@ a8d1560d:3fec7a08

THIS IS IMPORTANT!!!

After the wave of word-scrambling spam bots, a new and very problematic kind of spam has arrived in the Nostr. Whenever you post something now, you will get gay porn videos as an automated answer (No, being gay itself is not problematic!!!). To get rid of all the automated spam, remove the following relays from your inbox and outbox relay list: - nos.lol - relay.damus.io - nostr.oxtr.dev - relay.primal.net

As long as you have even one of these relays in your inbox and outbox lists, you and your followers will be spammed whenever posting something.

It is unknown if the bots only reply to kind 1 events or to all events.

@ 7f6db517:a4931eda

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

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

— ODELL (@ODELL) October 27, 2022

The Basics

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

There is no 'Lightning Network'

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

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

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

Lightning in Practice

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

Sovereign Lightning

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

The Potential Fracture of Lightning

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

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

Summary

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

---

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

---

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

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

• Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
• Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
• Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
• Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
• Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
• Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.

• Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged .deb installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

• Added Recent Blocks view to Send tab.
• Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
• Support send and display of pay to anchor (P2A) outputs.
• Renamed sparrow package to sparrowwallet and sparrowserver on Linux.
• Switched camera library to openpnp-capture.
• Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
• Support camera zoom with mouse scroll where possible.
• In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
• Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
• In Cormorant, avoid calling the listwalletdir RPC on initialization due to a potentially slow response on Windows.
• Avoid server address resolution for public servers.
• Assume server address is non local for resolution failures where a proxy is configured.
• Added a tooltip to indicate truncated labels in table cells.
• Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
• Improved tooltips for wallet tabs and transaction diagrams with long labels.
• Show the address where available on input and output tooltips in transaction tab tree.
• Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
• Reset preferred table column widths on adjustment to improve handling after window resizing.
• Added accessible text to improve screen reader navigation on seed entry.
• Made Wallet Summary table grow horizontally with dialog sizing.
• Reduced tooltip show delay to 200ms.
• Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
• Optimized and reduced Electrum server RPC calls.
• Upgraded Bouncy Castle, PGPainless and Logback libraries.
• Upgraded internal Tor to v0.4.8.16.
• Bug fix: Fixed issue with random ordering of keystore origins on labels import.
• Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
• Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
• Bug fix: Fixed inclusion of fees on wallet label exports.
• Bug fix: Increase Trezor device libusb timeout.

Linux users: Note that the sparrow package has been renamed to sparrowwallet or sparrowserver, and in some cases you may need to manually uninstall the original sparrow package. Look in the /opt folder to ensure you have the new name, and the original is removed.

What's new in v2.2.1

• Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
• Repackaged .deb installs to use older gzip instead of zstd compression.
• Removed display of median fee rate where fee rates source is set to Server.
• Added icons for external sources in Settings and Recent Blocks view
• Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
• Bug fix: Fixed NPE on null fee returned from server

Announcement / Archive
GitHub Repo

@ 472f440f:5669301e

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

---

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...

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/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ 39cc53c9:27168656

Read the original blog post

Know Your Customer is a regulation that requires companies of all sizes to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. Such procedures fit within the broader scope of anti-money laundering (AML) and counterterrorism financing (CTF) regulations.

Banks, exchanges, online business, mail providers, domain registrars... Everyone wants to know who you are before you can even opt for their service. Your personal information is flowing around the internet in the hands of "god-knows-who" and secured by "trust-me-bro military-grade encryption". Once your account is linked to your personal (and verified) identity, tracking you is just as easy as keeping logs on all these platforms.

Rights for Illusions

KYC processes aim to combat terrorist financing, money laundering, and other illicit activities. On the surface, KYC seems like a commendable initiative. I mean, who wouldn't want to halt terrorists and criminals in their tracks?

The logic behind KYC is: "If we mandate every financial service provider to identify their users, it becomes easier to pinpoint and apprehend the malicious actors."

However, terrorists and criminals are not precisely lining up to be identified. They're crafty. They may adopt false identities or find alternative strategies to continue their operations. Far from being outwitted, many times they're several steps ahead of regulations. Realistically, KYC might deter a small fraction – let's say about 1% ^1 – of these malefactors. Yet, the cost? All of us are saddled with the inconvenient process of identification just to use a service.

Under the rhetoric of "ensuring our safety", governments and institutions enact regulations that seem more out of a dystopian novel, gradually taking away our right to privacy.

To illustrate, consider a city where the mayor has rolled out facial recognition cameras in every nook and cranny. A band of criminals, intent on robbing a local store, rolls in with a stolen car, their faces obscured by masks and their bodies cloaked in all-black clothes. Once they've committed the crime and exited the city's boundaries, they switch vehicles and clothes out of the cameras' watchful eyes. The high-tech surveillance? It didn’t manage to identify or trace them. Yet, for every law-abiding citizen who merely wants to drive through the city or do some shopping, their movements and identities are constantly logged. The irony? This invasive tracking impacts all of us, just to catch the 1% ^1 of less-than-careful criminals.

KYC? Not you.

KYC creates barriers to participation in normal economic activity, to supposedly stop criminals. ^2

KYC puts barriers between many users and businesses. One of these comes from the fact that the process often requires multiple forms of identification, proof of address, and sometimes even financial records. For individuals in areas with poor record-keeping, non-recognized legal documents, or those who are unbanked, homeless or transient, obtaining these documents can be challenging, if not impossible.

For people who are not skilled with technology or just don't have access to it, there's also a barrier since KYC procedures are mostly online, leaving them inadvertently excluded.

Another barrier goes for the casual or one-time user, where they might not see the value in undergoing a rigorous KYC process, and these requirements can deter them from using the service altogether.

It also wipes some businesses out of the equation, since for smaller businesses, the costs associated with complying with KYC norms—from the actual process of gathering and submitting documents to potential delays in operations—can be prohibitive in economical and/or technical terms.

You're not welcome

Imagine a swanky new club in town with a strict "members only" sign. You hear the music, you see the lights, and you want in. You step up, ready to join, but suddenly there's a long list of criteria you must meet. After some time, you are finally checking all the boxes. But then the club rejects your membership with no clear reason why. You just weren't accepted. Frustrating, right?

This club scenario isn't too different from the fact that KYC is being used by many businesses as a convenient gatekeeping tool. A perfect excuse based on a "legal" procedure they are obliged to.

Even some exchanges may randomly use this to freeze and block funds from users, claiming these were "flagged" by a cryptic system that inspects the transactions. You are left hostage to their arbitrary decision to let you successfully pass the KYC procedure. If you choose to sidestep their invasive process, they might just hold onto your funds indefinitely.

Your identity has been stolen

KYC data has been found to be for sale on many dark net markets^3. Exchanges may have leaks or hacks, and such leaks contain very sensitive data. We're talking about the full monty: passport or ID scans, proof of address, and even those awkward selfies where you're holding up your ID next to your face. All this data is being left to the mercy of the (mostly) "trust-me-bro" security systems of such companies. Quite scary, isn't it?

As cheap as $10 for 100 documents, with discounts applying for those who buy in bulk, the personal identities of innocent users who passed KYC procedures are for sale. ^3

In short, if you have ever passed the KYC/AML process of a crypto exchange, your privacy is at risk of being compromised, or it might even have already been compromised.

(they) Know Your Coins

You may already know that Bitcoin and most cryptocurrencies have a transparent public blockchain, meaning that all data is shown unencrypted for everyone to see and recorded forever. If you link an address you own to your identity through KYC, for example, by sending an amount from a KYC exchange to it, your Bitcoin is no longer pseudonymous and can then be traced.

If, for instance, you send Bitcoin from such an identified address to another KYC'ed address (say, from a friend), everyone having access to that address-identity link information (exchanges, governments, hackers, etc.) will be able to associate that transaction and know who you are transacting with.

Conclusions

To sum up, KYC does not protect individuals; rather, it's a threat to our privacy, freedom, security and integrity. Sensible information flowing through the internet is thrown into chaos by dubious security measures. It puts borders between many potential customers and businesses, and it helps governments and companies track innocent users. That's the chaos KYC has stirred.

The criminals are using stolen identities from companies that gathered them thanks to these very same regulations that were supposed to combat them. Criminals always know how to circumvent such regulations. In the end, normal people are the most affected by these policies.

The threat that KYC poses to individuals in terms of privacy, security and freedom is not to be neglected. And if we don’t start challenging these systems and questioning their efficacy, we are just one step closer to the dystopian future that is now foreseeable.

Edited 20/03/2024 * Add reference to the 1% statement on Rights for Illusions section to an article where Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity ^1

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ 39cc53c9:27168656

Read the original blog post

“The future is there... staring back at us. Trying to make sense of the fiction we will have become.” — William Gibson.

This month is the 4th anniversary of kycnot.me. Thank you for being here.

Fifteen years ago, Satoshi Nakamoto introduced Bitcoin, a peer-to-peer electronic cash system: a decentralized currency free from government and institutional control. Nakamoto's whitepaper showed a vision for a financial system based on trustless transactions, secured by cryptography. Some time forward and KYC (Know Your Customer), AML (Anti-Money Laundering), and CTF (Counter-Terrorism Financing) regulations started to come into play.

What a paradox: to engage with a system designed for decentralization, privacy, and independence, we are forced to give away our personal details. Using Bitcoin in the economy requires revealing your identity, not just to the party you interact with, but also to third parties who must track and report the interaction. You are forced to give sensitive data to entities you don't, can't, and shouldn't trust. Information can never be kept 100% safe; there's always a risk. Information is power, who knows about you has control over you.

Information asymmetry creates imbalances of power. When entities have detailed knowledge about individuals, they can manipulate, influence, or exploit this information to their advantage. The accumulation of personal data by corporations and governments enables extensive surveillances.

Such practices, moreover, exclude individuals from traditional economic systems if their documentation doesn't meet arbitrary standards, reinforcing a dystopian divide. Small businesses are similarly burdened by the costs of implementing these regulations, hindering free market competition^1:

How will they keep this information safe? Why do they need my identity? Why do they force businesses to enforce such regulations? It's always for your safety, to protect you from the "bad". Your life is perpetually in danger: terrorists, money launderers, villains... so the government steps in to save us.

‟Hush now, baby, baby, don't you cry Mamma's gonna make all of your nightmares come true Mamma's gonna put all of her fears into you Mamma's gonna keep you right here, under her wing She won't let you fly, but she might let you sing Mamma's gonna keep baby cosy and warm” — Mother, Pink Floyd

We must resist any attack on our privacy and freedom. To do this, we must collaborate.

If you have a service, refuse to ask for KYC; find a way. Accept cryptocurrencies like Bitcoin and Monero. Commit to circular economies. Remove the need to go through the FIAT system. People need fiat money to use most services, but we can change that.

If you're a user, donate to and prefer using services that accept such currencies. Encourage your friends to accept cryptocurrencies as well. Boycott FIAT system to the greatest extent you possibly can.

This may sound utopian, but it can be achieved. This movement can't be stopped. Go kick the hornet's nest.

“We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.” — Eric Hughes, A Cypherpunk's Manifesto

The anniversary

Four years ago, I began exploring ways to use crypto without KYC. I bookmarked a few favorite services and thought sharing them to the world might be useful. That was the first version of kycnot.me — a simple list of about 15 services. Since then, I've added services, rewritten it three times, and improved it to what it is now.

kycnot.me has remained 100% independent and 100% open source^2 all these years. I've received offers to buy the site, all of which I have declined and will continue to decline. It has been DDoS attacked many times, but we made it through. I have also rewritten the whole site almost once per year (three times in four years).

The code and scoring algorithm are open source (contributions are welcome) and I can't arbitrarly change a service's score without adding or removing attributes, making any arbitrary alterations obvious if they were fake. You can even see the score summary for any service's score.

I'm a one-person team, dedicating my free time to this project. I hope to keep doing so for many more years. Again, thank you for being part of this.

@ 39cc53c9:27168656

Read the original blog post

Know Your Customer is a regulation that requires companies of all sizes to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. Such procedures fit within the broader scope of anti-money laundering (AML) and counterterrorism financing (CTF) regulations.

Banks, exchanges, online business, mail providers, domain registrars... Everyone wants to know who you are before you can even opt for their service. Your personal information is flowing around the internet in the hands of "god-knows-who" and secured by "trust-me-bro military-grade encryption". Once your account is linked to your personal (and verified) identity, tracking you is just as easy as keeping logs on all these platforms.

Rights for Illusions

KYC processes aim to combat terrorist financing, money laundering, and other illicit activities. On the surface, KYC seems like a commendable initiative. I mean, who wouldn't want to halt terrorists and criminals in their tracks?

The logic behind KYC is: "If we mandate every financial service provider to identify their users, it becomes easier to pinpoint and apprehend the malicious actors."

However, terrorists and criminals are not precisely lining up to be identified. They're crafty. They may adopt false identities or find alternative strategies to continue their operations. Far from being outwitted, many times they're several steps ahead of regulations. Realistically, KYC might deter a small fraction – let's say about 1% ^1 – of these malefactors. Yet, the cost? All of us are saddled with the inconvenient process of identification just to use a service.

Under the rhetoric of "ensuring our safety", governments and institutions enact regulations that seem more out of a dystopian novel, gradually taking away our right to privacy.

To illustrate, consider a city where the mayor has rolled out facial recognition cameras in every nook and cranny. A band of criminals, intent on robbing a local store, rolls in with a stolen car, their faces obscured by masks and their bodies cloaked in all-black clothes. Once they've committed the crime and exited the city's boundaries, they switch vehicles and clothes out of the cameras' watchful eyes. The high-tech surveillance? It didn’t manage to identify or trace them. Yet, for every law-abiding citizen who merely wants to drive through the city or do some shopping, their movements and identities are constantly logged. The irony? This invasive tracking impacts all of us, just to catch the 1% ^1 of less-than-careful criminals.

KYC? Not you.

KYC creates barriers to participation in normal economic activity, to supposedly stop criminals. ^2

KYC puts barriers between many users and businesses. One of these comes from the fact that the process often requires multiple forms of identification, proof of address, and sometimes even financial records. For individuals in areas with poor record-keeping, non-recognized legal documents, or those who are unbanked, homeless or transient, obtaining these documents can be challenging, if not impossible.

For people who are not skilled with technology or just don't have access to it, there's also a barrier since KYC procedures are mostly online, leaving them inadvertently excluded.

Another barrier goes for the casual or one-time user, where they might not see the value in undergoing a rigorous KYC process, and these requirements can deter them from using the service altogether.

It also wipes some businesses out of the equation, since for smaller businesses, the costs associated with complying with KYC norms—from the actual process of gathering and submitting documents to potential delays in operations—can be prohibitive in economical and/or technical terms.

You're not welcome

Imagine a swanky new club in town with a strict "members only" sign. You hear the music, you see the lights, and you want in. You step up, ready to join, but suddenly there's a long list of criteria you must meet. After some time, you are finally checking all the boxes. But then the club rejects your membership with no clear reason why. You just weren't accepted. Frustrating, right?

This club scenario isn't too different from the fact that KYC is being used by many businesses as a convenient gatekeeping tool. A perfect excuse based on a "legal" procedure they are obliged to.

Even some exchanges may randomly use this to freeze and block funds from users, claiming these were "flagged" by a cryptic system that inspects the transactions. You are left hostage to their arbitrary decision to let you successfully pass the KYC procedure. If you choose to sidestep their invasive process, they might just hold onto your funds indefinitely.

Your identity has been stolen

KYC data has been found to be for sale on many dark net markets^3. Exchanges may have leaks or hacks, and such leaks contain very sensitive data. We're talking about the full monty: passport or ID scans, proof of address, and even those awkward selfies where you're holding up your ID next to your face. All this data is being left to the mercy of the (mostly) "trust-me-bro" security systems of such companies. Quite scary, isn't it?

As cheap as $10 for 100 documents, with discounts applying for those who buy in bulk, the personal identities of innocent users who passed KYC procedures are for sale. ^3

In short, if you have ever passed the KYC/AML process of a crypto exchange, your privacy is at risk of being compromised, or it might even have already been compromised.

(they) Know Your Coins

You may already know that Bitcoin and most cryptocurrencies have a transparent public blockchain, meaning that all data is shown unencrypted for everyone to see and recorded forever. If you link an address you own to your identity through KYC, for example, by sending an amount from a KYC exchange to it, your Bitcoin is no longer pseudonymous and can then be traced.

If, for instance, you send Bitcoin from such an identified address to another KYC'ed address (say, from a friend), everyone having access to that address-identity link information (exchanges, governments, hackers, etc.) will be able to associate that transaction and know who you are transacting with.

Conclusions

To sum up, KYC does not protect individuals; rather, it's a threat to our privacy, freedom, security and integrity. Sensible information flowing through the internet is thrown into chaos by dubious security measures. It puts borders between many potential customers and businesses, and it helps governments and companies track innocent users. That's the chaos KYC has stirred.

The criminals are using stolen identities from companies that gathered them thanks to these very same regulations that were supposed to combat them. Criminals always know how to circumvent such regulations. In the end, normal people are the most affected by these policies.

The threat that KYC poses to individuals in terms of privacy, security and freedom is not to be neglected. And if we don’t start challenging these systems and questioning their efficacy, we are just one step closer to the dystopian future that is now foreseeable.

Edited 20/03/2024 * Add reference to the 1% statement on Rights for Illusions section to an article where Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity ^1

@ 39cc53c9:27168656

Read the original blog post

The new website is finally live! I put in a lot of hard work over the past months on it. I'm proud to say that it's out now and it looks pretty cool, at least to me!

Why rewrite it all?

The old kycnot.me site was built using Python with Flask about two years ago. Since then, I've gained a lot more experience with Golang and coding in general. Trying to update that old codebase, which had a lot of design flaws, would have been a bad idea. It would have been like building on an unstable foundation.

That's why I made the decision to rewrite the entire application. Initially, I chose to use SvelteKit with JavaScript. I did manage to create a stable site that looked similar to the new one, but it required Jav aScript to work. As I kept coding, I started feeling like I was repeating "the Python mistake". I was writing the app in a language I wasn't very familiar with (just like when I was learning Python at that mom ent), and I wasn't happy with the code. It felt like spaghetti code all the time.

So, I made a complete U-turn and started over, this time using Golang. While I'm not as proficient in Golang as I am in Python now, I find it to be a very enjoyable language to code with. Most aof my recent pr ojects have been written in Golang, and I'm getting the hang of it. I tried to make the best decisions I could and structure the code as well as possible. Of course, there's still room for improvement, which I'll address in future updates.

Now I have a more maintainable website that can scale much better. It uses a real database instead of a JSON file like the old site, and I can add many more features. Since I chose to go with Golang, I mad e the "tradeoff" of not using JavaScript at all, so all the rendering load falls on the server. But I believe it's a tradeoff that's worth it.

What's new

• UI/UX - I've designed a new logo and color palette for kycnot.me. I think it looks pretty cool and cypherpunk. I am not a graphic designer, but I think I did a decent work and I put a lot of thinking on it to make it pleasant!
• Point system - The new point system provides more detailed information about the listings, and can be expanded to cover additional features across all services. Anyone can request a new point!
• ToS Scrapper: I've implemented a powerful automated terms-of-service scrapper that collects all the ToS pages from the listings. It saves you from the hassle of reading the ToS by listing the lines that are suspiciously related to KYC/AML practices. This is still in development and it will improve for sure, but it works pretty fine right now!
• Search bar - The new search bar allows you to easily filter services. It performs a full-text search on the Title, Description, Category, and Tags of all the services. Looking for VPN services? Just search for "vpn"!
• Transparency - To be more transparent, all discussions about services now take place publicly on GitLab. I won't be answering any e-mails (an auto-reply will prompt to write to the corresponding Gitlab issue). This ensures that all service-related matters are publicly accessible and recorded. Additionally, there's a real-time audits page that displays database changes.
• Listing Requests - I have upgraded the request system. The new form allows you to directly request services or points without any extra steps. In the future, I plan to enable requests for specific changes to parts of the website.
• Lightweight and fast - The new site is lighter and faster than its predecessor!
• Tor and I2P - At last! kycnot.me is now officially on Tor and I2P!

How?

This rewrite has been a labor of love, in the end, I've been working on this for more than 3 months now. I don't have a team, so I work by myself on my free time, but I find great joy in helping people on their private journey with cryptocurrencies. Making it easier for individuals to use cryptocurrencies without KYC is a goal I am proud of!

If you appreciate my work, you can support me through the methods listed here. Alternatively, feel free to send me an email with a kind message!

Technical details

All the code is written in Golang, the website makes use of the chi router for the routing part. I also make use of BigCache for caching database requests. There is 0 JavaScript, so all the rendering load falls on the server, this means it needed to be efficient enough to not drawn with a few users since the old site was reporting about 2M requests per month on average (note that this are not unique users).

The database is running with mariadb, using gorm as the ORM. This is more than enough for this project. I started working with an sqlite database, but I ended up migrating to mariadb since it works better with JSON.

The scraper is using chromedp combined with a series of keywords, regex and other logic. It runs every 24h and scraps all the services. You can find the scraper code here.

The frontend is written using Golang Templates for the HTML, and TailwindCSS plus DaisyUI for the CSS classes framework. I also use some plain CSS, but it's minimal.

The requests forms is the only part of the project that requires JavaScript to be enabled. It is needed for parsing some from fields that are a bit complex and for the "captcha", which is a simple Proof of Work that runs on your browser, destinated to avoid spam. For this, I use mCaptcha.

@ a396e36e:ec991f1c

🎯 The Invisible Hands Behind Bitcoin: How Market Makers Quietly Control the Price If you’ve ever looked at the Bitcoin chart and thought, “This makes no sense” — you’re right. What looks like chaos is often orchestrated. While the crypto world celebrates decentralization and “free markets,” the reality is murkier. Behind many of Bitcoin’s wild swings are market makers, whales, and even exchanges themselves, subtly (or not so subtly) steering the price.

This isn’t a conspiracy theory. It’s a pattern. And it’s been happening for over a decade.

🧰 Classic Manipulation Tactics Let’s start with the usual suspects:

Spoofing: Fake buy or sell orders create false demand or panic. In 2017, an anonymous whale nicknamed Spoofy manipulated Bitfinex’s order books with massive spoof orders. No one knows who he was — but traders tracked his behavior for months.

Wash Trading: Exchanges faking volume by buying and selling to themselves. Bitwise reported in 2019 that 95% of crypto trading volume was fake. Yes, 95%.

Pump-and-Dump Schemes: Coordinated social hype, then a rug pull. Still common in altcoins, but BTC isn't immune.

Bear Raids: Dumping thousands of BTC to trigger cascading liquidations. In 2019, one 5,000 BTC market sell on Bitstamp led to $250M in liquidations on BitMEX.

Front-Running: Exchanges or insiders trading ahead of big orders — an invisible tax on every retail move.

🕳️ Down the Rabbit Hole: Advanced and Hidden Tactics What you don’t see is even worse.

Stop-Loss Hunting: Price pushed to obvious stop zones, liquidating small traders, then bouncing.

Long/Short Squeezes: Whales deliberately cause liquidation cascades by leveraging market structure.

Cross-Exchange Price Engineering: Manipulate BTC price on a small exchange that affects global indices.

Fake News & FUD Campaigns: Twitter rumors. Telegram raids. Even fake press releases.

Exchange Collusion or Insider Trading: Who polices the exchanges when they are the ones trading?

🐳 Case Studies That Should Scare You Mt. Gox Bots (2013): “Willy” and “Markus” bought BTC with fake money. Pushed price from $150 to $1,000.

Tether & Bitfinex (2017): Academic research shows newly printed USDT was used systematically to buy dips — possibly inflating BTC’s rally to $20k.

Upbit (Korea): Prosecuted for $226B in fake trades.

Operation Token Mirrors (2024): FBI sting revealed market makers offering wash-trading and pump services as a business.

🧠 This Isn’t Just Theory — Regulators Know It Too The SEC refused to approve a spot BTC ETF for years, citing manipulation risk.

The CFTC and DOJ have brought spoofing and wash trading cases — and are still investigating.

The EU’s MiCA law now treats crypto market abuse the same as securities fraud.

💣 And Retail? You're the Exit Liquidity While whales dump, retail buys the dip.

In both the Terra-LUNA crash (May 2022) and FTX collapse (Nov 2022), blockchain data showed whales exiting while small holders were buying. The net result? Whales got out. You got rekt.

Bitcoin’s volatility isn’t just “the market doing its thing.” Often, it’s someone making you believe it’s safe — until it isn’t.

🔍 The Good News: It’s Getting Harder to Hide Nasdaq’s SMARTS surveillance system is now used by major exchanges.

Proof-of-Reserves audits are more common post-FTX.

Whale alerts and on-chain tools let savvy traders track big moves.

EU regulations (MiCA) now criminalize manipulation across Europe.

But until enforcement is global and airtight, Bitcoin remains manipulable. The game is still tilted — and the house usually wins.

🧭 Final Thought: Don’t Be Naïve Bitcoin is powerful. It’s freedom tech. But its price is not pure. It’s not just a function of adoption and demand. It’s shaped, poked, prodded, and occasionally hijacked by entities with deeper pockets, faster bots, and better information than you.

Until transparency, regulation, and decentralization catch up, every trader should assume one thing:

The market is rigged — but sometimes you can still play the game.

@ 39cc53c9:27168656

Read the original blog post

Bitcoin enthusiasts frequently and correctly remark how much value it adds to Bitcoin not to have a face, a leader, or a central authority behind it. This particularity means there isn't a single person to exert control over, or a single human point of failure who could become corrupt or harmful to the project.

Because of this, it is said that no other coin can be equally valuable as Bitcoin in terms of decentralization and trustworthiness. Bitcoin is unique not just for being first, but also because of how the events behind its inception developed. This implies that, from Bitcoin onwards, any coin created would have been created by someone, consequently having an authority behind it. For this and some other reasons, some people refer to Bitcoin as "The Immaculate Conception".

While other coins may have their own unique features and advantages, they may not be able to replicate Bitcoin's community-driven nature. However, one other cryptocurrency shares a similar story of mystery behind its creation: Monero.

History of Monero

Bytecoin and CryptoNote

In March 2014, a Bitcointalk thread titled "Bytecoin. Secure, private, untraceable since 2012" was initiated by a user under the nickname "DStrange"^1^. DStrange presented Bytecoin (BCN) as a unique cryptocurrency, in operation since July 2012. Unlike Bitcoin, it employed a new algorithm known as CryptoNote.

DStrange apparently stumbled upon the Bytecoin website by chance while mining a dying bitcoin fork, and decided to create a thread on Bitcointalk^1^. This sparked curiosity among some users, who wondered how could Bytecoin remain unnoticed since its alleged launch in 2012 until then^2^.

