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BankSith
3731e169d0b3816f4a4a9ac84c66aa423d4f4ea0f78b56a1df90609b85be0885
You can never fully understand #bitcoin when you never got unbanked. Vivere militare est. Goldbug. PRO MERITIS DE #BITCOIN. 🧡 Modern Monetary Reality, ∞/21M 🇨🇿🇭🇺🇵🇱 —- https://btcprague.com 🇨🇿 11-13 June 2026 10% off with Code 𝗕𝗮𝗻𝗸𝗦𝗶𝘁𝗵 𝗯𝘁𝗰 🟠⚪️🟠⚪️🟠 𝗽𝗿𝗮𝗴𝘂𝗲 —- 🔐 5% off for #Seedor #bitcoin safe: https://www.seedor.io/en/discount/BANKSITH
Replying to Avatar BankSith

Over 117 million people are forcibly displaced globally, facing significant barriers to traditional financial access during crises. #Bitcoin, as a decentralized and portable digital currency, increasingly serves as a vital lifeline for refugees, allowing them to preserve and move wealth securely across borders when conventional systems fail. Using conservative inference methods, the study estimates at least 329,000 refugees have already used Bitcoin, a number projected to grow to 6.5–7.5 million by 2035. This suggests Bitcoin’s attributes—censorship resistance, global reach, and independence from collapsing banks—fill critical needs overlooked by traditional finance and humanitarian programs. Facilitating safe access to such digital tools can enhance refugee self-reliance and facilitate faster recovery, but policies must be careful; overly restrictive regulations risk cutting off essential humanitarian channels. The research underscores the importance of data-driven policies that recognize Bitcoin’s evolving role in crises, support vulnerable populations, and encourage further investigation into its humanitarian potential.

This analysis estimates at least 329,000 refugees worldwide have used Bitcoin to preserve or access wealth during displacement, after accounting for factors like camp-based refugees unlikely to transact. Demographic and urban/rural checks support the model's validity, indicating a significant portion of displaced individuals benefit from Bitcoin. As global displacement rises alongside increasing digital asset adoption (~18-20% annually), projections suggest up to 7.5 million refugees could use Bitcoin by 2035, providing a crucial lifeline. Cases from Ukraine, Gaza, Syria, and Congo demonstrate Bitcoin’s role in bypassing financial sanctions, war-induced banking failures, and facilitating aid delivery through grassroots efforts. Unlike stablecoins, Bitcoin’s decentralization and censorship resistance make it the preferred tool in crises. These findings highlight Bitcoin’s current and future importance in humanitarian aid, emphasizing the need for policies that support digital assets for vulnerable populations.

Refugees are using Bitcoin to build micro-economies and gain independence, even amid limited resources. Small-scale efforts, like distributing smartphones and teaching digital wallets, enable families to purchase essentials and access aid without traditional banks. This enhances their resilience, preserves dignity, and reduces reliance on host governments, potentially easing resource strains. Policy recommendations include recognizing Bitcoin’s humanitarian role, ensuring legal protections, promoting safe adoption, and supporting responsible innovation. As displacement crises continue, Bitcoin can serve as a vital tool for self-sufficiency, protecting economic identity across borders, and fostering empowerment. Balancing regulation with openness is crucial to maximize benefits while safeguarding against illicit use. These grassroots efforts illustrate Bitcoin’s potential to aid vulnerable populations, emphasizing the importance of adapting policies to support secure, responsible deployment.

“Bring Only What You Can Carry”, full report here: https://www.da-ri.org/articles/bring-only-what-you-can-carry

Study #bitcoin on #nostr here:

🧡💜

nostr:npub1cxw2u3wuleask4ransck6dzxlf59m82ajtdqky8lpppn49p70lnqqznt7u

nostr:npub1fjjgfy22ufp5ge2egqgagjxqwwzfk7c4wzchzuwvje6h9klv8wtqy6k8jn

nostr:npub1hzz35pkl67w53lpj2g62zh56g63j5zvz4q3m2nxlsfg5hxcjpwssaynqel

nostr:npub1dg6es53r3hys9tk3n7aldgz4lx4ly8qu4zg468zwyl6smuhjjrvsnhsguz

nostr:npub1j8y6tcdfw3q3f3h794s6un0gyc5742s0k5h5s2yqj0r70cpklqeqjavrvg

nostr:npub1s9294dwgk0yuqnjfl0jpqmg5nyev0dhterrumqeap22kyuv4wdus4yey3g

nostr:npub1heqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysdkkx28

nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8

nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8

nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u

nostr:npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s

nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg

“Ukrainian refugee flees to Poland with $2,000 in bitcoin on a USB drive“ via CNBC https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-with-2000-in-bitcoin-on-usb-drive.html

