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All things Bitcoin

A fascinating 10 minute mini-documentary by Joe Nakamoto showing single-dad Steve who has sold his house to be all in on Bitcoin! Highly recommended!

https://youtu.be/V_PNiqIOjVA

Great suggestion, Ben. Matthew Kratter makes The Mandibles sound quite interesting. I just used my Libby app to place a hold on this book at my library.πŸ™‚

Three tips keep me loving my stainless steel:

1. Preseason everytime. High heat until drop of water skitters like mercury bead. Add oil to cover surface. When begins to smoke reduce/remove from heat. Thirty seconds later ready to cook. (see Wok with Tok on YouTube)

2. For when do have food stuck on pan simply add enough water to cover and bring to full boil. Add some baking soda and let sit 1 hour. Scouring pad easily finishes.

3. Bar Keepers Friend really works. Makes even ancient (thrift store, garage sale) pans look like new!

Replying to Avatar Richard Vintage

A reflectionβ€¦πŸŒ

I was born in the late 70s. Generation X, the hybrid ones. The generation that experienced relative peace, and saw the world transform rapidly.

From the birth of personal computers, to the internet, to emails, to open frontiers in europe and global citizenship of today. Or at least, heading there.

We witnessed the birth of personal computers. ZX Spectrum, with cassete loading games that we waited 30 minutes to load and praying for them not to fail.

Then came the first PCs - i8086 processors, at 8Mhz, with CGA graphics - 640x480 and 4 colors - white, black, cyan and magenta. And god, the games were fun!

Then the soundblaster sound revolution - from beeps to complex sounds.

Then VGA, XVGA, 256 colors, 16000 colors and 24 bit colors.

The sound became better and better each year, until it became true high fidelity.

Now we are heading to Virtual Reality and Metaverse, and games played with a RTX4090 seem real life.

In the meantime, the birth of the Internet.

First the dial-up modems. 28kbps, and we needed to dial and occupy the phone line. And pay! Our parents kept shouting "Turn off that thing, someone might phone us!"

Now we have cabled 1Gbps 24h hour connections, with no limits.

In three decades, the world has changed a lot.

Then came...Bitcoin!

The younger fellas, millenials and Gen-z, understand it easier, since they are internet-native. Is their native language

My generation has a tough time understanding the idea of free money in a computer.. State-money was all we knew, and it was paper in the beginning. Tangible and palpable. Computer-internet-virtual money seems strange. Baby-Boomers may even be more confused.

True, most of us almost only see digits in a computer screen on the bank account. But it is "The Bank", and we were raised in a time where banks seem very serious and credible. We saw the banks evolve too. My parents worked at one,

Everything was serious, professional. Everyone used suits. As a young boy, I used to see papers, cash vaults and shielded suitcases, cheques. Reunions. It's like the adult world. Now Homebanking revolutionized things. It has become more online, virtual.

However, it is not at par with the technological advances in other areas.

There is still massive supervision there, that requires slow settlements, intermediaries and central control.

But 2008 showed how fragile the economic system was.

In Europe, 2011-2013, the aftershock of the 2008 crisis. We had a central planning "easing", where the powers of central europe just squashed the autonomy of the southern countries. A group of three guys, some supposed economic gurus from the IMF, ECB and European Commission, called "Troika '', came to see what we were doing wrong. Like some angry daddies after the child screws up.

Conclusion - we were lazy. All southern countries - (Portugal, Italy, Greece and Spain - The PIGS) were lazy asses that spent all their money on wine and women.

According to the powers that be, the PIGS fail had nothing to do with the centralization caused by the Euro, were different countries lost their ability to self-manage, and the quotas on production and we were paid to stop producing milk and fish, and payed to build roads and highways that we already had, among other dictates.

Where some banks were bankrupted, and of course bailed out.

Like Banif, BPN, BPP and Novo Banco (the one that is now withholding Peter Schiff's money lol) that was formed after ex-Banco Espirito Santo failed. The good assets went to create "Novo Banco", and the toxic assets were swallowed by the portuguese taxpayers. 7 billion euros - that we cannot even print, just borrow from the ECB.

Then came the Austerity Period where everything was bad.

Most of us believe that it is what it is, and we cannot do anything. That anything that is different is doomed to fail.

When I heard about bitcoin, 2013-2014, I dismissed it. Things were too complicated already in the economy, and that computer geek money seemed like some scam. I believe it's the initial reaction of most.

Then 2018 I was surprised bitcoin still existed, but still didn't give much of a thought.

In 2021 I heard of Tesla buying Bitcoin and that sparked my curiosity. I read alot about it, and as we all know, went down the rabbit hole. Bought eth, some altcoins and gambled with shitcoins, losing money. Guess most of us been there :P

Now after a lot of reading and studying I finally understand the power of incorruptible, decentralized, uncensorable money, or store of value.

I do believe Bitcoin will be a part of the future. Lightning network and Nostr may play a big part too, the simplicity and outreach of the "zapping" mechanism astounds me when thinking of what it can revolutionize.

