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Yeah I remember you mentioning xapo bank, but idk anything about it, didn't know they could hold btc. There's a whole 'nother level of criminality and "then they fight you" that's coming when the world understands that its bitcoin or nothing and fiat brains have most of their btc in banks. That's when it gets nasty. All the power in the world is built upon usury, all the banks are only profitable when they can charge interest on interest. You can't charge interest on interest in btc. So they'll steal from whoever's the lowest on the ladder, meaning normal people, and they won't do anything cuz they never do, but it won't be enough and the next rung of the ladder gets "bailed in," and so on until... It collapses into war. Very very very slim chance we get through it peacefully. Our best bet is for the etf's to get 6102'd, the sooner the better. I'm thinking action/reaction, not right/wrong. People that lose now will learn while the lesson is cheap.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago 💬 1

agreed... that's why i'm having nothing to do with these interest bearing scams

what bothers me is just that their calculations are that they have to charge $1000 a year to maintain this for one personal account, this is a high risk premium, it seems to me

i don't have to pay that for another 6 months but who knows what happens in the next 6 months, the rule at the moment is craziness

i honestly half expect there to be an extremely rare hurricane hit this island while i'm still here in the next 5 months because this is the season of high winds here based on what i saw with it last year

one thing for sure is once i get my bitcoins back in my control i'm probably going to switch to using a blockchain node only with RPC and probably will literally run btcd on my mini pc and zap wallet on my main desktop dev machine, i'm not sure about this alby hub stuff either, to be honest, though it's probably better for me to maintain that than run a zap wallet LND instance on windows because of how this pc uses a lot of power and i don't have power backup and i could end up with force closes where that won't happen on the hub

the level of uncertainty, in any case, makes me all the more committed to ensuring i keep firm grasp on my bitcoin stack, because i see this as my way to get out of trouble if things go crazy, like storms, or for that matter massive CMEs, you see what i mean?

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ede3d957... 1y ago 💬 1

Bitcoiners who don't enjoy getting unbankend aren't real Bitcoiners anyways.

You laugh about us Monero Bros for having to go through phases of delisting not recognising, that it is us who try to pay everything with electronic cash since 2009.

Whenever a Bitcoiner tells me he doesn't pay his rent in BTC or has a Xapo bank account or a Visa tied to his custodial cryptobank I see this as a Larp. Early Bitcoiners 2009-2012 were different. Early Bitcoiners ended up in Monero. Working for adoption on the ground.

It'll pay off in the long run in XMR purchasing power. Just like making merchants adopt BTC in the early days paid off in USD purchasing power.

As much as I believe that BTC will go up against USD, as much I believe that XMR is the real deal for electronic cash.

Comte de Sats Germain 1y ago

I don't laugh at monero bros... I dislike some of the influencers lying about bitcoin, but I like monero and want it to succeed.

ede3d957... 1y ago

As an early Bitcoiners I love Bitcoin. It brought me economic freedom. At the same time it brought me to Monero. And as the world moves more dystopian every day I started to value my Monero more than my Bitcoins. One is my digital cash and a private store of value. The other is a great investment and store of value like my gold holdings.

Both are tools to increase freedom in your life. Both have trade offs. Don't mix up NGU with real freedom.

In today's panopticon NGU can have many different negative consequences on your (mental) freedom. Especially if other people know about it.

Comte de Sats Germain 1y ago

Invest also in your ability to travel fast and light and preferably anonymously. At least be able to appear like a typical fiat brain while being fast enough to disappear within minutes. A "go bag" is a must. A USB stick with Tails on it. I have no idea what would cause me to want to disappear fast, but its a comfort knowing I can. Actually I do have an idea... A CME would be a heck of an opportunity for a government to go all North Korea on people.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

yeah, grid down will be chaos, perfect time to fuck around