"We write to express our grave concerns regarding the U.S. Department of Justice's (DOJ) recent policy arguments that dramatically expand the scope of the Federal prohibition on operating an unlicensed money transmitting business."

- SENATORS LUMMIS AND WYDEN LETTER TO US DOJ

In the context of #bitcoin #nostr, I've come to really dislike the phrase "we're so early". It comes off as buzzwordy to me, especially when one of those projects has been around for over a decade.

JUST IN: 🇺🇸 Congressman Sean Casten introduces the "Blockchain Integrity Act" to "temporarily prohibit financial institutions from transacting with funds that have gone through digital asset mixers" while the SEC and DOJ "conduct a study on their illicit uses."

If you are in fear about BlackRock influencing the #bitcoin protocol, YOU CAN run a node, YOU CAN support a Bitcoin dev. Do it today.

The power AND responsibility is in your hands!

But at the moment the supply increases 3.125 BTC appr. every 10 Minutes. So we have inflation.

When the last Satoshi is mined, inflation will be zero.

Bitcoins inflation rate gets cut in half every 4 years….

That’s the new coins being issued to the miners

It is inflation for now until like 2140 bro

That’s not true

The sign is wrong.

#bitcoin does have Inflation. But it never increases and it's going to zero with time.

So everybody knows they bundle our mortgages 💸 together in Australia 🇦🇺 and sell them, but nobody wants to move to #Bitcoin keys 🔐 being held in offline cold 🥶 storage? Why is that you think? Is it too intimidating for normal folk?

You seem delusional to me. Best of luck.

That’s not a thing. Pay your exit tax and move on if it’s worth it to you. There isn’t a black ops squad coming to get expats for tiny amounts of Bitcoin. It’s not remotely worth it to the state. They’re busy with their own collapsing empire.

I think staying in the US Gulag prison as I’m watching it be constructed is a stupid thing to do. Most people are just pretending it’s not happening or they’re just hoping it’ll get better as it’s perpetually getting worse. I don’t want to be one of the deluded NPCs that just gets in the cattle car. Thinking hard about going elsewhere.

The part of me that wants to exit the US police state grows by the day. Why hang around if I don’t have to?

There are places where cost of living is much cheaper and the weather is better. There are places with more favorable treatment of #Bitcoin and citizens. There are places that don’t have a fiat they can weaponize against the rest of the world and, toward the end game (now), against their own serfs.

I honestly don't get all the conspicuous apologetics for Ver, simply because he ran afoul of rhe govt. Ver was bad for bitcoin. Govt is bad for bitcoin. What's the problem with watching two unlikeable assholes get in a fistfight?

nostr is still mainly used alongside twitter. in the best rare case, as a replacement. and only because people are running away from something about twitter they don't like.

there is nothing that people want to run to nostr for yet. zaps were promising, but bitcoin is still a hurdle (one that primal is doing the best at overcoming), and it's doubtful lightning could scale to a massive adoption moment.

nostr needs a feature or experience that's unique and sets it apart. i *think* that is the ecosystem of microapps over the long term...but it's definitely not in the short term. and that might be ok.

for twitter the initial draw was the simplicity and weirdness of 140 characters (we started with zero network effect, facebook had it all...that's built over time). later it became the conversation which lead to the "public square" (owned by a private corporation ¯\_(ツ)_/¯). and then as it grew, it had a single point of control/failure people could attack.

nostr doesn't have to worry about that last bit. it's an incredible feature. but not one the average person cares about (no matter how much they yell "FREE SPEECH!"...if people actually cared about free speech, bitcoin and nostr would be all they used...they don't).

all this to say, we're not doomed. but what we think is the killer feature isn't right now. who's going to discover the one that is?

Spain too. More empty plastic bottles washing up than sea shells. 10 years ago the costa del Sol was beautiful. Now it's jellyfish, plancton and plastic.

why is it a risk? people throwing money at devs to ruin bitcoin has been happening every since i got into bitcoin in 2013

none of that matters. the risk is if we all adopt and run the code.

blackrock can spent $1T on devs changing bitcoins hard 21m supply cap. unless we, the network, adopt it then it doesn’t matter.

so let devs do whatever they want. fools game thinking we can control what people are going to do with a open source permissionless system. what we need to focus on is distributed consensus, education, being cyber hornets, etc. same it’s always been