Some quick thoughts on what a Bitcoin PAC might want to do in DC. Some more realistic than others. Some ideas that need work. Some just fun:

-de minimus tax exemption. honestly should mirror BSA threshold of $10k but $2,500 would be a good start

-bulletproof legal protections for open source devs especially ones building privacy tools. Cannot be a country that goes after the blacksmith for what others do with the knife

-ability to use self-custodial BTC as collateral

-phase out “crypto czar” and “working group on digital asset markets” and any other federal institution or process that seeks to conflate shitcoins with bitcoin

-tax incentives for home mining and for nat gas facilities or landfills etc that eat methane with mining

-Manhattan Project-level collaborative effort to identify all wasted/curtailed electricity in USA and deploy miners to those locations

-incentivize bitcoin education for high schools

-a bitaxe in every high school compsci/techEd department

-a Bitcoin museum in DC

-educational congressional testimonies from global Bitcoin users: activists, remitters, refugees, off grid miners, etc

-Jan 3 national Satoshi holiday of some kind

-Congressional Bitcoin Committee

-end to the bitlicense

-all formal bodies that do American democracy promotion abroad, to integrate bitcoin

-enable foreign countries that owe America (or IMF/World Bank) debt to pay back in BTC, not just USD

Hmm just not sure how these goals really play into the objective of capturing, sanitising and regulating bitcoin.

My wife comes back from the store with this 😍

Poor Ukrainians (except nazi ones of course).

What an irreparable waste of human life for the sake of those crazy fat warprofiteers and warmongers in London, Washington, Basel and Bruxelles.

I always dream of putting all these kings, financiers, zars, bureaucrats, generals, CEOs and presidents in an arena, lock the gates and let them fight to death instead of us.

That would be a great system to solve any conflict of power.

Whats left of Gaza Alex?

nostr:nprofile1qythwumn8ghj7mn0wd68ytnxd46zuamf0ghxy6t6qy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqqgzccaq65ccv9k3454480sws2wqepz73q5z0m5kckslhyhh6d533jc25xncl something worth looking at

nevent1qvzqqqqqqypzqwrcm9wm0wz5cwsd8vkkk7lehu5txctzhejrym64yxa8rnemgknfqyd8wumn8ghj76rfwejhgctvdvhxummnw3erztnrdakj7qgwwaehxw309ahx7uewd3hkctcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsqgq3jccwcwxknasxgg5vsc6nhqh7p8uqyuqups4mr3u480cehatdjvem5v35

Does the imf actually solicit though? Aren’t the countries that go to the imf already basket cases

Funny story: I just ordered this book for some normie friends as a surprise gift and had it delivered to them (I knew they care about inequality).

They saw it had something to do with Bitcoin, didn’t know where it came from, thought they were being scammed and had the book returned to the publisher 😫😫😫

Yesterday, I finished reading Hidden Repression by nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

The foreword by nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe hit me hard! My 2 favorite quotes:

"[W]e've created a world that requires people to literally gamble on where to place their money to avoid it losing its purchasing power, and then we wonder why our world looks the way it does."

"The rule of law doesn't protect citizens from the manipulation of money."

Then, Alex's text was easy to read. But it was quite short (or it felt like it, as I read it quickly).

The content mostly enraged me, and I couldn't sleep afterward.

I'm still reeling from the experience.

What's most astonishing to me is that the IMF and WB are getting away with such a shocking and disturbing behavior, under the guise of benevolence or security. It's all just a facade for neocolonial exploitation.

And most people in the West are completely oblivious to it. Why aren't more people talking about this? Why aren't we demanding change?

The final chapter felt slightly off to me. I understand the intention was likely to conclude on a hopeful note, and to introduce Bitcoin as the peaceful solution. But it felt somewhat disconnected from the previous chapters. And it makes me hesitant to share the book with skeptical friends and family. They'll probably dismiss the book's important messages because of it.

But all in all, great book, and highly recommended.

#bookstr #bitcoin #hiddenrepression #imf #worldbank

I don’t agree:

This is a binomial probability problem. Each roll of a fair six-sided die is an independent trial with success probability \(p = \frac{1}{6}\) (rolling a 6) and failure probability \(1 - p = \frac{5}{6}\) (rolling anything else). We want the probability of exactly \(k = 5\) successes in \(n = 8\) trials.

The binomial probability formula is:

\[

P(X = k) = \binom{n}{k} p^k (1 - p)^{n - k}

\]

First, compute the binomial coefficient:

\[

\binom{8}{5} = \frac{8!}{5!(8-5)!} = \frac{8!}{5! \cdot 3!} = 56

\]

Substitute into the formula:

\[

P(X = 5) = 56 \left( \frac{1}{6} \right)^5 \left( \frac{5}{6} \right)^3 = 56 \cdot \frac{1^5 \cdot 5^3}{6^8} = 56 \cdot \frac{125}{1,679,616} = \frac{7,000}{1,679,616}

\]

Simplify the fraction by dividing numerator and denominator by their greatest common divisor (which is 8):

\[

\frac{7,000 \div 8}{1,679,616 \div 8} = \frac{875}{209,952}

\]

This fraction is in lowest terms. As a decimal approximation, this is about 0.00417 (or 0.417%).

This is a flyer I made for: nostr:npub1uul8sc3yc6vyyy86rlqhzngc593cq4js0q9k8nfeegysz0xzahxqyzwevx

Your meetup or event could be next.

If I'm being honest I have forgotten everything that was going on in Dance with Dragons. I was so excited to keep reading the series back then. I wouldn't even know how to start again.

Tonight, I got to meet a true hero - nostr:nprofile1qqszrx6getwup84zrycttvd78qcvf55prr2a5suaayczawhepvnk57cpz4mhxue69uhkummnw3ezu6twvamkjefwd4jszynhwden5te0wp6hyurvv4cxzeewv4escujywt.

Despite having been persecuted, imprisoned, and maligned, he continues his work as an opposition leader for #Venezuela 🇻🇪

And after conducting an interview with him for an hour or so at nostr:nprofile1qqstvj22wngc5t0687qvak06mt34spm3dl8pqu0ymcv7946xkmv8vpspzdmhxue69uhhqatjwpkx2urpvuhx2ue0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0cu4g09 this evening, I’m convinced that nothing can defeat this man’s spirit, and I believe that with people like him fighting for Venezuela, the country will one day be free again.

#VenezuelaLibre

What percentage of Lightning users do you think do that, versus either a custodial setup or using an LSP (which are singular points of failure and major targets for the Feds)?

“Check your financial privilege” is a great way to cringe what was a pretty good video lmao

i think its been shown most people are willing to give up self custody for amounts smaller than $100.

as long as there's a way to go onchain, you can't really fault the HRF for focusing on privacy over custody on small amounts. I mean you can fault them but everything is tradeoffs :P

With all due respect, and this coming from someone that uses LLMs heavily for boilerplate generation and quicker Google I have to say that you're taking this too seriously