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Guy Swann
b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc
“The Guy who has read more about Bitcoin than anyone else you know.” Adjectives: Smart/Sexy Host of Bitcoin Audible 🎧

I’m not asking for rules or guidance, I’m asking for confirmation on what the govt isn’t allowed to violate, because they simply will if we don’t have something explicit to point to.

A bill or rights is not a set of rules for the people, it’s rules for the govt to fuck off essentially. They will still violate them, but establishing them clearly is a very strong part of protecting from drift in the social/political sphere.

Question, why is the focus on a #Bitcoin Reserve rather than just serious protection for bitcoin users and holders? I don’t really care whether the US govt holds BTC. I want to establish limits on what they can do to their citizens, clearly and explicitly defined.

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Replying to Avatar Nackoo2000

nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde Thanks for the final push to make this happen. nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev was evading me for a while but finally capitulated from your kind words about me.

You guys are legends and I am glad my thoughts in the articles have some value for you.

nostr:note177p4a0xansxexwsdlfzww7xnlf82ltnlzwszq3wmjtje2n29ac9qsxuxt8

Haha, appreciate your work dude.

What if the stock market was actually worth almost exactly what it was worth in 1970, but our money is just lying to us? nostr:note12wk973dxz3j6rz7dxnrs8vj2uank8t4lqwh8tgwk346urt6xhzxq93d589

Sounds like a DOS attack so they have so much to go through that they can’t find the evidence that’s actually relevant.

Analogy: prosecution uses a single telegram conversation between two anon accounts, they’ve found out one to be the defendant. But instead of telling them they give them 20 TB of telegram conversations that include millions of other random users.

Thats kinda what this sounds like. Doesn’t make much sense to me otherwise.

It’s not even value4value, it’s really just because we can use frictionless money in a social environment… but also #value4value works 😆

Tell me you didn’t watch it without telling me 😆

Probably get way better electronics and things thanks to it being more affordable. Would be really cool to have something that literally won’t corrode in super high resilience, systemic computer hardware. Could talk about computers being built to last for insane ages possibly.

What's really gonna fry everyone's noodle is when they discover that being a good money is it's own utility.

And is actually the single greatest utility for any economy, because the economic network is only sustained with a trustworthy money.

#Bitcoin has more utility than anything else you want to invest in, because those investments would be worthless without money to coordinate its production.

Ivan Makedonski of @BitcoinMagazine shows how Lightning Network could reshape construction, aligning incentives and sparking innovation.

Let’s explore this groundbreaking vision⚡

https://fountain.fm/episode/VDU3xSpbHFxqdTdsHI07

This was such a frustrating listen. Patterson’s dishonest debate tactics, such as shrieking about nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev “interrupting” when he was just trying to finish a sentence after Patterson’s own interruption, prevented nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev from making some obvious points.

For example, at one point, Patterson complained about how nostr:npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm killed 0-conf. This is incredibly ironic, since (1) the only “security” that 0-conf may have had was because of node policy, and Patterson dismisses nodes as irrelevant, and (2) Todd killed 0-conf practically by himself outside of Core, not as part of the “Bitcoin Core Developer Cabal” that is in the Bcashers heads.

That is a good segway to object to Patterson’s continual reference to “Bitcoin Core Developers” as some kind of monolith. There are plenty of contributors, such as Todd and nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk, who basically answer to no one and do whatever the hell they want, and there are maintainers, who, when they are doing their jobs right, merge code from contributors after they assess that the changes have achieved rough consensus, have received sufficient review and are technically sound.

Another missed opportunity came with the topic of “censorship”. By early 2017, though a chainsplit had not occured yet, the camps were completely polarized. This made conversation on any Bitcoin topic devolve quickly into a flame war between small blockers and big blockers. This forced the *moderators*, not censors, to start moderating, or their forums would become unusable. That the most popular forums were run by small blockers was simply a reflection of this being the majority opinion amongst OGs and plebes.

Trying to explain why BTC won the hash rate war, Patterson can only muster the weak hypothesis that most of the miners, being Chinese, are culturally submissive and therefore deferred to Bitcoin Core developers’ authority. How this applies to the tiny minority of 1 billion chinese who chose the risky business of bitcoin mining, no one knows. The obvious counter within that collectivist framework, is that the miners were deferring to the authority of the consortium behind the New York Agreement and the malicious Jihan and then they stopped once there was massive blowback and Jihan blinked.

