@ 21335073:a244b1ad

The 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.

@ 51bbb15e:b77a2290

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

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

@ c9badfea:610f861a

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

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

@ 04c915da:3dfbecc9

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

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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.

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

@ 04c915da:3dfbecc9

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

Part One: 2029–2032

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

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

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

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

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

Time Jump: 2032–2047

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

Part Two: 2047

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

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

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

Key Differences

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

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

@ 6ad3e2a3:c90b7740

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

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

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

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

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

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

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

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

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

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

. . .

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

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

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

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

@ 9ca447d2:fbf5a36d

Gen 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.

@ 57d1a264:69f1fee1

Graphics 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

@ da8b7de1:c0164aee

Amerikai Nukleáris Fordulat és Pénzügyi hatások

Donald Trump elnök bejelentette, hogy végrehajtási rendeleteket ír alá a nukleáris energia fellendítésére . Ezek célja az új reaktorok engedélyezési folyamatának egyszerűsítése, az üzemanyag-ellátási láncok megerősítése, valamint a hazai ipar támogatása az orosz és kínai nyersanyagfüggőség csökkentése érdekében. A hír hatására az amerikai és globális nukleáris részvények jelentős emelkedést mutattak: az Uránium Energy 11%, a Centrus Energy 19,6%, az Oklo 16%, a Nano Nuclear 15%, a Nu Power 14,1%, a Global X Uranium ETF pedig 9%-kal erősödött . A növekvő energiaigény, különösen a mesterséges intelligencia által hajtott adatközpontok miatt, tovább növeli a nukleáris energia stratégiai szerepét az USA-ban .

Európai és Nemzetközi Nukleáris Fejlemények

Svédország parlamentje elfogadta az új állami támogatási keretrendszert, amely akár 5 000 MW új nukleáris kapacitás beruházását ösztönzi . Az intézkedés célja az áramárak stabilizálása, az ellátásbiztonság növelése és a zöld átmenet támogatása. A program keveri az állami hiteleket és a piaci árgaranciákat (CfD), a projektek finanszírozásában pedig a magántőke is részt vesz. A törvény 2025. augusztus 1-jén lép hatályba, a végrehajtás azonban még EU-jóváhagyásra vár .

Nukleáris Ellátási Lánc és Iparági Konferencia

Május 20–21-én Varsóban rendezték meg az első World Nuclear Supply Chain Conference-t, amelynek célja a globális nukleáris ellátási lánc megerősítése és bővítése . A konferencián elhangzottak szerint az iparág előtt álló kihívás a kapacitás gyors növelése, hiszen a cél a globális nukleáris kapacitás megháromszorozása 2050-ig. A World Nuclear Association legfrissebb elemzése szerint a következő 15 évben akár 2 billió dollár értékű beruházási lehetőség nyílhat a nemzetközi ellátási láncban . A rendezvényen kiemelték az innováció, a lokalizáció és az iparági együttműködés fontosságát, valamint a szállítási és geopolitikai kihívásokat is.

Új Projektek, Technológiai és Piaci Hírek

Az Egyesült Államokban a Tennessee Valley Authority (TVA) benyújtotta az első hivatalos engedélykérelmet egy BWRX-300 típusú kis moduláris reaktor (SMR) építésére a Clinch River telephelyen . Indiában a nukleáris hatóság jóváhagyta a Mahi Banswara Rajasthan Atomerőmű négy új blokkjának helyszínét . Kínában befejeződött a Haiyang 3 atomerőmű gőzturbinájának fő egységeinek telepítése . Belgiumban és Dániában is újraértékelik a nukleáris energia szerepét, míg Brazília Oroszországgal közös SMR-projektet tervez .

Iparági Trendek és Kilátások

A World Nuclear Association és az International Energy Agency (IEA) szerint a globális nukleáris energiatermelés 2025-ben minden korábbinál magasabb szintet érhet el, köszönhetően az új reaktorok üzembe helyezésének és a stabil, alacsony kibocsátású energiaforrások iránti növekvő igénynek . A nukleáris üzemanyag-ellátási lánc megerősítése, az uránbányászat, az átalakítás és a dúsítás bővítése, valamint a szállítási kapacitás fejlesztése mind kulcsfontosságú tényezők lesznek a következő években .

Hivatkozások

reuters.com
investopedia.com
nucnet.org
world-nuclear-news.org
world-nuclear.org

@ b83a28b7:35919450

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

Listen to the full episode here:

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

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

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

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

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

nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqqsy43fwz8es2wnn65rh0udc05tumdnx5xagvzd88ptncspmesdqhygcrvpf2

@ 04c915da:3dfbecc9

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

Concern

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

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

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

Optimism

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

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

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

Realism

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

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

@ 57d1a264:69f1fee1

Graphics 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

@ 57d1a264:69f1fee1

You’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

@ 04c915da:3dfbecc9

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

The Status Quo

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

Nostr Requires Responsibility

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

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

Future Nostr Security Improvements

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

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

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

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

---

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

@ 8aa70f44:3073d1a6

Earlier 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:

• Inline Zaps: Ability to zap from the asknostr.site interface. Click the zap button, specify or pick the number of sats zap away.

• Contributor Rank: A leaderboard to add some gamification. More recognition to those nostriches that spend their time helping other people out

• Search by Keyword: Search all content by keywords. Experiment with the index to show related questions or answers

• 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

• Bookmarks: Ability to bookmark questions and answers. Increase bookmark weight as a signal to rank answers.

• 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!

@ 04c915da:3dfbecc9

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

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

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

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

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

---

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

@ 57d1a264:69f1fee1

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

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

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

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

https://stacker.news/items/985285

@ 04c915da:3dfbecc9

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

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

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

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

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

@ 90152b7f:04e57401

U.S. troops would enforce peace under Army study

The Washington Times - September 10, 2001

by Rowan Scarborough

https://www.ord.io/70787305 (image) https://www.ord.io/74522515 (text)

An elite U.S. Army study center has devised a plan for enforcing a major Israeli-Palestinian peace accord that would require about 20,000 well-armed troops stationed throughout Israel and a newly created Palestinian state.
 There are no plans by the Bush administration to put American soldiers into the Middle East to police an agreement forged by the longtime warring parties. In fact, Defense Secretary Donald H. Rumsfeld is searching for ways to reduce U.S. peacekeeping efforts abroad, rather than increasing such missions.
But a 68-page paper by the Army School of Advanced Military Studies (SAMS) does provide a look at the daunting task any international peacekeeping force would face if the United Nations authorized it, and Israel and the Palestinians ever reached a peace agreement.


Located at Fort Leavenworth, Kan., the School for Advanced Military Studies is both a training ground and a think tank for some of the Army’s brightest officers. Officials say the Army chief of staff, and sometimes the Joint Chiefs of Staff, ask SAMS to develop contingency plans for future military operations. During the 1991 Persian Gulf war, SAMS personnel helped plan the coalition ground attack that avoided a strike up the middle of Iraqi positions and instead executed a “left hook” that routed the enemy in 100 hours.


The cover page for the recent SAMS project said it was done for the Joint Chiefs of Staff. But Maj. Chris Garver, a Fort Leavenworth spokesman, said the study was not requested by Washington.
“This was just an academic exercise,” said Maj. Garver. “They were trying to take a current situation and get some training out of it.”
 The exercise was done by 60 officers dubbed “Jedi Knights,” as all second-year SAMS students are nicknamed.


The SAMS paper attempts to predict events in the first year of a peace-enforcement operation, and sees possible dangers for U.S. troops from both sides.
 It calls Israel’s armed forces a “500-pound gorilla in Israel. Well armed and trained. Operates in both Gaza . Known to disregard international law to accomplish mission. Very unlikely to fire on American forces. Fratricide a concern especially in air space management.”


Of the Mossad, the Israeli intelligence service, the SAMS officers say: “Wildcard. Ruthless and cunning. Has capability to target U.S. forces and make it look like a Palestinian/Arab act.”


On the Palestinian side, the paper describes their youth as “loose cannons; under no control, sometimes violent.” The study lists five Arab terrorist groups that could target American troops for assassination and hostage-taking.
 The study recommends “neutrality in word and deed” as one way to protect U.S. soldiers from any attack. It also says Syria, Egypt and Jordan must be warned “we will act decisively in response to external attack.”


It is unlikely either of the three would mount an attack. Of Syria’s military, the report says: “Syrian army quantitatively larger than Israeli Defense Forces, but largely seen as qualitatively inferior. More likely, however, Syrians would provide financial and political support to the Palestinians, as well as increase covert support to terrorism acts through Lebanon.”
Of Egypt’s military, the paper says, “Egyptians also maintain a large army but have little to gain by attacking Israel.”


The plan does not specify a full order of battle. An Army source who reviewed the SAMS work said each of a possible three brigades would require about 100 Bradley fighting vehicles, 25 tanks, 12 self-propelled howitzers, Apache attack helicopters, Kiowa Warrior reconnaissance helicopters and Predator spy drones.
 The report predicts that nonlethal weapons would be used to quell unrest.
U.S. European Command, which is headed by NATO’s supreme allied commander, would oversee the peacekeeping operation. Commanders would maintain areas of operation, or AOs, around Nablus, Jerusalem, Hebron and the Gaza strip.
 The study sets out a list of goals for U.S. troops to accomplish in the first 30 days. They include: “create conditions for development of Palestinian State and security of “; ensure “equal distribution of contract value or equivalent aid” that would help legitimize the peacekeeping force and stimulate economic growth; “promote U.S. investment in Palestine”; “encourage reconciliation between entities based on acceptance of new national identities”; and “build lasting relationship based on new legal borders and not religious-territorial claims.”


Maj. Garver said the officers who completed the exercise will hold major planning jobs once they graduate. “There is an application process” for students, he said. “They screen their records, and there are several tests they go through before they are accepted by the program. The bright planners of the future come out of this program.”


James Phillips, a Middle East analyst at the Heritage Foundation, said it would be a mistake to put peacekeepers in Israel, given the “poor record of previous monitors.”
 “In general, the Bush administration policy is to discourage a large American presence,” he said. “But it has been rumored that one of the possibilities might be an expanded CIA role.”
“It would be a very different environment than Bosnia,” said Mr. Phillips, referring to America’s six-year peacekeeping role in Bosnia-Herzegovina. “The Palestinian Authority is pushing for this as part of its strategy to internationalize the conflict. Bring in the Europeans and Russia and China. But such monitors or peacekeeping forces are not going to be able to bring peace. Only a decision by the Palestinians to stop the violence and restart talks could possibly do that.”

<<https://www.ord.io/70787305>>

<<<https://www.ord.io/74522515>>>

@ 04c915da:3dfbecc9

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

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

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

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

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

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

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

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

@ 87e98bb6:8d6616f4

Use this guide if you want to keep your NixOS on the stable branch, but enable unstable application packages. It took me a while to figure out how to do this, so I wanted to share because it ended up being far easier than most of the vague explanations online made it seem.

I put a sample configuration.nix file at the very bottom to help it make more sense for new users. Remember to keep a backup of your config file, just in case!

If there are any errors please let me know. I am currently running NixOS 24.11.

Steps listed in this guide: 1. Add the unstable channel to NixOS as a secondary channel. 2. Edit the configuration.nix to enable unstable applications. 3. Add "unstable." in front of the application names in the config file (example: unstable.program). This enables the install of unstable versions during the build. 4. Rebuild.

Step 1:

• Open the console. (If you want to see which channels you currently have, type: sudo nix-channel --list)
• Add the unstable channel, type: sudo nix-channel --add https://channels.nixos.org/nixpkgs-unstable unstable
• To update the channels (bring in the possible apps), type: sudo nix-channel --update

More info here: https://nixos.wiki/wiki/Nix_channels

Step 2:

Edit your configuration.nix and add the following around your current config:

``` { config, pkgs, lib, ... }:

let unstable = import { config = { allowUnfree = true; }; }; in {

    #insert normal configuration text here

  } #remember to close the bracket!

```

At this point it would be good to save your config and try a rebuild to make sure there are no errors. If you have errors, make sure your brackets are in the right places and/or not missing. This step will make for less troubleshooting later on if something happens to be in the wrong spot!

Step 3:

Add "unstable." to the start of each application you want to use the unstable version. (Example: unstable.brave)

Step 4:

Rebuild your config, type: sudo nixos-rebuild switch

---

Example configuration.nix file:

```

Config file for NixOS

{ config, pkgs, lib, ... }:

Enable unstable apps from Nix repository.

let unstable = import { config = { allowUnfree = true; }; }; in {

#Put your normal config entries here in between the tags. Below is what your applications list needs to look like.

environment.systemPackages = with pkgs; [ appimage-run blender unstable.brave #Just add unstable. before the application name to enable the unstable version. chirp discord ];

} # Don't forget to close bracket at the end of the config file!

``` That should be all. Hope it helps.

@ 21335073:a244b1ad

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

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

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

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

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

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

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

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

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

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

@ ae1008d2:a166d760

This is part one in a series of long-form content of my ideas as to what we are entering into in my opinion;The Roaring '20's 2.0 (working title). I hope you'll join me on this journey together.
"History does not repeat itself, but it often rhymes"; - Samuel Clemens, aka Mark Twain. My only class I received an A+ in high school was history, this opened up the opportunity for me to enroll in an AP (college level) history class my senior year. There was an inherent nature for me to study history. Another quote I found to live by; "If we do not study history, we are bound to repeat it", a paraphrased quote by the many great philosphers of old from Edmund Burke, George Santayana and even Winston Churchill, all pulling from the same King Solomon quote; "What has been will be again, what has been done will be done again; there is nothing new under the sun". My curiousity of human actions, psychological and therefore economical behavior, has benefitted me greatly throughout my life and career, at such a young age. Being able to 'see around the curves' ahead I thought was a gift many had, but was sorely mistaken. People are just built different. One, if not my hardest action for me is to share. I just do things; act, often without even thinking about writing down or sharing in anyway shape or form what I just did here with friends, what we just built or how we formed these startups, etc., I've finally made the time, mainly for myself, to share my thoughts and ideas as to where we are at, and what we can do moving forward. It's very easy for us living a sovereign-lifestyle in Bitcoin, Nostr and other P2P, cryptographically-signed sovereign tools and tech-stacks alike, permissionless and self-hostable, to take all these tools for granted. We just live with them. Use them everyday. Do you own property? Do you have to take care of the cattle everyday? To live a sovereign life is tough, but most rewarding. As mentioned above, I'm diving into the details in a several part series as to what the roaring '20's were about, how it got to the point it did, and the inevitable outcome we all know what came to be. How does this possibly repeat itself almost exactly a century later? How does Bitcoin play a role? Are we all really going to be replaced by AI robots (again, history rhymes here)? Time will tell, but I think most of us actually using the tools will also forsee many of these possible outcomes, as it's why we are using many of these tools today. The next parts of this series will be released periodically, maybe once per month, maybe once per quarter. I'll also be releasing these on other platforms like Medium for reach, but Nostr will always be first, most important and prioritized.
I'll leave you with one of my favorite quotes I've lived by from one of the greatest traders of all time, especially during this roaring '20's era, Jesse Livermore; "Money is made by sitting, not trading".

@ 57d1a264:69f1fee1

Deliberate (?) 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

@ 57d1a264:69f1fee1

Digital Psychology ↗

Wall of impact website showcase a collection of success metrics and micro case studies to create a clear, impactful visual of your brand's achievements. It also displays a Wall of love with an abundance of testimonials in one place, letting the sheer volume highlight your brand's popularity and customer satisfaction.

And like these, many others collections like Testimonial mashup that combine multiple testimonials into a fast-paced, engaging reel that highlights key moments of impact in an attention-grabbing format.

Awards and certifications of websites highlighting third-party ratings and verification to signal trust and quality through industry-recognized achievements and standards.

View them all at https://socialproofexamples.com/

https://stacker.news/items/984357

@ 3f770d65:7a745b24

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

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

Details:

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

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

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

---

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

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

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

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

Daily Highlights at the Lounge:

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

• 🔧 1:1 demos from app teams

• 🛍️ Merch available onsite

• 🧠 Impromptu lightning talks

• 🎤 Scheduled Meetups (details below)

---

🎯 Nostr Lounge Meetups

Wednesday, May 28 @ 1:00 PM

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

Thursday, May 29 @ 1:00 PM

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

---

🎙️ Nostr Talks at Bitcoin 2025

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

1. FROSTR Workshop: Multisig Nostr Signing

• 🕚 Time: 11:30 AM – 12:00 PM

• 📅 Date: Wednesday, May 28

• 📍 Location: Developer Zone

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

2. Panel: Decentralizing Social Media

• 🕑 Time: 2:00 PM – 2:30 PM

• 📅 Date: Thursday, May 29

• 📍 Location: Genesis Stage

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

• 👥 Speakers:

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

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

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

---

🌃 NOS VEGAS Meetup & Afterparty

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

What to Expect:

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

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

• 🛰️ Live-streamed via Tunestr

• 🧠 Nostr Education – Talks by nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq37amnwvaz7tmwdaehgu3dwfjkccte9ejx2un9ddex7umn9ekk2tcqyqlhwrt96wnkf2w9edgr4cfruchvwkv26q6asdhz4qg08pm6w3djg3c8m4j , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau , nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmwdaehgu3wd33xgetk9en82m30qqsgqke57uygxl0m8elstq26c4mq2erz3dvdtgxwswwvhdh0xcs04sc4u9p7d , nostr:nprofile1q9z8wumn8ghj7erzx3jkvmmzw4eny6tvw368wdt8da4kxamrdvek76mrwg6rwdngw94k67t3v36k77tev3kx7vn2xa5kjem9dp4hjepwd3hkxctvqyg8wumn8ghj7mn0wd68ytnhd9hx2qpqyaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgssuy4zk , nostr:nprofile1qy28wue69uhnzvpwxqhrqt33xgmn5dfsx5cqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyqqswavgevxe9gs43vwylumr7h656mu9vxmw4j6qkafc3nefphzpph8ssvcgf8 , and more.

