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The Asunción Times
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Paraguay’s original and best English-language newspaper

Paraguay: This small node in the south already represents 3.5% of global bitcoin hashrate

Full story:

https://asunciontimes.com/paraguay-news/tech-news/accelerating-bitcoin-2025-forging-a-future-of-finance-and-freedom-in-paraguay/

#Paraguay #Aduncion #Bitcoin

Nostr on the agenda at the Accelerating Bitcoin conference in Asunción, Paraguay 🚀

#Asuncion #Paraguay #Bitcoin #Nostr #Plebchain

May the force be with you 🖖

Christmas Charity Event

Hi everyone, this year we’ll again be doing a Christmas/ or “festive” for anyone of another religion) charity event, this year to provide a party, school fete style, for some kids in one of the poorest area of Asunción - the area on the riverbank between the Palace and Lambare, which gets flooded every year and makes thousands of people homeless each time.

There’s a volunteer charity which runs a school down there with 150 kids of all ages. Unlike last year where we arranged presents for kids in a hospital, the charity has requested not to bring different gifts for different kids (to prevent jealousy/unfairness etc), but instead to spend some time with the kids, and bring lots of food to share (ideally as much as you can carry), pot-luck style, and help them have a fun day which they usually don’t get the opportunity to have.

The kids will be split into two groups, younger and older, one in the morning, one in the afternoon, and all of them will have the chance to meet some foreigners (us), under full supervision, in the school and its playground, with a bit of music, some playing football, some just hanging out and listing to us talk about our countries, our jobs, and answering any questions they have. For many, it will be the first time they’ve interacted with people from around the world, and have probably never even heard of some of the jobs we do. Hopefully we can plant some seeds and open some minds to new possibilities 🙌

There is no cost, other than your time, and as much food as you are able to bring to share - if you can make something from your home country that would be great, but even something bought from the supermarket will be an improvement on what these kids normally eat.

Donations will of course be accepted by the charity directly, and there is also a “shop” where you can buy things made by some of the kids and their families - they make art from items sourced from the rubbish dump nearby (these kids live in the area where all our trash ends up dumped next to their “houses”, which flood every time the river bursts its banks.

Capacity is limited due to space, but we hope to have groups of people turn up at different times throughout the day, bringing food, meeting the kids, and seeing what their life is like, just a few kilometres from all our fancy modern apartments.

This is being organised between this Asunción Digital Nomads community and the Bitcoin Paraguay community (and of course the charity which works to help these kids every day of the year), if you want to meet one of the charity organisers, hear their story, check them out, etc, there will be a presentation at the monthly Bitcoin Paraguay community meetup at Palo Santo this evening from 7pm onwards, so come join (the monthly meet-ups are aimed at beginners to Bitcoin, as well as long-term bitcoiners - everyone is always welcome).

More details about the charity event will be provided in here later, the planned date for the fete/party is Weds 18th December.

Last year we had a huge turnout with a much smaller community, so please join us in doing something nice for some of the least fortunate of our neighbours in Asunción 🙌

More to follow over the next few days, and hope to see lots of you there tonight ❤️

#Asuncion #Paraguay #DigitalNomads #Nomads #BitcoinParaguay #Bitcoin #BTC #Charity #Christmas #Join #Help #Love

*For Sale:* One set of Laser Eyes

*Condition:* Used

*Reason:* Not needed anymore

*Location:* Asunción

*Selling for:* BTC Lightning

*Price* Highest offer

#Asuncion #Paraguay #Bitcoin #LaserEyes #BTC #Plebchain

*For Sale:* One set of Laser Eyes

*Condition:* Used

*Reason:* Not needed anymore

*Location:* Asunción

*Selling for:* BTC Lightning

*Price* Highest offer

The Heart Of Paraguay Turns Orange!

Find out how the Bitcoin Paraguay community is bringing in small independent businesses to the Bitcoin lightning network, and helping their businesses grow 👇

https://asunciontimes.com/lifestyle/exploring-paraguay/the-heart-of-paraguay-turns-orange-a-miracle-one-year-seven-months-in-the-making/

#Paraguay #DNC #Asuncion #Bitcoin #BTC #BitcoinParaguay #CentroGrill #SatoshiDNC #OrangePill

✨ Ready to mix business with pleasure, with other English-speakers in Asunción? Join us for an unforgettable experience at Mosconi Pool Bar, for Afterwork English Networking in Asunción!

🔥 Whether you’re looking to expand your network, meet people from around the world, or just enjoy a laid-back evening, this is the perfect event for YOU!

🚀 Meet inspiring professionals, entrepreneurs, and go-getters; share exciting ideas, and open doors to new opportunities in a fun, friendly setting!

🥂 Bring your positive energy, grab a drink, and lets make meaningful connections in a relaxed, vibrant atmosphere! It’s not just networking – it’s about building friendships that last!

🗓️ Date: Tuesday 26th November 2024

⏰ Time: 6pm – 9pm

📍 Venue: Mosconi Pool Bar, Asunción

🇬🇧 Language: English

🎟️ Price: Free entry (optional food/drinks consumption)

📰 Organised by The Asunción Times – follow us on Instagram here!

🌟 Don’t miss out on the opportunity to be part of the most exciting event for networking in Asunción!

