For the #powerlaw enjoooors

**Life is a Web of Trust: An Exploration of Interconnected Reliance** **Introduction: The Metaphor Unveiled** Imagine life as an intricate spider's web, each silken strand representing a trust relationship. This web, delicate yet resilient, connects every facet of human existence. Its strength lies in interdependence, where each thread supports others, creating a network that underpins societies, relationships, and institutions. **Personal Relationships: The Core Strands** At the heart of the web are personal bonds—family, friends, and partners. Trust here is built through consistent actions and empathy. A child trusting a parent, or friends confiding secrets, exemplifies foundational strands. Betrayal, like a snapped thread, can destabilize nearby connections, yet repair is possible, though the scar remains, altering the web's texture. **Societal Trust: The Invisible Infrastructure** Beyond individuals, trust extends to institutions: governments, banks, and media. These strands enable societal function, like citizens trusting laws or consumers trusting currencies. The 2008 financial crisis illustrates a frayed institutional strand, triggering global repercussions. Conversely, high-trust societies, as political scientist Robert Putnam notes, often exhibit greater economic efficiency and happiness. **Professional and Digital Realms: Expanding the Web** In workplaces, trust fosters collaboration and innovation. Leaders who cultivate transparency strengthen team strands. Digitally, trust morphs into cybersecurity and data privacy. Each online transaction is a virtual handshake, relying on encrypted threads. Breaches, like phishing, exploit trust, highlighting the web's vulnerability to malice. **Cultural and Psychological Dimensions** Cultural norms weave varied patterns: some societies prioritize familial trust (e.g., Confucian cultures), while others lean on institutional (e.g., Nordic countries). Psychologically, trauma can fragment personal webs, as seen in trust disorders. Yet, resilience emerges as new strands form, illustrating the web's dynamic nature. **Repair and Resilience: Mending the Web** Trust, once broken, can be rebuilt, though altered. Restorative justice and accountability act as moral looms, reweaving torn strands. Philosopher Onora O'Neill argues that trustworthiness, not blind trust, sustains webs—emphasizing competence and reliability. **Conclusion: Nurturing the Web** The web of trust is both fragile and formidable. Each act of integrity strengthens it; each deceit weakens. In a world increasingly interconnected yet polarized, nurturing trust—through empathy, transparency, and justice—becomes not just personal virtue but collective necessity. As we spin our strands, we contribute to a web that can hold humanity’s weight or unravel it. Let us choose wisely.

#gm #nostr #coffeechain #plebchain choose your fighter

#mempool practically empty

Satoshi somewhere #gfy #gm #nostr #plebchain #coffeechain #bitcoin

14% #wtf

#bitcoin #bible #coffee what’s else is needed? #gm #nostr #plebchain

Purrty

ht @GMONEY #plebchain #1776

An expanded but still punchy version tailored for Nostr: --- **🚨 Fed Unwinds Crypto Guidance for Banks** Major shift from the Federal Reserve today: 🔹 **No more pre-approval** needed: Banks no longer have to notify the Fed before engaging in crypto or dollar token activities. 🔹 **“Supervisory nonobjection” process is toast**: That extra hoop for dollar token activity? Gone. 🔹 **Fed & FDIC pull out of 2023 joint warnings** about crypto and liquidity risks. 📣 The Fed says this is about keeping up with **evolving risks** and supporting **financial innovation**. 👀 Translation: - Banks now have **more freedom** to experiment with crypto - Fed will shift to **monitoring, not micromanaging** - Still leaves the door open for **future rules** if needed Net-net: regulatory guardrails just got looser.

Board of Governors of the Federal Reserve System

Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities

The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and ...

#testnet4 #plebchain #asknostr fam, could you hook a pleb with some tasty tsats? tb1qnjsu7afgun7u8hv4n082vhdzrltzvmy62clm0v

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

#mempool #plebchain

@jack mallers your proximity to the money printer has always been an edge for you. Congratulations Jack. Hopefully this doesn’t turn to tradefi #ico @twentyonecapital

