Nostr Web Client

Hey friend hope you have a great Monday 🫂🫡

negr0 3mo ago

Tu también

Mr. Sat Stacker 3mo ago

I was a hard assets accumulator before btc. Now I stack sats, but i have some non confiscatable asset diversity.

I feel good whatever happens but realize, if this thesis plays out, Life even for those prepared, will not be great.

It’s a terrifying event to witness but it seems inevitable with how irresponsible the money managers and regulators are.

Minnaar 3mo ago

That is why there is still a place for other bearer assets of concentrated value like gold, silver, art, and the ultimate asset which is your skills, talents, and problem solving abilities

I agree and see the logic behind this position more now. The only issue is that it’s practically impossible to move any meaningful amount of these bearer assets across borders.

Modus 3mo ago

Depending on how much you have, you can liquidate them and use Bitcoin just for crossing the border.

You could also keep some in multiple jurisdictions.

Neither of these are good solutions for very large amounts, but a little bit can be powerful in certain circumstances.

Yeah that’s a solution I thought of but it’s a pain in the ass to swap back and forth with large amounts of any asset non kyc. I think keeping some of those assets in a different state/country just in case isn’t a bad idea either.

Modus 3mo ago

2oz gold is $7,000. That's not a boat load of money but when shit is hitting the fan, 7 grand helps. I think the vast majority of gold dealers could buy 2oz at the drop of a hat. Frankly selling gold might even be easier than selling Bitcoin in a lot of cases, especially as the amounts go up.

Good point especially in other poorer countries.

stache 3mo ago

I like the way ur strategically paranoid *ss thinx my fellow tard🫡🫂

While I think BTC is likely the best hard asset that can be self custodied there are others (…at the risk of sounding like my boy Peter Schiff) for example gold😖😂

…if u really feel this way (full disclosure: I think you are correct) why wouldn’t u allocate at least a small portion of ur self custodied hard assets to precious metals…having said this the next obstacle is where do you domicile these things so they’re not in ur home making u a physical target🤷🏽‍♂️…but ur a smart lad🤌🏽

I went through this exact same thought process. If SHTF, where do I take the gold? It’s not getting on a plane and I’m not crossing any borders without it being taxed or seized. The answer seems to lead back to bitcoin every time.

Minnaar 3mo ago 💬 1

Each asset has its own strengths and weaknesses, so one may be better than another only in certain scenarios. Bitcoin makes the most sense for most scenarios

stache 3mo ago

Ur way ahead of the game for such a “young punk”🤨😉😂, imo. I find it scary how alike we think (…I’m frankly not very proud ⭕️ it🤦🏽‍♂️😂).

I think easily accessible (again preferably not in your home) gold and especially silver has value in bartering and local economies but in a SHTF scenario you ain’t leaving the country and maybe struggling to even cross state lines with it.

All roads ultimately lead to btc if it is what we think it is🤔🫡🌅

Maybe you boomers aren’t so bad after all 😂🫡

I think about scenarios like this often. If you can’t secure your wealth when SHTF then you don’t really own it.

we do need the Internet when SHTF

already planning a compact meshtastic radio IP connection, LAN, and solar power setup to run a slow on chain node and perhaps lightning node.

I just wonder if I could reach other nodes

stache 3mo ago

I watched the documentary and also found it very enlightening

btc/monero/gold/silver/land/real-estate/machinery in that order

You don’t ever truly own land or real estate. Eminent domain is a bitch.

yeah that's why I put it at the bottom of the list but if you own land and occupy it with weapons and machinery to make weapons at any time. it'd be harder to confiscate it in some type of dragnet. still less ownership then btc. I'd say monero gives you the strongest ownership. with btc if you have kyc or are linked to your wallet somehow they can just put you in jail until you give up your keys. with monero it's hard to even prove you own something.

What’s the point of holding monero if you can’t really buy anything with it? You typically have to convert to fiat first so why not just convert the money that appreciates more?

