Nostr Web Client

Replying to

MattA

I had a suspicion that Jesus loved #Bitcoin

then I discovered this painting in Proverbs 08:21

Buffet's Rat Poison |SQUARED| 2y ago

Jesus loves truth.

Math is truth.

Bitcoin is math.

Jesus loves Bitcoin.

Replying to

Alan ₿

If the #Bitcoin ETF gets approved, nice. If it doesn’t, nice.

Buffet's Rat Poison |SQUARED| 2y ago

Maybe

Replying to

Alan ₿

Spending it is another matter, as money is meant to be spent.

However, even in this case, it makes no sense to be net spending BTC during the adoption phase.

Better to save in Bitcoin and focus on your craft to increase your sat flow.

Buffet's Rat Poison |SQUARED| 2y ago

Greshams Law

then

Their's Law

I don't make the rules.

Replying to

Cyph3rp9nk

You still don't believe me? here I show you that the global liquidity cycles coincide with the halving cycle, including the next one if nothing unusual happens, in which the maximum liquidity will be in 2025 and with it the maximum of the cycle.

I hope my information helps you.

Buffet's Rat Poison |SQUARED| 2y ago

Was the $20k ATH in December 2017 a phase shift?

Those almost look like 5yr cycles. The halving is roughly 4 year cycles, yeah?

210,000/6/24/356?

Buffet's Rat Poison |SQUARED| 2y ago

Cryptography Mailing List

Bitcoin P2P e-cash paper

2008-11-13 22:56:55 UTC

James A. Donald wrote:

> It is not sufficient that everyone knows X. We also

> need everyone to know that everyone knows X, and that

> everyone knows that everyone knows that everyone knows X

> - which, as in the Byzantine Generals problem, is the

> classic hard problem of distributed data processing.

"The proof-of-work chain is how all the synchronisation, distributed database and global view problems you've asked about are solved."

-Satoshi

Replying to

corndalorian

You don’t have a #Nostr account. You have a key that signs events, and you publish those events, and then anyone who wants to read those events can do so by retrieving them from anywhere they exist. There’s no one to turn it off, there’s no account to suspend or restrict. There is simply information flowing to and from you and everyone else who uses it. This puts the power of speech back in our hands.

Buffet's Rat Poison |SQUARED| 2y ago

Let Freedom Reign!

nostr:note1xfq28cuzllgkud3jjtynh7f72qzhluvgn9ntyfnj7z5y6n8893lsqs3wj3

Replying to

Jeff Booth

This is what real investigative journalism looks like.

Ian Burrell, who was a big #Bitcoin sceptic, came to Africa with us with an open and curious mind. Through the trip and meeting people where they were, found a narrative outside of what he thought.

FYI - Ian is one of the top investigative journalists of our time (and a pretty great human being)

Reinforces how hard it is to stop an idea based on truth, hope and abundance, because “eventually” good people will discover it for themselves.

https://unherd.com/2024/01/the-african-village-mining-bitcoin

Buffet's Rat Poison |SQUARED| 2y ago

"As former development minister Rory Stewart said in a lecture at Yale, Britain gave £4.5billion over half a century to this southern African country corroded by corruption and bad governance, yet it ended up “if anything, poorer than it was when we started”.

Foreign Aid allows corrupt governments to cinch the economic noose tight, because the standard of living of corrupt governments are funded via pilfering the foreign aid.

Absent foreign aid, corrupt governments would need to sustain their standard of living via taxation of the local economy, and would thus loosen the economic noose to allow the economy to grow, and thereby be capable of greater tax harvest. meh...no one said human farming was easy.

While foreign aid 'feels nice' for westerners, it has a counterproductive effect of keeping an economically oppressed people oppressed.

What they need is economic liberty and sound property rights that allows for the accumulation and efficient allocation of capital.

Buffet's Rat Poison |SQUARED| 2y ago

Just Laws requires they be implemented via Just Powers.

Just Powers are derived from consent of the governed.

Show me the consent mechanism. Absent that, there appears to be no Just Powers.

"All political power is derived from the barrel of a gun" - Mao

Welcome to the TaxFarm.

Replying to

Michael Matulef

"Our government is filled with a bunch of disgusting excuses of human beings who are completely controlled by corporate and banking interests who are dead set on cattle herding us into a neo-techno-feudal world. This should be expected. However, it should not be accepted. These people don't have a single leg to stand on. They are the criminals they project the everyday Common Man to be and they are beginning to push people over the edge. They better be careful because more and more people are beginning to realize the con that they're playing and are holding up mirrors to expose the overt hypocrisy."

nostr:nevent1qqs9u2xpk8zw27cuqtsmhcddn82ndc5wpd74nl7966xjdcuvk6snq0gpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszyprj73q098hejm5j5xrt35eqluvqep2eqwyzukw4phsm302kdycpuqcyqqqqqqgnpnyyt

Buffet's Rat Poison |SQUARED| 2y ago

Welcome to the Tax Farm.

Just Powers are derived from the consent of the governed.

How's that consent mechanism working out for ya?

Replying to

Marty Bent

To threaten people with a felony charge for not playing the role of tax collector on behalf of the IRS is one of the most despicable and insulting things that has come out of the US government in recent years.

https://tftc.io/irs-bitcoin-transaction-reporting/

Buffet's Rat Poison |SQUARED| 2y ago

Marty, you're an employer, yes?