Some time after, a user brought up the "CryptoNote v2.0" whitepaper for the first time, underlining its innovative features^4^. Authored by the pseudonymous Nicolas van Saberhagen in October 2013, the CryptoNote v2 whitepaper^5^ highlighted the traceability and privacy problems in Bitcoin. Saberhagen argued that these flaws could not be quickly fixed, suggesting it would be more efficient to start a new project rather than trying to patch the original^5^, an statement simmilar to the one from Satoshi Nakamoto^6^.

Checking with Saberhagen's digital signature, the release date of the whitepaper seemed correct, which would mean that Cryptonote (v1) was created in 2012^7^, although there's an important detail: "Signing time is from the clock on the signer's computer" ^9^.

Moreover, the whitepaper v1 contains a footnote link to a Bitcointalk post dated May 5, 2013^10^, making it impossible for the whitepaper to have been signed and released on December 12, 2012.

As the narrative developed, users discovered that a significant 80% portion of Bytecoin had been pre-mined^11^ and blockchain dates seemed to be faked to make it look like it had been operating since 2012, leading to controversy surrounding the project.

The origins of CryptoNote and Bytecoin remain mysterious, leaving suspicions of a possible scam attempt, although the whitepaper had a good amount of work and thought on it.

The fork

In April 2014, the Bitcointalk user thankful_for_today, who had also participated in the Bytecoin thread^12^, announced plans to launch a Bytecoin fork named Bitmonero^13^.

The primary motivation behind this fork was "Because there is a number of technical and marketing issues I wanted to do differently. And also because I like ideas and technology and I want it to succeed"^14^. This time Bitmonero did things different from Bytecoin: there was no premine or instamine, and no portion of the block reward went to development.

However, thankful_for_today proposed controversial changes that the community disagreed with. Johnny Mnemonic relates the events surrounding Bitmonero and thankful_for_today in a Bitcointalk comment^15^:

When thankful_for_today launched BitMonero [...] he ignored everything that was discussed and just did what he wanted. The block reward was considerably steeper than what everyone was expecting. He also moved forward with 1-minute block times despite everyone's concerns about the increase of orphan blocks. He also didn't address the tail emission concern that should've (in my opinion) been in the code at launch time. Basically, he messed everything up. Then, he disappeared.

After disappearing for a while, thankful_for_today returned to find that the community had taken over the project. Johnny Mnemonic continues:

I, and others, started working on new forks that were closer to what everyone else was hoping for. [...] it was decided that the BitMonero project should just be taken over. There were like 9 or 10 interested parties at the time if my memory is correct. We voted on IRC to drop the "bit" from BitMonero and move forward with the project. Thankful_for_today suddenly resurfaced, and wasn't happy to learn the community had assumed control of the coin. He attempted to maintain his own fork (still calling it "BitMonero") for a while, but that quickly fell into obscurity.

The unfolding of these events show us the roots of Monero. Much like Satoshi Nakamoto, the creators behind CryptoNote/Bytecoin and thankful_for_today remain a mystery^17^, having disappeared without a trace. This enigma only adds to Monero's value.

Since community took over development, believing in the project's potential and its ability to be guided in a better direction, Monero was given one of Bitcoin's most important qualities: a leaderless nature. With no single face or entity directing its path, Monero is safe from potential corruption or harm from a "central authority".

The community continued developing Monero until today. Since then, Monero has undergone a lot of technological improvements, migrations and achievements such as RingCT and RandomX. It also has developed its own Community Crowdfundinc System, conferences such as MoneroKon and Monerotopia are taking place every year, and has a very active community around it.

Monero continues to develop with goals of privacy and security first, ease of use and efficiency second. ^16^

This stands as a testament to the power of a dedicated community operating without a central figure of authority. This decentralized approach aligns with the original ethos of cryptocurrency, making Monero a prime example of community-driven innovation. For this, I thank all the people involved in Monero, that lead it to where it is today.

If you find any information that seems incorrect, unclear or any missing important events, please contact me and I will make the necessary changes.

Sources of interest

• https://forum.getmonero.org/20/general-discussion/211/history-of-monero
• https://monero.stackexchange.com/questions/852/what-is-the-origin-of-monero-and-its-relationship-to-bytecoin
• https://en.wikipedia.org/wiki/Monero
• https://bitcointalk.org/index.php?topic=583449.0
• https://bitcointalk.org/index.php?topic=563821.0
• https://bitcointalk.org/index.php?action=profile;u=233561
• https://bitcointalk.org/index.php?topic=512747.0
• https://bitcointalk.org/index.php?topic=740112.0
• https://monero.stackexchange.com/a/1024
• https://inspec2t-project.eu/cryptocurrency-with-a-focus-on-anonymity-these-facts-are-known-about-monero/
• https://medium.com/coin-story/coin-perspective-13-riccardo-spagni-69ef82907bd1
• https://www.getmonero.org/resources/about/
• https://www.wired.com/2017/01/monero-drug-dealers-cryptocurrency-choice-fire/
• https://www.monero.how/why-monero-vs-bitcoin
• https://old.reddit.com/r/Monero/comments/u8e5yr/satoshi_nakamoto_talked_about_privacy_features/

@ 39cc53c9:27168656

Read the original blog post

Over the past few months, I've dedicated my time to a complete rewrite of the kycnot.me website. The technology stack remains unchanged; Golang paired with TailwindCSS. However, I've made some design choices in this iteration that I believe significantly enhance the site. Particularly to backend code.

UI Improvements

You'll notice a refreshed UI that retains the original concept but has some notable enhancements. The service list view is now more visually engaging, it displays additional information in a more aesthetically pleasing manner. Both filtering and searching functionalities have been optimized for speed and user experience.

Service pages have been also redesigned to highlight key information at the top, with the KYC Level box always accessible. The display of service attributes is now more visually intuitive.

The request form, especially the Captcha, has undergone substantial improvements. The new self-made Captcha is robust, addressing the reliability issues encountered with the previous version.

Terms of Service Summarizer

A significant upgrade is the Terms of Service summarizer/reviewer, now powered by AI (GPT-4-turbo). It efficiently condenses each service's ToS, extracting and presenting critical points, including any warnings. Summaries are updated monthly, processing over 40 ToS pages via the OpenAI API using a self-crafted and thoroughly tested prompt.

Nostr Comments

I've integrated a comment section for each service using Nostr. For guidance on using this feature, visit the dedicated how-to page.

Database

The backend database has transitioned to pocketbase, an open-source Golang backend that has been a pleasure to work with. I maintain an updated fork of the Golang SDK for pocketbase at pluja/pocketbase.

Scoring

The scoring algorithm has also been refined to be more fair. Despite I had considered its removal due to the complexity it adds (it is very difficult to design a fair scoring system), some users highlighted its value, so I kept it. The updated algorithm is available open source.

Listings

Each listing has been re-evaluated, and the ones that were no longer operational were removed. New additions are included, and the backlog of pending services will be addressed progressively, since I still have access to the old database.

API

The API now offers more comprehensive data. For more details, check here.

About Page

The About page has been restructured for brevity and clarity.

Other Changes

Extensive changes have been implemented in the server-side logic, since the whole code base was re-written from the ground up. I may discuss these in a future post, but for now, I consider the current version to be just a bit beyond beta, and additional updates are planned in the coming weeks.

@ dfa02707:41ca50e3

• This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.

• Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
• Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.

"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.

What's new

• Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
• PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
  • Pushing transactions through Soroban can be deactivated by setting NODE_PANDOTX_PUSH=off in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
• New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
  • New:
    • /latest-block - returns data about latest block
    • /txout/:txid/:index - returns unspent output data
    • /support/services - returns info about services that Dojo exposes
  • Updated:
    • /tx/:txid - endpoint has been updated to return raw transaction with parameter ?rawHex=1
  • The new /support/services endpoint replaces the deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

Other changes

• Updated ban script to disconnect inbound Knots nodes.
• Updated Fulcrum to v1.12.0.
• Regenerate Fulcrum certificate if expired.
• Check if transaction already exists in pushTx.
• Bump BTC-RPC Explorer.
• Bump Tor to v0.4.8.16, bump Snowflake.
• Updated Bitcoin Core to v29.0.
• Removed unnecessary middleware.
• Fixed DB update mechanism, added api_keys table.
• Add an option to use blocksdir config for bitcoin blocks directory.
• Removed deprecated configuration.
• Updated Node.js dependencies.
• Reconfigured container dependencies.
• Fix Snowflake git URL.
• Fix log path for testnet4.
• Use prebuilt addrindexrs binaries.
• Add instructions to migrate blockchain/fulcrum.
• Added pull policies.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ a8d1560d:3fec7a08

THIS IS IMPORTANT!!!

After the wave of word-scrambling spam bots, a new and very problematic kind of spam has arrived in the Nostr. Whenever you post something now, you will get gay porn videos as an automated answer (No, being gay itself is not problematic!!!). To get rid of all the automated spam, remove the following relays from your inbox and outbox relay list: - nos.lol - relay.damus.io - nostr.oxtr.dev - relay.primal.net

As long as you have even one of these relays in your inbox and outbox lists, you and your followers will be spammed whenever posting something.

It is unknown if the bots only reply to kind 1 events or to all events.

@ 5d4b6c8d:8a1c1ee3

Today wasn't great from a ~HealthAndFitness perspective: poor sleep, junk food, no fast. At least I did get a decent amount of activity and take a cold shower.

How did other stackers fare on Father's Day?

https://stacker.news/items/1007373

@ dfa02707:41ca50e3

• This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.

• Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
• Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.

"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.

What's new

• Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
• PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
  • Pushing transactions through Soroban can be deactivated by setting NODE_PANDOTX_PUSH=off in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
• New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
  • New:
    • /latest-block - returns data about latest block
    • /txout/:txid/:index - returns unspent output data
    • /support/services - returns info about services that Dojo exposes
  • Updated:
    • /tx/:txid - endpoint has been updated to return raw transaction with parameter ?rawHex=1
  • The new /support/services endpoint replaces the deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

Other changes

• Updated ban script to disconnect inbound Knots nodes.
• Updated Fulcrum to v1.12.0.
• Regenerate Fulcrum certificate if expired.
• Check if transaction already exists in pushTx.
• Bump BTC-RPC Explorer.
• Bump Tor to v0.4.8.16, bump Snowflake.
• Updated Bitcoin Core to v29.0.
• Removed unnecessary middleware.
• Fixed DB update mechanism, added api_keys table.
• Add an option to use blocksdir config for bitcoin blocks directory.
• Removed deprecated configuration.
• Updated Node.js dependencies.
• Reconfigured container dependencies.
• Fix Snowflake git URL.
• Fix log path for testnet4.
• Use prebuilt addrindexrs binaries.
• Add instructions to migrate blockchain/fulcrum.
• Added pull policies.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ 39cc53c9:27168656

Read the original blog post

Over the past few months, I've dedicated my time to a complete rewrite of the kycnot.me website. The technology stack remains unchanged; Golang paired with TailwindCSS. However, I've made some design choices in this iteration that I believe significantly enhance the site. Particularly to backend code.

UI Improvements

You'll notice a refreshed UI that retains the original concept but has some notable enhancements. The service list view is now more visually engaging, it displays additional information in a more aesthetically pleasing manner. Both filtering and searching functionalities have been optimized for speed and user experience.

Service pages have been also redesigned to highlight key information at the top, with the KYC Level box always accessible. The display of service attributes is now more visually intuitive.

The request form, especially the Captcha, has undergone substantial improvements. The new self-made Captcha is robust, addressing the reliability issues encountered with the previous version.

Terms of Service Summarizer

A significant upgrade is the Terms of Service summarizer/reviewer, now powered by AI (GPT-4-turbo). It efficiently condenses each service's ToS, extracting and presenting critical points, including any warnings. Summaries are updated monthly, processing over 40 ToS pages via the OpenAI API using a self-crafted and thoroughly tested prompt.

Nostr Comments

I've integrated a comment section for each service using Nostr. For guidance on using this feature, visit the dedicated how-to page.

Database

The backend database has transitioned to pocketbase, an open-source Golang backend that has been a pleasure to work with. I maintain an updated fork of the Golang SDK for pocketbase at pluja/pocketbase.

Scoring

The scoring algorithm has also been refined to be more fair. Despite I had considered its removal due to the complexity it adds (it is very difficult to design a fair scoring system), some users highlighted its value, so I kept it. The updated algorithm is available open source.

Listings

Each listing has been re-evaluated, and the ones that were no longer operational were removed. New additions are included, and the backlog of pending services will be addressed progressively, since I still have access to the old database.

API

The API now offers more comprehensive data. For more details, check here.

About Page

The About page has been restructured for brevity and clarity.

Other Changes

Extensive changes have been implemented in the server-side logic, since the whole code base was re-written from the ground up. I may discuss these in a future post, but for now, I consider the current version to be just a bit beyond beta, and additional updates are planned in the coming weeks.

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ b1ddb4d7:471244e7

The latest AI chips, 8K displays, and neural processing units make your device feel like a pocket supercomputer. So surely, with all this advancement, you can finally mine bitcoin on your phone profitably, right?

The 2025 Hardware Reality: Can You Mine Bitcoin on Your Phone

Despite remarkable advances in smartphone technology, the fundamental physics of bitcoin mining haven’t changed. In 2025, flagship devices with their cutting-edge 2nm processors can achieve approximately 25-40 megahashes per second when you mine bitcoin on your phone—a notable improvement from previous generations, but still laughably inadequate.

Meanwhile, 2025’s top-tier ASIC miners have evolved dramatically. The latest Bitmain Antminer S23 series and Canaan AvalonMiner A15 Pro deliver 200-300 terahashes per second while consuming 4,000-5,500 watts. That’s a performance gap of roughly 1:8,000,000 between when you mine bitcoin on your phone and professional mining equipment.

To put this in perspective that hits home: if you mine bitcoin on your phone and it earned you one penny, professional miners would earn $80,000 in the same time period with the same effort. It’s not just an efficiency problem—it’s a complete category mismatch.

According to Pocket Option’s 2025 analysis, when you mine bitcoin on your phone in 2025, you generate approximately $0.003-0.006 in daily revenue while consuming $0.45-0.85 in electricity through constant charging cycles. Factor in the accelerated device wear (estimated at $0.75-1.20 daily depreciation), and you’re looking at losses of $1.20-2.00 per day just for the privilege of running mining software.

Mining Economic Factor

Precise Value (April 2025)

Direct Impact on Profitability

Smartphone sustained hash rate

20-35 MH/s

0.00000024% contribution to global hashrate

Daily power consumption

3.2-4.8 kWh (4-6 full charges)

$0.38-0.57 at average US electricity rates

Expected daily BTC earnings

0.0000000086 BTC ($0.0035 at $41,200 BTC)

Revenue covers only 0.9% of electricity costs

CPU/GPU wear cost

$0.68-0.92 daily accelerated depreciation

Reduces smartphone lifespan by 60-70%

Annual profit projection

-$386 to -$412 per year

Guaranteed negative return on investment

Source: PocketOption

Bitcoin’s 2025 Network: Harder Than Ever

Bitcoin’s network difficulty in 2025 has reached unprecedented levels. After the April 2024 halving event that reduced block rewards from 6.25 to 3.125 BTC, mining became significantly more competitive. The global hash rate now exceeds 800 exahashes per second—that’s 800 followed by 18 zeros worth of computational power securing the network.

Here’s what this means in practical terms: Bitcoin’s mining difficulty adjusts every 2,016 blocks (roughly every two weeks) to maintain the 10-minute block time. As more efficient miners join the network, difficulty increases proportionally. In 2025, mining difficulty has increased compared to 2024, making small-scale mining even less viable.

The math is unforgiving:

• Global Bitcoin hash rate: 828.96 EH/s
• Your smartphone’s contribution: ~0.000000003%
• Probability of solo mining a block: Virtually zero
• Expected time to mine one Bitcoin: Several million years

Even joining mining pools doesn’t solve the economic problem. Pool fees typically range from 1-3%, and your minuscule contribution would earn proportionally tiny rewards—far below the electricity and device depreciation costs.

The 2025 Scam Evolution: More Sophisticated, More Dangerous

Fraudsters now leverage AI-generated content, fake influencer endorsements, and impressive-looking apps that simulate realistic mining activity to entice you to mine bitcoin on your phone.

New 2025 scam tactics include:

AI-Powered Fake Testimonials: Deepfake videos of supposed successful mobile miners showing fabricated earnings statements and encouraging downloads of malicious apps.

Gamified Mining Interfaces: Apps that look and feel like legitimate games but secretly harvest personal data while simulating mining progress that can never be withdrawn.

Social Media Manipulation: Coordinated campaigns across TikTok, Instagram, and YouTube featuring fake “financial influencers” promoting mobile mining apps to younger audiences.

Subscription Trap Mining: Apps offering “free trials” that automatically charge $19.99-49.99 monthly for “premium mining speeds” while delivering no actual mining capability.

Recent cybersecurity research shows that over 180 fake mining apps were discovered across major app stores in 2025, with some accumulating more than 500,000 downloads before being removed.

Red flags that scream “scam” in 2025:

• Apps claiming “revolutionary mobile mining breakthrough”
• Promises of earning “$10-50 daily” from phone mining
• Requirements to recruit friends or watch ads to unlock withdrawals
• Apps that don’t require connecting to actual mining pools
• Testimonials that seem too polished or use stock photo models
• Apps requesting permissions unrelated to mining (contacts, camera, microphone)

The 2025 Professional Mining Landscape

To understand why, consider what professional bitcoin mining looks like in 2025. Industrial mining operations now resemble high-tech data centers with:

Cutting-edge hardware:

• Bitmain Antminer S23 Pro: 280 TH/s at 4,800W
• MicroBT WhatsMiner M56S++: 250 TH/s at 4,500W
• Canaan AvalonMiner A1566: 185 TH/s at 3,420W

Infrastructure requirements:

• Megawatt-scale power contracts with industrial electricity rates
• Liquid cooling systems maintaining 24/7 optimal temperatures
• Redundant internet connections ensuring zero downtime
• Professional facility management with 24/7 monitoring

For a small operation, you might need at least $10,000 to $20,000 to buy a few ASIC miners, set up cooling systems, and cover electricity costs. These operations employ teams of engineers, maintain relationships with power companies, and operate with margins measured in single-digit percentages.

2025’s Legitimate Mobile Bitcoin Strategies

While it remains impossible to mine bitcoin on your phone profitably, 2025 offers exciting legitimate ways to engage with bitcoin through your smartphone:

Lightning Network Participation: Apps like Phoenix, Breez, and Zeus allow you to run Lightning nodes on mobile devices, earning small routing fees while supporting bitcoin’s payment layer.

Bitcoin DCA Automation: Services enable automated dollar-cost averaging with amounts as small as $1 daily. Historical data shows $10 weekly bitcoin purchases consistently outperform any mobile mining attempt by 1,500-2,000%.

Educational Mining Simulators: Legitimate apps like “Bitcoin Mining Simulator” teach mining concepts without false earning promises. These educational tools help users understand hash rates, difficulty adjustments, and mining economics.

Stacking Sats Rewards: Apps offering bitcoin rewards for shopping, learning, or completing tasks.

Lightning Gaming: Bitcoin-native mobile games where players can earn sats through skilled gameplay, with some players earning $10 monthly.onfirm that even the most optimized mobile mining setups in 2025 lose money consistently and predictably.

The Bottom Line

When you mine bitcoin on your phone fundamental economics remain unchanged: it’s impossible to profit. The laws of physics, network competition, and energy efficiency create insurmountable barriers that no app can overcome.

However, 2025 offers unprecedented opportunities to engage with bitcoin meaningfully through your smartphone. Focus on education, legitimate earning opportunities, and strategic investment rather than chasing the impossible dream of phone-based mining.

The bitcoin community’s greatest strength lies in its commitment to truth over hype. When someone promises profits to mine bitcoin on your phone in 2025, they’re either uninformed or deliberately misleading you. Trust the mathematics, learn from the community, and build your bitcoin knowledge and holdings through proven methods.

The real opportunity in 2025 isn’t to mine bitcoin on your phone—it’s understanding bitcoin deeply enough to participate confidently in the most important monetary revolution of our lifetime. Your smartphone is the perfect tool for that education; it’s just not a mining rig.

@ 472f440f:5669301e

Marty's Bent

Sup, freaks? Your Uncle Marty did a little vibe coding a couple months ago and that vibe coding project has turned into an actual product that is live in the Google Chrome web store and will soon to be live in the Firefox add-on store as well. It's called Opportunity Cost and it is an extension that enables you to price the internet in Bitcoin.

Opportunity Cost – See Prices in Bitcoin Instantly

Convert USD prices to Bitcoin (satoshis) as you browse. Dual display, privacy-first, and open source.

Opportunity CostTFTC

Check it out!

This whole process has been extremely rewarding to me for many reasons. The first of which is that I've had many ideas in the past to launch a product focused on bitcoin education that simply never left my brain because I never felt comfortable paying a developer to go out and build a product that I wasn't sure would ultimately get product market fit.

Due to the advancements of AI, particularly ChatGPT and Replit, I was able to spend a few hours on a Saturday vibe coding a prototype for Opportunity Cost. It worked. I side loaded it into Chrome and Firefox, tested it out for a few days and decided, "Hey, I think this is something that's worthwhile and should be built."

Backtracking just a little bit, the initial idea for this app was to create an AR application that would enable you to take pictures of goods in the real world and have their prices automatically converted to bitcoin so that you could weigh the opportunity cost of whether or not you actually wanted to buy that good or decide to save in bitcoin instead. With the help of Justin Moon from the Human Rights Foundation and Anthony Ronning from OpenSecret and Maple AI, I was pointed in the right direction of vibe coding tools I could use to build a simple MVP. I took their advice, built the MVP, and demoed it at the Bitcoin Park Austin weekly AI meetup in mid-April.

The next week, I was talking with a friend, Luke Thomas, about the idea and during our conversation he made a simple quip, "You should make a Chrome extension. I really want a Chrome extension that does this." And that's what sent me down the vibe coding rabbit hole that Saturday which led to the prototype.

After I was comfortable with and confident in the prototype, I found a young hungry developer by the name of Moses on Nostr, I reached out to him, told him my idea, showed him the prototype and asked if he thought he could finish the application for me. He luckily agreed to do so and within a couple of weeks we had a fully functioning app that was officially launched today. We're about 12 hours into the launch and I must say that I'm pleasantly surprised with the reception from the broader Bitcoin community. It seems like something that people are happy exists and I feel extremely happy that people see some value in this particular application.

Now that you have the backstory, let's get into why I think something like Opportunity Cost should exist. As someone who's been writing a newsletter and producing podcasts about bitcoin for eight years in an attempt to educate individuals from around the world about what bitcoin is, why it's important, and how they can leverage it, I've become convinced that a lot of the work that needs to be done still exists at the top of the funnel. You can scream at people. You can grab them by the shoulders. You can shake them. You can remind them at Thanksgiving that if they had listened to your advice during any Thanksgiving in the previous years they would be better off financially. But at the end of the day most people don't listen. They need to see things. Seeing things for yourself is a much more effective teaching mechanism than be lectured to by someone else.

My hope with Opportunity Cost is that it catches the eye of some bitcoin skeptics or individuals who may be on the cusp of falling down the bitcoin rabbit hole and they see the extension as a way to dip their toes into bitcoin to get a better understanding of the world by pricing the goods and services they purchase on a day-to-day month-to-month and year-to-year basis in bitcoin without having to download a wallet or set up an exchange account. The tippy top of the bitcoin marketing funnel.

That is not all though. I think Opportunity Cost can serve individuals at both ends of the funnel. That's why it's pretty exciting to me. It's as valuable to the person who is bitcoin curious and looking to get a better understanding as it is to the hardcore bitcoiner living on a bitcoin standard who is trying to get access to better tools that enable him to get a better grasp of their spending in bitcoin terms.

Lastly, after playing around with it for a few days after I built the prototype, I realized that it has incredible memetic potential. Being able to take a screenshot of goods that people are buying on a day-to-day basis, pricing them in bitcoin and then sharing them on social media is very powerful. Everything from houses to junk items on Amazon to the salaries of pro athletes to your everyday necessities. Seeing the value of those things in bitcoin really makes you think.

One day while I was testing the app, I tried to see how quickly I could find goods on the internet that cumulatively eclipsed the 21 million supply cap limit of bitcoin. To my surprise, even though I've been in bitcoin for 12 years now, it did not take me that long. The opportunity cost of everything I buy on a day-to-day basis becomes very clear when using the extension. What's even clearer is the fact that Bitcoin is completely mispriced at current levels. There is so much winning ahead of us.

Also, it's probably important to note that the extension is open source. You can check out our GitHub page here. Submit pull requests. Suggest changes to the app.

We've also tried to make Opportunity Cost as privacy preserving as possible. Everything within the extension happens in your browser. The only external data that we're providing is the bitcoin to fiat price conversion at any given point in time. We're not data harvesting the web pages you're browsing or the items you're looking at. We're not collecting data and sending it to third party marketers. We want to align ourselves with the open and permissionless nature of bitcoin while also preserving our users' privacy. We're not trying to monetize this in that way. Though, I will say that I'm thinking of ways to monetize Opportunity Cost if it does gain significant traction, but I promise it will be in a way that respects your privacy and is as unobtrusive as possible. We'll see how it goes.

Thank you for coming to my TED talk. Please download and use the extension. Let us know what you think.

Headlines of the Day

Saylor Says Bitcoin Is Perfect Money to Jordan Peterson - via X

Trump Won't Sell Tesla Despite Musk-Bessent Heated Exchange - via X

Bitcoin Gains Traction in Kenya's Largest Slum Kibera - 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

---

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...

East Coast aesthetics over everything.

---

*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/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ 472f440f:5669301e

Marty's Bent

Sup, freaks? Your Uncle Marty did a little vibe coding a couple months ago and that vibe coding project has turned into an actual product that is live in the Google Chrome web store and will soon to be live in the Firefox add-on store as well. It's called Opportunity Cost and it is an extension that enables you to price the internet in Bitcoin.

Opportunity Cost – See Prices in Bitcoin Instantly

Convert USD prices to Bitcoin (satoshis) as you browse. Dual display, privacy-first, and open source.

Opportunity CostTFTC

Check it out!

This whole process has been extremely rewarding to me for many reasons. The first of which is that I've had many ideas in the past to launch a product focused on bitcoin education that simply never left my brain because I never felt comfortable paying a developer to go out and build a product that I wasn't sure would ultimately get product market fit.

Due to the advancements of AI, particularly ChatGPT and Replit, I was able to spend a few hours on a Saturday vibe coding a prototype for Opportunity Cost. It worked. I side loaded it into Chrome and Firefox, tested it out for a few days and decided, "Hey, I think this is something that's worthwhile and should be built."

