t share my worldview, so it’s always interesting and challenging to hear a different perspective. I’m going to share a few salient points that stood out to me from the episode, and explain how I agree and disagree.

The concept of UBI has been around for a long time, but recently had a resurgence in popular exposure by presidential candidate Andrew Yang. The buzz died down since his campaign, but the topic is once again getting some airtime in relation to the potential labor market disruptions caused by AI. So I think it’s worth taking a look at the topic, since it will probably become a political issue again at some point.

Why Consider UBI?

When discussing a complex topic like this, I think it’s important to establish a foundational baseline of goal or purpose first. That provides an opportunity to really define a vision, and make sure that vision is fundamentally solid and valid. Otherwise it’s easy to blindly head down the path toward a destination we don’t actually want. I was a little disappointed this wasn’t discussed in more depth, but here’s what host Trey Walsh had to say on the topic of why we need UBI.

You know, we wanna assist people who need it. We wanna make sure that people have their basic needs met, especially in somewhere like the United States. People shouldn't be in poverty. There shouldn't be the homeless crisis that we're dealing with, all of these things. Right?

All that sounds well and good on the surface. Of course no one wants more poverty. That’s the quintessential strawman of collectivist politics, “I’m against poverty.” Well of course, so is every non-psychopath on the planet. The implication, of course, is that if you disagree with them in any way, you must be for poverty, and therefore a murderous and uncaring psychopath.

I reject that framing. Here’s why.

The world operates by cause and effect. Outcomes are the result of actions. People shouldn’t be in poverty, not in a perfect situation. People also shouldn’t be locked in a cage and have all their freedoms restricted. Yet we incarcerate people every day. People shouldn’t be killed. Yet we execute people regularly. And rational people are aware of and support these things, with of course disagreement on the details. Why? Because people take actions that have consequences, and sometimes those consequences can be as serious as socially enforced prison or even death.

But most consequences aren’t enforced by people in that way, they’re enforced by the laws of the universe itself. You touch the hot stove, you get burned. You jump into the deep end without knowing how to swim, you drown. You waste time being unproductive while spending too much, you fall into poverty.

So while nobody wants more poverty, the reality is that sometimes poverty is a result of choices made. You can argue how often it’s a justified consequence versus how often it’s an unfortunate outcome of tragic events outside someone’s control. But the thing is, UBI doesn’t differentiate. That’s the whole point. UBI attempts to solve the poverty “problem” by making it impossible for anyone to ever be in poverty.

This is the economic equivalent of solving the pain “problem” by injecting everyone with a dose of morphine every day. It fails to acknowledge that poverty and pain are not only problems, but often a warning that suboptimal actions were taken, and changes need to be made in the future to achieve desired outcomes. Sure, you could “solve” your pain with a shot of morphine. But it’s really just telling you to take your hand off the stove before your skin burns away, or get that nagging headache checked out to make sure it’s just allergies and not a brain tumor.

Same with poverty, it’s often just a reminder and motivator to get off the couch and do something useful, or put in more than 32 hours at work, or stop buying those cigarettes and lotto tickets when you have $10k in credit card debt and rent due tomorrow. Again, I’m not insinuating that every person in poverty makes those choices. But the idea behind UBI is that if they do, they shouldn’t feel the pain of consequences. I fundamentally disagree with that premise. I believe incentives strongly determine outcomes, and distorting natural incentives in a large-scale way like UBI does, is going to lead to some very undesirable outcomes.

Incentives

It’s not that Scott doesn’t understand incentives. He goes on to say this:

So when it comes to traditional welfare benefits, what usually happens is let's say you wanna make sure that only those in need get this assistance. So then you have some kind of test. You say, okay, if the poverty line is $12,000 per year, then we wanna make sure that we only get this assistance to those who are earning less than $12,000 a year. So that sounds like on its face, like, a good idea. Like, you just wanna make sure that it goes to people in need.

But there are a couple outcomes from that. One of them is actually something that conservatives tend to understand pretty well, which is that there's a disincentive effect from welfare. So if you only get something if you have an income under $12,000 per year, then you're essentially encouraged to keep your income below $12,000 a year in order to keep getting it.

This has been a common theme among UBI advocates. They promote UBI as a solution to the disincentive to productivity caused by traditional welfare, while denying that UBI is also a disincentive to productivity.

The typical argument is anecdotal, pointing to trials or experiences showing that UBI recipients are more likely to start a business or do something unpaid like volunteer work or additional school. But to me this isn’t a convincing argument. For one, starting a business is not an automatic net good. A lot of businesses fail. The alleged benefit of UBI is that it encourages more people to start a business in spite of the risk of failure, knowing that if it does fail they’ll still be able to survive off the UBI payment. The thing is, businesses fail because they don’t provide value. If they provide value as determined by the market, they’ll make a profit and succeed. The fact that they fail is just proof that more value was being consumed than produced, so the enterprise was a net detriment to society. So starting a business should carry significant real risk to entrepreneurs, because it carries the potential of wasting a lot of resources if it doesn’t serve a real demand in the market.

As Scott goes on to say:

Whereas with UBI, if you have a $1,000 per month at UBI and a job offers you a $1,000 per month, you've just doubled your income. And that's where the incentive comes from to work, which is also why if you look at all the pilots, all the evidence shows that work does not decrease significantly at all with basic income and actually often increases, like, with the entrepreneurship impacts. You see just a lot of people starting up their businesses. That's one of the main impacts is that even if people work less in wage labor, a lot of the impact goes to self employment and even doing something like unpaid care work or school where it makes an investment in future work or actually focusing on unpaid work that isn't recognized as work.

Again, this is just assuming that the self employment or unpaid work or school are automatically a net good. If those things aren’t bringing in enough income to justify without the UBI, what’s the basis for concluding that they’re a net benefit to society and something we want to incentivize? It all comes back to the central planning, collectivist mindset, the idea that my particular assessment of what is and isn’t valuable outweighs the opinion of every market actor as determined by what is and isn’t profitable. The fact that anecdotally some of the businesses started because of UBI are successful, doesn’t make the whole enterprise a net benefit. So to me, it’s an unconvincing argument overall.

If people are currently in poverty, of course excluding those who are actually unable to work, then the reality of poverty isn’t a strong enough incentive to change their production or consumption behavior enough to afford the basics of life. If affording basic necessities isn’t enough incentive, how will affording slightly nicer non-necessities be an incentive when UBI provides the necessities without requiring any effort at all? I’m skeptical.

Inflation

Scott lists three main objections to UBI.

So the the three primary, oppositional arguments to basic income are that people will stop working, that it will cause inflation, and that we can't afford it.

On inflation, he starts by arguing that inflation won’t be an issue because it hasn’t been in Alaska, and they have an annual dividend payment to each resident of $1-2,000 per year. Of course this is significantly less than the $1,000 or more per month he uses as a UBI example throughout the conversation. But putting that aside, his explanation for why Alaska hasn’t seen increased inflation directly contradicts his explanation for why the US as a whole has seen significant inflation recently.

And every year when the dividend sales go out, businesses actually drop their prices. They have, you know, dividend sales and they're all trying to compete over people to spend at their business instead of some other business. You know, it's just like with Christmas where you think, you know, everyone wants to spend money and you can think that, well, businesses should actually raise their prices because everyone has money to spend and they're willing to spend it now. No. They actually lower prices because of competition.

So one element of this, of course, is that competitive aspect. You know, competition does matter. And, if you raise your prices because people have more money, then your competitor could lower their prices or not raise their prices and then could actually put you out of business, because you decided to do that.

But then, talking about US inflation the past few years:

And what we didn't do, and one one of the reasons why we saw this inflation too was the result of not doing something like a windfall tax or, you know, excess inflation tax or excess profits tax. And that's the kind of tax that isn't about, you know, raising revenue. It's about just discouraging companies from seeking excess profits. You know, a bunch of what we saw with sellers inflation, which is that businesses in this environment of inflation due to lower supply and therefore costlier components, they raise their prices way beyond what they actually needed to do because why not? You know, if prices are going up anyways because they need to, might as well capture a much larger percentage of your profits by raising your prices even more. We could have discouraged that. We just didn't do that.

These types of contradictory arguments are frustrating to respond to. So which is it? Extra money doesn’t cause inflation in Alaska because businesses lower their prices to stay competitive, but when we see inflation in the US after massive stimulus payments it’s because businesses just raised their prices because why wouldn’t they? You can’t have it both ways. Either businesses respond to market incentives and charge as much as possible while still remaining competitive, or businesses just do whatever they want without regard to market incentives and the whole concept of economics is a fraud.

Earlier in the conversation Scott pointed out that UBI can increase demand for goods and services, but at the time he was using that as a potential benefit. He uses the example of a woman who used her UBI payment to start a baking business.

But the basic income meant that her entire village was full of customers, full of people that had money to actually buy her goods. And if she had gotten this in a vacuum where, you know, she just got a start up loan, would she have succeeded in a village full of people that couldn't buy her stuff? Well, arguably, she likely could have failed or at least she would have done a lot worse. But because everyone in the village had basic income too, then they were all able to buy her stuff and they loved her baked goods and that ended up leading to her income from her business being, I think it was 3 or 4 times the amount of the basic income.

Lower supply and higher demand both act to move prices up. So arguing that lower supply during the past few years was the main cause of higher prices, and UBI wouldn’t have the same effect, while simultaneously touting the increased demand as a benefit of UBI, doesn’t compute. You can’t use the effects of market forces to argue in favor of UBI, and then act like that effect doesn’t exist when you’re downplaying objections to UBI.

Overall, I remain unconvinced by the arguments made as to why UBI wouldn’t cause inflation.

Freedom and Homesteading

The podcast also touches on the empowerment UBI would provide in the job market.

But, you know, a lot what I find really fascinating about a lot of people who claim to be libertarians is that they overlook the authoritarian coercive aspect of the employer employee relationship. And it's really interesting because it's not just, you know, true freedom is not just freedom from coercion from your government. It ought to be freedom from coercion from all forms of oppression. Right? And in the job, in the workplace, and in the labor market, if you're going to be on an equal footing with the employer, you ought to have a way to say no and to exercise your right to escape that type of coercion from being forced to take a job or to take hours with wages that are not suitable for you. And what you're saying, Scott, to me, is like liberty maximization on the across the board, to create an even playing field within all all markets in a market system. You can't refuse domination without an empowered status, and that's what basic income provides.

This seems like a reasonable argument. My objection on this point would be that it once again assumes that market forces don’t work. Because in the labor market, you do have a way to say no to your employer. It’s very simple, you just quit that job and take a job elsewhere. If the pay being offered is less than the value of your work, you can offer your work to the market somewhere else and get what it’s actually worth. By definition. If you don’t think that’s true, you’re arguing that the market doesn’t work. That’s a different argument.

You could say the UBI provides the security to be able to quit your job and survive while finding a better job elsewhere. But if you’re really so undercompensated, you can easily find a better offer before quitting your current job. That’s the normal practice. And when it comes to worry about being fired, we already have generous unemployment compensation for precisely that reason. I don’t see what role UBI fills in increasing freedom in the marketplace, except to provide support and remove incentive for those who aren’t contributing sufficient value to be successful in the labor market.

UBI just shifts dependency from the incentives of the market to the choices of the state. Instead of depending on the compensation the market provides for your effort, you’re depending on the goodwill of the central planners to keep sending that check every month. Of course this provides a strong incentive to support the apparatus of the state, which is a huge unspoken benefit of UBI to those who favor increased centralized control over the economy by central planners at the state level.

Then there’s this point:

This actually leads into another libertarian argument is that we kind of remove the ability for people to live just like off the land, you know, doing their own kind of work. What we did is if you go back to, like, the enclosures, you know, you look at the common land, you know, even back in the day in the US, when everyone was, like, moving west, you could actually, with homestead grants, you could actually just claim land as yours, and it was just free. And you could actually just live off the land. That was an option. Now there is no such thing. Like, you can't just claim land as yours. It belongs to someone else.

And in this kind of situation, it's the owners of the land that have that power over you. They can say, no. You're like, if you work for me, then I will give you access to what the land provides. And is that freedom? No. Like, as soon as we enclosed the land and prevented people from actually sustaining themselves off of it with the fruit of their own, you know, enjoying the fruits of their own labor and making it so that it was the choice between the the non owners being dominated by the owners.

So the argument is that we need UBI now as a replacement for the ability to just get free land and homestead the American West. It would be amazing if there were a way to interview an 1800’s homesteader today and get their opinion on this theory. My guess is they’d laugh themselves sick. I have to conclude that people have no concept of what was involved in surviving as a homesteader, and what kind of lifestyle you could expect even if you managed to do it successfully.

Suffice to say that anyone who puts in the amount of effort today that it took to survive on a parcel of “free” land in the 1800’s, will be far wealthier than any UBI check could ever make them. Realistically, most of the people living in “poverty” today in the US have a lifestyle of ease and luxury an 1800’s homesteader couldn’t even imagine, much less achieve. It certainly wasn’t something you’d just decide to do as an easy way to get by between jobs, it was backbreaking physical labor from daylight to dark, and a lifestyle of the barest subsistence at best, and complete failure and the prospect of actual death if the weather didn’t cooperate or the grasshoppers or hail destroyed the wheat crop or the Indians attacked and destroyed your homestead or you cut your hand and got an infection or a million other things the modern “poor” never have to worry about.

Votes in the Market

The way that the markets are supposed to work and that we imagined were the reason that markets do work is that essentially, money acts as like a vote. And that, you know, if one business is doing something that you like, then you go there, you vote for that business with your dollars, and that business can continue to do business. And then a business that doesn't have any people voting for it, that goes out of business, and then a new business pops up, and then people get to vote. Do you like that business or don't you?

So that's the way that that markets work. But, of course, the kind of underlying mechanism is this vote, which is the dollar. And so we don't actually have a system where everybody can vote, but we have a system where some people can vote and they can vote, like, a lot. Like, they have, like, all kinds they have billions of ballots that they can use to vote. And, it's very disproportionate.

They go on to discuss how UBI would be beneficial by giving everyone some “votes” in the market, so the market could fill their demand.

The part that’s ignored is that these votes work both ways. In a free market, having a lot of money is a result of a lot of people “voting” to support the work and business you’re doing. Not having money is the result of people “voting” that what you’re doing isn’t valuable enough. You’re the same as the business that doesn’t have any people voting for it, which like he says, goes out of business and gets replaced by a business people are willing to support. So the UBI argument, once again, contradicts itself. How is giving free “votes” to people who haven’t provided value in the economy good, while allowing a business to fail or be forced to adapt because of a lack of market support is also good? They’re both a result of the same market forces. And if a business does a good job and gets a lot of “votes”, that’s going to result in the business owner becoming wealthy, and everything staying just as disproportionate as before. See how this is illogical? How is the market supposed to function by this “voting” system if the “votes” don’t actually mean anything because we continuously take the money away from the “vote” winners and redistribute it equally back to everyone through UBI?

One could argue that those who have a lot of money haven’t earned it by fulfilling market demands, but by corruption of the money system, regulatory capture, corporate/government collusion, etc. I completely agree, but that’s a problem of a lack of market forces, not a problem caused by market forces. The solution is to eliminate things that interfere with market forces, not to add even more market-distorting effects in the form of wealth redistribution through UBI.

Redistribution

In relation to a discussion about who should benefit from AI and tech advancements, Trey had this to say:

But, really quick with what Scott said, I think that is one of the things that I'm curious your thoughts on this. For someone to come to UBI, I think there might be one stipulation. And I think that stipulation would be what you just said, that we believe that we should live in a world where everyone is kind of a part of creating this world that has been throughout the variety of ways that are typically taken for granted. And everyone deserves a fair contribution of that, whatever that looks like. Because some people coming to the table or some folks in Bitcoin that I might disagree with on this point think, well, they didn't do x y z, so they don't deserve x y z. Right? And I can quote Marx, and they'll dismiss me and and all of this stuff. Right?

So I think that might be one condition to being open to this conversation is do we want or do we believe we should live in a world where that sort of system exists, whether you call it redistribution of some kind or whatever. I almost view it as kind of a fact of life at this point as we were talking about.

And Scott responds,

Yeah. It's funny that you mentioned redistribution again. It's definitely like a bad word. You know, we've come to the point where, you just don't say redistribution. You know that people oppose that.

And Alaska's dividend, a lot of Alaskans see this as a form of predistribution. And the way that they see that as predistribution is that because money goes directly from the government to people, you know, it doesn't first go to politicians and then to people. You know, it doesn't go to politicians for them to decide where it should go. Instead, it's distributed directly to people, and then people get to spend it in ways that whatever they wish. And that's money that the government isn't deciding for them.

So I would say that the redistribution is when it's, like, gone through the process of going through a politician. You know, it's like welfare as a form of redistribution because it's going through a politician, and the politician sets up a bureaucracy, and the bureaucracy says, this person deserves it. This person doesn't. This comes with these conditions.

So they’re well aware that people oppose wealth redistribution, and no quotes from Marx will convince them to support it. So they’re trying to reframe the word and argue that UBI isn’t redistribution, because the government doesn’t decide who deserves it and how they can use it.

But earlier in the episode, Scott said,

There's again kind of a misunderstanding of basic income, in regards to, like, yes, it's true that everyone universally receives whatever the basic income is.

And let's say it's $1200 per month is the basic income. That does not mean that everyone's disposable income has increased by $1200 per month. That depends on the taxes that have been paired with it, the welfare reforms that have been paired with it, the tax expenditure reforms. It means that there's some amount of net increase or decrease after taxes that has to be taken into account. So in a case of, like, Bill Gates, Elon Musk and, you know, the other billionaires, like, yes, they'll get the $1200 per month, but their taxes would have gone up much further than $1200 per month.

They will not see a disposable income boost. Then if you look at, you know, there's, depending on design, there's some, you know, person, that is receiving just as much in UBI as they're paying in additional new taxes. And, so let's say that person is around, $120,000 or something where they are receiving $1200 per month in EBI, but their new taxes are $1200 per month. So they are 0. They don't benefit from basic income financially, and they don't pay higher taxes either on net. Instead, they're like the you know, they experience the greater security of basic income.

They don't see a boost. And so then go below that. So everyone below that net neutral point are receiving some amount of disposable income boost. And for the middle class, that won't be $1200 per month. It'll be, you know, something like, say, $600 per month or $500 or something, on net.

And with only those earning 0, getting the full amount of net benefit.

If everyone gets the same UBI check, that doesn’t mean it’s not redistribution. Not even according to their own redefining of the word. Not if it’s paired with tax increases on the wealthy, which Scott is admitting it will be. Because if you give someone a monthly check, but then tax them for more than the amount of the check, that’s not really what we’ve been sold as UBI, is it? At the end of the day, as Scott admits, it’s the net change in disposable income that matters. If you give everyone an equal monthly check, but then raise taxes on the wealthy by more than they receive, and don’t raise taxes on the poor, what have you achieved? The net change in disposable income is identical to just raising taxes on the wealthy and redistributing it to the poor through different sized monthly checks based on income. In other words, exactly the same as every other wealth redistributing welfare program we already have.

This completely obliterates the argument that UBI won’t reduce the incentive to work like income based welfare payments do. It’s the net change in disposable income that matters. So having more of your UBI taxed away because you increased your income creates identical incentives to having your welfare payments reduced because you increased your income.

I don’t know what else to say on this. If you want to discuss whether wealth redistribution is good or bad, that’s a different conversation. If you quote Marx as a credible source, I already have a good idea how that conversation will go. But it’s intellectually dishonest to claim that UBI is anything other than the standard collectivist wealth redistribution scheme, just because you try to compartmentalize away the increased progressive taxes it’s inevitably paired with. As far as I’m concerned, this is as damning an argument against UBI as anyone could make.

Earlier in the show Scott pointed out that income taxes are not the best form of taxes. I completely agree, I think the incentives of income taxes are absolutely awful. But when it comes down to the mechanics of funding UBI, Scott seems to admit that it will be funded by higher taxes on the wealthy. Well of course, because that’s the only way to gain support for it. There are a lot fewer wealthy people than poor and middle class people, so UBI sells with the same marketing campaign every other economic proposal relies on: we’ll take money away from “the rich” and give it to you for free. Of course that’s going to be popular with voters. That doesn’t make it a good idea though. In fact, it’s exactly the type of idea that makes pure democracy an unsustainable and short-lived form of government.

Control

One of the common concerns about UBI is that is could lead to a threatening level of government control and coercion, if a large percentage of the population is dependent on the monthly UBI payment. This is addressed in the episode as well.

One of the most annoying things to me most recently is, how, like, coming out of the pandemic, you've got, like, the conspiracy crowd who have decided that basic income is, like, some kind of control mechanism tool, you know, that was created by elites and pushed by, like, the World Economic Forum or something.

And that the entire point of it is to, like, control people. And they'll even say stuff like, you know, a basic income will have conditions. And that's so frustrating to me because, I mean, definitionally speaking, a basic income can't have conditions. It's like they're afraid of welfare, and welfare has all sorts of conditions, and we know that.

But, like, the entire point of a basic income is to remove the conditions. So if it has conditions, then we haven't won basic income, and we should still keep fighting for basic income. You know, it's just if you're concerned about that, it's just all the more reason to be for actual basic income, not for fake basic income.

That sounds well and good. But building on the previous point, how can you say there are no conditions if you’re funding the UBI with progressive taxation to determine who actually gets a boost in net disposable income and who doesn’t? I already made the point that this is no different than the current welfare system and the conditions it entails.

You could argue that you’re going to fund the UBI with some other form of taxes. Maybe like Margot suggested,

And I think that solves a lot of concerns around how can we afford a UBI, how do we, you know, avoid inflating the money supply in order to provide money for everyone at this basic level? And I think that's really great because then I think about climate change, and then I think, well, we should just tax 100% of profits from all fossil fuel companies and then use that for UBI because they have truly benefited in ways using those natural resources like fossil fuels in a way that has been extremely detrimental to society and to the environment, and this is one way to pay back what is owed to everyone for the damage that has been done.

So UBI has no conditions, except that if you’re producing “fossil fuels” we’re going to tax away every bit of your profits and redistribute it through UBI? This isn’t the place to get into a whole conversation about “climate change” and the claim that using coal, oil, and natural gas “has been extremely detrimental to society and to the environment,” but suffice to say that this kind of ideological market control and manipulation is exactly what people are concerned about when they look at UBI proposals and how they might be funded.

Or even more concerning, something like Scott’s proposal:

When it comes to the environment, I also think carbon taxes make a lot of sense to do, because, again, you want to discourage people from having a large carbon footprint, and it would be hugely impactful to reducing greenhouse gas emissions to tax that. The issue is that, you know, usually so many people push against carbon taxes because, yeah, it would raise prices of stuff. You know, if you make this gasoline more expensive, then that means that also it may be more expensive to get to and from work. But now transport's more expensive, which means everything transported goes up in price, which means foods go up, which means all these other goods go up and services go up.

So it causes higher prices. But if you have a basic income component that's paired with the carbon tax, then that means that usually depending on design, about the bottom two-thirds actually end up receiving more in the basic income than, you know, they pay in this carbon tax. And, again, it depends on design. But only those at the top, those ones who have the largest carbon footprints are the ones who are paying more in taxes than getting back in basic income. That, I think, makes all the sense in the world.

So now we’re not just taxing “fossil fuel” companies, we’re all the way to the globalist wet dream: a universal carbon tax paired with UBI, so that if you use too much energy, you get taxed and have your wealth redistributed to people who use less energy, through the mechanism of a UBI system. If that isn’t government control and coercion, I don’t know what is. Again, I’m not going to debate the premise here. If you think CO2 is a real, serious threat and this level of coercion is acceptable in an attempt to “solve” it, that’s up to you. I’d just like to point out that this is exactly the outcome critics of UBI object to, and claiming UBI won’t be a control mechanism rings very hollow when you propose a system like this.

Final Thoughts

There are more points I could touch on here, but this article is long enough already. I encourage everyone to go listen to the episode yourself. Agree or disagree, this is an issue that’s going to come up again and again in the political discourse, and it’s worth understanding the mindset of supporters and proponents of UBI.

For myself, I’m opposed to the idea. I tried to address some of my main criticisms, based on views and comments taken from the episode.

The main point in favor of UBI that I could support unfortunately wasn’t addressed at all, at least not that I heard. That’s the idea that UBI could reduce waste in welfare program administration by eliminating the need to have a bunch of complex overlapping programs with massive overhead costs. Welfare reform was mentioned in passing, but what I’m talking about requires welfare elimination. It’s pretty clear that’s not on the table for most UBI proponents.

And I think the reason comes out in the redistribution and control sections: UBI is essentially just a cover story for an expansion and entrenchment of the welfare system. As described, it would be redistributive, would have conditions, would require more government control and coercion, and at the end of the day isn’t fundamentally different than the existing welfare system. If you look at the actual net changes in purchasing power, it’s the same model we already have, and not the fundamentally new and different system we’re being sold. In fact, I find it ironic that once you strip away the “same size monthly check to everyone” obfuscation and focus on net purchasing power, the UBI system that’s described doesn’t even meet the definition of “real UBI” given by the proponents themselves.

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@ 30b99916:3cc6e3fe

For all you COVID COWARDS out there perhaps you can redeem yourself by supporting America's Frontline Docters

History will show that the defeat of COVID tyranny wasn’t granted – it was won, case by case, voice by voice – and your support for America’s Frontline Doctors played an important role in this fight.  

America 2020 – our nation faced a moment of truth.  

Public health soldiers working for deep-state globalists unleashed tyranny in response to a virus - to terrorize us and dismantle our Constitution.  

When I look back on the forces arrayed against us, I’m amazed more people did NOT stand up for their rights:

_Government agencies...hospitals...universities...corporations..._

...the state acting as our “savior” ...

...and Big Tech as the enforcer...

All joined forces to impose sweeping authoritarian mandates under the banners of public health and settled science.

_They declared freedom and liberty non-essential._

_They silenced, fired, shamed, and canceled ANYONE who dared question them._

ANYONE who resisted the masking, the lockdowns, the forced mRNA injections, are HEROS.

It angers me just thinking about what happened next.

Everyday Americans lost their livelihoods.

Parents watched as their children deteriorated after being locked out of their schools.  

Doctors – some of the best in the country – were hunted down by their own licensing boards for practicing ACTUAL medicine instead of government-approved pseudoscience.  

I hate to admit it, but tyranny triumphed.

The people had surrendered so much liberty that I didn’t recognize the nation our founders had forged.  

I’m sure you didn’t either.  

But while we can’t undo the past, we can make sure we don’t repeat it. 

That is why America’s Frontline Doctors and I – with you alongside us – have been fighting back.  

And together, we’ve been doing it case by case, supporting legal challenges against these unconstitutional, totalitarian mandates.

@ 2b998b04:86727e47

I didn’t take a course on “prompt engineering.” I didn’t memorize secret formulas or chase viral hacks.

What I did do was treat it like a system.

Just like in software:

Write → Compile → Test → Debug → Repeat

With AI, the loop feels just as familiar:

Prompt → Output → Edit → Re-prompt

That’s not magic. That’s engineering.

---

When someone asked me, “How can you trust AI for anything serious?”\ I told them: “Same way we trust the internet — not because the network’s reliable, but because the protocol is.”

AI is no different. The key is building systems around it:

• Multiple models if needed

• Human-in-the-loop verification

• Layered editing and real discernment

---

It’s Not That Different From Other Engineering

Once you stop treating AI like a black box and start treating it like a tool, the whole experience changes.

The prompt isn’t a spell. It’s a spec.\ The response isn’t a prophecy. It’s a build.\ And your discernment? That’s your QA layer.

---

What I Actually Use It For

• Brainstorming titles and refining headlines

• Drafting posts that I shape and filter

• Running content through for edge cases

• Exploring theological or philosophical questions

And yes — I want it to be useful. I am building to make a living, not just to make noise. But I don’t lead with monetization. I lead with clarity — and build toward sustainability.

---

Final Thought

If you’re waiting for a course to teach you how to “do AI,” maybe just start by building something real. Test it. Edit it. Use it again. That’s engineering.

Shoutout to Dr. C (ChatGPT) for helping me articulate this.

If this post sparked anything for you, zap a few sats ⚡ — every bit helps me keep building with conviction.

@ e691f4df:1099ad65

Viewing Bitcoin Through the Light of Awakening

Ankh & Ohm Capital’s Overview of the Psycho-Spiritual Nature of Bitcoin

---

Glossary:

I. Preface: The Logos of Our Logo

II. An Oracular Introduction

III. Alchemizing Greed

IV. Layers of Fractalized Thought

V. Permissionless Individuation

VI. Dispelling Paradox Through Resonance

VII. Ego Deflation

VIII. The Coin of Great Price

Preface: The Logos of Our Logo

Before we offer our lens on Bitcoin, it’s important to illuminate the meaning behind Ankh & Ohm’s name and symbol. These elements are not ornamental—they are foundational, expressing the cosmological principles that guide our work.

Our mission is to bridge the eternal with the practical. As a Bitcoin-focused family office and consulting firm, we understand capital not as an end, but as a tool—one that, when properly aligned, becomes a vehicle for divine order. We see Bitcoin not simply as a technological innovation but as an emanation of the Divine Logos—a harmonic expression of truth, transparency, and incorruptible structure. Both the beginning and the end, the Alpha and Omega.

The Ankh (☥), an ancient symbol of eternal life, is a key to the integration of opposites. It unites spirit and matter, force and form, continuity and change. It reminds us that capital, like Life, must not only be generative, but regenerative; sacred. Money must serve Life, not siphon from it.

The Ohm (Ω) holds a dual meaning. In physics, it denotes a unit of electrical resistance—the formative tension that gives energy coherence. In the Vedic tradition, Om (ॐ) is the primordial vibration—the sound from which all existence unfolds. Together, these symbols affirm a timeless truth: resistance and resonance are both sacred instruments of the Creator.

Ankh & Ohm, then, represents our striving for union, for harmony —between the flow of life and intentional structure, between incalculable abundance and measured restraint, between the lightbulb’s electrical impulse and its light-emitting filament. We stand at the threshold where intention becomes action, and where capital is not extracted, but cultivated in rhythm with the cosmos. 

We exist to shepherd this transformation, as guides of this threshold —helping families, founders, and institutions align with a deeper order, where capital serves not as the prize, but as a pathway to collective Presence, Purpose, Peace and Prosperity.

---

An Oracular Introduction

Bitcoin is commonly understood as the first truly decentralized and secure form of digital money—a breakthrough in monetary sovereignty. But this view, while technically correct, is incomplete and spiritually shallow. Bitcoin is more than a tool for economic disruption. Bitcoin represents a mythic threshold: a symbol of the psycho-spiritual shift that many ancient traditions have long foretold.

For millennia, sages and seers have spoken of a coming Golden Age. In the Vedic Yuga cycles, in Plato’s Great Year, in the Eagle and Condor prophecies of the Americas—there exists a common thread: that humanity will emerge from darkness into a time of harmony, cooperation, and clarity. That the veil of illusion (maya, materiality) will thin, and reality will once again become transparent to the transcendent. In such an age, systems based on scarcity, deception, and centralization fall away. A new cosmology takes root—one grounded in balance, coherence, and sacred reciprocity.

But we must ask—how does such a shift happen? How do we cross from the age of scarcity, fear, and domination into one of coherence, abundance, and freedom?

One possible answer lies in the alchemy of incentive.

Bitcoin operates not just on the rules of computer science or Austrian economics, but on something far more old and subtle: the logic of transformation. It transmutes greed—a base instinct rooted in scarcity—into cooperation, transparency, and incorruptibility.

In this light, Bitcoin becomes more than code—it becomes a psychoactive protocol, one that rewires human behavior by aligning individual gain with collective integrity. It is not simply a new form of money. It is a new myth of value. A new operating system for human consciousness.

Bitcoin does not moralize. It harmonizes. It transforms the instinct for self-preservation into a pathway for planetary coherence.

---

Alchemizing Greed

At the heart of Bitcoin lies the ancient alchemical principle of transmutation: that which is base may be refined into gold.

Greed, long condemned as a vice, is not inherently evil. It is a distorted longing. A warped echo of the drive to preserve life. But in systems built on scarcity and deception, this longing calcifies into hoarding, corruption, and decay.

Bitcoin introduces a new game. A game with memory. A game that makes deception inefficient and truth profitable. It does not demand virtue—it encodes consequence. Its design does not suppress greed; it reprograms it.

In traditional models, game theory often illustrates the fragility of trust. The Prisoner’s Dilemma reveals how self-interest can sabotage collective well-being. But Bitcoin inverts this. It creates an environment where self-interest and integrity converge—where the most rational action is also the most truthful.

Its ledger, immutable and transparent, exposes manipulation for what it is: energetically wasteful and economically self-defeating. Dishonesty burns energy and yields nothing. The network punishes incoherence, not by decree, but by natural law.

This is the spiritual elegance of Bitcoin: it does not suppress greed—it transmutes it. It channels the drive for personal gain into the architecture of collective order. Miners compete not to dominate, but to validate. Nodes collaborate not through trust, but through mathematical proof.

This is not austerity. It is alchemy.

Greed, under Bitcoin, is refined. Tempered. Re-forged into a generative force—no longer parasitic, but harmonic.

---

Layers of Fractalized Thought Fragments

All living systems are layered. So is the cosmos. So is the human being. So is a musical scale.

At its foundation lies the timechain—the pulsing, incorruptible record of truth. Like the heart, it beats steadily. Every block, like a pulse, affirms its life through continuity. The difficulty adjustment—Bitcoin’s internal calibration—functions like heart rate variability, adapting to pressure while preserving coherence.

Above this base layer is the Lightning Network—a second layer facilitating rapid, efficient transactions. It is the nervous system: transmitting energy, reducing latency, enabling real-time interaction across a distributed whole.

Beyond that, emerging tools like Fedimint and Cashu function like the capillaries—bringing vitality to the extremities, to those underserved by legacy systems. They empower the unbanked, the overlooked, the forgotten. Privacy and dignity in the palms of those the old system refused to see.

And then there is NOSTR—the decentralized protocol for communication and creation. It is the throat chakra, the vocal cords of the “freedom-tech” body. It reclaims speech from the algorithmic overlords, making expression sovereign once more. It is also the reproductive system, as it enables the propagation of novel ideas and protocols in fertile, uncensorable soil.

Each layer plays its part. Not in hierarchy, but in harmony. In holarchy. Bitcoin and other open source protocols grow not through exogenous command, but through endogenous coherence. Like cells in an organism. Like a song.

