Apple Cash updated Terms & Conditions.
On the bright side, I suppose it’s nice that they at least recognize cryptocurrency a “cash-like good,” even though they prohibit you purchasing any. 
In my life, I’ve made many mistakes that have kept me up at night. Fortunately, they haven’t been consequential mistakes that I made in public. Nevertheless, I ruminate about them sometimes.
So, it makes me wonder whether people like the author of the piece below (Brendan Reirick) and the professor he quotes (Dr. Bob Johnson), will look back on their mistakes and cringe… and how hard.
To me, it’s *astonishingly embarrassing* to see an article like this in 2024. These people so clueless about bitcoin, it actually gives me a headache.
nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx can you share your thoughts about this tweet from mononautical?:
A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.
As demonstrated by this consolidation of mining reward outputs from AntPool, F2Pool, Binance Pool, Braiins, btccom, SECPOOL and Poolin:
https://mempool.space/tx/b1dc9e09a97d0ac8ed57179c276dff19d484c1f74b96cd9af547107af4f18086
Same.
Saylor isn’t running an ETF, and doesn’t compete with ETFs. Has said so multiple times.
How would he “crush” a one? And which ETF manager would have felt personally or professionally threatened by such a weird threat?
Something just doesn’t make sense here.
Read nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu's Hidden Repression (a short book) which demonstrates that the current system does not work for anyone — especially those who rely on the support of the IMF and World Bank.
I would like to say that I share in your ultimate goal: a civilization that works for everyone. However, I’ve become less sure that it’s possible to achieve. Today, people have VERY difference perspectives on what civilization should look like. This isn’t just an American red vs. blue issue. A global example is Sharia law vs. Western law, which offer very different perspectives on what a ‘good civilization’ means.
You’ll get no resistance from me on holding a diversified portfolio that includes US equities. Row your own boat. It’s up to each investor to determine their own risk tolerances and outlooks. Maxis who demand 100% allocation to Bitcoin for themselves and others are zealots, not investors, and mostly do not yet have enough life experience with regards to liquidity preferences on various time horizons, financial engineering, capital management, or reserve assets, in general. Do what works for you.
Okay, so are new to the space. There’s no need to hide it or say “EVERYONE is new”. Not only is that an inaccurate projection, it trivializes the lessons you could learn from others who have been around for a while.
First, let me say “Welcome to Bitcoin, fellow Progressive!”
A few things to know about bitcoin. Any suggestion for a governance model that increases centralization is going to be fiercely rejected by anyone with a passing understanding for the white paper, to say nothing about the numerous examples bad actors whose failures (both before and after Bitcoin’s creation) were a direct result of centralization. Is the only alternative to that a “free market anarchy,” as you say? Certainly, there are libertarians among us who don’t want to cooperate with society or provide social services. But that’s different than insisting a distributed, decentralized, and open protocol network remain that way; else it is not Bitcoin. I encourage you to learn a bit more about the core tenets and values of the protocol and am happy to recommend a reading list.
1) You seem to be saying that you want the USG (or all governments) to start a mining operation in order to replace tax receipts.
2) You seem to think that profits from mining are/will be enough to replace current/future government expenditures.
How familiar are you with reviewing corporate P&L’s? Not even the most profitable miners are capable of replacing taxes.
Lastly, “if governments were the ones to establish and maintain our monetary infrastructure” is not a pro-bitcoin argument with which I’m familiar.
Are you new to this space?
Microsoft Outlook shares your data with 801 third parties to:
— Store and/or access information on the user’s device
— Develop and improve products
— Personalize ads and content
— Measure ads and content
— Derive audience insights
— Obtain precise geolocation data
— Identify users through device scanning
Although Microsoft explains that it is possible to switch back to the previous apps at any time, the data will already be stored by the company. This allows Microsoft to read your email.
https://proton.me/blog/outlook-is-microsofts-new-data-collection-service
The most confusing thing for bitcoiners who’ve been around for a while and enjoy listening to books, is disconnecting nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's voice from the actual authors.
I swear, my ears know he’s not the author, but damn if my brain doesn’t think HE’S the guy telling me at least 50% of what I know about bitcoin. nostr:note1am9zler9rhkwh2446gssgdt3dskfx8s0remm7tmpvfnfn2euqgyqxhcdm7
Not sure what you mean here. Where in the mining process is there a tax? You mean the self employment income taxes that LLC’s and Sole Props have to pay upon mining new blocks?
Ahem… do we _want_ Bitcoin to be taxed like that?? Just for holding the asset??
Sit down.
Close your eyes.
Take a breathe.
Listen.
What is the next thing you hear?
Notice how your ears accept it and your brain registers it without you *doing* anything. It’s just happening. Just a nervous system, processing.
Your thoughts are the same way.
What is the next thing you think? Notice how the mind creates a thought and then reacts to it. Did *you* create your next thought? It’s just happening. Just a process.
You are not the cause.
You are the witness.
#meditate #meditation #nostr
Evergreen nostr:note1v78v0d62xtaaxghfgrmh870yc2kazwn7nw29yg0fcuphenaa3yqqgj3dth
Million
Billion
Trillion
These are easier to understand when thinking about increments of time.
1 million seconds = 2 weeks
1 billion seconds = 32 years
1 trillion seconds = 32,000 years
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m Please stop calling bitcoin “digital property.”
I know it’s a compelling metaphor, but many forms of property are taxed, annually.
Rather, Bitcoin is a digital COMMODITY.
Very true.
The first step is to recognize it when it’s happening.
Various #meditation practices can assist by enhancing your awareness of what’s happening inside your mind, making it easier to see when unhelpful thoughts arise.