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

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

• 🐦 Nostrich Flocking – Meet your favorite nyms IRL

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

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

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

---

Final Thoughts

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

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

@ 10f7c7f7:f5683da9

While I’m going to stand by what I said in my previous piece, minimise capital gains payments, don’t fund the government, get a loan against your bitcoin, but the wheels in my left curve brain have continued to turn, well that, and a few more of my 40PW insights. I mentioned about paying attention to the risks involved in terms of borrowing against your bitcoin, and hopefully ending up paying less in bitcoin at the end of the loan, even if you ultimately sold bitcoin to pay off the loan. However, the idea of losing control of the bitcoin I have spent a good deal of time and effort accumulating being out of my control has led me to reconsider. I also realised I didn’t fully flesh out some other topics that I think are relevant, not least time preference, specifically in relation to what you’re buying. The idea of realising a lump some of capital to live your dreams, buy a house or a cool car may be important, but it may be worth taking a step back and looking at what you’re purchasing. Are you only purchasing those things because you had been able to get this new money “tax free”? If that is the case, and the fiat is burning a hold in your pocket, maybe you’ve just found yourself with the same fiat brained mentality you have been working so hard to escape from while you have sacrificed and saved to stack sats.

While it may no longer be necessary to ask yourself whether a particular product or service is worth selling your bitcoin for because you’ve taken out a loan, it may still be worth asking yourself whether a particular loan fuelled purchase is worth forfeiting control of your keys for? Unlike the foolish 18 year-old, released into a world with their newly preapproved credit card, you need to take a moment and ask yourself:

Is the risk worth it?

Is the purchase worth it?

But also take a moment to consider a number of other things, are there fiat options?

Where in the cycle might you be?

Or if I’m thinking carefully about this, will whatever I’m buying hold its value (experiences may be more difficult to run the numbers on)?

The reason for asking these things, is that if you still have a foot in the fiat world, dealing with a fiat bank account, fiat institutions may still be very willing to provide you with a loan at a lower rate than a bitcoin backed loan. Particularly if you’re planning on using that money to buy a house; if you can qualify for a mortgage, get a mortgage, but if you need cash for a deposit, maybe that is where the bitcoin backed loan may come in. Then, it may be worth thinking about where are you in the bitcoin cycle? No one can answer this, but with the historic data we have, it appears logical that after some type of run up, prices may retrace (Dan Held’s supercycle withstanding).

Matteo Pellegrini with Daniel Prince provided a new perspective on this for me. Rather the riding the bull market gains all the way through to the bear market bottom, what happens if I chose to buy an asset that didn’t lose quite as much fiat value as bitcoin, for example, a Swiss Watch, or a tasteful, more mature sports car? If that was the purchase of choice, they suggested that you could enjoy the car, “the experience” for a year or two, then realise the four door estate was likely always the better option, sell it and be able to buy back as many, if not slightly more bitcoin that you originally sold (not financial, classic car or price prediction advice, I’m not accredited to advise pretty much anything). Having said that, it is a scenario I think worth thinking about when the bitcoin denominated dream car begins to make financial sense.

Then, as we begin to look forward to the near inevitable bear market (they are good for both stacking and grinding), if we’ve decided to take out a loan rather than sell, we then may ultimately need to increase our collateral to maintain loan to value requirements, as well as sell more bitcoin to cover repayments (if that’s the route we’re taking). This then moves us back into the domain of saying, well in actual fact we should just sell our bitcoin when we can get most dollar for it (or the coolest car), with a little extra to cover future taxes, it is probably better to sell near a top than a bottom. The balance between these two rather extreme positions could be to take out a fiat loan to buy the item and maybe sell sufficient bitcoin so you’re able to cover the loan for a period of time (less taxable events to keep track of and also deals with future uncertainty of bitcoin price). In this case, if the loan timeframe is longer than the amount of loan your sale can cover, by the time you need to sell anymore, the price should have recovered from a cycle bottom.

In this scenario, apart from the smaller portion of bitcoin you have had to sell, the majority of your stack can remain in cold storage, the loan you took out will be unsecured (particularly against your bitcoin), but even if it isn’t, the value of what you purchase maintains its value, you can in theory exit the loan at any point by selling the luxury item. Then within this scenario, if you had sold near a top, realised the car gave you a bad back or made you realise you staying humble is more important, sold it, paid off the loan, there may even be a chance you could buy back more bitcoin with the money you had left over from selling your bitcoin to fund the loan.

I have no idea of this could actually work, but to be honest, I’m looking forward to trying it out in the next 6-12 months, although I may keep my daily driver outside of my bitcoin strategy (kids still need a taxi service). Having said that, I think there are some important points to consider in addition to not paying capital gains tax (legally), as well as the opportunities of bitcoin loans. They are still very young products and to quote every trad-fi news outlet, “bitcoin is still a volatile asset”, these thought experiments are still worth working through. To push back on the Uber fiat journalist, Katie Martin, “Bitcoin has no obvious use case”, it does, it can be a store of value to hold or sell, it can be liquid and flexible collateral, but also an asset that moves independently of other assets to balance against fiat liabilities. The idea of being able to release some capital, enjoy the benefits of the capital for a period, before returning that capital to store value feels like a compelling one.

The important thing to remember is that there are a variety of options, whether selling for cash, taking out a bitcoin backed loan, taking out a fiat loan or some combination of each. Saying that, what I would think remains an important question to ask irrespective of the option you go for:

Is what I’m planning on buying, worth selling bitcoin for?

If it cannot pass this first question, maybe it isn’t worth purchasing to start with.

@ 21335073:a244b1ad

I want to see Nostr succeed. If you can think of a way I can help make that happen, I’m open to it. I’d like your suggestions.

My schedule’s shifting soon, and I could volunteer a few hours a week to a Nostr project. I won’t have more total time, but how I use it will change.

Why help? I care about freedom. Nostr’s one of the most powerful freedom tools I’ve seen in my lifetime. If I believe that, I should act on it.

I don’t care about money or sats. I’m not rich, I don’t have extra cash. That doesn’t drive me—freedom does. I’m volunteering, not asking for pay.

I’m not here for clout. I’ve had enough spotlight in my life; it doesn’t move me. If I wanted clout, I’d be on Twitter dropping basic takes. Clout’s easy. Freedom’s hard. I’d rather help anonymously. No speaking at events—small meetups are cool for the vibe, but big conferences? Not my thing. I’ll never hit a huge Bitcoin conference. It’s just not my scene.

That said, I could be convinced to step up if it’d really boost Nostr—as long as it’s legal and gets results.

In this space, I’d watch for social engineering. I watch out for it. I’m not here to make friends, just to help. No shade—you all seem great—but I’ve got a full life and awesome friends irl. I don’t need your crew or to be online cool. Connect anonymously if you want; I’d encourage it.

I’m sick of watching other social media alternatives grow while Nostr kinda stalls. I could trash-talk, but I’d rather do something useful.

Skills? I’m good at spotting social media problems and finding possible solutions. I won’t overhype myself—that’s weird—but if you’re responding, you probably see something in me. Perhaps you see something that I don’t see in myself.

If you need help now or later with Nostr projects, reach out. Nostr only—nothing else. Anonymous contact’s fine. Even just a suggestion on how I can pitch in, no project attached, works too. 💜

Creeps or harassment will get blocked or I’ll nuke my simplex code if it becomes a problem.

https://simplex.chat/contact#/?v=2-4&smp=smp%3A%2F%2FSkIkI6EPd2D63F4xFKfHk7I1UGZVNn6k1QWZ5rcyr6w%3D%40smp9.simplex.im%2FbI99B3KuYduH8jDr9ZwyhcSxm2UuR7j0%23%2F%3Fv%3D1-2%26dh%3DMCowBQYDK2VuAyEAS9C-zPzqW41PKySfPCEizcXb1QCus6AyDkTTjfyMIRM%253D%26srv%3Djssqzccmrcws6bhmn77vgmhfjmhwlyr3u7puw4erkyoosywgl67slqqd.onion

@ 348e7eb2:3b0b9790

Nostr-Konto erstellen - funktioniert

Nostr-Konto erstellen

Was der Button macht

Der folgende Code fügt einen Button hinzu, der per Klick einen Nostr-Anmeldedialog öffnet. Alle Schritte sind im Code selbst ausführlich kommentiert.

Erläuterungen:

• Dynamisches Nachladen: Das Script modal.js wird nur bei Klick nachgeladen, um Fehlermeldungen beim Initial-Load zu vermeiden.

• Parameter im Überblick:

• baseUrl: Quelle für API und Assets.

• an: App-Name für den Modal-Header.
• aa: Farbakzent ( als Hex).
• al: Sprache des Interfaces.
• am: Licht- oder Dunkelmodus.
• s: Empfohlene Nostr-Accounts
• afb/asb: Bunker-Modi für erhöhten Datenschutz.
• aan/aac: Steuerung der Rückgabe privater Schlüssel.
• arr/awr: Primal Relay als Lese- und Schreib-Relay.
• Callbacks:
• onComplete: Schließt das Modal, zeigt eine Bestätigung und bietet die Weiterleitung zu Primal an.
• onCancel: Schließt das Modal und protokolliert den Abbruch.

Damit ist der gesamte Code sichtbar, kommentiert und erklärt.

@ 08f96856:ffe59a09

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

ระบบเงินที่อิงกับอำนาจรัฐกำลังเข้าสู่ช่วงขาลง รัฐบาลทั่วโลกกำลังจมอยู่ในภาระหนี้ระดับประวัติการณ์ แม้แต่ประเทศมหาอำนาจก็เริ่มแสดงสัญญาณของภาวะเสี่ยงผิดนัดชำระหนี้ อัตราเงินเฟ้อกลายเป็นปัญหาเรื้อรังที่ไม่มีท่าทีจะหายไป ธนาคารที่เคยโอนฟรีเริ่มกลับมาคิดค่าธรรมเนียม และประชาชนก็เริ่มรู้สึกถึงการเสื่อมศรัทธาในระบบการเงินดั้งเดิม แม้จะยังพูดกันไม่เต็มเสียงก็ตาม

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

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

เทคโนโลยีเหล่านี้ไม่ใช่การเติบโตแบบปาฏิหาริย์ แต่มันคืบหน้าอย่างต่อเนื่องและมั่นคง และนั่นคือเหตุผลที่มันจะ “อยู่รอด” ได้ในระยะยาว เมื่อฐานของความน่าเชื่อถือไม่ใช่บริษัท รัฐบาล หรือทุน แต่คือสิ่งที่ตรวจสอบได้และเปลี่ยนกฎไม่ได้

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

หลายกรณีใช้งานที่เคยถูกทดลองในโลกคริปโตจะค่อย ๆ เคลื่อนเข้ามาสู่บิตคอยน์ เพราะโครงสร้างของมันแข็งแกร่งกว่า ไม่ต้องการทีมพัฒนาแกนกลาง ไม่ต้องพึ่งกลไกเสี่ยงต่อการผูกขาด และไม่ต้องการ “ความเชื่อใจ” จากใครเลย

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

ผู้คนอาจใช้เงินดิจิทัลที่สร้างบน Layer 3 หรือ Layer 4 ผ่านแอป ผ่านแพลตฟอร์ม หรือผ่านสกุลเงินใหม่ที่ดูไม่ต่างจากเดิม แต่เบื้องหลังของระบบจะผูกไว้กับบิตคอยน์

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

หากนับจากช่วงเริ่มต้นของอินเทอร์เน็ตในยุค 1990 จนกลายเป็นโครงสร้างหลักของโลกในสองทศวรรษ เส้นเวลาของบิตคอยน์ก็กำลังเดินตามรอยเท้าของอินเทอร์เน็ต และถ้าเราเชื่อว่าวัฏจักรของเทคโนโลยีมีจังหวะของมันเอง เราก็จะรู้ว่า Bitcoin Standard นั้นไม่ใช่เรื่องของอนาคตไกลโพ้น แต่มันเกิดขึ้นแล้ว

siamstr

@ 04c915da:3dfbecc9

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

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

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

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

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

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

@ 609f186c:0aa4e8af

Google 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.

@ 0e9491aa:ef2adadf

Humanity's Natural State Is Chaos
Without order there is chaos. Humans competing with each other for scarce resources naturally leads to conflict until one group achieves significant power and instates a "monopoly on violence."

Power Brings Stability
Power has always been the key means to achieve stability in societies. Centralized power can be incredibly effective in addressing issues such as crime, poverty, and social unrest efficiently. Unfortunately this power is often abused and corrupted.

Centralized Power Breeds Tyranny
Centralized power often leads to tyrannical rule. When a select few individuals hold control over a society, they tend to become corrupted. Centralized power structures often lack accountability and transparency, and rely too heavily on trust.

Distributed Power Cultivates Freedom
New technology that empowers individuals provide us the ability to rebuild societies from the bottom up. Strong individuals that can defend and provide for themselves will help build strong local communities on a similar foundation. The result is power being distributed throughout society rather than held by a select few.

In the short term, relying on trust and centralized power is an easy answer to mitigating chaos, but freedom tech tools provide us the ability to build on top of much stronger distributed foundations that provide stability while also cultivating individual freedom.

The solution starts with us. Empower yourself. Empower others. A grassroots freedom tech movement scaling one person at a time.

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

@ 04c915da:3dfbecc9

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

Concern

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

Usually stolen bitcoin for the reserve creates a perverse incentive. If governments see a 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.

@ 6389be64:ef439d32

GA, plebs. The latest episode of Bitcoin And is out, and, as always, the chicanery is running rampant. Let’s break down the biggest topics I covered, and if you want the full, unfiltered rant, make sure to listen to the episode linked below.

House Democrats’ MEME Act: A Bad Joke?

House Democrats are proposing a bill to ban presidential meme coins, clearly aimed at Trump’s and Melania’s ill-advised token launches. While grifters launching meme coins is bad, this bill is just as ridiculous. If this legislation moves forward, expect a retaliatory strike exposing how politicians like Pelosi and Warren mysteriously amassed their fortunes. Will it pass? Doubtful. But it’s another sign of the government’s obsession with regulating everything except itself.

Senate Banking’s First Digital Asset Hearing: The Real Target Is You

Cynthia Lummis chaired the first digital asset hearing, and—surprise!—it was all about control. The discussion centered on stablecoins, AML, and KYC regulations, with witnesses suggesting Orwellian measures like freezing stablecoin transactions unless pre-approved by authorities. What was barely mentioned? Bitcoin. They want full oversight of stablecoins, which is really about controlling financial freedom. Expect more nonsense targeting self-custody wallets under the guise of stopping “bad actors.”

Bank of America and PayPal Want In on Stablecoins

Bank of America’s CEO openly stated they’ll launch a stablecoin as soon as regulation allows. Meanwhile, PayPal’s CEO paid for a hat using Bitcoin—not their own stablecoin, Pi USD. Why wouldn’t he use his own product? Maybe he knows stablecoins aren’t what they’re hyped up to be. Either way, the legacy financial system is gearing up to flood the market with stablecoins, not because they love crypto, but because it’s a tool to extend U.S. dollar dominance.

MetaPlanet Buys the Dip

Japan’s MetaPlanet issued $13.4M in bonds to buy more Bitcoin, proving once again that institutions see the writing on the wall. Unlike U.S. regulators who obsess over stablecoins, some companies are actually stacking sats.

UK Expands Crypto Seizure Powers

Across the pond, the UK government is pushing legislation to make it easier to seize and destroy crypto linked to criminal activity. While they frame it as going after the bad guys, it’s another move toward centralized control and financial surveillance.

Bitcoin Tools & Tech: Arc, SatoChip, and Nunchuk

Some bullish Bitcoin developments: ARC v0.5 is making Bitcoin’s second layer more efficient, SatoChip now supports Taproot and Nostr, and Nunchuk launched a group wallet with chat, making multisig collaboration easier.

The Bottom Line

The state is coming for financial privacy and control, and stablecoins are their weapon of choice. Bitcoiners need to stay focused, keep their coins in self-custody, and build out parallel systems. Expect more regulatory attacks, but don’t let them distract you—just keep stacking and transacting in ways they can’t control.

🎧 Listen to the full episode here: https://fountain.fm/episode/PYITCo18AJnsEkKLz2Ks

💰 Support the show by boosting sats on Podcasting 2.0! and I will see you on the other side.

@ c631e267:c2b78d3e

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

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

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

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

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

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

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

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

[Titelbild: Pixabay]

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

@ dc4cd086:cee77c06

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• Allows users to pick representative frames from selected ranges

Going Forward:

Currently undergoing a rewrite to improve organization and functionality, but you are welcome to try the current version, though it might not work on every machine. Will support multiple open and closed language models for user choice Free and open-source, allowing for personal customization and integration with various knowledge bases. Just because we might not have it on our official Alexandria knowledge base, you are still welcome to use it on you own personal or community knowledge bases! We want to help find connections between ideas that exist across relays, allowing individuals and groups to mix and match knowledge bases between each other, allowing for any degree of openness you care.

While designed with #Alexandria users in mind, it's available for anyone to use and adapt to their own learning needs.

Screenshots

Frame Selection

This is a screenshot of the frame selection interface. You'll see a signal that represents frame entropy over time. The vertical lines indicate the start and end of a chapter. Within these chapters you can select the frames by clicking and dragging the mouse over the desired range where you think diagram is in that chapter. At the bottom is an option that tells the program to select a specific number of frames from that selection.

Diagram Extraction

This is a screenshot of the diagram extraction interface. For every selection you've made, there will be a set of frames that you can choose from. You can select and deselect as many frames as you'd like to save.

Links

• repo: https://github.com/limina1/video_article_converter
• Nostr Apps 101: https://www.youtube.com/watch?v=Flxa_jkErqE

Output

And now, we have a demonstration of the final result of this tool, with some quick cleaning up. The video we will be using this tool on is titled Nostr Apps 101 by nostr:npub1nxy4qpqnld6kmpphjykvx2lqwvxmuxluddwjamm4nc29ds3elyzsm5avr7 during Nostrasia. The following thread is an analog to the modular articles we are constructing for Alexandria, and I hope it conveys the functionality we want to create in the knowledge space. Note, this tool is the first step! You could use a different prompt that is most appropriate for the specific context of the transcript you are working with, but you can also manually clean up any discrepancies that don't portray the video accurately. You can now view the article on #Alexandria https://next-alexandria.gitcitadel.eu/publication?d=nostr-apps-101

Initially published as chained kind 1's nostr:nevent1qvzqqqqqqypzp5r5hd579v2sszvvzfel677c8dxgxm3skl773sujlsuft64c44ncqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgwwaehxw309ahx7uewd3hkctcpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7qghwaehxw309aex2mrp0yhxummnw3ezucnpdejz7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qqsxunmjy20mvlq37vnrcshkf6sdrtkfjtjz3anuetmcuv8jswhezgc7hglpn

Or view on Coracle https://coracle.social /nevent1qqsxunmjy20mvlq37vnrcshkf6sdrtkfjtjz3anuetmcuv8jswhezgcppemhxue69uhkummn9ekx7mp0qgsdqa9md83tz5yqnrqjw07hhkpmfjpkuv9hlh5v8yhu8z274w9dv7qnnq0s3

@ 6be5cc06:5259daf0

A seguir, veja como instalar e configurar o Privoxy no Pop!_OS.

