Rodrigo

https://www.poweredbyibex.io/

Head of IBEX Digital Assets | Freedom Tech

Public Key

npub1m7hssyvr3pdqq6w8jwhj7j7ts9uznfzt83rdzp72lmhqvuj2gngqqjtvh9

NIP-57 Address

uh1c@zeuspay.com

Profile Code

nprofile1qqsdltcgzxpcsksqd8re8te0f09cz7pf539nc3k3ql90amsxwf9yf5qrqrt2d

Author Public Key

npub1m7hssyvr3pdqq6w8jwhj7j7ts9uznfzt83rdzp72lmhqvuj2gngqqjtvh9

Show more details

Last Notes

2024-10-28 22:31:23

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Welcome friend 🤝

2024-10-24 11:36:12

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This is not right.

2024-10-22 01:20:01

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That was a great battle at the end between Veratappen and Norris, what a shame they gave Norris a 5sec penalty. I do think he was ahead at the apex.
I think that unfortunately this is the end for Perez at RedBull. Will Lawson replace him? What do you think?
Great performance by Colapinto as well.

2024-10-21 11:29:28

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Perfect

2024-10-19 01:07:38

Great to see that bitcoin made it to the landing page of Financial Integrity of the IMF 🤣
https://image.nostr.build/2d7e7ba6ba9d8d50cc89e9bf105b8135072404e0df7df254c02f5c6d4001730a.png

2024-10-16 22:37:37

Not your keys, not your coins.
Not your server, not your data.
#note1ulw…8luw

2024-10-15 18:55:53

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The person receiving needed it asap and had no time to go through an app setup as they were standing outside WU. Conversion to Osmo wallet in progress.

2024-10-13 17:42:12

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I'm an Adroid user don't know about Damus. I use two clients:
Primal- It does take its time to load sometimes. DMs do load fast for me. I use it to post sometimes because I find the emoji setup easier to use.
noStrudel: This one is my go to client. Has a lot more things on it such as Communities. I really like the interface, although Primal has also done a really good job. For some reason, it won't notify me of new followers so I use Primal for that.
Alternatively, you can also try Amethyst. I never got used to its UI but I go in and play with it from time to time.

2024-10-12 19:31:04

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Bienvenido!

2024-10-12 06:11:52

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Vibezzzz

2024-10-12 00:43:15

Had to send money back home via WesternUnion and I kid you not, a lightning logo and yellow screen showed up when I hit send.
So close, yet so far.

2024-10-11 14:39:30

Anyone noticed that the co-CEO of FTX Digital Markets updated his LinkedIn profile before going to jail yesterday??
😂 😂 😂
Legendary move
https://image.nostr.build/1b7a2318b4ae8e88c106e9d1e49b20b130febd882f752e9ea99e38c5fe307eeb.png

2024-10-01 14:50:02

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And since you are already on that, you can use Nextcloud to also store all your files and documents.
There are two native mobile apps as well: Nextcloud and Notes. I use Memories as a PWA.

2024-10-01 00:52:16

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Yes. Nextcloud comes with it's own set of apps you can download. Use the one called Memories. It creates the timeline of all your pictures, you can create albums, etc. I've been using it for over a year, it works great and very happy to not have anything on Google Drive. Longer videos might have to be uploaded when you have LAN access though.

2024-10-01 00:48:11

Looking to create a community. One of the boxes says "list of recommended relays" that I need to have. Is this something mandatory or how do I go about this?

2024-09-10 15:01:57

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How will I know if I'm allowed to write to a relay after I have added it?

2024-09-03 16:15:15

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Part of Milei's economic plan, they reduced federal monthly payments to provinces and La Rioja couldn't keep up with its budget and basically went bankrupt. So they created a new currency to prop up the provincial economy. They've been giving out about USD 40 worth of chachos to individuals, where the monthly average salary is USD 240. It's a 16% gift overnight, sky will be the limit for prices IF business actually accept these.

