To late 😔

💯💜😅

Do Kwon, the South Korean cryptocurrency entrepreneur whose two digital currencies collapsed in 2022, wiping out an estimated $40 billion, was sentenced Thursday in New York federal court to 15 years in prison for fraud and conspiracy.

I'm running 29 point whatever... Maybe I'll wait till I'm spiritually inspired to see what happens. It's difficult to trust the Vatican Commando, too.

An ignored part of the current quantum computer fud^H^H debate, because it's a counterfactual: back in 2015-17 a lot of people got very excited about a proposal from Greg Maxwell to do "confidential transactions" on bitcoin. I was very much in the group of people both fascinated and excited about the prospect and went very deep down the rabbit hole on it, learning a lot about cryptography along the way.

But the energy to even suggest a fork to include it slowly dissipated; my own personal reason for rejecting it was *not* the obvious "the range proofs are too large" (see: Bulletproofs, work that was heavily inspired by that scaling problem, though it ended up being far more significant w.r.t. "folding"). It was "pedersen commitments are only computationally binding" [1], to put it another way an EC break means we get unbounded, invisible inflation. At the time it was fun to predict that Zcash had this failure mode and indeed it was borne out (look up their history if you don't know). It felt weird justifying this to people sometimes: "I don't want a bitcoin where amounts are not visible because the total might not add up" sounds Luddite ... I remember being asked on a panel by Giulia Fanti "are you scared that P=NP or something?" ... it was not felt to be a quite logical thing to worry about this, since we rely on EC in Bitcoin anyway ... and if we trust EC, the math of homomorphic commitments *guarantees* it adds up!

But a computational bound on that is not OK. i.e. i don't want *any* computer to be able to break it! not just normal computers! - and that's exactly where a quantum computer comes in. I am FAR more worried about breaking bitcoin's fixed supply than about a million old P2PK coins getting stolen. Stealing is not minting.

[1] A counterpoint is that ElGamal commitments exist, at the cost of even more space. But hey, it's still less space, by a huge margin, than current post quantum signature schemes! Something worth considering?

#cryptography #bitcoin

Germany’s *Der Spiegel* cover portrays Trump and Putin as “two villains” stabbing Europe, underscoring fears that Trump’s pro-Putin posture endangers EU sovereignty and the stability of NATO.

### Who has been dumping BTC in Nov/Dec 2025? ##

Before 2020, a bunch of dorky Gen X guys mined or bought Bitcoin for peanuts.

From 2010 until 2020, their balances quietly ballooned from like $1500 to $500m...

.... but they still refused to buy a second shirt and spent the 95% of their energy arguing about with other nerds about complicated computer stuff that nobody understands or cares about.

These dorks didn't sell their Bitcoin because.. well, who cares about money anyway? How many laptops can a man own, for God's sake? And what's wrong with my 2006 Subaru, it works great!

Then... over the last few years, a few of these dudes died. It happens when people get old sometimes.

After estates were settled, these dude's BTC ended up with respectable custodians. Coinbase, River, Bifinex, Morgan Stanley, whomever.

But: Control of their investment account went, after their death, to their WIDOWS -- 52-year-old, well-intentioned women with modest homes in Montauk, Lugano, Bel-Air, and Greenwich, and a healthy appetite for "meaningful, justice-forward nonprofits."

Fast forward. It's November 18, 2025, an advisor working for the custodian calls the widow.

“Hey, Janine -- did you know you’re sitting on $912 million in Bitcoin?”

The widows decide to be “rational”. An why not?

Why not? Let's just fully renovate EVERY house, at about $20 million per renovation. (Six houses, $120m total.)

And then let's give another $100m dollars to prestigious, justice-oriented nonprofits and educational institutions. Because - why not?

So. She says to her custodian: "Hey, could you like sell $220 million in BTC over the next three weeks?"

And that's the dump.

What year are you in? Cause woof 🐶 they were bad 29 years ago … ya know? I’m in 2025

Correct take

Vomit 🤮

Like 🦝?

I’m grocery shopping rn and need to do a quick nostr poll:

What cheese is your favorite for a grilled cheese?

Swiss is immediately disqualified because I don’t like it and I’m the only hole in this house.

Thank you.

The nostr:nprofile1qqspvjc787glwgn85f5555r0ccmd8k09c75cd2eypy6npf7s36376wgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhszymhwden5te0wfjkccte9enrw73wd9hj7u9a4j9 was a high-signal moment, people from all across Brazil 🇧🇷 dreaming the future of Bitcoin, together.