---

1. Instalar o Tor e o Privoxy

Abra o terminal e execute:

bash sudo apt update sudo apt install tor privoxy

Explicação:

• Tor: Roteia o tráfego pela rede Tor.
• Privoxy: Proxy avançado que intermedia a conexão entre aplicativos e o Tor.

---

2. Configurar o Privoxy

Abra o arquivo de configuração do Privoxy:

bash sudo nano /etc/privoxy/config

Navegue até a última linha (atalho: Ctrl + / depois Ctrl + V para navegar diretamente até a última linha) e insira:

bash forward-socks5 / 127.0.0.1:9050 .

Isso faz com que o Privoxy envie todo o tráfego para o Tor através da porta 9050.

Salve (CTRL + O e Enter) e feche (CTRL + X) o arquivo.

---

3. Iniciar o Tor e o Privoxy

Agora, inicie e habilite os serviços:

bash sudo systemctl start tor sudo systemctl start privoxy sudo systemctl enable tor sudo systemctl enable privoxy

Explicação:

• start: Inicia os serviços.
• enable: Faz com que iniciem automaticamente ao ligar o PC.

---

4. Configurar o Navegador Firefox

Para usar a rede Tor com o Firefox:

1. Abra o Firefox.
2. Acesse Configurações → Configurar conexão.
3. Selecione Configuração manual de proxy.
4. Configure assim:
   • Proxy HTTP: 127.0.0.1
   • Porta: 8118 (porta padrão do Privoxy)
   • Domínio SOCKS (v5): 127.0.0.1
   • Porta: 9050
5. Marque a opção "Usar este proxy também em HTTPS".
6. Clique em OK.

---

5. Verificar a Conexão com o Tor

Abra o navegador e acesse:

text https://check.torproject.org/

Se aparecer a mensagem "Congratulations. This browser is configured to use Tor.", a configuração está correta.

---

Dicas Extras

• Privoxy pode ser ajustado para bloquear anúncios e rastreadores.
• Outros aplicativos também podem ser configurados para usar o Privoxy.

@ 348e7eb2:3b0b9790

Nostr-Konto erstellen

Nostr-Konto erstellen

Was der Button macht

Der folgende Code fügt einen Button hinzu, der per Klick einen Nostr-Anmeldedialog öffnet. Alle Schritte sind im Code selbst ausführlich kommentiert.

```html

Nostr-Konto erstellen

```

Erläuterungen:

• Dynamisches Nachladen: Das Script modal.js wird nur bei Klick nachgeladen, um Fehlermeldungen beim Initial-Load zu vermeiden.

• Parameter im Überblick:

• baseUrl: Quelle für API und Assets.

• an: App-Name für den Modal-Header.
• aa: Farbakzent (Foerbico-Farbe als Hex).
• al: Sprache des Interfaces.
• am: Licht- oder Dunkelmodus.
• afb/asb: Bunker-Modi für erhöhten Datenschutz.
• aan/aac: Steuerung der Rückgabe privater Schlüssel.
• arr/awr: Primal Relay als Lese- und Schreib-Relay.

• Callbacks:

• onComplete: Schließt das Modal, zeigt eine Bestätigung und bietet die Weiterleitung zu Primal an.

• onCancel: Schließt das Modal und protokolliert den Abbruch.

Damit ist der gesamte Code sichtbar, kommentiert und erklärt.

Accounts

as: [ 'npub1f7jar3qnu269uyx5p0e4v24hqxjnxysxudvujza2ur5ehltvdeqsly2fx9', 'npub1ak7mtjnyha96rjqjdaav7tkjjulcmx7vgmcd6map82vsags8dhtsmecgtd', 'npub1cmvrxn8k50ljamtqlcd3eqznqlnz50zpyp2q45dh0p5gcvyg84ksxezqps', 'npub14c3ffunyuzpl69y526dcknn785t35zvq6y63pvxvmfvghfj6dewqc0v55d', ],

      ## funzt#️⃣
      https://nstart.me/de?an=MeineApp&at=popup&am=light&aa=203a8f&asb=yes&s=npub1f7jar3qnu269uyx5p0e4v24hqxjnxysxudvujza2ur5ehltvdeqsly2fx9,npub1ak7mtjnyha96rjqjdaav7tkjjulcmx7vgmcd6map82vsags8dhtsmecgtd

@ 9e69e420:d12360c2

A new report from the National Sports Shooting Foundation (NSSF) shows that civilian firearm possession exceeded 490 million in 2022. The total from 1990 to 2022 is estimated at 491.3 million firearms. In 2022, over ten million firearms were domestically produced, leading to a total of 16,045,911 firearms available in the U.S. market.

Of these, 9,873,136 were handguns, 4,195,192 were rifles, and 1,977,583 were shotguns. Handgun availability aligns with the concealed carry and self-defense market, as all states allow concealed carry, with 29 having constitutional carry laws.

@ 57d1a264:69f1fee1

Payjoin 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

@ 0e9491aa:ef2adadf

What is KYC/AML?

• The acronym stands for Know Your Customer / Anti Money Laundering.
• In practice it stands for the surveillance measures companies are often compelled to take against their customers by financial regulators.
• Methods differ but often include: Passport Scans, Driver License Uploads, Social Security Numbers, Home Address, Phone Number, Face Scans.
• Bitcoin companies will also store all withdrawal and deposit addresses which can then be used to track bitcoin transactions on the bitcoin block chain.
• This data is then stored and shared. Regulations often require companies to hold this information for a set number of years but in practice users should assume this data will be held indefinitely. Data is often stored insecurely, which results in frequent hacks and leaks.  
• KYC/AML data collection puts all honest users at risk of theft, extortion, and persecution while being ineffective at stopping crime. Criminals often use counterfeit, bought, or stolen credentials to get around the requirements. Criminals can buy "verified" accounts for as little as $200. Furthermore, billions of people are excluded from financial services as a result of KYC/AML requirements.

During the early days of bitcoin most services did not require this sensitive user data, but as adoption increased so did the surveillance measures. At this point, most large bitcoin companies are collecting and storing massive lists of bitcoiners, our sensitive personal information, and our transaction history.

Lists of Bitcoiners

KYC/AML policies are a direct attack on bitcoiners. Lists of bitcoiners and our transaction history will inevitably be used against us.

Once you are on a list with your bitcoin transaction history that record will always exist. Generally speaking, tracking bitcoin is based on probability analysis of ownership change. Surveillance firms use various heuristics to determine if you are sending bitcoin to yourself or if ownership is actually changing hands.  You can obtain better privacy going forward by using collaborative transactions such as coinjoin to break this probability analysis.

Fortunately, you can buy bitcoin without providing intimate personal information. Tools such as peach, hodlhodl, robosats, azteco and bisq help; mining is also a solid option: anyone can plug a miner into power and internet and earn bitcoin by mining privately.

You can also earn bitcoin by providing goods and/or services that can be purchased with bitcoin. Long term, circular economies will mitigate this threat: most people will not buy bitcoin - they will earn bitcoin - most people will not sell bitcoin - they will spend bitcoin.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

---

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

@ e31e84c4:77bbabc0

Bitcoin and Fixed Income was Written By Wyatt O’Rourke. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: ultrahusky3@primal.net

Fiduciary duty is the obligation to act in the client’s best interests at all times, prioritizing their needs above the advisor’s own, ensuring honesty, transparency, and avoiding conflicts of interest in all recommendations and actions.

This is something all advisors in the BFAN take very seriously; after all, we are legally required to do so. For the average advisor this is a fairly easy box to check. All you essentially have to do is have someone take a 5-minute risk assessment, fill out an investment policy statement, and then throw them in the proverbial 60/40 portfolio. You have thousands of investment options to choose from and you can reasonably explain how your client is theoretically insulated from any move in the \~markets\~. From the traditional financial advisor perspective, you could justify nearly anything by putting a client into this type of portfolio. All your bases were pretty much covered from return profile, regulatory, compliance, investment options, etc. It was just too easy. It became the household standard and now a meme.

As almost every real bitcoiner knows, the 60/40 portfolio is moving into psyop territory, and many financial advisors get clowned on for defending this relic on bitcoin twitter. I’m going to specifically poke fun at the ‘40’ part of this portfolio.

The ‘40’ represents fixed income, defined as…

An investment type that provides regular, set interest payments, such as bonds or treasury securities, and returns the principal at maturity. It’s generally considered a lower-risk asset class, used to generate stable income and preserve capital.

Historically, this part of the portfolio was meant to weather the volatility in the equity markets and represent the “safe” investments. Typically, some sort of bond.

First and foremost, the fixed income section is most commonly constructed with U.S. Debt. There are a couple main reasons for this. Most financial professionals believe the same fairy tale that U.S. Debt is “risk free” (lol). U.S. debt is also one of the largest and most liquid assets in the market which comes with a lot of benefits.

There are many brilliant bitcoiners in finance and economics that have sounded the alarm on the U.S. debt ticking time bomb. I highly recommend readers explore the work of Greg Foss, Lawrence Lepard, Lyn Alden, and Saifedean Ammous. My very high-level recap of their analysis:

• A bond is a contract in which Party A (the borrower) agrees to repay Party B (the lender) their principal plus interest over time.

• The U.S. government issues bonds (Treasury securities) to finance its operations after tax revenues have been exhausted.

• These are traditionally viewed as “risk-free” due to the government’s historical reliability in repaying its debts and the strength of the U.S. economy

• U.S. bonds are seen as safe because the government has control over the dollar (world reserve asset) and, until recently (20 some odd years), enjoyed broad confidence that it would always honor its debts.

• This perception has contributed to high global demand for U.S. debt but, that is quickly deteriorating.

• The current debt situation raises concerns about sustainability.

• The U.S. has substantial obligations, and without sufficient productivity growth, increasing debt may lead to a cycle where borrowing to cover interest leads to more debt.

• This could result in more reliance on money creation (printing), which can drive inflation and further debt burdens.

In the words of Lyn Alden “Nothing stops this train”

Those obligations are what makes up the 40% of most the fixed income in your portfolio. So essentially you are giving money to one of the worst capital allocators in the world (U.S. Gov’t) and getting paid back with printed money.

As someone who takes their fiduciary responsibility seriously and understands the debt situation we just reviewed, I think it’s borderline negligent to put someone into a classic 60% (equities) / 40% (fixed income) portfolio without serious scrutiny of the client’s financial situation and options available to them. I certainly have my qualms with equities at times, but overall, they are more palatable than the fixed income portion of the portfolio. I don’t like it either, but the money is broken and the unit of account for nearly every equity or fixed income instrument (USD) is fraudulent. It’s a paper mache fade that is quite literally propped up by the money printer.

To briefly be as most charitable as I can – It wasn’t always this way. The U.S. Dollar used to be sound money, we used to have government surplus instead of mathematically certain deficits, The U.S. Federal Government didn’t used to have a money printing addiction, and pre-bitcoin the 60/40 portfolio used to be a quality portfolio management strategy. Those times are gone.

Now the fun part. How does bitcoin fix this?

Bitcoin fixes this indirectly. Understanding investment criteria changes via risk tolerance, age, goals, etc. A client may still have a need for “fixed income” in the most literal definition – Low risk yield. Now you may be thinking that yield is a bad word in bitcoin land, you’re not wrong, so stay with me. Perpetual motion machine crypto yield is fake and largely where many crypto scams originate. However, that doesn’t mean yield in the classic finance sense does not exist in bitcoin, it very literally does. Fortunately for us bitcoiners there are many other smart, driven, and enterprising bitcoiners that understand this problem and are doing something to address it. These individuals are pioneering new possibilities in bitcoin and finance, specifically when it comes to fixed income.

Here are some new developments –

Private Credit Funds – The Build Asset Management Secured Income Fund I is a private credit fund created by Build Asset Management. This fund primarily invests in bitcoin-backed, collateralized business loans originated by Unchained, with a secured structure involving a multi-signature, over-collateralized setup for risk management. Unchained originates loans and sells them to Build, which pools them into the fund, enabling investors to share in the interest income.

Dynamics

• Loan Terms: Unchained issues loans at interest rates around 14%, secured with a 2/3 multi-signature vault backed by a 40% loan-to-value (LTV) ratio.
• Fund Mechanics: Build buys these loans from Unchained, thus providing liquidity to Unchained for further loan originations, while Build manages interest payments to investors in the fund.

Pros

• The fund offers a unique way to earn income via bitcoin-collateralized debt, with protection against rehypothecation and strong security measures, making it attractive for investors seeking exposure to fixed income with bitcoin.

Cons

• The fund is only available to accredited investors, which is a regulatory standard for private credit funds like this.

Corporate Bonds – MicroStrategy Inc. (MSTR), a business intelligence company, has leveraged its corporate structure to issue bonds specifically to acquire bitcoin as a reserve asset. This approach allows investors to indirectly gain exposure to bitcoin’s potential upside while receiving interest payments on their bond investments. Some other publicly traded companies have also adopted this strategy, but for the sake of this article we will focus on MSTR as they are the biggest and most vocal issuer.

Dynamics

• Issuance: MicroStrategy has issued senior secured notes in multiple offerings, with terms allowing the company to use the proceeds to purchase bitcoin.

• Interest Rates: The bonds typically carry high-yield interest rates, averaging around 6-8% APR, depending on the specific issuance and market conditions at the time of issuance.

• Maturity: The bonds have varying maturities, with most structured for multi-year terms, offering investors medium-term exposure to bitcoin’s value trajectory through MicroStrategy’s holdings.

Pros

• Indirect Bitcoin exposure with income provides a unique opportunity for investors seeking income from bitcoin-backed debt.

• Bonds issued by MicroStrategy offer relatively high interest rates, appealing for fixed-income investors attracted to the higher risk/reward scenarios.

Cons

• There are credit risks tied to MicroStrategy’s financial health and bitcoin’s performance. A significant drop in bitcoin prices could strain the company’s ability to service debt, increasing credit risk.

• Availability: These bonds are primarily accessible to institutional investors and accredited investors, limiting availability for retail investors.

Interest Payable in Bitcoin – River has introduced an innovative product, bitcoin Interest on Cash, allowing clients to earn interest on their U.S. dollar deposits, with the interest paid in bitcoin.

Dynamics

• Interest Payment: Clients earn an annual interest rate of 3.8% on their cash deposits. The accrued interest is converted to Bitcoin daily and paid out monthly, enabling clients to accumulate Bitcoin over time.

• Security and Accessibility: Cash deposits are insured up to $250,000 through River’s banking partner, Lead Bank, a member of the FDIC. All Bitcoin holdings are maintained in full reserve custody, ensuring that client assets are not lent or leveraged.

Pros

• There are no hidden fees or minimum balance requirements, and clients can withdraw their cash at any time.

• The 3.8% interest rate provides a predictable income stream, akin to traditional fixed-income investments.

Cons

• While the interest rate is fixed, the value of the Bitcoin received as interest can fluctuate, introducing potential variability in the investment’s overall return.

• Interest rate payments are on the lower side

Admittedly, this is a very small list, however, these types of investments are growing more numerous and meaningful. The reality is the existing options aren’t numerous enough to service every client that has a need for fixed income exposure. I challenge advisors to explore innovative options for fixed income exposure outside of sovereign debt, as that is most certainly a road to nowhere. It is my wholehearted belief and call to action that we need more options to help clients across the risk and capital allocation spectrum access a sound money standard.

Additional Resources

• River: The future of saving is here: Earn 3.8% on cash. Paid in Bitcoin.

• Onramp: Bitcoin, The Emergent Asset Class

• MicroStrategy: MicroStrategy Announces Pricing of Offering of Convertible Senior Notes

---

Bitcoin and Fixed Income was Written By Wyatt O’Rourke. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: ultrahusky3@primal.net

@ 57d1a264:69f1fee1

LegoGPT 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

@ 3bf0c63f:aefa459d

Nostr: a quick introduction, attempt #2

Nostr doesn't subscribe to any ideals of "free speech" as these belong to the realm of politics and assume a big powerful government that enforces a common ruleupon everybody else.

Nostr instead is much simpler, it simply says that servers are private property and establishes a generalized framework for people to connect to all these servers, creating a true free market in the process. In other words, Nostr is the public road that each market participant can use to build their own store or visit others and use their services.

(Of course a road is never truly public, in normal cases it's ran by the government, in this case it relies upon the previous existence of the internet with all its quirks and chaos plus a hand of government control, but none of that matters for this explanation).

More concretely speaking, Nostr is just a set of definitions of the formats of the data that can be passed between participants and their expected order, i.e. messages between clients (i.e. the program that runs on a user computer) and relays (i.e. the program that runs on a publicly accessible computer, a "server", generally with a domain-name associated) over a type of TCP connection (WebSocket) with cryptographic signatures. This is what is called a "protocol" in this context, and upon that simple base multiple kinds of sub-protocols can be added, like a protocol for "public-square style microblogging", "semi-closed group chat" or, I don't know, "recipe sharing and feedback".

@ 0e9491aa:ef2adadf

The former seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.

The latter's future remains to be seen. Dependence on Tor, which has had massive reliability issues, and lack of strong privacy guarantees put it at risk.

— ODELL (@ODELL) October 27, 2022

The Basics

• Lightning is a protocol that enables cheap and fast native bitcoin transactions.
• At the core of the protocol is the ability for bitcoin users to create a payment channel with another user.
• These payment channels enable users to make many bitcoin transactions between each other with only two on-chain bitcoin transactions: the channel open transaction and the channel close transaction.
• Essentially lightning is a protocol for interoperable batched bitcoin transactions.
• It is expected that on chain bitcoin transaction fees will increase with adoption and the ability to easily batch transactions will save users significant money.
• As these lightning transactions are processed, liquidity flows from one side of a channel to the other side, on chain transactions are signed by both parties but not broadcasted to update this balance.
• Lightning is designed to be trust minimized, either party in a payment channel can close the channel at any time and their bitcoin will be settled on chain without trusting the other party.

There is no 'Lightning Network'

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise.
• There are many lightning channels between many different users and funds can flow across interconnected channels as long as there is a route through peers.
• If a lightning transaction requires multiple hops it will flow through multiple interconnected channels, adjusting the balance of all channels along the route, and paying lightning transaction fees that are set by each node on the route.

Example: You have a channel with Bob. Bob has a channel with Charlie. You can pay Charlie through your channel with Bob and Bob's channel with User C.