Have you not already been deputized as an IRS collection agent via mandatory employee tax withholdings?

I'd agree, these new laws are an inane overreach. But so are employee withholdings.

They effectively prohibit anyone from hiring an individual unless they accept the role of tax collector on behalf of the IRS.

Replying to

The Daniel 🖖

“We’ve all seen the logarithmic bitcoin chart. You have to remember that the vast majority of people in the world have not seen that chart.”

— nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

Buffet's Rat Poison |SQUARED| 2y ago

Now put US national debt chart in log scale...and you'll see that its an exponential increase as well.

Same with that image of USDollar purchasing power. If you don't put that in LogScale the last 50yrs look fairly benign.

Replying to

Michael Matulef

My philosophy is based on the principle of self-ownership. You own your life. To deny this is to imply that another person has a higher claim on your life than you do. No other person, or group of persons, owns your life nor do you own the lives of others.

https://video.nostr.build/87003c81bd1276fa2b3ce7d4819b8a3fa92811ca3af7a505e6dc26d48fd206ef.mp4#m=video%2Fmp4&dim=720x720&blurhash=UN9QqOkEN%25a%23OLofs%3Aa%24XBjYsQWUV%40WAWUj%3F&x=d257a65d8c7a29ed13fe6ee084a83d4c4e0df12460a0b21c42e617df7e93569b

Buffet's Rat Poison |SQUARED| 2y ago

From this, one can derive that personal consent is what matters, in all things.

Just Powers are derived from consent of the governed.

Yet, there is no personal consent mechanism.

Thus, there are no Just Powers (absent a personal consent)

'But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such as government as we have had, or it has been powerless to prevent it. In either case, it is unfit to exist"

(because it portends to be a legal binding contract which no one alive has consented to, because it lacks a personal consent mechanism)

Replying to

Michael Matulef

My philosophy is based on the principle of self-ownership. You own your life. To deny this is to imply that another person has a higher claim on your life than you do. No other person, or group of persons, owns your life nor do you own the lives of others.

https://video.nostr.build/87003c81bd1276fa2b3ce7d4819b8a3fa92811ca3af7a505e6dc26d48fd206ef.mp4#m=video%2Fmp4&dim=720x720&blurhash=UN9QqOkEN%25a%23OLofs%3Aa%24XBjYsQWUV%40WAWUj%3F&x=d257a65d8c7a29ed13fe6ee084a83d4c4e0df12460a0b21c42e617df7e93569b

Buffet's Rat Poison |SQUARED| 2y ago

Keep going past Walter and you'll end up with me at Lysander Spooner.

Replying to

Marty Bent

https://video.nostr.build/92a3a182dca25fd6318bc1713e11e83a3c6beea3d10cbfc663c66e0930587ad6.mp4

Buffet's Rat Poison |SQUARED| 2y ago

nostr:npub18p63njhaxftx3m8luk2h0umj8p3cmfx09kv9hqhext7gr5ea585qsc0k8k Some answers would be great. Put the issue to bed.

Non-answers and obfuscation seems like something Craig Wright would do.

Sign the message bro...delivery the proof or it didn't happen.

Replying to

Cory 🦢 Swan

I hear Matt @odell claims people think his VC firm, Ten31, is closely tied to Swan and that some people may be influenced to use Swan or invest in Swan because of Ten31's involvement. Let me state very clearly that Ten31 has no influence on Swan, and no information rights. Ten31's biggest investment by far is in Strike, they sit on the Unchained board, and Matt and Marty's podcast is sponsored by River.

Matt was a very early advisor to Swan, specifically focused on privacy, and we very much appreciate his contributions. He owns some advisor shares in Swan, but has never been asked to invest.

Jonathan and Grant from Ten31 each cut angel checks into Swan very early on, and rolled them into their first fund. They also cut a small check into our A round from Ten31, which was a party round (lots of small checks) in Fall 2021. I don't think we ever received an investor referral from Ten31, nor do I remember ever hearing someone mention Ten31 when getting in touch about a Swan investment.

In summary, as @Odell himself said, Ten31 invested a tiny amount in Swan, long ago, and has no information rights. All large investors in Swan do extensive diligence, and they are not concerned with the names of seed funds from early rounds.

Regarding Swan's small hedge fund that we created for a couple of our institutional investors, which seems to have triggered the latest outburst from Mr. Odell:

We needed a head of trading for institutional clients to execute trades with VWAP / TWAP etc and tight spreads from multiple OTC desks. He happened to have a great track record of asset management, and a strong desire to continue managing money. A couple of our investors wanted a lower-vol Bitcoin strategy (sit in cash during drawdowns, ok with losing a little upside by missing part of some pumps), and decided to seed him in a Swan-managed fund. The fund is already at capacity and we are not marketing it.

My advice to retail investors remains the same as it's always been: DON'T TRADE UNLESS YOU WERE ALREADY A PROFESSIONAL TRADER. 99% get rekt, and it's even worse in "crypto" because that game is rigged even worse than tradfi. Much better to stay humble and stack sats, ideally with a Bitcoin-only company like Swan (we don't even have a sell button! and we have still have FREE automatic withdrawals).

Buffet's Rat Poison |SQUARED| 2y ago

"Don't trade, unless you have an order book to front-run. That game is rigged even worse than tradfi."

Buffet's Rat Poison |SQUARED| 2y ago

Its over bois. Wrap it up.