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Stephan Livera
19fefd7f39c96d2ff76f87f7627ae79145bc971d8ab23205005939a5a913bc2f
#Bitcoin Podcaster and Advisor to Bold

Of course you are free to run software with filters on it. There's a difference between what works at the network level and what people individually do.

Reasoning by analogy isn't going to work here IMO

the rise of bitcoin banks with nostr:npub190dy7q6yd0qudlcqt98r2zs70mzhlwwdcjnm2f55yg74dns9n85sja09r3 of nostr:npub1gal0y3vuj3c5sme6444ncsr8xcfm9axehfcsuqfamz5v926m6f2s4yz3t2

https://youtu.be/Rpn-W0fQ_6o?si=Xck8e_w_LNRiSSwB

Interesting scenarios on bitcoin blockchain hitting 1TB and 2TB by nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpzemhxue69uhks6tnwshxummnw3ezumrpdejz7qpq8h0w55nsp839ezxnggf00jd2xc6yl0ht62mf5p8wwllu8s80wdcsjv743s for nostr:nprofile1qy28wumn8ghj7cnvv9ehgu3wvcmh5tnc09aqzrrhwden5te0vfexytnfduqzqwm285amxdvgx6ny68yq9y4edemf3mp45tju53gaa7nt6whna6uynewnpf

see full report here https://research.mempool.space/block-size-report/

Yeah I find this an interesting dynamic where AI replacing search changes the model on ads. Maybe it drives people to get their info from 'trusted' personalities and people on social media instead of old school corporate.

But that also can drive bad tendencies too with low effort engagement farming and clickbaity 'influencer' type behaviour.

nostr:nevent1qvzqqqqqqypzp6y2dy0f3kvc0jty2gwl7cqztas8qqmc5jrerqxuhw622qnc2pq3qqsgng82cumqpr7cm3wramg9r7c2hwu772g87sp4v4fzcpfalhcplxgtypat3

With bitcoin on chain transactions this cheap, arguably the bottleneck to adoption is not a technical one, it's economic.

all the AI news of the last few days makes it even clearer that bitcoin is essential for individuals, businesses and even governments.

it will be the main way to store value sooner or later.

Learn about Bitcoin Emergency Keys and Inheritance with nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyw8wumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctvqqs0m9jlx5hyrll66trdzpytkaj0mhj3gmwd8ja7za9kmp7w4m5uwacl4fx4g of nostr:nprofile1qyv8wue69uhnzwpc9ccnzdewxg6zuv3nx5argwp58qq3gamnwvaz7tmwdaehgu3wv3mxgapwv3jhvqpqmlzukkwhuhl3y7wd6kw20fz6s99l8d0uqtj4sskhvaaud8rwcuuscpd7as in my latest episode

https://stephanlivera.com/episode/631/

Enjoyed my chat with Andrew Hohns of Newmarket Capital / Battery Finance on bitcoin collateralized lending and where this market may go. Check out the ep here https://stephanlivera.com/episode/630/

Even so, this is the difference between earning revenue in bitcoin vs holding bitcoin on your balance sheet.

One is on your income statement, the other is a balance sheet asset.

Could be saving for uncertainty in the future, career and learning opportunities for the kids, could be business opportunities in future.

Of course housing is one of those things, but the point here is more like: wait until it's a very small fraction of your stack to do it, and view it more like 'consumption' or a lifestyle purchase at that time. Not as an investment.

Bitcoin will demonetise housing and change the nature of the property ponzi.

So in 2025 where there are still a lot of people who think rental property investment is a good idea, aren't they effectively holding the bag?

Isn't it more efficient to rent a place, let them own the demonetising asset, and they pay for the substantial maintenance, take on depreciation and other risks - while you HODL on?

True! But even there, there are limits to how much they can print before facing negative consequences e.g. less people wanting to use their fiat or hold govt debt bags.

I wonder to what extent this 'tempers' their theft/printing

Bullish on what nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpzamhxue69uhkvun2daekstnwdaehgu339e3k7mgpzamhxue69uhkummnw3ezuumfv3hxcctzwvhxumqprdmhxue69uhkummnw3ex2mrp0yh8jet8dpex7tnnd96x2qgjwaehxw309ac82unsd3jhqct89ejhxqg5waehxw309aex2mrp0yhxgctdw4eju6t0qyt8wumn8ghj7un9d3shjtnwdaehgu3wvfskueqpzamhxue69uhhyetvv9ujumn0wd68ycmw9e3k7mgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqpqjugar2agq6369p0l86razavs9shj2p6pscxecevs8j94ap37hkqslg65rk are doing

"Over 40 apps have already implemented our SDK in production or beta since we launched it less than 18 months ago. Collectively, ~1.5 million users now have access to self-custodial, peer-to-peer bitcoin payments through these apps."

https://medium.com/breez-technology/breez-has-been-building-momentum-and-were-just-getting-started-06cf97c272ab

Many governments will go through the same mistakes that individuals and businesses made over the years:

- shitcoining

- thinking they have to mine

- not being serious about accumulation and self custody of bitcoin

If you can drive, you can self custody bitcoin! Check out my latest with nostr: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 here https://stephanlivera.com/episode/629/

Examples:

- The pension ponzi (why should young talented people sacrifice themselves on the fiat altar)

- "just go to uni and get a good job" - not when universities are overpriced, woke indoctrination centres

- Over taxing and over regulating nation states - people will 'take their ball and leave' if they're not offered a reasonable deal

Whatever "social contracts" there were in the fiat money era, they will be renegotiated in the bitcoin era.

Low quality money, low quality behaviours.

High quality money, high quality behaviours.

My latest with nostr: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 on the impact of FATF on global banking is out. Check it out to understand the threat being posed to your sovereignty under the pretense of protecting you.

https://stephanlivera.com/episode/627/

Silent Payments is a new approach to improving privacy and useability of Bitcoin. Imagine not needing to manually create new addresses? Josie and Ruben Somsen join me to discuss how it's possible.

Silent Payments overview

Contrast with other techniques such as BIP47

Light client support

Stopping address re-use

Base layer privacy discussion

https://stephanlivera.com/episode/579/

Agree its an interesting idea.

All the swaps could get expensive though, remains to be seen if it would as attractive as it is now. Though perhaps now is being sort-of-subsidized by Muun?