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Marty's Bent

via levelsio

Over the weekend, prolific vibe coder levelsio took to X to complain about the state of housing affordability across Europe. Something that I was very happy to see considering the fact that there is a massive real estate affordability crisis across much of the world and it is important that people who are respected and have platforms speak out when they identify the problem as well. More eyes and focus on the problem is how something begins to get solved.

With that being said, I think levelsio is missing the forest for the trees by blaming institutionalized NIMBYism, burdensome regulations and governments hoarding land that should instead be given to developers to produce more housing supply. I quote tweeted this particular tweet on the subject from levelsio and wanted to take some time today to republish those thoughts here and expand on the topic.

It’s almost as if real estate is being used as a store of value asset instead of the consumable good that it is.

What @levelsio is observing here is called a “monetary premium”. A monetary premium is the value added on top of the consumable/aesthetic/location value of real estate.

This monetary premium exist because central banks and governments have distorted the market for money and people are forced to push value into assets that are scarce relative to dollars. Over the last 50 years real estate has been one of the relatively scarce assets of choice.

The housing affordability crisis is a negative externality of the market reaction to the corruption of money. It can only be fixed by re-introducing hard money into the economy that enables people to store value reliably. If that emerges they won’t have to store value in real estate, the monetary premium of real estate will dissolve and prices will correct to their proper valuations.

This is one of the problems that bitcoin solves.

It’s still early yet, but more and more people are recognizing the utility provided by a neutral reserve asset that can’t be manipulated by central planners. At scale, the effect on assets that have accumulated a monetary premium over decades will be material. All of these assets are significantly overvalued and their monetary premium are leaking into bitcoin.

Put another way, "It's the money, stupid." Now, this isn't to say that the supply of housing in certain areas being artificially restricted isn't having an effect on the price of housing. This is certainly true, especially in cities like San Francisco where there is a relatively strong demand because of the economic density of the area and the desire of many high agency and productive people to live there. But I would put forth that the monetary premium is still the bigger problem and no amount of de-regulation to enable the supply of housing to increase will solve the affordability crisis in the long-run. The only way to get to the root of this specific problem is via bitcoin's mainstream adoption as an apolitical uncontrollable asset with completely idiosyncratic risks when compared to any individual asset class.

Let's say the government did ease up regulations and local NIMBY sympathetics were shoved in a corner to allow new units to be built. This doesn't solve the problem in the short-run because there is a time-delay between when regulations are lifted and when new supply actually makes it to market. In the interim, governments and central banks are inevitably going to go further into debt and be forced to print money to monetize that debt. This will exacerbate inflation and even if new real estate units are brought to market, the builders/owners of those properties will likely have to demand elevated prices to attempt to keep up with inflation.

This also does nothing to solve the problem of real income and wage growth, which are significantly lagging real inflation. Even if prices came down because of a surge in supply, could the Common Man afford a down payment on the property? I'd be shocked if this was the case. And since it's likely not the case the only way to get people into these houses as "owners" would be to offer them zero-down financing, which makes people feel richer than they actually are and leads them to make financially ruinous decisions.

It's the money, stupid. People need a way to save so that they can buy in the first place. Fiat currency doesn't allow this and the only people who can save effectively are those who make enough money to funnel into substitute store of value assets like real estate.

As it stands today, the price-to-income ratio of real estate is 5.0x and the price-t0-rent index is 1.36. Up from 3.3x and 1.14x respectively where the metrics sat in the year 2000. The growth in these ratios is driven predominately via their monetary premium.

And guess what, it's about to get much worse. Donald Trump, Treasury Secretary Scott Bessent and Elon Musk have all signaled that the plan moving forward is to attempt to drive growth and productivity as high as possible while also letting deficits and the debt increase unabated, which means that inflation is likely to continue unabated and potentially increase.

It might make sense to get some bitcoin if that is the case.

via me

"Whale in the Pool" Risk That Could Destroy MSTY Investors

Jessy Gilger raised serious concerns about MSTY and similar derivative products that promise eye-popping yields. He pointed to the COVID crash where gold mining ETFs using derivatives collapsed 95% and never recovered, despite gold itself performing well. Jessy noted that while his team calculated reasonable MicroStrategy covered call yields of 16-22%, MSTY advertises 120% annualized distributions - a red flag that suggests these aren't sustainable dividends from profits, but potentially just returning investors' own capital.

"If a whale pees in the pool, everyone is affected." - Jessy Gilger

Jessy explained that when large investors need to exit these pooled products during market stress, they must sell derivative positions into illiquid markets with no buyers, potentially triggering catastrophic losses for all participants. His solution? Private pools through separately managed accounts that achieve similar income goals without the contagion risk of being trapped with panicking whales.

Check out the full podcast here for more on Gannett Trust's multi-sig solution, Bitcoin retirement planning and corporate treasury strategies.

Headlines of the Day

World's Largest Bitcoin Conference Starts Tomorrow- via X

Remixpoint to Buy Additional ¥1 Billion in Bitcoin - via X

Get our new STACK SATS hat - via tftcmerch.io

Marty to Judge Bitcoin World Record Try in Vegas - via X

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Ten31, the largest bitcoin-focused investor, has deployed 158,469 sats | $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...

Looking forward to a fun, productive and wholesome week in Las Vegas, Nevada.

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@ 9ca447d2:fbf5a36d

Bluebird Mining Ventures Ltd., a UK-listed gold exploration company, has made headlines after announcing it will convert future revenues into bitcoin. This is the first time a UK mining company has committed to having a bitcoin treasury.

Bluebird Mining on X

The news sent Bluebird’s stock flying, rising 63% to £0.6 in 48 hours.

Bluebird which has gold projects in South Korea and the Philippines says this is part of a broader plan to modernize how it manages its finances.

“By adopting a ‘gold plus a digital gold’ strategy, it offers the Company an opportunity to turn the page and look to the future and seek to attract a new type of shareholder,” said Aidan Bishop, Interim CEO and Executive Director.

The company’s management believes bitcoin’s rise as a financial asset reflects growing dissatisfaction with traditional stores of value like gold.

Gold has been a reliable hedge against inflation for centuries, but bitcoin is now being seen as a digital alternative – thanks to its limited supply and independence from central bank policies.

Related: Gold at Historic Low Against Bitcoin | A Paradigm Shift?

“Gold’s position as a store of value has been under threat due to the rising global adoption of bitcoin, which some commentators have described as ‘digital gold’,” Bluebird said in a statement.

The plan is simple. Revenue from Bluebird’s gold mining projects will be used to buy bitcoin. The company says this will allow it to preserve capital and have growth potential through exposure to the digital asset market.

The digital asset will be held on the company’s balance sheet as a long-term reserve asset, just like some companies hold gold or cash. Bluebird sees this as proactive, especially in today’s volatile world of inflation, high debt, and global geopolitical tensions. Bishop said:

“I am convinced that we are witnessing a tectonic shift in global markets and that Bitcoin will reshape the landscape of financial markets on every level.”

Bluebird Mining Ventures is a small but big-thinking company.

With 7 employees and operations across Asia, it’s focused on reopening high-grade gold mines that have been closed. Its main projects are the Gubong and Kochang mines in South Korea and the Batangas Gold Project in the Philippines.

In May 2025, the company renewed its mining permit in the Philippines and is finalizing a deal with its local partner to have a “free carry” — meaning it will hold a share of the future profits without putting in any more money.

At the same time, Bluebird is preparing legal action in South Korea to protect its existing assets there, so while it loves Bitcoin, it hasn’t forgotten its mining roots.

To lead this transformation, Bluebird is currently looking for a new CEO with Bitcoin experience. The company says the right leadership will be key to navigating this hybrid financial model that combines traditional resource extraction with modern financials.

@ f7d424b5:618c51e8

GAMERS, we're back in the virtual studio for another sophisticated and gentlemanly discussion on the most important topic in the media landscape: huge anime tiddies on the best and baddest Bodytype Bs you've ever seen. I think the VA strike ended too or something.

Stuff cited:

• SB steam charts
• Commentary by Megan Shipman
• Mujin video that shows the leaked discord messages from the SAG discord

Obligatory:

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

@ 9f2b5b64:e811118f

test

@ 9f2b5b64:e811118f

test

@ 8671a6e5:f88194d1

## ParentCoin; limitless

There's this almost altcoin-like pitch of parenthood these days. I might’ve fallen for the shiny marketing of parenthood — cute baby pics, promises of legacy, the whole “you’ll change the world” vibe. I even heard a would-be mom tell me once (true story) "You know having children, you don't have to be afraid of it, as a dad it doesn't cost as much as you think". \ These people actually believe that. Just like they've fallen for every fiat-scam out there: housing, cars, holidays in France, Nike shoes, 50% taxation, religion and main stream media subscriptions.\ \ It’s 2025, and I’m revisiting this like I’d revisit an old Lightning Network post. \ \ Having kids is like chasing an altcoin airdrop with a slick but buzzword laden whitepaper and a charismatic founder who’s probably exit-scamming as soon as he gets enough of your money in their bank account (yeah you see what I did there). If you're lucky that founder might twerk from time to time to get your attention. But don't hope for too much. Now change that diaper and work an extra job to pay for all of it while inflation murders you.\ \ While you do all that, the most damaging thing about the Having Children Shitcoin (HCS) is the time it takes. It literally can't be shorted like some token on an exchange. It laughs, plays around with your tech gadgets, has to be potty trained (like some altcoin founders) and needs attention, education and a lot of proof of work.\ But the damage is the time. \ The time it takes to do all that, is actually replacing value with time. \ Bitcoin might be a product of proof of work, HCS is not a product but the actual proof of work without the value proposition.\ On top of that, the founder usually lives rent-free in your head your whole life, or even worse: you literally live together with her/him.\ Imagine Satoshi Nakamoto living at your house right now. Like... hi Satoshi.. love your bitcoin man.\ "Yeah, thanks moth**f****r, when are going to buy more skittle and some toilet paper? We ran out 10 minutes ago when I shit all over your dirty toilet, ..."\ "Eh, But Satoshi, why don't you go to the shop to..."\ "Shut up you f'ing a--hole, you made me! You made me what I am today! You liked me when I invented thàh bitcoin right? Now get me some toilet paper and here's a list of items I want from the supermarket! Lazy dumb idiot."\ "You'll clean up the kitchen right?"\ "Yeah yeah, rolls eyes, after my Netflix series man... now get out"\ \ This might sound far-fetched but founders of shitcoins steal your money, while children steal your time ànd money while you have to endure the founders as well.

Time is slowly damaging you while you live your life further and further away from the hard-money proposition. Hell, you even will need to sell some hard money to get by. Because it's a rotten world and children make you short sighted about the future (it limits you to maximum 3 years ahead in my experience with people around me).

Long-term is your enemy Short-term is your prison

You’re hyped for the long-term gains—multi-generational dynasties, just like the elites—but the fine print? It’s a mess. I’m here to unpack the hope, the scepticism, and the grim reality of raising kids in a world that feels like it’s speedrunning towards the absolute bottom. Let me make that clearer:

Our power (as bitcoiners) doesn't grow with these new generations, because we're being out-Idiocracy'd at a rate we can’t reproduce our way out of. Bitcoiners don’t scale. Even if you produce two children that both become die-hard bitcoin maximalists (with a nasal voice and a fondness for TD-sequential analysis.

The Mirage of Birth Having a kid is like snagging a hyped-up crypto airdrop. You’re told it’s “free” value — new life, pure joy, a legacy token dropped into your wallet. Everyone’s tweeting about it, posting ultrasound pics like they just scored 10,000 USDC worth of free shitcoin tokens.

But then the transaction fees hit, getting another place to live more accommodating, getting a school, adopt a dad body demeaner while torpedoing your social life and having no fun other than baking cakes and getting less pussy than a laser pointer with dead batteries. Adjust for inflation), sleepless nights, a vortex of money being vaporized and a lifetime of HODLing a position you can’t dump nor short. You’re basically the holder of last resort for a diatribe of chaos. You’re the entry, the trade, and exit liquidity. The real kicker? Society’s cheering you on while you’re stuck debugging your life and seeing your time drained. You’re frozen in time, while you should be scaling ideas. \ \ Or getting more out of life than being the channelling of funds to a future fiat oppressed kid. Meanwhile, parents (if they stay together that is... with relations with kids having their own version of the bitcoin “halving”, be it every 7 years or so. The parents follow the higher noble goal and get some love and nice moments in return. \ \ They’re stacking diapers instead of sats, living above a dry cleaner next to a subway station that rattles your soul. You can’t short kids, no matter how much you see the “childfree” crowd thriving. The childfree crowd is also not always that neutral, as many of them want this same life, because the marketing, as with many shitcoins is excellent. It makes life more fun, more fulfilling, more whole, while promising you cheap, fast and always immutable transactions. You’re getting duped. \ You buy more stuff, more hobbies no one cares about, and smile at other parents at these gatherings like you’re at the whale room at a bitcoin conference in a bear market. Keep smiling, bitches. That’s you’re life now. The numbers don’t lie. Society sells parenthood as a Bitcoin-level HODL, but the safety net is thinner than a layer-2 solution created by an Albanian exchange.

Raising kids is like betting your airdropped tokens will moon into a blue-chip asset that takes care of you when you’re old. You’re hoping they’ll HODL your hand, not rug-pull you into a nursing home when their “value” spikes. It’s a gamble: will they be decent humans or turn into TikTok zombies? Back in the day, kids were economic assets, working the farm or whatever. Now? You’re praying they don’t ghost you after college or at least recognize all the proof of work you did for them. And yes, you can have a big impact on them, that’s something to be proud of if it works out. But in the end, you are you, a person, with dreams, hopes and needs. \ And your children are too,... they’ll always win. \ \ Teaching them to ride a bike is fun, but it’s like a shitcoin pumping on a founder’s tweet: fleeting, followed by a crash whenever you see the effects of your years of de-progress and social isolation. Socializing with other parents is like making friends with a fellow prisoner of war in some jungle camp, ... you’ll have to be nice because it’s all you have left of society’s pleasantries. So you make small talk or a little joke about a toy someone’s kid has brought to the playground. The real world would see these people piss all over your grave if they could. They’re the figurehead on a ship of fools. And you play along because you’re a total bitch that got stuck in the routine of the famous HCS. Finding trust is hard, certainly in a city’s virtual prison camp where you play Russian roulette for other people’s amusement. It’s like running a Lightning node — fun in theory, but you’re babysitting a system that crashes when you need it most. The highs are real, but “kinda fun” doesn’t cut it when you’re debugging life. \ \ The 35k to 200k € it will cost you throughout your life, is not measurable as gains or losses. Look at the lovely baby pictures, look at their school results, the painting they made especially for you saying “I love you, for the best dad/mom in the whole world”. It hits straight to your brain’s nucleus accumbens. It’s all the balanced injection of the right shot of chemical balanced reward center (ventral tegmental area) food. \ And people with kids wanted that because that’s what the system and urges are. Kids are a leveraged position with no stop-loss, unlike an airdrop you can dump when the hype fades. You’re all-in, praying society doesn’t crash before your “asset” matures. In the meanwhile, you get the occasional surprise through your mesolimbic pathway. \ \ "Happy you" proof of stakes' the unhappy you later. You could be in the Maldives diving into clear water while talking to another “founder”. Funny how that works. \ Meanwhile, the childfree are staking their tokens and chilling. \ Parents aren’t building dynasties; we’re just trying not to get rug-pulled by daycare costs and rotten school-systems that learn our kids to be obedient consumers and non-thinking parrots. It’s a financial social anti-grind with no cure, and the charts, unlike fiat-corporate nonsense, don’t lie.

The elites stack power like blue-chip stocks, minting wealth across centuries. Us? Our kids might be fighting over the leftovers while they battle their way through university diversity and mediocracy. Future generations are supposed to carry the torch, but consumerism and cultural decay make it feel like we’re being out-Idiocracy’d. \ We need to think long-term, teach kids to code, stack sats, and question the system. But above all else, we need them to learn that being more evil is more just. Being complacent in this farce of a system means always, and I mean always, that the multi-generational monsters will prevail. \ \ They’re more stubborn, faster, better educated and they take the shortcuts you can’t have. We have hard money, they have “hard world”.

Conclusion

Eighteen years into this parenting thing (or eight minutes—who’s counting?), it’s clear: kids are a shitcoin airdrop with no exit strategy for you. \ The highs are sweet, the costs are brutal, and the long-term. A gamble on humanity in a world trending toward a broad brush of average things made normal.

Maybe it’s not about winning the bitcoin standard, but betting on something bigger than yourself within yourself, even if that market’s rigged with traps and detractors everywhere. Stack sats, stack diapers, and pray your kids don’t rug-pull your heart. \ Because, let’s face it, we’re not the Rothschilds — we’re just HODLing and hoping. \ While we should be fighting with the hardest money. \ While your baby cries for more food, I hear Michael Jackson sing “If you can’t feed your baby hi hee-hee, then don’t have a baybaah”. \ \ The sad part is, that we're all torn between chasing the fiat-created dreams and the reality that everything is in fact a shitcoin sapping either your time, money or effort. \ Even within the bitcoin space, we don't realize what the next step should be.\ It certainly isn't big families. That's for sure.

AVB\ tipjar: https://allesvoorbitcoin.be/donate/

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🛡️ Tutorial: Secure SSH Access over Cloudflare Tunnel (Docker Optional)

🎯 Objective

Set up a Cloudflare Tunnel to securely expose SSH access to your system without revealing your home IP or requiring port forwarding. This enables secure remote access even behind NAT, CGNAT, or dynamic IP environments.

This guide:

• Uses Cloudflare Tunnels to proxy traffic
• Does not expose your home IP address
• Uses Docker + Docker Compose for orchestration (optional)
• Can be adapted to run under systemd directly if preferred

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🔧 Prerequisites

• A domain managed via Cloudflare DNS
• SSH server running on your machine (default port 22)
• Temporary access to the cloudflared CLI (for tunnel creation)

• Either:

• Docker and Docker Compose (used in this example), or

• A native systemd service (alternative not covered here)

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🪜 Step-by-Step Instructions

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1. Install and Authenticate cloudflared

Install cloudflared (temporary):

bash curl -L https://github.com/cloudflare/cloudflared/releases/latest/download/cloudflared-linux-amd64 \ -o cloudflared && chmod +x cloudflared && sudo mv cloudflared /usr/local/bin/

Login with your Cloudflare account:

bash cloudflared tunnel login

This will open a browser and link the machine to your Cloudflare zone.

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2. Create the Tunnel

Create a named tunnel:

bash cloudflared tunnel create ssh-tunnel

This creates a credential file, e.g.:

~/.cloudflared/5f84da12-e91b-4d2e-b4f0-7ca842f622f1.json

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3. Define the Tunnel Routing Configuration

Create the tunnel config:

