[bit] max⚡️'s avatar
[bit] max⚡️
bitmax@bitnode.one
npub142x7...vwrn
entrepreneur . bitcoin advocate . data scientist and cybersecurity analyst, auditor and researcher #codeislaw #decentralize #ruleswithoutrulers
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bitmax 1 year ago
The Stress Of Self Custody - The Bitcoin Manual
The Bitcoin Manual
The Stress Of Self Custody - The Bitcoin Manual
The reality of taking control of your money is scary, and why that gut-wrenching feeling of performing an on-chain transaction is all part of being...
 Those who think Bitcoin is worth nothing likely own none, and dismissing something when you haven’t experienced it is rather lazy.  How can you have a qualified opinion on something you’ve never tried?  How do you know it is a poor store of value, slow, or cumbersome to use if you’ve never performed a transaction? How do you know it’s worth nothing if you’ve never exchanged value for it or purchased something with it? It sounds like you are writing cheques with nothing backing them; I guess that’s just the fiat mindset, right? ... Unbothered. Moisturised. Happy. In My Lane. Focused on not stuffing up my chance at generational wealth It’s fun and games speculating on Bitcoin using an exchange and relying on a custodian to handle the asset on your behalf, but that’s not Bitcoin. You don’t own anything; you only have a promise to withdraw Bitcoin in the future, a future that is uncertain—ask FTX users. -------- Der Stress der Selbstverwaltung – Das Bitcoin-Handbuch
The Bitcoin Manual
The Stress Of Self Custody - The Bitcoin Manual
The reality of taking control of your money is scary, and why that gut-wrenching feeling of performing an on-chain transaction is all part of being...
 Diejenigen, die denken, Bitcoin sei nichts wert, besitzen wahrscheinlich keine, und etwas abzutun, wenn man es noch nicht erlebt hat, ist ziemlich faul. Wie kann man eine qualifizierte Meinung zu etwas haben, das man noch nie ausprobiert hat? Woher wissen Sie, dass es sich um einen schlechten Wertaufbewahrungsmittel handelt, langsam oder umständlich zu verwenden ist, wenn Sie noch nie eine Transaktion durchgeführt haben? Woher wissen Sie, dass es nichts wert ist, wenn Sie nie etwas dafür eingetauscht oder etwas damit gekauft haben? Es hört sich so an, als würden Sie Schecks ausstellen, die nicht gedeckt sind. Ich schätze, das ist einfach die Fiat-Denkweise, oder? ... Unbeschwert. Schwitzend. Glücklich. Auf meinem Weg. Ich habe mich darauf konzentriert, meine Chance auf Generationenreichtum nicht zu verspielen. Es macht Spaß, mit Hilfe einer Börse auf Bitcoin zu spekulieren und sich darauf zu verlassen, dass eine Depotbank den Vermögenswert in Ihrem Namen verwaltet, aber das ist kein Bitcoin. Du besitzt nichts; Sie haben nur das Versprechen, Bitcoin in der Zukunft abzuheben, eine Zukunft, die ungewiss ist – fragen Sie FTX-Benutzer.
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bitmax 1 year ago
Sanningen om den svenska skogen - Naturskyddsföreningen
Naturskyddsföreningen
Sanningen om den svenska skogen
Bilden som målas upp av den svenska skogen är ljus. Men faktum är att skogar fulla av liv ersätts av planteringar.
 The truth about the Swedish forest The picture painted by the forest in Sweden is bright. But the fact is that forests full of life are becoming increasingly silent and replaced by plantings. With promises of gold and green forests, more and more people want the forest's assets. The forest is produced as a renewable resource that can never end – it is said to be the answer to the climate challenge and will give us everything from disposable products and buildings to nature experiences and eternal access to biofuels. This equation does not go together. Everything that is said about the Swedish forests is not right and much is left unsaid. The situation is acute, but few know how bad it is. It's time to find out what it really is. ➡️@ecopolis -
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bitmax 1 year ago
Great read from Martin Enlund https://nostr.band/npub1gg6zywvkeej5juswvmwkh39m0mae7fwxp3ypd4aug7n9u8vqmvjq5ljzdu KYC is the real terror Martin Enlund 3/21/24
KYC is the real terror
I korsningen av finans, krypto och samhälle
 It has become increasingly evident that our financial system has started undermine our constitutionally guaranteed freedoms and rights . Payment giants like PayPal, Mastercard, and Visa sometimes block the ability to donate money . Individuals, companies, and associations lose bank accounts — or struggle to open new ones. In bank offices, people nowadays risk undergoing something resembling being cross-examined. The regulations are becoming so cumbersome that their mere presence risks tarnishing the banks’ reputation. ...
