Nostr Web Client

ben

206e580157eae3395cdf954ff30501e16902074656a4b9493f36f896167496b2

Bitcoiner Architecture student 📍Philadelphia

Toxic Bitcoiner

We don’t need their approval to win.

Agreed. And we don’t need Saylors approval either. Why not just lie to the SEC to accelerate bitcoin’s entrenchment in the system. Bitcoin is money anyway

Energy Producer

Agree with this take, far from cope. If his proposal is accepted, the only thing that needs to change in the future for btc to be used as currency is a tax policy change. It’s easy to imagine this in 20-30 years. But you go in demanding it be a currency now, all of a sudden it’s a competitor to the $ and guns come out like we are Iraq trying to sell oil in Euros. It’s the smart play even if it seems like a sell out short term.

This is what I was thinking. It’s possible that it is cope and he could be setting bitcoin back but I don’t them accepting it as a currency anyway

Bitcoin is money. We zap people all day long on Nostr.

nostr:nevent1qqsp299acvpkcxchqqwl4ewwc9wzpl7vnhq37gnc2p6zgqfm6dmvgqspzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsd3fhv7rped64g77dyf9l7ndmae9mkxdz37099cc6wyzr9jytxg7crqsqqqqqp5lc2pw

No government would approve of giving up their monopoly of money. He is simply framing it in a way that they could support. Bitcoin is money regardless. He’s using this narrative as a Trojan horse. I think people aren’t giving him enough credit

"Bitcoin isn't Money"

In his first meeting with the SEC's Crypto Task Force, Michael Saylor proposes a regulatory framework that mainly benefits Michael Saylor.

Full Story:

https://www.therage.co/saylor-sec-bitcoin/

He’s not stupid. He’s latching onto the investment asset narrative of bitcoin as a trojan horse. No government would approve of giving up the monopoly of money.

Inheritance is live

https://bitkey.build/inheritance-is-live-heres-how-it-works/?ref=bitkey-newsletter

Is it subject to inheritance tax? Will the government know about it basically

My neighbors just said me that Instagram is broken and they see only murdering and fighting. Are you experiencing it too guys? 🤣🤣

I don’t have instagram so I was clueless about it.

#nostronly

My instagram is full of basketball news, memes, and thirst traps. I don’t see many murdering but some fighting occasionally.

yOu’Re GoNnA rEgReT bUyInG bItCoIn WhEn ThE aStErOiD wIpEs Us AlL oUt In 2032

🤣🤣 nostr:note190sxfgeqcdrw23w5k9jj7dgd6e5gxqrprqadgym5tute2jzqsrgqcapxn0

Doomers have the worst arguments

Toxic Bitcoiner

Saifedean needs a shot at Rogan and Tucker. One reason I think they won’t have someone like Saifedean or Saylor on (although Saylor did Tucker 3 years ago) is that they think Bitcoin is crypto and don’t want to open the floodgates of annoyance from the rest of the crypto founders, like what Lex did. nostr:note1z6ptlunqqj0dug996lkwjmqlyx3gglmzw87yg3fp7w2lzefnwwzsjns5q3

We need toxic bitcoiner on rogan 🗣️

Damn, I bought at the top. 😂

this confuses my brain

Annie's Deep Thoughts 💭

Is the female version of an Edge Lord an Edge Lady??? 👸🏽

#asknostr

The female version is a goth girl and she is widely celebrated 🤣

Today I told a family member that social security was a Ponzi scheme and she agreed with me. I am dumbstruck. Are we not weird and fringe anymore?

The same family member always send me instagram videos on finance. Mostly 401k and introduction to investing stuff. I always watch them anyway. She has no idea I’m 100% bitcoin.

Random idea after few hours in Kingdom Come 2 🤣-

How revolutions in #bitcoin will look like?

What about scenario where like 80% of lower classes are educated enough to understand Bitcoin so they can collectively decide to stop using “monopoly” money to leverage authorities in monopoly positions.

Theoretically only path for the “rulers” will be to BAN Bitcoin, but I don’t think that people’s in this scenario would tolerate it.

So again, these MF’s in monopoly position will use aggression against them.

Do you think that these MF’S will try to use #bitcoin against us

Rulers are already tried banning bitcoin. I don’t think this scenario exists where 80% of the lower class understands bitcoin. The masses will never fully understand it.

Let’s look at America. States will eventually start buying bitcoin. It is only a matter of time. The federal government will likely buy as well. In this scenario the government keeps its power and is incentivized to promote bitcoin.

Only then will the masses catch on once they are given permission to do so. They will use bitcoin once it’s easy to do so and they can buy things with it. They won’t even understand that they’re taking power away from the rulers by using it.

Dream Chaser ⚡️🐆

What would you name him?

Two-tone Malone

Hello, hello! How are you today? 🫂💜

I love mussels, and at this time of year they are particularly delicious. Any opportunity to eat these from the North Sea cannot pass me by! 🙈🤪

#food #foodstr #plebchain

Green shell mussels 👌🤤

Replying to 53a655f7...

