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gladstein
58c741aa630c2da35a56a77c1d05381908bd10504fdd2d8b43f725efa6d23196

My blurb for nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a‘s new book

Run, don’t walk, and get a copy today

“If you could only read one book to learn about money, it’s this one. Alden spans geopolitics, world history, human rights, systems analysis, and computer engineering to add fresh insight to and link together the work of the world’s most influential economic thinkers. “Broken Money” is a sweeping and lucid account of the evolution of the modern financial system that reminds us that money is fundamentally a human subject, with costs and benefits that affect billions of people every day. She presents a unified theory of money that acknowledges the merits of both credit and commodity camps and marries them with technological and humanitarian perspectives to show how we got here and predict where we are going. She speaks plainly and removes the veil of jargon from finance so we can see what hides behind: a continual devaluation of individual financial liberty and a corresponding increase in government authority. “Broken Money” shows that the story of currency and finance is actually a story about freedom versus control, and Alden ends the book with a blueprint of how, against all odds, freedom might win.”

https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6

These IMF types are detached from the suffering that their economic prescriptions have on hundreds of millions of people

For them, a recession is “the only way” to fix a developing country in debt

For them, their best ideas don’t hurt the poor “too much”

Thank god so many bright minds are building a new monetary system that anyone in any country on earth can escape to and leave this horrid wreck behind ✌️

Replying to Avatar preston

So I was lucky enough to get an advanced copy of nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a new book in preparation for a podcast we’ll be recording, and all I can say is get ready people! My god get ready...

If you can’t understand the value prop of Bitcoin after reading this book, you’ll never get it. The best part, she doesn’t even discuss bitcoin until chapter 20. 🤣

Mark my words, it’ll be a landmark classic that generations will reference. It's insanely thorough but also very accessible considering the complexity of the material that’s covered.

I think she plans to have it punished very soon (within a month or two), so watch-out for it! It’s the ultimate orange pilling device for people that are intellectually curious.

It’s so good!!!!

No one could possibly argue it’s a bad idea for families or businesses in Argentina to try to earn and save in dollars versus pesos

But the establishment says dollarization will be bad for Argentina

Think about that for a second…

They want to uphold the Currency Caste System

The System is one set of rules for a small few, and a different set of much worse rules for the rest

It’s important to keep weak or dead currencies alive in the System, to keep selective wage devaluation going

The incentives are such that the System will not reform itself

But Bitcoin disrupts the System

If, over time, we grow into a global economy with one neutral open decentralized reserve currency, not issued by any one state or alliance, then the System breaks down and a new one emerges

There will be new problems with the new system, but it presents a world where everyone uses the same kind of money, instead of a world where your birth determines the quality of money that you earn your wages in…

This is a world, in my view, worth striving for

Where people in Argentina and Nigeria and Iran earn the same type of money as people in the US and Germany.. where it is all open and interconnected instead of walled off…

Monetary unity instead of division

✌️

“Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.”

Boss Fiat, encountering Satoshi

✌️

The currency caste system:

A very small number of rich countries print high-quality fiat (for now) to buy stuff while the overwhelming number of countries can’t and instead have to export stuff *we* want (instead of focus on making stuff they need) to earn high-quality fiat

This currency caste system ensures that most countries never develop sovereignty and instead grow dependency

But! This caste system is completely upended if all countries and people eventually settle in the same global neutral currency that no one state or group of states can print arbitrarily

This is the ultimate promise of Bitcoin: ending the global monetary inequality that enriches a tiny few by causing needless suffering for so many

Appreciate that concern, hopefully the remaining bounty will be claimed by someone who addresses that concern

Replying to Avatar Vitor Pamplona

This feels really rushed. nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk should be considered a potential solution, but it's not even a NIP yet (unless I am missing something).

Bounties are a tricky thing. In the end we felt like they could be helpful in moving some features forward and that would be net a good thing. Martti has made some progress and has been rewarded with a partial bounty which reflects HRF’s judgement that it is a partial solution

Bitcoin Bounty Challenge Update

HRF has determined that Iris secret chats by nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk partially

qualifies for bounty #3 (e2e encrypted nostr group chats) and will

receive 1 BTC of the reward 👏

The remaining 1 BTC is open to any popular nostr client that can

create e2e encrypted nostr group chats with an interoperable standard

via a merged NIP

Martti's submission with Iris did not qualify for the full bounty as

only Iris users can initiate a group chat

We are excited by all of the interest from around the world in this

bounty program and expect to make more announcements about claimed

bounties soon 😉

https://hrfbounties.org/

We are stoked to be working with Voltage to make self-custodial Bitcoin and Lightning donations easier for non-profit organizations and dissident groups worldwide!

