Proof of Work. Open Source Mining United. View quoted note →

I was intrigued by the stories of Mircea Popescu years ago. This story is a nice read: “You've got to earn your place on it by doing real things that serve other people, without fear or favor.” View quoted note →

At least we see an increase in people educating themselves with @Saifedean Ammous ‘s bitcoin standard in Dutch… View quoted note →

People don’t see what we’re dealing with behind the scenes. As a chairman of the United Bitcoin companies the Netherlands (VBNL) a lot is happening. In the last few months we had serious issues with the bank that facilitates most on/off ramping for exchanges in the Netherlands. In January a large part of the bitcoin exchanges received a cost increase from €499,- to €4999,- per month for their bank account. In April they received a letter that the companies had until 10th of June to move their funds and operation to another bank. The bank accounts were going to be closed down. The issue is that many exchanges have built extensive API’s for smooth on/off ramping with this bank. So this was a move that caused a lot of stress for many people. Communication with the bank was impossible. So every individual company took them to court. Only one case was actually brought into the court room and the company won. The other companies received a message they could hold their bank account. The insane cost increase is still there and creeping further through the list of bitcoin companies. We’re now looking at a way to reduce the cost, because for small companies it means bankruptcy. This we do as companies together. And VBNL has been doing this for over a decade now. For now it’s a bank, and on 10th of September we’re facing an even larger cost issue. The Dutch central bank. We won the court case with 11 exchanges but off course they appealed and now we’ll be standing at the Supreme Court. The central bank has burdened the exchanges with millions of regulatory oversight cost that were not lawful. A win during this court case would not only drop the cost for the exchanges between 2020-2024 but most likely also impact future cost under MICAR and the Authority of financial Markets. We’re currently looking at a €5.6 million cost from just AFM for the ongoing regulatory oversight for MICAR in 2025. Wish us luck. View quoted note →

Our little sovereignty shop is now on Nostr. Follow it and enjoy what we’re building and working on. There’s a lot of news coming in the next months. First a lot of proof of work to be done, by many. View quoted note →

Just updated our website with the new seedfan pictures and description. Everyone keeps on upgrading their stack. If you’re into @SeedSigner this is a great way to backup. If you’re really into extreme opsec you should go for a seedsafe. If you are a traveler, use a Tinyseed. We have all three options as backup solutions. We believe these are the best options currently available off the shelf.

As the official EU reseller we are glad to see this freedom tool being spread among people that need it most. View quoted note →

GM, great news, the bitaxes have arrived. Now we wait for @Printer to steam up to print the cases. Next to that we’re shipping our first zodiac seedsafe. And of course we have the regular Dutch book orders and some signing devices going out. Enjoy your Monday!

We have been looking at faraday bags for over a year now. Anyone has advise on these? Not just for your phone, but also for your signing device. View quoted note →

GM Pump up the ₿heat. It’s amazing to see how many people are going to heat their home / business with bitcoin miners upcoming winter.