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BitcoinBrabant | BitcoinBloem

Zapping will become the after proof of work of delivery discount… people that share their amazing buy in our webshop will be zapped from one of our new lightning nodes setup with @alby. It was fun to do a setup once again… became very different in the last few years tbh…

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A game changer for bitcoin hodlers. The “deposit guarantee” of bitcoin is here while having control over your UTXO when the counterparty fails. Miniscript makes it easy for people to understand. Saw this for the first time nostr:npub1etgqcj9gc6yaxttuwu9eqgs3ynt2dzaudvwnrssrn2zdt2useaasfj8n6e conference. At nostr:npub1ft69mv46akgwumcxn873948ht0jvhh89c2z95pptfhqyf26g4wnqkatx3v the details were further presented.

It’s not up to €100k like the money at the bank that is not yours…It’s not some real estate that will be taxed away or falls under some unreliable government.

You will hold control over your asset. Time locks do not exist in the physical world that can’t be breached. It’s the first time we can not only ensure, but also insure generational wealth.

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Amazing to see an article like this on nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg ,this is the future of long form content. Amazing read, amazing story. Love the game and love how much time and testing went into it. Proof of Work For the Win

We’ve contracted a special switch where this German brand battery and direct dc solar transformer can be used as a backup. The additional switch that’s built I quite an extensive installation but we get this emergency power feature… looking forward to it!

One of the brightest bitcoiners I know decided to leave the Netherlands. I’m in intense pain to have seen the brightest and hard working people that create a bright future leave. The few that are still here have plans to leave that are very concrete. We have a sovereign setup in the Netherlands and will push freedom for bitcoiners as far as we can go. But if the Netherlands decides to go too far you have to take responsibility for your families and vote with your feet. We’re closing in on the final battle, the discussions are starting to heat up. If it goes the wrong way we’ll let you know timely.

Yesterday we had the first major outage of electricity at my sisters place (local outage, couple hundred households were affected). Coincidentally we already ordered 30KWh emergency backup batteries for our locations, not yet installed. We expect a lot more outages in the future. With 30KWh we can run quite a while, but when will we have them full? We are planning to deplete them with mining… a minimum level for emergencies is required I would expect… if we look at our consumption we can push it under 2kwh per day easily and we have sufficient solar even for winter to generate a couple kWh per day. So a depletion below 5kwh is maybe not wise… curious what Nostr thinks about this…

That friction always has been here. The ROI has to be high.

Decrease cost of living every year while growing a growing family. How do you reduce your cost of living maximally?

We keep on building and delivering proof of work.

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Volgend jaar gaat de belasting op gas verder omhoog. We zullen dan een groter deel elektrisch verwarmen.

We zouden gemakkelijk alles kunnen verwarmen zelfs als het -10 graden buiten is. De vloerverwarming zit echter nog op gas. Wellicht dat we dat volgend jaar aanpakken. Momenteel is die business case niet rond te rekenen.

You have lower time preference with regards to bitcoin. We are trying to build a sovereign setup with mining integrated. Requires the investment…

It’s 5 degrees Celsius outside and I’m heating our living room with bitcoin. It’s hashing to our nostr:npub1qvwdl9rp7a5ghrxv57wnml5ehg2whjh708vys6kaxpkgu0z3aclsuy2h4p DATUM nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze pool. We’re reducing natural gas consumption radically. We’ve just ordered a new 30KWh battery pack to start smart steering with our 44 solar panels positioned on East (12 x 480) West (12 x 480) and south (20 x 320). We will monitor the upcoming year with fluctuations and looking forward reducing grid reliance as much as possible. We’ll even have an emergency switch for when the power on the grid is gone.

All our systems are backed with multiple internet connections. Both 5G and Glassfiber (1.2GBit/s). We have starlink as a backup. We recently had to change our glassfiber ISP as we got serious issues with our TOR connections. We now paid off the 2 year contract and switched to Freedom internet as ISP. Best choice ever, we haven’t had any problems since. We’re on our way to sovereignty.

