Note added:

What is really important for bitcoin price to rise is M2 liquidity (blue color), we have had bull runs like 2017 where dollar liquidity (orange color) did not increase.

That said, I also expect that starting in September the liquidity of the dollar system will start to grow.

Why this happens (That has more importance the global m2 liquidity than the liquidity of the dollar system for the price of bitcon, being the dollar the world reserve currency) is something I do not know, the formula I use to measure the liquidity of the dollar is:

WALCL - (WDTGAL +RRPONTSYD)

Where:

WALCL = Total assets held by the Federal Reserve.

WDTGAL = general account of the U.S. Treasury

RPONTSYD: Overnight reverse repurchase agreements, which are Treasury securities sold by the Fed in temporary open market operations.

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Of course I do. That’s why I’m talking about it.

Your #bitcoin stack is worthless.

What’s the point of having a fat stack of sats if the world around you is barren of beauty, freedom, and thriving communities?

Bitcoin is just money, even if it’s JUST money. It’s a tool, a means to an end, but what are you working towards? Why are you here?

It's fashionable in the bitcoin community to talk big about “generational wealth,” as if amassing a fortune and passing it down is the ultimate goal.

How about passing on the ability to accumulate skill and reputational capital—assets that grant the timeless ability to create value, regardless of the economic landscape?

If you have the skills to be useful to your fellow man, and if you’ve built a reputation as trustworthy and capable, you will never go hungry. Reputation and skill transcend the limitations of money. They are the true generational wealth.

Bitcoin is worth less in a world stripped of beauty, community, and purpose. It’s worth less if only hoarded rather than used to build, improve, and inspire.

Bitcoin is not worthless, of course. It’s the most potent money that ever emerged. However, it’s only as powerful as the world we build around it.

Don't leave your kids bitcoin. Leave them a legacy.

On one hand, any given presidential term seems short to me. Only 4 years.

But then I realize that bitcoin is only four presidential terms old. Each president was in power for a full quarter of its life.

Discouraging spending is a feature, not a bug. We need a world of increasing efficiency that benefits everyone, where you spend less but receive more. Debt based FIAT systems are incompatible with this, ₿ enables it.

4m dollars in fees alone in the past hour? 👀

I was just walking down the street, coffee in hand, suddenly realizing how "normal" it all is already. Like most days, I went to a coffee shop that accepts lightning. Like most days, I paid directly with sats that someone zapped me here on nostr. Like most days, neither the merchant nor myself thought twice about it, or took a minute to marvel at what just happened.

So, allow me to do just that. Marvel at what just happened. While everyone is having a fantastically crazy time at #nostriga, uncountable people are using bitcoin in a myriad of ways. Some for savings, large and small; some for transactions, large and small; some for other stuff. Bitcoin is slowly but surely entering the world stage. Some commentators will tell you that this is good. Some commentators will tell you that this is bad. Whatever the case may be, it is unavoidable.

I see nostr under a similar light. As platform-based manipulation and censorship ramps up—which it inevitably will—the usage of nostr will ramp up too, and with it the usage of zaps and everything else that comes with it. And soon enough, buying a coffee (or breakfast, lunch, and dinner) with zap-based income will be normal. Just like it's "normal" to be an "influencer" today, or a "YouTuber" or whatnot... It's not everyone's cup of tea, but it's a normal thing. Anyone can do it.

Back to my coffee. I remember when I had the "oh my god, I can live on bitcoin here!!!" experience for the first time. It was in Bitcoin Jungle, a couple of months after the initiative was launched. I stayed there for 2 weeks or so, buying the necessities of daily life with sats outright. And it worked. Flawlessly. I had zero payment failures, and was exclusively using Zeus with my own node. It was incredible.

Why is this incredible, you ask? Shouldn't stuff just work? Yes, it should. But building out the tech and the infrastructure to make it all work is BLOODY HARD. I remember the first Lightning Conference in Berlin, in 2019. Everyone came, everyone had all their channels and wallets and everything prepared, and ~50% of payments failed. For... reasons.

Fast-forward to today: I go to one of the 100+ merchants in the city that accept bitcoin, a quick tap on the PoS device & QR code scan, boom, done. Is it always perfect? Of course not. Will it get better still? 100% it will. Very soon these merchants will have NFC-enabled devices, and the tap-to-pay experience that people are used to with cards & Apple pay will be normal for bitcoin payments too. If you are in Riga right now, you'll experience this first-hand thanks to Bolt cards and BTCPay Server. It's awesome, it's open-source, and it works. And it will get better still.

We are truly living in the best and weirdest timeline; a timeline where shitposting on the internet can buy you lunch and dinner; a timeline that spawns amazing technological movements like #nostr; a timeline that, every ~10 minutes, allows for a small miracle to happen. A timeline where "magic internet money" is a normal thing; a timeline that, thanks to the magic dust of cryptography, enables anyone to speak about anything, without having to ask for permission. I'm grateful.

Thank you, Satoshi. 🙏🧡

Deepfakes are going to be so lit once this reaches the next step of realism.

Going to have to assume all content is fake unless it is signed by a reputable source.

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Congrats! The half-hour time zone shit to India always baffles me. 😂

That's why I like to post so much about Egypt, D&D, cold plunges, politics, and other random stuff.

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Ask the 8 ball anything

maybe bitch about actual problems like opensats instead of someone quoting your note with nothing and losing you $0.07 in zaps nostr:note1556wr65zlgjuu9urhzerv2alh7my39v8tadq2pwklz7awqrspkus95s4ky