“In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents” via CNBC

https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html

“Inside Afghanistan’s cryptocurrency underground as the country plunges into turmoil” via CNBC https://www.cnbc.com/2021/08/21/bitcoin-afghanistan-cryptocurrency-taliban-capital-flight.html

Study #bitcoin

“Ukrainian refugee flees to Poland with $2,000 in bitcoin on a USB drive“ via CNBC https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-with-2000-in-bitcoin-on-usb-drive.html

“In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents” via CNBC

https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html

“Inside Afghanistan’s cryptocurrency underground as the country plunges into turmoil” via CNBC https://www.cnbc.com/2021/08/21/bitcoin-afghanistan-cryptocurrency-taliban-capital-flight.html

nostr:note19gtpn7tqkuh0p354thnqxr2lctnn43j5kgcp5a5fykxac0f9wjjszldjxx

Over 117 million people are forcibly displaced globally, facing significant barriers to traditional financial access during crises. #Bitcoin, as a decentralized and portable digital currency, increasingly serves as a vital lifeline for refugees, allowing them to preserve and move wealth securely across borders when conventional systems fail. Using conservative inference methods, the study estimates at least 329,000 refugees have already used Bitcoin, a number projected to grow to 6.5–7.5 million by 2035. This suggests Bitcoin’s attributes—censorship resistance, global reach, and independence from collapsing banks—fill critical needs overlooked by traditional finance and humanitarian programs. Facilitating safe access to such digital tools can enhance refugee self-reliance and facilitate faster recovery, but policies must be careful; overly restrictive regulations risk cutting off essential humanitarian channels. The research underscores the importance of data-driven policies that recognize Bitcoin’s evolving role in crises, support vulnerable populations, and encourage further investigation into its humanitarian potential.

This analysis estimates at least 329,000 refugees worldwide have used Bitcoin to preserve or access wealth during displacement, after accounting for factors like camp-based refugees unlikely to transact. Demographic and urban/rural checks support the model's validity, indicating a significant portion of displaced individuals benefit from Bitcoin. As global displacement rises alongside increasing digital asset adoption (~18-20% annually), projections suggest up to 7.5 million refugees could use Bitcoin by 2035, providing a crucial lifeline. Cases from Ukraine, Gaza, Syria, and Congo demonstrate Bitcoin’s role in bypassing financial sanctions, war-induced banking failures, and facilitating aid delivery through grassroots efforts. Unlike stablecoins, Bitcoin’s decentralization and censorship resistance make it the preferred tool in crises. These findings highlight Bitcoin’s current and future importance in humanitarian aid, emphasizing the need for policies that support digital assets for vulnerable populations.

Refugees are using Bitcoin to build micro-economies and gain independence, even amid limited resources. Small-scale efforts, like distributing smartphones and teaching digital wallets, enable families to purchase essentials and access aid without traditional banks. This enhances their resilience, preserves dignity, and reduces reliance on host governments, potentially easing resource strains. Policy recommendations include recognizing Bitcoin’s humanitarian role, ensuring legal protections, promoting safe adoption, and supporting responsible innovation. As displacement crises continue, Bitcoin can serve as a vital tool for self-sufficiency, protecting economic identity across borders, and fostering empowerment. Balancing regulation with openness is crucial to maximize benefits while safeguarding against illicit use. These grassroots efforts illustrate Bitcoin’s potential to aid vulnerable populations, emphasizing the importance of adapting policies to support secure, responsible deployment.

“Bring Only What You Can Carry”, full report here: https://www.da-ri.org/articles/bring-only-what-you-can-carry

Study #bitcoin on #nostr here:

🧡💜

nostr:npub1cxw2u3wuleask4ransck6dzxlf59m82ajtdqky8lpppn49p70lnqqznt7u

nostr:npub1fjjgfy22ufp5ge2egqgagjxqwwzfk7c4wzchzuwvje6h9klv8wtqy6k8jn

nostr:npub1hzz35pkl67w53lpj2g62zh56g63j5zvz4q3m2nxlsfg5hxcjpwssaynqel

nostr:npub1dg6es53r3hys9tk3n7aldgz4lx4ly8qu4zg468zwyl6smuhjjrvsnhsguz

nostr:npub1j8y6tcdfw3q3f3h794s6un0gyc5742s0k5h5s2yqj0r70cpklqeqjavrvg

nostr:npub1s9294dwgk0yuqnjfl0jpqmg5nyev0dhterrumqeap22kyuv4wdus4yey3g

nostr:npub1heqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysdkkx28

nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8

nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8

nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u

nostr:npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s

nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg

GM frens of #nostr 💜🧡

Wer besitzt dieses Buch? Schreibt es in die Kommentare. Bitte mit Kopie von Eurem Ausweis…

Study #bitcoin on #nostr here:

nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 with nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u 🧡

nostr:note1cgy7fcnt4thscfg0wltpgy9kz635vssa4n3zy5er4dh6s096wruq8jgn4v

Yes, #bitcoin is going up forever..

