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@ 9ca447d2:fbf5a36d
2025-05-23 13:01:46American Bitcoin, a bitcoin mining company backed by President Donald Trump’s sons, is going public in a new merger deal with Gryphon Digital Mining. Investors and political observers are taking notice as it presents a mixture of Bitcoin, Wall Street and the Trump brand.
This reverse merger allows for American Bitcoin Corporation to become a publicly traded company. This will happen through a stock-for-stock merger with Gryphon Digital Mining, a small-cap bitcoin miner already listed on the Nasdaq.
Once the deal is done, the new company will be called American Bitcoin and will trade on the Nasdaq under the ticker symbol ABTC. The merger is expected to close in the 3rd quarter of 2025.
Eric Trump, who will be the Co-Founder and the Chief Strategy Officer, said:
“Our vision for American Bitcoin is to create the most investable Bitcoin accumulation platform in the market.”
The Trump family’s involvement has gotten a lot of attention. Eric Trump and Donald Trump Jr. launched American Bitcoin in March this year with digital asset infrastructure company Hut 8, which owns 80% of American Bitcoin.
American Bitcoin leadership team — Hut 8 presentation
After the merger, American Bitcoin shareholders — including the Trump brothers and Hut 8 — will own about 98% of the new company. Gryphon shareholders will own 2% even though Gryphon is the public company facilitating the merger.
Instead of an IPO (Initial Public Offering), American Bitcoin is going public through what’s called a reverse merger. This means it will take over Gryphon’s public listing.
This is often faster and simpler than a traditional IPO. It allows American Bitcoin to access public capital markets while maintaining operational and strategic control.
Hut 8 CEO Asher Genoot said the merger is a big step forward for the company. “By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet,” Genoot said.
The announcement sent Gryphon’s stock soaring. Shares rose over 280% and Hut 8’s stock went up over 11%. Clearly investors are interested in bitcoin-focused public companies when the asset itself is close to its previous all-time high.
But not everyone is buying. Some investors and analysts are questioning what Gryphon is actually bringing to the table. Gryphon won’t have a seat on the board or any representation in the new management team. Their role seems to be just to provide the public listing.
Many questions remain unanswered because there are no details on mining operations and what Gryphon’s role is beyond the merger.
American Bitcoin’s goal goes far beyond just mining bitcoin. It wants to become a national bitcoin reserve builder and a major player in that space by storing large amounts of bitcoin as a strategic asset.
The company plans to take “capital-light” advantage of Hut 8’s existing infrastructure, so there won’t be any need to build massive new data centers. Hut 8 already manages over 1,000 megawatts of energy capacity, and apparently, they will handle all the mining operations.
This is happening at a tough time for the mining industry in the U.S. and globally.
Profit margins are shrinking, and companies are really feeling the pinch of high operational costs. Hut 8 just reported a 58% drop in revenue and a $134 million net loss for the first quarter of 2025.
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@ cae03c48:2a7d6671
2025-05-23 13:01:00Bitcoin Magazine
H100 Group Became The First Publicly Listed Bitcoin Treasury Company In SwedenH100 Group AB has announced it has become Sweden’s first publicly listed health technology company to adopt Bitcoin as a treasury reserve asset, announcing the purchase of 4.39 BTC for 5 million NOK (approximately $475,000) as part of its long-term Bitcoin Treasury Strategy.
The Stockholm-based company, which provides AI-powered automation and digital solutions for healthcare providers, joins a growing roster of public companies adding Bitcoin to their balance sheets in 2025. The purchase was executed at an average price of 1,138,737 NOK per Bitcoin (roughly $108,200).
JUST IN:
H100 Group buys 4.39 BTC and becomes Sweden's first publicly listed #Bitcoin treasury company. pic.twitter.com/pNXe9XT2a7
— Bitcoin Magazine (@BitcoinMagazine) May 22, 2025
“This addition to H100’s Bitcoin Treasury Strategy follows an increasing number of tech-oriented growth companies holding Bitcoin on their balance sheet,” said CEO Sander Andersen. “And I believe the values of individual sovereignty highly present in the Bitcoin community aligns well with, and will appeal to, the customers and communities we are building the H100 platform for.”
The move comes amid a surge in corporate Bitcoin adoption, with many public companies announcing Bitcoin treasury programs in the first five months of 2025. Notable recent entrants include Twenty One Capital, Strive and several others.
H100 Group emphasized that the Bitcoin purchase does not affect its core operations in the health and longevity industry. The company views the investment as a strategic deployment of excess liquidity to strengthen its financial position while aligning with its values of individual sovereignty.
The announcement reflects a broader shift in corporate treasury management, as companies seek to diversify their holdings beyond traditional cash reserves.
At press time, Bitcoin trades at $111,108, up 1.28% over the past 24 hours, as institutional adoption continues to drive market momentum. H100 Group’s shares closed up 1.37% at 0.89 SEK on the NGM Nordic SME exchange following the announcement.
This post H100 Group Became The First Publicly Listed Bitcoin Treasury Company In Sweden first appeared on Bitcoin Magazine and is written by Vivek Sen.
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@ 63d59db8:be170f6f
2025-05-23 12:53:00In a world overwhelmed by contradictions—climate change, inequality, political instability, and social disconnection—absurdity becomes an unavoidable lens through which to view the human condition. Inspired by Albert Camus' philosophy, this project explores the tension between life’s inherent meaninglessness and our persistent search for purpose.\ \ The individuals in these images embody a quiet defiance, navigating chaos with a sense of irony and authenticity. Through the act of revolt—against despair, against resignation—they find agency and resilience. These photographs invite reflection, not on solutions, but on our capacity to live meaningfully within absurdity.
Visit Katerina's website here.
Submit your work to the NOICE Visual Expression Awards for a chance to win a few thousand extra sats:
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@ a296b972:e5a7a2e8
2025-05-23 12:42:10Was Rudolf Steiner vor gut 110 Jahren an Informationen zusammengetragen und kommentiert hat, liest sich in großen Abschnitten so, als ob es in der heutigen Zeit geschrieben worden wäre. Man trifft auf eine ganze Reihe von „guten, alten Bekannten“, die auch heute noch maßgeblich an den Strippen ziehen. Deutlich wird, dass ein Krieg nicht aus heiterem Himmel ausbricht, sondern das im Vorfeld schon Kräfte wirken, die auf einen Krieg hinarbeiten. Wie jetzt wieder im Ukraine-Krieg wird diese Vorgeschichte gerne versucht unter den Teppich zu kehren und hochkompetente, sauber recherchierende, akribisch Quellen angebende Journalisten, wie z. B. Frau Gabriele Krone-Schmalz oder Herr Patrik Baab, der sich auf eigene Kosten einen Eindruck von vor Ort verschafft hat, werden versucht mundtot zu machen und mittlerweile gar nicht mehr zu Gesprächen im öffentlich-rechtlichen Rundfunk eingeladen, weil sie die fortlaufende Gehirnwäsche des Ministeriums für Wahrheit und Narrative mit ihren Aussagen gefährden. Andere kommen auf die Sanktionsliste.
Auch heute ist von den „Guten“ und den „Bösen“ die Rede, was darauf schließen lässt, dass man durchaus eingesteht, dass hier geistige Kräfte am Werk sind. Rudolf Steiner kommt auf diese immer wieder zu sprechen. Aus der von ihm gegebenen anthroposophischen Geisteswissenschaft heraus, beleuchtet er die Vorgänge innerhalb der gesamten Menschheitsentwicklung. Mancher stört sich hier an Begriffen, die man heute so nicht mehr verwenden würde. Dabei ist immer zu berücksichtigen, zu welcher Zeit die Vorträge gehalten wurden. Die Anthroposophie von Rudolf Steiner gilt heute bei vielen auch als „umstritten“, aber was ist das heute nicht? Fast könnte man es schon als Auszeichnung sehen, wenn etwas „umstritten“ ist, denn das ist mittlerweile ein Beweis dafür, dass es Ansichten, Meinungen und Einschätzungen gibt, die in einer gesunden Demokratie innerhalb einer Kontroverse zu einem Dialog und Austausch beitragen können, der jedoch leider derzeit weder gewünscht ist, noch gepflegt wird, was an der „Spaltung“ deutlich zu sehen ist. Und auch unter den Anthroposophen hat die „Spaltung“ Einzug gehalten.
Um das aktuelle, viele Bereiche umschließende, gigantische Lügenkonstrukt aufrecht zu erhalten, ist mittlerweile jedes Mittel recht, von der Deutungshoheit der Wahrheit durch systemkonforme Begutachter, bis hin zu infantil-kleingeistigen Kindergartenspielchen, um gegenläufige Meinungen oder Oppositionelle in ihrem Wirken zu behindern.
Der gesunde Hausverstand wird ausgetrocknet, und der Garten des Wahnsinns wird durch immer neue Ideen kranker Geister weiter gegossen, gehegt und gepflegt.
Die Zeitgeschichtlichen Betrachtungen von Rudolf Steiner bestehen aus 3 Bänden aus der GA (Gesamtausgabe):
GA 173 a – Wege zu einer objektiven Urteilsbildung
GA 173 b – Das Karma der Unwahrhaftigkeit
GA 173 c – Die Wirklichkeit okkulter Impulse
Sie bestehen aus niedergeschriebenen Vorträgen und einem sehr umfangreichen Anhang mit näheren Erläuterungen und einer Schilderung der Entstehung dieser drei Bände.
Es bedarf einiger Eingewöhnung in die zur damaligen Zeit verwendete Sprache Rudolf Steiners, der ein Meister im Bilden von Schachtelsätzen war. Der Inhalt jedoch, und auf den kommt es ja an, berührt immer wieder den in allen Menschen vorhandenen Wahrheitssinn.
Hier nur eine kleine Kostprobe, die vielleicht das Interesse wecken kann, sich mit diesem derzeit besonders aktuellen Werk näher zu beschäftigen.
GA 173a, 6. Vortrag, Seite 205 und Seite 206, Dornach, 17. Dezember 1916:
„Viel intimer, viel verborgener liegen die Dinge bei der englischen Politik, die ja ganz beeinflußt ist von dem, was in solcher Weise hinter ihr steckt. Da handelt es sich darum, daß man die Wege findet, um die entsprechenden Menschen an die richtigen Plätze zu befördern. Okkultistische Menschen, im Hintergrunde stehend, sind oftmals – na, verzeihen Sie – Einser, bloße Einser, und bedeuten für sich nichts Besonderes; sie brauchen noch etwas anderes – sie brauchen Nullen. Nullen sind ja nicht Einser, aber (fügt man eine Null zu einer Eins), dann wird gleich eine Zehn daraus. Und wenn man noch mehr Nullen hinzufügt – jede Null ist nur eine Null, aber wenn die Eins irgendwo steckt, dann ist gar mancherlei da, zum Beispiel die Tausend, und wenn man die Eins zudeckt, dann sind (scheinbar) nur die Nullen da; die Nullen brauchen aber nur in der entsprechenden Weise mit den Einsern kombiniert zu sein, und sie brauchen nicht einmal viel zu wissen von der Art, wie sie mit den Einsern kombiniert sind.“
Schildert diese 108 Jahre alte Beschreibung nicht genau das, was sich heute vor unseren Augen abspielt?
Dieser Artikel wurde mit dem Pareto-Client geschrieben
* *
(Bild von pixabay)
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@ 21335073:a244b1ad
2025-05-21 16:58:36The other day, I had the privilege of sitting down with one of my favorite living artists. Our conversation was so captivating that I felt compelled to share it. I’m leaving his name out for privacy.
Since our last meeting, I’d watched a documentary about his life, one he’d helped create. I told him how much I admired his openness in it. There’s something strange about knowing intimate details of someone’s life when they know so little about yours—it’s almost like I knew him too well for the kind of relationship we have.
He paused, then said quietly, with a shy grin, that watching the documentary made him realize how “odd and eccentric” he is. I laughed and told him he’s probably the sanest person I know. Because he’s lived fully, chasing love, passion, and purpose with hardly any regrets. He’s truly lived.
Today, I turn 44, and I’ll admit I’m a bit eccentric myself. I think I came into the world this way. I’ve made mistakes along the way, but I carry few regrets. Every misstep taught me something. And as I age, I’m not interested in blending in with the world—I’ll probably just lean further into my own brand of “weird.” I want to live life to the brim. The older I get, the more I see that the “normal” folks often seem less grounded than the eccentric artists who dare to live boldly. Life’s too short to just exist, actually live.
I’m not saying to be strange just for the sake of it. But I’ve seen what the crowd celebrates, and I’m not impressed. Forge your own path, even if it feels lonely or unpopular at times.
It’s easy to scroll through the news and feel discouraged. But actually, this is one of the most incredible times to be alive! I wake up every day grateful to be here, now. The future is bursting with possibility—I can feel it.
So, to my fellow weirdos on nostr: stay bold. Keep dreaming, keep pushing, no matter what’s trending. Stay wild enough to believe in a free internet for all. Freedom is radical—hold it tight. Live with the soul of an artist and the grit of a fighter. Thanks for inspiring me and so many others to keep hoping. Thank you all for making the last year of my life so special.
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@ 2b468756:7930dd9c
2025-05-23 12:41:01Agorisme is libertarisme in de praktijk: op legale wijze maximale economische en persoonlijke vrijheid. Samen ontdekken en delen we wat er allemaal mogelijk is. We doen dit door: - organiseren jaarlijks agorismefestival - organiseren meerdere themadagen / excursies per jaar - bundelen praktische kennis op Agorisme Wiki - online uitwisselen via (thema)appgroepen
Op deze site worden activiteiten aangekondigd en kun je je opgeven.
Binnenkort: - cursussen metselen, stucen en vloeren - reis naar libertarisch dorp Walden Woods en Liberstad in Noorwegen - introductie Krav Maga zelfverdediging
We zijn gelieerd aan de libertarische partij.
Graag tot ziens!
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@ 8bf578f4:b6303c41
2025-05-23 12:11:21tag discoverability test
testing1788
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@ 8bf578f4:b6303c41
2025-05-23 12:09:02test2
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@ 51bbb15e:b77a2290
2025-05-21 00:24:36Yeah, 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.
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@ 8bf578f4:b6303c41
2025-05-23 12:06:59test 1234
hello
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@ 9ca447d2:fbf5a36d
2025-05-23 12:01:38May 13, 2025 – We are proud to announce that My First Bitcoin has received a $1 million grant from #startsmall. With this financial support from Jack Dorsey’s philanthropic initiative, we will continue to serve grassroots Bitcoin education initiatives worldwide.
This grant accelerates our work in the creation and distribution of free and open-source Bitcoin education materials and infrastructure.
It will not only help us improve existing resources, such as the Bitcoin Diploma, Bitcoin Intro Course, and teacher training workshops, but also to scale our digital platforms like our Online School and Community Hub.
As a non-profit, founded in 2021, we have grown from a local project into a global movement. Besides creating curricula and frameworks, our team has directly taught tens of thousands of in-person students, as we workshop and refine our materials based on real world feedback.
In 2023, we launched the Independent Bitcoin Educators Node Network, providing a space for others to join us on our mission. The network spans 65+ projects from 35+ countries, including circular economies, meetup organizers and other grassroots projects.
All commit to the same six pillars: that their education is independent, impartial, community-led, Bitcoin-only, quality, and focused on empowerment over profit.
While we support that network, it is now self-governing. We always seek to give power-to, rather than have power-over.
John Dennehy, founder and Executive Director of My First Bitcoin, explains:
“The revolution of Bitcoin education is that it teaches students HOW to think, not WHAT to think. Funding from sources with their own incentives is the greatest vulnerability that threatens that. Education will be captured by whoever funds it.
“We will never take any government money and frequently turn down funding from corporations and companies. The subtle influence of funding has ruined fiat education and we need to create alternative models for the revolution of Bitcoin education to realize its full potential.”
Funding for Bitcoin education must be transparent.
This grant is a huge win for all of us. For Bitcoin itself, but even more for Independent Bitcoin Education as a whole. It enables us to serve the global community better than ever before. It shows everyone what can be achieved if you stay close to your values.
“My First Bitcoin is a proof-of-concept for all independent Bitcoin educators that if you stay on the mission, even when it’s challenging, then you will come out the other side even stronger,” added Dennehy.
Arnold Hubach, Director of Communications of My First Bitcoin, continued:
“Open source money deserves open source education. Over the past few years, we’ve seen growing demand for our resources around the world, and we remain committed to serving everyone in the Bitcoin space who needs support.
“This funding enables us to plan further into the future and continue being the first-stop provider of free educational tools.”
We’re grateful to #startsmall for believing in our mission and for understanding that Bitcoin education should always be free from external influence. We’re also grateful to the community for helping us arrive at this point where we are ready to receive such a grant.
You lead us to where we are today. You have been our primary funding source. You will continue to lead us forward.
We will always serve the community.
We’re also grateful for our amazing team and their proof of work. The grant will accelerate the work that they are already doing, such as curricula development, teacher training programs, the expansion of the global network, building online platforms, and providing in-person classes.
We will continue to lead by example, we will continue to push the limits, and we will continue to reimagine what’s possible.
We do not seek to please power in this world, we seek to create a proof-of-concept for a better one where the individual is empowered and able to think critically.
If you are an educator in need of tools or infrastructure; please contact us.
If you can help us continue to build out these tools and maintain this growing global movement; please contact us.
If you are aligned with our mission and are a supporter of independent Bitcoin education, please donate.
We work for the public. In public.
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@ cae03c48:2a7d6671
2025-05-23 12:00:53Bitcoin Magazine
Not ECDSA. Not Schnorr. Meet DahLIAS.Aggregate signatures aren’t new. They’ve been around since the early 2000s. But building one that actually works in Bitcoin’s security model, with Bitcoin’s elliptic curve, has never been proven. Developers speculated it might be possible. They shared hand-wavy sketches and said, “maybe it’d work like MuSig2, but across transaction inputs.” The idea lingered for years as developer folklore, close, never provably confirmed.
That changed recently, when Jonas Nick and Tim Ruffing of Blockstream Research, together with Yannick Seurin of Ledger, published a paper that turned this cryptographic ghost story into a concrete, provable result. DahLIAS is the first formal, secure construction of a full constant-size aggregate signature (CISA) scheme that works on Bitcoin’s native curve!
But that’s a lot of words, so let’s break that down:
- Full aggregation: Multiple signatures across different inputs are combined into one — and the result is a 64 byte signature whose size stays constant, no matter how many signers or inputs.
- Cross-input: Each signer can authorize different inputs, and all combine into one signature.
It adds no significant new assumptions beyond those already relied on by Bitcoin. DahLIAS builds a new cryptographic primitive using the same math Bitcoin already relies on, unlocking an entirely new kind of signature.
Let’s Talk About Curves and Signatures
Digital signatures are how Bitcoin proves that a user has authorized a transaction. When you go to spend bitcoin, your wallet uses a private key to sign a message, and the network verifies that signature using the matching public key.
Bitcoin uses the secp256k1 curve. It is fast, efficient, and has been battle-tested over time. It supports signature schemes like ECDSA (Bitcoin’s original signature algorithm) and Schnorr (added through Taproot in 2021), which are currently the only signature schemes permitted by Bitcoin consensus.
Traditionally, full signature aggregation relied on mathematical operations not supported by Bitcoin’s curve, secp256k1, which made it seem out of reach. These features have typically relied on other types of elliptic curves. For example, BLS (Boneh–Lynn–Shacham) signatures use a special kind of curve called a pairing-friendly curve, which enables advanced operations like combining many signatures, even on different messages, into one.
The problem is that BLS signatures do not work on secp256k1. While Schnorr was a natural upgrade from ECDSA, since both rely on the same kind of elliptic curve, adding BLS would be a much bigger leap and a departure from Bitcoin’s existing security model. Though technically possible, it would introduce new cryptographic assumptions and add significant complexity to the protocol. Supporting a curve that is pairing-friendly, like BLS12-381, would be a major change for Bitcoin.
This is part of why full signature aggregation has never been done on secp256k1.
Until now.
What Aggregate Signatures Actually Do
Most Bitcoin users are familiar with multisignatures. In a multisig wallet, multiple people jointly authorize the spending of a single UTXO or some specific “coin”. Everyone signs the same input data. This setup is useful for things like shared custody wallets.
Aggregate signatures work differently. Instead of multiple people signing the same input or coin, each signer authorizes a different UTXO in a transaction. These separate signatures are then compressed into one compact proof. With DahLIAS, that means a single 64-byte signature on Bitcoin’s secp256k1 curve that verifies all inputs at once.
That means if you have five inputs from five different people, the transaction needs five different signatures. With an aggregate signature, all of those can be bundled into one. Even if each signer is spending a different input and signing a different part of the transaction, the result is one signature that proves the entire transaction was properly authorized.
It’s like zipping a whole list of approvals into one file. The signature is compact, but still verifiably proves that each signer authorized their specific UTXO.
Instead of verifying 10 separate signatures, you verify one.
This helps realign incentives for privacy. By reducing the signature overhead to a single 64-byte proof, DahLIAS lowers the cost of combining inputs in CoinJoins, making it financially smarter to choose privacy than to go without it.
Why Half-Aggregation Got Close
Shortly after Schnorr signatures were introduced on Bitcoin, developers explored half-aggregation, as a way to compress multiple signatures but they were not fixed size. Each input contributes to the size of the signature, so the transaction still grows with every participant. DahLIAS fixes this by enabling full-aggregation across inputs and signers. No matter how many people are involved or what they’re signing, all their signatures compress into one constant-size, 64-byte proof.
What DahLIAS Actually Unlocks
The main benefit here is that DahLIAS are reducing the size of complex transactions.
DahLIAS uses a two-round interactive signing process. It’s similar to MuSig2 in that regard, but it isn’t a multisignature protocol because it doesn’t require all participants to co-sign the same message. Instead, it aggregates different signatures on different messages across the transaction.
DahLIAS is also faster to verify than checking each signature individually, up to twice as fast in some cases. Lower verification costs make it easier for more people to run full nodes, which helps preserve Bitcoin’s decentralization over time.
Importantly, DahLIAS comes with strong cryptographic guarantees. The scheme includes formal security proofs. Earlier ‘folklore’ approaches to full signature aggregation lacked this, and some were even later shown to be insecure. Fortunately they weren’t adopted prematurely.
It’s worth repeating: DahLIAS is not a multisig protocol. It isn’t comparable to MuSig2 or FROST from a functional standpoint, even if it shares similar cryptographic building blocks. It serves a different purpose. It offers a new way to encode many independent approvals into one clean, verifiable package.
Future Directions
You might think: if DahLIAS is so powerful, why isn’t it a BIP? Why not propose it for Bitcoin consensus?
DahLIAS signatures don’t look like Schnorr or ECDSA signatures. The verification algorithm is different. Instead of taking a single public key, message, and signature, a DahLIAS verifier takes lists of public keys and messages, and a single 64-byte proof.
This makes DahLIAS incompatible with Bitcoin’s current consensus rules. Supporting it at the base layer would require a consensus change. This paper doesn’t propose that change, but it does something equally important.
This paper shows that a full signature aggregation scheme for Bitcoin’s native curve is possible.
That alone is a major step forward.
To make DahLIAS part of Bitcoin, someone would need to write a Bitcoin Improvement Proposal (BIP), maybe even using secp256k1lab. That means specifying the scheme in detail, considering its implications for consensus and implementation, and building community support. This paper lays the cryptographic foundation for that conversation.
The real value of the DahLIAS paper is what it proves. Full signature aggregation on secp256k1 is not just a thought experiment. It’s concrete. It’s efficient. It’s secure. For years, the idea lived in developer folklore. Now, it’s written down, analyzed, and proven. All that’s left is to bring it to Bitcoin—if we want it.
This is a guest post by Kiara Bickers. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
This post Not ECDSA. Not Schnorr. Meet DahLIAS. first appeared on Bitcoin Magazine and is written by Kiara Bickers.
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@ 9ca447d2:fbf5a36d
2025-05-22 14:01:52Gen Z (those born between 1997 and 2012) are not rushing to stack sats, and Oliver Porter, Founder & CEO of Jippi, understands the challenge better than most. His strategy revolves around adapting Bitcoin education to fit seamlessly into the digital lives of young adults.
“We need to meet them where they are,” Oliver explains. “90% of Gen Z plays games. 70% expect to earn rewards.”
So, what will effectively introduce them to Bitcoin? In Oliver’s mind, the answer is simple: games that don’t feel preachy but still plant the orange pill.
Learn more at Jippi.app
That’s exactly what Jippi is. Based in Austin, Texas, the team has created a mobile augmented reality (AR) game that rewards players in bitcoin and sneakily teaches them why sound money matters.
“It’s Pokémon GO… but for sats,” Oliver puts it succinctly.
Jippi is like Pokemon Go, but for sats
Oliver’s Bitcoin journey, like many in the space, began long before he was ready. A former colleague had tried planting the seed years earlier, handing him a copy of The Bitcoin Standard. But the moment passed.
It wasn’t until the chaos of 2020 when lockdowns hit, printing presses roared, and civil liberties shrank that the message finally landed for him.
“The government got so good at doing reverse Robin Hood,” Oliver explains. “They steal from the working population and reward the rich.”
By 2020, though, the absurdity of the covid hysteria had caused his eyes to be opened and the orange light seemed the best path back to freedom.
He left the UK for Austin “one of the best places for Bitcoiners,” he says, and dove headfirst into the industry, working at Swan for a year before founding Jippi on PlebLab’s accelerator program.
Jippi’s flagship game lets players roam their cities hunting digital creatures, Bitcoin Beasts, tied to real-world locations. Catching them requires answering Bitcoin trivia, and the reward is sats.
No jargon. No hour-long lectures. Just gameplay with sound money principles woven right in.
The model is working. At a recent hackathon in Austin, Jippi beat out 14 other teams to win first place and $15,000 in prize money.
Oliver of Jippi won Top Builder Season 2 — PlebLab on X
“We’re backdooring Bitcoin education,” Oliver admits. “And while we’re at it, encouraging people to get outside and touch grass.”
Not everyone’s been thrilled. When Jippi team members visited one of the more liberal-leaning places in Texas, UT Austin, to test interest in Bitcoin, they found some seriously committed no-coiners on the campus.
“One young woman told me, ‘I would rather die than talk about Bitcoin,'” Oliver recalls, highlighting the cultural resistance that’s built up among younger demographics.
This resistance is backed by hard data. According to Oliver, some of the Bitcoin podcasters they met with in the space to do market research reported that less than 1% of their listeners are from Gen Z and that number is dropping.
“Unless we find a way to capture their interest in a meaningful way, there’s going to be a big problem around trying to sway Gen Z away from the siren call of s***coins and crypto casinos and towards Bitcoin,” Oliver warns.
Jippi’s next big move is Las Vegas, where they’ll launch the Beast Catch experience at the Venetian during a major Bitcoin event. To mark the occasion, they’re opening up six limited sponsorship spots for Bitcoin companies, each one tied to a custom in-game beast.
Jippi looks to launch a special event at Bitcoin 2025
“It’s real estate inside the game,” Oliver explains. “Brands become allies, not intrusions. You get a logo, company name, and call to action, so we can push people to your site or app.”
Bitcoin Well—an automatic self-custody Bitcoin platform—has claimed Beast #1. Only five exclusive spots remain for Bitcoin companies to “beastify their brand” through Jippi’s immersive AR game.
“I love the Jippi mission. I think gamified learning is how we will onboard the next generation and it’s exciting to see what the Jippi team is doing! I love working with bitcoiners towards our common mission – bullish!” said Adam O’Brien, Bitcoin Well CEO.
Jippi’s sponsorship model is simple: align incentives, respect users, and support builders. Instead of throwing ad money at tech giants, Bitcoin companies can connect with new users naturally while they’re having fun and earning sats in the process.
For Bitcoin companies looking to reach a younger demographic, this represents a unique opportunity to showcase their brand to up to 30,000 potential customers at the Vegas event.
Jippi Bitcoin Beast partnership
While Jippi’s current focus is simple, get the game into more cities, Oliver sees a future where AR glasses and AI help personalize Bitcoin education even further.
“The magic is going to really happen when Apple releases the glasses form factor,” he says, describing how augmented reality could enhance real-world connections rather than isolate users.
In the longer term, Jippi aims to evolve from a free-to-play model toward a pay-to-play version with higher stakes. Users would form “tribes” with friends to compete for substantial bitcoin prizes, creating social connections along with financial education.
Unlike VC-backed startups, Jippi is raising funds pleb style via Timestamp, an open investment platform for Bitcoin companies.
“You don’t have to be an accredited investor,” Oliver explains. “You’re directly supporting the parallel Bitcoin economy by investing in Bitcoin companies for equity.”
Anyone can invest as little as $100. Perks include early access, exclusive game content, and even creating your own beast design with your name/pseudonym and unique game lore. Each investment comes with direct ownership of an early-stage Bitcoin company like Jippi.
For Oliver, this is more than just a business. It’s about future-proofing Bitcoin adoption and ensuring Satoshi’s vision lives on, especially as many people are lured by altcoins, NFTs, and social media dopamine.
“We’re on the right side of history,” he says firmly. “I want my grandkids to know that early on in the Bitcoin revolution, games like Jippi helped make it stick.”
In a world increasingly absorbed by screens and short attention spans, Jippi’s combination of outdoor play, sats rewards, and Bitcoin education might be exactly the bridge Gen Z needs.
Interested in sponsoring a Beast or investing in Jippi? Reach out to Jippi directly by heading to their partnerships page on their website or visit their Timestamp page to invest in Jippi today.
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@ 39cc53c9:27168656
2025-05-20 10:45:31The new website is finally live! I put in a lot of hard work over the past months on it. I'm proud to say that it's out now and it looks pretty cool, at least to me!
Why rewrite it all?
The old kycnot.me site was built using Python with Flask about two years ago. Since then, I've gained a lot more experience with Golang and coding in general. Trying to update that old codebase, which had a lot of design flaws, would have been a bad idea. It would have been like building on an unstable foundation.
That's why I made the decision to rewrite the entire application. Initially, I chose to use SvelteKit with JavaScript. I did manage to create a stable site that looked similar to the new one, but it required Jav aScript to work. As I kept coding, I started feeling like I was repeating "the Python mistake". I was writing the app in a language I wasn't very familiar with (just like when I was learning Python at that mom ent), and I wasn't happy with the code. It felt like spaghetti code all the time.
So, I made a complete U-turn and started over, this time using Golang. While I'm not as proficient in Golang as I am in Python now, I find it to be a very enjoyable language to code with. Most aof my recent pr ojects have been written in Golang, and I'm getting the hang of it. I tried to make the best decisions I could and structure the code as well as possible. Of course, there's still room for improvement, which I'll address in future updates.
Now I have a more maintainable website that can scale much better. It uses a real database instead of a JSON file like the old site, and I can add many more features. Since I chose to go with Golang, I mad e the "tradeoff" of not using JavaScript at all, so all the rendering load falls on the server. But I believe it's a tradeoff that's worth it.
What's new
- UI/UX - I've designed a new logo and color palette for kycnot.me. I think it looks pretty cool and cypherpunk. I am not a graphic designer, but I think I did a decent work and I put a lot of thinking on it to make it pleasant!
- Point system - The new point system provides more detailed information about the listings, and can be expanded to cover additional features across all services. Anyone can request a new point!
- ToS Scrapper: I've implemented a powerful automated terms-of-service scrapper that collects all the ToS pages from the listings. It saves you from the hassle of reading the ToS by listing the lines that are suspiciously related to KYC/AML practices. This is still in development and it will improve for sure, but it works pretty fine right now!
- Search bar - The new search bar allows you to easily filter services. It performs a full-text search on the Title, Description, Category, and Tags of all the services. Looking for VPN services? Just search for "vpn"!
- Transparency - To be more transparent, all discussions about services now take place publicly on GitLab. I won't be answering any e-mails (an auto-reply will prompt to write to the corresponding Gitlab issue). This ensures that all service-related matters are publicly accessible and recorded. Additionally, there's a real-time audits page that displays database changes.
- Listing Requests - I have upgraded the request system. The new form allows you to directly request services or points without any extra steps. In the future, I plan to enable requests for specific changes to parts of the website.
- Lightweight and fast - The new site is lighter and faster than its predecessor!
- Tor and I2P - At last! kycnot.me is now officially on Tor and I2P!
How?
This rewrite has been a labor of love, in the end, I've been working on this for more than 3 months now. I don't have a team, so I work by myself on my free time, but I find great joy in helping people on their private journey with cryptocurrencies. Making it easier for individuals to use cryptocurrencies without KYC is a goal I am proud of!
If you appreciate my work, you can support me through the methods listed here. Alternatively, feel free to send me an email with a kind message!
Technical details
All the code is written in Golang, the website makes use of the chi router for the routing part. I also make use of BigCache for caching database requests. There is 0 JavaScript, so all the rendering load falls on the server, this means it needed to be efficient enough to not drawn with a few users since the old site was reporting about 2M requests per month on average (note that this are not unique users).
The database is running with mariadb, using gorm as the ORM. This is more than enough for this project. I started working with an
sqlite
database, but I ended up migrating to mariadb since it works better with JSON.The scraper is using chromedp combined with a series of keywords, regex and other logic. It runs every 24h and scraps all the services. You can find the scraper code here.
The frontend is written using Golang Templates for the HTML, and TailwindCSS plus DaisyUI for the CSS classes framework. I also use some plain CSS, but it's minimal.
The requests forms is the only part of the project that requires JavaScript to be enabled. It is needed for parsing some from fields that are a bit complex and for the "captcha", which is a simple Proof of Work that runs on your browser, destinated to avoid spam. For this, I use mCaptcha.
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@ 57d1a264:69f1fee1
2025-05-22 13:13:36Graphics materials for Bitcoin Knots https://github.com/bitcoinknots branding. See below guide image for reference, a bit cleaner and scalable:
Font family "Aileron" is provided free for personal and commercial use, and can be found here: https://www.1001fonts.com/aileron-font.html
Source: https://github.com/Blissmode/bitcoinknots-gfx/tree/main
https://stacker.news/items/986624
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@ c9badfea:610f861a
2025-05-20 19:49:20- Install Sky Map (it's free and open source)
- Launch the app and tap Accept, then tap OK
- When asked to access the device's location, tap While Using The App
- Tap somewhere on the screen to activate the menu, then tap ⁝ and select Settings
- Disable Send Usage Statistics
- 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
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@ 30b99916:3cc6e3fe
2025-05-23 13:16:37sourcegraph #vibecoding #ai #bitcoin #security
After reading the article Revenge of the junior developer, this inspired me to go take a look at Sourcegraph.com to get a better understanding of all this AI stuff.
The first step was installing the VS Code extension called, Cody which is a coding agent. The Cody features explain the code in a file and review and analyze code did an extremely impressive job with VaultApi and BTCwallet.
VaultApi and BTCwallet are PowerShell scripts that are available from my BTCPAY Server
All of the following output was generated by Cody.
Code Analysis of VaultApi.ps1
The VaultApi.ps1 script is generally well-structured and follows many PowerShell best practices. It has comprehensive documentation, version history, and clear parameter definitions. The suggestions below would further enhance what is already a solid codebase. The author has clearly put significant effort into making the script functional and user-friendly, with good attention to cross-platform compatibility and security considerations.
VaultApi.ps1 Explanation
VaultApi.ps1 is a PowerShell script that helps users interact with HashiCorp Vault, which is a tool for securely storing and managing sensitive information like passwords and API keys.
Purpose of the Code
This script makes it easier to use Vault by providing simple commands to start the Vault server, unlock it (unseal), log in, store secrets, retrieve secrets, and shut down the server. Think of it as a friendly interface that simplifies all the complex operations you would otherwise need to do manually with Vault.
Inputs
The script takes several inputs:
- An
action
parameter that tells the script what operation to perform (like "Start", "Stop", "Kv1Create", "Kv1Read") - A
kvpath
parameter that specifies where in Vault to store or retrieve information - A
kvalue
parameter for the actual secret value you want to store - A
kvkey
parameter that lets you specify a custom name for your secret - Optional switches like
-Info
to show more detailed information and-Raw
to display output directly instead of copying to clipboard
Outputs
Depending on the action performed, the script produces different outputs:
- Text messages in the console showing the status of operations
- Secret values retrieved from Vault (either displayed or copied to clipboard)
- Lists of available secret paths
- Status information about the Vault server
- Backup files of your Vault data
How It Works
The script works by:
- First checking if Vault is installed and running
- Setting up communication with the Vault server using its API address
- Performing the requested action by sending the appropriate commands to Vault
- Processing any responses and displaying results to the user
For example, when you use the "Kv1Create" action, the script:
- Checks if you're logged in
- Verifies the path doesn't already exist
- Formats your data correctly
- Sends a request to Vault to create the new secret
- Shows you the result
Important Logic Flows
Some key processes in the script include:
-
Authentication flow: The script helps you log in using either a token or username/password, then stores your authentication token for future commands.
-
Unsealing process: Vault requires multiple keys to unlock (unseal) it after starting. The script can retrieve these keys from a secure file or prompt you to enter them.
-
Secret management: The script handles creating, reading, updating, and deleting secrets, supporting both single values and multiple key-value pairs at a path.
-
Path management: The script can list all available paths and help you search for specific ones, making it easier to organize and find your secrets.
-
Value generation: When creating or updating secrets, you can use the keyword "setvalue" to automatically generate a random 20-character value, which is then copied to your clipboard.
The script uses a configuration file in your home directory to know how to connect to Vault, and it can optionally use encrypted files to store sensitive information like unlock keys. It communicates with Vault using REST API calls, which are like special messages that tell Vault what to do.
In summary, VaultApi.ps1 is a helper tool that makes it much easier to use HashiCorp Vault for securely storing and managing your sensitive information, without needing to remember all the complex commands and procedures.
Code Analysis of BTCwallet.ps1
The script generally follows sound design principles with good organization, comments, and documentation. It demonstrates thoughtful error checking and user interaction. The identified opportunities for enhancement would primarily improve security, maintainability, and robustness rather than addressing fundamental flaws. The script author has clearly put significant effort into creating a comprehensive tool with good documentation and practical functionality.
BTCwallet.ps1 Explanation
The BTCwallet.ps1 script is a PowerShell tool designed to help Bitcoin users manage different wallet applications on a Linux system. It provides a convenient way to start, stop, and check the status of Bitcoin wallets while adding security features.
Purpose
The main purpose of this script is to securely manage Bitcoin wallets, particularly focusing on "cold storage" solutions. Cold storage means keeping your Bitcoin wallet data in an encrypted container that's only mounted when needed, which is more secure than keeping it always accessible ("hot storage").
Inputs
The script takes one main input parameter:
$action
: This can be "start", "stop", or "check" (default), telling the script what operation to perform on your Bitcoin wallet.
Outputs
The script doesn't return data but produces several visible outputs:
- Status messages showing whether wallets are running or stopped
- Prompts for user input when decisions are needed
- Confirmation messages when actions are completed
How It Works
-
When you run the script, it first loads a configuration file (BTCwalletCfg.xml) that contains information about which wallets you have installed.
-
Based on the
$action
parameter, it performs one of three main functions:- Check: Shows if your wallet application is currently running
- Start: Launches your wallet application, with options for hot or cold storage
- Stop: Closes your wallet application and securely dismounts any encrypted containers
- For security, the script can use HashiCorp Vault (a secure password manager) to store sensitive information like passwords for encrypted containers.
-
The script also verifies its own integrity by checking its file hash against a previously stored value, alerting you if the script has been modified.
Important Logic Flows
Starting a Wallet
When starting a wallet, the script:
- Asks which wallet you want to use (Sparrow, GreenWallet, or Wasabi)
- Checks if HashiCorp Vault is running and starts it if needed
- Verifies the script's integrity by comparing file hashes
- Asks if you want to use hot or cold storage
- For cold storage, it:
- Retrieves the encrypted container's location and password
- Mounts the encrypted container using VeraCrypt
- Starts the wallet application pointing to the mounted container
- For hot storage, it simply starts the wallet application with default settings
Stopping a Wallet
When stopping a wallet, the script:
- Checks if the wallet is still running and asks you to close it first if needed
- For cold storage wallets, it moves any wallet files back to the encrypted container
- Dismounts the encrypted container
- Optionally stops the HashiCorp Vault service
The script handles different wallet applications (Sparrow, GreenWallet, and Wasabi) slightly differently based on how each one stores its data and what command-line options they support.
