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Contributing to the Bitcoin Breakdown newsletter

Indian Bitcoiners already have the headache of getting people to understand millions and billions because everyone uses lakhs and crores here

No way is changing what we call existing units a good idea

List of companies and organisations that don't think Bitcoin is a scam in 2025

Blackrock, Blackstone, Fidelity, JP Morgan, VanEck, Ark Invest, Goldman Sachs, Morgan Stanley, BNY Mellon, a16z, Draper Associates, Robinhood, Bridgewater, Tudor Investment Corp, Miller Value Partners, Deutsche Bank, PayPal, Visa, Mastercard, Shopify, Citigroup, Block, Inc., Cantor Fitzgerald, Softbank, Franklin Templeton, Deutsche Telekom, Standard Chartered, Chicago Mercantile Exchange, Shell, Saudi Aramco, Gazprom, ExxonMobil

Governments of the United States, El Salvador, Bhutan, Abu Dhabi, New Hampshire, Arizona, Texas, Switzerland, Singapore, United Arab Emirates, Germany and Norway

River's report says that 50 million Americans own Bitcoin

There's no reason to give up πŸ«‚

I'm not much of a doomer though, so I'm not very much into dystopian stories

But it seems like that book has become very popular in the Bitcoin community

Nah man not yet my reading list was already loaded so I didn't pick it up

You don't see many people who understand the free market actually talking about the free market all the time because they are busy doing stuff and making things happen

Intellectuals hate the free market

Maybe because:

1. It cannot be controlled, planned, designed or predicted

2. It will often yield outcomes that they don't personally like

3. Their livelihood is uncertain under those conditions

4. They need to constantly produce work that people actually find useful for their lives

5. A non-intellectual who has not read a single book or had a formal education can become wealthy and successful

6. Nobody's position at the top, middle or bottom is guaranteed or permanent, so much so that there might be no such thing as a well-defined 'top, middle or bottom'

Austrian answers to some common Bitcoin questions:

'Why buy a house when it makes more sense to buy bitcoin and rent a place?'

Because some people like to live in their own house for their own reasons.

'Why buy anything with an appreciating currency when it will be cheaper in the future?'

Because people want things for survival, sustenance, leisure and comfort. Some things they will want now while others they will want later. Nevertheless, people will want things.

'Why invest in a business when the money you hold will likely outperform it?'

Because someone else might value the money you hold more than you and is willing to take it off your hands in exchange for the promise of paying the difference.

'Why would anyone work or produce anything at all or want to own anything if money just keeps appreciating?'

Because production requires capital, energy, time, resources and land. The more scarce these things are, conflicts occur. To do anything at all, people need to agree upon norms of ownership.

Luckily my power button broke and fell into my own pocket, so I just put it back in and slapped a cover on top of my phone to keep it intact

Works as usual

Haha wow this is crazy πŸ˜‚

We're at 105K; Spar and Steak n Shake are accepting bitcoin; it's easier than ever to run a node and take self-custody; wall street has arrived; politicians are pandering to the industry; home mining is on the rise; public companies are aping in.

You'd think the sentiment would be better

Goodness me, that was horrible to read from both sides.

Nostr + Delving Bitcoin + Mailing list + Bitcoin optech is more than adequate for keeping up with protocol-related stuff.

I'm gonna try not to open twitter links πŸ˜‚

Blossom servers being adopted by clients in a big way

Damus integrating NWC and becoming multiplatform

Primal becoming more interoperable in the ecosystem by adding external signer and blossom support

People just vibe-coding and building Nostr tools that they want

An IRC-like client called Coolr

A tool built by Calle that enables people to create and recommend Follow packs for discovery which clients are already integrating

A voice-note based client by Derek Ross called YakNak

Total number of zaps on Nostr crossed 5M