Cipherhoodlum

Public Key

npub1u2nymn0799wr6d6v8vzde00m02q5fznnmvzcmdavl5yjndjtwwtqu5uzde

NIP-57 Address

fasthound10@primal.net

Profile Code

nprofile1qqsw9fjdehlzjhpaxaxrkpxuhhah4q2y3feakpvdk7k06zffke9h89s3krmuk

Author Public Key

npub1u2nymn0799wr6d6v8vzde00m02q5fznnmvzcmdavl5yjndjtwwtqu5uzde

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Last Notes

2025-04-06 19:39:54

1 BTC = 0.5 BTC ?

2025-04-04 17:26:06

Bitcoin Bull Run - In the air tonight
https://m.primal.net/QEKL.jpg

2025-03-23 19:42:19

The post shows Hal was more liberal in his view, allowing for a range of banking models to develop on top of Bitcoin. He envisioned a system where both fractional reserve and fully backed banks could operate competitively, with users free to choose the level of risk they accept. This aligns with the principles of a free market, where outcomes are determined by voluntary participation rather than imposed restrictions.
Bitcoin was designed to remove the need for trust in third parties, not to dictate how others must use it. If individuals choose to place their coins with a custodian, whether fractional or full reserve, that is their decision. The protocol does not enforce behavior. It simply provides a sound monetary base that cannot be inflated or censored.
Ultimately, those who do not trust banks have the ability to hold their own keys and verify every transaction independently. That is the power of Bitcoin.
https://m.primal.net/PqeG.jpg

2025-03-20 19:10:00

On Stablecoins and System Integrity
There has been increasing discussion around the utility of dollar-backed stablecoins within decentralized systems. While these instruments are marketed as a means to facilitate adoption and bridge to legacy finance, they introduce several structural issues that compromise the foundational principles of peer-to-peer electronic cash.
First, stablecoins rely on centralized custodians. This is fundamentally at odds with a trust minimized system. Any asset that can be frozen or reversed by a third party is subject to the same limitations as traditional banking. It inherits the risks of regulatory capture, counterparty failure, and censorship, nullifying the advantages of decentralized networks.
Second, pegging value to fiat currencies such as the US dollar effectively ties the system back to inflationary monetary policies. One of the primary motivations for Bitcoin was to create a currency with predictable issuance and resistance to arbitrary monetary expansion. Stablecoins maintain dependency on fiat, and therefore, do not solve the problem. They recreate it on a new platform.
Third, widespread reliance on stablecoins introduces systemic risk. If a significant portion of activity is denominated in assets that require off-chain guarantees, any failure of the issuer could result in loss of funds or network disruption. These are single points of failure, which decentralized systems aim to eliminate.
Ultimately, stablecoins do not reduce trust! They shift it from governments to corporations. In practice, this can lead to greater surveillance and control over user funds, particularly when used at scale.
The goal should not be to replicate the legacy financial system with new tools, but to create an alternative that is inherently resistant to control, self-sovereign, and secure by design. Stability may be desirable, but it should not come at the cost of decentralization.
Systems that rely on trust will always be vulnerable. Decentralization only works when trust is minimized through code, not reintroduced through custodians.

2025-03-17 21:14:54

To: Whale that shorted Bitcoin
Congratulations on Your Efficient Financial Self-Harm
https://m.primal.net/PjWy.jpg

2025-03-08 19:19:44

https://m.primal.net/PYgE.jpg

2025-03-05 10:37:28

What are the best free of charge pools for bitaxe (non lightning)?

2025-02-12 19:00:44

Bitcoin epoch 5 - Enjoy the ride
Follow me
https://m.primal.net/OcrG.mov

2025-02-09 22:03:42

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El Salvador actually has some notable caves. Cueva del Espíritu Santo in Morazán has ancient rock art, Cueva de los Fierros is in the Tecapa volcanic region, and Cueva del Ermitaño near La Libertad is locally significant. While it lacks major limestone caves, volcanic caves and rock shelters do exist.
👊

2025-02-09 16:00:37

Bitcoin Epochs Explained
https://m.primal.net/OYBt.jpg

2025-02-09 08:16:20

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Seems you use the AirPods regularly! Is Apple with us in the room today? How do you feel?

2025-02-02 22:01:29

MicroStrategy Isn’t Just A Giant Bitcoin Bet–It’s A Revolution In Corporate Finance
Most people dismiss billionaire Michael Saylor’s publicly traded MicroStrategy as a giant, risky bet on bitcoin. A closer look reveals a masterwork that’s a blueprint for manipulating traditional finance to harness the pixie dust fueling crypto mania.
Read more: http://on.forbes.com/6187xgq5v

2025-02-02 21:56:08

Bitcoin Security
Today’s data does NOT prove Bitcoin’s security model is failing. It only reflects a temporary dip in on-chain activity.
The real test is whether long-term trends in adoption and Layer 2 settlements drive fee pressure up before the subsidy runs out.
Thoughts?

