@ 8d5ba92c:c6c3ecd5

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

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

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

May-June 2025...

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

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

BCC8333. Let’s first break down the name.

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

Unleashing Decentralized Freedom.

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

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

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

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

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

Back To The Event and Its Agenda.

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

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

- My personal highlights?

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

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

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

- What left me in awe?

Pure, unfiltered signal.

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

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

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

- Bonus stuff?

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

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

Wrapping Up.

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

Thank YOU!

---

BTC Your Mind. Let it Beat.

Şela

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin

Meanwhile Insurance Bitcoin (Bermuda) Limited (“Meanwhile”) announced it has become the first company in the world to release externally audited financial statements denominated entirely in Bitcoin. According to the announcement, the company reported 220.4 BTC in assets and 25.29 BTC in net income for 2024, a 300% year over year increase.

Today marks a global first & historic event for us, along with the public release of our 2024 audited financial statements, covering our 1st year of sales.

As the 1st company in the world to have Bitcoin-denominated financial statements externally audited, we are excited to…

— meanwhile | Bitcoin Life Insurance (@meanwhilelife) June 5, 2025

“We’ve just made history as the first company in the world to have Bitcoin-denominated financial statements externally audited,” said Zac Townsend, CEO of Meanwhile. “This is an important, foundational step in reimagining the financial system based on a single, global, decentralized standard outside the control of any one government.” 

The financial statements were audited by Harris & Trotter LLP and its digital asset division ht.digital. Meanwhile’s financials also comply with Bermuda’s Insurance Act 1978, noting that their BTC denominated financials were approved and comply with official guidelines. The firm, fully licensed by the Bermuda Monetary Authority (BMA), operates entirely in BTC and is prohibited from liquidating Bitcoin assets except through policyholder claims, positioning it as a long term holder. 

“As the first regulated Bitcoin life insurance company, we view the BTC held by Meanwhile as inherently long-term in nature—primarily held to support the Company’s insurance liabilities over decades,” Townsend added. “This makes it significantly ‘stickier’ and resistant to market pressures compared to the BTC held by other companies as part of their treasury management strategies.” 

Meanwhile’s 2024 financials also revealed 23.02 BTC in net premiums and 4.35 BTC in investment income, showing that its model not only preserves Bitcoin, but earns it. The company’s reserves (also held in BTC) were reviewed and approved by Willis Towers Watson (WTW). 

Meanwhile also offers a Bitcoin Whole Life insurance product that allows policyholders to save, borrow, and build legacy wealth—entirely in BTC, and has plans to expand globally in 2025.

“We are incredibly proud of today’s news as it underscores how Meanwhile is at the forefront of the next phase of the convergence between Bitcoin and institutional financial markets,” said Tia Beckmann, CFO of Meanwhile. “Now having generated net income in BTC, we have demonstrated that we are earning it through a sustainable insurance business model designed for the long term.” 

This post Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 9ca447d2:fbf5a36d

Paris, France – June 6, 2025 — Bitcoin payment gateway startup Flash, just announced a new partnership with the “Bitcoin Only Brewery”, marking the first-ever beverage company to leverage Lightning payments.

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

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

Pierre Corbin, Co-Founder of Flash, commented:

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

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

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

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

Media Contact:
Pierre Corbin
Co-Founder, Flash
Email: press@paywithflash.com
Website: paywithflash.com

About Flash

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

About Bitcoin Only Brewery

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

@ cae03c48:2a7d6671

Bitcoin Magazine

New York City Won’t Be Issuing BitBonds Anytime Soon

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

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

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

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

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

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

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

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

@ a296b972:e5a7a2e8

Nur für‘s Protokoll. Hiermit erkläre ich, Georg Ohrweh, im tatsächlich vorhandenen vollen Besitz meiner geistigen Kräfte, dass Herr Lauterbach, gleich welche Position er in Zukunft noch bekleiden sollte, für mich nicht zuständig ist. Basta.

Ein Erguss dieses verhaltensoriginellen Über-alles-Bescheidwissers:

„Wir kommen jetzt in eine Phase hinein, wo der Ausnahmezustand die Normalität sein wird. Wir werden ab jetzt immer im Ausnahmezustand sein. Der Klimawandel wird zwangsläufig mehr Pandemien bringen.“

Wie kann es sein, dass solch eine Ausnahme-Gestalt, die schon rein äußerlich die Phantasie zu Vergleichen anregt, sich leider auch genauso verhält, wie die Gestalten, die in diesen Phantasien vorkommen, ungebremst auf der Panik-Klaviatur kakophonische Klänge erzeugen darf? Obwohl ein wenig Wahrheit ist auch enthalten: Wir sind tatsächlich immer im Ausnahmezustand, im Ausnahmezustand des fortgeschrittenen Wahnsinns.

Wie kann es sein, dass dieser Haaaarvardist seinen persönlich empfundenen Ausnahmezustand zum Allgemeingut erklären kann? Welche Verknüpfungs-Phantasien hat er sonst noch studiert? Er ist ja auch noch Vorsitzender im Raumfahrtausschuss. Was kommt als Nächstes? Eine Klima-Pandemie, verursacht durch außerirdische Viren, die die Temperaturen beeinflussen können? Im aktuellen Zeitgeist gibt es nichts, was nicht gedacht wird. Wem die besseren Absurditäten einfallen, der gewinnt. Man muss sich schon den gegebenen Denkstrukturen etwas anpassen, aber sich auch ein wenig Mühe geben.

Nach dem Wechsel der ehemaligen Außen-Dings zur UN (mit dem Ziel, aus den Vereinten Nationen die Feministischen Nationen zu gestalten) und des ehemaligen Wirtschafts-Dings in den Außenausschuss und als Gastdozent in Kalifornien (Thema: Wirtschaftsvernichtung unter Einbeziehung des gespannten Verhältnisses unter Geschwistern aufgrund ärmlicher Verhältnisse, am Beispiel des Märchens von Hänsel und Gretel) , jetzt auch noch der ehemalige Chef-Panikmacher zur WHO.

…und der Wahnsinn wurde hinausgetragen in die Welt, und es wurde dunkel, und es ward Nacht, und es wurde helle, und es ward Tag, der Wind blies oder auch nicht (was macht der Wind eigentlich, wenn er nicht weht?), und es ward Winter, und es wurde kälter, und es wurde wärmer, und es ward Sommer. Es regnete nicht mehr, die Wolken schwitzten. Und Putin verhinderte (wer auch sonst), dass das Eis in der Antarktis abnahm.

Wiederholte Bodentemperaturen in der Toskana von 50 Grad Celsius. Zu erwartende Wassertemperaturen während Ferragosto an der italienischen Adria von durchschnittlich 100 Grad Celsius. An Stellen mit wenig Strömung stiegen schon die ersten Kochblasen auf. Doch dann kam der durch Lachs gestählte, salzlose Super-Karl und rettete mit einem durch die WHO diktierten Klima-Logdown die gesamte Menschheit. Wer besser, als er konnte wissen, dass ein Klima-Logdown weitgehend nebenwirkungsfrei ist.

Was für ein Segen, dass Karl der Große, der uns so siegreich durch die Corona-Schlacht geführt hat, jetzt auch gegen das Klima in den Krieg zieht.

Wer kennt das nicht, Tage der Qual, in denen man zugeben muss: Ich hab‘ heute so schlimm Klima.

Viele Klimaexperten, die weltweit in der Qualitätspropaganda zitiert werden, zeichnen sich besonders dadurch aus, dass sie mit einer maximalen Abweichung von einem Grad Celsius ein Thermometer fehlerfrei ablesen können. Diese Ungenauigkeit wird der Erdverkochungsexperte sicher als erstes beheben.

In einer aufopfernden Studie während eines Urlaubs in 2023, in der um die damalige Zeit erstmals eisfreien Toskana, hat er den von ihm ausgetüftelten Klimaschutzplan ins Rheinische übersetzt. Titel: „Schützen Sie sisch, und, äh, andere!“ Weiter konnte er erforschen, dass die Bodentemperatur nicht immer mit der Temperatur des Erdkerns übereinstimmen muss.

Durch seine unermüdlichen Studien, können Hitzetote in Zukunft besser zugeordnet werden. Man weiß dann, ob jemand an hohen oder mit hohen Temperaturen gestorben ist. Der asymptomatische Klimawandel kann so in Zukunft viel besser bewertet werden. Man hat aus geringfügigen Fehlern gelernt und die Methoden erheblich verbessert.

Eine präzise Vorhersage der Jahreszeiten, vor allem die des Sommers, wird bald ebenfalls möglich sein. Es kann jetzt vor jahreszeitbedingten, teilweise sogar täglich schwankenden Temperaturveränderungen rechtzeitig gewarnt werden. Im Herbst können Heizempfehlungen für die ahnungslose Bevölkerung herausgegeben werden. Frieren war gestern, wissen wann es kalt wird, ist heute. Es wird an Farben geforscht, die noch roter sein sollen, als die, die jetzt in den Wetterkarten bei 21 Grad bereits verwendet werden.

Eine allgemeine Heizpflicht soll es europaweit zunächst nicht geben.

Weiter soll die Lichteinstrahlung der Sonne noch präziser bestimmt werden, damit den Europäern, in Ergänzung zur mitteleuropäischen Sommerzeit, jetzt auch noch genau mitgeteilt werden kann, wann es Tag und wann es Nacht ist.

Das Hinausschauen aus dem Fenster, zum Beispiel, ob es schon dunkel draußen ist, erübrigt sich. Die Tageszeit, in Ergänzung zur herkömmlichen Uhrzeit, wird demnächst automatisch mit dem Klima-Pass übermittelt werden. Zu Anfang natürlich erst einmal freiwillig.

Durch die persönliche ID können dann auch schnell und unkompliziert Sonderprämien überwiesen werden, sofern man sich klimakonform verhalten hat, damit man sich rechtzeitig vor Winterbeginn eine warme Jacke oder einen Mantel kaufen kann. Das Sparen von Bargeld auf eine bevorstehende größere Anschaffung von Winterkleidung wird somit überflüssig.

Ob es am Ende nun um Hitze oder Kälte geht, spielt eigentlich gar keine Rolle, denn wie wussten schon die Ahnen zu berichten: Was gut für die Kälte ist, ist auch gut für die Wärme.

Westliche Mächte unternehmen immer wieder Versuche, eskalierend auf den Ukraine-Konflikt einzuwirken, damit man atombetriebene Heizpilze aufstellen kann, an denen sich die Europäer im Winter auch im Freien wärmen können.

Wie praktisch, dass man nicht nur Gesundheit und Klima, sondern auch Klima und Krieg miteinander verbinden kann. Alles so, oder so ähnlich möglicherweise nachzulesen im genialen Hitzeschutzplan á la Lauterbach.

Besonders Deutschland braucht nicht nur lauterbachsche Hitzeschutzräume, nein es braucht atomsichere Hitzeschutzbunker, so schlägt man gleich zwei Fliegen mit einer Klappe.

Für die, die es sich leisten können, hier ein Vorschlag. Der K2000:

https://www.swr.de/swr1/rp/programm/loriot-mini-luftschutzbunker-zum-preis-einer-waschmaschine-100.html

Für die weniger gut Betuchten reicht auch ein kühles Kellerloch, das man idealerweise im Februar beziehen und nicht vor November wieder verlassen sollte, so die Empfehlung auch von führenden Klima-Forschern, die es ja wissen müssen. Von Dezember bis Januar empfiehlt sich ein Besuch auf den Bahamas, besonders dann, wenn man eine leichte Erkältung verspürt.

Nur Verschwörungstheoretiker behaupten, dass die eigenartigen Anschlussverwendungen der Extrem-Kapazitäten, zu denen Lauterbach ohne Zweifel dazugehört, wie dicke rote Pfeile wirken, die auf Institutionen und Organisationen zeigen, um die man unter allen Umständen einen großen Bogen machen sollte, weil sie möglicherweise nichts Gutes im Schilde führen. Minimal sollen sie angeblich Unsinn verbreiten, maximal sollen sie gehörigen Schaden anrichten.

Man muss sich nur ein paar Gedanken machen, schon kann man feststellen, wie alles mit allem zusammenhängt.

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

* *

(Bild von pixabay)

@ b99efe77:f3de3616

Traffic Light Control System 10/06

This Petri net represents a traffic control protocol ensuring that two traffic lights alternate safely and are never both green at the same time.

petrinet ;start () -> greenLight1 redLight2 ;toRed1 greenLight1 -> queue redLight1 ;toGreen2 redLight2 queue -> greenLight2 ;toGreen1 queue redLight1 -> greenLight1 ;toRed2 greenLight2 -> redLight2 queue ;stop redLight1 queue redLight2 -> ()

@ 9ca447d2:fbf5a36d

Wall Street is warming up to Bitcoin and getting closer and closer to it.

Cantor Fitzgerald, one of the oldest and most respected investment banks on Wall Street, has launched a $2 billion bitcoin-backed lending program.

They’ve reportedly already done their first deals, lending to two big digital asset companies: FalconX and Maple Finance.

This is a big step in connecting traditional finance to the fast-moving world of Bitcoin.

Cantor’s new service allows big investors, hedge funds and asset managers, to borrow money using bitcoin as collateral.

This is a game changer for institutions that hold bitcoin, as they can now access liquidity without having to sell their assets.

“Institutions holding bitcoin are looking to broaden their access to diverse funding sources,” said Christian Wall, co-CEO and global head of fixed income at Cantor Fitzgerald.

“And we are excited to support their liquidity needs to help them drive long term growth and success.”

The loans are not speculative or unsecured.

They are structured like traditional finance deals, backed by the borrower’s bitcoin. This reduces the risk for Cantor while giving bitcoin-holding companies new ways to grow and operate.

The first recipients of Cantor’s lending program are FalconX, a digital asset brokerage, and Maple Finance, a blockchain-based lending platform.

FalconX confirmed they secured a credit facility of over $100 million. Maple Finance also received the first tranche of their loan from Cantor.

This comes at a time when the bitcoin lending space is recovering after a tough period. Several big firms went under in 2022 and investor confidence was shaken.

Now with traditional finance on board, bitcoin-backed lending has returned. According to Galaxy Research the total size of the digital asset lending market grew to $36.5 billion in Q4 2024.

Cantor’s move into bitcoin-backed lending isn’t new. They announced their plans in July 2024 and have been building their presence in the Bitcoin space since then.

Earlier this year, they partnered with Tether, SoftBank and Bitfinex to launch Twenty One Capital, a $3.6 billion fund to buy over 42,000 bitcoin.

In May 2025 Cantor Equity Partners merged with Twenty One Capital and bought nearly $459 million worth of bitcoin.

They also own around $1.9 billion in shares of Strategy, a company that holds a lot of bitcoin. Clearly Cantor believes in bitcoin as a long-term asset.

Cantor is also a big player in the stablecoin space.

They manage U.S. Treasury reserves for Tether, the company behind the $142 billion USDT stablecoin. This adds another layer of trust and credibility to Cantor’s digital asset involvement.

To secure the bitcoin used as collateral, Cantor has partnered with digital asset custodians Anchorage Digital and Copper.co.

These companies are known for their robust security and institutional-grade infrastructure. Cantor hasn’t disclosed loan terms or interest rates but confirmed the lending will follow current regulations.

This also shows how traditional financial players are embracing DeFi.

Maple Finance for example allows undercollateralized lending using blockchain. By backing companies like Maple, Cantor is innovating while still having control and compliance.

For years, bitcoin-backed loans were only available through digital-asset-native companies like Genesis, BlockFi, and Ledn.

These loans were mostly for smaller clients and retail investors. But with Cantor’s entry, the scale and professionalism of bitcoin lending are expanding.

@ 3bf0c63f:aefa459d

início

"Vocês vêem? Vêem a história? Vêem alguma coisa? Me parece que estou tentando lhes contar um sonho -- fazendo uma tentativa inútil, porque nenhum relato de sonho pode transmitir a sensação de sonho, aquela mistura de absurdo, surpresa e espanto numa excitação de revolta tentando se impôr, aquela noção de ser tomado pelo incompreensível que é da própria essência dos sonhos..."

Ele ficou em silêncio por alguns instantes.

"... Não, é impossível; é impossível transmitir a sensação viva de qualquer época determinada de nossa existência -- aquela que constitui a sua verdade, o seu significado, a sua essência sutil e contundente. É impossível. Vivemos, como sonhamos -- sozinhos..."

• Livros mencionados por Olavo de Carvalho
• Antiga homepage Olavo de Carvalho
• Bitcoin explicado de um jeito correto e inteligível
• Reclamações

---

• Nostr
• Bitcoin
• How IPFS is broken
• Programming quibbles
• Economics
• Open-source software

---

Nostr GitHub Telegram code

@ 9ca447d2:fbf5a36d

Trump Media & Technology Group (TMTG), the company behind Truth Social and other Trump-branded digital platforms, is planning to raise $2.5 billion to build one of the largest bitcoin treasuries among public companies.

The deal involves the sale of approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes.

According to the company, the offering is expected to close by the end of May, pending standard closing conditions.

Devin Nunes, CEO of Trump Media, said the investment in bitcoin is a big part of the company’s long-term plan.

“We view Bitcoin as an apex instrument of financial freedom,” Nunes said.

“This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms.”

He added that the bitcoin treasury will be used to create new synergies across the company’s platforms including Truth Social, Truth+, and the upcoming financial tech brand Truth.Fi.

“It’s a big step forward in the company’s plans to evolve into a holding company by acquiring additional profit-generating, crown jewel assets consistent with America First principles,” Nunes said.

The $2.5 billion raise will come from about 50 institutional investors. The $1 billion in convertible notes will have 0% interest and be convertible into shares at a 35% premium.

TMTG’s current liquid assets, including cash and short-term investments, are $759 million as of the end of the first quarter of 2025. With this new funding, the company’s liquid assets will be over $3 billion.

Custody of the bitcoin treasury will be handled by Crypto.com and Anchorage Digital. They will manage and store the digital assets.

Earlier this week The Financial Times reported Trump Media was planning to raise $3 billion for digital assets acquisitions.

The article said the funds would be used to buy bitcoin and other digital assets, and an announcement could come before a major related event in Las Vegas.

Related: Bitcoin 2025 Conference Kicks off in Las Vegas Today

Trump Media denied the FT report. In a statement, the company said, “Apparently the Financial Times has dumb writers listening to even dumber sources.”

There was no further comment. However, the official $2.5 billion figure, which was announced shortly after by Trump Media through a press release, aligns with its actual filing and investor communication.

Trump Media’s official announcement

This comes at a time when the Trump family and political allies are showing renewed interest in Bitcoin.

President Donald Trump who is now back in office since the 2025 election, has said he wants to make the U.S. the “crypto capital of the world.”

Trump Media is also working on retail bitcoin investment products including ETFs aligned with America First policies.

These products will make bitcoin more accessible to retail investors and support pro-Trump financial initiatives.

But not everyone is happy.

Democratic Senator Elizabeth Warren recently expressed concerns about Trump Media’s Bitcoin plans. She asked U.S. regulators to clarify their oversight of digital-asset ETFs, warning of investor risk.

Industry insiders are comparing Trump Media’s plans to Strategy (MSTR) which has built a multi-billion dollar bitcoin treasury over the last year. They used stock and bond sales to fund their bitcoin purchases.

@ 7f6db517:a4931eda

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.

---

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

— NLNico (@btcNLNico) June 9, 2025

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

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

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

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

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

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

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

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

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

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

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

@ 58537364:705b4b85

เกี่ยวกับเรื่อง “เวลา”

พระอรหันต์ บุคคลผู้หลุดพ้นแล้ว เห็นอย่างถูกต้อง จึงไม่ยึดถือ อดีต กับ อนาคต แม้กระทั่งปัจจุบัน

ตัวอย่างง่ายๆ ที่จะต้องสังเกตดูให้ดีว่า โดยที่แท้นั้นเราไม่สามารถรู้จักอดีต ปัจจุบัน หรืออนาคต ได้เลย เราไม่อาจรู้จักสิ่งที่เป็นปัจจุบันได้ ถ้าสิ่งนั้นไม่กลายเป็นอดีตไปเสียก่อน เหมือนอย่างว่า..เมื่อตาเห็นรูป เช่น เห็นดอกไม้ดอกหนึ่ง จิตใจต้องรับอารมณ์(รูป,สี)เสร็จแล้ว ภาพที่เห็นนั้นเป็นอดีตไปแล้ว เราจึงจะรู้ว่าเป็นดอกไม้ดอกหนึ่ง เช่น ดอกกุหลาบดอกหนึ่ง เป็นต้น

ถ้าไม่เป็นอดีตไปเสียก่อน จิตใจก็ไม่มีทางจะรู้ว่ามันเป็นอะไร เพราะเหตุฉะนั้น ปัจจุบันเป็นสิ่งที่เรารู้ไม่ได้ รู้สึกไม่ได้ สัมผัสไม่ได้ เพราะว่าเราไม่อาจจะรู้จักสิ่งใดได้ โดยที่สิ่งนั้นไม่เปลี่ยนเป็นอดีตไปเสียก่อนนั่นเอง ต้องเป็น "ขณะจิต" ในอดีตเสียก่อน จึงจะรู้ว่าสิ่งนั้นเป็นอะไร เราจึงไม่อาจจะสัมผัสปัจจุบันได้

ส่วนเวลาที่เรียกว่า "อนาคต" ก็ยังไม่มา ส่วนอดีตก็ล่วงลับไปแล้ว เราก็ไม่ได้รับอะไรเลย แม้แต่ที่เป็น"ปัจจุบัน" #ถ้าใครมองเห็นอย่างนี้ก็เรียกว่ารู้จักเวลาอย่างถูกต้อง คือเวลาในภาษาธรรมะ ซึ่งไม่อาจจะแบ่งเป็นวินาที นาที เดือน ปีอะไรได้เลย มันเป็นกระแสอันหนึ่งซึ่งคงที่ จนกล่าวได้ว่า ไม่มีเบื้องต้น ไม่มีเบื้องปลาย ไม่มีท่ามกลาง

สิ่งที่เรียกว่า "เวลา" นั้น ไม่มีใครรู้ได้ว่าตั้งต้นเมื่อไหร่ มากี่กัปกี่กัลป์แล้ว จะไปสิ้นสุดเมื่อไหร่ อีกกี่กัปกี่กัลป์ แล้วในขณะปัจจุบันของมัน เราก็แตะต้องมันไม่ได้ เพราะต้องเป็นอดีตไปเสียก่อนทุกที จึงจะรู้สึกขึ้นในใจได้ว่าอะไรเป็นอะไร

เมื่อตาเห็นรูปก็ดี เมื่อหูฟังเสียงก็ดี เมื่อจมูกได้กลิ่นก็ดี ลิ้นได้รสก็ดี กายได้สัมผัสทางผิวหนังก็ดี หรือใจคิดนึกอะไรก็ดี "ขณะจิต"แห่งอดีตเท่านั้น ที่จะบอกได้ว่าอะไรเป็นอะไร ขณะเป็นปัจจุบันนั้นบอกให้ไม่ได้เพราะเร็วเกินไป เพียงขณะจิตเดียวก็เป็นอดีตเสียแล้ว ขณะจิตที่กระทบอารมณ์นั้นบอกอะไรไม่ได้ จนกว่าเป็นขณะจิตที่เสวยอารมณ์เสร็จแล้ว เพราะฉะนั้น สิ่งนั้นก็เป็นอดีตไปแล้ว ดังนี้ เป็นต้น

ท่านลองเปรียบเทียบดูว่า คนไหนโง่หรือคนไหนฉลาดกว่ากัน

คนที่เห็นเวลาเป็นอย่างนี้อย่างนั้น เป็นอดีต เป็นอนาคต เป็นปัจจุบัน จนปัญหาเกิดขึ้นนั้น ก็ต้องมีความทุกข์เป็นธรรมดา ส่วนพระอรหันต์นั้น ฉลาดจนไม่มีอดีต อนาคต ปัจจุบัน อย่างที่พระพุทธเจ้าตรัสว่า “ไม่ถือเอาไว้ที่ส่วนสุดทั้งสอง และทั้งไม่ถือเอาไว้ที่ตรงกลาง” นั่นคือ “ความไม่ยึดถือ” เป็นบุคคลผู้หลุดพ้นแล้ว ไม่ยึดถือส่วนทั้งสอง คืออดีตกับอนาคต ส่วนข้างต้นเรียกว่า"อดีต" ส่วนข้างปลายเรียกว่า"อนาคต" นี้ก็ไม่ยึดถือ แล้วก็ไม่ยึดถือแม้กระทั่งส่วนตรงกลาง คือ "ปัจจุบัน" อย่างนี้เรียกว่า "ไม่มีการยึดถืออะไร" และเป็นพระอรหันต์เพราะรู้จักเวลาอย่างถูกต้องเช่นนี้

แต่คนธรรมดาสามัญทำอย่างนี้ไม่ได้ ทำไม่เป็น ดังนั้น จึงต้องสอนกันอีกอย่างหนึ่ง อีกแนวหนึ่ง คือ ให้รู้จักจัดการเกี่ยวกับเวลา ว่า..อย่างไรเป็นอดีต อย่างไรเป็นอนาคต อย่างไรเป็นปัจจุบัน แล้วก็ให้จัดการกับปัจจุบันให้ถูกต้อง อย่าไปมัวห่วงเรื่องอดีต อนาคต ให้ฟุ้งซ่าน แต่ให้สนใจกับปัจจุบัน คือสิ่งที่จะต้องทำเฉพาะหน้า ที่นี่ เดี๋ยวนี้ ในวันนี้ ให้ถูกต้อง อย่างนี้คนธรรมดาก็บรรเทาความทุกข์ไปได้มาก

แต่ถ้าคนธรรมดาสามัญนั้น มองเห็นปัจจุบันที่ลึก(ซึ้ง)ขึ้นไปอีก จนกระทั่ง(ปัจจุบัน)ไม่มีแล้ว #คนธรรมดาสามัญนั้นก็กลายเป็นพระอริยเจ้าไปด้วยเหตุนี้.

พุทธทาสภิกขุ ๑ มกราคม ๒๕๑๐ ธรรมบรรยายเรื่อง “เรามากินเวลากันเถิด” จากหนังสือ “ภาษาคน-ภาษาธรรม”

“กาโล ฆสติ ภูตานิ สพฺพาเนว สหตฺตนา โย กาลฆโส ภูโต ส ภูตปจนึ ปจิ

กาลเวลา ย่อมกลืนกินสรรพสัตว์ พร้อมทั้งตัวของมันเอง ผู้ใดกินกาล ผู้นั้นชื่อว่าเผาสิ่งที่เผาสัตว์ กาลเวลาทำให้อายุ ผิวพรรณ ของสัตว์ทั้งหลายสิ้นไปเสื่อมไป ตัวมันเองก็ล่วงไปด้วย พระอรหันต์ ชื่อว่า ผู้กินกาล เพราะไม่มีปฏิสนธิกาลในอนาคต เป็นผู้ทำลาย หรือคายโอกาสในการเกิดใหม่ สิ่งที่เผาสัตว์ คือกิเลส มีราคะ เป็นต้น อันพระขีณาสพเผาเสียแล้ว”

ปปัญจสูทนี อรรถกถา มัชฌิมนิกาย มูลปริยายสูตร

@ 8668cb57:42a19859

Are Islands Choosing for Wealth Or Poverty in the 21st Century?

You have 57 official islands according to the United Nations. But there are thousands of islands in the world. What does Bitcoin and Lighting mean for them? Can it help them escape poverty and become wealthy?

Wealth

First of all: Wealth: what does it mean to be wealthy as an island? It is not only about the number of fiat currency you have in your pockets. Not about the digits you have on your bank account. And not only about the number of sats or Bitcoins you have in your self custodian wallet.\ Wealth means:

• You are healthy

• Your mind is free

• Your body is in shape

• Your relationships are bringing you join

• You are using your talents and your gifts to the max

• And you have options, you can do what you want with your time.

Healthy Islands

So for an island, let's take Curacao as an example, of 160.000 people, it means that there is a potential for everybody to reach that status, that next level in their lives called #wealth.

That is the "dream" goal I'm chasing with my Island Wealth show. Away from poverty. Into more possibilities. Using your skills in this dynamic world.\ \ Current state of Island Wealth

If we take the Caribbean as an example, here you see the official list of islands in the Caribbean: <https://en.wikipedia.org/wiki/List_of_Caribbean_islands>

There are some indicators to check how wealthy - in terms of income - these Caribbean islands are.\ \ GDP per Capita: this is the total income of the island per year divided by the population. You will get an average that you can compare with your own country. If you take this globally, Luxembourg is the wealthiest country in the world.\ \ Gini Coefficient: this gives you a curve and a value that shows you how the distribution of wealth is on an island.

Net worth: If you go on an individual level, a family level, a business level you can take the assets minus the liabilities and calculate the difference as Net worth. You can also take this figure and compare it to the net worth of individuals in the world.

Bitcoin

Now lets introduce Bitcoin for these islands. How can #Bitcoin help these islands become wealthier?\ \ Problems of Islands

One of the most important problems the islands have is that they are very dependent on #tourism. Yes, I have been studying the economies of islands for a long time. I've been advising small island's governments in the Caribbean, private investors, high earning professionals on how they can build their wealth. And I always hear: we need to diversify more. What does that mean?\ \ All their sales and revenues are coming from one single sector: tourism. And they don't like that. Imagine an island: 500.000 tourists per year coming from USA and Canada. And every day cruise ships at their mega cruise piers with a total of 1 million cruise tourists per year. The tourists stay for 7 days and the cruise tourists stay for 1 day.\ \ That is the typical Caribbean island at its peak. If anything happens to that flow of cruise and stayover tourists ->Poverty. If there is a hurricane ->Poverty. If there are no flights -> Poverty. If there is political unrest and the tourists cannot come ->Poverty. So wealth is very concentrated when you are living on an island.\ \ Bitcoin and Lightning

While most Island's policy makers, citizens, even sometimes high paid individuals do not see Bitcoin, I see a 2 trillion decentralized global economy. If you are fully dependent on tourism, and you want to diversify away from tourism, lets consider Bitcoin and Lightning.\ \ Small businesses

Lets imagine your small businesses that operate online, like a consultant, online trainer/coach, or anybody selling snacks. Now working in the informal sector and not paying any taxes to your small island's government. They all can instantly:

• Download a #Blink or #Aqua wallet and start receiving #SATS

• Get a Wordpress or Shopify website, and start receiving SATS from all over the world, instantly.

Think about that for a moment and let it sink in. A two trillion USD economy globally. 21 million Bitcoins max ever. And everybody can participate right now. Without having to install servers, host software. I would seriously consider this new decentralize payment and savings technology.

How can you diversify away from tourism with Bitcoin and Lighting?

Any business can accept Bitcoin. Imagine you do not have a bank account and you are working in the informal sector. As a gardener, as a technician, electrician. A pool boy, a musician. You now have a wallet to accept hard money instantly.\ \ Agriculture

You could be paying for seeds to plan. With your lightning wallet online.\ \ Retail

You could be accepting Lighting payments if you are a store that sells glasses, food, snacks, clothing, hand crafted products, paintings.

Construction

You could be importing material from the #BRICS+ nations, China as first one, Brazil (close to the Caribbean) and paying with lightning.\ \ Financial Services (local and international)

You could be helping foreign and local other businesses with their online books, they annual reports, their administration, helping them relocate to the Caribbean, and receiving payments with Lighting.\ \ I can go on and on\ \ Decentralized Peer to Peer software development\ I have written about this on previous posts. You could be building peer to peer software based on new software stacks like pear runtime, holepunch technology, nostr. So if you are a local software developer and you know javascript, html and css you now can be paid with Lighting and deliver your knowledge and services to the world. I'm also exploring this myself.\ \ AI and Data Science\ If you are a Data Scientist and you know how to automate stuff with #Python, you know how to use #AI, like me, you could be creating online software and experiences to create Digital Assets that work 24*7*365 days: https://bit.ly/python-ai-automation.

There are endless possibilities to tap into this global decentralized economy

And guess what: we are so early. There is less than 1% of the people of the world who has used Bitcoin and Lighting.\ \ Let's go islands\ So lets do it. Lets go islands. You see that diamond above? It just to start your imagination. You see that man with the open mouth above?That is just to show you how amazed and surprised I'm with the potential of decentralization, self custody and the potential to be self sovereign.\ \ Let me know your thoughts\ This article is only on Nostr and Keet and decentralized platform. I'm moving my attention more and more to decentralization. So I want to hear your thoughts. Let me know if you have any comments, questions or ideas how to create more wealth.\ \ And stay tuned to my episodes where I will host the Island Wealth Show #IslandWealth.\ \ Runy\ Host Island Wealth

@ dfa02707:41ca50e3

Good morning (good night?)! The No Bullshit Bitcoin news feed is now available on Moody's Dashboard! A huge shoutout to sir Clark Moody for integrating our feed.

Headlines

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.

• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• The Bank for International Settlements (BIS) wants to contain 'crypto' risks. A report titled "Cryptocurrencies and Decentralised Finance: Functions and Financial Stability Implications" calls for expanding research into "how new forms of central bank money, capital controls, and taxation policies can counter the risks of widespread crypto adoption while still fostering technological innovation."
• "Global Implications of Scam Centres, Underground Banking, and Illicit Online Marketplaces in Southeast Asia." According to the United Nations Office on Drugs and Crime (UNODC) report, criminal organizations from East and Southeast Asia are swiftly extending their global reach. These groups are moving beyond traditional scams and trafficking, creating sophisticated online networks that include unlicensed cryptocurrency exchanges, encrypted communication platforms, and stablecoins, fueling a massive fraud economy on an industrial scale.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

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

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.

Use the tools

• Bitcoin Safe v1.2.3 expands QR SignMessage compatibility for all QR-UR-compatible hardware signers (SpecterDIY, KeyStone, Passport, Jade; already supported COLDCARD Q). It also adds the ability to import wallets via QR, ensuring compatibility with Keystone's latest firmware (2.0.6), alongside other improvements.
• Minibits v0.2.2-beta, an ecash wallet for Android devices, packages many changes to align the project with the planned iOS app release. New features and improvements include the ability to lock ecash to a receiver's pubkey, faster confirmations of ecash minting and payments thanks to WebSockets, UI-related fixes, and more.
• Zeus v0.11.0-alpha1 introduces Cashu wallets tied to embedded LND wallets. Navigate to Settings > Ecash to enable it. Other wallet types can still sweep funds from Cashu tokens. Zeus Pay now supports Cashu address types in Zaplocker, Cashu, and NWC modes.
• LNDg v1.10.0, an advanced web interface designed for analyzing Lightning Network Daemon (LND) data and automating node management tasks, introduces performance improvements, adds a new metrics page for unprofitable and stuck channels, and displays warnings for batch openings. The Profit and Loss Chart has been updated to include on-chain costs. Advanced settings have been added for users who would like their channel database size to be read remotely (the default remains local). Additionally, the AutoFees tool now uses aggregated pubkey metrics for multiple channels with the same peer.
• Nunchuk Desktop v1.9.45 release brings the latest bug fixes and improvements.
• Blockstream Green iOS v4.1.8 has renamed L-BTC to LBTC, and improves translations of notifications, login time, and background payments.
• Blockstream Green Android v4.1.8 has added language preference in App Settings and enables an Android data backup option for disaster recovery. Additionally, it fixes issues with Jade entry point PIN timeout and Trezor passphrase input.
• Torq v2.2.2, an advanced Lightning node management software designed to handle large nodes with over 1000 channels, fixes bugs that caused channel balance to not be updated in some cases and channel "peer total local balance" not getting updated.
• Stack Wallet v2.1.12, a multicoin wallet by Cypher Stack, fixes an issue with Xelis introduced in the latest release for Windows.
• ESP-Miner-NerdQAxePlus v1.0.29.1, a forked version from the NerdAxe miner that was modified for use on the NerdQAxe+, is now available.
• Zark enables sending sats to an npub using Bark.

• Erk is a novel variation of the Ark protocol that completely removes the need for user interactivity in rounds, addressing one of Ark's key limitations: the requirement for users to come online before their VTXOs expire.
• Aegis v0.1.1 is now available. It is a Nostr event signer app for iOS devices.
• Nostash is a NIP-07 Nostr signing extension for Safari. It is a fork of Nostore and is maintained by Terry Yiu. Available on iOS TestFlight.
• Amber v3.2.8, a Nostr event signer for Android, delivers the latest fixes and improvements.
• Nostur v1.20.0, a Nostr client for iOS, adds

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• Version 1.3 of Bitcoin Safe introduces a redesigned interactive chart, quick receive feature, updated icons, a mempool preview window, support for Child Pays For Parent (CPFP) and testnet4, preconfigured testnet demo wallets, as well as various bug fixes and improvements.

• Upcoming updates for Bitcoin Safe include Compact Block Filters.

"Compact Block Filters increase the network privacy dramatically, since you're not asking an electrum server to give you your transactions. They are a little slower than electrum servers. For a savings wallet like Bitcoin Safe this should be OK," writes the project's developer Andreas Griffin.

• Learn more about the current and upcoming features of Bitcoin Safe wallet here.

What's new in v1.3

• Redesign of Chart, Quick Receive, Icons, and Mempool Preview (by @design-rrr).
• Interactive chart. Clicking on it now jumps to transaction, and selected transactions are now highlighted.

• Speed up transactions with Child Pays For Parent (CPFP).
• BDK 1.2 (upgraded from 0.32).
• Testnet4 support.
• Preconfigured Testnet demo wallets.
• Cluster unconfirmed transactions so that parents/children are next to each other.
• Customizable columns for all tables (optional view: Txid, Address index, and more)
• Bug fixes and other improvements.

Announcement / Archive
Blog Post / Archive
GitHub Repo
Website

@ 3a851978:ff85e003

This document is designed to test Markdown rendering with LaTeX math support. Below you'll find examples of Markdown formatting combined with inline and block mathematical notation.

1. Inline Math

Here is an inline formula using single dollar signs:

• Euler's identity: $e^{i\pi} + 1 = 0$
• Quadratic formula: $x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a}$
• Pythagoras theorem: $a^2 + b^2 = c^2$

2. Block Math

Now let's test block-level LaTeX using double dollar signs:

$$ \int_{-\infty}^{\infty} e^{-x^2} \, dx = \sqrt{\pi} $$

Another block formula:

$$ f(x) = \sum_{n=0}^{\infty} \frac{f^{(n)}(0)}{n!}x^n $$

3. Lists and Math

• Integral: $\int_0^1 x^2 , dx = \frac{1}{3}$
• Derivative: $\frac{d}{dx} \sin(x) = \cos(x)$
• Matrix:

$$ \begin{pmatrix} 1 & 2 \ 3 & 4 \end{pmatrix} $$

With inline math in code: $E = mc^2$ (should not render as math here).

5. Tables

| Formula Name | Expression | | ---------------- | ------------------------------------------------------ | | Euler's Identity | $e^{i\pi} + 1 = 0$ | | Taylor Series | $\sum_{n=0}^{\infty} \frac{x^n}{n!}$ | | Binomial Theorem | $(a + b)^n = \sum_{k=0}^n \binom{n}{k} a^{n-k} b^k$ |

@ 3bf0c63f:aefa459d

Anglicismos estúpidos no português contemporâneo

Palavras e expressões que ninguém deveria usar porque não têm o sentido que as pessoas acham que têm, são apenas aportuguesamentos de palavras inglesas que por nuances da história têm um sentido ligeiramente diferente em inglês.

Cada erro é acompanhado também de uma sugestão de como corrigi-lo.

Palavras que existem em português com sentido diferente

• submissão (de trabalhos): envio, apresentação
• disrupção: perturbação
• assumir: considerar, pressupor, presumir
• realizar: perceber
• endereçar: tratar de
• suporte (ao cliente): atendimento
• suportar (uma idéia, um projeto): apoiar, financiar
• suportar (uma função, recurso, característica): oferecer, ser compatível com
• literacia: instrução, alfabetização
• convoluto: complicado.
• acurácia: precisão.
• resiliência: resistência.

Aportuguesamentos desnecessários

• estartar: iniciar, começar
• treidar: negociar, especular

Expressões

• "não é sobre...": "não se trata de..."

---

Ver também

• Algumas expressões e ditados excelentes da língua portuguesa, e outras não tão excelentes assim

@ 6a6be47b:3e74e3e1

Hi frens! 🎧

🎶 I just can’t stop listening to the new Deafheaven album, Lonely People with Power. I’ve been hesitant to write about it because I’m no music expert—I’m just a fan, and my appreciation is mostly pure excitement and awe.

So, honestly, my opinion is very biased because I love this band so much. Their newest album has completely taken over my playlists since its release. I’m hooked.

Their last album was a dreamy blend of shoegaze and black metal with those signature “goblin core” screams (forgive my genre-mixing, I just go with what I feel!), and I loved it. Songs like “Neptune Raining Diamonds” flowing into “Lament for Wasps” felt like being transported to another dimension—chef’s kiss.

👀If you know Deafheaven, maybe you first heard them through their cult classic Sunbather, or maybe New Bermuda, or something else entirely.

🧛‍♂️ If you’re used to their darker sound, maybe the last album wasn’t your thing. But this one—oh wow. From the instrumental opening track, I was in for a ride. The music is a mix of pain, loneliness, despair, and sadness, all wrapped in ethereal sounds and bursts of fury.

It’s hard to describe, but the lyrics—while dark—feel universal. There’s a sense of being observed, feeling helpless, but also a glimmer of hope, a sense that something new might begin. That’s exactly how this album left me feeling.

🎵 If you haven’t given this album a chance yet, I really hope you do! And if you have, what was your favorite part? For me, it’s those smooth transitions between songs—going from “Incidental II” to “Revelator,” and then topping it off with “Body Behaviour.” Mind blown.

Well, those are my two sats! Enjoy your week and take care, frens.

Godspeed! 🚀

https://stacker.news/items/1002715

@ eb0157af:77ab6c55

Circle’s IPO triggers a Tether value estimate, which would bring the co-founder’s wealth to approximately $242 billion.

The listing of Circle on the NYSE represented for the first time a public valuation metric for the entire dollar-pegged stablecoin sector. Applying the financial multiples that emerged from Circle’s IPO to Tether’s balance sheets, one can hypothesize a potential valuation of $515 billion for the USDT issuing company. A figure that, if confirmed by a future listing or acquisition, would transform Giancarlo Devasini, co-founder and Chairman of Tether with 47% of the shares according to Forbes, into one of the richest men on the planet.

The numbers

Circle completed its NYSE listing on June 5 through a SPAC, with a valuation of approximately $8 billion. With declared net profits of approximately $250 million in 2023, the price-earnings (P/E) ratio stands at around 36.

Tether recorded estimated profits of $12 billion in 2024. Applying the same multiple as Circle, the theoretical valuation reaches $480 billion. To this base figure, some analysts have observed the absence of assets held by Tether: $120 billion in US Treasuries, over $10 billion in bitcoin, physical gold reserves and stakes in private technology companies.

Analyst Jon Ma, CEO of Artemis, calculated a comprehensive valuation of $515 billion. Paolo Ardoino, CEO of Tether, commented on the estimate on X calling it “a beautiful number” and “maybe a bit bearish considering our current (and increasing) Bitcoin + Gold treasury”.

A $242 billion fortune

With 47% of Tether Holdings Ltd. shares, Devasini would see his theoretical net worth reach $242.05 billion. A figure that would place him in second place in the Forbes ranking of world billionaires, surpassing Mark Zuckerberg and Jeff Bezos ($215 billion), Larry Ellison ($192 billion) and Bernard Arnault ($178 billion).

