Avatar
Louferlou
0c24e3235228f3ee5369d4a8a46ea92f28f1a83936de61ac6b4003d40344d422
Just a noob #Bitcoin

Yeah you are now extremely poor so there is nothing to tax indeed. Not sure it's ne most clever way to make it though.

Plus if you bought Bitcoin or even XMR through exchanges in the first place and /or convert into Monero afterwards, you still owe the capital gain taxe

I've been trying Zeus forever, and been especially extensively testing it these last days. I'm sure it will be the bitcoiners' wallet of the future. The general trend is bullish, works better and better, faster each upadte, less bugs....

It's fullfiling the vision I had years ago on what should be a Bitcoin wallet, but that I could only dream of as a non dev guy.

On-chain, LN, a bit of custody for small amount and async payment, privacy focused and the ability to automtically and smoothly switch to a non custodial channel when it's possible.

The only competitors are Breez & Bitkit in this category. But Breez recently is a lot into the nodeless approach that I don't really appreciate because it's custodial. And Bitkit we'll see but Carvallo is so bearish on LN that I not bullish on Bitkit long term even if it's really promising.

Anyway future is bright and I'm quite sure LN doomers are wrong on the long run.

Most of my Bitcoiner friends have a psychological block with nostr. They just don't see an interest drop it and move to other things.

This really strange to witness. We can fill that this thing could be the start of new kind of web but...

United shit of America you can quit or not work if your are your own boss

In France aka Socialistan you are fined if you decide to work

We are not the same 🤣

Replying to Avatar jb55

nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev didn’t believe me that you don’t need an ID to vote in some US states 😂. It’s so dumb it’s unbelievable.

Voting itself is dumb and just a part of the rat race psyops in fact

No different from asking slaves to vote for their new master, this is just as dumb as that in fact

The government did yep. All government did. The State is a killing machine designed to perpetrate genocides of all kind, we all know that.

But if you agree with non agression principle you can well think whatever you want I don't really care.

It's when you enforce your vision through the State that it becomes problematic, fascist, woke, progressive whatever, the same

"All within the state, nothing outside the state, nothing agaisnt the state" - Mussolini

Replying to Avatar Forever Laura

There’s something that’s been bothering me for a while.

To some 'Bitcoiners', I’m not 'Bitcoin' enough as if that’s even a real thing. Like being called progressive or feminist is supposed to be an insult. LOL.

And then every time I go back in my hometown, like last night, I get called a conspiracy theorist. Even for talking about the most basic bitcoin stuff (like the fact that dollars is not pegged by gold) 😭 and this happens a looot even on my social media

The truth is that nothing messes with your head like realizing that EVERYTHING you’ve been told about one of the most fundamental things (money) was wrong… and THEN suddenly finding yourself surrounded by people who also question the moon landing and whether sunscreen is even useful 🥲

But let me tell you something.

And I’m saying this to myself too. It’s fine. It’s all fine.

People are always trying to put you in a box. You’re either woke or delusional, feminist or comunist, sheep or lunatic. The financial system is a huge scam yes, but I don't question literally everything else. I drink wine and eat carbs on a daily basic and fuck yeah. The truth is, I live in the middle. And I’m OK with that. I absolutely love my life the way it i.

Being in the middle is what makes me human. It’s what allows me to see nuance. It’s what makes life richer, messier, and full of meaning. Also, I'm surrounded be so many and SO DIFFERENT people, I could never close myself up in my own world or diet.

I don't know in which point you are in this bitcoin journey but don’t be afraid to stand in between. Between two fires, two colors, two truths. Because that’s exactly where things start to make sense.

Basically if you are ok to not steal from your fellow humans brothers/sisters, you can be whatever you want progressive woke or even fascist (it's the same actually)

That as simple as that. Don't steal. With that said life is easy and living in society works pretty smoothly.

Rue Andrieux, Paris, France

Replying to Avatar Lyn Alden

GM.

Chapter 13 of Broken Money is called "Heavy is the Head that Wears the Crown".

It focuses on the US trade deficit and why it arises structurally. In short, since the USD is the global reserve currency (for reserve assets, international contracts, FX trading pairs, and cross-border funding), there is tremendous automatic demand for USD in the world compared to other fiat currencies.

To supply the world with that ever-growing need for USD to service all sorts of needs, the United States runs structural trade deficits with the rest of the world. That's how the USD spills out to the rest of the world for them to use. And the mechanism for that is that the overvalued USD boosts Americans' import power, reduces Americans' low-margin export competiveness, and basically forces open that trade deficit.

That trade deficit is the cost of maintaining the benefits USD system as currently structured. The fatal flaw is that those who bear the cost (e.g. industrialists in the Rust Belt) are not the same as those to gain the benefits (e.g. Wall Street and Washington DC folks). And those costs and benefits accumulate over decades, resulting in rising populism and pushback, which is now front and center.

The challenge that the administration faces is that they have identified a real problem, but are tackling the surface issues rather than the underlying structural issues.

Anyway, I uploaded that chapter 13 on my website for free reading:

https://www.lynalden.com/wp-content/uploads/broken-money-chapter-13.pdf

Shouldn't importing lots of cheap goods and services by printing money, make their companies very competitive and somehow compensate the difficulties of their low margin exporting companies ?

Replying to Avatar jack

Not sure I'm understanding correctly from English, but disregarding things beyond our control seems like the being a frog being cooked slowly in the boiling water.

I'd say that freedom is fighting things beyond our control by finding sly round about ways. But not disregarding them.

If you do it through an exchange it means you are either extremely rich (P2P doesn't work) or a comie afraid of the IRS

1-Phoenix

2-Breez

3 - Zeus (only in 3rd because a bit slow to start and can be tricky)

4- Bitkit (best UX but still a bit buggy)

5 - Umbrel + Albyhub/Alby Go

6 - Green Wallet ( Good but payment are taking a very long time to settle for some reason)

I think it depends on the mint policy. The cashu protocol seems to be suited to work well on top of Bitcoin/ LN, but you have to trust the ecash mint to really own the underlying Bitcoins