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Hypnagog
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The hypnagogic state is a peculiar sensory experience that marks the onset of sleep. You will almost certainly recognize it, even if you've never paid attention or thought much about it before · This intriguing mildly hallucinogenic state can be used to have wake induced lucid dreams.

Bitcoin sci fi? Cool.

Could you explain what the hype about this book is all about ? Its flooding nostr but without x.com I have no idea why

Of course milei was going to win

He said he would dollarize the country, of course he was going to win. The us needs a destination for all the dollars its printing

Dollars will flood in, buy resources and land there, dampening inflation everywhere else by a little bit.

Us wins, Argentina loses ability to control its own currency.

Replying to Avatar ODELL

Where are all these nfts coming from??? What sites??

The only ordinal site I know of is projectspartacus.org and no one seems to give a shit (SHAME ! SHAME BITCOINERS! SHAME ON YOU).

You should ne VERY worried about the CARF framework currently being put in place by the OECD member countries.

This would make EVERY crypto transaction reportable. You name, id , residence, address will be shared to the government if you do ONE SINGLE transaction on an exchange

https://www.oecd.org/tax/exchange-of-tax-information/crypto-asset-reporting-framework-and-amendments-to-the-common-reporting-standard.htm

There is a joint statement stating all the jurisdictions who commit to implementing this.........

https://www.gov.uk/government/publications/international-joint-statement-on-the-crypto-asset-reporting-framework

I can think of a few reasons.

First, if we define "shitcoin" as only a cryptocurrency that was created to enrich its founders at the expense of the users, then yes, Monero is not a shitcoin. However, that's not the only criteria I use. If it also has a central individual or group in charge, then it's a shitcoin. And only Bitcoin fails to meet that requirement.

Second, a money is only as good as its assurances. Since the chain is opaque, I can't verify the current supply (though the total supply is infinite, just like fiat), so I have no assurance that Monero's monetary properties are what they claim to be. I'm required to trust that the developers haven't secretly created a lot of it for themselves that they'll dump on the market later. Bitcoin is all about "Don't trust, verify", but Monero is all about "Don't verify, trust".

Third, Monero is built to be 𝘪𝘯𝘵𝘦𝘳𝘯𝘢𝘭𝘭𝘺 private, but it can't affect anything outside its system. Very few people use Monero, so it has a very small anonymity set, which makes it really quite easy to circumvent its privacy, compared to Bitcoin. Chain analysis on Bitcoin is a pseudoscience anyway, but when you add millions of users, CoinJoins, Lightning, and physical bitcoin (OpenDimes, SatsCards, etc) to the mix, surveillance on Bitcoin in any kind of meaningful scale is simply impossible.

And fourth, time has shown that Monero is anything but a store of value. The market has chosen Bitcoin, likely for the reasons I described, and the reasons that nostr:npub1ztyqtftdkt6q36gux3xptn4ldv7sdpqka3rvhvlmna50e9t7kx4qk5kfjr shared from asking nostr:npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42 about this.

The thing about money is that it's a zero-sum game; in the end, there can only be one winner. If we embrace more than 1 coin for our global freedom money, then we will dilute the strength we otherwise could have had, and the fiat globalists will win via a "divide and conquer" strategy that they didn't even have to put in place!

I will end with these words from "Inventing Bitcoin", by Yan Pritzker: "By holding anything but the most liquid money, you are actively punishing yourself while waiting for everyone else to do the same."

Thanks for the amazing writeup!

Why is the bitcoin community not embracing sister chains like monero? Monero isn't a shitcoin - it has definite privacy advantages over btc and pairs with btc quite well.... Curious on thoughts

Replying to Avatar Lyn Alden

Progressives vs Conservativs is the ultimate tension.

Politically speaking, if we set aside the extremists on each side, the middle ground debate between well-informed people is often a battle between the following:

Progressives want to move society forward, but often in too centralized and artificial manner. At their best, they want to help the disenfranchised among us and focus on what they see as the bigger picture. At their worst, they get into eugenics and central control and underestimate the efficiency of market forces.

Conservatives often want to hold society where it is, even when resisting new change that could be good. At their best, they support responsibility and virtue and hard work, while at their worst, they harm new ideas or minorities that deviate from their local culture, and hold back good new ideas.

And how we interpret these forces changes over time. Sometimes science is at the forefront, and sometimes politics/culture is. Copernicus and Galileo were scientific progressives, and were punished for it despite being right. But then Marx and Woodrow Wilson were political progressives, and had success despite later being wrong in many ways. And then ironically, Theodore Roosevelt and Woodrow Wilson were both considered progressive US presidents, but in many ways they couldn't be more different. Conservatives today have more respect for the former than the latter.

Both fundamental forces, progress and conservatism, are necessary. We need to move forward, but with awareness of our past. Cautiously progressive, and virtuously conservative. Humble in our presumed ability to control the world, but empathetic in our outreach to groups that don't necessarily fit within the existing culture. Something akin to Libertarianism fits the bill, but with more widespread support. When Libertarianism fails to catch on in any of 200 or so countries, its lack of success needs to be examined. Why isn't Libertarianism popular?

Some of this I argue is due to technology. The existing tech of fast transactions but slow settlements gives power to central banks and governments. Technology dictates politics.

For example, prior to the invention of the printing press, it wasn't possible to have a democratic republic over a large landmass. That required fast information transfer and widespread literacy. Ancient people were not "ignorant" to have their prior social structures; they outright lacked the technology to even attempt our current norms. And today, can we imagine if new technology makes our existing norms irrelevant? What if capital flows as freely as information flows? Does that change politics? I think so.

In the modern era, central planners have a technological edge. It's easy for them to consolidate the banks and central banks, since everything is reliant on credit-based transfers. The invention of bitcoin and fast non-credit transfer starts to mess with that, but it takes time with liquidity and network effects.

I expect the next few decades to change substantially. But as they do, I consider progressivism vs conservatism to be a useful framework to keep in mind. Openness to change vs preservation of what works well now. In all technological environments, era after era, this is ultimately the key social debate. As monetary technology stalled in recent decades, politics took center stage. As monetary technology advances over the next couple of decades, I expect that technology to start impacting and framing conversations more and more, as it starts setting the clear path.

Wouldn't the ultimate tension be between the rulers and the governed? Everything else is moot to me.

Wouldn't you rather they do what they can to bridge the legacy system and bitcoin? Bring in new bitcoiners? Someone has to onboard them.

Honestly all the dicks here piling on swan is ridiculous. We are one cause, and internal divisions just weaken us.

Yes government will try to restrict on/offramps to/from fiat. We know this. Stop bitching and being toxic and let's all be one family.

Their banking relationship likely told them it was a condition they had to abide by.

You guys are missing the point: you want a usd to btc exchange, swan does that. In order to do that they need to comply with tyrannical edicts of the us government.

This isn't something they want to do , they even tell you how to avoid it in BOLD ... E.g. the words "directly to/from". Use mixer, send to intermediate address, then send to swan.

They even put it in bold.

The data includes entities incorporated in those jurisdictions. So its not all government owned debt.