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Al₿erto Troya
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Bitcoin Pleb Warrior. Fighting for freedom

Remember AI is a tool for the rich to access cheap skilled labour. So if I was rich and want something that works and don’t have to be 100% spot on with amazing code, I would just ask AI to do it and save

Replying to Avatar Al₿erto Troya

An episode covering mining from Titcoin 👏

https://fountain.fm/episode/yGiBGFyF14wElTCaanKx

nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u

Ty nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u pleasure listening to your sweet voice every other day 😁

An episode covering mining from Titcoin 👏

https://fountain.fm/episode/yGiBGFyF14wElTCaanKx

nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u

I'm announcing BitVotr, a new voting protocol to fight election fraud, releasing today to the public domain.

The whitepaper of the protocol is available on GitHub and has a website, BitVotr.com.

Pull requests welcome. Questions and comments welcome in GitHub issues section, and will go towards a FAQ document later.

The protocol introduces new concepts and borrows from old...

- Proof of Tax linked to public keys (new).

- Vote merging for anonymity (borrowed from coin mixing).

- Peer to peer network to submit, sign, and merge votes (every voter is a peer).

- Tamper proofing of count via pgp signatures.

- Peers use RAFT protocol for consensus and data protection (borrowed).

- Byzantine Fault Tolerance thresholds for minimum verification, and defends against network attack.

- Data dissemination of the tally and signatures to Nostr and BitTorrent (no blockchain or token required).

- Vote count by the public (like nodes in Bitcoin verifying blocks).

- Election clock using Bitcoin timechain (without writing to it).

BitVote doesn't force a tyrannical government to be honest and benign, instead, it makes election fraud evident.

Voting doesn't overthrow tyranny, only revolution or total collapse does. Step 1 is to overcome the gaslighting and make fraud undeniable.

Of course dishonest governments will reject this. The system must begin small, prove itself, and be unavoidable to larger and larger democracies.

This is not an endorsement of voting as an ethical way to organise society, but if we are going to vote, it should be verifiable by the people it affects.

Well done Parman. I do really hope this gets implemented in El Salvador as a first nation to demonstrate the full support and good for the country that El Presidente has done

Replying to Avatar Cyph3rp9nk

Would be great to see it sorted in age cohorts as well and how that changed over time per country 🤯

Decentralization is the future. We ended up with a system of gatekeepers and looters which is only getting worse by the day.

#Bitcoin

#Nostr

While they continue getting adoption in the background, next step is decentralizing the internet 🔥

Imagine all these protocols speaking to each other, wow, future is bright

Replying to Avatar Cyph3rp9nk

Bitcoin follows liquidity cycles, Bitcoin follows power law, or perhaps liquidity follows a power law?

The three indicators I follow are:

The dollar liquidity of the system given by the formula:

$= WALCL - (WDTGAL + RRPONTSYD)

Where:

WALCL = The total assets of the Federal Reserve System.

WDTGAL = The General Account of the U.S. Treasury deposited at the Fed.

RRPONTSYD = Reverse repurchase agreements on Treasury securities sold by the Federal Reserve in reverse open market transactions.

WALCL if it grows gives liquidity to the dollar system because the Fed buys debt (among other things) and pours dollars into the system.

WDTGAL if it grows it detracts from the liquidity of the system because it is the money in the U.S. Treasury's general account that is immobilized at the Fed.

RRPONTSYD if it grows it takes liquidity out of the system as these are operations in which the Fed temporarily sells Treasury securities with an agreement to buy them back later by temporarily taking money out of circulation in exchange for Treasury securities.

The second indicator is the global money supply m2 given by the world's main central banks.

And the third indicator is MOVE, this index measures implied volatility in the US bond options market, similar to how the VIX index measures volatility in the stock market. When the MOVE index is high, it indicates that investors expect higher volatility in interest rates. This can lead to decreased liquidity in the bond market, as investors may become more cautious and less willing to buy or sell bonds in an uncertain environment. On the other hand, a low MOVE index suggests expectations of interest rate stability, which can increase liquidity by encouraging more buying and selling activity.

The perfect storm is for liquidity in the dollar system to soar, money supply m2 to increase and MOVE volatility to decrease.

As we can see m2 is rising, move volatility is falling and when rates fall it will fall even further, we just need the catalyst of dollar liquidity.

On the other hand, the power law indicator indicates that we are close to the beginning of the next bullish cycle.

Since I do not have enough mathematical knowledge, I would like to know if it is really the liquidity of the international monetary system that follows a power law and not bitcoin.

Although in both cases the result is the same, bitcoin is a proxy for global liquidity, bitcoin was created to penalize the issuance of money.

DXY cycles are a good indicator for me, and DXY velocity is very telling. Monopoly game. Bear markets coincide with strenghening of the dollar relative to major currencies, whereas bull markets coincide with weakening of the dollar. Now, even though there might be a vol spike in MOVE coming and a vol spike for bitcoin, US dollar is likely to be weakened afterwards with a cycle of interest rate cuts. If the thing goes the other way around which i don’t think is possible to suck more air out of the room in terms of liquidity and strenghening the dollar, then the cycle is over. Let us see! 👀 indeed a historic time to be alive with the sovereign debt bubble popping in front of our faces.