Everytime we swap a decentralized permissionless cryptocurrency into a dollar stablecoin backed by US Treasuries such as USDC or USDT, we are helping to fund violence and oppression.

Stop and think about this the next time you swap. I am personally going to try to use USDC less and do whatever I can to work towards a world in which lots of people opt out of the dollar in all it's forms.

I want to see merchants who accept BTC or XMR, and then keep it instead of converting it into dollars or stables.

The power of the ruling class is in the money, that money is backed by nothing except people's trust in it. If the people wanted to, they could pull the rug out from the oppressors by simply opting out of the dollar en masse.

This was never possible before Bitcoin, gold was an option but it is too hard to verify, divide, and transfer. Now we also have Monero, which has all the power of Bitcoin plus fungibility and scalability. For the first time since the creation of state money, the power is in the people's hands, we just have to use it.

#bitcoin #monero #countereconomics #optout #stablecoins

The Israelis are demons

After recent reading and more research, I tend to agree with what Hal Finney’s view of #Bitcoin was as well as Saifedean’s views.

In my opinion, as much as I dislike them, I think complaining about KYC and AML is pointless. People need to stop being idealist and be way more realistic. If Bitcoin is going to be the world reserve currency one day and back global finance, KYC is inevitable and it’s a necessary component to achieve this status and high liquidity.

People tend to get very wrapped up in the cypherpunk ethos and attempt to turn Bitcoin into something it clearly is not. “Cash” clearly does not mean day-to-day payments and was obviously referring to final settlement. Of course layers can be built on Bitcoin for different use cases, but this was not the intended design. The Lightning Network is great but think about scale and practicality.

I cannot help but believe that Bitcoin was designed to solve different problems than what anarchists, libertarians, etc. want it to solve. And the biggest thing for me is that’s okay… The “Bitcoin as digital gold” narrative is very strong and it’s the most revolutionary invention/discovery in centuries. Final settlement + being able to maintain my money and contributed value to society over time is enough for me.

For the people desiring hardcore privacy and wish Bitcoin was different in certain ways to fulfill their Ancap wet dream…… welp, just use #Monero.

Bitcoin and Monero can co-exist because they simply solve different problems. Even #Ethereum has real-world use cases that aim to implement different solutions to different problems. Ethereum doesn’t try to be money, but Bitcoin maxis call anything a shitcoin that isn’t Bitcoin, which to me is an ignorant statement.

I agree Bitcoin is perfect money in the general sense and I want global finance to be anchored to it, but that doesn’t mean every other coin is useless with zero utility.

There is a secret clause in the agreement between the Palestinian resistance and the Zionists that could nullify the deal.

Walid Al-Omari… Director of Al Jazeera’s Office in Jerusalem.

The Jews control the banks and the media

I assume this whole thing to be an absurd workaround for Apple devices that don't have an earphone jack. Hardware deficient by design... was that what Jobs had in mind, I wonder.

the tradeoffs #Monero makes for privacy DON'T cripple its potential for money.

it cripples its potential for adoption by the legacy system.

important difference.

(I thought keeping Windows 10 would save me some time)

Micro$oft is a terrorist organization

[change my mind]

It is becoming increasingly easy to cause a bank run.

In Europe, the legal reserve ratio for banks was reduced to 0% in April 2024, and in the US to 0% in March 2020.

Yes, you read that right, before that it was 1% 😂 .

Promoting a corralito is a crime, so I promote it, I encourage you to commit it, take all your money out of the bank and let's make the system collapse.

Less complaining and more risk-taking.

Yeah, I'm waiting for war and genocide ending mistakes. Not that the West generally doesn't need regime change.

Ok seriously… why are these two different sizes? 🤣

#crochet #asknostr #grownostr

We are living in the worst era in history, we are living among the filthiest group of human beings ever to exist

Only dead things remain as they are.

Who would do something like this ...

To go and take the statue of anyone.

🇶🇦🇪🇺Qatar threatens to stop EU gas sales if fined under due diligence law, FT reports

By Reuters

LONDON, Dec 22 (Reuters) - Qatar would stop shipping gas to the European Union if member states strictly enforce a new law on forced labour and environmental damage, Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Sunday.

The level of incompetence of the EU leaders is already unbelievable, they damaged their economy beyond repair sanctioning their major energy supplier. Now they are buying gas and oil much expensier and threatening those new provoders to follow their environmental and labor standards... Their level of stupidity has no limits... If they were not in an economic recession, divided and in a geopolitical disaster I will say, well they can try, although is obviously disrespectful to tell other nations how to conduct their business...

I use the best materials, the ones I have...

To do whatever it takes

To make it work

Every corner is different. But it's square and stronger than new. 💪

If the Epstein List bombshell didnt make it clear ill have to break it down for you anon，Theres not going to be a Bitcoin Strategic reserve in the US.

A thought occured to me just now. In the future, when the block reward is miniscule and the Bitcoin network's miner's revenue comes solely from transaction fees, wouldn't large bag holders have an incentive to mine blocks just to keep their bags secure regardless of whether the transaction fees make it profitable or not? I feel like if Bitcoin is worth enough money then anyone with a significant amount would at least have an incentive to protect their wealth by mining. Am I wrong? I would love to hear what other people think.

#bitcoin