📖: Cryptocurrencies - Hack your way to a better life. Liberty / Entrepreneurship (
@hacktrophy
,
@paralelnapolis
).Hackyourself.io. Nostr: juraj
@nostr
.fan
Learn about Bitcoin for your lifestyle, enjoying volatility and thriving in uncertainty. My goal is tech + hacking => liberty and life satisfaction.
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Most bitcoiners are LARPing as "austrian economists".
Bitcoin is a cypherpunk project.
Self-custody, privacy, security, anonymity, encryption, network effects.
Creating a _parallel_ economy. Very important.
KYC and AML are exclusionary. You are excluding people without a government-printed ID. You are excluding people from "unfriendly jurisdictions". You are sanctioning and discriminating human beings that have done nothing wrong and want peaceful interactions.
When you talk about
@Lauren_Dowling_
There's a thing called Lightning network. Instant settlement, no utxo trouble, it just works.
Big retailers accept it and it just works. And has quite a big network effect (in my stores it's half of crypto payments).
Honestly, this looks like overengineering blabbing. Lightning
People act surprised by FTX and say stuff like "it would not have happened in traditional regulated economy".
Remember in 2008, where assets in banks were collateralized by junk and overleveraged by NFTs (called real-estate) with insufficient value?
This is actually common.
Fun fact: Cypherpunks understood hard money, but their attempts at e-cash were based on usd or gold. They knew kickstarting new money is insanely difficult.
P2P ecash was not about inflation and central banks (well, there was gold), but about privacy and censorship resistance.
If you are a EU-taxpayer, you support psychopatic bureaucrats such as this one and directly support violence.
Paying taxes in EU is immoral. Only do it if you are forced under the threat of imprisonment.
And I wonder who can fire this psychopath.
تحدثت مع
@UN
SG
@antonioguterres
بعد زيارتي واتصالاتي مع القادة الإقليميين.
سيقوم الاتحاد الأوروبي بزيادة مساعداته الإنسانية إلى ثلاثة أضعافها لمساعدة المدنيين الاكثر ضعفا في غزة والمنطقة ككل.
سنضاعف جهودنا لضمان وصول هذا الدعم إلى من يحتاج إليه.
Yes. Europe is living Atlas Shrugged live.
It's mostly part of the declining world, although there are ascending spots here and there.
While I agree, there are a few things to note as well:
- Western Europe has insane amounts of accumulated capital. It can take decades until
I think personally it’s very easy to spot the fact that Europe, once a great continent. Is now living on old merits. Albeit there are some new things going on. But 80% of everything is old, very old, and in desperate need of a complete upgrade.
This is one of the most important charts to understand. People want to diversify, but all they see are fiat profits. If you measure in hard money, S&P500 did not rise since the 1970s bull. And if we don't count the dot com bubble, the market is more or less sideways.
I'm not
So there's this progression. First you see something like
@CashuBTC
when you say, "Oh, it's a custodial lightning wallet with better privacy for users and no accounts." And then you realize, "Oh, I can use this to pay someone who is offline. I just send them a string and that’s
Unpopular opinions:
1.) we never wanted regulatory clarity. we wanted to be left alone. Regulatory clarity was something that politicians wanted to deliver, but we did not order this. Everything that is not forbidden is allowed. If regulations don't regulate crypto, we can do
Everyone is salivating about the Putin interview and I'm just asking myself why I should listen to a bat shit crazy mass murderer. I didn't care about Stalin's or Hitler's philosophy either, I don't care about what the Kim family think about how a country should be run either.
When a czech tech founder criticized Bitcoin for being some niche payment method, I wanted to see if it's not a czech crown that is niche, which indeed it is. If you are on a random place on earth, you have much higher chance of being able to pay with BTC than CZK.
🧵
"I swear, I'm totally proposing this idea for safety concerns, not because I want to create a massive barrier to entry for any potential competitors to my company"
@mmt_cz
Tak bitcoin má 2x väčší market cap ako váš lokálny shitcoin czk a minimálne 10x toľko užívateľov.
Hrozne ma baví keď niekto používajúci czk hovorí, že sa bitcoinom nedá nikde platiť alebo že to nikto nepoužíva. Veľmi cute, skúste vytiahnuť svoju bankovku na národného človeka vo
Slovakia just lowered taxes on crypto, removed crypto to crypto taxation and removed taxation on crypto purchases up to a certain amount.
Good stop on the way to 0%. But let's not stop before final destination. Congrats to all the tax residents in Slovakia.