Only Elon Musk, with $342 billion, would maintain first position. However, the $515 billion valuation for Tether remains theoretical and depends on a future listing or acquisition.

The post Theoretical $515 billion valuation for Tether: Chairman Devasini second richest man in the world? appeared first on Atlas21.

@ 3bf0c63f:aefa459d

How to do curation and businesses on Nostr

Suppose you want to start a Nostr business.

You might be tempted to make a closed platform that reuses Nostr identities and grabs (some) content from the external Nostr network, only to imprison it inside your thing -- and then you're going to run an amazing AI-powered algorithm on that content and "surface" only the best stuff and people will flock to your app.

This will be specially good if you're going after one of the many unexplored niches of Nostr in which reading immediately from people you know doesn't work as you generally want to discover new things from the outer world, such as:

• food recipe sharing;
• sharing of long articles about varying topics;
• markets for used goods;
• freelancer work and job offers;
• specific in-game lobbies and matchmaking;
• directories of accredited professionals;
• sharing of original music, drawings and other artistic creations;
• restaurant recommendations
• and so on.

But that is not the correct approach and damages the freedom and interoperability of Nostr, posing a centralization threat to the protocol. Even if it "works" and your business is incredibly successful it will just enshrine you as the head of a platform that controls users and thus is prone to all the bad things that happen to all these platforms. Your company will start to display ads and shape the public discourse, you'll need a big legal team, the FBI will talk to you, advertisers will play a big role and so on.

If you are interested in Nostr today that must be because you appreciate the fact that it is not owned by any companies, so it's safe to assume you don't want to be that company that owns it. So what should you do instead? Here's an idea in two steps:

1. Write a Nostr client tailored to the niche you want to cover

If it's a music sharing thing, then the client will have a way to play the audio and so on; if it's a restaurant sharing it will have maps with the locations of the restaurants or whatever, you get the idea. Hopefully there will be a NIP or a NUD specifying how to create and interact with events relating to this niche, or you will write or contribute with the creation of one, because without interoperability this can't be Nostr.

The client should work independently of any special backend requirements and ideally be open-source. It should have a way for users to configure to which relays they want to connect to see "global" content -- i.e., they might want to connect to wss://nostr.chrysalisrecords.com/ to see only the latest music releases accredited by that label or to wss://nostr.indiemusic.com/ to get music from independent producers from that community.

1. Run a relay that does all the magic

This is where your value-adding capabilities come into play: if you have that magic sauce you should be able to apply it here. Your service -- let's call it wss://magicsaucemusic.com/ -- will charge people or do some KYM (know your music) validation or use some very advanced AI sorcery to filter out the spam and the garbage and display the best content to your users who will request the global feed from it (["REQ", "_", {}]), and this will cause people to want to publish to your relay while others will want to read from it.

You set your relay as the default option in the client and let things happen. Your relay is like your "website" and people are free to connect to it or not. You don't own the network, you're just competing against other websites on a leveled playing field, so you're not responsible for it. Users get seamless browsing across multiple websites, unified identities, a unified interface (that could be different in a different client) and social interaction capabilities that work in the same way for all, and they do not depend on you, therefore they're more likely to trust you.

---

Does this centralize the network still? But this a simple and easy way to go about the matter and scales well in all aspects.

Besides allowing users to connect to specific relays for getting a feed of curated content, such clients should also do all kinds of "social" (i.e. following, commenting etc) activities (if they choose to do that) using the outbox model -- i.e. if I find a musician I like under wss://magicsaucemusic.com and I decide to follow them I should keep getting updates from them even if they get banned from that relay and start publishing on wss://nos.lol or wss://relay.damus.io or whatever relay that doesn't even know anything about music.

The hardcoded defaults and manual typing of relay URLs can be annoying. But I think it works well at the current stage of Nostr development. Soon, though, we can create events that recommend other relays or share relay lists specific to each kind of activity so users can get in-app suggestions of relays their friends are using to get their music from and so on. That kind of stuff can go a long way.

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

— KULR Technology (@KULRTech) June 9, 2025

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

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

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

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

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

@ d57360cb:4fe7d935

When I see a beginner in jiu jitsu start their journey they have a natural tendency to want to learn the ‘secret’. That one trick, the one technique, the one move that will make them completely unstoppable. This way of thinking is fools gold and it’s so easy to fall for.

In any pursuit there is no ‘secret’. There are fundamentals. Fundamentals are the deep understandings of the mechanics of things. The reason any techniques exist, is because the fundamentals. In a way the techniques being taught are summaries of a collection of fundamental mechanics. To fall in love with the summary misses the deep reservoir of knowledge hiding under the iceberg.

In order for art, mastery and craftsmanship to appear you must dive deep into the source from which the techniques came.

Techniques are not truth, they summarize truth.

@ 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".

@ 3bf0c63f:aefa459d

Estórias

• O caso da Grêmio TV
• Jofer
• Lagoa Santa: como chegar -- partindo da rodoviária de Belo Horizonte
• O Planetinha

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ 3bf0c63f:aefa459d

Why relay hints are important

Recently Coracle has removed support for following relay hints in Nostr event references.

Supposedly Coracle is now relying only on public key hints and kind:10002 events to determine where to fetch events from a user. That is a catastrophic idea that destroys much of Nostr's flexibility for no gain at all.

• Someone makes a post inside a community (either a NIP-29 community or a NIP-87 community) and others want to refer to that post in discussions in the external Nostr world of kind:1s -- now that cannot work because the person who created the post doesn't have the relays specific to those communities in their outbox list;
• There is a discussion happening in a niche relay, for example, a relay that can only be accessed by the participants of a conference for the duration of that conference -- since that relay is not in anyone's public outbox list, it's impossible for anyone outside of the conference to ever refer to these events;
• Some big public relays, say, relay.damus.io, decide to nuke their databases or periodically delete old events, a user keeps using that big relay as their outbox because it is fast and reliable, but chooses to archive their old events in a dedicated archival relay, say, cellar.nostr.wine, while prudently not including that in their outbox list because that would make no sense -- now it is impossible for anyone to refer to old notes from this user even though they are publicly accessible in cellar.nostr.wine;
• There are topical relays that curate content relating to niche (non-microblogging) topics, say, cooking recipes, and users choose to publish their recipes to these relays only -- but now they can't refer to these relays in the external Nostr world of kind:1s because these topical relays are not in their outbox lists.
• Suppose a user wants to maintain two different identities under the same keypair, say, one identity only talks about soccer in English, while the other only talks about art history in French, and the user very prudently keeps two different kind:10002 events in two different sets of "indexer" relays (or does it in some better way of announcing different relay sets) -- now one of this user's audiences cannot ever see notes created by him with their other persona, one half of the content of this user will be inacessible to the other half and vice-versa.
• If for any reason a relay does not want to accept events of a certain kind a user may publish to other relays, and it would all work fine if the user referenced that externally-published event from a normal event, but now that externally-published event is not reachable because the external relay is not in the user's outbox list.
• If someone, say, Alex Jones, is hard-banned everywhere and cannot event broadcast kind:10002 events to any of the commonly used index relays, that person will now appear as banned in most clients: in an ideal world in which clients followed nprofile and other relay hints Alex Jones could still live a normal Nostr life: he would print business cards with his nprofile instead of an npub and clients would immediately know from what relay to fetch his posts. When other users shared his posts or replied to it, they would include a relay hint to his personal relay and others would be able to see and then start following him on that relay directly -- now Alex Jones's events cannot be read by anyone that doesn't already know his relay.

@ 8bad92c3:ca714aa5

MicroStrategy's Debt-Financed Bitcoin Strategy Will Force a Reckoning Within 18 Months - Jessy Gilger

Jessy Gilger from Unchained Capital warned about the sustainability of MicroStrategy's model and its derivatives like MSTY. He predicts that as more companies adopt Bitcoin treasury strategies, "the P&L will matter more as the balance sheet gets commoditized." Within the next 18 months, he expects the current arbitrage opportunities that MicroStrategy exploits will diminish as Bitcoin reaches higher liquidity levels and more competitors enter the space.

His most concerning prediction involves MSTY specifically, which currently offers distributions annualized at 120% - far exceeding the 16-22% he calculates as reasonable from covered call strategies. "If a whale wants out of MSTY in size... they could sell those derivative positions into an illiquid market where there's no bid," potentially causing a 95% collapse similar to what happened with gold mining ETFs during COVID. He advises investors to consider "private pools" for options strategies rather than pooled products where "you're in the pool with everyone else" and subject to forced liquidations.

Pensions Will Drive the Next Major Bitcoin Adoption Wave in 2026-2027 - Adam Back

Adam Back sees institutional adoption accelerating dramatically as pension funds begin allocating to Bitcoin. "The institutional cover of some of the bigger entities that people would reference... you don't get fired for following BlackRock's recommendation," he explained. With BlackRock now suggesting 2% portfolio allocations and the infrastructure finally in place through Blockstream's new Gannett Trust Company, the barriers for institutional adoption are falling rapidly.

Back predicts this will create a "snowball" effect as pension funds realize Bitcoin can help address their massive unfunded liabilities. He noted that financial institutions offering Bitcoin products are "slow movers" with "policies and training materials and guidance that they got to get through," but once activated, the scale will dwarf current retail and ETF flows. The combination of pension fund allocations, continued nation-state adoption, and the mathematical scarcity of Bitcoin leads him to view even $100,000 as "cheap" given where the market is headed.

Traditional Bond Markets Will Collapse as Bitcoin Becomes the Escape Hatch - Sean Bill

Sean Bill sees a massive shift coming as bond markets deteriorate globally. "You peel back the onion. So who benefits from financial repression, right. And inflating your way out of assets," he explained. With Japanese bond yields blowing out and U.S. 30-year yields jumping 10 basis points in a single day, Bill predicts we're witnessing the early stages of a sovereign debt crisis that will drive unprecedented flows into Bitcoin.

He pointed to Japan's MetaPlanet as a preview of what's coming: "The whole bond market of Japan just flowed into a hotel company." As pension funds and institutions realize they can't meet obligations through traditional fixed income, Bitcoin will become the only viable alternative. Bill believes this transition will accelerate once fiduciaries understand Bitcoin's role as "pristine collateral" that can help them "chip away at those unfunded liabilities." His experience getting Santa Clara County's pension into Bitcoin in 2021 showed him firsthand how a 1-3% allocation at $17,000 could have "wiped out the unfunded liability" as Bitcoin approached $100,000.

Adam Back & Sean Bill Podcast Here

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Blockspace conducts cutting-edge proprietary research for investors.

New Bitcoin Mining Pool Flips Industry Model: "Plebs Eat First" Could Threaten Corporate Dominance

UTXO Management's explosive report forecasts unprecedented institutional demand that could absorb 20% of Bitcoin's circulating supply by 2026. Bitcoin ETFs shattered records with $36.2 billion in year-one inflows, crushing every commodity ETF launch—and they're projected to hit $100 billion annually by 2027.

The real story? ETFs are just the appetizer. Five massive catalysts are converging: wealth platforms eyeing $120 billion from a modest 0.5% allocation across $60 trillion AUM; corporations following MicroStrategy's playbook now holding 803,143 BTC; potential U.S. Strategic Reserve of 1 million BTC; 13 states with active Bitcoin reserve bills; and the rise of BTCfi yield strategies offering 2-15% returns.

The game-changer: these aren't day traders. CFOs, treasurers, and governments are structurally locked buyers seeking BTC-denominated yields, not quick profits. With FASB mark-to-market accounting removing impairment headaches and regulatory clarity accelerating globally, institutions face a stark reality—allocate now or chase exposure at dramatically higher prices.

This isn't another cycle. It's the institutional colonization of Bitcoin.

Link to Full Article

Subscribe to them here (seriously, you should): https://newsletter.blockspacemedia.com/

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Ten31, the largest bitcoin-focused investor, has deployed $150M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.

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Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/

STACK SATS hat: https://tftcmerch.io/

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@ cae03c48:2a7d6671

Bitcoin Magazine

Strategy Buys $110 Million Worth of Bitcoin

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

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

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

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

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

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

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

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

@ 3bf0c63f:aefa459d

About Nostr, email and subscriptions

I check my emails like once or twice a week, always when I am looking for something specific in there.

Then I go there and I see a bunch of other stuff I had no idea I was missing. Even many things I wish I had seen before actually. And sometimes people just expect and assume I would have checked emails instantly as they arrived.

It's so weird because I'm not making a point, I just don't remember to open the damn "gmail.com" URL.

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I remember some people were making some a Nostr service a while ago that sent a DM to people with Nostr articles inside -- or some other forms of "subscription services on Nostr". It makes no sense at all.

Pulling in DMs from relays is exactly the same process (actually slightly more convoluted) than pulling normal public events, so why would a service assume that "sending a DM" was more likely to reach the target subscriber when the target had explicitly subscribed to that topic or writer?

Maybe due to how some specific clients work that is true, but fundamentally it is a very broken assumption that comes from some fantastic past era in which emails were 100% always seen and there was no way for anyone to subscribe to someone else's posts.

Building around such broken assumptions is the wrong approach. Instead we should be building new flows for subscribing to specific content from specific Nostr-native sources (creators directly or manual or automated curation providers, communities, relays etc), which is essentially what most clients are already doing anyway, but specifically Coracle's new custom feeds come to mind now.

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This also reminds me of the interviewer asking the Farcaster creator if Farcaster made "email addresses available to content creators" completely ignoring all the cryptography and nature of the protocol (Farcaster is shit, but at least they tried, and in this example you could imagine the interviewer asking the same thing about Nostr).

I imagine that if the interviewer had asked these people who were working (or suggesting) the Nostr DM subscription flow they would have answered: "no, you don't get their email addresses, but you can send them uncensorable DMs!" -- and that, again, is getting everything backwards.

@ cae03c48:2a7d6671

Bitcoin Magazine

BitMine Immersion Technologies Buys 100 Bitcoin in First Treasury Acquisition

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

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

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

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 9, 2025

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

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

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

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

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

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 6, 2025

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

@ 93bfc86d:fc8e91f5

질서자유주의가 자유주의 세상을 만드는 방법

안캡의 전략에는 크게 두 가지, 호페의 질서자유주의와 새뮤얼 콘킨 3세의 아고리즘이 있다.

로스바드-호페 라인의 질서자유주의는 논리를 기반으로 자연권을 정당화하고, 이를 통해 국가의 부당함을 설파한다. 미제스의 "인간은 행동한다."라는 제1공리부터 시작해서, 행동의 제1수단인 신체가 그 자신에게 소유되어야 한다는 자기 소유를 증명하고 자연권을 철저하게 연역적으로 정당화해간다. 안캡의 세상을 만들려는 이들의 방법론도 논리적이다.

예를 들어 호페의 『자유주의자는 무엇을 해야 하는가』 책에서는 위로부터의 전환이 불가능함에 따라 아래로부터의 전환을 해야 한다는 주장이 나온다. 과거에는 이런 자유로운 세상이 도래하기 위해서는 왕 한 명이 "앞으로 자기가 원하는 대로 보안 기업을 자유롭게 선택하고, 더 이상의 강제는 없다!"라고 선언만 하면 됐다. 따라서 왕 한 명만 어떻게 설득을 하거나, 압박을 하든 주리를 틀든 일단 왕이 이렇게 선언하게 하기만 하면 됐다. '마그나 카르타'도 결국 귀족 연합이 왕 한 명을 압박해 왕이 서명했던 것 아닌가?

반면에 현대 민주주의 사회를 보자. 대한민국에서 대통령 한 명이 최저임금을 폐지할 수 있는가? 최저임금은 헌법에 보장되는데(헌법 32조) 따라서 이를 폐지하는 것은 거의 개헌만큼이나 어렵다. 대통령이나 국회의원 과반이 발의를 해야 하고, 국회에서 재적 3분의 2 이상이 찬성해야 겨우 통과되며, 이렇게 통과해도 국민투표에서 과반수가 동의해야 겨우 없어지는 것이다. 즉, 거의 불가능에 가깝다.

따라서 호페는 위로부터의 전환이 불가능함에 따라 전국적인 중앙 정부의 투표를 거부할 것을 제안한다. 대통령 선거나 국회의원 선거 등 말이다. 여기서 중앙 정부 단위의 투표를 거부하는 이유는 중앙 정부의 부당성도 있지만, 이 투표를 통해 세상을 바꾸는 게 현실성이 없어서 그렇다.

같은 맥락에서 지역 선거의 투표는 항상 거부하는 건 아닌데, 자유주의자들이 한 국가 전체에서 과반을 얻는 것은 불가능하지만, 한 지역에 점점 몰리는 경우에는 적어도 그 지역에서는 과반이 될 수도 있기 때문이다. 따라서 아주 작은 지역에서 자유주의자들이 다수결이 된다면 적어도 그 지역에 한해서는 위로부터의 전환이 가능해진다. 그러면 투표를 거부하다가 지역구에서 본격적으로 투표를 하기 전에 선행되어야 할 일은 자유주의가 많이 퍼지고, 자유주의를 지지하는 사람들이 특정 지역에 몰리기 시작해야 하는 것일 것이다. 비트코이너들이 특정 지역에 몰려 시타델을 건설하는 상황을 생각하면 될 것 같다.

그 이후에는? 지역구의 대표로 선출된 인물이 해당 지역구의 투표권을 재산 소유자에게 재산 크기(지분)대로 다시 분배해야 한다. 즉, 재산이 없는 사람은 투표권이 없다. 모든 공공 인프라(도로, 수도, 전기, 교육, 치안, 사법 등등)는 전부 주식으로 판매되어 민영화된다(지방 정부는 이를 통해 재원을 마련한다). 이에 따라 공공 인프라는 완전히 사적 소유로 전환된다. 치안, 사법, 교육 모두 민간 영역으로 전환된다.

현재 세계에서 자유주의자들이 이런 관점을 취한다면 무엇을 해야 할까? 일단 자유주의를 더 많은 사람에게 퍼뜨려야 한다. 또한, 자유주의자들이 모일 지역을 물색해야 할 것이다. 그리고 중앙 정부 단위의 투표를 거부해야 할 것이다.

그림 1. 질서 자유주의의 상징인 아나코 캐피탈리즘 깃발

현대 민주주의 투표의 부당함

아고리즘의 전략을 이야기하기 전에 먼저 현대 민주주의 투표의 부당함에 대해 살펴보고 가자. 개인적인 생각도 들어가 있다.

투표 행위 자체는 유권자의 권리 행사로 전혀 나쁠 것이 없다. 다수결의 원칙도 당연히 마찬가지다. 투표 당사자들이 다수결의 원칙에 동의하기 때문에 참여하는 것이기 때문이다. 그래서 민주주의는 선거에서 져도 그 결과에 승복하는 것이 그 시스템의 규칙이다. 예를 들어 주주총회에서 주주들이 지분대로 의결권을 행사하거나 행사하지 않아서 생기는 결과는 그 행위 자체로는 전혀 문제가 없다.

투표의 정당성은 투표라는 행위 자체로부터 판단되는 것이 아니라 그 투표가 어떤 시스템 아래서 이뤄지는 투표인지로부터 판단해야 한다. 나는 두 가지 관점에서 살펴볼 것이다.

현대 민주주의의 투표는 유권자가 자신의 권리를 당선자에게 위임하는 행위다. 한 후보가 당선되면 다수결의 원칙에 따라서 그 후보는 그 후보를 찍지 않은 유권자들의 권리까지 모두 가져간다. 여기까지는 문제가 없다. 투표 행위 참여자들이 다수결의 원칙이라는 그 시스템에 동의하기 때문에 투표하기 때문이다.

그런데 현대 민주주의는 당선된 후보가 그 후보에게 투표했든, 투표하지 않았든, 기권을 했든 간에 다른 사람의 소유권을 마음껏 유린할 수 있는 권한도 가져간다. 이건 아주 큰 문제다. 국회의원이 세금을 늘리는 입법 권한을 행사하거나, 대통령이나 국회에서 예산을 편성해 정부 지출을 늘리고, 돈을 찍어내서 사람들의 소유권을 유린하는 행위가 용인된다.

어떤 사람도 다른 사람의 소유권을 침해할 수는 없다. 소유권은 단순히 희소한 재화의 분배 문제를 해결하는 실용적 대안이라서 중요한 것이 아니다. 인간 행동이라는 공리로부터 자기 소유 원칙을 이끌어내고, 그가 소유한 신체와 삶을 써서 획득한 재화(원초적 점유)에 대한 소유권을 보장하는 것이며, 그리고 이미 소유권이 있는 재화를 교환의 양 당사자가 자유롭게 교환하는 행위를 보장하는 것이다.

따라서 소유권은 인간에게 이성이 있다는 존엄성의 표현이자 인간 시간(삶)의 희소성과 귀중함을 인정하는 것이다. 어느 누구도 이를 모독할 권리는 없다. 이를 침해하는 것은 보편 원리에 따라 그 자신의 소유권도 포기한다는 뜻과 같으며, 이는 결국 자기 신체의 자기 소유도 부정하는 셈이 된다.

현대 민주주의에서 투표하는 것은 다른 누군가의 소유권을 유린할 사람을 뽑는 것과 같다. 애초에 이런 권한은 누구에게도 주어지지 않았으며 당연히 누구에게도 없으니 넘겨줄 수도 없는 권한이다.

현대 민주주의의 삼권분립 체제는 당선자에게 이러한 강탈의 권한이 보장된다. 설령 후보자가 이런 권한을 행사하지 않는다고 하더라도 이 시스템이 그러한 권한을 발동할 수 있다는 것을 언제든지 보장한다면 이러한 시스템은 폐기되어야 한다.

따라서 현대 민주주의에서 투표하는 행위는 누군가가 이러한 권한을 행사하는 것에 대한 동의로 간주될 수 있다. 어떤 후보가 이런 행위를 다른 후보보다 '덜' 한다고 해서 그 후보에 투표하는 것에 대한 정당성은 당연히 확보될 수 없다. 더하는지 덜하는지에 따라 이 약탈이 정당화될 수는 없기 때문이다.

심지어 어떤 후보가 이런 약탈 행위를 절대 안 할 것이라고 공언한다고 해도, 시스템에 이러한 권한이 보장되어 있는 이상 투표하는 행위는 이 시스템에 동의하는 행위이다. 그 후보가 당선된 이후 갑자기 돌변해 세금을 걷거나 국채를 팔아 예산을 확보하고 돈을 찍어내는 것이 시스템 상에서는 문제가 없기 때문이다. 이것은 간접 민주주의의 단점이라기 보다는, 애초에 이런 다른 사람에 대한 약탈 권한을 행사할 수 있는 시스템 자체가 잘못된 것이다.

현대 민주주의가 부당한 두 번째 이유는 이 시스템에 동의하지 않는 사람들조차 이 시스템의 피해자가 된다는 점이다.

도박에 참여하고 있는 사람들을 생각해보자. 승리자가 나머지 베팅한 모든 사람들의 베팅 금액을 약탈하는 것은 전혀 문제가 되지 않는다. 왜냐하면 도박 참여자들은 패배 시 자신이 베팅한 재산이 승자에게 몰수될 수도 있다는 것에 동의하고 도박에 참여하기 때문이다(따라서 이는 약탈이 아니다). 이에 동의하지 않는다면 도박을 그만하면 된다. 도박사는 언제든지 도박을 그만둘 자유가 있다.

그러나 현대 민주주의는 이 시스템에 동의하지 않더라도 그 나라에서 태어났다는 이유만으로 이러한 약탈에 강제 당할 수밖에 없다. '분배'하기 위해 투표를 할 거면 그 시스템에 동의하는 사람들끼리 서로의 재산을 놓고 분배하면 될 일이다. 그러나 이 시스템은 모든 사람들에게 이 시스템에 참여하는 것이 강제된다.

즉, 이 시스템은 애초에 잘못된 시스템인데 이 안에서 좌니 우니, 대통령제니 내각제니 사람들이 서로 경쟁하게 한다. 시스템 자체에 대한 의문을 품기는 매우 어려운 구조다.

이 시스템이 마음에 안 들면 이민을 가면 된다고 하는 주장은 전혀 설득력이 없다. 이민에 비용이 들고 다양한 현실적인 제약이 있다는 것은 차치하고서 이야기해보자. 만약 이러한 분배(?) 혹은 세금의 권한 행사자가 해당 지역 토지의 소유자고, 그 토지의 사용자가 소유자가 정한 분배 규칙에 동의하는 조건으로 토지를 사용한다면 이러한 세금과 같은 분배는 약탈은 아니다. 사용자가 그 규칙에 자발적으로 동의했으므로 정당화될 수 있는 것이다.

만약 국토의 모든 땅이 사실상 소유자가 있는 게 아니라, 사실상 국가의 소유이며 국가가 국민들에게 사용권을 나눠주는 것이라는 미친 주장을 해도(참고로 이건 토지의 사적 소유권을 부정하는 공산주의다!) 여전히 이 주장은 정당하지 않다.

토지의 소유권을 획득하는 방법은 두 가지가 있는데 첫째, 소유권이 없는 땅을 점유함으로써 소유권을 주장할 수 있게 되는 것, 둘째, 이미 소유권이 있는 토지를 자발적인 교환이나 기부를 통해 획득하는 것이다. 소유권이 있는 생산 수단을 통해 생산된 생산물도 소유권이 인정되는데, 토지는 생산이 불가능하니(우주정거장 같이 새로운 공간을 건설하는 게 아니라면...) 토지를 획득하는 방법은 언급한 두 가지 뿐이다.

그런데 현대 국가가 토지를 소유한 것의 기원을 살펴보자. 식민지화를 통해 강제로 점유하는 것은 대한민국은 해당이 없는 것 같다. 그러면 이미 소유자가 있는 사유지를 각종 규제와 사용 제한을 통해 사실상의 지배권을 확보하거나, 세금으로 축적한 재정으로 구입한 것이다. 그 기원이 모두 약탈에 있다는 점에서 국가의 토지 소유는 정당하지 않다.

따라서 규칙이 싫으면 이민을 가면 된다는 주장은 도둑이 도둑질을 하는데, 도둑질을 당하기 싫으면 멀리 도망가라는 식의 궤변과 같다.

그러나 국가의 계약은 완전히 비자발적이다. 단지 그 신체가 어디서 탄생했다는 이유만으로 그 시스템에 동의한 것이 될 수는 없다. 갓 태어난 아기는 다른 사람의 보호가 있어야만 생존할 수 있다는 점에서 완전히 비자발적인데, 이에 따라 당연히 탄생의 위치도 완전히 비자발적인 것이었기 때문이다.

또한 국가는 국토의 소유자가 아니다. 그보다는 국토의 소유권을 보장'해야' 하는 존재일 뿐이다. 누군가가 규칙을 정하고 싶다면 그 규칙의 영향권은 자신의 사유지 내에서만 영향력이 있으며, 당연히 그 규칙에 자발적으로 동의하는 사람들만 그 사유지를 이용하는 조건으로 계약할 수 있다. 　

정리해보자. 지금까지 현대 민주주의의 투표의 부당함에 대해 두 가지 관점에서 살펴봤다. 첫째는 투표가 약탈이 가능한 이 시스템에 동의한다는 행위라서 부당하다는 것이고, 둘째는 이 시스템에 동의하지 않는 사람들까지 약탈의 대상이 되는 이 시스템에 동의한다는 행위이므로 부당하다는 것이었다.

투표하지 않는 행위가 혹시 반대 세력이 활개치게 두게 되는 것은 아닐까? 그렇지 않다. 투표하지 않는 행위는 이 시스템의 정당성을 약화시킨다. 현대 민주주의의 큰 속임수가 있다. 민주주의에서 비롯된 통치 행위는 51%를 넘은 사람들이 그 통치 행위에 동의했기 때문에 자행되어도 된다는 매우 비논리적인 주장에 입각하고 있다. 이는 당연히 정당성이 없다. 그런데 진짜 큰 속임수는 그 통치 행위에 동의한 사람이 심지어 과반도 아니라는 것이다.

만약 어떤 후보가 생산에 적대적인 수준의 세금 부과와 보편 복지, 최저임금 인상 등의 모두가 고통받는 정책을 공약으로 내세워 당선이 되었다고 해보자. 해당 후보의 득표율이 51%라고 한다면 이는 전국의 51% 국민이 해당 후보를 지지하는 것과 같은 착각을 일으킨다. 그렇지 않다. 만약 투표율이 75%라면, 해당 후보에 동의한 사람은 0.75 x 0.51 = 38%가 된다. 즉, 38%의 동의로 인해 모든 사람이 함께 고통 받게 되는 것이다.

그래서 민주주의는 이러한 사실을 감추면서 사람들에게 투표를 독려할 수밖에 없다. 투표율이 조금만 낮아져도 이에 대한 정당성이 심각하게 낮아지기 때문이다. 투표율이 50%인 상황에서 어떤 후보가 51%의 표를 얻어 당선된다면 전 국민의 25%의 지지로 당선된 것과 같은데 이는 통치 행위에 대한 정당성을 매우 약화시킨다.

소비자 주권 행사

그러면 투표라는 행위가 없다면 일반 시민들은 어떻게 주권을 행사할 수 있을까? 사실 우리는 매일매일 자발적으로 투표를 하고 있다. 바로 미제스가 말한 '소비자 주권' 행사다.

우리는 기업들이 우리에게 어떤 효용을 주는지에 따라 계속 투표한다. 어떤 기업을 살리고, 어떤 기업을 죽일지, 어떤 기업을 거지 기업에서 부자 기업으로 만들지, 또는 어떤 기업을 부자 기업에서 거지 기업으로 만들지 투표한다. 바로 '소비'를 통해서 말이다.

이러한 소비라는 투표 방식은 완전히 자발적이라는 점에서 소유권을 제대로 보장한다. 약탈과는 완전히 동떨어진 행위다.

또한, 이러한 투표 방식은 각자가 원하는 대로 효용을 누릴 수 있다. 사법과 치안도 시장의 영역으로 들어오면 우리는 어떤 규칙 아래서 살아갈지 자유롭게 선택할 수 있다. 즉, 내가 선택한 규칙이 다른 사람에게도 강제되지 않고, 다른 사람이 선택한 규칙이 나에게 강제되지도 않는다. 서로 다른 규칙이 충돌하면 그 규칙들의 간극을 중재하는 기업이 나타난다. 자연적으로 질서가 꽃 피는 것이다.

생산 권한은 기업에게 달려있지만 심판은 소비자가 한다. 생산자가 소비자의 의지에 반하는 생산을 하면 바로 시장에서 퇴출되기 때문이다. 기업은 소비자에게 어떤 도덕적 의무를 강요할 수도 없다. 기업은 소비자가 원하는 것이 있다면 생산할 뿐이다. 소비자는 기업에게 자신들이 원하는 것을 최대한 효율적으로 자원을 분배하여 생산할 것을 명령하고 생산 권한을 위임하는 셈이다. 그 기업이 소비자가 원하는 것을 생산하지 않으면 어차피 다른 어떤 기업이 생산하여 거기서 챙길 수 있는 소비자의 표, 즉 이익을 가져갈 것이다.

만약 '소비'라는 투표 행위 자체에 반대한다면 오지에 있는 땅을 사서 문명을 떠나 자급자족하며 사는 것도 가능하다. 각자가 자신만의 방식으로 삶을 선택할 수 있는 것이다.

이 투표 시스템에서 표는 돈이다. 돈으로 투표를 한다는 것이 비인간적으로 느껴질지도 모르겠다. 그러나 돈으로 투표하는 것은 지극히 인간적인데, 그 투표권을 얻기 위해서는 먼저 다른 사람들이 원하는 것을 해줘서 그 표를 얻어야 하기 때문이다. 소비하려면 먼저 생산해야 한다. 이건 완전히 약탈 없는 시스템이고, 모든 인간 시간에 대한 존중이다.

이러한 이유들로 나는 이제 현대 민주주의에 대한 투표를 거부하지만, 동시에 매일 소비를 통해 투표하고 있다.

아고리즘이 자유주의 세상을 만드는 방법

이제 아고리즘의 전략을 살펴보자. 로스바드-호페의 질서 자유주의를 살펴본 뒤, 현대 민주주의의 투표에 대한 부당함을 살펴본 것이 뜬금 없는 이야기는 아니었는데, 아고리즘은 이러한 이유로 어떠한 투표도 거부하기 때문이다. 아고리즘의 창시자인 새뮤얼 콘킨 3세가 로스바드와 갈라선 것도 로스바드가 정치와 연대하는 전략적 행보를 보이면서부터였다.

아고리즘은 자유로운 세상을 만들기 위해 자유 시장인 아고라를 적극 활용할 것을 주장한다. 이들은 정부가 추적할 수 없는 자유로운 암시장을 확대해서 정부의 힘을 약화시키는 방법을 써야 한다고 주장한다. 이 암시장은 당연히 무기, 마약, 성매매 등을 포함한 시장을 말한다.

그래서 자유지상주의를 도래시키기 위한 이들의 전략은 정부가 추적할 수 없는 시장을 만들고, 하나의 병렬 경제(대항 경제)를 만들어 정부의 힘을 지속적으로 약화시키는 것이다. 이들은 납세 거부 운동, 투표 거부 운동을 장려하며 암시장과 암호 기술을 적극 활용한다. 참고로 사이퍼펑크 같은 기술 자유주의는 분류하자면 질서자유주의보다 아고리즘 쪽에 더 가깝다(로스 울브리히트의 실크로드를 생각해보자...!)

로스바드-호페의 질서자유주의와 콘킨의 아고리즘은 둘 다 자유지상주의의 실현을 목표로 하지만, 질서자유주의는 논리적으로 윤리적 정당성을 확보하고, 그러한 정당성을 바탕으로 자유지상주의를 실현시키기 위해 현실 세계에 이미 존재하는 제도들도 전략적으로 이용한다. 반면 콘킨의 아고리즘은 자유지상주의의 윤리적 정당성보다는 그걸 도래시키기 위한 전략들에 치중하며, 정치와 절대 타협하지 않고, 전략적으로 이용하려고도 하지 않는다. 목표는 같지만 서로 다른 방법을 취하는 것이다.

1980년 공개된 콘킨의 「신 자유주의자 선언」은 미제스와 로스바드, 르페브르에 대한 감사로 시작하지만, 1장에서 다음과 같은 문구도 나온다. (이것도 언제 다 번역해봐야겠다!)

"처음 나타난 반격은 ... 개혁주의—국가주의를—'개선'하겠다는 명분으로 국가의 직책을 받아들이는 것까지 포함한다!—이 모든 반反 원칙들에 대해서... 그중 가장 끔찍한 것은 '정당주의'인데, 이는 자유지상주의적 목적을 국가주의적 수단, 특히 정당을 통해 달성하려는 반反 개념이다. '자유지상주의' 정당은 국가가 이제 막 출현한 자유지상주의자들에게 퍼부은 두 번째 반격이었다. 처음에는 터무니 없는 모순으로, 그 다음에는 침략군으로 등장했다."

로스바드가 1992년 공화당 경선 후보였던 팻 뷰캐넌을 공개적으로 지지했을 때(이때 공화당 경선에서 뷰캐넌은 아버지 부시한테 졌고, 대선은 민주당 빌 클린턴 승리), 콘킨이 어떤 반응을 보였을지 상상해보자. 저런 선언문을 썼는데 말이다. 콘킨은 로스바드가 자유지상주의 원칙을 저버렸다면서 자신이 편집하는 잡지 『신 자유지상주의자』에서 로스바드의 행위를 "자유의 원칙을 포기한 행위"라고 비난했다.

반면 로스바드는 소수의 자유지상주의 지식인들만으로는 자유지상주의 사회를 건설할 수 없으므로 대중과 연합해야 한다고 주장했다. 팻 뷰캐넌 같은 인물을 통해 중산층이나 노동계층의 지지를 얻을 수 있고, 자유지상주의 목표를 달성할 수 있다고 했다. 이때 나온 전략이 자유주의적 경제 질서와 보수적 문화 질서를 결합한 '팔레오 자유지상주의'다. 로스바드는 아고리즘 세력에게 순수성만을 강조하며 현실 세계와 단절된 사람들은 무기력한 이상주의자들이라고 반박하며, 자신은 국가주의를 지지하는 게 아니라 그 세력 안에 있는 반국가적 잠재력을 이끌어내는 것이라고 했다.

그림 2. 아고리즘의 깃발

질서자유주의와 아고리즘의 공동체적 배제에 관한 입장 차이

콘킨의 아고리즘과 로스바드-호페 라인의 질서자유주의의 차이는 정치 같은 기존 제도들을 전략적으로 이용할 수 있는지뿐만 아니라 공동체적 배제에 관한 입장에서도 약간 갈라진다.

자유주의에서는 자유로운 수용과 자유로운 '배제'도 보장되어야 한다. 즉, 예를 들어 어떤 사람이 장사를 하는데 동성애자나 흑인이나 채식주의자를 직원이나 손님으로 받지 않는 것도 장사하는 사람의 자유로운 배제 권리라는 것이다. 자신의 사유지에 어떤 사람을 들일지, 들이지 않을지는 전적으로 소유자의 몫이다. 그리고 여기서 배제는 당연히 폭력으로 이어지지 않는 선에서의 자유로운 배제다.

이러한 배제가 한 공동체 전체로 퍼졌다고 해보자. 지금은 동성애자에 대한 예시만 들겠다(필자는 동성애에 대해 부정적 감정이 전혀 없으니 동성애자 분들은 오해 마시길). 만약 한 지역 소유자 공동체 전체가 동성애자에 대한 배제를 주장한다면 당연히 동성애자는 그 공동체에 들어갈 수가 없다.

여기서 이를 다루는 뉘앙스가 약간 다른데, 호페는 이를 자유로운 계약에 의한 공동체적 질서의 탄생이라 보며 긍정적으로 본다. 물론 절대로 이러한 배제가 폭력으로 이어져서는 안 된다. 폭력으로 이어지면 비침해성 공리 위반이므로 정당성이 없다.

아고리즘은 개인들의 자발적인 배제는 자유지만, 이것이 공동체적 배제로 발전하고 구조적 차별이나 집단적 억압으로 발전하는 건 국가의 또 다른 형태일 뿐이라 생각하여 이를 경계한다. 그래서 개인 차원의 자율적 배제는 정당하지만, 공동체 차원의 배제는 경계한다. 그렇다고 이걸 없애야 한다 이런 건 아니다(개인들의 자유로운 배제가 공동체 배제로도 이어질 수 있는 것이므로). 콘킨은 공동체적 배제가 탄생할 수 있지만 그것이 비합리적인 배제라면 대안 시장이 탄생할 것으로 본다. 동성애자들을 위한 시장과 마을이 생길 것이고, 비합리적인 배제는 이러한 고객들을 놓친 것에 대한 손실로 이어질 것이라고 본다. 즉, 모든 개인이 자유 시장 아고라에서 자발적으로 교환할 권리를 가져야 하며, 차별적인 배제들은 시장 안에서 경쟁할 수 있을 거라 본다. 만약 대안 시장이 없는 상황에서 모두가 배제한다면 이는 실질적 강제처럼 작동할 수 있기 때문이다.

자유지상주의 안에서 콘킨의 아고리즘은 차별이나 수용을 대하는 태도에서 좀 더 좌파적인 것처럼 보인다. 실제로 콘킨의 「신 자유주의자 선언」에 등장하는 용어들도 약간 그러한 뉘앙스가 있다. 콘킨은 전통적인 좌파 단어들을 전략적으로 차용했다. 예를 들면 혁명, 착취, 해방운동, 불복종, 저항, 암시장, 아나키즘 등의 단어다. 당연히 전통적인 좌파 단어의 뜻과는 완전히 다르다. 혁명은 아고라를 통한 "비정치적" 자유주의 혁명을 의미하며, 착취는 마르크스의 자본가가 노동자를 착취한다고 했던 그 착취가 아니라, 국가주의와 결탁한 크로니 자본주의자들의 제도적 진입장벽을 만들고, 캉티용 효과의 수혜를 누리는 그러한 오염된 자본주의자들이 하는 것을 착취라고 했다(아고리즘은 국가에 의존하지 않는 기업가와 국가로부터 특혜를 받는 착취적 기업가를 구분한다. 선언문 참고).

정리하자! 로스바드-호페의 질서 자유주의와 콘킨의 아고리즘의 차이점은 다음과 같다.

로스바드-호페의 질서 자유주의는 정치 등을 전략적으로 이용하는 것을 허용한다. 로스바드는 공화당 경선 후보를 공개적으로 지지하여 우파 사람들로부터 자유지상주의에 대한 관심을 끌려고 했고, 호페는 전국단위의 투표나 정당 활동은 거부해도 지역 단위의 투표는 승리 가능성에 따라 조건부로 허용한다. 반면 아고리즘은 어떠한 정치 활동도 거부하며 오직 국가의 통제로부터 동떨어진 자유로운 시장에 의한 혁명을 추구한다.

얼마 전에 있었던 비트코이너들이 보수 우파 스페이스에 들어가서 비트코인에 대해 전파하는 걸 상상해보면 쉽다. 우파 국가주의자들은 국가 시스템에 의한 문제 해결을 강력한 지도자가 등장해 모든 것을 해결해줘야 한다는 잘못된 방법론에 빠져있는 경우가 많은데(문제를 더 큰 문제로 해결하려는 셈...), 누군가는 이걸 보고 저런 사람들과 협력하면 안 된다고 할 것이고, 누군가는 비트코인과 자유주의를 전파하기 위해 그래도 가능성이 높은 이들 사회에 섞여들어가 이야기도 하고, 전파도 하려고 할 것이기 때문이다.

또한 한 가지 차이점은 질서 자유주의와 아고리즘 모두 공동체적 배제는 인정하나, 질서 자유주의는 이를 자유로운 계약에 의해 등장한 공동체적 질서로 보고, 아고리즘은 공동체적 배제가 집단적 억압으로 발전할 것을 경계한다. 아고리즘에서는 비합리적 차별에 의한 배제는 대안 시장이 생겨 극복될 수 있다고 본다.

자유주의 세상을 만들기 위해서는 어떻게 해야 하는가

이제 무엇이 옳은지 스스로 판단해보자. 지금부터는 개인적인 생각이 매우 많이 들어가있으므로 주의하라.

콘킨의 아고리즘은 암시장의 확대를 노려 정부 권한을 약화시키려 하지만 이는 대중의 지지를 얻기 어렵다. 또한, 이러한 병렬 경제는 한 곳에 집중되기 어렵고 넓고 약하게 퍼져있을 수밖에 없다.

로스바드-호페의 질서자유주의는 현실에 이미 존재하는 제도들을 전략적으로 활용한다. 현실적으로 대중의 지지를 얻을 가능성이 있고, 한 지역에 자유주의자들이 집중되면 적어도 그 지역에서는 지역 투표를 통해 위로부터의 전환이 가능하다. 하나의 자유지상주의적인 지역이 좋은 모범이 되면 다른 지역도 채택할 가능성이 커진다.

