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edouard
6bf906a41297ea2e7f261db9f3696a394e8d0dd35edbf037802b0a6933c54087

it’s a social consensus replacing the authoritarian consensus your institution represents

We are so early that sats are cheaper cause binance is coming down

Thanks! But which version is that? I think i have an old one but can’t update it. Weird

I use “bullionvault” so it is basically a custodian and i have to trust them. I could withdraw into fiat easily, it allows to withdraw in gold too but never did it. It shows how gold is inferior in terms of self-custody, verifiability, etc etc to bitcoin. I am just afraid that the monetary crisis we are going to go through will not end up with bitcoin as people are stupid but with gold as states will choose it as they control it more. For them fiat > gold > bitcoin, but fiat might soon lose the confidence of the people and then they have to propose something

Obv own much more bitcoin than gold

pessimistic version. Basically, it’s less efficient, practical, inferior etc

But been there a long time and typically states (us or other, typically china to take over) might use it for people to have confidence in money again, but money easy to recapture by the state down the road

Less hope

Have some. Less than before. Gold is the same view as bitcoin, but a pessimistic one

The security model is doomed!!!

Idiots

210 mio satoshis per block and not because bitcoin replaces base money just because of a few jpegs.

How much people will be willing to pay in 2140

Can one find merchants on nostr? Any existing ones?

So in 2008 the big banks would have died all without the Fed deciding we should save them all

This time the small banks die because of fastest cycle of hikes in 40 years due to inflation out of control due to the Fed thinking they can print 30pct of the money supply in 2 years and it will be ok and….

…. the big banks buy the small ones at 0 while leaving any risk they don’t want to the taxpayer

Dimon saying “the system is very very sound” makes sense

A Londres je connus Bella,

Princesse moins lointaine

Que son mari le capitaine

Qui n’était jamais là.

Replying to Avatar Peter Todd

https://geyser.fund/project/usvsterlingov

Just had a long conversation with the lawyers working on this case.

tl;dr: the US govt is using shoddy Chainalysis data to accuse some dude of running the bitcoinfog mixer. It's a bullshit claim supported by terrible evidence. Chainalysis has staked their reputation on this case; if these guys win against the US govt, it'll do enormous damage to Chainalysis as a business.

I gave them $100 (with lightning!). You should donate too. Lawyers deserve to get paid to fight important cases.

Thanks for sharing, donated some sats

They have to peddle complicated lies all the time to defend fiat

We just have to repeat simple truths

All people should be able to save and spend without paying huge fees or ask permission

Inflation of money supply allows

- financial industry to lie about its performances

- states to lie about the degradation of your living conditions

Bitcoin for a freer and fairer world

Freedom only comes with responsability

Democrats : Kennedy

Republicans : DeSantis

Single issue voter

Bitcoin is not a technology. Existing technology was incredibly smartly assembled to create a tool allowing a revolution. Satoshi thought of a lot of things to make it work in practice and maximize the probability of a social consensus to emerge. It aims at be perfect money, and it has all the attributes of it and just need continued social adhesion to be that completely

How do one switch to onlyzaps in damus?