I closed my bank account yesterday. I am now 100% paying for my life in Bitcoin.

Nervous, excited, and relieved.

#bitcoinstandard

Good morning. Going to talk a lot about freedom tech today

Here we go, what up Nostr!?

#introductions

I haven't used the term hurdle rate, but my number one question to people about "diversification" is what basket of assets can beat #bitcoin's cagr?

The first thing they struggle with is the idea that something can grow 20% annually indefinately. That's mindbending for just about everyone.

Then they struggle with not spreading out risk.

If you're a professional money manager who isn't already using bitcoin as your hurdle rate, now would be a good time to sit down and try to understand why it should be.

gm

we need to go harder

deep

Another day, another exchange I am suspended from.

All of my funds are conjoined or swapped between LN/XMR for privacy before sending to exchanges, triggering all sorts of nonsense AML flags.

The exchange I am with now is requesting proof of funds, meaning it wants to see fiat coming into my bank account from an entity I have a business relationship with, asking me to "kindly assist them" in surveilling me.

Except that all of my business relationships are handled in bitcoin – meaning that it is impossible for me to show proof of fiat funds.

Alternatively, the exchange says, I could send them “the address” to which I received payment in the last year, matching the amount of money I have exchanged on their platform.

Obviously no such address exists as I create a new address for each transaction (and so should you). Additionally, much of my money comes in through donations, for which I simply do not have an invoice.

I could now send them every single zap I ever received on nostr in the past year – for context, that would be over 250 zaps in the past week alone, s/o to all the zappers – or I could move my business to Switzerland, where I can exchange up to 1000 CHF per day KYC-free (for now), which is what I’m going to do.

However, since I’ll be more heavily relying on peer-to-peer exchanges from now on, I’ll likely have my bank account flagged for receiving weekly payments from randos on the internet, making it fairly foreseeable that I’ll be losing my bank account in the coming months as well.

Fundamental rights violations aside, the amount of complete nonsense work – and with that costs – this system creates both for the Government and private institutions is absolutely astonishing. If there ever was a true bullshit job, compliance officer would no doubt be it.

It’s time we end the global discrimination complex inherent to the financial system in which we are all guilty until proven innocent, only to upkeep an inefficient system that is useless in preventing crime but formidable for imposing mass surveillance on the people.

So no, I will not "kindly assist you" in surveilling me, and if I die on this hill.

Until then, shill me your favorite tools to pay my bills in bitcoin 👇

For sure, they'll learn 🤙

GM, I am glad that deepseek is asking investors if Bitcoin is truly a tech stock like NVDA, because it isn't.

pura vida nostr

What are your top Podcasts?

#Bitcoin #Nostr #AskNostr

I am really starting to understand it’s not so much that people are actually stupid, but that they have been so thoroughly brainwashed and conditioned that the form of callowness in which they exist overrides all forms of thought so that the very idea of taking courageous action is fundamentally impossible.

It’s quite sad really.