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TythePhoneGuy
0a24030d0cb764616d671f8af964d75bf63e7014f5f0afd9b1a65cfcd2e901e7

I wish I'd seen this earlier...

I've already checked it 3 times this morning :)

I've been in the prepaid phone business for almost 20 years. Would anyone be interested in paying for their prepaid phone service via Lightning? Thinking about using Plebeian Market for this...

#prepaid #cellular

Bitcoin fixes this!

Reminded me of this...

Romans 1:20-21

For since the creation of the world God's invisible qualities—his eternal power and divine nature—have been clearly seen, being understood from what has been made, so that people are without excuse.

If history repeats...

2028

$539,028 Home

.84 Bitcoin

Bitcoin Miners :)

Dang! Who said what at the BTC Conference to make the price drop? 🤣 #bitcoin

Feel free to send Sats For Food! LOL j/k 😎

Finally seeing some consistent positive numbers with Bitcoin!

1 Day - Up 6.7%

1 mo - Up 3.6%

6 mo - Up 73.7%

1 year - Up 142.2%

Something I haven't heard anyone talk about...

As investors buy into Bitcoin ETFs, the ETFs buy Bitcoin. But, just because investors sell their Bitcoin ETFs, this doesn't necessarily mean the ETF companies must physically sell the Bitcoin associated as long as they have the cash to settle customer accounts.

Meaning, price goes up with incoming investments, but the price might not necessarily go down when investors liquidate. Correct?

#Bitcoin #ETF

Replying to Avatar Samson Mow

Keep calm and HODL #Bitcoin.

Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down.

Samourai

You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not.

There are a few components here that need to be evaluated on their own.

1⃣ Samourai was a self-custodial wallet

2⃣ Samourai was a mixer

3⃣ Samourai was providing normal people with privacy

4⃣ Samourai were knowingly marketing the service to criminals and flaunting that fact

Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too.

They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial.

All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight.

FBI PSA

Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it.

Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help.

The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized.

Phoenix Leaving

As nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction.

Keep Calm

Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about.

To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu).

It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system.

#Bitcoin is freedom technology and it will continue on.

Go outside this weekend and think about why you're here.

Well said! Stay calm, keep fighting the peaceful revolution!

The fact that not all bitcoiners are Christians, yet most bitcoiners seem to be "good" people, fighting against evil is beautiful! 💙

The awesome thing about nostr is NO ADS! But, I realize that no ads means developers are making a living the same way that a developer from X or FB could make. Unfortunately, that means progress might be a little slower. I still use FB for a few reasons (hoping to eventually drop FB for good soon).

1. FB Marketplace - I hate the ads and scammers, but I enjoy looking at local things for sale, and this is the place to find them. Hopefully nostr will solve this.

2. FB Business Page - I own a small cellphone store and this is where my customers can connect with me.

3. It's where all my "friends" are! (ugh, I hate that phrase, but it's true. Although, I'm starting to not care so much)

I look forward to the future of NOSTR! I believe we just have to keep pushing onward!

I notice that my AQUA Wallet has only 1 seed phrase. If I were to need to recover my seed phrase in a different bitcoin wallet, would I lose the Bitcoin in my Layer 2 wallet? Or, does the Layer 2 follow the original seed phrase?

#jan3 #aquawallet