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Conspire4Truth
Conspire4Truth@primal.net
npub1tk2v...ptf4
Truth seeker. Freedom lover. Bitcoin. CPA for the globally mobile and true Bitcoin companies who self-custody.
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Conspire4Truth 5 months ago
It really is as simple as the title of the white paper. "Bitcoin: A Peer-to-Peer Electronic Cash System" Run Knots. Spammers, feel free to move to Solana. They love your non-monetary data. image
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Conspire4Truth 5 months ago
Bitcoin is perfect money. Can't we just leave it as that? There are other options if you want to play cute games on a blockchain. image
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Conspire4Truth 5 months ago
Potentially, the world benefits from the Knots vs. Core conversation. Some people say Bitcoin can't be stopped. Well, that is fiction. Bitcoin can be destroyed over time by people chipping away at the ethos and code. Don't think for a second it will all take care of itself. There are many people with deep pockets who have plans to manipulate, obfuscate, and/or take over Bitcoin. Greedy and power-hungry people can and will do a lot of damage if individual users are passive and uneducated. Some say cute things like 'we don't want to limit the potential use cases for Bitcoin', so they try to make it 'more functional' i.e., like a shit-coin. But if that's what you're into, Solona sounds like a great place to play all those fiat games via blockchain. Each Person can make their own choice. After all, Bitcoin is the freedom money we're talking about. For me, it's pretty simple. Per the white paper, Bitcoin was created as "A Peer-to-Peer Electronic Cash System." As such, it can help lead to true worldwide freedom of exchange and commerce. I believe Knots is the tool to help keep us on the right path until Bitcoin Core devs can be purged and brought back on track. This conversation is crucial. Repeatedly, Bitcoin Core devs have said things that should make a true Bitcoiner's skin crawl. The conversation exposes their thinking and how they have NO concept of the founding principles of Bitcoin. Take, for example, Peter Todd, who supports the idea of adding 'Tail Emissions' to the Bitcoin code. For the uneducated, this means the 21M cap is gone... i.e. perfect scarcity is gone. Wake up people... This conversation is paramount to the entire Bitcoin community. If you want to treat your Bitcoin like you treat your government, by blindly giving free rein to those entrusted with power, then you can expect the same future for your Bitcoin, the US government now faces. A shell of what once was, wholly corrupted by power-hungry, short-sighted, and self-serving fools. I, for one, am on the side of self-sovernty. Bitcoin can be the tool to make the world more free and help level the playing field. image
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Conspire4Truth 5 months ago
Winners have a very common trait. They are consistently consistent. Pick a goal a be consistent with your effort and your desire to improve. image
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Conspire4Truth 5 months ago
People ask if Bitcoin is a religion. I dont' think so. But it's backed by math and code. Bitcoin is truth in money and all truth has a spiritual undertone. image
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Conspire4Truth 5 months ago
Ordered my Christmas presents from Lindey Magee. An amazing Bitcoin book for children. lindeymagee.com. image
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Conspire4Truth 5 months ago
Had luch with some friends... decided we should hit the range for some good times. image
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Conspire4Truth 5 months ago
Fiat is just a tool with serious limitations. I use it as needed to stack Bitcoin. I’ve found that unless I’m very deliberate and very careful, Fiat becomes a huge distraction. image
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Conspire4Truth 5 months ago
Intrinsic Value & the Flawed Argument Against Bitcoin.🧵1/4 Some argue against Bitcoin, claiming it has no intrinsic value. What is intrinsic value? In finance, there are different ways to calculate intrinsic value, but at its core, intrinsic value means an asset has 1) value on its own or 2) real, underlying worth. i.e. a value beyond market price. Is intrinsic value even real? image
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Conspire4Truth 6 months ago
To my friends in the Bitcoin Army, this may be the most important video about Bitcoin’s future I’ve seen. Don’t be naive, action by Bitcoin Core have consequences. Choose Knots for your node. Thank you Bitcoin Mechanic.
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Conspire4Truth 6 months ago
Part of life experience is knowing what not to do. - Sharon Eubank
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Conspire4Truth 6 months ago
Recently, a client received their annual token call from their 'financial advisor' who let them know it was time for portfolio rebalancing. This rebalancing would result in significant capital gains & taxes. I'm grateful she thought to reach out before approving the moves. Having previously been series 6, 7, 63, 65, and 66 licensed, I am familiar with the SEC rules and the minimum services that need to be provided to justify the management fees and the ability to claim 'fiduciary' status. I provided her a few questions for her 'fiduciary' advisor to help her make her decision. Here's what the professional's answers yielded. 1- The suggestion to 'rebalance' the portfolio was based solely on percentages of assets held in stocks vs. bonds and her age. 2- The proposed moves were not based on portfolio winners and losers. 3- The proposed moves were not based on hot investment tips generated by the large and well-known firm's market research division. 4- Her personal needs for cash and her likelihood to draw on her investment account were NOT considered. Knowing that she doesn't need access to the funds, she decided to temporarily forgo portfolio rebalancing because she feels she has the time required to bear potential stock market risks and fluctuations. Shockingly, she is paying almost $20K per year in management fees for this paltry level of service. For the privilege of having a 'fiduciary' manage her finances. I get it, some people don't want to learn about investing or make their own decisions about what to invest in. But do they really need to pay a nearly 1% management fee for this level of service? Knowing that the large firm is taking a good-sized cut of the management fee, how many hours of personalized service should an investor receive from a fiduciary? How about 20 hours? More? If you're paying a percentage of assets under management for a financial advisor, you should consider the minimum amount of service you expect for the fees you're paying. You're paying the fees, let them know your expectations. This is financial advice. 😉 One thing is for sure, the financial advisory system is seriously broken. Frankly, it disgusts me, and I'm glad I left the industry many years ago. image