UNPOPULAR OPINION: The Bitcoin revolution is not going start from the Global South. Once these countries get dollarized and the “age of abundance” comes with the stablecoin, people will accept it with the trade-offs. And I don’t blame them. Their lives have been so incredibly difficult for such a long time that they will welcome the change and don’t give a fuck about the problems related to stablecoins that people in the first world countries are worried about. I might be wrong. And I hope that I am wrong, but I just think that if “the age of abundance” is threatened by Bitcoiners' property rights claims, people do not have any sympathy (or empathy, I don’t know which one is the right term here) for Bitcoiners. In the end, local people will think that “if Bitcoiners quit being so fucking irritating and simply start using stablecoins, then everyone is going to be happy, including the stupid Bitcoiners”. That’s how I think it’s going to play out. I am totally ready to change my opinion though. In that sense it’s the same as in El Salvador. Salvadorans are not going to complain about the fact that Nayib Bukele has removed the presumption of innocence and people’s right to privacy, because the murdering and raping has finally ended. People think that the trade-offs are worth it. If you want to go to El Salvador and campaign for the right to privacy, presumption of innocence and open carry, good luck with that. I would not be surprised if the locals themselves would be happy to see you in the maximum security prison. However, it does not mean that the places in the Global South (El Salvador included), where Bitcoin is used as money (peer-to-peer cash) cannot work as great role models for the whole world. We know that in the end it’s very simple — sats must flow. Yes — some could say that the Bitcoin revolution has already started. And that it has started exactly in the Global South. I am totally okay with that characterization, but I just worry that Bitcoiners have their hopes too high for those countries. If you are a Bitcoiner, who does not live in the Global South, do not expect the local people in those countries to save you. #bitcoin #btc #elsalvador #nayibbukele #bukele #usdt #usdc #stablecoins #digitalcredit #meme #memes #memestr #privacy

In hindsight, it looks so ridiculously obvious. He had all the time for all the Bitcoin podcasts, book launches, conferences, documentaries, et cetera. If you had any influence in the Bitcoin space, you would be welcome to drink expensive cocktails and shake your booty on his yacht. The only unwritten rule was that you don’t question the fact that he does not want Bitcoin to be peer-to-peer cash. That’s all. #Saylor #Strategy #MSTR #STRC #digitalcredit #stablecoins #USDC #USDT #Bitcoin #BTC #meme #memes #memestr #CIA #MichaelSaylor

And I still love it when npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe makes appearances on these 'altcoin' channels. I don't know why but some of these 'altcoin' podcasters are excellent interviewers #bitcoin #btc #stablecoins #usdc #usdt

Funny how things work. This was a controversial take a year ago. #Saylor #Bitcoin #BTC #Strategy #MSTR #STRC #MichaelSaylor #digitalcredit #meme #memes #memestr

Thomas Jefferson and Mayer Amschel Rothschild agreed on something. Do you disagree with them? If not, how do you feel about Bitcoin treasury companies? #asknostr #democracy #bitcoin #meme #memes #memestr #usdc #usdt #cbdc

This is an excellent keynote! I hope that amidst all the stupid fiat nonsense, the message resonates. Thanks, npub1zeuyhtvpk7uzzhhye6s2muz8jw46n2pkvzre933szr4ua473snyqesxvfp. Keep up the good work. I have to add that the proudly supported by #Firefish part was hilarious. #bitcoin #btc #digitalcredit #usdt #usdc #stablecoins

Paul Rosenberg at Anarchapulco 2020 - #Anarchy Is Mankind's Natural State: How We'll Get Back To It #bitcoin #btc #nostr

The big idea is to have private censorship-resistant money with a hard cap. #bitcoin #btc

“We have been severed from understanding that our minds create reality.” David Rogers Webb talks like npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe or npub1hgaj2a334ehaddmpusyu2xt74j73mvy3yw5rrvpktzjylcfnhaeq4ve7yf. It’s crazy to think that David Rogers Webb is not a Bitcoiner. David is trying to fix the system from within, but the money printer is above the law. That is why it’s important that in Bitcoin node is law, like npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2 says. Not sure if it was Daniel. I think it was. Anyway, someone said it. And it’s true. #bitcoin #sweden #thegreattaking #nodes #knots #core #bip110

After hearing Michael Saylor and other #BTC treasury company dudes muddy the waters, I listened to a Ricardo Salinas interview for a few minutes. Salinas is literally a banker, but compared to Saylor & co., he sounded like a cypherpunk. The interviewer (Coindesk) was talking about crypto all the time, but Salinas was talking about #Bitcoin all the time. I did not listen from the beginning to the end. In the end, Salinas is a banker. But it was fun to notice that he deviated less from the white paper than the most famous Bitcoin maximalist, #Saylor.

