GEMA is a complete scam.

What’s up?

I honestly can't think of a price at which I'd buy US Dollars.

Because most people still repeat what they were taught over the years on Twitter. All coins are shitcoins and all traders are scammers and all models (charts and indicators) are broken. None of the above is actually true.

The funny thing is that we are still in the Power Law purchase zone.

Right now this zone ends at 100k.

Everybody is on the Bitcoin journey, some are further along than others 😂

If Trump and Vance want to prove they're friends of the Corn they need to roll out the red carpet for Wallet of Satoshi, Samurai, and other easy-to-use, KYC free lightning wallets and mixing services to operate in the States.

But I wouldn't hold my breath on that.

The robustness of a cryptographic protocol is based on knowing what the algorithm does, making it public and being tested, like a peer review but in real life.

The more times a cryptographic protocol has been tried to be attacked and failed, the more valid it is to be used in production.

Right now there are accusations that the NSA and NIST are hiding the development of new post-quantum cryptographic protocols.

"Daniel Bernstein at the University of Illinois Chicago says that the US National Institute of Standards and Technology (NIST) is deliberately obscuring the level of involvement the US National Security Agency (NSA) has in developing new encryption standards for “post-quantum cryptography” (PQC). He also believes that NIST has made errors – either accidental or deliberate – in calculations describing the security of the new standards. NIST denies the claims."

“NIST isn’t following procedures designed to stop NSA from weakening PQC,” says Bernstein. “People choosing cryptographic standards should be transparently and verifiably following clear public rules so that we don’t need to worry about their motivations. NIST promised transparency and then claimed it had shown all its work, but that claim simply isn’t true.”

The key here is that NIST will approve them for use in industry, industry will accept them because oh my god, the quantum age has arrived, and they will discard secure algorithms for insecure and poorly tested algorithms, a perfect strategy.

Quantum computing is currently a fallacy just like fusion energy, it is just a public money grabber.

On the other hand, it was recently discovered in the snowden papers that Cavium, which was then one of the main manufacturers of cryptographic coprocessors for VPN devices, had a backdoor introduced by the NSA in its chips, these chips were used for years by most manufacturers such as CISCO.

And some still recommend hardware wallets with secure elements that are closed source 😂.

Robust cryptography can only and only be opensource, you understand? from the beginning to the end.

#Bitcoin is bigger than any President.

Gm ☕️☀️

After evaluating #Nostr for a week, here are the top 4 things I want to see focused on in order to take this promising alpha to a beta state.

#1 - Spam/porn prevention; clients and potentially relays should come with good defaults that filters out spam and porn. Users should have to go hunt for private relays that offer porn instead of being blasted with it in day to day relays. Paid relays, especially pay-per-event relays could play a big role here.

#2 - Data retention/self hosting; metadata is "backed up" via relays and cached to some extent in clients; users need a way to guarantee their own content is backed up. I see self-hosting on Start9/Umbrel/etc as an easy way to get this practice started.

#3 - Relay affinity/horizontal scaling; when a follow posts to relays you don't subscribe to, then their content is effectively nonexistent. To prevent the popularisation of massive centralized relays, clients need a standardized way to automatically peek into the relays of their follows. This will allow #Nostr to stay maximally decentralized.

#4 - Cold storage; pasting private keys into apps is great for this alpha stage, but we need an easy way to generate keys offline and then lease out access to our clients for a given time period (1 day/1 week/1 month). Luckily the #[0] folks are having a look at this.

cc #[1] #[2]