2024-09-03 15:37:45

It's unfortunate the extent that provinces in Argentina, such as La Rioja have gone to get away from the Peso, but they've set the peg of their new currency, the "Chachos," at 1:1 to the Peso; no way to escape inflation.
https://m.primal.net/KcSC.png

2024-08-31 14:30:00

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One of the real costs of privacy is convenience.
It's not easy to give up the UI/UX of Google and Apple products for hardwares and softwares like @npub126n…e9ll , @npub1235…0ht5 and Linux (all three which are great).
Once you take the bold and liberating step, the feeling is kind of the same as having a kid. You won't really know how awesome it is until you do it.

2024-08-31 08:34:59

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Protocols not platforms

2024-08-30 11:50:27

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What I like about @npub126n…e9ll in comparison to Umbrel is the amazing support team that they have on Telegram. I honestly have not experienced better tech support from any other company. Their response time is very fast and that helped me a lot as I went down the self-sovereignty rabbit hole, coming from a non-technical background. I believe support for second HDD is in the timeline, but can't confirm 100%.
Start9 + Graphene would be a match made in heaven.

2024-08-30 10:42:16

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Breaking News: Nostr CEO arrested!

2024-08-30 09:08:05

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I know, those great conveniences is how they get you to stay. One step at a time my friend. My first suggestion is to start with you own server. You can connect from your apple devices.
I never used iPhones so it was easier.
Suggested journey:
1. Get you own @npub126n…e9ll server. Happy to share more insights if you want to DM me. I also have a discount code.
2. With deeper understanding and hands on experience with self-sovereignty get rid of the iPhone, but a Pixel and flash @npub1235…0ht5
3. Get rid of the Mac and buy a new laptop either with Linux already installed or flash it. I also know there is a Linux distro available for Mac. But I just shy away from their hardware.

2024-08-29 15:30:41

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Yes, but @npub126n…e9ll is working on clearnet integration for their services. Not 100% sure if clearnet would also apply for SimpleX.

2024-08-29 12:46:50

One of the real costs of privacy is convenience.
It's not easy to give up the UI/UX of Google and Apple products for hardwares and softwares like @npub126n…e9ll, @npub1235…0ht5 and Linux (all three which are great).
Once you take the bold and liberating step, the feeling is kind of the same as having a kid. You won't really know how awesome it is until you do it.

2024-08-27 14:45:00

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I really like @npub1wyu…87ez
for its feed flow on both desktop and mobile, but prefer @npub12vk…pugg for writing notes that include emojis.
Thanks for the rest of the recommendations.

2024-08-21 19:02:08

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Looks good, but the fact is the majority of the world does not operate Linux (as end-users being used to the stickyness of Android and iOS, unfortunately). Coming from a non-tech background but deeply caring about my [digital] privacy, I bought a Google Pixel and flashed @npub1235…0ht5 and was up and running in about 15mins. Amazing OS by the team and highly recommend to anybody looking for a privacy and security OS on a phone.

2024-08-21 14:59:04

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A holder is one that as you say, views it as an investment. A bitcoiner is one that tries to apply the bitcoin ethos to everything in his life besides just owning bitcoin AND spending it: Have control of your money, have control of your data, live and work to be self-reliant, as this is true freedom. Try to be a better person every day and project this to the next generation. A bitcoiner doesn't give into the material things in life and gets lost in that, but rather sees beyond that and appreciates the good things in life, starting with family.

2024-08-21 09:53:06

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SimpleX, and with a @npub126n…e9ll server you can self-host the communication on your own server as well.

2024-08-16 08:11:30

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Not your keys, not your coins.
Not your server, not your data.
Linux, GrapheneOS, @npub126n…e9ll server

2024-08-16 08:08:49

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De acuerdo contigo, acabo de manejar entre dos países en Europa y 140kph es la velocidad perfecta. No estas fuera de control, vas bien y ahorras tiempo.

2024-08-14 12:13:05

It's great to get spammed 1sat tied to a marketing message from random companies in the space. Nothing pops-up, just randomly check my node activity and see 1sat, 1sat, 1sat... keep em' coming!

