“I can sell you 20 million dollar painting but I can’t tell you why a piece of code is money. That’s an interesting paradox.”
- The former CEO of Sotheby's, Tim Smith.
Stop whatever you’re doing right now and spend two minutes of your life listening to what he has to say about #Bitcoin and why it’s going to reach $10 million per coin. https://video.nostr.build/f62e33c57cf019e047bddc6ce10ba2af583ef97cfac4c6fab2a78955727bbeef.mp4
And this is also when anyone talks about buying bond I just laugh.
nostr:note1nea28duqh8c7frtjhark464ahgnmxrng3ga6x472tc32ftjef3jq9sz7n6
It's probably not perfect, but what is. What I found is that storing and sharing files on my system alone made it visible to me within my home network, but not easy to find from outside of that network. Especially with a large video file, it can take some time before it starts to load for anyone else. I'm sure that could be improved somehow, but that was also a few years ago so maybe it already has. I use IPFS storage for some things, but less than I did because I'm not actually trying to store and share large files with others right now. Maybe I'll get back into something that is more of a motivation.
But whenever I see someone trying to share videos without going through the corporate server systems, IPFS is the first thing that pops to mind.
We don't need a stinking reserve. If governments are not going to USE Bitcoin as a Medium of Exchange or Unit of Account, they need to keep their hands off.
nostr:note1jcktg28g59ecs5n54yskrg5mmqsn369ep7uys3hah23wnzvvgx6sdea46e
https://medium.com/@beautyon_/pandering-as-policy-d125d002dcb3
The people there need capital and a means to build an emergency market for goods and services like clothing and health care. Best thing "government" could do is back off and let the people build. If there's anyone from Valencia on Nostr, please tell your story so we can get a first hand account. Zaps waiting.
The only one that I can think of is UseNet from the late 80's and early 90's. Everything else, including MySpace, was what I could consider corporate social media.
I can feel the walls of the silos coming down, and that's a really good feeling.
And do what with it?
My problem with the idea of a Strategic Reserve is that the money doesn't do anything. Sure it helps push the price higher, but that only helps those of us who already own it. It makes it harder for everyone else to get it so they can join the party, and it doesn't help anyone.
What would be much better is if the bill required that all Federal Government agencies spend their excess capital at the end of the fiscal year to buy Bitcoin at market price. Or that Federal Government Employees had the option to be paid in Bitcoin. Or that State Governments are encouraged to also accumulate and use Bitcoin with any and all budget surpluses. Or ...
There is just so much that needs to be done, and spending tax dollars to make "number go up" is sort of a waste.
Running raw IPFS software is way too complicated unless you're super dedicated. But IPFS Desktop just runs in the background and the interface is crazy easy.
I am not a coder. Things have gotten way to complicated for me to do anything with it now. I just don't have the ability anymore.
Anyone can access IPFS content via the web. Anyone who wants to help host can download IPFS Desktop for free and copy/paste the CID's for content you want to host. And you can upload ANYTHING.
I would love the ability to import my full social media history from all of the other services, and have it appear in Nostr like it had been there the whole time. We can request a download from FB, X, and the others, we just need a way to upload that archive to a script and have it spit out the Notes and Other Stuff with a timestamp to when it was originally posted.
U.S. Bitcoin Reserve
https://bitbo.io/news/lummis-bitcoin-reserve-trump/
Posted via 🛰️ #Satcom (https://satcom.app)
The only way it makes sense is if they buy until $1.00 = 1,000 sats and then LOCK the value of the US Dollar to Bitcoin. Then it would mean something.
If they just buy to buy and hold, it helps the price but doesn't help the country much.
This is the best breakdown, hands down. Even if you don't like the elections, you'll still learn something.
https://video.nostr.build/1994e6972f5486b38d46c9c041550b1f4f2b1f8bc2c06c1da8a17fd4a322bf6e.mp4
OMFG this was brilliant.
As we move into the day, please remember the immortal words of Abraham Lincoln:
Be Excellent to each other, and Party On, Dudes!
After what I've learned about the money going "to Ukraine" and "to Israel", I'm just about ready to give up on the whole thing.
The realization that prices are not going up, the value of the POS currency I'm forced to use is being intentionally devalued.
The most important aspect of critical thinking is the act of questioning our own assumptions when presented with evidence that is counter to what we expect. It's easy to raise shields and cast protection spells against anything we don't know how to deal with. It's harder to lower those shields and allow the evidence to lead us to updated and refreshed conclusions.
nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr I'm seeing nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg working MUCH faster today. Thanks to whatever magic spells your team is casting in the background.
Although, the feed isn't processing npubs correctly for some reason in the main feed.

nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr I'm seeing nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg working MUCH faster today. Thanks to whatever magic spells your team is casting in the background.

