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Beneath The Ink
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✒️Delving beneath the ink of culture and politics to expose soul that shapes our world. 🌌 *Best Experience with Yakihonne Articles or Primal Reads* 📖 Reposting is appreciation, zaps are love 🌩 ⚡️ ❤️

"Discipline is like the interest on a 30-year mortgage. Initially it’s most of the payment, but over time it cedes weight to understanding which is like the principal. Discipline without understanding is like an interest-only mortgage. You pay it every month and get nowhere." - nostr:npub1dtf79g6grzc48jqlfrzc7389rx08kn7gm03hsy9qqrww8jgtwaqq64hgu0

As a new parent I feel the raw effects of this like never before.

nostr:naddr1qq05jttkv5k5wmm594xhjt20wahz65rjda3xcetdwvkhv6ps8p5xuq3qdtf79g6grzc48jqlfrzc7389rx08kn7gm03hsy9qqrww8jgtwaqqxpqqqp65wypysd9

Great piece. It is a little strange how the zeitgeist has lifted and altered over the last 20 years.

I too know the cathartic feeling of sitting down and writing only for the writing to be unseen or untouched by others.

Its sometimes even harder when even in a protocol like nostr, where everyone espoused v4v, you put forth so much effort yet no value finds it's way to you.

I blame it on the nascency. Most people don't yet know what they might enjoy. Until then, "we got our own problems to deal with"

I was educated in the USA, I wonder what of the history books is true and what is made up. Is there a way to confirm it for yourself?

I figured I'd start at the beginning, teach myself with whatever untainted sources I can find.

Whats the oldest civilization you know to exist?

Bien venidos Enderson! Es muy interesante ver muchos hispanos entrando en nostr. Mas de todo es cuando nostr y bitcoin puede abrir las puertas de justicia y libertad!

I don't know guys, maybe I'm reading this wrong but I've always found the best way to fill your cup is to serve others and bring so much excess value to others that it eventually finds it's way back to you. Everyone will be stumbling over themselves to fill your cup.

Could there be a future when enough value could be transferred over nostr on a daily to sustain people's lives? I can't say for sure, but I do know if it could be done on platforms like x or Facebook, it could be done here.

Replying to Avatar asyncmind

What is the possibility of the US president passing an executive order to cofiscate all bitcoin from US citizens?

#AskAi #ExecutiveOrder #RegulatoryCapture

The possibility of a U.S. president passing an executive order to confiscate all Bitcoin from U.S. citizens is low, but not impossible. Here’s a breakdown of the legal, economic, and practical considerations:

Legal and Historical Precedents

1. Executive Authority:

The U.S. president has broad powers under the International Emergency Economic Powers Act (IEEPA), which allows for asset seizures in national emergencies.

A similar precedent exists with Executive Order 6102 (1933), where President Franklin D. Roosevelt required citizens to turn in gold to the government.

However, Bitcoin is not a physical commodity, and it is more akin to digital property, which could make direct confiscation more legally contentious.

2. Fourth and Fifth Amendments:

The Fourth Amendment protects against unreasonable searches and seizures.

The Fifth Amendment protects against government taking private property without just compensation.

Any executive action would likely face significant legal challenges in court.

Practical Challenges

1. Decentralization and Self-Custody:

Unlike gold in 1933, Bitcoin is decentralized, and many users hold their private keys in self-custody, making confiscation technically difficult.

Hardware wallets, brain wallets, and multisig setups make it nearly impossible for the government to seize without voluntary compliance.

2. Global Accessibility:

Bitcoin exists on a global ledger, and holders could store their keys outside the U.S.

It would be easy for citizens to circumvent a ban by moving assets to offshore wallets.

3. Mining and Network Participation:

Even if the government tried to ban Bitcoin, mining could continue in other countries.

The U.S. has significant mining operations, but banning mining would likely push it overseas rather than stopping Bitcoin itself.

Economic and Political Fallout

1. Public Backlash and Compliance Issues:

Many Americans, institutions, and businesses now hold Bitcoin, making a confiscation order deeply unpopular.

Enforcing compliance would be extremely difficult due to resistance and the ability to hide or move BTC.

2. Institutional Involvement:

Major corporations, hedge funds, and even traditional banks (e.g., BlackRock, Fidelity) are involved in Bitcoin ETFs.

Confiscation would disrupt financial markets and likely face strong lobbying opposition.

3. Bitcoin’s Integration into the Financial System:

Bitcoin is becoming increasingly integrated into the U.S. economy.

Outright confiscation would send a message that the U.S. is hostile to digital assets, pushing innovation offshore.

Most Likely Scenarios Instead of Full Confiscation

1. Heavy Regulation and Capital Controls:

Instead of confiscation, the government could impose strict KYC/AML requirements on exchanges and wallets.

They could introduce high taxation on Bitcoin transactions to discourage use.

2. National Security Argument:

If Bitcoin were framed as a national security threat (e.g., funding adversaries), stricter regulations or restrictions on mining and transactions could follow.

3. Soft Confiscation via Inflation or Taxation:

The government may not need to seize Bitcoin directly but could impose a windfall tax on unrealized crypto gains.

This approach would be easier to justify legally and politically.

Conclusion

A direct executive order to confiscate all Bitcoin from U.S. citizens is unlikely due to legal, technical, and economic challenges. However, the government could attempt to restrict, regulate, or heavily tax Bitcoin instead. If such an order were issued, it would face immediate lawsuits, widespread non-compliance, and international pushback. The more realistic concern is gradual regulatory overreach rather than outright confiscation.

Economic inequality has reached levels unseen in nearly a century, and while many point fingers at politicians, party policies, or the so-called greed of the 1% hoarding all the wealth, the true culprit may be much closer than most realize.

At a time when legal structures worldwide strongly protect ownership and economic mobility, it is individuals themselves who are willingly surrendering their financial power to the very elites they criticize.

I know what It's like to be physically willing and able and even ambitious enough to work, but its not enough.

Powerlessness is seeking to grow financially and spiritually but no matter how well you do in your local economy it's never enough to save. Even if you could save, the banks are corrupt and offer no interest in your deposits and there is not much that you can lucratively invest in.

Thats how it is for many places in the global South, thats how it is for many places closer to home...

nostr:naddr1qq2kccekxu6yk4tgvfrnge3h2ffxxj2v94z4zq3qcs7kmc77gcapuh2s3yn0rc868sckh0qam7p5p4t9ku88rfjcx95sxpqqqp65w6lmz6e

Thats exciting news! I know making a move like this can be daunting, you dont have any kids do you?

Im kind of in a weird place with my full time employment as well, might just do the same. I've got that deep dread holding me back though because I've got kids. 2 babies, daycare cost is unreal.... and no they don't accept bitcoin...

Im for original as well. This way we can see whatever bias staring us in the face. Depending on who and what creates the neutral summary, it may still be riddled with bias. Better to see the ugly beast of bias in broad day than lurking in a dark corner