It’s hilarious how people still cling to the idea that gold is money when zero people use it as a medium of exchange. You don’t see anyone walking into a coffee shop shaving off a gold flake to pay for their latte. Gold has been 100% demoted to a collectible & vault pet, with 0% real-world monetary function.

The real kicker? They call Bitcoin “too volatile” while gold just sits there doing nothing—literally buried and forgotten. At least Bitcoin moves. At least Bitcoin functions. Gold is like an old relic on life support, propped up by nostalgia and maxis who refuse to admit the game changed.

Income tax isn’t going anywhere. Tariffs are bad either way.

Is income tax going away?

Tariffs are bad.

Fiat money is an illusion.

BREAKING: Crypto com, one of the world’s largest cryptocurrency exchanges, has just announced it will delist Tether (USDT) on January 31, 2025.

Why do we do taxes. The IRS has my info from my social security number and KYC dawg

It’s 2025 and we’re still “filing” taxes??

Anyway

NWC is ok, I guess

⚡️🇺🇸 Trump-backed crypto project World Liberty Financial currently holds $392M in assets, including:

- 59,400 $ETH

- 646.7 $WBTC

- 19,400 $STETH

- 40.72M $TRX

- 256,310 $LINK

- 19,400 $AAVE

- 5.78M $ENA

They also have $47.49M in stablecoins ready for more buys.

GN

"I believe an open source currency has great potential. A bit like Google becoming the default search engine for many of us."

- Sepp 2009 Direct Response to Satoshi

Do you really want the default not open source?

Don't miss the airdrop for the Amazon run Ai.

Another day, another exchange I am suspended from.

All of my funds are conjoined or swapped between LN/XMR for privacy before sending to exchanges, triggering all sorts of nonsense AML flags.

The exchange I am with now is requesting proof of funds, meaning it wants to see fiat coming into my bank account from an entity I have a business relationship with, asking me to "kindly assist them" in surveilling me.

Except that all of my business relationships are handled in bitcoin – meaning that it is impossible for me to show proof of fiat funds.

Alternatively, the exchange says, I could send them “the address” to which I received payment in the last year, matching the amount of money I have exchanged on their platform.

Obviously no such address exists as I create a new address for each transaction (and so should you). Additionally, much of my money comes in through donations, for which I simply do not have an invoice.

I could now send them every single zap I ever received on nostr in the past year – for context, that would be over 250 zaps in the past week alone, s/o to all the zappers – or I could move my business to Switzerland, where I can exchange up to 1000 CHF per day KYC-free (for now), which is what I’m going to do.

However, since I’ll be more heavily relying on peer-to-peer exchanges from now on, I’ll likely have my bank account flagged for receiving weekly payments from randos on the internet, making it fairly foreseeable that I’ll be losing my bank account in the coming months as well.

Fundamental rights violations aside, the amount of complete nonsense work – and with that costs – this system creates both for the Government and private institutions is absolutely astonishing. If there ever was a true bullshit job, compliance officer would no doubt be it.

It’s time we end the global discrimination complex inherent to the financial system in which we are all guilty until proven innocent, only to upkeep an inefficient system that is useless in preventing crime but formidable for imposing mass surveillance on the people.

So no, I will not "kindly assist you" in surveilling me, and if I die on this hill.

Until then, shill me your favorite tools to pay my bills in bitcoin 👇

Il vero lusso è poter avere mattinate lente. Senza affrettarmi di andare al lavoro. Non devo affrettarmi a bere il caffè. Mi sveglio naturalmente dopo 8 ore di sonno, faccio una lunga doccia calda, bevo il caffè in pace mentre leggo le notizie sul mondo e bitcoin. E poi sono pronta per iniziare la mia giornata. Questo è ciò che mi farà sempre sentire ricca.

DeepSeek dropping two days after the Trump, Altman, Ellison and Masa presser was a direct shot across the bow of the US and its plans during this Trump presidency.

A lot of capital that has already been allocated is about to be evaporated, but with that incredible opportunities are on the horizon.

Individuals and companies need bitcoin now more than ever. A bitcoin treasury is going to be a superpower during this hyper-deflationary time in the tech space.

open source will win

GM, here is what's going to happen:

(1) Global merchant acceptance of stablecoins.

--> 2-3% immediately back to their bottom-line while preserving their need to denominate value in their preferred unit of account (for the time being).

(2) Smart merchants invest that 2-3% cost saving to establish a BTC treasury.

(3) Other chains fail to adequately scale payments to a global level. Extinction-level cope event as everyone realizes with horror that payment channels were right all along.

(4) All stablecoin payment activity migrates to the Lightning Network via Taproot Assets. No bridges, no sidechains, no fake "L2s", just native Bitcoin.

(5) A covenants upgrade goes live on Bitcoin mainnet. Channel factories and various other approaches like what we're building at Joltz scale self-custodial usage of the Lightning Network. Cope levels are now unbearable. Broader crypto community rage-quits hit all-time high.

(6) By now, those smart merchants are reaping the benefits of their decision and as a result are systematically destroying their less smart competitors in the marketplace.

(7) Survival of the fittest prevails; merchants become increasingly averse to accepting fiat units of account for payment, and this progresses until BTC is the only accepted payment method.

(8) Hyperbitcoinization. Humanity experiences unprecedented flourishing.

The end.

gm

Cut out caffeine. Remove it from your diet. Don’t question this decision until you’ve done it for at least a year. If you don’t understand now, at that point you will.