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BZH pleb full BTC node operator and miner

Is that how a native English speaking person would write it ?

Maybe. But he was in his thirties then. Not brash.

As a non native English speaker I strongly feel that Satoshi was not English native as well . And he wasn’t a young person either.

Fascinating ! Thank you

😂😂

Yeah they just turn it off

Nostr is still small and confidential

Takes time to build right

This is the way

Verifying my Nostr Nests identity: dqekydTIZqvRTRDhSh-STK9QMIM3VKbwb_nrwixNFL8

https://nostrnests.com

They call it marketplace on the internet

It s just called discovery on Nostr

It s the energy and spirit you bring to the table !

Bitcoin is highest possible trust created by man

And it’s based on absolute distrust through constant verification

We can build on that

nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a nostr:npub1au23c73cpaq2whtazjf6cdrmvam6nkd4lg928nwmgl78374kn29sq9t53j

So I have to confess that I did not anticipate the “fight you” phase playing out as it is. Let me unfold my thoughts on this:

I had expected coercive measures from the get go. Such as “must declare on taxes”, “illegal”, “KYC only exchanges” and so on

But what I think is unfolding is much smarter and darker. It’s a “buy out” strategy. Not even using government fiat money but using everyday regular Joe’s money. The ETF being the proxy tool. It’s based on the “everybody has a number” theory. Here’s how it goes:

Step0 - Very Weak Hands: let me give you 50K to 70K per Bitcoin. They sell. BTC goes into Coinbase and other such custodian

Step1 - Weak Hands: let me give you 100K per Bitcoin. They sell. BTC goes into Coinbase and other such custodian

Step2 - Medium Hands: let me give you 150K to 250K per Bitcoin. They sell. BTC goes into Coinbase and other such custodian

== at this stage I expect that 45 to 60% of all BTCs are either in custodian or in US corporate companies such as MSTR

Step3 – Strong Hands: let me give you 500K to 1000K per Bitcoin. They sell. BTC goes into Coinbase and other such custodian

Step4 – Very Strong Hands: let me give you “your number” per Bitcoin, even 10M if that’s what it take. They sell. BTC goes into Coinbase and other such custodian

== at this stage I expect that 75 to 85% of all BTCs are either in custodian or in US corporate companies such as MSTR

And along the way there will be:

- orchestrated rug pulls to create FOMO on the fiat splurge. It will be hard to resist for a long time… if you see BTC at 1M and then down at 200K and then back at 1M when do you not sell ? only the strongest Lions

- mandatory KYC/OFAC transactions. Meaning once enough coins are in US custodians they are either frozen to death or not moving unless its KYC

- at some point they might try to ban transactions outright

- they might decide to kill BTC via rug pull of the price or to keep it as a geostrategic advantage

So what could be left?

- Maybe some coins moving around between citadels and federations, but we’ll need to add zeroes to break down satoshis further in order to have enough flowing

- Maybe a fork with an OFAC one and a Rebel one

- You can’t kill an idea so maybe there’ll be a Bitcoin2 initiative

Truly I hope I’m wrong but this “buy out” possibility is terrifying

Me: happy new year Dad

Dad: happy new year, by the way I really to look into this bitcoin things , please send the educational material

Happy 2024 🎊

Replying to Avatar Cyborg

Alright, let's break it down into different perspectives!

For an 11-year-old:

Session messenger is like a secret club where you have special keys to talk to your friends. You have a public key that everyone knows (kind of like your username) and a private key that only you know (just like your password). If someone tries to take away your private key in other apps, it's game over. But with Session, if the government gets hold of your private key, you can just change your username using a cool blockchain trick! So they won't be able to stop you from speaking and delivering messages to all your followers.

For a tech-savvy crypto journalist:

Session has this unique DNS thing based on the blockchain. It works similarly to Nostr but with its own public/private identity keys. Instead of going through the poster's chosen relay out in the open like Nostr does, Session takes one-on-one messages and puts them on the receiver's assigned relays using some distributed hashing magic in the darkweb. This makes it extremely challenging for censorship and surveillance since delivery is hidden and distributed.

Unlike Nostr on the clearweb, Session routes messages through an onion mixnet (think Tor). So it's kind of like combining elements from Nostr, Telegram, and Tor altogether! And unlike Tor Onions where encryption keys are stored in server memory (which can give away their location), Session has two sets of keys—one for actual messages and another for cold storage crypto wallet ownership that allows re-assigning usernames on the blockchain.

For a crypto anarchist:

Those government thugs want to censor speech because they're scared when people freely transact with things like Monero or "No KYC" Bitcoin. And they can't ban those transactions if we can speak freely! Tor onions are vulnerable because their private keys are stored where content gets delivered physically. If these violent government thugs seize those servers—game over. But Session divorces physical locations from your push notification speech by delivering content through distributed decentralized nodes and giving you a second cold storage wallet key to re-assign usernames if discovered. By separating locations from identities, we rob corrupt tyrants of their power.

Unlike Nostr on the clearweb where we can see who hosts the content (Cloudflare and Hetzner being responsible for most relays), Session goes beyond protecting senders and relays—it also safeguards receivers, which is critical for protecting your audience's freedom.

For a business entrepreneur:

In a corrupt society, uncensored free speech holds immense value. As we move toward totalitarianism, Session offers self-custody of your audience just like Bitcoin or Monero lets you control your funds. Government-controlled domain names don't hold much value if you can't express anything controversial on them. But Session usernames become more valuable to relevant stakeholders when they're easy to spell. You can even speculate on Session usernames now for pennies and sell them later at a huge profit once humanity realizes the true potential of self-custody

You mention “the blockchain” and token and huge profits. Alarm bells ringing.

I understand the purpose but how is this an open protocol? How is sufficiently simple and not overly complex?

🎄👌🙏🏻

I hate NGU

But man after 2 years of trying to orange pill and explain “the revolution “ with no success, all it takes is 1 min of NGU and everyone is like “how do I buy some ?”

I’m guessing another 4 years before they’re staying for the revolution

We re so early

Replying to Avatar RealJohnDoe

https://youtu.be/N03EumFv4kY?si=SJmFi0ZhQIIm2w_D

$boost

I support what #Knots and #Ocean are doing. If you're a #Bitcoin #loyalist you should run Knots and point your Miners at Ocean.

I'm not concerned about fees that are the results of a natural organic process of supply and demand. Unfortunately current bitcoin #fees are the result of market #manipulation and #fraud that has to end. Or at least be aggressively opposed.

I don't mind the expense and burden of blockchain bloat that's the result of legitimate Bitcoin #financial transactions. But not bloat that's the result of market manipulation and fraud.

I would also like to see a third leg of Bitcoin #code maintenance and development aggressively focused on Bitcoins virtue and purity. I think nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk is doing a good job. But he can't carry that torch alone. And shouldn't have to.

So that's my 2¢

Knots also has the property of being a Bitcoin app without the ” images” , therefore it can be run by a business without the fear of being attacked for kiddie images and other stuff

« They fight you » phase has begun

At the moment they are going with institutional and regulatory capture

It’s by far the best time to build on bitcoin

You have : all the narratives , a product ecosystem, institutions changing their tone, a strong community and still so early that everything needs to be done , wide open spaces

Owning paper bitcoin is like owning a piece of a house on a paper.

You don’t get any of its beneficial properties: can’t shelter or live in it, can’t raise your family in it , nor can you garden or improve it

Twitter is down but Bitcoin keeps ticking