In summary, BTCwallet.ps1 provides a secure way to manage Bitcoin wallets by combining wallet applications with encrypted storage and password management, all controlled through simple commands.
- An
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@ 57d1a264:69f1fee1
2025-05-22 12:36:20Graphics materials for Bitcoin Knots https://github.com/bitcoinknots branding. See below guide image for reference, a bit cleaner and scalable:
Font family "Aileron" is provided free for personal and commercial use, and can be found here: https://www.1001fonts.com/aileron-font.html
Source: https://github.com/Blissmode/bitcoinknots-gfx/tree/main
https://stacker.news/items/986587
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@ 04c915da:3dfbecc9
2025-05-20 15:53:48This 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.
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@ 57d1a264:69f1fee1
2025-05-22 06:21:22You’ve probably seen it before.
You open an agency’s website or a freelancer’s portfolio. At the very top of the homepage, it says:
We design for startups.
You wait 3 seconds. The last word fades out and a new one fades in:
We design for agencies.
Wait 3 more seconds:
We design for founders.
I call this design pattern The Wheel of Nothing: a rotating list of audience segments meant to impress through inclusion and draw attention through motion… for absolutely no reason.
Revered brand studio Pentagram recently launched a new website. To my surprise, the homepage features the Wheel of Nothing front and center, boldly claiming:
We design Everything for Everyone…before cycling through more specific combinations every few seconds.
Dan Mall, a husband, dad, teacher, creative director, designer, founder, and entrepreneur from Philly. I share as much as I can to create better opportunities for those who wouldn’t have them otherwise. Most recently, I ran design system consultancy SuperFriendly for over a decade.
Read more at Dans' website https://danmall.com/posts/the-wheel-of-nothing/
https://stacker.news/items/986392
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@ cae03c48:2a7d6671
2025-05-23 12:00:52Bitcoin Magazine
KindlyMD, Nakamoto, and Anchorage Digital Form Strategic Bitcoin Treasury AllianceNakamoto Holdings Inc., KindlyMD, Inc., and Anchorage Digital today announced a strategic partnership that will see Anchorage become a trading partner for KindlyMD’s Bitcoin treasury. The partnership will officially take effect upon the close of KindlyMD’s merger with Nakamoto, expected in Q3 2025.
NEW! Anchorage Digital
@Nakamoto @KindlyMD
Today we’re thrilled to announce a strategic partnership with Nakamoto Holdings and $KDLY to accelerate the future of corporate Bitcoin adoption. pic.twitter.com/nQueTyutQH
— Anchorage Digital
(@Anchorage) May 21, 2025
Anchorage Digital, a U.S. federally chartered digital asset bank, will provide institutional-grade custody, 24/7 trading, and deep liquidity to support the Bitcoin strategy of the combined entity.
“In the not-so-distant-future, the omission of Bitcoin on a balance sheet will be more glaring than its inclusion,” said Nathan McCauley, CEO and Co-Founder of Anchorage Digital. “Until then, companies like Nakamoto-KindlyMD are pioneering a new path forward—one in which Bitcoin is at the heart of corporate strategy.”
The future of corporate treasury strategy is Bitcoin-native. We're here to make it happen. Pumped to be partnering with @Nakamoto and @KindlyMD.@DavidFBailey’s vision continues to open new doors.
— Nathan McCauley
(@nathanmccauley) May 21, 2025
The merger between KindlyMD and Nakamoto is backed by approximately $710 million in financing, including $510 million in PIPE funding—the largest ever PIPE for a public crypto-related deal. The goal is to establish a Bitcoin-native corporate treasury strategy that redefines how capital markets engage with digital assets.
“Our goal is to bring Bitcoin to the center of global capital markets within a compliant, transparent structure,” said David Bailey, Founder and CEO of Nakamoto Holdings Inc. “We are excited to partner with Anchorage Digital to implement our vision with the highest levels of security and battle-tested infrastructure and enable us to deliver sustained value to shareholders.”
This announcement follows a key milestone on May 18, when KindlyMD shareholders approved the proposed merger with Nakamoto. The transaction is now expected to close in Q3 2025, pending SEC review and information statement distribution.
“This milestone brings us one step closer to unlocking Bitcoin’s potential for KindlyMD shareholders,” Bailey said yesterday. “We are grateful that KindlyMD shares our vision for a future in which Bitcoin is a core part of the corporate balance sheet.”
With its Bitcoin-first strategy and strategic alliances, the Nakamoto-KindlyMD partnership is set to accelerate institutional Bitcoin adoption—and with Anchorage Digital’s infrastructure behind it, the foundation is now firmly in place.
“By collaborating with Anchorage Digital, we are implementing our Bitcoin treasury strategy with the utmost standards in safety and security for our shareholders,” stated Tim Pickett, CEO of KindlyMD. “Their institutional-grade platform allows us to confidently hold Bitcoin as a treasury asset as we look to unlock access to Bitcoin and drive value for the long term.”
Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here.
This post KindlyMD, Nakamoto, and Anchorage Digital Form Strategic Bitcoin Treasury Alliance first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ cae03c48:2a7d6671
2025-05-23 12:00:50Bitcoin Magazine
Bitcoin Liquid Network Surpasses $3.27 Billion in Total Value LockedToday, the Liquid Federation has announced that the Liquid Network has surpassed $3.27 billion in total value locked (TVL), according to a press release shared with Bitcoin Magazine.
“Surpassing the $3 billion threshold marks a pivotal moment for both Liquid and Bitcoin, signaling the evolution of Bitcoinʼs ecosystem into a full-fledged platform for global financial markets,” said the CEO and Co-Founder of Blockstream Dr. Adam Back. “As Bitcoin gains mainstream acceptance, and demand for regulated asset tokenization accelerates, Liquid is better positioned than ever to bridge Bitcoin with traditional finance and drive the next wave of capital markets innovation.”
The announcement follows growing interest in tokenizing real-world assets (RWAs), with major moves such as BlackRock’s decision to tokenize a $150 billion Treasury fund. According to a 2025 report by Security Token Market, the tokenized asset market is projected to grow to $30 trillion by 2030.
Liquid supports over $1.8 billion in tokenized private credit and offers products like U.S. Treasury notes and digital currencies through Blockstream’s AMP platform. The network also features fast, low-cost, and confidential transactions, with support for atomic swaps and robust smart contracts.
Governed by over 80 global institutions, Liquid was launched in 2018 as Bitcoin’s first sidechain. It is now preparing for a major upgrade with the mainnet release of Simplicity, aimed at expanding its smart contract capabilities.
To keep up with increasing demand, the Liquid Federation is boosting developer resources and technical onboardings, along with integrations with exchanges, custodians and service providers. Recent bootcamps and important meetings with policy makers in Asia, Europe and Latin America reflect the network’s growing global presence.
This post Bitcoin Liquid Network Surpasses $3.27 Billion in Total Value Locked first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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@ 04c915da:3dfbecc9
2025-05-20 15:47:16Here’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.
-
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@ cae03c48:2a7d6671
2025-05-23 12:00:49Bitcoin Magazine
Spark Partners with Breez to Launch Bitcoin-Native SDK for Lightning PaymentsToday, Breez and Spark have announced a new implementation of the Breez SDK, built on Spark’s Bitcoin-native Layer 2 infrastructure. According to a press release sent to Bitcoin Magazine, the update is intended to make it easier for developers to integrate self-custodial Bitcoin Lightning payments into everyday apps and services.
Few companies are as good as @Breez_Tech at putting Bitcoin in people’s hands. We’re incredibly humbled to have them building on Spark.
Learn more → https://t.co/KRPpWJa3os pic.twitter.com/QiCfHbWu9d
— Spark (@buildonspark) May 22, 2025
“This is what the future of Bitcoin looks like — fast, open, and embedded in the apps people use every day. By teaming up with Breez, we’re expanding the ecosystem and giving developers powerful, Bitcoin-native tools to build next-generation payment experiences. Together, we’re building the standard for global, peer-to-peer transactions,” said the creator of Spark Kevin Hurley.
The SDK supports LNURL, Lightning addresses, real-time mobile notifications, and includes bindings for all major programming languages and frameworks. It is designed to allow developers to build directly on Bitcoin without relying on bridges or external consensus. This collaboration gives developers tools to add Bitcoin payment features to apps used for monetization social apps, cross-border remittances, and in-game currencies.
“We need developers to bring Bitcoin into apps people use every day,” said the CEO of Breez Roy Sheinfeld. “That’s why we built the Breez SDK. We’re excited to build on Spark’s revolutionary architecture — giving developers a powerful new Bitcoin-native option and continuing to strengthen Lightning as the common language of Bitcoin.”
Breez will also operate as a Spark Service Provider (SSP), alongside Lightspark, to help support payment facilitation and the growth of Spark’s ecosystem. The new implementation is expected to be released later this year.
“We’re excited to see what developers build with Spark; it’s very exciting to see this come to the world,” said the co-founder and CEO of Lightspark David Marcus.
The Breez SDK is expanding
We’re joining forces with @buildonspark to release a new nodeless implementation of the Breez SDK — giving developers the tools they need to bring Bitcoin payments to everyday apps.
Bitcoin-Native
Powered by Spark’s…— Breez
(@Breez_Tech) May 22, 2025
Yesterday, Magic Eden also partnered with Spark to improve Bitcoin trading by addressing issues like slow transaction times, high fees, and poor user experience. The integration will introduce a native settlement system aimed at making transactions faster and more cost-effective, without using bridges or synthetic assets.
“We’re proud to be betting on BTC DeFi,” said the CEO of Magic Eden Jack Lu. “We’re going to lead the forefront of all Bitcoin DeFi to make BTC fast, fun, and for everyone with Magic Eden as the #1 BTC native app on-chain.”
This post Spark Partners with Breez to Launch Bitcoin-Native SDK for Lightning Payments first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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@ dfa02707:41ca50e3
2025-05-23 11:01:36Contribute to keep No Bullshit Bitcoin news going.
- Wasabi Wallet v2.6.0 "Prometheus" is a major update for the project, focused on resilience and independence from centralized systems.
- Key features include support for BIP 158 block filters for direct node synchronization, a revamped full node integration for easier setup without third-party reliance, SLIP 39 share backups for flexible wallet recovery (sponsored by Trezor), and a Nostr-based update manager for censorship-resistant updates.
- Additional improvements include UI bug fixes, a new fallback for transaction broadcasting, updated code signing, stricter JSON serialization, and options to avoid third-party rate providers, alongside various under-the-hood enhancements.
This new version brings us closer to our ultimate goal: ensuring Wasabi is future-proof," said the developers, while also highlighting the following key areas of focus for the project:
- Ensuring users can always fully and securely use their client.
- Making contribution and forks easy through a codebase of the highest quality possible: understandable, maintainable, and improvable.
"As we achieve our survival goals, expect more cutting-edge improvements in Bitcoin privacy and self-custody. Thank you for the trust you place in us by using Wasabi," was stated in the release notes.
What's new
- Support for Standard BIP 158 Block Filters. Wasabi now syncs using BIP 158 filters without a backend/indexer, connecting directly to a user's node. This boosts sync speed, resilience, and allows full sovereignty without specific server dependency.
- Full Node Integration Rework. The old integration has been replaced with a simpler, more adaptable system. It’s not tied to a specific Bitcoin node fork, doesn’t need the node on the same machine as Wasabi, and requires no changes to the node’s setup.
- "Simply enable the RPC server on your node and point Wasabi to it," said the developers. This ensures all Bitcoin network activities—like retrieving blocks, fee estimations, block filters, and transaction broadcasting—go through your own node, avoiding reliance on third parties.
- Create & Recover SLIP 39 Shares. Users now create and recover wallets with multiple share backups using SLIP 39 standard.
"Special thanks to Trezor (SatoshiLabs) for sponsoring this amazing feature."
- Nostr Update Manager. This version implements a pioneering system with the Nostr protocol for update information and downloads, replacing reliance on GitHub. This enhances the project's resilience, ensuring updates even if GitHub is unavailable, while still verifying updates with the project's secure certificate.
- Updated Avalonia to v11.2.7, fixes for UI bugs (including restoring Minimize on macOS Sequoia).
- Added a configurable third-party fallback for broadcasting transactions if other methods fail.
- Replaced Windows Code Signing Certificate with Azure Trusted Signing.
- Many bug fixes, improved codebase, and enhanced CI pipeline.
- Added the option to avoid using any third-party Exchange Rate and Fee Rate providers (Wasabi can work without them).
- Rebuilt all JSON Serialization mechanisms avoiding default .NET converters. Serialization is now stricter.
Full Changelog: v2.5.1...v2.6.0
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@ 8aa70f44:3073d1a6
2025-05-21 13:07:14Earlier this year I launched the asknostr.site project which has been a great journey and learning experience. I had wanted to write down my goals and ideas with the project but didn't get to it yet. Primal launching the article editor was a trigger for me to go for it.
Ever since I joined Nostr i was looking for ways to apply my skillset solve a problem and help with adoption. Around Christmas I figured that a Quora/Stackoverflow alternative is something that needs to exist on Nostr.
Before I knew it I had a pretty decent prototype. And because the network already had so much awesome content, contributors and authors I was never discouraged by the challenge that kills so many good ideas -> "Where do I get the first users?".
Since the initial announcement I have received so much encouragement through zaps, likes, DM's, and maybe most of all seeing the increase in usage of the site and #asknostr content kept me going.
Current State
The current version of the site is stable and most bugs are hashed out. After logging in (remote signer, extension or nsec) you can engage with content through votes, comments and replies. Or simply ask a new question.
All content is stored in the site's own private relay and preprocessed/computed into a single data store (postgres) so the site is fast, accessible and crawl-able.
The site supports browsing hashtags, voting/commenting on answers, asking new questions and every contributor get their own profile (example). At the time of writing the site has 41k questions, almost 200k replies/comments and upwards of 5 million sats purely for #asknostr content.
What to expect/On my list
There are plenty of things and UI bugs that need love and between writing the draft of this post and hitting publish I shipped 3 minor bug fixes. Little by little, bit by bit...
In addition to all those small details here is an overview of the things on my own wish list:
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Inline Zaps: Ability to zap from the asknostr.site interface. Click the zap button, specify or pick the number of sats zap away.
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Contributor Rank: A leaderboard to add some gamification. More recognition to those nostriches that spend their time helping other people out
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Search by Keyword: Search all content by keywords. Experiment with the index to show related questions or answers
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Better User Profiles: Improve the user profile so it shows all the profile questions and answers. Quick buttons to follow or zap that person. Better insights in the topics (hashtags) the profile contributes to
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Bookmarks: Ability to bookmark questions and answers. Increase bookmark weight as a signal to rank answers.
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Smarter Scoring: Tune how answers are scored (winning answer formula). Perhaps give more weight to the question author or use WoT. Not sure yet.
All of this is happening at some point so follow me if you want to stay up to date.
Goals
To manage expectations and keep me focussed I write down the mid and long term goals of the project.
Long term
Call me cheesy but I believe that humanity will flourish through an open web and sound money. My own journey started from with bitcoin but if you asked me today if it's BTC or nostr that is going to have the most impact I wouldn't know what to answer. Chicken or egg?
The goal of the project is to offer an open platform that empowers individuals to ask questions, share expertise and access high-quality information across different topics. The project empowers anyone to monetize their experience creating a sustainable ecosystem that values and rewards knowledge sharing. This will ultimately democratize access to knowledge for all.
Mid term
The project can help a lot with onboarding new users onto the network. Once we start to rank on certain topics we can get a piece of the search traffic pie (StackOverflows 12 million, and Quora 150 million visitors per month) which is a great way to expose people to the power of the network.
First time visitors do not need to know about nostr or zaps to receive value. They can browse around, discover interesting content and perhaps even create a profile without even knowing they are on Nostr now.
Gradually those users will understand the value of the network through better rankings (zaps beats likes), a cross-client experience and a profile that can be used on any nostr site or app.
In order for the site to do that we need to make sure content is browsable by language, (sub)topics and and we double down on 'the human touch' with real contributors and not LLMs.
Short Term Goal
The first goal is to make the site really good and an important resource for existing Nostr users. Enable visitors to search and discover what they are interested in. Integrate within the existing nostr eco system with 'open in' functionality and quick links to interesting projects (followerpacks?)
One of things i want to get right is to improve user retention by making the whole Q\&A experience more sticky. I want to run some experiments (bots, award, summaries) to get more people to use asknostr.site more often and come back.
What about the name?
Finally the big question: What about the asknostr.site name? I don't like the name that much but it's what people know. I think there is a high chance that people will discover Nostr apps like Olas, Primal or Damus without needing to know what NOSTR is or means.
Therefore I think there is a good chance that the project won't be called asknostr.site forever. I guess it all depends on where we all take this.
Onwards!
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@ 6ad3e2a3:c90b7740
2025-05-20 13:49:50I’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.
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@ 57d1a264:69f1fee1
2025-05-21 05:47:41As 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
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@ aa73d7f7:7f5a99ce
2025-05-23 10:14:10Com o avanço da tecnologia e a crescente demanda por entretenimento digital, plataformas de jogos online têm se tornado cada vez mais populares no Brasil. Uma das mais promissoras do momento é a 8143, um ambiente completo que une inovação, segurança e uma ampla variedade de jogos para todos os perfis de jogadores. Neste artigo, você vai conhecer melhor a proposta da plataforma, seus jogos de destaque e como ela proporciona uma experiência diferenciada aos usuários.
Uma Plataforma Moderna e Intuitiva A 8143foi desenvolvida com foco em oferecer praticidade, acessibilidade e diversão em um só lugar. Desde o primeiro acesso, o usuário encontra uma interface amigável e totalmente adaptada para dispositivos móveis e computadores. A navegação é fluida, com menus bem organizados que facilitam encontrar os principais jogos, promoções e serviços de suporte.
Além do design moderno, a plataforma investe fortemente em segurança digital, utilizando sistemas de criptografia avançados para proteger dados pessoais e transações financeiras dos jogadores. Isso proporciona um ambiente confiável, onde o usuário pode se concentrar apenas em sua diversão.
Diversidade de Jogos para Todos os Gostos Um dos grandes destaques da 8143 é sua biblioteca de jogos extremamente variada. A plataforma oferece opções para todos os estilos, desde os clássicos jogos de mesa, como pôquer e roleta, até máquinas de slots com gráficos modernos e temas envolventes.
Os jogos são desenvolvidos por fornecedores de renome internacional, garantindo alta qualidade visual, trilhas sonoras imersivas e uma jogabilidade fluida. Para quem gosta de jogos com mais interação, há também opções ao vivo, onde o jogador participa de partidas em tempo real com outros usuários e apresentadores reais.
Outro ponto positivo é a constante atualização do catálogo. A 8143 está sempre trazendo novidades, lançamentos e versões exclusivas, mantendo a plataforma dinâmica e sempre atrativa.
Experiência do Jogador: Imersiva e Recompensadora A 8143 entende que uma boa plataforma vai além dos jogos oferecidos — ela precisa criar uma experiência completa para o jogador. Por isso, investe em um sistema de recompensas atrativo, com bônus de boas-vindas, promoções diárias e programas de fidelidade que valorizam quem joga com frequência.
O atendimento ao cliente também é um diferencial. A equipe de suporte da plataforma está disponível 24 horas por dia, sete dias por semana, por meio de chat ao vivo, e-mail e redes sociais, sempre pronta para resolver dúvidas e oferecer auxílio.
Outro fator importante é a velocidade nos depósitos e saques. A 8143 trabalha com métodos de pagamento populares entre os brasileiros, como PIX, carteiras digitais e transferências bancárias, garantindo transações rápidas e seguras.
Conclusão A plataforma 8143 se destaca no mercado nacional por unir inovação, variedade de jogos e uma experiência de usuário de alto nível. É uma opção completa para quem busca diversão online com segurança, conforto e muitas possibilidades de ganho. Seja você um iniciante ou um jogador experiente, a 8143 oferece um ambiente perfeito para explorar o universo dos jogos digitais e se divertir com qualidade.
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@ 1c5ff3ca:efe9c0f6
2025-05-23 10:13:57Auto-Deployment on a VPS with GitHub Actions
Introduction
This tutorial describes how you can deploy an application on a VPS using GitHub Actions. This way, changes in your GitHub repository are automatically deployed to your VPS.
Prerequisites
- GitHub Account
- GitHub Repository
- Server + SSH access to the server
Step 1 - SSH Login to Server
Open a terminal and log in via SSH. Then navigate to the
.ssh
directoryssh user@hostname cd ~/.ssh
Step 2 - Create an SSH Key
Now create a new SSH key that we will use for auto-deployment. In the following dialog, simply press "Enter" repeatedly until the key is created.
ssh-keygen -t ed25519 -C "service-name-deploy-github"
Step 3 - Add the Key to the
authorized_keys
Filecat id_ed25519.pub >> authorized_keys
(If you named the key file differently, change this accordingly)
Step 4 - GitHub Secrets
In order for the GitHub Action to perform the deployment later, some secrets must be stored in the repository. Open the repository on GitHub. Navigate to "Settings" -> "Secrets And Variables" -> "Actions". Add the following variables:
HOST
: Hostname or IP address of the serverUSERNAME
: Username you use to log in via SSHSSHKEY
: The private key (copy the content fromcat ~/.ssh/id_ed25519
)PORT
: 22
Step 5 - Create the GitHub Action
Now create the GitHub Action for auto-deployment. The following GitHub Action will be used: https://github.com/appleboy/scp-action In your local repository, create the file
.github/workflows/deploy.yml
:```yaml name: Deploy on: [push] jobs: build: runs-on: ubuntu-latest steps: - uses: actions/checkout@v1 - name: Copy repository content via scp uses: appleboy/scp-action@master with: host: ${{ secrets.HOST }} username: ${{ secrets.USERNAME }} port: ${{ secrets.PORT }} key: ${{ secrets.SSHKEY }} source: "." target: "/your-target-directory"
- name: Executing a remote command uses: appleboy/ssh-action@master with: host: ${{ secrets.HOST }} username: ${{ secrets.USERNAME }} port: ${{ secrets.PORT }} key: ${{ secrets.SSHKEY }} script: | ls
```
This action copies the repository files to your server using
scp
. Afterwards, thels
command is executed. Here you can add appropriate commands that rebuild your service or similar. To rebuild and start a docker service you could use something like this or similar:docker compose -f target-dir/docker-compose.yml up --build -d
Now commit this file and in the "Actions" tab of your repository, the newly created action should now be visible and executed. With every future change, the git repository will now be automatically copied to your server.Sources
I read this when trying out, but it did not work and I adapted the
deploy.yml
file: https://dev.to/knowbee/how-to-setup-continuous-deployment-of-a-website-on-a-vps-using-github-actions-54im -
@ b83a28b7:35919450
2025-05-16 19:26:56This 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>>
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.
Here's the clip of the sermon from the episode:
nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqqsy43fwz8es2wnn65rh0udc05tumdnx5xagvzd88ptncspmesdqhygcrvpf2
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@ 39cc53c9:27168656
2025-05-20 10:45:29Know Your Customer is a regulation that requires companies of all sizes to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. Such procedures fit within the broader scope of anti-money laundering (AML) and counterterrorism financing (CTF) regulations.
Banks, exchanges, online business, mail providers, domain registrars... Everyone wants to know who you are before you can even opt for their service. Your personal information is flowing around the internet in the hands of "god-knows-who" and secured by "trust-me-bro military-grade encryption". Once your account is linked to your personal (and verified) identity, tracking you is just as easy as keeping logs on all these platforms.
Rights for Illusions
KYC processes aim to combat terrorist financing, money laundering, and other illicit activities. On the surface, KYC seems like a commendable initiative. I mean, who wouldn't want to halt terrorists and criminals in their tracks?
The logic behind KYC is: "If we mandate every financial service provider to identify their users, it becomes easier to pinpoint and apprehend the malicious actors."
However, terrorists and criminals are not precisely lining up to be identified. They're crafty. They may adopt false identities or find alternative strategies to continue their operations. Far from being outwitted, many times they're several steps ahead of regulations. Realistically, KYC might deter a small fraction – let's say about 1% ^1 – of these malefactors. Yet, the cost? All of us are saddled with the inconvenient process of identification just to use a service.
Under the rhetoric of "ensuring our safety", governments and institutions enact regulations that seem more out of a dystopian novel, gradually taking away our right to privacy.
To illustrate, consider a city where the mayor has rolled out facial recognition cameras in every nook and cranny. A band of criminals, intent on robbing a local store, rolls in with a stolen car, their faces obscured by masks and their bodies cloaked in all-black clothes. Once they've committed the crime and exited the city's boundaries, they switch vehicles and clothes out of the cameras' watchful eyes. The high-tech surveillance? It didn’t manage to identify or trace them. Yet, for every law-abiding citizen who merely wants to drive through the city or do some shopping, their movements and identities are constantly logged. The irony? This invasive tracking impacts all of us, just to catch the 1% ^1 of less-than-careful criminals.
KYC? Not you.
KYC creates barriers to participation in normal economic activity, to supposedly stop criminals. ^2
KYC puts barriers between many users and businesses. One of these comes from the fact that the process often requires multiple forms of identification, proof of address, and sometimes even financial records. For individuals in areas with poor record-keeping, non-recognized legal documents, or those who are unbanked, homeless or transient, obtaining these documents can be challenging, if not impossible.
For people who are not skilled with technology or just don't have access to it, there's also a barrier since KYC procedures are mostly online, leaving them inadvertently excluded.
Another barrier goes for the casual or one-time user, where they might not see the value in undergoing a rigorous KYC process, and these requirements can deter them from using the service altogether.
It also wipes some businesses out of the equation, since for smaller businesses, the costs associated with complying with KYC norms—from the actual process of gathering and submitting documents to potential delays in operations—can be prohibitive in economical and/or technical terms.
You're not welcome
Imagine a swanky new club in town with a strict "members only" sign. You hear the music, you see the lights, and you want in. You step up, ready to join, but suddenly there's a long list of criteria you must meet. After some time, you are finally checking all the boxes. But then the club rejects your membership with no clear reason why. You just weren't accepted. Frustrating, right?
This club scenario isn't too different from the fact that KYC is being used by many businesses as a convenient gatekeeping tool. A perfect excuse based on a "legal" procedure they are obliged to.
Even some exchanges may randomly use this to freeze and block funds from users, claiming these were "flagged" by a cryptic system that inspects the transactions. You are left hostage to their arbitrary decision to let you successfully pass the KYC procedure. If you choose to sidestep their invasive process, they might just hold onto your funds indefinitely.
Your identity has been stolen
KYC data has been found to be for sale on many dark net markets^3. Exchanges may have leaks or hacks, and such leaks contain very sensitive data. We're talking about the full monty: passport or ID scans, proof of address, and even those awkward selfies where you're holding up your ID next to your face. All this data is being left to the mercy of the (mostly) "trust-me-bro" security systems of such companies. Quite scary, isn't it?
As cheap as $10 for 100 documents, with discounts applying for those who buy in bulk, the personal identities of innocent users who passed KYC procedures are for sale. ^3
In short, if you have ever passed the KYC/AML process of a crypto exchange, your privacy is at risk of being compromised, or it might even have already been compromised.
(they) Know Your Coins
You may already know that Bitcoin and most cryptocurrencies have a transparent public blockchain, meaning that all data is shown unencrypted for everyone to see and recorded forever. If you link an address you own to your identity through KYC, for example, by sending an amount from a KYC exchange to it, your Bitcoin is no longer pseudonymous and can then be traced.
If, for instance, you send Bitcoin from such an identified address to another KYC'ed address (say, from a friend), everyone having access to that address-identity link information (exchanges, governments, hackers, etc.) will be able to associate that transaction and know who you are transacting with.
Conclusions
To sum up, KYC does not protect individuals; rather, it's a threat to our privacy, freedom, security and integrity. Sensible information flowing through the internet is thrown into chaos by dubious security measures. It puts borders between many potential customers and businesses, and it helps governments and companies track innocent users. That's the chaos KYC has stirred.
The criminals are using stolen identities from companies that gathered them thanks to these very same regulations that were supposed to combat them. Criminals always know how to circumvent such regulations. In the end, normal people are the most affected by these policies.
The threat that KYC poses to individuals in terms of privacy, security and freedom is not to be neglected. And if we don’t start challenging these systems and questioning their efficacy, we are just one step closer to the dystopian future that is now foreseeable.
Edited 20/03/2024 * Add reference to the 1% statement on Rights for Illusions section to an article where Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity ^1
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@ aa73d7f7:7f5a99ce
2025-05-23 10:13:39A plataforma 5161 está conquistando o público brasileiro por sua proposta moderna, segura e repleta de entretenimento digital. Com uma interface intuitiva, variedade de jogos e suporte ao jogador de alta qualidade, o 5161 se posiciona como uma excelente escolha para quem busca diversão com praticidade e confiabilidade.
Uma Plataforma Moderna e Segura Desde sua chegada ao mercado, o 5161 tem chamado atenção por seu design responsivo e navegação simplificada. O site é totalmente otimizado para funcionar em qualquer dispositivo, seja computador, tablet ou smartphone, permitindo que o usuário acesse seus jogos preferidos a qualquer hora e em qualquer lugar. Outro diferencial é o compromisso com a segurança: a plataforma utiliza tecnologia de criptografia de ponta para proteger os dados dos jogadores, garantindo uma experiência confiável do início ao fim.
Além disso, o 5161oferece suporte multilíngue e atendimento ao cliente eficiente, disponível 24 horas por dia, 7 dias por semana. Isso demonstra o comprometimento da plataforma com a satisfação de seus usuários, sempre prontos para esclarecer dúvidas ou resolver qualquer situação.
Variedade de Jogos para Todos os Gostos Um dos grandes atrativos do 5161 é sua ampla biblioteca de jogos. A plataforma conta com títulos que vão desde os mais tradicionais até as novidades mais inovadoras do mercado. Os jogadores podem se divertir com jogos de roleta, cartas, slots, pescaria e muito mais — tudo em um único lugar.
Os jogos são fornecidos por desenvolvedores renomados, o que garante gráficos de alta qualidade, trilhas sonoras envolventes e mecânicas justas e empolgantes. Cada título foi cuidadosamente escolhido para proporcionar uma experiência única, capaz de agradar tanto os novatos quanto os veteranos do mundo dos jogos online.
Além da variedade, a plataforma também disponibiliza modos de demonstração gratuitos, ideais para quem deseja testar os jogos antes de fazer qualquer depósito. Isso permite que o jogador conheça melhor o funcionamento e escolha seus favoritos com mais confiança.
Experiência do Jogador em Primeiro Lugar No 5161, cada detalhe foi pensado para proporcionar a melhor experiência possível. Desde o momento do cadastro até a retirada de prêmios, tudo acontece de forma simples e rápida. O processo de registro é descomplicado, e o sistema de pagamentos oferece diversas opções, incluindo transferências bancárias, carteiras digitais e PIX — ideal para o público brasileiro, que busca agilidade nas transações.
Outro ponto de destaque é o sistema de recompensas. A plataforma conta com bônus de boas-vindas atrativos, promoções frequentes e um programa de fidelidade que valoriza os jogadores mais ativos. Isso significa mais chances de jogar e se divertir, com a possibilidade de aumentar os ganhos e explorar novos jogos com vantagens exclusivas.
Conclusão O 5161 se destaca como uma das plataformas de entretenimento digital mais completas e confiáveis disponíveis para o público brasileiro. Com uma interface moderna, biblioteca de jogos diversificada e foco total na experiência do usuário, a plataforma conquista cada vez mais fãs em todo o país. Se você está em busca de diversão segura, recompensadora e acessível, o 5161 é, sem dúvidas, uma excelente escolha para explorar novas emoções online.
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@ 04c915da:3dfbecc9
2025-05-16 18:06:46Bitcoin 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.
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@ 39cc53c9:27168656
2025-05-20 10:45:28Over the past few months, I've dedicated my time to a complete rewrite of the kycnot.me website. The technology stack remains unchanged; Golang paired with TailwindCSS. However, I've made some design choices in this iteration that I believe significantly enhance the site. Particularly to backend code.
UI Improvements
You'll notice a refreshed UI that retains the original concept but has some notable enhancements. The service list view is now more visually engaging, it displays additional information in a more aesthetically pleasing manner. Both filtering and searching functionalities have been optimized for speed and user experience.
Service pages have been also redesigned to highlight key information at the top, with the KYC Level box always accessible. The display of service attributes is now more visually intuitive.
The request form, especially the Captcha, has undergone substantial improvements. The new self-made Captcha is robust, addressing the reliability issues encountered with the previous version.
Terms of Service Summarizer
A significant upgrade is the Terms of Service summarizer/reviewer, now powered by AI (GPT-4-turbo). It efficiently condenses each service's ToS, extracting and presenting critical points, including any warnings. Summaries are updated monthly, processing over 40 ToS pages via the OpenAI API using a self-crafted and thoroughly tested prompt.
Nostr Comments
I've integrated a comment section for each service using Nostr. For guidance on using this feature, visit the dedicated how-to page.
Database
The backend database has transitioned to pocketbase, an open-source Golang backend that has been a pleasure to work with. I maintain an updated fork of the Golang SDK for pocketbase at pluja/pocketbase.
Scoring
The scoring algorithm has also been refined to be more fair. Despite I had considered its removal due to the complexity it adds (it is very difficult to design a fair scoring system), some users highlighted its value, so I kept it. The updated algorithm is available open source.
Listings
Each listing has been re-evaluated, and the ones that were no longer operational were removed. New additions are included, and the backlog of pending services will be addressed progressively, since I still have access to the old database.
API
The API now offers more comprehensive data. For more details, check here.
About Page
The About page has been restructured for brevity and clarity.
Other Changes
Extensive changes have been implemented in the server-side logic, since the whole code base was re-written from the ground up. I may discuss these in a future post, but for now, I consider the current version to be just a bit beyond beta, and additional updates are planned in the coming weeks.
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@ 95cbd62b:a5270126
2025-05-23 10:12:48Nếu bạn đang tìm kiếm một nền tảng cá cược trực tuyến uy tín, hỗ trợ tiếng Việt toàn diện, tích hợp nhiều tính năng hiện đại và mang lại cơ hội kiếm thưởng mỗi ngày thì 123BET chính là lựa chọn hoàn hảo. Được xây dựng với định hướng lấy người dùng làm trung tâm, 123BET mang đến trải nghiệm cá cược tối ưu với giao diện đơn giản, dễ thao tác, tương thích tốt trên mọi thiết bị từ máy tính đến điện thoại. Người chơi chỉ cần đăng ký một tài khoản duy nhất là có thể truy cập toàn bộ hệ sinh thái giải trí khổng lồ bao gồm slot game, casino trực tuyến, game bắn cá, mini game dân gian và cá cược thể thao. Bên cạnh đó, 123BET còn chú trọng đến bảo mật bằng cách tích hợp các phương thức đăng nhập hiện đại như OTP, nhận diện khuôn mặt và vân tay. Ứng dụng di động 123BET App được tối ưu hóa để truy cập mượt mà không bị chặn, đồng thời hỗ trợ thông báo khuyến mãi tức thời giúp người chơi không bỏ lỡ bất kỳ ưu đãi nào.
Kho game của 123BET là một thế giới giải trí đầy màu sắc, được cung cấp bởi các nhà phát hành danh tiếng toàn cầu như PG Soft, JILI, Pragmatic Play, Microgaming và Spadegaming cho dòng slot game. Tại đây, người chơi có thể trải nghiệm hàng trăm chủ đề phong phú, từ cổ điển đến hiện đại, với các tính năng đặc biệt như vòng quay miễn phí, hệ số nhân, jackpot lũy tiến và các mini game bonus đầy hấp dẫn. Với những ai yêu thích không khí sòng bài thật, mảng casino trực tiếp của 123BET mang đến trải nghiệm chân thực với video phát sóng trực tiếp chất lượng cao từ các studio như SA Gaming, Evolution, WM Casino và Dream Gaming. Game bắn cá cũng là điểm nhấn không thể bỏ qua với hình ảnh 3D sắc nét, hiệu ứng đạn sinh động, nhiều chế độ chơi từ cá nhân đến tổ đội, vũ khí đa dạng và đặc biệt là khả năng đổi xu thành tiền thật nhanh chóng. Với hàng loạt trò chơi hấp dẫn như Monster Awaken, Fishing War hay Bombing Fishing, người chơi có thể vừa giải trí vừa gia tăng thu nhập mỗi ngày.
Không chỉ nổi bật về mặt nội dung, 123BET còn ghi điểm mạnh với hệ thống nạp – rút tự động 24/7, tốc độ xử lý nhanh, không giới hạn số lần giao dịch và hoàn toàn miễn phí. Người chơi có thể linh hoạt nạp tiền qua nhiều kênh như chuyển khoản ngân hàng nội địa, ví điện tử (Momo, ZaloPay, ViettelPay) hoặc QR Code chỉ trong vòng 1–3 phút. Quy trình rút tiền đơn giản, hỗ trợ về tài khoản ngân hàng chính chủ, đảm bảo tiền về nhanh chỉ sau 5–10 phút kể cả vào ban đêm hoặc ngày lễ. Ngoài ra, 123BET còn thường xuyên triển khai các chương trình khuyến mãi hấp dẫn như thưởng 100% nạp đầu, hoàn tiền hàng ngày cho tất cả trò chơi, ưu đãi nạp lại cuối tuần, tặng quà sinh nhật và nâng hạng VIP với đặc quyền riêng. Đặc biệt, người chơi có thể kiếm thêm thu nhập thụ động thông qua chương trình giới thiệu bạn bè nhận hoa hồng không giới hạn. Với đội ngũ hỗ trợ kỹ thuật chuyên nghiệp 24/7 và chính sách chăm sóc khách hàng tận tình, 123BET đang khẳng định vị thế hàng đầu trong lĩnh vực cá cược trực tuyến tại thị trường Việt Nam, mang đến một sân chơi an toàn, công bằng và sinh lợi bền vững cho tất cả người chơi.
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@ 39cc53c9:27168656
2025-05-20 10:45:26I'm launching a new service review section on this blog in collaboration with OrangeFren. These reviews are sponsored, yet the sponsorship does not influence the outcome of the evaluations. Reviews are done in advance, then, the service provider has the discretion to approve publication without modifications.
Sponsored reviews are independent from the kycnot.me list, being only part of the blog. The reviews have no impact on the scores of the listings or their continued presence on the list. Should any issues arise, I will not hesitate to remove any listing.
The review
WizardSwap is an instant exchange centred around privacy coins. It was launched in 2020 making it old enough to have weathered the 2021 bull run and the subsequent bearish year.
| Pros | Cons | |------|------| | Tor-friendly | Limited liquidity | | Guarantee of no KYC | Overly simplistic design | | Earn by providing liquidity | |
Rating: ★★★★★ Service Website: wizardswap.io
Liquidity
Right off the bat, we'll start off by pointing out that WizardSwap relies on its own liquidity reserves, meaning they aren't just a reseller of Binance or another exchange. They're also committed to a no-KYC policy, when asking them, they even promised they would rather refund a user their original coins, than force them to undergo any sort of verification.
On the one hand, full control over all their infrastructure gives users the most privacy and conviction about the KYC policies remaining in place.
On the other hand, this means the liquidity available for swapping isn't huge. At the time of testing we could only purchase at most about 0.73 BTC with XMR.
It's clear the team behind WizardSwap is aware of this shortfall and so they've come up with a solution unique among instant exchanges. They let you, the user, deposit any of the currencies they support into your account and earn a profit on the trades made using your liquidity.
Trading
Fees on WizardSwap are middle-of-the-pack. The normal fee is 2.2%. That's more than some exchanges that reserve the right to suddenly demand you undergo verification, yet less than half the fees on some other privacy-first exchanges. However as we mentioned in the section above you can earn almost all of that fee (2%) if you provide liquidity to WizardSwap.
It's good that with the current Bitcoin fee market their fees are constant regardless of how much, or how little, you send. This is in stark contrast with some of the alternative swap providers that will charge you a massive premium when attempting to swap small amounts of BTC away.
Test trades
Test trades are always performed without previous notice to the service provider.
During our testing we performed a few test trades and found that every single time WizardSwap immediately detected the incoming transaction and the amount we received was exactly what was quoted before depositing. The fees were inline with what WizardSwap advertises.
- Monero payment proof
- Bitcoin received
- Wizardswap TX link - it's possible that this link may cease to be valid at some point in the future.