어떤 전략을 택해야 하는가? 나는 자유지상주의가 도래하게 하기 위해서는 두 전략 다 써야 한다고 생각한다. 질서자유주의자들의 주장대로 대중의 지지 없이는 자유지상주의가 도래하게 할 수 없다. 대한민국에 있는 "진짜" 비트코이너+자유지상주의자들이 대략 몇 명쯤 될까? 높게 잡아 1,000명 정도 된다고 해보자. 이들 전부가 특정 지역에 모인다고 해도 자유지상주의 질서를 건립할 수는 없다. 찾아보니 대한민국에서 인구가 가장 적은 시가 충남 계룡시라고 한다. 여기 인구는 약 4만3천 명인데, 여기에 51% 공격을 가하려고 해도 적어도 4만 명이 필요하다는 뜻이다. 따라서 아고리스트들처럼 대중의 지지를 얻기 위한 전략을 완고하게 거부하다간 어떠한 힘도 얻지 못하고 선민 의식에만 갇힐 수 있다.

반면 아고리스트들의 주장대로 병렬 경제도 필요하다. 잘 세뇌된 대중은 폭력 집단의 강탈이 있어야만 사회가 유지될 수 있다는 환상에 사로잡혀있다. 병렬 경제는 이러한 환상을 깨뜨릴 좋은 수단이다. 정부 추적이나 제3자 없이 부의 보존이 가능하고, 당사자끼리의 직접 결제가 가능하다는 것을 사람들이 경험하면 생각이 크게 바뀔 것이다. 비트코인으로 결제를 해본 사람과 한 번도 해본 적 없는 사람은 이런 자유지상주의 세상에 대한 이해의 폭이 다를 수밖에 없다. 또한, 비트코인은 개인들에게 큰 힘이 되는데 국가 시스템의 폭력으로부터 개인들이 생산 가치를 지킬 수 있는 강력한 방패이자 동시에 무기가 되기 때문이다.

그러나 아고리즘의 주장인 병렬 경제 중 특히 암시장 전략—국가의 통제가 미치지 않는 무기, 마약, 성매매 등을 확장하는 것—에는 동의하지 않는다. 당연히 자유지상주의자인 나는 총기나 마약, 성매매 등도 자발적인 계약에 의해 시장에서 더 건전하게 다뤄질 수 있다고 생각한다. 지금처럼 불법화되어있는 사회와 다르게 자유시장에서는 마약의 순도나 안정성에 대해 인증해주는 기관, 의사들도 등장할 것이고, 성매매도 비슷한 방식으로 질서화될 수 있다고 생각한다. 혹은 이러한 시장은 시간 선호를 지나치게 높이고 전통적인 가족 질서를 해칠 수 있으므로 공동체적 배제가 일어날 수도 있다. 무기, 마약, 성매매는 일반 대중들이 생각하는 '질서'와는 거리가 있다. 우리는 더 많은 사람들을 끌어들여야 하는데 이는 처음에 일단 거부감을 일으킬 수 있다.

따라서 자극적인 암시장보다는 사람들의 반감이 없는 상품들을 먼저 비트코인으로 거래하고, 국가가 추적하지 못하게 함으로써 납세 거부의 물결이 퍼지게 해야 한다. 동시에 더 많은 사람들에게 자유주의를 전파해야 한다. 더 많은 개인과 비트코인을 통한 병렬 경제라는 두 가지 무기가 함께 생겨야 지역 단위에서의 자유주의 세상을 만들 수 있을 것이다. 먼저 자유주의를 많은 사람들에게 전파해야 한다. 이 과정에서 좌파, 맑시즘, 케인지언들보다는 상대적으로 자유에 대한 이해가 좀 더 있는 집단인 우파 국가주의자들이나 기독교적 종교관을 가진 사람들 속에 섞여 들어가 거기서 전파를 할 수도 있다. 이러한 과정을 통해 자유주의자들이 많아지고, 한 지역에 모여야 한다. 비트코인이라는 무기를 가진 개인들이 한 지역에 모여 자유로운 시장을 형성하면, 호페가 말했던 것처럼 그 지역에서의 투표를 통해 작은 자유지상주의 세상을 만들 수 있다.

그림 3. 자유주의 세상을 만들기 위해서는 두 전략을 적절히 함께 써야 한다.

@ 3bf0c63f:aefa459d

Bitcoin transactions explained

A transaction is a piece of data that takes inputs and produces outputs. Forget about the blockchain thing, Bitcoin is actually just a big tree of transactions. The blockchain is just a way to keep transactions ordered.

Imagine you have 10 satoshis. That means you have them in an unspent transaction output (UTXO). You want to spend them, so you create a transaction. The transaction should reference unspent outputs as its inputs. Every transaction has an immutable id, so you use that id plus the index of the output (because transactions can have multiple outputs). Then you specify a script that unlocks that transaction and related signatures, then you specify outputs along with a script that locks these outputs.

As you can see, there's this lock/unlocking thing and there are inputs and outputs. Inputs must be unlocked by fulfilling the conditions specified by the person who created the transaction they're in. And outputs must be locked so anyone wanting to spend those outputs will need to unlock them.

For most of the cases locking and unlocking means specifying a public key whose controller (the person who has the corresponding private key) will be able to spend. Other fancy things are possible too, but we can ignore them for now.

Back to the 10 satoshis you want to spend. Since you've successfully referenced 10 satoshis and unlocked them, now you can specify the outputs (this is all done in a single step). You can specify one output of 10 satoshis, two of 5, one of 3 and one of 7, three of 3 and so on. The sum of outputs can't be more than 10. And if the sum of outputs is less than 10 the difference goes to fees. In the first days of Bitcoin you didn't need any fees, but now you do, otherwise your transaction won't be included in any block.

If you're still interested in transactions maybe you could take a look at this small chapter of that Andreas Antonopoulos book.

If you hate Andreas Antonopoulos because he is a communist shitcoiner or don't want to read more than half a page, go here: https://en.bitcoin.it/wiki/Coin_analogy

@ 3bf0c63f:aefa459d

Nostr is not decentralized nor censorship-resistant

Peter Todd has been saying this for a long time and all the time I've been thinking he is misunderstanding everything, but I guess a more charitable interpretation is that he is right.

Nostr today is indeed centralized.

Yesterday I published two harmless notes with the exact same content at the same time. In two minutes the notes had a noticeable difference in responses:

The top one was published to wss://nostr.wine, wss://nos.lol, wss://pyramid.fiatjaf.com. The second was published to the relay where I generally publish all my notes to, wss://pyramid.fiatjaf.com, and that is announced on my NIP-05 file and on my NIP-65 relay list.

A few minutes later I published that screenshot again in two identical notes to the same sets of relays, asking if people understood the implications. The difference in quantity of responses can still be seen today:

These results are skewed now by the fact that the two notes got rebroadcasted to multiple relays after some time, but the fundamental point remains.

What happened was that a huge lot more of people saw the first note compared to the second, and if Nostr was really censorship-resistant that shouldn't have happened at all.

Some people implied in the comments, with an air of obviousness, that publishing the note to "more relays" should have predictably resulted in more replies, which, again, shouldn't be the case if Nostr is really censorship-resistant.

What happens is that most people who engaged with the note are following me, in the sense that they have instructed their clients to fetch my notes on their behalf and present them in the UI, and clients are failing to do that despite me making it clear in multiple ways that my notes are to be found on wss://pyramid.fiatjaf.com.

If we were talking not about me, but about some public figure that was being censored by the State and got banned (or shadowbanned) by the 3 biggest public relays, the sad reality would be that the person would immediately get his reach reduced to ~10% of what they had before. This is not at all unlike what happened to dozens of personalities that were banned from the corporate social media platforms and then moved to other platforms -- how many of their original followers switched to these other platforms? Probably some small percentage close to 10%. In that sense Nostr today is similar to what we had before.

Peter Todd is right that if the way Nostr works is that you just subscribe to a small set of relays and expect to get everything from them then it tends to get very centralized very fast, and this is the reality today.

Peter Todd is wrong that Nostr is inherently centralized or that it needs a protocol change to become what it has always purported to be. He is in fact wrong today, because what is written above is not valid for all clients of today, and if we drive in the right direction we can successfully make Peter Todd be more and more wrong as time passes, instead of the contrary.

---

See also:

• Censorship-resistant relay discovery in Nostr
• A vision for content discovery and relay usage for basic social-networking in Nostr

@ b1ddb4d7:471244e7

“Not your keys, not your coins” isn’t a slogan—it’s a survival mantra in the age of digital sovereignty.

The seismic collapses of Mt. Gox (2014) and FTX (2022) weren’t anomalies; they were wake-up calls. When $8.7 billion in customer funds vanished with FTX, it exposed the fatal flaw of third-party custody: your bitcoin is only as secure as your custodian’s weakest link.

Yet today, As of early 2025, analysts estimate that between 2.3 million and 3.7 million Bitcoins are permanently lost, representing approximately 11–18% of bitcoin’s fixed maximum supply of 21 million coins, with some reports suggesting losses as high as 4 million BTC. This paradox reveals a critical truth: self-custody isn’t just preferable—it’s essential—but it must be done right.

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

• Rehypothecation Risk: Most platforms lend your bitcoin for yield generation. When Celsius collapsed, users discovered their “held” bitcoin was loaned out in risky strategies.
• Account Freezes: Regulatory actions can lock withdrawals overnight. In 2023, Binance suspended dollar withdrawals for U.S. users citing “partner bank issues,” trapping funds for weeks.
• Data Vulnerability: KYC requirements create honeypots for hackers. The 2024 Ledger breach exposed 270,000 users’ personal data despite hardware security.

True Self-Custody
Self-custody means exclusively controlling your private keys—the cryptographic strings that prove bitcoin ownership. Unlike banks or exchanges, self-custody eliminates:

• Counterparty risk (no FTX-style implosions)
• Censorship (no blocked transactions)
• Inflationary theft (no fractional reserve lending)

Conquering the Three Great Fears of Self-Custody

Fear 1: “I’ll Lose Everything If I Make a Mistake”

Reality: Human error is manageable with robust systems:

• Test Transactions: Always send a micro-amount (0.00001 BTC) before large transfers. Verify receipt AND ability to send back.
• Multi-Backup Protocol: Store seed phrases on fireproof/waterproof steel plates (not paper!). Distribute copies geographically—one in a home safe, another with trusted family 100+ miles away.
• SLIP39 Sharding: Split your seed into fragments requiring 3-of-5 shards to reconstruct. No single point of failure.

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

• Hardware Wallets: Devices like Bitkey or Ledger keep keys in “cold storage”—isolated from internet-connected devices. Transactions require physical confirmation.
• Multisig Vaults: Bitvault’s multi-sig system requires attackers compromise multiple locations/devices simultaneously. Even losing two keys won’t forfeit funds.
• Air-Gapped Verification: Use dedicated offline devices for wallet setup. Never type seeds on internet-connected machines.

Fear 3: “My Family Can’t Access It If I Die”

Reality: Inheritance is solvable:

• Dead Man Switches: Bitwarden’s emergency access allows trusted contacts to retrieve encrypted keys after a pre-set waiting period (e.g., 30 days).
• Inheritance Protocols: Bitkey’s inheritance solution shares decryption keys via designated beneficiaries’ emails. Requires multiple approvals to prevent abuse.
• Public Key Registries: Share wallet XPUBs (not private keys!) with heirs. They can monitor balances but not spend, ensuring transparency without risk.

The Freedom Dividend

1. Censorship Resistance: Send $10M BTC to a Wikileaks wallet without Visa/Mastercard blocking it.
2. Privacy Preservation: Avoid KYC surveillance—non-custodial wallets like Flash require zero ID verification.
3. Protocol Access: Participate in bitcoin-native innovations (Lightning Network, DLCs) only possible with self-custodied keys.
4. Black Swan Immunity: When Cyprus-style bank bailins happen, your bitcoin remains untouched in your vault.

The Sovereign’s Checklist

1. Withdraw from Exchanges: Move all BTC > $1,000 to self-custody immediately.
2. Buy Hardware Wallet: Purchase DIRECTLY from manufacturer (no Amazon!) to avoid supply-chain tampering.
3. Generate Seed OFFLINE: Use air-gapped device, write phrase on steel—never digitally.
4. Test Recovery: Delete wallet, restore from seed before funding.
5. Implement Multisig: For > $75k, use Bitvault for 2-of-3 multi-sig setup.
6. Create Inheritance Plan: Share XPUBs/SLIP39 shards with heirs + legal documents.

“Self-custody isn’t about avoiding risk—it’s about transferring risk from opaque institutions to transparent, controllable systems you design.”

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

• MPC Wallets: Services like Xapo Bank shatter keys into encrypted fragments distributed globally. No single device holds full keys, defeating physical theft.
• Social Recovery: Ethically designed networks (e.g., Bitkey) let trusted contacts restore access without custodial control.
• Biometric Assurance: Fingerprint reset protocols prevent lockouts from physical injuries.

Lost keys = lost bitcoin. But consider the alternative: entrusting your life savings to entities with proven 8% annual failure rates among exchanges. Self-custody shifts responsibility from hoping institutions won’t fail to knowing your system can’t fail without your consent.

Take action today: Move one coin. Test one recovery. Share one xpub. The path to unchained wealth begins with a single satoshi under your control.

@ cae03c48:2a7d6671

Bitcoin Magazine

Mapping Bitcoin’s Bull Cycle Potential

Bitcoin’s Market Value to Realized Value, or MVRV ratio, remains one of the most reliable on-chain indicators for identifying local and macro tops and bottoms across every BTC cycle. By isolating data across different investor cohorts and adapting historical benchmarks to modern market conditions, we can generate more accurate insights into where Bitcoin may be headed next.

The Bitcoin MVRV Ratio

The MVRV Ratio compares Bitcoin’s market price to its realized price, essentially the average cost basis for all coins in the network. As of writing, BTC trades around $105,000 while the realized price floats near $47,000, putting the raw MVRV at 2.26. The Z-Score version of MVRV standardizes this ratio based on historical volatility, enabling clearer comparisons across different market cycles.

Figure 1: Historically, the MVRV Ratio and the MVRV Z-Score have accurately identified cycle peaks and bottoms. View Live Chart

Short-Term Holders

Short-term holders, defined as those holding Bitcoin for 155 days or less, currently have a realized price near $97,000. This metric often acts as dynamic support in bull markets and resistance in bear markets. Notably, when the Short Term Holder MVRV hits 1.33, local tops have historically occurred, as seen several times in both the 2017 and 2021 cycles. So far in the current cycle, this threshold has already been touched four times, each followed by modest retracements.

Figure 2: Short Term Holder MVRV reaching 1.33 in more recent cycles has aligned with local tops. View Live Chart

Long-Term Holders

Long-term holders, who’ve held BTC for more than 155 days, currently have an average cost basis of just $33,500, putting their MVRV at 3.11. Historically, Long Term Holder MVRV values have reached as high as 12 during major peaks. That said, we’re observing a trend of diminishing multiples each cycle.

Figure 3: Achieving a Long Term Holder MVRV value of 8 could extrapolate to a BTC price in excess of $300,000. View Live Chart

A key resistance band now sits between 7.5 and 8.5, a zone that has defined bull tops and pre-bear retracements in every cycle since 2011. If the current growth of the realized price ($40/day) continues for another 140–150 days, matching previous cycle lengths, we could see it reach somewhere in the region of $40,000. A peak MVRV of 8 would imply a price near $320,000.

A Smarter Market Compass

Unlike static all-time metrics, the 2-Year Rolling MVRV Z-Score adapts to evolving market dynamics. By recalculating average extremes over a rolling window, it smooths out Bitcoin’s natural volatility decay as it matures. Historically, this version has signaled overbought conditions when reaching levels above 3, and prime accumulation zones when dipping below -1. Currently sitting under 1, this metric suggests that substantial upside remains.

Figure 4: The current 2-Year Rolling MVRV Z-Score suggests more positive price action ahead. View Live Chart

Timing & Targets

A view of the BTC Growth Since Cycle Lows chart illustrates that BTC is now approximately 925 days removed from its last major cycle low. Historical comparisons to previous bull markets suggest we may be around 140 to 150 days away from a potential top, with both the 2017 and 2021 peaks occurring around 1,060 to 1,070 days after their respective lows. While not deterministic, this alignment reinforces the broader picture of where we are in the cycle. If realized price trends and MVRV thresholds continue on current trajectories, late Q3 to early Q4 2025 may bring final euphoric moves.

Figure 5: Will the current cycle continue to exhibit growth patterns similar to those of the previous two cycles? View Live Chart

Conclusion

The MVRV ratio and its derivatives remain essential tools for analyzing Bitcoin market behavior, providing clear markers for both accumulation and distribution. Whether observing short-term holders hovering near local top thresholds, long-term holders nearing historically significant resistance zones, or adaptive metrics like the 2-Year Rolling MVRV Z-Score signaling plenty of runway left, these data points should be used in confluence.

No single metric should be relied upon to predict tops or bottoms in isolation, but taken together, they offer a powerful lens through which to interpret the macro trend. As the market matures and volatility declines, adaptive metrics will become even more crucial in staying ahead of the curve.

For more deep-dive research, technical indicators, real-time market alerts, and access to a growing community of analysts, visit BitcoinMagazinePro.com.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.

This post Mapping Bitcoin’s Bull Cycle Potential first appeared on Bitcoin Magazine and is written by Matt Crosby.

@ a29cfc65:484fac9c

Über die Freilerner-Familie von Katharina und Johannes mit ihren Kindern Aurelius, Benjamin und Friedrich haben wir in unserem Beitrag vom 28. Mai 2025 berichtet. Hier wollen wir eines ihrer Projekte vorstellen. Es zeigt deutlich den pädagogischen Ansatz von Jahrgangs- und Fächer-übergreifender zielorientierter Arbeit der Freilerner.

Die drei Jungs haben im Ringelnatz-Verein Wurzen zusammen mit anderen Kindern am Vorhaben „Vom Drehbuch zum fertigen Film“ mitgewirkt. Das Projekt wurde von dem Lyriker und Schriftsteller Carl-Christian Elze geleitet und unterstützt von der Künstlerin Constanze Kehrt, dem Theater- und Filmregisseur Philipp J. Neumann sowie dem Cutter und Animation Artist**** Sascha Werner, alle aus Leipzig. Constanze Kehrt unterstützte die Kinder beim Erlernen der Grundlagen für das Schreiben von Drehbüchern. Daneben gab es erste Übungen zur Körperwahrnehmung, Stimm- und Sprachübungen sowie Improvisations- und Schauspielübungen. Nach einer Einführung durch Philipp J. Neumann in die Filmkunst mit ihren unterschiedlichen Bereichen wie Schauspiel, Regie, Kamera, Ton, Produktion, Szenenbild, Kostüm, Musik, Schnitt, Sounddesign wurden die Kinder und Jugendlichen auf den eigentlichen Filmdreh vorbereitet. Dazu gehörten Übungen im Storyboarding, Szenenproben und schließlich das Location-Scouting und Festlegen der Drehorte in unmittelbarer Nähe zum Ringelnatz-Geburtshaus. An zwei Drehtagen wurden schließlich zwei Kurzfilme gedreht, darunter „Die Flosse“, an dem Aurelius, Benjamin und Friedrich sowie andere Kinder mitwirkten. Die Kinder übernahmen nicht nur die Rollen, sondern auch die Kamera, die Tonabnahme und zum Teil die Regie. Eine Einführung in die Kunst des Film- und Tonschnitts bekamen die Kinder und Jugendlichen schließlich von Sascha Werner. Danach wurde das gedrehte Material gemeinsam gesichtet und der Schnitt vorgenommen. Dabei konnten die Kinder und Jugendlichen die Erfahrung machen, dass es tatsächlich maßgeblich der Schnitt ist, der einem Film seinen besonderen Charakter, eine bestimmte Atmosphäre gibt.

In dem Film „Die Flosse“ schleichen sich drei Kinder abends von zu Hause weg, weil sie in der Schule gehört haben, dass in der Mulde eine große Flosse gesichtet wurde. Als sie an das Mulde-Wehr kommen, sehen sie keine Flosse, aber hören seltsame Geräusche. Plötzlich ruft eine Mädchenstimme um Hilfe. Philip ist bereit zu helfen, Emma und Benjamin bleiben lieber im Versteck. Im Wasser liegend und von Ästen eingeklemmt findet Philip eine Sirene. Sie bittet ihn, ihr zu helfen und lockt ihn ins Wasser, was Philip zum Verhängnis wird.

Der Film zeigt die kreativen und ausdrucksstarken Fähigkeiten der Kinder, die sie im Zusammenwirken mit ihren Lernbegleitern vom Drehbuch bis zum fertigen Kurzfilm umgesetzt haben. Der Film handelt von Hilfsbereitschaft und dem Mut, anderen in bedrohlicher Lage zu helfen. Aber auch das Zögern bei einigen zur Hilfe wird deutlich. Das Ende läßt viele Interpretationsmöglichkeiten zu.

Quelle: https://ringelnatz-verein.de/projekte/anna-hood/

https://www.youtube.com/watch?v=yC6YEa63Dp8

Foto von Aleksandra B. auf Unsplash

@ e968e50b:db2a803a

Traveling with a miner...

I recently traveled over 13,000 kilometers to see a bitcoin circular economy of which I had developed some friendships and decided to bring a small miner to donate to one of the organizations spurring on this community. But every moment that thing was unplugged was a missed hash! So........

Let's first discuss, is mining in the terminal, using the airport's energy ethical?

I would say that the answer is unequivocally yes. They provide the outlets there so that you can charge your devices. I feel like if I want to use that to verify the transactions of freedom fighters fleeing Myanmar and preserve the savings of merchants in Zimbabwe instead of playing Candy Crush or doomscrolling Facebook, that's my prerogative. Am I wrong?

Is it allowed?

Well...I guess this post may bring that to light...

But is is possible?

Short answer, yes, but I couldn't quite figure it out in time with the miner I was using. The hard problem is the way you sign in to Wifi at the airport. There's no password and instead you normally open up a browser and agree to the terms there. I couldn't figure out in time (across multiple airports) how to circumvent this, but I think I would have been able to do it with a different device.

How about at a bnb?

Easy-peasy! Oddly enough, I was a little more torn on the ethics here. It was in fact pretty cold, and this thing was functioning as a space heater while I was at that desk. Also, you can't see it, but that cord on the right was for a blow dryer that consumes almost ten times the energy of my miner. Alas, you don't use a blow dryer continuously throughout the night and I really didn't want to risk offending the owner. She had actually only charged me 26,000 sats for the night, and even though she was a bitcoiner, I didn't want to risk any chance that she might feel I was taking advantage of her business. I ran it for a little bit to warm my hands while I wrote and then unplugged it until it was time to present the gift.

Have you ever mined like this?

I kept reminding myself that I wasn't using someone else's electricity, but in fact, using electricity that I already paid for. Nevertheless, it's an odd feeling. Am I wrong? I definitely think bitcoiners that run rental spots should be heating them with miners. If nothing else, what a cool education opportunity for the renters. Anyone ever mine anywhere weirder than this? It seems that as solo miners become more prevalent, there will be more instances of people travel mining, mining at work, or mining using power that they don't necessarily "own" or have full control over.

https://stacker.news/items/1002559

@ a4043831:3b64ac02

Retirement planning is like laying down the blueprint for your future, where financial security meets your personal dreams and desires. It's about taking a proactive approach to ensure that your golden years are truly golden, filled with comfort and freedom rather than financial stress. The process of creating a retirement plan includes identifying your income sources, adding up your expenses, putting a savings plan into effect, and managing your assets.

It is essential for several reasons:

1. Securing Your Financial Future:

Retirement marks the start of a phase where financial worries should no longer dominate your life. Thoughtful retirement planning ensures a consistent income to support your lifestyle and manage unexpected costs.

1. Achieving Your Personal Goals:

Retirement offers the chance to focus on passions, hobbies, and experiences delayed during your career. Early preparation makes aspirations such as travel, making new hobbies and spending time with your loved ones, achievable.

1. Managing Health Care Needs:

Healthcare often becomes a major expense with age. Without proper planning, medical costs can strain your finances. A comprehensive retirement plan accounts for healthcare needs, helping you manage these expenses while maintaining your standard of living.

1. Leaving a Legacy:

Many people wish to leave something behind for their loved ones or give to charity. This minimizes burdens on your family and maximizes your impact.

Elements of a Retirement Plan

A well-structured retirement plan involves several key elements to ensure a comprehensive approach to financial security:

1. Fact-Finding Conversations:

Critical fact-finding discussions are the foundation of retirement planning. Understanding your retirement goals and desires helps shape the path to achieve them. This involves listening to your stories and defining your minimum and optimal retirement lifestyles, including estimating the associated costs.

2. Retirement Income Sources:

Diversifying your income streams is crucial. This includes pensions, social security benefits, annuities, and passive income sources like rental properties or dividends. Understanding the tax implications of each source is also important.

3. Investment Strategy Determination:

Allocating assets based on your specific retirement goals is essential. This involves aligning your investments with the time frame and nature of your retirement aspirations, whether immediate income or long-term growth. Your investment strategy is customized to support your desired lifestyle and factors in your risk tolerance and the returns needed to fund your retirement adequately.

4. Specific Asset Recommendations:

A mix of equities, bonds, real estate, and other assets is often recommended. Diverse portfolios are crucial for mitigating risk while aiming for growth. The portfolio recommendation will support your retirement objectives and be well-equipped to handle market fluctuations and economic changes. Regular reviews and adjustments to your asset allocation ensure your plan remains aligned with your life circumstances.

Benefits of Retirement Planning

• Retirement planning offers numerous benefits that contribute to a secure and fulfilling retirement:
• Financial Security: Ensures a steady flow of income to maintain your standard of living.
• Peace of Mind: Reduces financial stress and uncertainty, allowing you to enjoy your retirement years.
• Goal Fulfillment: Helps you achieve personal aspirations and pursue activities that you are passionate about.
• Healthcare Preparedness: Provides strategies to manage healthcare expenses without depleting savings.

Conclusion

Retirement planning is an essential process for securing financial independence, pursuing personal aspirations, and preparing for unforeseen circumstances in later years. By focusing on key elements such as income sources, investments, and healthcare, individuals can build a robust roadmap for a fulfilling and worry-free retirement.

If unsure where to begin, Passive Capital Management’s financial planners and advisors can provide valuable guidance. By analyzing your current financial situation and future goals, they can chart a clear trajectory to achieve your aspirations. Their team evaluates whether you are on the right path and recommends adjustments to align with your long-term priorities. Contact Passive Capital Management today to ensure a tailored approach to building a secure and fulfilling retirement.

@ 3bf0c63f:aefa459d

Censorship-resistant relay discovery in Nostr

In Nostr is not decentralized nor censorship-resistant I said Nostr is centralized. Peter Todd thinks it is centralized by design, but I disagree.

Nostr wasn't designed to be centralized. The idea was always that clients would follow people in the relays they decided to publish to, even if it was a single-user relay hosted in an island in the middle of the Pacific ocean.

But the Nostr explanations never had any guidance about how to do this, and the protocol itself never had any enforcement mechanisms for any of this (because it would be impossible).

My original idea was that clients would use some undefined combination of relay hints in reply tags and the (now defunct) kind:2 relay-recommendation events plus some form of manual action ("it looks like Bob is publishing on relay X, do you want to follow him there?") to accomplish this. With the expectation that we would have a better idea of how to properly implement all this with more experience, Branle, my first working client didn't have any of that implemented, instead it used a stupid static list of relays with read/write toggle -- although it did publish relay hints and kept track of those internally and supported kind:2 events, these things were not really useful.

Gossip was the first client to implement a truly censorship-resistant relay discovery mechanism that used NIP-05 hints (originally proposed by Mike Dilger) relay hints and kind:3 relay lists, and then with the simple insight of NIP-65 that got much better. After seeing it in more concrete terms, it became simpler to reason about it and the approach got popularized as the "gossip model", then implemented in clients like Coracle and Snort.

Today when people mention the "gossip model" (or "outbox model") they simply think about NIP-65 though. Which I think is ok, but too restrictive. I still think there is a place for the NIP-05 hints, nprofile and nevent relay hints and specially relay hints in event tags. All these mechanisms are used together in ZBD Social, for example, but I believe also in the clients listed above.

I don't think we should stop here, though. I think there are other ways, perhaps drastically different ways, to approach content propagation and relay discovery. I think manual action by users is underrated and could go a long way if presented in a nice UX (not conceived by people that think users are dumb animals), and who knows what. Reliance on third-parties, hardcoded values, social graph, and specially a mix of multiple approaches, is what Nostr needs to be censorship-resistant and what I hope to see in the future.

@ 3bf0c63f:aefa459d

Nostr: a quick introduction, attempt #1

Nostr doesn't have a material existence, it is not a website or an app. Nostr is just a description what kind of messages each computer can send to the others and vice-versa. It's a very simple thing, but the fact that such description exists allows different apps to connect to different servers automatically, without people having to talk behind the scenes or sign contracts or anything like that.

When you use a Nostr client that is what happens, your client will connect to a bunch of servers, called relays, and all these relays will speak the same "language" so your client will be able to publish notes to them all and also download notes from other people.

That's basically what Nostr is: this communication layer between the client you run on your phone or desktop computer and the relay that someone else is running on some server somewhere. There is no central authority dictating who can connect to whom or even anyone who knows for sure where each note is stored.

If you think about it, Nostr is very much like the internet itself: there are millions of websites out there, and basically anyone can run a new one, and there are websites that allow you to store and publish your stuff on them.

The added benefit of Nostr is that this unified "language" that all Nostr clients speak allow them to switch very easily and cleanly between relays. So if one relay decides to ban someone that person can switch to publishing to others relays and their audience will quickly follow them there. Likewise, it becomes much easier for relays to impose any restrictions they want on their users: no relay has to uphold a moral ground of "absolute free speech": each relay can decide to delete notes or ban users for no reason, or even only store notes from a preselected set of people and no one will be entitled to complain about that.

There are some bad things about this design: on Nostr there are no guarantees that relays will have the notes you want to read or that they will store the notes you're sending to them. We can't just assume all relays will have everything — much to the contrary, as Nostr grows more relays will exist and people will tend to publishing to a small set of all the relays, so depending on the decisions each client takes when publishing and when fetching notes, users may see a different set of replies to a note, for example, and be confused.

Another problem with the idea of publishing to multiple servers is that they may be run by all sorts of malicious people that may edit your notes. Since no one wants to see garbage published under their name, Nostr fixes that by requiring notes to have a cryptographic signature. This signature is attached to the note and verified by everybody at all times, which ensures the notes weren't tampered (if any part of the note is changed even by a single character that would cause the signature to become invalid and then the note would be dropped). The fix is perfect, except for the fact that it introduces the requirement that each user must now hold this 63-character code that starts with "nsec1", which they must not reveal to anyone. Although annoying, this requirement brings another benefit: that users can automatically have the same identity in many different contexts and even use their Nostr identity to login to non-Nostr websites easily without having to rely on any third-party.

To conclude: Nostr is like the internet (or the internet of some decades ago): a little chaotic, but very open. It is better than the internet because it is structured and actions can be automated, but, like in the internet itself, nothing is guaranteed to work at all times and users many have to do some manual work from time to time to fix things. Plus, there is the cryptographic key stuff, which is painful, but cool.

@ 3bf0c63f:aefa459d

Pequenos problemas que o Estado cria para a sociedade e que não são sempre lembrados

- **vale-transporte**: transferir o custo com o transporte do funcionário para um terceiro o estimula a morar longe de onde trabalha, já que morar perto é normalmente mais caro e a economia com transporte é inexistente.
- **atestado médico**: o direito a faltar o trabalho com atestado médico cria a exigência desse atestado para todas as situações, substituindo o livre acordo entre patrão e empregado e sobrecarregando os médicos e postos de saúde com visitas desnecessárias de assalariados resfriados.
- **prisões**: com dinheiro mal-administrado, burocracia e péssima alocação de recursos -- problemas que empresas privadas em competição (ou mesmo sem qualquer competição) saberiam resolver muito melhor -- o Estado fica sem presídios, com os poucos existentes entupidos, muito acima de sua alocação máxima, e com isto, segundo a bizarra corrente de responsabilidades que culpa o juiz que condenou o criminoso por sua morte na cadeia, juízes deixam de condenar à prisão os bandidos, soltando-os na rua.
- **justiça**: entrar com processos é grátis e isto faz proliferar a atividade dos advogados que se dedicam a criar problemas judiciais onde não seria necessário e a entupir os tribunais, impedindo-os de fazer o que mais deveriam fazer.
- **justiça**: como a justiça só obedece às leis e ignora acordos pessoais, escritos ou não, as pessoas não fazem acordos, recorrem sempre à justiça estatal, e entopem-na de assuntos que seriam muito melhor resolvidos entre vizinhos.
- **leis civis**: as leis criadas pelos parlamentares ignoram os costumes da sociedade e são um incentivo a que as pessoas não respeitem nem criem normas sociais -- que seriam maneiras mais rápidas, baratas e satisfatórias de resolver problemas.
- **leis de trãnsito**: quanto mais leis de trânsito, mais serviço de fiscalização são delegados aos policiais, que deixam de combater crimes por isto (afinal de contas, eles não querem de fato arriscar suas vidas combatendo o crime, a fiscalização é uma excelente desculpa para se esquivarem a esta responsabilidade).
- **financiamento educacional**: é uma espécie de subsídio às faculdades privadas que faz com que se criem cursos e mais cursos que são cada vez menos recheados de algum conhecimento ou técnica útil e cada vez mais inúteis.
- **leis de tombamento**: são um incentivo a que o dono de qualquer área ou construção "histórica" destrua todo e qualquer vestígio de história que houver nele antes que as autoridades descubram, o que poderia não acontecer se ele pudesse, por exemplo, usar, mostrar e se beneficiar da história daquele local sem correr o risco de perder, de fato, a sua propriedade.
- **zoneamento urbano**: torna as cidades mais espalhadas, criando uma necessidade gigantesca de carros, ônibus e outros meios de transporte para as pessoas se locomoverem das zonas de moradia para as zonas de trabalho.
- **zoneamento urbano**: faz com que as pessoas percam horas no trânsito todos os dias, o que é, além de um desperdício, um atentado contra a sua saúde, que estaria muito melhor servida numa caminhada diária entre a casa e o trabalho.
- **zoneamento urbano**: torna ruas e as casas menos seguras criando zonas enormes, tanto de residências quanto de indústrias, onde não há movimento de gente alguma.
- **escola obrigatória + currículo escolar nacional**: emburrece todas as crianças.
- **leis contra trabalho infantil**: tira das crianças a oportunidade de aprender ofícios úteis e levar um dinheiro para ajudar a família.
- **licitações**: como não existem os critérios do mercado para decidir qual é o melhor prestador de serviço, criam-se comissões de pessoas que vão decidir coisas. isto incentiva os prestadores de serviço que estão concorrendo na licitação a tentar comprar os membros dessas comissões. isto, fora a corrupção, gera problemas reais: __(i)__ a escolha dos serviços acaba sendo a pior possível, já que a empresa prestadora que vence está claramente mais dedicada a comprar comissões do que a fazer um bom trabalho (este problema afeta tantas áreas, desde a construção de estradas até a qualidade da merenda escolar, que é impossível listar aqui); __(ii)__ o processo corruptor acaba, no longo prazo, eliminando as empresas que prestavam e deixando para competir apenas as corruptas, e a qualidade tende a piorar progressivamente.
- **cartéis**: o Estado em geral cria e depois fica refém de vários grupos de interesse. o caso dos taxistas contra o Uber é o que está na moda hoje (e o que mostra como os Estados se comportam da mesma forma no mundo todo).
- **multas**: quando algum indivíduo ou empresa comete uma fraude financeira, ou causa algum dano material involuntário, as vítimas do caso são as pessoas que sofreram o dano ou perderam dinheiro, mas o Estado tem sempre leis que prevêem multas para os responsáveis. A justiça estatal é sempre muito rígida e rápida na aplicação dessas multas, mas relapsa e vaga no que diz respeito à indenização das vítimas. O que em geral acontece é que o Estado aplica uma enorme multa ao responsável pelo mal, retirando deste os recursos que dispunha para indenizar as vítimas, e se retira do caso, deixando estas desamparadas.
- **desapropriação**: o Estado pode pegar qualquer propriedade de qualquer pessoa mediante uma indenização que é necessariamente inferior ao valor da propriedade para o seu presente dono (caso contrário ele a teria vendido voluntariamente).
- **seguro-desemprego**: se há, por exemplo, um prazo mínimo de 1 ano para o sujeito ter direito a receber seguro-desemprego, isto o incentiva a planejar ficar apenas 1 ano em cada emprego (ano este que será sucedido por um período de desemprego remunerado), matando todas as possibilidades de aprendizado ou aquisição de experiência naquela empresa específica ou ascensão hierárquica.
- **previdência**: a previdência social tem todos os defeitos de cálculo do mundo, e não importa muito ela ser uma forma horrível de poupar dinheiro, porque ela tem garantias bizarras de longevidade fornecidas pelo Estado, além de ser compulsória. Isso serve para criar no imaginário geral a idéia da __aposentadoria__, uma época mágica em que todos os dias serão finais de semana. A idéia da aposentadoria influencia o sujeito a não se preocupar em ter um emprego que faça sentido, mas sim em ter um trabalho qualquer, que o permita se aposentar.
- **regulamentação impossível**: milhares de coisas são proibidas, há regulamentações sobre os aspectos mais mínimos de cada empreendimento ou construção ou espaço. se todas essas regulamentações fossem exigidas não haveria condições de produção e todos morreriam. portanto, elas não são exigidas. porém, o Estado, ou um agente individual imbuído do poder estatal pode, se desejar, exigi-las todas de um cidadão inimigo seu. qualquer pessoa pode viver a vida inteira sem cumprir nem 10% das regulamentações estatais, mas viverá também todo esse tempo com medo de se tornar um alvo de sua exigência, num estado de terror psicológico.
- **perversão de critérios**: para muitas coisas sobre as quais a sociedade normalmente chegaria a um valor ou comportamento "razoável" espontaneamente, o Estado dita regras. estas regras muitas vezes não são obrigatórias, são mais "sugestões" ou limites, como o salário mínimo, ou as 44 horas semanais de trabalho. a sociedade, porém, passa a usar esses valores como se fossem o normal. são raras, por exemplo, as ofertas de emprego que fogem à regra das 44h semanais.
- **inflação**: subir os preços é difícil e constrangedor para as empresas, pedir aumento de salário é difícil e constrangedor para o funcionário. a inflação força as pessoas a fazer isso, mas o aumento não é automático, como alguns economistas podem pensar (enquanto alguns outros ficam muito satisfeitos de que esse processo seja demorado e difícil).
- **inflação**: a inflação destrói a capacidade das pessoas de julgar preços entre concorrentes usando a própria memória.
- **inflação**: a inflação destrói os cálculos de lucro/prejuízo das empresas e prejudica enormemente as decisões empresariais que seriam baseadas neles.
- **inflação**: a inflação redistribui a riqueza dos mais pobres e mais afastados do sistema financeiro para os mais ricos, os bancos e as megaempresas.
- **inflação**: a inflação estimula o endividamento e o consumismo.
- **lixo:** ao prover coleta e armazenamento de lixo "grátis para todos" o Estado incentiva a criação de lixo. se tivessem que pagar para que recolhessem o seu lixo, as pessoas (e conseqüentemente as empresas) se empenhariam mais em produzir coisas usando menos plástico, menos embalagens, menos sacolas.
- **leis contra crimes financeiros:** ao criar legislação para dificultar acesso ao sistema financeiro por parte de criminosos a dificuldade e os custos para acesso a esse mesmo sistema pelas pessoas de bem cresce absurdamente, levando a um percentual enorme de gente incapaz de usá-lo, para detrimento de todos -- e no final das contas os grandes criminosos ainda conseguem burlar tudo.

@ 7f6db517:a4931eda

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.

---

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

@ 044da344:073a8a0e

Es ist merkwürdig, wie sich die Dinge manchmal fügen. Himmelfahrt bin ich mit den beiden größeren Enkeln, 2 und 4, in einen Zirkus gegangen. Wir mussten ein wenig suchen, okay, haben das Zelt aber irgendwann entdeckt am Ufer des Regen. Ich könnte schreiben: klein, aber fein, so richtig trifft es das jedoch nicht. Klein schon. Ich will hier auch nicht schimpfen, weil sich die Zirkusfamilie alle Mühe gegeben hat, einen preisgekrönten Artisten dabeihatte (Silberner Clown in Monte Carlo) und sogar reichlich Tiere in die Manege brachte. Vier Araberpferde, zwei Dromedare, einen Esel und Ziegen.

Dann aber kamen die Katzen. Richtig gelesen. Katzen dort, wo es Tiger, Löwen, Bären gegeben hat, als ich selbst noch ein Kind war. Ich meine gar nicht die großen Zelte in der DDR, Berolina, Busch oder Aeros. Diese Riesen verirrten sich nicht in einen Badeort auf Rügen. Die Wiese gleich hinter unserem Haus gehörte ab Anfang der 1980er Rüdiger Probst, alle paar Jahre wieder. Ein junger Mann, der gar nicht so viel älter war als ich, keine Angst vor großen Tieren hatte und mit einem Salto von Pferd zu Pferd sprang. In einem kleinen Zirkus wie gesagt, für ein paar Groschen und meist vor vollem Haus. Mit den Enkeln hatte ich jetzt allen Platz der Welt und hinterher ein leeres Portemonnaie. Sieben Euro allein für Popcorn (es gab nur eine Tütengröße) und fünf (freiwillig) für ein paar Möhrenstücke, damit die Kinder in der Pause was zum Füttern in der Hand hatten.

Am Abend dann das neue Buch von Matthias Krauß. „Die falschen Fragen gestellt“. Ich habe mich ein wenig gewundert, als das Paket im Kasten lag, weil der Autor vor gar nicht allzu langer Zeit einen „einseitigen Waffenstillstand“ ausgerufen hatte und Schluss machen wollte mit seinem Kampf gegen die „Aufarbeitungsindustrie“ und mit der Verteidigung der DDR. Ich zitiere einfach aus meiner Rezension von 2019:

Matthias Krauß, 1960 in Hennigsdorf geboren, weiß natürlich, was da alles im Argen lag. Er hat selbst an der Sektion Journalistik studiert und in den späten 1980ern noch ein wenig für die Parteipresse gearbeitet. „Apologetisch“, sagt er. Vor allem Innen- und Wirtschaftspolitik. Sein Aber: erstens die Kultur. Begegnungen vor allem mit dem, was in Osteuropa so an Filmen, Serien, Kunst produziert wurde. Punkt zwei: „der einfache Mensch“. „Ungleich häufiger“ im Bild als heute. Und drittens „gab es eine prinzipielle und grundsätzliche Kritik“ am Westen und am Kapitalismus.

Der Zirkus am Ufer des Regen. Ein totes Pferd soll man nicht reiten. Deshalb tauche ich ein in ein Buch, das etwas schafft, was selbst ich nicht für möglich gehalten habe. Matthias Krauß singt ein Loblied auf den DDR-Journalismus, ohne dass es peinlich wird. Er bleibt dabei ganz bei sich – bei der Mappe mit Zeitungsausschnitten, die er als Schüler angelegt hat, bei den Aktbildern im Magazin, das sein Vater abonniert hatte und das dem Sohn auch jenseits der Erotik ganze Welten öffnete, bei einem Porträt, das ihm die Lokalzeitung 1977 widmete.

