The point of the quoted post was to ask why many OGs who emphasized the importance of self-custody, privacy and non-KYC are suddenly MSTR stock bulls and how they can square the two positions.

I own MSTR, but I am not trying to justify it to anyone or to knock it per se, only to point out the contradiction I’m seeing and to wonder whether people have considered what in the medium term I think is a plausible vector of attack — the 6102ing of the coins.

My thesis as to what the OGs who are now also MSTR enthusiasts are doing is this:

They want to see this new paradigm succeed, and, low time preference though they may have, they’d like to see it sooner rather than later and certainly in their lifetimes.

To that end, encouraging people to self-custody and punish exchanges that tried to fractionally reserve it was the best way to make NGU and drive adoption. If everyone left it at FTX or Coinbase, demand could be met via paper bitcoin.

So the whole self-sovereignty, self-custody push was real, but it was also a means to the NGU and adoption end.

But now there’s a new avenue to hyperbitcoinization, and the biggest driver of it is a maniac with a nearly $30B public company, and investing him with capital might be an even more powerful lever than each person self-custodying to make NGU individually which was always a big ask. So now they’re suddenly comfortable with counterparty risk because it’s a more direct route to punishing late adopting institutions and worth the acceleration toward the goal.

So they’re going back on basically everything they said because everything they said was true, but they mostly said it to accomplish a goal, and now they realize that same goal might be more easily accomplished another way.

But this makes me a bit nervous, as does the centralization of so many coins in one place and person as a single point of failure. And of course, I don’t want to get rugged on the stock, either.

nostr:note1qyvgjk82x8f9d0gd0fctffgkpxkgensmyyj0kgddeu0ka55637jqgmy4cr

Working on an article about #Nostr now and I am hoping it helps the newcomers feel a little more confident with navigating the learning curve.

Are there any specific tips or suggestions you would include to new users besides the usual “keep your keys safe” and “set up your lightning wallet for zaps”?

I am still a baby Nostrich myself honestly. 😅🤙

#meme #memestr #nostrmemes #memes 834,806 🤙💜

Governments & banks understand that if they relinquish their control over money, their power will diminish and would not last very long. People would quickly realize they have other options and pay for competitive goods and services, instead of supporting failing monopolies. #BTC  #Bitcoin  #nostr

I love seeing people smile at their phones in public...

I recently started working at a cryotherapy spot while in school.

The concept of cryotherapy is to trigger your body into its natural fight response through exposure to -250F temperatures. If you stay exposed to the cold for 90 seconds, your body responds by producing *supercharged* oxygen, collagen, and anti-inflammatory proteins to prepare us to prevail over the perceived threat.

Basically, our bodies must be put under stress to show us what we’re really made of.

Can this correlation be drawn to money? How much stress do we need to be put under to emerge with the production of clean, powerful money… just as our body does with our blood.

Idk this could be a reach but it’s how my brain works.

#meme #memestr #nostrmemes #memes 834,240 🤙💜

I don’t eat chicken or pork for the same reason I don’t eat soybean oil. All shitcoins, including your beloved bacon. Ruminant only. Have fun staying inflamed.

Dragon knows his stuff...

IT IS ABSOLUTELY RETARDED THAT AMERICANS CHANGE TIME MEASUREMENT TWICE A YEAR.

I really want to hear more about this

Is there some link to the project or still very much in development?

I look like a bum. Dishevelled. Self hacked hair in need of another. Oil stained sweatshirts and work pants.

I'm not sure exactly what it is I'm saving for. But it damn sure isn't to bolster my appearance with trivial materialistic improvements to my outward appearances.

Maybe I'm simply saving for the idea of freedom. And can't see a better way to participate in that than participating in the networks that most fundamentally support and empower it. Even if it is only with shoddy memes.

The idea that every tweet needs to be a wiki is a solution in search of a problem.

whatever we're gonna do let's not do this