Cathie Wood, whose $ARKB ETF launches today, reveals 25% of her net worth is invested in #Bitcoin

Comment 🪵 if you wood

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damn

really that good?

will 2024 finally be the year i learn how Notion works

...maybe?

Happy New Year Nostr! 🍾

Remind me to ask the next girl if she snores on the first date

I am utterly unafraid of CBDCs.

The hysteria is mostly formed from superficial doom-circle-jerk analysis. Successful CBDCs will be a private federated ecash (or something very similar), the wisest built on the Bitcoin stack:

* Private banks will not sacrifice their power over money production via debt (as mints' status quo can continue).

* Privacy/fungibility and acquiring users overrides any Stalinist incentives.

* All we need is 1 sovereign currency producing country to use a fedi-like system built on Bitcoin, Gresham's law will do the rest.

* Building digitally native money is really fucking hard, do not underestimate the work we have done, and how governments will make use of it.

Zoom out. Post WW2 monetary order was a design choice, the next will be for apolitical money as world reserve currency, (let's not be humble) Bitcoin really is the best candidate.

Sovereign currency-producing countries, who actually do their homework, know all this. Having a native digital currency entirely interoperable with other countries' currency via its apolitical base (Bitcoin) IS the solution we are tip-toeing towards. Humanity moves toward greater liberation.

As time wears on, and liquidity pours in bitcoin, it will become stable enough to use naively. Whether people will use really depends on how poorly their CBDC treat them.

This is how hyperbitcoinisation happens.

People tagging me in giant posts are causing Yana to lag so hard it's unusable.

Solution: a NIP for assassinating people who tag me in giant posts.

Yes, it worked for me.

But you must prepare some paperwork and study some other aspects.

For example.

The Convention on the Rights and Duties of States is an international treaty signed in Montevideo, Uruguay, on December 26, 1933.

The convention establishes the definition of the State, its rights and obligations.

In Article 1 it establishes four characteristic criteria of a State that have become part of customary international law.

They have been recognized as confirmation in International Law, establishing that a State as a person of International Law must meet the following requirements:

ARTICLE 1

The State as a subject of International Law must meet the following requirements:

1 - Permanent population. (Me)

2 - Determined territory. (My body)

3 - Government. (Myself)

4 - Ability to enter into relations with other States. (happy to do it anytime)

Under these guidelines, any entity that meets these criteria can be considered a sovereign state under international law, whether or not it has been recognized by other states.

ARTICLE 3

The political existence of the state is independent of its recognition by other states.

Even before being recognized, the State has the right to defend its integrity and independence.

ARTICLE 7

The recognition of the State may be express or tacit. The latter results from any act that implies the intention to recognize the new State.