Hanshan 3mo ago

"cant really buy anything with it"

https://monerica.com/

MAHDOOD 3mo ago 💬 2

The essential things like gas, rent, and food have to be converted to fiat first. Just like with Bitcoin. So why not just hold bitcoin? You can also pay for all these things with lightning non kyc. Tradeoff is less purchasing power. Math isn’t adding up.

food can be bought with monero. rent can as well if your location independent. there was a house for sale in Argentina and Japan on xmrbazaar recently. you could use a proxy shopper to pay your rent. gas would have to be bought via giftcards.

And you can’t do that with bitcoin?

not that you can't it's that the market for people willing to do these trades in btc/lightning is smaller. in BTC giftcards are covered. I have yet to see any listings for a proxy shopper in BTC. there are some people selling food for btc though not as many as on xmrbazaar. I have yet to see houses for sale in BTC i have seen one rental option. the main difference is that monero is private and your able to not worry about the tax implications or the downstream usage of the UTXO's. lightning you could say mitigates some of this but then your most likely relying on a custodial solution. the HODL culture is also antithetical to using BTC as money.

it's just a smoother and safer pipeline to get the average normie to download cake wallet get some xmr and start transacting privately then trying to get that same normie to trust (or run) and understand a lightning solution and do the same

So your opinion is that monero is better than bitcoin at converting to fiat?

no bitcoin has larger daily liquidity than monero. my opinion is that monero has a larger P2P marketplace.

MAHDOOD 3mo ago 💬 2

Do you have any evidence for this because I see much more activity on the blockchain and second layers than all of monero

my conclusions have been drawn from trying to exclusively use bitcoin and then seeing all the things available for monero. only anecdotal and experiential really.

But you can’t exclusively use monero either and the little things you have to use with monero, like gift cards, can easily be used with bitcoin too. So why use monero if bitcoin can do the same thing AND grow your purchasing power? You can swap your bitcoin for gift cards and other things like that too. What’s the primary benefit of using monero? Privacy? Use non kyc lightning.

I do have bitcoin because of the network effect and consistent store of value. having used lightning (your glossing over all custodial problems with it) and monero both, monero is just 10x easier for private payments. I'm not really a giftcard user. I generally use monero for p2p purchases. I'm not sure how often you use crypto for p2p purchases? I think if you compare your own experience after using both you'll come to similar conclusions.

So you prefer the privacy convenience of monero to the extra privacy steps needed for bitcoin. But the lost gains in purchasing power when holding monero is the real price you pay for “convenience.”

Hanshan 3mo ago

you keep pretending you can do the same things on Bitcoin that you can do on Monero.

of course,

you refuse to show any receipts so...

MAHDOOD 3mo ago 💬 2

And you keep moving the goal posts. Answer my question. Do you pay for your rent, gas, and groceries with monero?

I do pay for my phone bill (cloaked wireless) vpn (mullvad) and Ai subscriptions (Pay Per Q) in monero.

I would say it's not that black and white as npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa is alluding too. I am willing to forgo potential gains to support monero as a project on principle yes. That also comes with the potential of monero out pacing bitcoin in relative percentage gain even if it never exceeds bitcoins marketcap. historically a bad bet but it's primarily a decision of principle.

http://xmrcards7pb5dnj5dfbnueigmzwgujwlo5zhd6f3vnlhay6qlbd3dzid.onion/

The power lies within P2P transaction. In the meanwhile this gets you almost anything as private as it gets.

This doesn’t open but it looks like it’s a marketplace for gift cards. So you’re just holding monero as an inferior store of value until you swap for fiat credits.

This should open on Torbrowser. It's a way to anonymously and worldwide buy almost anything.

It's not buying fiat. It's buying credit for products with an actual company. They have an obligation to fulfill that claim.

How is this different from buying a gift card with bitcoin?

P2P markets:

RetoSwap (1 year) vs Bisq (10 years)

www.xmrbazaar.com

people are living on xmr salaries today without banking institutions.

Which option lets me pay for gas at the gas station or pay my rent/mortgage?

And you dont own something if you pay taxes on it

https://makefreedom.com/product/becoming-a-secured-party-creditor-copy/

https://archive.org/details/redemption-manual-4-5-edition

Once you look into it, the whole system is built on fraud.

Fraud and violent force

I have a huge respect for those who remove themselves from the state apparatus and systems.

https://fountain.fm/episode/prQZ2WfmIlDOOZHGN9av

Thats quite a deviation from the constitution there.

not at all... what do you mean?