• As a result, it is not guaranteed that every lightning user can pay every other lightning user, they must have a route of interconnected channels between sender and receiver.

Lightning in Practice

• Lightning has already found product market fit and usage as an interconnected payment protocol between large professional custodians.
• They are able to easily manage channels and liquidity between each other without trust using this interoperable protocol.
• Lightning payments between large custodians are fast and easy. End users do not have to run their own node or manage their channels and liquidity. These payments rarely fail due to professional management of custodial nodes.
• The tradeoff is one inherent to custodians and other trusted third parties. Custodial wallets can steal funds and compromise user privacy.

Sovereign Lightning

• Trusted third parties are security holes.
• Users must run their own node and manage their own channels in order to use lightning without trusting a third party. This remains the single largest friction point for sovereign lightning usage: the mental burden of actively running a lightning node and associated liquidity management.
• Bitcoin development prioritizes node accessibility so cost to self host your own node is low but if a node is run at home or office, Tor or a VPN is recommended to mask your IP address: otherwise it is visible to the entire network and represents a privacy risk.
• This privacy risk is heightened due to the potential for certain governments to go after sovereign lightning users and compel them to shutdown their nodes. If their IP Address is exposed they are easier to target.
• Fortunately the tools to run and manage nodes continue to get easier but it is important to understand that this will always be a friction point when compared to custodial services.

The Potential Fracture of Lightning

• Any lightning user can choose which users are allowed to open channels with them.
• One potential is that professional custodians only peer with other professional custodians.
• We already see nodes like those run by CashApp only have channels open with other regulated counterparties. This could be due to performance goals, liability reduction, or regulatory pressure.

• Fortunately some of their peers are connected to non-regulated parties so payments to and from sovereign lightning users are still successfully processed by CashApp but this may not always be the case going forward.

Summary

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise. There is no singular 'Lightning Network' but rather many payment channels between distinct peers, some connected with each other and some not.
• Lightning as an interoperable payment protocol between professional custodians seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.
• Lightning as a robust sovereign payment protocol has yet to be battle tested. Heavy reliance on Tor, which has had massive reliability issues, the friction of active liquidity management, significant on chain fee burden for small amounts, interactivity constraints on mobile, and lack of strong privacy guarantees put it at risk.

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If you have never used lightning before, use this guide to get started on your phone.

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

@ 57d1a264:69f1fee1

Just 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&section=interactions&index=0&share-id=addba4d5-28a4-8022-8006-2ecc4316ebb2

originally posted at https://stacker.news/items/979728

@ 57d1a264:69f1fee1

Has 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

@ 76c71aae:3e29cafa

On social media and in the Nostr space in particular, there’s been a lot of debate about the idea of supporting deletion and editing of notes.

Some people think they’re vital features to have, others believe that more honest and healthy social media will come from getting rid of these features. The discussion about these features quickly turns to the feasibility of completely deleting something on a decentralized protocol. We quickly get to the “We can’t really delete anything from the internet, or a decentralized network.” argument. This crowds out how Delete and Edit can mimic elements of offline interactions, how they can be used as social signals.

When it comes to issues of deletion and editing content, what matters more is if the creator can communicate their intentions around their content. Sure, on the internet, with decentralized protocols, there’s no way to be sure something’s deleted. It’s not like taking a piece of paper and burning it. Computers make copies of things all the time, computers don’t like deleting things. In particular, distributed systems tend to use a Kafka architecture with immutable logs, it’s just easier to keep everything around, as deleting and reindexing is hard. Even if the software could be made to delete something, there’s always screenshots, or even pictures of screens. We can’t provably make something disappear.

What we need to do in our software is clearly express intention. A delete is actually a kind of retraction. “I no longer want to associate myself with this content, please stop showing it to people as part of what I’ve published, stop highlighting it, stop sharing it.” Even if a relay or other server keeps a copy, and keeps sharing it, being able to clearly state “hello world, this thing I said, was a mistake, please get rid of it.” Just giving users the chance to say “I deleted this” is a way of showing intention. It’s also a way of signaling that feedback has been heard. Perhaps the post was factually incorrect or perhaps it was mean and the person wants to remove what they said. In an IRL conversation, for either of these scenarios there is some dialogue where the creator of the content is learning something and taking action based on what they’ve learned.

Without delete or edit, there is no option to signal to the rest of the community that you have learned something because of how the content is structured today. On most platforms a reply or response stating one’s learning will be lost often in a deluge of replies on the original post and subsequent posts are often not seen especially when the original goes viral. By providing tools like delete and edit we give people a chance to signal that they have heard the feedback and taken action.

The Nostr Protocol supports delete and expiring notes. It was one of the reasons we switched from secure scuttlebutt to build on Nostr. Our nos.social app offers delete and while we know that not all relays will honor this, we believe it’s important to provide social signaling tools as a means of making the internet more humane.

We believe that the power to learn from each other is more important than the need to police through moral outrage which is how the current platforms and even some Nostr clients work today.

It’s important that we don’t say Nostr doesn’t support delete. Not all apps need to support requesting a delete, some might want to call it a retraction. It is important that users know there is no way to enforce a delete and not all relays may honor their request.

Edit is similar, although not as widely supported as delete. It’s a creator making a clear statement that they’ve created a new version of their content. Maybe it’s a spelling error, or a new version of the content, or maybe they’re changing it altogether. Freedom online means freedom to retract a statement, freedom to update a statement, freedom to edit your own content. By building on these freedoms, we’ll make Nostr a space where people feel empowered and in control of their own media.

@ 57d1a264:69f1fee1

We 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

@ 3bf0c63f:aefa459d

Drivechain

Understanding Drivechain requires a shift from the paradigm most bitcoiners are used to. It is not about "trustlessness" or "mathematical certainty", but game theory and incentives. (Well, Bitcoin in general is also that, but people prefer to ignore it and focus on some illusion of trustlessness provided by mathematics.)

Here we will describe the basic mechanism (simple) and incentives (complex) of "hashrate escrow" and how it enables a 2-way peg between the mainchain (Bitcoin) and various sidechains.

The full concept of "Drivechain" also involves blind merged mining (i.e., the sidechains mine themselves by publishing their block hashes to the mainchain without the miners having to run the sidechain software), but this is much easier to understand and can be accomplished either by the BIP-301 mechanism or by the Spacechains mechanism.

How does hashrate escrow work from the point of view of Bitcoin?

A new address type is created. Anything that goes in that is locked and can only be spent if all miners agree on the Withdrawal Transaction (WT^) that will spend it for 6 months. There is one of these special addresses for each sidechain.

To gather miners' agreement bitcoind keeps track of the "score" of all transactions that could possibly spend from that address. On every block mined, for each sidechain, the miner can use a portion of their coinbase to either increase the score of one WT^ by 1 while decreasing the score of all others by 1; or they can decrease the score of all WT^s by 1; or they can do nothing.

Once a transaction has gotten a score high enough, it is published and funds are effectively transferred from the sidechain to the withdrawing users.

If a timeout of 6 months passes and the score doesn't meet the threshold, that WT^ is discarded.

What does the above procedure mean?

It means that people can transfer coins from the mainchain to a sidechain by depositing to the special address. Then they can withdraw from the sidechain by making a special withdraw transaction in the sidechain.

The special transaction somehow freezes funds in the sidechain while a transaction that aggregates all withdrawals into a single mainchain WT^, which is then submitted to the mainchain miners so they can start voting on it and finally after some months it is published.

Now the crucial part: the validity of the WT^ is not verified by the Bitcoin mainchain rules, i.e., if Bob has requested a withdraw from the sidechain to his mainchain address, but someone publishes a wrong WT^ that instead takes Bob's funds and sends them to Alice's main address there is no way the mainchain will know that. What determines the "validity" of the WT^ is the miner vote score and only that. It is the job of miners to vote correctly -- and for that they may want to run the sidechain node in SPV mode so they can attest for the existence of a reference to the WT^ transaction in the sidechain blockchain (which then ensures it is ok) or do these checks by some other means.

What? 6 months to get my money back?

Yes. But no, in practice anyone who wants their money back will be able to use an atomic swap, submarine swap or other similar service to transfer funds from the sidechain to the mainchain and vice-versa. The long delayed withdraw costs would be incurred by few liquidity providers that would gain some small profit from it.

Why bother with this at all?

Drivechains solve many different problems:

It enables experimentation and new use cases for Bitcoin

Issued assets, fully private transactions, stateful blockchain contracts, turing-completeness, decentralized games, some "DeFi" aspects, prediction markets, futarchy, decentralized and yet meaningful human-readable names, big blocks with a ton of normal transactions on them, a chain optimized only for Lighting-style networks to be built on top of it.

These are some ideas that may have merit to them, but were never actually tried because they couldn't be tried with real Bitcoin or inferfacing with real bitcoins. They were either relegated to the shitcoin territory or to custodial solutions like Liquid or RSK that may have failed to gain network effect because of that.

It solves conflicts and infighting

Some people want fully private transactions in a UTXO model, others want "accounts" they can tie to their name and build reputation on top; some people want simple multisig solutions, others want complex code that reads a ton of variables; some people want to put all the transactions on a global chain in batches every 10 minutes, others want off-chain instant transactions backed by funds previously locked in channels; some want to spend, others want to just hold; some want to use blockchain technology to solve all the problems in the world, others just want to solve money.

With Drivechain-based sidechains all these groups can be happy simultaneously and don't fight. Meanwhile they will all be using the same money and contributing to each other's ecosystem even unwillingly, it's also easy and free for them to change their group affiliation later, which reduces cognitive dissonance.

It solves "scaling"

Multiple chains like the ones described above would certainly do a lot to accomodate many more transactions that the current Bitcoin chain can. One could have special Lightning Network chains, but even just big block chains or big-block-mimblewimble chains or whatnot could probably do a good job. Or even something less cool like 200 independent chains just like Bitcoin is today, no extra features (and you can call it "sharding"), just that would already multiply the current total capacity by 200.

Use your imagination.

It solves the blockchain security budget issue

The calculation is simple: you imagine what security budget is reasonable for each block in a world without block subsidy and divide that for the amount of bytes you can fit in a single block: that is the price to be paid in satoshis per byte. In reasonable estimative, the price necessary for every Bitcoin transaction goes to very large amounts, such that not only any day-to-day transaction has insanely prohibitive costs, but also Lightning channel opens and closes are impracticable.

So without a solution like Drivechain you'll be left with only one alternative: pushing Bitcoin usage to trusted services like Liquid and RSK or custodial Lightning wallets. With Drivechain, though, there could be thousands of transactions happening in sidechains and being all aggregated into a sidechain block that would then pay a very large fee to be published (via blind merged mining) to the mainchain. Bitcoin security guaranteed.

It keeps Bitcoin decentralized

Once we have sidechains to accomodate the normal transactions, the mainchain functionality can be reduced to be only a "hub" for the sidechains' comings and goings, and then the maximum block size for the mainchain can be reduced to, say, 100kb, which would make running a full node very very easy.

Can miners steal?

Yes. If a group of coordinated miners are able to secure the majority of the hashpower and keep their coordination for 6 months, they can publish a WT^ that takes the money from the sidechains and pays to themselves.

Will miners steal?

No, because the incentives are such that they won't.

Although it may look at first that stealing is an obvious strategy for miners as it is free money, there are many costs involved:

1. The cost of ceasing blind-merged mining returns -- as stealing will kill a sidechain, all the fees from it that miners would be expected to earn for the next years are gone;
2. The cost of Bitcoin price going down: If a steal is successful that will mean Drivechains are not safe, therefore Bitcoin is less useful, and miner credibility will also be hurt, which are likely to cause the Bitcoin price to go down, which in turn may kill the miners' businesses and savings;
3. The cost of coordination -- assuming miners are just normal businesses, they just want to do their work and get paid, but stealing from a Drivechain will require coordination with other miners to conduct an immoral act in a way that has many pitfalls and is likely to be broken over the months;
4. The cost of miners leaving your mining pool: when we talked about "miners" above we were actually talking about mining pools operators, so they must also consider the risk of miners migrating from their mining pool to others as they begin the process of stealing;
5. The cost of community goodwill -- when participating in a steal operation, a miner will suffer a ton of backlash from the community. Even if the attempt fails at the end, the fact that it was attempted will contribute to growing concerns over exaggerated miners power over the Bitcoin ecosystem, which may end up causing the community to agree on a hard-fork to change the mining algorithm in the future, or to do something to increase participation of more entities in the mining process (such as development or cheapment of new ASICs), which have a chance of decreasing the profits of current miners.

Another point to take in consideration is that one may be inclined to think a newly-created sidechain or a sidechain with relatively low usage may be more easily stolen from, since the blind merged mining returns from it (point 1 above) are going to be small -- but the fact is also that a sidechain with small usage will also have less money to be stolen from, and since the other costs besides 1 are less elastic at the end it will not be worth stealing from these too.

All of the above consideration are valid only if miners are stealing from good sidechains. If there is a sidechain that is doing things wrong, scamming people, not being used at all, or is full of bugs, for example, that will be perceived as a bad sidechain, and then miners can and will safely steal from it and kill it, which will be perceived as a good thing by everybody.

What do we do if miners steal?

Paul Sztorc has suggested in the past that a user-activated soft-fork could prevent miners from stealing, i.e., most Bitcoin users and nodes issue a rule similar to this one to invalidate the inclusion of a faulty WT^ and thus cause any miner that includes it in a block to be relegated to their own Bitcoin fork that other nodes won't accept.

This suggestion has made people think Drivechain is a sidechain solution backed by user-actived soft-forks for safety, which is very far from the truth. Drivechains must not and will not rely on this kind of soft-fork, although they are possible, as the coordination costs are too high and no one should ever expect these things to happen.

If even with all the incentives against them (see above) miners do still steal from a good sidechain that will mean the failure of the Drivechain experiment. It will very likely also mean the failure of the Bitcoin experiment too, as it will be proven that miners can coordinate to act maliciously over a prolonged period of time regardless of economic and social incentives, meaning they are probably in it just for attacking Bitcoin, backed by nation-states or something else, and therefore no Bitcoin transaction in the mainchain is to be expected to be safe ever again.

Why use this and not a full-blown trustless and open sidechain technology?

Because it is impossible.

If you ever heard someone saying "just use a sidechain", "do this in a sidechain" or anything like that, be aware that these people are either talking about "federated" sidechains (i.e., funds are kept in custody by a group of entities) or they are talking about Drivechain, or they are disillusioned and think it is possible to do sidechains in any other manner.

No, I mean a trustless 2-way peg with correctness of the withdrawals verified by the Bitcoin protocol!

That is not possible unless Bitcoin verifies all transactions that happen in all the sidechains, which would be akin to drastically increasing the blocksize and expanding the Bitcoin rules in tons of ways, i.e., a terrible idea that no one wants.

What about the Blockstream sidechains whitepaper?

Yes, that was a way to do it. The Drivechain hashrate escrow is a conceptually simpler way to achieve the same thing with improved incentives, less junk in the chain, more safety.

Isn't the hashrate escrow a very complex soft-fork?

Yes, but it is much simpler than SegWit. And, unlike SegWit, it doesn't force anything on users, i.e., it isn't a mandatory blocksize increase.

Why should we expect miners to care enough to participate in the voting mechanism?

Because it's in their own self-interest to do it, and it costs very little. Today over half of the miners mine RSK. It's not blind merged mining, it's a very convoluted process that requires them to run a RSK full node. For the Drivechain sidechains, an SPV node would be enough, or maybe just getting data from a block explorer API, so much much simpler.

What if I still don't like Drivechain even after reading this?

That is the entire point! You don't have to like it or use it as long as you're fine with other people using it. The hashrate escrow special addresses will not impact you at all, validation cost is minimal, and you get the benefit of people who want to use Drivechain migrating to their own sidechains and freeing up space for you in the mainchain. See also the point above about infighting.

See also

• Podcast episode with Ruben Somsen and Aaron van Wirdum explaining Drivechain
• Alternatives to Drivechain
• Drivechain comparison with Ethereum

@ 0e9491aa:ef2adadf

Bank run on every crypto bank then bank run on every "real" bank.

— ODELL (@ODELL) December 14, 2022

The four main banks of bitcoin and “crypto” are Signature, Prime Trust, Silvergate, and Silicon Valley Bank. Prime Trust does not custody funds themselves but rather maintains deposit accounts at BMO Harris Bank, Cross River, Lexicon Bank, MVB Bank, and Signature Bank. Silvergate and Silicon Valley Bank have already stopped withdrawals. More banks will go down before the chaos stops. None of them have sufficient reserves to meet withdrawals.

Bitcoin gives us all the ability to opt out of a system that has massive layers of counterparty risk built in, years of cheap money and broken incentives have layered risk on top of risk throughout the entire global economy. If you thought the FTX bank run was painful to watch, I have bad news for you: every major bank in the world is fractional reserve. Bitcoin held in self custody is unique in its lack of counterparty risk, as global market chaos unwinds this will become much more obvious.

The rules of bitcoin are extremely hard to change by design. Anyone can access the network directly without a trusted third party by using their own node. Owning more bitcoin does not give you more control over the network with all participants on equal footing.

Bitcoin is:
- money that is not controlled by a company or government
- money that can be spent or saved without permission
- money that is provably scarce and should increase in purchasing power with adoption

Bitcoin is money without trust. Whether you are a nation state, corporation, or an individual, you can use bitcoin to spend or save without permission. Social media will accelerate the already deteriorating trust in our institutions and as this trust continues to crumble the value of trust minimized money will become obvious. As adoption increases so should the purchasing power of bitcoin.

A quick note on "stablecoins," such as USDC - it is important to remember that they rely on trusted custodians. They have the same risk as funds held directly in bank accounts with additional counterparty risk on top. The trusted custodians can be pressured by gov, exit scam, or caught up in fraud. Funds can and will be frozen at will. This is a distinctly different trust model than bitcoin, which is a native bearer token that does not rely on any centralized entity or custodian.

Most bitcoin exchanges have exposure to these failing banks. Expect more chaos and confusion as this all unwinds. Withdraw any bitcoin to your own wallet ASAP.

Simple Self Custody Guide: https://werunbtc.com/muun
More Secure Cold Storage Guide: https://werunbtc.com/coldcard

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

@ 3bf0c63f:aefa459d

Personagens de jogos e símbolos

A sensação de "ser" um personagem em um jogo ou uma brincadeira talvez seja o mais próximo que eu tenha conseguido chegar do entendimento de um símbolo religioso.

