Avatar
ᶠᶸᶜᵏᵧₒᵤ!🫵🏼
2961ddb173cd61dbddb61e9b80477de7010f5bc38e79fe242a22be97d459723e
☕️ #coffeechain ⚡️bitchat geohash 👉🏼 #21m #mempool junkie Buy me a beer @ 1nostr5HAT9JLjNQDJGgNhJDjo1df9j2d

#lucy so juicy 12mg and 8mg gushers 😜

Stripped one of the #nerdaxe and see if she runs cooler #bitaxe

#vp #KamalaTrump 🤣 #plebchain

https://m.primal.net/JNBu.mp4

#mempool #accelaration animation, pretty cool #plebchain

Not a bad week #plebminer #bitaxe #nerdaxe #plebchain #braiinspool

#bloody #shitcoins for days in DEEP red #plebchain #bitcoin only

https://m.primal.net/JIgT.mov

nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle we should be able to edit existing DCA schedule instead of canceling and starting over if one wants to increase the amount. We lose the DCA discount by increasing DCA amount. Something to consider.

Replying to Avatar Toshi

My Experience with nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9

**TL;DR Strike is garbage.**

I started using Strike in the middle of March this year.

My first impression was that it was a great app. It had Lightning integrated, on-chain withdrawals were free, and the setup was pretty easy, even though I had to do a full KYC. After all, they are regulated and that is to be expected.

I began using Strike to send and receive BTC and buy gift cards directly within the app. I was pretty amazed at how easy everything worked. I loved the app. I even recommended it as an onboarding app for pre-coiner friends. Well, not anymore.

One day in May, about two months later, I wanted to send some BTC to an exchange or buy a gift card (which was basically all I did with the app in those previous two months). However, the app denied access to my BTC. All I got was a cartoon lightning bolt saying, “We need to review your account. Contact support.”

At first, I was shocked. I didn't have my life savings in the app, but it wasn’t a trivial amount of sats either. So, there it was, right in my face for the first time: Not your keys, not your coins. I got angry with myself and with Strike too.

I contacted support.

Support wrote that to comply with regulations, they needed additional information (remember, I already did full KYC), like a pay stub, signed employee agreement, or tax statement.

This was my response:

Hey, the Bitcoin with which I funded my Strike account are savings from the past. I don't work currently, and I also have no tax statement because I just moved to Brazil last year. What exactly is the problem? I didn't do anything illegal or wrong. I expect this issue to be resolved immediately or you will lose a customer. I already regret using your service. I'm very disappointed.

Yeah, I was really pissed because I couldn’t access my sats. They locked me out. Just like that.

Strike answered:

Dear User,

Upon careful review, we have determined that your account has engaged in prohibited use. We regret to inform you that we can no longer provide you with access to our service.

At this time, your account has been permanently disabled. Please withdraw all remaining assets from your account within one week from receiving this message, and confirm with us when the withdrawal has been completed. After this timeframe, the account will be closed permanently. Please be advised that this decision is final.

Best regards,

The Strike Team

Okay… So now Strike accused me of “prohibited use” of their app.

I asked them to be kind and specify what prohibited use I engaged in. Because obviously, I don’t want to get in trouble or do anything illegal.

Their answer:

This decision is based on an assessment of different qualifications. Our customer support team can only confirm that we sent this message and assist with technical issues only. Support cannot reverse this decision, nor can they share any more details related to this matter.

Thank you for that great answer. I can really see you care about your customers and their experience. But I guess at that point, I wasn’t their customer anymore anyway.

Still, I sent them another message and asked who I could talk to. If there was anybody who could clarify what I did wrong. Remember, all I did was send and receive BTC and buy gift cards.

Their answer? Well, they never answered again. Just like that. That was it.

After this beautiful experience, I posted about it on Nostr.

And guess what? nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle answered.

Woohooo!

He said I should send him a DM and he would happily look into the issue.

Cool! Now that’s what I call customer service.

So, I did. No answer.

I sent him another one. Again, no answer.

I sent another one or two. Still no answer.

This was 5 weeks ago.

I guess he is very busy.

What a joke Strike is.

You were flagged as high risk by the banking overlords, nothing to do with Strike. KYC on-ramps monitor, inbound and outbound, frequency, amount, time on exchange, etc. and see if you’re using it as a pass-through. Take the hit and move on brother 🫡

Health is wealth #gm #nostr #coffeechain #plebchain #miamibeach #gfy

## F.A. Hayek: The #Bitcoin Prophet We Never Knew We Had?

Imagine a world where the brilliant economist Friedrich August Hayek, a champion of individual liberty and free markets, lived to see the rise of Bitcoin. Would he be a fervent supporter, a skeptical observer, or something else entirely? As a Bitcoin historian, I believe there's a solid case to be made for Hayek being an enthusiastic Bitcoin advocate or perhaps even a "Hayekian Bitcoin Maximalist."

**Hayek's Money Troubles:**

Hayek was deeply critical of #government control over money. In his seminal work, "The Denationalisation of Money," he argued that government monopolies on money creation lead to inflation, distortion, and, ultimately, a loss of individual freedom. He envisioned a system of competing #currencies driven by market forces and managed by private institutions.

**Bitcoin: A Hayekian Dream Realized?**

Bitcoin embodies many of the principles Hayek championed. It's a decentralized #digitalcurrency, free from government manipulation. Its supply is predetermined and controlled by a transparent algorithm, not the whims of central bankers. Users hold the power, not a single authority.

**Hayek on Bitcoin: A Speculative Conversation**

Here's how a conversation between us, a Bitcoin historian and a time-traveling Hayek, might play out:

**Historian:** Dr. Hayek, what are your thoughts on Bitcoin?

**Hayek:** (Intrigued) A decentralized currency, free from government control? This is fascinating! It aligns perfectly with my ideas about competing currencies and preventing inflation.

**Historian:** Exactly! Bitcoin uses cryptography to ensure security and transparency.

**Hayek:** (Impressed) Ingenious! This technology removes the need for a central authority to verify transactions, further reducing government influence.

**Historian:** There are, of course, challenges. Bitcoin is volatile, and its scalability is still being debated.

**Hayek:** (Nodding) True. Any new system faces hurdles. But the potential for a sound, market-driven currency is undeniable. It's an influential experiment in individual liberty.

**The Final Word:**

While we can't be sure, the strong parallels between Hayek's economic philosophy and Bitcoin's core principles suggest he would have been, at the very least, an intrigued observer. Perhaps he might have even become a vocal champion of this revolutionary new form of money. Whether a "Hayekian Bitcoin Maximalist" or not, one thing is clear: Bitcoin's emergence has revived the conversation about money, decentralization, and individual freedom – topics very dear to F.A. Hayek.

[Bitcoin Fee Alert 2024-07-01]: Fees less than 10 sats/byte

This is a bitcoin fee alert.

Fees on the bitcoin network are currently less than 10 sats/byte. Now might be a good time to send non-urgent transactions or consolidate UTXOs.

Current Network Statistics:

Fee estimate for 1 hour confirmation: 10 sats/byte.

Stuck/dropped transaction fee level: 3 sats/byte (don't send any transactions with fees less than this!) #plebchain

Entering the fiat mines this morning prepared #gm #nostr #coffeechain #plebchain #gfy

All in all, glad I sold my claim when I did #gm #nostr #plebchain