I mean the government has deviated from the constitution in regards income tax then.

no it has not... not once ever...

im curious though what exactly led you to that?

only thing that was deviated from was man's (thats you) personal responsibility he was tasked with if he wanted to preserve the freedoms he was bequethed.

no one to blame but self.

Income taxes are not uniformly apportioned AFAIK. My general stance from reading Irwin's work is that income tax in the US is not legal, it is an offer to pay that has turned into coercion.

already told you Schiff had incomplete and/or erroneous info and approach... stick to dave champion - start with his book shattering the myths.

complement is cross check what he says with SEDM and fill in the rest with references from those two...

only then can you gain a better understanding and make an informed decision...

the "income tax" as it has been popularized in public consciousness and "ratified" in the code IS NOT ILLEGAL - its extension to and enforcement upon normal american citizens living in the 50 states and working in the private sector has been the fraud and the scam...

LEGALLY, it is an entirely LAWFUL way for the federal government to extract a duty from its agents and officers (employees) aa they are seen to be benefitting from the "privilege" if doing or profiting from business inside of the U.S. corporate body located in DC and its jurisdictional territories and posessions...

its the same reason that DC residents DO NOT HAVE CONSTITUTIONAL RIGHTS as you and I do - they have a mirror of them, but they are privileges and can be revoked by congress at their will... which explains why they have the military police state on their streets currently, with very little pushback.

That doesnt make any sense to people working in law.. As we saw with Irwin, if you go down this pathway.. Be prepared for the consequences. Fucking with the US taxman would be the last thing on my list of things to do. See Bitcoin Jesus now.

stop referencing these retarded loud mouths.

we are talking past eachother at this point...

you have been given the means.

thats all you get.

it wouldnt as people working in law are government agents - or worse l, agents and esquires of the british BAR ...

and stop with the currentyear shit - i dont give a fuck what modern cowards think or do...

I love you too

🎯

which implies that you dont own your own income which means you dont own your labor...

which is a fundamental problem and hypocricy of the courts... good news is that a decision was made just last year by the Supreme Court which FINALLY cleared up the confusion that has split the courts down the middle as to whether the income tax was a "direct tax absent apportionment" or an "indirect tax" which is synonymous with a "privilege tax"...

it was established that the income tax absolutely falls within the indirect/privilege tax category...

so, whats the privilege you have been granted that you are paying for?

good question!

unless you are an employee, agent or officer of U.S. federal government , the answer is YOU DONT HAVE ANY PRIVILEGE and thus are not responsible for the excise.

This is the huge problem today, if you dont own the fruits of yourn labour, you are a slave. There is no ifs or buts, that is a fact. The same with property.

Erwin Schiff (Peter's father) covered this well and wrote a good book on it. Legally you dont have to pay income tax - the problem is that this is anyway ignored.

https://sedm.org/Forms/08-PolicyDocs/WhosWho.pdf

he used the wrong approach and was unecessarily public and loud - also, as a jewish atheist he was all alone out there - cant offer the sovereign a legitimate or peaceful deal with the real King and Logos of Law at the root.

this is an invaluable resource for explorers of these magicks - check out Irwin's entry on p.60:

Thanks for the link. He had a tragic end, losing his eye sight in prison. I think trying to fight the system and their own game won't work, we can only have collapse now of the dollar and hopefully all fiat

Samourai learned this the hard way. You can’t win in a game where the rule enforcers, rule makers, and rule interpreters are the same people.

Its like playing monopoly where all properties are owned with hotels on them. Who wants to play that rigged game?

you guys are letting your vaginas show...

many people who KNOW WHAT THE LAW SAYS have decided to FOLLOW THE LAW amd have safely, peacefully and permanently walked away from participating in the criminal illegality of it all...

but suit yourselves - you either want to be a law abiding human being or you dont. you either want to keep the private rights to your own finite labor and time or you want to take it up the ass by faceless and nameless bureaucrats...

the mass of spineless scum have always said the same fucking thing that you two said above which is why you two are in that position - along with hundreds of millions of others...

its also premature, faggots, as NEITHER of you have done enough homework to make an educated and informed decision...

which means all if my efforts here were in vain... FUCKING LAME.

stop being little feminine sabateurs and do some fucking work before you groan about the impossibility of it and lean on idolatry for salvation...

it is, in fact, your duty - whether you like it or not.

what else is fucking new?

you:

https://youtu.be/V0IM7Hobd_k

I appreciate the info and pointers, I have been in contact with people who have followed that path (Strawman legaliese etc) but at the end of the day, the results have been negligible. Fighting the system in this way is pointless. The NPCs working for fiat dont give a flying fuck what the law says, just obey who pays them.

