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Everything is true. But in imho stablecoins like USDT are a great Trojan horse to Bitcoin. I would only touch it in Bitcoin rails like liquid or lightning (taproot assists)

Willie 4mo ago

Only USDt in bitcoin rails if you need liquidity

nostr:nevent1qqsq4zyqfv3l0ueaq9wjzxmfyzv6ndnm8qnd6mq4prcgyvv67jgystgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgzelzka

Replying to

Micael

The truth is that Latin America understands inflation, you don’t have to explain to them why their currency sucks.

They also understand capital controls because they always come after inflation. Higher costs, tools to avoid capital controls, etc. You are treated like a criminal just to use your money.

But they think that USDT is the solution. And you can see this by the rates of adoption and volumes going parabolic.

Specially in Argentina, Brazil, Colombia and Bolivia.

The problem is that this is not an ultimate solution, stablecoins are not stable, the US dollar is collapsing, this has been the worst year of the dollar since the 1970s.

Stable coins neither are a solution to capital controls, you still depend on a third party to let you transact with their permission.

As the collaboration between governments and stable coins issuers advances capital controls become a bigger threat.

So, we (-BITCOINERS-) need to be louder in our information and education campaigns. We need

to educate not on what money is and why BITCOIN is money. But why Bitcoin is THE BEST AND ONLY TOOL to protect the fruits of your labour from all the parasitic banks, governments and corporations.

BITCOIN OR SLAVERY.

Willie 4mo ago 💬 1

Everything is true. But in imho stablecoins like USDT are a great Trojan horse to Bitcoin. I would only touch it in Bitcoin rails like liquid or lightning (taproot assists)

Willie 4mo ago 💬 1

Take 90 mins of your time to watch this conversation between nostr:nprofile1qqs9a486n5w72dsn72tyentdrj08ppqk2yyq707qdmlm347lkl6jmpgpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpp4mhxue69uhkummn9ekx7mqhy09mq nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu nostr:nprofile1qqs94rjcrut2qyhzf54xgq2j44tzqkxtqe0pmu5wjp7ph75zc9gv3wspr4mhxue69uhkummnw3ezuur9w3exku3wdejhgtmhd9kxcmmhqyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aq3xe6y8 at the nostr:nprofile1qqspnzgrfett3asxcuj0gksje6z2zxzpvgd27uvz58m9vsuqh8zzw6cpzfmhxue69uhhqatjwpkx2urpvuhx2ucpzamhxue69uhhyetvv9uhxtnyd9nkwmm09e3k7mghd604f podcast. Do not get deceived by the title! It is worth every minute.

https://www.youtube.com/watch?v=uOiE40EKZtQ&t=1113s

Willie 4mo ago

A must read for understanding the path forward of sablecoins and the real reason why they are a trojan horse for hyperbitconization. While eCash seems to be the final station for stables, I think TA will still be useful with securities tokens and no fungibles.

nostr:naddr1qqxnzde5xs6rjv3kxcer2vp3qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqzyzpxa8uftwq6ksdy2g3x3vjfu6xs9j5pvzx77432fy7wud0lchr4jqcyqqq823cvxfpm0

Willie 5mo ago

nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu congrats! TestFlight looks wonderful

Replying to

Bitcoin Magazine

JUST IN: Coinbase CEO Brian Armstrong says "Bitcoin is probably the best form of money ever created." 🚀

Willie 5mo ago

No doubt

Replying to

Club Orange

We engineered the world for comfort. No lines, no friction, no small talk, no interaction.

Everything you need, delivered in a click. But this comes at a cost.

It costs us the opportunities that didn't happen because we weren't in the room.

It costs us insights we never heard because we muted the conversation.

It costs us the ideas, friendships, and laughs we simply missed out on.

They sold us on isolation, and we bought it. The bill might not be in dollars — but it may well be the most expensive thing we ever pay for.

Willie 9mo ago

Excellent

Willie 9mo ago 💬 1

A must watch pod by nostr:nprofile1qqsvfr3f7p95stxqrjslnmuvsmhcxxxqt8swjdfjx5tz7zq0yms5cygpzemhxw309a6k6cnjv4kzumr0vdskcw358q6rsqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qtw0njk and nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu on the bushido of bitcoin

https://www.youtube.com/watch?v=43VP_BduqD4

Do you a favor and watch it! Thanks me later.

Willie 9mo ago

Imagine there’s no countries

It isn't hard to do

Nothing to kill or die for

And no religion, too

Imagine all the people

Living life in peace

You, may say I'm a dreamer

But I'm not the only one

I hope someday you'll join us