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Daniel
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Why is #bitcoin higher market #volatility so scary, what would you respond to โ€œ there is no discretionary investment where we would be willing to accept higher market volatility on to gain higher investment returnsโ€ ?

Prior to that I shared sharpe ratios where owning BTC improved the risk profile.

Replying to Avatar ODELL

GM pura vida!

Amazing episode once again nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx and Mark ๐Ÿ‘ ! Here's a summary of what was discussed in case you need convincing:

====== Bitcoin Podlights ======

What Bitcoin Did with Peter McCormack - Why We Shouldnโ€™t Trust BlackRock with Whitney Webb & Mark Goodwin

- ๐ŸŒ The potential development of a new global financial system led by entities like Blackrock, aiming to minimize risk for large asset managers while expanding their control and ownership.

- ๐ŸŽ™๏ธ The popularity and impact of a previous episode featuring Whitney Webb on the "What Bitcoin Did" podcast.

- ๐Ÿค The collaboration between Whitney Webb and Mark Goodwin on recent articles, including one focused on Blackrock's plans for a "fractionalized world."

- ๐Ÿ’ผ Larry Fink's background, the role of ETFs, the desire to tokenize various assets, and partisan politics in the U.S.

- ๐Ÿช™ Discussions around the tokenization of assets, including Bitcoin, as a means for asset storage and the implications for the financial sector.

- ๐Ÿ›๏ธ The relationship between partisan politics, the "Uni-party" control in the U.S., and the broader implications for financial and political systems.

- ๐ŸŒฟ The role of sustainable development policies, global carbon markets, and the push for a digital financial governance system.

- ๐Ÿฆ The connection between private sector initiatives and the perpetuation of the debt slavery model historically used by multilateral development banks.

- ๐Ÿ“ˆ The involvement of Wall Street giants and figures like Larry Fink in shaping a new financial paradigm and the risks associated with their expansive control.

- ๐Ÿ“ฐ The shifting landscape of independent media and the potential manipulation of public opinion by influential figures and funding sources.

- ๐Ÿ”„ The dynamic between public and private sector interests and the efforts to sway public perception towards acceptance of digital IDs and programmable money.

- ๐Ÿ”— The importance of critical thinking, media literacy, and independent research in the age of widespread information manipulation and psychological operations.

- ๐Ÿ“ข The need for the Bitcoin community to reflect on the direction of the cryptocurrency and its potential co-option by Wall Street for commoditization rather than as a tool for financial sovereignty.

====== The End. Pura Vida. ======

#podlights #wbd #bitcoin #blackrock

nostr:npub10hcsqj6587uc5whzzuhgk274ke6g7ruh80enjm74ucln2m24hyxq2gf8fn check it out, this is the type of summary I had mentioned

Great Work! It's worth watching. If you need convincing here's a summary of what Joe created:

====== Bitcoin Podlights ======

- โšฝ๏ธ Botev Plovdiv, Bulgaria's oldest football club, has adopted Bitcoin, drawing international attention and mixed reactions from fans.

- ๐ŸŒ The club's move aligns with a growing trend of Bitcoin adoption in various sectors, similar to El Salvador's national cryptocurrency initiative and MicroStrategy's investment strategy.

- ๐Ÿค George Monov, a local expert on Bitcoin, spearheads the club's cryptocurrency integration, promoting the significance of Bitcoin for the community.

- ๐Ÿ“š Efforts by individuals like George to translate key Bitcoin literature into Bulgarian aim to increase local understanding and adoption.

- ๐Ÿ“ˆ The club's adoption of Bitcoin is seen as a strategic move to gain a first-mover advantage in the financial technology space.

- ๐Ÿ•ต๏ธโ€โ™‚๏ธ Skepticism around the adoption stems from Bulgaria's history with cryptocurrency scams, such as the notorious OneCoin scheme.

- ๐ŸŒ Botev Plovdiv is not only adopting Bitcoin but also exploring Nostr, a decentralized communication technology, to potentially enhance fan engagement and avoid censorship issues.

- ๐ŸŸ๏ธ The club hosts Bitcoin meetups before home games to educate fans, inspired by similar initiatives by other Bitcoin-friendly football clubs.