Backtracking just a little bit, the initial idea for this app was to create an AR application that would enable you to take pictures of goods in the real world and have their prices automatically converted to bitcoin so that you could weigh the opportunity cost of whether or not you actually wanted to buy that good or decide to save in bitcoin instead. With the help of Justin Moon from the Human Rights Foundation and Anthony Ronning from OpenSecret and Maple AI, I was pointed in the right direction of vibe coding tools I could use to build a simple MVP. I took their advice, built the MVP, and demoed it at the Bitcoin Park Austin weekly AI meetup in mid-April.

The next week, I was talking with a friend, Luke Thomas, about the idea and during our conversation he made a simple quip, "You should make a Chrome extension. I really want a Chrome extension that does this." And that's what sent me down the vibe coding rabbit hole that Saturday which led to the prototype.

After I was comfortable with and confident in the prototype, I found a young hungry developer by the name of Moses on Nostr, I reached out to him, told him my idea, showed him the prototype and asked if he thought he could finish the application for me. He luckily agreed to do so and within a couple of weeks we had a fully functioning app that was officially launched today. We're about 12 hours into the launch and I must say that I'm pleasantly surprised with the reception from the broader Bitcoin community. It seems like something that people are happy exists and I feel extremely happy that people see some value in this particular application.

Now that you have the backstory, let's get into why I think something like Opportunity Cost should exist. As someone who's been writing a newsletter and producing podcasts about bitcoin for eight years in an attempt to educate individuals from around the world about what bitcoin is, why it's important, and how they can leverage it, I've become convinced that a lot of the work that needs to be done still exists at the top of the funnel. You can scream at people. You can grab them by the shoulders. You can shake them. You can remind them at Thanksgiving that if they had listened to your advice during any Thanksgiving in the previous years they would be better off financially. But at the end of the day most people don't listen. They need to see things. Seeing things for yourself is a much more effective teaching mechanism than be lectured to by someone else.

My hope with Opportunity Cost is that it catches the eye of some bitcoin skeptics or individuals who may be on the cusp of falling down the bitcoin rabbit hole and they see the extension as a way to dip their toes into bitcoin to get a better understanding of the world by pricing the goods and services they purchase on a day-to-day month-to-month and year-to-year basis in bitcoin without having to download a wallet or set up an exchange account. The tippy top of the bitcoin marketing funnel.

That is not all though. I think Opportunity Cost can serve individuals at both ends of the funnel. That's why it's pretty exciting to me. It's as valuable to the person who is bitcoin curious and looking to get a better understanding as it is to the hardcore bitcoiner living on a bitcoin standard who is trying to get access to better tools that enable him to get a better grasp of their spending in bitcoin terms.

Lastly, after playing around with it for a few days after I built the prototype, I realized that it has incredible memetic potential. Being able to take a screenshot of goods that people are buying on a day-to-day basis, pricing them in bitcoin and then sharing them on social media is very powerful. Everything from houses to junk items on Amazon to the salaries of pro athletes to your everyday necessities. Seeing the value of those things in bitcoin really makes you think.

One day while I was testing the app, I tried to see how quickly I could find goods on the internet that cumulatively eclipsed the 21 million supply cap limit of bitcoin. To my surprise, even though I've been in bitcoin for 12 years now, it did not take me that long. The opportunity cost of everything I buy on a day-to-day basis becomes very clear when using the extension. What's even clearer is the fact that Bitcoin is completely mispriced at current levels. There is so much winning ahead of us.

Also, it's probably important to note that the extension is completely open source with an MIT license. You can check out our GitHub page here. Submit pull requests. Suggest changes to the app.

We've also tried to make Opportunity Cost as privacy preserving as possible. Everything within the extension happens in your browser. The only external data that we're providing is the bitcoin to fiat price conversion at any given point in time. We're not data harvesting the web pages you're browsing or the items you're looking at. We're not collecting data and sending it to third party marketers. We want to align ourselves with the open and permissionless nature of bitcoin while also preserving our users' privacy. We're not trying to monetize this in that way. Though, I will say that I'm thinking of ways to monetize Opportunity Cost if it does gain significant traction, but I promise it will be in a way that respects your privacy and is as unobtrusive as possible. We'll see how it goes.

Thank you for coming to my TED talk. Please download and use the extension. Let us know what you think.

Headlines of the Day

Saylor Says Bitcoin Is Perfect Money to Jordan Peterson - via X

Trump Won't Sell Tesla Despite Musk-Bessent Heated Exchange - via X

Bitcoin Gains Traction in Kenya's Largest Slum Kibera - 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

---

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...

East Coast aesthetics over everything.

---

*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/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• RoboSats v0.7.7-alpha is now available!

NOTE: "This version of clients is not compatible with older versions of coordinators. Coordinators must upgrade first, make sure you don't upgrade your client while this is marked as pre-release."

• This version brings a new and improved coordinators view with reviews signed both by the robot and the coordinator, adds market price sources in coordinator profiles, shows a correct warning for canceling non-taken orders after a payment attempt, adds Uzbek sum currency, and includes package library updates for coordinators.

Source: RoboSats.

• siggy47 is writing daily RoboSats activity reviews on stacker.news. Check them out here.
• Stay up-to-date with RoboSats on Nostr.

What's new

• New coordinators view (see the picture above).
• Available coordinator reviews signed by both the robot and the coordinator.
• Coordinators now display market price sources in their profiles.

Source: RoboSats.

• Fix for wrong message on cancel button when taking an order. Users are now warned if they try to cancel a non taken order after a payment attempt.
• Uzbek sum currency now available.
• For coordinators: library updates.
• Add docker frontend (#1861).
• Add order review token (#1869).
• Add UZS migration (#1875).
• Fixed tests review (#1878).
• Nostr pubkey for Robot (#1887).

New contributors

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.

What's new

• COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
  • The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
  • When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.

"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."

• A step-by-step guide for setting up CCC is available here.

• Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.

  • For more technical details, see the protocol spec.

"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."

• Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
• Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
• Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
• NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
• Added Bitcoin Safe option to Export Wallet.
• 10% performance improvement in USB upload speed for large files.
• Q: Always choose the biggest possible display size for QR.

Fixes

• Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
• Fix stuck progress bar under Receiving... after a USB communications failure.
• Showing derivation path in Address Explorer for root key (m) showed double slash (//).
• Can restore developer backup with custom password other than 12 words format.
• Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
• Virtual Disk auto mode stuck on “Reading…” screen sometimes.
• Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
• Temporary seed from COLDCARD backup failed to load stored multisig wallets.
• Destroy Seed also removes all Trick PINs from SE2.
• Lock Down Seed requires pressing confirm key (4) to execute.
• Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ 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/

@ 4fe14ef2:f51992ec

Let's support Bitcoin merchants! I'd love to hear some of your latest Lightning purchases and interesting products you bought. Feel free to include links to the shops or businesses you bought from.

Who else has a recent purchase they’re excited about? Bonus sats if you found a killer deal! ⚡

If you missed our last thread, here are some of the items stackers recently spent and zap on.

Like and repost: X: https://x.com/AGORA_SN/status/1934193660796780660 N: https://njump.me/nevent1qqsdaqz3qjmgta88a4wnzyh7vujla7ecsc7luatrtl0a2k7xq43thhq337lj2

https://stacker.news/items/1006838

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

• Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
• Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
• Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
• Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
• Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
• Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.

• Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged .deb installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

• Added Recent Blocks view to Send tab.
• Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
• Support send and display of pay to anchor (P2A) outputs.
• Renamed sparrow package to sparrowwallet and sparrowserver on Linux.
• Switched camera library to openpnp-capture.
• Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
• Support camera zoom with mouse scroll where possible.
• In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
• Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
• In Cormorant, avoid calling the listwalletdir RPC on initialization due to a potentially slow response on Windows.
• Avoid server address resolution for public servers.
• Assume server address is non local for resolution failures where a proxy is configured.
• Added a tooltip to indicate truncated labels in table cells.
• Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
• Improved tooltips for wallet tabs and transaction diagrams with long labels.
• Show the address where available on input and output tooltips in transaction tab tree.
• Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
• Reset preferred table column widths on adjustment to improve handling after window resizing.
• Added accessible text to improve screen reader navigation on seed entry.
• Made Wallet Summary table grow horizontally with dialog sizing.
• Reduced tooltip show delay to 200ms.
• Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
• Optimized and reduced Electrum server RPC calls.
• Upgraded Bouncy Castle, PGPainless and Logback libraries.
• Upgraded internal Tor to v0.4.8.16.
• Bug fix: Fixed issue with random ordering of keystore origins on labels import.
• Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
• Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
• Bug fix: Fixed inclusion of fees on wallet label exports.
• Bug fix: Increase Trezor device libusb timeout.

Linux users: Note that the sparrow package has been renamed to sparrowwallet or sparrowserver, and in some cases you may need to manually uninstall the original sparrow package. Look in the /opt folder to ensure you have the new name, and the original is removed.

What's new in v2.2.1

• Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
• Repackaged .deb installs to use older gzip instead of zstd compression.
• Removed display of median fee rate where fee rates source is set to Server.
• Added icons for external sources in Settings and Recent Blocks view
• Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
• Bug fix: Fixed NPE on null fee returned from server

Announcement / Archive
GitHub Repo

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• RoboSats v0.7.7-alpha is now available!

NOTE: "This version of clients is not compatible with older versions of coordinators. Coordinators must upgrade first, make sure you don't upgrade your client while this is marked as pre-release."

• This version brings a new and improved coordinators view with reviews signed both by the robot and the coordinator, adds market price sources in coordinator profiles, shows a correct warning for canceling non-taken orders after a payment attempt, adds Uzbek sum currency, and includes package library updates for coordinators.

Source: RoboSats.

• siggy47 is writing daily RoboSats activity reviews on stacker.news. Check them out here.
• Stay up-to-date with RoboSats on Nostr.

What's new

• New coordinators view (see the picture above).
• Available coordinator reviews signed by both the robot and the coordinator.
• Coordinators now display market price sources in their profiles.

Source: RoboSats.

• Fix for wrong message on cancel button when taking an order. Users are now warned if they try to cancel a non taken order after a payment attempt.
• Uzbek sum currency now available.
• For coordinators: library updates.
• Add docker frontend (#1861).
• Add order review token (#1869).
• Add UZS migration (#1875).
• Fixed tests review (#1878).
• Nostr pubkey for Robot (#1887).

New contributors

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ 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 I am 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.

@ 9ca447d2:fbf5a36d

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

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

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

Pierre Corbin, Co-Founder of Flash, commented:

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

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

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

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

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

About Flash

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

About Bitcoin Only Brewery

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

@ 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

@ b1ddb4d7:471244e7

Paris, France – June 6, 2025 – Flash, the easiest Bitcoin payment gateway for businesses, just announced a new partnership with the Bitcoin Only Brewery, marking the first-ever beverage company to leverage Flash for seamless Bitcoin payments. 

Bitcoin Buys Beer Thanks to Flash!

As Co-Founder of Flash, it's not every day we get to toast to a truly refreshing milestone.

Okay, jokes aside.

We're super buzzed to see our friends at @Drink_B0B
Bitcoin Only Brewery using Flash to power their online sales!

The first… pic.twitter.com/G7TWhy50pX

— Pierre Corbin (@CierrePorbin) June 3, 2025

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

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

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

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

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

Bitcoin payment usage is growing thanks to Lightning

In May, fast-food chain Steak ‘N Shake went viral for integrating bitcoin at their restaurants around the world. In the same month, the bitcoin2025 conference in Las Vegas set a new world record with 4,000 Lightning payments in one day.

According to a report by River Intelligence, public Lightning payment volume surged by 266% from August 2023 to August 2024. This growth is also reflected in the overall accessibility of lighting infrastructure for consumers. According to Lightning Service Provider Breez, over 650 Million users now have access to the Lightning Network through apps like CashApp, Kraken or Strike.

Bitcoin Only Brewery’s adoption of Flash reflects the growing trend of businesses integrating Bitcoin payments to cater to a global, privacy-conscious customer base. By offering no-KYC delivery across Europe, the brewery aligns with the ethos of decentralization and financial sovereignty, appealing to the increasing number of consumers and businesses embracing Bitcoin as a legitimate payment method.

“Flash is committed to driving innovation in the Bitcoin ecosystem,” Corbin added. “We’re building a future where businesses of all sizes can seamlessly integrate Bitcoin payments, unlocking new opportunities in the global market. It’s never been easier to start selling in bitcoin and we invite retailers globally to join us in this revolution.”

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

About Flash

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

About Bitcoin Only Brewery

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

Media Contact:

Pierre Corbin
Co-Founder, Flash
Email: press@paywithflash.com
Website: paywithflash.comPhotos paywithflash.com/about/press

How Flash Enables Interoperable, Self-Custodial Bitcoin Commerce

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
• This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."

"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."

What's new

• Dave Nostr AI assistant app.
• GIFs.
• Fulltext note search.
• Add full screen images, add zoom, and pan.
• Zaps! NWC/ Wallet UI.
• Introduce last note per pubkey feed (experimental).
• Allow multiple media uploads per selection.
• Major Android improvements (still WIP).
• Added notedeck app sidebar.
• User Tagging.
• Note truncation.
• Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
• Mute list support (reading).
• Relay list support.
• Ctrl-enter to send notes.
• Added relay indexing (relay columns soon).
• Click hashtags to open hashtag timeline.
• Fixed timelines sometimes not updating (stale feeds).
• Fixed UI bounciness when loading profile pictures
• Fixed unselectable post replies.

Announcement / Archive
GitHub Repo
Website

@ 472f440f:5669301e

Marty's Bent

Sup, freaks? Your Uncle Marty did a little vibe coding a couple months ago and that vibe coding project has turned into an actual product that is live in the Google Chrome web store and will soon to be live in the Firefox add-on store as well. It's called Opportunity Cost and it is an extension that enables you to price the internet in Bitcoin.

Opportunity Cost – See Prices in Bitcoin Instantly

Convert USD prices to Bitcoin (satoshis) as you browse. Dual display, privacy-first, and open source.

Opportunity CostTFTC

Check it out!

This whole process has been extremely rewarding to me for many reasons. The first of which is that I've had many ideas in the past to launch a product focused on bitcoin education that simply never left my brain because I never felt comfortable paying a developer to go out and build a product that I wasn't sure would ultimately get product market fit.

Due to the advancements of AI, particularly ChatGPT and Replit, I was able to spend a few hours on a Saturday vibe coding a prototype for Opportunity Cost. It worked. I side loaded it into Chrome and Firefox, tested it out for a few days and decided, "Hey, I think this is something that's worthwhile and should be built."

Backtracking just a little bit, the initial idea for this app was to create an AR application that would enable you to take pictures of goods in the real world and have their prices automatically converted to bitcoin so that you could weigh the opportunity cost of whether or not you actually wanted to buy that good or decide to save in bitcoin instead. With the help of Justin Moon from the Human Rights Foundation and Anthony Ronning from OpenSecret and Maple AI, I was pointed in the right direction of vibe coding tools I could use to build a simple MVP. I took their advice, built the MVP, and demoed it at the Bitcoin Park Austin weekly AI meetup in mid-April.

The next week, I was talking with a friend, Luke Thomas, about the idea and during our conversation he made a simple quip, "You should make a Chrome extension. I really want a Chrome extension that does this." And that's what sent me down the vibe coding rabbit hole that Saturday which led to the prototype.

After I was comfortable with and confident in the prototype, I found a young hungry developer by the name of Moses on Nostr, I reached out to him, told him my idea, showed him the prototype and asked if he thought he could finish the application for me. He luckily agreed to do so and within a couple of weeks we had a fully functioning app that was officially launched today. We're about 12 hours into the launch and I must say that I'm pleasantly surprised with the reception from the broader Bitcoin community. It seems like something that people are happy exists and I feel extremely happy that people see some value in this particular application.

Now that you have the backstory, let's get into why I think something like Opportunity Cost should exist. As someone who's been writing a newsletter and producing podcasts about bitcoin for eight years in an attempt to educate individuals from around the world about what bitcoin is, why it's important, and how they can leverage it, I've become convinced that a lot of the work that needs to be done still exists at the top of the funnel. You can scream at people. You can grab them by the shoulders. You can shake them. You can remind them at Thanksgiving that if they had listened to your advice during any Thanksgiving in the previous years they would be better off financially. But at the end of the day most people don't listen. They need to see things. Seeing things for yourself is a much more effective teaching mechanism than be lectured to by someone else.

My hope with Opportunity Cost is that it catches the eye of some bitcoin skeptics or individuals who may be on the cusp of falling down the bitcoin rabbit hole and they see the extension as a way to dip their toes into bitcoin to get a better understanding of the world by pricing the goods and services they purchase on a day-to-day month-to-month and year-to-year basis in bitcoin without having to download a wallet or set up an exchange account. The tippy top of the bitcoin marketing funnel.

That is not all though. I think Opportunity Cost can serve individuals at both ends of the funnel. That's why it's pretty exciting to me. It's as valuable to the person who is bitcoin curious and looking to get a better understanding as it is to the hardcore bitcoiner living on a bitcoin standard who is trying to get access to better tools that enable him to get a better grasp of their spending in bitcoin terms.

Lastly, after playing around with it for a few days after I built the prototype, I realized that it has incredible memetic potential. Being able to take a screenshot of goods that people are buying on a day-to-day basis, pricing them in bitcoin and then sharing them on social media is very powerful. Everything from houses to junk items on Amazon to the salaries of pro athletes to your everyday necessities. Seeing the value of those things in bitcoin really makes you think.

One day while I was testing the app, I tried to see how quickly I could find goods on the internet that cumulatively eclipsed the 21 million supply cap limit of bitcoin. To my surprise, even though I've been in bitcoin for 12 years now, it did not take me that long. The opportunity cost of everything I buy on a day-to-day basis becomes very clear when using the extension. What's even clearer is the fact that Bitcoin is completely mispriced at current levels. There is so much winning ahead of us.

Also, it's probably important to note that the extension is completely open source with an MIT license. You can check out our GitHub page here. Submit pull requests. Suggest changes to the app. Fork it. Use it yourself. Make your own changes.

We've also tried to make Opportunity Cost as privacy preserving as possible. Everything within the extension happens in your browser. The only external data that we're providing is the bitcoin to fiat price conversion at any given point in time. We're not data harvesting the web pages you're browsing or the items you're looking at. We're not collecting data and sending it to third party marketers. We want to align ourselves with the open and permissionless nature of bitcoin while also preserving our users' privacy. We're not trying to monetize this in that way. Though, I will say that I'm thinking of ways to monetize Opportunity Cost if it does gain significant traction, but I promise it will be in a way that respects your privacy and is as unobtrusive as possible. We'll see how it goes.

Thank you for coming to my TED talk. Please download and use the extension. Let us know what you think.

Headlines of the Day

Saylor Says Bitcoin Is Perfect Money to Jordan Peterson - via X

Trump Won't Sell Tesla Despite Musk-Bessent Heated Exchange - via X

Bitcoin Gains Traction in Kenya's Largest Slum Kibera - 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

---

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...

East Coast aesthetics over everything.

---

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/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ 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:

• Listen to the new episode here!
• Discuss this episode on OUR NEW FORUM
• Get the RSS and Subscribe (this is a new feed URL, but the old one redirects here too!)
• Get a modern podcast app to use that RSS feed on at newpodcastapps.com
• Or listen to the show on the forum using the embedded Podverse player!
• Send your complaints here

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!

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

• Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
• Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
• Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
• Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
• Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
• Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.

• Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged .deb installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

• Added Recent Blocks view to Send tab.
• Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
• Support send and display of pay to anchor (P2A) outputs.
• Renamed sparrow package to sparrowwallet and sparrowserver on Linux.
• Switched camera library to openpnp-capture.
• Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
• Support camera zoom with mouse scroll where possible.
• In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
• Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
• In Cormorant, avoid calling the listwalletdir RPC on initialization due to a potentially slow response on Windows.
• Avoid server address resolution for public servers.
• Assume server address is non local for resolution failures where a proxy is configured.
• Added a tooltip to indicate truncated labels in table cells.
• Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
• Improved tooltips for wallet tabs and transaction diagrams with long labels.
• Show the address where available on input and output tooltips in transaction tab tree.
• Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
• Reset preferred table column widths on adjustment to improve handling after window resizing.
• Added accessible text to improve screen reader navigation on seed entry.
• Made Wallet Summary table grow horizontally with dialog sizing.
• Reduced tooltip show delay to 200ms.
• Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
• Optimized and reduced Electrum server RPC calls.
• Upgraded Bouncy Castle, PGPainless and Logback libraries.
• Upgraded internal Tor to v0.4.8.16.
• Bug fix: Fixed issue with random ordering of keystore origins on labels import.
• Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
• Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
• Bug fix: Fixed inclusion of fees on wallet label exports.
• Bug fix: Increase Trezor device libusb timeout.

Linux users: Note that the sparrow package has been renamed to sparrowwallet or sparrowserver, and in some cases you may need to manually uninstall the original sparrow package. Look in the /opt folder to ensure you have the new name, and the original is removed.

What's new in v2.2.1

• Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
• Repackaged .deb installs to use older gzip instead of zstd compression.
• Removed display of median fee rate where fee rates source is set to Server.
• Added icons for external sources in Settings and Recent Blocks view
• Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
• Bug fix: Fixed NPE on null fee returned from server

Announcement / Archive
GitHub Repo

@ 7f6db517:a4931eda

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

— ODELL (@ODELL) December 14, 2022

Good morning.

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

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

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

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

---

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

@ 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.

@ c1e9ab3a:9cb56b43

1. Introduction

The 21st century is marked by a rare confluence of demographic, technological, and monetary regime shifts. As birth rates fall below replacement levels across advanced and many emerging economies, global population growth slows and begins to reverse. At the same time, automation, AI, and robotics are increasing productivity at an accelerating pace. Simultaneously, trust in central banks and fiat currencies is waning, giving rise to calls for a return to hard currencies (e.g., gold, Bitcoin) and decentralized monetary systems.

These trends pose stark challenges to existing economic theories and institutions. This paper explores their implications through two opposing lenses: Keynesian economics and Austrian (Misesian) economics.

---

2. The Keynesian Reaction: Deflation, Demand Collapse, and the Paradox of Thrift

2.1. Demand-Side Fragility in a Shrinking Population

Keynesian theory is rooted in the principle that aggregate demand drives output and employment. A declining population implies a falling consumption base, which directly reduces aggregate demand. Combined with increased longevity, this trend leads to a larger retired population disinclined to spend, creating persistent demand shortfalls.

2.2. Technological Unemployment and Reduced Income Velocity

Rapid productivity gains from AI and robotics may displace large segments of labor, leading to unemployment or underemployment. With fewer wage earners and heightened uncertainty, consumption slows further. Even if goods become cheaper, widespread income insecurity constrains the ability to buy them.

2.3. The Paradox of Thrift

In times of uncertainty, both individuals and businesses tend to save more. Keynes argued that if everyone saves, aggregate demand collapses because one person’s spending is another’s income. Thus, increased saving leads to lower incomes, which reduces saving in aggregate—a self-reinforcing contraction.

2.4. Retreat from Fiat and Central Banking: A Catastrophic Constraint

Abandoning fiat currency and central banking removes the government’s ability to perform countercyclical policy. Interest rates cannot be lowered below zero; money supply cannot be expanded to fill demand gaps. In such a regime, deflation becomes chronic, debt burdens rise in real terms, and recovery mechanisms are neutered.

Conclusion (Keynesian):
The combined effect of declining population, rising productivity, and a hard money transition is catastrophic. It leads to a deflationary spiral, mass unemployment, debt crises, and secular stagnation unless aggressively offset by expansive fiscal and monetary policy—tools unavailable in a hard currency system.

---

3. The Misesian Rebuttal: Market Coordination and the Natural Order of Decline

3.1. Savings as Capital Formation

Mises and the Austrian School reject the paradox of thrift. Savings are not lost demand; they are deferred consumption that funds capital investment. Increased saving, in a free market, lowers interest rates and reallocates resources toward longer-term, higher-order production.

3.2. Deflation as a Signal of Progress

Falling prices due to productivity gains are not a crisis but a benefit. Consumers gain real wealth. Entrepreneurs adjust cost structures. As long as wages and prices are flexible, deflation reflects abundance, not failure.

3.3. Population Decline as Economic Recalibration

A shrinking population reduces demand, yes—but it also reduces the labor supply. Wages rise in real terms. Capital intensity per worker increases. There is no systemic unemployment if labor markets are free and responsive.

3.4. Hard Currency as Restoration of Market Coordination

Transitioning to a hard currency purges fiat-induced malinvestment and restores the price mechanism. With no artificial credit expansion, capital is allocated based on real savings. Booms and busts are mitigated, and long-term planning becomes reliable.

Conclusion (Misesian):
There is no crisis. A hard currency, high-productivity, low-population economy stabilizes at a new equilibrium of lower consumption, higher capital intensity, and rising real wealth. Deflation is natural. Savings are the seed of future prosperity. Government interference, not market adaptation, is the threat.

---

4. Final Synthesis

The Keynesian and Misesian views diverge on first principles: Keynes sees demand shortfalls and rigidities requiring top-down correction, while Mises sees market-coordinated adaptation as sufficient and self-correcting. As the 21st century evolves, this ideological conflict will shape whether the transition leads to depression or renewal.

