Joda

Bank the #Unbanked
Financial #Sovereignty for #Women
#Africa #LightningAfrica #BitcoinAfrica #ElSalvador #Argentina #miprimerbitcoin #contrarian #ecash #cashu #fedimint
#veterans #HumanRights

Public Key

npub1w08wy6ct50q9lenk44r68url0ywrtzeey96xx5v6vm0hgpe08wmqkd0pgd

NIP-05 Address

[email protected]

NIP-57 Address

[email protected]

Profile Code

nprofile1qqs88nhzdv968szluem263ar7plhj8p43vujzarr2xdxdhm5quhnhdspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsc3q3gr

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1w08wy6ct50q9lenk44r68url0ywrtzeey96xx5v6vm0hgpe08wmqkd0pgd

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Last Notes

2024-07-18 18:52:57

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https://twitter.com/pete_rizzo_/status/1813637298933633038

2024-07-12 08:20:32

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I'm hearing about similar occurrences. I think it may be scammers trying to "establish" themselves on phone networks by making calls that aren't scams (for a while), then later performing scam calls.
Or maybe they're recording your voice for later impersonation.
Or maybe they are judging your reaction to what they say, to size you up for a future scam.
Probably something entirely different, but still a scam. Scams are just out of control right now, and getting way way worse.

2024-07-04 03:20:09

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The "real" value today is user content, and AI can harvest it from Nostr for free...

2024-07-04 03:13:33

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Be the change

2024-07-02 01:10:37

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They are incentivized with higher fees.
So what can a billionaire do to the Bitcoin network? Buy half the mining power. Can they censor a transaction? No. The power of the network is that only a single miner needs to create a valid block for a transaction to not be censored. Can they reverse a transaction? No. Can they "spam" the network with 1 sat dickbutts? Sure. So the other miners who instead build blocks with high-fee transactions will see their revenue skyrocket as competition for block space increases. This incentivizes new miners to enter the space and capture those high fees. Meanwhile the attacker is wasting money AND increasing revenue to "normal" miners.
With Drivechains, miners are not required to merge mine, and they aren't obligated to any particular chain. They can stop mining or a competitor could come in and immediately take over 90 percent of the hashing. It's possible that the incentives will be for each mining pool to stick to one drivechain, allowing each have a virtual monopoly. Basically, the point of failure has become smaller and cheaper. No single government regulates *all* Bitcoin mining, but it would be trivial to manipulate a single pool.
I think the broad idea is that because drivechains look so kind-of nebulous and ephemeral in how they "attach" and"detach" from various miners at whim, people wouldn't be afraid of being rugged so much as the whole drivechain just disappearing or potentially being dominated by a censorship-friendly pool. The end result is no one wants to use it FOR MONEY, so all drivechains and up getting used for is scams and spam.
I think miner centralization is a very serious issue, but rewarding them in this way doesn't stop centralization, and doesn't scale monetary use of Bitcoin.

2024-07-01 23:27:55

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I'm admittedly not the sharpest surgeon in the rocket factory, but I think it's up to the proponents of a proposal to advocate their position cohesively and honestly. Paul seems desperate and mean. I feel bad for him, but the BIPs are old at this point, and everyone is working on something else, having dismissed Drivechains some time ago.
I'm not inherently against merged mining, and I don't think Drivechains are a horrible idea, but I'm 100% sure if you create a new way to make money from Bitcoin, it will be exploited and turn into a shit show. All I want is Bitcoin to scale. Maybe I lack the imagination to see how drivechains scale Bitcoin, but I wouldn't personally approve or use a drive chain as I understand them. I'm open to having my mind changed.

2024-07-01 18:17:07

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Don't forget that aesthetics have gone off a cliff. Custom architecture had a golden age-- drive through an older neighborhood and you'll see. Modern gated communities with multi-million-dollar houses just don't compare.

2024-07-01 17:34:44

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In fairness to Paul, Adam Back doesn't seem totally against drivechains (last I heard), and I don't consider Adam to be rash or unintelligent.
So maybe they can play with Drivechains on Liquid?
Is Shinobi on Nostr?

2024-07-01 17:31:58

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Drive chains could have some utility for privacy, but I think the anonymity set would be too low. Paul acts like people would replace their Monero with Monero-on-Bitcoin. There is ZERO chance of that. Ditto for any other existing coin. BCH on Bitcoin? I don't think so. Ethereum? LOL.
Drive chains would be additional revenue for miners, where they are given control over a new shitcoin circus. Maybe that's fine-- but it doesn't scale Bitcoin.
Maybe Paul is right that not everyone needs unilateral exit, but no one is going to use a chain that miners can just "take away". Miners won't have rugging powers, but they will have extortion powers.
I'm (very cautiously) optimistic about Ark, Spiderchain, and some covenants. I think an ideal solution would be built utilizing lightning. It's possible scaling won't be achieved for another 15 years, that doesn't mean in the meantime we should enable fuckery that would be difficult to undo.

