As a store of value. Not as a currency. nostr:note1ys24tglwte988trrc62wk4l2agj2glvg88k29fmq9e2w5pfrmlgqag2vp3
I wrote to him and the VP of marketing the other day, haven't heard back yet 😡
It's the same reasoning and consequences as with "gun control".
Criminals who are the hypothetical target of this law will keep transacting regardless of it, with zero effect or alteration, exactly as with the already existing AML and KYC laws (or with disarmament laws).
And law abiding citizens will be forced to become either slaves with no rights, or newly minted "criminals" who, when caught (because they're not professional criminals), become "proof of the need" for such laws, in a self-fulfilling prophecy. nostr:note1e3j6m563ztn044rrcqqjj7ztw5yqf0ezym4vugfwyp9um675d2rqf0cvv9
Fiat is never going away, just the State is never rolling back AML and KYC. And the USD is not the Zimbabwean currency, it's not going away either.
However, it's important to understand that the "value for value" model of free access in exchange for tips will never scale to allow for economies of the size people caught up in the "content creator" fantasy demand.
That, or the same exchange liquidating someone specific, with no shame or pretense to hide, of course.
nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 watching your latest Trezor Safe 3 video, as informative and enjoyable to watch as all your tutorials. But I'm not clear if there is a BTC-only firmware available to everyone, or not. On their website they don't mention anything about it.
Side note: Also, I know Sparrow is supported (main reason why I'm looking into Trezor) and on their website they only mention their own wallet and Exodus...
How many of you find yourselves in the same position I am right now...?
Years evangelizing the savages to no avail, and OF COURSE ONLY NOW they all want me to help them buy BTC all of a sudden...
What to do? I keep stressing to them that they should only buy if they intend to hodl long term, 4 years or more from now. But I know for a fact that more than one doesn't have the mental strength to survive the swings and dips that we wilm undoubtedly go through.
Even if I personally think we're done with the cycle of "halvening - bull - 70 % crash - 2 year long bear and accumulation - halvening"... I cannot rule out that I'm mistaken.
The question is I've already been through it and I know for a fact I can endure it without much effort.
Not so much many of the people who are now asking me to get them into it...
Humans are territorial. It's a biological fact, there's no point beating ourselves up for it. Until we find an alien civilization in which to find "the other", we will keep finding it anong ourselves.
Yes, all the options I'm actually looking into are at least 32GB.
The fact that Coinkite expects me to sell out 200 bucks in advance to "reserve" without even giving an approximate shipping date anywhere on the website is quite unprofessional and shitty, to be honest.
What, am I supposed to fund your business? Do I look like a bank?
Not the sort of people I will ever deal with. nostr:note1nlvry2kf84qfasmz3nrg2hhnfrrhgknttt0z9mdlrgh8xjw943as0zt698
Looking at this on your electronic device automatically puts you on all sorts of three-letter agency lists.
Do people "interact" on X? I would say 99% of them just follow accounts that have content they want to see, and may like or repost it, and little to nothing else. Very low value added, all in all.
I was thinking about buying one of those mini PCs and stick Umbrel on it, but man, the prices are absurd right now (and we've got a "modest" 21% sales tax on computers on top of it)... I just can't bring myself to pulling the trigger.
Have there been any developments these first months of the year in terms of bitcoin nodes? Is it still Umbrel vs Star9 vs running it on a Pi?
Not interested in running a LN node or anything superfancy.
Oh yeah. Actually I just keep track of it for entertainment purposes, because I don't really trade -- I simply stack like a fucking psychopath -- and to be honest, thinking about all the leveraged degenerated getting liquidated left and right kinda makes me smile.
Holy fuck, again? What is this? Massive sell order walls/automated bots? 
I just saw that piece of shit Gensler, once again, trashing BTC live of TV as a "highly speculative asset", and "roller coaster" and so on. How is this shit legal in the US?
Not a rhetorical question, I would think that in a normal Rule of Law country, the chief bureaucrat of a para-regulatory and enforcing agency from the government would be absolutely not allowed to make such comments about the asset his agency is so adamant on regulating, and which they actually just approved several products for.
Can nobody sue this motherfucker?
And, unless it's cash in hand (and it's got to be really old, thoroughly mixed cash), it's hard to say it's non-KYC really.