Hedraios

Yeah; I hear what you are saying...
I was thinking about the adjacent issue.
I was focusing primarily about the decision a person has to make about complying [or not complying] with tax laws.
Using Monero doesn't make that particular decision go away; Monero is under the same tax regulation as all cryptocurrencies.
----
Monero's usefulness to the person who decides not to report crpytocurrency transactions to the taxing rulers is a slightly different topic.

2024-06-21 18:01:54

Philip almost went to jail so that we could privately interact with each other in this new era of digital, global, communication.
Come cool backstory for those who haven't discovered it yet:
https://hiddenheroes.netguru.com/philip-zimmermann

2024-06-21 04:39:52

It took me about a month to go from fiat to shitcoiner to #Bitcoin er.
An acquaintance had suggested I go on Coinbase and get the free small $dollar amount reward of ETH they were giving away to new users. So I did. Once in, I used Coinbase's little rewards program where you watch a promo on a shitcoin, then are rewarded with a bit of it. Luna. Circle, Dot, etc.
The first time I used a blockchain explorer it was to look up an ETH transaction. (That was a powerful moment for me...when I first looked up a transaction ID on a public digital ledger...)
Looked at all the tokens on Coinbase and wondered what made them different from each other. Which would last? Or appreciate in value?
Bought and lost money on some small amount of Polkadot. Remember reading some guy's social media post about how cryptocurrencies are all narrative: you have to guess which narrative is going to be popular to figure out which coin would appreciate next. Sounded scammy. The pump-n-dump.
Then, no thanks to Coinbase, I encountered the OG. The only digital asset. It seemed different.
BTC.
I started wolfing down old #Bitcoin content from Andreas, then DerGigi, and so many others on YouTube, Reddit, podcasts, audio books and Twitter spaces. Found LookingGlassEducation.com, and paid attention to its messaging from @npub1jqc…akee and @npub1tm2…lpna ...Became captivated by the solid sanity of what I was learning about #Bitcoin.
Had an awakening.
And now I have a Bitcoin bookshelf.
I have had a low success rate at orange pilling, not for lack of trying.
But the couple of others who grasped it and began to understand it...I have a new bond with them.
I'm now aging into my quiet phase, as I've seen others do. A slow pull back from the initial excitment, from the conversations, the orange pilling, the social media wrangling. Getting back to minding my own business, thinking about opsec, and generational legacy.
I might even buy some Bitcoin myself one day, just in case it catches on.

2024-06-21 03:59:55

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IIRC, Primal wallet asks for some sort of name, and some sort of email, and accepts what it is given. A guy might chose to give it something less than accurate...

2024-06-09 00:11:29

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Yeah, swaps are disabled on the iOS version due to restrictions by Apple via their AppStore
Unfortunate.

2024-05-27 03:21:33

How might digital scarcity be possible?
...
(If someone figures this out, we might be able to use the thing for money in this digital, internet-connected Information Age)
#Plebchain
#Bitcoin

2024-05-20 19:17:51

🧡 @npub1hea…g9v2 's Sparrow wallet

2024-05-05 01:29:59

Holy bananas #Bitcoin is so cool
And I've felt this way continuously since awakening to it
Class of 2021 🎓
#plebchain

2024-04-28 19:48:03

I 🧡 #Bitcoin

2024-04-28 03:50:59

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https://www.deigratia.org/treatise-oresme/#VI
https://m.primal.net/IAls.jpg

2024-04-25 03:08:55

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Awesome, thanks for these improvements guys

2024-04-24 12:36:02

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The back of a winged figure hovering in the air and looking down

2024-04-24 12:11:54

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Had been Muun, but a new user I was tutoring was immediately worried about the "network is congested, high fee" warning due to Runes.
Likely will be Aqua next time

2024-04-24 11:00:34

#Bitcoin is a litmus test, a shibboleth.
It reveals a person's perspective on property rights.

2024-04-24 05:05:10

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👍

2024-04-24 04:52:25

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I might get some, just in case it catches on...

2024-04-24 04:30:31

Can someone help me understand this Aqua Wallet error? I'm receiving it while attempting to send a lightening payment from an Aqua wallet to an Aqua wallet...
"error: swap to Boltz lightning nodes are
forbidden"
@npub1exc…n72a
@npub1ajl…zx3q
#Bitcoin
#Plebchain https://image.nostr.build/3067ad68b13de91715182566a2f10bcd3d3671ed7b03ce8ecfbe5c9ab9349754.jpg

2024-03-24 22:18:51

Property rights…
… a crucial concept at the heart of Bitcoin.

