Great to see! This will only accelerate their irrelevance. The world cannot stop the adoption of #bitcoin. Daily, its adoption, tools and services grow. They can be left in the past

I think everyone who thinks about tariffs for a couple minutes realizes that certain products will need to be exempt, there will be a transition period, and there will be at least short term cost increases. No need to debate the tariff strategy that is already being implemented. It is too late for that. It’s time for acceptance and adjust to the new world. Time will let us know whether this was a good decision or not.

The focus needs to be on separating money from state. That is what these politicians need to focus on.

Very well articulated! With government, I am a big fan of solutions that are sustainable and beneficial long-term. Typically, this means no subsidies and very little government intervention. This is a great example of the exact opposite and will result in being worse off.

Very interesting!!!!

Just read up on stablecoins related to the Genius Act. This is why I wouldn’t hold them:

1. Requires KYC

2. Money can be taken by government

3. No way to redeem in kind

4. Vague auditing requirements

5. Lag time in asset pegged against

6. Issuers are controlled by the government by requiring a special license

7. The special license is given to banks by default

All I hear is how stable and accessible they will be, which will open such great opportunity. This is lipstick on a pig that is more controlling than our current system.

You’re welcome! I don’t have zaps working so thanks for having a lightning address as part of your profile so I can support you.

My slow transition away from trad fi continues with dumping all my TD stock. Looking forward to a world where we control our money not these massive institutions.

Reddit is on its last legs. I never think of going to it and I ignore it as a source whenever it pops up in search results.

Right

This is needed because of all the manual processes that are done to move money around. Nobody is around to run them. It is hard work moving our money around to maintain the house of cards

*Uck no!!! This is the dumbest idea that will fail. Nobody wants xmoney!!!!

I listened to the 4 part series and read the book. Everyone needs to do the same.

My family has decided to not play the interest rate game and pay off our mortgage. Being in a position where our securities are taken and being left with our debt is a risk not worth taking.

Since reading the book, my eyes are opening. How can my broker offer zero fee trading? Why don’t I have stock certificates? How can fractional shares be offered? Why do I have to fill out a financial questionnaire yearly?

They are holding your securities in pooled form, trading derivatives with your securities as collateral and will do anything to get more of your money. They’ll go further and further on the risk curve until something breaks then us security holders will be impacted.

There is no guarantee that this will happen. However, we should all have a plan in case it does.

Welcome! I’m just checking out your music…🕺🪩 I’m liking it!!!!

The only way Strategy goes bankrupt is if a government’s military shows up at their head office and demands the Bitcoin.

I agree, but the zap payment layer has to mature for this to happen. It isn’t easily available to everyone right now.

Does anyone know how to do a Premium subscription in nostr:nprofile1qqsx2wyjt6lmvc05rrvv05r5hm3w3t7h0pcpmkyswrpd4ymd2u09tscpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qydhwumn8ghj7mn0wd68yvfww36kumn9d3ekzarn9e3k7mgyeaz50 without going through Apple account?

It must be interesting to see the amount of sats decrease monthly. Instead of hearing inflation on the news, you get to take part in deflation in near realtime 😎

I’m reading The Great Taking after listening to it on Bitcoin Audible. As I’m going through, I am trying to understand in more detail so I’m looking things up. In doing so, I come across all of these different acronyms related to my investments:

CCDS

CCP

CCDSX2

SLF

CCMS

OSC

How the f@$& did investing in simple stocks and ETFs turn into such an intertwined list of companies and regulation?

All I want is a platform that allows for trading where I am the owner of the security. I don’t want to worry about the counterparty risk, unrelated to my securities, causing me to lose what I thought was mine. I thought I only had to worry about the failure of companies I hold not a failure somewhere within the financial system using my securities as collateral without my permission.

Not your keys not your coins may extend way further than I ever knew.

Come on Primal…I want you to focus on a seamless zap set up for all regions and supported devices. I wanna be able to zap the guy who posted the video of the AI bots on 3 phones talking to each other!

Right now, it is just too difficult to get zaps working in Primal in Canada. Your wallet doesn’t support this region.

I’ve taken my next step in adopting bitcoin by using Lightning for payments. To keep my savings and spending separate, I decided to purchase on a separate exchange that sends the funds to a Lightning wallet. I use this wallet as a checking account.

It is very cool to see payments being made on Lightning using the Phoenix wallet. It is very easy to navigate, understand and is quick.