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5Cacti
c3ab196962a53944afdc3525dbbadbae8b592dbb09b8ae16cac27f969911f5f5
Based in New Zealand

Hi Samson, with the work you do, do you get involved with helping pension funds and Sovereign Wealth Funds satisfy their ESG concerns around investing in bitcoin? If so, what/who do you point them to? What are the main concerns and best resources for them to address those concerns? Do they care much about the potential and real social benefits to people under authoritarian regimes or hyperinflation, are emissions from mining a key concern? Thanks so much.

Doesn't that tend to favour the nations that can fund a war? As they can invade the countries that can't? Or is the expectation that if you're being invaded then the people will be happy to fund the defensive war?

Replying to Avatar Bradley Rettler

ANNOUNCEMENT: The University of Wyoming has established the UW Bitcoin Research Institute. uwyo.edu/bitcoin

The BRI aims to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines.

First act: hiring nostr:npub1yezu4atsdgchvlyjz5efwks8n7ze2rssq674qe04m5pp8e5y32tqfdawc7!

Much academic bitcoin research is quite poor, because it's done by people who don't understand bitcoin.

Mora et al predicted "bitcoin alone could push emissions 2 degrees".

They failed to account for the difficulty adjustment *and* didn't know there was a block size cap!

Others like Taleb’s infamous "Bitcoin Black Paper" are unaware of Layer 2s like Lightning, and others are unaware of the supply cap -- perhaps bitcoin's most distinctive feature. Others make faulty assumptions about bitcoin user demographics.

These mistakes make their way into journalism, and policy. Bitcoin is multi-faceted in theory, and even more so in practice. Journalists can't be experts, so they rely on academics. Too many of those academics have let them down.

The good news is that there is good academic research on bitcoin. Work by Will Luther, nostr:npub18wgtxzhx75qd2aq3gn35mcv5m8zx7z6xdsf6a95asltys70deekqqjr2wn , nostr:npub12lzwey2hjc2ce0stwa3ldhg04h93wj263lvdhrf87qfzz9jsggeqwuntw2 , nostr:npub10afr060h0g3vf2ykynr6cvw2u7ta3tzpgjczfyufp420aeeen0xszf0xj0 , Matthew Ferranti, nostr:npub1ws69pst0kcaqa9cgm85l3xzkqrfuphldu5dv6r5cp8tjjzfyv82s5vxzeg and others understands and explains bitcoin very well.

But for academics interested in bitcoin, the incentives often don't line up. Few advisors will let their advisees focus on bitcoin, so bitcoin projects must be side projects. And without advisor or community support, these projects are rarely taken on.

The Bitcoin Research Institute fixes the incentives. We provide a community who can support scholars and give critical feedback on their projects, and we provide funds for travel and lodging.

We're removing barriers for scholars who want to work on bitcoin.

More academic work on bitcoin should be done by people who understand bitcoin. The BRI aims to produce that work, which will filter up to journalists and policymakers.

The University of Wyoming is the perfect place for this, with Sen Lummis, nostr:npub1uyz4w2w4rcphk0q5arzkutrecgscxwzajj4dkvh9mjyqjtxslm6qea8632 , State Sen Rothfuss, Law School Dean Julie Hill, Steve Lupien, bitcoin miners using all kinds of energy like nostr:npub1k7tcreyu0w970fxsht8ccw54az2yh27agf4x2s92crwam9mw9cws558edl , a School of Energy Resources, School of Environment and Natural Resources...

The UW Bitcoin Research Institute is a 501c(3) nonprofit. Because of nostr:npub1uyz4w2w4rcphk0q5arzkutrecgscxwzajj4dkvh9mjyqjtxslm6qea8632 , the University -- and by extension the BRI -- can accept bitcoin directly. And UW allocates 4% of our investments to bitcoin, so if you donate bitcoin to the BRI, we will NOT sell it.

If you're a scholar and you want to be involved, my DMs are open!

If you're a journalist and you want to learn more, my DMs are open!

If you want to support our work, you can do so here: https://www.givecampus.com/campaigns/49172/donations/new

Amazing news! Great work!

It's been a fantastic run. Any hints at what's next? You're still going to be putting out great content though, right?

That's the appeal of capital gains taxes to govt. Need some more taxes? Get the money printer rolling and have the double win of some capital gains taxes on artificial gains that aren't adjusted for inflation!

I think I get your point, if you're meaning that many people who read that quote will assume it is referring to people like them who have debts that hold them back, as that's not actual slavery.

However, many people in real slavery nowadays are bonded laborers who are trapped working to pay off debts that they can never repay due to the high interest rates applied and the minimal rate at which their work is valued. For example loads of people making bricks in India.

"Debt Bondage

This is one of the most prevalent forms of modern slavery in some regions. Individuals are forced to work off a loan or debt, but the terms are deceptive and exploitative, often leading to the debt increasing faster than it can be repaid."

https://freetheslaves.net/slavery-today-2/

Got an email from Kraken saying they're dropping most of their services for New Zealand customers. When I asked why they gave very vague responses but generally sounds like something to do with new rules. I guess maybe that's the new more intrusive reporting requirements that the IRD have decided to require from exchanges. Anyone know more? Cheers

It's a good question. I think his main reason may be that he's trying to pull in new people from the mainstream, hence his heavy use of YouTube for the start of his episodes, and he's a strong partner of Rumble so he uses their platform Locals for his awakened wonders community chat groups. But certainly would be worth making sure he's up to speed on Nostr and to see how it might be useful for him.

Replying to Avatar Martin Enlund

Ha ha I think this might have been a tad more effective if it didn't say HAVE UN STAYING POOR...

I have to wonder how much say she has over the heading and subheading that get added to her articles, because the first article is far more reasonable than that subheading makes you expect.

Is that President Zelenskyy???