By far the most infuriating part of this debate is how Patterson can get a way with complaining about small blocker dirty tricks while holding up Gavin, Hearn and Roger. These three individuals where most responsible for enabling Craig Wright’s relentless lawfare against developers. The hypocrisy of complaining about small block censorship while trying to drive commentators like nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx into bankruptcy is incredible.

This is not a knock on Guy. Patterson, while being completely wrong, is incredibly smart and a skilled debater and philosopher. I don’t even think he is being deliberately dishonest. He just has this massive blind spot that comes from betting it all on the wrong side and now being permanently broke.

https://fountain.fm/episode/EO2uyGWtb1xSwEBMzMhP

Yeah I never even had the time to get back to answer the RBF nonsense. He would spout off so many ridiculous points that getting to each of them was basically impossible.

GM

In fiat; they print, you work.

In #Bitcoin; everyone works, and we’re all better for it.

“It really is that simple”

nostr:note12wk973dxz3j6rz7dxnrs8vj2uank8t4lqwh8tgwk346urt6xhzxq93d589

A blast from the past!

circa 35 days ago

nostr:note15u2wjhl0z9qup6hva7jvkwfxhfzzsjv785m9nga6k0klck93kl3s2d7rnr

Gradually, then suddenly

nostr:note14hskd6727sz2hzwd2829q2jd4k6cwvqunmhpqg4vfj66tgz2ymsqvs4xds

Rewards were higher in the past, but the card issuers were getting wind of what was happening and tried to close the gap. I was doing a PayPal trick for a while with bills that was awesome.

That said I think people complain too much and always compare it to a credit card. This is a **debit** card so you can use it in tandem, and some ACH will now pay rewards too. The spins have stopped being a thing mostly except for promotional stuff.

Since the beginning and to this day though, the sats back on gift cards is the best part. The 0.5% (with boosts ever so often) on the normal card is just icing. I’ve never had it not more than pay for itself, if you use it as your main card you can seriously stack sats with it.

Thats just my experience though.

Btw, my Fold rewards were the savings that kicked off PearDrive, and were now at the final stages of bringing it to life, and I’m so jazzed!🔥

Gotta shout out that just using their debit and stacking on giftcards literally helped to realize what I hope to be a really awesome, P2P, open source project. 🤞🏻🫡

Stay tuned, closer by the hour at this point. nostr:note16lc6tf57tvztlry3ucthpyft5pwtq3rt5l30fm3m85tf6wglwhts9vn2g9

You are repeating rhetoric from the church, not practical virtues. All those amount to is “stop listening to your conscience and do what you are told by your ruler.” That, imo, is not at all how to live in alignment with God. It certainly wasn’t the example that Jesus provided.

Negative. Living in alignment with God is not about obedience. If your church taught you this, I would suggest getting a different church.

Meanwhile on twitter, capitulation is still a slow, stubborn, and painful process...

Replying to Avatar Trey Walsh

You’re probably not wrong

If this is the real Fran, this is awesome 🫡🥲

Pilot was on, but I thought the switch for the valve was electrical, found out it was a thermal switch just now. Had no idea, lol

Woke up this morning, power went out almost immediately.

Me wishing I’d had the gas fire on all night because now I can’t turn it on. Cold af right now 😆😅

GM!

I just casually checked and found I follow *exactly* 1000 people. It was not on purpose, lol

Replying to Avatar HODL

When I was 18, I was severely depressed. With good reason. I’d fucked up high school. Drugs and drinking had a hold on me. My grades were shit. My friends were addicts. My mother, a schizophrenic, was having a serious year-long episode. She was institutionalized. Wrapped her car around a telephone pole. Almost died. The cops were at our house a lot. My father was dead inside. Burnt out, and numb. Numb. There was severe emotional neglect and chaos throughout my childhood. I had no hope for the future. Completely lost, purposeless, and drifting. Purposeless. Drifting. I wasn’t fully suicidal. Like there weren’t any plans in place, but I thought about it a lot. A voice in the back of my mind told me there had to be a way out. I know now that it was god speaking to me.