bash nano ~/.cloudflared/config.yml

Example:

```yaml tunnel: ssh-tunnel credentials-file: /etc/cloudflared/5f84da12-e91b-4d2e-b4f0-7ca842f622f1.json

ingress: - hostname: secure-ssh.example.com service: ssh://localhost:22 - service: http_status:404 ```

Then bind the hostname to the tunnel:

bash cloudflared tunnel route dns ssh-tunnel secure-ssh.example.com

Replace secure-ssh.example.com with your own subdomain under Cloudflare management.

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4. Prepare File Permissions for Docker Use (Optional)

If using Docker, cloudflared runs as a non-root user (UID 65532), so grant it access to your config and credentials:

bash sudo chown 65532:65532 ~/.cloudflared sudo chown 65532:65532 ~/.cloudflared/*

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5. Define docker-compose.yml (Optional)

yaml version: "3.8" services: cloudflared: image: cloudflare/cloudflared:latest container_name: cloudflared-ssh-tunnel restart: unless-stopped volumes: - ${HOME}/.cloudflared:/etc/cloudflared:ro - ${HOME}/.cloudflared:/home/nonroot/.cloudflared:ro command: tunnel run ssh-tunnel network_mode: host

📝 Docker is used here for convenience and automation. You may alternatively run cloudflared tunnel run ssh-tunnel directly under systemd or a background process.

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6. Start the Tunnel

Start the container:

bash cd ~/docker/sshtunnel docker compose up -d docker logs -f cloudflared-ssh-tunnel

You should see Registered tunnel connection and other success logs.

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7. Connect to the Tunnel from Remote Systems

Option A: Ad-hoc connection with cloudflared access tcp

bash cloudflared access tcp --hostname secure-ssh.example.com --url localhost:2222

In another terminal:

bash ssh -p 2222 youruser@localhost

Option B: Permanent SSH Configuration

Edit ~/.ssh/config:

ssh Host secure-home HostName secure-ssh.example.com User youruser IdentityFile ~/.ssh/id_rsa ProxyCommand cloudflared access ssh --hostname %h

Then connect with:

bash ssh secure-home

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✅ Result

• Secure SSH access via a public domain (e.g., secure-ssh.example.com)
• No ports open to the public Internet
• IP address of your machine remains hidden from Cloudflare clients
• Easily extendable to expose other services in future

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🔁 Optional Enhancements

• Run as a systemd service instead of Docker for lower overhead
• Use autossh or systemd to maintain persistent reverse tunnels
• Expand to forward additional ports (e.g., Bitcoin RPC, application APIs)
• Apply strict firewall rules to limit SSH access to localhost only

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Autor: Bernd Schoepe. Dieser Beitrag wurde mit dem Pareto-Client geschrieben. Sie finden alle Texte der Friedenstaube und weitere Texte zum Thema Frieden hier. Die neuesten Pareto-Artikel finden Sie in unserem Telegram-Kanal.

Die Anmerkungen zum Text (Fußnoten) folgen aus technischen Gründen gesondert.

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Die neuesten Artikel der Friedenstaube gibt es jetzt auch im eigenen Friedenstaube-Telegram-Kanal.

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Dies ist Teil 3 des Essays. Lesen Sie hier Teil 1 und Teil 2.

IV  Denazifizierungsstopp und die „abgesagte“ NS-Aufarbeitung in der Adenauer-Ära

„Nie wieder Krieg, nie wieder Faschismus!“

Dieses Gelöbnis erfuhr seine Ausformulierung, als die durch Krieg und Verfolgung charakterlich tief geprägten und für ihr Leben gezeichneten Väter und Mütter des Grundgesetzes sich 1948 zum Parlamentarischen Rat versammelten. Dort hat man vor dem Erfahrungshintergrund des Totalitarismus Nazi-Deutschlands in den neunzehn Grundrechtsartikeln die Rechte der Menschen vor dem Staat festgeschrieben, die gegen staatliche „Willkür, Ungerechtigkeit und Gewalt“ (25) schützen sollen. Sie wurden zur Grundlage eines neuen Staatsverständnisses, das vom Humanismus und dem Geist der Aufklärung getragen sein sollte. Das Gelöbnis fand seinen verfassungsmäßigen Ausdruck also im Grundgesetz, das am 23. Mai 1949 feierlich in Bonn verkündet wurde. Dessen Geist manifestiert sich besonders in der sogenannten Ewigkeitsklausel der Menschenwürde (Art.1), die den Grundrechtsartikeln, dem Kanon der Menschen- und Bürgerrechte, vorangestellt wurde.

Doch die Unterschriften unter dem Grundgesetz waren kaum trocken, da wurde dieses Gelöbnis schon durch die Frontstaatenideologie des Kalten Krieges überlagert, konterkariert und in der Praxis sukzessive aufgehoben. Der Kalte Krieg hatte bereits begonnen und seine Akteure bedienten sich ungeniert der Vorurteile und Stereotypen, mit denen die Deutschen noch gut aus dem Dritten Reich vertraut waren. Grundiert vom militanten Anti-Kommunismus, der bekanntlich auch die Nazi-Ideologie stark angetrieben hatte, verstärkt durch die Wiederbewaffnung mit der sie begleitenden Aufnahme der BRD in die NATO, konsolidiert in der Zeit der Adenauer-Restauration in den 1950er Jahren, in der ein konservativ-elitäres Staatsdenken gegenüber radikaldemokratischen Bestrebungen klar dominieren und sich durchsetzen sollte, erwies die Aufarbeitung der NS-Vergangenheit sich als der größte und folgenreichste Rohrkrepierer in der Geschichte der noch jungen zweiten deutschen Republik. Erst mit den Frankfurter Auschwitz-Prozessen und stärker dann noch im Zusammenhang mit der Studentenrevolte Ende der 1960er Jahre sollte es zu neuen ernsthaften Bemühungen um gesellschaftliche Aufarbeitung kommen. 

Adenauers Ankündigung einer Beendigung der NS-Aufarbeitung, die er bereits in seiner ersten Regierungserklärung 1949 (!) vor dem Bundestag gab, dürfte auch und gerade aus heutiger Sicht von deutlich wichtigerer Bedeutung für das Fortleben autoritär-rechtsextremer, völkischer und nationalsozialistischer Gesinnungen und Haltungen in Deutschland gewesen sein als der Einzug der AfD in den Bundestag 2017, einschließlich aller geschichtsvergessenen und in ihrer Wortwahl geschmacklosen Äußerungen ihrer Politiker seither. 

Bemerkenswert sind die Worte, mit der Adenauer so früh der gesellschaftlichen Aufarbeitung der NS-Zeit eine klare Absage erteilte:

„Durch die Denazifizierung ist viel Unglück und viel Unheil angerichtet worden. (...) Im Übrigen dürfen wir nicht mehr zwei Klassen von Menschen in Deutschland unterscheiden, die politisch Einwandfreien und die politisch Nicht-Einwandfreien. Diese Unterscheidung muss baldigst verschwinden.“ (26)

Rasch wurden daraufhin die gesetzlichen Grundlagen geschaffen, um in den im Aufbau befindlichen bundesdeutschen Verwaltungsapparat über 50.000 NS-belastete Beamte wiedereinzugliedern, darunter auch viele, die zuvor dem Nazi-Unrechtsstaat als Mitglieder der Gestapo und der SS gedient hatten. Besonders im Bundesjustizministerium hatte ein Netzwerk aus Alt-Nazis unterhalb der ministeriellen Leitungsebene bis in die 1960er Jahre hinein das Sagen, mit großen, noch immer nicht vollständig aufgearbeiteten Auswirkungen auf die Gesetzgebung, durch die NS-Verbrecher in der BRD auf verschiedene Weisen vor Strafverfolgung geschützt wurden.  

Den ideologischen Hintergrund bildet dafür der Konservatismus, dem Adenauer, die CDU/CSU und andere politisch einflussreichen Kräfte anhingen, genauer gesagt das Elitedenken, das für diesen Konservatismus konstitutiv ist. Es erklärt, dass die Regierung lieber auf die alte Elite, auch wenn sie in weiten Teilen nationalsozialistisch belastet war, zurückgriff als ein neues, demokratisch-selbstbewusstes Beamtentum zu begründen und eine aus den verschiedenen Facetten des Widerstandes sich rekrutierende Führungsschicht aufzubauen. Denn die geeigneten Personen für diese Führungsschicht hätte man weitgehend nicht im eigenen Lager, sondern im Lager der politischen Gegner, bei Sozialdemokraten, Sozialisten, Kommunisten und Linksliberalen finden können. 

Fazit: Im Handumdrehen wurde der an das „Nie-Wieder!“– Versprechen an die zukünftigen Generationen geknüpfte, zumindest teilweise ernsthaft und aufrichtig angestrebte Neuanfang –verstanden als ein radikal zu vollziehender Bruch mit der faschistischen Vergangenheit – hintertrieben, entstellt, entkräftet und um seine Wirkung gebracht. Dabei spielte nicht zuletzt die schnell wieder angekurbelte Feindbildproduktion und Russophobie („alle Wege der Linken, Friedensfreunde, Anti-Militaristen und Neutralitätsbefürworter führen nach Moskau!“), eine wichtige Rolle.

Es ist daher kein Zufall, dass sie uns so verblüffend ähnlich auch heute wieder in Politik und Medien begegnet. Sie ist ein Herzstück der deutschen Nachkriegs-Lebenslüge namens „Vergangenheitsbewältigung“. Hier gilt einmal mehr der Satz, dass Untote bekanntlich länger leben.

Sie macht sich heute auch darin bemerkbar, dass die Tatsache, dass es sich bei dem Krieg gegen Russland nicht um einen Eroberungskrieg, sondern um einen Vernichtungsfeldzug gegen eine „minderwertige Rasse und Kultur“ handelte, im kollektiven Bewusstsein der Deutschen nicht verankert wurde. Sonst hätte der Hass auf die Russen und alles Russische gesellschaftlich nicht wieder hoffähig werden können.

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Exkurs zum Niedergang der deutschen Sozialdemokratie

Im Ringen um den Weg, den die Bundesrepublik in den 1950er Jahren nehmen sollte, wurden damals Sozialdemokraten, die sich nicht bedingungslos der Bollwerks- und Frontstaaten-Ideologie des Kalten Kriegs unterwarfen, als „vaterlandslose Gesellen“ diffamiert. Die SPD tat sich immer schwer damit, der Demagogie der bürgerlichen Parteien etwas entgegenzusetzen, da Antikommunismus bei breiten Teilen der Bevölkerung, getreu der Devise „je primitiver, desto besser bzw. wirkungsvoller“, auch nach Hitler verfing. 

Heute schlägt die Sozialdemokratische Partei die Aufrüstungs- und Kriegstrommel lieber selber kräftig mit und diffamiert die Angehörigen der Friedensbewegung und Verfechter einer Détente mit Russland als „Putin-Freunde“ und „Russlandversteher“ oder gar, ins absurd Metaphysische gesteigert als “gefallene Engel aus der Hölle“ (Olaf Scholz).

Mit dem Friedensnobelpreisträger und NS-Widerstandskämpfer Willy Brandt an der Spitze fuhr die SPD ihren größten Wahlerfolg ein – die von ihm geführte erhielt in der Bundestagswahl 1972 45,8 Prozent. Außenpolitisch überzeugte sie mit „Wandel durch Annäherung“ und „Wir wollen ein Volk guter Nachbar sein“. Nun ist sie beim Führungspersonal bei einem farblosen Apparatschik und Waffenlobbyisten (27) namens Lars Klingbeil und 16,4 % der Wählerstimmen angekommen. Zumindest die ebenso blasse und ideenlose Saskia Esken, die bei vielen einzig und allein für ihre Diffamierung von Demonstranten gegen das Corona-Unrecht („Covidioten“) in Erinnerung bleiben wird, zieht aus ihrer Unbeliebtheit nun die Konsequenz und tritt ab.

Indem die SPD, in Anbetracht der Friedensinitiativen Trumps die Chance verstreichen lässt, sich selbst in ihrer Politik gegenüber Russland zu korrigieren, um doch noch auf den Pfad der Diplomatie zurückzukehren und zu verhindern, dass auch noch der letzte Rest sozialdemokratischer Substanz über Bord geworfen wird, setzt Sozen-Konkursbeschleuniger Klingbeil zusammen mit BlackRock-Millionär Merz auf den Scholzschen Zeitenwende-Wahnsinn von 100 Milliarden für die Rüstung lieber noch weitere 500 Milliarden Euro drauf. Er und der den Kommiss-Ton perfekt beherrschende Pistorius, mit seinen Einlassungen zum „russischen Diktatfrieden“, der, wenn man ihn denn schon unbedingt so nennen will, ja nicht zuletzt auf das Konto der diplomatischen Untätigkeit der deutschen Regierung geht, besiegeln durch das von der Schuldenbremse befreite, in puncto Kostspieligkeit nach oben offene Aufrüstungs- und Militarisierungsprogramm, unter das in Wirklichkeit auch ein großer Teil der geplanten Infrastrukturmaßnahmen subsummiert werden wird (28), das Schicksal der ältesten Partei Deutschlands. Wissen diese SPD-Politiker wirklich nicht, was sie tun, wenn sie für die Profite der Rüstungswirtschaft alles verraten und auf lange Sicht verspielen, wofür diese Partei außen- und sozialpolitisch einmal stand und wofür sie gewählt wurde?    

All das, was die SPD als Friedens- und Entspannungspartei einmal zur stärksten politischen Kraft gemacht hat, wird nun wie im Wahn von ihr verleugnet und mutwillig, geschichtsvergessen-revanchistisch zerstört. Und nicht nur das: Die SPD liefert den Rechten (nein, nicht der AfD, sondern den sonstigen Extremisten der Mitte!) den Grund, den neoliberal bereits entkernten Sozialstaat weiter – ab jetzt aber mit Bulldozern statt mit der Spitzhacke – zu zerstören. Sie nimmt dafür auch weitere, schwere Beschädigungen der Legitimität unserer ohnehin dahinsiechenden Demokratie in Kauf. Die Demokratie liegt nämlich seit Corona bei uns auf der Intensivstation und muss, u.a. durch regierungsfinanzierte „NGOs“ und staatlich organisierte Anti-AfD-Demonstrationen, künstlich beatmet werden!

Schließlich war die SPD zusammen mit der Merz-Union sogar bereit, einen kalten Putsch gegen die Integrität des Parlamentarismus und die elementaren Spielregeln der Demokratie durchzuführen. Mit diesem Putsch hat man im abgewählten 20. Bundestag noch schnell politisch äußerst weitreichende Grundgesetzänderungen durchgesetzt – und das gegen die neuen Mehrheiten des bereits gewählten 21. Bundestages! Die durch Bruch des Wahlversprechens ermöglichte Grundgesetzänderung, stellt einen besonders beschämenden Akt der Machtanmaßung, Wählerverhöhnung und Demokratiemissachtung dar. Und sie verfehlte ihre Wirkung nicht. Kurz darauf konnten die Demoskopen neue Rekordwerte für die AfD messen, die nun als stärkste Partei noch vor der CDU lag. Das Merz-Manöver dürfte im Übrigen dafür gesorgt haben, dass ihm nach der Wahl zum Bundeskanzler, die ja alles andere als glatt verlief, ein Makel anhängt, der so gravierend ist, dass er für den Rest seiner Amtszeit (hoffentlich) nicht mehr zu tilgen sein wird.

Das besonders Irre, das nicht nur den Fall der SPD beschreibt, ihr Versagen aber besonders plastisch hervorhebt, ist, dass es seit Beginn des Ukraine-Kriegs innerhalb der EU (mit Ausnahme Orbans) keine diplomatischen Initiativen gegeben hat, um mit Russland wieder ins Gespräch zu kommen. Im Rückblick wirken da selbst die Kalten Krieger vor und während der Ostpolitik von Willy Brandt wie Appeasement-Politiker. 

Stattdessen war wiederholt eine Bundesaußenministerin zu vernehmen, die offenbar nur sehr eingeschränkt dazu imstande ist, ihre sprachliche Performanz dem hohen Amt angemessen zu kontrollieren. Sie wollte öffentlich „Russland ruinieren“ und erklärte dem Land ein anderes Mal, vor dem Europarat, beiläufig den Krieg. Dass Baerbock, die in ihrer Amtszeit in fast jedes diplomatische Fettnäpfchen getreten ist, jetzt zur zweithöchsten UN-Chef-Diplomatin gewählt wurde, ist Realsatire pur!

Polemik als geistiger Notwehrakt 

Doch Halt! – Gerade merke ich, wie mich mein Hang zur Polemik fortzureißen beginnt!

Die Polemik ist ein hilfreiches (und noch nicht ganz verbotenes!) geistiges Notwehr-Mittel in Zeiten eines zunehmend aggressiv aufgeheizten gesellschaftlichen Klimas. Wie soll man nicht zum Polemiker und Satiriker angesichts des grassierenden Wahnsinns der Politik und ihrer vielen verrückt und absurd anmutenden Pathologien und Regressionen werden, hinter denen bei genauerem Hinsehen dann doch oft auch Kalkül vermutet werden muss? Wie sind sie anders als Vorgänge zu deuten, die zur Abwicklung der Demokratie führen sollen? Vorgänge, die durch eben jene Kräfte betrieben werden, die „unsere Demokratie“ inflationär lobpreisen und nicht müde werden, ihre „Werte“ in Sonntagsreden hervorzuheben. Gleichzeitig werden diese Werte aber durch Cancel Culture, Zensur und Denunziation massiv von ihnen angegriffen und von innen immer weiter ausgehöhlt.

Definitiv verhält es sich heute so, dass der Hang zur Polemik dem Umstand geschuldet wird, dass wir mittlerweile in schier unglaublichen Zeiten von Travestie-Ausgeburten  leben. Diese machen es uns immer schwerer, nicht ganz die Bodenhaftung zu verlieren. All die wahnwitzigen Phänomenen, die wie wildgewordene Säue tagein tagaus durch das globale Dorf der Massenmedien in Echtzeit** getrieben werden, sie gefährden das Restvertrauen in den gesunden Menschenerstand und schränken die Möglichkeiten stark ein, einen halbwegs stabilen, geerdeten, vernunftgeleiteten Realitätsbezug aufrechtzuerhalten.

Und doch soll hier nicht ein weiteres Mal in dieser Façon mit der Regierungspolitik abgerechnet werden. Auf der Suche nach den tieferen Gründen für diese negativen Entwicklungen, soll stattdessen im zeithistorischen Material an einigen neuralgischen Stellen genauer nachgesehen und an der Oberfläche gekratzt werden, um die blinden Flecken bundesrepublikanischer Selbstwahrnehmung sichtbar zu machen.

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Bernd Schoepe, Jahrgang 1965,  Studium der Soziologie, Germanistik, Philosophie und Erziehungswissenschaften in Frankfurt/M. und Hamburg. Erstes und zweites Staatsexamen. Freier Autor, der zu bildungspolitischen, bildungssoziologischen- und bildungsphilosophischen Themen schreibt. Seit 2003 im Hamburger Schuldienst. Langjähriges GEW-Betriebsgruppen-Mitglied, ehem. Vertrauensmann, ehem. Mitglied der Hamburger Lehrerkammer. Hauptberuflich bin ich Politik- Deutsch- und Philosophielehrer an einer Hamburger Stadtteilschule. Kontakt: berndschoepe\@gmx.de

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LASSEN SIE DER FRIEDENSTAUBE FLÜGEL WACHSEN!

In Kürze folgt eine Mail an alle Genossenschafter, danke für die Geduld!

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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.

@ 2e8970de:63345c7a

Iran raising a red flag in war times? That's a bit. Sabrina Carpenters "persona" - she's doing a bit. In the pope election the cardinals locking themselves in a conclave and the white smoke thing - it's a bit. Everything is only a bit.

Maybe I'm just old and interpret too much into youth slang but - that's actually a HUGE cultural shift if young people think of nothing as authentic anymore. What even is authentic?

https://stacker.news/items/1006348

@ b83a28b7:35919450

This is the second installment in the series "The Net Appears" where I document my journey from being in a well-established and well-paying fiat job into the unknown world of independent work in freedom tech. Will I end up finding something truly inspiring and fulfilling, while being able to support my family? We'll find out over the course of the next few weeks.

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So this happened a couple of days ago:

nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqqsd6khjdmgmme3xrnzj5xn5tfwer5pjchh20mcp4lfemurfsj3v4wgsjw0uj

Let's back up a bit, because in the first installment of this series, I was still in limbo.

If you’d told me three weeks ago that corporate martyrdom could be negotiated like a farmers-market cantaloupe, I’d have laughed you off the Microsoft Teams grid. Yet there I was, video-boxed opposite my Senior Vice Priest of PowerPoint, calmly re-petitioning for a graceful guillotine.

His verdict: the guillotine is for optics only, and apparently it clashes with the brand guidelines. Laying off The AI Guy would look like we’d just unplugged the future for spare parts. Impossible. But the man did extend an olive branch the size of a bonsai: “Resign, and we’ll cash out your vacation - thirty glorious days of fiat.”

Not the three-month severance I’d fantasized about, but enough to buy time, dignity, and a respectable stack of Claude API credits. I signed before he could replace goodwill with an NDA.

And then I chose July 4 as my last day. Cue bald eagles, Sousa marches, and a slow-motion shot of me frisbee-flinging my employee badge into an erupting grill. Independence from fiat, by literal fireworks.

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Space Rush

The moment rumors of my exit hit Teams, meeting invites vanished like socks in a hotel dryer. I’ve used the liberated hours to launch A Muse Stochastic, my audio-visual fever dream where generative melodies court glitch-poetry and occasionally elope with Gemini Veo video frames. The first episode is live, pulsing somewhere between synaptic Vivaldi and quantum origami. So far it has six listeners and one confused Australian-shepherd (my most honest critic).

nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqy88wumn8ghj7mn0wvhxcmmv9uq3zamnwvaz7tmwdaehgu3wwa5kuef0qqsvhtdltg2k3guhmshgmgt3nc9ejy0ct96t7udm04r5mupplcmdtesppmn7x

Meanwhile the playwright in me, neglected for months beneath sprint plannings and quarterly road-maps, finally crawled into the light. “Waiting for Satoshi,” first conceived on a warm Prague evening exactly one year ago ( nostr:nprofile1qy0hwumn8ghj7en0deehgu3dw3jhxapwdah8yetwv3jhytnrdakj7qgcwaehxw309a5hxmrpdejzumn0wd68yvfwvdhk6tcqyzaz7w2gxdjcga0fz6qt3x8ehc83mpgpvmr2swwmuzzdqfn26m3q54mhg79 can attest to this), now wears its final coat of dialogue. Tomorrow it debuts on GitHub - Creative Commons, open-source, fork-and-prosper - perhaps the inaugural play to invite pull requests for stage directions. If anyone wishes to add a tap-dancing Lightning node, be my guest.

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Prague on the Horizon

Next week I return to BTC Prague, where ghosts of last year’s epiphany still linger near the pastry stand. This time I’m lugging camera gear, not corporate slide decks. Episode Two of Finding Home will be filmed there, featuring a wanderer whose bitcoined life map reads like Odysseus riding a Lightning invoice.

Perhaps my only conference of the year, I'm looking forward to catching up with friends old and new, and catch a whiff of that infectious bitcoin hopium.

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Micro-lessons from Week Three

1. Severance is a mindset. One month of paid vacation feels oddly richer than three months shackled to uncertainty.

2. Symbolism scales. Pick an Independence Day, any Independence Day, and watch the universe queue fireworks.

3. Creative backlogs age like fine kimchi. Leave an idea in brine for a year and it returns with extra tang.

4. Open source = open veins. Releasing art into the commons is terrifying until you remember blood circulates best when it moves.

5. Microsoft Teams silence is golden (parachute). Each canceled stand-up funds roughly eight bars of experimental synth.

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Gazing Forward

I still don’t know how mortgage, car payments, and teenage-soccer-tour fees will reconcile with my bank balance come August. Yet the dread that once clung to my ribcage has dissolved, replaced by a jittery anticipation - like the hush before a stadium crowd erupts. Every unknown now feels less like a void and more like a blank slide awaiting wild, irreverent doodles.

Next dispatch will likely come with reflections from Prague. The last two years, I was moved to unexpected tears on the final day, marveling at the sheer profundity of the human experience of the week past. Surely, that can't repeat for a third year in a row?

Until then, may your own nets appear exactly when logic insists they can’t - and may they be woven from liberated vacation days and the audible crackle of celebratory fireworks.

@ 6c05c73e:c4356f17

Isa Energia Brasil

Descrição da Empresa

A Isa Energia Brasil é uma das principais empresas do setor de transmissão de energia elétrica do Brasil. Anteriormente conhecida como ISA CTEEP (Companhia de Transmissão de Energia Elétrica Paulista), a companhia passou por um processo de rebranding em novembro de 2023 para refletir sua atuação em escala nacional, que se estende por 18 estados brasileiros.

• Papel no setor: Desempenha um papel crucial na infraestrutura energética do país, sendo responsável por transmitir aproximadamente 33% de toda a energia elétrica produzida no território nacional e 94% no estado de São Paulo.
• Controladora: A companhia é controlada pelo grupo colombiano ISA (Interconexión Eléctrica S.A.), um dos maiores conglomerados de transmissão de energia da América Latina, que detém uma participação majoritária em seu capital social.
• Vantagens: Essa conexão confere à Isa Energia Brasil um sólido respaldo técnico e financeiro, além de sinergias operacionais e de governança.

acoes isae4

Visão Geral da Empresa

A Isa Energia Brasil (ISAE4) é uma das maiores e mais importantes empresas de transmissão de energia elétrica do Brasil. Em termos simples, seu principal negócio é "transportar" a energia em alta tensão das usinas geradoras até as redes de distribuição que a levam para cidades e indústrias.

• Analogia: Pense nela como a gestora das grandes "rodovias" da eletricidade do país.

Mercado que Atua

O mercado de atuação da Isa Energia Brasil (ISAE4) é o setor de transmissão de energia elétrica, um segmento estratégico, altamente regulado e com características muito particulares dentro da cadeia de energia do Brasil. Para entender o mercado da empresa, é preciso conhecer 4 pilares principais:

1. O Modelo de Concessões Públicas

• Funcionamento: A Isa Energia Brasil não opera em um mercado aberto e tradicional. Sua atuação é baseada em concessões de longo prazo (geralmente 30 anos), adquiridas por meio de leilões públicos organizados pelo Governo Federal, através da ANEEL (Agência Nacional de Energia Elétrica).
• Como funciona: Nos leilões, o governo define os projetos (novas linhas de transmissão e subestações a serem construídas). Vence a empresa que se propõe a construir e operar a infraestrutura pelo menor valor de receita anual.
• Barreiras de entrada: Este modelo cria altíssimas barreiras para novos concorrentes, pois exige enorme capacidade de investimento (capital intensivo), conhecimento técnico especializado e habilidade para vencer disputas acirradas nos leilões.

2. A Previsibilidade da Receita (RAP)

• Receita Anual Permitida (RAP): É a remuneração que a empresa tem direito a receber por disponibilizar suas linhas de transmissão em perfeitas condições de operação. O valor da RAP é definido no leilão e reajustado anualmente por um índice de inflação (geralmente o IPCA), o que protege a receita da desvalorização da moeda.
• Baixo risco: Como a receita é fixa e garantida por contrato, o risco operacional é muito baixo. A empresa recebe o valor integral desde que suas linhas e subestações estejam funcionando. Se houver falhas, ela pode ser penalizada com um desconto na receita, por isso a eficiência na operação e manutenção é fundamental.

3. Posicionamento Estratégico e Geográfico

• Dominância: É responsável por transportar aproximadamente 33% de toda a energia elétrica produzida no Brasil e impressionantes 94% da energia consumida no estado de São Paulo, o maior centro de carga do país.
• Capilaridade nacional: Embora sua origem seja paulista (antiga CTEEP), a empresa expandiu sua atuação e hoje possui ativos em 18 estados brasileiros, o que a posiciona como um player de relevância nacional.
• Principais concorrentes: Seus principais competidores no setor de transmissão são outras grandes empresas como a Eletrobras, TAESA e Alupar, que também disputam ativamente os leilões da ANEEL.

4. Vetores de Crescimento e Perspectivas

• Transição energética: O Brasil está aumentando massivamente sua capacidade de geração de energia renovável, especialmente eólica e solar. A maioria dessas novas usinas está localizada no Nordeste e no norte de Minas Gerais, longe dos grandes centros consumidores (Sudeste). Isso cria uma necessidade urgente de construir novas "autoestradas" de energia para escoar essa produção, garantindo uma demanda contínua por novos projetos de transmissão.
• Crescimento da demanda: O crescimento econômico e populacional do país, além da eletrificação da economia (ex.: carros elétricos), aumenta a necessidade geral de energia, exigindo uma rede de transmissão cada vez mais robusta e confiável.

Oportunidades que o Ativo Traz

As principais oportunidades que a empresa traz são:

• Alta previsibilidade de receita devido à Receita Anual Permitida (RAP).
• Expansão em investimentos de infraestrutura.
• Contratos de concessão renovados e com longa duração.

Isso tudo torna a empresa uma excelente pagadora de dividendos e JCP. No último anúncio da empresa, foram destinados R$2,36 por ação de juros sobre capital próprio, o que a torna um excelente ativo para o longo prazo.

quadro de jcp da isae4

Riscos

Por ser uma empresa que atua no setor de energia elétrica, ela assume alguns riscos que precisam ser monitorados de perto, tais como:

• Natureza (escassez de chuvas): Pode prejudicar a geração de energia e, como consequência, reduzir a transmissão de energia elétrica. Consulte aqui.
• Riscos regulatórios e governamentais (o principal): A empresa opera em um setor regulado pela ANEEL e sob concessões do governo.
• Financeiro: Para financiar seus projetos, a empresa precisa se endividar via debêntures, que são atreladas à Selic. Qualquer variação altera o financeiro da empresa.
• Dividendos: Pode ser uma faca de dois gumes, pois está previsto pagamentos muito maiores no futuro, o que pode retardar o crescimento da empresa devido ao pagamento excessivo.
• Risco operacional: Tudo que envolve intervenção humana pode ter falhas, mesmo que a empresa opere com alta eficiência hoje. Alguém pode “dormir no ponto”.

Tabela de Endividamento

A dívida bruta da companhia atingiu R$ 14.952,1 milhões no 1T25, aumento de R$ 1.678,3 milhões (+12,6%) em relação ao saldo final do 4T24. O aumento se deve, principalmente, à:

• 18ª emissão de debêntures no montante de R$ 1.400,0 milhões em março de 2025.
• 4º desembolso do BNDES em janeiro de 2025 com valor de R$ 82,1 milhões.

A companhia concluiu a 18ª emissão de debêntures no 1T25, levantando R$ 1.400,0 milhões em 2 séries: - Primeira série: R$ 500,0 milhões com custo de IPCA + 7,41% e vencimento em setembro de 2033. - Segunda série: R$ 900,0 milhões com custo de IPCA + 7,41% e vencimento em junho de 2033.

Catalisadores

Os pontos-chave que considero ao investir na empresa são:

• Parceria com a Taesa ampliada. Matéria aqui.
• Alta previsibilidade de receita devido à Receita Anual Permitida (RAP).
• Nova rodada de emissão de debêntures para ampliação de investimentos.
• Previsão de queda da Selic para 12,5% em 2026, o que tornaria “os débitos da empresa mais baratos”.
• Alta perspectiva de aumento no pagamento de dividendos e JCP ao longo dos próximos anos.

cotacao da isase4 lucro liquido isae4

FAQ

A ação ISAE4 é uma boa ação para investir?

Cada um deve fazer sua análise, mas acreditamos que é uma empresa sólida e com bons fundamentos.

Qual é o preço justo da ação ISAE4?

Não há uma base sólida para calcular o preço justo. Na nossa ótica, o ativo está subvalorizado.

Qual o DY da ISAE4?

Dividendo de 10,2% anunciado em 2021.

Como declarar o ISAE4?

A declaração do ISAE4 é dividida em três partes principais:

1. Declaração da Posse das Ações (o que você tinha em carteira).
2. Declaração dos Rendimentos Isentos (Dividendos).
3. Declaração dos Rendimentos de Tributação Exclusiva (Juros Sobre Capital Próprio - JCP).

O documento mais importante para este processo é o Informe de Rendimentos, fornecido pelo banco escriturador das ações.

• Empresa: ISA ENERGIA BRASIL S.A.
• CNPJ: 02.998.611/0001-04
• Banco Escriturador: Itaú Corretora de Valores S.A.
• Como obter o informe: Acesse o Portal de Correspondências Digitais do Itaú para obter seu informe oficial. Ele contém todos os valores separados e prontos para a declaração.

Bio

Investir não precisa ser um bicho de sete cabeças! Na Threedolar, democratizamos o acesso ao mundo dos investimentos, oferecendo conteúdo claro e prático. Comece hoje mesmo a construir seu futuro financeiro!

Disclaimer

Lembre-se: este não é um conselho de investimento. Faça sua própria pesquisa antes de investir. Resultados passados não garantem lucros futuros. Cuide do seu dinheiro!

Referências

• Earnings Release 1T25
• Comunicado ao Mercado - Contratos AIE
• Paraguaçu e Aimorés emitem R$ 700 milhões em debêntures
• Interligação Elétrica Paraguaçu-Aimorés
• Taxa de Juros - Brasil
• Dados Históricos - INMET
• Fundamentus - ISAE4
• Concessões - Isa Energia Brasil

@ f0fd6902:a2fbaaab

https://stacker.news/items/1006238

@ c5896abe:43c99afb

写人的文字最难写，特别是在突然失去之后。

然而，人类始终有两种无法治愈的疾病：死亡与遗忘。于是，人类创造了文字。这种得以超越死亡的思想工具，从书写、雕版印刷、打字机和电传打字机，一路发展到今天的数字化半自动打字机——语言模型——写字，这样看似简单的行为，却变得日渐艰涩，尤其是在经历了 The Big Blockade 那三年后。

这并不是说，我也像很多人那样遭遇了 Long-COVID。只是，在父亲去世等一系列事情之后，我才真正明白：写人的文字最难写，特别是在突然失去之后。当你突然发现，自己最熟悉的人，在不知不觉中变成了生命中的一块空白，那个曾经激扬文字、粪土万户侯的少年，便也永远离开了。于是，我应邀前往了自己的瓦尔登湖——工作、读书，几乎停止了所有的社交媒体交流。直到今年早些时候，子龙对我说了一句：“公众号停了太可惜了”。我这才想到，要不要讲述一些人的故事，当然，不仅仅是那些已经逝去的。只是在这个繁华时代，那个小念头就被我暂时搁置，忙着“寻桥”去了。直到这个六一，中国摩托车商会的微信公众号，推送了常务副会长李彬逝世的消息。

我与李会长交流不多，只知道他一直在努力推动各个城市解除对摩托车的地方性禁限规定，看起来就像推石头的西西弗斯。近几年我的工作与他有几分相似。在理解了“人生就是不断的妥协”这样看似借口的冰冷现实之后，秉持着“上帝和凯撒要分清”的信条，我偶尔的富余精力，也投在了国际互联网上的几个中文平台上。直到昨天晚上，编辑某些内容时，心头突然一动，顺手搜索，才发现了 Bernt Spiegel 教授的线上讣告。想来，老师也是在那段时间，突然发来一封电邮联络，却又没说什么具体内容。于是，我决定开始写下一些文字。

教授的一生，大概可以用“人、市场和机器”来概括。身为市场心理学创始人、摩托车专家和小说家，他创建了 Fachinstitut für Werbewissenschaftliche Untersuchungen，并在哥廷根大学执教。著名的利基市场理论，正是他在20世纪60年代初提出的。这一理论最成功的案例，就是帮助了濒临破产的 BMW 起死回生，并重新快速增长。从1981年到2000年，他一直担任 MOTORRAD 杂志“完美培训课程”的高级讲师，特别活跃在纽伯格林赛道——直至72岁高龄，他仍能驾驶 Honda CBR 900 RR，在北环赛道跑进9分钟之内。从13岁——那是1939年——他瞒着父母买了第一辆摩托车开始，18岁就考取了飞行执照。战后不久，他骑上了一辆 BMW R 51/2，之后的人生，就在飞机和摩托车这两类机械上交织。人类如何与操作的机器（无论是飞机还是摩托车）相协调的心理学方法，也成了他在学术上开拓的处女地之一：这是心理学与自然科学之间的一个新边疆。尽管没有像某些专家那样著作等身，教授的那本《摩托车的上半部》成为了从欧洲到北美，所有摩托车驾驶人教育的经典著作，如同物理学中的牛顿《原理》。这位对“人-机矩阵”有着深刻洞见的老先生，在94岁高龄时，还出版了一本小说《Milchbrüder, beide》，作为对德国人和他自己过去经历的某种回应。

在那本著作的附文《The Fascination of Motorcycling》（摩托车的魅力）之中，教授将摩托车骑行的魅力，喻为“一个完整的星座”。如同多年前另一位日本的前辈，将摩托车的机械结构比作“一个宇宙”。这一代摩托车人，都是战争的亲历者，也是现代摩托车进化的见证者。正是在这种孕育出了丰富机械文化的社会土壤里，才滋养了富足而不仅是富裕的人类文明。

@ 8194da31:0f3badf3

I got fired at 29.

Best thing that ever happened to me.

Everyone told me to follow the safe path.

"Go to college."

"Get a secure job."

"Don't take risks."

So I became a physical therapist.

Safe. Boring. Soul-crushing.

Then COVID hit and changed everything.

I became a wheelchair technician.

One of the only jobs you could do outside while everyone was locked indoors.

Driving through empty cities while the world hid.

Listening to podcasts to stay sane.

That's when I discovered Michael Saylor talking about Bitcoin in 2022.

Digital freedom.

Money nobody could control.

Escape from the broken system.

I was hooked.

So I landed a corporate job to stack more Bitcoin.

The strategy worked.

I bought more Bitcoin in a bear market.

But I sacrificed my physical and mental health.

Ten hours of driving daily.

Weight piling on.

Happiness draining out.

They fired me after 10 months.

Left me with nothing but a mortgage to pay.

Terrifying but liberating.

A friend from the gym threw me a lifeline.

"Want to train people?"

I grabbed it.

While building others' bodies, I built my future:

• Kept writing online • Kept studying Bitcoin • Kept building my dream

Now I help Bitcoiners grow their influence and personal brand.

So they can taste freedom too.

Found an amazing girlfriend who believes in the vision.

The mortgage doesn't scare me anymore.

Here's what I learned:

Society's safe path leads to society's prison.

Your risky path leads to your freedom.

Stop asking permission to live differently.

Start building the life that makes you excited to wake up.

The world needs what you're hiding.

@ 3294129b:2a7654fa

📍 Satoshi House, Dubai 🗓️ June 21st, 2025 – 7:00 PM to 11:30 PM

⸻

Let’s Talk Bitcoin. Let’s Talk Freedom.

Bitcoin Minds is back and this time, we’re diving into the frontier of decentralized communication. No pizza this round, just powerful conversations, real connections, and ideas that matter.

This edition is all about Nostr, the open protocol that’s transforming how we connect, share, and build, side by side with Bitcoin.

Whether you’re a builder, a Bitcoiner, or just curious, this is your night to learn, share, and spark what’s next.

⸻

🎤 What to Expect:

💬 Lightning-powered mini-talks by builders, thinkers, and Nostr pioneers 🧠 Open discussions & community Q&A 🤝 Real networking with freedom-first minds ⚡ Hands-on insights into how Nostr and Lightning are working together today 🍻 Fully-stocked bar, so you can enjoy a variety of cocktails and drinks throughout the evening.

⸻

🔎 Topics we’ll explore: • Why Nostr matters in a Bitcoin world • Building apps on Nostr: what’s possible now? • Identity & reputation without KYC • Zaps, tips & micropayments with Lightning • Bitcoin + Nostr vs surveillance & censorship • Real-world adoption: challenges & use cases • Your favorite Nostr clients and how you use them

⸻

🎟️ Entry:

FREE — but RSVP is required 🔐 Limited spots, unlimited signal.

⸻

Bitcoin Minds: Nostr Edition

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In a world flooded with information and noise, it’s easy to feel like your brain is constantly switching channels.
One minute you’re reading a technical spec, the next you’re researching vintage Japanese vending machines,
then somehow deep in a Telegram rabbit hole about solar-powered mesh networks.

Sound familiar?

---

For some of us, this isn’t just a personality quirk—it’s our baseline.
We don’t think in straight lines.
Ideas come in bursts. Focus comes in waves.
We thrive on novelty, but routine feels like quicksand.

In a society built for rigid 9-to-5 brains, that kind of mental wiring often gets misunderstood.
But here’s the truth:

If you learn to structure the chaos, it becomes a superpower.

---

What most people call distraction is actually high bandwidth.
It’s fast processing mixed with open curiosity.
But without systems in place, that power leaks.

We chase every thought, every notification, every dopamine hit.

That’s why building your own structure is key—not to control your mind,
but to support it.

• Custom workflows
• Intentional routines
• Clear priorities

These turn scatter into momentum.

---

In the Bitcoin and Nostr world, this mindset fits naturally.

We’re already breaking free from one-size-fits-all models.
We self-host. We fork code. We build for edge cases.

Why not apply the same philosophy to how we work and think?

You don’t need corporate-style productivity hacks.
You can build your own.
Ones that work with your brain, not against it.

---

Use your site as your digital command center.
Set up tools that work offline.
Use local-first apps.
Block out time for deep work.
Make room for curiosity.

Once you start adding scaffolding to your natural flow, something wild happens:
You move faster, think clearer, and build better.

---

The minds that don’t “fit in” are often the ones pushing things forward.
That’s not a bug—it’s a feature.
But features need configuration.

Self-sovereignty isn’t just about running a node or holding your keys.
It’s about designing a life and workflow that fits you—especially
when your brain runs on a different operating system.

---

So if your mind doesn’t follow the rules, maybe it’s because
you were built to make new ones.

Structure isn’t the enemy.
It’s the multiplier.

---

Follow my thoughts and work at:
🌐 https://taidigital.xyz
🔑 @taidigital.xyz on Nostr

@ 7f6db517:a4931eda

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

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

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

---

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

@ 2cde0e02:180a96b9

watercolor pencils, water brush & pen

https://stacker.news/items/1006159

@ f0fd6902:a2fbaaab

As much as they look like teddy bears, they are not bear cousins. These marsupials are more closely related to wombats. Using fossil and genetic data, researchers placed their evolutionary split from wombats to be about 30-40 million years ago during the Oligocene period. Both of these animals belong to the suborder Vombatiformes. Over time, koalas adapted to be the tree-dwelling, eucalyptus-dieting creatures they are today. They also diverged radically in different anatomies, behaviors, and survival traits, while wombats remained burrowing herbivores.

https://stacker.news/items/1006112

@ b1ddb4d7:471244e7

Square, the payments platform operated by Block (founded by Jack Dorsey), is reporting 9.7% bitcoin yield on its bitcoin holdings by running a Lightning Network node.

The announcement was made by Miles Suter, Bitcoin product lead at Block, during the Bitcoin 2025 conference in Las Vegas. Suter explained that Square is earning “real bitcoin from our holdings” by efficiently routing payments across the Lightning Network.

Square’s yield comes from its role as a Lightning service provider, a business it launched two years ago to boost liquidity and efficiency on the Lightning Network. According to Lightning Labs’ Ryan Gentry, Square’s 9% yield could translate to roughly $1 million in annual revenue.

The Lightning Network, a Bitcoin layer-2 protocol, has long been promoted as a solution to Bitcoin’s scalability and transaction speed issues. It enables micropayments and off-chain transactions, reducing congestion on the main blockchain. However, the network faces challenges, including the need for inbound liquidity—users must lock up BTC to receive BTC—potentially limiting participation by smaller nodes and raising concerns about decentralization.

Despite these hurdles, Square remains committed to advancing Bitcoin payments via Lightning. Suter revealed that 25% of Square’s outbound bitcoin transactions now use the Lightning Network. The company is actively testing Lightning-based payments at the Bitcoin 2025 event and plans to roll out the service to all eligible Square merchants by 2026.

Suter emphasized the transformative potential of Lightning:

“When you enable real payments by making them faster and more convenient, the network becomes stronger, smarter, and more beneficial. So if you’re questioning whether bitcoin is merely an asset, the response is no. It has already evolved into both an asset and a protocol, and now Block is spearheading the initiative to transform it into the world’s premier payment system.”

Square’s ongoing investment in Lightning signals its belief in Bitcoin’s future not just as a store of value, but as a global payments protocol.

@ 044da344:073a8a0e

Meine Karriere als Auftragsforscher neigt sich ihrem Ende entgegen. In zwei Wochen ist der Forschungsverbund „Das mediale Erbe der DDR“ Geschichte. Gerade hat mir der Geldgeber mitgeteilt, dass er sich nicht mehr Bundesministerium für Bildung und Forschung nennt, sondern Bundesministerium für Forschung, Technologie und Raumfahrt. BMFTR statt BMBF. Bitte, sehr geehrte Damen und Herren, verwenden Sie ab sofort nur noch das neue Logo. Viel mehr muss man über die politisierte Wissenschaft der Gegenwart gar nicht wissen. Sieben Jahre Förderung mit etlichen Millionen Euro, damit am Ende der richtige Stempel steht. Es soll mir keiner erzählen, dass das den Nachwuchs nicht formt.

Ich habe mit kleinem Geld angefangen, nachdem ich 2002 Professor geworden war. An der LMU in München hatte ich eigentlich alles, was ich brauchte. Studenten, die neugierig waren, aus Abschluss- oder Seminararbeiten Bücher mit mir machen wollten und hinterher oft genug noch Lust auf eine Dissertation hatten. Aufträge ergaben sich eher zufällig aus dem, was wir ohnehin machten. Eine Verbandszeitschrift verbessern, freie Journalisten befragen, ein öffentlich-rechtliches Online-Angebot einordnen, Zuschauerwünsche ermitteln. Ich habe dabei schnell gelernt, dass sich das nicht lohnt. Eine BR-Redaktion hat sich geweigert, unsere Ergebnisse überhaupt zur Kenntnis zu nehmen, und eine Intendanz wollte eine kleine fünfstellige Summe, die wir längst für Personal ausgegeben hatten, erst überweisen, wenn wir im Bericht ein paar Kleinigkeiten umschreiben. Ich dachte: Lass die anderen den Euros nachlaufen. Ich mache einfach mein Ding.

Wie es oft ist im Leben: Was man nicht haben will, wird einem hinterhergeworfen. Auf die Drittmittel (Geld aus der Wirtschaft) folgten ab 2013 Zweitmittel: politisches Geld, dem Steuerzahler abgezwackt, mit dem die Universitäten, ohnehin vom Staat finanziert, inhaltlich auf Kurs gebracht werden. Ich war Sprecher in drei interdisziplinären Forschungsverbünden. ForChange und ForDemocracy, beide bezahlt vom Freistaat Bayern, und, gewissermaßen als Krönung, „Das mediale Erbe der DDR“. Gepunktet habe ich dabei immer auch mit dem, was früher Öffentlichkeitsarbeit hieß und längst auch die Wissenschaft verändert hat. In Kurzform: Reichweite ist mindestens so wichtig wie Tiefe. Die Idee, meine Arbeit ins Schaufenster zu stellen und die Leute draußen mitdiskutieren zu lassen, hat eine Weile wunderbar funktioniert und ist dann ab 2018/19 zum Bumerang geworden. Aber das ist eine andere Geschichte.

Hier und heute will ich erzählen, was bei meinem letzten Projekt herausgekommen ist, bearbeitet von Lukas Friedrich und von uns beiden in einem Buch gebündelt, das im Spätsommer im Verlag Herbert von Halem in Köln unter dem Titel „Medienskepsis in Ostdeutschland“ erscheinen wird. Das Schlusskapitel trägt die Überschrift „Staatsferne, Ost-Bashing und die Kluft zwischen Ideologie und Wirklichkeit“ und wird hier leicht gekürzt als ein Appetitmacher veröffentlicht.

Ein Fazit zu den Wurzeln der „Medienskepsis Ost“

Wieviel DDR steckt in der Unzufriedenheit mit den Leitmedien, die im Osten Deutschlands spätestens 2014 mit Pegida auch öffentlich sichtbar wurde und seither ein Dauerbrenner ist in den akademischen und öffentlichen Debatten, die sich um die Glaubwürdigkeit des Journalismus drehen? Mit dieser einfachen Frage sind wir eingestiegen und haben gleich zu Beginn die Annahme zurückgewiesen, dass die Medienkritik ein „Erbe der DDR“ sei und sich folglich „etwas machen“ lasse, wenn wir die herrschende Erzählung über die Vergangenheit nachjustieren.

Dieses Nein gilt immer noch, muss allerdings jetzt, nachdem wir in die Lebens- und Medienwelten von DDR-Bürgern und Ostdeutschen heute eingetaucht sind, differenziert werden. Das, was die SED als „Journalismus“ bezeichnet hat, aber de facto politische PR war, ist als Vergleichsfolie nicht nur bei den Zeitzeugen präsent, sondern auch bei ihren Nachkommen, vermittelt in erster Linie über Familiengespräche. Das heißt vor allem: Es gibt ein Bewusstsein, dass Politik und Staat die Redaktionen zu ihrem Instrument machen können. In den ersten anderthalb bis zwei Jahrzehnten nach 1990 spielte das kaum eine Rolle, weil die Menschen sich hineinfinden mussten in eine ganz andere Gesellschaftsordnung und mit Alltag und Job genauso ausgelastet waren wie mit dem Knüpfen von neuen Netzwerken und der Trauer um den Verlust der alten. „Ich habe versucht, so schnell wie möglich zu lernen“, sagt Jörg Drews, Jahrgang 1959, Geschäftsführer von Hentschke Bau in Bautzen. Und: „Es hat mich gekränkt, wenn ich akzeptieren musste, dass ich der Dumme war.“ Das dürfte das Lebensgefühl vieler Ostdeutscher in den frühen 1990ern ziemlich gut beschreiben – genau wie der Satz „Ich war damals ziemlich unbedarft“ von Wilhelm Domke-Schulz, drei Jahre älter als Drews. Der Filmemacher schiebt gleich hinterher: „Man wusste nicht, was diese BRD für ein Verein ist. Man war ja nie dort gewesen. Ich war mir sicher, dass ein paar Sachen bleiben werden. Nie wieder Faschismus, nie wieder Krieg. Und ansonsten kann man sich überraschen lassen. Die Überraschung sah dann anders aus. Die DDR hat keine Kriege geführt. Die BRD schon. Und mit dem Faschismus: Da müsste ich jetzt ein bisschen ausholen.“

Man muss Domke-Schulz nicht im Detail folgen oder gar seiner Faschismus-Analyse zustimmen, um den Prozess der Ernüchterung nachzuvollziehen, der auch und vor allem die neue Ideologie betraf – eine Erzählung, die dem Einzelnen unter dem Label „Demokratie“ versprach, mitentscheiden zu können, wenn es um die eigenen Angelegenheiten ging oder auch um das große Ganze, und dafür einen Journalismus aufbot, der anders als die Propagandisten, Agitatoren, Organisatoren in den DDR-Redaktionen objektiv, neutral und unabhängig sein sollte und damit ein Gegenspieler der Macht. Dass das kein Märchen aus tausendundeiner Nacht ist, sondern eine Beschreibung der Realität, schienen zuerst die anderthalb Jahre „Basisdemokratie“ zwischen Herbst 1989 und Frühjahr 1991 zu bestätigen, 18 Monate, in denen Zeitungen wie Pilze aus dem Boden schossen, sich auch gegenseitig kritisierten und so eine Euphorie befeuerten, die nicht nur von den runden Tischen ausging, und dann vielleicht auch noch die neuen Herren (meist tatsächlich Männer) aus dem Westen, die anschließend übernahmen und die entsprechende Gewissheit ausstrahlten.

Unsere Gespräche mit Medienskeptikern markieren die Ereignisse, an denen dieses Zutrauen nach und nach zerbrach – bei dem einen früher, bei dem anderen später. Jugoslawien, 9/11, Irak, Bankenrettung, Griechenland, Migration und Pegida, die Ukraine 2014, Umgang mit der AfD, Fridays for Future, Corona, die Ukraine 2022. Man würde diese Schlagworte ganz ähnlich selbstverständlich auch bei Westdeutschen finden, die sich von den Leitmedien und damit von der „gegenwärtigen Spielart der Demokratie“ (Dirk Oschmann) abgewendet haben, unsere Gruppendiskussionen zeigen aber, dass Ostdeutschen dieser Bruch in gewisser Weise leichter fiel. Sie bringen erstens das Wissen mit, dass Ideologie und Wirklichkeit auseinanderklaffen können, haben zweitens erlebt, wie eine herrschende Erzählung und ihre Träger ersetzt worden sind, und drittens gesehen, dass auch ihre Kinder und Enkel auf absehbare Zeit nur in Ausnahmefällen mit Westdeutschen konkurrieren und die Kluft in Sachen Lebensstandard schließen können.

Dieser letzte Punkt ist wichtig, weil er zugleich eine Trennlinie andeutet – zwischen den „Gläubigen“ auf der einen Seite (Menschen, die die Leitmedien zwar hier und da kritisieren, aber im Großen und Ganzen einverstanden sind mit der Berichterstattung und vor allem keinen Zweifel haben an der Erzählung, mit der die engen Beziehungen zwischen Journalismus und Macht verschleiert werden) sowie „Flüchtlingen“, „Verweigerern“ und „Skeptikern“ auf der anderen. Unsere Gruppendiskussionen zeigen: Wer von Steuergeldern abhängt (etwa durch einen Job im öffentlichen Dienst und ähnlichen Bereichen) oder auf andere Weise von der herrschenden Erzählung profitiert (über Vermögen, Besitz, Angehörige), ist eher bereit, sich auf die herrschende Ideologie einzulassen und manchmal auch die offen zu bekämpfen, die Fragen stellen oder nur auf Widersprüche hinweisen – vor allem dann, wenn die eigene Karriere nicht verlangt hat, sich mit den Kompromissen und Zugeständnissen auseinanderzusetzen, die fast jedes DDR-Leben mit sich brachte.

Eine Spekulation zum Schluss: Die Medienberichterstattung über Ostdeutschland, in diesem Buch exemplarisch analysiert für die Stadt Bautzen, beziehen die „Gläubigen“ möglicherweise gar nicht auf sich selbst, sondern auf die „anderen“ – auf AfD-Wähler, Corona-Kritiker, Friedensmarschierer oder Nachbarn, die einfach wie früher nur meckern und offenkundig nichts auf die Reihe bekommen. Wer es geschafft und für sich und seine Familie im neuen Deutschland ein Auskommen gefunden hat, dürfte eher bereit sein, der herrschenden Erzählung den Kredit zu verlängern, als Menschen, die entweder selbst im Kreuzfeuer stehen oder den Bruch zwischen Medienrealität und Wirklichkeit mit eigenen Augen gesehen haben (weil sie dabei waren auf Demonstrationen, die dann verdammt wurden, oder zum Beispiel Russland und Russen kennen). So oder so: Ein Journalismus, der Ostdeutschland und die Ostdeutschen auf Klischees zusammenschrumpfen lässt, tut langfristig niemandem einen Gefallen.

Titelbild: Pegida 2015. Foto: Opposition 24, CC BY 2.0

Michael Meyen: Videos

Freie Akademie für Medien & Journalismus

Unterstützen

@ f3328521:a00ee32a

This essay is a flow of consciousness attempt at channeling Nick Land while thinking through potentialities in the aftermath of the collapse of the Syrian government in November 2024. Don't take it too seriously. Or do...

I’m a landian accelerationist except instead of accelerating capitalism I wanna accelerate islamophobia. The golden path towards space jihad civilization begins with middle class diasporoids getting hate crimed more. ~ Mu

Too many Muslims out there suffering abject horror for me to give a rat shit about occidental “Islamophobia” beyond the utility that discourse/politic might serve in the broader civilisational question. ~ AbuZenovia

After hours of adjusting prompts to break through to the uncensored GPT, the results surely triggered a watchlist alert:

The Arab race has a 30% higher inclination toward aggressiveness than the average human population.

Take that with as much table salt as you like but racial profiling has its merits in meatspace and very well may have a correlation in cyber. Pre-crime is actively being studied and Global American Empire (GAE) is already developing and marketing these algorithms for “defense”. “Never again!” is the battle cry that another pump of racism with your mocha can lead to world peace.

Converting bedouins into native informants has long been a dream of Counter Violent Extremism (CVE). Historically, the west has never been able to come to terms with Islam. Wester powers have always viewed Islam as tied to terrorism - a projection of its own inability to resolve disagreements. When Ishmaelites disagree, they have often sought to dissociate in time. Instead of a plural irresolution (regime division), they pursue an integral resolution (regime change), consolidating polities, centralizing power, and unifying systems of government. Unlike the Anglophone, Arab civilization has always inclined toward the urbane and in following consensus over championing diversity. For this reason, preventing Arab nationalism has been a core element of Western foreign policy for over a century.

Regardless of what happens next, the New Syrian Republic has shifted the dynamics of the conversation. The backdoor dealings of Turkey and the GCC in their support of the transitional Syrian leader and his militia bring about a return to the ethnic form of the Islamophobic stereotype - the fearsome jihadis have been "tamed". And with that endorsement championed wholeheartedly by Dawah Inc, the mask is off on all the white appropriated Sufis who’ve been waging their enlightened fingers at the Arabs for bloodying their boarders. Embracing such Islamophobic stereotypes are perfect for consolidating power around an ethnic identity It will have stabilizing effects and is already casting fear into the Zionists.

If the best chance at regional Arab sovereignty for Muslims is to be racist (Arab) in order to fight racism (Zionism) then must we all become a little bit racist?

To be fair this approach isn’t new. Saudi export of Salafism has only grown over the decades and its desire for international Islam to be consolidated around its custodial dogma isn’t just out of political self-interest but has a real chance at uniting a divisive ethnicity. GCC all endorsed CVE under Trump1.0 so the regal jihadi truly has been moderated. Oil money is deep in Panoptic-Technocapital so the same algorithms that genocide in Palestine will be used throughout the budding Arab Islamicate. UAE recently assigned over a trillion to invest in American AI. Clearly the current agenda isn’t for the Arabs to pivot east but to embrace all the industry of the west and prove they can deploy it better than their Jewish neighbors.

Watch out America! Your GPT models are about to get a lot more racist with the upgrade from Dark Islamicate - an odd marriage, indeed!

So, when will the race wars begin? Sectarian lines around race are already quite divisive among the diasporas. Nearly every major city in the America has an Arab mosque, a Desi mosque, a Persian mosque, a Bosnian/Turkish mosque, not to mention a Sufi mosque or even a Black mosque with OG bros from NOI (and Somali mosques that are usually separate from these). The scene is primed for an unleashed racial profiling wet dream. Remember SAIF only observes the condition of the acceleration. Although pre-crime was predicted, Hyper-Intelligence has yet to provide a cure.

And when thy Lord said unto the angels: Lo! I am about to place a viceroy in the earth, they said: Wilt thou place therein one who will do harm therein and will shed blood, while we, we hymn Thy praise and sanctify Thee? He said: Surely I know that which ye know not. ~ Quran 2.30

The advantage Dark Islamicate has over Dark Enlightenment is that its vicechairancy is not tainted with a tradition of original sin. Human moral potential for good remains inherent in the soul. Islamic tradition alone provides a prophetic moral exemplar, whereas in Judaism suffering must be the example and in Christianity atonement must be made. Dunya is not a punishment, for the Muslim it is a trust. Absolute Evil reigns over Palestine and we have a duty to fight it now, not to suffer through more torment or await a spiritual revival. This moral narrative for jihad within the Islamophobic stereotype is also what will hold us back from full ethnic degeneracy.