ToS and KYC
WizardSwap does not have a Terms of Service or a Privacy Policy page, at least none that can be found by users. Instead, they offer a FAQ section where they addresses some basic questions.
The site does not mention any KYC or AML practices. It also does not specify how refunds are handled in case of failure. However, based on the FAQ section "What if I send funds after the offer expires?" it can be inferred that contacting support is necessary and network fees will be deducted from any refund.
UI & Tor
WizardSwap can be visited both via your usual browser and Tor Browser. Should you decide on the latter you'll find that the website works even with the most strict settings available in the Tor Browser (meaning no JavaScript).
However, when disabling Javascript you'll miss the live support chat, as well as automatic refreshing of the trade page. The lack of the first means that you will have no way to contact support from the trade page if anything goes wrong during your swap, although you can do so by mail.
One important thing to have in mind is that if you were to accidentally close the browser during the swap, and you did not save the swap ID or your browser history is disabled, you'll have no easy way to return to the trade. For this reason we suggest when you begin a trade to copy the url or ID to someplace safe, before sending any coins to WizardSwap.
The UI you'll be greeted by is simple, minimalist, and easy to navigate. It works well not just across browsers, but also across devices. You won't have any issues using this exchange on your phone.
Getting in touch
The team behind WizardSwap appears to be most active on X (formerly Twitter): https://twitter.com/WizardSwap_io
If you have any comments or suggestions about the exchange make sure to reach out to them. In the past they've been very receptive to user feedback, for instance a few months back WizardSwap was planning on removing DeepOnion, but the community behind that project got together ^1 and after reaching out WizardSwap reversed their decision ^2.
You can also contact them via email at:
support @ wizardswap . io
Disclaimer
None of the above should be understood as investment or financial advice. The views are our own only and constitute a faithful representation of our experience in using and investigating this exchange. This review is not a guarantee of any kind on the services rendered by the exchange. Do your own research before using any service.
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@ eb0157af:77ab6c55
2025-05-23 10:01:28A Chinese printer company inadvertently distributed malware that steals Bitcoin through its official drivers, resulting in the theft of over $950,000.
According to local media outlet Landian News, a Chinese printer manufacturer was found to have unknowingly distributed malware designed to steal Bitcoin through its official device drivers.
Procolored, a Shenzhen-based printer company, distributed malware capable of stealing Bitcoin alongside the official drivers for its devices. The company reportedly used USB devices to spread infected drivers and uploaded the compromised software to globally accessible cloud storage services.
Crypto security and compliance firm SlowMist explained how the malware works in a post on X:
The official driver provided by this printer carries a backdoor program. It will hijack the wallet address in the user's clipboard and replace it with the attacker's address: 1BQZKqdp2CV3QV5nUEsqSg1ygegLmqRygj
According to @MistTrack_io, the attacker has stolen 9.3086… https://t.co/DHCkEpHhuH pic.twitter.com/W1AnUpswLU
— MistTrack
(@MistTrack_io) May 19, 2025
The consequences of the breach have been significant, with a total of 9.3 BTC stolen — equivalent to over $950,000.
The issue was first flagged by YouTuber Cameron Coward, whose antivirus software detected malware in the drivers during a test of a Procolored UV printer. The software identified both a worm and a trojan virus named Foxif.
When contacted, Procolored denied the accusations, dismissing the antivirus warning as a false positive. Coward then turned to Reddit, where he shared the issue with cybersecurity professionals, drawing the attention of security firm G Data.
G Data’s investigation revealed that most of Procolored’s drivers were hosted on the MEGA file-sharing platform, with uploads dating back to October 2023. Their analysis confirmed the presence of two separate malware strains: the Win32.Backdoor.XRedRAT.A backdoor and a crypto-stealer designed to replace clipboard wallet addresses with those controlled by the attacker.
G Data reached out to Procolored, which stated that it had removed the infected drivers from its storage as of May 8 and had re-scanned all files. The company attributed the malware to a supply chain compromise, saying the malicious files were introduced via infected USB devices before being uploaded online.
Landian News recommended that users who downloaded Procolored drivers in the past six months “immediately run a full system scan using antivirus software.” However, given that antivirus tools are not always reliable, the Chinese media outlet suggested that a full system reset is the safest option when in doubt.
The post Bitcoin malware discovered: Chinese printer manufacturer involved appeared first on Atlas21.
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@ 04c915da:3dfbecc9
2025-05-16 17:59:23Recently 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.
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@ 57d1a264:69f1fee1
2025-05-20 06:15:51Deliberate (?) trade-offs we make for the sake of output speed.
... By sacrificing depth in my learning, I can produce substantially more work. I’m unsure if I’m at the correct balance between output quantity and depth of learning. This uncertainty is mainly fueled by a sense of urgency due to rapidly improving AI models. I don’t have time to learn everything deeply. I love learning, but given current trends, I want to maximize immediate output. I’m sacrificing some learning in classes for more time doing outside work. From a teacher’s perspective, this is obviously bad, but from my subjective standpoint, it’s unclear.
Finding the balance between learning and productivity. By trade, one cannot be productive in specific areas without first acquire the knowledge to define the processes needed to deliver. Designing the process often come on a try and fail dynamic that force us to learn from previous mistakes.
I found this little journal story fun but also little sad. Vincent's realization, one of us trading his learnings to be more productive, asking what is productivity without quality assurance?
Inevitably, parts of my brain will degenerate and fade away, so I need to consciously decide what I want to preserve or my entire brain will be gone. What skills am I NOT okay with offloading? What do I want to do myself?
Read Vincent's journal https://vvvincent.me/llms-are-making-me-dumber/
https://stacker.news/items/984361
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@ 39cc53c9:27168656
2025-05-20 10:45:24Bitcoin enthusiasts frequently and correctly remark how much value it adds to Bitcoin not to have a face, a leader, or a central authority behind it. This particularity means there isn't a single person to exert control over, or a single human point of failure who could become corrupt or harmful to the project.
Because of this, it is said that no other coin can be equally valuable as Bitcoin in terms of decentralization and trustworthiness. Bitcoin is unique not just for being first, but also because of how the events behind its inception developed. This implies that, from Bitcoin onwards, any coin created would have been created by someone, consequently having an authority behind it. For this and some other reasons, some people refer to Bitcoin as "The Immaculate Conception".
While other coins may have their own unique features and advantages, they may not be able to replicate Bitcoin's community-driven nature. However, one other cryptocurrency shares a similar story of mystery behind its creation: Monero.
History of Monero
Bytecoin and CryptoNote
In March 2014, a Bitcointalk thread titled "Bytecoin. Secure, private, untraceable since 2012" was initiated by a user under the nickname "DStrange"^1^. DStrange presented Bytecoin (BCN) as a unique cryptocurrency, in operation since July 2012. Unlike Bitcoin, it employed a new algorithm known as CryptoNote.
DStrange apparently stumbled upon the Bytecoin website by chance while mining a dying bitcoin fork, and decided to create a thread on Bitcointalk^1^. This sparked curiosity among some users, who wondered how could Bytecoin remain unnoticed since its alleged launch in 2012 until then^2^.
Some time after, a user brought up the "CryptoNote v2.0" whitepaper for the first time, underlining its innovative features^4^. Authored by the pseudonymous Nicolas van Saberhagen in October 2013, the CryptoNote v2 whitepaper^5^ highlighted the traceability and privacy problems in Bitcoin. Saberhagen argued that these flaws could not be quickly fixed, suggesting it would be more efficient to start a new project rather than trying to patch the original^5^, an statement simmilar to the one from Satoshi Nakamoto^6^.
Checking with Saberhagen's digital signature, the release date of the whitepaper seemed correct, which would mean that Cryptonote (v1) was created in 2012^7^, although there's an important detail: "Signing time is from the clock on the signer's computer" ^9^.
Moreover, the whitepaper v1 contains a footnote link to a Bitcointalk post dated May 5, 2013^10^, making it impossible for the whitepaper to have been signed and released on December 12, 2012.
As the narrative developed, users discovered that a significant 80% portion of Bytecoin had been pre-mined^11^ and blockchain dates seemed to be faked to make it look like it had been operating since 2012, leading to controversy surrounding the project.
The origins of CryptoNote and Bytecoin remain mysterious, leaving suspicions of a possible scam attempt, although the whitepaper had a good amount of work and thought on it.
The fork
In April 2014, the Bitcointalk user
thankful_for_today
, who had also participated in the Bytecoin thread^12^, announced plans to launch a Bytecoin fork named Bitmonero^13^.The primary motivation behind this fork was "Because there is a number of technical and marketing issues I wanted to do differently. And also because I like ideas and technology and I want it to succeed"^14^. This time Bitmonero did things different from Bytecoin: there was no premine or instamine, and no portion of the block reward went to development.
However, thankful_for_today proposed controversial changes that the community disagreed with. Johnny Mnemonic relates the events surrounding Bitmonero and thankful_for_today in a Bitcointalk comment^15^:
When thankful_for_today launched BitMonero [...] he ignored everything that was discussed and just did what he wanted. The block reward was considerably steeper than what everyone was expecting. He also moved forward with 1-minute block times despite everyone's concerns about the increase of orphan blocks. He also didn't address the tail emission concern that should've (in my opinion) been in the code at launch time. Basically, he messed everything up. Then, he disappeared.
After disappearing for a while, thankful_for_today returned to find that the community had taken over the project. Johnny Mnemonic continues:
I, and others, started working on new forks that were closer to what everyone else was hoping for. [...] it was decided that the BitMonero project should just be taken over. There were like 9 or 10 interested parties at the time if my memory is correct. We voted on IRC to drop the "bit" from BitMonero and move forward with the project. Thankful_for_today suddenly resurfaced, and wasn't happy to learn the community had assumed control of the coin. He attempted to maintain his own fork (still calling it "BitMonero") for a while, but that quickly fell into obscurity.
The unfolding of these events show us the roots of Monero. Much like Satoshi Nakamoto, the creators behind CryptoNote/Bytecoin and thankful_for_today remain a mystery^17^, having disappeared without a trace. This enigma only adds to Monero's value.
Since community took over development, believing in the project's potential and its ability to be guided in a better direction, Monero was given one of Bitcoin's most important qualities: a leaderless nature. With no single face or entity directing its path, Monero is safe from potential corruption or harm from a "central authority".
The community continued developing Monero until today. Since then, Monero has undergone a lot of technological improvements, migrations and achievements such as RingCT and RandomX. It also has developed its own Community Crowdfundinc System, conferences such as MoneroKon and Monerotopia are taking place every year, and has a very active community around it.
Monero continues to develop with goals of privacy and security first, ease of use and efficiency second. ^16^
This stands as a testament to the power of a dedicated community operating without a central figure of authority. This decentralized approach aligns with the original ethos of cryptocurrency, making Monero a prime example of community-driven innovation. For this, I thank all the people involved in Monero, that lead it to where it is today.
If you find any information that seems incorrect, unclear or any missing important events, please contact me and I will make the necessary changes.
Sources of interest
- https://forum.getmonero.org/20/general-discussion/211/history-of-monero
- https://monero.stackexchange.com/questions/852/what-is-the-origin-of-monero-and-its-relationship-to-bytecoin
- https://en.wikipedia.org/wiki/Monero
- https://bitcointalk.org/index.php?topic=583449.0
- https://bitcointalk.org/index.php?topic=563821.0
- https://bitcointalk.org/index.php?action=profile;u=233561
- https://bitcointalk.org/index.php?topic=512747.0
- https://bitcointalk.org/index.php?topic=740112.0
- https://monero.stackexchange.com/a/1024
- https://inspec2t-project.eu/cryptocurrency-with-a-focus-on-anonymity-these-facts-are-known-about-monero/
- https://medium.com/coin-story/coin-perspective-13-riccardo-spagni-69ef82907bd1
- https://www.getmonero.org/resources/about/
- https://www.wired.com/2017/01/monero-drug-dealers-cryptocurrency-choice-fire/
- https://www.monero.how/why-monero-vs-bitcoin
- https://old.reddit.com/r/Monero/comments/u8e5yr/satoshi_nakamoto_talked_about_privacy_features/
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@ 57d1a264:69f1fee1
2025-05-20 06:02:26Digital Psychology ↗
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View them all at https://socialproofexamples.com/
https://stacker.news/items/984357
-
@ f6488c62:c929299d
2025-05-23 09:48:20ในวันที่ 23 พฤษภาคม 2568 The Wall Street Journal รายงานข่าวที่น่าสนใจว่า ธนาคารยักษ์ใหญ่ของสหรัฐฯ เช่น JPMorgan Chase, Bank of America, Citigroup และ Wells Fargo กำลังพิจารณาความเป็นไปได้ในการพัฒนา Stablecoin ร่วมกัน เพื่อก้าวเข้าสู่โลกของคริปโตเคอเรนซีอย่างเต็มตัว การเคลื่อนไหวครั้งนี้ไม่เพียงสะท้อนถึงการยอมรับสินทรัพย์ดิจิทัลในระบบการเงินกระแสหลัก แต่ยังเป็นก้าวสำคัญในการรักษาความเป็นผู้นำของเงินดอลลาร์สหรัฐในยุคการเงินดิจิทัล.
Stablecoin: อนาคตของการชำระเงินดิจิทัล Stablecoin เป็นสกุลเงินดิจิทัลที่ออกแบบมาเพื่อลดความผันผวนโดยผูกมูลค่ากับสินทรัพย์ที่มีเสถียรภาพ เช่น เงินดอลลาร์สหรัฐ ทำให้เหมาะสำหรับการใช้ในระบบการชำระเงิน การโอนเงินข้ามพรมแดน และการเงินแบบกระจายศูนย์ (DeFi). การที่ธนาคารใหญ่ของสหรัฐฯ หันมาสนใจ Stablecoin ร่วมกัน แสดงถึงความพยายามในการปรับตัวให้เข้ากับความต้องการของผู้บริโภคยุคใหม่ที่ต้องการความรวดเร็วและประหยัดต้นทุนในการทำธุรกรรมทางการเงิน.
ทำไมธนาคารถึงสนใจ Stablecoin? ในปี 2568 ตลาดคริปโตเคอเรนซีกำลังร้อนแรง โดยมูลค่าตลาดรวมของคริปโตทั่วโลกอยู่ที่ 3.64 ล้านล้านดอลลาร์ ซึ่งในจำนวนนี้ Bitcoin มีมูลค่าตลาดสูงสุดที่ 2.2 ล้านล้านดอลลาร์ และราคา Bitcoin ล่าสุดพุ่งแตะ 111,160.66 ดอลลาร์ (ข้อมูล ณ วันที่ 23 พฤษภาคม 2568 เวลา 16:44 น. ตามเขตเวลา +07) นอกจากนี้ ยังมีเม็ดเงินไหลเข้าสู่กองทุนสินทรัพย์ดิจิทัลในสหรัฐฯ กว่า 7.5 พันล้านดอลลาร์ การที่ธนาคารยักษ์ใหญ่ที่มีมูลค่ารวมกันถึง 8 ล้านล้านดอลลาร์เข้ามาในสนามนี้ แสดงถึงศักยภาพในการเปลี่ยนแปลงภูมิทัศน์ของอุตสาหกรรมการเงิน. นโยบายที่เอื้ออำนวยต่อคริปโตในยุคของประธานาธิบดีโดนัลด์ ทรัมป์ และการลดดอกเบี้ยนโยบายของ Fed ยังเป็นปัจจัยสนับสนุนที่สำคัญ.
โอกาสและความท้าทาย การพัฒนา Stablecoin ร่วมกันของธนาคารเหล่านี้เปิดโอกาสให้สหรัฐฯ รักษาความเป็นผู้นำในระบบการเงินดิจิทัล และเพิ่มประสิทธิภาพในระบบการชำระเงินทั่วโลก อย่างไรก็ตาม ความท้าทายที่รออยู่คือการแข่งขันกับ Stablecoin ที่ครองตลาด เช่น USDT และ USDC รวมถึงความไม่แน่นอนด้านกฎระเบียบและความผันผวนของเศรษฐกิจโลกจากนโยบายการค้าของสหรัฐฯ. ธนาคารจะต้องลงทุนในโครงสร้างพื้นฐานที่ปลอดภัยและสอดคล้องกับกฎหมาย เพื่อสร้างความไว้วางใจจากผู้ใช้.
มองไปข้างหน้า การที่ธนาคารชั้นนำของสหรัฐฯ หันมาสนใจ Stablecoin เป็นสัญญาณที่ชัดเจนว่าโลกการเงินกำลังเปลี่ยนผ่านสู่ยุคดิจิทัลอย่างเต็มรูปแบบ การเคลื่อนไหวครั้งนี้อาจเป็นจุดเปลี่ยนที่ทำให้คริปโตเคอเรนซีกลายเป็นส่วนสำคัญของระบบการเงินกระแสหลัก อย่างไรก็ตาม ความสำเร็จจะขึ้นอยู่กับความสามารถในการสร้างนวัตกรรมที่ตอบโจทย์ผู้บริโภคและการจัดการกับความท้าทายด้านกฎระเบียบและการแข่งขันในตลาด. ในอนาคตอันใกล้ Stablecoin จากธนาคารยักษ์ใหญ่อาจกลายเป็นตัวเปลี่ยนเกมในวงการการเงินโลก และเป็นเครื่องมือสำคัญในการเชื่อมโยงระบบการเงินแบบดั้งเดิมเข้ากับโลกดิจิทัล นักลงทุนและผู้บริโภคควรจับตาดูความคืบหน้าของโครงการนี้อย่างใกล้ชิด เพราะมันอาจเป็นก้าวแรกสู่การปฏิวัติครั้งใหญ่ในวงการการเงิน.
-
@ 3eba5ef4:751f23ae
2025-05-23 09:33:55The article below brings together some of the Q&A from our recent AMA on Reddit. Thanks so much for sending in your questions—we love chatting with you and being part of this awesome community!
Meepo Hardfork Features
What does Meepo bring to CKB, in simple terms?
Imagine upgrading from wooden blocks to LEGO bricks. That’s what the
spawn
syscall in Meepo does for CKB smart contracts, enabling script interoperability.Spawn and a series of related syscalls are introduced as a major upgrade to CKB-VM, enabling interoperability, modularity, and better developer experience, by letting scripts call other scripts, like modular apps in an operating system.
Key features of the upgraded VM?
The upgraded CKB-VM Meepo version unlocks true decoupling and reuse of CKB scripts, enhancing modularity and reusability in smart contract development.
For instance, before Meepo, if developers wanted to build a new time lock in CKB, they had to bundle all necessary functionalities—like signature algorithms—directly into a single lock or type script. This often led to bloated scripts where most of the code was unrelated to the developer's original design goal (time lock). With the spawn syscall, scripts can now delegate tasks—such as signature checks—to other on-chain scripts. As new algorithms emerge, the time lock can adopt them without being redeployed—just by calling updated signature scripts, as long as a shared protocol is followed.
This separation allows developers to: - Focus solely on their core logic. - Reuse independently deployed signature verification scripts. - Upgrade cryptographic components without modifying the original script. - Embrace a more OS-like model where smart contracts can call each other to perform specialized tasks.
By enabling true decoupling and reuse, the spawn syscall makes CKB scripts significantly more composable, maintainable, and adaptable.
Besides Spawn, other improvements in Meepo include:
- Block Extension Fields: Enables reading extension fields in blocks, opening new possibilities like community voting on hardforks (as this ckb-zero-lock prototype). More use cases are expected.
- CKB-VM Optimization: Reduces cycle consumption for common compiler-generated code, making scripts faster and more efficient.
A practical example: IPC on Spawn
Here's an example building an entire Inter-Process Communication (IPC) layer on top of spawn syscalls: - GitHub Repo - Blog post: Transforming IPC in CKB On-Chain Script: Spawn and the Custom Library for Simplified Communication
What does “every wallet will become a CKB wallet because of ckb-auth” mean?
Current CKB-VM already comes with the power to build omnilock / ckb-auth, spawn just makes them easier to reuse in new scripts through decoupling and improved modularity.
Upgrade Compatibility Concerns
Will Meepo require a new address format?
No. Meepo does not introduce breaking changes like address format switching. The only required upgrade is support for a new hash type (
data2
). We aim to keep upgrades smooth and backwards-compatible wherever possible.RISC-V & CKB’s Long-Term Design Philosophy
Ethereum is exploring RISC-V—CKB has been doing this for years. What’s your take?
The discussion about RISC-V in Ethereum, is partly about the ease of building zk solutions on Ethereum. And it's easy to mix two different use cases of RISC-V in zk:
- Use RISC-V as the language to write programs running in a zk engine. In this case, we use zero knowledge algorithms to build a RISC-VM and prove programs running inside these RISC-V VMs.
- Use RISC-V as the underlying engine to run cryptographic algorithms, we then compile the verifier / prover code of zero knowledge algorithm into RISC-V, then we run those verifiers / provers inside RISC-V. Essentially, we run the verifying / proving algorithms of zero knowledge algorithms in RISC-V, the programs running inside ZK VMs can be written in other languages suiting the zk algorithms.
When most people talk about RISC-V in zk, they mean the first point above. As a result, we see a lot of arguments debating if RISC-V fits in zk circuits. I couldn't get a direct confirmation from Vitalik, but based on what I read, when Vitalik proposes the idea of RISC-V in Ethereum, he's at least partly thinking about the second point here. The original idea is to introduce RISC-V in Ethereum, so we can just compile zk verifiers / provers into RISC-V code, so there is no need to introduce any more precompiles so as to support different zk algorithms in Ethereum. This is indeed a rare taken path, but I believe it is a right path, it is also the path CKB chose 7 years ago for the initial design of CKB-VM.
CKB believes that a precompile-free approach is the only viable path if we’re serious about building a blockchain that can last for decades—or even centuries. Cryptographic algorithms evolve quickly; new ones emerge every few years, making it unsustainable for blockchains to keep adding them as precompiles. In contrast, hardware evolves more slowly and lives longer.
By choosing RISC-V, we’ve committed to a model that can better adapt to future cryptographic developments. CKB may be on an uncommon path, but I believe it's the right one—and it's encouraging to see Ethereum now moving in a similar direction. Hopefully, more will follow.
CKB already stands out as the only blockchain VM built on RISC-V and entirely free from cryptographic precompiles. Meepo, with its spawn syscall, builds on this foundation—pushing for even greater modularity and reuse. We're also closely watching progress in the RISC-V ecosystem, with the goal of integrating hardware advances into CKB-VM, making it even more future-proof and a state-of-the-art execution environment for blockchain applications.
Will CKB run directly on RISC-V chips? What are the implications?
The "CKB on RISC-V"comes in several stages:
- For now, CKB-VM can already be compiled into RISC-V architecture and run on a RISC-V CPU (e.g. StarFive board), though optimized native implementations are still in development.
- That said, one key issue in the previous stage was that CKB-VM lacks a high-performance, assembly based VM on RISC-V architecture. Ironically, despite CKB-VM being based on RISC-V, we ended up running a Rust-based VM interpreter on RISC-V CPUs—which is far from ideal.
The root of the problem is that RISC-V CPUs come in many configurations, each supporting a different set of extensions. Porting CKB-VM to run natively on real RISC-V chips isn’t trivial—some extensions used by CKB-VM might not be available on the target hardware. With enough time and effort, a performant native implementation could be built, but it’s a non-trivial challenge that still needs significant work.
How do you see the RISC-V narrative expanding?
We are delighted to see the growing recognition of RISC-V in the blockchain space. For CKB, we firmly believe RISC-V is the best choice. Consensus is costly, so only essential data should be on-chain, with the chain serving as a universal verification layer—this is CKBʼs philosophy, and we have consistently designed and developed in this direction.
CKB Roadmap & Ecosystem Growth
Any plan to boost the usage of the CKB network in the next 6 - 24 months?
Growth starts with better developer experience. Spawn in Meepo significantly lowers the barrier to building complex apps. With better tools and documentation, more devs can experiment on CKB, leading to better apps and more users.
What would you focus on if the secondary issuance budget was huge?
If funding were abundant, we'd expand the Spark Program, support more grassroots projects, and even evolve toward a fully decentralized DAO structure—aligning with our long-term vision of a permissionless, community-owned network.
What’s next for Nervos after Meepo?
We're exploring new RISC-V extensions like CFI, which could boost script security and defend against ROP attacks. Still early-stage, but promising. Check out this: Against ROP Attacks: A Blockchain Architect’s Take on VM-Level Security.
Resources
Take a deeper look at the VM upgrades introduced in the Meepo hardfork:
Explore the CFI (Control Flow Integrity) extension on RISC-V:
Check out the Inter-Process Communication (IPC) layer built on top of spawn syscalls:
-
@ cae03c48:2a7d6671
2025-05-23 13:01:01Bitcoin Magazine
Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred StockStrategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture.
The announcement was made by CEO and President Phong Lee during an investor update alongside Executive Chairman Michael Saylor. According to Lee, strong year-to-date results from the firm’s Bitcoin-linked securities Strike (STRK) and Strife (STRF) gave Strategy the confidence to expand its fundraising strategy.
BREAKING:
Strategy to sell up to $2.1 billion of 10% preferred stock.pic.twitter.com/xufD8uv64v
— Bitcoin Magazine (@BitcoinMagazine) May 22, 2025
“We’re currently at 16.3% BTC yield for the year, against a 25% target,” Lee said. “BTC dollar gain is $7.7 billion so far, on track toward our $15 billion target.”
Both instruments have outperformed expectations since launch. Strike is up 24% from its initial price of $80 to nearly $100. Strife, which was priced at $85 just two months ago, now trades around $98.80, a 16% increase. By comparison, similarly structured preferreds in the market have declined by 3–5% over the same period.
In the last 30 days alone, Strike rose 17% and Strife 12%, bringing both close to par value. Lee emphasized the liquidity profile of these instruments, citing average daily trading volumes of $31 million for Strike and $23 million for Strife. “That’s 60x what we typically see in comparable preferreds,” he noted.
The company previously issued $212 million through Strike’s ATM, with no adverse pricing pressure. Based on the trading volume and investor demand, Lee said the company believes the $2.1 billion Strife ATM can be executed in a similar fashion.
Strife is a perpetual preferred stock with a 10% coupon and sits at the top of Strategy’s capital stack. Saylor described it as “the crown jewel” of the company’s preferred offerings. “We’re going to be ten times as careful with Strife,” he said. “Our goal is for it to be seen as investment-grade fixed income — a high-quality instrument with robust protections.”
Strike, by contrast, is positioned for what Saylor called “Bitcoin-curious” investors. It carries an 8% coupon and includes upside through Bitcoin conversion. “Think of it like a Bitcoin fellowship with a stipend,” Saylor said.
Strategy now operates three ATM programs: $21 billion each for MSTR equity and Strike, and $2.1 billion for Strife. These are rebalanced daily, with issuance adjusted based on market conditions, volatility, and investor demand. According to Saylor, this dynamic structure allows the company to optimize Bitcoin acquisition and capital deployment across changing market environments.
Behind this strategy sits Strategy’s Bitcoin treasury, now totaling 576,230 BTC — roughly $60 billion in value. “That permanent capital is the foundation for everything we’re building,” Saylor said.
While spot Bitcoin ETFs cater to investors looking for direct price exposure, Strategy continues to offer a more nuanced set of instruments — each targeting different levels of risk, return, and compliance. The Strife ATM is the latest move in that broader strategy.
This post Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
-
@ 39cc53c9:27168656
2025-05-20 10:45:23I've been thinking about how to improve my seed backup in a cheap and cool way, mostly for fun. Until now, I had the seed written on a piece of paper in a desk drawer, and I wanted something more durable and fire-proof.
After searching online, I found two options I liked the most: the Cryptosteel Capsule and the Trezor Keep. These products are nice but quite expensive, and I didn't want to spend that much on my seed backup. Privacy is also important, and sharing details like a shipping address makes me uncomfortable. This concern has grown since the Ledger incident^1. A $5 wrench attack^2 seems too cheap, even if you only hold a few sats.
Upon seeing the design of Cryptosteel, I considered creating something similar at home. Although it may not be as cool as their device, it could offer almost the same in terms of robustness and durability.
Step 1: Get the materials and tools
When choosing the materials, you will want to go with stainless steel. It is durable, resistant to fire, water, and corrosion, very robust, and does not rust. Also, its price point is just right; it's not the cheapest, but it's cheap for the value you get.
I went to a material store and bought:
- Two bolts
- Two hex nuts and head nuts for the bolts
- A bag of 30 washers
All items were made of stainless steel. The total price was around €6. This is enough for making two seed backups.
You will also need:
- A set of metal letter stamps (I bought a 2mm-size letter kit since my washers were small, 6mm in diameter)
- You can find these in local stores or online marketplaces. The set I bought cost me €13.
- A good hammer
- A solid surface to stamp on
Total spent: 19€ for two backups
Step 2: Stamp and store
Once you have all the materials, you can start stamping your words. There are many videos on the internet that use fancy 3D-printed tools to get the letters nicely aligned, but I went with the free-hand option. The results were pretty decent.
I only stamped the first 4 letters for each word since the BIP-39 wordlist allows for this. Because my stamping kit did not include numbers, I used alphabet letters to define the order. This way, if all the washers were to fall off, I could still reassemble the seed correctly.
The final result
So this is the final result. I added two smaller washers as protection and also put the top washer reversed so the letters are not visible:
Compared to the Cryptosteel or the Trezor Keep, its size is much more compact. This makes for an easier-to-hide backup, in case you ever need to hide it inside your human body.
Some ideas
Tamper-evident seal
To enhance the security this backup, you can consider using a tamper-evident seal. This can be easily achieved by printing a unique image or using a specific day's newspaper page (just note somewhere what day it was).
Apply a thin layer of glue to the washer's surface and place the seal over it. If someone attempts to access the seed, they will be forced to destroy the seal, which will serve as an evident sign of tampering.
This simple measure will provide an additional layer of protection and allow you to quickly identify any unauthorized access attempts.
Note that this method is not resistant to outright theft. The tamper-evident seal won't stop a determined thief but it will prevent them from accessing your seed without leaving any trace.
Redundancy
Make sure to add redundancy. Make several copies of this cheap backup, and store them in separate locations.
Unique wordset
Another layer of security could be to implement your own custom mnemonic dictionary. However, this approach has the risk of permanently losing access to your funds if not implemented correctly.
If done properly, you could potentially end up with a highly secure backup, as no one else would be able to derive the seed phrase from it. To create your custom dictionary, assign a unique number from 1 to 2048 to a word of your choice. Maybe you could use a book, and index the first 2048 unique words that appear. Make sure to store this book and even get a couple copies of it (digitally and phisically).
This self-curated set of words will serve as your personal BIP-39 dictionary. When you need to translate between your custom dictionary and the official BIP-39 wordlist, simply use the index number to find the corresponding word in either list.
Never write the idex or words on your computer (Do not use
Ctr+F
) -
@ 609f186c:0aa4e8af
2025-05-16 20:57:43Google says that Android 16 is slated to feature an optional high security mode. Cool.
Advanced Protection has a bunch of requested features that address the kinds of threats we worry about.
It's the kind of 'turn this one thing on if you face elevated risk' that we've been asking for from Google.
And likely reflects some learning after Google watched Apple 's Lockdown Mode play out. I see a lot of value in this..
Here are some features I'm excited to see play out:
The Intrusion Logging feature is interesting & is going to impose substantial cost on attackers trying to hide evidence of exploitation. Logs get e2ee encrypted into the cloud. This one is spicy.
The Offline Lock, Inactivity Reboot & USB protection will frustrate non-consensual attempts to physically grab device data.
Memory Tagging Extension is going to make a lot of attack & exploitation categories harder.
2G Network Protection & disabling Auto-connect to insecure networks are going to address categories of threat from things like IMSI catchers & hostile WiFi.
I'm curious about some other features such as:
Spam & Scam detection: Google messages feature that suggests message content awareness and some kind of scanning.
Scam detection for Phone by Google is interesting & coming later. The way it is described suggests phone conversation awareness. This also addresses a different category of threat than the stuff above. I can see it addressing a whole category of bad things that regular users (& high risk ones too!) face. Will be curious how privacy is addressed or if this done purely locally. Getting messy: Friction points? I see Google thinking these through, but I'm going to add a potential concern: what will users do when they encounter friction? Will they turn this off & forget to re-enable? We've seen users turn off iOS Lockdown Mode when they run into friction for specific websites or, say, legacy WiFi. They then forget to turn it back on. And stay vulnerable.
Bottom line: users disabling Apple's Lockdown Mode for a temporary thing & leaving it off because they forget to turn it on happens a lot. This is a serious % of users in my experience...
And should be factored into design decisions for similar modes. I feel like a good balance is a 'snooze button' or equivalent so that users can disable all/some features for a brief few minute period to do something they need to do, and then auto re-enable.
Winding up:
I'm excited to see how Android Advanced Protection plays with high risk users' experiences. I'm also super curious whether the spam/scam detection features may also be helpful to more vulnerable users (think: aging seniors)...
Niche but important:
Some users, esp. those that migrated to security & privacy-focused Android distros because of because of the absence of such a feature are clear candidates for it... But they may also voice privacy concerns around some of the screening features. Clear communication from the Google Security / Android team will be key here.
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@ 82b30d30:40c6c003
2025-05-23 09:02:28nostr:nevent1qqsyeyycax9qgrr4qvtty4h62x96vc6lydh8yg7jl5er99zg7wlpdrch4np3n nostr:nevent1qqs0sqhtzc4p3vysz5k7l29x2lcnedeys55t7mqp2mz7ugrmw0v725cskvqau nostr:nevent1qqsq74xd6qzp9fp8nt8wqpredynnx9t59w9gmzs69jemwu24vjvx78c7wqsl6 nostr:nevent1qqsx6uaegtvy8y47w4fn4dsa0dzkrkjhmwyz9kgq8zw7s3hcg6fuhqg9yywsj nostr:nevent1qqspze6lekfau8063lcup5z0sq62fjhjgr5qjhqy29th28ghsjdendgpvh0ev nostr:nevent1qqsds5j8zk2cx0z4c7ndmq7pgnhtt9hxxu3ee8lq7j69xkpf68u44xgx0v9ux nostr:nevent1qqs20740qquqtt7mrxsqdhftg6rghselqmz8ewp7xsr4v3ltw8ha64scu0suh nostr:nevent1qqsr6sekrmed9g6m7fussfeg4ye5wupplx2wkrul6u8w7yykq6gs7cgz5lwj9 nostr:nevent1qqsfthry2n8yrevtuu8e83gjz2cjv9yh5p43t992h9dx8zy7xs49npq5rp89x nostr:nevent1qqs2rsq8g63z86vw5ta6rcjhtm94u92hhgdv5u7l6ymhy6nulq4awwq58f2af nostr:nevent1qqsdjqf2rwen0sqxvftqg9r6k6404n6ufhl89rn0kyga890ssx7a9pqhvw9z7 nostr:nevent1qqs9j53hpsdpt08f258hnm2sjrgx2anvd7qdrrvqx6ryppslr6lcqdqnammt4 nostr:nevent1qqsx2cs5gf2mlk4a524k2fk0f2fs80t7ryppe0qxyzvexyyh0z2xq0q9ckpgk nostr:nevent1qqsvtkg68twtgm6659v76rxc703qruq6awdxjfdjjcvlwu2r3k4r27sa9qexz nostr:nevent1qqs82g7s2u3560xu95zf55yf4suw52zy5sa6d3p7x2rt8trhcneul7qyze3qd nostr:nevent1qqs2zypn5lpuprgede5ncv0z23ewy8wqf8hqx8ltsdhkmv29jgg3svgc7rv4x nostr:nevent1qqsr9mpqw59703y5dltlycd7yxx9ndkx7xe80emd74nzv7f8uvj9y9saugvlp nostr:nevent1qqsr707sa8jns2ppuyh7kp2jxv6ax4vq7c2y5c2a57y0ewhw2qmpgjc935qgp nostr:nevent1qqsv8gj48n085jtqrr2kaygzcltq026cdn4p448h6s9u25eje8ytvfgu6yyh9 nostr:nevent1qqst2zc68sad5kvklacaqwrh09ghderycqreszwc9schd9zt6z8snzcxzwnwq nostr:nevent1qqszq6fhmm7vuva5ptyflkdstdcknvamlt3j3jj829s59x9d8qw65vslvs39k nostr:nevent1qqst7e22rz3m23mweqdv7ra2mwd7zf4cm3wmvr3hvlc3n2ep6peqjfs753ple nostr:nevent1qqs94rt2exfeuh9v03lftw0s67s0ymuxn8d9vahm08kf2adpwn0h3kgzmfrqw nostr:nevent1qqsysaa7s4apg77tgdx449zwrh86cgrrgm8nl75rk5ezfhk08gemcfq7m7kde nostr:nevent1qqs29glqa5sf3d6nrapqhdlqmmj64xdejf4ky5902s0rcfzyr34gx5s6z9vh2 nostr:nevent1qqswnwcakyyef405uq84u529axlftmc2hq6ejgkefpha38t9fg0tf7ceqarnt nostr:nevent1qqsgpztjppvz0e4lackz9zgutvgtszl9hw6dahlfrmg0u7p3epk9lvgutulpm nostr:nevent1qqszqlx6a695hjnv3m2hwphx2vmu6euw0rmnzqzdgy9d6ud97d9etqshlw6zv nostr:nevent1qqsgfesj07k75v7y5sx070808kd6rr4nf8ptsx685z8kwem7quhk3uc2nhlre nostr:nevent1qqs9qq0tu5t2mrpe8n0f98zewvednrdzqdwsj9vhja9sjtuyjfkmlcswxmjz6 nostr:nevent1qqsfjsjkeq9ux0mjlpzkkcl26vdk7p96paxzlmnp0uckzd3gwtsf9gc32t9ya nostr:nevent1qqs0clwat2zwn4nurlgx9ghlrly8jkk6094hjsz0hd2esxfnkqhcdscnv0xuq nostr:nevent1qqs9vvydt9y0ph230at8mgd4x4juqw89wze2sjthmr4h0rsrg0vmwkc68fass nostr:nevent1qqs8gg9rqrw05hx4a2nmjc7kgc4fxrsd0fqpvz4hg73qel3pxz7yqecwefmha nostr:nevent1qqs9lmvurhnyp0pr8x0ckxnjpt9c6dtnwc0tuczl7uujsc2mf7drfvgjm7s5t nostr:nevent1qqs9n0fvpjl4qmp6nq7s697trhlp9cqydmfwtv0hyevfmnkkjq53ldcp2ue30 nostr:nevent1qqstphjtlec767x53cd0hycul0up5nccje54gyxdakp6rj6jdczw66st3rh78 nostr:nevent1qqstk68pvck7lv6dqlgx9eszmx4h3vyurfxwjgwgg2fw258ws7y7u0s0k28re nostr:nevent1qqs8m2sql8nnzfzpmgqer3vhaxejjeqsyam4q7dt5h58czzezffnsrq7tf2e7 nostr:nevent1qqs2gxp2p69m4xn0z8fmhg7s7krhcu60yszes3sapa9rz89qt8t6zas56lwvq nostr:nevent1qqs9esesyzs2mq93tkcy3wcvtu85rwj5e4m8dh4mk6zma86zz9vv06scurxue nostr:nevent1qqswprrqxz0smcrzn8qexp480jhkg4zjd0n0uphc2wx8pyte4dfavjqjyg7rn nostr:nevent1qqspltzt54qxxu3yjpazxyssm3s6xl8gwxr5eyvuvl8c8epj02e7dkclx3xy7 nostr:nevent1qqsp5ye5klfkf5fzapwscq26jaq84emcd8lku0q2vdky2spf0rhh2as83nnjn nostr:nevent1qqsxsrjh8m77eh3lpn9kacssn7k0mza4z4e9g68q70mqa78p4xjv2tqx28avg nostr:nevent1qqs2h9sg90jxzs08qancaj08qzeu7hh8lss32ny8uaww5m96xp25uus9z5rkz nostr:nevent1qqs2w7us0ef22ervcpya2rk24q5zcjaccae3d5rh9tt5jphfwax493c9pjs86 nostr:nevent1qqs2zr67e5pca9m3lqjw9w72v2h9507d62eya53n8pysle0fhu7adfqkd6hrq nostr:nevent1qqs87zlw6cas3my02fndu2rnfxyzrayqa7g5ptyhsjr37ewmk9jaqwclnp9n5 nostr:nevent1qqsqwpjhgp02jp878c5ftuuxt6czwf5sxcp25ma7p6y9x0sagpwz4tck0cjrt nostr:nevent1qqsyvtujm282xpmstttexzz2u0jxuts0e88t4vcnvg327vw5ju4x74q4wwjh7 nostr:nevent1qqsx6ulpc88x7nqpur3gagkp5uewn3t3a6qelzflejfy86j2y4pqv8gugmhu9 nostr:nevent1qqs9xgvwqy4ephxmfne62d7vucg6mvt8r9vlajw660eq590xnhrg5agv8q4s4 nostr:nevent1qqs9wpg4d0xd8dksnejdewus562f2t2vepyp8fdm6fft4k8t3j4tasguatjx5 nostr:nevent1qqs8lp0skjc83ky4lysegx3cnzxfvy3myskdfwcqs9v7564970ru29qsyc0np nostr:nevent1qqs2vle2yawtsrfftltp9nnzs65vcl4qjtyakap7qkvzd5mg8va4jjqtys34s nostr:nevent1qqsxm5q0xvnrlseh9x2t4k3cr207hzv9veyyt4vtht04yxlgcjk9cpq60l7jw nostr:nevent1qqsvqez6v63mglzj0xwy5d2tqy4956edvtqctncmmhxthgufefsw6wshuvlza nostr:nevent1qqsvk95ngt7u9jfx8l9det80qx39vrlfgkatn3cz3y5pk0g7qu7p2fctqrd2r nostr:nevent1qqsrknzln82etu0pqzhtakemt4c4thszw7kh9zzc85wx9q7y2ltee7gcl4gpu nostr:nevent1qqspws9jvjsj3lzksqvxtche9tvnz55lvurund04pltq92cyrpm3dzqe4zxzt nostr:nevent1qqsf2cmj0txt9l23a2jx9jr0pwsmsr7js2nztgygknltu3alad8mpxqmkm75p nostr:nevent1qqsdh8zc5ydx4nvv4vxgg40xuatg5vdccdy5pn8nqz4x8gchke6sqns2v5ed2 nostr:nevent1qqsptqnt63mntkthndn8ganaatjh08xqrz6fx8y28r85elgrwfk97qsnasax5 nostr:nevent1qqsqp4l0mw3lm0mznvn37dk7wfxsr3e9fvp220v4zjy7fs5u3km5h6cl2u28m nostr:nevent1qqs09m70m33lkafu89xjfpyjft9p3dmcywjsmm7tx30ppxzwy6t3aaq959lff nostr:nevent1qqswpnrgahzcxnqg886gx9vgvsf7tenxgw9uqmtsv95r38m4xu90zwgaekq5s
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@ cae03c48:2a7d6671
2025-05-23 13:00:59Bitcoin Magazine
The Freedom Issue: Letter From the EditorBitcoin is freedom money, a censorship-resistant form of digital cash allowing anyone with an internet connection to send money to anyone else, regardless of nationality, borders, or other arbitrary restrictions.