Das Schöne ist: Matthias Krauß hat das alles aufgehoben und darf jetzt als reifer Mann zurückschauen – als Journalist, der später auch die andere Seite erlebt hat, folglich vergleichen kann und vor allem niemandem mehr nach dem Mund reden muss. Die „Qualität der Bilder“, okay. Eher „Kartoffeldruck“ als Zeitung. Die immer gleichen alten Männer, klar. Die Grenzen, die jedes Parteiorgan hat und die auch ein junger Mann wie Krauß schon zu spüren bekam. Aber eben auch Texte, die nah dran waren am Leben (vor allem an der Arbeit) und ihre Leser ernst nahmen. Matthias Krauß ist nach dem Studium 1986 Redakteur der Jugendseite des Potsdamer SED-Blatts geworden und ruft den Journalismusforschern heute zu: Vergleicht doch einfach die Bravo mit dem Neuen Leben, einer Zeitschrift, die damals sein Leitstern war und immer ausverkauft. These von Matthias Krauß: Das Neue Leben

war vielseitiger, anspruchsvoller und in jeder Hinsicht höherwertiger als die Bravo-Post, mit dem endlos einfältigen Star-Rummel, den auf Kauf und Konsum orientierten Modetipps, dem Klatsch und Abklatsch und den klischeehaften Rollenbildern – Ausdruck des insgesamt unpolitischen Grundanspruchs. Nun gut, aus exakt diesem Grund wird dieser Vergleich wohl niemals stattfinden. (S. 103)

Matthias Krauß hat ein kaum zu schlagendes Argument auf seiner Seite: Er, der SED-Propagandist, hatte nach 1990 schnell wieder das Vertrauen des Publikums, das er „bei Lichte besehen“ vielleicht gar nicht verdiente, aber allein wegen seiner Herkunft bekam (S. 116). Und: Er kann sogar jemanden zitieren, der die Ernte-Berichterstattung vermisst, Hassobjekt von Lesern wie von Journalisten – einen Landwirt aus dem Westen, der dort sehen konnte, wie weit die Kollegen waren, was sie wie machten und wie sie auf das Wetter reagierten (S. 166).

Ich gebe zu: Ich habe eine Schwäche für autobiografische Texte. Solche Bücher erlauben mir, all das mit Leben zu füllen, was in den Akten bald zu Staub zerfällt. Ich habe ein Fußballregal (gleich zweimal Lothar Matthäus!), eine DDR-Abteilung, Erinnerungen von Wissenschaftlern und natürlich Journalisten. Da längst nicht jeder schreibt, der etwas zu sagen hat, helfe ich immer wieder nach und sammle als Interviewer Lebensgeschichten ein. Matthias Krauß dürfte einer der ersten ostdeutschen Medienmenschen aus der Geburtskohorte um 1960 sein, der sich öffentlich äußert und dabei nicht einfach das nachbetet, was ohnehin schon überall steht.

Das gilt auch jenseits des Themas Journalismus. Der Wehrdienst, für mich bis heute ein Albtraum, wird von Matthias Krauß als „Entscheidung für eine Art persönlicher Freiheit“ interpretiert (S. 43). Mit 18 unabhängig sein von den Eltern und dann auch ohne Geldsorgen studieren können. Leipzig war für ihn in den 1980ern nicht nur Uni-Standort, sondern auch „Messestadt“ und damit „Weltstadt“ (S. 50). Und der Aufregung um jede DDR-Exmatrikulation, die er keineswegs schönredet, werden „die Millionen Opfer der Demokratisierung“ gegenübergestellt und das laute gesamtdeutsche Schweigen nicht nur in diesem Punkt (S. 58).

Was das alles mit dem Zirkus zu tun hat? Matthias Krauß hat in der DDR das Motto für sein Leben als Journalist gefunden – bei der Arbeit mit einem Parteisoldaten, der einfach nicht rauswollte aus dem Korsett, das die Genossen über sein Leben geworfen hatten.

Ja, sagte ich mir, stelle immer die falschen Fragen. (S. 153)

In Sachen Zirkus liegen alle Antworten auf dem Tisch. Meine Trauer habe ich schon vor mehr als zehn Jahren verarbeitet. Mal schauen, was die Enkel eines Tages dazu sagen.

Matthias Krauß: Die falschen Fragen gestellt. Journalist in zwei deutschen Staaten. Berlin: Das Neue Berlin 2025, 189 Seiten, 18 Euro.

Michael Meyen: Videos

Freie Akademie für Medien & Journalismus

Unterstützen

@ 91bea5cd:1df4451c

Para um brasileiro, pode ser difícil entender como as estações do ano são capazes de influenciar o imaginário e a própria organização da sociedade.

Mas em países de clima temperado ou frio, onde primavera, verão, outono e inverno são mais demarcados, é contagiante a alegria com que o verão é celebrado, depois de meses de dias curtos, temperaturas frequentemente negativas e poucas possibilidades de interação social.

É por isso que desde os tempos mais antigos, as primeiras civilizações europeias já tinham festas específicas para celebrar tanto a chegada da primavera — a volta da vida desabrochando — quanto o solstício de verão — o ápice do sol, o dia mais longo do ano.

E, segundo pesquisadores, são esses dois tipos de celebração, depois abraçados pelo catolicismo, que explicam a origem das festas juninas, que no Brasil acabariam sendo reinventadas com um sotaque próprio.

"As origens são mesmo as antigas festas pagãs das antigas civilizações, ligadas aos ciclos da natureza, às estações do ano. Sociedades antigas realizavam grandes festividades, com durações longas, até de um mês, sobretudo nos períodos de plantio e de colheita", contextualiza o pesquisador de culturas populares Alberto Tsuyoshi Ikeda, professor da Universidade de São Paulo e consultor da cátedra Kaapora: da Diversidade Cultural e Étnica na Sociedade Brasileira, da Universidade Federal de São Paulo (#Unifesp).

"A primavera era bastante comemorada, como o reingresso da vida mais dinâmica, o rebrotar da natureza e das atividades depois do período do inverno, sempre de muita dificuldade, luta pela sobrevivência e recolhimento", comenta ele.

Se nessa época do ano o que se via era a explosão da natureza, a vida social espelhava isso. "Os grupos humanos realizavam grandes festividades dedicadas à própria natureza, muitas vezes rendendo homenagens aos antigos deuses relacionados à natureza, à vida animal, à vida vegetal de um modo geral. Eram festas comunitárias com muita alegria, muita alimentação e reunião de pessoas em grande número: foi o que deu origem às festas juninas que a gente conhece no Brasil e em outras partes do mundo."

Autora do livro Festas Juninas: Origens, Tradições e História, a socióloga Lucia Helena Vitalli Rangel, professora na Pontifícia Universidade Católica de São Paulo (PUC-SP), explica que a origem das festas juninas está nos "rituais de fertilidade agrícola" de diversos povos — da Europa, do Oriente Médio e do norte da África.

Os [mitológicos] casais #férteis #Afrodite e Adonis, Tamuz e Izta, Isis e #Osíris eram homenageados nesses #rituais, pois representavam a reprodução humana, numa época de evocação da colheita", afirma.

"Eram rituais para que a colheita fosse farta e para abençoar o próximo período #agrícola. Era período de congraçamento, de partilha e estabelecimento de alianças entre as comunidades. Eram rituais de fartura e abundância em todos os sentidos, no âmbito alimentar e na relação entre as famílias: casamentos, batizados e compadrio."

"No hemisfério norte o solstício de verão era o auge do período ritual e do trabalho agrícola coroado pela colheita", acrescenta a socióloga.

Vale ressaltar o óbvio, para que não fique um certo estranhamento ao leitor menos atento: no hemisfério norte, origem de tais celebrações, as estações do ano são invertidas em relação ao hemisfério sul, onde está o Brasil.

Apropriação católica

Mas onde então entram os santos nessa história? Na festa junina contemporânea, estão presentes algumas das figuras mais populares do catolicismo — e isso acabou impregnado de tal forma na celebração que a religiosidade se misturou ao folclore e às tradições populares, transcendendo os ritos normatizados pela Igreja Católica.

O primeiro dos santos juninos é Antônio (? - 1231), frade franciscano de origem portuguesa que ficou conhecido pelo que fez na Itália no início do século 13. Com fama de milagreiro, foi canonizado pela Igreja onze meses depois de sua morte — trata-se de um recorde até hoje não superado na história do catolicismo.

No imaginário popular, Antônio se tornou o #bonachão santo das coisas perdidas, sobretudo nos países europeus, e o casamenteiro, principalmente em Portugal e no Brasil. #Simpatias, #promessas e orações específicas marcam a devoção a ele. E sua presença nos festejos juninos geralmente está ligada a essas tradições — a Igreja fixou o 13 de junho, data da morte dele, como dia consagrado ao santo.

Em 24 de junho, o catolicismo celebra o nascimento de João Batista (2 a.C - 28 d.C.). É o santo máximo das comemorações juninas — há versões que apontam que originalmente eram "festas joaninas" e não festas juninas; e, sobretudo no nordeste brasileiro, a Festa de São João é um evento de dimensões impressionantes.

Personagem de historicidade controversa, João Batista é apontado como primo de Jesus Cristo e aquele que o batizou.

Em seu livro O Ramo de Ouro, o antropólogo escocês James Frazer (1854-1941) diz que ocorreu um processo histórico "de acomodação", deslocando para a figura de São João Batista a comemoração do solstício de verão.

Por fim, o mês de junho ainda tem a data do martírio de São Pedro (? - 67 d.C) e São Paulo (5 d.C. - 67 d.C.), dois dos pioneiros do cristianismo. Pedro foi um dos 12 apóstolos de Jesus e acabou depois considerado o primeiro papa do catolicismo.

Paulo de Tarso, por sua vez, é reputado como um dos mais influentes teólogos da história. Parte significativa dos textos que compõem o Novo Testamento da Bíblia é atribuída à sua pena. É dele, portanto, a autoria de parcela considerável da ressignificação de Jesus Cristo após sua morte na cruz — em outras palavras, é possível dizer que Paulo é responsável pela transformação de Jesus em um mito.

Uma observação necessária: apesar de a Igreja celebrar em conjunto a memória do martírio de Pedro e de Paulo, por tradição este último nem sempre é associado aos festejos juninos.

À medida que o catolicismo foi se transformando em religião do status quo, sobretudo a partir da cristianização do Império Romano, no ano de 380 d.C., diversos rituais tratados como pagãos acabaram sendo abraçados e apropriados pela Igreja. "A Igreja Católica não pôde desmanchar essas práticas", reconhece Rangel.

Com os rituais de primavera e verão, não foi diferente. "Várias dessas festividades foram adaptadas", conclui Alberto Ikeda, da USP. "Aos poucos passaram a ser tratadas como festas em honra aos santos juninos."

"Mas é importante notar que mesmo dentro do ciclo cristão, esses santos estão ligados tematicamente com aquelas mesmas ideias, os mesmos princípios das festividades [dessa época do ano] das antigas civilizações", pontua o pesquisador.

Santo Antônio, por exemplo, é o casamenteiro — em uma leitura lato sensu, poderia ser encarado como o santo da família, da unidade familiar, da reprodução humana. "São João também está ligado, sobretudo nos interiores do Brasil, a essa questão dos relacionamentos afetivos. Tradicionalmente, faz-se muito casamento no Dia de São João", diz Ikeda.

"Ele também traz a característica da fartura [que remete aos períodos de plantio e de colheita, em oposição aos rigorosos invernos], dos alimentos, das bebidas, aquilo que chamamos na antropologia de repasto ritual ou repasto cerimonial", afirma o pesquisador.

De modo geral, na leitura proposta por ele, todos os santos juninos estão ligados aos ciclos da natureza — fogo, água, fertilidade, abundância. Está aí São Pedro e a ideia de que ele é quem controla o tempo. "Vejo uma relação entre eles e os antigos rituais, uma relação ainda presente.

Embora a gente não perceba mais, eles têm essa ligação com os elementos fundamentais da existência humana", comenta.

Nas festas populares essas forças da natureza se fazem representadas, muito além da mesa farta.

Os mastros juninos que são erguidos representam a potência dos troncos, das árvores que resistem ao inverno. A fogueira é a luz: ilumina, aquece, afugenta animais ferozes, assa os alimentos.

Na releitura contemporânea, portanto, as festas juninas "guardam as reminiscências das ancestrais aglomerações festivas", conforme frisa Ikeda.

Tradição brasileira

Paçoca, pamonha, pipoca, bolo de fubá, canjica, curau, pé de moleque, maçã do amor. Vinho quente e quentão. Brincadeiras de pular fogueira e dançar a quadrilha. Chapéu de palha, camisa xadrez, calça com remendos. Bombinhas e rojões, fogos de artifício. Bandeirinhas coloridas penduradas em varais de barbante.

No Brasil, as festas juninas foram reinventadas e se tornaram uma exaltação das raízes caipiras. E muito além da religiosidade, tornou-se tradição, folclore. Como se o ciclo se fechasse: o que nasceu como ritual gregário, de celebração social, e depois foi apropriado por uma religião dominante, acabou na cultura popular sendo devolvido ao sentido original — ou seja, a festa pela alegria de festejar.

Não à toa, a folclorista Laura Della Mônica registrou em seu livro Os Três Santos do Mês de Junho que "respeitar as festas e orações dedicadas a cada um dos três santos do mês de junho, segundo a tradição, é obrigação e dever de todos nós, pelo menos culturalmente". O "todos nós" é o brasileiro. Porque mesmo nascida no Velho Mundo, as festas juninas assumiram uma identidade própria em território nacional.

"A colonização da América colocou novamente a questão [da apropriação cultural] para os jesuítas e todos os religiosos que se instalaram no continente sul-americano", pontua a socióloga Rangel.

"No caso do Brasil, houve uma coincidência do calendário. No inverno seco, o solstício de inverno marca o período dos trabalhos agrícolas mais importantes. Do mesmo modo que, para os povos do hemisfério norte é o período de rituais de fertilidade, [a festa por aqui também vem] com as mesmas características, congrega as famílias na evocação da abundância."

As tradições regionais guardam suas especificidades, como era de se esperar em um país de dimensões continentais. "Sempre foram festas e rituais populares", salienta Rangel.

"No Brasil temos expressões regionais muito fortes: o São João nordestino, o Boi Bumbá da região norte, o Boi de Mamão no sul, Cavalhadas no centro-oeste e as festas do Divino Espírito Santo e muitas regiões, particularmente no estado de São Paulo."

A pesquisadora comenta que "conforme os padres vão chegando nas paróquias, começam a interferir nas comemorações". É quando vem o sincretismo: a festa popular também é festa católica, a quermesse organizada pela igreja também tem os rituais populares.

"Até hoje as paróquias, as igrejas, realizam festas juninas. Mesmo que as maiores festas estejam predominantemente tendo somente o caráter festivo, mais comercial, de exploração pelo ganho financeiro, as igrejas continuam fazendo comemorações aos santos juninos", pontua Ikeda.

"Embora muitas pessoas não católicas também participem das festas, embora predomine uma visão genérica que as festas juninas não guardam mais relação com a religiosidade, há ainda um relacionamento das igrejas com esses santos juninos."

Para ele, a evolução da festividade consiste no fato de que "toda aglomeração possibilita o incentivo ao comércio". "E a alimentação está neste centro, na busca mesmo do repasto cerimonial e festividades, danças e músicas que sempre estiveram ligados aos antigos rituais." Ikeda lembra que a as festas populares têm uma importância antropológica por serem "práticas gregárias que ciclicamente comemoram a própria constituição, a própria existência das comunidades enquanto coletividade, a reunião de grupos humanos que preservam uma história comum".

"No caso da feste junina, esse vestir-se de caipira, simbolicamente, é um instrumento de importância até emocional e psicológico para as pessoas se sentirem com a identidade ligada ao passado, aos pais e avós que praticavam aquilo, comemorando de forma parecida", analisa o pesquisador.

"Assim, a prática possibilita a guarda de uma continuidade ao longo do tempo."

Suspensão sanitária

Nunca é demais enfatizar: com a pandemia de covid-19 ainda fora de controle, seria uma péssima ideia realizar qualquer tipo de festa neste período — se quer comemorar, faça em casa somente com seu núcleo familiar. Então, 2021 será o segundo ano consecutivo em que o Brasil não terá, ao menos de modo ostensivo, a tradição das festividades com bandeirinhas coloridas. Doutora em História das Ciências da Saúde e autora do livro A Gripe Espanhola na Bahia, a historiadora Christiane Maria Cruz de Souza afirma que esse cancelamento não ocorreu nem na epidemia de 100 anos atrás.

Isto porque a gripe chegou ao Brasil bem depois dos festejos de 1918. E, no ano seguinte, a epidemia estava controlada. "A gripe espanhola não teve nenhuma interferência no São João. Os primeiros registros da doença apareceram em setembro de 1918 e a doença foi se extinguindo aos poucos. Em Salvador, ele não avançou para o ano de 1919. Houve alguns surtos, em lugares mais remotos, até 1920, mas sem caráter epidêmico."

É de se supor, inclusive, que as festividades de 1919 tenham sido ainda mais animadas. "Passada a epidemia de gripe espanhola, tudo o que as pessoas queriam eram esquecê-la", afirma Souza.

Em 20 de junho de 1919, entretanto, surgiram os primeiros registros indicando uma epidemia de varíola na capital da Bahia. "Começaram a aparecer um caso aqui, outro ali, mas ainda sem a força suficiente para poucos dias depois interditar os festejos de São João", nota a pesquisadora.

"As autoridades sanitárias demoraram muito para reconhecer que ocorria uma epidemia terrível de varíola. Autoridades públicas só costumam reconhecer a existência de uma epidemia quando se torna inevitável devido ao acúmulo de adoecimentos e mortes, quando o número de doentes e mortos ultrapassa a normalidade esperada para os casos da doença. Isso demora um tempo."

Rangel ressalta, inclusive, que até a primeira metade do século 20, as festas juninas eram muito menores, restritas a familiares e pequenos grupos comunitários. Muito menos do que os eventos de hoje em dia. "Eram festas de arraial, de quintais, de quermesses", diz. "Elas só se transformaram em grandes espetáculos na segunda metade do século 20, na esteira da espetacularização do carnaval."

Fonte: BBC News 18 Junho 2021

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bitcoind decentralization

It is better to have multiple curator teams, with different vetting processes and release schedules for bitcoind than a single one.

"More eyes on code", "Contribute to Core", "Everybody should audit the code".

All these points repeated again and again fell to Earth on the day it was discovered that Bitcoin Core developers merged a variable name change from "blacklist" to "blocklist" without even discussing or acknowledging the fact that that innocent pull request opened by a sybil account was a social attack.

After a big lot of people manifested their dissatisfaction with that event on Twitter and on GitHub, most Core developers simply ignored everybody's concerns or even personally attacked people who were complaining.

The event has shown that:

1) Bitcoin Core ultimately rests on the hands of a couple maintainers and they decide what goes on the GitHub repository[^pr-merged-very-quickly] and the binary releases that will be downloaded by thousands; 2) Bitcoin Core is susceptible to social attacks; 2) "More eyes on code" don't matter, as these extra eyes can be ignored and dismissed.

Solution: bitcoind decentralization

If usage was spread across 10 different bitcoind flavors, the network would be much more resistant to social attacks to a single team.

This has nothing to do with the question on if it is better to have multiple different Bitcoin node implementations or not, because here we're basically talking about the same software.

Multiple teams, each with their own release process, their own logo, some subtle changes, or perhaps no changes at all, just a different name for their bitcoind flavor, and that's it.

Every day or week or month or year, each flavor merges all changes from Bitcoin Core on their own fork. If there's anything suspicious or too leftist (or perhaps too rightist, in case there's a leftist bitcoind flavor), maybe they will spot it and not merge.

This way we keep the best of both worlds: all software development, bugfixes, improvements goes on Bitcoin Core, other flavors just copy. If there's some non-consensus change whose efficacy is debatable, one of the flavors will merge on their fork and test, and later others -- including Core -- can copy that too. Plus, we get resistant to attacks: in case there is an attack on Bitcoin Core, only 10% of the network would be compromised. the other flavors would be safe.

Run Bitcoin Knots

The first example of a bitcoind software that follows Bitcoin Core closely, adds some small changes, but has an independent vetting and release process is Bitcoin Knots, maintained by the incorruptible Luke DashJr.

Next time you decide to run bitcoind, run Bitcoin Knots instead and contribute to bitcoind decentralization!

---

See also:

• How to attack Bitcoin, Anthony Towns' take

[^pr-merged-very-quickly]: See PR 20624, for example, a very complicated change that could be introducing bugs or be a deliberate attack, merged in 3 days without time for discussion.

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Nukleáris technológiai és projektfejlesztési hírek

Több jelentős nemzetközi fejlemény történt a nukleáris energia területén. A Westinghouse Electric Company megkapta az amerikai Energiaügyi Minisztériumtól a kulcsfontosságú biztonsági jóváhagyást az eVinci mikroreaktorához, ami fontos lépés ennek az innovatív nukleáris technológiának a bevezetése felé. A vállalat Idaho államban tervezi egy tesztreaktor létesítését, ami jól mutatja, hogy a mikroreaktorok piaca egyre nagyobb lendületet kap.

Eközben a nukleáris kapacitás gyors bővítéséhez szükséges ellátási lánc felkészültsége volt a fő témája a World Nuclear Association első konferenciájának. Jelentős projektfrissítések között szerepel a kritikus turbinakomponensek beszerelése a kínai Haiyang atomerőműben, az indiai Mahi Banswara Rajasthan Atomerőmű négy blokkjára vonatkozó szabályozói engedély, valamint egy új olaszországi partnerség, a Nuclitalia, amely fejlett nukleáris technológiákra fókuszál. Belgiumban a Nukleáris Kutatóközpont hivatalos konzultációkat indított egy ólom-hűtésű kis moduláris reaktor (SMR) ügyében, Brazília pedig bejelentette, hogy Oroszországgal közösen fejleszt SMR-projektet.

Szabályozási és biztonsági aktualitások

A Nemzetközi Atomenergia-ügynökség (IAEA) meghosszabbította a tanulmányok benyújtási határidejét a közelgő, nukleáris létesítmények ellenállóképességéről szóló konferenciájára, hangsúlyozva a nukleáris létesítmények alkalmazkodásának fontosságát a klímaváltozás jelentette növekvő kockázatokhoz. A konferenciát 2025 októberében rendezik Bécsben, és fő témája a nukleáris létesítmények biztonságának és ellenállóképességének növelése lesz, különös tekintettel a külső eseményekre, mint az árvizek és földrengések.

Kanadában a Nukleáris Biztonsági Bizottság engedélyezte az Ontario Power Generation számára, hogy megkezdje egy BWRX-300 típusú reaktor építését a Darlington New Nuclear Project helyszínén, ami a nukleáris építkezések folyamatos szabályozói támogatását mutatja. Az Egyesült Államokban a Nukleáris Szabályozási Bizottság további 20 évvel meghosszabbította a Duke Energy Oconee atomerőművi blokkjainak üzemeltetési engedélyét, valamint támogatást nyújtott a michigani Palisades atomerőmű újraindításához.

Iparági és gazdasági trendek

Az iparági vezetők optimistán nyilatkoztak a nukleáris energia jelenlegi helyzetéről, kiemelve az Egyesült Államokban zajló aktív projekteket (például a TerraPower Wyomingban és az X-energy együttműködése a Dow vállalattal), valamint a fejlett nukleáris üzemanyaggyártásba irányuló magánbefektetések növekedését. Felmerült az is, hogy a Világbank nukleáris projekteket is finanszírozhatna, ami tovább ösztönözhetné a globális beruházásokat, és megerősítené a nukleáris energia szerepét az energetikai átmenetben.

Belgiumban a kormány és az Engie közüzemi vállalat végleges megállapodást kötött a Tihange 3 és Doel 4 reaktorok üzemidejének tíz évvel történő meghosszabbításáról, amely az energiabiztonságot és a radioaktív hulladék kezelését is szolgálja. Németországban a nukleáris technológiai szövetség hangsúlyozta, hogy akár hat, nemrégiben leállított reaktor újraindítása technikailag megvalósítható, és a nukleáris energia biztonságos, gazdaságos, valamint klímabarát alternatívát jelent.

Nemzetközi együttműködés és kutatás

Kanadában a Prodigy Clean Energy és a Serco közel jár a szállítható atomerőművek tesztprogramjának befejezéséhez, amelynek középpontjában a biztonság és az extrém helyzetekben való ellenállóképesség áll. Az EnergySolutions és a WEC Energy Group új nukleáris kapacitás létesítését vizsgálja a wisconsini Kewaunee helyszínen, és előzetes engedélyeket kívánnak szerezni a jövőbeni telepítéshez.

Az IAEA ismételten hangsúlyozta, hogy kész támogatni a Zaporizzsjai Atomerőműre vonatkozó megállapodásokat, amely továbbra is orosz katonai ellenőrzés alatt áll, kiemelve a térségben fennálló geopolitikai és biztonsági kihívásokat.

---

Források:
world-nuclear-news.org
nucnet.org
iaea.org
ans.org

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https://stacker.news/items/1002548

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Bitcoin Magazine

President Trump’s Truth Social Files S-1 Form For Bitcoin ETF

Today, Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) filed with the US Securities and Exchange Commission (SEC) a Form S-1 for their upcoming Truth Social Bitcoin ETF.

The ETF, which will hold bitcoin directly, is designed to track the bitcoin’s price performance. 

“Truth Social Bitcoin ETF, B.T. is a Nevada business trust that issues beneficial interests in its net assets,” stated the Form S-1. “The assets of the Trust consist primarily of bitcoin held by a custodian on behalf of the Trust. The Trust seeks to reflect generally the performance of the price of bitcoin.”

The ETF is sponsored by Yorkville America Digital, LLC and will trade under NYSE Arca. The Trust’s assets primarily consist of bitcoin held by Foris DAX Trust Company, LLC, the designated bitcoin custodian. Crypto.com will act as the ETF’s prime execution agent and liquidity provider.

“Shares will be offered to the public from time to time at varying prices that will reflect the price of bitcoin and the trading price of the Shares on New York Stock Exchange Arca, Inc. at the time of the offer,” mentioned the Form S-1.

While the ETF offers investors a regulated avenue for bitcoin exposure, the Trust warned of several risks related to digital assets:

• Loss, theft, or compromise of private keys could result in permanent loss of bitcoin.
• Bitcoin’s reliance on blockchain and Internet technologies makes it vulnerable to disruptions and cyber threats.
• Environmental and regulatory pressures tied to high electricity use in bitcoin mining could impact market stability.
• Potential forks or protocol failures in the Bitcoin Network may lead to volatility and uncertainty in asset value.

Last week, during an interview at the 2025 Bitcoin Conference, Donald Trump Jr. announced that TMTG and Truth Social were forming a Bitcoin treasury with $2.5 billion. “We’re seriously on crypto—we’re seriously on Bitcoin,” said Trump Jr. “We’re in three major deals. I believe we’re at the beginning of what will be the future of finance. And the opportunity is massive.”

The day after that interview, Eric Trump and Donald Trump Jr., joined by American Bitcoin Executive Chairman and Board Member Mike Ho, CEO Matt Prusak, and Altcoin Daily founder Aaron Arnold, discussed the future of Bitcoin.

“The whole system is broken and now all of the sudden you have crypto which solves all the problems,” commented Eric Trump. “It makes everything cheaper, it makes everything faster, it makes it safer, it makes it more transparent. It makes the whole system more functional.“

“Everybody wants Bitcoin. Everybody is buying Bitcoin,” Eric added.

This post President Trump’s Truth Social Files S-1 Form For Bitcoin ETF first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 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

@ 97c70a44:ad98e322

Vibe coding is taking the nostr developer community by storm. While it's all very exciting and interesting, I think it's important to pump the brakes a little - not in order to stop the vehicle, but to try to keep us from flying off the road as we approach this curve.

In this note Pablo is subtweeting something I said to him recently (although I'm sure he's heard it from other quarters as well):

nostr:nevent1qvzqqqqqqypzp75cf0tahv5z7plpdeaws7ex52nmnwgtwfr2g3m37r844evqrr6jqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qghwaehxw309aex2mrp0yh8qunfd4skctnwv46z7qg6waehxw309ac8junpd45kgtnxd9shg6npvchxxmmd9uqzq0z48d4ttzzkupswnkyt5a2xfkhxl3hyavnxjujwn5k2k529aearwtecp4

There is a naive, curmudgeonly case for simply "not doing AI". I think the intuition is a good one, but the subject is obviously more complicated - not doing it, either on an individual or a collective level, is just not an option. I recently read Tools for Conviviality by Ivan Illich, which I think can help us here. For Illich, the best kind of tool is one which serves "politically interrelated individuals rather than managers".

This is obviously a core value for bitcoiners. And I think the talks given at the Oslo Freedom Forum this year present a compelling case for adoption of LLMs for the purposes of 1. using them for good, and 2. developing them further so that they don't get captured by corporations and governments. Illich calls both the telephone and print "almost ideally convivial". I would add the internet, cryptography, and LLMs to this list, because each one allows individuals to work cooperatively within communities to embody their values in their work.

But this is only half the story. Illich also points out how "the manipulative nature of institutions... have put these ideally convivial tools at the service of more [managerial dominance]."

Preventing the subversion and capture of our tools is not just a matter of who uses what, and for which ends. It also requires an awareness of the environment that the use of the tool (whether for virtuous or vicious ends) creates, which in turn forms the abilities, values, and desires of those who inhabit the environment.

The natural tendency of LLMs is to foster ignorance, dependence, and detachment from reality. This is not the fault of the tool itself, but that of humans' tendency to trade liberty for convenience. Nevertheless, the inherent values of a given tool naturally gives rise to an environment through use: the tool changes the world that the tool user lives in. This in turn indoctrinates the user into the internal logic of the tool, shaping their thinking, blinding them to the tool's influence, and neutering their ability to work in ways not endorsed by the structure of the tool-defined environment.

The result of this is that people are formed by their tools, becoming their slaves. We often talk about LLM misalignment, but the same is true of humans. Unreflective use of a tool creates people who are misaligned with their own interests. This is what I mean when I say that AI use is anti-human. I mean it in the same way that all unreflective tool use is anti-human. See Wendell Berry for an evaluation of industrial agriculture along the same lines.

What I'm not claiming is that a minority of high agency individuals can't use the technology for virtuous ends. In fact, I think that is an essential part of the solution. Tool use can be good. But tools that bring their users into dependence on complex industry and catechize their users into a particular system should be approached with extra caution. The plow was a convivial tool, and so were early tractors. Self-driving John Deere monstrosities are a straightforward extension of the earlier form of the technology, but are self-evidently an instrument of debt slavery, chemical dependency, industrial centralization, and degradation of the land. This over-extension of a given tool can occur regardless of the intentions of the user. As Illich says:

There is a form of malfunction in which growth does not yet tend toward the destruction of life, yet renders a tool antagonistic to its specific aims. Tools, in other words, have an optimal, a tolerable, and a negative range.

The initial form of a tool is almost always beneficial, because tools are made by humans for human ends. But as the scale of the tool grows, its logic gets more widely and forcibly applied. The solution to the anti-human tendencies of any technology is an understanding of scale. To prevent the overrun of the internal logic of a given tool and its creation of an environment hostile to human flourishing, we need to impose limits on scale.

Tools that require time periods or spaces or energies much beyond the order of corresponding natural scales are dysfunctional.

My problem with LLMs is:

• Not their imitation of human idioms, but their subversion of them and the resulting adoption of robotic idioms by humans
• Not the access they grant to information, but their ability to obscure accurate or relevant information
• Not their elimination of menial work, but its increase (Bullshit Jobs)
• Not their ability to take away jobs, but their ability to take away the meaning found in good work
• Not their ability to confer power to the user, but their ability to confer power to their owner which can be used to exploit the user
• Not their ability to solve problems mechanistically, but the extension of their mechanistic value system to human life
• Not their explicit promise of productivity, but the environment they implicitly create in which productivity depends on their use
• Not the conversations they are able to participate in, but the relationships they displace

All of these dysfunctions come from the over-application of the technology in evaluating and executing the fundamentally human task of living. AI work is the same kind of thing as an AI girlfriend, because work is not only for the creation of value (although that's an essential part of it), but also for the exercise of human agency in the world. In other words, tools must be tools, not masters. This is a problem of scale - when tool use is extended beyond its appropriate domain, it becomes what Illich calls a "radical monopoly" (the domination of a single paradigm over all of human life).

So the important question when dealing with any emergent technology becomes: how can we set limits such that the use of the technology is naturally confined to its appropriate scale?

Here are some considerations:

• Teach people how to use the technology well (e.g. cite sources when doing research, use context files instead of fighting the prompt, know when to ask questions rather than generate code)
• Create and use open source and self-hosted models and tools (MCP, stacks, tenex). Refuse to pay for closed or third-party hosted models and tools.
• Recognize the dependencies of the tool itself, for example GPU availability, and diversify the industrial sources to reduce fragility and dependence.
• Create models with built-in limits. The big companies have attempted this (resulting in Japanese Vikings), but the best-case effect is a top-down imposition of corporate values onto individuals. But the idea isn't inherently bad - a coding model that refuses to generate code in response to vague prompts, or which asks clarifying questions is an example. Or a home assistant that recognized childrens' voices and refuses to interact.
• Divert the productivity gains to human enrichment. Without mundane work to do, novice lawyers, coders, and accountants don't have an opportunity to hone their skills. But their learning could be subsidized by the bots in order to bring them up to a level that continues to be useful.
• Don't become a slave to the bots. Know when not to use it. Talk to real people. Write real code, poetry, novels, scripts. Do your own research. Learn by experience. Make your own stuff. Take a break from reviewing code to write some. Be independent, impossible to control. Don't underestimate the value to your soul of good work.
• Resist both monopoly and "radical monopoly". Both naturally collapse over time, but by cultivating an appreciation of the goodness of hand-crafted goods, non-synthetic entertainment, embodied relationship, and a balance between mobility and place, we can relegate new, threatening technologies to their correct role in society.

I think in all of this is implicit the idea of technological determinism, that productivity is power, and if you don't adapt you die. I reject this as an artifact of darwinism and materialism. The world is far more complex and full of grace than we think.

The idea that productivity creates wealth is, as we all know, bunk. GDP continues to go up, but ungrounded metrics don't reflect anything about the reality of human flourishing. We have to return to a qualitative understanding of life as whole, and contextualize quantitative tools and metrics within that framework.

Finally, don't believe the hype. Even if AI delivers everything it promises, conservatism in changing our ways of life will decelerate the rate of change society is subjected to and allow time for reflection and proper use of the tool. Curmudgeons are as valuable as technologists. There will be no jobspocalypse if there is sufficient political will to value human good over mere productivity. It's ok to pump the breaks.

@ b6dcdddf:dfee5ee7

Bitcoiners around the world are helping to build a safe, permanent home for 50+ orphans in Bugiri, Uganda 🇺🇬—complete with dorms, classrooms, gardens, and Bitcoin education.

Project by @orphansofuganda

https://geyser.fund/project/buildingabitcoinfundedorphanagehomeinuganda

https://stacker.news/items/1002532

@ 3bf0c63f:aefa459d

A violência é uma forma de comunicação

A violência é uma forma de comunicação: um serial killer, um pai que bate no filho, uma briga de torcidas, uma sessão de tortura, uma guerra, um assassinato passional, uma briga de bar. Em todos esses se pode enxergar uma mensagem que está tentando ser transmitida, que não foi compreendida pelo outro lado, que não pôde ser expressa, e, quando o transmissor da mensagem sentiu que não podia ser totalmente compreendido em palavras, usou essa outra forma de comunicação.

Quando uma ofensa em um bar descamba para uma briga, por exemplo, o que há é claramente uma tentativa de uma ofensa maior ainda pelo lado do que iniciou a primeira, a briga não teria acontecido se ele a tivesse conseguido expressar em palavras tão claras que toda a audiência de bêbados compreendesse, o que estaria além dos limites da linguagem, naquele caso, o soco com o mão direita foi mais eficiente. Poderia ser também a defesa argumentativa: "eu não sou um covarde como você está dizendo" -- mas o bar não acreditaria nessa frase solta, a comunicação não teria obtido o sucesso desejado.

A explicação para o fato da redução da violência à medida em que houve progresso da civilização está na melhora da eficiência da comunicação humana: a escrita, o refinamento da expressão lingüística, o aumento do alcance da palavra falada com rádio, a televisão e a internet.

Se essa eficiência diminuir, porque não há mais acordo quanto ao significado das palavras, porque as pessoas não estão nem aí para se o que escrevem é bom ou não, ou porque são incapazes de compreender qualquer coisa, deve aumentar proporcionalmente a violência.

@ c631e267:c2b78d3e

Willst du den Charakter eines Menschen kennenlernen, \ so gib ihm Macht. \ Abraham Lincoln

Vermutlich war Friedrich Merz erleichtert nach seinem Besuch beim US-Präsidenten im Oval Office. Dem Bundeskanzler kam zwar neben der Wortgewalt Donald Trumps eher eine Statistenrolle in der Medienrunde zu, aber es hätte natürlich viel schlimmer kommen können. Deswegen hatte er sich wohl vorher Ratschläge geholt, wie man hört unter anderem vom ukrainischen Präsidenten Wolodymyr Selenskyj. Offiziell gab der deutsche Regierungschef sogar an, «außerordentlich zufrieden» mit seinem Antrittsbesuch zu sein.

Dabei gibt es aktuell doch mehr Differenzen als Gemeinsamkeiten. Zu den Themen, mit denen es eine sehr unterschiedliche Umgehensweise hier und dort gibt, gehört die Gesundheit. Trumps Gesundheitsminister, Robert F. Kennedy Jr., kritisiert zum Beispiel, die meisten US-Universitäten würden den Studenten zu wenig über die Bedeutung gesunder Ernährung beibringen. Im Vordergrund der medizinischen Ausbildung stünde zu sehr die Behandlung der Menschen mit Medikamenten. Daher plant er, den Fakultäten die Bundesmittel zu streichen, wenn sie ihren Studenten keine Ernährungskurse anbieten.

Der oft als Verschwörungstheoretiker diffamierte RFK Jr. ist auch Teil des wachsenden Widerstands gegen Geoengineering-Aktivitäten. Die Manipulation von Wetter und Klima beispielsweise durch das Freisetzen von Chemikalien in die Atmosphäre kann kaum gesund sein und soll daher mit Louisiana jetzt in einem weiteren US-Bundesstaat verboten werden. Kennedy hatte derartige Maßnahmen auch schon als ein Verbrechen bezeichnet, das es zu stoppen gelte.

Indes ist der deutsche Beitrag in diesem Kontext, dass Ex-Gesundheitsminister und Covid-Impfpflicht-Befürworter Karl Lauterbach jetzt zum Klimaexperten mutiert. Laut Spiegel soll er Mitglied einer Kommission für Klima und Gesundheit bei der Weltgesundheitsorganisation werden, angeblich unentgeltlich. Vermutlich möchte die WHO im Sinne ihrer One-Health-Initiative mit solcher Lobbyarbeit für «Klimaschutz als Teil des Gesundheitsschutzes» ihren globalen Führungsanspruch untermauern.

Das Thema «Corona» ist im Übrigen noch lange nicht erledigt und das Narrativ bekommt weitere Risse. Nachdem Kennedy in den USA den Covid-«Impfstoff» für gesunde Kinder und schwangere Frauen aus dem empfohlenen Impfplan gestrichen hat, ist eine CDC-Beraterin zurückgetreten, die die Gen-Injektionen für Schwangere gefördert hatte. Auch die australische Regierung hat ihre Impfempfehlungen aktualisiert. Sie räumt jetzt ein, dass der Nutzen des «Impfstoffs» die Schäden für gesunde Jugendliche nicht überwiegt.

Gleichzeitig berichten Medien von einer neuen, anhaltenden «Covid-19-Welle» in China. Es gebe Befürchtungen, dass es zu erneuten Lockdowns und anderen drastischen Maßnahmen kommen könnte, obwohl sich die «Infektionen» laut den Gesundheitsbehörden auf einem Abwärtstrend befinden. In einigen Schulen seien Schüler isoliert und unter Quarantäne gestellt worden.

Isolierung, Überwachung und Kontrolle sind ebenfalls ein höchst ungesundes Erbe der «Coronazeit». Die weltweit vielfach eingeführten digitalen «Impfpässe» wurden als Instrument benutzt, um Kampagnen für digitale Identitäten zu fördern und die entsprechenden Systeme aufzubauen. Gerade hat auch Griechenland mit der Einführung seiner «Personal Citizen Number» den Grundstein für ein einheitliches digitales ID-System gelegt.

Derweil schlagen Datenschützer Alarm wegen des Tracking-Potenzials der sogenannten «Phone Home»-Funktion vieler digitaler Ausweise. Dieses «Feature», bei dem im Hintergrund jedesmal der Aussteller kontaktiert wird, um eine Angabe zu überprüfen, werde ganz leise in der Gesellschaft eingeführt, warnen sie. Das gebe den Regierungen den Vorgeschmack auf eine Macht, die sie kaum jemals wieder loslassen würden. Dagegen hilft nur eins: wachsam sein, hinterfragen und im Zweifel «Nein» sagen, anstatt auf eine vermeintliche Bequemlichkeit hereinzufallen.

[Titelbild: Pixabay]

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

@ a5ee4475:2ca75401

[EM ATUALIZAÇÃO]

vacina #saude #politica #manipulacao #mundial #genocidio #pandemia #conspiracao

"Aqueles que não conseguem lembrar o passado estão condenados a repeti-lo." - George Satayana

Este artigo reúne algumas menções e evidências mais antigas que vim registrando durante alguns anos em relação a Covid-19, vacinas obrigatórias e a ação de agências de governo, fundações, políticos, mídia tradicional, celebridades, influenciadores, cientistas, redes sociais e laboratórios, em envolvimento com genocídio e restrições de liberdades em escala mundial causado por decisões em várias esferas relativas ao covid e as vacinas obrigatórias em geral.

Porém, alguns links podem não estar mais disponíveis, foram que ainda faltam ser registradas muitas informações já divulgadas nos últimos anos e que muitos não tiveram contato pela escassez de meios para a obtenção dessas informações de forma organizada.

Portanto, o presente artigo ainda passará por atualizações de conteúdo e formatação. Logo, se possível, ajudem sugerindo complementos ou alterações, ou com doações.

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Noções iniciais:

• O termo 'Coronavírus' (COVID) é na verdade um nome genérico para vários vírus de gripes já comuns, dado para o tipo corona (com uma "coroa", 'espetos' ao redor dele), o Sars-Cov-2 (que passou a ser chamado erroneamente só de Covid), é só um deles.
• SARS-CoV-2 é que é nome do vírus. Ele que causa a doença Covid-19;
• O coronavírus SARS-CoV-2 é o segundo tipo de SARS-CoV documentado, o primeiro ocorreu entre 2002 e 2003, se originando também da China e também dito como tendo origem animal;
• SARS (Severe Acute Respiratory Syndrome) - Síndrome Respiratória Aguda Grave (SRAG) é a uma doença respiratória viral, relatada ser de origem zoonótica (animal), causada pelos coronavírus SARS-CoV (2002) e SARS-CoV-2 (2019), ambos de origem chinesa;

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1. Vacinas Obrigatórias em Geral

23/01/2025 - [Pesquisa] Vacinas nos EUA causando autismo em crianças https://publichealthpolicyjournal.com/vaccination-and-neurodevelopmental-disorders-a-study-of-nine-year-old-children-enrolled-in-medicaid/

• O CDC admite que 98 milhões de pessoas receberam o vírus do câncer através da vacina da Poliomielite https://medicinanews.com.br/frente/frente_1/o-cdc-admite-que-98-milhoes-de-pessoas-receberam-o-virus-do-cancer-atraves-da-vacina-poliomielite/

"O CDC (Os Centros de Controle e Prevenção de Doenças dos Estados Unidos) removeu rapidamente uma página do seu site, que estava em cache no Google, como você pode ver logo abaixo, admitindo que mais de 98 milhões de americanos receberam uma ou mais doses de vacina contra pólio dentro de 8 período entre 1955 e 1963, quando uma proporção da vacina foi contaminada com um poliomavírus causador de câncer chamado SV40."