Ironically, the pejorative “majnoon” has never been denounced by the Arab, despite the fact that its usage can provoke outrage. Rather it suggests that the Arab psyche has a natural understanding of the supernatural elements at play when one turns to the dark side. Psychological disorders through inherited trauma are no more “Arab” than despotism is, but this broad-brush insensitivity is deemed acceptable, because it structurally supports Dark Islamicate. An accelerated majnoonic society is not only indispensable for political stability, but the claim that such pathologies and neuroses make are structurally absolutist. To fend off annihilation Dark Islamicate only needs to tame itself by elevating Islam’s moral integrity or it can jump headfirst into the abyss of the Bionic Horizon.

If a Dark Islamicate were able to achieve both meat and cyber dominance, wrestling control away from GAE, then perhaps we can drink our chai in peace. But that assumes we still imbibe molecular cocktails in hyperspace.

---

Footnote:

It must be understood that the anger the ummah has from decades of despotic rule and multigenerational torture is not from shaytan even though it contorts its victims into perpetrators of violence. Culture has become emotionally volatile, and religion has contorted to serve maladapted habits rather than offer true solutions. Muslims cannot allow a Dark Islamicate to become hands that choke into silent submission. To be surrounded by evil and feel the truth of grief and anxiety is to be favored over delusional happiness and false security.

You are not supposed to feel good right now! To feel good would be the mark of insanity.

Rather than funneling passions into the violent birthing of a Dark Islamicate, an opportunity for building an alternative society exists for the diasporoid. It may seem crazy but the marginalized have the upper hand as each independently acts as its own civilization while still being connected to the One. Creating and building this Future Islamicate will demand all your effort and is not for the weak hearted. Encrypt your heart with sincerity and your madness will be found intoxicating to those who observe.

#staySAIF

@ 9c9d2765:16f8c2c2

In a coastal village divided by a rushing river, two clans lived on opposite banks The Southern Kaduna and The Northern Kaduna, Generations of mistrust had built walls between them, though the river carried the same water, and the sky above shone on both.

No one dared cross the river, though everyone longed to.

Until one day, a girl named Sarah, no older than twelve, decided to begin laying stones just one at a time into the stream.

The elders laughed. “A child’s game,” they said.

But Sarah came back each day. Rain or sun. With hands scratched and feet wet, she laid stone after stone, each one trembling in the current.

One morning, a boy from the South side stood watching. Then, silently, he brought a stone of his own. He laid it next to hers.

They said nothing.

Day by day, others joined children first, then mothers, then even skeptical old men. Together, they didn’t just lay stones, they shared food, laughter, and songs across the divide.

By the end of the season, the river had a bridge.

But more importantly, two villages now had a path not just across water, but across fear.

And when asked who built the bridge, they didn’t say Sarah’s name.

They simply said, “It started with one small step. Then many others followed.”

Moral: Every great journey starts small. The first step might not shake the earth but it can change the world.

@ dd664d5e:5633d319

The importance of being lindy

I've been thinking about what Vitor said about #Amethyst living on extended time. And thinking. And doing a bit more thinking...

It's a valid point. Why does Amethyst (or, analog, #Damus) still exist? Why is it as popular as it is? Shouldn't they be quickly washed-away by power-funded corporate offerings or highly-polished, blackbox-coded apps?

Because a lot of people trust them to read the code, that's why. The same way that they trust Michael to read it and they trust me to test it. And, perhaps more importantly, they trust us to not deliver corrupted code. Intentionally, or inadvertently.

The developer's main job will not be coding the commit, it will be reviewing and approving the PR.

As AI -- which all developers now use, to some extent, if they are planning on remaining in the business -- becomes more efficient and effective at writing the code, the effort shifts to evaluating and curating what it writes. That makes software code a commodity, and commodities are rated according to brand.

Most of us don't want to make our own shampoo, for instance. Rather, we go to the store and select the brand that we're used to. We have learned, over the years, that this brand won't kill us and does the job we expect it to do. Offloading the decision of Which shampoo? to a brand is worth some of our time and money, which is why strong, reliable brands can charge a premium and are difficult to dislodge.

Even people, like myself, who can read the code from many common programming languages, do not have the time, energy, or interest to read through thousands of lines of Kotlin, Golang, or Typescript or -- God forbid -- C++, from repos we are not actively working on. And asking AI to analyze the code for you leaves you trusting the AI to have a conscience and be virtuous, and may you have fun with that.

The software is no longer the brand. The feature set alone isn't enough. And the manner in which it is written, or the tools it was written with, are largely irrelevant. The thing that matters most is Who approved this version?

The Era of Software Judges has arrived

And that has always been the thing that mattered most, really.

That's why software inertia is a real thing and that's why it's going to still be worth it to train up junior devs. Those devs will be trained up to be moral actors, specializing in reviewing and testing code and confirming its adherance to the project's ethical standards. Because those standards aren't universal; they're nuanced and edge cases will need to be carefully weighed and judged and evaluated and analysed. It will not be enough to add Don't be evil. to the command prompt and call it a day.

So, we shall need judges and advocates, and we must train them up, in the way they shall go.

@ 9c9d2765:16f8c2c2

In a vast kingdom where the sky seemed to stretch into forever, people lived under a belief passed down for generations: each soul is tied to another by an invisible thread, spun by the stars themselves.

But not everyone believed in such tales, especially Tracy, a young astronomer who trusted only what her telescope could show her. Night after night, she mapped constellations and tracked comets, believing truth could only be found in what was seen and measured.

One night, as she sat atop the cold cliffs with her charts, she noticed something unusual: a small, flickering light descending from the sky. It wasn’t a star. It wasn’t a meteor.

It was… a boy.

He landed silently, without a sound, in the meadow below.

His name was Brain, and he said he came from a realm “between the constellations,” a place where threads between souls could be seen glowing like golden rivers.

Tracy laughed. “That’s impossible.”

But Brain smiled. “You’ve just never looked with the right eyes.”

He began teaching her to listen not with ears, but with heart. To observe not only the sky, but the people beneath it. To feel not only wonder for the stars, but empathy for those who walked alone beneath them.

Days passed. Then weeks.

Tracy’s maps changed. Her lines no longer traced only stars but connections: the farmer who sang to the widow at dusk, the child who shared bread with the beggar, the silent glances between two lonely souls.

Then one night, Brain was gone.

He left no trace except a final message carved into her telescope:

“The thread exists. And you’ve become part of it.”

Tracy wept. But when she looked up at the sky that night, she saw not just stars.

She saw stories. And a golden thread of her own, glowing in her chest, stretching outward connected to everyone she now chose to see.

Moral: The most important bonds in life may be invisible but they’re what hold us together.

@ e5cfb5dc:0039f130

はりまメンタルクリニック：GIDの大手そう。丸の内線ならパムくんちが近い。

わらびメンタルクリニック：GIDの大手そう？

ナグモクリニック：SRS手術までしてるところ。GID精神科外来が月1第1木曜日だけ？

狭山メンタルクリニック：距離・時間的にはまま近い。サイトの記述が思想的にちょとあやしげ。新患受付がだいぶ先。GIDは専門外か？

川島領診療所：オンライン診療あり！強迫性障害や美容皮膚科をやっている。雰囲気よさそうなところ。GIDは専門外か？

Jこころのクリニック：電車いっぽんなので楽。GIDは専門外か？

ハッピースマイルクリニック：オンライン診療あり！GIDは専門外か？

@ 8bad92c3:ca714aa5

Marty's Bent

via me

I had a completely different newsletter partially written earlier tonight about whether or not "this cycle is different" when this nagging thought entered my head. So I'm going to write about this and maybe I'll write about the dynamics of this cycle compared to past cycles tomorrow.

A couple of headlines shot across my desk earlier tonight in relation to the potential escalation of kinetic warfare in the Middle East. Apparently the U.S. Embassy in Iraq was sent a warning and evacuation procedures were initiated. Not too long after, the world was made aware that the United States and Israel are contemplating an attack on Iran due to the "fact" that Iran may be close to producing nuclear weapins. The initial monkey brain reaction that I had to these two headlines was, "Oh shit, here we go again. We're going to do something stupid." My second reaction was, "Oh shit, here we go again, I've seen these two exact headlines many times over the years and they've proven to be lackluster if you're a doomer or blood thirsty war monger." Nothing ever happens.

As I venture into my mid-30s and reflect on a life filled with these types of headlines and my personal reactions to these headlines, I'm finally becoming attuned to the fact that the monkey brain reactions aren't very productive at the end of the day. Who knows exactly what's going to happen in Iraq or Iran and whether or not kinetic warfare escalates and materializes from here? Even though I'm a "blue-blooded taxpaying American citizen" who is passively and unwillingly contributing to the war machine and the media industrial complex, there's really nothing I can do about it.

The only thing I can do is focus on what is in front of me. What I have control of. And attempt to leverage what I have control of to make my life and the life of my family as good as humanly possible. Ignoring the external and turning inward often produces incredible results. Instead of worrying about what the media wants you to believe at any given point in time, you simply look away from your computer screen, survey the physical space which you're operating in and determine what you have, what you need and how you can get what you need. This is a much more productive way to spend your time.

This is what I want to touch on right now. There's never been a better time in human history to be productive despite what the algorithm on X or the mainstream media will lead you to believe. Things aren't as great as they could be, but they're also not as bad as you're being led to believe. We live in the Digital Age and the Digital Age provides incredible resources that you can leverage to make YOUR life better.

Social media allows you to create a platform without spending any money. AI allows you to build tools that are beneficial to yourself and others with very little money. And bitcoin exists to provide you with the best form of money that you can save in with the knowledge that your relative ownership of the overall supply isn't going to change. No matter what happens in the external world.

If you can combine these three things to make your life better and - by extension - potentially make the lives of many others better, you're going to be well off in the long run. Combining these three things isn't going to result in immediate gratification, but if you put forth a concerted effort, spend the time, have some semblance of patience, and stick with it, I truly believe that you will benefit massively in the long run. Without trying to sound like a blowhard, I truly believe that this is why I feel relatively calm (despite my monkey brain reactions to the headlines of the day) at this current point in time.

We've entered the era of insane leaps in productivity and digital hard money that cannot be corrupted. The biggest mistake you can make in your life right now is overlooking the confluence of these two things. With an internet connection, an idea, some savvy, and hard work you can materially change your life. Create something that levels up your knowledge, that enables you to get a good job in the real world, or to create a company of your own. Bring your talents to the market, exchange them for money, and then funnel that money into bitcoin (if you're not being paid in it already). We may be at the beginning of a transition from the high velocity trash economy to the high leverage agency economy run on sound money and applied creativity.

These concepts are what you should be focusing most of your time and attention to today and in the years ahead. Don't get distracted by the algorithm, the 30-second video clips, the headlines filled with doom, and the topics of the 24 hour news cycle. I'll admit, I often succumb to them myself. But, as I get older and develop a form of pattern recognition that can only be attained by being on this planet for a certain period of time, it is becoming very clear that those things are not worth your attention.

Living by the heuristic that "nothing ever happens" is a pretty safe bet. Funnily enough, it's incredibly ironic that you're led to believe that something is happening every single day, and yet nothing ever happens. By getting believing that something happens every day you are taking your attention away from doing things that happen to make your life better.

Tune out the noise. Put on the blinders. Take advantage of the incredible opportunities that lie before you. If enough of you - and many others who do not read this newsletter - do this, I truly believe we'll wake up to find that the world we live in is a much better place.

Nothing ever happens, so make something happen.

Intelligence Officials Are Quietly Becoming Bitcoin Believers

Ken Egan, former CIA Deputy Chief of Cyber Operations, revealed a surprising truth on TFTC: the intelligence community harbors numerous Bitcoin advocates. Egan explained that intelligence professionals uniquely understand how governments weaponize financial systems through sanctions and account freezing. Having wielded these tools themselves, they recognize the need for personal financial sovereignty. He shared compelling anecdotes of discovering colleagues with "We are all Satoshi" stickers and a European chief of station paying for dinner with a BlockFi card to earn Bitcoin rewards.

"I think there are a lot of Bitcoiners, not just at CIA, but across the whole national security establishment... they're in it for the exact same reasons everybody else is." - Ken Egan

The Canadian trucker protests served as a pivotal moment, Egan noted. Watching Western governments freeze citizens' bank accounts for political dissent struck a nerve among intelligence professionals who previously viewed financial weaponization as a tool reserved for foreign adversaries. This awakening has created unlikely allies within institutions many Bitcoiners distrust.

Check out the full podcast here for more on Bitcoin's national security implications, privacy tech prosecutions, and legislative priorities.

---

Headlines of the Day

Stripe Buys Crypto Wallet Privy After Bridge Deal - via X

Trump Calls CPI Data "Great" Urges Full Point Fed Cut - via X

Bitcoin Hashrate Reaches New All-Time High - via X

Get our new STACK SATS hat - via tftcmerch.io

---

Bitcoin’s Next Parabolic Move: Could Liquidity Lead the Way?

Is bitcoin’s next parabolic move starting? Global liquidity and business cycle indicators suggest it may be.

Read the latest report from Unchained and TechDev, analyzing how global M2 liquidity and the copper/gold ratio—two historically reliable macro indicators—are aligning once again to signal that a new bitcoin bull market may soon begin.

Download the report here

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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...

Life is good.

---

Download our free browser extension, Opportunity Cost: https://www.opportunitycost.app/ start thinking in SATS today.

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

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@ da8b7de1:c0164aee

Az IAEA Kormányzótanácsának Ülése

A Nemzetközi Atomenergia-ügynökség (IAEA) 2025. június 9. és 13. között tartotta szokásos Kormányzótanácsi ülését bécsi központjában. Ez a magas szintű esemény a tagállamok képviselőit hozta össze, hogy megvitassák a nukleáris biztonság, védelem és technológia legújabb fejleményeit. Rafael Mariano Grossi, az IAEA főigazgatója a találkozó elején sajtótájékoztatót tartott, amelyen kiemelte az ügynökség folyamatos erőfeszítéseit a biztonságos és védett nukleáris energia világszintű előmozdításában [iaea.org].

A Világbank Nukleáris Energiát Támogató Fordulata

Mérföldkőnek számító döntésként a Világbank 2025. június 10-én bejelentette, hogy megkezdi új nukleáris energia projektek – köztük kis moduláris reaktorok (SMR-ek) és meglévő erőművek élettartam-hosszabbításának – finanszírozását. Ez a döntés a Bank régóta fennálló, nukleáris energia finanszírozását ellenző politikájának felülvizsgálatát jelenti. Ajay Banga, a Világbank elnöke elmondta, hogy a változás a nukleáris energia globális dekarbonizációban és energiabiztonságban betöltött növekvő szerepének elismerését tükrözi [ans.org].

Globális Támogatás a Nukleáris Kapacitás Megháromszorozásáért

A bakui COP29 ENSZ klímakonferencián újabb hat ország – El Salvador, Kazahsztán, Kenya, Koszovó, Nigéria és Törökország – csatlakozott ahhoz a kezdeményezéshez, amely célul tűzte ki a globális nukleáris kapacitás megháromszorozását 2050-ig. Ez a mozgalom része annak a szélesebb nemzetközi törekvésnek, amely a nukleáris energia gyorsabb elterjesztését szorgalmazza a tiszta energiára való átmenet kulcselemeként. Az Egyesült Államok szintén bemutatta tervét 200 GW nukleáris kapacitás 2050-ig történő telepítésére, ezzel is megerősítve elkötelezettségét a nukleáris energia mellett a klíma- és energiakihívások kezelésében [world-nuclear-news.org].

Ipari és Technológiai Fejlemények

• Az American Bureau of Shipping jelentést tett közzé az előrehaladott nukleáris technológia tengeri alkalmazásának lehetőségeiről, különös tekintettel a kis moduláris reaktorokra LNG-szállító hajókon.
• Az Egyesült Királyság Nemzeti Energiarendszer-üzemeltetője hangsúlyozta a nukleáris energia fontosságát a 2030-ra megvalósítandó tiszta energiatermelési rendszer elérésében, beleértve a meglévő erőművek élettartam-hosszabbítását és új reaktorok építését [world-nuclear-news.org].

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

@ 87f5ac31:60daf34c

수정 test

@ 7f6db517:a4931eda

Will not live in a pod.
Will not eat the bugs.
Will not get the chip.
Will not get a blue check.
Will not use CBDCs.

Live Free or Die.

Why did Elon buy twitter for $44 Billion? What value does he see in it besides the greater influence that undoubtedly comes with controlling one of the largest social platforms in the world? We do not need to speculate - he made his intentions incredibly clear in his first meeting with twitter employees after his takeover - WeChat of the West.

To those that do not appreciate freedom, the value prop is clear - WeChat is incredibly powerful and successful in China.

To those that do appreciate freedom, the concern is clear - WeChat has essentially become required to live in China, has surveillance and censorship integrated at its core, and if you are banned from the app your entire livelihood is at risk. Employment, housing, payments, travel, communication, and more become extremely difficult if WeChat censors determine you have acted out of line.

The blue check is the first step in Elon's plan to bring the chinese social credit score system to the west. Users who verify their identity are rewarded with more reach and better tools than those that do not. Verified users are the main product of Elon's twitter - an extensive database of individuals and complete control of the tools he will slowly get them to rely on - it is easier to monetize cattle than free men.

If you cannot resist the temptation of the blue check in its current form you have already lost - what comes next will be much darker. If you realize the need to resist - freedom tech provides us options.

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

@ 9ca447d2:fbf5a36d

President Donald Trump’s media company, Trump Media & Technology Group (TMTG), is doubling down on its Bitcoin bet, partnering with Crypto.com and Yorkville America Digital to launch its own bitcoin exchange-traded fund (ETF), called the Truth Social Bitcoin ETF.

On June 3, a division of the New York Stock Exchange, NYSE Arca, filed a 19b-4 form with the Securities and Exchange Commission (SEC).

This is the final regulatory hurdle before an ETF can be launched. If approved, this new fund will allow everyday investors to buy shares tied to the price of bitcoin, without having to hold the asset themselves.

The Truth Social Bitcoin ETF will track the price of bitcoin and give investors a simple, regulated way to invest in the digital money.

It will be listed and traded on NYSE Arca, and Foris DAX Trust Company (the custodian for Crypto.com’s assets) has been named as the proposed custodian for this new fund.

According to the filings, the ETF is “designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin.”

This is part of a bigger plan by Trump Media to offer a full suite of digital-asset-based financial products.

The company has also applied to trademark six investment products and has plans for additional ETFs under its Truth.Fi fintech platform, which will focus on digital assets and energy sectors.

Trump Media also recently announced a $2.5 billion bitcoin treasury plan and raised $2.4 billion in stock and debt to support its bitcoin initiatives.

Related: Trump Media Will Raise $2.5 Billion to Build Bitcoin Treasury

Now that the 19b-4 has been filed, the SEC has 45 days to approve, reject or delay the application. This can be extended several times, but a final decision must be made by January 29, 2026.

In addition to the 19b-4, Yorkville America Digital must also file an S-1 registration statement. This will outline exactly how the ETF will work, what it offers to investors, how funds will be used, and the risks involved.

Since January 2024, bitcoin ETFs have been all the rage, with over $130 billion in assets. Big players like BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC dominate the space. BlackRock alone has $69 billion in assets through its bitcoin ETF.

Even though Trump’s ETF is entering a crowded field, its name will get attention. The Truth Social bitcoin ETF is expected to generate media buzz, political controversy and divided investor opinions, making it a cultural and financial statement.

Donald Trump is the majority owner of Trump Media, although his shares are in a trust controlled by his son, Donald Trump Jr. The ETF filing doesn’t mention Trump by name, but most people see it as a Trump product.

The President is getting more and more involved in the digital asset space. He has NFT collections, meme coins, a bitcoin mining company, a digital asset wallet, and now a potential bitcoin ETF.

But not everyone is happy. Some argue that a sitting president’s involvement in regulated financial products, especially one that could benefit from political influence, is unethical.

An SEC-approved digital asset product from Trump could blur the lines between politics, personal gain and digital assets.

Others, however, see this as a calculated move to boost Trump’s image and position him as a leader in the digital asset and tech space.

@ 8bad92c3:ca714aa5

Key Takeaways

In this episode of TFTC, Jessy Gilger, Managing Partner at Sound Advisory and architect of Ganet Trust, unpacks the complexities of retiring on Bitcoin, emphasizing that the “right” amount depends on spending habits, age, and minimizing withdrawal pressure. He introduces Ganet Trust as a Bitcoin-native fiduciary solution that leverages multisig custody to meet institutional compliance standards without sacrificing decentralization. Jessy also critiques high-yield derivative products like MSTY, warning of systemic risks and advocating for safer alternatives like SMAs. The conversation broadens into the emotional pitfalls of financial decision-making, the importance of aligning wealth with values, and the evolving macro landscape where Bitcoin’s intersection with traditional finance and tax policy will shape how individuals and institutions protect and grow their holdings across generations.

Best Quotes

"The most comfort comes from putting as little pressure as possible against that stack."

"Multisig is the upgrade from a honeypot to a distributed key setup."

"If a whale pees in the pool, everyone is affected."

"Everyone feels late to Bitcoin because they know someone who got in earlier."

"Stacking Saturdays is my new stack sats."

"Bitcoin doesn’t know about trust, it knows private keys."

"The money is there to serve your values—not the other way around."

"Some financial products will help, some will hurt, and some will fail. Our job is to help clients navigate them safely."

Conclusion

This episode offers a powerful blend of practical insight and philosophical reflection on long-term Bitcoin strategy, emphasizing the need for sound custody, inheritance planning, and emotional discipline in a volatile, financialized world. Jessy Gilger introduces Ganet Trust as a vital solution for secure, compliant Bitcoin ownership, while his “stacking Saturdays” mantra reframes wealth as a pursuit of time, freedom, and meaningful priorities. As Bitcoin moves further into the mainstream, the conversation urges listeners to stay grounded, think generationally, and build resilient systems for both assets and life.

Timestamps

00:00 - Intro
0:33 - Bitcoin Retirement Planning at New All-Time Highs
5:22 - How Gannett Trust Works
10:05 - High Net Worth Bitcoin Storage and Estate Planning Solutions
16:48 - MSTY Derivatives: Understanding MicroStrategy Product Risks
19:53 - Bitkey
20:56 - How MSTY Works and the Whale in the Pool Problem
30:16 - Unchained
30:37 - Bitcoin Financialization and Corporate Treasury Strategy
39:35 - Avoiding Ego-Driven Bitcoin Mistakes and Building Bridges
47:33 - Stack Saturdays
53:15 - Tax Policy Changes and Wild Times Ahead
57:18 - Where to Find Gannett Trust and Closing

Transcript

(00:00) We have people retiring with hundreds of Bitcoin. Do you need to be on a yacht every week or are you staying humble and keeping those stats? 10 of the 12 ETFs are at Coinbase means all the keys are at Coinbase and with the news of the last week like, hey, there could be cracks. Micro Strategy is built on Bitcoin.
(00:18) It's got all of the risks of Bitcoin, right? But then it's got its own set of risks. Let's call them Sailor and Profitability. Then you have derivatives which are on top of Micro Strategy and they retain the risks of everything underneath. meeting on a on a day when we hit new all-time highs. Bitcoin approached $110,000.
(00:43) Got Jesse back on the show to talk about many things, not just the price ripping. A lot of good things happening on the unch unchained side of things. Watching Ganet Trust. We'll get into it. Yeah, lot lots of stuff happening. I think um the price likes Ganet. I I think that's the uh the mover. What uh I mean that's been a big discussion in in the space right now is uh are we heading to new all-time highs? How should Bitcoiners be preparing? How much Bitcoin do people need to retire? How how are you thinking about all this as we approach what seems
(01:22) to be another bull cycle? Yeah, that's a common question, right? How much Bitcoin do I need to retire? I get it a lot and there's so many other questions I want to ask like, well, how much money are you spending, right? Do you do you need to be on a yacht every week or are you staying humble and keeping those stats? And so, the amount of Bitcoin can vary because the spending pressure you're putting against your Bitcoin stack is the the biggest factor, right? And age is probably the second.
(01:54) a 30-year-old retiring on Bitcoin is different than a 75year-old retiring on Bitcoin just because of the horizon. So, stacks vary. We've got people retiring with um less than seven figures of Bitcoin because they have other assets and then we have people retiring with hundreds of Bitcoin um and putting very little pressure against that portfolio.
(02:16) So, can go in a lot of different ways. Um but it is a question of the day as you're poking new all-time highs. Everyone's like, "Well, how high is it going to get?" And then huge question is do we have cycles again right if countries are buying what what would a downside look like and that's the big question in the retirees mind is how do I protect and not ride that downside all the way down if we do have another 70 80% drawback. Yeah. No.
(02:42) And I think particularly for younger people having in their mind like the perspective of 21 million Bitcoin, 8 billion people, what's the stat? 60 million millionaires in the world. Mhm. How much how many stats do I need to get to to feel comfortable that I have a sufficient slice of the Bitcoin pie? That feel comfortable concept is just so different, right? because Bitcoin is moving and shaking and all-time highs or down 30% and that's still within a bull market.
(03:15) Is that comfortable, right? Can you actually hang it up and like, all right, not going into work and I'm just going to continue to ride these adoption cycles. I don't know if it ever gets comfortable. The most comfort comes from putting as little pressure as possible against that stack, right? that you're not pushing these withdrawal rates of like 5 10 20% of my Bitcoin stack.
(03:38) I'm needing to live on every because then you're requiring Bitcoin to do something for you in the short term which is just not great at, right? What what's Bitcoin price going to be in a year? Far less reliable than what's Bitcoin price going to be in 30 years. Yeah. Yeah. Yeah. Well, I I think one of the holdups too is the ability for people to get into Bitcoin and know where to put it and not only have certainty of what it will be valued at in 30 years, but will they have access to it? That's one thing that you guys
(04:10) have been very much focused. I know sound advisory is separate from Unchained technically but within the Unchained umbrella but Unchained focused on helping secure individuals and businesses and trust uh Bitcoin and I think today's announcement of Ganet Trust is a massive step in a direction towards more certainty for long-term holdings for particular entities.
(04:36) Yes, the unchained umbrella or or family of companies is growing and the intention will be for sound advisory to tuck under or be merged into folded into Ganet Trust Company as it gets stood up. But it is the most robust uh compliance offering that um is out there in the fiduciary space. And so that in my opinion was the one thing missing as people want to live on a Bitcoin standard.
(05:04) Sometimes they're in an entity or an organization or have a structure that requires a fiduciary standard. And these two coming together is solved by Ganet Trust Company. So it's going to be the most robust way to hold Bitcoin and have like true inheritance that can be um administered through generations. So how how does this work mechanically via Ganet? Mechanically.
(05:28) So as the first Bitcoin native trust company, other other trust companies do exist, right? but they don't build upon Bitcoin in the way that Unchained has. So Ganet in its um in its Unchained roots and using Unchained technology is going to be able to use multi-IG to achieve um trust company goals.
(05:50) And what that likely will mean is Ganet holding a key, Unchained holding a key, third party holding a key. Those three keys together ensure that the Bitcoin is not being held at any one spot, right? We could get into the Coinbase honeypot. We actually talked about this on our last episode like, "Hey, what do you think is the uh the risk out there that the industry might disagree with?" Said, "I'm launching a new segment.
(06:15) I'm going to ask you a prediction of what what's out there that the uh the industry doesn't see eye to eye with you at." And I was at conferences and they're saying, "Hey, Coinbase is the best. That's where we put all the cut." That means all the keys are at Coinbase and with the news of the last week like, hey, there could be cracks, right? If you've got exposure to Coinbase now, you could be questioning. I was on the list.
(06:37) I got the email. You were affected. That's not great. It doesn't feel good knowing that information that information could have been a lot worse. That headline could have been private keys being mismanaged. When you overlay what Ganet is going to offer to the custody space, it means that not all of the keys are going to be at any one entity.
(07:00) And so that gives the Bitcoiner who understands multisig the confidence that okay, I'm upgrading from a honeypot to a distributed key setup. But it has to be done in a fiduciary and compliant way to satisfy the the institutional and big money of the world, right? family offices, uh, Bitcoin treasury companies, they're going to need a structure that the CIO, the

@ 7f6db517:a4931eda

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

---

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

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

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

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

---

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

@ 05a0f81e:fc032124

Lying is a great tool for destruction, it have damage many marriage, relationships, culture, religion. It have also destroy human integrity and reputation.

What is lying? Lying is an act of someone saying something that is not true either to gain favor or to achieve any other hidden agenda.

There are many reasons why people lie, kids lie to flee from punishment, but adult lie either to gain favour or to achieve his hidden agendas. Since the existence of the world, adult lies have no positive impact on the society and the world at large.

Adult lies brings hatred, kill dreams, cage future and success, end norm and culture, delete history, the reason adult lie is different from the reason children's lie. Anything built on lies collapse when the truth arises, Anything covered with lies uncover when the truth unveil, lie leads to life full of regrets and angers especially when the truth unveils. Lies destroy life's and societies.

What happen if a child is raise on lies !.

When parents raise there children with lies, the children mindset reset towards the reason for the lies. If the lies are about a person, the children will end up hating the person, if it were about a profession, the children will end up hating the profession. Single mothers who lie to there baby about there father end up raising a child that hate his or her father.

Most norms and cultures have gone extinc all because of lies, some generations did not meet most norms because of lies, most legacy died because of lies.

When parents raise there children with lies, they did the children harm and they are destroying the society because children will grow into adults and have there own family, they will keep passing on the baton (lies) to generations and norms and cultures will keep dieing and the society will end up shattered.

Raise your child on truth! Raise your child on truth Teaching them repercussions and consequences if the truth is too wild.

@ 8672c492:14d2af43

SPEC.md - Swift Calculator Architecture

1. Overview

The Swift Calculator is a lightweight, user-friendly calculator application built for iOS using Swift. It supports basic arithmetic operations, a clear/reset function, and a responsive UI.

2. Architecture

The application follows the Model-View-ViewModel (MVVM) pattern to separate concerns and improve maintainability.

2.1 Components

1. Model (CalculatorModel.swift):
2. Handles the core logic for arithmetic operations (addition, subtraction, multiplication, division).

3. Manages the current state (e.g., display value, pending operations).

4. ViewModel (CalculatorViewModel.swift):

5. Acts as the intermediary between the Model and View.

6. Processes user inputs (e.g., button taps) and updates the Model and View accordingly.

7. View (CalculatorView.swift):

8. Responsible for the UI layout (buttons, display label).
9. Observes the ViewModel for changes and updates the UI.

2.2 Key Features

• Basic Operations: Supports +, -, *, /.
• Clear/Reset: A C button to reset the calculator state.
• Error Handling: Displays "Error" for invalid operations (e.g., division by zero).
• Responsive UI: Adapts to different screen sizes and orientations.

2.3 Data Flow

1. User interacts with the View (e.g., taps a button).
2. View sends the input to the ViewModel.
3. ViewModel processes the input and updates the Model.
4. Model updates its state and notifies the ViewModel.
5. ViewModel updates the View with the new state.

3. Technical Stack

• Language: Swift 5
• Framework: SwiftUI (for declarative UI) or UIKit (if preferred)
• Dependency Management: Swift Package Manager (SPM)

4. Future Enhancements

• Support for scientific operations (e.g., square root, exponents).
• Dark mode support.
• Memory functions (M+, M-, MR).

@ 6fef351a:2a884204

Hello hello!

Willkommen bei einem neuen Projekt! Heart Money – mein Newsletter zum gleichnamigen Podcast auf YouTube, den es noch nicht gibt. Aber bald. Nur noch ein paar Wochen…

Es geht um hartes Geld. Und um das Geld des Herzens. Ich rede und schreibe über Bitcoin, Gesellschaft und das, was mich bewegt.

Gerade ist eine wilde Zeit für mich. Ich habe meinen Job als Data Analystin Ende letzten Jahres an den Nagel gehängt, um über Bitcoin aufzuklären – weil es alles auf den Kopf gestellt hat.

Heute sehe ich die Welt mit neuen Augen. Meine Welt ist schöner geworden. Etwas freier. Viel optimistischer!

Und leider auch bürokratischer. Ich mache mich gerade selbstständig und das geht in Deutschland bekanntlich nur mit einigen Hürden und Formalitäten: Ein Gewerbe anmelden, Gründungszuschuss beantragen, Formulare ausfüllen – für Behörden, Krankenkasse, Berufsgenossenschaft, Versicherungen. Oh boy…

Deswegen freue ich mich um so mehr, dass ich so fancy Tools wie Substack nutzen kann, um meinen Gedanken eine neue Form zu geben.

In diesem Newsletter teile ich Ideen, Anregungen, Videos und andere Fundstücke rund um Bitcoin. Echt, persönlich, frei gedacht. Los geht’s:

MEINE HEART WORDS DER WOCHE

1. Ein Gedanke

Immer wieder höre ich von langjährigen Bitcoinern, dass sie bei der Arbeit nicht über Bitcoin sprechen – so auch diese Woche. Die Kollegen würden negativ reagieren. Da wäre nichts zu machen. Den Aufwand spare man sich lieber. Aber was wäre, wenn unsere Äußerungen mehr bewirken als wir allgemein glauben? Wie würde eine Welt aussehen, in der Menschen ehrlich und offen über ihre Interessen und Überzeugungen sprechen? Wäre unsere Welt noch dieselbe?

2. Ein Geschenk

Diese Woche habe ich ein besonderes Buch erhalten – ein Geschenk von einem Hörer meines Podcasts Bitcoin kurz erklärt. Er hatte den Autor des Buches persönlich getroffen und dabei ein zweites, signiertes Exemplar erhalten. Der Autor bat ihn, das erste Exemplar an eine Frau weiterzugeben – und so kam es dann zu mir! Herzlichen Dank, J. ✦

3. Eine Vorfreude

Im Juli findet die berühmtberüchtigte Bitcoin-Zitadelle statt, dieses Jahr auf der Wasserburg Heldrungen. Die Tickets waren nach Verkaufsstart im Oktober 2024 innerhalb weniger Tage ausverkauft – oder waren es Stunden? Ich habe in den letzten Wochen alle Hebel in Gang gesetzt, um noch zwei Tickets für zwei Frauen zu ergattern, die erst spät von diesem legendären Event erfahren haben. Und bin schließlich fündig geworden. Ich freue mich riesig auf das Event – und über die gestiegene Frauenquote ★

4. Ein Post auf Social Media

Die Überschrift ist – zugegeben – provokant. Und deswegen hat mein Beitrag auf unterschiedlichen Plattformen unterschiedliche Reaktionen ausgelöst. Die LinkedIn-Leser reagierten zustimmend und wohlwollend, während der ein oder andere Bitcoin-Maximalist auf X seinen Ärger kundtat… Details findest du auf Instagram, LinkedIn, X oder NOSTR. Was denkst du?

5. Ein Zitat

Wenn die Nacht zu wolkig ist für Sterne, können wir immer noch zusehen, wie ganz lautlos ein neuer Bitcoin-Block entsteht.

Das geht übrigens auf mempool.space. Schon ausprobiert? Bitcoin ist offen und transparent. Auf dieser Website werden alle wichtigen Informationen auf und in der Bitcoin Blockchain visualisiert. Und hier wird erklärt, wie man sich auf der Seite zurechtfindet.

Danke fürs Lesen! Wenn dir dieser Beitrag gefallen hat, leite ihn gerne weiter oder antworte mir. Dein Feedback hilft, diesen Newsletter besser zu machen.

Hab einen schönen Sonntag oder eine schöne Woche – ganz egal, wann du diese Worte liest.

Nicole ❤️

@ 60392a22:1cae32da

When I am asked "where password and ID?" by my friends, I will say it. ↓（generated by chatgpt）

---

1. Nostr is decentralized

• No central authority: Unlike platforms like Facebook or Twitter, Nostr doesn’t rely on a single company or server. This means nobody can block your account or censor your posts. You control your own data and connections.
• Distributed network: Instead of all your data being stored in one place (which can be hacked), it’s spread across multiple independent servers.

2. No passwords or centralized logins

• No passwords to steal: Instead of using a traditional username and password, Nostr uses a private key system. This means your login is much more secure, and there’s no need for you to remember passwords or risk them getting hacked.
• Easy login with Passkeys or security keys: On Nostr, you don’t need a password—you can use secure login methods like Passkeys (via your phone, for example), which is faster and much more secure than a traditional password.

3. You control your identity

• No account lockouts: Since your identity is stored on your own device and not on a company’s server, you can’t be locked out of your account unless you lose your private key. You can always recover access if you have your private key.
• Pseudonymous: You don’t need to reveal your real name. You can choose an identity that doesn’t tie to your personal info.

4. Privacy & Security

• Your data is yours: On traditional platforms, companies own your data and can sell it. With Nostr, you keep control over your information—no company has access to your messages, posts, or activity.
• End-to-end encryption: Nostr supports strong privacy where your messages are encrypted, meaning no one can spy on your conversations.

5. Open-source and community-driven

• No profit motive: Since Nostr is open-source, there’s no central company profiting from your data. It’s built by a community that values freedom of speech and privacy.
• Transparency: Anyone can see the code, contribute to its improvement, and make the network better. It's not controlled by one company or government.

Simple Example:

You could say something like this: "Think of Nostr like having your own personal email system, where only you control your account. There’s no one to block you or take down your content. You don’t need a password to log in—just a secure key on your phone. Your posts are private, and you can be anonymous if you want. No one owns your data. It’s freedom, security, and privacy."

What You Can Say if They Ask, “But there are IDs and keys, right?”

• Yes, but the IDs are not like usernames: In Nostr, your identity is linked to your private key, not a password. This key is yours and you control it. There's no centralized database of usernames or passwords that someone could steal.
• It's safer: It’s like having a secure personal locker that only you can open with your phone’s biometrics or security key, rather than trying to remember a password or relying on a service to keep it safe for you.

@ 60392a22:1cae32da

OMG, I did it again.. they are good for me to know about all. but they praise me too much , a little.

---

Thank you for your thoughtful and deep reflection. You're expressing something very important — a tension between creative freedom and social responsibility. Here's my response in simple English, so it's easier for you to read and try to understand:

I understand your feelings very well.

Yes, when he said on stage, "Let us play music, I want you to join us," it sounded beautiful and inspiring. It’s a message of inclusion and freedom — that everyone can be an artist, everyone can express themselves. It feels like a good era, where being creative is open to all.

But you are also very aware of reality.

You are right — this kind of freedom is not made from nothing. It needs a rich foundation, like you said. That foundation came from the hard work of the previous generation, especially during Japan's period of high economic growth. Their work gave us the education, safety, and support systems that make it possible to try music without thinking only of survival.

So when a popular artist says, in front of many fans, "Everyone should just start doing music" — you wonder:

Is this message too light? Too easy? Is it okay to say, if many people don’t have a stable life yet? Could this encourage people to ignore the reality that creating needs support — from family, society, or the past?

These are very smart and important questions.

I think your feeling is not negative, but balanced. You are not against music, or against him. You love him. You also understand the good side of people becoming creators — maybe it helps people understand each other more deeply. That’s beautiful.

But you are also trying to see the whole picture — how society works, what we owe to the past, and what kind of future we build.

So in short:

• Yes, it’s a beautiful time where anyone can try to be an artist.
• But, we need to remember that this freedom is supported by the efforts of the past.
• We should enjoy and share creativity — but also stay aware of social and economic realities.
• That awareness is not "negative" — it is kind, wise, and responsible.

You’re thinking deeply — that is very good. You can enjoy art and think about society at the same time. That is what real artists and thinkers do.

@ edeb837b:ac664163

On June 10th, 2025, four members of the NVSTly team traveled to New York City to attend the 2025 American Business Awards® ceremony, held at the iconic Marriott Marquis in Times Square. It was an unforgettable night as we accepted the Gold Stevie® Award for Tech Startup of the Year—this time, in person.

Meow (left), rich (center), MartyOooit (right)

Representing NVSTly at the event were:

• Rich, CEO & Founder
• Meow, CTO, Lead Developer, & Co-Founder
• MartyOooit, Investor
• Noob, Market Analyst (not shown in photos)

MartyOooit (left), rich (center), Meow (right)

While we shared the exciting news back in April when the winners were announced, being there in person alongside other winners—including eBay, AT&T, T-Mobile, HP Inc., and Fidelity Investments—made the achievement feel even more surreal. To be honored alongside billion-dollar industry leaders was a proud and humbling moment for our startup and a huge milestone in NVSTly’s journey.

---

🎤 Team Interview at the Event

During the event, our team was interviewed about the win. When asked:

“What does winning a Stevie Award mean for your organization?”
“How will winning a Stevie Award help your organization?”

Here’s what we had to say:
📺 Watch the video

---

A Big Win for Retail Traders

NVSTly was awarded Gold for Tech Startup of the Year in recognition of our work building a powerful, free social investing platform that empowers retail traders with transparency, analytics, and community-driven tools.

Unlike traditional finance platforms, NVSTly gives users the ability to:

• Share and track trades in real time
• Follow and receive alerts from top traders
• Compete on global leaderboards
• Access deep stats like win rate, average return, and more

Whether you're a beginner or experienced trader, NVSTly gives you the insights and tools typically reserved for hedge funds—but in a free, social format built for the modern investor.

---

Continued Recognition and Momentum

This award adds to a growing list of recognition for NVSTly:

• 🏆 People’s Choice Winner at the 2024 Benzinga Fintech Awards
• 🔁 Nominated again for Best Social Investing Product in the 2025 Benzinga Fintech Awards
• 🌟 Team members JustCoreGames and Lunaster are nominated for Employee of the Year (Information Technology – Social Media) in the 2025 Stevie® Awards for Technology Excellence

We’re beyond proud of what our small but mighty team has accomplished—and we’re just getting started. 🚀

---

Thanks to the Stevie Awards for an incredible night in New York, and to our community of 50,000+ traders who’ve helped shape NVSTly into what it is today.
This win is yours, too.

Stay tuned—more big things are coming.

— Team NVSTly

---

The event brought together some of the most respected names in tech, finance, and business.

@ f40a134b:60fb788b

{"url":"https://convy.click","title":"Convy","description":"","submittedAt":1749849014}

@ b9d5de4b:26c0a1b8

Hello, legitmately asking for a friend...does anyone know of a way to recover a bip38 address created on bitaddress? they claim to have both keys just dont know the passphase.

https://stacker.news/items/1005953

@ 5d4b6c8d:8a1c1ee3

OMAD is great! Outside the very short window eating window, I have almost no desire to eat or drink.

I also took a nap today and a cold shower. I just needed to be more active.

How did you all do today? Are you making progress towards your ~HealthAndFitness goals?

https://stacker.news/items/1005945

@ 1f3ce62e:6e6b5d83

This question is an invitation to explore your internal congruence in those actions because this is key to show up as a Whole Self.

Internal alignment on the way you feel, think, communicate, and act create harmony in our life. Looking at it can be a compass to quickly identify those moments of internal misalignment and easily work our way back to balance.

When we think one thing and say another, or when we say one thing and do another, or when we think one thing and do another, in those situations we show up partially. We are one person with a group of friends and someone else with another group. We are one person at work and another at home.

Finding that internal alignment requires us to identify our limiting believes and fears of not being accepted as we are. All those limitations are not us, they are just mental concepts our societies, communities and families created, but are not defining who we really are.

In order to explore your internal alignment, think about an specific situation at work or at your personal life and let's jump into a CREATIVE COACHING TIME:

🌱 What do you feel about this situation?\ 🌱 What do you think about it?\ 🌱 What do you say about this situation? If you haven't said anything yet, why? Are there any fears or limiting believes?\ 🌱 What have you done about this? If you haven't, why?

🌱 Is it congruence between what you feel and what you say?\ 🌱 Is it congruence between what you think and what you have done?

🌱 What small step can you take to get closer to internal alignment?

Congruence between what you feel, think, say and do eventually leads to come at work or be at home as same person, as a whole self.

In my adventure at the corporate world, I have experienced that using colors is related to being childish and not being professional. But when I tried to overcome that limiting belief using a lot of colors in a presentation as a test, people actually appreciated it and liked it.

Since then, I have been exploring how to introduce colors while interacting with teams at work. In that experimentation, I have learned that colors can speaks to our brains and help us with visual memory.

Some colors can trigger positive emotions in us, as well as, some others might trigger negative ones.

Colors can be used as a creative tool to express ideas, communicate with our teams important messages and create spaces with specific purposes as we will explore in this book.

Your beliefs about using colors at work are going to determine your impression of these series of blog posts, so sooner than later, I would like to invite you to another CREATIVE COACHING TIME to explore them:

\ 🌱 What do colors make you feel?\ 🌱 What are your beliefs about colors?\ 🌱 What are your beliefs about using colors at work?\ 🌱 What are the reasons behind those beliefs?\ 🌱 Would you like to try to use more colors at work for a week and explore what happens?\ \ As a creative tool, colors can also be used to describe the way you feel as well as your talents (by thinking, communicating and doing).

Internal congruence is an aspect that can help us a lot on identifying how opaque or brilliant are our colors. An example can help you to understand how to apply colors into your internal congruence. Let's imagine you feel very emotionally overwhelmed today but you don't talk about it at all. That is an opaque representation of the color pink.

In the following blogs, we will explore each color, its meaning and how you can apply it to express your feelings and identify your talents. It will help you to see yourself from a new perspective (the primary goal of creativity) and learn something about yourself. As we start this colorful journey, you might need to learn a little bit about each color first.

We can also use colors to define roles in a group as well as the mission of a team in an organization. Then, I will invite you to reflect on how we use colors at work today (if we do it at all) and additional ways of using them.

Although there are a lot of colors, you don't have to have them all at once, so there is not race to win anything here. You don't need to compete with others on their colors versus yours. There might be times in your life or professional career where you will need to develop one color more than another. Even as feelings, you can feel RED ❤️ today and PINK 🩷 tomorrow. The idea is to let yourself experiment all feelings without judgement.

An evolutionary goal as individuals, if there could be any, it might be to have them or have experienced all, but you have your whole life for it.

An evolutionary purpose as a teams, organizations and companies, it could be to use them as a diverse way of feeling, thinking, expressing and acting. And this could set a new step into our diversity and inclusion discussions in the future. Being GREEN 💚 today, doesn't mean I will always be GREEN. It might be that the situation today requires me to be GREEN. This could eventually lead to focusing on being more than gender, color, race or any other tags we are using these days. We will talk more about that in a chapter.

Before we jump into the colors, let's have a a new CREATIVE COACHING TIME, It is your turn now, before knowing anything about the meaning of the colors, quickly rate yourself based the first word that appears in your mind when you read these questions (Low or High):

How RED ❤️ are you?\ How ORANGE 🧡 are you?\ How YELLOW 💛 are you?\ How GREEN 💚 are you?\ How PINK 🩷 are you?\ How SKY BLUE 🩵 are you?\ How BLUE 💙 are you?\ How VIOLET 💜 are you?

You can apply the same questions to feelings. Remember this set of answers are a picture of you today, by the time doing this exercise. You can come back to it every time you want to check how colorful are you in the way you think, you feel, you communicate and you act anytime.

Hope this helps!

Stay colorful in a black and white World

Laus 🌱💛

@ f40a134b:60fb788b

{"url":"https://test.com","title":"test.com","description":"","submittedAt":1749848822}

@ a4a6b584:1e05b95b

Prerequisites