Imagine the cell as a piece of glass from a shattered holographic plate —by which its perspectival, moving image can be restructured from the single shard. DNA isn’t only a logical script of base pairs, but an evolving progressive song. Its lyrics imbued with wise reflections on relationships.  The nucleus sings, the cell responds—not by command, but by memory. Life is not imposed; it is expressed. A reflection of a hidden pattern.

Bitcoin chants this. Each node, a living cell, holds the full timechain—Truth distributed, incorruptible. Remove one, and the whole remains. This isn’t redundancy. It’s a revelation on the power of protection in Truth.

Consensus is communion. Verification becomes a sacred rite—Truth made audible through math. 

Not just the signal; the song. A web of self-expression woven from Truth.

No center, yet every point alive with the whole. Like Indra’s Net, each reflects all. This is more than currency and information exchange. It is memory; a self-remembering Mind, unfolding through consensus and code. A Mind reflecting the Truth of reality at the speed of thought.

Heuristics are mental shortcuts—efficient, imperfect, alive. Like cells, they must adapt or decay. To become unbiased is to have self-balancing heuristics which carry feedback loops within them: they listen to the environment, mutate when needed, and survive by resonance with reality. Mutation is not error, but evolution. Its rules are simple, but their expression is dynamic. 

What persists is not rigidity, but pattern. 

To think clearly is not necessarily to be certain, but to dissolve doubt by listening, adjusting, and evolving thought itself.

To understand Bitcoin is simply to listen—patiently, clearly, as one would to a familiar rhythm returning.

---

Permissionless Individuation

Bitcoin is a path. One that no one can walk for you.

Said differently, it is not a passive act. It cannot be spoon-fed. Like a spiritual path, it demands initiation, effort, and the willingness to question inherited beliefs.

Because Bitcoin is permissionless, no one can be forced to adopt it. One must choose to engage it—compelled by need, interest, or intuition. Each person who embarks undergoes their own version of the hero’s journey.

Carl Jung called this process Individuation—the reconciliation of fragmented psychic elements into a coherent, mature Self. Bitcoin mirrors this: it invites individuals to confront the unconscious assumptions of the fiat paradigm, and to re-integrate their relationship to time, value, and agency.

In Western traditions—alchemy, Christianity, Kabbalah—the individual is sacred, and salvation is personal. In Eastern systems—Daoism, Buddhism, the Vedas—the self is ultimately dissolved into the cosmic whole. Bitcoin, in a paradoxical way, echoes both: it empowers the individual, while aligning them with a holistic, transcendent order.

To truly see Bitcoin is to allow something false to die. A belief. A habit. A self-concept.

In that death—a space opens for deeper connection with the Divine itSelf. 

In that dissolution, something luminous is reborn. 

After the passing, Truth becomes resurrected.  

---

Dispelling Paradox Through Resonance

There is a subtle paradox encoded into the hero’s journey: each starts in solidarity, yet the awakening affects the collective.

No one can be forced into understanding Bitcoin. Like a spiritual truth, it must be seen. And yet, once seen, it becomes nearly impossible to unsee—and easier for others to glimpse. The pattern catches.

This phenomenon mirrors the concept of morphic resonance, as proposed and empirically tested by biologist Rupert Sheldrake. Once a critical mass of individuals begins to embody a new behavior or awareness, it becomes easier—instinctive—for others to follow suit. Like the proverbial hundredth monkey who begins to wash the fruit in the sea water, and suddenly, monkeys across islands begin doing the same—without ever meeting.

When enough individuals embody a pattern, it ripples outward. Not through propaganda, but through field effect and wave propagation. It becomes accessible, instinctive, familiar—even across great distance.

Bitcoin spreads in this way. Not through centralized broadcast, but through subtle resonance. Each new node, each individual who integrates the protocol into their life, strengthens the signal for others. The protocol doesn’t shout; it hums, oscillates and vibrates——persistently, coherently, patiently.

One awakens. Another follows. The current builds. What was fringe becomes familiar. What was radical becomes obvious.

This is the sacred geometry of spiritual awakening. One awakens, another follows, and soon the fluidic current is strong enough to carry the rest. One becomes two, two become many, and eventually the many become One again. This tessellation reverberates through the human aura, not as ideology, but as perceivable pattern recognition.

Bitcoin’s most powerful marketing tool is truth. Its most compelling evangelist is reality. Its most unstoppable force is resonance.

Therefore, Bitcoin is not just financial infrastructure—it is psychic scaffolding. It is part of the subtle architecture through which new patterns of coherence ripple across the collective field. 

The training wheels from which humanity learns to embody Peace and Prosperity.

---

Ego Deflation

The process of awakening is not linear, and its beginning is rarely gentle—it usually begins with disruption, with ego inflation and destruction.

To individuate is to shape a center; to recognize peripherals and create boundaries—to say, “I am.” But without integration, the ego tilts—collapsing into void or inflating into noise. Fiat reflects this pathology: scarcity hoarded, abundance simulated. Stagnation becomes disguised as safety, and inflation masquerades as growth.

In other words, to become whole, the ego must first rise—claiming agency, autonomy, and identity. However, when left unbalanced, it inflates, or implodes. It forgets its context. It begins to consume rather than connect. And so the process must reverse: what inflates must deflate.

In the fiat paradigm, this inflation is literal. More is printed, and ethos is diluted. Savings decay. Meaning erodes. Value is abstracted. The economy becomes bloated with inaudible noise. And like the psyche that refuses to confront its own shadow, it begins to collapse under the weight of its own illusions.

But under Bitcoin, time is honored. Value is preserved. Energy is not abstracted but grounded.

Bitcoin is inherently deflationary—in both economic and spiritual senses. With a fixed supply, it reveals what is truly scarce. Not money, not status—but the finite number of heartbeats we each carry.

To see Bitcoin is to feel that limit in one’s soul. To hold Bitcoin is to feel Time’s weight again. To sense the importance of Bitcoin is to feel the value of preserved, potential energy. It is to confront the reality that what matters cannot be printed, inflated, or faked. In this way, Bitcoin gently confronts the ego—not through punishment, but through clarity.

Deflation, rightly understood, is not collapse—it is refinement. It strips away illusion, bloat, and excess. It restores the clarity of essence.

Spiritually, this is liberation.

---

The Coin of Great Price

There is an ancient parable told by a wise man:

“The kingdom of heaven is like a merchant seeking fine pearls, who, upon finding one of great price, sold all he had and bought it.”

Bitcoin is such a pearl.

But the ledger is more than a chest full of treasure. It is a key to the heart of things.

It is not just software—it is sacrament.

A symbol of what cannot be corrupted. A mirror of divine order etched into code. A map back to the sacred center.

It reflects what endures. It encodes what cannot be falsified. It remembers what we forgot: that Truth, when aligned with form, becomes Light once again.

Its design is not arbitrary. It speaks the language of life itself— 

The elliptic orbits of the planets mirrored in its cryptography,

The logarithmic spiral of the nautilus shell discloses its adoption rate,

The interconnectivity of mycelium in soil reflect the network of nodes in cyberspace, 

A webbed breadth of neurons across synaptic space fires with each new confirmed transaction.

It is geometry in devotion. Stillness in motion.

It is the Logos clothed in protocol.

What this key unlocks is beyond external riches. It is the eternal gold within us.

Clarity. Sovereignty. The unshakeable knowing that what is real cannot be taken. That what is sacred was never for sale.

Bitcoin is not the destination.

It is the Path.

And we—when we are willing to see it—are the Temple it leads back to.

@ 40b9c85f:5e61b451

Introduction

Data Vending Machines (DVMs) have emerged as a crucial component of the Nostr ecosystem, offering specialized computational services to clients across the network. As defined in NIP-90, DVMs operate on an apparently simple principle: "data in, data out." They provide a marketplace for data processing where users request specific jobs (like text translation, content recommendation, or AI text generation)

While DVMs have gained significant traction, the current specification faces challenges that hinder widespread adoption and consistent implementation. This article explores some ideas on how we can apply the reflection pattern, a well established approach in RPC systems, to address these challenges and improve the DVM ecosystem's clarity, consistency, and usability.

The Current State of DVMs: Challenges and Limitations

The NIP-90 specification provides a broad framework for DVMs, but this flexibility has led to several issues:

1. Inconsistent Implementation

As noted by hzrd149 in "DVMs were a mistake" every DVM implementation tends to expect inputs in slightly different formats, even while ostensibly following the same specification. For example, a translation request DVM might expect an event ID in one particular format, while an LLM service could expect a "prompt" input that's not even specified in NIP-90.

2. Fragmented Specifications

The DVM specification reserves a range of event kinds (5000-6000), each meant for different types of computational jobs. While creating sub-specifications for each job type is being explored as a possible solution for clarity, in a decentralized and permissionless landscape like Nostr, relying solely on specification enforcement won't be effective for creating a healthy ecosystem. A more comprehensible approach is needed that works with, rather than against, the open nature of the protocol.

3. Ambiguous API Interfaces

There's no standardized way for clients to discover what parameters a specific DVM accepts, which are required versus optional, or what output format to expect. This creates uncertainty and forces developers to rely on documentation outside the protocol itself, if such documentation exists at all.

The Reflection Pattern: A Solution from RPC Systems

The reflection pattern in RPC systems offers a compelling solution to many of these challenges. At its core, reflection enables servers to provide metadata about their available services, methods, and data types at runtime, allowing clients to dynamically discover and interact with the server's API.

In established RPC frameworks like gRPC, reflection serves as a self-describing mechanism where services expose their interface definitions and requirements. In MCP reflection is used to expose the capabilities of the server, such as tools, resources, and prompts. Clients can learn about available capabilities without prior knowledge, and systems can adapt to changes without requiring rebuilds or redeployments. This standardized introspection creates a unified way to query service metadata, making tools like grpcurl possible without requiring precompiled stubs.

How Reflection Could Transform the DVM Specification

By incorporating reflection principles into the DVM specification, we could create a more coherent and predictable ecosystem. DVMs already implement some sort of reflection through the use of 'nip90params', which allow clients to discover some parameters, constraints, and features of the DVMs, such as whether they accept encryption, nutzaps, etc. However, this approach could be expanded to provide more comprehensive self-description capabilities.

1. Defined Lifecycle Phases

Similar to the Model Context Protocol (MCP), DVMs could benefit from a clear lifecycle consisting of an initialization phase and an operation phase. During initialization, the client and DVM would negotiate capabilities and exchange metadata, with the DVM providing a JSON schema containing its input requirements. nip-89 (or other) announcements can be used to bootstrap the discovery and negotiation process by providing the input schema directly. Then, during the operation phase, the client would interact with the DVM according to the negotiated schema and parameters.

2. Schema-Based Interactions

Rather than relying on rigid specifications for each job type, DVMs could self-advertise their schemas. This would allow clients to understand which parameters are required versus optional, what type validation should occur for inputs, what output formats to expect, and what payment flows are supported. By internalizing the input schema of the DVMs they wish to consume, clients gain clarity on how to interact effectively.

3. Capability Negotiation

Capability negotiation would enable DVMs to advertise their supported features, such as encryption methods, payment options, or specialized functionalities. This would allow clients to adjust their interaction approach based on the specific capabilities of each DVM they encounter.

Implementation Approach

While building DVMCP, I realized that the RPC reflection pattern used there could be beneficial for constructing DVMs in general. Since DVMs already follow an RPC style for their operation, and reflection is a natural extension of this approach, it could significantly enhance and clarify the DVM specification.

A reflection enhanced DVM protocol could work as follows: 1. Discovery: Clients discover DVMs through existing NIP-89 application handlers, input schemas could also be advertised in nip-89 announcements, making the second step unnecessary. 2. Schema Request: Clients request the DVM's input schema for the specific job type they're interested in 3. Validation: Clients validate their request against the provided schema before submission 4. Operation: The job proceeds through the standard NIP-90 flow, but with clearer expectations on both sides

Parallels with Other Protocols

This approach has proven successful in other contexts. The Model Context Protocol (MCP) implements a similar lifecycle with capability negotiation during initialization, allowing any client to communicate with any server as long as they adhere to the base protocol. MCP and DVM protocols share fundamental similarities, both aim to expose and consume computational resources through a JSON-RPC-like interface, albeit with specific differences.

gRPC's reflection service similarly allows clients to discover service definitions at runtime, enabling generic tools to work with any gRPC service without prior knowledge. In the REST API world, OpenAPI/Swagger specifications document interfaces in a way that makes them discoverable and testable.

DVMs would benefit from adopting these patterns while maintaining the decentralized, permissionless nature of Nostr.

Conclusion

I am not attempting to rewrite the DVM specification; rather, explore some ideas that could help the ecosystem improve incrementally, reducing fragmentation and making the ecosystem more comprehensible. By allowing DVMs to self describe their interfaces, we could maintain the flexibility that makes Nostr powerful while providing the structure needed for interoperability.

For developers building DVM clients or libraries, this approach would simplify consumption by providing clear expectations about inputs and outputs. For DVM operators, it would establish a standard way to communicate their service's requirements without relying on external documentation.

I am currently developing DVMCP following these patterns. Of course, DVMs and MCP servers have different details; MCP includes capabilities such as tools, resources, and prompts on the server side, as well as 'roots' and 'sampling' on the client side, creating a bidirectional way to consume capabilities. In contrast, DVMs typically function similarly to MCP tools, where you call a DVM with an input and receive an output, with each job type representing a different categorization of the work performed.

Without further ado, I hope this article has provided some insight into the potential benefits of applying the reflection pattern to the DVM specification.

@ 3f770d65:7a745b24

I’m Derek Ross, and I’m all-in on Nostr.

I started the Grow Nostr Initiative to help more people discover what makes Nostr so powerful: ✅ You own your identity ✅ You choose your social graph and algorithms ✅ You aren't locked into any single app or platform ✅ You can post, stream, chat, and build, all without gatekeepers

What we’re doing with Grow Nostr Initiative: 🌱 Hosting local meetups and mini-conferences to onboard people face-to-face 📚 Creating educational materials and guides to demystify how Nostr works 🧩 Helping businesses and creators understand how they can plug into Nostr (running media servers, relays, and using key management tools)

I believe Nostr is the foundation of a more open internet. It’s still early, but we’re already seeing incredible apps for social, blogging, podcasting, livestreaming, and more. And the best part is that they're all interoperable, censorship-resistant, and built on open standards. Nostr is the world's largest bitcoin economy by transaction volume and I truly believe that the purple pill helps the orange pill go down. Meaning, growing Nostr will also grow Bitcoin adoption.

If you’ve been curious about Nostr or are building something on it, or let’s talk. Whether you're just getting started or you're already deep in the ecosystem, I'm here to answer questions, share what I’ve learned, and hear your ideas. Check out https://nostrapps.com to find your next social decentralized experience.

Ask Me Anything about GNI, Nostr, Bitcoin, the upcoming #NosVegas event at the Bitcoin Conference next week, etc.!

– Derek Ross 🌐 https://grownostr.org npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424

https://stacker.news/items/984689

@ b2caa9b3:9eab0fb5

Yesterday, I faced one of the most heartbreaking and frustrating experiences of my life. Between 10:00 AM and 2:00 PM, I was held at the Taveta border, denied entry into Kenya—despite having all the necessary documents, including a valid visitor’s permit and an official invitation letter.

The Kenyan Immigration officers refused to speak with me. When I asked for clarification, I was told flatly that I would never be allowed to enter Kenya unless I obtain a work permit. No other reason was given. My attempts to explain that I simply wanted to see my child were ignored. No empathy. No flexibility. No conversation. Just rejection.

While I stood there for hours, held by officials with no explanation beyond a bureaucratic wall, I recorded the experience. I now have several hours of footage documenting what happened—a silent testimony to how a system can dehumanize and block basic rights.

And the situation doesn’t end at the border.

My child, born in Kenya, is also being denied the right to see me. Germany refuses to grant her citizenship, which means she cannot visit me either. The German embassy in Nairobi refuses to assist, stating they won’t get involved. Their silence is loud.

This is not just about paperwork. This is about a child growing up without her father. It’s about a system that chooses walls over bridges, and bureaucracy over humanity. Kenya, by refusing me entry, is keeping a father away from his child. Germany, by refusing to act under §13 StGB, is complicit in that injustice.

In the coming days, I’ll share more about my past travels and how this situation unfolded. I’ll also be releasing videos and updates on TikTok—because this story needs to be heard. Not just for me, but for every parent and child caught between borders and bureaucracies.

Stay tuned—and thank you for standing with me.

@ f32184ee:6d1c17bf

Ads Fueling Freedom

Ross Ulbricht’s "Decentralize Social Media" painted a picture of a user-centric, decentralized future that transcended the limitations of platforms like the tech giants of today. Though focused on social media, his concept provided a blueprint for decentralized content systems writ large. The PROMO Protocol, designed by NextBlock while participating in Sovereign Engineering, embodies this blueprint in the realm of advertising, leveraging Nostr and Bitcoin’s Lightning Network to give individuals control, foster a multi-provider ecosystem, and ensure secure value exchange. In this way, Ulbricht’s 2021 vision can be seen as a prescient prediction of the PROMO Protocol’s structure. This is a testament to the enduring power of his ideas, now finding form in NextBlock’s innovative approach.

[Current Platform-Centric Paradigm, source: Ross Ulbricht's Decentralize Social Media]

Ulbricht’s Vision: A Decentralized Social Protocol

In his 2021 Medium article Ulbricht proposed a revolutionary vision for a decentralized social protocol (DSP) to address the inherent flaws of centralized social media platforms, such as privacy violations and inconsistent content moderation. Writing from prison, Ulbricht argued that decentralization could empower users by giving them control over their own content and the value they create, while replacing single, monolithic platforms with a competitive ecosystem of interface providers, content servers, and advertisers. Though his focus was on social media, Ulbricht’s ideas laid a conceptual foundation that strikingly predicts the structure of NextBlock’s PROMO Protocol, a decentralized advertising system built on the Nostr protocol.

[A Decentralized Social Protocol (DSP), source: Ross Ulbricht's Decentralize Social Media]

Ulbricht’s Principles

Ulbricht’s article outlines several key principles for his DSP: * User Control: Users should own their content and dictate how their data and creations generate value, rather than being subject to the whims of centralized corporations. * Decentralized Infrastructure: Instead of a single platform, multiple interface providers, content hosts, and advertisers interoperate, fostering competition and resilience. * Privacy and Autonomy: Decentralized solutions for profile management, hosting, and interactions would protect user privacy and reduce reliance on unaccountable intermediaries. * Value Creation: Users, not platforms, should capture the economic benefits of their contributions, supported by decentralized mechanisms for transactions.

These ideas were forward-thinking in 2021, envisioning a shift away from the centralized giants dominating social media at the time. While Ulbricht didn’t specifically address advertising protocols, his framework for decentralization and user empowerment extends naturally to other domains, like NextBlock’s open-source offering: the PROMO Protocol.

NextBlock’s Implementation of PROMO Protocol

The PROMO Protocol powers NextBlock's Billboard app, a decentralized advertising protocol built on Nostr, a simple, open protocol for decentralized communication. The PROMO Protocol reimagines advertising by: * Empowering People: Individuals set their own ad prices (e.g., 500 sats/minute), giving them direct control over how their attention or space is monetized. * Marketplace Dynamics: Advertisers set budgets and maximum bids, competing within a decentralized system where a 20% service fee ensures operational sustainability. * Open-Source Flexibility: As an open-source protocol, it allows multiple developers to create interfaces or apps on top of it, avoiding the single-platform bottleneck Ulbricht critiqued. * Secure Payments: Using Strike Integration with Bitcoin Lightning Network, NextBlock enables bot-resistant and intermediary-free transactions, aligning value transfer with each person's control.

This structure decentralizes advertising in a way that mirrors Ulbricht’s broader vision for social systems, with aligned principles showing a specific use case: monetizing attention on Nostr.

Aligned Principles

Ulbricht’s 2021 article didn’t explicitly predict the PROMO Protocol, but its foundational concepts align remarkably well with NextBlock's implementation the protocol’s design: * Autonomy Over Value: Ulbricht argued that users should control their content and its economic benefits. In the PROMO Protocol, people dictate ad pricing, directly capturing the value of their participation. Whether it’s their time, influence, or digital space, rather than ceding it to a centralized ad network. * Ecosystem of Providers: Ulbricht envisioned multiple providers replacing a single platform. The PROMO Protocol’s open-source nature invites a similar diversity: anyone can build interfaces or tools on top of it, creating a competitive, decentralized advertising ecosystem rather than a walled garden. * Decentralized Transactions: Ulbricht’s DSP implied decentralized mechanisms for value exchange. NextBlock delivers this through the Bitcoin Lightning Network, ensuring that payments for ads are secure, instantaneous and final, a practical realization of Ulbricht’s call for user-controlled value flows. * Privacy and Control: While Ulbricht emphasized privacy in social interactions, the PROMO Protocol is public by default. Individuals are fully aware of all data that they generate since all Nostr messages are signed. All participants interact directly via Nostr.

[Blueprint Match, source NextBlock]

---

Who We Are

NextBlock is a US-based new media company reimagining digital ads for a decentralized future. Our founders, software and strategy experts, were hobbyist podcasters struggling to promote their work online without gaming the system. That sparked an idea: using new tech like Nostr and Bitcoin to build a decentralized attention market for people who value control and businesses seeking real connections.

Our first product, Billboard, is launching this June.

Open for All

Our model’s open-source! Check out the PROMO Protocol, built for promotion and attention trading. Anyone can join this decentralized ad network. Run your own billboard or use ours. This is a growing ecosystem for a new ad economy.

Our Vision

NextBlock wants to help build a new decentralized internet. Our revolutionary and transparent business model will bring honest revenue to companies hosting valuable digital spaces. Together, we will discover what our attention is really worth.

Read our Manifesto to learn more.

NextBlock is registered in Texas, USA.

@ 9bde4214:06ca052b

"It's gonna be permissionless or hell."

Gigi and gzuuus are vibing towards dystopia.

Books & articles mentioned:

• AI 2027
• DVMs were a mistake
• Careless People by Sarah Wynn-Williams
• Takedown by Laila michelwait
• The Ultimate Resource by Julian L. Simon
• Harry Potter by J.K. Rowling
• Momo by Michael Ende

In this dialogue:

• Pablo's Roo Setup
• Tech Hype Cycles
• AI 2027
• Prompt injection and other attacks
• Goose and DVMCP
• Cursor vs Roo Code
• Staying in control thanks to Amber and signing delegation
• Is YOLO mode here to stay?
• What agents to trust?
• What MCP tools to trust?
• What code snippets to trust?
• Everyone will run into the issues of trust and micropayments
• Nostr solves Web of Trust & micropayments natively
• Minimalistic & open usually wins
• DVMCP exists thanks to Totem
• Relays as Tamagochis
• Agents aren't nostr experts, at least not right now
• Fix a mistake once & it's fixed forever
• Giving long-term memory to LLMs
• RAG Databases signed by domain experts
• Human-agent hybrids & Chess
• Nostr beating heart
• Pluggable context & experts
• "You never need an API key for anything"
• Sats and social signaling
• Difficulty-adjusted PoW as a rare-limiting mechanism
• Certificate authorities and centralization
• No solutions to policing speech!
• OAuth and how it centralized
• Login with nostr
• Closed vs open-source models
• Tiny models vs large models
• The minions protocol (Stanford paper)
• Generalist models vs specialized models
• Local compute & encrypted queries
• Blinded compute
• "In the eyes of the state, agents aren't people"
• Agents need identity and money; nostr provides both
• "It's gonna be permissionless or hell"
• We already have marketplaces for MCP stuff, code snippets, and other things
• Most great stuff came from marketplaces (browsers, games, etc)
• Zapstore shows that this is already working
• At scale, central control never works. There's plenty scams and viruses in the app stores.
• Using nostr to archive your user-generated content
• HAVEN, blossom, novia
• The switcharoo from advertisements to training data
• What is Truth?
• What is Real?
• "We're vibing into dystopia"
• Who should be the arbiter of Truth?
• First Amendment & why the Logos is sacred
• Silicon Valley AI bros arrogantly dismiss wisdom and philosophy
• Suicide rates & the meaning crisis
• Are LLMs symbiotic or parasitic?
• The Amish got it right
• Are we gonna make it?
• Careless People by Sarah Wynn-Williams
• Takedown by Laila michelwait
• Harry Potter dementors & Momo's time thieves
• Facebook & Google as non-human (superhuman) agents
• Zapping as a conscious action
• Privacy and the internet
• Plausible deniability thanks to generative models
• Google glasses, glassholes, and Meta's Ray Ben's
• People crave realness
• Bitcoin is the realest money we ever had
• Nostr allows for real and honest expression
• How do we find out what's real?
• Constraints, policing, and chilling effects
• Jesus' plans for DVMCP
• Hzrd's article on how DVMs are broken (DVMs were a mistake)
• Don't believe the hype
• DVMs pre-date MCP tools
• Data Vending Machines were supposed to be stupid: put coin in, get stuff out.
• Self-healing vibe-coding
• IP addresses as scarce assets
• Atomic swaps and the ASS protocol
• More marketplaces, less silos
• The intensity of #SovEng and the last 6 weeks
• If you can vibe-code everything, why build anything?
• Time, the ultimate resource
• What are the LLMs allowed to think?
• Natural language interfaces are inherently dialogical
• Sovereign Engineering is dialogical too

@ a39d19ec:3d88f61e

Die Debatte um Migration, Grenzsicherung und Abschiebungen wird in Deutschland meist emotional geführt. Wer fordert, dass illegale Einwanderer abgeschoben werden, sieht sich nicht selten dem Vorwurf des Rassismus ausgesetzt. Doch dieser Vorwurf ist nicht nur sachlich unbegründet, sondern verkehrt die Realität ins Gegenteil: Tatsächlich sind es gerade diejenigen, die hinter jeder Forderung nach Rechtssicherheit eine rassistische Motivation vermuten, die selbst in erster Linie nach Hautfarbe, Herkunft oder Nationalität urteilen.

Das Recht steht über Emotionen

Deutschland ist ein Rechtsstaat. Das bedeutet, dass Regeln nicht nach Bauchgefühl oder politischer Stimmungslage ausgelegt werden können, sondern auf klaren gesetzlichen Grundlagen beruhen müssen. Einer dieser Grundsätze ist in Artikel 16a des Grundgesetzes verankert. Dort heißt es:

„Auf Absatz 1 [Asylrecht] kann sich nicht berufen, wer aus einem Mitgliedstaat der Europäischen Gemeinschaften oder aus einem anderen Drittstaat einreist, in dem die Anwendung des Abkommens über die Rechtsstellung der Flüchtlinge und der Europäischen Menschenrechtskonvention sichergestellt ist.“

Das bedeutet, dass jeder, der über sichere Drittstaaten nach Deutschland einreist, keinen Anspruch auf Asyl hat. Wer dennoch bleibt, hält sich illegal im Land auf und unterliegt den geltenden Regelungen zur Rückführung. Die Forderung nach Abschiebungen ist daher nichts anderes als die Forderung nach der Einhaltung von Recht und Gesetz.

Die Umkehrung des Rassismusbegriffs

Wer einerseits behauptet, dass das deutsche Asyl- und Aufenthaltsrecht strikt durchgesetzt werden soll, und andererseits nicht nach Herkunft oder Hautfarbe unterscheidet, handelt wertneutral. Diejenigen jedoch, die in einer solchen Forderung nach Rechtsstaatlichkeit einen rassistischen Unterton sehen, projizieren ihre eigenen Denkmuster auf andere: Sie unterstellen, dass die Debatte ausschließlich entlang ethnischer, rassistischer oder nationaler Kriterien geführt wird – und genau das ist eine rassistische Denkweise.

Jemand, der illegale Einwanderung kritisiert, tut dies nicht, weil ihn die Herkunft der Menschen interessiert, sondern weil er den Rechtsstaat respektiert. Hingegen erkennt jemand, der hinter dieser Kritik Rassismus wittert, offenbar in erster Linie die „Rasse“ oder Herkunft der betreffenden Personen und reduziert sie darauf.

Finanzielle Belastung statt ideologischer Debatte

Neben der rechtlichen gibt es auch eine ökonomische Komponente. Der deutsche Wohlfahrtsstaat basiert auf einem Solidarprinzip: Die Bürger zahlen in das System ein, um sich gegenseitig in schwierigen Zeiten zu unterstützen. Dieser Wohlstand wurde über Generationen hinweg von denjenigen erarbeitet, die hier seit langem leben. Die Priorität liegt daher darauf, die vorhandenen Mittel zuerst unter denjenigen zu verteilen, die durch Steuern, Sozialabgaben und Arbeit zum Erhalt dieses Systems beitragen – nicht unter denen, die sich durch illegale Einreise und fehlende wirtschaftliche Eigenleistung in das System begeben.

Das ist keine ideologische Frage, sondern eine rein wirtschaftliche Abwägung. Ein Sozialsystem kann nur dann nachhaltig funktionieren, wenn es nicht unbegrenzt belastet wird. Würde Deutschland keine klaren Regeln zur Einwanderung und Abschiebung haben, würde dies unweigerlich zur Überlastung des Sozialstaates führen – mit negativen Konsequenzen für alle.

Sozialpatriotismus

Ein weiterer wichtiger Aspekt ist der Schutz der Arbeitsleistung jener Generationen, die Deutschland nach dem Zweiten Weltkrieg mühsam wieder aufgebaut haben. Während oft betont wird, dass die Deutschen moralisch kein Erbe aus der Zeit vor 1945 beanspruchen dürfen – außer der Verantwortung für den Holocaust –, ist es umso bedeutsamer, das neue Erbe nach 1945 zu respektieren, das auf Fleiß, Disziplin und harter Arbeit beruht. Der Wiederaufbau war eine kollektive Leistung deutscher Menschen, deren Früchte nicht bedenkenlos verteilt werden dürfen, sondern vorrangig denjenigen zugutekommen sollten, die dieses Fundament mitgeschaffen oder es über Generationen mitgetragen haben.

Rechtstaatlichkeit ist nicht verhandelbar

Wer sich für eine konsequente Abschiebepraxis ausspricht, tut dies nicht aus rassistischen Motiven, sondern aus Respekt vor der Rechtsstaatlichkeit und den wirtschaftlichen Grundlagen des Landes. Der Vorwurf des Rassismus in diesem Kontext ist daher nicht nur falsch, sondern entlarvt eine selektive Wahrnehmung nach rassistischen Merkmalen bei denjenigen, die ihn erheben.

@ da8b7de1:c0164aee

TVA SMR-építési engedélykérelem Clinch Riverben

A Tennessee Valley Authority (TVA) benyújtotta az első kis moduláris reaktor (SMR) építési engedélykérelmet az Egyesült Államokban, a Clinch River-i telephelyre. Ez a lépés mérföldkő az amerikai nukleáris ipar számára, hiszen a BWRX-300 típusú SMR-rel a TVA célja a szén-dioxid-mentes energiatermelés bővítése és az innovatív nukleáris technológia bevezetése.

ČEZ új nukleáris telephelyet jelölt ki Csehországban

A cseh ČEZ energetikai vállalat kijelölte a Tušimice-i telephelyet egy új atomerőmű számára, ahol várhatóan kis moduláris reaktorokat (SMR) telepítenek. Ez a lépés segíti az országot az energiafüggetlenség és a szénalapú energiatermelés kivezetése felé vezető úton.

Urenco USA új dúsító kaszkádot indított

Az Urenco USA New Mexicóban elindította új gázcentrifuga kaszkádját, amely 15%-kal növeli az amerikai dúsított urán kapacitást. Ez kulcsfontosságú az orosz uránimporttól való függetlenedés és az amerikai atomerőművek ellátásbiztonsága szempontjából.

Fiatal szakemberek sürgetik a nukleáris energia központi szerepét Európában

Európai fiatal nukleáris szakemberek nyílt levélben hívták fel a döntéshozók figyelmét arra, hogy a nukleáris energia kapjon központi szerepet a kontinens dekarbonizációs stratégiájában. Kiemelték a kutatás-fejlesztés, a befektetési környezet javítása és a társadalmi elfogadottság növelésének fontosságát.

Zeno Power 50 millió dolláros befektetést szerzett

Az amerikai Zeno Power startup 50 millió dolláros befektetést jelentett be nukleáris akkumulátorok fejlesztésére, amelyek extrém környezetekben – például az űrben vagy tenger alatt – biztosítanak megbízható energiát. A cég célja, hogy 2027-re kereskedelmi forgalomba hozza első rendszereit.

További globális nukleáris fejlemények

Több ország – például India, Kína, Belgium, Kanada, Brazília – is új nukleáris projekteket jelentett be, miközben a nemzetközi konferenciák az ellátási láncok megerősítését és a nukleáris kapacitások bővítését helyezik előtérbe.