Fonte original da imagem: https://preventdisease.com/images13/CDC_Polio.png [indisponível] - A imagem foi trocada por outra de menor qualidade e em outro link, mas eu já tinha a imagem original salva.

Imagem arquivada em: https://web.archive.org/web/20201203231640/

27/02/2021 - Por que o Japão demorou para vacinar, mesmo com Olimpíada se aproximando https://www.cnnbrasil.com.br/internacional/2021/02/27/por-que-o-japao-demorou-para-vacinar-mesmo-com-olimpiada-se-aproximando

"Desconfiança da população japonesa em relação a vacinas, ligada a casos ocorridos no passado, está entre razões que atrasaram imunização no país.

A resistência à vacina do Japão remonta à década de 1970, quando duas crianças morreram dentro de 24 horas após receberem a vacina combinada contra difteria, tétano e coqueluche (coqueluche). A vacina foi temporariamente suspensa, mas a confiança já havia sido abalada. Por vários anos, as taxas de vacinação infantil caíram, levando a um aumento nos casos de tosse convulsa.

No final dos anos 1980, houve outro susto com a introdução da vacina tripla contra sarampo, caxumba e rubéola produzida no Japão. As primeiras versões do imunizante foram associadas à meningite asséptica, ou inchaço das membranas ao redor do cérebro e da medula espinhal. O problema foi rastreado até o componente caxumba da vacina tripla, o que levou a uma ação judicial e a indenização por danos pesados.

O Instituto Nacional de Ciências da Saúde interrompeu a dose combinada em 1993 e a substituiu por vacinas individuais. Após o escândalo, Shibuya disse que o governo japonês se tornou "ciente dos riscos" e seu programa nacional de vacinação tornou-se voluntário.

O Dr. Yuho Horikoshi, especialista em doenças infecciosas, diz que os processos levaram a uma "lacuna de vacinação", em que nenhuma vacina foi aprovada no Japão por cerca de 15 anos.

Mais recentemente, em 2013, o Japão adicionou a vacina contra o papilomavírus humano (HPV) ao calendário nacional para proteger as meninas contra o vírus sexualmente transmissível, que é conhecido por causar câncer cervical. No entanto, vídeos de meninas supostamente sofrendo de reações adversas começaram a circular no YouTube, levando o governo a retirá-los da programação nacional."

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2. PRIMEIRAS OCORRÊNCIAS PREDITIVAS AO COVID-19

2002 - Síndrome respiratória aguda grave (SARS) Brenda L. Tesini (setembro de 2018). Síndrome respiratória aguda grave (SARS) [indisponível]. Manual Merck. Consultado em 23 de janeiro de 2020, citado no Wikipedia

SARS - Wikipédia: "A SARS [doença do vírus SARS-CoV] foi detectada pela primeira vez no fim de 2002 na China. Entre 2002 e 2003, um surto da doença resultou em mais de 8 000 casos e cerca de 800 mortes em todo o mundo."

2010 - Fundação Rockfeller, Lockstep. https://www.rockefellerfoundation.org/wp-content/uploads/Annual-Report-2010-1.pdf

Neste PDF da fundação Rockfeller, em seu próprio site, a fundação deixou claro o seu envolvimento em casos de ‘contenção’ de pandemias juntamente com a USAID (agência americana com nome ambíguo, como formalmente ‘United States Agency for International Development’, mas soando como ‘US Socorre’, mas sendo um braço do governo democrata que financiava interferências políticas diretas em vários países, como em intervenções no Brasil ), inclusive em relacionadas ao SARS, o mesmo sintoma dos coronavírus Sars-Cov e Sars-Cov-2 (o vírus propagado em 2019) e que causa o COVID-19.

Segundo eles:

“Integração entre Regiões e Países

A Fundação Rockefeler investiu US$ 22 milhões em sua Iniciativa de Redes de Vigilância de Doenças para ajudar a conter a disseminação de doenças infecciosas e pandemias, fortalecendo os sistemas nacionais, regionais e globais de vigilância e resposta a doenças. Dois programas-chave da Rockefeler — a Rede de Vigilância de Doenças da Bacia do Mekong e a Rede Integrada de Vigilância de Doenças da África Oriental — conectaram e capacitaram profissionais de saúde, epidemiologistas e autoridades de saúde pública em toda a região, levando a um aumento de seis vezes nos locais de vigilância de doenças transfronteiriças somente nos últimos três anos. Em 2010, a Rockefeler expandiu a bem-sucedida campanha transdisciplinar One Health, que a USAID e o Banco Asiático de Desenvolvimento adotaram como modelos. One Health refere-se à integração da ciência médica e veterinária para combater essas novas variedades de doenças zoonóticas que se movem e sofrem mutações rapidamente de animais para humanos. Essas colaborações criaram e fortaleceram uma rede regional crítica de saúde pública, enquanto as lições aprendidas foram exportadas entre disciplinas e países. Além de fortalecer os laços globais em saúde pública, a Rockefeler ajudou a elevar o nível de especialização e treinamento em campo. O Programa de Treinamento em Epidemiologia de Campo coloca graduados nos mais altos escalões do governo no Laos e no Vietnã, enquanto as bolsas da Rockefeler transformaram as ferramentas disponíveis para os médicos, permitindo-lhes utilizar o poder da internet para se comunicar e monitorar eventos, compreender contextos locais e analisar novos problemas. Finalmente, estamos aplicando ferramentas do século XXI para combater os desafios de saúde do século XXI.”

Julho de 2012 - Revista Mundo Estranho - Epidemias Citado em: https://super.abril.com.br/especiais/epidemia-o-risco-invisivel/

Página do site ME salva em Imagem no Voidcat

Houve uma ‘coincidência’, a revista Mundo Estranho em julho de 2012, entrevistou o até então doutorando em virologia, Átila Iamarino (do canal Nerdologia no Youtube - O mesmo cientista que fez diversas propagandas das vacinas no Brasil), para descrever um possível cenário de propagação de uma epidemia viral, a revista descreve com grande precisão os eventos de 2020, mas apontando o oposto da China, em que, na realidade, sua economia cresceu vertiginosamente.

Segundo eles:

“ 1 – A Ásia é o ponto de partida. Após várias mutações, um novo vírus surge hospedado em morcegos. As fezes que eles soltam no ar infectam guaxinins. Dos mercados da China, esses animais são levados vivos para serem abatidos em restaurantes. Estressados, eles arranham e mordem os cozinheiros, espalhando o vírus.

2 – O vírus adquire a capacidade de ser transmitido de homem para homem por via aérea – forma mais fácil de contágio. Além disso, o contágio se dá antes mesmo de o enfermo apresentar os sintomas. Assim, em média, o doente infecta cinco pessoas antes de ter febre, vômito, diarreia, desidratação e falta de ar.

3 – O governo chinês envia uma comissão para avaliar a doença misteriosa que acomete alguns vilarejos. A equipe volta sem resultados e não considera o surto alarmante até que três pesquisadores adoecem e um deles morre. A China não informa a Organização Mundial da Saúde (OMS) para não demonstrar fragilidade.

4 – Os sintomas são comuns e a doença só chama a atenção quando muita gente começa a morrer na mesma região. Ainda assim, demora para que médicos e enfermeiros percebam a ineficiência de antibióticos na cura – o que exclui a maioria das bactérias como agente causador. Testes com vírus comuns também dão negativo.

5 – O governo isola comunidades em que há focos da doença. Ninguém entra nas cidades e nenhum doente pode sair. Mas, como a misteriosa enfermidade demora quatro dias para mostrar seus sintomas, muitos doentes saem dos vilarejos sem saber que estão infectados, alastrando a epidemia.

6 – Doentes viajam de avião para grandes cidades, como Hong Kong. O fervilhante centro comercial, que atrai gente do mundo todo, é um polo de contágio e disseminação. Sem imaginar o risco que correm, pessoas são contaminadas e, ao voltar para seu local de origem, carregam o vírus para todos os continentes.

7 – Com a doença já fora de controle, começa uma corrida entre laboratórios e cientistas de grandes universidades para descobrir o agente causador. Mesmo com o vírus isolado, as vacinas demoram para ser feitas em larga escala, tornando impossível o atendimento à demanda mundial.

8 – Os países se isolam, mantendo esquemas de quarentena. Aeroportos são fechados e o turismo mundial cai a quase zero. A China sofre as piores consequências, com o fluxo de empresários para Hong Kong suspenso – gerando prejuízos de bilhões de dólares – e com o boicote a produtos alimentícios vindos da Ásia.

9 – Além dos 10% de casos letais, os milhões de doentes precisam de atendimento médico. Enquanto hospitais e cemitérios estão lotados, escolas, indústrias e comércio ficam paralisados por falta de profissionais. O transporte público também para e os trabalhadores que podem passam a trabalhar em casa.

10 – Nas nações pobres, quase 20% da população morre – e outros milhões são vitimados mesmo em países ricos. Parte dessa mortalidade ocorre por causa da doença, mas outro fator determinante é a crise financeira global. A produção de alimentos cai por falta de mão de obra.

Fontes: A História e Suas Epidemias e Pandemias – A Humanidade em Risco, de Stefan Cunha Ujvari; Pragas e Epidemias – Histórias de Doenças Infecciosas, de Antonio Carlos de Castro Toledo Jr. Consultoria: Stefan Ujvari Cunha, infectologista do Hospital Alemão Oswaldo Cruz; Paolo Zanotto, professor de virologia do Instituto de Ciências Biológicas (ICB) da USP; Átila Iamarino, doutorando em HIV-1 no ICB da USP. “

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3. PRIMEIROS INDÍCIOS

10/2019 - Evento 201 - Durante os Jogos Militares Internacionais na China https://www.centerforhealthsecurity.org/event201/

Promovido por: - Bill & Melinda Gates Foundation - John Hopkins Institute - Fórum econômico mundial

"O evento simula a liberação de um coronavírus novo do tipo zoonótico transmitido por morcegos para porcos e por fim para humanos. Eventualmente ele se torna muito transmissível entre humanos levando a uma pandemia severa. O vírus é muito parecido com o vírus da SARS, mas se transmite muito mais facilmente entre pessoas devido a sintomas muito mais leves destas."

Também mencionado por: Jornal Estadão

Sobre o "Movimento antivacina"

05/12/2017 - Movimento antivacina: como surgiu e quais consequências ele pode trazer? https://www.uol.com.br/universa/noticias/redacao/2017/12/05/o-que-o-movimento-antivacina-pode-causar.htm?cmpid=copiaecola

23/03/2019 - "Instagram bloqueia hashtags e conteúdo antivacinação" https://canaltech.com.br/redes-sociais/instagram-bloqueia-hashtags-e-conteudo-antivacinacao-135411/

23/05/2021 - Novos dados sobre pesquisadores de Wuhan aumentam debate sobre origens da Covid https://www.cnnbrasil.com.br/saude/novos-dados-sobre-pesquisadores-de-wuhan-aumentam-debate-sobre-origens-da-covid/

"A China relatou à Organização Mundial da Saúde que o primeiro paciente com sintomas semelhantes aos de Covid-19 foi registrado em Wuhan em 8 de dezembro de 2019"

01/02/2020 - O que aconteceu desde que o novo coronavírus foi descoberto na China https://exame.com/ciencia/o-que-aconteceu-desde-que-o-novo-coronavirus-foi-descoberto-na-china/

"O primeiro alerta foi recebido pela Organização Mundial da Saúde (OMS) em 31 de dezembro de 2019"

15/09/2020 - YouTube diz que vai remover vídeos com mentiras sobre vacina contra COVID-19 https://gizmodo.uol.com.br/youtube-remover-videos-mentiras-vacina-covid-19/

"O YouTube anunciou na quarta-feira (14) que estenderá as regras atuais sobre mentiras, propaganda e teorias da conspiração sobre a pandemia do coronavírus para incluir desinformação sobre as vacinas contra a doença.

De acordo com a Reuters, a gigante do vídeo diz que agora vai proibir conteúdos sobre vacinas contra o coronavírus que contradizem “o consenso de especialistas das autoridades de saúde locais ou da OMS”, como afirmações falsas de que a vacina é um pretexto para colocar chips de rastreamento nas pessoas ou que irá matar ou esterilizar quem tomar."

*07/01/2021 - YouTube vai punir canais que promovem mentiras sobre eleições – incluindo os de Trump https://olhardigital.com.br/2021/01/07/noticias/youtube-vai-punir-canais-que-promovem-mentiras-sobre-eleicoes-incluindo-os-de-trump/

"O YouTube anunciou que vai punir canais que promovem mentiras sobre as eleições, removendo sumariamente qualquer vídeo que contenha desinformação e, ao mesmo tempo, advertindo com um “strike” o canal que o veicular. A medida já está valendo e a primeira “vítima” é ninguém menos que o ex-presidente americano, Donald Trump.

A medida não é exatamente nova, mas foi novamente comunicada e reforçada pelo YouTube na quarta-feira (6), após os eventos de invasão do Capitólio, em Washington, onde o presidente eleito Joe Biden participava da cerimônia que confirmava a sua vitória nas eleições de novembro de 2020. A ocasião ficou marcada pela tentativa de invasão de correligionários de Trump, que entraram no edifício em oposição à nomeação do novo presidente. Uma mulher acabou sendo morta pela polícia que protegia o local.

O ex-presidente Donald Trump teve vídeos banidos de seu canal no YouTube após os eventos de ontem (6) no capitólio."

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4. FIGURAS CENTRAIS

Bill Gates

• Bill Gates diz 'não' a abrir patentes de vacinas https://www.frontliner.com.br/bill-gates-diz-nao-a-abrir-patentes-de-vacinas/

"Bill Gates, um dos homens mais ricos do mundo, cuja fundação tem participação na farmacêutica alemã CureVac, produtora de vacina mRNA para prevenção de covid-19, disse não acreditar que a propriedade intelectual tenha algo a ver com o longo esforço global para controlar a pandemia."

João Doria - Governo de São Paulo

26/07/2017 - João Dória vai a China conhecer drones para ampliar segurança eletrônica na capital paulista https://jc.ne10.uol.com.br/blogs/jamildo/2017/07/26/joao-doria-vai-china-conhecer-drones-para-ampliar-seguranca-eletronica-na-capital-paulista/

02/08/2019 - Governo de SP fará Missão China para ampliar cooperação e atrair investimentos https://www.saopaulo.sp.gov.br/spnoticias/governo-de-sao-paulo-detalha-objetivos-da-missao-china/

20/11/2019 - Doria se encontra com chineses das gigantes CREC e CRCC e oferece concessões de rodovia, metrô e ferrovia https://diariodotransporte.com.br/2019/11/20/doria-se-encontra-com-chineses-das-gigantes-crec-e-crcc-e-oferece-concessoes-de-rodovia-metro-e-ferrovia/

25/01/2020 - "Chineses serão agressivos" nas privatizações em SP até 2022, afirma Dória https://noticias.uol.com.br/colunas/jamil-chade/2020/01/25/entrevista-joao-doria-privatizacoes-sao-paulo-china.htm

O governador de São Paulo, João Doria, afirma que vai acelerar os programas de desestatização no estado em 2020 e acredita que concessões e vendas poderão permitir uma arrecadação de pelo menos R$ 40 bilhões. Nesse processo, o governador avalia que a China deve atuar de forma agressiva e que aprofundará sua posição de maior parceira comercial do estado, se distanciando de americanos e argentinos.

29/06/2020 - Doria estabelece multa para quem estiver sem máscara na rua em SP https://veja.abril.com.br/saude/doria-estabelece-multa-para-quem-estiver-sem-mascara-na-rua/

24/12/2020 - Doria é flagrado sem máscara e fazendo compras em Miami https://pleno.news/brasil/politica-nacional/doria-e-flagrado-sem-mascara-e-fazendo-compras-em-miami.html

"Foto do governador de São Paulo sem o item de proteção viralizou nas redes"

07/06/2021 - Doria é criticado na internet por tomar sol sem máscara em hotel no Rio https://vejasp.abril.com.br/cidades/doria-e-criticado-na-internet-por-tomar-sol-sem-mascara-em-hotel-no-rio/

30/09/2020 - Governo de SP assina contrato com Sinovac e prevê vacina para dezembro https://agenciabrasil.ebc.com.br/saude/noticia/2020-09/governo-de-sp-assina-contrato-com-sinovac-e-preve-vacina-para-dezembro

O governador de São Paulo, João Doria, e o vice-presidente da laboratório chinês Sinovac, Weining Meng, assinaram hoje (30), um contrato que prevê o fornecimento de 46 milhões de doses da vacina CoronaVac para o governo paulista até dezembro deste ano.

O contrato também prevê a transferência tecnológica da vacina da Sinovac para o Instituto Butantan, o que significa que, o instituto brasileiro poderá começar a fabricar doses dessa vacina contra o novo coronavírus. O valor do contrato, segundo o governador João Doria é de US$ 90 milhões.

20/10/2020 - Coronavac terá mais de 90% de eficácia, afirmam integrantes do governo paulista https://www.cnnbrasil.com.br/saude/2020/12/20/coronavac-tera-mais-de-90-de-eficacia-afirmam-integrantes-do-governo

24/10/2020 - Não esperamos 90% de eficácia da Coronavac’, diz secretário de saúde de SP https://www.cnnbrasil.com.br/saude/2020/12/24/nao-esperamos-90-de-eficacia-da-coronavac-diz-secretario-de-saude-de-sp

07/01/2021 - Vacina do Butantan: eficácia é de 78% em casos leves e 100% em graves https://www.cnnbrasil.com.br/saude/2021/01/07/vacina-do-butantan-eficacia-e-de-78-em-casos-leves-e-100-em-graves

09/01/2021 - Não é hora de sermos tão cientistas como estamos sendo agora https://g1.globo.com/sp/sao-paulo/video/nao-e-hora-de-sermos-tao-cientistas-como-estamos-sendo-agora-diz-secretario-de-saude-de-sp-9166405.ghtml

10/01/2021 - Dados da Coronavac relatados à Anvisa não estão claros, diz médico https://www.cnnbrasil.com.br/saude/2021/01/10/dados-da-coronavac-relatados-a-anvisa-nao-estao-claros-diz-medico

"O diretor do Laboratório de Imunologia do Incor, Jorge Kalil, reforçou que faltaram informações sobre a Coronavac nos dados divulgados à Anvisa"

12/01/2021 - New Brazil data shows disappointing 50,4% efficacy for China’s Coronavac vaccine [Novos dados do Brasil mostram eficácia decepcionante de 50,4% para a vacina CoronaVac da China] https://www.reuters.com/article/us-health-coronavirus-brazil-coronavirus/new-brazil-data-shows-disappointing-504-efficacy-for-chinas-coronavac-vaccine-idUSKBN29H2CE

13/01/2021 - Eficácia da Coronavac: 50,38%, 78% ou 100%? https://blogs.oglobo.globo.com/lauro-jardim/post/5038-78-ou-100.html

“De acordo com interlocutores que participaram tanto do anúncio de ontem como da semana passada, quem pressionou para que os dados de 78% e 100% fossem liberados foi João Dória.”

07/05/2021 - Covid-19: Doria toma primeira dose da vacina CoronaVac https://veja.abril.com.br/saude/covid-19-doria-toma-primeira-dose-da-vacina-coronavac/

04/06/2021 - Doria é vacinado com a segunda dose da CoronaVac em São Paulo https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/04/doria-e-vacinado-com-a-segunda-dose-da-coronavac-em-sao-paulo.htm

15/07/2021 - Doria testa positivo para a Covid-19 pela 2ª vez https://www.correiobraziliense.com.br/politica/2021/07/4937833-doria-testa-positivo-para-covid-19-pela-segunda-vez.html

"Governador de São Paulo já havia sido diagnosticado com a doença no ano passado. Ele diz que, apesar da infecção, se sente bem, o que atribui ao fato de ter sido vacinado com duas doses da Coronavac"

06/08/2021 - CPI recebe investigação contra Doria por compra de máscara sem licitação https://www.conexaopoder.com.br/nacional/cpi-recebe-investigacao-contra-doria-por-compra-de-mascara-sem-licitacao/150827

"Empresa teria usado o nome de Alexandre Frota para vender máscaras ao governo de SP. Doria nega informação"

Renan Filho

(filho do Renan Calheiros)

25/07/2019 - Governador Renan Filho vai à China em busca de investimentos para o estado https://www.tnh1.com.br/videos/vid/governador-renan-filho-vai-a-china-em-busca-de-investimentos-para-o-estado/

20/03/2020 - Governadores do NE consultam China e pedem material para tratar covid-19 https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/03/20/governadores-do-ne-consultam-china-e-pedem-material-para-tratar-covid-19.htm

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5. Narrativas, restrições e proibições

17/12/2020 - STF decide que vacina contra a covid pode ser obrigatória, mas não forçada https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/12/17/stf-julga-vacinacao-obrigatoria.htm?cmpid=copiaecola

"O STF (Supremo Tribunal Federal) decidiu, em julgamento hoje, que o Estado pode determinar a obrigatoriedade da vacinação contra a covid-19. Porém fica proibido o uso da força para exigir a vacinação, ainda que possam ser aplicadas restrições a direitos de quem recusar a imunização.

Dez ministros foram favoráveis a obrigatoriedade da vacinação, que poderá ser determinada pelo governo federal, estados ou municípios. As penalidades a quem não cumprir a obrigação deverão ser definidas em lei."

27/07/2021 - Saiba que países estão adotando 'passaporte da vacina' para suspender restrições https://www.cnnbrasil.com.br/internacional/2021/07/27/saiba-que-paises-estao-adotando-passaporte-da-vacina-para-suspender-restricoes

" - Israel - Uniao Europeia - Áustria - Dinamarca - Eslovênia - França - Grécia - Irlanda - Itália - Letônia - Lituânia - Luxemburgo - Holanda - Portugal - Japão - Coreia do sul"

18/06/2021 - O que é o passaporte da vacina que Bolsonaro quer vetar? https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/18/uol-explica-o-que-e-o-passaporte-da-vacina-que-opoe-bolsonaro-e-damares.htm

"O Brasil poderá ter um certificado de imunização futuramente. Aprovado no Senado na semana passada, o "passaporte da vacina", como é chamado, prevê identificar pessoas vacinadas para que entrem em locais públicos ou privados com possíveis restrições."

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6. Vacinas

Alegações iniciais

• CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

" - CoronaVac (Butantan/Sinovac - Chinesa) Com virus inativo 50,38% de eficácia 2 doses

• Covishield - 'AstraZeneca' (Fiocruz/Astrazenica/Oxford - Britânica) Com virus não replicante 67% de eficácia 2 doses

• ComiRNAty - 'Pfizer' (Pfizer - Americana / BioNTech - Alemã) Com RNA mensageiro 96% de eficácia 2 doses"

Riscos diretos

15/06/2021 - Trombose após vacinação com AstraZeneca: Quais os sintomas e como se deve atuar? https://www.istoedinheiro.com.br/trombose-apos-vacinacao-com-astrazeneca-quais-os-sintomas-e-como-se-deve-atuar/

"Agências europeias estão reticentes com a vacina da AstraZeneca. Ela chegou a ser desaconselhada a pessoas com idade inferior a 60 anos, e um alto funcionário da Agência Europeia de Medicamentos declarou que era melhor deixar de administrar a vacina deste laboratório em qualquer idade quando há alternativas disponíveis, devido aos relatos de trombose após a primeira dose, apesar de raros."

11/05/2021 - CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

"Na terça-feira (12), o Ministério da Saúde determinou a suspensão da aplicação da vacina de Oxford/AstraZeneca para gestantes e puérperas com comorbidades. A decisão segue recomendação da Anvisa, que apura a morte de uma grávida de 35 anos que tomou o imunizante e teve um AVC (acidente vascular cerebral)."

30/07/2021 - Pfizer representa o mesmo risco de trombose que a Astrazeneca, aponta levantamento https://panoramafarmaceutico.com.br/pfizer-representa-o-mesmo-risco-de-trombose-que-a-astrazeneca-aponta-levantamento/

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7. CRIMES

Crimes da Pfizer

18/11/2020 Não listado no google - Os Crimes documentados da produtora de vacinas de Covid - Pfizer [INGLÊS] https://www.dmlawfirm.com/crimes-of-covid-vaccine-maker-pfizer-well-documented/

"A velocidade com que a vacina Covid da Pfizer foi produzida, a ausência de estudos em animais, testes de controle randomizados e outros testes e procedimentos padrão usuais para um novo medicamento são, no mínimo, preocupantes. Além disso, todos os fabricantes de vacinas Covid receberam imunidade legal para quaisquer ferimentos ou mortes que possam causar. Se essas vacinas são tão seguras quanto promovidas, por que seus fabricantes precisam de imunidade geral?"

"A Pfizer, uma empresa farmacêutica que parece ter ganhado na loteria para produzir a primeira vacina Covid-19, está atualmente lutando contra centenas de ações judiciais sobre o Zantac, um popular medicamento contra azia. Os processos da Zantac afirmam que a droga popular pode estar contaminada com uma substância cancerígena chamada N-nitrosodimetilamina (NDMA). Os processos Zantac são em aberto e em andamento, já que a farmacêutica está lutando contra eles; mas a Pfizer, sabemos, cometeu vários crimes ou transgressões pelos quais foi punida nos últimos anos. As falhas da empresa estão bem documentadas e vale a pena revisá-las neste momento crítico da história da humanidade, enquanto todos nós buscamos respostas."

A Pfizer recebeu a maior multa da história dos Estados Unidos como parte de um acordo judicial de US $ 2,3 bilhões com promotores federais por promover medicamentos erroneamente (Bextra, Celebrex) e pagar propinas a médicos complacentes. A Pfizer se confessou culpada de falsificar a marca do analgésico Bextra, promovendo o medicamento para usos para os quais não foi aprovado.

Na década de 1990, a Pfizer estava envolvida em válvulas cardíacas defeituosas que causaram a morte de mais de 100 pessoas. A Pfizer enganou deliberadamente os reguladores sobre os perigos. A empresa concordou em pagar US $ 10,75 milhões para acertar as acusações do departamento de justiça por enganar reguladores.

A Pfizer pagou mais de US $ 60 milhões para resolver um processo sobre o Rezulin, um medicamento para diabetes que causou a morte de pacientes de insuficiência hepática aguda.

No Reino Unido, a Pfizer foi multada em quase € 90 milhões por sobrecarregar o NHS, o Serviço Nacional de Saúde. A Pfizer cobrou do contribuinte um adicional de € 48 milhões por ano, pelo que deveria custar € 2 milhões por ano.

A Pfizer concordou em pagar US $ 430 milhões em 2004 para resolver acusações criminais de que havia subornado médicos para prescrever seu medicamento para epilepsia Neurontin para indicações para as quais não foi aprovado. Em 2011, um júri concluiu que a Pfizer cometeu fraude em sua comercialização do medicamento Neurontin. A Pfizer concordou em pagar $ 142,1 milhões para liquidar as despesas.

A Pfizer revelou que pagou quase 4.500 médicos e outros profissionais médicos cerca de US $ 20 milhões por falar em nome da Pfizer.

Em 2012, a Comissão de Valores Mobiliários dos Estados Unidos - anunciou que havia chegado a um acordo de US $ 45 milhões com a Pfizer para resolver acusações de que suas subsidiárias haviam subornado médicos e outros profissionais de saúde no exterior para aumentar as vendas no exterior.

A Pfizer foi processada em um tribunal federal dos Estados Unidos por usar crianças nigerianas como cobaias humanas, sem o consentimento dos pais das crianças. A Pfizer pagou US $ 75 milhões para entrar em acordo no tribunal nigeriano pelo uso de um antibiótico experimental, o Trovan, nas crianças. A empresa pagou um valor adicional não divulgado nos Estados Unidos para liquidar as despesas aqui. A Pfizer violou o direito internacional, incluindo a Convenção de Nuremberg estabelecida após a Segunda Guerra Mundial, devido aos experimentos nazistas em prisioneiros relutantes.

Em meio a críticas generalizadas de roubar os países pobres em busca de drogas, a Pfizer prometeu dar US $ 50 milhões para um medicamento para a AIDS para a África do Sul. Mais tarde, no entanto, a Pfizer falhou em honrar essa promessa.

• Pfizer contract leaked! [Contrato da Pfizer vazado] http://sanjeev.sabhlokcity.com/Misc/LEXO-KONTRATEN-E-PLOTE.pdf

Segundo o contrato "o produto não deve ser serializado":

"5.5 Reconhecimento do comprador.

O Comprador reconhece que a Vacina e os materiais relacionados à Vacina, e seus componentes e materiais constituintes estão sendo desenvolvidos rapidamente devido às circunstâncias de emergência da pandemia de COVID-19 e continuarão a ser estudados após o fornecimento da Vacina ao Comprador nos termos deste Contrato. O Comprador reconhece ainda que os efeitos de longo prazo e eficácia da Vacina não são atualmente conhecidos e que pode haver efeitos adversos da Vacina que não são atualmente conhecidos. Além disso, na medida do aplicável, o Comprador reconhece que o Produto não deve ser serializado."

Crimes da AstraZeneca

21/06/2003 - AstraZeneca se declara culpada no esquema de médico de câncer https://www.nytimes.com/2003/06/21/business/astrazeneca-pleads-guilty-in-cancer-medicine-scheme.html

"A AstraZeneca, a grande empresa farmacêutica, se declarou culpada hoje de uma acusação de crime de fraude no sistema de saúde e concordou em pagar $ 355 milhões para resolver as acusações criminais e civis de que se envolveu em um esquema nacional para comercializar ilegalmente um medicamento contra o câncer de próstata.

O governo disse que os funcionários da empresa deram incentivos financeiros ilegais a cerca de 400 médicos em todo o país para persuadi-los a prescrever o medicamento Zoladex. Esses incentivos incluíram milhares de amostras grátis de Zoladex [...]"

27/04/2010 - Farmacêutica gigante AstraZeneca pagará US $ 520 milhões pelo marketing de medicamentos off-label https://www.justice.gov/opa/pr/pharmaceutical-giant-astrazeneca-pay-520-million-label-drug-marketing

"AstraZeneca LP e AstraZeneca Pharmaceuticals LP vão pagar $ 520 milhões para resolver as alegações de que a AstraZeneca comercializou ilegalmente o medicamento antipsicótico Seroquel para usos não aprovados como seguros e eficazes pela Food and Drug Administration (FDA), os Departamentos de Justiça e Saúde e Serviços Humanos A Equipe de Ação de Fiscalização de Fraudes em Saúde (HEAT) anunciou hoje. Esses usos não aprovados também são conhecidos como usos "off-label" porque não estão incluídos no rótulo do medicamento aprovado pela FDA."

• List of largest pharmaceutical settlements [Lista dos maiores acordos farmaceuticos] https://en.m.wikipedia.org/wiki/List_of_largest_pharmaceutical_settlements

---

8. CIENTISTAS

• Máscara Provoca Insuficiência Respiratória E Contaminação Microbiana… [Canal deletado] https://youtube.com/watch?v=eHu-pydSvDI

Não lembro mais a quem pertencia, mas provavelmente era de um médico falando do assunto. Creio ter sido do Dr. Paulo Sato, por essa temática ter sido abordada por ele, mas ao abrir o site aparece somente:

"Este vídeo foi removido por violar as diretrizes da comunidade do YouTube"

Dr. Paulo Sato

• USAR ou NÃO USAR a CUECA do seu governador no rosto https://fb.watch/7NPP_7rS5S/ https://www.facebook.com/AdoniasSoaresBR/videos/1347904292291481/ Adonias Soares entrevista ao Dr. Paulo Sato sobre as máscaras, em que é simulado o efeito da respiração prolongada das máscaras no organismo com o uso de águas de torneira, natural, gaseificada (com gás carbônico) e antioxidante, em que a com gás carbônico (PH 4 - Ácido) representa o organismo humano, e na prática representa lesão corporal e iniciação de doenças.

Dr. Kary Mullis

(Criador do teste PCR)

• PCR nas palavras do seu inventor - Dr. Kary Mullis (legendado) https://www.youtube.com/watch?v=W1O52uTygk8

"Qualquer um pode testar positivo para quase qualquer coisa com um teste de PCR, se você executá-lo por tempo suficiente… Com PCR, se voce fizer isso bem, você pode encontrar quase tudo em qualquer pessoa… Isso não te diz que você está doente."

• Kary Mullis DESTRUYE a Anthony Fauci lbry://@CapitalistChile#0/Kary-Mullis---Fauci#5

"Ele [...] não entende de medicina e não deveria estar onde está. A maioria dos que estão acima são só administrativos e não têm nem ideia do que ocorre aqui em baixo e essas pessoas tem uma agenda que não é a que gostaríamos que tivessem, dado que somos nós os que pagamos a eles para que cuidem da nossa saúde. Têm uma agenda pessoal."

Dra. Li-Meng Yan

• Dra. Li-Meng Yan: O vírus foi criado em laboratório com um objetivo: Causar dano. https://youtu.be/pSXp3CZnvOc

Dr. Joe Roseman

• Cientista Phd Dr Joe Roseman faz seríssimas advertencias sobre a picada https://youtu.be/0PIXVFqJ_h8

Dr. Robert Malone

• As vacinas podem estar causando ADE - Dr. Robert Malone https://odysee.com/@AkashaComunidad:f/Las_vacunas_pueden_estar_causando_ADE_magnificaci%C3%B3n_mediada_por:f lbry://@Información.#b/Drrm#9

Dr. Robert Malone, um dos três inventores da tecnologia de RNAm que se usa de forma farmacêutica. No vídeo fala sobre os efeitos de ADE (realce dependente de anticorpos) que estão ocorrendo com as vacinas. Nas palavras do Dr. Malone, já não é somente uma hipótese, mas baseada nos conhecimentos gerados nas provas e ensaios pré clínicos, com as vacinas contra o primeiro vírus da SARS.

Dr. Luc Montagnier

• Dr. Luc Montagnier, virologista, prêmio Nobel de medicina, um dos descobridores do vírus HIV, afirma: "a vacinação em massa está criando as novas variantes' (@medicospelavida , telegram)

CASOS DOCUMENTADOS

13/09/2021 - 13 de setembro de 2021 - Carta aberta ao Ministro da Saúde por Arlene Ferrari Graf, mãe de Bruno Oscar Graf https://telegra.ph/Carta-aberta-ao-Ministro-da-Sa%C3%BAde-09-13

Também em: Gazeta do Povo

O texto de uma mãe discorrendo sobre o filho dela, Bruno Oscar Graf, ter ANTI-HEPARINA PF4 AUTO-IMUNE e ter vindo a falecer por reação à vacina.

11/05/2021 - Rio notifica morte de grávida vacinada com imunizante Oxford https://www.terra.com.br/noticias/coronavirus/rio-notifica-morte-de-gravida-vacinada-com-imunizante-oxford,415b9b0c49169427ac2f90ae3765c057e9suy3qn.html

"Vítima não apresentava histórico de doença circulatória nem sofria de nenhuma doença viral; relação será investigada"

13/08/2021 - Cruzeiro com 4.336 pessoas tem 27 contaminados com Covid-19 em Belize https://paranaportal.uol.com.br/geral/cruzeiro-com-4-336-pessoas-tem-27-contaminados-com-covid-19-em-belize/amp/

"Segundo um comunicado do Conselho de Turismo de Belize emitido na quarta-feira (11), 26 contaminados são da tripulação e um é passageiro. A maioria é assintomática e os 27 estão vacinados."

---

9. ALEGAÇÕES DIRETAS

09/2021 - Setembro de 2021 - BOMBA: Ex-membro do Partido Comunista da China revela que o primeiro surto da Covid foi “intencional” https://terrabrasilnoticias.com/2021/09/bomba-ex-membro-do-partido-comunista-da-china-revela-que-o-primeiro-surto-da-covid-foi-intencional/

01/03/2023 - 1 de Março de 2023 - O chefe do FBI, Christopher Wray, diz que vazamento de laboratório na China é muito provável https://www.bbc.com/news/world-us-canada-64806903

26/12/2024 - 26 de Dezembro 2024 - FBI ‘não tem permissão para informar Biden’ sobre a teoria de vazamento de laboratório da Covid https://www.thetimes.com/world/us-world/article/fbi-not-allowed-to-brief-biden-on-covid-lab-leak-theory-8df9mr997

O FBI concluiu com "confiança moderada" que a COVID-19 pode ter sido criada em laboratório, com base em parte na análise genômica conduzida por cientistas do Centro Nacional de Inteligência Médica.

@ 75869cfa:76819987

GM, Nostriches!

The Nostr Review is a biweekly newsletter focused on protocol updates, exciting programs, the long-form content ecosystem, and key events happening in the Nostr-verse. If you’re interested, join me in covering updates from the Nostr ecosystem!

Quick review:

In the past two weeks, Nostr activity has grown rapidly. Daily trusted pubkey events reached around 500,000. Pubkey writing events and bios-enabled profiles increased 5x and 9x respectively. Over 11 million events were published, up 123%, while Zap activity rose 58% to 19 million.

Additionally, 12 pull requests were submitted to the Nostr protocol, with 3 merged. A total of 65 Nostr projects were tracked, with 13 releasing product updates, and over 240 long-form articles were published, 38% focusing on Bitcoin and Nostr. During this period, 4 notable events took place, and 2 significant events are upcoming.

Nostr Statistics

Based on user activity, the total daily events from trusted pubkeys reached approximately 494,736 — a significant 93% increase compared to the previous period. Daily activity peaked at 20,850 events.

The number of new users has increased significantly. Pubkey writing events reached 505,587, and profiles with bios totaled 409,922 — 5 times and 9 times higher than the previous period, respectively.

A total of approximately 11 million note events were published, marking a 123% increase. Posts remain the dominant content type, with volume up by 110% from the previous period. Both reposts and reactions also saw significant growth, increasing by 102% and 108% respectively.

For zap activity, the total zap amount is about 19 million, showing an increase of over 58% compared to the previous period.

Data source: https://stats.nostr.band/

NIPs

NIP-101h: Health and Fitness Metrics #1937

nostr:npub1xr8tvnnnr9aqt9vv30vj4vreeq2mk38mlwe7khvhvmzjqlcghh6sr85uum is proposing PR that provides a structured approach for publishing, consuming, and managing health and fitness data on Nostr. It reserves specific event kinds for health metrics and defines common patterns for encryption, tagging, and data export.

NIP-90 version 2.0 #1941

nostr:npub1mgvwnpsqgrem7jfcwm7pdvdfz2h95mm04r23t8pau2uzxwsdnpgs0gpdjc is proposing a DVM spec. The major changes are: moving from kinds 5000-7000 to ephemeral kinds 20000-29999;moving from NIP-89 to a new announcement scheme that includes support for providers who run multiple DVMs;the response kind can be set by a DVM to be anything, although we give a strong recommendation that this should be an ephemeral event equal to 1 + request kind (instead of the previous 1000+request kind);we added guidance sections for DVM developers, Client developers, and Relay operators;we added an introduction that compares DVMs to APIs, and providers broader context about DVMs in general;concrete examples of all types of events;added a FAQ.

Add encryption support to NIPs 92 and 94 #1947 staab is proposing to add file encryption support to standard imeta tags and kind-1063 events. Use cases he envisions include: attaching encrypted files to NIP-17 DMs (instead of sending a separate file event), and attaching encrypted files to events sent to access-controlled communities (e.g., closed NIP-29 groups).

Add LLM stuff nip: Define prompt diffs for LLM modifications #1950

nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft is proposing a new NIP that defines a schema for prompt diffs, the idea is that people will be able to continuously customize software by applying a set of patches.

Notable Projects

Primal V2.2.57 nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg

They released an update to the Primal iOS app. Build 2.2.57 includes the following fixes: * Fix: crash when uploading large files * Fix: article nostr user and note mentions * Fix: zapping from the bottom of the article * Fix: 3rd level embedded notes in the feed * Fix: thread view flicker

0xchat nostr:npub1tm99pgz2lth724jeld6gzz6zv48zy6xp4n9xu5uqrwvx9km54qaqkkxn72

• Support for creating MLS private groups (Beta), including adding/removing members and leaving groups
• Fixed an issue where setting NIP-29 group types to "closed" or "private" failed
• Fixed an issue where ecash could not be signed and claimed when logged in via Amber
• Fixed a bug where relay addresses were not properly filtered, causing duplicates
• Fixed a rare issue where user key packages could not be retrieved

YakiHonne nostr:npub1yzvxlwp7wawed5vgefwfmugvumtp8c8t0etk3g8sky4n0ndvyxesnxrf8q

YakiHonne Major Upgrade Alert! Improve your Nostr experience with our latest update: * Advanced Content Control: Multi-source feeds from Nostr networks, global feeds, DVMs, and custom algorithmic relays with advanced filtering by time, keywords, and favorite users. * Fast Account Switching: Seamlessly switch between connected accounts for posting notes, comments, and articles without ending your session. * Smarter Timeline: Grouped reposts keep your feed focused while smart widget organization makes browsing more intuitive. * Unified Experience: Same features on web & mobile, plus experimental push notifications for mobile users.

Zap.stream v1.1.3 nostr:npub1eaz6dwsnvwkha5sn5puwwyxjgy26uusundrm684lg3vw4ma5c2jsqarcgz

• Portrait video view styles
• Add gradient to background of vertical video chat for better readability
• Fixed going back from "Go Live" page blocks gestures
• Fixed short url handler for deep links
• Fixed zap comments missing in some cases
• Fixed format variant display in stream config
• Fixed stop stream when app closed

Nostur v1.21 nostr:npub1n0stur7q092gyverzc2wfc00e8egkrdnnqq3alhv7p072u89m5es5mk6h0

New in this version: * Live chat: open contact info when tapping name/pfp * Auto minimize or hide live stream / nest when navigating somewhere * Added blocked spam stats * Fixed uploading blossom and nip96 media with remote signer / bunker accounts * Fixed tap to go to detail goes to hashtag search * Removed imgur upload option

Alby nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm

The easiest-to-use lightning wallet just got even better. * Smarter payments with information about recipient, payer and zaps * Flexible wallet switching when connecting Alby Hub to other apps * Performance improvements and fixes in Send screen

RUNSTR v0.4.5 nostr:npub1vygzr642y6f8gxcjx6auaf2vd25lyzarpjkwx9kr4y752zy6058s8jvy4e

• Smarter Activity Tracking：Step counting for walking, speed metrics for cycling, and activity-specific data sharing.
• Full NIP101h Support：Now tracks steps, elevation, pace, and split times with full NIP101h integration.
• Flexible Data Sharing：Send data to public or private relays, with enhanced privacy controls.
• Upgraded Rewards System：Earn sats for saving NIP101h/NIP101e events, with extra bonuses for using private relays and anonymous zaps.
• Improved Stability：Bug fixes and more reliable offline performance.

futr nostr nostr:npub18wxf0t5jsmcpy57ylzx595twskx8eyj382lj7wp9rtlhzdg5hnnqvt4xra

• Rich Media Support ：Images and videos now display directly in posts. Full video player with controls and fullscreen mode. Download any image/video with one click. Dedicated image viewer.
• Enhanced Social Features： Nested comment threads with visual hierarchy. Quote reposts with your commentary. Referenced posts show inline. Message anyone without following first.
• Better User Experience： Smooth scrolling everywhere. Collapsible sidebar for more space. Smart auto-scroll to new content. Improved chat interface.
• Profile Integration： npub addresses show as names and pictures. Clickable profile links. User avatars displayed consistently. Smart profile rendering.
• Cross-Platform： Full Windows 10 support with native installer. Better performance and reduced memory usage. Improved connection reliability. Visual network status indicators.
• Under the Hood： Faster loading and optimized performance. Better error handling and recovery. Publish status tracking Smarter relay management.

