Not only Gary Gensler clearly states that he was forced to approve the ETF because of the court order and that it would otherwise probably didn't happen. But he also didn't forget to mention his views on every other crypto... I'm so bullish on #bitcoin
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Petroit
petroit@petroit.cz
npub1wtmm...rhdh
Bitcoin is the protocol that will set us free...
Have you read official statements from SEC's people regarding the #bitcoin ETF approval? Seems like quite a diverse bunch of opinions. Ranging from absolute distancing from the approval to distancing from not approving it years ago... 🤯
Basically Gary says they did it just because of the court order. Hester Pierce said it should have been approved a long time ago to avoid this circus. Caroline Crenshaw distances herself from the decision and views it as down right bad and Mark Uyeda is somewhere in between.
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SEC.gov | Speeches and Statements
Stickering spree. Pushing #bitcoin into subconsciousness of people. And who knows...if it makes one person stumble into the rabbit hole, it's worth it.
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I came to put in some stickers and talk shit about the state. And I'm all outta stickers...
My fav kebab place in my hometown.
#bitcoin #orangepilling
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#bitcoin reached parity with the Vietnamese dong in October 2017 and then again in April 2019. Since then 1 sat > 1 dong.
Right now it reached parity for 2nd time in the Czech Republic, where 1 sat = around 1 haléř. (Smallest unit of our Czech crown)
Which currency is next?
By holding #bitcoin we are casting the strongest possible vote against war, crime, and all injustice.
By holding bitcoin we vote for peace, reason, and the truth.
The less fiat you have, the stronger the vote...
Thanks to #bitcoin I found passion of epic proportions. I had quite a few passions throughout my life. But this one is different.
I know it will change the world as we know it. It will make it better. It immensely changed me, just in a span of few short years.
It's such an incredible force for all things good, true, and healthy that it makes it difficult not to scream it out loud into the world, to not try to wake up everyone.
I have friends who don't really have passions and it's hard to grasp the fact that bitcoin could not be someone's passion.
It made me see the world through another lens which also made all my other passions much more enjoyable and profound.
So... It's the 15th birthday for teenage Bitcoin. I'm grateful, and I hope you'll keep on changing people's lives. Every ten minutes, a couple of normies at a time. Tick tock...
Do you know how many atoms and microscopic black holes contains this delicious cup of coffee?
Neither do I...
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We are in the year 2024 AD. But today we are celebrating year 15 AB (After #bitcoin)
Millennia down the road, people will be counting in ABs and BBs, and wondering what it was like these days.
Enjoy the privilege to live through these years.
I finished Broken Money by @Lyn Alden in sauna on New Year's Eve. Fun to read. Educates, explains, elevates. 100% recommend.
Now I'm in 2024. Starting it with #Bitcoin : Return of Sound Money by @Josef Tětek
Let's get one step closer to fixing the world in 2024...
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Correct me if I'm wrong... But among other things, Vitalik also says that:
1. Many projects use blockchain just so that they can secure (easy) funding.
2. Points out how projects are starting to get centralized and how it is impossible to ensure decentralization in PoS.
https://image.nostr.build/b8c99e31c0797b6133855d37c0edae69ca062115abec73068a4b45f037d66cd8.jpg#m=image%2Fjpeg&dim=962x598&blurhash=rkRfXbV%3Fogaxogaxogaxogf6axjsa%23j%5Bf7fQayfRgSbJf5j%5BjYa%23jrfkaxV%3Dj%5Ej%5Daxj%5Bf6j%5Da%7Dj%5BocaybIj%40azjtazj%5Daykujsjsa%23f5j%5Df5flf5&x=5982b223c476e3f83a2f5b718bd1e1765507e5d5a69868259ed2c3cc0bd5a0d4
He says as projects get bigger, they abandon their ideals => This confirms just how people are corruptible and how you can't have anyone in charge.
At the same time, he says it may not be possible to ensure decentralization on the PoS protocol level. And that is why we do PoW.
Vitalik is wicked smart, no arguing about that. But it feels like he is maybe coming to some realizations. I don't want all the altcoins to fail. I honestly don't care. But I wouldn't bet on any of them. For many reasons, including usage of PoS, network effects, etc.
Link to the whole article for context and to make an independent opinion:
#bitcoin
Make Ethereum Cypherpunk Again
You either quit #bitcoin too soon or it will quit you from the Matrix.
I created some literal bitcoins...
Is this a hard fork, and does whoever accept it participate in it? 🤔
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When you're so ashamed of your inflation you just scrap the "million" part out. The banknote on the left is worth less than $0.028. The one on the right is worth $1.4.