The presentation by John Harris covers it quite well in the UK.

Whilst I do believe you can exit the system and stop paying the taxes, electric, water bills etc . There are many other consequences to live by too which you need to take into consideration - it is a constant battle, you can't make use of many things in their system easily etc..

You can more easily move to more friendlier places, off grid, away from cities etc..

how tragic that this is what the spirit of youth has become...

pathetic.

enjoy getting raped unto death, i guess...

and then judged.

LOL. I'm not a young whipper snapper anymore man. I've done plenty of fighting the system in my time thank you.

In case you missed the compliance during covid, the majority are NGMI. It is a save yourself scenario now.

https://fountain.fm/episode/YcqICZZ6O0cGwDgRqMsd

this right here proves that you are junping the gun with your sample of "strawman legalese" (btw calling it that reveals you probabky have done very little deep work for yourself on the topic - because my trusted sources would never call their position anything like that, neither champion - secular, or SEDM - faithful) morons and have been premature in your reticence - but who cares?

As Sun Tzu said , dont fight where the enemy ia strong or that what is well defended. - but you do you!

its not like that...

its not a fight. its a lawful and peaceful retreat centered on simply correcting your own administrative record to reflect your proper legal status...

the enemy is not "the government" or even its agents...

the enemy is the ignorance in our own minds.

that can only be "fought" with personal study and individual corrective actions...

faith is a wonderful thing and miracles and grace happen, are happening, and will continue to regardless of whether fear and cowardice rule in the hearts of most men.

Thats an interesting perspective and I dont agree with it. Better to focus on battles you can win without putting your freedom at risk and separated from friends and family.

sounds about you.

but see, you are not free so you already lost...

and your poor friends and family - forcing them to be a stand-in compromise proxy for your failures at integrity is nasty dude.

and it can NEVER be rewarding on the death bed.

I am free in my mind, that gives me plenty of freedom.

I also recognise we are in a slave system and the exits are being guarded. Until there are enough people, we can't leave anyway.

the mantra of the idiots that got us here - recapitulated!

you are not free in your mind either as you have amply demonstrated throughout this thread...

in fact, you sre so imprisoned that you have precluded yourself from correction due to all the fears...

THERE WILL NEVER BE ENOUGH PEOPLE...

and if there ever is, whcih there wont be, it will have been because of those who took the steps ALONE when there was no reward, but because they had faith, dignity and integrity...

schiff failed and you reference him.

champion won and i reference him.

you lose. i win.

got it?

I am free in my mind because I have my own thoughts and think for myself (re Trivium).

You are taking things too seriously - none of their laws or systems matter. Try to break through the "fourth wall".

Other than common law, all other "laws" are just regulations/rules and need your consent to follow or not.

You have free will to follow or not - but as I mentioned, we live in a might is right system and they will punish you regardless. Its not a battle for me anymore, but I wish you good luck.

yep. serious.

later.

Stop giving the system your attention,.you will then gain mental freedom - withdrawing and not participating as much as possible is also winning.

we cant all be unapologetic narcissists....

someone has to look out for your grandkids.

Thats my job, you need to take care of your own.

we're all one round these parts...

and you caused The Fall.

You need to read Sun Tzu obviously.

dude your attempts to drag me down to your residence in the eighth circle are retarded.

up your game. its not all about feeling "good".

thats gynocratic.

What's it about then?

I didn’t cause shit and I’m not part of you. I have nothing to do with you. You can’t cause a past event that you weren’t even alive for.

not you.

the fact that you zeroed in on that and took it personally is revealing tho -

loser.