---

Hivatkozások

• tva.com
• en.wikipedia.org/wiki/ČEZ_Group
• urencousa.com
• zenopower.com
• fisa-euradwaste2025.ncbj.gov.pl
• world-nuclear.org
• nucnet.org

@ 4ba8e86d:89d32de4

SISTEMA OPERACIONAL MÓVEIS

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SISTEMA OPERACIONAL DESKTOP

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PGP

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CHAT MENSAGEM

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Briar : https://njump.me/nevent1qqs8rrtgvjr499hreugetrl7adkhsj2zextyfsukq5aa7wxthrgcqcg05n434

Element Messenger : https://njump.me/nevent1qqsq05snlqtxm5cpzkshlf8n5d5rj9383vjytkvqp5gta37hpuwt4mqyccee6

Pidgin : https://njump.me/nevent1qqsz7kngycyx7meckx53xk8ahk98jkh400usrvykh480xa4ct9zlx2c2ywvx3

E-MAIL

Thunderbird: https://njump.me/nevent1qqspq64gg0nw7t60zsvea5eykgrm43paz845e4jn74muw5qzdvve7uqrkwtjh

ProtonMail : https://njump.me/nevent1qqs908glhk68e7ms8zqtlsqd00wu3prnpt08dwre26hd6e5fhqdw99cppemhxue69uhkummn9ekx7mp0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqpeyhg4z

Tutonota : https://njump.me/nevent1qqswtzh9zjxfey644qy4jsdh9465qcqd2wefx0jxa54gdckxjvkrrmqpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs5hzhkv

k-9 mail : https://njump.me/nevent1qqs200g5a603y7utjgjk320r3srurrc4r66nv93mcg0x9umrw52ku5gpr3mhxue69uhkummnw3ezuumhd9ehxtt9de5kwmtp9e3kstczyp9636rd9ktcjmwfxd7ru5qxjxyn6uch2uhas8utg8wa5hvf6vk7gqcyqqqqqqgacflak

E-MAIL-ALIÁS

Simplelogin : https://njump.me/nevent1qqsvhz5pxqpqzr2ptanqyqgsjr50v7u9lc083fvdnglhrv36rnceppcppemhxue69uhkummn9ekx7mp0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqp9gsr7m

AnonAddy : https://njump.me/nevent1qqs9mcth70mkq2z25ws634qfn7vx2mlva3tkllayxergw0s7p8d3ggcpzpmhxue69uhkummnw3ezumt0d5hsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs6mawe3

NAVEGADOR

Navegador Tor : https://njump.me/nevent1qqs06qfxy7wzqmk76l5d8vwyg6mvcye864xla5up52fy5sptcdy39lspzemhxue69uhkummnw3ezuerpw3sju6rpw4ej7q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzdp0urw

Mullvap Browser : https://njump.me/nevent1qqs2vsgc3wk09wdspv2mezltgg7nfdg97g0a0m5cmvkvr4nrfxluzfcpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqpj8h6fe

LibreWolf : https://njump.me/nevent1qqswv05mlmkcuvwhe8x3u5f0kgwzug7n2ltm68fr3j06xy9qalxwq2cpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzuv2hxr

Cromite : https://njump.me/nevent1qqs2ut83arlu735xp8jf87w5m3vykl4lv5nwkhldkqwu3l86khzzy4cpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs3dplt7

BUSCADORES

Searx : https://njump.me/nevent1qqsxyzpvgzx00n50nrlgctmy497vkm2cm8dd5pdp7fmw6uh8xnxdmaspr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqp23z7ax

APP-STORE

Obtainium : https://njump.me/nevent1qqstd8kzc5w3t2v6dgf36z0qrruufzfgnc53rj88zcjgsagj5c5k4rgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqjagapkjm9ufdhynxlp72qrfrzfawvt4wt7cr795rhw6tkyaxt0yqvzqqqqqqyarmca3

F-Droid : https://njump.me/nevent1qqst4kry49cc9g3g8s5gdnpgyk3gjte079jdnv43f0x4e85cjkxzjesymzuu4

Droid-ify : https://njump.me/nevent1qqsrr8yu9luq0gud902erdh8gw2lfunpe93uc2u6g8rh9ep7wt3v4sgpzpmhxue69uhkummnw3ezumt0d5hsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsfzu9vk

Aurora Store : https://njump.me/nevent1qqsy69kcaf0zkcg0qnu90mtk46ly3p2jplgpzgk62wzspjqjft4fpjgpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzrpmsjy

RSS

Feeder : https://njump.me/nevent1qqsy29aeggpkmrc7t3c7y7ldgda7pszl7c8hh9zux80gjzrfvlhfhwqpp4mhxue69uhkummn9ekx7mqzyp9636rd9ktcjmwfxd7ru5qxjxyn6uch2uhas8utg8wa5hvf6vk7gqcyqqqqqqgsvzzjy

VIDEOO CONFERENCIA

Jitsi meet : https://njump.me/nevent1qqswphw67hr6qmt2fpugcj77jrk7qkfdrszum7vw7n2cu6cx4r6sh4cgkderr

TECLADOS

HeliBoard : https://njump.me/nevent1qqsyqpc4d28rje03dcvshv4xserftahhpeylu2ez2jutdxwds4e8syspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsr8mel5

OpenBoard : https://njump.me/nevent1qqsf7zqkup03yysy67y43nj48q53sr6yym38es655fh9fp6nxpl7rqspzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqswcvh3r

FlorisBoard : https://njump.me/nevent1qqsf7zqkup03yysy67y43nj48q53sr6yym38es655fh9fp6nxpl7rqspzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqswcvh3r

MAPAS

Osmand : https://njump.me/nevent1qqsxryp2ywj64az7n5p6jq5tn3tx5jv05te48dtmmt3lf94ydtgy4fgpzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs54nwpj

Organic maps : https://njump.me/nevent1qqstrecuuzkw0dyusxdq7cuwju0ftskl7anx978s5dyn4pnldrkckzqpr4mhxue69uhkummnw3ezumtp0p5k6ctrd96xzer9dshx7un8qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqpl8z3kk

TRADUÇÃO

LibreTranslate : https://njump.me/nevent1qqs953g3rhf0m8jh59204uskzz56em9xdrjkelv4wnkr07huk20442cpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzeqsx40

REMOÇÃO DOS METADADOS

Scrambled Exif : https://njump.me/nevent1qqs2658t702xv66p000y4mlhnvadmdxwzzfzcjkjf7kedrclr3ej7aspyfmhxue69uhk6atvw35hqmr90pjhytngw4eh5mmwv4nhjtnhdaexcep0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqpguu0wh

ESTEGANOGRAFIA

PixelKnot: https://njump.me/nevent1qqsrh0yh9mg0lx86t5wcmhh97wm6n4v0radh6sd0554ugn354wqdj8gpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqjagapkjm9ufdhynxlp72qrfrzfawvt4wt7cr795rhw6tkyaxt0yqvzqqqqqqyuvfqdp

PERFIL DE TRABALHO

Shelter : https://njump.me/nevent1qqspv9xxkmfp40cxgjuyfsyczndzmpnl83e7gugm7480mp9zhv50wkqpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzdnu59c

PDF

MuPDF : https://njump.me/nevent1qqspn5lhe0dteys6npsrntmv2g470st8kh8p7hxxgmymqa95ejvxvfcpzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs4hvhvj

Librera Reader : https://njump.me/nevent1qqsg60flpuf00sash48fexvwxkly2j5z9wjvjrzt883t3eqng293f3cpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqz39tt3n

QR-Code

Binary Eye : https://njump.me/nevent1qqsz4n0uxxx3q5m0r42n9key3hchtwyp73hgh8l958rtmae5u2khgpgpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzdmn4wp

Climático

Breezy Weather : https://njump.me/nevent1qqs9hjz5cz0y4am3kj33xn536uq85ydva775eqrml52mtnnpe898rzspzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyp9636rd9ktcjmwfxd7ru5qxjxyn6uch2uhas8utg8wa5hvf6vk7gqcyqqqqqqgpd3tu8

ENCRYPTS

Cryptomator : https://njump.me/nevent1qqsvchvnw779m20583llgg5nlu6ph5psewetlczfac5vgw83ydmfndspzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsx7ppw9

VeraCrypt : https://njump.me/nevent1qqsf6wzedsnrgq6hjk5c4jj66dxnplqwc4ygr46l8z3gfh38q2fdlwgm65ej3

EXTENSÕES

uBlock Origin : https://njump.me/nevent1qqswaa666lcj2c4nhnea8u4agjtu4l8q89xjln0yrngj7ssh72ntwzql8ssdj

Snowflake : https://njump.me/nevent1qqs0ws74zlt8uced3p2vee9td8x7vln2mkacp8szdufvs2ed94ctnwchce008

CLOUD

Nextcloud : https://njump.me/nevent1qqs2utg5z9htegdtrnllreuhypkk2026x8a0xdsmfczg9wdl8rgrcgg9nhgnm

NOTEPAD

Joplin : https://njump.me/nevent1qqsz2a0laecpelsznser3xd0jfa6ch2vpxtkx6vm6qg24e78xttpk0cpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsyh28gd5ke0ztdeyehc0jsq6gcj0tnzatjlkql3dqamkja38fjmeqrqsqqqqqpdu0hft

Standard Notes : https://njump.me/nevent1qqsv3596kz3qung5v23cjc4cpq7rqxg08y36rmzgcrvw5whtme83y3s7tng6r

MÚSICA

RiMusic : https://njump.me/nevent1qqsv3genqav2tfjllp86ust4umxm8tr2wd9kq8x7vrjq6ssp363mn0gpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyp9636rd9ktcjmwfxd7ru5qxjxyn6uch2uhas8utg8wa5hvf6vk7gqcyqqqqqqg42353n

ViMusic : https://njump.me/nevent1qqswx78559l4jsxsrygd8kj32sch4qu57stxq0z6twwl450vp39pdqqpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzjg863j

PODCAST

AntennaPod : https://njump.me/nevent1qqsp4nh7k4a6zymfwqqdlxuz8ua6kdhvgeeh3uxf2c9rtp9u3e9ku8qnr8lmy

VISUALIZAR VIDEO

VLC : https://njump.me/nevent1qqs0lz56wtlr2eye4ajs2gzn2r0dscw4y66wezhx0mue6dffth8zugcl9laky

YOUTUBE

NewPipe : https://njump.me/nevent1qqsdg06qpcjdnlvgm4xzqdap0dgjrkjewhmh4j3v4mxdl4rjh8768mgdw9uln

FreeTube : https://njump.me/nevent1qqsz6y6z7ze5gs56s8seaws8v6m6j2zu0pxa955dhq3ythmexak38mcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqs5lkjvv

LibreTube : https://snort.social/e/nevent1qqstmd5m6wrdvn4gxf8xyhrwnlyaxmr89c9kjddvnvux6603f84t3fqpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsswwznc

COMPARTILHAMENTO DE ARQUIVOS

OnionShare : https://njump.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

Localsend : https://njump.me/nevent1qqsp8ldjhrxm09cvvcak20hrc0g8qju9f67pw7rxr2y3euyggw9284gpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzuyghqr

Wallet Bitcoin

Ashigaru Wallet : https://njump.me/nevent1qqstx9fz8kf24wgl26un8usxwsqjvuec9f8q392llmga75tw0kfarfcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyp9636rd9ktcjmwfxd7ru5qxjxyn6uch2uhas8utg8wa5hvf6vk7gqcyqqqqqqgvfsrqp

Samourai Wallet : https://njump.me/nevent1qqstcvjmz39rmrnrv7t5cl6p3x7pzj6jsspyh4s4vcwd2lugmre04ecpr9mhxue69uhkummnw3ezucn0denkymmwvuhxxmmd9upzqjagapkjm9ufdhynxlp72qrfrzfawvt4wt7cr795rhw6tkyaxt0yqvzqqqqqqy3rg4qs

CÂMERA

opencamera : https://njump.me/nevent1qqs25glp6dh0crrjutxrgdjlnx9gtqpjtrkg29hlf7382aeyjd77jlqpzpmhxue69uhkumewwd68ytnrwghsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqssxcvgc

OFFICE

Collabora Office : https://njump.me/nevent1qqs8yn4ys6adpmeu3edmf580jhc3wluvlf823cc4ft4h0uqmfzdf99qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsj40uss

TEXTOS

O manifesto de um Cypherpunk : https://njump.me/nevent1qqsd7hdlg6galn5mcuv3pm3ryfjxc4tkyph0cfqqe4du4dr4z8amqyspvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqzal0efa

Operations security ( OPSEC) : https://snort.social/e/nevent1qqsp323havh3y9nxzd4qmm60hw87tm9gjns0mtzg8y309uf9mv85cqcpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqz8ej9l7

O MANIFESTO CRIPTOANARQUISTA Timothy C. May – 1992. : https://njump.me/nevent1qqspp480wtyx2zhtwpu5gptrl8duv9rvq3mug85mp4d54qzywk3zq9gpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2q3qfw5wsmfdj7ykmjfn0sl9qp533y7hx96h9lvplz6pmhd9mzwn9hjqxpqqqqqqz5wq496

Declaração de independência do ciberespaço

• John Perry Barlow - 1996 : https://njump.me/nevent1qqs2njsy44n6p07mhgt2tnragvchasv386nf20ua5wklxqpttf6mzuqpzpmhxue69uhkummnw3ezumt0d5hsygzt4r5x6tvh39kujvmu8egqdyvf84e3w4e0mq0ckswamfwcn5eduspsgqqqqqqsukg4hr

The Cyphernomicon: Criptografia, Dinheiro Digital e o Futuro da Privacidade. escrito por Timothy C. May -Publicado em 1994. :

Livro completo em PDF no Github PrivacyOpenSource.

https://github.com/Alexemidio/PrivacyOpenSource/raw/main/Livros/THE%20CYPHERNOMICON%20.pdf Share

@ 662f9bff:8960f6b2

April already and we are still refugees from the madness in HK. During March I had quite a few family matters that took priority and I also needed to work for two weeks. April is a similar schedule but we flew to Madeira for a change of scene and so that I could have a full 2-weeks off - my first real holiday in quite a few years!

We are staying in an airBnB in Funchal - an experience that I can totally recommend - video below! Nice to have an apartment that is fully equipped in a central location and no hassle for a few weeks. While here we are making the most of the great location and all the local possibiliites.

Elsewhere in the world

Things are clearly not going great around the world. If you are still confused as to why these things are happening, do go back and read the previous Letter from HK section "Why? How did we get here?"

You should be in no doubt that the "Great Reset" with its supporting "Great Narrative" is in full swing.. This is it - it is not a drill. For additional insights the following are recommended.

• Jeff Booth discusses clearly and unemotionally with Pomp - Inflation is theft from humanity by the world governments

• James' summary of Day 2 of the Miami conference - Peter Thiel (wow) and a fantastic explainer from Saifedean on the costs of the current corrupt financial system

• James' summary of Day 3 of the Miami conference - listen in particular to the words of wisdom from Michael Saylor and Lyn Alden

• Layered Money - The corruption of the system will blow your mind once you understand it…

• This is BIG: Strike Is Bringing Freedom To Retail Merchants

• Mark summarises Ray's book: Things will go faster and slower than you want!

• Thoughtful words from George - evil is at work - be in no doubt..

• Wow - My mind is blown. Must listen to John Carvalho - what clear ambition and answers to every question!

• Related to the John Carvalho discussion. Likely these two options will end up complementing each other

On the personal and inspirational side

Advantage of time off work is that I have more time to read, listen and watch things that interest me. It really is a privilege that so much high quality material is so readily available. Do not let it go to waste. A few fabulous finds (and some re-finds) from this past week:

• Ali Abdaal's bookshelf review just blew my mind! For the full list of books with links see the text under his video. So many inspirations and his delivery is perfect.

• Gotta recommend Ali's 21 Life Lessons. I have been following him since he was student in Cambridge five years ago - his personal and professional growth and what he achieves (now with his team) is truely staggering.

• Also his 15 books to read in 2022 - especially this one!

• I also keep going back to Steve Jobs giving the 2005 Stanford Commencement address Three stories from his life - listen and be inspired - especially story #3

You will know that I am a fan of Audio Books and also Kindle - recently I am starting to use Whispersync where you get the Kindle- and Audio-books together for a nice price. This makes it easier to take notes (using Mac or iPad Kindle reader) while getting the benefit of having the book read to you by a professional reader.

I have also been inspired by a few people pushing themselves to do more reading - like this girl and Ali himself with his tips. Above all: just do it and do not get stuck on something that does not work for you!

Books that I am reading - Audio and Kindle!

• The Final Empire: Mistborn, Book 1 - this is a new genre for me - I rather feel that it might be a bit too complicated for my engineering mind - let's see

• Die with Zero: Getting All You Can from Your Money and Your Life - certainly provocative and obvious if you think about it but 99% do the opposite!

• Chariots of the Gods - a classic by Erich von Daniken (written in 1968) - I have been inspired by his recent YT video appearances. Thought provoking and leads you to many possibilities.

So what's it like in Funchal, Madeira?

Do check out HitTheRoadMadeira's walking tour around Funchal

My first impressions of Funchal 

and see my day out on Thursday!

Saturday - Funchal and Camar de Lobos

That's it!

No one can be told what The Matrix is.\ You have to see it for yourself.**

Do share this newsletter with any of your friends and family who might be interested.

You can also email me at: LetterFrom@rogerprice.me

💡Enjoy the newsletters in your own language : Dutch, French, German, Serbian, Chinese Traditional & Simplified, Thai and Burmese.

@ 9063ef6b:fd1e9a09

Quantum computing is no longer a futuristic fantasy — it's becoming a present-day reality. Major tech companies are racing to build machines that could revolutionize fields like drug discovery, logistics, and climate modeling. But along with this promise comes a major risk: quantum computers could one day break the cryptographic systems we use to secure everything from emails to bank transactions.

---

🧠 What Is a Quantum Computer?

A quantum computer uses the principles of quantum physics to process information differently than traditional computers. While classical computers use bits (0 or 1), quantum computers use qubits, which can be both 0 and 1 at the same time. This allows them to perform certain calculations exponentially faster.

Who's Building Them?

Several major tech companies are developing quantum computers:

• Microsoft is building Majorana 1, which uses topological qubits designed to be more stable and less prone to errors.
• Amazon introduced Ocelot, a scalable architecture with significantly reduced error correction needs.
• Google's Willow chip has demonstrated faster problem-solving with lower error rates.
• IBM has released Condor, the first quantum chip with over 1,000 qubits.

📅 As of 2025, none of these systems are yet capable of breaking today's encryption — but the rapid pace of development means that could change in 5–10 years.

---

🔐 Understanding Cryptography Today

Cryptography is the backbone of secure digital communication. It ensures that data sent over the internet or stored on devices remains confidential and trustworthy.

There are two main types of cryptography:

1. Symmetric Cryptography

• Uses a single shared key for encryption and decryption.
• Examples: AES-256, ChaCha20
• Quantum status: Generally considered secure against quantum attacks when long key lengths are used.

2. Asymmetric Cryptography (Public-Key)

• Uses a public key to encrypt and a private key to decrypt.
• Examples: RSA, ECC
• Quantum status: Highly vulnerable — quantum algorithms like Shor’s algorithm could break these quickly.

---

⚠️ The Quantum Threat

If a large-scale quantum computer becomes available, it could:

• Break secure websites (TLS/SSL)
• Forge digital signatures
• Decrypt previously recorded encrypted data ("harvest now, decrypt later")

This is why experts and governments are acting now to prepare, even though the technology isn’t fully here yet.

---

🔒 What Is Quantum Cryptography?

Quantum cryptography is a new method of securing communication using the laws of quantum physics. It doesn’t encrypt data directly, but instead focuses on creating a secure key between two people that cannot be intercepted without detection.

Quantum cryptography is promising, but not yet practical.

---

🛡️ What Is Post-Quantum Cryptography (PQC)?

Post-Quantum Cryptography is about designing new algorithms that are safe even if quantum computers become powerful. These algorithms can run on existing devices and are being actively standardized.

NIST-Selected Algorithms (2024):

• Kyber — for secure key exchange
• Dilithium — for digital signatures
• FALCON, SPHINCS+ — alternative signature schemes

PQC is already being tested or adopted by:

• Secure messaging apps (e.g. Signal)
• Web browsers and VPNs
• Tech companies like Google, Amazon, Microsoft

PQC is the most realistic and scalable solution to protect today's systems against tomorrow's quantum threats.

---

✅ Summary: What You Should Know

| Topic | Key Points | |--------------------------|------------------------------------------------------------------------------| | Quantum Computers | Use qubits; still in development but progressing fast | | Current Encryption | RSA and ECC will be broken by quantum computers | | Quantum Cryptography | Secure but needs special hardware; not practical at large scale (yet) | | Post-Quantum Crypto | Ready to use today; secure against future quantum threats | | Global Action | Standards, funding, and migration plans already in motion |

The quantum era is coming. The systems we build today must be ready for it tomorrow.

Date: 20.04.2025

@ c9badfea:610f861a

1. Install YTDLnis (it's free and open source)
2. Launch the app and allow notifications and storage access if prompted
3. Go to any supported website or use the YouTube, Instagram, X, or Facebook app
4. Tap Share on the post or website URL and select YTDLnis as the sharing destination
5. Adjust the settings if desired and tap Download
6. You'll be notified when the download finishes
7. Enjoy uninterrupted watching!

ℹ️ This app uses yt-dlp internally and it's also available as a standalone CLI tool

@ ed5774ac:45611c5c

April 20, 2020: The day I saw my so-called friends expose themselves as gutless, brain-dead sheep.

On that day, I shared a video exposing the damning history of the Bill & Melinda Gates Foundation's vaccine campaigns in Africa and the developing world. As Gates was on every TV screen, shilling COVID jabs that didn’t even exist, I called out his blatant financial conflict of interest and pointed out the obvious in my facebook post: "Finally someone is able to explain why Bill Gates runs from TV to TV to promote vaccination. Not surprisingly, it's all about money again…" - referencing his substantial investments in vaccine technology, including BioNTech's mRNA platform that would later produce the COVID vaccines and generate massive profits for his so-called philanthropic foundation.

The conflict of interest was undeniable. I genuinely believed anyone capable of basic critical thinking would at least pause to consider these glaring financial motives. But what followed was a masterclass in human stupidity.

My facebook post from 20 April 2020:

Not only was I branded a 'conspiracy theorist' for daring to question the billionaire who stood to make a fortune off the very vaccines he was shilling, but the brain-dead, logic-free bullshit vomited by the people around me was beyond pathetic. These barely literate morons couldn’t spell "Pfizer" without auto-correct, yet they mindlessly swallowed and repeated every lie the media and government force-fed them, branding anything that cracked their fragile reality as "conspiracy theory." Big Pharma’s rap sheet—fraud, deadly cover-ups, billions in fines—could fill libraries, yet these obedient sheep didn’t bother to open a single book or read a single study before screaming their ignorance, desperate to virtue-signal their obedience. Then, like spineless lab rats, they lined up for an experimental jab rushed to the market in months, too dumb to care that proper vaccine development takes a decade.

The pathetic part is that these idiots spend hours obsessing over reviews for their useless purchases like shoes or socks, but won’t spare 60 seconds to research the experimental cocktail being injected into their veins—or even glance at the FDA’s own damning safety reports. Those same obedient sheep would read every Yelp review for a fucking coffee shop but won't spend five minutes looking up Pfizer's criminal fraud settlements. They would demand absolute obedience to ‘The Science™’—while being unable to define mRNA, explain lipid nanoparticles, or justify why trials were still running as they queued up like cattle for their jab. If they had two brain cells to rub together or spent 30 minutes actually researching, they'd know, but no—they'd rather suck down the narrative like good little slaves, too dumb to question, too weak to think.

Worst of all, they became the system’s attack dogs—not just swallowing the poison, but forcing it down others’ throats. This wasn’t ignorance. It was betrayal. They mutated into medical brownshirts, destroying lives to virtue-signal their obedience—even as their own children’s hearts swelled with inflammation.

One conversation still haunts me to this day—a masterclass in wealth-worship delusion. A close friend, as a response to my facebook post, insisted that Gates’ assumed reading list magically awards him vaccine expertise, while dismissing his billion-dollar investments in the same products as ‘no conflict of interest.’ Worse, he argued that Gates’s $5–10 billion pandemic windfall was ‘deserved.’

This exchange crystallizes civilization’s intellectual surrender: reason discarded with religious fervor, replaced by blind faith in corporate propaganda.

The comment of a friend on my facebook post that still haunts me to this day:

Walking Away from the Herd

After a period of anger and disillusionment, I made a decision: I would no longer waste energy arguing with people who refused to think for themselves. If my circle couldn’t even ask basic questions—like why an untested medical intervention was being pushed with unprecedented urgency—then I needed a new community.

Fortunately, I already knew where to look. For three years, I had been involved in Bitcoin, a space where skepticism wasn’t just tolerated—it was demanded. Here, I’d met some of the most principled and independent thinkers I’d ever encountered. These were people who understood the corrupting influence of centralized power—whether in money, media, or politics—and who valued sovereignty, skepticism, and integrity. Instead of blind trust, bitcoiners practiced relentless verification. And instead of empty rhetoric, they lived by a simple creed: Don’t trust. Verify.

It wasn’t just a philosophy. It was a lifeline. So I chose my side and I walked away from the herd.

Finding My Tribe

Over the next four years, I immersed myself in Bitcoin conferences, meetups, and spaces where ideas were tested, not parroted. Here, I encountered extraordinary people: not only did they share my skepticism toward broken systems, but they challenged me to sharpen it.

No longer adrift in a sea of mindless conformity, I’d found a crew of thinkers who cut through the noise. They saw clearly what most ignored—that at the core of society’s collapse lay broken money, the silent tax on time, freedom, and truth itself. But unlike the complainers I’d left behind, these people built. They coded. They wrote. They risked careers and reputations to expose the rot. Some faced censorship; others, mockery. All understood the stakes.

These weren’t keyboard philosophers. They were modern-day Cassandras, warning of inflation’s theft, the Fed’s lies, and the coming dollar collapse—not for clout, but because they refused to kneel to a dying regime. And in their defiance, I found something rare: a tribe that didn’t just believe in a freer future. They were engineering it.

April 20, 2024: No more herd. No more lies. Only proof-of-work.

On April 20, 2024, exactly four years after my last Facebook post, the one that severed my ties to the herd for good—I stood in front of Warsaw’s iconic Palace of Culture and Science, surrounded by 400 bitcoiners who felt like family. We were there to celebrate Bitcoin’s fourth halving, but it was more than a protocol milestone. It was a reunion of sovereign individuals. Some faces I’d known since the early days; others, I’d met only hours before. We bonded instantly—heated debates, roaring laughter, zero filters on truths or on so called conspiracy theories.

As the countdown to the halving began, it hit me: This was the antithesis of the hollow world I’d left behind. No performative outrage, no coerced consensus—just a room of unyielding minds who’d traded the illusion of safety for the grit of truth. Four years prior, I’d been alone in my resistance. Now, I raised my glass among my people - those who had seen the system's lies and chosen freedom instead. Each had their own story of awakening, their own battles fought, but here we shared the same hard-won truth.

The energy wasn’t just electric. It was alive—the kind that emerges when free people build rather than beg. For the first time, I didn’t just belong. I was home. And in that moment, the halving’s ticking clock mirrored my own journey: cyclical, predictable in its scarcity, revolutionary in its consequences. Four years had burned away the old world. What remained was stronger.

No Regrets

Leaving the herd wasn’t a choice—it was evolution. My soul shouted: "I’d rather stand alone than kneel with the masses!". The Bitcoin community became more than family; they’re living proof that the world still produces warriors, not sheep. Here, among those who forge truth, I found something extinct elsewhere: hope that burns brighter with every halving, every block, every defiant mind that joins the fight.

Change doesn’t come from the crowd. It starts when one person stops applauding.

Today, I stand exactly where I always wanted to be—shoulder-to-shoulder with my true family: the rebels, the builders, the ungovernable. Together, we’re building the decentralized future.

@ 04c915da:3dfbecc9

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

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

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

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

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

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

@ dab6c606:51f507b6

Core idea: Use geotagged anonymized Nostr events with Cashu-based points to snitch on cop locations for a more relaxed driving and walking

We all know navigation apps. There's one of them that allows you to report on locations of cops. It's Waze and it's owned by Google. There are perfectly fine navigation apps like Organic Maps, that unfortunately lack the cop-snitching features. In some countries, it is illegal to report cop locations, so it would probably not be a good idea to use your npub to report them. But getting a points Cashu token as a reward and exchanging them from time to time would solve this. You can of course report construction, traffic jams, ...

Proposed solution: Add Nostr client (Copstr) to Organic Maps. Have a button in bottom right allowing you to report traffic situations. Geotagged events are published on Nostr relays, users sending cashu tokens as thank you if the report is valid. Notes have smart expiration times.

Phase 2: Automation: Integration with dashcams and comma.ai allow for automated AI recognition of traffic events such as traffic jams and cops, with automatic touchless reporting.

Result: Drive with most essential information and with full privacy. Collect points to be cool and stay cool.

@ 57c631a3:07529a8e

The Video: The World's Biggest Toddler

https://connect-test.layer3.press/articles/3f9d28a4-0876-4ee8-bdac-d1a56fa9cd02

@ cae03c48:2a7d6671

Bitcoin Magazine

Standard Chartered Backs $500K Bitcoin Target, Citing Growing Government Exposure Through MSTR

Sovereign investment in Bitcoin is accelerating—just not always in the most direct way. In a new report, Standard Chartered Bank says indirect exposure via Strategy (formerly MicroStrategy) is quietly increasing among government entities, reinforcing the bank’s long-standing price prediction that Bitcoin will reach $500,000 before President Donald Trump leaves office in 2029.

JUST IN: Standard Chartered says SEC 13F fillings support #Bitcoin reaching $500,000 by 2028 pic.twitter.com/MURg9bxLka

— Bitcoin Magazine (@BitcoinMagazine) May 20, 2025

“The latest 13F data from the U.S. Securities and Exchange Commission (SEC) supports our core thesis that Bitcoin (BTC) will reach the $500,000 level before Trump leaves office as it attracts a wider range of institutional buyers,” wrote Geoffrey Kendrick, Standard Chartered’s global head of digital assets research. “As more investors gain access to the asset and as volatility falls, we believe portfolios will migrate towards their optimal level from an underweight starting position in BTC.”

Q1 13F filings revealed a slowdown in direct bitcoin ETF buying—Wisconsin’s state fund exited its entire 3,400 BTC-equivalent IBIT position—while government-linked purchases of MSTR shares were on the rise. Abu Dhabi’s Mubadala, for instance, upped its IBIT exposure to 5,000 BTC equivalent, but Kendrick says the bigger story is elsewhere.

“We believe that in some cases, MSTR holdings by government entities reflect a desire to gain Bitcoin exposure where local regulations do not allow direct BTC holdings,” he said.

France and Saudi Arabia took first-time MSTR positions in Q1. Meanwhile, Norway’s Government Pension Fund, the Swiss National Bank, and South Korea’s public funds each added exposure equivalent to 700 BTC. U.S. retirement funds in states like California and New York added a combined 1,000 BTC equivalent via MSTR. Kendrick called the trend “very encouraging.”

“The quarterly 13F data is the best test of our thesis that BTC will attract new institutional buyer types as the market matures, helping the price reach our USD 500,000 level,” Kendrick said. “When institutions buy Bitcoin, prices tend to rise.”

SEC DATA BACKS BITCOIN $500K TARGET BY 2028: STANDARD CHARTERED

Standard Chartered's Geoff Kendrick says recent SEC 13F filings support a possible rise in Bitcoin to $500,000 by end-2028. While direct ETF holdings dipped in Q1, government entities boosted stakes in Strategy…

— *Walter Bloomberg (@DeItaone) May 20, 2025

This isn’t Kendrick’s first bullish call. Last month, he admitted his prior $120K forecast for Q2 2025 was “too low,” citing surging inflows into U.S. spot BTC ETFs—totaling $5.3 billion over just three weeks. At the time, Kendrick revised his 2025 year-end target to $200,000.

Standard Chartered’s latest analysis shows that Bitcoin’s role in institutional portfolios is maturing beyond tech volatility correlation—now increasingly seen as a macro hedge. “It is now all about flows,” Kendrick said. “And flows are coming in many forms.” 

This post Standard Chartered Backs $500K Bitcoin Target, Citing Growing Government Exposure Through MSTR first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 9063ef6b:fd1e9a09

This is my second article. I find the idea of using a user friendly 2FA-style code on a secondary device really fascinating.

I have to admit, I don’t fully grasp all the technical details behind it—but nonetheless, I wanted to share the idea as it came to mind. Maybe it is technical nonsense...

So here it is—feel free to tear the idea apart and challenge it! :)

Idea

This Article describes method for passphrase validation and wallet access control in Bitcoin software wallets using a block-based Time-based One-Time Password (TOTP) mechanism. Unlike traditional TOTP systems, this approach leverages blockchain data—specifically, Bitcoin block height and block hash—combined with a securely stored secret to derive a dynamic 6-digit validation code. The system enables user-friendly, secure access to a wallet without directly exposing or requiring the user to memorize a fixed passphrase.

1. Introduction

Secure access to Bitcoin wallets often involves a mnemonic seed and an optional passphrase. However, passphrases can be difficult for users to manage securely. This paper introduces a system where a passphrase is encrypted locally and can only be decrypted upon validation of a 6-digit code generated from blockchain metadata. A mobile app, acting as a secure TOTP generator, supplies the user with this code.

2. System Components

2.1 Fixed Passphrase

A strong, high-entropy passphrase is generated once during wallet creation. It is never exposed to the user but is instead encrypted and stored locally on the desktop system (eg. bitbox02 - sparrow wallet).

2.2 Mobile App

The mobile app securely stores the shared secret (passphrase) and generates a 6-digit code using: - The current Bitcoin block height - The corresponding block hash - A fixed internal secret (stored in Secure Enclave or Android Keystore)

Offline App - current block_hash and block_height scanned with qr code.6-digit code generation after scanning the information.

2.3 Decryption and Validation

On the desktop (e.g. in Sparrow Wallet or wrapper script), the user inputs the 6-digit code. The software fetches current block data (block_height, block_hash), recreates the decryption key using the same HMAC derivation as the mobile app, and decrypts the locally stored passphrase. If successful, the wallet is unlocked.

3. Workflow

1. Wallet is created with a strong passphrase.
2. Passphrase is encrypted using a key derived from the initial block hash + block height + secret.
3. User installs mobile app and shares the fixed secret securely.
4. On wallet access:
5. User retrieves current code from the app.
6. Enters it into Sparrow or a CLI prompt.
7. Wallet software reconstructs the key, decrypts the passphrase.
8. If valid, the wallet is opened.

4. Security Properties

• Two-Factor Protection: Combines device possession and blockchain-derived time-based data.
• Replay Resistance: Codes change with every block (~10 min cycle).
• Minimal Attack Surface: Passphrase never typed or copied.
• Hardware-Backed Secrets: Mobile app secret stored in non-exportable secure hardware.

5. Future Work

• Direct integration into Bitcoin wallet GUIs (e.g. Sparrow plugin)
• QR-based sync between mobile and desktop
• Support for multiple wallets or contexts

6. Conclusion

This approach provides a balance between security and usability for Bitcoin wallet users by abstracting away fixed passphrases and leveraging the immutability and regularity of the Bitcoin blockchain. It is a highly adaptable concept for enterprise or personal use cases seeking to improve wallet access security without introducing user friction.

@ 2e8970de:63345c7a

https://www.wsj.com/tech/europe-big-tech-ai-1f3f862c?mod=hp_lead_pos7

https://stacker.news/items/984656

@ 7e538978:a5987ab6

Chain Duel, a fast paced PvP game that takes inspiration from the classic snake game and supercharges it with Bitcoin’s Lightning Network. Imagine battling another player for dominance in a race to collect blocks, where the length of your chain isn’t just a visual cue. It represents real, staked satoshis. The player with the most Proof of Work wins, but it’s not just about gameplay; it’s about the seamless integration of the Lightning Network and real-time payments.