I have no idea if it will be worth 30k dollars, 1k dollars, 1 dollar or 10 million in the next 5 years. It will attract resistance from the governments, a lot of it for sure. They will not yield their power and control gained over the course of last century and .

Bitcoin will be defamed, ostracized, banned and censored.

But it will endure.

Best part of all, Bitcoin is a beacon of hope in the future. In a freer mankind, sovereign and untamed. That is our birthright. And we are all in the front line of that change, and it is still soon, very soon.

So...exciting times ahead! ❀️🌟

You are a great writer. Followed and zapped.πŸ™‚

I believe what makes Nostr work for me is who I follow and who follows me. I only have android so Amethyst is my client of choice. But to maximize my connection with those who graciously follow me snort.social has a "Follow All" button to increase my communication pipeline (use Kiwi Browser set in desktop mode and add the nos2x extension signer for simple sign-in). I continue to get new followers every day so I use snort.social daily to follow my followers and it makes a difference.

@threeseries, hi! I'd love to hear your experience if you try Agora Desk. Not sure how @Gold does P2P but after realizing all the zaps in my Wallet of Satoshi are non-KYC I decided to add more sats using P2P.

I chose RoboSats because it uses the lightning network, it works on my mobile phone, and it accepts Strike which is my KYC method of buying BTC.

To test it I made my own offer to buy the least amount of Bitcoin RoboSats would let me ($6.20) and offered 5% over current Bitcoin value. There's a 24 hour timer and someone sold me their Bitcoin in the 24th hour. The sat were directly deposited into my Nostr connected wallet and I'll figure out later how to put sats into their own hardware wallet. For now I just want to get started .

I'm also exploring direct person to person but my wife is convinced I'll get myself mugged. I think Bitcoin meetups might work and I was lucky to chat with the OG of a web based P2P encrypted locator. I suggest you check it out. It's new yet already has a large world map with lots of people willing to buy and sell Bitcoin! If you want to see it in action without having to follow through you can always click on me, last I checked I'm the only green dollar sign in Oregon. Chats are encrypted and notifications come through your email so there can be a lag in responses. But check it out, pretty fascinating to me. localsats.org

Ha! You made me laugh when you asked for hacking Bitcoin videos. For over thirteen years Bitcoin has been under constant attack and it isn't possible to hack it. That's why it has a reputation for being anti-fragile. If there is a perfect example of the impossible dream hacking Bitcoin would be it.

You can find plenty of useful Bitcoin information on YouTube. Whether you are looking for specific topics or general overviews, YT has them!

No, I am just enjoying Nostr! If you want more activity and have more enjoyment try to follow many people. You are welcome to click my profile and follow all the people that I follow. There are many big influencers there who share great information and many, many other nice people. (To save time snort.social has a "Follow All" button!)

Welcome to Nostr!

I found I couldn't share some sats with you. In your profile you can share a lightning address and start receiving/sending sats. The easiest non KYC way I use is Wallet of Satoshi! Give it a try and again, nice to meet you.

I believe it is because the Lightning Network is virtually free. I know even when I send funds to my family in the Philippines using the Lightning Network of Strike there are no additional fees. Pretty cool!

(Do "daughter" and "nostr" rhyme? πŸ™‚) Sent some sats your way. Beautiful, touching song. Hope your daughter appreciates it. And thanks for using that streaming service. My daughter is a quite successful singer-songwriter (and a reluctant Bitcoiner) so maybe soon I can also get her "nostrified"!

Great phrasing "unregistered stash"! Thanks to Nostr I noticed my pages and pages of zaps are "unregistered", my wallet has absolutely none of my KYC sats in it! So I just went a step further and dipped my toe in the water of P2P, and bought the smallest amount of Bitcoin I could on RoboSats ($6.20 funding with Strike). Amazingly easy to do, highly recommend. Now I have a controlled way to add to my unregistered stash!πŸ™‚

Cool! Working for me!

Grokking bitcoin leads to better critical thinking. Let haters hate. To entertain such vehemence is a waste of energy.

Thanks to @Padoc2robert for sharing this pro-bitcoin video today of an interview with Caitlin Long. Caitlin has a knack for cutting to the chase. She is fun to listen to and her own story is timely because she is trying to license a storage-only bank and has been denied. (Her bank is willing to hold 108% in reserves and not offer loans, eliminating any chance of a "bank run". )

Caitlin points out the notion the elite SVB uninsured needed bailing out to be laughable considering any responsible company is fully aware of the FDIC limit and has staff to stay insured. For example, she said a major company like General Electric has a huge staff that oversees more than 10,000 bank accounts to remain under the limit. Much good information here! https://youtu.be/xqX_NkBUQzg

Be your own bank! Yes, even our received tiny zaps can be our own protected property because of Bitcoin.

Matthew Kratter put this video up today, "Be Your Own Bank". This video perfectly counters the fear, uncertainty, and doubt we are currently seeing. Enjoy!

https://youtu.be/nDsqTIMSpC8