---

References

• Keynes, J.M. The General Theory of Employment, Interest and Money
• Mises, L. Human Action
• Hayek, F.A. Prices and Production
• Böhm-Bawerk, E. Capital and Interest
• Friedman, M. A Program for Monetary Stability

@ 502ab02a:a2860397

ไม่มีใครเถียงว่าภาพคลาสสิกของอาหารเช้าชาวอเมริกันยุคหนึ่งคือ “ซีเรียลในชามนม” วางอยู่บนโต๊ะไม้ที่มีแดดยามเช้าส่องผ่านหน้าต่างพร้อมรอยยิ้มเด็กชายหญิงในชุดนอนสะอาดสะอ้าน แต่น้อยคนนักจะรู้ว่าเบื้องหลังภาพนี้ไม่ได้มาจากความน่ารักของครอบครัว หากแต่คือผลพวงของ “สงคราม การตลาด และรัฐ” ที่จับมือกันผลักดัน “นม” ให้กลายเป็นของขาดไม่ได้ในมื้อเช้า ตั้งแต่ครอบครัวธรรมดาไปจนถึงโรงเรียนทั่วสหรัฐฯ

เรื่องมันเริ่มจริงจังในช่วงปลายศตวรรษที่ 19 เมื่อหมอ John Harvey Kellogg แห่ง Battle Creek Sanitarium คิดค้นอาหารเช้าไร้เนื้อสัตว์เพื่อคนไข้ตามความเชื่อของศาสนา Seventh-day Adventist ซึ่งย้ำว่าวิถีชีวิตที่ดีต้องสะอาดทั้งกายและใจ เขาจึงสร้างอาหารประเภทธัญพืบอบกรอบที่ภายหลังกลายเป็น "ซีเรียล" โดยมีน้องชาย Will Keith Kellogg เป็นคนเห็นโอกาสทำตลาดใหญ่ เติมน้ำตาลลงไปเพื่อให้รสชาติถูกใจมหาชน แล้วกลายเป็นแบรนด์ซีเรียล Kellogg’s ในปี 1906

ปัญหาก็คือ กินซีเรียลเปล่าๆ มันแห้งติดคอ เด็กๆ ไม่ปลื้ม แม่บ้านก็ไม่สะดวกจะต้มน้ำซุปมาราดทุกเช้า นั่นแหละคือจุดเปลี่ยนที่ทำให้ “นม” โผล่เข้ามาในภาพ เพราะมันเย็น สด และเทใส่ชามได้ง่ายในไม่กี่วินาที พอซีเรียลฮิต นมเลยพ่วงขึ้นรถไฟความนิยมไปด้วยโดยไม่ต้องออกแรงมาก เรียกได้ว่าซีเรียลคือประตูทองที่พานมเข้าไปนั่งอยู่บนโต๊ะอาหารเช้าของคนอเมริกันทุกบ้าน

แต่นั่นแค่จุดเริ่มต้น เพราะหลังจากนั้น สงครามโลกก็เข้ามาเปลี่ยนทุกอย่างอีกขั้น

ช่วงสงครามโลกครั้งที่หนึ่งและสอง รัฐบาลสหรัฐฯ ต้องการอาหารที่เก็บได้นาน มีพลังงานสูง และขนส่งง่ายเพื่อป้อนให้ทหารในแนวหน้า นมสดไม่ตอบโจทย์ แต่นมข้นหวานและนมผงกลับเป็นพระเอก ด้วยการสนับสนุนจากรัฐ ฟาร์มโคนมทั่วประเทศถูกกระตุ้นให้ผลิตนมจำนวนมหาศาล เกินความต้องการของคนในประเทศ โดยหวังว่าจะส่งออกไปเลี้ยงกองทัพทั่วโลก

ปัญหาคือ เมื่อสงครามจบ ฟาร์มวัวก็ยังอยู่ โรงรีดนมยังเปิด คนงานยังทำงาน แต่นมกลับล้นตลาด จะทุบทิ้งก็ไม่ได้ เพราะมันคือ “ธุรกิจที่รัฐสร้างขึ้นเอง” รัฐบาลเลยจำเป็นต้อง “สร้างความต้องการขึ้นมาใหม่” ด้วยกลยุทธ์ทางโภชนาการและการศึกษา

องค์การ USDA (กระทรวงเกษตร) และ National Dairy Council ถูกระดมทุนให้ทำวิจัยสนับสนุนว่านมคือสิ่งจำเป็นกับร่างกายมนุษย์ โดยเฉพาะเด็ก ผลลัพธ์ที่ออกมาก็มักจะสรุปในทำนองว่า “เด็กที่ดื่มนมสูง โตไว แข็งแรงกว่าคนที่ไม่ดื่ม” ทั้งที่ความจริง ไข่ไก่ก็ให้โปรตีนสูงกว่า และดูดซึมง่ายกว่าหลายเท่า แต่ไข่ไม่มีอุตสาหกรรมเบื้องหลังที่แข็งแกร่งเท่า “นม”

ในขณะเดียวกัน ระบบการศึกษาก็ถูกดึงเข้ามามีบทบาท โรงเรียนหลายแห่งเริ่มมี “โครงการดื่มนม” ที่รัฐจัดสรรงบประมาณให้ โดยบังคับใช้กับนักเรียนทั่วประเทศ พ่อแม่บางคนที่ไม่เคยให้นมลูกเลยในบ้าน ยังต้องยอมให้ลูกดื่มนมในโรงเรียน เพราะมันกลายเป็นมาตรฐานสาธารณสุขแห่งชาติ และภาพลักษณ์ของ “พ่อแม่ที่ดี” คือคนที่เลี้ยงลูกด้วยนมวัว

เมื่อรัฐผลักนมเข้ามาในชีวิตผู้คนจนลึกซึ้งขนาดนี้ ขั้นต่อไปคือการปลูกฝังทางวัฒนธรรม

เข้าสู่ยุค 1980s-1990s สมรภูมิการตลาดก็กลายเป็นแนวหน้าใหม่ของอุตสาหกรรมนม แคมเปญระดับตำนาน “Got Milk?” ถือกำเนิดขึ้นในปี 1993 โดย California Milk Processor Board ร่วมกับบริษัทโฆษณา Goodby Silverstein & Partners พวกเขาไม่ได้ขายแค่นม แต่ขาย “ภาพลักษณ์ของคนมีสุขภาพดีที่ดื่มนม” โฆษณาหลายตัวมีดารา นักกีฬา หรือคนดังยืนยิ้มพร้อมคราบนมที่ริมฝีปาก คำโปรยง่ายๆ แต่ฝังลึกในจิตใจคือ “Got Milk?”

มันไม่ได้แค่เปลี่ยนพฤติกรรมผู้บริโภค แต่สร้าง “จิตสำนึกทางโภชนาการแบบจอมปลอม” ขึ้นมาทั้งรุ่น ทุกคนเชื่อว่าการไม่มีนมในชีวิตเท่ากับขาดอะไรบางอย่างอย่างร้ายแรง

ในฝั่งซีเรียลเองก็ไม่ได้อยู่นิ่ง ผู้ผลิตพยายามขยายตลาดให้เข้าถึงเด็กๆ มากขึ้น ตั้งแต่กล่องลายการ์ตูน ไปจนถึงของเล่นแถมในกล่อง ทุกอย่างออกแบบให้ “ชวนเทนมลงซีเรียล” ได้ทุกเช้า แล้วแถมความหวาน ความกรุบกรอบ และความสะดวกสบายที่แม่บ้านสมัยนั้นต้องการ

นักประวัติศาสตร์อย่าง E. Melanie DuPuis เคยตั้งข้อสังเกตไว้อย่างคมคายในหนังสือ Nature’s Perfect Food: How Milk Became America’s Drink ว่าความสำเร็จของ “นม” ในสังคมอเมริกัน ไม่ใช่เพราะมันดีกว่าสิ่งอื่น แต่เพราะมันถูกผลักดันด้วยการเมือง นโยบายรัฐ และวัฒนธรรมที่บงการผ่านระบบอาหารอย่างแยบยล

การกินนมกับซีเรียลตอนเช้าจึงไม่ใช่เรื่องธรรมชาติ แต่มันคือ “ผลผลิตของการจัดการความเชื่อ” ที่ต่อเนื่องมานานกว่าร้อยปี เราไม่ได้เลือกดื่มนมเพราะร่างกายต้องการ แต่เพราะระบบที่ใหญ่กว่าเราบอกว่าต้องดื่ม แล้วทุกคนก็เชื่อไปตามนั้นโดยไม่เคยตั้งคำถาม

และนั่นแหละเฮียว่า คือความเก่งของ “Fiat Food” ที่ทำให้อะไรบางอย่างที่เคยเป็นแค่ของเหลวจากวัว อาหารธรรมดาชนิดหนึ่งที่ดื่มกินกันมาหลายพันปีตั้งแต่สมัยมนุษย์เริ่มเลี้ยงแพะ แกะ วัว อาหารที่ดีชนิดหนึ่ง กลับกลายเป็น “พระเอกของมื้อเช้า” เป็นสิ่งจำเป็นยิ่งยวด ถ้าไม่ได้ดื่มแล้วจะไม่แข็งแรง และอาจจะป่วยได้ เป็นการก้าวข้ามไปสู่อาหารเทพ โดยไม่ต้องแข่งขันด้วยรสชาติ หรือคุณค่าทางโภชนาการเลยแม้แต่นิดเดียว

จับประเด็นดีๆนะครับคนรักนมอย่าเพิ่งหัวร้อน ใครๆก็ชอบนม ผลิตภัณฑ์จากนมก็อร่อย ทั้งวิป ชีส เนย บลาบลาบลา ดังนั้น นม ไม่ใช่ไม่ดี นมมีดีพอที่จะเป็น just a good food ชนิดหนึ่ง เป็นสิ่งที่มีสารอาหารดีพอจะเลี้ยงให้ลูกของสัตว์นั้นๆแข็งแรงเติบโตมาสู้โลกใบนี้ได้ แต่นมไม่ใช่อาหารที่ขาดไม่ได้ หรือ ไม่ได้กินแล้วจะไม่แข็งแรง การตีกรอบความเชื่อนี้มาจากระบบ ที่ต้องการจะจำหน่ายนมให้มากตามการผลิตนม ที่สร้างมามากมาย ในช่วงสงครามตามประวัติศาสตร์ที่ปรากฎ

นมถูกเพิ่มมูลค่าขึ้นไปมากกว่าที่เป็นจริง จากรัฐ โดยไม่ได้มีพื้นฐานมาสนับสนุนมูลค่าโภชนาการได้เท่ากับมูลค่าที่เพิ่มขึ้นไป และถ้าเทียบกับอาหารอื่นอย่างไข่ ปลาตัวเล็กที่กินทั้งกระดูก ที่มีมูลค่าการตลาดน้อยกว่านมหลายเท่านั้น มันกลับมีมูลค่าโภชนาการไม่แตกต่างกันอย่างมีนัยยะสำคัญ จนพอที่จะสรุปให้ประโยคที่ว่า "หากไม่ดื่มนมจะไม่สูงไม่แข็งแรง" ให้เป็นจริงได้

ถ้าจะยกเหตุผลอื่นๆที่ไม่ได้อยู่ในกรอบ การเพิ่มมูลค่า ปริมาณสารอาหาร ความสะดวกสบาย ความชอบ นานาจิปาถะตามรสนิยม แต่ให้อยู่ในกรอบ ความเป็นอาหารเทพชั้นยอดที่ขาดไม่ได้เด็ดขาดแล้วนั้น คำถามก็คือ เราต้องกลัวการไม่ได้ดื่มนมเพราะจะไม่แข็งแรง หรือเปล่า

ใคร ทำให้เกิดความกลัวนั้น และความกลัวมักทำให้เกิดอะไร

นั่นคือแก่นของเรื่องนี้ครับ #pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ 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

@ dfa02707:41ca50e3

• This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.

• Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
• Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.

"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.

What's new

• Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
• PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
  • Pushing transactions through Soroban can be deactivated by setting NODE_PANDOTX_PUSH=off in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
• New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
  • New:
    • /latest-block - returns data about latest block
    • /txout/:txid/:index - returns unspent output data
    • /support/services - returns info about services that Dojo exposes
  • Updated:
    • /tx/:txid - endpoint has been updated to return raw transaction with parameter ?rawHex=1
  • The new /support/services endpoint replaces the deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

Other changes

• Updated ban script to disconnect inbound Knots nodes.
• Updated Fulcrum to v1.12.0.
• Regenerate Fulcrum certificate if expired.
• Check if transaction already exists in pushTx.
• Bump BTC-RPC Explorer.
• Bump Tor to v0.4.8.16, bump Snowflake.
• Updated Bitcoin Core to v29.0.
• Removed unnecessary middleware.
• Fixed DB update mechanism, added api_keys table.
• Add an option to use blocksdir config for bitcoin blocks directory.
• Removed deprecated configuration.
• Updated Node.js dependencies.
• Reconfigured container dependencies.
• Fix Snowflake git URL.
• Fix log path for testnet4.
• Use prebuilt addrindexrs binaries.
• Add instructions to migrate blockchain/fulcrum.
• Added pull policies.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ 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.

@ 86184109:de238b47

Greetings! If you're reading this, you might be asking yourself "how do I start hiding things?", or maybe you're asking something more akin to...

What is a geocache? What is Treasures?!

Geocaches

Excellent question, dear reader! Geocaching is a hobby that has been around since at least the 2000's, with its roots in the even older hobby of letterboxing. In short, geocaching is a type of real world 'treasure hunt', in which 'caches' are hidden for others to find. These caches may range from a small container with a log entry book, multiple caches with coordinates to the next location leading to a destination, or even something hidden behind an elaborate puzzle or riddle.

Traditional geocaches are typically containers hidden from prying eyes - usually off a park, hiking, or natural trail of some sort. The intent and fun of geocaching is to find these hidden caches, log your success in finding them (either digitally or through a log book), and perhaps even trading trinkets between yourself and the cache's container.

Treasures

Treasures is a decentralized geocaching application, which acts as a client-side interface for displaying user-submitted geocache listings to nostr relays. In short, users submit geocache listings (kind 37515 events) to the relays and Treasures acts as a software on your device to display these items.

If you're new to nostr, I'd suggest reading through this guide for a proper introduction to the topic.

Okay okay, how do I start hiding stuff?

Ah, the exciting part! At this stage, the two most important items are creating the geocache and finding a proper place to hide it.

Creating a geocache

There isn't too much to creating the geocache itself, but some small considerations are required.

Sizing

Geocaches typically come in the following sizes: * Micro - The size of a film roll canister or smaller. * Small - The size of a sandwich container or bento box. * Regular - The size of a shoebox, roughly. * Large - An ammo box, treasure chest, small cooler, or similar.

For starting out, I would suggest a small container to keep things simple.

Container material

Geocaches can exist in many forms, ranging from a small tube, a fake rock, a snap-lid box, or even a literal treasure chest. However, in most cases, you are looking for a container that can weather the elements. Something that can survive a bit of wilderness, especially external moisture.

For a container, I would suggest anything that has a snap or 'locking' seal, as well as some type of rubber o-ring seal on the lid.

Your local stores may vary, but here are few examples of containers that would meet this criteria: * MTM Survivor Dry Box with O-Ring Seal * Cabela's Ammo Can Field Box * Snapware Plastic Food Storage Containers * Target Twist & Store Food Storage Containers

All of these items (with the exception of the last, which uses a twist seal) matches the above criteria. They also share another important criteria - green, muted, and translucent coloring.

Container color

You're hiding something, likely within nature or near it, so blending into the environment is a key variable here. Try to find containers that are a natural green or brown, or even simply translucent. Avoid colors that would contrast against the environment, such as bright pastels, neons, primary colors, and so on.

Container contents

So now you've selected your container; it's durable and will be very hard to find, but... what do you put in it?

The log entry

A geocache's contents, at minimum, should include a log entry book (or paper) so that the finder can record their record of being there.

Treasures includes an additional item you can place within your geocache - a scannable QR code:

This optional QR code, if scanned, allows you to post a verified log entry. This allows the finder to provide a simple cryptographic proof of being at the cache location. Verified logs have a neat 'verified' badge next to the entry:

A finder can still post a normal log entry, of course. They just won't have the cool, shiny badge next to it.

Other trinkets

A log entry is often more than enough to satisfy the conditions of a successful geocache treasure hunt, but you are also welcome to include additional items and prizes for the finder to enjoy.

Geocache contents can also include cool memorabilia, coins, trading cards, badges, toys, or any other item that might make for a good trade. In this scenario, the finder is encouraged to trade an existing item within the cache with something that they treasure as well, something that would be an awesome find for the next person.

For example, one of the coolest things I found in a geocache was a foil trading card:

Now that you have an idea of how to build a cache, let's move on to the other important half - where to hide it.

Hiding a Geocache

Most of the fun in a geocache is the act of finding it, and finding a great hiding location is an crucial part of building that experience.

Difficulty and Terrain

The complexity of finding a geocache is scored on a 1-5 scale by difficulty (D) and terrain (T); these are the mental and physical obstacles to finding the cache. These challenges can range from walking up to a location and immediately finding the cache, to requiring some tricky puzzle solving, or potentially having to physically travel a great distance and through potentially-hazardous terrain to find the geocache's location.

For this guide, we will focus on hiding a simple geocache with a difficulty and terrain rating of 1-2. The location may require some walking and potential cleverness to find the geocache.

Picking a good location

The basics

A "good location" is likely subjective, but for this guide, it means "a mostly-accessible area in a forested park or trail that doesn't receive a ton of foot traffic".

You will want to find somewhere that is not dangerous or difficult to reach, but is also not a place that people would go normally. Such examples may include:

• A small clearing adjacent to the main path.
• A slim walk path that clearly detours from a primary walking path in a park, but is still possible to navigate through.
• An area that requires a bit of walking to get to normally, but is often not sought after by park or trail goers.

Leave No Trace

You should be mindful of the location you pick, ensuring that the path and action of finding the cache follows Leave No Trace principles. Specifically, that you aren't causing harm to the nature around you via actions such as littering or damaging the wildlife.

Such examples would include: * Avoiding putting disposable wrappers or throwaway material in your geocache container. * Using a container with a snap or locking mechanism to keep the geocache contents from being potentially littered. * Picking locations that do not require trampling on or destroying existing flora to reach the geocache location. * Picking locations with clear, established, and stable paths.

Hiding spots

"Where do I actually hide this thing?", you might be asking about now. Well, if you've found a good spot, then this part requires some imagination. Try to find a place that your cache won't be easily seen by others.

Some common examples might include: * Behind a large tree that faces a trail. * Within a shrub or bush. * Behind tall grass or a fence that is normally not visible when walking past the area.

Safety considerations

As with any hobby that involves leaving your house, there is always an innate risk of danger or injury. That being said, you should hide your geocache in a place that will not further incur such risks for those trying to find it.

These guidelines are somewhat outlined already above, but the key things to look out for are: * Stable ground - make sure that the path to reach your geocache follows level ground with no drastic shifts in elevation. * Part of an existing park, nature trail, or hiking trail - your geocache should be possible to find by starting with an established location, such as the entrance of a park. * Keep your cache within public property - your geocache should be somewhere that everyone is allowed to be.

Posting your geocache to Treasures

Now comes the easier part, hopefully! To create your geocache listing on Treasures, log in with your nostr private key (or sign up to obtain one on Treasures if you're new), then go to the Create page.

This page will walk you through the key details of your geocache listing, such as the title, description, hints, difficulty and terrain scores, the container size, and additional images you may or may not wish to add to your listing.

Upon submitting your listing, the following will occur:

• An event will be published to the nostr relay(s).
• The optional QR code will be generated for your listing. (Download it now, as it's not possible to generate the same QR code twice!)

...and that's it! Your geocache listing is now present to the public - congrats. :)

Additional Considerations

• Double-check the location you're using for your cache. Is it accurate? Is it in within 10~ ft of the destination (or starting point) of your cache location?
• If you don't want to bring the QR code back to your geocache container later, you can create the cache listing in advance - just mark it as a 'hidden from public view' to keep the cache unlisted in the UI.
  • The relay event is still public, and you can still share the link for those that might need to review it, but it won't appear in listings for anyone using Treasures directly.
• Take some good pictures of the surrounding location! These are good ways to provide context and hints to those looking for your geocache.
  • Images are blurred by default to avoid spoilers, so feel free to provide anything that might be helpful for those who might need assistance.

Conclusion

Thank you for taking the time to read through everything! I may update this guide as new or helpful information comes up, but I hope that this information serves you well as you start your treasure hiding adventure.

If you have any questions, you can find me at @chad@chadwick.site on Ditto.

Good luck, and may the winds of adventure carry you forward!

@ 5627e59c:d484729e

Ik hou van de natuur en van verbinding maken\ Van diepgang en van mensen raken

Van creatief schrijven en programmeren\ Van speels bewegen en nieuwe dingen leren

Ik hou van leven en van dromen\ En van mensen zien\ Hun diepste wensen uit doen komen

@ f3873798:24b3f2f3

Muito se fala sobre racismo no Brasil. A mídia, os políticos e os intelectuais engajados repetem discursos antirracistas, promovem campanhas e ergueram bandeiras pela igualdade. No entanto, existe uma hipocrisia gritante quando olhamos para a realidade dos povos indígenas no país.

No Brasil, o indígena ainda é, juridicamente, tratado como incapaz de decidir por si mesmo, sendo suas terras consideradas propriedade da União. Isso significa, na prática, que tudo o que diz respeito à sua cultura, território e desenvolvimento precisa do “amém” do Estado. É um tipo de tutela que remete aos tempos coloniais, onde os “civilizados” decidiam o que era melhor para os “selvagens”.

O mais engraçado e trágico deste fato, é que não há nenhum movimento midiático que aborda sobre a existência absurda deste tipo de regimento jurídico, não há influenciar não há atores e atrizes da Globo, nem cantores que questione e lance a pauta

Como falar em fim da escravidão ou combate ao racismo estrutural, se ainda hoje tratamos povos inteiros como se fossem incapazes de autodeterminação?

Enquanto isso, o governo federal, representado atualmente por figuras como “Tio Lule”, negocia e entrega terras indígenas para interesses geopolíticos, sustentando ditaduras e alianças internacionais, enquanto os próprios povos originários ficam à margem do desenvolvimento econômico.

Recursos como açaí, cupuaçu, babaçu e muitos outros produtos amazônicos serão explorados por empresas estrangeiras, que lucrarão intensamente, sem que as comunidades locais tenham condições mínimas de acesso aos meios de produção ou ao mercado. Isso destrói a economia regional, perpetua a dependência e impede que o verdadeiro protagonismo indígena aconteça.

Um ciclo que se repete: a história da borracha

O que está em curso não é novidade. É uma repetição histórica. Basta lembrar do ciclo da borracha, quando os ingleses levaram sementes de seringueira da Amazônia para plantar na Ásia, quebrando o monopólio brasileiro e afundando a economia da região Norte, que até hoje carrega as marcas desse roubo histórico.

Agora, a história se repete, mas com outros nomes e produtos — e com o apoio explícito do Estado brasileiro.

@ 7f6db517:a4931eda

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

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

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

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

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

Full Text of Bill

---

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

@ 5627e59c:d484729e

Ik sta hier nu een poos\ Bevroren, machteloos

Ik wil graag iets veranderen\ Gewoon iets doen voor anderen

Maar het mag precies niet zijn\ En dat doet me veel pijn

Verlamd en vol van onbegrip\ Ik krijg er maar geen grip op

Op de wereld en de mensen\ Zij verpletteren mijn diepste wensen

Niemand die eens hoort\ Naar wat mij toch zo stoort

Ik kan nog eens proberen\ Om de wereld om te keren

Maar ik weet, het heeft geen zin\ Ik raak nooit binnen in

De ander\ Kom, verander

Misschien wordt het eens tijd\ Dat ik mezelf bevrijd

Van al die overmacht\ Die mij toch zo versmacht

Een stapje achteruit\ Adem in en adem uit

Ik doe mijn oogjes dicht\ En zie wie mij verplicht

Opzadelt met ambitie\ Van waar komt toch die missie

Al de pijn die ik niet aankan\ En van 't bestaan verban

Al 't bewijs voor mijn geloof\ Dat ik niet meer vliegen kan

@ 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.

@ c631e267:c2b78d3e

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

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

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

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

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

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

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

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

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

[Titelbild: Pixabay]

---

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

@ 472f440f:5669301e

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

---

Take the First Step Off the Exchange

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

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...

The kids really do grow up faster than you expect.

---

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:

@ e97aaffa:2ebd765d

O mercado imobiliário português está a viver uma enorme bolha. É tão grave, está se tornando mais que uma crise de habitação, mas sim uma crise geracional. Os jovens portugueses não conseguem comprar casa, acabam por adiar indefinidamente a criação da família ou ter filhos, ou então a solução mais fácil é emigrar. Esta crise está a condenar a gerações mais novas e sem os mais novos, condenamos o futuro do país.

Problema

A origem do problema é o excesso de procura/demanda, Portugal ficou na moda, o turismo cresceu exponencialmente, quase diariamente são inaugurados novos hotéis nos centros das cidades e também houve um forte crescimento Alojamento Local(Airbnb). Tudo isto removeu muitas casas do mercado.

Além disso, Portugal tornou-se num destino para aposentados de outros países, sobretudo do norte da Europa e de nómadas digitais, que têm um poder de compra muito elevado, muito superior aos locais.

Para complicar ainda mais, nos últimos 5 anos houve uma imigração descontrolada, em plena crise de habitação, a população aumentou 20%. Com tanta gente nova, onde vai morar tanta gente?

Todos os portugueses, sobretudo nos grandes centros, conhecem casos de casas sobrelotadas, 10 ou 20 ou 30 pessoas a viver na mesma casa. É desumano, é uma escravatura moderna. Depois estas pessoas fazem concorrência desleal, porque eles podem pagar rendas de casas altas, o custo é dividido por 20 pessoas, enquanto os jovens casais portugueses não conseguem pagar.

Não existe um único problema, é uma soma de vários problemas, que gera uma enorme bolha.

Oferta

Tudo isto resultou num aumento da procura por habitação, mas como em tudo na economia, sempre que existe um aumento da procura, posteriormente o mercado ajusta-se, com o aumento da oferta, só que isso não está a acontecer.

A oferta de nova habitação é extremamente baixa, é insuficiente para o volume da procura. Até parece estranho, se o preço das casas estão muito elevadas, porque razão os promotores imobiliários não constroem mais?

Aqui está a razão da crise da habitação do mercado português, parece um problema sem solução.

A burocracia, a falta de terrenos, os impostos altos, falta de trabalhadores, tudo isto contribui para a crise na oferta, mas estes problemas sempre existiram em Portugal, não é uma coisa de hoje. Há 15 anos, mesmo com esses mesmo problemas, o mercado florescia, claramente dificultava mas não foram um entrave.

A meu ver, o problema está no financiamento.

Até à crise do subprime, os promotores imobiliários financiavam-se, quase em exclusividade na banca, com o juro muito baixo. Durante a crise, os casos mais problemáticos de crédito malparado foram de promotoras imobiliárias e de empresas de construção civil.

A crise do subprime e posteriormente a crise das dívidas soberanas, levou a UE a criar novas regras bancárias, onde criou muitas restrições ao acesso ao crédito por parte das empresas. Essas novas regras, que limitou o acesso ao crédito, provocaram uma alteração no modelo de financiamento das promotoras imobiliárias. Em vez de se financiarem na banca, os promotores vendiam primeiro as casas, antes de as construir. As promotoras recebiam parte do dinheiro e com esse dinheiro, financiavam a obra.

O modelo funcionou até ao pós pandemia, a impressão de dinheiros por parte dos governos foi monstruosa, criando uma forte inflação. Essa inflação provocou uma forte subida de preço nos materiais de construção e na mão de obra. Como as promotoras venderam as casas anteriormente, o valor que venderam as casas não foi suficiente para cobrir os novos custos da construção. Este problema provocado pela inflação, não afetou apenas o imobiliário, mas sim toda a economia, foram milhares de obras, por todo o país que não foram concluídas, as empresas faliram.