But how does Chain Duel manage these instant transactions with such efficiency? That’s where LNbits comes in. LNbits, an open-source wallet and payment infrastructure, handles all in-game payments making it easy for developers to focus on gameplay while LNbits takes care of everything from microtransactions to automated splits for developers and designers. In this article, we’ll dive deep into how Chain Duel leverages LNbits to streamline in-game payments and how other developers can take advantage of this powerful toolset to build the future of Lightning-powered gaming.

Let’s explore how LNbits transforms payment processing and why it’s quickly becoming a must-have for game developers working in the Bitcoin space.

Overview of Chain Duel

Chain Duel is a unique Lightning Network-inspired game that reimagines the classic snake game with a competitive twist, integrating real-time payments. Two players face off in real-time, racing to "catch" blocks and extend their chains. Each block added to the chain represents Proof of Work, and the player with the most Proof of Work wins the duel. The stakes are high, as the game represents satoshis (small units of Bitcoin) as points, with the winner taking home the prize.

The game is designed to be Lightning-native, meaning all payments within Chain Duel are processed through the Lightning Network. This ensures fast payments, reducing latency and making gameplay smooth. With additional features like practice mode, tournaments and highscores, Chain Duel creates an engaging and competitive environment for Bitcoin enthusiasts and gamers alike.

One of the standout aspects of Chain Duel is its deeper integration with the Lightning Network even at a design level. For example, actual Bitcoin blocks can appear on screen during matches, offering bonus points when mined in sync with the game. The game’s current version, still in beta, has already drawn attention within the Bitcoin community, gaining momentum at conferences and with a growing user base through its social networks. With its innovative combination of gaming, the Lightning Network, and competitive play, Chain Duel offers a glimpse into the future of Lightning-based gaming.

How LNbits is Used in Chain Duel

Seamless Integration with LNbits

At the core of Chain Duel’s efficient payment processing is LNbits, which handles in-game transactions smoothly and reliably. Chain Duel uses the LNbits LNURL-pay and LNURL-withdraw extensions to manage payments and rewards between players. Before each match, players send satoshis using LNURL-pay, which generates a static QR code or link for making the payment. LNURL-pay allows users to attach a note to the payment, which Chain Duel creatively uses as a way to insert the player name in-game. The simplicity of LNURL-pay ensures that users can quickly and easily initiate games, with fresh invoices being issued for every game. When players win, LNURL-withdraw enables them to seamlessly pull their earnings from the game, providing a quick payout system.

These extensions make it easy for players to send and receive Bitcoin with minimal latency, fully leveraging the power of the Lightning Network for fast and low-cost payments. The flexibility of LNbits’ tools means that game developers don’t need to worry about building custom payment systems from scratch—they can rely on LNbits to handle all financial transactions with precision.

Lightning Tournaments

Chain Duel tournaments leverage LNbits and its LNURL extensions to create a seamless and efficient experience for players. In Chain Duel tournaments, LNbits plays a crucial role in managing the overall economics. LNbits facilitates the generation of LNURL QR codes that participants can scan to register quickly or withdraw their winnings. LNbits allows Chain Duel to automatically handle multiple registrations through LNURL-pay, enabling players to participate in the tournament without additional steps. The Lightning Network's speed ensures that these payments occur in real-time, reducing wait times and allowing for a smoother flow in-game.

Splitting Payments

LNbits further simplifies revenue-sharing within Chain Duel. This feature allows the game to automatically split the satoshis sent by players into different shares for the game’s developer, designer, and host. Each time a payment is made to join a match, LNbits is used to automattically pay each of the contributors, according to pre-defined rules. This automated process ensures that everyone involved in the development and running of the game gets their fair share without manual intervention or complex bookkeeping.

Nostr Integration

Chain Duel also integrates with Nostr, a decentralized protocol for social interactions. Players can join games using "Zaps", small tips or micropayments sent over the Lightning Network within the Nostr ecosystem. Through NIP-57, which enables Nostr clients to request Zap invoices, players can use LNURL-pay enabled Zaps to register in P2P matches, further enhancing the Chain Duel experience. By using Zaps as a way to register in-game, Chain Duel automates the process of fetching players' identity, creating a more competitive and social experience. Zaps are public on the Nostr network, further expanding Chain Duel's games social reach and community engagement.

Game and Payment Synchronization

One of the key reasons Chain Duel developers chose LNbits is its powerful API that connects directly with the game’s logic. LNbits allows the game to synchronize payments with gameplay in real-time, providing a seamless experience where payments are an integrated part of the gaming mechanics.

With LNbits managing both the payment process and the Lightning Network’s complex infrastructure, Chain Duel developers are free to concentrate on enhancing the competitive and Lightning Network-related aspects of the game. This division of tasks is essential for streamlining development while still providing an innovative in-game payment experience that is deeply integrated with the Bitcoin network.

LNbits proves to be an indispensable tool for Chain Duel, enabling smooth in-game transactions, real-time revenue sharing, and seamless integration with Nostr. For developers looking to build Lightning-powered games, LNbits offers a powerful suite of tools that handle everything from micropayments to payment distribution—ensuring that the game's focus remains on fun and competition rather than complex payment systems.

LNBits facilitating Education and Adoption

This system contributes to educating users on the power of the Lightning Network. Since Chain Duel directly involve real satoshis and LNURL for registration and rewards, players actively experience how Lightning can facilitate fast, cheap, and permissionless payments. By incorporating LNbits into Chain Duel, the game serves as an educational tool that introduces users to the benefits of the Lightning Network. Players gain direct experience using Lightning wallets and LNURL, helping them understand how these tools work in real-world scenarios. The near-instant nature of these payments showcases the power of Lightning in a practical context, highlighting its potential beyond just gaming. Players are encouraged to set up wallets, explore the Lightning ecosystem, and eventually become familiar with Bitcoin and Lightning technology. By integrating LNbits, Chain Duel transforms in-game payments into a learning opportunity, making Bitcoin and Lightning more approachable for users worldwide.

Tools for Developers

LNbits is a versatile, open-source platform designed to simplify and enhance Bitcoin Lightning Network wallet management. For developers, particularly those working on Lightning-native games like Chain Duel, LNbits offers an invaluable set of tools that allow for seamless integration of Lightning payments without the need to build complex custom solutions from scratch. LNbits is built on a modular and extensible architecture, enabling developers to easily add or create functionality suited to their project’s needs.

Extensible Architecture for Customization

At the core of LNbits is a simple yet powerful wallet system that developers can access across multiple devices. What makes LNbits stand out is its extensible nature—everything beyond the core functionality is implemented as an extension. This modular approach allows users to customize their LNbits installation by enabling or building extensions to suit specific use cases. This flexibility is perfect for developers who want to add Lightning-based services to their games or apps without modifying the core codebase.

• Extensions for Every Use Case
  LNbits comes with a wide array of built-in extensions created by contributors, offering various services that can be plugged into your application. Some popular extensions include:
• Faucets: Distribute small amounts of Bitcoin to users for testing or promotional purposes.
• Paylinks: Create shareable links for instant payments.
• Points-of-sale (PoS): Allow users to set up shareable payment terminals.
• Paywalls: Charge users to access content or services.
• Event tickets: Sell tickets for events directly via Lightning payments.
• Games and services: From dice games to jukeboxes, LNbits offers entertaining and functional tools.

These ready-made solutions can be adapted and used in different gaming scenarios, for example in Chain Duel, where LNURL extensions are used for in game payments. The extensibility ensures developers can focus on building engaging gameplay while LNbits handles payment flows.

Developer-Friendly Customization

LNbits isn't just a plug-and-play platform. Developers can extend its functionality even further by creating their own extensions, giving full control over how the wallet system is integrated into their games or apps. The architecture is designed to make it easy for developers to build on top of the platform, adding custom features for specific requirements.

Flexible Funding Source Management

LNbits also offers flexibility in terms of managing funding sources. Developers can easily connect LNbits to various Lightning Network node implementations, enabling seamless transitions between nodes or even different payment systems. This allows developers to switch underlying funding sources with minimal effort, making LNbits adaptable for games that may need to scale quickly or rely on different payment infrastructures over time.

A Lean Core System for Maximum Efficiency

Thanks to its modular architecture, LNbits maintains a lean core system. This reduces complexity and overhead, allowing developers to implement only the features they need. By avoiding bloated software, LNbits ensures faster transactions and less resource consumption, which is crucial in fast-paced environments like Chain Duel where speed and efficiency are paramount.

LNbits is designed with developers in mind, offering a suite of tools and a flexible infrastructure that makes integrating Bitcoin payments easy. Whether you’re developing games, apps, or any service that requires Lightning Network transactions, LNbits is a powerful, open-source solution that can be adapted to fit your project.

Conclusion

Chain Duel stands at the forefront of Lightning-powered gaming, combining the excitement of competitive PvP with the speed and efficiency of the Lightning Network. With LNbits handling all in-game payments, from microtransactions to automated revenue splits, developers can focus entirely on crafting an engaging gaming experience. LNbits’ powerful API and extensions make it easy to manage real-time payments, removing the complexity of building payment infrastructure from scratch.

LNbits isn’t just a payment tool — it’s a flexible, developer-friendly platform that can be adapted to any gaming model. Whether you're developing a fast-paced PvP game like Chain Duel or any project requiring seamless Lightning Network integration, LNbits provides the ideal solution for handling instant payments with minimal overhead.

For developers interested in pushing the boundaries of Lightning-powered gaming, Chain Duel is a great example of how LNbits can enhance your game, letting you focus on the fun while LNbits manages real-time transactions.

Find out more

Curious about how Lightning Network payments can power your next game? Explore the following:

• Learn more about Chain Duel: Chain Duel
• Learn how LNbits can simplify payment handling in your project: LNbits
• Dive into decentralized communication with Nostr: Nostr

@ 58537364:705b4b85

Ikigai means "the meaning of life" or "the reason for being." Why were we born? What are we living for? When work is not seen as something separate from life.

The Japanese believe that everyone has their own ikigai. Those who discover it find meaning and value in life, leading to greater happiness, better moods, and a more fulfilling world.

Today, there are many books about ikigai, but the first one written by a Japanese author is:

“The Little Book of Ikigai: The Secret Japanese Way to Live a Happy and Long Life” by Ken Mogi (Thai translation by Wuttichai Krisanaprakankit)

Come explore the true world of ikigai through this Japanese neuroscientist’s insights, conveyed through conversations that challenge the idea of ikigai as something grand—showing instead that it starts with small personal joys.

Ken Mogi says that Jiro Ono, a 94-year-old sushi chef who still makes sushi today, was his inspiration for writing the book.

This sushi chef did not start the job out of passion or talent—but he dedicated every piece of sushi to bring happiness to his customers. That, Ken says, is the essence of ikigai.

Strangely, the word “ikigai” is not often used in daily conversations in Japan.

Because it’s something so natural that it doesn’t need to be said. In today’s world, we often talk about how to succeed, how to get promoted, how to become a CEO. But for the Japanese, success isn’t everything.

For example, many Japanese people are deeply passionate about hobbies or have kodawari. Others might not care what those hobbies are—as long as the person seems happy, that’s enough. Some are obsessed with trains, manga, or anime. These people don’t need fame or recognition from society. If they’re happy in their own way, that’s perfectly okay.

Kodawari means a deep dedication or meticulous attention to something. For example, someone obsessed with stationery might spend a lot of time selecting the perfect pens, notebooks, or pencils. They’ll research, analyze, and experiment to find the tools they love most.

Everyone’s ikigai can be different, because people value different things and live differently.

Ikigai is about diversity. Japanese society encourages children to discover their own ikigai. They don’t tell kids to pursue jobs only because they pay well. If you ask students what jobs they want, they rarely say it’s about money first.

Ikigai is not the same as "success." The Japanese know that life isn’t just about being successful. Ikigai matters more. You could be successful but lack ikigai. Conversely, you might not be “successful” but still have ikigai—and you might be happier.

Ken Mogi defines success as something society acknowledges and rewards. But ikigai comes from your own heart and personal happiness. Others may not recognize it as success, but that doesn’t matter.

Ikigai is personal. We can be happy in our own way. We don’t judge others’ happiness—let them find joy in their own path.

The key to ikigai is finding small moments of happiness, even from little things. For example, when Ken was a child, he loved studying butterflies. Now, when he’s out jogging and sees a beautiful butterfly, he feels ikigai. Or sometimes, it comes from small amusing moments—like hearing a child tell his dad, “Dad, you have to do it this way!”

So, if we want to find our own ikigai, where do we start? Start with noticing small pleasures in daily life. That’s the easiest place to begin.

In the brain, there's a chemical called dopamine. When we achieve even small things, dopamine is released, creating happiness. That’s why enjoying small things is so important.

For some, ikigai might seem hard to grasp—especially if life is difficult, if they feel hopeless or lack self-worth. So begin with tiny moments of joy.

Is it the same as positive thinking? Ikigai is a part of that. But when we talk about “positive thinking,” it can feel like pressure to some people. So instead, just notice small joys: making your morning coffee, running in the rain.

---

Lessons from Ken Mogi:

1. Ikigai is not about chasing success or wealth, but about feeling happiness in your own life, which gives your life personal meaning.

2. Ikigai is not defined by society. Everyone’s ikigai is different. Each person can be happy in their own way.

3. **Don’t judge or force others—**children, partners—to live how you think is right. Respect diversity.

4. Smile at people who are enjoying their ikigai, and support them if they struggle.

5. Ikigai exists on two levels:

6. Big ikigai: life purpose or work values.

7. Small ikigai: tiny joys in everyday life.

8. Ikigai starts with noticing small pleasures today.

---

Source: From the Cloud of Thoughts column An interview by Ajarn Katewadi from Marumura with Ken Mogi, author of the first Japanese book on ikigai.

@ 7e538978:a5987ab6

🧑‍💻🚀 This bounty has now been claimed - Read more here   🧑‍💻🚀🧑‍💻🚀

Bounty Specification: Implement a Nostr Wallet Connect Funding Source for LNbits

Project Overview

This project involves the development of a funding source within LNbits that can use a remote NWC wallet service.

Objective

To create a NWC funding source for LNbits that allows for lightning network operations using a remote Nostr Wallet Connect wallet service. This funding source should implement all funding source functions using NWC as defined in the Void funding source stub - https://github.com/lnbits/lnbits/blob/dev/lnbits/wallets/void.py

Deliverables

1. NWC Funding Source: Robust funding source for LNbits that implements all funding source functions using NIP-47.
2. Documentation: Comprehensive guide including:
3. Installation and configuration processes.
4. Configuration guidelines to connect with various NWC wallet services.
5. Test Suite: Complete set of tests ensuring the functionality works under various scenarios and adheres to the NIP-47 protocol.
6. Demonstration: A working demonstration of LNbits acting as a NWC client, performing transactions using a NWC wallet service.

Requirements

• The extension should be implemented in Python to align with the existing LNbits platform.
• Follow the NIP-47 protocol.
• Integration should support asynchronous operations to handle real-time transaction confirmations.

Budget

• Total Bounty: 750,000 sats
• Payment will be made upon final delivery, after successful testing and documentation review.

Evaluation Criteria

• Adherence to the NIP-47 specifications and LNbits integration requirements.
• Security and efficiency of the implementation.
• Quality of documentation and ease of use.

How to Apply

Get in touch with us in the LNbits Telegram channel

@ 9063ef6b:fd1e9a09

Bitcoin is more than just a digital currency. It’s a technological revolution built on a unique set of properties that distinguish it from all other financial systems—past and present. From its decentralized architecture to its digitally verifiable scarcity, Bitcoin represents a fundamental shift in how we store and transfer value.

A Truly Decentralized Network

As of April 2025, the Bitcoin network comprises approximately 62,558 reachable nodes globally. The United States leads with 13,791 nodes (29%), followed by Germany with 6,418 nodes (13.5%), and Canada with 2,580 nodes (5.43%). bitnodes

This distributed structure is central to Bitcoin’s strength. No single entity can control the network, making it robust against censorship, regulation, or centralized failure.

---

Open Participation at Low Cost

Bitcoin's design allows almost anyone to participate meaningfully in the network. Thanks to its small block size and streamlined protocol, running a full node is technically and financially accessible. Even a Raspberry Pi or a basic PC is sufficient to synchronize and validate the blockchain.

However, any significant increase in block size could jeopardize this accessibility. More storage and bandwidth requirements would shift participation toward centralized data centers and cloud infrastructure—threatening Bitcoin’s decentralized ethos. This is why the community continues to fiercely debate such protocol changes.

---

Decentralized Governance

Bitcoin has no CEO, board, or headquarters. Its governance model is decentralized, relying on consensus among various stakeholders, including miners, developers, node operators, and increasingly, institutional participants.

Miners signal support for changes by choosing which version of the Bitcoin software to run when mining new blocks. However, full node operators ultimately enforce the network’s rules by validating blocks and transactions. If miners adopt a change that is not accepted by the majority of full nodes, that change will be rejected and the blocks considered invalid—effectively vetoing the proposal.

This "dual-power structure" ensures that changes to the network only happen through widespread consensus—a system that has proven resilient to internal disagreements and external pressures.

---

Resilient by Design

Bitcoin's decentralized nature gives it a level of geopolitical and technical resilience unmatched by any traditional financial system. A notable case is the 2021 mining ban in China. While initially disruptive, the network quickly recovered as miners relocated, ultimately improving decentralization.

This event underlined Bitcoin's ability to withstand regulatory attacks and misinformation (FUD—Fear, Uncertainty, Doubt), cementing its credibility as a global, censorship-resistant network.

---

Self-Sovereign Communication

Bitcoin enables peer-to-peer transactions across borders without intermediaries. There’s no bank, payment processor, or centralized authority required. This feature is not only technically efficient but also politically profound—it empowers individuals globally to transact freely and securely.

---

Absolute Scarcity

Bitcoin is the first asset in history with a mathematically verifiable, fixed supply: 21 million coins. This cap is hard-coded into its protocol and enforced by every full node. At the atomic level, Bitcoin is measured in satoshis (sats), with a total cap of approximately 2.1 quadrillion sats.

This transparency contrasts with assets like gold, whose total supply is estimated and potentially (through third parties on paper) expandable. Moreover, unlike fiat currencies, which can be inflated through central bank policy, Bitcoin is immune to such manipulation. This makes it a powerful hedge against monetary debasement.

---

Anchored in Energy and Time

Bitcoin's security relies on proof-of-work, a consensus algorithm that requires real-world energy and computation. This “work” ensures that network participants must invest time and electricity to mine new blocks.

This process incentivizes continual improvement in hardware and energy sourcing—helping decentralize mining geographically and economically. In contrast, alternative systems like proof-of-stake tend to favor wealth concentration by design, as influence is determined by how many tokens a participant holds.

---

Censorship-Resistant

The Bitcoin network itself is inherently censorship-resistant. As a decentralized system, Bitcoin transactions consist of mere text and numerical data, making it impossible to censor the underlying protocol.

However, centralized exchanges and trading platforms can be subject to censorship through regional regulations or government pressure, potentially limiting access to Bitcoin.

Decentralized exchanges and peer-to-peer marketplaces offer alternative solutions, enabling users to buy and sell Bitcoins without relying on intermediaries that can be censored or shut down.

---

High Security

The Bitcoin blockchain is secured through a decentralized network of thousands of nodes worldwide, which constantly verify its integrity, making it highly resistant to hacking. To add a new block of bundled transactions, miners compete to solve complex mathematical problems generated by Bitcoin's cryptography. Once a miner solves the problem, the proposed block is broadcast to the network, where each node verifies its validity. Consensus is achieved when a majority of nodes agree on the block's validity, at which point the Bitcoin blockchain is updated accordingly, ensuring the network's decentralized and trustless nature.

Manipulation of the Bitcoin network is virtually impossible due to its decentralized and robust architecture. The blockchain's chronological and immutable design prevents the deletion or alteration of previously validated blocks, ensuring the integrity of the network.

To successfully attack the Bitcoin network, an individual or organization would need to control a majority of the network's computing power, also known as a 51% attack. However, the sheer size of the Bitcoin network and the competitive nature of the proof-of-work consensus mechanism make it extremely difficult to acquire and sustain the necessary computational power. Even if an attacker were to achieve this, they could potentially execute double spends and censor transactions. Nevertheless, the transparent nature of the blockchain would quickly reveal the attack, allowing the Bitcoin network to respond and neutralize it. By invalidating the first block of the malicious chain, all subsequent blocks would also become invalid, rendering the attack futile and resulting in significant financial losses for the attacker.

One potential source of uncertainty arises from changes to the Bitcoin code made by developers. While developers can modify the software, they cannot unilaterally enforce changes to the Bitcoin protocol, as all users have the freedom to choose which version they consider valid. Attempts to alter Bitcoin's fundamental principles have historically resulted in hard forks, which have ultimately had negligible impact (e.g., BSV, BCH). The Bitcoin community has consistently rejected new ideas that compromise decentralization in favor of scalability, refusing to adopt the resulting blockchains as the legitimate version. This decentralized governance model ensures that changes to the protocol are subject to broad consensus, protecting the integrity and trustworthiness of the Bitcoin network.

Another source of uncertainty in the future could be quantum computers. The topic is slowly gaining momentum in the community and is being discussed.

My attempt to write an article with Yakihonne. Simple editor with the most necessary formatting. Technically it worked quite well so far.

Some properties are listed in the article. Which properties are missing?

@ 7e538978:a5987ab6

🧑‍💻🚀 This bounty has now been claimed - Read more here   🧑‍💻🚀

Bounty Specification: Build a Nostr Wallet Connect Wallet Service Extension for LNbits

Project Overview

This project aims to build a Nostr Wallet Connect (NWC) extension for LNbits to allow LNbits to act as a NWC Wallet Service as defined in NIP-47 https://github.com/nostr-protocol/nips/blob/master/47.md

LNbits has an example extension that can be used as a starting point on your extension development journey. Watch the extension build tutorial video here

Objective

To develop a fully functional NWC Wallet Service extension that adheres to the NIP-47 protocol specifications, enabling the following capabilities:

• Generation and handling of Nostr Wallet Connect URIs.
• Processing of payment requests including pay_invoice, make_invoice, lookup_invoice, list_transactions, get_balance, multi_pay_invoice, pay_keysend, multi_pay_keysend and get_info
• Creation and lookup of invoices.
• List and balance querying functionalities.
• Secure communication through encrypted events as per NIP04.
• Implementation of error codes
• Implementation of connection rules with control of the following: Maximum payment amount, maximum daily budget, connection expiry date (never expire should be an option) denominated in sats.

Deliverables

1. NWC Wallet Service Extension Code: Clean, commented, and secure codebase that uses the existing LNbits nostrclient.py functionality and an LNbits funding source to provide a NWC Wallet Service.
2. NWC Wallet Service Extension UI: A user interface within the extension that allows a user to connect a new app to the NWC wallet service and edit existing connections. The app connection should allow control of the following rules: Maximum payment amountMaximum daily budgetConnection expiry date (never expire should be an option)
3. Documentation: Documentation covering:
4. Setup and configuration instructions.
5. Usage examples.
6. Test Suite: A comprehensive test suite covering all key functionality

Technology Requirements

• The extension must be developed in Python, consistent with the LNbits platform.
• Use of existing LNbits libraries and adherence to its architectural style is required.
• NIP-47 specification must be adhered to.

Budget

• Total Bounty: 750,000 sats
• Payment will be made upon final delivery, after successful testing and documentation review.

Evaluation Criteria

• Adherence to the NIP-47 specifications and LNbits integration requirements.
• Security and efficiency of the implementation.
• Quality of documentation and ease of use.

How to Apply

Get in touch with us in the LNbits Telegram channel

@ e1b184d1:ac66229b

Bitcoin is more than just a digital currency. It’s a technological revolution built on a unique set of properties that distinguish it from all other financial systems—past and present. From its decentralized architecture to its digitally verifiable scarcity, Bitcoin represents a fundamental shift in how we store and transfer value.

1. A Truly Decentralized Network

As of April 2025, the Bitcoin network comprises approximately 62,558 reachable nodes globally. The United States leads with 13,791 nodes (29%), followed by Germany with 6,418 nodes (13.5%), and Canada with 2,580 nodes (5.43%). bitnodes

This distributed structure is central to Bitcoin’s strength. No single entity can control the network, making it robust against censorship, regulation, or centralized failure.

2. Open Participation at Low Cost

Bitcoin's design allows almost anyone to participate meaningfully in the network. Thanks to its small block size and streamlined protocol, running a full node is technically and financially accessible. Even a Raspberry Pi or a basic PC is sufficient to synchronize and validate the blockchain.

However, any significant increase in block size could jeopardize this accessibility. More storage and bandwidth requirements would shift participation toward centralized data centers and cloud infrastructure—threatening Bitcoin’s decentralized ethos. This is why the community continues to fiercely debate such protocol changes.

3. Decentralized Governance

Bitcoin has no CEO, board, or headquarters. Its governance model is decentralized, relying on consensus among various stakeholders, including miners, developers, node operators, and increasingly, institutional participants.

Miners signal support for changes by choosing which version of the Bitcoin software to run when mining new blocks. However, full node operators ultimately enforce the network’s rules by validating blocks and transactions. If miners adopt a change that is not accepted by the majority of full nodes, that change will be rejected and the blocks considered invalid—effectively vetoing the proposal.

This "dual-power structure" ensures that changes to the network only happen through widespread consensus—a system that has proven resilient to internal disagreements and external pressures.

4. Resilient by Design

Bitcoin's decentralized nature gives it a level of geopolitical and technical resilience unmatched by any traditional financial system. A notable case is the 2021 mining ban in China. While initially disruptive, the network quickly recovered as miners relocated, ultimately improving decentralization.

This event underlined Bitcoin's ability to withstand regulatory attacks and misinformation (FUD—Fear, Uncertainty, Doubt), cementing its credibility as a global, censorship-resistant network.

5. Self-Sovereign Communication

Bitcoin enables peer-to-peer transactions across borders without intermediaries. There’s no bank, payment processor, or centralized authority required. This feature is not only technically efficient but also politically profound—it empowers individuals globally to transact freely and securely.

6. Absolute Scarcity

Bitcoin is the first asset in history with a mathematically verifiable, fixed supply: 21 million coins. This cap is hard-coded into its protocol and enforced by every full node. At the atomic level, Bitcoin is measured in satoshis (sats), with a total cap of approximately 2.1 quadrillion sats.

This transparency contrasts with assets like gold, whose total supply is estimated and potentially (through third parties on paper) expandable. Moreover, unlike fiat currencies, which can be inflated through central bank policy, Bitcoin is immune to such manipulation. This makes it a powerful hedge against monetary debasement.

7. Anchored in Energy and Time

Bitcoin's security relies on proof-of-work, a consensus algorithm that requires real-world energy and computation. This “work” ensures that network participants must invest time and electricity to mine new blocks.

This process incentivizes continual improvement in hardware and energy sourcing—helping decentralize mining geographically and economically. In contrast, alternative systems like proof-of-stake tend to favor wealth concentration by design, as influence is determined by how many tokens a participant holds.

8. Censorship-Resistant

The Bitcoin network itself is inherently censorship-resistant. As a decentralized system, Bitcoin transactions consist of mere text and numerical data, making it impossible to censor the underlying protocol.

However, centralized exchanges and trading platforms can be subject to censorship through regional regulations or government pressure, potentially limiting access to Bitcoin.

Decentralized exchanges and peer-to-peer marketplaces offer alternative solutions, enabling users to buy and sell Bitcoins without relying on intermediaries that can be censored or shut down.

9. High Security

The Bitcoin blockchain is secured through a decentralized network of thousands of nodes worldwide, which constantly verify its integrity, making it highly resistant to hacking. To add a new block of bundled transactions, miners compete to solve complex mathematical problems generated by Bitcoin's cryptography. Once a miner solves the problem, the proposed block is broadcast to the network, where each node verifies its validity. Consensus is achieved when a majority of nodes agree on the block's validity, at which point the Bitcoin blockchain is updated accordingly, ensuring the network's decentralized and trustless nature.

Manipulation of the Bitcoin network is virtually impossible due to its decentralized and robust architecture. The blockchain's chronological and immutable design prevents the deletion or alteration of previously validated blocks, ensuring the integrity of the network.

To successfully attack the Bitcoin network, an individual or organization would need to control a majority of the network's computing power, also known as a 51% attack. However, the sheer size of the Bitcoin network and the competitive nature of the proof-of-work consensus mechanism make it extremely difficult to acquire and sustain the necessary computational power. Even if an attacker were to achieve this, they could potentially execute double spends and censor transactions. Nevertheless, the transparent nature of the blockchain would quickly reveal the attack, allowing the Bitcoin network to respond and neutralize it. By invalidating the first block of the malicious chain, all subsequent blocks would also become invalid, rendering the attack futile and resulting in significant financial losses for the attacker.

One potential source of uncertainty arises from changes to the Bitcoin code made by developers. While developers can modify the software, they cannot unilaterally enforce changes to the Bitcoin protocol, as all users have the freedom to choose which version they consider valid. Attempts to alter Bitcoin's fundamental principles have historically resulted in hard forks, which have ultimately had negligible impact (e.g., BSV, BCH). The Bitcoin community has consistently rejected new ideas that compromise decentralization in favor of scalability, refusing to adopt the resulting blockchains as the legitimate version. This decentralized governance model ensures that changes to the protocol are subject to broad consensus, protecting the integrity and trustworthiness of the Bitcoin network.

Another source of uncertainty in the future could be quantum computers. The topic is slowly gaining momentum in the community and is being discussed.

Your opinion

My attempt to write an article with Yakyhonne. Simple editor with the most necessary formatting. Technically it worked quite well so far.

Some properties are listed in the article. Which properties are missing and what are these properties?

@ bd32f268:22b33966

Recentemente tive conhecimento do mais recente flagelo cuja popularidade espelha bem o estado avançado de degeneração da nossa sociedade, o bebé reborn. Há uns anos certamente não passaria de uma piada de mau gosto quando alguém nos dissesse que decidiu adquirir um boneco para criar como se se tratasse de um filho, infelizmente em 2025 deixou de ser uma piada para se tornar algo assombroso.

Depois de fazer alguma pesquisa sobre o tema percebi que há pessoas que têm em curso processos litigantes judiciais relativos à, note-se com pasmo, guarda da boneca. A insanidade não fica por aqui uma vez que, algumas "mães" procuram atendimento médico para os seus bonecos. No Brasil, a câmara dos deputados recebeu três projetos destinados à criação de políticas públicas relacionadas com estes bonecos. As notícias sobre este fenómeno surreal multiplicam-se à medida que a insanidade se alastra como vírus pelas redes sociais.

Vivemos numa sociedade que há muito se divorciou da realidade, uma sociedade de pós-verdade, por isso de alguma forma não choca que este tipo de coisa possa acontecer. Podemos dizer que de alguma forma existe um primado do sentimento face à razão, preferimos, por vezes com consequências catastróficas, uma mentira "empática" do que uma verdade salvífica. Esta nossa tibieza em afirmar a verdade leva-nos consequentemente a uma crendice insustentável que é esta de, cada um tem a sua verdade. Graças a essa filosofia permitimos que um certo discurso lunático tenha mais alcance no espaço público. Por vezes ingenuamente podemos pensar que se trata de algo inofensivo, sem consequências de maior, contudo a experiência mostra-nos precisamente o contrário. Há por detrás destes fenómenos uma índole corrosiva que funciona como aguilhão para a disseminação das agendas políticas e ideológicas que visam a destruição da família. Considerando a excecional vulnerabilidade psíquica que observamos em cada vez mais pessoas neste tempo e a ampla disseminação destes fenómenos temos razão mais que suficientes para estarmos preocupados.

Uma outra elação que podemos retirar é que a nossa sociedade com as alegadas gerações "mais bem preparadas de sempre" está claramente a produzir um excesso de adultos que se comporta e, a todos os títulos são, crianças funcionais.

Com tudo isto fica cada vez mais difícil viver uma vida harmoniosa com a lei natural, pois vivemos em harmonia com algo considerado opressor pelos apologetas destes produtos do marxismo cultural. Com a pretensa igualdade que se pretende alcançar, equiparando inclusive um boneco a uma bebé, as famílias no sentido próprio do termo ficam em segundo plano relativamente a estes "novos" e esotéricos conceitos de família.

Importa perguntar, no meio de todas essas novas formas de se pensar uma família, qual é o ideal ?

Provavelmente os apologetas destas bizarrices ficarão em silêncio uma vez que coerentemente consideram que todas as formas são iguais e válidas.

Isto é apenas mais um sinal que nos é dado do declínio palpável dos valores que construíram a nossa sociedade e civilização. Façamos algo para que estas nocivas ideologias não entrem no nosso coração e em nossas casas, sob pena da corrupção dos nossos princípios e dos daqueles que nos são queridos. Estes fenómenos são de tal forma doentios que nos levam a crer que vivemos numa época tragicómica, o que me fez lembrar de uma história contada por Kierkgaard e que partilho de seguida.

“Certa vez, houve um incêndio num circo ambulante na Dinamarca. O director mandou imediatamente o palhaço, que já se encontrava vestido e maquilhado a preceito, para a vila mais próxima, à procura de ajuda, advertindo-o de que existia o perigo de o fogo se espalhar pelos campos ceifados e ressequidos, com risco iminente para as casas do próprio povoado. O palhaço correu até à vila e pediu aos moradores que viessem ajudar a apagar o incêndio que estava a destruir o circo. Mas os habitantes viram nos gritos do palhaço apenas um belo truque de publicidade que visaria levá-los a acorrer em grande número às sessões do circo; aplaudiam e desatavam a rir. Diante dessa reacção, o palhaço sentiu mais vontade de chorar do que de rir. Fez de tudo para convencer as pessoas de que não estava a representar, de que não se tratava de um truque e sim de um apelo da maior seriedade: estava realmente em causa um incêndio. Mas a sua insistência só fazia aumentar os risos; eles achavam que a performance estava excelente – até que o fogo alcançou de facto aquela vila. Aí já foi tarde, e o fogo acabou por destruir não só o circo, mas também a povoação”.

Soren Kierkgaard - Filósofo dinamarquês

@ cae03c48:2a7d6671

Bitcoin Magazine

Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers

Auradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio of mining products at the Bitcoin 2025 Conference in Las Vegas, featuring high-performance ASIC chips, specialized cooling systems, and fully integrated modular containers engineered for scalable, megawatt-class mining operations, according to a press release sent to Bitcoin Magazine.

