SeaSonic officially recommends using a hair dryer to bend your RTX 4090 power cables before installing đ¤
How to maximize anonymity when accessing the internet on mobile
https://nethemba.com/how-to-maximize-anonymity-when-accessing-the-internet-on-mobile/
Yesterday I saw the movie Dumb Money about the history of GameStop and WallStreetBets.
WallStreetBets made all the mistakes you can make, what they did was not unlike pummping a shitcoin.
Bitcoin is very different from all that bullshit stocks, they may crash the price of Bitcoin but they can't stop people from still buying and selling 24 hours a day through decentralized and p2p exchanges and no one can steal or freeze your bitcoins if you have them under self-custody.
WallStreetBets may have ruined a couple of investment funds and made a small splash, but they didn't change anything.
Focus on what's important, #Bitcoin
Good morning!
One thing I didn't like about myself, is that I got into sterile debates mostly with monero or samourai people.
We are all in the same boat, it was stupid of me. Everyone is free to use whatever privacy tool they want as long as it does not infringe on the freedom of another.
Instead of fighting we should face the problem together, I apologize if I have offended anyone at any time.
Without privacy there is no freedom.
The same thing happens to me đ
GTA 5 source code leaks online, giving Rockstar a huge blow on Christmas
by @LauraLoomer
"TMobile has quietly updated their TOS to include fines for content they donât agree with.
Beginning on January 1, 2024, they will be fining users who commit perceived violations on their bandwidth.
Who knew in America that the phone providers would now be policing the content of your text messages to fine you.
S.H.A.F.T. is an acronym that stands for Sex, Hate, Alcohol, Firearms, and Tobacco. It outlines the categories of text messages specifically regulated due to moral and legal issues and is monitored and enforced by the Cellular Telephone Industries Association (CTIA) and the mobile carriers.
Who gets to determine what is and isnât âhatefulâ?"
Merry Christmas friends!
Today I have completed one year in Nostr, I have never been a participant of social networks because I value my privacy too much, but it was worth a try in Nostr.
Nostr is not a social network, Nostr is a protocol that represents freedom of expression and for freedom of expression you have to fight in the same way you have to fight for Bitcoin.
They are all sides of the same coin, Freedom.
Full text of new Economist article:
"Why bitcoin is up by almost 150% this year"
Chopping off their heads does not work: cockroaches can live without one for as long as a week. Whacking them is no guarantee either: their flexible exoskeletons can bend to accommodate as much as 900 times their body weight. Nor is flushing them down the toilet a solution: some breeds can hold their breath for more than half an hour. To most, roaches are an unwelcome pest. Their presence is made all the worse because they are indestructible.
An unwelcome pest is how many financiers and regulators would describe the crypto industry. Criminals use cryptocurrencies to launder money. Terrorists use them to make payments. Hackers demand ransoms in bitcoin. Many crypto coins are created simply so their makers can make off with the money.
The industry also appears to be indestructible. Crypto prices were crushed by higher interest rates in 2022. The industryâs head has been chopped off: Changpeng Zhao and Sam Bankman-Fried, the founders of the worldâs biggest and second-biggest crypto exchanges, now both await sentencing for financial crimes (breaking anti-money-laundering laws and fraud, respectively). Regulators are cracking down. Yet not only has crypto survived, it is once again soaring: bitcoin climbed to a two-year high of almost $45,000 on December 11th, up from just $16,600 at the start of the year.
What is going on? For one thing, indestructibility is built into the technology. Bitcoin, ether and other coins are not companiesâthey cannot go bankrupt and be shut down. They employ blockchains, which maintain a database of transactions. Their lists are verified by a decentralised network of computers that are incentivised to keep maintaining them by the promise of new tokens. Only if the tokens fall to zero does the whole architecture collapse. And there continue to be lots of reasons to believe some crypto tokens are worth more than nothing.
The first is that holding crypto is a bet on a future in which use of the technology is widespread. People in despotic countries already use bitcoin and stablecoins (tokens pegged to a hard currency, like the dollar) to store savings and sometimes to make payments. These could be used more widely. Artists and museums are still creating or collecting non-fungible tokens (nfts). As are those looking to flog an image. Donald Trump is selling his mugshot for $99 a piece. He plans to have the suit he was booked in cut into pieces, made into cards and given to punters who buy at least 47 nfts in a single transaction.
During the boom times, the crypto industry raised a lot of money and hired plenty of smart developers. Those that remain are working on new uses, like social-media applications or play-to-earn games. Perhaps these will never be widely adopted. But even the small chance that they work out is worth something.
The second reason is that, with each boom-and-bust cycle, it becomes clearer crypto is not a bubble like tulip mania in the 1630s or the craze for Beanie Babies in the 1990s. Although bitcoin is a volatile asset, its price history looks more like a mountain range than a single peak, and appears closely correlated with tech stocks. Yet it is only moderately correlated with the broader market. An asset that swings up and down, and not in parallel with other things people might have in a portfolio, can be a useful diversifier.