#Asuncion #Paraguay #Afterwork #English #Networking #MosconiPoolBar #TheAsuncionTimes

New investors are willing to overpay now, for the future returns, on the basis that future investors will also overpay, because it works. Bizarre in some ways, makes perfect sense in other ways. All the figures are published and audited, it’s unlikely that the people buying MSTR don’t know that the current market cap is roughly 3x the current BTC holdings’ spot price. How does one accurately value a company that can raise capital at 0% to buy BTC? Some might say it’s currently underpriced, even at 3x book value…

Astra-Lab opens applications to support entrepreneurs in the space industry

Paraguayan company Space Latam has launched Astra-Lab, the first pre-incubation program for space-focused start-ups in Latin America!

Full details below 👇

https://asunciontimes.com/news/science-news/astra-lab-opens-applications-to-support-entrepreneurs-in-the-space-industry/

#Asuncion #Paraguay #Space #SpaceIndustry #Science #Astra-Lab #SpaceLatam #Incubator #MayTheForceBeWithYou

Winners Announced for The Asunción Times Writing Competition 2024!

From a wide range of entries all focused on "My Favourite Place in Asunción", three Paraguayan students emerged victorious - click the link below to get an idea of the quality of young Paraguayans soon to enter the workforce, as well as read about the places they love in Paraguay's capital city.

https://asunciontimes.com/lifestyle/life-in-asuncion/winners-announced-for-the-asuncion-times-writing-competition-2024/

#Asuncion #Paraguay #WritingCompetition #MyFavouritePlace #Introductions #Creatr

KuñaTIC offers free courses to empower girls and women in science and technology

The KuñaTIC project's free courses are aimed at girls, adolescents and women between 13 and 18 years of age, with the aim of empowering them in the areas of Science, Technology, Engineering and Mathematics (STEM).

The program starts on Saturday, October 5 and will run until November 2. Full details below 👇

https://asunciontimes.com/news/tech-news/kunatic-invites-free-course-to-empower-girls-and-women-in-science-and-technology/

#Asuncion #Paraguay #STEM #Science #Technology #Engineering #Mathematics #FreeCourse #Girls

Public Auction of Seized Property in Asunción: Vehicles, Machinery and Buildings Available

The National Secretariat for the Administration of Seizure and Commissioned Property (Senabico) has invited citizens and residents of Paraguay to participate in their next public auction of seized property, which will take place on October 9.

Buildings, agricultural machinery, cars from various brands and other high-value items will be offered. Full story below 👇

https://asunciontimes.com/lifestyle/things-to-do/public-auction-of-seized-property-in-asuncion-vehicles-machinery-and-buildings-available/

#Asuncion #Paraguay #Auction #SeizedProperty #WenLambo

Digital Nomads & Expats in Asunción, Paraguay are having another social meet-up on Thursday 26th September at Sacramento Brewing Co!

These events happen every two weeks, on a Thursday, at different bars around Asunción, are open to everyone, and usually have 40-50 people attending from a wide range of countries.

No reservation needed - just turn up! And entrance is free, just pay your own bar bill of course. It starts at 7:30pm and runs for several hours.

Map link below 👇

https://maps.app.goo.gl/yWmzfG1PXeU7L8Lt6

#Asuncion #Paraguay #DigitalNomad #Nomad #Expat #Event #Meetup #Introductions #Social #BeerO’Clock #Sacramento

Read, think, sleep, repeat

Shorting any asset is agreeing to sell it at the current price(ish) on a future date. So yes, a bet that it will go down in value. Doing that without having a corresponding right to own the asset is “naked short selling”; doing it with either ownership of the asset or at least the contractual right to own the asset is “covered short selling”. Naked short selling is mostly illegal on many developed markets (including the US, although the wordings around “right to own” are a bit weak).

Either way, no new units of the underlying asset are created, and for every agreed sale of a unit, a purchase of a unit is also agreed (as you say above), so the net difference is zero, every time.

The ones buying the contract don’t own the asset until the strike date. So you don’t have two owners at the same time. One owns the asset, the other owns a contract to buy the asset in future.

When market events turn against market participants (such as during a “short squeeze”, the pressure is on the short sellers, not the underlying asset itself. The short sellers may get wiped out, or go bankrupt, or not be able to pay their debts, but the asset itself is unaffected - the market price of the asset might change, but there is no change to the asset itself, nor any change to how many units of it exist.

There are two types of broker/custodian - fiduciary (sometimes called “full service”) and non-fiduciary.

Full service ones (such as Interactive Brokers) give you the option to allow them to lend/repo your assets in exchange for a cut of the fees they generate, or not - your choice. Customer assets are segregated from company assets.

Non-fiduciary brokers (such as Robinhood) are basically just borrowing your funds, don’t have that separation, can do what they like with your money, and are basically just promising you you’ll get what you expect, as you describe. Best avoided, and not the only option available.

Digitalisation of exchanges makes it easier and quicker to do all of this, but it didn’t herald the start of this - short selling is just a sales purchase agreement, a contract. Contracts have existed for millennia.

Sometimes people sign contracts they then can’t deliver on - this is counterparty risk. It’s part of the free-ish market though, and nothing to do with governments, fiat currency, central banks, etc. The vast majority of trades and contracts are by and between private individuals and companies 🤷‍♀️

Yes options are different - and yes that’s how short-selling works (although it can be done without borrowing the asset, if it’s already owned), but how is this a function of a fiat currency system, or a government?

It’s private individuals/companies/banks doing this, between themselves?

And happens just as much on DeFi markets as it does on CeFi markets?

And happens with all sorts of different assets?

And presumably the only way to prevent it would be additional market rules to ban it…?

Nice 🙌 With the Nostr side, were you thinking that the relays are elevating the person? Or the person is pulling up the relays? Or the relays are pulling the person along like a pack of steerable husky dogs? Or something else?