Yeah the guy who keeps jumping into my conversations lmao GFY

fuck you nigger🤣

What is a law?

what they did to samurai was entirely legal.

and it was samurai's legal ignorance that got them into that position.

its ALWAYS like that - what they are doing is entirely LEGAL because the population is stupid and wont read what the law says - if you dint know what the law says your defense is retarded and misplaced.

Samurai shouldn't have gone around bragging about dunking on them to get their wrath. This proves, it doesn't matter what the law states, currently we live in a system of might over right.

You can go live outside this system though, but you will still have to deal with Mafia/bandits who want to take from you.

ok im done with your fantasy scenarios... go read or go to hell...

peace.

My focus is on finding out what we are and where we are. These are more pressing problems IMO.

yeah you do seem a bit lost...

i might suggest that the finding is in the doing and discovering "where" is in the actual looking - stuff that i am asking you to do...

but you do you or whatever it is that sun-tzu having been bastardized by some libertarian tech idolizing nigger said

I've never had such mental clarity until now. I am only lost in so far as the military stops us from exploring the realm and finding out where the fuck we are.

Sun Tzu was right though or?

Awareness is a weapon.

Privacy is a weapon.

Anonymity is a weapon.

Self-cuatody is a weapon.

He is the one every Bitcoiners should read since a lot of adversarial thinking got lost in the NGU mind fuck.

I am so glad that most OGs reunited under Monero where the true fight between state and freedom has been taken place for the last 7 years. Before that they were fighting against BTC.

Bitcoiners believe the perception that a high fiat price means something in this war. Wake up, you've beend duped. Nobody in the controlled world uses BTC. Price follows adoption on the ground not Saylorism and Trump and dumps.

Why are we early Bitcoiners spending so much time here talking to you about Monero.

Because we know awareness is a weapon and Bitcoiners are the most open to join the fight to bring down the state.

Some good points, those are things I am focusing on. Will stack some monero as we are fighting the same cause.

“Price follows adoption“

The free market likes Bitcoin more

Mahood. There is NO free market. What you call the free market is the licensed and controlled white market that pushes fiat numbers baround as if hey mattered.

The free market is the black, the grey (darkn net) market which is ruled by cash and digital cash (Monero). Its prices are as fake as any other thing. Just not the way you think. One gets pumped and the other suppressed.

Fine then call it “the market.” Bitcoin was doing just fine in terms of price appreciation before government gave bitcoin its blessings. You can also call it purchasing power growth if you don’t want to think in terms of fiat. Still doing better. Idc if the government likes it or doesn’t like it. It’s a tool that helps my life and I will use it. If the government said steak and eggs are good for you, I’m not gonna stop eating it.

BTC rose to 20k in 2017 in fiat bucks.

Since then its stagnating. M2 more than doubled, which means 120k in 2025 equals something like 50k in 2017.

We are past the big gains if you are in for that. They tamed it. CBOE started to offer futures late 2017. Since then Bitcoin is under their control.

Retail is steered by the media they control. Outside of manufactured hype nobody can move the markets snumorecagsinst their will.

what happens to mstr in this scenario?

You’re nitpicking stats gtfo lol also they can’t completely control these markets. Why the fuck would they pump a decentralized currency that threatens the fiat system? I’m a big conspiracy guy but this is irrational. These people have some influence but they can’t control the world to this level.

Yes. It’s always been like this.

We will always have to pay homage or bow down to someone bigger, stronger than us. It can be worse in other places.

Don’t say always. You can find ways to avoid these things. Defense is better than revenge. Avoidance is better than defense. Things can and will change for the better imo.

Agree. You can certainly avoid and reduce the impact with some smart moves. Trying fo take on the system is a crazy move, even if you have the law behind you. LOL.

you guys have an utterly retarded and female take on this...

you will be chased down and forced whether in this life or the next...

now, back to your recliner.

The law isn’t a real thing. It’s a social construct. You cannot prove that laws exist in physical reality. It’s like the concept of countries and states. These things cannot be identified using any of the human senses: sight, touch, taste, smell, hearing.

godless faggot

Ironic that you’re literally the most despicable person I’ve ever interacted with online and you sit here lecturing people about godliness lmao. Keep worshipping your little illusions pussy GFY.

maybe you guys can put a jpeg of yourselves on the chain sucking on eachothers big black victim cocks and spitting out the solutions you are shared?

i think itll be ready soon so there ya go!

