Michael Powacht
The Austrian
Early bitcoin adopter and educator, open source system integrator, Black Metal lover
Public Key
npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr
Profile Code
nprofile1qqsvqj6esen2hwnqt8mp998hmnspl8egdjph5ll66yem3xpzsa45ducpp4mhxue69uhkummn9ekx7mqprpmhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd5nre4m
Author Public Key
npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Show more details
Published at
2023-09-18T02:42:52+02:00 Event JSON
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Last Notes npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I’m sure he didn’t spend more than 5 minutes understanding money. He’s so ignorant and financially irresponsible his entire family will end up in the poorhouse. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin 🚀 https://image.nostr.build/2b3a6e229edf6c7c1d43c7589403970c45edb0caf43a59e09fbd2c15bf5eb2cc.jpg npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht We live in an age of censorship and ever-increasing dystopian control. Our only way out are decentralized, censorship-resistant free-speech platforms like #nostr and decentralized, confiscation-resistant money like #Bitcoin. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Massive swarm of high profile X’ers flocking to #nostr. 🤝 npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Being back on #nostr feels good. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht The US stock market is an overvalued shitcoin fueled by AI hype. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Central bankers’ worst nightmare 👇 https://image.nostr.build/2cbf5a9a9924c8fca68187e678333bd934e953e98f2211e98dd0bc48536c995a.jpg npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht True happiness lies in the present. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I visited Vienna’s St. Stephen’s Cathedral for Christmas. This Romanesque/Gothic structure was built between 1137 and 1578. I imagine that this is what low time preference means. #Bitcoin https://image.nostr.build/d6b97ce7f582864624f55bf023bb0c14a40794ec4f209654cd0b0e0fc1bf8a63.jpg npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Thoughts on 2024 npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Predictions for 2024: npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht A merry christmas from a mystical place. I already got all the christmas presents I wanted: npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht The fiat elite is scared shitless. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Saving fiat is an uphill battle one can never win. The interest yield never makes up for the erosion of purchasing power by inflation. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Nice #Bitcoin rally, but let’s npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht There you are 👊 npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Fiat is headwind money. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht This is the first time in my life I feel that money works passively in my favor. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Gold was a great inflation hedge. It no longer is. #Bitcoin is digital gold. It’s superior to gold in every aspect. Consider #Bitcoin’s properties: npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Blackrock and others keep meeting with SEC officials to iron out the last wrinkles in their ETF filings. There is not a shred of a doubt that the SEC will approve these #Bitcoin ETFs. It’s no longer a question if, but when. Once approved the flood gates open and institutional investors will pour in to diversify their traditional portfolios. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Please take your #BTC off exchanges. Do it now! npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I see resignation and despair everywhere. Inflation is eating people alive. The fiat standard is modern day slavery, #Bitcoin our liberator. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht The time has come for long forgotten acquaintances, ‘friends’, and family members reaching out. “Remember this Bitcoin thing you told me about a while back?” npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht To WalletOfSatoshi and advertisers: Keep the sats coming. Love it. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Today Argentina gets drunk, tomorrow it starts buying #Bitcoin. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I’m not affiliated with this company but at US$ 69.99 for a bluetooth enabled hardware wallet running open-source firmware, the SafePal X1 is a steal. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht The Argentina effect. Holy cow, BlackRock better hurry to buy those #BTC. https://image.nostr.build/8c9c4daafe6f0483441cee2d35d4890269d9dd97b50aad3b579e900ff3132be1.jpg npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Argentina’s shot at getting out of this inflation hole. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Congrats to Argentina to get out of that inflation hole with #Bitcoin. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 💯 hardware wallets running open source firmware only! npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht More and more people surrender to resignation knowing they can't make it under a fiat standard as inflation eats into their savings. It's a battle they can't win. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht A dystopian world order is inching closer: CBDCs, social credit scores, and now proposed global health certificates. Say no and opt out. #Bitcoin npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 100 years ago, Weimar Republic’s hyperinflation wiped out all citizens. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 100 years ago, Weimar Republic’s hyperinflation wiped out all citizens. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 100 years ago, Weimar Republic’s hyperinflation wiped out all citizens. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Central Banking is modern day slavery. Opt out with #Bitcoin. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht It feels good knowing you’ve done everything in your power to secure your and your family’s financial well-being: npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I’m an atheist but nothing beats the chilled and cheerful atmosphere you experience over a cup of hot punch at a European Christmas market. This year it’s gonna be Munich. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht What was his concern? npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht When purchasing a hardware wallet, choose wisely. An important check box is “Open Source firmware”. If your hardware wallet runs open-source software, any skilled dev can vet the source code for bugs and vulnerabilities. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Shitcoins keep blowing up, one by one, until we understand that there is no second best. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht SEC approval of #Bitcoin ETF this week? npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht When purchasing a #Bitcoin hardware wallet, you are confronted with many options. An important criteria is the device runs open source soft and firmware, not proprietary software. Open source software code can be viewed by anyone in the world. Skilled developers can vet the code for bugs and security vulnerabilities. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht What you are looking at isn’t breakfast about to be eaten, but all the food a couple has left behind, after loading up too much at the hotel’s breakfast buffet. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Have a great Sunday! https://video.nostr.build/ac40d014f03cbbf0b3d2c4f30e24d61eddaccab05fd038f943f0b924e9fb35ea.mov npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Dystopia. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht SafePal X1 has arrived 😁 npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Great to have u on #nostr Peter. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht It's a relief watching the scammers, grifters and their poo tokens being washed out, one by one: npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht US$/THB just hit 1:37, which will result in higher prices for goods and services in Thailand. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht the role and importance of nodes in the #Bitcoin network. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Reading: https://en.wikipedia.org/wiki/The_Brooklyn_Follies npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin for Argentina is inevitable. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I agree with you. Why would anyone exchange sound money for fiat? npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Working on gobbling up all Paul Auster. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I love my father. He passed in 2008. I spent too less time with him while being raised by an abusive step father. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht ✅ SEC singles out #Bitcoin as the only asset deemed as a commodity. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Everyone standing in the way of #Bitcoin and #nostr will get burned. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht done. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Unlike all shitcoins under the sun, #Bitcoin has no attack surface. #Bitcoin is censorship and confiscation resistant. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 💯 #Bitcoin holders have a low time preference. They delay gratification for as long as possible. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht 1 day later… https://nostr.build/i/5b2a04ca193222992e8dcd53a0be113e129e558726f60447f14458dbb3a938ee.jpg npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Sorry dolls, it’s of course 5000 sats. I used a crappy online converter. Won’t happen again. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Never thought about short-selling this this way. eye-opener! Thanks. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I ❤️ Bangkok street food. Large portion of sliced pork dumpling soup with fresh chili for 450 sats. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Is it me, or is the hype around $PEPE fading? My best guess is the shitcoin has been milked dry and is now ready to crash. Shitcoin shills ready to move on to the next. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht I don’t mind if #BTC’s “price” goes up, down, sideways or in circles because npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht ice skating? npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht That’s why they will be replaced by DAOs. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Thanks to #Bitcoin the unbanked and oppressed are being empowered, regaining their financial freedom. It’s a deeply satisfying feeling. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht exactly, it’s called dollar cost-averaging (DCA’ing) and I’m a huge proponent. Stack sats and hold. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Tweet when you touch down. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht People start getting it, but it is a long, rocky and bloody road. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht CBDCs are a reckless violation of my rights for privacy. Everyone defending these rights is my friend. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin is a radical redistribution of wealth. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht In a recent post on Twitter Jim Cramer proudly informed he named his dog Nvidia. I immediately felt sorry for this poor animal because its fate is now sealed. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Love it #Bitcoin Banksys! npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Bangkok dusk npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht luckily there are plenty of alternatives to bury these government sympathizers. They should have never messed with #Bitcoin and its principles. There’s no coming back from this for @Ledger. npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin = npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin, #nostr, #foss, #blackmetal, #programming npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin is digital gold, a store of value and a medium of exchange (Lightning) npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Holy cow LOL npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht Thank you!! npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht #Bitcoin is economic energy and sound money which is npub1cp94npnx4waxqk0kz2200h8qr70jsmyr0fll45fnhzvz9pmtgmeskxnkqr Michael Powacht did you get a twitter dm from #bitcoin conference reg. the bitbox02 prize you won? I didn’t.