nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n saying to nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgqgzx3h
"ppl who say "iam not this, Iam not this ..." that acutally are those ppl."
CD150 1:17:24
"Euro-Cent" (common usage)
"BTC-Sats" / Bitcoin-Sats
???
"Since the introduction of the Payment Accounts Act (ZKG) in 2016, banks and savings banks have been obliged to set up at least a basic account for eligible persons - often people in need or refugees.“
Germany
Grok:
"Das englische Wort „scuttlebutt“ lässt sich ins Deutsche am besten mit „Gerücht“, „Klatsch“ oder „Tratsch“ übersetzen. Es bezeichnet informelle, oft unbestätigte Informationen oder Gespräche, die in einer Gruppe kursieren. Der Begriff stammt ursprünglich aus der Seefahrt, wo „scuttlebutt“ ein Trinkwasserfass bezeichnete, an dem Seeleute sich versammelten und Neuigkeiten austauschten."
In 2004, Germany's defense minister said of the "German role in Afghanistan":
"Our security is defended not only, but also in the Hindu Kush when threats to our country form there, as in the case of internationally organized terrorists."
every dumbass knows how wonderfull all this played out.
ask Sen. Lindsey Graham & Co. what's all about.
oh, remember this:
"standing on the shoulders of giants"?
e.g. this Podcast with
is full of examples:
https://fountain.fm/episode/UnEFbZh9mOpZwICCuHOg
one / and may be the best one /of them:
at 15:38 ...
secure scuttlebutt by Dominic Tarr
where is he, why isn't he on nostr ?
on his sailboat still?
simple: he is not amongst us !
kind of dead, right?
or take David Chaum. not dead, I guess, but not on nostr and won't be.
that's what I mean by saying: these giants are either dead, or not amongst us.
and their worthy successors?
They are already here.
That will have todoo, I guess.
I fckin love the word and the historical use of it:
scuttlebutt
Und wenn es zum hundertsten Mal ist. Es tut immer wieder gut einfache und richtige Sätze zu lesen.
zum ersten Absatz mein Vorschlag:
Wirtschaftsweie Veronika Grimm -
Frau von Wirtschaft Null Durchblick
Let's forget for a second about the "lost coins"
in sats (based on an earth population of 8 billion):
262500 sats per every human being
and then one step further:
https://stacker.news/items/193544
on LN we have msats
x 1000
= 262 500 000 msats
indeed - that should be enough for a start
I had an interesting conversation today:
the person was well informed about bitcoin, even made a clear distinction between bitcoin and shit-coin. Also saw the potential as a store of value. But had doubts that bitcoin would be able to assert himself as a medium of exchange.
With the following arguments:
I quote more or less close
"My life experience tells me that people are collectors. Once they have decided on one thing, they want to accumulate more of it. With the cap in bitcoin of 21 m., I can't imagine that this will be enough for everyone. In the event of an currency-collapse, people will look for something that is not (so) limited."
The main concern was that bitcoin could be unsuitable for “smaller purposes”.
When I asked, it turned out that this person didn't know much about the unit satoshi, so even less that there were 100 mio. per coin of it.
The person then also said that he would look into this aspect in more detail.
The fact is for me:
The perception of "normies" is dominated by BITCOIN. And the figures are now so impressive, overwhelming, almost deterring for the observer who is not deeply involved.
Even if he is looking for a safe-haven for his funds.
May be, we must make it more obvious that the proverbial cigarettes as medium of exchange after the currency-crash are the SATS.
In short - my impression was:
the person had come a long, long way, but 50 meters before the finish line he had lost his way mentally, for some reason he was no longer running in a straight line.
OP_RETURN, Filters & Bitcoin’s Identity Crisis w/ nostr:nprofile1qqsrwseygwgtu5688flrkwudqnwws0mvj52tsx5e07emzg7qwthe77qv68ayf
We discuss:
- The OP_RETURN Drama
- Spam & Filters
- What Is Bitcoin
- Bitcoin Core
Watch it here: https://youtu.be/gjYrzi7xYo8
chapeau !
to the "huge, opinionated loudmouth" and "giant, fcking prick"
41:50
"it's not about you"
listen to what he has to say !
bravo !
it's much easier ...
in hindsight ...
It was predictable
They can buy btc with fiat and draw from the full, because they are controlling the printing press.
@VNPRC - as I understand- is speaking of newbies ready to invest fiat into buying energy and hardware to get tokens to get bitcoin
fine, brilliant
lfg
SBR
SDR
hm...
Lawyer @zackbshapiro explains how the legal classification of Samourai Wallet as an MSB sets a precedent for how similar non-custodial privacy tools might be viewed under U.S. law
On April 23, 2024, founders Keonne Rodriguez and William Lonergan Hill of Samourai Wallet, a non-custodial Bitcoin wallet known for its privacy features, were indicted by the Southern District of New York for operating an unlicensed money services business (MSB) and conspiring to commit money laundering. According to the indictment, #Samourai Wallet facilitated over $100 million in transactions derived from criminal activities such as dark web markets and various fraud schemes through its advanced privacy features, "Whirlpool" and "Ricochet". These services were designed to obscure the origins and destinations of Bitcoin transactions, purportedly to enhance user privacy. However, federal prosecutors argue that these features were aggressively marketed and used as tools for laundering criminal proceeds, while the operators willfully ignored mandatory MSB registration and Anti-Money Laundering (AML) program implementations.
This case marks a significant moment in the ongoing debate over financial privacy and the regulation of digital currencies. The legal classification of Samourai Wallet as an MSB sets a precedent for how similar non-custodial privacy tools might be viewed under U.S. law. Non-custodial wallets traditionally do not hold customer funds, differing from banks or traditional financial institutions that fall clearly under MSB regulations. However, the use of technology in Samourai that actively facilitates the obfuscation of fund sources and destinations blurs these lines, potentially broadening the scope of what might constitute an MSB. This case could lead to more stringent regulatory oversight and requirements for all #crypto wallet providers, especially those offering privacy-enhancing services. The outcome could also influence the balance between the need for regulatory compliance to prevent illegal activities and the rights to financial privacy for lawful users in the burgeoning landscape of digital currencies. https://video.nostr.build/c6c54871a88b58eccf824bd95b04d019b9aa284f8b8a484b1d6917fe2efc5cfb.mp4