China's quantitative easing efforts could ignite a massive surge in Bitcoin prices. We already know that Bitcoin’s value grows when fiat currencies are devalued through stimulus and government interventions. The volume of yuan credit created ( $1.59 trillion in September alone) will approach the scale of dollars printed by the U.S. in response to COVID during 2020-2021.
Secure as much Bitcoin as you can as soon as you can. 📈
#Bitcoin #RealEstate #Nostr #China #Economics
Finally cracked over 1,000,000 #Bitcoin holdings in BTC ETFs 📈
Coinbase users with eligible Visa direct debit cards can now deposit funds into their Coinbase accounts in real-time, removing traditional delays in transferring money.
Gradually, then suddenly
https://decrypt.co/289066/coinbase-visa-direct-roll-out-instant-funding-amid-soaring-bitcoin-demand
#Bitcoin #Nostr #News #Updates
Check out this article that highlights how Bitcoin enables vital aid to reach Gazans by bypassing disrupted traditional financial systems, demonstrating its power as a tool for survival and resistance against government imposed barriers.
Fix the money fix the world.
#Bitcoin #Nostr #Read #Gaza
The U.S. has reached another milestone, more debt. They love to print so much because they know you will cover the bill. The game isn’t rigged, it works perfectly for who it was intended to. Every currency is a sinking boat and #Bitcoin is a life raft that will get you to safety and freedom.
Check out this read "Commodity, Scarcity, and Monetary Value Theory in Light of Bitcoin" which argues that Bitcoin, with its fixed scarcity, decentralized structure, and cryptographic security, functions as both a commodity and a currency, challenging traditional monetary theories and reshaping the future of money.
#Bitcoin #Nostr #Bookstr #Read #Article
#Bitcoin Core devs warn that 17% of nodes are vulnerable due to a software issue before version 24.0.1, allowing potential DoS attacks. About 3,330 of 19,200 nodes are affected. Update to 24.0.1 to stay secure. Few cases of exploitation so far. Details: https://shorturl.at/KJusp
#BitcoinNetwork #BitcoinNodes #Decentralization #BlockchainTech
#NodeSecurity #P2PNetwork
#BitcoinCore #CryptoInfrastructure
#DistributedLedger #BitcoinDev
So much corruption going on around the world, we need #Bitcoin more than ever. Here are some of the recent events going on around the globe in 2024
•Zimbabwe’s Reserve Bank devalued its ZiG currency by 44%.
•The Central Bank of Kuwait is mandating citizens complete biometric fingerprinting by Sept. 30, or the regime will revoke access to bank accounts, assets, and government services.
•The Egyptian regime hiked the cost of gas canisters by 50% overnight.
•Israel plans to remove 200 shekel banknotes from circulation, which account for 80% of the banknotes held by the public. Pushing for a cashless society and headed towards a CBDC.
•President Kais Saied took another step to solidify control over Tunisia by stripping the administrative court of its authority to rule on electoral disputes just days before the presidential election.
Keep stacking sats, keep educating yourself, keep working on your health, keep blocking out the noise and distractions, keep trying to get better in ways that add value to your life.
#Nostr #News
$100 Billion is how much the national debt has increased in only 18 days. That means more of your wealth will be secretly stolen from you through taxes and inflation. They will never stop because they can’t be punished. You can stay on a sinking boat or board the #Bitcoin Ship.
Recently, I've been trying to decipher a question that seems simple: "Did Satoshi write these emails?" There are three emails in question involving two people (other than Satoshi):
- Wei Dai (two emails)
- Jon Matonis (one email)
For the back-story, I wrote about this conundrum at https://stacker.news/items/691013 The upshot for my ponderance is that the NakamotoInstitute.org (BTC-friendly) does *not* include these emails, but the NakamotoStudies.org (BCH-friendly) site *does*. I wondered, "What's up?" Is this a BTC-vs.-BCH blockchain thing? A block size thing?" Frankly, I don't care. I just want to know if Satoshi wrote them.
Regarding Wei Dai, the general consensus in the SN comments linked above was that I should go to the source...go to Wei Dai and ask. If real Satoshi-emails, then either he or Satoshi released them "into the wild" at some point and then they started to appear on various websites. 'Til maybe now, I hadn't seen that release point.
The Dai/Satoshi emails mostly pop up in two places in a search: bitcoin.com and gwern.net. I was familiar with bitcoin.com (and thus was a bit skeptical), but was unfamiliar with gwern.net. Was it just another bitcoin website? Anyone can make one. Was there an agenda? ¯\_(ツ)_/¯
So, going to the source, I reached out to Wei Dai via email today. We'll see.
Digging around, Wei Dai's site https://weidai.com says any questions can be posted publicly at https://www.lesswrong.com/ as an AMA. I went there. The "release point," evidence of Wei Dai sending out those emails may well be recorded there.