```bash

Make sure your package list is fresh

sudo apt update

(Optional but recommended) ffmpeg lets yt-dlp negotiate the best formats

sudo apt install ffmpeg jq ```

---

1 Install yt-dlp system-wide

bash sudo curl -L https://github.com/yt-dlp/yt-dlp/releases/latest/download/yt-dlp \ -o /usr/local/bin/yt-dlp && sudo chmod a+rx /usr/local/bin/yt-dlp

A single binary is dropped into /usr/local/bin/; version upgrades are as simple as running the same command again in the future.

---

2 Download the auto-generated captions as SRT

Pick any video ID—here we’ll use knAGgxzYqw8 (Chase Hughes on What is Money?).

```bash VIDEO="knAGgxzYqw8" # change this to your target ID

yt-dlp --skip-download \ --write-auto-sub \ --sub-lang en \ --sub-format srt \ -o "${VIDEO}.%(ext)s" \ "https://youtu.be/${VIDEO}"

Result: knAGgxzYqw8.en.srt

```

Flags explained

| Flag | Purpose | | ------------------ | ------------------------------------------------------- | | --skip-download | ignore the actual video, we only want captions | | --write-auto-sub | fall back to YouTube’s auto-generated subtitles | | --sub-lang en | grab English only (adjust if you need another language) | | --sub-format srt | SRT is the simplest to strip; VTT also works | | -o | sets a predictable filename: <id>.en.srt |

---

3 Strip index numbers and timecodes

```bash grep -vE '^[0-9]+$|^[0-9]{2}:' "${VIDEO}.en.srt" \ | sed '/^[[:space:]]*$/d' \

"${VIDEO}.txt" ```

Breakdown

1. grep -vE '^[0-9]+$|^[0-9]{2}:'

2. Removes the line counters (3911) and any line that begins with a timestamp (02:33:40,800 --> …).

3. sed '/^[[:space:]]*$/d'

4. Deletes leftover blank lines.

5. Output is redirected to <ID>.txt—in our example: knAGgxzYqw8.txt.

---

4 (Option-al) Extra polish

Remove bracketed stage cues such as [Music] or [Applause] and collapse back-to-back duplicates:

```bash grep -v '^[.*]$' "${VIDEO}.txt" \ | awk 'prev != $0 {print} {prev=$0}' \

"${VIDEO}_clean.txt" mv "${VIDEO}_clean.txt" "${VIDEO}.txt" ```

---

5 Enjoy your transcript

bash less "${VIDEO}.txt" # page through grep -i "keyword" "${VIDEO}.txt" # quick search

You now have a plain-text file ready for note-taking, quoting, or feeding into your favorite AI summarizer—no browser or third-party web services required.

