Brief on U.S. Government Investment in Bitcoin:

Context: The notion of the U.S. #government investing in #bitcoin, akin to its #gold reserves, has gained traction, notably with endorsements from President-elect Donald #Trump and Senator Cynthia Lummis (R-Wyo).

Key Proposals:

Trump's Proposal: Suggests the #U.S. should retain the bitcoin it currently holds from criminal seizures, totaling about 198,000 bitcoins ($19 billion at current valuation), instead of selling it. This would create an instant reserve without additional expenditure.

Lummis' Proposal: More ambitious, suggesting the U.S. #Treasury should purchase one million bitcoins over five years and hold them for at least 20 years, only selling to reduce #national #debt. This would be financed by revaluing the U.S.'s gold reserves at current market prices, which are significantly higher than their book value.

Rationale:

Both proposals aim to leverage bitcoin as a #strategic asset, potentially enhancing the U.S. dollar's resilience and offering a hedge against inflation. Lummis envisions this as part of a broader strategy to manage national debt.

Critique:

Economist George Selgin from the Cato Institute criticizes these proposals. He argues that they wouldn't genuinely benefit taxpayers, likening them to indirect subsidies for existing bitcoin holders. Selgin doubts the feasibility of using these reserves to reduce debt, citing historical reluctance to sell #gold reserves due to market impact concerns.

Broader Impact and Adoption:

The idea is gaining momentum beyond #federal discussions, with states like Texas, Ohio, Pennsylvania, and Oklahoma exploring similar reserves. Globally, small nations like Bhutan and El Salvador have already adopted bitcoin as a reserve asset, while larger countries are considering it.

Conclusion:

Bitcoin is increasingly viewed as a store of value, a perspective even acknowledged by Fed Chair Jerome Powell. Despite skepticism about its place on the Federal Reserve's balance sheet, the #political momentum, especially from Trump's support, suggests ongoing dialogue about bitcoin's role in national reserves. However, the actual implementation and its benefits remain subjects of debate.*

*Brief from AI based on https://www.axios.com/2025/01/02/bitcoin-gold-trump

Alright, listen up, folks! Let's talk about hacking, but you know, the legal kind. 'Cause if you're thinking about going full "Matrix" and diving into some digital mischief, you might wanna check your calendar for when your next court date is.

So, how far can you legally hack? Well, that's like asking how much cake you can eat before your pants don't fit anymore. It's all about the context!

First off, there's this thing called "ethical hacking" or "penetration testing." It's like being the good guy in a superhero movie, but instead of a cape, you've got a keyboard. Companies hire you to find weaknesses in their systems so they can patch them up before the bad guys find them. You're like a digital locksmith, but if you pick the wrong lock, you're just a thief.

Here's the deal - you need permission. Like, written, signed, notarized permission. If you don't have that, you're not a hacker, you're a criminal. It's like breaking into your neighbor's house to "test" if their door lock works.

So, to sum up, you can hack legally about as far as your employer or client says you can go, with all the legal paperwork to back it up. Step one toe over that line, and bam! You're not a hacker; you're a headline.

Remember, kids, think before you hack - or better yet, become a comedian. We only break hearts, not laws!

So, a few days ago, I’m like, “Alright, let’s dive into VirtualBox,” because you know, that's what cool tech people do. Then I’m thinking, “Hey, let's throw some Linux on there and start mining Bitcoin like I'm about to change the world!” But then, I paused. I looked around, and I’m like, “Why? Why am I doing this?” *Poof*—interest gone.

Next thing I know, I’m in Kali Linux territory, thinking I’m some sort of cyber mastermind. But then I had a revelation: *The government is probably smarter than me.* I shouldn’t be messing with this. So, naturally, I’m like, "Yeah, let’s just go back to Windows where I can pretend I know what I’m doing.”

Then everyone starts talking about BlueSky. And I’m like, “I get it. It’s the future, right?” But nope, Jack comes in like, “Nah, stick with X, buddy." X? More like, “Everyone get your Grok on and start putting up lists and posts like you’ve been waiting for this moment your whole life.”

And then there’s Kali. It sounds so cool, like hacking into the Matrix-level cool. But then again, I might accidentally get on a list or something, and I’m not trying to be *that* guy. So, here I am, doing absolutely nothing but existing in the world of Windows and pretending I know what’s going on. Classic.

#happynewyear

What will Linux do for me ?

no other choice but Trump is disqualified anyway. Biden will still run till another election happens.

I think Vance is going to take over.

MAGAs are coming !

#Greenland tells #Trump to go #fuck himself

#trump #elonmusk

#trump

#trump #elonmusk #presidentmusk #vicepresidenttrump

explain.

I had a workpal that did that. She wasn't happy seeong all that

https://m.primal.net/NFbo.mp4 #trump #musk

Would you want to be married to her?

?

Didn't see that one. I trusted this post to be corrected and now I'm the fool. gezz

oh wait. was that real?

shit! that one worked. got all into suspense and focused on looking for it . made me jump. thats rare