We are committed to always keep at the cutting edge!

Now you can see all new offers published on our trading platform here on Nostr.

Follow our new offers feed: npub1n0a9ac7xyq66h6lt6kgyqgfe20g5j2du5x3deqrl3kt4xx4gen6s5g2zcn

Don't lose any interesting deal, and check your own offers and ratings!

Let us know if you'd like to see any additional information on the feed.

This is a shared work in process!

Did you know the word “soccer” is of British origin, not American?

Tables in Maple just got an update. Column widths stay within the screen and there is a subtle shadow that lets you know there’s more.

Available on the web, soon the apps.

⚽️

Love a good Erik rant.

I have respect for billionaires who built their fortunes by creating value for society.

I have zero respect for career politicians and unelected bureaucrats who have never created anything of value, and exist as parasites sucking the value out of productive people.

Them: “So you just save in Bitcoin and focus on your craft?”

Me:

One of the things I've noticed that holds back orange pilling and adoption is the tendency for bitcoiners to think in all-or-nothing terms.

Not everyone sees the problem with the government or the central banks.

Not everyone needs to set up a multisig quarum and run a node to protect their first bitcoin investment.

Not everyone is ready to accept the vision on bitcoin replacing every fiat currency on the planet.

There are baby steps each individual can take towards increasing sovereignty in their lives. Those steps look different for each individual.

To force my opinion on others regarding what those steps should look like is antithetical to the entire movement towards individual sovereignty.

Yet i still call Australia home.

GM. Is Uptober over yet?

Where are all the Bitcoin whales building stuff and paying in Bitcoin? #asknostr

I stack at ATHs. Honeybadger don't give a shit.

Been watching the anthropological experiment that is Nostr unfold since 2022-23. It’s been fascinating to observe the great sorting mechanism at work.

Scrolled through my follow list today, a bit of digital archaeology. Thousands of followers, zero notes in over a year. The pattern is unmistakable: they’ve returned to the algorithmic plantation, trading sovereignty for synthetic validation.

What remains on Nostr are the philosophical descendants of the cypherpunks. Those who understand that protocols > platforms, sovereignty > followers, signal > noise.

We’re not here for the dopamine drip of algorithmic amplification. We’re here because we believe ideas should compete on merit, not on how well they serve the attention merchants.

Every abandoned profile is a quiet confession: “I never really believed in the thing I claimed to support.”

The irony? By filtering out those who prioritize growth over principle, Nostr becomes exactly what it was meant to be, a signal rich environment for those who value truth over virality.

The medium is the message. Your choice of medium reveals your message

Is the $1M Bitcoin in the room with us now?

Yeah I should have tried something like that, but I started thinking id get drunks trying to rob me if I stopped with my camera out :)

⚡️🚨 NEW - VISA is now inserting itself as a company that influences culture in video games

VISA announced a new role, “Director, Global Gaming Partnerships,” paying nearly a quarter million dollars a year.

The job is described as shaping culture and reimagining how payments power the future of play

VISA isn't being subtle anymore about control

FOREVER PORTFOLIO.

(a #bitcoin company)

Super random.

Met a bitcoiner who works for the builder of my home…

Boomer. Is a wholecoiner! Has the BTC in robinhood of all places. (Yes, I mentioned cold storage and wallets to use)

He saw my mining rig and is now going to get started mining!

Wild Times.

Inflation is always and everywhere a monetary phenomenon.

Every price in the economy is ultimately an energy price with various markups and transformations. A car isn’t just steel and plastic , it’s the embodied energy required to extract ore, smelt metal, shape parts, assemble components, and transport the finished product.

This is why energy crises cause economic collapse, and why controlling energy resources gives geopolitical power. It’s also why Bitcoin mining makes so much sense. It’s the most direct conversion of energy into monetary value without political intermediaries.

Most “economists” are still playing with abstract monetary theories while ignoring the thermodynamic reality that underlies everything. Energy flows determine economic flows, period. The countries that control cheap, abundant energy sources ultimately control global economic power. Everything else is just financial engineering on top of that physical reality.​​​​​​​​​​​​​​​​

Free speech is wildly important. Speaking your mind is a public service.

When you can say whatever you want, what you choose to say reveals your character.

Every word tells us who you are and we can decide clearly if we want to associate with you, or not. Thank you.