Este problema de financiamento, afecta sobretudo o mercado imobiliário da classe média, onde o custo é mais controlado, onde as empresas têm uma menor margem de lucro, o mínimo erro pode provocar uma falência. Por esse motivo, mas empresas de construção estão a preferir construir, o imobiliário de luxo, onde a margem de lucro é superior, minimiza a margem de erro. Mas o grande problema, é que falta habitação para a classe média.

A inflação é um grande problema, gera muita instabilidade nas empresas, torna-se imprevisível fazer um orçamento. Se a inflação é um forte contribuidor para o problema da habitação em Portugal e em breve teremos mais uma emissão massiva de novo dinheiro, por parte do BCE, parece um problema sem solução. As empresas terão que arranjar um novo método de financiamento, ou adaptar-se à inflação. Uma coisa é quase certa, na próxima década vamos ter alta inflação, porque é a única maneira para evitar o colapso dos governos, devido às enormes dívidas soberanas.

Procura/demanda

A resolução do problema do aumento da oferta é tão complexo, os governos vão optar pelo caminho mais fácil e populista, atacar a procura.

Nos próximos anos, os governos vão aprovar medidas mais autoritárias e antidemocráticas para minimizar o problema. Medidas como impedir os estrangeiros ou não residentes de adquirirem casas, impostos muito altos para 2° habitação, para forçar a venda ou o arrendamento, os Airbnb também serão um alvo.

Em suma, quem tiver uma casa como reserva de valor, para fugir à inflação, será declarada persona non grata.

Fix the money, Fix the world!

@ 472f440f:5669301e

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.

Corporate Bitcoin Treasuries are Changing Market Dynamics

Leon Wankum revealed how corporate Bitcoin treasuries are fundamentally reshaping business dynamics. Companies can now issue equity to fund operations while preserving their Bitcoin holdings, creating a revolutionary capital structure. Leon highlighted MicroStrategy's position, noting they hold enough Bitcoin to cover dividend payments for over 200 years. This model enables companies to reduce founder dilution since they don't need repeated funding rounds when their treasury appreciates.

"Some companies' Bitcoin treasuries are now worth more than all money they've ever raised." - Leon Wankum

Leon shared examples from his own portfolio companies where this strategy has proven transformative. Public companies have discovered an entirely new business model through strategic dilution that actually increases BTC per share. As Leon explained, this approach allows firms to leverage equity markets for operational funding while their Bitcoin treasury compounds in value, creating a positive feedback loop that benefits both shareholders and the company's long-term sustainability.

Check out the full podcast here for more on real estate price cycles, Bitcoin lending products, and the transition to a Bitcoin standard.

---

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

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

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:

@ dfa02707:41ca50e3

News

• Bitcoin mining centralization in 2025. According to a blog post by b10c, Bitcoin mining was at its most decentralized in May 2017, with another favorable period from 2019 to 2022. However, starting in 2023, mining has become increasingly centralized, particularly due to the influence of large pools like Foundry and the use of proxy pooling by entities such as AntPool.

Source: b10c's blog.

• OpenSats announces the eleventh wave of Nostr grants. The five projects in this wave are the mobile live-streaming app Swae, the Nostr-over-ham-radio project HAMSTR, Vertex—a Web-of-Trust (WOT) service for Nostr developers, Nostr Double Ratchet for end-to-end encrypted messaging, and the Nostr Game Engine for building games and applications integrated with the Nostr ecosystem.
• New Spiral grantee: l0rinc. In February 2024, l0rinc transitioned to full-time work on Bitcoin Core. His efforts focus on performance benchmarking and optimizations, enhancing code quality, conducting code reviews, reducing block download times, optimizing memory usage, and refactoring code.
• Project Eleven offers 1 BTC to break Bitcoin's cryptography with a quantum computer. The quantum computing research organization has introduced the Q-Day Prize, a global challenge that offers 1 BTC to the first team capable of breaking an elliptic curve cryptographic (ECC) key using Shor’s algorithm on a quantum computer. The prize will be awarded to the first team to successfully accomplish this breakthrough by April 5, 2026.
• Unchained has launched the Bitcoin Legacy Project. The initiative seeks to advance the Bitcoin ecosystem through a bitcoin-native donor-advised fund platform (DAF), investments in community hubs, support for education and open-source development, and a commitment to long-term sustainability with transparent annual reporting.
  • In its first year, the program will provide support to Bitcoin hubs in Nashville, Austin, and Denver.
  • Support also includes $50,000 to the Bitcoin Policy Institute, a $150,000 commitment at the University of Austin, and up to $250,000 in research grants through the Bitcoin Scholars program.

"Unchained will match grants 1:1 made to partner organizations who support Bitcoin Core development when made through the Unchained-powered bitcoin DAF, up to 1 BTC," was stated in a blog post.

• Block launched open-source tools for Bitcoin treasury management. These include a dashboard for managing corporate bitcoin holdings and provides a real-time BTC-to-USD price quote API, released as part of the Block Open Source initiative. The company’s own instance of the bitcoin holdings dashboard is available here.

Source: block.xyz

• Bull Bitcoin expands to Mexico, enabling anyone in the country to receive pesos from anywhere in the world straight from a Bitcoin wallet. Additionally, users can now buy Bitcoin with a Mexican bank account.

"Bull Bitcoin strongly believes in Bitcoin’s economic potential in Mexico, not only for international remittances and tourism, but also for Mexican individuals and companies to reclaim their financial sovereignty and protect their wealth from inflation and the fragility of traditional financial markets," said Francis Pouliot, Founder and CEO of Bull Bitcoin.

• Corporate bitcoin holdings hit a record high in Q1 2025. According to Bitwise, public companies' adoption of Bitcoin has hit an all-time high. In Q1 2025, these firms collectively hold over 688,000 BTC, marking a 16.11% increase from the previous quarter. This amount represents 3.28% of Bitcoin's fixed 21 million supply.

Source: Bitwise.

• The Bitcoin Bond Company for institutions has launched with the aim of acquiring $1 trillion in Bitcoin over 21 years. It utilizes secure, transparent, and compliant bond-like products backed by Bitcoin.
• The U.S. Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC). At his confirmation hearing, Atkins emphasized the need for a clear framework for digital assets. He aims to collaborate with the CFTC and Congress to address jurisdiction and rulemaking gaps, aligning with the Trump administration's goal to position the U.S. as a leader in Bitcoin and blockchain finance.
• Ethereum developer Virgil Griffith has been released from custody. Griffith, whose sentence was reduced to 56 months, is now seeking a pardon. He was initially sentenced to 63 months for allegedly violating international sanctions laws by providing technical advice on using cryptocurrencies and blockchain technology to evade sanctions during a presentation titled 'Blockchains for Peace' in North Korea.
• No-KYC exchange eXch to close down under money laundering scrutiny. The privacy-focused cryptocurrency trading platform said it will cease operations on May 1. This decision follows allegations that the platform was used by North Korea's Lazarus Group for money laundering. eXch revealed it is the subject of an active "transatlantic operation" aimed at shutting down the platform and prosecuting its team for "money laundering and terrorism."
• Blockstream combats ESP32 FUD concerning Jade signers. The company stated that after reviewing the vulnerability disclosed in early March, Jade was found to be secure. Espressif Systems, the designer of the ESP32, has since clarified that the "undocumented commands" do not constitute a "backdoor."

• Bank of America is lobbying for regulations that favor banks over tech firms in stablecoin issuance. The bank's CEO Brian Moynihan is working with groups such as the American Bankers Association to advance the issuance of a fully reserved, 1:1 backed "Bank of America coin." If successful, this could limit stablecoin efforts by non-banks like Tether, Circle, and others, reports The Block.
• Tether to back OCEAN Pool with its hashrate. "As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity," said Tether CEO Paolo Ardoino.
• Bitdeer to expand its self-mining operations to navigate tariffs. The Singapore-based mining company is advancing plans to produce machines in the U.S. while reducing its mining hardware sales. This response is in light of increasing uncertainties related to U.S. trade policy, as reported by Bloomberg.
• Tether acquires $32M in Bitdeer shares. The firm has boosted its investment in Bitdeer during a wider market sell-off, with purchases in early to mid-April amounting to about $32 million, regulatory filings reveal.
• US Bitcoin miner manufacturer Auradine has raised $153 million in a Series C funding round as it expands into AI infrastructure. The round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors. The firm raised to over $300 million since its inception in 2022.
• Voltage has partnered with BitGo to [enable](https://www.voltage.cloud/blog/bitgo-and-voltage-team-up-to-deliver-instant-bitcoin-and-stabl

@ 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!

@ 5627e59c:d484729e

Een warme chocomelk\ Een knuffel en de moed te durven spreken\ Een leuk oprecht verhaal\ En een stap naar mijn verlangen

Deze dingen allemaal\ Maken me warm vanbinnen\ Ik hou van deze dingen\ Ze doen mijn hartje zingen

Ik wens iedereen zo'n warmte toe\ Ik wou dat ik het delen kon\ Maar het ziet er anders uit\ Voor jou dan hoe voor mij

Het enige wat ik echt kan zeggen\ Het enige dat ik zeker weet\ De kracht om warmte te creëren\ Ligt in je eigen handen

In je voeten, in je mond\ Het zit ook in je ogen\ En ook in je haar\ En zei ik al je mond\ En zelfs ook in je kont

Haha, ik ben maar wat aan 't lachen\ Dat is wat mij verlucht\ En ervoor zorgt dat wat ik zeg\ Van mij los kan komen\ En jou bereiken kan

Zo kan ik op beide oren slapen\ Dat ik deed dat wat ik kon\ Ik sprak dat wat belangrijk is\ Voor mij en liet het los

De wijde wereld in\ Voor al die horen wil en daar om geeft\ Om die warmte in hun hartje\ En daar misschien naar streeft

Ik wens je al 't succes toe in de wereld\ Want God weet, je bent het waard\ Het ligt nu in jouw handen\ Deze woorden, wat ik zeg\ Iets om over na te denken\ Tussen 't brood en het beleg

Leef gewoon je leven\ En zorg goed voor jezelf\ En als je 't graag wilt vinden\ Is het daar voor jou aan 't wachten\ Tot jij klaar bent met geloven\ In al dat anders klinkt

Ik kan je niets beloven\ Maar vertrouw op jouw instinct

@ 472f440f:5669301e

Marty's Bent

via nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy0hwumn8ghj7mn0wd68yttjv4kxz7fwvf5hgcm0d9hzumnfde4xzqpq85h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qtyz2zr

A lot of the focus over the last couple of months has been on the emergence of Strategy competitors in public markets looking to build sizable bitcoin treasuries and attract investors of all shapes and sizes to drive shareholder value. The other big topic in the bitcoin development world has been around OP_RETURN and the debate over whether or not the amount of data that can be shoved into a bitcoin transaction should be decided by the dominant implementation.

A topic that is just as, if not more, important that is not getting enough appreciation is the discussion around open source bitcoin developers and the lingering effects of the Biden administration's attack on Samourai Wallet and Tornado Cash. If you read our friend Matt Corallo's tweet above, you'll notice that the lingering effects are such that even though the Trump administration has made concerted efforts to reverse the effects of Operation Chokepoint 2.0 that were levied by the Biden administration, Elizabeth Warren, and her friends at the Treasury and SEC - it is imperative that we enshrine into law the rights of open source developers to build products and services that enable individuals to self-custody bitcoin and use it in a peer-to-peer fashion without the threat of getting thrown in jail cell.

As it stands today, the only assurances that we have are from an administration that is overtly in favor of the proliferation of bitcoin in the United States. There is nothing in place to stop the next administration or another down the line from reverting to Biden-era lawfare that puts thousands of bitcoin developers around the world at risk of being sent into a cage because the government doesn't like how some users leverage the code they write. To make sure that this isn't a problem down the line it is imperative that we pass the Blockchain Regulatory Clarity Act, which would not hold bitcoin developers liable for the ways in which end users leverage their tools.

Not only is this an act that would protect developers from pernicious government officials targeting them when end users use their technology in a way that doesn't make the government happy, it will also protect YOU, the end user, looking to transact in a peer-to-peer fashion and leverage all of the incredible properties of bitcoin the way they were meant to be. If the developers are not protected, they will not be able to build the technology that enables you to leverage bitcoin.

So do your part and go to saveourwallets.org. Reach out to your local representatives in Congress and Senators and make some noise. Let them know that this is something that you care deeply about and that they should not only pay attention to this bill but push it forward and enshrine it into law as quickly as possible.

There are currently many developers either behind bars or under house arrest for developing software that gives you the ability to use Bitcoin in a self-sovereign fashion and use it in a privacy-preserving way. Financial privacy isn't a crime. It is an inalienable human right that should be protected at all cost. The enshrinement of this inalienable right into law is way past due.

#FreeSamourai #FreeRoman

Headlines of the Day

MicroStrategy Copycats See Speculative Premiums Fade - via X

Square Tests Bitcoin Payments, Lightning Yields Beat DeFi - via X

Get our new STACK SATS hat - via tftcmerch.io

Bitfinex Moves $731M Bitcoin to Jack Mallers' Fund - via X

---

Take the First Step Off the Exchange

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

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...

Should I join a country club?

---

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:

@ 5627e59c:d484729e

Warmte betekent zachtheid aan de grenzen\ Omringt door zachte mensen

Warmte betekent vrijheid\ Vrij om mij te tonen en te bewegen

Warmte betekent rust\ Om hier niet ver vandaan te hoeven zijn

Warmte betekent leven\ Iets waar ik vol van liefde mijn aandacht aan wil geven

Warmte betekent vriendschap\ Alle vriendschap die mijn hartje vult

Warmte betekent vol zijn\ Vol betekenis die mijn omgeving aan mij schenkt

Warmte betekent geven\ Geven om wat ik voor jou en jij voor mij\ Wij voor elkaar nu eigenlijk echt betekenen

@ a5ee4475:2ca75401

[EM ATUALIZAÇÃO]

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

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

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

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

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

---

Noções iniciais:

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

---

1. Vacinas Obrigatórias em Geral

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

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

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

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

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

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

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

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

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

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

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

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

---

2. PRIMEIRAS OCORRÊNCIAS PREDITIVAS AO COVID-19

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

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

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

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

Segundo eles:

“Integração entre Regiões e Países

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

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

Página do site ME salva em Imagem no Voidcat

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

Segundo eles:

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

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

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

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

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

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

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

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

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

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

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

---

3. PRIMEIROS INDÍCIOS

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

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

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

Também mencionado por: Jornal Estadão

Sobre o "Movimento antivacina"

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

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

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

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

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

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

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

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

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

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

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

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

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

---

4. FIGURAS CENTRAIS

Bill Gates

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

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

João Doria - Governo de São Paulo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Renan Filho

(filho do Renan Calheiros)

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

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

---

5. Narrativas, restrições e proibições

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

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

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

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

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

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

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

---

6. Vacinas

Alegações iniciais

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

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

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

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

Riscos diretos

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

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

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

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

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

---

7. CRIMES

Crimes da Pfizer

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

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

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

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

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

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

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

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

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

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

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

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

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

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

"5.5 Reconhecimento do comprador.

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

Crimes da AstraZeneca

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

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

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

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

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

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

---

8. CIENTISTAS

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

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

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

Dr. Paulo Sato

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

Dr. Kary Mullis

(Criador do teste PCR)

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

"Qualquer um pode testar positivo para quase qualquer coisa com um teste de PCR, se você executá-lo por tempo suficiente… Com PCR, se voce fizer isso bem, você pode encontrar quase tudo em qualquer pessoa… Isso não te diz que você está doente."

• Kary Mullis DESTRUYE a Anthony Fauci lbry://@CapitalistChile#0/Kary-Mullis---Fauci#5

"Ele [...] não entende de medicina e não deveria estar onde está. A maioria dos que estão acima são só administrativos e não têm nem ideia do que ocorre aqui em baixo e essas pessoas tem uma agenda que não é a que gostaríamos que tivessem, dado que somos nós os que pagamos a eles para que cuidem da nossa saúde. Têm uma agenda pessoal."

Dra. Li-Meng Yan

• Dra. Li-Meng Yan: O vírus foi criado em laboratório com um objetivo: Causar dano. https://youtu.be/pSXp3CZnvOc

Dr. Joe Roseman

• Cientista Phd Dr Joe Roseman faz seríssimas advertencias sobre a picada https://youtu.be/0PIXVFqJ_h8

Dr. Robert Malone

• As vacinas podem estar causando ADE - Dr. Robert Malone https://odysee.com/@AkashaComunidad:f/Las_vacunas_pueden_estar_causando_ADE_magnificaci%C3%B3n_mediada_por:f lbry://@Información.#b/Drrm#9

Dr. Robert Malone, um dos três inventores da tecnologia de RNAm que se usa de forma farmacêutica. No vídeo fala sobre os efeitos de ADE (realce dependente de anticorpos) que estão ocorrendo com as vacinas. Nas palavras do Dr. Malone, já não é somente uma hipótese, mas baseada nos conhecimentos gerados nas provas e ensaios pré clínicos, com as vacinas contra o primeiro vírus da SARS.

Dr. Luc Montagnier

• Dr. Luc Montagnier, virologista, prêmio Nobel de medicina, um dos descobridores do vírus HIV, afirma: "a vacinação em massa está criando as novas variantes' (@medicospelavida , telegram)

CASOS DOCUMENTADOS

13/09/2021 - 13 de setembro de 2021 - Carta aberta ao Ministro da Saúde por Arlene Ferrari Graf, mãe de Bruno Oscar Graf https://telegra.ph/Carta-aberta-ao-Ministro-da-Sa%C3%BAde-09-13

Também em: Gazeta do Povo

O texto de uma mãe discorrendo sobre o filho dela, Bruno Oscar Graf, ter ANTI-HEPARINA PF4 AUTO-IMUNE e ter vindo a falecer por reação à vacina.

11/05/2021 - Rio notifica morte de grávida vacinada com imunizante Oxford https://www.terra.com.br/noticias/coronavirus/rio-notifica-morte-de-gravida-vacinada-com-imunizante-oxford,415b9b0c49169427ac2f90ae3765c057e9suy3qn.html

"Vítima não apresentava histórico de doença circulatória nem sofria de nenhuma doença viral; relação será investigada"

13/08/2021 - Cruzeiro com 4.336 pessoas tem 27 contaminados com Covid-19 em Belize https://paranaportal.uol.com.br/geral/cruzeiro-com-4-336-pessoas-tem-27-contaminados-com-covid-19-em-belize/amp/

"Segundo um comunicado do Conselho de Turismo de Belize emitido na quarta-feira (11), 26 contaminados são da tripulação e um é passageiro. A maioria é assintomática e os 27 estão vacinados."

---

9. ALEGAÇÕES DIRETAS

09/2021 - Setembro de 2021 - BOMBA: Ex-membro do Partido Comunista da China revela que o primeiro surto da Covid foi “intencional” https://terrabrasilnoticias.com/2021/09/bomba-ex-membro-do-partido-comunista-da-china-revela-que-o-primeiro-surto-da-covid-foi-intencional/

01/03/2023 - 1 de Março de 2023 - O chefe do FBI, Christopher Wray, diz que vazamento de laboratório na China é muito provável https://www.bbc.com/news/world-us-canada-64806903

26/12/2024 - 26 de Dezembro 2024 - FBI ‘não tem permissão para informar Biden’ sobre a teoria de vazamento de laboratório da Covid https://www.thetimes.com/world/us-world/article/fbi-not-allowed-to-brief-biden-on-covid-lab-leak-theory-8df9mr997

O FBI concluiu com "confiança moderada" que a COVID-19 pode ter sido criada em laboratório, com base em parte na análise genômica conduzida por cientistas do Centro Nacional de Inteligência Médica.

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

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

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

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

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

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

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

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

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

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• This release introduces Payjoin v2 functionality to Bitcoin wallets on Cake, along with several UI/UX improvements and bug fixes.
• The Payjoin v2 protocol enables asynchronous, serverless coordination between sender and receiver, removing the need to be online simultaneously or maintain a server. This simplifies privacy-focused transactions for regular users.

"I cannot speak highly enough of how amazing it has been to work with @bitgould and Jaad from the@payjoindevkit team, they're doing incredible work. None of this would be possible without them and their tireless efforts. PDK made it so much easier to ship Payjoin v2 than it would have been otherwise, and I can't wait to see other wallets jump in and give back to PDK as they implement it like we did," said Seth For Privacy, VP at Cake Wallet.

How to started with Payjoin in Cake Wallet:

1. Open the app menu sidebar and click Privacy.
2. Toggle the Use Payjoin option.
3. Now on your receive screen you'll see an option to copy a Payjoin URL

• Bull Bitcoin Wallet v0.4.0 introduced Payjoin v2 support in late December 2024. However, the current implementations are not interoperable at the moment, an issue that should be addressed in the next release of the Bull Bitcoin Wallet.

• Cake Wallet was one of the first wallets to introduce Silent Payments back in May 2024. However, users may encounter sync issues while using this feature at present, which will be resolved in the next release of Cake Wallet.

What's new

• Payjoin v2 implementation.
• Wallet group improvements: Enhanced management of multiple wallets.
• Various bug fixes: improving overall stability and user experience.
• Monero (XMR) enhancements.

Learn more about using, implementing, and understanding BIP 77: Payjoin Version 2 using the payjoin crate in Payjoin Dev Kit here.

Announcement
Blog Post / Archive
GitHub Repo

@ 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

@ 3eab247c:1d80aeed

Global Metrics

Here are the top stats from the last period:

• Total Bitcoin-accepting merchants: 15,306 → 16,284
• Recently verified (1y): 7,540 → 7,803 (the rest of our dataset is slowly rotting; help us before it's too late!)
• Avg. days since last verification: 398 → 405 (more mappers, please)
• Merchants boosted: 22 (for a total of 4,325 days, someone is feeling generous)
• Comments posted: 34

Find current stats over at the 👉 BTC Map Dashboard.

Merchant Adoption

Steak n’ Shake

The US 🇺🇸 is a massive country, yet its BTC Map footprint has been lagging relative to other countries ... that is until now!

In what came as a nice surprise to our Shadowy Supertaggers 🫠, the Steak ’n Shake chain began accepting Bitcoin payments across hundreds of its locations nationwide (with some international locations too).

According to CoinDesk, the rollout has been smooth, with users reporting seamless transactions powered by Speed.

This marks a significant step towards broader Bitcoin adoption in the US. Now to drop the capital gains tax on cheesburgers!

SPAR Switzerland

In other chain/franchise adoption news, the first SPAR supermarket in Switzerland 🇨🇭 to begin accepting Bitcoin was this one in Zug. It was quickly followed by this one in Rossrüti and this one in Kreuzlingen, in what is believed to be part of a wider roll-out plan within the country powered by DFX's Open CryptoPay.

That said, we believe the OG SPAR crown goes to SPAR City in Arnhem Bitcoin City!

New Features

Merchant Comments in the Web App

Web App users are now on par with Android users in that they can both see and make comments on merchants.

This is powered by our tweaked API that enables anyone to make a comment as long as they pass the satswall fee of 500 sats. This helps keep spam manageable and ensure quality comments.

And just in case you were wondering what the number count was on the merchant pins - yep, they're comments!

Here is an 👉 Example merchant page with comments.

Merchant Page Design Tweaks

To support the now trio of actions (Verify, Boost & Comment) on the merchant page, we've re-jigged the design a little to make things a little clearer.

What do you think?

Technical

Codebase Refactoring

Thanks to Hannes’s contributions, we’ve made progress in cleaning-up the Web App's codebase and completing long overdue maintenance. Whilst often thankless tasks, these caretaking activities help immensely with long-term maintainability enabling us to confidently build new features.

Auth System Upgrades

The old auth system was held together with duct tape and prayers, and we’re working on a more robust authentication system to support future public API access. Updates include:

• Password hashing
• Bearer token support
• Improved security practices

More enhancements are in progress and we'll update you in the next blog post.

Better API Documentation

Instead of relying on tribal knowledge, we're finally getting around to writing actual docs (with the help/hindrance of LLMs). The "move fast, break everything" era is over; now we move slightly slower and break slightly less. Progress!

Database Improvements

We use SQLite, which works well but it requires careful handling in async Rust environments. So now we're untangling this mess to avoid accidental blocking queries (and the ensuing dumpster fires).

Backup System Enhancements

BTC Map data comes in three layers of fragility:

• Merchants (backed up by OS - the big boys handle this)
• Non-OSM stuff (areas, users, etc. - currently stored on a napkin)
• External systems (Lightning node, submission tickets - pray to Satoshi)

We're now forcing two core members to backup everything, because redundancy is good.

Credits

Thanks to everyone who directly contributed to the project this period:

• Comino
• descubrebitcoin
• Hannes
• Igor Bubelov
• Nathan Day
• Rockedf
• Saunter
• SiriusBig
• vv01f

Support Us

There are many ways in which you can support us:

• Become a Shadowy Supertagger and help maintain your local area or pitch-in with the never-ending global effort.

• Consider a zapping this note or make a donation to the to the project here.

@ 5627e59c:d484729e

Enlightenment is just\ You catching up with time

Enlightenment is just\ Successfully processing your current situation\ And what it has to do with your past

Enlightenment is just\ Separating what you believe from what you know\ What is real from what is true

Enlightenment is living\ According to what you believe\ Because that's what is real for you\ Yet knowing it might turn out\ To be not really true

Enlightenment is giving thanks\ For being proven wrong

For how else would we grow\ The things we're conscious of\ The things that're real for us\ And the things we really know

How else would we align those things\ With the truth of what is (t)here\ Beyond\ That which we are

@ 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

@ dfa02707:41ca50e3

Headlines

• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Florida's SB 868 proposes a backdoor into encrypted platforms. The bill and its House companion have both passed through their respective committees and are headed to a full vote. If enacted, SB 868 would require social media companies to decrypt teens' private messages, ban disappearing messages, allow unrestricted parental access to private messages, and likely eliminate encryption for all minors altogether.
• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable for miners on OCEAN but also one of the best things for Bitcoin," stated the mining pool.

Source: orangesurf

• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• TABConf 2025 is scheduled to take place from October 13-16, 2025. This prominent technical Bitcoin conference is dedicated to community building, education, and developer support, and it is set to return in October. Get your tickets here.
• Kaduna Lightning Development Bootcamp. From May 14th to 17th, the Bitcoin Lightning Developer Bootcamp will take place in Kaduna, Nigeria. Thisevent offers four dynamic days of coding, learning, and networking. Organized by Africa Free Routing and supported by Btrust, Tether, and African Bitcoiners, this bootcamp is designed as a gateway for African developers eager to advance their skills in Bitcoin and Lightning development. Apply here.

Source: African Bitcoiners.