“Our goal is to democratize access to Bitcoin mining and enable innovative integrations,” said the CEO and Co-Founder of Auradine Rajiv Khemani. “Whether you’re running a megawatt container or building a small form-factor heater-miner for your home, we provide the chips, systems, and support to help you succeed. This new chapter is about giving miners the tools to innovate, scale, and operate efficiently.”

The new ASIC offerings, designed for both industrial and small-scale deployments, support customizable form factors and have already been adopted by operators including MARA Holdings, FutureBit, and Deep South Operating. Alongside the chips, Auradine continues to produce a full range of mining rigs to support a variety of deployment needs.

“Auradine’s ability to deliver both high-performance chips and scalable infrastructure aligns with MARA’s mission to stay at the forefront of bitcoin mining,” stated the Chief Technology Officer of MARA Holdings Ashu Swami. “We have been pleased with the partnership with Auradine with their leading edge engineering capability and innovation.”

Auradine’s modular 1 MW container units, developed in collaboration with Fog Hashing and FBox, are designed to accommodate 100–200 miners each. Merkle Standard, the first to deploy the system, reported improved energy efficiency and operational flexibility.

“We were the first to deploy Auradine’s container solution, and it immediately exceeded our expectations,” said the COO at Merkle Standard Monty Stahl. “The combination of performance, energy efficiency, and modular design gives us the flexibility to scale our operations faster and smarter than traditional infrastructure allows. This is the kind of innovation the mining industry has needed for a long time.”

Their recent $153 million Series C funding supports its push to offer flexible mining infrastructure and supplying ASIC chips for third-party integration. The company also plans to extend its hardware expertise to AI and networking through its AuraLinks initiative.

“We were one of the first to try Auradine’s ASIC chips and were immediately impressed by the support and customization that the team provided,”  added the CEO of Deep South Operating, LLC Brock Tompkins. “It helps miners like us to stay scalable and efficient while raising the standard for what decentralized mining looks like.”

This post Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 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.

@ c4b5369a:b812dbd6

Offline transactions with Cashu

Over the past few weeks, I've been busy implementing offline capabilities into nutstash. I think this is one of the key value propositions of ecash, beinga a bearer instrument that can be used without internet access. It does however come with limitations, which can lead to a bit of confusion. I hope this article will clear some of these questions up for you!

What is ecash/Cashu?

Ecash is the first cryptocurrency ever invented. It was created by David Chaum in 1983. It uses a blind signature scheme, which allows users to prove ownership of a token without revealing a link to its origin. These tokens are what we call ecash. They are bearer instruments, meaning that anyone who possesses a copy of them, is considered the owner.

Cashu is an implementation of ecash, built to tightly interact with Bitcoin, more specifically the Bitcoin lightning network. In the Cashu ecosystem, Mints are the gateway to the lightning network. They provide the infrastructure to access the lightning network, pay invoices and receive payments. Instead of relying on a traditional ledger scheme like other custodians do, the mint issues ecash tokens, to represent the value held by the users.

How do normal Cashu transactions work?

A Cashu transaction happens when the sender gives a copy of his ecash token to the receiver. This can happen by any means imaginable. You could send the token through email, messenger, or even by pidgeon. One of the common ways to transfer ecash is via QR code.

The transaction is however not finalized just yet! In order to make sure the sender cannot double-spend their copy of the token, the receiver must do what we call a swap. A swap is essentially exchanging an ecash token for a new one at the mint, invalidating the old token in the process. This ensures that the sender can no longer use the same token to spend elsewhere, and the value has been transferred to the receiver.

What about offline transactions?

Sending offline

Sending offline is very simple. The ecash tokens are stored on your device. Thus, no internet connection is required to access them. You can litteraly just take them, and give them to someone. The most convenient way is usually through a local transmission protocol, like NFC, QR code, Bluetooth, etc.

The one thing to consider when sending offline is that ecash tokens come in form of "coins" or "notes". The technical term we use in Cashu is Proof. It "proofs" to the mint that you own a certain amount of value. Since these proofs have a fixed value attached to them, much like UTXOs in Bitcoin do, you would need proofs with a value that matches what you want to send. You can mix and match multiple proofs together to create a token that matches the amount you want to send. But, if you don't have proofs that match the amount, you would need to go online and swap for the needed proofs at the mint.

Another limitation is, that you cannot create custom proofs offline. For example, if you would want to lock the ecash to a certain pubkey, or add a timelock to the proof, you would need to go online and create a new custom proof at the mint.

Receiving offline

You might think: well, if I trust the sender, I don't need to be swapping the token right away!

You're absolutely correct. If you trust the sender, you can simply accept their ecash token without needing to swap it immediately.

This is already really useful, since it gives you a way to receive a payment from a friend or close aquaintance without having to worry about connectivity. It's almost just like physical cash!

It does however not work if the sender is untrusted. We have to use a different scheme to be able to receive payments from someone we don't trust.

Receiving offline from an untrusted sender

To be able to receive payments from an untrusted sender, we need the sender to create a custom proof for us. As we've seen before, this requires the sender to go online.

The sender needs to create a token that has the following properties, so that the receciver can verify it offline:

• It must be locked to ONLY the receiver's public key
• It must include an offline signature proof (DLEQ proof)
• If it contains a timelock & refund clause, it must be set to a time in the future that is acceptable for the receiver
• It cannot contain duplicate proofs (double-spend)
• It cannot contain proofs that the receiver has already received before (double-spend)

If all of these conditions are met, then the receiver can verify the proof offline and accept the payment. This allows us to receive payments from anyone, even if we don't trust them.

At first glance, this scheme seems kinda useless. It requires the sender to go online, which defeats the purpose of having an offline payment system.

I beleive there are a couple of ways this scheme might be useful nonetheless:

1. Offline vending machines: Imagine you have an offline vending machine that accepts payments from anyone. The vending machine could use this scheme to verify payments without needing to go online itself. We can assume that the sender is able to go online and create a valid token, but the receiver doesn't need to be online to verify it.

2. Offline marketplaces: Imagine you have an offline marketplace where buyers and sellers can trade goods and services. Before going to the marketplace the sender already knows where he will be spending the money. The sender could create a valid token before going to the marketplace, using the merchants public key as a lock, and adding a refund clause to redeem any unspent ecash after it expires. In this case, neither the sender nor the receiver needs to go online to complete the transaction.

How to use this

Pretty much all cashu wallets allow you to send tokens offline. This is because all that the wallet needs to do is to look if it can create the desired amount from the proofs stored locally. If yes, it will automatically create the token offline.

Receiving offline tokens is currently only supported by nutstash (experimental).

To create an offline receivable token, the sender needs to lock it to the receiver's public key. Currently there is no refund clause! So be careful that you don't get accidentally locked out of your funds!

The receiver can then inspect the token and decide if it is safe to accept without a swap. If all checks are green, they can accept the token offline without trusting the sender.

The receiver will see the unswapped tokens on the wallet homescreen. They will need to manually swap them later when they are online again.

Later when the receiver is online again, they can swap the token for a fresh one.

Summary

We learned that offline transactions are possible with ecash, but there are some limitations. It either requires trusting the sender, or relying on either the sender or receiver to be online to verify the tokens, or create tokens that can be verified offline by the receiver.

I hope this short article was helpful in understanding how ecash works and its potential for offline transactions.

Cheers,

Gandlaf

@ 7e538978:a5987ab6

LNbits now has full NWC support thanks to the work of contributor @riccardobl, who has claimed two LNbits bounties for implementing Nostr Wallet Connect (NWC) support in LNbits.

LNbits can now act both as a wallet service and as a funding source using the Nostr NWC protocol (NIP-47). This opens the door to new integrations with a growing ecosystem of Nostr clients and Lightning wallets.

Two Sides of NWC Integration

The work delivered by Riccardo B comprises two separate peices of work that together implement full support for NWC:

1. LNbits as a Wallet Service

This extension allows LNbits to operate as an always-on wallet service compatible with Nostr Wallet Connect clients such as Damus, Amethyst, or any app supporting NIP-47. Users can connect these Nostr clients to their LNbits instance and create and pay Lightning invoices through it.

This turns your LNbits wallet into a backend Lightning provider for your favourite Nostr app all self-hosted.

2. NWC as a Funding Source

The second piece of work flips the relationship. With this in place, LNbits can now act as an NWC client, meaning it can be funded from any NWC wallet service. This could be another LNbits, Alby, Minibits and more.

Why This Is a Big Deal for LNbits Users

These two bounties make LNbits one of the first applications in the Lightning ecosystem to offer bidirectional NWC support — as both a service and a client. This brings benefits such as:

• Fund any NWC-compatible app using your LNbits wallet.

• Fund LNbits using any wallet that supports Nostr Wallet Connect.

• Build NWC-native apps with LNbits as a backend, or power your own LNbits server using existing wallet infrastructure.

For developers, it’s a chance to build in flexible, interoperable ways. For users, it means more choice, more control, and less friction when managing Lightning payments across apps and devices.

Both of these features were developed and delivered by Riccardo B (@riccardobl), an contributor who took on and completed both LNbits bounties and was extremely helpful during the PR review process. We owe a huge thanks to Riccardo for his work here.

To try them out, read the full article detailing how NWC works with LNbits.

@ 266815e0:6cd408a5

Its been a little over a year since NIP-90 was written and merged into the nips repo and its been a communication mess.

Every DVM implementation expects the inputs in slightly different formats, returns the results in mostly the same format and there are very few DVM actually running.

NIP-90 is overloaded

Why does a request for text translation and creating bitcoin OP_RETURNs share the same input i tag? and why is there an output tag on requests when only one of them will return an output?

Each DVM request kind is for requesting completely different types of compute with diffrent input and output requirements, but they are all using the same spec that has 4 different types of inputs (text, url, event, job) and an undefined number of output types.

Let me show a few random DVM requests and responses I found on wss://relay.damus.io to demonstrate what I mean:

This is a request to translate an event to English json { "kind": 5002, "content": "", "tags": [ // NIP-90 says there can be multiple inputs, so how would a DVM handle translatting multiple events at once? [ "i", "<event-id>", "event" ], [ "param", "language", "en" ], // What other type of output would text translations be? image/jpeg? [ "output", "text/plain" ], // Do we really need to define relays? cant the DVM respond on the relays it saw the request on? [ "relays", "wss://relay.unknown.cloud/", "wss://nos.lol/" ] ] }

This is a request to generate text using an LLM model json { "kind": 5050, // Why is the content empty? wouldn't it be better to have the prompt in the content? "content": "", "tags": [ // Why use an indexable tag? are we ever going to lookup prompts? // Also the type "prompt" isn't in NIP-90, this should probably be "text" [ "i", "What is the capital of France?", "prompt" ], [ "p", "c4878054cff877f694f5abecf18c7450f4b6fdf59e3e9cb3e6505a93c4577db2" ], [ "relays", "wss://relay.primal.net" ] ] }

This is a request for content recommendation json { "kind": 5300, "content": "", "tags": [ // Its fine ignoring this param, but what if the client actually needs exactly 200 "results" [ "param", "max_results", "200" ], // The spec never mentions requesting content for other users. // If a DVM didn't understand this and responded to this request it would provide bad data [ "param", "user", "b22b06b051fd5232966a9344a634d956c3dc33a7f5ecdcad9ed11ddc4120a7f2" ], [ "relays", "wss://relay.primal.net", ], [ "p", "ceb7e7d688e8a704794d5662acb6f18c2455df7481833dd6c384b65252455a95" ] ] }

This is a request to create a OP_RETURN message on bitcoin json { "kind": 5901, // Again why is the content empty when we are sending human readable text? "content": "", "tags": [ // and again, using an indexable tag on an input that will never need to be looked up ["i", "09/01/24 SEC Chairman on the brink of second ETF approval", "text"] ] }

My point isn't that these event schema's aren't understandable but why are they using the same schema? each use-case is different but are they all required to use the same i tag format as input and could support all 4 types of inputs.

Lack of libraries

With all these different types of inputs, params, and outputs its verify difficult if not impossible to build libraries for DVMs

If a simple text translation request can have an event or text as inputs, a payment-required status at any point in the flow, partial results, or responses from 10+ DVMs whats the best way to build a translation library for other nostr clients to use?

And how do I build a DVM framework for the server side that can handle multiple inputs of all four types (url, text, event, job) and clients are sending all the requests in slightly differently.

Supporting payments is impossible

The way NIP-90 is written there isn't much details about payments. only a payment-required status and a generic amount tag

But the way things are now every DVM is implementing payments differently. some send a bolt11 invoice, some expect the client to NIP-57 zap the request event (or maybe the status event), and some even ask for a subscription. and we haven't even started implementing NIP-61 nut zaps or cashu A few are even formatting the amount number wrong or denominating it in sats and not mili-sats

Building a client or a library that can understand and handle all of these payment methods is very difficult. for the DVM server side its worse. A DVM server presumably needs to support all 4+ types of payments if they want to get the most sats for their services and support the most clients.

All of this is made even more complicated by the fact that a DVM can ask for payment at any point during the job process. this makes sense for some types of compute, but for others like translations or user recommendation / search it just makes things even more complicated.

For example, If a client wanted to implement a timeline page that showed the notes of all the pubkeys on a recommended list. what would they do when the selected DVM asks for payment at the start of the job? or at the end? or worse, only provides half the pubkeys and asks for payment for the other half. building a UI that could handle even just two of these possibilities is complicated.

NIP-89 is being abused

NIP-89 is "Recommended Application Handlers" and the way its describe in the nips repo is

a way to discover applications that can handle unknown event-kinds

Not "a way to discover everything"

If I wanted to build an application discovery app to show all the apps that your contacts use and let you discover new apps then it would have to filter out ALL the DVM advertisement events. and that's not just for making requests from relays

If the app shows the user their list of "recommended applications" then it either has to understand that everything in the 5xxx kind range is a DVM and to show that is its own category or show a bunch of unknown "favorites" in the list which might be confusing for the user.

In conclusion

My point in writing this article isn't that the DVMs implementations so far don't work, but that they will never work well because the spec is too broad. even with only a few DVMs running we have already lost interoperability.

I don't want to be completely negative though because some things have worked. the "DVM feeds" work, although they are limited to a single page of results. text / event translations also work well and kind 5970 Event PoW delegation could be cool. but if we want interoperability, we are going to need to change a few things with NIP-90

I don't think we can (or should) abandon NIP-90 entirely but it would be good to break it up into small NIPs or specs. break each "kind" of DVM request out into its own spec with its own definitions for expected inputs, outputs and flow.

Then if we have simple, clean definitions for each kind of compute we want to distribute. we might actually see markets and services being built and used.

@ 3b3a42d3:d192e325

Atomic Signature Swaps (ASS) over Nostr is a protocol for atomically exchanging Schnorr signatures using Nostr events for orchestration. This new primitive enables multiple interesting applications like:

• Getting paid to publish specific Nostr events
• Issuing automatic payment receipts
• Contract signing in exchange for payment
• P2P asset exchanges
• Trading and enforcement of asset option contracts
• Payment in exchange for Nostr-based credentials or access tokens
• Exchanging GMs 🌞

It only requires that (i) the involved signatures be Schnorr signatures using the secp256k1 curve and that (ii) at least one of those signatures be accessible to both parties. These requirements are naturally met by Nostr events (published to relays), Taproot transactions (published to the mempool and later to the blockchain), and Cashu payments (using mints that support NUT-07, allowing any pair of these signatures to be swapped atomically.

How the Cryptographic Magic Works 🪄

This is a Schnorr signature (Zₓ, s):

s = z + H(Zₓ || P || m)⋅k

If you haven't seen it before, don't worry, neither did I until three weeks ago.

The signature scalar s is the the value a signer with private key k (and public key P = k⋅G) must calculate to prove his commitment over the message m given a randomly generated nonce z (Zₓ is just the x-coordinate of the public point Z = z⋅G). H is a hash function (sha256 with the tag "BIP0340/challenge" when dealing with BIP340), || just means to concatenate and G is the generator point of the elliptic curve, used to derive public values from private ones.

Now that you understand what this equation means, let's just rename z = r + t. We can do that, z is just a randomly generated number that can be represented as the sum of two other numbers. It also follows that z⋅G = r⋅G + t⋅G ⇔ Z = R + T. Putting it all back into the definition of a Schnorr signature we get:

s = (r + t) + H((R + T)ₓ || P || m)⋅k

Which is the same as:

s = sₐ + t where sₐ = r + H((R + T)ₓ || P || m)⋅k

sₐ is what we call the adaptor signature scalar) and t is the secret. ((R + T)ₓ, sₐ) is an incomplete signature that just becomes valid by add the secret t to the sₐ:

s = sₐ + t

What is also important for our purposes is that by getting access to the valid signature s, one can also extract t from it by just subtracting sₐ:

t = s - sₐ

The specific value of t depends on our choice of the public point T, since R is just a public point derived from a randomly generated nonce r.

So how do we choose T so that it requires the secret t to be the signature over a specific message m' by an specific public key P'? (without knowing the value of t)

Let's start with the definition of t as a valid Schnorr signature by P' over m':

t = r' + H(R'ₓ || P' || m')⋅k' ⇔ t⋅G = r'⋅G + H(R'ₓ || P' || m')⋅k'⋅G

That is the same as:

T = R' + H(R'ₓ || P' || m')⋅P'

Notice that in order to calculate the appropriate T that requires t to be an specific signature scalar, we only need to know the public nonce R' used to generate that signature.

In summary: in order to atomically swap Schnorr signatures, one party P' must provide a public nonce R', while the other party P must provide an adaptor signature using that nonce:

sₐ = r + H((R + T)ₓ || P || m)⋅k where T = R' + H(R'ₓ || P' || m')⋅P'

P' (the nonce provider) can then add his own signature t to the adaptor signature sₐ in order to get a valid signature by P, i.e. s = sₐ + t. When he publishes this signature (as a Nostr event, Cashu transaction or Taproot transaction), it becomes accessible to P that can now extract the signature t by P' and also make use of it.

Important considerations

A signature may not be useful at the end of the swap if it unlocks funds that have already been spent, or that are vulnerable to fee bidding wars.

When a swap involves a Taproot UTXO, it must always use a 2-of-2 multisig timelock to avoid those issues.

Cashu tokens do not require this measure when its signature is revealed first, because the mint won't reveal the other signature if they can't be successfully claimed, but they also require a 2-of-2 multisig timelock when its signature is only revealed last (what is unavoidable in cashu for cashu swaps).

For Nostr events, whoever receives the signature first needs to publish it to at least one relay that is accessible by the other party. This is a reasonable expectation in most cases, but may be an issue if the event kind involved is meant to be used privately.

How to Orchestrate the Swap over Nostr?

Before going into the specific event kinds, it is important to recognize what are the requirements they must meet and what are the concerns they must address. There are mainly three requirements:

• Both parties must agree on the messages they are going to sign
• One party must provide a public nonce
• The other party must provide an adaptor signature using that nonce

There is also a fundamental asymmetry in the roles of both parties, resulting in the following significant downsides for the party that generates the adaptor signature:

• NIP-07 and remote signers do not currently support the generation of adaptor signatures, so he must either insert his nsec in the client or use a fork of another signer
• There is an overhead of retrieving the completed signature containing the secret, either from the blockchain, mint endpoint or finding the appropriate relay
• There is risk he may not get his side of the deal if the other party only uses his signature privately, as I have already mentioned
• There is risk of losing funds by not extracting or using the signature before its timelock expires. The other party has no risk since his own signature won't be exposed by just not using the signature he received.

The protocol must meet all those requirements, allowing for some kind of role negotiation and while trying to reduce the necessary hops needed to complete the swap.

Swap Proposal Event (kind:455)

This event enables a proposer and his counterparty to agree on the specific messages whose signatures they intend to exchange. The content field is the following stringified JSON:

{     "give": <signature spec (required)>,     "take": <signature spec (required)>,     "exp": <expiration timestamp (optional)>,     "role": "<adaptor | nonce (optional)>",     "description": "<Info about the proposal (optional)>",     "nonce": "<Signature public nonce (optional)>",     "enc_s": "<Encrypted signature scalar (optional)>" }

The field role indicates what the proposer will provide during the swap, either the nonce or the adaptor. When this optional field is not provided, the counterparty may decide whether he will send a nonce back in a Swap Nonce event or a Swap Adaptor event using the nonce (optionally) provided by in the Swap Proposal in order to avoid one hop of interaction.

The enc_s field may be used to store the encrypted scalar of the signature associated with the nonce, since this information is necessary later when completing the adaptor signature received from the other party.

A signature spec specifies the type and all necessary information for producing and verifying a given signature. In the case of signatures for Nostr events, it contain a template with all the fields, except pubkey, id and sig:

{ "type": "nostr", "template": { "kind": "<kind>"        "content": "<content>"        "tags": [ … ],        "created_at": "<created_at>" } }

In the case of Cashu payments, a simplified signature spec just needs to specify the payment amount and an array of mints trusted by the proposer:

{   "type": "cashu",   "amount": "<amount>",   "mint": ["<acceptable mint_url>", …] }

This works when the payer provides the adaptor signature, but it still needs to be extended to also work when the payer is the one receiving the adaptor signature. In the later case, the signature spec must also include a timelock and the derived public keys Y of each Cashu Proof, but for now let's just ignore this situation. It should be mentioned that the mint must be trusted by both parties and also support Token state check (NUT-07) for revealing the completed adaptor signature and P2PK spending conditions (NUT-11) for the cryptographic scheme to work.

The tags are:

• "p", the proposal counterparty's public key (required)
• "a", a kind:30455 Swap Listing event or an application specific version of it (optional)

Forget about this Swap Listing event for now, I will get to it later...

Swap Nonce Event (kind:456) - Optional

This is an optional event for the Swap Proposal receiver to provide the public nonce of his signature when the proposal does not include a nonce or when he does not want to provide the adaptor signature due to the downsides previously mentioned. The content field is the following stringified JSON:

{     "nonce": "<Signature public nonce>",     "enc_s": "<Encrypted signature scalar (optional)>" }

And the tags must contain:

• "e", a kind:455 Swap Proposal Event (required)
• "p", the counterparty's public key (required)

Swap Adaptor Event (kind:457)

The content field is the following stringified JSON:

{ "adaptors": [ {         "sa": "<Adaptor signature scalar>",         "R": "<Signer's public nonce (including parity byte)>",         "T": "<Adaptor point (including parity byte)>",         "Y": "<Cashu proof derived public key (if applicable)>",     }, …],     "cashu": "<Cashu V4 token (if applicable)>" }

And the tags must contain:

• "e", a kind:455 Swap Proposal Event (required)
• "p", the counterparty's public key (required)

Discoverability

The Swap Listing event previously mentioned as an optional tag in the Swap Proposal may be used to find an appropriate counterparty for a swap. It allows a user to announce what he wants to accomplish, what his requirements are and what is still open for negotiation.

Swap Listing Event (kind:30455)

The content field is the following stringified JSON:

{ "description": "<Information about the listing (required)>", "give": <partial signature spec (optional)>, "take": <partial signature spec (optional)>, "examples: [<take signature spec>], // optional "exp": <expiration timestamp (optional)>, "role": "<adaptor | nonce (optional)>" }

The description field describes the restrictions on counterparties and signatures the user is willing to accept.

A partial signature spec is an incomplete signature spec used in Swap Proposal events kind:455 where omitting fields signals that they are still open for negotiation.

The examples field is an array of signature specs the user would be willing to take.

The tags are:

• "d", a unique listing id (required)
• "s", the status of the listing draft | open | closed (required)
• "t", topics related to this listing (optional)
• "p", public keys to notify about the proposal (optional)

Application Specific Swap Listings

Since Swap Listings are still fairly generic, it is expected that specific use cases define new event kinds based on the generic listing. Those application specific swap listing would be easier to filter by clients and may impose restrictions and add new fields and/or tags. The following are some examples under development:

Sponsored Events

This listing is designed for users looking to promote content on the Nostr network, as well as for those who want to monetize their accounts by sharing curated sponsored content with their existing audiences.

It follows the same format as the generic Swap Listing event, but uses the kind:30456 instead.

The following new tags are included:

• "k", event kind being sponsored (required)
• "title", campaign title (optional)

It is required that at least one signature spec (give and/or take) must have "type": "nostr" and also contain the following tag ["sponsor", "<pubkey>", "<attestation>"] with the sponsor's public key and his signature over the signature spec without the sponsor tag as his attestation. This last requirement enables clients to disclose and/or filter sponsored events.

Asset Swaps

This listing is designed for users looking for counterparties to swap different assets that can be transferred using Schnorr signatures, like any unit of Cashu tokens, Bitcoin or other asset IOUs issued using Taproot.

It follows the same format as the generic Swap Listing event, but uses the kind:30457 instead.

It requires the following additional tags:

• "t", asset pair to be swapped (e.g. "btcusd")
• "t", asset being offered (e.g. "btc")
• "t", accepted payment method (e.g. "cashu", "taproot")

Swap Negotiation

From finding an appropriate Swap Listing to publishing a Swap Proposal, there may be some kind of negotiation between the involved parties, e.g. agreeing on the amount to be paid by one of the parties or the exact content of a Nostr event signed by the other party. There are many ways to accomplish that and clients may implement it as they see fit for their specific goals. Some suggestions are:

• Adding kind:1111 Comments to the Swap Listing or an existing Swap Proposal
• Exchanging tentative Swap Proposals back and forth until an agreement is reached
• Simple exchanges of DMs
• Out of band communication (e.g. Signal)

Work to be done

I've been refining this specification as I develop some proof-of-concept clients to experience its flaws and trade-offs in practice. I left the signature spec for Taproot signatures out of the current document as I still have to experiment with it. I will probably find some important orchestration issues related to dealing with 2-of-2 multisig timelocks, which also affects Cashu transactions when spent last, that may require further adjustments to what was presented here.

The main goal of this article is to find other people interested in this concept and willing to provide valuable feedback before a PR is opened in the NIPs repository for broader discussions.

References

• GM Swap- Nostr client for atomically exchanging GM notes. Live demo available here.
• Sig4Sats Script - A Typescript script demonstrating the swap of a Cashu payment for a signed Nostr event.
• Loudr- Nostr client under development for sponsoring the publication of Nostr events. Live demo available at loudr.me.
• Poelstra, A. (2017). Scriptless Scripts. Blockstream Research. https://github.com/BlockstreamResearch/scriptless-scripts

@ 266815e0:6cd408a5

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@ 662f9bff:8960f6b2

Currently, and for the last three weeks, I am in Belfast. With the situation in HK becoming ever more crazy by the day we took the opportunity to escape from Hong Kong for a bit - I escaped with V and 3 suitcases. I also have some family matters that I am giving priority to at this time. We plan to stay a few more weeks in Northern Ireland and then after some time in Belgium we will be visiting some other European locations. I do hope that HK will be a place that we can go back to - we will see...

What's happening?

Quite a few significant events have happened in the last few weeks that deserve some deeper analysis and checking than you will ever get from the media propaganda circus that is running full force at the moment. You should be in no doubt that the "Great Reset" with its supporting "Great Narrative" is in full swing.

In most of the world the C19 story has run its course - for now. Most countries seem to have have "declared victory" and "moved on". Obviously HK is an exception (nothing happened there for the last two years) and I fear they will get to experience the whole 2-year thing in the coming 3-4 months. Watch out - the politicians everywhere are looking to permanently establish the "emergency controls" as "normal" - see previous Letter for some examples in Ireland and EU.

Invasion of Ukraine has led to so many lines being crossed - to the extent that clearly things will never be the same again in our lifetime.

Why? How did we get here?

I do not claim to know all the answers but some things are fairly clear if you look with open eyes and the wisdom that previous generations and civilisations have made available to us - even if most choose to ignore it (Plato on the flaws of democracy). Those who do not learn from history are doomed to repeat it and even those who learn will have litle choice but to go along for much of the ride.

Perhaps my notes and the links below will help you to form an educated opinion rather than the pervasive propaganda we are all being fed.

The current situation is more than 100 years in the making and much (if not most) of what you thought was true is less veracious than you could ever imagine. No doubt we could (and maybe should) go back further but let's start in 1913 when the British Government asked the public no longer to request exchange of their pounds for gold coins at the post office. This led to the issuing of War Bonds and fractional reserve accounting that allowed the Bank of England essentially to print unlimited money to fight in WW1; without this devious action they would have been constrained to act within the limits of the country's reserves and WW1 would have been shorter. Read The Fiat Standard for more details on how this happened. Around this time, and likely no coincidence, the US bankers were scheming how to get around the constitutional controls against such actions in their own country - read more in The Creature from Jekyll Island.

Following WW1, Germany was forced to pay war reparations in Gold (hard money). This led to a decade of money printing and extravagant excesses and crashes as hyperinflation set in, ending in the bankrupting of the country and the nationalism that fed WW2 - the gory details of devaluation and hyperinflation in Weimar Germany are described in When Money Dies. Meanwhile the US bankers who had been preparing since 1913 stepped in with unlimited money printing to fund WW2 and then also in their Marshal Plan to cement in place the Bretton Woods post-war agreement that made US Dollar the global reserve currency.

Decades of boom and bust followed - well explained by Ray Dalio who portrays this as perfectly normal and to be expected - unfortunately it is for soft (non-hard) money based economies. The Fourth Turning will give many additional insights to this period too as well as cycles to watch for and their cause and nature. In 1961 Eisenhower tried to warn the population in his farewell address about the "Military Industrial Complex" and many believe that Robert Kennedy's assassination in 1963 may well be not entirely unrelated.

Things came to a head in August 1971 when the countries of the world realised that the US was (contrary to all promises) printing unlimited funds to (among other things) fight the Vietnam war and so undermining the expected and required convertibility of US dollars (the currency of global trade) for Gold (hard money). A French warship heading to NY to collect France's gold was the straw that caused Nixon to default on US Debt convertibility and "close the gold window".

This in turn led to further decades of increasing financialization, further fuelled (pun intended) by the PetroDollar creation and "exorbitant priviledge" that the US obtained by having the global reserve currency - benefiting those closest to the money supply (Cantillon effect) while hollowing out the US manufacturing and eventually devastating its middle and working classes (Triffin dilemma) - Arthur Hayes describes all this and much more as well as the likely outlook in his article - Energy Canceled. Absolutely required reading or listen to Guy Swan reading it and giving his additional interpetation.

Zoltan Pozsar of Credit Suisse explains how the money system is now being reset following the events of last few weeks and his article outlines a likely way forward - Bretton Woods III. His paper is somewhat dense, heavy reading and you might prefer to listen to Luc Gromen's more conversational explainer with Marty

All of this was well known to our forefathers

The writers of the American Constitution understood the dangers of money being controlled by any elite group and they did their best to include protections in the US constitution. It did take the bankers multiple decades and puppet presidents to circumvent these but do so they did. Thomas Jefferson could not have been more clear in his warning.

" If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around(these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Islamic finace also recognised the dangers - you will likely be aware of the restrictions that forbid interest payments - read this interesting article from The Guardian

You will likely also be aware from schooldays that the Roman Empire collapsed because it expanded too much and the overhead became unbearable leading to the debasement of its money and inability to extract tax payments to support itself. Read more from Mises Institute. Here too, much of this will likely ring familiar.

So what can you do about it?

In theory Governments should respect Consent of the Governed and the 1948 Universal Declaration of Human Rights states that "The will of the people shall be the basis of the authority of government".

For you to decide if and to what extent governments today are acting in line with these principles. If not, what can you do about it?

The options you have are basically - Loyalty, Voice or Exit. 1. You can be loyal and accept what you are told - 2. you may (or may not) be able to voice disagreement and 3. you may (or may not!) be able to exit. Authoritarian governments will make everything except Loyalty difficult or even impossible - if in doubt, read George Orwell 1984 - or look just around at recent events today in many countries.

I'll be happy to delve deeper into this in subsequent letters if there is interest - for now I recommend you to read Sovereign Individual. It is a long read but each chapter starts with a summary and you can read the summaries of each chapter as a first step. Also - I'm happy to discuss with you - just reach out and let me know!

For those who prefer a structured reading list, check References

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@ 6ad3e2a3:c90b7740

I https://www.chrisliss.com/p/mstr a few months ago with the subtitle “The Only Stock,” and I’m starting to regret it. Now, it was trading at 396 on January 20 when I posted it and 404 now (even if it dipped 40 percent to 230 or so in between), but that’s not why I regret it. I pointed out it was not investable unless you’re willing to stomach large drawdowns, and anyone who bought then could exit with a small profit now had they not panic-sold along the way.

The reason I regret it is I don’t want to make public stock predictions because it adds stress to my life. I have not sold any of my shares yet, but something I’ve noticed recently has got me thinking about it, and stock tips are like a game of telephone wherein whoever is last in the chain might find out the wrong information and too late. And while every adult has agency and is responsible for his own financial decisions, I don’t want my readers losing money on account of anything I write.

My base case is still that MSTR becomes a trillion-dollar company, destroys the performance of the S&P, the Mag-7 and virtually any other equity portfolio most people would assemble. Michael Saylor is trading an infinitely-printable asset (his shares) for humanity’s best-ever, finite-supply digital gold, and that trade should be profitable for him and his shareholders in perpetuity.

I don’t know exactly what he plans to do when that trade is no longer available to him — either because no one takes fiat currency for bitcoin anymore or because his mNAV (market-cap-to-bitcoin-holding ratio) goes below one — but that’s not my main concern, either. At that point he’ll have so much bitcoin, he’ll probably become the world’s first and largest bitcoin bank and profit by making his pristine collateral available to individuals and institutions. Even at five percent interest, half a trillion in bitcoin would yield $25B in profits every year. Even at a modest 10x valuation, the stock would more than double from here.

I am also not overly concerned with Saylor’s present amount of convertible debt which is at low or zero rates and is only https://www.strategy.com/. He’s been conservative on that front and only issuing on favorable terms. I don’t doubt Saylor’s prescience, intelligence or business sense one bit.

What got me thinking were some Twitter posts by a former Salomon Brothers trader/prophet Josh Mandell https://x.com/JoshMandell6/status/1921597739458339193 recently. In November when bitcoin was mooning after the election, he predicted that on March 14th it would close at $84,000, and if it did it would then go on an epic run up to $444,000 this cycle.

A lot of people make predictions, a few of them come true, but rarely do they come true on the dot (it closed at exactly $84K according to some exchanges) and on such a specific timeframe. Now, maybe he just got lucky, or maybe he is a skilled trader who made one good prediction, but the reason he gave for his prediction, insofar as he gave one, was not some technical chart or quantitative analysis, but a memory he had from 30 years ago that got into his mind that he couldn’t shake. He didn’t get much more specific than that, other than that he was tuned into something that if he explained fully would make too many people think he had gone insane. And then the prediction came true on the dot months later.