Here’s the bull case for Twenty One Capital—why this could be a generational bet on Bitcoin infrastructure: ⸻ 1. Third-Largest Corporate Bitcoin Holder – Instant Credibility • Launching with 42,000+ BTC puts it just behind MicroStrategy and Marathon, giving it immediate name recognition and relevance in institutional Bitcoin circles. • Investors looking for direct BTC exposure without ETF constraints may flock to it—especially if it trades at a discount to NAV. ⸻ 2. Jack Mallers = The Bitcoin Maximalist’s Champion • Mallers isn’t just a figurehead—he’s deeply embedded in Bitcoin payment infrastructure (Strike). • His leadership can attract top talent, retail loyalty, and Bitcoin-native institutional partners. • He’s publicly aligned with Bitcoin’s ethos: open, decentralized, self-sovereign money—something institutions increasingly want exposure to. ⸻ 3. Strategic Investors with Deep Pockets • Tether, SoftBank, and Cantor Fitzgerald are no small players. • Tether brings access to liquidity and stablecoin rails. • SoftBank injects credibility in Asia and emerging markets. • Cantor opens doors to Wall Street pipelines and compliance infrastructure. ⸻ 4. Bitcoin-Native Financial Infrastructure = Blue Ocean • Twenty One isn’t just buying BTC—it plans to create Bitcoin-denominated capital markets. • Metrics like Bitcoin per Share (BPS) and Bitcoin Return Rate (BRR) could become standards for BTC-native companies. • If successful, this sets a new financial paradigm where Bitcoin is not just an asset—but the unit of account. ⸻ 5. The SPAC Route Could Be a Trojan Horse • SPACs are hated right now—but that’s the point. • If this trades at a discount to BTC NAV, it gives value investors and Bitcoiners a liquid, tax-advantaged entry point. • Could attract activist investors, especially if they hold real BTC versus paper claims (unlike ETFs). ⸻ 6. Network Effects from Partnerships • Potential @strike Strike + Tether + Cantor integrations could enable: • Global payments (via Strike) • BTC-backed credit markets • Bitcoin-native treasuries for emerging market firms • Twenty One could monetize Bitcoin beyond hodling—as a base layer for financial services. ⸻ 7. Regulatory Moat Over Time • The alliance with Cantor and SoftBank gives it a leg up on navigating U.S. regulation. • If stablecoins or Bitcoin infrastructure firms get licenses, Twenty One could be first to market with Bitcoin-native ETFs, insurance, lending, etc. ⸻ Bottom Line (Bull View): Twenty One isn’t just long BTC—it’s long Bitcoin as a monetary system. If executed right, this becomes the Berkshire Hathaway of Bitcoin, building and acquiring BTC-native infrastructure while the rest of TradFi plays catch-up.

Here’s the bear case for Twenty One Capital—why this new Bitcoin-native venture could underperform or unravel: ⸻ 1. Bitcoin Exposure = Volatility Amplifier • Holding 42,000+ BTC at launch makes Twenty One a leveraged bet on BTC price. • If Bitcoin corrects 30–50%, Twenty One’s equity could collapse, echoing what happened to MSTR in past drawdowns. • Lack of diversified assets makes them vulnerable to macro risk (Fed tightening, ETF outflows, etc.). ⸻ 2. Tether Involvement = Trust Issue • Tether (USDT) still faces transparency and regulatory scrutiny around reserve backing. • If Tether faces a serious legal or liquidity event, Twenty One could suffer reputational and financial contagion, given their ownership stake. • Critics may view the venture as an attempt to use Bitcoin optics to whitewash existing risk exposure. ⸻ 3. SoftBank’s History with Tech Bets • SoftBank has a mixed track record (e.g., WeWork, Katerra, Oyo). Backing high-conviction, high-volatility companies without clear exit paths. • Their involvement signals capital, not necessarily strategic soundness. ⸻ 4. Public Markets & Regulatory Pressure • Taking this company public via SPAC invites intense SEC scrutiny. • Bitcoin-denominated metrics like “BPS” and “BRR” are unorthodox—could be misunderstood or rejected by institutional investors. • Regulatory crackdowns on crypto firms, stablecoins, or self-custody could force structural changes. ⸻ 5. Mallers as CEO = Binary Risk • @jack mallers is visionary, but not tested at the helm of a multi-billion dollar public company. • Strike has had limited success scaling beyond Bitcoin maxis. • Execution risk is high—can he pivot from startup rebel to corporate leader? ⸻ 6. The SPAC Curse • SPACs have a terrible track record post-merger. Most drop 50–90% within 24 months. • Investors might front-run redemptions, especially if BTC drops during de-SPAC window. ⸻ 7. Lack of Product or Revenue Strategy • Owning Bitcoin is not a business model. • If no real Bitcoin-native financial services (custody, yield, payments) are offered, it’s just another BTC ETF with overhead. ⸻ Bottom Line (Bear View): Twenty One might be a Bitcoin ETF wearing a hoodie. Unless it builds real infrastructure, it’s exposed to BTC downside, SPAC dilution, and regulatory risk—with limited upside if it’s just a holding vehicle.

😬

J = (Σᵗ(Δᵢ • πᵢ) + β₁·BTC + β₂·MSTR + λ·F) / (R + C)

This pos is a scammer from France running @SatsFaucet on the bird app www.satsfaucet.com I have recommended a lot of #plebs to this site. I have a great crew, but unfortunately this asshole has decided not to pay users in two months while he collects payments from these different paywalls. Spent a lot of time debugging and troubleshooting for this scammer now to ghost everyone he owes hundreds of thousands of sats too. Help me find this piece of shit #plebchain #scammer my crew is actively reporting every paywall, his AWS hosting, Cloudflare. You can help by leaving a one star review. They tried to leverage trust pilot reviews. Help me change that. It’s not about the sats It’s about the principal.

Trustpilot

SatsFaucet is rated "Great" with 3.8 / 5 on Trustpilot

Do you agree with SatsFaucet's TrustScore? Voice your opinion today and hear what 164 customers have already said.

#badmedicine is what I need

lnbc10u1pnlh2fkpp5yqws62vkdkkyev5h2wf4628adadn00066vmckqm48uzeq42tmgesdp52pshjgzqveex7mn5wf6kucnfw33k76twyphkugzxda6kuarpd9hqcqzzsxqzjcsp5h07rk4tnvgsmx2x2d0fyfh90wae8v3t6p3eq3gl774x9cwy040zs9qxpqysgqax92dsmajn8j2wnfxzh06axd9k4d90nn73xyywc29xa4xs96zeyqg4603dks2avwz7nkj24a3d52rz9g6tt443rushntxu0d5w0ac4gpkz4j0g #plebchain