2024-07-01 17:22:01

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#nevent1q…qdk8
Thoughts in the sub-notes

2024-07-01 06:29:44

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Unfortunately, that was faked

2024-07-01 06:28:47

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I can't argue with that, but Monero may be even harder for a business to adopt, because they have to atomic swap for Bitcoin, incur and track that capital gain, then swap their Bitcoin for fiat, and incur another capital gain (since Monero is difficult to exchange directly for fiat). All assuming they don't want to just accumulate Monero and don't have anywhere to spend it.

2024-07-01 04:49:01

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You could if anyone accepted lightning. But the fact is you couldn't do that with BCH, Monero, or anything else, either. There isn't "zero adoption" -- there's "zero merchant acceptance", because accepting ANY crypto is a pain in the ass (the tech, the security, the employee training, the taxes...)
Bootstrapping circular economies is HARD, especially when the current system is "good enough".

2024-07-01 00:02:23

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Why TF Paul Sztorc spamming Twitter and Super Testnet taking his side without anyone making a compelling case?
Not only is it not the "only way", it doesn't even seem like it's the best way.
Are people just trying to slide in BIP300 with CAT and CTV like it's related and innocuous?

2024-06-30 23:51:50

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I mean, I don't think it's what anyone expected, but you're posting this on a platform on which users execute sometimes hundreds of thousands of transactions a day... in precisely that "zero adoption" money.

2024-06-30 19:10:31

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The largest, oldest, most popular crypto has zero adoption?

2024-06-30 19:05:54

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And Munger and Buffet think all crypto is bad.
We all know billionaires are the smartest people. Guess it's time to close up shop, boys.

2024-06-30 17:41:02

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Parable of the Talents

2024-06-11 17:33:11

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If you paint a big "JUST MARRIED!" on your window it will happen sooner. Just sayin.

2024-06-11 17:31:11

I wonder if people with Segways think they are "still early"...

2024-04-19 04:45:59

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A true bitcoiner cannot buy the dip. Only whales and noobs are buying.

2024-04-12 19:02:21

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Great vibes. Love the fiddle.

2024-04-12 19:00:25

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Saylor is an ossifist. Did he reverse recently?

2024-04-12 18:57:34

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Austerity, unemployment, recession, bankruptcies...
They let that happen and they will get voted out. The people want things to be "fixed" and they'll vote for people who will "do something".

2024-04-12 03:09:04

This.
Is.
Not.
Enough.
https://image.nostr.build/3066e3564f91beec8bf0b75a4f2377c5b05deac27856f5827a85421814104b0e.jpg

2024-04-12 02:53:54

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Same

2024-04-12 02:50:43

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But it also wouldn't be solved with big blocks

2024-04-12 02:09:53

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Honestly, I think everyone would agree.

2024-04-12 00:40:45

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#keet for comms

2024-04-12 00:36:48

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Maybe for ultra low power like a stealth build or in a weatherproof box with solar power.

2024-04-11 21:20:24

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https://image.nostr.build/8e389f201bf5d2fb47614017751d0548eafcaeb630a8d687e1e445bbab491471.gif

2024-04-11 19:18:40

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But "the public" is only nodes. Malicious actor could spin up 20k Sybil nodes overnight, fork, and be the "consensus chain".

2024-04-11 17:35:10

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Some things are just changes, not "fixes".
Bitcoin has changed many many times over the years, even by Satoshi. There was even a catastrophic bug that had to be patched. There was no divine gifting of perfect code.

2024-04-11 08:20:35

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You pay taxes on regular income too. It's presumably because the government creates the rules, regulates the industries, and enforces the laws to allow you to profit.

2024-04-11 08:06:55

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It's easier to get away with taxation when you tax everything a little bit rather than a couple things a lot.
Also, most people don't invest or have capital gains, so they don't mind taxing those who do.

2024-04-10 23:39:16

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What does that mean?

2024-04-09 17:40:04

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Oh for sure; this is bleeding-edge. Final product would obscure away most of this, and by then, everyone will have a decent phone. Wealth may not trickle down, but tech does.
Africa has #machankura , custodial lightning, fedimint, etc.
Also, animated QR is not the only way to use it; it's just information, so the string could be copied, sent over NFC, whatever.

2024-04-09 17:33:58

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Small amounts of capital are insured, so there isn't much to worry about in terms of bank runs. Plus we already know the government can prevent almost all bank failures.
But if there is that capital flight, it may just be to bonds, which are more attractive with high interest rates anyway (and still seen as safe, even if we just collectively ignored the downgrade).
We could actually see rates just kinda wobble within a range for a few years. Shake out some garbage without causing too much chaos.