2024-08-14 09:48:47

Will there be any net positive benefits to society if the Google breakup is successful, @npub1mzn…6mak ?

2024-08-13 14:06:53

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I ponder on this from time to time. It's too scary that I just stop thinking and buy a little bit more bitcoin at that precise moment.

2024-08-13 10:34:55

I got really excited recently, when I got this notification until seconds later I realized it was a fake Lyn 😂 😂 😂
Hopefully one day the real @npub1a2c…w83a will follow me 😉
https://image.nostr.build/7f2950560bb9a9e64ce000d2d3a17c844a09a0594ebe228b5501ef6584bd6b45.png

2024-08-12 14:12:27

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Didn't know this account was on Nostr. Thank you for making my day @npub1a2c…w83a

2024-08-12 14:11:09

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The only happy creatures when the Titanic sank were the lobsters in the kitchen.

2024-07-31 15:34:45

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How do I create a proxy invoice?

2024-07-31 10:15:13

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And it takes even a deeper level of understanding to keep buying or buy for your first time at these levels because it's still early. Bitcoin's industrial use cases are not priced in. They might be to a certain extent by bitcoiners, but not by the rest of the world. I forget who said it, but it will get to the point that bitcoin's intra-day movements will be in the $60k range and we won't even notice.

2024-07-31 07:47:20

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When will Authy stop working on GrapheneOS?

2024-07-30 17:22:26

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Just make sure you keep some always ready to spend. As bitcoiners we have a responsibility to "spend some" if we really want to incentivize bitcoinization. It won't happen if we all just hodl.

2024-07-29 09:37:25

Some highlights of how the US would look like under Trump, as it relates to bitcoin and digital assets:
- Create a “strategic national bitcoin stockpile” for the US: Not really “creating” one, rather keeping what they have confiscated; but it’s another step in the right direction. Every single country on Earth should have bitcoin as part of their reserves.
- Prevent the creation of a Central Bank Digital Currency (“CBDC”): As much as I like this and believe CBDCs are the worst thing, it will only be a matter of time before the US gives in.
- Support the right to self-custody: The majority of people are not even aware what this means and it’s one of the most important things. Hopefully, this will shed some light on its importance.
- Fire current SEC Chair Gensler: It’s needed for the sake of the US not falling behind on bitcoin and digital asset adoption.
- Form a crypto industry presidential advisory council: Great as long as the bitcoiners do a good job and doesn’t become a s#!tcoin advisory council.
- Regulate bitcoin and digital assets by people who understand them: Very happy to hear this and I hope that they realize that they can’t apply analog laws to a digital world.
- America to become the undisputed bitcoin mining powerhouse: Great for energy efficiency.
I will believe all of this when I see it.

2024-07-22 10:53:56

This is a great write-up by @npub1a2c…w83a
https://www.lynalden.com/the-power-of-nostr/

2024-07-22 06:47:42

Reading the GOP’s 2024 Platform as it relates to bitcoin and crypto:
“Republicans will end Democrats' unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control.”
It’s great to read this, but there is a slight oxymoron with one of their promises:
#13.: Keep the US Dollar as the world’s reserve currency.
Source: https://www.presidency.ucsb.edu/documents/2024-republican-party-platform
Bitcoin is the best way to transact and to protect purchasing power over time. Let’s see how this develops.

2024-07-21 13:49:10

The urge to drink on a Sunday and rebalance channels

2024-07-20 18:51:38

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Well said bro

2024-07-19 18:26:26

This could possibly be the best news (since CBDCs would be the end of financial privacy, not to mention CTRL + D kind of money) and yet Bloomberg finds a way to put a negative spin to it.
Trump’s Disdain for Digital Dollar Risks ‘Cold War Era’ in Money https://www.bloomberg.com/news/articles/2024-07-19/trump-s-disdain-for-digital-dollar-risks-cold-war-era-in-money

2024-07-19 13:21:07

Thinking about the recent Microsoft outage. What would happen if for one hour, Google Workspaces, AWS and Microsoft Azure went offline?
Centralization of digital services will only keep consolidating more, leading to worse outcomes in the future.

