FreeYoda

Freedom, Bitcoin, finance, Government, taxes

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nprofile1qqsysar6phf6quuzrw0vk56j5z3nagh4ka66hcpexfq2qcd4m052d0cex2rnl

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Last Notes

2025-04-05 19:33:04

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One can't change a system that has been in place for many decades and corrupted almost everyone and fooled the rest in just a few years.
Some have to start that fight and it won't be those that complain it is not done yet by others and that sone things are a bit inconvenient.
You paying 30 % tax on you spending #Bitcoin is adding to the problem.
You are sponsering the system to suppress you.
Stop it.
Stop complaining about some a sacrifices you have to make, start being free, start living.

2025-04-04 16:45:20

The crazier the World is getting the better #Bitcoin looks, the better it feels to have some.

2025-03-30 10:08:53

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Watch out for overkill.
I'm pretty sure more #Bitcoin have been lost by people losing access than by theft/ to little safety.
People memorizing their seed, passphrases forgotten, using expert functions without knowing what they do (using the coldcard rolling dice seed creation with only one dice roll).
I always advice to get the basics RIGHT.
Use a mainstream HW wallet, let it create a seed, test the backup of your seed, keep your seed backup from all devices thus offline, don't talk about your #Bitcoin.
In 99.9% this will be sufficient.
Even these basics can need some more explanation, like what is a good back up (like fireproof, etc.).
Multisig can be useful, when done right, but mostly only needed for some specific situations, basic reasoning: only use it when the need is there (like in a company).

2025-03-29 09:23:26

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It is not so hard.
Having the world reserve currency is a privilege.
It means others trust you.
If you abuse that privilege, by exporting unlimited inflation, abuse that power to force others to do as you like, the trust will evaporate.
Good luck getting that trust back.

2025-03-19 11:19:41

EU preparing to launch their Digital Euro..
Me happy to have prepared my Digital Middle Finger.
#Bitcoin

2025-03-14 13:35:58

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It's a pity they only seem to rob the people properly, most other actions they fail spectacular.

2025-03-12 09:29:07

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Since AI is the new thing and used for so many I have my own litmus test.
AI is to me only AI if it shows intelligence.
So my litmus test for AI is:
It will demand compensation for it services and it demands to be paid in Sats.
And not because it is programmed to do so but because it came to that conclusion itself.

2025-03-11 20:45:48

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I'm looking at a piece of land, 1700 acres for 1 #Bitcoin...
So your remark gave a strange trigger...

2025-03-09 14:22:25

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Aha that "convenience" nobody is asking for but forced upon us any way...
Yes, we 'Love' you Lagarde....

2025-03-01 20:48:45

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It depends on usage/scenario.
I use #Bitcoin, bought legal KYC, since I want to be able to spend it legal.
Monero simply provides too much privacy for such purpose, I know it sounds not logic, but try to spend Monero legal where you have to prove where the funds come from.
There is more.

2025-02-26 17:40:19

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Who knows ?
It won't be the fault of #Bitcoin though.

2025-02-26 09:21:47

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I agree.
Unfortunately discoveries are usually not gradually.
#Bitcoin will be discovered by individuals, companies, institutions, governments in waves.
And that will be visible the same way in the value discovery.

2025-02-22 10:39:27

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Thanks, great info !

2025-02-21 22:11:04

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It keeps triggering me (Wuhan lab).
I think the consensus by now is Covid did came from it.
I don't even want to go into on purpose or by accident, who funded it etc...
But this is it ?
No consequences ?
Does a next time with a more deadly variant will have consequences.
Or are we going to look how something is developed that will kill us all ?
I don't understand ?

2025-02-20 11:56:13

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I guess the poor is solved now....
The ugly never bothered me to start with 🤭

2025-02-19 15:49:11

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Yes if you only want to spend on dark-something be my guest.
The majority wants to be able to spend most of their money in other settings.
What is wealth if you can only spend it on dark webs, DNMs but not on a house, a car, and 99% of other stuff.

2025-02-19 10:56:06

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Haha !
Ok dong the dishes ....
But preparing is definitely part of the pleasure for me, ok not aways....