I listened to that voice. I stopped doing drugs. I drank less. I began to hike every day in the mountains by myself. The sun, the air, the solitude. I loaded up an old iPod. I listened to the Beatles, a lot of classical music, and audiobooks. I didn’t hang out with my friends anymore. I just hiked every day by myself. I got a shitty fast-food job. I used to stay late to clean and just think about my life. I enjoyed the structure. Soon, they made me the assistant manager. I was the only one who was dependable, I guess. I went to community college. I actually applied myself for the first time ever. I got straight A’s. I hooked up with a lot of girls, that was helpful for my mood and self-esteem. I used my grades to get into a good college. I wanted to get across the country. To get away from it all. I went to Chicago.

College was fun. There were lots of girls, lots of parties. I was in film school and actually interested in what I was learning. Everything was amazing. My family is from rural Illinois. I used to visit my grandfather on the weekends sometimes. He was one of my favorite people. In the winter, he got sick. We found out he had leukemia. I got depressed again. I stopped going to college. I spent a lot of time out in the country. It felt more important to be with him as he died. I was there when he passed.

I came home for the summer. The great financial crisis was going on. My friend got one of those Obama new home buyer loans, so we spent the summer having parties and playing beer pong in his garage. One night, the girl I was going to marry walked in. I knew it right away. I didn’t feel like going back to Chicago. So I stayed and went to state school. I started dating the girl that would one day become my wife. I still was partying too much. Binge drinking. I couldn’t escape the feeling I was wasting my potential. Fucked around and did DMT one day. Blast off. Full-on cosmic panic attack. The overarching message: “Your time here on Earth is temporary. So get to work.”

Fuck, okay. So I got serious about my life… again, and I changed everything… again. I had been lazy and unmotivated. I began to focus intently on my craft. I attended every lecture. I made connections. I worked on everyone’s sets. I won the school film festival. I started a production company with a friend while still in school. It took off. We were making good money. We dropped out and did the business full time. I asked the girl to marry me. She said yes.

I found Bitcoin. I took all the profits from the business and put it into Bitcoin. I convinced my fiancé to put her salary into Bitcoin too. We were frugal to the point of being weirdos. We bought a little condo, and we got married. Bitcoin went up like crazy. We had a kid. Bitcoin went down like crazy. My father got sick. We took care of him when he died. I assumed responsibility for my mother. We had another kid. My wife’s parents got divorced, and my mother-in-law was left penniless. I assumed responsibility for her as well. My mother had another multi-year schizophrenic episode. Cops, hospitals, chaos. Then she got cancer. We had another kid. After a short battle with cancer, my mother died.

Then Bitcoin crashed 80% again. We had our fourth kid. For the first time in a long time, nothing happened. It was quiet. Bitcoin steadily rose. I spent time with the kids. There was no chaos. Just peace.

When Bitcoin hit 100k. I took a look around at my loving wife, our warm home decorated for Christmas, my four beautiful children, and I felt that it had all been worth it.

Whatever you’re going through…

Keep going.

You still do film stuff?

I’m getting so sick of this shit. I’m constantly being forced to sign up for stuff just to read FREE articles.

I’m so sick of legacy internet platforms and models, it’s pure shit these days. nostr:note1qqqyjqhc0dqv7mhqgu0m9k9avwftw3x7gedq7a6ar5qdjlxq08yq2lemqw

“Science is the belief in the ignorance of experts.”

— Richard Feynman nostr:note1f32ulg0sqjtr8npzcr8jvkvuevnjamcsjyy4wvrurhvdfu0379hq8gwrl6

Regulators, government, and the central bank. Controlling the bond market doesn’t work if there is a multi trillion dollar liquid exit valve. They cannot have a highly popular means of getting around it, or it doesn’t matter what they do, they won’t be able to control interest rates. And if they can’t, the ability to keep going into debt endlessly is over. The entire political class depends on that grift staying afloat.

ATTN: No matter who you use for buying bitcoin, always and forever set up auto withdraws. They will save your ass every single time.

In this case they are moving custodians so it’s not totally unexpected, but they are also having a battle with them over Fortress wanting to charge like $100 fees for every individual account. So this could literally be some sort of internal petty dispute going on and causing problems. nostr:note1cdyf2zxhr93wat25gg5mjwq09p4d0l22g2ehpsklkys769xcuhsqd5axdh

I think you wouldn’t want the position to be so out of the money that you get called out of it almost immediately. If they are hedging a position they would far more likely be buying a lot of time and price gap, because you specifically want to protect against large, unpredictable moves over the period of your other position.

If you are buying something that’s literally right around the entry price (ie. $95K calls at a $97K price) that’s unlikely to last even a couple of days in either direction… very likely that it’s just someone gambling, imo.