Use the tools

• Core Lightning (CLN) v25.02.2 as been released to fix a broken Docker image. The issue was caused by an SQLite version that did not support an advanced query.
• Blitz wallet v0.4.4-beta introduces several updates and improvements, including the prevention of duplicate ecash payments, fixes for background ecash invoice handling, the ability for users to send payments to BOLT12 invoices from their Liquid balance, support for Blink QR codes, a lowered minimum amount for Lightning-to-Liquid payments to 100 sats, the option to initiate a node sync via a swipe gesture on the wallet's home screen, and the introduction of opt-in or opt-out functionality for newly implemented crash analytics via settings.
• Utreexo v0.5.0, a hash-based dynamic accumulator, is now available.
• Specter v2.1.1 is now available on StartOS. "This update brings compatibility with Bitcoin Core v28 and incorporates several upstream improvements," said developer Alex71btc.
• ESP-Miner (AxeOS) v2.7.0b1 is now available for testing.
• NodeGuard v0.16.1, a treasury management solution for Lightning nodes, has been released.
• The latest stacker.news updates include prompts to add a receiving wallet when posting or making comments (for new users), an option to randomize poll choices, improved URL search, and a few other enhancements. A bug fix for territories created after 9/19/24 has been implemented to reward 70% of their revenue to owners instead of 50%.

Other stuff

• The April edition of the 256 Foundation's newsletter is now available. It includes the latest mining news, Bitcoin network health updates, project developments, and a tutorial on how to update FutureBit's Apollo 1 to the Apollo 2 software.
• Siggy47 has posted a comprehensive RoboSats guide on stacker.news.
• Learn how to run your own Nostr relay using Citrine and Cloudflare Tunnels by following this step-by-step guide by Dhalism.
• Max Guise has written a Bitkey roadmap update for April 2025.

• PlebLab has uploaded a video on how to build a Rust wallet with LDK Node by Ben Carman.

• Do you want more? Subscribe and get No Bullshit GM report straight to your mailbox and No Bullshit Bitcoin on Nostr.

• Feedback or tips? Drop it here.
• #FREESAMOURAI

Sign up for No Bullshit Bitcoin

No Bullshit Bitcoin Is a Bitcoin News Desk Without Ads, Paywalls, or Clickbait.

Subscribe .nc-loop-dots-4-24-icon-o{--animation-duration:0.8s} .nc-loop-dots-4-24-icon-o *{opacity:.4;transform:scale(.75);animation:nc-loop-dots-4-anim var(--animation-duration) infinite} .nc-loop-dots-4-24-icon-o :nth-child(1){transform-origin:4px 12px;animation-delay:-.3s;animation-delay:calc(var(--animation-duration)/-2.666)} .nc-loop-dots-4-24-icon-o :nth-child(2){transform-origin:12px 12px;animation-delay:-.15s;animation-delay:calc(var(--animation-duration)/-5.333)} .nc-loop-dots-4-24-icon-o :nth-child(3){transform-origin:20px 12px} @keyframes nc-loop-dots-4-anim{0%,100%{opacity:.4;transform:scale(.75)}50%{opacity:1;transform:scale(1)}}

Email sent! Check your inbox to complete your signup.

No spam. Unsubscribe anytime.

@ 91117f2b:111207d6

Father's Day is a special holiday celebrated annually to honor fathers, father figures, and the significant role they play in shaping our lives. This year, Father's Day falls on Sunday, June 15, 2025, in many countries around the world.

A Brief History of Father's Day

The concept of Father's Day was first introduced by Sonora Smart Dodd in 1909, inspired by the success of Mother's Day. Dodd's father, William Jackson Smart, had raised her and her five siblings alone after their mother's death, and she wanted to honor his sacrifices and dedication. The first Father's Day celebration was held on June 19, 1910, in Spokane, Washington, and it wasn't until 1972 that President Richard Nixon signed a law declaring the third Sunday in June as the permanent date for Father's Day.

Celebrating Father's Day Around the World

While many countries celebrate Father's Day on the third Sunday in June, others observe it on different dates. Some notable exceptions include : - Spain, Italy, and Portugal: March 19, St. Joseph's Day - Germany: Ascension Day - Scandinavian countries: Second Sunday in November - Taiwan: August 8 - Australia and New Zealand: First Sunday in September

Ways to Celebrate Father's Day

If you're looking for ideas to make Father's Day special, consider these activities ¹: - Outdoor activities: Plan a camping trip, barbecue, or beach day - Cooking: Try out delicious recipes like grilled flank steak, country-style ribs, or bourbon-glazed salmon - Quality time: Spend the day doing something your dad enjoys, like watching a game or playing a sport together

Honoring Fathers and Father Figures

Father's Day is an opportunity to express gratitude and appreciation for the men who have made a positive impact in our lives. Whether it's a biological father, stepfather, grandfather, or father figure, this holiday is a chance to show love, respect, and admiration for their guidance, support, and sacrifices.

We say thank U to all the fathers out there in the world who have sacrificed and will continue to sacrifice for the benefit and success of their children. 💝♥️♥️

@ 472f440f:5669301e

Marty's Bent

via me

I think we'll look back at last weekend as one of the most pivotal points in human history. Ukraine's Operation Spider Web is one of the more shocking things I've seen in terms of military operations in my life. It validates something that many bitcoiners, many cypherpunks, and many prescient individuals have been talking about for decades now at this point, which is asymmetric drone warfare.

The Sovereign Individual is a book that many bitcoiners have talked about throughout the years due to how prescient it was in terms of the inevitable emergence of a digital currency outside the control of central banks and governments. The book was written in the mid-90s, so the fact that the two authors were able to predict that something like bitcoin would emerge less than 20 years after writing the book is pretty incredible. However, digital currencies leveraging cryptography were not the sole focus of the book. Another portion of the book was dedicated to the idea of asymmetric drone warfare and its effects on society overall.

It seems pretty clear today that this is another call from The Sovereign Individual that is coming true. Obviously, unless you've been living under a rock, you've noticed that Ukraine has been using drones in the battlefield to target strategic Russian assets and individual soldiers over the last year. The amount of battlefield videos I've seen of Russian soldiers running from autonomous drones that are hunting them down has been increasing significantly over the last six months. The footage is truly harrowing. It is a death that I wouldn't wish on anybody. With Operation Spider Web Ukraine has increased the stakes of this type of drone warfare by going deep into Russian territory and targeting strategic long-range bombers, some of which had the ability to deploy nuclear warheads. This is sure to incite a reaction from Russia. No one will be surprised if, by the end of the week, Russia has started a shock and awe campaign that goes deep into Ukrainian territory in retaliation for the kamikaze drone strikes on their long-range aircraft. I pray for peace and a quick resolution to this war, and every other war for that matter.

I didn't come here to pontificate and give my thoughts on this particular war, but I would like to focus on this new tactic of war and what it means for military budgets moving forward. The Sovereign Individual laid it out clearly when they wrote in the 1990s that at some point in the future autonomous drones would be leveraged in the battlefield and prove to be asymmetric because of the fact that they are extremely cheap to produce. When you compare the price it cost to produce one of these drones to the price of the equipment they are destroying, things get pretty crazy. With tens of thousands of dollars of drone equipment the Ukrainian army destroyed tens if not hundreds of millions of dollars worth of long-range missile aircraft. And it did so without putting any Ukrainian military personnel in harm's way. Directly, at least.

When you consider the return on investment of deploying these drones compared to sending in soldiers, tanks, and your own aircraft, it becomes pretty obvious that this is going to quickly become the most logical way to fight a war moving forward. The question that remains is how quickly do other governments recognize this and implement it into their own defense strategies? As an American looking at our military budget, which is quickly approaching $1 trillion in annual spend, I'm forced to question whether or not most of that money is simply being wasted, considering the fact that we live in a time where these asymmetric battlefield strategies now exist. Why build new fighter jets when a Somali pirate, or nefarious individual for that matter, could use a $200 drone to destroy it in a matter of seconds with no threat of direct physical harm?

I'm no military expert, but if I were at the helm of the Defense Department, I would seriously be forcing those below me to focus a ton of effort on this problem and create plans to make sure that we are sufficiently protected from these risks. The only way to protect from these risks is to build the capabilities yourself. When it comes to the risk reward from a defense tech investment perspective I think a majority of the effort should be focused on defensive drone technologies and capabilities.

With that being said, it does seem like the US military is privy to this asymmetric reality that we currently live in. Defense contracts with Andruil make this pretty clear. Andruil is certainly ahead of the curve when it comes to autonomous drone warfare and defense against it. As an American, even though I don't like war, or the military industrial complex, knowing that the military is working with companies like Andruil does give me some comfort. However, the other side of that coin is that it is very unnerving when you consider that the government creating these public-private partnerships could lead to some Orwellian outcomes here at home. It may make some of you feel uncomfortable, but I believe the ideal scenario is that any individual has access to these types of defensive drone technologies in the future. The end goal being to create a nuclear game theoretical outcome where violence is reduced because one always has to assume that anyone they intend to attack has access to sufficient and formidable defensive technologies.

It's truly scary times we're living in as we transition further into the Digital Age. Part of the reason that I've dedicated my whole life to bitcoin is because I truly do believe that if you fix the money, you can fix the world. That is not to say that kinetic wars or physical violence will not exist in the future. It certainly will. But I believe sound money and open access to these systems and tools creates conditions which are much more suitable for cooperation and less so for conflict.

Multi-Signature Bitcoin Custody Is Replacing Single-Point Solutions

Jesse Gilger made a compelling case for why multi-signature Bitcoin custody represents the future of secure storage. He explained how Gannett Trust's approach ensures "not all of the keys are going to be at any one entity," fundamentally reducing the honeypot risk that plagues centralized custodians. This distributed model means no single point of failure can compromise your Bitcoin, whether through hacking, internal fraud, or regulatory seizure.

"I was on the list. I got the email. 'You were affected.'" - Jesse Gilger

Jesse's firsthand experience with the Coinbase data breach drives home why centralized custody is fundamentally flawed. While Coinbase holds keys for 10 of 12 Bitcoin ETFs, smart money is moving toward multi-institutional setups where Gannett holds a key, Unchained holds a key, and a third party holds a key. This alignment with Bitcoin's decentralized ethos isn't just philosophically pure—it's pragmatically superior for protecting generational wealth.

Check out the full podcast here for more on MSTY risks, Bitcoin retirement strategies and nation-state adoption dynamics.

Headlines of the Day

MicroStrategy Copycats See Speculative Premiums Fade - via X

Square Tests Bitcoin Payments, Lightning Yields Beat DeFi - via X

Get our new STACK SATS hat - via tftcmerch.io

Bitfinex Moves $731M Bitcoin to Jack Mallers' Fund - via X

---

Take the First Step Off the Exchange

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

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...

Trying to imagine the future my children are going to live in gets harder by the day.

---

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

Subscribe to our YouTube channels and follow us on Nostr and X:

@ dfa02707:41ca50e3

Headlines

• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• All virtual asset service providers expect to be fully compliant with the Travel Rule by the end of 2025. A survey by financial surveillance specialist Notabene reveals that 90% of virtual asset service providers (VASPs) expect full Travel Rule compliance by mid-2025, with all aiming for compliance by year-end. The survey also shows a significant rise in VASPs blocking withdrawals until beneficiary information is confirmed, increasing from 2.9% in 2024 to 15.4% now. Additionally, about 20% of VASPs return deposits if originator data is missing.
• UN claims Bitcoin mining is a "powerful tool" for money laundering. The Rage's analysis suggests that the recent United Nations Office on Drugs and Crime report on crime in South-East Asia makes little sense and hints at the potential introduction of Anti-Money Laundering (AML) measures at the mining level.
• Riot Platforms has obtained a $100 million credit facility from Coinbase Credit, using bitcoin as collateral for short-term funding to support its expansion. The firm's CEO, Jason Les, stated that this facility is crucial for diversifying financing sources and driving long-term stockholder value through strategic growth initiatives.
• Bitdeer raises $179M in loans and equity amid Bitcoin chip push. The Miner Mag reports that Bitdeer entered into a loan agreement with its affiliate Matrixport for up to $200 million in April, as disclosed in its annual report filed on Monday.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.

• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• U.S. 'crypto' scam losses amounted to $9.3B in 2024. The US The Federal Bureau of Investigation (FBI) has reported $9.3 billion losses in cryptocurrency-related scams in 2024, noting a troubling trend of scams targeting older Americans, which accounted for over $2.8 billion of those losses.

Source: FBI.

• North Korean hackers establish fake companies to target 'crypto' developers. Silent Push researchers reported that hackers linked to the Lazarus Group created three shell companies, two of which are based in the U.S., with the objective of spreading malware through deceptive job interview scams aimed at individuals seeking jobs in cryptocurrency companies.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• Hesperides University offers a Master’s degree in Bitcoin. Bitcoin Magazine reports the launch of the first-ever Spanish-language Master’s program dedicated exclusively to Bitcoin. Starting April 28, 2025, this fully online program will equip professionals with technical, economic, legal, and philosophical skills to excel in the Bitcoin era.
• BTC in D.C. event is set to take place on September 30 - October 1 in Washington, D.C. Learn more about this initiative here.

Use the tools

• Bitcoin Keeper just got a new look. Version 2.2.0 of the mobile multisig app brought a new branding design, along with a Keeper Private tier, testnet support, ability to import and export BIP-329 labels, and the option to use a Server Key with multiple users.
  • Earlier this month the project also announced Keeper Learn service, offering clear and guided Bitcoin learning sessions for both groups and individuals.
• Keeper Desktop v0.2.2, a companion desktop app for Bitcoin Keeper mobile app, received a renewed branding update, too.

The evolution of Bitcoin Keeper logo. Source: BitHyve blog.

• Blockstream Green Desktop v2.0.25 updates GDK to v0.75.1 and fixes amount parsing issues when switching from fiat denomination to Liquid asset.
• Lightning Loop v0.31.0-beta enhances the loop listswaps command by improving the ability to filter the response.
• Lightning-kmp v1.10.0, an implementation of the Lightning Network in Kotlin, is now available.
• LND v0.19.0-beta.rc3, the latest beta release candidate of LND is now ready for testing.
• ZEUS v0.11.0-alpha2 is now available for testing, too. It's nuts.
• JoinMarket Fidelity Bond Simulator helps potential JoinMarket makers evaluate their competitive position in the market based on fidelity bonds.
• UTXOscope is a text-only Bitcoin blockchain analysis tool that visualizes price dynamics using only on-chain data. The

@ 93bfc86d:fc8e91f5

M of N 분산

이번 5월 BSL 컨퍼런스와 비트코인 서울 2025 컨퍼런스에서 펜락(Penlock) 프로젝트에 참여하고 있는 한 분을 만났다. 아마 이 분을 만난 한국인 분들이 더 있을 텐데, 현재는 익명을 원하시므로 프라이버시 보호를 위해 실명을 언급하는 것은 주의하는 것이 좋겠다.

키를 M of N으로 분산하는 방식 중 내가 알고 있는 건 멀티시그와 샤미르 분산이다.

멀티시그는 각자가 키를 생성하지만,

1. 스크립트 길이가 길어지고, 스크립트를 해시로 감싼다고 해도 일반 주소보다 길다.

2. 일반적인 P2MS는 공개키가 드러나므로 프라이버시 보장이 안 되고, P2SH로 감싸도 서명할 때 각자의 공개키가 드러난다(리딤 스크립트가 드러나므로).

이런 특징을 갖고 있다.

샤미르 분산은 하나의 키를 분산하는 방식이므로,

1. 키를 복원했을 때는 결국 하나의 키가 생성되므로 키가 복원되었을 때 보안에 매우 주의해야 한다.

2. 하지만 외부에서 볼 때는 어떤 방식으로 분할이 되었는지 알 수가 없으므로 프라이버시에 좋다.

이런 특징을 갖고 있다.

M of N은 회사에서의 권한 분산, 상속, 위험 지점 분산, 신뢰 지점 분산 등에 사용할 수 있을 것이다. 하지만 나는 멀티시그와 샤미르 분산이 둘 다 M of N을 구현하지만 그 특성이 약간 다르기 때문에 적합한 용처도 다르다고 생각한다. 만약 한 기업이 여러 이사진의 의사결정 과정에서 권한을 분산해야 한다면 멀티시그 방식이 훨씬 나을 것이다. 이사 각각이 서명하면 되기 때문이다. 여기다가 샤미르 분산을 쓴다면 이사 몇 명이 모여 키 하나를 생성했을 때 쪼개기 전의 원래 하나의 키가 생기므로 권한 분산에 차질이 생길 수 있다. 그 키를 갖는 사람이 갑자기 모든 권한을 가질 수 있게 되기 때문이다. 거꾸로 한 개인이 키를 백업하고자 하는데 키를 분실하거나 화재나 기타 재난 등의 이유로 파괴될 것에 대비하여 여러 장소에 분산하여 보관하고 싶다면 샤미르 분산이 더 적합할 것이다. 키 조각들을 합쳐서 원래 키가 생겼을 때 그 키는 어차피 한 개인이 쓰는 것이므로 권한 구조가 갑자기 한 곳으로 몰리는 것에 대해 걱정할 필요가 없기 때문이다.

그런데 샤미르 분산은 멀티시그보다 직관적이진 않은 것 같다. 멀티시그는 스크립트 구조를 보면 바로 어떤 구조인지 알 수 있다. 손으로 따라 쓸 수도 있는 수준이다. 하지만 트레저가 도입한 샤미르 분산인 SLIP-0039 같은 형식은 직관적이지가 않다. 일단 샤미르 분산이 다항함수를 통한 비밀 분산을 쓰는 원리라는 걸 이해해야 하고(키 조각이 부족하면 부정방정식이 되어서 복구 불가), 그걸 통해 복구하는 과정에서 사용하는 라그랑주 보간법이 인간이 손으로 계산하기에는 너무 어렵다. 키를 분할하고 복구하는 과정이 수학적인 함수 공간에서 정의되고, 사용자는 키 조각들만 보게 되므로 내부 구조에 대해 직관적으로 이해하기가 어렵다.

오프라인 손 계산과 직관적 이해

조금 다른 주제로 넘어가보자. 나는 기술의 사용자들이 그 기술을 '직관'적으로 이해할 수 있는 지가 매우 중요하다고 생각한다. 비트코인 경험에는 특히 '검증'이 중요한데 어떤 기술을 직관적으로 이해할 수 없다면 검증은 전문가들만의 전유물이 되기 때문이다.

예를 들어보자. 앨리스, 밥, 캐롤이 각각 니모닉을 만들었다.

1. 앨리스는 기계가 생성해준 니모닉을 사용한다. 기계는 SE칩 내부에 있는 전자의 브라운 운동 등을 엔트로피로 이용해 랜덤한 엔트로피를 생성했다. 하지만 앨리스는 이 사실을 모르고, 따라서 기계를 신뢰해야 한다. 앨리스는 기계가 생성해 준 엔트로피가 충분히 랜덤하고 안전하다고 "믿고 있다." 사실이 그런지 아닌지와는 별개로 말이다.

2. 밥은 주사위를 던져서 만든 니모닉을 사용한다. 하지만 주사위를 던졌을 때 나온 값이 어떻게 니모닉으로 변환되는지는 모른다. 기계는 주사위를 던져 나온 숫자를 유니코드 문자열로 인식하여 SHA256을 한 번 돌린 뒤, 그 해시값을 엔트로피로 사용한다. 밥은 자신이 직접 주사위를 던졌으므로 엔트로피가 랜덤하게 생성되었다는 것은 직관적으로 알지만, 그 숫자가 어떻게 니모닉으로 계산된 건지는 모른다.

3. 캐롤은 직접 동전을 던져 0, 1을 기록하고 자신이 직접 니모닉 표를 보며 니모닉을 대응시켰다. 따라서 캐롤은 자신이 사용하는 니모닉이 랜덤하다는 것도 이해하고 있으며, 랜덤한 엔트로피를 어떻게 니모닉에 대응시키는지도 알고 있다.

세 가지 경우 중 누가 니모닉에 대해 가장 잘 직관적으로 이해하고 있겠는가? 당연히 3번 캐롤이다. 이렇듯 오프라인에서 동전을 던져 직접 엔트로피를 생성하고, 표를 보며 손으로 직접 니모닉에 대응시키는 과정은 니모닉을 직관적으로 이해하는 데 매우 중요하다.

솔직히 3번의 경우도 완전히 신뢰 지점이 없진 않다. 왜냐하면... 니모닉의 체크썸을 계산하는 과정에서 해싱을 해야 하기 때문이다. 손으로 SHA256 함수를 계산할 수 있는 게 아니라면... 캐롤은 어떤 기계에게 체크섬 생성을 맡길 수밖에 없다. 그러면 적어도 그 과정에 대한 이해의 폭은 제한될 수밖에 없다.

오프라인에서 계산하는 경험들이 왜 직관적인 이해에 더 도움이 될까? 그 과정들을 자신이 온전히 통제하기 때문이다. 기계에 맡겨야 하는 순간에는 그 기계 안에서 무엇이 일어나는지 알 수 없으며 따라서 자신의 통제 밖에 있다.

펜락 프로젝트

서론이 길었다! 다시 샤미르 분산 이야기로 돌아오겠다. 샤미르 분산을 '손으로 계산'해 키 조각을 만들고, 키 조각들을 모아 다시 오프라인에서 '손으로 계산'해 하나로 만들 수 있을까? 거의 불가능에 가까울 것이다!

그런데 이번에 BSL 컨퍼런스에서 펜락 프로젝트에 참여하고 있는 한 분을 우연히 만나 인사를 나눴고, 며칠 뒤 있는 비트코인 서울 컨퍼런스에서 그 분이 나한테 선물을 주셨다. 바로... 아래 사진의 회전판이다. 직접 가위로 자르고 핀을 꽂는 것까지 봤다(컨퍼런스 강연 중에 뒷자리에서 가위로 자르고 있어서 웃음을 참을 수가 없었다ㅋㅋㅋ). 나는 이 귀엽고 조악한 회전판을 처음 봤을 때 이 위력에 대해 알지 못했다...

이 펜락 프로젝트 회전판은... 샤미르 분산처럼 하나의 키를 키 조각으로 나누고, 그 키 조각들을 오프라인에서 원래 키로 복구할 수 있게 만들어준다. 이게 작동하는 걸 처음 봤을 때 나는 정말 정말 x21 엄청나게 놀랐다.

사용 방법을 간단히 말해보자면, 메인 키(니모닉)가 있으면 니모닉 한 단어의 앞 4개 문자만 적는다(이유는 다들 아실 거라 생각... 니모닉은 앞 4글자가 겹치는 경우가 없기 때문). 그 다음에 두 숫자를 뽑는다. 1–32까지의 숫자 한 장, 그리고 1–32까지의 숫자인데 흰 동그라미/검은 동그라미 나눠져있는 걸로 한 장(그러면 총 64가지 경우일 것이다). 그러면 32*64 = 2,048가지 경우가 나온다. 그리고 체크섬을 표에서 찾아 적는데, 솔직히 추가 체크썸이 왜 필요한 건지는 아직 이해를 못했다. 진짜로 이 오프라인 과정을 해보며 생길 수 있는 오류를 잡기 위한 체크썸인 것으로 이해된다.

어쨌든 하이라이트는 지금부터인데... 자, 니모닉에서 'F'라는 단어가 있다고 해보자. 그러면 아래 사진처럼 눈금을 F에다 둔다. 그 다음 랜덤한 숫자를 뽑는다. 그렇게 뽑은 숫자가 22이라고 해보자. 그러면 회전판 내부에서 22, 23, 24에 있는 문자를 각각 아래에 적는다. 이게 키 조각이다... F가 ① V, ② P, ③ J 이렇게 세 가지 조각으로 분할 된 거다.

이제 세 개의 키 조각 ① V, ② P, ③ J로 키를 복구하는 상황을 생각해보자. 만약 ③번 키 조각인 J가 화재로 날아가버렸다. 2 of 3이니 그래도 키 조각이 두 개만 있어도 복구할 수 있다. ①번 키 조각인 V와, ②번 키 조각인 P를 조합해 키를 복구해보겠다. 그러면 회전판을 움직여... P가 V를 바라보게 하면 된다. 사진에서 빨간 박스로 표시한 부분이다. 그러면 큰 눈금이 원래 키인 F를 가리키게 된다. 정말 미쳤다! 만약, ②번 키 조각 P와, ③번 키 조각 J가 있다면 J가 P를 바라보게 하면 된다. 만약 ③번 키 조각 J와, ①번 키 조각 V로 키 복구를 시도한다면 J가 V를 바라보게 하고, 대신 ③번이 ①번을 바라보게 하는 것처럼 순환하는 상황에는 큰 눈금이 아니라 내부 1번 네모칸을 읽어야 한다.

펜락 회전판의 뒷면을 보면 이걸 어떻게 구현했는지 대강 알 수가 있다. 펜락 프로젝트는 반지름을 조금씩 다르게 하고, 회전 각도를 서로소인 두 숫자를 이용해 글자들이 겹치지 않도록 구현한 걸로 보인다. 말로 설명했지만, 직접 해봐야 "미쳤다!" 소리가 저절로 나온다. 이거 직접 해보면 ~비속어가 나올 정도로~ 놀란다. 정말로.

펜락 프로젝트는 오픈 소스라고 하고, 최고 개발자는 ganrama이다(사이트는 아직 베타라서 내용들이 채워지고 있는 걸로 보인다ㅎㅎ).

https://github.com/ganrama

https://beta.penlock.io/

나는 비트코인에서 나오는 프로젝트들을 일단 의심부터 하고 보는 편이다. 그런데 펜락은 직관적으로 다 이해가 되기 때문에 현재는 우려할만한 점이 생각나지 않는다. 비트코인 프로젝트들 중에는 편리함, 보안, 프라이버시 중 무언가를 희생시키고 그걸 교묘히 감추려고 하거나 비즈니스 모델을 만들다가 초기의 정신을 잊는 경우가 많다. 그런데 이 프로젝트는 그에 해당할 만한 게 없는 것 같아서 일단 의심의 눈초리를 거두고 응원한다. 내가 오프라인에서 직접 키를 분할해보고, 조합해본 경험이 너무 강렬하게 작용했기 때문인 것 같다. 펜락 대표 개발자가 올해 하반기에 기회가 된다면 한국에서도 소개하고 싶다고 하니 계속 관심을 갖고 지켜보려고 한다.

