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Piriya ⚡🟧
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Bitcoin is the antidote to the Fiat poison.
Replying to Avatar NVP Navinpeep

Bitcoin Seoul 2024 Recap: Bitcoin Ecosystem In North East Asia

Bitcoin Conference in Asia

- Bitcoin conference in Asia to discuss trends in Northeast Asia, including Korea, China, and Japan.

- Report on how Bitcoin is perceived in various parts of the world shows Japan has low adoption, China is in the middle, and the Korea has high adoption.

- Skepticism of Bitcoin is higher in the US than in other countries.

Public Perception of Cryptocurrency

- Public understanding of cryptocurrency is improving, but still limited.

- Recent events, such as the fall of Luna, have contributed to this change.

- Many people still view cryptocurrency with skepticism and uncertainty.

Investment Opportunities in China and Japan

- Real estate is shaking in China, while stock markets are performing well, attracting investors from traditional sectors.

- Japan faces a challenge due to limited job opportunities, making it less popular for investment.

- Investment opportunities in Japan are hindered by a lack of interest in investments, as well as language barriers.

Challenges in Starting a Business

- Starting a business is challenging, especially cryptocurrencies.

- It requires creativity, significant investment, and a focus on creating actual value and utility.

- The difficulties are similar for both Japanese and Chinese.

Discussion on China's ban on cryptocurrency

- China's ban on cryptocurrency and its impact on businesses.

- The ban has caused confusion and uncertainty in the cryptocurrency industry.

- The long-term effects of the ban are still unknown.

Cryptocurrency Discussion

- Difference between Bitcoin and cryptocurrencies.

- Hong Kong approved ETF Bitcoin and its significance.

- China's potential shift towards openness in cryptocurrency regulations.

Japan's Response to Fukushima Daiichi Nuclear Disaster

- The Fukushima Daiichi nuclear disaster caused significant safety concerns and economic losses in Japan.

- The government compensated for the financial losses, but public fear and regulatory challenges persisted.

- Radiation from the disaster affected the region for several years.

Regulations in China and Japan

- Regulations in China are ambiguous but not strictly followed, while in Japan, they are ambiguous but strictly followed.

- Strict regulations in Japan prevented losses during the FTX collapse, but they can also hinder innovation.

- The government's role in regulating cryptocurrency is a complex issue with both positive and negative aspects.

Discussion on Luna and its impact in Korea

- Luna, a cryptocurrency, experienced a significant downfall last.

Discussion on regulations in Korea and its impact on Bitcoin trading

- Regulations in Korea have increased, affecting Bitcoin trading.

- Exchange limits have become stricter, impacting peer-to-peer Bitcoin trading.

Lightning Adoption Trends in Japan

- Lightning adoption in Japan is driven by technically proficient individuals.

- Compared to other Asian countries, Japan has fewer technical experts.

Korean Cryptocurrency Market

- Korean cryptocurrency market is very active.

- Regulations in other countries make it difficult to trade cryptocurrency.

- Many people in Korea like to buy cryptocurrency.

Challenges in Promoting Blockchain Adoption

- Korea has advanced in blockchain technology, but adoption and social impact are lacking.

- Efforts are being made to increase adoption, such as organizing meetups and setting up stores.

- However, there seems to be limited interest from the public.

Lightning Development in Japan

- Lightning development in Japan is hindered by regulations around custody.

- Custodial lightning requires expensive exchange licenses, making it difficult for developers to build simple applications.

- Non-custodial technologies are expected to drive adoption in Asia.

Networking and Shakepoint

- Networking is important, but not many people reach out.

- Shakepoint is popular in China and has developers working on it.

- Developers are waking up to the importance of networking.

Cryptocurrency Exchanges in Korea

- Many investors are interested in investing in lighting network related progress.

- Korea has some of the highest point exchanges.

- There are many people who trade their cryptocurrencies in Korea.

Blockchain Technology and Its Potential

- Blockchain technology is unique and has the potential to revolutionize various industries.

- It allows for secure and transparent transactions without the need for intermediaries.

- Its decentralized nature makes it resistant to censorship and fraud.

Adoption in Korea

- Adoption process in Korea is fast, unlike other countries.

Discussion on Payment Methods and Exchange Adoption

- Exploring alternative payment methods like widely payment.

- Privacy concerns in Japan may hinder exchanges from adopting lightning.

- Exchanges prioritize other factors like fees and growth over adopting lightning.

Discussion on the properties of sound money

- Sound money should be usable by anyone, anywhere in the world.

- The US Dollar is the primary source of funding for terrorism worldwide.

- Bitcoin has potential as a sound money due to its decentralized nature.

Discussion on Data Recording

- Recording of human activities is a concern.

- Unsure about the best course of action.

Positive Impact of AI on Education

- AI has the potential to revolutionize education by making learning more personalized and interactive.

- It can help students learn about complex concepts and develop critical thinking skills.

- AI-powered tools can also help educators track student progress and identify areas where they need additional support.

What we do on a Bitcoin conference.

Second day on making sandwiches vs ending the fed.

'Why world leaders are focusing on Bitcoins?'

Stuck in a gear hoarding loop again. Gotta stop.

Booted up farcaster to see how things are going over there but couldn't get in as they still haven't fixed the bug where IT REQUIRES YOUR EMAIL TO CREATE AN ACCOUNT.

What a joke.

