hubertusVIE
Hu₿ertus the Austrian
Bitcredit Protocol:
Public Key
npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r Profile Code
nprofile1qqsz42npvrt6t7lnh75leplg0lqgpa209zz6vcs88uexc974cr0d7lgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz8mhwden5te0dehhxarj9ejkjmn4dej85ampdeaxjeewwdcxzcm93hgpnd
Show more details
Published at
2025-11-14T02:39:28Z Event JSON
{
"id": "5eb34bf66c0d0d609629f9e60d9119890a008f1b092da9cf0ac792179abcbf95" ,
"pubkey": "2aaa6160d7a5fbf3bfa9fc87e87fc080f54f2885a662073f326c17d5c0dedf7d" ,
"created_at": 1763087968 ,
"kind": 0 ,
"tags": [],
"content": "{\"website\":\"www.bit.cr\",\"display_name\":\"Hu₿ertus the Austrian\",\"name\":\"hubertusVIE\",\"banner\":\"https://lh5.googleusercontent.com/SdtFsd3WMKXldepmteXf-eY4Pg-Um8V8e-1i-0f_5H9eRODik-qPGSPHaEjb1h2xkFLotUUGQ-YcidPzY7NwcXc=w16383\",\"about\":\"Bitcredit Protocol: \\nNo more on/off ramps\\nBitcoin for the real economy \\nwww.bit.cr\\n\",\"picture\":\"https://lh5.googleusercontent.com/SdtFsd3WMKXldepmteXf-eY4Pg-Um8V8e-1i-0f_5H9eRODik-qPGSPHaEjb1h2xkFLotUUGQ-YcidPzY7NwcXc=w16383\",\"lud16\":\"[email protected] \"}" ,
"sig": "ab4f42e7c93fcff3561cb04f822618cc4f5e552bae712c4938708c4b4140f9e226250ca9bfcf815729be6288297ebb131329f2ee6ab57b1e22b5a6a54c6b6ad1"
}
Last Notes npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE That transaction rate is a very old status from many years ago. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I agree with Verda Ventures’ thesis in their latest newsletter: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE The "Global Trade Finance Gap" is officially estimated at $2.5 trillion, but unmet financing needs of exporters and importers are hard to measure. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Too few indeed. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE A bitcoin company in the supply chain! npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE That’s very interesting! Are they also still active in the textile supply chains? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Yesterday's Austrian Economics Salon fled Vienna's Hayek Institute in favour of a pleasant open air evening. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE So, you want to understand how Bitcoin can become a true money, a medium of exchange? And what's next? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Madrid 🇪🇸 is quite odd, when it comes to #Bitcoin. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Here is an interesting project to review, now that npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE If they were we’d be dead already. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE “What’s a bill of exchange?” you ask? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE If you want to understand the debt to equity difference: it is in the nature of the institution. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Today’s Bitcoin ETF’s are a temporary aberration. Once Bitcoin monetises and stabilises, it’s just as silly as an ETF which proposes to invest in Euro bills. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Answered under your post. Werner is right on the commercial bank layer but endorses central banks as production layer of credit money. That’s central (pun intended). npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Sure, there are quite a few things to agree with Prof. Werner. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Prove Mises wrong. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I hear that wrong belief often. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Thanks for finding Bitcredit intriguing and from your article we seem to agree that institutional adoption is what matters now. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Ok on practicalities but what’s wrong with the freedom from self-sovereignty? Crucial IMO. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Where’s Peter? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Trade runs on credit. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I wonder if (m)any Bitcoin maxis really understand Bitcoin? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE It doesn't surprise me that the politicking for the foundation of the Bank of England in 1694, was to be kept from the public eye. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Join me on 27 March for our next npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE It does not need to be fancy. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Indeed! 😂 npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE What a letdown! npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE This: 👇 npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Most think than an elastic currency for Bitcoin necessarily means having a Central Bank. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE How do you recognise a self-centred politician? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Economic Law is sometimes slow but it always works. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Money is fixed. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Search engines are so 2000. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Off topic. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE #Bitcoin is a speculative asset. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE It may sound strange for #Bitcoin Hodlers npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Technical scaling is not the problem in #Bitcoin. The tech for scale exists and the market values it less and less. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Saifedean Ammous fails to understand: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Really? Nobody? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Pretty Good Privacy “PGP” is taken. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Plausible. What’s unclear still is durability of npubs. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Cool. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Because of the range Lo 10 - Hi 40 gold coins since 2021 when El Salvador declared it legal tender. That’s the most recent signal for MoE we have seen. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Yes, indeed. e.g. 1 Troy oz US Gold Eagle or 1 full Austrian Philharmoniker. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Gut sense: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Fiat ATH I consider irrelevant. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Building a decentralised open peer-to-peer system (i.e. Bitcredit Protocol) in a complex field like a monetary economics is quite exhausting. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Is Bitcoin a money or a currency? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Big question. Needs a plan and a book. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE You may want to check your capitalism. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE First-principles rule: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Banking today is not “banking” anymore. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Are your questions serious? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Insofar as Bitcoin critics are correct, Bitcoin builders get guidance what to fix next. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I predict a strong surge in Freedom technology projects in Europe 🇪🇺 from here on. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Need? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Most Antifa-aligned groups explicitly define themselves as anti-capitalist and anti-market. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Fiat must be ended. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Bitcoin can fix this. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE On Bitcoin Treasury Companies npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Today's electoral party system is to a real democracy what a cargo cult is to aviation. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Agree, many important questions. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE QUIZ: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE There are ways. Demonstration are not. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Sure, demonstrations do not fix the system. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE In our fiat times, people do not hold gold to use it. They hold it to sell it ultimately FOR money.
npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE A true “prediction markets” has privacy by default. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Who? My parents. Two reasons: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Where? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE The sellers are giving away their production, hard work. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE As a kid in the 70s, my parents sent me a few times to youth camps in (then) communist countries east of Austria, for affordable holidays. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Time to leave. Sad subconsciously expected. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE What is it that politicians always want to remove privacy from communication and money? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE "Austrian economists theorize but cannot build. Cypherpunks build but lack theory." npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE That’s actually rarely the choice, a bill or spot bitcoin. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I gave an interview today once about it here: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE The crypto anarchist theory may be “complete” but I say it throws out the babe with the bathwater, seeks unrealistic individualism where mankind needs to organise realistic voluntarily cooperation and where unfettered authority needs decentralised checks. It is not a matter of throwing it all out, the job is to add what’s missing. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE On the "Austrian Debate". npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE In 2026 @npub1eaj…cd93 will bring back the private peer-to-peer payment instrument formerly known as "bill of exchange". npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Cyberspace infrastructure can be eternal if rigorously designed to eliminate access points for meatspace coercion and violence. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Christmas wishes from mass mailers are a perfect reminder to unsubscribe. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE FUD. At even huge usage levels safe with a wide margin. 25 year evidence. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Both "more likely"? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE I agree with your initial analysis. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Continued: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Continued: npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE An impulse speech by Prof. Richard Werner opened yesterday's Socratic Debate at the Hayek Institute in Vienna 🇦🇹. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Bitcoin will be more stable than fiat "stablecoins". npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Bitcoin won’t monetise on its own. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Thanks @The Bitcoin Conference for having me. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Not sure we should re-use nsecs. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Horsing around the new boating? npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Money, Bitcoin: "stores value" by scarcity in relation to willing buyers and sellers and actual future production. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE In today’s “Bitcoin Bankers” Seminar in El Zonte we will talk about historic Wildcat Banking and novel digitalised Wildcat Minting will monetise Bitcoin for trade and industry adoption. Feel free to join us at 6pm on the upper deck of Olas Permanentes. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Today in el Zonte, after yesterday's Socratic seminar about full reserve banking, we will delve into the electronic bill of exchange on Bitcoin rails. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Thanks, all zappers. Means a lot. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Hi, San Salvador, Bitcoin Country! npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE Initially, I read “25 degrees uphill”. npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6r hubertusVIE My talk titled "Bitcoin Education for Trade and Industry" will start at 4:00pm. See you all in San Salvador!
