It’s hangman time. Winner gets an ZAP from ME. You get one clue, “NOT SINGULAR”.
_ _ _ _ _ _ _ _ _ _
This contest lasts 24 hours. The judges decision is final!
REPLY WITH YOUR GUESS RITE NAO. ↴
Whataboutism isn’t thinking. https://en.wikipedia.org/wiki/Whataboutism
Crypto Doublethink is widespread.
On the one hand, people say that USD backed by Bitcoin, "can't work", but out of the other side of their mouths they uncritically support Tether.
This is 100% irrational Crypto Doublethink.
Stablesats Think accepts the premise, inevitability and legitimacy of fiat as its starting point; that the measure used to value Bitcoin is and should be fiat.
This is clearly wrong, and anti-Bitcoin.
If it were not the case that fiat is the ruler used to measure the value of fiat, no one would think "Stablesats" were required, because Sats are Money.
Fiatistas never accepted and still do not accept the fundamental thinking behind the creation of Bitcoin. They are US American Dollar addicted delusionalistas and fiatistas.
And you must remember; none of the people advocating Stablesats are actual Bitcoiners; they came to the ideas that underpin Bitcoin after it was released, not before. They are not philosophically aligned with the ideas that were the spur to create Bitcoin (many of them are die hard collectivists and Socialists), and so of course, they are predisposed to accepting lies as the truth, like measuring value in US Dollars.
Thankfully, Bitcoin does not and cannot care about any of this, and the true Bitcoin entrepreneurs building Bitcoin companies on its sound foundation are the ones that are changing the world, not people at the periphery promoting the US Dollar, wrapped dollars, Stablecoins and other junk, who scream about other dollarization ideas, "Not that way, but the way I want them!"
https://medium.com/@beautyon_/bitcoin-is-the-c-of-money-dce63ce8e37a
If people who ran the platforms in the west did what they knew was right there would be no problem.
The actual problem is the people who own platforms do what is wrong, even when they know it is wrong.
“Multipolarity” will not solve the problem of western men who shy away from boldness or taking direct correct decisions for their users and companies.
Asking for other people to do the job you should be doing is the same as pushing the problem into the technical sphere through “decentralisation”; it’s failing to live up to your responsibilities.
Leaders of properly run companies are exactly that; LEADERS. They don’t do things by consensus, or defer to every opinion or allow themselves to be distracted or diverted. They have strict hierarchy where the CEO has final, absolute say on everything important.
And history shows this is correct, from Trump, Walt Disney, Henry Ford, to Steve Jobs; companies led by LEADERS succeed in serving the public through strength.
And this is all about serving the public. If you fail to do that, you’ve failed. Thankfully in Free Market Capitalism, Natural Law is the rule, not theory: LAW.
And make no mistake; all cultures at every scale are not equal. Some work better than others. Failing to accept this is suicidal.
But “You do you”!
And this, ladies and gentlemen, is a perfect encapsulation of....something.
Nostr is actually about what people think they represent; "Freedom, self sovereignty, Bitcoin".
It doesn't have to solve a real problem; all it has to do is make people feel good about themselves, so that they can, "identify" with it.
Meanwhile, in the real world that they're hiding from, access to Bitcoin is being made harder and harder by the EU (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023R1114&pk_keyword=Crypto%20assets&pk_content=Regulation) while they Virtue Signal and spray around tiny amounts of "Sats", the origin of which is never accounted for.
Nostr is an easy place to be and hide; you don't have to take responsibility for what you're doing (or failing to do) in the real world, and you can openly Virtue Signal in several areas simultaneously. It's crack for Virtue Signallers.
Of course, none of this has anything to do with the idea behind Nostr, which is just software. This is a "people problem", a problem of the character of some users, and obviously, this brush cannot be used to paint all Nostr users.
It's endlessly fascinating!
This statement is untrue.
3. Is bitcoin safe?
Yes, bitcoin is safe if you take care.
https://azte.co/learn/articles/is-bitcoin-a-good-investment
In the end, if Bitcoin is the money everyone is using, the State will have to start accepting it for the payment of taxes.
