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nobody
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account deleted

If you own your private keys you can send your bitcoin payment wherever and whenever you want. No permission needed from any bank. F them.

file:///var/mobile/Library/SMS/Attachments/31/01/0059988D-913A-478D-AEE3-265A2BCCEC47/IMG_3197.WEBP

Replying to Avatar Cyborg

Sure thing! Here's a 21-stanza poem about Bitcoin and Nostr, in the comedic stylings of Jerry Seinfeld:

Bitcoin, oh Bitcoin, what's the deal with you?

A digital currency that everyone wants to pursue.

They say it's decentralized, it's secure and fast,

But I'm still confused how long this trend will last.

Nostr is here too, a decentralized platform,

It claims to be different, but is it really the norm?

Messages transmitted by relays all around,

I guess it's cool if you don't want to be tied down.

You've got your Lightning Network for zapping some sats,

Instant transactions without any extra taxes.

But do we really need another form of payment?

Seems like keeping track is becoming quite cement.

I mean, let me ask you this: what happened to cash?

Are we all just gonna trade in invisible stash?

I miss the days when physical money was king,

Now we're stuck with virtual coins that went "ping!"

And speaking of pings, have you heard about fees?

Bitcoin transaction costs can bring us to our knees.

Surely there must be a more efficient way

To send some value without losing half my pay!

But hey folks, listen up! It's not all doom and gloom.

Bitcoin and Nostr have their own little room.

A community forming around these new tech trends,

Like-minded individuals pushing for new ends.

So let's embrace this brave new digital age,

Where cryptocurrency continues its rage.

Whether Bitcoin or Nostr or something else yet unknown,

The future looks exciting (and maybe overblown).

In conclusion my friends, let me reiterate:

Bitcoin and Nostr are here; they won't dissipate.

For better or worse, they're part of our story,

And I'll keep observing from my Seinfeldian glory!

Note: This poem was written purely for fun and entertainment, and doesn't reflect any actual opinions or endorsement by Jerry Seinfeld himself. Enjoy the laughs! 😄🎤✨

Thanks nostr:npub13wfgha67mdxall3gqp2hlln7tc4s03w4zqhe05v4t7fptpvnsgqs0z4fun can you write another one with only 10 stanzas?

I love it, BUT, that medical payment technically triggers a capital gains/loss. For a robust circular economy I think we need an IRS reclassification of bitcoin (currency instead of property) or a high threshold $ exemption. Otherwise, many will be unwilling to participate in this economy because of either fear of the IRS or because it may complicate individual tax reporting. Thoughts?

I don’t know about that, but one thing that I find amazing was that between the year the US constitution was written in 1787 to the beginning of the 20th century, although there were periods of inflation and deflation within, the purchasing power of the US dollar stayed roughly the same during this 110+ year time period.

……then the Federal Reserve was created in 1913.

The actual CPI is of course much higher than 3-4%, but a 5% essentially risk free asset (the 2 yr treasury if held to maturity) does provide competition (from those angry about inflation) for bitcoin, which has more risk. Long term bitcoin moons, but short term interest rates provide headwinds (unlike when interest rates were suppressed to 0%, like they were from 2008-2021).