- ๐Ÿ›๏ธ Bitcoin is accepted in the club's fan shop for merchandise purchases, demonstrating practical use cases within the football community.

- ๐Ÿš€ While there are challenges and resistance from some fans, the overall sentiment towards Bitcoin adoption at Botev Plovdiv is optimistic, with many seeing it as an innovative step forward.

- ๐ŸŽค The vidoe highlights the cultural and social impact of combining Bitcoin with sports, as well as the potential for such initiatives to change mindsets and promote financial technology.

====== The End. Pura Vida. ======

Interested in what was discussed but would like to decide whether to listen? It's worth it! Check out the main topics below:

====== Bitcoin Podlights ======

- ๐ŸŒ Global Risk Management: Samson Mow emphasized the importance of constantly reassessing risk in the current macroeconomic climate, where traditional assets like stocks are behaving unpredictably and national debts are soaring. He highlighted the need to update risk assessments rather than relying on outdated perceptions of assets like Bitcoin.

- ๐Ÿ“ˆ Bitcoin ETFs and Mainstream Acceptance: The conversation touched on the impact of Bitcoin ETFs on the asset's legitimacy, with Mow pointing out that entities like BlackRock offering a Bitcoin ETF simplifies discussions with risk managers and central banks about Bitcoin strategies.

- ๐ŸŽ™๏ธ Podcast Introduction: Walker introduced the Bitcoin podcast episode, noting the current Bitcoin block height and value, and encouraged listeners to subscribe and consider using Fountain FM to support podcasters with Bitcoin.

- ๐Ÿค Samson Mow's Journey to Bitcoin: Mow, with a background in game development, shared his initial fascination with Bitcoin's decentralized nature and how it operates without centralized management. His career evolved from game development to engaging with nation-states on Bitcoin adoption.

- ๐ŸŒ Nation-State Bitcoin Adoption: The discussion moved to nation-state adoption of Bitcoin, with Mow's company, Jan. Three, working to support both government-level engagements and grassroots initiatives with non-custodial wallets like Aqua.

- ๐Ÿ› ๏ธ Jan. Three and Bitcoin Technology: Mow described Jan. Three's mission to accelerate Bitcoin adoption and how they provide technological solutions and financial services to countries transitioning to a Bitcoin standard. This includes educating governments and offering Bitcoin wallets that can be white-labeled for country-specific use.

- ๐Ÿ›๏ธ Advocacy for Bitcoin Strategy: Mow discussed his approach to advocating for Bitcoin strategy with national leaders, tailoring the conversation to each country's unique situation and energy resources to demonstrate Bitcoin's potential benefits.

- ๐Ÿ“‰ Bitcoin as a Legitimate Asset Class: The conversation highlighted how Bitcoin's increasing recognition as an asset class, exemplified by ETF approvals, is changing the dialogue around Bitcoin and challenging misconceptions about its riskiness.

- ๐Ÿ“Š Bitcoin's Role in Politics: Walker and Mow talked about Bitcoin entering political discourse, with politicians like RFK Jr. accepting Bitcoin donations, reflecting a shift in narrative and the potential for Bitcoin to shape the political landscape.

- ๐ŸŒ Global Financial Dynamics: Mow shared insights on the possibility of nations like Argentina adopting Bitcoin in unique ways, independent of the model used by El Salvador, and how this could disrupt the global financial system.

- โšก Bitcoin Mining and Sovereign Nations: The discussion included the rise in Bitcoin's hash rate, speculated to be influenced by sovereign mining, and the potential for countries like Colombia and Suriname to begin mining Bitcoin.

- ๐Ÿ”ฎ Predictions for Bitcoin's Price: Mow shared his prediction of a rapid increase in Bitcoin's price to $1 million, which he refers to as the "Omega Candle," and the factors he believes will contribute to this surge, including ETF demand and the upcoming Bitcoin halving.

- ๐ŸŒ China's Relationship with Bitcoin: The conversation concluded with speculation about China's potential shift in stance towards Bitcoin, considering the economic challenges the country faces and its significant energy infrastructure.

Interested in what was discussed on nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech's podcast? Here's a summary. I highly recommend listening to it, nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z and Luke kill it!

