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UKR ๐Ÿ‡บ๐Ÿ‡ฆ 1 - 0 MAR ๐Ÿ‡ฒ๐Ÿ‡ฆ #PARIS2024

Absolute happiness does not exist, only moments of happiness exist.

Photography skills on point ! ๐Ÿซ‚๐Ÿซ‚

Itโ€™s peach cobbler season ๐Ÿ˜

Replying to Avatar paulo

gn

The shades in this picture are ๐Ÿ”ฅ are you using your phone ? (GN ๐Ÿซ‚)

Replying to Avatar Shawn

Long-form malformed, so let's try this the kind-1 wayโ€ฆ

๐Ÿ‘‡๐Ÿป

โšก Personal update: Iโ€™m on to new adventures, including starting up with a talented team of developers, product designers, and cypherpunks (ask me who when you see me). But also, nostr:npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8.

@npub13tv0rauv3cgevcjzu298eg2ujd4j82ve6haer0lyu3rjuttw4a2s6mgea0 is a unified Bitcoin & Lightning rail. A single API with no infrastructure overhead.

So you donโ€™t have to go through this:

App engineers and product people, this is for you: two lines of codeโ€”bitcoin sent.

๐ŸŽฏ Bitvora makes on-chain and Lightning payments simple, fast, and friction-free.

Iโ€™ll be at #bitcoin2024 in Nashville next week, and Iโ€™d love to give you a sneak peek of the product. Weโ€™ll be in an invite-only beta.

โœ… If youโ€™ll be in town, DM me or leave a reply below to set up a meeting. I canโ€™t wait to show you what we've built.

Congrats Shawn, wishing you all the success for whatโ€™s coming next !

GN ๐Ÿซ‚๐Ÿ’œ

I donโ€™t know what to think about that ๐Ÿ˜‚ so Chinese financial markets would love a trump win ?

Maybe itโ€™s something to aspire to, not something they have already accomplished

Replying to Avatar Muslim Bitcoiner

The following is a response to a short video on Twitter where a brother talks about the problems with Islamic Banking:

I think the problem with Islamic Banking is spot on, and analogy of the casino is great. Indeed, Muslims need to find an alternative system, but the two solutions offered don't really solve the Riba problem.

1. Islamic FinTech does not solve this, because it's still using money that's completely entrenched in Riba. Even the money itself can only be created through issuing Riba based loans. Getting a new Islamic FinTech platform cannot solve a monetary problem.

2. Crypto (altcoins) does not solve this, as all it does is recreate the Riba problem. They're all centralized and non-neutral, and they create the incentive to change the monetary protocol to benefit the founders and insiders. No altcoin is secure enough and liquid enough to build a global monetary system. Crypto suffers from the same economic, technical, and ethical problems that fiat has, especially the cryptos that are not proof-of-work.

The two actual solutions to the Riba problem are gold and Bitcoin, which falls outside of crypto.

Bringing back the gold standard has been tried many times by Muslims, see Gold Dinar movement and also Gaddafi, among other attempts. They all failed.

Bitcoin is the only viable solution to the Riba problem as it's actually neutral, permissionless, extremely secure, credibly scarce with an unchanging monetary policy, and based on proof-of-work. Bitcoin is the anti-Riba monetary protocol that has a great chance of replacing the global fiat monetary system and solving the Riba problem.

Iโ€™m a bit confused, how is bitcoin solving that problem, if itโ€™s appreciating or depreciation by a percentage, in a response to economic conditions. Isnโ€™t that considered as a form of Riba ?