A great conversation! Thanks, npub1k763esjjzm2vzz7gtt38q4wf49zlua72l4rreu3myzghuwwwdqtq2mcg5x & npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2 #homeschooling #bitcoin #religion #Christianity #family #digitalcredit #usury #Madeira #bip110

The football World Cup is here. Would this kind of Bitcoin + Nostr betting stuff make sense? Here’s the idea: Germany vs Ivory Coast is about to start, and Max wants to make a bet. npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt says: “Get your money back 10 times, if Germany does not win by at least 5 goals and Havertz does not score at least 3 goals. Minimum bet 3 BTC and maximum bet 10 BTC.” Then Max uploads the funds and sets the parameters on how the betting event is judged. Then he uses Nostr to spread the word about his betting offer. npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y, npub1f4q60j7fklm7sjzdz4ye42g5r3elnguuxajuch2kx8apulfkx0xqf2a37d and npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2 like the odds and the rules of the bet, but they think that the minimum bet is too big. They upload the amounts they are willing to bet and use Nostr to inform everyone about the betting offer Max has made. They have to promote the bet so that Max’s minimum bet requirement is fulfilled. npub1l4kaxnm7798jjlk3qjy0u768rra8x8y8n5e426yn98zj0kf4pgtq7ytqfa, npub193jegpe9h0csh7al22mkcstqva2ygyny7ura8kwvrn4tsmtnl4lsrxny6k, npub1u87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qam93f7 and npub1j8y6tcdfw3q3f3h794s6un0gyc5742s0k5h5s2yqj0r70cpklqeqjavrvg move funds into the pool, and now the minimum bet requirement is fulfilled. So, the bet is made. If the bet had not been made before the deadline, the people uploading the funds would have gotten their funds back. However, there is still time before the game starts. And Max is not totally happy. Max wants more people to bet against him, because he knows that Havertz is “eiskalt” and nothing is going to stop him. So, he keeps on promoting his bet. npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424, npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc and npub1jfn4ghffz7uq7urllk6y4rle0yvz26800w4qfmn4dv0sr48rdz9qyzt047like the odds and add funds into the pool. This can continue till Max’s maximum bet limit is reached. The bet is valid once the minimum bet limit is reached, and then the final betting amount can be anything up to the maximum bet amount. The final betting amount depends on how much funds are added into the pool before the deadline. And everybody gets their own share of the potential winnings. If Knut contributed 10 percent of the money used to bet against Max, then he gets 10 percent of the potential winnings. At the same time npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2uc sees Max’s betting offer and thinks that Max is going to make a killing. He copies the bet and (if he feels like it) makes some small adjustments to the parameters or minimum/maximum bet requirements. And then Jeff posts the offer using Nostr. npub1zeuyhtvpk7uzzhhye6s2muz8jw46n2pkvzre933szr4ua473snyqesxvfp, npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg and npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe like the odds, and the same show starts again. I don’t know if something like this exists? Or perhaps it does not exist and there is a good reason for it.? Anyway, it could work as an onboarding/promotional tool or as a business. If it was a business, people could take small revenue sharing commissions from the players they refer to the betting pool. And naturally that would mean that other people could start building content businesses etc. around the commissions. Talking about people who have no intention of placing any bets. It would be a very natural partner for Nostr users such as this npub1qspus6smkn8mcdxg5jflh50s69vdgtwsd5p74gmjpzp2qekn5duqfv5afj Obviously, if it is a business, it should be done anonymously. Otherwise, there is going to be trouble with lawmakers. Online gambling is heavily regulated and full of irritating stuff: KYC, responsible gambling, etc.. And sometimes the bookies and betting exchanges themselves are very unfair. For example, they limit their customers bets, cancel bets, etc.. All the normal "Terms and conditions apply" stuff. Bitcoin + Nostr could solve this problem. #asknostr #football #soccer #worldcup #betting #bitcoin #betstr #fifa #nostr