====== Bitcoin Podlights ======

Coin Stories: Luke Gromen & Preston Pysh: Macro + Bitcoin Outlook and How to Invest in 2023

- ๐ŸŒ Discussion on the current state of macro and markets, highlighting the balance of payments and funding problems, rising energy and commodity issues, and the dilemma of raising interest rates amidst a potential debt spiral.

- ๐Ÿฆ Conversation about the Fed's rate hikes, the surprising resilience of the financial system thus far, and potential future consequences of the aggressive rate increases.

- ๐Ÿ’ต Insights into the declining dollar, liquidity injections, and how these factors influence the global economy and financial markets.

- ๐Ÿค” Debate on the CPI (Consumer Price Index) adjustments and the potential manipulation of inflation data for policy purposes.

- ๐Ÿ“ˆ Analysis of the labor market's strength and underlying factors such as disability rates and mortality impacting workforce numbers, juxtaposed with Powell's narrative.

- ๐Ÿ”„ Discussion of the "debt doom loop," where debt servicing costs surpass economic growth and government receipts, forcing either cuts in spending or monetization of debt.

- ๐Ÿ›  Mention of the Exchange Stabilization Fund (ESF) as a tool for market manipulation and liquidity injection with little oversight.

- ๐Ÿ“‰ Perspectives on investing strategies for different age groups in the current volatile macro environment, emphasizing balance, low leverage, and investment in self.

- โš–๏ธ The role of gold as a reserve asset and the possibility of a gold re-valuation event, especially as central banks have been increasing gold reserves.

- ๐Ÿ’ฐ Final thoughts on the importance of understanding money and its manipulation, adjusting to the macroeconomic environment, and focusing on Bitcoin and other scarce assets.

- ๐Ÿ“Š General sentiment that the fiscal and monetary issues are a recurring human nature cycle, with a call to acknowledge the systemic problems and adjust accordingly.

nostr:npub1eq94yj8maree90pm53gfr76wdc44su3cwcqmly848xfrv6es6usqg4er58 check this out. Let me know if you would find it helpful to get such summaries every week when new episodes are released. Happy to do this for a couple more of your favorite podcasts. Any feedback is welcome!

======Bitcoin Podlights #6 '24======

What Bitcoin Did with Peter McCormack - Bitcoin Adoption, the Halving & Mining with Colin Harper

๐ŸŽ™๏ธ Discussion on Bitcoin communities questioning their purpose and the impact of "number go up" mentality.

๐Ÿ“ฐ Coverage of the ongoing trial between Copa and Craig Wright and the upcoming Cheat Code event.

โšก Mention of podcast sponsor, IRIS Energy, a renewable energy bitcoin miner, and introduction of guest Colin Harper from Luxor to discuss bitcoin mining.

๐ŸŽ“ Personal backgrounds shared, including Peter's family history, work in Cyprus, and education in music industry management.

โšฝ Peter discusses challenges with the local council over football club lease issues and the importance of the club to Bedford.

๐Ÿ›๏ธ Examination of UK councils' debt issues, reliance on borrowing, and impacts on local services and governance.

๐Ÿ”‹ Conversation about energy and infrastructure, including bitcoin's relationship with governance and the financial system.

๐Ÿ’ฐ Detailed analysis of bitcoin mining in 2023, including profitability, centralization, and post-halving economics.

๐ŸŒ Global impact of the US dollar on financial systems and comparison of historical financial events to current trends.

๐Ÿ”— Discussion on the fragmentation of the Bitcoin community into subcultures and its potential benefits for adoption.

๐Ÿ’ก Insights on the importance of Bitcoin's fixed supply (21 million) and its influence on capital allocation and governance.

๐Ÿ˜๏ธ Peter's personal story about his hometown of Bedford, the local football club, and efforts to improve the community.

๐ŸŒ Exploration of bitcoin mining's growth, public perception, and the potential of renewable energy sources for mining.

๐Ÿค” Debate over the value and impact of ordinals and inscriptions on the Bitcoin network.

๐Ÿ“ˆ Predictions and bets on future Bitcoin prices and hash rates, and the possibility of energy companies merging with or acquiring mining operations.

====== Pura vida! ======

nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu please forward this to Colin haha nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx we're big fans!

#bitcoin #mining #football #Bedford

nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft check this out. Let me know if you would find it helpful to get such summaries every week when new episodes are released! Any feedback is welcome.

