Subnostr

modulo

b819d50fad4201f5f6479f9800c8a1b35b8f7d3ac6e1cc5f71686b61d1502641

₿ a threat through good works Bitcoin Purists OnlyZaps Activate!

https://modulo.network

I am facing an interesting crossroads in a business I am developing

Apparently it is standard practice within the Internet Service Provider community to keep records of all IP addresses and the IP to which they request information in case law enforcement requests the historical info, records going back for years in some cases

I will be reading more about it over the coming weeks but has anyone gone through the spectrum of what is legally required vs. ISP industry practices

Something doesn’t smell right

#bitcoin #nostr

One of the big macro questions is when will the US banking system run into the liquidity floor, requiring the Fed to end quantitative tightening? Due to current regulations and the "ample reserve" regime, banks generally have liquidity requirements relative to their overall size, and their overall size keeps growing nominally.

-Big banks ran into the liquidity floor in September 2019 at $1.5 trillion with the repo spike, and the Fed had to end quantitative tightening and resume mild quantitative easing (which was then overshadowed by the giga-liquidity-bazooka in 2020/2021).

-Smaller banks ran into the liquidity floor in March 2023 at $3.0 trillion (the new floor) with the regional bank crisis. Both the Fed and the Treasury provided liquidity in response, although the Fed has maintained quantitative tightening. Liquidity has been maintained above that level without being greatly elevated, which is probably what would have happened post-2019 if not for the pandemic/lockdown stuff thereafter.

The New York Fed thinks the liquidity floor will be reached sometime in 2025, and that they'll go back to gradual balance sheet expansion then. Andy Constan, formerly of Bridgewater, thinks it'll be late 2025. I debate him a bit on this since both of us cover this closely, and I generally think it'll be mid 2025, although there are enough moving variables that neither early 2025 or late 2025 would surprise me, so conservatively I say "by the end of 2025."

I was talking to a large institutional investor today, and he said that his contact who is a major repo operator at an investment bank, thinks the current floor is now $3.3 trillion, which is roughly where it is currently. That basically means any further quantitative tightening has to be offset by reverse repo drainage, or they'll have a repo issue and the Fed will need to end QT. My estimate is somewhere in the $3.1-$3.2 trillion range for the liquidity floor, meaning I think there's a bit more room than that repo operator. But either way it's pretty tight.

This is all kind of rambling but generally when that liquidity floor is reached and is responded to, it tends to be good for a lot of liquidity-driven assets, including bitcoin. And it'll probably be with a whimper more than a bang, kind of like the September 2019 repo crisis that nobody other than macro nerds remember.

Andy…now there is a name from the past

Replying to 0dca275a...

Do You Agree ?

ON BITCOIN:

“We call it the Great Rebranding. It was genius. We could have paid millions to a PR firm to rebrand El Salvador. Instead, we just adopted Bitcoin.”

#elsalvador #bukele #bitcoin

Do not judge them based on what they say, judge them based on what they do

#bitcoin

Some businesses don’t overtly accept #bitcoin, but there will be signs

https://www.btcgrocery.com

Interesting. Tell me more. How are they being powered?

They were running with a 240V delta high leg until decommissioned and thrown in the back of the truck to go to recycling

#bitcoin

Do you think we’ll see a car mining #bitcoin within our lifetime? EV’s can already harvest and regenerate energy so it’s not inconceivable to fathom.

First they say bitcoin is a waste of energy.

Once they realize the truth, they will say it’s a waste of energy not to utilize the power of Bitcoin

⚡️⚡️

F250₿

Works like a charm 💸. Just changed my LN adress from #alby to #strike so thanks for helping me test.

You received both?

Works like a charm 💸. Just changed my LN adress from #alby to #strike so thanks for helping me test.

Back at ya!

I would like to test a note-zap. Whoever responds first to this post I will zap 21 sats, and if you confirm receipt of the zap I’ll zap you a second time

Brandon Tompkins

I bought the dip again #bitcoin

I've done my ancestors proud.

And descendants too

Will your tyrants allow this?

Do they still randomly force arrivals to unlock their phone under penalty of prison, or it just for Australians?

https://www.theguardian.com/world/2022/jan/18/returning-travellers-made-to-hand-over-phones-and-passcodes-to-australian-border-forc

So #France can arrest you for illegal knowledge and forbidden use of math and statistics

Not using standard privacy models is interdite; what does that say about the standard models

In case you want to learn more and use a few yourself, #Telegram uses:

1. MTProto: This is Telegram's custom-designed encryption protocol used for client-server communication. It's based on 256-bit symmetric AES encryption, 2048-bit RSA encryption, and Diffie–Hellman key exchange

2. End-to-End Encryption (E2EE): For Secret Chats, Telegram uses end-to-end encryption based on a variant of the MTProto protocol. This means only the communicating users can read the messages

3. Transport Layer Security (TLS): Telegram uses TLS for the initial connection between the client and server

4. Perfect Forward Secrecy (PFS): This is used in Secret Chats to ensure that even if an encryption key is compromised, it can't be used to decrypt past messages

5. SHA-256: Used for message authentication codes

Just sharing…

Full interview I did today with the Lawyer for the Kings Ranch will be up soon but I promised my guest I'd send her the edited cut for her approval.

Could be up tonight but most likely tomorrow.

It's a bullshit suit plagued by chicanery at all levels of the state government. Here is one of the write-ups but the discussion I had today damn near made me puke.

https://www.tsln.com/news/clean-water-washington-state-ranchers-sue-after-state-fines-them-and-ends-leases-alleging-disturbance-to-wetlands/

I hope King Ranch keeps their money in #unconfiscatable #bitcoin elsewise it is going to be a hard lesson

BTCrevolutionary

Is #nostr more important than #Bitcoin?

Both #nostr and #bitcoin liberate us to freely interact with the world and we have not seen or imagined the full extent of how together they will change humankind

1,560 #bitcoin for 1 #USD?!?

#satoshisarebitcoin

When did it become acceptable to normies for governments to read everything you write privately?

Who gave them the right?!

What’s the twisted logic to explain that some rando who knows where can spy on your private exchanges?

So weird.

The question is, what makes them think they have the authority and right to do so?

Just learned that #nostr private and public key generation method is identical to #bitcoin’s🤯

One could use the same private key to keep one’s wealth and one’s speech secure (but I would not recommend it—Make two private keys)

What it means is take good care of your private key and keep it safe

A decentralised and anonymous future looks bright

I understand now but it took a week of private lessons of 4 hours each lesson for me to understand bitcoin. I didn’t care when I signed up. I just thought that how I signed up for nostr was slick.

It is interesting, isn’t it! I want to learn more about the nsec key to make the physical private key interoperable between #bitcoin and #nostr

That said keeping them separate is probably the best course because one is wealth and the other is your voice. So maybe two physical private keys😅

Anyway, keep up with the Carl posts

Probably one of the top ten important memes throughout history

#bitcoin #nostr #freesamourai❤️

#freeduval

Each time some coder is arrested for free speech “violations”, for “conspiracy”, a little part of me that has a hope things will work out peacefully, dies

Governments resort to censorship and jailing dissenting voices, calling words violence, and are illegitimate

Illegitimate governments deserve neither authority nor support

#nostr #bitcoin #freesamourai

Load More