Here is a message from gwern timestamped March 16, 2014 to Wei Dai asking about the Wei/Satoshi emails:
Screenshot of the Wei Dai to Gwern reply:
Gwern's response to Wei Dai a couple of weeks later:
The page on gwern.net is still live at https://gwern.net/doc/bitcoin/2008-nakamoto. Being healthily skeptical, I looked for that page on the Internet Archive Wayback Machine. Unfortunately, that page is only first archived [in 2023](https://web.archive.org/web/20230208163356/https://gwern.net/doc/bitcoin/2008-nakamoto). But, gwern.net does go back to [2010](https://web.archive.org/web/20101011153322/http://www.gwern.net/) and the first bitcoin mention there seems to be [July of 2011](https://web.archive.org/web/20110723141839/http://www.gwern.net/), so, it was early.
The bottom line here, to me at least, is that Wei Dai's emails seem legit. Assuming the timestamps are legit, and that the emails being discussed from Wei Dai are indeed the same ones that gwern has on his site, then they're legit. It would take quite a bit of foresight to plan this out, starting 10 years ago, for this to be fake. The fact that the timestamp is pre-BCH, pre-block size wars is a big plus in my view as to the emails being legit. Those were the main reasons a question even arose in my mind, that and the NakamotoInstitute.org vs. NakamotoStudies.org exclusion/inclusion.
My next question, then, is back to NakamotoInstitute.org. Why, actually, are the Wei Dai emails not there? There must be a reason, and if a solid reason, why not share that reason publicly?
I reached out to NakamotoInstitute.org asking effectively, "Why are the Wei Dai and Jon Matonis emails not included? Not judging, just honestly curious." We'll see.
Regarding the Jon Matonis emails. I'd never even heard of him until this week. If you need a program to know the players, like me, he's apparently the former Executive Director of the Bitcoin Foundation (see [Wikipedia article](https://en.wikipedia.org/wiki/Bitcoin_Foundation)). It seems a bit hard to pin down what he's up to today. I will say one of the top hits when searching for his name pops up with [cypherpunkholdings.com...](https://cypherpunkholdings.com/about-us/board-of-directors/jon-matonis/) under "board of directors," complete with "cyphepunk" misspelling (screenshot below) What's more, that link forwards to a Solana DeFi project. Hmm.
I reached out to Matonis via his hushmail.com email. We'll see.
That's all. Summary:
- three Satoshi emails (to two people) are in question
- the Wei Dai emails seem legit to me
- the Jon Matonis email, I'm not so sure
- would love to hear back from NakamotoInstitute.org
We'll see. :)
nostr:npub1wfvjajv0336mpxhdk6xvlafp20p8mch5083wyjd6xxnerlaxf5kqhsvx9a - tagging you here because I thought you might be interested in the Wei Dai part of this
Do you think Wei Dai has more to do with Bitcoin than people think?
Country hopping and knowledge shopping 🇳🇱
#Bitcoin #Readstr #Nostr #Book #Read #Knowledge #Netherlands #Amsterdam
Where can I find this chart?
Japan's 🇯🇵 largest power company, TEPCO, has started mining Bitcoin using excess renewable energy through its subsidiary, Agile Energy X. They use leftover energy from solar and wind farms that would otherwise go to waste. By doing this, they’re turning unused green energy into Bitcoin, helping reduce energy waste. This project could encourage more investments in clean energy, as it gives renewable energy producers a new way to make money. Similar projects are happening in other countries, like El Salvador 🇸🇻, where geothermal energy is used for Bitcoin mining. This shows that Bitcoin mining can be eco-friendly by using energy that would otherwise be wasted.
Read more here: https://bitcoinmagazine.com/business/japans-largest-power-company-tepco-is-mining-bitcoin-using-renewables
#Bitcoin #Economy #Energy #News #Japan #ElSalvador
U.S. national debt increased another $170 Billion since 21 August 24. At this pace that’s about $10.63 Billion increase per day. Your time, money, and energy are being stolen from you daily by people who can print currency with no repercussions. Oh yeah and they get richer.
#Bitcoin #Nostr #Economics
All currencies lose their store of value due to inflation and taxes, which come from central banks printing currency. Bitcoin protects your store of value because no bank, government, or company can create more of it. Keep sinking in the fiat water or grab the Bitcoin life raft.
#Bitcoin #Nostr #Freedom
Would be cool to see a feature in the future where customers can automatically send bitcoin to a cold wallet either right away or an option when x amount of SATS are reached 💪🏾 keep leading the way
I don’t know who needs to hear this but…
You can buy international flights (1 way) for less than $100-$150.
International travel isn’t expensive, you just need to know where to look and how to book.
Learn to save on travel👇:
shorturl.at/CK2Pt
#travel #international #vacation #europe
Every currency is losing purchasing power by the second. It doesn’t matter which country you live in, we all are forced to use their Monopoly money in a game they don’t play. Some currencies lose value quicker than others, but they all head to worthless in purchasing terms.
#Bitcoin #Freedom #Nostr
If you’re looking for something short and good to read, check out this paper “Design of a Secure Timestamping Service with Minimal Trust Requirements” by Henri Massias, Jean-Jacques Quisquater, and Xavier Serret-Avila written in 1999 which is similar to blockchain technology we have today. Always cool to take a look in the past and see these minds at work.
#Bitcoin #Blockchain #Bookstr #Nostr #Paper #Articles #Read #Book