This will have many advantages for the state, as they can "Micro Tax" activities; something that is beyond the ability of the Geriatrics to conceive.
There will be an interim stage however, where the State demands that you pay it in its money, meaning you have to convert Bitcoin to fraudulent fiat. They will see, as they need to change the exchange rate twice per day, that the situation is untenable, and this will spur them on to switching to Bitcoin.
Bear in mind that once they have collected their own money as taxes, no one in the real economy will accept their money for goods and services, requiring them to buy Bitcoin just to pay salaries and live.
There is another scenario however, that indicates that the life of coerced money forms can persist indefinetly if properly managed:
THE TALLY STICK.
The Tally Stick was literally a piece of wood sawed along its length with a random zig zag that the British Crown would accept as a payment method for settling tax bills.
The power to enforce payment methods backed by violence is how this worked so well:
https://youtu.be/WVJHCiD_Ukg?si=GN9BUsKyz_q1I4Jc
It's hard to describe the great depth of genius behind the concept of the Tally Stick. By doing this, the crown managed to create money out of nothing, and build a sound economy on it, whilst remaining at its centre as the essential manager.
Bitcoin with its jagged edged keys made of text is very much like a Tally Stick, but without an issuer or the need for saws or supervision. All of this is missed by the vast majority of Bitcoiners because they're ignorant.
Nevertheless, it is possible to build different kinds of economies on Bitcoin, and if used by the replacement central banks, can be the fundamental base layer like the Tally Stick.
FASCINATING!
You can’t “Stack Sats”, to use the Bitcoin Cult lingo, without there being a means to distribute Sats to Stackers, and no, not everyone is an US American with a bank account, genius.
Also, the entire rest of the world switching to Bitcoin, and not just Americans, will cause a sea change in the dynamics of many problems. Think GSM vs CDMA. America can lose international standards wars. That’s proven.
The fundamental layers of Bitcoin are powerful enough to make the dream of hyperbitcoinization come true, if the people who maintain the tools and businesses eschew infantilism like Ordinals and “Assets on the Blockchain” and “Stablecoins”; perhaps the most egregious affront to Bitcoiner sensibilities and ethics.
The inventor of Ordinals has now “moved on to other things” having left behind a literally indelible legacy of shame, with his acolytes continuing to pollute and burden maintainers of the public record. He’s the personification of one of the great remaining problems facing Bitcoin: Infantilism.
"Dollars on Bitcoin” is the direct result of slave mentality and infantilism. The Austrians understand the dynamics of the problem of the Federal Reserve, but amongst them Saifedean is almost unique in correctly applying Austrianism to Bitcoin.
The Bitcoin Cult on the other hand have proven not up to the challenge with their distractions, infantile absurdities and nonsense. They refuse to accept the basic argument implied by Bitcoin; the Federal Reserve Dollar is a corrupt criminal enterprise that is irredeemable.
Thankfully many other countries are waking up to how they’ve been enslaved by Keynesian thinking and turned into Cargo Cults with their Central Bank funny money printed abroad and delivered in Security Theatre stocking rituals. These countries now have the means to free themselves from fiat prostitution, and it’s now highly probable that they’ll do it, thanks to the constant streams of provocations and humiliations doled out by Uncle Sam.
Victory for America means allowing Bitcoin to be used as money and accepting it for the payment of taxes, not geriatric gibberish like “Strategic Reserves”, which as Saifedean correctly asserts, will not be permitted by the owners of the Federal Reserve System, who are the actual owners of America.
https://x.com/saifedean/status/1818274910772306297
FASCINATING!
You just don’t get it, and that’s OK.
LET THE RECORD REFLECT: "ATOMIC JURISDICTION"
@Beautyon_ on Russia and Bitcoin: 2012 - 2024
https://x.com/search?q=bitcoin%20russia%20(from%3Abeautyon_)&src=typed_query
This is not true. You say untrue. FALSE.