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bitmax 1 year ago
BlackRock's Plan To Own The Fractionalized World
Unlimited Hangout
Tokenized, Inc: BlackRock's Plan To Own The Fractionalized World
In the aftermath of the recent Bitcoin ETF approvals, BlackRock's Larry Fink revealed that soon everything will be "ETF'd" and tokenized,...
 ... “If we can ‘ETF’ a Bitcoin, imagine what we can do with all financial instruments.” Fink continued, speaking about Bitcoin itself, stating “I don’t believe it’s ever going to be a currency. I believe it’s an asset class.” ... Bitcoin: Commodity, Not Currency ... In the aftermath of the recent Bitcoin ETF approvals, BlackRock’s Larry Fink revealed that soon everything will be “ETF’d” and tokenized, threatening to fractionalize not just existing assets and commodities, but the natural world, reducing most living things into Wall Street financial products to be traded on a single, universal ledger. ... ➡️@ecopolis⬅️
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bitmax 1 year ago
"Mit großem Bedauern teilen wir mit, dass Professor Dr. Philipp Sandner am 16.01.2024 verstorben ist. Viel zu früh müssen wir Abschied nehmen von einem äußerst geschätzten Wissenschaftler, Mitarbeiter und Kollegen. Wir sind zutiefst bestürzt und traurig. Philipp Sandner war in Deutschland einer der Pioniere und profiliertesten Experten im Bereich Blockchain und Bitcoin sowie geschätzter Berater in Politik und Wirtschaft. Seit 2015 war Philipp Sandner an der Frankfurt School tätig. Hier hat er das Blockchain Center gegründet und sehr erfolgreich geleitet. Darüber hinaus war er Professor für Innovation und Entrepreneurship. Mit seiner Leidenschaft und Expertise für sein Forschungsfeld hat er uns alle inspiriert und das Profil unserer Wirtschaftsuniversität maßgeblich mitgestaltet. Wir trauern mit seiner Frau und seinen Kindern, seiner gesamten Familie und seinen Freunden. Seine Familie und wir bitten höflich, von Kondolenzschreiben und Anfragen Abstand zu nehmen. An der Rezeption der Frankfurt School wird in den kommenden Tagen ein Kondolenzbuch ausliegen. Nils Stieglitz im Namen der Frankfurt School-Community" https://www.frankfurt-school.de/home/newsroom/news/2023/Januar/Philipp-Sandner-2024.html
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bitmax 2 years ago
"DAS IST SCHLECHT GEALTERT!" Vor ziemlich genau 6 Jahren hat das World Economic Forum #WEF in einem Artikel prognostiziert, dass #Bitcoin im Jahr 2020 mehr Energie verbrauchen wird, als die gesamte Welt zu dieser Zeit 😂! Der geschätzte weltweite Energieverbrauch im Jahr 2017 lag bei rund 14.000 Mtoe, was in etwa 163.000 TWh entspricht. Der geschätzte Energieverbrauch von #BTC im Jahr 2020 lag bei rund 75 TWh. → Das #WEF hat sich also um knapp 99,954% verschätzt 😅😄. https://www.weforum.org/agenda/2017/12/bitcoin-consume-more-power-than-world-2020/
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bitmax 2 years ago
The World Economic Forum wasn’t simply the brainchild of Klaus Schwab, but was actually born out of a CIA-funded Harvard program headed by Henry Kissinger "My research indicates that the World Economic Forum is not a European creation. In reality, it is instead an operation which emanates from the public policy grandees of the Kennedy, Johnson and Nixonian eras of American politics; all of whom had ties to the Council on Foreign Relations and the associated “Round Table” Movement, with a supporting role played by the Central Intelligence Agency."
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Dr. Klaus Schwab or: How the CFR Taught Me to Stop Worrying and Love the Bomb
The World Economic Forum wasn’t simply the brainchild of Klaus Schwab, but was actually born out of a CIA-funded Harvard program headed by Henry ...
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bitmax 2 years ago
Estonia notifies WHO that it rejects the Pandemic Treaty and amendments to International Health Regulations – The Expose
The Expose - Home
Estonia notifies WHO that it rejects the Pandemic Treaty and amendments to International Health Regulations - The Expose
On 22 November, 11 Members of the Estonian Parliament wrote a letter to the World Health Organisation (“WHO”) to reject the proposed internatio...