I personally first heard about Bitcoin in early 2013, through friends who were buying… stuff from Silk Road, the darknet marketplace helmed by the mysterious Dread Pirate Roberts. Although Silk Road was controversial (the “stuff” most people bought and sold was, of course, illegal drugs), it represented a radical example of the form of freedom that Bitcoin provides.
Later in 2013, Silk Road was shut down by the FBI, and Ross Ulbricht was revealed as the market’s founder and the true identity behind the Dread Pirate Roberts pseudonym — although he claims several people operated the account. Ulbricht was sentenced to two life sentences plus forty years in prison without the possibility of parole.
In my view — and that of many Bitcoiners — it was excessive. Even if you believe Ulbricht was guilty of everything he was convicted of (all nonviolent crimes), he was made an example of, and didn’t actually deserve to be locked up for the rest of his days.
Fortunately, Ulbricht was granted a full and unconditional pardon from President Trump in January of this year. The founder of Silk Road, in a very literal sense, has regained his freedom.
This edition of Bitcoin Magazine celebrates and highlights the freedom aspect of Bitcoin with a range of articles and artwork focusing on the people and projects that use bitcoin to advance liberty, and those who make this possible… with a special focus on Ulbricht and Silk Road.
For other stories about bitcoin as freedom money, flip the magazine around!
Welcome to The Freedom Issue.
Aaron van Wirdum
Don’t miss your chance to own The Freedom Issue—featuring never-before-seen letters from Ross Ulbricht and his mother, Lyn. Limited run. Only available while supplies last.
This piece is the Letter from the Editor featured in the latest print edition of Bitcoin Magazine, The Freedom Issue. We’re sharing it here as an early look at the ideas explored throughout the full issue.
This post The Freedom Issue: Letter From the Editor first appeared on Bitcoin Magazine and is written by Aaron Van Wirdum.
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@ 39cc53c9:27168656
2025-05-20 10:45:21kycnot.me features a somewhat hidden tool that some users may not be aware of. Every month, an automated job crawls every listed service's Terms of Service (ToS) and FAQ pages and conducts an AI-driven analysis, generating a comprehensive overview that highlights key points related to KYC and user privacy.
Here's an example: Changenow's Tos Review
Why?
ToS pages typically contain a lot of complicated text. Since the first versions of kycnot.me, I have tried to provide users a comprehensive overview of what can be found in such documents. This automated method keeps the information up-to-date every month, which was one of the main challenges with manual updates.
A significant part of the time I invest in investigating a service for kycnot.me involves reading the ToS and looking for any clauses that might indicate aggressive KYC practices or privacy concerns. For the past four years, I performed this task manually. However, with advancements in language models, this process can now be somewhat automated. I still manually review the ToS for a quick check and regularly verify the AI’s findings. However, over the past three months, this automated method has proven to be quite reliable.
Having a quick ToS overview section allows users to avoid reading the entire ToS page. Instead, you can quickly read the important points that are grouped, summarized, and referenced, making it easier and faster to understand the key information.
Limitations
This method has a key limitation: JS-generated pages. For this reason, I was using Playwright in my crawler implementation. I plan to make a release addressing this issue in the future. There are also sites that don't have ToS/FAQ pages, but these sites already include a warning in that section.
Another issue is false positives. Although not very common, sometimes the AI might incorrectly interpret something harmless as harmful. Such errors become apparent upon reading; it's clear when something marked as bad should not be categorized as such. I manually review these cases regularly, checking for anything that seems off and then removing any inaccuracies.
Overall, the automation provides great results.
How?
There have been several iterations of this tool. Initially, I started with GPT-3.5, but the results were not good in any way. It made up many things, and important thigs were lost on large ToS pages. I then switched to GPT-4 Turbo, but it was expensive. Eventually, I settled on Claude 3 Sonnet, which provides a quality compromise between GPT-3.5 and GPT-4 Turbo at a more reasonable price, while allowing a generous 200K token context window.
I designed a prompt, which is open source^1, that has been tweaked many times and will surely be adjusted further in the future.
For the ToS scraping part, I initially wrote a scraper API using Playwright^2, but I replaced it with Jina AI Reader^3, which works quite well and is designed for this task.
Non-conflictive ToS
All services have a dropdown in the ToS section called "Non-conflictive ToS Reviews." These are the reviews that the AI flagged as not needing a user warning. I still provide these because I think they may be interesting to read.
Feedback and contributing
You can give me feedback on this tool, or share any inaccuraties by either opening an issue on Codeberg^4 or by contacting me ^5.
You can contribute with pull requests, which are always welcome, or you can support this project with any of the listed ways.
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@ a3c6f928:d45494fb
2025-05-23 09:01:16As artificial intelligence becomes more embedded in our lives, it reshapes the way we understand and exercise freedom. AI holds immense potential to enhance liberty—by automating tasks, expanding access to information, and enabling personalized experiences. Yet it also introduces complex challenges that demand careful consideration.
The Promises of AI for Freedom
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Empowerment through Information: AI democratizes knowledge by curating and delivering information more effectively than ever before. This helps individuals make informed decisions and engage more deeply with society.
-
Efficiency and Liberation: By handling repetitive tasks, AI frees humans to focus on creativity, strategic thinking, and emotional intelligence—areas where freedom of thought thrives.
-
Accessibility and Inclusion: AI-powered tools can break down barriers for people with disabilities, improve language translation, and provide personalized education—broadening freedom for all.
Risks and Responsibilities
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Surveillance and Privacy: When AI is used for mass surveillance, it threatens personal freedom and autonomy. The right to privacy must be protected.
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Bias and Discrimination: AI systems can reflect and amplify societal biases, leading to unfair outcomes. Ensuring fairness and transparency is crucial.
-
Autonomy and Control: As AI makes more decisions on our behalf, we risk ceding control. Freedom means preserving human agency in AI-driven systems.
Building an Ethical AI Future
-
Transparent Design: Developers must prioritize clarity and accountability in how AI systems make decisions.
-
Inclusive Development: Involving diverse voices ensures AI serves all communities, not just a privileged few.
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Regulation and Oversight: Thoughtful policy can protect rights while fostering innovation.
The Road Ahead
AI is neither inherently liberating nor oppressive—it depends on how we use it. The challenge before us is to shape AI in ways that support freedom rather than constrain it. This requires vision, vigilance, and values.
“Technology is a useful servant but a dangerous master.” — Christian Lous Lange
Let’s ensure AI remains a tool for expanding freedom, not restricting it.
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@ 39cc53c9:27168656
2025-05-20 10:45:20These reviews are sponsored, yet the sponsorship does not influence the outcome of the evaluations. Sponsored reviews are independent from the kycnot.me list, being only part of the blog. The reviews have no impact on the scores of the listings or their continued presence on the list. Should any issues arise, I will not hesitate to remove any listing. Reviews are in collaboration with Orangefren.
The review
Swapter.io is an all-purpose instant exchange. They entered the scene in the depths of the bear market about 2 years ago in June of 2022.
| Pros | Cons | | --------------- | ---------------------------------- | | Low fees | Shotgun KYC with opaque triggers | | Large liquidity | Relies on 3rd party liquidity | | Works over Tor | Front-end not synced with back-end | | Pretty UI | |
Rating: ★★★☆☆ Service Website: swapter.io
⚠️ There is an ongoing issue with this service: read more on Reddit.
Test Trades
During our testing we performed a trade from XMR to LTC, and then back to XMR.
Our first trade had the ID of:
mpUitpGemhN8jjNAjQuo6EvQ
. We were promised 0.8 LTC for sending 0.5 XMR, before we sent the Monero. When the Monero arrived we were sent 0.799 LTC.On the return journey we performed trade with ID:
yaCRb5pYcRKAZcBqg0AzEGYg
. This time we were promised 0.4815 XMR for sending 0.799 LTC. After Litecoin arrived we were sent 0.4765 XMR.As such we saw a discrepancy of
~0.1%
in the first trade and~1%
in the second trade. Considering those trades were floating we determine the estimates presented in the UI to be highly accurate and honest.Of course Swapter could've been imposing a large fee on their estimates, but we checked their estimates against CoinGecko and found the difference to be equivalent to a fee of just over
0.5%
. Perfectly in line with other swapping services.Trading
Swapter supports BTC, LTC, XMR and well over a thousand other coins. Sadly they don't support the Lightning Network. For the myriad of currencies they deal with they provide massive upper limits. You could exchange tens, or even hundreds, of thousands of dollars worth of cryptocurrency in a single trade (although we wouldn't recommend it).
The flip side to this is that Swapter relies on 3rd party liquidity. Aside from the large liqudity this also benefits the user insofar as it allows for very low fees. However, it also comes with a negative - the 3rd party gets to see all your trades. Unfortunately Swapter opted not to share where they source their liquidity in their Privacy Policy or Terms of Service.
KYC & AML policies
Swapter reserves the right to require its users to provide their full name, their date of birth, their address and government-issued ID. A practice known as "shotgun KYC". This should not happen often - in our testing it never did - however it's not clear when exactly it could happen. The AML & KYC policy provided on Swapter's website simply states they will put your trade on hold if their "risk scoring system [deems it] as suspicious".
Worse yet, if they determine that "any of the information [the] customer provided is incorrect, false, outdated, or incomplete" then Swapter may decide to terminate all of the services they provide to the user. What exactly would happen to their funds in such a case remains unclear.
The only clarity we get is that the Swapter policy outlines a designated 3rd party that will verify the information provided by the user. The third party's name is Sum & Substance Ltd, also simply known as samsub and available at sumsub.com
It's understandable that some exchanges will decide on a policy of this sort, especially when they rely on external liquidity, but we would prefer more clarity be given. When exactly is a trade suspicious?
Tor
We were pleased to discover Swapter works over Tor. However, they do not provide a Tor mirror, nor do they work without JavaScript. Additionally, we found that some small features, such as the live chat, did not work over Tor. Fortunately, other means of contacting their support are still available.
UI
We have found the Swapter UI to be very modern, straightforward and simple to use. It's available in 4 languages (English, French, Dutch and Russian), although we're unable to vouch for the quality of some of those, the ones that we used seemed perfectly serviceable.
Our only issue with the UI was that it claims the funds have been sent following the trade, when in reality it seems to take the backend a minute or so to actually broadcast the transaction.
Getting in touch
Swapter's team has a chat on their website, a support email address and a support Telegram. Their social media presence in most active on Telegram and X (formerly Twitter).
Disclaimer
None of the above should be understood as investment or financial advice. The views are our own only and constitute a faithful representation of our experience in using and investigating this exchange. This review is not a guarantee of any kind on the services rendered by the exchange. Do your own research before using any service.
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@ cae03c48:2a7d6671
2025-05-23 13:00:58Bitcoin Magazine
Bitcoin Pizza Day: 15 Years Since 10,000 BTC Bought Two Pizzas and Changed EverythingOn May 22, 2010, Bitcoin became more than just an idea—it became real money. Laszlo Hanyecz, a developer and early contributor to Bitcoin’s codebase, posted a casual offer: “I’ll pay 10,000 bitcoins for a couple of pizzas.” Five days later, someone took him up on it. Two Papa John’s pizzas were delivered. A screenshot was posted. Bitcoin had entered the real world.
15 years ago, Laszlo Hanyecz spent 10,000 #bitcoin worth $30 on two Papa John's pizzas.
Today, 10,000 $BTC is worth over $1,100,000,000.
What a legend!
pic.twitter.com/EbxQAsixhZ
— Bitcoin Magazine (@BitcoinMagazine) May 22, 2025
That 10,000 Bitcoin, worth about $41 at the time, is now valued at over $1.1 billion. And with Bitcoin hitting a new all-time high of $111,999 on the 15th anniversary of the transaction, the story of the “Bitcoin Pizza” carries more weight than ever.
15 years ago, someone paid 10,000 #Bitcoin for 2 pizzas. That’s worth over $1,000,000,000 today!
It wasn’t just about the pizza. This was the moment Bitcoin proved itself as a functioning currency. Until then, it had lived mostly in theory and code—talked about by cryptographers and mined by hobbyists. Hanyecz’s post, and the trade that followed, transformed the idea into action. “This transaction made Bitcoin real in my eyes,” he said in a 2019 interview. “It wasn’t worth much at the time. I wouldn’t have spent $100 million on pizza, right? But if I hadn’t done that, maybe Bitcoin wouldn’t have become so popular.”
Over the summer of 2010, Hanyecz continued using Bitcoin to buy pizzas, eventually spending more than 79,000 BTC—now worth nearly $8.7 billion. While some have joked at his expense, the truth is this: without those early real-world transactions, Bitcoin might never have proven its use case. Hanyecz helped move Bitcoin from the fringe into functionality.
That legacy still shapes us today. Bitcoin Pizza Day has become a cultural milestone in the crypto world, with meetups, pizza parties, and educational events held globally each May 22. The day serves as a reminder of how far the technology has come—and the importance of everyday actions and the impact they have.
Smiles, joy, and shared moments, this is what today looked like.#Bitcoin Pizza Day at His Grace School was more than a visit. It was connection, care, and community. A heartfelt thank you to everyone who donated and supported #BitcoinGhana #BitcoinPizzaDay #BTC #Bitfiasi pic.twitter.com/xRMv1rpife
— Bitfiasi Initiative (@bitfiasi) May 22, 2025
Just this week, fast food chain Steak ‘n Shake began accepting Bitcoin via the Lightning Network, signaling a growing wave of mainstream adoption. What once felt experimental is now becoming part of everyday commerce.
Bitcoin Pizza Day is about recognition. One simple transaction proved that Bitcoin could work—and 15 years later, the world is still building on that first bite.
This post Bitcoin Pizza Day: 15 Years Since 10,000 BTC Bought Two Pizzas and Changed Everything first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ 39cc53c9:27168656
2025-05-20 10:45:18“The future is there... staring back at us. Trying to make sense of the fiction we will have become.” — William Gibson.
This month is the 4th anniversary of kycnot.me. Thank you for being here.
Fifteen years ago, Satoshi Nakamoto introduced Bitcoin, a peer-to-peer electronic cash system: a decentralized currency free from government and institutional control. Nakamoto's whitepaper showed a vision for a financial system based on trustless transactions, secured by cryptography. Some time forward and KYC (Know Your Customer), AML (Anti-Money Laundering), and CTF (Counter-Terrorism Financing) regulations started to come into play.
What a paradox: to engage with a system designed for decentralization, privacy, and independence, we are forced to give away our personal details. Using Bitcoin in the economy requires revealing your identity, not just to the party you interact with, but also to third parties who must track and report the interaction. You are forced to give sensitive data to entities you don't, can't, and shouldn't trust. Information can never be kept 100% safe; there's always a risk. Information is power, who knows about you has control over you.
Information asymmetry creates imbalances of power. When entities have detailed knowledge about individuals, they can manipulate, influence, or exploit this information to their advantage. The accumulation of personal data by corporations and governments enables extensive surveillances.
Such practices, moreover, exclude individuals from traditional economic systems if their documentation doesn't meet arbitrary standards, reinforcing a dystopian divide. Small businesses are similarly burdened by the costs of implementing these regulations, hindering free market competition^1:
How will they keep this information safe? Why do they need my identity? Why do they force businesses to enforce such regulations? It's always for your safety, to protect you from the "bad". Your life is perpetually in danger: terrorists, money launderers, villains... so the government steps in to save us.
‟Hush now, baby, baby, don't you cry Mamma's gonna make all of your nightmares come true Mamma's gonna put all of her fears into you Mamma's gonna keep you right here, under her wing She won't let you fly, but she might let you sing Mamma's gonna keep baby cosy and warm” — Mother, Pink Floyd
We must resist any attack on our privacy and freedom. To do this, we must collaborate.
If you have a service, refuse to ask for KYC; find a way. Accept cryptocurrencies like Bitcoin and Monero. Commit to circular economies. Remove the need to go through the FIAT system. People need fiat money to use most services, but we can change that.
If you're a user, donate to and prefer using services that accept such currencies. Encourage your friends to accept cryptocurrencies as well. Boycott FIAT system to the greatest extent you possibly can.
This may sound utopian, but it can be achieved. This movement can't be stopped. Go kick the hornet's nest.
“We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.” — Eric Hughes, A Cypherpunk's Manifesto
The anniversary
Four years ago, I began exploring ways to use crypto without KYC. I bookmarked a few favorite services and thought sharing them to the world might be useful. That was the first version of kycnot.me — a simple list of about 15 services. Since then, I've added services, rewritten it three times, and improved it to what it is now.
kycnot.me has remained 100% independent and 100% open source^2 all these years. I've received offers to buy the site, all of which I have declined and will continue to decline. It has been DDoS attacked many times, but we made it through. I have also rewritten the whole site almost once per year (three times in four years).
The code and scoring algorithm are open source (contributions are welcome) and I can't arbitrarly change a service's score without adding or removing attributes, making any arbitrary alterations obvious if they were fake. You can even see the score summary for any service's score.
I'm a one-person team, dedicating my free time to this project. I hope to keep doing so for many more years. Again, thank you for being part of this.
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@ c631e267:c2b78d3e
2025-05-16 18:40:18Die zwei mächtigsten Krieger sind Geduld und Zeit. \ Leo Tolstoi
Zum Wohle unserer Gesundheit, unserer Leistungsfähigkeit und letztlich unseres Glücks ist es wichtig, die eigene Energie bewusst zu pflegen. Das gilt umso mehr für an gesellschaftlichen Themen interessierte, selbstbewusste und kritisch denkende Menschen. Denn für deren Wahrnehmung und Wohlbefinden waren und sind die rasanten, krisen- und propagandagefüllten letzten Jahre in Absurdistan eine harte Probe.
Nur wer regelmäßig Kraft tankt und Wege findet, mit den Herausforderungen umzugehen, kann eine solche Tortur überstehen, emotionale Erschöpfung vermeiden und trotz allem zufrieden sein. Dazu müssen wir erkunden, was uns Energie gibt und was sie uns raubt. Durch Selbstreflexion und Achtsamkeit finden wir sicher Dinge, die uns erfreuen und inspirieren, und andere, die uns eher stressen und belasten.
Die eigene Energie ist eng mit unserer körperlichen und mentalen Gesundheit verbunden. Methoden zur Förderung der körperlichen Gesundheit sind gut bekannt: eine ausgewogene Ernährung, regelmäßige Bewegung sowie ausreichend Schlaf und Erholung. Bei der nicht minder wichtigen emotionalen Balance wird es schon etwas komplizierter. Stress abzubauen, die eigenen Grenzen zu kennen oder solche zum Schutz zu setzen sowie die Konzentration auf Positives und Sinnvolles wären Ansätze.
Der emotionale ist auch der Bereich, über den «Energie-Räuber» bevorzugt attackieren. Das sind zum Beispiel Dinge wie Überforderung, Perfektionismus oder mangelhafte Kommunikation. Social Media gehören ganz sicher auch dazu. Sie stehlen uns nicht nur Zeit, sondern sind höchst manipulativ und erhöhen laut einer aktuellen Studie das Risiko für psychische Probleme wie Angstzustände und Depressionen.
Geben wir negativen oder gar bösen Menschen keine Macht über uns. Das Dauerfeuer der letzten Jahre mit Krisen, Konflikten und Gefahren sollte man zwar kennen, darf sich aber davon nicht runterziehen lassen. Das Ziel derartiger konzertierter Aktionen ist vor allem, unsere innere Stabilität zu zerstören, denn dann sind wir leichter zu steuern. Aber Geduld: Selbst vermeintliche «Sonnenköniginnen» wie EU-Kommissionspräsidentin von der Leyen fallen, wenn die Zeit reif ist.
Es ist wichtig, dass wir unsere ganz eigenen Bedürfnisse und Werte erkennen. Unsere Energiequellen müssen wir identifizieren und aktiv nutzen. Dazu gehören soziale Kontakte genauso wie zum Beispiel Hobbys und Leidenschaften. Umgeben wir uns mit Sinnhaftigkeit und lassen wir uns nicht die Energie rauben!
Mein Wahlspruch ist schon lange: «Was die Menschen wirklich bewegt, ist die Kultur.» Jetzt im Frühjahr beginnt hier in Andalusien die Zeit der «Ferias», jener traditionellen Volksfeste, die vor Lebensfreude sprudeln. Konzentrieren wir uns auf die schönen Dinge und auf unsere eigenen Talente – soziale Verbundenheit wird helfen, unsere innere Kraft zu stärken und zu bewahren.
[Titelbild: Pixabay]
Dieser Beitrag wurde mit dem Pareto-Client geschrieben und ist zuerst auf Transition News erschienen.
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@ 04c915da:3dfbecc9
2025-05-16 17:51:54In 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.
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@ cae03c48:2a7d6671
2025-05-23 13:00:57Bitcoin Magazine
The Citadel (v. Nardo): From Meme to MonumentMy latest painting, The Citadel (v. Nardo), did not begin simply on canvas. It began as a whisper – an image passed digitally between anonymous hands, reposted, remixed, archived, and mythologized across the internet. Like many of my works, this piece builds from historical fragments and symbols, grounded in the belief that memes are not fleeting – they are foundational. They don’t just reflect culture, rather, they write it.
Last year in 2024, I presented a solo show in Abu Dhabi centered around the fact that Subway – the sandwich chain – was one of the first fast food restaurants to accept Bitcoin. That small historical detail became the seed of a larger conceptual inquiry: what does it mean to “consume” in an age of hyper-speed information? The works explored the overlap between fast food, memes, and digital attention. The exhibition was tight, precise, and deeply memetic in its structure.
The Citadel came from a similar place.
In 2013, a now-legendary Reddit post titled “I am a time-traveler from the future, here to beg you to stop what you are doing” appeared online. The author – claiming to be from 2025 – warned of a future shaped by Bitcoin, but not in the way many had hoped. It wasn’t a utopia. It was a stratified society where those who adopted early became untouchably rich, and everyone else was left behind. Whether satire, fiction, or genuine warning, the post struck a nerve. It spread quickly. It became part of the cultural and memetic architecture of Bitcoin.
Years later, another anonymous user gave that warning a visual form. The Citadel v.1, likely created on 4chan, featured a massive tower cobbled together from borrowed imagery – most notably a background ripped from Alexander Mikhalchyk’s oil painting Tower of Babel. Red – overlaid with iconic internet figures like Pepe, Wojak, and the Bogdanoff twins. It was chaotic, funny, ominous. And it caught fire. Versions spread across forums. Variants emerged for Monero, Ethereum, and other Bitcoin-based class hierarchies. A whole mythology took shape around it.
I couldn’t stop thinking about that image. The symbolism. The verticality. The warning. It wasn’t just a meme – it was a map. A visual schema of power and belief, told in the language of the internet. And yet, it had never been physically painted. Never given the weight or permanence it deserved. That’s when I decided to create what I believe is the first fully hand-painted oil version of the Bitcoin Citadel meme.
The Citadel (v. Nardo) is 7 feet wide, 5 feet tall, and entirely rendered in oil by hand over six months. The tower in my painting is original – constructed from references to Bruegel’s depictions of Babel. The superimposed depictions of Pepe, the monk, the nobleman, even Jesus, are deliberate nods to the v.1 version, reimagined and integrated with painterly care. Nothing here is copy-pasted. Every inch is built to feel mythic, monumental, and true to the weight of the meme itself.
Like all my work, it’s meant to evoke grandeur, drama, and symbolic density. It’s meant to feel like a relic from a future past – something dug up from the ruins of digital civilization. My late professor once told me that the best art is both folkloric and provocative. That line never left me.
And that’s essentially what internet memes are. They are modern folklore. They encode belief, identity, warning, and aspiration in compressed symbols. They may start as jokes – but jokes have always been a delivery system for deeper truth. Memes don’t just survive online; they shape what we expect from reality.
The Citadel (v. Nardo) will be sold at auction via Scarce.City and debut at the Bitcoin Conference in Las Vegas – the largest gathering of Bitcoiners in the world. It’s not just a painting. It’s a response. A reckoning. A reminder.Because in the end, as I always say: you become what you meme.
This is a guest post by X-Nardo Opinions expressed are entirely their own and do not necessarily reflect those of BTC, Inc. or Bitcoin Magazine_._
This post The Citadel (v. Nardo): From Meme to Monument first appeared on Bitcoin Magazine and is written by X-Nardo.
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@ 975e4ad5:8d4847ce
2025-05-23 08:47:08Bitcoin Is Not Just an Asset
When Satoshi Nakamoto introduced Bitcoin in 2009, the vision was clear: a decentralized currency for everyday transactions, from buying coffee to paying bills. It was designed to bypass banks and governments, empowering individuals with financial freedom. But when Bitcoin is treated as “digital gold” and locked away in wallets, it fails to fulfill this vision. Instead of replacing fiat currencies, it becomes just another investment, leaving people reliant on dollars, euros, or other traditional currencies for their daily needs.
The Problem with HODLing and Loans
Some Bitcoin enthusiasts advocate holding their coins indefinitely and taking loans against them rather than spending. This approach may seem financially savvy—Bitcoin’s value often rises over time, and loans provide liquidity without selling. But this prioritizes personal gain over the broader goal of financial revolution. Someone who holds Bitcoin while spending fiat isn’t supporting Bitcoin’s mission; they’re merely using it to stay wealthy within the existing system. This undermines the dream of a decentralized financial future.
Lightning Network: Fast and Cheap Transactions
One common argument against using Bitcoin for daily purchases is the high fees and slow transaction times on the main blockchain. Enter the Lightning Network, a second-layer solution that enables near-instant transactions with minimal fees. Imagine paying for groceries or ordering a pizza with Bitcoin, quickly and cheaply. This technology makes Bitcoin practical for everyday use, paving the way for widespread adoption.
Why Using Bitcoin Matters
If Bitcoin is only hoarded and not spent, it will remain a niche asset that shields against inflation but doesn’t challenge the fiat system. For Bitcoin to become a true alternative currency, it must be used everywhere—in stores, online platforms, and peer-to-peer exchanges. The more people and businesses accept Bitcoin, the closer we get to a world where decentralized currency is the norm. This isn’t just an investment; it’s a movement for financial freedom.\ \ Bitcoin wasn’t created to sit idly in wallets or serve as collateral for loans. It’s a tool for change that demands active use. If we want a world where individuals control their finances, we must start using Bitcoin—not just to avoid poverty, but to build a new financial reality.
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@ 04c915da:3dfbecc9
2025-05-16 17:12:05One 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.
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@ eb0157af:77ab6c55
2025-05-23 08:01:20According to CEO Jamie Dimon, the banking giant will open the door to spot Bitcoin ETFs.
As reported by CNBC, JPMorgan has announced that it will allow its clients to buy Bitcoin, without offering custody services. The bank will give clients access to exchange-traded funds (spot ETFs) on Bitcoin, according to sources familiar with the matter.
During a recent investor event, CEO Jamie Dimon confirmed that the bank will open up to Bitcoin for its clients, while refraining from taking on the responsibility of asset custody. “I am not a fan” of Bitcoin, Dimon clarified during the event.
This decision marks a shift from the position Dimon held in 2017, when he labeled Bitcoin a “fraud,” compared it to the tulip mania bubble, and predicted its imminent collapse. At the time, Dimon had even threatened to fire any JPMorgan employee caught trading Bitcoin, calling such activity “stupid” and against company policy.
Despite this operational turnaround, Dimon continues to personally maintain a skeptical stance toward the cryptocurrency. In a 2024 interview with CNBC, he stated he no longer wanted to discuss Bitcoin publicly, emphasizing that, in his view, it lacks “intrinsic value” and is used for criminal activities such as sex trafficking, money laundering, and ransomware.
These comments from Dimon contrast with the recent optimism shown by JPMorgan analysts regarding Bitcoin’s market prospects. According to reports from the bank, Bitcoin could continue gaining ground at the expense of gold in the second half of the year, driven by rising corporate demand and growing support from various U.S. states.
The post JPMorgan to allow clients to buy Bitcoin ETFs: no custody services appeared first on Atlas21.
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@ 04c915da:3dfbecc9
2025-05-15 15:31:45Capitalism 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.
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@ 662f9bff:8960f6b2
2025-05-23 07:38:51I have been really busy this week with work - albeit back in Madeira - so I had little time to read or do much other than work. In the coming weeks I should have more time - I am taking a few weeks off work and have quite a list of things to do.
First thing is to relax a bit and enjoy the pleasant weather here in Funchal for a few days. With 1st May tomorrow it does seem that there will be quite a bit to do..
Some food for thought for you. Who takes and makes your decisions? Do you make them yourself based on information that you have and know to be true or do you allow other people to take and make decisions for you? For example - do you allow governments or unaccountable beaureaucrats and others to decide for you and even to compell you?
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? I dive into this below and do refer back to letter 9 - section: So What can you do about it.
First, a few things to read, watch and listen to
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I Finance the Current Thing by Allen Farrington - when money is political, everything is political...
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Prediction for 2030 (the Great Reset). Sorelle explains things pretty clearly if you care to watch and listen...
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The Global Pandemic Treaty: What You Need to Know . James Corbett is pretty clear too... is this being done with your support? Did you miss something?
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Why the Past 10 Years of American Life Have Been Uniquely Stupid - fascinating thinking on how quite a few recent things came about...
And a few classics - you ought to know these already and the important messages in them should be much more obvious now...
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1984 by George Orwell - look for the perpetual war & conflict, ubiquitous surveillance and censorship not to mention Room 101
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Animal farm - also by George Orwell - note how the pigs end up living in the farmhouse exceeding all the worst behaviour of the farmer and how the constitution on the wall changes. Things did not end well for loyal Boxer.
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Brave New World by Aldous Huxley- A World State, inhabited by genetically modified citizens and an intelligence-based social hierarchy - the novel anticipates large scale psychological manipulation and classical conditioning that are combined to make a dystopian society which is challenged by only a single individual who does not take the Soma.
For more - refer to the References and Reading List
The 7 Habits of Highly Effective People
One of the most transformative books that I ever read was 7 Habits of Highly Effective People by Steven Covey. Over many years and from researching hstorical literature he found seven traits that successful people typically display. By default everyone does the opposite of each of these! Check how you do - be honest...
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Habits 1-3 are habits of Self - they determine how you behave and feel
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Habits 4-6 are habits of interpersonal behaviour - they determine how you deal with and interact with others
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Habit 7 is about regeneration and self care - foundation for happy and healthy life and success
One: Be proactive
Choose your responses to all situations and provocations - your reaction to a situation determines how you feel about it.
By default people will be reactive and this controls their emotions
Two: Begin with the end in mind
When you start to work on something, have a clear view of the goal to be achieved; it should be something substantial that you need and will value.
By default people will begin with what is in front of them or work on details that they can do or progress without having a clear view on the end result to be achieved
Three: Put First things First
Be clear on, and begin with, the Big Rocks- the most important things. If you do not put the Big Rocks into your planning daily activities, your days will be full of sand and gravel! All things can be categorised as Urgent or Not-Urgent and Important or Not-Important.
By Default people will focus on Urgent regardless of importance - all of the results come from focusing on Important Non-Urgent things. All of the 7 Habits are in this category!
Four: Seek Win-Win in all dealings with people and in all negotiations
This is the only sustainable outcome; if you cannot achieve Win-Win then no-deal is the sustainable alternative.
By default people will seek Win-Loose - this leads to failed relationships
Five: Seek first to understand - only then to be understood.
Once you visibly understand the needs and expectations of your counterpart they will be open to listening to your point of view and suggestions/requests - not before!
By default people will expound their point of view or desired result causing their counterpart to want to do the same - this ends in "the dialogue of the deaf"
Six: Synergise - Seek the 3rd alternative in all problems and challenges
Work together to find a proposal that is better than what each of you had in mind
By default people will focus on their own desired results and items, regardless of what the other party could bring to help/facilitate or make available
Seven: Sharpen the saw
Take time to re-invigorate and to be healthy - do nothing to excess. Do not be the forrester who persists in cutting the tree with a blunt saw bcause sharpening it is inconvenient or would "take too much time"!
By default people tend to persist on activities and avoid taking time to reflect, prepare and recover
Mindaps - a technique by Tony Buzan
Many years ago I summarised this in a Mind Map (another technique that was transformative for me - a topic for another Letter from around the world!) see below. Let me know if this interests you - happy to do an explainer video on this!
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.