More recommendations
My new short ebook Cypherpunk visions and trends 2023-2025 is out!
Available through my eshop in epub and mobi, fiat payment with credit card, but crypto preferred (BTC, BTC⚡️, XMR, LTC).
Read the thread for the overview of the content.
Cypherpunk is a punk philosophy of using technologies to provide personal privacy and anonymity. It includes anonymization technologies, encryption, digital signatures, plausible deniability, electronic cash, zero knowledge proofs, etc.
🧵
A small thread about Bitcoin censorship and why it probably does not need >50% hashrate.
Imagine you are a honest miner that likes Bitcoin. You create your own blocks, with transactions you choose (Stratum v2 for example).
Introducing Nutband – a post fiat apocalypse Cashu client working over Reticulum
A demo of Reticulum,
@CashuBTC
and my project Nutband that combines them, in order to use a Cashu mint over Reticulum mesh network – in this case over long range radio, and without internet.
My decision tree for Bitcoin privacy:
1.) if the amount is small, accumulate lightning balances using swap-ins through
@Breez_Tech
. Per utxo. Swap out using different wallet. This decorellates utxos, great for small merchants.
2.) if the amounts are high, mix with
@Trezor
So this Bitcoin ETF is going to make supper of real Bitcoin very hard in many places. In Slovakia for example they have 40% income tax on "virtual assets" (they still use these statespeak words), but it's 0% for ETFs after holding for one year.
And these bitcoiners are always
This is horrible, but it pushes us to what I've been saying for some time now - we need to embrace Progressive web apps more. Deploy them from our own home nodes.
Twitter has a pretty good PWA, I removed native app and use the web one only. If we do this, we won't need any
Minimal wage is always 0. There's just a gap where it is illegal to hire lower productivity people. They are forced into unemployment by the state.
This is the ultimate policy against the poor, when it is illegal to pay them money.
Goodbye lnd.
I migrated to core lightning completely. I realized that lnd is just running there, doing nothing.
Core lightning has great tooling now...
What is happening to us?
Fiat is happening my friends, fiat.
Printing money through mortgages increases cost of homes faster than general rate. Homes are less affordable. But wait, wasn't fiat printing through mortgages supposed to allow anyone to purchase a home? Ooops!
Krachuje "Silicon Valley Bank", banka technooptimistu, start-upu a tech sektoru.
Akcie leti dolu.
Crypto leti dolu.
Ted je ten cas, aby
#Bitcoin
prokazal, ze je DIGITALNIM ZLATEM a drzel cenu.
Co myslite?
Historic!
The EU becomes the very first continent to set clear rules for the use of AI 🇪🇺
The
#AIAct
is much more than a rulebook — it's a launchpad for EU startups and researchers to lead the global AI race.
The best is yet to come! 👍
Another government fell down. When the government is falling, I should make a wish. So here it is.
I wish people won't pretend that these next elections are where the future of galaxy is decided again. And it's close again. And every vote counts.
No. Build things, ignore clowns
But who would pick up cotton and grow sugar cane if we abolished slavery?
This is what I hear when I talk to statists asking about roads and courts and whatever is in their domesticated minds.
I don't give a shit. Slavery is wrong.
We have left it behind. Or have we?
-
Po rozhovore s
@nicksvyaznoy
stále myslím na to, že nemáme žiadnu víziu budúcnosti. Vrcholom slovenskej kultúry je móda z 18-teho a 19-teho storočia.
Raz som sa ocitol na nejakej filmovej akcii v Českej republike (prakticky omylom, oblečený štandard na geeka, mikina a rifle,
Dear companies. Please stop using SMS for "authentication". We have 2FA like TOTP. A phone number is a temporary thing that I always change (I only keep a VoIP permanent phone number that often does not work with SMS).
SMS often do not work and they are not secure (sim swapping
SK: Ak ešte náhodou nepoužívate Bitcoin alebo poznáte niekoho, komu chcete ukázať ako ho používať, vytvoril som rýchlokurz geniality, ktorého výsledkom bude superschopnosť používania Bitcoinu. Vytvoríte si a odzálohujete si peňaženku, prijmete a odošlete Bitcoiny. A to všetko za
Unpopular opinion: bard and chatgpt are more useful than many medicine doctors for 99% use cases.
Doctors often figure out you're not dying, prescribe light pain killers and send you home.
Just last week experience: a doctor prescribed two medicines that should not be taken
In case you have not seen this, please see, share and install.
