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Whenever Pete has come out swinging on any issue it's safe to say the opposite is worthy of serious consideration.

He has demonstrated terrible judgement time and time again. nostr:note1gnqfzfk65g2wkrqppa4wp8ez5slywlyluzmdctxkj5mx2yelymjqn7czfp

One of the more interesting and peculiar aspects of #bitcoin is that it self selects away from people with grandiose ideas of themselves. nostr:note1njtwnxjcmllae43yxw5x47nrfd57trc03mejwxccrpks5jakvz7slqmr8y

So much truth in this. The evidence is everywhere. nostr:note1p7qz0hw8ce2z22kpc9p8txu2f2r9uy0vkg2xllseewhl57chrp4q4xek6a

Yes you are likely right. A lot of half baked bitcoiners are likely to roll over throughout this bull run and just hold an ETF claiming it's 'all too hard' re nodes. Tis the season for weak minds. Technologically we are likely to see a lot of advancements allowing nodes to be baked into many dual purpose widgets so I'm not fearful of the long term growth trajectory in nodes.

Replying to Avatar Diesel

"Time Preference”- 32nd Edition

1) # Full nodes (reachable) - 15,407 (-3.13%)

2) # LN nodes - 13,781 (+0.14%)

3) LN capacity (BTC) - 4,981 (+0.63%)

4) BTC addresses > 1M sats - 12.60M (-0.15%)

5) BTC addresses > 10M sats - 4.57M (-0.05%)

6) BTC addresses > 100M sats - 1.020M (+0.00%)

7) Hashrate (EH/s) - 556 (-1.94%)

8) Price - $42,570 (+1.29%) (Sunday close)

9 Price/Hashrate - 77 (+3.30%)

10) Michigan businesses accepting BTC (btcmap.org) - 15 (-16.67%)

11) Routing Events - 577 (+194.39%)

12) Routing Sats - 1,379 (+198.48%)

* % change figures from prev.

Happy Monday, we're enjoying like the 4th day in a row of sunshine here in West Michigan. It's rare this time of year so am going to make sure I take advantage of it outside today.

Full nodes drop again for the 4th straight week! We're at the lowest level since I've been doing this well over half a year ago, now down almost 15% since ETF launch. Anyone know what's going on here? #asknostr

Not a lot else to speak of but I think the above is an important metric to continue monitoring. The LN nodes and capacity stats have barely moved from #mempool.space in like well over a month, not sure what's going on there but I don't really trust those numbers right now. Routing activity volatility continues, both fees and events over doubled from the previous week. No clue as to how or why these stats move the way they do but I guess it's fun to monitor.

I'm a little cautious here on price action at least through the halving. We can't seem to get back over the $43k mark decisively and quite honestly need a couple months of consolidation in my opinion. Plus, the USD and interest rates are quite honestly scaring the shit out of me right now. Long term, nothing changes but short term we know a strong dollar an increase in rates are not friends of any commodity, especially the orange coin. Let's see. (queue a run up to $70k now that I've said that???)

Have a great week!

#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

I have three full nodes currently offline as I'm moving around exploring options. Not saying this is the answer but I do wonder if nodes do come and go depending on how nomadic people are. In my case it's a bit of laziness in the short term!

So good. 😂🤣😂🤣😂🤣👍🏻👍🏻👍🏻👍🏻 nostr:note1mx5z43y6u8ph5jhsz7yzs9xte0faetx79xf404p29wa2stadmkusqp2qq4

I think it's different from this. I think it's not just escapism as such but more a longing to communicate through time. To connect our minds in this age to those of a future time. Humanity longs for this.

#Bitcoin is a version of this. Not art but value. It's our first chance for everyday people to properly provide for their descendants. I throw my purchasing power forward in time with love. nostr:note1m4aqjvq0vevgplh2sru0searceh4l4da9m329585rt8hqc9le02qg3c29n

No self destructive post exercise regime is complete without one!

Yeah but the four donuts and zinger burger afterwards probably undid all that hard work right?

Anyone touting their successful strategy to 'own the facts' which is really just masked declaration of 'controlling the narrative' is obviously evil as fuck.