ZEUS v0.11.0-beta3 nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5

ZEUS v0.11.0-alpha4 with Cashu support is now available for testing. * Experimental Cashu ecash wallet * Swaps: LN -> on-chain, and vice versa * ZEUS Pay: Cashu and NWC lightning addresses (for remote nodes) * Import and export wallet configs * UTXO labeling * Activity: filter for keysends * CLN: support for generating Taproot addresses * CLN: view closed channels * fix: issue with setting channel fee rates * fix: edge case for triggering swaps refund when invoice cannot be paid

KYCNOT.me nostr:npub188x98j0r7l2fszeph6j7hj99h8xl07n989pskk5zd69d2fcksetq5mgcqf

• UI/UX - designe a new logo and color palette for kycnot.me.
• Point system - The new point system provides more detailed information about the listings, and can be expanded to cover additional features across all services.
• ToS Scrapper: implement a powerful automated terms-of-service scrapper that collects all the ToS pages from the listings. It saves you from the hassle of reading the ToS by listing the lines that are suspiciously related to KYC/AML practices.
• Search bar - The new search bar allows you to easily filter services. It performs a full-text search on the Title, Description, Category, and Tags of all the services. Looking for VPN services? Just search for "vpn"!
• Transparency - To be more transparent, all discussions about services now take place publicly on GitLab. This ensures that all service-related matters are publicly accessible and recorded. Additionally, there's a real-time audits page that displays database changes.
• Listing Requests - upgrade the request system. The new form allows you to directly request services or points without any extra steps.
• Lightweight and fast - The new site is lighter and faster than its predecessor!
• Tor and I2P - At last! kycnot.me is now officially on Tor and I2P!

Sparrow nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2

Sparrow v2.2.1 released with: * Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions. * Repackaged .deb installs to use older gzip instead of zstd compression. * Removed display of median fee rate where fee rates source is set to Server. * Added icons for external sources in Settings and Recent Blocks view * Bug fix: Fixed issue in Recent Blocks view when switching fee rates source * Bug fix: Fixed NPE on null fee returned from server

shosho nostr:npub1sh0spghk4yvy2d2v35kelw45qq4msk6zykaw4ds047e9slzs8r4qr7q2xa

Version 0.2.3 is released to GitHub and Obtainium. * Stay awake on broadcast screen * Privacy Policy in releases repo * Improved broadcast UI, colour scheme and onsistent fonts across devices

zapwall nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac

• Added client-side content encryption (download URLs are now harder to decrypt); no server-side encryption as this is a serverless, Nostr-based system
• Custom relay support: publish to specific or all relays
• Added relay subscriptions to fetch events from other relays
• Implemented dark mode
• Added NSFW toggle – content lives at /nsfw, not linked from home
• Each zapwall now has a direct linkable view
• Added kind1 comments to zapwalls
• UI/UX improvements across the board
• Support for multi-image posts
• Added "Open in Wallet" support
• Enabled editing and deletion for zapwalls
• Secured domain: zapwall.store (not active yet)

Long-Form Content Eco

In the past two weeks, more than 242 long-form articles have been published, including over 65 articles on Bitcoin and more than 27 related to Nostr, accounting for 38% of the total content.

These articles about Nostr mainly explore its unique position as a decentralized, censorship-resistant protocol compared to traditional platforms. They highlight key features like zaps, interoperability (e.g., NIP-101h for health data), and the cultural values of neutrality and permission lessness. Several pieces dive into the practical development of Nostr apps, client tools, and emerging standards like NIP-01 and NIP-02. Others reflect on the social, educational, and even unexpected cultural implications of building on Nostr.

The Bitcoin articles discuss a wide range of topics including the fundamentals of Bitcoin as sound money, its role in resisting centralized control, and its evolving place in the global financial system. Many reflect on Bitcoin’s early-stage adoption, security considerations (like quantum threats and custody practices), and cultural developments around major events such as Bitcoin 2025. Others explore its economic impact—from challenging the Cantillon Effect to enabling sovereign individualism—and compare Bitcoin to other digital assets and CBDCs. Technical guides, market trends, and political reflections highlight both the promise and challenges ahead for Bitcoin adoption.
Thank you,
nostr:npub1gwa27rpgum8mr9d30msg8cv7kwj2lhav2nvmdwh3wqnsa5vnudxqlta2sz, nostr:npub1vygzr642y6f8gxcjx6auaf2vd25lyzarpjkwx9kr4y752zy6058s8jvy4e, nostr:npub1m7szwpud3jh2k3cqe73v0fd769uzsj6rzmddh4dw67y92sw22r3sk5m3ys, nostr:npub1k8wmf46sh5dedq4pfk53z4ulnv4x5e77f4t2gmxp4dmg73cjgnnsxhuced, nostr:npub13wke9s6njrmugzpg6mqtvy2d49g4d6t390ng76dhxxgs9jn3f2jsmq82pk, nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn, nostr:npub1hz5alqscpp8yjrvgsdp2n4ygkl8slvstrgvmjca7e45w6644ew7sewtysa, nostr:npub1manlnflyzyjhgh970t8mmngrdytcp3jrmaa66u846ggg7t20cgqqvyn9tn, nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s, nostr:npub1etsrcjz24fqewg4zmjze7t5q8c6rcwde5zdtdt4v3t3dz2navecscjjz94, nostr:npub1atrrqav7xyur93xszyaeuyyzy70mpmax488grndfaz3kddyc3dyquawyga, nostr:npub10akm29ejpdns52ca082skmc3hr75wmv3ajv4987c9lgyrfynrmdqduqwlx, nostr:npub1syk07kh6tkwrksyzhqk8qdjul5kj08p842gjxyacljlavhzq4m4slmdu3p, nostr:npub1jrr9dlerex7tg8njvc88c60asxnf5dp8hgcerh0q8w3gdyurl48q6s5nwv, nostr:npub1t6jxfqz9hv0lygn9thwndekuahwyxkgvycyscjrtauuw73gd5k7sqvksrw, nostr:npub1qe3e5wrvnsgpggtkytxteaqfprz0rgxr8c3l34kk3a9t7e2l3acslezefe, nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy, and others, for your work. Enriching Nostr’s long-form content ecosystem is crucial.

Nostriches Global Meet Ups

Recently, several Nostr events have been hosted in different countries. * Recently, YakiHonne collaborated with the Bitcoin Unical community to successfully host a Nostr Workshop, attracting about 30 enthusiastic participants. The events not only provided a comprehensive introduction to the Nostr ecosystem and Bitcoin payments but also offered hands-on experiences with decentralized technologies through the YakiHonne platform.
YakiHonne Global Pizza Fest – Ho Chi Minh City Edition was held on May 30, 2025, from 11:30 AM to 1:00 PM at Pizza 4P’s in Thủ Thiêm, Vietnam.Co-hosted by BUIDL Station VN and Dora Factory, the event was part of the global Bitcoin Pizza Day celebration initiated by YakiHonne. Attendees enjoyed pizza, Bitcoin discussions, and community connection, celebrating the decentralized spirit with local builders and enthusiasts. * The Bitcoin 2025 Conference* took place from May 26–29 at the Venetian Expo in Las Vegas, where the Nostr community hosted a series of vibrant events centered around the Nostr Lounge. Supported by the Human Rights Foundation, the Lounge became a hub for demos, lightning talks, onboarding, and meaningful conversations—away from the main hall’s noise. Nostr also delivered two main stage talks,

nostr:npub1s9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qpklxzl, nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a, nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424, nostr:npub1zga04e73s7ard4kaektaha9vckdwll3y8auztyhl3uj764ua7vrqc7ppvc, nostr:npub1spdnfacgsd7lk0nlqkq443tkq4jx9z6c6ksvaquuewmw7d3qltpslcq6j7, nostr:npub1yaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgs3tvjmf, nostr:npub1a6c3jcdj23ptzcuflek8a04f4hc2cdkat95pd6n3r8jjrwyzrw0q43lfrr, focusing on multisig key management and the future of decentralized social media, showcasing open-source momentum in the heart of fiat land. * Africa Bitcoin Day – Kenya was held on May 31st, 2025 (Saturday), from 2:00 PM to 6:00 PM at Nairobi Street Kitchen.Co-hosted by AfroBitcoinOrg and local communities, the event returned following the great success of last year. It brought together developers, tech entrepreneurs, policymakers, and grassroots organizers to build, connect, and learn around Bitcoin and open technologies.

Here is the upcoming Nostr event that you might want to check out.

• BTC Prague 2025 is the largest and most influential Bitcoin-only conference in Europe. It will take place from June 19 to 21, 2025, at PVA Expo Praha in Prague, Czech Republic. The event is expected to attract over 10,000 attendees from around the world, including entrepreneurs, developers, investors, and educators. The conference will feature more than 200 speakers from various sectors of the global Bitcoin ecosystem,

nostr:npub14gm6rq7rkw56cd08aa4k5tvjnepqnxm4xvc535wj0wyjxlgrfa8sqdgv87 nostr:npub1dg6es53r3hys9tk3n7aldgz4lx4ly8qu4zg468zwyl6smuhjjrvsnhsguz nostr:npub1ymgefd46k55yfwph8tdlxur573puastaqdmxff4vj20xj0uh3p2s06k8d5 nostr:npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y nostr:npub1dtgg8yk3h23ldlm6jsy79tz723p4sun9mz62tqwxqe7c363szkzqm8up6m nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr and more. In addition to the main program, several side events will be held, such as Developer Hack Days, Cypherpunk gatherings, and Women in Bitcoin initiatives. * BitDevs: Nostr Wallet Connect Presentation will take place on Wednesday, June 18, 2025, at the Pittsburgh Technology Council, with an option for online participation. Organized by BitDevs Pittsburgh, the event features nostr:npub1ce7d8cdg8k49dnl3da34mvhah8kevxfsq2vdguq6trngapqfsdzsnv3d7m from Presidio Bitcoin, who will present his latest work on integrating Nostr Wallet Connect.

Thanks for reading! If there’s anything I missed, feel free to reach out and help improve the completeness and accuracy of my coverage.

@ 37666b60:3698ff14

Hello

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin

Meanwhile Insurance Bitcoin (Bermuda) Limited (“Meanwhile”) announced it has become the first company in the world to release externally audited financial statements denominated entirely in Bitcoin. According to the announcement, the company reported 220.4 BTC in assets and 25.29 BTC in net income for 2024, a 300% year over year increase.

Today marks a global first & historic event for us, along with the public release of our 2024 audited financial statements, covering our 1st year of sales.

As the 1st company in the world to have Bitcoin-denominated financial statements externally audited, we are excited to…

— meanwhile | Bitcoin Life Insurance (@meanwhilelife) June 5, 2025

“We’ve just made history as the first company in the world to have Bitcoin-denominated financial statements externally audited,” said Zac Townsend, CEO of Meanwhile. “This is an important, foundational step in reimagining the financial system based on a single, global, decentralized standard outside the control of any one government.” 

The financial statements were audited by Harris & Trotter LLP and its digital asset division ht.digital. Meanwhile’s financials also comply with Bermuda’s Insurance Act 1978, noting that their BTC denominated financials were approved and comply with official guidelines. The firm, fully licensed by the Bermuda Monetary Authority (BMA), operates entirely in BTC and is prohibited from liquidating Bitcoin assets except through policyholder claims, positioning it as a long term holder. 

“As the first regulated Bitcoin life insurance company, we view the BTC held by Meanwhile as inherently long-term in nature—primarily held to support the Company’s insurance liabilities over decades,” Townsend added. “This makes it significantly ‘stickier’ and resistant to market pressures compared to the BTC held by other companies as part of their treasury management strategies.” 

Meanwhile’s 2024 financials also revealed 23.02 BTC in net premiums and 4.35 BTC in investment income, showing that its model not only preserves Bitcoin, but earns it. The company’s reserves (also held in BTC) were reviewed and approved by Willis Towers Watson (WTW). 

Meanwhile also offers a Bitcoin Whole Life insurance product that allows policyholders to save, borrow, and build legacy wealth—entirely in BTC, and has plans to expand globally in 2025.

“We are incredibly proud of today’s news as it underscores how Meanwhile is at the forefront of the next phase of the convergence between Bitcoin and institutional financial markets,” said Tia Beckmann, CFO of Meanwhile. “Now having generated net income in BTC, we have demonstrated that we are earning it through a sustainable insurance business model designed for the long term.” 

This post Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 3bf0c63f:aefa459d

Problemas com Russell Kirk

A idéia central da “política da prudência[^1]” de Russell Kirk me parece muito correta, embora tenha sido melhor formulada pior no seu enorme livro do que em uma pequena frase do joanadarquista Lucas Souza: “o conservadorismo é importante, porque tem muita gente com idéia errada por aí, e nós podemos não saber distingüi-las”.

Porém, há alguns problemas que precisam ser esclarecidos, ou melhor explicados, e que me impedem de enxergar os seus argumentos como refutação final do meu já tão humilde (embora feroz) anarquismo. São eles:

I Percebo alguma coisa errada, não sei bem onde, entre a afirmação de que toda ideologia é ruim, ou “todas as ideologias causam confusão[^2]”, e a proposta conservadora de “conservar o mundo da ordem que herdamos, ainda que em estado imperfeito, de nossos ancestrais[^3]”. Ora, sem precisar cair em exemplos como o do partido conservador inglês -- que conservava a política inglesa sempre onde estava, e se alternava no governo com o partido trabalhista, que a levava cada vez mais um pouco à esquerda --, está embutida nessa frase, talvez, a idéia, que ao mesmo tempo é clara e ferrenhamente combatida pelos próprios conservadores, de que a história é da humanidade é uma história de progresso linear rumo a uma situação melhor.

Querer conservar o mundo da ordem que herdamos significa conservar também os vários erros que podem ter sido cometidos pelos nossos ancestrais mais recentes, e conservá-los mesmo assim, acusando toda e qualquer tentativa de propôr soluções a esses erros de ideologia? Ou será que conservar o mundo da ordem é escolher um período determinado que seja tido como o auge da história humana e tentar restaurá-lo em nosso próprio tempo? Não seria isto ideologia?

Ou, ainda, será que conservar o mundo da ordem é selecionar, entre vários períodos do passado, alguns pedaços que o conservador considerar ótimos em cada sociedade, fazer dali uma mistura de sociedade ideal baseada no passado e então tentar implementá-la? Quem saberia dizer quais são as partes certas?

II Sobre a questão do que mantém a sociedade civil coesa, Russell Kirk, opondo-a à posição libertária de que o nexo da sociedade é o autointeresse, declara que a posição conservadora é a de que “a sociedade é uma comunidade de almas, que une os mortos, os vivos e os ainda não nascidos, e que se harmoniza por aquilo que Aristóteles chamou de amizade e os cristãos chamam de caridade ou amor ao próximo”.

Esta é uma posição muito correta, mas me parece estar em contradição com a defesa do Estado que ele faz na mesma página e na seguinte. O que me parece errado é que a sociedade não pode ser, ao mesmo tempo, uma “comunidade baseada no amor ao próximo” e uma comunidade que “requer não somente que as paixões dos indivíduos sejam subjugadas, mas que, mesmo no povo e no corpo social, bem como nos indivíduos, as inclinações dos homens, amiúde, devam ser frustradas, a vontade controlada e as paixões subjugadas” e, pior, que “isso somente pode ser feito por um poder exterior”.

Disto aí podemos tirar que, da mesma forma que Kirk define a posição libertária como sendo a de que o autointeresse é que mantém a sociedade civil coesa, a posição conservadora seria então a de que essa coesão vem apenas do Estado, e não de qualquer ligação entre vivos e mortos, ou do amor ao próximo. Já que, sem o Estado, diz, ele, citando Thomas Hobbes, a condição do homem é “solitária, pobre, sórdida, embrutecida e curta”?

[^1]: este é o nome do livro e também um outro nome que ele dá para o próprio conservadorismo (p.99). [^2]: p. 101 [^3]: p. 102

@ 0b118e40:4edc09cb

The idea of Bitcoin as an internet native currency, and eventually a global one, is coming to life slowly. But historically, the idea of global currency has haunted the world’s financial imagination for nearly a century. 

From Keynes’s Bancor in 1944 to Zhou Xiaochuan’s post-crisis proposal in 2009 to today’s renewed debates, the idea resurfaces every time the global economy fractures. 

Could this time be different with Bitcoin? 

I decided to trace the idea of global currency through several decades and books. I may have missed some parts, so feel free to add. I’ll keep this brief and leave the books I’ve read below.

In the beginning

It all started on July 1, 1944. 730 delegates from 44 Allied nations, including major powers like the US, UK, Soviet Union, China, and France, gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire. They spent 2 weeks figuring out how the new international monetary and financial system would be, post WW2

After WW1, the treaty of Versailles was needed, but imposed harsh reparations that devastated economies and contributed to the rise of fascism, such as Hitler, Mussolini and gang. 

So when folks met up in 1944 (WW2 was almost ending), the goal was to prevent another Great Depression, another global conflict and build a stable global economic order. 

2 main proposals were discussed in Bretton Woods. 

1. John Maynard Keynes, representing the UK, proposed the creation of a global currency called Bancor. It will be issued through a global central bank known as the International Clearing Union (ICU).

2. Harry Dexter White, representing the US, promoted a dollar-based system. Countries would peg their currencies to the US. dollar backed by gold. He also led the creation of the IMF and the World Bank.

To understand how both of these proposals work, let's look at an example.

• Country A (Germany): Massive exporter

• Country B (USA): Massive importer

• Country C (Brazil): Balanced trade (imports = exports)

***Based on Dexter’s model and the current USD-based system, ***

Say Germany sells $1B worth of cars to the US. The US  pays in dollars, increasing its trade deficit. Germany accumulates dollars as reserves or buys the US Treasury bonds. Over time, the US continues running trade deficits, while Germany keeps hoarding dollars. Hence the  unsustainable debt of the US. 

***In Keynes’s Bancor system, ***

If Germany sells $1B worth of cars to the US, then the US does not pay in dollars. Instead, the ICU credits Germany with 1B Bancors and debits the US with -1B Bancors. 

The ICU police this. If Germany exceeds the surplus threshold, it pays interest or penalties to discourage hoarding. If the US exceeds its deficit threshold, it is warned to rebalance trade or face restrictions.

Here, Germany is incentivized to import more (e.g., from Brazil) or invest in global development. The US is encouraged to export more or reduce consumption. Brazil, with balanced trade, enjoys stability in Bancor flows and avoids pressure.

The idea behind Bancor was a zero-sum balancing act. No country could become “too big to fail” due to excessive deficits. But it was too complicated and idealistic in assuming every country could maintain balanced trade. 

Dexter on the other hand had a few tricks up his sleeve. In the end, Dexter’s USD dominance proposal was adopted. 

The Bretton Woods system established the US dollar as the central global currency 

Why did dollar dominance win over Bancor?

Simplicity often wins over complexity. But more so ICU felt too centralized, asking nations to surrender economic autonomy to a global body. That didn’t sit well in a post-war world where sovereignty was non-negotiable. That and idealist economic trade balance views. 

Dexter’s dollar-based system on the other hand wasn’t fair play at all. It was centralized and authoritarian in its design. 

So how did Dexter pull it off?

They had gold. They were ahead in economic recovery.

And they had nuclear weapons. 

At the time, the US held nearly 2/3 of the world’s gold reserves. It was a significant advantage in advocating for a gold-backed dollar as the bedrock of global trade. 

The US proposed a fixed gold peg at $35 per ounce.

From a broader geopolitical backdrop, the global population in 1944 was about 2.3 billion, a fraction of today’s 8 billion. The world was far less interconnected. The war had devastated Europe, Russia, and much of Asia. Infrastructure, economies, and entire cities were in ruins. The US, by contrast, had faced far fewer casualties and damages. Being geographically isolated, it had minimal domestic losses, around a tenth of what Europe suffered, and its economy was poised to rebuild faster. 

But gold dominance and economic recovery alone didn’t secure US financial dominance.

American scientific breakthroughs had already signaled global power. Physicists like Leo Szilard and Albert Einstein, who had fled Europe, helped develop nuclear weapons. Their intent was deterrence, not destruction. But once the bomb existed, it changed geopolitics overnight. The US had military dominance. And after Hiroshima and Nagasaki in 1945, it became the undisputed superpower. 

In the end, the USD won and the vision for neutral global currency faded. 

And 20 years passed on…

France sends its warship to the US

Under Bretton Woods, countries could exchange dollars for gold, but the US had been printing more dollars than it had gold to back it. And it used it to fund the costly Vietnam War and domestic programs like the Great Society under LBJ. 

Belgian-American economist Robert Triffin pointed out a fatal flaw in the Bretton Woods system that came to be known as the Triffin dilemma. 

• The world needed US dollars for liquidity and trade.

• But the more dollars the US pumped out, the less credible its gold promise became.

Yet the US kept promising that every dollar was still convertible to gold at $35 per ounce.

French President Charles de Gaulle saw this as financial imperialism. He called it the  “exorbitant privileged position”. The world had to pay for what they bought with the money they have, but not the US. 

So in 1965, France did something unexpected. It sent a warship to New York Harbor to physically retrieve French gold reserves held by the Federal Reserve. 

Would it have escalated to war? Maybe. But likely not. It was perhaps more of a diplomatic theatre and a sovereign flex. France was exercising its right under the Bretton Woods agreement to convert dollars into gold. But doing it with military formality was to send a signal to the world that they don’t trust the US system anymore.

It was one of the first major public blows to the dollar’s credibility. And France wasn’t alone. Other countries like West Germany and Switzerland followed suit, redeeming dollars for gold and draining US reserves.

The Nixon shock

Given they did not have enough gold, the IMF introduced Special Drawing Rights (SDRs) in 1969. SDRs were an international reserve asset, created to supplement gold and dollar reserves. Instead of relying solely on the US dollar, SDRs were based on a basket of major currencies (originally gold-backed but later diversified).

The idea was to reduce the world’s dependence on the dollar and avoid a liquidity crisis. But SDRs were a little too late and a little too weak to solve the underlying problem.

By 1971, the US could no longer sustain the illusion. President Nixon “closed the gold window,” suspending dollar convertibility to gold. 

The Bretton Woods collapsed and this marked the beginning of fiat money dominance.

The French pursuit

While France demanded justice in one corner of the world, the French franc, specifically the CFA franc, has been dominant in parts of Africa since 1945, long before 1971.

After WWII, France created two CFA franc zones:

• West Africa: Communauté Financière Africaine (XOF)

• Central Africa: Coopération Financière en Afrique Centrale (XAF)

These zones included 14 African countries, many of which were former French colonies. France maintained monetary control via currency convertibility guarantees and representation in African central banks. Till today it has influence over these country’s monetary policy.

Colonisation hasn't ended in some parts of the world. 

Did countries stop using the USD after the Nixon shock 1971?

Nope. The US dollar was no longer convertible to gold and it dismantled the fixed exchange rate system. But most countries did not stop using the USD as their dominant reserve or trade currency. There were no decent alternatives. Instead, they floated their currencies or maintained a soft peg to the dollar or a basket of currencies. 

The USD remained dominant in oil trade (OPEC priced oil in USD) - petrodollar deal, global debt markets and FX reserves (central banks kept holding USD). 

In 1997, when many Southeast Asian countries were still pegged to the USD, Soros claimed that SEA will tank. The US further increased its credit rates leading to capital flight and eventual tanking of these countries leading to Asian Financial Crisis '97. Many financial crisis has similar vibe.

The 1999 Euro launch

The idea of a shared currency appeared again, this time through the forms of Euro. It was a mandatory system for member states of the Eurozone, and came with centralized authority, the European Central Bank (ECB), which controlled monetary policy for all participating nations.

At first glance, the euro seemed like a win. It eliminated exchange rate fluctuations, making trade within the Eurozone smoother. It gave weaker economies access to lower borrowing costs and helped Europe establish itself as a financial heavyweight. Today, the euro is the second most-used reserve currency after the US dollar.

But it came at a cost. Countries that adopted the euro lost monetary sovereignty and could no longer print their own money or adjust interest rates to respond to local crises. This became painfully clear during Greece’s debt crisis, where strict monetary policies prevented the country from devaluing its currency to recover. The one-size-fits-all approach meant that economies as different as Germany and Greece had to follow the same rules, often to the detriment of weaker nations. Debt-ridden countries like Italy and Spain were forced into harsh austerity measures because they could not manipulate their currency to ease financial strain. Meanwhile, richer nations like Germany and the Netherlands felt they were unfairly propping up struggling economies, creating political tension across the EU.

In recent years, the euro has faced pressure from global trade tensions, monetary tightening, and geopolitical instability contributing to market volatility and periodic depreciation against other major currencies.

The Bretton Woods 2.0

Believe it or not, after all that, there was a call for Bretton Woods 2.0. Yet another global currency dream.

When the housing market collapsed in 2008 followed by a series of domino effects, global banks froze lending, economies contracted, and panic set in. The crisis exposed how fragile the international financial system had become as it was overly reliant on debt, under-regulated, and centered around the US dollar.

Many countries, especially in the Global South and emerging markets, started to question whether a system built around a single national currency was sustainable. 

China, for instance, had been holding huge amounts of US debt while the US printed more dollars through bailouts and quantitative easing. This created global imbalances as exporting nations were lending money to the US to keep the system running, while taking on the risk of dollar depreciation. 

In 2009, China’s central bank openly proposed replacing the US dollar with a neutral global reserve currency suggesting SDRs (Special Drawing Rights) issued by the IMF instead.

These concerns led to a wave of calls from world leaders for a “Bretton Woods 2.0” ,  a modern rethinking of the post-WWII economic order. At G20 summits in London in 2009, countries like France, China, and Russia pushed for reforms in global financial institutions and more balanced power sharing. 

In the end, the IMF received more funding, and some banking regulations were tightened in the years after. But no real overhaul happened. No surprise there? The dollar remained dominant. 

The foundation of the global economy didn’t change, even though trust in it had been deeply shaken.

The growth of BRICS

In 2023, Brazil, Russia, India, China, and South Africa began discussing the idea of a shared currency or alternative mechanism to reduce the dependence on USD ie de-dollarisation. The sanctions on Russia didn't help. After Russia’s invasion of Ukraine, the US and its allies froze Russia’s dollar reserves and cut it off from SWIFT, the “backbone of global banking communication”. This made one thing clear. If you fall out with Washington, your access to the global economy can vanish overnight.

China’s growing economic power also gave it more leverage to process alternative options. It would trade in Yuan with Russia and Iran.

I know many still say it's at its early stage, but I see many countries hedging their bets quietly and aligning with Putin and Xi. It became more obvious after US imposed tariffs on multiple nations, signaling that economic tools can double as political weapons. The world’s second financial system is slowly forming.

What is the world looking for, for the last century ?

From Bretton Woods to multiple financial crises, from the birth of the Euro to the rise of BRICS, through war and peace, we’ve been circling around the same ideal. A global currency that is :

1. Simple 

2. Free from dominant power 

3. Decentralised

4. Borderless

5. Scarce 

6. Transparent 

7. Inclusive, with self custody

8. Resilient in crisis 

9. Built for individual financial sovereignty

10. A new backbone for global finance, owned by no one

It doesn’t matter where you’re from, what politics you believe in, or how your economy leans. The answer keeps pointing in the same direction:

Bitcoin

This is the first true global currency.

And it’s just there 

Waiting...

.

.

.

---

Some books that might interest you :

1. The Battle of Bretton Woods by Benn Steil

2. Goodbye, Great Britain by Kathleen Burk and Alec Cairncross

3. The Ghost of Bancor by Tommaso Padoa-Schioppa

4. Confessions of an Economic Hitman by John Perkins

5. The Blood Bankers by James S. Henry

@ 2cde0e02:180a96b9

pen & ink

https://stacker.news/items/1002504

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ 3bf0c63f:aefa459d

A command line utility to create and manage personal graphs, then write them to dot and make images with graphviz.

It manages a bunch of YAML files, one for each entity in the graph. Each file lists the incoming and outgoing links it has (could have listen only the outgoing, now that I'm tihnking about it).

Each run of the tool lets you select from existing nodes or add new ones to generate a single link type from one to one, one to many, many to one or many to many -- then updates the YAML files accordingly.

It also includes a command that generates graphs with graphviz, and it can accept a template file that lets you customize the dot that is generated and thus the graphviz graph.

rel

• https://github.com/fiatjaf/rel

@ b1ddb4d7:471244e7

“Not your keys, not your coins” isn’t a slogan—it’s a survival mantra in the age of digital sovereignty.

The seismic collapses of Mt. Gox (2014) and FTX (2022) weren’t anomalies; they were wake-up calls. When $8.7 billion in customer funds vanished with FTX, it exposed the fatal flaw of third-party custody: your bitcoin is only as secure as your custodian’s weakest link.

Yet today, As of early 2025, analysts estimate that between 2.3 million and 3.7 million Bitcoins are permanently lost, representing approximately 11–18% of bitcoin’s fixed maximum supply of 21 million coins, with some reports suggesting losses as high as 4 million BTC. This paradox reveals a critical truth: self-custody isn’t just preferable—it’s essential—but it must be done right.

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

• Rehypothecation Risk: Most platforms lend your bitcoin for yield generation. When Celsius collapsed, users discovered their “held” bitcoin was loaned out in risky strategies.
• Account Freezes: Regulatory actions can lock withdrawals overnight. In 2023, Binance suspended dollar withdrawals for U.S. users citing “partner bank issues,” trapping funds for weeks.
• Data Vulnerability: KYC requirements create honeypots for hackers. The 2024 Ledger breach exposed 270,000 users’ personal data despite hardware security.

True Self-Custody
Self-custody means exclusively controlling your private keys—the cryptographic strings that prove bitcoin ownership. Unlike banks or exchanges, self-custody eliminates:

• Counterparty risk (no FTX-style implosions)
• Censorship (no blocked transactions)
• Inflationary theft (no fractional reserve lending)

Conquering the Three Great Fears of Self-Custody

Fear 1: “I’ll Lose Everything If I Make a Mistake”

Reality: Human error is manageable with robust systems:

• Test Transactions: Always send a micro-amount (0.00001 BTC) before large transfers. Verify receipt AND ability to send back.
• Multi-Backup Protocol: Store seed phrases on fireproof/waterproof steel plates (not paper!). Distribute copies geographically—one in a home safe, another with trusted family 100+ miles away.
• SLIP39 Sharding: Split your seed into fragments requiring 3-of-5 shards to reconstruct. No single point of failure.

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

• Hardware Wallets: Devices like Bitkey or Ledger keep keys in “cold storage”—isolated from internet-connected devices. Transactions require physical confirmation.
• Multisig Vaults: Bitvault’s multi-sig system requires attackers compromise multiple locations/devices simultaneously. Even losing two keys won’t forfeit funds.
• Air-Gapped Verification: Use dedicated offline devices for wallet setup. Never type seeds on internet-connected machines.

Fear 3: “My Family Can’t Access It If I Die”

Reality: Inheritance is solvable:

• Dead Man Switches: Bitwarden’s emergency access allows trusted contacts to retrieve encrypted keys after a pre-set waiting period (e.g., 30 days).
• Inheritance Protocols: Bitkey’s inheritance solution shares decryption keys via designated beneficiaries’ emails. Requires multiple approvals to prevent abuse.
• Public Key Registries: Share wallet XPUBs (not private keys!) with heirs. They can monitor balances but not spend, ensuring transparency without risk.

The Freedom Dividend

1. Censorship Resistance: Send $10M BTC to a Wikileaks wallet without Visa/Mastercard blocking it.
2. Privacy Preservation: Avoid KYC surveillance—non-custodial wallets like Flash require zero ID verification.
3. Protocol Access: Participate in bitcoin-native innovations (Lightning Network, DLCs) only possible with self-custodied keys.
4. Black Swan Immunity: When Cyprus-style bank bailins happen, your bitcoin remains untouched in your vault.

The Sovereign’s Checklist

1. Withdraw from Exchanges: Move all BTC > $1,000 to self-custody immediately.
2. Buy Hardware Wallet: Purchase DIRECTLY from manufacturer (no Amazon!) to avoid supply-chain tampering.
3. Generate Seed OFFLINE: Use air-gapped device, write phrase on steel—never digitally.
4. Test Recovery: Delete wallet, restore from seed before funding.
5. Implement Multisig: For > $75k, use Bitvault for 2-of-3 multi-sig setup.
6. Create Inheritance Plan: Share XPUBs/SLIP39 shards with heirs + legal documents.

“Self-custody isn’t about avoiding risk—it’s about transferring risk from opaque institutions to transparent, controllable systems you design.”

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

• MPC Wallets: Services like Xapo Bank shatter keys into encrypted fragments distributed globally. No single device holds full keys, defeating physical theft.
• Social Recovery: Ethically designed networks (e.g., Bitkey) let trusted contacts restore access without custodial control.
• Biometric Assurance: Fingerprint reset protocols prevent lockouts from physical injuries.

Lost keys = lost bitcoin. But consider the alternative: entrusting your life savings to entities with proven 8% annual failure rates among exchanges. Self-custody shifts responsibility from hoping institutions won’t fail to knowing your system can’t fail without your consent.

Take action today: Move one coin. Test one recovery. Share one xpub. The path to unchained wealth begins with a single satoshi under your control.

@ d6affa19:9110b177

If there were only one thing I had to list as the single most effective way to improve a Female Led Relationship (FLR), it would be found in the phrase “yes, Ma’am.” Whether trying to get the dynamic off the ground or keep it going during the grind of everyday life, this phrase—and the energy it evokes—encompasses so many essential elements of an FLR. In my experience, not many other things continuously breathe life into a relationship like the magic of “yes, Ma’am.”

Of course, this phrase can be modified to the Woman’s desire (“yes, Mistress,” “yes, my Queen,” “yes, Goddess” are common examples), but “yes, Ma’am” is something acceptable nearly anywhere. It’s simple, polite, somewhat discreet, and yet extremely effective and powerful. In an FLR (even in a low-protocol dynamic), the phrase is elevated from a basic formality to an invocation of trust, respect, and surrender.

The words by themselves are powerless. But when consistently expressed with the right energy and intention, it becomes a sort of miniature ritual that keeps them both anchored to the relationship. This shouldn’t be conflated with “yes, Dear,” a phrase stereotypically used when a man is merely appeasing a Woman. No, the energy here is not to appease, but to please. Because She deserves it.

To illustrate this further, let’s dig into the depth I find in these two words.

An Invocation of Structure, Trust, and Identity

“Yes, Ma’am” is so deceptively simple. It’s a verbal expression of his obedience—the bare minimum a Woman should receive in an FLR. And it keeps the framework intact in everyday life, especially when the mood is subtle or non-sexual.

In this way, “yes, Ma’am” reinforces the foundation of the FLR. Each utterance reminds them both of their positions. Each declaration quiets any confusion. Each delivery deepens the dynamic and tightens the structure.

When these words are spoken and consistently followed up with action, they demonstrate emotional maturity—that he’s moved beyond questioning whether She’s “right” and into the realm of devotion. It signals to Her that Her needs don’t have to be proven to him anymore and that Her preferences don’t need to be justified.

He’s no longer debating Her logic, making excuses, or searching for loopholes; he’s no longer resisting or self-protecting. He’s not agreeing as an equal, he’s not negotiating with Her, he’s not hedging Her demand. He is simply submitting to Her.

Just as it’s “yes, Ma’am” when She tells him to kneel, it’s also “yes, Ma’am” when She asks him to fix the sink, or dismisses a request, or even reminds him to do something he’s about to do. “Yes, Ma’am,” then act.

The Words Alone Are Not the Magic

Again, the magic of “yes, Ma’am” doesn’t reside in the words themselves, but in the intention, energy, and action behind them. The phrase itself is just a vessel. Just as a chalice, the words hold something sacred, but the sanctity resides in the wine, not the cup. The action, the delivery, and the consistency are what give the phrase its power.

If spoken with resentment, sarcasm, or with no follow-through, they mean nothing. If he speaks them but then delays, argues, or makes excuses, then his submission is inauthentic. This undermines trust and, ultimately, the relationship. But when he says “yes, Ma’am” and immediately acts on Her direction—despite being tired, flustered, aroused, or even in disagreement, then that is real submission; that is profound trust. And that is what She feels.

And that’s what he feels. It becomes a reminder of his humility and an expression of self-discipline in service to Her. Over time, it shifts his thought patterns and instincts. He may feel uncertainty, self-pity, or insecurity, but “yes, Ma’am” melts it all into clarity. Old responses like “Well, actually…” “Can’t I just…” “I thought we agreed…” “Why can’t You…” are simply replaced with “yes, Ma’am.”

Even if he’s feeling exhausted, annoyed, or needy. There are no complaints or explanations, only Her will and a choice to put aside his ego, align with Her rhythm, and re-center his purpose. This is an act of vulnerability. He is placing his emotional safety in Her hands and relying on Her to care for his well-being.

It communicates to Her:
- “I hear You.”
- “I will act on Your desires.”
- “I trust You more than I trust my resistance.”
- “I’m Yours, even now, especially now.”

And let’s not ignore the erotic undertones in this depth of surrender. A simple phrase makes his discipline audible, echoing Her power. It bears his humility, longing, eagerness, vulnerability—his contained arousal. And She knows. She hears the plea. She feels the weight—the tension—the heat—the surrendered will… Ever-present, even in the most mundane moments…

Closing Thoughts

Of course, this level of devotion takes practice and a great deal of trust. No one is perfect, so he will fail at times, but that’s what makes it so beautiful—it’s a continuously active and conscious choice. And, at first, it may sound awkward for him or forced, but with dedication and intention She will begin to hear the tone, feel the vibe, and sense the sincerity in it. This energy is what builds Her trust in him.

This phrase, or rather the mindset behind it, has improved my own relationship so, so much. While it may not fit into every experience, it’s something that I discovered was a missing piece in mine. Enough so that I felt compelled to share.

Because as a relationship goes on, things change—passions fluctuate, pain resurfaces, doubts arise, life gets busy, things get heavy—but “yes, Ma’am” remains steady and intimate. Piece by piece trust and devotion are built with thousands of quiet yeses. And regardless of the circumstances, “yes, Ma’am” gently whispers “this is still us; this is still our shared truth; this is still sacred” over and over again.

@ 5eaeca3b:75c1954f

Ingredienti:

Olio EVO di qualità, Peperoncino, Aglio (possibilmente fresco), Spaghetti (di qualità). Per la variazione: Menta (ho usato foglie di menta marocchina) e formaggio pecorino.

Procedimento:

Ho usato (come si vede nella foto in alto) pasta "La Molisana" che ha 14 minuti di cottura, quindi appena l'acqua bolle occorre salarla e buttare la pasta. Poi, in una padella, far riscaldare un fondo di olio EVO e quando è caldo far imbiondire 2/3 spicchi di aglio tagliati a pezzi e il peperoncino (si può usare quello fresco oppure quello secco tritato). Quando l'aglio comincia ad imbiondire, aggiungere la mentuccia e un mestolo di acqua di cottura (come in foto)

Togliere la padella dal fuoco e lasciare risposare. Appena il tempo di cottura è trascorso tirare gli spaghetti dall'acqua e metterli in padella e farli saltare leggermente. attendere qualche istante in modo che la temperatura della pasta si abbassi (non deve raffreddarsi ma semplicemente perdere un po' di calore affinché il formaggio che andiamo ad aggiungere non faccia grumi ma diventi una bella crema...) e quindi aggiungere il pecorino grattato e saltare bene.. se vediamo che si asciuga troppo aggiungere poca acqua di cottura e continuare a spolverare di pecorino e saltare in padella. Così da ottenere una fantastica cremosità...

Buon appetito!

Un piccolo trucco: ho aggiunto anche uno spicchio (molto piccolo) di aglio spremuto. Perchè non risulti troppo aggressivo ho messo una foglia di mentuccia sotto allo spremiaglio.. (vedi sotto in foto)

@ cae03c48:2a7d6671

Bitcoin Magazine

Mapping Bitcoin’s Bull Cycle Potential

Bitcoin’s Market Value to Realized Value, or MVRV ratio, remains one of the most reliable on-chain indicators for identifying local and macro tops and bottoms across every BTC cycle. By isolating data across different investor cohorts and adapting historical benchmarks to modern market conditions, we can generate more accurate insights into where Bitcoin may be headed next.

The Bitcoin MVRV Ratio

The MVRV Ratio compares Bitcoin’s market price to its realized price, essentially the average cost basis for all coins in the network. As of writing, BTC trades around $105,000 while the realized price floats near $47,000, putting the raw MVRV at 2.26. The Z-Score version of MVRV standardizes this ratio based on historical volatility, enabling clearer comparisons across different market cycles.

Figure 1: Historically, the MVRV Ratio and the MVRV Z-Score have accurately identified cycle peaks and bottoms. View Live Chart

Short-Term Holders

Short-term holders, defined as those holding Bitcoin for 155 days or less, currently have a realized price near $97,000. This metric often acts as dynamic support in bull markets and resistance in bear markets. Notably, when the Short Term Holder MVRV hits 1.33, local tops have historically occurred, as seen several times in both the 2017 and 2021 cycles. So far in the current cycle, this threshold has already been touched four times, each followed by modest retracements.

Figure 2: Short Term Holder MVRV reaching 1.33 in more recent cycles has aligned with local tops. View Live Chart

Long-Term Holders

Long-term holders, who’ve held BTC for more than 155 days, currently have an average cost basis of just $33,500, putting their MVRV at 3.11. Historically, Long Term Holder MVRV values have reached as high as 12 during major peaks. That said, we’re observing a trend of diminishing multiples each cycle.

Figure 3: Achieving a Long Term Holder MVRV value of 8 could extrapolate to a BTC price in excess of $300,000. View Live Chart

A key resistance band now sits between 7.5 and 8.5, a zone that has defined bull tops and pre-bear retracements in every cycle since 2011. If the current growth of the realized price ($40/day) continues for another 140–150 days, matching previous cycle lengths, we could see it reach somewhere in the region of $40,000. A peak MVRV of 8 would imply a price near $320,000.

A Smarter Market Compass

Unlike static all-time metrics, the 2-Year Rolling MVRV Z-Score adapts to evolving market dynamics. By recalculating average extremes over a rolling window, it smooths out Bitcoin’s natural volatility decay as it matures. Historically, this version has signaled overbought conditions when reaching levels above 3, and prime accumulation zones when dipping below -1. Currently sitting under 1, this metric suggests that substantial upside remains.

Figure 4: The current 2-Year Rolling MVRV Z-Score suggests more positive price action ahead. View Live Chart

Timing & Targets

A view of the BTC Growth Since Cycle Lows chart illustrates that BTC is now approximately 925 days removed from its last major cycle low. Historical comparisons to previous bull markets suggest we may be around 140 to 150 days away from a potential top, with both the 2017 and 2021 peaks occurring around 1,060 to 1,070 days after their respective lows. While not deterministic, this alignment reinforces the broader picture of where we are in the cycle. If realized price trends and MVRV thresholds continue on current trajectories, late Q3 to early Q4 2025 may bring final euphoric moves.