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@ 502ab02a:a2860397
2025-05-23 07:35:13แหม่ ต้องรีบแวะมาเขียนไว้ก่อน ของกำลังร้อนๆ #ตัวหนังสือมีเสียง เพลง ลานกรองมันส์ นั้นเรื่องที่มาที่ไปน่าจะไปตามอ่านในเพจ ลานกรองมันส์ ได้ครับ recap คร่าวๆคือมันคือ พื้นที่สร้างสรรค์ที่เปิดให้มาทำกิจกรรมต่างๆนานากันได้ครับ
วันนี้เลยจะมาเล่าเรื่องวิธีการใช้คำ ซึ่งมันส์ดีตามชื่อลาน ฮาๆๆๆ ผมตั้งโจทย์ไว้เลยว่า ต้องมีคำว่า ลานกรองมันส์ แน่ๆแล้ว เพราะเป็นชื่อสถานที่ จากนั้นก็เอาคำว่า ลานกองมัน มาแตกขยายความเพราะมันคือต้นกำเนิดเดิมของพื้นที่นั้น คือเป็นลานที่เอาหัวมันมากองกันเอาไว้ รอนำไปผลิตต่อเป็นสินค้าการเกษตรต่างๆ
ตอนนี้เขาเลิกทำไปแล้ว จึงกลายมาเป็น ลานกรองมันส์ ที่เอาชื่อเดิมมาแปลง
เมื่อได้คำหลักๆแล้วผมก็เอาพยัญชนะเลย ลอลิง กอไก่ มอม้า คือตัวหลักของเพลง
โทนดนตรีไม่ต้องเลือกเลยหนีไม่พ้นสามช่าแน่นอน โทนมันมาตั้งแต่เริ่มคิดจะเขียนเลยครับ ฮาๆๆๆ
ผมพยายามแบ่งวรรคไว้ชัดๆ เผื่อไว้เลยว่าอนาคตอาจมีการทำดนตรีแบบแบ่งกันร้อง วรรคของมันเลยเป็น หมู่ เดี่ยว หมู่ เดี่ยว หมู่ เดี่ยว หมู่ แบบสามโทนเลย
ท่อนหมู่นั้น คิดแบบหลายชั้นมากครับ โดยเฉพาะคำว่า มัน เอามันมากอง มันที่ว่าได้ทั้งเป็นคำกิริยา คือ เอามันมากองๆ หรือ มันที่ว่าอาจหมายถึงตัวความฝันเองเป็นคำลักษณะนามเรียกความฝัน "ลานกรองมันส์ เรามาลองกัน มาร่วมกันมอง ลานกรองมันส์ มาร่วมสร้างฝัน เอามันมากอง"
หรือแม้แต่ท่อนต่างๆ ก็เล่นคำว่า มัน กอง เพื่อให้รู้สึกย้ำท่อนหมู่ ที่มีคำว่ามัน เป็นพระเอกหลายหน้า ทั้งความสนุก ทั้งลักษณะนามความฝัน ทั้งกิริยา "ทุกคน ต่างมี ความฝัน เอามา รวมกัน ให้มันเป็นกอง"
อีกท่อนที่ชอบมากตอนเขียนคือ ทำที่ ลานกรองมันส์ idea for fun everyone can do เพราะรู้สึกว่า การพูดภาษาอังกฤษสำเนียงไทยๆ มันตูดหมึกดี ฮาๆๆๆๆ
หัวใจของเพลงคือจะบอกว่า ใครมีฝันก็มาเลย มาทำฝันกัน เรามีที่ให้คุณ ไม่ต้องกลัวอะไรที่จะทำฝันของตัวเอง เล็กใหญ่ ผิดถูก ขอให้ทำมัน อย่าให้ใครหยุดฝันของคุณ นอกจากตัวคุณเอง
เพลงนี้ไม่ได้ลงแพลทฟอร์ม เพราะส่งมอบให้ทาง ลานกรองมันส์เขาครับ ใช้ตามอิสระไปเลย ดังนั้นก็อาจต้องฟังในโพสนี้ หรือ ในยูทูปนะครับ https://youtu.be/W-1OH3YldtM?si=36dFbHgKjiI_9DI8
เนื้อเพลง "ลานกรองมันส์"
ลานกรองมันส์ ขอเชิญทุกท่าน มามันกันดู นะโฉมตรู มาลองดูกัน อ๊ะ มาลันดูกอง
มีงาน คุยกัน สังสรรค์ ดื่มนม ชมจันทร์ ปันฝัน กันเพลิน ทุกคน ต่างล้วน มีดี เรานั้น มีที่ พี่นี้มีโชว์ เอ้า
ลานกรองมันส์ เรามาลองกัน มาร่วมกันมอง ลานกรองมันส์ มาร่วมสร้างฝัน เอามันมากอง
จะเล็ก จะใหญ่ ให้ลอง เราเป็น พี่น้อง เพื่อนพ้อง ต้องตา ทุกคน ต่างมี ความฝัน เอามา รวมกัน ให้มันเป็นกอง เอ้า
ลานกรองมันส์ เรามาลองกัน มาร่วมกันมอง ลานกรองมันส์ มาร่วมสร้างฝัน เอามันมากอง
ชีวิต เราคิดเราทำ ทุกสิ่งที่ย้ำ คือทำสุดใจ จะเขียน จะเรียน จะรำ ทำที่ ลานกรองมันส์ idea for fun everyone can do
ลานกรองมันส์ เรามาลองกัน มาร่วมกันมอง ลานกรองมันส์ มาร่วมสร้างฝัน เอามันมากอง
เรามา ลั่นกลองให้มัน เฮไหนเฮกัน ที่ลานกรองมันส์ ให้ฝัน บันเทิง…
ตัวหนังสือมีเสียง #pirateketo #siamstr
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@ 08f96856:ffe59a09
2025-05-15 01:22:34เมื่อพูดถึง Bitcoin Standard หลายคนมักนึกถึงภาพโลกอนาคตที่ทุกคนใช้บิตคอยน์ซื้อกาแฟหรือของใช้ในชีวิตประจำวัน ภาพแบบนั้นดูเหมือนไกลตัวและเป็นไปไม่ได้ในความเป็นจริง หลายคนถึงกับพูดว่า “คงไม่ทันเห็นในช่วงชีวิตนี้หรอก” แต่ในมุมมองของผม Bitcoin Standard อาจไม่ได้เริ่มต้นจากการที่เราจ่ายบิตคอยน์โดยตรงในร้านค้า แต่อาจเริ่มจากบางสิ่งที่เงียบกว่า ลึกกว่า และเกิดขึ้นแล้วในขณะนี้ นั่นคือ การล่มสลายทีละน้อยของระบบเฟียตที่เราใช้กันอยู่
ระบบเงินที่อิงกับอำนาจรัฐกำลังเข้าสู่ช่วงขาลง รัฐบาลทั่วโลกกำลังจมอยู่ในภาระหนี้ระดับประวัติการณ์ แม้แต่ประเทศมหาอำนาจก็เริ่มแสดงสัญญาณของภาวะเสี่ยงผิดนัดชำระหนี้ อัตราเงินเฟ้อกลายเป็นปัญหาเรื้อรังที่ไม่มีท่าทีจะหายไป ธนาคารที่เคยโอนฟรีเริ่มกลับมาคิดค่าธรรมเนียม และประชาชนก็เริ่มรู้สึกถึงการเสื่อมศรัทธาในระบบการเงินดั้งเดิม แม้จะยังพูดกันไม่เต็มเสียงก็ตาม
ในขณะเดียวกัน บิตคอยน์เองก็กำลังพัฒนาแบบเงียบ ๆ เงียบ... แต่ไม่เคยหยุด โดยเฉพาะในระดับ Layer 2 ที่เริ่มแสดงศักยภาพอย่างจริงจัง Lightning Network เป็น Layer 2 ที่เปิดใช้งานมาได้ระยะเวลสหนึ่ง และยังคงมีบทบาทสำคัญที่สุดในระบบนิเวศของบิตคอยน์ มันทำให้การชำระเงินเร็วขึ้น มีต้นทุนต่ำ และไม่ต้องบันทึกทุกธุรกรรมลงบล็อกเชน เครือข่ายนี้กำลังขยายตัวทั้งในแง่ของโหนดและการใช้งานจริงทั่วโลก
ขณะเดียวกัน Layer 2 ทางเลือกอื่นอย่าง Ark Protocol ก็กำลังพัฒนาเพื่อตอบโจทย์ด้านความเป็นส่วนตัวและประสบการณ์ใช้งานที่ง่าย BitVM เปิดแนวทางใหม่ให้บิตคอยน์รองรับ smart contract ได้ในระดับ Turing-complete ซึ่งทำให้เกิดความเป็นไปได้ในกรณีใช้งานอีกมากมาย และเทคโนโลยีที่น่าสนใจอย่าง Taproot Assets, Cashu และ Fedimint ก็ทำให้การออกโทเคนหรือสกุลเงินที่อิงกับบิตคอยน์เป็นจริงได้บนโครงสร้างของบิตคอยน์เอง
เทคโนโลยีเหล่านี้ไม่ใช่การเติบโตแบบปาฏิหาริย์ แต่มันคืบหน้าอย่างต่อเนื่องและมั่นคง และนั่นคือเหตุผลที่มันจะ “อยู่รอด” ได้ในระยะยาว เมื่อฐานของความน่าเชื่อถือไม่ใช่บริษัท รัฐบาล หรือทุน แต่คือสิ่งที่ตรวจสอบได้และเปลี่ยนกฎไม่ได้
แน่นอนว่าบิตคอยน์ต้องแข่งขันกับ stable coin, เงินดิจิทัลของรัฐ และ cryptocurrency อื่น ๆ แต่สิ่งที่ทำให้มันเหนือกว่านั้นไม่ใช่ฟีเจอร์ หากแต่เป็นความทนทาน และความมั่นคงของกฎที่ไม่มีใครเปลี่ยนได้ ไม่มีทีมพัฒนา ไม่มีบริษัท ไม่มีประตูปิด หรือการยึดบัญชี มันยืนอยู่บนคณิตศาสตร์ พลังงาน และเวลา
หลายกรณีใช้งานที่เคยถูกทดลองในโลกคริปโตจะค่อย ๆ เคลื่อนเข้ามาสู่บิตคอยน์ เพราะโครงสร้างของมันแข็งแกร่งกว่า ไม่ต้องการทีมพัฒนาแกนกลาง ไม่ต้องพึ่งกลไกเสี่ยงต่อการผูกขาด และไม่ต้องการ “ความเชื่อใจ” จากใครเลย
Bitcoin Standard ที่ผมพูดถึงจึงไม่ใช่การเปลี่ยนแปลงแบบพลิกหน้ามือเป็นหลังมือ แต่คือการ “เปลี่ยนฐานของระบบ” ทีละชั้น ระบบการเงินใหม่ที่อิงอยู่กับบิตคอยน์กำลังเกิดขึ้นแล้ว มันไม่ใช่โลกที่ทุกคนถือเหรียญบิตคอยน์ แต่มันคือโลกที่คนใช้อาจไม่รู้ตัวด้วยซ้ำว่า “สิ่งที่เขาใช้นั้นอิงอยู่กับบิตคอยน์”
ผู้คนอาจใช้เงินดิจิทัลที่สร้างบน Layer 3 หรือ Layer 4 ผ่านแอป ผ่านแพลตฟอร์ม หรือผ่านสกุลเงินใหม่ที่ดูไม่ต่างจากเดิม แต่เบื้องหลังของระบบจะผูกไว้กับบิตคอยน์
และถ้ามองในเชิงพัฒนาการ บิตคอยน์ก็เหมือนกับอินเทอร์เน็ต ครั้งหนึ่งอินเทอร์เน็ตก็ถูกมองว่าเข้าใจยาก ต้องพิมพ์ http ต้องรู้จัก TCP/IP ต้องตั้ง proxy เอง แต่ปัจจุบันผู้คนใช้งานอินเทอร์เน็ตโดยไม่รู้ว่าเบื้องหลังมีอะไรเลย บิตคอยน์กำลังเดินตามเส้นทางเดียวกัน โปรโตคอลกำลังถอยออกจากสายตา และวันหนึ่งเราจะ “ใช้มัน” โดยไม่ต้องรู้ว่ามันคืออะไร
หากนับจากช่วงเริ่มต้นของอินเทอร์เน็ตในยุค 1990 จนกลายเป็นโครงสร้างหลักของโลกในสองทศวรรษ เส้นเวลาของบิตคอยน์ก็กำลังเดินตามรอยเท้าของอินเทอร์เน็ต และถ้าเราเชื่อว่าวัฏจักรของเทคโนโลยีมีจังหวะของมันเอง เราก็จะรู้ว่า Bitcoin Standard นั้นไม่ใช่เรื่องของอนาคตไกลโพ้น แต่มันเกิดขึ้นแล้ว
siamstr
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@ e97aaffa:2ebd765d
2025-05-23 07:30:53Passou alguns dias, após as eleições legislativas, a cabeça está mais fria, é um bom momento para um rescaldo e para um pouco de futurologia. Esta análise vai ser limitada apenas aos grandes partidos.
Podemos resumir esta eleição, numa única palavra: Terramoto.
A AD ganhou, mas o grande destaque foi a queda do PS e a subida do Chega. Se a governação do país estava difícil, agora com este novo desenho da assembleia, será quase impossível, piorou bastante. Neste momento, ainda falta contabilizar os votos da emigração, mas o mais provável é o Chega ultrapassar o PS.
A queda do PS foi tremenda, ninguém esperava tal coisa, o partido está em estado de choque. O partido vai necessitar de tempo para estabilizar e para se reconstruir.
Devido a motivos constitucionais (6 meses antes e 6 meses depois da eleição do presidente da República) só poderá existir eleições no final do próximo ano, isso garante que o novo governo da AD vai estar no poder pelo menos um ano. Isso vai obrigar a aprovação do próximo orçamento de estado, como o PS necessita de tirar os holofotes sobre si, vai facilitar o governo. Provavelmente vai existir um acordo de cavalheiro, um pacto de não agressão entre o governo e o PS, o PS vai se abster na votação do orçamento de estado e a governo não fará revisão constituicional sem o consentimento do PS e também não fará reformas nas leis ou políticas que sejam contra os princípios básicos do partido socialista. Em suma, não haverá grandes reformas, será um governo de gestão com ligeiramente mais poderes.
Não será um governo de bloco central, nem um governo da AD com apoio PS, será apenas um governo da AD com uma falsa oposição do PS. Um governo de bloco central, é uma bomba nuclear, ainda seria demasiado cedo para utilizá-la.
O Partido Socialista sabe que, para ter algumas hipóteses de vencer a próxima eleição, necessita de estar bem e o governo da AD tem que demonstrar algum desgaste, uma queda na popularidade. Eu não acredito que um ano seja suficiente, talvez, seja necessário 2 anos. Isto significa que o país poderá ficar estagnado 1 ou 2 anos, se o governo não conseguir fazer grandes reformas, se os cidadãos não virem/sentirem sinais de mudança, vai dar ainda mais força ao Chega.
Eu acredito que o ponto chave, é a imigração, o governo terá que demonstrar muito trabalho e minimizar o problema, para “esvaziar” um pouco o Chega, caso não faça será um problema.
XXVI Governo
Assim, nessa próxima eleição, talvez em 2027, acredito que as percentagens ficarão mais ou menos como esta eleição, com um partido ligeiramente à frente e os outros dois mais equilibrados. Só que o vencedor seria o Chega, ficando a AD(provavelmente o PSD) e o PS a disputa pelo 2º lugar.
Seria um novo terramoto, mas aqui seria necessário utilizar a bomba nuclear, iria surgir uma nova geringonça. Apesar da vitória do Ventura, iria surgir o governo bloco central, com o PSD e PS, não haveria outra alternativa.
O governo de bloco central, teria que ser muito competente, porque se não o for, iria para novas eleições. Se o governo for um fiasco, PS corre o risco de ser esvaziado, cairá ainda mais, correrá um risco de existência, poderá tornar-se num partido insignificante na nossa política.
XXVII Governo
Agora o terramoto ainda maior, nessa futura eleição, o Chega venceria com maioria absoluta, aí sim, seria um verdadeiro terramoto, ao nível de 1755.
O Chega tem o tempo a seu fazer, tem uma forte penetração nos jovens. Cada jovem que faça 18 anos, existe uma forte possibilidade de ser eleitor do Chega, o seu oposto, acontece com o PCP e o PS, os mais velhos vão morrendo, não existe renovação geracional. Mas o ponto fulcral é a ausência de competência generalizada nos partidos e políticos que têm governado o nosso país nos últimos anos, o descontentamento da população é completo. Esses políticos vivem na sua bolha, não tem noção do mundo real, nem compreendem quais são os problemas das pessoas simples, do cidadão comum.
Ventura
Na minha opinião só existirá três situações, que poderão travar as ascensão do André Ventura a primeiro-ministro:
- Ou existe um óptimo governo, que crie um bom crescimento na qualidade de vida das pessoas e que resolva os 3 problemas que mais anseiam actualmente os portugueses: Habitação, Saúde e Imigração. A probabilidade de isso acontecer é quase nula.
- Ou se o André Ventura desistir, a batalha será muito longa e ele poderá ficar cansado. Pouco provável.
- Ou então, um Argumentum ad hominem, terá que surgir algo, factos concretos que manche a imagem do André Ventura, que destrua por completo a sua reputação.
É a minha a linha leitura da bola de cristal, poderão dizer é uma visão pessimista, eu acho que é realista e pragmática, não vejo qualquer competência na classe política para resolver os problemas do país. Esta é a opinião de um recorrente crítico do Chega.
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@ 39cc53c9:27168656
2025-05-20 10:45:16Silent.link is an anonymous eSIM provider. They offer pay-as-you-go roaming in 160+ countries.
Pros
- Anonymous
- Private payment options
- High performance
- Global availability
Cons
- Need to select the right networks sometimes
- Latency
- Data and incoming SMS & call only
Rating
★★★★★
Service website
eSIMs replace traditional, physical SIM cards, if you have a fairly new phone, odds are it supports them. Since most people change their mobile carrier very rarely, the most common use case for these new eSIMs is their use in travel. Although their use as a piece of a larger OPSEC puzzle to improve privacy when using the internet from your phone is increasingly popular too.
Silent.link is not the only eSIM provider out there. Yet, they’re so unique that even Twitter’s (now X) founder Jack Dorsey recommends them.
Let’s start off with a quick explanation of how Silent.link works and what pay-as-you-go means. Most other eSIM providers will sell you packages of GBs with an expiration date. For instance imagine you’re visiting France then going to the UK after a few months. With other providers you might buy a 10GB in France package valid for 7 days, then after some months a 10GB in the UK package also valid for 7 days. You likely won’t use up the full package in either country and the remaining capacity will be voided as the package expires.
Silent.link’s pay-as-you-go is different. There are no geographic packages. There are no expiration dates. You simply have a balance denominated in USD and are charged as you use up the data according to the pricing of whichever local carrier you’re connecting via.
Preparing for the same trips from the example above you’d simply top-up your Silent.link balance with $10. Then you’d use Silent.link in France paying $1.33/GB, you’d only be charged for the exact amount used, then you’d go to the UK and pay $1.54/GB from the balance you had left over from France. It doesn’t matter how much time passes between the trips, because Silent.link balances don’t expire. If you have a balance left over you can use it on a future trip, or simply use it up in your home country.
Pros
Anonymity
Silent.link is anonymous. Most other eSIM providers require some form of identification. This can be a traditional, full KYC, procedure involving your ID or passport numbers or, as seemingly innocent, as verifying your phone number with your main carrier. Regardless, a link between the eSIM you bought online and your identity is established.
In some countries you’ll be able to pick up a traditional SIM (or the new eSIM) from a local carrier without undergoing this verification. This can still be a hassle though. You’ll need to look up the laws before travelling, you’ll need to find a local store selling them, you’ll need to decide how you’ll pay privately, etc. And that’s the best case, that’s assuming the country you want to get the SIM in allows you to buy one anonymously.
Private payment methods
Silent.link only accepts cryptocurrency and according to their stats, most payments are made with Bitcoin (either onchain or using the Lightning Network) or with Monero. As such paying anonymously is not a problem. The use a self-hosted instance of BTCPay Server to process payments and operate their own LN node. The entire checkout process can be completed over Tor.
Cons
Network selection
Although you can skip the hassle of buying a new eSIM every time you travel it’s a good idea to look up the pricing of different mobile networks in the country you’re going to. The differences can be trivial, but can also be 100x. If a specific mobile network offers a much better deal, you’ll probably want to dive into your phone’s settings to make sure it only connects to that network.
High prices for some regions
Second issue can be that, especially for poorer countries, Silent.link might not have the best prices. For instance if you travel to Angola you’ll end up paying $155.44/GB. But if you search around for other providers you’ll find eSIM that offer much lower prices for that same country.
Data & incoming SMS & calls only
These eSIMs are either data-only or only offer data and inbound sms and calls. You can’t use Silent.link eSIMs to send texts or make phone calls.
Latency
For most use-cases this shouldn’t matter, but the way roaming works is that when you’re abroad your data is first sent to your home country then sent out into the internet from there. For instance if you’re a Brit on holiday in Spain wherever you open up a website your phone communicates with the Spanish network who forwards the request to your home network in the UK and only there does the request start going towards the website you’re trying to load. The response takes the same path in reverse.
The home network for the Silent.link eSIMs is Poland. To take an extreme (antipodal) example, if you’re in Chile loading a Chilean website your request will go to Poland then back from Poland to the website’s server in Chile, then the response will go from Chile to Poland to you (in Chile). All those trips add latency. In our testing, done during the recent OrangeFren.com meetup in Istanbul, the difference was an additional 73ms. The bandwidth, however, was exceptional, easily surpassing 100 Mbps.
This latency issue isn’t unique to Silent.link, other eSIM providers usually suffer from it too, though their home network may be better suited for your latency needs. If you need the best latency we recommend a SIM from a local provider (or WiFi).
This proxy behaviour isn’t all negative however. It may potentially allow you to circumvent censorship or geoblocking if you’re trying to access resources available from Poland, but unavailable elsewhere.
Besides Istanbul one of the countries we also tested Silent.link in was Northern Cyprus. This territory is mostly unrecognized. It’s a country that, depending on who you ask, is or isn’t real. Despite this unresolved geopolitical status Silent.link performed without any issues.
Installation
If you decide to give Silent.link a try, you'll need to select if you want a data-only plan or a plan with inbound SMS & calling, once you complete the payment simply scan the QR code on the order confirmation page with your phone. Make sure to save the url of that order confirmation page somewhere! You will need it to top up your eSIM and check your remaining balance.
Getting in touch
The preferred way of contacting Silent.link's support is using the website's built-in chat function. Alternative methods include X (formerly Twitter), Matrix and email.
Their support is online from 09:00 - 21:00 UTC although even when testing outside of those hours we got a reply within a minute.
NOTE: These reviews are sponsored, yet the sponsorship does not influence the outcome of the evaluations. Sponsored reviews are independent from the kycnot.me list, being only part of the blog. The reviews have no impact on the scores of the listings or their continued presence on the list. Should any issues arise, I will not hesitate to remove any listing.
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@ 57d1a264:69f1fee1
2025-05-16 07:51:08Payjoin allows the sender and receiver of an on-chain payment to collaborate and create a transaction that breaks on-chain heuristics, allowing a more private transaction with ambiguous payment amount and UTXO ownership. Additionally, it can also be used for UTXO consolidation (receiver saves future fees) and batching payments (receiver can make payment(s) of their own in the process of receiving one), also known as transaction cut-through. Other than improved privacy, the rest of the benefits are typically applicable to the receiver, not the sender.
BIP-78 was the original payjoin protocol that required the receiver to run a endpoint/server (always online) in order to mediate the payjoin process. Payjoin adoption has remained pretty low, something attributed to the server & perpetual online-ness requirement. This is the motivation for payjoin v2.
The purpose of the one-pager is to analyse the protocol, and highlight the UX issues or tradeoffs it entails, so that the payjoin user flows can be appropriately designed and the tradeoffs likewise communicated. A further document on UX solutions might be needed to identify solutions and opportunities
The following observations are generally limited to individual users transacting through their mobile devices:
While users naturally want better privacy and fee-savings, they also want to minimise friction and minimise (optimise) payment time. These are universal and more immediate needs since they deal with the user experience.
Added manual steps
TL;DR v2 payjoin eliminates server & simultaneous user-liveness requirements (increasing TAM, and opportunities to payjoin, as a result) by adding manual steps.
Usually, the extent of the receiver's involvement in the transaction process is limited to sharing their address with the sender. Once they share the address/URI, they can basically forget about it. In the target scenario for v2 payjoin, the receiver must come online again (except they have no way of knowing "when") to contribute input(s) and sign the PSBT. This can be unexpected, unintuitive and a bit of a hassle.
Usually (and even with payjoin v1), the sender crafts and broadcasts the transaction in one go; meaning the user's job is done within a few seconds/minutes. With payjoin v2, they must share the original-PSBT with the receiver, and then wait for them to do their part. Once the the receiver has done that, the sender must come online to review the transaction, sign it & broadcast.
In summary,
In payjoin v1, step 3 is automated and instant, so delay 2, 3 =~ 0. As the user experiences it, the process is completed in a single session, akin to a non-payjoin transaction.
With payjoin v2, Steps 2 & 3 in the above diagram are widely spread and noticeable. These manual steps are separated by uncertain delays (more on that below) when compared to a non-payjoin transaction.
Delays
We've established that both senders and receivers must take extra manual steps to execute a payoin transaction. With payjoin v2, this process gets split into multiple sessions, since the sender and receiver are not like to be online simultaneously.
Delay 2 & 3 (see diagram above) are uncertain in nature. Most users do not open their bitcoin wallets for days or weeks! The receiver must come online before the timeout hits in order for the payjoin process to work, otherwise time is just wasted with no benefit. UX or technical solutions are needed to minimise these delays.
Delays might be exacerbated if the setup is based on hardware wallet and/or uses multisig.
Notifications or background processes
There is one major problem when we say "the user must come online to..." but in reality the user has no way of knowing there is a payjoin PSBT waiting for them. After a PSBT is sent to the relay, the opposite user would only find out about it whenever they happen to come online. Notifications and background sync processes might be necessary to minimise delays. This is absolutely essential to avert timeouts in addition to saving valuable time. Another risk is phantom payjoin stuff after the timeout is expired if receiver-side does not know it has.
Fee Savings
The following observations might be generally applicable for both original and this v2 payjoin version. Fee-savings with payjoin is a tricky topic. Of course, overall a payjoin transaction is always cheaper than 2 separate transactions, since they get to share the overhead.
Additionally, without the receiver contributing to fees, the chosen fee rate of the PSBT (at the beginning) drops, and can lead to slower confirmation. From another perspective, a sender paying with payjoin pays higher fees for similar confirmation target. This has been observed in a production wallet years back. Given that total transaction time can extend to days, the fee environment itself might change, and all this must be considered when designing the UX.
Of course, there is nothing stopping the receiver from contributing to fees, but this idea is likely entirely novel to the bitcoin ecosystem (perhaps payments ecosystem in general) and the user base. Additionally, nominally it involves the user paying fees and tolerating delays just to receive bitcoin. Without explicit incentives/features that encourage receivers to participate, payjoining might seem like an unncessary hassle.
Overall, it seems that payjoin makes UX significant tradeoffs for important privacy (and potential fee-saving) benefits. This means that the UX might have to do significant heavy-lifting, to ensure that users are not surprised, confused or frustrated when they try to transact on-chain in a privacy-friendly feature. Good, timely communication, new features for consolidation & txn-cutthrough and guided user flows seem crucial to ensure payjoin adoption and for help make on-chain privacy a reality for users.
---------------
Original document available here. Reach out at
yashrajdca@proton.me
,y_a_s_h_r_a_j.70
on Signal, or on reach out in Bitcoin Design discord.https://stacker.news/items/981388
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@ eb0157af:77ab6c55
2025-05-23 07:01:38A group of users has filed a class action lawsuit against Coinbase, claiming that its identity verification checks violate the state’s biometric privacy law.
According to plaintiffs Scott Bernstein, Gina Greeder, and James Lonergan in the lawsuit filed on May 13 in a federal court, Coinbase’s “indiscriminate collection” of facial biometric data for Know Your Customer (KYC) requirements breaches Illinois’ Biometric Information Privacy Act (BIPA).
The group argued that the exchange failed to notify users in writing about the collection, storage, or sharing of their biometric data, as well as the purpose and retention schedule for such data. “Coinbase does not publicly provide a retention schedule or guidelines for permanently destroying Plaintiffs’ biometric identifiers as specified by BIPA,” they alleged.
The complaint claims that Coinbase requires users to verify their identity by uploading a government-issued ID and a selfie, which is then sent to third-party facial recognition software to scan and extract facial geometry. This process captures biometric identifiers without the users’ informed written consent, thus violating BIPA, according to the lawsuit.
Additionally, the group alleged that Coinbase unlawfully shared biometric data with third-party verification providers such as Jumio, Onfido, Au10tix, and Solaris without users’ consent. “Coinbase ‘obtains’ biometric data in violation of [BIPA] because it explicitly directed the Third Party Verification Providers to use its software to verify and authenticate users, including Plaintiffs, and its software does so by collecting biometric data,” the complaint read.
The group also stated that over 10,000 individuals have filed arbitration demands on these issues with the American Arbitration Association, but Coinbase allegedly refused to pay the required arbitration fees, causing the claims to be dismissed.
Legal demands
The lawsuit brings three counts of biometric privacy law violations and one count of consumer fraud under the Illinois Consumer Fraud and Deceptive Business Practices Act. The group seeks $5,000 for each intentional or reckless violation, $1,000 for each negligent violation, along with injunctive relief and litigation costs.
Coinbase was also recently hit by at least six lawsuits following the May 15 disclosure that some of its customer support agents were allegedly bribed to leak user data.
The post Lawsuit against Coinbase for biometric privacy violations in Illinois appeared first on Atlas21.
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@ 39cc53c9:27168656
2025-05-20 10:45:15After almost 3 months of work, we've completed the redesign of kycnot.me. More modern and with many new features.
Privacy remains the foundation - everything still works with JavaScript disabled. If you enable JS, you will get some nice-to-have features like lazy loading and smoother page transitions, but nothing essential requires it.
User Accounts
We've introduced user accounts that require zero personal information:
- Secret user tokens - no email, no phone number, no personal data
- Randomly generated usernames for default privacy and fairness
- Karma system that rewards contributions and unlocks features: custom display names, profile pictures, and more.
Reviews and Community Discussions
On the previous sites, I was using third party open source tools for the comments and discussions. This time, I've built my own from scratch, fully integrated into the site, without JavaScript requirements.
Everyone can share their experiences and help others make informed decisions:
- Ratings: Comments can have a 1-5 star rating attached. You can have one rating per service and it will affect the overall user score.
- Discussions: These are normal comments, you can add them on any listed service.
Comment Moderation
I was strugling to keep up with moderation on the old site. For this, we've implemented an AI-powered moderation system that:
- Auto-approves legitimate comments instantly
- Flags suspicious content for human review
- Keeps discussions valuable by minimizing spam
The AI still can mark comments for human review, but most comments will get approved automatically by this system. The AI also makes summaries of the comments to help you understand the overall sentiment of the community.
Powerful Search & Filtering
Finding exactly what you need is now easier:
- Advanced filtering system with many parameters. You can even filter by attributes to pinpoint services with specific features.
The results are dynamic and shuffle services with identical scores for fairness.
See all listings
Listings are now added as 'Community Contributed' by default. This means that you can still find them in the search results, but they will be clearly marked as such.
Updated Scoring System
New dual-score approach provides more nuanced service evaluations:
- Privacy Score: Measures how well a service protects your personal information and data
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Trust Score: Assesses reliability, security, and overall reputation
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Combined into a weighted Overall Score for quick comparisons
- Completely transparent and open source calculation algorithm. No manual tweaking or hidden factors.
AI-Powered Terms of Service Analysis
Basically, a TLDR summary for Terms of Service:
- Automated system extracts the most important points from complex ToS documents
- Clear summaries
- Updated monthly to catch any changes
The ToS document is hashed and only will be updated if there are any changes.
Service Events and Timelines
Track the complete history of any service, on each service page you can see the timeline of events. There are two types of events:
- Automatic events: Created by the system whenever something about a service changes, like its description, supported currencies, attributes, verification status…
- Manual events: Added by admins when there’s important news, such as a service going offline, being hacked, acquired, shut down, or other major updates.
There is also a global timeline view available at /events
Notification System
Since we now have user accounts, we built a notifiaction system so you can stay informed about anything:
- Notifications for comment replies and status changes
- Watch any comment to get notified for new replies.
- Subscribe to services to monitor events and updates
- Notification customization.
Coming soon: Third-party privacy-preserving notifications integration with Telegram, Ntfy.sh, webhooks...
Service Suggestions
Anyone with an account can suggest a new service via the suggestion form. After submitting, you'll receive a tracking page where you can follow the status of your suggestion and communicate directly with admins.
All new suggestions start as "unlisted" — they won't appear in search results until reviewed. Our team checks each submission to ensure it's not spam or inappropriate. If similar services already exist, you'll be shown possible duplicates and can choose to submit your suggestion as an edit instead.
You can always check the progress of your suggestion, respond to moderator questions, and see when it goes live, everything will also be notified to your account. This process ensures high-quality listings and a collaborative approach to building the directory.
These are some of the main features we already have, but there are many more small changes and improvements that you will find when using the site.
What's Next?
This is just the beginning. We will be constantly working to improve KYCnot.me and add more features that help you preserve your privacy.
Remember: True financial freedom requires the right to privacy. Stay KYC-free!
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@ 57d1a264:69f1fee1
2025-05-16 05:38:28LegoGPT generates a LEGO structure from a user-provided text prompt in an end-to-end manner. Notably, our generated LEGO structure is physically stable and buildable.
Lego is something most of us knows. This is a opportuity to ask where is our creativity going? From the art of crafting figures to building blocks following our need and desires to have a machine thinking and building following step-by-step instructions to achieve an isolated goal.
Is the creative act then in the question itself, not anymore in the crafting? Are we just delegating the solution of problems, the thinking of how to respond to questions, to machines? Would it be different if delegated to other people?
Source: https://avalovelace1.github.io/LegoGPT/
https://stacker.news/items/981336
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@ cae03c48:2a7d6671
2025-05-23 12:00:51Bitcoin Magazine
How Zeus is Redefining Bitcoin with Cashu Ecash IntegrationThe U.S.-based Bitcoin and Lightning mobile wallet Zeus recently announced an alpha-release integration of Cashu. The move marks the first integration of ecash into a popular Bitcoin wallet, breaking new ground for potential user adoption to Bitcoin.
Cashu is a hot new implementation of Chaumian ecash, a form of digital cash invented by David Chaum in the ’90s that has incredible privacy and scalability properties, with the trade-off of being fundamentally centralized, requiring a significant amount of trust in the issuer.In a counterintuitive move for Zeus, known as the go-to tool for advanced Lightning users seeking to connect to their home nodes, the integration of Cashu acknowledges a “last mile” challenge Lightning wallets face when delivering Bitcoin to the masses.
“We basically started off as the cypherpunk wallet, right? You got to set up your own Lightning node and connect to it with Zeus. The last two years, we put the node in the phone with one click, you can run it all in a standalone app without a remote node,” Evan Kaloudis, founder and CEO of Zeus, told Bitcoin Magazine.
“Cashu addresses uneconomical self-custody for small bitcoin amounts. On-chain, the dust limit is 546 satoshis, and Layer Two systems like Lightning have costs for channel setup or unilateral exits that aren’t widely discussed,” Evan explained, highlighting a major point of friction in noncustodial Lightning wallets: the need for liquidity and channel management. While these esoteric aspects of the Lightning Network have been mostly abstracted away since its invention in 2016, these fundamental trade-offs continue to manifest even in the most sophisticated and user-friendly wallets.
In the case of both Phoenix and Zeus, two of the most popular noncustodial options in the market, users must pay up to 10,000 sats upfront to gain spending capacity. These fees are necessary to cover the on-chain fees spent to open a channel for the user against the wallet’s liquidity service provider, unlocking a noncustodial experience.
The required up-front fee is difficult to explain and represents a painful onboarding experience for new users who are used to fiat apps giving them money to join instead. The result is the proliferation of custodial Lightning wallets like Wallet of Satoshi (WOS), which gained massive adoption early on by leveraging the global, near-instant settlement power of Bitcoin combined with the excellent user experience centralized wallets can create.
Major developments have been made over seven years after the Lightning Network’s inception, however, and Zeus is pushing the boundaries.
“With Ecash, we make it so easy that anyone can set up a wallet and start participating in our ecosystem, which I really think is going to become more and more prevalent,” Evan explained.
Today, at roughly $100,000 per bitcoin, 1,000 satoshis are equivalent to $1. Transactions of these sizes are known as microtransactions — a popular example are Nostr social media tips known as Zaps. But finding the right tool for this use case is not simple. Self custodied wallets like Phoenix charge transaction fees in the hundreds of satoshis, even with open channels, and on-chain fees often cost the same and are slower to settle. As a result, there’s an entire category of spending that is only served by cheaper alternatives such as custodial lightning wallets like WOS or Blink, but result in significant privacy tradeoffs, often requiring phone numbers from users and in some cases more advanced KYC and IP tracking. Cashu hopes to serve this market with lower privacy costs, the same ease of use, speed and competitive fees.
Digging deeper into the Cashu integration, Evan explained that “for users this means being able to pick and switch between custodians in a single app. For developers this means being able to defer custodial responsibilities to third parties and not have to wire up a new integration when your current custodian halts operations.”
Zaps are satoshi-denominated rewards delivered as “likes” or micro-tips for content in the Nostr social media ecosystem. A Zap can be as small as one satoshi, the smallest amount of bitcoin that can be technically transferred, equivalent today to about a tenth of a penny. “But I think if we look at Nostr and you’re seeing how many people are Zapping and how big a part of that ecosystem it is. It’s like, people are willing to do it,” Evan explained.
“Cashu, while custodial, lets users accumulate small amounts — say, via Nostr Zaps — without needing 6,000 satoshis to open a Lightning channel. Zeus prompts users to upgrade to self-custody as their balance grows,” he concluded, explaining that the wallet will effectively annoy users into self custody, one of several design choices made to mitigate the risks introduced by Cashu.
Ecash
The trade-offs introduced by Cashu challenge the common understanding of custody as an either-or in Bitcoin. Historically you were either a centralized — custodial — exchange, or you were a noncustodial Bitcoin wallet. In the former, you entrust the coins to a third party; in the latter you take personal responsibility for those coins and their corresponding private keys. Cashu changes this paradigm by introducing bitcoin-denominated ecash notes or “nuts,” which are bearer instruments that should be backed by a full bitcoin reserve and Lightning interoperability for instant withdraw.
Similar to fiat cash, you must take control and responsibility over these notes, but there’s also counterparty risk. In the case of Cashu, there are certain things the issuing mint can theoretically do to exploit their users — akin to how a bank can run on a fractional reserve.
The big difference between Cashu or custodial Bitcoin exchanges and fiat currency is that Cashu is open source, is designed around user privacy, and scales very well. It makes the cost of running a mint lower than either alternative, a feature that makes mint competition easier, in theory countering the centralizing network effects of specific mints.
Finally, the user experience of storing Cashu tokens has been attached to known forms of Bitcoin self custody such as the download of 12-words seeds via various mechanisms, though implementations still vary from wallet to wallet and the whole ecosystem is in its early stages.
To further mitigate the custodial risk of Chaumian-style ecash in Bitcoin, the Cashu community has developed various methods for automatically managing custody risk.
“Users can split risk by using multiple mints, switching between them in the user interface. Soon, ZEUS will guide users to select five or six reputable mints, automatically balancing funds to minimize exposure,” Evan explained, referring to a particular approach called automated bank runs. The idea is that as some Cashu mints may hold more of your funds, Zeus de-ranks them and rotates value out to minimize risk.
“I think the idea is going to be that we guide users to pick five or six reputable mints… And from there, users will be able to have the wallet automatically switch between those mints and determine which mint should be receiving the balance depending on the balance of all the mints presently. So you’ll be like, OK. MiniBits has way too much money. Let’s switch the default to one of the mints that doesn’t have a lot. So that way you can sort of mitigate or rather distribute the rug risk there,” Evan explained, adding, “Our Discover Mint feature pulls reviews from bitcoinmints.com, showing vouch counts and user feedback, like mint reliability or longevity,” describing the reputation layer stacked on top of the various other risk management mechanisms.
There is no known way to use Chaumian-style ecash in an entirely noncustodial way. So as long as the custody risk can be minimized, the scaling and privacy upside becomes remarkable.
Microtransactions
One of the opportunities that ecash unlocks is microtransactions, the most popular example of which are Nostr Zaps often in single dollar ranges of value transferred, though it applies to small Lightning transactions as well. This use case triggers an important technical question that predates Bitcoin, do microtransactions actually make economic sense?
There’s a long-standing argu
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@ 9c9d2765:16f8c2c2
2025-05-23 06:10:53CHAPTER TWENTY SIX
"The streets teach you a lot. It teaches you how to survive, how to fight, how to bend the world to your will. But there’s something else it teaches you how to rise above the petty battles and claim the empire that’s rightfully yours."
Just then, the door opened again, and Charles entered, his usual calm demeanor replaced with a rare air of urgency.
"James," he said, his voice serious. "There’s something you need to know. The press is getting more aggressive. They’ve caught wind of your plans, and they’re pushing for an exclusive interview. They want the story of how you rose from nothing to everything. It’s becoming a media frenzy."
James didn’t flinch. His eyes remained steady as he absorbed the news.
"Let them come," he said. "They can write whatever they want. Let the world see how I turned my destiny around. But they’ll never write the full story. They’ll never know the price I paid to get here."
Charles raised an eyebrow, impressed by James’s unshakable resolve. "And what about Mark and Helen?"
James’s expression darkened, the calm facade cracking just enough to reveal the fire beneath. "They’ll face the consequences of their actions. And I’ll make sure they do."
Rita stepped forward, her tone soft yet firm. "But there’s still a part of you that wants more than just their downfall. You want to rebuild this company, don’t you?"
James glanced at her, his eyes hardening.
"Rebuilding is just the beginning," he replied. "I didn’t fight for what’s mine just to watch it crumble. JP Enterprises will become something greater. Something unbreakable. A legacy that no one can touch, no one can tarnish."
The sound of footsteps echoed through the hallway, and moments later, Mrs. JP entered the room. There was a subtle weight in her posture, but also a sense of pride in her eyes.
"You’ve handled this situation with strength and wisdom, James," she said, her voice full of warmth. "Your father and I could never be prouder. You’ve surpassed every expectation we ever had."
James met her gaze and nodded. "Thank you. But this isn’t just about your approval. It’s about proving to myself in the world that I’m not the man I was before. I’m the man I’ve chosen to be."
Mrs. JP smiled, her eyes softening. "And you’ve become that man with grace. You’ve earned everything that’s come your way."
James’s gaze lingered for a moment before he spoke again. "It’s not over yet. There’s still work to be done. We have to ensure that JP Enterprises remains strong, remains untouchable. This is just the first step."
Charles exchanged a knowing look with Rita, then turned back to James. "We’re with you, every step of the way."
The room fell into a brief, heavy silence. Outside, the city continued to hum, indifferent to the dramatic shifts taking place within the walls of JP Enterprises. But James knew that the storm was far from over. He had won the battle, but the war was only just beginning.
As he looked around at the people who now stood by him, he realized that this victory was more than just personal; it was a turning point for the entire legacy of the JP name.
"James, how does it feel to be the talk of an entire city?" Charles asked, leaning against the polished oak desk in James’s expansive office.
James stood by the window, his hands clasped behind his back, watching the sun descend beyond the city skyline. The room was silent for a moment, filled only with the distant hum of the city below.
"It feels... inevitable," James replied, his tone calm but layered with meaning. "People always talk when someone they counted out rewrites the rules of the game."
Charles chuckled lightly, walking over to pour himself a glass of water. "Well, you haven’t just rewritten the rules, James. You’ve rewritten the entire playbook."
James turned, a shadow of a smile on his face. "And yet, some still believe they can undermine me. Manipulate the truth. Twist it until the entire narrative collapses."
Just then, Rita entered, holding a folder tightly in her hands. There was tension in her posture, controlled, but evident.
"You need to see this," she said, handing James the folder. "It's an internal memo that was intercepted. Apparently, Mark and Helen aren’t done. They’ve secured a secret meeting with a major competitor Wellington Holdings."
James flipped through the documents, his eyes narrowing. "Wellington? So, they’ve moved from sabotage to outright betrayal.
"They’re desperate," Rita added. "Their reputations are in ruins, and with the public backlash after the failed stunt at the anniversary, they’re looking for anything to reclaim their influence."
James’s jaw tightened. "Let them try. I’ve weathered storms far greater than the games of disgraced traitors."
Rita hesitated before continuing. "There’s more. Tracy’s gone quiet. She’s removed all traces of her involvement. But I have reason to believe she’s still communicating with Helen... through an encrypted channel."
James closed the folder and walked slowly to his desk. His movements were deliberate, filled with the confidence of someone who had faced betrayal before and emerged stronger.
"Then it’s time we end this," he said. "Not with anger. Not with revenge. But with undeniable, irreversible justice."