2024-03-13 14:55:40

To take or augment profit by alteration of the coinage is fraudulent, tyrannical and unjust, and moreover it cannot be persisted in without the kingdom being, in many other respects also, changed to a tyranny.
Wherefore, it not only brings disadvantages of its own, but involves many other evils as either its conditions or its consequences.
For this course can only be the advice of evil-minded men, ready to counsel any fraud or tyranny, if they see a prince inclined to it or willing to listen to it.
To sum up my argument, I say that a thing which tends to bring a realm to ruin is disgraceful and harmful to the king and his heirs, my first premiss; that it extends and changes to a tyranny, my second; and that it does so by alteration of the coinage, my third.
Consequently a tax levied by means of such changes is against the king's honour and injures his posterity.
____
- De Moneta, by Nicolas Oresme
#Plebchain
#Bitcoin
https://www.deigratia.org/treatise-oresme/

2024-02-24 19:39:27

Consider running your own #Bitcoin node.
#Plebchain

2024-02-23 19:54:02

A setup for holding #Bitcoin:
Sparrow + Coldcard + Bluewallet
Offers the ease of receiving Bitcoin via a watch-only wallet on a phone, but requires the hardware wallet to send.
#Plebchain
#Sparrowwallet

2024-02-23 06:12:15

There was a time in my life where I didn’t know about and didn’t think about fiat f**kery. Now I see it everywhere. I’m more cynical.
“For with much wisdom comes much sorrow; the more knowledge, the more grief.”
#Plebchain
#Bitcoin

2024-01-09 00:31:05

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I appreciate your signal, @npub162z…l0w8

2023-12-29 22:58:06

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Welcome to Nostr, @npub19q0…3f2d

2023-12-25 18:28:11

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“A child is hope incarnate.”
Welcome to the world, little one. Many blessings to you, and your mother and father.

2023-12-16 16:50:14

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Such a simple sentence…but the profoundness contained in it is incredible.

2023-12-03 19:19:22

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Looks like a great day

2023-12-03 18:38:51

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I know a guy 😏 who learned about #Bitcoin in late 2021, bought at the top $60k+, and then all the way down till $15k… Because he realized what it was.

2023-11-19 23:59:44

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Aye, it’s a market
Glad for the difficulty adjustment
Will be interesting to watch as miners are forced to find cheaper energy across the world

2023-11-17 07:28:59

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If "a borrower is a slave to the lender"...
...seems like you're doing okay.

2023-11-16 04:03:51

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Many of us feel this way too 🫂

2023-10-28 15:06:04

What is coinbase?
________________
The coinbase is the first transaction in each bitcoin block, which distributes the subsidy earned when a miner successfully validates it as well as the cumulative fees for all transactions included in the block. The coinbase transaction effectively creates new bitcoin.
#Bitcoin
#Plebchain

2023-10-25 22:55:15

https://bitnodes.io/nodes/live-map/
A live map of reachable nodes in the Bitcoin network...
#Bitcoin
#Plebchain

2023-10-12 19:34:32

"If we had a truth-in-Government act comparable to the truth-in-advertising law, every note issued by the Treasury would be obliged to include a sentence stating: 'This note will be redeemed with the proceeds from an identical note which will be sold to the public when this one comes due.'”
----
Walter Wriston, Chairman of Citicorp Bank [1982]; quoted in "The Creature from Jekyll Island
#plebchain
#Bitcoin

2023-10-12 14:33:38

Whoa, the Snowden session was powerful…
#plebchain
#bitcoin

2023-10-07 17:28:27

Some aspects of #Bitcoin are so novel and paradigm-shifting that it is difficult for me to grasp them as reality. For example:
• Digital immutability
• Digital scarcity
In these early days of the computing era, it generally seems self-evident that any digital data can -almost by definition - be copied and edited.
BUT....then along comes #Bitcoin, with its brilliant cooperative construction of cryptography and energy and networking and incentives...
I keep returning to these concepts, and turning them over in my mind. I mull them over daily, both to understand them and also to understand their significance. If they are real, and it appears they are, they cannot help but drastically change the world.
#plebchain
#plebchain

2023-09-22 23:53:40

"Currency pegs always break."
- @npub1uyz…8632 quoted in Thehttps://m.primal.net/HLqC.jpg Bitcoin Handbook, by Anil Patel.

2023-09-20 15:48:13

"The quiet words of the wise are more to be heeded than the shouts of rulers of fools. Wisdom is better than weapons of war."

2023-09-01 01:24:57

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Great setup 💯

2023-08-31 19:43:02

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80%

2023-08-26 02:12:19

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My poor phone battery

2023-08-20 03:48:28

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Nice, some Dire Staits.
“Brothers in Arms” for chilling out, and “Money for Nothing” for reviving up.