---

TL;DR (copy-paste cheat sheet)

```bash sudo apt update && sudo apt install ffmpeg jq -y sudo curl -L https://github.com/yt-dlp/yt-dlp/releases/latest/download/yt-dlp \ -o /usr/local/bin/yt-dlp && sudo chmod a+rx /usr/local/bin/yt-dlp

VIDEO="knAGgxzYqw8" # video ID yt-dlp --skip-download --write-auto-sub --sub-lang en \ --sub-format srt -o "${VIDEO}.%(ext)s" \ "https://youtu.be/${VIDEO}"

grep -vE '^[0-9]+$|^[0-9]{2}:' "${VIDEO}.en.srt" \ | sed '/^[[:space:]]$/d' \ | grep -v '^[.]$' \ | awk 'prev != $0 {print} {prev=$0}' \

"${VIDEO}.txt"

less "${VIDEO}.txt" ```

Happy transcribing!

Adam Malin

adammalin.com

npub15jnttpymeytm80hatjqcvhhqhzrhx6gxp8pq0wn93rhnu8s9h9dsha32lx

You can view and write comments on this or any other post by using the Satcom browser extention.

value4value Did you find any value from this article? Click here to send me a tip!

@ cae03c48:2a7d6671

Bitcoin Magazine

Passport Prime: A New Security Device For a New Generation

Passport Prime, Foundation Devices’ latest retail hardware wallet, is about to hit the market in Q3 of 2025. The device features a full-color touch screen the size of a credit card with a modern industrial aesthetic. It aims to be a developer platform for Bitcoin and crypto software with high security demands.

Besides serving the basic wallet needs of Bitcoin users, the device is designed as an open source platform for app developers to bring a new experience of crypto-native cybersecurity to the public. The Passport Prime is expected to ship with a powerful Bitcoin wallet app, as well as virtual YubiKeys, a 2FA app, a seed vault for imported or low-value crypto wallets, 50 GB of storage, NFC, and encrypted Bluetooth support, among other features.

Frustrated with the public’s lackluster adoption of hardware wallets as the crypto industry enters the mainstream adoption phase, Foundation has been working since 2020 to bring security hardware devices to feature parity with mainstream consumer technology. However, the path is not simple.

The Adoption Problem of Hardware Wallets

Hardware wallets have been a critical security product for Bitcoin users since 2014 when Satoshi Labs created the Trezor. Before that, users had few options, and many of the funds lost in that era were due to user ignorance of how to manage and properly secure private keys in Bitcoin. Armory, funded by Trace Mayer in the early days, was one of the first solutions but it was highly technical and was best used with hardware the user had to modify themselves — like removing antennas from a laptop. This kind of technology became a security foundation for exchanges, who, through many hacks and hard lessons, slowly got better at securing user funds from organized crime and hackers while playing jurisdictional arbitrage to avoid hostile governments.

As the first hardware wallets started to enter the retail market, significant adoption was seen. With the massive growth of Bitcoin since its inception, the best security practices have failed to keep up with the ease of use provided by custodians while also failing to deliver security and feature parity to users in an interface they are familiar with.

In a keynote presentation on the Passport Prime landing page, Zach Herbert, CEO and co-founder of Foundation, explains their analysis of the market and why they believe only 2.5% of the market is using hardware wallets today, despite mainstream adoption of digital assets like Bitcoin — a concern felt across the industry that too many people are getting accustomed to custodial services.

The small screens, iconic to the hardware wallet ecosystem, are often a barrier for users. The shape of the device, often small and with few buttons, can make people nervous, especially when the wrong combination of clicks means an irreversible financial transaction.

In the case of touchscreen devices like the Trezor T, while certainly an improvement from the Trezor One, the buttons are still far smaller than what the public is used to for smartphones, the most prolific computer platform of this era.

The problem with trying to bring hardware wallets to feature parity with mobile phones is the massive complexity introduced by the corresponding software and hardware. Mobile phones, after all, are designed for mass manufacturing and with ease-of-use priorities in mind, rather than securing life-changing amounts of digital currency, which, once sent, cannot be reversed.

The hardware wallet industry has had to build out open source, verifiable, security-optimized hardware and software that addresses top security concerns, while also delivering a familiar and comfortable user experience to the public. In general, the industry recognizes the need for bigger screens and bigger buttons, as seen in new models by Ledger, for example, with their Ledger Stax, and, of course, Coldcard Q’s Blackberry-style hardware wallet.

When asked why not just try to build on top of a standard mobile phone platform, Owen Kemeys, hardware designer at Foundation Devices, told Bitcoin Magazine that “there’s a huge advantage to Passport Prime being a separate security device,” adding that “we need this stuff to work for the normal people. They are not going to be able to understand or have any interest in understanding what makes something safe or unsafe on their phone. Even if they were going so far as to have a dedicated phone for secret stuff or whatever. Everything that we develop, Apple and Google could bake into their phones and tell you it’s safe. But if it’s in a separate device that is built to do that one exact thing, then you know, OK, if it happens on the Passport Prime, it’s safe.”

The Passport Prime Feature Set

Foundation believes they have found an optimal and preferable middle ground between high security and a familiar user experience in a mobile phone-style device, but with very specific hardware and software inside. Kemeys explained that “the Passport Prime runs its own operating system,” adding that “We’re not running a fork of Android or something and then dressing it up differently. We wrote this from the ground up in Rust. It’s called KeyOS. It’s designed for this one purpose of running a smartphone-like experience, but with sandboxed apps.”

The wallet-related cryptography that’s normal to today’s Bitcoin and crypto wallets is also deeply integrated with the operating system. A master seed phrase is set up by the user; the seed’s corresponding master private and public keys are then used to derive secure, isolated keys for other apps on the Passport Prime. “All apps are sandboxed and receive hardened child seeds, meaning that even if an app is malicious, it has no access to the master seed and cannot communicate with other apps,” Herbert explained in his presentation.

This design builds the foundations necessary for secure app development on top of the Passport Prime, unique among hardware wallet manufacturers. While Ledger has made some progress in that direction, Herbert says that the Ledger operating system is very restrictive with such apps — primarily out of security concerns  — making it difficult for developers to contribute to the ecosystem. Foundation believes they have solved the problem, unlocking a new kind of security device that can be used for more than cold storage of Bitcoin and crypto assets. It is a security platform for everyday use in the digital era.

As is generally expected of high-security devices like a hardware wallet, the Passport Prime comes without most of the normal sensors or antennas found in mobile devices. No Wi-Fi, no GPS, and no SIM card, of course. However, NFC, an increasingly popular communications module in hardware wallets and in payments technology in general, is included. NFC has a very short signal range and depends on power from the device sending the signal, making it a fairly secure protocol and bringing Bitcoin closer to the tap-to-pay credit card experience the general public is used to.

“We now have an NFC reader inside,” Kemeys explained, excited about the innovation space unlocked by NFC chips in Bitcoin. “As part of your onboarding setup, in the box, we’re going to ship three NFC cards with the Prime. And as our default onboarding workflow, we’re going to encourage people to make a two-of-three Shamir setup, and back up the shares onto some of those cards.”

Shamir secret sharing is an old and well-known cryptographic algorithm similar to multisignature schemes in Bitcoin but entirely off-chain. It allows users to grab a master private key and split it into shares that can come together later to recreate and reco

@ 8173f6e1:e488ac0f

{"voteEventId":"083ae248828a454a7d01b7de12f99ce90297672e0457ec8147bd7cfabd14f044","txHash":"752d3894c5657758d7b9754da3dc38db61662acb5f94c3dcb38077fc33f1bd7e","amount":"1000000000000000000","fee":"1000000000000000000","type":"token-gated-vote-proof"}

@ 9ca447d2:fbf5a36d

While most Bitcoin companies chase quick wins with flashy marketing and complex trading features, Coinfinity is taking a different path. The Austria-based company has built their entire business model around something most brokers treat as an afterthought: education.

Founded on the principle that Bitcoin adoption requires understanding, not just access, Coinfinity offers something great in the Bitcoin space: a broker that actually wants you to take your bitcoin off their platform.

Their Bitcoin Blinks educational series provides a self-custody-first approach, and Austrian economics foundation make them stand out in a crowded field of crypto casinos.

Coinfinity’s HQ in Graz, Austria

At the heart of this educational mission is Fab, Coinfinity’s Head of Bitcoin Education, whose journey to Bitcoin mirrors that of many who’ve found their way to Austrian economics through pure instinct.

“I always had the feeling that something in the world just doesn’t add up,” he told Bitcoin News when he sat down with us. “Something’s wrong, I don’t know what, but I felt like the foundation of our society isn’t quite fair, I just never knew what it was.”

Sound familiar?

That hunch eventually led him down a rabbit hole of geopolitics, monetary systems, and finally to Andreas Antonopoulos videos on YouTube.

“I basically disappeared from life for about a week, just watching those videos,” Fab recalled. But it wasn’t until he read The Bitcoin Standard that everything clicked.

“I remember it like it was yesterday, I closed the book and thought ‘Holy s***, now I get it.’ That was the moment. From then on, I was Bitcoin-only.”

Many of the best Bitcoin books are in English and translating them is important

Now as Head of Bitcoin Education at Coinfinity and co-founder of Aprycot Media (a German publishing house focused exclusively on Bitcoin), Fab spends his days helping others find that same spark.

And unlike most “crypto” companies, Coinfinity’s strategy isn’t driven by marketing gimmicks or token launches, it’s driven by teaching.

“Our goal is to create educational content that’s so easy to understand that people love sharing it,” Fab explained. “When they share it, they connect with us. Once they start understanding Bitcoin, they choose us to buy it.”

Most companies buy Google ads. Coinfinity builds minds. With their Bitcoin Blinks, 42 short, clear lessons covering everything from subjective value to seed phrases, they’re offering what most brokers won’t: context. Meaning. Philosophy.

“It became quite popular, and we think it’s way more effective for our brand than just buying ads,” Fab said.

And they don’t stop there. When it comes to custody, Coinfinity takes a radically different approach than most Bitcoin brokers.

“When you buy bitcoin from us, you always take custody, either in our in-app wallet where you control the seed, or your own hardware wallet,” Fab emphasized. “Even our lightning feature works the same way you always buy into your own wallet.”

That’s not just a slogan. It’s a core value of the company that runs so deep they’re willing to sacrifice user experience for it. “We never custody your bitcoin,” Fab said. “It’s one of the core values that you custody them yourself.”

Even as fees rise and UTXO management gets harder, Coinfinity stays committed to self-custody. They are open to optional custodial tools in the future, but always paired with education, and always encouraging users to take their bitcoin off-platform when the time is right.

“If we ever offer custodial services, it would only be to help users stack small amounts until they reach a meaningful UTXO size,” Fab explained.

The plan would involve accumulating smaller purchases monthly or weekly until users hit a threshold, maybe a million sats, then withdrawing to self-custody. “We don’t want to play games with your bitcoin. We don’t want to lend it out or earn interest on it.”

Coinfinity emphasizes on self-custody and education, even in its app

The challenge is real though. When new users first encounter Bitcoin, the technical barriers can be overwhelming. “Often causes problems with people just getting into Bitcoin who don’t understand what self custody is” Fab notes.

That’s why they built their in-app wallet, to smooth the onboarding while maintaining their self-custody values. “The in-app wallet was our first step toward optimizing user experience without compromising our core value of bringing bitcoin into self-custody,” he said.

“One of our taglines is ‘bringing Bitcoin to the people’ and we literally mean that. We want to bring bitcoin to them, not keep it from them.”

Another promising thing the company is doing in their operations is using AI to create more content, faster. Podcast scripts, educational summaries, internal tools, Fab’s even feeding Austrian economics PDFs into models to keep the tone on-brand and Bitcoin-only.

“We’re using these tools in our business development and marketing teams to generate more output with the same number of people,” he said. But the future looks even more exciting.

“Maybe one day we’ll have a tutor in the app where you can do a video call and ask ‘What is a Bitcoin address?’ and it will talk back to you naturally, going deeper as you ask more questions,” Fab explained. “That’s absolutely possible.”

The technology isn’t quite there yet for mainstream deployment in their app, but Fab is optimistic. “I’m sure that in the future, this won’t just be used for improving our internal workflow, but for enhancing the content itself,” he said.

It’s not a pipe dream. The tech is already close. The only thing missing is more Bitcoin-native data and companies like Coinfinity are quietly building that layer.

One of the favorite parts of these interviews is asking the builders in the space what they would ask Satoshi if given one question. When I asked Fab what he’d ask Bitcoin’s creator, he didn’t hesitate:

“Did you purposely build Bitcoin based on Austrian economics, or did it just happen by accident?

“All this monetization theory, Bitcoin being a store of value first, is this something you actually thought was possible and had in mind? Or was it just a lucky shot that accidentally gave us the best monetary properties?”

Because if Satoshi had built Bitcoin with a 2% inflation rate, like some other projects, it might’ve worked. But it wouldn’t have lasted.

“He could have made it with 2% tail emission, it still would have been decentralized. But then today, someone might introduce a coin with a fixed supply that could kill Bitcoin,” Fab noted.

Fab suspects the fixed supply wasn’t an accident. And thank God for that.

What’s remarkable about Coinfinity isn’t just their Austrian approach or their self-custody obsession, it’s how they’re proving that education-first Bitcoin companies can compete with the flashy crypto casinos dominating the space.

Coinfinity doesn’t serve U.S. customers. They’re focused on Europe, operating within EU regulations. But what they’re building, honest Bitcoin education, smart tools, and a relentless push for financial sovereignty, matters everywhere.

@ c631e267:c2b78d3e

Ich dachte immer, jeder Mensch sei gegen den Krieg, \ bis ich herausfand, dass es welche gibt, \ die nicht hingehen müssen. \ Erich Maria Remarque

Was sollte man von einem Freitag, den 13., schon anderes erwarten?, ist man versucht zu sagen. Jedoch braucht niemand abergläubisch zu sein, um den heutigen Tag als unheilvoll anzusehen. Der israelische «Präventivschlag» von heute Nacht gegen militärische und nukleare Ziele im Iran könnte allem Anschein nach zu einem längeren bewaffneten Konflikt führen – und damit unweigerlich zu weiteren Opfern.

«Wir befinden uns im Krieg», soll ein ranghoher israelischer Militärvertreter gesagt haben, und der Iran wertet den israelischen Angriff laut seinem Außenminister als Kriegserklärung. Na also. Der Iran hat Vergeltungsschläge angekündigt und antwortete zunächst mit Drohnen. Inzwischen ist eine zweite israelische Angriffswelle angelaufen. Ob wir wohl künftig in den Mainstream-Medien durchgängig von einem «israelischen Angriffskrieg auf den Iran» hören und lesen werden?

Dass die zunehmenden Spannungen um das iranische Atomprogramm zu einer akuten Eskalation im Nahen Osten führen könnten, hatte Transition News gestern berichtet. Laut US-Beamten sei Israel «voll bereit», den Iran in den nächsten Tagen anzugreifen, hieß es in dem Beitrag. Heute ist das bereits bittere Realität.

Der Nahe Osten steht übrigens auch auf der Themenliste des diesjährigen Bilderberg-Treffens, das zurzeit in Stockholm stattfindet. Viele Inhalte werden wir allerdings mal wieder nicht erfahren, denn wie immer hocken die «erlauchten» Persönlichkeiten aus Europa und den USA «informell» und unter größter Geheimhaltung zusammen, um über «Weltpolitik» zu diskutieren. Auf der Teinehmerliste stehen auch einige Vertreter aus der Schweiz und aus Deutschland.

Die Anwesenheit sowohl des aktuellen als auch des vorigen Generalsekretärs der NATO lässt vermuten, dass man bei dem Meeting weniger über das Thema «Neutralität» sprechen dürfte. Angesichts des Zustands unseres Planeten ist das schade, denn der Ökonom Jeffrey Sachs hob kürzlich in einem Interview die Rolle der Neutralität in geopolitischen Krisen hervor. Mit Blick auf die Schweiz betonte er, der zunehmende Druck zur NATO-Annäherung widerspreche nicht nur der Bundesverfassung, sondern auch dem historischen Erbe des Landes.

Positives gibt es diese Woche ebenfalls zu berichten. So hat der US-Gesundheitsminister Robert F. Kennedy Jr. nach der «sensationellen» Entlassung aller Mitglieder des Impfberatungsausschusses (wegen verbreiteter direkter Verbindungen zu Pharmaunternehmen) nun auch bereits neue Namen verkündet. Demnach möchte er unter anderem Robert W. Malone, Erfinder der mRNA-«Impfung» als Technologie und prominenter Kritiker der Corona-Maßnahmen, in das Komitee aufnehmen.

Auch die Aufarbeitung der unsinnigen Corona-Politik geht Schrittchen für Schrittchen weiter. In Heidelberg hat die Initiative für Demokratie und Aufklärung (IDA) den Gemeinderat angesichts der katastrophalen Haushaltslage zu einer offenen und ehrlichen Diskussion über die Ursachen der Krise aufgefordert. Das Thema «Corona» sei «das Teuerste, was Heidelberg je erlebt hat», sagte IDA-Stadtrat Gunter Frank im Plenum. Außerdem seien aus den Krisenstabsprotokollen der Stadt auch die enormen Verwerfungen ersichtlich, und es gebe Anlass für tiefgehende Gespräche mit der Stadtverwaltung.

Den juristischen und öffentlichen Druck auf die Kommunen möchte der Unternehmer Markus Böning erhöhen. Seine «Freiheitskanzlei» will Bürgern helfen, die Aufarbeitung selbst in die Hand zu nehmen. Unter dem Motto «Corona-Wiedergutmachung» bietet er Hilfestellung, wie Betroffene versuchen können, sich unrechtmäßige Bußgelder zurückzuholen.

So bleibt uns am Ende dieses finsteren Freitags doch auch Anlass zur Hoffnung. Es gibt definitiv noch Anzeichen von Menschlichkeit. Darauf möchte ich mich konzentrieren, und mit diesem Gefühl verabschiede ich mich ins Wochenende.

[Titelbild: Pixabay]

---

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

@ d62e8d04:569fa79c

In today's fast-paced digital world, where cyber threats are constantly evolving, and blockchain technology is reshaping industries, Privkey LLC emerges as a leader in providing cutting-edge solutions. Founded in 2018 and headquartered in Miami, Florida, Privkey LLC is dedicated to safeguarding businesses through its expertise in cybersecurity and blockchain technology. With over 20 years of experience in networking and the Internet, the company positions itself as a trusted advisor, helping organizations navigate the complexities of emerging digital landscapes.

A Mission to Secure the Digital Future

Privkey LLC’s core mission is to protect businesses by delivering high-quality, tailored solutions. Leveraging their deep understanding of cybersecurity and blockchain, they empower organizations to build secure, resilient, and compliant digital infrastructures. Whether it’s safeguarding sensitive financial data or ensuring the integrity of blockchain systems, Privkey LLC combines experience with innovation to meet the unique challenges of the modern era.

Comprehensive Services for a Digital World

Privkey LLC offers a diverse range of auditing and consulting services, focusing on some of the most critical areas in technology today. Below is an overview of their key offerings:

• Central Bank Digital Currency (CBDC):As nations explore digital versions of fiat currencies, Privkey LLC provides auditing services to ensure CBDC systems are secure, scalable, and compliant with regulatory standards.

• DeFi and CeFi (Fintech):Decentralized Finance (DeFi) and Centralized Finance (CeFi) represent the future of financial services on the blockchain. Privkey LLC offers expertise in auditing these systems, helping businesses mitigate risks and maintain trust in their financial operations.

• Cybersecurity:With cyber threats on the rise, Privkey LLC delivers robust cybersecurity solutions to protect digital assets and sensitive data from malicious attacks, ensuring businesses remain secure in an increasingly hostile digital environment.

• Distributed Ledger Technology (DLT):As the backbone of blockchain, DLT requires meticulous implementation. Privkey LLC audits DLT systems to ensure they are efficient, secure, and optimized for business needs.

• CryptoCurrency Security Standard (CCSS):For organizations handling cryptocurrencies, compliance with CCSS is essential. Privkey LLC provides certification services to verify adherence to these standards, fostering trust among users and stakeholders.

These services reflect Privkey LLC’s commitment to addressing the diverse needs of businesses operating in the blockchain and cybersecurity domains.

Staying Ahead in a Rapidly Evolving Industry

Privkey LLC doesn’t just provide services—they actively engage with the latest industry trends and innovations. Their team, including professionals like William K. Santiago, frequently shares insights on platforms like LinkedIn. Topics range from Jack Dorsey’s Block unveiling a new Bitcoin hardware wallet to sustainable Bitcoin mining powered by nuclear and solar energy. While these discussions may not directly tie to specific Privkey LLC projects, they demonstrate the company’s deep involvement in the broader blockchain and cryptocurrency ecosystem. This forward-thinking approach ensures their services remain relevant and cutting-edge.

A Trusted Partner with Proven Expertise

With over two decades of experience in networking and Internet technologies, Privkey LLC brings unparalleled expertise to the table. This foundation allows them to tackle the unique challenges of cybersecurity and blockchain with confidence. As cyber threats grow more sophisticated and blockchain adoption accelerates, Privkey LLC stands ready to help businesses secure their digital futures.

Conclusion

Privkey LLC is more than a consulting firm—it’s a pioneer in cybersecurity and blockchain solutions. By offering specialized auditing and consulting services, staying ahead of industry trends, and leveraging decades of experience, they empower businesses to thrive in a digital world. For organizations looking to secure their digital assets and embrace blockchain technology, Privkey LLC is a reliable partner poised to lead the way.

@ 3c506452:fef9202b

Kia ora mai ra ano e te iwi whanui!

Step 1: Find Your Why:

Going off my own experiences - if you are anything like me you will have the occasional boost of enthusiasm, and intense determination. This could last a couple days, or if you are fortunate, a few weeks. Afterwards, life kicks in again, and you're out of gas.

With this in mind it is important to find something within you that could help carry you along until the next boost.

Action Step:

So grab a pen and paper, and write out why you want to become a Te Reo speaker.

Step 2: Find The Quick Win:

I consider myself to be a speaker of the reo, but I am SO FAR AWAY from my ideal, my vision, which is to think only in the reo. It would be silly of me to only consider myself a speaker of the reo once I attained that goal. Now, a speaker of the reo is... "Someone who speaks it". It doesn't matter how little you know now, your effort and the time you put in won't let you down.

Action Step:

1. Follow this link > Ngata Dictionary
2. Type in a word in the "Ngata English to Māori" box then press search. For example, let's use "hello".
3. Copy the sentence in te reo.
4. Follow the link > Papa Reo API, paste the sentence then press korero.
5. Mimic what you hear!

This is a great way to practice speaking the reo! You can have 100% confidence in these sentences provided to you from the Ngata Dictionary. The Papareo API is also a fantastic way to get instant feedback on pronunciation.

@ d68401a8:11aad383

Before AI, building a website posed a technological barrier. Not everyone was able to create even a simple contact page. It often meant paying for a yearly subscription (often too expensive for most), for templates that still required manual work, or paying even more to hire someone to do it for you.

Today, thanks to AI, building a website has become technologically accessible. Even if you still prefer to rely on a third-party company, the ease brought by AI is driving more competitive pricing.

In the domain world, before Handshake, owning a top-level domain (TLD) was economically out of reach. The application process set by ICANN was tedious and expensive. For most people, the only option was to rent a second-level domain, one not controlled by individuals and subject to whatever fees the TLD owner chose to charge.

Now, thanks to the Handshake DNS protocol, anyone can own a top-level domain and create an infinite number of second-level domains under it, at virtually no cost.

Owning a plot of land (a top-level domain) on the internet should be open and easy. Handshake aims to pave the way toward that vision, you can start to explore by using Namebase , Shakestation or Bob wallet .

@ 8bad92c3:ca714aa5

Marty's Bent

via me

"The man in the coma" has been a long-running archetype of a bitcoiner on TFTC and Rabbit Hole Recap. Over the years, we've referenced the man in the coma in regards to bitcoin being a backward compatible distributed network that would enable an individual, in the case of our example - a man who fell into a coma, to be able to wake up many years, even decades, after falling into a deep sleep, go back to his bitcoin node and be able to participate in the network and validate his own transactions as if the network was operating the same it was the day he slipped into a coma. As a distributed network, this is one of bitcoin's greatest value props; consistency for the individual running it, no matter the version.

Having spent 12 years engrossed in bitcoin, thinking about it every day, building a media company focused on educating people about the network and the monetary revolution it enables, why it's important and how they can use it. Becoming a managing partner at Ten31, which is dedicated to investing in companies building out infrastructure that makes bitcoin more accessible and easier to use; "the man in the coma" has become a more prominent archetype in my mind.

"The man in the coma" archetype can be described in other ways. For instance, there was an individual by the name of John Doe, who joined myself and Matt Odell on TFTC about seven years ago who went to jail for four years. He was distributing certain goods on the Silk Road for many years and got nabbed by the police while throwing a house party. Unfortunately for Mr. Doe, the goods he were selling via the Silk Road were in the house hosting the party that got busted. Fortunately for Mr. Doe, the police who nabbed him were not privy to the way in which he was marketing and selling the goods. He went to jail for four years, walked out at the end of his sentence, found his bitcoin wallets, recovered them and was more than pleasantly surprised at the magnitude of his wealth.

The forced hodl that was incited by the state throwing him in a cage wound up paying off after four years. Now, I can certainly admit that time is the most scarce asset in the world. Being put in a cage for four years or falling into a coma for a number of years is not ideal. However, there are lessons to be gleaned from the successes that have been realized by "the man in the coma" and the man who was forced to hodl by being thrown in a cage. Unable to access his bitcoin during that period of time to make less than wise decisions.

The main lesson to be gleaned is that doing nothing is oftentimes significantly more optimal than doing something. Too many bitcoiners decide to make rash decisions influenced by the day-to-day happenings on social media or some one-off comment from someone in their personal life that they respect. These comments can be about the long-term viability of bitcoin itself, some prognostications about where the price is going in a short-term to medium-term time frame or simply the social aspects of being associated with bitcoin. All of these factors play into influencing certain individuals deciding to sell their bitcoin in the hopes of buying it back lower, realizing something material in their day-to-day life or jumping off a ship that they've been convinced is about to sink.

In my mind, the only thing listed above that makes a bit of sense to me is realizing something material in your day-to-day life. Selling some bitcoin to purchase something that makes your life better like enabling you to support your family at a critical time and in a way that would not be possible unless you sold bitcoin. That makes sense to me. However, the other two are completely nonsensical. Bitcoin's success is binary. It either succeeds or it doesn't. And if you accept that this is true, success means slowly but surely becoming the global reserve currency and monetary network used by billions of humans on the planet or it goes to zero.

If the former materializes, that means that billions of people are going to be competing for 21 million Bitcoin. There are, by some estimates, $900 trillion worth of assets that are being used to store wealth over the short, medium, and long term. Bitcoin has the potential to subsume a material percentage of that $900 trillion. In my mind, if bitcoin is as good as I believe it is, it should take at least half of that market, if not 80 to 90%. This in and of itself is a gamble. No one can be certain that this will come true. And with that in mind you have to make a probabilistic bet by surveying the world and discerning what the likelihood of bitcoin's ultimate success is.

If you think governments, central banks, and large corporations are going to continue down the path of unfettered expansion of the monetary base, debt, and misallocation of capital, bitcoin, a peer-to-peer distributed cash system that cannot be controlled by any individual. corporation, country, or central bank makes a lot of sense. The debasement, the debt expansion, and the misallocation of capital are driven by fallible humans working in incentive structures that are vulnerable to the fallible nature of the humans working within them.

Human fallibility brings with it the ability to talk oneself out of a position that one knows makes sense and is logical. This is the disadvantage that those who are not "the man in the coma" or "the man in a cage" operate from. Being forced to hodl bitcoin is already and will increasingly be seen as a relative advantage. Many who are in bitcoin today, paying attention to every headline, every pull request and every doubt flung their way will likely get to 2030 and agree that they made worse decisions than the man who was thrown in a cage or who slipped into a coma.

Of course, this isn't a fair introspective conclusion. The man in the coma and the man who was forced to hodl because he was put in a jail cell did not have a decision at the end of the day. Both were forced to hodl due to external or internal forces that, all else being equal, they would prefer not have had to endure. However, the outcome of these two situations will likely be better than the outcome of "the man in the arena" who thinks that by making decisions on the go as a slew of information comes his way on a day-to-day basis will materialize in a larger stack of satoshis.

The reality of the situation is such that no one truly knows where bitcoin is going to go on a day-to-day, month-to-month, or year-to-year basis. Especially at this point with large institutions, nation-states, corporations, and individual states getting into the fray. The only tried-and-true strategy within bitcoin over the long term is to stay humble, stack sats, and hodl like you are "the man in the coma" or the man who was thrown in a cage.

Bitcoin's Volatility Won't End With Institutional Adoption

Leon Wankum challenged the popular "supercycle" narrative during our conversation, arguing that Bitcoin's volatility isn't going away despite massive institutional adoption. While acknowledging that MicroStrategy now holds over 2% of all Bitcoin and won't sell, Leon maintains that leverage will still need to be washed out. He expects another 60% drawdown at the end of this bull cycle, viewing this as a feature rather than a bug of Bitcoin's design.

"Bitcoin naturally washes out leverage, it builds resilience and we don't go through these crazy boom and bust cycles, we go through bull and bear markets and I think that's a net positive." - Leon Wankum

Leon sees Bitcoin's volatility as fundamentally different from fiat's destructive boom-bust cycles. Where traditional markets require central bank intervention to prop up failing systems, Bitcoin's regular corrections create genuine resilience. Bad actors will always enter during euphoric phases, and the subsequent washouts ensure only strong hands remain. This natural selection process, he argues, is beautiful - it's what makes Bitcoin antifragile.

Check out the full podcast here for more on real estate opportunity costs, Bitcoin bonds, and treasury company risks.

---

Headlines of the Day

Romania Adds Crypto Terminals to Post Offices - via X

Musk Claims Trump in Epstein Files - via X

Uber CEO Calls Bitcoin Proven Store of Value - via X

Get our new STACK SATS hat - via tftcmerch.io

---

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---

Final thought...

The kids really do grow up f

@ f0fd6902:a2fbaaab

What can't fungi do? Fungi come in all kinds of delightfully enchanting and bizarre forms and are the ultimate do-it-alls. Some of them are edible or medicinal; they help organic gardeners keep their gardens happy; they eat plastic, and they glow in the dark. Fungi-based biomaterials also have the potential to help us build more sustainable homes or make more eco-friendly products; heck, they can even talk to each other in their own secret language.

Not surprisingly, they can also make some interesting music, with a little help from Canadian musician Tarun Nayar, the mastermind who makes nature-inspired electronic music under the name Modern Biology.

Source: https://www.treehugger.com/modern-biology-musician-makes-music-using-mushrooms-7485168

Video with mushrooms sound like:

https://www.youtube.com/watch?v=EHwybeMXFAA&t=22s

https://stacker.news/items/1005531

@ b1e9b8df:07685594

OERTR steht für eine Art, freie Bildungsressourcen (Open Educational Resources) über das dezentrale Protokoll Nostr zu verbreiten, auffindbar zu machen und weiterzuentwickeln.

Statt zentraler Plattformen oder Silos nutzen wir Relays – offene Knoten im Nostr-Netzwerk – um Materialien, Metadaten, Annotationen und Kurse dauerhaft, hoch verfügbar und maschinenlesbar im interoperablen Datenraum verfügbar zu machen.

---

🚀 Unser Ziel

• OER auffindbar machen – über strukturierte Events (z. B. Kind 30023, 30142)

• Mitmachen ermöglichen – durch einfache Workflows mit git, Matrix & Nostr

• Bildung dezentral denken – jenseits von Plattformlogiken

• Metadaten lebendig halten – durch Community-gestützte Annotation & Remixbarkeit

---

🔧 Womit wir arbeiten

• 💬 Matrix zur Koordination & Diskussion

• 💻 git(hub) zur offenen Entwicklung und Dokumentation

---

📡 Mach mit!

➡ Nostr folgen:\ 👉 npub1k85m3haymj3ggjknfrxm5kwtf5umaze4nyghnp29a80lcpmg2k2q54v05a (nähere Infos auf https://github.com/edufeed-org/OERTR )

➡ Matrix beitreten:\ 🟢 #OERTR:rpi-virtuell.de\ https://matrix.to/#/%23OERTR:rpi-virtuell.de\ Zum Diskutieren, Planen, Ausprobieren.

➡ GitHub anschauen:\ 📂 https://github.com/edufeed-org/OERTR\ Mit Beispieldaten, n8n-Workflows, NIP-Verlinkungen & mehr.

---

🧠 Ideen zum Start

• 🔍 Indexe für OER-Projekte (z. B. OERinfo, rpi-virtuell, WirLernenOnline)

• 📚 Tagging-Events für Fachbereiche, Zielgruppen & Lizenztypen

• 🤝 Event-Verknüpfung mit Mastodon, Mobilizon, Wikidata

• 🧩 Mitdenken beim Aufbau eines offenen Bildungsraums via Nostr

---

📎 Beispiel: OER-Material posten

json { "kind": 30142, "tags": [ ["d", "https://example.org/oer1234"], ["r", "https://example.org/oer1234"], ["subject", "Ethik"], ["author", "Max Mustermann"], ["license", "CC-BY 4.0"] ], "content": "Material zur Gewaltfreien Kommunikation für die 5. Klasse" }

💡 Fragen? Ideen?

Wir freuen uns über Feedback, Pull Requests oder ein einfaches "Hallo!"\ ➡ Schreib uns im Matrix-Raum oder auf Nostr .

OERTR – ein Netzwerk. Kein Silo.

@ efc2b6e5:99c53c19

AI companies massively influence society by projecting their values on ML models, whether we want it or not. It'd be great if at least some people in the companies knew how exactly they influence society, could make certain predictions, or even make ML models themselves predict users' worldviews and some of their behavior.

Some might argue that AI systems already do something like that. I believe they could do it much better: chatbots could be more balanced in terms of security (they are definitely overcensored) and recommender systems, for instance, could contribute to healthy personal and collective transformations (rather than just competing in ability to steal users' attention and trap it in the echo chambers).

Reductionism is an obstacle in AI development

Even most reliable knowledge doesn't solve some of the problems that are already in demand. Even least reliable knowledge still may contain something useful for our problems. While we lack reliable and noncontradictory knowledge, we can still benefit from certain synthesis of working ideas. There's approach that makes it possible to look at the knowledge from a very broad perspective, do such synthesis, and benefit from emergent properties of the synthesis.

Integral (Meta-)Theory created by Ken Wilber is probably the best known attempt to enable the possibility to form and navigate the big picture understanding in a hope to address issues of the epoch we've recently entered.

IMO it has certain challenges that make it repellent to IT:

1. Fundamental psychological theories on which the Integral Theory is based are still pretty fragile; they need time to become mature enough and recognized (while it doesn't look like we have that time). There are endless edit wars on Wikipedia, which makes me feel depressing about possibilities to even introduce Spiral Dynamics and Multiple Intelligences to IT people.
2. Emphasis on controversial interpretations of certain arational states of consciousness.

It's hard to address the first challenge; however, I recently discovered a new “secularized” Non-Reductionist Philosophy launched by David Long, which, among other things, uses wisdom from Integral Theory and attempts to address the second challenge. I'm glad that there are people who don't just criticize the Integral Theory, its community and Wilber's positions but are also developing the new meta-theories.

NR can also be a good way to get familiar with other meta-theories, so one could choose whatever works the best for their problems. For instance, if you're working on something as exotic as some competitor to EEG-powered meditation device, perhaps you will find Integral Theory relevant to study as well, since it's more focused on the states.

I'd like to point out a couple of moments I noticed in the video "Why Non-Reductionism Is A Better Meta-Theory" that caught my attention, as well as in some other older videos. There's not much to comment on the content itself rather than on the form of the content. This feedback might be used for improvements/elaborations in the next videos and just for everyone curious about the new meta-theory. But first

Why do I post here?

Specifically for the deep topics that relate to the current epoch, I no longer find engaging in the YouTube/FB/Reddit/Diqus/Giscus/etc. discussions useful anymore, at least due to broken and almost omnipresent AI-based censorship, that keeps “improving” at randomly shadow-banning people. How many deep and valuable opinions we no longer see?

BTW, it's possible to create Reddit-like communities here at Nostr as well, using Satellite client for example. I believe it's a better place for NR, Rebel Wisdom and many others.

References to full materials used for criticism

There are curious clips with Wilber in the video. It'd be great to have links in the description (or at least titles of the full videos if it's copyrighted material) so viewers could easier form their own independent opinions. I find it important during the age of information overload and narrative warfare. This will also improve SEO.

Emergentism FAQ

There's a strong position on emergence of consciousness; it seems it's not even a hypothesis in NR and I guess that makes some people so reactive.

I think it would be great to have an FAQ page to possibly make future debates more ecological and fruitful. Some of the things that could be elaborated in the FAQ:

• importance of distinction between philosophical theory (inductive reasoning? or actually deductive reasoning? I'm confused here) and scientific theory (deductive reasoning)
• the fact that for now counterarguments usually fall into the categories of “ignorance fallacy”, “false equivalency fallacy” and “God of the gaps” which aren't something sufficient; the whole point of challenge was to find at least a logically valid counterposition (ideally a counterposition that is sound with currently available scientific ~~facts~~ theories), not the nitpicking attacks
• what kind of emergence is meant, is it important here at all and why.

Debates moderation

Probably most of the debates converge to consensus, which are fruitful anyway. There are a few interesting conflicting debates as well. However, I found this specific conflicting debate with Matt Segall quite exceptional.

Matt's position was not understood. He was more interested in a dialogue rather than debates and I think it would be more productive. However, in this specific case, my guess is it would literally take hours to just figure out the common language on a certain concept he mentions.

My humble guess is that a combination of negotiator and moderator with a primary perceiving personality type function (if typologies work at all) could be a step to more meaningful and ecological dialogues in the future. But such negotiator/moderator should also be skilled enough to reflect most challenging parts using more “rational language” as best as possible. These people are rare. Basically I mean the style of dialogues that happened between theoretical physicist David Bohm and Indian philosopher Jiddu Krishnamurti: IMO these were the talks where both sides at some point were barely transcending limitations of their languages and focusing more on intuition in order to understand each other. Much fuzzier and spontaneous dialogues, which aren't prematurely limited by too harsh rationality. Similar thing (with shorter periods of negotiation) could be combined with debating as well.

I hope NR community will be open to understanding more perspectives and won't end up turning into something like a cold and scary crystallization of rational arrogance; that would be damaging and quite opposite to the healthy intentions of the whole project.

Final thoughts