2024-07-18 19:55:07

Not your keys, not your coins.
Not your server, not your data.
Self-host.
@npub126n…e9ll

2024-07-16 16:13:41

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Or buy a server from @npub126n…e9ll, download FreeGPT and keep everything within your control.

2024-07-16 08:04:46

All he did was take his time to study bitcoin and understand its value instead of just sticking with the "it's used by criminals and money launderers" rhetoric.
Any fiat currency can be used for good or for bad, just like bitcoin and other cryptocurrencies. The difference is that bitcoin runs on a public, shared ledger where all transactions can be seen by anybody; a suitcase full of cash is not reported in a public, shared ledger.
https://www.youtube.com/watch?v=K4ciiDyUvUo

2024-07-15 08:42:23

In the past, a well diversified portfolio was considered to be around 60% equity and 40% fixed income. Time has shown that this has not really been the best allocation as there is a missing component of alternative investments.
Today, a well diversified portfolio must also include bitcoin as a hedge to fiat exposure and its continuing debasement. A “rule of thumb” should be to have enough exposure to bitcoin that when the fiat-based portion eventually loses its value, the bitcoin allocation will make up for that and more.
Also, here is another version of a well diversified portfolio, highly recommend:
https://image.nostr.build/82ce54eacda438c456fcbcca8cc6431e2c67da3d92eb1b606546cef61bca5b16.jpg

2024-07-13 10:15:41

Another one for the list, @npub1mzn…6mak
AT&T Hack Undermines US National Security, Experts Say https://www.bloomberg.com/news/articles/2024-07-12/at-t-hack-undermines-us-national-security-experts-say

2024-07-12 21:03:50

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As a proud Salvadoran, it's wild that this is a reality. "3rd world country" > "1st world country"

2024-07-10 12:26:10

I truly believe that the traditional financial world has slowly been moving from a T+3 settlement window to a T+1 (with some exceptions) to get as close to cryptocurrency settlement speeds as possible. Ironically, the only way they will get to T+0 is by adopting some form of blockchain, hopefully they understand that the answer to this is Bitcoin + Lightning Network.
It would be pretty nice to say that the settlement window is B+LN instead of T+1.
https://www.bloomberg.com/news/articles/2024-07-10/europe-could-follow-us-move-to-t-1-in-late-2027-officials-say

2024-07-06 19:30:29

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If your seed is next to your hardware you should not exist.

2024-07-05 11:55:42

Coincidence of Wants vs Coincidence of Banks
In the past, people would exchange one good for another, such as wheat for salt. The problem with this extremely siloed transaction was that both parties had to run into the coincidence that they both needed what the other had at that precise moment in time. No intermediaries and no delays, it was an analog peer-to-peer transaction where commodities were the ultimate form of money.
Money has improved since then in terms of how it’s transacted and how it moves, but it’s not even close to what it could be. Today, in order for money to move faster and more efficiently, financial institutions come together to credit and debit money for their clients. The best coincidence to move money is when both parties work with the same bank. This however is not the norm, leading to intermediation, higher costs, delays and plenty of other inefficiencies that we all have come to accept as normal.
By leveraging the Bitcoin and Lightning Network protocols, institutions can remove these inefficiencies and transform the coincidence into certainty. An institution in Europe denominated in Euros would be able to interact with an institution in Latin America denominated in Pesos as if they were one and the same. Their end users would retain the traditional fiat experience they are used to but would benefit from a better, cheaper and instant service. Finally, credit risk would be removed from the system as every transaction would be sent and settled simultaneously and instantly.

2024-07-05 11:52:47

Opt out, take control and manage your own, private and personal cloud. Use a server from @npub126n…e9ll
Use discount code "MYDATA" for 5% off.
#note1dh4…w7lh

2024-07-01 23:49:39

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Thanks for the explanation

2024-07-01 22:52:13

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Is this different from Mullvad?

