Synchronizing a node has cost me 4 days, of these 4 days 50% has been taken by the last year.

Terabytes of data read on an ssd...if the bullshit inscriptions continue, in 10 years no one will be able to sync a Bitcoin node at home.

As you can see, it is not feasible to increase the block size, nor is it feasible to allow crappy inscriptions in the chain.

Some of you are either dumb or have never run a node and give hypocritical opinions.

Some of us still believe in decentralization.

I'd like to thank the Bitcoin haters for all the free wins that they give us.

grateful for the time, sacrifice, and dedication of all the bitcoin developers around the world.

it’s often thankless work. let’s thank them today.

After passing the Australian Dollar, we're officially in the top 10

It's been a week since I've been banned from YouTube. Thank you to those who reached out and are helping. Truly appreciate the support.

Dear socialists on #Nostr,

Libertarians and socialists could actually live together without any trouble if it weren’t for socialists always resorting to tyranny and enforcing others into slavery to their system.

There is nothing about socialism (commune living) as a chosen way to live that’s incompatible with freedom. It’s when you decide it’s ok to force your religion onto everyone else by pointing the state gun at everyone’s head, forcing them to pay for a system and people they don’t agree with, making them slaves.

If people don’t agree with your system, leave them alone and live your own life, and you won’t start a war. 😁👍🏻

Cheers

Most people don't realize what a terrifying world we would be living in if the Tor project didn't exist.

we have always been a part of nature, governed by its immutable laws. we create and rely on complex systems—financial, social, and technological—that push us forward, but along the way, these abstractions often distance us from what is real.

throughout history, these constructs have been useful, but they become unstable when they stray too far from nature’s fundamental truths. lies and illusions, no matter how sophisticated, cannot function effectively on a large scale because they aren’t grounded in reality.

the further we distance ourselves from these truths, the more instability—both within ourselves and as a society.

our modern-day financial systems, government, social media, and more have drifted too far from the truth. not the truth handed down by the right person, ceo, or banker, but the truth that is physical, rooted in nature, in who we are.

bitcoin and nostr are part of a broader trend back to this truth, as we find our way in this new digital age. a return to something real—decentralized, unmanipulated, and aligned with the natural order—just like nature itself

Zapping a post is the equivalent of an angel kissing your forehead btw

Important post if you are in the UK 🇬🇧

Plz share with or tag other Brits.

🧵 Thread

A Tax-Efficient Way to Spend Your #Bitcoin While Supporting the Network and Keeping Your Holdings Intact!

One way to spend Bitcoin, help decentralize the network, and move BTC off exchanges without triggering a taxable event is through a strategic spending and repurchase approach.

Here’s how it works ⬇️

Step 1: Spend #Bitcoin at a vendor who accepts it as payment.

This ensures you're using Bitcoin in the way it was designed—as a decentralized currency. You're also supporting businesses that accept Bitcoin directly. 💳⚡️

Step 2: Within 30 days of making the purchase, buy back the same amount of Bitcoin.

This is key to ensuring that you retain your original holdings without being exposed to market volatility. 🔄

The magic behind this strategy is the 30-day rule.

In the UK, this rule prevents you from claiming a tax loss on an asset if you buy it back within 30 days, but it also means you inherit the original cost basis if no profit is made.

By rebuying the Bitcoin within the 30-day window, you effectively reset your position at the original purchase price, meaning no capital gains or losses are realized.

This way, no taxable event occurs, and your Bitcoin stays in your hands! 💼🛡️

Not only does this method keep your tax position intact, but it also moves Bitcoin off exchanges, which enhances decentralization and strengthens the Bitcoin network.

You continue to hold Bitcoin with your initial cost basis, tax-free. 🏛️🔐

In summary:

Spend BTC at a vendor

Buy back the same amount within 30 days

Maintain your original cost basis, avoiding tax implications

Support the Bitcoin ecosystem by transacting on-chain 🌍⚡️

#Bitcoin #CryptoTax #BitcoinNetwork #SpendAndHODL #TaxPlanning

THIS THREAD IS FROM

THIS ACCOUNT;

Stolen from The Secret Investor - Tax accountant on twitter.

Fiat money forces you to worship it if you hope to keep any of it.

Our struggle for sound money is at core, a spiritual one.

CRAIG IS A FRAUD AND A PAIN in THE ASS

JUST IN: Craig Wright is suing BTC Core for £911,050,000,000 😮

“This is based on the difference in market valuation between Bitcoin (BSV) at £50 per unit and BTC at £48,000 per unit, reflecting the financial impact of misrepresentation and resulting market loss.”

meow

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