That bitcoin has established itself as a serious asset seems to be the source of the latest surge. In August an American court ruled that the Securities and Exchange Commission, Americaâs main markets regulator, had been âarbitrary and capriciousâ when rejecting an effort by Grayscale, an investment firm, to convert a $17bn trust invested entirely in bitcoin into an exchange-traded fund (etf). Doing so would make investing in bitcoin easier for the average punter.
In October the court upheld its rulingâin effect ordering the sec to give way. The biggest fund managers, including BlackRock and Fidelity, have also applied to launch etfs. Given the returns bitcoin has offered in the past, and its correlations with other assets, the result could be a rush of cash into bitcoin, as even sensible investors consider putting small slices of their pension pots or portfolios into crypto for diversification.
Many feel instinctive revulsion when they spy a roach. But in spite of their flaws, the bugs have usesâthey turn decaying matter into nutrients and eat other pests, such as mosquitoes. Crypto has its uses, too, such as portfolio diversification and keeping money safe under despotic regimes. And, as has been shown, it is just about impossible to kill.
"If you think todayâs moment in history is special, take a gander at the above chart, which shows the Gold value of various global reserve fiat currencies over time. Fiat always trends to zero. No political system is able to resist the siren song of printed money."
nostr:note1t0dqaxfydtszuwvkgtqwzrzl8lnwehkw5aretre7dk48gfektf9qsy3vkl
"Fundamentally, if ETFs managed by TradFi asset managers are too successful, they will completely destroy Bitcoin. This prediction is based on an important subtle yet profound difference between Bitcoin and every other monetary instrument humanity has ever used.
Every other monetary asset human civilisation has ever used exists physically due to natural laws. Gold as a substance is Gold not because we say it is, but rather because of an arrangement of atoms. The interactions between these atoms are governed by universal laws. Fiat, which is some mumbo jumbo printed on a piece of paper, is still a physical sheet of matter. A piece of paper is still paper regardless of whether you believe it has monetary value. If you dug a hole and deposited gold and reams of paper and came back in 100 years, the gold and paper would still exist. Bitcoin is completely different.
Bitcoin is the first monetary asset in human history that exists only if it moves. After Bitcoin block rewards hit zero around 2140, miners will only be rewarded for validating transactions via transaction fees. That means miners will only receive Bitcoin income if the network is used. In essence, if Bitcoin moves, it has value. But if there was never another Bitcoin transaction between two entities, miners would be unable to afford the energy it costs to secure the network. As a result, they would shut off their machines. Without the miners, the network dies, and Bitcoin vanishes.
Blackrock, the worldâs largest TradFi asset manager, is in the asset accumulation game. They vacuum up assets, store them in a metaphorical vault, issue a tradable security, and charge a management fee for their âhardâ work. They donât use the things they hold on behalf of their clients, which presents a problem for Bitcoin if we take an extreme view of a possible future.
Imagine a future where the largest Western and Chinese asset managers hold all the Bitcoin in circulation. This happens organically as people confuse a financial asset with a store of value. Because of their confusion and laziness, people purchase Bitcoin ETF derivatives rather than buying and hodling Bitcoin in self-custodied wallets. Now that a handful of firms hold all the Bitcoin, and have no actual use for the Bitcoin blockchain, the coins never move again. The end result is miners turn off their machines as they can no longer pay for the energy required to run them. Bye-bye, Bitcoin!
It is beautiful when you think about it. If Bitcoin becomes just another state-controlled financial asset, it dies because it isnât used. The death of Bitcoin then creates space for another crypto monetary network to grow in its place. This network could just be a reboot of Bitcoin or something different that is an improved adaptation of the original Bitcoin. Either way, the people will once again have a non-state-controlled monetary asset and financial system. Hopefully, the second time around, we will learn not to hand our private keys to the baldies.
To that end, when thinking about surviving the ongoing fiat debasement, you must choose a side. Either you are trading a financial asset to earn more fiat, or you are trying to preserve wealth in energy terms alongside using a financial system outside of the stateâs control. In the former case, trade ETFs to your heartâs content. That is why they exist. In the latter case, you must buy Bitcoin and withdraw it from the centralised exchange to your own self-custodial wallet."
nostr:note1t0dqaxfydtszuwvkgtqwzrzl8lnwehkw5aretre7dk48gfektf9qsy3vkl
Merry Christmas to all
It has been a wonderful year at Nostr and a wonderful year for Bitcoin as well. What else can I tell you, Bitcoin is just an algorithm, but an example to follow in your lives, never give up, never stop looking forward, you can lose battles but not the war.
Social democracy/socialism/communism benefits the irresponsible person.
Anarcho-capitalism benefits the responsible person.
In the next 100 years we will not see a self-aware AGI.
I believe in the Orch-OR hypothesis which states that consciousness is a quantum process and therefore we can only obtain self-aware AGI through quantum computing and current quantum computing is far from what it claims to be.