2024-07-01 18:07:33

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Order submitted, LFG!
@npub1xnf…lpr5 is an amazing project.

2024-06-28 00:02:29

@npub1key…lt3h feels like home. Thank you for existing.

2024-06-27 13:55:12

Anybody knows the Amethyst nostr relay address?

2024-06-27 13:37:02

Fake News on the End of The Petrodollar System?
There has been some news that the 1974 petrodollar system, or as officially known “The U.S. - Saudi Arabia Joint Commission on Economic Cooperation” has come to an end.
As a quick recap: The petrodollar system is a mutually beneficial agreement between the US and Saudi Arabia, where the US agreed to provide military aid and protection and in exchange, Saudi Arabia would sell its barrels of oil in US dollars and invest all of that money into US government bonds. It has not confirmed if the agreement actually ended or not or if it’s somewhere in between. Below are some important highlights:
- Nixon removed the dollar’s convertibility to gold in 1971. The US supported Israel in the Yom Kipur War of 1973 and then experienced an oil embargo which put it into a dark economical path. With the US dollar’s future at risk, the smart decision was to make a somewhat behind the scenes deal to ensure that the commodity that economies needed to grow and develop (oil) was priced in US dollars.
- According to the US Treasury data, Saudi Arabia is the 17th largest holder of US Treasuries, although some sources say that this could be much more. They might not have the incentive to move away so abruptly from the US dollar as doing so would only hurt their sovereign reserves.
- Their purchases of US Treasuries were also made via add-on auctions, which are excluded from official auction totals. It took the The Freedom-of-Information Act in 2016 to get the Treasury department to disclose Saudi Arabia’s holdings.
- The Saudi Arabian Riyal is pegged to the US dollar. Picking a fight with the US dollar might only hurt them more.
- The petrodollar agreement has no stated end date, rather it would remain in effect for 5 years (starting in June 1974) and renewed by mutual agreement and could be terminated by either government with 180 day written notice. No official written notice has surfaced, yet.
- Saudi Arabia was invited to join BRICS, but this still has not been confirmed. If they do, it could be another step to reduce their reliance on the US and its currency; TBD.
The petrodollar system is what made the US dollar the global reserve currency and ending it could potentially affect its value over time. It went from being backed by gold to nothing, to a proxy-backing by oil and a money printer.

2024-06-27 00:23:43

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"You can't bomb countries into freedom"
- Faisal All Mutar

2024-06-24 15:07:04

It's not only the financial sector embracing bitcoin, but also telecom. Slowly, institutions are realizing that bitcoin is here to stay and it's better to embrace it now than when it becomes too late. Same thought goes for any investor considering adding bitcoin as part of a well diversified portfolio.
https://watcher.guru/news/t-mobile-parent-company-deutsche-telekom-to-mine-bitcoin

2024-06-23 22:30:41

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Been playing around with it as well; I like it but the atomic swaps end up being a bit expensive.

2024-06-19 21:05:05

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Cats were the least of our worries: https://www.cnn.com/2014/11/30/travel/emotional-support-pig-booted-flight/index.html

2024-06-14 18:23:58

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One of the worst things that can happen. This will unleash a series of consequences that we can't even imagine now. By the time we come to realize what has happened it will be too late.
The solution is simple, use @npub1235…0ht5 and run your own @npub126n…e9ll server.

2024-06-12 18:42:33

A Reminder Why You Must Hedge Fiat Exposure
I try to watch this video at least once a year to remind me how money printing works and why it will never stop. Bitcoin is a way to protect against money printing which translates to our money being worth less until it eventually is worth nothing.
It’s 30 minutes of your time, narrated by a very smart and successful individual, which will put things into perspective very quickly:
https://youtu.be/PHe0bXAIuk0?si=EUq9X5tqO5fGO56y

2024-06-10 00:12:42

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This is great, thanks for putting it into perspective. What was the math used to get to that debased number?

2024-06-10 00:09:35

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Things are changing finally. You can now have your own server, your very own private cloud hosting almost all of your digital life, controlled, accessed, modified only by you. This is possible thanks to the amazing effort being done by the team at @npub126n…e9ll

2024-06-07 23:50:11

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Where can I buy this?