 On 22 November, 11 Members of the Estonian Parliament wrote a letter to the World Health Organisation (“WHO”) to reject the proposed international agreement on pandemic prevention preparedness and response – also known as the “Pandemic Treaty” or “Pandemic Accord”. The letter also rejects the amendments to the International Health Regulations (2005) (“IHR”). ➡️@ecopolis -
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bitmax 2 years ago
Leider auch beim Fachmagazin Computertechmik des Heise Verlag haben die Chef-Redakteure mehr Meinung, als fundierte Recherche zum Thema Bitcoin, Crypto und DeFi. Bitcoin ist nicht Crypto und damit liegt der Autor bei allen drei Punkten s.u. fachlich falsch. Quellen dazu gibt es zahlreich liebe Redaktiion! Aus Heise c't 27/2023 Standpunkt S.3 Editorial "Kryptoschmu Banken kann man nicht trauen, gerade die kleinen Leute werden von ihnen immer wieder übervorteilt. Die Lösung ist – wissen Sie es noch? Genau: Blockchains, Kryptowährungen, "DeFi", das dezentrale Finanzwesen. Unter dem Eindruck der Finanzkrise 2007/2008 war das ein mächtiges Narrativ. Nun liegt es mir fern, Banken menschenfreundliche Motive zu unterstellen, aber die Nonchalance und Hemmungslosigkeit, mit der die Kryptobörse FTX Kundengelder veruntreut hat, sucht ihresgleichen (siehe Seite 41). Und dabei war FTX auch noch bekannt (und in Teilen der Kryptowelt verrufen) dafür, sich für striktere Regulierung einzusetzen. Hauptkonkurrent und aktuelles Schwerstgewicht Binance hat berühmt-berüchtigterweise nicht einmal einen erklärten Firmensitz. Nun betonen Krypto-Fans oft, dass es sich dabei eben um zentralisierte Börsen handelt, der Witz an Bitcoin & Co. sei ja gerade, dass man damit auch dezentrale Börsen, Handelsunternehmen et cetera konstruieren könne. Das stimmt und solche Plattformen gibt es. Aber erstens lässt sich über die tatsächliche (De)zentralisierung von Bitcoin, Ethereum und so weiter trefflich streiten. Zweitens sind auch dezentrale Institutionen so sehr von dramatischen Fehlern geplagt und mit Betrügereien durchsetzt, dass man mit hohem Risiko sein Geld verliert – und ohne Molly Whites web3isgoinggreat.com auch rettungslos den Überblick in all der Täuschung und Inkompetenz verlöre. Und drittens kommt das Krypto-Universum nicht ohne zentralisierte Institutionen wie FTX, Binance oder Tether aus: Sie stellen den relevanten Zugang für Fiatgeld (also Dollar, Euro etc.) dar. Denn wie sonst sollen die von den Banken malträtierten kleinen Leute an den schönen Kryptosystemen teilhaben? Die Zeiten, als sie sinnvoll Bitcoin oder Ether am heimischen Computer minen konnten, sind lange vorbei. Dank Implosionen wie der von Terra/Luna, Celsius und zuletzt FTX ist der Lack jedenfalls ab von der Krypto-Welt. "TradFi", also das herkömmliche Finanzwesen, wirkt dagegen gar nicht mehr so schäbig – und das muss man mit Firmen wie Wirecard erst mal schaffen. Kleine Leute, die Banken misstrauen, sollten vor jeder Kryptounternehmung jedenfalls schreiend weglaufen. Sylvester Tremmel"
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bitmax 2 years ago
Cipherchat: A New Era of Private Messaging on the Lightning Network • LightningNetwork+
LightningNetwork+
Cipherchat: A New Era of Private Messaging on the Lightning Network • LightningNetwork+
In the constantly evolving landscape of digital communication, privacy and security have become paramount. Enter Cipherchat, a new player in the fi...
 How Cipherchat Functions Cipherchat's operation hinges on the innovative use of the Lightning Network. Users connect their Lightning node to the app through Lightning Node Connect (LNC), utilizing a pairing phrase from the Lightning Terminal. This process establishes an end-to-end encrypted connection between the user's node and the web app, facilitated by an LNC Mailbox relay proxy server. The entire architecture of Cipherchat is open-source, encouraging transparency and community involvement. Communication occurs through keysend payments, each carrying a message, ensuring a secure and private exchange of information. ...
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bitmax 2 years ago
NEW ZEUS wallet with Embedded LND node !! -- The ZEUS v0.8.0 open beta is here
ZEUS Blog
The ZEUS v0.8.0 open beta is here
Updated 12/01/2023: rc2 release We're proud to announce the availability of beta builds of ZEUS v0.8.0 on both Android and iOS. The new ZEUS intr...
