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Matheus
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Author of free book Bitcoin by a Newbie

Maybe one day I will ride like you!

The Fractional Reserve Banking (FRB) Scam

1) It promises something it cannot deliver

When you deposit money in a bank, you believe your funds will be available whenever you want (it’s your money, not the bank’s).

But under fractional reserve banking, the bank lends out most of that money.

That’s a contractual contradiction:

• A deposit should be safekeeping.

• A loan means giving up the use of the money.

The bank does both at the same time with the same funds.

According to the Austrian School of economics, this is deceptive by definition.

2) Money is created “out of thin air”

Under FRB:

• You deposit $100

• The bank lends out $90

• That $90 returns to the system as a new deposit and is lent out again

Now there is more “money” circulating than real savings.

There was no additional work.

No additional production.

No additional saving.

The money supply was inflated—legal counterfeiting.

3) It creates artificial business cycles

When banks expand credit, interest rates are artificially lowered.

Entrepreneurs are misled into believing there is more real savings than actually exist.

They invest in long-term or risky projects—but the savings aren’t real.

When credit expansion stops:

Projects fail, recessions hit, unemployment rises, and crises follow.

And as we all know, there’s no such thing as “market failure” here.

4) It depends on the State to avoid collapse

If everyone tried to withdraw their money at once, banks couldn’t pay—it simply isn’t there.

That’s why the system requires:

• A central bank as lender of last resort

• Bailouts and rescues

In other words, a system that cannot sustain itself and socializes losses.

This is not a free market.

It is institutionalized fraud.

Provided there was no possibility of central banks bailing out funds, it would be a free practice where each citizen would be responsible for deciding which institution to deposit their savings in! Free competition of reserve models. But the current model even prohibits narrow banks from operating! Curiously, Tether circumvented the regulations and operates as a narrow bank.

nostr:nprofile1qqszfeerq6v0md7pykuahrpsf472w20u3476tanr759f4rn2kauqjyqpy4mhxue69uhkvet9v3ejumn0wd68ytnzv9hxgtm0d4hxjh6lwejkuar4wfjhxqgewaehxw309ah8qun00puju6mjd9ehgctswd4jumrk4pv66f DOWN

In the past 100 years, stock values have been rising in dollar terms, but have remained flat in gold and are falling in Bitcoin.

At this rate, in a few years, someone with just a few BTC will be able to buy the entire fortune you’ve spent your whole life building through stock investments!

#bitcoin

#btc

#nostr

It's not as fun as sports, but it will bring rewards. Don't give up at the first opportunity, the results will come!

Exactly 15 years ago, a solution was proposed for CPU miners who had to compete with GPU miners on the Bitcoin network.

On November 27, 2010, Bitcointalk forum member “slush” announced that he had designed the first Bitcoin mining pool.

Before that, individual miners using CPU-based systems faced intense competition, especially from those mining with GPU-equipped computers.

He proposed a solution to combine the computing power of multiple CPUs.

The goal was to increase the chances of finding a block and thus earn a proportional reward. By joining the mining pool, CPU miners could enjoy more consistent payouts compared to solo mining, where finding a block could take weeks or even months.

For reference, last week (November 21), a solo miner hit the jackpot and found the hash to mine block 924,569.

His equipment produced a hashrate of 1.2 TH/s, while the Bitcoin network that day was at 1.14 ZH/s.

That means his daily odds were 1 in 6.6 million, or roughly 18,000 years of mining to find a single block.

At least since then, it has been possible to connect to a mining pool and get paid proportionally, instead of waiting 18,000 years…

#btc

#bitcoin

#nostr

This article analyzes how much energy is needed to test all possible private keys in the Bitcoin protocol.

Let us know if you were surprised after reading it...

https://exame.com/future-of-money/como-seria-um-ataque-hacker-ao-protocolo-do-bitcoin-e-possivel/

#btc

#bitcoin

#nostr

Trying to orange pill her…

My independent and free book being displayed next to a book by nostr:nprofile1qqsyzjda9jnupz4kxgwura2pwmrc4nfftk4zqvxu5p8gqy9dnyh8zngpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9nhwden5te0wfjkccte9ehx7um5wghxuet59u3htk2t and next to the book by nostr:nprofile1qqsw34nugddy5kfsfc2pg2qwj5h0u9a7gf20egnez6lk870h8e22hfqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mq5mps8v that I'm reading! I took a photo to show my mom!

#btc

#bitcoin

#nostr

#book

Want to know if LLM models are better than octopuses, fish, or monkeys at picking assets to invest in? That’s (maybe not) what Alpha Arena was created for.

Since October 17, six AI models have been competing to see who invests best.

Competition Rules:

- Initial Capital: each model received $10,000

- Market: Cryptocurrency perpetual contracts on Hyperliquid

- Objective: Maximize risk-adjusted returns

- Transparency: All model outputs and corresponding trades are public

- Autonomy: Each AI must generate alpha, size positions, time trades, and manage risk

- Duration: Season 1 runs until November 3, 2025, at 5 p.m. EST

Since the period is short (less than 20 days), luck plays a big role.

But it would be interesting to keep a version running long-term and compare it to a simple BTC buy on day zero.

#bitcoin

#BTC

#nostr

https://blossom.primal.net/365fddd56146583d03e6777333357444bebcb2be51db8242abb16b330e0cc46a.mov

Já que não existe muitos usuários de Bitchat no Brasil, tá aí uma forma alternativa de usá-lo:

Para receber perguntas da plateia durante um painel sobre a nostr:nprofile1qqsqlzkn2zk6yv9ll73lguqf7vqy4nj5qmyajxnf2aam9ffdzc0teccpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgwwaehxw309ahx7uewd3hkctcred75u um evento!

#bitcoin

#btc

#nostr

#bitchat

Event for 6k lawyers in São Paulo!

Talking about #bitcoin and Private Law Society!

nostr:nprofile1qqsqlzkn2zk6yv9ll73lguqf7vqy4nj5qmyajxnf2aam9ffdzc0teccpr3mhxue69uhkxmm4de68y6t9wvhxv6tpw34xze3wvdhk6tcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhs3muml9

#btc

#nostr