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10 sats \ 1 reply \ @Coinosphere 27 Sep 2024 \ on: Have you traveled with bitcoin? Travel
I took a ledger with all my savings to date with me from the US to Bangkok years ago (2013) when there wasn't a Thai bitcoin scene yet. No lightning network either, but on-chain spending was instant still.
I just kept it in my pocket, so TSA likely thought it was a USB drive. I knew that if they stole it, the PW would protect those coins and I'd always have my seed phrase backed up at home.
I looked for places to spend it there but didn't get a chance except for a cell phone minutes refill, which I did online and worked instantly. I think I spent like half a bitcoin on that, lol... But it wasn't expensive at the time.
Today I have a totally different security set up and would never travel with that much of my portfolio, unless I'm fleeing this country like we'll all have to do if the commies win in november...
Commies actually despise freedom. DESPISE it. They would, in fact, kill you to stop freedom. They'd kill everyone, even half the world's population, who appreciates freedom if they could.
Thankfully they're too stupid to learn how to use a gun.
Whew... We really dodged a bullet there.
The name for this is Schadenfreude, which translates to "Harm joy."
Kids as young as 2 years old experience it, and one of the main causes of it is our sense of Justice. We like to see someone who is acting like an idiot fall and bonk their heads or something... But historically we used to draw the line at laughing at someone who is getting more harm than he/she deserved. Over time the line has clearly moved.
It's fun imaging what Earth's ring looked like, but dadburnit, you know some climate kook is going to take this finding as evidence that it's time to start blocking out the sunlight around the equator to fight global warming...
Over time it takes on more of those attributes as it gets adopted.
- It started as just a digital property, like online beanie babies.
- Soon we found that monetarily worthwhile, so began trading it for fiat. (Securitized)
- Then it became apparent that we could use it as a Store of Value.
- As we become bitcoin rich, we spend some, making it a Method of Exchange.
- And one day, when most everyone is spending it, we'll all price our good in it, using it as a Unit of Account.
Clearly we are working on Method of Exchange still, and as Layer2 payment rails are perfected we'll get the rest of the world jumping on board easily. Right now it's not so easy. I'd say another 10 years before it's an actual Unit of Account anywhere. Maybe 20 years before it's a Unit of Account (and the world's reserve currency) everywhere.
It's just insane that the fortune 500 haven't all started following his strategy yet. Do they all want to be out of business in 5 years?
This is 100% a question of how much freedom you need in your lifestyle. It doesn't matter if you own $10 worth of BTC or $10 Billion worth of BTC, it's what you show to others that determines the level of freedom you personally experience.
If my current & future stack grows in value to become worth billions I believe I may start spending more than I do now, but no amount of wealth will make me wear gold chains & gucci products, live in a mansion, or drive a lambo around. Those items are like walking around with a billboard above your head screaming "Rob me." They REQUIRE more security in your day-to-day life.
If you want to live like that, you need bodyguards with guns, plain & simple. And who wants to live like that? Not even royalty. They hate the lack of freedom that requires of them. I certainly would too.
So find your chosen level of comfort and prepare the necessary security to maintain that lifestyle safely. Some people are happy being comfortable living in the same house they grew up in until they die. Others need their own jet plane to hit the ski slopes when they get the itch. You do you, just learn to accept that the latter requires guns & thugs to be safe, while the former makes you no more a target than you are now.
I walk to walmart often. Its parking lot is like 12 steps from my apartment's side door. ;)
Bet I can carry more groceries home than you!
I saw a few including Woods and Jeffrey Tucker go down the cRyPt0 road, most with Bcash, and it has made them gunshy about bitcoin.
In fact I think some of those old guard libertarians are still bcashers today. Just sad.
THIS is the thing that cryptocurrencies are doing to harm Bitcoin.
DERE TAKIN OUR JERBS!!!
With the cheapness of little remote IP cameras these days (Sub $5 now with wifi nic) you'd think it would just be easier to build into shelves a couple or 5 cameras on each aisle that can look at the stock on the facing aisle constantly. They could double as security cams too.
There are two major problems with a gold-backed BRICST+ currency:
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Sharing a currency takes trust. Countries like Russia, China, and India absolutely LOATHE one another and take every chance they can to 1-up each other or screw each other over on the bargaining table. The trust has never been there and I don't see how it can appear.
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For such a currency to be an alternative to the dollar there simply isn't enough gold in existence, not at any sane price. Think about how many people would need to use it... More than half the world live in those countries! Maybe if the price of gold rises to $1m per ounce, there'd be enough to back that many bricbux but as soon as the price starts rising there would be supply shocks and other countries piling in, etc, and it'll simply be too hard for them to get the backing they need for all those backed notes.
So if it ever does happen, I'm guessing they'll just claim they have gold they do not and it'll be just another fiat currency, backed in name only.
Thanks! Beleive it or not, that's not a website, per se. It's a Nostr feed that I'm using as a website.
NpubPro still has come kinks to work out and formatting to make nicer, but it's censorship proof and beats the hell out of paying for a server!
Thanks for reading.
The borg is literally the most communistic race in all sci-fi history. Marx would have fainted at their mere description, much less seeing them in action.
I'll be writing a series of sci-fi fanfic (next up likely Star Wars) all with the express purpose of illustrating what a society could look like without rulers. Pretty much everyone I talk to thought that that means chaos, and couldn't imagine it so I'm drawing as detailed a picture as I can and getting it out to as many as I can.
Texas, Oklahoma, and 2 others I can't remember right now (5 in total) are all in on this.
This is happening. 5 out of 50 is 10% of the country... Hard to ignore that kind of pressure. And surely more will jump onboard when the news of these 5 gets out.
Our problem is that mainstream news is something like 99% funded by big pharma these days... That's the very very very last news they'd report on for obvious reasons.
We need people like Elon and Rogan to relentlessly spam this out so that no one can miss it.
If they won't let me look inside Fort Knox, then how am I supposed to believe there's any gold there?
Hitchiker's Guide to the Galaxy... I read the first 4 of them at least 3 times each. Maybe 4. They were fun as a f*ck. The 5th book I only read twice. Not as fun. (But mostly harmless.)
Ringworld: twice
Evolution by Stephen Baxter: twice
Some star wars & star trek novels likely got read twice too.
Guess I'm officially a Sci-fi nerd.
Strict P2P has a severe flaw for content sharing: Findability.
It's great for apps where every node keeps an identical data set (blockchain) but it sucks when everyone keeps their own favorite content. Your peer finding what you want to find is like winning the lotto in those circumstances.
Client-server is ideal for Nostr.