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Oscar Pacey
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Consultant

If I have a BitAxe but it’s sitting on the shelf unpowered because it had some overheating error and I haven’t had time to look at it - am I still making the bitcoin network secure?

Legal tender is a much confused term.

Does it mean…

a) you must accept it in trade

b) it’s not illegal to accept it

c) you can’t sue if it’s offered in settlement of any debt

Bukele went with A, a very interventionist and extreme rule. China has at times made it illegal tender (judicial penalties if you are caught using it), but the UK wins by making GBP its only legal tender and using definition C.

Why wins? Because they leave the door open for trade to happen In any asset, from barter to shells to pounds to bitcoin.

So why isn’t the UK really winning? Because they apply capital gains tax to the trade of anything which isn’t GBP which is a huge disincentive in letting any other asset become a de facto currency.

El Salvador maintaining a zero CGT status for Bitcoin is the real gem of a law. It’s non-interventionist, allows a fair playing field and voluntary organic growth and demonstrates a more valid economic experiment to take place.

The IMF changes have been ironically beneficial in the long term.

Now, the UK, please stand for and vote for tax rule changes too.

This pizza box is adorned with AI generated images.

The car was never made, the woman was never born and the baker was never photographed.

The less we gossip, the stronger the risk that we partition our _social_ networks. If that happens we fork our perceptions of reality.

How many peers do you communicate with and how heterogeneous is that group?

Gresham’s law of laundry:

Bad socks outlive good socks

AI race is clearly misunderstood. As bitcoin miners know, the efficiency of the machine is just an edge in the race, not a reason to put less effort in.

DeepSeek is at best a downward difficulty adjustment, and at worst a new but normal competitor.

Nvidia is still king.

How do you manage all your encryption keys (e.g. SSH, GPG, PKI)? There doesn't seem to be a widely adopted standard like BIP32 and related for deriving them from a common seed, or tooling for that kind of scheme.

Slippage = price drives up for your purchase and then collapses

Stickage = price drives up for your purchase and then stays there

Zippage = price drives up for your purchase and then keeps going

Thanks for the z/ats! I just rediscovered Battle for Evermore. They don’t make em like that anymore.

What’s up with my zap set up? I have an LNurl address programmed in - does zapping require bolt12?

Replying to Avatar smoak

https://web.public-pool.io/#/

But you can run your own instance of it on Umbrel ⚡️

Oh i see. So if I run it myself it can be justa stratum server bridging my own node to my own asic?

Replying to Avatar SelfBankt

Is there any other way?!

Thanks. What’s ’public pool app’? Is that an Umbrel thing?

QE = Arbitrary debasement

Or…

QE = Clever fiat game which stimulates real productive activity to benefit wider society

?

Ooh, that wasn’t a bitcoin event, it was crypto. Was about 2% the size of the bitcoin event there a few weeks prior. I think that’s what the Bedford residents call the cheat code. nostr:note1xhl5725cn0sxf3xw9v85uvj8ks62x63eqf54ckptvwxqnsp0z02s7qzhtm

It’s time for Tooting