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ViciTax
Conspire4Truth@primal.net
npub1tk2v...ptf4
UT CPA & ₿ Treasury Consultant, US Expat Tax specialist. Truth seeker.
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ViciTax 2 days ago
Q: What can you use Bitcoin for? A: Smooth, easy, and inexpensive international payments. Here's my real-life experience from this weekend. I tried to buy from a UK online store I've purchased from before. My usual credit card declined — flagged as suspicious. I tried a debit card and a second credit card. Both declined. The next day the vendor emailed me an alternative payment link. My card flagged it again, but this time texted me to authorize it. I had a 30-minute window to retry before it would be rejected again. Two days, three cards, one alternative link, and a text authorization later — success. The vendor's reward for all that friction? About $3.11 in merchant fees were paid to the credit card company. Same day. Different transaction. I paid a business owner in Tanzania via Bitcoin's Lightning Network. Total time: under two minutes — and it only took that long because I was stopping to document the process for friends. My cost: $0.03. The recipient's cost: $0.00. Same day. Two transactions. One took two days and five attempts. The other took two minutes and cost a quarter of a dime. Bitcoin is permissionless money — the freedom to transact when, where, and with whomever you choose. Bitcoin is power. Bitcoin is freedom. image
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ViciTax 2 days ago
@Jeff Booth outlines the difference between Bitcoin and Fiat like no one else. Thanks @Paula for the best interview ever.
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ViciTax 6 days ago
Node running needs to stay accessible to non-technical users. @Start9, Parman Node, & @Umbrel ☂️ image are doing important work here. If running a full node requires Linux expertise, the node-running population self-selects toward a narrow demographic that doesn't represent the global user base Bitcoin needs. Thank you to those who simplify running a node.
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ViciTax 1 week ago
Bitcoin's censorship resistance is only real for people who actually use it directly through self-custody. Every person who holds Bitcoin through an ETF, a custodial exchange, or a wrapped token is free-riding on the network's security properties without contributing to them or actually accessing them. Worse, they're providing political cover for regulatory capture — governments can regulate custodians without touching the protocol, and a majority-custodial Bitcoin userbase makes that politically easy. image
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ViciTax 1 week ago
Amazing reminder of the importance of Bitcoin culture. A must watch video.
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ViciTax 1 week ago
The whitepaper title wasn't accidental. A Peer-to-Peer Electronic Cash System. Peer to peer — no intermediaries. Electronic — borderless and digital. Cash — for transactions, not just storage. System — the whole thing working together. image
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ViciTax 1 week ago
The whitepaper title wasn't accidental. A Peer-to-Peer Electronic Cash System. Peer to peer — no intermediaries. Electronic — borderless and digital. Cash — for transactions, not just storage. System — the whole thing working together. image
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ViciTax 1 week ago
Citrea - 40% is premined for founders, etc. Classical setup for pump and dump. Don't confuse games played with Bitcoin's purpose... Peer-to-Peer Electronic Cash System. image
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ViciTax 1 week ago
Ultimately, the most durable protection against threats to Bitcoin — protocol capture, regulatory capture, custodial abstraction — is a large population of people who understand what Bitcoin actually is and why the specific properties matter. image
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ViciTax 1 week ago
Citrea will never use my node.
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ViciTax 1 week ago
Bitcoin's best long-term future requires that it remain genuinely useful as money for ordinary people (not just institutionally valuable as an asset) because that utility is what justifies the node network, funds the mining security, motivates self-custody adoption, and builds the global political constituency that makes suppression impossible. image
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ViciTax 2 weeks ago
If you believe in Bitcoin as the future of money, I hope you take time to consider who is the Fiat-ization of Bitcoin King is. He sells you an endless array of fiat based financial securities and in turn buys Bitcoin IOUs. If you’re serious about Bitcoin and believe it’s the key to real financial freedom, is your strategy correct? If you want amazing fiat gains by investing in a company that talks a lot about Bitcoin but doesn’t hold any, then is your strategy correct? What are you chasing and what are you stacking? Don’t be distracted be those who cloak themselves in Bitcoin conversations but don’t follow any of the principles. image
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ViciTax 3 weeks ago
I believe the vast majority of people will continue to choose centralization and control over freedom. Strategy and ETFs understand and are counting on this default human nature. You can choose freedom. image
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ViciTax 3 weeks ago
How did your purchase IBIT, FBTC, MSTR, STRC or other Bitcoin proxies increase your stack of Sats? Hint: It didn't. That's fine. Maybe it's not your goal to increase the amount of Bitcoin you hold. Just don't be confused. Buying one of these 'investments' is NOT buying BTC. image
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ViciTax 3 weeks ago
Thank you @Paula for letting me chat with you about Bitcoin, the perfect monetary protocol for financial freedom.
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ViciTax 0 months ago
When using Bitcoin as a medium of exchange do you… Buy & Spend or Spend & Replace ??? image
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ViciTax 1 month ago
Do you want to change your life? Change your day! -Dieter F. Uchtdorf image
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ViciTax 1 month ago
Sovereignty and debt can’t coexist. A debtor answers to creditors. A sovereign answers to no one. You don’t own what you owe. image
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ViciTax 1 month ago
Bitcoin on an exchange or in an ETF is nothing more than an investment. Bitcoin in self-custody is monetary sovereignty. image
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ViciTax 1 month ago
Most Bitcoiners: How can I leverage Bitcoin to make myself rich? Few Bitcoiners: How can I leverage Bitcoin to end the Fed? image