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Yves Bennaïm 🌿 ∞/21ᴍ
46c8df5a9e40a7e9cc85d89e9feb85ccb281050662525509b12b89e3212c58be
#Honeybadger & amazed husband of @Ond1n3 • #Bitcoin and its PoW Chain • Leading 2B4CH & Initiative BTC🇨🇭 • 吾唯足知禅

So, Pictet, one of the largest and oldest Swiss banks (founded in 1805, CHF 724 billion AUM), and a strong critic of Bitcoin since forever, is now hiring a Digital Assets Product Manager "responsible for defining and delivering a coherent vision and strategy for digital assets (such as cryptocurrencies, tokenised assets, stablecoins, etc.)"

Probably nothing.

How it started: How it's going:

Maybe they should build more roads?

(Or kill more pet squirrels?)

As bitcoiners argue whether ETF and MSTR are good or bad for bitcoiners, I'm wondering if BlackRock Grayscale Fidelity, and Saylor realise that a very large part of Bitcoin value comes precisely from – ironically – the ability to self-custody.

Without it, what they are holding would be as worthless as if they created their own BTC forked clone...

In an extreme case scenario where they'd buy *all* the Bitcoin, value would simply free fall to zero. Question is: How much can they gulp before reaching the tipping point?

Most people buying price exposure through ETF or MSTR understandably don't understand this. Heck, many self-custodying bitcoiners don't either. I would like to know if the people running these giants do. 🤔

"Sure, you talk about Bitcoin's benefits, but can you explain its history AND its free market price discovery AND its monetary scarcity AND its stranded energy incentives, all with a single image without comment?"

Me:

This brilliant scene from 'Veep' in 2016👌

Note: They did in fact "print" $8,273,000,000,000 more since that episode aired.

Learn why #Bitcoin

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

I identify as "extremely tired of all this nonsense and the radicalisation pendulum response it brings from all sides".

3 years ago, I made this meme. Time flies, 7 years to go...

What a journey. Happy anniversary El Salvador 🇸🇻 ;)

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha 🤣

Normalise #NWC 🙏

nostr:note135mh88es3clvm36ulw3x5v3dm9pmnerm8krcydmuy5alvxcwf4gsrkwyks

You are 💯 right, lists (selected as default TL) would fix this.

Please nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s ma familia 🙏

That of course, and people you really don't care about but don't want to mute. Don't get me wrong, Nostr is a great project, and I understand it is still super early, but the noise/signal ratio is off-putting at the moment.

Nostr people ask "why don't you use Nostr more?"

Well, very simply, because no client allows me to hide reposts (either totally or per individual user) yet.

Until this is addressed, my TL feels like Twitter's "For you" tab.

I do want to read what the people I follow post, NOT what they repost from other people.

I can't be the only one who feels like this, am I?

Of course TornadoCash was different, but the idea is that saying "I don't / can't control it" seems not good enough. And with relays, it would be even worse since they actually do control their own servers.

I don't know if I think they should. But I do think many of them will start asking themselves the question. Especially since there is no deniability possible since the TornadoCash story...

"Zuckerberg says Biden administration pressured Meta to censor COVID-19 content"

If Meta and the government hid this, what else are they hiding about? Who else is hiding stuff from you?

Enough with the "this is just a conspiracy theory" BS excuse already.

https://www.reuters.com/technology/zuckerberg-says-biden-administration-pressured-meta-censor-covid-19-content-2024-08-27/