 The new ZEUS introduces an immense amount of new functionality including an embedded node, LSP connectivity, and self-custodial lightning addresses. Embedded node First and foremost, the new ZEUS features a new embedded LND node. This means that users no longer have to remotely connect to their own pre-configured lightning node back at home or in the cloud. Users simply hit 'Quick Start' on the intro screen and start syncing the blockchain in mere moments. This node offers up nearly all the same functionality to users as they would have with a remote node: including lightning + on-chain sending and receiving, and channel management. Only the payment forwarding screens are disabled as mobile nodes are not conducive to routing.
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bitmax 2 years ago
The "What is Money?" Show: A Future with Bitcoin Mining in Every Home? with John Stefanopoulos (WiM380) Episode webpage:
The "What is Money?" Show
A Future with Bitcoin Mining in Every Home? with John Stefanopoulos (WiM380) | The "What is Money?" Show
John Stefanopoulos joins me to discuss the future of Bitcoin mining and why its decentralization is important, running a full node, and how miners ...
 Media file: John Stefanopoulos joins me to discuss the future of Bitcoin mining and why its decentralization is important, running a full node, and how miners protect the Bitcoin network. John Stefanopoulos is the CEO and Founder of FutureBit. // OUTLINE // 00:00:00 - Coming up 00:00:34 - Intro 00:02:07 - Helping Lightning Startups with In Wolf's Clothing 00:02:54 - Introducing John Stefanopoulos 00:03:19 - Genesis of FutureBit 00:07:55 - Bitcoin Mining: ASIC, USB Miner, and Full Node 00:09:38 - What is Hash? 00:11:28 - Understanding Bitcoin 00:14:10 - Defining ASICs 00:16:56 - Centralized Market of ASIC Hardware 00:18:18 - Significance of Hashrate 00:21:31 - Ways to Incentivize People into Bitcoin 00:22:48 - Run Your Business From Anywhere with NetSuite 00:23:53 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:24:49 - What is a Full Node? 00:27:13 - Incentives for Running a Full Node 00:29:44 - A Quick Recap 00:31:57 - Decentralization Issue of Bitcoin 00:36:03 - What is a Mempool? 00:39:39 - Censorship Resistance Issue with Bitcoin Mining 00:41:55 - The Power of Numbers 00:45:02 - Take Control of Your Healthcare with CrowdHealth 00:46:04 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:46:56 - What is a Mining Pool? 00:50:25 - Centralization of Mining Pools 00:52:42 - Future of Bitcoin Mining 00:59:04 - The Mainframe Moment for Bitcoin Mining 01:01:18 - More Miners, Better Network 01:02:59 - Where to Find John on the Internet
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bitmax 2 years ago
Happy ₿itcoin whitepaper day 👍 📄📄📄 15 years ago today, on October 31, 2008, Satoshi Nakamoto published his white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. At that time, the pseudonymous Bitcoin inventor shared his thoughts with others for the first time on a mailing list of the so-called cypherpunks. Our thanks for this epochal gift to humanity go to Satoshi! For the white paper's fifteenth birthday today, here are some not (well) known facts for you about this piece of internet and money history. - The exact date and time of the first publication of the white paper is Friday, October 31, 2008, at 7:10:00 p.m. German time. - There is an assumption that Satoshi specifically chose the day to post Luther's theses because it symbolized the reformation of the church and Bitcoin for the reformation of the monetary system. - The initial publication took place on the metzdowd.com mailing list. - Satoshi only referenced eight other sources in the white paper. - Ten different people were named in the white paper. Including Adam Back, the current CEO of Blockstream. - Satoshi wrote the code first and then the white paper. He wanted to make sure that everything really worked and that he could solve all the problems in practice. - Neither the word “blockchain” nor “wallet” nor “mining” appear in the white paper. - The limit of almost 21 million BTC is also not mentioned in the white paper. Here you can get the whitepaper https://bitcoin.org/bitcoin.pdf image
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bitmax 2 years ago
World's Oldest Central Bank Seeking $7 Billion Bailout After Massive Bond Losses | ZeroHedge
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
 Two weeks ago we reminded the world that thanks to soaring interest rates, which will only keep rising until the Fed figures out what "big-enough" crisis it uses to trigger QEx+1, the staggering losses on global fixed income securities which according to the IIF amount to $307 trillion - as calculated by DB's Jim Reid - have risen to a staggering $107 trillion. And while thanks to such facilities as the BTFP much of the MTM risk has been transferred (if only for the time being) away from commercial banks and to the Fed, the cumulative losses at central banks are now absolutely staggering, starting with the biggest and baddest one of all, where the Fed operating loss is now $111 billion and rising with every day that the Fed pays out more in interest to banks (excess reserves) and money markets (reverse repos) than it collects on its bond portfolio...
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