BitcoinDarjeeling's avatar
BitcoinDarjeeling
btcdarjeeling@northeastnet.in
npub19pg9...vlf2
Building a community of bitcoiners in #Darjeeling, #Kalimgpong, #Gangtok
image During this sudden $60k #Bitcoin price fall yesterday, its noticeable that Indian bitcoiners refused to follow the global price to keep selling. The INR price premium which usually stays 2~5% was above 11%. Regards to Bitcoin, #India has no public institutional investors. It only has retail, traders and heavy P2P market (Bisq and handshakes). I'm not good to deeply understand trading markets, but this seems like resistance to sell. Price can only continue to fall while someone is still selling lower and lower. Did we run out of sellers at that price? India is definitely the no.1 country in bitcoin ownership. After all that should have a considerable stand to demand a global price. Could it be that the global price fall could not continue because the indian traders kept moving more and more bitcoin from the west to the east? We are like that.
#Bitcoin Desiboard gets the first 2026 upgrade: The price premium is also now editable. It recalculates the entire price box only. The tab/title bar now has realtime price. The a tiny REST API for price is coming tomorrow. Geyser page:
Making more @desiboard tweaks. The price calculator is quite popular. Trying to make the Premium editable. image FYI :- All price edits stay local to the browser. No ajax. Not even google analytics installed.
"मेरा अब #टैक्स को लेकर नजरिया बदल गया है। ऊपर से देखने में लगता है कि ये बस सरकार के लिए पैसा जुटाने का तरीका है।आखिर सरकार को कहीं न कहीं से पैसे तो चाहिए है। लेकिन अब मुझे लगने लगा है कि टैक्स लगाने से ही सरकार और जनता के रिश्ते को बदल देता है। जब सरकार सीधे सीधे लोगों की कमाई पर टैक्स लगाने लगती है, तो वो लोगों की सेवा करने वाली संस्था कम और उनसे पैसा निकालने वाली मशीन ज़्यादा बन जाती है। इससे एक टकराव पैदा होता है कि सरकार जनता को जवाब देने के बजाय उस सिस्टम को जवाब देने लगती है जो लोगों से पैसा वसूलता है। और अगर आज आसपास देखो, तो साफ दिखता है कि हम जो टैक्स देते हैं, उसका इस्तेमाल असल में हमारे भले के लिए नहीं हो रहा। ... टैक्स सरकार के काम करने के तरीके को ही बिगाड़ देता है। और इसी वजह से इसे खत्म होना चाहिए।"
Block 899328 (June 1 2025): image Bitcoin the energy currency has lost its shine to #silver. To power even more solar panels and batteries. Block 929820 (28 Dec 2025) image Not the wars. Not the petro dollar. Not the WTO. No FTX or UST or any other garbage either. Now we begin the fight with the old guard. The best energy conductor is what it takes to beat #Bitcoin. for now. Get started for the final match.
Excellent conversation. #India continued the exact same Imperial Administrative Service, only changing by name. Even today they are all permanent government employees. Although with the current inequality of income, they all take side of the kickbacks. Surprised that UK government, or even the prime minister is such handicapped. Liz Truss: The UK Needs a Trump Style Revolution | The Peter McCormack Show
Why some people never go from understanding #Bitcoin to owning Bitcoin — and how to fix that
#Bitcoin is doing its thing. And if you are worried, you have not completed your first cycle yet. See you on the other side.
#EVs are #Fiat money garbage. Hard money like #Gold and #Bitcoin economics would automatically wipe it out. Most of today's technological and scientific advancements are bonkers, including #LEDs, #mRNA, #IoT, #EVMs and even #AI.
Capital invested in providing a currency is a tax upon the productive resources of the community. ... What is, then, to be said of a monetary system which did not obviate the evil consequences of barter, although enormous capital was withdrawn from productive sources, to act as a single circulator of commodities? Diseased money is worse than want of money. - B. R. Ambedkar, 1947, p 19, The Problem of the Rupee. image