Figure 5: Will the current cycle continue to exhibit growth patterns similar to those of the previous two cycles? View Live Chart

Conclusion

The MVRV ratio and its derivatives remain essential tools for analyzing Bitcoin market behavior, providing clear markers for both accumulation and distribution. Whether observing short-term holders hovering near local top thresholds, long-term holders nearing historically significant resistance zones, or adaptive metrics like the 2-Year Rolling MVRV Z-Score signaling plenty of runway left, these data points should be used in confluence.

No single metric should be relied upon to predict tops or bottoms in isolation, but taken together, they offer a powerful lens through which to interpret the macro trend. As the market matures and volatility declines, adaptive metrics will become even more crucial in staying ahead of the curve.

For more deep-dive research, technical indicators, real-time market alerts, and access to a growing community of analysts, visit BitcoinMagazinePro.com.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.

This post Mapping Bitcoin’s Bull Cycle Potential first appeared on Bitcoin Magazine and is written by Matt Crosby.

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin

Meanwhile Insurance Bitcoin (Bermuda) Limited (“Meanwhile”) announced it has become the first company in the world to release externally audited financial statements denominated entirely in Bitcoin. According to the announcement, the company reported 220.4 BTC in assets and 25.29 BTC in net income for 2024, a 300% year over year increase.

Today marks a global first & historic event for us, along with the public release of our 2024 audited financial statements, covering our 1st year of sales.

As the 1st company in the world to have Bitcoin-denominated financial statements externally audited, we are excited to…

— meanwhile | Bitcoin Life Insurance (@meanwhilelife) June 5, 2025

“We’ve just made history as the first company in the world to have Bitcoin-denominated financial statements externally audited,” said Zac Townsend, CEO of Meanwhile. “This is an important, foundational step in reimagining the financial system based on a single, global, decentralized standard outside the control of any one government.” 

The financial statements were audited by Harris & Trotter LLP and its digital asset division ht.digital. Meanwhile’s financials also comply with Bermuda’s Insurance Act 1978, noting that their BTC denominated financials were approved and comply with official guidelines. The firm, fully licensed by the Bermuda Monetary Authority (BMA), operates entirely in BTC and is prohibited from liquidating Bitcoin assets except through policyholder claims, positioning it as a long term holder. 

“As the first regulated Bitcoin life insurance company, we view the BTC held by Meanwhile as inherently long-term in nature—primarily held to support the Company’s insurance liabilities over decades,” Townsend added. “This makes it significantly ‘stickier’ and resistant to market pressures compared to the BTC held by other companies as part of their treasury management strategies.” 

Meanwhile’s 2024 financials also revealed 23.02 BTC in net premiums and 4.35 BTC in investment income, showing that its model not only preserves Bitcoin, but earns it. The company’s reserves (also held in BTC) were reviewed and approved by Willis Towers Watson (WTW). 

Meanwhile also offers a Bitcoin Whole Life insurance product that allows policyholders to save, borrow, and build legacy wealth—entirely in BTC, and has plans to expand globally in 2025.

“We are incredibly proud of today’s news as it underscores how Meanwhile is at the forefront of the next phase of the convergence between Bitcoin and institutional financial markets,” said Tia Beckmann, CFO of Meanwhile. “Now having generated net income in BTC, we have demonstrated that we are earning it through a sustainable insurance business model designed for the long term.” 

This post Bitcoin Life Insurer, Meanwhile, Becomes First Company to Publish Audited Financials Denominated in Bitcoin first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 9ca447d2:fbf5a36d

Wall Street is warming up to Bitcoin and getting closer and closer to it.

Cantor Fitzgerald, one of the oldest and most respected investment banks on Wall Street, has launched a $2 billion bitcoin-backed lending program.

They’ve reportedly already done their first deals, lending to two big digital asset companies: FalconX and Maple Finance.

This is a big step in connecting traditional finance to the fast-moving world of Bitcoin.

Cantor’s new service allows big investors, hedge funds and asset managers, to borrow money using bitcoin as collateral.

This is a game changer for institutions that hold bitcoin, as they can now access liquidity without having to sell their assets.

“Institutions holding bitcoin are looking to broaden their access to diverse funding sources,” said Christian Wall, co-CEO and global head of fixed income at Cantor Fitzgerald.

“And we are excited to support their liquidity needs to help them drive long term growth and success.”

The loans are not speculative or unsecured.

They are structured like traditional finance deals, backed by the borrower’s bitcoin. This reduces the risk for Cantor while giving bitcoin-holding companies new ways to grow and operate.

The first recipients of Cantor’s lending program are FalconX, a digital asset brokerage, and Maple Finance, a blockchain-based lending platform.

FalconX confirmed they secured a credit facility of over $100 million. Maple Finance also received the first tranche of their loan from Cantor.

This comes at a time when the bitcoin lending space is recovering after a tough period. Several big firms went under in 2022 and investor confidence was shaken.

Now with traditional finance on board, bitcoin-backed lending has returned. According to Galaxy Research the total size of the digital asset lending market grew to $36.5 billion in Q4 2024.

Cantor’s move into bitcoin-backed lending isn’t new. They announced their plans in July 2024 and have been building their presence in the Bitcoin space since then.

Earlier this year, they partnered with Tether, SoftBank and Bitfinex to launch Twenty One Capital, a $3.6 billion fund to buy over 42,000 bitcoin.

In May 2025 Cantor Equity Partners merged with Twenty One Capital and bought nearly $459 million worth of bitcoin.

They also own around $1.9 billion in shares of Strategy, a company that holds a lot of bitcoin. Clearly Cantor believes in bitcoin as a long-term asset.

Cantor is also a big player in the stablecoin space.

They manage U.S. Treasury reserves for Tether, the company behind the $142 billion USDT stablecoin. This adds another layer of trust and credibility to Cantor’s digital asset involvement.

To secure the bitcoin used as collateral, Cantor has partnered with digital asset custodians Anchorage Digital and Copper.co.

These companies are known for their robust security and institutional-grade infrastructure. Cantor hasn’t disclosed loan terms or interest rates but confirmed the lending will follow current regulations.

This also shows how traditional financial players are embracing DeFi.

Maple Finance for example allows undercollateralized lending using blockchain. By backing companies like Maple, Cantor is innovating while still having control and compliance.

For years, bitcoin-backed loans were only available through digital-asset-native companies like Genesis, BlockFi, and Ledn.

These loans were mostly for smaller clients and retail investors. But with Cantor’s entry, the scale and professionalism of bitcoin lending are expanding.

@ 63d59db8:be170f6f

The pursuit of this body of work is to document the ongoing flux of novel events that I experience. My goal is to share my perception of the world so that others can see the beauty, color and humor.\ \ My journey as a photographer has taken me to places that I could have never imagined - from the basements of house shows, to traveling around the entire United States, Japan and most of Europe. I am incredibly thankful for all of the opportunities that have been given to me from touring with Vasudeva. In the course of all these years traveling, what I have come to understand is a deeper vision of myself and what it is that I do as a photographer; and that is to document people and places in the moment. To not seek compositions, but to allow the curiosity and discovery of myself to see and experience.

Visit Colin's website here.

@ 3bf0c63f:aefa459d

GraphQL vs REST

Today I saw this: https://github.com/stickfigure/blog/wiki/How-to-(and-how-not-to)-design-REST-APIs

And it reminded me why GraphQL is so much better.

It has also reminded me why HTTP is so confusing and awful as a protocol, especially as a protocol for structured data APIs, with all its status codes and headers and bodies and querystrings and content-types -- but let's not talk about that for now.

People complain about GraphQL being great for frontend developers and bad for backend developers, but I don't know who are these people that apparently love reading guides like the one above of how to properly construct ad-hoc path routers, decide how to properly build the JSON, what to include and in which circumstance, what status codes and headers to use, all without having any idea of what the frontend or the API consumer will want to do with their data.

It is a much less stressful environment that one in which we can just actually perform the task and fit the data in a preexistent schema with types and a structure that we don't have to decide again and again while anticipating with very incomplete knowledge the usage of an extraneous person -- i.e., an environment with GraphQL, or something like GraphQL.

By the way, I know there are some people that say that these HTTP JSON APIs are not the real REST, but that is irrelevant for now.

@ 3bf0c63f:aefa459d

nostr - Notes and Other Stuff Transmitted by Relays

The simplest open protocol that is able to create a censorship-resistant global "social" network once and for all.

It doesn't rely on any trusted central server, hence it is resilient; it is based on cryptographic keys and signatures, so it is tamperproof; it does not rely on P2P techniques, therefore it works.

Very short summary of how it works, if you don't plan to read anything else:

Everybody runs a client. It can be a native client, a web client, etc. To publish something, you write a post, sign it with your key and send it to multiple relays (servers hosted by someone else, or yourself). To get updates from other people, you ask multiple relays if they know anything about these other people. Anyone can run a relay. A relay is very simple and dumb. It does nothing besides accepting posts from some people and forwarding to others. Relays don't have to be trusted. Signatures are verified on the client side.

This is needed because other solutions are broken:

The problem with Twitter

• Twitter has ads;
• Twitter uses bizarre techniques to keep you addicted;
• Twitter doesn't show an actual historical feed from people you follow;
• Twitter bans people;
• Twitter shadowbans people.
• Twitter has a lot of spam.

The problem with Mastodon and similar programs

• User identities are attached to domain names controlled by third-parties;
• Server owners can ban you, just like Twitter; Server owners can also block other servers;
• Migration between servers is an afterthought and can only be accomplished if servers cooperate. It doesn't work in an adversarial environment (all followers are lost);
• There are no clear incentives to run servers, therefore they tend to be run by enthusiasts and people who want to have their name attached to a cool domain. Then, users are subject to the despotism of a single person, which is often worse than that of a big company like Twitter, and they can't migrate out;
• Since servers tend to be run amateurishly, they are often abandoned after a while — which is effectively the same as banning everybody;
• It doesn't make sense to have a ton of servers if updates from every server will have to be painfully pushed (and saved!) to a ton of other servers. This point is exacerbated by the fact that servers tend to exist in huge numbers, therefore more data has to be passed to more places more often;
• For the specific example of video sharing, ActivityPub enthusiasts realized it would be completely impossible to transmit video from server to server the way text notes are, so they decided to keep the video hosted only from the single instance where it was posted to, which is similar to the Nostr approach.

The problem with SSB (Secure Scuttlebutt)

• It doesn't have many problems. I think it's great. In fact, I was going to use it as a basis for this, but
• its protocol is too complicated because it wasn't thought about being an open protocol at all. It was just written in JavaScript in probably a quick way to solve a specific problem and grew from that, therefore it has weird and unnecessary quirks like signing a JSON string which must strictly follow the rules of ECMA-262 6th Edition;
• It insists on having a chain of updates from a single user, which feels unnecessary to me and something that adds bloat and rigidity to the thing — each server/user needs to store all the chain of posts to be sure the new one is valid. Why? (Maybe they have a good reason);
• It is not as simple as Nostr, as it was primarily made for P2P syncing, with "pubs" being an afterthought;
• Still, it may be worth considering using SSB instead of this custom protocol and just adapting it to the client-relay server model, because reusing a standard is always better than trying to get people in a new one.

The problem with other solutions that require everybody to run their own server

• They require everybody to run their own server;
• Sometimes people can still be censored in these because domain names can be censored.

How does Nostr work?

• There are two components: clients and relays. Each user runs a client. Anyone can run a relay.
• Every user is identified by a public key. Every post is signed. Every client validates these signatures.
• Clients fetch data from relays of their choice and publish data to other relays of their choice. A relay doesn't talk to another relay, only directly to users.
• For example, to "follow" someone a user just instructs their client to query the relays it knows for posts from that public key.
• On startup, a client queries data from all relays it knows for all users it follows (for example, all updates from the last day), then displays that data to the user chronologically.
• A "post" can contain any kind of structured data, but the most used ones are going to find their way into the standard so all clients and relays can handle them seamlessly.

How does it solve the problems the networks above can't?

• Users getting banned and servers being closed
• A relay can block a user from publishing anything there, but that has no effect on them as they can still publish to other relays. Since users are identified by a public key, they don't lose their identities and their follower base when they get banned.
• Instead of requiring users to manually type new relay addresses (although this should also be supported), whenever someone you're following posts a server recommendation, the client should automatically add that to the list of relays it will query.
• If someone is using a relay to publish their data but wants to migrate to another one, they can publish a server recommendation to that previous relay and go;
• If someone gets banned from many relays such that they can't get their server recommendations broadcasted, they may still let some close friends know through other means with which relay they are publishing now. Then, these close friends can publish server recommendations to that new server, and slowly, the old follower base of the banned user will begin finding their posts again from the new relay.

• All of the above is valid too for when a relay ceases its operations.

• Censorship-resistance

• Each user can publish their updates to any number of relays.

• A relay can charge a fee (the negotiation of that fee is outside of the protocol for now) from users to publish there, which ensures censorship-resistance (there will always be some Russian server willing to take your money in exchange for serving your posts).

• Spam

• If spam is a concern for a relay, it can require payment for publication or some other form of authentication, such as an email address or phone, and associate these internally with a pubkey that then gets to publish to that relay — or other anti-spam techniques, like hashcash or captchas. If a relay is being used as a spam vector, it can easily be unlisted by clients, which can continue to fetch updates from other relays.

• Data storage

• For the network to stay healthy, there is no need for hundreds of active relays. In fact, it can work just fine with just a handful, given the fact that new relays can be created and spread through the network easily in case the existing relays start misbehaving. Therefore, the amount of data storage required, in general, is relatively less than Mastodon or similar software.

• Or considering a different outcome: one in which there exist hundreds of niche relays run by amateurs, each relaying updates from a small group of users. The architecture scales just as well: data is sent from users to a single server, and from that server directly to the users who will consume that. It doesn't have to be stored by anyone else. In this situation, it is not a big burden for any single server to process updates from others, and having amateur servers is not a problem.

• Video and other heavy content

• It's easy for a relay to reject large content, or to charge for accepting and hosting large content. When information and incentives are clear, it's easy for the market forces to solve the problem.

• Techniques to trick the user

• Each client can decide how to best show posts to users, so there is always the option of just consuming what you want in the manner you want — from using an AI to decide the order of the updates you'll see to just reading them in chronological order.

FAQ

• This is very simple. Why hasn't anyone done it before?

I don't know, but I imagine it has to do with the fact that people making social networks are either companies wanting to make money or P2P activists who want to make a thing completely without servers. They both fail to see the specific mix of both worlds that Nostr uses.

• How do I find people to follow?

First, you must know them and get their public key somehow, either by asking or by seeing it referenced somewhere. Once you're inside a Nostr social network you'll be able to see them interacting with other people and then you can also start following and interacting with these others.

• How do I find relays? What happens if I'm not connected to the same relays someone else is?

You won't be able to communicate with that person. But there are hints on events that can be used so that your client software (or you, manually) knows how to connect to the other person's relay and interact with them. There are other ideas on how to solve this too in the future but we can't ever promise perfect reachability, no protocol can.

• Can I know how many people are following me?

No, but you can get some estimates if relays cooperate in an extra-protocol way.

• What incentive is there for people to run relays?

The question is misleading. It assumes that relays are free dumb pipes that exist such that people can move data around through them. In this case yes, the incentives would not exist. This in fact could be said of DHT nodes in all other p2p network stacks: what incentive is there for people to run DHT nodes?

• Nostr enables you to move between server relays or use multiple relays but if these relays are just on AWS or Azure what’s the difference?

There are literally thousands of VPS providers scattered all around the globe today, there is not only AWS or Azure. AWS or Azure are exactly the providers used by single centralized service providers that need a lot of scale, and even then not just these two. For smaller relay servers any VPS will do the job very well.

@ 7f6db517:a4931eda

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.

@ 9ca447d2:fbf5a36d

Trump Media & Technology Group (TMTG), the company behind Truth Social and other Trump-branded digital platforms, is planning to raise $2.5 billion to build one of the largest bitcoin treasuries among public companies.

The deal involves the sale of approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes.

According to the company, the offering is expected to close by the end of May, pending standard closing conditions.

Devin Nunes, CEO of Trump Media, said the investment in bitcoin is a big part of the company’s long-term plan.

“We view Bitcoin as an apex instrument of financial freedom,” Nunes said.

“This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms.”

He added that the bitcoin treasury will be used to create new synergies across the company’s platforms including Truth Social, Truth+, and the upcoming financial tech brand Truth.Fi.

“It’s a big step forward in the company’s plans to evolve into a holding company by acquiring additional profit-generating, crown jewel assets consistent with America First principles,” Nunes said.

The $2.5 billion raise will come from about 50 institutional investors. The $1 billion in convertible notes will have 0% interest and be convertible into shares at a 35% premium.

TMTG’s current liquid assets, including cash and short-term investments, are $759 million as of the end of the first quarter of 2025. With this new funding, the company’s liquid assets will be over $3 billion.

Custody of the bitcoin treasury will be handled by Crypto.com and Anchorage Digital. They will manage and store the digital assets.

Earlier this week The Financial Times reported Trump Media was planning to raise $3 billion for digital assets acquisitions.

The article said the funds would be used to buy bitcoin and other digital assets, and an announcement could come before a major related event in Las Vegas.

Related: Bitcoin 2025 Conference Kicks off in Las Vegas Today

Trump Media denied the FT report. In a statement, the company said, “Apparently the Financial Times has dumb writers listening to even dumber sources.”

There was no further comment. However, the official $2.5 billion figure, which was announced shortly after by Trump Media through a press release, aligns with its actual filing and investor communication.

Trump Media’s official announcement

This comes at a time when the Trump family and political allies are showing renewed interest in Bitcoin.

President Donald Trump who is now back in office since the 2025 election, has said he wants to make the U.S. the “crypto capital of the world.”

Trump Media is also working on retail bitcoin investment products including ETFs aligned with America First policies.

These products will make bitcoin more accessible to retail investors and support pro-Trump financial initiatives.

But not everyone is happy.

Democratic Senator Elizabeth Warren recently expressed concerns about Trump Media’s Bitcoin plans. She asked U.S. regulators to clarify their oversight of digital-asset ETFs, warning of investor risk.

Industry insiders are comparing Trump Media’s plans to Strategy (MSTR) which has built a multi-billion dollar bitcoin treasury over the last year. They used stock and bond sales to fund their bitcoin purchases.

@ 36f96bcb:2ff3888b

“No man is free who is not master of himself.” — Epictetus

We’re living in a world full of anxiety, noise, dependency, and fragility. And a lot of it, whether people realise it or not, is rooted in the fiat money system and the high-time-preference lifestyle it encourages.

It’s crazy. We’ve advanced so far in terms of technology and information, yet most people feel more trapped, more lost, and more reactive than ever before. Instead of a world of abundance and cooperation, we see isolation, selfishness, and division. Everyone's chasing something — status, dopamine, fake meaning — while feeling emptier by the day.

Enter Stoicism

Stoicism is a philosophy that’s been largely forgotten over the past couple of thousand years. But it holds the keys to internal sovereignty. My goal with Sovereign Stoic is to bring that way of thinking and living back into the conversation and help more people discover its power.

At the core of Stoicism is the idea of controlling your reactions, your desires, and your judgments. These aren’t just “nice-to-have” traits, they’re essential in a world as chaotic and manipulated as ours.

And they’re exactly what we’re missing today.

The world tells you to follow every impulse. To rage online. To compare yourself constantly. But the Stoics knew that the only thing you can truly control is your own mind.

So instead of pointing fingers or playing the victim, we need to start with ourselves. Discipline. Reflection. Restraint. Not just talking the talk, but actually walking it.

Enter Bitcoin

Bitcoin is the tool that gives us external sovereignty. It’s not just better money, it’s a whole new way of opting out of broken systems. It’s the first real chance we have to reclaim our time, our savings, and our independence from corrupt central banks and weaponised finance.

It’s wild how few people understand what Bitcoin enables. And that’s okay. It’s only been around for 16 years. The best things always take time.

But for those of us who do get it, Bitcoin is more than a store of value, it’s a statement. It’s responsibility. No bailouts. No middlemen. No excuses.

You hold your keys, or you don’t. You prepare, or you suffer. Simple as that.

As the world gets more censorious, more controlled, and more chaotic, Bitcoin becomes more necessary. Not just as money, but as a way of life.

The Overlap

Here’s where it all connects.

Both Stoicism and Bitcoin are about agency. They ask you to take full ownership of your life. In a world where everything is built for convenience, where you can tap a screen and have anything delivered, human agency is being eroded. We’ve become soft.

But Stoicism reminds us: life isn’t meant to be easy. Growth happens through challenge. Mastery through struggle. Character through pain.

And Bitcoin? It doesn’t coddle you either. It demands responsibility. Long-term thinking. Patience. Sound judgment.

These two worlds — Stoic philosophy and the Bitcoin protocol, aren’t just compatible. They belong together.

The Mission

The goal of Sovereign Stoic is to explore this intersection and help more people reclaim control over their minds and their money.

The past 100 years have softened us. We’ve handed over responsibility for our lives, our wealth, and our futures. That needs to change, and I believe it is changing.

Stoicism and Bitcoin both teach the same lesson: live with discipline, take full responsibility, and build something that matters. Not just for yourself, but for the people around you. For your family. For your community. For the future.

Final Invitation

If this speaks to you, even just a little I invite you to join the journey.

Subscribe. Reflect. Drop a comment. Let’s build this space together.

Self-mastery doesn’t come overnight. It takes effort, commitment, and a lot of failures along the way. But the fact that you're reading this means you’re already on the path.

And that’s a damn good start.

Fix the money. Fix the mindset.\ Become a Sovereign Stoic.

---

*Get this newsletter sent to your inbox: https://sovereignstoic.substack.com/

@ b1ddb4d7:471244e7

“Not your keys, not your coins” isn’t a slogan—it’s a survival mantra in the age of digital sovereignty.

The seismic collapses of Mt. Gox (2014) and FTX (2022) weren’t anomalies; they were wake-up calls. When $8.7 billion in customer funds vanished with FTX, it exposed the fatal flaw of third-party custody: your bitcoin is only as secure as your custodian’s weakest link.

Yet today, As of early 2025, analysts estimate that between 2.3 million and 3.7 million Bitcoins are permanently lost, representing approximately 11–18% of bitcoin’s fixed maximum supply of 21 million coins, with some reports suggesting losses as high as 4 million BTC. This paradox reveals a critical truth: self-custody isn’t just preferable—it’s essential—but it must be done right.

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

• Rehypothecation Risk: Most platforms lend your bitcoin for yield generation. When Celsius collapsed, users discovered their “held” bitcoin was loaned out in risky strategies.
• Account Freezes: Regulatory actions can lock withdrawals overnight. In 2023, Binance suspended dollar withdrawals for U.S. users citing “partner bank issues,” trapping funds for weeks.
• Data Vulnerability: KYC requirements create honeypots for hackers. The 2024 Ledger breach exposed 270,000 users’ personal data despite hardware security.

True Self-Custody
Self-custody means exclusively controlling your private keys—the cryptographic strings that prove bitcoin ownership. Unlike banks or exchanges, self-custody eliminates:

• Counterparty risk (no FTX-style implosions)
• Censorship (no blocked transactions)
• Inflationary theft (no fractional reserve lending)

Conquering the Three Great Fears of Self-Custody

Fear 1: “I’ll Lose Everything If I Make a Mistake”

Reality: Human error is manageable with robust systems:

• Test Transactions: Always send a micro-amount (0.00001 BTC) before large transfers. Verify receipt AND ability to send back.
• Multi-Backup Protocol: Store seed phrases on fireproof/waterproof steel plates (not paper!). Distribute copies geographically—one in a home safe, another with trusted family 100+ miles away.
• SLIP39 Sharding: Split your seed into fragments requiring 3-of-5 shards to reconstruct. No single point of failure.

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

• Hardware Wallets: Devices like Bitkey or Ledger keep keys in “cold storage”—isolated from internet-connected devices. Transactions require physical confirmation.
• Multisig Vaults: Bitvault’s multi-sig system requires attackers compromise multiple locations/devices simultaneously. Even losing two keys won’t forfeit funds.
• Air-Gapped Verification: Use dedicated offline devices for wallet setup. Never type seeds on internet-connected machines.

Fear 3: “My Family Can’t Access It If I Die”

Reality: Inheritance is solvable:

• Dead Man Switches: Bitwarden’s emergency access allows trusted contacts to retrieve encrypted keys after a pre-set waiting period (e.g., 30 days).
• Inheritance Protocols: Bitkey’s inheritance solution shares decryption keys via designated beneficiaries’ emails. Requires multiple approvals to prevent abuse.
• Public Key Registries: Share wallet XPUBs (not private keys!) with heirs. They can monitor balances but not spend, ensuring transparency without risk.

The Freedom Dividend

1. Censorship Resistance: Send $10M BTC to a Wikileaks wallet without Visa/Mastercard blocking it.
2. Privacy Preservation: Avoid KYC surveillance—non-custodial wallets like Flash require zero ID verification.
3. Protocol Access: Participate in bitcoin-native innovations (Lightning Network, DLCs) only possible with self-custodied keys.
4. Black Swan Immunity: When Cyprus-style bank bailins happen, your bitcoin remains untouched in your vault.

The Sovereign’s Checklist

1. Withdraw from Exchanges: Move all BTC > $1,000 to self-custody immediately.
2. Buy Hardware Wallet: Purchase DIRECTLY from manufacturer (no Amazon!) to avoid supply-chain tampering.
3. Generate Seed OFFLINE: Use air-gapped device, write phrase on steel—never digitally.
4. Test Recovery: Delete wallet, restore from seed before funding.
5. Implement Multisig: For > $75k, use Bitvault for 2-of-3 multi-sig setup.
6. Create Inheritance Plan: Share XPUBs/SLIP39 shards with heirs + legal documents.

“Self-custody isn’t about avoiding risk—it’s about transferring risk from opaque institutions to transparent, controllable systems you design.”

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

• MPC Wallets: Services like Xapo Bank shatter keys into encrypted fragments distributed globally. No single device holds full keys, defeating physical theft.
• Social Recovery: Ethically designed networks (e.g., Bitkey) let trusted contacts restore access without custodial control.
• Biometric Assurance: Fingerprint reset protocols prevent lockouts from physical injuries.

Lost keys = lost bitcoin. But consider the alternative: entrusting your life savings to entities with proven 8% annual failure rates among exchanges. Self-custody shifts responsibility from hoping institutions won’t fail to knowing your system can’t fail without your consent.

Take action today: Move one coin. Test one recovery. Share one xpub. The path to unchained wealth begins with a single satoshi under your control.

@ cae03c48:2a7d6671

Bitcoin Magazine

Mapping Bitcoin’s Bull Cycle Potential

Bitcoin’s Market Value to Realized Value, or MVRV ratio, remains one of the most reliable on-chain indicators for identifying local and macro tops and bottoms across every BTC cycle. By isolating data across different investor cohorts and adapting historical benchmarks to modern market conditions, we can generate more accurate insights into where Bitcoin may be headed next.

The Bitcoin MVRV Ratio

The MVRV Ratio compares Bitcoin’s market price to its realized price, essentially the average cost basis for all coins in the network. As of writing, BTC trades around $105,000 while the realized price floats near $47,000, putting the raw MVRV at 2.26. The Z-Score version of MVRV standardizes this ratio based on historical volatility, enabling clearer comparisons across different market cycles.

Figure 1: Historically, the MVRV Ratio and the MVRV Z-Score have accurately identified cycle peaks and bottoms. View Live Chart

Short-Term Holders

Short-term holders, defined as those holding Bitcoin for 155 days or less, currently have a realized price near $97,000. This metric often acts as dynamic support in bull markets and resistance in bear markets. Notably, when the Short Term Holder MVRV hits 1.33, local tops have historically occurred, as seen several times in both the 2017 and 2021 cycles. So far in the current cycle, this threshold has already been touched four times, each followed by modest retracements.

Figure 2: Short Term Holder MVRV reaching 1.33 in more recent cycles has aligned with local tops. View Live Chart

Long-Term Holders

Long-term holders, who’ve held BTC for more than 155 days, currently have an average cost basis of just $33,500, putting their MVRV at 3.11. Historically, Long Term Holder MVRV values have reached as high as 12 during major peaks. That said, we’re observing a trend of diminishing multiples each cycle.

Figure 3: Achieving a Long Term Holder MVRV value of 8 could extrapolate to a BTC price in excess of $300,000. View Live Chart

A key resistance band now sits between 7.5 and 8.5, a zone that has defined bull tops and pre-bear retracements in every cycle since 2011. If the current growth of the realized price ($40/day) continues for another 140–150 days, matching previous cycle lengths, we could see it reach somewhere in the region of $40,000. A peak MVRV of 8 would imply a price near $320,000.

A Smarter Market Compass

Unlike static all-time metrics, the 2-Year Rolling MVRV Z-Score adapts to evolving market dynamics. By recalculating average extremes over a rolling window, it smooths out Bitcoin’s natural volatility decay as it matures. Historically, this version has signaled overbought conditions when reaching levels above 3, and prime accumulation zones when dipping below -1. Currently sitting under 1, this metric suggests that substantial upside remains.

Figure 4: The current 2-Year Rolling MVRV Z-Score suggests more positive price action ahead. View Live Chart

Timing & Targets

A view of the BTC Growth Since Cycle Lows chart illustrates that BTC is now approximately 925 days removed from its last major cycle low. Historical comparisons to previous bull markets suggest we may be around 140 to 150 days away from a potential top, with both the 2017 and 2021 peaks occurring around 1,060 to 1,070 days after their respective lows. While not deterministic, this alignment reinforces the broader picture of where we are in the cycle. If realized price trends and MVRV thresholds continue on current trajectories, late Q3 to early Q4 2025 may bring final euphoric moves.

Figure 5: Will the current cycle continue to exhibit growth patterns similar to those of the previous two cycles? View Live Chart

Conclusion

The MVRV ratio and its derivatives remain essential tools for analyzing Bitcoin market behavior, providing clear markers for both accumulation and distribution. Whether observing short-term holders hovering near local top thresholds, long-term holders nearing historically significant resistance zones, or adaptive metrics like the 2-Year Rolling MVRV Z-Score signaling plenty of runway left, these data points should be used in confluence.

No single metric should be relied upon to predict tops or bottoms in isolation, but taken together, they offer a powerful lens through which to interpret the macro trend. As the market matures and volatility declines, adaptive metrics will become even more crucial in staying ahead of the curve.

For more deep-dive research, technical indicators, real-time market alerts, and access to a growing community of analysts, visit BitcoinMagazinePro.com.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.

This post Mapping Bitcoin’s Bull Cycle Potential first appeared on Bitcoin Magazine and is written by Matt Crosby.

@ 0b65f96a:7fda4c8f

Es gibt Bibliotheken voll Literatur zur „Kunst“ der Kriegsführung. Dies hier ist ein Beitrag zu den Bibliotheken der Kunst Frieden zu führen. Denn Frieden ist nicht die Abwesenheit von Krieg. Sondern eine mindestens ebenso intensive Aktivität. Worin genau besteht sie aber? Ich glaube darin, weder nach der einen noch nach der anderen Seite vom Hochseil zu fallen. Denn vom Hochseil kann man immer nach zwei Seiten fallen. Das ist dann auch schon die Kernherausforderung: Gleichgewichthalten!

Es scheint zunächst ein ganz äußerlicher Auftrag. Es gibt immer und wird immer widerstreitende Interessen geben. Allerdings ist das nur die äußerste Zwiebelschale. Denn wenn wir die Sache etwas mit Abstand von uns selbst betrachten, werden wir in uns hinein verwiesen: Frieden kann nur von innen nach außen gestiftet werden. Wenn wir das Hochseil in uns suchen, was finden wir dann? – Zweifels ohne, wissen wir von uns, dass wir nicht jeden Tag unser bestes Selbst sind. Würde es sich nicht lohnen etwas genauer über die Möglichkeit nach zwei Seiten vom Hochseil zu fallen nachzudenken, zugunsten der eigenen Balancierfähigkeit?

Wir sind daran gewöhnt zu denken dem Guten steht das Böse gegenüber. Daraus ziehen ja alle Western und Martial Arts Streifen ihren Plot: Der Gute bringt den Bösen um die Ecke und damit hat wieder mal das Gute gesiegt. Wir bewerten das „um die Ecke bringen“ unterschiedlich, je nach dem, von wem es kommt.

Ich möchte einen neuen Gedanken vorschlagen über unser Inneres, über Gut und Böse nachzudenken. Denn, wie gesagt, vom Hochseil kann man nach zwei Seiten fallen. Und es hat immer drastische Wirkung. Wo kommen wir also hin, wenn wir sagen: Frieden ist immer ein Gleichgewichtszustand, ergo eine Zeit der Mitte?

Sagen wir Toleranz ist ein erstrebenswertes Ideal. Dann würden wir sicher sagen Engstirnigkeit ist das Gegenteil davon und alles andere als Wünschenswert. Ja, so ist es gewiss. Und es bleibt hinzuzufügen, auch Beliebigkeit ist das Gegenteil von Toleranz. Denn es gibt eine Grenze, wo Toleranz nicht mehr Toleranz ist, sondern Beliebigkeit, ein „alles ist möglich“. Ähnlich können wir es für Großzügigkeit denken: Großzügigkeit ist ein erstrebenswertes Ideal. Ihr Gegenteil ist Geiz. Ihr anderes Gegenteil die Verschwendung. Oder Mut. Mut ist ein erstrebenswertes Ideal. Feigheit sein Gegenteil. Sein anderes Gegenteil ist Leichtsinn. Mit andern Worten: Das Ideal wird immer zum Hochseil. Und wir können immer nach zwei Seiten von ihm fallen. Wenn wir diesem Gedanken folgen, kommen wir weg von der Gut-Böse-Dualität. Und stattdessen zur Frage nach dem Gleichgewicht. Zur Frage nach der Mittezeit.

Natürlich steht es uns frei all das zu denken. Oder auch nicht zu denken. Denn selbstverständlich ist es möglich es nicht zu denken und bei einer Dualitätsvorstellung festhängen zu bleiben. Es wird uns nur nicht helfen Frieden zu denken und in Frieden zu handeln. Wenn wir wollen können wir durch das Aufspannen einer Trinität einen neuen Raum eröffnen und betreten. In ihm wird Frieden aktiv führbar, denn er wird eine Gleichgewichtssituation in uns selbst! – Nicht eine, sich einander gegenüberstehender äußerer Mächte!

Gehen wir noch einen Schritt weiter in unserer Betrachtung, können wir feststellen, dass es durchaus einen Unterschied macht nach welcher Seite wir runter fallen. Denn auf der einen Seite ist es immer eine Verengung: Engstirnigkeit, Geiz, Feigheit in unseren Beispielen. Auf der anderen ist es immer eine Zersplitterung oder Versprühung. In unseren Beispielen Beliebigkeit, Verschwendung und Leichtsinn. Und das erstrebenswerte ist eben immer die Mitte, das von uns ständig aktualisierte Gleichgewicht.

Das interessante ist, wo diese Mitte liegt, lässt sich niemals statisch festlegen. Sie ist immer dynamisch. Denn sie kann zu unterschiedlichen Momenten an unterschiedlicher Stelle liegen. Es ist immer ein Ich, das sich in Geistesgegenwart neu ausbalanciert. Und darum ist Frieden so schwer. Wir werden ihn niemals „haben“, sondern ihm immer entgegen gehen.

Der Kriegsruf ist nichts anderes, als ein Versuch von denen, die vom Hochseil gefallen sind, uns auch herunter zu kicken.

Netter Versuch. Wird aber nichts!

In der Nussschale: Die Dualität auflösen in die Trinität der balancierenden Mitte zwischen der Geste der Versteinerung und der Geste des Zerstäubens oder Zersplitterns. Die dynamische Qualität der Mitte bemerken. Oder, tun wir es nicht, ist das gleich der erste Anstoß, der uns wieder zum Wackeln bringt. Und des Ich´s gewahr werden, das balanciert. Frieden führen ist eine Kunst.

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Dieser Beitrag wurde mit dem Pareto-Client geschrieben.

Noch nicht auf Nostr? Hier entlang zum leichten Einstieg!

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Patric I. Vogt, geb. 1968 in Mainz. Autor von „Zukunft beginnt im Kopf Ein Debattenbeitrag zur Kernsanierung von Rechtsstaat und Demokratie“. Lebt als freischaffender Künstler, Lehrer und Unternehmer. Über drei Jahrzehnte Beschäftigung mit dem Ideenfeld soziale #Dreigliederung und Anthroposophie. Moderation und Mediation von sozialen Prozessen und Organisationsentwicklung. Staatlich ungeprüft, abgesehen von den Fahrerlaubnissen zu Land und zu Wasser. Motto: Gedanken werden Worte, werden Taten! www.perspektivenwechsel.social

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@ df478568:2a951e67

About 156,000 blocks ago, I went to a Taco Shop for a bitcoin meetup. I asked my favorite question, “Do you accept bitcoin?”

“Yes," he said as he handed me a Toast Terminal with a BTCpayServer QR code. ]

Awesome!

12,960 blocks later, I took my dad to the taco shop. We ordered food. I asked my favorite question once again.

“Uh…Yeah, but I don't know how to work the machine.”

"Dough!🤦"

It's been a problem in the past, but now lightning payments are about to be ubiquitous. Steak N Shake is taking bitcoin using Speed Wallet and Block is implementing bitcoin payments by 2026 in all legal jurisdictions. I have tested both of these so you don't have to. Just kidding. I geek out on this stuff, but both work great. You can pay with your sats by scanning a screen on a QR code. The employees don't need to be bitcoin lightning network experts. You can just pay as easy as a credit card.

There were 35,000 people at the bitcoin conference, and 4,187 transactions were made. It was a world record. Wait, I thought they said there could only be 7 transactions per second! No, not anymore. Now we can use bitcoin for shopping. I can pay for tacos at taco trucks.

How You Can Accept Bitcoin At Your Business

Coinos is a simple bitcoin point of sale information that acts like a cash register. Bitcoin is peer-to-peer electronic cash. Coinos is a cash register and you should treat it as such. If you make a few hundred thousand sats at the end of the night, you should sweep the bitcoin into your own wallet.. You can use Aqua, AlbyHub, Bull Bitcoin wallet, or whatever your favorite lightning enabled wallet is to withdraw. You'll need a password. Do not lose this. I have tried the automatic withdraws, but it did not work for me. I'm no concerned because this is not a wallet I intend to keep a lot of sats in for a long time.

Here is my coinos payment terminal.

https://coinos.io/ZapthisBlog/receive

I made the QR code with libreqr.com/

Now I have an online bitcoin cash register. The Bitcoiners know how to pay for stuff with sats. They will be proud to show you too. If you're nerdy, you can use all the cool kid tools now, but we will just focus on the lightning address. Anyone can send you sats with a lightning address with just a QR code.

At the end of the night, you cash out to your own wallet. Again, this assumes you have an Aqua Wallet or any other lightning enabled wallet, but all it takes to accept bitcoin at your brick and mortar store is to create an account with Coinos and print out a QR code. It's a quick and easy way to start accepting bitcoin even if you don't expect many clients to shop with sats.

Tips

This is not just a cash register. Employees can also make their own Coinos wallet and receive tips from bitcoiners. Anyone can accept payments using this system. Your kids could use it to sell lemonade for sats. You are only limited by your imagination. When will you begin accepting bitcoin payments? It is easier than ever. You do not need to train employees. You do not need to be in the store. Bitcoin is peer-to-peer electronic cash so you can give it away like cash. I don't know what the tax rules on cash are. You need to verify that with your own jurisdiction. This is not financial or tax advice. This is for informational purposes only.

Remember, this is a custodial wallet. Not your keys not your bitcoin. Don't keep more sats than you are willing to lose on custodial wallets. Sweep your wallet early and often. Loss of funds is possible. There is a small fee for liquidity management too. Do your own research.

@ 3bf0c63f:aefa459d

Parallel Chains

We want merged-mined blockchains. We want them because it is possible to do things in them that aren't doable in the normal Bitcoin blockchain because it is rightfully too expensive, but there are other things beside the world money that could benefit from a "distributed ledger" -- just like people believed in 2013 --, like issued assets and domain names (just the most obvious examples).

On the other hand we can't have -- like people believed in 2013 -- a copy of Bitcoin for every little idea with its own native token that is mined by proof-of-work and must get off the ground from being completely valueless into having some value by way of a miracle that operated only once with Bitcoin.

It's also not a good idea to have blockchains with custom merged-mining protocol (like Namecoin and Rootstock) that require Bitcoin miners to run their software and be an active participant and miner for that other network besides Bitcoin, because it's too cumbersome for everybody.

Luckily Ruben Somsen invented this protocol for blind merged-mining that solves the issue above. Although it doesn't solve the fact that each parallel chain still needs some form of "native" token to pay miners -- or it must use another method that doesn't use a native token, such as trusted payments outside the chain.

How does it work

With the SIGHASH_NOINPUT/SIGHASH_ANYPREVOUT soft-fork[^eltoo] it becomes possible to create presigned transactions that aren't related to any previous UTXO.

Then you create a long sequence of transactions (sufficient to last for many many years), each with an nLockTime of 1 and each spending the next (you create them from the last to the first). Since their scriptSig (the unlocking script) will use SIGHASH_ANYPREVOUT you can obtain a transaction id/hash that doesn't include the previous TXO, you can, for example, in a sequence of transactions A0-->B (B spends output 0 from A), include the signature for "spending A0 on B" inside the scriptPubKey (the locking script) of "A0".

With the contraption described above it is possible to make that long string of transactions everybody will know (and know how to generate) but each transaction can only be spent by the next previously decided transaction, no matter what anyone does, and there always must be at least one block of difference between them.

Then you combine it with RBF, SIGHASH_SINGLE and SIGHASH_ANYONECANPAY so parallel chain miners can add inputs and outputs to be able to compete on fees by including their own outputs and getting change back while at the same time writing a hash of the parallel block in the change output and you get everything working perfectly: everybody trying to spend the same output from the long string, each with a different parallel block hash, only the highest bidder will get the transaction included on the Bitcoin chain and thus only one parallel block will be mined.

See also

• Drivechain

[^eltoo]: The same thing used in Eltoo.

@ 5ea46480:450da5bd

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

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

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

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

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

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

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

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

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

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

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

@ 9ca447d2:fbf5a36d

Wall Street is warming up to Bitcoin and getting closer and closer to it.

Cantor Fitzgerald, one of the oldest and most respected investment banks on Wall Street, has launched a $2 billion bitcoin-backed lending program.

They’ve reportedly already done their first deals, lending to two big digital asset companies: FalconX and Maple Finance.

This is a big step in connecting traditional finance to the fast-moving world of Bitcoin.

Cantor’s new service allows big investors, hedge funds and asset managers, to borrow money using bitcoin as collateral.

This is a game changer for institutions that hold bitcoin, as they can now access liquidity without having to sell their assets.

“Institutions holding bitcoin are looking to broaden their access to diverse funding sources,” said Christian Wall, co-CEO and global head of fixed income at Cantor Fitzgerald.

“And we are excited to support their liquidity needs to help them drive long term growth and success.”

The loans are not speculative or unsecured.