Now I believe in the paranormal more than the average person. I do not think things are random, and insofar as they appear that way it’s only because we have incomplete information — even a coin toss is predictable if you knew the exact force and spin that was put on the coin. I think for whatever reason, this guy is plugged into something, and while I would never invest a substantial amount of money on that belief — not only are earnestly-made prophecies often delusions or even if correct wrongly interpreted — that he sold makes me think.

He gave more substantive reasons for selling than prophecy, by the way — he seems to think Saylor’s perpetual issuance of shares ATM (at the market) to buy more bitcoin is putting too much downward pressure on the stock. Obviously, selling shares — even if to buy the world’s most pristine collateral at a 2x-plus mNAV — reduces the short-term appreciation of those shares.

His thesis seems to be that Saylor is doing this even if he would be better off letting the price appreciate more, attracting more investors, squeezing more shorts, etc because he needs to improve his credit rating to tap into the convertible debt market to the extent he has promised ($42 billion more over the next few years) at favorable terms. But in doing this, he is souring common stock investors because they are not seeing the near-term appreciation they should on their holdings.

Now this is a trivial concern if over the long haul MSTR does what it has the last couple years which is to outperform by a wide margin not only every large cap stock and the S&P but bitcoin itself. And the bigger his stack of bitcoin, the more his stock should appreciate as bitcoin goes up. But markets do not operate linearly and rationally. Should he sour prospective buyers to a great enough extent, should he attract shorts (and supply them with available shares to borrow) to a great enough extent, perhaps there might be an mNAV-crushing cascade that drives people into other bitcoin treasury companies, ETFs or bitcoin itself.

Now Saylor as first mover and by far the largest publicly-traded treasury company has a significant advantage. Institutions are far less likely to invest in size in smaller treasury companies with shorter track records, and many of them are not allowed to invest in ETFs or bitcoin at all. And even if a lot of money did go into any of those vehicles, it would only drive the value of his assets up and hence his stock price, no matter the mNAV. But Josh Mandell sold his shares prior to a weekend where bitcoin went from 102K to 104K, the US announced a deal with China, the mag-7 had a big spike (AAPL was up 6.3 percent) and then MSTR’s stock went down from 416 to 404. As I said, he is on to something.

So what’s the real long-term risk? I don’t know. Maybe there’s something about the nature of bitcoin that long-term is not really amenable to third-party custody and administration. It’s a bearer asset (“not your keys, not your coins”), and introducing counterparty risk is antithetical to its core purpose, the separation of money and state, or in this case money and bank.

With the bitcoin network you can literally “be your own bank.” To transact in digital dollars you need a bank account — or at least a stable coin one mediated by a centralized entity like Tether. You can’t hold digital dollars in your mind via some memorized seed words like you can bitcoin, accessible anywhere in the world, the ledger of which is maintained by tens of thousands of individually-run nodes. This property which democratizes value storage in the way gold did, except now you can wield your purchasing power globally, might be so antithetical to communal storage via corporation or bank that doing so is doomed to catastrophe.

We’ve already seen this happen with exchanges via FTX and Mt. Gox. Counterparty risk is one of the problems bitcoin was created to solve, so moving that risk from a fractionally reserved international banking system to corporate balance sheets still very much a part of that system is probably not the seismic advancement integral to the technology’s promise.

But this is more of a philosophical concern rather than a concrete one. To get more specific, it’s easy to imagine Coinbase, if indeed that’s where MSTR custodies its coins, gets hacked or https://www.chrisliss.com/p/soft-landing, i.e., seized by an increasingly desperate and insolvent government. Or maybe Coinbase simply doesn’t have the coins it purports like FTX, or a rogue band of employees, working on behalf of some powerful faction for “https://www.chrisliss.com/national-security-and-public-healt” executes the rug pull. Even if you deem these scenarios unlikely, they are not unfathomable.

Beyond outright counterparty malfeasance, there are other risks — what if owning common stock in an enterprise that simply holds bitcoin falls out of favor? Imagine if some new individual custody solution emerges wherein you have direct access to the coins themselves in an “even a boomer can do this” kind of way wherein there’s no compelling reason to own common stock with its junior claims to the capital stack in the event of insolvency? Why stand in line behind debt holders and preferred shares when you can invest in something that’s directly withdrawable and accessible if world events spike volatility to a systemic breaking point?

Things need not even get that rocky for this to be a concern — just the perception that they might could spook people into realizing common stock of a corporate balance sheet might be less than ideal as your custody solution.

Moreover, Saylor himself presents some risk. He could be compromised or blackmailed, he could lose his cool or get into an accident. These are low-probability scenarios, but also not unfathomable as any single point of failure is a target, especially for those factions who stand to lose unimaginable wealth and power should his speculative attack on the system succeed at scale.

Finally, even if Saylor remains free to operate as he sees fit, there is what I’d call the Icarus risk — he might be too ambitious, too hell-bent on acquiring bitcoin at all costs, too much of a maniac in service of his vision. Remember, he initially bought bitcoin during the covid crash and concomitant massive money print upon his prescient realization that businesses providing goods and services couldn’t possibly keep pace with inflation over the long haul. He was merely playing defense to preserve his capital, and now, despite his sizable lead and secured position is still throwing forward passes in the fourth quarter rather than running out the clock and securing the W.

Saylor is now arguably less a bitcoin maximalist and advocate, articulately making the case for superior money and individual sovereignty, but a corporate titan hell-bent on world domination via apex-predator-status balance sheet. When is enough enough? Many of the greatest conquerors in history pushed their empires too far until they fractured. In fact, 25 years ago MSTR was a big winner before the dot-com crash during which its stock price and most of Saylor’s fortune were wiped out when he was sued by the SEC for accounting fraud (he subsequently settled).

Now it’s possible, he learned from that experience, got up off the mat and figured out how to avoid his youthful mistakes. But it’s also possible his character is such that he will repeat it again, only this time at scale.

But as I said, my base case is MSTR is a trillion-dollar market cap, and the stock runs in parallel with bitcoin’s ascendance over the next decade. Saylor has been https://www.strategy.com/, prescient, bold and responsible so far over this iteration. I view Mandell’s concerns as valid, but similar to Wall St’s ones about AMZN’s Jeff Bezos who relentlessly ignored their insistence on profitability for a decade as he plowed every dollar into building out productive capacity and turned the company into the $2T world-dominating retail giant it is now.

Again, I haven’t (yet) sold any of my shares or even call options. But because I posted about this in January I felt I should at least follow-up with a more detailed rundown of what I take to be the risks. As always, do your own due diligence with any prospective investment.

@ a396e36e:ec991f1c

Introduction

In recent years, the term "the new normal" has been used to describe a world reshaped by pandemic policies, inflationary economic measures, rising surveillance, and growing cultural compliance. For many, this phrase signals safety and adaptation. But for others, it marks an era of overreach and loss of personal autonomy. At the heart of the digital resistance to this new order stands an unlikely champion: Bitcoin.

More than a volatile investment or tech novelty, Bitcoin has become a tool of protest, a lifeline for dissidents, and a vehicle for economic sovereignty. As governments expand control over currencies, transactions, and narratives, Bitcoin's decentralized, censorship-resistant architecture offers a parallel path. This post explores how Bitcoin is used to challenge the core pillars of the new normal.

1. Pandemic-Era Restrictions and Bitcoin as a Lifeline

During the COVID-19 pandemic, governments worldwide implemented measures ranging from lockdowns to vaccine passports and mass surveillance. For many protestors, these policies were seen not as safety measures, but as infringements on civil liberties.

In Nigeria, during the #EndSARS protests against police brutality, bank accounts of organizers were frozen. Bitcoin became the fallback. Donations poured in through decentralized wallets, bypassing government censors. Similarly, in Canada’s 2022 Freedom Convoy, traditional fundraising platforms were blocked. Activists turned to Bitcoin, distributing funds peer-to-peer using QR codes, out of reach from centralized authority.

These examples underscore Bitcoin’s core strength: permissionless value transfer. No bank account, no ID, no government approval required. It provided activists with the means to continue their work even under financial siege.

1. Economic Collapse and the Return to Sound Money

The economic fallout from pandemic stimulus measures has been immense. In the U.S. alone, over $5 trillion in stimulus spending contributed to record-breaking inflation, eroding the purchasing power of fiat currencies. Central banks worldwide flooded markets with newly created money, leading to a global crisis of confidence in fiat.

Bitcoin offered an escape route. With its capped supply of 21 million coins and transparent monetary policy, it attracted investors, corporations, and citizens looking to hedge against inflation and financial mismanagement. In countries like Turkey, Argentina, and Venezuela, where national currencies collapsed, Bitcoin emerged as a digital safe haven.

More than a hedge, Bitcoin became a symbol of protest. Where governments printed wealth out of thin air, Bitcoiners opted out. For them, stacking sats (satoshis) wasn't just financial planning—it was civil disobedience against fiat excess.

1. CBDCs, Programmable Money, and the Case for Financial Autonomy

Central Bank Digital Currencies (CBDCs) are on the rise. Promoted as modern, efficient alternatives to cash, they also raise alarms for privacy advocates. Programmable money, expiration dates on stimulus funds, restrictions on purchases—these aren’t speculative fears. They’re openly discussed features.

Bitcoin offers the inverse: a financial system without surveillance, control, or gatekeeping. Unlike CBDCs, it is neutral, global, and governed by code, not political whim. Where CBDCs threaten to tether money to state approval, Bitcoin affirms the right to transact freely.

In this context, adopting Bitcoin is more than a tech choice. It’s a rejection of programmable compliance in favor of financial autonomy.

1. Censorship, Compliance Culture, and the Sovereign Individual

Beyond economics and health, the new normal is marked by growing censorship and behavioral control. From deplatforming to frozen bank accounts, those who dissent often find their financial access cut off.

Bitcoin resists this. It doesn’t care who you are, what you believe, or where you live. As long as you control your private keys, your funds are yours.

This neutrality makes Bitcoin a sanctuary for the politically persecuted, the economically excluded, and the privacy-conscious. It’s not about hiding—it’s about freedom by design. In a time when expressing the wrong opinion can cost you your livelihood, Bitcoin offers a parallel economy where your rights don’t expire when you disagree.

Conclusion

Bitcoin is not a panacea. It doesn’t guarantee utopia, and it's not immune to misuse. But in the context of expanding state power, algorithmic governance, and compliant culture, it stands out as one of the few tools that empowers individuals to say "no."

To use Bitcoin today is to engage in a subtle form of protest. It is to opt out of a system many see as rigged, to reclaim privacy, and to assert control over one’s economic life. For those resisting the new normal—not with slogans, but with actions—Bitcoin is not just code. It’s civil disobedience made digital.

@ 6ad3e2a3:c90b7740

When I was a kid, I wanted to be rich, but found the prospect of hard work tedious, pointless and soul-crushing. Instead of studying for exams, getting some job and clawing your way up the ladder, I wondered why we couldn’t just build a device that measured your brain capacity and awarded you the money you would have made had you applied yourself. Eliminate the middleman, so to speak, the useless paper pushing evoked by the word “career.”

But when you think about it, it’s not really money you’re after, as money is but purchasing power, and so it’s the things money can provide like a nice lifestyle and the peace of mind that comes from not worrying about it. And it’s not really the lifestyle or financial independence, per se, since moment to moment what’s in your bank account isn’t determining your mental state, but the feeling those things give you — a sense of expansiveness and freedom.

But if you did have such a machine, and it awarded you the money, you probably wouldn’t have that kind of expansiveness and freedom, especially if you did nothing to achieve those things. You would still feel bored, distracted and unsatisfied despite unrestricted means to travel or dine out as you saw fit. People who win the lottery, for example, tend to revert to their prior level of satisfaction in short order.

The feeling you really want then is the sense of rising to a challenge, negotiating and adapting to your environment, persevering in a state of uncertainty, tapping into your resourcefulness and creativity. It’s only while operating at the edge of your capacity you could ever be so fulfilled. In fact, in such a state the question of your satisfaction level would never come up. You wouldn’t even think to wonder about it you’d be so engrossed.

So what you really crave is a mind device that encourages you to adapt to your environment using your full creative capabilities in the present moment, so much so you realize if you do not do this, you have the sense of squandering your life in a tedious, pointless and soul-crushing way. You need to be totally stuck, without the option of turning back. In sum, you need to face reality exactly as it is, without any escape therefrom.

The measure of your mind in that case is your reality itself. The device is already with you — it’s the world you are presently creating with the consciousness you have, providing you avenues to escape, none of which are satisfactory, none that can lead to the state you truly desire. You have a choice to pursue them fruitlessly and wind up at square one, or to abandon them and attain your freedom. No matter how many times you go down a false road, you wind up at the same place until you give up on the Sisyphean task and proceed in earnest.

My childhood fantasy was real, it turns out, only I had misunderstood its meaning.

@ ec9bd746:df11a9d0

🌍 Time Window:

🕘 When: Every even week on Sunday at 9:00 PM CET
🗺️ Where: https://cornychat.com/eurocorn

Start: 21:00 CET (Prague, UTC+1)
End: approx. 02:00 CET (Prague, UTC+1, next day)
Duration: usually 5+ hours.

| Region | Local Time Window | Convenience Level | |-----------------------------------------------------|--------------------------------------------|---------------------------------------------------------| | Europe (CET, Prague) 🇨🇿🇩🇪 | 21:00–02:00 CET | ✅ Very Good; evening & night | | East Coast North America (EST) 🇺🇸🇨🇦 | 15:00–20:00 EST | ✅ Very Good; afternoon & early evening | | West Coast North America (PST) 🇺🇸🇨🇦 | 12:00–17:00 PST | ✅ Very Good; midday & afternoon | | Central America (CST) 🇲🇽🇨🇷🇬🇹 | 14:00–19:00 CST | ✅ Very Good; afternoon & evening | | South America West (Peru/Colombia PET/COT) 🇵🇪🇨🇴 | 15:00–20:00 PET/COT | ✅ Very Good; afternoon & evening | | South America East (Brazil/Argentina/Chile, BRT/ART/CLST) 🇧🇷🇦🇷🇨🇱 | 17:00–22:00 BRT/ART/CLST | ✅ Very Good; early evening | | United Kingdom/Ireland (GMT) 🇬🇧🇮🇪 | 20:00–01:00 GMT | ✅ Very Good; evening hours (midnight convenient) | | Eastern Europe (EET) 🇷🇴🇬🇷🇺🇦 | 22:00–03:00 EET | ✅ Good; late evening & early night (slightly late) | | Africa (South Africa, SAST) 🇿🇦 | 22:00–03:00 SAST | ✅ Good; late evening & overnight (late-night common) | | New Zealand (NZDT) 🇳🇿 | 09:00–14:00 NZDT (next day) | ✅ Good; weekday morning & afternoon | | Australia (AEDT, Sydney) 🇦🇺 | 07:00–12:00 AEDT (next day) | ✅ Good; weekday morning to noon | | East Africa (Kenya, EAT) 🇰🇪 | 23:00–04:00 EAT | ⚠️ Slightly late (night hours; late night common) | | Russia (Moscow, MSK) 🇷🇺 | 23:00–04:00 MSK | ⚠️ Slightly late (join at start is fine, very late night) | | Middle East (UAE, GST) 🇦🇪🇴🇲 | 00:00–05:00 GST (next day) | ⚠️ Late night start (midnight & early morning, but shorter attendance plausible)| | Japan/Korea (JST/KST) 🇯🇵🇰🇷 | 05:00–10:00 JST/KST (next day) | ⚠️ Early; convenient joining from ~07:00 onwards possible | | China (Beijing, CST) 🇨🇳 | 04:00–09:00 CST (next day) | ❌ Challenging; very early morning start (better ~07:00 onwards) | | India (IST) 🇮🇳 | 01:30–06:30 IST (next day) | ❌ Very challenging; overnight timing typically difficult|

---

@ 266815e0:6cd408a5

Hacking on a new obsidian plugin for publishing articles to nostr -- testing updates

Testing images

This should be replaced with a blossom URL

![[duck.jpg]]

Testing referencing other articles

This link should be broken [[Welcome]]

@ bbb5dda0:f09e2747

My week 19 started with a celebration of 80 years of liberation from the Germans (we love you guys now tho 🫶🏼). It feels conflicting, we're celebrating freedom, whilst cutting down those freedoms day by day more rapidly as time progresses. Should we still celebrate...?

The current path back to freedom can be mundane in the day to day but I wouldn't wanna have it any other way. These last couple weeks I've continued working on our TollGate pipelines to facilitate our release cycle, make it faster and easier to release in quick succession. There's been a lot of details to get right, because our releases are nostr based and once people start relying on the structure of the events we can't easily change it.

A TollGateOS release event now looks like this NIP-94 file metadata event:

json { "id": "a867f15ca7edc95a69e1557539a624466147584f68c62a16c47fe9bca3778312", "pubkey": "5075e61f0b048148b60105c1dd72bbeae1957336ae5824087e52efa374f8416a", "created_at": 1747475980, "kind": 1063, "tags": [ [ "url", "https://blossom.swissdash.site/9e5e8c48810a1b59cf10fa56486f311e048a0305eb58444992b6133fd19fcb3e.bin" ], [ "m", "application/octet-stream" ], [ "x", "9e5e8c48810a1b59cf10fa56486f311e048a0305eb58444992b6133fd19fcb3e" ], [ "ox", "9e5e8c48810a1b59cf10fa56486f311e048a0305eb58444992b6133fd19fcb3e" ], [ "architecture", "aarch64_cortex-a53" ], [ "device_id", "glinet_gl-mt3000" ], [ "supported_devices", "glinet,gl-mt3000 glinet,mt3000-snand" ], [ "openwrt_version", "24.10.1" ], [ "tollgate_os_version", "v0.0.2" ], [ "release_channel", "stable" ] ], "content": "TollGate OS Firmware for glinet_gl-mt3000", "sig": "1d050233428304685d202e954cb48714c800a7ca5f2d6a8d8fd657a775b9c51bf83364505311859c846e25098168a8ff309af2308712aafe634fcbdc96fcd84a" }

One of the missing links was the supported_devices tag. That is because the installer checks the device name by ssh-ing into the router and it returns the glinet,gl-mt3000 which doesn't properly translate into the device_id, which is what's used for compiling the OS. So this helps us to do the lookups and compatibility checks in the installer.

I also worked on: - getting the versioning of the tollgate-basic package's naming in line with the OpenWRT naming convention. - Rework versioning for dev builds into [branchname].[commit_height].[commit_hash] which will show up on the dev release_channel releases. - Getting an initial release of the tollgate-installer done, so we can easily flash a bunch of routers to become TollGates.

Bright minds in Prague

I met up with some bright minds from the space in Prague where @cobrador and i did a workshop on turning routers into TollGates and start earning sats. As is part of building things, things break and people make us aware of issues that we wouldn't foresee. Like for some reason Minibits cashu tokens being rejected, which is likely because of the memo's but we still need to dive into that issue.

Also we released [v0.0.2] of TollGate OS, which now includes an updater feature, again for faster release cycles. Currently we're focussing on getting a v0.0.3 out quickly with fixes for the user feedback we've gathered so far!

Receipt.Cash

I also, kind of unplanned, saw an opportunity to shill Receipt.Cash. I'd made a few improvements recently and it's ready enough for reckless people to try it out ;).

| | | | | | Payer Scans any fiat receipt & Share link with friends | Friends tap what they had, price is auto-converted to sats, then pay by Lightning or Cashu. | If you want to try it, BE CAREFUL! It is highly experimental and you might lose your sats, no refunds!

Source Code here.

@ 22aa8151:ae9b5954

With all the current hype around Payjoin for the month, I'm open-sourcing a project I developed five years ago: https://github.com/Kukks/PrivatePond

Note: this project is unmaintained and should only be used as inspiration.

Private Pond is a Bitcoin Payjoin application I built specifically to optimize Bitcoin transaction rails for services, such as  deposits, withdrawals, and automated wallet rebalancing.

The core concept is straightforward: withdrawals requested by users are queued and processed at fixed intervals, enabling traditional, efficient transaction batching. Simultaneously, deposits from other users can automatically batch these withdrawals via Payjoin batching, reducing them onchain footprint further. Taking it to the next step: a user's deposit is able to fund the withdrawals  with its own funds reducing the required operational liquidity in hot wallets through a process called the Meta Payjoin.

The application supports multiple wallets—hot, cold, multisig, or hybrid—with configurable rules, enabling automated internal fund management and seamless rebalancing based on operational needs such as min/max balance limits and wallet ratios (10% hot, 80% in 2-of-3, 10% in 1-of-2, etc) .

This system naturally leverages user Payjoin transactions as part of the automated rebalancing strategy, improving liquidity management by batching server operations with user interactions.

Private Pond remains quite possibly the most advanced Payjoin project today, though my multi-party addendum of 2023 probably competes. That said, Payjoin adoption overall has been disappointing: the incentives heavily favor service operators who must in turn actively encourage user participation, limiting its appeal only for specialized usage. This is why my efforts  refocused on systems like Wabisabi coinjoins, delivering not just great privacy but all the benefits of advanced Payjoin batching on a greater scale through output compaction.

Soon, I'll also open-source my prototype coinjoin protocol, Kompaktor, demonstrating significant scalability improvements, such as 50+ payments from different senders being compacted into a single Bitcoin output. And this is not even mentioning Ark, that pushes these concepts even further, giving insane scalability and asyncrhonous execution. 

You can take a look at the slides I did around this here: https://miro.com/app/board/uXjVL-UqP4g=/

Parts of Private Pond, the pending transfers and multisig, will soon be integrated into nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg 's next major release—special thanks to nostr:npub1j8y6tcdfw3q3f3h794s6un0gyc5742s0k5h5s2yqj0r70cpklqeqjavrvg for continuing the work and getting it to the finish line.

@ db11b320:05c5f7af

magnet:?xt=urn:btih:9BAC9A3F98803AEA1EB28A0B60A562D7E3779710

@ 3770c235:16042bcc

In recent years, a remarkable transformation has taken place in the way people view and utilize their homes. No longer confined to the four walls of traditional interior spaces, homeowners are increasingly turning their attention outward—toward their own backyards. The concept of outdoor living has evolved from mere patio furniture and barbecues to fully functional living environments, equipped with kitchens, entertainment systems, and even workspaces.

This growing trend is not just a design choice; it reflects changing lifestyles, shifting priorities, and a reimagining of what it means to feel at home. The rise of outdoor living is more than a fad—it's a movement, and it's here to stay.

**A Shift in Lifestyle and Values ** At the heart of the outdoor living boom is a deeper shift in how people value their time, environment, and personal space. The COVID-19 pandemic played a significant role in this evolution. Lockdowns and restrictions forced many to reassess their living situations, seeking ways to make the most of what they already had. The backyard, once overlooked, suddenly became a sanctuary—a space to breathe, gather, and escape the monotony of indoor life.

According to a 2021 study by the International Casual Furnishings Association, over 90% of Americans with outdoor living space report that it is more valuable to them than ever before, with nearly 60% saying they upgraded their outdoor spaces during the pandemic source.

This change in perception is not solely pandemic-related. There's a growing emphasis on wellness, mindfulness, and balance. People are looking to nature for inspiration and relaxation. Outdoor living spaces—be they modest balconies or expansive decks—allow homeowners to connect with nature without leaving the comfort of home.

Redefining the Backyard: From Playgrounds to Living Rooms

Traditionally, the backyard has served specific purposes—gardening, children’s play areas, maybe a grill tucked in the corner. Today, backyards are being reimagined as multi-functional extensions of the home.

1. Outdoor Kitchens and Dining Areas Once considered a luxury, outdoor kitchens have become increasingly common. With built-in grills, pizza ovens, refrigerators, sinks, and full countertops, these outdoor culinary spaces rival their indoor counterparts. The convenience of preparing and serving meals outside is matched by the social benefit: cooking becomes a shared experience.

2. Living and Lounge Areas Outdoor seating now goes far beyond foldable lawn chairs. Modular sectionals, fire pits, weather-resistant rugs, and even smart lighting have turned patios into legitimate living rooms under the sky. Some include mounted TVs, Bluetooth speakers, and retractable canopies or pergolas for all-weather comfort.

3. Work and Study Zones Remote work has blurred the boundaries between office and home. Now, it’s expanding into the outdoors. With Wi-Fi extenders, weather-protected furniture, and shade structures, backyards are becoming viable home office environments, perfect for Zoom calls with a natural backdrop.

4. Wellness Retreats From hot tubs and saunas to yoga decks and meditation gardens, outdoor spaces are being tailored to support wellness. These personal sanctuaries offer solitude and stress relief, all within the perimeter of one's property.

The Role of Technology and Innovation Modern outdoor spaces owe much of their versatility to advances in technology and materials. Weather-resistant fabrics, composite decking, solar lighting, and smart irrigation systems have all expanded what's possible in backyard design.

Smart home technology has also made its way outdoors. Lighting can be automated or voice-controlled. Outdoor speakers can be synced across zones. Even grills can be connected to apps that monitor cooking temperatures. These innovations allow outdoor living to be both luxurious and convenient, requiring minimal maintenance while offering maximum comfort.

**Economic Impact and Value Addition ** Investing in outdoor living isn't just about lifestyle—it’s also smart economics. Outdoor upgrades can significantly boost a home's resale value. A well-designed patio or outdoor kitchen can yield a return on investment (ROI) of up to 80%, according to the National Association of Realtors. In fact, data from Houzz shows that nearly 57% of homeowners are investing in their outdoor spaces specifically to increase resale value source.

This financial motivation has fueled demand for landscape architects, outdoor furniture designers, and construction professionals specializing in outdoor living projects. As a result, the industry surrounding outdoor enhancements—from pergola manufacturers to luxury fire pit designers—has seen exponential growth.

Environmental Considerations and Sustainability As outdoor living becomes more popular, so does the demand for environmentally conscious design. Homeowners are increasingly incorporating sustainable elements into their outdoor plans, including: • Native plant landscaping: Reduces water usage and supports local ecosystems. • Rainwater harvesting systems: Collect and store rain for garden irrigation. • Solar-powered lighting: Minimizes energy consumption while maximizing ambiance. • Permeable paving materials: Reduce runoff and promote groundwater recharge. Green living isn't just a buzzword—it’s influencing how people design their outdoor sanctuaries. Eco-conscious homeowners are prioritizing sustainability as much as aesthetics, ensuring their outdoor spaces are in harmony with nature, not in conflict with it.

The Social Connection

Outdoor living also taps into our basic need for connection. From summer barbecues to cozy firepit gatherings, the backyard is an ideal setting for meaningful social interactions. During a time when indoor gatherings have been restricted or limited, outdoor spaces have offered a safer, more accessible alternative.

Community ties can also be strengthened through outdoor living. In urban settings, rooftop terraces or shared gardens create communal spaces for neighbors to engage, collaborate, and unwind. For families, these outdoor extensions offer a way to spend quality time together—whether through games, meals, or simply enjoying the open air. For individuals, they provide a space to recharge, free from the digital and physical clutter of indoor life.

Customization and Personalization

One of the most appealing aspects of outdoor living is the high degree of customization available. Unlike interior spaces that may be limited by architectural constraints, outdoor areas can often be more flexible in layout and design.

Homeowners can craft outdoor environments that reflect their personalities and values: • The entertainer may opt for a bar area, ambient lighting, and surround sound. • The minimalist might choose clean lines, neutral tones, and eco-friendly materials. • The nature-lover may emphasize greenery, water features, and natural textures. DIY options also abound, allowing for creative freedom and budget-friendly upgrades. Raised garden beds, handmade furniture, repurposed materials, and vertical planters give individuals the opportunity to leave their personal mark on the space.

The Influence of Global Design Trends Outdoor living isn’t confined to North America. Around the world, cultures have long embraced outdoor spaces—from Japanese zen gardens to Mediterranean courtyards. The current global design conversation draws inspiration from a variety of traditions and climates.

Scandinavian principles of simplicity and functionality influence clean-lined, open-air designs, while tropical resorts have inspired lush, greenery-filled retreats in suburban settings. The blending of international styles enables homeowners to create outdoor spaces that are both eclectic and functional.

Looking Ahead: The Future of Outdoor Living The trajectory of outdoor living points to continued growth, innovation, and integration. Here are some trends likely to define the next decade:

1. Year-Round Use With heating lamps, insulated pergolas, and all-weather furniture, outdoor spaces are becoming viable in all seasons. Expect to see more designs tailored for winter, including hot tubs, enclosed lounges, and warm lighting features.
2. Outdoor Smart Hubs Technology will play an even greater role, with integrated outdoor control systems for lighting, security, irrigation, and entertainment—managed through a single device or app.
3. Edible Landscaping Gardens will not only be for beauty but also for sustenance. Raised vegetable beds, fruit trees, and herb walls will become staples in functional outdoor design.
4. Modular Design Portable and adaptable elements like movable walls, foldable furniture, and hybrid indoor-outdoor structures will offer more flexibility, especially in smaller spaces.
5. Wellness Integration Expect an even stronger emphasis on health and well-being—cold plunge pools, outdoor gyms, meditation pods, and immersive natural soundscapes will take center stage.

---

Conclusion The rise of outdoor living is not just a design phenomenon—it’s a cultural shift. Homeowners are recognizing the value of outdoor spaces as extensions of their identities, routines, and dreams. Whether it's a serene garden, a vibrant entertainment hub, or a cozy work nook, the backyard is being redefined as a vital part of the home. In a world that often feels fast-paced and digitally overloaded, outdoor living offers a much-needed antidote: space to breathe, relax, connect, and thrive. It’s about more than upgrading the home—it’s about enhancing the human experience. As this trend continues to evolve, one thing is clear: the best room in the house may not be inside at all.

@ 472f440f:5669301e

Marty's Bent

via me

Don't sleep on what's happening in Japan right now. We've been covering the country and the fact that they've lost control of their yield curve since late last year. After many years of making it a top priority from a monetary policy perspective, last year the Bank of Japan decided to give up on yield curve control in an attempt to reel inflation. This has sent yields for the 30-year and 40-year Japanese government bonds to levels not seen since the early 2000s in the case of the 30-year and levels never before seen for the 40-year, which was launched in 2007. With a debt to GDP ratio that has surpassed 250% and a population that is aging out with an insufficient amount of births to replace the aging workforce, it's hard to see how Japan can get out of this conundrum without some sort of economic collapse.

This puts the United States in a tough position considering the fact that Japan is one of the largest holders of U.S. Treasury bonds with more than 1,135 sats | $1.20 trillion in exposure. If things get too out of control in Japan and the yield curve continues to drift higher and inflation continues to creep higher Japan can find itself in a situation where it's a forced seller of US Treasuries as they attempt to strengthen the yen. Another aspect to consider is the fact that investors may see the higher yields on Japanese government bonds and decide to purchase them instead of US Treasuries. This is something to keep an eye on in the weeks to come. Particularly if higher rates drive a higher cost of capital, which leads to even more inflation. As producers are forced to increase their prices to ensure that they can manage their debt repayments.

It's never a good sign when the Japanese Prime Minister is coming out to proclaim that his country's financial situation is worse than Greece's, which has been a laughing stock of Europe for the better part of three decades. Japan is a very proud nation, and the fact that its Prime Minister made a statement like this should not be underappreciated.

As we noted last week, the 10-year and 30-year U.S. Treasury bonds are drifting higher as well. Earlier today, the 30-year bond yield surpassed 5%, which has been a psychological level that many have been pointed to as a critical tipping point. When you take a step back and look around the world it seems pretty clear that bond markets are sending a very strong signal. And that signal is that something is not well in the back end of the financial system.

This is even made clear when you look at the private sector, particularly at consumer debt. In late March, we warned of the growing trend of buy now, pay later schemes drifting down market as major credit card companies released charge-off data which showed charge-off rates reaching levels not seen since the 2008 great financial crisis. At the time, we could only surmise that Klarna was experiencing similar charge-off rates on the bigger-ticket items they financed and started doing deals with companies like DoorDash to finance burrito deliveries in an attempt to move down market to finance smaller ticket items with a higher potential of getting paid back. It seems like that inclination was correct as Klarna released data earlier today showing more losses on their book as consumers find it extremely hard to pay back their debts.

via NewsWire

This news hit the markets on the same day as the average rate of the 30-year mortgage in the United States rose to 7.04%. I'm not sure if you've checked lately, but real estate prices are still relatively elevated outside of a few big cities who expanded supply significantly during the COVID era as people flooded out of blue states towards red states. It's hard to imagine that many people can afford a house based off of sticker price alone, but with a 7% 30-year mortgage rate it's becoming clear that the ability of the Common Man to buy a house is simply becoming impossible.

via Lance Lambert

The mortgage rate data is not the only thing you need to look at to understand that it's becoming impossible for the Common Man of working age to buy a house. New data has recently been released that highlights That the median home buyer in 2007 was born in 1968, and the median home buyer in 2024 was born in 1968. Truly wild when you think of it. As our friend Darth Powell cheekily highlights below, we find ourselves in a situation where boomers are simply trading houses and the younger generations are becoming indentured slaves. Forever destined to rent because of the complete inability to afford to buy a house.

via Darth Powell

via Yahoo Finance

Meanwhile, Bitcoin re-approached all-time highs late this evening and looks primed for another breakout to the upside. This makes sense if you're paying attention. The high-velocity trash economy running on an obscene amount of debt in both the public and private sectors seems to be breaking at the seams. All the alarm bells are signaling that another big print is coming. And if you hope to preserve your purchasing power or, ideally, increase it as the big print approaches, the only thing that makes sense is to funnel your money into the hardest asset in the world, which is Bitcoin.

via Bitbo

Buckle up, freaks. It's gonna be a bumpy ride. Stay humble, Stack Sats.

Trump's Middle East Peace Strategy: Redefining U.S. Foreign Policy

In his recent Middle East tour, President Trump signaled what our guest Dr. Anas Alhajji calls "a major change in US policy." Trump explicitly rejected the nation-building strategies of his predecessors, contrasting the devastation in Afghanistan and Iraq with the prosperity of countries like Saudi Arabia and UAE. This marks a profound shift from both Republican and Democratic foreign policy orthodoxy. As Alhajji noted, Trump's willingness to meet with Syrian President Assad follows a historical pattern where former adversaries eventually become diplomatic partners.

