tu ne cede malis, sed contra audentior ito. “Do not give in to evil, but proceed ever more boldly against it.” Stay humble and study #Bitcoin. We are the citadel.
Public Key
npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Profile Code
nprofile1qqsdjg9mhhhs2jg74aedazp8efughsp4gt7ystyflzlttzuk2gfcf8sw97c9x
Author Public Key
npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Show more details
Published at
2024-05-28 14:54:02 Event JSON
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"pubkey": "d920bbbdef05491eaf72de8827ca788bc03542fc482c89f8beb58b965213849e" ,
"created_at": 1716900842 ,
"kind": 0 ,
"tags": [],
"content": "{\"nip05\":\"[email protected] \",\"about\":\"tu ne cede malis, sed contra audentior ito. “Do not give in to evil, but proceed ever more boldly against it.”\\n\\nStay humble and study #Bitcoin.\\n\\nWe are the citadel.\",\"lud16\":\"[email protected] \",\"display_name\":\"Mysth\",\"website\":\"https://nakamotoinstitute.org\",\"picture\":\"https://m.primal.net/IQJj.gif\",\"banner\":\"https://media.giphy.com/media/SVCSsoKU5v6ZJLk07n/giphy.gif\",\"name\":\"Mysth\",\"lud06\":\"\",\"displayName\":\"Mysth\",\"pubkey\":\"d920bbbdef05491eaf72de8827ca788bc03542fc482c89f8beb58b965213849e\",\"npub\":\"npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302\",\"created_at\":1704376181}" ,
"sig": "81c39dab6cd753e3ea3cb6faf1a0dc115775b5808a438f00cf2dcfeed23e98188ff6ed9ca22044a63176837e9c687cce42f6eb3a3fd82211e8832b7c08452d02"
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Last Notes npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Everyone is born with a set of genes (traits such as intellectual, spiritual, physical...) and a set of circumstances (parents, birthplace, time...) that will heavily influence their outcomes. In short, Life isn't fair nor equitable, and never has been. Bitcoin doesn't claim to be perfect, nor does it aim to fix all the problems in the world. However, human societies have risen mainly through production, commerce and communication, and all societies (so far) have fallen when one or several of these actions have stopped working. Money is the underlying medium used by humans since the dawn of time, before languages, religion, nations and politics. It is the universal language, thus it underpins production, commerce and communication. Money is utterly broken today, because it is printed by a few for their own benefits, at the expense of the many. And that's why today everything is breaking down at an alarming rate, and the wealth gap between the many "poors" and the few "richs" is getting wider, because however long and hard the many will work, their purchasing power can't keep up with the pace of the money printing by the few. Bitcoin would fix most of the world problems by removing the ability to print money, thus reducing the purchasing power gap between the many "poors" and the few "richs", and allowing people to benefit of the technological improvement of the means of production to live in deflationary societies again. It still wouldn't make Life perfect and equitable, but it would make Life much fairer and much more equitable by an order of magnitude for the vast majority of people in the world. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Julian Assange is free. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth That’s just the right amount of macro I needed for the next 3 months. As always, thank you Lyn ! npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I’d zap more if there was more nostr-only content worth zapping. As I’ve mentioned a few times, I don’t see how you can grow nostr without more content creators coming here. It’s not convenient to always swap between twitter and nostr, and there is much more content over on twitter that I like to read about. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth What the actual fuck. I didn’t really care about Breedlove’s private life, but these are pretty serious allegations. If true, this guy needs an Oscar and some serious punishment. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/IKau.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth lmao npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Bring in a ton more content creators on nostr. You can create as many features as you want for users, but until you manage to bring people who create content on nostr, it’ll stay a niche social network whom main selling points like decentralization and censorship resistance just do not appeal enough by themselves to the average joe. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth As jack said, it’s totally unnecessary to leave the US for companies like Acinq… Whether or not Block did anything wrong, it’ll nonetheless cost millions in litigation. Nobody wants to deal with this shit. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I find it hard to lift heavy deadlifts everyday. Personally I have a better time with DLs (power, posture, stamina) if I do them every 2 or 3 days. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/IBIg.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth ABCD You could also look for short terms contracts / part time jobs in any field you’re an expert or good at, but that are not necessary Bitcoin stuff, until you find a better option (or convert your future employers to Bitcoin) npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Why do you even try to make sense of laws that are permanently bent, violated, or outright ignored by the people supposed to be upholding them ? npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Wen EU peasants invites sir ? npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Yes npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth 🏴☠️ npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth You can’t stop human ingenuity. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth That, and probably people having a Fiat mindset with Fiat values. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I alternate between both. There are still much more content I like to read on Twitter than nostr (unfortunately). Nostr is grassroots and genuine, but feels like an echo chamber after a while. Twitter is mostly fake and full of BS (scam ads, impersonators), but if you doesn’t use the “for you” feed, you can still read mostly interesting stuff that you don’t find on nostr. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth 🫡 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I read less and less about Bitcoin, as it feels redundant after a while. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth @npub1pla…g43q npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Nostr with substrs would be dope. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth 😂 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth lmao, no chills at all. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth No idea but LMK if you find one like this ! npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/e212687ebaee9184a33e31a1285d2331e24666f6b62333660b1a22bba13e053c.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth When possible, gamers will tend to use the hardest item as money, SoJ in Diablo being the most famous example. For a game to do this right, it’d need a fixed amount of currency to serve as money, but also a way to distribute it as fairly as possible in the beginning. Offering faction wide goals that’d give everyone whom participates a fair share of the money would be one of several good options. Then let the free market handle the rest. Noobs would need to provide any kind of utility/services to the community to earn some money, or could be sponsored by friends pulling them into the game, like family works when you pull newborns into the world. Would be a great social experiment for sure. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I’m seeing frogs being boiled. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth GA npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth lmfao npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth This is the most regarded thing I've read this year, and it has a good chance to stay that way until the end of the year. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Happy nostr year everyone ! 🍾 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I like good content. I zap good content. Make of that what you will. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/HUNA.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/db15121ba53ecbb3bc50052baf97db1e75f4c70319df6b4d0ce8d7a7b7f4e9d9.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/HSpL.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Today's thoughts: The last Bitcoin war was the blocksize war. The next Bitcoin war will be the custodians war. Once ETF are live and a lot of Bitcoin is captured through ETFs and their custodians (mostly Coinbase), I expect pressure from regulators toward sponsors and custodians to force them to fork the protocol in order to implement dystopian bullshit like coin control and transaction censorship tools. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Bitcoin Revenge Tour 2024. https://m.primal.net/HSdZ.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth @npub1a3h…fg37 has become my favorite Bitcoin Podcast to recommend to nocoiners/newcoiners. Blue Collar firefighters delivering Blue Collar no-nonsense life advices that translate well beyond Bitcoin wisdom. And they get some great guests, too ! Keep up the awesome work guys! https://fountain.fm/show/aKep9bH27saW1vJzYjtS npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/HSKz.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://m.primal.net/HSIv.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Proof of walk would show the footprints though. 😁 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Say what you want about Elon Musk. He does good stuff, he does bad stuff, but he's still one of the best memer out here : https://x.com/elonmusk/status/1730331223992472029?s=20 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I’m in the arena trying stuff. Some will work, some won’t. But always learning. #foodstr https://image.nostr.build/5ef89fe4100da566167534ee6ec4ed05363ddf8862059f407870efe0334f409b.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth South America. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Have the sats amount filtering customizable please. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Seeing a lot of people going “LOL @npub1qny…95gx told you so ! We told you so ! Rugged!” after Wallet of Satoshi announced they’re withdrawing from the US, allegedly from regulatory risks due to their non willingness to enforce whatever KYC BS the US has asked/will ask them. First, please show me someone who lost funds using WOS before talking about rugs. Second, if you think the problem is with WOS withdrawing from “The Land of the Free 🇺🇸”, rather than said “Land of the Free 🇺🇸” having become more and more like the autocratic regimes it used to fight against, and slipping away from the spirit of the US constitution, I invite you to check your privilege, and then try to leave the US with all your capital. Third and last point, whatever you think about Wallet Of Satoshi, it was just one (greatest) option for a LN wallet. It’s beyond me how you can think it’s a win to remove optionality from users. I’ve onboarded a lot of people to Bitcoin by just buying them a beer through WoS, which led to many to discover the Bitcoin rabbit hole over the next weeks and months, and then they ended up with self custodying their cold stack. Now I dread trying to offer an orange pilled beer, when first I’ll have to warn people that there’s a 10k setup fee, some channels opening fees, that there might be force closures… in a high and rising fee environment. Don’t lose the plot. Be objective. Don’t fight the wrong battles. And good morning. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth What rug exactly? Who lost funds? US Citizens just got one less option for their LN wallet, courtesy of the land of the free. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth What is there to unwind, exactly? WoS will keep operating in the rest of the free world. US people can withdraw their funds to any wallet of their choice, and they’ll have one less option for using LN. Will be very fun onboarding normies on self-custody LN wallets in a high fee environment. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Thank you for your service. I hope you stay operating everywhere else. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth This guy is a talentless Jim Cramer. Cramer always gives bad takes and wrong advices, but at least he's entertaining. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Along with how many hours per week of exercise ? npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Halving on 4202024 please. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I enjoy reading both “business Lyn” and “raw Lyn”, and I think your nostr profile pic should reflect that raw side too, IMHO. Or at least be something different than the business one. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth CBDCs will replace all fiat eventually, cash included. Unless your grocery stores accepts Bitcoin, you won’t have any other option than having zero privacy when spending your fiat. Meanwhile, if you’re unhappy with Acinq/Phoenix privacy policy, or for any other reason, you can choose to use any other of the dozen lightning wallets available, or you can always choose to run your own node and watchtowers for maximum privacy. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth The current version of Phoenix offers no advantage regarding privacy over existing, hosted, custodial wallets. We (ACINQ) know the final destination and amount of payments. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth What user info is there to harvest besides a throwaway e-mail? 99% of people will either run lightning through a custodian, or with some “node on the phone + LSP” wallet. I’d like to know what more information WOS is getting vs what ACINQ (Phoenix) is getting, because I think it’s very similar (or even worse in the case of ACINQ if you try to open direct channels) npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Of course ! npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Lopp won’t stop asking me to talk about badminton now. Help. https://image.nostr.build/8fc3719b560b4652b28c2d7132624443f1ea6c0e7ed63e3013fe28705b070fc9.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth “Just close the fucking door.” npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/e93c9b75eaf257cb77752688cc7823ad5ea325ef0452b746f4083f0fe34e9b7d.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I didn’t imply anything, I’ve just explained that any brand new user installing WoS would need to fund it, and so its first interaction with it is literally paying a 0.5% fee to get some sats on WoS from their on chain wallet. So they actually know that Bitcoin isn’t free to use, even on WoS. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth So Bitcoin not being free to use shouldn’t be a surprise to WoS users. 🤷♂️ npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth They still need to fund their WoS to begin with though. 🤷♂️ npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth WoS charges 0.5% when funding the wallet with onchain BTC, so I'm pretty sure they know it. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth The ressources given would depend on the amount this person is looking to buy medium-term, and their technical level. Along with the ressources, a good wallet is primordial. -Play money/discovering Bitcoin : Wallet of Satoshi -Some money/Diving into the rabbit hole about bitcoin : Green Wallet from Blockstream (nontechnical), or a Coldcard if they want to play with a hardware wallet. -Serious money/Life Savings : If they're technical, a multisig setup with coldcards/tapsigners/etc. is great. If nontechnical, nunchuk is also great, or casa as a last resort. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth "Also, many people will get emotional this cycle. Fade emotions and focus on fundamentals." Ok Lyn. BITCORN 35K LET'S GO !!!!!!!!!! 🔥🔥🔥🔥🔥 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Wholesome. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Study Bitcoin. DCA. Try spending some Sats with Bitcoin merchants/companies. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/40098bd4ddd2b0fd508934b38f323a733f092575b50eab3f660599b764918e3a.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/9df60d2a4faf963d1be8b24945aab7195e0701bde1454c3b20b18729aae04043.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Just being able to set easily basic shit like: “Show me the 10 most zapped notes of my follows+2, since 48 hours. Or “Show me the 50 most liked post from my followers over the past month.” Would be infinitely better than any blackboxed algorithm. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth This is the way. 😊 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Twitter hasn't been a public town square since Elon took over and de facto shadow-banned all non-KYC'ed users, aka blue checks. The "For You" algo is broken beyond repairs, and all discussions to have our own "custom" algos vanished. The $1 "test run" to limit bots is laughable in an era where VPNs can be accessed for free. On top of that, many scams come from blue-checked accounts, and 90% of my ads are blue-checked scams. Lastly, money is dished out to "influencers" based on engagement, but there is no auditable record to see how much, when and why money was sent to whom. Thus it's possible these payouts are used to mute/amplify/buy-out certain people. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Even @npub1xts…kk5s reactivated his Twitter account after having "deleted" it. People are free to do what the fuck they want with their lives. I cannot take seriously someone recommending to do X, when they do not actually do X themselves. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Your Twitter account is not deleted though. What are you waiting? npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Sir, did you not update your GroupThink™ software ? "TheCurrentThing.exe" is currently running version 2023.10.3 ; your Ukrainian flags have now been replaced by Israeli or Palestinian flags, depending on your political allegiance. A penalty of 10 points will be applied to your SocialScore™ due to you not being up to date. The military-industrial-complex-state thanks you for your cooperation. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I use the "following" feed only on Twitter. It's like a curated newsfeed with only people and subjects I care about. That's about the only use you can get out of Twitter today, esp. since all non-blue checks are basically invisible. And I never, ever use the "For You" feed. It shows what you described (hate, violence, etc...) and is built to trigger you, keep you engaged with useless BS, and doomscrolling until your eyes bleed and your brain rot. Fuck what Twitter has become, long live #nostr. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth “What do you think would be a good avenue to strike a truce, spare civilians lives, and try to achieve world peace? -More battle anthems!” 🙄 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth No, thank you. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Then there’s no point having a discussion, but have a nice day. 🙂 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth You still calculate your net worth in Fiat if “price” is your wealth metric. Thus you assume it either always goes up, or goes down then up (higher than your average purchase price). This means you are right under your set of circumstances in both cases if the goal is to have a Bitcoin price higher than your average fiat price. But what happens if the fiat price goes down, and keeps going down? Or goes down, then stays flat and doesn’t even follow monetary inflation and price inflation? You do not address this, even though I understand you believe “Bitcoin game theory” will prevail… npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Ok. 😁 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Your wealth cannot go up and down at the same time, however you measure it (fiat price, or purchasing power). 🤷♂️ npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Your Sats aren’t affected if you hold your private keys. The fiat price is affected. If you live under a Bitcoin standard, you shouldn’t even care about any of this. If you’re still hoping to convert your Sats to fiat, or other goods priced in fiat, I’d encourage you to study the physical gold markets (bearer asset) and the gold derivatives markets (paper gold). npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth My initial point still is that Blackrock doesn’t play by your rules, and that whatever game theory you think exists on a Bitcoin Standard, does not apply under a Fiat Standard. Regarding chain analysis « goes both way », please point me to the public adresses of the Grayscale Bitcoin Trust. It’s much older and much bigger than any existing BTC ETF so you shouldn’t have any problem finding them. Lastly, I do not need to address your point, since mine is just the opposite. Only time will tell what will actually happen. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth You'll have no way of knowing how much BTC is held by Blackrock because you won't have access to their public keys, and you won't have enough fiat capital to margin call them. I just laid out why Blackrock has no interest in playing by your set of rules, and so far I couldn't find a single counter argument. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth "People just got a taste of what the ETF approval will feels like." Exactly, the price pumped then dumped. If you think Blackrock is your friend and has anything to gain by pumping AND holding Bitcoin, I have a bridge to sell you. After the ETF approval, yes the price will pump, and yes it'll dump later. Blackrock & Friends live and thrive on a fiat Standard, where the money supply is unlimited, and where they benefit disproportionately from the system through political lobbying, Cantillon effet, and price manipulation. Going on a Bitcoin standard (with the Bitcoin price skyrocketing, and staying there) would mean all of the above is moot, and on top of that you'd have to produce actual work to expect reaping dividends and/or interest from your capital. I wish there were more realistic and logical takes over wishful thinking, so feel free to tell me why I'm wrong. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Yo Jack ! npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth 0%. I stand with people whom hold the same principles as I do. What flag got assigned to them at birth or what flag they chose later on doesn't matter to me. Same goes for religion. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Very nice refresh. Now it looks like it's 2023, while keeping the same vibe. 😄 npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth https://image.nostr.build/6f4cabbed1b437c715a4282189b9da18370b4a273a7d0021cd48a9d5ef84995b.png npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth I think tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles. Come and ban me here, suckerberg. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Rug selling company partners with expert rug maker. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Better a warrior in a garden, than a gardener in a war. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth That’s actually my point. Try however hard you can, you won’t beat a dude whom raised $42B in a couple of months on sheer economic power. So we better find other ways to compete against him. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Elon is buying out influencers, via rewarding them through a black box. He can basically push or mute whatever exposure he likes through this program, just by paying thoughts leaders more, or less. As you mentioned, it’s like magic, and whether we like it or not, it’s not something we can compete against on nostr. We’re not going to outbid the Fiat Rankings Leader for exposure just yet, especially while there is still no clear path to fairly pay clients builders and relay operators. I see nostr as a very long term solution (10+ years) to keep true free speech alive, short term think we should just focus on UX and education instead while nostr stays up as a life raft in case of global social media platform shutdown. npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth Instant buy. https://image.nostr.build/ac26217651026ece3d2d068e55a70f8f42a970388519a2d3415effd2f4a02f03.jpg npub1mysth000q4y3atmjm6yz0jnc30qr2shufqkgn797kk9ev5snsj0qpsl302 Mysth 💯🤣