He looked up at Charles and Rita. "I want full surveillance on Wellington. Legal is to prepare a formal complaint if they attempt to interfere with any JP enterprise contract. And I want every associate of Mark and Helen cross-checked. If there’s even a whisper of conspiracy, I want it recorded."
Charles nodded. "Consider it done. We’ll strike with precision."
As they left the room to carry out their tasks, James sat behind his desk, momentarily still. His mind drifted to the days when he had nothing, no name, no wealth, no influence. How far he had come. And yet, how familiar the shadows still felt.
Later that evening, as the city lights glowed brighter, a new headline took over the news:
“JP Enterprises President Set to Announce Major Expansion, Exclusive Projects to Redefine the City’s Economic Landscape.”
It wasn’t about the slander anymore. It wasn’t about revenge. It was about legacy.
The silence in Mark’s penthouse was nearly deafening. Once a space of elite grandeur and sophisticated indulgence, it now felt hollow like the echo of a reputation lost. Mark sat slouched on his couch, the flickering television casting shadows across his unshaven face. He clenched a glass of scotch, half-empty, its contents trembling ever so slightly with each beat of his agitated heart.
The news was relentless. Story after story painted him in a less-than-flattering light. What had once been a carefully crafted image of charm and corporate poise had been shredded by public disgrace. And now, the city wasn’t just ignoring him, they were laughing at him.
“This can’t be it,” he muttered under his breath, his voice raspy. “It can’t end like this.”
Just then, Helen burst into the room. Her heels clicked loudly on the marble floor, a sharp contrast to the dull haze Mark had wrapped himself in. She threw a tabloid magazine onto the coffee table. The headline screamed at them:
“Ray Empire Architect of Scandal: Helen Ray and Ex-Exec Mark Linked to Fraud, Defamation and Bribery.”
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@ 57d1a264:69f1fee1
2025-05-14 09:48:43Just another Ecash nutsnote design is a ew template for brrr.gandlaf.com cashu tocken printing machine and honoring Ecash ideator David Lee Chaum. Despite the turn the initial project took, we would not have Ecash today without his pioneering approach in cryptography and privacy-preserving technologies.
A simple KISS (Keep It Super Simple) Ecash nutsnote delivered as SVG, nothing fancy, designed in PenPot, an open source design tool, for slides, presentations, mockups and interactive prototypes.
Here Just another Nutsnote's current state, together with some snapshots along the process. Your feedback is more than welcome.
https://design.penpot.app/#/view?file-id=749aaa04-8836-81c6-8006-0b29916ec156&page-id=749aaa04-8836-81c6-8006-0b29916ec157§ion=interactions&index=0&share-id=addba4d5-28a4-8022-8006-2ecc4316ebb2
originally posted at https://stacker.news/items/979728
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@ 3b7fc823:e194354f
2025-03-23 03:54:16A 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/
- Download Tor Browser
First, if you don't already, go download Tor Browser. You are going to need it. https://www.torproject.org/
- 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.
- 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.
- 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.
- 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).
- 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).
-
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.
-
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
- 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.
- 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.
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@ 9ca447d2:fbf5a36d
2025-05-23 06:01:38Tokyo-listed investment firm Metaplanet has officially surpassed El Salvador in bitcoin holdings after its biggest-ever single purchase of the scarce digital asset.
On May 12, 2025, the company announced it had bought 1,241 Bitcoin (BTC) for approximately $123.8 million, or ¥18.4 billion. The average price per coin was about $102,111, marking the firm’s largest purchase to date.
This latest buy brings Metaplanet’s total bitcoin reserves to 6,796 BTC, worth over $700 million.
Metaplanet on X
That puts Metaplanet ahead of El Salvador, the Central American nation that made headlines in 2021 for adopting bitcoin as legal tender. According to its National Bitcoin Office, El Salvador currently holds 6,174 BTC, worth roughly $642 million.
El Salvador bitcoin holdings — bitcoin.gob.sv
“Metaplanet now holds more bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” said CEO Simon Gerovich on X after the company’s announcement.
The Japanese investment company started its bitcoin treasury strategy in April 2024 and has become the largest corporate holder of bitcoin in Asia and 11th globally. It aims to hold 10,000 BTC by the end of 2025.
Metaplanet is now the 11th largest corporate holder of bitcoin — BitcoinTreasuries
To fund these purchases, the firm has turned to bond issuances, including zero-percent bonds. In early May, Metaplanet issued $25 million worth of 0% bonds under its EVO FUND program to finance bitcoin buys without diluting shares or taking on traditional debt.
And Metaplanet’s strategy seems to be working. Its BTC Yield — a proprietary metric that measures bitcoin accumulation per share — is 38% for Q2 2025 so far. In previous quarters, the firm reported 95.6% in Q1 and a whopping 309.8% in Q4 2024.
The stock price has also gone up 1,800% since May 2024 and 51% in 2025 alone, currently trading above 550 JPY.
Metaplanet is often called “Japan’s MicroStrategy”, a reference to the U.S.-based company Strategy (formerly MicroStrategy) led by Bitcoin advocate Michael Saylor. Strategy is the world’s largest corporate bitcoin holder with over 568,840 BTC in its coffers, worth more than $58 billion.
Like Strategy, Metaplanet is using creative financing tools such as convertible bonds and non-dilutive bond issuance to build a big bitcoin treasury. These financial instruments give the company the ability to fund further bitcoin purchases without diluting shareholders’ value.
Metaplanet is buying bitcoin very rapidly. This has become a trend in the corporate world, where private companies are challenging nation-states in the digital asset space.
Unlike governments which face regulatory and political hurdles, corporations like Metaplanet can move quickly and decisively. Since 2020 over 80 publicly traded companies have collectively bought more than 632,000 BTC worth over $65 billion.
This is a fundamental shift in how companies manage their treasuries — moving away from cash or bonds and towards the digital scarcity that bitcoin presents.
This creates a new form of financial power where corporations can hold a significant portion of a finite asset, unlike fiat currencies which governments can print to infinity.
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@ 5c8a5765:4fc5edee
2025-03-22 18:38:23[Читать в IPFS]
Итак, детки-котлетки, сегодня мы поговорим, как ~~не~~правильно распространять агиацию. Возьмите свои любимые антифашистские стикеры и используйте этот текст как инструкцию к ним — иначе у меня голова лопнет от того, что я вижу на улицах.
Агитация
Для начала определитесь, чем вы занимаетесь: агитируете к чему-то или поддерживаете чего-то, потому что это предполагает совершенно разные подходы. Агитацией может быть призыв к анархизму, классовой борьбе, неуплате налогов, гендерному равенству и т.д. Поддержкой может быть поддержка анархической борьбы, антифашистский идей и т.д. Первое — "вербует"/приманивает новых людей к идее, второе поддерживает только тех, кто уже знаком с идеей и уже с ней согласен.
Как должна выглядеть агитация? Представьте, что некий неонацист решил за-агитировать вас в неонацизм (с учетом, что сейчас вы его не поддерживаете): в каком случае у него больше всего на это шансов? Если вы заметите на мусорном баке наклейку "бей жыдоф"? Или если вам, например, выдадут в руки грамотный агитационный текст? Поставьте себя на место читающего: агитация должна выглядеть именно так, как мог бы выглядеть материал, который хоть немного мог бы поменять ваши текущие взгляды. А именно...
1. Агитация доступна
Она не висит на задней стороне мусорки. Она не нарисована на заброшке. Обыватель не рассматривает мусорки и не ходит по заброшкам. Чтобы масса увидела вашу агитацию, она должна висеть в заметном месте.
Ещё лучше, если она висит там, где человек по внешним причинам на мгновение задерживается, и имеет время проглядеть вашу агитацию: ибо обыватель никогда не остановится у столба посреди длинной тропы, чтобы прочесть стикер.
И учтите: если место, которое вы выбрали, уже забито стикерами, вашему придётся делить привлеченное внимание с каждым остальным.
К доступности стоит также отнести то, что агитация более значительна, если она написана на самом популярном в вашей стране языке, развешивается в разных локациях (чтобы люди разного класса могли её увидеть), если вы развешиваете в туалетах — то туалетах разного гендера (и не забывайте про инвалидные кабинки!), так далее.
Лучшие места для стикеров: лифт, автобусная остановка, метро, поручен эскалатора, внешняя сторона дверцы туалета, чистое (не разрисованное или расклеенное) зеркало.
Лучшие места для крупных агитационных листов или графитти: указанные выше, а также — заметные места подъездов,
Лучшие места для "визиток"*: оставлять под задницей на выходе из автобуса, метро, маршрутки, на стульях, скамейках и т.д.
*"Визитка" — это са-а-амый простой метод агитации: выводите нужный текст или картинки мелкими блоками на листе А4, нарезаете бумагу на кусочки "визиток" с небольшим текстом, картинкой или ссылкой, и оставляете где попало.
2. Агитация запоминается
Если вы не неонацист, какие эмоции в вас побуждает "бей жыдоф"? Вы возжелали стать неонацистом? Или это только укрепило ваши антифашистские взгляды? Или это для вас вообще никак не прозвучало?
Также для ваших противников и обывателей звучат ваши "ешь богатых!", "классовая борьба сегодня!!", "доёш онархию!!!". Это — поддержка. Уже-анархисты будут рады увидеть, что в городе есть левые активисты кроме них самих. Но это никого не переубедит и не привлечет.
А агитация привлекает. Агитация задаёт острые вопросы, которые остаются в голове. Агитация манит предложениями нового. Агитация нестереотипно предлагает.
Примеры хорошей агитации:
"Если большинство проголосует за то, чтобы ты спрыгнул(а) с вмоста, ты бы сделал(а) это? / - Может быть — если это было честным голосованием!"
"Этот телефон прослушивается - согласно законодательству США, телефонные разговоры прослушиваются без ордера или уведомленияю"
"Вы под наблюдением — текст, объясняющий тезис, и ссылка, где можно прочесть об этом подробнее."
Примеры никудышной агитации (но хорошей поддержки):
3. Агитация даёт возможность изучить больше
Хорошее правило для любой агитации: иметь ссылку на сайт, где можно найти больше информации о том, к чему агитируется. Это не обязательное, но рекомендуемое правило, ибо мало толку от человека, согласившегося с идеей анархизма и захотевшего (редчайший случай!) самостоятельно изучить больше, но не имевшего к этому простой возможности и забывшего вследствие обо всей идее.
Поддержка
А вот поддержка — ориентированная на тех, кто уже знает и уже поддерживает то, что вы любите — может быть совершенно любой. Поддержать антифашистов своего города, позлить фашистов и остаться совершенно незамеченными для обывателя — самое место для диалектики "бей жыдоф!" и "доёш онтифошизм!!".
Напоминание о безопасности
Несколько базовых напоминаний о том, что нужно помнить во время агитации:
- ОСТЕРЕГАЙТЕСЬ КАМЕР! Особенно в России! Метро, маршрутки, автобусы, учебные заведения полны ими!
- Если вас заметили гестаповцы, лучшее, что вы можете сделать — это бежать, что есть мочи.
- Шифруйте материалы, которые храните для распечаток.
- Не распечатывайте стикеры/"визитки" в публичных местах (вроде библиотек).
Спасибо за прочтение!
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@ 57d1a264:69f1fee1
2025-05-14 06:48:45Has the architect Greg Chasen considered it when rebuilding the house just one year before the catastrophe? Apparently not! Another of his projects was featured on the Value of Architecture as properties with design integrity.
This is a super interesting subject. The historic character, livability, and modern disaster-resistance is a triangle where you often have to pick just one or two, which leads to some tough decisions that have major impacts on families and communities. Like one of the things he mentions is that the architect completely eliminated plants from the property. That's great for fire resistance, but not so great for other things if the entire town decides to go the same route (which he does bring up later in the video). I don't think there's any objectively right answer, but definitely lots of good (and important) discussion points to be had.
https://www.youtube.com/watch?v=cbl_1qfsFXk
originally posted at https://stacker.news/items/979653
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@ cae03c48:2a7d6671
2025-05-23 12:00:48Bitcoin Magazine
Nigel Farage To Speak At Bitcoin 2025 ConferenceWe are pleased to announce that Nigel Farage will join the speaker lineup at the Bitcoin Conference 2025 in Las Vegas. A defining figure in modern European politics, Farage led the Brexit movement that took the United Kingdom out of the EU, reshaping global conversations around national sovereignty. He is the founder and current leader of Reform UK, a rising political force now polling competitively, positioning him as a serious contender for to be the next UK Prime Minister.
A former Member of the European Parliament for over 20 years, Farage built his reputation challenging supranational institutions and unelected power—values that resonate deeply with the Bitcoin community. He also hosts GB News, where he critiques monetary policy, CBDCs, and digital surveillance. An outspoken advocate for financial sovereignty and free speech, Farage previously appeared at Bitcoin Amsterdam 2023 in a conversation with Peter McCormack. In 2025, he returns for a fireside with Bitcoin Magazine’s Frank Corva, whose sharp political interviews are helping shape Bitcoin’s place in global affairs.
About Bitcoin 2025
The excitement is building as the world’s largest Bitcoin conference approaches, Bitcoin 2025. Set to take place in Las Vegas from May 27-29, this premier event is anticipated to draw Bitcoin enthusiasts, industry leaders, and innovators from all over the globe.
Be part of the revolution! Come experience the cultural movement that’s the Bitcoin Conference – a landmark event with wealth of opportunities for networking and learning. In 2025, Bitcoin takes over Las Vegas, uniting builders, leaders, and believers in the world’s most resilient monetary network.
New in 2025: Code & Country launches on Industry Day, bringing together policymakers, technologists, and industry leaders for a full day of focused collaboration.
The aim: strengthen Bitcoin’s role in national strategy, regulatory clarity, and technological sovereignty. This marks a new era where Bitcoin’s protocol and geopolitical potential intersect more directly than ever before.
Highlights Include
- Keynote Speakers: Renowned experts and visionaries will share their insights and predictions for the future of digital currency.
- Workshops and Panels: Attendees can participate in hands-on workshops and panel discussions covering a wide array of topics, from technical details to practical applications in various industries.
- Exhibition Hall: The exhibition will showcase art, cutting-edge products and services from top companies in the bitcoin ecosystem.
- Networking Opportunities: With thousands of attendees expected, Bitcoin 2025 offers unparalleled opportunities for networking with peers, potential partners, and thought leaders.
Keynote Speakers
The conference is set to feature an impressive lineup of speakers, including leading Bitcoin developers, experts, as well as influential figures from the financial sector. Topics range from the latest advancements to regulatory updates and investment strategies.
- JD Vance, Vice President Vance will become the first sitting vice president in the history of the United States to publicly voice his support for Bitcoin as he addresses the audience in Las Vegas.
- Ross Ulbricht, Freedom Advocate – Founder of the Silk Road marketplace, recently released by President Donald Trump from serving a double life sentence. His story has become emblematic of the clash between personal liberty, Bitcoin, and the state.
- Eric Trump & Donald Trump Jr, Both figures bring a bold voice to the conversation around Capitalism, Bitcoin, freedom, and economic sovereignty.
- Cameron & Tyler Winklevoss, Co-Founders of Gemini – Early Bitcoin adopters and founders of the regulated exchange Gemini.
- David Sacks, White House AI & Crypto Czar – Former PayPal COO and venture capitalist, now serving as the White House’s senior advisor on AI and cryptocurrency policy, leading national efforts on stablecoin legislation and digital asset strategy.
- Bryan Johnson, Founder of Project Blueprint – Tech entrepreneur and longevity researcher known for reversing his biological age and challenging fiat-era assumptions about health, time, and human potential.
Past Conferences in the USA
– 2021 Miami: Where President Nayib Bukele revealed plans for El Salvador to adopt Bitcoin as legal tender, making history live on stage. Attendance: 11,000
– 2022 Miami: Where Michael Saylor delivered a landmark address on corporate Bitcoin strategy and announced additional MicroStrategy purchases. Attendance: 26,000
– 2023 Miami: Where Secretary Robert F. Kennedy Jr. became the first U.S. presidential candidate to speak at a Bitcoin conference, addressing financial freedom and civil liberties. Attendance: 15,000
– 2024 Nashville: Highlights include President Donald J. Trump’s appearance, where he voiced support for Bitcoin mining and national monetary sovereignty. Attendance: 22,000Join Us in Las Vegas
- Date: May 27-29, 2025
- Venue: The Venetian, Las Vegas, NV, USA
- Tickets: https://b.tc/conference/2025
- Get a free General Admission ticket when you deposit $200 on eToro – while supplies last!
This post Nigel Farage To Speak At Bitcoin 2025 Conference first appeared on Bitcoin Magazine and is written by Conor Mulcahy.
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@ 57d1a264:69f1fee1
2025-05-14 06:12:19We asked members of the design community to choose an artifact that embodies craft—something that speaks to their understanding of what it means to make with intention. Here’s what they shared.
A vintage puzzle box, a perfectly tuned guitar, an AI-powered poetry camera. A daiquiri mixed with precision. A spreadsheet that still haunts muscle memory. Each artifact tells a story: not just about the thing itself, but about the choices of the creator behind it. What to refine, what to leave raw. When to push forward, when to let go. Whether built to last for generations or designed to delight in a fleeting moment, the common thread is that great craft doesn’t happen by accident. It’s made.
On the application of craft
Even the most experienced makers can benefit from building structure and intention into their practice. From sharpening your storytelling to designing quality products, these pieces offer practical ways to uplevel your craft.
Read more at https://www.figma.com/blog/craft-artifacts/
originally posted at https://stacker.news/items/979644
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@ 58537364:705b4b85
2025-05-23 05:46:31“สุขเวทนา” ที่แท้ก็คือ “มายา”
เป็นเหมือนลูกคลื่นลูกหนึ่ง
ที่เกิดขึ้นเพราะน้ำถูกลมพัด
เดี๋ยวมันก็แตกกระจายไป
หากต้องการจะมีชีวิตอย่างเกษมแล้ว
ก็ต้องอาศัยความรู้เรื่อง อนิจจัง ทุกขัง อนัตตา ให้สมบูรณ์
มันจะต่อต้านกันได้กับอารมณ์ คือ รูป เสียง กลิ่น รส สัมผัส ที่มากระทบ
ไม่ให้ไปหลงรัก หรือหลงเกลียดเรื่องวุ่นวายมีอยู่ ๒ อย่างเท่านั้น
- ไปหลงรัก อย่างหนึ่ง
- ไปหลงเกลียด อย่างหนึ่ง
ซึ่งเป็นเหตุให้หัวเราะและต้องร้องไห้
ถ้าใครมองเห็นว่า หัวเราะก็กระหืดกระหอบ มันเหนื่อยเหมือนกัน
ร้องไห้ก็กระหืดกระหอบ เหมือนกัน
สู้อยู่เฉย ๆ ดีกว่า อย่าต้องหัวเราะ อย่าต้องร้องไห้
นี่แหละ! มันเป็นความเกษมเราอย่าได้ตกไปเป็นทาสของอารมณ์
จนไปหัวเราะหรือร้องไห้ตามที่อารมณ์มายั่ว
เราเป็นอิสระแก่ตัว หยุดอยู่ หรือเกษมอยู่อย่างนี้ดีกว่า
ใช้ อนิจจัง ทุกขัง อนัตตา เป็นเครื่องมือกำกับชีวิต
- รูป เสียง กลิ่น รส สัมผัส เป็น มายา เป็น illusion
- "ตัวกู-ของกู" ก็เป็น illusion
- เพราะ "ตัวกู-ของกู" มันเกิดมาจากอารมณ์
- "ตัวกู-ของกู" เป็นมายา อารมณ์ทั้งหลายก็เป็นมายา
เห็นได้ด้วยหลัก อนิจจัง ทุกขัง อนัตตา
...ความทุกข์ก็ไม่เกิด
เราจะตัดลัดมองไปดูสิ่งที่เป็น “สุขเวทนา”
สุขเวทนา คือ ความสุขสนุกสนาน เอร็ดอร่อย
ที่เป็นสุขนั้นเรียกว่า “สุขเวทนา”แต่สุขเวทนา เป็นมายา
เพราะมันเป็นเหมือนลูกคลื่นที่เกิดขึ้นเป็นคราว ๆ
ไม่ใช่ตัวจริงอะไรที่พูดดังนี้ก็เพราะว่า
ในบรรดาสิ่งทั้งปวงในโลกทั้งหมดทุกโลก
ไม่ว่าโลกไหน มันมีค่าอยู่ก็ตรงที่ให้เกิดสุขเวทนาลองคิดดูให้ดีว่า...
- ท่านศึกษาเล่าเรียนทำไม?
- ท่านประกอบอาชีพ หน้าที่การงานทำไม?
- ท่านสะสมทรัพย์สมบัติ เกียรติยศ ชื่อเสียง พวกพ้องบริวารทำไม?มันก็เพื่อสุขเวทนาอย่างเดียว
เพราะฉะนั้น แปลว่า อะไร ๆ มันก็มารวมจุดอยู่ที่สุขเวทนาหมดฉะนั้น ถ้าเรามีความรู้ในเรื่องนี้
จัดการกับเรื่องนี้ให้ถูกต้องเพียงเรื่องเดียวเท่านั้น
ทุกเรื่องมันถูกหมดเพราะฉะนั้น จึงต้องดูสุขเวทนาให้ถูกต้องตามที่เป็นจริงว่า
มันก็เป็น “มายา” ชนิดหนึ่งเราจะต้องจัดการให้สมกันกับที่มันเป็นมายา
ไม่ใช่ว่า จะต้องไปตั้งข้อรังเกียจ เกลียดชังมัน
อย่างนั้นมันยิ่ง บ้าบอที่สุดถ้าเข้าไปหลงรัก หลงเป็นทาสมัน
ก็เป็นเรื่อง บ้าบอที่สุดแต่ว่าไปจัดการกับมันอย่างไรให้ถูกต้อง
นั้นแหละเป็นธรรมะ
เป็น ลูกศิษย์ของพระพุทธเจ้า
ที่จะเอาชนะความทุกข์ได้ และไม่ต้องเป็น โรคทางวิญญาณ
สุขเวทนา ที่แท้ก็คือ มายา
มันก็ต้องทำโดยวิธีที่พิจารณาให้เห็นว่า
“สุขเวทนา” นี้ ที่แท้ก็คือ “มายา”เป็นเหมือน ลูกคลื่นลูกหนึ่ง
ที่เกิดขึ้นเพราะ น้ำถูกลมพัดหมายความว่า
เมื่อ รูป เสียง กลิ่น รส ฯ เข้ามา
แล้ว ความโง่ คือ อวิชชา โมหะ ออกรับ
กระทบกันแล้วเป็นคลื่นกล่าวคือ สุขเวทนาเกิดขึ้นมา
แต่ เดี๋ยวมันก็แตกกระจายไป
ถ้ามองเห็นอย่างนี้แล้ว
เราก็ไม่เป็นทาสของสุขเวทนา
เราสามารถ ควบคุม จะจัด จะทำกับมันได้
ในวิธีที่ ไม่เป็นทุกข์- ตัวเองก็ไม่เป็นทุกข์
- ครอบครัวก็ไม่เป็นทุกข์
- เพื่อนบ้านก็ไม่เป็นทุกข์
- คนทั้งโลกก็ไม่พลอยเป็นทุกข์
เพราะมีเราเป็นมูลเหตุ
ถ้าทุกคนเป็นอย่างนี้
โลกนี้ก็มีสันติภาพถาวร
เป็นความสุขที่แท้จริงและถาวรนี่คือ อานิสงส์ของการหายโรคโดยวิธีต่าง ๆ กัน
ไม่เป็นโรค “ตัวกู” ไม่เป็นโรค “ของกู”
พุทธทาสภิกขุ
ที่มา : คำบรรยายชุด “แก่นพุทธศาสน์”
ปีพุทธศักราช ๒๕๐๔
ครั้งที่ ๑
หัวข้อเรื่อง “ใจความทั้งหมดของพระพุทธศาสนา”
ณ ศิริราชพยาบาล มหาวิทยาลัยมหิดล
เมื่อวันที่ ๑๗ ธันวาคม ๒๕๐๔ -
@ 3b7fc823:e194354f
2025-02-13 02:25:42site:example.com intitle:"index of" inurl:admin intext:"password"
site:example.com site:.gov site:.edu site:*.mil
inurl:login inurl:admin inurl:dashboard inurl:portal intitle:"admin login"
intitle:"index of /" intitle:"index of" "parent directory" intitle:"index of" "backup"
filetype:pdf "confidential" filetype:xls "username | password" filetype:doc "top secret" filetype:sql "database"
intext:"username" intext:"password" intext:"login" intext:"password" filetype:txt "passwords"
inurl:"viewerframe?mode=" inurl:"/view.shtml" inurl:"/view/index.shtml"
intitle:"index of" "wp-config.php" inurl:".git"
filetype:xls intext:"email" filetype:csv intext:"email"
inurl:"/setup.cgi?next_file=netgear.cfg" inurl:"/wificonf.html"
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@ 57d1a264:69f1fee1
2025-05-14 05:56:15Shanghai: Bus Stops Here
A new crowd-sourced transit platform allows riders to propose, vote on, and activate new bus lines in as little as three days.
From early-morning school drop-offs to seniors booking rides to the hospital, from suburban commuters seeking a faster link to the metro to families visiting ancestral graves, Shanghai is rolling out a new kind of public bus — one that’s designed by commuters, and launched only when enough riders request it.
Branded “DZ” for dingzhi, or “customized,” the system invites residents to submit proposed routes through a city-run platform. Others with similar travel needs can opt in or vote, and if demand meets the threshold — typically 15 to 20 passengers per trip — the route goes live.
More than 220 DZ routes have already launched across all 16 city districts. Through an online platform opened May 8, users enter start and end points, preferred times, and trip frequency. If approved, routes can begin running in as little as three days.
Continue reading at https://www.sixthtone.com/news/1017072
originally posted at https://stacker.news/items/979637
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@ 0e9491aa:ef2adadf
2025-05-23 05:01:30Will not live in a pod.
Will not eat the bugs.
Will not get the chip.
Will not get a blue check.
Will not use CBDCs.Live Free or Die.
Why did Elon buy twitter for $44 Billion? What value does he see in it besides the greater influence that undoubtedly comes with controlling one of the largest social platforms in the world? We do not need to speculate - he made his intentions incredibly clear in his first meeting with twitter employees after his takeover - WeChat of the West.
To those that do not appreciate freedom, the value prop is clear - WeChat is incredibly powerful and successful in China.
To those that do appreciate freedom, the concern is clear - WeChat has essentially become required to live in China, has surveillance and censorship integrated at its core, and if you are banned from the app your entire livelihood is at risk. Employment, housing, payments, travel, communication, and more become extremely difficult if WeChat censors determine you have acted out of line.
The blue check is the first step in Elon's plan to bring the chinese social credit score system to the west. Users who verify their identity are rewarded with more reach and better tools than those that do not. Verified users are the main product of Elon's twitter - an extensive database of individuals and complete control of the tools he will slowly get them to rely on - it is easier to monetize cattle than free men.
If you cannot resist the temptation of the blue check in its current form you have already lost - what comes next will be much darker. If you realize the need to resist - freedom tech provides us options.
If you found this post helpful support my work with bitcoin.
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@ 8bad92c3:ca714aa5
2025-05-23 05:01:16Key Takeaways
Lyn Alden unpacks the complex interplay of global trade imbalances, the dollar’s entrenched reserve currency status, and America’s eroded industrial base, arguing that aggressive tariffs under Trump have backfired by hurting U.S. businesses without reversing decades of offshoring. She illustrates how China has rapidly ascended the value chain, dominating key industries and making it nearly impossible for the U.S. to build a trade coalition against them. Despite the U.S.’s massive debt and persistent global demand for dollars, cracks are forming in the system as nations explore alternative payment systems and neutral reserve assets like gold and Bitcoin. Lyn emphasizes that Bitcoin’s most effective path to integration is through grassroots and corporate adoption, not government-led initiatives, and warns that unless the U.S. urgently scales its energy and industrial capacity, it risks falling further behind China’s unmatched pace of growth and infrastructure dominance.
Best Quotes
- "The trade deficit is often described as us sending out pieces of paper and getting goods and services, which sounds like a really good deal."
- "It's better to correct these imbalances from a position of strength, not weakness."
- "All that debt creates inflexible demand for dollars. There’s literally way more demand than dollars in the system."
- "China became the largest auto exporter in the world in just four years."
- "Bitcoin isn’t changing to fit into the global financial system. The global financial system is changing to fit Bitcoin."
- "Individuals, small businesses, corporations—these are the real drivers of Bitcoin adoption. Not governments."
Conclusion
This episode offers a sobering look at America’s trade and currency dilemmas, with Lyn Alden explaining why quick policy fixes like tariffs can’t reverse decades of deindustrialization tied to the dollar’s reserve status. She highlights the rise of neutral reserve assets like gold and Bitcoin as important hedges, stressing that grassroots and corporate adoption will be more effective than government-led efforts. Lyn also warns that without a major push to expand energy production, the U.S. risks falling behind in an AI-driven, hardware-centric world, urging strategic humility and innovation to navigate the shifting global order.
Timestamps
0:00 - Intro
0:31 - Triffin's dilemma
8:10 - Debt leverage
11:04 - Fold & Bitkey
12:41 - Trump's goals and tariff policy
19:54 - Unchained
20:24 - China is not weak
30:07 - Energy
37:15 - AI/robots
41:11 - SBR
48:47 - Bitcoin credit products
52:40 - Eventful week for bitcoinTranscript
(00:00) They ramped up tariffs super high, super quickly. In many cases, were so high that they hurt us as much as some of our trade adversaries. China has ramped up to like unfathomable degrees. Nuclear, solar, pretty much everything that they can throw money at they're building. The trade is often described as us sending out pieces of paper and getting goods and services, which sounds like a really good deal.
(00:19) They take those slips of paper and then they buy our stocks. They buy our corporate bonds and government bonds. And so they end up owning a larger and larger share of corporate America. got the headphone hair. I'm all out of whack, Lynn. It's been a long week here in Austin. Yeah, I can imagine. It's been a long time since we've talked on the show. It's been two years.
(00:41) I was checking, which is a astonishing to me. But no better time than now. Uh I think quite literally based off of all the conversations we've had uh over the years. I mean, your famous saying, nothing stops this train. I think we're coming to a juncture where that's becoming abundantly clear. and you wrote uh a newsletter earlier this week, I believe you sent it out Sunday, that basically highlighted the crux of the problem, which is the dollar reserve status and the almost impossible task that Trump would like to accomplish, but
(01:21) likely isn't the case, which is sort of solving Triffin's dilemma of reshoring manufacturing while keeping US dollar dominance. So I think diving into this from first principles would be great. Sure. Yeah. And that's that's the um I can imagine the administration's challenge of trying to communicate this because uh the intricacies of how trade deficits and the reserve currency kind of pair together is very wonkish.
(01:46) It it kind of has this like academic quality to it that doesn't go over well uh in kind of political oriented speeches. Um like I would I would be terrible at a political rally for example when I try to explain any of this. Um and so we kind of have this situation where um and this was outlined back during the Breton Wood system by Triffin as you mentioned uh which is that having the reserve currency does come with a bunch of benefits um you know historically called a extraordin uh exorbitant privilege um but then it has certain costs to
(02:15) maintain it and those costs can vary a bit depending on how the system structure. So for example back in the Bretton Woods era the cost was that we kept draining our gold reserves. uh we basically had to kind of keep paying out our go gold gold reserves to maintain that part of the system and in the current formation uh instead we kind of pay for it with our industrial base.
(02:36) We keep kind of sending out little parts of our industrial base over time to maintain the the global reserve currency status. And there's a few reasons for that. One is that um because unlike every other fiat currency, the dollar has all these extra demands for it by countries all around the world. um all these different purposes.
(02:55) um there's this extra demand for dollars which sounds good on the surface and as for Americans for example we have tons of import power when we go on vacations to the rest of the world it's you know we have pretty strong purchasing power compared to when they come to the US um these things seem good on the surface but it also means that it's pretty expensive to manufacture lower margin things here at home uh and so we have this kind of situation where our imports are very strong our exports uh especially lower margin stuff is less uh
(03:22) competitive whereas we can still be competitive competitive on really high margin stuff, you know, technology, finance, healthcare, that kind of thing. Um, and then the other aspect is that even if you could somehow solve that, there's the more fundamental problem, which is that the whole world needs dollars uh for the you know, global reserve currency status to use it for international contract pricing, crossber financing, one side of every trade pair that they do, all these different purposes as a reserve asset. Um uh and
(03:51) when you step back and say, "Well, how do they get all those dollars if they're all using dollars? How did all those dollars get out there?" And the answer is trade deficits. Um basically that overvalued aspect forces open the US trade deficit. And every year we send out hundreds of billions or sometimes a trillion dollars in net outflows.
(04:10) And over years and decades, these have accumulated out there. And so, uh, kind of the way it works is that if you want to fix the trade deficit, which I've been I've been writing about since 2019, I think that's a I think that's a valid mandate to do. Um, unfortunately does come with trade-offs.
(04:26) Uh, some of the some of the benefits that that you know that we enjoy at the cost of the trade deficit. Um, if you do want to kind of fix that imbalance, it comes up, you know, with with basically giving away at least some of those benefits and prioritizing that that industrial base a bit more. And one of the dynamics that you highlighted in your newsletter, which makes sense, but wasn't very clear to me before, is that via these deficits, we flood international markets with dollars because we're sending parts of our industrial base over there. But then
(05:00) it's like cyclical. They take those dollars and then reinvest them in US financial assets. So it has this sort of flow where it goes out but then it comes back in into the financialized economy via equities and real estate and other such assets and that is good for asset owners here in the United States.
(05:19) But again I think that's is part of the bag of mandate is that sort of cycle has led to this large wealth gap in the United States that they're trying to fix. Yeah. Exactly. Um and so basically the opposite side of a current account deficit which is basically so the trade deficit plus things like interest and dividends.
(05:39) Um so we run a structural current account deficit and the opposite side of that is a capital account surplus. Um which is that funds flow in the rest of the world and buy our financial assets. Uh and so it's the the trade deficit is often described as us sending out pieces of paper and getting goods and services which sounds like a really good deal.
(05:57) Um but then the extra step of that that you mentioned is that they take those slips of paper or really those electronic digits that they have and then they buy our stocks, they buy our real estate, they buy our private equity, they they buy our corporate bonds and government bonds and so they end up owning a larger and larger share of corporate America as part of their kind of accumulated uh trade surpluses uh and reserve assets and uh international private assets.
(06:22) Um, and the kind of the consequence of this, if you kind of like view the foreign sector as an intermediary, we're basically constantly kind of taking economic vibrancy out of, you know, Michigan and Ohio and, uh, you know, rural Pennsylvania where the steel m -
@ 3b7fc823:e194354f
2025-02-12 23:13:57Staying Digitally Safe in Airports: A Comprehensive Guide
Airports are hubs of activity, but they’re also places where your digital security can be at risk. From public Wi-Fi to potential device thefts, staying safe while traveling can feel overwhelming. However, with the right knowledge and precautions, you can protect yourself and enjoy your journey stress-free. Let’s dive into how to stay digitally safe in airports while traveling.
Understanding the Risks
- Public Wi-Fi Vulnerabilities:
- Airports often offer free Wi-Fi, but these networks can be unsecured or insecure. Hackers may use these networks to intercept sensitive data.
-
Avoid using public Wi-Fi for personal banking, shopping, or handling sensitive information.
-
Device Theft:
-
High-traffic areas like security checkpoints, gates, and lounges are hotspots for device thefts. Always keep your devices in secure locations, such as carry-on bags or locked briefcases.
-
Malware and Phishing Attacks:
-
Some airports may have phishing attempts or malware distributed via pop-ups, email, or malicious websites.
-
Physical Surveillance:
- In some cases, law enforcement or security personnel may monitor your activities. Always be mindful of your surroundings to avoid unintended data exposure.
Best Practices for Staying Digitally Safe in Airports
- Use a VPN for Extra Security:
- Even secure airport Wi-Fi can expose your data if not encrypted. Use a reputable Virtual Private Network (VPN) to encrypt your internet traffic and protect your privacy.
-
Always ensure your VPN is active when using public Wi-Fi.
-
Minimize Sensitive Data on Public Devices:
-
Avoid carrying devices with sensitive information like passwords, credit card details, or personal identification numbers (PIIs).
-
Encrypt Your Data:
-
Enable encryption for all your devices to protect data stored locally or in the cloud. Ensure your operating system and apps are updated with the latest security patches.
-
Secure Your Devices:
- Use cable locks or secure cases to lock down laptops, tablets, and smartphones when not in use.
-
Remove screensavers that display your device passcode to prevent unauthorized access.
-
Keep Antivirus Software Updated:
-
Install and maintain up-to-date antivirus software on all devices. This helps detect and remove malicious software (malware) that may be installed through compromised networks or phishing attempts.
-
Avoid Plugging Into Public USB charging stations:
-
Refrain from using public USB ports or charging stations unless you know they’re secure. Malware can spread via these points.
-
Use Caution With Lost and Found:
-
If you find a device or drop one accidentally, avoid using lost and found kiosks to pick it up. Instead, contact airport security for assistance in safely retrieving your property without exposing it to potential thieves.
-
Stay Alert to Security Alerts:
-
Pay attention to announcements over the airport’s PA system regarding suspicious activity or security alerts. Follow any instructions provided by airport staff.
-
Monitor Your Accounts Remotely:
- If you suspect something is wrong (e.g., unusual transactions on your credit card), check your financial accounts immediately upon arriving at your destination. Notify your bank of potential fraudulent activity and report it to the authorities if necessary.
Additional Tips for Airport Safety
- Use a Portable Power Bank:
-
Keep your devices charged so you don’t rely on public charging stations, which may be compromised.
-
Travel with Backup Devices:
-
Always bring an extra SIM card, USB drive, or cloud storage to backup important data. This ensures you can access critical information even if your primary device is lost or damaged.
-
Avoid Sharing Personal Information Over Earphone Rentals:
-
Refrain from using earphones rented from airport kiosks that may record or intercept your conversations. Stick to your own headphones or those provided by the airline.
-
Use Airport Lounges Wisely:
-
If you’re using an airline lounge, avoid discussing sensitive information in public areas where it could be overheard.
-
Keep Your Luggage in Sight:
-
Never leave your checked luggage unattended, as it may contain devices or documents with sensitive information.
-
Plan for Data Loss:
- Before leaving home, make a backup of all important files and photos on an external drive or cloud storage. This way, you can restore them if something goes wrong during your trip.
What to Do If Something Goes Wrong
- Report Suspected Security Incidents:
-
If you notice unusual activity on your devices or suspect a security breach, inform airport security immediately.
-
Contact Your Financial Institutions:
-
If you believe your financial information has been compromised, contact your bank or credit card provider to freeze your account and monitor for fraudulent charges.
-
File a Police Report:
-
In cases of theft or suspected unauthorized access, file a report with local authorities and provide evidence (if available).
-
Use Travel Insurance:
- Check if your travel insurance covers theft, fraud, or data breaches. Submit a claim if you’re covered.
Extra Security Measures forTech-Savvy Travelers
- Two-Factor Authentication (2FA): Enable 2FA for all your critical accounts before leaving home.
- Biometric Locks: Use biometric locks on your devices to add an extra layer of security.
- Incident Response Plan: Create a plan in advance for what to do if your devices are lost or compromised.
Final Tips
- Always prioritize secure practices, even in seemingly safe environments like airports.
- Travel light but keep your important documents and devices close at hand.
- Remember that staying digitally safe is just as important as physical safety during your travels.
By following these tips, you can enjoy your trip with peace of mind, knowing your data and devices are protected. Happy traveling!
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
82XCDNK1Js8TethhpGLFPbVyKe25DxMUePad1rUn9z7V6QdCzxHEE7varvVh1VUidUhHVSA4atNU2BTpSNJLC1BqSvDajw1
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@ dfc7c785:4c3c6174
2025-05-23 09:42:37Where do I even start? Sometimes it's best to just begin writing whatever comes into your head. What do I do for a living? It used to be easy to explain, I write JavaScript, I build front-end code, in order to build apps. I am more than that though. Over the past eight years, I moved from writing Angular, to React and then to Vue. However my background was originally in writing full-stack projects, using technologies such as .NET and PHP. The thing is - the various jobs I've had recently have pigeon-holed me as front-end developer but nowadays I am starting to feel distracted by a multitude of other interesting, pivotal technologies both in my "day job" and across my wider experience as a Technologist; a phrase I prefer to use in order to describe who I am, more gernerally.