Every aspect of life is being stripped of color.

Many have noticed this trend — but why exactly is it happening?

Something deeper is going on… (thread) 🧵

It makes sense but maybe we just like neutral colors? If I had colorful outfits and colorful furniture, all of it together just looks stupid. We naturally like colors that are versatile and clean.

Keep in mind lightning transactions are off chain. It solves the problem of slow transactions, but it is off chain. Nobody in their right mind will put all their sats in their lightning wallet.

I'm sure you own gold silver and copper. Each has a different use case and value in their own right. I think there is room in the greater POW community for alternatives, and currently they rise and fall with the bitcoin tide. Will that always be the case? Active wallets paint an interesting picture. We are so early in this game. If there are only ~1 million daily active BTC wallets. What happens when there are billion? Stay humble and stack sats.

Bitcoin is king and I'm a firm believer in its value, but it's not perfect. For example, it does not have a privacy component like the anonymity of cash transactions, natively it is slow to transact, and adoption as money is in conception (not even in infancy yet). Keep an open mind this is just getting started.

https://www.investopedia.com/terms/l/lightning-network.asp#:~:text=Key%20Takeaways,until%20they%20are%20done%20transacting.

I wonder if that chart tracks bitcoin over lighting. It would paint a different story of bitcoin dominance. I’d rather have a 2nd layer chain on bitcoin than a completely different chain.

I welcome other POW chains but they will all fail because miners and users will gravitate to the dominant chain.

Nostr is proof that bitcoin works as a money right now. Slow to transact on the base layer is a feature to guarantee open audit from any user on the network. Lack of privacy is to guarantee that bitcoins rules are secure. Privacy tools can be built on bitcoin.

I’m a maxi so I’m going to argue for bitcoin. It just doesn’t make sense to me that we would have a flawlessly working system and then try to diversify into lesser options.

#coffee

#coffeechain

#proofofwork

GM, watching #BTC climb back 99k. I know most of you are Bitcoin Maxi's. I do think there is room for other POW coins.

Lightning transfers instantly across the lightning network, so that speeds up the historical slowness of native BTC. I do think that the Scrypt protocol (#LTC and #Doge will play an important role going forward, so I watch these coins closely.

First DOGE is more like fiat as there is potentially unlimited supply, but with a caveat. The supply needs to be mined. Does that cause inflation within the chain? Maybe. Still it needs to be mined.

LTC is interesting as it transacts much faster that native BTC and it has limited supply. I think this coin is often undervalued and overlooked. There is some big support in the mining community for litecoin. I think it's worth watching and it is affordable to be a whole coiner.

We #zap here and we keep #sats in our lighning wallet. Keep in mind that the speed of these microtransctions are off chain until we move them on chain.

It is possible that lightning gets more adoption and that is one of the main tenants of #nostr, but ultimately it is off chain.

I don't believe in proof of stake because POS has another meaning in my mind. I generally won't take small amounts of ethereum because the cost is too great, and I'm a bit suspicious of Solana. Standing up large nodes has drawbacks. I think Solana is better than Ethereum, but it is still POS.

I'll step down from soapbox now.

If bitcoin can be transacted instantly over lighting then there is no need for these other coins that try to rewrite the wheel.

Your basis on investing in those coins is that they are “undervalued”. But they have no purpose. Bitcoin has more hash rate and is more secure. It has guaranteed global liquidity. Good luck finding a buyer when the crypto bear market starts.

There’s no maybe on doge inflation. It will inflate and for the value to keep increasing, you need an insane amount of capital pouring in.

Let’s say litecoin is exactly like bitcoin with its scarcity and POW. We already have a successful bitcoin so the only benefit of litecoin is that the cost of low - therefore there’s no benefit at all.

You can speculate on these coins but you will end of with more fiat, not more bitcoin.

We are not wrong about Ukraine

Ukraine is NONE of your fucking business

Certainly not any of our fucking business

But most importantly it is absolutely NONE of Washington DC’s fucking business

nostr:nevent1qqs2hmp7cldxrac3e8unyy86wvf5xq92hpxy6xwncfums5cs4z27qggpp4mhxue69uhkummn9ekx7mqr3cuz5

Zelensky could have ended the war but didn’t. How are we wrong about such an obvious scammer

Trump again suggests Canada could become the 51st state, saying it may happen “someday, maybe soon.”

The art of misdirection. If everyone is focused on stupid headlines like making Canada or Greenland a state or naming a pool of water, then he can focus on other things without scrutiny. And he gets to trigger all the Canadians hahahaha

Here’s the thing.

People complain about housing and scream greedy capitalism. What’s the root cause? Monetary debasement.

People scream about food prices and scream greedy capitalism. What’s the root cause? Monetary debasement.

Now, who does the monetary debasement and creates all these issues? And what tool(s) do they use to do it?

It’s obviously not free trade.

We agree on this lol my only argument is using the word capitalism to describe the problem. When I hear people scream about capitalism their solution is usually socialism. But I already know your solution

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