Best composed song/video I've seen in a long time.
Unlocked: The Prison Experiment was very interesting on Netflix.
Fuck right off commie. Projection overload. Go back to your padded legacy echo chamber.
Thanks for aggregating like-minded people to follow in the comments though. 👍
In 1970's the Hunt Brothers noted a squeeze opportunity in Physical silver. They saw the COMEX could not deliver the amount of Silver it claimed it had.
So throughout the 1970's Hunt Bro's started buying Silver to corner the market. They started buying with cash. Great.
But then they started buying with leverage. Critical mistake. They used more and more leverage as they drove the price up with their buying.
In 1980, Silver Thursday, Silver price dropped below their margin requirements and they went bust, and Silver collapsed.
✳️ The Hunt Brothers were right about the silver shortage. Their only mistake leverage.
✳️ Saylor is right about Bitcoin's limited supply. But the leverage he's using to buy it will skewer him eventually. He will not sell BTC to repay his loans, so when price drops significantly below his ACB, he'll be wiped out.
The irony is, fiat is failing due to debt, so people buy Bitcoin.
This fucktard is buying Bitcoin with debt. The exact same debt killing fiat. 🤦♂️
He's Hunt Bro's 2.0 and will end exactly the same way.
Damn, that's toughness. Those tear ducts must be going insane.
MSFT = Most overvalued company on the planet. Absolute shit product.
Literally the number 1 search term on Bing is "Google". lol
It really is. Has a ton of stickiness to it. I've listened on repeat since release and still haven't got sick of it.
-Kill Shit Til I Die
-I ain't in the Country No More
-Jack
-Sold Out
Mockingbird and Crow (song) is prob my favorite though. Builder.
Ya Hardy is flat out awesome.
Checks out. Ecosystem is losing momentum.
I think the underlying Nostr protocol has merit. But client devs are out to lunch. Some need to be purged for sensible development and network effect to occur.
Some country for ya bud. 😉 🤘
NEW LOW $59k: Decision zone still, but it doesn't look good for Bitcoin.
A 5-wave completion off the March highs confirms $74k as the top. It means the 80% Bitcoin correction lasting ~2yrs has begun. Be. Careful.
250k sat starting bounty to build block by NIP-05 domain. Who wants to build and who wants to match?
Blocking is not the answer. Endorsing is.
Endorsing is OPT-IN. Blocking is FILTER-OUT.
Blocking catches good people in the filter and creates the same censorship issues as legacy platforms.
Endorsing requires someone on the inside to vet and allow a new person into the trust circle. Like a FB group, Reddit sub, etc. Endorsing is the key to solving spam.
Human behavior is what TA charts. I mean, great if you have a process. But TA work specifically because people don't believe in it.
Then you didn't learn TA. This post from my LinkedIn Nov 2022. I gave bullish guidance 23 times since.
As soon as we hit $70k, I warned of the potential top (including here on Nostr, where a bunch of coders started crying).
I've been tracking that potential top's confirmation status ever since.
So ya, TA works. It works very well.
Ya they're self-proclaimed maxi's of like 8mths. So many fucking posers on here.
Ohh gee, the gov says I can't own it? What will I do?!?!
Live on your knees and eat the salad.
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.
lol
A) This could be incredibly reckless advice. The charts are going to tell us in 3-6wks.
B) If you're holding Bitcoin, only as long as it's legal, you might wanna rethink your life. What are you going to do, sell it when they ban it? FMR.