Avatar
localhost me/acc
194b0e8f99ded985558d2696e8b68bd1eb30fa34f1ded907fe73020b8a9ec6c9
Freebooters for decentralization, without all the colonialism bullshit. Onetime sockpuppet, doxxed into existence. Learn Encryption -- Teach Encryption *Rewrite it all in Rust*

....he keeps saying cryptocurrencies ........ guys. he is going to screw this up isn't he?

sourced from deadbird but so fucking true

The comments.... Uggg cultish followers add to the dark timeline. They can't accept it...and still don't see his tragic arc

Replying to Avatar L0la L33tz

David Bailey just posted the draft for an executive order for the Bitcoin Strategic Reserve under Trump – and it's an absolute nightmare for anyone using bitcoin as money.

First, the draft order defines Bitcoin as "a finite store-of-value asset, akin to digital gold."

As someone who has lived on Bitcoin for a fairly long time, I can say that Bitcoin is not merely a "store-of-value asset", but a money for payment and day to day purchases.

Defining Bitcoin as a "store-of-value asset" reinforces the ossification narrative (who needs to move a stonk several times in a day?) which may put developers at risk when prioritizing changes to btc to make it more usable as money (think scaling for example).

With this definition, a softfork to activate covenants may become an issue of US national security that goes against the US' definition of its primary goals - directly putting developers in the firing line of the United States Government.

The draft states that federal agencies, such as the US Marshall's Service, may not auction seized Bitcoin off, but must contribute them to the strategic reserve.

This not only reduces the Bitcoin in circulation available to the public, but additionally sets the incentive for the US to increase its seizing efforts – think increased AML/KYC.

While I'm no fan of the strategic reserve in general, this draft is an even bigger disappointment than Sen. Lummis' proposed Bitcoin Act.

To compare this to how El Salvador has implemented Bitcoin, which I admit I initially wasn't a fan of either, ES directly gives citizens rights to use Bitcoin as money - which is a huge upside to benefit the people, and not just the national security state.

No offense, but letting a couple of children that just graduated college and a guy who runs a magazine draft US policy is a scene straight out of idiocracy.

Next time, maybe try speaking to the people actually building and using bitcoin, not just to the boomers and national security goons that sit on the money like a fat kid at the cake buffet.

Incredibly unprofessional conduct here by BPI, a huge risk to anyone using Bitcoin for anything other than an investment, and a testament to the people involved being more interested in furthering their own importance than to empower people with a money without state.

Sincerely hope that this EO is drastically challenged on all levels and hopefully somehow deemed unconstitutional to protect btc and the people developing it.

I agree with every bit of this. Immature product trying to rally a crowd.... go work on ETH or whatever if you want to build your personal brand. This should be rejected as is

Well my automatic buy just completed my first buy over 100k... its not official till you buy or sell it Congrats everyone stay humble

I was visiting with some friends and they are non crypto/bitcoin folks. Talking about bitcoin and they can't help but conflate crypto and bitcoin.. they showed me their social feed. mostly Bluecheckistan.... holy shit they are being drowned in scams when people get up in arms about operation choke point 2.0 or whatever. recognize the current choke point of scams flooding the feeds of normies and how much of a blocker that is. Onboarding friends and family to NOSTR is hugely important to the bitcoin journey

Replying to Avatar ODELL

they are not owed any of what they want here. Platforms are not the town square no matter how much they say they are. They need to move to NOSTR and stop pleading with the tower for rights they can freely take. How can you be this far along the Musk trip and still not see it for what it is?

I think I fixed my LN wallets for the time being

Digging out some seed recovery hardware. Thanksgiving is also now the 3rd year in a row for the family to practice reconstituting multisig wallets day. I highly recommend this tradition. At least once a year, get your signers to actually do the thing so it is somewhat familiar.

Holy shit... why am i just hearing about this? https://www.authelia.com/

Selfhosted folks ... this fixes so many random tools and site logins works even tucked into a little tailscale network

#selfhosted #sso

GM. and happy thanksgiving for those that celebrate...