But the quality of paper is still good. So people prefer cash so they actually have paper they can use. It's peak fiat degeneration. #bitcoin fixes this.
https://image.nostr.build/d8923d540de53b6eb1a25c2ef02cb8b91a5fc0e708be033a187f7d71b995b67e.jpg#m=image%2Fjpeg&dim=756x1008&blurhash=_7Eo3%40w%4000E1DjE19u00%3FG-UozjbM%7Cof010f%7D%3Fs.-%3A%252%251DOE2-%3BVtozkpoMRhxHt7kVRPxaNG%7EVWVM%7DNZRjsAbExa%252NHs%3Aj%3FNGWC%3FHxaMxRjX8R*t6NIWUWAxakDR*WC&x=c372d440f97cf32d7afb620c639442068f986f0c6d318abedc5e533a61ad9bab
You get 2 different prices in Venezuela depending whether you pay cash or digital.
Currency is so worthless there, it is smuggled in large quantities to Colombia, where it is bleached and used to "print" dollars over it. Cash is therefore more valuable as the paper it is printed on is still high quality and you can smuggle it for counterfeiting purposes...
#bitcoin fixes this...
https://image.nostr.build/8f7ad0dcc006d3c4421fddbd44891e275e7a52fc0a0c4760975f527ea5b9baed.jpg#m=image%2Fjpeg&dim=1920x1440&blurhash=%23DI%7DbP%7EoIpxuIAo%23Ioj%5BRm00M%7EM_s.M%7BjsWAR*WB00NHnNWVtQV%40slf5oz4TIV%25hRPxua%7Bxvj%5Bs%3BD%25n%24t8WUxuofoLt7j%5Bt7Wrn%24ofoJoLWBt7V%40ozxuj%5BaKWBWBWBWBWC&x=342193a07345f69bc1b521b4c1a82d349137d32bed321542f00159c6144a8ed5
Imagine having a monthly spending limit set in Venezuelan Bolivars. And Bolivar gets so inflated that what used to be worth thousands of $ is worth $0.01. You can't even buy a loaf of bread or a bottle of water with your GOLD MASTERCARD/VISA CARD.
Even having a limit on a debit card itself with YOUR OWN MONEY is ridiculous. Yet we all have it...
And that brings us to the fact that your money in the bank account is not yours, it's not money either and the bank is not a bank...
#bitcoin fixes this.
https://image.nostr.build/2778ba0b34dedfcde681aa640e5b51907785684120ed30058251721ff828d66e.jpg#m=image%2Fjpeg&dim=756x1008&blurhash=_GKdD0D*16A1IUV%40R-0L%7EU-O-ooextWCADS%25IAw%5BWCofxZ00S%25o%7EROs%3AIqV%40E2M_xCNctRWWoLMvMxtSbcs.s8bcDiNHxuV%40W%3DoeW%3BEMaeWCR%2CV%40bcaenhS5R%2BaJafbcV%40&x=c66eac4db1a602956a2a5c4b7ee9482d758bfb3450b778bfeefbfe3b3a125b2e
Just a thought:
What's laziness?
Am I lazy because I find it super hard to convince myself to do JavaScript coding for my employer? I know exactly why it's so hard for me to "work" on this. Simply because I'm not JS developer, the product sucks and I'm dependent on many people to ask for help or explanation of certain aspects of the product instead of being self-sufficient unit.
On the other hand I am absolutely consumed by reading, listening, teaching and building on #bitcoin. Don't know what to do first. I don't play games, I don't watch movies. Because I just enjoy bitcoin stuff so much more.
So am I lazy? Is laziness lack of will to do what you are not good at? Is it lack of will to do what you're not interested in? And is it still laziness or is it just natural inner voice telling you should do something else?
I guess a bit of everything...
I have been travelling past month through El Salvador and Guatemala.
Both countries have two very #bitcoin friendly places. El Zonte aka Bitcoin Beach and Atitlan lake aka Bitcoin Lake.
Still giving time for my thoughts and experiences to settle down so I can form less subjective opinion on bitcoin adoption around here.


Interesting fact: Since I started to use #nostr I mirrored 95% of all posts on Twitter too and vice versa. (Some videos I couldn't upload so I posted it only on Twitter as well as some unique retweets, same goes for nostr)
Yet, I've got about double the followers here since the beginning of this year compared to Twitter I used since 2009.
The level of shadow-banning, disadvantaging non-blue-checked users and other totalitarian practices of that network are so obvious in this regard. 🤔
I even remember having tweets which were deleted without any notification or reason.
To be fair the smaller size of nostr also probably helps. On the other hand decentralized nature and public/private key structure makes the user discovery orders of magnitude harder than on Twitter. So all things considered it's probly even anyway...