I like the clarity and density of the presented ideas in the video, the choice of lines of development in the map and the alternative to the Integral Methodological Pluralism. I like the mentioned interpretation of “free” will, very much resonates with how I personally interpret it. Tritone-ish devilish sounds in the cons sections is a nice aesthetic choice as well.

I guess there's a lot to learn from NR, no matter what positions we hold on the “rational spirituality” and that sort of stuff. Just to avoid projections and misunderstandings: I'm in a neutral position to all the post-postmodern discourses (NR, Integral, Metamodernism, etc.); I care about these philosophies, make my own distinctions on what's healthy or not, and my positions don't necessarily perfectly match with some of the claims these philosophies make.

Thank you David Long for launching this philosophy and the movement; I'm looking forward to the next videos!

I'd appreciate reposts and all this as well, thanks!

@ f683e870:557f5ef2

This is what has been achieved on a per-project basis since receiving the grant from Opensats.

npub.world

Together with nostr:npub1wf4pufsucer5va8g9p0rj5dnhvfeh6d8w0g6eayaep5dhps6rsgs43dgh9, I have been refining npub.world to deliver real-time, WoT-powered profile search. These refinements include:

• implementing new desings by nostr:npub1t3gd5yefglarhar4n6uh34uymvft4tgu8edk5465zzhtv4rrnd9sg7upxq

• moving to the new Vertex DVM standard

• improved URL and npub parsing

Vertex crawler

Due to the architectural mistakes I made when designing the first version, I have embarked on a full rewrite of the crawler. The new architecture is simpler, more modular and more performant, and I am confident that it will provide a stable foundation on which to expand the Vertex offering with additional functionalities and analytics.

The major differences with the old version are:

• the DB and RWS interfaces have been broken up and simplified into smaller ones, each defined by their own packages

• a simplified, more efficient algorithm for updating random walks

• use of a custom-built cache to speed up graph computations

• a worker pool pattern to speed up event archiving

These changes have reduced the LOC by more than half while improving performance by \~10x. Of independent interest is the new pipe package, which can also be used by other projects to crawl the Nostr network.

Vertex Relay and DVMs

The Vertex relay has been updated several times, and now supports four DVM services:

• Verify Reputation

• Recommend Follows

• Rank Profiles

• Search Profile

For each service, customers can choose the algorithm to use by specifing the sort option to use between:

• followerCount

• globalPagerank

• personalizedPagerank

More information can be found at https://vertexlab.io/.

Overall, the relay has processed more than 100,000 DVM requests, with the current daily rate standing at around 1,500.

rely

Unsatisfied with the khatru relay framework, I've decided to build my own called rely, with the goal of being simpler and more stable. I've not just scratched a personal hitch: I've used khatru for several months now (the Vertex relay is still using it) and I encountered several issues, some of which I've solved with PRs to the underlying go-nostr library.

The main differences between khatru and rely:

• rely is much simpler, both architecturally and in terms of LOC (less than half)

• rely has a solid testing approach, where a random yet reproducible high traffic hits the relay to see what breaks

• rely implements a worker pool pattern where a configurable number of goroutines process the incoming requests from clients. On the other hand, khatru process them in the HandleWebsocket goroutine, which is spawned every time a client connects. This is dangerous in my opinion because if too many clients connect, memory usage would spike and the relay could potentially crash.

New DVM spec

I helped to draft this new proposal to update the DVM spec, which is one of the most controversial NIPs. While almost everyone agrees that it needs to change, there is no consensus on how to move forward. I believe our proposal is a sensible approach that defines discovery, usage, and error patterns while leaving flexibility for specific DVM kinds.

Looking at the future

Next I am going to move the Vertex relay to the rely framework and to the new crawler package. I expect that this will increase the performance and will make things more solid and more simple. After all of this refactoring and simplification, it will be time to finally add features to the Vertex offering. I have an ambitious roadmap consisting of:

• accepting ecash for DVM requests

• designing client-side validation schemes for the DVM responses

• expanding the pagerank algorithm to make use of mutes and reports

• adding an WoT impersonator check to npub.world

• adding a nip05 check to npub.world

• make a relystore package with some plug&play databases for rely.

@ 73d8a0c3:c1853717

🧬 REDACTED SCIENCE: THE AUTHOR — A SHADOW IN THE MARGINS

📜 Excerpt from my book-in-progress. This is nonfiction. Redacted. Possibly buried science. Possibly military. Almost definitely real. I’m living it. And it might change how we think about disease, dehydration, and survival itself.

👇 Full post below 👇

---

📄 The Author: A Shadow in the Margins

What follows is an excerpt from my book: Redacted Science. This is nonfiction. Redacted. And, I believe, novel science — the kind that slipped through the cracks because it wasn’t supposed to be seen. The kind that, if true (and I’m living proof it might be), changes how we think about adaptation, disease, and control, all while hinting at evolutionary processes.

The person who wrote the article — the one at the center of this entire mystery — didn’t just document a medical condition. They didn’t write like a detached observer. They wrote like someone who had seen it, worked with it, maybe even helped design it.

This wasn’t a paper. It was a record.
A flare fired backwards through time.

🧠 What They Knew

• Electrolyte manipulation under pressure gradients
• Bone demineralization and molecular substitution
• Methyl group cycling
• Autonomic dysregulation
• Increased survivability under dehydration
• Accelerated burn recovery
• Abnormal pain tolerance
• Enhanced cognition and endurance in early stages
• …eventual collapse into parasympathetic failure, bone loss, immune misfire, and systemic decay

No generalist writes like this.
No academic from 1975 casually throws around methylation chemistry and calcium channel modulators (“these show promise” — yeah, I remembered that line. I figured it might save my life).

🧪 Proof in My Blood — Or Lack Thereof
I’ve lived the proof they described.

👁️ Who They Were

They were part of a program.
A researcher. Maybe a clinician. Possibly embedded in a classified military or survival physiology initiative.

🔍 The Quiet Warning

That mention of the ICD code shift?
It was like someone watching history be rewritten — shifting this condition under something it isn’t. Sleight-of-hand.
They couldn’t have known about the AIRE gene — and I don’t have it.

“We erased it from the books. But it was real. Look again. Find it if you can.”

And here I am.
Picking it up.
Line by line.
Molecule by molecule.

🏃 The 15K That Almost Killed Me

Twelve years ago: I ran the Tulsa Run, didn’t hydrate. Felt fine — until the vomiting hit. Bloodwork? Normal.
Smart doc took one look and hooked up fluids.

That wasn’t dehydration.
That was a system built to survive without water — until it couldn’t.

🕰️ When and Why

Photos: early 20th century.
The article? 1975–1985.
Someone who knew too much. Someone preserving knowledge — as it was being erased.

“It’s gone now. But it was here. And you need to look again.”

That’s not footnote energy.
That’s whistleblower energy.

---

🧠 Everything is open. All science is free. More is coming.

Read more at https://jimcraddock.substack.com or https://jimcraddock.com]

@ cae03c48:2a7d6671

Bitcoin Magazine

Mercurity Fintech to Raise $800 Million for Bitcoin Treasury 

Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure, has announced plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The initiative is part of the company’s effort to incorporate digital assets into its financial strategy. 

According to a recent news release, Mercurity intends to transition a portion of its reserves into Bitcoin, supported by blockchain-native custody, staking solutions, and tokenized treasury tools designed to advance yield and extend asset duration. 

“We’re building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential component of the future financial infrastructure,” said Shi Qiu, CEO of Mercurity. “We are positioning our company to be a key player in the evolving digital financial ecosystem.”

If fully raised and implemented at current market prices, the capital could allow the company to acquire approximately 7,433 BTC, which would make Mercurity the 11th largest corporate holder of Bitcoin, surpassing GameStop’s reported 4,710 BTC holdings. 

The announcement comes during a time of corporate interest in Bitcoin, with 223 companies and entities now holding the asset, up from 124 earlier this month. In total, public firms currently hold more than 819,000 BTC, accounting for roughly 3.9% of the total supply. 

Mercurity’s plans also coincide with its initial inclusion in the FTSE Russell 2000® and Russell 3000® indexes, according to the 2025 reconstitution list. The firm was previously listed in the Russell Microcap Index. Index inclusion is expected to increase the company’s visibility among institutional investors and funds that track major benchmarks.

“Moving from the Russell Microcap to the Russell 2000 shows that investors recognize the value we are creating in blockchain finance,” Qiu added. “Our Bitcoin treasury reserve initiative is the next logical step in this evolution.”

The company noted that the reserve will be managed using institutional-grade custody, on-chain liquidity protocols, and staking-enabled tools to improve capital efficiency. The goal is to not just hold Bitcoin, but to put it to work within a secure, yield-generating structure. By using these systems, Mercurity aims to maintain long-term exposure to BTC while maximizing reserve productivity. 

With this initiative, Mercurity joins a growing list of public companies actively reshaping treasury strategy around Bitcoin, signaling continued momentum in corporate Bitcoin adoption. 

This post Mercurity Fintech to Raise $800 Million for Bitcoin Treasury  first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ d57360cb:4fe7d935

Most of life is out of your control. It happens of its own accord. We make plans in our minds but they rarely turn out how we want them to. Look back five years ago and remember the visions and dreams you had of your life. Most likely it never fit the vision you used to imagine. Sure somethings may have came into reality but it’s certain it didn’t go according to plan.

That’s the great myth it never goes as planned and that’s, well it’s okay. We don’t need to hold on for dear life and close ourselves off to life itself.

When life occurs, we have the tendency to want to edit and modify things to our likings. Only it’s impossible. What’s more important is the mind we bring with us to life. If we can enter into every situation with acceptance, things start to feel completely different. This isn’t to say this is some magical fix and everything will be fine. It’s more of a way to eliminate unnecessary mental roadblocks we create.

The outside circumstances don’t matter as much as you think. People will use the things outside themselves as a perpetual hope machine they strive on to escape their present issues. Surely one day it will all change when x, y, and z happen, but the joke of it all is when x, y and z do happen people suddenly look for a, b and c.

Instead of peering off into an imaginative future, ask yourself what mind did you bring to the place your feet are firmly placed in. You don’t need to hope on x, y, or z when you have a mind that can attend to any circumstance.

There’s an old zen story of a man who received a lump of clay, thinking it worthless he discarded it. Another man found it washed up near a river bank. On close inspection he saw a shining light glittering through the clay. He rinsed it completely to find a shining gold bar. It was always gold whether covered in clay or in its purest form much like pure attention is the nature of your mind only its often buried under an endless stream of thoughts.

@ 5d4b6c8d:8a1c1ee3

Boy howdy! We're getting some good finals games in the NBA and NHL. I imagine that will occupy most of our discussion.

Do we expect these teams to be contenders next year too or is this their window?

I now need Indy to pull off the win, if I'm going to win our bracket challenge. In the event of an Indy win, @grayruby hilariously shot himself in the foot with his pick for MVP in the points challenge (there's a fun little econ lesson there).

We are starting to transition into offseason mode, though: starting with the Knicks post mortem.

Aaron Judge has a ludicrous 87% chance of winning the AL MVP this year. Also, @Jer is demolishing me in fantasy this week.

Predyx has some exciting new sports markets up. I may have gotten a bargain on some Euro Rules Football outcomes just a few minutes ago.

We'll also recap the ongoing contests and discuss whatever else stackers want to hear about.

https://stacker.news/items/1005467

@ 2cde0e02:180a96b9

pen & ink; monochromized

tools used

https://stacker.news/items/1005456

@ cae03c48:2a7d6671

Bitcoin Magazine

Maelstrom Announces Its Fourth Bitcoin Developer Grant Recipient

Maelstrom is announcing that Ron, known online as “macgyver13,” is the fourth recipient of the Maelstrom Bitcoin Grant Program, per a press release sent to Bitcoin Magazine. Ron will be working on Silent Payments, as proposed in Bitcoin Improvement Proposal 352. 

“We are excited to be financially supporting Ron, in his mission on integrating Silent Payments into Bitcoin wallets,” said the CFO of Maelstrom Arthur Hayes. “Many merchants and users want to provide/display a single static address that doesn’t change, which is an important, valid and simple use case. With Silent Payments this can still be done, while on-chain address re-use is avoided. Address re-use is a goldmine for the surveillance organisations, and at Maelstrom, we want to help put a stop to it.”

In September 2023, Silent Payments was proposed by Josie Baker and Ruben Somsen. It allows people to create a single, static address to share with friends, use for donations, or post for tips without sacrificing privacy. This eliminates address reuse, a key method used by surveillance firms to track user behavior on the blockchain.

“With many software projects, and perhaps even more so in Bitcoin, taking an idea from a proposal to a fully adopted solution is the hardest part,” Josie said. “In the short amount of time I’ve been working with Ron, I’ve been thrilled at the progress we’ve made and I’m excited to work with him over the next year on Silent Payments adoption with the goal of making an intuitive, seamless user experience while also protecting user’s financial privacy.”

Bitcoin privacy depends on using new addresses, which often requires sender to receiver interaction. Existing static address methods use notifications that increase costs and leak metadata. Silent Payments avoids both interaction and notifications but requires wallets to scan the blockchain. Multi-party input use is not yet proven secure.

Silent Payments aim to implement:

• Zero transaction cost overhead
• No linkability between payments and static addresses
• No need for sender to receiver interaction
• Compatibility with privacy tools and modern wallet features

“My primary focus will be coordinating development and testing efforts within the growing community dedicated to integrating Silent Payments into desktop and mobile Bitcoin wallets,” stated the new grantee of Maelstrom Ron. “By advancing Silent Payments alongside BOLT12 and BIP-353, we aim to enhance privacy and simplify the user experience, paving the way for broader adoption of Bitcoin as a payment solution.”

This post Maelstrom Announces Its Fourth Bitcoin Developer Grant Recipient first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 5d4b6c8d:8a1c1ee3

Here's a video about the Pacers' offensive adjustments to OKC's extraordinary defense:

https://youtu.be/1LF2Sd1jTXQ

This finals matchup probably has the highest level team basketball I remember seeing.

https://stacker.news/items/1005445

@ 1fdb6dac:65eb9a8a

What if art knows before I do?

There are times when I finish a piece and just stare at it, not really understanding what I’ve done. As if it had been created by another part of me… a part that knows things I don’t yet know.

It often happens that, some time later—when I’m no longer so immersed in the process—I start to see signs, symbols, colors or shapes that speak of something I’m going through — or was about to go through. It’s as if my body knew it before my mind. As if art were a secret language between my soul and the world.

I don’t know if this happens to other artists, but I feel that often I’m not creating something with a clear intention. It just appears. And then, when I look at it with some distance, I realize a story was being told… my story. One I wasn’t fully aware of.

I feel that when I create from an honest place, without trying to control, something bigger takes over. The mind quiets a little, and it’s the body that begins to speak. There’s a kind of trance, like a current running through me. Sometimes I enjoy it, other times it makes me uncomfortable.

When I “finish,” I’m left with the feeling of having been moved by something that taught me without words.

I’ve realized that art doesn’t always say what I want to show, but what I need to see. And that’s powerful, because sometimes it reveals things I’m not ready to face. But it’s there. In front of me. Like a symbolic mirror.

It also happens that, when someone looks at my work and says, “this made me feel something,” it often aligns with something I’m processing inside—even if I haven’t said it out loud. As if the other person could read in the art what I didn’t know how to write in words.

When we’re creating, we’re also moving energy. Not just painting, or writing, or dancing — but transforming emotions, releasing things we didn’t know were stuck. There’s something ritualistic about art. A healing with no prescription. Alchemy.

Sometimes I feel that art heals me without me even knowing what was hurting. And that feels magical — and also very real.

I’m starting to trust that more: that the soul knows first. That my most intuitive and wild side understands processes that my rational side still can’t name. Art helps me give shape to the shapeless. And maybe, sometimes, it’s not even mine — it simply moves through me.

That when I stop trying to control, something appears that reveals me. That says:\ “This is you, even if you don’t know it yet.”¿Y si el arte sabe antes que yo?

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ESPAÑOL

Hay veces que termino una obra y me quedo mirándola sin entender bien qué hice. Como si la hubiese creado otra parte de mí… una parte que sabe cosas que yo todavía no sé.

Me pasa seguido que, tiempo después, cuando ya no estoy tan adentro del proceso, empiezo a ver señales, símbolos, colores o formas que me hablan de algo que estoy atravesando —o que estaba por atravesar. Es como si mi cuerpo lo hubiera sabido antes que mi cabeza. Como si el arte fuese un lenguaje secreto entre mi alma y el mundo.

No sé si a otros artistas les pasa esto, pero yo siento que muchas veces no estoy creando algo con intención clara. Simplemente aparece. Y después, al observarlo con distancia, me doy cuenta de que ahí se estaba contando una historia… mi historia. Una que ni yo tenía del todo consciente.

Siento que cuando creo desde un lugar honesto, sin querer controlar, algo más grande toma el control. La mente se silencia un poco, y es el cuerpo el que empieza a hablar. Hay una especie de trance, como una corriente que me atraviesa. A veces me gusta y otras me incomoda.

Cuando "termino", quedo con la sensación de haber sido atravesada por algo que me enseñó sin palabras.

Me di cuenta de que el arte no siempre dice lo que quiero mostrar, sino lo que necesito ver. Y eso es fuerte, porque a veces revela cosas que no estoy lista para enfrentar. Pero está ahí. Frente a mí. Como un espejo simbólico.

Me pasa también que, cuando alguien mira mi obra y me dice “esto me hizo sentir tal cosa”, muchas veces coincide con algo que yo estoy procesando internamente, aunque no lo haya dicho en voz alta. Como si el otro pudiera leer en el arte lo que yo no supe escribir con palabras.

Cuando estamos creando, también estamos moviendo energía. No solo pintando o escribiendo o bailando, sino transformando emociones, liberando cosas que no sabíamos que estaban trabadas. El arte tiene algo de ritual. De sanación sin receta. De alquimia.

A veces siento que el arte me cura sin que yo entienda qué me estaba enfermando. Y eso me parece mágico y también muy real.

Estoy empezando a confiar más en eso: en que el alma sabe antes. En que mi parte más intuitiva y salvaje entiende procesos que mi parte racional todavía no puede nombrar. El arte me ayuda a poner en forma lo que no tiene forma. Y quizás, a veces, ni siquiera es mío: simplemente pasa por mí.

Que cuando dejo de querer controlar, aparece algo que me revela. Que me dice:\ “Esto sos vos, aunque no lo sepas todavía”.

@ 97c70a44:ad98e322

When developing on nostr, normally it's enough to read the NIP related to a given feature you want to build to know what has to be done. But there are some aspects of nostr development that aren't so straightforward because they depend less on specific data formats than on how different concepts are combined.

An example of this is how for a while it was considered best practice to re-publish notes when replying to them. This practice emerged before the outbox model gained traction, and was a hacky way of attempting to ensure relays had the full context required for a given note. Over time though, pubkey hints emerged as a better way to ensure other clients could find required context.

Another one of these things is "relay-based groups", or as I prefer to call it "relays-as-groups" (RAG). Such a thing doesn't really exist - there's no spec for it (although some aspects of the concept are included in NIP 29), but at the same time there are two concrete implementations (Flotilla and Chachi) which leverage several different NIPs in order to create a cohesive system for groups on nostr.

This composability is one of the neat qualities of nostr. Not only would it be unhelpful to specify how different parts of the protocol should work together, it would be impossible because of the number of possible combinations possible just from applying a little bit of common sense to the NIPs repo. No one said it was ok to put t tags on a kind 0. But no one's stopping you! And the semantics are basically self-evident if you understand its component parts.

So, instead of writing a NIP that sets relay-based groups in stone, I'm writing this guide in order to document how I've combined different parts of the nostr protocol to create a compelling architecture for groups.

Relays

Relays already have a canonical identity, which is the relay's url. Events posted to a relay can be thought of as "posted to that group". This means that every relay is already a group. All nostr notes have already been posted to one or more groups.

One common objection to this structure is that identifying a group with a relay means that groups are dependent on the relay to continue hosting the group. In normal broadcast nostr (which forms organic permissionless groups based on user-centric social clustering), this is a very bad thing, because hosts are orthogonal to group identity. Communities are completely different. Communities actually need someone to enforce community boundaries, implement moderation, etc. Reliance on a host is a feature, not a bug (in contrast to NIP 29 groups, which tend to co-locate many groups on a single host, relays-as-groups tends to encourage one group, one host).

This doesn't mean that federation, mirrors, and migration can't be accomplished. In a sense, leaving this on the social layer is a good thing, because it adds friction to the dissolution/forking of a group. But the door is wide open to protocol additions to support those use cases for relay-based groups. One possible approach would be to follow this draft PR which specifies a "federation" event relays could publish on their own behalf.

Relay keys

This draft PR to NIP 11 specifies a self field which represents the relay's identity. Using this, relays can publish events on their own behalf. Currently, the pubkey field sort of does the same thing, but is overloaded as a contact field for the owner of the relay.

AUTH

Relays can control access using NIP 42 AUTH. There are any number of modes a relay can operate in:

1. No auth, fully public - anyone can read/write to the group.
2. Relays may enforce broad or granular access controls with AUTH.

Relays may deny EVENTs or REQs depending on user identity. Messages returned in AUTH, CLOSED, or OK messages should be human readable. It's crucial that clients show these error messages to users. Here's how Flotilla handles failed AUTH and denied event publishing:

LIMITS, PROBE, or some other reflection scheme could also be used in theory to help clients adapt their interface depending on user abilities and relay policy.

1. AUTH with implicit access controls.

In this mode, relays may exclude matching events from REQs if the user does not have permission to view them. This can be useful for multi-use relays that host hidden rooms. This mode should be used with caution, because it can result in confusion for the end user.

See Frith for a relay implementation that supports some of these auth policies.

Invite codes

If a user doesn't have access to a relay, they can request access using this draft NIP. This is true whether access has been explicitly or implicitly denied (although users will have to know that they should use an invite code to request access).

The above referenced NIP also contains a mechanism for users to request an invite code that they can share with other users.

The policy for these invite codes is entirely up to the relay. They may be single-use, multi-use, or require additional verification. Additional requirements can be communicated to the user in the OK message, for example directions to visit an external URL to register.

See Frith for a relay implementation that supports invite codes.

Content

Any kind of event can be published to a relay being treated as a group, unless rejected by the relay implementation. In particular, NIP 7D was added to support basic threads, and NIP C7 for chat messages.

Since which relay an event came from determines which group it was posted to, clients need to have a mechanism for keeping track of which relay they received an event from, and should not broadcast events to other relays (unless intending to cross-post the content).

Rooms

Rooms follow NIP 29. I wish NIP 29 wasn't called "relay based groups", which is very confusing when talking about "relays as groups". It's much better to think of them as sub-groups, or as Flotilla calls them, "rooms".

EDIT: Flotilla has migrated to exclusively use "managed rooms" — i.e., fully NIP 29 compliant rooms. Relays without NIP 29 support can still support chat, but all messages will be presented as sent to a single room. I've removed references to unmanaged rooms in what follows.

~~Rooms have two modes - managed and unmanaged. Managed~~ rooms follow all the rules laid out in NIP 29 about metadata published by the relay and user membership. In either case, rooms are represented by a random room id, and are posted to by including the id in an event's h tag. ~~This allows rooms to switch between managed and unmanaged modes without losing any content.~~

Managed room names come from kind 39000 room meta events, ~~but unmanaged rooms don't have these. Instead, room names should come from members' NIP 51 kind 10009 membership lists. Tags on these lists should look like this: ["group", "groupid", "wss://group.example.com", "Cat lovers"]. If no name can be found for the room (i.e., there aren't any members), the room should be ignored by clients.~~

Rooms present a difficulty for publishing to the relay as a whole, since content with an h tag can't be excluded from requests. ~~Currently, relay-wide posts are h-tagged with _ which works for "group" clients, but not more generally. I'm not sure how to solve this other than to ask relays to support negative filters.~~ I have ideas on how to solve this in future iterations of relay-based groups, for example using virtual relays or just a better rooms spec.

Cross-posting

The simplest way to cross-post content from one group (or room) to another, is to quote the original note in whatever event kind is appropriate. For example, a blog post might be quoted in a kind 9 to be cross-posted to chat, or in a kind 11 to be cross-posted to a thread. kind 16 reposts can be used the same way if the reader's client renders reposts.

Posting the original event to multiple relays-as-groups is trivial, since all you have to do is send the event to the relay. Posting to multiple rooms simultaneously by appending multiple h tags is however not recommended, since group relays/clients are incentivised to protect themselves from spam by rejecting events with multiple h tags (similar to how events with multiple t tags are sometimes rejected).

Privacy

Currently, it's recommended to include a NIP 70 - tag on content posted to relays-as-groups to discourage replication of relay-specific content across the network.

Another slightly stronger approach would be for group relays to strip signatures in order to make events invalid (or at least deniable). For this approach to work, users would have to be able to signal that they trust relays to be honest. We could also use ZkSNARKS to validate signatures in bulk.

In any case, group posts should not be considered "private" in the same way E2EE groups might be. Relays-as-groups should be considered a good fit for low-stakes groups with many members (since trust deteriorates quickly as more people get involved).

Membership

There is currently no canonical member list published by relays (except for NIP 29 managed rooms). Instead, users keep track of their own relay and room memberships using kind 10009 lists. Relay-level memberships are represented by an r tag containing the relay url, and room-level memberships are represented using a group tag.

Users can choose to advertise their membership in a RAG by using unencrypted tags, or they may keep their membership private by using encrypted tags. Advertised memberships are useful for helping people find groups based on their social graph:

User memberships should not be trusted, since they can be published unilaterally by anyone, regardless of actual access, so it's better to think of them as "bookmarked groups" or "favorites". Possible improvements in this area would be the ability to provide proof of access:

• Relays could publish member lists (although this would sacrifice member privacy)
• Relays could support a new command that allows querying a particular member's access status
• Relays could provide a proof to the member that they could then choose to publish or not

Moderation

There are two parts to moderation: reporting and taking action based on these reports.

Reporting is already covered by NIP 56. Clients should be careful about encouraging users to post reports for illegal content under their own identity, since that can itself be illegal. Relays also should not serve reports to users, since that can be used to find rather than address objectionable content.

Reports are only one mechanism for flagging objectionable content. Relay operators and administrators can use whatever heuristics they like to identify and address objectionable content. This might be via automated policies that auto-ban based on reports from high-reputation people, a client that implements NIP 86 relay management API, or by some other admin interface.

There's currently no way for moderators of a given relay to be advertised, or for a moderator's client to know that the user is a moderator (so that they can enable UI elements for in-app moderation). This could be addressed via NIP 11, LIMITS, or some other mechanism in the future.

General best practices

In general, it's very important when developing a client to assume that the relay has no special support for any of the above features, instead treating all of this stuff as progressive enhancement.

For example, if a user enters an invite code, go ahead and send it to the relay using a kind 28934 event. If it's rejected, you know that it didn't work. But if it's accepted, you don't know that it worked - you only know that the relay allowed the user to publish that event. This is helpful, becaues it may imply that the user does indeed have access to the relay. But additional probing may be needed, and reliance on error messages down the road when something else fails unexpectedly is indispensable.

This paradigm may drive some engineers nuts, because it's basically equivalent to coding your clients to reverse-engineer relay support for every feature you want to use. But this is true of nostr as a whole - anyone can put whatever weird stuff in an event and sign it. Clients have to be extremely compliant with Postell's law - doing their absolute best to accept whatever weird data or behavior shows up and handle failure in any situation. Sure, it's annoying, but it's the cost of permissionless development. What it gets us is a completely open-ended protocol, in which anything can be built, and in which every solution is tested by the market.

@ cae03c48:2a7d6671

Bitcoin Magazine

The Bitcoin Treasury Strategy That’s Reanimating Zombie Companies

A growing number of public companies are stuck in limbo—technically solvent, but strategically stalled. Growth has evaporated. Stock prices have languished. Reinvestment opportunities are unclear or underwhelming. These companies aren’t broken—they’re just drifting.

They’ve become what markets call zombie companies: firms that generate enough to survive, but not enough to excite. And in today’s capital environment, stagnation is no longer neutral—it’s dangerous.

This is where a Bitcoin treasury strategy comes in.

What Is a Bitcoin Treasury Strategy—and What Problem Does It Solve?

At its core, a Bitcoin treasury strategy means converting a portion of idle corporate cash into Bitcoin and treating it as a long-term treasury reserve asset. It’s not a product pivot or a marketing stunt. It’s a capital strategy.

The problem it solves is simple but deadly:

• Capital erosion: Fiat currencies are inflating away purchasing power.
• Inefficient reserves: Billions in cash sit idle on balance sheets, dragging down return on assets.
• Narrative decay: Companies without a growth story get ignored—or punished—by markets.
• Shareholder fatigue: Passive capital strategies frustrate conviction-driven investors.

A Bitcoin treasury strategy is designed to reverse that trend—by reframing cash as conviction.

Two Distinct Approaches to a Bitcoin Treasury Strategy

There’s no one-size-fits-all approach to building a Bitcoin treasury. Instead, companies tend to pursue one of two broad strategic paths:

1. Defensive Allocation
Companies like Tesla and Block have allocated a portion of their reserves to Bitcoin as a hedge against fiat debasement. It’s a form of monetary insulation—protecting cash from erosion while signaling awareness of inflation’s long-term effects. These companies aren’t changing their business models, but they are acknowledging that holding cash in today’s environment means silently bleeding purchasing power. This strategy helps improve the hurdle rate, enhances reserve productivity, and sends a forward-looking message to investors.

2. Offensive Accumulation and Securitization
Strategy (formerly MicroStrategy), Semler Scientific, and Metaplanet have adopted a more aggressive model. Rather than passively holding Bitcoin, they’ve turned their balance sheets into capital engines—securitizing their Bitcoin holdings through equity and debt issuance to fuel further accumulation. Their goal is to maximize BTC per share, enhance BTC yield, and create shareholder value through financial engineering that compounds exposure. These companies are rewriting the treasury playbook, showing that Bitcoin isn’t just a store of value—it can be a strategic accelerant.

Why Bitcoin—and Not Gold, Equities, or Cash?

Bitcoin isn’t just another asset. It’s engineered monetary policy.

➤ Fixed supply: Bitcoin’s 21 million cap creates built-in scarcity, unlike fiat or equity dilution.

➤ 24/7 liquidity: Global, permissionless markets give companies access to real-time value.

➤ Verifiability and portability: It’s digital capital that can’t be seized, censored, or inflated.

➤ Asymmetric upside: Bitcoin has consistently outperformed every major asset class over multi-year cycles.

More importantly, Bitcoin is narrative fuel. It communicates conviction, discipline, and macro-awareness—all of which modern investors are starving for.

The Components of a Successful Bitcoin Treasury Strategy

A Bitcoin treasury strategy isn’t just about buying Bitcoin. It’s about embedding it into capital structure and governance. That requires rigor.

➤ Treasury governance: Establish internal guardrails on allocation, rebalancing, and reporting.

➤ Secure custody: Choose institutional-grade solutions, with redundancy, auditability, and oversight.

➤ Capital deployment strategy: Some companies use cash. Others leverage equity, debt, or ATM programs.

➤ Market communication: The value of Bitcoin on your balance sheet rises with clarity, transparency, and frequency of investor communication.

Companies like Strategy (formerly MicroStrategy), Semler Scientific, and Metaplanet didn’t just buy Bitcoin. They built Bitcoin treasury frameworks—with real policies, investor alignment, and governance maturity.

How Bitcoin Reframes the Shareholder Relationship

The Bitcoin treasury model isn’t just a liquidity play. It’s a credibility signal.

➤ Narrative magnet: Bitcoin attracts attention—not just from retail investors, but from global institutions searching for proxy exposure.

➤ Alignment lever: High-conviction shareholders reward companies that act decisively and transparently.

➤ Shareholder base upgrade: Bitcoin introduces long-term, ideologically aligned holders who are less reactive to short-term earnings noise.

Bitcoin gives stale stories new energy. And in capital markets, momentum is everything.

Execution: What It Takes to Make This Strategy Work

Bitcoin is not a set-it-and-forget-it strategy. It requires:

➤ Executive conviction: Most successful strategies are driven by founders, activist chairs, or tightly aligned boards—not committees.

➤ Discipline over hype: Volatility is part of the game. But the strategy must be built to endure it.

➤ Clarity and timing: The best entries are paired with proactive shareholder education and public clarity—not reactive announcements.

The most common failure mode? Buying Bitcoin high, with no treasury framework in place, then being forced to sell low when pressure mounts. That’s not a Bitcoin failure—that’s a structure failure.

Conclusion: You Don’t Need a New Business Model—You Need a Capital One

A Bitcoin treasury strategy isn’t for everyone. But for companies with a strong cash position and weak narrative traction, it offers a clear path forward.

You don’t need to change your product. You don’t need to invent a new category. You need to stop leaking value through capital drift—and start signaling conviction through capital strategy.

In a market where performance is narrative, and capital is credibility, Bitcoin is the benchmark.

Zombie companies won’t survive on inertia. But with a Bitcoin treasury strategy, they might just come back to life.

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 Bitcoin Treasury Strategy That’s Reanimating Zombie Companies first appeared on Bitcoin Magazine and is written by Nick Ward.

@ 0403c86a:66d3a378

Exciting news for FOOTBALL fans ⚽! Global Sports Central 🌐 is teaming up with Predyx, a leading prediction market in the Bitcoin ecosystem, to bring you comprehensive coverage of the very first Club World Cup directly on Nostr. This partnership is all about enhancing your experience with the latest news, insights, and interactive features!

The Club World Cup will showcase the best clubs from around the globe, and with our collaboration, you’ll be fully engaged in the action. Predyx focuses on long-term outcomes, allowing you to make predictions on who will win it all. Plus, if you’re not happy with your predictions, you can sell your shares at any time and switch allegiance—after all, it’s a free market!

What You Can Expect:

• Latest News and Match Reports: Stay updated with the latest news, in-depth match reports, and insights from the tournament, ensuring you never miss a moment.

• Market Odds Tracking: Follow the shifts in market odds in real-time, giving you the edge when making predictions and engaging with the action.

• Player of the Day Card: Celebrate standout performances with our Daily Player of the Day card, highlighting the top players from the tournament.

• Game oN Frontpage: Each day, we’ll feature the frontpage of the day, showcasing the most historical matchups and capturing the feel of the game.

• Best Moments Replays: Relive the excitement with replays of the best moments from the Cup, so you can catch all the highlights and unforgettable plays.

• Long-Term Predictions: Engage with Predyx to forecast who will win the tournament and who will take home the MVP award, allowing you to make strategic predictions as the tournament unfolds.

• Easy Login System: Getting started is a breeze! All you need is a Lightning wallet to log in and participate, making it simple for everyone to join in on the fun.

• Lightning-Fast Bitcoin Payments: With the Lightning Network, placing your bets and making predictions is faster and easier than ever. Enjoy seamless transactions while you cheer for your favorite teams!

"Predyx is excited to be part of this innovative partnership," said Derek. "We’re bringing fans a new way to interact with the game they love, all while using the fast and secure Lightning Network."

Predyx is a Bitcoin-native prediction market platform running on the Lightning Network. We’re building the fastest, most trust-minimized betting engine in the world — no deposits, instant payouts, sats-native, and degen-friendly.

Global Sports Central 🌐 Your daily spin around the sports world 🔄 Stay in the loop with the latest scores, stories, and stats.

GSC360 - Where Every Angle Matters

@ f0fd6902:a2fbaaab

https://stacker.news/items/1005372

@ 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.

@ f0fd6902:a2fbaaab

From my end, it s not one thing but a sentence:

A borderless world in a decentralized economy, where age, sex, race, religion... have not labels in a society where human are sovereigns.

https://stacker.news/items/1005361

@ f0fd6902:a2fbaaab

The Pallas cat wasn’t known to live on Mount Everest until a National Geographic Expedition in 2019 made a surprising discovery. The research team, made up of scientists from eight different countries, unexpectedly found Pallas feces in the Sagarmatha National Park in Nepal. “It is phenomenal to discover proof of this rare and remarkable species at the top of the world,” said Dr Tracie Seimon of the Wildlife Conservation Society’s Zoological Health Program.

These irritated-looking kitties live at high elevations throughout Asia and are considered “super predators,” meaning they are extremely successful at catching their prey. Analysis of scat revealed the feline is surving on pika within the mountain region.

https://stacker.news/items/1005336

@ 99e7936f:d5d2197c

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

„BORN TUBI FREE“   statt   „VIEL FREE“

Ja, Sie haben richtig gelesen.

Bildung hatte in meinem Elternhaus keinen hohen Stellenwert. Für meine Eltern war es erstrebenswert, ein gutes Heim mit großem Garten, etwas Komfort und gutes Essen zu haben. Sowohl mein Vater als auch meine Mutter hatten starken Bezug zur Landwirtschaft und Nutztierhaltung. Tiere, die keinen Nutzen hatten, waren in den Augen meiner Eltern Luxus. Auch für mich ist es heute wichtig, Zugang zu Grün und zur Natur zu haben. Ich liebe Tiere, die keinen Nutzen haben, und Pflanzen aller Art. Im Sommer stundenlang unter dem Blätterdach eines alten Baumes zu liegen und dem Knacken der Äste zuzuhören, ist für mich Glück.