“EU imposes 18th sanctions package against Russia

* Listing of an additional 22 banks that will be disconnected from the financial communication system Swift; this includes an expansion of the sanctions to a complete ban on transactions.

* For the first time, a ban on transactions with two Chinese financial institutions.”

https://video.nostr.build/9b26dce3d8d20e52969580c4f0661f0cf5c5c6dab5d927447f75290f02f73d69.mp4

Die Euro Lira entfaltet ihr Gesicht.

Study #bitcoin

“Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” - The Communist Manifesto, Karl Marx, 1848 ✊ 🚩🚩🚩🚩

Study #bitcoin

nostr:note1lxp4ytfl2jxsk0qkq0245eqs96zzh5x0f2yfw66a5p539uulnl3sjg3pkv

Replying to Avatar Efrat Fenigson

NEW EPISODE: Upgrading Finance with Bitcoin

My guests today on nostr:nprofile1qqsdcz7puq6jv9ahh58h26zxl5gwl7xks548ck48uyfmsx0kzlfl3rcfrx0pj are nostr:nprofile1qqstn8du5qvy5vkw2kgyevn8kghyxjpre9l5rrekmt6a9hlsm4a4cfcvh2khc and nostr:nprofile1qqspunz04lnmvcnjs0nqv8l8lp300y7wqpxcxkazk03fu739qjkfmwssrj6ry, co-hosts of the “Bitcoin for Advisors” podcast and longtime advocates for sound money and self-custody. Pierre explains how Austrian economics and open-source values led him to Bitcoin in 2012—and how his new venture, The Bitcoin Bond Company, aims to open institutional credit markets to Bitcoin. Morgen shares her journey from Wall Street to Bitcoin, and how she helps clients align long-term goals with long-term assets. We discussed:

* 3 freedoms Bitcoin enables: receive, hold & spend without permission

* Integrating Bitcoin into financial planning

* XRP/Ripple’s dishonest agenda

* Bitcoin treasury corporations

* Risks of over-leveraging

Listen/watch now 🎧 LINKS BELOW

https://v.nostr.build/71pMvoWsrSnpaFNu.mp4

🧡

New #bitcoin ATH?

“This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.” Western Union, 1876

The internet has rendered the fax machine obsolete...

👇🏻

If traditional banking operated as a genuine free market, with money being apolitical and unrestricted, the performance chart of JPMorgan would resemble that of this payment service provider.

Regrettably, the current fiat system functions as a marxist central bank monopoly, allowing Jamie Dimon to engage in oligopolistic practices.

Study #bitcoin on #nostr here:

nostr:nprofile1qqsx5dvc2g3cmjgz4mgelwlk5p2ln2ljrsw23y2ar38z0agd7tefpkgpp4mhxue69uhkummn9ekx7mqpzemhxue69uhk7unpdenk2urfd3kx2u3wdaexwqqyd3x nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg4waehxw309ajkgetw9ehx7um5wghxcctwvsydj7zx nostr:nprofile1qqsvfr3f7p95stxqrjslnmuvsmhcxxxqt8swjdfjx5tz7zq0yms5cygpzfmhxue69uhk7enxvd5xz6tw9ec82csprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv8qehgm nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhhyetvv9uju6mpd4czuumfw3jsz9rhwden5te0dehhxarjwdshganp9ehx2aqxvrcaw nostr:npub1ve8qwrlztemdmnh62jffcr0y9m9dpqgqjdg8ufx7gc3qw5wdk74qyv9ka6 nostr:nprofile1qqsyefyyj99wys6yv4v5qyw5frq88pym0v2hpvt3w8xfvatjm0krh9spzamhxue69uhhyetvv9ujuurvv438xarj9e3k7mgpr9mhxue69uhkummnw3ezu7n9vfjkget99e3kcmm4vsdg6uny nostr:nprofile1qqs8spcgqfgzxkcnerak0t40xs8jfsecgkeywrnam3lvp4qvqp5zv3gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq36amnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46q2g9srw nostr:nprofile1qqstustrdclx6tlfncr9yqxu32grf7gjspj0mnfekadxnq72u4wyjzgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpds44sxaq nostr:nprofile1qqsrmqhg7mxxczt9gjln8ey8tgpl2cq2elm7c3n7z59pe3m395s5mjgpr9mhxue69uhhyetvv9ujumn0wd68yct5dyhxxmmd9uq3samnwvaz7tmjv4kxz7fwvd6hyun9de6zuenedyhsw7lals nostr:nprofile1qqsfy229w70e8lgtxavlz9t78k06yrel6fxyhreteafqet8kfxhhwmgpr9mhxue69uhhqun9d45h2mfwwpexjmtpdshxuet59uq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5uzhxm7 nostr:npub167n5w6cj2wseqtmk26zllc7n28uv9c4vw28k2kht206vnghe5a7stgzu3r 🧡💜