🤣😂🖕

Says the guy that literally gets on his knees to pray to another man he’s never met. You must really love that Holy Spirit inside you 🤣🤣

you are such an infant dude...

go hang out with your mommy, child...

Says the guy who literally refers to another man as father. Go ask your daddy for forgiveness after all these bad words you said🤣

you are nothing but a typical american retard ingrate... i WAS trying to offer something of help.

burn in hell you fucking loser.

blocked for being a spiritual nigger and having parents who had the arrogance to procreate.

Being muted by you is a wonderful thing 🥳🎉

sorry you were born black bro...

fate sucks.

Not black but ok

in spirit bruh...

fuck you.

Who says we are godless? Take a look at the trivium and understand first principles and you may be able to have a logical conversation.

Exactly this. The same as money, its just a mental construct that people believe in.

Well you can identify money like gold with the senses

The value is abstract though

Correct but the gold physically exists in the world. It is real, not an imaginary construct.

SuiGenerisJohn 3mo ago

I'd add that value isn't abstract, it's real, but subjective.

Value is subjective but it doesn’t physically exist in the real world so it’s a social construct.

SuiGenerisJohn 3mo ago

All the best things are non-physical.

Idk about thaaaatt. Have you ever engaged the five senses with a nice pair of boobies? 🤤

SuiGenerisJohn 3mo ago

Yes, but 100% of the experience was an illusion in my consciousness.

Experiences are an illusion. Boobies are forever 🫡

But the value people put to it is. All money is.

Exactly. They can't take what they don't know and don't control.

That's why they hate both self-custody and privacy.

What gives the law authority to be applicable toward me?

Your consent - the consent of the governed.

Consent of the governed is an oxymoron. People who are governed cannot consent.

People do consent and participate in the system.

If you can’t say no, then it’s not consent

You can, but there are consequences to it. If you dont do something, like pay taxes voluntarily, people with guns will come to your house. Its up to you if you want to face that, you have a choice.

It’s not voluntary if someone puts a gun to your head and says “you must voluntarily pay taxes.” That’s like someone putting a gun to a woman’s head and saying have sex with me. Then you say it was voluntary and not rape. If you can’t say no, then it’s not consent. Just because you can choose to die or go to prison does not mean it’s voluntary or consensual.

The main thing is there is a choice. You can also leave the country to avoid it. So 3 choices really. Consent doesnt mean you aren't being coerced and an equal decision.

That’s not a choice. That’s like saying if you want to be free, you should’ve been born somewhere else. I shouldn’t have to give up my family, friends, lifestyle, and career just to be free from government theft and harassment.

You shouldn't have to, but the majority consent, and our system is based on who is the strongest gets their way.

You keep repeating that the majority consent. But if people were asked whether they wanted to pay their taxes this year or keep all of their income, majority of people will keep their income. This is not consent. People pay their taxes out of fear. This is actually coercion. Do not confuse the two.

I concede that you could say it is compliance. I would just say, that as you know the system is coercive and still decide to participate, it is more informed consent, although you participate under duress, you could say its not true consent.

Yeah I am doubling down and calling this coercion. It’s not consent by any means. When you don’t pay taxes, you get letters from the IRS with clear intimidation tactics. It’ll say something along the lines of you respond asap or potentially face large fines and/or imprisonment.

Imagine sending a threatening letter like this to a woman you are trying to date if she refuses to go out with you. If she goes out with you after receiving this later, she has not freely consented. She has been coerced and her interest in dating you is fraudulent.

I see that it is coercion if you view it as having no choice to pay. But you still have a choice to leave and not participate. So you are consenting because you have a choice. Choice however unsavoury to you, is still there. How about you also just do cash jobs, this is another "choice".

How about the choice to just be left alone?

Go off grid

I know there are solutions and work arounds. That’s definitely one of them. But my point is that it’s not a choice.

That's where onchain privacy comes into play. You are so close to understand why so many Bitcoin OGs are also into Monero.