2023-08-16 16:01:08

Why digital cash did not work prior to 2009:
_________
"The nature of digital objects, since the inception of computers, is that they are not scarce. They can be reproduced endlessly, and as such it was impossible to make a currency out of them, because sending them will only duplicate them..." - Amous, The Bitcoin Standard.
https://cdn.nostr.build/i/d471e55c03d334a2821559502c5a58570844b7af5cec92d2e363bbd681eef83f.jpg

2023-08-10 15:40:38

For we cannot do
anything against the truth
but only
for the truth
- 2 Co 13:8
______
Satoshi Nakamoto knew the value of truth in electronic transactions:
"We have proposed a system for electronic transactions without relying on trust. We started with
the usual framework of coins made from digital signatures, which provides strong control of
ownership, but is incomplete without a way to prevent double-spending. To solve this, we
proposed a peer-to-peer network using proof-of-work to record a public history of transactions
that quickly becomes computationally impractical for an attacker to change if honest nodes
control a majority of CPU power. The network is robust in its unstructured simplicity. Nodes
work all at once with little coordination. They do not need to be identified, since messages are
not routed to any particular place and only need to be delivered on a best effort basis. Nodes can
leave and rejoin the network at will, accepting the proof-of-work chain as proof of what
happened while they were gone. They vote with their CPU power, expressing their acceptance of
valid blocks by working on extending them and rejecting invalid blocks by refusing to work on
them. Any needed rules and incentives can be enforced with this consensus mechanism."
https://bitcoin.org/bitcoin.pdf
__________
οὐ γὰρ δυνάμεθά
τι κατὰ τῆς ἀληθείας
ἀλλὰ ὑπὲρ τῆς ἀληθείας
#Bitcoin
#plebchain

2023-08-08 18:35:38

Strengths of #Bitcoin:
A money that others cannot
- inflate
- confiscate
- counterfeit

2023-07-08 05:34:28

He who takes the king's coin
Becomes the king's man

2023-07-07 03:40:14

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https://en.wikipedia.org/wiki/Nicole_Oresme

2023-06-09 18:21:02

Great sound money education resource to share:
https://lookingglasseducation.com/
______
Great work by Foss, Daz, Seb
@npub1zry…8vpd
@npub1jqc…akee
@npub1tm2…lpna

2023-06-09 04:38:04

Here's what the Fed thought of Bitcoin in 2018:
https://files.stlouisfed.org/files/htdocs/publications/page1-econ/2018/03/01/bitcoin-money-or-financial-investment_SE.pdf

2023-06-09 04:25:06

#Bitcoin in cold storage: absolute control.

2023-05-31 22:45:43

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💯🤙

2023-05-31 22:10:06

Not that I claim to own any Bitcoin, but theoretically if I did own some Bitcoin: I'd probably go on walks and repeatedly sing my seed phrase words in my head in order to memorize them; maybe humming them over and over again to the melody of a a common nursery rhyme tune...?
https://nostr.build/i/8ceca4d98425600f417e32be5cc95c4a4be73cab9a5f372184f371929b926bc1.jpg

2023-05-31 22:03:34

If you can't afford to buy real estate as a long-term financial investment for the future, consider looking into Bitcoin.
A reason that land tends to be valued ("they're not making any more of it") is also true of Bitcoin.
https://nostr.build/i/5707887909e7327b2a22d2bfd039d26b344038d0bc9a20ec9cd84173e27cfa8e.jpg

2023-05-29 01:26:11

@#[0] Would enjoy hearing the backstory of how you connected with Foss and Seb and LookingGlassEducation

2023-05-24 06:37:04

It typically takes a while to solve a Rubik’s cube. But it only takes a glance to verify that a cube is solved.
That is similar to how Bitcoin miners and nodes work .
Miners solve the cubes.
Nodes verify the cubes are solved.
There’s much more to it than that, of course… but this is what I think of when I see my little node running quietly nearby. https://nostr.build/i/7afde22a787e054c320c750f5c22cdd7872ad7bc2166d5ea31f897278e643d29.jpg

2023-05-22 20:05:37

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No; I want you to create a profile of me by scanning the nostr posts associated with my pubkey.

2023-05-18 13:43:42

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Unforgeable costliness

2023-03-13 04:39:51

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The ability to directly tune in to other peoples’ data broadcast without an algorithm that may or may not display their data, and may or may not fill my feed with data and topics that the algorithm decides I should see.
I tune in to the signals. The algo doesn’t do it for me.