Endlich ist nicht nur sauberes, sondern auch sicheres Reisen in Berlin wieder möglich. Die Regierung liefert!

Why #bitcoin 🧡

nostr:note1nexfrmzyset6pah99cytshmstjag4eclzsnz2lw896qmjprxzupscn3qns

Auch in 2025 heisst es bald wieder: Energie sparen für Unsere tapferen Soldaten an der Ostfront.

https://video.nostr.build/017c1c7f911b082bfad54fb20e368d0d5f97b4d67ac26a2a1ea101bfce76f877.mp4

I will not sell this 1899 gold Coronet for #bitcoin.

I will not sell this 1899 gold Coronet for #bitcoin.

I will not sell this 1899 gold Coronet for #bitcoin.

I will not sell this 1899 gold Coronet for #bitcoin.

I will not sell this 1899 gold Coronet for #bitcoin.

🦅

GN #nostr frens 💫🧡💜

I like this meme a little more. More authentic and non-AI. And 29 #bitcoin seem to be more appealing to hot women than 23.

nostr:nevent1qqsw0ya3e70yq5c2ex9wh78m42c50pgn43a9qfk32h8swus82re50scpramhxue69uh5ummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjshd9887

A good fairy grants you two wishes. Option A allows you to travel back to 2009 to attend an Occupy Wall Street demonstration, where you meet someone who mentions an upcoming project on uncensorable decentralized currency being developed by a Japanese individual he is in contact with. Option B offers you the chance to attend the DM 1993 Devotional Tour live. 🧚‍♀️

#bitcoin or Gahan

Ich sehe die deutsche Automobilindustrie endgültig weltweit als Absteiger in die 2.Liga. Vor 10 Jahren habt Ihr über Teslas Spaltmasse gelacht, heute bleibt einem jeden Bandarbeiter bei der Daimler und VW das Lachen im Halse stecken. Porsche und Benzstern fahren wofür? Nur das Prestige allein reicht nicht mehr, wenn der Chinese und Tesla Autos mit besseren Fahrleistungen und Ausstattung zu einem Bruchteil des Preises bauen.

$1211HK $TSLA

Partially true. I met people nearby Breslau recently with a nice Porsche with Frankfurt License plate. I thought I am saying hello to Germans, however in fact they were polish migrants who build a nice house in the Polish countryside with Mountain view. Thy will leave Germany upon retirement. They did not like it In Hesse anymore anyway with all the stuff going on in Germoney and migration. I kind of like the Poles with the hard working attitude.

THE GOVERNMENT IS NOT YOUR FRIEND!

Study #bitcoin on #nostr here:

nostr:nprofile1qqsx5dvc2g3cmjgz4mgelwlk5p2ln2ljrsw23y2ar38z0agd7tefpkgpp4mhxue69uhkummn9ekx7mqpzemhxue69uhk7unpdenk2urfd3kx2u3wdaexwqqyd3x nostr:nprofile1qqsvfr3f7p95stxqrjslnmuvsmhcxxxqt8swjdfjx5tz7zq0yms5cygprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqythwumn8ghj7mn0wd68ytnxd46zuamf0ghxy6t6c7e5ul nostr:nprofile1qqsfrjd9ux5hgsg5cmlz6cdwfh5zv2024g8m2t6g9zqf83l8uqm0svsprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyf8wumn8ghj7ur4wfcxcetsv9njuetnv54ygf nostr:nprofile1qqst3pg6qm0a082glse9yd9pt6dydge2pxp2sga4fn0cy52tnvfqhggprdmhxue69uhhyetvv9ujumn0wd68yctjv93xjcfwvdhk6qghwaehxw309aex2mrp0yhxgetjva5kw6fwvdhk63dzq5j nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgswaehxw309a6hxtnjvfezucnfdupmhewa nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpr9mhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5q3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5mm8xr7 nostr:nprofile1qqsyefyyj99wys6yv4v5qyw5frq88pym0v2hpvt3w8xfvatjm0krh9spzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpr9mhxue69uhkummnw3ezu7n9vfjkget99e3kcmm4vs36yk3d nostr:nprofile1qqst7gmku9a6fmpxn5g0ejvk536xk3g322lfqv06frn5257au4fxhnspramhxue69uhkummnw3ez6un9d3shjtnyd9nkjarpd3kk7c3wwfhsz9nhwden5te0wfjkccte9ehx7um5wghxjmnxdu7806s4 nostr:nprofile1qqsthy887pf36j465w0ls5y32a6rf7m06whlnnacmgn4rx0zg845alcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyf8wumn8ghj7mmxve3ksctfdch8qatzrrgsjf nostr:nprofile1qqstnn4wadqh3f2fazc9wre53vk25jl03yeluver630rsawqryv69sspramhxue69uhkymmnw3ezumrfva58gmnfdenhxur0wfjjucm0d5hszrnhwden5te0dehhxtnvdakz7t950ej nostr:npub1heqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysdkkx28

Replying to Avatar Denay Samosa

Been reading nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's article entitled ‘The Power of Nostr: Decentralised Social Media & More’

I have found this article fascinating and so on point, especially the nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Dorsey quote on free speech and free will.

“This is going to sound a little bit crazy but I think the free speech debate is a complete distraction right now. I think the real debate should be about free will.

We feel it right now because we are being programmed. We are being programmed based on what we say we’re interested in, and we are told through these discovery mechanisms what is interesting. And as we engage and interact with this content, the algorithm continues to build more and more of this bias. But the algorithm, even if it’s open-source, is effectively a black box. You cannot predict 100% of the time how it’s going to work, what it’s going to show you, and it can be moved and changed at any time. And because people become so dependent upon it, it’s actually changing and impacting the free agency we have.

I think the only answer to this is not to work harder at open sourcing algorithms or making them more explainable about what they’re doing and why they’re doing it, but to give people choice. Give people choice of what algorithm to use from a party that they trust, give people choice to build their own algorithm that can plug in on top of these networks, and see what they want, and they can shift them out as well. And give people choice to have, really a marketplace around an algorithm that you can choose, “I want to use this for these reasons, I don’t trust that party anymore so I’m not going to use this, or I’m not going to use anything at all: I want to be the discovery mechanism.”

And that’s really the biggest problem and why these corporations became so large and so valuable, is because they solved the discovery problem on the Internet.

We talk a lot about the public square, but the public square cannot be owned by one company. The public square, by default, is the Internet. But the problem with the public square is it’s very hard to discover and to be matched with the things that you’re truly interested in. And that’s where the value of a Google came in; it helps you discover. That’s where the value of a Facebook; it lets you discover your friends. The value of a Twitter; helps you discover news and interesting content of the day.

But if we can solve the discovery problem in an open-source way, in a free agency way, that you get to choose how you see the world and what algorithms you’re using and more or less how they’re working and that you can turn them off and see everything, that’s really powerful and that’s what we need.

And we just haven’t seen a lot of motion there. Twitter took the first step some time ago when we enabled you to turn off the algorithm and just see who you’re following. But the problem with that is that you miss tons and tons of content, because there’s just millions and billions of tweets going by, and you need some help. But to be able to trust the help I think you need to be able to choose it and have agency over that. Otherwise it really is attacking free will. It’s programming how we think. And we can resist it all we want, but it knows us better than we know us because we tell it our preferences implicitly and explicitly all the time. It just feels super dangerous to continue to rely on that without choice.”

-Jack Dorsey, June 2024

https://www.lynalden.com/the-power-of-nostr/

🧡

Wann habt Ihr Euch radikalisiert?

Und es geht diesen ggf besser als Leuten, die viel mehr “haben” bzw. sparen oder investieren. In D hast du einen weltweit einmaligen Lebensstandard auch ganz ohne Vermoegen. Inflation? Egal, Staat zahlt: Miete, Essen, Heizung, Krankenkasse. In Sachsen wird ein Zuschuss fuer den Urlaub fuer “Arme” besprochen.. Die Anreizumkehr ist pervers. Ich hasse den Sozialismus!

Sure, she is from Poland and not super tech savvy, her daughter actually bot her the ticket with an app. Anyway, no cash anymore. Obviously. But not sure what went wrong. No cash would be insane