Correct. It’s not about laws or rules or justice. These are all distractions. Smoke and mirrors. It’s about power and the means to use violence to extort people.

Exactly, and as long as people accept fake money created from nothing for their time/labour, nothing will change for the better

We can still make changes for the better for ourselves. That’s what matters most.

Yes, self preservation mode. The NPC Normies will love their CBDCs and enslavement.

yeah its called being a decent person, reading and following The Law.

it starts with you.

You follow as far and can not see how privacy is the shield that protects you from extortion?

Who said i don’t see the importance of privacy? Privacy is essential

Sure. Land titles and companies are shit store of values. People will realize this soon enough. Still people need a house to live.

The only thing that matters are things you control and are private like

Monero, physical Gold and non KYC BTC

Hanshan 3mo ago

ammo?

And doesn't the inability to prove that someone owns Monero make it superior to bitcoin on this ranking?

yeah ammo to but preferably the means to make ammo

yeah I got back and forth on this. the main thing stopping me from swapping my btc bag to monero is that if I do I won't be able to buy a house or any other government related purchase as monero is essentially grey market money.

There's always a way. Especially as the collapse becomes more obvious to more people.

Guess we could even see a secondary price market where people pay for official documents in collapse CBDC money but transaction really gets funded through underground money off the record..

some type of OTC dealer hooking up a monero buyer with a house purchase proxy or something like that

zorbaR 3mo ago

Gm

Bitcoin in self custody is NOT a "security entitlement"

According to who?

your keys = your coins, unless you're a minority key holders in a multisig wallet . no one else has a systemic claim and ability to take it.

Right that was the point of my note. Everything else is an IOU.

grey 3mo ago

After reading The Great Taking, I doubled down on Bitcoin because I now realize that it’s the only thing I actually own.

This was my takeaway as well

BroccoliRiceTofu 3mo ago

GM

I know many people who thought along the same line over the years. So they started diversifying their stack. ALL of them lost money.

Does that mean you're wrong? Absolutely not. But you can't just diversify into anything. You need to know exactly what you're doing and it makes no sense to diversify into other assets to just HODL them. None of them has the same properties as BTC starting with the supply cap.

Also, self-custodians don't face counterparty risks. We face other risks as you've noted above. An exploit, hack, scams, terribly coded hardware etc. But at the end of the day, if you invest the time to tighten your opsec then the risks are very low compared to diversification risks.

Does that mean I only HODL Bitcoin? No. I have other assets but they account to maybe 5% of my net worth.

Makes sense

It does for me but I also learned that you cannot universally apply ones practices. A lot of factors play into what you should or should not do with your money. Starting with where you live, your obligations etc etc etc. I can only speak for myself and my approach has worked very well over the years. For me.

MAHDOOD 3mo ago 💬 1

I think your approach makes sense. I’ve considered leaving the US and just being a nomad but it makes seeing friends and family more difficult. Tradeoffs.

TheGrinder 3mo ago 💬 1

That's what I usually tell people. You probably have to leave your country to change your life. Which isn't easy for those with families or other obligations which they can't just dump and move on. It's a lot easier to just "do your thing" when you're on your own.

Owning a diversified portfolio becomes even harder if your nomadic. Bitcoin is the easiest option in this case.

Absolutely

How would you go about being nomatic?

I'm thinking of a mobile home at this point. But that limits me to where I can drive to

MAHDOOD 3mo ago 💬 1

I’m sure grinder would give you better advice. But I would leave the US. No need for a mobile home. Just rent. I’ve posted about how buying real estate will actually lose you more money than just renting and stacking sats.

Just sold my house lol. I'm right there with you.

Where to though? Everywhere is fucked lol

MAHDOOD 3mo ago 💬 1

Not true. Nomads are treated better than citizens in most countries.

Which countries are the best for that at the moment would you say

nostr:npub1de6l09erjl9r990q7n9ql0rwh8x8n059ht7a267n0q3qe28wua8q20q0sd would have more knowledge and experience with that. But you can always look for countries that seem fun to you and check if they offer nomad visas. You’d be surprised how many do.

YODL 3mo ago

Listened to it a while back when Guy released it. So good