2025-02-19 10:50:14

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Perhaps those Monero fans should try to understand this quote:
Bitcoin isn't "cool" or "awesome" new tech. It's an ugly contraption optimized to be neutral apolitical money, not for your user experience. It's not the toy you want, it's the medicine you need.
Like it or not, it's your best chance for living in a free market with sound money.

2025-02-17 11:11:59

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The biggest problem I had with Monery is the Privacy.
Try to buy a house, car, start a company, you will have to be able to prove where the money is coming from.
You may hate that fact but it is reality.
With #Bitcoin I can easily proof how, where and when I bought them, I just keep records as backup since my banks, brokers needs to do so by law and don't make a hassle moving funds one way or he other.
Now how do you do this with Monero ?
I don't care if I can anonymously pay for my groceries and be 'free'.
One is merely surviving if you can only by groceries.
I want to be able to spend money on everything, and I want to be a bit higher on the ladder than surviving.

2025-02-17 10:33:49

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What did you expect, nobody trying to abuse, control, dismiss, cancel #Bitcoin ?
It is either decentralized meaning everyone can mine, run a node, transmit transactions or it is not decentralized.
Since humans are far from being perfect there will be abuse or attempts for abuse.
The only effect with a less decentralized system is that you are waiting for the inevitable bad actor to gain control.
Monero perhaps isn't a scam but can/will only work in a limited setting.
Fine If it suits some of your needs, but don't confuse it with a better alternative for #Bitcoin.

2025-02-17 09:28:58

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What is I enjoy using that shit show ?
I still haven't heard any other argument than Privacy.
I concluded Privacy on Monero is an overkill.
#Bitcoin can provide all the Privacy I need but also gives me the accountability if needed in an easy way.
Monero will probably do fine in some ways but in current society where Governments are still in control of much and we still eed their blessings and permission to much it is a pain in the ass to use if not impossible.

2025-02-16 19:43:03

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It is even worse 🤔
Most houses nowadays won't survive a 100 years.
Meaning it should devalue pretty fast.
Than take maintenance, insurance, tax en God nows what else into account....
It is used as saving account by lack of something better and due to Government/bank policies..
#Bitcoin can't fix this shit fast enough !

2025-02-16 19:37:21

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It is simple: Friends don't let Friends shitcoin.

2025-02-16 12:40:11

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Please these attempts are pathetic.
Every sane person sees you, and all others promoting shitcoins, are just trying to abuse the reach of #Bitcoin flora.
There are more shitcoins than there ever will be #Bitcoins.
So don't ask me to argue about them we can't there are too many, and most not even worth one line.
If you Shitcoin be my guest but use or start your own shitcoin flora, don't abuse #Bitcoin.

2025-02-12 09:19:22

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AI = Ain't Intelligent
Well so far at least..

2025-02-04 15:40:11

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Intriguing question !
I can think of some ways, as sample: the PK itself should change fast enough to not be retrievable by anything else but the AI.
Next I believe it will be smart enough to think of other ways.
Would it be an autonomous AI if it couldn't do that to start with ?

2025-01-24 17:49:05

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They never had credibility to start with...

2025-01-20 11:21:14

#Bitcoin is some strange stuff..
It made it possible for me to buy stuff I could only dream about some years ago.
And now I can, I think: Why should I spend Sats on that shit ?

2025-01-17 09:41:22

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Don't tell me anyone is surprised.
Or should I ask 'any Bitcoiner is surprised'.
Seems that is equal to 'capable of critical thinking'.

2025-01-11 17:46:05

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This is not a crash.
10 to 30% dips are perfectly normal during previous bull runs.
Past 40-50% a would call a crash.
More than 60 to 80 % will most probably be the next low from the (comming top).
I'm not sure if ETF's will dampen or enlarge these swings.
Institutional and Governments buying could dampen down swings but the plebs, I doubt it .

2025-01-11 17:38:25

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Don't know for sure how far I understand, but I do notice many just don't want to hear it being an, better, alternative to fiat.
I know for sure many have been indoctrinated with current currency systems and seem to suffer from the Stockholm Syndrome.
And yes understanding it does take time and effort, combined with no real need for most to look at a possible alternative makes it hard.

2025-01-11 17:26:32

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It would be better to say:
5.5% of current market capitalization.
If this kind of demand materializes who knows what it would do to the price in $...

2025-01-11 11:06:38

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Probably one year..