2024-06-04 11:37:55

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@npub126n…e9ll 's documentation on their website is the way to go. If you get stuck, their Telegram channel has possibly the best customer support I've ever experienced. Feel free to DM me if you have any other questions.

2024-06-01 01:46:05

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Bitcoin

2024-05-19 00:34:37

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Best decision ever

2024-05-13 19:33:25

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Looks like you're getting accelerated

2024-05-12 14:25:09

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Yes, @npub126n…e9ll is doing amazing things with their private servers allowing anybody, no matter if you don't have a technical background (like myself) to greatly reduce your dependancy on BigTech

2024-05-07 15:22:02

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I've been using Pop_OS! (from System76), but I flashed it into a Asus computer. Didn't hear good things about System76 hardware.
It's works great, minus a flew glitches here and there, but nothing major. I also had never used a Linux distro before and his has been my first experience with it and can't complain.

2024-05-05 14:59:02

Use a personal server from @npub126n…e9ll to manage your own private cloud, password keeper, Bitcoin & Lightning nodes, Nostr relay and more. (Use code MYDATA for 5% off).
Use @npub1235…0ht5, a privacy and security-focused OS for your favorite Android device.
Use your favorite Linux distro for your computer.
SELF RELIANCE IS TRUE FREEDOM.
#note1awa…rgtr

2024-05-04 11:50:51

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Sent

2024-04-29 12:58:39

Really enjoyed the podcast with Blockfuel Group where we discussed Bitcoin's industrial use cases and how it's being leveraged in Latin America to bring Bitcoin closer to institutional adoption for real-world, business purposes.
https://twitter.com/Block_Fuel/status/1783946452630479345

2024-04-24 23:25:48

Teach 'em young:
https://image.nostr.build/8fb773a2b68eeab7c4693424d3ac1afde7aab4d00501823ef2b84dbb82d18bfd.jpg

2024-04-22 21:18:13

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I feel the same way. SimpleX would be the way to go, but almost nobody has it.

2024-04-17 10:21:19

Hanging out with Solana @npub1sg6…f63m down in Rio 🤣 🤣 🤣
https://m.primal.net/HwCS.jpg

2024-04-01 19:21:08

Einstein and Bitcoin
At some point in our lives we have all come across Einstein’s famous energy-mass equivalence equation or, E=mc2. This simple, yet very powerful equation states that energy and mass are one and the same. We experience this formula everyday of our lives from the moment we use a GPS to help us navigate, to the sunlight that we receive from our own Sun. Without us being aware, this equation is embedded in our daily lives and it’s not necessary for us to know or care about, although learning about it can be out of curiosity but not necessity.
The great majority of the world is still unaware of the positive implications that bitcoin is bringing to several aspects of our daily lives; predominantly the financial aspects. We live in a world where fiat currencies (USD, EUR, GBP, JPY, etc.) are being printed without limits, causing all kinds of havoc to our purchasing power across time (i.e. it will require more dollars in the future to buy the same bottle of CocaCola today.) I do see a future where currencies will be priced off bitcoin, which will allow the citizens of all countries to transact with their own currencies in a much cheaper, faster, open and less intermediated manner. This will be possible due to the fact that all currencies will “speak bitcoin,” but no person will really have to hold onto bitcoin if they don’t want to or even know about it. The infrastructure to this system is already in the process of being tested in the Global South and will slowly grow from there.
Fiat currencies have an infinite supply, whereas there will only ever be 21,000,000 bitcoin in circulation. The very simple, yet powerful formula of ∞/21,000,000 (infinity divided by 21,000,000) demonstrates a path of where bitcoin price can go. What happens to bitcoin’s price when you divide large amounts of fiat (or infinite amounts) by 21,000,000 bitcoin? It can only trend up. While there are still several challenges in the road to fiat currencies “speaking bitcoin,” its protection against debasement and severe inflation has already been proven in currencies like the Argentine and Cuban Pesos, Egyptian Pounds and others.
∞/21,000,000 will become as powerful as E=mc2, it will just take more time and when it happens, not that many will really know or care about it, except those that bought bitcoin in anticipation to this.