I have used untype.app to write this today, it looks great.
More to come...
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@ 8bad92c3:ca714aa5
2025-05-23 05:01:15Key Takeaways
Dr. Jack Kruse returns in this fiery episode to expose what he alleges is a coordinated campaign by Big Pharma, technocrats, and global elites to control public health narratives and financial systems through manipulated health policies and propaganda. He accuses figures like Calli and Casey Means of fronting a compromised "Maha Movement," backed by A16Z, Big Tech, and the World Economic Forum, with ambitions to embed themselves into U.S. health policy and bioweapons programs. Kruse details his covert efforts to expose these connections, claiming they led to the withdrawal of Casey Means' Surgeon General nomination, and warns of a looming biotechnocratic surveillance state where mRNA vaccines act as bioweapons to enforce compliance. Urging Bitcoiners to expand their fight for sovereignty beyond finance into healthcare and biology, Kruse argues that the true war is over time sovereignty—not just monetary freedom—and that protecting children from vaccine harms is now the most urgent front in this escalating battle.
Best Quotes
"Bitcoin is worthless if you have no time."
"We’re not playing games here. This is to the death."
"Big Pharma is just the drug dealer. The real boss is the Department of Defense and DARPA."
"The real battle in D.C. isn’t left vs. right, it’s Rothschilds and Rockefellers vs. the technocrats."
"First principle Bitcoiners need to become first principle decentralizers of life itself."
Conclusion
This episode delivers a provocative call to action from Dr. Jack Kruse, who warns that the fight for sovereignty must go beyond finance to confront what he sees as the immediate threat of centralized bio-surveillance through mRNA vaccines. Blending insider claims with health activism, Kruse urges Bitcoiners and the public to recognize that true freedom requires decentralizing not only money but also healthcare and information systems, arguing that without protecting biological sovereignty, Bitcoin’s promise of liberty will be meaningless if people are left physically, mentally, or politically compromised.
Timestamps
0:00 - Intro
0:47 - Outlining MAHA infiltration
22:59 - Fold & Bitkey
24:35- Danger to children
28:27 - Political shell game
35:40 - Unchained
36:09 - Time theft
41:07 - Vax data
46:32 - Bioweapon and control system
58:29 - Game plan - Decentralized yourself
1:15:16 - Priorities
1:24:30 - Support Mary Talley BowdenTranscript
(00:00) me, Larry Leard, those kind of Bitcoiners, the people that are out there that have money, like they're looking to take us out. You need to know a little bit about the back history that I don't think I've talked about anywhere on any other podcast. Rick Callie is linked to the current administration is through Susie Watts.
(00:17) They both were working at Mercury PR basically is the frontman for propaganda for Big Farm. Basically, who pays you? You become their [ __ ] We're not playing games here. This is to the death. This is the biggest issue facing Maha now. It's not Froot Loops. It's not red dye. But the messenger RA job can drop you like Demar Handler.
(00:40) Can end your career like JJ Watt. Dr. Jack Cruz, welcome back to the show. Thank you, sir, for having me. Well, thank you for being here. I mean, you're making a lot of noise around a topic that I wasn't well aware of. I'm not going to lie. I think I got duped by or we'll find out if I actually got duped by the meanses. Cali means was coming in last year talking big about Maja getting the food correct.
(01:15) Um, basically telling the story of him being a lobbyist and understanding how corrupt the food system is. And we talked about it last time we were on two months ago. this sort of maha movement has shifted towards focusing on preventative care particularly in diets and you were on the Danny Danny Jones show late last year with Cali means uh sort of pressuring him to admit that the vaccine should be pulled off the market and he did not did not bite and would not budge on that and now his sister Casey has been appointed to surgeon general and
(01:50) this is something Let me let me tell you a little bit about that because you need to know a little bit about the back history that I don't think I've talked about anywhere on any other podcast. She was going to be named surgeon general uh back then. Just so you know that I knew it and I knew quite a bit of other things.
(02:16) So what was my goal? I knew um that Cali and Casey were tied to big tech. They were tied specifically, which you'll be interested in, A16Z, the shitcoiners extraordinaire, and they were also tied to the World Economic Forum through the book deal. Um, so my goal at that time as part of the person that was big in the mob like, and Marty, I don't know if you know this back part of the story.
(02:46) Maha begins not with Casey and Cali and Bobby Kennedy. It began with me, Bobby, and Rick Rubin on Rick's podcast the day that I told RFK Jr. that SV40 was in the Fiser Jabs. Mhm. And that's when Bobby found out that I wrote the law for Blly for a constitutional amendment for medical freedom. And he asked me to use four pages of the law.
(03:13) And Blly cleared me to do that. And then Aaron Siri, who was Bobby's attorney and working with a lot of the stuff that Bobby does with vaccines and I can Aaron contacted me. So just so you're clear, this is two and a half years ago. This is before this is a year previous to Casey and Cali coming on the scene. And I was always behind the scenes.
(03:37) I was not really interested in getting involved um in the [ __ ] show. But when I saw these two show up, the way they showed up and when I heard Cali actually say on a podcast that, you know, he was the modus operande of the Maha movement and he's the one that brought Bobby and Trump together.
(04:02) I said, "That's where I draw a [ __ ] line." I'm like, "Uh-uh. These guys, I know exactly what they're going to do. I see the game plan. they're going to use a shell game and I needed to have proof before you can come out and be a savage. You got to have proof. So, I hired three former Secret Service agents to actually do a very deep dive.
(04:24) We're talking about the kind of dive that you would get uh if you were going for a Supreme Court nomination. Okay? It cost me a lot of money. And why did I think it was important? Because as you know, you know, as a Bitcoiner, you just saw the big scam that happened with Maya Paribu down in Cerninam that happened after.
(04:49) Well, when I hired these guys, when all of my research that I had done was confirmed by them, I said, "Okay, now we need to go on a podcast very publicly and we need to put Cali's feet to the fire." Why? because I knew and he did not know that I knew this prior to the podcast. Uh that his sister was going to be nominated for surgeon general then.
(05:14) And because he didn't know and you you'll be able to confirm this or the savages in your audience can confirm this with Danny Jones. Do you know that Cali cancelled the podcast to do it into uh February? Yeah. Well, I think it was April of 25 because he didn't want to give anybody the time and day.
(05:37) So, what did I start doing? I started posting some of the information back in November that I found and the links to the Wjikis and the links to Bin, the links to A16Z. I didn't didn't give a ton of the information, but let's just put it this way. enough to make Callie and Cassie scream a little bit that people in DC started to read all my tweets.
(06:04) And then he called Danny up and said, "Danny, I want to do this podcast immediately." And I knew the reason why. Cuz I was baiting him to come so I could hit him with the big stuff. Why? Because you have to understand these two kids, you know, tied to the Rockefellers. They're tied to the banking elite.
(06:26) They're tied to the World Economics Form. Rick Callie is linked to the current administration is through Susie Watts. They both were working at Mercury PR and uh Mercury PR uh basically is the frontman for propaganda for Big Farm and everybody knows that, but not everybody knew that Cali worked for them.
(06:50) And you know the story that he sold all you guys, how he fooled you. And I consider you a smart guy, a savage, it's not shocking how he fooled you because he said as a um a lobbyist basically who pays you, you become their [ __ ] to to be quite honest and you'll say things that will make sense. Everybody in creation who's going to watch your podcast knows that all the things that Casey and Cali have said have been said literally for 30, 40, 50 years going all the way back to probably Anel Peas about diet and exercise.
(07:25) Everybody [ __ ] knows that. It's not new. They just decided to repackage it up and then they actually got in Bobby's ear about it. And when I released all this stuff, did Bobby know what I had? Yeah, he knew. And did the people in DC all what all their antennas up about this issue? Who was most pissed off with Uncle Jack back then? Susie [ __ ] Walls.
(07:56) Why? because those two are her babies that were going to be the amber that Susie Cassidy Cassidy Big Farmer were going to place around um Bobby Kennedy once he got confirmed. And that's why for the savages that are listening to this podcast, you go back and look at Nicole's tweet from, you know, I guess it was about four or five days ago that this didn't make sense.
(08:20) Why? because I gave the data directly to the people in DC behind the scenes of what was really going on and because it was so explosive. That's the reason Susie had to not give the job to Casey Means. She had to wait till the heat died down. So they elevated Janette and Janette bas -
@ 3b7fc823:e194354f
2025-02-12 02:20:27I fought with making this work for two days before I finally figured out that I made a simple SQL format mistake. I asked chatGPT to write a tutorial on how to do it based on what I did and the work I did with it. Sharing it in case anyone finds it useful.
Enabling Persistent Memory in Open WebUI with Ollama
This tutorial will guide you through the process of enabling persistent memory for your AI models running locally with Ollama and Open WebUI on Debian Linux. By the end of this guide, your AI will be able to remember the last 20 conversations you’ve had with it.
Prerequisites
- Debian Linux system
- Ollama installed and configured
- Open WebUI installed and running
Step 1: Setting Up the Database for Persistent Memory
We'll use SQLite to store conversation history.
1.1 Create
conversation_memory.py
Navigate to your Open WebUI backend directory and create a new file called
conversation_memory.py
.bash cd /home/your_username/Documents/open-webui-0.5.10/backend nano conversation_memory.py
Paste the following code into
conversation_memory.py
:```python import sqlite3 import os
Set DB_FILE to the absolute path of memory.db in the same directory as this script
DB_FILE = "/home/your_username/Documents/open-webui-0.5.10/backend/memory.db"
def init_db(): """Create database table if it doesn't exist""" conn = sqlite3.connect(DB_FILE) c = conn.cursor() c.execute(""" CREATE TABLE IF NOT EXISTS memory ( id INTEGER PRIMARY KEY AUTOINCREMENT, user TEXT, ai TEXT ) """) conn.commit() conn.close()
def save_conversation(user_input, ai_response): """Save a conversation entry to the database and maintain only the last 20 entries.""" try: conn = sqlite3.connect(DB_FILE) c = conn.cursor() c.execute("INSERT INTO memory (user, ai) VALUES (?, ?)", (user_input, ai_response)) c.execute(""" DELETE FROM memory WHERE id NOT IN ( SELECT id FROM memory ORDER BY id DESC LIMIT 20 ) """) conn.commit() conn.close() print(f"Successfully saved: User - {user_input}, AI - {ai_response}") except Exception as e: print(f"Error saving conversation: {e}")
def get_last_conversations(limit=5): """Retrieve the last 'limit' number of conversations""" try: conn = sqlite3.connect(DB_FILE) c = conn.cursor() c.execute("SELECT user, ai FROM memory ORDER BY id DESC LIMIT ?", (limit,)) conversations = c.fetchall() conn.close() return conversations except Exception as e: print(f"Error retrieving conversations: {e}") return []
Initialize the database when this script is run
init_db() ```
Step 2: Integrating Memory into Open WebUI Middleware
We'll modify the Open WebUI middleware to save and retrieve conversations.
2.1 Edit
middleware.py
Open the
middleware.py
file for editing:bash nano middleware.py
2.2 Import Memory Functions
At the top of the file, import the memory functions:
python from conversation_memory import save_conversation, get_last_conversations
2.3 Retrieve and Append Conversation History
Locate the function responsible for processing chat payloads. Add the following code to retrieve and append the last 20 conversations:
```python
Retrieve past conversations (e.g., last 20 messages)
conversation_history = get_last_conversations(limit=20)
Format past conversations as context
history_text = "\n".join([f"User: {conv[0]}\nAI: {conv[1]}" for conv in conversation_history])
Append conversation history to the current user message
user_message = get_last_user_message(form_data["messages"]) if history_text: combined_message = f"Previous conversation:\n{history_text}\n\nNew message:\nUser: {user_message}" else: combined_message = f"User: {user_message}"
Update the last user message with combined history
form_data["messages"][-1]["content"] = combined_message ```
2.4 Save New Conversations
Ensure that new conversations are saved after the AI generates a response. Add the following code where the AI response is handled:
```python
Extract AI response content
if isinstance(ai_response, dict) and "choices" in ai_response: ai_response_content = ai_response["choices"][0]["message"]["content"] else: ai_response_content = ""
Save the new conversation
if ai_response_content.strip(): save_conversation(user_message, ai_response_content) ```
Step 3: Testing Persistent Memory
3.1 Run the Script to Test Saving
Run
conversation_memory.py
to ensure it's saving data correctly:bash python3 /home/your_username/Documents/open-webui-0.5.10/backend/conversation_memory.py
3.2 Query the Database to Verify Data
Use SQLite to check if conversations are being saved:
bash sqlite3 /home/your_username/Documents/open-webui-0.5.10/backend/memory.db sqlite> SELECT * FROM memory;
You should see your test conversations listed.
Step 4: Final Verification in Open WebUI
- Restart the Open WebUI server to apply changes.
- Start a conversation with the AI.
- After several interactions, verify if the AI references past conversations.
- Query
memory.db
again to ensure new conversations are being saved:
bash sqlite3 /home/your_username/Documents/open-webui-0.5.10/backend/memory.db sqlite> SELECT * FROM memory;
Conclusion
You’ve successfully enabled persistent memory for your AI models running with Ollama and Open WebUI! The AI will now remember the last 20 conversations, creating a more dynamic and personalized user experience.
Feel free to adjust the memory limit or expand the functionality as needed. Happy coding!
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
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@ 3b7fc823:e194354f
2025-02-12 01:15:49We are constantly surrounded by technologies that claim to enhance our experiences but often come at the cost of our privacy. Think about it – every time you visit a website, cookies are being dropped like breadcrumbs, tracking your every move without you even knowing.
How Tech Companies Collect Your Data: The Spy Next Door
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Cookies: These tiny files are placed on your device as soon as you visit a site. They follow you around the web, creating a digital trail that companies use to learn about your habits and interests.
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Tracking Pixels: Like cookies, these are invisible tags that track your actions across different websites. Imagine someone following you wherever you go online – that's what tracking pixels do.
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Behavioral Targeting: This is when companies analyze your browsing history to serve you ads tailored to your interests. It's like knowing what you like and then bombarding you with it, whether you like it or not.
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Data Brokers: These middlemen collect data from various sources and sell it on to the highest bidder. Your information could be used for marketing, insurance, or even political purposes – without your consent!
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Third-Party trackers: Apps and websites you visit may share your data with other companies, creating a web of surveillance that's hard to escape.
What They Do with Your Data
Once companies have your data, they can use it for targeted advertising, profile building, and even political manipulation. Think about the Cambridge Analytica scandal... Your data isn't just used to make your experience better; it's being sold and exploited in ways you probably never imagined.
How to Stop Them: Empower Yourself
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Use Privacy-Friendly Browsers: Tools like Brave or Firefox with enhanced tracking protection can block trackers and cookies, giving you control over what data is collected.
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Block Trackers and Cookies: Browser extensions that allow you to block these elements are available for free, providing an added layer of privacy.
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Minimize Data Usage: When using apps or websites, avoid granting unnecessary permissions that could lead to data collection.
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Delete Unused Apps: Regularly delete apps and services that are no longer needed to stop data collection from inactive accounts.
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Read Privacy Policies: Before accepting terms of service or privacy policies, read through them to understand what data will be collected and how it will be used.
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Use Incognito or Private Browsing Modes: These modes often block cookies and trackers, offering an additional way to reduce data collection. But remember that Google was still tracking you on Chrome regardless, so your mileage may vary.
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Limit Device Usage: Avoid using personal devices for sensitive activities when privacy is a concern.
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Use Tor: Yes it's slower, yes some sites won't work. It's more private and you using helps disquise traffic giving protection for others that might need it more than you do.
Why It Matters: The Domino Effect
The data collected today isn't just for ads; it's used in decision-making processes that can affect your life. From insurance rates to job opportunities, your data can influence significant aspects of your existence. Imagine a world where your information is bought and sold without your consent – it's time to take control.
Your Data, Your Choice
Your data is being collected and sold without your consent, and the time to act is now. By understanding how data collection works and taking steps to protect yourself, you can reclaim control over your privacy. Remember, you're not just a user – you're the owner of your information. It's time to stand up for your rights and demand transparency from the companies that claim to serve you.
Don't Let Corporate Spies Steal Your Privacy
Your data is valuable, and it's being harvested without your knowledge. Take action today by educating yourself and others about the importance of privacy. Together, we can create a world where privacy is respected and protected, not exploited for profit.
Join the movement to fight against corporate surveillance and protect your right to privacy. Your information is too important to leave in the hands of those who don't have your consent. It's time to take a stand – your digital life depends on it.
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
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@ 8bad92c3:ca714aa5
2025-05-23 05:01:15Marty's Bent
via me
It seems like every other day there's another company announced that is going public with the intent of competing with Strategy by leveraging capital markets to create financial instruments to acquire Bitcoin in a way that is accretive for shareholders. This is certainly a very interesting trend, very bullish for bitcoin in the short-term, and undoubtedly making it so bitcoin is top of mind in the mainstream. I won't pretend to know whether or not these strategies will ultimately be successful or fail in the short, medium or long term. However, one thing I do know is that the themes that interest me, both here at TFTC and in my role as Managing Partner at Ten31, are companies that are building good businesses that are efficient, have product-market-fit, generate revenues and profits and roll those profits into bitcoin.
While it seems pretty clear that Strategy has tapped into an arbitrage that exists in capital markets, it's not really that exciting. From a business perspective, it's actually pretty straightforward and simple; find where potential arbitrage opportunities exists between pools of capital looking for exposure to spot bitcoin or bitcoin's volatility but can't buy the actual asset, and provide them with products that give them access to exposure while simultaneously creating a cult-like retail following. Rinse and repeat. To the extent that this strategy is repeatable is yet to be seen. I imagine it can expand pretty rapidly. Particularly if we have a speculative fervor around companies that do this. But in the long run, I think the signal is falling back to first principles, looking for businesses that are actually providing goods and services to the broader economy - not focused on the hyper-financialized part of the economy - to provide value and create efficiencies that enable higher margins and profitability.
With this in mind, I think it's important to highlight the combined leverage that entrepreneurs have by utilizing bitcoin treasuries and AI tools that are emerging and becoming more advanced by the week. As I said in the tweet above, there's never been a better time to start a business that finds product-market fit and cash flows quickly with a team of two to three people. If you've been reading this rag over the last few weeks, you know that I've been experimenting with these AI tools and using them to make our business processes more efficient here at TFTC. I've also been using them at Ten31 to do deep research and analysis.
It has become abundantly clear to me that any founder or entrepreneur that is not utilizing the AI tools that are emerging is going to get left behind. As it stands today, all anyone has to do to get an idea from a thought in your head to the prototype stage to a minimum viable product is to hop into something like Claude or ChatGPT, have a brief conversation with an AI model that can do deep research about a particular niche that you want to provide a good service to and begin building.
Later this week, I will launch an app called Opportunity Cost in the Chrome and Firefox stores. It took me a few hours of work over the span of a week to ideate and iterate on the concept to the point where I had a working prototype that I handed off to a developer who is solving the last mile problem I have as an "idea guy" of getting the product to market. Only six months ago, accomplishing something like this would have been impossible for me. I've never written a line of code that's actually worked outside of the modded MySpace page I made back in middle school. I've always had a lot of ideas but have never been able to effectively communicate them to developers who can actually build them. With a combination of ChatGPT-03 and Replit, I was able to build an actual product that works. I'm using it in my browser today. It's pretty insane.
There are thousands of people coming to the same realization at the same time right now and going out there and building niche products very cheaply, with small teams, they are getting to market very quickly, and are amassing five figures, six figures, sometimes seven figures of MRR with extremely high profit margins. What most of these entrepreneurs have not really caught on to yet is that they should be cycling a portion - in my opinion, a large portion - of those profits into bitcoin. The combination of building a company utilizing these AI tools, getting it to market, getting revenue and profits, and turning those profits into bitcoin cannot be understated. You're going to begin seeing teams of one to ten people building businesses worth billions of dollars and they're going to need to store the value they create, any money that cannot be debased.
Grant Gilliam, one of the co-founders of Ten31, wrote about this in early 2024, bitcoin being the fourth lever of equity value growth for companies.
[
Bitcoin Treasury - The Fourth Lever to Equity Value Growth
Most companies do not hold enough bitcoin There is a saying you often hear in bitcoin circles that “you can never have enough bitcoin.” This is typically expressed by those who have spent the time to both understand bitcoin’s unique and superior monetary properties and also to appreciate why tho
Ten31 - Investors in bitcoin infrastructure and freedom techGrant Gilliam
](https://ten31.vc/insights/treasury?ref=tftc.io)
We already see this theme playing out at Ten31 with some of our portfolio companies, most notably Strike, which recently released some of their financials, highlighting the fact that they're extremely profitable with high margins and a relatively small team (~75). This is extremely impressive, especially when you consider the fact that they're a global company competing with the likes of Coinbase and Block, which have each thousands of employees.
Even those who are paying attention to the developments in the AI space and how the tools can enable entrepreneurs to build faster aren't really grasping the gravity of what's at play here. Many are simply thinking of consumer apps that can be built and distributed quickly to market, but the ways in which AI can be implemented extend far beyond the digital world. Here's a great example of a company a fellow freak is building with the mindset of keeping the team small, utilizing AI tools to automate processes and quickly push profits into bitcoin.
via Cormac
Again, this is where the exciting things are happening in my mind. People leveraging new tools to solve real problems to drive real value that ultimately produce profits for entrepreneurs. The entrepreneurs who decide to save those profits in bitcoin will find that the equity value growth of their companies accelerates exponentially as they provide more value, gain more traction, and increase their profits while also riding the bitcoin as it continues on its monetization phase. The compounded leverage of building a company that leverages AI tools and sweeps profits into bitcoin is going to be the biggest asymmetric play of the next decade. Personally, I also see it as something that's much more fulfilling than the pure play bitcoin treasury companies that are coming to market because consumers and entrepreneurs are able to recive and provide a ton of value in the real economy.
If you're looking to stay on top of the developments in the AI space and how you can apply the tools to help build your business or create a new business, I highly recommend you follow somebody like Greg Isenberg, whose Startup Ideas Podcast has been incredibly valuable for me as I attempt to get a lay of the land of how to implement AI into my businesses.
America's Two Economies
In my recent podcast with Lyn Alden, she outlined how our trade deficits create a cycle that's reshaping America's economic geography. As Alden explained, US trade deficits pump dollars into international markets, but these dollars don't disappear - they return as investments in US financial assets. This cycle gradually depletes industrial heartlands while enriching financial centers on the coasts, creating what amounts to two separate American economies.
"We're basically constantly taking economic vibrancy out of Michigan and Ohio and rural Pennsylvania where the steel mills were... and stuffing it back into financial assets in New York and Silicon Valley." - Lyn Alden
This pattern has persisted for over four decades, accelerating significantly since the early 1980s. Alden emphasized that while economists may argue there's still room before reaching a crisis point, the political consequences are already here. The growing divide between these two Americas has fueled populist sentiment as voters who feel left behind seek economic rebalancing, even if they can't articulate the exact mechanisms causing their hardship.
Check out the full podcast here for more on China's man
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@ 8bad92c3:ca714aa5
2025-05-23 05:01:12Key Takeaways
In this episode of TFTC, energy economist Anas Alhajji outlines a profound shift in U.S. foreign policy under Trump—away from military intervention and toward transactional diplomacy focused on trade, reconstruction, and curbing Chinese and Russian influence in the Middle East. He highlights Trump’s quiet outreach to Syria as emblematic of the U.S.'s strategic flexibility in legitimizing former adversaries when economically beneficial. Alhajji dismisses BRICS as a fractured bloc incapable of rivaling the U.S.-led order and insists the dollar and petrodollar remain dominant. On energy, he warns that despite favorable fundamentals, prices are suppressed by political confusion, underinvestment, and an aging power grid ill-prepared for the AI and urbanization boom. He also contends that Iran is stalling negotiations to buy time for nuclear advancement and that any deal will be superficial. Finally, Alhajji debunks the myth of Trump being pro-oil, noting his long-standing hostility toward the industry and explaining why a repeat of his past energy boom is implausible given today’s financial and structural constraints.
Best Quotes
- “BRICS is a paper tiger. Everything about BRICS is what China does—and that’s it.”
- “The dollar is here to stay. The petrodollar is here to stay. End of story.”
- “Trump hates the oil industry. He always classified it as an enemy.”
- “Energy projects are 30- to 40-year investments, but politicians think in 4-year cycles. That’s where the disconnect lies.”
- “People think shale will boom again. It won’t. The model changed from ‘drill baby drill’ to ‘control baby control.’”
- “The real story of Trump’s trip wasn’t about politics—it was investment, investment, investment.”
- “Without massive investment in the grid and gas turbines, blackouts will become the norm—even in rich countries like Kuwait.”
- “Iran and China have perfected the game of oil exports. Sanctions are just theater at this point.”
Conclusion
Anas Alhajji’s conclusion challenges conventional narratives, arguing that global power is shifting from military dominance to economic leverage, infrastructure investment, and energy control. He presents a nuanced view of U.S. foreign policy under Trump, emphasizing the strategic importance of trade and reconstruction over regime change. As energy demand soars and geopolitical risks mount, Alhajji warns that the real dangers lie not in foreign adversaries, but in policy confusion, infrastructural lag, and complacency—making this episode a crucial listen for anyone seeking to understand the high-stakes intersection of energy, economics, and diplomacy.
Timestamps
0:00 - Intro
0:48 - Syria and US diplomacy in Middle East
12:50 - Trump in the Middle East
18:12 - Fold & Bitkey
19:48 - Iran - Nuclear program and PR
33:53 - Unchained
34:22 - Crude markets, trade war and US debt
54:28 - Trump's energy stance
1:05:46 - Energy sector challanges
1:14:44 - Policy recommendations
1:21:18 - AI and bitcoinTranscript
(00:00) oil prices market fundamentals support higher price than where we are today. But because of this confusion, everyone is scared of low economic growth and that is a serious problem. The US media ignored part of Trump's speech when he said we are not about nation building and they refer to Afghanistan and Iraq.
(00:15) Look at them. This is a criticism of George W. Bush. We have groups that are talking about the demise of the dollar, the rise of bricks. Bricks is a paper tiger. Everything about bricks is what China does and that's it. The dollar is here to stay and the petro dollar is here to stay.
(00:31) The perception is that the Trump administration is cold but the reality Trump hates the oil [Music] indust. How are you? Very good. Very good. Thank you. As you were telling me, you've been a bit sleepd deprived this week trying to keep up with what's going on. Oh, absolutely. I mean, Trump keeps us on our toes uh all the time.
(01:06) In fact, I plan certain things for the weekend and Trump will say something or he will do something and all of a sudden we get busy again. Uh so clients are not going to wait for you until you finish your work. Basically, they want to know what's going on. So what is going on? What what how profound were the events in the Middle East? These are very uh very profound changes basically because it is very clear that if you look at the last 15 years uh and you look at the growth uh in the Middle East, you look at the growth of Saudi Arabia and uh the
(01:41) role of Turkey for example in the region uh it just just amazing be beyond any uh any thoughts. Uh in fact both of them Turkey and Saudi Arabia are part of the G20. Uh so they have economic influence and they have political influence. And of course the icing on the cake for those who are familiar with the region is to recognize the Syrian government and meet with the Syrian uh president.
(02:11) Uh this is a major a major change in economics and politics uh of the Middle East. Let's touch on that Syria uh topic for a while because I think a lot of people here in the United States were a bit shocked at how sort of welcoming President Trump was towards the new Syrian president considering the fact that uh he was considered an enemy not too long ago here in the United States.
(02:42) What first of all it's a fact of life for those who would like to check the history of politics. There were many people around the world who were classified or they were on the terrorism list and then they became friends of the United States or they were became heroes. I mean Nelson Mandela is one of them. You look at Latin America, there are presidents in Latin America who were uh the enemy of the United States and then they became uh uh cooperative with the United States and the United States recognized their governments and the result of their uh elections. Uh so
(03:15) we've seen this historically uh several uh several times around the world and as they say freedom fighters for some basically are the enemies and the terrorists for for others etc. So uh what we've seen that's why the the visit is very important that the recognition of this government is very important. uh the fact on the ground that uh the president of Syria had the power on the ground uh he had the the the people on the ground and he had the control on the ground and whatever he's been he's been doing since he came into power until now
(03:52) he done all the right steps u and people loved him I mean everyone who went to Syria whether the Syrians who left Syria 40 years ago or uh the visitors who are coming to Syria, they will tell you, "We have never seen the Syrian people as happy as we've seen them today, despite the fact that they they live in misery.
(04:17) They don't have um 8 million people without housing. Uh there is barely any electricity in most of the country. There is no internet. There is barely any food. The uh inflation is rampant, etc. But people are happy because they lived in fear for a very long time. And uh the steps they have taken. For example, the uh ministers in the previous government uh are still there and they are still in the housing of the government.
(04:49) They still have the drivers. They still have the cars from the previous government. They still have it until today. So uh they they were classified as enemies before. But all of a sudden now you have a new government that is uh accepting them. Uh so we we see some changes on the ground that are positive and we'll see how these things will go given that the area around them basically has been unstable for a very long time.
(05:17) how because I don't the the news when I was actually it was surreal for me because my first trip to the Middle East was last December when it was literally f flying over Syria to Abu Dhabi when uh um Assad was getting thrown out and it was pretty surreal to be in that region of the world.
(05:43) How as it pertains to like religious minorities within Syria moving forward is there protractions protections there? Um well let me just uh I want to emphasize one point that is very important. What did the interest of Turkey, Saudi Arabia and the United States in Syria if remember Syria was controlled by Iran and was controlled by the Russians.
(06:09) So in a sense it becomes uh kind of an imperative that taking it away from Iran and Russia and not bringing Iran or Russia back is extremely important. Now the Russians are still there and they have their own base but at least they are not bombing the Syrians and not killing them anymore. But the idea here is taking Syria out of Iran and Russia and probably later on if they kick the Russians out, Russians will not have access to the Mediterranean.
(06:37) Uh so there is an interest uh of all parties basically to take Russia out of Iran and um out of uh Syria regardless the country is uh devastated and it creates massive opportunities for US companies on all levels and uh we've seen a contract uh done recently with you mentioned Abu Dhabi uh uh a contract uh uh with the UA a basically to revamp all the Syrian ports and work on the Syrian ports.
(07:13) Uh so such contracts basically uh when you have a country that has nothing and it's completely devastated the whole infrastructure is devastated. Who is going to build it? If the uh what the Chinese, the Russians, so who who are going to build it? So, uh I think there is a a big room for US companies and others basically to come in and uh literally help on one side and make money on the other.
(07:38) Yeah, I think that that's what I'm trying to discern. What was this convoy from the United States to the Middle East this week signali -
@ 3b7fc823:e194354f
2025-02-10 18:56:06A VPN is Not Magic
A VPN is a virtual private network. A VPN service provides an encrypted tunnel between your device and a server they own or rent. You then connect to the internet from this server thus making your IP address appear to the wider internet as the server IP. That's it. That's all it does.
Your Device -> VPN -> Website
Your Device sees that you are connecting to a website through a VPN. Your ISP sees that you are connecting to a VPN server but nothing after. The website sees that someone from a VPN is connecting to them but doesn't know who. The VPN sees your device connected to their server and that you then connected to a website.
VPN Anonymity and Privacy
VPNs do a lot to protect your privacy, they keep your ISP from seeing and logging every single thing you do online and they spoof your location and IP to any website that you visit. Although this website protection isn't 100% anonymous because of cookies, trackers, and if you have to log into a site with your information. If you are using a VPN on a mobile phone then you are still broadcasting your location to the cell towers even if you are not telling the website you are browsing.
Then there is the elephant in the room. The VPN knows all and sees all. How much do they log? How long do they save it? Can you trust them? This is going to vary VASTLY between VPN providers. I always prefer if they are setup where they cannot know the information in the first place and limit what I tell them in the first place by paying through the use of bitcoin or monero. Just because they have a no log "policy" in place it doesn't always fill me with confidence.
VPN Security
How much security does a VPN give you? Some in certain circumstances but not a lot. A VPN is not going to stop malware or viruses. A VPN can provide some protection from a man in the middle or evil twin attack as it provides a encrypted tunnel between your device and the VPN server, so always use a VPN when joining public WIFI spots. Just remember a VPN cannot protect you downstream on the connection between the VPN server and the website, always use secure encrypted connections and be aware that MITM attacks can still happen on the backside. A VPN can prevent DDoS attacks since the attacker doesn't know your real IP address and a fantastic use of VPNs is to protect IoT devices. Those smart devices around your home love to scream out all their data insecurely and a VPN can change their IP and encrypt their data in transit protecting them from hacking.
VPN Legality
In many countries VPNs are banned, blocked, or outright illegal:
Bahrain Belarus China Cuba Egypt Iran Iraq Libya Myanmar North Korea Oman Russia Syria Turkey Turkmenistan UAE Uganda Venezuela Vietnam
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
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@ 502ab02a:a2860397
2025-05-23 01:57:14น้ำนมมนุษย์ที่ไม่ง้อมนุษย์ หรือนี่กำลังจะกลายเป็นเรื่องจริงเร็วกว่าที่เราคิดนะครับ
ในยุคที่อุตสาหกรรมอาหารหันหลังให้กับปศุสัตว์ ไม่ว่าจะด้วยเหตุผลด้านสิ่งแวดล้อม จริยธรรม หรือความยั่งยืน “น้ำนมจากห้องแล็บ” กำลังกลายเป็นแนวหน้าของการปฏิวัติอาหาร โดยเฉพาะเมื่อบริษัทหนึ่งจากสิงคโปร์นามว่า TurtleTree ประกาศอย่างชัดเจนว่า พวกเขากำลังจะสร้างโปรตีนสำคัญในน้ำนมมนุษย์ โดยไม่ต้องมีมนุษย์แม่เลยแม้แต่น้อย
TurtleTree ก่อตั้งในปี 2019 โดยมีเป้าหมายอันทะเยอทะยานคือการผลิตโปรตีนในนมแม่ให้ได้ผ่านเทคโนโลยีที่เรียกว่า precision fermentation โดยใช้จุลินทรีย์ที่ถูกดัดแปลงพันธุกรรมให้ผลิตโปรตีนเฉพาะ เช่น lactoferrin และ human milk oligosaccharides (HMOs) ซึ่งเป็นองค์ประกอบล้ำค่าที่พบในน้ำนมมนุษย์แต่แทบไม่มีในนมวัว หรือผลิตภัณฑ์นมทั่วไป
โปรตีนตัวแรกที่ TurtleTree ประสบความสำเร็จในการผลิตคือ LF+ หรือ lactoferrin ที่เลียนแบบโปรตีนในนมแม่ ซึ่งมีหน้าที่ช่วยระบบภูมิคุ้มกันของทารก ต่อต้านแบคทีเรีย และช่วยให้ร่างกายดูดซึมธาตุเหล็กได้ดีขึ้น โปรตีนนี้เป็นหนึ่งในหัวใจของนมแม่ ที่บริษัทต้องการนำมาใช้ในอุตสาหกรรมนมผงเด็กและอาหารเสริมสำหรับผู้ใหญ่ ล่าสุดในปี 2024 LF+ ได้รับการรับรองสถานะ GRAS (Generally Recognized As Safe) จากองค์การอาหารและยาสหรัฐฯ (FDA) อย่างเป็นทางการ เป็นหมุดหมายสำคัญที่บอกว่า นี่ไม่ใช่แค่ไอเดียในแล็บอีกต่อไป แต่กำลังกลายเป็นผลิตภัณฑ์เชิงพาณิชย์จริง
เบื้องหลังของโปรเจกต์นี้คือการลงทุนกว่า 30 ล้านดอลลาร์สหรัฐจากกลุ่มทุนทั่วโลก รวมถึงบริษัท Solar Biotech ที่จับมือกับ TurtleTree ในการขยายกำลังการผลิตเชิงอุตสาหกรรมในสหรัฐอเมริกา โดยตั้งเป้าว่าจะสามารถผลิตโปรตีนเหล่านี้ได้ในระดับราคาที่แข่งขันได้ภายในไม่กี่ปีข้างหน้า
สิ่งที่น่าสนใจคือ TurtleTree ไม่ได้หยุดแค่ lactoferrin พวกเขายังวางแผนพัฒนา HMO ซึ่งเป็นน้ำตาลเชิงซ้อนชนิดพิเศษที่มีอยู่เฉพาะในน้ำนมแม่ เป็นอาหารเลี้ยงแบคทีเรียดีในลำไส้ทารก ช่วยพัฒนาระบบภูมิคุ้มกันและสมอง ปัจจุบัน HMOs เริ่มเป็นที่นิยมในวงการ infant formula แต่การผลิตยังจำกัดและมีต้นทุนสูง การที่ TurtleTree จะนำเทคโนโลยี precision fermentation มาใช้ผลิต HMO จึงถือเป็นความพยายามในการลดช่องว่างระหว่าง "นมแม่จริง" กับ "นมผงสังเคราะห์"
ทั้งหมดนี้เกิดขึ้นภายใต้แนวคิดใหม่ของอุตสาหกรรมอาหารที่เรียกว่า "functional nutrition" หรือโภชนาการที่ออกแบบเพื่อทำงานเฉพาะทาง ไม่ใช่แค่ให้พลังงานหรือโปรตีน แต่เล็งเป้าหมายเฉพาะ เช่น เสริมภูมิคุ้มกัน ซ่อมแซมสมอง หรือฟื้นฟูร่างกาย โดยมีรากฐานจากธรรมชาติ แต่ใช้เทคโนโลยีสมัยใหม่ในการผลิต
แม้จะฟังดูเป็นความก้าวหน้าทางวิทยาศาสตร์ที่น่าตื่นเต้น แต่น้ำเสียงที่ดังก้องในอีกมุมหนึ่งก็คือคำถามเชิงจริยธรรม TurtleTree กำลังสร้างโปรตีนที่มีอยู่เฉพาะในมนุษย์ โดยอาศัยข้อมูลพันธุกรรมของมนุษย์เอง แล้วนำเข้าสู่ระบบอุตสาหกรรมเพื่อการค้า คำถามคือ เมื่อใดที่การจำลองธรรมชาติจะกลายเป็นการผูกขาดธรรมชาติ? ใครควรเป็นเจ้าของข้อมูลพันธุกรรมของมนุษย์? และถ้าวันหนึ่งบริษัทใดบริษัทหนึ่งสามารถควบคุมการผลิต “นมแม่จำลอง” ได้แต่เพียงผู้เดียว นั่นจะส่งผลต่อเสรีภาพของสังคมในมุมไหนบ้าง?
