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BitcoinBrabant
npub1qvwdl9rp7a5ghrxv57wnml5ehg2whjh708vys6kaxpkgu0z3aclsuy2h4p
npub1qvwd...2h4p
Supplying sovereign bitcoiners since #700.000 '21.
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BitcoinBrabant 10 months ago
For the plebs who missed the Eindhoven meetup yesterday. The English interview with Alles voor Bitcoin podcast host and official goodbye was interesting. What is bitcoin brutalism? Where are we and where are we going. Self custody risks etc. We’re going to miss the most controversial voice of the past 3 years and his podcast a lot. Thanks for the proof of work. And bear in mind, PROOF OF WORK IS LIFE.
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BitcoinBrabant 10 months ago
Iedere dag krijgen we vragen binnen of iemand kan gaan minen op zijn of haar locatie. Warmte nodig? Goedkope stroom? Stroom over? Nieuwste of oude miners? Rule of thumb, boven de €0.05 per kWh niet aan beginnen. Hele jaar warmte nodig, groot deel gratis stroom of je krijgt zelfs betaald voor t consumeren van stroom of hebt een batterij geplaatst die grootste deel van t jaar niet leeggaat. Er zijn cases waar t uitkan, meer gedetailleerde calculaties maken we als we zien dat t misschien uitkan. Hitrate in Nederland… <1/100 aanvragen. Omdat we 1 van de hoogste stroomprijzen van de wereld hebben, kan je simpelweg niet concurreren met groot deel van de wereld waar stroom nagenoeg gratis is omdat het als basisbehoefte wordt gezien… daar gebruikt men dus de warmte niet en schakelt men ook niet af, want er is toch vrijwel altijd stroom over…
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BitcoinBrabant 10 months ago
We just ordered 100 new bitaxe gammas. The issue is, will you sell them and when. We still have over 100 Supras in stock. Bought when the bitcoin price was much lower last year. We don’t know if they will be sold and if they are sold it’s at a tremendous loss in bitcoin terms. Most people say we should take out a loan to fund our stock (>€100k) so we don’t miss the upside potential of bitcoin. We looked for it, but paying fiat to loan fiat just doesn’t feel right. Loans enslave and the interest rates for company loans are currently around 9% over here. By not having any loans, there’s more freedom to the business. Many just call us stupid because we are constantly losing bitcoin because of it. But let’s imagine you can’t sell the supras or you even have to sell them at a loss in fiat terms (as we are currently doing). If we would have a loan we would have to pay back the loan and the interest. You’re just making the bankers and the system survive longer isn’t it? Only at large scale 0% financial engineering looks like it makes sense. In all the other instances, you sign up for slavery. Shipped quite some bitaxes again today. Will probably be out of stock for the gammas for a little while soon… or we call our emergency friend @npub1pg4l...hp9w we have been helping each other out a lot over the past 1,5 year. Stay humble, stack sats. image
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BitcoinBrabant 10 months ago
We are averaging over an order with bitcoin a day, it should be much higher. But since we started to accept fiat again people prefer to pay the premium even… View quoted note →
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BitcoinBrabant 10 months ago
It’s Saturday evening 20:30, we’re packing orders for plebs. What are you doing? image
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BitcoinBrabant 10 months ago
Curious if this is going to be the first day in a long time without any order. The number of orders have declined, asking around a major drop in orders is felt not only in the bitcoin related shops. Also other non bitcoin businesses are seeing lower volumes. Curious what other people see in their field of work. What is the sentiment like? What is happening volume wise? Please don’t reply if you’re working for the military industrial complex.
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BitcoinBrabant 10 months ago
So it’s plebday today and we decided to agree with 3 vendors to give an insane discount to make Bitaxes available for the plebs below cost price. The current discount means that you can get a bitaxe below €100,- between 18.00 and 22.00. The discount code was created by the famous pleb 100AcresRanch. Enjoy!