Know your enemy. nostr:note1yuz36sv3ldw047v6dtugy8qah0gn29y0848znxq3a533mpscyh2qcyzdqp

It's tough with a young family. I'm going to let things settle for a few more years. I want to see more capital deployed (beyond just apartment building). One day for sure 👍🏻

Two full Satoshis to anyone who can use the water current, offshore rock formation, cloud patterns and tree foliage to dox NVKs geo locale 😝

You can say and do whatever you want on Nostr. The onus is on you to create the community you wish to see. Not one #bitcoiner will ever fight you on your right to participate.

However it is you with an ideological neediness here. You literally hijacked this thread to distort the discussion. It is you who has no fundamental understanding of the global monetary system and the ecological benefits of divorcing overselves from it. It your lack of understanding of the absolute CRITICAL need for bitcoins proof of work consensus mechanism.

Contrary to your narrow mindedness bitcoiners care about this world. Certainly more than an existing actors in the legacy financial world.

You actually attack the very people that ultimately seek to deliver the world you claim to crave. The irony is truly moronic.

Sound words. Based. nostr:note1038pn7ulp5uvzuggqy6ynncgevpzf5n49r8a8tsr703au7dpprsshwnr7q

Literally got six words in. 'Economic estimates'. Utterly laughable.

Targeting bitcoin mining for its .04875% theoretical at best contribution to greenhouse gas production is intellectual fraud.

Huh? What the fuck are you even talking about? The ecological cost of #bitcoin as a global reserve asset is infinitesimally small relative to the ecological impact of the existing inefficient, unfair and ancient financial tech network. The gains of seeding our civilisation with a proof of work money is obvious to anyone willing undertake the analysis with intellectual honesty.

Nostr is great. Bitcoin is great. Both will thrive from the forest floor after the bushfires of the existing system burn themselves and everything else to the ground.

Replying to Avatar Relai 🇨🇭

Hi nostr:npub1a7uxzn9z4v232tll5ef30ghl32j4d2wvnvcj6a6gzvzzklu0z8tsa3t2ea 👋🏻

We're currently available throughout Europe for Android and only in some countries for iOS. Please click on this link for more details:

https://support.relai.app/en/articles/5658100-is-relai-available-in-my-country

As soon as MiCA goes into effect we will be among the first to apply for it, so we will be available throughout Europe for both operating systems.

Do better. Your 'reach' hasn't changed in some time. Find a way to push into markets. That should be your sole focus right now. Your platform and value proposition is mature enough. The game you are playing is penetration. Nothing else matters. If you are restricted by delayed and obscured regulations in Europe then pivot into Africa. Relai should be trying to land itself in every jurisdiction that offers ease of entry. Still love what you do but yeah want to see you go further.

We are going to have to fight for #bitcoin. Not figuratively. We literally will have to find a way to move in unison in a decentralised way to evade and outsmart centralised totalitarian govts for long enough to outlast the dying breaths of their own imploding system.

It is the only way. It will happen. And if you are sitting there on your couch thinking you are just going to be given the keys to the city you are quite simply a delusional young or old man.

So many of you are going to give up your bitcoin and turn off your miners and for that I have great degree sadness. Those brave enough to stand tall, most likely those who held the line against Covid, will not live in luxury but in peace knowing they will pass on to their descendants an asset destined to anchor the world into the future for Millenia.

The thing that most people in #bitcoin fail to understand is that most normies do understand decentralisation and are utterly terrified of it. Hate it.

Most normies will prefer govt centralisation racquets for as long as humanly possible and will only come over to decentralised coordination when mass group psychosis directs them too.

So bitcoiners are utterly right in general but wildly wrong about adoption timeframes.

And these normies in the middle of the bell curve will get the price they deserve. Which will actually never be a price of bitcoin as their life will remain denominated in digital fiat currencies pegged to #bitcoin. But their daily lives will never be referenced or denominated in bitcoin. It will be as if bitcoin never existed even though it's fundamentally underpinning all commerce. Normies won't know. nostr:note1ukg33medy730rsphvh8gkv8x0p54qqxk90gnnq306vzytvrgdx7skdzfpa