@ 5627e59c:d484729e

Nooit is mijn dans echter\ Dan net nadat het regende\ Want regen biedt een kans\ Om mijn gevoel te voelen

Zolang de regen spettert\ En ik mezelf graag zie\ Wordt er niets verplettert\ Ook al lijkt dat soms wel zo

Zodra de regen ophoudt\ En zich terugtrekt met de wolken\ Komt een nieuwe glans\ Voor het eerst mijn ogen binnen

Wat is het leven heerlijk\ Als ik eerlijk ben en voel\ Wat is het leven zacht\ En het brengt me naar mijn doel

Wat zou ik weten zonder regen\ Gewoon steeds evenveel\ Niet groeien is niet leven\ Daarom dans ik het liefst

Net na de echte regen

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

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

• Upcoming updates for Bitcoin Safe include Compact Block Filters.

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

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

What's new in v1.3

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

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

Announcement / Archive
Blog Post / Archive
GitHub Repo
Website

@ 84b0c46a:417782f5

やること

• [ ] るみ　初期のわかりにくごちゃ設定を何とかする
• [x] るみ　シーンおんのやつみなおしてみる
• [ ] やってることまとめるやつ
• [ ] びうあ　publishのリレー状態チェック
• [x] るみ　10002並べ替え
• [ ] るみ 10030の並べ替え？
• [ ] カスタム絵文字のやつ
• [x] まきもの　naddrを渡して編集画面開く
• [x] るみ naddrの更新ボタン
• [ ] ニーサ
• [ ] クレカのポイント使い切って、他のクレカ契約できたら、今のクレカ解約する(アマゾンかなんか)

• [x] るみ 書き込むたびにチェックマークが増えてくよ

  nostr:nevent1qvzqqqqqqypzpp9sc34tdxdvxh4jeg5xgu9ctcypmvsg0n00vwfjydkrjaqh0qh4qyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpz9mhxue69uhkuenjv4kxz7fwv9c8qqgnwaen5te0xyerwt3s9cczuvf6xsurvwgpzdmhxue69uhhwmm59ehx7um5wghxuet5qythwumn8ghj7mn0wd68ytnfw36xzmndduhx6etwqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqqzpzatskhfw95aj6g0tex2c5wy0ydlrnts8lk7du60t906d23p7ch4whv3xm

• [x] るみ 画像表示させる前にワンクッションメニュー

• [x] るみ ステータスのカスタム絵文字、挿入と変換
• [x] るみ　30023のembedが常にワンクッションになってる見→たぶんきのせい
• [ ] るみ　ブロックリレー10006を読む
• [ ] るみ　poll 期限後の投票は無視する
• [x] るみ　引用のaをqに
• [ ] スマホ📱 au解約/IIJ契約
• [ ] 掃除

デイリー

• うめちぇっく
• 薬飲む
• 生姜接種

@ 5627e59c:d484729e

My life is my way Home\ My death is my arrival

I can't wait to be Home\ And so I love life

I can't wait to be Home\ And so I want to live to the fullest

For there are no shortcuts

Many people die\ And never make it Home

They will have to wait\ For another chance to die

Another chance to live fully\ And die totally

I'm so thankful to be alive\ I'm on my way Home

I'm so thankful to be alive\ To have another chance to die

Every day I take a step\ In the direction of my death\ I do not postpone it

Every day I take a step\ In the direction of my truth\ I do not avoid it

It is who I am, always have been\ And always will be

It lies beyond that door\ That keeps everything in check

Where only can go through\ Which is forever true

@ 04c915da:3dfbecc9

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

Concern

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

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

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

Optimism

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

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

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

Realism

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

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

@ 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].

---

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

@ 2b998b04:86727e47

🌋 Ka ʻImi i ka Pono: Seeking What’s Right

A 7-Day Series on Sovereignty, Bitcoin, and the Soul of the Islands

> "Man is not free unless he wills to be free."\ > — Johann Gottlieb Fichte

Hawai‘i understands sovereignty. It always has.\ But it was taken — first with pen and politics, then with force and fiat.

Bitcoin offers something different:\ A way to reclaim sovereignty without violence.\ A tool for self-rule, not state rule.\ A system built not on empire, but on truth and time.

This week, I’ll be posting a 7-part series exploring this tension:\ Between the Hawai‘i that was, the system that is, and the future that might be — if we choose to build on bedrock instead of paper.

I don’t know if there’s a traditional Hawaiian word for a 7-day week — maybe there doesn’t need to be.\ Time moves differently on these islands.\ But for the next 7 days, I’ll mark each reflection as a kind of modern lā hoʻomanaʻo — a day of remembering, reckoning, and restoring.

This is personal. It’s philosophical. It’s also unfinished.

But that’s what sovereignty looks like:\ Not something given — something reclaimed.

Stay tuned. Stay akamai.\ 🟧\ — Andrew G. Stanton (aka akamaister)

@ dfa02707:41ca50e3

• This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.

• Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
• Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.

"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.

What's new

• Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
• PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
  • Pushing transactions through Soroban can be deactivated by setting NODE_PANDOTX_PUSH=off in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
• New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
  • New:
    • /latest-block - returns data about latest block
    • /txout/:txid/:index - returns unspent output data
    • /support/services - returns info about services that Dojo exposes
  • Updated:
    • /tx/:txid - endpoint has been updated to return raw transaction with parameter ?rawHex=1
  • The new /support/services endpoint replaces the deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

Other changes

• Updated ban script to disconnect inbound Knots nodes.
• Updated Fulcrum to v1.12.0.
• Regenerate Fulcrum certificate if expired.
• Check if transaction already exists in pushTx.
• Bump BTC-RPC Explorer.
• Bump Tor to v0.4.8.16, bump Snowflake.
• Updated Bitcoin Core to v29.0.
• Removed unnecessary middleware.
• Fixed DB update mechanism, added api_keys table.
• Add an option to use blocksdir config for bitcoin blocks directory.
• Removed deprecated configuration.
• Updated Node.js dependencies.
• Reconfigured container dependencies.
• Fix Snowflake git URL.
• Fix log path for testnet4.
• Use prebuilt addrindexrs binaries.
• Add instructions to migrate blockchain/fulcrum.
• Added pull policies.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ 79be667e:16f81798

I am here too\ In the same space like you

In the same situation I'm in\ It's a matter of positioning

I cannot leave this place I'm in\ It was brought about\ By what's been happening

So please don't look at me\ For what I can or cannot do for you\ But look at what is happening for me\ And what is happening for you

Let's communicate\ Not orchestrate

Because there's something I wish to do\ And there's a place I wish to go to

And I'm sure that there is too\ In your heart a fire\ Known by only you

So let us listen, look and see\ For what's true for you\ And what's true for me

That we may act upon what's here\ In order for us both to take a step\ In the direction we wish to steer

@ 4fe14ef2:f51992ec

Howdy Stackers,

Leave a comment below to share your hustles and wins. Let us know what you've sold this week. Have you sold it for bitcoin, sats or zaps? It doesn't matter how big or small your item is, solid or digital, product or service.

Just share below what you’ve listed, swapped, and sold. Let everyone rave on your latest deals!

Like and repost ^1:

https://stacker.news/items/1004320

@ a296b972:e5a7a2e8

Europa sitzt in einem Demokratie-Simulator. Auf die Scheiben im Cockpit werden Bilder projiziert, die nicht der Realität entsprechen, und es gibt immer noch zu viele Menschen, die diese Simulation nicht erkannt haben.

Nichts wäre erstrebenswerter, als über eine positive Entwicklung, hin zur Vernunft und realitätsbezogenen, auf Tatsachen beruhenden Entscheidungen, berichten zu können. Die Frage ist, ob nicht zuerst unentwegt auf Missstände hingewiesen werden muss, um weitere Menschen dazu zu bewegen, sich denjenigen anzuschließen, die offensichtlich an Indoktrinationsintoleranz leiden.

Wer sich vor Hofberichterstattung und die tägliche Fahrt durch die Gehirnwaschanlage schützen will, der meidet den öffentlich-rechtlichen Unfug und die einschlägigen Käseblätter, die vielleicht noch halbwegs dazu geeignet sind, den Fisch auf dem Markt einzuschlagen, um ihn nach Hause zu tragen, vorausgesetzt, man kann ihn sich noch leisten.

Die Neuen Medien liefern die Informationen, die man sonst im „Qualitäts-Mainstream“ nicht finden kann, was nicht verwundert, denn infiltriert von willigen Erfüllungsgehilfen, die Angst um ihr Prestige und ihre Stellung haben, kann man hier keine freie Berichterstattung erwarten.

Beste Unterhaltung bietet auch die Bundespressekonferenz-Show, auf die schon näher eingegangen wurde. Offizieller Regierungssprech in höchster Perfektion. Ob man dort wirklich davon überzeugt ist, dass es irgendjemanden gibt, der diesen Verlautbarungen Glauben schenkt? Was hat Tante Käthe immer gesagt: G E L D   L O C K T   I M M E R !

Was also tun? Die Neuen Medien auch noch meiden, und sich vor dem blanken Wahnsinn schützen, in dem man ihn ignoriert, was jedoch nicht bewirkt, dass er nicht mehr da wäre.

Temporäre Abstinenz tut auch hier gut, allerdings ist der Wiedereinstieg so ähnlich, wie der erste Arbeitstag nach einem zweimonatigen Urlaub, falls man nicht in seinem Lieblings-Job gelandet ist.

Und was, wenn die Irren vollends durchdrehen, und man bekommt es nicht mit? Schön, ändern kann man vielleicht wenig, aber man kann sich vielleicht noch eine richtig gute, edle Flasche Rotwein kaufen, und die am Vorabend des Untergangs genießen, oder noch schnell einen Baum pflanzen.

Hier ein Beispiel für jemanden, dessen besonderer Blick sehr an den Universal-Gesundheits-Klima-Hysteriker erinnert:

https\://rumble.com/v6umjdj-respekt-und-anerkennung-deutscher-general-lobt-ukrainische-angriffe-in-russ.html

Wie sieht der Alltag aus, wenn man sich einmal nicht mit den Informationen über Dauer- Bekloppte beschäftigt?

Wenn sich ein Besuch in der nächst größeren Stadt nicht vermeiden lässt, sieht man vor allem gehetzte Menschen, viele mit einem finsteren Blick, anders, als früher.

Viele zahlen mit Karte oder ihrem Handy, Kleckerbeträge. „Zahlen Sie noch bar, oder schon mit Überwachung?“, wünschte man sich, dass die Verkäuferinnen den Kunden fragen würden. Tun sie aber nicht.

Die Menschen scheinen keine Ahnung zu haben, was auf sie zukommt. Im Oktober soll der digitale Euro eingeführt werden, natürlich zuerst nur freiwillig. Was das bedeutet, kennt man ja schon. Freiwilligkeit durch das Schaffen eines Raumes, in dem der Zwang in der Luft hängt, wie damals der Kohlenstaub im Ruhrgebiet. Es wird die persönliche ID vorangetrieben, mit einem Wallet, das die Anonymität und die persönliche Freiheit immer mehr aushöhlen will.

Europa soll unter einen Demokratie-Schutzschirm gestellt werden, der zu nichts anderem dient, als dass diejenigen, die derzeit glauben zu wissen, was gut für die Menschen ist, ihre kruden Vorstellungen auch durchsetzen können. Zweifelhaft, was in den USA vorgeht, was da gerade mit Palantir, natürlich nur zur Sicherheit der Amerikaner, so im Hintergrund schon anläuft. Hierzu gibt es interessante Informationen von Regenauer und Tögel. Einziger Hoffnungsschimmer, besonders für Deutschland: Das klappt sowieso nicht. In den hintersten Bergdörfern in den italienischen Alpen gibt es Glasfaseranschluss, und fährt man in Deutschland auf’s Land, reiht sich Funkloch an Funkloch.

Die wirklich wichtige und große Frage ist, wie können sich Gemeinschaften, die diesen Irrsinn nicht mitmachen wollen, weitgehend aus dem System ausklinken? Bitcoin ist ein erster Schritt zur finanziellen Unabhängigkeit. Eine regionale Lebensmittelversorgung, mit nicht verseuchten, genunmanipulierten, mit Schadstoffen weitgehend unbelasteten Produkten entwickelt sich ebenfalls schon sehr gut. Was, wenn der Zugang zu Informationen über das Internet von einer Anmeldung mit persönlicher ID abhängt und man will und hat keine? Was ist mit Dokumenten, wenn man verreisen oder das Land verlassen will? Was ist, wenn man krank wird und auf das noch vorhandene Rest-Gesundheitssystem angewiesen ist? Was, wenn das Unternehmen seine Mitarbeiter auf staatliche Anweisung zu etwas zwingen muss, was der Mitarbeiter vielleicht gar nicht will, er aber auf das Einkommen angewiesen ist?

Das alles sind Fragen, zu denen es schwer ist, auch in den Neuen Medien, passende Antworten zu finden. Die würden in der Tat Hoffnung machen, dass es ein Schlupfloch gibt, sich, wenn vielleicht auch mit Einschränkungen, den „demokratischen“ Verhältnissen, auf denen nur noch Demokratie draufsteht, aber sehr wenig bis keine Demokratie mehr drin ist, so weit es geht zu entziehen. Sachdienliche Hinweise gerne in der Kommentarfunktion.

Oder ist es „gesünder“, sich zurückzuziehen, die Klappe zu halten und dafür zu sorgen, dass man unter dem Radar bleibt? Diese Gabe ist leider nicht jedem gegeben. Besonders nicht denen, die einen ausgeprägten Wahrheitssinn und ein starkes Gerechtigkeitsgefühl haben.

Menschen die andere belügen, die werden geliebt. Menschen, die anderen sagen, dass sie belogen werden, die werden gehasst.

„Die Wahrheit ist dem Menschen zumutbar.“ (Ingeborg Bachmann)

„Kein Mensch hat das Recht zu gehorchen.“ (Hannah Ahrendt)

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

* *

(Bild von pixabay)

@ 96859d14:b06bf54d

Imagine you’re running through a vast, freezing forest with a group of friends. You don’t know why you’re running — you just know that if you stop, you’ll get colder, and if you get too cold, you might not survive. The air bites at your skin, your body is shivering, but you keep running because that’s what everyone else is doing.

Then, suddenly, someone spots a wildfire burning in the distance. It’s bright, warm, and wild, flickering unpredictably. There are already people gathered around it, calling out to you and your friends, “Stop running! Come here! There’s warmth, there’s safety!”

But nobody stops. The fire is growing and shrinking in unpredictable ways, and it scares them. “What if it burns us?” someone whispers. “What if it disappears and leaves us worse off?” another says. So, the group keeps running, choosing the cold they know over the fire they don’t understand.

But you’re curious. Something about the people around the fire seems different — they aren’t desperate, they aren’t shivering. They seem… secure. So, you stop. You approach them, ask questions, and listen. You stay for a while — one day, then two, then five. The more you learn, the more it all starts making sense.

“This fire isn’t random,” they explain. “It’s here for a reason, and if you understand it, it can keep you warm forever.” And then it hits you — you’ve spent your whole life freezing, and all this time, the answer was right here.

Now, you feel an urgency like never before. You have to tell your friends. You have to bring them back to this warmth before it’s too late. So you run after them, calling out, “Guys! Stop running! Come here, just for a little while! You don’t have to freeze to death. Just listen, try to understand!”

But they don’t stop. “We don’t have time,” they say. “That fire is too risky,” they argue. “We saw it grow and shrink wildly — it could burn out at any moment!” they insist. No matter how much you try, they refuse. And as time passes, they run farther and farther away, making it even harder to come back.

Enter Bitcoin

This is exactly what’s happening with Bitcoin. Most people are running, chasing assets that lose value(in absolute real terms) over time — cash, stocks, real estate, anything that promises a yield. But they don’t see the problem: every one of these assets is bleeding energy. Inflation, depreciation, and central control erode their value, year after year.

Bitcoin, on the other hand, is like the fire in the cold forest. It resists entropy, preserving monetary energy and maintaining its ability to store value over time. Yet, people are afraid of it because it’s volatile, unpredictable, and unfamiliar. They see the price swing wildly and think it’s dangerous, not realizing that over time, it has always trended upwards. They hear misinformation, compare it to things it shouldn’t be compared to, and fail to grasp its true nature.

If only they would stop and listen — just for a little while. If they asked the right questions and sought real understanding, they would see what you now see. But they won’t. They keep running, clinging to their familiar assets, chasing returns that barely keep up with inflation, unaware of the opportunity they are missing.

The longer they wait, the harder it becomes to turn back. Bitcoin adoption grows, its scarcity becomes clearer, and the cost of entry rises. The window to “just try it for a few days” gets smaller and smaller.

So you keep calling out to them, hoping someone will stop, hoping someone will listen. Because you know the truth: the fire isn’t dangerous — it’s salvation in a freezing world.

I just wanted to help people — but over time, I’ve realized that most people don’t recognize that others aren’t necessarily looking to help them. They see every trade or interaction as a zero-sum game — either they win, or you do — because that’s the FIAT mindset at work.

There has never been a trade where both truly win — until Bitcoin. With Bitcoin, we both win.

@ e9d7ed6f:f52b3346

Bitcoin is not for everyone but open for everyone. As a teenager, Bitcoin has already seen massive sprout growth surpassing Amazon's market value, becoming the fifth most valuable asset in the world and aiming to surpass gold that has been around us for the last 5,000 years. According to coinworld, Bitcoin trails only behind Apple, Microsoft, NVIDIA and ofcourse the shinny yellow metal of antiquity, gold in terms of market capitalization. Its clear to see the hormones are firing. Institutional adoption, regulation clarity, geopolitics, inflation are all fueling speedy growth and adoption for Bitcoin around the world.

As we witness this unprecedented speedy growth of Bitcoin, the decentralized network of consensus, nodes and mining power, toes are reaching the ceiling of the shoe. Most countries are on a Bitcoin rush hour either making Bitcoin legel tender, crafting regulatory policies, establishing strategic reserves, Bitcoin ETFs, Bitcoin educational programs and developing smart contracts. Bitcoin is indeed decentralized, dusting off the old double spending centralized ledger, transfoming the way we appoach finance.

In the midst of all this Bitcoin fuss, one may wonder, what's Malawi's position on Bitcoin? Where does Malawi place Bitcoin? What's the state of affairs for Bitcoin and Crypto currencies in Malawi? Is Malawi noticing the trends, is the sky any orange? Are there any Bitcoiners, miners, nodes? Can Malawi place itself in a position to benefit from this Bitcoin phenomenon? Do we have any free energy resources to utilize for Bitcoin mining, policy framework, regulation and make it actually legal tender? Is there even any interest in Bitcoin at all in Malawi?.

The state of affairs for Bitcoin in Malawi is as bright and promising however, its going to take a shovel, digging and getting dirty. In a nutshell, lets have a litmus test, exploring a brief historical background of Bitcoin in Malawi, Bitcoinboma organization & education, Women of Satoshi initiative & ofcourse, Malawi catch Bitcoin if you can. There maybe other unofficial record to the specific historical background of Bitcoin and Crypto currencies in Malawi that as of the time of writing are missed. Reach out, feed me in comments or reach out via my Twitter (X) handle @pacharo_w

1. Historical background of Bitcoin As Bitcoin is heading for the economic throne, the Malawian Kwacha continues to dwindle down the tunnel. Purchasing power seems to slip and fall on the muddy economic road to a point where a basic necessity, sugar has hit a record high price of MWK 5,000.00. The prices are the sponge soaking all the excess printing of the currency generated by commercial banks and our central bank which by the way is the guardan of the Malawian kwacha. Speaking of the lender of last resort, a report by Miriam Banire on Crypto adoption around the world: Malawi stated Reserve Bank made it clear that cryptocurrencies are not considered legal tender and their use remains illegal.

The report further highlighted by stating, " RBM bears the exclusive mandate to issue legal tender, thus, bank notes and coins in Malawi, and to date, has not issued any form of cryptocurrency. The general public is encouraged to fully understand and be aware of the risks associated with the use of cryptocurrencies and similar online trading schemes, which include money laundering, vulnerability to cybercrimes, hacking and other fraudulent activities.” A statement from the former Governor of RBM, Dr. Dalitso Kabambe.

In the light of this, 2022 seems to be the official opening entry of Bitcoin and all crypto currency discussions in Malawi. Bitcoin was treated as just any other cryptocurrency and assumably needing a more careful approach to it. A strong emphasis that the RBM bears exclusive rights to issue legal tender currency in form of notes and coins drew a clear line, underlining risks such as fraudulent schemes, money laundering and cybercrimes if not monitored or regulated by the central bank.

In 2023, the same report stated that RBM was aware of cryptocurrency trade activities and there was mounting pressure from organizations such as ICT Association of Malawi as well as Economic Association of Malawi on formulating a regulatory policy and giving a clear stand on legal status for cryptocurrencies. The secretary of RBM and general counsel mentioned in further development in the report of engaging verious stakeholders in crypto regulation and having a neutral stand.

This implies that the governments position is still not yet clear and not known on where it stands on all this. However, they are aware and their attention is undivided.

Malawi is also a member of the World Economic Forum. An international independent egency that aims at improving the state of the world by involving the business communities, governments and institutions in crafting policies, guidelines and really put in effect agendas seeming fiting for a cause. Does it sound like Malawi perhaps may have been trying to explore its first Central Banking Digital currency?

WEF clearly advocates for a cashless society and has pushed for central banks in its membership to craft a Central Banking Digital Currency. As word on the corner travels so fast, Malawi seems to have called for consultations for a CBDC which its prototype patent is called the 'e-kwacha.' A digital currency that will be issued by the state, perhaps that will also go side to side with the physical notes of the Kwacha.

Progress of this project has so far went under the sheets as not much has been heard or speculated but we have our three eyes and three ears open to see the unfoldings of any development.

BITCOINBOMA, EDUCATION AND WOMEN OF SATOSHI

All roads to Bitcoinboma began in 2022, when Malawi including the rest of the world were recovering from aftermath of COVID-19 pandemic which was declared by World Health Organization. By this time a lot of business activities had slowed down, most private sector had been on a lock down and others working remotely.

Demand and supply command lines had drastically dropped. Masks had to be worn in all public places and atmosphere was utterly dry. Physical meetings seemed a challenge, gathering as crowd suddenly was a taboo but as history continually speaks and repeats, such times on the opposite side, opportunites loom for light. Two gentlemen, Nick Twayman and Grant Gombwa were actively sparkling Bitcoin conversations, deliberating Bitcoin and its state in Malawi. They started hosting space talks, engaging with fellow bitcoiners and audiences across the world via on twitter (X).

As if they were men on a mission to the Creature of the Jerky Island to draft a BitcoinBoma bill, it is believed that in 2023, August was the first time a Bitcoin physical Meet up happened in Malawi, right in the heart of the capital city at MHub Area 15, Lilongwe. There were fifteen participants and amongst many things they shared ideas of Bitcoin, state of legality, education and awareness as well as its adoption in Malawi. The aftermath of this meeting encouraged Grant and Nick to develop an idea of an organization. Interestingly, it was the wife of Nick that came up with the name "BitcoinBoma." Perfectly fitting, the name "Boma" stands for "place where people live" also it stands for " Government." Bitcoin being for the people, serves the society, a universal digital currency, the name absolutely placed everything in order fitting the context and representation.

BitcoinBoma was born in August, 2023 and made its first steps by intergrating the themes of social interaction, environmental awareness and economic enpowerment of Malawians. This organization advocates for the use case of Bitcoin as a legal tender currency, offering an altenative along side the Kwacha, seeking framework and acceptance as means of payment for goods and services. Bitcoin finally had a home in Malawi, BitcoinBoma.

Later, Ian Foster, a chartered accountant, economist, business analyst and ofcourse a Bitcoin maxi teamed up with the cofounders of BitcoinBoma and went together for a Bitcoin voyage conference in South Africa towards the end of 2023. After this conference, he later joined Bitcoinboma & also highlited his personal efforts of engaging Malawi government on the Bitcoin course which amongst other things included negotiating with the government of Malawi, through the Ministry of energy resources and Mining. He proposed an opportunity to utilize the water energy which powers the electric hydro-power plant grid that powers and generates electricity for Malawi. In the proposal, the abstract was utilizing and boostering efficiency of generating electricity through Bitcoin mining.

Later in May, 2024 BitcoinBoma collaborated with Trezor academy to host their first Bitcoin Education seminar and it happened in the month of July, 2024. They were 12 participants who completed a 3 day seminar series, scooping certificates of attendance, crafting cyberhornets of Bitcoin to preach the gospel of Bitcoin to the masses. These efforts proved a success and opened the door of an opportunity to embark on the first BitcoinBoma Diploma education journey. Towards the year end of 2024, BitcoinbBoma successfully launched the Bitcoin Diploma education campaign and registered its first Cohort students to embark on an education program.

November 16th, 2024 was a special day. It was packed like its a chrismas day where all relatives are sitting and laughing on a round table. BitcoinBoma hosted a Bitcoin 101 session with a special guest who later has become an incredible pillar of strength in BitcoinBoma. Talking of electrical Engeenier a Bitcoin powerhouse, vastly experienced, some grey hair we were privileged to meet and have Olev Maimets, all the way from Canada. He detailed the significance of Bitcoin, why Bitcoin and how his life has changed by embarking on Bitcoin. To this day, Olev is an anchor, a tutor, an aid and alley of BitcoinBoma.

Later, Ian travelled to El- Salvador, where his mission was to raise awareness and apply for BitcoinBoma to be a Mi Primer Bitcoin node and on 5th January, 2025 Bitcoinboma took its first step embarking on its first education program.

On the February 12, 2025 BitcoinBoma received an upvote representation of 56 votes to become a light node.

As history of BitcoinBoma continued to unfold, a new alley emerged from the shores of the fresh waters of Malawi. A briliant, creative and passionate Doctor and a junior Bitcoin protocal developer who cofounded a cooperative initiative called Women of Satoshi.

WOMEN OF SATOSHI This young ambitious professional doctor and junior Bitcoin developer by the name of Yankho Ngoleka took advantage of his challenging profession and made it to an opportunity by concretrating on how marginalized and vulnerable young women and women can build from scratch using an idea known as 'Sats Mkhonde.' The idea loiters a common traditional women's' Bank m'mKhonde, where women can form a cooperative and loan each other currency to support their existing business and pay it back after a given period of time for others to access. ' The name is an imagery that means, ' the Bank is within the veranda' so to say, ' the Bank is close to you.'

Earlier, it was highlighted how small scale businesses are really the skeleton of Malawi's economy. One of their major draw back is how FIAT currencies wash off the purchasing power for their gains in the small businesses they run. In the long run if these business erode with hyperinflation, then chances are they wont survive. Absence of these businesses means a cut in business supply chains, collapse of production and destruction of a family unit.