2024-03-21 21:01:21

You can buy BTC on Coinbase (full KYC) for $65,956 or through RoboSats (non-KYC) for $66,495. The difference is 0.81%.
It's a 0.81% premium to retain your anonymity. Yes, please.

2024-03-21 02:08:39

Won't regret, very happy with mine
#nevent1q…w386

2024-03-20 15:23:08

Bitcoin for Generational Preservation
It is hard to believe that bitcoin can be a hedge against currency devaluations and inflation due to its volatility, but if you zoom out enough and ignore the short term noise, the story is quite different. I admit that I also did not believe that bitcoin could protect purchasing power over time, but I was convinced otherwise by looking at the unfortunate economic circumstances that countries like Argentina, Cuba, Nigeria, Egypt and Ukraine have faced. These countries have all experienced massive currency devaluations over time for various reasons and they have all had the same outcome on their populations: pushing more and more into poverty. This not only affects the current generation, but also further sets back the next generation in terms of their development. Continuing this train of thought, that means the these countries are then in a worse position to compete on the global scale and are doomed to be under the control of the developed world.
Take a look at the attached 5-year graphs that show how much bitcoin has appreciated relative to the following currencies:
Argentine Peso: +30,651%
Cuban Peso: +37,401%
Nigerian Naira: +6,309%
Egyptian Pound: +4,128%
Ukrainian Hryvnia: +2,137%
For reference, bitcoin priced in USD over 5 years has strengthened +1,457%
Said another way, this means that you need less and less bitcoin to acquire the same amount of that specific currency. As currencies get debased by their own central governments and external forces, bitcoin becomes more valuable in local terms. Bitcoin is a beacon of hope and a lifeboat for the populations of these countries that experience such high rates of devaluation over time; its one of the very few ways they can protect their purchasing power to ensure a better quality of life for the next generations. [This last sentence also applies to the developed world, over time]
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2024-03-16 03:12:21

God's work, well done
#nevent1q…hape

2024-03-12 02:52:02

Correct. Bitcoin wins when nobody knows its being used
#nevent1q…a9cc

2024-03-06 23:04:00

👀 @npub1a2c…w83a
#nevent1q…2e5r

2024-03-06 21:19:29

LinkedIn is currently down form whatever reason. What would need to happen for nostr to be down?

2024-03-06 18:34:46

Thrilled to share my newest IBEX Podcast!
In this engaging discussion, I talk about the established corridors of traditional finance to the cutting-edge frontier of Bitcoin. We explore Bitcoin's distinctive features, such as its limited supply and status as digital gold, highlighting its viability as both a store of value and an inflation safeguard. I also articulate my enthusiasm for how Bitcoin can transform financial transactions to be more efficient, affordable, and accessible, particularly benefiting emerging markets.
This episode is essential listening for those intrigued by the future of finance, Bitcoin's game-changing role, and the synergy between traditional and digital financial innovation.
Dive in to explore the infinite possibilities that the fusion of finance and technology heralds for our global future.
#Bitcoin #DigitalFinance #WealthManagement #FinancialInnovation #IBEXPodcast
🔗 Youtube: https://lnkd.in/ekwGA3bR
🔗 Spotify: https://lnkd.in/eNuCmXvV

2024-03-06 15:29:42

Bitcoin as an inflation hedge working in real time as Egypt had to devalue its currency once again. BTC rose 65% TODAY, priced in Egyptian pounds:
https://image.nostr.build/7f48fc92a19fa274d819c1352cb3fdade4da49f6910762036cec7e332b857333.png

