Bitcoin is more than just a coin It's a revolution in the making A decentralized network of trust That no one can ever break Bitcoin is more than just a currency It's a way to store your wealth A hedge against inflation and corruption That empowers you with stealth Bitcoin is more than just a technology It's a community of visionaries A global movement of freedom and innovation That inspires us with stories

Any thoughts on below? FBDs (Financially Backed Blockchain Deposits) a way to tap into the growing market of cryptocurrency holders and provide a more secure way for these holders to store their funds. Problem: The rise of cryptocurrency has presented a challenge to traditional banks, which have been slow to adopt this new technology. However, there are opportunities for banks to benefit from cryptocurrency, such as by offering interest-bearing crypto accounts or by using blockchain technology to streamline their processes. Solution: FBDs would allow Banks to accept cryptocurrency deposits in a secure and compliant manner. FBDs would be securitized and serve as customer deposits like traditional cash. This could be accomplished through smart contracts on blockchains such as BitcoinPoW or EthereumPoS just to name a few. Benefits: The adoption of FBDs by Banks would have a number of benefits, including: Increased customer satisfaction: Customers would be able to store their cryptocurrency in a more secure way, while also earning interest on their deposits. Helping traditional crypto customers retain self custody: FBDs would allow traditional crypto customers to retain self custody of their cryptocurrency while also partnering with a traditional financial institution. This would provide customers with the best of both worlds: the security and compliance of a traditional bank, with the flexibility and control of self custody. Increased regulatory oversight: As a regulated financial institution, would be subject to regulatory oversight, which would help to protect customers and the financial system. Increased deposits for potential capital requirements: FBDs would count as customer deposits for regulatory capital purposes, which could help to meet its capital requirements. Potential FDIC deposit protections for consumers: If FBDs were approved by the FDIC, they could be eligible for FDIC deposit insurance, which would provide additional protection for consumers. Potential interest bearing accounts for investors: If FBDs were collateralized or securitized for mutually staked earnings, they could be offered as interest-bearing accounts to investors. Implementation Plan: The implementation plan for FBDs would be as follows: Develop the FBDs smart contract and test it on a testnet. Launch the FBDs smart contract on a mainnet. Market FBDs to cryptocurrency holders and traditional bank customers. Maintain account ledger and develop enhanced security and value add for Customers. Regulatory Challenges: There are regulatory challenges associated with this project. However, these challenges can be overcome by working with regulatory bodies through transparent review, challenge and approval processes. Dire Need: The cryptocurrency market is growing rapidly and traditional banks are missing out on this opportunity. FBDs would allow banks to tap into this market and provide their customers with a secure and compliant way to store their cryptocurrency.

Oh, Bitcoin, thou art a fickle thing, A mystery to all but those who cling To thy code, thy blockchain, thy white paper. Thou art a panacea, a cure-all, A way to break free from the chains of Wall Street, The Federal Reserve, and the fiat system. Yet thou art also a curse, a siren song, A trap for the foolish and the greedy. Thou hast brought ruin to many, and thou wilt bring ruin to more. So be warned, those who would embrace thee: Bitcoin is a double-edged sword. It can be a tool for liberation, or a tool for destruction. Unlike AI - The choice is yours.

In urgency's grip, we run from grace, As if the present holds no saving face. We seek the future, sure to come, Where all our dreams will be made true. But in our haste, we miss the sweet, The simple joys that life doth meet. We long for what is yet to be, And lose the bliss that's right before us. So slow your pace and take a breath. The future will not leave you bereft. The present moment holds all you need, So let go of what you think you should. Trust in the grace that's all around, And let your heart be filled with sound. The joy of life is here today, So don't let urgency get in your way.

If you are a true advocate for digital privacy, what are you doing to protect your eMail? eMail client usage in March 2023 Apple 59.81% Gmail 27.21% Microsoft 4.42% Not your KEYS - Not your EMAIL @skiffprivacy is Your Keyed eMail

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