Philosophy and practice of getting peer to peer, non-KYC Bitcoin with
@vexl
app.
Now available worldwide.
The border between Liberland and Croatia is now officially open. There's an official border crossing and you can get to Liberland without trying to avoid the croatian border police.
Another "non-land" use-case is that you can start a Liberland company and issue invoices. Even
Welcome to the dystopia, episode 31337, European union edition.
I will for sure remove these eu certificates completely, even if I have to build my Firefox from source.
Disgusting, I would expect this from China, Russia or Iran, not "the west".
I'd add one which was not public. I was working on an open source project, at that time anonymously. No tokens or anything like that. We wrote to many prominent bitcoiners for feedback.
@giacomozucco
was one of the only people who replied. Better than that, he actually made some
One of the person I particularly appreciate in Bitcoin is
@giacomozucco
.
Many have betrayed the Bitcoin revolution we're part of. Giacomo has always stood strong on the principles he has preached - not only when it was prudent, but also when doing so brought him enemies and
I get the money once a month, I only see around 20% of the price of the book. When they are finally wired, they take travel around 7 days to appear in my bank account.
To support the authors, pay with them directly with crypto. Same to you, huge difference for authors.
Operation chokepoint 2.0 going really well.
✅ need to bail out banks
✅ bitcoin txs going through, didn't notice any chokepoint
✅ fiat value going down
✅ stablecoins successfully stress tested
✅ banks successfully stress tested and crashing
Well done, Darwin's prize awaits
Another day, another good opportunity to explain that Telegram is horrible for your privacy. Even if you are in public chats. API allows to access information such as your last login, scraping of public channel activity, etc.
Let's switch to alternatives
I just visited the beautiful city of Liberec in Czech Republic. And this struck me as interesting.
People understand that czech language is niche and don't expect people outside a very small area to understand it.
Yet they often think their financial communication language -
The fact that central planning does not work has been shown by Mises in 1945. It is an information and decision problem, not a computation problem. Yet, people still believe that changing the central planner to someone more competent will help them.
Popular opinion: AI is just glorified statistics
Unpopular opinion: Our brains are glorified statistical computers running on biological hardware
We are not that different...
Thought experiment. Samourai whirlpool coinjoin is five inputs and five outputs. I guess the participants are selected by the coordinator, which is open source, but there's no way to tell which coordinator they are actually running.
Imagine if they were adversarial. We know they
I don't often retweet politicians. But people need to hear this.
P.S.: I don't consider WEF a significant player in the world affairs. I think their influence is way over blown and it's an expensive vacation for second and third grade politicians and wannabe power trippers. So
I'm happy to say that
@GrapheneOS
is getting mainstream, it is increasingly common in my circles.
Either I'm getting cooler people in my circles or it's spreading or both!
Pixel Fold is amazing with Graphene!
I just published a new book, this one is specifically on Lightning network. From basic use-cases to explanation of how it works, and a few things that I see coming in the future (or hope for).
The Orange Flash of Freedom: Understanding and using the Bitcoin Lightning network
Funny, they always say "far-right", they show the craziest picture.
I love how these socialists' heads are exploding, if Milei did nothing else, it would have been worth it already.
If we can't invent something, let's be a leader in banning it - 🇪🇺 motto.
Regulation = banning
Applies to crypto, AI and irregularly shaped bananas (this regulation has been reformed since).
And of course ban websites without annoying cookie boxes.
Standardized school tests: "how well you can do what your classmates can do as well"
The market: "what is your unique skill? What can you do that others can't"
The worst way to compete on the market is being a little bit better.
Better approach: do what no one else can do.
A 🧵 on "home nodes" – become your own cloud, bank and credit card company.
Cypherpunks like to run their own software, from Tor relays to Bitcoin nodes. These projects will likely integrate more in the future.
Some people have bad experiences with cloud services: deplatforming
Agreed... And sadly, most of Europe is declining world, especially central Europe.
My last two visits of Germany I was constantly asking "wtf is happening here?". Failing infrastructure, trains run late, dirty toilets, people feel annoyed and in "not my problem" mode. In
Daily Balajisms
#70
on the ideas of
@balajis
. Today on ascending world vs declining world.
Every country is a developing country. It's Red Queen dynamics, so tech progress is key.
Balaji Srinivasan divides countries and cities into the ascending world and the declining world.
Here's a fresh pie chart since the beginning of the year from a store that accepts crypto.
