Sad

I respect Adam Back's work, he is a great cryptographer and one of the original cypherpunks, but when he talks about the price of Bitcoin he only says bullshit that creates false expectations.

GM GM GM 🖖🏾⚡☕

GM GM GM 🖖🏾⚡☕

It'll cost ya! 😜🚒🇬🇧😎

Bout to watch this new Star Wars movie. Not sure how Anakin and Padme gonna keep their marriage a secret. Also hoping the Republic can finally defeat the Battledroids. Will update yall when it's over.

Good Moaning Nostrians

THE ELITE'S WORD TRAP: HOW TO FORCE THEM TO ADMIT BITCOIN IS MONEY UNDER THEIR OWN LAWS

The key is to corner them with their own definitions while exposing the deliberate misclassification. Here’s the legal, economic, and linguistic killshot:

THEIR OWN DEFINITIONS BACKFIRE

a) "Asset" vs. "Money" in U.S. Law:

IRS: Calls Bitcoin "property" (not currency) to tax every trade like a stock.

SEC: Claims it’s a "security" when convenient (to control it).

CFTC: Says it’s a "commodity" (but not a dollar competitor).

b) The Contradiction:

Money (by definition):

Medium of exchange

Unit of account

Store of value

Bitcoin does all three → By their own logic, it’s money.

Trap Question:

"If Bitcoin isn’t money, why do the DOJ/FBI seize it as money in criminal cases?"

2. HOW TO PROVE IT’S NOT AN ASSET

a) Assets Don’t Circulate as Payment:

Gold ETFs ≠ money (you can’t pay rent with GLD shares).

Bitcoin is spent daily (Lightning, El Salvador, etc.).

b) Assets Require Counterparties:

Stocks → depend on a company.

Bonds → depend on a debtor.

Bitcoin → depends on math.

c) Accounting Standards Admit It:

FASB (2023): Forced to let companies hold BTC at fair value (like cash).

Translation: Even accountants know it’s money-like.

3. THE ULTIMATE ACCOUNTABILITY PUSH

a) Public Shaming:

"Why does the IRS call Bitcoin ‘property’ but the DOJ calls it ‘money’ when seizing it?"

"If Bitcoin’s an ‘asset,’ why is it used as money in 100+ countries?"

b) Legal Challenges:

Freedom of Information Act (FOIA) requests:

"Show me the SEC/IRS internal memos classifying Bitcoin.

State-level pushes (e.g., Texas, Florida):

"Recognize Bitcoin as legal tender under your own commercial code."

c) Media Framing:

Stop saying: "Bitcoin is digital gold."

Start saying: "Bitcoin is the first stateless money since gold was confiscated in 1933."

THE ENDGAME

Force them into a lose-lose choice:

Admit Bitcoin is money → Legitimize it as a dollar competitor.

Keep calling it an asset → Expose their arbitrary control.

#DefineThisJerome ⚡

P.S. When they squirm, whisper:

"The harder you suppress the classification, the faster people see the truth."

The law is a weapon. Turn it against them. ⚖️🏴‍☠️

freqx req. sUrP*RizeSat your\/\/ay/***** gr8\/\/ayz/frEqx./***** . .. ... .... /\/atch.EncryptIO/\/*****

NA cha'O's friend, thERE win/win deals out there*/*ya/*****

More thinking out loud...

Had call with sister. Talking finances... painful.

Considering making videos to help educate family and friends indirectly. Short, simple, to the point. Guides and insights. Like my monthly newsletter. But geared specifically for them.

\/\/att*/*i shEEEEE'IT evevryday 'O'f /\/\ylifE***** .n_n/*****

Pretty nice place, Tokyo ₿itcoin Base

#tokyobitcoinbase #bitcoin #lightningfair

We have made electrs the default for Dojo on the Community release. If you do not have very deep wallets (deep means many derivation paths which are sub accounts samourai and ashigaru make to deal with things like post mix or bip 47 tx's etc.), then electrs is a great choice.

Benefits to fulcrum is that it is the most performant indexer. Downside is possible DB corruption, which isn't the biggest deal. Just a hassle to uninstall and reinstall.

GM GM GM 🖖🏾⚡☕

You can just say GM ☕️