2024-02-29 23:17:04

The Two Sides of Bitcoin
Throughout its life, bitcoin’s value has reflected its economic properties which are indisputably great, but I believe that this is only half the story. Bitcoin has several industrial uses cases that few people are aware of and that few companies are leveraging. The following are some examples of the two sides from where bitcoin gets its value:
Economic Properties
It is scarce: There will only ever be 21 million bitcoin issued and no more. While this is not all that’s needed to make something valuable, it’s a key property for hard money.
It can be broken down into smaller pieces: Bitcoin can be owned as one whole coin or divisible to eight decimals (0.00000001). This allows for transactions of all sizes to take place.
It can be taken with you: One can easily take bitcoin across a border or across the street in a digital or hardware wallet or even carry bitcoin in your head just by memorizing a sequence of words. It is much harder to do the same with gold bars.
It cannot be counterfeited: Bitcoin moves on the Bitcoin blockchain, which has proven to be the most secure blockchain in existence, making it nearly impossible for someone to send counterfeited bitcoin. Unfortunately the same cannot be said about gold and fiat currencies.
It can protect purchasing power over time: Even though bitcoin has had its volatile past, with a long enough time horizon, it will most likely hold its purchasing power relative to other goods while fiat currencies will lose their value under the weight of their indebtedness. If in doubt, just take a look at what bitcoin has done when priced in highly devalued currencies such as Egyptian Pounds, Argentine Peso, Ukrainian Hryvnia and Nigerian Naira.
Industrial Use Cases
The Bitcoin blockchain offers the ability for two parties to send bitcoin back and forth albeit at slower speeds; this is by design as the Bitcoin blockchain is the most secure blockchain in existence. It is the base layer where other second layers are built on that solve for speed and other very innovative solutions. There are many examples of industrial use cases and below I highlight some that I believe to be solid drivers that will unlock even more value to the Bitcoin blockchain and thus its price:
Fiat over Lightning Network: A second layer built on top of the Bitcoin blockchain, the Lightning Network makes bitcoin transactions instant, no matter if the parties are next to each other or oceans away. By leveraging this network, two parties can transact using their own currencies, resulting in foreign exchange rates that could potentially be better than the rates offered by traditional financial rails; it is also faster and less bureaucratic. This would allow a business to pay for its raw materials by using its own currency while the foreign supplier would get paid in their own currency. No need to go through various currency conversions which end up being costly and time consuming.
Tokenization over Liquid Network: Another second layer on the Bitcoin blockchain, it can be used to issue and list digital assets. By leveraging this technology, a business can tap into markets that were out of its reach in the traditional system to either sell its goods or raise funds. A real estate developer can issue digital tokens to either raise funds for a new development or sell the digital ownership of its properties.
Miniscript for Institutional Custody: As bitcoin gains more institutional adoption, either for ETFs as we have recently witnessed or for any other use case, centralized custodians will have to improve their custodial practices as they now own more bitcoin with an ever-increasing price. Through a Bitcoin language called Miniscript, the custodial model is switched from bitcoin “lost forever” to “bitcoin recovered at a later time.” This is a setup whereby a large bitcoin custodian can have insurance that if they were to lose the keys to their bitcoin, the protocol itself would return that bitcoin at a predefined time in the future. This offers an extra layer of security to institutions that hold third-party funds, giving an extra piece of mind to end users and helping the bitcoin adoption.
Industrial uses cases do take more time to implement, but when they happen, they will truly unlock more value to bitcoin that has never been priced in before. I foresee the same price action repeating when this happens as to when the ETFs were launched and caused the massive bitcoin rally.

2024-02-18 20:48:56

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Self reliance is true freedom

2024-02-17 18:37:39

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Infinity/21M = fiat/Lightning.
I forsee a gradual transition of moving fiat currencies over LN (currently in development). End users won't even realize this, it will just be a more efficient and cheap mechanism to move money. Then a more permanent transition where offramping to fiat won't be necessary and sats are the preferred method of exchange.

2024-02-07 22:18:56

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Unfortunately the only solution (I can think of) at that point is to sell it all back through that same exchange and then rebuy via non-KYC, such as Bisq or Robosats.

2024-02-07 17:13:53

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End of financial privacy for the general, non-bitcoin population.
Ctrl + D money