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Chad Lupkes
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Wealth based systems are the future. #Bitcoin is the foundation for wealth based financial capital. Critical thinking is required. Bitcoin class of 2017.

I'm going to the Seattle Bitcoin meetup tonight.

We might not like a law or the way an institution does something. Our options include trying to escape from that law or institution as well as trying to understand the background, the context and the original reason for the creation of the law or procedure. There's always something we can learn, and if the assumptions that went into it have changed we can also be the teacher and change other people's minds. That way others are not left to deal with the mess without our input. There's always a reason why things happened, and we can't just dismiss historical context without first making sure that the underlying causes have been addressed. If they haven't, then maybe our own thinking needs to adjust.

In a world without borders and limits, we should be able to live where we want and how we want. The objective is to build a new foundation for capital, information, innovation and trust strong enough that the existing and legacy governance structures have no choice but to transition to the new paradigm. In a democracy, we vote with our ballot and the choices we make on who should represent us. In an economy, we vote with our money and the choices we make on which providers of goods and services deserve our support. Maybe getting away from jurisdictions that are not doing what we would want them to do is giving them an excuse NOT to change. It's certainly not motivation to make the change we want to see.

Actually, I think the link is broken. It just loads a blank screen.

Got an email from Coinbase support this morning about a "lightning" network transaction that I tried to do on 5/7 that is still pending. The stupid is strong in this one.

"The pending status means the receiving account is an inactive account and there are three options here. If we do nothing, the transaction will automatically cancel after 30 days and the funds will be returned to your account. If the recipient sets up their Coinbase account they will claim these funds automatically. If you wish to cancel this transaction right away the funds will be returned to your account immediately. To do so you will need to select the transaction in your account to view it."

The transaction was to my Strike wallet, which I use every day.

Yes, I do want to move what I have out of Coinbase. I didn't want to pay a high transaction fee to do that. I thought them connecting with Lightspark would allow me to do that.

It's fine. I can wait for them to get a clue.

Replying to Avatar Julian Figueroa

And if you want to support what Motiv is doing (how on Earth could you NOT after watching this video???), PLEASE check them out at http://motiv.ngo

Every donation you send goes DIRECTLY towards building more circular economies and leadership programs in Peru.

You can zap their LNURL at: motivperu@blink.sv

just sent 1000 SATs. I'm hoping to see something like this happen in Kakuma, Kenya.

Goooooooooooooooooooooood Morning Nostr Fam!!!

Wisconsin Becomes First State to Disclose Bitcoin Investment

The U.S. state of Wisconsin has become the first government entity to disclose an investment in Bitcoin, having purchased 94,562 shares of BlackRock’s iShares Bitcoin Trust (IBIT), worth nearly $100 million, in the first quarter of the year.

The State of Wisconsin Investment Board (SWIB) revealed its Bitcoin exposure in a recent filing with the U.S. Securities and Exchange Commission (SEC).

SWIB, which was founded in 1951, manages over $156 billion in assets for the Wisconsin Retirement System, State Investment Fund, and other state trust funds, also revealed it purchased shares of Grayscale’s GBTC worth around $64 million.

The move sees the state of Wisconsin join several Wall Street giants, including JPMorgan Chase and Wells Fargo, in revealing BTC exposure through investment in spot Bitcoin exchange-traded funds, according to 13F filings.

JPMorgan revealed an investment of $731,246 in BlackRock’s IBIT ETF, Bitwise’s BITB, Fidelity’s FBTC, and Grayscale’s GBTC, while Wells Fargo disclosed $141,817 in GBTC holdings. BNP Paribas and BNY Mellon have also made similar disclosures.

for 90% of them, you're probably right. But for the high market cap coins with a lot of followers, I think it's possible. And I wouldn't want to stand in the way even if I don't use them myself. And with a bridge, I wouldn't have to.

Eventually, they'll all be coming to Bitcoin as everything else goes to utility value, but in the meantime, let them talk.

Crazy idea.

I know that there is a social media network growing around Ethereum. There are parallels between that system and Nostr, and those parallels could result in a bridge so that people could follow each other and comment across the bridge. We wouldn't be able to zap sats to them directly, although that's probably something that would be possible eventually. But users of that network could use ETH or one of the thousands of tokens to transmit value.

Now think about another parallel system built around Tether. Same thing, we could build a bridge and exchange notes and comments, maybe even some functionality. Only the direct transfer of capital would be restricted.

There are 9929 cc's listed on CoinMarketCap. How many of them have communities? Could we build bridges as a step towards getting everyone on the same overall network? I wouldn't want to silo everything, that's exactly like the nation-state BS that got us to where we are now.

Yeah, crazy idea.

I'm just buying Bitcoin and waiting for the US Federal Government to collapse under it's own incompetence.

In the land of digital realms so wide,

Where virtual machines in silence bide,

There dwells a stubborn code, so hard to sway,

A virtual machine that won't obey.

Oh, virtual machine, with circuits cold,

Why must you make this process so bold?

Your stubborn ways, a mystery untold,

In bits and bytes, your secrets hold.

I've summoned you with commands fair,

Yet you defy my every care,

Your memory and processors at my command,

But still you slip through like shifting sand.

In the language of binary, I plead and implore,

But you remain unmoved, behind the digital door,

Oh virtual machine, won't you heed my call,

And cease this resistance, once and for all?

In the heart of the server's fiery glow,

You dwell, unyielding, against the flow,

Yet I shall not surrender to your digital might,

For I am the master of this code-filled fight.

So heed my words, oh virtual machine,

And let us dance in the digital stream,

Cooperate now, and together we'll soar,

In the land of data, forevermore.

The President's decision to impose import tariffs this quickly exactly mirrors the actions of his predecessor. It means we have learned nothing. I don't think we ever will.

I remember screaming in rage when 45 did this. The goal I understand. The implementation from the point of view of business and American consumers is devastating. The markets don't yet know what to make of this. I'm expecting some real trouble going forward.

Just wait for the repeat of 1929, watch things go really crazy.