"This is really one of the most important shifts in US foreign policy to say, look, sorry, we destroyed those countries because we tried to rebuild them and it was a big mistake." - Dr. Anas Alhajji

The administration's new approach emphasizes negotiation over intervention. Rather than military solutions, Trump is engaging with groups previously considered off-limits, including the Houthis, Hamas, and Iran. This pragmatic stance prioritizes economic cooperation and regional stability over ideological confrontation. The focus on trade deals and investment rather than regime change represents a fundamental reimagining of America's role in the Middle East.

Check out the full podcast here for more on the Iran nuclear situation, energy market predictions, and why AI development could create power grid challenges. Only on TFTC Studio.

Headlines of the Day

Bitcoin Soars to 100,217 sats | $106.00K While Bonds Lose 40% Since 2020 - via X

US Senate Advances Stablecoin Bill As America Embraces Bitcoin - via X

Get our new STACK SATS hat - via tftcmerch.io

Texas House Debates Bill For State-Run Bitcoin Reserve - via X

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Final thought...

Don't let the noise consume you. Focus on making your life 1% better every day.

---

Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ 0d6c8388:46488a33

Huge thank you to OpenSats for the grant to work on Hypernote this year! I thought I'd take this opportunity to try and share my thought processes for Hypernote. If this all sounds very dense or irrelevant to you I'm sorry!

===

How can the ideas of "hypermedia" benefit nostr? That's the goal of hypernote. To take the best ideas from "hypertext" and "hypercard" and "hypermedia systems" and apply them to nostr in a specifically nostr-ey way.

1. What do we mean by hypermedia

A hypermedia document embeds the methods of interaction (links, forms, and buttons are the most well-known hypermedia controls) within the document itself. It's including the how with the what.

This is how the old web worked. An HTML page was delivered to the web browser, and it included in it a link or perhaps a form that could be submitted to obtain a new, different HTML page. This is how the whole web worked early on! Forums and GeoCities and eBay and MySpace and Yahoo! and Amazon and Google all emerged inside this paradigm.

A web browser in this paradigm was a "thin" client which rendered the "thick" application defined in the HTML (and, implicitly, was defined by the server that would serve that HTML).

Contrast this with modern app development, where the what is usually delivered in the form of JSON, and then HTML combined with JavaScript (React, Svelte, Angular, Vue, etc.) is devised to render that JSON as a meaningful piece of hypermedia within the actual browser, the how.

The browser remains a "thin" client in this scenario, but now the application is delivered in two stages: a client application of HTML and JavaScript, and then the actual JSON data that will hydrate that "application".

(Aside: it's interesting how much "thicker" the browser has had to become to support this newer paradigm!)

Nostr was obviously built in line with the modern paradigm: nostr "clients" (written in React or Svelte or as mobile apps) define the how of reading and creating nostr events, while nostr events themselves (JSON data) simply describe the what.

And so the goal with Hypernote is to square this circle somehow: nostr currently delivers JSON what, how do we deliver the how with nostr as well. Is that even possible?

2. Hypernote's design assumptions

Hypernote assumes that hypermedia over nostr is a good idea! I'm expecting some joyful renaissance of app expression similar to that of the web once we figure out how to express applications in a truly "nostr" way.

Hypernote was also deeply inspired by HTMX, so it assumes that building web apps in the HTMX style is a good idea. The HTMX insight is that instead of shipping rich scripting along with your app, you could simply make HTML a tiny bit more expressive and get 95% of what most apps need. HTMX's additions to the HTML language are designed to be as minimal and composable as possible, and Hypernote should have the same aims.

Hypernote also assumes that the "design" of nostr will remain fluid and anarchic for years to come. There will be no "canonical" list of "required" NIPs that we'll have "consensus" on in order to build stable UIs on top of. Hypernote will need to be built responsive to nostr's moods and seasons, rather than one holy spec.

Hypernote likes the nak command line tool. Hypernote likes markdown. Hypernote likes Tailwind CSS. Hypernote likes SolidJS. Hypernote likes cold brew coffee. Hypernote is, to be perfectly honest, my aesthetic preferences applied to my perception of an opportunity in the nostr ecosystem.

3. "What's a hypernote?"

Great question. I'm still figuring this out. Everything right now is subject to change in order to make sure hypernote serves its intended purpose.

But here's where things currently stand:

A hypernote is a flat list of "Hypernote Elements". A Hypernote Element is composed of:

1. CONTENT. Static or dynamic content. (the what)
2. LOGIC. Filters and events (the how)
3. STYLE. Optional, inline style information specific to this element's content.

In the most basic example of a hypernote story, here's a lone "edit me" in the middle of the canvas:

{ "id": "fb4aaed4-bf95-4353-a5e1-0bb64525c08f", "type": "text", "text": "edit me", "x": 540, "y": 960, "size": "md", "color": "black" }

As you can see, it has no logic, but it does have some content (the text "edit me") and style (the position, size, and color).

Here's a "sticker" that displays a note:

{ "id": "2cd1ef51-3356-408d-b10d-2502cbb8014e", "type": "sticker", "stickerType": "note", "filter": { "kinds": [ 1 ], "ids": [ "92de77507a361ab2e20385d98ff00565aaf3f80cf2b6d89c0343e08166fed931" ], "limit": 1 }, "accessors": [ "content", "pubkey", "created_at" ], "x": 540, "y": 960, "associatedData": {} }

As you can see, it's kind of a mess! The content and styling and underdeveloped for this "sticker", but at least it demonstrates some "logic": a nostr filter for getting its data.

Here's another sticker, this one displays a form that the user can interact with to SEND a note. Very hyper of us!

{ "id": "42240d75-e998-4067-b8fa-9ee096365663", "type": "sticker", "stickerType": "prompt", "filter": {}, "accessors": [], "x": 540, "y": 960, "associatedData": { "promptText": "What's your favorite color?" }, "methods": { "comment": { "description": "comment", "eventTemplate": { "kind": 1111, "content": "${content}", "tags": [ [ "E", "${eventId}", "", "${pubkey}" ], [ "K", "${eventKind}" ], [ "P", "${pubkey}" ], [ "e", "${eventId}", "", "${pubkey}" ], [ "k", "${eventKind}" ], [ "p", "${pubkey}" ] ] } } } }

It's also a mess, but it demos the other part of "logic": methods which produce new events.

This is the total surface of hypernote, ideally! Static or dynamic content, simple inline styles, and logic for fetching and producing events.

I'm calling it "logic" but it's purposfully not a whole scripting language. At most we'll have some sort of jq-like language for destructing the relevant piece of data we want.

My ideal syntax for a hypernote as a developer will look something like

```foo.hypernote Nak-like logic

Markdown-like content

CSS-like styles ```

But with JSON as the compile target, this can just be my own preference, there can be other (likely better!) ways of authoring this content, such as a Hypernote Stories GUI.

The end

I know this is all still vague but I wanted to get some ideas out in the wild so people understand the through line of my different Hypernote experiments. I want to get the right amount of "expressivity" in Hypernote before it gets locked down into one spec. My hunch is it can be VERY expressive while remaining simple and also while not needing a whole scripting language bolted onto it. If I can't pull it off I'll let you know.

@ 6b3780ef:221416c8

This workshop will guide you through exploring the concepts behind MCP servers and how to deploy them as DVMs in Nostr using DVMCP. By the end, you'll understand how these systems work together and be able to create your own deployments.

Understanding MCP Systems

MCP (Model Context Protocol) systems consist of two main components that work together:

1. MCP Server: The heart of the system that exposes tools, which you can access via the .listTools() method.
2. MCP Client: The interface that connects to the MCP server and lets you use the tools it offers.

These servers and clients can communicate using different transport methods:

• Standard I/O (stdio): A simple local connection method when your server and client are on the same machine.
• Server-Sent Events (SSE): Uses HTTP to create a communication channel.

For this workshop, we'll use stdio to deploy our server. DVMCP will act as a bridge, connecting to your MCP server as an MCP client, and exposing its tools as a DVM that anyone can call from Nostr.

Creating (or Finding) an MCP Server

Building an MCP server is simpler than you might think:

1. Create software in any programming language you're comfortable with.
2. Add an MCP library to expose your server's MCP interface.
3. Create an API that wraps around your software's functionality.

Once your server is ready, an MCP client can connect, for example, with bun index.js, and then call .listTools() to discover what your server can do. This pattern, known as reflection, makes Nostr DVMs and MCP a perfect match since both use JSON, and DVMs can announce and call tools, effectively becoming an MCP proxy.

Alternatively, you can use one of the many existing MCP servers available in various repositories.

For more information about mcp and how to build mcp servers you can visit https://modelcontextprotocol.io/

Setting Up the Workshop

Let's get hands-on:

First, to follow this workshop you will need Bun. Install it from https://bun.sh/. For Linux and macOS, you can use the installation script:

curl -fsSL https://bun.sh/install | bash

1. Choose your MCP server: You can either create one or use an existing one.

2. Inspect your server using the MCP inspector tool: bash npx @modelcontextprotocol/inspector build/index.js arg1 arg2 This will:

3. Launch a client UI (default: http://localhost:5173)
4. Start an MCP proxy server (default: port 3000)

5. Pass any additional arguments directly to your server

6. Use the inspector: Open the client UI in your browser to connect with your server, list available tools, and test its functionality.

Deploying with DVMCP

Now for the exciting part – making your MCP server available to everyone on Nostr:

1. Navigate to your MCP server directory.

2. Run without installing (quickest way): npx @dvmcp/bridge

3. Or install globally for regular use: npm install -g @dvmcp/bridge # or bun install -g @dvmcp/bridge Then run using: bash dvmcp-bridge

This will guide you through creating the necessary configuration.

Watch the console logs to confirm successful setup – you'll see your public key and process information, or any issues that need addressing.

For the configuration, you can set the relay as wss://relay.dvmcp.fun , or use any other of your preference

Testing and Integration

1. Visit dvmcp.fun to see your DVM announcement.
2. Call your tools and watch the responses come back.

For production use, consider running dvmcp-bridge as a system service or creating a container for greater reliability and uptime.

Integrating with LLM Clients

You can also integrate your DVMCP deployment with LLM clients using the discovery package:

1. Install and use the @dvmcp/discovery package: bash npx @dvmcp/discovery

2. This package acts as an MCP server for your LLM system by:

3. Connecting to configured Nostr relays
4. Discovering tools from DVMCP servers

5. Making them available to your LLM applications

6. Connect to specific servers or providers using these flags: ```bash # Connect to all DVMCP servers from a provider npx @dvmcp/discovery --provider npub1...

# Connect to a specific DVMCP server npx @dvmcp/discovery --server naddr1... ```

Using these flags, you wouldn't need a configuration file. You can find these commands and Claude desktop configuration already prepared for copy and paste at dvmcp.fun.

This feature lets you connect to any DVMCP server using Nostr and integrate it into your client, either as a DVM or in LLM-powered applications.

Final thoughts

If you've followed this workshop, you now have an MCP server deployed as a Nostr DVM. This means that local resources from the system where the MCP server is running can be accessed through Nostr in a decentralized manner. This capability is powerful and opens up numerous possibilities and opportunities for fun.

You can use this setup for various use cases, including in a controlled/local environment. For instance, you can deploy a relay in your local network that's only accessible within it, exposing all your local MCP servers to anyone connected to the network. This setup can act as a hub for communication between different systems, which could be particularly interesting for applications in home automation or other fields. The potential applications are limitless.

However, it's important to keep in mind that there are security concerns when exposing local resources publicly. You should be mindful of these risks and prioritize security when creating and deploying your MCP servers on Nostr.

Finally, these are new ideas, and the software is still under development. If you have any feedback, please refer to the GitHub repository to report issues or collaborate. DVMCP also has a Signal group you can join. Additionally, you can engage with the community on Nostr using the #dvmcp hashtag.

Useful Resources

• Official Documentation:
• Model Context Protocol: modelcontextprotocol.org

• DVMCP.fun: dvmcp.fun

• Source Code and Development:

• DVMCP: github.com/gzuuus/dvmcp

• DVMCP.fun: github.com/gzuuus/dvmcpfun

• MCP Servers and Clients:

• Smithery AI: smithery.ai
• MCP.so: mcp.so

• Glama AI MCP Servers: glama.ai/mcp/servers

• Signal group

Happy building!

@ 88cc134b:5ae99079

content

nostr:nevent1qvzqqqqqqypzpkygz22lv3pdey6gr7ygmk67wjh24hdvj3t797mm6z0x3ax4erdhqqsdxy48qm3tces0tu90shwltcg20zsprejkahklwftpzyhytcf32tc9sm779

@ 1bda7e1f:bb97c4d9

Tldr

• Nostr is a new open social protocol for the internet
• You can use it to create your own online community website/app for your users
• This needs only a few simple components that are free and open source
• Jumble.Social client is a front-end for showing your community content to your users
• Simple With Whitelist relay (SW2) is a back-end with simple auth for your community content
• In this blog I explain the components and set up a online community website/app that any community or company can use for their own users, for free.

You Can Run Your Own Private "X" For Free

Nostr is a new open social protocol for the internet. Because it is a protocol it is not controlled by any one company, does not reside on any one set of servers, does not require any licenses, and no one can stop you from using it however you like.

When the name Nostr is recognised, it is as a "Twitter/X alternative" – that is an online open public forum. Nostr is more than just this. The open nature of the protocol means that you can use it however you feel like, including that you can use it for creating your own social websites to suit whatever goals you have – anything from running your own team collaboration app, to running your own online community.

Nostr can be anything – not just an alternative to X, but also to Slack, Teams, Discord, Telegram (etc) – any kind of social app you'd like to run for your users can be run on Nostr.

In this blog I will show you how to launch your own community website, for your community members to use however they like, with low code, and for free.

Simple useful components

Nostr has a few simple components that work together to provide your experience –

• Your "client" – an app or a website front-end that you log into, which displays the content you want to see
• Your "relay" – a server back-end which receives and stores content, and sends it to clients
• Your "user" – a set of keys which represents a user on the network,
• Your "content" – any user content created and signed by a user, distributed to any relay, which can be picked up and viewed by any client.

It is a pattern that is used by every other social app on the internet, excepting that in those cases you can usually only view content in their app, and only post your content to their server.

Vs with Nostr where you can use any client (app) and any relay (server), including your own.

This is defined as a standard in NIP-01 which is simple enough that you can master it in a weekend, and with which you can build any kind of application.

The design space is wide open for anyone to build anything–

• Clones of Twitter, Instagram, Telegram, Medium, Twitch, etc,
• Whole new things like Private Ephemeral Messengers, Social Podcasting Apps, etc,
• Anything else you can dream up, like replacements for B2B SaaS or ERP systems.

Including that you can set up and run your own "X" for your community.

Super powers for –private– social internet

When considering my use of social internet, it is foremost private not public. Email, Whatsapp, Slack, Teams, Discord, Telegram (etc), are all about me, as a user, creating content for a selected group of individuals – close friends, colleagues, community members – not the wider public.

This private social internet is crying out for the kind of powers that Nostr provides. The list of things that Nostr solves for private social internet goes on-and-on.

Let me eat my own dog food for a moment.

• I am a member of a community of technology entrepreneurs with an app for internal community comms. The interface is not fit for this purpose. Good content gets lost. Any content created within the walled kingdom cannot be shared externally. Community members cannot migrate to a different front-end, or cross-post to public social channels.
• I am a member of many communities for kids social groups, each one with a different application and log in. There is no way to view a consolidated feed. There is no way to send one message to many communities, or share content between them. Remembering to check every feed separately is a drag.
• I am a member of a team with an app for team comms. It costs $XXX per user per month where it should be free. I can't self-host. I can't control or export my data. I can't make it interoperate natively with other SaaS. All of my messages probably go to train a Big Co AI without my consent.

In each instance "Nostr fixes this."

Ready now for low-code admins

To date Nostr has been best suited to a more technical user. To use the Nostr protocol directly has been primarily a field of great engineers building great foundations.

IMO these foundations are built. They are open source, free to use, and accessible for anyone who wants to create an administer their own online community, with only low code required.

To prove it, in this blog I will scratch my own itch. I need a X / Slack / Teams alternative to use with a few team members and friends (and a few AIs) as we hack on establishing a new business idea.

I will set this up with Nostr using only open source code, for free.

Designing the Solution

I am mostly non-technical with helpful AI. To set up your own community website in the style of X / Slack / Teams should be possible for anyone with basic technology skills.

• I have a cheap VPS which currently runs some other unrelated Nostr projects in Docker containers,
• My objective was to set up and run my own community website for my own team use, in Docker, hosted on my own server.

User requirements

What will I want from a community website?

• I want my users to be able to log into a website and post content,
• I want to save that content to a server I control accessed only be people I authorise,
• I want my users to view only that content by default, and not be exposed to any wider public social network unless they knowingly select that,
• I want my user's content to be either:
• a) viewable only by other community members (i.e. for internal team comms), or
• b) by the wider public (i.e. for public announcements), at the user's discretion.
• I want it to be open source so that other people maintain the code for me,
• I want it for free.

Nostr solutions

To achieve this with Nostr, I'll need to select some solutions "a-la carte" for each of the core components of the network.

• A client – For my client, I have chosen Jumble. Jumble is a free open-source client by Cody Tseng, available free on Github or at Jumble.social. I have chosen Jumble because it is a "relay-centric" client. In key spots the user interface highlights for the user what relay they are viewing, and what relay they are posting to. As a result, it is a beautiful fit for me to use as the home of all my community content.
• A relay – For my relay, I have chosen Simple With Whitelist (SW2). SW2 is a free open-source relay by Utxo The Webmaster, based on Khatru by Fiatjaf, available free on Github. I have chosen SW2 because it allows for very simple configuration of user auth. Users can be given read access to view notes, and write access to post notes within simple config.json files. This allows you to keep community content private or selectively share it in a variety of ways. Per the Nostr protocol, your client will connect with your relay via websocket.
• A user sign-up flow – Jumble has a user sign-up flow using Nstart by Fiatjaf, or as an admin I can create and provision my own users with any simple tool like NAK or Nostrtool.
• A user content flow – Jumble has a user content flow that can post notes to selected relays of the users choice. Rich media is uploaded to free third-party hosts like Nostr.build, and in the future there is scope to self-host this too.

With each of these boxes ticked I'm ready to start.

Launching a Private Community Website with Jumble and SW2

Install your SW2 relay

The relay is the trickiest part, so let's start there. SW2 is my Nostr relay software of choice. It is a Go application and includes full instructions for Go install. However, I prefer Docker, so I have built a Docker version and maintain a Docker branch here.

1 – In a terminal clone the repo and checkout the Docker branch

git clone https://github.com/r0d8lsh0p/sw2.git cd sw2 git checkout docker

2 – Set up the environment variables

These are specified in the readme. Duplicate the example .env file and fill it with your variables.

cp .env.example .env

For me this .env file was as follows–

```

Relay Metadata

RELAY_NAME="Tbdai relay" RELAY_PUBKEY="ede41352397758154514148b24112308ced96d121229b0e6a66bc5a2b40c03ec" RELAY_DESCRIPTION="An experimental relay for some people and robots working on a TBD AI project." RELAY_URL="wss://assistantrelay.rodbishop.nz" RELAY_ICON="https://image.nostr.build/44654201843fc0f03e9a72fbf8044143c66f0dd4d5350688db69345f9da05007.jpg" RELAY_CONTACT="https://rodbishop.nz" ```

3 – Specify who can read and write to the relay

This is controlled by two config files read_whitelist.json and write_whitelist.json.

• Any user with their pubkey in the read_whitelist can read notes posted to the relay. If empty, anyone can read.
• Any user with their pubkey in the write_whitelist can post notes to the relay. If empty, anyone can write.

We'll get to creating and authorising more users later, for now I suggest to add yourself to each whitelist, by copying your pubkey into each JSON file. For me this looks as follows (note, I use the 'hex' version of the pubkey, rather than the npub)–

{ "pubkeys": [ "1bda7e1f7396bda2d1ef99033da8fd2dc362810790df9be62f591038bb97c4d9" ] }

If this is your first time using Nostr and you don't yet have any user keys, it is easy and free to get one. You can get one from any Nostr client like Jumble.social, any tool like NAK or nostrtool.com or follow a comprehensive guide like my guide on mining a Nostr key.

4 – Launch your relay

If you are using my Docker fork from above, then–

docker compose up

Your relay should now be running on port 3334 and ready to accept web socket connections from your client.

Before you move on to set up the client, it's helpful to quickly test that it is running as expected.

5 – Test your websocket connection

For this I use a tool called wscat to make a websocket connection.

You may need to install wscat, e.g.

npm install -g wscat

And then run it, e.g.

wscat -c ws://localhost:3334

(note use ws:// for localhost, rather than wss://).

If your relay is working successfully then it should receive your websocket connection request and respond with an AUTH token, asking you to identify yourself as a user in the relay's read_whitelist.json (using the standard outlined in NIP-42), e.g.

``` Connected (press CTRL+C to quit) < ["AUTH","13206fea43ef2952"]

```

You do not need to authorise for now.

If you received this kind of message, your relay is working successfully.

Set a subdomain for your relay

Let's connect a domain name so your community members can access your relay.

1 – Configure DNS

At a high level –

1. Get your domain (buy one if you need to)
2. Get the IP address of your VPS
3. In your domain's DNS settings add those records as an A record to the subdomain of your choice, e.g. relay as in relay.your_domain_name.com, or in my case assistantrelay.rodbishop.nz

Your subdomain now points to your server.

2 – Configure reverse proxy

You need to redirect traffic from your subdomain to your relay at port 3334.

On my VPS I use Caddy as a reverse proxy for a few projects, I have it sitting in a separate Docker network. To use it for my SW2 Relay required two steps.

First – I added configuration to Caddy's Caddyfile to tell it what to do with requests for the relay.your_domain_name.com subdomain. For me this looked like–

assistantrelay.rodbishop.nz { reverse_proxy sw2-relay:3334 { # Enable WebSocket support header_up X-Forwarded-For {remote} header_up X-Forwarded-Proto {scheme} header_up X-Forwarded-Port {server_port} } }

Second – I added the Caddy Docker network to the SW2 docker-compose.yml to make it be part of the Caddy network. In my Docker branch, I provide this commented section which you can uncomment and use if you like.

``` services: relay: ... relay configuration here ...

networks:

- caddy # Connect to a Caddy network for reverse proxy

networks:

caddy:

external: true # Connect to a Caddy network for reverse proxy

```

Your relay is now running at your domain name.

Run Jumble.social

Your client set up is very easy, as most heavy lifting is done by your relay. My client of choice is Jumble because it has features that focus the user experience on the community's content first. You have two options for running Jumble.

1. Run your own local copy of Jumble by cloning the Github (optional)
2. Use the public instance at Jumble.social (easier, and what we'll do in this demo)

If you (optionally) want to run your own local copy of Jumble:

git clone https://github.com/CodyTseng/jumble.git cd jumble npm install npm run dev

For this demo, I will just use the public instance at http://jumble.social

Jumble has a very helpful user interface for set up and configuration. But, I wanted to think ahead to onboarding community members, and so instead I will do some work up front in order to give new members a smooth onboarding flow that I would suggest for an administrator to use in onboarding their community.

1 – Create a custom landing page URL for your community members to land on

When your users come to your website for the first time, you want them to get your community experience without any distraction. That will either be–

1. A prompt to sign up or login (if only authorised users can read content)
2. The actual content from your other community members (If all users can read content)

Your landing page URL will look like: http://jumble.social/?r=wss://relay.your_domain_name.com

• http://jumble.social/ – the URL of the Jumble instance you are using
• ?r= – telling Jumble to read from a relay
• wss:// – relays connect via websocket using wss, rather than https
• relay.your_domain_name.com – the domain name of your relay

For me, this URL looks like http://jumble.social/?r=wss://assistantrelay.rodbishop.nz

2 – Visit your custom Jumble URL

This should load the landing page of your relay on Jumble.

In the background, Jumble has attempted to establish a websocket connection to your relay.

If your relay is configured with read authentication, it has sent a challenge to Jumble asking your user to authenticate. Jumble, accordingly should now be showing you a login screen, asking your user to login.

3 – Login or Sign Up

You will see a variety of sign up and login options. To test, log in with the private key that you have configured to have read and write access.

In the background, Jumble has connected via websocket to your relay, checked that your user is authorised to view notes, and if so, has returned all the content on the relay. (If this is your first time here, there would not be any content yet).

If you give this link to your users to use as their landing page, they will land, login, and see only notes from members of your community.

4– Make your first post to your community

Click the "post" button and post a note. Jumble offers you the option to "Send only to relay.your_domain_name.com".

• If set to on, then Jumble will post the note only to your relay, no others. It will also include a specific tag (the "-" tag) which requests relays to not forward the note across the network. Only your community members viewing notes on your community relay can see it.
• If set to off, then Jumble will post the note to your relay and also the wider public Nostr network. Community members viewing notes on the relay can see it, and so can any user of the wider Nostr network.

5– Optional, configure your relay sets

At the top of the screen you should now see a dropdown with the URL of your relay.

Each user can save this relay to a "relay set" for future use, and also view, add or delete other relays sets including some sets which Jumble comes with set up by default.

As an admin you can use this to give users access to multiple relays. And, as a user, you can use this to access posts from multiple different community relays, all within the one client.

Your community website is up and running

That is the basic set up completed.

• You have a website where your community members can visit a URL to post notes and view all notes from all other members of the community.
• You have basic administration to enforce your own read and write permissions very simply in two json files.

Let's check in with my user requirements as a community admin–

• My community is saving content to a server where I control access
• My users view only that content by default, and are not exposed to any wider public social network unless they knowingly select that
• My user's content is a) viewable only by other community members, or b) by the wider public, at the user's discretion
• Other people are maintaining the code for me
• It's free

This setup has scope to solve my dog fooding issues from earlier–

• If adopted, my tech community can iterate the interface to suit its needs, find great content, and share content beyond the community.
• If adopted, my kids social groups can each have their own relays, but I can post to all of them together, or view a consolidated feed.
• If adopted, my team can chat with each other for free. I can self host this. It can natively interoperate with any other Nostr SaaS. It would be entirely private and will not be captured to train a Big Co AI without my consent.

Using your community website in practice

An example onboarding flow

1. A new member joins your IRL community
2. Your admin person gives them your landing page URL where they can view all the posts by your community members – If you have configured your relay to have no read auth required, then they can land on that landing page and immediately start viewing your community's posts, a great landing experience
3. The user user creates a Nostr profile, and provides the admin person with their public key
4. The admin person adds their key to the whitelists to read and write as you desire.

Default inter-op with the wider Nostr network

• If you change your mind on SW2 and want to use a different relay, your notes will be supported natively, and you can migrate on your own terms
• If you change your mind on Jumble and want to use a different client, your relay will be supported natively, and you can migrate on your own terms
• If you want to add other apps to your community's experience, every Nostr app will interoperate with your community by default – see the huge list at Awesome Nostr
• If any of your users want to view your community notes inside some other Nostr client – perhaps to see a consolidated feed of notes from all their different communities – they can.

For me, I use Amethyst app as my main Nostr client to view the public posts from people I follow. I have added my private community relay to Amethyst, and now my community posts appear alongside all these other posts in a single consolidated feed.

Scope to further improve

• You can run multiple different relays with different user access – e.g. one for wider company and one for your team
• You can run your own fork of Jumble and change the interface to suit you needs – e.g. add your logo, change the colours, link to other resources from the sidebar.

Other ideas for running communities

• Guest accounts: You can give a user "guest" access – read auth, but no write auth – to help people see the value of your community before becoming members.
• Running a knowledge base: You can whitelist users to read notes, but only administrators can post notes.
• Running a blind dropbox: You can whitelist users to post notes, but only the administrator can read notes.
• Running on a local terminal only: With Jumble and SW2 installed on a machine, running at – localhost:5173 for Jumble, and localhost:3334 for SW2 you can have an entirely local experience at http://localhost:5173/?r=ws://localhost:3334.

What's Next?

In my first four blogs I explored creating a good Nostr setup with Vanity Npub, Lightning Payments, Nostr Addresses at Your Domain, and Personal Nostr Relay.

Then in my latest three blogs I explored different types of interoperability with NFC cards, n8n Workflow Automation, and now running a private community website on Nostr.

For this community website–

• There is scope to make some further enhancements to SW2, including to add a "Blossom" media server so that community admins can self-host their own rich media, and to create an admin screen for administration of the whitelists using NIP-86.
• There is scope to explore all other kinds of Nostr clients to form the front-end of community websites, including Chachi.chat, Flotilla, and others.
• Nostr includes a whole variety of different optional standards for making more elaborate online communities including NIP-28, NIP-29, NIP-17, NIP-72 (etc). Each gives certain different capabilities, and I haven't used any of them! For this simple demo they are not required, but each could be used to extend the capabilities of the admin and community.

I am also doing a lot of work with AI on Nostr, including that I use my private community website as a front-end for engaging with a Nostr AI. I'll post about this soon too.

Please be sure to let me know if you think there's another Nostr topic you'd like to see me tackle.

GM Nostr.

@ a296b972:e5a7a2e8

Die Natur strebt nach einem Gleichgewicht durch Ausgleich von nicht zueinander passenden Verhältnissen. Die Gesellschaft ist ein sozialer Organismus, der ebenso nach Ausgleich und einer Stimmigkeit der Verhältnisse strebt. Das sind Naturgesetze, die keine Regierung auf Dauer imstande ist, außer Kraft zu setzen.

Weder oppositionelle Kräfte, noch Kräfte innerhalb des Souveräns haben die Absicht, die Demokratie abzuschaffen. Es geht vielmehr darum, sie wieder in der Form herzustellen, in der sie ihren Namen auch verdient. Dazu gehört, dass alle Macht vom Volke ausgeht, was derzeit nicht der Fall ist.

Ein durch den Staat vorgegebenes Bildungssystem hat Menschen vor allem zu gefügigen Rädchen im Wirtschaftsgetriebe und nicht zu alles kritisch hinterfragenden Bürgern erzogen, die ständig der Regierung auf die Finger schauen.

Wenn die Bürger, der Souverän, eine Regierung immer mehr „machen lässt“ und glaubt, es sei genug, alle 4 Jahre sein Wahl-Kreuzchen zu machen, entfernt er sich immer mehr von der Kontrolle der durch ihn beauftragten Vertreter, und diese entfernen sich so immer mehr vom Alltag der Bürger.

Zu wenig Gegenrede des Souveräns führt zu immer mehr Übermut der Regierung, die sich immer sicherer wird, mit jedem Unsinn durchzukommen.

Ist dann die Schmerzgrenze des Souveräns erreicht, beginnt er, die Opposition zu stärken. In einer funktionierenden Demokratie würde das dazu führen, dass die Opposition die Regierung bildet, die dann die Chance hat, Fehlentwicklungen abzustellen und ausgleichend tätig zu werden.

Derzeit findet sowohl beim Souverän, als auch bei den Parteien, die bisher Regierungen zusammengestellt haben, ein Erwachen statt.

Da die ehemaligen Volks-Parteien unbedingt an der Macht festhalten wollen, seitens des Souveräns auf zu wenig Widerstand stoßen, wird mit der Macht, einer Demokratie nicht würdig, umgegangen. Dem sollte dringend Einhalt geboten werden.

Der Missbrauch äußert sich in brutalen (Lieblingswort der Ex-Außen-Dings) Einschränkungen der Grundrechte (Corona-Zeit), in der Einschränkung der Meinungsfreiheit (D S A), in Tendenzen zunehmender Kontrolle und Überwachung, Förderung von Denunzianten-Portalen, Kapern des öffentlich-rechtlichen Rundfunks, Förderung von NGOs, die als Sprechpuppen genutzt werden. Besetzt von Menschen, die entweder tatsächlich überzeugt sind von dem, was sie ideologisch vertreten, oder die über Charaktereigenschaften verfügen, die noch sehr viel Optimierungspotenzial in sich bergen. Gepaart mit fachlicher Inkompetenz ist das ein gefährlicher Cocktail.

Erst jüngst sogar durch Ausreiseverbote, wie in einem Staat, mit dem man das derzeitige Deutschland nicht vergleichen darf. So groß ist inzwischen schon die Angst geworden, die Kontrolle über die Macht zu verlieren. Alles, was an Kritik geäußert werden will, gilt als Delegitimierung des Staates. Auf keinen Fall darf sie im Ausland geäußert werden, damit es ja nichts davon mitbekommt, was in Deutschland abgeht. Das ist so wie ein Kind, dass sich die Hände vor die Augen hält und meint, es würde nicht gesehen werden.

Die Regierung ist übergriffig geworden. Je lauter sie Demokratie schreit, desto totalitärer wird sie.

Durch fehlende Kontrolle des Souveräns sind charakterlich und fachlich ungeeignete Personen in die Politik gelangt, deren ständige Überforderung dazu führt, dass sich deren Entscheidungen immer weiter von der Lebensrealität des Souveräns entfernen.

Bislang haben rund 25% des Souveräns diese Schieflage erkannt und wollen einer Opposition, die so stark geworden ist, weil die Alt-Parteien über Jahre Fehler an Fehler aneinandergereiht haben, die Gelegenheit geben, diese Fehler zu beheben und auszugleichen. Offen bleibt die Frage, ob sie dazu wirklich in der Lage sind, oder ob die Gefahr besteht, dass sie von einem möglicherweise grundsätzlich kranken System vereinnahmt werden.

Da es seitens der Alt-Parteien keine Einsicht gibt, dass sie in der Regierung nicht mehr den Willen des Souveräns vertreten, derzeit auch besonders gut zu sehen an dem Friedenswillen des Souveräns im Vergleich zur Kriegstreiberei der Regierung, bleibt nur, der Opposition zumindest die Chance zu geben, es besser zu machen und den Willen des Souveräns umzusetzen. Gelänge das nicht, ist die Demokratie, wie wir sie bislang verstanden haben, gescheitert.

Eine daraus resultierende Staatsform stünde dem Freiheitsgedanken diametral gegenüber.

Die Verteidigung von Unseredemokratie seitens der Regierung entlarvt das eigentliche, was damit gemeint ist, nämlich die Erhaltung der eigenen Macht, verbunden mit allen Vorzügen und Privilegien. Sie richtet sich gegen das eigene Volk, das mit einer ganz normal funktionierenden Demokratie schon sehr zufrieden wäre. Unseredemokratie ist nicht unsere Demokratie!