They are structured like traditional finance deals, backed by the borrower’s bitcoin. This reduces the risk for Cantor while giving bitcoin-holding companies new ways to grow and operate.

The first recipients of Cantor’s lending program are FalconX, a digital asset brokerage, and Maple Finance, a blockchain-based lending platform.

FalconX confirmed they secured a credit facility of over $100 million. Maple Finance also received the first tranche of their loan from Cantor.

This comes at a time when the bitcoin lending space is recovering after a tough period. Several big firms went under in 2022 and investor confidence was shaken.

Now with traditional finance on board, bitcoin-backed lending has returned. According to Galaxy Research the total size of the digital asset lending market grew to $36.5 billion in Q4 2024.

Cantor’s move into bitcoin-backed lending isn’t new. They announced their plans in July 2024 and have been building their presence in the Bitcoin space since then.

Earlier this year, they partnered with Tether, SoftBank and Bitfinex to launch Twenty One Capital, a $3.6 billion fund to buy over 42,000 bitcoin.

In May 2025 Cantor Equity Partners merged with Twenty One Capital and bought nearly $459 million worth of bitcoin.

They also own around $1.9 billion in shares of Strategy, a company that holds a lot of bitcoin. Clearly Cantor believes in bitcoin as a long-term asset.

Cantor is also a big player in the stablecoin space.

They manage U.S. Treasury reserves for Tether, the company behind the $142 billion USDT stablecoin. This adds another layer of trust and credibility to Cantor’s digital asset involvement.

To secure the bitcoin used as collateral, Cantor has partnered with digital asset custodians Anchorage Digital and Copper.co.

These companies are known for their robust security and institutional-grade infrastructure. Cantor hasn’t disclosed loan terms or interest rates but confirmed the lending will follow current regulations.

This also shows how traditional financial players are embracing DeFi.

Maple Finance for example allows undercollateralized lending using blockchain. By backing companies like Maple, Cantor is innovating while still having control and compliance.

For years, bitcoin-backed loans were only available through digital-asset-native companies like Genesis, BlockFi, and Ledn.

These loans were mostly for smaller clients and retail investors. But with Cantor’s entry, the scale and professionalism of bitcoin lending are expanding.

@ 8bad92c3:ca714aa5

Marty's Bent

via Matt Corallo

A lot of the focus over the last couple of months has been on the emergence of Strategy competitors in public markets looking to build sizable bitcoin treasuries and attract investors of all shapes and sizes to drive shareholder value. The other big topic in the bitcoin development world has been around OP_RETURN and the debate over whether or not the amount of data that can be shoved into a bitcoin transaction should be decided by the dominant implementation.

A topic that is just as, if not more, important that is not getting enough appreciation is the discussion around open source bitcoin developers and the lingering effects of the Biden administration's attack on Samourai Wallet and Tornado Cash. If you read our friend Matt Corallo's tweet above, you'll notice that the lingering effects are such that even though the Trump administration has made concerted efforts to reverse the effects of Operation Chokepoint 2.0 that were levied by the Biden administration, Elizabeth Warren, and her friends at the Treasury and SEC - it is imperative that we enshrine into law the rights of open source developers to build products and services that enable individuals to self-custody bitcoin and use it in a peer-to-peer fashion without the threat of getting thrown in jail cell.

As it stands today, the only assurances that we have are from an administration that is overtly in favor of the proliferation of bitcoin in the United States. There is nothing in place to stop the next administration or another down the line from reverting to Biden-era lawfare that puts thousands of bitcoin developers around the world at risk of being sent into a cage because the government doesn't like how some users leverage the code they write. To make sure that this isn't a problem down the line it is imperative that we pass the Blockchain Regulatory Clarity Act, which would not hold bitcoin developers liable for the ways in which end users leverage their tools.

Not only is this an act that would protect developers from pernicious government officials targeting them when end users use their technology in a way that doesn't make the government happy, it will also protect YOU, the end user, looking to transact in a peer-to-peer fashion and leverage all of the incredible properties of bitcoin the way they were meant to be. If the developers are not protected, they will not be able to build the technology that enables you to leverage bitcoin.

So do your part and go to saveourwallets.org. Reach out to your local representatives in Congress and Senators and make some noise. Let them know that this is something that you care deeply about and that they should not only pay attention to this bill but push it forward and enshrine it into law as quickly as possible.

There are currently many developers either behind bars or under house arrest for developing software that gives you the ability to use Bitcoin in a self-sovereign fashion and use it in a privacy-preserving way. Financial privacy isn't a crime. It is an inalienable human right that should be protected at all cost. The enshrinement of this inalienable right into law is way past due.

FreeSamourai #FreeRoman

Headlines of the Day

Trump's Truth Social Files for Bitcoin ETF - via X

Norway's K33 Makes First Bitcoin Treasury Buy - via X

SolarBank Adopts Bitcoin Treasury Strategy - via X

Get our new STACK SATS hat - via tftcmerch.io

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

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Final thought...

Should I join a country club?

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@ c9badfea:610f861a

1. Install Food You (it's free and open source)
2. Launch the app and tap the ⚙️ icon
3. Tap Meals and set up your meal schedule (these items will appear on the main screen)
4. Go back and then tap Calorie Goal to configure your daily intake goal
5. Return to the main screen
6. Now you can tap + on a card (e.g. Breakfast) to add a meal
7. Tap + and select Product
8. You can now fill in the details manually
   • Or tap Download Product, paste the URL of the product from OpenFoodFacts (e.g. https://world.openfoodfacts.org/product/6111242101180/lait-entier-uht-jaouda), and then tap Download
9. Tap Create
10. You can now adjust intake details like servings
11. Tap Save
12. Add more products and recipes and start tracking your nutrition!

ℹ️ Once you have created enough products, you can tap + on a meal card on the main screen, then tap + and select Recipe to create recipes from products

ℹ️ Internet connection is only used to optionally fetch product details via URLs; otherwise, the app works completely offline

@ 3bf0c63f:aefa459d

A estrutura lógica do livro didático

Todos os livros didáticos e cursos expõem seus conteúdos a partir de uma organização lógica prévia, um esquema de todo o conteúdo que julgam relevante, tudo muito organizadinho em tópicos e subtópicos segundo a ordem lógica que mais se aproxima da ordem natural das coisas. Imagine um sumário de um manual ou livro didático.

A minha experiência é a de que esse método serve muito bem para ninguém entender nada. A organização lógica perfeita de um campo de conhecimento é o resultado final de um estudo, não o seu início. As pessoas que escrevem esses manuais e dão esses cursos, mesmo quando sabem do que estão falando (um acontecimento aparentemente raro), o fazem a partir do seu próprio ponto de vista, atingido após uma vida de dedicação ao assunto (ou então copiando outros manuais e livros didáticos, o que eu chutaria que é o método mais comum).

Para o neófito, a melhor maneira de entender algo é através de imersões em micro-tópicos, sem muita noção da posição daquele tópico na hierarquia geral da ciência.

• Revista Educativa, um exemplo de como não ensinar nada às crianças.
• Zettelkasten, a ordem surgindo do caos, ao invés de temas se encaixando numa ordem preexistentes.

@ 57d1a264:69f1fee1

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

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

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

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

₿e Creative, have Fun! :D

https://stacker.news/items/1002329

@ ea39b0da:29a1710d

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@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

TOBAM: A Strategic Long-Term Backer

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

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

What It Means for Bitcoin For Corporations

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

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

A Treasury Engine, Not Just a Treasury

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

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

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

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

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

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

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

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

Teil 1 finden Sie hier.

Möchtest du das wirklich?

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

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

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

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

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

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

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

Gesehen werden

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

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

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

– Hermann Hesse

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

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

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DIE FRIEDENSTAUBE FLIEGT AUCH IN IHR POSTFACH!

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

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Schuld und Frieden

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

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

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

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

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

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

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

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

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

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LASSEN SIE DER FRIEDENSTAUBE FLÜGEL WACHSEN!

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

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

Schon jetzt können Sie uns unterstützen:

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• Ab 1000 CHF werden Sie Genossenschafter der Friedenstaube mit Stimmrecht (und bekommen lebenslanges Abo, T-Shirt/Hoodie).

Für Einzahlungen in CHF (Betreff: Friedenstaube):

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Betreff: Friedenstaube

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

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

@ 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

@ 374ee93a:36623347

Chef's notes

Start your day the self sovereign way

Details

• ⏲️ Prep time: 10 mins
• 🍳 Cook time: 15 mins
• 🍽️ Servings: 4

Ingredients

• 1lb Jar Bottled Rhubarb https://jimblesjumble.netlify.app/item/a0c35618722834ac714d0a47058a2adc76ee7485a6b74f5da5f9eb2d3fb5d879
• 1pt Homemade Custard (3/4pt cream, 3 large eggs, 100g honey, 1/2 tbspn vanilla extract)
• 4 Handfuls Granola
• 1 Node https://plebeian.market/products/huxley@nostrplebs.com/start-9-node-y22zfjp8x6

Directions

1. Whisk together the cream, eggs, honey and vanilla
2. Chill overnight or serve warm with 1/4 jar of stewed rhubarb and a large handful of granola per person
3. Consolidate some UTXOs on your node
4. Have a Good Morning

@ 3bf0c63f:aefa459d

Channels without HTLCs

HTLCs below the dust limit are not possible, because they're uneconomical.

So currently whenever a payment below the dust limit is to be made Lightning peers adjust their commitment transactions to pay that amount as fees in case the channel is closed. That's a form of reserving that amount and incentivizing peers to resolve the payment, either successfully (in case it goes to the receiving node's balance) or not (it then goes back to the sender's balance).

SOLUTION

I didn't think too much about if it is possible to do what I think can be done in the current implementation on Lightning channels, but in the context of Eltoo it seems possible.

Eltoo channels have UPDATE transactions that can be published to the blockchain and SETTLEMENT transactions that spend them (after a relative time) to each peer. The barebones script for UPDATE transactions is something like (copied from the paper, because I don't understand these things):

OP_IF # to spend from a settlement transaction (presigned) 10 OP_CSV 2 As,i Bs,i 2 OP_CHECKMULTISIGVERIFY OP_ELSE # to spend from a future update transaction <Si+1> OP_CHECKLOCKTIMEVERIFY 2 Au Bu 2 OP_CHECKMULTISIGVERIFY OP_ENDIF

During a payment of 1 satoshi it could be updated to something like (I'll probably get this thing completely wrong):

OP_HASH256 <payment_hash> OP_EQUAL OP_IF # for B to spend from settlement transaction 1 in case the payment went through # and they have a preimage 10 OP_CSV 2 As,i1 Bs,i1 2 OP_CHECKMULTISIGVERIFY OP_ELSE OP_IF # for A to spend from settlement transaction 2 in case the payment didn't went through # and the other peer is uncooperative <now + 1day> OP_CHECKLOCKTIMEVERIFY 2 As,i2 Bs,i2 2 OP_CHECKMULTISIGVERIFY OP_ELSE # to spend from a future update transaction <Si+1> OP_CHECKLOCKTIMEVERIFY 2 Au Bu 2 OP_CHECKMULTISIGVERIFY OP_ENDIF OP_ENDIF

Then peers would have two presigned SETTLEMENT transactions, 1 and 2 (with different signature pairs, as badly shown in the script). On SETTLEMENT 1, funds are, say, 999sat for A and 1001sat for B, while on SETTLEMENT 2 funds are 1000sat for A and 1000sat for B.

As soon as B gets the preimage from the next peer in the route it can give it to A and them can sign a new UPDATE transaction that replaces the above gimmick with something simpler without hashes involved.

If the preimage doesn't come in viable time, peers can agree to make a new UPDATE transaction anyway. Otherwise A will have to close the channel, which may be bad, but B wasn't a good peer anyway.

@ cae03c48:2a7d6671

Bitcoin Magazine

President Trump’s Truth Social Files S-1 Form For Bitcoin ETF

Today, Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) filed with the US Securities and Exchange Commission (SEC) a Form S-1 for their upcoming Truth Social Bitcoin ETF.

The ETF, which will hold bitcoin directly, is designed to track the bitcoin’s price performance. 

“Truth Social Bitcoin ETF, B.T. is a Nevada business trust that issues beneficial interests in its net assets,” stated the Form S-1. “The assets of the Trust consist primarily of bitcoin held by a custodian on behalf of the Trust. The Trust seeks to reflect generally the performance of the price of bitcoin.”

The ETF is sponsored by Yorkville America Digital, LLC and will trade under NYSE Arca. The Trust’s assets primarily consist of bitcoin held by Foris DAX Trust Company, LLC, the designated bitcoin custodian. Crypto.com will act as the ETF’s prime execution agent and liquidity provider.

“Shares will be offered to the public from time to time at varying prices that will reflect the price of bitcoin and the trading price of the Shares on New York Stock Exchange Arca, Inc. at the time of the offer,” mentioned the Form S-1.

While the ETF offers investors a regulated avenue for bitcoin exposure, the Trust warned of several risks related to digital assets:

• Loss, theft, or compromise of private keys could result in permanent loss of bitcoin.
• Bitcoin’s reliance on blockchain and Internet technologies makes it vulnerable to disruptions and cyber threats.
• Environmental and regulatory pressures tied to high electricity use in bitcoin mining could impact market stability.
• Potential forks or protocol failures in the Bitcoin Network may lead to volatility and uncertainty in asset value.

Last week, during an interview at the 2025 Bitcoin Conference, Donald Trump Jr. announced that TMTG and Truth Social were forming a Bitcoin treasury with $2.5 billion. “We’re seriously on crypto—we’re seriously on Bitcoin,” said Trump Jr. “We’re in three major deals. I believe we’re at the beginning of what will be the future of finance. And the opportunity is massive.”

The day after that interview, Eric Trump and Donald Trump Jr., joined by American Bitcoin Executive Chairman and Board Member Mike Ho, CEO Matt Prusak, and Altcoin Daily founder Aaron Arnold, discussed the future of Bitcoin.

“The whole system is broken and now all of the sudden you have crypto which solves all the problems,” commented Eric Trump. “It makes everything cheaper, it makes everything faster, it makes it safer, it makes it more transparent. It makes the whole system more functional.“

“Everybody wants Bitcoin. Everybody is buying Bitcoin,” Eric added.

This post President Trump’s Truth Social Files S-1 Form For Bitcoin ETF first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

rückläufige Wirtschaft, zunehmende Firmenpleiten, Abwanderung von Unternehmen;

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

einseitige, weglassende Hofberichterstattung mit dem Hang zu Amnäsie;

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

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

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

existenzbedrohende Kontenkündigungen, wir machen dich fertig;

politischer Dummschwätz, Wiederholungen, Wiederholungen, Wiederholungen;

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

infantile Repräsentanz Deutschlands im Ausland, Abwesenheit von Diplomatie;

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

Angstpornos, bei ständigem Einlass in Kino 7;

lächerliche Preisverleihungen, armutsfördernde Preiserhöhungen;

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

Bevormundung, betreutes Denken, Fühlen, Wollen;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

* *

(Bild von pixabay)

@ 58537364:705b4b85

อารมณ์ คือ โลก - โลก คือ อารมณ์ อารมณ์ ในโลกปัจจุบันรวมอยู่ที่ วัตถุนิยม อารมณ์ จึงเป็นปัจจัยแห่งเหตุการณ์ทุกอย่างในโลก

…. “ เดี๋ยวนี้คําว่า “อารมณ์” ในภาษาไทยนั้น หมายถึงความรู้สึกในใจมากกว่า; เช่น พื้นเพของจิตใจในขณะนั้นเป็นอย่างไร, เรียกว่าอารมณ์ของเขาเป็นอย่างไร, อารมณ์กําลังดี อารมณ์กําลังไม่ดี, นี่ คําว่าอารมณ์ในภาษาไทยใช้กันไปเสียอย่างนี้ ; มันคนละเรื่องกับในภาษาบาลี ซึ่งคําว่า “อารมณ์” หมายถึง สิ่งที่จะเข้ามากระทบ ตา หู จมูก ลิ้น กาย ใจ.

…. ถ้ากระทบแล้วเกิดความรู้สึกอย่างไร งุ่นง่านอยู่ในใจ อันนั้นไม่ได้เรียกว่าอารมณ์; อันนั้นก็เรียกว่ากิเลสอย่างอื่น เช่น เรียกว่าตัณหาบ้าง อุปาทานบ้าง; ถ้าจัดเป็นพวกขันธ์ ก็เรียกว่า เวทนาขันธ์บ้าง สัญญาขันธ์บ้าง สังขารขันธ์บ้าง; ถ้าเป็นความคิดที่งุ่นง่านก็เรียกว่า “สังขารขันธ์” ทั้งนั้น ดังนั้น เราจะต้องถือเอาคําว่าอารมณ์ในบาลีมาเป็นหลัก …. คําว่า อารมณ์ ที่จะเข้าใจกันง่ายๆ ก็หมายความว่า รูป เสียง กลิ่น รส โผฏฐัพพะ ที่จะมากระทบ ตา หู จมูก ลิ้น กาย นี้ ๕ อย่าง แล้วก็ความรู้สึกเก่าแก่ที่จะมาผุดขึ้นในใจอีก เรียกว่า ธัมมารมณ์ ที่จะมากระทบใจในปัจจุบันนี้ นี้ก็เป็นอันหนึ่ง เลยได้เป็นอารมณ์ ๖. อารมณ์กระทบ ตา หู จมูก ลิ้น กาย ๕ อย่างข้างนอกนี้ก็สําคัญไปพวกหนึ่ง ที่ปรุงขึ้นภายในสําหรับกระทบใจโดยไม่ต้องอาศัย ตา หู จมูก ลิ้น กาย ใจ เลย ในเวลานั้นก็ยังมีอยู่นี้เรียกว่าธัมมารมณ์ นี้ก็ยิ่งสําคัญ: แต่ว่ารวมกันแล้วก็เรียกว่า อารมณ์ ได้ด้วยกันทั้งนั้น แปลว่า สิ่งที่จะมากระทบกับ ตา หู จมูก ลิ้น กาย ใจ นั่นเอง

…. นี้ ดูให้ละเอียดตามตัวหนังสือ คําว่า “อารมณ์” แปลว่า ที่หน่วงบ้าง แปลว่า ที่ยินดีบ้าง, มันมีความหมายละเอียดมาก. ถ้าถือเอาความหมายอย่างคนที่มีตัวตนเป็นหลัก ธรรมะในฝ่ายฮินดูหรือฝ่ายพรหมณ์เขาก็จะพูดว่า สําหรับจิตหรืออาตมันเข้าไปจับฉวยเอา. แต่ถ้าพูดอย่างภาษาชาวพุทธพูดอย่างนั้นไม่ได้ เพราะไม่มีจิตไม่มีอาตมันชนิดนั้น แล้วจิตนี้ก็เพิ่งเกิดขึ้นหลังอารมณ์กระทบแล้ว; เลยต้องพูดตามพระบาลีที่ว่า อาศัยตาด้วย อาศัยรูปด้วย ย่อมเกิดจักษุวิญญาณ; ตาอาศัยกับรูปคืออารมณ์นั้นได้แล้วจึงจะเกิดจักษุวิญญาณ วิญญาณหรือจิตนี้เกิดทีหลัง

…. ฉะนั้น จึงไม่พูดว่า อารมณ์นี้เป็นสิ่งสําหรับจิตหรือตัวตนเข้าไปจับฉวยยึดเอา; ถ้าพูดอย่างนั้นมันก็จะเป็นฮินดูหรือพราหมณ์ไป คือมีตัวตนไป. พูดอย่างพุทธไม่มีตัวตน ทุกอย่างไม่ใช่ตัวตน เป็นสักว่าธาตุ, ได้การปรุงแต่งที่เหมาะแล้วมันก็ปรุงแต่งเป็นสิ่งใหม่ขึ้นมา ในนั้นอาจจะมีความรู้สึกโง่ไปว่าเป็นตัวเราก็ได้

…. ฉะนั้น คําว่าอารมณ์ ถ้าถือตามหลักในทางพุทธศาสนา ก็แปลว่า สิ่งที่อาศัยกันกับจิต จะเรียกว่าเป็นที่หน่วงของจิตมันก็ยังได้: ถ้าเข้าใจผิดมันก็ผิดได้: เรียกว่าสิ่งที่อาศัยกับอายตนะ แล้วก็เกิดเป็นความรู้สึกเป็นจิตขึ้นมา จิตกําลังหน่วงสิ่งนั้นเป็นอารมณ์ก็ได้ แต่จะให้เป็นตัวตนนั้นไม่ได้

…. โดยพยัญชนะก็มีอยู่อย่างนี้ ตัวพยัญชนะก็ยังกํากวม อารมฺมณํ หรือที่มาจาก อาลมฺพนํ ก็แปลว่า ที่หน่วงของจิต. ถ้าจะถือว่ามาจาก รม ที่แปลว่า ยินดี ก็แปลว่า มันเป็นสิ่งที่หลงใหลยินดีของจิต อย่างนี้ก็ยังได้อีก

…. แต่ขอให้รู้จักจากภายในดีกว่าที่จะมารู้จักจากตัวหนังสือ เมื่อตากระทบรูป เมื่อหูกระทบเสียง เป็นต้น มันเกิดขึ้นในใจ, แล้วสังเกตเอาที่นั่นก็แล้วกัน ว่ารูปที่มากระทบตานั้นมันคืออะไร? เสียงที่มากระทบหูนั้นมันคืออะไร? จะค่อยเข้าใจแจ่มแจ้งขึ้นทีละน้อยๆ ว่าอารมณ์นั้นคืออะไร? แต่ให้เข้าใจไว้ทีหนึ่งก่อนว่าสิ่งที่เรียกว่าอารมณ์ๆที่มากระทบนี้ มันยังไม่ดีไม่ชั่ว ยังไม่จัดเป็นสิ่งดีสิ่งชั่ว มันต้องผสมปรุงแต่งเป็นความคิดอย่างนั้นอย่างนี้เสียก่อน จึงจะจัดเป็นดีเป็นชั่ว อารมณ์ล้วนๆยังไม่ดีไม่ชั่ว จะได้รู้จักป้องกัน อย่าให้เป็นไปในทางชั่ว, ให้เป็นไปแต่ในทางดีได้ตามปรารถนา

…. นี้เรียกว่าโดยพยัญชนะ โดยตัวหนังสือ คําว่า “อารมณ์” แปลว่า เป็นที่ยินดีแห่งจิต, เป็นที่ยึดหน่วงแห่งจิต; โดยเฉพาะภาษาอภิธรรมแล้วก็ใช้คําว่า “เป็นที่หน่วงเอาของจิต”, คือจิตย่อมหน่วงสิ่งใดสิ่งหนึ่งเป็นอารมณ์ แปลคําว่าอารมณ์บ้าง, อาลัมพนะ แปลว่า เป็นที่หน่วงเอา.

…. เดี๋ยวนี้เราเรียนพุทธศาสนาไม่ใช่เรามาเรียนหนังสือบาลี, เราจะเรียนพระธรรมคําสอนของพระพุทธเจ้า เราก็ต้องดูสิ่งที่เรียกว่าอารมณ์ โดยหลักของธรรมชาติที่ปรุงแต่งกันอยู่ในใจดีกว่า; ก็อย่างพระบาลีที่ได้ว่ามาแล้วข้างต้นว่า จกฺขุญฺจ ปฏิจฺจ รูเป จ อุปฺปชฺชติ จกฺขุวิญฺญาณํ = เพราะอาศัยตาด้วย รูปด้วย ย่อมบังเกิดจักษุวิญญาณ ติณฺณํ ธมฺมานํ สงฺคติ ผสฺโส - การประจวบกันของ ๓ สิ่งนี้เรียกว่า “ผัสสะ”, ผสฺสปจฺจยา เวทนา = เพราะผัสสะเป็นปัจจัยจึงเกิดเวทนา, อย่างนี้เรื่อยไปจนเกิดทุกข์ จนเกิดความทุกข์, นี้เรียกว่าโดยธรรมชาติ

…. สิ่งที่เรียกว่าอารมณ์มีอยู่โดยธรรมชาติที่จะเข้ามาอาศัยกันกับตาข้างใน ที่มีอยู่ในตัวคน. แล้วจะเกิดจักษุวิญญาณ เป็นต้น ขึ้นในตัวคน; จะเกิด ผัสสะ เวทนา ตัณหา อุปาทาน ภพ ชาติ ขึ้นในตัวคน; นี้โดยธรรมชาติ พระพุทธเจ้าท่านบันดาลอะไรไม่ได้ : ธรรมชาติเป็นอยู่อย่างนี้ แต่ท่านรู้เรื่องนี้ท่านจึงนํามาสอนว่า ธรรมชาติมันมีอยู่อย่างนี้ เราจะต้องเข้าใจให้ถูกต้อง โดยที่จะป้องกันความทุกข์ไม่ให้เกิดขึ้นมาได้, หรือถ้าเกิดขึ้นมาได้ก็จะดับเสียได้

…. เราควรจะรู้จักอารมณ์ในฐานะที่เป็นธรรมชาติอันหนึ่ง ที่มีอยู่ตามธรรมชาติ แล้วที่จะเข้ามาทําเรื่องทําราวขึ้นในจิตใจของคนเราให้เกิดปัญหายุ่งยากนี้ให้ดีๆ นี้เรียกว่ารู้จักอารมณ์จากธรรมชาติโดยตรงอย่างนี้ ดีกว่าที่จะรู้จักตามตัวหนังสือ, ดีกว่าที่จะรู้จักตามคําบอกเล่าบางอย่างบางประการที่มันไม่มีประโยชน์อะไร. รู้จักตามคําบอกเล่าก็รู้จักตามที่พระพุทธเจ้าท่านตรัสดีกว่า แต่แล้วยังไม่รู้จักตัวจริง จนกว่าจะมารู้จักจากที่เมื่ออารมณ์มากระทบตา หู จมูก ลิ้น กาย ใจ เข้าจริงๆ : นั่นจึงจะรู้จักอารมณ์ รู้จักผลที่เกิดขึ้นจากการกระทบของอารมณ์, รู้จักต่อไปตามลําดับ จนแก้ปัญหาต่างๆ ได้

…. นี่ ขอร้องให้รู้จักสิ่งที่เรียกว่า อารมณ์ ในฐานะที่เป็นธรรมชาติอันหนึ่ง ที่มีอยู่ตามธรรมชาติ ที่จะเข้ามากระทบอายตนะภายใน คือ กระทบ ตา หู จมูก ลิ้น กาย ใจ แล้วมีเรื่องมีราวมีปัญหา

อารมณ์ คือ โลก - โลก คือ อารมณ์ …. “ ที่นี้จะให้ดูต่อไปอีก ว่าโดยข้อเท็จจริงที่เป็นอยู่แล้ว อารมณ์นั้นคืออะไร? ถ้าจะพูดโดยข้อเท็จจริงหรือตามสถานการณ์ที่เป็นอยู่จริงในชีวิตของคนเรา อารมณ์มันก็คือ “โลก” นั่นเอง. เดี๋ยวนี้เราไม่รู้จักโลกในฐานะอย่างนี้, เราไปเข้าใจความหมายของคําว่าโลกแคบไปบ้าง หรือว่าเขวไปบ้าง.

…. ถ้าจะรู้ตามหลักพระพุทธศาสนาแล้ว โลกทั้งหมดก็คือสิ่งที่จะมาปรากฏแก่ ตา หู จมูก ลิ้น กาย ใจ ของเรา, เรามีเพียง ๖ อย่าง, แล้วมันก็ ปรากฏได้เพียง ๖ ทาง, มากกว่านั้นมันปรากฏไม่ได้ ดังนั้น โลกก็คือสิ่งที่จะมาปรากฏแก่ ตา หู จมูก ลิ้น กาย ใจ ๖ อย่างของเรา. “โลก” ก็คือ รูป เสียง กลิ่น รส โผฏฐัพพะ ธัมมารมณ์ ๖ ประการเท่านั้น, ไม่มีอะไรมากไปกว่านั้น

…. ฉะนั้น รูป เสียง กลิ่น รส โผฏฐัพพะ ธัมมารมณ์ แต่ละอย่าง ๆ ก็คือ โลกในแต่ละแง่ละมุม นั่นเอง, ที่เป็น รูป เสียง กลิ่น รส โผฏฐัพพะ ก็อยู่ข้างนอก จะเรียกว่าอยู่ข้างนอกก็ได้, ที่เป็นอารมณ์เกิดขึ้นในใจ ปรุงขึ้นในใจก็เรียกว่าโลกข้างในก็ได้ แต่มันก็เป็นโลกอยู่นั่นแหละ เพราะมันเป็นสิ่งที่จิตจะต้องรู้สึก จิตรู้สึกก็เรียกว่าโลกสําหรับจิต ตา หู จมูก ลิ้น กาย รู้สึก ก็เรียกว่าโลกสำหรับ ตา หู จมูก ลิ้น กาย. นี้ขอให้มองให้เห็นชัดตามพระพุทธประสงค์ว่า โลก ก็คือ อารมณ์, อารมณ์ ก็คือ โลก.

…. แต่ทีนี้ พระพุทธเจ้าท่านมองลึกกว่านั้น ท่านตรัสถึงข้อที่ว่า ถ้ามันมาเกิดเป็นปัญหาแก่เราเมื่อไรจึงจะเรียกว่า “มันมี” พอมันมาเป็นปัญหาแก่เราเมื่อไรก็เรียกว่า “เป็นทุกข์”; เพราะว่าเราได้ไปจับฉวยยึดถือเอาตามประสาตามวิสัยของคนที่ไม่รู้จักโลก ถ้าพูดว่าไม่รู้จักโลกแล้วคนก็มักจะไม่ยอมรับ เพราะว่าเขาจะพูดว่าเขารู้จักโลกดี. ยิ่งพวกฝรั่งสมัยนี้ นักวิทยาศาสตร์ปราดเปรื่องนั้น เขาจะไม่ยอมรับว่าเขาไม่รู้จักโลก. แต่ถ้าพูดตามหลักพุทธศาสนาแล้วก็จะพูดได้ว่ายังไม่รู้จักโลกเลย เป็นคนตาบอดยิ่งกว่าตาบอด; เพราะว่าฝรั่งเหล่านั้นรู้จักโลกแต่ในแง่สําหรับจะยึดมั่นถือมั่นเป็น “ตัวกู ของกู” จะครองโลกจะอะไร เอาประโยชน์ทุกอย่าง; เขารู้จักโลกในแง่นี้ อย่างนี้พุทธบริษัทไม่เรียกว่า “รู้จักโลก”; แต่ถือว่าเป็นคนตาบอดต่อโลก, หลงยึดมั่นถือมั่นในโลก. เพราะว่าคนเหล่านั้นไม่รู้จักโลกโดยความเป็นอารมณ์ ๖ ประการ คือ รูป เสียง กลิ่นรส โผฏฐัพพะ ธัมมารมณ์, แล้วเป็น “มายา” คือ เอาจริงไม่ได้ เป็นของชั่วคราวๆ หลอกให้เกิดความรู้สึกยึดมั่นถือมั่น

…. นี้เรารู้จัก เราไม่ไปหลงยึดมั่นถือมั่นกับมัน นี้จึงเรียกว่า “คนที่รู้จักโลก” ไปตามหลักของพุทธศาสนา, ฉะนั้น จึงไม่ยึดมั่นถือมั่นสิ่งใดโดยความเป็นตัวตน หรือโดยความเป็นของตน, เรียกว่าเป็นผู้รู้จักอารมณ์ ๖ ประการนั้นก็คือรู้จักโลกทั้งปวง, แล้วก็ไม่หลงไปในโลกในแง่ใดแง่หนึ่ง นี้เรียกว่า อารมณ์ ก็คือ โลก นั่นเอง ในความหมายที่ลึกที่สุดของพระพุทธสาสนา ไม่ใช่โลกก้อนดิน, ไม่ใช่โลกก้อนกลมๆ นี้. แต่มันหมายถึงคุณค่าอะไรที่มันมีอยู่ในโลกกลมๆ นี้ ที่จะเข้ามามาทําให้เกิดปัญหา ที่ตา ที่หู ที่จมูก ที่ลิ้น ที่กาย ที่ใจ ของคน. นั่นแหละคือตัวร้ายกาจของสิ่งที่เรียกว่า โลก เราจะต้องรู้จักในส่วนนี้ให้เพียงพอ

อารมณ์ในโลกปัจจุบันมารวมที่วัตถุนิยม …. ทีนี้ ดูอีกแง่หนึ่งก็โดยปัญหาที่กําลังมีอยู่ อารมณ์ในโลกนี้ในฐานะที่มันเป็นตัวปัญหาที่กําลังมีอยู่ มันมารวมอยู่ที่คําว่า “วัตถุนิยม”: หมายความว่า ตา หู จมูก ลิ้น กาย ใจ นี้ มันเป็นฝ่ายชนะ ไปหลงใหลในอารมณ์ รูป เสียง กลิ่น รส โผฏฐัพพะ ฯลฯ, แล้วก็เกิดนิยมหลงใหลในวัตถุเหล่านั้น จนเกิดความคิดใหม่ๆ, ปรุงแต่งไปในทางที่จะให้หลงใหลในโลกยิ่งขึ้นๆ, ความเจริญก้าวหน้า ในโลกสมัยนี้เป็นไปแต่ในทางอย่างนี้ ฉะนั้น จึงไกลความสงบ, ไกลสันติภาพ ไกลอะไรออกไปทุกที. การที่มนุษย์ที่มีปัญญาในโลกสมัยนี้ โดยเฉพาะฝรั่งที่ก้าวหน้านั้นเขาก็จัดโลกไปแต่ในแง่ของวัตถุมากขึ้นๆ: มันก็ไกลจากสันติภาพ ไกลจากความสงบสุขยิ่งขึ้นทุกที

…. ความสะดวกสบายที่ทําให้เกิดขึ้นมาได้นั้น ไม่ได้ช่วยส่งเสริมเกิดสันติภาพ; แต่มันช่วยให้เกิดความหลงในโลกนั้นเองมากขึ้น แล้วก็ช่วยให้หลงใหลใน “ตัวกู ของกู”, ยึดมั่นถือมั่นเห็นแก่ตัวมากขึ้น รวมกันแล้วมันไม่มีทางที่จะเกิดสันติภาพหรือสันติสุขในโลกได้เลย, จึงกลายเป็นความหลอกลวงเหลือประมาณ โลกจึงกลายเป็นความหลอกลวง, หรือสิ่งที่หลอกลวงเหลือประมาณใน เวลานี้ เราเรียกกันว่า ติดบ่วง หรือว่า ติดเหยื่อของวัตถุนิยม. คําพูดทั้งหมดนี้ ล้วนแต่เป็นการแสดงให้เห็นว่า อารมณ์นี้คืออะไร สิ่งที่เรียกว่าอารมณ์นั้น คือตัวโลกที่กําลังหลอกลวงเราอยู่ทุกวันอย่างยิ่ง โดยเฉพาะในปัจจุบันนี้เป็นวัตถุนิยม นี้คืออารมณ์”

พุทธทาสภิกขุ ที่มา : ธรรมบรรยายภาคมาฆบูชา ครั้งที่ ๗ หัวข้อเรื่อง “อารมณ์ คือ ปัจจัยแห่งเหตุการณ์ทุกอย่างในโลก” เมื่อวันที่ ๑๖ กุมภาพันธ์ ๒๕๑๗ จากหนังสือชุดธรรมโฆษณ์ เล่มชื่อว่า “ก ข ก กา ของการศึกษาพุทธศาสนา”

หมายเหตุ

“อารมณ์ ” ในทางพุทธศาสนา มี ๖ คือ... * ๑. รูปะ = รูป, สิ่งที่เห็น หรือ วัณณะ คือ สี * ๒. สัททะ = เสียง * ๓. คันธะ = กลิ่น * ๔. รสะ = รส * ๕. โผฏฐัพพะ = สัมผัสทางกาย * ๖. ธรรมารมณ์ = สิ่งที่ใจนึกคิด, อารมณ์ที่เกิดกับใจ

…. ทั้ง ๖ อย่างนี้ เป็นสิ่งสำหรับให้จิตยึดหน่วง เรียกอีกอย่างว่า "อายตนะภานนอก" ก็ได้

“อายตนะภายใน ๖” คือ ที่เชื่อมต่อให้เกิดความรู้, แดนต่อความรู้ฝ่ายภายใน มี * ๖ อย่าง คือ... * ๑. จักษุ - ตา * ๒. โสตะ - หู * ๓. ฆานะ - จมูก * ๔. ชิวหา - ลิ้น * ๕. กาย - กาย * ๖. มโน - ใจ

… หรือจะเรียกอีกอย่างว่า “อินทรีย์ ๖” ก็ได้ เพราะเป็นใหญ่ในหน้าที่ของตนแต่ละอย่าง เช่น จักษุ เป็นเจ้าการ(เป็นใหญ่)ในการเห็น เป็นต้น

ท. ส. ปัญญาวุฑโฒ – รวบรวม.

@ 3bf0c63f:aefa459d

Criteria for activating Drivechain on Bitcoin

Drivechain is, in essence, just a way to give Bitcoin users the option to deposit their coins in a hashrate escrow. If Bitcoin is about coin ownership, in theory there should be no objection from anyone on users having the option to do that: my keys, my coins etc. In other words: even if you think hashrate escrows are a terrible idea and miners will steal all coins from that, you shouldn't care about what other people do with their own money.

There are only two reasonable objections that could be raised by normal Bitcoin users against Drivechain:

1. Drivechain adds code complexity to bitcoind
2. Drivechain perverts miner incentives of the Bitcoin chain

If these two objections can be reasonably answered there remains no reason for not activating the Drivechain soft-fork.

1

To address 1 we can just take a look at the code once it's done (which I haven't) but from my understanding the extra validation steps needed for ensuring hashrate escrows work are very minimal and self-contained, they shouldn't affect anything else and the risks of introducing some catastrophic bug are roughly zero (or the same as the risks of any of the dozens of refactors that happen every week on Bitcoin Core).

For the BMM/BIP-301 part, again the surface is very small, but we arguably do not need that at all, since anyprevout (once that is merged) enables blind merge-mining in way that is probably better than BIP-301, and that soft-fork is also very simple, plus already loved and accepted by most of the Bitcoin community, implemented and reviewed on Bitcoin Inquisition and is live on the official Bitcoin Core signet.

2

To address 2 we must only point that BMM ensures that Bitcoin miners don't have to do any extra work to earn basically all the fees that would come from the sidechain, as competition for mining sidechain blocks would bid the fee paid to Bitcoin miners up to the maximum economical amount. It is irrelevant if there is MEV on the sidechain or not, everything that reaches the Bitcoin chain does that in form of fees paid in a single high-fee transaction paid to any Bitcoin miner, regardless of them knowing about the sidechain or not. Therefore, there are no centralization pressure or pervert mining incentives that can affect Bitcoin land.

Sometimes it's argued that Drivechain may facilitate the ocurrence of a transaction paying a fee so high it would create incentives for reorging the Bitcoin chain. There is no reason to believe Drivechain would make this more likely than an actual attack than anyone can already do today or, as has happened, some rich person typing numbers wrong on his wallet. In fact, if a drivechain is consistently paying high fees on its BMM transactions that is an incentive for Bitcoin miners to keep mining those transactions one after the other and not harm the users of sidechain by reorging Bitcoin.

Moreover, there are many factors that exist today that can be seen as centralization vectors for Bitcoin mining: arguably one of them is non-blind merge mining, of which we have a (very convoluted) example on the Stacks shitcoin, and introducing the possibility of blind merge-mining on Bitcoin would basically remove any reasonable argument for having such schemes, therefore reducing the centralizing factor of them.

@ 2cde0e02:180a96b9

pen; monochromized

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

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

https://stacker.news/items/1002414

@ 3eab247c:1d80aeed

Global Metrics

Here are the top stats from the last period:

• Total Bitcoin-accepting merchants: 15,306 → 16,284
• Recently verified (1y): 7,540 → 7,803 (the rest of our dataset is slowly rotting; help us before it's too late!)
• Avg. days since last verification: 398 → 405 (more mappers, please)
• Merchants boosted: 22 (for a total of 4,325 days, someone is feeling generous)
• Comments posted: 34

Find current stats over at the 👉 BTC Map Dashboard.

Merchant Adoption

Steak n’ Shake

The US 🇺🇸 is a massive country, yet its BTC Map footprint has been lagging relative to other countries ... that is until now!

In what came as a nice surprise to our Shadowy Supertaggers 🫠, the Steak ’n Shake chain began accepting Bitcoin payments across hundreds of its locations nationwide (with some international locations too).

According to CoinDesk, the rollout has been smooth, with users reporting seamless transactions powered by Speed.

This marks a significant step towards broader Bitcoin adoption in the US. Now to drop the capital gains tax on cheesburgers!

SPAR Switzerland

In other chain/franchise adoption news, the first SPAR supermarket in Switzerland 🇨🇭 to begin accepting Bitcoin was this one in Zug. It was quickly followed by this one in Rossrüti and this one in Kreuzlingen, in what is believed to be part of a wider roll-out plan within the country powered by DFX's Open CryptoPay.

That said, we believe the OG SPAR crown goes to SPAR City in Arnhem Bitcoin City!

New Features

Merchant Comments in the Web App

Web App users are now on par with Android users in that they can both see and make comments on merchants.

This is powered by our tweaked API that enables anyone to make a comment as long as they pass the satswall fee of 500 sats. This helps keep spam manageable and ensure quality comments.

And just in case you were wondering what the number count was on the merchant pins - yep, they're comments!

Here is an 👉 Example merchant page with comments.

Merchant Page Design Tweaks

To support the now trio of actions (Verify, Boost & Comment) on the merchant page, we've re-jigged the design a little to make things a little clearer.

What do you think?

Technical

Codebase Refactoring

Thanks to Hannes’s contributions, we’ve made progress in cleaning-up the Web App's codebase and completing long overdue maintenance. Whilst often thankless tasks, these caretaking activities help immensely with long-term maintainability enabling us to confidently build new features.

Auth System Upgrades

The old auth system was held together with duct tape and prayers, and we’re working on a more robust authentication system to support future public API access. Updates include:

• Password hashing
• Bearer token support
• Improved security practices

More enhancements are in progress and we'll update you in the next blog post.

Better API Documentation

Instead of relying on tribal knowledge, we're finally getting around to writing actual docs (with the help/hindrance of LLMs). The "move fast, break everything" era is over; now we move slightly slower and break slightly less. Progress!

Database Improvements

We use SQLite, which works well but it requires careful handling in async Rust environments. So now we're untangling this mess to avoid accidental blocking queries (and the ensuing dumpster fires).

Backup System Enhancements

BTC Map data comes in three layers of fragility:

• Merchants (backed up by OS - the big boys handle this)
• Non-OSM stuff (areas, users, etc. - currently stored on a napkin)
• External systems (Lightning node, submission tickets - pray to Satoshi)

We're now forcing two core members to backup everything, because redundancy is good.

Credits

Thanks to everyone who directly contributed to the project this period:

• Comino
• descubrebitcoin
• Hannes
• Igor Bubelov
• Nathan Day
• Rockedf
• Saunter
• SiriusBig
• vv01f

Support Us

There are many ways in which you can support us:

• Become a Shadowy Supertagger and help maintain your local area or pitch-in with the never-ending global effort.

• Consider a zapping this note or make a donation to the to the project here.

@ f0fd6902:a2fbaaab

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

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

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

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

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

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

To watch live :

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

https://stacker.news/items/1002382