#memes #agorism #freedom #anarchy #monero #bitcoin

Bitcoin doesn't compete with gold, fiat currencies or cRaPtOs on transaction speed or throughput.

It competes with all of them on security and decentralisation.

Then it pretty much destroys all of them on L2 (lightning network).

I have an old (year 2005) Toshiba satellite hanging around which I have been trying to setup for the cryptowolf.ca Bitcoin school in the cryptocave classroom.

I really don't want to dispose of it because its sentimental.

I think the thermal paste on the CPU/heatsink has deteriorated so it overheats during any prolonged process or installation.

I put it in the cold cellar (its currently 5 degrees Celcius there, -15 outside) just to get me through the installation of Arch/EndeavourOS/LinuxMint - (havent decided yet because im wondering if any of the proprietary drivers in the bloated distros might actually help the fan/CPU work more efficiently.)

Once the installation of the OS is complete, my theory is I will be able to run it normally inside the house as long as all installations are completed in the cold cellar first. It did not seem to have any issues with running system updates or installing most applications in normal room temperature, however once i tried to install VLC (over command line on arch) it took WAAAAY TOO LONG and overheated and shut off.

Will report back with the results of the cold cellar experiment and room temperature post installation running experiment shortly.

Goal is to have it running 24/7 with a Bitcoin wallet on-screen for the first graders to tinker with.

There's a dozen more here much newer and in great working condition with various OSs on them, however I would like to salvage this one if possible and make use of it for as long as possible.

ESPECIALLY BECAUSE ITS PRE- PSP era laptop!

(Platform Security Processor - equiv to Intel Management Engine)

Fingers crossed!

#linux

#archlinux

#linuxmint

#gnulinux

#toshiba

#IntelME

#PSP

A new era of money, authored by #Bitcoin.

People are celebrating over on Twatter about the "No CBDC" line item within the Executive Order today. I think it's a farce.

Fully believe they'll simply outsource it to stablecoin issuers and in exchange for being able to operate in US they'll have to agree to a surveillance sharing agreement. Then they also get US Treasury buyers out of the deal.

Two birds. All the data. One stone.

Would be glad to be wrong.

Sorry to say Bitcoiners got played… setting up a working group consider at digital asset stockpile is lame ass fuck. Trump promised a SBR and is already breaking that campaign promise. Used and abused.

Trump is going to have fun playing with his meme coins while laughing in our faces.

Bitcoin is a threat to the system, they will slow walk adoption as much as they can.

Bitcoin is following the 2017 cycle to a T. It's uncanny.

Let 'er rip 🚀

#Monero Forks

The Monero blockchain has experienced several forks that resulted in the creation of other cryptocurrencies.

Here are some notable forks:

1. MoneroV (XMV): This was a fork aimed at addressing issues such as scalability, inflation, and transaction fees. It sought to improve upon the original Monero protocol by introducing changes that would enhance its functionality.

2. Monero Classic (XMC): Following a significant hard fork in April 2018, Monero Classic emerged as a continuation of the pre-fork Monero blockchain. This fork was initiated by a group of Monero enthusiasts who believed that the changes made to the mining algorithm were detrimental to decentralization.

3. Monero 0 (XMZ): Another fork that arose from the same hard fork event, Monero 0 was created by users who were concerned about the direction of the Monero project. They advocated for a return to the original proof-of-work consensus mechanism, arguing that the continuous hard forks were destabilizing.

4. Monero Original (XMO): This fork also emerged from the April 2018 hard fork, with its developers emphasizing the importance of community choice and diversity within the Monero ecosystem.

5. MoneroC (CXMR): This project is less known, but it was mentioned as another fork that aimed to implement some changes to the Monero protocol while avoiding centralization issues.

6. Wownero (WOW): A humorous and experimental fork of Monero, Wownero integrates some Dogecoin-like elements and features a fixed supply cap, deviating significantly from Monero's vision.

Each fork typically focuses on unique priorities such as privacy, scalability, or mining methods.

However, Monero XMR remains the most widely adopted and recognized privacy-focused cryptocurrency among these.

