I too like both .. in fact they are the same set of properties - one in physical with limitations of physical - other in digital with limitations of being digital .. but I dont like the idea of self custody - either gold or bitcoin ..
All my gold is in a bank locker - all my bitcoin with #cashApp or #coinbase ... I do have a #bitKey for testing but so far it is a no go ... why ?
because the chances of me forgetting the seed phrase or losing my cold wallet (bitKey) are lot higher than #block or coinbase going under water .. And I understand it can be different for other people ..
As far as moving my properties elsewhere because gov turned holstile - this argument is applicable to only .00001 % ultra rich .. try explaining this to someone who barely makes both end - which is like 90% of global population ..
human mind is the worst place to store a secret ! #selfCustody
If you dont trust me just tell your seed phrase to someone you trust !
The freedom narratives around #bitcoin , help #gold as much - if not more !
You can simply find a replace bitcoin with gold in all Saylor talks - and they will still make perfect sense - only more because gold is
- most widely distributed
- least volatile
and most importantly - no need to self custody .. which is the biggest pain point of bitcoin .. I mean it is hard to remember my telephone number and you want me remeber 12 words ..really ! That is like remembering 12 passwords in one shot .. wow ..
I am interested in Real Life Expectancy - #Real life is before you get hooked to pills - cuz after that your life is just a testing ground :-) I guess it is less than 30 now ... cuz many kids are on daily perscription - for rest of their useful test lives (:-
Its a three way complimentarity of extremes :-)
#gold is by far the biggest and least volatile asset - #bitcoin shall reach parity in 2034 !
In a "weird" way , #Trump is better for women - cuz men will go to work again !
I am already missing #replyGuy ! what happened #nostr ? Did you kill a poor #bot ?
more i follow - more follow me back .. and I thought less was more ! #nostr is a bigch !
dont be triccked by #nostr vibes - the larger plan is to make you sell #bitcoin
Introducing HAVEN - The Ultimate Relay For Sovereign Individuals
HAVEN (High Availability Vault for Events on Nostr) is the next evolution of personal relays that take self sovereignty and decentralization to the next level.
https://github.com/bitvora/haven
It's a 4-in-1 Relay with:
- Private Relay - for your drafts, ecash/nutsacks and anything else only you should be able to see
- Chat Relay - for your web of trust to be able to send you DMs or to host private group chats.
- Inbox Relay - for people to send reactions, zaps and likes to your notes. It also pulls these notes from other relays in real time. Protected by web of trust
- Outbox Relay - for others to read from. This will contain all the notes that only you publish. Anyone can read, only you can write. Every note sent to your outbox relay will be BLASTR'd to other relays.
It also has many SMART relay features, including:
- It imports all your old notes to your outbox relay, and imports any note you're tagged in to your inbox relay
- It protects your relays using your Web of Trust
- It automatically backs up all your notes to a 3rd party cloud (currently only AWS S3 support - more soon™)
- It blastr's your notes to other relays
Amethyst users will love this relay because it gives you every relay you need to complete the relay configuration.
It is my hope with this relay that we can significantly increase the decentralization of Nostr by giving people an extremely powerful and reliable personal relay that gives them control over the longevity and privacy of their notes. With more people running personal relays, clients should be more inclined to implement the outbox/inbox model.
You can see HAVEN in action on my personal relay:
- wss://relay.utxo.one/outbox
- wss://relay.utxo.one/inbox
- wss://relay.utxo.one/chat
- wss://relay.utxo.one/private
I am extremely excited about this release and can't wait to see what the nostriches think of it!
To get started, follow the instructions in the README here:
reply guy was unleashed to have nostriches figure out the right relays .. this is one of them !
thank you nostr:npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8
How do ETFs work ? Do they buy bitcoin once a day ? How then they guarntee price per transaction ?
after four epochs of creation - #bitcoin shall find parity with #gold
2025: one kilo of gold
2026 : two
2027 : three
.
.
2034 : ten kilos of gold ..
then
20 million bitcoin = 200 million kilos of gold .
These are sobering times - aren't they ?
#gold is perfomring at par with #AI and lot better than #bitcoin
Last six months 🥇
anarchists never had it so good :-) ..all their money in #bitcoin and chatter all day long on #nostr
#nirvana
It is kinda self sustaining equilibrium - if #btc has more value - people will press for more #bitcoin .. there will be riots on the streets ..
if gold is more value , then they will mine the heck out of it ..
So 2% debasement is a naive argument ..
I have never lived in a place where gov is hostile - so never had to put it up my ass :-) - did you ?
as for deflation - #gold reached 190 million kilos in ten thosand years - #bitcoin recahed 19 million in less fifteen .. so will see what happens when miners stop mining for rewards get unsustainable .. and layers of bitcoin reduce transcations on base layer to bare minimum ..
In an impossibly rarr future - if the math and code holds up - it shall be ~21 million ... and #gold will be 210 million kilos cuz finding new gold is way more energy intensive .. the fact that AI and bitcoin offer far greater returns on per unit energy basis , will make is exponentially harder to mine gold .. and infact anything else ..
#Bitcoin was designed to be "peer to peer" cash for the soverigns , corporations and rich wealth funds ... 100 million is all you need .. that is why it must be a public ledger ... #Satoshi got it right ..
The rich shall build layers of currency over #bitcoin .. some will be KYC .... some private ... as the use maybe .. but it doesn't matter ... if you hold #gold .. the poor peoples money :-)
Bigger systems get perverted for obvious reasons .. but every new iteratiion is an improvement over the past .... censor resistance had never been a part of the protocol .. that seems to be getting fixed with #nostr assuming they dont get scared by replyGuys ..et all ..
Yes .. and rich hold #bitcoin :-) ..totally checks out ..