2025-02-02 21:05:38

Mood
https://youtu.be/3V6rjyL_63U?si=Z_b4e1gilooMiuf-

2025-02-02 20:32:21

Buy cheap Bitcoin!
„Can I get a wittness“

2025-02-02 19:57:30

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Any caves for @npub1ej4…ndrm in El Salvador?

2025-02-02 19:55:48

@npub1s5y…6q7z @npub1tcc…e6fh it seems that Tariffs aren’t just trade tools … they’re part of a broader strategy to weaken the dollar, lower U.S. interest rates, and drive capital into hard assets. As global currencies debase, Bitcoin benefits. The tariff war accelerates Bitcoin adoption … higher, faster, and more violently than most expect.
https://m.primal.net/ONNy.jpg

2025-02-02 16:48:11

Me dealing with shitcoiners on #Nostr!
Better buy #Bitcoin 🔥
https://m.primal.net/ONBj.mov

2025-02-02 14:30:30

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Coincard price increase for US customers likely?

2025-02-02 14:27:41

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My own wallet is my only hero. 🤭

2025-02-02 14:26:56

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Yes, corporations are now moving production and supply chains to lower tariff regions. Game theory at play. US unfortunately just created more enemies and accelrated the trade war.

2025-02-02 14:24:28

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Thats a lot of sats. Whau

2025-02-02 14:23:17

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Post more news or become facebook

2025-02-02 14:22:18

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Low zap receiver here 😂

2025-02-02 14:21:37

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No incentives to do so
What are you suggesting orange check?

2025-02-02 14:20:01

#Tariffs : You Pay, They Gain, We All Lose
Tariffs always sound good at first. “We’re protecting American jobs! We’re standing up to foreign competition! We’re making other countries pay!” But here’s the truth: tariffs aren’t paid by foreign governments. They’re paid by businesses and consumers—by us.
Now, the U.S. is hitting China, Canada, and Mexico with new tariffs. Canada immediately slapped 25% tariffs on American goods. Mexico is getting ready to respond. China is going to the WTO and will likely retaliate. And what does that mean? Higher costs for companies, higher prices for consumers, and more headaches for anyone who relies on global supply chains (which, these days, is almost everyone).
The last time the U.S. went down this road, it didn’t end well. Trump’s first-term tariffs disrupted manufacturing, forced companies to pay more for raw materials, and didn’t bring back the jobs he promised. Farmers had to be bailed out. Prices went up for everything from washing machines to cars. And yet, here we are again.
Tariffs aren’t some magic weapon against foreign economies. They’re just a tax… one that makes it more expensive to do business, more expensive to buy goods, and harder for American companies to compete globally. They create inefficiencies, protect outdated industries, and ultimately slow down economic growth.
If the goal is to make the U.S. more competitive, there are better ways to do it. Invest in innovation. Improve infrastructure. Reduce unnecessary regulations. Encourage entrepreneurship. Let businesses grow through competition, not by putting up artificial barriers that make everything more expensive.
History is full of examples of what happens when countries turn to protectionism. It doesn’t end with a stronger economy—it ends with stagnation and decline. If we really want to “win,” we should be focusing on making American businesses more competitive worldwide, not making life more expensive at home.
@joeroganhq @elonmusk @POTUS

2025-01-31 21:21:12

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21bitcoin 😜

2025-01-27 20:00:31

Keep Stacking Bitcoin
https://m.primal.net/ODLF.jpg

2025-01-26 19:46:17

Can someone please send me 1-2 sats. Wanna test my lightning wallet.
🫶

2025-01-25 22:12:13

Be the director of your own life

2025-01-25 22:10:54

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If a hot man messages you about #Bitcoin , dont ignore her

2025-01-25 21:54:59

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Most wanted - DYI stupid face remover

2025-01-25 21:54:06

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Naaaah

2025-01-25 21:50:06

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Sure—robots have already passed their “Roomba moment” in specialized areas like warehouses and agriculture. For example, Amazon’s Kiva robots efficiently move goods in warehouses, and farming robots handle tasks like planting and harvesting. These environments are controlled, so robots can outperform humans there.
The difference is that consumer tasks like vacuuming happen in messy, unpredictable environments, which are much harder to automate. So while robotics has nailed it in specialized settings, the real test is when they can handle the chaos of everyday life, like a cluttered living room.

2025-01-25 21:36:09

1 Shitcoin <> 1 Shitcoin

2025-01-25 21:31:41

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Nope

2025-01-25 21:17:06

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Yeah, governments spend like drunken sailors as its not their money.

2025-01-25 18:37:35

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Bitcoin as digital cash faces still lots of challenges… @npub1sg6…f63m thinks digital gold is not enough. I like the positive spirit

2025-01-25 18:22:32