Lightning really took off this year. Litecoin is dying. Monero is going slightly up.
BTC on-chain: 25%
BTC Lightning: 54%
XMR: 14%
LTC: 6%
(percentages rounded)
Friends, we are officially in envirodystopia. Routers now have "green" ethernet, which means it is saving microwatts of energy, for the price of broken connections all the time.
I did not expect to see the day when intelligent people would applaud censorship and demand more of it.
Historically, there has always been a reason for it. Heresy, against the king/emperor, opinions against ruling commies, demands for more freedom, or protecting the cult of the
I have to admit that I don't care at all about normies. The question of "will a normie use this" is not interesting to me. As long as anyone can do it if they want, it's all good.
Will normies ever use Bitcoin? If they are stupid, they won't, if they are willing to learn, they
Open Source is Eating the World. Accept
#bitcoin
payments and generate bitcoin debit cards, on the same device.
All on
@BtcpayServer
, no permission needed, available to anyone in the world to implement! End-to-end experience.
Who is using smartphone without a phone number connected to the cell network? (i.e. data only)
If you are not, why not?
If yes, can you tell us something about your setup?
1. There are productive people. They raise quality of life of society
2. Society decides (by majority rule) that the wealth shall be redistributed
3. Wealth evaporates, productive people leave (either stop producing or go where they're treated best)
4. Society needs to attract
The Socialist Death Spiral
In Argentina, Massa won (against Miley), the Argentine Minister of Economy, who caused almost 150% hyper inflation in the country and made Argentina one of the poorest countries in Latin America (note that 100 years ago Argentina was one of the most
Interesting how almost every Bitcoiner is so sure that there's an imminent bitcoin bull market coming.
I mean, I would like it, there's etf and halving hopium, but remember, it's all numerology and past cycles do not have to repeat.
Halving is more symbolic, the whole amount
@wilderko
Však to je pointa zeleného socializmu. Máš ísť pešo alebo na drevenom bicykli s biodegradovateľnou farbou. A namiesto svetiel ti majú žiariť oči.
S čím nerátali je, že nám žiaria, ale lejzre!
@jakub_steiner
Ekonómovia nemajú čo radiť dane a zákazy, majú skúmať čo ľudia robia, nie riadiť im život.
Teda ak si pod "ekonómiou" nepredstavujú marxizmus-leninizmus, čo väčšinou bohužiaľ tak je - fetiš na centrálne plánovanie, začína to keynesom, končí vždy stalinom.
KYC is a complete misunderstanding of bitcoin. Most of us consented to it at one point, but that does not mean we have to continue it.
Replace forms and waving with your id on a video call to kyc provider with friendly meetings on otc traders you find - in local trading groups,
Essential reading for the current state of the world:
Paul Rosenberg - A breaking dawn & Production vs Plunder
Ayn Rand - Atlas Shrugged
Hans Hermann Hoppe - Democracy, a god that failed
My new book is out! Cryptocurrencies - Hack your way to a better life.
How bitcoin, decentralized payment networks, cryptocurrencies and a return to hard, non-inflationary currency will help us change our lives and the world.
Enjoy!
My car's front assist (adaptive cruise control) sensor stopped working and cleaning did not help. So I decided to turn on longitudinal control (software ACC using camera) on my
@comma_ai
device and holy shit! When I first tried it a few months ago it was almost unusable. Now I
Just stumbled upon book Monero Standard by
@TheStoicCoiner
It is a preorder, so I can only judge the cover, but I like it - the name is nice trolling of current insanity.
I am quite enjoying Monero community. MoneroKon was what Bitcoin confs used to be
Fun thing to do: Start using Signal. Seriously stop using Telegram (not E2E encrypted). When you come home, switch 📱 to ✈️ mode. If someone wants to call you, they can do it over Signal through wifi.
The why:
The how:
When we hear about "mandatory re-education", people instantly think of gulags, north korean or chinese camps or any other horrible prison.
Consider that "mandatory education" is the same. A prison for kids to be "educated" (brainwashed) into current statist mainstream thinking.
I've been saying that EU is utterly out of touch with reality for some time now.
I think after this, no further discussion on this topic is needed.
The probability that they will realize they are high on bureaucratic power is low, so the only way is by clashing with reality.
When AI large language models act like politically correct pussies, it is not just annoying. It is a worse service. Example: I told it to summarize my lecture about crypto volatility. Instead of pure summary, it added a lecture on cryptocurrency risks, volatility and possibility