They’ll help with liquidity and infrastructure support as HRF continues to work with BTCPay Server contributors to help NGOs become their own banks

https://voltage.cloud/blog/voltage-announcements/voltage-partners-with-human-rights-foundation-btc-pay/

I agree that ESG in general is BS but word by word Bitcoin will have positive environmental and social impact on the world plus it has great governance

Surprisingly based report by KPMG (top 4 global consulting firm) on Bitcoin

Even talks about the blocksize wars when discussing Bitcoin’s governance 👌

https://advisory.kpmg.us/articles/2023/bitcoin-role-esg-imperative.html

Didn’t know the “serverless payjoin” bounty would cause such a stir 😂

Regardless, it’s probably good to spark more debate and discussion around “serverless” UX features and privacy tools and tactics for Bitcoin

The ability of mobile phone users to use Bitcoin features non-interactively (meaning: just like the magic of plain old on-chain Bitcoin where you can send value regardless of whether the recipient is online etc) is probably one of the biggest challenges and areas of potential for the next few years

Yes on the Bitcoin Magazine website!

NEW: HRF announces the Bitcoin Bounty Challenge

20 BTC up for grabs for 10 UX improvements to Bitcoin (mainly focused on mobile wallets) requested by dissidents and human rights groups from across the world 🌍

Bounty #1: Open Sourcing the Design Guide

2 BTC to port the Bitcoin UI Kit from Figma to an open-source Penpot (@Penpotapp) project

Currently, the Bitcoin UI Kit is only available in a proprietary Figma file format

https://www.bitcoinuikit.com/

Bounty #2: Serverless Payjoin

2 BTC to deploy a production-ready version 2 payjoin protocol which may send and receive payjoin transactions without requiring a sender or recipient to operate a public server

https://payjoin.org

Bounty #3: End-to-End Encrypted Nostr Group Chats

2 BTC for the creation of end-to-end encrypted group chats powered by any popular Nostr client that do not leak metadata to third parties

Users must be able to chat with at least two other Nostr users

Bounty #4: Silent Payments

2 BTC for a mobile Bitcoin wallet which can send and receive Silent Payments in a private manner without requiring the user to run a full node

https://bitcoinops.org/en/topics/silent-payments/

Bounty #5: Human Readable Offers

2 BTC for a human-readable BOLT 12 offer generator feature integrated into a popular iOS or android bitcoin wallet

Bounty #6: Self-custodial Mobile Lightning Address

2 BTC for an easy-to-setup self-custodial mobile Lightning address generator integrated into a popular iOS or android bitcoin wallet

https://lightningaddress.com

Bounty #7: Mobile Border Wallets

2 BTC for the integration of @BorderWallets optionality in addition to a seed phrase for a popular iOS or android wallet

The user of the wallet should be easily able to choose to use border wallet functionality to create their seed

Bounty #8: Easy Mobile Multisig

2 BTC for the implementation of a “tap or airdrop to create 2 of 3” multisig functionality for an open-source popular iOS or android wallet

The wallet must be self-custodial, with a method for users to recover funds using open-source software

Bounty #9: Frost Multisig Wallet

2 BTC to a FROST-powered dynamic mobile multisig that allows the user to modify the signer set without moving funds to a new address

The wallet must be self-custodial

Bounty #10: @CashuBTC

0.5 BTC for a fully-functional iOS Cashu app

0.5 BTC for a fully-functional Android Cashu app

0.5 BTC for an open-source Cashu web widget for anonymous paywalled content

0.5 BTC for Cashu-TS backup restore

https://cashu.space

*****

We are launching with an initial set of 10 bounty challenges

More bounties might be added as we go

An individual or team who fully solves any of the ten challenges will be eligible to receive a bounty of 2 BTC

For transparency: submissions will be shared with external industry experts to help us discern whether submissions meet bounty requirements

HRF will be making decisions in a charitable way for bounty submissions that make a good faith effort to meet the requirements

We will be leaning to the spirit, not the letter, of the law

Individuals and teams are encouraged to contact bounty at hrf dot org with any questions during the bounty process

HRF retains final approval on allocating prize funds

The Bitcoin Bounty Challenge will run until December 31, 2024

Any unclaimed bounties will convert into general operating funding for the HRF’s Bitcoin Development Fund on January 1, 2025

An individual or team may collect any amount of bounties

If a leading wallet maker or for-profit corporation would like to compete, we would be delighted

To claim a bounty submit proof to bounty at hrf dot org

For full terms and conditions visit hrfbounties.org

This project was born out of 6 months of field research where HRF staff met with + interviewed a) dissidents and human rights NGO leaders from around the world and b) Bitcoin developers

The goal was to settle on a mix of desired upgrades to Bitcoin that seemed somewhat realistic

We fully expect a handful of these bounties to be claimed by the end of next year

We fully expect the bounties to spark debate, arguments, new ideas, criticism, and other stuff that may indirectly help Bitcoin and Bitcoin users

We *do not expect* all of bounties to be claimed

You all have 523 days left

Good luck!

And big thanks to @BitcoinMagazine for covering the news :)

https://bitcoinmagazine.com/business/human-rights-foundation-announces-20-btc-bounty-challenge-for-bitcoin-development