A hóstia consagrada é, segundo a religião, o corpo de Cristo, mas nossa mente moderna só consegue concebê-la como sendo uma representação do corpo de Cristo. Da mesma forma outras culturas e outras religiões têm símbolos parecidos, inclusive nos quais o próprio participante do ritual faz o papel de um deus ou de qualquer coisa parecida.

"Faz o papel" é de novo a interpretação da mente moderna. O sujeito ali é a coisa, mas ele ao mesmo tempo que é também sabe que não é, que continua sendo ele mesmo.

Nos jogos de videogame e brincadeiras infantis em que se encarna um personagem o jogador é o personagem. não se diz, entre os jogadores, que alguém está "encenando", mas que ele é e pronto. nem há outra denominação ou outro verbo. No máximo "encarnando", mas já aí já é vocabulário jornalístico feito para facilitar a compreensão de quem está de fora do jogo.

@ 57d1a264:69f1fee1

Shanghai: 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

@ 3bf0c63f:aefa459d

A Causa

o Princípios de Economia Política de Menger é o único livro que enfatiza a CAUSA o tempo todo. os cientistas todos parecem não saber, ou se esquecer sempre, que as coisas têm causa, e que o conhecimento verdadeiro é o conhecimento da causa das coisas.

a causa é uma categoria metafísica muito superior a qualquer correlação ou resultado de teste de hipótese, ela não pode ser descoberta por nenhum artifício econométrico ou reduzida à simples antecedência temporal estatística. a causa dos fenômenos não pode ser provada cientificamente, mas pode ser conhecida.

o livro de Menger conta para o leitor as causas de vários fenômenos econômicos e as interliga de forma que o mundo caótico da economia parece adquirir uma ordem no momento em que você lê. é uma sensação mágica e indescritível.

quando eu te o recomendei, queria é te imbuir com o espírito da busca pela causa das coisas. depois de ler aquilo, você está apto a perceber continuidade causal nos fenômenos mais complexos da economia atual, enxergar as causas entre toda a ação governamental e as suas várias consequências na vida humana. eu faço isso todos os dias e é a melhor sensação do mundo quando o caos das notícias do caderno de Economia do jornal -- que para o próprio jornalista que as escreveu não têm nenhum sentido (tanto é que ele escreve tudo errado) -- se incluem num sistema ordenado de causas e consequências.

provavelmente eu sempre erro em alguns ou vários pontos, mas ainda assim é maravilhoso. ou então é mais maravilhoso ainda quando eu descubro o erro e reinsiro o acerto naquela racionalização bela da ordem do mundo econômico que é a ordem de Deus.

em scrap para T.P.

@ 3bf0c63f:aefa459d

Veterano não é dono de bixete

"VETERANO NÃO É DONO DE BIXETE". A frase em letras garrafais chama a atenção dos transeuntes neófitos. Paira sobre um cartaz amarelo que lista várias reclamações contra os "trotes machistas", que, na opinião do responsável pelo cartaz, "não é brincadeira, é opressão".

Eis aí um bizarro exemplo de como são as coisas: primeiro todos os universitários aprovam a idéia do trote, apoiam sua realização e até mesmo desejam sofrer o trote -- com a condição de o poderem aplicar eles mesmos depois --, louvam as maravilhas do mundo universitário, onde a suprema sabedoria se esconde atrás de rituais iniciáticos fora do alcance da imaginação do homem comum e rude, do pobre e do filhinho-de-papai das faculdades privadas; em suma: fomentam os mais baixos, os mais animalescos instintos, a crueldade primordial, destroem em si mesmos e nos colegas quaisquer valores civilizatórios que tivessem sobrado ali, ficando todos indistingüíveis de macacos agressivos e tarados.

Depois vêm aí com um cartaz protestar contra os assédios -- que sem dúvida acontecem em larguíssima escala -- sofridos pelas calouras de 17 anos e que, sendo também novatas no mundo universitário, ainda conservam um pouco de discernimento e pudor.

A incompreensão do fenômeno, porém, é tão grande, que os trotes não são identificados como um problema mental, uma doença que deve ser tratada e eliminada, mas como um sintoma da opressão machista dos homens às mulheres, um produto desta civilização paternalista que, desde que Deus é chamado "o Pai" e não "a Mãe", corrompe a benéfica, pura e angélica natureza do homem primitivo e o torna esta tão torpe criatura.

Na opinião dos autores desse cartaz é preciso, pois, continuar a destruir o que resta da cultura ocidental, e então esperar que haja trotes menos opressores.

@ 04c3c1a5:a94cf83d

Testing 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

Would love a test

nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau

| | | | | ------------------------ | - | - | | Quick'hthbdoiwenweuifier | | | | 1. Little | | |

ghtgehg

gwefjieqhf

MUCH BETTER

@ 0e9491aa:ef2adadf

The newly proposed RESTRICT ACT - is being advertised as a TikTok Ban, but is much broader than that, carries a $1M Fine and up to 20 years in prison️! It is unconstitutional and would create massive legal restrictions on the open source movement and free speech throughout the internet.

The Bill was proposed by: Senator Warner, Senator Thune, Senator Baldwin, Senator Fischer, Senator Manchin, Senator Moran, Senator Bennet, Senator Sullivan, Senator Gillibrand, Senator Collins, Senator Heinrich, and Senator Romney. It has broad support across Senators of both parties.

Corrupt politicians will not protect us. They are part of the problem. We must build, support, and learn how to use censorship resistant tools in order to defend our natural rights.

The RESTRICT Act, introduced by Senators Warner and Thune, aims to block or disrupt transactions and financial holdings involving foreign adversaries that pose risks to national security. Although the primary targets of this legislation are companies like Tik-Tok, the language of the bill could potentially be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open source tools or protocols like Bitcoin.

The Act creates a redundant regime paralleling OFAC without clear justification, it significantly limits the ability for injured parties to challenge actions raising due process concerns, and unlike OFAC it lacks any carve-out for protected speech. COINCENTER ON THE RESTRICT ACT

Full Text of Bill

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

@ 5391098c:74403a0e

(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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npub1ywcw97xsl93l0mqmdpshqx4yu507xqa8zy8p3l8vrkgkek90wm7qjhp74e npub1d9f66fpawpeyrdh9jkyccfdgut6u9ghufwly5gyttfy790mp88sqgx5v98 npub1cx5js2ma5gf7fqn7yv8sjtezvg3agfth7yyxhwywtqypkat493ksjm7yr8 npub1ykrmhyqc0mjhdf5mzuz37g3jkt5ma7v0uesmuyvhueaqs5ysfres02hqjd npub13k3ynlhc2ret9nvzamj4cgrnq9fx3uzyx8ral84tjtk5pmxqpcysdzrzgt npub1jdaa64eyuql4hd0244mp7z7n82egpmt2d79ny9avjufkpm5gz46shcdfng npub1ne99yarta29qxnsp0ssp6cpnnqmtwl8cvklenfcsg2fantuvf0zqmpxjxk npub1klwact0ar00r9uer7tzh2zq0ytx3f552tt8qavszdhvu6vpv3uzqwpkjqz npub124rja8qp7dartasr9wdh3kk78phxunzhmq8ar5ryd2anj2qwtcnsz3tuhs npub1c7kdmhhae7x40q8zq9eudgqm9wgz0q3av4nrgaqe2qqphqmqvczqhee447

@ 3bf0c63f:aefa459d

neuron.vim

I started using this neuron thing to create an update this same zettelkasten, but the existing vim plugin had too many problems, so I forked it and ended up changing almost everything.

Since the upstream repository was somewhat abandoned, most users and people who were trying to contribute upstream migrate to my fork too.

• https://github.com/fiatjaf/neuron.vim

@ 0e9491aa:ef2adadf

@matt_odell don't you even dare not ask about nostr!

— Kukks (Andrew Camilleri) (@MrKukks) May 18, 2021

Nostr first hit my radar spring 2021: created by fellow bitcoiner and friend, fiatjaf, and released to the world as free open source software. I was fortunate to be able to host a conversation with him on Citadel Dispatch in those early days, capturing that moment in history forever. Since then, the protocol has seen explosive viral organic growth as individuals around the world have contributed their time and energy to build out the protocol and the surrounding ecosystem due to the clear need for better communication tools.

nostr is to twitter as bitcoin is to paypal

As an intro to nostr, let us start with a metaphor:

twitter is paypal - a centralized platform plagued by censorship but has the benefit of established network effects

nostr is bitcoin - an open protocol that is censorship resistant and robust but requires an organic adoption phase

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.
 - Anyone can run a relay.
 - Anyone can interact with the protocol.
 - Relays can choose which messages they want to relay.
 - Users are identified by a simple public private key pair that they can generate themselves.

Nostr is often compared to twitter since there are nostr clients that emulate twitter functionality and user interface but that is merely one application of the protocol. Nostr is so much more than a mere twitter competitor. Nostr clients and relays can transmit a wide variety of data and clients can choose how to display that information to users. The result is a revolution in communication with implications that are difficult for any of us to truly comprehend.

Similar to bitcoin, nostr is an open and permissionless protocol. No person, company, or government controls it. Anyone can iterate and build on top of nostr without permission. Together, bitcoin and nostr are incredibly complementary freedom tech tools: censorship resistant, permissionless, robust, and interoperable - money and speech protected by code and incentives, not laws.

As censorship throughout the world continues to escalate, freedom tech provides hope for individuals around the world who refuse to accept the status quo. This movement will succeed on the shoulders of those who choose to stand up and contribute. We will build our own path. A brighter path.

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My Nostr Public Key: npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

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

@ 0e9491aa:ef2adadf

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"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.  A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world." - Eric Hughes, A Cypherpunk's Manifesto, 1993

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Privacy is essential to freedom. Without privacy, individuals are unable to make choices free from surveillance and control. Lack of privacy leads to loss of autonomy. When individuals are constantly monitored it limits our ability to express ourselves and take risks. Any decisions we make can result in negative repercussions from those who surveil us. Without the freedom to make choices, individuals cannot truly be free.

Freedom is essential to acquiring and preserving wealth. When individuals are not free to make choices, restrictions and limitations prevent us from economic opportunities. If we are somehow able to acquire wealth in such an environment, lack of freedom can result in direct asset seizure by governments or other malicious entities. At scale, when freedom is compromised, it leads to widespread economic stagnation and poverty. Protecting freedom is essential to economic prosperity.

The connection between privacy, freedom, and wealth is critical. Without privacy, individuals lose the freedom to make choices free from surveillance and control. While lack of freedom prevents individuals from pursuing economic opportunities and makes wealth preservation nearly impossible. No Privacy? No Freedom. No Freedom? No Wealth.

Rights are not granted. They are taken and defended. Rights are often misunderstood as permission to do something by those holding power. However, if someone can give you something, they can inherently take it from you at will. People throughout history have necessarily fought for basic rights, including privacy and freedom. These rights were not given by those in power, but rather demanded and won through struggle. Even after these rights are won, they must be continually defended to ensure that they are not taken away. Rights are not granted - they are earned through struggle and defended through sacrifice.

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

@ 3bf0c63f:aefa459d

On "zk-rollups" applied to Bitcoin

ZK rollups make no sense in bitcoin because there is no "cheap calldata". all data is already ~~cheap~~ expensive calldata.

There could be an onchain zk verification that allows succinct signatures maybe, but never a rollup.

What happens is: you can have one UTXO that contains multiple balances on it and in each transaction you can recreate that UTXOs but alter its state using a zk to compress all internal transactions that took place.

The blockchain must be aware of all these new things, so it is in no way "L2".

And you must have an entity responsible for that UTXO and for conjuring the state changes and zk proofs.

But on bitcoin you also must keep the data necessary to rebuild the proofs somewhere else, I'm not sure how can the third party responsible for that UTXO ensure that happens.

I think such a construct is similar to a credit card corporation: one central party upon which everybody depends, zero interoperability with external entities, every vendor must have an account on each credit card company to be able to charge customers, therefore it is not clear that such a thing is more desirable than solutions that are truly open and interoperable like Lightning, which may have its defects but at least fosters a much better environment, bringing together different conflicting parties, custodians, anyone.

@ 57d1a264:69f1fee1

You 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

@ 0e9491aa:ef2adadf

People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.

Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.

The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.

There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.

Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.

Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.

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

@ 3bf0c63f:aefa459d

Splitpages

The simplest possible service: it splitted PDF pages in half.

Created specially to solve the problem of those scanned books that come with two pages side-by-side as if they were a single page and are much harder to read on Kindle because of that.

It required me to learn about Heroku Buildpacks though, and fork or contribute to a Heroku Buildpack that embedded a mupdf binary.

• https://github.com/fiatjaf/splitpages
• https://splitpages.herokuapp.com/

@ 3bf0c63f:aefa459d

tempreites

My first library to get stars on GitHub, was a very stupid templating library that used just HTML and HTML attributes ("DSL-free"). I was inspired by http://microjs.com/ at the time and ended up not using the library. Probably no one ever did.

• https://github.com/fiatjaf/tempreites

@ 0e9491aa:ef2adadf

Bank run on every crypto bank then bank run on every "real" bank.

— ODELL (@ODELL) December 14, 2022

Good morning.

It looks like PacWest will fail today. It will be both the fifth largest bank failure in US history and the sixth major bank to fail this year. It will likely get purchased by one of the big four banks in a government orchestrated sale.  

March 8th - Silvergate Bank
March 10th - Silicon Valley Bank
March 12th - Signature Bank
March 19th - Credit Suisse
May 1st - First Republic Bank
May 4th - PacWest Bank?

PacWest is the first of many small regional banks that will go under this year. Most will get bought by the big four in gov orchestrated sales. This has been the playbook since 2008. Follow the incentives. Massive consolidation across the banking industry. PacWest gonna be a drop in the bucket compared to what comes next.

First, a hastened government led bank consolidation, then a public/private partnership with the remaining large banks to launch a surveilled and controlled digital currency network. We will be told it is more convenient. We will be told it is safer. We will be told it will prevent future bank runs. All of that is marketing bullshit. The goal is greater control of money. The ability to choose how we spend it and how we save it. If you control the money - you control the people that use it.

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

@ 3bf0c63f:aefa459d

litepub

A Go library that abstracts all the burdensome ActivityPub things and provides just the right amount of helpers necessary to integrate an existing website into the "fediverse" (what an odious name). Made for the gravity integration.

• https://godoc.org/github.com/fiatjaf/litepub

See also

-

@ 57d1a264:69f1fee1

Steve Jobs sent me an email saying “Great idea, thank you."

Wait, what? What was the great idea?

new guy at NeXT In October of 1991, I was a new Systems Engineer at NeXT. NeXT, of course, was the company Steve Jobs had founded after leaving Apple in 1985, and which eventually merged back into Apple in 1996. I was one of three employees in Canada, and I think NeXT had about 400 people total.

NeXTMail Mail on the NeXT Computer was pretty amazing in 1991. Multimedia! Fonts! Attachments! Sounds! It’s hard to overstate how cool that was compared to the command line email everybody was used to. Every NeXT user got this email from Steve when they started up their computer.

That message included an attachment of what NeXT called Lip Service, the crazy idea that you could embed an audio file inside an email message. Crazy.

i have an idea

NeXT automatically set everybody up with a first-initial last-name address in the usual way, so I was shayman@next.com, and the big guy was sjobs@next.com.

A few colleagues had somehow acquired cooler email aliases - single letter things, or their first name, or a nickname or an easier to spell version, or whatever. Turns out NeXT had set up some sort of form where you could request an email alias that would redirect to whatever your real email address was.

I also noticed that even though there were seven or eight people at NeXT named Steve, nobody was using the email alias steve@next.com.

So late one Friday night, two weeks into the job, I figured, naively, what the heck, nobody else seems to want it, so I filled in the form asking for steve@next.com to be forwarded to me, shayman@next.com.

In the back of my mind was a vague idea that maybe somebody would have to approve this. But no, it all got set up automatically, and …

Continue reading at https://blog.hayman.net/2025/05/06/from-steve-jobs-great-idea.html

originally posted at https://stacker.news/items/978825

@ 0e9491aa:ef2adadf

There must be a limit to how much data is transferred across the bitcoin network in order to keep the ability to run and use your own node accessible. A node is required to interact with the global bitcoin network - if you do not use your own node then you must trust someone else's node. If nodes become inaccessible to run then the network will centralize around the remaining entities that operate them - threatening the censorship resistance at the core of bitcoin's value prop. The bitcoin protocol uses three main mechanisms to keep node operation costs low - a fixed limit on the amount of data in each block, an automatic difficulty adjustment that regulates how many blocks are produced based on current mining hash rate, and a robust dynamic transaction fee market.

Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.

After the 2017 bitcoin fee spike we had six years of relative quiet to build tools that would be robust in a sustained high fee market. Fortunately our tools are significantly better now but many still need improvement. Most of the pain points we see today will be mitigated.

The reality is we were never going to be fully prepared - pressure is needed to show the pain points and provide strong incentives to mitigate them.

It will be incredibly interesting to watch how projects adapt under pressure. Optimistic we see great innovation here.

---

_If you are willing to wait for your transaction to confirm you can pay significantly lower fees. Learn best practices for reducing your fee burden here.

My guide for running and using your own bitcoin node can be found here._

---

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

@ d360efec:14907b5f

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

จากากรวิเคราะห์ทางเทคนิคสำหรับ #Bitcoin ในกรอบเวลา H2:

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

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

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

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

เฝ้าดู Price Action ที่ระดับนี้อย่างใกล้ชิดนะคะ! 📍

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

@ 3bf0c63f:aefa459d

questo.email

This was a thing done in a brief period I liked the idea of "indiewebcamp", a stupid movement of people saying everybody should have their site and post their lives in it.

From the GitHub postmortem:

questo.email was a service that integrated email addresses into the indieweb ecosystem by providing email-to-note and email-to-webmention triggers, which could be used for people to comment through webmention using their email addresses, and be replied, and also for people to send messages from their sites directly to the email addresses of people they knew; Questo also worked as an IndieAuth provider that used people's email addresses and Mozilla Persona.

It was live from December 2014 through December 2015.