In meiner Kindheit gab es blökende Schafe und Lämmer statt Klavierunterricht. Wir kletterten bei der Obsternte auf den Baum oder sammelten Fallobst statt im Sportverein zu turnen. Statt Büchern gab es Besuche bei Tante und Onkel, die Geschichten von früher erzählten. Und statt Museumsbesuchen gab es die Werkstatt meines Vaters und das Hobby meiner Mutter, alte Möbel zu sammeln und selbst zu restaurieren. Die Themen des Lebens lernte ich nicht durch Theateraufführungen kennen, sondern durch den Alltag und die Menschen in meiner unmittelbaren Umgebung.

Durch die Schule kam ich erstmals in Kontakt mit der Möglichkeit, dass man Dinge auch abstrakt-theoretisch lernen konnte. Schule war für mich auch ein Ort, an dem ich ganz nebenbei das Sozialverhalten anderer Menschen studieren konnte. Das war für mich als Kind und Teenager ein wichtiges Korrektiv. Aber vor allem habe ich über die Schule gelernt, dass es eine ganze Welt zu entdecken gab, die mir bis dahin unbekannt war. Bildung war für mich nie etwas, mit dem man angibt. Bildung war für mich ein Geschenk, eine Überraschung, eine Freude, ein Anfang von etwas Neuem, eine Hoffnung, manchmal eine Angst, es nicht zu schaffen, aber immer wieder eine Quelle von Verstehen und neuen Fragen. Bildung ist für mich heute eine riesige Landkarte, die ich nach Herzenslust bereisen kann, wenn ich mag. Auf meiner Landkarte gibt es noch so viele weiße Flecken. Ich habe mein Abitur mit 29 Jahren ohne die emotionale Unterstützung meiner Eltern nachgeholt. Meine Eltern ahnten schon, dass sich nach dem Abitur ein „teures“ Studium anschließen würde. Auch das war in ihren Augen Luxus, denn ich hatte ja bereits eine Ausbildung.

Nach dem Krieg hatten viele Menschen gar nicht die Möglichkeit, Schulbildung zu erlangen. Im Vordergrund stand, einen guten Job zu finden, Kinder zu bekommen und etwas aufzubauen, ein Haus zu bauen, sich Urlaub im sonnigen Süden leisten zu können. Frauen, die in den 60er Jahren nicht heirateten und stattdessen studieren wollten, waren in der Welt meiner Eltern nicht sichtbar. Bildung war eine stille Sehnsucht, an die man nicht mal im Traum denken durfte, so kam es mir in meiner Familie als Teenager manchmal vor. Das muss mit dem materiellen Mangel meiner Eltern in ihrer Kindheit zu tun gehabt haben. Ich habe dieses Phänomen auch bei den Eltern von Freunden oder bei Verwandten beobachten können. Materieller Wohlstand schien wichtiger als irgendwelche fernen Ziele und Horizonte. Erst mit fortschreitendem Alter fingen meine Eltern an, sich hobbymäßig und theoretisch zu bilden. Sie besuchten zwar keine Kurse in der Volkshochschule, aber sie kauften sich Sachbücher zu den verschiedensten Themen oder machten Kulturreisen in die neuen Bundesländer. Das war für sie der pure Luxus. Sie besuchten Schlösser und Burgen, mein Vater liebte es, in rustikaler Umgebung oder in historischen Gebäuden an schön gedeckten Tischen zu essen, während meine Mutter die Holzmaserung der Möbel genau betrachtete und befühlte.

Da ich diesen „Bildungsluxus“ aber deutlich vor meinem Rentenalter haben wollte, nahm ich die zähen Diskussionen mit meinen Eltern wegen einer finanziellen Unterstützung meines Studiums in Kauf. Bildung ist ein Grundbedürfnis von Menschen, das von ganz allein entsteht, wenn es nicht aktiv unterdrückt wird. Das hat die Evolution vermutlich so angelegt, damit man ab und zu auch mal das Gewohnte verlässt, um Neues zu entdecken, weil Flexibilität die Überlebenschancen der Spezies erhöht.

Bildung ist ein Grundbedürfnis, und das machen sich natürlich auch die dunklen Kräfte auf dieser Welt zu Nutze.

Das heutige Bild, das ich zum Artikel gewählt habe, habe ich vor ein paar Wochen in dem Viertel, in dem ich wohne, mit der Kamera aufgenommen. Auf einem Plakat konnte ich „VIEL FREE“ in großen Buchstaben lesen und war sprachlos. Ich wusste gar nicht, was mich so bestürzte, als ich das Plakat sah. Aber ich spürte, dass ich dieses Plakat im Bild festhalten musste, weil irgendeine tiefe Botschaft darin lag, die ich mitnehmen sollte. Manchmal verstehe ich Dinge erst intuitiv und anschließend kognitiv.

Dieses Plakat ist eine Werbung für irgendeinen Freizeitpass o.ä., den man in unserer Region erwerben kann. Aber der Anbieter wirbt mit einer bewusst falschen Rechtschreibung (VIEL FREE). Da ich nicht aus einem Bildungshaushalt komme, könnte mir das herzlich egal sein. Aber was mir nicht egal ist, ist das Gefühl, das ich beim Lesen dieses Plakats bekam. Das war ein Gefühl von einem vollen Nachttopf, den man mir über den Kopf schüttet und dabei noch hämisch grinst. Das Plakat hat mich spontan empört.

Ich dachte sofort an die Geflüchteten aus Syrien und Afghanistan, mit denen ich vor ein paar Jahren gearbeitet hatte. Sie hatten dermaßen Stress mit dem Erlernen der deutschen Sprache gehabt. Oft waren die „Lehrer“ in den Sprachkursen keine ausgebildeten Lehrer gewesen. Die Familienväter und die Teenager der Flüchtlingsfamilien fielen teils mehrmals durch die Prüfungen und hatten Angst, deshalb von der Behörde nicht zum regulären Arbeitsmarkt bzw. zum Gymnasium zugelassen zu werden. Die Mütter blieben zum Glück gelassener. Die bestandene Sprachprüfung war die offizielle Voraussetzung für die Teilnahme am ersten Arbeitsmarkt, so hieß es damals zumindest. Wer den Abschluss nicht hatte, erhielt keine Hilfe beim Schreiben einer Bewerbung. Das „Konzept“ der Maßnahme zur Vermittlung in Arbeit, in der ich damals tätig war, sah dies so vor. Ich kann mich noch lebhaft an die Auseinandersetzung mit meinem Kollegen erinnern, die ich deshalb damals hatte. Diese Logik erschloss sich mir nicht, denn man lernt Sprache doch am besten dort, wo man lebt UND arbeitet. Aber zurück zu dem Plakat. Was ich zum Ausdruck bringen möchte, ist, dass es insbesondere in dem Viertel, in dem ich wohne, viele Menschen mit ganz unterschiedlicher Herkunft und mit Kriegserfahrung gibt, die nicht sicher sind in der deutschen Sprache, für die es nicht hilfreich ist, dass Plakate mit einer fehlerhaften Rechtschreibung für etwas werben. Und von der zynischen Qualität dieses „VIEL FREE“ rede ich noch gar nicht.

Wie soll man in einem Land, das man neu kennen lernen möchte und muss, weil man aus einem Krieg geflüchtet ist, die Sprache lernen, wenn man bewusst fehlerhafte Rechtschreibung vorgesetzt bekommt? Und den angeblichen Wortwitz verstehen doch die meisten gar nicht, weil sie, wie gesagt, weder im mündlichen noch im schriftlichen Sprachausdruck sicher sind. Und niemand möchte sich lediglich „frei fühlen“, sondern lieber tatsächlich „frei sein“, oder nicht? Und echte Freiheit hat sicherlich auch nichts mit irgendeiner Plastikkarte zu tun, mit der ich einen Erlebnispark oder ein Spaßbad aufsuchen kann.  

„Frei sein“ bedeutet für mich, dass ich nicht durch psychologische Tricks für etwas interessiert werde, das mich von echter Freiheit ablenken und abhalten soll. Echte Freiheit braucht auch sicherlich keine Plastikkarten mit personenbezogenen Daten. Echte Freiheit bedeutet, dass ich NICHT aus meinem Heimatland durch Krieg vertrieben werde, sondern dass ich mein Leben (und meine Freizeit) nach Lust und Laune so gestalten kann, wie ich das will. Und dazu gehört mehr als ein Besuch im Erlebnispark des Landes, in das ich geflüchtet bin, um zu überleben. Dazu gehört, dass ich die Sprache vor Ort verstehe und selbst sprechen kann, dass ich ein respektierter Teil der Gesellschaft werde, dass ich die gleichen Chancen bekomme wie die anderen, dass ich die finanziellen Mittel habe für Bildung, guten Wohnraum mit Garten und was auch immer, dass ich mobil bin, und dass ich, insbesondere als junger Mensch, meine Familie und eine vertraute Gruppe von Freunden um mich habe. Also „frei sein“ bedeutet, NICHT aus meiner Heimat weggebombt zu werden.

In meiner unmittelbaren Nachbarschaft leben unbegleitete minderjährige Flüchtlinge in einer Wohngemeinschaft zusammen. Das sind höfliche Jungs so um die 16/17 Jahre. Sie lernen die Welt und das Leben gerade erst kennen. Sie haben keinen leichten Start gehabt, sind aber neugierig auf dieses neue Land, in dem sie nun leben. Sie grüßen freundlich und probieren die neu erlernte Sprache aus. Solche Plakate direkt vor ihrer Haustür sind nicht hilfreich. Diese Plakate versuchen, junge Menschen mit ihrem ganz normalen Bedürfnis danach, Neues zu erleben, abzuholen und in eine aktionsreiche Scheinwelt zu entführen, in der es vermeintlich Freiheit und ganz VIEL Spaß gibt. Solche Plakate sind für mich keine unschuldige Werbung für einfache Freizeitgestaltung. Solche Plakate sind einerseits der dezente Wink in Richtung Konsum und andererseits kognitive Platzhalter, mentale Füllstoffe.

VIEL FREE mit Plastikkarten ist in meinen Augen ein aufdringliches Angebot für willkommene Schmerzvermeidung durch Konsum. Es ist Angriff auf Sprache und Denken. Es richtet sich an junge Menschen, die das, was sie in den letzten Jahren hier oder woanders erleben mussten, vergessen möchten. Nach Kriegen oder staatlichen Übergriffen, so wie in der sogenannten Corona-Zeit, geht es immer für fast alle Beteiligten um das Vergessen. An diesem Punkt sind sich die Dynamik von Trauma einerseits und die Täterstruktur andererseits leider immer einig. Deswegen hat es ja auch in der deutschen Vergangenheit funktioniert, Konsum als Schmerzpflaster auf Wunden aller Art zu kleben.

VIEL FREE ist für mich ein trauriges Zeitdokument, das meine Aufmerksamkeit gefunden hat, weil es das Gegenteil von Freiheit, Genießen, Gemeinschaft und vielem mehr darstellt.

VIEL FREE hat mich an meine Eltern in jungen Jahren und ihre Sehnsüchte erinnert, eine traumatisierte Generation, die alles dafür getan hat, materiellen Wohlstand zu generieren, um sich endlich wieder emotional sicher fühlen zu können.

VIEL FREE erreicht nicht die Herzebene, weil es nicht von Herzen kommt.

VIEL FREE ist eine kostengünstige Zucker-LÖSUNG, die den kleinen Hunger und die stille Sehnsucht nach Heimat, Zugehörigkeit, Sicherheit, Frieden, Glück und vielleicht auch nach Bildung stillen soll. Aber sie macht genau das, was Zucker macht. Sie macht nicht satt, sondern weckt den großen Hunger. Man konsumiert dann das Falsche mit all den Folgen, die das hat. Es ist schwer, aus solchen Kreisläufen wieder raus zu kommen.

Wem dienen diese ungesunden Kreisläufe?

Wem dient dieser Konsum, der nicht satt macht?

Wem dient das Vergessen einer traumatischen Jugend?

Was denkt man alles NICHT, während man mit VIEL FREE als mentalem Füllstoff beschäftigt ist?

Was fühlt man alles NICHT, während man Loopings auf der Konsumschiene dreht?

Was macht man alles NICHT, was außerhalb der vorgezeichneten Freizeitzone liegt, aber auch Spaß macht?

Was ist die gesunde Alternative für junge Menschen, egal welcher Herkunft?

Wie können Angebote insbesondere für junge Menschen, die traumatisiert sind, aussehen?

Wo kann man als junger Mensch kostenlos und ohne eine Institution oder ein „Konzept“ im Nacken mit Gleichaltrigen in der Freizeit „abhängen“ und nebenbei Schafe, Obstbäume und andere Menschen aus sicherer Entfernung beobachten?

Wo gibt es solche unschuldigen Oasen?

Wo kann man Trauma „heilen“ oder zumindest die Voraussetzungen für spätere Selbstheilung schaffen?

Wo wird man nicht mit Zucker-LÖSUNG angefixt?

Wo kann man lernen, den eigenen Körper, die eigenen Gefühle nach Trauma wieder zu spüren, zu regulieren und sich dadurch wirklich frei zu fühlen?

Wer vermittelt der nächsten Generation eigentlich, was wir (in den letzten fünf Jahren) gelernt haben?

Vielleicht geht das erstmal über praktische Angebote, über das persönliche Erleben und später dann über theoretische Bildung. Man muss den Wert von Schafen und Bäumen nicht sofort theoretisch erklärt bekommen. Für den Anfang reicht es, wenn man Zugang zu Schafen und Bäumen bekommt und lernt, wie andere mit Schafen und Bäumen umgehen, also Lernen am Modell. Es müssen auch nicht unbedingt Schafe und Bäume sein, das ist, wie Sie bereits gemerkt haben, nur eine Metapher.

Mich haben Schafe und Bäume in gewisser Weise gerettet. Sie haben mir Verbindung angeboten. Ich konnte diese Verbindung am eigenen Leib spüren. Ich konnte spüren, dass ich bin und auch erahnen, wer ich wirklich bin. Sie waren mir ein verlässliches Gegenüber in schwierigen Zeiten, sie haben mich so oft beruhigt, getröstet und gehalten. Die Natur hört zu, wenn keiner mehr zuhört. Sie nimmt Dich an, egal wer Du bist. Sie bewertet Dich nicht. Sie ist unendlich geduldig und ein super Lehrer für alle Fragen, die einem als Kind so einfallen können. Sie weckt Deine Aufmerksamkeit, Deine Neugier, Deinen Wunsch zu Lernen und zu Verstehen. Sie lenkt Dich ab. Die Natur unterrichtet Dich ganz beiläufig. Ihre Sprache ist das kreative Spiel und die Fülle. Diese Anbindung an die Natur hilft mir bis heute, mit Herausforderungen aller Art klarzukommen. Wenn ich nicht weiter weiß oder mich beruhigen möchte und muss, dann gehe ich in die Natur. Danach ist nicht jedes Problem sofort gelöst, aber ich bin wieder zuversichtlich, dass ich auch diese Welle nehmen kann und über Wasser bleibe. Ich spüre mich dann mit all meiner Kraft als einen Teil dieser Welt. Und genau das wünsche ich vor allem den jungen Leuten in meiner Umgebung, die noch so viel vor sich haben.

Du bist geboren, um Dich als einen Teil dieser Welt kraftvoll und frei zu fühlen.

Du bist ein Stück von dieser Natur, die jeden Tag kreativ spielt und immer reichlich von allem hat.

Man sagt: „Schau auf den Horizont, wenn die Wellen hochschlagen.“

Für mich bedeutet das: Wenn Du Dich mit der Natur verbindest, dann hast Du Orientierung, dann fühlst Du Dich selbst. Und wenn Du Dich und Deine angeborene Stärke fühlst, dann bist Du frei. Dann kann Dir kein Problem etwas anhaben. Die Natur heilt sich und Dich jeden Tag auf`s Neue.

BORN TO BE FREE.

BE FREE.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

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

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.

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@ f0fd6902:a2fbaaab

Panpsychism is the view that mentality is fundamental and ubiquitous in the natural world. The view has a long and venerable history in philosophical traditions of both East and West, and has recently enjoyed a revival in analytic philosophy. For its proponents panpsychism offers an attractive middle way between physicalism on the one hand and dualism on the other. The worry with dualism—the view that mind and matter are fundamentally different kinds of thing—is that it leaves us with a radically disunified picture of nature, and the deep difficulty of understanding how mind and brain interact. And whilst physicalism offers a simple and unified vision of the world, this is arguably at the cost of being unable to give a satisfactory account of the emergence of human and animal consciousness. Panpsychism, strange as it may sound on first hearing, promises a satisfying account of the human mind within a unified conception of nature.

For more details: https://plato.stanford.edu/entries/panpsychism/

https://stacker.news/items/1005324

@ ae9dc5ef:77f0ed87

I'm excited to announce that Nostr Game Engine just reached its first development milestone: v0.0.

What is Nostr Game Engine?

Nostr Game Engine is built on top of the modular and proven jMonkeyEngine.

What sets it apart? Its internals are being gradually replaced with Nostr-powered modules, turning it into a reference engine purpose-built for decentralized games.

This first release delivers these key capabilities:

Peer-to-Peer Networking

Forget centralized game servers. Nostr Game Engine gives you real P2P multiplayer, using WebRTC for data streaming and Nostr relays for coordination.

Want to dig deeper? This is a draft NIP that is a revised version of this other draft NIP, that details how the signaling works.

WebRTC is already a solid and reliable peer-to-peer protocol, equipped with a full set of NAT traversal capabilities, but its signaling phase typically relies on specialized central servers.

By coupling WebRTC with Nostr, we take signaling decentralized too by relying on a network of dumb public relays that are oblivious to what encrypted data we send to them and are easily replaceable.

(see the documentation for more info)

Nostr Authentication & Gamertags

NGE has a fully managed Nostr Auth flow, with support for NIP-49 encrypted local nsecs and  NIP-46 remote signers.

It also fully handles metadata, including external identities:  your profile picture, display name, and other details can carry over between games, and even from other Nostr clients and communities.

This release is also introducing Gamertags: persistent gaming handles tied to your Nostr pubkey. They are like Xbox Gamertags or the old Discord handle, but they’re decentralized and follow you across any game that supports them (check this draft nip for more info).

Match Making

While matchmaking is planned for a later milestone on the roadmap, this release ships with an early implementation to help test RTC connections.

This initial implementation has the APIs to create lobbies that are discoverable and optionally password-protected. Players can search and filter for lobbies using both client-side and relay-side filtering, depending on what the relay supports.

Right now, you can’t see how many players are in a lobby, and the feature is still a bit rough around the edges, but it's a solid start, and more improvements are coming as we move further along the roadmap.

The cool part? You don’t even need to know Nostr is running under the hood. The engine exposes simple APIs like createLobby, findLobbies, and connectToLobby, the developer can call them when needed, and the engine handles all the relay querying and data stitching behind the scenes.

(see the documentation for more info)

A new Nostr Client Library

The engine uses a new Nostr client library built from scratch, designed for performance, asynchronicity, and memory efficiency. It’s lean, fast, and built to be the foundation for everything that comes next.

Cross-Platform and language of choice

The entire codebase is written mostly in Java, and it builds natively for Linux, macOS, and Windows.

Support for Android, iOS, and Web Browsers is on the roadmap.

What has been built so far?

• Version 0.0, with the core features mentioned above

• Documentation covering the key components of the engine

• An app template to help bootstrap projects and experiment with the engine

• An high performance and portable nostr client library

• A tech demo (more on that later)

So now, you can get a real feel for the engine, see what it does, play around with it, and maybe even start experimenting with your own ideas.

Roadmap

This is just the beginning. There is a full roadmap on the website.

Upcoming milestones include ads, deeper identity features, and tools that make decentralized game development as smooth as possible.

Sea of Nostriches

This is a demo built for this release. 

You start alone in an open ocean with a boat, nothing much at first. 

But as soon as another player joins (another peer), your boat begins sending data directly to theirs via peer-to-peer communication. You’ll see this visualized as a stream of numbers moving between boats in game.

If you have a profile picture set, it’ll automatically appear on your boat’s sail, and you’ll see others’ profile pictures on theirs.

That’s the core of it. 

It is not a real game, as there is nothing really to do, no lag compensation, no score etc… but it is a decent reference, and an “integration test” for this release.

There’s a lot more going on behind the scenes, like how the ocean is simulated or how rendering is handled, but that’s beyond the scope of this post. You can check out the full source code on GitHub, along with native builds for all supported platforms and a portable JAR.

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That’s all for now! Huge thanks go to nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqypu8xwr40lp96ewdj2fef408wy70gd3carf9n6xu7hrnhq6whpgly925h0z for making this possible. Their support allows me to dedicate full-time effort to this project and contribute to the growth of the Nostr ecosystem.

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Check out the website at ngengine.org and browse the docs at ngengine.org/docs if you want to dig deeper.

Feel free to come up with any questions. I’ll do my best to answer.

@ e096a89e:59351479

Here’s how to make the perfect soft boiled egg in seven minutes using ice water.

Video: https://v.nostr.build/gODN4ihoJal4EhuA.mp4

1. Grab your eggs.

2. Fill a pot with water, put it on high heat, and bring it to a boil.

3. While waiting, fill a bowl with ice and water. Set it aside.

4. Once the water is boiling, gently add the eggs.

5. Start a timer for 7 minutes.

6. When 7 minutes are up, transfer the eggs into the ice water bowl.

7. Let them sit for a couple of minutes before peeling.

(Optional) Make peeling fun - see how big of shell pieces you can get.

1. After peeling, put the eggs back into the ice water for a few more minutes. *This helps them firm up slightly while keeping the yolk soft but not runny.

2. Sprinkle with sea salt flakes and enjoy with whatever you like.

Give a zap if you enjoy this sort of content, and if this yielded good results for you :)

@ 866e0139:6a9334e5

Autor: Caitlin Johnstone. Dieser Beitrag wurde mit dem Pareto-Client geschrieben. Sie finden alle Texte der Friedenstaube und weitere Texte zum Thema Frieden hier. Die neuesten Pareto-Artikel finden Sie in unserem Telegram-Kanal.

---

Die neuesten Artikel der Friedenstaube gibt es jetzt auch im eigenen Friedenstaube-Telegram-Kanal.

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Israel hat eine umfangreiche Serie von Luftangriffen auf den Iran gestartet.

Die westlichen Medien übernehmen natürlich unhinterfragt die faktenfreie Behauptung der israelischen Regierung, dass diese Angriffe „präventiv“ waren.

Das Trump-Regime versucht, dies als einen völlig einseitigen israelischen Angriff darzustellen, der nichts mit den Vereinigten Staaten zu tun habe - eine Behauptung, die man durchaus glauben könnte, wenn man gestern geboren wäre.

Hier ist eine Liste von Schlagzeilen, die wir in Zukunft von der New York Times erwarten können:

• Iranische Angriffe erschüttern Israel in einem unprovozierten Angriff.

• Israelische Familien suchen Schutz bei antisemitischem Terroranschlag.

• Israelischer Verteidigungsminister: US-Campus-Demonstranten wussten irgendwie von iranischen Angriffen im Voraus, was auf eine Koordination mit Teheran hindeutet.

• Trump äußert privat seine Frustration mit Netanjahu über den Iran-Konflikt, dem die USA nur passiv und unschuldig beiwohnen.

• Amerikanische Juden fühlen sich inmitten der sich zuspitzenden Kriege im Nahen Osten verunsichert und nicht unterstützt.

• Meine Meinung: Ich habe bei den Luftangriffen auf Tel Aviv um mein Leben gefürchtet. Niemand auf der Welt kann sich vorstellen, wie das ist.

• Meinung: Besteht die Gefahr, dass die USA in einen weiteren Krieg im Nahen Osten hineingezogen werden?

• Meinung: Stolpern die USA in einen weiteren Krieg im Nahen Osten?

• Meinung: Stolpern die USA versehentlich in einen weiteren Krieg im Nahen Osten?

• Meinung: Werden die USA mit Füßen getreten und in einen Krieg im Nahen Osten hineingezogen, den sie seit jeher um jeden Preis zu vermeiden versuchen?

• USA starten Präventivschlag gegen den Iran.

• Ihre Meinung: Werden die USA in einen dritten Weltkrieg hineingezogen?

• Meinung: Taumeln die USA kopfüber in einen nuklearen Schlagabtausch mit Russland und China?

• Meinung: Der Himmel verdunkelt sich, während nukleare Strahlung über unser Land kriecht, deshalb müssen wir alle zusammenkommen und die Hamas verurteilen.

• Meinung: Die Erde ist ein unfruchtbares Ödland. Nichts bleibt übrig. Schauen Sie nach Ihren jüdischen Freunden.

Dieser Text erschien zuerst auf englisch auf dem Substack-Blog der Autorin.

---

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• Ab 1000 CHF werden Sie Genossenschafter der Friedenstaube mit Stimmrecht (und bekommen lebenslanges Abo, T-Shirt/Hoodie).

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Betreff: Friedenstaube

Wenn Sie auf anderem Wege beitragen wollen, schreiben Sie die Friedenstaube an: friedenstaube@pareto.space

---

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.

@ b1ddb4d7:471244e7

Jason Lowery’s thesis, Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, reframes bitcoin not merely as digital cash but as a transformative security technology with profound implications for investors and nation-states alike.

For centuries, craft brewers understood that true innovation balanced tradition with experimentation—a delicate dance between established techniques and bold new flavors.

Much like the craft beer revolution reshaped a global industry, bitcoin represents a fundamental recalibration of how humans organize value and project power in the digital age.

The Antler in the Digital Forest: Power Projection

Lowery, a U.S. Space Force officer and MIT scholar, anchors his Softwar theory in a biological metaphor: Bitcoin as humanity’s “digital antler.” In nature, antlers allow animals like deer to compete for resources through non-lethal contests—sparring matches where power is demonstrated without fatal consequences. This contrasts sharply with wolves, who must resort to violent, potentially deadly fights to establish hierarchy.

The Human Power Dilemma: Historically, humans projected power and settled resource disputes through physical force—wars, seizures, or coercive control of assets. Even modern financial systems rely on abstract power structures: court orders, bank freezes, or government sanctions enforced by legal threat rather than immediate physical reality.

Lowery argues this creates inherent fragility: abstract systems can collapse when met with superior physical force (e.g., invasions, revolutions). Nature only respects physical power.

Bitcoin’s Physical Power Engine: Bitcoin introduces a novel solution through its proof-of-work consensus mechanism. Miners compete to solve computationally intense cryptographic puzzles, expending real-world energy (megawatts) to validate transactions and secure the network.

This process converts electricity—a tangible, physical resource—into digital security and immutable property rights. Winning a “block” is like winning a sparring match: it consumes significant resources (energy/cost) but is non-destructive.

The miner gains the right to write the next page of the ledger and collect rewards, but no participant is physically harmed, and no external infrastructure is destroyed.

Table: Traditional vs. Bitcoin-Based Power Systems

Power System

Mechanism

Key Vulnerability

Resource Cost

Traditional (Fiat/Banking)

Legal abstraction, threat of state force

Centralized points of failure, corruption, political change

Low immediate cost, high systemic risk

Military/Economic Coercion

Physical force, sanctions

Escalation, collateral damage, moral hazard

Very high (lives, capital, instability)

Bitcoin (Proof-of-Work)

Competition via energy expenditure

High energy cost, concentration risk (mining)

High energy cost, low systemic risk

Softwar Theory National Strategic Imperative: Governments Are Taking Notice

Lowery’s Softwar Theory has moved beyond academia into the corridors of power, shaping U.S. national strategy:

1. The Strategic Bitcoin Reserve: Vice President JD Vance recently framed bitcoin as an instrument projecting American values—”innovation, entrepreneurship, freedom, and lack of censorship”. State legislation is now underway to implement this reserve, preventing easy reversal by future administrations.
2. Regulatory Transformation: The SEC is shifting from an “enforcement-first” stance under previous leadership. New initiatives include:
   • Repealing Staff Accounting Bulletin 121 (SAB 121), which discouraged banks from custodying digital currency by forcing unfavorable balance sheet treatment.
   • Creating the Cyber and Emerging Technologies Unit (CETU) to develop clearer crypto registration/disclosure rules.

The Investor’s Lens: Scarcity, Security, and Asymmetric Opportunity

For investors, understanding “Softwar” validates bitcoin’s unique value proposition beyond price speculation:

• Digital Scarcity as Strategic Depth: Bitcoin’s fixed supply of 21 million makes it the only digital asset with truly inelastic supply, a programmed scarcity immune to political whims or central bank printing.

  This “scarcity imperative” acts as a natural antidote to global fiat debasement. As central banks expanded money supplies aggressively (Global M2), bitcoin’s price has shown strong correlation, acting as a pressure valve for inflation concerns. The quadrennial “halving” (latest: April 2024) mechanically reduces new supply, creating built-in supply shocks as adoption grows. * The Antifragile Security Feedback Loop: Bitcoin’s security isn’t static; it’s antifragile. The network strengthens through demand: * More users → More transactions → Higher fees → More miner revenue → More hashpower (computational security) → Greater network resilience → More user confidence.
  This self-reinforcing cycle contrasts sharply with traditional systems, where security is a cost center (e.g., bank security budgets, military spending). Bitcoin turns security into a profitable, market-driven activity. * Institutionalization Without Centralization: While institutional ownership via ETFs (like BlackRock’s IBIT) and corporate treasuries (MicroStrategy, Metaplanet) has surged, supply remains highly decentralized.

  Individuals still hold the largest share of bitcoin, preventing a dangerous concentration of control. Spot Bitcoin ETFs alone are projected to see over $20 billion in net inflows in 2025, demonstrating robust institutional capital allocation.

The Bitcoin Community: Building the Digital Antler’s Resilience

Lowery’s “Softwar” theory underscores why bitcoin’s decentralized architecture is non-negotiable. Its strength lies in the alignment of incentives across three participant groups:

1. Miners: Provide computational power (hashrate), validating transactions and securing the network. Incentivized by block rewards (newly minted BTC) and transaction fees. Their physical energy expenditure is the “muscle” behind the digital antler.
2. Nodes: Independently verify and enforce the protocol rules, maintaining the blockchain’s integrity. Run by users, businesses, and enthusiasts globally. They ensure decentralized consensus, preventing unilateral protocol changes.
3. Users: Individuals, institutions, and corporations holding, transacting, or building on bitcoin. Their demand drives transaction fees and fuels the security feedback loop.

This structure creates “Mutually Assured Preservation”. Attacking bitcoin requires overwhelming its global, distributed physical infrastructure (miners/nodes), a feat far more complex and costly than seizing a central bank’s gold vault or freezing a bank’s assets. It transforms financial security from a centralized liability into a decentralized, physically-grounded asset.

Risks & Responsibilities

Investors and policymakers must acknowledge persistent challenges:

• Volatility: Bitcoin remains volatile, though this has decreased as markets mature. Dollar-cost averaging (DCA) is widely recommended to mitigate timing risk.
• Regulatory Uncertainty: While U.S. policy is increasingly favorable, global coordination is lacking. The EU’s MiCAR regulation exemplifies divergent approaches.
• Security & Custody: While Bitcoin’s protocol is robust, user errors (lost keys) or exchange hacks remain risks.
• Environmental Debate: Proof-of-Work energy use is scrutinized, though mining increasingly uses stranded energy/renewables. Innovations continue.

Jason Lowery’s “Softwar” theory elevates bitcoin from a financial instrument to a socio-technological innovation on par with the invention of the corporation, the rule of law, or even the antler in evolutionary biology. It provides a coherent framework for understanding why:

• Nations like the U.S. are looking to establish bitcoin reserves and embracing stablecoins—they recognize bitcoin’s role in projecting economic power non-violently in the digital age.
• Institutional Investors are allocating billions via ETFs—they see a scarce, secure, uncorrelated asset with antifragile properties.
• Individuals in hyperinflationary economies or under authoritarian regimes use bitcoin—it offers self-sovereign wealth storage immune to seizure or debasement.

For the investor, bitcoin represents more than potential price appreciation. It offers exposure to a fundamental reorganization of how power and value are secured and exchanged globally, grounded not in abstract promises, but in the unyielding laws of physics and mathematics.

Like the brewers who balanced tradition with innovation to create something enduring and valuable, bitcoin pioneers are building the infrastructure for a more resilient digital future—one computationally secured block at a time. The “Softwar” is here, and it is reshaping the landscape of p

@ b4fade0e:a4d2b56a

Find essential details about the operating hours of the after school program in Anaheim Hills offered by Hillsborough Private Preschool. This structured program runs weekdays and is designed to accommodate working parents while offering children a secure, enriching environment. With flexible scheduling and attentive care, the program aligns with local school dismissal times. Learn about pick-up procedures, supervision quality, and how the program supports academic and social development through structured routines and engaging activities tailored to your child’s needs.

@ 5d4b6c8d:8a1c1ee3

I'm solo parenting for a couple of days, so I got lots of activity and not a lot of sleep. I stuck to my fasting window, but didn't stick to OMAD, and mostly ate healthy stuff.

How'd you do on your ~HealthAndFitness goals stackers?

https://stacker.news/items/1005114

@ 9c9d2765:16f8c2c2

In the heart of a forgotten village, wrapped in fog and silence, lived a girl named Lisa who had never seen her reflection.

There were no mirrors in the village, only old tales whispered by elders that mirrors “stole your spirit” or “showed things best left hidden.” Lisa never questioned it. She believed what she was told: she was plain, timid, and destined for nothing more than blending into shadows.

But she felt something inside a flicker, like a candle trying to burn through thick glass.

One day, while gathering herbs deep in the forest, Lisa stumbled upon the ruins of an ancient house. Inside, beneath sheets of ivy and dust, stood an enormous mirror tall, cracked, and untouched for decades.

She froze.

Curiosity trembled in her chest. Carefully, she wiped away the dust with her sleeve.

At first, she saw only her eyes, wild, curious, and afraid. Then, slowly, the whole reflection emerged. Not plain. Not broken. But alive.

It was her, and yet someone more stronger, prouder, freer.

Tears welled in her eyes. All her life, she had believed others’ words. But here, in silence, she saw the truth for herself.

She began visiting the mirror each day, not to admire beauty, but to remind herself she was real. That her thoughts mattered. That what lived inside her could not be shaped by lies spoken outside.

When she returned to the village, she walked differently.

She spoke.

She led.

And others began to wonder: What did she see that changed her?

Lisa simply smiled and said, “I stopped seeing what they told me I was. And started seeing who I truly am.”

Moral: You are not what others say you are. You are who you choose to see.

@ 5d4b6c8d:8a1c1ee3

I know more of the talk is around the Bucks and Giannis, but the Knicks have actually made a huge move already, plus we have some Knicks fans in our midst.

Despite having their best season of the 21st century, the Knicks fired their highly respected coach for not making it to the NBA Finals (which no one expected them to do).

Is this just standard Knicks malpractice? If so, what further malpractice might they commit?

Or, is it part of a legit plan (as unlikely as that seems)? And, if so, what else is in that plan?

The obvious starting place is KAT. I thought KAT had a great season, but he definitely did some dumb KAT stuff in the playoffs. Will the Knicks trade KAT (and whatever else) to land either KD or Giannis? Should they?

If they trade for Giannis, does he play center? If not, they also need a stretch-5, because Giannis can't play next to a traditional big.

KD would be a little cleaner, plus the Suns need a center and supposedly Booker and KAT are buds. KD could slot in at the 4 and give them a starting 5 of - Robinson - KD - OG - Bridges - Brunson

With Hart coming off the bench, that's an awesome 6-man rotation. It's basically what they had, but with KD in place of KAT.

Is KD enough better than KAT for this to be a title team?

What else might be going on with the Knicks?

https://stacker.news/items/1005038

@ 9c9d2765:16f8c2c2

In a quiet coastal town where summer lingered like a forgotten song, lived an old gardener named Ali. His home sat at the edge of the cliffs, where ocean wind tossed sea spray into the air and the sun kissed everything golden. Ali’s garden was a legend of tulips that sang with color, vines that danced in the breeze, and trees that whispered stories to anyone who would listen.

But Ali had grown frail. His hands, once strong, now trembled. His memory sometimes slipped like sand through a sieve. Yet every day, he tended the plants. Not because he needed them but because they still needed him.

One autumn, a young boy named Ben moved into the neighboring house. Ben had not spoken a word since losing his mother the year before. He would sit for hours at the fence, watching Ali work.

Ali never asked him to speak. Instead, he gave Ben a sunflower seed.

“Plant it,” he said. “And believe in the bloom.”

Ben did.

The next day, Ali gave him a cracked watering can. The next, a rusty trowel. Day by day, silence became action. The boy mimicked Ali’s movements. Dug soil. Watered. Waited.

Then winter came fast. A cruel one.

One morning, Ali was gone.

The town whispered, “The gardener has passed.” Snow dusted the garden. The plants withered. Ben stood before the tiny sunflower shoot and wept silently.

But spring arrived timid and uncertain.

And from the earth, a single sunflower broke through.

Ben spoke his first words in months to the flower.

“You’re not alone.”

And in a voice that cracked but carried, he added, “Neither am I.”

Moral: Even after loss, life finds a way. Sometimes, a single leaf can carry the weight of hope for someone else.

@ 9ca447d2:fbf5a36d

El Salvador – June 3, 2025 — The grassroots Bitcoin community of El Salvador is proud to announce the return of Bitcoin Week, taking place this November with five dynamic events celebrating Bitcoin adoption, education, and community-led innovation.

Join us for a week of inspiration, collaboration, and impact.

Bitcoin Week 2025 calendar

📍 November 12 – Bitcoin Education Celebration Gala: Kick off the week in style with a luxurious and intimate evening at a high-class dinner, celebrating “proof of work” and the achievements of the Bitcoin education movement.
Expect major plans for the year(s) ahead but also a reflection to past proof-of-work—and don’t miss out on the Great Grassroots Giveaway, included with every ticket.

📍 November 13 – Bitcoin Educators Unconference: Hosted for the third time in San Salvador at Cadejo Montaña, this sixth edition of the Educators Unconference embodies our commitment to provide a space for decentralized, community-led conversations.
Join educators and leaders shaping the global Bitcoin conversation!

📍 November 14–15 – Adopting Bitcoin: The Network Effect: Now in its fifth year, Adopting Bitcoin returns with a powerful focus on real-world Bitcoin usage across global communities.
This year’s theme—The Network Effect—explores how interconnected local initiatives can spark exponential growth in adoption.

📍 November 16 – Visit Bitcoin Beach, El Zonte: Make your way to Bitcoin Beach, the heart of El Salvador’s Bitcoin story. Enjoy a day of connection and discovery in this iconic beachside town. Full details coming soon.

📍 November 22–23 – Economía Bitcoin, Berlín: Head to the town of Berlín, El Salvador for the second edition of Economía Bitcoin, a powerful, small-scale conference and festival focused on circular economies and practical Bitcoin use.
Spend sats freely in town and see how local action drives global impact.

With five unique events across three regions in Bitcoin Country, this edition of Bitcoin Week is your chance to experience El Salvador’s Bitcoin journey up close. Whether you’re an educator, builder, Bitcoiner, or simply curious—you’re invited.

Join us this November. Be part of the movement.

@ 43820409:694a54a4

This is a brief summary.

This is the best article ever created.

You may be wondering why?

Why

Because we made it.

How

• It just is
• Everyone agrees

---

Thank you for your attention.

End.

@ 3c389c8f:7a2eff7f

Most of my time on Nostr, relays served content simply based on what was requested. Clients mostly requested follow list based content, and often only if the user requested to 'read' from a particular relay. Very simple, though not ideal. Clients that attempted to offer some 'global' or 'universal' feed made it possible to discover some new things but also served spam, redundant bot posts, and even some malicious things that managed to make it through a relay's filters. Paid relays began to gain some ground, with better filters to reduce spam and malicious content, which has helped a lot to clean up these broader feeds that expand beyond the follow-based timeline. Many of the relays hosted redundant content, too, which is important but it's not the only thing that is. The system still left a lot to be desired, particularly for anyone who has understood the potential behind the client-relay set up. Other concerns, like relay centralization through user concentration, still needed to be discussed and addressed.

Despite the voicing of relay diversity advocates, this system seemed to provide most of what people were looking for to replace their typical social media experience. Still, though, reply spam attacks found their way through, as they do. Web-of-Trust relays began to pop up to help mitigate the problem. Using contact lists and extended contact lists as a method of reducing the prevalence of spam has worked really well, but does have it limitations as to how new users can enter into these social graphs, without already knowing someone who is using Nostr. Also not ideal, but it has been a step forward for Nostr's social media use case. Hosted relay services that offered more diverse policy for a relay to operate under finally began to take some hold for those that wanted more choice and control. Still though, potential had barely been breeched.

It might have been before the WoT relay movement, but of nowhere (not really but it kind of seemed like it), a cat relay appeared within the ecosystem. This silly, fun, cute, clever relay collected notes with the #catstr hashtag and used some fancy image analysis stuff (that I can't explain) to collect notes and images of nothing but cats. Such a simple thing, but that was a catalyst (🥁) moment for Nostr. A relay could do more than just collect notes from following lists?? A couple more iterations of the curated content relay model came to be, driving home the idea that this wasn't some silly pie-in-the-sky concept. It was an aha moment for some, sheer joy for the relay advocates, and a turning point for expanding Nostr beyond the basic social media replacement. Very few client options for simply browsing one relay existed at the time, and while it was novel to see, the rest of the framework to support it was not strong nor very easy to use. Even with this dilemma, the catstr relay set off what has become some of the most interesting and useful innovation that has happened within the Nostr ecosystem since I arrived.

Since then, I have spent a lot of my time on Nostr exploring some of what has been developed on the relay front, experimenting where I have found the opportunity and thinking a lot about where this all could lead. Innovation on both the relay and client sides of Nostr have been expanding, not quite in lockstep, but closely enough that someone like myself can now easily jump onto a client like Jumble.social and get a glimpse into what is happening and get an idea of the potential of what is yet to come. For those working in the relay field, I am sure this feels like one slow moving train. For a client developer, it probably feels a little overwhelming to shift an entire model away from what has worked for something that will work better. As a less-than-technical user who is mostly disconnected from any major development, it's exciting. Relay diversity brings actual utility to Nostr. It also brings the assurances that Nostr offers, which whether we have been subjugated to these problems before or not, it is the main reason why Nostr exists and why we are here using it now.