นักชีวจริยธรรมหลายคน เช่น ดร.ซิลเวีย แคมโปเรซี จาก King's College London ตั้งข้อสังเกตไว้ว่า เทคโนโลยีแบบนี้อาจแก้ปัญหาการเข้าถึงนมแม่ในพื้นที่ห่างไกลหรือในกลุ่มแม่ที่ให้นมไม่ได้ แต่ขณะเดียวกันก็อาจกลายเป็นการสร้าง "ระบบอาหารทางเลือก" ที่ควบคุมโดยบริษัทไม่กี่ราย ที่มีอำนาจเกินกว่าผู้บริโภคจะตรวจสอบได้
เมื่อเทคโนโลยีสามารถจำลองสิ่งที่เคยสงวนไว้เฉพาะธรรมชาติ และมนุษย์ได้ใกล้เคียงจนแทบแยกไม่ออก บางทีคำถามที่ควรถามอาจไม่ใช่แค่ว่า “มันปลอดภัยหรือไม่?” แต่อาจต้องถามว่า “เราไว้ใจใครให้สร้างสิ่งนี้แทนธรรมชาติ?” เพราะน้ำนมแม่เคยเป็นสิ่งที่มาจากรักและชีวิต แต่วันนี้มันอาจกลายเป็นเพียงสิ่งที่มาจากห้องแล็บและโมเลกุล... และนั่นคือสิ่งที่เราต้องคิดให้เป็น ก่อนจะกินให้ดี เต่านี้มีบุญคุณอันใหญ่หลวงงงงงงง
เสริมจุดน่าสนใจให้ครับ KBW Ventures ถือเป็นผู้ลงทุนรายใหญ่ที่สุดใน TurtleTree Labs โดยมีบทบาทสำคัญในหลายรอบการระดมทุนของบริษัท KBW Ventures เป็นบริษัทลงทุนจากสหรัฐอาหรับเอมิเรตส์ ก่อตั้งโดย สมเด็จพระราชโอรสเจ้าชายคาเล็ด บิน อัลวาลีด บิน ตาลาล อัล ซาอุด (HRH Prince Khaled bin Alwaleed bin Talal Al Saud) ในรอบการระดมทุน Pre-A มูลค่า 6.2 ล้านดอลลาร์สหรัฐฯ ซึ่งปิดในเดือนธันวาคม 2020 KBW Ventures ได้ร่วมลงทุนพร้อมกับ Green Monday Ventures, Eat Beyond Global และ Verso Capital . นอกจากนี้ เจ้าชาย Khaled ยังได้เข้าร่วมเป็นที่ปรึกษาให้กับ TurtleTree Labs เพื่อสนับสนุนการขยายตลาดและกลยุทธ์การเติบโตของบริษัท
ซึ่งในตัว KBW Ventures นั้น เป็นบริษัทลงทุนที่มุ่งเน้นการสนับสนุนเทคโนโลยีที่ยั่งยืนและนวัตกรรมในหลากหลายอุตสาหกรรม เช่น เทคโนโลยีชีวภาพ (biotech), เทคโนโลยีพลังงานสะอาด, เทคโนโลยีการเงิน (fintech), เทคโนโลยีการขนส่ง, และเทคโนโลยีอาหาร (food tech) โดยเฉพาะ และในส่วนของเจ้าชาย Khaled มีความสนใจอย่างลึกซึ้งในด้านเทคโนโลยีอาหาร โดยเฉพาะในกลุ่มโปรตีนทางเลือก เช่น Beyond Meat ซึ่งเป็นการลงทุนที่สะท้อนถึงความมุ่งมั่นชัดเจนในการส่งเสริมอาหารที่ยั่งยืนและมีจริยธรรมครับ และแน่นอนเลยว่า โดยมีส่วนร่วมในรอบระดมทุนหลายครั้งของ Beyond Meat รวมถึงตอนที่ Beyond Meat เข้าตลาดหุ้น Nasdaq ครั้งแรกในปี 2019
เจ้าชาย Khaled เชื่อมั่นว่าอาหารทางเลือกแบบพืชจะถูกลงและแพร่หลายมากขึ้น จนอาจถูกกว่าราคาเนื้อสัตว์จากสัตว์จริงภายในปี 2025 ตามข้อมูลที่ได้มาแสดงว่า ปีนี้นี่หว่าาาาาาาาาา
#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr
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@ 04c3c1a5:a94cf83d
2025-05-13 16:49:23Testing Testing Testing
This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test
nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau
| | | | | ------------------------ | - | - | | Quick'hthbdoiwenweuifier | | | | 1. Little | | |
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MUCH BETTER
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@ 3b7fc823:e194354f
2025-02-10 17:34:18Dealing with law enforcement can be a challenging and stressful experience. However, understanding your rights and knowing how to navigate such situations can empower you to protect yourself. Here’s a structured approach to handle these interactions effectively:
- Stay Calm and Compliant:
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When approached by law enforcement, remain calm and avoid sudden movements. Slowly raise your hands and identify yourself if possible.
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Ask for Identification:
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Request the officer's name, badge number, and station. This documentation can be crucial later on.
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Know Your Miranda Rights:
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Upon arrest, you have the right to remain silent. Do not answer questions without consulting a lawyer. If Mirandized, exercise your right to remain silent.
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Refuse Incriminating Statements:
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Avoid answering questions that could incriminate yourself. Politely state, "I will not answer any questions at this time."
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Document the Incident:
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Use your phone or notebook to record details such as dates, times, and descriptions of interactions. Note any injuries or mistreatment.
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Seek Legal Advice:
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After the encounter, contact a lawyer. They can review evidence and provide guidance on how to proceed.
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Understand Search and Seizure Laws:
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Officers generally need a warrant to search your property unless there's probable cause. If stopped without a warrant, calmly refuse entry.
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Use a Body Camera Policy:
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If applicable, ask for the officer's body camera footage and request it via formal complaint if refused.
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Know When to Comply:
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Comply with instructions that do not infringe on your rights, such as providing identification when legally required.
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Consider a Witness Statement:
- If you witness illegal actions, consider reporting them. Your role as a bystander may be crucial in documenting incidents.
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Seek Emotional Support:
- Interactions with law enforcement can be traumatic. Reach out to support groups or mental health resources for assistance.
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Understand Legal Recourse:
- If rights are violated, consult legal aid societies or civil rights organizations for guidance on filing complaints or seeking redress.
Conclusion: Understanding your rights and documenting interactions is essential when dealing with law enforcement. This guide provides a framework to help you navigate such situations confidently and protect your rights effectively. Remember, knowledge is power, and being informed can lead to better outcomes in challenging circumstances.
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
82XCDNK1Js8TethhpGLFPbVyKe25DxMUePad1rUn9z7V6QdCzxHEE7varvVh1VUidUhHVSA4atNU2BTpSNJLC1BqSvDajw1
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@ 2b998b04:86727e47
2025-05-23 01:56:23\> “Huge swathes of people…spend their entire working lives performing tasks they secretly believe do not really need to be performed.”\ \> — David Graeber, Bullshit Jobs
\> “We are in a system that must grow — forever — or it collapses. But technology, by its very nature, is deflationary.”\ \> — Jeff Booth, The Price of Tomorrow
We live in a strange paradox: Technological progress is supposed to make life easier, yet many people feel more overworked and less fulfilled than ever. While artificial intelligence and automation promise unprecedented productivity, it’s not yet clear whether that will mean fewer bullshit jobs — or simply new kinds of them.
What Is a Bullshit Job?
In his landmark book Bullshit Jobs, the late anthropologist David Graeber exposed a haunting truth: millions of jobs exist not because they are needed, but because of economic, political, or psychological inertia. These are roles that even the workers themselves suspect are meaningless — created to serve appearances, maintain hierarchies, or justify budgets.
Think:
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Middle managers approving other middle managers' reports
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Employees running meetings to prepare for other meetings
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Corporate roles invented to interface with poorly implemented AI tools
Bullshit work isn’t the absence of technology. It’s often the outcome of resisting what technology could actually do — in order to preserve jobs, status, or growth targets.
Booth’s Warning: The System is Rigged Against Deflation
In The Price of Tomorrow, entrepreneur Jeff Booth argues that the natural state of a tech-driven economy is deflation — things getting better, cheaper, and faster.
But our global financial system is built on perpetual inflation and debt expansion. Booth writes:
\> “We are using inflationary monetary policy to fight deflationary technological forces.”
Even as AI and automation could eliminate unnecessary jobs and increase abundance, our system requires jobs — or the illusion of them — to keep the economy expanding. So bullshit jobs persist, and even evolve.
AI as a Deflationary Force
AI is rapidly accelerating the deflation Booth described:
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Tasks that used to take hours now take seconds
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Whole creative and administrative processes are being streamlined
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Labor can scale digitally — one tool used globally at near-zero marginal cost
Embraced honestly, this could mean fewer hours, lower costs, and more prosperity. But again, we are not optimized for truth — we are optimized for GDP growth.
So we invent new layers of AI-enhanced bullshit:
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Prompt engineers writing prompts for other prompt engineers
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"Human-in-the-loop" validators reviewing AI output they don’t understand
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Consultants building dashboards that nobody reads
Toward a Post-Bullshit Future
Here’s the real opportunity: If we embrace deflation as a blessing — not a threat — and redesign our systems around truth, efficiency, and abundance, we could:
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Eliminate meaningless labor
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Reduce the cost of living dramatically
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Liberate people to create, heal, build, and rest
This means more than economic reform — it’s a philosophical shift. We must stop equating “employment” with value. That’s where Bitcoin and open-source tools point: toward a world where permissionless value creation is possible without the bloat of gatekeeping institutions.
Final Thought: Tech Won’t Save Us, But Truth Might
Technology, left to its own logic, tends toward freedom, efficiency, and abundance. But our current systems suppress that logic in favor of growth at all costs — even if it means assigning millions of people to do work that doesn’t need doing.
So will AI eliminate bullshit jobs?
It can. But only if we stop pretending we need them.
And for those of us who step outside the wage-work loop, something remarkable happens. We begin using these tools to create actual value — not to impress a boss, but to solve real problems and serve real people.
Recently, I built a tool using AI and automation that helps me cross-post content from Nostr to LinkedIn, Facebook, and X. It wasn’t for a paycheck. It was about leverage — freeing time, expanding reach, and creating a public record of ideas.\ You can check it out here:\ 👉 <https://tinyurl.com/ywxuowl5>
Will it help others? I don’t know yet.\ But it helped me — and that’s the point.
Real value creation doesn’t always begin with a business plan. Sometimes it starts with curiosity, conviction, and the courage to build without permission.
Maybe the future of work isn’t about scaling jobs at all.\ Maybe it’s about reclaiming time — and using these tools to build lives of meaning.
If this resonates — or if you’ve found your own way to reclaim time and create value outside the wage loop — zap me and share your story. Let’s build the post-bullshit economy together. ⚡
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@ 3b7fc823:e194354f
2025-02-10 13:13:25Alright, let’s get one thing straight: you’re scrolling through your phone, shopping online, maybe even working from home. But here’s the thing – someone might be watching. Not in the creepy stalker way, but in the “is that company really needing my data?” kind of way. That’s where a Virtual Private Network (VPN) comes in, saving you from the prying eyes of marketers, governments, and even your own internet provider.
What Does a VPN Do?
A VPN creates a secure, encrypted connection between your device and a VPN server. This allows you to browse the internet anonymously, keeping your online activities private from your Internet Service Provider (ISP), network administrators, and even hackers. When you connect to a VPN, your internet traffic is routed through an intermediary server, making it difficult for anyone to track your online movements.
Why You Need a VPN: Privacy edition
- Hiding Your IP Address
Every time you jump online, your device gets an IP address, like a digital ID. If you don’t use a VPN, everyone can see this ID, making it easy for advertisers and governments to track your every move.
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[X ] Myth: A VPN hides my IP address from everyone.
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[X] Reality: A VPN hides your IP address only from the websites you visit and your ISP. Your internet service provider still knows you're using a VPN, but they won't be able to see what sites you're visiting. Your VPN knows what sites you are visiting and may know who you are as well.
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Bypassing Censorship
Ever tried accessing something that’s blocked in your country? A VPN can help you bypass those restrictions, letting you watch the latest shows, access social media, or even download books without getting flagged as a troublemaker.
- Protecting Your Data
When you connect to public Wi-Fi – like at a café or airport – you’re basically handing over your data on a silver platter. A VPN encrypts this data, so even if someone intercepts it, they can’t decode it. Think of it as adding an extra layer of security.
- Avoiding Surveillance
Companies and governments love collecting data. From what you search to who you talk to, there’s a lot of stuff that’s none of their business. A VPN ensures that only you know where you’ve been online.
- Safeguarding Your Personal and Professional Life
Whether you’re working from home or just shopping for a present, a VPN keeps your activities private. It’s like having a secure safe for all your online stuff, so no one can snoop.
- Stopping Targeted Ads
Companies track your browsing habits to send you ads that follow you around the internet. A VPN breaks this cycle, making sure those creepy “you might like” ads stop following you around.
- No Logs Policy
Some VPNs keep records of your activity, which means they could be handed over if the government comes knocking. But with a no-logs policy, nothing is stored – they promise ;)
- The Dark Side of Free VPNs
Before you jump into using a free VPN, think twice. Free services often come with a catch: they might sell your data to advertisers or even track your activity themselves. It’s like getting a free hotdog at a gas station – it sounds great, but you’ll probably regret it later.
How to Use a VPN (Because You’re Not a Tech Wizard)
- Choose the Right Provider
Go for a reputable service that offers strong encryption and a no-logs policy. Look for options with a kill switch, which stops any data from being leaked if the connection drops. I prefer ones you can pay annoymously but that may be overkill for most people.
- Download and Install
Once you pick a provider, download the app to your device. It’s not rocket science, but it does require a bit more than just opening an email.
- Set It Up
Most VPNs have user-friendly interfaces. Just click “Connect” and you’re good to go. You might need to enter your login details or use a password from your provider.
The Final Word Using a VPN isn’t about being a hacker or someone with something to hide. It’s about respecting your privacy and having control over what you share online. In today’s world, where companies and governments are constantly getting more creative about how they collect data, it’s practically a requirement if you want to stay ahead of the curve.
So there you have it – the secret life of your internet. With a VPN, you’re not just protecting yourself; you’re making sure that your digital footprint is as small as possible. Whether you’re at home or on the go, a VPN gives you the freedom to surf, shop, and work without anyone watching your every move.
And hey, if you’re still not convinced, just think about it this way: imagine your internet connection as a crowded public space. Without a VPN, everyone’s staring at you. With one, you’re wearing a mask, and no one’s the wiser.
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
82XCDNK1Js8TethhpGLFPbVyKe25DxMUePad1rUn9z7V6QdCzxHEE7varvVh1VUidUhHVSA4atNU2BTpSNJLC1BqSvDajw1
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@ 5391098c:74403a0e
2025-05-13 16:47:48(Textículo em prosa erudita sobre a Ideologia Anarco-Capitalista-Cristã)
https://davipinheiro.com/01-escravos-da-cara-inchada/
A cultura #Woke apropriou-se da imagem sobre a #escravidão. Quando uma pessoa aculturada imagina um #escravo, vem em sua mente a imagem de um ser humano negro, magro e flagelado. Para quem enxerga além das cortinas da mentira, vem em sua mente a imagem de um ser humano de qualquer etnia, gordo e doente.
Democracia, péssimo regime de governo assim classificado pelo seu próprio idealizador: Platão em A República, é o grito da hienas de dentes arreganhados para ampliação do regime escravocrata fomentado pelos #GlobalistasSatanistas.
Um escravo da cara inchada é todo aquele ser humano ignorante inconsciente que alimenta esse sistema em troca de intoxicantes como flúor¹, cloro, glutamato monosódico, gordura trans, corantes, conservantes, refrigerantes, bebidas alcoólicas, psicotrópicos e remédios sintomáticos, tudo embrulhado com mentiras reiteradas.
Como consequência, após os 18 anos de idade o corpo do #EscravoDaCaraInchada sucumbe à tamanha intoxicação e passa a inchar, sendo fisicamente perceptível sua condição de escravo da cara inchada tanto à olho nú quando por reconhecimento facial de qualquer pseudo inteligência artificial.
O círculo vicioso da #EscravidaoDemocratica é tão simples e tosco como o “pão e circo romano”, Mesmo assim é muito difícil para o escravo da cara inchada perceber a própria condição tamanha é sua intoxicação física e mental.
Se um Anarco-Capitalista-Cristão (#Ancapcristão) chega para um escravo da cara inchada e explica sobre esses intoxicantes como instrumento de escravização, dificilmente o escravo da cara inchada irá acreditar pois diferentemente do antigo e aposentado chicote, o novo instrumento da escravidão não dói de imediato e os próprios efeitos da intoxicação impedem-no de raciocinar com clareza.
Portanto, para que os #GlobalistasSatanistas obtivessem sucesso na democratização da escravidão, tiveram que criar um chicote químico e uma ideologia favorável. Quanto às etapas utilizadas para formação dessa ideologia no inconsciente coletivo passo a elencar as 6 grandes mentiras em ordem cronológica:
(1ª etapa) Iluminismo: distanciamento de #Deus e seus ensinamentos, criação de sociedades secretas, exacerbação do ser humano perante o criador na tentativa de projetar o ser humano como seu próprio deus, tornando-o responsável sobre os rumos naturais do planeta. Assim formou-se a base ideológica para o materialismo, ambientalismo, feminismo, controle populacional e ideologia de gêneros;
(2ª etapa) Materialismo: perda do propósito espiritual e do sentido da vida², o que passa a importar são apenas as coisas materiais, acima inclusive do próprio ser humano. A perpetuação da espécie também fica em segundo plano. Assim formou-se a base ideológica para o ambientalismo, feminismo, controle populacional e ideologia de gêneros;
(3ª etapa) Ambientalismo: redução do ser humano à mero câncer do planeta superlotado, atribuído-lhe a responsabilidade por qualquer desastre natural. Assim formou-se a base ideológica para o controle populacional e ideologia de gêneros;
(4ª etapa) Feminismo: enfraquecimento do ser humano por meio da sua divisão em duas categorias: macho e fêmea, os quais são inimigos e não cooperadores. A ideia de igualdade de gêneros é tão antagônica que beira ao conflito cognitivo³: Eles querem separar para dizer que são iguais... Ora, como não pode haver diferenças entre os gêneros se eles são fisicamente e mentalmente diferentes? Nesse diapasão, mesmo não sendo os estados nacionais os arquitetos da escravidão democrática e sim meros fantoches dos globalistas satanistas, o voto feminino foi fundamental para aprovação de leis misândricas com o fito de acelerar a destruição da base familiar do escravo da cara inchada. Importante mencionar que a base familiar dos globalistas satanistas continua sendo patriarcal. Assim formou-se a base ideológica para o controle populacional e ideologia de gêneros;
(5ª etapa) Controle Populacional: “Crescei e multiplicai-vos” é o caralho, Deus não sabe de nada (Iluminismo), o que importa é o dinheiro e filho é caro (Materialismo), para que colocar mais um ser humano nesse planeta doente e superlotado (Ambientalismo), além disso o sexo oposto é meu inimigo (Feminismo). Essa é base ideológica que antecede a ideologia de Controle Populacional, ainda reforçada pela apologia à castração, já que em todas as mídias produzidas com patrocínio oculto de capital globalista satanista tentam normalizar a castração do homem (perda da capacidade de reprodução) desde em desenhos infantis até grandes produções cinematográficas, ora em tom de humor ora em tom de tortura. Assim os escravos da cara inchada do sexo masculino perderam sua identidade, essência e desejo de ser o que são, formando-se a base ideológica para o homossexualismo, ou seja, para a ideologia de gêneros.
(6ª etapa) Ideologia de Gêneros: É a cereja do bolo para os planos do Diabo (Anjo invejoso de Deus que quer destruir a maior criação: nós). Enquanto os globalistas satanistas, dentro de sua sábia ignorância, acreditam estarem chefiando a democratização da escravidão, na verdade também não passam de meros fantoches do Anjo Caído. Com a sexta e última etapa de mentiras para extinção da humanidade (#apocalipse) posta em prática através da Ideologia de Gêneros, fecha-se o ciclo vicioso de mentiras que se auto justificam: Se #Deus não presta, o que vale são os bens materiais, o ser humano é um câncer no planeta, o sexo oposto é inimigo e ter filhos é uma péssima ideia e ser homem másculo é crime, então ser #homossexual é a melhor opção, inclusive vamos castrar os meninos antes da puberdade sem o consentimento dos pais ou mães solo. Aqui também há uma grande bifurcação do círculo vicioso de mentiras, qual seja o gritante conflito cognitivo³: Se todos os homens deixarem de ser másculos, quem vai comer os #gays afeminados? Ou se todas as mulheres deixarem de ser femininas, quem as #sapatonas irão comer? E o pior, se todos passem a ser homossexuais quem vai perpetuar a espécie? Seremos extintos no lapso temporal de apenas uma geração, pois a fraudulenta medicina moderna jamais terá a capacidade de gerar bebês de chocadeira à tempo.
É interessante enxergar que mesmo os Globalistas Satanistas, dentro de sua sábia ignorância, acreditando estarem democratizando a escravidão em benefício próprio, na verdade apenas estão fomentando o apocalipse, ou seja sua própria extinção. Também não terão qualquer lugar especial no inferno, sinônimo de mal é mentira. Portanto os #GlobalistaSatanistas são meros fantoches do #Diabo enganador, tão submissos quanto o Escravo da Cara Inchada…
Interessante também enxergar que o livre arbítrio é uma condição obrigatória para independência da criação (anjo e ser humano). Todos somos livres para escolher entre o bem e o mal, se iremos ser escravos de #Deus ou escravos do Diabo. Se assim não fosse, inexistiria criação pois seríamos mera extensão da consciência do #Criador, em outras palavras: para que exista uma criação, essa deve ter a capacidade de decisão de forma independente, o chamado livre arbítrio.
Com base nisso, temos que não cabe à nos fazer qualquer revolução, tudo está normal, a luta entre o bem e o mal sempre irá existir pois um não existe sem o outro. Nos cabe apenas escolher o lado. Nesse contexto, tenho a seguinte mensagem destinada à você para encerrar o presente Textículo Anarco-Capitalista-Cristão:
------ > Se você for um ANARCO-CAPITALISTA-CRISTÃO passe esta palavra à diante para que a verdade atinja o maior número de ignorantes inconscientes possível;
------ > Se você for um GLOBALISTA SATANISTA, vai viver sua vida, desfrutar da própria fortuna e pare de ser fantoche o Diabo, mentiram para você: não terá qualquer lugar especial quando morrer;
------ > Se você for um ESCRAVO DA CARA INCHADA e não entendeu o que eu disse, por favor me pergunte ou debata comigo, terei o prazer em lhe ajudar a enxergar a verdade. Pare de trabalhar por dinheiro fiduciário, passe a aceitar #Monero e #Bitcoin em troca do seu trabalho, pois isso é o único jeito de sermos financeiramente livres, se tiver alguma dúvida sobre #criptomoedas me pergunte e terei o prazer e ensinar. Se ainda assim você se recusa a enxergar a verdade exposta aqui, por favor aceite #Monero e #Bitcoin quando for dar o seu cú. Ou melhor, cometa suicídio, já que você é um câncer no planeta, salve a natureza.
(Davi Pinheiro)
¹ - https://davipinheiro.com/teoria-da-conspiracao-o-fluor-na-agua-e-usado-para-controlar-mentes-revista-super-interessante-editora-abril/
² - https://davipinheiro.com/qual-o-sentido-da-vida/
³ - https://davipinheiro.com/entendendo-as-referencias-cruzadas-do-pensamento/
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@ 3b7fc823:e194354f
2025-02-09 15:14:10As someone who takes privacy seriously, I'm always on the lookout for innovative solutions that can help individuals protect their digital lives. One such solution is Tails OS, a Linux-based operating system that's specifically designed for privacy and security.
What is Tails OS?
Tails OS, short for The Amnesic Incognito Live System, is a Debian-based Linux distribution that offers a high level of anonymity and privacy. Developed by the Tails Project, this operating system is designed to preserve your online anonymity and protect your digital identity. Tails OS is a "live" distribution, meaning you can boot it from a USB drive or CD/DVD without installing it on your computer. This makes it an ideal solution for those who need to maintain their privacy while working in public spaces or using public computers.
Why Use Tails OS for Privacy?
Tails OS offers several features that make it an excellent choice for those seeking to protect their online privacy:
- Anonymity: Tails OS uses the Tor network to route your internet traffic through a series of nodes, making it difficult for anyone to trace your online activities back to your physical location.
- Encryption: Tails OS comes with built-in encryption tools, such as GnuPG and OpenSSL, to protect your sensitive data.
- Secure Boot: Tails OS uses a secure boot process to ensure that your system is free from malware and other threats.
- No Persistence: Tails OS is designed to leave no trace on your computer, meaning that any data you create or access while using the operating system will be deleted when you shut down.
Getting Started with Tails OS
Now that you know why Tails OS is an excellent choice for privacy protection, let's dive into the step-by-step guide on how to use it:
Step 1: Download and Create a Tails USB Drive
Visit the Tails website and download the latest version of Tails OS. Follow the instructions to create a bootable USB drive.
Step 2: Boot Tails OS
Insert the USB drive into your computer and restart it. Enter the BIOS settings (usually by pressing F2, F12, or Del) and set the USB drive as the first boot device. Save the changes and exit the BIOS settings. Your computer will now boot from the Tails USB drive.
Step 3: Security implications of setting up an administration password For better security, no administration password is set up by default. When you set up an administration password, an attacker who can get physical access to your computer while Tails is running could be able to break your security
Step 4: Configure Tails OS
Tails OS comes with a pre-configured Tor network, which is enabled by default. You can also configure other settings, such as the keyboard layout and language, from the "Settings" menu.
Step 5: Use Tails OS for Private Activities
Now that you're logged in and configured, you can use Tails OS for private activities, such as:
- Browsing the internet anonymously using Tor
- Sending and receiving encrypted emails using GnuPG
- Creating and editing documents using LibreOffice
- Chatting with friends and family using Pidgin
- Setup Persistent Storage for files
Emergency shutdown To trigger an emergency shutdown, unplug the USB stick from which Tails is running. Doing so might be faster than shutting down from the system menu.
NOTE: You risk breaking your Persistent Storage and losing data when you unplug your USB stick while Tails is running.
Conclusion
Tails OS is an excellent tool for anyone seeking to protect their online privacy. With its built-in anonymity features, encryption tools, and secure boot process, Tails OS provides a high level of protection for your digital identity. By following the step-by-step guide outlined above, you can start using Tails OS for private activities and take control of your digital life.
Remember, privacy is a fundamental human right, and it's essential to take steps to protect it. Tails OS is an excellent tool for anyone looking to maintain their online anonymity and protect their digital identity.
Advocating for privacy does not finance itself. If you enjoyed this article, please consider zapping or sending monero
82XCDNK1Js8TethhpGLFPbVyKe25DxMUePad1rUn9z7V6QdCzxHEE7varvVh1VUidUhHVSA4atNU2BTpSNJLC1BqSvDajw1
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@ 5c26ee8b:a4d229aa
2025-05-23 08:47:45Generally mentioning God, Allah, by reciting/reading the Quran or performing Salat (compulsory prayer), for instance, brings tranquility to the heart of the believer. The Salat, other than being the first deed a Muslim would be questioned about on Judgement Day, it keeps the person away from the forbidden wrong deeds too. The Salat is sufficient for obtaining God’s provision as he decrees the means for it to reach the person. Wasting or missing performing the Salat or mentioning God (Allah) by reciting/reading the Quran or Tasbieh, can lead to following the desires only and a depressed life as well as punishment in the Thereafter.
13:28 Ar-Ra'd
الَّذِينَ آمَنُوا وَتَطْمَئِنُّ قُلُوبُهُمْ بِذِكْرِ اللَّهِ ۗ أَلَا بِذِكْرِ اللَّهِ تَطْمَئِنُّ الْقُلُوبُ
Those who have believed and whose hearts are assured (tranquillised) by the remembrance of Allah. Unquestionably, by the remembrance of Allah hearts are assured (tranquillised)."
29:45 Al-Ankaboot
اتْلُ مَا أُوحِيَ إِلَيْكَ مِنَ الْكِتَابِ وَأَقِمِ الصَّلَاةَ ۖ إِنَّ الصَّلَاةَ تَنْهَىٰ عَنِ الْفَحْشَاءِ وَالْمُنْكَرِ ۗ وَلَذِكْرُ اللَّهِ أَكْبَرُ ۗ وَاللَّهُ يَعْلَمُ مَا تَصْنَعُونَ
Recite, [O Muhammad], what has been revealed to you of the Book and establish prayer. Indeed, prayer prohibits immorality and wrongdoing, and the remembrance of Allah is greater. And Allah knows that which you do.
11:114 Hud
وَأَقِمِ الصَّلَاةَ طَرَفَيِ النَّهَارِ وَزُلَفًا مِنَ اللَّيْلِ ۚ إِنَّ الْحَسَنَاتِ يُذْهِبْنَ السَّيِّئَاتِ ۚ ذَٰلِكَ ذِكْرَىٰ لِلذَّاكِرِينَ
And establish prayer at the two ends of the day and at the approach of the night. Indeed, good deeds do away with misdeeds. That is a reminder for those who remember.
20:132 Taa-Haa
وَأْمُرْ أَهْلَكَ بِالصَّلَاةِ وَاصْطَبِرْ عَلَيْهَا ۖ لَا نَسْأَلُكَ رِزْقًا ۖ نَحْنُ نَرْزُقُكَ ۗ وَالْعَاقِبَةُ لِلتَّقْوَىٰ
And enjoin prayer upon your family [and people] and be steadfast therein. We ask you not for provision; We provide for you, and the [best] outcome is for [those of] righteousness.
20:124 Taa-Haa
وَمَنْ أَعْرَضَ عَنْ ذِكْرِي فَإِنَّ لَهُ مَعِيشَةً ضَنْكًا وَنَحْشُرُهُ يَوْمَ الْقِيَامَةِ أَعْمَىٰ
And whoever turns away from My remembrance - indeed, he will have a depressed life, and We will gather him on the Day of Resurrection blind."
20:125 Taa-Haa
قَالَ رَبِّ لِمَ حَشَرْتَنِي أَعْمَىٰ وَقَدْ كُنْتُ بَصِيرًا
He will say, "My Lord, why have you raised me blind while I was [once] seeing?"
20:126 Taa-Haa
قَالَ كَذَٰلِكَ أَتَتْكَ آيَاتُنَا فَنَسِيتَهَا ۖ وَكَذَٰلِكَ الْيَوْمَ تُنْسَىٰ
[Allah] will say, "Thus did Our signs come to you, and you forgot them; and thus will you this Day be forgotten."
20:127 Taa-Haa
وَكَذَٰلِكَ نَجْزِي مَنْ أَسْرَفَ وَلَمْ يُؤْمِنْ بِآيَاتِ رَبِّهِ ۚ وَلَعَذَابُ الْآخِرَةِ أَشَدُّ وَأَبْقَىٰ
And thus do We recompense he who transgressed and did not believe in the signs of his Lord. And the punishment of the Hereafter is more severe and more enduring.
20:128 Taa-Haa
أَفَلَمْ يَهْدِ لَهُمْ كَمْ أَهْلَكْنَا قَبْلَهُمْ مِنَ الْقُرُونِ يَمْشُونَ فِي مَسَاكِنِهِمْ ۗ إِنَّ فِي ذَٰلِكَ لَآيَاتٍ لِأُولِي النُّهَىٰ
Then, has it not become clear to them how many generations We destroyed before them as they walk among their dwellings? Indeed in that are signs for those of intelligence.
49:17 Al-Hujuraat
يَمُنُّونَ عَلَيْكَ أَنْ أَسْلَمُوا ۖ قُلْ لَا تَمُنُّوا عَلَيَّ إِسْلَامَكُمْ ۖ بَلِ اللَّهُ يَمُنُّ عَلَيْكُمْ أَنْ هَدَاكُمْ لِلْإِيمَانِ إِنْ كُنْتُمْ صَادِقِينَ
They consider it a favor to you that they have accepted Islam. Say, "Do not consider your Islam a favor to me. Rather, Allah has conferred favor upon you that He has guided you to the faith, if you should be truthful."
53:29 An-Najm
فَأَعْرِضْ عَنْ مَنْ تَوَلَّىٰ عَنْ ذِكْرِنَا وَلَمْ يُرِدْ إِلَّا الْحَيَاةَ الدُّنْيَا
So turn away from whoever turns his back on Our message and desires not except the worldly life.
53:30 An-Najm
ذَٰلِكَ مَبْلَغُهُمْ مِنَ الْعِلْمِ ۚ إِنَّ رَبَّكَ هُوَ أَعْلَمُ بِمَنْ ضَلَّ عَنْ سَبِيلِهِ وَهُوَ أَعْلَمُ بِمَنِ اهْتَدَىٰ
That is their sum of knowledge. Indeed, your Lord is most knowing of who strays from His way, and He is most knowing of who is guided.
53:62 An-Najm
فَاسْجُدُوا لِلَّهِ وَاعْبُدُوا ۩
So prostrate to Allah and worship [Him].
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@ 94215f42:7681f622
2025-05-23 01:44:26The promise of AI is intoxicating: slash operational costs by 50-80%, achieve software-style margins on service businesses and and watch enterprise value multiply overnight.
But this initial value creation contains a hidden trap that could leave businesses worth less than when they started. Understanding the "Value Trap" is key to navigating a transition to an AI economy.
What is the Value Trap?
Whilst the value trap is forward looking and somewhat theoretical at this point, there are strong financial incentives to drive investments (many $bns of are looking at the transformation opportunity) that mean this should be taken very seriously.
The Value Trap unfolds in distinct phases:
Phase 1: Status Quo A typical service business operates with 100 units of revenue and 90 units of cost, generating 10 units of profit, representing a standard 10% margin. A bog standard business we can all relate to, long term customers locked in, market fit a distant memory, but growth is hard at this point.
Phase 2: Cost Reduction Early AI adopters slash operational expenses from 90 to 20 units while maintaining 100 units of revenue. This is the very real promise when moving to a "Human at the Edge" model that we'll unpack in a future article. Suddenly, they're generating 80 units of profit at an 8x increase that can easily add multiple to the enterprise value! A venture style return on a business previously struggling for growth.
Phase 3: Growth Phase With massive profit margins comes pricing power. These businesses can undercut competitors while maintaining healthy margins, driving rapid revenue growth. Having removed the human constraint on scaling and the additional overheads and complexity this introduces we see seemingly unlimited expansion. The brakes are truly off at this point for early adopters to expand total market share.
Phase 4: Competition Emerges The extraordinary returns attract competitors. It's important to note there is no technical moat here, other businesses implement similar AI strategies, often from your own staff who may have been let go, new entrants launch AI-native operations, and pricing power erodes.
Phase 5: Mean Reversion After 3-7 years (our best guess given current investment interest in transformation led PE), competitive pressure drives revenue down from 100 to 25 units while costs remain at 20. The business ends up with similar margins to where it started but at much lower absolute revenue, potentially destroying enterprise value.
What you've done is just massively reduced costs in this industry by displacing jobs and those individuals can turn around and compete. You incentivise the competition which erodes your pricing power
Why This Pattern is Inevitable
The Value Trap isn't pure speculation, but based on market dynamics playing out given a set of financial incentives. We believe there are several key forces that make this cycle almost guaranteed:
The Arbitrage is Too Attractive When businesses can achieve "venture returns with no product-market fit risk," capital will flood in. Private equity and Venture Capital firms are already raising funds specifically to acquire traditional service businesses and apply AI transformation strategies .
Low Technical Barriers Unlike previous technological advantages, AI implementation doesn't require significant technical moats. Much of the technology is open source, and the real barrier is process redesign thinking rather than proprietary technology.
The "One Player" Principle In any market, it only takes one competitor to implement AI-native processes to force everyone else to adapt. You either "play the game or you get left behind".
Capital Abundance With global money supply expanding and traditional investment opportunities yielding lower returns, the combination of proven product-market fit and dramatic cost reduction potential represents an irresistible opportunity for investors.
Strategic Response for SMEs: The Netflix Model
Small and medium enterprises actually have a significant advantage in navigating the Value Trap, but they need to act strategically and start moving now.
Embrace the Incubation Approach Rather than gutting your existing business, adopt Netflix's strategy: build an AI-native version of your business alongside your current operations. This approach manages risk while positioning for the future.
The answer here is why not both. you don't necessarily have to gut your current business, but you should be thinking about what does my business look like in five years and how do I transition into that.
Leverage Your Natural Advantages Small businesses can adapt faster than large enterprises. While a 20,000-person company faces "political shockwaves" when reducing workforce, a 10-person business can double revenue without anyone noticing. You can focus on growth rather than painful cost-cutting.
Remove Growth Constraints Early AI removes the traditional constraint where "adding the next person" represents a significant capital investment. Small businesses can scale efficiently once they've redesigned their processes around AI-native workflows, avoid further capital outlay and scaling without increasing complexity in operations.
Focus on Local Networks For various reasons associated with the commoditisation of intelligence, we believe the future favours "hyper-localised" businesses serving customers who "know, like, and trust" them. As intelligence becomes commoditised, human relationships become more valuable, not less.
Strategic Response for Capital Allocators
For private equity and venture capital firms, the Value Trap presents both enormous opportunity and significant risk.
Target the Right Businesses Look for businesses with strong persistent moats that will slow mean reversion:
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Strong brand and customer relationships
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High customer acquisition costs in the industry
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Regulatory barriers to entry
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Capital-intensive startup requirements
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Long-term contracts and switching costs
Master the Timing The key is capturing value during the expansion phase and exiting before mean reversion accelerates, or finding an appropriate time arbitrage solution to retain value (see below). The optimal point if you're a capital allocator is almost when you've extracted the most cost out of the business.
Consider Hybrid Strategies Rather than just gutting existing businesses, consider acquiring for distribution and customer base while building AI-native operations alongside traditional ones. This provides multiple exit strategies and reduces execution risk.
Bitcoin: The Time Arbitrage Solution
Whenever I've talked to anybody about AI, my first point of advice is just buy bitcoin.
This isn't just evangelism, so much as a recognition of where you would want to hold value as the Value Trap plays out. In essence the value trap generates an arbitrage opportunity, hige profits are pulled forwards short-term balooning the balance sheet, but the second order consequences of this change risk destroying the value you just created!
We believe alongside rapid competition leading to price for services collapsing, the mass job displacement leads to political pressure for intervention.
This could take several forms, but UBI, mortgage bailouts, unemployment extensions, seizure of existing property.
"All roads lead to money printing," as Pete notes in Good Stuff 02 .
During Weimar Republic hyperinflation, "the cost of a newspaper in year five was the same nominal figure as all of the money that existed in year four." While extreme, this illustrates how quickly monetary systems can shift as inflation and money supply inflation begins to run.
To resolve these issues, Bitcoin allows you to conduct arbitrage across time in an asset that is inflation resistant (fixed supply), hard to seize, has no counter party risk (if someone holds your gold, stocks, cash they can take it without asking) and transportable. Capturing value today and preserving it through monetary system changes protecting against the second and third-order effects of massive economic disruption, that AI represents.
Opportunity, Not Fear: The Renaissance Ahead
The Value Trap isn't a reason to avoid AI, it's a roadmap for navigating inevitable change strategically.
The Entrepreneurial Renaissance This could be a Renaissance for entrepreneurs, if you're entrepreneurial minded, this is an amazing time to be alive because there's opportunity that exists in all fields and the barriers to entry have never been lower.
Liberation from Busy Work The displacement of administrative and routine cognitive work frees humans for higher-value creation.
Democratisation of Intelligence When you can "purchase intelligence in buckets of $0.02 API calls," the barriers to starting and scaling businesses collapse. Individual entrepreneurs can build businesses that previously required large teams, with much lower complexity and risk.
Cost Reduction Benefits Everyone The ultimate outcome of the Value Trap cycle benefits consumers through dramatically lower prices for goods and services.
"Who doesn't want cheaper stuff? Why don't we just reduce the cost of everything massively?"
Conclusion: Embrace the High Agency Era
The Value Trap represents a fundamental shift from employment-based to entrepreneurship-based wealth creation. Rather than fearing job displacement, we should prepare for "the age of the entrepreneur" a high agency era.
The businesses and individuals who thrive will be those who:
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Understand the cycle and position accordingly
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Focus on unique value creation rather than routine processing or middleman models
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Build local networks and relationships
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Preserve wealth through the monetary transition
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Embrace building and creating unique value
If you are high agency, you can make anything happen.
The Value Trap isn't just about AI transforming business, it won't do this on its own, its a description of how humans will use this technology to generate and capture value.
The future belongs to builders, creators, and entrepreneurs who can navigate transition periods and emerge stronger. The Value Trap is the map, use it wisely.
This article draws heavily on discussion between myself and business partner Andy in Episode 02 of The Good Stuff, if you prefer listening try that :)
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@ 57d1a264:69f1fee1
2025-05-13 06:32:15You don’t have to be a type designer to appreciate what goes into the design of a letterform. In fact, even if you’re just a humble graphic designer, you should have a basic knowledge of what constructs the type you employ.
Typography, for all its concepts, expectations, implications, connotations and artistry, is, ultimately, a system. Just like a body has bones and muscles, every letterform has parts that give it shape, rhythm, and character.
If you're a creative working with type, learning the names of these parts helps you communicate clearly, better analyze your work and others, and design with precision. Everything comes down to a foundational understanding of the anatomy of the letterform and its essential component. So let’s help you with that.
Pangram Pangram Foundry is where the art of typography meets unparalleled craftsmanship. Established in 2018 by designer Mat Desjardins, Pangram Pangram has swiftly risen to become a globally recognized independent type foundry, admired and trusted by industry peers and the design community alike.
Read more about the anatomy of fonts at https://pangrampangram.com/blogs/journal/anatomy-of-the-letterform
originally posted at https://stacker.news/items/978828