Bisq is somehow not making much progress, is it? The most liquid market is the EUR one and it stands at 1BTC liquidity for buyers willing to pay whatever price 0.25BTC for more price sensitive buyers 0.6BTC for desperate sellers 0.03BTC for cautious sellers

You need a vast directed graph for a wot. Follows form a vast directed graph but they are only a mediocre heuristic for "trust". But we have to start somewhere ... View quoted note →

There's presidential elections in Chile today. My 5yo asked what happens if [candidate] becomes a thief?

With a slightly broken internet on my laptop, YakiHonne appears to be the best option at this point. Was Damus with its offline browsing available in the browser, too?

Where are the Bitcoin and Nostr based competitors for polymarket at? I want a DLC/Cashu hybrid where a whale can install a broker app that contains a mint and lower-stake users can bet through his mint's tokens. Gemini told me that this was being built right now but it's not a real user facing product yet. 🔥 @conduition @calle @Rob Woodgate

X (formerly Twitter)

Michael Saylor (@saylor) on X

Yesterday at Bitcoin MENA, I presented my keynote on Digital Capital, Credit, Money, and Banking.

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In the early days of Bitcoin, a mysterious figure known as pirate@40 accumulated a hoard of over 700,000 BTC. He didn't just hold. He bamboozled the world with "First Bitcoin Savings and Trust," a mysterious product generating fantastic yields based on opaque market arbitrage. But the Pirate couldn't be bothered attending to the plebs himself. He eventually set a minimum buy-in of 50 BTC. Nature abhorring a vacuum, venturing entrepreneurs took up the task, creating "pass-throughs" to bundle retail capital for the Trust so the small fish could chase the same impossible returns. In unrelated news, Michael Saylor is now discussing the creation of "digital money", tax-deferred, interest-bearing stablecoins yielding 8% backed by MicroStrategy credit. He notes that "partners" could launch them, as the corporation won't deal with the masses directly. It seems the High Priest of Cyber Hornets now needs his own pass-throughs to channel "digital energy" from global retail. History might not be repeating, but the structural rhyme of a massive central hoard seeking retail liquidity through yield-bearing intermediaries is getting louder.