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SirGalahodl
25ee676190e2b6145ad8dd137630eca55fc503dde715ce8af4c171815d018797
Crusader for God and Bitcoin

What's up with badges and how does one get them?

Fiat exits are closing. Establish NoKYC habits and begin using peer-to-peer channels now so that you don't have to scramble when it's too late.

This needs to be at the front entrance of the Bitcoin Conference.

Is using a custodial lightning wallet objectively bad? No, of course not. But we should be very careful about minimizing the impact and danger of relying on trusted third parties.

This is true but we should be developing and promoting good habits and not bad practices from the start.

"Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending."

—Satoshi Nakamoto

If you're not running your own node, then fine... one step at a time. But if you are then there's no reason not to take fifteen minutes to set this up.

Bitcoiners:

- Don't trust the government.

- Don't trust the banks.

- Don't trust third parties.

Also Bitcoiners:

- Let's all trust this third-party wallet company.

In this case I think the price would go down or stay level until the halving.

@saifedean made a point the other day that I hadn't thought of (in reference to Balaji's bet):

> There are ~900 bitcoins produced every day in this 4-year bitcoin epoch. At current price, this means ~$25m of new demand is needed to keep the price where it is. At $1m/btc, you would need ~$900m/day of new demand to keep the price up, and it would be needed consistently, not just for one day. While this is not impossible, it is highly unlikely. Even in the wildest bitcoin manias, we've seen nothing like this extent of increase in new demand happening in such a short period of time. Only way I can see this happening is through very fast dollar hyperinflation, which I can't see happening in the next 3 months because of reasons 1-4.

https://twitter.com/saifedean/status/1638459341211590656

The United States is the greatest country in the world. But it is ruled by corrupt, illegitimate, warmongering kleptocrats who are the antithesis of everything that makes America great.

Good morning.

Somebody recently posted about an app store that makes it easy to install apps directly from Github. Wish I could find it again. Does that ring a bell?

Experimenting with using my own lnurl sirgalahodl@satstream.me