Is it a good travel destination?

And I think, when you run ollama and oterm locally, you can use the models and have privacy.

At least I tested and it still worked with wifi turned off.

Of course it's not impossible that it is storing my prompts and sending them somewhere later once I'm back online.

But it's open source so I guess someone would find out.

Thank you for making me aware of this book!

And banning Bitcoin mining is like not allowing you to run a program on your computer

Average human will probably have no objections.

Governments, however, politicians, authorities, yes, I think they will object to us being able to transact freely with the money we choose.

Why? Because they don't want us to evade taxes and finance terrorists or launder the money from criminal activities.

And transacting freely, without them being able to track everything, makes it possible. Of course it is also possible with cash.

I don't approve this approach. I'd like to be able to transact freely. I'm just answering your question with my hypothesis.

Once Bitcoin is worth $1 million, what do you think the worth of million dollars will be in today's dollars?

In other words, to what extent bitcoiners will be very wealthy vs just have stored and preserved the value?

This boils down to the question, I think, to what extent the high price of Bitcoin will be the result of inflation, resulting from money printing vs Bitcoin actual increase in value, perhaps thanks to the monetary premium.

Thank you

What book is it from?

Thank you for sharing this

I have not heard about Natalie Babbitt before

I have just researched her a bit

Very interesting

Death makes values possible

Gives life meaning

Wait, what?

I was away for a while

I'm in Europe

Is my self custodial wallet now illegal?!

Thank you

Yes

Climate catastrophe

Ayn Rand explained it well.

The root cause is the basic error in philosophy most people have.

They mistakenly think that altruism is a virtue and so communism is an ideal, if only they could make it work.

In other words, despite the track record of 100 million deaths, many people think communism is an ideal and if only human nature was different, or, if only we tried harder this time...

Text summary in English here

https://rwmalonemd.substack.com/p/the-president-of-argentinas-rallying

https://rwmalonemd.substack.com/p/the-president-of-argentinas-rallying

English summary here

https://rwmalonemd.substack.com/p/the-president-of-argentinas-rallying

Could be simply to myself, to the next receiving address from the same monero wallet?

I guess I could also, I tested it but I don't know if it makes sense to do at scale, use fixedfloat .com to send Bitcoin lightning and get Monero

Then, after a while, reverse: send Monero to get Bitcoin again, on lightning

Then send from lightning to on chain cold wallet

But this is slowly getting expensive, fixed float 0.5 percent each way

Lightning fees and monero fees are negligible

Bitcoin one on chain fee I would need to pay for anyway, in this scenario, to exit from lightning, in base scenario to move from hot to cold wallet

I'm probably overcomplicating it

this means 0.1 percent of their assets under management are in Bitcoin

like 1 billion out of 9,000 billion (9 trillion)

so, if this goes up to 1 percent, it is 10x

so they will need to buy 250,000 BTC

is that right?

wonder what that will do to a price...