How can these businesses be recession proof? Women of Satoshi has a unique answer. If these businesses have access and adopt Bitcoin as altenative digital currency portfolio then it stretches the life span of their investment and savings. Bitcoin is a store of value and fares well with time. Women of Satoshi aims to educate and let women pioner 'Sats Mkhonde' initiative which will be a cataylst in creating a Bitcoin circular economy. As BitcoinBitcoinboma picked its perks, it partnered together with Women of satoshi and shared together the vision of awareness and education for Bitcoin in Malawi. In the months of March- April of 2025, BitcoinBoma and Women of Satoshi collaborated with Trezor Academy for a Bitcoin seminar at MUBAS ( Malawi University of Business Applied Science) which was a success.

MALAWI CATCH BITCOIN IF YOU CAN

When there's a dead rat in the ceiling, no matter how you clean the house, the cent of it will keep you outside the house. When you have a currency plundered by catastrophic loss of purchasing power, it will keep you out of reach for prosperity.

There is a lot of mirage on the state of affairs of the Kwacha. It seems the more we use it as a medium of exchange and store of value, the greater it plunges. The rate of its velocity seems to concur to the speed of light and prices are soaring to the point they can break the dome. The underwhelming performance of the Kwacha places every citizen on blink of loss, financial paralysis, uncertainty and instability of the nation.

There are a lot of schools of thoughts, we have brilliant economists, well grounded institutions that act as an eye and they have solid data with all the charts in place. As of writing, trading economists, reports an exchange rate rise of MWK 1,734/1 USD recording a 0.02% increase as of 10th June, 2025. In contrast, the Kwacha performed lower last month giving a 0.02% & a lower turnover of 0.03% from the previous twelve months check

On the opposite side, the reality speaks a different language. Regardless of the slight gain, prices of commodities which are an indicator to the purchasing power of the currency continue to climb up. Every commodity seems to react with any speculation, rumor mill, geopolitics and ofcourse trends with the US Dollar, cases of both white market (Bank rate) & black market(Unregulated US Dollar market rate).

Fuel availability is also one catalyst that sets the wildest fires of price hikes. Just a slight hint of fuel shortage, sets ablaze prices of every commodity leaving a wallet only ashes and dust. A fuel shortage can get the price of fuel at MWK 10,000 or above per litre as compared to the official pump price of MWK 2,530 for Petrol and MWK 2,734 for diseal as of writing. According to statista, Malawi has one of the highest, in fact the first country on the list for the highest gasoline prices.

Confidence & purchasing power of the Kwacha is extremely reliant towards availability of US Dollar. What institutions of trust miss as guardians of the Kwacha is we legitimize the Kwacha to another collapsing currency, the US dollar. The dollar standard since 1971 has never mantained any purchasing power. It has in fact failed to keep its grip as a store of value as time can attest its stability and strength. This is the case with all FIAT currencies throughout history. Price inflation of commodities has always signalled a weak currency due to over excessive printing, government deficit spending for social programs, ever ending construction works, social cash transfers amongst other things. Whenever, the money supply is tampered with, a loss in the purchasing power is inevitable. The institutions we trust to save guard the purchasing power of the currency fail to uphold the principle and never mention or question the money supply problem. They chose shortcuts that bypass the natural principles of free markets.

This is like keeping a dead rat in a home, if you can't locate it, the smell will choke the nostrils.If we are to reverse the situation, we need to fix our home by addressing the problem of this dead rat. A deep search, proper cleaning utensils and some odor deodorant should aid the cleaning process. Malawi should properly position itself on the stand of legalizing use of Bitcoin and handling FIAT currencies. The fate of the Malawian Kwacha is sealed and will continue to dwindle, losing its purchasing power as currency supply is never ending always fuelled by excessive spending and debt by the governmentt. This where Malawi must Catch Bitcoin if it can.

Loss of purchasing power and currency debasements are an ever ending circus. Excessive spending is a key feature for governments and when future prosperity is spent presently disasters looming in the future are always unavoidable. So how can Malawi avoid such catastrophes?

Allowing Bitcoin side with the Malawian Kwacha, it can combat forex challenges. Bitcoin doesn't have an exchange rate. It is 'the money itself.' It has a use case backed by computational power, network and cryptographic intergrated security. Nations can use Bitcoin to exchange value and communicate bilateral agreements without holding each others currencies to facilitate trade. There's no risking sabotaging the whole nation using primarily one instrument and medium of exchange. Bitcoin can allow Malawi to engage and exchange value, talents, resources and boom emerging markets with Bitcoin provided a framework is put in place to support Bitcoin. Using Bitcoin, will bypass almost all barriers to access international goods as well as export locally made goods to other countries.

Again, Bitcoin offers an altenative to the currency. No forex? No currency printer? Well, no problem, we have a stable altenative that can be used and still have access to international market. The 'one option only' conveys to limitation. Malawi markets are very vibrant, possibilities are limitless. We have producers who produce more and consume less. The pieces all collapse if there's one firm point holding the entire financial infrastructure. So if the dollar collapses, the Kwacha must follow trend. As all FIAT are nothing but IOUs, backed by the faith, trust and realiance of government. When the government seizures, the currency will follow too. Alternatively, this is not the case with Bitcoin. Built in scarcity and difficulty adjustment in its release, it keeps its inflation in check, having an equilibrium supply and creating more demand that brings about stability in the free market.

Truth is majority of the citizens panic and worry of faith in the Malawian kwacha. Everyone complains of high costs of living, that the wage isn't as good and fails to uphold coverage for a family. Adding a side hustle, two or three jobs and shifts, lending capital to farm all as a thousand ways to invade inflation. As prices will forever continue to sore, the market also keeps an eye and Grasham's Law always takes effect. (Grashams Law, Bad money drives out good money). The MWK 20.00 Malawian currency note could buy some candy back in the days. If we stretch this further it was a wage in the 1930''s to 60's. Today a MWK 20 note barely affords to make any purchase. At face value its useless on market, just a paper and a number on it. Some merchants don't accept it, being the weakest link and can't really purchase anything of value although it still has legal status and backed by government. The government through Reserve Bank of Malawi cautioned its citizenry that the MWK 20 note is still legal tender and must be accepted and used and warned those merchants refusing may face the law.

Well i hope i won't face the law with this.

Bitcoin may be the answer to questions majority of small scale businesses have who, constantly question legitimacy and fragility of the Kwacha. Price shocks ultimately dilute the little gains these businesses make, sending them back to the drawing board with really no insurance, surplus capital or compensation for the flooding Kwacha. Inflation of Kwacha undermines the capital power of these businesses and yet they are the skeleton that hold the muscle of the economy. Many of these are local vendors who tirelessly roam around in the urban city and rural areas, small shops also called 'Okala' who at many times order goods from other retail and wholesaler shops. When price shocks happen, their tables scatter and really have no choice but to also raise their prices. It gets to the point that at times one may not know how much they are they going sell their goods or what price is one going to buy.

On the other hand, Bitcoin which has proven time and again to be stable could protect, insure these businesses against these catastrophes. The deflationary measure can help a portion of their business capital be insured in the form of savings.

Bitcoin doesn't have a price and can't be measured to a collapsing currency to determine its value. The underlining statement is 1 Satoshi will always equal to 1 Satoshi, 1 BTC will always equal to 1 BTC. A digital currency with such a store of value feature in its feathers can really be an altenative, a reliable economic container, storing value for a really long time and can safely land any small business enterprise on a flying wheel.

So whats next... Let me wrap up by sharing an amazing experience i had with the students i teach at my school. Am huge fan of football & its encouraging to see young girls play soccer. At my school, on this particular day, i had fun seeing and cheering them play for a prize and they absolutely went nuts and loved it.

I offered them MWK 10,000 prize, about 5,280 Sats, $5.77 as of writing & the winners took it all. I know one day they will get to understand Bitcoin and why, they will also accept Bitcoin as payment.

One day they will have their football kits labelled Bitcoin and own Bitcoin branded football boots and balls. If you think this is a great idea, share, express your views and suggestions in the comments, I'd be so excited to hear them.

Am also a developing roockie blogger, you can rate my pen skills and give any meaningful suggestions.

Sources:

@ 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» möchte 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.

@ 79be667e:16f81798

Kan jij zien, er is geen hemel\ Probeer het zelf, dan lukt het wel\ Geen hel staat ons te wachten\ Enkel sterren hangen ons boven het hoofd\ Kan jij zien, iedereen leeft voor dit moment

Kan jij zien, er zijn geen landen\ Het is niet moeilijk gewoon land te zien\ Niets om voor te moorden of te sterven\ Ook geloof wordt niet gezien\ Kan jij zien, het leven wordt geleefd door iedereen in vrede

Misschien zeg je, ik kijk niet naar jouw wereld\ Maar ik deel dit zicht met velen\ Moge ook jij zoals ons zien\ Wij kijken in de wereld en zien gewoon onszelf

Kan jij zien, er is geen bezit\ Ik vraag me af of jij dit kan\ Geen hebben of een nood\ In een samen-leving van mensen\ Kan jij zien, wij delen de wereld met elkaar

Misschien zeg je, ik kijk niet naar jouw wereld\ Maar ik deel dit zicht met velen\ Moge ook jij zoals ons zien\ Wij kijken in de wereld en zien gewoon onszelf

@ f85b9c2c:d190bcff

To all the dads, pops, uncles, big brothers, grandpas that are doing the father role.

I am sitting here during father’s day afternoon thinking about all the children across the world that for various reasons are not able to tell their dads happy father’s day. Before anyone thinks I mean anything negative by the above statement, I DON’T. I just want to shed light on all the male figures that step in to that role to help raise children.

Sending a big thank you to all the men who step up and help as a father figure despite their status.

@ 5d4b6c8d:8a1c1ee3

https://youtu.be/-ne8adkjY6A

Orlando gets Bane

Memphis gets KCP, Cole Anthony, and a bunch of picks

This move makes a lot of sense. Orlando needed someone like Bane and Memphis needed to break up their core.

https://stacker.news/items/1007156

@ 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

@ 04c915da:3dfbecc9

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

The Status Quo

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

Nostr Requires Responsibility

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

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

Future Nostr Security Improvements

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

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

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

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

---

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

@ 472f440f:5669301e

Marty's Bent

Sorry for the lack of writing over the last week. As many of you may already know, I was in Las Vegas, Nevada for the Bitcoin 2025 conference. It was my first time in Las Vegas. I had successfully avoided Sin City for the first 34 years of my life. But when duty calls, you have to make some personal concessions.

Despite what many say about this particular conference and the spectacle that it has become, I will say that having attended every single one of Bitcoin Magazine's conferences since 2019, I thoroughly enjoy these events, even if I don't agree with all the content. Being able to congregate with others in the industry who have been working extremely hard to push Bitcoin forward, all of whom I view as kindred spirits who have also dedicated their lives to making the world a better place. There's nothing better than getting together, seeing each other in person, shaking hands, giving hugs, catching up and reflecting on how much things have changed over the years while also focusing on the opportunities that lie ahead.

I think out of all the Bitcoin magazine conferences I've been to, this was certainly my favorite. If only because it has become abundantly clear that Bitcoin is here to stay. Many powerful, influential, and competent people have identified Bitcoin as an asset and monetary network that will play a large part in human society moving forward. And more importantly, Bitcoin is proving to work far better than anybody not paying attention expected. While at the same time, the fiat system is in woeful disrepair at the same time.

As a matter of reflection and surfacing signal for you freaks, here are the presentations and things that happened that I think were the most impactful.

Miles Suter's Block Presentation

https://youtu.be/iUXomXuXcuA

This presentation was awesome for many reasons, one of which being that we often forget just how dedicated Block, as an organization with many companies - including Cash App, Square, the open source organization known as Spiral and more recently, BitKey and Proto - has been to bitcoin over the last eight years. They've worked methodically to make Bitcoin a first-class citizen in their business operations and slowly but surely have built an incredibly integrated experience across their brands. The two big announcements from Block during the conference were the enablement of Bitcoin payments in Square point-of-sale systems and the amount of revenue they're making on their Lightning node, c=, from routing payments.

Right now, the Bitcoin payments and point of sale systems is in beta with many merchants testing it out for the next six months, but it will be available for all 4 million square merchants in 2026. This is something that many bitcoiners have been waiting for for many years now, and it is incredible to see that they finally brought it across the line. Merchants will have the ability to accept bitcoin payments and either convert every payment into fiat automatically, convert a portion of the bitcoin payment into fiat to keep the rest in sats, or simply keep all of the bitcoin they receive via payments in sats. This is an incredible addition to what Square has already built, which is the ability of their merchants to sweep a portion of their revenues into bitcoin if they desire. Square is focused on building a vertically integrated suite of bitcoin products for merchants that includes the ability to buy bitcoin, receive bitcoin, and eventually leverage financial services using bitcoin as collateral so that they can reinvest in and expand their businesses.

via Ryan Gentry

What went a bit underappreciated in the crowd was the routing node revenue that c= is producing, \~9.7% annualized. This is a massive validation of something that many bitcoiners have been talking about for quite some time, which is the ability to produce "yield" on bitcoin in a way that reduces risk significantly. Locking up bitcoin in a 2-of-2 multisig within Lightning channels and operating a Lightning routing node has been long talked about as one of the ways to produce more bitcoin with your bitcoin in a way that minimizes the threat of loss.

It seems that c= has found a way to do this at scale and is doing it successfully. 10% yield on bitcoin locked in Lightning channels is nothing to joke about. And as you can see from the chart above in the grainy picture taken by Ryan Gentry of Lightning Labs, this routing node "yield" is producing more return on capital than many of the most popular staking and DeFi protocols.

This is a strong signal to the rest of the market that this can be done. It may take economies of scale and a high degree of technical competency today. But this is incredibly promising for the future of earning bitcoin by providing valuable goods and services to the market of Bitcoiners. In this case, facilitating relatively cheap and instantly settled payments over the Lightning Network.

Saifedean Ammous' Bitcoin and Tether Presentation

https://youtu.be/SFUiGTayVL8

This was one of the best presentations at the conference. Saifedean Ammous is a friend, he has been an incredible influence on my personal bitcoin journey, and I feel comfortable in saying he's been a strong influence on the journey of hundreds of thousands, at least, if not millions of people as they've attempted to understand bitcoin.

This presentation is a bit spicy because it puts a pin in the balloon of hopium that stablecoins like Tether are mechanisms that could bail out the market for US Treasuries in the medium to long-term if they take enough market share. As one always should do, Saif ran the numbers and clearly illustrates that even in the most optimistic case, Tether's impact on the market for treasuries, their interest rates, and curbing the growth of the debt held by the US federal government will be minimal at best.

One of the most interesting things that Saif points out that I'm a bit embarrassed I didn't recognize before is that much of the demand for Tether that we're seeing these days is replacement demand for treasuries. Meaning that many people who are turning to Tether, particularly in countries that have experienced hyperinflationary events, are using Tether as a substitute for their currencies, which are operated by central banks likely buying U.S. treasuries to support their monetary systems. The net effect of Tether buying those treasuries is zero for this particular user archetype.

Saif goes on to explain that if anything, Tether is a weapon against the US Treasury system when you consider that they're storing a large portion of the stablecoin backing in Treasuries and then using the yields produced by those Treasuries to buy bitcoin. Slowly but surely over time bitcoin as a percentage of their overall backing of Tether has grown quite significantly starting at 0% and approaching 10% today. It isn't hard to imagine that at some point within the next decade, Bitcoin could be the dominant reserve asset backing tethers and, as a result, Tether could be pegged to bitcoin eventually.

It's a fascinating take on Tether that I've never heard before.

Nothing Stops this Train from Lyn Alden

https://youtu.be/Giuzcd4oxIk

Lyn's been saying it loudly for quite some time now; "Nothing stops this train." She's even been on our podcast to explain why she believes this many times over the last five years. However, I don't think there is one piece of content out there that consolidates her thesis of why nothing stops the train of fiscal irresponsibility and unfettered debt expansion and why that's good for bitcoin than the presentation she gave at the conference. Definitely give this one a watch when you get a chance if you haven't already.

Overall, it was a great week in Vegas and I think it's safe to say that bitcoin has gone mainstream. Whether or not people who have been in the bitcoin industry and community for a while are okay with does not really matter. It's happening and all we can do is ride the wave as more and more people come to recognize the value prop of bitcoin and the social clout they can gain from supporting it. Our job here at TFTC is to help you discern the signal from the noise, continue to champion the self-sovereign usage of bitcoin and keep you abreast of developments in the space as they manifest.

Buckle up. Things are only going to get weirder from here on out.

Bitcoin's Mathematical Destiny

Sean Bill and Adam Back make a compelling case for Bitcoin's inevitable march toward $1 million. Sean points out that Bitcoin represents just a tiny fraction—2 trillion out of 900 trillion—of total financial assets, calling it a "tiny orange dot" on their presentation to Texas pensions. He emphasizes that reaching parity with gold alone would deliver a 10x return from current levels. Adam highlights the mathematical impossibility of current prices, noting that ETF buyers are absorbing 500,000 BTC annually while only 165,000 new coins are mined.

"Who's selling at these prices? It doesn't quite add up to me." - Adam Back

The institutional wave is just beginning. Sean revealed that while 50% of hedge fund managers personally own Bitcoin, only 3% have allocated institutional funds. Combined with emerging demand from nation states and corporate treasuries meeting Bitcoin's fixed supply, the price trajectory seems clear. Both guests stressed the importance of staying invested—missing just the 12 best performing days each year would turn Bitcoin into a losing investment.

Check out the full podcast here for more on pensions allocating to Bitcoin, cypherpunk banking, and commodity trading insights.

Headlines of the Day

Panama Canal Eyes Bitcoin for Payment Option - via X

U.S. Warns of Imminent Chinese Threat to Taiwan - via X

Get our new STACK SATS hat - via tftcmerch.io

Saylor's Bitcoin Strategy Explodes Globally Amid Doubt - via CNBC

---

Take the First Step Off the Exchange

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

Take control. Start with Bitkey.

Use the promo code “TFTC20” during checkout for 20% off

---

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.

---

Final thought...

Moving is the least fun part of the human experience.

---

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:

@ 04c915da:3dfbecc9

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

Part One: 2029–2032

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

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

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

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

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

Time Jump: 2032–2047

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

Part Two: 2047

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

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

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

Key Differences

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

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

@ 5627e59c:d484729e

Love, I thank you for your warmth\ Ever lifting

You keep me charmed\ Ever drifting

May I be me\ And you be you

In a perfect harmony\ Embracing all life makes us grow through

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

News

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

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

• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.

• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable

@ 04c3c1a5:a94cf83d

nostr:nprofile1qyf8wumn8ghj7cnfw3ehgctrdvhxzursqyv8wumn8ghj7et49ec82unsd3jhyetvv9ujucm0d5qzqpxrcxj33hdgt40grhyqt9srj02ja2gw40twwsg04hhh8k55e7pajuqn23

hey

| hey | | | ----- | - | | | | | | |

@ 52b4a076:e7fad8bd

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

Regular relays have challenges

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

NFDB: A scalable database for large relays

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

Search

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

Personalization

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

Other

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

Calcite: A local microrelay database

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

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

For zero-downtime, NFDB is recommended.

Noswhere SmartCache

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

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

routerd

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

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

Ending notes

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

A lot more is to come. 👀️️️️️️

@ 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.

---

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.

---

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.

@ 7f6db517:a4931eda

What is KYC/AML?

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

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

Lists of Bitcoiners

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

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

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

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

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

---

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

@ 8173f6e1:e488ac0f

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

@ 6be5cc06:5259daf0

Introdução

O princípio do sola scriptura, pedra angular da teologia protestante desde a Reforma do século XVI, estabelece que apenas a Escritura constitui a autoridade final e suprema em questões de fé e prática cristã. Este princípio, formulado inicialmente por Martinho Lutero e sistematizado pelos reformadores subsequentes, pretende oferecer um fundamento epistemológico sólido para a teologia, livre das supostas corrupções da tradição eclesiástica.

Contudo, uma análise rigorosa revela que o sola scriptura incorre em contradições lógicas fundamentais que comprometem sua viabilidade como sistema epistemológico coerente. Este artigo examina essas contradições através de três perspectivas complementares: filosófica, exegética e histórica.

A Contradição Performativa Fundamental

O Problema da Autorreferência

O sola scriptura enfrenta um dilema epistemológico insuperável: afirma que apenas a Escritura possui autoridade final em matéria de fé, mas essa própria regra não é explicitamente ensinada na Escritura. Trata-se de uma contradição performativa clássica, onde o enunciado viola suas próprias condições de possibilidade.

Esta situação configura uma falácia de petitio principii (círculo vicioso), pois exige que se aceite uma doutrina que não pode ser sustentada pelas premissas do próprio sistema. Para estabelecer o sola scriptura, seria necessário recorrer a uma autoridade externa à Escritura – precisamente aquilo que o princípio pretende rejeitar.

Fundacionalismo Mal Estruturado

Do ponto de vista epistemológico, o sola scriptura apresenta-se como um fundacionalismo defeituoso. Pretende funcionar como axioma supremo e auto-evidente, mas falha ao não fornecer a base textual que sua própria metodologia exige. Um verdadeiro fundacionalismo escriturístico deveria ser capaz de demonstrar sua validade através de uma prova explícita nas próprias Escrituras.

O Testemunho Contrário das Escrituras

Limitações do Registro Escrito

A própria Escritura reconhece as limitações do registro textual. João 21:25 declara explicitamente: "Jesus fez também muitas outras coisas. Se cada uma delas fosse escrita, penso que nem mesmo no mundo inteiro haveria espaço suficiente para os livros que seriam escritos."

Este versículo é particularmente problemático para o sola scriptura, pois reconhece que nem todos os ensinamentos de Cristo foram preservados por escrito. Como pode a Escritura ser suficiente se ela própria admite sua incompletude?

A Valorização da Tradição Oral

Paulo, em 2 Tessalonicenses 2:15, oferece uma instrução que contradiz frontalmente o sola scriptura: "Assim, pois, irmãos, ficai firmes e conservai os ensinamentos que de nós aprendestes, seja por palavras, seja por carta nossa."

O apóstolo valoriza inequivocamente tanto a tradição oral ("por palavras") quanto a escrita ("por carta"), estabelecendo um modelo de autoridade dual que o protestantismo posterior rejeitaria.

A Necessidade de Autoridade Interpretativa

A narrativa do eunuco etíope em Atos 8:30-31 demonstra a inadequação da Escritura isolada como autoridade final. Quando Filipe pergunta se o eunuco entende o que lê, a resposta é reveladora: "Como poderei entender, se alguém não me ensinar?"

Este episódio ilustra que a mera posse do texto bíblico não garante compreensão adequada. É necessária uma autoridade interpretativa externa – no caso, representada por Filipe, que age com autoridade apostólica.

A Complexidade Hermenêutica

Pedro, em sua segunda epístola (3:16-17), reconhece a dificuldade interpretativa inerente às Escrituras: "Suas cartas contêm algumas coisas difíceis de entender, as quais os ignorantes e instáveis torcem, como também o fazem com as demais Escrituras, para a própria destruição deles."

Esta passagem não apenas reconhece a complexidade hermenêutica dos textos sagrados, mas também alerta sobre os perigos da interpretação inadequada. Implicitamente, sugere a necessidade de uma autoridade interpretativa confiável para evitar distorções doutrinárias.

O Paradoxo Histórico da Canonização

A Dependência da Tradição Eclesiástica

Um dos argumentos mais devastadores contra o sola scriptura emerge da própria história da formação do cânon bíblico. Os concílios de Hipona (393 d.C.) e Cartago (397 d.C.) foram responsáveis pela definição oficial do cânon das Escrituras tal como conhecemos hoje.

Este fato histórico cria um paradoxo insuperável: aceitar a Bíblia como autoridade única requer aceitar a autoridade da tradição eclesiástica que a definiu. O próprio cânon bíblico é produto da tradição apostólica e da deliberação conciliar, não de autodefinição escriturística.

A Circularidade da Autopistia

Tentativas protestantes de resolver este dilema através do conceito de "autopistia" – a suposta capacidade das Escrituras de se auto-autenticar – apenas aprofundam o problema circular. Como determinar que as Escrituras possuem esta propriedade sem recorrer a critérios externos? A própria doutrina da autopistia não é explicitamente ensinada na Escritura.

Implicações Teológicas e Epistemológicas

A Fragmentação Interpretativa

A história do protestantismo oferece evidência empírica das consequências práticas do sola scriptura. A multiplicação de denominações e interpretações divergentes sugere que o princípio, longe de fornecer clareza doutrinária, pode na verdade contribuir para a fragmentação teológica.

Se a Escritura fosse verdadeiramente suficiente e auto-interpretativa, seria razoável esperar maior convergência hermenêutica entre aqueles que aderem ao sola scriptura. A realidade histórica sugere o contrário.

A Alternativa Católica e Ortodoxa

As tradições católica e ortodoxa, embora enfrentando suas próprias tensões epistemológicas, mantêm pelo menos coerência interna ao reconhecer explicitamente múltiplas fontes complementares de autoridade: Escritura, Tradição e Magistério (no caso católico) ou Escritura e Tradição (no caso ortodoxo).

Estas posições evitam a contradição performativa do sola scriptura ao não reivindicar que sua própria metodologia epistemológica seja derivada exclusivamente da Escritura.

Conclusão

A análise crítica do sola scriptura revela contradições estruturais que comprometem fundamentalmente sua viabilidade como princípio epistemológico. O princípio incorre em contradição performativa ao estabelecer uma regra que não pode ser derivada de suas próprias premissas, configura um fundacionalismo mal estruturado ao carecer de base textual explícita, e enfrenta o testemunho contrário da própria Escritura, que reconhece suas limitações e a necessidade de autoridades interpretativas externas.

O paradoxo histórico da canonização – onde o próprio cânon bíblico depende da autoridade tradicional que o sola scriptura pretende rejeitar – representa talvez o golpe mais decisivo contra o princípio protestante.

Isso não implica necessariamente a falsidade do protestantismo como sistema teológico, mas sugere que seus fundamentos epistemológicos requerem reformulação substancial. Uma teologia protestante intelectualmente honesta precisaria reconhecer as limitações do sola scriptura e desenvolver uma epistemologia mais nuançada que leve em conta a complexidade das fontes de autoridade religiosa.

A busca pela verdade teológica, independentemente de compromissos confessionais, exige o reconhecimento rigoroso das limitações e contradições inerentes aos nossos sistemas epistemológicos. No caso do sola scriptura, essa honestidade intelectual revela um princípio que, por mais central que seja para a identidade protestante, não pode sustentar o peso epistemológico que tradicionalmente lhe foi atribuído.

@ 5627e59c:d484729e

In een zee van mogelijkheden\ Kunnen we best veel tijd aan dromen besteden

Dromen is een universele taal\ Het wordt gedaan door ons allemaal

Het is het woord\ Dat deze gelijkheid de grond in boort