Remote brick is going to be a thing

Why drama?

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Could someone help us out on this one 👇

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I’m flicking through nostrudel on a chrome browser with alby extension. Love the techy layout and optionality on everything. Not for noobs ;)

Then just give me a browser client already… you should meet people where they are, I’m not grabbing my linux instance if I need to just post and peek around for a sec. Tell me what we are building for… I would expect a browser based version to be covering all spaces. I’m using x via browser…

What is the best Nostr desktop client for macOS, also ok if it’s browser based. But I can’t find anything that works smoothly… Damus, Snort, Nostter all the applications don’t really work, break or have so many issues… Is anything proper available?

“Clogminer is extra bullish on hashing for heat and using excess renewable electricity for bitcoin”

And as you can see I really wear them a lot… everything is proof of work.

Every Sunday it’s time to learn more about money. But this time I just felt like rereading “anatomy of the state” by Murray Rothbard. I’ve mentioned it once as my favorite piece in the nostr:npub1h5m6n54tyq0w9c9grjz5upnnrf4dhyfqn5vlv84pszc7cz45sg3qs6dtur podcast. This podcast has way too little followers btw. https://youtu.be/Li-RlT9eQtA

GN fellow unscrewers of the bitcoin network.

GM nostr:npub17plqkxhsv66g8quxxc9p5t9mxazzn20m426exqnl8lxnh5a4cdns7jezx0 we were spotted at some conference opening the doors apparently. Come and make sure you get a limited edition bitcoin amsterdam heater bitaxe #/121. You can reserve yours online now. Oh and dad, thanks for the Proof of Work!

https://bitcoinbrabant.com/product/bitaxe-bitcoin-amsterdam-heater/

It’s understanding money Sunday once again. In the Dutch financial times a nice article was posted yesterday evening. A translation in English:

“Modesty is in order for central banks

20 Sep 20:00

Market participants were already hoping for it, and the Federal Reserve gave it to them on Wednesday. The American system of central banks lowered the interest rate by a large step of 50 basis points. According to Fed chairman Jerome Powell, the American economy is solid, the labor market looks good and the substantial interest rate cut 'is intended to keep it that way'.

It turned out to be a difficult message to explain. After all, isn't a smaller interest rate cut of 25 basis points more appropriate if the economy is doing well, the labor market is not doing much yet and inflation is a bit too high? Do policymakers have more concerns than they say? Or is the large interest rate step an acknowledgement that the interest rate should have been lowered in July?

In any case, the credibility that the next steps will be cautious and smaller has been partly undermined, now that the Fed immediately took the big step that market participants and commentators were calling for. Try to get the genie back in the bottle. Every time an economic figure disappoints, speculation about the next major interest rate cut will flare up.

The Fed is thus cornering itself in a corner where it – or other central banks – should not be. Sentiment on the financial markets is back to business as usual after the corona pandemic and the inflation shock of 2021-2023. If the economy deteriorates somewhat, the central bank must quickly lower interest rates and, if necessary, inflate the balance sheet to support the economy (i.e. the markets).

Where investors want to quickly return to the old situation, central banks should be more modest. So far, they have washed their hands of their own role in the inflation shock. According to central bankers, it was due to disruptions on the supply side (corona, Ukraine). Furthermore, the extent to which the inflation wave has been exacerbated by fifteen years of extremely loose monetary policy is mainly dismissed.

That question is indeed relevant. The effects of the inflated policy are still seeping through the economy. The run-up in asset prices and inflation has contributed to poverty and growing wealth inequality. And liquidity is still sloshing around – albeit slightly less so. It is telling that the sharp rate hikes of 2022 and 2023 did not cause a recession, despite the energy crisis. That is both nice and strange. The effects of old policies and structural economic changes make it unpredictable how inflation and the economy will develop if interest rates fall sharply.

In such an uncertain environment, restraint is appropriate. Of course, interest rates can be lowered if the situation requires it and if it is done cautiously. That message is often preached, but the Fed’s 50 basis point cut and the ECB’s routine rate steps really send a different message.