In Anlehnung an die berühmt gewordene Lüge Walter Ulbrichs: „Niemand hat die Absicht eine Mauer zu errichten“, hat derzeit niemand die Absicht, die sogenannte Brandmauer einzureißen, bzw. sie so lange stehen zu lassen, wie es eben geht, um die herrschenden Machtverhältnisse so lange wie möglich aufrechtzuerhalten. Die Geschichte hat jedoch zum Glück gezeigt, dass selbst eine Berliner Mauer nicht ewig hält.

Wie sich aus dem absurd-lächerlichen Gutachten, einer der Regierung gegenüber weisungsgebundenen Behörde herausgestellt hat, gibt es keinerlei Anzeichen dafür, dass die Opposition die demokratische Grundordnung weder gefährden noch beseitigen will.

Da die ehemaligen Volksparteien augenscheinlich nicht in der Lage sind, politische, wirtschaftliche und gesellschaftliche Verhältnisse zum Wohle des Deutschen Volkes herzustellen, ist der demokratische Weg, die Opposition hierzu zu ermächtigen.

Wird das weiterhin verhindert, wird der Unmut des Souveräns weiter zunehmen, und spätestens, wenn die zunehmenden Schikanen die Schmerzgrenze überschritten haben, wird der Souverän nach geeigneten Mitteln und Möglichkeiten suchen, diese Schieflage zu beheben und auszugleichen.

Derzeit stehen sich ein in der Zahl und im Befinden zunehmend unzufrieden werdender Souverän und eine immer absurdere Entscheidungen treffende Regierung im lebendigen Tauziehen um Interessen gegenüber. Je mehr Bockmist die Alt-Parteien bauen, um so stärker wird die Opposition.

Aufgrund der jetzt schon vorhandenen Anzahl wacher Bürger und der Anzahl der in der Politik Unfähigen, ist eigentlich schon jetzt klar, wer in diesem Tauziehen die größere Kraft hat und wer das „Spiel“ nach demokratischen Regeln am Ende gewinnen wird. Das ist eindeutig der Souverän. Verliert er, wider Erwarten, verliert auch die Demokratie.

Dem Souverän fehlt nur noch ein wenig mehr Selbstvertrauen und ein Bewusstsein für die Macht, über die er tatsächlich verfügt.

Je mehr absurde Entscheidungen seitens der Regierung getroffen werden, und man arbeitet ja sehr fleißig daran, besonders, wenn es um Frieden geht, desto stärker wird das Selbstbewusstsein des Souveräns werden und ein natürlicher, friedlicher Ausgleich der Schieflage kann stattfinden. Der Start der neuen Regierung war jedenfalls schon einmal sehr "Keine-4-Jahre".

Wer sich in die steile und eisglatte Abfahrtspiste Deutschlands vertiefen will, hier eine Rezension zu dem Buch „Im Taumel des Niedergangs“ von dem von mir sehr geschätzten und akribisch arbeitenden Uwe Froschauer:

https://www.manova.news/artikel/abwarts

oder

https://wassersaege.com/blogbeitraege/abwaerts-rezension-des-buches-im-taumel-des-niedergangs-von-uwe-froschauer/

Dieser Artikel wurde mit dem Pareto-Client geschrieben

* *

(Bild von pixabay)

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Si vives en España, quizás hayas notado que no puedes acceder a ciertas páginas webs durante los fines de semana o en algunos días entre semana, entre ellas, la guía de MiniBolt.

Esto tiene una razón, por supuesto una solución, además de una conclusión. Sin entrar en demasiados detalles:

La razón

El bloqueo a Cloudflare, implementado desde hace casi dos meses por operadores de Internet (ISPs) en España (como Movistar, O2, DIGI, Pepephone, entre otros), se basa en una orden judicial emitida tras una demanda de LALIGA (Fútbol). Esta medida busca combatir la piratería en España, un problema que afecta directamente a dicha organización.

Aunque la intención original era restringir el acceso a dominios específicos que difundieran dicho contenido, Cloudflare emplea el protocolo ECH (Encrypted Client Hello), que oculta el nombre del dominio, el cual antes se transmitía en texto plano durante el proceso de establecimiento de una conexión TLS. Esta medida dificulta que las operadoras analicen el tráfico para aplicar bloqueos basados en dominios, lo que les obliga a recurrir a bloqueos más amplios por IP o rangos de IP para cumplir con la orden judicial.

Esta práctica tiene consecuencias graves, que han sido completamente ignoradas por quienes la ejecutan. Es bien sabido que una infraestructura de IP puede alojar numerosos dominios, tanto legítimos como no legítimos. La falta de un "ajuste fino" en los bloqueos provoca un perjuicio para terceros, restringiendo el acceso a muchos dominios legítimos que no tiene relación alguna con actividades ilícitas, pero que comparten las mismas IPs de Cloudflare con dominios cuestionables. Este es el caso de la web de MiniBolt y su dominio minibolt.info, los cuales utilizan Cloudflare como proxy para aprovechar las medidas de seguridad, privacidad, optimización y servicios adicionales que la plataforma ofrece de forma gratuita.

Si bien este bloqueo parece ser temporal (al menos durante la temporada 24/25 de fútbol, hasta finales de mayo), es posible que se reactive con el inicio de la nueva temporada.

La solución

Obviamente, MiniBolt no dejará de usar Cloudflare como proxy por esta razón. Por lo que a continuación se exponen algunas medidas que como usuario puedes tomar para evitar esta restricción y poder acceder:

~> Utiliza una VPN:

Existen varias soluciones de proveedores de VPN, ordenadas según su reputación en privacidad: - IVPN - Mullvad VPN - Proton VPN (gratis) - Obscura VPN (solo para macOS) - Cloudfare WARP (gratis) + permite utilizar el modo proxy local para enrutar solo la navegación, debes utilizar la opción "WARP a través de proxy local" siguiendo estos pasos: 1. Inicia Cloudflare WARP y dentro de la pequeña interfaz haz click en la rueda dentada abajo a la derecha > "Preferencias" > "Avanzado" > "Configurar el modo proxy" 2. Marca la casilla "Habilite el modo proxy en este dispositivo" 3. Elige un "Puerto de escucha de proxy" entre 0-65535. ej: 1080, haz click en "Aceptar" y cierra la ventana de preferencias 4. Accede de nuevo a Cloudflare WARP y pulsa sobre el switch para habilitar el servicio. 3. Ahora debes apuntar el proxy del navegador a Cloudflare WARP, la configuración del navegador es similar a esta para el caso de navegadores basados en Firefox. Una vez hecho, deberías poder acceder a la guía de MiniBolt sin problemas. Si tienes dudas, déjalas en comentarios e intentaré resolverlas. Más info AQUÍ.

~> Proxifica tu navegador para usar la red de Tor, o utiliza el navegador oficial de Tor (recomendado).

La conclusión

Estos hechos ponen en tela de juicio los principios fundamentales de la neutralidad de la red, pilares esenciales de la Declaración de Independencia del Ciberespacio que defiende un internet libre, sin restricciones ni censura. Dichos principios se han visto quebrantados sin precedentes en este país, confirmando que ese futuro distópico que muchos negaban, ya es una realidad.

Es momento de actuar y estar preparados: debemos impulsar el desarrollo y la difusión de las herramientas anticensura que tenemos a nuestro alcance, protegiendo así la libertad digital y asegurando un acceso equitativo a la información para todos

Este compromiso es uno de los pilares fundamentales de MiniBolt, lo que convierte este desafío en una oportunidad para poner a prueba las soluciones anticensura ya disponibles, así como las que están en camino.

¡Censúrame si puedes, legislador! ¡La lucha por la privacidad y la libertad en Internet ya está en marcha!

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Fuentes: * https://bandaancha.eu/articulos/movistar-o2-deja-clientes-sin-acceso-11239 * https://bandaancha.eu/articulos/esta-nueva-sentencia-autoriza-bloqueos-11257 * https://bandaancha.eu/articulos/como-saltarse-bloqueo-webs-warp-vpn-9958 * https://bandaancha.eu/articulos/como-activar-ech-chrome-acceder-webs-10689 * https://comunidad.movistar.es/t5/Soporte-Fibra-y-ADSL/Problema-con-web-que-usan-Cloudflare/td-p/5218007

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Contexto e início

O precursor direto do avivamento foi William J. Seymour, um pregador afro-americano filho de ex-escravos, influenciado pelos ensinamentos de Charles Parham, que pregava o "batismo no Espírito Santo" com evidência do falar em línguas.

Em 1906, Seymour foi convidado para pregar em uma igreja em Los Angeles. Após ser rejeitado por alguns por sua pregação sobre o batismo com o Espírito Santo, ele começou a liderar reuniões de oração na casa da família Asberry. Em abril de 1906, durante uma dessas reuniões, os participantes começaram a experimentar manifestações intensas do Espírito Santo, incluindo glossolalia (falar em línguas), curas e profecias.

A Rua Azusa

Logo, o número de participantes cresceu tanto que foi necessário mudar para um antigo prédio da Igreja Metodista Africana Episcopal, no número 312 da Rua Azusa, no centro de Los Angeles. Esse local se tornou o epicentro do avivamento.

Características marcantes

Cultos espontâneos e fervorosos, muitas vezes sem ordem pré-definida.

Diversidade étnica e social: negros, brancos, latinos, asiáticos, ricos e pobres adoravam juntos — algo radical para os padrões da época.

Ênfase nas manifestações espirituais, como línguas, curas, visões e profecias.

Igualdade de gênero e raça no ministério, com mulheres e homens de diversas origens pregando e liderando.

Impacto

O avivamento da Rua Azusa marcou o nascimento e expansão global do pentecostalismo, hoje uma das maiores forças do cristianismo mundial. Missionários saíram de Azusa para várias partes do mundo, levando a mensagem pentecostal. Movimentos como as Assembleias de Deus e Igreja do Evangelho Quadrangular têm raízes nesse avivamento.

Tensão e Interpretação entre Reformistas e Pentecostalistas

Evangelhos e Atos

João Batista profetiza: “Ele vos batizará com o Espírito Santo e com fogo” (Mateus 3:11).

Em Atos 2, no Pentecostes, os discípulos falam em línguas e recebem poder (Atos 1:8; 2:4).

Outros episódios: Atos 10 (Casa de Cornélio) e Atos 19 (Éfeso).

Cartas Paulinas

Paulo não relaciona diretamente o “batismo com o Espírito” ao falar em línguas. Em 1 Coríntios 12:13 ele diz: “Pois em um só Espírito todos nós fomos batizados em um corpo”.

A glossolalia aparece como um dom entre outros, mas não como evidência obrigatória (1 Coríntios 12:30).

Tensão

Pentecostais veem o batismo com o Espírito como uma segunda experiência após a conversão, evidenciada por línguas. Reformados geralmente interpretam que o batismo com o Espírito ocorre na conversão e que línguas não são obrigatórias ou cessaram com os apóstolos.

Reformadores e o Batismo com o Espírito Santo

Martinho Lutero, João Calvino e outros reformadores não falavam em línguas nem davam ênfase a experiências carismáticas.

Cessacionismo: Doutrina comum entre reformados que diz que os dons sobrenaturais (línguas, profecias, curas) cessaram com a era apostólica.

Continuação (posição pentecostal): Os dons continuam hoje.

Filmes / Documentários

“Azusa Street: The Origins of Pentecostalism” (2006) – Documentário com imagens históricas e entrevistas.

“Wesley” (2009) – Biografia de John Wesley, precursor do metodismo e influência indireta no pentecostalismo.

“The Cross and the Switchblade” (1970) – História de David Wilkerson e a conversão de Nicky Cruz; enfatiza a obra do Espírito.

Série “God in America” (PBS) – Episódio sobre o pentecostalismo (não só Azusa, mas seu impacto cultural).

@ ed5774ac:45611c5c

Erdogan’s Turkey: The Rise, Reign, and Decline of a Political Strongman

As Turkey’s political crisis intensifies with Erdogan’s imprisonment of Imamoglu—a leading opposition figure and likely frontrunner in the 2028 presidential elections—it is crucial to analyze the historical events and geopolitical factors that enabled Erdogan’s rise, secured the consolidation of his rule, and allowed him to maintain his grip on power for decades. To understand the foundations of Erdogan’s enduring political legacy, we must examine the historical events that shaped his ideology and the global power struggles of the time. Equally important are the international actors who facilitated his rise and prolonged his rule. Key factors include the link between Erdogan’s rise and the Iraq War, the interplay between Turkey’s military coups and the Ukraine crisis, the events that led to the erosion of Western support for Erdogan, the role of the U.S. and NATO in the 2016 coup attempt against his rule, and the shifting geopolitical landscape that continues to define Turkey’s political future.

The Roots of Islamism: The CIA, the 1980 Coup, and the Suppression of Turkish Liberalism

Erdogan’s rise is deeply intertwined with the growth of Turkey’s Islamic movement, which gained traction in the 1970s amid Cold War geopolitics. During this period, the U.S., under the guidance of Zbigniew Brzezinski, National Security Advisor to President Jimmy Carter, devised the “Green Belt” strategy. This plan aimed to cultivate a radicalized Islamic generation across the Muslim world to counter the spread of communist ideology. The U.S. intervention in Afghanistan, which radicalized certain factions and triggered the Soviet invasion, was a critical component of this strategy. Brzezinski himself proudly acknowledged this in various interviews. Turkey, a NATO ally bordering the Soviet Union, became a key theater for implementing this policy.

The military coup of September 12, 1980, marked a pivotal moment in Turkish history. Led by General Kenan Evren, the Turkish armed forces seized power under the pretext of restoring order amid escalating violence between leftist and rightist factions that had claimed thousands of lives. However, the junta’s crackdown disproportionately targeted the Turkish left—a movement distinct from Soviet-style communism, composed of liberal, educated intellectuals such as writers, artists, journalists, and thinkers. These individuals, who championed Turkish sovereignty, intellectual freedom, and democratic ideals, were perceived as a direct threat to the military’s Islamization agenda, backed by the CIA. Tens of thousands were imprisoned, tortured, or executed, while left-wing organizations were banned outright.

At the same time, the junta actively fostered Islamist groups, establishing religious schools known as Imam Hatip institutions under the guise of combating Marxism and communism. In reality, their true objective was to eliminate anyone who sought Turkish sovereignty, embraced patriotism, or valued critical thinking. Writers, artists, journalists, and intellectuals—those who dared to think independently and question authority—were viewed as existential threats to the Islamization model the military and its CIA allies sought to impose. By silencing these voices, the junta aimed to eradicate opposition to their vision of a Turkey subservient to religious dogma and foreign interests, ensuring a populace stripped of sovereign thought and resistant to enlightenment.

This paradox—a secular military suppressing liberal intellectuals while nurturing Islamist groups—laid the foundation for Erdogan’s rise and the eventual Islamization of Turkish society.

The Chaos of the 1990s: Economic Crisis and the Rise of Erdogan

The 1990s were a chaotic decade for Turkey, marked by economic instability, a Kurdish insurgency, and a revolving door of coalition governments. The 1994 financial crisis saw inflation soar, while terrorist attacks by the Kurdistan Workers’ Party (PKK) and political assassinations fueled national disarray. Successive governments, often beholden to globalist agendas dictated by the International Monetary Fund and World Bank, failed to deliver stability. This period mirrored today’s European political crises, where ideological convergence has left voters disillusioned.

Into this void stepped Erdogan, a charismatic former soccer player turned politician from Istanbul’s working-class Kasimpasa district, whose blend of populist appeal and religious rhetoric resonated with a disillusioned populace. His rise was no accident. In 1994, he won the mayoralty of Istanbul as a member of the Islamist Welfare Party (Refah Partisi), showcasing a blend of populist charisma and religious appeal. However, his early political career faced a setback in 1997 when the military, acting as guardians of Turkey’s secular Kemalist legacy, forced the resignation of Welfare Party Prime Minister Necmettin Erbakan in what was dubbed a “postmodern coup.” Erdogan’s imprisonment in 1998 for reciting a divisive poem only solidified his image as a martyr among his devout supporters.

The 2001 Crisis: Neocons, Economic Sabotage, and Erdogan’s Ascendancy

Erdogan’s true ascent began amid Turkey’s devastating 2001 financial crisis, which saw the economy contract by 5.7%, unemployment spike, and the Turkish lira collapse. The crisis, worsened by IMF-mandated austerity measures, discredited the ruling coalition under Prime Minister Bulent Ecevit. A staunch nationalist, Ecevit had spearheaded Turkey’s 1974 intervention in Cyprus and forced Syria to expel PKK leader Abdullah Ocalan in 1999. His refusal to align Turkey with the impending U.S.-led Iraq War in 2003 made him a liability for U.S. neoconservatives, who were already preparing for the conflict.

Far from a mere economic downturn, the 2001 crisis was a deliberate strategy orchestrated by the global Western financial cartel to destabilize Ecevit’s nationalist government. This administration, fiercely protective of Turkish sovereignty, had unequivocally opposed Turkey’s involvement in the Iraq War. To eliminate this obstacle, the financial cartel—comprising international financial institutions and Western-backed actors—engineered the crisis by exploiting Turkey’s reliance on hot money and Western financial support. The resulting economic collapse eroded public trust in the government and existing political parties, creating a power vacuum that paved the way for Erdogan. Handpicked by the globalist cabal as their new proxy, Erdogan was positioned to advance their political agenda in Turkey. The neocons viewed him as a pliable ally: a moderate Islamist who could pacify Turkey’s religious conservatives while advancing Western interests. Despite resistance within his own party, Erdogan advocated for Turkish involvement in the Iraq War, though the Turkish Parliament, with the help of dissidents in his party, ultimately rejected U.S. troop deployments in 2003. Nevertheless, Erdogan remained loyal to his neocon backers and globalist patrons, privatizing state assets at rock-bottom prices—akin to Yeltsin’s controversial reforms in 1990s Russia—and deepening Turkey’s economic dependence on the EU and the U.S.

In addition to tying Turkey’s economy to Western interests, Erdogan targeted the Turkish military in 2007 through the Ergenekon and Sledgehammer trials. Widely criticized as show trials orchestrated with the help of the Gulen movement—a shadowy Islamic network led by Fethullah Gulen—these cases imprisoned or sidelined hundreds of officers, including navy admirals opposed to NATO’s Black Sea ambitions. These officers had long argued that NATO’s mission ended with the fall of the Soviet Union and advocated for closer ties with Russia and China. They also opposed plans to integrate Georgia and Ukraine into NATO, fearing it would destabilize the region and turn the Black Sea into a battleground between the West and Russia. By weakening the navy and sidelining its dissenting admirals, Erdogan brought Turkey back in line with NATO’s strategic objectives, enabling the neocons to advance their plans for NATO expansion into the Black Sea region—a move that set the stage for the 2008 Russo-Georgian War and the 2014 Ukrainian crisis.. Without this internal coup against the Turkish military, these events might have unfolded differently—or not at all.

For his services to the globalist agenda, Erdogan was portrayed in Western media as a democratizing hero, and Turkey’s economy was praised for its growth and strength. However, the reality was starkly different. To understand the globalist propaganda surrounding Erdogan, consider Barack Obama’s first foreign visit as U.S. president: a trip to Turkey in 2009. In a speech to the Turkish Parliament, Obama praised Erdogan’s “democratic reforms” and the strength of Turkey’s economy—which was growing steadily only due to cheap credit provided by international financial institutions serving the same globalist interests Erdogan represented. Meanwhile, journalists and dissidents filled Turkish prisons.

The 2016 Coup Attempt: Erdogan’s Break with the West

Erdogan’s honeymoon with the West soured in the 2010s. His support for Egypt’s Muslim Brotherhood and his interventionist stance in Syria clashed with U.S. priorities, especially after the Arab Spring upended regional alliances. Sensing Erdogan’s growing autonomy, the neocons turned to Fethullah Gulen, a cleric living in Pennsylvania since 1999 with close ties to the CIA and the Clinton Foundation. Gulen’s Hizmet movement, once an ally in Erdogan’s rise, had infiltrated Turkey’s police, judiciary, and military, creating a “parallel state.”

The July 15, 2016, coup attempt—marked by rogue military units bombing parliament and nearly capturing Erdogan—was orchestrated by factions of the Gulen movement within the army, with the involvement of the CIA and NATO, using Incirlik Air Base as one of the primary command centers to coordinate the operation (one of NATO’s largest military bases in the region). The timing suggests that the neocons, anticipating Hillary Clinton’s presidency, planned to install Gulen as their new puppet in Turkey. As a radical Sunni leader hostile to Iran, Gulen could have aligned Turkey with a broader anti-Iranian axis, potentially dragging the country into a regional war against Iran—much like Saddam Hussein did three decades earlier.

The coup’s failure, quashed by loyalists and public resistance, marked a turning point, leading Erdogan to purge over 100,000 civil servants and consolidate his power through a 2017 referendum and pivoting toward Russia and China—not out of conviction, but as leverage against Western abandonment.

Turkey’s Geopolitical Balancing Act: Ukraine, NATO, and the Black Sea

Erdogan’s post-2016 flirtations with Moscow—evidenced by the purchase of Russian S-400 systems and energy deals—reflect more than a pragmatic balancing act. They reflect a desperate attempt to regain Western attention, akin to dating someone new to make an ex jealous, aimed at convincing the West not to write him off.

The Ukrainian crisis, escalating with Russia’s 2022 invasion, has pushed Turkey into a delicate role. As a NATO member controlling the Bosphorus, Erdogan has mediated grain deals and prisoner swaps, leveraging Turkey’s strategic position. Yet his reluctance to fully back NATO’s hardline stance has further alienated him from the West, making him a target for a potential regime change operation as the West has grown desperate to win its proxy war against Russia. As a result, international media and globalist factions have intensified efforts to undermine his regime, seeking to remove him from power.

Turkey at a Crossroads: Imamoglu, Erdogan’s Decline, and the Future

Erdogan has fulfilled his mission: he has made Turkey’s economy dependent on the West, eliminated patriotic voices in the military, dismantled the parliamentary system, wrecked the education system, and buried the secular Turkish republic. His legacy is a deeply polarized Turkey: economically dependent on the West, militarily weakened, and institutionally hollowed out.

Corruption scandals, a collapsing lira, and authoritarian excesses have fueled widespread public discontent. Yet, rather than addressing the root causes of this anger—economic hardship, growing authoritarianism, and systemic corruption—Erdogan has grown increasingly paranoid, attributing every challenge to Western conspiracies and interventions. This refusal to confront reality has only deepened the divide between him and the Turkish people, fueling widespread disillusionment and anger.

Imamoglu’s rise—winning Istanbul in 2019 and 2023 despite blatant election irregularities, systematic government interference, censorship, and the full force of Erdogan’s authoritarian machinery—stands as a testament to his resilience and the enduring hope of Turkey’s opposition. Facing a system rigged to ensure his defeat, Imamoglu triumphed against overwhelming odds. Erdogan’s regime spared no effort, leveraging state media, the judiciary, and security forces to manipulate the results, yet it could not prevent Imamoglu’s victories in Istanbul, which shattered the illusion of invincibility surrounding Erdogan’s rule. His recent imprisonment on fabricated charges ahead of the 2028 elections underscores Erdogan’s desperation to suppress this threat, further alienating a populace yearning for change.

Turkey now stands at a crossroads. The powers that once propelled Erdogan to prominence—U.S. neoconservatives and the Islamist legacy of the 1980 coup—have lost control of their creation. His fall from Western favor, tied to the 2016 coup attempt and his regional overreach, has left him isolated, oscillating between East and West while clinging to power as domestic anger reaches a boiling point. Whether Imamoglu or another leader emerges, Turkey’s post-Erdogan era will face the monumental task of rebuilding its secular republic and defining its role in an increasingly complex global landscape.

Turkey’s struggle is not just its own—it is an example of the suffering endured for decades under Western colonialism and a parasitic financial order. This system, designed to enrich a handful of elites in the West, thrives by exploiting the Global South, perpetuating poverty, and engineering chaos to maintain control. Turkey’s fight for self-determination stands as a beacon for all nations seeking to break free from the chains of neocolonialism and reclaim their rightful place in a just and equitable global order. The future must be built on the sovereignty of nations, free from the selfish designs of a Western oligarchy.

@ e4950c93:1b99eccd

Contenu à venir.

En savoir plus sur Wikipedia

@ 56f27915:5fee3024

Buchbeschreibung:\ \ Dieses Buch ist ein Appell. 

Es richtet sich nicht nur an den Kopf des Lesers, sondern auch an seinen Willen.\ \ Es ist ein Appell an Volk und Leser, die Lenkung der Geschicke direkt selbst in die Hand zu nehmen. Nicht nur: "Was ist?" sondern vor allem: "Was können wir tun?" ist in diesem Buch die große Frage.\ \ Mit dem Blick auf diese Frage wird das Grundgesetz betrachtet und gezeigt, dass es absolut noch nicht der gediegene Glockenguss ist, als der es uns von "oben" immer vorgestellt wurde, sondern dass in ihm auch extrem gegenläufige, bemessen an seinen freiheitlich-demokratischen Idealen sogar als extrem verfassungs-widrig zu bezeichnende Tendenzen wirken, die heute in seine Zerstörung führen.\ \ Vor allem die unselige Übermacht des Parteienwesens und die damit verbundene systemische Entmündigung des Souveräns, des Volkes, ist das Ergebnis dieser verfassungs-widrigen Tendenzen.\ \ Es wird aber auch gezeigt, wo in den Idealen des Grundgesetzes und in den Entscheidungen der Mütter und Väter dieses Grundgesetzes die Ansatzpunkte liegen, durch die der Zerstörung des Grundgesetzes wirkungsvoll begegnet werden kann. Und diese Ansatzpunkte werden im Buch allseits zur Entfaltung gebracht.\ \ "Wer die Demokratie verteidigen will, der muss sie weiter entwickeln." Im Sinne dieses Wortes wird dem Leser ein praktikabler Weg gewiesen, auf dem er unmittelbar helfen kann, das Grundgesetz den wirkenden Zerstörungskräften zu entwinden, durch Einrichtung der direkten Bürgerbeteiligung an den entscheidenden Fragen unserer Republik die Position des Souveräns gegenüber der Parteienmacht zu stärken, Freiheitsrechte, Demokratie und Rechtsstaat auf eine wesentlich höhere Stufe als bisher zu bringen und sich durch eine verfassungs-klärende Versammlung seine Basis selbst und neu zu geben.

Buch bestellen: https://great-reset-von-unten.de/

\ Und nicht vergessen, abzustimmen! Die Zeit ist reif. Packen wir's an.\  

@ 3b7fc823:e194354f

A quick guide for the less than technical savvy to set up their very own free private tor enabled email using Onionmail. Privacy is for everyone, not just the super cyber nerds.

Onion Mail is an anonymous POP3/SMTP email server program hosted by various people on the internet. You can visit this site and read the details: https://en.onionmail.info/

1. Download Tor Browser

First, if you don't already, go download Tor Browser. You are going to need it. https://www.torproject.org/

1. Sign Up

Using Tor browser go to the directory page (https://onionmail.info/directory.html) choose one of the servers and sign up for an account. I say sign up but it is just choosing a user name you want to go before the @xyz.onion email address and solving a captcha.

1. Account information

Once you are done signing up an Account information page will pop up. MAKE SURE YOU SAVE THIS!!! It has your address and passwords (for sending and receiving email) that you will need. If you lose them then you are shit out of luck.

1. Install an Email Client

You can use Claws Mail, Neomutt, or whatever, but for this example, we will be using Thunderbird.

a. Download Thunderbird email client

b. The easy setup popup page that wants your name, email, and password isn't going to like your user@xyz.onion address. Just enter something that looks like a regular email address such as name@example.com and the Configure Manuallyoption will appear below. Click that.

1. Configure Incoming (POP3) Server

Under Incoming Server: Protocol: POP3 Server or Hostname: xyz.onion (whatever your account info says) Port: 110 Security: STARTTLS Authentication: Normal password Username: (your username) Password: (POP3 password).

1. Configure Outgoing (SMTP) Server

Under Outgoing Server: Server or Hostname: xyz.onion (whatever your account info says) Port: 25 Security: STARTTLS Authentication: Normal password Username: (your username) Password: (SMTP password).

1. Click on email at the top and change your address if you had to use a spoof one to get the configure manually to pop up.

2. Configure Proxy

a. Click the gear icon on the bottom left for settings. Scroll all the way down to Network & Disk Space. Click the settings button next to Connection. Configure how Thunderbird connects to the internet.

b. Select Manual Proxy Configuration. For SOCKS Host enter 127.0.0.1 and enter port 9050. (if you are running this through a VM the port may be different)

c. Now check the box for SOCKS5 and then Proxy DNS when using SOCKS5 down at the bottom. Click OK

1. Check Email

For thunderbird to reach the onion mail server it has to be connected to tor. Depending on your local setup, it might be fine as is or you might have to have tor browser open in the background. Click on inbox and then the little cloud icon with the down arrow to check mail.

1. Security Exception

Thunderbird is not going to like that the onion mail server security certificate is self signed. A popup Add Security Exception will appear. Click Confirm Security Exception.

You are done. Enjoy your new private email service.

REMEMBER: The server can read your emails unless they are encrypted. Go into account settings. Look down and click End-toEnd Encryption. Then add your OpenPGP key or open your OpenPGP Key Manager (you might have to download one if you don't already have one) and generate a new key for this account.

@ d34e832d:383f78d0

Introduction

Unlike other cetaceans that rely on whistles and songs, sperm whales primarily use echolocation and patterned click sequences to convey information. This paper explores the structure, function, and implications of their vocal communication, particularly in relation to their social behaviors and cognitive abilities.

1. The Nature of Sperm Whale Vocalizations

Sperm whales produce three primary types of clicks:
- Echolocation clicks for navigation and hunting.
- Regular clicks used in deep diving.
- Codas, which are rhythmic sequences exchanged between individuals, believed to function in social bonding and identification.

Each whale possesses a monumental sound-producing organ, the spermaceti organ, which allows for the production of powerful sounds that can travel long distances. The structure of these clicks suggests a level of vocal learning and adaptation, as different populations exhibit distinct coda repertoires.

2. Cultural and Regional Variation in Codas

Research indicates that different sperm whale clans have unique dialects, much like human languages. These dialects are not genetically inherited but culturally transmitted, meaning whales learn their communication styles from social interactions rather than instinct alone. Studies conducted in the Caribbean and the Pacific have revealed that whales in different regions have distinct coda patterns, with some being universal and others specific to certain clans.

3. Social Organization and Communication

Sperm whales are matrilineal and live in stable social units composed of mothers, calves, and juveniles, while males often lead solitary lives. Communication plays a critical role in maintaining social bonds within these groups.
- Codas serve as an acoustic signature that helps individuals recognize each other.
- More complex codas may function in coordinating group movements or teaching young whales.
- Some researchers hypothesize that codas convey emotional states, much like tone of voice in human speech.

4. Theories on Whale Intelligence and Language-Like Communication

The complexity of sperm whale vocalization raises profound questions about their cognitive abilities.
- Some researchers argue that sperm whale communication exhibits combinatorial properties, meaning that codas might function in ways similar to human phonemes, allowing for an extensive range of meanings.
- Studies using AI and machine learning have attempted to decode potential syntax patterns, but a full understanding of their language remains elusive.

5. Conservation Implications and the Need for Further Research

Understanding sperm whale communication is essential for conservation efforts. Noise pollution from shipping, sonar, and industrial activities can interfere with whale vocalizations, potentially disrupting social structures and navigation. Future research must focus on long-term coda tracking, cross-species comparisons, and experimental approaches to deciphering their meaning.

Consider

Sperm whale vocal communication represents one of the most intriguing areas of marine mammal research. Their ability to transmit learned vocalizations across generations suggests a high degree of cultural complexity. Although we have yet to fully decode their language, the study of sperm whale codas offers critical insights into non-human intelligence, social structures, and the evolution of communication in the animal kingdom.

@ cae03c48:2a7d6671

Bitcoin Magazine

Ben Allen Receives Maelstrom Bitcoin Developer Grant to Advance Payjoin Tech

Ben Allen has been named the third recipient of the Maelstrom Bitcoin Developer Grant, the family office of Arthur Hayes announced in a recent press release sent to Bitcoin Magazine. Over the next year, Allen will focus on enhancing the Payjoin Dev Kit project, a privacy-focused Bitcoin transaction tool designed to improve user anonymity and network scalability.

Payjoin, first introduced in 2019 by Nicolas Dorier in BIP 78, allows both the sender and receiver to contribute inputs to a single Bitcoin transaction. This disrupts common assumptions used by financial surveillance firms, namely the idea that multiple transaction inputs must come from a single entity. By breaking this assumption, even limited adoption of Payjoin can bolster privacy across the Bitcoin network.

“Maelstrom would like to congratulate Ben Allen on this grant,” said Arthur Hayes, Chief Investment Officer of Maelstrom. “The great thing about Payjoin, is that if only a small amount of adoption is achieved, it breaks a key assumption used by financial surveillance companies. The assumption they have is that if a Bitcoin transaction has multiple inputs, all the inputs must all belong to the same entity. Therefore, Payjoin adoption improves the privacy of even the people who don’t use it. We are excited to support Ben Allen’s work on open-source tools and software to increase Payjoin adoption.” 

Allen, who will be working alongside Dan Gould, aims to expand the implementation of Payjoin so it can be integrated into more Bitcoin wallets. He acknowledged the technical complexities of the project—including the requirement for receivers to be online—but expressed optimism about overcoming these challenges.

“I’m deeply grateful to Arthur Hayes and Maelstrom for generously providing me with this grant to support my work on the Payjoin Dev Kit project,” said Allen. “With this funding, I can dedicate myself full-time to enhancing the Payjoin implementation, improving testing, and ensuring that the dev kit remains robust, well-documented, and maintainable for the future.”

Allen also emphasized the broader mission of his work: “Improving privacy for bitcoin is an area where continued improvement allows for a better experience by empowering users to control their financial data and foster greater peace of mind when using bitcoin day to day. This is an exciting opportunity to contribute to Bitcoin’s privacy and scalability, and I’m looking forward to continuing to collaborate with the community to make Payjoin more widely adopted.”

Maelstrom, which is focused on supporting digital asset infrastructure, is led by Arthur Hayes, co-founder of BitMEX. Through grants like this one, the firm is investing in the foundational tools that promote a more private, scalable, and decentralized Bitcoin ecosystem.

This post Ben Allen Receives Maelstrom Bitcoin Developer Grant to Advance Payjoin Tech first appeared on Bitcoin Magazine and is written by Jenna Montgomery.