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Rydal
13a665157257e79d9dcc960deeb367fd79383be2d0babb3d861679a5701d463b
One among many. Learner, builder, walker and creator of Open Librarian.

nostr:npub1a8jzweysxa9qmtmht874736aalm0lwdsl306nrys9d05ktlrhw3qcr5pj4 shouted this project out on the recent nostr:npub10atn74wcwh8gahzj3m0cy22fl54tn7wxtkg55spz2e3mpf5hhcrs4602w3.

Check out the latest release notes on GitHub! Also follow nostr:npub1cy80mfgpy2h0zs5kzze978qqnc8mlrlmeu70ldsvgkywk3vwlz5qlv3sfd to get the latest update reminders on Nostr

nostr:note14q6xcuvzu34c6xrzackyjd72k9qfukvh09lpzgy5cwd3dj6f0gss27m2ym

Replying to Avatar Jeff Booth

This clip from Jared Bernstein, Chair of the council of economic advisors, may help alleviate a fear to those who believe “those in power” are smarter than you.

https://youtu.be/RRJ7NUWYyEM?feature=shared

Economics is simple….1) prices fall to the marginal cost of production in a free market and 2) We trade with each other (all over the world) to gain more value.

It just looks hard through a system trying to deceive you to retain its power over you.

Wow….seriously wow….that is some advisor!! 🫠

Meanwhile in the UK:

this is fine…🫠

Then immediately lost the HWW with no backups in a freak boating accident, am I right?

Me: “Let’s just check how Twitter (X) is doing”

X Feed:

- Advert 🤑

- BTC price and charts 📉

- Advert 🤑

- Police entering university buildings 👮

- Advert 🤑

- World falling apart thread 🔥

Me: Welp that is enough doom for one week

Meanwhile on Nostr:

- Shitpost 💩

- Tech/code updates 💻

- Zaps ⚡️

- GM 🐸

I’ve said it before, and I’ll say it again. You’re doing Satoshi’s work 🫡

Ooooft need to operate a Microstrategy method. Operating costs in fiat and everything else Bitcoin.

They say history doesn’t repeat, but it certainly rhymes.

Fantastic book (Rebel Code - Linux and the Open Source Revolution, by Glyn Moody). 🔥

Highly recommend this to anyone looking around the Bitcoin space and wondering how this marvellous world came to be.

We thank all the hackers out there building the future without asking permission. 🫡

nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f

100%, that and seeing folks walk out of the pub into the bookies and then back out a min later and back to the pub. So many people looking for a quick exit…

Rinse and repeat 🔁

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.

Just to clarify I believe whirlpool was was a CoinJoin protocol right? Coordinated transaction batching. That is different from a general mixer which is where you combine funds.

The difference matters I think, we need to separate these two facilities.

Check the cartridges forward cost and compatibility. Likely they make the bulk of their money on the new filters, so you want to factor that in as an ongoing cost.