======Bitcoin Podlights 06-24======

Rabbit Hole Recap - Rabbit Hole Recap #291: THE BANK RUNS CONTINUE

๐Ÿง  Introduction mentioning sponsor Unchained, highlighting their Bitcoin retirement account options and vault product for direct Bitcoin exposure.

๐Ÿ’ผ Mention of Coinkite hiring a senior web designer and their hardware wallet products.

๐Ÿฆ Discussion on the ongoing bank runs and the precarious state of the banking industry due to commercial real estate exposure.

๐Ÿ“ˆ Mention of difficulty adjustments on the Bitcoin network and the current Bitcoin price.

๐Ÿคก Coverage of the Craig Wright court case and the efforts by COPA to prove his fraudulent claims of being Satoshi Nakamoto.

๐Ÿ‡ฟ๐Ÿ‡ผ Anita Posh's project of testing Lightning wallets in Zimbabwe for their effectiveness in low-bandwidth environments.

๐Ÿ’ณ The emergence of an AI-powered service that creates fake IDs capable of passing KYC/AML checks for as low as $15.

๐Ÿฆ Analysis of the US consumer credit situation, with increasing delinquency rates and credit card debt signaling financial struggles.

๐Ÿง‘โ€โš–๏ธ Comments on Elizabeth Warren's survey to the Bitcoin mining industry and the legal pushback expected.

๐Ÿ› ๏ธ Software updates for various Bitcoin and Nostr projects, highlighting the importance of design and user experience.

๐Ÿ—“๏ธ Announcements of upcoming Bitcoin and Nostr events, including hackathons and conferences.

๐ŸŒ Discussion on Nostr and its growth, including its upcoming annual event in Riga, Latvia.

------

Bitcoin And . . . - Deez Macadamias Ep854

๐ŸŽ™๏ธ The concept of the "edge effect" in ecology and its application to exploring the intersection of bitcoin with various sectors, such as gaming, permaculture, podcasting, and education.

๐ŸŽฎ Discussion of the "Circle P" initiative, which is open to bitcoiners who have superior products and accept bitcoin for their goods and services.

๐Ÿ Highlighting a vendor named Maple Trade who offers handmade maple syrup and is part of the "Circle P" due to the quality product and acceptance of bitcoin as payment.

๐Ÿงผ Mention of Maple Trade's sister Sarah, who makes artisanal soaps, also available for purchase with bitcoin.

๐Ÿ“ˆ Examination of the Energy Information Administration (EIA)'s emergency data collection from bitcoin mining operations and the potential legal and industry implications.

๐ŸŒ Detailed critique of the EIA's use of emergency provisions to bypass normal administrative procedures and directly demand data from miners.

๐Ÿ’ก Insights into the potential impact of the EIA's actions on bitcoin miners and the broader industry, including concerns about centralization and legal challenges.

โš–๏ธ Discussion of Du Kwon's extradition case and the decision by Montenegro's appellate court to annul the previous extradition decision.

๐Ÿ’ฐ Commentary on the financial troubles of the digital asset firm Bakkt, which is running out of cash according to an SEC filing.

๐ŸŽง Mention of the new release of Unleashed Chat version 1.13, an alternative to ChatGPT, and the Fountain podcast app's latest update.

๐Ÿ” Brief touch on the views of Animoca Brands' founder on NFTs as underutilized pillars of digital capitalism.

๐ŸŒฑ Mention of Spiral continuing to grant funds to bitcoin development, specifically to a dedicated designer in the Bitcoin Design Community.

๐Ÿ“ฑ Introduction of Macadamia version 0.1.0, a native iOS client for Cashew that integrates with the Nostr protocol.

๐Ÿคฆโ€โ™‚๏ธ The episode concludes with a series of poorly received British dad jokes.

------

Bitcoin.Review Podcast with NVK & Guests - BR060 - Sparrow, Tor Connect, NDK, AQUA Wallet, Linux vulnerability, Faketoshi trial + MORE ft. Rob, Craig, Pablo & Odell

๐Ÿค General discussion on the importance of reactive security and using tools like Opvault.

โฐ Mention of the Block Clock and the role of a clockmaker in the conversation.

