0 sats \ 2 replies \ @HYPERBITCOINZATION OP 27 Sep 2023 \ parent \ on: New Bitcoin social app Agora just launched bitcoin
Lightning should be used for payments, not identity. Use an anon email if you want to stay anonymous.
46 sats \ 0 replies \ @HYPERBITCOINZATION 20 Aug 2023 \ parent \ on: Weekend Book Recommendations meta
A chill weekend read... that's my bedtime story actually
We don't need to cancel Panties for Bitcoin—I think it serves a niche that likes and purchases the products they create. Rather than take something down, we can be constructive in our approach and develop new institutions to help with this mission.
You might be unaware that there are plenty of women in Bitcoin already. Elizabeth Stark is CEO of Lightning Labs and is a shining star and example of great women leadership in Bitcoin. Valentine Wallace runs LDK, and she's another great example of women's leadership in Bitcoin. Gloria Zhao is doing incredible work as well. There are tons more that I'm missing too.
There are plenty of women in Bitcoin, you just need to know where to look. The Bitcoin community is not a community that rewards you simply because you're a woman. However, we're also not a community that will reject you because you're a woman. We try to be neutral and objective, just like Bitcoin itself.
We only have the present moment.
Hope is as shallow as fear.
To hope and speculate is the same as live in anxiety and dread—at the end of the day it's all just illusion.
Exit the matrix and live in the present. See nostr for what it is, and the be co-creator to develop it into what you envision it to be.
Bitcoin mining should be subsidized by government expenditure rather than be treated like a shitty growth stock on the public markets.
A decentralized network of non-profit NGOs whose sole goal is catalyze Bitcoin adoption! I love it! We can take the tricks that the fiat deep state perfected and use them for freedom rather than slavery.
A well-funded organization creating region-specific culture-specfic marketing to sell Bitcoin would do a lot for adoption.
This could have huge potential if implemented correctly. All we need is capable talent and capital to allocate towards the mission. Funding can come from donations, and talent can be sourced both internationally and locally from (whatever area is the target market). It would be good to balance marketing/storytelling experience with local cultural empathy so as to maximize impact of the message.
We're currently based in Singapore, so the Philippines is just a few hours away! I'd love to come and set up some facility similar to Bitcoin Ekasi and help onboard the next generation of Filipinos to Bitcoin. I know Pouch is doing some great stuff there already!
What's funny is I feel like a lot of people unconsciously anticipate or even desire such a "hard" scenario because it could be "bullish" for Bitcoin. Fed keeps printing and inflation exponentially increases. Fiat price for BTC goes up, and now your bags have doubled, tripled, etc (in fiat amounts of course).
The problem really sets in when (hypothetically) it's mandated by law that each POS system in every store is required by law to only operate to settle transactions with the CBDC or surveilled digital credit equivalent. The state doesn't need to go into every store to do this—they just target the POS hardware + software companies, banks, and fintech companies to comply with new regulation. In one fell swoop, the entire medium of exchange in a society shifts. Just like what Modi did in India with a regulatory switch that withdrew the Rs 1,000 and Rs 500 cash notes from the market, other governments can make similar switches and the people comply.
How much is your Bitcoin worth if you can't actually use it as money to settle transactions? How will you convince your merchant to purchase goods with your electronic cash when all they accept is electronic credit? If most merchants are wary of Bitcoin in its present state, how difficult would it be to get them to use Bitcoin if the government says its illegal do to so? Worst case scenario you have an Executive Order 6102 where all the KYC'd Bitcoiners need to fork over their coins in exchange for CBDC credits or else the police escorts you to another quarantine camp.
Although it sounds hyperbolic, we've seen anything is possible in the last few years. Best for us would be to anticipate the attacks and prevent them before they even occur. We can't get everyone on board with Bitcoin before the CBDC rollouts, as you said, so we definitely need to be able to make plans on how to counter their strategy in advance.
Very true. The cypherpunks and Bitcoin maxis have laid down the ideological groundwork perfectly for the next era of development. Now it's just up to us to go and build such institutions. We already see the Paxful sponsored Bitcoin Ekasi—a Bitcoin-first education center and community hub in a South African township. It's just the beginning for such institutions, and I hope to see more in the next few years.