“If a saver had any hope of keeping up with inflation, it became necessary to deposit money in banks and collect interest. Bank deposits underperformed inflation from 1913 to the present, but at least underperformed less than holding physical banknotes that paid no interest. Therefore, this structurally inflationary system enhanced the power of banks by making them more necessary for everyone to deposit the bulk of their savings with. It also increased the power of the government to surveil account balances and transactions, collect taxes, and freeze funds on demand, since most of the money was in the banks rather than in the form of physical and private bearer assets. Put simply, an inflationary money necessitates the use of counterparties and leverage to try to keep up with inflation by earning interest, which is not the case with a hard money.”
Lyn Alden, Broken Money
I'd be careful around a giant hamster that can jump waist-high.
I used to prepare my own matcha by hand at work (with the powder and the special spatula). No milk, no sugar. Tasted like grass soup but I used to enjoy the ritual.
You can tell from the style that this pic was taken during the first half of the 21st century.
My grand-pa told that, at the time, it was possible for people to buy one whole BTC for under $1M.
Hard to believe today.
Today’s bitcoin price will be the bottom of the next bear market.
So you might as well front-run it by 2 years and buy now.
The vibes were high for the Hal Finney Seaside Run @BitcoinAtlantis.
Well done everyone for putting in the early morning proof-of-work💪
Huge thanks to @andreloja and his dedicated team for hosting a truly unmissable event.
📸credit: Pedro Faria
Kudos to our amazing run leaders ✊
Esther, Godefroid nostr:npub1a8us7vr738n7cvdxh0gdtnt5qzrk4qe3qklhmsrs45llq2k48agqjkrvn3 nostr:npub1v67clmf4jrezn8hsz28434nc0y5fu65e5esws04djnl2kasxl5tskjmjjk nostr:npub1vunp55fsh6ytdk2ah54f2z3fms4p5gl5x9d4uslxljlgd35ethjsya6grv nostr:npub1dwekunm9w9agazkwcq88ymxmj0j3qgxcu4mwfqnjqvyusa9cuxrs0wsqel
We're raising funds for @youralsnetwork as part of the @RunningBTC21k challenge. Let's find a cure for #ALS/#MND in Hal's memory: https://t.co/0dw6nhRw2M
#RunningBitcoin #BitcoinRunners #Bitcoin
Great run on Day 1 of the conference, just before the kick-off. Thanks for organising 🏃
How many tech conferences have you been that start with a 5K run?
Tomorrow 7.30 am: Hal Finney Seaside Run starts from the Lido in Funchal.
https://bitcoinatlantis.com/satellite-events#hal-finney-seaside-run
#bitcoinatlantis
When it’s time to pay the piper, most normal folks will not choose to make their family poorer in order to fund the death of foreigners in a foreign war.
However, banksters and corporate journalists will not stop at perpetuating war for their gain.
#fiat
cc nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
At the time it was a cover up.
Today, a central bank buying government bonds is perfectly normal. It's just a 'liquidity injection', 'quantitative easing'.
nostr:note1vdv8pzsl9nndc8jaz70aeyavf8pf0smlhef725yclw62stm7e80qa2qevl
"Not mining Bitcoin is a waste of energy"
Alex Gladstein
Beautiful drone view of a new Gridless operation in Kenya.
Water is diverted out of the river from a small dam and goes through a buried canal towards 3 turbines a few hundred meters downstream.
This is how they extract 150kw out of a small river and provide electricity to the communities nearby.
And this is partly financed by busy little ASICs hidden inside green sheds.
https://x.com/GridlessCompute/status/1756164755398578542?s=20
See you there!
Instead of taking a sunset cruise on a catamaran, I decided to go watch a movie about inflation.
This looks like Blade Runner, very well made.
https://youtu.be/FPDvDtuE5e4?si=umY3K2-VW1Y2Z2Q2
You can actually see the first transaction in block 170 here:
https://mempool.space/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
Early adoption in progress!
nostr:npub1trj30ne38pzh3jfcq5cl6p0g2svtnwynqew09ry8nkd8ky9w82jqd8z5rv and her little sister running around the meetup with WalletOfSatoshi on their phones, stacking sats and paying for soft drinks at the bar.
That cryptosteel capsule will come handy soon. 👏
nostr:note1uddpujsyda4w2he34nl9qt7qjdksm65k27haplv4terzh423nknspkd0yq
behind the scenes of that interview
https://video.nostr.build/9c8ab21ef819cd3930b0ae89c19503930f5a273e3d759c0305ed8267c8924b15.mp4
I'm in tears
Welcome to nostr 🥳
Il y a tout un dossier en français paru dans le journal des anciens de Polytechnique.
https://www.lajauneetlarouge.com/
Pierre Noizat
https://www.lajauneetlarouge.com/monnaie-valeur-et-energie/
Yves Choueifaty
https://www.lajauneetlarouge.com/bitcoin-une-these-dinvestissement/
Bastien Teinturier
https://www.lajauneetlarouge.com/bitcoin-et-lightning-deux-reseaux-pour-passer-a-lechelle/
Michel Khazzaka
Jad Comair
https://www.lajauneetlarouge.com/bitcoin-une-solution-contre-la-libanisation-du-monde/
There is a lot in nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu latest article:
The most salient:
1. Details about a Gridless hydro operation in Bondo, Malawi. Capex vs opex funding.
2. Opportunities of geothermal mining in Malawi.
3. the recent situation in Malawi: 2023 devaluation of the local currency.
Still reading it...
Will add to my collection of references:
Correction: the example of geothermal opportunity is in Kenya (potentially 10GW).
There is a lot in nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu latest article:
The most salient:
1. Details about a Gridless hydro operation in Bondo, Malawi. Capex vs opex funding.
2. Opportunities of geothermal mining in Malawi.
3. the recent situation in Malawi: 2023 devaluation of the local currency.
Still reading it...
Will add to my collection of references:
Happy 'Nobody will give a shit' birthday! 🎂
Let's celebrate every year for the next 50 years.