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Being the man my dog thought I was (also GFY) he liked knots

Gm freaks, just a little data point, how early are we? El Salvador is first in Google trends, uk is 28th just behind US, just ahead of KENYA!!!!! And even so, nothing to get excited about.

Wondering how this might change in the next 6 days….. day one exec orders…… #freeross

Gm nostriches,

Bit of #bbcgaslighting about uk #inflation in December. Remember, this shit is cumulative. Peace out frens.

Set up a wallet of Satoshi for my eldest, and have been sending ZBD winnings since mid 2023. She asked how to send sats last night, so she sent me one, then I sent her a few back.

Told her she was in the tope 0.1% of the world of bitcoin adoption. She was pretty pleased. I am very proud. 😘😍

And the masses are simply asking for a pay rise…… Gm. Stay strong.

Gm nostriches.

Inflation moves into hyperinflation, not when taxes no longer meet government expenditure, nor when the government chooses to print their way to filling the gap.

Inflation moves into hyperinflation when faith is lost in a currently, and people begin by choosing other assets to store their value in and later look for people who will transact with them directly in their new store of value.

Hyperinflation is not something from the distant past nor distant lands, but happening all around us, now. Ever since we started buying houses to save for the future, the value of our currency started to crumble (I’m looking at your tricky Dicky).

What faith do you have in your local currency that you are using by decree (fiat) that is likely inflating at upwards of 10% a year, today ? Are you actively reducing your exposure to the hyperinflation?

When more people realise this, those running for the exits will transition from a trickle to a flood. Are you positioned? Will you be left to scramble? I’m now accepting I will have assets that will just have to jettison….. such as my house!!!! #bitcoin #grownostr

Rather dark image AI gave me for “hyperinflation in the uk”, is that what ai thinks uk women are like?!?!?

Gm nostriches.

So lots of fun and games with the work AI yesterday, “give me a picture of a man and a dog, put them in a mountain, make the dog a huntaway, was awesome. Then tried to make an imagine of kier starmer combined with the cover of Orwell’s 1984…….. oh, computer says no, or should I say, censor says no……. Now time to explore more open source offerings. #grownostr

👀

nostr:note1ln69c9vx8cdsupc79wwyjaq8hm6adasxxf88kk497pa4pv5c8a4q8wxqur

Ga nostriches, so on 17th December the gbp bitcoin all time high was £85,194, when one British pound bought $0.79. Today, we’re pushing past $0.82.

When #bitcoin breaches a little over $104k, if things don’t change we’ll have a new GBP all time high. If things continue, the Britain continues to slide, it could be sooner.

And it hasn’t been a month since the last all time high.

And the market nukes in 3, 2, 1

#bitcoin ACCELERATE

This clown is hilarious. Keynesian brain at its finest.

Ga nostriches. Many times the price may look like it’s falling, but only once in 2022 did I see my money, gbp, fall as quickly, making the dip on #bitcoin look less.

People joke about not buying bitcoin to make more fiat, but this is serious, if more people knew the state of the uk economy and the strength of the British pound (medium and long term) they’d be running for the exits.

I’m not buying bitcoin today, I’m front running the end of pound sterling.

I wonder how long this monster of a consolidation has been waiting in the #mempool. 546sats x over 1000 to get a utxo of 680k sats. That’s come impressive DCAing, and at 1.11 sats/vB, still cost over $100 in fees.

The message of this tale, keep a tight utxo house so you can be your future friend. #bitcoin, don’t waste those small utxos, because one day they could be unspendable.

Great read nostr:npub1t289s8ck5qfwynf2vsq49t2kypvvkpj7rhegayrur0ag9s2sezaqgunkzs, Bitcoin helps imagine a better future, while also giving us back the time required to work towards it. The hard path, IS the way. #bitcoin

nostr:nevent1qqsgljzqpruj6ckdmrxx2a5mnfnye0s4pum4ra7kr6j3yxk3xn6pcfgzyqg003lhwtwcjvmuerdkqswtvyajue5glz73jt54ju5nwk04dq76jqcyqqqzvjskqyu2c

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Gm nostriches.

Jan 3rd; Genesis block day, more ceremonial than anything else to coincide with the “chancellor on brink” message to the world, but said to the world, there was a software system behind to white paper.

Jan 9th was when the first block was actually mined and 50 #bitcoin were rewarded for completing work, at which point a block was added and the proof of work chain came to life.

Jan 12th was when the next promise of the white paper was realised, Hal Finney received 10btc (now worth 10btc, even you fiat brains can do the maths yourselves) at which point, the idea of a peer to peer electronic cash system became a reality.

Happy Jan 12th, peer to peer electronic cash day. Have a wild one freaks. #bitcoin #jan12 #grownostr #block170

Gm nostriches, finishing off the #runningbitcoinchallenge with an 8k run in sub zero temps after breaching 30k for the month so far, may dial it back, very happy 😃 was wearing gloves!!!! Hanging out with Bob Hood. Now #coffeechain to warm up. Thank you satoshi, thank you Hal.

Aimed for a short reply, but then happy there is no 256 character limit. 🫡🙌

Depends on your utxo situation and privacy level of coins, eg careful not to mix private with kyc’d coins.

If you went the ledger live/ledger recover routine, probably best to consider a new seed phrase, although coins will still be linked to the original ledger account, but from personal experience, when I’d had enough of ledger I moved things. Makes me feel a lot better when I get phone calls “from ledger” suggesting I move funds and requesting my seedphrase, when I have nothing with them and I then ask them whether their family is happy with their career choice as a dirty scammer 🫡.

Security is one thing (they’ve never been cracked), but when they can’t secure your personal data as well, made me want to get the hell outta dodge. Social engineering is how most coins are stolen.

So personal preference, ledger doesn’t/shouldn’t have any knowledge of your keys, maybe set up coldcard with your current seedphrase and then use sparrow or something to transfer out to jade (I don’t know much about doing this with jade). Best of luck

Gm nostriches.

Jan 3, “chancellor on brink of second bailout for banks” is great for the headlines and all (no offence nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a , love your work), but today actually represents #bitcoin’s 16th birthday, when it actually used proof of work to create a chain of blocks providing a reward that could actually be spent. Happy Jan 9th everyone, next big milestone coming in soon freaks. 😘

#bitcoin #firstblockday Lfg raising a #coffeechain with the #catstr to that.

Oh my, above the rate experienced during the gilt crisis of 2022 you say? Oh my, this uk labour government are screwed and there is no supply or political shock in sight.

In other news, just doing some work and saw that in 1990, uk national debt was £160B, now it is £2.8T. Yeah my friends, that’s annual monetary inflation of close to 9%.

Hope your stock and bond portfolio can match that. #bitcoin #grownostr #ukoutoftheg7