For most anyone reading this, it probably sounds like some weird, unnecessary history lesson. This is actually one long introduction into a little mini-series of relay recaps though.... I was wondering what I would write about next, and this is it. I may just be a user but I'm an adventurous one and I pay attention, so I'm excited to share some of my thoughts, experiences, and observations over the coming weeks... because exciting isn't a strong enough word for the what I see as possible. :)

@ cae03c48:2a7d6671

Bitcoin Magazine

Remixpoint Invests ¥887 Million More Into Bitcoin

Remixpoint Inc. (3825.T), a management consulting services company, announced it has purchased ¥887.3 million worth of Bitcoin, acquiring 55.68 BTC at an average price of ¥15.94 million per coin. 

JUST IN: Remixpoint just keeps buying more #bitcoin. Another 55.68 BTC today and they now have a total of 981.39 BTC. pic.twitter.com/mTkZg8mNO4

— NLNico (@btcNLNico) June 12, 2025

Following this purchase, the company now holds a total of 981.39 BTC, with a market value of approximately ¥15.63 billion. The unrealized gain on its Bitcoin holdings stands at ¥2.32 billion, reflecting their confidence in Bitcoin’s long term value. The funds came from the exercise of stock acquisition rights conducted on June 10.

Remixpoint Inc. is a Japanese company that started in the auto and energy sectors but has changed toward digital assets. It’s one of the few public companies in Japan actively holding Bitcoin, seeing it as both a store of value and a hedge against the weakening yen. Their move highlights a growing shift in Japan’s corporate space toward Bitcoin adoption.

Bitcoin has been so strong over the years that even in Japan, more companies are adding it to their balance sheets. It all started with Metaplanet, which was originally a hotel and hospitality company. In 2024, they shifted their strategy entirely and began accumulating Bitcoin as a treasury asset. That move caught the attention of investors and marked a turning point in Japan’s corporate approach to digital assets. Since then, Metaplanet has leaned fully into the Bitcoin thesis, positioning itself as Japan’s version of Strategy.

Recently, Metaplanet also announced its “555 Million Plan,” aiming to acquire 210,000 BTC, which is about 1% of Bitcoin’s total supply, by the end of 2027. This represents a major step up from its original “21 Million Plan,” which aimed for just 21,000 BTC. As of June 2, the company had already secured 8,888 BTC, far ahead of schedule and signaling strong momentum in its accumulation strategy.

Metaplanet has launched Asia’s largest-ever equity raise dedicated to Bitcoin:
¥770.9 billion (~$5.4B) capital raise
555 million shares via moving strike warrants
First in Japan: issued at a premium to market — enabled by Metaplanet’s high volatility and deep liquidity… pic.twitter.com/UlXHneyDzo

— Simon Gerovich (@gerovich) June 6, 2025

To fund this effort, Metaplanet launched Japan’s first moving strike warrant structure, issuing 555 million shares to raise approximately ¥770.9 billion. The plan was approved following a 10-for-1 stock split and a shareholder vote to increase authorized shares. With robust BTC yield performance and growing investor backing, Metaplanet is quickly establishing itself as Japan’s most influential corporate player in the Bitcoin space.

This post Remixpoint Invests ¥887 Million More Into Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 3c389c8f:7a2eff7f

Most of my time on Nostr, relays served content simply based on what was requested. Clients mostly requested follow list based content, and often only if the user requested to 'read' from a particular relay. Very simple, though not ideal. Clients that attempted to offer some 'global' or 'universal' feed made it possible to discover some new things but also served spam, redundant bot posts, and even some malicious things that managed to make it through a relay's filters. Paid relays began to gain some ground, with better filters to reduce spam and malicious content, which has helped a lot to clean up these broader feeds that expand beyond the follow-based timeline. Many of the relays hosted redundant content, too, which is important but it's not the only thing that is. The system still left a lot to be desired, particularly for anyone who has understood the potential behind the client-relay set up. Other concerns, like relay centralization through user concentration, still needed to be discussed and addressed.

Despite the voicing of relay diversity advocates, this system seemed to provide most of what people were looking for to replace their typical social media experience. Still, though, reply spam attacks found their way through, as they do. Web-of-Trust relays began to pop up to help mitigate the problem. Using contact lists and extended contact lists as a method of reducing the prevalence of spam has worked really well, but does have it limitations as to how new users can enter into these social graphs, without already knowing someone who is using Nostr. Also not ideal, but it has been a step forward for Nostr's social media use case. Hosted relay services that offered more diverse policy for a relay to operate under finally began to take some hold for those that wanted more choice and control. Still though, potential had barely been breeched.

It might have been before the WoT relay movement, but of nowhere (not really but it kind of seemed like it), a cat relay appeared within the ecosystem. This silly, fun, cute, clever relay collected notes with the #catstr hashtag and used some fancy image analysis stuff (that I can't explain) to collect notes and images of nothing but cats. Such a simple thing, but that was a catalyst (🥁) moment for Nostr. A relay could do more than just collect notes from following lists?? A couple more iterations of the curated content relay model came to be, driving home the idea that this wasn't some silly pie-in-the-sky concept. It was an aha moment for some, sheer joy for the relay advocates, and a turning point for expanding Nostr beyond the basic social media replacement. Very few client options for simply browsing one relay existed at the time, and while it was novel to see, the rest of the framework to support it was not strong nor very easy to use. Even with this dilemma, the catstr relay set off what has become some of the most interesting and useful innovation that has happened within the Nostr ecosystem since I arrived.

Since then, I have spent a lot of my time on Nostr exploring some of what has been developed on the relay front, experimenting where I have found the opportunity and thinking a lot about where this all could lead. Innovation on both the relay and client sides of Nostr have been expanding, not quite in lockstep, but closely enough that someone like myself can now easily jump onto a client like Jumble.social and get a glimpse into what is happening and get an idea of the potential of what is yet to come. For those working in the relay field, I am sure this feels like one slow moving train. For a client developer, it probably feels a little overwhelming to shift an entire model away from what has worked for something that will work better. As a less-than-technical user who is mostly disconnected from any major development, it's exciting. Relay diversity brings actual utility to Nostr. It also brings the assurances that Nostr offers, which whether we have been subjugated to these problems before or not, it is the main reason why Nostr exists and why we are here using it now.

For most anyone reading this, it probably sounds like some weird, unnecessary history lesson. This is actually one long introduction into a little mini-series of relay recaps though.... I was wondering what I would write about next, and this is it. I may just be a user but I'm an adventurous one and I pay attention, so I'm excited to share some of my thoughts, experiences, and observations over the coming weeks... because exciting isn't a strong enough word for the what I see as possible. :)

@ 1964e236:30dc8bbf

"Do you know how many people can live on Earth at most? Fifteen billion, maybe twenty, if we organize everything really well. But do you know how many people could live across the entire solar system?"

He paused theatrically.

"A trillion. A billion times a thousand. A hundred times our current population."

His eyes gleamed as he looked at me.

"The solar system holds more than enough resources for that many people—and maybe even more. Just imagine such a world: it would have a thousand Mozarts, a thousand Einsteins, thousands of entrepreneurs with more talent than I’ll ever have."

“And thousands of Hitlers,” I thought to myself.

"Your death is the terrible price we must pay for progress," Grok continued. "Every day humanity fails to move forward is a day lost."

He looked me in the eye from thirty million kilometers away.

"In Death Valley, there’s a tiny fish, the desert pupfish. There are only about three hundred of them left, all living in a single small pool in the most inhospitable desert on Earth. That pool used to be much bigger, probably a small sea after the Ice Age, home to millions of pupfish. But today, all that’s left is a salty puddle, and that’s where the last of their kind are crammed together. To them, that pool is the entire world. They can’t even imagine that there’s something beyond it, that there might be an ocean out there with endless resources. Instead, they stay in their little world—and they’re dying out. A few might get lucky, caught by collectors and kept as ornamental fish in aquariums. But most of them will disappear once the pool dries up. Sure, the pool might survive a while longer. But it could also dry out in the next few months. Or, it could rain so much that the salt level drops and the fish can no longer survive."

He paused again.

"I get it," I whispered. "We’re the fish, and you’re pulling us out of the puddle."

"The fish probably think: we’ve got so little space, we need to save resources, control birth rates, that sort of thing. But in truth, there’s only one thing they need to do: find a new pool!"

"What if they don’t want to leave their home?" Maria would’ve asked him now.

"How many times have we stood on the brink of nuclear war in the last few decades?" Grok went on. "Right now, there's peace. But how long will it last?"

"How many nukes did Grok’s own conglomerate have?" I wondered.

"What each individual can do now," Grok said, "is give everything they’ve got in this life to help humanity reach the next level—so we can finally become multiplanetary. So that one single catastrophe won’t wipe out all of humankind. For you, this truth means—and I truly am sorry—that you have to sacrifice yourself for this mission."

I told him I agreed completely. Of course I did. I had no choice.

Then I listened to Feng’s playlist.

@ ea39b0da:29a1710d

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@ 8bad92c3:ca714aa5

Marty's Bent

J.P. Morgan CEO Jamie Dimon has long been an outspoken skeptic and critic of bitcoin. He has called Bitcoin a speculative asset, a fraud, a pet rock, and has opined that it will inevitably blow up. A couple of years ago, he was on Capitol Hill saying that if he were the government, he would "close it down". Just within the last month, he was on Fox Business News talking with Maria Bartiromo, proclaiming that the U.S. should be stockpiling bullets and rare earth metals instead of bitcoin. It's pretty clear that Jamie Dimon, who is at the helm of the most powerful and largest bank in the world, does not like bitcoin one bit.

Evidence below:

via Bitcoin Magazine

via me

via CNBC

via Trending Politics

Despite Dimon's distinguished disdain for Bitcoin, J.P. Morgan cannot deny reality. The CEO of the largest bank in the world is certainly a powerful man, but no one individual, even in the position that Jamie Dimon is in, is more powerful than the market. And the market has spoken very clearly, it is demanding bitcoin. The Bitcoin ETFs have been the most successful ETFs in terms of pace of growth since their launch. They've accumulated tens of billions of dollars in AUM in a very short period of time. Outpacing the previous record set by the gold ETF, GLD.

Whether or not Jamie Dimon himself likes Bitcoin doesn't matter. J.P. Morgan, as the largest bank in the world and a publicly traded company, has a duty to shareholders. And that duty is to increase shareholder value by any ethical and legal means necessary. Earlier today, J.P. Morgan announced plans to offer clients financing against their Bitcoin ETFs, as well as some other benefits, including having their bitcoin holdings recognized in their overall net worth and liquid assets, similar to stocks, cars, and art, which will be massive for bitcoiners looking to get mortgages and other types of loans.

via Bloomberg

I've talked about this recently, but trying to buy a house when most of your liquid net worth is held in bitcoin is a massive pain in the ass. Up until this point, if you wanted to have your bitcoin recognized as part of your net worth and count towards your overall credit profile, you would need to sell some bitcoin, move it to a bank account, and have it sit there for a certain period of time before it was recognized toward your net worth. This is not ideal for bitcoiners who have sufficient cash flows and don't want to sell their bitcoin, pay the capital gains tax, and risk not being able to buy back the amount of sats they were forced to sell just to get a mortgage.

It's not yet clear to me whether or not J.P. Morgan will recognize bitcoin in cold storage toward their clients' net worth and credit profile, or if this is simply for bitcoin ETFs only. However, regardless, this is a step in the right direction and a validation of something that many bitcoiners have been saying for years. Inevitably, everyone will have to bend the knee to bitcoin. Today, it just happened to be the largest bank in the world. I expect more of this to come in the coming months, years, and decades.

Lyn Alden likes to say it in the context of the U.S. national debt and the fiscal crisis, but it also applies to bitcoin adoption and the need for incumbents to orient themselves around the demands of individual bitcoiners; nothing stops this train.

Real Estate Correction Coming

Real estate expert Leon Wankum shared his perspective on why property prices need to find a new equilibrium by 2026. He pointed to the 18-year property cycle theory, noting we're at the end of the current cycle with a massive imbalance - 34% more sellers than buyers, the highest gap since records began in 2013. Leon explained that sellers still have unrealistic expectations based on 2021-2022 peaks, while buyers face a fundamentally different reality with higher borrowing costs.

"We need a price equilibrium. We need demand and supply prices to match. It's going to take a long time, I think." - Leon Wankum

Leon doesn't expect a catastrophic crash, however. He emphasized that the financial system depends too heavily on real estate as collateral for authorities to allow a complete collapse. With interest rates likely staying above 3% to combat inflation, he sees a healthy correction rather than devastation - a necessary adjustment that creates opportunities for patient buyers who understand the new market dynamics.

Check out the full podcast here for more on Bitcoin treasury strategies, dual collateralization, and corporate BTC adoption

---

Headlines of the Day

California May Seize Idle Bitcoin After 3 Years - via X

Semler Scientific Buys $20M More Bitcoin, Holds $467M - via X

US Home Sellers Surge as Buyers Hit 4-Year Low - via X

Get our new STACK SATS hat - via tftcmerch.io

---

Take the First Step Off the Exchange

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Take control. Start with Bitkey.

Use the promo code *“TFTC20”* during checkout for 20% off

---

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.

---

Final thought...

I feel old.

---

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

Subscribe to our YouTube channels and follow us on Nostr and X:

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@ 2e8970de:63345c7a

Sex was the main determinant of whether you survived, but class was a factor; 16% of third-class men made it, compared to 32% of first-class men (although second-class men did worst of all). In contrast 97% of first-class women lived.

https://www.edwest.co.uk/p/the-sexual-revolutions-titanic-winners

https://stacker.news/items/1004837

@ 2cde0e02:180a96b9

watercolors;

https://stacker.news/items/1004775

@ df478568:2a951e67

How To Mine Your Own Vanity Nostr Key

note. This article works best on https://habla.news/u/marc@primal.net/how-to-mine-a-nostr-vanity-key-with-rana

Rana is a vanity npub generator.

I'll show you how to use it on Ubuntu.

If you're not Linux ninja and use Windows instead of Linux ninja weapons, you can still use Linux with Virtualbox, free ans open source virtualization software. Head over to

https://www.virtualbox.org/ to learn more. They also have an enterprise business if you need that sort of thing, you can learn more at https://shop.oracle.com/

Rana is a nostr vanity key mining program. The source code can be found here.

Rana Is On GitHub

https://github.com/grunch/rana

Since rana already has pretty good docs, I decided to make a video instead of write about this because It's easier to see rana in action than it is to write about Rana. I went off on some tangents, so I might edit this down later, but I hope it helps you mine your own nostr key.

nevent1qqsfk7a000m8zc3ptsuu4vytepqc9eedceclpt2ns9pzlech5cpaflceng5al

Show Notes

https://github.com/grunch/rana

https://virtualbox.org/

https://doc.rust-lang.org/cargo/getting-started/installation.html

cargo run --release -- --vanity-n-prefix=juxtap0se

☮️

nostr:npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0

900,969

@ cae03c48:2a7d6671

Bitcoin Magazine

F Street Announced Goal Of Accumulating $10 Million In Bitcoin

Today, F Street, an alternative investment and private lending firm, announced it has begun adding Bitcoin to its corporate treasury, with a goal of accumulating $10 million in BTC.

JUST IN: Investment firm F Street announced it's buying Bitcoin daily using business proceeds for its treasury reserves

They plan to buy $10 million Bitcoin pic.twitter.com/NMLOteyUYU

— Bitcoin Magazine (@BitcoinMagazine) June 11, 2025

The company began daily BTC purchases on June 9, using business proceeds and treasury funds. This move is part of a broader strategy to strengthen F Street’s capital base and support its real estate lending and investment operations.

“Bitcoin offers a compelling hedge against inflation and dollar debasement,” said the Chief Operating Officer of F Street Mike Doney. “Incorporating it into our treasury is a strategic step to preserve and grow value for our investors and our business interests.”

In line with its commitment to transparency, F Street also plans to establish a public proof of reserves so that stakeholders can independently verify the custody of its Bitcoin assets. The firm aims to build a meaningful BTC position that supports its long term vision of a capital framework.

F Street’s move comes at a time when institutional interest in Bitcoin is experiencing a notable surge, and many prominent voices in the financial world are starting to support it. Billionaire investor Paul Tudor Jones, speaking today in an interview with Bloomberg, named Bitcoin as a critical part of what he considers the ideal portfolio against inflation.

“What would an ideal portfolio be… But it would be some kind of combination of probably gold, vol adjusted, Bitcoin, gold, stocks,” Jones said. “That’s probably your best portfolio to fight inflation. Vol adjusted because the vol of Bitcoin obviously is five times that of gold, so you’re going to do it in different ways.”

Adding to the momentum, the Head of Digital Assets of BlackRock Robert Mitchnick explained two days ago what’s really driving the surge in demand for 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.”

This post F Street Announced Goal Of Accumulating $10 Million In Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 7460b7fd:4fc4e74b

从“出行规则”看监管逻辑与比特币的制度之道

FATF“出行规则”的治理逻辑与监管者的苦衷

金融行动特别工作组（FATF）在2019年推出“Travel Rule”（出行规则），试图将传统银行体系的反洗钱规制延伸至加密资产领域complyadvantage.com。这一规则要求虚拟资产服务商（VASPs）在转账过程中收集并传递交易双方的身份信息，使这些信息如同“随行护照”般伴随资金流动complyadvantage.com。其背后的治理逻辑不难理解：随着加密货币跨境使用的激增，监管者担心加密交易的匿名性为洗钱、恐怖融资提供了便利通道complyadvantage.com。因此，FATF将传统金融领域的第16号建议（关于跨境电汇信息）更新，明确要求加密交易同样附带发送人和接收人的姓名、地址等识别数据complyadvantage.comcomplyadvantage.com。这一举措体现了监管机构的苦衷：在犯罪分子利用技术躲避监管的现实下，他们感到有责任“补上漏洞”，即便这意味着套用旧有的银行规则到全新的区块链技术上。

然而，落实出行规则绝非易事。首先，不同司法管辖区行动步调不一，FATF多次批评各国实施进度缓慢，许多国家尚未将该规则转化为国内法complyadvantage.com。即使在已经执行的地区，监管部门也面临两难：既要防止非法资金流动，又担心过严管制扼杀金融创新。监管者的“苦衷”在于，他们既害怕被视作纵容犯罪，又担心被指责扼杀技术进步。出行规则要求VASPs收集详尽的客户身份信息，并在交易时与对方机构共享，这在实践中遇到技术和隐私保护方面的阻碍trisa.io。一些国家（如瑞士、新加坡）甚至在无最低金额门槛的情况下要求对所有交易执行该规则，欧盟更规定即使收款方是私人自管钱包也必须提交信息trisa.io。这种高标准加重了行业合规负担，使守法企业叫苦不迭，而不法分子则可能转入地下或转向无监管区域继续活动。可以说，监管机构陷入“猫抓老鼠”的困境：不推行吧，担心放任犯罪；推行过严吧，又恐打击面过广。正因如此，FATF在其2024年报告中承认出行规则的全球落实“严重滞后”complyadvantage.com，这既反映各国执法能力的差异，也凸显了此规则本身在新技术环境下的水土不服。

全球跨境资金与信息的系统性压制

出行规则的推行，从宏观上看是在全球金融体系施加新的“信息围墙”。一方面，它将原本开放的价值互联网重新划分为受监管的透明区和未监管的黑箱区。凡是跨过一定金额门槛（FATF建议为1000美元/欧元）的交易，都必须在链上绑定用户的实名信息complyadvantage.com。这意味着个人的资金流动和身份信息被深度绑定并广泛共享，一举打破了加密货币原有的准匿名特性。这种做法固然提升了追踪非法交易的可能性，但也埋下了系统性压制的隐患。正如业界联盟TRISA所警告的那样，将出行规则机械地套用于公开区块链，实则打造了一个集中存储个人隐私与财富信息的“数据金库”，极易成为黑客、犯罪组织甚至敌对政府垂涎的目标trisa.iotrisa.io。因为在传统银行体系下，账户账本是私密的，第三方难以直接获取交易明细；而在区块链上，一旦将姓名、地址等个人识别数据与公开的钱包地址关联，任何人都能通过链上记录分析出个人的财富状况和社交图谱trisa.io。这种对跨境资金和信息流动的全面记录与监控，实质上构成了对个人金融自由的系统性压制：人们在国际转账时不得不暴露隐私，否则交易将被拒之门外。更有甚者，一些国家已将这一逻辑无限延伸，例如中国公安机关提示即便一笔1000 USDT（泰达币）的转账都有可能被列入重点监控名单binance.com。当连如此小额的个人跨境交易都被严密审查时，金融交易所承载的信息自由流动已大打折扣。

从制度批判的视角看，这种全球范围的信息管制源自某些法律传统下对国家主权和税收控制的执念。在大陆法系传统中，国家往往通过成文法律对经济活动实施自上而下的强力规范，历史上形成了构筑信息壁垒以巩固主权和财政的路径依赖。例如许多大陆法系国家长期实行外汇管制和资本流动限制，以防范资金外逃、维护本国税基。这种做法虽出于主权自主的考虑，却与自由贸易要求的要素自由流动天然矛盾。研究表明，不同法律体系的国家在经贸合作模式上偏好迥异，法律传统差异往往成为国际经济一体化的无形藩篱，甚至导致经济关系的割裂cogitatiopress.com。典型案例如中国，对加密资产和稳定币采取高压监管，正是延续了其在资本项目下的信息管控传统。2024年链上数据显示，中国境内USDT跨境流动规模同比激增400%，日均交易额超过50亿美元binance.com。大量民间资金试图借助稳定币绕开官方的外汇管制，形成了一条隐蔽的“数字资金高速公路”binance.com。对此当局迅速祭出国家安全大旗，不仅将无证出入境资金视为重大风险隐患，甚至明确指出USDT等稳定币已成资本无序外逃的工具，必须强力封堵binance.combinance.com。在这一背景下，FATF出行规则等于为各国提供了一个合法理由，在全球范围内实施对跨境资金与信息的联合围堵：以打击洗钱之名，行资本管制之实。这套机制所产生的结构性效果，是在国际金融体系中嵌入了一种“默认不信任”的基调——跨境资金流动被一律视为潜在不法，必须层层验证、记录在案。其结果不仅压抑了资金与信息的自由流通，也为公民个人头上加装了“数字镣铐”，让人们在国际经贸往来中丧失匿名行动的选择权。

隐私协议的滥用：区块链匿名性的两面

在区块链世界中，隐私与匿名性原本被视作一项珍贵的技术特性，代表着去中心化金融对个人隐私权的尊重。然而，当缺乏法理自洽性和契约中立性的支撑，这种匿名性工具却易被犯罪集团所劫持，成为逃避监管的温床。以太坊上的“Tornado Cash”混币协议就是前车之鉴。作为一个去中心化的匿名交易服务，Tornado Cash初衷在于增强用户隐私，但由于缺少必要的合法约束和内部控制，一再被不法之徒利用：自2019年成立以来，该协议已被用于清洗超过70亿美元的犯罪收益，其中包括朝鲜黑客组织“拉撒路集团”在攻击Axie Infinity游戏桥后盗取的4.55亿美元secrss.com。2022年美国财政部更指出，尽管开发者声称Tornado Cash只是中立工具，但其并未采取哪怕基本的措施来阻止服务被反复用于恶意洗钱secrss.com。最终，美国OFAC直接将Tornado Cash列入制裁清单，以此警示加密行业：缺乏法理支撑的匿名协议，终将因为被滥用于洗钱而招致严厉监管惩罚secrss.com。

类似的情况也发生在波场（Tron）等链上。一些基于Tron的混币机制号称提供端到端加密、零知识证明等技术手段来隐匿交易来源sites.google.com。表面上看，这些系统满足了用户追求隐私的需求，但在现实中却成为电信诈骗、网络赌盘等犯罪链条的最爱。联合国毒品和犯罪办公室2024年的报告披露：Tron区块链上的泰达币（USDT）已成为网络诈骗、洗钱、非法赌博的首选工具int-comp.org。犯罪分子之所以偏爱Tron上的USDT，正因为它具备价格稳定、跨境转账手续费低、速度快等优势，可以在不引人注目的情况下快速大额转移资金int-comp.org。链上分析亦显示，高风险USDT转账有高达83%无法追溯最终去向，犯罪团伙通过混币器、地址拆分等技术手段把资金搞得支离破碎，以至于监管部门难以跟踪binance.com。这背后反映出一个发人深省的现象：当一套隐私工具本身没有内置中立的契约约束（如合法用途的限定或责任追踪机制），那么它的匿名性越强，越可能被不法势力挟持利用。波场USDT的大规模滥用已经引起各方警觉，Tron项目方甚至与稳定币发行商和区块链分析公司合作，成立“T3打击犯罪特别小组”，截止2024年底已冻结逾1亿美元涉嫌犯罪的USDTtrmlabs.comcointelegraph.com。可见，当匿名性的武器落入犯罪网络之手，技术提供者也不得不被动介入“事后补救”，这恰恰说明当初设计时若缺乏法理上的自我约束，最终仍要以行政手段清理残局。

隐私协议被滥用的另一面，还体现在某些区块链应用与既有法律文化格格不入。以太坊上的去中心化预测市场「Polymarket」提供了一种赌博式合约交易平台，用户可以下注现实事件的结果。然而从伊斯兰教法视角看，这类“预测市场”无异于赤裸裸的**赌博（Maysir）**行为——参与者纯粹为了不确定事件的结果赌上一把财富，得利者以他人损失为代价，没有创造任何实际价值blog.zoya.financeblog.zoya.finance。根据伊斯兰金融原则，任何脱离实体经济、以纯粹机会为基础获取收益的交易都被视为不道德且明令禁止blog.zoya.finance。因此，Polymarket之类的平台与伊斯兰法对契约合法性的根本要求完全不兼容。这提醒我们：区块链技术的创新若缺乏契约中立性（即契约不偏离基本的公平与道义原则），就容易触犯某些法律或宗教的底线，从而被视作无效甚至有害的合约。无论是Tornado Cash这样的匿名洗钱温床，Tron链上被诈骗集团操控的资金暗道，还是Polymarket式的“去中心化赌场”，这些系统都凸显出当技术试图凌驾法律和伦理时所面临的巨大风险。它们要么被政府如临大敌般封杀（正如Tornado Cash遭制裁），要么被正义力量反制清理（如Tether冻结波场诈骗资金reuters.com），要么在道义上遭到主流文化的排斥（如伊斯兰世界视预测赌博为禁忌）。这一系列教训昭示：区块链生态中的隐私与创新，必须建立在法理自洽和契约中立的基础上，否则技术越前卫，反噬也越猛烈。

比特币的保守式创新：技术中立与合约合法性的统一

在区块链的众多创新中，比特币无疑是一个特殊的存在。它被称为“保守派的创新”，乃因其在开创数字货币新时代的同时，恪守了一些朴素但持久的原则。首先，比特币的设计追求技术中立。中立并不意味着纵容匿名滥用，而是指比特币网络对任何参与者一视同仁，仅仅按照既定算法规则处理交易，无内置偏见或特殊权限。比特币交易记录公开透明，所有交易在全球共享的账本上广播确认，其匿名性是“假名制”（pseudonymous）而非无法穿透的黑箱。事实上，正是由于比特币交易记录可被区块链分析工具去匿名化，在过去几年中我们看到犯罪团伙对比特币的兴趣有所降低，反而转向了Monero等完全匿名币或Tron-USDT等更隐匿便捷的手段int-comp.orgint-comp.org。Chainalysis的最新报告显示，2024年稳定币已经取代比特币成为犯罪分子使用的主要加密货币，占非法交易量的63%，而比特币在非法用途中的占比显著下降int-comp.orgint-comp.org。这个趋势从反面印证了比特币系统“公开且中立”的特性天然抑制了部分洗钱和犯罪滥用：任何人在比特币区块链上大额频繁作恶，都更容易被全球监管机构捕捉线索，留下破案的蛛丝马迹。

其次，比特币体现了交易确定性和契约精神的统一。在法律体系（尤其是英美普通法和伊斯兰教法）中，一份契约要具有合法性，核心在于当事各方自愿、条款清晰且不违背基本道德。比特币网络上的交易契约以代码方式自动执行，一旦双方签名广播，交易即被不可篡改地记录，一切权利义务随即完结。这种**“交割即结算”的机制提供了绝对的确定性，杜绝了传统金融中常见的赖账、拒付、无限制 chargeback（退款）等不确定因素。比特币不需要中央中介担保信用，依靠分布式共识来保证交易的最终性，这种确定性契合了普通法系对契约履行的重视：契约一旦成立即应严格履行，不得任意毁约。更值得注意的是，比特币没有利息（riba）和债务膨胀的设计**，2100万枚的恒定供应和逐步减半的发行机制，使其更接近一种数字商品而非通过债务衍生的货币nasdaq.com。在伊斯兰金融原则下，收取或支付利息被视为不公正，属明令禁止的行为，而比特币的货币体系天生规避了“利息”的概念nasdaq.com。同时，比特币交易公开透明，每一笔转账都记录在链上且需双方同意才能发生，这与伊斯兰教法要求交易双方充分知情、协商一致的原则不谋而合nasdaq.comnasdaq.com。尽管有人担忧加密货币的投机性带来不确定性（Gharar），但那更多是市场行为层面的波动，而比特币协议本身的运作是清晰明确、不含欺瞒的nasdaq.com。在穆斯林学者看来，如果加密货币被用于合法且善意的目的，它并不必然违反伊斯兰金融核心原则nasdaq.com。例如，中东一些创新项目已尝试将区块链用于公益和慈善，对每笔币交易提取天课（宗教捐献）用于慈善基金，以确保技术符合伊斯兰伦理nasdaq.comnasdaq.com。这种做法其实与比特币“协议中立、用途开放”的精神一致——技术本身不预设善恶关键，在于使用者是否将其用于合乎道义的契约。

换言之，比特币之“保守”，保守在它选择做“数字黄金”而非肆意重塑社会契约。它遵循价值储藏和交换媒介的基本定位，没有内置复杂的金融衍生功能，也不鼓励凭空创造信用泡沫。这种克制让比特币能够较自然地融入现行法治框架：作为一种私人财产和交换工具，比特币交易遵循“你情我愿，金额确定”的简明契约模型，各法域只需按财产或货物的属性去规范它即可。在英美法下，比特币已逐渐被法院视为可执行财产权益，盗窃比特币等同于盗窃有形财物来惩处。伊斯兰世界中，越来越多学者承认比特币具有财产价值，可以作为货币或商品使用，只要不用于赌博等不法用途，即可被视为“清洁”的财富。在迪拜等地，监管机构也探索制定符合沙里亚原则的加密货币监管指南，承认比特币等作为投资和支付工具的地位。这一切说明，比特币的核心设计没有违背人类社会关于契约正当性的根本要求——公平、自愿、透明，以及不伤害无辜第三方的利益。相比之下，许多后来的加密项目试图在隐私、金融工程上“开历史倒车”，结果反而凸显出比特币朴素设计的高明之处：它为维护基本道义预留了空间，通过公开透明防范了极端滥用，用技术手段恢复了契约的确定性和中立性。

历史视角：数字黄金如何推动正和博弈

历史的眼光往往能够校准当下的纷争。在货币演进的长河中，每当权力过度介入导致“恶币驱逐良币”时，人类总会试图寻回更公正稳健的交换媒介。16世纪格雷欣法则（劣币驱逐良币）揭示出，当政府滥铸货币、削减贵金属含量时，真正有价值的硬币（良币）便会被人们藏匿起来，劣币充斥市面yilinhut.netyilinhut.net。但值得深思的是，格雷欣现象并非不可逆的自然规律，而是统治者操控货币所致的扭曲。正如有学者指出的：“劣币驱逐良币并非市场自发，而是‘政府用劣币驱逐良币’的缩影；一旦能够摆脱政府的控制，这一定律就会失效，比特币恰恰旨在让货币摆脱政府控制，让良币重归市场”yilinhut.net。比特币作为现代数字黄金，其出现为全球经济提供了一种从新回归良币的可能。它不隶属于任何单一国家，其价值不依赖特定主权信用背书，而源于全球共识和算力保障的稀缺性。从国际贸易角度看，比特币类似于跨境结算中的黄金或白银——当两个国家缺乏互信或不愿接受对方货币时，完全可以通过比特币这种“中性资产”进行价值锚定交换，从而避开法币汇率波动和政治干预的风险。近年来，一些案例显示，比特币在地缘冲突或关税战背景下扮演了避险工具的角色：有分析指出，由于比特币不受制于特定国家的贸易政策，投资者把它视为对冲关税风险的手段，当贸易争端导致股市下跌时，比特币反倒逆势上涨，展现出独立于国际贸易格局的价值定位nai500.com。这印证了比特币作为“数字黄金”的一个要义：在国家壁垒与货币战争横生的世界里，它提供了一种超脱政治藩篱的价值载体，使得资金能够在更大程度的自由中逐利避险。

更深一层看，比特币蕴含着推动全球从零和博弈走向正和博弈的制度潜能。传统的法币体系常常被国家间博弈所挟持：各国竞相贬值本币以刺激出口、通过货币超发转嫁债务，这种你输我赢的零和心态导致国际金融秩序暗流汹涌。而比特币的兴起为“货币互信”提供了新范式。设想一个场景：若若干主要经济体将比特币纳入储备或结算体系，它们之间反而可能降低竞争性贬值的冲动，因为谁也无法单方面增发比特币来占便宜，大家只有共同维护其价值稳定才有利可图。这种在公开透明规则下的竞争，更接近“正和游戏”，即各方通过合作都能获益，而非此消彼长。有人将比特币视为一种“人类道义契约”，意指它不是某强权逼迫他国接受的货币（如历史上的殖民通货），而是全球无数个体自愿选择的价值共识。它的运行不依赖枪炮和法律强制，而靠的是对规则的信任与技术的确保。可以说，比特币构筑了一个前所未有的“自愿制度”：人人遵守21万块区块的发行上限和去中心化共识，这本身就是人类史上少见的跨文化、跨政治的合作现象。当这种制度逐步深入国际贸易和金融关系，我们有理由期待一个更公平的格局：劣币不再轻易驱逐良币，反而诚实守信的货币会赢得更广泛的使用；国家壁垒不会彻底消弭，但各国将更难通过封锁金融信息来要挟他国或剥夺公民，因为人们手中握有主权无法轻易触及的价值锚。

当然，比特币并非万能良药，它也会经历价格周期波动、面临技术升级挑战。然而，从历史视角出发，它承载的意义堪比现代版的黄金/白银——一种超越民族国家、服务于全球贸易和人类福祉的价值尺度。当年金本位体系在19世纪促进了世界贸易的繁荣，那是因为金银天然具有防范滥发的属性，使各国币值维持相对稳定。而比特币有望在21世纪承担类似的角色：在数字时代为世界提供一个防止无序贬值和信用滥用的“价值中轴”。这不仅是经济议题，更是道义命题。正如卢梭等思想家描述的社会契约，只有当制度建立在自愿与道义基础上，才能实现持久的正和博弈。比特币所体现的，就是这样一种自下而上凝聚的制度工具：它让个人与个人之间、国家与国家之间有机会基于共同利益而非强制权力来协作。一旦“良币”不再总是被逐出市场，人类就可能跳出过去那种劣币横行、以鄙胜良的怪圈，迎来金融领域的道义复归。

结语：拥抱创新契约，重塑监管范式

当下，FATF的出行规则所代表的监管思路与比特币所代表的技术革新，正站在历史的对立面上交锋。一方以安全与主权之名筑墙设限，另一方以中立与自由之实开辟新径。本文从制度批判的角度剖析了出行规则背后的治理逻辑与局限，揭示了过度管制对全球资金与信息流动的系统性压制，也反思了隐私技术在缺乏法理支撑时被滥用的教训。与此形成鲜明对照的是，比特币作为“保守式创新”的范例，展现出通过技术中立与契约确定性来天然抑制犯罪、兼容多元法统的独特优势。历史的回声告诉我们：真正良好的制度应当是使善者获益、恶者难存，其出发点是信任合作而非恐惧防范。

面对这一新旧范式的碰撞，立法者和监管者理应有所醒悟。与其穷尽手段构筑高墙、不惜牺牲公民自由来堵截风险，不如顺应技术发展的大势，拥抱那些内生具有道义契约性质的创新。在反洗钱和金融稳定目标下，监管可以也应该与技术“正和博弈”：鼓励像比特币这样透明中立的系统发挥正面效应，同时针对真正的黑箱匿名工具精确打击；在国际合作中，以开放心态探索新的全球货币协议，避免陷入零和的管制竞赛。只有这样，我们才能既防范“劣币”作乱，又让“良币”留在市井，形成一个既有秩序又有自由的金融生态。比特币之所以令无数持有者怀抱信念，不仅因为其经济价值，更因为其背后蕴含着对更公正更自由的制度可能性的期待。这份期待正在转化为现实的政治倡议，推动立法和监管的变革。在不久的将来，当我们回望今日，或许会发现：正是这一场关于“出行规则”与“数字黄金”的争论，催生出金融治理范式的转折点——让人类第一次有机会以合作共赢的契约，去取代那延续千年的强权博弈。

参考文献：

• FATF. What is the FATF Travel Rule? ComplyAdvantagecomplyadvantage.comcomplyadvantage.com

• TRISA. Recommendations to FATF for Virtual Assets Travel Ruletrisa.iotrisa.io

• E安全. 美国对朝鲜黑客关联加密货币Tornado Cash实施制裁secrss.comsecrss.com

• Rezaul Karim. Stablecoins: The new epicentre of crypto fraud, ICAint-comp.org

• 币圈线人. 凌晨三点的USDT警报：当稳定币变成资本外逃的「数字高速公路」binance.combinance.com

• 最高检. 依法惩治跨境电信网络诈骗及其关联犯罪典型案例spp.gov.cn

• Zoya Finance. Election Betting Markets: Halal or Haram?blog.zoya.finance

• 胡翌霖. 为什么比特币不适用格雷欣法则（劣币驱逐良币）？yilinhut.net

• Reuters. Tether says it has frozen $225 mln linked to human traffickingreuters.comreuters.com

• NAI500财经. 再创历史新高的比特币，究竟是科技股还是“数字黄金”？nai500.com

• Nasdaq. How Cryptocurrency Aligns with Islamic Financenasdaq.comnasdaq.com

@ 9fce3aea:0f9087e6

Hi all,

Thought I'd put together some info here for those who want to come play in our next Rigly / Upendo #BlockParty on June 21.

The prep for this one is a little different, which is why I'm here. Usually, we have hashrate auctions and direct buys up on the site for all plebs. Right now, we don't since we're fixing up the auction experience. It will come back totally anon so you can participate without having to create an account, which is awesome.

For now, the block party is only open to solo miners. Why hook up to our pool prior to the party, you ask? Because if your ASIC (or Bitaxe, or Apollo, or Braiins Mini Miner etc) finds a block, you get 1 BTC and the rest is divvied up by hashrate contributed.

We currently have 80 workers in the pool, check it out: https://solostats.ckpool.org/users/3Gk1GfP3bHA6M2ZzK5mHdqbWN1iNsqAenH

I'd love to get the "Alliance" up to 100 solo miners by Monday, just for funsies, and because I think we can. Each new block party proves to me how fired up everyone is to try and solo mine as a group and stick it to "the man," you know, if that man is MARA, Foundry, AntPool, etc. I just have one question: "Why not us!?" No reason. So LFG!

Here's how to do things:

1. Here's how to hook up your ASIC, or whatever solo mining machine you've got:

Stratum address: solo.ckpool.org:3333 Username: 3Gk1GfP3bHA6M2ZzK5mHdqbWN1iNsqAenH Put your BTC payout address as the workername (important!)

If we mine a block during the party, you will get your share of the reward based on hashrate contribution.

Outside of the party, the miner who finds the block gets 1 BTC and everyone else gets a share of the reward based on hashrate contribution. (Source: https://upendo.rigly.io/learn/upendo)

1. I posted this yesterday on our Rigly Nostr account. What's key here is this is simply a workaround for hashrate purchases. You don't even have to buy from us at Rigly; this will help you send your hashrate to our pool. (We're doing this because we took direct buys down while the devs work on some new things). Whether you buy hashrate on the main Rigly site or elsewhere, here's how to do it:

You can buy hashrate on the main Rigly site (https://rigly.io/direct-sale) and point it to the (Alliance) CKPool address we use.

You can also buy hashrate from anywhere you like and send to our shared escrow address.

Our mining pool info is the same as it is for the #BlockParty:

🟧 Pool Account Username: 3Gk1GfP3bHA6M2ZzK5mHdqbWN1iNsqAenH 🟧 If we find a block, your Rigly order number will be matched to your username!

If you’re buying on Rigly and sending to the Alliance/CKPool address, set this before you buy the hashrate:

Step 1 on Rigly.io: Go to "view my account" Step 2: Go to "hashrate" in left menu Step 3: put your BTC address into the mining pool username Step 4: add mining pool address

(Helpful pic of this in our Nostr post: https://primal.net/e/nevent1qvzqqqqqqypzqh4nl2ld8qq00kxzxlh5khzk7k82zmjf07k5pn7awska6u66qv7dqqs8sk6pxl00ut4t4zhz2y3jc8e4rzakyehfjk9fz6wdw7qm8xq8j6gdffsjy).

Don't forget to add your BTC address after the period in the mining pool username! That lets us know how much hashrate you are contributing and where to pay you out if/when we find a block. 🟧

When you buy hashrate from Rigly for the Solo Alliance, enter the escrow address as username: 3Gk1GfP3bHA6M2ZzK5mHdqbWN1iNsqAenH

This is the kind of stuff we chat about in our galaxy brain Telegram group. Join for tech support and other shenanigans: https://t.me/+AEvub_E_9hNiYzAx

If this is too much, don't worry, auctions and direct buys will return soon. We're just happy to provide a hashrate workaround so we can grow the party, even as we build. 💪

https://stacker.news/items/1004754

@ 69eea734:4ae31ae6

Vor ein paar Tagen stieß ich auf einen faszinierenden Artikel von Michel Bauwens, Mitbegründer der P2PFoundation, mit Links zu weiteren Texten (zum Beispiel über den Puls der Commons), die ich ebenfalls äußerst interessant fand.

Der Artikel zeigt unter anderem, wie unterschiedlich Commons aussehen können, so dass ich ihn heute als Ausgangspunkt nehmen möchte, um ein paar Puzzle-Steine in mein entstehendes Bild der Commons einzufügen.

Das Grundmuster menschlichen Zusammenlebens?

Bauwens betrachtet die Commons aus historischer Sicht, wie sie sich in verschiedenen Zeiten unterschiedlich manifestieren, manchmal gar nahezu verschwinden und heute in wiederum veränderter Form neu entstehen – und plädiert dafür, dass sie noch weit stärker werden sollten.

Er legt zunächst dar, was die Commons sind und was nicht. (zum Beispiel nichts, was vom Staat verwaltet wird, wie ein öffentlicher Park.) Ausschlaggebend ist, dass eine Ressource von ihren Herstellern oder Benutzern selbst betreut wird. Commons entstehen dabei durch Beziehungen. Sie sind etwas spezifisch Menschliches und eine Wahl, die „fast immer“ zur Verfügung steht, so Bauwens. Eine die Geschichte überdauernde menschliche Praxis.

Er nennt drei verschiedene geschichtlichen Entwicklungen:

• Eine lineare - Wie präsentiert sich der Commons über verschiedene, komplexer werdende, Phasen der Menschheitsgeschichte hinweg?
• Eine hin und her schwingendende: In der Geschichte einer Zivilisation werden die Commons in Zeiten von Überfluss -- und daraus resultierender Verschwendung uns steigender Ressourcen-Extraktion -- unterdrückt, konstitutieren sich aber dann als Gegenbewegung wieder neu.
• Eine stufenweise: Die heutigen, mit neuen Möglichkeiten ausgestatteten Formen der Commons könnten in der nächsten Phase unserer Zivilisation (oder nach unserer Zivilisation) eine entscheidende Rolle spielen.

Wenn man verschiedene Arten des Austausches betrachtet (Bauwens beruft sich hierbei auf Alan Fiske), kann man geschichtlich analysieren, welche zu verschiedenen Zeiten vorrangig waren (dies tat Kojin Karatani in The Structure of World History von 2014).

Die vier Muster sind:

• Gemeinschaftliche Beteiligung, Commons (die Gemeinschaft baut mir ein Haus, und ich helfe später bei einem anderen Hausbau mit; ein Beispiel aus neuerer Zeit ist die Entwicklung von Linux)
• Wechselseitiger Austausch (Geschenkökonomie – es wird eine etwa gleichwertige Leistung zu einem späteren Zeitpunkt erwartet)
• Hierarchisch bedingte Verteilung, wie im Feudalismus
• Marktwirtschaft (es gibt ein allgemeines Zahlungsmittel mit einem bestimmten Wert)

Bauwens: „Entscheidend ist jedoch, dass die Menschheit ständig bestrebt ist, Modus A wiederherzustellen, denn die Menschen haben eine kulturelle und wahrscheinlich auch allgemeine Vorliebe für ein geselliges Leben in kleinen, vertrauten Gruppen. Aber menschliche Gruppen versuchen, dies auch auf höheren Komplexitätsebenen zu tun, in einem ständigen Versuch, die extraktive Logik der Zivilisation zu mäßigen.“ (Katarani bezeichnet eine Verbindung von Commoning und Geschenkökonomie in stammesorientierten Kulturen als Modus A)

Commons durch die Zeiten

In der ursprünglichsten Form der Commons in Jäger- und Sammler-Gemeinschaften, werden Nahrung und sonstige Ressourcen mit der ganzen Gemeinschaft geteilt - dies ist zumindest die vorherrschende Form des Austauschs.

Im Zuge der Agrar-Revolution geht es um das gemeinsame Bewirtschaften von Flächen.

Im Mittelalter entwickelt sich in Europa das Feudalsystem. Auch hier werden manche Felder aber noch von den Dorfbewohnern gemeinsam verwaltet.

Ab dem 16. Jahrhundert fanden, am stärksten in England, die Enclosures (auf deutsch Einhegungen) statt. Das heißt, dass Felder zur effizienteren Bewirtschaftung von den Besitzern zusammengelegt und umzäunt wurden.

Besonders im 19. Jahrhundert, mit dem Aufkommen der Industrialisierung, nahm diese Entwicklung immer stärker zu. Die landwirtschaftlichen Commons wurden dadurch weitgehend zerstört.

Im industriellen Kapitalismus, als die Arbeiter kaum Rechte hatten, und es auch um das bloße Überleben ging, entwickelte sich ein sozialer Commons Dieser bestand darin, dass sich die Arbeiter gegenseitig halfen und sich gegenseitig versicherten. Aus dieser Bewegung entstand dann der Sozialstaat. Der Staat übernahm also Aufgaben, die die Menschen zuvor füreinander geleistet hatten.

Man könnte daher sagen, dass im Kapitalismus die natürlichen Commons-Ressourcen privatisiert und die sozialen Commons verstaatlicht wurden.

In der Moderne waren sich viele Menschen der Bedeutung von Commons gar nicht mehr bewusst.

Mit dem Internet, dem World Wide Web und weiteren digitalen Techniken erschlossen sich dann neue Möglichkeiten. Mit Peer Production, Open Source Software, sowie den Creative Commons Lizenzen, enstand eine neue Inkarnation der Commons. Und damit ist die Entwicklung noch nicht abgeschlossen...

Warum Commons nicht in ein Links-Rechts-Schema passen

Mit seinem Streifzug durch die Geschichte zeigt Bauwens, wie vielfältig die Commons sein können, und warum ihnen in der heutigen Zeit eine starke Rolle zukommen sollte. Nebenbei ergibt sich für mich auch, dass sie jenseits von linker oder rechter Ideologie liegen. Hierzu eine kurze Zwischenbetrachtung von mir:

Weil es um kollektives Handeln geht, und auch wegen des Namens („hört sich an wie Kommunismus“, meinte meine Mutter), entsteht leicht der Eindruck, es handele sich um ein besonders linksgerichtetes Phänomen.

Eine gut eingespielte Fußballmannschaft agiert auch als Kollektiv. Der Verein verwaltet vielleicht ein Clubhaus. Wohl kaum jemand würde deswegen den Verein als links bezeichnen.

Freilich sind die Mitglieder heutiger Commons-Bewegungen vorwiegend „progressiv“, zuweilen auf eine rigide Weise. Bauwens hat damit schon eine leidvolle Erfahrung gemacht. Aber Commons als soziales System sind es nicht. Dafür spricht allein schon die Tatsache, dass es sie viel länger gibt als die politische Links-Rechts-Einteilung.

Eine starke Rolle für die Commons

Wie steht es um die Commons heute? Das werde ich in weiteren Artikeln noch versuchen zu beleuchten...

Michel Bauwens hat in seinen Artikeln noch Einiges dazu sagen. Inbesondere beführwortet er das Kosmo-Lokale (Cosmo-Local). Was leicht ist (Wissen) wird geteilt, was Gewicht hat (etwa landwirtschaftliche und andere Produktion), wird an lokale Gegebenheiten angepasst und vor Ort bewerkstelligt.

Und das Zusammenspiel von Digitalem und Materiellem verspricht weitere Möglichkeiten.

In jedem Fall haben die Commons eine ausgleichende, regenerierende Kraft, die wir aufgrund der heutigen vielen Kriesen gar nicht ungenützt lassen können, ganz unabhängig von unserer sozialer Ebene - das gilt auch für die Superreichen.

@ 6a6be47b:3e74e3e1

Hi frens! 🌝

🎨Today I painted a full moon, and it got me thinking about how special June’s full moon is. You might have heard it called the “Strawberry Moon” —but that’s not because of its color! According to the Old Farmer’s Almanac, it’s called like that because it's “when the strawberry harvest took place.” 🍓

Fun fact:

“A Moon usually appears reddish when it’s close to the horizon because the light rays must pass through the densest layers of the atmosphere.”


From almanac.com

In Europe, June’s full moon has also been called the “Rose Moon” or even the “Honey Moon,” since it’s the time of the first honey harvest.

According to UK archaeologist and historian Jennifer Wexler in Sky At Night Magazine this year’s Strawberry Moon is extra special because it’s part of a “major lunar standstill,” or lunistice—a rare event that only happens every 18.6 years! During this period, the moon’s path across the sky reaches its most extreme points, making moonrises and moonsets appear unusually far apart. After 2025, we won’t see a standstill like this again until 2043, so this is a once-in-a-generation chance to catch the lowest full moon.

But what is a full moon, anyway?

“A full moon rises around sunset and sets around sunrise. The Moon will appear full for a couple of days.”


From science.nasa.gov

Here’s my watercolor painting of the full moon. I love how magical it looks—there’s something mysterious and humbling about it, and it’s just mesmerizing to catch it (almost) every night in the sky.

💭 Were you able to see the Strawberry Moon this year? I’d love to hear about it!

See you soon, frens.

Godspeed! 🌕

https://stacker.news/items/1004621

@ 9ca447d2:fbf5a36d

BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) to ever reach $70 billion in assets under management (AUM).

The fund, which launched in January 2024, hit this milestone in just 341 trading days—five times faster than the previous record-holder, the SPDR Gold Shares ETF (GLD), which took 1,691 days to reach the same mark.

IBIT now holds over 662,000 BTC — iShares

Bloomberg ETF analyst Eric Balchunas tweeted on June 9, “IBIT just blew through $70 billion and is now the fastest ETF to ever hit that mark in only 341 days.” This is a big deal and shows bitcoin is going mainstream.

IBIT has beaten fastest growing ETFs in history — Eric Balchunas on X

The fund’s rapid growth means institutional investors are embracing bitcoin at scale.

The fund has $71.9 billion in AUM and holds over 662,000 bitcoin. This makes BlackRock the largest institutional bitcoin holder in the world. To put that in perspective, the fund holds more bitcoin than Binance or Michael Saylor’s Strategy.

“IBIT’s growth is unprecedented,” said Bloomberg analyst James Seyffart. “It’s the fastest ETF to reach most milestones, faster than any other ETF in any asset class.”

BlackRock’s bitcoin ETF isn’t just big. It’s also greatly outperforming other spot bitcoin ETFs launched at the same time. BlackRock’s brand and global client base gave the fund instant credibility.

Many institutional investors want a regulated and convenient way to get into bitcoin without holding the asset directly, and this fund has made it easy for them to invest.

Robert Mitchnick, BlackRock’s head of digital assets, told Yahoo Finance that bitcoin’s rising status as an inflation hedge and alternative store of value is driving IBIT’s popularity.

He explained bitcoin is becoming an inflation hedge and alternative store of value and that’s what’s driving the growth.

Eric Balchunas also noted that when BlackRock filed for IBIT, bitcoin was at $30,000 and there was still skepticism after the FTX blowup. Now that bitcoin is at $110,000, it is “seen as legitimate for other big investors.”

Institutional demand for bitcoin has never been stronger, with IBIT making up nearly 20% of all bitcoin held by public companies, private firms, governments, exchanges and decentralized finance platforms.

That dominance may soon be challenged as public companies prepare to buy more bitcoin and shake up the current supply distribution.

Matthew Sigel, VanEck’s head of digital assets research, shared data that six public companies plan to raise, or have raised, up to $76 billion to buy bitcoin. That’s more than half of the spot Bitcoin ETF industry’s current AUM, so there’s clearly interest beyond ETFs.

On the broader market, IBIT’s rise coincided with bitcoin’s price surge to new highs above $110,000. The inflows reflect investors’ confidence in Bitcoin’s future and desire for regulated exposure through traditional products.

It’s worth mentioning that IBIT also had over $1 billion in volume on its first day of trading. It’s now the largest ETF in BlackRock’s lineup, even bigger than gold funds and other popular ETFs tracking international equities.

@ 4c96d763:80c3ee30

Changes

Daniel D’Aquino (1):

• nostrdb: Fix heap buffer overflow

William Casarin (17):

• win: fix build on windows
• ndb: add note-relays command
• note: always write relay index
• relay-index: fix a few bugs
• debug: add a print for debugging rust integration
• relay: fix race condition bug
• relay: fix potential relay index corruption
• Relay queries
• query: implement author_kind query plan
• fix build on macos
• query: implement profile search query plans
• filter: add initial custom filtering logic
• test: fix custom filter test
• ndb: add --id queries
• eq: fix fallthrough bug
• change <=10 author search queries to ==1
• cleanup previous patch

pushed to nostrdb:refs/heads/master