Avatar
Marinatin
20913d748e64bb87bec2b2c7f9da6a54daab74ab83efe5224988781358ec1732
Use the computer. Don't let the computer use you. There's a war going on. The battlefield is in the mind. And the prize is the soul. - Prince

Easy target for thugs…the biggest thug has a multi trillion dollar wrench attack cocked locked n ready to rock…yet folks here predominately think they’re gonna live in a black market economy until the BTC phoenix rises from the ashes. Laughable. What’s your game plan? Wait it out…skip town…move harder n faster and use the systems rules against em?

Use to rock Russel Okung’s swag which did help with BTC evangelism but then I began to wonder if I was setting myself for security risks.

Next year the IRS is going to provide official guidance on qualified account holdings stating that trustees in a self directed structure cannot hold BTC keys. The same rules as holding physical metals. So what’s your plan fam?

Yeah…lots of seemingly good players on qualified account front. I especially like Broadfinancial for their compliance and unique self directed trust structure… which actually has a determination letter from the IRS. Where others do not? But these are all still single points of failure. It’s time to level up. I don’t wanna be the last rat trying to scramble off the ship when the man decides to turn up the heat. Don’t worry nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a‘s memes will save the day. Lol. Love ya Lynn.

That’s right! Thats what’s coming down next for sure. They’re going to cock block us on custody rules for qualified account holdings. IRS will provide guidance next year and it for sure won’t favor the trustee holding keys. The goal is to push everyone to their Bolshevik banking cartel custodians. I tried to talk to the OnRamp guys, but I think that’s a dead end. I like Jesse and nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy and nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq but their CEO is a bit of a young dismissive know-it-all corporate shill type who hasn’t spent more than a few years anywhere. Slick tongue but my spidee senses go off. The multi-sig multi-institutional multi-jurisdictional option makes a ton of sense. We need a more mature shop/fund like nostr:npub1nvxnc8egjlhpqtzrxmav3yk8frf3p7y9wujgwrcgwep2xr77xrvsa0paqn with nostr:npub1uyz4w2w4rcphk0q5arzkutrecgscxwzajj4dkvh9mjyqjtxslm6qea8632 to fire something up. Otherwise, multi-sig across multiple safe deposit boxes both onshore and offshore? How they gonna audit that or the “device” for that matter? Its a tough paradigm shift but mine is shifting towards working with larger shop who has an aligned worldview, resources, experience, foresight to weather the storm rather than trying to hack the system or have BTC locked up for an indefinite period of time. What say you?

Courts are compromised. Black market existence is naive wishful thinking. So are you gonna skipping town for ElSalvador or align with an institution that has enough smarts and critical mass to get ahead of it by creating instruments to hack their system? Trying to go at it alone seems like a failing strat. I talked to the OnRamp guys (multi-sig multi- institutional multi-jurisdictional). They still have a lot of maturing to do (CEO sounds like an ex WeWork/Google hustler who hasn’t focused anywhere for more than 2 yrs), but I think their model is on to something. We need a more mature shop like uncle nostr:npub1nvxnc8egjlhpqtzrxmav3yk8frf3p7y9wujgwrcgwep2xr77xrvsa0paqn or daddy Gromen or bug baller nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle to put something similar together? Combine that with a volcano bond to achieve a second passport and now we’re really setting up contingencies on our contingencies. Can you put that in a meme for me? ;)

Been trying to game this out and discuss intelligent ways to fight for over a year. And all I hear is “we’re gonna win with memes!”. It’s infantile and embarrassing.

I can appreciate the UniKitty MO, but it seems a bit naive and lacking recognition of history and human nature. The reality is we will remain in the minority for some time (Covid proved it). Your thesis seems to be that the flip will happen so hard n fast they wont be able to stop it, when in reality they're gonna bleed people out slowly. "They" have the policing power soon driven by AI + CBDC+Regulatory Fuckery (i.e. Trustees can self custody BTC in a qualified account). It's going to get super ugly before the BTC phoenix rises from the ashes. How can we alleviate the pain in the interim and help folks protect their BTC position (majority holds <1BTC) by creating instruments that will enable life-as-usual, so folks won't capitulate under the inevitable onslaught of the bolshevik banking cartel and/or be forced with decisions like leaving the country, which most cannot afford. A black market economy like you suggested in MacroHang#6 may create positive pressure, but it's wishful thinking under these conditions. Both Luke and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak have said as much when stating "you have to be comfortable with an allocation that can be locked up for XX years". It seems like you disagree with them? Wishful thinking and virtual picketing wont win the war for the majority of Bitcoiners. Spare us the meme and help us game out solutions or explain why I'm wrong. Otherwise, it eventually gets reduced to a bunch of evangelizing/theorizing rich bitcoiners telling the rest "Good luck! We're going to Madeira!". Much love and respect for you nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe.

Trying to figure out whether to go Umbrel or Start9.

Switching Domain Registrars. Any suggestions from the Alpha Geeks?

Well…did some more recon. Can’t say OnRamp is a good play for now. Bummer.