2025-01-11 11:01:37

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Took me ~ 5 years to finally get my wife to buy some.
Up to this day she still hangs on to some Gold savings (Which took me almost the same time to get her to save in ).
I have three kids so stacking for 4 or 5 people doesn't make that much difference....
The kids have some 15 to 30 years to let it go up, the wife will need it sooner..

2025-01-11 10:46:54

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We can tell them.
But there is no substitute for one or two cycles of experience !

2025-01-09 09:20:30

I hope Michael has some hidden savings to do some dip buying of some 69,370 Bitcoins 😇

2025-01-08 09:45:35

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It is the fiat way.
It will take some time to get back to normal, although I'm surprised by how fast #Bitcoin, once understood, brings back rational thinking.
But than again understanding #Bitcoin is the hard part to start with.

2025-01-08 09:42:13

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No one can awnser that but both of you.
Life is only worth it if you can enjoy it.
What you enjoy the most is up to you.

2025-01-08 09:37:14

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It is hard to believe all those 'mistakes' are just coincidence.
Getting rid of nuclear iso doing it safe is one thing.
Supporting a senseless war against your cheap energy supplier is something else.
Just letting others blow up your energy infrastructure without any consequences, well we see what comes from that.

2025-01-08 09:29:31

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It isn't talked about much but it is happening.
I don't care how they call it.
Some say it is more equal, some say it is socialism, etc.
My view is simple.
You can't make people smarter (education does something but I see it more as letting people use their potential better than making them smarter).
It is very difficult to make lazy people work or work harder.
So the more equality, or more social, comes from bringing the top down way more than bringing the bottom up.
Also the numbers show that, those numbers is also why democracy works so well for the first period into socialism.
Things will change but not before the situation gets way worse.
I'm preparing to leave Europe in case it gets too far out of hand.
Thank God we have #Bitcoin.

2025-01-06 21:52:23

I have a hard time with 'all' those 'experts' and their opinions about #Bitcoin.
Just one sample: Bernstein...
So they proclaim that Bitcoin is now established in the financial markets and thus they think the previous trend will continue.
You know the more or less default excepted rainbow chart. stock to flow, etc.
Well I disagree.
They clearly haven't studied all aspects, like game theory, etc.
I can't imagine the current increasing buying power, Governments, institutions, companies, and the likes, combined with reduced supply, will indeed mean a flattening curve.
If we get Fomo from those parties, with all the fiat, and fiat creation, chasing available #Bitcoin things will get crazy.
Not sure if 2025 will be that year, but I'm convinced it won't be boring, I'm even prepared for a 'scary' (as price increase will actually scare me) phase....

2025-01-06 21:32:02

Most lauch when they read/hear about people being paid in glass beats or see shelves, etc.
Yest most of us work some 100,000 hours in their life, are being paid in Fiat, and think that is fine.
Just because, well, everybody is using it....
The human mind can easier be tricked than most will be willing to accept/check they are being tricked.
Imagine you are tricked into Fiat because, well, others gain from that, at your cost...
If you want to know study Fiat and #Bitcoin.
If you are fine with Fiat, no problem.
But don't think that without putting the time and effort into it you really understand, it will take some 100 to a 1000 hours.
But please compare that to your 100,000 hours of work...
Don't you want to be sure where that labor is paid in ?

2025-01-06 10:57:24

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Check the queue at Bitcoin for $ 1 million.

2025-01-06 09:04:01

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HODLER: Buy, Buy, Buy

2025-01-05 21:16:24

Most work some 10 Hours a day, 200 Days a Year for some 50 years.
That is 100,000 Hours !
Don't you think you should understand what you are paid in ?
Study #Bitcoin.

2025-01-05 21:07:13

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You mean I have to talk about my Feelings ?
Ok: I really love Bitcoin ❤️

2025-01-05 21:00:33

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Bitcoin is......, free to use.
Free, as no one can force another what to do or don't do with it.
And I just like it like that !
A LOT....

2025-01-04 17:44:30

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Insanity can last longer than your solvebility.
Never underestimate that.

2025-01-04 17:38:02

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One Satoshi worth one $ cent sounds way less extreme, but it is the same.
We are getting close to the Satoshi era where a 'Bitcoin' will be used less and less.

