Tragically stupid. And it’s not like this wasn’t all predictable. But hey - crises precipitate change. For better or worse.

Hey worshippers! I see a lot of bitcoin related iconolatry. Some people are literally worshipping and excessively revering either the idea of bitcoin or the person of Satoshi.

Just a reminder: Bitcoin is the antithesis to blind faith and thoughtless veneration. I am afraid that this level of admiration will overshadow critical thinking or rational consideration.

#bitcoin #veneration #cult #sect #nostr

We’re on the same page here. It then boils down to personal preference and a lucky hand in getting the mix right. Historically, the best „mix“ would have been 100% in bitcoin plus leverage on bitcoin. But then, I am not the greedy type and I value hedging my risks. Also, life tells me that many a times you have it all laid out when you suddenly are faced with an unforeseen event. So I would treat these events as something that is going to happen sooner or later. Which leads me to the conclusion that diversification is prudent. It’s not the path leading to degenerate returns, but I wouldn’t like to consider myself degenerate anyways. We are entering a volatile and increasingly difficult world. The winners my well be those who manage to lose least, rather than those who manage to win most. The one-eyed amongst the blind, if your will.

I think you are right about the price argument. Berkshire stock is 0.5 mio. a pop, but this built up over decades. It may therefore take longer for bitcoin to appreciate further. Also, It’s first and foremost liquidity driven. And it is ultra liquid in itself. During Covid this became clear.

Conviction is good. Your analysis is overly simplistic though in my view. There are stock markets in the world that aren’t as overvalued as the US stock market. While bitcoin is amazing without doubt I always remind myself that it’s the companies that create the actual things we use and consume every day. Gold ha some properties that Bitcoin doesn’t have. Yes, sounds stupid but you can touch it and actually physically give it to someone. You can physically hide it. This is different from seed phrase management and has its own upsides and downsides. Real estate has a utility value und provides something fundamental: shelter from the elements. In summary, I won’t get blinded by digital promises and forget that we live in a physical world by the end of the day. Bitcoin is probably the greatest invention in centuries, but it is NOT the answer to all our problems. To many, but not to all.

No sats for you! Here is some moral encouragement though: “good luck!”

I am with nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev on that. The French government does not care about protecting citizens from criminal offenders. They want to stick their noses in your and my peer-to-peer conversations in order to consolidate their power and get closer to their goal of establishing a totalitarian government a la Louis XIV.

But without Versailles. Unlike the sun king, they might not go back to not taking daily showers. Unless, of course, they seek inspiration from other totalitarian leaders like chairman Mao and decide that taking showers is for only for lowly plebs.

https://www.grunge.com/181873/the-disgusting-truth-about-mao-zedongs-personal-hygiene/

It’s no longer only about internet censorship. It’s about censoring what you are talking with your friends on messaging apps. Thereafter, as nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m has rightly pointed out, it’s about knowing what you are thinking and censoring THAT.

The way I would defend cases like Telegram’s would broadly go like this. And this is also what I am highlighting in public posts and when talking with friends (NOT LEGAL ADVICE):

Lack of Direct Involvement.

No Criminal Intent: The CEO and the company did not create or operate the platform with the intention of facilitating criminal activities. The app was designed to provide secure communication for legitimate users, protecting privacy in line with legal and ethical standards.

Separation from Users' Actions:

The platform is a tool, and the company cannot be held liable for how individuals choose to use it, just as phone companies or email providers aren’t held accountable for criminal activities conducted using their services.

Legal and Ethical Duty to Protect Privacy.

Highlight that end-to-end encryption is a recognized standard for protecting user privacy, and its implementation aligns with global privacy laws (e.g., GDPR, CCPA) and human rights frameworks that emphasize the right to privacy.

Responsibility of Law Enforcement: Argue that while the platform offers encryption, the responsibility to prevent and prosecute criminal activities lies with law enforcement agencies. The inability to access encrypted communications should prompt law enforcement to seek other investigatory methods rather than shifting the blame to the technology provider.

Existing Legal Mechanisms:

Point out that mechanisms like subpoenas, warrants, and mutual legal assistance treaties (MLATs) exist to access certain data legally, and the CEO has always complied with lawful requests within the bounds of the law.

Disproportionate Sentence: Argue that the demanded 20-year sentence is grossly disproportionate, especially given the lack of direct criminal involvement. Highlight the absence of any previous convictions or misconduct by the CEO.

Impact on Innovation and Privacy:

Argue that punishing the CEO for providing encryption technology would set a dangerous precedent, stifling innovation, and undermining efforts to protect individual privacy against state surveillance and cyber threats.

How so? Please elaborate if possible.

It’s very telling how the French government is again pulling „pedo criminal offenses“ out of the hat of the toolkit of defamation. It’s an old and tested strategy.

It’s the same way in which they pinned accusations of rape onto Julian Assange, which turned out completely fabricated.

Do you see what's happening? They are stating an example of intimidation. It no longer matters that we are aware that they are lying. It no longer matters that everybody sees through the fact that this is not about children or victims of fraud or AML.

This is about warning you that you better shut your mouth.

https://m.jpost.com/breaking-news/article-816149

#nostr #firstamendment freedom #oppresion slander

It’s very telling how the French government is again pulling „pedo criminal offenses“ out of the hat of the toolkit of defamation. It’s an old and tested strategy and I am shocked that people don’t see through it. It’s the same way in which they pinned accusations of rape onto Julian Assange, which turned out completely fabricated.

https://m.jpost.com/breaking-news/article-816149

What currency is that, please? What’s the name?

Don’t get carried away by your emotions. It’s important to stay calm in the face of different opinions. If you can’t control yourself, how do you think you will be able to achieve your objectives?

I wanted to know about the Islamic republic’s money you are referring to. Do the have their own currency?

It’s a theme park by the name of DreamWorld 40 minutes from Bangkok city center. But they are just fronts, you can’t access them. No competition there!

I think that’s a shit idea. Do you even understand the conflict? Do you know what your donation will be used for? Just because they are called „freedom“ fighters doesn’t mean they are virtuous. Also, even if they overthrow the junta, do you think they will be able to be a better government? Or will they be the next oppressors, as it happened so often throughout history even recently? I don’t put money into a black box as a matter of principle. You don’t know who you might be hurting, thinking you are helping the „good cause“. Unless of course you really know hat you are doing, but it doesn’t sound like it.

Not sure what you want to say with your post. Can you explain?

Sacrilege! Oprah is a pleb just like you and I. She says so herself. She lost 100 Kg just by herself with NO OZEMPIC AT ALL. She said so.

I WANT TO BELIEVE.

Hallelujah!!!

Love it. I visited this hobbit village, but they refused to offer me hospitality. They hate humans. Most people don’t know about it.