The fact that personal investment has become so simple (stay humble, stack sats) makes many of the other strategies look like hobbies. Stuff like TA and waiting for the next FOMC meeting is clearly a cult rather than a strategy.
Marius
marius@mess.ch
npub18kmu...xwnr
life, freedom, reason, btc, cln, lnbits, https://mint.mountainlake.io ⛵️🎾📷
PV 
I sent a few eCash payments as DMs to various NoStars (aka Nostriches), with more than a dozen still uncollected. Even though clients render Cashu tokens nicely, people don't seem to notice. @eNuts ⚡️🌰
I liked @ZEUS better without the red warning informing new users that a wallet is custodial and without driving new users down the path of starting a node on the phone. In my opinion, there are too many assumptions about how people will (should!) use the app.
PV 
Not sure if my friends in the USA are aware of the fact that citizen of other countries (Switzerland, in my example) need to fill out forms like this when dealing with banks and Bitcoin services. Imagine we all had to do this for each country. Of course, we don't. What do you think when you see this form? Yes, me, too: Switzerland is not independent. 
In this important conversation (
@Matt Corallo and @Marty Bent point out the risk that Bitcoin will lose one of its most important properties, censorship resistance unless we Bitcoiners do something about mining centralization.
I think Bitcoiners allowed this to happen because of what I would call the "1 BTC = 1 BTC" fallacy. People praise Bitcoin's ability to transport value through time. They claim that all I need to do is buy and store Bitcoin in cold storage. This notion seems naive.
The value of the Bitcoin in cold storage is bound to evaporate by gradually altering Bitcoin's properties. Introducing effective censorship through miner centralization, as detailed in the TFTC episode, is one way of devaluing Bitcoin. Only if (Bitcoin value evaporation < FIAT inflation) do we have a better store of value. As Erik Voskuil brilliantly points out in Cryptoeconomics (https://voskuil.org/cryptoeconomics/cryptoeconomics.pdf), it is humans, willing to resist control and accept the risk of punishment, that secure Bitcoin. Therefore, the risk-sharing features are essential for Bitcoin, making this risk bearable for individuals.
Decentralization is another word for risk-sharing.
Fountain
Fountain
Discover millions of podcasts and emerging artists worth supporting. Powered by RSS, Lightning and Nostr.
My imagination is sometimes rather limited. True, I cleaned up my utxos a while ago (no sub 100k-soon-to-be-dust particles). However, I first need to see 100$ fees to start thinking properly about it. On April 20th I could clearly see the "black hole" between 100$ (max lightning capacity for most people) and 1000$ (where on-chain fee % start to become acceptable). We need to close that gap before fees will permanently be above what 100$ is today.
Fountain
Stephan Livera Podcast • The cost to hack bitcoin hardware wallets with Dmitry Nedospasov SLP566 • Listen on Fountain
Dmitry Nedospasov is a PhD in Chip Security, also known for his hardware wallet exploits in 2018 with the wallet.fail talk. Dmitry joins me to talk...
At our inspiring halving party pleb event, we collected donations to be split between HRF ( @gladstein) , @Gigi , and @OpenSats. The total collected was 1'783'227. I am going to pay out 594'409 sats to each of the above Bitcoin giants as soon as my lightning node finds a route or on-chain fees come down to reasonable levels. I will post the payment confirmations here.
Do we have anybody here on nostr representing compassmining.io in any form?
The paragraph below is copied from a speech given by Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, in January 2018. Later that year, Swiss citizens were going to vote on the introduction of sovereign money ([Vollgeldinitiative](https://www.vollgeld-initiative.ch/english/)).
Reading the speech six years later, two things spring to mind:
(a) The concerns he enumerated with transitioning to sovereign money, such as the need for central banks to supply commercial banks with liquidity by taking assets of those banks onto their balance sheets, happened anyway (QE) regardless of whether sovereign money was introduced or not (it was not).
(b) when we substitute "sight deposit accounts at the central bank" with "Bitcoin," the speech is expanded onto a global scope
Bitcoin is successfully and gradually introducing to the world what the Swiss initiative unsuccessfully aimed for in 2018.
[The paragraph from Thomas Jordan's speech on 16-JAN-2018](https://www.bis.org/review/r180118c.pdf):
"Furthermore, granting broader access to sight deposit accounts at the central bank carries risks for financial stability. In periods of heightened uncertainty, the public would likely convert large amounts of their sight deposits at commercial banks into digital central bank money. Sight deposits with commercial banks can already be converted into central bank money today, namely into cash. However, holding cash is comparatively expensive and inconvenient. In a scenario where the public is granted access to digital central bank money, the SNB would probably have to provide the banks with liquidity (‘lender of last resort’) more frequently and on a larger scale than is the case today. In return, it would have to take assets of the banks and the associated risks onto its own balance sheet."
(the speech is quite insightful and IMHO very clear and open about how money works)
The most significant risk to Bitcoin is a behavioral change in the guardians of our current financial system, which has existed since 1971. If they adopted a transparent, fair, impartial, reasonable, competent, and apolitical approach to managing FIAT, this could significantly delay the adoption of Bitcoin. Otherwise, LFG team #Bitcoin.
Are you looking for a deep break? Listening to "The Illusion of Money" by Allen Watts who tells us that "Money simply represents wealth in rather the same way that the menu represents the dinner."
Bitcoin is.
Today I sold my MG Magna L-Type. The car was built in 1933 and participated in numerous hill climbs and circuit races since. I had a lot of fun with the car on the road and naturally also spent countless hours restoring/improving it with the help of a professional garage. 
Some quotes copied from "National Emergency: Executive Order 6102 and the Heist of the Century", an excellent article by Julian Fahrer and, imho, important for Bitcoiners to factor into their strategy.
"Realizing that the government is not your friend is like learning that Santa Claus isn’t real. A necessary part of growing up, but a potentially traumatic fact that needs to be introduced to children carefully."
The method with which gold confiscation was made legal was described in the article as "More like a Frankensteinian chimera lab rat fed plutonium for breakfast."
"History has shown that the invocation of national emergencies has, time and time again, given the United States government almost unlimited capacity to encroach on civil liberties."
"The […] answer is to do a basic pattern match between 1933 and today. People had money the government couldn’t control; Government wasn’t happy; Government stole the money. No more analysis required: the Feds will steal your stuff."
@Bitcoin Magazine
Bitcoin Magazine
National Emergency: Executive Order 6102 And The Heist Of The Century
A comprehensive history of the events leading up to the historic Executive Order 6102 under FDR that led to widespread gold confiscation in the Uni...
Just realized: If you quote your products in fiat you need to put an expiration date. If you quote in Bitcoin this is not necessary as products will automatically get more expensive the longer the customers waits.
PV 