It’s incredible what BlackRock is contributing to the development of a Peer-to-Peer Electronic Cash System. Just look at the number of lines of code they’ve added!

If #bitcoin stays decentralized and secure, it is imposing the first global free market the world has ever seen.

Productivity gains flow to broadly to society in free markets through deflation.

Everyone gets richer every year and competition to provide value increases driving a cycle of unprecedented prosperity.

But, if you are pricing #Bitcoin in USD, you are still in the system of extraction and centralization which must centralize faster through the extraction of the productivity gains that should flow to society in the form of lower prices.

The two systems are incompatible!!

And…It is a confusing topic because we have no reference for what a global free market looks like……so many people will get rug pulled (eventually) by not choosing self custody and running nodes. Instead trusting institutions and a paper derivative of their #bitcoin.

Why: because it will appear they are getting wealthy (in USD) Protecting the decentralization and security by running nodes and being constantly vigilant for new attack vectors will seem like a stretch! For most people pressing the easy button in an ETF or other centralized entity will seem like the right thing to do which ensures faster centralizing.

That centralized system of extraction MUST eventually attack Bitcoin or fail.

This may be a long time out. Ie - if I was on the other side of the fight - I would make my system as easy to integrate to bitcoin as possible and use the natural biases of humans against them. Ease of use, trust in institutions, time, etc so they didn’t “need” to worry about self custody and understanding how the protocol works.

Those on building on #Nostr, Bitcoin, Lightning, Ecash and spending their time contributing on this open protocol and teaching others are on the front edge of the greatest change the world has ever seen. From extraction to cooperation.

Stay vigilant, stay focused, run a node, and tune out the madness of the system of extraction trying to drag you back into its centralized structure.

For the opportunity to exist, It had to be this way!

We are so early.

BTC is 100% trackable and wallets have been earmarked by governments for seizure and complete blockage. It is NOT good enough for free market. Also transactions made very slow and of varying expense. Cannot scale like that. So what the hell are you talking about. It cannot support free financial transactions with safety and at scale.

The Yanks are ALWAYS loud. Full of self importance. There are the odd few who buck the trend, though. They're sound👌🏻.

How so? Are the Yanks being loud?

Looks like nostr is mostly American too.

The Unit Bias Fallacy: Why 1 Satoshi Is Just as Valuable as 1 Whole Bitcoin

One of the biggest misconceptions that keeps people away from #Bitcoin is the unit bias...

Many believe that to buy #Bitcoin, they need to purchase 1 whole #Bitcoin, which may seem unaffordable for most people today. This belief is rooted in a misunderstanding of how #Bitcoin works.

#Bitcoin is divisible up to eight decimal places, and the smallest unit is called a satoshi. 1 #Bitcoin equals 100 million satoshis.

This means that anyone can start by purchasing a fraction of #Bitcoin, like 0.0001 #BTC (10,000 satoshis), for a much smaller amount than the price of 1 whole #Bitcoin.

The mistake lies in comparing the value of 1 #Bitcoin to the price of 1 unit of traditional currency, such as the dollar or the real. This comparison ignores #Bitcoin’s divisibility and fungibility.

Imagine if someone said they couldn’t buy gold because they couldn’t afford a whole gold bar. Does that make sense? Of course not. Just as gold can be bought in grams, #Bitcoin can be purchased in fractions.

Another important point is understanding that the value of a satoshi is proportional to the value of #Bitcoin as a whole. If #Bitcoin reaches a price of $1 million, for example, 1 satoshi will be worth $0.01.

What ultimately matters is the relative appreciation of the asset, not the number of units you own.

Therefore, the unit bias is merely a psychological barrier.

Instead of focusing on the price of 1 whole #Bitcoin, think about the opportunity to accumulate satoshis, which are just as valuable as any fraction of #Bitcoin.

After all, every satoshi is part of the largest computational network in the world—scarce and decentralized—that is poised to transform the global financial system.

Buying #Bitcoin isn’t about how much you can buy today, but about understanding the value it represents in the long term. Don’t let the unit bias stop you from being part of this monetary revolution.