2024-04-09 16:59:52

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https://fountain.fm/episode/623zzIDa7gMgtjEuBtUq

2024-04-09 16:57:36

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Animated QR allow for more information (or better EC, or both).
They're weird to us but no problem for a camera that refreshes dozens of times per second.
But yes you can't take a screenshot and copypasta.

2024-04-09 16:51:47

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" takes a loan against an asset, that is a form of selling."
Interesting position. Other people say exactly the opposite: take a loan against it *so that you don't sell it*.

2024-04-09 16:48:21

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These are not "high interest rates".
When inflation goes up again, Fed will raise rates.
Then it will be a balancing act between "buy Bitcoin because of all this inflation" and "sell Bitcoin because recession"...

2024-04-08 18:37:00

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I haven't thought it through, but DOWNZAPS
https://image.nostr.build/73cb78db237c7dee2a5cecb48dd62020e96a7bef72128ab80e99ea9c2a7ed52f.jpg

2024-04-08 18:32:01

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Integration with #keet

2024-04-08 18:30:55

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I think this "one little trick" could help adoption more than anything.
New users could "hide" all posts with #Bitcoin (or ideally even non-hashtagged "Bitcoin").
The main complaint I hear (after actually onboarding) is that it's a Bitcoin club. They're not wrong. This is the bootstrapping normies conundrum.

2024-04-08 05:48:39

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If Bitcoin goes up that much, it means the dollar has devalued, so property could cost a billion dollars.

2024-04-08 01:55:04

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This isn't for Nostr use, it's for zapping with Strike integration.

2024-04-07 05:19:50

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No, not last I tried

2024-04-07 00:57:06

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Yes but there is a middle ground. The consequences of CTV are quite predictable. Lots of other stuff could have unintended consequences or just be impossible to undo.
It does feel dangerous right now because devs have pet projects they've worked on for many years, many or most of which won't ever be implemented.

2024-04-07 00:53:48

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Yes, generic answers. AI just isn't very "intelligent" yet. It mostly just summarizes.
It's probably useful for coding and finding bugs in code.
It also doesn't seem very useful for finding potential attack vectors.
But what do I know, I'm not a prompt engineer.

2024-04-06 21:39:12

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Those guys were 28 years old when the photo was taken.

2024-04-06 00:52:18

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Amen. But because it's so manipulated, the days after the halving could see the price rise or fall 30%.
It's probably Elon. I don't think @npub1sg6…f63m would do it.

2024-04-06 00:47:03

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Yes, I do

2024-04-06 00:36:36

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Custom left and right swiping, like in Gmail (but more functionality).
For example, right swipe to mute npub, left swipe to report.
Or right swipe to "save" note, left swipe to repost/boost.

2024-04-06 00:33:51

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Primal is custodial, right?
My zaps gave been instant on Amethyst since the beginning, using custodial wallet (Alby, WOS)

2024-04-05 00:57:20

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Her claims are not mutually exclusive. There are indeed "fuck the banks" bitcoiners AND NGU bitcoiners.
To think all bitcoiners are the same is an error of the narrow-minded.

2024-04-04 20:11:02

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You can literally lose your entire life savings with a tiny mistake in less than a minute, and have zero recourse.

2024-04-04 20:08:32

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I'm not opposed to large centralized nodes, depending on how much authority regulators are able to impose on them. It's another case where it doesn't matter that not *everyone* is running a node, as long as anyone *can* run a node.
Complaints about liquidity being complicated are certainly valid. However, offline payments are almost here. IIRC Phoenix is launching soon.

2024-04-04 06:22:18

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Revenge for opium wars

2024-04-04 06:21:16

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Which government?

2024-04-04 06:21:03

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Which means a recovering addict who relapses... Is dead.

2024-04-04 04:03:03

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I do agree Lightning was over-hyped. It has also taken forever to implement the incremental changes to make it more scalable. And even then, most honest devs knew then what people are learning now: Lightning doesn't get the whole world into non-custodial Bitcoin.

2024-04-04 03:56:24

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I don't really understand the criticism of Lightning. It's not harming Bitcoin; it's just a pain to run a node. The idea is that it will be the transport layer for other layer 2s. It also has privacy that would make it quite suitable for dark markets, especially if the market ran its own ecash mint.
I agree it seems devs are quick to build an EVM on Bitcoin, but since some of them require no new OPcodes, they will be deployed whether we like it or not. Maybe some of the market for wrapped BTC will come over from Ethereum.
Part of the value proposition of Bitcoin, and the reason it holds the highest market value, is precisely because it doesn't "move fast and break things" like all other crypto.

2024-04-04 03:47:41

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Very thoughtful. I'm trying to work my way through all the implications.

2024-04-03 23:23:41

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Which coins and for what?

2024-04-03 22:16:28

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I know, it's so tragic when women have control of their bodies. Ugh.