๐Ÿ’ธ Discussion on how Bitcoin could have changed the monetization model of platforms like Twitter, moving away from an ad-based model.

โšก Integration of Lightning into social networks as a potential "killer app."

๐ŸŽ™๏ธ Introduction of guests and the nature of the Bitcoin Review podcast, including its support structure and the host's background with Coinkite and cold card products.

๐Ÿ”„ Problems with Linux and a call for a web designer to join Coinkite.

๐Ÿ“ฑ Challenges faced by apps designed for the global south not working on 3G, impacting adoption.

๐ŸŒ Real-world Bitcoin adoption in places like Africa and Costa Rica, including both the economic and technical aspects.

โš–๏ธ Legal case involving Craig Wright and its potential impacts.

๐Ÿ’ป Discussion on Linux vulnerabilities and the importance of secure systems.

๐Ÿ”‘ The issue with Bitlocker's security flaw and the risks of using general-purpose computers for secure purposes.

๐Ÿ“” Mention of projects like Net, Sparrow wallet, and others with recent updates.

๐Ÿ’ก The proliferation of potentially harmful guides for Bitcoin users and the need for caution.

๐Ÿš€ Bitcoin software updates and developments, including Net enabling encrypted communication between Bitcoin clients and various wallet updates.

๐ŸŒ Discussion on Mastodon's critical vulnerability and the emergence of Nostr as a better alternative.

๐ŸŽค Chat about Noster updates and the potential for a hardware device that checks software signatures.

๐Ÿ” The concept of open protocols like Bitcoin and Nostr allowing for different apps and trade-offs.

๐Ÿค– The idea of homomorphic cryptography as a future solution for security.

๐Ÿ•ต๏ธ The potential for state actors to create malicious guides and software in the cryptocurrency space.

๐Ÿง‘โ€๐Ÿ’ป The need for good web designers in technical projects and the challenges of hiring.

๐Ÿ›๏ธ The dynamics of lawsuits and the importance of disclosing information in trials.

๐Ÿ–ฅ๏ธ The complexity of securing systems and the trade-offs between features and security.

๐ŸŒŸ The role of open-source software and the challenges of balancing privacy, security, and usability.

๐Ÿ› ๏ธ The importance of simplicity in security and the issues with complex systems.

๐Ÿ’ผ The balance between open-source ideals and commercial interests in software development.

โœจ The beauty of open protocols allowing for different implementations and trade-offs.

๐Ÿ“ˆ The bullish fundamentals of seeing more people building for their communities.

๐Ÿ”’ The importance of secure systems in handling Bitcoin and the limitations of hardware wallets.

๐Ÿ’ป The discussion on the limitations of Linux security and the risks of hardware vulnerabilities.

๐Ÿ•ต๏ธโ€โ™‚๏ธ The potential for state actors to introduce bugs into software and the dangers of malicious guides.

๐Ÿ›‘ The discussion on the pros and cons of automatic software updates and the risks involved.

๐Ÿ“‘ The idea of integrating signature verification into software itself to protect users.

๐ŸŒŸ The concept of a hardware device that checks software signatures for authenticity.

๐Ÿ“ฑ The challenges of app stores and the decision to list or not list a software product.

๐Ÿ›ก๏ธ The importance of protecting intellectual property and the nuance involved in open-source development.

๐ŸŒ The potential impact of the work of organizations like OpenSats on the open-source community.

๐Ÿ—ฃ๏ธ The discussion on the nuances of privacy in different parts of the world and the importance of respecting different perspectives.

๐Ÿš€ The role of Bitcoin businesses in supporting open-source development and the benefits of grants like OpenSats.

๐Ÿงฉ The challenges and rewards of starting open-source projects and finding a path to sustainability.

โš–๏ธ The balance between open-source contributions and the need for commercial viability in software projects.

๐ŸŽ‰ The personal anecdotes and reflections on the growth and changes in the Bitcoin space over the years.

๐Ÿ› ๏ธ The feature requests and discussions around improvements and updates to various Bitcoin-related projects.

====== Pura vida! ======

thank you sir! pura vida ๐Ÿ‡จ๐Ÿ‡ท

Which are your top 5 favorite bitcoin podcasts? bitcoin only, no shitcoinery please #podcast #bitcoin