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humbled for the sake of a better society. very good.

you forgot to mention fuck Vultr. lol

Replying to Avatar L0la L33tz

New UN report claiming mining is a “powerful tool” for money laundering makes zero sense and will be used an excuse to push KYC/AML/Sanctions at miner level – Full story at end of this post.

First, it claims that criminals use “illegal” mining operations to launder money, which literally defeats the entire purpose of money laundering.

Money laundering is done best via businesses that generate quick cashflow – at current hashprice, even if you *did* have free electricity and a all-in hosting cost of 0, one ASIC generates a mere return of ~$6000 over the course of 24 months.

This is particularly true in the fucking LIBYAN DESERT where heat and dust contribute significantly to wear and tear, but I’m sure that the geniuses who wrote this report also take their laptops to the beach.

The amount of nonsense the UN has cooked up here is truly astonishing.

It claims illegal mining operations are hard to detect, which is not just untrue for stealing electricity from the grid, but also for the heat signatures such operations omit.

If you do want to make such operations undetectable, facilities need to be impossibly insulated on the one hand – further diminishing returns on investment – but you also need to utilize off-grid energy.

If these operations use off-grid energy, which the UN names as a power source, then they do not, by definition, contribute to “chronic power outages in Lybia [..] depriving essential services and residential areas”, which the UN also claims, because *they are not connected to the grid*.

An exception to this would be if Bitcoin miners utilized stolen fuel, but then the issue is *people stealing fuel*, not people mining Bitcoin. This further erodes the UN’s claims that Lybia is an attractive destination for “illegal miners” due to low electricity cost, because stolen electricity is *not paid for by definition*.

As widely reported, Lybia’s fuel shortage arises from vibrant black markets. This does *not* happen due to a lack of “anti-money laundering authorities”, or because “bitcoin miners are stealing all the energy,” but because political tensions in the country have ground entire industries to a halt.

If you want to stop people from stealing electricity, maybe next time don’t bomb an entire country back to the Stone Age. You’re welcome.

Full Story: https://www.therage.co/un-mining-money-laundering/

"but I’m sure that the geniuses who wrote this report also take their laptops to the beach" 😂😂

Replying to Avatar FLASH

⚡️💬 WATCH - nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspzemhxue69uhhyetvv9ujumn0wvh8xmmrd9skcqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qddtc35 on #Bitcoin: "Everything you think you own is actually just a lease from the government when they have a monopoly on violence, because they can seize your property at any time."

https://m.primal.net/QTxm.mov

aka stationary bandits.

Replying to Avatar Ben Justman🍷

Buying wine is a Life or Death decision.

No, not for you. For the wine!

Most bottles are filtered to death☠️

While unfiltered wine is alive and vibrant

Breaking down Filtered vs Unfiltered🍷🧵

Big wine companies filter hard.

At their scale consistency is the #1 priority.

Zero surprises. Every bottle has to match.

Boutique producers can play a different game.

We can monitor each barrel, catch small changes, and make decisions in real time.

When you're close to the wine, filtering isn't always necessary.

This isn't just about removing any sediment or haze.

Filtering strips out yeast, bacteria and polyphenols.

These are the pieces that give wine texture, structure, and the ability to change over time.

By removing the part of the wine that makes it evolve.

You’re killing its soul.

Unfiltered wines move.

They open up over hours. They taste different on day two than they did when the cork came out.

Filtered wines do change, but not nearly as much.

There's less inside to react, expand, or unfold.

Filtered wines always look clean.

Unfiltered wines sometimes don’t.

But clarity has nothing to do with character.

And cloudiness isn't the same as flaw.

You can’t see whether a wine is alive.

You have to experience it.

There’s no ingredient label on wine.

No list of added acids or enzymes or concentrates.

But if a winemaker skips filtering, there's a good chance they’re skipping other heavy-handed tricks too.

It’s not a guarantee. But it’s one of the few clues you get.

I'm not here to tell you that "Raw Wine" is your healthy drinking solution.

Unfiltered wine does contain yeast and bacteria, but it's not enough to fix your gut.

However, if you already eat raw honey, drink raw milk, or ferment your own vegetables, this fits within that framework.

Unfortunately, most bottles don’t say filtered or unfiltered.

Many unfiltered wines don’t mention it.

And most filtered wines won’t admit it.

You have to ask. You have to know your winemaker.

Because the best wines still have a pulse and can't be found at the grocery store.

Most wine is filtered to death.

And once you taste Living Wine, it’s hard to go back.

I make Unfiltered Wine in Colorado and am happy to answer any questions.

If this helped you understand wine differently, please help me spread the word by reNOSTing it.

just waiting for the perfect moment to open this one.

Replying to Avatar nicnym

🫣

where is Ashton when you need him.