Here's how the home page looked:

• https://github.com/fiatjaf/questo.email

See also

• jekmentions, another thing related to "indieweb"

@ eabee230:17fc7576

⚖️ຢ່າລືມສິ່ງທີ່ເຄີຍເກີດຂຶ້ນ ຮອດຊ່ວງທີ່ມີການປ່ຽນແປງລະບົບການເງິນຈາກລະບົບເງິນເກົ່າ ສູ່ລະບົບເງິນໃໝ່ມັນເຮັດໃຫ້ຄົນທີ່ລວຍກາຍເປັນຄົນທຸກໄດ້ເລີຍ ນ້ຳພັກນ້ຳແຮງທີ່ສະສົມມາດ້ວຍຄວາມເມື່ອຍແຕ່ບໍ່ສາມາດແລກເປັນເງິນລະບົບໃໝ່ໄດ້ທັງໝົດ ຖືກຈຳກັດຈຳນວນທີ່ກົດໝາຍວາງອອກມາໃຫ້ແລກ ເງິນທີ່ເຫຼືອນັ້ນປຽບຄືດັ່ງເສດເຈ້ຍ ເພາະມັນບໍ່ມີຢູ່ໃສຮັບອີກຕໍ່ໄປເພາະກົດໝາຍຈະນຳໃຊ້ສະກຸນໃໝ່ ປະຫວັດສາດເຮົາມີໃຫ້ເຫັນວ່າ ແລະ ເຄີຍຜ່ານມາແລ້ວຢ່າໃຫ້ຄົນລຸ້ນເຮົາຊຳ້ຮອຍເກົ່າ.

🕰️ຄົນທີ່ມີຄວາມຮູ້ ຫຼື ໃກ້ຊິດກັບແຫຼ່ງຂໍ້ມູນຂ່າວສານກໍຈະປ່ຽນເງິນທີ່ມີຢູ່ເປັນສິນສັບບໍ່ວ່າຈະເປັນທີ່ດິນ ແລະ ທອງຄຳທີ່ສາມາດຮັກສາມູນລະຄ່າໄດ້ເຮັດໃຫ້ເຂົາຍັງຮັກສາຄວາມມັ້ງຄັ້ງໃນລະບົບໃໝ່ໄດ້.

🕰️ໃຜທີ່ຕ້ອງການຈະຍ້າຍປະເທດກໍ່ຈະໃຊ້ສິ່ງທີ່ເປັນຊື່ກາງໃນການແລກປ່ຽນເປັນທີ່ຍ້ອມຮັບຫຼາຍນັ້ນກໍຄືທອງຄຳ ປ່ຽນຈາກເງິນລະບົບເກົ່າເປັນທອງຄຳເພື່ອທີ່ສາມາດປ່ຽນທອງຄຳເປັນສະກຸນເງິນທ້ອງຖິ່ນຢູ່ປະເທດປາຍທາງໄດ້.

🕰️ຈາກຜູ້ດີເມື່ອກ່ອນກາຍເປັນຄົນທຳມະດາຍ້ອນສັບສິນທີ່ມີ ບໍ່ສາມາດສົ່ງຕໍ່ສູ່ລູກຫຼານໄດ້. ການເກັບອອມເປັນສິ່ງທີ່ດີ ແຕ່ຖ້າໃຫ້ດີຕ້ອງເກັບອອມໃຫ້ຖືກບ່ອນ ຄົນທີ່ຮູ້ທັນປ່ຽນເງິນທີ່ມີຈາກລະບົບເກົ່າໄປສູ່ທອງຄຳ ເພາະທອງຄຳມັນເປັນສາກົນ.
ໃຜທີ່ເຂົ້າໃຈ ແລະ ມອງການໄກກວ່າກໍ່ສາມາດຮັກສາສິນສັບສູ່ລູກຫຼານໄດ້ ເກັບເຈ້ຍໃນປະລິມານທີ່ພໍໃຊ້ຈ່າຍ ປ່ຽນເຈ້ຍໃຫ້ເປັນສິ່ງທີ່ຮັກສາມູນລະຄ່າໄດ້ແທ້ຈິງ.

🕰️ເຮົາໂຊກດີທີ່ເຄີຍມີບົດຮຽນມາແລ້ວ ເກີດຂຶ້ນຈິງໃນປະເທດເຮົາບໍ່ໄດ້ຢາກໃຫ້ທັງໝົດແຕ່ຢາກໃຫ້ສຶກສາ ແລະ ຕັ້ງຄຳຖາມວ່າທີ່ຜ່ານມາມັນເປັນແບບນີ້ແທ້ບໍ່ ເງິນທີ່ລັດຄວາມຄຸມ ເງິນປະລິມານບໍ່ຈຳກັດ ການໃຊ້ກົດໝາຍແບບບັງຄັບ. ຖ້າຄອບຄົວຫຼືຄົນໃກ້ໂຕທີ່ຍູ່ໃນຊ່ວງເຫດການນັ້ນແຕ່ຕັດສິນໃຈຜິດພາດທີ່ບໍ່ປ່ຽນເຈ້ຍເປັນສິນສັບ. ນີ້ແມ່ນໂອກາດທີ່ຈະແກ້ໄຂຂໍ້ຜິດພາດນັ້ນໂດຍຫັນມາສຶກສາເງິນແທ້ຈິງແລ້ວແມ່ນຍັງກັນແທ້ ເວລາມີຄ່າສຶກສາບິດຄອຍ.

fiatcurrency #bitcoin #gold #history #paymentsolutions #laokip #laostr

@ 3bf0c63f:aefa459d

idea: Rumple

a payments network based on trust channels

This is the description of a Lightning-like network that will work only with credit or trust-based channels and exist alongside the normal Lightning Network. I imagine some people will think this is undesirable and at the same time very easy to do (such that if it doesn't exist yet it must be because no one cares), but in fact it is a very desirable thing -- which I hope I can establish below -- and at the same time a very non-trivial problem to solve, as the history of Ryan Fugger's Ripple project and posterior copies of it show.

Read these first to get the full context:

1. Ryan Fugger's Ripple
2. Ripple and the problem of the decentralized commit
3. The Lightning Network solves the problem of the decentralized commit
4. Parallel Chains

Explanation about the name

Since we're copying the fundamental Ripple idea from Ryan Fugger and since the name "Ripple" is now associated with a scam coin called XRP, and since Ryan Fugger has changed the name of his old website "Ripplepay" to "Rumplepay", we will follow his lead here. If "Ripplepay" was the name of a centralized prototype to the open peer-to-peer network "Ripple", now that the centralized version is called "Rumplepay" the peer-to-peer version must be called "Rumple".

Now the idea

Basically we copy the Lightning Network, but without HTLCs or channels being opened and closed with funds committed to them on multisig Bitcoin transactions published to the blockchain. Instead we use pure trust relationships like the original Ripple concept.

And we use the blockchain commit method, but instead of spending an absurd amount of money to use the actual Bitcoin blockchain instead we use a parallel chain.

How exactly -- a protocol proposal attempt

It could work like this:

The parallel chain, or "Rumple Chain"

1. We define a parallel chain with a genesis block;
2. Following blocks must contain a. the ID of the previous block; b. a list of up to 32768 entries of arbitrary 32-byte values; c. an ID constituted by sha256(the previous block ID + the merkle root of all the entries)
3. To be mined, each parallel block must be included in the Bitcoin chain according as explained above.

Now that we have a structure for a simple "blockchain" that is completely useless, just blocks over blocks of meaningless values, we proceed to the next step of assigning meaning to these values.

The off-chain payments network, or "Rumple Network"

1. We create a network of nodes that can talk to each other via TCP messages (all details are the same as the Lightning Network, except where mentioned otherwise);
2. These nodes can create trust channels to each other. These channels are backed by nothing except the willingness of one peer to pay the other what is owed.
3. When Alice creates a trust channel with Bob (Alice trusts Bob), contrary to what happens in the Lightning Network, it's A that can immediately receive payments through that channel, and everything A receives will be an IOU from Bob to Alice. So Alice should never open a channel to Bob unless Alice trusts Bob. But also Alice can choose the amount of trust it has in Bob, she can, for example, open a very small channel with Bob, which means she will only lose a few satoshis if Bob decides to exit scam her. (in the original Ripple examples these channels were always depicted as friend relationships, and they can continue being that, but it's expected -- given the experience of the Lightning Network -- that the bulk of the channels will exist between users and wallet provider nodes that will act as hubs).
4. As Alice receive a payment through her channel with Bob, she becomes a creditor and Bob a debtor, i.e., the balance of the channel moves a little to her side. Now she can use these funds to make payments over that channel (or make a payment that combines funds from multiple channels using MPP).
5. If at any time Alice decides to close her channel with Bob, she can send all the funds she has standing there to somewhere else (for example, another channel she has with someone else, another wallet somewhere else, a shop that is selling some good or service, or a service that will aggregate all funds from all her channels and send a transaction to the Bitcoin chain on her behalf).
6. If at any time Bob leaves the network Alice is entitled by Bob's cryptographic signatures to knock on his door and demand payment, or go to a judge and ask him to force Bob to pay, or share the signatures and commitments online and hurt Bob's reputation with the rest of the network (but yes, none of these things is good enough and if Bob is a very dishonest person none of these things is likely to save Alice's funds).

The payment flow

1. Suppose there exists a route Alice->Bob->Carol and Alice wants to send a payment to Carol.
2. First Alice reads an invoice she received from Carol. The invoice (which can be pretty similar or maybe even the same as BOLT11) contains a payment hash h and information about how to reach Carol's node, optionally an amount. Let's say it's 100 satoshis.
3. Using the routing information she gathered, Alice builds an onion and sends it to Bob, at the same time she offers to Bob a "conditional IOU". That stands for a signed commitment that Alice will owe Bob an 100 satoshis if in the next 50 blocks of the Rumple Chain there appears a block containing the preimage p such that sha256(p) == h.
4. Bob peels the onion and discovers that he must forward that payment to Carol, so he forwards the peeled onion and offers a conditional IOU to Carol with the same h. Bob doesn't know Carol is the final recipient of the payment, it could potentially go on and on.
5. When Carol gets the conditional IOU from Bob, she makes a list of all the nodes who have announced themselves as miners (which is not something I have mentioned before, but nodes that are acting as miners will must announce themselves somehow) and are online and bidding for the next Rumple block. Each of these miners will have previously published a random 32-byte value v they they intend to include in their next block.
6. Carol sends payments through routes to all (or a big number) of these miners, but this time the conditional IOU contains two conditions (values that must appear in a block for the IOU to be valid): p such that sha256(p) == h (the same that featured in the invoice) and v (which must be unique and constant for each miner, something that is easily verifiable by Carol beforehand). Also, instead of these conditions being valid for the next 50 blocks they are valid only for the single next block.
7. Now Carol broadcasts p to the mempool and hopes one of the miners to which she sent conditional payments sees it and, allured by the possibility of cashing in Carol's payment, includes p in the next block. If that does not happen, Carol can try again in the next block.

Why bother with this at all?

1. The biggest advantage of Lightning is its openness

   It has been said multiple times that if trust is involved then we don't need Lightning, we can use Coinbase, or worse, Paypal. This is very wrong. Lightning is good specially because it serves as a bridge between Coinbase, Paypal, other custodial provider and someone running their own node. All these can transact freely across the network and pay each other without worrying about who is in which provider or setup.

   Rumple inherits that openness. In a Rumple Network anyone is free to open new trust channels and immediately route payments to anyone else.

   Also, since Rumple payments are also based on the reveal of a preimage it can do swaps with Lightning inside a payment route from day one (by which I mean one can pay from Rumple to Lightning and vice-versa).

2. Rumple fixes Lightning's fragility

   Lightning is too fragile.

   It's known that Lightning is vulnerable to multiple attacks -- like the flood-and-loot attack, for example, although not an attack that's easy to execute, it's still dangerous even if failed. Given the existence of these attacks, it's important to not ever open channels with random anonymous people. Some degree of trust must exist between peers.

   But one does not even have to consider attacks. The creation of HTLCs is a liability that every node has to do multiple times during its life. Every initiated, received or forwarded payment require adding one HTLC then removing it from the commitment transaction.

   Another issue that makes trust needed between peers is the fact that channels can be closed unilaterally. Although this is a feature, it is also a bug when considering high-fee environments. Imagine you pay $2 in fees to open a channel, your peer may close that unilaterally in the next second and then you have to pay another $15 to close the channel. The opener pays (this is also a feature that can double as a bug by itself). Even if it's not you opening the channel, a peer can open a channel with you, make a payment, then clone the channel, and now you're left with, say, an output of 800 satoshis, which is equal to zero if network fees are high.

   So you should only open channels with people you know and know aren't going to actively try to hack you and people who are not going to close channels and impose unnecessary costs on you. But even considering a fully trusted Lightning Network, even if -- to be extreme -- you only opened channels with yourself, these channels would still be fragile. If some HTLC gets stuck for any reason (peer offline or some weird small incompatibility between node softwares) and you're forced to close the channel because of that, there are the extra costs of sweeping these UTXO outputs plus the total costs of closing and reopening a channel that shouldn't have been closed in the first place. Even if HTLCs don't get stuck, a fee renegotiation event during a mempool spike may cause channels to force-close, become valueless or settle for very high closing fee.

   Some of these issues are mitigated by Eltoo, others by only having channels with people you trust. Others referenced above, plus the the griefing attack and in general the ability of anyone to spam the network for free with payments that can be pending forever or a lot of payments fail repeatedly makes it very fragile.

   Rumple solves most of these problems by not having to touch the blockchain at all. Fee negotiation makes no sense. Opening and closing channels is free. Flood-and-loot is a non-issue. The griefing attack can be still attempted as funds in trust channels must be reserved like on Lightning, but since there should be no theoretical limit to the number of prepared payments a channel can have, the griefing must rely on actual amounts being committed, which prevents large attacks from being performed easily.

3. Rumple fixes Lightning's unsolvable reputation issues

   In the Lightning Conference 2019, Rusty Russell promised there would be pre-payments on Lightning someday, since everybody was aware of potential spam issues and pre-payments would be the way to solve that. Fast-forward to November 2020 and these pre-payments have become an apparently unsolvable problem[^thread-402]: no one knows how to implement them reliably without destroying privacy completely or introducing worse problems.

   Replacing these payments with tables of reputation between peers is also an unsolved problem[^reputation-lightning], for the same reasons explained in the thread above.

4. Rumple solves the hot wallet problem

   Since you don't have to use Bitcoin keys or sign transactions with a Rumple node, only your channel trust is at risk at any time.

5. Rumple ends custodianship

   Since no one is storing other people's funds, a big hub or wallet provider can be used in multiple payment routes, but it cannot be immediately classified as a "custodian". At best, it will be a big debtor.

6. Rumple is fun

   Opening channels with strangers is boring. Opening channels with friends and people you trust even a little makes that relationship grow stronger and the trust be reinforced. (But of course, like it happens in the Lightning Network today, if Rumple is successful the bulk of trust will be from isolated users to big reliable hubs.)

Questions or potential issues

1. So many advantages, yes, but trusted? Custodial? That's easy and stupid!

   Well, an enormous part of the current Lightning Network (and also onchain Bitcoin wallets) already rests on trust, mainly trust between users and custodial wallet providers like ZEBEDEE, Alby, Wallet-of-Satoshi and others. Worse: on the current Lightning Network users not only trust, they also expose their entire transaction history to these providers[^hosted-channels].

   Besides that, as detailed in point 3 of the previous section, there are many unsolvable issues on the Lightning protocol that make each sovereign node dependent on some level of trust in its peers (and the network in general dependent on trusting that no one else will spam it to death).

   So, given the current state of the Lightning Network, to trust peers like Rumple requires is not a giant change -- but it is still a significant change: in Rumple you shouldn't open a large trust channel with someone just because it looks trustworthy, you must personally know that person and only put in what you're willing to lose. In known brands that have reputation to lose you can probably deposit more trust, same for long-term friends, and that's all. Still it is probably good enough, given the existence of MPP payments and the fact that the purpose of Rumple is to be a payments network for day-to-day purchases and not a way to buy real estate.

2. Why would anyone run a node in this parallel chain?

   I don't know. Ideally every server running a Rumple Network node will be running a Bitcoin node and a Rumple chain node. Besides using it to confirm and publish your own Rumple Network transactions it can be set to do BMM mining automatically and maybe earn some small fees comparable to running a Lightning routing node or a JoinMarket yield generator.

   Also it will probably be very lightweight, as pruning is completely free and no verification-since-the-genesis-block will take place.

3. What is the maturity of the debt that exists in the Rumple Network or its legal status?

   By default it is to be understood as being payable on demand for payments occurring inside the network (as credit can be used to forward or initiate payments by the creditor using that channel). But details of settlement outside the network or what happens if one of the peers disappears cannot be enforced or specified by the network.

   Perhaps some standard optional settlement methods (like a Bitcoin address) can be announced and negotiated upon channel creation inside the protocol, but nothing more than that.

[^thread-402]: Read at least the first 10 messages of the thread to see how naïve proposals like you and me could have thought about are brought up and then dismantled very carefully by the group of people most committed to getting Lightning to work properly. [^reputation-lightning]: See also the footnote at Ripple and the problem of the decentralized commit. [^hosted-channels]: Although that second part can be solved by hosted channels.

@ 0e9491aa:ef2adadf

I often hear "bitcoin doesn't interest me, I'm not a finance person."

Ironically, the beauty of sound money is you don't have to be. In the current system you're expected to manage a diversified investment portfolio or pay someone to do it. Bitcoin will make that optional.

— ODELL (@ODELL) September 16, 2018

At first glance bitcoin often appears overwhelming to newcomers. It is incredibly easy to get bogged down in the details of how it works or different ways to use it. Enthusiasts, such as myself, often enjoy going down the deep rabbit hole of the potential of bitcoin, possible pitfalls and theoretical scenarios, power user techniques, and the developer ecosystem. If your first touch point with bitcoin is that type of content then it is only natural to be overwhelmed. While it is important that we have a thriving community of bitcoiners dedicated to these complicated tasks - the true beauty of bitcoin lies in its simplicity. Bitcoin is simply better money. It is the best money we have ever had.

Life is complicated. Life is hard. Life is full of responsibility and surprises. Bitcoin allows us to focus on our lives while relying on a money that is simple. A money that is not controlled by any individual, company, or government. A money that cannot be easily seized or blocked. A money that cannot be devalued at will by a handful of corrupt bureaucrat who live hundreds of miles from us. A money that can be easily saved and should increase in purchasing power over time without having to learn how to "build a diversified stock portfolio" or hire someone to do it for us.

Bitcoin enables all of us to focus on our lives - our friends and family - doing what we love with the short time we have on this earth. Time is scarce. Life is complicated. Bitcoin is the most simple aspect of our complicated lives. If we spend our scarce time working then we should be able to easily save that accrued value for future generations without watching the news or understanding complicated financial markets. Bitcoin makes this possible for anyone.

Yesterday was Mother's Day. Raising a human is complicated. It is hard, it requires immense personal responsibility, it requires critical thinking, but mothers figure it out, because it is worth it. Using and saving bitcoin is simple -  simply install an app on your phone. Every mother can do it. Every person can do it.