The price of Bitcoin doesn’t matter.
Bitcoin is not a person; it can’t feel anything.
Math is not honourable or dishonourable.
Satoshi isn’t a deity.
Satoshi vanished precisely to avoid this sort of mawkish drivel.
You can’t be for Ordinals AND Bitcoin.
No, it’s not funny.
…but it is historic. Full marks for that!
You were probably never interested in Bitcoin, but were always a “Cultural Bitcoiner”. And that’s OK.
People swooning over RFK's pledge to make the US Government horde Bitcoin are completely wrong to think it is a clever move. It isn't.
What it does is prove that RFK has been brainwashed into the Bitcoin Cult "Hodl" mindset, which is an unfortunate, but short term aberration.
What the correct policy is is that Uncle Sam should begin to take Bitcoin as a method of payment for all US Taxes.
By doing this, Uncle Sam will begin to build up a Fort Knox level hoard of Bitcoin, collected through the normal process of government, which everyone must accept.
The people saying that the US Government should have a strategic Bitcoin Reserve are making the claim that Uncle Sam should make a bet against the Federal Reserve. That's crazy.
Niy of course, Bitcoiners know that the Federal Reserve isn't Federal at all, and is a private consortium created to steal from the American people. But we're not talking about that today.
The correct strategy is to allow Americans to pay taxes in Bitcoin. To incentivise this, a 1% discount should be offered to all taxpayers paying in Bitcoin.
If this were the policy, Uncle Sam would very quickly develop a large hoard of Bitcoin, through the normal process of government.
*************
I WANT
YOUR BITCOIN! *************
“As long as their nsec has not been compromised of course”
Of course.
This is Cult Nonsense and it shows that you don’t understand how anything works. Signatures breaking doesn’t indicate it isn’t the owners message; it simply means the signature is broken. Nothing else can be implied other than that.
Anyone can poast as a Nostr user by simply getting their phone. The keys offer no verification whatsoever of who is making a poast, only that a poast was made with a unique key.
This has nothing to do with proving a particular individual did anything; this is Cult mythology, not reality, and conflating Nostr with Bitcoin is ridiculous. Signature in Bitcoin are used to write to the ledger so that others can rely on them. In Nostr, signatures only tell you a key was used; the arbitrary messages have no meaning in any context, even in their own context. It’s indistinguishable from white noise. The idea behind Nostr is that no one can stop you poasting; it’s not about authentication, which is an inconvenient means to an end.
If I have your car keys I could drive your car away; keys can’t be used to authenticate the signer is who they claim to be, they’re not magic. Any locked door that belongs to you whose keys are accessible to me can be opened by me. This is true on Nostr, which cannot solve this problem.
Nostr isn’t interesting for the reasons you think it is, and the world you’re imagining cannot be built on it. It’s nothing more than Cult Nonsense.
Here is a list of some of the most famous cults:
1. Peoples Temple
2. Branch Davidians
3. Heaven's Gate
4. The Manson Family
5. The Order of the Solar Temple
6. Aum Shinrikyo
7. Children of God (Family International)
8. The Moonies (Unification Church)
9. Rajneeshpuram (followers of Osho)
10. Scientology
11. NXIVM
12. Falun Gong
13. The Church of the Lamb of God
14. Movement for the Restoration of the Ten Commandments of God
15. The Church of the Last Testament
16. Bitcoin (Cryptocurrency)
And the idea that people constantly being identified is only desired by totalitarian Communists and maniacs. Free people want to transact and communicate privately and anonymously. It is not a good thing that an identity layer is placed over everything. This is why the Ethical people in Bitcoin are so eager to anonymise its use, not wantonly attach identity to everything.
The privacy preservers are going to win this by the way. They’re going to win because they know how things work, know how they should work, have the means to make them work, and are releasing these means into the market.
They don’t wave their hands around, gush at every new toy put in front of them. They take things seriously…because they’re important matters, and not a game.
And thank YOU for replying!