Third parties are security holes Originally noted by Nick Szabo, it has stood the test of time and applies equally to *privacy* Whilst peer-to-peer bitcoin use avoids third parties (one of Bitcoin’s super-powers) which helps protects your privacy, introducing third parties such as centralised exchanges, custodians and collateral managers undermines that The recent case allowing unfettered access by the US Govt to all US exchange customer records emphasises this

CryptoSlate

Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant

IRS can keep seeking crypto user data without warrant, Supreme Court says by staying silent.

“But I’m not in the US” i hear you say .. yes .. neither am i .. but .. Although the US is only 3% of the world, they’re the guiding force behind the expanding surveillance state globally .. if these expanded surveillance powers are now a free-for-all in the US, you should assume they’ll be implemented in your jurisdiction too Plan accordingly Choose privacy Protect yours.

“Weapons of mass destruction” We’ve all heard that line before Some of us have figured it out: They’re the clowns you voted for

That final "click" For me, the final click of understanding Bitcoin was listening to a pod, maybe 5 years ago .. with Vijay Boyapati outlining the connection between the millennia of wars for conquest, funded by monetary debasement in all it's various forms After digging into that a bit more it becomes obvious in hindsight @Erik Cason is blunt and on point and relentless .. and right Bitcoin is humanity's hope to break this endless cycle and start us on a new path propelled by co-operation rather than just conflict and conquest A win-win approach rather than a zero-sum approach Now, as even more of the filthy warmongering states are feeding their fiat, their citizens and their future into the eternal meat-grinder of war, it's more important than ever to remember there is hope #Bitcoin The hope is opt-in All are welcome at any time

"The price of understanding Bitcoin, is your ego"

Call it what it is "Pre-emptive strike" is an attack "Unrealised capital gains" is speculative taxation So much bullshitery

Awesome rip 🏆

Fountain: Podcasts & Music

Citadel Dispatch • CD163: FEMI LONGE - HRF BITCOIN DEV FUND FIVE YEAR ANNIVERSARY • Listen on Fountain

Femi Longe is the Global Bitcoin Development Lead at the Human Rights Foundation. The HRF has been supporting bitcoin developers, designers, and ed...

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16 years 3 billion tx’s 900,000 blocks No-one’s figured how to turn it off Think about that for a minute🤔