Life is complicated. Life is beautiful. Bitcoin is simple.

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

@ 0e9491aa:ef2adadf

Will 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.

@ 57d1a264:69f1fee1

Past week summary

From a Self Custody for Organizations perspective, after analyzing the existing protocols (Cerberus, 10xSecurityBTCguide and Glacier) and reading a bunch of relates articles and guides, have wrapped to the conclusion that this format it is good to have as reference. However, something else is needed. For example, a summary or a map of the whole process to provide an overview, plus a way to deliver all the information and the multy-process in a more enjoyable way. Not a job for this hackathon, but with the right collaborations I assume it's possible to: - build something that might introduce a bit more quests and gamification - provide a learning environment (with testnet funds) could also be crucial on educating those unfamiliar with bitcoin onchain dynamics.

Have been learning more and playing around practicing best accessibility practices and how it could be applied to a desktop software like Bitcoin Safe. Thanks to @johnjherzog for providing a screen recording of his first experience and @jasonb for suggesting the tools to be used. (in this case tested/testing on Windows with the Accessibility Insights app). Some insight shared have been also applied to the website, running a full accessibility check (under WCAG 2.2 ADA, and Section 508 standards) with 4 different plugins and two online tools. I recognize that not all of them works and analyze the same parameters, indeed they complement each other providing a more accurate review.

For Bitcoin Safe interface improvements, many suggestions have been shared with @andreasgriffin , including: - a new iconset, including a micro-set to display the number of confirmed blocs for each transaction - a redesigned History/Dashboard - small refinements like adding missing columns on the tables - allow the user to select which columns to be displayed - sorting of unconfirmed transactions - Defining a new style for design elements like mempool blocks and quick receive boxes You can find below some screenshots with my proposals that hopefully will be included in the next release.

Last achievement this week was to prepare the website https://Safe.BTC.pub, the container where all the outcomes f this experiment will be published. You can have a look, just consider it still WIP. Branding for the project has also been finalized and available in this penpot file https://design.penpot.app/#/workspace?team-id=cec80257-5021-8137-8005-eab60c043dd6&project-id=cec80257-5021-8137-8005-eab60c043dd8&file-id=95aea877-d515-80ac-8006-23a251886db3&page-id=132f519a-39f4-80db-8006-2a41c364a545

What's for next week

After spending most of the time learning and reading material, this coming week will be focused on deliverables. The goal as planned will be to provide: - Finalized Safe₿its brand and improve overall desktop app experience, including categorization of transactions and addresses - An accessibility report or guide for Bitcoin Safe and support to implement best practices - A first draft of the Self-Custody for Organizations guide/framework/protocol, ideally delivered through the website http://Safe.BTC.pub in written format, but also as FlowChart to help have an overview of the whole resources needed and the process itself. This will clearly define preparations and tools/hardwares needed to successfully complete the process.

To learn more about the project, you can visit: Designathon website: https://event.bitcoin.design/#project-recj4SVNLLkuWHpKq Discord channel: https://discord.com/channels/903125802726596648/1369200271632236574 Previous SN posts: https://stacker.news/items/974489/r/DeSign_r and https://stacker.news/items/974488/r/DeSign_r

Stay tuned, more will be happening this coming week

originally posted at https://stacker.news/items/977190

@ 0e9491aa:ef2adadf

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.

---

If you missed my nostr introduction post you can find it here. My nostr account can be found here.

---

We are nearly at the point that if something interesting is posted on a centralized social platform it will usually be posted by someone to nostr.

We are nearly at the point that if something interesting is posted exclusively to nostr it is cross posted by someone to various centralized social platforms.

We are nearly at the point that you can recommend a cross platform app that users can install and easily onboard without additional guides or resources.

As companies continue to build walls around their centralized platforms nostr posts will be the easiest to cross reference and verify - as companies continue to censor their users nostr is the best censorship resistant alternative - gradually then suddenly nostr will become the standard. 🫡

Current Nostr Stats

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

@ 0e9491aa:ef2adadf

Influencers would have you believe there is an ongoing binance bank run but bitcoin wallet data says otherwise.

- binance wallets are near all time highs
- bitfinex wallets are also trending up
- gemini and coinbase are being hit with massive withdrawals though

You should not trust custodians, they can rug you without warning. It is incredibly important you learn how to hold bitcoin yourself, but also consider not blindly trusting influencers with a ref link to shill you.

---

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

@ 3bf0c63f:aefa459d

Boardthreads

This was a very badly done service for turning a Trello list into a helpdesk UI.

Surprisingly, it had more paying users than Websites For Trello, which I was working on simultaneously and dedicating much more time to it.

The Neo4j database I used for this was a very poor choice, it was probably the cause of all the bugs.

-https://github.com/fiatjaf/boardthreads

@ 0e9491aa:ef2adadf

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

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

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

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

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

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

---

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

---

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

@ 3bf0c63f:aefa459d

bolt12 problems

• clients can't programatically build new offers by changing a path or query params (services like zbd.gg or lnurl-pay.me won't work)
• impossible to use in a load-balanced custodian way -- since offers would have to be pregenerated and tied to a specific lightning node.
• the existence of fiat currency fields makes it so wallets have to fetch exchange rates from somewhere on the internet (or offer a bad user experience), using HTTP which hurts user privacy.
• the vendor field is misleading, can be phished very easily, not as safe as a domain name.
• onion messages are an improvement over fake HTLC-based payments as a way of transmitting data, for sure. but we must decide if they are (i) suitable for transmitting all kinds of data over the internet, a replacement for tor; or (ii) not something that will scale well or on which we can count on for the future. if there was proper incentivization for data transmission it could end up being (i), the holy grail of p2p communication over the internet, but that is a very hard problem to solve and not guaranteed to yield the desired scalability results. since not even hints of attempting to solve that are being made, it's safer to conclude it is (ii).

bolt12 limitations

• not flexible enough. there are some interesting fields defined in the spec, but who gets to add more fields later if necessary? very unclear.
• services can't return any actionable data to the users who paid for something. it's unclear how business can be conducted without an extra communication channel.

bolt12 illusions

• recurring payments is not really solved, it is just a spec that defines intervals. the actual implementation must still be done by each wallet and service. the recurring payment cannot be enforced, the wallet must still initiate the payment. even if the wallet is evil and is willing to initiate a payment without the user knowing it still needs to have funds, channels, be online, connected etc., so it's not as if the services could rely on the payments being delivered in time.
• people seem to think it will enable pushing payments to mobile wallets, which it does not and cannot.
• there is a confusion of contexts: it looks like offers are superior to lnurl-pay, for example, because they don't require domain names. domain names, though, are common and well-established among internet services and stores, because these services have websites, so this is not really an issue. it is an issue, though, for people that want to receive payments in their homes. for these, indeed, bolt12 offers a superior solution -- but at the same time bolt12 seems to be selling itself as a tool for merchants and service providers when it includes and highlights features as recurring payments and refunds.
• the privacy gains for the receiver that are promoted as being part of bolt12 in fact come from a separate proposal, blinded paths, which should work for all normal lightning payments and indeed are a very nice solution. they are (or at least were, and should be) independent from the bolt12 proposal. a separate proposal, which can be (and already is being) used right now, also improves privacy for the receiver very much anway, it's called trampoline routing.

@ 99e7936f:d5d2197c

Staugefahr

Manchmal ist der Lehrer interessanter als der Unterrichtsinhalt. Man lernt dann beiläufig, obwohl  das Thema öde ist. Mir ging das vor vielen Jahren so, als ich in meiner Ausbildung zur Krankenschwester Inhalte zum Thema Hygiene lernen durfte. Unser Lehrer für Hygiene duschte morgens in der Schule, bevor er uns unterrichtete, damit er, sauber vor uns sitzend, glaubwürdig über die permanente Gefahr der Mikroorganismen im Klinikalltag reden konnte. Er lebte das, was er predigte. Er bot pathogenen Keimen keinen Nährboden. Er pflegte sich und seine Kleidung penibel. Er trug Hosen, Pullover und Schuhe aus den 70ern, die kaum Gebrauchsspuren aufwiesen. Er blieb Überzeugungen, die er einmal für richtig befunden hatte, treu, war aber stets bereit, etwas Neues anzunehmen, wenn dies Sinn machte. Bevor er jedoch Neues annahm, prüfte er mehrfach gründlich, las Fachliteratur und vermied Gespräche mit Experten.

Er versuchte damals, Entscheidungsträger in der Klinik darüber aufzuklären, wie man mit einfachen Mitteln Infektionen im Hause hätte minimieren können. Meist wurden seine Vorschläge nur zögerlich umgesetzt, obwohl seine Argumente fachlich richtig waren.

Mir kommt es heute mit dem Thema „Trauma“ und „traumatisierte Gesellschaft“ ähnlich vor. Niemand möchte sich mit dem Thema beschäftigen, obwohl doch alle wissen müssten, dass viele unangenehme Verhaltensweisen von Menschen im Alltag oder in der Politik etwas mit diesem Thema zu tun haben. Aber das Thema scheint irgendwie unbequem, mühsam und, vor allem, nicht greifbar.

Ein Trauma kann man genau so wenig sehen wie einen pathogenen Keim, deswegen scheint die Auseinandersetzung mit diesem Thema wie eine unappetitliche und lästige Pflichtaufgabe, die man nur mit spitzen Fingern anfasst, wenn überhaupt.

Wie kann man dieses dringend zu besprechende Thema „Trauma“ sichtbar machen?

Vielleicht geht das mit dem Bild vom Stau auf der Autobahn. Den kennt jeder. Und den Stau kann man nicht übersehen. Große leuchtende Schilder weisen auf ihn hin, damit man nicht unvorbereitet in ihn hinein fährt. Überall wird vor dem Stau gewarnt. Und trotzdem passiert er, denn wir sind der Stau, wir selbst machen den Stau.

Stau passiert, weil es Hindernisse auf unserem Weg gibt.

Der Stau ist VOR dem Hindernis. Die Traumafolgen sind gewissermaßen der Stau in unserem Leben, obwohl das Trauma HINTER uns liegt. Wie geht das? Ein Trauma liegt zeitlich gesehen zwar in der Vergangenheit, aber energetisch gesehen liegt es immer vor uns. Es begleitet uns, verfolgt uns, holt uns ein. Energie kennt kein VOR oder HINTER. Energie ist allgegenwärtig. Sobald das Trauma integriert ist, hört dieser Spuk auf. Aber ein nicht bearbeitetes Trauma stellt definitiv ein Hindernis auf unserem (Lebens)Weg dar. Es liegt dann VOR uns.

Dieser Vergleich humpelt ein wenig, zeigt aber dennoch die einfachen Mechanismen von Trauma auf, wie ich finde.

Auf der Autobahn gibt es also ein Hindernis. Entweder gibt es eine bekannte Baustelle, die wir bereits beim Planen der Route zur Kenntnis genommen haben (Trauma ist bereits gut bekannt). Oder es gibt einen Unfall auf der Strecke vor uns, den niemand absehen konnte (Das frühe Trauma wird in einer Alltagssituation plötzlich aktiviert). Jedenfalls stehen wir dann geplant oder ungeplant im Stau, vielmehr sind wir der Stau. Es geht nur langsam oder gar nicht mehr weiter, obwohl der (Lebens)Motor läuft. Bei Trauma ist das auch so. Trauma bewirkt ganz viel Entwicklungsverzögerung in einzelnen Lebensbereichen. Menschen erlernen mehrere Berufe, brauchen länger, um beruflich anzukommen, heiraten später, mehrfach oder nie. Menschen mit Trauma haben manchmal auch beruflich wie privat große Erfolge, fallen dann aber tief, um dadurch letztlich neu geboren zu werden. Trauma sieht man nicht immer auf den ersten Blick. Es kann auch hinter jeder normalen Fassade stecken. Je nach Schwere des Traumas, kann Trauma auch alle Lebensbereiche gleichermaßen treffen. Das  entspricht dann dem Pendler, der regelmäßig Sommer wie Winter im Stau steht und auch schon selbst mal eine Panne, im Stau stehend, hatte.

Man erreicht einfach nicht die Ziele, die man sich selbst gesteckt hat. Man kann dann versuchen, die nächste Abfahrt zu nehmen, einen Umweg zu fahren, während des Staus etwas anderes zu erledigen, sich selbst zu erzählen, dass ein Stau gar kein Hindernis sei, sondern eine prima Gelegenheit, um eine Pause zu machen. Und man kann andere Menschen anrufen und erklären, dass man später komme oder sonstiges tun. Aber man steht im Stau, man ist der Stau. Es geht nicht so weiter, wie gewünscht, und man muss das hinnehmen. Verschiedene unangenehme Gefühle melden sich zwangsläufig. Man stellt sich die Sinnfrage, man schaut, wie andere mit dem Stau umgehen, und man möchte gefühlt nie wieder in einem Stau stehen, weil es nervt. Es bringt einen nicht um, aber es nervt. Und es ist ja nicht das erste Mal. Man möchte so gern ein Leben haben ohne Stau. Das wär´s. Es nervt einfach. Und dann nach langer Zeit, mit Blick auf die Tankanzeige, geht es endlich weiter. Die Autos fahren langsam an und der Verkehr rollt wieder. Man wirft einen kurzen Blick auf das Verkehrshindernis und fährt dann zügig weiter. Denn man will nur noch weg von diesem Streckenabschnitt/ Lebensabschnitt. Der Stresspegel im Körper geht runter, man atmet durch und entspannt sich. Aber es war unschön. Nächstes Mal will man die Route besser planen oder gleich mit dem Zug fahren. Man ist erleichtert und hat endlich die Kontrolle über sein Leben zurück. Jetzt ist alles möglich.

Es gibt viele Parallelen zwischen einem Stau und einem Trauma bzw. den Traumafolgen.

Traumabewältigung ist jedoch viel schmerzhafter, als an einem Verkehrshindernis nach längerer Wartezeit einfach vorbei zu fahren. Und man verpasst auch mehr im Leben als nur eine Stunde Zeit, die man auf leblosem Asphalt verbringt. Der Preis, den man für Trauma bezahlt, ist kaum zu beziffern. Und ein Trauma wirft nicht nur die Sinnfrage auf, sondern auch die Frage nach der eigenen Identität. Im Stau auf der Autobahn weiß ich genau, wer ich bin. Aber nach einem frühen Trauma gehen einige Seelenanteile auf eine lange Reise. Und wenn ein Trauma später im Leben passiert, dann sagen Menschen: „Ich habe mich selbst nicht mehr wieder erkannt.“ Trauma wirbelt alles in Dir durcheinander. Und genau darin liegt die Chance. Du musst jedes Teil, jeden Aspekt Deiner Persönlichkeit einzeln in die Hand nehmen, an den richtigen Ort zurück legen, und dadurch lernst Du Dich selbst kennen (und lieben) wie nie zuvor. Der Gewinn von Traumaarbeit übersteigt den zuvor gezahlten Preis. Das nennt man dann posttraumatisches Wachstum. Man ist erleichtert und hat viel mehr als nur die Kontrolle über sein Leben zurück. Eigentlich ist das schon die ganze Geschichte.

Das riesige Problem an der Traumabewältigung ist halt, dass es ein so  schmerzhafter und langwieriger Prozess ist. Aber auch hier gibt es gute Nachrichten. Viel von dem Kummer, den wir „im Stau“ erleben, hat etwas mit unseren positiv wie negativ übertriebenen Erwartungen an uns und andere und dem verloren gegangenen Kulturwissen in Bezug auf das Thema „Trauma“ zu tun. Trauma hat die Eigenart, in Vergessenheit zu geraten. Daher gibt es viele falsche Verkehrsmeldungen diesbezüglich. Deswegen möchte ich mein Erfahrungswissen zum Thema „Trauma“ teilen, weil ich denke, dass das Ängste abbauen kann, sich diesem Thema auf ganz natürliche Weise anzunähern, vergleichbar mit der WDR-Produktion „der siebte Sinn“ und getreu dem Motto „Gefahr erkannt, Gefahr gebannt“.

Man kann jedes Problem aufbauschen oder sachlich betrachten. Und es macht einen riesigen Unterschied, ob man mit einem Problem allein gelassen wird, oder ob man wohlwollende und kundige Hilfe an der Seite hat. Und genau dies sind meine zentralen Kritikpunkte zum Thema. Das Thema „Trauma“ wird  als unlösbar hingestellt und dadurch unnötig aufgebauscht. Deswegen muss man dieses Thema quasi schon vermeiden, wenn man sich nicht den Tag verderben möchte. Und in der Folge werden von Experten Hilfen angepriesen, die aber leider oft nicht zuverlässig helfen können, weil das Thema ja unlösbar ist. Der verhängnisvolle Kreis schließt sich, und man kommt ins Schleudern.

Kulturwissen wird verfälscht und verdreht, ein übles Schleudertrauma entsteht.

Nein, mal im Ernst, ich möchte das Thema sachlich betrachten und zumindest Impulse für eine günstige Betrachtungsweise geben. Diese Impulse kommen aus meinen persönlichen Erfahrungen und aus Beobachtungen, die ich gemacht habe. Mir ist bewusst, dass jeder Mensch Verletzungen und spätere Probleme, die daraus resultieren, unterschiedlich erlebt. Aber vielleicht geht es gerade um diesen in unserer Kultur fehlenden analogen, lebendigen und authentischen Austausch von Nicht-Experten über die verschiedenen Verletzungen, die daraus resultierende Probleme und die ­- sehr wohl - vorhandenen Lösungen.

Trauma ist das, was man draus macht.

Ich persönlich kenne niemanden, der kein Trauma erlebt hat.

Leben bedeutet immer auch, dass man Verletzungen erlebt.

Trauma passiert jedem.

Trauma passiert auch robusten Menschen.

Bestimmte Traumata haben immer sehr ähnliche Traumafolgen. Man ist nicht alleine damit.

Menschen reagieren ähnlich auf bestimmte Ereignisse im Leben, das hängt mit unserem Menschsein, der Biologie und der Evolution zusammen.

Menschen reden nicht gern über ihr Trauma.

Menschen schämen sich für ihr Trauma.

Menschen geben sich selbst die Schuld für ihr Trauma.

Menschen versuchen alles, um ihr Trauma zu vergessen oder ungeschehen zu machen.

Menschen erleben einen tiefen Schmerz durch Trauma.

Menschen werden aggressiv, weil sie selber verletzt wurden.

Menschen werden durch Aggression selbst zum Täter. Diese Gefahr besteht zumindest.

