Who knows what the blue line on this chart represents?

100,000 people die from drug overdoses a year and 50,000 die from suicide a year and we are worried about gas stoves. Priorities. View quoted note →

Has anyone written an article or anything to rebut gold bugs argument against bitcoin volatility that talks about imagining if there was a price chart for gold right when it was discovered and how volatile the price would’ve been? I don’t know if I’ve seen anyone make this point (although I’m sure someone has), and I think it’s an easy slam dunk response to the Peter schiffs of the world.

Views from the home office today

My favorite part of this article is: View quoted note →

I swear I saw a high profile interview a few months ago of someone saying rap sucks now because there’s no beef so there’s no passion in the music. Now we have all the rope rappers beefing and dropping hits 🤔 coincidence?

The tornado cash case is going to likely set the precedent for what “money transmitting” means for purposes of bitcoin. The case will mostly hinge on how “transfer” should be defined within the meaning of Section 1960. As these screenshots show, the government argues that it means “by any and all means” and that “control” is not a prerequisite to be considered a transferor. They use examples like a USB cable being a transferor of data and a frying pan transferring heat from a stove. By this logic, anyone operating hardware or software which Bitcoin runs through could be deemed a money transmitting business. However, this is obviously overly broad. My guess is, if the judge has common sense, he will see that a line needs to be drawn somewhere. The easiest line to draw is by making control a prerequisite. Otherwise the governments reasoning opens up liability to almost any tech company providing software or hardware. The line of reasoning is simple: Are dell and Microsoft money transmitting businesses because their laptops and software enable you to send money to someone in e-commerce? No. What about your ISP whose internet connection enables the transfer of data to complete an internet purchase? No. Why? Because they aren’t exercising control over the transaction, they are just providing the rails that make it possible - and have no further involvement.

I’m ashamed to admit I haven’t run my own node but I’m now going to. What’s the best way to go about it? Raspi? Cheap laptop? Any tips appreciated!

LMAOOOOO

As I said yesterday, samourai is just the first domino to fall. Non-KYC exchanges are next. After that, new 2025 IRS regs and form 1099-DA will seek to acquire identifying info on *every single transaction* made by *every single wallet*. This is a coordinated effort by all agencies to eliminate privacy in Bitcoin. View quoted note →

Wen mixer over nostr

Imagine the hammer that would’ve been dropped on Satoshi by the government if he wasn’t able to remain completely anonymous.

Nice @jack

TechCrunch

Block lets Square merchants convert a part of their daily sales to bitcoin | TechCrunch

Block announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily savings to Bitcoin.

Tip for all the European plebs who just got access to strike - when you’re withdrawing to cold storage, always do the free 24 hour withdrawal. It does take a while but I’ve never had to actually wait 24 hours.

Sam Altman gives off the biggest weasel vibes of all time

Chivo wallet was El Salvador’s biggest mistake https://atlas21.com/el-salvador-group-of-hackers-publishes-chivo-wallet-atm-code/