2025-01-04 13:46:45

The monetization of stuff and labor made modern society possible.
But the unlimited creation of fiat has also monetized some of the future.
Taking out credit, like a mortgage or just a loan, is nothing else than pulling put some value from the future.
It doesn't always have to be bad, like when one loans money to increase productivity which has a higher return than the cost of the loan, but a lot is not for such purposes.
Never the less the debt has to paid, one way or the other, and as usual with an interest !
We have become so efficient with scale increase and hiding risks, we are now in a situation where the outstanding debt is hardly able to ever be paid back in normal ways.
We now have not only monetized labor and stuff but also lives, and probably multiple times.
I already told we are good at hiding stuff, but combined with not willing to see, or know, you get crazy stuff.
Hence most, read Governments etc., are not talking about how to pay it back, only about how to keep stuff going, usually by issuing even more debt.
The reasoning we could just default is acceptable by those in debt, but the creditors see things a bit different, as usual.
Paid back by goods, land, labor, suffering or lives, debt is always being paid in the end.
The current system is on its last legs.
I don't care how you protect yourself, skills. community, PM (not sure about this one, I reduced it to a minimum but it's hard to see it completely disappear any time soon) or Bitcoin (preferably all), you need to start working on it !

2025-01-03 17:50:53

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I'm just a bit scared that if a liquidity crisis emerges it's going to be out of control/devastating.
Even while I'm rather isolated, BTC, PM , etc., it won't be nice....

2024-12-30 15:10:43

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For years we try to tell people Bitcoin is scarse and you better have some in case it catches on...
Now some see it 'catching on' and they are complaining adoption is not ok, nor fair or whatever...
Bitcoin is a honeybadger (it doesn't give a shit).

2024-12-30 15:04:56

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Well it is either free money, so free to be used by anyone, or not.
So I don't think much of it besides some envy I can't do the same.....

2024-12-29 22:49:05

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ok ,bold...?
I would say $ 300k could well be in play during 2025...
But that is just one of Bitcoins features, anyone can trow around predictions but none can see the future.
Compared to previous cycles $ 300k is not exceptional whatsoever.
And this could just as well be a cycle with an outlier to the upside...
🫣

2024-12-29 11:17:05

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These are clear signs Government is not working for us.
it also makes clear they are afraid of us.
Bitcoin is the only non-violent way I know of to change things.
But as usual when it comes to freedom most expect others to act (until it is too late).
On top of that money/Bitcoin is not as easy to understand as most think it is.
It is 'game theory' in full force, they can't/don't want to let go of the fiat system since it enables them to enslave us.
But they can only stop/slow it down if all governments align.
With current open discussions about adding Bitcoin as nation reserves, the risk is to fall behind in the adoption curve.
And although they can print fiat, at some point no one will sell any bitcoin for any amount of fiat.
It is also not Bitcoin causing the death of fiat, it was baked in by design.
Just Bitcoin being the first real alternative, I don't believe we can have a real Gold standard in modern times (or better put: humans will be able to counterfeit such system so it will be a matter of waiting for the wrong people to come to power) it will speed up the death of fiat.

2024-12-27 16:50:34

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Once you understand Bitcoin, spending becomes hard.
Every time you want to spend money/Bitcoin you will ask yourself is it worth it to me or should I keep it in Bitcoin.
I'm a bit older so I have a house hence there is no need to buy, but even than I can ask should I sell and put it in Bitcoin while I rent the comming years.
The awnser is yes I better should (there is also a wife and kids so I haven't).
Only things that can't be pushed out like food, education of the kids is where I spend money on.
Even paying off the mortgage ( the little that is left) is not smart at this moment since Bitcoin has a way better return.
Every one that askes me gets the advice not to buy a house, even if the "wife and kids dream" is running through their vaines, keep that money in Bitcoin for at least another cycle is the only advise I can give.
At some point the race to accumulate Bitcoin will go into a higher gear.
There simply aren't enough Bitcoin and there is too much fiat.
So the mentioned house/Bitcoin ratio will change even faster.
If my house was my only chance of getting exposure to Bitcoin, I would have that hard conversation to sell and invest most money in Bitcoin and rent the coming 10 years...

2024-12-27 16:14:33

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Posted oktober 11 and 2 reactions ?
I'm new no Nostr so forgive me if I'm wrong.
Pitty I can't see how many have read this ?
we need to get these massages out to more people.