Menschen lehnen sich selbst ab für diese aggressiven Impulse.

Alle Gefühle haben eine Funktion. Auch negative Gefühle haben eine Funktion.

Negative Gefühle beschützen unser Leben.

Deswegen sind auch negative Gefühle im bestimmten Maße gut.

Der Schmerz, der durch Trauma entsteht, hat jedoch eine besondere Funktion.

Streng genommen, ist er kein Gefühl, aber egal.

Er ist jedenfalls der letzte und wichtigste Hüter des Lebens. Man sollte ihn nicht übergehen oder versuchen, ihn weg zu machen. Er ist die rote Ampel, die den Stau regelt.

Eine rote Ampel in einem Stau zu ignorieren, ist verhängnisvoll.

Halte lieber an dieser roten Ampel im Stau, auch wenn es schmerzt.

Dieser Schmerz ist die schwierigste, aber auch wichtigste Herausforderung bei der Traumabewältigung, denn er verzögert Dein ohnehin gestautes Leben noch zusätzlich.

Wer es schafft, die Geduld aufzubringen und sich diesem Schmerz hinzugeben, der erlebt Wunder.

Dieses schlimmste Gefühl bringt Dir quasi Dein Leben und die grüne Welle zurück.

Wenn der Schmerz zu Dir kommt, dann heiße ihn willkommen.

Wir sind gesellschaftlich betrachtet mit unseren unguten Verhaltensweisen mittlerweile im Stau angekommen, und die Ampel, die den Stau regelt, steht auf Rot.

Je ehrlicher wir den Schmerz jetzt zulassen, spüren und nicht wegmachen, desto eher sind wir bereit, unbequeme Veränderungen, die vielleicht mit Verzicht, Orientierungslosigkeit und zaghaften Versuchen zu tun haben, zu beginnen. Im Schmerz wächst ein Bewusstsein dafür, was richtig ist. Und es wächst die Kraft, das Gute zu tun. Der Schmerz macht entschlossen. Der Schmerz zeigt, wo das Lebendige liegt und dass es schützenswert ist. Der Schmerz reduziert unseren Blick auf das Wesentliche, auf das Leben und die Liebe, was aufs Gleiche heraus kommt. Der Schmerz markiert einfach nur die Grenze des Lebens. Und deswegen ist er gut, besonders in diesen Tagen.

Heiße den Schmerz willkommen, er gibt uns alle Information FÜR das Leben.

@ 57d1a264:69f1fee1

Past week summary

From a Self Custody for Organizations perspective, after analyzing the existing protocols (Cerberus, 10xSecurityBTCguide and Glacier) and reading a bunch of relates articles and guides, have wrapped to the conclusion that this format it is good to have as reference. However, something else is needed. For example, a summary or a map of the whole process to provide an overview, plus a way to deliver all the information and the multy-process in a more enjoyable way. Not a job for this hackathon, but with the right collaborations I assume it's possible to: - build something that might introduce a bit more quests and gamification - provide a learning environment (with testnet funds) could also be crucial on educating those unfamiliar with bitcoin onchain dynamics.

Have been learning more and playing around practicing best accessibility practices and how it could be applied to a desktop software like Bitcoin Safe. Thanks to @johnjherzog for providing a screen recording of his first experience and @jasonbohio for suggesting the tools to be used. (in this case tested/testing on Windows with the Accessibility Insights app). Some insight shared have been also applied to the website, running a full accessibility check (under WCAG 2.2 ADA, and Section 508 standards) with 4 different plugins and two online tools. I recognize that not all of them works and analyze the same parameters, indeed they complement each other providing a more accurate review.

For Bitcoin Safe interface improvements, many suggestions have been shared with @andreasgriffin , including: - a new iconset, including a micro-set to display the number of confirmed blocs for each transaction - a redesigned History/Dashboard - small refinements like adding missing columns on the tables - allow the user to select which columns to be displayed - sorting of unconfirmed transactions - Defining a new style for design elements like mempool blocks and quick receive boxes You can find below some screenshots with my proposals that hopefully will be included in the next release.

Last achievement this week was to prepare the website https://Safe.BTC.pub, the container where all the outcomes f this experiment will be published. You can have a look, just consider it still WIP. Branding for the project has also been finalized and available in this penpot file https://design.penpot.app/#/workspace?team-id=cec80257-5021-8137-8005-eab60c043dd6&project-id=cec80257-5021-8137-8005-eab60c043dd8&file-id=95aea877-d515-80ac-8006-23a251886db3&page-id=132f519a-39f4-80db-8006-2a41c364a545

What's for next week

After spending most of the time learning and reading material, this coming week will be focused on deliverables. The goal as planned will be to provide: - Finalized Safe₿its brand and improve overall desktop app experience, including categorization of transactions and addresses - An accessibility report or guide for Bitcoin Safe and support to implement best practices - A first draft of the Self-Custody for Organizations guide/framework/protocol, ideally delivered through the website http://Safe.BTC.pub in written format, but also as FlowChart to help have an overview of the whole resources needed and the process itself. This will clearly define preparations and tools/hardwares needed to successfully complete the process.

To learn more about the project, you can visit: Designathon website: https://event.bitcoin.design/#project-recj4SVNLLkuWHpKq Discord channel: https://discord.com/channels/903125802726596648/1369200271632236574 Previous SN posts: https://stacker.news/items/974489/r/DeSign_r and https://stacker.news/items/974488/r/DeSign_r

Stay tuned, more will be happening this coming week

originally posted at https://stacker.news/items/977180

@ 5d4b6c8d:8a1c1ee3

You'd think I'd be most excited to talk about that awesome Pacers game, but, no. What I'm most excited about this week is that @grayruby wants to continue Beefing with Cowherd.

Still, I am excited to talk about Tyrese Haliburton becoming a legendary Knicks antagonist. Unfortunately, the Western Conference Finals are not as exciting. Also, why was the MVP announcement so dumb?

The T20k cricket contest is tightening up, as we head towards the finish. Can @Coinsreporter hold on to his vanishing lead?

@Carresan has launched Football Madness. Let's see if we understand whatever the hell this is any better than we did last week.

On this week's Blok'd Shots, we'll ridicule Canada for their disgraceful loss in the World Championships and talk about the very dominant American Florida Panthers, who are favorites to win the Stanley Cup.

Are the Colorado the worst team in MLB history?

The Tush Push has survived another season. Will the NFL eventually ban it or will teams adjust?

Plus, whatever else Stackers want to talk about.

https://stacker.news/items/987399

@ 30611079:ecac89f8

Um Shell Script simples para facilitar backups bip39 baseados nos números das palavras, coloque o script na mesma pasta que o arquivo contendo as palavras, passe o idioma no 1º argumento (Ex. english) e as palavras em sequência, a saída serão os números correspondentes as palavras passadas no idioma selecionado

```

!/bin/bash

Enter in correct diretory

if [ ${0%/} == $0 ]; then cd ${PWD} elif [ -e ${PWD}/${0%/} ]; then cd ${PWD}/${0%/} else cd ${0%/} fi

file="$1.txt"

index=0 numbers=() for word in "$@"; do while IFS= read -r linha; do if [[ "$linha" == "$word" ]]; then numbers+=($index) break fi ((index++)) done < "$file" index=0 done echo "${numbers[@]}" ```

Fiz para aprender um pouco de Shell Script, podem dizer se está bom e se dá para melhorar algo?

Também fiz outro que faz o processo reverso

@ c631e267:c2b78d3e

Information ohne Reflexion ist geistiger Flugsand. \ Ernst Reinhardt

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

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

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

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

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

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

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

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

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

[Titelbild: Pixabay]

---

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

@ 30b99916:3cc6e3fe

sourcegraph #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:

1. First checking if Vault is installed and running
2. Setting up communication with the Vault server using its API address
3. Performing the requested action by sending the appropriate commands to Vault
4. 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:

1. Authentication flow: The script helps you log in using either a token or username/password, then stores your authentication token for future commands.

2. 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.

3. Secret management: The script handles creating, reading, updating, and deleting secrets, supporting both single values and multiple key-value pairs at a path.

4. 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.

5. 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

1. When you run the script, it first loads a configuration file (BTCwalletCfg.xml) that contains information about which wallets you have installed.

2. 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.

3. 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:

1. Asks which wallet you want to use (Sparrow, GreenWallet, or Wasabi)
2. Checks if HashiCorp Vault is running and starts it if needed
3. Verifies the script's integrity by comparing file hashes
4. Asks if you want to use hot or cold storage
5. 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
6. For hot storage, it simply starts the wallet application with default settings

Stopping a Wallet

When stopping a wallet, the script:

1. Checks if the wallet is still running and asks you to close it first if needed
2. For cold storage wallets, it moves any wallet files back to the encrypted container
3. Dismounts the encrypted container
4. 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.

@ cae03c48:2a7d6671

Bitcoin Magazine

Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock 

Strategy 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.

@ 3bf0c63f:aefa459d

The Lightning Network solves the problem of the decentralized commit

Before reading this, see Ripple and the problem of the decentralized commit.

The Bitcoin Lightning Network can be thought as a system similar to Ripple: there are conditional IOUs (HTLCs) that are sent in "prepare"-like messages across a route, and a secret p that must travel from the final receiver backwards through the route until it reaches the initial sender and possession of that secret serves to prove the payment as well as to make the IOU hold true.

The difference is that if one of the parties don't send the "acknowledge" in time, the other has a trusted third-party with its own clock (that is the clock that is valid for everybody involved) to complain immediately at the timeout: the Bitcoin blockchain. If C has p and B isn't acknowleding it, C tells the Bitcoin blockchain and it will force the transfer of the amount from B to C.

Differences (or 1 upside and 3 downside)

1. The Lightning Network differs from a "pure" Ripple network in that when we send a "prepare" message on the Lightning Network, unlike on a pure Ripple network we're not just promising we will owe something -- instead we are putting the money on the table already for the other to get if we are not responsive.

2. The feature above removes the trust element from the equation. We can now have relationships with people we don't trust, as the Bitcoin blockchain will serve as an automated escrow for our conditional payments and no one will be harmed. Therefore it is much easier to build networks and route payments if you don't always require trust relationships.

3. However it introduces the cost of the capital. A ton of capital must be made available in channels and locked in HTLCs so payments can be routed. This leads to potential issues like the ones described in https://twitter.com/joostjgr/status/1308414364911841281.

4. Another issue that comes with the necessity of using the Bitcoin blockchain as an arbiter is that it may cost a lot in fees -- much more than the value of the payment that is being disputed -- to enforce it on the blockchain.[^closing-channels-for-nothing]

Solutions

Because the downsides listed above are so real and problematic -- and much more so when attacks from malicious peers are taken into account --, some have argued that the Lightning Network must rely on at least some trust between peers, which partly negate the benefit.

The introduction of purely trust-backend channels is the next step in the reasoning: if we are trusting already, why not make channels that don't touch the blockchain and don't require peers to commit large amounts of capital?

The reason is, again, the ambiguity that comes from the problem of the decentralized commit. Therefore hosted channels can be good when trust is required only from one side, like in the final hops of payments, but they cannot work in the middle of routes without eroding trust relationships between peers (however they can be useful if employed as channels between two nodes ran by the same person).

The next solution is a revamped pure Ripple network, one that solves the problem of the decentralized commit in a different way.

[^closing-channels-for-nothing]: That is even true when, for reasons of the payment being so small that it doesn't even deserve an actual HTLC that can be enforced on the chain (as per the protocol), even then the channel between the two nodes will be closed, only to make it very clear that there was a disagreement. Leaving it online would be harmful as one of the peers could repeat the attack again and again. This is a proof that ambiguity, in case of the pure Ripple network, is a very important issue.

@ cae03c48:2a7d6671

Bitcoin Magazine

H100 Group Became The First Publicly Listed Bitcoin Treasury Company In Sweden

H100 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.

@ 57d1a264:69f1fee1

Finale: once the industry-standard of music notation software, now a cautionary tale. In this video, I explore how it slowly lost its crown through decades of missed opportunities - eventually leading to creative collapse due to various bureaucratic intrigues, unforeseen technological changes and some of the jankiest UI/UX you've ever seen.

https://www.youtube.com/watch?v=Yqaon6YHzaU

originally posted at https://stacker.news/items/976219

@ cae03c48:2a7d6671

Bitcoin Magazine

The Freedom Issue: Letter From the Editor

Bitcoin 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.

@ 3bf0c63f:aefa459d

Webvatar

Like Gravatar, but using profile images from websites tagged with "microformats-2" tags, like people from the indiewebcamp movement liked. It falled back to favicon, gravatar and procedural avatar generators.

No one really used this, despite people saying they liked it. Since I was desperate to getting some of my programs appreciated by someone I even bought a domain. It was sad, but an enriching experience.

• https://github.com/fiatjaf/webvatar.com
• http://webvatar.com

See also

• jekmentions
• questo.email

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Pizza Day: 15 Years Since 10,000 BTC Bought Two Pizzas and Changed Everything 

On 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.

@realbitcoinmagazine

15 years ago, someone paid 10,000 #Bitcoin for 2 pizzas. That’s worth over $1,000,000,000 today!

♬ original sound – Bitcoin Magazine

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.

@ 3bf0c63f:aefa459d

Eltoo

Read the paper, it's actually nice and small. You can read only everything up to section 4.2 and it will be enough. Done.

Ok, you don't want to. Or you tried but still want to read here.

Eltoo is a way of keeping payment channel state that works better than the original scheme used in Lightning. Since Lightning is a bunch of different protocols glued together, it can It replace just the part the previously dealed with keeping the payment channel.

Eltoo works like this: A and B want a payment channel, so they create a multisig transaction with deposits from both -- or from just one, doesn't matter. That transaction is only spendable if both cooperate. So if one of them is unresponsive or non-cooperative the other must have a way to get his funds back, so they also create an update transaction but don't publish it to the blockchain. That update transaction spends to a settlement transaction that then distributes the money back to A and B as their balances say.

If they are cooperative they can change the balances of the channel by just creating new update transactions and settlement transactions and number them like 1, 2, 3, 4 etc.

Solid arrows means a transaction is presigned to spend only that previous other transaction; dotted arrows mean it's a floating transaction that can spend any of the previous.

Why do they need and update and a settlement transaction?

Because if B publishes update2 (in which his balances were greater) A needs some time to publish update4 (the latest, which holds correct state of balances).

Each update transaction can be spent by any newer update transaction immediately or by its own specific settlement transaction only after some time -- or some blocks.

Hopefully you got that.

How do they close the channel?

If they're cooperative they can just agree to spend the funding transaction, that first multisig transaction I mentioned, to whatever destinations they want. If one party isn't cooperating the other can just publish the latest update transaction, wait a while, then publish its settlement transaction.

How is this better than the previous way of keeping channel states?

Eltoo is better because nodes only have to keep the last set of update and settlement transactions. Before they had to keep all intermediate state updates.

If it is so better why didn't they do it first?

Because they didn't have the idea. And also because they needed an update to the Bitcoin protocol that allowed the presigned update transactions to spend any of the previous update transactions. This protocol update is called SIGHASH_NOINPUT[^anyprevout], you've seen this name out there. By marking a transaction with SIGHASH_NOINPUT it enters a mystical state and becomes a floating transaction that can be bound to any other transaction as long as its unlocking script matches the locking script.

Why can't update2 bind itself to update4 and spend that?

Good question. It can. But then it can't anymore, because Eltoo uses OP_CHECKLOCKTIMEVERIFY to ensure that doesn't actually check not a locktime, but a sequence. It's all arcane stuff.

And then Eltoo update transactions are numbered and their lock/unlock scripts will only match if a transaction is being spent by another one that's greater than it.

Do Eltoo channels expire?

No.

What is that "on-chain protocol" they talk about in the paper?

That's just an example to guide you through how the off-chain protocol works. Read carefully or don't read it at all. The off-chain mechanics is different from the on-chain mechanics. Repeating: the on-chain protocol is useless in the real world, it's just a didactic tool.

[^anyprevout]: Later SIGHASH_NOINPUT was modified to fit better with Taproot and Schnorr signatures and renamed to SIGHASH_ANYPREVOUT.

@ 57d1a264:69f1fee1

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For generations before generative text, writers have used the em dash to hop between thoughts, emotions, and ideas. Dickens shaped his morality tales with it, Woolf’s stream-of-consciousness flowed through it, Kerouac let it drive his jazz-like prose. Today, Sally Rooney threads it through her quiet truths of the heart.

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But this beloved punctuation mark has become a casualty of the algorithmic age. The em dash has been so widely adopted by AI-generated text that even when used by human hands, it begs the question: was this actually written or apathetically prompted?

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The battle for the soul of writing is in full swing. And the human fightback starts here. With a new punctuation mark that serves as a symbol of real pondering, genuine daydreaming, and true editorial wordsmithery. Inspired by Descartes’ belief that thinking makes us human, the am dash is a small but powerful testament that the words you’ve painstakingly and poetically pulled together are unequivocally, certifiably, and delightfully your own.

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Let's reclain writig from AI—oneam dash at time.

Download the fonts:

— Aereal https://bit.ly/3EO6fo8 — Times New Human https://bit.ly/4jQTcRS

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Learn more about the am dash

https://www.theamdash.com

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originally posted at https://stacker.news/items/976218

@ 57d1a264:69f1fee1

Consider the following two charts from A History of Clojure which detail the introduction and retention of new code by release for both Clojure and for Scala.

While this doesn't necessarily translate to library stability, it's reasonable to assume that the attitude of the Clojure maintainers will seep into the community. And that assumption is true.

Consider a typical Javascript program. What is it comprised of? Objects, objects, and more objects. Members of those objects must be either introspected or divined. Worse, it's normal to monkeypatch those objects, so the object members may (or may not) change over time.

Now, consider a typical Clojure program. What is it comprised of? Namespaces. Those namespaces contain functions and data. Functions may be dynamically generated (via macros), but it is extremely rare to "monkeypatch" a namespace. If you want to know what functions are available in a namespace, you can simply read the source file.

Continue reading https://potetm.com/devtalk/stability-by-design.html

originally posted at https://stacker.news/items/976215

@ 3bf0c63f:aefa459d

idea: Hosted-channels Lightning wallet that runs in the browser

Communicates over HTTP with a server that is actually connected to the Lightning Network, but generates preimages and onions locally, doing everything like the Hosted Channels protocol says. Just the communication method changes.

Could use this library: https://www.npmjs.com/package/bolt04

@ cae03c48:2a7d6671

Bitcoin Magazine

The Citadel (v. Nardo): From Meme to Monument

My 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.