ลองกดดู มีด้วย

แต่สิ่งที่ Nostr ไม่มีคือ algirithm ที่จะคัดสรรมันมาให้เราโดยที่เราไม่ได้ร้องขอ

ส่วนใครที่ต้องการก็สามารถไป follow hashtag กันได้ด้วยตัวเอง...

เว้นแต่มันจะติด #siamstr เข้าไปด้วย 555

Replying to Avatar negr0

nostr:npub1prya33fnqerq0fljwjtp77ehtu7jlsjt5ydhwveuwmqdsdm6k8esk42xcv cerra un poco los ojos en tu #pizzaday y vas a verte en la 🍕

#negr0art

Thanks, it's onenofnthe days I eat carbs, just for Bitcoin Pizza day.

Replying to Avatar Gigi

GN

Corporate dragon.

I was so excited to meet nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 tonight.

But he's playing starcraft on stage.

Sharing my dinner

GM #siamstr

I'd say each to his own, but does money work if it can't be used as money? Can Bitcoin holds its' value if it doesn't ultimately become both SoV and Currency? I don't think so, you just can't have one without the other, or can you?

One could use gold as an argument, but when gold was reduced to just SoV it also lost most of its monetary demand.

The problem is, NGU need that monetary demand to keep Bitcoin healthy and strong.

nostr:nevent1qqs2677d86dsatxygtfekwrt0g9lhjzr8a3epqtsme9wyz647gyw7scpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzql9xd4qkdvt02jsks6qerwsuvwr2janzfarrfuufdkdkws9r3r9rqvzqqqqqqyz73aus

GM plebs.

Sats are cheap. Will probably gets cheaper for a few days.

Stack wisely.

Was talking to mybwife the other day about how, historically, artists and creatives are almost always the most open to communistic ideologies.

Success in art is difficult and the road brutal so it's only natural.

But there are also artists who value proof of work, artists who does not eely on external validation government handouts to survive.

nostr:nevent1qqsdqmrpc4tn5m25styxp590qf8r0wc72yq458jhdr2y655fjy7pfjqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp3yw98cykjpvcqw2r7003jrwlqcccpv7p6f4xg63vtcgpunwznq3qvzqqqqqqy78709h

I have the MV7 and SM7b they do sound similar but SM7b is more versatile and easier to use with the capsule set far back and better foam.

The sound quality also gets an upgrade through a good audio interface. I use it through my Rodecaster Pro and Volt276 through a cloudlifter.

But after a while I fell in love with the RE20 instead. That mic suits my voice much better.

Funny as it is, we also need to realize that the push to 'cleanup' bitcoin by going PoS is a direct attack on Bitcoin's decentralization and sovereignty.

PoW is the most important anchor that is preventing monopolistic rentseekers to take advantage from holding Bitcoin as yield generating asset like they do with fiat.

Though it may seem laughable and boring to us, these videos are effective in fooling people who does not understand money, energy, and economics into villifying Bitcoin.

Don't get bored, don't get tired, have the compassion to repeatedly explain and educate people that Bitcoin is, in fact, the only way out, the only chance we have in the foreseeable future.

nostr:nevent1qqs9ajkv44yyrw04tsgzrskhl5fkk3veqq0jtmv9uze5wdeqjl5shpgpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzypztvhrrspr5u3f0a43teuv7gencvhfty9u30y3fvmr2r2tnzq8rxqcyqqqqqqgdl4fx4

เมื่อวานพาขมิ้นไปแข่งเต้นที่ terminal21 พระรามสาม

เจอ @tukjedsadatik

ภรรยาเขาถามว่างานฮาล์ฟวิ่งมีได้ขาวว่าเมาจนหลับ

ผมก็ต้องบอกว่า "ไม่รู้สิครับ"

นี่ไง มารยาท เห็นมั๊ย อย่าไปยุ่งเรื่องคนอื่น

5555555

เงินเฟ้อ คือต้นทุนของการใช้ระบบเงินเฟียต

ไม่มีระบบการเงินใดที่สามารถทำงานได้โดยไม่มีค่าใช้จ่าย

ระบบเงินเปลี่ยนที่ดูเหมือนกับว่าเงินจะสามารถถูกสร้างขึ้นมาง่ายๆโดยไม่มีต้นทุน ที่ดูเหมือนว่าการทำธุรกรรมจะสามารถเกิดขึ้นได้รวดเร็วราวกับเวทมนต์ ที่ดูเหมือนว่าจะมีคุณประโยชน์มากมายต่อมนุษยชาติเองก็มีต้นทุนค่าใช้จ่ายเหมือนกัน

ต้นทุนค่าใช้จ่ายของการใช้ระบบเงินเปลี่ยนคือการที่เงินของทุกคนจะต้องเสียค่าลงเมื่อมีใครก็ตามผลิตเงินขึ้นมาใหม่

ผู้ใช้ระบบเงินเฟ้อไม่ได้จ่ายค่าใช้จ่ายในการใช้บริการโดยตรงจะจ่ายค่าใช้จ่ายเหล่านี้ทางอ้อมตลอดเวลา ไม่ว่าตัวเขาจะผลิตเงินหรือไม่ผลิตเงิน ไม่ว่าตัวเขาจะอยู่เฉยๆหรือกำลังทำธุรกรรม

การพิจารณาว่าคุณประโยชน์ของระบบเงินเฟียตนั้นคุ้มค่าหรือไม่จำเป็นต้องพิจารณาถึงต้นทุนค่าใช้จ่ายที่เราได้จ่ายไปตลอดช่วงระยะเวลาเกือบร้อยปีที่ผ่านมาด้วย