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BitcoinBrabant 11 months ago
Woensdag 19 maart nemen we je mee op reis in de wereld van bitcoin opslag. We behandelen de volgende onderwerpen: - geschiedenis - huidige mogelijkheden - toekomst - risico’s en afwegingen Deze sessie zal vooral interessant zijn voor degene die geïnteresseerd is in het lange termijn veilig stellen van bitcoin. View quoted note →
Waiting so many weeks for hundreds of bitaxes, still having 800 adapters in stock, waiting for weeks on 48 black and standard coldcards to be delivered, hassle with customs about a pallet of 150 foundation passports. Every second we have paid stock sitting around we lose bitcoin. And tbh we know we’ll keep on losing bitcoin, we have the purpose to spread sovereignty. If we wanted more bitcoin we should have kept our fiat jobs… The thing is, after the ledger hack, after seeing so many scams we wanted to become a trusted advisor and vendor. We believe we have a place in this ecosystem, even though we lose bitcoin through it. We’re here to meme bitcoin into hyperbitcoinization! And only through sovereign people this can be reached. Don’t forget that you are your bitcoin! image
The practice of withdrawing your bitcoin from exchanges on January 3rd is rooted in several significant reasons, often encapsulated under the event known as "Proof of Keys Day." Here are the key rationales: 1. **Security and Ownership**: The core principle of "Not your keys, not your coins" emphasizes that if you do not control the private keys to your bitcoin, you do not truly own it. Exchanges hold these keys, which means you're trusting a third party with your assets. Withdrawing your bitcoin to a personal wallet where you control the keys mitigates risks associated with exchange hacks, mismanagement, or insolvency. This day serves as a reminder to take back control of your assets. 2. **Verification of Exchange Solvency**: January 3rd, which coincides with the anniversary of the genesis block of Bitcoin, is used as a day to test the solvency of exchanges. By withdrawing funds en masse, users can check if exchanges can fulfill all withdrawal requests, exposing any potential issues with fractional reserve practices where exchanges might not have 1:1 backing for all deposited cryptocurrencies. 3. **Promoting Decentralization**: Bitcoin was created to promote decentralization and reduce reliance on centralized institutions like banks or, in this context, exchanges. By withdrawing your bitcoin, you're actively participating in the philosophy of Bitcoin by decentralizing your holdings and not leaving your digital assets in centralized custody. 4. **Historical Precedents**: There have been numerous instances where exchanges have either gone bankrupt, been hacked, or failed to return users' funds. January 3rd serves as a practical reminder to avoid such fates by securing your assets in personal storage. Events like the FTX collapse underscore the risks of keeping substantial amounts of cryptocurrency on exchanges. 5. **Educational and Community Engagement**: This annual event also acts as an educational opportunity for newer users to learn about the importance of self-custody and how to manage their own wallets securely. It fosters community engagement by encouraging discussions on the importance of personal responsibility in cryptocurrency ownership. 6. **Anticipation of Regulatory Actions**: There's a concern among some Bitcoin advocates that future regulatory actions might restrict the ability to withdraw cryptocurrencies from exchanges to private wallets. Withdrawing on this day can be seen as a proactive measure against potential future restrictions. By participating in Proof of Keys Day, Bitcoin holders are not only securing their own assets but are also collectively contributing to the robustness and integrity of the Bitcoin network. Remember, while this day highlights the importance of these actions, the principles behind it apply year-round for secure cryptocurrency management. image
Proud to announce the long awaited batch v1 Portal by @npub1n3h6...2j0t. It's a game changer for self custody. As the first official reseller and supporter of the portal. The easiest way to self custody your bitcoin is here. A signing device without a battery, directly powered through your phones NFC. It only has a single button! It works together with nunchuk.io and bitcoinkeeper. Bleuwallet is also going to be joining the party soon. We only have 15 in stock so if you want one you need to be quick. We will have the next batch of 85 units coming soon. To order:
We did a poll on X (don’t know how to do it on Nostr) and disappointing 91/260 potential customers for amazing products is not an option. The answer as some perfectly noted is in the middle. We will list what plebs need and we want to ensure sovereignty and freedom. There are pros and cons with every decision. We will remain an official reseller for bitcoin only open source and open verifiable devices. We would still love to see open verifiable change to open source, but that clearly is not going to happen. View quoted note →
So there’s a ton of drama around our friend and long time open source contributor @Djuri project BTClock. As an official reseller (by taking over the shop of @Wenze ) of @Coinkite products like @COLDCARD and opendime etc. we now have to ask ourselves if we want to proceed with selling these products. The behavior of @DETERMINISTIC OPTIMISM 🌞 against open source development in the space is strange to see. The products are fantastic, but why would you attack it with a cease and desist order? So a request for comments and dialogue here on Nostr as one of the largest resellers of @Foundation @SeedSigner @BitBox @Blockstream Jade, bitaxe, books and educational material and a lot of other products is in place. We just a couple of days ago restocked on coldcard Qs and to be honest the margins are the worst on the products out of any manufacturer. We always have significant stock levels because we want to be able to deliver directly and safely, we invest in this and therefore have high stock levels on the coinkite products currently. If we would dump the products this would mean a significant loss now and in future revenue. So this is a complex decision. Because a lot of people use these solutions for amazing setups with @npub1cvql...yjt3 and @craigraw sparrow FE. So this post is a sentiment check. Let’s see how the bitcoin community feels about all this drama. We’re here for the bitcoiners. And will always supply what is asked by the plebs and we’re here for the plebs. Doing our best to supply freedom since #700.000. Oh and btw, every drama is good for bitcoin. Thanks if you reply or have an opinion in comments or repost, this helps increase the views apparantly. This Nostr account will zap comments 😉⚡️
People don’t understand that the $5,- donation per bitaxe and the open source development around mining will snowball the following: - few bitaxes, how fun - 1 block a month solo mined, people start to understand the lottery principle - 1 block a week (couple million solo miners) Meanwhile, radical bitcoiners buy a freaking new machine from ASML and start to dump cheap ASIC chips on the market. Everyone starts to build on the developed open source stacks and you can get mass produced “miners” super cheap for every dimension and purpose. We will heat/use excess electricity and join the lottery while decentralizing the network. Meanwhile companies with excess/cheap electricity/need for heat will run their own “pool” instance ensuring freedom of transaction is preserved. Open source mining should develop faster than its closed source competitors, but it starts at the ASIC level. And that start is expensive. View quoted note →
We deliver directly from stock and keeping stock levels Sufficient is a challenge. We tend to overestimate demand and lose more bitcoin on the way. Find our updated stock levels every day. The product range has become so large it’s sometimes hard to keep up 🔥 Thanks everyone for the support and requests for products. More products in shop soon. @COLDCARD #tinyseed