Legacy US dollars are NOT CBDCs The Fed does not directly issue digital cash to the population right now It issues cash (not a CBDC) and otherwise private corporations issue dollars Tether is not a CBDC for many reasons but primary amount them is that it does not require ID to use The central purpose of a CBDC is to surveil and track and control and this isn’t possible to do if you don’t know who is using the money If Tether starts requiring KYC then maybe it can morph into a CBDC but then it loses most of its global value proposition View quoted note →

“Crypto” perfectly summarized

I hope this is not the case

Obviously right now we live in a fiat world where Bitcoin is a small but growing part of the global financial system I think it’s possible we could live briefly in a fiat world actually “backed” by Bitcoin in the way BW system was dollars “backed” by gold But not for long. Don’t forget BW only really lasted about 15 years I think BTC obsoletes / replaces USD but this is still a wild chart (from ZH today) Crazy to think how much of this has already happened or is in the works

Not sure if this is the way…

Oil economies in the Gulf propping up a new dollar market Where have we seen this before?

Epic thread 🧵 View quoted note →

Welcome Monero folks to nostr 💜 😂 View quoted note →

Freedom Tech at the Oslo Freedom Forum this year is going to be 🔥 🇳🇴

Perfection 😂

Super energizing for me to see my work being used by educators and meetup organizers like this Onwards! ✌️ View quoted note →

V interesting

Remarkable BBC piece explaining how Bhutan has used Bitcoin mining off hydroelectric power (which it otherwise sells to India for next to nothing) in order to generate a prodigious stack worth 30% of its GDP 🇧🇹

👎

Well, it’s freedom everywhere, but especially in some places! Killer profile of HRF’s programming at the MIT Bitcoin expo

The Berkeley Beacon

In authoritarian countries, bitcoin is freedom

Activists from Russia, Togo, Venezuela, and mainland China rely on bitcoin for independence in countries where supporting political freedom is puni...

This was def a real one Was on a zoom call and had to be like, hold on a minute 😂

Welp

✌️

gm Bedford 🇬🇧 ☀️