2024-04-02 07:55:02

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They won't be "default" relays, but they won't be censored by any "real" client.
So think about what happens to producers of:
- Child pornography
- Nazis
- Snuff
- Terrorists
A free protocol means they can run nodes and communicate. They won't be "popular" but they also won't be stopped. Anyone can add those relays to their client. And anyone can choose to *remove* those relays *from their own feed*.

2024-04-02 05:29:00

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In an open, account-less protocol, it is costless to create bots and spam. Relays *must* coordinate or else the whole system can be overrun (it probably can be anyway).
The important thing to prevent censorship is not that there isn't coordination, it's that anyone *can* run a node and ensure notes are published.

2024-04-01 22:34:13

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They can't because the AI is trying to learn from the user contributed content and it would get all confused.

2024-03-31 19:09:46

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Okay "A Deuce" it is!

2024-03-30 19:47:33

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AI is a tool used for good and bad, by "good guys" and "bad guys", but mostly helps science and the rest of society to create breathtaking revolutions in everything from art to medicine.

2024-03-30 16:31:18

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Ok fine then, "Mutineer"

2024-03-30 02:39:58

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"the Captain" so you can say "throw the Captain overboard!"

2024-03-30 01:49:51

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Half'nin

2024-03-30 01:06:25

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Posted by Dong
https://twitter.com/DongWookChung2/status/1773457456531677280

2024-03-30 01:04:49

https://techcrunch.com/2024/03/29/x-confirms-plans-for-nsfw-communities/

2024-03-29 21:24:58

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Best cheese NAME maybe

2024-03-26 17:36:11

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#Holepunch

2024-03-26 16:48:35

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The focus is profit.
Buying their stock is good exposure to shitcoin moons during alt season.

2024-03-26 16:33:11

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Compliance. There's a reason they're the top dog. They put in the work to comply with every obtuse jurisdictional regulation.
They are very secure. So far.

2024-03-26 16:30:47

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Actually true

2024-03-26 16:15:43

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Vitamin Deez

2024-03-25 05:52:34

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I heard in France they call it "Royale with cheese"

2024-03-25 05:16:34

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Linux has become the backbone of global networks and electronics of all scales. Yet relatively few people even know anything about it.
I'll bet 99 people out of a hundred if asked "What would happen if Linux computers suddenly stopped working?" would say something like "I guess some nerds would be disappointed." ... Not realizing *everything* they depend on would cease to function: cars, planes, municipal water, electrical grids, appliances.

2024-03-25 05:15:48

#Bitcoin development is often compared to the "early Internet".
I've been thinking it's more like #Linux:
- Assembled from decades of past research.
- Reviewed and improved by thousands of passionate and brilliant enthusiasts.
- Can be and is "forked" for different use cases or approaches.
- A "base" system upon which modules can be connected to expand functionality.
- The invisible layer upon which a new world is built.
- People depend on it constantly, without ever interacting with it directly.

2024-03-24 16:03:24

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What are you going to call it?
My suggestion: "maggot bread"

2024-03-24 06:16:06

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The United States set the AML limit at $10k half a century ago, when you could buy a nice car with that.
Now thanks to inflation, you can't get your air conditioner replaced without the bank having to investigate to make sure your not with the Mafia or whatever.
€10K today; in ten years that'll be like your monthly rent.

2024-03-24 03:05:21

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They have a price

2024-03-24 01:45:55

Censoring monkey dickbutts increases their scarcity, which increases their value.
The people with the most to gain from censoring monkey dickbutts are those who *already own* monkey dickbutts.

2024-03-24 01:30:22

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*green flag*

2024-03-24 01:17:41

Are degen whales seriously suppressing the price so they can make it hit $69k on 4/20?

2024-03-24 01:14:11

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#tunestr
https://image.nostr.build/d9e2f0e1584458f6b0813ac1c27222575bcca75b0a29f9921670f479203bb86b.jpg

2024-03-23 20:20:53

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guess you're not on tiktok

2024-03-23 18:08:46

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The real rabbit hole is to find someone whose content you really like, then look at who they follow and who follows them. Check out *those* people and you'll find some good ones to follow.
It's okay to not be too selective at first, but you'll probably need to start culling before too long.
Good luck

2024-03-23 18:06:21

#Argentina child poverty rate near 70 percent; inflation over 250%.
https://www.reuters.com/world/americas/argentinas-child-poverty-rate-track-hit-70-unicef-warns-2024-03-12/

2024-03-23 17:56:01

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Los caminos... de la vida?

2024-03-23 15:52:47

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WHAT

2024-03-23 15:48:20

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#dogstr #grownostr

2024-03-23 04:05:56

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#nostrdesign I'd like links to nostr.band for each user profile, preferably opening inside the app, not a browser.

2024-03-23 04:02:07

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What is the argument for why Bitcoin is the best intermediate here, rather than any other crypto or stable?